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Why Biolidics share price significantly dropped

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SmallSmall
    24-Apr-2020 14:30  
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Can buy some at this level for trading. 50% 50% :)
 
 
michaeltan
    24-Apr-2020 14:28  
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What' s 10% of small cap?  Temasek owns 49% of Sembcorp Industries and indirectly owned 61% sembcorp marine. Blue chip but now $0.70
 

dimebag      ( Date: 24-Apr-2020 14:12) Posted:

Lol yeah btw fyi GIC is losing big money and has made many bad investments before. Government agency investing doesn' t mean the stock cannot tank.

WL123456      ( Date: 24-Apr-2020 13:25) Posted:

I use to follow this theory to buy stock last time and 3 of the companies I bought under this theory made me lose close to a 100k. Don?t ever follow this theory. I am a good living example


 
 
WL123456
    24-Apr-2020 14:28  
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I am not too sure too. I only know each time there is a wave up is to escape. And you see so many shouting buy now so I think of profit, this guys will sell. They shouting because they are in already. For me, I am holding my cash for main index like banks and some tech companies in USA that will open up when the market tank heavily again. I am here as I have quite a number of followers asking my opinion as they are stuck and they msg me. I just provide updates but not vested. Maybe like what Guards say, 25 to 30 cents is fair value.

chanbs      ( Date: 24-Apr-2020 14:18) Posted:

Then what price in your opinion , curious 

WL123456      ( Date: 24-Apr-2020 12:27) Posted:

Wah 25/30 is abit low. It?s possible theory wise since the nav is about 4.07c. Let?s see if you are spot on


 

 
ShineY
    24-Apr-2020 14:28  
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old thread wrong forum title

Integrity      ( Date: 24-Apr-2020 13:53) Posted:

Eh why was the old thread deleted?

 
 
chanbs
    24-Apr-2020 14:25  
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FRom 39 to 45 .. let see if trap just before margin call or none at all today 
 
 
Kai189
    24-Apr-2020 14:23  
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TBH

" Buy  the  rumorsell  the  news" is a phenomenon that happens in most markets, particularly financial markets. Traders sometimes turn this idea into a trading  .

I have been trapped numerous times by this.. Spackman /Yuzoo   

Most important is stay alive and fight another day....u win some u lose some
 

 
 

 
lovetoshare
    24-Apr-2020 14:19  
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yes. this is just a game. 
life still move on ...  Health is more important. 
 

humbleman      ( Date: 24-Apr-2020 14:13) Posted:

Win or lose. Move on. Many people earn a lot from the fall too. 

lovetoshare      ( Date: 24-Apr-2020 14:11) Posted:

What you say is logically too... that is why As a big Adult now, we take responsibility even losing big time.

We only blame ourselves on GREED And Stubborn... 

Others can have their opinions as well - but  OURSELVES should be able to tell what is good for ourselves.

No need to talk too much..


 
 
humbleman
    24-Apr-2020 14:18  
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U bullish? The now is the time to get vested. Must look at the product in details. If u unfamiliar with medical kits should stay away 

Sgvale      ( Date: 24-Apr-2020 14:15) Posted:

1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines.

2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

3) Allowed for sales of test kits in European Unions.

4) Allowed to market & sales of test kits in US.

 
 
lailai
    24-Apr-2020 14:18  
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The potential of this kongsi is huge, if the test kit is proven to be useful and effective in those countries that have approved it for sale.
Those countries have huge population, and the pandemic has infected many, resulting in serious lockdowns practically everywhere in the world.
This disesae is not going away in months, as the only effective way seems like by vaccine, which will take maybe 18 months or so to legalise for usage. So raid test is the way to go if sufficientlyreliable as claimed at 95% accuracy.
Currently being marketed, and ready to take off, already some sales figure in US, more to come, matter of time.
Price shd be on the way up if not for the BBs playing pump and dump, resulting in CirB, and restriction by some broking houses. 
But just got to be patient to see if its potential can be realised to $1-$1.5 as some hope for before CirB, and restriction set in lah.

ShineY      ( Date: 24-Apr-2020 13:21) Posted:

@actan99, your link is not working...  otherwise can view the ownership in SGX website  https://www2.sgx.com/securities/equities/8YY

actan99      ( Date: 24-Apr-2020 13:10) Posted:

Did abit of research this company,  under ownership of this counter,  Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake in this company. This should be viewed as postive right ? I mean why would a govt agency invest in this company if it has no growth potential.  The SG GOVT is backing this company.  See below link for more information.  So it should be a positive right ? 

https://www.morningstar.com/news/accesswire/586556msn/aytu-bioscience-announces-exclusive-distribution-agreement-for-covid-19-iggigm-rapid-test-with-singapore-based-biolidics-limited?fbclid=IwAR1s5ycwXKA3V18RdqZeB8gwTQzq9eyS6Oj1pOXMEUbhUg0rXsKqUKcaKKQ



 


 
 
chanbs
    24-Apr-2020 14:18  
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Then what price in your opinion , curious 

WL123456      ( Date: 24-Apr-2020 12:27) Posted:

Wah 25/30 is abit low. It?s possible theory wise since the nav is about 4.07c. Let?s see if you are spot on.

guards80      ( Date: 24-Apr-2020 12:00) Posted:

It wont go back to square before rally price. Hmm maybe about 250to30


 

 
lovetoshare
    24-Apr-2020 14:17  
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ABL is a legend LOL

WL123456      ( Date: 24-Apr-2020 14:15) Posted:

My advice is stay sideline if your are not vested and sell if you are just like morning, got chance u run. Someone mentioned here there will be a third wave. I believe so. With trading curbs, BB will exit and then the price will drift south. Just look at rex, Medtecs, ABL and so on. Once there is trading curb, there will be a problem. This stock don?t give dividend and so what if even you get it say 0.40? U get stuck till don?t know when. Opportunity cost. Must as well use it to buy dividend yielding stocks that can recover after the virus is over.

westpoison      ( Date: 24-Apr-2020 14:10) Posted:

In another words " If you lose, you got only yourself to blame"


 
 
Sgvale
    24-Apr-2020 14:15  
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1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines.

2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.

3) Allowed for sales of test kits in European Unions.

4) Allowed to market & sales of test kits in US.
 
 
WL123456
    24-Apr-2020 14:15  
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My advice is stay sideline if your are not vested and sell if you are just like morning, got chance u run. Someone mentioned here there will be a third wave. I believe so. With trading curbs, BB will exit and then the price will drift south. Just look at rex, Medtecs, ABL and so on. Once there is trading curb, there will be a problem. This stock don?t give dividend and so what if even you get it say 0.40? U get stuck till don?t know when. Opportunity cost. Must as well use it to buy dividend yielding stocks that can recover after the virus is over.

westpoison      ( Date: 24-Apr-2020 14:10) Posted:

In another words " If you lose, you got only yourself to blame" .

Innocent      ( Date: 24-Apr-2020 14:06) Posted:

My most humble advice yet again: Rely on your own due diligent work & REALTIME MONITORing & TRADE within your means, RELY on YOURSELF & YOURSELF ONLY (don' t even bother to take my words @ all too). Lollll


 
 
Integrity
    24-Apr-2020 14:14  
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When the economy crisis comes, no stock will be spared.

dimebag      ( Date: 24-Apr-2020 14:12) Posted:

Lol yeah btw fyi GIC is losing big money and has made many bad investments before. Government agency investing doesn' t mean the stock cannot tank.

WL123456      ( Date: 24-Apr-2020 13:25) Posted:

I use to follow this theory to buy stock last time and 3 of the companies I bought under this theory made me lose close to a 100k. Don?t ever follow this theory. I am a good living example


 
 
humbleman
    24-Apr-2020 14:13  
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Win or lose. Move on. Many people earn a lot from the fall too. 

lovetoshare      ( Date: 24-Apr-2020 14:11) Posted:

What you say is logically too... that is why As a big Adult now, we take responsibility even losing big time.

We only blame ourselves on GREED And Stubborn... 

Others can have their opinions as well - but  OURSELVES should be able to tell what is good for ourselves.

No need to talk too much.. .

BoLiaoWFH      ( Date: 24-Apr-2020 13:58) Posted:

there are many kind hearted guys here keep advising others not to enter this counter, and they do support with logical reasoning for their negative view. are they really kind hearted or they are taking up big position on short?
 


 

 
dimebag
    24-Apr-2020 14:12  
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Lol yeah btw fyi GIC is losing big money and has made many bad investments before. Government agency investing doesn' t mean the stock cannot tank.

WL123456      ( Date: 24-Apr-2020 13:25) Posted:

I use to follow this theory to buy stock last time and 3 of the companies I bought under this theory made me lose close to a 100k. Don?t ever follow this theory. I am a good living example.

actan99      ( Date: 24-Apr-2020 13:10) Posted:

Did abit of research this company,  under ownership of this counter,  Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake in this company. This should be viewed as postive right ? I mean why would a govt agency invest in this company if it has no growth potential.  The SG GOVT is backing this company.  See below link for more information.  So it should be a positive right ? 

https://www.morningstar.com/news/accesswire/586556msn/aytu-bioscience-announces-exclusive-distribution-agreement-for-covid-19-iggigm-rapid-test-with-singapore-based-biolidics-limited?fbclid=IwAR1s5ycwXKA3V18RdqZeB8gwTQzq9eyS6Oj1pOXMEUbhUg0rXsKqUKcaKKQ



 


 
 
lovetoshare
    24-Apr-2020 14:11  
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What you say is logically too... that is why As a big Adult now, we take responsibility even losing big time.

We only blame ourselves on GREED And Stubborn... 

Others can have their opinions as well - but  OURSELVES should be able to tell what is good for ourselves.

No need to talk too much.. .

BoLiaoWFH      ( Date: 24-Apr-2020 13:58) Posted:

there are many kind hearted guys here keep advising others not to enter this counter, and they do support with logical reasoning for their negative view. are they really kind hearted or they are taking up big position on short?
 

 
 
WL123456
    24-Apr-2020 14:10  
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Replied you. Go check.

VictorKingLee      ( Date: 24-Apr-2020 13:49) Posted:

WL, I have always been a follower of you and always appreciated your valueable view.

Just out of curiosity,

On Wednesday those people to short sell and did not cover back (trading halt),
they will have the shares buy back by SGX today.
May I know what time?
and the price will be the current price + 2 bids or yesterday' s closing price.

These group of people may have suffer an emotional roller coaster
as the share got halted, and started to worry
then, the opening price was 86-87....
and now.. they should be very happy ... as the price ease to 44 now

WL123456      ( Date: 24-Apr-2020 13:25) Posted:

I use to follow this theory to buy stock last time and 3 of the companies I bought under this theory made me lose close to a 100k. Don?t ever follow this theory. I am a good living example


 
 
westpoison
    24-Apr-2020 14:10  
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In another words " If you lose, you got only yourself to blame" .

Innocent      ( Date: 24-Apr-2020 14:06) Posted:

My most humble advice yet again: Rely on your own due diligent work & REALTIME MONITORing & TRADE within your means, RELY on YOURSELF & YOURSELF ONLY (don' t even bother to take my words @ all too). Lolllll

BoLiaoWFH      ( Date: 24-Apr-2020 13:58) Posted:

there are many kind hearted guys here keep advising others not to enter this counter, and they do support with logical reasoning for their negative view. are they really kind hearted or they are taking up big position on short?
 


 
 
Innocent
    24-Apr-2020 14:06  
Contact    Quote!
My most humble advice yet again: Rely on your own due diligent work & REALTIME MONITORing & TRADE within your means, RELY on YOURSELF & YOURSELF ONLY (don' t even bother to take my words @ all too). Lolllll

BoLiaoWFH      ( Date: 24-Apr-2020 13:58) Posted:

there are many kind hearted guys here keep advising others not to enter this counter, and they do support with logical reasoning for their negative view. are they really kind hearted or they are taking up big position on short?
 

 
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