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Why Biolidics share price significantly dropped

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newbieliu
    24-Apr-2020 12:26  
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Anyone knows how these margin calls work? immediately brokerage will sell for u or they could make use the timing to time the selling too? What would they get from here mmm besides the brokerage fee...
They always earn from both world since they will have CFD for sell and buy ...

tutuboi      ( Date: 24-Apr-2020 12:15) Posted:

Margin call up, like what WL say, may have more margin calls later on. Good luck all don?t just blindly sip Kopi

 
 
newbieliu
    24-Apr-2020 12:22  
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Medtecs increased was from 0.022 to 0.200... around 10 times? then it went down to around 100 then 80-90 then shot up 2 days ago to 148 from 104.... all quite speculative so we are waiting for our turns . Confirmed not today lol

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

It wont go back to square before rally price. Hmm maybe about 250to300

guards80      ( Date: 24-Apr-2020 11:58) Posted:

Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until wher


 
 
tutuboi
    24-Apr-2020 12:15  
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Margin call up, like what WL say, may have more margin calls later on. Good luck all don?t just blindly sip Kopi
 

 
mkang2019
    24-Apr-2020 12:15  
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So obvious why Admin deleted the thread as someone inside the forum must have either received inside news or was trying to pump up the stock by spreading false information so they are very worried about police investigation now. 
 
 
albeniz
    24-Apr-2020 12:12  
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Biolidics is not the only company producing test kits.  There are many such experts in the whole world.

Too many competitors and similar poducts in this field.   
The product penetration may end up not as great as have imagined.

 

Sgvale      ( Date: 24-Apr-2020 11:49) Posted:

Be rational. Price appreciate is not excessive now with Biolidics slew announcement of progression. It products penetration to the World is actually no mean feat.

 
 
Jesmar
    24-Apr-2020 12:05  
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Based on my understanding of your write.....0.80 sell order will be executed at 87.5...go check because may not understand u say...anyway just easy sip kopi lah....huat ah!!! Happy trading folks!!!

ShineY      ( Date: 24-Apr-2020 11:13) Posted:

Biolidics share price rose more than double after they announced the news about Covid19 test kit, but was significant dropped on 23/4/2020 after the trading halt. I did an analysis, the fact behind was due to inadvantage of SGX system, a sad story to those investors bought in higher price. Before the trading halt, the last traded price was SGD 0.76, while some investors are not awared the lifting of the trading halt at 3:30pm, they leave their stocks as ask price at their desired price in the system, which is around  SGD 0.80. During lifting of trading halt, the share price was rose to  SGD 0.875, the SGX system will FIRSTLY EXECUTE the exactly matched bid and ask price,  SGD0.875,  THEN EXECUTE those bid price as MARKET RATE with those ask price as  SGD 0.80  as mentioned earlier. So the last traded price show as suddenly drop from  SGD 0.875  to  SGD 0.80, this made minority investors worried and keep seeling their stocks at lower price and finally stop at SGD 0.425. Consequently, as the volume sold at lower price was minority, it will be easily get up back to higher price in short period if the stocks remain actively trading by investors buy in long position after the " shock" ended.

 

 
Sgvale
    24-Apr-2020 12:02  
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Medtecs is with no progress development announcement but being push up by people sentiment masks will be hot sell. Biolidics Is with new marketable product which is a breakthrough for the Co.

guards80      ( Date: 24-Apr-2020 11:58) Posted:

Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until where

WL123456      ( Date: 24-Apr-2020 11:51) Posted:

Lol, admin delete thread


 
 
shortking
    24-Apr-2020 12:01  
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who still holding
 
 
iinvestor
    24-Apr-2020 12:01  
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share volume dead aldy after restriction....who dare to buy/sell...only show is part 2 later if kenna margin..

guards80      ( Date: 24-Apr-2020 11:58) Posted:

Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until where

WL123456      ( Date: 24-Apr-2020 11:51) Posted:

Lol, admin delete thread


 
 
guards80
    24-Apr-2020 12:00  
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It wont go back to square before rally price. Hmm maybe about 250to300

guards80      ( Date: 24-Apr-2020 11:58) Posted:

Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until where

WL123456      ( Date: 24-Apr-2020 11:51) Posted:

Lol, admin delete thread


 

 
guards80
    24-Apr-2020 11:58  
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Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until where

WL123456      ( Date: 24-Apr-2020 11:51) Posted:

Lol, admin delete thread.

guards80      ( Date: 24-Apr-2020 11:48) Posted:

like that also can


 
 
limkt009
    24-Apr-2020 11:57  
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35c coming in the afternoon session
 
 
Sgvale
    24-Apr-2020 11:56  
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Yup.... discussion should base on the Company announcements & progression. Not to instill unnecessary assumption.

WL123456      ( Date: 24-Apr-2020 11:51) Posted:

Lol, admin delete thread.

guards80      ( Date: 24-Apr-2020 11:48) Posted:

like that also can


 
 
Trader-101
    24-Apr-2020 11:56  
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Ya all Kenna gone Liao sad 
Listen to all those ppl lol 

Now admin also lose big big delete thread Liao lol 

shortking      ( Date: 24-Apr-2020 11:54) Posted:

feels bad this time those new trader all kenna f***

 
 
shortking
    24-Apr-2020 11:54  
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feels bad this time those new trader all kenna f***
 

 
Sgvale
    24-Apr-2020 11:53  
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Its Covid 19 test kits is certified by Singapore with stringent criteria. It's medical useability is without question. Now is the commercial marketability to the World.

Sgvale      ( Date: 24-Apr-2020 11:49) Posted:

Be rational. Price appreciate is not excessive now with Biolidics slew announcement of progression. It products penetration to the World is actually no mean feat.

 
 
puppey
    24-Apr-2020 11:52  
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something happened to this counter soon ? thread gone now wtf ?!
 
 
WL123456
    24-Apr-2020 11:51  
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Lol, admin delete thread.

guards80      ( Date: 24-Apr-2020 11:48) Posted:

like that also can.

westpoison      ( Date: 24-Apr-2020 11:47) Posted:

too much bitching which went out of topic I guess.


 
 
cheffy
    24-Apr-2020 11:50  
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yes

ShineY      ( Date: 24-Apr-2020 11:13) Posted:

Biolidics share price rose more than double after they announced the news about Covid19 test kit, but was significant dropped on 23/4/2020 after the trading halt. I did an analysis, the fact behind was due to inadvantage of SGX system, a sad story to those investors bought in higher price. Before the trading halt, the last traded price was SGD 0.76, while some investors are not awared the lifting of the trading halt at 3:30pm, they leave their stocks as ask price at their desired price in the system, which is around  SGD 0.80. During lifting of trading halt, the share price was rose to  SGD 0.875, the SGX system will FIRSTLY EXECUTE the exactly matched bid and ask price,  SGD0.875,  THEN EXECUTE those bid price as MARKET RATE with those ask price as  SGD 0.80  as mentioned earlier. So the last traded price show as suddenly drop from  SGD 0.875  to  SGD 0.80, this made minority investors worried and keep seeling their stocks at lower price and finally stop at SGD 0.425. Consequently, as the volume sold at lower price was minority, it will be easily get up back to higher price in short period if the stocks remain actively trading by investors buy in long position after the " shock" ended.

 
 
Sgvale
    24-Apr-2020 11:49  
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Be rational. Price appreciate is not excessive now with Biolidics slew announcement of progression. It products penetration to the World is actually no mean feat.
 
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