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BIO PHARMA company do research on MEDICAL DISEASES

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newbieliu
    29-Apr-2020 18:09  
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That is what I can do now lol. Incoming there should be more positive news hehhe. all waiting to unload at the right price > not waiting for 1 dollar la. 

Hope they can push sales to more countries. Got sale got money . 
Dont care if its 100% accuracy or not since NO drugs is 100% good or no test is 100% foolproof.

Sgvale      ( Date: 29-Apr-2020 16:21) Posted:

Yes. Just hold. I also hold. Once chiong more positive stories will come.

t0RNAD0      ( Date: 29-Apr-2020 16:05) Posted:


Think before this deal, with no products the share price is around 20 cents.
Now at least they have a product to resell. Hence my personal opinion is the price range of 40-50 is a true reflection of the company.
Of course my valuation could be wrong , but you really over bash too much.
If you are on a personal crusade against listed companies with bad financials, there are targets out there more worthy of your fight, like Tesla & Netflix.

 


 
 
Cadence88
    29-Apr-2020 17:28  
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Ya but there was hardly any trades before 31Mar.

t0RNAD0      ( Date: 29-Apr-2020 16:05) Posted:


Think before this deal, with no products the share price is around 20 cents.
Now at least they have a product to resell. Hence my personal opinion is the price range of 40-50 is a true reflection of the company.
Of course my valuation could be wrong , but you really over bash too much.
If you are on a personal crusade against listed companies with bad financials, there are targets out there more worthy of your fight, like Tesla & Netflix.

 

WL123456      ( Date: 29-Apr-2020 15:55) Posted:

I think you have made a great effort in warning others not to buy because of the financial conditions this company is in. But there are others who are already in and they will come out with 1000 and 1 reasons for them to stay vested. Relax pal. You have done your best


 
 
Sgvale
    29-Apr-2020 16:21  
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Yes. Just hold. I also hold. Once chiong more positive stories will come.

t0RNAD0      ( Date: 29-Apr-2020 16:05) Posted:


Think before this deal, with no products the share price is around 20 cents.
Now at least they have a product to resell. Hence my personal opinion is the price range of 40-50 is a true reflection of the company.
Of course my valuation could be wrong , but you really over bash too much.
If you are on a personal crusade against listed companies with bad financials, there are targets out there more worthy of your fight, like Tesla & Netflix.

 

WL123456      ( Date: 29-Apr-2020 15:55) Posted:

I think you have made a great effort in warning others not to buy because of the financial conditions this company is in. But there are others who are already in and they will come out with 1000 and 1 reasons for them to stay vested. Relax pal. You have done your best


 

 
ST3-trading
    29-Apr-2020 16:09  
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Dropped....
 
 
t0RNAD0
    29-Apr-2020 16:05  
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Think before this deal, with no products the share price is around 20 cents.
Now at least they have a product to resell. Hence my personal opinion is the price range of 40-50 is a true reflection of the company.
Of course my valuation could be wrong , but you really over bash too much.
If you are on a personal crusade against listed companies with bad financials, there are targets out there more worthy of your fight, like Tesla & Netflix.

 

WL123456      ( Date: 29-Apr-2020 15:55) Posted:

I think you have made a great effort in warning others not to buy because of the financial conditions this company is in. But there are others who are already in and they will come out with 1000 and 1 reasons for them to stay vested. Relax pal. You have done your best .

sbscap      ( Date: 29-Apr-2020 12:18) Posted:

You say you dunno. I' ll tell you. Ok, since I' m free due to COVID, I can tell you more. Speaking with facts ... Bio has accumulated losses of SGD46m based on audited 2019 AR. If the company can make USD8m from testing kits ... that' s SGD11m. Assuming the rest suddenly becomes zero (or the extra test kits sales offset other losses). It would take 5 years to wipe out the accumulated losses before Bio can start paying dividends. Now, COVID still around after a few years? That would be COVID-24. LOL.

" Companies pay dividends to shareholders out of retained earnings. A company with negative retained earnings is said to have a deficit. It does not have any money in retained earnings, so it cannot pay out a dividend. " source: https://bizfluent.com/info-12184977-can-pay-dividends-negative-retained-earnings.htm


 
 
Sgvale
    29-Apr-2020 15:57  
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Why not trust test kits with approval from Singapore Health Science Authority ? Singapore is a trusted brand ..

ST3-trading      ( Date: 29-Apr-2020 15:40) Posted:

https://www.politico.com/news/2020/04/27/reliable-antibody-tests-coronavirus-207589

 

 
WL123456
    29-Apr-2020 15:55  
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I think you have made a great effort in warning others not to buy because of the financial conditions this company is in. But there are others who are already in and they will come out with 1000 and 1 reasons for them to stay vested. Relax pal. You have done your best .

sbscap      ( Date: 29-Apr-2020 12:18) Posted:

You say you dunno. I' ll tell you. Ok, since I' m free due to COVID, I can tell you more. Speaking with facts ... Bio has accumulated losses of SGD46m based on audited 2019 AR. If the company can make USD8m from testing kits ... that' s SGD11m. Assuming the rest suddenly becomes zero (or the extra test kits sales offset other losses). It would take 5 years to wipe out the accumulated losses before Bio can start paying dividends. Now, COVID still around after a few years? That would be COVID-24. LOL.

" Companies pay dividends to shareholders out of retained earnings. A company with negative retained earnings is said to have a deficit. It does not have any money in retained earnings, so it cannot pay out a dividend. " source: https://bizfluent.com/info-12184977-can-pay-dividends-negative-retained-earnings.html

ST3-trading      ( Date: 29-Apr-2020 11:35) Posted:

Lol , then i got no say liaoo. 
how deep is the hole , i duuno . Wait ba .AGM
 


 
 
ST3-trading
    29-Apr-2020 15:40  
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https://www.politico.com/news/2020/04/27/reliable-antibody-tests-coronavirus-207589
 
 
Sgvale
    29-Apr-2020 15:30  
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Jin Ho.

shadow11      ( Date: 29-Apr-2020 15:23) Posted:

Wah jin brearish. Testing support 38.
Chng Kay wanna see 30c again.

 
 
shadow11
    29-Apr-2020 15:23  
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Wah jin brearish. Testing support 38.
Chng Kay wanna see 30c again.
 

 
Sgvale
    29-Apr-2020 15:16  
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Once Co is in infancy development. Sharks will swirl as it's cheap

Sgvale      ( Date: 29-Apr-2020 15:14) Posted:

Will there be buy out offer for Biolidics ?

 
 
Sgvale
    29-Apr-2020 15:14  
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Will there be buy out offer for Biolidics ?
 
 
lailai
    29-Apr-2020 15:02  
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15c div is too far fetch lah, imo, but 1.5c is possible.
Assuming becos of the virus, they make a profit of $10mil a year. Their issued shares is quite small, only 260mil.
If they give 1.5c per sh, they only distribute just $3mil, still got 7mil to add into their safe deposit box.
Actually currently they already do have quite a bit of cih, 2.3cps. Kongsi not really too hard up for cash, just opinion.laugh

ST3-trading      ( Date: 29-Apr-2020 11:16) Posted:

Unless another 2 mil sales . 
the profit is enough for 2 yrs with usd 8 mil
market cqp ia 100mil 
enough for dividend of 15cents

 
 
newbieliu
    29-Apr-2020 14:49  
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NO more margin call already . All have to be called should be called days ago when it collapsed big time.

Now left with small holders or BB who wait for news to push it back. Else it will be pushed down sad lol

chanbs      ( Date: 29-Apr-2020 14:38) Posted:

Where are the margin calls ?

 
 
chanbs
    29-Apr-2020 14:38  
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Where are the margin calls ?
 

 
ST3-trading
    29-Apr-2020 14:10  
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I really doubt , agm will be diff from the respond . 
Haix
 
 
t0RNAD0
    29-Apr-2020 13:47  
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So many kit makers even for antibiotics kits.
Even Donald Trump wants, dont means he can only buy or will even buy from Aytu.

actan99      ( Date: 29-Apr-2020 13:40) Posted:

Dated 27th April,  I think if u read this article, Donald Trump wants to fast track and expand mass testing in America, 
Which is Aytu and Biolidics target market. 
He is the President of America, if he wants it, will he gets it ? 

https://www.washingtontimes.com/news/2020/apr/27/donald-trump-federal-government-help-states-corona/?fbclid=IwAR37MG2Bej2_7ZO0uuzMt7nMe9WfgfIg_n1UqgKmaN2DV8LJykI6rw2GcTI


 

 
 
actan99
    29-Apr-2020 13:40  
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Dated 27th April,  I think if u read this article, Donald Trump wants to fast track and expand mass testing in America, 
Which is Aytu and Biolidics target market. 
He is the President of America, if he wants it, will he gets it ? 

https://www.washingtontimes.com/news/2020/apr/27/donald-trump-federal-government-help-states-corona/?fbclid=IwAR37MG2Bej2_7ZO0uuzMt7nMe9WfgfIg_n1UqgKmaN2DV8LJykI6rw2GcTI


 
 
 
Cadence88
    29-Apr-2020 13:38  
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There are at least 3 other anitbody tests that have HSA' s provisional authorisations, Cmtech included.

There are many good China products.. I believe it is the leader in this field. .but there are probably even more bad Chinese companies/products.

wokiechewbacca      ( Date: 29-Apr-2020 13:19) Posted:

I am under the impression the biggest key is actually provisional authorisation by SG Health Sciences authority. This will enable them to leapfrog and get other certifications easily. HSA (gov agency) pants will drop if they suddenly uturn/made mistake. Unless bio got powerful friends or what, then idk.

Abbott and Roche sg also got authorisation except theirs are PCR Kits.

It?s the same logic as bio using Aytu to get US FDA. Just like how China used bio to leapfrog.

China products don?t mean not good, pple always kp but in the end LL head to toe also Chinese products and camp at Taobao.

But for sure, very hard for China made products to be legit and penetrate global market especially such sensitive products. Have to admit most are of questionable quality especially when there is no multiple proper accreditions.

 
 
actan99
    29-Apr-2020 13:36  
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