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Why Biolidics share price significantly dropped
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Trader-101
Supreme |
26-Apr-2020 12:31
Yells: "Don't trust what i say, Trust your decisions. " |
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x 0
x 0 Alert Admin |
Hello just to add on , She' s the wife of our PM Hahaha  U think she will have access to more information than the retail investors like us ? Obviously ... The fact that she' s directly pointing out the company does not bode well for the company share price ya ? 
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ken777
Veteran |
26-Apr-2020 12:29
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x 0
x 0 Alert Admin |
https://www.youtube.com/watch?v=5cYWd0N8nO4   We Asked The World&rsquo s Leading Vaccine Expert About COVID-19 Vaccine
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humbleman
Senior |
26-Apr-2020 12:28
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x 0
x 0 Alert Admin |
Yah lor exactly the point. HSA cerfitied does not guarantee accuracy. Able to market does not means sales.  Careful careful. 
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Fluffyclouds
Master |
26-Apr-2020 12:26
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x 0
x 0 Alert Admin |
1) Clearbridge got more exposure. (yay!) 2) Certified by HSA already. 3) Market in the USA already. She just wants company to share the numbers so that the public know about this rapid test. | ||||
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humbleman
Senior |
26-Apr-2020 12:26
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x 0
x 0 Alert Admin |
Actually, application for this is limited. Also unless u are convinced that the kit accuracy is very high, otherwise have to balance the outlook. Also the fact serology testing has varying accuracy and also competition is tough perhaps further upside expectation needs to be balanced.Just a logical deduction. Antibodies take almost 10-14 days to developed. A bit too long for useful implication now.  I think okay to be optimistic. But i think got less risky things to invest with further upside.
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newbieliu
Elite |
26-Apr-2020 12:14
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x 0
x 0 Alert Admin |
Thanks for the info . She actually mentioned she had no specific info on it and yet she made so much claims on it mmmm
Perhaps she should do more research before she made such remarks that could be damaging . Hopefully the company can come out to make some explanation on it . Based on what she claimed that rapid test for the presence of antibody is not important but should use lab test that takes hours then the medical health care system could hv been crashed before speed is buying us enough time to separate the healthy and infected people in time.
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humbleman
Senior |
26-Apr-2020 12:07
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x 0
x 0 Alert Admin |
Not sure if you all saw this post. Please be careful. Bearish  https://m.facebook.com/100005335308340/posts/1417843458403484/
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Trader-101
Supreme |
26-Apr-2020 11:58
Yells: "Don't trust what i say, Trust your decisions. " |
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x 0
x 0 Alert Admin |
Hey Dreamers !  Just wanna say the distributor moved up maybe ard 20% after the news broke ?  Bio currently moved up more than a 100% already  Continue with your dream , enjoy !    |
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ST3-trading
Senior |
26-Apr-2020 09:04
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Can anyone enlighten me , how come bio is china made instead of singapore? | ||||
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Innocent
Veteran |
26-Apr-2020 01:33
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x 0
x 0 Alert Admin |
VACCINE in medical term is use for PREVENTION of contracting some illness/disease. On the other hand, CURE is to treat/heal those already contracted patients. 
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mistrally
Member |
26-Apr-2020 00:20
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Hmm I thought I posted, but like didn' t show up. Reposting. Pls excuse if have multiple posts. --- Thanks for spelling out your reasoning! I agree with some points, would love to spar on others, but for now I want to address point (1). To paraphrase your hypothesis: China-made products are at a disadvantage in the US due to political reasons. I don' t think it' s true, especially during this time. The US is so desperate for China-made medical equipment now, not the other way around. In fact, China is the one trying to restrict their exports (this was due to ensure that only quality medical devices are exported). US has stopped caring about quality, just needs the quantity. Dated 17 April: https://www.straitstimes.com/world/united-states/us-asks-china-to-revise-export-rules-for-coronavirus-medical-gear " On Wednesday, US Secretary of State Mike Pompeo spoke by phone with China' s top diplomat Yang Jiechi and stressed the" high importance" Washington attached to China' s facilitation of medical supply exports to meet critical demand in the United States." To paraphrase, ' Good or not good, we don' t care already la. Just send what you have over. Pretty please.' Things might change from July onwards as Abbott, Roche, Quest et al ramp up their manufacturing, but for now, the US is very, very desperate. Even when all the big boys ramp up manufacturing, we don' t know if it' ll be enough. Case in point - China currently supplies 48% of the US' personal protection equipment. 3M and Honeywell is planning to raise production of masks to 70 million a month. But that is still below how much they need. According to the US Dept of Health & Human Services, they need a stockpile of 500 million masks. So for now, I don' t think China-made medical products will have any disadvantage wrt sales in the US.
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wehuattogether88
Supreme |
25-Apr-2020 22:27
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No, it is those medical experts predicting.
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westpoison
Veteran |
25-Apr-2020 21:36
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x 0
x 0 Alert Admin |
Are you secretly hoping that they can have many more cases so can start to buy more products from bio?
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wehuattogether88
Supreme |
25-Apr-2020 21:07
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x 0
x 0 Alert Admin |
Heard from news that some medical experts are predicting that Australia and New Zealand cases will go back up in their winters period in Jun and July and places like Europe will have 2nd wave of infection in December, so the cycle will still carry on until a vaccine is available | ||||
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papayaface
Supreme |
25-Apr-2020 21:02
Yells: "This is the best time to enter....when everythings uncertain" |
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x 0
x 0 Alert Admin |
Actually to think about it, testing the general population is not so important as most (10,000 out of 12,000 as of today) infected ones are the foreign workers and locals are fewer than 20 per day. So more urgently, more needs to be done about the living conditions of foreign workers to stop the spread. My thinking is that the foreign workers ' dont mind' getting infected as PM Lee has repeatedly assured them and their families back home that Singapore will take care of them with FREE medical, FREE accomodation, FREE food, NO need to work and still drawing FULL salaries. This is eating deeply into our country' s reserves as hundreds of foreign workers are expected to be added to the infected numbers every day over the next few days. Good luck  
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glann92
Senior |
25-Apr-2020 20:39
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x 0
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it will up, but most likely around 45-55 range for the time being. They need more positive news!
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actan99
Master |
25-Apr-2020 20:26
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x 0
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Pandemic will not so fast end. Please, vacinne can take years to complete. Go research it,    In history, which vacinne was created in the shortest time ? Name one. Im talking about Vacinne, not treatment. They are 2 separate things.  ThIs thingy virus is here to stay. Worse still, one infected sometimes will not even show  symptoms and will go around infecting others. So in the meantime,    DIAGNOSTICS is the way to go. MASS Testing.  If you want to cure or even start to have treatment,  you need to  diagnose FIRST RIGHT ?  TESTING IS BETTER THAN NO TESTING.    And you need many many many testing kits, we are talking about mass population of many countries. In the USA ALONE, we talking about hundreds of millions. The govt wont be so silly and get from only one party only. They will source from many many parties, and Biolidics is one of them ,  shouldnt it be a good thing ?    So simple economics,  demand and supply issue here. DEMAND IS Definitely so GREAT. and so little supply.  |
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genny9
Member |
25-Apr-2020 20:24
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x 0
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Singapore Ponders Mass Testing as Virus Outbreak Balloonshttps://www.bloomberg.com/news/articles/2020-04-24/singapore-ponders-mass-testing-as-virus-outbreak-balloons  The country hopes to be able to &ldquo progressively reopen&rdquo its economy in about a month&rsquo s time, with &ldquo much more testings for the entire population and at the same time to take on&rdquo additional safe distancing measures, Minister for Trade and Industry Chan Chun Sing  said  Thursday   |
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papayaface
Supreme |
25-Apr-2020 20:04
Yells: "This is the best time to enter....when everythings uncertain" |
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x 0
x 0 Alert Admin |
It' s opportunity. Having the right product at the right time. Can' t blame them. When the pandemic dies down, you can be sure the price will quickly drift back to the teens again. So enjoy the ride up while you can. Good luck 
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TA_Expert
Supreme |
25-Apr-2020 19:55
Yells: "The World has changed" |
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x 0
x 0 Alert Admin |
Look at how the share price rally from Mar at 0.175 to 0.885 before the crash, a crazy 406% rise within a month. This virus certainly benefitted the company. Before this health crisis, nobody gives a second look at the company as the IPO price crashed after listing in Dec 2018. |
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