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BIO PHARMA company do research on MEDICAL DISEASES
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Lobangtan
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17-Jul-2020 00:38
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Nott1965, U really dont like Biolidics hor?????  
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newbie888
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17-Jul-2020 00:36
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I'm ok with that too.. Lol..
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nott1965
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17-Jul-2020 00:33
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Tomorrow crashed back to $0.20. papers can't cover fire liao
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newbie888
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17-Jul-2020 00:33
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Erm.. If you read the announcement carefully, its mentioned that there's no certainty that the group is able to commercialise successfully the serology test that incorporate the tech., if developed.. The term "if developed" already indicate the uncertainty in developing the kit.. And he also throws in a bonus saying that even if able to develop the kit, all the effort may go to the drain as there's no guarantee in commercialising it.. So what more do you want from the company?? Likely tml will see another article from mak.. Lol..
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Lobangtan
Member |
17-Jul-2020 00:30
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Don&rsquo t be naive lah...vaccine wont be ready so soon. At least till end 2021 or later.
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nott1965
Veteran |
17-Jul-2020 00:21
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I kept seeing this phrase used '   there is no certainty that the Company will be able to, among others, successfully develop' . This should have been revealed in the announcement on 14 July in the first place.  Estmated 9 months to develop. By then vaccine will probably be successful first |
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newbie888
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17-Jul-2020 00:16
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Wtf.. Seriously wait till last min.. Nevertheless its a good thing at least they respond..
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soonsoonhuat
Veteran |
17-Jul-2020 00:03
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announcements out | ||||
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newbie888
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16-Jul-2020 23:55
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Lol.. You sure hope to see biolidics go down.. Just to prove you are a stock guru? Lol..
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Starship
Supreme |
16-Jul-2020 23:37
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newbieliu
Elite |
16-Jul-2020 23:22
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Indeed the qns are relevant and good are at supporting the shares prices and moving it back up or breaking it lol
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ST3-trading
Senior |
16-Jul-2020 23:19
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Qns 3 is multi million qns . If ans is next mth , then tml sure start 
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lailai
Elite |
16-Jul-2020 23:15
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Just to comment a little bit more.  Out of the 5 main quesrions (with sub questions (a), (b) ...), only Q5 is appropriate to be answered within 2 days.  Ext  for Q5: " 5) The Agreement with A*ccelerate was entered into on 9 July 2020. We note that the Company called for trading halt on 13 July 2020, at 12:19pm, and released the Announcement on 14 July 2020, 10:46pm.  (a) What are the reasons for the delay in the announcement .  (b) Was the Sponsor aware and consulted on the disclosure of this matter and what was their advice.  (c) When did the Board and Sponsor approve the announcement?" For Q1-Q4, 2-4 weeks should be given to be fair to the company management/dir. Otherwise SGX is causing too much unnecessary stress to pressure the coy to answer so quickly, resulting in creating a lot of uncertainties and stress to investors as can be seen in the forum and the market. Just opinion. ![]()
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nott1965
Veteran |
16-Jul-2020 23:08
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You mean before you enter into a business transaction, you have no plan of roughly how long you need to be successful. This is business, not charity. No sign of profit, sign deal fir what? Unless other motives?
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Lobangtan
Member |
16-Jul-2020 23:08
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I totally agree, don' t think will announce answers to queries so soon, probably week liao | ||||
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lailai
Elite |
16-Jul-2020 22:54
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So many questions, not easy to answer. Not straight forward yes or no.  Just an example to show investors how SGX queries, in Q3, it is made up of 4 sub questions: " 3) It is stated in the Announcement that the Company will further develop the Technology .  (a) What is the current status and the Company' s ability with regards to its efforts to further develop the Technology ?  (b) At present, what is the projected timeline or milestone, if any, for Biolidics to successfully develop the Technology?  (c) Are there any conditions that need to be met, such as the completion of the Technology development by the Company, before it could market the serology tests which incorporate the Technology into its Covid-19 Antibody Test Kit or into any other form of serology tests? (d) When does the Company expect to be able to market the serology tests which incorporate the Technology into its Covid-19 Antibody Test Kit or into any other form of serology tests?"   Imo, SGX is causing too much confusion, by asking too many questions which are not convenient for coy to make public, or to give quick replies. This could have partly contribute to the sell down today, which also affect the whole mkt in general. Just opinion. ![]()  
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ST3-trading
Senior |
16-Jul-2020 22:36
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Havent respond ? 2359? | ||||
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michaeltan
Master |
16-Jul-2020 22:31
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There are number of companies listed under SGX watch list. These included company recorded pre-tax losses for 3 consecutive losses as well as the company failed to maintain market cap at least $40 million trading at for at least past 6 months.   
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nott1965
Veteran |
16-Jul-2020 22:19
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If nothing to hide, just answer according to facts. Why take so long? Is it to twist and turn again?
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lailai
Elite |
16-Jul-2020 22:15
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There were at least 12 questions that SGX asked, why ask so many questions, and expecting the coy to reply within such a tight time frame. Ask the one important question, that is regarding the timing of the release of the announcements. That' s about it, and don' t make others beat around the bush. Just opinion. ![]()  
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