Latest Forum Topics /
IX Biopharma
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iX Biopharma
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ahberngh
Elite |
24-Dec-2021 14:33
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Did not hear any bad news!!! Don' t know why today down so much. Bought some at 0.196. Hope year end result is going to be ok, even if no profit at least much reduced loss. Need management to be proactive to stop the bleeding, defend against shortists.  ![]()  
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Smartbet
Member |
24-Dec-2021 14:22
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Any bad news?
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Smartbet
Member |
24-Dec-2021 14:09
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What happened? Keep getting lower and lower.
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Smartbet
Member |
17-Dec-2021 18:06
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Thanks Bro. The stock market is an illogical game anyway.
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ahberngh
Elite |
17-Dec-2021 17:23
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Barring any bad news (which I have not heartd), I think this is because of our SGX market. It is not wrong to say that the majority of players are shortists, contra and short term players. For a company like IX, which is not profitable at the moment, there is no interest to buy, because  cntra and short term players cannot make money. There may be a few shortists looking to make some coffee money. Anyway, with no buys and some disillusioned holders looking to to recover their money, the  price will tend to drift down. Just my oipnion, please dyodd.
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Smartbet
Member |
17-Dec-2021 16:26
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Thanks Bro. I just don't understand why the price does not indicate so as their position now is much better than before. Don't expect it to fly now, but with the safety net now, it seem the price is much worse than without the safety net.
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ahberngh
Elite |
17-Dec-2021 16:04
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I have been following this counter for some time. But, my understanding of the situation is like this: for drug and pharma companies, the most draining and time consuming phase is during development and testing of products. This is the time when they burn money, and if the drug tests fails, they may go  bankrupt. As far as I can see, IX has passed this stage and have developed several promising products, based on their Waferix platform. Now, it dpends on how well they can do their marketing, how they can tie up with distribution companies, etc. If they do this well and their products are well received, the future is very bright. China is a very big market for beauty and supplement products. Look at BestWorld, how well they perform despite their problems. With their outlicencing in place, their partner must be quite confident of their Wafermine product. This provides a safety net for IX while they push their other products elsewhere. These are my naive views, and I may be totally wrong. And I am willing to bet big for a big payout in futre, I don' t mind a timeframe of 2-3 years. Of course I go in with eyes open, I may lose it all but nothing venture, nothing gain. Just my opinion, please dyodd.
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Smartbet
Member |
17-Dec-2021 15:42
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Bro, why are you so confident?
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ahberngh
Elite |
17-Dec-2021 15:38
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Bought some at 19.5c, still some in the q. Will also q to buy at 19c. Play by the ear. Already have a sizeable load, but will load more if the price drops.
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Smartbet
Member |
17-Dec-2021 15:34
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I will buy to average down if it drop to 0.14 which is the lowest point.
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Smartbet
Member |
17-Dec-2021 15:23
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It shouldn't keep dropping if the position and situation now is better than before.
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Smartbet
Member |
17-Dec-2021 15:21
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No eyes see. Everyday drop and drop.
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ahberngh
Elite |
17-Dec-2021 12:18
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Yes, for the risk we take and the patience we endure, we should hold for a bigger return. A 100% profit margin is not unreasonable, and I am expecting about that  .Fingrers crossed. I may be wrong, please dyodd.
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Luckygal
Member |
16-Dec-2021 15:53
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We are like angel investor here. The stock has potential, but unlikely to move much until the company starts turning profitable. Need to have patience and stay invested for long. | ||||
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ahberngh
Elite |
16-Dec-2021 14:24
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If dropped below 20c, I will also load more. In the past, this counter was very shaky, with probablity of turning turtle. With the outlicensing deal, this threat is removed, in my opinion, and there is a safety net. Just my opinion, dyodd.
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eric998
Supreme |
16-Dec-2021 13:55
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closing the april gap to 195.. let it move down a little more then load.. HUAT..
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ahberngh
Elite |
15-Dec-2021 16:35
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Today, a very bad day. Everything dropped, only shortists make money.
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Smartbet
Member |
15-Dec-2021 16:26
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After more than five years, this stock have drop more than 50% of it price. Really need at least 10 year to be long term.
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eric998
Supreme |
15-Dec-2021 16:21
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20c should be quite good support.. i dont mind load at 195-200.. see who want to sell..  | ||||
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Smartbet
Member |
15-Dec-2021 16:20
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I am long term, but it seem that this stock need more than long term.
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