AsiaMedic    Last:0.023   -

Asiamed getting HOT!

  AsiaMedic Last:0.137 Vol:34675k +0.007

 

lifeisgood      ( Date: 06-Jun-2015 23:00) Posted: Cornered is a loaded word. But I wont be surprised some over zealous buyers want to accumulate the shares. At this price, many old stuckists may want to get out. Only when the story behind this stock unfolds further would I consider adding more. Woods30      ( Date: 06-Jun-2015 22:37) Posted: can this stock get cornered by some useless smart alec bb?

 

Cornered is a loaded word. But I wont be surprised some over zealous buyers want to accumulate the shares. At this price, many old stuckists may want to get out. Only when the story behind this stock unfolds further would I consider adding more.

Woods30      ( Date: 06-Jun-2015 22:37) Posted: can this stock get cornered by some useless smart alec bb? ffyyss      ( Date: 06-Jun-2015 21:53) Posted: It will not be too difficult for Lu ye to buy the remaining shrs at 18 cts. Do agree that it maybe collecting . Interest has been high on this turnaround company. At 18 cts , its no more than 4 X NAV. Established or not established , most are trading at least 5 x to 10X nav such as singapore O&g , q&M nearer to 10.. 5 or less seems to be HMI, medtecs n asia medic..

 

can this stock get cornered by some useless smart alec bb?

ffyyss      ( Date: 06-Jun-2015 21:53) Posted: It will not be too difficult for Lu ye to buy the remaining shrs at 18 cts. Do agree that it maybe collecting . Interest has been high on this turnaround company. At 18 cts , its no more than 4 X NAV. Established or not established , most are trading at least 5 x to 10X nav such as singapore O&g , q&M nearer to 10.. 5 or less seems to be HMI, medtecs n asia medic..

 

I wont be investing in this stock based on nav, it is more of a growth story (still unknown story for the time being). Hopefully there is an amazing growth path after Luye got involved. Now the mystery is why ONLY 28%? Would you throw your weight behind and help Asiamedic grow with ONLY a 28% stake? So maybe 28% is only the start. Guessing only.

ffyyss      ( Date: 06-Jun-2015 21:53) Posted: It will not be too difficult for Lu ye to buy the remaining shrs at 18 cts. Do agree that it maybe collecting . Interest has been high on this turnaround company. At 18 cts , its no more than 4 X NAV. Established or not established , most are trading at least 5 x to 10X nav such as singapore O&g , q&M nearer to 10.. 5 or less seems to be HMI, medtecs n asia medic..

 

It will not be too difficult for Lu ye to buy the remaining shrs at 18 cts. Do agree that it maybe collecting . Interest has been high on this turnaround company. At 18 cts , its no more than 4 X NAV. Established or not established , most are trading at least 5 x to 10X nav such as singapore O&g , q&M nearer to 10.. 5 or less seems to be HMI, medtecs n asia medic..

 

Everyday pickup like this horse !!! Haha

teeth53      ( Date: 05-Jun-2015 17:16) Posted: Op-0.133 Cls-0.137 +0.007c +5.4% Vol-34,675,900 209,700 0.136 0.137 103,800 Hi-0.140 Lo-0.131 Beyond my expectation, expecting the unexpected or expect the unexpecting?. bteo88      ( Date: 04-Jun-2015 10:44) Posted: Bro u think can reach 0.139-0.14cts today?

 

Op-0.133

Cls-0.137

+0.007c

+5.4%

Vol-34,675,900

209,700

0.136

0.137

103,800

Hi-0.140

Lo-0.131

Beyond my expectation, expecting the unexpected or expect the unexpecting?.

bteo88      ( Date: 04-Jun-2015 10:44) Posted: Bro u think can reach 0.139-0.14cts today? teeth53      ( Date: 04-Jun-2015 10:38) Posted: Asiamedic very hot....up .022c or +20%to touch $0.132 cents

 

There is some rule in SGX that says once a major shareholder made an offer, within 12 months or so, he cannot make another lower offer. I am not sure of the exact rule and its interpretation, but I think I am roughly correct.    

Intercept      ( Date: 05-Jun-2015 14:26) Posted: Hi lifeisgood, pl advise why are u so sure that if they make an offer in future, it has to be at least 18ct? Minority shareholders may still sell below 18ct if they are offered right? Is it regulation? Pardon my ignorance. Thanks lifeisgood      ( Date: 04-Jun-2015 23:43) Posted: AsiaMedic is a different company with the entrance of the LuYe Group. You can google it to see for yourself the large portfolio of medical companies in its fold. Last year Asiamedic made a paltry $670,000 profits. It wont stay like that with Luye involvement. This stock has less than 60% held by the top 20 shareholders. So there are lots of loose shares out there. I can see the new shareholder will try to acquire more of the outstanding shares using an unrelated third party, and then make an offer to raise its stake to 70% or more when sufficient shares have been collected by some friendly hands. And this offer, if made, will not be less than 18 cents. I am collecting this stock on weakness. Hopefully, when the game plan is announced, the share price will continue its upward move.

 

Hi lifeisgood, pl advise why are u so sure that if they make an offer in future, it has to be at least 18ct? Minority shareholders may still sell below 18ct if they are offered right? Is it regulation? Pardon my ignorance. Thanks

lifeisgood      ( Date: 04-Jun-2015 23:43) Posted: AsiaMedic is a different company with the entrance of the LuYe Group. You can google it to see for yourself the large portfolio of medical companies in its fold. Last year Asiamedic made a paltry $670,000 profits. It wont stay like that with Luye involvement. This stock has less than 60% held by the top 20 shareholders. So there are lots of loose shares out there. I can see the new shareholder will try to acquire more of the outstanding shares using an unrelated third party, and then make an offer to raise its stake to 70% or more when sufficient shares have been collected by some friendly hands. And this offer, if made, will not be less than 18 cents. I am collecting this stock on weakness. Hopefully, when the game plan is announced, the share price will continue its upward move. dogbone1      ( Date: 04-Jun-2015 23:08) Posted: Medical Sectors now in play - Take note !!!

 

AsiaMedic is a different company with the entrance of the LuYe Group. You can google it to see for yourself the large portfolio of medical companies in its fold.

Last year Asiamedic made a paltry $670,000 profits. It wont stay like that with Luye involvement. This stock has less than 60% held by the top 20 shareholders. So there are lots of loose shares out there. I can see the new shareholder will try to acquire more of the outstanding shares using an unrelated third party, and then make an offer to raise its stake to 70% or more when sufficient shares have been collected by some friendly hands. And this offer, if made, will not be less than 18 cents.

I am collecting this stock on weakness. Hopefully, when the game plan is announced, the share price will continue its upward move.

dogbone1      ( Date: 04-Jun-2015 23:08) Posted: Medical Sectors now in play - Take note !!! 5genaral      ( Date: 04-Jun-2015 22:42) Posted: Is this similar to Q& M.. Opening more and more clinics?

 

Medical Sectors now in play - Take note !!!

5genaral      ( Date: 04-Jun-2015 22:42) Posted: Is this similar to Q& M.. Opening more and more clinics?

 

Is this similar to Q& M.. Opening more and more clinics?

 

is there any kind soul here who can enlighten me on this $0.180 deal. 

If someone is buying this much (28%) at $0.180, does that mean that the buyer will have to push the share price up to $0.180? 

how does this buying at $0.180 works and how will it affect the share price on the market?

 

 

GOT chance... Given med in play, given $0.180 deal... why not?

bteo88      ( Date: 04-Jun-2015 10:44) Posted: Bro u think can reach 0.139-0.14cts today? teeth53      ( Date: 04-Jun-2015 10:38) Posted: Asiamedic very hot....up .022c or +20%to touch $0.132 cents

 

Bro u think can reach 0.139-0.14cts today?

teeth53      ( Date: 04-Jun-2015 10:38) Posted: Asiamedic very hot....up .022c or +20%to touch $0.132 cents

 

sell now and buy back later?

 

Asiamedic very hot....up .022c or +20%to touch $0.132 cents

 

Up 0.019cts nw (17%).....

bteo88      ( Date: 04-Jun-2015 10:04) Posted: Moving fast ..... dogbone1      ( Date: 03-Jun-2015 20:36) Posted: I forsee more upside for Asiamedic

 

Moving fast .....

dogbone1      ( Date: 03-Jun-2015 20:36) Posted: I forsee more upside for Asiamedic teeth53      ( Date: 03-Jun-2015 19:08) Posted: Templeton Asset Mgt were once rejected price offer for AsiaPharm back then in 2008. Background News to why Luye is inrerest on -- listed AsiaPharm Group. Templeton fund mgr, which owns about 4% of AsiaPharm's, said offer from LuYe Pharmaceutical, a unit of Asia-focused buyout firm MBK Partners (MBK), substantially undervalues AsiaPharm's shares. LuYe Pharmaceutical offered S$0.725 per AsiaPharm share, about 14% above its closing price of S$0.635 on Jan 31, 2008 -- So that happened way back in 2008. Today such counter as in medical stock is cheap n ready for takeover.