sting79, William very likely had taken that into account before setting up and expanding Bio in China. We wouldn't know for sure why did he go down that path or what agreements he has with China. With China increasingly decoupling from the rest of world, there is a focus on self-sustainabiliy. We also see that in the chip-making industry.

Hopefully with the Chips Act in place, there's news about the acquisition. Otherwise it will be just another pipe dream and Keyasic will disappear into oblivion

Goodbye, Joe, he gotta go, me oh my oh...

Bio has become a regular Joe.

When is Ucrest going to announce MOU to produce monkeypox vaccine? Hahahaha

That's why the company announced the MGRC partnership before releasing the quarterly report. It was to give it a window dressing before reality sets in.

It's like the story about the boy who cried wolf. Now no one believes the boss anymore.

@Wallstreetrookie
Dead cat bouncing brother. Too many unfulfilled promises and ventures

Joe or no Joe. It's just an average Joe.

Anyway, looking at the bright side. Shanghai's Covid-19 situation is improving. Opening up businesses more will have a positive effect on Bio's new venture with Suzhou MS. Probably we will see something good coming soon

We might be the ones they goreng until really crispy

When you expect goreng, they might push it down. Cannot tell their game plan at this moment.

Sudah banyak kali kena burnt. Banyak orang kat tepi jalan tunggu action dulu baru masuk.

Hi whistleblower, are you a vigilante or an angel of light? I see you everywhere

GE 15 coming liao

I have this feeling something is brewing. Because no sane Investor would pay double the market price if it doesn't benefit him. Let's hope the brewing process brings out a flavourful aroma and taste. The price is the same even after making a loss. Hold tight

Thanks. But why? It defies all logic. Is there a big business venture coming up? Otherwise why would they pay a premium?

Anyone here care to explain why this happened?

1.) Why bought into a company that is losing money for two consecutive years?

2.) Why paid 30¢ when it is way above market price?

A penny for your thoughts.

Harapan is coming. Or false harapan? Ini kali lah!!!

Hisehatu, boss went live on FB with all his forecasts. rm9 is still within the range, it all depends on what HOPE analysis you are using...haha

Wooo hoooo! JovaneChua where are you? We need some entertainment here

What interests me is despite all the bad news ie a bad quarter and failed Sputnik V venture, the price didn't drop that much. It has been well supported. Let's see...

If you look at the revenue. It dropped quite a lot quarter-quarter. I wonder what is happening.

That explains why there was an increase in selling earlier. The big guns already knew

Hahaha, where's JovaneChua when when we need her

We need JovaneChua!!!! We need some entertainment although it is false hope

rich_bangla. Seiya pun pikir itu macam juga. Tapi seiya pikir seiya tak bleh jadi kaya

We have been spooked... it's spook...v

Yay! JovaneChua is back. She has reincarnated ;-)

Joke aside, Jovane does have a point. I started investing in Ucrest and Keyasic because of their prospects. The vaccine deal is just a like a booster shot.

The plans for expansion may take some time before coming to fruition. However, with the rollout of 5G and the new norm, they represent a paradigm shift in medical care. There will definitely be an increase in the use of AI

Spot on frankkoh. Exactly my thoughts. I wondered too how come this person knew about the price movement etc before the last financial report

Jovane is an interesting person. She made a lot of noise and all kinds of prediction. Then disappeared without a trace. I wonder what was the purpose of her appearance. Whether she is a harbinger of good things or calamity. We shall find out...

Is there a definite agreement? It looks like just an agreement to join force to develop the park. Have they been awarded a contract by the government. Details are very important. Announcing the LOI is also just an announcement without any substance at this moment

https://www.freemalaysiatoday.com/category/world/2022/03/13/russia-ukraine-give-brightest-assessment-of-progress-in-talks/

Gone... Jovane has abandoned ship

We need you around to keep our hopes alive and entertain us...hahaha

JovaneChua, are you going to leave us behind? I thought you promised to not run away.

Fly, robin fly
Fly, robin fly
Fly, robin fly
Up, up to the sky

Bumpy road,
Take me home,
To the place,
I belong...

Someone has to PUT Putin IN his place

But it is still going down...and counting down

https://amp.scmp.com/tech/policy/article/3169723/semiconductor-imports-china-shrink-first-time-two-years-value-jumps

Probably it's a signal of the beginning of something

I am a believer!!!

Jovane, we believe in you!!! Hahaha

Even if someone goreng, others will dump to make a quick profit. Everything will go back to square one. Unless there's really substantial news about the company that will sustain its uptrend. So trade cautiously

Sanctions are on RDIF etc. But vaccines should be exempted on humanitarian grounds.

Having said that, most investors don't look beyond the short term now because of conflict. That explains the volatility of its share price. Everyone wants to make a quick profit

Let's hope the Sputnik V payment issues are resolved. Many contract manufacturers are in a predicament due to this. At this moment Sputnik V is the catalyst. Imedic is only for the long run.

I invested in this stock before they made a deal with RDIF because it had good prospects in the imedic sector. But the problem is most investors now are looking at the Sputnik V deal because it is more lucrative in the short term. That's why the price keeps falling due to sanctions on cross border payments. However, there might be respite soon with payment settlements now possible through China's financial institution.

Sputnik aside, the imedic may take a longer time to flourish here. Teladoc is in a different playground. Even then they are still in the red.Ucrest will depend much on the implementation of 5 G infrastructure. We will see how this pans out.

A penny for your thoughts, for this penny stock