I believed Bioalpha is meet method 1, profit requirement to transfer from ACE to main board.
But I more hope is method 2 at least market capitalisation 500m. Based on right now share issue 500m / 801m share, share price must be around 0.63. hahaha.. this is impossible la…

5.02(a)(i) Profit requirements
The applicant (either at the corporation or group level) must have an uninterrupted profit of three to five full financial years based on audited financial statements prior to submission to the SC, with an aggregate after-tax profit of at least RM20 million and an after-tax profit for the most recent financial year of at least RM6 million. In fulfilling the profit requirements, contributions from associated companies must not exceed those of subsidiary companies.

5.02(a)(ii) Pro forma accounts
Where a listing of a corporation is sought based on the strength of its group, at least one corporation (which is the qualifying corporation) within the group must be able to fulfil the profit requirements. If no single corporation is able to fulfil the profit requirements, listing based on the strength of the group’s pro forma accounts may be considered provided that the corporations within the group which collectively fulfil the profit requirements

5.02(a)(iii) Operating history
The applicant or the qualifying corporation must have been incorporated and operating in the same core business over at least the profit track record period prior to submission to the SC. Where listing is sought based on the strength of group pro forma accounts, the corporation which is the single largest contributor to the after-tax profits of the group on an average basis for the most recent three full financial years, must satisfy the operating history requirements.

Transfer of Listing
A corporation which is listed on the ACE Market may seek a transfer of listing to the Main Market if it complies with any one of the following requirements:

(a) Profit requirements under sub-paragraph 5.02(a)(i). In fulfilling thisrequirement,–
(i) the applicant is not required to comply with the “uninterrupted”profit requirement; and
(ii) where an applicant seeks a transfer of listing to the Main Marketin conjunction with an acquisition of assets resulting in a significant change in the business direction or policy of the corporation, the assets must meet the pro forma and operating history requirements under sub-paragraphs 5.02(a)(ii) and (iii).

(b) Market capitalisation requirement under sub-paragraph 5.02(b)(i). In fulfilling this requirement, the daily market capitalisation (based on the daily volume-weighted average price) of the ordinary shares for the one-year period ending on the last business day of the calendar month immediately preceding the date of submission to the SC must be at least RM500 million; and

(c) Infrastructure project corporation test in subparagraph 5.02(c)(i).

The SC, in considering a transfer of listing proposal via the market capitalisation test, will take into account any past records of unusual market activities or other events which may have adversely affected the fair and orderly trading of the listed securities of the corporation, including any designation or trading restrictions imposed by Bursa Securities for the past one year prior to submission to the SC.

The applicant must comply with the healthy financial position requirements in paragraph 5.08.

one day up 0.005.. is good ady.. more than this consider as bonus..

where u all?? let come out to push this blog up

not bad leh.. is start moving..

moving today?? let us see together....

During IPO, William had mention about open pharmacy, business with Angkasa, sign MOU to explore UAE country market. First 2 mention is done. How about the UAE market, spending power there is strong. Is good to growth bioalpha business. But right now no news about this.

Dezhi thanks. Pls help to focus on the debtor stated more than 180days increase around RM5m. Risky part is here. Although they have mention the note that all debtor is have good pay back record. What business have credit term more than 180days. Cash flow how to turn around..

But I also hope can move up.. I holding 1000lot here, at price 0.267. This move can make me earn small angpow for travel.

Based on pass trend not easy to push up so fast. Unless some news annouch, like confirm move to main board.

But any how the future of bio is quite good.

General t. Receivable FY2015 RM19m Vs FY2016 RM29m. I not sure what the reason some credit term can more than 180 days. Just worry can any bad debt... Yes. Revenue is increase but that not all generate as cash with such high receivable, so we can see cash on hand is reduced. Liquidity is not so good.

For inventory wise, Finished goods increase RM3m, this maybe due to take over of constant that caused such finished goods increased.

Maybe need to know any specific reason. Hope somebody can help about this.

Why in market very hard to see bioalpha product? Other than constant, where we can get it?

May I know why the receivable is so high?

Show in second half??

up up up...

I keep for very long term.

maybe will have announchment soon

engine not yet start...

pnb also want take profit.. But is still holding biohldg share. Close to 8% right. That why William need clear out some ticket on hand to buy from pnb. The problem we dunno why they deal in such low price.

Should be OK. This transaction has been done in 18th.

I go in again 0.265

just worry about this few days market is so good, but bio totally cannot move.

not agreed with the statement. Bioalpha is better than hovid

https://blog.huskyintel.com/bioalpha-same-jab-and-dance


I was away in Korea when Bioalpha launched its franchise business e-Constant. The gist of what that is all about is in the comment below by CIMB.
I leave you this screenshot to see if Angkasa is a game changer or an overhyped space.
The knee jerk reaction to this 'exciting' business model, can be seen in the chart below. The crosshair date (4th) at the bottom, the price reaction immediately after (4 trading days of buying) and the pullback since then.
I have given coverage on Bioalpha many times, mostly with a negative bias against buying it. One of the reason being the tendency for its major shareholder to swing trade in the shares of the Company. I feel uncomfortable as an investor in this sort of situation. It happened again.
The 18.75m DBT trade on the 18th - I wonder which Fund sold out? Bioalpha did a couple of roadshows in Singapore last year.
The other reason is I am confused as to which is its primary focus market - is it China, Indonesia or Malaysia? I feel that that tended to change from quarter to quarter depending on how each market performed in terms of sales. Go through its past quarters segmental breakdown to understand what I mean.
Bioalpha's revenues and bottom lines have definitely improved YoY bringing with it some excitement about its prospects. Investors should however consider what is it about Bioalpha that they feel excited about. Is it Constant Pharmacies that they are buying or Bioalpha's manufacturing potential? If the former, the landscape remains very competitive. There are options such as Caring Pharmacies or Pharmaniaga albeit not strictly comparable. For manufacturing, maybe Hovid?

why need wait volume to reduce 3m per day?

Bangi branch is open.

high potential return

make it hot for this counter

WB is start queue back 0.035.. maybe will goreng soon

richman, the WB is better?

this week clear out so many weak holder....is good sign

hey guy... moving soon....

target for today I believed. TP 0.40

good morning guy, have u take some fish oil to support bioalpha product.. hahaha.. let wait and see any show for today.....but mostly Friday no much trading.

AT...A Gem in Automation Industry

AT, AT WA & AT WB...A brother of Pentamaster

Many familiar with Penta! Leader in industrial automation..price surge from 0.20 to almost 3...A little brother AT..also in this industry..http://www.atsys.com.my/
Why so great abt this industry? It is about industrial 4.0...All co looking to robot to takeover the job so that productivity can be increased with lower cost and higher output thus better profit. Many of the current job now simply not able to handle by blue colar worker... becos of high tech skill...So automatic is the only way to go...Why this can be done?.all becos of internet...All machine whatever so can be operating by a click/touch on the button even u r not on the premises. Do u see how huge the opportunity for those co involves in this industry? To survive in the future the only way is look for automation..even the govt nowadays also automate so many of their services via online...Then how about private co? No need to ask otherwise they r asking for trouble.
Ok..let look at AT...lately the corp exer manage to clean out the balance sheet and now it is a net cash company. Clearly c from the latest Q result, profit up by 200%+...Turnaround is on d way...
Let look at the TA side, px clear above 200mv and short term ema making golden cross breakout on 50ema...confirming that the stock has already bottom...and it is on beginning of uptrend..Any pullback will be a gd opportunity to enter. The breakout confirming that major wave 2 correction is over and is now on the major impulsive of wave 3 with tp at least previous high of 0.14...With current trading at 4.5-5c, the upside is about 200%+...0.14 is a target that can be easily hit in the current bull mkt.
AT WA also breakout from the long term downtrend. Same as AT, a minor pullback is a gd opportunity...

AT...A Gem in Automation Industry

AT, AT WA & AT WB...A brother of Pentamaster

Many familiar with Penta! Leader in industrial automation..price surge from 0.20 to almost 3...A little brother AT..also in this industry..http://www.atsys.com.my/
Why so great abt this industry? It is about industrial 4.0...All co looking to robot to takeover the job so that productivity can be increased with lower cost and higher output thus better profit. Many of the current job now simply not able to handle by blue colar worker... becos of high tech skill...So automatic is the only way to go...Why this can be done?.all becos of internet...All machine whatever so can be operating by a click/touch on the button even u r not on the premises. Do u see how huge the opportunity for those co involves in this industry? To survive in the future the only way is look for automation..even the govt nowadays also automate so many of their services via online...Then how about private co? No need to ask otherwise they r asking for trouble.
Ok..let look at AT...lately the corp exer manage to clean out the balance sheet and now it is a net cash company. Clearly c from the latest Q result, profit up by 200%+...Turnaround is on d way...
Let look at the TA side, px clear above 200mv and short term ema making golden cross breakout on 50ema...confirming that the stock has already bottom...and it is on beginning of uptrend..Any pullback will be a gd opportunity to enter. The breakout confirming that major wave 2 correction is over and is now on the major impulsive of wave 3 with tp at least previous high of 0.14...With current trading at 4.5-5c, the upside is about 200%+...0.14 is a target that can be easily hit in the current bull mkt.
AT WA also breakout from the long term downtrend. Same as AT, a minor pullback is a gd opportunity...

RUMOURS EXPOSED AT Systemization
Wednesday, 19 April 2017, 12:08 | Rumours Exposed 揭发谣言 |

By SEIZURE

Nothing much to work with on this hazy whisper.

The clue I believe lies with the pedigree and track record of the controlling shareholders of this Company. It may also be due to the fact the rights issue last year at 6 sen was heavily undersubscribed forcing the major holders to backstop the exercise. Although there was a half warrant per one share subscribed, at 4.5 sen currently, the results would be somewhat disappointing for these guys. Add on funding costs, perhaps that could be why the rumour has emerged.

Go check its AR and reporting on shareholding positions. You will find out who they are.

At this point, in terms of timing, it looks like a 50:50 on/off bet. Keep an eye on volume break. I hear it is worth taking a small position.

Stncws, can u share in detail. I can't see the link

Can some one share the full rumour.. I can't see in detail

This director very active in bioalpha share trading. Pls look at the history la... Very normal for him buy n sell.

赞成

不确定。

Just know the founder or MD background Hon William, he is qualified accountant. I always believed that the person as a accountant will lead the company become more success, in term of cost control, management and future grow.

they just change the financial year.

QR should be May, not Apr right.

no movement at all......

mostly will gap up after mention about listed at main board, but I will still decide to hold it for long term

just surprise the price totally cant move today. with such comment from director it should be at least have some show...