No possibility of jumping up, unless Mon release pr assuring next QR would be a very good one due to COVID19 demands. There shouldn't even be an ESOS for grade F performance.
iMedic not so well received by market. Look at the sales breakdown analysis, just some remaining sales from previous contract to Russia. Nothing from Msia?? Home country also kenot sell ker....
this kind of stock normally have support. big players also dont want their stock to drop so much. seen this in many stock alrdy. qr result only trigger contra player to panic selling 1-2 day after but back up again after that.. i cl too early many times oso at othr stock before the price stable when panic selling happen due too qr.
As a total solution in the same deal, UCrest’s iMedic™, the leading online digital healthcare platform is also integrated to bundle with the BMC’s ventilators to allow patients to upload data from the ventilators to the Cloud for doctors to review from the distance.
In this deal, Key ASIC’s MCard™ is bundled and shipped with ventilators of BMC Medical so that the ventilators are the Internet of Medical Things (IoMT) and Wi-Fi ready to connect to the Internet. iMedic™ PatientAPP and PartnerAPP are also bundled with the ventilators so that doctors can manage the patients remotely, without having to come into close contact or face to face with the patients, reducing the risk of infection of the frontline healthcare workers. The PartnerAPP allows BMC Medical to manage and support its channel partners effectively in the shortest possible response time.
Bad QR is expected, but worsening results from last QR a bad surprise.
Now the only thing propping up the shares is the pending progress from US and China.
CEO managed to put up an impressive turnaround by signing a number of deals in late 2017 and delivered a strong year by 2018.
Company latest QR shows it is losing steam again, some deals have just been signed but CEO better do things fast. Investors won't have much patience because healthcare service is supposed to be doing good this year. Ucrest pre-COVID price 0.25.
I agreed that current pricing already up to bad qr expectation. With latest deal signed and q2 result. It may bring up company revenue. Monday will gap down and recovery. Topup
Almost everyone was expecting a big fall today, it held on.
Next QR is still far away, perhaps a new PR incoming? That Eg CEO should do more to protect share value now that the 2 Eg brothers own approx. 37% shares post ESOS.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stocenjim
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Posted by stocenjim > 2020-06-19 20:41 | Report Abuse
No possibility of jumping up, unless Mon release pr assuring next QR would be a very good one due to COVID19 demands. There shouldn't even be an ESOS for grade F performance.