Almost HALF A BILLION DOLLARS IN NET LOSSES AS OF April 30, 2020.
To date, we have not been profitable and our accumulated net loss available to shareholders was $440,389,785 at April 30, 2020. Our losses have resulted principally from costs incurred in research and development, including clinical trials, and from general and administrative costs associated with our operations.
Neoh's book, not sure if it is still available, is a good read. Those days, traders dont have software help charts. They do a lot of homework. Read and read and buy. Now, it is easier. To find out anything, just google. In this case, people jump on the bandwagon or any topic to try make a wild guess and some got burn, some singed, and some untouched and made profits. Way I see it, just do the homework. Google down the company, and the subject of interest. If you dont become a good investor and make money, at least you wil be rich with knowledge than can be used in the future. In Bintai's case - just read what Bintai is doing, what it will do and with whom. In this case, Generex. Then read up what is Generex, what it is doing and what is the outcome. Then look for confirmation in people's confidence in what it is doing - ie. reflected in its stock price. If it is on the right track, investors - or venture capitalists - will move in even before you an I hear of rumour. So look for these investors by monitoring the releases and stock price. It will give you more confidence - or not - to put your money where you think will be profitable.
Why is hard for newbies retailer to understand which are genuine vaccine counter and which are fake vaccine counter.
Government keep repeating only Pharmaniaga and Duopharma.
Dont try to outsmart stock market and think you more clever than the stock market. If you dont follow the right path many will get burn hard because you will easily fall into the Syndicate Link trap. This syndicate are design to eat all the newbies retailer money in time of covid.
Every year same story keep happen and happen again.
Think logic why on earth a construction company have to do with vaccine. Why a bus company got to do with glove, why a tech company suddenly become glove wannabe. It is insane right. Then when it is insane it is truly a scam story.
Watch Wolf of a Wall Street movie to see syndicate pattern.
menort, at first Govt stated Dpharma and Pharma will be appointed since they are GLCs. Then later Govt stated these 2 will not necessarily be the only ones, that others are being considered
Dpharma and Pharma have both made no concrete announcements whatsoever related to vaccine other than those that stated they have NOT been officially appointed
Both Bintai and Solution, however, have made announcements stating either MOUs signed as well as *agreements* signed with 2 vaccine contenders
We can, of course, make our own judgements. I do offer buy/sell suggestions, only facts
If you read all news and official announcements, it may be safe to assume that when either/both Bintai and Solution get the vaccine from their principals they outsource logistics/distribution (I remember Solution specifically mentioned this in their most recent announcement... can’t really remember re Bintai). That may be when Dpharma and Pharma come in as partners to either/both Bintai and/or Solution. Just mho
DATUK SHARIFAH KADNARIAH BINTI SYED AHMAD 11-Sep-2020 Disposed 20,000 0.460 View Detail MR YEN YEW WING @ YEN YEW MING 08-Sep-2020 Disposed 150,000 0.540 View Detail MR YEN YEW WING @ YEN YEW MING 07-Sep-2020 Disposed 100,000 0.590 View Detail DATUK SHARIFAH KADNARIAH BINTI SYED AHMAD 12-Mar-2020 Disposed 50,000 - View Detail DATUK SHARIFAH KADNARIAH BINTI SYED AHMAD 15-Jan-2020 Disposed 50,000 - View Detail SHARIFAH KADNARIAH BINTI SYED AHMAD 31-Dec-2019 Disposed 54,800 - View Detail DATUK SHARIFAH KADNARIAH BINTI SYED AHMAD 23-Dec-2019 Disposed 660,800 0.005
why not post out the news 1 year ago? no any better idea to spread the negativity to the ground? poor thing.. missed the chance to buy at low price? come on, now still low, still can go in. hahahaha
Hello @allin nvr mind, tomorrow still got time to buy lower XD. Bintai only spikes large on news. And vaccine news for now is still tunggu dan tengok. Congrats if u feel 0.715 is cheap. Hopefully besok it flies, if not, reassess ur position
we all here want to make money and hope the best happen to this stock so ofcz I'm confident with what I purchase, so I will fully support on this. Well, but I dont know what the reason for someone who want to spread the negative to this stock? if anyone dont look good on this, you may leave and go somewhere to show your support there.. we dont need you here to be god or what to save us, even we lose on this, is our money not yours, so what make you worry on our money so much? lol..
Profit taking by company directors is very very common. Main thing to consider are those directors shareholding percentages and whether they are *Executive* Directors. I am never concerned if/when director with small shareholding percentage sell. It’s profit taking, they don’t care much since they hold very little influence. Probably can say the same about retailers like many here haha
I’m thankfully still very ok. Tmrw crucial tho since it’ll be Friday and we all know what Fridays are like :) All the best
* PS. Good entrepreneurs take advantage of specific situations or if opportunities arise. Doesn’t matter whether their core business has always been tech, property, sewerage etc etc. It always comes down to their networking and relationships. Look at Kanger; Chinese owners, bamboo real estate in China (they basically own no substantial real estate in MY) and went into Covid biz... why? :)
Yes, what I meant is that EDs earn a salary. So they are ok earning a salary, right? Study their shareholding percentage tho. Look at major shareholders whether holding, buying or selling
There is a difference between investing on facts and gambling on rumours. If facts are presented, it doesn't meant people are spreading negative news. If people are spreading negative news, then dissect it and see if there is any shred of evidence. Investing hard earned money is not done on beliefs and assumptions. It needs concrete evidence of profitability. As a former, I think rather than brush off this and that (except when people rattle off nonsense unrelated to this), why not everyone start digging up facts on this company? And its venture-company, Generex? Two things will at least happen - one, people will not just pump and dump because we are collectively smarter. Two - the owners of the company will dare not fool around and be made accountable for the claims and rumours about the company - who knows, they may engage in better investor relations.
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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....
bojed
5,064 posts
Posted by bojed > 2020-09-24 09:01 | Report Abuse
Double top?