From beginning until today, William didn’t mention that Bioalpha have involve in COVID-19 vaccine. Only those person simply invest on Bioalpha based on unrealistic rumours. Invest without doing technical analysis cause the panic selling like just now.
I never trust paktua. Lied to my face in BTM counter last year. Whenever i see his name on my counter, i sell fast. But some say there is another news on this counter. Hopefully it is a good one. FYI, i created this account on i3 just to comment this.
I agree with you. No one should trust Paktua. Who is he? Just trust yourself. If you think you want to sell, just sell it. If you think you want to keep, just hold it. Is your own money. Trust yourself!!! Gambateh.
Where's Paktua tut tut??... When prices go up... he'll be coming chugging up with his pantuns... and nowhere to be found when it starts to dip... typical
skajflka I never trust paktua. Lied to my face in BTM counter last year. Whenever i see his name on my counter, i sell fast. But some say there is another news on this counter. Hopefully it is a good one. FYI, i created this account on i3 just to comment this. 02/12/2020 5:25 PM
This sell down is just price adjustment, after a sharp rise. Those who bought earlier were booking a handsome profit of more then 80% if not more. People taking profit, look at the volume traded. But there were also big volume buying at the bottom.. (look at hrsly chart and you will know) Sellers out weighed buyers. Bearish engulfing followed. Momentum indicators all going south.
Strong holders would hold till they capitulate Weak holders would sell on morning bell.
Price will goes south further untill it doesn't.
There are those who will sell on price prospect There are those who will buy on business prospect.
Wendy Wenn, yes. This is good news of course. Only those people never read and analyse the whole news are panic selling because they tassume Ritamix Global is a con company in Hong Kong. Additional, the news from Bursa is lack of information about the agreement between Bioalpha and Ritamix Global. The other word is “misleading” news for the small fish and panic investor.
Before the news from “The Edge Market”, all of us only manage to Ritamix Global is Hong Kong listed company with very low price in share which HKD0.6X/share. This is why small fish like us is very panic lo.... Worries Ritamix Global is a con company which cooperates with Bioalpha.
1) William said NMN product market expected is RM62 billion in future. 2) William said NMN product sell to Ritamix is expected 50% gross margin. Very good high margin. 3) University Teknologi Malaysia also involved in this research. 4) 5 years contract with Ritamix. Ritamix is selling NMN product in Southeast Asia region, China and Hong Kong. 5) First batch of order from Ritamix expected in 1st quarter 2021. 6) Sales projection from Ritamix in Malaysia expected RM16 to RM18 million in 2021. 7) In Hong Kong and China, Ritamix Global already have appointed agents for distribution and promotional activities. 8) Ritamix said first product Bioalpha produced for us is an immune system booster to strengthen the body against viral infections such as Covid-19. 9) Ritamix also mentioned The health supplement received great demand with pre-orders hitting HK$5 million, exceeding our initial target. We foresee the product to garner more interest post-launching with sales expected to reach HK$20 million in 2021.
Small fish like us, why we are worries with Bioalpha and Ritamix Global collaboration?
Wendy, this is not RM60 billion contract with Ritamix Global. William said future forecast for NMN product is RM62 billion. This is just a forecast. Anyway, this also consider good news.
China is either a big opportunity market, or it's just a con-money company.
Those were the days, when China-nese all pandai con-con games. Big giant public-listed also have their own con-con games. But will they do it to the extend to appreciate few cents and chao? Not that stupid right?
Stay invested lah, price weakness for BIOHOLding is attractive still.
Discount whatever happened today. The ciku shark was in action. Let them out first, dun worry, it will come back. They sell, u collect.
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....
sting79
760 posts
Posted by sting79 > 2020-12-02 17:21 | Report Abuse
Don't time the market lah. Be like Mr Ooi, invest for long term mah.
But ok lah, if everyone is like Mr Ooi, then market die liao.