Home > Uncategorized > Oh yeah oh yeah Biosensors

Oh yeah oh yeah Biosensors

Take a look at this counter and you’ll be shocked!!!!

2010Sep-Biosensors-marubozu

This is crazy

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Categories: Uncategorized
  1. Cyngal
    September 19, 2010 at 12:43 pm

    Hi,

    Any reason why the sudden surge?? Will it go up further?

    • September 19, 2010 at 3:43 pm

      Nomura Singapore sees catalyst for re-rating of BIOSENSORS

      Analysts: Jit Soon Lim & Yuan Yiu Tsai

      According to Bloomberg, Microport Scientific, the leader in the Chinese drug-eluting stent market,
      is raising about US$150mn via a Hong Kong IPO this month (Bloomberg, 1 Sep 2010).

      If Weigao’s current valuation of 35x FY11 P/E is any guide for Microport’s, we believe a successful IPO by Microport could be a re-rating catalyst for Biosensors, which owns 50% of JWMS – the last remaining private stent maker in China with a significant market share. Reiterate BUY — we’ll provide further industry analysis on Microport’s prospectus pending its release.

      I don’t think it’s a wise choice to chase after the price. Unless you know how much you’r going to risk

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