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21-11-2013, 11:14 AM
#3531
Member
Originally Posted by simla
I'm coming around to your point of view a little, Moosie. On the other hand, the ODT article just said that a company twice the size of Fonterra were pretty happy to launch Blis into China (or that's what it appeared to say, anyway.) Can't be all bad!
Don't worry about our friend Moosie, lots of noise, not always right but fun to have around
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21-11-2013, 11:14 AM
#3532
Member
I think another interesting point is the relationship they have built (William McQui in particular), it has taken over 2 years to build this relationship. I think it's quite an impressive facet for them to really get infront of an organisation like Sinopharm and potentially have their support in China. That can only help them with further growth strategies into other countries possibly?
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21-11-2013, 11:15 AM
#3533
Member
Originally Posted by moosie_900
All I can say is they better have some spectaculat news to follow through on the SP rise...
As Simla said, it seems to be all good news right now. We're not expecting stellar sales for this next announcement - most of us just hoping for good news on profitability in the next 12-24 months, and signs that revenues are increasing and markets opening up. For me, the new investors and China potential are massive.
This stock has been priced as a 'failure' for so long, any signs of life will re-rate it. I think the ODT likes to label Blis as a "struggling biotechnology company" and remind readers of its compounded losses over the years. I note that today's article is missing those comments - maybe a sign that even the nay-sayers are starting to see the potential a successful relationship with Sinopharm could bring!
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21-11-2013, 11:25 AM
#3534
.......I hadnt realized Sinopharm was so huge ($40 billion/year revenue!!).........this is really starting to sound positive now....things falling into place nicely (and not before time). Im more confident now in commercial success than Ive ever been........it may even happen within the next 12mnts??
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21-11-2013, 11:25 AM
#3535
Originally Posted by aquaman
This may be a bit left field... but does anyone know if Sinopharm is in the habit of purchasing businesses or do they just focus on purchasing product for their distrubution.
See the previous post on SSHs. There's a few large shareholders to get through to go there. Not to say impossible, but the place looks farily secure to me.
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21-11-2013, 11:28 AM
#3536
Member
Danzx, did you sell at 2.3?
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21-11-2013, 11:38 AM
#3537
Originally Posted by Nigel
I note that today's article is missing those comments
Interesting that this 29 October announcement from Blis had a media contact, for the first time as I recall it, suggesting Blis may be doing PR permanently now? https://nzx.com/companies/BLT/announcements/242953
This flurry of publicity could be the result of that. Several points then: Did Blis go down that road because they saw the need due to ongoing success? Or did they just think more publicity would help given the ongoing share price? Etc.
Either way, if we are to see ongoing PR coming out of the company, then that alone is a new permanent factor to consider.
Also, if the previous ODT article was actually an interview mentioning "profitable" in 2015 year, http://www.stuff.co.nz/business/indu...ill-March-2015 then that would be more than nothing, as the company reported a net loss of 1.8m for 2013. So, will the next report substantiate that, either by repeating the expectation, or giving expected figures? Or maybe it only meant operational profit, not net profit?
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21-11-2013, 11:42 AM
#3538
Member
Originally Posted by Nigel
Danzx, did you sell at 2.3?
Nope got greddy and sold at 2.5... Kept moving the bar
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21-11-2013, 11:42 AM
#3539
I think there's a risk that all the punters piling in to BLT at the moment might be disappointed when the half-year announcement is published. There wont be a profit for the last period - or for FY14.
Their willingness to hang on to their shares and sustain the SP will hinge around the commentary about commercialisation in general, the market in China in particular, and whether there is any guidance about the anticipation of a maiden profit. If all those stars are aligned then the possibility of a modest further gain in the SP is entirely possible.
Meantime it's hit 2.5 and I'm up 81.3% - happy holder!
"Don't be afraid to take a big step if one is indicated. You can't cross a chasm in two small jumps." David Lloyd George
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21-11-2013, 11:45 AM
#3540
Good point, Pierre. On the other hand, if they do predict profit for FY 2015 (if!) then that starts in 19 weeks from now. It's not a lifetime. Depends if they do announce that!
"profitable in the financial year to March 31, 2015." http://www.stuff.co.nz/business/indu...ill-March-2015
Last edited by simla; 21-11-2013 at 11:47 AM.
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