Starpharm - A turnaround pharma stock

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10 years 8 months ago #15011 by gangho

chinsoonyuen wrote: I dun think he is in today, look at the volume soooo low.

Look at mirach volume

If the volume is as high as miach, price will be $1 as starpharm has only 234m issued share and it has not been diluted at all [unlike other s-chips] since its listing in 2006. I gave up queuing at 4.5c and will wait for 2Q rpt before deciding to buy at this level or higher.

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10 years 8 months ago #15013 by chinsoonyuen
u r right. starpharm still 5c share. onli ikan bilis is buying.

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10 years 8 months ago #15014 by chinsoonyuen
I mean bobby is not ikan bilis

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10 years 8 months ago #15040 by Oceangrace
Gang n Newbiestock any idea how far can this STAR go? Thinking of accumulating a little. The current price is still ok to enter?

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10 years 8 months ago - 10 years 8 months ago #15043 by gangho

Oceangrace wrote: Gang n Newbiestock any idea how far can this STAR go? Thinking of accumulating a little. The current price is still ok to enter?

Oceangrace, it is difficuult to predict price for starpharm due to its relatively small issued size. The share can be easily cornered and pushed up by many people with just a few millin S$.

On business, I do think starpharm has turned around with many good drugs to be launched over next few years. 2Q result should be strong as it's flu drugs shd do well due to fear of H7N9 in china earlier.
Last edit: 10 years 8 months ago by gangho.

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10 years 8 months ago #15044 by Oceangrace
Ok thanks Gangho :) will monitor it for a while.

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