Asia Medic -- what next?

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8 years 9 months ago #22240 by pine
Missed the boat when it was below 7 cents. Luye Medical now has control and begs the Q: What's the grand plan? Luye is a big fish listed in HK, why are they bothered with a smallish Catalist company?

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8 years 9 months ago #22246 by Mel
Replied by Mel on topic Asia Medic -- what next?
Asia Medic would be interesting if Cryoviva, its investment which is targeted at the cord blood bank business, takes off. I don't think it has and Asia Medic is still largely a 'normal' healthcare play:

www.nextinsight.net/index.php/story-arch...evenue-in-the-making
The following user(s) said Thank You: pine

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8 years 5 months ago #22598 by pine
Replied by pine on topic Asia Medic -- what next?
Take note> AsiaMedic (8.3 cents) up on strong volume. Why?

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8 years 3 months ago #22739 by pine
Replied by pine on topic Asia Medic -- what next?
Share placement @ 5.5 cents dilutes Luye big-time as Luye bought into AsiaMedic at 18 cents. Dilution is own doing as its 2 chosen directors are taking up placement, and the Ngiam brothers were introduced to the company by the new directors. Anyway, not my problem but it will be interesting to understand what Luye plans to do with AsiaMedic.

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8 years 3 months ago #22768 by Rich
Replied by Rich on topic Asia Medic -- what next?
Hmm.... this may be the stock to watch in 2016!
Luye should announce plans for AsiaMedic in due course and if they are big dreams, the stock will surely fly. I doubt Luye has no plans or small plans for Asiamedic.

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8 years 2 months ago #22788 by pine
Replied by pine on topic Asia Medic -- what next?
EGM coming up on 19 Jan @ Kent Ridge. Anyone going ? Pls share if you find out anything about Luye's intent.

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