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RBY - Rockeby Biomed

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Fab said:
I am just getting excited about it. Not finish so as the Chinese venture announcement is due in December
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Fab, it might be an idea to post a little less often when discussing intraday price action and include more content in each post. I understand you are excited but constant updates are not necessary and is something that is more suited to the ASF chat room rather than stock threads.

Thanks!
 
Ok fair enough. I believe today was a special day for RBY . Where is the ASF chat room ? Regarding posting some content I believe my first email of the day was quiet comprehensive in explaining why I believe in RBY
 
RBY has been placed in trading halt yesterday after end of trading pending an annoucement. I am anticipating another positive annoucement as yesterday the CEO of RBY topped up his owning
 
Fab said:
RBY has been placed in trading halt yesterday after end of trading pending an annoucement. I am anticipating another positive annoucement as yesterday the CEO of RBY topped up his owning
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Fab
You may well be on a good short term play.
Just remember that Dr Tan only paid 0.66cents per share while everyone else paid 4 times that amount - he can sell at 1 cent and still make a 50% profit.
 
Rederob,

I guess my point was that he bought the shares before the annoucement and as far as know he has not sold any of his shares yet therefore he must believe that this company (his) will go up much higher.
 
Fab said:
Rederob,

I guess my point was that he bought the shares before the annoucement and as far as know he has not sold any of his shares yet therefore he must believe that this company (his) will go up much higher.
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Maybe
You will also find directors of LUM buying in a similar way.
Each stock is similarly as exciting.
 

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I don't know LUM so I can not comment on it. Anyway it is good to see that you are not seeing RBY in a complete negative way anymore even though you mentioned it is only for the short term.
I think this one could be a winner even in the to mid term depending on how big their order become and how they go with the china deal.
I will hold it for a while anyway. Let's see first why they went into trading halt.
Rederob , Do you hold RBY ?
 
tech/a,

These type of spikes are not uncommon with RBY. I believe that if they sign a deal with China or a big deal with Indonesia this will bring a lot of interest to this stock and make it more liquid nevertheless the other issue is biotech is not really the buzz word at the moment so maybe we will need also an interest switch to biotech stock (which could happen if commodity price goes down for a whille) in order to push this share price up in the mid to long term
 
I forgot another reason that I think this stock should do well at least for the short term is that they recently went to the market to raise some working capital therefore this tells me that they did not have much cash left and they need as a matter of urgency to show some great results which they appears to be dooing right now
 
Could also be that they dont have enough working capital,and thats not a good sign.
If you want to see this in action have a look at the stupidity involved in those trading MUL.

Capital raising every 6 mths,new BIG announcement any minute!!!

There is one of the biggest threads on ASF on MUL in the archives---DEAD. Stock is now NWT

At the time it was around 2c now its .006 cents.

People hear and interpret what they want to hear unfortunately.

https://www.aussiestockforums.com/forums/showthread.php?p=77971&highlight=MUL#post77971
 

Actually that is a good point, I was thinking that about the capital raising so I believe it is highly unlikely. Hopefully it is a new order or more likely a joint venture.
 
Fab - your 'deal with china' has become a reality !! nice call.
Market will be interesting tomorrow & I have a strange feeling you could be grinning like a cheshire cat tomorrow night - well done!!

http://www.sias.org.sg/sites/sias.o...nship with Leading Chinese Company_201106.pdf

Short story : RBY to purchase 40% of ANHEAL labs in Beijing, who in turn will distribute RBY's bird-flu tests throughout china.


Good luck all holding - wish I was one of you!!
 

Thanks Dukey,

I have been following this share for over a year now and it was actually brought to my attention by "Stop the Clock" in another forum. I did my research on this stock as I grew liking it more and more because of reasons I have explain in my previous post. I am currently reading their annoucement but one thing that caught my attention is that when their bird flu quick test is approved by the chinese ministry of agriculture they will have a 3 years MONOPOLY in china before anyone else can enter. This must be worth a lot of money. In my opinion this stock has suddenly become more of a mid term play rather than a day trading one where you would buy and wait for the next spike and sell.
 
Fab.

Tend to agree. But for me I'll be trading the spike and letting profit run on any short term weakness and or re entering positions on strength ie new highs.
 
tech/a said:
Fab.

Tend to agree. But for me I'll be trading the spike and letting profit run on any short term weakness and or re entering positions on strength ie new highs.
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Each to his own. I am sure it will be a good play for that as well as there will be some hurdles along the away, one of them being how they will finance their new chinese factory. Expect some more capital raising soon. The good thing I guess is that they are on the right track with a lot of growth potential not only from Indonesia orders but also from China. What else would you want.
 
tech/a said:
$1 a share would be nice!!
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Vey nice indeed. There is still a long way to go so. It will be interesting to see how it opens today to get an idea of how fast it can get their as you would expect this type of annoucement to put a rocket under the share price
 
That type of annoucement won't harm RBY either:

US boosts bird flu vaccine stocks
From correspondents in Washington
November 21, 2006
THE US announced today nearly $US200 million ($A260 million) in deals to boost strategic stocks of bird flu vaccine to be used at the onset of an influenza pandemic.

The US Department of Health and Human Services awarded three contracts to major drug companies to produce 5.3 million, 90-microgram doses of vaccine designed to protect against the H5N1 influenza virus strain.

The deals included a $US117.9 million ($A153.6 million) contract with Sanofi Pasteur for 3.7 million doses; a $US40.95 million ($A53.3 million) contract to Novartis for 800,000 doses and a $US40.6 million ($A52.9 million) deal with GlaxoSmithKline for 800,000 doses.

At two apiece, the doses would be enough to vaccinate 2.7 million people at the outbreak of a flue pandemic.

"Having a stockpile of influenza vaccine that may offer protection against the H5N1 virus is an important part of our pandemic influenza preparedness plan," Health Secretary Mike Leavitt said.

"These contracts are a continuation of our aggressive multi-pronged approach to a potentially critical public health challenge."

The US is looking to build up enough supplies of a vaccine against the H5N1 avian influenza strain to immunise a 20 million-strong workforce at the threat of a widespread outbreak. It already has on hand 5.9 million doses.

The H5N1 virus erupted in poultry flocks in Asia in 2003 and has since killed more than 150 people worldwide.

Scientists fear the virus could mutate so that it could pass from human to human and trigger a deadly pandemic.
 
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