Australian (ASX) Stock Market Forum

RBY - Rockeby Biomed

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Fab said:
Good one Rederob but a deal in China would be worth in my opinion much much more than 3 cents. They are saying in this annual report that by end of the year we should know. Not long to wait for then.
In the short term I am curious if the new share that will be issued on monday will mean that the share price will go down or just that the daily transaction will have more volume. Have you got any opinion on this.

By the way do you know where to send the proxy for the AGM
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Fab
Send your proxy to me - trust me!
As for the "test kits", be aware that RBY is a very very small player in the bird flu test arena: Here's just one example: http://www.goldencenturyinc.com/products/laboratory/tests_avianflu.html
China itself has numerous, well established, large and reputable suppliers of bird flu test kits already, making RBY's entry a hefty challenge.
As for new share issues, they were at 1.5cents from memory and simply dilute the shareholder base, decreasing value.
 
Be very careful Fab, as rederob is riding up your backside, just waiting for you to slip up and it will be on for young and old.

By the way he thinks you are a ramper, so you better pick up some knowledge and fast:p:

Get all the facts, figures, data, charts and analise them this way, that way, dance around and sing for joy.

He has plenty of bees in his bonnet and is ready to let loose on you, me, RBY, or LVL...just a matter of time my friend.

I see he has been riding your tail, and hard the last few weeks...appears there is plenty more to come.

Don't say I didn't warn you :eek:
 
...on a side note I also don't think it would matter if you analised RBY to high hell and back, while the cow jumped over the moon, rederob would eventually find something negative to rain fu_ck_ets (sorry I meant to say buckets) on your parade...good luck to you mate...you are going to need plenty of it while you discuss RBY on this board
 
Fab
It is very unusual to receive voting slips for AGMs without return addresses or, for that matter, reply paid envelopes.
I sometimes don't bother voting as first, it just increases the admin overheads for no good reason, and secondly the larger shareholders "roll" the small ones every time.
This is especially the case when directors are very large shareholders.
However, your discovery of the "return address" is a remarkable achievement and I am sure a lesson that krisbarry could find useful.
From my observations, between you and krisbarry, we have the ingredients for a stock market comedy duo that could rival John Clarke and Brian Dawe.
Keep up the good work.
 
Rederob,

I am obviously not the only one who believes in RBY as by your own admission you have received their annual reports therefore I assume that you have some of their shares.

Thanks Stop the clock for your warning.
 
Fab said:
Rederob,

I am obviously not the only one who believes in RBY as by your own admission you have received their annual reports therefore I assume that you have some of their shares.
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Anyone can read anual reports "online".
I read several hundred annual reports every year.
 
Fab said:
What is the chart trend analysis on RBY now that it has gone through the 0.03 cents mark :)
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Fab, heres the chart. This could be a bearish flag pattern, or it could be settling into a channel trend. Either way its failed its tests through resistance and then had some selling down. Be careful it doesn't cross that 200 ma. If it drops it could fill in the little gap it created. Have you a stop in place?

Only my humble opinion...any other care to analyse this?

Good luck with it Fab,

Cheers,
 

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They are some strong buying orders pre-opening at the moment maybe linked to people having received their shares after the share placing. :) :)
 
Stop_the_clock said:
I reckon its just support (or props), nothing more, nothing less
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Hmmm
Fell through support.
Fab and STC deserve a medal for valour.
Certainly could not offer it for ability to divine the market.
 

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Rederob,

Indeed you need to be courageous to ride this one but it moves by wave from previous experience and if you wait until the next wave which normally does not take that long and can be in a form of a good announcement you can make really good money on it (look at the chart).
December should be good as from previous update they said that they should announce a joint venture in China at least they are seriously working on it
 
Great announcement this morning some more orders came through from Indonesia and Romania . The market for Bird flu quick test is expected to grow to $1 billion dollars. A lot of margin for RBY there to grab a large part of the market :)
 
Nice to see RBY win another contract...

Better be careful as Rederob will be after you now as he has finished with me
 
Stop the clock,

As you mentioned before he chased me for a while. Different opinion is not a bad thing so and I guess that is what I am after when I post my view on things.
I have always believed that RBY was a very risky share but from their chart they seems to move by spike based on annoucement and this happens few times years therefore if you wait for that spike you can make good money also I like the fact that their share price is still very cheap and that they are already selling several products including bird flu and HIV quick test.
With regards to the bird flu test they appear to have some business going with the country experiencing the largest bird flu outbreak which tells me that they are doing somehting right. I also like their recent annoucement mentioning that they were looking at a joint venture in China.
On the down size they are not very cash up and had to raise to money recently but I think the positive outwight the negative for this stock .
As I said it is a very risky stock but then they are the one that you make the most money on when they jump. Hopefully it will go past 0.30 today as it looks like there is a bit of resistance around this price. :)
I also like the fact that no one is supporting this stock which was probably the same when PDN started going up from the 1c mark. It is often like that at the biginning no one believes in it and then realize then made a mistake :)
 
I am just getting excited about it. Not finish so as the Chinese venture announcement is due in December :)
 

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