Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Biocon
| |||||
BSE Announcements on Biocon
Posted by :
MMB MessengerTracked by: 0 Boarder
Biocon Ltd has informed BSE regarding a Press Release dated October 09, 2008 titled "NeoBiocon and Abraxis Bioscience launch Arbaxan in the UAE for treatment of Breast Cancer"....
NSE Announcements on Biocon
Posted by : MMB MessengerTracked by: 0 Boarder
Biocon Limited has informed the Exchange regarding a press release dated October 09, 2008 titled "NeoBiocon and Abraxis Bioscience Launch Abraxane in the UAE For Treatment of Breast Cancer". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
RS 40 cr forex loss
Posted by : GuestTracked by: 3 Boarders
Guys, Hold on for now. You will see upward movement from now on..
Dont question me..Just watch it.. when it comes to 180..please sell it and buy after seeing the result....
In reply to:
RS 40 cr forex loss
Posted by : Guest
you have given true picture of biocon.none of investors of biocon should expect anything expectaculer in short term.psgs your post bonus target 500 not achieved but iam sure that 140-130 target must get with in next few trading session 
RS 40 cr forex loss
Posted by : GuestTracked by: 3 Boarders
you have given true picture of biocon.none of investors of biocon should expect anything expectaculer in short term.psgs your post bonus target 500 not achieved but iam sure that 140-130 target must get with in next few trading session...
In reply to:
RS 40 cr forex loss
Posted by : psgs
i know. mark to mark losses actual are losses arising out of those forward contract which expire before the last day of the quarter. MTM provision will be made only on those open contracts which are existing/open on the last day of the quarter. thus, provision needs to be made using the closing currency rate on that day.
i feel biocon is headed towards 140-130 levels. its a good price for biocon as it is not delivering. management is very dull. how can any company sustain such high valuations.
they have sold thir enzymes business last year and now concentrating on bio-pharmaceuticals. they are spending this profit left & right in R&D. what is the use. these are all eye wash games. kiran`s ego and over-confidence. 50% of the R&D she is incurring is just waste and out of her own egoism. never trust this management.
even bonus issue was an eye wash. there was no enough reserves and future revenue and profit visibility till 2011 is very bad, but still bonus was given. but it did not help anyways. now at 320 (bonus adjusted rate) it has gone below its 52 week low price. i feel biocon is very week on charts and also fundamentally bad as the management is moving in the wrong path.
if there is no licensing income in q2 they will have to take severe hits on their forex forward contracts and also booked losses by now. its a very bad counter to be in now. may be if the management delivers something spectacular as they are expected to, then the stock would once again start flying. otherwise its better to be called as a forgotten biotech company of India. better to exit.
swamy.
RS 40 cr forex loss
Posted by : psgsTracked by: 3 Boarders
i know. mark to mark losses actual are losses arising out of those forward contract which expire before the last day of the quarter. MTM provision will be made only on those open contracts which are existing/open on the last day of the quarter. thus, provision needs to be made using the closing currency rate on that day.
i feel biocon is headed towards 140-130 levels. its a good price for biocon as it is not delivering. management is very dull. how can any company sustain such high valuations.
they have sold thir enzymes business last year and now concentrating on bio-pharmaceuticals. they are spending this profit left & right in R&D. what is the use. these are all eye wash games. kiran`s ego and over-confidence. 50% of the R&D she is incurring is just waste and out of her own egoism. never trust this management.
even bonus issue was an eye wash. there was no enough reserves and future revenue and profit visibility till 2011 is very bad, but still bonus was given. but it did not help anyways. now at 320 (bonus adjusted rate) it has gone below its 52 week low price. i feel biocon is very week on charts and also fundamentally bad as the management is moving in the wrong path.
if there is no licensing income in q2 they will have to take severe hits on their forex forward contracts and also booked losses by now. its a very bad counter to be in now. may be if the management delivers something spectacular as they are expected to, then the stock would once again start flying. otherwise its better to be called as a forgotten biotech company of India. better to exit.
swamy.
...
In reply to:
RS 40 cr forex loss
Posted by :
sanecouncel.
i do not know but my guruji is expert and he told me that in this 2nd quarter biocon will have to make provision for MTM forex loss anywhere between 32-40 crore inr but that will be a.....
RS 40 cr forex loss
Posted by : sanecouncel.Tracked by: 3 Boarders
i do not know but my guruji is expert and he told me that in this 2nd quarter biocon will have to make provision for MTM forex loss anywhere between 32-40 crore inr but that will be a........
In reply to:
RS 40 cr forex loss
Posted by : Guest
sane
(1) can you explain difference between mark to market loss (actual) and mark to market loss provision on account of forward cover on export revenues?
i think you are an expert of forex transactions???????
RS 40 cr forex loss
Posted by : GuestTracked by: 3 Boarders
sane
(1) can you explain difference between mark to market loss (actual) and mark to market loss provision on account of forward cover on export revenues?
i think you are an expert of forex transactions???????...
In reply to:
RS 40 cr forex loss
Posted by : sanecouncel.
biocon is going to have rs 40 cr mark to market forex loss in q2 fy09
Bonus shares in ICICIDirect
Posted by : GuestTracked by: 0 Boarder
even i didnt receive it, but does it matter , a non performing company, had we put the money in dishman :o(...
In reply to:
Bonus shares in ICICIDirect
Posted by :
sumong
Hi guys...did all get Biocon's bonus shares in their ICICIDirect A/C...pls let me knw...as I've not yet rcvd it...
RS 40 cr forex loss
Posted by : sanecouncel.Tracked by: 3 Boarders
biocon is going to have rs 40 cr mark to market forex loss in q2 fy09
...
Biocon to Soar from Monday
Posted by : sanecouncel.Tracked by: 0 Boarder
what about fundamental, biocon is loosing rs 40 cr as forex loss????/...
In reply to:
Biocon to Soar from Monday
Posted by : Guest
Biocon to soar upto Rs 245 continously as it has formed the triple touch fulcrum as per technical analysis.
Bonus shares in ICICIDirect
Posted by : sumongTracked by: 0 Boarder
Hi guys...did all get Biocon's bonus shares in their ICICIDirect A/C...pls let me knw...as I've not yet rcvd it......
Biocon to Soar from Monday
Posted by : GuestTracked by: 0 Boarder
Biocon to soar upto Rs 245 continously as it has formed the triple touch fulcrum as per technical analysis....
Sell Biocon @ 195
Posted by : sanecouncel.Tracked by: 0 Boarder
hi psgs bhai, last 5 minues , maja aaya...111000 plus o/s in fo was the reason...
In reply to:
Sell Biocon @ 195
Posted by : psgs
hi sane,
what is your ST target for biocon now?
swamy.
Sell Biocon @ 195
Posted by : sanecouncel.Tracked by: 0 Boarder
3.26 pm LT. yes i got bonus shares on monday itself....
In reply to:
Sell Biocon @ 195
Posted by : sanecouncel.
hi psgs , i only buy during panic selling never in slow and slow slow going down, like ranbaxy sink today though news is bad there .
so wait for panic selling if any , in bear market you will never miss bus, bus will come to your doorstep, you just need some patience
Sell Biocon @ 195
Posted by : sanecouncel.Tracked by: 0 Boarder
hi psgs , i only buy during panic selling never in slow and slow slow going down, like ranbaxy sink today though news is bad there .
so wait for panic selling if any , in bear market you will never miss bus, bus will come to your doorstep, you just need some patience...
In reply to:
Sell Biocon @ 195
Posted by : psgs
yes sane bhai,
u are right. its good to hold cash and wait for the dream prices. many counters have already touched those dream prices. but its tempting to enter now. but very scary at the same time. so one has to buy in regular intervals i feel. if u miss the bus finally after waiting for so many months whats is the point. so better start buying at current levels in instalments dear. i want to buy some shares now.
well....what about the bonus shares yaar. is it credited to your account or what? when did the bonus shares got credited to your account.
please reply back with details.
thanks,
swamy.
3 queries on Biocon
see moreMore from the Pharmaceuticals Sector
Boarders tracking Biocon
see more News Updates on Biocon
