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I think we will get an RNS soon of notification of results in which they mentioned specific date. If not no worries u will double your money in June.
Just relax and remember EAAS, they announce increasing of 300% revenue at 12p within a month went to 28p.
Good morning, does anyone know what date roughly in June we will be getting an update, kindest regards and enjoy your weekend.
Exactly I have mentioned that only 34% of free float were left for us. Great
So summery of some key points of Bion.
- 34% free float. Tick
- 310% increase in recent to around £17m v £12m mcap. Tick
- They are selling electricity to Malaysia and Indonesia
- Just last RNS they confirmed that they are on 4500 solar unite as of now .. diversified portfolio into solar
- Great waste clean energy. Tick
- Profitable as per last interm results. Tick
- They have announced expanding into UK. Office area manager was appointed last Q. Tick
- Lmcap only £12m v £100m of any similar green Energy company. Tick
- Debts ratio has been reduced from 85% to 30%. Tick
- Facilities with HSBC bank loan to withdraw at any time of around £10m. Tick. Obviously need some cash of expanding later on.
- All time high was 10p , we are buying 3-5p now , 100% profit is achievable.
- They are planning to expand to UK and Europe. Tick
Do some research and invest here.
The other key thing about Bion (as those in ITX will appreciate),the real free float here is only 34% (see discussion below) ,so when the company does start to get noticed the potential for a "squeeze" is high.
Andrew-personally think it should be at least 10p in short time after results-but that depends if anyone even notices!!!
Call me mad for selling before but I’m back in with 174791 shares, was going to go for double but this will do for now!
Thank you, anyone get any personal forecasts as to what they think the share price could go to? Obviously anything could happen but just a personal forecast. Many thanks
We don’t know as per company update in June. Lets say in 2 weeks time.
Do you know when in June the results are out?
No-not at a £12m market cap!! This is so under the radar.
expecting the results to be closer to £20million
Do you think that’s already factored into the current share price?
good luck Andrew , already in ITX and bought at the bottom so tend not to top up.
News in June here of results which we already know to be RM100 Million or £17 million
Good evening, I topped up my itx shares instead, I think it’s a safer bet. If you haven’t had a look take a look @ the company. It’s the most amazing company I’ve ever invested in. However I wish you all the very best of luck
Andrewukdealer why you sold your 166276 shares? Any reason. Just wait till june and double your profit
Wikipenny has added a channel for #BION this afternoon.
The server is ran by retail investors for retail investors.
https://discord.gg/qebJWcwG
BiON plc, an investment holding company, operates in the renewable energy sector in Malaysia. It is involved in the research and development activities; provision of professional engineering consultancy and process design services in the areas of industrial biotechnology, pollution control, and renewable energy; engineering, procurement, and construction of waste water treatment plants/systems; and development, commercialization, operation, and maintenance of biogas power plants. The company also supplies power to national grid.
Increase in turn over up 310% to year end RM100 Million , Results due in June ; BION's debt to equity ratio has reduced from 86% to 29.6% over the past 5 years.
Bion has only just tap the Palm industry , converting Waste Palm water to methane to electricity direct to the grid. Has backing of the government by legislation. Has started to add more Bio units and two new plants coming on stream within the next few weeks. Director has agreements to purchase shares up-to 50% and stated no more.Also has solar panels on over 50 buildings .
Investment wants to to involve fund managers to invest in more bio generators in Pam waste water with over 500 locations within the country in a separate company in which Bion to hold a stake and also service the assets.
At a Market price of £12.3 Million low entry to a green product and massive growth over 10 years.
Have invested 188k shares and would not buy more as i target company's undervalued and high prospects
reduction in exchange for shares
hamodeh82 to answer your question but this is 11 months out of date
Debt to equity ratio has reduced from 86% to 29.6% over the past 5 years
Debt stands at RM16.6 M
Assets RM74.9M
There was a ************** for loan but need to check if this happened after June 2020
Still researching so takes time
The total issued and outstanding number of shares is 431,719,765. There are no shares held in treasury.
The percentage of the issued share capital not held in public hands is 66.4%.
So imagine what could be sp price if the result is positive.
Shareholder Number of Ordinary Shares Percentage of Issued Ordinary Share Capital
K2M Ventures (1) 114,361,409 26.4
Syed Nazim bin Syed Faisal (2) 86,343,953 20.0
Serba Dinamik International Ltd (2) (3) 51,806,000 12.0
Serba Dinamik Group Berhad (2) (3) 34,537,581 8.0
MTDC 19,476,367 4.5
1 Mr. Habizan Rahman, Executive Director of BiON, is a Director of K2M Ventures and has agreed to purchase the shares of K2MV, completion of which is subject to certain conditions being finalised.
2 Serba Dinamik International and Serba Dinamik Group are both wholly-owned subsidiaries of Serba Dinamik Holdings Berhad and Tuan Syed Nazim, CEO and a Director of BiON, is an Executive Director of Serba Dinamik Holdings. Accordingly, these parties are considered a Concert Party under the City Code on Takeovers and Mergers.
3 Dato’ Karim, Non-executive Chairman of BiON, is the Managing Director, CEO and 21.7% shareholder in Serba Dinamik Holdings, of which Serba Dinamik International and Serba Dinamik Group are wholly-owned subsidiaries.
Last update: 22/2/2021
I highly value your input long term holder.
I invested here based on revenue 310% up which is no doubt is amazing and see good few bags on here. However, please if you have any idea of cash, how much seems they run out of cash. Also they mentioned HSBC drowning facility at any time.
They have mentioned that they not intend to dilute the share by placing.
So what is the cash position on here before i go big and pur more money on here?
Thank you
Thordon, thank you so much once again for the information, your knowledge and your input is truly appreciated. I’m currently up 160% on ITX. If I held nerve and kept my original holding purchased last March I’d be up 1000% but I’m still up which is great news.
Hopefully here’s another great company, I put off buying last week in this company but today I thought you know what I like what I see so I’ll give it a punt.
I only started investing last year again as lost a lot of money years ago. Hopefully 2nd time round I’ll have a bit more luck, I’ve got different goals this time, I really want to not only make a better life for myself but help others along the way.
I’ve always dreamed of helping underprivileged kids out and hopefully some of the companies I’m now invested in, including this one will at some stage allow me the opportunity.
Keep safe and thanks again and good luck.
Andrew glad you invested not going to be another ITX but does have strength in the long term , so bion mainly carried out service consutancy work this has changed and now what to become a player in the Green energy sector and by using dirty palm water which they convert to gas and then electricity. The product is free as the suppliers are now bound by government law on waste. Now for the reason why they joined aim , raise funds but what i understand is a desire not to dilute the share holding and the term from CEO was Fund Managers ( long term ).
So from the fund managers you raise funds and set a deal to sell or box in the funds from the generation sites , this accelerates the conversion of mills to power green energy.
Could be wrong but that's my take , which ever shows the company wants expansion.
Any way only just invested so more research and update , invested at 188k of shares so first day now in profit do not usually invest more as long term.
the Company expects to report revenue for full year 2020 of at least RM100m, representing growth of more than 310% over 2019. As noted above, these results remain subject to audit.
all buys today
hold for gold