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Started: Warrenbuffetftse, 2 Jun 2023 10:25
Last post: Warrenbuffetftse, 2 Jun 2023 10:25
Has this been re listed?
Started: Chancer101, 31 Jan 2023 07:26
Last post: JDentist, 18 Apr 2023 13:44
Two days to save it all! Oh well!
Writing on the wall already. Bion done and dusted.
Now in April. Need to announce acquisition by 20th or we're delisted.
No response for emails, dead in the water i'm afraid!
Got to agree Pedro.
No sign of anything else so they probably aren't even really looking at it.
Ha oooops. Maybe those that sold at the 0.07p were the wise ones.
400% spread..!
Just been quoted 0.07p to sell on AJBell, no ta, so into the bottom drawer it goes. GLA
Sitting on a 90% loss so will let it ride. Fingers crossed.
Well it appears we are back in business. Not necessarily today but I do expect some false information and rumours over the coming months. Just pump and dumps for traders I would guess. Just interested to sit back and see how this plays out now. Anyone have any thoughts? What I have suggested is only my guess. And would be nice to see actual news of what acquisition they look at.
GLA we will probably need it
"Given the annual report is now published, trading in the Company's ordinary shares will resume as from 7.30am today, 12 October 2022."
Will it all be sell sell sell I wonder
Started: Waccamacca, 2 May 2022 11:40
Last post: Thordon, 30 Jun 2022 22:31
sold this morning , lost 9/10 of value
Put it all in Imm which could get back investment ; High risk but nothing to lose.
Some you win but in this case worst ever
What an absolute $hit show
Suspension imminent?
I know this is a bit of a “how long is a piece of string” question but what is our possible outcomes in this. The company was evidently badly run and unknown to us but with the whole green set up being massive now and from what I believe(uneducated opinion) the whole structure is still there,how do any of you see this playing out. I know if there is a recovery it will be very slow but is it possible or am I barking up the wrong palm tree? Or is this just a process in business to officially collapse the company,anyone any idea's?
Good luck anyway whatever happens
Started: Chancer101, 19 Apr 2022 17:55
Last post: pedrolancaster, 21 Apr 2022 10:26
Well I had given up looking at this and given up hope. Fingers crossed for a RTO.
you may have sold too early... there are a few buys today at 0.48 lol.. there might be some life in the old dog at some point
Painful to sell at 0.3, but better to have a 10% return than £0
0.298 to sell on a 90% spread.. not exactly encouraging lol
But your right... it still has a heartbeat for now... clinging for life.. just glad to see it back trading.. didnt think that was going to happen frankly..
It certainly isn’t great but I’m just glad that it’s still alive……at the moment
Started: Waccamacca, 31 Mar 2022 09:44
Last post: Thordon, 7 Apr 2022 21:07
Thanks
£10k invested ; hoping that have enough for fish and chips after relisting.
Still want full details of what happened
Hopefully they will find special new friends in prison.
Annoying that a green company trying to do what appeared to be the right thing ruined by the greed of a select few on the board
Last post: Monteacute, 31 Mar 2022 08:27
Wacca. Typo….apols.
No such luck Wicca. ATB
Its been 1 year now waiting for 2020 full year accounts and we have also 2021 accounts still to go
I’ll take the third option please Lol
Hopefully this will be the week for news. Somethings got to happen soon. Go bust, refinance, or takeover.
Started: Waccamacca, 13 Feb 2022 00:13
Last post: roppyus, 9 Mar 2022 13:50
Tried emailing Bion and their named representatives. No one has replied. Can't find anything in the press in Malaysia on them in the last six months. Given the industry they should be coining it in!
Think i'm gonna just put it down as a loss.... anything else will be a surprise
Think a few weeks was incorrect , a few years
BiON (AIM: BION), an environmental engineering, wastewater treatment and renewable energy solutions company, gives notice that it will not be in a position to publish the Company's interim results for the six months ended 30 June 2021 by 31 October 2021. This is due to the ongoing audit process for the Company's annual report and accounts for the year ended 31 December 2020, as announced on 27 September 2021. The Company expects the audit process for its 2020 accounts to complete within the coming weeks, which would enable it to publish its results for the first half of 2021 shortly thereafter. The Company will update the market in due course as appropriate.
Another extremely productive day in the dynamic world as a bion investor Zzzzzzzzzzzzz
Started: Thordon, 15 Feb 2022 21:54
Last post: Syste, 23 Feb 2022 17:26
Probably even regulators have forgotton about them.. They are still functioning so I am hopeful we will hear soon. Just wait out the Russia nonsense a few more weeks.
5 weeks for news or delisting is it? Given they would have been suspended for 6 months.
Acting COOActing COO
BiON Sdn BhdBiON Sdn Bhd
Nov 2019 - Nov 2021 · 2 yrs 1 moNov 2019 - Nov 2021 · 2 yrs 1 mo
Kuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
- 4 Biogas Power Plant operations (7MW)
- 1 Biogas Power Plant under Construction (5MW)
- another 2 biogaspower plants being considered
- 1 biomas power plant being studied
So we know by Linkin that a Biogas Power Plant under Construction (5MW)
That should be a RNS
Started: Blades1889, 20 Jan 2022 18:44
Last post: Thordon, 2 Feb 2022 23:06
roppyus i truly think that , the 3 x revenue in statement then nothing.
Also the director buying 29% of company during this period just before suspension of share price.
Makes you think anyway
Probably trying to hide their wealth prior to being fined for Serba.
I think in theory they have until the end of March...tick tock... but the silence is deafening atm...
But you never know.. Ive said it before, given the amount of equity they own I am sure they are desperate to get this show back on the road (if they can)..
lets hope , need to release soon company's house will start proceedings to wind company up.
Feeling positive for next week. Accounts released. Cracking figures. Shares back on the market. 10p a share. The only problem being everyone will be selling thats been holding on here for the last 6 months!
Started: Waccamacca, 17 Jan 2022 08:49
Last post: Waccamacca, 17 Jan 2022 08:49
It’s excellent Watching so many other shares flying and you can’t do anything because your cash is locked into this mess of a company
Started: GoingGoingGone, 3 Jan 2022 13:53
Last post: Thordon, 13 Jan 2022 19:54
Do not mind accounts delayed , but the silence from BOD is very poor
Lloyds have an error in their system that show suspended stocks at an inflated value. haha
Why is BION showing at £1.80 in my trading account?
I agree roppyus.. given they own most of the company they stand to lose a great deal more than I.. frankly i can see this dragging on well into Summer.. but the silence is deafening its awful comms..
Someone must be running the plants and keeping the lights on... BION were due a good year as well.. !!
Ive written this off.. so if it ever came back would be like a bonus ;-]
Don't think its a sham, just think the directors are looking for the best play given the circumstances. Don't think they care about us, but they certainly care about making money, maybe that will work in our favour.
Started: Thordon, 28 Dec 2021 20:22
Last post: Thordon, 30 Dec 2021 12:43
Hi lootgaloot
Totally agree with your statement , i posted this in November so appears they are having trouble with accounts.
BiON Plc
Executive, Finance/Accounts
Kuala Lumpur
MYR 30K - MYR 48K (Employer Est.)
Viewed on 21 November
Bion really need this job taken
Correct me if I'm wrong but as I understand it (and if I can believe it), the suspension is due to a delay in accessing the accounts to submit to auditors. This is due to Covid restrictions rather than the recent fire?
If we take that excuse at face value then it's interesting that Mohd Abdul Karim Abdullah is listed as a member of the 'Audit Committee'. If I were an optimist, I'd suggest that perhaps the accounts cannot be audited since he's done a runner. Nothing fundamentally wrong with the company; it's just that we need his signature. Perhaps somebody with experience in auditing accounts can correct me?
Again, with my rose tinted spectacles firmly in place, I suggest Bion are too small to be a useful conduit for dirty cash emanating from Serba Dinamik Holdings. Surely, even a relatively small transfer of cash from Serba would stick out like a sore thumb?
However, past experience has taught me to be less optimistic. Clearly foul play has occured or at least needs to be investigated within Bion and obvious crooks in one company don't suddenly become boy scouts as directors in another company.
I think we'll just have to wait for this to play out. The communications officer may have his/her hands tied on what they can report. They may have been waiting for a final judgment before they can release a more meaningful update.
Hi ( Email sent today )
Looks like we need a collective to change the board as we have the Non Executive Chairman Syed Nazim Bin Syed Faisa CEO & Executive Director Charged with offense with Serba Dinamik Holdings Bhd As a interim we suggest Habizan Bin Habeeb Rahman as CEO
Subject to this we can look to gain control by gaining control via small PI as backers via an AGM which by media gaining traction.
The lack of information has weakened the company to take this to a higher level now.
This company has no interest but personally myself.
Games are being played roppyus , Habizan Bin Habeeb Rahman is the only key to save the day as a new investor will take control.
We could as a collective take control of directors in vote , which now days is the norm for small voters we only need 5% backing.
Surely AIM must have rules. If they do BION must have breached at least one of them. If they are to remain a credible platform they have to stop these shenanigans. How the communications officer sleeps at night whilst drawing a wage I will never know.
Started: Waccamacca, 3 Nov 2021 09:12
Last post: Waccamacca, 28 Dec 2021 13:49
Hopefully we are told something soon!!!
Maybe it will be bought out, depending what assets it has. If they are banned from being directors in Malaysia then don't see how Bion could trade without new directors as all their business is in Malaysia.
If it all is criminal,where do you honestly think that will leave us as a company,is it still functioning because they are ripping the arse out of this fire excuse!!!
Same directors who own most of Bion.
How connected are we to this lot? Is the fire a smoke screen(pardon the pun) or is it all down to this Serba carry on,it’s all getting a bit confusing with the lack of any information
Started: Jcx1987, 31 Oct 2021 11:51
Last post: Jcx1987, 31 Oct 2021 11:51
I see the results have been delayed again, because of "audit issues"
Expect to release results in the next few weeks, so now looks like towards the end of November for results... Pathetic company.
BiON (AIM: BION), an environmental engineering, wastewater treatment and renewable energy solutions company, gives notice that it will not be in a position to publish the Company's interim results for the six months ended 30 June 2021 by 31 October 2021. This is due to the ongoing audit process for the Company's annual report and accounts for the year ended 31 December 2020, as announced on 27 September 2021. The Company expects the audit process for its 2020 accounts to complete within the coming weeks, which would enable it to publish its results for the first half of 2021 shortly thereafter. The Company will update the market in due course as appropriate.
Started: solotoedipper, 29 Oct 2021 10:32
Last post: Thordon, 29 Oct 2021 16:51
Its why i bought in and fundamental's of generation assets
Our audited results may be delivered in our stockings this year. Last update in June suggested 4x revenue on 2019 so i look forward to seeing this reflected in the audited results...
Started: justdeezerts, 24 Oct 2021 10:19
Last post: roppyus, 28 Oct 2021 09:39
I am sure it will be fine, taken from their website: " The Board believes that good corporate governance reduces risks within the business, promotes confidence and trust amongst its stakeholders and is an important part of the effectiveness and efficiency of the company’s management framework." and "The Audit Committee has primary responsibility for monitoring the quality of internal controls and ensuring that the financial performance of the Group is properly measured and reported on." Lol...
Strange itacon i read that as well last month but can not find the notes
I think there was a investigation into serba dinamak which party linked Bion and why nothing was published.
Just a gut feeling , anyway results will need to be published soon.
Nice of them to let us know. A total disregard for their investors.
The fire was on an adjacent building and not related to BION. The factory was back up and running on limited capacity last month!
Last post: roppyus, 22 Oct 2021 16:11
Not good:
Bursa Malaysia Bhd has resolved to suspend the trading of securities of Serba Dinamik Holdings Bhd, including all structured warrants, effective from Friday afternoon.
That seems like the ideal job and company to work for….no one does anything!!!
Information of Job Vacancy
Title of Job : Manager Human Resources
Company Name : BiON Plc
Placement : Kuala Lumpur
Date : 20 September 2021
Last post: Jcx1987, 17 Oct 2021 17:18
It says on the website, on the article where it says they csnt announce results on September 30th, that shares will be suspended until they announce results. Then it says they'll announce results upto June 2021 on this date.
the Company's shares will be suspended from trading on AIM pursuant to the AIM Rules with effect from 7.30am on 1 October 2021.
The Company also announces that it intends to take advantage of a one-month extension available from AIM to 31 October 2021 for the publication of its interim results for the six months ended 30 June 2021.
TEMPORARY SUSPENSION OF TRADING ON AIM BION PLC
Trading on AIM for the under-mentioned securities has been temporarily suspended from 01/10/2021 7:30am, pending publication of the company's annual audited accounts.
No date of when , could be next week ?
Seems to be delisted now - Anyone know anything?
Aren't they releasing some results on October 31st?
Agree with what has been said. An absolute horror show this share has been.
Very suspect making lies continually to not announce results.
Keeping everything crossed it is genuine and we get good news... Got alot invested here
Totally agree , but we are where we are.
Have a lot invested here so all can do is wait
Started: toli, 30 Sep 2021 17:33
Last post: toli, 30 Sep 2021 17:33
Makes no sense the Malaysian covid has been coming down rapidly and there is no reason not to be able to go into offices it is crazy
Started: solotoedipper, 27 Sep 2021 14:51
Last post: 29palms, 27 Sep 2021 19:31
“can’t get into the office” ….do they not have DR set up for the company data and access through VPN!!
As the heading states on this thread…there is something not quite right here and suspension looming on Friday
DYOR
I think everyone on here is regretting being invested in this dog s*** share.
Absolutely horrendous.
With results being posted end of month, I can see this getting even lower.
Fuming with myself being invested here and missed out elsewhere, about 55% down now....
Best of luck to everyone here, fingers crossed we might get some luck.
Flip of a coin now if you think there is nothing wrong. Just can't get into the office. Probably looking at new year at the earliest to see what happens.
Doen't seem an issue for anyone else to get their accounts audited.
I've picked a shocker here unfortunately.
Started: Waccamacca, 14 Sep 2021 11:04
Last post: roppyus, 16 Sep 2021 14:09
Not long to wait until the end of the month. Will go one of two ways. Fingers crossed its the right outcome.
Same as that, emailed but heard nothing!
Has anyone had any contact with the company to see what the status is after recent events,I emailed them a few weeks back and never got a reply!
Started: toli, 10 Sep 2021 19:31
Last post: Biker888, 11 Sep 2021 12:45
The covid pandemic is pretty much over and the vaccine program in malasia is one of the fastest now so lets hope things move here
Last post: pedrolancaster, 8 Sep 2021 16:01
Very quiet on here.
When are you expecting full year results?
Be interesting if more power assets are transfered in exchange for debt owed to Bion.
Not long now for full year results
Given the forthcoming COP26 meeting I am expecting govts to be falling over themselves for 'green solutions'. If BION can get their accounts signed off I am hoping it could be the start of something positive.