Biosensor Recession proof -heartstent biz

Biosensor with its heartstent biz shd be good as it is recession proof…shd turn around for FYE 31 mar 2009…receive USD 40mil from a licensee offset by non recurring restructuring charges for the US and netherlands ops..shd turn around even if exclude the one time capital gain…linited downside 35cts..upside at least 55cts:P

If got patience sure make limited downside from here the worst drop back to 35cts and then bounced back again...one of my favourites previously and even now..short and long can make $$$ but now long...till it move up...bank interest

Just like in EPL, Biosensors is matching up with ManU. Just like David, biosenssors come face to face with Goliath. Taking the giant.

lawjiamin, u were very accurate. i wish i had bought biosensors. it\'s just that i didnt understand the business. are u a doctor?

Biosensers without stents to market and yearly losses of more than US$40m, share price trade as high as over $1.40. When it received it\'s CE Mark in January 2008 for it\'s flag ship BioMatrix, it\'s share price trade as high as $1.10 but company still in the red. Now after 1 year of much growth in BioMatrix stents, company alrady in the black and the future looks bright but share price still below 60cts. What going on?????????:ohmy:

Got in rather late but I think Biosensors has attractive valuation. Biosensors trades at 12x FY2012 earnings. Cool for a cool stock. Hoping for more upside from $1.49 now.