High valuation on good prospects for BIOHLDG-WA
Alan Voon | 09 Mar 2018 00:30
Bioalpha Holdings expects both its manufacturing segment and retail pharmacy business to continue doing well this year
The share price of Bioalpha Holdings Bhd had been fluctuating within a relatively modest range of 21.5 sen and 28.5 sen over the past 12 months.

However, the company’s warrant BIOHLDG-WA which was issued in January last year experienced a more volatile year as it rose to as high as 23 sen from a low of 11.5 sen. 

Over the past few weeks, both the mother share and warrant are consolidating at the lower range of their prices as the global equity market fell.

Bioalpha Holdings is a home-grown integrated health supplements company predominantly involved in the manufacture and sale of health supplement products.