$BIOHLDG / 0179 (BIOALPHA HOLDINGS BERHAD)
The fact that even goreng syndicates don't wanna touch this stock says a lot about this company. Management was very active during Covid times to engage with the public. Where has that enthusiasm gone?
Investors want to see some form of improvement. Year in year out losing money isn't bad. What's bad is the persistent rights issue that doesn't seem to generate positive results.
How to maintain share price when the company isn't seen to be taking any action that can improve the company's performance across Malaysia, Indonesia and China or communicate with the public over its long-term plans?