Biosensors International Group stock went north by over 10% in intra-day trading today on 16 April 2014. The price increase is good to me as I have just bought the stock to add on to the existing shareholdings I already hold in Biosensors stocks which was bought at higher prices. The motivation for buying more of Biosensors stock is to “dollar cost average” the stocks while expecting a privatisation offer for Biosensors. Was today’s stock performance for Biosensors stock due to investors scurrying for another potential privatisation stock, following Olam, CapitaMalls Asia and Hotel Properties Limited? There is sufficient justification for the “privatisation” theory: Biosensors has been reported to mull privatisation moves, just like companies such as United Engineers Engineering & Construction (“UE E&C”) and Jaya Holdings. And besides the above, the fact is that Biosensors is a very cash-rich company with net cash of around $500 million to $600 ......