Dear readers, one Singapore stock had a 500% increase in its stock price in just this week. That’s right, we are talking about a Six-Bagger Singapore stock that came about in just this trading week (6 Dec 2021 to 10 Dec 2021). This Singapore stock is none other than Disa stock, which has made headlines this new that has catapulted its stock price by an increase of 500%. And that piece of development is none other than that Disa has signed a licensing agreement with NUS and Singhealth to commercialise Saliva-based Covid-19 ART Kits.
Such a development in this current Covid-19 times where regular testing for Covid-19 is a norm has sent Disa stock rallying. In fact, some have wondered whether Disa, with the latest development will see it stock price trajectory similar to Medtecs International stock. To recall, Medtecs International stock, whose business is in masks, had its stock price rallying multifold, given the prevalent use of masks in this Covid-19 normal.
I have taken note of Disa when its anti-theft technology product, introduced in year 2018, was said to have been accepted by Walmart made headlines. However, the anti-theft technology product does not have seem to have lead to Disa’s stock price rallying as Disa stock price has been trending down from $0.012 back in 2018 to as low as $0.001 for most part of Year 2021 before this latest Saliva-based Covid -19 ART kits development.
As compared to the anti-theft product, Disa’s latest saliva-based Covid-19 testing kit seems to have a much larger market. Will Disa’s latest ART kit product be a game changer for Disa? Will Disa’s stock price further rally multi-fold?
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