Data show very good signs of smartmoney the last 45min.. short MA cutting upwards longer MA. The show has begun. Those who know charts can confirm? Thanks

99Mil change hands.. at 38, 39 some more.. did it get the NIIS??? oh wow!

agree - but do we even have a vaccine from this yet? just an MoU signed. Anything else?

Any news about niis

It will likely be like yesterday. 44sen could be the next support.

The way I see it, to protect yourselves in the stockmarket, and on this stock, you need to arm yourself with knowledge and find out:

1) How much is Generex share worth on Nasdaq and if the share has been moving up because this company is making breakthroughs in vaccine. If the company is on a breakthrough, funds will drive the stock through the ceiling.
2) If answer to 1 is yes and you think you should buy up or hold, then check see if the agreement between Bintai and Generex is an agreement or merely MoUs. MoUs are meaningless expression of intent to cooperate if they do not convert to standard, properly spelt-out agreements.
3) If you cant check the above two or cant find answers to them, you will probably now ask why the stock jumped from 0.25 to 0.94 in matter of two weeks, then look around. People are getting fed-up of Covid 19 and are looking up to anything promising, especially vaccines. Even rumours that someone is making a vaccine is exciting. In no likelihood of a cure, even a promise looks good. It is called HOPE. Dont forget, there are people out there who are jobless or going to be jobless who think they can outsmart the stockmarket by believing in rumours and buy any "promising" stock. These are some of the things probably drove up stock prices.

Yesterday's trading hour-by-hour was marked by indecision. Prices will pulled down because of retail investors leaving the market but they were promptly pulled back to existing levels. If look at the charts, you will see this. At some point, prices were encouragingly green. So let us watch today, and who knows, we might get lucky.

You only need for this confirmation. They will announce it sometime now.

https://www.theedgemarkets.com/article/newsbreak-iris-myeg-front-runnes-niis

For it to fly, you need to wait for this to be announced:

"The legal contracts for the licensing and development agreements, currently being mutually drafted by the Generex and Bintai legal teams, are expected to be finalized and signed in the coming days. Generex will file an 8K report with the SEC upon signing of the official contract."


https://www.globenewswire.com/news-release/2020/08/18/2079996/0/en/Generex-Announces-Signed-Agreement-with-Bintai-Kinden-to-Advance-the-Clinical-Development-Commercialization-of-Ii-Key-SARS-CoV-2-Coronavirus-Vaccine-for-Malaysia.html

If it breaks the 0.41 today, then you can hope for 0.45 this week

Read more before you invest.

https://www.nytimes.com/interactive/2020/science/coronavirus-drugs-treatments.html

@
pang72 https://www.nst.com.my/business/2020/08/620672/ho-wah-responded-second...

ALL VACCINE COUNTERS HOT AND SPICY NEXT TUESDAY!!
30/08/2020 6:47 PM

This is the headline: "Ho Wah responded to second communication from US FDA on new vaccine"

And down it reads: "FDA had requested EBI to provide further information on the investigational new drug (IND) application which proposes the use of existing poliomyelitis virus vaccines (PVV)) for prevention of Covid-19."

What does it say exactly - or maybe something like "Yes, you may proceed to send us your proposal and research on how a polio vaccine may be useful but we will consider?."

If this is the second response, then it is nothing material that should be your main consideration to chase this stock. Right now US is drowning and chasing against time to get a vaccine out before Nov Elections. If you follow the presidential race, it's anything goes. They are probably receiving tonnes of applications. And whether or not FDA approves or not, if a vaccine is effective, the pressure will be for the FDA to APPROVE even if it has yet to be submitted.

Scour around the web and and read up more on vaccines and invest wisely. Dont end up sharkbait in stocks. Invetors are very alert and hardworking. Greedy and mostly lazy punters end up being morsels for killerwhales and sharks.

Read this to get some picture of drug approvals by FDA

https://dash.harvard.edu/bitstream/handle/1/8965591/Katz%2C_Gail.html?sequence=2&isAllowed=y

Any chance of a breakout today? Let's watch

@vijaysai77

What news? If you know, share it

This is something you can refer to if you wonder why it is now moving

https://www.nst.com.my/business/2020/06/604478/sino-hua-invest-rm30mil-transform-cisb-tech-fb-company

@
Tipster Go go go... easily RM1.00 if can show good profit from new acquisitions...

Cows can fly

@
JXnotJAX

I only know the simple facts - multiplied, they are already a huge sum. Used in countries like Singapore, whose transactions are easily10x Malaysia, it is a formidable piece of product. It's among the two in the world. Certainly the first being used in this region. So this stock is for the long term investing. You could call it consumer goods if you like.

https://koonyewyin.com/2020/08/25/investors-should-not-be-frightened-by-vaccine-news/

This man is really afraid sell-down of gloves. But he has a point - gloves will be needed even as vaccines eradicate diseases. But the problem is market saturation - with Covid waking up every investor to the need for gloves, all are jumping on the bandwagon. The best bet to hedge against market saturation is to look for the companies that supply raw materials for rubber or non rubber gloves, the chemical companies too as well as rubber supplies. Just my two sen

bowman @JXnotJAX
agreed except point no2, audit confirmations only been used once a year for one bank account, that's still alot, according to NST will contribute 20X of current profit, so next QR profit is estimated around 20k x 20 = 400k


This quarter profit jumped to 118% from last at 73%. That's 45% increase with the current few banks joining. The system was launched in July but I believe it was used much earlier, maybe in June?

Check out the possibilities at the bottom of this link: http://www.appasia.com/econfirm/

"eConfirm.my is targeted to be eventually used by all the auditors and banks operating in Malaysia to process the annual bank audit confirmations for 1.3 million companies as registered with Companies Commission of Malaysia (“CCM”) as on 31st Dec 2019. The Platform charges only RM15 per successful confirmation."

Even is it is 1million companies, that means a recurring income of 15million alone for Malaysia (and growing), contributed by this platform alone in Malaysia. Not mentioning its other products, or collaborations abroad.

You need to ask yourselves:
1) Is the vaccine already found and found effective after all trials have been met? Has it been approved for commercialisation after ALL authorities have okayed it? Have all authorities okayed it to the point of manufacturing, for that matter.
2) For Malaysian Market, halal may be a guide but any company worth its salt would not stop pandering to local needs only - how much is the Malaysian market compared to Thailand, Vietanam, Cambodia, or even Singapore combined? You can even leave Indonesia out of the picture.
3) How much is Bintai's stake in this vaccine venture? If you know then chances that you can bet all the way to your imagine profitability. If not, then perhaps being reasonable is wise.
4) How much is funds play versus retail play? Funds usually have a team of researchers to dig out all the economic, fundamental and technical basis for their investment because they are answerable to the authorities of their operating countries as well as their investors. If right now it is all retail play, usually fuelled by speculations and hearsay, then be wise about it and stop denying that sometimes prices can be too high to cloud your judgment to see the dangers in front. Sometimes in desperation, we dont want to see what we should be seeing logically.
5) Look at the signs on the charts. Notice the candlestick that formed yesterday? Maybe funds have withdrawn or the retailers have moved because they have scalped the rewards of speculative play.

So, think about these things when you invest - Bintai or any stocks, local or abroad bourses

@JXnotJAX - thank you for pointing out item No 2. I thought it was done on regular basis, recurrently.

It is understood that Rakuten's recent purchase of AppAsia shares' had to do with expanding eConfirm.my platform to Singapore, the Phillipines, Thailand and Vietnam. If this is true, then this is one recurrent contributor to Appasia's regular earnings, sentiments aside.

Looking at the price these few days, one can only assume that the funds are not in the market or have bought enough. Only retailers are in the market like small fry grabbing small morsels of meat. But if you are investing for the long term (or mid-term profit-taker), you have to know how to separate the wheat from the chaff. This I reason out through these:

1) Appasia's audit-confirmation is used by top audit firms in the country and major banks.
2) Each use is RM15 per successful confirmation - how many transactions are done in day multiplied by a five-day business day week?
3) There is no competitor to Appasia in Malaysia for this electronic banking confirmation and they are the industry leader of this innovation
4) Agreement with MIA lasts 12 years - this is a monopoly and guarantee of a fixed income flow while they explore other products of similar nature (companies innovate based on their field of expertise)
5) They will surely explore regional markets like Singapore, ASEAN, and even evolve further. AppAsia is only the second company in the world which has a viable and commercially acceptable industry-wide electronic bank confirmation platform for auditors, according to the news below:

https://www.nst.com.my/business/2020/08/614439/shareholding-realignmen

6) Current results are showing in the positive for this quarter. If you are an investor, you will know that with the roll-out, it can only get better - assuming the company does not invest in less profitable ventures for the next three months.

No volume - this is merely panic selling for those who didn't have finances to hold.

@SuperWan Big announcement is coming....

There is no big announcement. You need to wait for next QR results. Their audit confirmation ware is being used and results will only come in once implemented. At current prices, it is a buy but because institutional players are already bought in, now only retail small fry are trading among themselves.

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0017 this was yesterday

SMA lines dipping, no momentum to push further - may drop to 0.27-0.28 or even lower. tomorrow even more dangerous for T4s

@StockLORD, the charts does show promise as can be confirmed by the strong buys between 0.40 to 0.405. Question is what is the good news coming and about what? Maybe they are getting the project?

In all eventualities, this is the largest Bumi-owned healthcare network and most GLCs and other large entities use their services. Way I see it, the reasoning by Investeye (below) is valid:

@Investeye KPJ is getting more interesting for mid/long term:
- Worse is over (https://www.malaymail.com/news/money/2020/07/09/kpj-sees-gradual-recov...)
- KPJ is potential to provide diagnostic test when the covid 19 Vaccine is ready to use (normally selected specialists or gov hospitals due to this vaccine new for the market)
- Health tourism will recover after the covid 19
- Revenue/Profit contribution from new opening outlets
- Focus of Budget 2021 in Healthcare
06/08/2020 9:39 AM

what big news

Profit-taking will happen late this afternoon.

Congrats to you guys who sold. It's just money. Who runs fast, makes faster

not bad for speculative buying - vaccine not made, just agreement signed, and approval not even given yet I think. Now Bintai is not a vaccine maker - it is merely an investor in that venture. Imagine if something clogs the wheel and those who have through their entire savings into chasing this new high, what will happen. Invest wisely. If you are in, hold as see how high it can hit. If you are looking in, just have more commonsense.

@Jeff5142 Forget about those speculative stocks.
This is still one of the safest stocks without much price fluatuation which give out decent dividend every three months. The next dividend is expected to be declared again by end of this month. 'Goreng kaki' can go to gloves, masks and technology stocks.

Decent dividends?

tomorrow better brace yourself for the inevitable.

Pay attention to this declaration: "The success of commercialising the vaccine is subject to completion of the phase 3 trial and obtaining the regulatory approvals."

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0119
Good Qr result - drop in YoY. But this QR was when they launched the auditing confirmation software and hence the YoY will already improve by this time next year

Congrats guys. One of the best runs of the week

All red, thanks. He has a point. Let it consolidate first. Maybe to 0.22-24

better not be another trap like last quarter

@Fishningen2 Where qr result
23/08/2020 6:01 PM

Still waiting. Last quarter posted in June was good. This one too perhaps.

Good quarter results and YoY. Looking at above 0.90 and above this coming week

Results coming out these few days, anyone knows when?

Good buy at 0.22.

https://www.globenewswire.com/news-release/2020/08/18/2079996/0/en/Generex-Announces-Signed-Agreement-with-Bintai-Kinden-to-Advance-the-Clinical-Development-Commercialization-of-Ii-Key-SARS-CoV-2-Coronavirus-Vaccine-for-Malaysia.html

Too many caught in 0.27-0.305 - volume not big enough to warrant such a rise

Looks like it has the momentum to break 0.25. More big funds detected, so lets see this fly once and for all, past 0.26

Once it reaches it opening price, you can hope it will go green all the way

standby folks, only a short way before hitting new highs.

Heading upwards to test its last high at 0.25. Since Thursday is a non-trade day, expect it to hit highs next week, maybe even breaching the 0.255 mark.

Big funds are just appearing, relax, In due course it will rise.

gone already lah, all kena trapped..