Posted by DrHash > 2020-11-05 17:02 | Report Abuse

Will up, very up this time how up I don't know :)

Posted by HuatEveryday > 2020-11-05 17:17 | Report Abuse

So 0.76 finally broken but cannot sustain so still not breakout

Posted by Edric Soh > 2020-11-05 17:34 | Report Abuse

Huat see tommorow can breal or not

Posted by HuatEveryday > 2020-11-05 17:43 | Report Abuse

Let’s see... if breakout then Huat together!

Posted by daijiao > 2020-11-05 17:59 | Report Abuse

For those belum collect. Still can collect. Another announcement coming soon. Stay tuned.

Posted by DrHash > 2020-11-05 18:16 | Report Abuse

I think tomorrow will touch 0.85

Posted by HuatEveryday > 2020-11-05 19:29 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3103016

Posted by HuatEveryday > 2020-11-05 19:29 | Report Abuse

Private placement for diversification....

Posted by Biliskecil > 2020-11-05 20:34 | Report Abuse

Good closing..

Posted by Michael Kwok > 2020-11-05 20:48 | Report Abuse

Personally after argument broke out,I intended to buy Solution afternoon section with rm 10k (price 75 cents).After Seing some familiar pattern my arrogant gone.KYY say never be arrogant.I put a TP of rm 1.20-rm 1.40.Being able to supply for ASEAN countries look good prospect.

Posted by KML889 > 2020-11-05 22:21 | Report Abuse

Not sure why the need to raise 18mil via PP. Earlier media press release already announced Solbio set aside 30mil for fill and finish vaccines packaging preparation at Nukit Jalil.
Maybe daijiao can share insights. Thanks

Posted by Edric Soh > 2020-11-05 22:34 | Report Abuse

daijiao can u give your fb account i pm u

Posted by KML889 > 2020-11-05 22:52 | Report Abuse

Hello....share la bukan DM

Posted by KML889 > 2020-11-05 22:53 | Report Abuse

Pang Pang pun already shared gila gila

Posted by KML889 > 2020-11-05 22:57 | Report Abuse

Too bad all open source and not too much of values

Posted by zaneganz > 2020-11-05 23:07 | Report Abuse

so buy or sell?
estimate tp and cl?

Posted by Mansonguitar > 2020-11-05 23:37 | Report Abuse

Tp 1

Posted by daijiao > 2020-11-05 23:38 | Report Abuse

Sapu...

Posted by moneymaker99 > 2020-11-05 23:40 | Report Abuse

TP 0.92

Posted by monkey_business > 2020-11-06 01:02 | Report Abuse

@daijiao, sure not, whats the news about then?

Posted by MMMMM > 2020-11-06 01:04 | Report Abuse

https://www.theedgemarkets.com/article/solution-group-announces-rm187m-private-placement-vaccine-fill-and-finish-facility

Posted by Boneka > 2020-11-06 01:58 | Report Abuse

TIME IS OF THE ESSENCE NOW - Upon receiving the LOA from Cansino on 30/10/20, Solutn wasted no time in announcing the private placement for the vaccine fill & finish facility. At stake is the huge ASEAN market!

Why Cansino Vaccine is the better choice?
1) Cansino vaccine, named Ad5-nCoV is jointly developed with a team led by military infectious disease expert Chen Wei. It is reportedly the only recombinant COVID-19 vaccine developed in China. It was developed using a mechanism similar to a recombinant adenovirus vaccine developed by the UK company AstraZeneca and Oxford University.

(i) Dosage Required - The neutralization level generated by one dose of Ad5-nCoV is equal to that generated by two doses of inactivated vaccine.

(ii) Validity Period - Ad5-nCoV is estimated to stay valid for two years and should be stored at a temperature of 2-8 degrees Celsius.

(iii) Difference between Cansino Ad5-nCoV and AstraZeneca - Ad5-nCoV uses adenovirus that exists in human bodies while AstraZeneca/Oxford candidate uses chimpanzee adenovirus. The latter may trigger a rejection reaction in the human immune system. Despite the AstraZeneca/Oxford candidate's incident, no severe adverse effects have been discovered from Ad5-nCoV so far.

2) AstraZeneca is fast tracking its plan to obtain FDA approval. It will start discussing emergency approval of its experimental COVID-19 vaccine with U.S. regulators once it has good trial data from Britain, South Africa and Brazil. This should pave the way for Cansino Ad5-nCoV's speedy approval as well.
https://uk.reuters.com/article/businessNews/idUSKBN27L1F8?il=0

Posted by Noobie123 > 2020-11-06 07:13 | Report Abuse

KUALA LUMPUR, Oct 13 — A Covid-19 vaccine from China may be deployed in Malaysia by the end of the year, Muhyiddin Yassin said today.
........................

"At the same time, the prime minister also stated that Malaysia can make its own bilateral agreements outside COVAX, such as with China’s state-owned pharmaceutical company Sinopharm or British-Swedish pharmaceutical company AstraZeneca, to obtain Covid-19 vaccines for Malaysia."

https://codeblue.galencentre.org/2020/10/13/malaysia-may-get-chinese-c...

Posted by HuatEveryday > 2020-11-06 08:53 | Report Abuse

Daijiao, your announcement is this private placement announcement or another coming soon? Thanks for sharing!

Posted by monkey_business > 2020-11-06 09:20 | Report Abuse

Daijiao, eat porridge or eat rice see you de lo

Posted by Millionairegig > 2020-11-06 09:34 | Report Abuse

Today may announce for how much government will place budget for vaccine. A very much good catalyst.... Will be billion dollar investment

Posted by John Lu > 2020-11-06 09:37 | Report Abuse

Usd21/vaccine
Malaysian population =33 million

If 30%, how much will be the revenue just in Malaysia? How about other south east asia region?

TP RM3. 50

Posted by John Lu > 2020-11-06 09:39 | Report Abuse

Solution will worth a 10 billion market cap company very very soon

Posted by daijiao > 2020-11-06 09:42 | Report Abuse

For those warriors who follow my advise couple months ago. Congratulations! U should already have a handsome earning. For those late comer. Still can collect more... As long as political stable... No worries...

Posted by daijiao > 2020-11-06 09:42 | Report Abuse

Btw, another announcement coming soon.

Posted by Millionairegig > 2020-11-06 09:42 | Report Abuse

Monday Bintai and Solution above rm1. No more cents... Hopefully today not yet limit up

Posted by Spectre888 > 2020-11-06 09:45 | Report Abuse

On track to recapture 0.91 / 1.055!
"Cansino Ad5-nCoV will be ranked amongst the top vaccines available. It is equivalent to the elite status granted to TopGlov and Supermx in the glove sector."
Apa tunggu lagi....

Posted by John Lu > 2020-11-06 09:49 | Report Abuse

Buying solution now like you buying supermax at RM3 before the bonus issue

Posted by Hieveryone > 2020-11-06 09:52 | Report Abuse

SOLUTION GROUP a.k.a SOLUTION ENGINEERING (0093) was listed in Bursa Malaysia 15 years ago in 2005. The company started its business from design and development of hardware and software solutions for engineering education and research in institutions of higher learning and skills training centres. Over the years, the company has gained a foothold in education field with its well-established brand name of SOLTEQ. I bet engineering students should have encountered laboratory experiment during their tertiary education and those laboratory equipments for experiment purposes were the main source of income for the company. The company underwent meteoric rise from 2014 to 2017 due to the increase in fund allocation by government to Technical and Vocational Training (TEVT) programmes especially during the Eleventh Malaysia Plan (“RMK11”). After its heyday, the group suffered sharp profit decline due to the overload equipment in public institution and change in government policy after the 2018 general election.

The above brief history was solely for the purpose of understanding the company’s background.

The company has caught my attention on 19th August 2020 due to the announcement of a memorandum of understanding (MOU) between the Solution and Cansino Biologics INC. The company has signed the MOU on 3rd August 2020 where Solution Group will be responsible for fill and finish of bulk COVID-19 vaccine supplied by CansinoBio in Malaysia. The group has also immediately incorporated a new wholly owned-subsidiary, Solution Biologics Sdn Bhd (SOLBIO) for this project.

On 23 September 2020, the company announced that SOLBIO had entered into a Registration, Manufacturing and Commercialisation Agreement with CanSino for collaboration in the manufacturing and commercialisation of the Vaccine.

On 30 October 2020, SOLBIO has received a letter of authorisation from CanSino which extended the scope of SOLBIO in the Collaboration and authorise SOLBIO to market and distribute the Vaccine in Philippines, Vietnam, Thailand, Myanmar, Cambodia, Laos and Brunei.

On 5th Nov 2020, the company has proposed diversification into pharmaceutical field awaiting approval from shareholder. At the sametime, the company also proposed private placement of 10% of current issued shares to raise about RM 18 million for the Covid-19 vaccine project. It is estimated RM10million will be used to set up of fill and finish facility, RM 5 million for purchase of machineries and equipment for fill and finish process, and RM 3 million to purchase quality assurance and control (“QA&QC”) equipment. Currently, the group SOLBIO will submit the formal application to National Pharmaceutical Regulatory Agency (NPRA) for the registration of the Vaccine upon the successful completion of the global Phase III clinical trial by CansinoBio.

*Tips: You might ask why is approval from shareholders needed for this? According to the ACE market listing rule, the proposal need approval from shareholders whenever there is diversion of more than 25% of net asset to be used in new business and the expected net profit from new business is more than 25% of the original business field.

Who is CansinoBio then?
It is a listed company on both HK and Shanghai bourse at current market cap of 75 billion HKD. This year Cansino is in the limelight due to its development of Ad5-nCoV (Covid-19 vaccine). On 25th June 2020, China’s Central Militrary Commision approved the use of the vaccine by the military as a special needed drug. So far, the vaccine has good tolerability and safety and there were no serious adverse reaction among participants in clinical trials. Currently, there are 42 Covid-19 candidate vaccines in clinical trial with only 11 at Phase III clinical trial. CanSino is known as a front runner in the development of vaccine for COVID 19 vaccine and it is currently in the midst of completing the Phase III clinical trial for the Vaccine.

Lastly, the CanSino Ad5-nCoV vaccine is one of the candidates in the vaccine list of Malaysia Ministry of Health (MOH) and our Minister of Science, Technology, and Innovation Khairy Jamaluddin has asked the Finance ministry to set aside at least RM 3 billion for the vaccines based on the price of RM87.50 each for 70% of the population. From the latest announcement, Solution group is able to produce up to 6 million vials of vaccine per month upon completion of the aforementioned facility. With the range of price given and volume of vaccine that could be produced per month, smart investor should be able to gauge the range of future profit upon the completion of the global Phase III clinical trial. Can Solution ride the wave? If the answer is
Yes, there is a Chinese saying that goes “Fish leaped over the dragon gate and become a dragon”. However, it all depends on the progress of the vaccine trial.

https://www.facebook.com/482876155810625/photos/a.529026267862280/847274366037467/

Posted by John Lu > 2020-11-06 09:53 | Report Abuse

Buy now before OTB and his gang come and hook9ee

Posted by failfish > 2020-11-06 10:36 | Report Abuse

Tambah nilai

Posted by DrHash > 2020-11-06 10:59 | Report Abuse

Buying!

Posted by tonightbeattiger > 2020-11-06 11:10 | Report Abuse

buy....

Posted by John Lu > 2020-11-06 11:44 | Report Abuse

After budget, solution will become triple

Posted by Anderu > 2020-11-06 11:50 | Report Abuse

Can mou o, triple I can eat 3 lobsters, don't tipu lo

Posted by Despacito > 2020-11-06 11:57 | Report Abuse

Buy buy buy!!!

Posted by HuatEveryday > 2020-11-06 12:22 | Report Abuse

Blocking 0.80 and don’t let it break....

Posted by harisham74 > 2020-11-06 12:30 | Report Abuse

haiya.. sudah naik...

Posted by Stockhunter88 > 2020-11-06 12:30 | Report Abuse

Mari Mari Mari goreng goreng goreng

Posted by HuatEveryday > 2020-11-06 12:31 | Report Abuse

Mari afternoon kasi limit up!!!

Posted by John Lu > 2020-11-06 12:31 | Report Abuse

Break.. Either 4pm limit up if not monday limit up

Posted by temerloh > 2020-11-06 12:38 | Report Abuse

Buy. Buy. Buy

Posted by skoh > 2020-11-06 12:40 | Report Abuse

Yes

Posted by daijiao > 2020-11-06 12:43 | Report Abuse

Anyone bought at 0.76? Now 0.81

Posted by DrHash > 2020-11-06 12:44 | Report Abuse

HuuuuuuuaaaaTTTTTT!!