lee9fold, perhaps it’s better to just ignore Ular and Barry. No need to provoke them. I shouldn’tve posted my last message
We just watch Solutn. We concentrate on it and not naysayers
Ok ah? Keep this thread solely on those that invested instead of those that just have absolutely a lot of time to waste without any financial gain. Those guys just want to build up their so-called “rep” (if there’s any)
Solution is the one of the very few companies with license and approval to distribute vaccine, and getting orders direct from government, as well as approval for fill and finish plant that will distribute across Asia. It’s not like those other lousy scam companies like Inix and Mestron just goreng with useless MOUs. Solution also has other business including solar which is in demand right now. TP 3 is not some random number, it’s based on proper business sense.
Many were doubtful of Solution resolve to be a vaccine distributor and bottler in the region. This will be an important step for Solution. They have successfully obtained Type A Poison License from the government and have signed with MOH to sell Cansino Vaccine to MOH.
As i said do you know why Pharmaniaga is panicking? because they are not able to monopoly vaccine distribution in Malaysia.
Duopharma from rm1.60 can reach rm4, Pharmaniaga can reach from rm0.99 to rm5.70. most have very limited upside. Now that Solution has been confirmed to be of Vaccine distributor in Malaysia it share price will just go upward
TP RM3.00 still makes it cheaper than other vaccine supplier company in Bursa like duoparhama (rm3.60) and pharmaniaga (rm4.89)
The Board of Directors of Solution Group Berhad (“Board”) wishes to announce that the wholly-owned subsidiary Solution Biologics Sdn Bhd (“SOLBIO”), had on 29 January 2021 signed a Term Sheet Agreement with Government of Malaysia, represented by the Ministry of Health Malaysia (“MOH”) for the supply of the COVID-19 vaccine to the Government.
Enter now is never too late, it will peak higher than it’s previous peak of coz! Previously it’s based on speculations. Now it’s not. It’s the real deal now
KUALA LUMPUR: Solution Group Bhd said wholly-owned subsidiary Solution Biologics Sdn Bhd (SolBio) has signed a term sheet agreement with the Ministry of Health (MoH) for the supply of Covid-19 vaccine.
"The term sheet agreement, signed on Jan 29, is to enable SolBio to enter into a definitive supply agreement to supply 3.5 million doses of the Recombinant Ad5-nCoV vaccine," the company said in a filing today.
The vaccine, Solution Group said, was jointly developed by CanSino Biologics Inc and Beijing Institute of Biotechnology, Academy of Military Medical Sciences.
Under the agreement, MoH will purchase 3.5 million vials from SolBio subject to several conditions including the company having obtain the product registration and market authorisation of the vaccine in Malaysia from Drug Control Authority (DCA) by April 2021.
"Barring any unforeseen circumstances, and subject to the execution of the definitive Supply Agreement, and subject to the Vaccine being approved by the DCA, the Term Sheet Agreement is expected to contribute positively to the future earnings and EPS of SGB for the financial year ending Dec 31, 2021," it said.
It was previously reported that Solution Group was building a vaccine fill & finish facility with was targeted for completion in the second quarter of 2021.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
anthonytkh
1,802 posts
Posted by anthonytkh > 2021-02-04 16:38 | Report Abuse
I no longer care about those Ular and Barry and etc
Trend, chart and trade summary shows strong BUY