BINTAI KINDEN CORPORATION BHD

KLSE (MYR): BINTAI (6998)

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Last Price

0.085

Today's Change

0.00 (0.00%)

Day's Change

0.085 - 0.09

Trading Volume

47,500


14 people like this.

20,684 comment(s). Last comment by Income 1 day ago

bowman

2,596 posts

Posted by bowman > 2020-09-18 15:34 | Report Abuse

A nice candle forming above the 68.8% Fibo level. If it breaks the 0.70 limit by 4pm, it should clear the next level of 0.76

Posted by ryantee8899 > 2020-09-18 15:52 | Report Abuse

no more momentum, volume very low now

alin885

7 posts

Posted by alin885 > 2020-09-18 15:54 | Report Abuse

going down back...

bowman

2,596 posts

Posted by bowman > 2020-09-18 15:57 | Report Abuse

Read the charts - volume momentum is still strong. Exchanges in single level prices are not noticeable contributors but it may hit 0.72 again today. Let's watch if it does

bowman

2,596 posts

Posted by bowman > 2020-09-18 16:03 | Report Abuse

@
azee https://klse.i3investor.com/blogs/tradeviewe/2020-09-14-story-h1513492...

Next week maybe. Not today. No smartmoney looking at it.

Chang Wt

325 posts

Posted by Chang Wt > 2020-09-18 22:07 | Report Abuse

Generex Signs Binding Licensing & Research Agreement with Bintai Kinden to Advance the Clinical Development & Commercialization of Ii-Key-SARS-CoV-2 Coronavirus Vaccine for Malaysia

Chang Wt

325 posts

Posted by Chang Wt > 2020-09-18 22:34 | Report Abuse

Why Bintai will likely limit up coming Monday 21st Sept:

Note that Generex has given Bintai the right to not only produce and sell the vaccine in Malaysia, but also in Australia, New Zealand and all the global HALAL markets. The potential profits are EXTREMELY HUGE as Bintai will be selling a HALAL vaccine!

Note that it is stated that the royalty that Generex collects from Bintai from vaccine sales in Malaysia alone is already USD150 million. Taking the $3 royalty per dose (the range of royalty is $3 per dose on government sales and $4.50 per dose in the private sector) for example, this will translate to a profit of USD450 million for Bintai vaccine sales in Malaysia. $4.50 royalty per dose will mean USD675 million of profits for Bintai. And this is only Malaysia. How about Australia, New Zealand and all the global HALAL markets? Do the math yourself and tell us if a limit up is not possible?

JK22

1,789 posts

Posted by JK22 > 2020-09-18 23:17 | Report Abuse

Sound like funding a vaccine development. Generex need to first perform a result.

Vanbasten

1,266 posts

Posted by Vanbasten > 2020-09-18 23:40 | Report Abuse

Sounds good all vaccine stocks should be infected by bintai next week

supra39

43 posts

Posted by supra39 > 2020-09-19 00:00 | Report Abuse

Let's go gap up and limit up on Monday!

ktrader

1,897 posts

Posted by ktrader > 2020-09-19 00:16 | Report Abuse

Paktua73 , instruct your army to attack bintai starting monday ya

batboy81

35 posts

Posted by batboy81 > 2020-09-19 08:16 | Report Abuse

dont dream to high. up slow² one ok. only this counter is goreng one la

Chelly

57 posts

Posted by Chelly > 2020-09-19 08:17 | Report Abuse

Don't dream for Australia and New Zealand market. This two country will follow UK and USA. This two country government will

ramunia

1,123 posts

Posted by ramunia > 2020-09-19 08:22 | Report Abuse

Mostly will go higher on Monday

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-19 08:31 | Report Abuse

Bintai will become next Top Glove after selling Vaccine soon

James89

478 posts

Posted by James89 > 2020-09-19 08:40 | Report Abuse

What is the stage of development and clinical trials of the Covid-19 Vaccine developed by Generex and whether necessary approvals have been obtained from the relevant government/medical authorities. If yes, to provide the name thereof.

The Covid-19 Vaccine is in the pre-clinical stage of development and pending approvals from the U.S. Food and Drug Administration (FDA) to commerce Phase I/II human clinical trials.

Dream on this Bintai with the estimation of USD150 million in Malaysia. At the moment they are yet to enter human trial while China will report the phase III result in weeks time.

James89

478 posts

Posted by James89 > 2020-09-19 08:43 | Report Abuse

The target market under the collaboration and whether any contact has been secured.
The targeted market is mainly for the Malaysia and/or regional and international markets, if warranted.

At the current state, no contact has been secured as the Project still in an infant stage.

Biliskecil

760 posts

Posted by Biliskecil > 2020-09-19 09:38 | Report Abuse

Yes. Vaccine is future..smart money park in early in vaccine counter..not those winter stock .

Zahra2016

102 posts

Posted by Zahra2016 > 2020-09-19 16:31 | Report Abuse

LU next week..

Chang Wt

325 posts

Posted by Chang Wt > 2020-09-19 21:35 | Report Abuse

This 2 news alone will ensure Bintai achieve limit up on Monday

James89

478 posts

Posted by James89 > 2020-09-19 21:50 | Report Abuse

https://codeblue.galencentre.org/2020/09/19/malaysia-joins-covax-vaccine-plan-also-in-deals-with-china-pharma-companies/

Khairy also said today the Malaysian government was currently preparing government-to-government agreements with the Chinese government to get access to coronavirus vaccines developed in China.

So how to achieve Bintai estimation USD150 million in Malaysia? gg Bintai.

Chang Wt

325 posts

Posted by Chang Wt > 2020-09-19 22:13 | Report Abuse

Bintai vaccine is HALAL. The market is far bigger than Malaysia alone. What to worry? Furthermore is China vaccine Halal enough for Malaysia?

menort

1,006 posts

Posted by menort > 2020-09-20 00:55 | Report Abuse

"High percentage of retailer who think they can out-smart the stock market and enter lose making penny stock and dream to become a millionaire, majority will lose big amount of money compare to the retailer who put money on profit making company that its share price Rm1 and above counter"

Want to go vaccine counter? go to genuine vaccine counter example Pharmaniaga and Duopharma. Malaysia gave licence only to Pharmaniaga and Duopharma to distribute covid19. Dont act smart and think Bintai can sell vaccine it will never happen in Million years in Malaysia. Never touch any lose making penny stock counter who try to ride on vaccine theme.

Want to invest on glove counter? invest only on genuine glove counter Top glove, Supermax, Hartalega, Kossan, Ruberex, Comfort, Careplus, Hlt and LKL.

Never touch any other than above counter.

ktrader

1,897 posts

Posted by ktrader > 2020-09-20 08:02 | Report Abuse

Pharmaniaga and duopharma only?Please check again what exactly khairy said ya

Trader1188

251 posts

Posted by Trader1188 > 2020-09-20 09:13 | Report Abuse

Guys, this vaccine approval fall under the purview of MOH

Trader1188

251 posts

Posted by Trader1188 > 2020-09-20 09:22 | Report Abuse

Khairy just a spokesperson on behalf. The market is big enough to accommodate more players. Bintai venture might sounds disbelief but a co. can always diversify to create value to shareholders. By the time its materialized, u might have missed the opportunity to catch it low.

Friendship

1,616 posts

Posted by Friendship > 2020-09-20 09:56 | Report Abuse

Titijaya will be the ultimate winner for vaccine play. Please go and read the agreement signed between Titijaya Medical and Sinopharm.

menort

1,006 posts

Posted by menort > 2020-09-20 17:14 | Report Abuse

https://9shares.my/the-edge揭秘─21家仙股股东董事成员或同批人/

zhm540

2,491 posts

Posted by zhm540 > 2020-09-21 08:29 | Report Abuse

vaccine approval is under WHO...once approved, MOH will follow... So far government has never purchased any vaccine directly, most of them through Pharmaniaga, UMNO crony. This time, other companies have already signed exclusive agreement with the vaccine manufacturers. Not sure what roles Pharmaniaga will play. Bottling? perhaps not because the vaccine probably arrived bottled already.

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 11:46 | Report Abuse

@zhm540 your logic may not be very true. MOH or the Government itself tend to take the route they are confident in or used to use may it be an “UMNO” crony or government related company. Its rather difficult to deal with new companies having such a big project at hand. Even worst if they plan to subsidize the vaccination cost which the Government may do to safe guard Malaysia and its growth.

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-21 12:28 | Report Abuse

Good Bintai.. RM1 Coming

zhm540

2,491 posts

Posted by zhm540 > 2020-09-21 12:30 | Report Abuse

Not when you have binding agreement like Bintai. What they can do it to appoint one UMNO big guy as the Chairman... and it will fly to moon!

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 12:38 | Report Abuse

Has it been signed? ;P because the last it boomed was because they were entering the MOU right? Even then, MoU and MoA are well lets just say changable.

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 12:41 | Report Abuse

Furthermore, this is a signed non binding agreement. So yeahh, no guarantees

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 12:43 | Report Abuse

Dont get me wrong, it is a legitimate deal and there is a chance of it booming in Malaysia. But would Bintai have the capacity for this? Just my 2cents la.. i really maybe wrong

Trader1188

251 posts

Posted by Trader1188 > 2020-09-21 12:53 | Report Abuse

Since their AGM just around the corner n lately just concluded private placement. Why not buy some share n attend their AGM. Post these questions to them. Would have more clarity after this.

bowman

2,596 posts

Posted by bowman > 2020-09-21 13:28 | Report Abuse

@DrJoel88 Furthermore, this is a signed non binding agreement. So yeahh, no guarantees
21/09/2020 12:41 PM

It's a binding agreement according to this which was shared earlier:

https://storage.googleapis.com/wzukusers/user-26831283/documents/155c2d8a463249f59120eeadfe614b8a/PR_Bintai_Generex_Coronavirus%20Vaccine%20Addendum%20Signed.V2.9%2017%2020.pdf

menort

1,006 posts

Posted by menort > 2020-09-21 13:51 | Report Abuse

Remember vaccine is not like a glove. Only license company given by government can distribute vaccine. Mandatory.

Right now only Pharmaniaga and Duopharma got government license.

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 13:54 | Report Abuse

I see, thnks for the info @bowman

Posted by Millionairegig > 2020-09-21 14:13 | Report Abuse

Keep guys. You means understand each other. Once singed MoA, means serious business. It's money pump in.

Posted by Millionairegig > 2020-09-21 14:14 | Report Abuse

*You=MoU

DrJoel88

376 posts

Posted by DrJoel88 > 2020-09-21 14:46 | Report Abuse

Tbh, i see Bintai as a good goreng stock. High variability in pricing per day. Best for hit and run. Hahahahaha

ronl98

166 posts

Posted by ronl98 > 2020-09-21 14:47 | Report Abuse

sorchai trap again, haiya...

xuxu

5,855 posts

Posted by xuxu > 2020-09-21 15:26 | Report Abuse

ding dong for long at 0.6 range.. how ?

zhm540

2,491 posts

Posted by zhm540 > 2020-09-21 15:56 | Report Abuse

wait for forced selling done that I can fly...

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