u see I'm right.Its drop from 18 cents to as low as 4 cents.Whoever who follow me maybe not 4 cents but maybe lower thn 9 cents will earn at least net profit 100 percent return(when it went from 4 cents to 20 cents).On the other hand if wait till now its worth net profit at least 300 percent return.Net profit means after minus the cost of holding shares.
Yong Tai blog 18 cents Posted by Michael Kwok > Dec 4, 2019 9:49 PM | Report Abuse X
Below just bad case scenario TP but best case scenario TP 11-14 cent Michael Kwok 1021 posts Posted by Michael Kwok > Dec 3, 2019 3:54 PM | Report Abuse X
Putting 9-11 cents then buy due to special shares issues of 400 million.
BUY ON RUMORS AND SELL ON NEWS. DON'T WORRY, TOMORROW YOU BEEBEARBEAR CAN BE BUTTBUTTBOOO can see the price falling down....like the london bridge is falling down....hahahha
China vaccine has so much more potential as it does not require extreme temperature control in logistics. Even without vaccine, Yong Tai previous high is over RM1.60. Figure it out yourself.. it could be more potential than Solution and HowahG
this pineapple123 say before news out he ady know, then he should buy right , instead he asking for more " interesting " theme... Niama ,i duno how to describe this type of people . sohai or what ? he adready said he know !!! but he dont buy ? Niama, 7 sohai.
Termination due to non-fulfilment of the Conditions Precedent In the event that the Conditions Precedent are not obtained/fulfilled by the within the agreed time limit, then either Party shall be entitled to terminate the HOA by giving a notice of termination to that effect and thereafter the Parties shall not have any further rights under the HOA except in respect of: (i) any right or obligation under this HOA which is expressed to apply or continue to be binding after the termination of this HOA; and (ii) any rights and obligations which have accrued in respect of any breach of any of the provisions of the HOA to either party prior to such termination.
FOR YOU BUTTBUTTBOO.... READ WITH YOUR EYES CLOSED IF U ARE BLIND.
RISK FACTORS The risk factor affecting the HOA and ASA includes the non-fulfilment of the salient terms as set out in Section 2 of this Announcement, which lead to termination of HOA and ASA. However, YTB or its subsidiary company will take all reasonable steps to ensure that the salient terms of the HOA and ASA are met.
Yong Tai to collaborate with Chinese company in Covid-19 vaccine development, distribution in Malaysia
theedgemarkets.com
December 04, 2020 21:22 pm +08
KUALA LUMPUR (Dec 4): Property developer Yong Tai Bhd has entered into a heads of agreement (HoA) with China-based Shenzhen Kangtai Biological Products Co Ltd (SZKT) for a proposed collaboration on the development and exclusive commercialisation of the latter's inactivated Covid-19 vaccine in Malaysia.
SZKT is currently developing a Covid-19 Inactivated Vaccine (Vero Cells) against the coronavirus,according to Yong Tai in a stock exchange filing today. Under this collaboration, Yong Tai will be SZKT's partner in Malaysia to conduct Phase III clinical trials and exclusive commercialisation of the vaccine.
To support this collaboration, Yong Tai said it has also entered into an advisory and service agreement (ASA) with Klinsel Sdn Bhd to appoint Klinsel as the Contract Research Organisation (CRO) for the proposed clinical study of the Covid-19 vaccine to be conducted in Malaysia.
Upon the successful conclusion of the Phase III clinical trial or emergency usage approval being obtained in Malaysia, whichever is earlier, Yong Tai said the parties plan to cooperate on a vaccine procurement programme of approximately 100 million doses of the vaccine over a five-year period, of which the committed quantity for the first three years shall be not less than 20 million doses per annum.
"Yong Tai believes that the proposed partnership is in the best interests of the company and its shareholders, because of the diversification of revenue stream through the sale and distribution of vaccines in light of the Covid-19 pandemic," Yong Tai's filing read.
"Barring any unforeseen circumstances, the proposed collaboration is expected to contribute positively to YTB’s revenue in the future," Yong Tai added.
SZKT, which is listed on the Shenzhen Stock Exchange, is principally involved in developing and manufacturing human vaccines. It has more than 30 kinds of vaccines under development, according to Yong Tai.
Meanwhile, Kinsel is a CRO that offers a comprehensive package of research services for the pharmaceutical and biotech industry.
pineapple123 BUY ON RUMORS AND SELL ON NEWS. DON'T WORRY, TOMORROW YOU BEEBEARBEAR CAN BE BUTTBUTTBOOO can see the price falling down....like the london bridge is falling down....hahahha
---------------- Hahahaha...I laugh you back. This term only applies when its fake news and this term also comes from some fake gurus when their forecast does not come true or they want to buy at lower price. Dont follow blindly with all stupid advises from conmen.
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....
pineapple123
2,472 posts
Posted by pineapple123 > 2020-12-04 21:18 | Report Abuse
MOU CAN BE CANCELLED.