Royce Pharma manufactures and supply pharmaceutical products (drugs and supplements) registered with the National Pharmaceutical Regulatory Agency (“NPRA”) and nonpharmaceutical products (medical disposables, equipment and devices) under the Approved Product Purchase List (“APPL”) which was approved by the Government of Malaysia (“Government”) to the hospitals, health office, health clinic, dental clinic, health institution or any other similar facility within Malaysia which is operated and controlled by the Government (“Government Healthcare Facilities”) through Skim Anak Angkat (“SAA”), Skim Panel Pembuat Bumiputra (“SPPB”) and Medical and Laboratory Store Privatisation Concession Agreement. As at the LPD, Royce Pharma has 65 drugs registered with the Drug Control Authority of the Ministry of Health Malaysia and Royce Pharma is contracted to manufacture and supply 25 of them to the Government Healthcare Facilities until 31 December 2021 under the supply agreements dated 17 August 2017 and 26 March 2019 contracted with the Government and extension letter dated 20 November 2019 received by Royce Pharma
Royce Pharma is registered with NPRA and as one of the few approved suppliers to the Government. I think we can expect Royce can get a fairly handsome shares of the Covid vaccine supplies to the government in the coming months.
20.85 millions to invest for 32.5%, plus profit guarantee of 10millions each for two years. Tawin's share of 32.5% profit guarantee will be 6 millions in two years. With good prospects outlook for Pharmaceutical industries and business. This deal looks a wise and good investment.
Tawin can be taken as a good medium term share investment, in view of the possibility of involving in the upcoming Covid 19 vaccine businesses, which may close a deal soon via Royce.
Talking on share prices. if we compare with the recent "vaccine play" counters namely Bintai, Solution, Mtronic, YongTai, Kanger, ..etc. Those companies were merely signed a MOU with foreign suppliers, they still need to obtain government approval for importing and distribution of vaccine. Whilst Tawin is directly buying a pharmaceutical company Royce. Thus chances of doing the vaccine business is higher.
@kukuman I will mark down your words for it. Don't simply assume I fail because of my cut loss moment here in Tawin. It's sick to see how people in the forum can undermine other people's strength by a look of perception. Perhaps I am talking to a promoter, who knows.
" The Government has allocated a total of RM31.9 billion to the Ministry of Health Malaysia for healthcare services under the Budget 2021, as compared to RM30.6 billion allocated in the previous year. "
So, they want a cut out of that allocation, thus the acquisition?
"Dr Mahathir Mohamad, in a joint press conference with Umno's Gua Musang MP Tengku Razaleigh Hamzah this evening, said there is a possibility that Prime Minister Muhyiddin Yassin's government might fall tomorrow."
You failed few times does not mean other people will fail just like you. No need to spread venom just because you had failed previously. Things change, business strategy change and prospect change over time.
Spin it whatever ways you wanted it. Fact remains. You failed not only once but few times. To fail 1 time can be forgiven, to fail 2 times for the same is foolish, but to fail few times, you name it yourself. Sick? Correct. Sick to see people never learn. Pity
Posted by jacksonkhs888 > Dec 14, 2020 8:35 PM | Report Abuse @kukuman I will mark down your words for it. Don't simply assume I fail because of my cut loss moment here in Tawin. It's sick to see how people in the forum can undermine other people's strength by a look of perception. Perhaps I am talking to a promoter, who knows.
StockHunters TAWIN bought 30% stake in Royce Pharma Manufacturing Sdn. Bhd. if you know, you know. those that said run run run, just let them run all the want. those that hold tight will be rewarded. 12/12/2020 12:41 PM
^ when i said this no one believed me. look at it now, if tmr drop, collect more, it is due to market sentiment. this stock will till fly soon.
Barring unforseen circumstances, Tawin shares prices limit up today. It was trading well above 50 sens in the years 2017 and 2018 till first half year of 2019. when those years copper prices were well below current prices and Tawin has not rebranded and diversified as compare to now. Tawin is now re strategised and rebranbed to diversified into property development and pharmaceutical industries. Under the dynamic steering leadership of Dato Ngu Tieng Ung, Tawin future is only better and brighter.
@Yong IY , i'm afraid i don't have that info but in other forums some people are talking about 2nd/another announcement. So, i am also trying to find out.
@kukuman Uncivilised and uneducated people like you will remain in touch with bad mannerism everywhere you visits. Isn't the sole purpose of a forum is for everyone to gather, discuss and to point out headlines for others to benefit from? If I can't point my opinion freely, what more than I listening to you when you are here trying to shut people out by being dismissive?
Clearly, I wasn't surprise to see that Tawin fails to capitalize onto any of the info that you'd shared yesterday. Or should I clarified it the other way around? Thanks for promoting tawin? Lame.
Also, my cut loss moments is in the range of thousands, leaving it here to cement your bullshit judgement just so you know. Instead of leaving these unrealized losses draining into tens or hundreds of thousands of cash available in my portfolio, I might as well cut it out loose. Thanks for undermining me, because I know you don't have the equity size to trade comfortably like I do. Pathetic lying promoter.
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....
smart9898
41 posts
Posted by smart9898 > 2020-12-14 18:22 | Report Abuse
Tomorrow kasi dia limit up! Share share share!