HO WAH GENTING BHD

KLSE (MYR): HWGB (9601)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.21 - 0.215

Trading Volume

75,200


10 people like this.

5,986 comment(s). Last comment by Mrhunter88 2024-07-16 09:54

Malaika

78 posts

Posted by Malaika > 2020-08-15 15:58 | Report Abuse

What I see in all comment in klse group stock , the negatives comment but soon price flying to sky...but prise higher to sky for some stock, price jumping to earth after that...

jakeT

117 posts

Posted by jakeT > 2020-08-15 16:34 | Report Abuse

Ho Wah Genting Berhad – Day Dreaming or Jackpot??

By now, most of you here would probably know that the company is collaborating with a US company to produce a vaccine for this ongoing pandemic.

What really intrigued me was the company is only funding US$1 million for this vaccine research. Got so cheap or not??

Generally, you and I are no medical professional and know nuts about medical treatment. Nonetheless, personally, I am a curious investor and the only source of info is via online reading materials. And hence, I did abit of my findings. (Thanks to @pBlue for also sharing a site for me to refer)


So the first question is: Can this poliovaccine really work against covid treatment?
In short, no proven studies yet, but scientists believe it is plausible. Here are their rationales.
1) Both poliovirus and coronavirus are positive-strand RNA viruses; therefore, it is likely that they may induce and be affected by common innate immunity mechanisms
2) By using Poliovaccine, it would enable one to trigger an immune response to develop antibodies specific to the pathogen, such as the previous virus, SARS-Cov 2. However, they believe is just a temporary immune boost. So the keyword is Temporary. Imagine if we can walk freely for a year without the fear of transmission, ok ma isn’t?
3) Safety. Using existing vaccines is safer due to track record of safety


The next question would be: If poliovaccine is effective, why do people still getting covid 19?
To be honest, I can’t find any studies or news but my suspicion was, what if the poliovaccine has a protection period? The only info I found was from a UK healthcare called “Superdrug Health Clinic”. According to them, the vaccine only lasts for 10 years and one should get another after 10 years. I am uncertain about this fact as “Booster” and “Vaccine” may have different usage. However, hypothetically, if one requires another jab after 10 years, that explains why children are less prone as compared to the elderly in regards to contracting the covid 19 virus.


That being said, it is worth noting that this poliovaccine is not the panacea for all of us. It is far too early to conclude as more clinical trials should be done.

But if the company or its US counterpart DID manage to pass its clinical trial or getting FDA approval, it would definitely be good news to all, especially the investors.


In my next piece, I will try to find more info on the company’s credential / track record in relation to healthcare. Stay tuned !


Disclaimer: the write up is for discussion purposes and not inducing any buy/sell call. I hope everyone would discuss sensibly



https://klse.i3investor.com/blogs/jakeT/2020-08-15-story-h1512359950-Ho_Wah_Genting_Berhad_Day_Dreaming_or_Jackpot.jsp

greedy44444

2,497 posts

Posted by greedy44444 > 2020-08-16 01:46 | Report Abuse

Macau scam can make you rich can make you bankrupt instantly... maybe 3.50 maybe 30 cents. Why you want to risk your life on this loh chin counter ?

Legend

4,119 posts

Posted by Legend > 2020-08-16 08:28 | Report Abuse

Scam

Posted by AlanGanHT > 2020-08-16 14:27 | Report Abuse

Already, nearly 1,500 Dutch health care workers have rolled up their sleeves for a study that Netea's team is leading. It uses a TB vaccine named BCG, which is made of a live but weakened bacterial cousin of the TB germ.

In Australia, researchers hope to enroll 4,000 hospital workers to test BCG, too, and 700 already have received either the TB vaccine or a dummy shot. Similar research is being planned in other countries, including the U.S.

Possibly next in line: oral polio vaccine, drops made of live but weakened polio viruses. The Baltimore-based Global Virus Network hopes to begin similar studies with the vaccine and is in talks with health authorities

https://www.nbcnews.com/health/health-news/could-old-vaccines-other-germs-protect-against-covid-19-n1183011?icid=related

Malaika

78 posts

Posted by Malaika > 2020-08-16 15:41 | Report Abuse

Catch when price low, and sell when price higher... don't not matter ...how it works

Malaika

78 posts

Posted by Malaika > 2020-08-16 15:44 | Report Abuse

Ho Wah Genting Bhd (HWGB) today signed a joint venture agreement (JV) with US-based E-Mo Biology Inc (EBI) to undertake Phase 4 clinical trials for a new poliomyelitis virus vaccine (PVV) for Covid-19.

The deal, which signed by HWGB's wholly-owned subsidiary HWGB Biotech Sdn Bhd (HWGB Biotech), will also allow the latter to conduct research and development (R&D) of vaccines, immunological treatment and diagnostic product development for the Covid-19 virus.


Under the JV, HWGB Biotech will invest US$1 million and be entitled to a 40 per cent of the total net profit, HWGB Bursa Malaysia filing today said.

Furthermore, following the memorandum of agreement signed on 06 August 2020, HWGB Biotech will also be entitled to exclusive rights for the production, distribution and the sale of the Covid-19 vaccine in Southeast Asia countries.

"We hope the repurposing of the proven poliovirus vaccines can fast track the Covid-19 vaccine development to save lives, as the situation now is dire," said HWGB chief executive officer Datuk Aaron Lim Ooi Hong.

"Additionally, the JV represents a further step to firm up the collaboration of both parties that will be beneficial for both," he said in the exchange filing.

EBI will carry out the R&D, testing, registration and commercialisation of the 5 provisional patent application and other activities relating to the patents which EBI owns, for the purpose of treating the diseases.

The vaccine is currently awaiting necessary approval from the United States Food and Drug Administration (FDA) to conduct Phase 4 clinical trials.

Malaika

78 posts

Posted by Malaika > 2020-08-16 15:45 | Report Abuse

40% of total net profit ...Joint venture

Malaika

78 posts

Posted by Malaika > 2020-08-16 15:48 | Report Abuse

KUALA LUMPUR (Aug 10): Shares in Ho Wah Genting Bhd (HWGB) jumped 15.83% or 19 sen to RM1.39 in morning trade today after the group said last week that its subsidiary had inked a memorandum of understanding (MoU) to undertake phase-four clinical trials for a poliomyelitis vaccine for Covid-19.

At 10.50am, shares in HWGB were 11.67% or 14 sen higher at RM1.34, valuing the group at RM696.99 million. It saw 47.69 million shares traded, exceeding its 200-day average volume of 7.5 million shares.

According to the group’s filing with Bursa Malaysia last Thursday, its unit HWGB Biotech Sdn Bhd had partnered with US-based E-MO Biology Inc (EBI) for HWGB to invest a sum of US$1 million (RM4.2 million) in EBI, entitling it to 40% of profit from the commercialised vaccine.

HWGB said it will have exclusive rights for the production, distribution and sale of the repurposed vaccine based on the polio vaccine for use in preventing Covid-19 infections in Southeast Asian countries.

“EBI on June 15 submitted the Initial Investigational New Drug application to the United States Food and Drug Administration to conduct phase IV clinical trials for a new indication which proposes the use of the existing poliomyelitis virus vaccine for prevention of Covid-19, which is currently pending approval.

HWGB said the memorandum is not expected to have any immediate material effect on its earnings, net assets, gearing and share capital.

“However, the proposed collaboration is expected to contribute positively to earnings of HWGB upon successful commercialisation of the new indication.

“The board, having taken into consideration all aspects of the memorandum, is of the opinion that the memorandum is in the best interests of the company,” said HWGB

Malaika

78 posts

Posted by Malaika > 2020-08-16 15:50 | Report Abuse

KUALA LUMPUR: Ho Wah Genting Bhd (HWGB) today signed a joint venture agreement (JV) with US-based E-Mo Biology Inc (EBI) to undertake Phase 4 clinical trials for a new poliomyelitis virus vaccine (PVV) for Covid-19.

The deal, which signed by HWGB's wholly-owned subsidiary HWGB Biotech Sdn Bhd (HWGB Biotech), will also allow the latter to conduct research and development (R&D) of vaccines, immunological treatment and diagnostic product development for the Covid-19 virus.


Under the JV, HWGB Biotech will invest US$1 million and be entitled to a 40 per cent of the total net profit, HWGB Bursa Malaysia filing today said.

Furthermore, following the memorandum of agreement signed on 06 August 2020, HWGB Biotech will also be entitled to exclusive rights for the production, distribution and the sale of the Covid-19 vaccine in Southeast Asia countries.

"We hope the repurposing of the proven poliovirus vaccines can fast track the Covid-19 vaccine development to save lives, as the situation now is dire," said HWGB chief executive officer Datuk Aaron Lim Ooi Hong.

"Additionally, the JV represents a further step to firm up the collaboration of both parties that will be beneficial for both," he said in the exchange filing.

EBI will carry out the R&D, testing, registration and commercialisation of the 5 provisional patent application and other activities relating to the patents which EBI owns, for the purpose of treating the diseases.

The vaccine is currently awaiting necessary approval from the United States Food and Drug Administration (FDA) to conduct Phase 4 clinical trials.

Malaika

78 posts

Posted by Malaika > 2020-08-16 16:10 | Report Abuse

Hammer pattern in chart...this Monday going up

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-16 19:46 | Report Abuse

let see this monday bro....big volume come in or not.

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-16 19:59 | Report Abuse

we see what the market reaction is tomorrow

Posted by BetaEarth > 2020-08-16 20:10 | Report Abuse

To be honest, theres many vaccine being developed and HWGB is just investing in one of them, which might not produce any positive result like the others, worst case they fail the stage 4 trial.

tsohg

11 posts

Posted by tsohg > 2020-08-16 23:09 | Report Abuse

2.2 Information on EBI
EBI was incorporated in United States of America on 24 May 2020 with authorized shares
of 1,000,000. EBI is principally engaged in biology research and development.
The sole director and shareholder of EBI is Qiyi Xie. He is also the Chief Executive Officer
of EBI.

......Are you sure it really can trust?

Malaika

78 posts

Posted by Malaika > 2020-08-17 00:56 | Report Abuse

So much many countries invest in vaccine , those countries like India so ..

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-17 19:55 | Report Abuse

relaxs bro....sharks still inside and collecting slow2....next month we can see new high hahaha

Posted by Lillkoo82 > 2020-08-17 21:58 | Report Abuse

https://www.theedgemarkets.com/article/bintai-kinden-shares-hit-3year-high-it-announces-covid19-vaccine-venture

hahaha another vacinne player. All tis company, sure or not?

Malaika

78 posts

Posted by Malaika > 2020-08-18 00:31 | Report Abuse

Bintai also boom the price today..

Malaika

78 posts

Posted by Malaika > 2020-08-18 00:50 | Report Abuse

Hunterrr and hunter888 sure next month can achieve new high? Have a great news?

meigege

64 posts

Posted by meigege > 2020-08-18 10:50 | Report Abuse

collect when price low.?

Posted by malysiabolehhh > 2020-08-18 13:01 | Report Abuse

bro bro sekalian, ni masi blh masuk? price mcm dah stabil

xytraders

197 posts

Posted by xytraders > 2020-08-18 13:11 | Report Abuse

speculation area, don buy

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-18 18:46 | Report Abuse

next month we can see new high hahaha.have good news

Malaika

78 posts

Posted by Malaika > 2020-08-18 19:41 | Report Abuse

Hunter888 I believe in u, another hunterr I read back your comment said waiting approval moh, then after that suddenly news appear, the price is fly high...so I wait for your next good hint ..pls share some hint here ...if u have good news will appear soon....

Malaika

78 posts

Posted by Malaika > 2020-08-18 19:41 | Report Abuse

Hunter888 I believe in u, another hunterr I read back your comment said waiting approval moh, then after that suddenly news appear, the price is fly high...so I wait for your next good hint ..pls share some hint here ...if u have good news will appear soon....

JasonJy

28 posts

Posted by JasonJy > 2020-08-18 22:24 | Report Abuse

What good news? Faster share lo!

https://www.globaltimes.cn/content/1198131.shtml

Ppl oledi got the vaccine jo and coming out by December. Howah 55 lo!!

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-19 07:11 | Report Abuse

hahaha....u just wait and see next month

MCDIDDY

94 posts

Posted by MCDIDDY > 2020-08-19 15:52 | Report Abuse

Weak, gg adi or how??

CKNG8291

530 posts

Posted by CKNG8291 > 2020-08-20 20:23 | Report Abuse

Everyone thought VACCINE is fruit juice? It is county to county deal , and control item. With tight control and licensing, semua kena scam.

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-21 07:37 | Report Abuse

scam2 form 0.10 now rm1 hahaha.and next ????

JasonJy

28 posts

Posted by JasonJy > 2020-08-24 22:35 | Report Abuse

How are we progressing so quickly on the coronavirus vaccine front?

One of the possible reasons is that the SARS-CoV-2 vaccine, which causes COVID-19, is from the family of coronaviruses that scientists have studied before. This meant that they could quickly adapt the vaccine projects in the works for previous coronaviruses like the SARS virus and MERS virus. The spike protein which had been pointed out earlier as a component of the coronaviruses, was identified as a target for the vaccine. “SARS-2 is quite similar to SARS-1, especially in that spike protein. People could take a very educated guess that this is the protein that we need to be going after,” Rama Rao Amara, an immunologist and vaccine researcher at Emory University told Stat News.

Posted by monsterhunter > 2020-08-25 09:26 | Report Abuse

Now is pharma and dpharma show time.

Posted by monsterhunter > 2020-08-25 09:37 | Report Abuse

better sell solution, bintai, titijaya and hwbg then switch to pharma and dpharma.

joe79

260 posts

Posted by joe79 > 2020-08-25 11:05 | Report Abuse

gogogogogoooooooooooooooo

Malaika

78 posts

Posted by Malaika > 2020-08-25 11:07 | Report Abuse

Market boom today hwgb

joe79

260 posts

Posted by joe79 > 2020-08-25 11:57 | Report Abuse

catch son

Hunter8888

505 posts

Posted by Hunter8888 > 2020-08-25 12:51 | Report Abuse

will break 1.60 this week hahaha

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