Yes RTO is going to be announced soon!!! Finally the day we have all been waiting for.

So stay calm and ride this out.

Let's not forget that HWGB thru their partnership with EBI are in talks of a M&A that will see the new JV listed on NASDAQ. That is gonna be huge!

@LubeTrader Couldn't agree more. Need to build a more solid base for sustainable uptrends that can better hold the price levels.

@scjm I hope your predictions will be spot on!!!

Ho Wah Genting, E-MO Biotech and Fuse Biotech join hands in vaccine R&D, targets Nasdaq listing.

TP is easily beyond RM2... it's going to break new high this time round!

We retail traders should just remember to hold our guns and not sell too soon.

Also read the news on the merger with the US listed company. It is coming to fruition.

This new piece of news is actually even better. 15% share in EBI and EBI is in the midst of finalizing a merger with a Nasdaq listed company! Wow wow wow!

Right now any vaccines that can get FDA approval will be a huge help globally. WHO too will continue to add more vaccines on their approval list (read the news on the Chinese vaccines getting WHO approval) as well because globally there is a shortage as countries rush to get vaccine supply to get out of the current pandemic challenges.

US FDA APPROVED HWGB’S JV PARTNER, EBI TO CONDUCT THE 2ND STAGE OF PHASE 4 CLINICAL TRIAL FOR COVID-19 VACCINATION

https://hwgbbiotech.com/view_media.php?id=230

It's coming!!!!

Time to rebound after collecting enough at lower price points?

Just out today.

PHASE 4 CLINICAL TRIAL PRIMED FOR STAGE 2 AFTER SUBMISSION OF INTERIM REPORT TO THE FDA

KUALA LUMPUR, 24 December 2020 - HWGB Biotech Sdn Bhd (“HWGB Biotech”), a wholly owned subsidiary of Ho Wah Genting Berhad (“HWGB” or the “Company”) (Bursa Stock Code: 9601), announced E-MO Biology Inc.’s Interim Report of COVID-19 Vaccine Phase 4 Clinical Trial had been successfully submitted to the US Food and Drug Administration (“FDA”) Clinical Trial Gov System on the 23 December 2020 and the approval is expected to be received within the next few working days. HWGB’s joint venture partner, US-based E-MO Biology Inc. (“EBI”), completed the first stage study of Phase 4 clinical trial and is looking for the commencement to the next step of the expanded trial.

The review of the Interim Report by the FDA is on-going for EBI progression to provide a vaccine that will appeal to the public for COVID-19 prevention. By gaining the FDA approval, EBI will be able to embark on to a larger group study with an additional 275 Subjects, which will be stratified by age and race or ethnicity. The breakthrough was announced when the first stage of the study showed that 100% of the Subjects produced an immune response that recognized protein (RdRp) of both poliovirus and SARS-Cov-2 in their blood samples after vaccination.

Managing Director of EBI, Dr. Xie QiYi, said: “We intend to expand the study cohort to a total of 300 Subjects after the success on the pioneering 25 Subjects enrolled. No adverse effects were reported by the enrolled Subjects which proven that we are heading in the right direction and to continue this study on a larger and more diverse group”.

@pineapple123 HWGB is researching to repurpose a polio vaccine

The vaccine that HWGB is working on is a repurposed vaccine meaning that it is already in the open market but for something else. Hence Phase 4 trial only requires a sample size of 300 pax. For Stage 1 of the Phase 4 trial they are only trying on 25 pax before expanding it to 300 pax to complete the Phase 4 clinical trial.

Therefore for repurpose vaccines, if the results are good (like in this case) the roll out will be way easier as from a safety and side effects perspective it is already well proven. So imagine what the price of HWGB would be like once Phase 4 is completed in Jan 2021.

Stay calm guys. The market is just reacting to our political situation. It will rebound.

More positive vaccine news

FDA advisory panel endorses Pfizer/BioNTech Covid-19 vaccine
https://www.statnews.com/2020/12/10/tracking-the-fda-advisory-panel-meeting-on-the-pfizer-biontech-covid-19-vaccine/

Once the Education Ministry's budget gets approved in parliament either today or tmr, this counter will fly. Don't forget, the budget allocated for the Education Ministry is the highest allocation of all at RM50.4B. Imagine the upside for Pelikan.

Get ready for the ride up everybody!

I heard that the Education Ministry budget will get finalized this week. That should bode well for Pelikan.

@VenFX Absolutely agree! Vaccine theme play now.

@huatkopi88 Totally agree. YongTai will be a good gauge for Kanger since they are at very similar starting price points of 0.17. So YongTai has already more than doubled in a single day.

Kanger when are you waking up!?!?!?!?!?!

@Noobie123 Couldn't agree more. All vaccines related counters has gone uptrend. HWGB, Bintai, Solution and even KStar (which is directly linked to Kanger). I cannot believe that Kanger with all it's potential won't move. It should be moving soon enough.

More importantly is when it finally moves, learn to hold to sustain the price uptrend. Don't just sell or panic sell when sharks try to push the price down.

@Godblessyou That's what many have been saying but the price is going upwards no?

As long as the price better start moving upwards.

Well I am purely speculative but then why not. What Kanger cares about is raising the money thru the PP. If you have the money to cough up for the shares they are more than happy to take it. What you do with the money is your pasai. Anyway, they sell it now or later the share price will go up soon enough anyway.

Probably its just drinks making me unnecessarily creative in speculations. hahaha. Cheers folks.

Let's just hope the buyer of the 2nd tranche of PP aint going that route too.

For all we know Mr Wu is one of the buyers of the PP. So he is just disposing his own shares for that >10% gain since PP issued price is lower than market price. Just like that he made >10% gain.

No worries guys... the show will continue next week. News on FDA approvals will be out next week. It's the era of vaccine.

We as retailers should learn to hold tight and not panic sell when the sharks throwdown.

@zuzack69 It will go above RM1 today... just wait. Wait for the morning contra players to finish selling. Then the operator will push again.

Bro @Avantador Tmr Saturday la wei.. lol

@Kira-Kura Sounds like you are the champion. Managed to ride all 3 counters' wave.

Reject not halal ma don't sell to Malaysia lor. There are so many other countries out there who wants vaccine.

Anyway, even the countries in the middle east are taking the Chinese vaccines. So is it halal or not halal then?

@paperplane HWGB's vaccine is not from China. It is from the US.

Fresh news on initial results from HWGB's progress with their Phase IV Clinical Trial in the US.

Retrospective Serological Study Indicates Polio Vaccination Among Observed Population (100%) Produces Specific Humoral Response with Cross-Reactivity Against SARS-Cov-2

https://hwgbbiotech.com/news/view_news.php?news_id=132

The fact that the boss bought up more shares from the open market at prices 0.54, 0.545, 0.57 and 0.575 shows his confidence in his vision. Nothing beats having the boss personally vested in the company and putting his own money on the line.

Better get on board everybody!

@sharonchok HWGB's repurposed vaccine is from the US

@mikeym Read thru the report and you will see that they intend to start with 25 and then add another 275 ppl.

Why want to recruit the whole city if you can get authorization with less? This is repurposing an existing vaccine so don't need such high volumes of recruits.

Thanks for the great info on progress bro @malysiabolehhh

Superb QR by Iconic

New glove and PPE plant in mainland Penang

There is good news coming on the progress of Iconic's new plant site... better load up for the uptrend.

Maybe @KLBullTrader was finally converted by everyone here? :)

Niis Niis Niis!!!!

When is the QR???

Many (including myself) have questioned who is EBI and etc. Finally HWGB has released additional information on the key stakeholders behind the scenes working on the Phase 4 clinical trials. This should ease some worried minds. :)

https://hwgbbiotech.com/news/view_news.php?news_id=114

@ NPRA1985 Go Up Up!!!

@NPRA1985 Thanks for your consideration bro. See you in the other chat group as I am on the Kanger ship too as I believe there will be enough to go around at least for the short term.

NPRA1985 Your "Go Go K*****" is not promoting other counters?

NPRA1985 Understand that you are heavily invested in Kanger and excited about it but out of respect to others please don't go to other's counter forum to promote your counter