Remember what I said yesterday....what if? What's the back up plan? Bamboo to rescue.

Kanger already got KJ letter...no worries. Those other counters all on fire

Rough ride today for vaccine counters..

Switzerland also complaining no data from Pfizer, Moderna and Astrazeneca

https://www.swissinfo.ch/eng/society/incomplete-data-stalls-swiss-authorisation-of-covid-19-vaccines/46196598

Ular, wrong. hehehehehe

Like I say, if we are long term, we have to look at all these. If we are short term vaccine rocketman, then don't bother.

Sorry, Dato Kuan resigned.

https://www.klsescreener.com/v2/announcements/view/3221005

I not sure..I know Setiakon is substantial shareholder of kanger. Percentage dunno

setiakon?

@Orlando, it be interesting to know who subscribed.

Dato Kuan is Malaysian la...he is a construction man. Google Setiakon.

Ular, Founder of Kanger is the MD himself, a China national, based in China, JV with Chinese local Government...workers also got ESOS...they are serious businessmen. You think got hanky panky or not?

Dato Kuan is one of the ED in Kanger

These are my tots for the day. Don't mind sharing.

I have been telling vaccine is the shining star bonus, the cash cow is its ongoing bamboo business. But people all look for vaccine rocket only, they don't bother with ongoing business. Guess there's big expectation difference. My view is when we buy in cheap and in bulk, we must look at potential risks and fall backs as I don't want to CL. For eg. if for whatever reason, vaccine deal fell through (finger crossed), what then? Is bamboo business enough to pull us through? Or is Kanger morphing into a political counter? Or Setiakon / Dato Kuan trying for a backdoor listing as it is not normal for a successful construction co. to be a substantial shareholder of a listed co. without any ambitions.

For your reading pleasure

https://www.dailyexpress.com.my/news/159423/kanger-poised-to-be-top-global-producer-of-bamboo-products/

Ular...why palm tree? We want the plant, not the fruits

China timber flooring uses bamboo. They don't have tropical hardwood like Malaysia eg resak, merbau, balau, etc.

Bamboo replanting is a green sustainable industry. It take only 7 years to mature ready for harvest. China is now embarking on green industry, there's good future here. More so, Kanger's JV partner already gave bamboo forest concessions so supplies of raw bamboo material is at very minimal cost.

We all think bamboo is round. But Kanger process bamboo into flat pieces. They then joined them together to make flooring pieces.

Khairy said the government has also no intention to control any private companies to discuss with any international vaccine manufacturers in order to be their agents or distributors.

"We cannot control any of them from making any commercial arrangements with the international manufacturers.

"However, if they cannot get the approval from the National Pharmaceutical Regulatory Agency, under the Health Ministry, they will not be able to bring the vaccines into Malaysia," he said.

"On behalf of the government, Mosti and the Health Ministry, we cannot stop the companies that actually have no links with the medical or logistic, they may try to pivot to other industries.

https://www.thestar.com.my/news/nation/2020/12/07/covid-19-kj-rubbishes-allegations-that-the-govt-had-used-rm3bil-allocation-to-purchase-vaccines

In fact I think Kanger wanted to work with Forest Research of Malaysia on bamboo some years ago.
https://www.theedgemarkets.com/article/kanger-frim-set-bamboo-plantation

The bamboo flooring looks the same as our normal engineered timber flooring. It is the raw material that is different only. China don't have hardwood timber so they use bamboo. Likewise Malaysia don't have much bamboo but we have hardwood.

Most of postings by NPRA are shared published articles for our better knowledge. It has nothing to do with market sentiments or share prices.

Kurang manis

If you guys observe, most press statements nowadays are made by Executive Director Steven Kuah who is the exCEO of D'nonce and founder of CCK Petroleum in marine bunkering business.
Joseph Wu has dropped out of picture and now sold off all his shares. I suspect there was a boardroom tussle. Just one of my conspiracy theories...

Provincial governments across China are placing orders for experimental, domestically made coronavirus vaccines, though health officials have yet to say how well they work or how they may reach the country's 1.4 billion people.

https://www.abc.net.au/news/2020-12-06/china-prepares-large-scale-rollout-of-sinopharm-covid-19-vaccine/12955286

My honest opinion is all making use of MOU and Vaccine news to goreng their prices. They saw how Bintai do it, so they all follow. How many really serious about actually doing vaccine? I can only say Kanger and Solutions got preparations so far. The rest all goreng on news.

Just with MOU want to start trials. By the time trials over, anlaysed and approved, it will be dunno how many months later in 2022 kut.
07/12/2020 12:12 PM

Veterans here hold hundreds and millions of shares not worried cos no need contra. hahaha...

It is like I tempah a car provided approved by RTD.

Ordered but subject to approval.

Malaysia will not allow ANY vaccine to be imported until approved by NPRA. So far, none approved yet. Many countries take risks cos their Covid19 cases very high. Malaysia still can wait as its cases is low.

I think of so many possible scenarios and possibilities...from now until next year. So I die die not selling.

Actually very simple. Kanger never went up drastically, how to come down lagi? Maybe 1 or 2 sen. Nothing more.

Top Glove sure got movements...downwards. Hahahaha

Why Pfizer need legal indemnity?
------------------------------------------------------------

In a press conference with journalists on Wednesday, Ben Osborn, Pfizer’s UK managing director, refused to explain why the company needed an indemnity.

He said: “We're not actually disclosing any of the details around any of the aspects of that agreement and specifically around the liability clauses."

Asked about when the full data on the vaccine’s clinical trial would be published, the company said this was still being worked on.

https://www.independent.co.uk/news/health/coronavirus-pfizer-vaccine-legal-indemnity-safety-ministers-b1765124.html

Nur Jazlan is the new Chairman of Kanger. Appointed in September. He is the former Deputy Home Minister. It would be very surprising if he does not own any shares.

Kementerian Kesihatan Malaysia (KKM) ingin memaklumkan bahawa sehingga kini, Bahagian Regulatori Farmasi Negara (NPRA) masih belum menerima sebarang dokumen daripada syarikat Pfizer untuk penilaian pendaftaran dan pengujian produk vaksin COVID-19 sekaligus tidak mempunyai sebarang maklumat berkaitan isu masalah pembekalan dos vaksin tersebut sebagaimana yang dilaporkan. Walau bagaimanapun, KKM akan sentiasa memantau perkembangan produk vaksin COVID-19 oleh Pfizer dan mendapatkan maklumat lanjut mengenai perkara ini.

Adalah menjadi tanggungjawab NPRA, KKM untuk memastikan sebelum sesuatu produk didaftarkan untuk dipasarkan di Malaysia, ia perlu terlebih dahulu melalui proses penilaian dan pengujian berasaskan prinsip-prinsip kualiti, keselamatan dan juga keberkesanan. NPRA juga memastikan kualiti, keselamatan dan keberkesanan vaksin serta ubat-ubatan yang berdaftar sentiasa terjamin melalui program pemantauan mutu produk berdaftar dan farmakovigilans. Pihak KKM akan memaklumkan perkembangan terkini kepada orang ramai dari semasa ke semasa.

TAN SRI DATO’ SERI DR. NOOR HISHAM BIN ABDULLAH

KETUA PENGARAH KESIHATAN MALAYSIA

6 DISEMBER 2020

AntiVax spotted

My best guess is Mr Wu transferred his shares to someone through open market at a predetermined price. Last month, he disposed 90 million @ 0.17 and now 150 million also @ 0.17, total of 240 million shares. He is no longer the substantial shareholder now. Let's hope all this is over and now Kanger prices is free floating.

Did you guys realise the announcement did not mention Cansino?

Looks like Mr Wu has disposed off all his shares in a controlled price range manner.

One big round of wiping off weak holders.

Official halal status or no choice but to use is important but what is more important is people preference to choose which one they want. Of course it must be approved one.
It is like when we go overseas, we have problem to find halal restaurant, so we choose the next best thing ie middle east restaurants. If still cannot find, we go eat japanese seafood. Correct?

Different people, different strategies. Some not interested in spreading out investments, some prefer to put all in one counter. Some can afford to lose, some are here for fun. Some gain RM1000 damn happy, yet some say don't waste my time.

So when people say they no agree with you, don't be angry. It is afterall you make money you no share and they lose money, it is their money, their strategies.

@eyehunher...you bought a lot in Kstar ah?..so cheap sure huat one. Today they drop 29%. Good bargain ma.

Able to make money is good counter, Unable to make money is bad counter. 4 Ekor, Damacai, Sports Toto all very bad. But people still buy from them.

Collection day before vaccine approval

Pfizer Slashed Its Original Covid-19 Vaccine Rollout Target After Supply-Chain Obstacles
Pharma giant expects to ship half the doses it had originally planned after finding raw materials in early production didn’t meet its standards

(Bloomberg) -- Pfizer shares fell as much as 3.1% after Dow Jones reported that the company expected to ship half of the Covid-19 vaccines it had originally planned for 2020 because of supply-chain problems.

https://www.msn.com/en-us/money/markets/pfizer-shares-fall-after-dow-jones-reports-supply-chain-problems/ar-BB1bBWcy

Last time, everyone wants to make gloves, now everyone want to do vaccine. Tomorrow everyone want to make babies...hahaha..