Precisely, it needs money and Bintai, if it agrees, will provide for that. But only if vaccine is a success.So far, no news far or near, so how?

MoU again and again. Nothing concrete if it is only glorified promise lah. Only those who don't understand will chase

@
ThousandWishes Both Seagate & WD are in SSD after some acquisitions. Like all other disruptive technologies, in both SSD & electric vehicles mechanical metal parts are vastly reduced. Is there any spindle in static SSD?

No but I don't think JCY is the type to sit on their laurels and wait for the sky to fall. Right now, the bulk of their biz is from enterprise HDD, I think. Which is good for another one or two financial years

@
ThousandWishes Say whatever one wishes to say. The fact is the future of JCY isn't with HDD where margins are razor thin. It's with precision metal casting where currently HDD is the bulk of JCY business. Hopefully its auto business (plus other sectors) would flourish even though with electric vehicles turning into mainstream hopefully soon the number of metal parts would be drastically reduced. Whether one likes it or not, HDD would be history in future like floppy drive. When is the future is everyone's guesses.

Correct, except that they have also investments in SSD parts supply I believe. Right now, although personal device HDD have greatly been impacted, industrial HDD are very much in high demand. Check the earnings and demand for Seagate and Western Digital

There is a difference between investing on facts and gambling on rumours. If facts are presented, it doesn't meant people are spreading negative news. If people are spreading negative news, then dissect it and see if there is any shred of evidence. Investing hard earned money is not done on beliefs and assumptions. It needs concrete evidence of profitability. As a former, I think rather than brush off this and that (except when people rattle off nonsense unrelated to this), why not everyone start digging up facts on this company? And its venture-company, Generex? Two things will at least happen - one, people will not just pump and dump because we are collectively smarter. Two - the owners of the company will dare not fool around and be made accountable for the claims and rumours about the company - who knows, they may engage in better investor relations.

Today ends the cycle of its drop. You should see some upward movement tomorrow, with gains in strength next week to be likely. Immediate target price points are 0.724, 0.775, and 0.85.

@calvintaneng What is Bintai?

Neoh's book, not sure if it is still available, is a good read. Those days, traders dont have software help charts. They do a lot of homework. Read and read and buy. Now, it is easier. To find out anything, just google. In this case, people jump on the bandwagon or any topic to try make a wild guess and some got burn, some singed, and some untouched and made profits. Way I see it, just do the homework. Google down the company, and the subject of interest. If you dont become a good investor and make money, at least you wil be rich with knowledge than can be used in the future. In Bintai's case - just read what Bintai is doing, what it will do and with whom. In this case, Generex. Then read up what is Generex, what it is doing and what is the outcome. Then look for confirmation in people's confidence in what it is doing - ie. reflected in its stock price. If it is on the right track, investors - or venture capitalists - will move in even before you an I hear of rumour. So look for these investors by monitoring the releases and stock price. It will give you more confidence - or not - to put your money where you think will be profitable.

Buying opportunity, boys. Wait at 0.62, perhaps.

There is no vaccine yet. Only claims that what Generex vaccine is composed of and used. It has not proven itself, so why are everyone so caught up about this? If you bought in after the agreement signing between Bintai and Generex, you should also read what the agreement comprises. Buying without research is like throwing money away.

@zhm540 Bintai has the right to produce vaccine under Generex license and has the right to distribute to Malaysia and other countries. So what do you expect government to do? Buy imported product or use locally produce vaccine?
22/09/2020 9:05 AM

Correct. They also have first right not to go through with the deal which is why Bintai is also not dumb enough to circumvent any problems. Way I see it, they know what they are doing and must have done some due diligence first before signing.

@eYuppie With its signing agreement on the vaccine, today its stock price still slightly down by 0.005, cannot understand coz thought that it would shoot up high, why?

Because the vaccine is still being developed. No company in the world has successfully created a safe vaccine to be used worldwide. China leads by preempting need for more safety tests. Astrazaneca halted its human trials because of some unexplained side effects but is now back on track.

As to whether who can distribute Covid vaccine in the country, Duopharma and Pharmaniaga are appointed ones. You need to understand if Bintai is working with Generex for what kind of vaccine for Covid. If Bintai is not confident, would the directors be so dumbassed to have signed this agreement? We are not talking playthings - people talk in forums as if they are on the board of directors and in command of due diligence. As if the board of directors dont know that Pharmaniaga and Duppharma's roles in this latest race for vaccine distribution, and knowing they cant distribute as claimed, still go ahead and sign a binding agreement and be liable to pay millions of dollars. It would look dumbassed wouldnt it?

@lunalight https://www.theedgemarkets.com/article/bintai-kinden-be-licensee-covid...

this is the first locally verified story. All else are rumours

@DrJoel88 Furthermore, this is a signed non binding agreement. So yeahh, no guarantees
21/09/2020 12:41 PM

It's a binding agreement according to this which was shared earlier:

https://storage.googleapis.com/wzukusers/user-26831283/documents/155c2d8a463249f59120eeadfe614b8a/PR_Bintai_Generex_Coronavirus%20Vaccine%20Addendum%20Signed.V2.9%2017%2020.pdf

"Through the collaboration, which is for an initial period of five years, the digital platform developer of eConfirm.my would help transform the iconic Yellow Pages Business Directory into a digital business community of e-marketplace."

Does anyone understand what this sentence means? People keep bashing Yellow Pages as being passe, but does anyone understand what Appasia is aiming for, at revenue-sharing basis here? We are talking at the first business directory with a huge database extending 40 years, and till now. Anyone who are in the tech business will surely know that content is king where social media is concerned. But for e-market places, if you are starting out big, wouldn't you also want to work with existing Yellow Pages' business data rather than harvest data on your own?

@
azee https://klse.i3investor.com/blogs/tradeviewe/2020-09-14-story-h1513492...

Next week maybe. Not today. No smartmoney looking at it.

Read the charts - volume momentum is still strong. Exchanges in single level prices are not noticeable contributors but it may hit 0.72 again today. Let's watch if it does

@jungleboy - that is correct. This is a monopoly business, the e.confirm. Probably it will also go to regional countries. Any country's company who is in Malaysia doing business here and have used the facility would easily be good referrors for Appasia's product/service back in their own countries. Commonsense

A nice candle forming above the 68.8% Fibo level. If it breaks the 0.70 limit by 4pm, it should clear the next level of 0.76

Excellent momentum powered by some news perhaps. Tested 0.68 twice. Should break it to head for 0.72 again

@
TradeIsLife @Bowman, can you summarize your views for us after you have heard the conference call.
Especially the part on 3:07

Sorry, not my job. When investing, one should do proper research, open both eyes, only then can one invest profitably.

It's just a gamble without research. No announcement of when vaccine is coming, at what stage, and certainly, whether the MOU will turn into a more committed agreement.

You guys should listen to the Investor Call made on August 26 by Generex. Pay attention to that part on 3:07.

https://storage.googleapis.com/wzukusers/user-26831283/documents/cbc061211d924de6965e51546c250b44/Investor_Call_08_26_2020%20(2).mp3

Should breach 72sen in the afternoon.

@
damansaraeagle strong purchasing by some quarters.

Really?

Momentum is building up. You need to wait afternoon to see the rise. Today is Monday, anything can happen.

10 more sen to limit up??

@
lgimm2453 This link has positive news on Generex:
https://seekingalpha.com/article/4373034-generex-biotechnologys-covidm...

Here, this is something you need to know about seekingalpha.com

https://www.google.com/search?q=seeking+alpha+website+reviews&oq=seekingalpha+website+&aqs=chrome.1.69i57j0l4.7874j0j15&sourceid=chrome&ie=UTF-8

@
Kok Heng Actually i dont care about yellow pages, i love econfirm
09/09/2020 1:06 PM

Now that's a good approach. So what if it's now this level - if you have money, can even top up. Very little has changed. As businesses open, e.confirm will have to be used by the group of banks now clients. More will join in as the MIA will sell it. So, if fundamentals don't change, what is there to panic? Panic for some is opportunity for others. Keep a level head. Then you may survive this. This is nothing yet, not even close to 1997 bloodbath.

70sen.wait there if you still believe in this stock.

If you are in no hurry to part with your money, wait at its July 22 price @ 0.92-0.95. That is the realistic price. So far its profit only up 60+% while are making twice more. That will give you an idea of how to position. One day rise in Europe does not mean summer is here.

Slide will continue. Right now, retailers are eating up each other. Funds are staying away still.

Look at last Friday, this + sign appear. It reads of indecision. People are sensing what was coming. The following Monday, it opened 1.44 and hit a high of 1.48 before dropping to 1.28 and saved to the close of 1.33. Tuesday's performance was almost similar and today, Wednesday, more or less the same. Volume was also not big but it tells of retail players who do not have means to hold to eventually cash out. Tomorrow, more likely it will remain unless the Dow and Nasdaq hits a high again. From what is being seen on US channels, I think very unlikely sentiments will grow suddenly bullish - September is not a good buying month, now made worse by the US-China scuffle. As US nears its elections, more volatility can be expected. At the end of the day, analyse HLT's fundamentals. What is its orderbook and how much investment into future production is it undertaking - and will this future investment (setting up glovelines of its own) prove to be its Archilles Heel, knowing that the gloves business is getting saturated and a production line needs about a year to get running to a max? Do some homework during a time like this - fretting and praying wont help. Panic usually follows lack of knowledge.

As expected it hit a low of 0.82. If Dow is red, you can look at 0.78-0.79. This counter needs another 6 months to prove itself and with the recent KMC problem,odds are piling up against a move upwards

So far it has lost almost 50% of the Smartmoney. If support of 1.05 broken, freefall can be expected till 0.95. Waiting there is not too late - fundamentals have not changed, only perception - which is triggered by see global selldown

@blind3co Htpadu ringan number of shares tk besar easily can go up but share price already tinggi unlike iris diamond in the making.. Price not so high

Iris is an oldie. If it was a diamond, it would have shone a long time ago. But the Indian engagement looks good - but I doubt a 40% margin as its earnings. 25-30% more realistic. This is an entirely new market with its ups and downs. India is not the easiest country to do business with

HItechPadu aldo in the run for NIIS apparently, so the market is quite competitive. Until you know for use who is getting, speculation is useless

watch your blood pressure folks. with so much hate, don't get a stroke or you'll add to market red already.

Step back a bit, guys. Isnt that a penant formation?

@High5 KUALA LUMPUR: AppAsia Bhd has sealed an agreement with Telekom Malaysia Bhd to develop the Yellow Pages digital platform for an initial five years.

For all all it's worth, the Yellow Pages before advent of the Internet is the default reference for businesses and over the previous millienia, it has collated a huge database of businesses in various categories. If you look carefully into it, that is the content TM is touting. If this can be digitised, imagine the database of information to various businesses that can be categorised, for advertisers to reach out to. In investing, I think there is no need to feel panic when the market is red. If you know your stuff and rely less on rumours from people who know next to nothing, then youdont have to worry. Just rely on the facts. Look into the past and how search engines grow - before Google, there were many others - Yahoo, Netscape, Metacrawler and even one Dogpile which runs several search engines in one search. What is Dogpile doing that others are not? Deep mining the engines (database) of those engines. Today, Google does that with new technology. When Google started, would you have given it any chance if it was ranked between Yahoo, Netscape, or even Metacrawler?

@
JXnotJAX with Mara's help, can econfirm become something compulsory for audit firms moving forward?

It doesn't need Mara. Mara is merely one substantial shareholder. The eConfirm has been endorsed by the industry. This will be the reference point for it to take off to regional countries. Dont forget, major audit entities also have Asean presence, if not bigger regions. That is enough for now. With eConform having its own legs to grow, I am sure Appasia is moving to other stuff, including the rumored work with TM. Estimates for the next two months should be around 90-110 in price. Dont forget, Rakuten was among first top funds to identify its potential. Maybe Credit Suisse will also be eyeing a piece of the pie.

No hurry guys. It's around the corner. Who knows, maybe this week?

@JXnotJAX My current tp for this 1.5 now, 2.0 if they get overseas for econfirm.my

Heard they are going to Singapore. Anyone confirm?

bankers's market @ 385, 390, 395 - boys, volume is here. Good luck everyone

There is probably another big project in the works, but two in a matter of four months is good enough to propel it to the RM1 stock

if you know about TM's Yellow Pages, then you know how big it is for Appasia. Good job for this small company!

Did you all pay attention to yesterday's 390-395 trade that lasted nearly 60min? That's your indicator.

Look at its product, then you know how much it is worth. Regardless of economic situation, banks need audit confirmation and this one they are selling makes it easier. Fact that they are working with MIA will allow quicker adoption. They will probably use the same model when they market regionally. And only there are two such providers in the world and they are one.

"The five companies that have shown stable earnings in the recent past are Lambo Group Bhd, Borneo Oil Bhd, Iris Corp Bhd, KNM Group Bhd and Bioalpha Holdings Bhd."

From here:

https://www.theedgemarkets.com/article/cover-story-these-penny-stocks-are-actively-traded-are-they-any-good

If today closes 0.42, tomorrow can expect even better

Data show very good signs of smartmoney the last 45min.. short MA cutting upwards longer MA. The show has begun. Those who know charts can confirm? Thanks