Govt allocates an additional RM1 billion to curb the third wave of Covid-19, comprising:

i) RM475 million for the purchase of reagents, testing kits and consumables for the Ministry of Health.
ii) RM318 million for PPE and hand sanitisers for MoH frontliners

WOWWWWWW.
Nexgram should be gap up. The tapai that is under fermentation is getting sweeter. He He

Yes. Get ready tapai masam for the directors for this AGM

Venturing in healthcare businesses should be a good investment by the coy. Not for Covid-19 businesses alone such as face mask, gloves, Covid-19 test kits and medical gown (this business maybe can be a sunset business while the Covid-19 was over) but if they can manage the investment wisely, they may continue to supply gloves and exploring and progressing in other healthcare businesses such as supplying medical equipments and vaccine related products via its subsidiaries.
Furthermore, its logistic business is a profitable business and the coy has a secured RM100 mil + contract to joint venture in Gua Musang highway construction.

Future prospects for the company are good....

I think the most problematic issue concerning the lag of Nexgram share price appreciation should be the lack of trust in the company by bilis investors and the operator.
From the past, Nexgram always showed the bad management of the company's project. Ventured in many projects, some of it was a big project but the projects cannot be materialised or unprofitable and its also involved in fraud case. It is hard to earn a trust from others.

For me, forgone the past as the new management had shown more reliable and progressing results.

The market price of the coy in May 2017 was around 19 sen.

@Cojack31. Agree. As someone had mentioned earlier, maybe they had maintained the price to be lower to make sure they can issue the PP and ESOS at a low price.

Usually, is it any possibility that they are going to support the share price to make sure the listing of shares under ESOS is a success ????

I hope the ESOS saga will be ended soon. From my observation, the balance from the 400 mil ESOS is another 230 mil. Is it true?

Next quarter will tell all. Despite its without MAPU (Indonesia) contract contribution as the selling from the contract will be started only in November 2020, at least its will show the the progress of another covid-19 businesses.
-------------------------------------------------------------------------------------------------

TRI-G is currently already distributing Malaysia Medical Device Authority (MDA) special access approved Novel Coronavirus (2019-nCoV) IgM/IgG Rapid Test Kit to medical centres right after 18 March 2020 the start of movement control order (MCO).

The company subsidiary Tri-G Technologies Sdn Bhd is part of Nexgram Biomedic Group, which is also a Medical Device Authority (MDA) licensed company which distribute Covid-19 Rapid Test Kit (RTK) and PCR systems for swab tests to hospitals and clinics in Malaysia.

The company Indonesia subsidiary was awarded Covid-19 Test & E-Certification contract to service over 1,000,000 Indonesia labours, and connected to over 200 hospital and labs in Indonesia.
06/11/2020 9:10 PM

Kalau tambah ragi pun belum masak lagi, peram dulu. I can wait. No sell no loss. He He

Sorry guys. Chill already. He He

On lives, Tay said the government is expected to increase resource allocation to the public healthcare system, especially to frontliners, and to purchase personal protective equipment which is important to control and manage the COVID-19 incidences.

SHANGHAI (Oct 8): Shanghai Fosun Long March medical Science Co, Ltd (Shanghai Fosun) PCR reagent received emergency use approval and increased supply to Malaysia through authorised distributor Tri-G Technologies, a subsidiary of Nexgram Holdings Bhd, in view of Malaysia rising cases nationwide including more cases in Sabah, Selangor, Negeri Sembilan and Pulau Pinang.

Kuala Lumpur, Malaysia (Nov 5): Nexgram Holdings Bhd (Nexgram) today secured National Security Council (MKN) acceptance for the use of Covid-19 electronic health check system for all nationwide borders, including inbound and outbound travellers.

On July this year, Nexgram announced collaboration with the Malaysian Tourism Council (MTC) to roll out Tracvirus e-certificate Covid-19 Test for 3.5 million tourism workers. The company had secured connectivity in foreign countries and shall be used in Indonesia, Hong Kong, Taiwan, Arab Saudi and most of European countries.

28/10/2020 · The company Indonesia subsidiary was awarded Covid-19 Test & E-Certification contract to service over 1,000,000 Indonesia labours, and connected to over 200 hospital and labs in Indonesia. MBI is a subsidiary of Nexgram Biomedic, a part of Nexgram Holdings Berhad (Nexgram Group). Mico BioMed manufactures medical equipment.

gEEERAMMMM NI @8Dragon

Repost: Big News #ONE, Big News #TWO, and Big News #THREE

https://nexgram.co/2020/10/28/mico-biomed-rt-qpcr-covid-19-solution-is-ready-for-1-million-indonesian-labours-through-medical-brands-inc-nexgram-biomedic-unit-inked-strategic-cooperation-head-of-agreement-12-october-2020-press/

https://nexgram.co/2020/11/06/nexgram-inked-letter-of-acceptance-by-mkn-to-use-tracvirus-electronic-health-check-system-for-inbound-travellers-for-ministry-of-health-moh-5-nov-2020-material-press-release/

https://nexgram.co/2020/10/08/fosun-malaysia-covid-19-pcr-distributor-nexgram-received-emergency-use-allocation-to-malaysia-supply-to-sabah-selangor-negeri-sembilan-and-pulau-pinang-swab-test-secured-8-october-2020-press-rel/

@8dragon. Agreed

Ada berita baik, peram. Last three big announcements just published in their Website. Without announcement in other media or giving press announcement. Pity.

Look at AT, Solution and Bintai. The big news automatically reported by TheEdge.

The annoucements supposed to be promoted positively and widely. Nexgram's management is lack in this marketing strategy. Sigh

wow.

Gooo Nexgrammm

and option of extension term for another twenty-four (24) months subject to the mutual agreement of both parties.

The allocation of the 2021 budget for healthcare and vaccine probably to be increased. Is it positive to Nexgram?

Hold tight. Peram dulu. No sell no loss.
If down to 2.5 sen, plan to top up some more.

hold tight

hold tight

Weak marketing strategies.

A share consolidation is the opposite of a share split and, indeed, is sometimes referred to as a reverse share split. A share consolidation is where a set number of existing shares in a share class are consolidated into one share. Like a split this will not change the shareholders’ rights, meaning that following the split the rights to dividends and voting rights will be unchanged. It merely alters the number of shares and the nominal value of each share.

Its balance sheet is clean without accumulated losses, therefore no need to execute capital reduction.

share consolidation without capital reduction should be okay.

Directors and the coy's employees are eligible for the ESOS. Its shows their selfishness.

Manipulate the share price so the insiders of the coy can make profit by buying new shares under ESOS at a cheaper price..

@Moneyfind44. 345 million left based on 400 million number of ESOS Options offered on 16 Oct. 2020.

Kena ikuut nasihat @TunPika dan papaya. Nexgram ni kena peram dulu. Kalau tak paka strategi tu memang akan sakit jiwoo.

MiCo BioMed develops kit to detect coronavirus within an hour

http://www.koreaherald.com/view.php?ud=20200205000408

Financially, this company is not so lousy but the objectives of the management in managing the coy and current state of the coy such as the vast quantity of the shares and the widely spread of shareholding will affect the appreaciation of the share price.
After all, the demand and supply of the shares will determine the share price. The demand and supply of the shares also can be played by the operators. In the current situation, I totally agree with Will188, the manipulative trading by an/some operator(s).

@papaya. Sudah melalut jauh nampaknya cerita pasal TAPAI. He he

Ragi (yis) yang baik, nanti tapai pun jadi manis. Orang pun mau beli, boleh jual harga tinggi.

Mintak mintak jenis ragi (yis) yang dia orang tunjuk sekarang betul-betul ragi yang baik. Jangan tipu lagi sudahlah. He He

@papaya. Simpan tetap simpan. Jadi tapai masam ke jadi tapai manis ke. Tak taulah ! ! !.

I think the announcement will be released this week.

Good afternoon @OKU-2020. Bit by bit its show the improvement.

It's a good information. Thanks @Penstealer.

Nenen. Nenen. Bangun baby

Baby Nexgram. Tido. Belum mahu menyusu.

Thanks papaya.