Posted by NPRA1985 > 2020-12-05 01:36 | Report Abuse

DUBAI: Bahrain said on Friday it has granted emergency use authorization for the Pfizer/BioNTech COVID-19 vaccine, becoming the second country after Britain to approve it.

The kingdom had also approved Sinopharm’s COVID-19 vaccine in November for use by frontline workers.

https://www.arabnews.com/node/1772516/middle-east

Posted by NPRA1985 > 2020-12-05 01:48 | Report Abuse

South Korea reaches deal to buy AstraZeneca's Covid-19 vaccine candidate

https://www.straitstimes.com/asia/east-asia/south-korea-reaches-deal-to-buy-astrazenecas-covid-19-vaccine-candidate

Posted by Bemillion > 2020-12-05 08:59 | Report Abuse

Recap

Friday, December 4th, 2020 at , Business | Markets

by AZALEA AZUAR/FILE PIX
INIX Technologies Holdings Bhd has signed an agreement to acquire a 51% equity interest in L&S Gloves Sdn Bhd, as part of its ongoing efforts to tap into the rubber glove industry.

Inix in a statement today stated that the ACE Market-listed company had paid a 45% deposit to purchase L&S Glove, which has two production lines in its factory in Beranang, Hulu Langat, that are in production.
Newly appointed chairman Tan Sri Mohamad Fuzi Harun said the two parties agreed to sign a formal memorandum today, following a site visit to L&S Gloves’ factory by Inix’s directors yesterday (Dec 3).

Inix vice chairman Datuk Tan Choon Hwa said the company had been actively seeking to develop new business and create company value over the past few months, including an entry into the rubber glove industry.

Posted by Bemillion > 2020-12-05 09:00 | Report Abuse

Next week likely limit up........ Yessss better buy tickets while can

Posted by MrChua > 2020-12-05 10:27 | Report Abuse

https://themalaysianreserve.com/2020/12/04/inix-acquires-51-interest-in-ls-gloves/

Good news for everybody. Especially during this pendemic time.

Posted by Saro1234 > 2020-12-05 10:31 | Report Abuse

Wah! Nice one. Means the stock price will rise, right?

Posted by MrChua > 2020-12-05 10:35 | Report Abuse

Definitely!

Posted by MissMimi > 2020-12-05 10:41 | Report Abuse

Kira berita baiklah ni... Harap akan terus naik dan naik dan naik lagi... Timing cun, hujung-hujung tahun ni...

Posted by MrChua > 2020-12-05 10:46 | Report Abuse

Yup, better buy while u can. Untung woo.

Posted by MrChua > 2020-12-05 11:02 | Report Abuse

真金不怕红炉火，终于证明这家公司有实力，实实在在的去经营手套工广，14条生产缐，如果以其他手套股比较，inix价格还是太便宜了，值得进场。

Posted by Batmanreturn > 2020-12-05 12:12 | Report Abuse

I heard that they will be top four glove producer by this year. Their volume is huge.

Posted by Survivor13 > 2020-12-05 12:42 | Report Abuse

go go go Tp RM 3.50

Posted by AzrielAnwar > 2020-12-05 14:35 | Report Abuse

rilek kursi255. standard la counter goreng2 Kasi hangiiitttt

Posted by NPRA1985 > 2020-12-05 14:37 | Report Abuse

500 million vaccine doses in Q1 2021 closer to reality, says WHO

https://www.freemalaysiatoday.com/category/world/2020/12/05/500-million-vaccine-doses-in-q1-2021-closer-to-reality-says-who/

Posted by YuHainTeck > 2020-12-05 15:15 | Report Abuse

@kursi255
I know you have lost a lot in INIX but it serves you right. Nx time stick to basic investing....Buy Low Sell High....
One more thing...stop being a sore loser and a bigot.
Ok moron??

Posted by Wong Kah Wei > 2020-12-05 15:34 | Report Abuse

Limit up Mondays 0.33+0.3 hooooreee 0.63

Posted by Jason5889 > 2020-12-05 16:41 | Report Abuse

A: Inix Technologies Holdings Berhad (0094) on a steady pathway into the Rubber Glove Industry

5 Dec 2020

Inix Technologies Holdings Berhad (“INIX”) have just paid a 45% deposit to acquire 51% stake of L&S Gloves Sdn Bhd as part of INIX’s plan to penetrate into the lucrative rubber glove industry. L&S Gloves currently has 2 rubber glove production lines producing 120 million pieces per year and with the injection of funds from INIX, will increase an additional 14 lines for rubber and nitrile gloves, increasing its its production capacity to 960 million pieces per month.

In addition, a trusted source has revealed that INIX is currently in talks to takeover another existing company with 16 production lines which will increase INIX’s overall capacity to 1.92 billion pieces per year.

This move to purchase existing production facilities with an existing experienced management team reduces the turnaround time on production and helps the company avoid having to go through the initial learning curve.

The management of INIX firmly believes that even if the vaccine for covid is found, the demand for PPE like gloves with continue to sustain. Nonetheless, it is rumoured that INIX has also secured the distributorship of covid vaccine from 3 chinese pharmaceutical companies and necessary approvals from the health ministry and will be kick starting clinical trials soon.

INIX is currently traded at RM 0.33 cent prior to the addition of its new venture into the glove industry and and with this new investment it’s TP is anticipated to rise to at least RM1.50.

Compared to other new entrants to the glove industry which has made announcement of intention has yet to start production such as AT Systemization, INIX is a better choice as it will have an existing production facility from this purchase.

Posted by kira2688 > 2020-12-05 16:43 | Report Abuse

@jason5889 bro where you got these info?

Posted by Jason5889 > 2020-12-05 16:48 | Report Abuse

@kira2688 I got my sources la bro

Posted by Darren87 > 2020-12-05 16:50 | Report Abuse

Monday hoot9e,limit up

Posted by simon77 > 2020-12-05 17:01 | Report Abuse

yes, this time got talk and also got action, this weekend prepare for monday rocket ship

Posted by winccc99 > 2020-12-05 17:12 | Report Abuse

I bought some quietly last week already, next week just waiting to fly

Posted by kira2688 > 2020-12-05 17:15 | Report Abuse

let's go go go

Posted by Bemillion > 2020-12-05 17:25 | Report Abuse

Hahaaa booster poiwer on..... Whoii kursi255 you re doomed... Mind your language... Or get lost fm here if u do not respect others..

Posted by Bemillion > 2020-12-05 17:40 | Report Abuse

Kursi255 my advice to you please be respectful and avoid foul languages

I3 forum that supposed to be a site to share idea, info and professional TA.

However now you turn it to become a site that seems like a warzone between cheerers and haters.

Firstly the investment should be the personal decision, no point to finger point who is right or wrong, even WB also lost in investment.

Trading is own decisions

Posted by Wong Kah Wei > 2020-12-05 17:59 | Report Abuse

i3 pls ban kursi255 syaitai .

Posted by Batmanreturn > 2020-12-05 18:10 | Report Abuse

Kursi u dont know anything and simply say. Really like from pasar. Now inix got glove factory lah.

Posted by Bemillion > 2020-12-05 18:39 | Report Abuse

Kursi255..u re disgusting. . Arrogant lot and naive.
Pls be informative. We here will asses the input.. that traders put here .we share....but ur language is like barbarian... No sense and provocative .... Shame on youuuu

Posted by Bemillion > 2020-12-05 18:41 | Report Abuse

Me too mata sepek so what the fuss... U nake me angry bro

Posted by pineapple8888 > 2020-12-05 19:49 | Report Abuse

Kursi255 just for your info, Datuk Tan on 9 Sep although jual all shareholding that is 2,000,000 shares, but, Tan Mei Ting has bought 22,301,000 shares on behalf Datuk Tan on 26 October. Do go and do homework before talking nonsense. I believe it will fly and fry haha

Posted by Bemillion > 2020-12-05 19:52 | Report Abuse

U correct pineapple..agreed with u

Posted by Bemillion > 2020-12-05 19:53 | Report Abuse

Monday limit p let the market dictates the journey..yess

Posted by pineapple8888 > 2020-12-05 20:04 | Report Abuse

Although holding little shares but once got good news coming also will feel happy

Posted by YuHainTeck > 2020-12-05 20:24 | Report Abuse

Do you honestly think when they gave SIS at 20c earlier and then 24c later on for nothing? They wanted to reward their loyal employees.
As I said earlier....it is ridiculous to think that when they announced such big news .....and the share price is moving higher and higher up.....Datuk Tan does not own any shares?
As a matter of fact... he owns a lot of shares under proxies bcoz he knows what is going on in the company and he knows where the company is heading in future.
Only the naive and the gullibles failed to see this happening.

Posted by pineapple8888 > 2020-12-05 20:27 | Report Abuse

Tp already out. Next year first quarter rm1.50 hooray!

Posted by Bemillion > 2020-12-05 20:42 | Report Abuse

It seems... Monday limit... Up.. yess

Posted by Jom_Terbang > 2020-12-05 21:37 | Report Abuse

Monday Inix will terbang!! No doubt on that

Posted by mejarglory > 2020-12-05 23:17 | Report Abuse

inix and yongtai.which one better?

Posted by Jom_Terbang > 2020-12-05 23:46 | Report Abuse

I will believe Inix due to:
1. The price yet to surge
2. Confirm glove production factory
3. KKM letter to supply vaccine (yet to announce)

Posted by MrChua > 2020-12-06 11:14 | Report Abuse

Cant wait for tomorrow... Lets rise together...

Posted by Jom_Terbang > 2020-12-06 11:42 | Report Abuse

Let’s hit 0.5 first

Posted by YuHainTeck > 2020-12-06 12:13 | Report Abuse

Tomorrow will open gap-up and will break the 50c level and then possible Limit Up to catch up with other 'glove' counters. There is also high possibility that INIX might open straight Limit Up at 63c. Lets wait and see tomorrow. INIX is indeed a laggard 'vaccine' & 'glove' stock.
The naysayers and the skeptics are already crying in frustration.....LoL.

Posted by DawscpJ > 2020-12-06 12:20 | Report Abuse

this counter is related to vsccine or glove ??

Posted by Jom_Terbang > 2020-12-06 12:43 | Report Abuse

Dawscpj, this counter have both. So far they only announce the acquisition of glove factory, believe soon they will announce about vaccine

Posted by Bemillion > 2020-12-06 13:31 | Report Abuse

TP .63 tomolow

Posted by Bemillion > 2020-12-06 13:32 | Report Abuse

Then another TP...tuesday .93

Posted by Bemillion > 2020-12-06 13:33 | Report Abuse

Will be like solution.the indicators are there

Posted by Jjhanuo > 2020-12-06 13:35 | Report Abuse

So sad for anyone who didnt cash out on friday, there will b nothing left on monday.. All the way to holland

Posted by MrChua > 2020-12-06 14:22 | Report Abuse

INIX (0094) VS AT (0072)

SHARE PRICE AS 04/12/2020
- (INIX) RM0.33
- (AT) RM0.195

MARKET CAP AS 04/12/2020
- (INIX) RM154 MIL
- (AT) RM646 MIL

GLOVE PRODUCTION STATUS:
- (INIX) STARTED 2 PRODUCTION LINES.
- (AT) TO START 1 PRODUCTION LINE BY MID DEC 2020.

EXPANSION PLAN:
- (INIX) BY JUNE 2021 INCREASE TO 14 PRODUCTION LINES.
- (AT) BY JUNE 2021 INCREASE TO 13 PRODUCTION LINES.

EXPECTED ANNUAL PRODUCTION:
- (INIX) 1.92 BILLION OF GLOVES PER YEAR.
- (AT) EXPECTED 2.08 BILLION OF GLOVES PER YEAR.

CURRENT BOARD CHAIRMAN:
- (INIX) TAN SRI MOHAMAD FUZI HARUN (FORMAL POLICE NO. 1)
- (AT) DATO' NIK ISMAIL BIN DATO' NIK YUSOF

Posted by pineapple8888 > 2020-12-06 14:41 | Report Abuse

Jjhanuo, nothing left you meant go to 0? Funny siao now 0.33, and factory started then go to Holland are you funny?