Posted by NPRA1985 > 2020-11-28 20:39 | Report Abuse

Malaysia’s agreement with Pfizer void if Covid-19 vaccine fails to be registered with FDA, NPRA — health DG

Malaysia’s preliminary purchasing agreement with pharmaceutical company Pfizer will be void if the latter’s Covid-19 vaccine fails to be registered with the US Food and Drug Administration (FDA) and Malaysia’s National Pharmaceutical Regulatory Agency (NPRA), health director-general (DG) Tan Sri Dr Noor Hisham Abdullah said today.

Azrul said Galen is also concerned about the logistical burden to be shouldered by the MoH because the vaccine requires ultra-cold storage of -70°C, a capacity beyond most existing primary care healthcare facilities.

Therefore, the MoH would be reliant on the availability of suitable storage units at the state level to ensure that the vaccines' cold chain is not interrupted, according to him.

"We expect the most challenging part of the process to be the delivery of vaccines to rural areas. Due to limitations and pragmatic concerns, will urban areas end up being prioritised over rural areas?” Azrul asked.

Azrul said Malaysia needs to review its Budget 2021 allocations, especially those related to Covid-19 vaccination because the scheme involves more than just the cost of the vaccine but also supporting infrastructure expenses.

He said the country needs to ensure that the MoH gets the necessary funds and manpower needed to hit the ground running when the vaccine becomes available in 2021, especially since this vaccine has specific logistical and storage requirements which require investing in related infrastructure and training.

"Are we going to acquire Pfizer's special ice boxes? Have we allocated for the record-keeping system? As it stands, we do not believe that the existing allocations are adequate for the purpose. The health allocations need to be reviewed and increased," Azrul said.

https://www.theedgemarkets.com/article/health-dg-malaysias-agreement-pfizer-will-be-void-if-covid19-vaccine-fails-be-registered-fda

Posted by Gabriel Khoo > 2020-11-29 16:00 | Report Abuse

Anyone got affin hwang report on 25/11 for kgb?

Posted by anthonytkh > 2020-11-29 19:19 | Report Abuse

Tbh I’ve traded KGB several times. 1st time was a loss but every time after that were profits. The last profit was bought on 25/11 and sold on 26/11

Currently things are still murky if you were to talk about the “vaccine dry ice requirements”

This is not a stock that’s fried; OK volume, low trade sizes. Dividends every year tho

I’ll monitor tmrw morning. May go in depending.....

Posted by dawchok > 2020-11-30 09:42 | Report Abuse

I invested into KGB for the rapid expansion of semicon industry where KGB main revenue relies on. Another attraction of KGB is CO2 liquid in Kerteh. Dry ice is just a very new blue sky bonus to the investment thesis of KGB.

Posted by dawchok > 2020-11-30 09:46 | Report Abuse

I do have a bit concern that the correct price spike up is caused by market hype on vaccine-dry ice which is very murky and uncertain. I will hold up firmly not to be swayed to sell KGB for short term quick profit.

Posted by ShadowSlaYer > 2020-11-30 11:59 | Report Abuse

@dawchok: I like your eye sharp sharp. I agree with you, current prospects will take KGB fly to RM3 at least.

Posted by dawchok > 2020-11-30 12:16 | Report Abuse

RM3, I kaya.

Posted by Dakewlest > 2020-11-30 19:00 | Report Abuse

Thinking of buying but the price gone up so much already...

Posted by 020215 > 2020-12-01 10:02 | Report Abuse

but we are getting from China rite not Pfizer US?Is still need low temp ?

Posted by AxeCapital2077 > 2020-12-01 10:04 | Report Abuse

dry ice only bonus, the original business is what i want to invest in. been here since 1. lets GO

Posted by dawchok > 2020-12-01 12:23 | Report Abuse

You will sure get 100% return from KGB. I bot in too early at 1.25 in Mar 2019.

Posted by Long George > 2020-12-02 08:37 | Report Abuse

- Order-book new high of RM370m as SMIC’s expansion hit full speed, with no signs of slowing
- In touch with Pfizer to understand the use of dry ice to store vaccines.
- PER of 18.7x vs peers’ average of 30-58x
- Target price RM2.30

https://klse.i3investor.com/blogs/Investment_Ideas/2020-12-02-story-h1537357663-Kelington_Group_Berhad_KGB_Orderbook_Surged_on_New_Jobs_TP_RM2_30_26_up.jsp

Posted by dawchok > 2020-12-02 11:14 | Report Abuse

added again at 1.79

Posted by dawchok > 2020-12-02 11:15 | Report Abuse

and 1.76

Posted by Nepo > 2020-12-02 13:36 | Report Abuse

I follow dawchok @ RM1.77-1.78, hopefully what he thinks is right..

Posted by dawchok > 2020-12-02 14:04 | Report Abuse

do not hold me accountable

Posted by hockmenglai > 2020-12-02 14:25 | Report Abuse

Kenanga

KGB - Orderbook Surged on New Jobs

KGB’s post-results’ briefing received positive response from ~80 participants. KGB’s order-book reached a new high of RM370m as SMIC’s expansion hit full speed, with no signs of slowing. Job replenishment remains healthy. The group expects order-book level to remain elevated even after factoring a stronger 4Q ahead. In addition, KGB has been in touch with Pfizer to understand the use of dry ice to store vaccines. We believe the scarcity of deep freezer, especially in rural areas, makes dry ice a timelier and more efficient option for vaccine distribution. Positive prospects are juxtaposed with an attractive Fwd. PER of 18.7x vs peers’ average of 30-58x. Our OUTPERFORM call and TP of RM2.30 reaffirmed.

Posted by NPRA1985 > 2020-12-02 18:49 | Report Abuse

U.K. Approves Pfizer Coronavirus Vaccine, a First in the West
The emergency approval, ahead of the United States and the European Union, clears the way for Britain to begin mass inoculations. “Help is on its way,” one official said.

https://www.nytimes.com/2020/12/02/world/europe/pfizer-coronavirus-vaccine-approved-uk.html

Posted by NPRA1985 > 2020-12-02 22:59 | Report Abuse

US says Covid-19 vaccines ready to be shipped nationwide immediately

https://www.freemalaysiatoday.com/category/world/2020/12/02/us-says-covid-19-vaccines-ready-to-be-shipped-nationwide-immediately/

Posted by iswara > 2020-12-02 23:07 | Report Abuse

they dont want to use , that why ship nationwide immediately

Posted by NPRA1985 > 2020-12-02 23:25 | Report Abuse

Johnson & Johnson has started a rolling submission with the European Medicines Agency (EMA) for its single-dose COVID-19 vaccine candidate.

https://www.biopharma-reporter.com/Article/2020/12/01/Johnson-Johnson-start-rolling-review-for-COVID-19-vaccine-in-Europe

Posted by Dakewlest > 2020-12-02 23:35 | Report Abuse

Anyone buying at RM1.80-RM1.90 price?

Posted by NPRA1985 > 2020-12-02 23:44 | Report Abuse

Janssen seeks Health Canada approval for its COVID-19 vaccine

https://www.cbc.ca/news/politics/johnson-johnson-health-canada-approval-1.5823173

Posted by NPRA1985 > 2020-12-03 00:33 | Report Abuse

Moderna Covid vaccine can get emergency authorisation approval in 2-3 days after panel meet: CEO

Moderna's vaccine candidate's full results from a late-stage study showed its vaccine was 94.1% effective with no serious safety concerns

https://www.livemint.com/news/world/moderna-covid-vaccine-can-get-emergency-authorisation-approval-in-2-3-days-after-panel-meet-ceo-11606922963960.html

Posted by NPRA1985 > 2020-12-03 11:30 | Report Abuse

Forwarders see their cargo bumped as vaccine shipments take off

https://theloadstar.com/forwarders-see-their-cargo-bumped-as-vaccine-shipments-take-off/

Posted by NPRA1985 > 2020-12-03 22:24 | Report Abuse

Promise of Covid vaccines is ‘phenomenal’, WHO says

https://www.freemalaysiatoday.com/category/world/2020/12/03/promise-of-covid-vaccines-is-phenomenal-who-says/

Posted by NPRA1985 > 2020-12-03 22:47 | Report Abuse

Equities up as Covid-19 cases drop, vaccine news spurs economic recovery bets

https://www.theedgemarkets.com/article/fbm-klci-closes-2954-points-162826

Posted by Nepo > 2020-12-04 12:03 | Report Abuse

US blacklist SMIC, no wonder kgb share price no power..

https://www.chinapress.com.my/?p=2181245
https://www.chinapress.com.my/?p=2308695

Posted by Wakaka123 > 2020-12-04 16:48 | Report Abuse

Good luck those buy in 1.8

Posted by dawchok > 2020-12-04 18:32 | Report Abuse

Tq, true, it is very good luck to have KGB at 1.8 as the price will definitely go higher in short future

Posted by vespa > 2020-12-04 19:56 | Report Abuse

SMIC knew several months ahead it was to be blacklisted ...it is an old story

Posted by dawchok > 2020-12-04 20:03 | Report Abuse

How much sales of SMIC comes from US market ?

Posted by NPRA1985 > 2020-12-05 01:30 | 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 01:45 | 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 NPRA1985 > 2020-12-05 14:38 | 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 Nepo > 2020-12-05 20:14 | Report Abuse

US co supply raw materials to SMIC to manufacture chips. If no certain raw materials from US, SMIC will halt in production..that is why that day US announced blacklist SMIC, SMIC share price limited down and stop trading...

Posted by vespa > 2020-12-06 18:53 | Report Abuse

On September 28, shares in Semiconductor Manufacturing International Corporation (SMIC) plunged about 27% after the U.S. Commerce Department announced new export restrictions on China's biggest chipmaker. .

most of the impact has been accounted for already. So there is nothing new to this and it may have experienced some slight fall on official announcement. An old story

Posted by Wakaka123 > 2020-12-07 09:41 | Report Abuse

I think kgb currently don't have plan on vaccine business.

Posted by Wakaka123 > 2020-12-07 09:42 | Report Abuse

Since current vaccine doesn't mass production yet.

Posted by Jolly > 2020-12-07 10:59 | Report Abuse

Why SMIC will effect KGB share price ? Anyone can guide & explain ?

Posted by Nepo > 2020-12-07 13:49 | Report Abuse

@Jolly, SMIC orders may regard as main potential for the future growth of KGB in UHP-related job which is the main revenue KGB derives from. SMIC may not get the UHP-related services from US, Taiwan, South Korea, Japan co...etc because these countries try to block China microchips development. That is why Kgb may get substantial works from SMIC..Though SMIC may contract the works to local China firm but Kgb has competitive advantages and vast experience in this field.

https://klse.i3investor.com/blogs/kenangaresearch/2020-12-02-story-h15...

Quote:

"...Order-book hits new high, again. SMIC is showing no signs of slowing down and indicated more UHP-related job awards as current utilisation is filled to the brim. As a result, KGB’s order-book has hit a new high of RM370m as at 30 Sep, thanks to strong replenishment of RM142m new orders from SMIC, Micron and Lam Research. The group expects order- book level to remain elevated even after factoring in a better 4Q. KGB is currently tendering for RM900m worth of jobs, spread equally across Malaysia, Singapore and China. Being regarded as a preferred vendor among large MNCs, the group is in a favourable position to benefit from various on-going expansions by WD Penang (announced RM2.3b investment), Micron SG (new fab construction), along with Lam Research, Bosch, and B Braun."

Posted by Nepo > 2020-12-07 15:51 | Report Abuse

I think this stock has a very great potential in future...but no guarantee.
imho, can accumulate some but pls don't sailang..

Posted by Jolly > 2020-12-08 13:51 | Report Abuse

Thank you Nepo for your great explanation .

Posted by NPRA1985 > 2020-12-09 15:23 | Report Abuse

UAE says Sinopharm vaccine has 86% efficacy against COVID-19

DUBAI (Reuters) - An experimental coronavirus vaccine developed by China’s Sinopharm has 86% efficacy against the virus, the United Arab Emirates health ministry said on Wednesday, citing an interim analysis of a human trial underway there.

The Gulf Arab state in July started Phase 3 clinical trials of the vaccine, developed by Beijing Institute of Biological Product, a unit of Sinopharm’s China National Biotec Group (CNBG). In September, the UAE approved its emergency use for certain groups.

The analysis also shows “99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of the disease”, the ministry said in a statement carried by the state news agency.

“The analysis shows no serious safety concerns,” it said.

It also said it had officially registered the vaccine, without elaborating, and that 31,000 volunteers across 125 nationalities participated in the UAE trial.

https://www.reuters.com/article/health-coronavirus-emirates/update-1-uae-says-sinopharm-vaccine-has-86-efficacy-against-covid-19-idUSL1N2IP09V

Posted by NPRA1985 > 2020-12-09 22:31 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

Posted by NPRA1985 > 2020-12-09 23:14 | Report Abuse

Kanger International Bhd has roped in Zuellig Pharma Sdn Bhd and K-Star Sport Ltd to collaborate on the distribution of Covid-19 vaccines in Malaysia.

The vaccine and other products are developed by state-owned China National Pharmaceutical Group Corp (Sinopharm).

In a filing with Bursa Malaysia today, Kanger said it has entered into a memorandum of understanding (MoU) with Zuellig Pharma, the largest vaccine distributor in Malaysia and in Asia, to facilitate the import, warehousing and distribution of Covid-19 vaccines in Malaysia.

Separately, Kanger announced that it has also entered into an MoU with K-Star to appoint the latter as the sales agent of Covid-19 vaccines for private clinics in Malaysia.

Kanger said both MoUs will add value to the group as it is now focused on expanding its business into the healthcare industry, which includes the distribution of Covid-19 vaccines, and is looking for a well-established logistics and distribution provider.

https://www.theedgemarkets.com/article/kanger-ropes-more-collaborators-help-distribute-covid19-vaccines

Posted by bf70 > 2020-12-10 13:26 | Report Abuse

:)

Posted by NPRA1985 > 2020-12-10 23:53 | Report Abuse

Hong Kong’s Ming Pao daily said in its editorial that there were grounds to believe that the UAE must have been stringent with the review and registration of the Chinese vaccine, given the country’s record of being transparent in its anti-virus policymaking and mass testing.

“The UAE also maintains sound ties with the West so sourcing vaccines from the United States or elsewhere should not be a grave challenge. If the Chinese vaccine is not safe or effective, there is no reason for the UAE to endorse Beijing’s vaccine propaganda and risk its own image and the health of its own people.

“Thus the UAE’s approval and its top leader’s injection of the SinoPharm vaccine have come as a much-needed vote of confidence that will help convince more countries. Diversified supply of vaccines, with viable alternatives from China, is key to ensuring fair and equitable access by poor countries,” said the op-ed.

SinoPharm revealed that senior officials in Egypt and Bahrain also took part in trials held there.

https://asiatimes.com/2020/12/uae-gives-chinese-vaccines-a-shot-in-the-arm/

Posted by Leonggg > 2020-12-11 15:05 | Report Abuse

Possible Dry Ice Shortage, Crucial For Shipping, Looms Over Covid Vaccine Distribution

With U.S. officials hoping to distribute tens of millions of Covid-19 vaccines in the next few months, demand is expected to skyrocket for dry ice—essential to maintain the super-cold temperatures the vaccines need to remain at during transport—which is now leading to concerns about a potential shortage that could have broad-ranging economic impacts.

https://www.forbes.com/sites/nicholasreimann/2020/12/08/possible-dry-ice-shortage-crucial-for-shipping-looms-over-covid-vaccine-distribution/?sh=7bdabaf201f7

Posted by NPRA1985 > 2020-12-12 02:27 | Report Abuse

FDA intends to 'proceed towards an authorization' of Covid-19 vaccine, official says, as cases soar

(CNN)The FDA has informed Pfizer it intends "to proceed towards an authorization" of the manufacturer's Covid-19 vaccine, the US Health and Human Services Secretary told ABC on Friday morning, as the country is deep into a worsening health crisis.

The statement comes a day after an FDA panel recommended the agency grant an emergency use authorization for the Pfizer-BioNTech coronavirus vaccine.Other key steps remain, but if those hurdles are cleared, the first vaccinations in the US could happen early next week, HHS Secretary Alex Azar told ABC's George Stephanopoulos.

"The FDA informed Pfizer that they do intend to proceed toward an authorization for their vaccine," Azar told ABC Friday morning.

https://edition.cnn.com/2020/12/11/health/us-coronavirus-friday/index.html