Posted by troy88 > 2023-08-16 10:38 | Report Abuse

Coming!

Posted by Michael_chan2022 > 2023-08-16 10:39 | Report Abuse

Together, we conquer. Let's push thru the resistance at 450

Posted by awsomechan > 2023-08-16 10:48 | Report Abuse

one day 3 - 5 cents. one month 10 cents plus. this is invest not gamble. wish you all the best

Posted by Michael_chan2022 > 2023-08-16 11:05 | Report Abuse

Awesome.. go go Genting

Posted by Michael_chan2022 > 2023-08-16 11:08 | Report Abuse

Son's performance is also impressive 👏

Posted by choysun > 2023-08-16 11:10 | Report Abuse

It's gonna be a bright, bright,
Sun-Shiny day... :)

Posted by Michael_chan2022 > 2023-08-16 11:31 | Report Abuse

👏👏

Posted by troy88 > 2023-08-16 11:34 | Report Abuse

I thought naysayers said this stock gonna crash and burn after state elections?

Posted by Michael_chan2022 > 2023-08-16 11:44 | Report Abuse

Unstoppable now

Posted by choysun > 2023-08-16 11:52 | Report Abuse

RM5 before Q2 results out maybe?

Posted by choysun > 2023-08-16 11:57 | Report Abuse

Break 4.55 resistance, straight to 4.60 :p

Posted by Michael_chan2022 > 2023-08-16 11:57 | Report Abuse

👏👏👏

Posted by ClaraChan94 > 2023-08-16 12:13 | Report Abuse

Forming a staircase-like upward movement

Posted by Havefun > 2023-08-16 12:42 | Report Abuse

Usd200? Taurx is listed meh? I don’t think so

Posted by ElGato > 2023-08-16 13:57 | Report Abuse

@Havefun It's traded privately, current price is around 200-250 USD. Most likely looking for trade sale of the company, unlikely to be IPO.

Posted by neohts > 2023-08-16 14:24 | Report Abuse

How does Taurx share price relate to Genting Berhad ?
Is Genting Berhad holding any Taurx shares ? Please advise.

Posted by virust > 2023-08-16 14:50 | Report Abuse

very small volume which is just a beginning of the rally

Posted by ElGato > 2023-08-16 15:14 | Report Abuse

@ATK Maybe take some profit EOY, planning to buy a property.

Posted by OnTime > 2023-08-16 16:01 | Report Abuse

genting calling rwg!

Posted by neohts > 2023-08-16 16:06 | Report Abuse

https://themalaysianreserve.com/2022/10/19/genting-to-hit-jackpot-from-taurx/

Genting to hit jackpot from TauRx?

Posted by ElGato > 2023-08-16 16:18 | Report Abuse

@ATK Damn, now lending interest rates climbing, hope you can tahan until year end. Yes I think UK will be first, the rest will fall in line like domino. Just need 1 state/country to approve.

Posted by troy88 > 2023-08-16 16:52 | Report Abuse

Strong closing!

Posted by choysun > 2023-08-16 16:52 | Report Abuse

Day high. What a nice closing :)

Posted by Riaz1954 > 2023-08-16 18:27 | Report Abuse

How is Genting B valuing its 20% exposure in investment in Taurx? Is it at book cost or mark to market? Surely it can’t be mark to market as Genting would have much higher valuation!

Posted by Riaz1954 > 2023-08-16 18:32 | Report Abuse

I think I know the valuation method based on more than 20% equity investment in Taurx would be % share of Taurx profits….which would be a loss!

Posted by Riaz1954 > 2023-08-16 18:36 | Report Abuse

Genting we all know is undervalued ……however the market is bad and Malaysian market has been very bad for some time. Let’s see if the results are much better and if management have been able control costs.

Posted by DestinyL > 2023-08-16 18:59 | Report Abuse

Taurx will only get a portion of it valued when it gets to start selling the drug

Posted by Michael_chan2022 > 2023-08-16 20:46 | Report Abuse

人要敢于幻想....敢于梦想，最后才有希望...实现梦想。if Genting were to achieve earnings of 400 millions in the upcoming quarterly report, it could potentially rise to 6.00..。 go go Genting

Posted by Michael_chan2022 > 2023-08-16 20:48 | Report Abuse

Lai lai .. buy GenB

Posted by Marginofsatefy > 2023-08-16 21:34 | Report Abuse

Where are you seeing these prices/transactions for TauRx shares at US$200 - US$250?

Posted by firehawk > 2023-08-16 21:47 | Report Abuse

Some info. about Taurx from google:
Where is TauRx located?
Singapore, TauRx is incorporated in Singapore with primary research and operations in Aberdeen, Scotland.

Who is the CEO of TauRx?
Professor Claude Wischik
For three decades, Professor Claude Wischik, co-founder and CEO of TauRx, has led a scientific research team dedicated to find an effective treatment for neurodegenerative disease. Professor Wischik is a board-certified psychiatrist and holder of a Chair in Mental Health at the University of Aberdeen.

Posted by firehawk > 2023-08-16 21:51 | Report Abuse

TauRx’s deliver Alzheimer’s disease therapy results
17th July 2023
Company’s hydromethylthionine mesylate therapy reduced neurodegeneration during pivotal trial

TauRx Pharmaceuticals – a company focused on Alzheimer’s disease (AD) research – has announced results from its pivotal phase 3 LUCIDITY trial.
.
.
Henrik Zetterberg, professor of neurochemistry at UCL Queen Square Institute of Neurology, concluded: “NfL is a well studied biomarker with wide applicability to different neurological disorders, including AD.

“Clinical practice has been waiting decades to uncover meaningful advancements to address unmet needs of people with AD. These new results further support the importance of NfL as an AD biomarker both for diagnosis and measurement of treatment effect.”

TauRx now intends to submit the HMTM results from LUCIDITY and previous trials for regulatory approval in the US, UK and several other territories.

Posted by choysun > 2023-08-16 22:28 | Report Abuse

Foreign net buy RM106.3m

Posted by DividendGuy67 > 2023-08-16 23:26 | Report Abuse

The TauRx relationship with Genting is very old story that went back to at least 2015 ... see here - https://www.biospace.com/article/releases/-b-taurx-pharmaceuticals-b-plans-u-s-ipo-/.

The "private value" of USD200-300 has been mentioned for many years. TauRx is a 30 year old "company".

The news about submitting for regulatory approval is old news.

The trouble with Private value is that it's really worth nothing until someone else buys. Until then, all you have is speculations. And speculations that has lasted years and years. The wait can be long. The payoff might not be there. Don't buy GENTING just because it owned 20% of TauRx ... Buy GENTING for other reasons.

Posted by Marginofsatefy > 2023-08-17 00:09 | Report Abuse

We are Taurx shareholders for a long time n we know the privately done transacted market prices. Was usd150/share 3 months ago, now at minimum usd200/share after NfL data. Buyers are expecting this NfL data to substantially improve our chance of securing FDA AA (see Tofersen's case link) + more upside next year during China deal.
--------------------------

Thanks. Where/how are these private transactions reported to TauRx shareholders? When was the last transaction, price, number of shares?

Posted by Marginofsatefy > 2023-08-17 01:13 | Report Abuse

Can anyone else verify these prices? and shed any light on their validity?

Posted by Marginofsatefy > 2023-08-17 01:49 | Report Abuse

https://themalaysianreserve.com/2022/10/19/genting-to-hit-jackpot-from-taurx/

“From other channel checks, we understand that TauRx shares are now transacting at a much higher US$200-US$300 each. We are told that since not all shareholders participated in the aforementioned rights issue and thus, did not receive the warrants, Genting may effectively get to raise its shareholding in TauRx from 20% for cheap,” it said.

Posted by Marginofsatefy > 2023-08-17 02:16 | Report Abuse

Thanks that is helpful data. Dundee Corp on the Toronto Stock Exchange (TSX: DC.A) owns 3.2% of TauRx. If the USD$200 price is real, Dundee's investment in TauRx is worth 3x Dundee's current market cap. Dundee is currently carrying it's TauRx investment at US$45 they hold just over 1M TauRx shares.

Posted by AngTayKor > 2023-08-17 02:28 | Report Abuse

Dundee owned and controlled by Jews with unfair ordinary shares voting rights (100:1). Ordinary shares kena "poisoned". Preference shareholders making profit, ordinary shareholders suffer. Becareful when you buy such stocks.

Posted by Marginofsatefy > 2023-08-17 02:47 | Report Abuse

From what I can see preference shares don't have any priority over ordinary shares in a liquidation/sale event and convert to ordinary shares on large financings or regulatory approvals (which is what matters). Here's some disclosure from Dundee...

In order to fund the new study and bolster its cash reserves, TauRx negotiated an investment from an existing shareholder through the issuance of a new class of preference shares in the company. The investor subscribed for 500,000 class B preference shares at an aggregate subscription amount of US$100 million or US$200/share. The new class of preference shares does not have any liquidation preferences but conveys to the holder a call option to acquire commercialization rights for LMTX® over certain territories in Asia. The preference shares are convertible to ordinary shares on a one-to-one basis upon the attainment of pre-specified regulatory and/or listing objectives alongside the injection of a further material amount of cash. The investment was made in three tranches with the initial tranche (350,000 shares/US$70 million) completed in January 2020, and the final two tranches (totalling 150,000 shares/US$30 million) completed in August 2020.
TauRx is actively engaged in negotiating commercialization rights with partners in other territories. In June 2020, TauRx
announced that it had signed a term sheet with Mediforum Pharmaceutical Co. Ltd (“Mediforum”), giving the Kosdaq-listed company rights to acquire publishing, manufacturing and intellectual property rights in Korea for LMTX®. In October 2020 and
as part of the deal terms, Mediforum acquired 25,000 shares of TauRx for US$5 million.

Posted by Marginofsatefy > 2023-08-17 03:07 | Report Abuse

Thanks so do the other preference shares have priority over the ordinary shares on sale, IPO, liquidation etc.? Or is it just greater voting rights?

Posted by Marginofsatefy > 2023-08-17 03:36 | Report Abuse

Can you share any details on the different rights of the various share classes? ... Particularly in a sale, IPO, liquidation or similar.

Posted by Peaches L > 2023-08-17 05:12 | Report Abuse

@Marginofsatefy, u just joined tis forum on 16 Aug 2023 (yesterday) and is already so resourceful abt TauRx. U hv put many to shame w yr knowledge. U shud b here years ago when TauRx was born.

Posted by RISK8888 > 2023-08-17 08:40 | Report Abuse

but when is it going to get approval? no use if the drug cannot be sell.

Posted by RISK8888 > 2023-08-17 08:42 | Report Abuse

looks like US is not going to approve soon, it depends on UK now where the environment not so money eye in nature.

Posted by Michael_chan2022 > 2023-08-17 09:38 | Report Abuse

趁好股落難時撿便宜。。買得便宜，才能抱的緊... those who bought it at 410, 420.... steady, pom..pi pi

Posted by Michael_chan2022 > 2023-08-17 09:39 | Report Abuse

Go go Genting..

Posted by neohts > 2023-08-17 09:44 | Report Abuse

Opportunity to collect more before next week Q2 2023 result.

Posted by Michael_chan2022 > 2023-08-17 10:10 | Report Abuse

450 should provides a strong support 💪

Posted by choysun > 2023-08-17 10:21 | Report Abuse

Today closing will consolidate yesterday's gain or not leh? :p