Posted by NPRA1985 > 2020-12-09 22:52 | 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 > 2020-12-11 00:02 | 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 cuticuti > 2020-12-15 19:04 | Report Abuse

What is this irrelevant vaccine spam here? What is it gotta do with this counter. The hell is going on

Posted by DonWorryBeHappy > 2020-12-17 15:51 | Report Abuse

Engine starting 1.16 come

Posted by gankm > 2020-12-17 16:09 | Report Abuse

Hopefully this time is real one.. not fake one.. :)

Posted by DonWorryBeHappy > 2020-12-18 10:42 | Report Abuse

Sold all @ 1.14 good luck

Posted by RainT > 2021-01-05 09:59 | Report Abuse

Why sold ?

chart on uptrend now

Posted by DonWorryBeHappy > 2021-01-13 01:00 | Report Abuse

Damn regret I sold it, sighh stuck many counters need more cash celaka btl this is a solid counter

Posted by aiyooo > 2021-01-15 11:43 | Report Abuse

buy still lagging behind gogogo rocket

Posted by somemore999 > 2021-01-15 12:43 | Report Abuse

no need regret la, after you sold 1month, only move ,other stock already fly in sky

Posted by aiyooo > 2021-01-15 15:08 | Report Abuse

huat huat kikikiki

Posted by stevenckheng > 2021-01-15 15:08 | Report Abuse

All "CHEM " moving up , syndicate start the game again

Posted by carenyj89 > 2021-01-15 15:15 | Report Abuse

Why it suddenly shoots high today?

Posted by aiyooo > 2021-01-15 15:44 | Report Abuse

gogogo future market bull coming

Posted by Kei2 > 2021-01-16 12:25 | Report Abuse

I think better QR and higher dividend is coming. With FD rates so low. Where should money go? But fundamentally sound and good divi payor.

Posted by Live2Win > 2021-01-16 13:29 | Report Abuse

I believe the next QR is likely to be out in abt a month's time from now. Perhaps another record breaking one judging from the huge volume transacted yesterday. This stock is definitely fundamentally stable and safe to hold on to...

Posted by Live2Win > 2021-01-16 13:40 | Report Abuse

It has never dropped below the RM1 level over the past three month period (since 7Oct2020)...and it seems to me that probably some funds have been quietly collecting these shares all this while.

Posted by Kei2 > 2021-01-16 13:53 | Report Abuse

Anyone subscribe to Busy Weekly magazine? If have, can share Vol.612.

Posted by Live2Win > 2021-01-16 17:39 | Report Abuse

a hidden gem that many of us have missed...

Posted by SalamSaham > 2021-01-18 10:01 | Report Abuse

Find a new support 1.28-1.3

Posted by whitesheep > 2021-01-18 14:37 | Report Abuse

likely go back to yearly high in next 2 weeks !

Posted by DonWorryBeHappy > 2021-01-18 15:22 | Report Abuse

Wah belly strong support, congrats to you all

Posted by Penguin88 > 2021-02-04 23:18 | Report Abuse

Samchem:

1. Stable business model and stable growth
2. Growth comes from recently appointed central region distribution for Shell Lubricants on top of existing eastern and northern region distribution.
3. Dividend: Look at the dividend payout by Samchem. Earn more, pay out more.
4. Will benefit from USD depreciation as Samchem import from oversea
5. Low valuation

Posted by 336699 > 2021-02-15 13:46 | Report Abuse

Why is it so quiet here?

Posted by Penguin88 > 2021-02-15 20:39 | Report Abuse

I think someone in market alrdy started discover Samchem and start accumulate quitely now.

Posted by gankm > 2021-02-16 11:42 | Report Abuse

Slow and steady. Hope the next support level is at RM1.40.

Posted by johotin88 > 2021-02-16 12:07 | Report Abuse

Look like breaking out soon.

Posted by johotin88 > 2021-02-17 15:08 | Report Abuse

Waiting for it to break and stay above 1.48 to top up.

Posted by johotin88 > 2021-02-17 17:08 | Report Abuse

I always top up after a share breaks new high rather than before it happens. Believe me it works most of the time from my experience. You don't mind paying a bit more after the share increases a lot. For example if Samchem worth RM 3 after a year, a few cents differences is nothing anymore.

Posted by DreamKeeper > 2021-02-17 23:16 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-17 23:16 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-17 23:16 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-17 23:17 | Report Abuse

Okay also la

Posted by DreamKeeper > 2021-02-17 23:17 | Report Abuse

Boleh juga la

Posted by DreamKeeper > 2021-02-17 23:17 | Report Abuse

Very good

Posted by DreamKeeper > 2021-02-17 23:18 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-17 23:18 | Report Abuse

Well done

Posted by DreamKeeper > 2021-02-17 23:18 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-17 23:18 | Report Abuse

Keep surging

Posted by DreamKeeper > 2021-02-17 23:19 | Report Abuse

Good luck

Posted by johotin88 > 2021-02-19 11:22 | Report Abuse

Drop with low volume. Good sign.

Posted by Chong1116 > 2021-02-22 17:34 | Report Abuse

Volume coming a bit!

Posted by johotin88 > 2021-02-23 16:26 | Report Abuse

Never expect it to perform so poorly today.

Posted by littlebaby > 2021-02-23 18:20 | Report Abuse

nice QR. vroom vroom, tomorrow fly

Posted by Live2Win > 2021-02-23 21:58 | Report Abuse

Yes...another record breaking QR. Samchem deserves a better share price than the current one at today closing (1.46). If based upon the average PE of KLSE of around 15, Samchem price level or fair value shud be way above 2.20.........

Posted by Kaizenzon > 2021-02-23 23:31 | Report Abuse

Aiya...Good profit pay more dividend or bonus la..

Posted by sokowanda > 2021-02-24 10:37 | Report Abuse

有一个，老板流年不利 好业绩做烂价。byebye

Posted by Penguin88 > 2021-02-24 13:09 | Report Abuse

Samchem this QR is definately one of the excellent results among all the QR that released recently. Profit growth is superb and able to justify the share price increase (Not like most of the tech company that reported lower than expected profit growth qoq but share price increase substantially)

1. Yoy growth 160.9%, qoq growth 89.5%
2. Good result due to increase in selling price, margin expansion (net profit margin increase from range 1-2% to 3-6% recently) and finance cost reduction.
3. There is one off item of RM3.6m provision of doubtful debt. Samchem could report higher profit if this not happen
4. Declare 2 cents dividend
5. Low forward PE

This company is really in low profile and just focus on its business and will reward its shareholder in dividend. Earn more, pay out more to shareholders.

I also think that the good performance was partly due to weak USD bcz Samchem import from oversea. If USD weaken further, Samchem is likely to benefit. Also, most of the countries are starting to recover from covid and this will increase the demand for chemical slowly.

My 2 cents.

Posted by Chong1116 > 2021-03-01 17:05 | Report Abuse

What happened to this counter? Make a lot of profit still going down? Really downtrend already?

Posted by gulamerah > 2021-03-01 19:16 | Report Abuse

The market is always correct and we always are wrong.