Posted by GorengHealthcare > 2020-08-12 20:21 | Report Abuse

https://www.theedgemarkets.com/article/rubberex-partners-titijaya-unit-export-gloves-and-ppe-china

I think will goreng. IMO saja.

Posted by Friendship > 2020-08-12 20:37 | Report Abuse

Key Points -

Pursuant to the Strategic Collaboration Agreements, the product offerings under the New Business comprise, amongst others, personal protection equipment, surgical face masks (including melt-blown fabric and non-woven fabric), sanitizers, medical equipment, reverse transcriptase-polymerase chain reaction (RT-PCR) test kits, rapid test kits, mobile test labs and *purpose-built medical base*

PURPOSE-BUILT MEDICAL BASE - could this be the Covid19 vaccine hub?

https://themalaysianreserve.com/2020/08/06/malaysia-in-talks-to-become-covid-19-vaccine-manufacturing-hub-for-asean-countries/

https://themalaysianreserve.com/2020/08/10/hishammuddin-asean-should-be-united-for-covid-19-vaccine/

Posted by birkincollector > 2020-08-12 20:39 | Report Abuse

hehe fly fly fly

Posted by Friendship > 2020-08-12 20:39 | Report Abuse

Limit Up

Posted by birkincollector > 2020-08-12 20:40 | Report Abuse

KUALA LUMPUR (Aug 12): Rubberex Corp Bhd has signed a distribution agreement with a unit of Titijaya Land Bhd to export gloves, personal protection equipment and medical products to China.

In a filing with Bursa Malaysia today, the glove maker said it aims to distribute and export the products to the China market via Sinopharm Medical Equipment QuanZhou Co Ltd.

Rubberex entered into the agreement today with Titijaya Resources Sdn Bhd (TRSB), which is principally engaged in the trading of medical equipment and products, as well as property development.

It said if necessary, a special purpose corporate vehicle will be incorporated.

“The agreement shall be valid for a period of 12 months from the date of the agreement or any extended period as may be agreed between Rubberex and TRSB,” it said.

Shares of Rubberex fell RM1.12 or 19% to RM4.77, valuing the company at RM1.32 billion. The counter has shot up by some 783% this year.

Posted by birkincollector > 2020-08-12 20:40 | Report Abuse

sinopharm ok....HUGE deal ;-P...bagi limit up can?

Posted by birkincollector > 2020-08-12 20:45 | Report Abuse

Strategic Collaboration Agreement I

TRSB and SMEQ shall be exclusively responsibleand to develop the New Business as set out in the Strategic Collaboration Agreement I in their specified territory as follows:-TRSB: Malaysia, Singapore, Indonesia, Thailand and AustraliaSMEQ: China(i)TRSB's responsibility and contributionTRSB shall be responsibleinthe area of medical related real estateby providinginfrastructures, land and facilities for the medical operators recommended by SinopharmGroup or SMEQ pertaining to the New Business.(ii)SMEQ's responsibility and contributionSMEQ undertakes to supply the medical and hospital equipment and products under the New Businessas set outin the Strategic Collaboration Agreement I.

Strategic Collaboration Agreement II

(i)TRSB's responsibility and contributionTRSB undertakes to provide funding to meet the financing conditions for the constructionbaseand be responsible for the related development and construction conditions of the construction base for the purpose of the New Business as set out in Strategic Collaboration Agreement II. (ii)SINOMACH's responsibility and contributionSINOMACH undertakes to assist TRSB in sourcing for funding, and to provide resources in any manners, at the constructionbase, for the supply of equipment, technological and technical support for the New Business.

Strategic Collaboration Agreement III

Rubberex shall sell, and TRSB shallbuy gloves from Rubberex, and export to theChina market via SMEQ. Further, TRSB shall distributeandimport the personal protection equipment and medical products from SMEQ, and sell to Rubberex.The Board anticipates that the net profit attributable to the New Business may contribute more than 25.0% of the total net profit of TitijayaGroup in the financial years moving forward.Accordingly, the Board proposes to seek for the approval from the shareholders of Titijayaat an extraordinary general meeting ("EGM") to be convened for the Proposed Diversification pursuant to Paragraph 10.13(1) of the Main Market Listing Requirements of Bursa Malaysia SecuritiesBerhad ("Bursa Securities")("Listing Requirements"). Notwithstanding the Proposed Diversification, the Board intends to continue with the existing business activities of TitijayaGroup in the same manner.

Posted by Friendship > 2020-08-12 20:50 | Report Abuse

Limit UP for Thursday and Friday!

Posted by GorengHealthcare > 2020-08-12 21:18 | Report Abuse

Meaning gloves up Titi also up;
vaccine/pharma up Titi also can up.

Posted by ktrader > 2020-08-12 21:22 | Report Abuse

Now we know why the shares recover strongly from 0.44 to close 0.645

Posted by Friendship > 2020-08-12 21:25 | Report Abuse

If property sector recover, Titijaya also up!

Posted by michaelwong > 2020-08-12 21:45 | Report Abuse

https://www.theedgemarkets.com/article/rubberex-partners-titijaya-unit-export-gloves-and-ppe-china?type=malaysia

Posted by New_Hope > 2020-08-12 22:04 | Report Abuse

Time for Titijaya to shine tmr

Posted by JK22 > 2020-08-12 22:06 | Report Abuse

Now , everyone happy. Congratulation for all who believe , top up and hold. We should not just look at vaccine and Malaysia only. Look far for larger market coverage ..neighbouring countries and China.

Posted by birkincollector > 2020-08-12 22:08 | Report Abuse

TRSB and SMEQ shall be exclusively responsible and to develop the New Business as set out in the Strategic Collaboration Agreement I in their specified territory as follows:-TRSB: Malaysia, Singapore, Indonesia, Thailand and Australia

5 countries under titijaya

Posted by wajatimur_28 > 2020-08-12 22:33 | Report Abuse

https://www.dailymail.co.uk/news/article-8618707/Vladimir-Putins-coronavirus-vaccine-approved-tests-38-people.html

Posted by wajatimur_28 > 2020-08-12 22:45 | Report Abuse

Only 38 samples?

Posted by MMMMM > 2020-08-12 22:59 | Report Abuse

fly for sure already

Posted by Friendship > 2020-08-12 22:59 | Report Abuse

Sinopharm vaccine is the real vaccine

Russia one is chi chiong Gai vaccine

Posted by Friendship > 2020-08-12 23:06 | Report Abuse

TRSB and SMEQ shall be exclusively responsible and to develop the New Business as set out in the Strategic Collaboration Agreement I in their specified territory as follows:-TRSB: Malaysia, Singapore, Indonesia, Thailand and Australia

5 countries under titijaya

Population (2018 data)
Indonesia - 267 million
Thailand - 69.43 million
Singapore - 5.6 million
Australia - 24.99 million
Malaysia - 31.53 million

Total market size is almost 400 million people!

Posted by wajatimur_28 > 2020-08-13 07:07 | Report Abuse

Ttijaya=properties+H&C+Pharmaceutical Distributer...

Posted by Friendship > 2020-08-13 07:55 | Report Abuse

https://themalaysianreserve.com/2020/08/06/malaysia-in-talks-to-become-covid-19-vaccine-manufacturing-hub-for-asean-countries/

Malaysia in talks to become Covid-19 vaccine manufacturing hub for Asean countries

Posted by ltw1123 > 2020-08-13 08:48 | Report Abuse

Looks positive today. Will limit up again?

Posted by MMMMM > 2020-08-13 08:52 | Report Abuse

The momentum will last days before calm down I believe because turned into health with SInopharm partnership
@wajatimunr yes!

Posted by MMMMM > 2020-08-13 09:15 | Report Abuse

rubberex moved...

Posted by philip31 > 2020-08-13 09:17 | Report Abuse

Rubberex appoints Titijaya as their distributor. Another piece of good news.

Posted by YM Nic > 2020-08-13 09:33 | Report Abuse

but price no big movement

Posted by philip31 > 2020-08-13 09:35 | Report Abuse

https://www.thesundaily.my/business/titijaya-partners-rubberex-for-sale-of-medical-gloves-to-china-HC3444786

Posted by Mashoh95 > 2020-08-13 09:56 | Report Abuse

Keep stagnant between 0.6X

Posted by MMMMM > 2020-08-13 10:12 | Report Abuse

need to be patience i think. possibility is there.

Posted by ToneeFa > 2020-08-13 10:13 | Report Abuse

Looks like Titijaya is expediting its venture into health care biz thru strategic partnerships

Posted by Newbie91 > 2020-08-13 10:16 | Report Abuse

lol,no power

Posted by ktrader > 2020-08-13 10:41 | Report Abuse

Done shopping PA...

Posted by Mashoh95 > 2020-08-13 11:14 | Report Abuse

Bad sign already, news also cannot help, keep downward

Posted by Newbie91 > 2020-08-13 11:29 | Report Abuse

like deadfish,cannot move even with good news

Posted by Mashoh95 > 2020-08-13 11:39 | Report Abuse

Nowdays market all about sentiment, good news will bring good sentiment. Titi got good news all over but prices keep downward. That why I feel bad sign

Posted by ktrader > 2020-08-13 12:00 | Report Abuse

shaking off weak holders?

Posted by MMMMM > 2020-08-13 12:06 | Report Abuse

but the announcement mentioned everything will only start on Nov 2020 which now wont be the case. hmm

Posted by MMMMM > 2020-08-13 12:19 | Report Abuse

Titi is middle person between china & rubber... I don't get it

Posted by tzeyang112 > 2020-08-13 15:39 | Report Abuse

yes agree, it will take times to rebound.

Posted by JK22 > 2020-08-13 15:54 | Report Abuse

No limit up , all quiet. It is just The efficient market hypothesis pouring in ... News is new and there many companies out there having the same idea of diversification. Almost every week lately , we receive company JV and diversify in glove .....Boom.. price limit up....The cheaper the stock price, the faster it go up .

So we as investor need to pick the companies and business venture, we felt confident and believe on it .

If it is so predictable , nobody will wake up early everyday, getting into rush hour and go to work as an employee.

Posted by geary > 2020-08-13 16:00 | Report Abuse

Bought back...@0.625...Average...capital...@0.25...Hold.

◉‿◉

Posted by tzeyang112 > 2020-08-13 16:05 | Report Abuse

hold on, sit tight, ready for the fun ride.

Posted by philip31 > 2020-08-13 16:06 | Report Abuse

Just hold for a few months, price will reflect the true value of this company. Just like Comfort when it was hovering below 1.0 and nobody wants to look at it. Reward will come eventually for those who are able to ride out the storm.

Posted by MMMMM > 2020-08-13 16:14 | Report Abuse

free falling again?

Posted by menort > 2020-08-13 16:57 | Report Abuse

Tomorrow Malaysia GDP report announcement. Most counter will drop price if gdp report lower than previous report.

Malaysia Gdp announcement on 14/8/2020.

If result bad price will drop.

Posted by KenKen84 > 2020-08-13 17:01 | Report Abuse

Most of Asia developing country result is better than forecast , and also the virus control %

Posted by ktrader > 2020-08-13 17:16 | Report Abuse

yesterday and today alot of force selling for the 2 consecutive big volumes last friday and monday...tomorow shud be less turbulence i reckon

Posted by Mashoh95 > 2020-08-13 17:59 | Report Abuse

I think tomorrow bloodbath again.. the best time to buy stocks

Posted by ToneeFa > 2020-08-13 20:45 |

Post removed.Why?