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  willc48 Ceo & cfo remanded for manipulated? Better sell. Similar case to High 5 bread case which burnt my wallet with unethical controĺling share holders 04/07/2018 4:43 PM adaminvest https://www.thestar.com.my/business/business-news/2016/08/30/wong-now-substantial-shareholder-in-versatile-creative/ From what I understand this Andy Yap Jee Wye guy came in as an associate of Dato Wong, the guy being accused of misconduct. Now he is made the interim CFO? Then its announced that he disposed 800k shares on 29th? This all stinks to high heaven. The way all the directors have been selling off their shares... (shakes head). 05/07/2018 11:01 AM nickleeson ate of Change Type Number of Shares 04-Jul-2018 Acquired 4,468,000 Registered Name NSK TRADING SDN BHD Nature of Interest Direct Interest 09/07/2018 4:42 PM loneranger54 LOL! Tony Lee Kwee Hiang reporting that money missing from Versatile is like Najib reporting money missing from 1MDB! From what i hear this is a fight between dato wong and tony for control over the company. tony has very weak cash flow so he tricked wong to come in before back stabbing him by implicating him for embezzlement. wong was the one who caught and removed tony's COO for the same thing. I hear NSK was brought in by Wong to try to take over Versatile but it was not sucessful and police had to be brought in during a board meeting and several people had to leave in handcuffs, Run far far away from this counter! 16/07/2018 5:59 PM adaminvest Wah like Korean drama. I see that Andy Yap has also resigned for 'personal reasons'. When even new finance people start selling their shares and running away you know that big trouble coming. 17/07/2018 11:56 AM  Bull 2019 with all this bad news. look for PN17 soon. sold all. lost little better than Zero.. 24/07/2018 9:44 PM adaminvest One month they still cannot come out with result of forensic audit? Can trust the results they been publishing last few years? BOD been selling their shares during closed period for months? This should be a serious case of insider trading but this Tony and Wong guy going to get away scot free? This is why dangerous to buy shares of Malaysian companies especially those in control by people with such bad track records. 25/07/2018 10:21 AM adaminvest Drop nearly 10% in one day. Look like internal people know what going to happen soon. I hope firebaby and the others managed to sell before the PN17 happens. 02/08/2018 7:33 PM Yukimura Agree with you adaminvest. But just wonder who are buying since so many bad news came out in the paper 02/08/2018 10:32 PM adaminvest I don't think there are many small share holders for this company anymore. Vast majority owned by either Wong people,Tony people or NSK. Also I believe that a lot of bank money has been borrowed to fund the purchase of these shares. These guys will have to find a way to keep the share prices at a certain level otherwise the banks will come knocking on their doors to collect money. They just buying time to look for new 'partners' to take over this lemon. 03/08/2018 10:36 AM adaminvest Looks like the counter suspended. Lim Tek Wai: I hope you managed to buy enough shares to help some of the small share holders to escape. 03/08/2018 4:46 PM adaminvest Also a lot of financial irregularities stemming from MD and CFO accused of making unauthorized payments to unknown people to the tune of RM2.3m. loneranger54 also said a lot of korean drama happening there with people getting arrested. If you're a shareholder of this company, might be good to go for the upcoming EGM to ask what the hell is going on there. At the very least get a good meal out of it. 15/08/2018 4:52 PM  Nafster Versatile Creative sacks MD and group CEO over loss of RM2.3m http://www.msn.com/en-my/news/national/versatile-creative-sacks-md-and-group-ceo-over-loss-of-rm23m/ar-BBMdJJ7?li=BBr8Hnu&OCID=HPDHP 23/08/2018 11:33 AM OldOldhorse According to the Cockroach Theory, whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed. This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet 25/08/2018 5:07 PM adaminvest Looks like NSK performing a successful hostile takeover of this counter. But 2nd quarter performance not much different from first with another 4m loss. Now NSK needs to remove all the old management of this company who are obviously working with the current owners to cheat shareholders. Looking at old records, this company performance has been horrible since Tony Lee Kwee Hiang took over. Also I agree with OldOldHorse definitely more bad news will come once new owners start digging. Good luck! 30/08/2018 11:49 PM adaminvest http://www.theedgemarkets.com/article/new-blood-versatile-creative Pretty much sums it up. 04/09/2018 4:13 PM firebaby I sold it off 3 mths back, it is a tragedy when start to touch this counter. 12/09/2018 11:42 AM firebaby Morale of the story, don't ever touch on the counter with weak fundanmental, in the end u will only hurt badly from the fake hope 12/09/2018 11:47 AM Lim Tek Wai Very confident stock, good to invest it and then can buy more car HAHAH! 14/09/2018 11:28 AM adaminvest The shares being controlled by big players. If you're a punter don't touch this stock with a ten foot pole. 20/09/2018 1:54 AM adaminvest As firebaby said before - this company is controlled by unscrupulous people who are more interested in playing with share prices than doing actual business. They will play up the shares or let it drop but only for their own benefit. Its likely that those people asking you to buy this share are working with them to boost the share price. So let anyone buying this share beware. 11/10/2018 1:22 PM firebaby this counter is not supported neither fundamental nor technical analysis, so just trade at your own risk. 15/10/2018 3:01 PM OldOldhorse http://www.theedgemarkets.com/article/former-ag-gani-patail-resigns-versatile-creative-chairman-after-24-days 27/10/2018 2:14 AM adaminvest Another quarterly loss declared and share at 0.47 now. Wonder if the people pushing to buy before have anything to say? 23/11/2018 10:45 AM adaminvest Wow - haven't come back for so long and this account has gone from bad to worst. Results horrible and they still can't find where the money that was supposedly 'stolen'? How is this possible? Did the former MD and finance guy take out 3m in cash and put into garbage bags? Lol! I also see Ngew See Ng forced to resign from the company a second time. First time was because of corruption and they can still hire him one more time?! Good luck whoever want to invest here. 03/06/2019 2:55 PM adaminvest Another loss... and long serving auditors Baker Tilly leaving. Starting to sounds a bit like 1MDB? 29/11/2019 6:31 PM Artane Tomorrow confirm goreng this stock, resistace breakout 0.28, all the plastic counter already move higher, this counter are laggard compared to other plastic counter, i believe operator will shift to this counter 06/02/2020 7:03 PM  | |
