That was over 1M turnover in 5 mins at 0.26. Afternoon wonder? Surge after lunch?

All these export approvals, potential export this qtr is not going to spike the price. It has already been taken into account in the price. What is going to spike the price is news of physical export being executed.

Even Sarawark Oil Palms registered a 11% increase in net profit.
https://www.theedgemarkets.com/article/sarawak-oil-palms-1q-profit-rises-11-back-higher-revenue. They are all improving except this inefficient companyn, need to change hands.

Date of announcement of final rights subscription results is 2/6/2021. Date of new rights available listing is 10/6/2021. Still got 10 days of trading available.with Vesak & Agong's birthday as public holiday before 10/6.

In the same industry as Sime Darby, IOI but not performing anywhere near what it should be doing.

My average cost used to be 0.08 or today's price 0.80. I can't resist in selling off at 0.60 taking a slight loss rather than losing more without clear indication of where it is heading. If keep on dumping on Monday I will be be back in again.

From memory, I think this is the 3rd time where there is a variation of over 50% from low to high in one day within the last 10 days.

Think all these action is going to go on prior to 10/6 and after. So there is a fair bit of in/out/in chance, if you are brave enough.

Play their game, sell when they pump.Time to buy back in again. That is over 50% profit (today) if you are brave enough to wait for their high.

No point in trying to convince any of us. Most of us have already made up our mind by now; to either ride along and pump more money or jump ship and get some money back while it still possible. Whatever we do, hope there is a pot of GOLD waiting for us.

Take care. What goes up must come down sooner or later.

It still got until 25th May for the rights. Are they going to keep on pumping until 24th May?

If all these buyers think 0.40 is a good price to buy in to make a decent profit, just imagine what the 6x rights will be looking at profit wise. They would be making a killing! Unless it is just a pump to get us to take up the rights.

Why are the buyers chasing the price up by taking out the sellers? It should be the other way round, sellers should be chasing buyers trying to get off before the rights issue. Anybody got any ideas what game they are playing?

PRAYING is not going to make it a successful company. It depends on the calibre of the people that runs it.

Obviously, after I get my rights at 0.10, and it is still at 0.30+ I will give you all my rights and take the 200% profit first.

Sell mother first and take up the rights.

I see Fintech is no 3 in vol down by 11% today. Obviously manipulating the market again! Next Mtouche.

Still tumbling.

They need you to sign your life away.

freddiehero : You can apply for "excess rights issue" on the form.

Looking to close the gap of 0.955 and 0.97 before the price spike maybe tomorrow.

Henryz79 : Good question. I thought it was going backwards (red) not green! It should be losing 0.01 not gaining 0.150

AlfI3 : Conso 10 to 1 already done. on 21/4/2021. The main game now is the RI with free warrants which goes ex 5/5/2021. Keep up to date don't chase the artificial price manipulation.

It was at least 3 times higher than 0.395 before dropping all the way down to 0.15 and then coming back to as high as 0.46 and settling on 0.395 in the dying moments of the RI. They will be back again with their RI, Free Warrants, ESOS and Private Placements within the next 6 months if this one doesn't hit the required target fund raising. That is exactly what all these companies are doing to raise funds.

If you are still there on wed 5.00 p.m. you will get your chance to pick up the rights & warrants, if you give them more money.

You need to be registered as a shareholder on the 5/5 by closed of business 5.00.p.m. to be entitle to the RI.

pretty_life : If it can hit 1.00 before the RI, it is time I give this game away.

Alibabainf : Where did you get RM 0.12? Get it right the first time, not 3 times in error if you want to post here. It is RM 0.10. Suggest you delete your posting

Undi_PKR
:Thanks, for your great insight. Sometimes it is best to step back and have another look at the whole picture.

Is that all the volume it can muster? Useless counter considering the size of this coy.

No market tomorrow, they will need to work on it on Friday & Monday.

After lunch show again?

64% profit on the high of 0.395 and a closing of 0.24, isn't too bad. gives you a chance for another round before the 4th.

Still cheap 0.30 is the old 0.03 before consolidation, way below what it was suppose to be. They force the price down before consolidation.

Keep coming, we are waiting !

If they want a good rights take up so as to generate a decent amount of injected capital they will have to push the price to at least 0.80 so investor will be enticed to take up the rights.

With the influx of shares available after the RI, it is my believe that the price will be below 0.10. Don't take any notice (unless you are taking profit now hoping to buy back later at a cheaper price) of what they are manipulating before the RI. If it reaches 0.50 before the RI, do you sell or take the right. We were all thinking it will be 0.50 after consolidation, NOT below 0.20 !

Should move to any of the gloves counter. Would have been in front all in one week with a potential to grow in the future. Another thing, gloves are consumables (supposedly single use disposable ), while a test kit is a measuring equipment that can be reused.Tell me, which one will have a higher turnover. DYOA.

Quote from KYY :
"Never buy any stock that has no good profit growth. Never buy any stock if it cannot report increased profit in the next few quarters."
I will leave it to you to make your own judgement. If the advice is no good throw it out , if it is good keep it.

Back on 5 Feb in an announcement ( refer 9.2 risk ) the company admit their business is mobile value added services. They admit that the group does not have any prior experiences in healthcare business. I am bringing this point up because, I personally cannot logically justify making a reasonble investment decision to add more money into this company, whether it is going to be $6,000, $60,000 or $600,000. My reason is it will be a lot more profitable putting that sort of money with anyone of the glove counters, if that is just loose change in your pocket like Tengku Adnan. Just as an example even Mah Sing would be better proposition. Mah Sing is new in glove but at least they already got future orders. Mtouche has got nothing just hopeful fishing. Prove me wrong !

Based on 0.18 your average cost in now (1,800 + 6,000) / 70,000 = 0.111. Do make your own analysis. You haven't got much time.

If you have 10,000 shares now and you decide to take up the rights, it will mean you will be holding 60,000 rights taken up plus your 10,000 shares. your total no of shares is now 70,000. Your investment quantity of shares in this company has now increase 6 times, irrespective of what the final value of the price or your monetary investment. Big ask for a company making losses and not going anywhere except the rights are at a 44% discount based on today's price of 0.18. Is the 44% discount big enough for you make a quick profit, bearing in mind you are heavily invested in this company after the rights.

So it has been decided that for every share you can take up 6 rights @ 0.10. Ex date 4/5/2021.

Another killing day on Ucrest !

Round 2 coming up. Sell at 0.20+, buy back latter at 0.15. take your 25% profit first.

No free warrants unless you cough up more money for the rights first. Will be cheap maybe 0.05.

You got to hold the mother shares if you want the rights and warrants. Sure you can sell now but you have to pick it up again before the cut off date.

If 12million + is the consolidated turnover at the moment, it means the unconsolidated turnover is 120million +. This is a very high turnover for this stock.

Kaching : It is 5,000 instead of 50,000 but the price has also changed from 0.02 to 0.20 before it start dropping. Your investment hasn't disappear.