dead lock again...

Yeap, there was a last mins pull yesterday. Today continue...

Will be very much happy if it really can go down to 0.2

"Higher inventory as at 30 April 2019, RM16.6m as compared to RM15.2m as at 31 October 2018 due to potential sales of the company."
- I chose to believe in the management due to the nature and way of their business style. So, the potential is there increasing revenue. All these is like unbilled sales.

"There was an increase in the cash and cash equivalents from RM11m as at 31 October 2018 to RM14m as at 30 April 2019 mainly due to receipts from customers."
- That is a 8+ cents/ share with 14m cash and NOSH of 170m. Share price of 0.33-0.375 is a big discount.
- Total liabilities is only 8m. VIS will definitely survive even if in winter.

"Decrease in trade receivables from RM19.4m as at 31 October 2018 to RM9.7m as at 30 April 2019 due to collections from customers."
- Again, this showed the nature and way of their business style.

Everyone has a his/her own ideal price. The mentality and perception is different for a person

1) Bought at 0.3+ but never cash out (at peak ~5) until too late
2) Chased high at 4+ and trapped until now ~1
3) now only thinking to go in

*4 years to shoot from 0.3+ to ~5 and 3 months to crash to ~2. This stock is a legend in its own way.

Looking good!

Dead lock

Anything below 0.55 is quite safe. I don't think it will go below 0.53 or worst touch and rebound. Otherwise, it will be really holland ald. lol...

Agreed with Kc teh that failure to breakout in April is already a signal to exit.

Falling knife.. fuiyo

0.425
0.465
0.505
0.56
0.67

john doe: Hopefully today can close above the big candle drop of 23 May due to panic selling. Normal consolidation price range should be 0.375 - 0.43.
10/06/2019 3:39 PM

Have to break 0.375 first. Still possible...

Very good!

Walao, who bought 1000 share only... lol

@Joker, i strongly support you ma. I thought yesterday was 0.4... Changes today and then this week pula

Hopefully today can close above the big candle drop of 23 May due to panic selling. Normal consolidation price range should be 0.375 - 0.43.

Joker, you got another 2 hours to sapu and push. haha... I sincerely hope you are right. lol

Cantik kan jambatan terengganu tu. Buatan AZRB. lol...

All the while memang got people collect at ~0.2... Once collect enough, they will pull fast and sharp.

"john doe: Waiting for a breakout of 0.425 with high volume
07/06/2019 3:44 PM"

lol.. good jokes, joker. I hope your joke will come true as well by 5pm today

goreng goreng

Waiting for a breakout of 0.425 with high volume

Closed personal friendship. lol...

"Le Boeuf said that apart from the close personal friendship he has developed with UCrest founder Eg Kah-Yee, he believes UCrest is one of the most advanced online digital healthcare solutions available in the marketplace. “The completeness of the solution which encompasses the use of FDA-approved home measuring and monitoring medical devices, ability to obtain information from the clinic and hospital make it a superior digital platform to any other company we have come across in the marketplace,” he said.

“i-Medic takes this prevailing technology to the next level. By virtue of the fact that i-Medic is digital, it will a very scalable solution and can create health care access to many geographies where there is a very low doctor to patient ratio,” he added.

Inova will rollout i-Medic in the USA and Asia in parallel with affordability being one of its core objectives.

It will include use of i-Medic as part of baseline benefit programs Inova develops for their business partners in Asia and the USA."

(little) Support by directors. lo...

Initial plan of K1 is to have full acquisition of G-asia pacific by end of 2019 and expand aggressively into SEA. Let us see how it will go

Haha... if can go down till 0.2, very good.

K1 PE valuation is high compared to PE of other EMS peers which is ~15. However, the PE is justified as it is the rising star compared to the others which have stagnant in growth. K1 has the highest NP margin ~ 10 which the NP margin of other peers only ~ 5.

Will it gap up tomorrow since operators pulled up in last minutes (after 4.30pm)?? lol... The results will be good if no more severe forex loss.

"Gross profit margin for the quarter had improved (1Q’19: 29% vs1Q’18: 21%)..." Hopefully K1 can maintain double digit net profit margin. Higher efficiency from by lowering operating expenses. Below are last 4 Qr NP margin:
10.03 %
11.28 %
9.99 %
9.31 %

Cash and bank balances is strong ~41m. Decrease in receivables is high ~2.5m. It is either very good or very bad. I bet is good.

More purchase of PPE ~2.4m.

"The Group’s business being predominantly export in nature (96.6% export in 1Q 2019; 99.2% export in 1Q 2018) and caters largely for the consumer electronics market, is subject to seasonal fluctuations. Business in the second half of the year is normally stronger than the first half of the year due to surge in consumer demand during Christmas and New Year seasons overseas."
- They were already doing good in Q1 itself.

"...medical/healthcare devices grew significantly, driven by NEW customer wins... the revenue contributions from new customers were merely on tooling in preparation for MASS production in the second half of 2019."
- They will do MUCH MORE better in subsequent Qrs.

"...the Group expects to get good response in securing more new customers in the months ahead."

No need to be rushing. Ex-date is July. A lot of things may happen.

Shooting star. Let us see the confirmation today. Qr result can only be today (most likely) or tomorrow.

Sendai likes to have lunch Qr result release and especially with some contract news. Let us see is a trap or not.

"MALAYSIA’S national automotive policy is expected to allow for a higher percentage of palm-biodiesel blends over the next few decades"

I don't think Malaysia even have 5 years time. Domestic consumption must be increased by all means. Malaysia can only rely on India and China for exporting the palm oil as edible oil. Palm oil and crude oil are old commodity and people have other alternatives.

Yesterday ald pulled up. Then only posted this article. haha...

Operator played so big to suppress the prices... The price is not justified unless suddenly said company cooked the books and earning is virtual. Then we all die. haha...

Thank you for the info. 3 cents Div for a ~70 cents stock. Not bad.

What a gap down. Haha... Guessed the Qr ain't gonna be good

Come to a cross today. Hopefully can close at 0.675 today and maintain the uptrend.

Power coming... It's showtime this week??

microsoft, amazon, goggle are the cloud service providers. K1 subsidiary customize the cloud services according to enterprises' needs

Their cloud customers are mainly local customers. That's why they diversified into it as the manufacturing division relies too much on foreign customers. Their initial target is to complete full acquisition of the cloud subsidiary this year and expand aggressively into SEA. Don't know will change or not in lieu of current global sentiment and environment.

After 0.59/0.595, then 0.54

Apparently you didn't read the report. lol...

@Yu_and_Mee, I just curious what is your basis to buy only after 0.3 and what is your TP pula?? If inconvenient to disclose, it is ok. Thank you.

Still needs its latest Qr to prove its improvement.

Technically and in short term, it is still in downtrend since Oct 2018. In medium term, it is actually in a long consolidation phase (0.6-0.7) since March 2017 where it was suddenly pushed up fast from ~0.4 to ~0.7 and then peak 1.0

...很多庄家不愿意推股..
That is if the operator has not collect/control enough volume. If you want to get attention, the best way is to push up when the market goes down. haha...

Nope. Operator come to stabilize?? lol

Whole market locally and globally also very moody. Credit to donald trump.