What I fear is privatisation

The directors own slightly over 60%.

Anyone knows why both Leong and Liew jr sold 15 and 10 million shares?

Poor quarter. What is frustrating is the lack of information in the Financial Report. This is typical of Ucrest.

General Market is bad.

The offer of dividends is a surprise. Let's hope for better market days.

Mr Eg will speak to CIMB Investment's customers in CIMB Penang on 23rd February.

Azlan88. Good write up.

I think drop was overdone. Ucrest should recover.

I see a hammer candlestick with high volume (so far) today so i doubt it will continue to fall. The QR was not too bad. Many complained the last time that there were no real sales. Well, this QR had RM10 million worth of sales to Russia. it is good to see that the Russians repeated their buy orders. This implies they are happy with Ucrest 's products. Ucrest's products should be the way things are done in the future. Hospitals are crowded places with waiting lines of many hours to see the doctor. i do not see why it cannot succeed if it can reduce the number of patients who need to see the doctor. Our problem is that real success is all in the future and I doubt many investors have the ability to wait.

Hold forever only applies if you are operating within a world class economy. Bursa Malaysia has gone nowhere the past 4 years whereas the US stock market has chugged along at a good clip. I opine a buy and hold for catalytic event to be the best modus operandi here.

@Damn, I think Goldman has answered it well. Don't forget that there was a 10% private placement recently done at RM0.65 to a large investor. This party must make money.

Damn. It would seem so since a director has insider information but then this was done on a private basis so someone else dare to buy 10 million shares. You do not do this unless you know what you are doing. So I would not be too worried about this.

The entire Ace market is at a low hence it is no surprise Krono is at a low too.

Actually 10 million. This was twice disclosed. The first because he is a substantial shareholder and the 2nd time as a director. In mitigation, he sold on a private basis outside market to another party.

Must beat 0.72 first

Anyone knows what happened to the private placement???? Was it successful or Krono has not even attempted it yet?

Worst investment you will ever make.

Bursa rules states that companies have to come out with results within 2 months of quarter end. SSteel's quarter ends on 31st March. Hence they actually have till end May to release the results. They have being releasing "early". If you check a few years back, there are a few occasions when they released during May.

tokti, I share your frustration. N2N ended 2016 with a price of RM0.714. It is RM0.86 now; a mere 20% higher only despite 2017 profits being higher than 2016 by 120%.

Good to see company finally taking action buying own shares. Still undervalued.

Profits up 120%. EPS up 100%. Future is actually bright. Price fall below start of 2016 which was RM0.72. Does not make sense!!!!

Sorry, micsoh, I am not that clever.

tokti those friends of the Boss told to collect...big run this year
26/03/2018 11:26

Which direction??

Game changer

Ok Thank you

Limcm86...what result form Choobee? the last was in November.

PE of 25 to 30 is reasonable under present market conditions.

So much for all the hype

I wish all this comes true though I am doubtful

The directors must do something. They have the resources. They can easily do a sucessful and profitable buy back. There is no logic in standing aside and letting the share price pulmet. No doubt, we as shareholders will lose but so would you, in monetary terms and importantly in reputation.

The insas directors should do something to stop the fall of the share price. They have the resources, they should do a buy back. What's the point in allowing your share price to fall? What's the point in having a low pe ratio of 3.6?

Good call "TheContrarian". I think it more an action to add more profit to the Group to help bolster next quarter result. It would be fabulous though if the unrealized profit of holding Inari could be declared.

I think what he says is plausible. Though koon is sellling massively the price has not fallen like a stone. There were also large million share off market transactions.

Koon now below 5%

I am getting pretty tired of koon.

10 and 11%

I hope so too.

Glad to see someone has faith enough to buy 2 million shares from kyy. Only 2 weeks more to the next quarter report. I expect it to be good because the usd was stronger by 6% compared to same period last year. We are also not handicapped by a RM6 million forex loss like Q1 2016.

I see opportunity

Nice. I hopeful Liihen can retake 3.17 by the end of this week.

Slowly sweeping up. Looking good.

I view the shortage of labour issue positively. Liihen has too much business!! I expect next quarter to be better than last year's. same quarter.

I see value. I buy.

This is a good company with flawless financials, an awesome track record of increasing sales & profits, 7.5 times PE and a 26 sens dividend payable over 5 times a year. Don't ignore the fact that the RM remains weak. The macros remain strong. IMO all these are not priced in yet. So what if the price is dropping courtesy of KYY. I will buy more (even though I already have plenty).

I do not see a good reason for a UMA. The company has done well the last 2 quarters. It will even declare a small dividend in due time. IMO the rise is justified unlike the past 2 occasions.

For my money. Liihen

Fair analysis. Thanks a bunch.

Yeah. Not too bad at all. 2 sens dividend is most welcome.

Extraordinary volume today.