Be responsible. One should stop misleading others with false optimism and add to their pains

Well what do you know. I guessed it, the moment it triggered my stop loss the next day it will rebound big. That's my life.

But bad luck sticking with me doesn't mean I should wish ills on others. Best wishes and good luck to all.

$5 - I will hold on
$4 - I will continue to hold
$3 - I have no choice but to hold
$2 - I lost too much to sell

Do you think this is retracement? It is crashing. The market is crashing and there is more to go. Understand some are unwilling but please let it go. Rather than burn 10% everyday, conserve your money. Opportunities will come again in future to make more.

Look at KLCI chart. Likely to head back below 1,400. It is painful but this is a genuine advice. The party all these months... is over.

Hate to say this. Adventa is a good company, but look at the wider market, Malaysia gloves and healthcare sectors are crashing. No matter how strong Adventa is it will still be dragged.

19 down days in the past 23 trading days. It is either reverse now or never

There is not much hope. This company should perform well because it is not gloves but healthcare products supplier. Even with vaccine and the world reopens people still will need healthcare products, medical equipment or sanitizers. In fact first few months of reopening these things would be in great demands.

But the market is out to kill gloves and healthcare since Russia announced possibilities of vaccine.

Can you imagine... 16 down days for this since Aug 5! Even the most optimistic person will turn sour

Rather than guessing around, one should visit its website adventa.com.my

Adventa comprised of 4 divisions. It does not produce gloves by its own, but its biggest division supply masks, gloves, bandages/plasters/swabs, disinfectant, syringes, sterilization products, hospital apparel, and other medical equipments and accessories. These products are currently in demand.

Second company division provides industrial and commercial sterilization services. As businesses reopen this is also in demand.

Third division supply home treatment medical products for renal patients. With the pandemic some might choose buy the home treatment machine rather than going to hospital.

Fourth division is an online ecommerce stores where people can order healthcare, medical and supplement products. It claims the store has 100,000 registered customers.

For a while I thought my yesterday 2.30 average down was another mistake. Turns out a great buy.

Hope this goes well from here and everyone who unfortunately bought in last week could recoup their losses.

luckmaxima you are not alone.

Ever had the thought that when others jump in, big profit, but when you jump in, stock crashes... The chance of getting it right is 50-50 but 90% of the time it messed up. You will always be thinking "why me?"

Anyway, today all including gloves drop big because Putin has announced Russia is approving a vaccine which will be ready by next year. The Russian vaccine is filled with doubts because it has yet to enter Phase 3 clinical test. But the market reaction is drastic. Big drop for gold, bio, medical, etc. We don't know if this will be the next trend or just a knee-jerk reaction.

Sad this happened, I don't think there is any point to sell now as you will be losing too much and probably the counter is already at its near-term bottom... I mean like 50% gone in one week. Painful but hang in there and good luck.

Sorry I made an optimistic outlook on this counter that day. I myself have also lost a significant chunk here. Hopefully the worst is over, uptrend could be resumed soon and those who holding can recoup their losses. Company remains solid hope the QR can provide some boost.

Adventa is not a glove maker they distribute gloves. They also supply healthcare, medical products and engaged in online health services, which is good enough at this pandemic time.

Gloves run for 10 months during SARS back then, it is the 5th month now we are not sure they will repeat like last time. But there are concerns about that glove valuation is now way over. Adventa's P/E ratio is still affordable if you are worried about gloves getting too high. There should be more room to go.

If the momentum keeps going, 6 should be achievable

Whatever hopes or anticipation has evaporated. With 0 revenue the company is showing itself to be totally inept. The pandemic is a good opportunity for Ucrest to market its products, yet it can't even advance. This means nobody is seeing any value in using its products even at this times.

You can continue to hold for 1 or 2 years to try out your luck, but best is to cut loss, yes it is hard but move on, get into other healthcare stocks, faster to make back your money that way.

No one expects positive QR, but improving sales and if possible throw in some updates on the deal it won in China (last month PR)

Prospects in US still pending, and hopefully good news soon.

People still remember back in 2017 after winning a number of deals it went from 0.07 to 0.40. Anticipation of this has been supporting 0.15 for one month now despite the very bad last QR.

Based on recent trend 0.15 is a good entry point

Probably PR coming, last time also before PR sudden bump up

There is honestly, no reason for it to hold and even rise after a horrible QR. The only reason I can think of is a PR coming.

Almost everyone was expecting a big fall today, it held on.

Next QR is still far away, perhaps a new PR incoming? That Eg CEO should do more to protect share value now that the 2 Eg brothers own approx. 37% shares post ESOS.

Wow, even with very bad results it actually hold and now unchanged? This should signal confidence

Today's movement will be an important indicator. If it can hold without falling too much it means there is confidence in its current progress.

I won't need to discuss if it is otherwise.

Bad QR is expected, but worsening results from last QR a bad surprise.

Now the only thing propping up the shares is the pending progress from US and China.

CEO managed to put up an impressive turnaround by signing a number of deals in late 2017 and delivered a strong year by 2018.

Company latest QR shows it is losing steam again, some deals have just been signed but CEO better do things fast. Investors won't have much patience because healthcare service is supposed to be doing good this year. Ucrest pre-COVID price 0.25.

No possibility of jumping up, unless Mon release pr assuring next QR would be a very good one due to COVID19 demands. There shouldn't even be an ESOS for grade F performance.

Lai Ah Foo, regardless of the technology, share price is almost always determined by market expectation.

Making inroad into China, the market will certainly upgrade its business outlook.

Now market will also be anticipating updates from the US side, if secure deals in the US even more upside.

Last month it released 2 prs:

China one: https://www.nst.com.my/business/2020/05/593434/ucrest-jointly-provide-online-medical-services-global-patients

And the US one: https://www.theedgemarkets.com/article/ucrest-penetrates-us-respiratory-market-amid-covid19-pandemic

China side won deal already, if it is able to announce the US one also getting deals this will fly high.

Overall market is bad, going down is just natural. ESOS doesn't help either.

Nevertheless, looking to buy back in again. Beijing lockdown, fear of 2nd wave, online healthcare service should get some boost once support has been defined.

No need to check so regularly that only upset you, just set stop loss and target buy-in price.

Well that's it, the junction point. Back to Jan level

Stop loss set, now it's either going down or bounce.

It is maintaining for now.

This will fly provided it:

i) reports a better-than-expected quarter

ii) signs a deal with some companies in China or USA following its previous PRs

Stuck at 16-18

2 previous PR releases:

1. China hospital partnership
2. entrance into US markets

Need updates on these 2.

ESOS announced Apr 29, at that time closing share price 0.095, so @0.087 is fair as part of employee stock offers.

Options granted May 15, share price already 0.19.

When granted directors could had quickly sell for double, but so far they didn't.

https://malaysiastock.biz/Company-Announcement.aspx?id=1224206

The reversal in gloves is definitely affecting sentiment, but Ucrest appears to be holding for now. Announcement today is 2 directors exercising their options. All directors received their ESOS share options on 15 May. They did not sell, so means recent drop is maybe spillover effects from gloves selloff and not the directors dumping.

Check out the chart, hope this is another repeat of Sept-Oct 2017

Covid remains the trend, gloves still the biggest gainers, healthcare will have its time. We need more confidence, if KLCI top 1500, Ucrest with its previous speculative pr news will possibly go up fast

It is now at pivotal moment.15/16s must be supported. Ideally there should also be good pr release. If we are lucky we could get a chart like Sept-Oct 2017 - a spike, some slight drop, followed by another spike. I will give it until early June to perform.

I have the feeling healthcare will spike after gloves, just not sure the timing

Healthcare is still going strong. Looking at ucrest chart hope it will be like sept/oct 2017 and jun 2018, a second spike coming