UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.115

Today's Change

+0.005 (4.55%)

Day's Change

0.11 - 0.12

Trading Volume

3,013,900


15 people like this.

18,981 comment(s). Last comment by Soliday 1 week ago

tkk1127

255 posts

Posted by tkk1127 > 2018-08-24 11:27 | Report Abuse

i also find money and buy in currently...really a huge discount to average down my cost and hold as long as this company performance is good. Net cash + 25% net profit margin + expect increase in future revenue as they take the contract with SG since April 2018.

Posted by teikcheon > 2018-08-24 11:29 | Report Abuse

@tkk1127, very good your stocks selections, thumbs up

Posted by i3nvestor > 2018-08-24 11:43 | Report Abuse

@tkk1127, yes, brahmal is in this stock too

Posted by i3nvestor > 2018-08-24 11:48 | Report Abuse

@tkk1127, i agree with you, as long as the company fundamental never change, then its ok.

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 11:51 | Report Abuse

walao

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 12:17 | Report Abuse

brahmal dispose ?

Posted by William Tan > 2018-08-24 14:06 | Report Abuse

tkk1127:as they take the contract with SG since April 2018.
can share with me where u get this info

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 14:16 | Report Abuse

investors lost trust already

sonyx123

657 posts

Posted by sonyx123 > 2018-08-24 15:21 | Report Abuse

shit what's happening

humaira

204 posts

Posted by humaira > 2018-08-24 15:22 | Report Abuse

still continue dumping again..

sonyx123

657 posts

Posted by sonyx123 > 2018-08-24 15:22 | Report Abuse

results good, also like roller coaster?

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 15:25 | Report Abuse

kantoi cook the books ?

RX350

1,968 posts

Posted by RX350 > 2018-08-24 15:30 | Report Abuse

anyone who follow this uncle lim will definitely go south lol

niasing

93 posts

Posted by niasing > 2018-08-24 15:37 | Report Abuse

Too low, just hold & wait only...

Posted by knightyonder > 2018-08-24 15:44 | Report Abuse

yesterday broke the lower low became downtrend already, luckily i run fast fast

Posted by knightyonder > 2018-08-24 15:45 | Report Abuse

wait for reversal and collect from bottom later

Posted by knightyonder > 2018-08-24 15:45 | Report Abuse

markets sentiment very bad almost no stocks can enter now

niasing

93 posts

Posted by niasing > 2018-08-24 16:06 | Report Abuse

@knightyonder yaloh, yesterday i failed to sell all. Today really no eyes see...

Sniper86

516 posts

Posted by Sniper86 > 2018-08-24 17:29 | Report Abuse

William Tan tkk1127:as they take the contract with SG since April 2018.
can share with me where u get this info

Why expect people to spoonfeed u? Btw, the contract value is only 6.1 mil MYR

Sniper86

516 posts

Posted by Sniper86 > 2018-08-24 17:30 | Report Abuse

@ William Tan

KUALA LUMPUR (April 9): UCrest Bhd said its wholly-owned subsidiary Palette System Sdn Bhd has bagged two contracts worth RM6.1 million in total, for the development of digital platforms for Key Asic Pte Ltd.

The first contract is for the development of a virtual storage platform for iMedic with a total of 10,000 user licenses for 12 months, valued at US$993,658 (RM3.84 million). The second is for the development of the iMedic software and hardware platform for 15,000 user licenses per year, worth US$564,616 (RM2.18 million).

“The contracts are expected to contribute positively to the net assets per share and earnings per share of UCrest and its subsidiaries for the financial year ending May 31, 2018," UCrest, formerly known as Palette Multimedia Bhd, said in a Bursa Malaysia filing today.

The awards came on the back of a contract signed between Palette System and Key Asic in February, for the sale of 40,000 licenses for the iMedic platform for one year, as well as configuration works for the cloud platform worth US$838,993 (equivalent to RM3.27 million then).

tehts99

11 posts

Posted by tehts99 > 2018-08-24 17:32 | Report Abuse

This stock very volatile
. Next support 0.30 .

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 18:03 | Report Abuse

any insider news ? looking at the volume, seems coming from small sharks that bought last july. brahmal shark still inside.

hisehatu

2,250 posts

Posted by hisehatu > 2018-08-24 18:10 | Report Abuse

WTF?? Deyy what happen?

Posted by Shareshare1594 > 2018-08-24 18:19 | Report Abuse

Uncle_Lim looking at the volume, seems coming from small sharks that bought last july. brahmal shark still inside.
24/08/2018 18:03
How do you know?? Can you please share??

RX350

1,968 posts

Posted by RX350 > 2018-08-24 19:23 | Report Abuse

Noob lim looking for insider's news? lol

RX350

1,968 posts

Posted by RX350 > 2018-08-24 19:27 | Report Abuse

Noob lim looks like a beggar here now lolz

pang72

51,279 posts

Posted by pang72 > 2018-08-24 19:29 | Report Abuse

What happen?

pang72

51,279 posts

Posted by pang72 > 2018-08-24 19:30 | Report Abuse

All counter drop suddenly in big way....One and another

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 20:19 | Report Abuse

Shareshare1594 : see the volume when brahmal and creador enter. and compare with today's volume

samheong78

472 posts

Posted by samheong78 > 2018-08-24 21:48 | Report Abuse

BETWEEN Nov 20 and 24, notable filings with Bursa Malaysia included that of the emergence of Brahmal Vasudevan as a substantial shareholder in software provider UCrest Bhd, after he purchased 17.7 million shares or a 5.2% stake in the company on Nov 21.

The transacted price was not stated in the filing. On Nov 21, UCrest, formerly known as Palette Multimedia Bhd, was trading at 26 sen to 32.5 sen per share, an average of 28.9 sen apiece.

Posted by Shareshare1594 > 2018-08-24 21:48 | Report Abuse

Uncle_Lim : Wow cool..U do keep track on their activities..thumbs up to u! :)
Btw whats your outlook on this counter next week?

samheong78

472 posts

Posted by samheong78 > 2018-08-24 21:48 | Report Abuse

Think can enter at 30 cents

Posted by Shareshare1594 > 2018-08-24 22:13 | Report Abuse

samheong78.. why 30 cents?

Posted by BahaiSim > 2018-08-24 22:43 | Report Abuse

Goreng finished game over

CITADEL

1,867 posts

Posted by CITADEL > 2018-08-24 22:43 | Report Abuse

I believe Mr Brahmal still inside, just collect on weakness, dun chase high

sonyx

126 posts

Posted by sonyx > 2018-08-24 22:55 | Report Abuse

Er Uncle_Lim, do you even look at the volume properly before spreading false analysis...

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2018-08-24 23:05 | Report Abuse

why don't you tell me about your analysis and show that you understand price volume analysis.

Hedge Fund

214 posts

Posted by Hedge Fund > 2018-08-25 08:57 | Report Abuse

time to collect...the idiots dumping is over....

samheong78

472 posts

Posted by samheong78 > 2018-08-25 09:13 | Report Abuse

It was just short selling.. closing price on the day Brahmal bought was 31.5 and 32. Now is 34. Brahmal indeed earning a little more than bank's interest.

samheong78

472 posts

Posted by samheong78 > 2018-08-25 09:15 | Report Abuse

So far, I understand that Brahmal is a long term investor. Investment horizon definitely longer than retail investor who usually hold for a few weeks or few months.

Emily Wong

110 posts

Posted by Emily Wong > 2018-08-25 10:02 | Report Abuse

be careful, heard that price will drop below 0.30

samheong78

472 posts

Posted by samheong78 > 2018-08-25 10:19 | Report Abuse

Time to collect below 30 cents

samheong78

472 posts

Posted by samheong78 > 2018-08-25 10:20 | Report Abuse

Might drop to 25 cents

samheong78

472 posts

Posted by samheong78 > 2018-08-25 10:23 | Report Abuse

Monday could drop 8 cents..

huahtai98

770 posts

Posted by huahtai98 > 2018-08-25 10:24 | Report Abuse

Don't guess....and don't predict....CARE❗

LaksaBoy

353 posts

Posted by LaksaBoy > 2018-08-25 10:24 | Report Abuse

lanjiao stock

RX350

1,968 posts

Posted by RX350 > 2018-08-25 10:47 | Report Abuse

False analysis by noob lim, lol

Boringguy

1,090 posts

Posted by Boringguy > 2018-08-25 11:19 | Report Abuse

i think Monday will rebound back...

sonyx123

657 posts

Posted by sonyx123 > 2018-08-25 11:35 | Report Abuse

Lim.... The # of volume on 5 Jun is 132mn, and only 50mn yesterday. On 20th July, there's 50mn of volume which push up from 38 to 41/42 range... So it could also be that buyer that exit..

Posted by profitsmastery > 2018-08-25 12:25 | Report Abuse

Do not panick guys. No bad news commencing. invest base on fundamental. If u intend to goreng should be out already 0.405 signal out wedge. I believe the price of ucrest is sensitive base on history. do not sell out. if white marobuzu commence then it has chance to go up again. Futhermore Dow theory still intact making higher high higher low. If the stock goes previous low then means its sideway. making higher high and lower low. then will rebound next. not only ucrest but all kaunter down last friday. normal. if you overtrade then you will be sweating.

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