Agree with pathfinder. No positive signs yet indicates some weakness. Company may have good prospects but now may not be the time to buy. May still be dropping in the coming days.
Not talking bad about this counter. I bought UCREST before and will buy later. But this wave is in negative mood, no point self-comfort saying buy for long term hold. Why not buying at a discounted price?
I see a descending triangle in technical chart, not a good sign. Could plunge below 0.20 Also, the result recorded drop in revenue and net profit. Not a good sign. huge selling at 0.235, obviously not done by retailers like us. So.....any positive news?
Bro, some of own invention need patent then patent need register so that other ppl will not infringe the patent or copyrights. Good to do tht also as Ucrest has its own invention . Sorry if im saying wrongly
Increase in intangible asset is a good news, meaning the Company have confident that more potential customer will buy their products and use their system. Hence, they buy more license from the supplier and more stocks to sell to the future customer. The next quarter result will jump again based on past result when Ucrest just obtained new contract. Ucrest will move to main board in next quarter and bring more confidence to the fund management to invest Ucrest. So, this is the last chance to collect at mega sales. I am collecting also. Hope it drop more and i will sailang.
Last year, big companies also difficult to sustain. for this financial, they still can maintain at this profit and no major losses then it can be consider a good and prospective company.
With such good prospect, super high profit margin company, net cash company, PE7, ROE40, got nothing to complaint. However, i still respect those people who able to find those funny reason to complaint ucrest; especially cash flow problem for profit company. Company purchase of intangible asset / PPE for generate cash flow in the future becoming cash flow problem. You all are expert.
i am collecting too. Since now global trend is on medical and technology sector. As what can see, Ucrest is combination on this 2 sectors, and is a good future company with good fundamental too.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Nicholasming91
3,559 posts
Posted by Nicholasming91 > 2019-01-30 14:48 | Report Abuse
Confirm no good... got cash problem also