UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.11

Today's Change

+0.005 (4.76%)

Day's Change

0.105 - 0.11

Trading Volume

412,700


15 people like this.

18,985 comment(s). Last comment by peaceKeeperGPT 1 week ago

UnicornP

2,866 posts

Posted by UnicornP > 2017-11-13 23:18 | Report Abuse

When up, nobody praises TS Wong; When down, everyone curses him. How is that fair??
BTW what TS Wong did today is good. He will kick away the weak and uninformed holders to reflect the true value of Palette.

Posted by SureWin1Woh > 2017-11-13 23:20 | Report Abuse

Bra-V is a famous value investor but in this case he loaded tons of warrant which pnly have a very short lifespan till Mar 2018. If he had not have knowledge of the whole gameplan, u think he dared to sailang the warrant??

Awet91

1,934 posts

Posted by Awet91 > 2017-11-13 23:21 | Report Abuse

Then he can collect cheap price after all week holder sell their share

Posted by SureWin1Woh > 2017-11-13 23:22 | Report Abuse

Never trust anyone in the media....these.branded super inveators all are just liIke "licensed" syndicate.

Posted by SureWin1Woh > 2017-11-13 23:23 | Report Abuse

Next could be Bra"s turn to come out and say he had disposed all warrants.....

Posted by SureWin1Woh > 2017-11-13 23:24 | Report Abuse

Or they could be making another few rpunds..

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:25 | Report Abuse

Another con stock mastermind by the clever Wong and Brahmal. Both already laughing all the way to the bank....hahaha

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:27 | Report Abuse

Palette is going back to where it belong before W-B came into the news...don't ever catch a sharp falling knife, going south for sure !! Ruuunnnnn.....

Posted by Mohd Fahmi Bin Jaes > 2017-11-13 23:28 | Report Abuse

My E.G. Services Bhd group managing director Wong Thean Soon said he is not planning to acquire diversified entity Malayan United Industries Bhd (MUI).

Wong rubbished news reports which suggested he is planning to acquire MUI since he had earlier bought MUI shares as a passive investment.

He said he had disposed of all of his shareholdings in MUI and Palette, and will refrain from making any passive investments in listed equities in the future.

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:29 | Report Abuse

End of show....congrat to those who managed to sell above 45 cents.

Posted by Kenneth Hng Kah Meng > 2017-11-13 23:42 | Report Abuse

Wong Is Just a bonus , If no still Can rebound

nocindycat

492 posts

Posted by nocindycat > 2017-11-13 23:50 | Report Abuse

tomorrow you sell i buy, remember, i sold at high

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:51 | Report Abuse

Yes, rebound 2 cents then down another 5 cents

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:53 | Report Abuse

No more news how to go up to 50 cents again ?? Sharks are not stupid.

greedy44

735 posts

Posted by greedy44 > 2017-11-13 23:55 | Report Abuse

TS Wong is the more clever guy than most of us...earned millions already from Palette and Muiind.

greedy44

735 posts

Posted by greedy44 > 2017-11-14 00:00 | Report Abuse

He must have sold off all of his holding this morning before he made the press statement during lunch hour....really clever guy.

Posted by shangrila > 2017-11-14 01:30 | Report Abuse

put it this way.....Malaysia had three notable con artist....ts wong, lim kh, n the most awesome one jlow......
all are smart in making money
should learn from them

sell

2,457 posts

Posted by sell > 2017-11-14 04:11 | Report Abuse

'No more passive investments’, says TS Wong
Read more at http://www.thestar.com.my/business/business-news/2017/11/13/no-more-passive-investments-says-ts-wong/#cbELicXPu1olJ7KR.99

sell

2,457 posts

Posted by sell > 2017-11-14 04:12 | Report Abuse

Will drop to below 10 sen?

deddymines

599 posts

Posted by deddymines > 2017-11-14 04:48 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/10/05/ts-wong-and-brahmal-emerge-as-palette-shareholders/

to begin with... TS Wong only had 12mil shares.Probably spent just like rm100k for it. As long as Mr Eg and Brahmal are still in it, Palette should be fine.

I thought people were investing in the business and the prospects of Palette. Not because of TS Wong's mere 3% holdings... Perhaps when all this TS Wong selling off his shares hype goes off, Palette might rise again. Dont really know about Mui but Palette is becoming profitable with the revenue from Russia.

But the million dollar question is when will the selling stop? Today? Tmr? Next month? Just have to be more rajin and monitor the technicals.

So that is my 2cents. But i may be wrong. Market is irrational. That is what makes it so interesting :) So what am I doing? I am an opportunist. I entered a litlle at 40c. I am going to buy abit more when it drops nearer to the next support level and MOST importantly, I have set my stop loss point.

Happy trading and Good luck guys. Cheers

cytew

1,618 posts

Posted by cytew > 2017-11-14 05:36 | Report Abuse

I am suspecting the business from Russia could be fictitious..

FullTime

1,074 posts

Posted by FullTime > 2017-11-14 06:12 | Report Abuse

Yes deddy, most of contract was given to palette and palette managed to deliver during Q3, Q3 result will see huge climb, unlike muiind , muiind is a loss making company

deddymines

599 posts

Posted by deddymines > 2017-11-14 06:13 | Report Abuse

(1) https://www.thestar.com.my/business/business-news/2017/09/02/a-palette-of-good-news/

(2) http://www.palettemm.com/files/The_Edge_Markets_-_Palette_ventures_into_Russia_-_2017-03-07.pdf

(3) http://www.focusmalaysia.my/Markets/palette-wa-to-soar-on-russian-orders

(4) https://cdn1.i3investor.com/my/files/st88k/0005_PALETTE/qr/2017-08-31/0005_PALETTE_QR_2017-08-31_Qtrly%20result%20for%20period%20ended%20(31082017)_833176397.pdf


Well they did mention that they managed to penetrate in Russia in their quarterly report. And the Mr Eg also says Russia is expected to contribute substantially to its future revenue. Unless the edge, focusmalaysia and the star are screwing with us :p

deddymines

599 posts

Posted by deddymines > 2017-11-14 06:14 | Report Abuse

well time will tell. 3 hours till market open :)

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-11-14 07:55 | Report Abuse

Very Attractive price now...
,,,,20,% jackpot today no sweat
BE GREEEEEEDY WHILE OTHERS IN SHIVERINGG- W BUFFET

Hohup

376 posts

Posted by Hohup > 2017-11-14 08:19 | Report Abuse

Oh palette. Please dont disappoint us. I know your business in russia is doing well now.

Posted by Mohd Fahmi Bin Jaes > 2017-11-14 08:43 | Report Abuse

sell

Richman96

68 posts

Posted by Richman96 > 2017-11-14 08:49 | Report Abuse

Fibonacci retracement 61.8% is at 0.405 and 38.2% at 0.34

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-11-14 08:55 | Report Abuse

READY ?......every one ....
ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK
SURE ONE $$$$$$$$$$$$$$$$$$

Richman96

68 posts

Posted by Richman96 > 2017-11-14 08:56 | Report Abuse

0.405 wall broken ....

lextcs

1,961 posts

Posted by lextcs > 2017-11-14 09:02 | Report Abuse

how much did TSW took out from this stk? 3.9% stake or abt 13m shares times lets say he sold 0.40 or about RM5.2 million.

Yesterday's its mkt cap lost RM 29M. Question is how can a RM5.2m sell out cause such a drastic loss in the market cap?

If not for a whole concerted effort by the powers to be, such a situation would not happen. The media, the timing of the info are all well played and orchestrated to produce the intended results by the conductors of this symphony.

There will be another palette in the making just like the IRIS, the harvest, the datapreps, and so on.

Meantime just enjoy the show and get ready for the next movie.

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-11-14 09:05 | Report Abuse

COMINGGGGGGGGGGGGGGGGGG $$$

## Those Pressing the PANIC BUTTON just now >> now Bangingg their head to the WALL 5X IN MAD !

Posted by Chee Chai Sian > 2017-11-14 09:08 | Report Abuse

each counter has connection with myeg will sure become a topic to exit,the price will coplase...it just a technnical rebound...

Forecast

53 posts

Posted by Forecast > 2017-11-14 09:11 | Report Abuse

Cut loss/Keep your bullet and collect lower later.

speakup

27,288 posts

Posted by speakup > 2017-11-14 09:11 | Report Abuse

SAI LANG!!!!

Posted by Chee Chai Sian > 2017-11-14 09:12 | Report Abuse

yesterday heaven high volume proved banker left.... now water fish step in...

kenlee

2,808 posts

Posted by kenlee > 2017-11-14 09:14 | Report Abuse

buy!!!!!!

speakup

27,288 posts

Posted by speakup > 2017-11-14 09:15 | Report Abuse

IF EVERYONE HERE TOGETHER BUY, IT WILL UP!
1 .... 2 ..... 3 ...... BUY!!!!!

Forecast

53 posts

Posted by Forecast > 2017-11-14 09:18 | Report Abuse

speakup play pallete stock until crazy?

greedy44

735 posts

Posted by greedy44 > 2017-11-14 09:20 | Report Abuse

Sharp knife is falling...who dares to catch the knife ??? Ruunnn....

Richman96

68 posts

Posted by Richman96 > 2017-11-14 09:20 | Report Abuse

Stable now its time to buy ! ... MUI stable down , Keyasic also stable .... go go go

moneypedia

5,990 posts

Posted by moneypedia > 2017-11-14 09:21 | Report Abuse

ok la ok la buy a bit... .395, hehehe

Richman96

68 posts

Posted by Richman96 > 2017-11-14 09:22 | Report Abuse

Double bottom at 0.385 !!!

speakup

27,288 posts

Posted by speakup > 2017-11-14 09:22 | Report Abuse

DARE TO BUY = DARE TO BE RICH!

moneypedia

5,990 posts

Posted by moneypedia > 2017-11-14 09:25 | Report Abuse

ok done, i left a while for breakfast...

Richman96

68 posts

Posted by Richman96 > 2017-11-14 09:28 | Report Abuse

Tomorrow AGM... change name to UCREST

Orange88

4,181 posts

Posted by Orange88 > 2017-11-14 09:29 | Report Abuse

Correct Syndicate shaking out weak retailers

greedy44

735 posts

Posted by greedy44 > 2017-11-14 09:31 | Report Abuse

Palette up because of Wong, Palette down because of Wong too...simple logic

speakup

27,288 posts

Posted by speakup > 2017-11-14 09:31 | Report Abuse

CONGRATS THOSE BUY <40sen. BUTA PROFIT ALREADY!

speakup

27,288 posts

Posted by speakup > 2017-11-14 09:33 | Report Abuse

this is called a SHAKE OUT.
TS WONG say he sell off to push down the price so he can buy back more at cheap price. Play 2nd round. JOM BUY!

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