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

deddymines

599 posts

Posted by deddymines > 2017-11-23 19:15 | Report Abuse

Lol don't need think so much. Brahmal buy we buy. He sell we sell :P

nocindycat

492 posts

Posted by nocindycat > 2017-11-23 19:22 | Report Abuse

thanks doc warrant, my love, sold today phew, tomorrow 32 take back

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:30 | Report Abuse

Hi everybody some might noticed by now my positive / negative comments may moved prices in last 3 trading days. This afternoon i was in negative mood just to please some adveseries who may have change ID to attack me. Disguise, masquerade, hmmmmmmm

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:37 | Report Abuse

Sorry to disappoint you uninformed, i did not lose a sen when Palette freefall from 51 sen..... Lets just say i know in advance........ Just like when prices swing back up.... When i talk up the shares people upset, when i talk down people upset. Terrible. I am very thin skin so is Brah. Thats why you may notice only ikan bilis playing around today,.. Today we have been surveying other brand. And the minute buying support price fell one beat and again and again ... hilarous.

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:44 | Report Abuse

For your info, i do know of some high rollers who do lose heavily millions but they will always be up there .... While ikan bilis who make a few sen to go to starbuck wil always be at the other spectrum kikekeke

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:45 | Report Abuse

I wont post any comments tomorrow on palette, gonna check out the return of the Icon - Perodua MYVI (not) and catch the movie- Flatliner........

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:46 | Report Abuse

Uninformed you heard of aides, assistants ?..... The lap sitting types......

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 19:47 | Report Abuse

Ask Krystal Lee where Palette is headed - Classy person.......

moneypedia

5,987 posts

Posted by moneypedia > 2017-11-23 20:45 | Report Abuse

headed to beheaded maybe...brahmal brahmal....

Orange88

4,181 posts

Posted by Orange88 > 2017-11-23 20:46 | Report Abuse

ATTENTION Krystal, Uncle Lim And Betta 68

ONLY 11 ml of 35 ml sales order has been shipped until today yet profit 3.5 ml from it. This is the new Kronologi. Banyak orang sakit hati. Read below...

“The reason why the Russian market takes off now is because the Government is driving the market (technology adoption in healthcare sector), while for the other market, the governments have not passed the laws to allow that yet,” he said after the company’s AGM on Wednesday.

He said the company would continue to strengthen and deepen the presence in Russia, China and countries like Taiwan and Singapore.

On the current order book, Eg said it stood at RM35mil, of which products worth RM11mil had been shipped in the last two quarters.

“We will probably ship out the remaining RM24mil in the third and fourth quarters as we are now already in the second quarter,” he said, adding that the company was actively bidding for new contracts in the big markets. - Bernama

Read more at https://www.thestar.com.my/business/business-news/2017/11/15/palette-to-focus-on-russia-and-asean-marts-in-fy18/#EuJto17A2ySTDksg.99

Toto2009

601 posts

Posted by Toto2009 > 2017-11-23 22:54 | Report Abuse

Palette will rebound tomorrow, this is roller coaster,
If You like, you will enjoy it... hahahaha, good night!

Toto2009

601 posts

Posted by Toto2009 > 2017-11-23 22:55 | Report Abuse

I sapu at 0.275 day before yesterday, hahahaha, let’s see tomorrow’s will fall back to this level... then will sapu more... cheap...

safewinner

746 posts

Posted by safewinner > 2017-11-24 00:07 | Report Abuse

Refresh myself ah, well plan good timing, is a trap or opportunity

whizzkid

1,336 posts

Posted by whizzkid > 2017-11-24 08:46 | Report Abuse

lose or win...I don't care...if win good...lose..find other opportunity...that is the way it is...no whining, complaining or "bitching"....hahaha

whizzkid

1,336 posts

Posted by whizzkid > 2017-11-24 08:47 | Report Abuse

negative remarks will only make someone lose more..or is it on purpose?

Posted by investorwannabe > 2017-11-24 08:57 | Report Abuse

PETALING JAYA: Brahmal Vasudevan, founder and chief executive officer of private equity firm Creador Sdn Bhd, is cautiously optimistic on broadband, wireless and mobile health company Palette Multimedia Bhd’s prospects.

“I expect it will take time for the company to yield full potential and one would need to be patient over the medium term.

“But the early signs are good and if the company continues to deliver, it could get re-rated in the process,” Brahmal told StarBiz.

Shares in Palette have been in the spotlight since Brahmal and other investors first took an interest in the company in August. Palette was only trading at six sen in the beginning of the year.


During Palette’s price weakness last week, Brahmal said that he took the opportunity to up his stake.

Thus on Tuesday, Brahmal emerged as a substantial shareholder in Palette, owning a total of 17.7 million shares or a 5.2% stake in the company.

Not surprisingly, the stock rallied over this news. Palette closed Wednesday up 5.5 sen to 37 sen on a volume of 53.3 million shares.

Brahmal’s interest in Palette is for its product as well as the earnings prospects.

“Palette has an interesting product in the mobile healthcare space. It is also now seeing good traction in Russia.

“Secondly, the company has been receiving a steady stream of contracts this year, and the results are already showing in its numbers,” he said.

For the first quarter to Aug 31, 2017, Palette staged an impressive turnaround, recording a net profit of RM3.03mil on the back of RM7.84mil in revenue. This was from a previous loss of RM516,000 on the back of RM222,000 in revenue.

If Palette’s earnings were to be annualised based on its first-quarter net profit of RM3mil, this would work out to RM12mil a year, which would mean a price earnings ratio (PER) of 10.2 times at its current price of 36 sen.

This valuation would be considered very palatable, as many of the semiconductor companies are trading at 20 times to 25 times PE.

Meanwhile, Eg Kah Yee, the chairman of Palette, said that his priority now is to continue building and expanding the business and leave it to the capital markets to play its role.

“We welcome and appreciate all types of investors. Long-term investors provide price stability, while short-term investors add to the liquidity and both are needed.

“Brahmal visited us a couple of times to understand the business in greater detail and had expressed that he is a passive but professional investor,” said Eg.

Since March this year, Palette has been announcing a series of hardware platform sales to Trade House Atlantis Ltd.

This company is associated with RKSS Group, one of the largest telecommunications system equipment developers and integrators in Russia.

While the contracts are for Internet of things platforms, they come with various cloud application softwares, including mobile health cloud and network access management.

For the month of October alone, Palette continued to win more Russian hardware contracts totalling RM7mil.

This means that to date, Palette has won a total of RM35mil worth of contracts.


Read more at https://www.thestar.com.my/business/business-news/2017/11/24/new-palette-investor-optimistic-over-firms-prospects/#layeiQoKd6RMcYfY.99

Don't think Mr Brahmal is a short term investor. Looking at this, I see potential in Palette.

Sky Soo

331 posts

Posted by Sky Soo > 2017-11-24 09:43 | Report Abuse

Hope it rebounds from here. However, if it breaks .30, a lot of sellers will come in to push it down.

whizzkid

1,336 posts

Posted by whizzkid > 2017-11-24 09:46 | Report Abuse

cut loss. and move on for those who do not want to wait..I did..will come back to collect at cheaper price.

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-24 10:24 | Report Abuse

inside been collecting, panic noob retailers been selling.

FiveStar

208 posts

Posted by FiveStar > 2017-11-24 10:26 | Report Abuse

When everyone think its falling thats when it flys if can break 0.35 sure will test 0.40 again.

MAESTROz

766 posts

Posted by MAESTROz > 2017-11-24 10:28 | Report Abuse

why dont u say rm1 haha

alphajack

3,685 posts

Posted by alphajack > 2017-11-24 10:29 | Report Abuse

brahmal need Bugatti..so Rm1 long term huat arrrrrrrrrrrrrrrrrrr

cybergreen

2,203 posts

Posted by cybergreen > 2017-11-24 10:37 | Report Abuse

lol. time to cut loss.

FiveStar

208 posts

Posted by FiveStar > 2017-11-24 10:44 | Report Abuse

Bcoz thats what the chart showing, break 0.35 next resistance is 0.40

wops

338 posts

Posted by wops > 2017-11-24 10:46 | Report Abuse

may be this is the time to run

whizzkid

1,336 posts

Posted by whizzkid > 2017-11-24 10:56 | Report Abuse

up..down..up..down..this counter must be really having a good time big time...hahaha..

MAESTROz

766 posts

Posted by MAESTROz > 2017-11-24 11:34 | Report Abuse

the fair price for palette should be around 0.18-0.22...just my 2c

speakup

26,984 posts

Posted by speakup > 2017-11-24 11:47 | Report Abuse

BRAHMAL GORENNNNGGGGGGGGG!!!!!!!!!!

nimmal

111 posts

Posted by nimmal > 2017-11-24 12:35 | Report Abuse

Sell they issuing new shares after 12pm . Selllllllllll

Posted by CentnSenses > 2017-11-24 13:25 | Report Abuse

Yeah, price already factor in all good news. No prospect now. Sell...
Please sell ... and sell harder.... dump all you have!
I diam diam queue at 23c. LOL

wops

338 posts

Posted by wops > 2017-11-24 13:59 | Report Abuse

may be today will drop to 0.29

BursaMice

48 posts

Posted by BursaMice > 2017-11-24 14:03 | Report Abuse

No hope already. Cut loss and move forward

lextcs

1,961 posts

Posted by lextcs > 2017-11-24 14:52 | Report Abuse

palette is a super Casanova.... he already played the leng lui inside out outside in left right center... now looking for new target ma...game over

pakmat

47 posts

Posted by pakmat > 2017-11-24 14:55 | Report Abuse

apa yg kau merapu ni...hahahaha

lextcs

1,961 posts

Posted by lextcs > 2017-11-24 14:58 | Report Abuse

ngomong ngomong kosong jer ...bursa macam muzium ...senyap jer

Posted by hafizanms > 2017-11-24 15:32 | Report Abuse

kaunter jahanam

Orange88

4,181 posts

Posted by Orange88 > 2017-11-24 16:52 | Report Abuse

hi guys i am back did i miss anything ? Price explode ? Crash ?

Orange88

4,181 posts

Posted by Orange88 > 2017-11-24 16:53 | Report Abuse

WHAT 34 Sen you guys have been watching same movie as me FLATLINER ? (I said that last night)

IronShirt

3,178 posts

Posted by IronShirt > 2017-11-24 16:55 | Report Abuse

wops, i also think Pal can hit 0.29----maybe next week bcos same fall pattern like last round----
syndicate play-----everytime Mr B enter any stock, syndicate follows

Orange88

4,181 posts

Posted by Orange88 > 2017-11-24 16:56 | Report Abuse

Lets see..... whooooaaa yeah fortune tellers Nimmal and JN 88 predicted big drop - Tur to form.
Lucky we not living in feudal times having to make fortune telling predictions otherwise king say
Off With The Head !

Orange88

4,181 posts

Posted by Orange88 > 2017-11-24 16:57 | Report Abuse

I didnt make any fortune telling yesterday i only said FLATLINE

Orange88

4,181 posts

Posted by Orange88 > 2017-11-24 16:58 | Report Abuse

By the way ROLLER COASTER is my copyright. From now onwards no more roller coaster on palette price. A more orderly movement.........

Wuzy

1,579 posts

Posted by Wuzy > 2017-11-24 18:01 | Report Abuse

queue at below 30 cents is wise choice

林立胜

120 posts

Posted by 林立胜 > 2017-11-24 19:22 | Report Abuse

enter 0.32,sell at 0.365,this kind of stock if goreng no power must throw immediately to avoid trap

moneypedia

5,987 posts

Posted by moneypedia > 2017-11-24 19:23 | Report Abuse

Wong is the past brahmal the future laaaa for palat oic....

Betta68

2,300 posts

Posted by Betta68 > 2017-11-26 13:28 | Report Abuse

Confirm, tp 0.540

speakup

26,984 posts

Posted by speakup > 2017-11-26 16:22 | Report Abuse

Brahmal (of Creador) & TS Wong (of Myeg) do insider trading in Palette Multimedia but not arrested. Palette has been losing money for many many quarters in a row. But after Brahmal & TS Wong become major shareholders of Palette, suddenly Palette shows a profitable quarter! So coincidence? I dont think so! Brahmal & TS Wong had insider information!
The only difference between Stanley Thai & Brahmal/TS Wong is Stanley Thai openly declared his support for Pakatan Rakyat (now Pakatan Harapan). For that he targeted by the evil BN. But no action against Brahmal & TS Wong for insider trading in Palette because they are BN supporters (myeg kiss BN-ass for govt contracts). This is SELECTIVE PERSECUTION by BN, where BN supporters can escape persecution for committing crimes, but opposition supporters are persecuted for the slightest wrong doing however small.

Why such a big fine and jail term for Stanley Thai? GE14 is just around the corner, this is to ensure that NO OTHER CEOs dare openly express their support for Pakatan Harapan ahead of the coming GE14.

Traderkkk

148 posts

Posted by Traderkkk > 2017-11-26 19:53 | Report Abuse

I m willing to follow Brahmal to hold it medium term 3 months . I m expecting traders will buy back tomorrow .. mark my word !

Orange88

4,181 posts

Posted by Orange88 > 2017-11-27 09:39 | Report Abuse

Its 940 now investors hpw do you enjoy the movie Flatline so far ? Wanna change channel ?

adamsmith

338 posts

Posted by adamsmith > 2017-11-27 11:28 | Report Abuse

follow Brahmal to holland....

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