Posted by donald770 > 2018-05-15 19:44 | Report Abuse

Recently its directors said its revenue will increase marginal double digits n Dato Wong said he will buy back the shares when there is opportunity.Its quarter result is due anytime now. There was a gain of disposing Iris shares. Its low price n impending better results may prompt buying by Dato. My prediction only.

Posted by firebaby > 2018-05-16 11:05 | Report Abuse

I holding the shares since last year at very high price, plan to cut loss and looking for better price to run. I wan to run that time about 0.8++ and my friend keep tell me to hold, until now.......

Posted by donald770 > 2018-05-16 15:44 | Report Abuse

Firebaby I also got stuck at 80++. My friend kept on to buy n to hold.

Posted by donald770 > 2018-05-16 15:46 | Report Abuse

My friend also kept on telling to hold. Or buy.l trust him so much.Now suffer.

Posted by firebaby > 2018-05-16 15:52 | Report Abuse

Thats why i dont put too much expectation on this counter, is my mistake to follow friend advise whereas fundanmental and technical has shown weakness last year. I learned my painful lesson from this counter.

Posted by firebaby > 2018-05-16 15:56 | Report Abuse

I just hope it wont be end up like we are the one keep buying and hold while the directors keep dispose the shares to us quietly.

Posted by Yukimura > 2018-05-16 19:47 | Report Abuse

I am holding at high price too. Had been holding more than 1 year.

Posted by firebaby > 2018-05-16 20:09 | Report Abuse

Luckily i only holding 25% of my entire portfolio on this counter. I sold off all my other counter completly and let my company help me manage my funds. So far consistent achving 5-7% monthly return and yet is capital guarantee. I think by end of the year i should able recover my losses from this counter dy

Posted by BlackWhite > 2018-05-18 10:50 | Report Abuse

Hold or sell depend on their latest loss n profit reported was it good or bad

Posted by donald770 > 2018-05-20 12:06 | Report Abuse

Firebaby, one - point is this stock has Iris shares n joint venture with it. What is your opinion on our CEO and the future of Versatile? Should we hold or just dispose. Thanks

Posted by firebaby > 2018-05-21 11:27 | Report Abuse

U look at iris past qr then u feel n no mood dy

Posted by firebaby > 2018-05-21 11:35 | Report Abuse

FYI, I bought this counter around 1.5 and i'm not going to have much hope on this counter

Posted by donald770 > 2018-05-21 12:01 | Report Abuse

Thanks firebaby. Dato Wong got any political inclination? Any way I am now in Croatia joining Singapore travel package but still worry about this counter's fundamental n Future.

Posted by firebaby > 2018-05-22 11:36 | Report Abuse

I think no involve in politic, if there is, it already drop even worst than myeg or gkent. The only ways to save this counter is the latest qr, only with outstanding result can getting ppl to support this counter

Posted by donald770 > 2018-05-22 14:51 | Report Abuse

Thanks firebaby.

Posted by donald770 > 2018-05-25 21:35 | Report Abuse

Thanks for your information

Posted by OldOldhorse > 2018-05-25 22:44 | Report Abuse

Read:

http://www.theedgemarkets.com/article/stone-master-ceo-resigns-after-one-year-helm

(View the share price during his appointment - resignation )

http://www.theedgemarkets.com/article/new-major-shareholder-offers-project-versatile

His involvement again , during peak of the share price.

What happen to the project announced ?

Posted by OldOldhorse > 2018-05-25 22:51 | Report Abuse

Mention was 30% constructed , completed by early 2018.

http://www.theedgemarkets.com/article/versatile-creative-terminated-main-contractor-us693m-halal-vaccine-project

Then terminated early last year.

He should be in the midst of being sued if deposit collected & didn’t completed the project.

Posted by donald770 > 2018-05-31 20:13 | Report Abuse

Ladies n gentlemen, the quarter result is out and it incur a loss of 6.7 m n with current bearish market it will prompt selling. It is just my opinion. I can be wrong.

Posted by adaminvest > 2018-06-03 14:59 | Report Abuse

Guys, don't be fooled by this account. The chairman Tony put his brother-in-law and daughter to handle some units of this company and they screwed up so badly that those units are now virtually insolvent. That tony fella is also reportedly one of the main reasons why the Iris company lost so much money the last few years.

Oldoldhorse- you are right about the new owners. Check out their Oriental Mace and Fellazo Corp companies. I think you will find that these guys look very dodgy and they seem to be in a habit of announcing stuff in the market that never come to fruition.

Posted by firebaby > 2018-06-04 09:58 | Report Abuse

Gg....

Posted by OldOldhorse > 2018-06-07 00:33 | Report Abuse

Tony doesn’t seem to have good record to
All his related companies.
He sold most of his shareholding . Wonder why he is still the chaiman.
New owners failed to turnaround, look like they just come in to spike the share price n dump ...
Just another con job

Posted by adaminvest > 2018-06-07 01:26 | Report Abuse

Looks like the new owners also been selling off their shares too. I wonder why they seem to be doing a lot of their selling during the closed period. They must know something that smaller shareholders have no clue about. Why doesn't bursa do anything to protect the small shareholders? This kind of thing shouldn't be happening on a consistent basis.

Posted by firebaby > 2018-06-07 15:50 | Report Abuse

Rubbish counter

Posted by adaminvest > 2018-06-20 12:02 | Report Abuse

Price going up! Sell sell sell!

Posted by 葉峰發 > 2018-07-02 09:53 | Report Abuse

up up up
0.650

Posted by Hohup > 2018-07-02 16:09 | Report Abuse

As long as maintain 65 sen, next 70sen

Posted by Hohup > 2018-07-02 18:35 | Report Abuse

Sensing something. TP RM1 LOL

Posted by adaminvest > 2018-07-02 21:22 | Report Abuse

Looks like a new player coming in to try their luck at this failing business. Or maybe they just want the Ampang land that they are on? Got to make the price good for the new shares that they issuing. Buyer beware!

Posted by OldOldhorse > 2018-07-03 20:51 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5844677

Posted by apolloang > 2018-07-03 22:38 | Report Abuse

con company.pump and soon will dump.many times already yet bursa mata buta

Posted by adaminvest > 2018-07-04 10:10 | Report Abuse

Old Horse- Wow. Didn't know things were that bad. Everyone better run from this account now.

Posted by willc48 > 2018-07-04 16:43 | Report Abuse

Ceo & cfo remanded for manipulated? Better sell. Similar case to High 5 bread case which burnt my wallet with unethical controĺling share holders

Posted by cy91 > 2018-07-04 23:14 | Report Abuse

buy buy buy so u can lose everything

Posted by adaminvest > 2018-07-05 11:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2016/08/30/wong-now-substantial-shareholder-in-versatile-creative/

From what I understand this Andy Yap Jee Wye guy came in as an associate of Dato Wong, the guy being accused of misconduct. Now he is made the interim CFO?

Then its announced that he disposed 800k shares on 29th? This all stinks to high heaven. The way all the directors have been selling off their shares... (shakes head).

Posted by nhm47 > 2018-07-05 16:08 | Report Abuse

Sell first.

Posted by nickleeson > 2018-07-09 16:42 | Report Abuse

ate of Change Type Number of Shares
04-Jul-2018 Acquired 4,468,000
Registered Name NSK TRADING SDN BHD
Nature of Interest Direct Interest

Posted by ttboo > 2018-07-09 16:44 | Report Abuse

possible RTO soon?

Posted by nickleeson > 2018-07-09 16:45 | Report Abuse

appears to be one in the making....all NSK and NSK related

Posted by loneranger54 > 2018-07-16 17:59 | Report Abuse

LOL! Tony Lee Kwee Hiang reporting that money missing from Versatile is like Najib reporting money missing from 1MDB!

From what i hear this is a fight between dato wong and tony for control over the company. tony has very weak cash flow so he tricked wong to come in before back stabbing him by implicating him for embezzlement. wong was the one who caught and removed tony's COO for the same thing.

I hear NSK was brought in by Wong to try to take over Versatile but it was not sucessful and police had to be brought in during a board meeting and several people had to leave in handcuffs, Run far far away from this counter!

Posted by Yukimura > 2018-07-16 20:08 | Report Abuse

This company so terrible.

Posted by adaminvest > 2018-07-17 11:56 | Report Abuse

Wah like Korean drama. I see that Andy Yap has also resigned for 'personal reasons'. When even new finance people start selling their shares and running away you know that big trouble coming.

Posted by Bijan > 2018-07-24 21:44 | Report Abuse

with all this bad news. look for PN17 soon. sold all. lost little better than Zero..

Posted by adaminvest > 2018-07-25 10:21 | Report Abuse

One month they still cannot come out with result of forensic audit? Can trust the results they been publishing last few years? BOD been selling their shares during closed period for months? This should be a serious case of insider trading but this Tony and Wong guy going to get away scot free? This is why dangerous to buy shares of Malaysian companies especially those in control by people with such bad track records.

Posted by adaminvest > 2018-08-02 19:33 | Report Abuse

Drop nearly 10% in one day. Look like internal people know what going to happen soon. I hope firebaby and the others managed to sell before the PN17 happens.

Posted by Yukimura > 2018-08-02 22:32 | Report Abuse

Agree with you adaminvest. But just wonder who are buying since so many bad news came out in the paper

Posted by adaminvest > 2018-08-03 10:36 | Report Abuse

I don't think there are many small share holders for this company anymore. Vast majority owned by either Wong people,Tony people or NSK. Also I believe that a lot of bank money has been borrowed to fund the purchase of these shares. These guys will have to find a way to keep the share prices at a certain level otherwise the banks will come knocking on their doors to collect money.

They just buying time to look for new 'partners' to take over this lemon.

Posted by Lim Tek Wai > 2018-08-03 11:15 | Report Abuse

Good to invest

Posted by adaminvest > 2018-08-03 16:46 | Report Abuse

Looks like the counter suspended. Lim Tek Wai: I hope you managed to buy enough shares to help some of the small share holders to escape.

Posted by snina > 2018-08-15 09:19 | Report Abuse

why