Posted by adaminvest > 2018-08-15 16:52 | Report Abuse

Also a lot of financial irregularities stemming from MD and CFO accused of making unauthorized payments to unknown people to the tune of RM2.3m.

loneranger54 also said a lot of korean drama happening there with people getting arrested. If you're a shareholder of this company, might be good to go for the upcoming EGM to ask what the hell is going on there. At the very least get a good meal out of it.

Posted by Nafster > 2018-08-23 11:33 | Report Abuse

Versatile Creative sacks MD and group CEO over loss of RM2.3m

http://www.msn.com/en-my/news/national/versatile-creative-sacks-md-and-group-ceo-over-loss-of-rm23m/ar-BBMdJJ7?li=BBr8Hnu&OCID=HPDHP

Posted by OldOldhorse > 2018-08-25 17:07 | Report Abuse

According to the Cockroach Theory, whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed.

This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet

Posted by adaminvest > 2018-08-30 23:49 | Report Abuse

Looks like NSK performing a successful hostile takeover of this counter. But 2nd quarter performance not much different from first with another 4m loss. Now NSK needs to remove all the old management of this company who are obviously working with the current owners to cheat shareholders.

Looking at old records, this company performance has been horrible since Tony Lee Kwee Hiang took over. Also I agree with OldOldHorse definitely more bad news will come once new owners start digging. Good luck!

Posted by adaminvest > 2018-09-04 16:13 | Report Abuse

http://www.theedgemarkets.com/article/new-blood-versatile-creative

Pretty much sums it up.

Posted by firebaby > 2018-09-12 11:42 | Report Abuse

I sold it off 3 mths back, it is a tragedy when start to touch this counter.

Posted by firebaby > 2018-09-12 11:47 | Report Abuse

Morale of the story, don't ever touch on the counter with weak fundanmental, in the end u will only hurt badly from the fake hope

Posted by Lim Tek Wai > 2018-09-14 11:28 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

Posted by Hohup > 2018-09-18 09:21 | Report Abuse

Congrats

Posted by HoselGoh > 2018-09-18 10:51 | Report Abuse

Time for rebound intraday over sold done.

Posted by HoselGoh > 2018-09-18 10:55 | Report Abuse

Another wave if revisit 0.6

Posted by Darren > 2018-09-20 01:40 | Report Abuse

So many bad news still can jump 42%

Posted by adaminvest > 2018-09-20 01:54 | Report Abuse

The shares being controlled by big players. If you're a punter don't touch this stock with a ten foot pole.

Posted by SAStockAlliance > 2018-09-20 05:14 | Report Abuse

https://klse.i3investor.com/blogs/stockalliance/174641.jsp
KTC

Posted by paperplane > 2018-09-20 08:16 | Report Abuse

Ktc, kasi tekan ci

Posted by SK1200 > 2018-09-28 09:03 | Report Abuse

Cimb 1st TP - 0.86... fast grab before late.hihi

Posted by SK1200 > 2018-10-01 16:11 | Report Abuse

Collected at lower price

Posted by stockholm999 > 2018-10-01 16:17 | Report Abuse

why drop sooo much today?

Posted by Tarrance Schu > 2018-10-04 14:20 | Report Abuse

this share drop like hell

Posted by adaminvest > 2018-10-11 13:22 | Report Abuse

As firebaby said before - this company is controlled by unscrupulous people who are more interested in playing with share prices than doing actual business. They will play up the shares or let it drop but only for their own benefit.

Its likely that those people asking you to buy this share are working with them to boost the share price. So let anyone buying this share beware.

Posted by firebaby > 2018-10-15 15:01 | Report Abuse

this counter is not supported neither fundamental nor technical analysis, so just trade at your own risk.

Posted by OldOldhorse > 2018-10-27 02:14 | Report Abuse

http://www.theedgemarkets.com/article/former-ag-gani-patail-resigns-versatile-creative-chairman-after-24-days

Posted by adaminvest > 2018-11-23 10:45 | Report Abuse

Another quarterly loss declared and share at 0.47 now. Wonder if the people pushing to buy before have anything to say?

Posted by adaminvest > 2019-06-03 14:55 | Report Abuse

Wow - haven't come back for so long and this account has gone from bad to worst. Results horrible and they still can't find where the money that was supposedly 'stolen'? How is this possible? Did the former MD and finance guy take out 3m in cash and put into garbage bags? Lol!

I also see Ngew See Ng forced to resign from the company a second time. First time was because of corruption and they can still hire him one more time?! Good luck whoever want to invest here.

Posted by laucsh > 2019-06-06 09:56 | Report Abuse

why nsk boss so lousy

Posted by laucsh > 2019-06-06 09:57 | Report Abuse

nsk boss got cheated by them ??? hahaha

Posted by mawiLegend > 2019-06-13 23:58 | Report Abuse

sell out all..bursa malaysia sampah

Posted by josh123 > 2019-10-14 14:01 | Report Abuse

Anyone attend the AGM what did company say about NSK take over

Posted by adaminvest > 2019-11-29 18:31 | Report Abuse

Another loss... and long serving auditors Baker Tilly leaving. Starting to sounds a bit like 1MDB?

Posted by Clear1691 > 2020-01-29 11:46 | Report Abuse

What reason of the resistance breakout?

Posted by Artane > 2020-02-06 19:03 | Report Abuse

Tomorrow confirm goreng this stock, resistace breakout 0.28, all the plastic counter already move higher, this counter are laggard compared to other plastic counter, i believe operator will shift to this counter

Posted by volks2 > 2020-05-29 10:53 | Report Abuse

this counter is coming...

Posted by sftong2000 > 2020-05-29 12:26 | Report Abuse

Why this counter is up crazy?

Posted by nickleeson > 2020-05-29 14:17 | Report Abuse

coming, NSK RTO maybe

Posted by philip31 > 2020-06-01 18:44 | Report Abuse

How to buy when every quarter losing money.

Posted by shernlee > 2020-06-01 19:16 | Report Abuse

wow..not bad info..duno got people inside buying d or not..still cheap..boss still buying last few week..havent raise much..adui y bo post early

Posted by star captain > 2020-06-01 19:44 | Report Abuse

This company jus got the right issue money..nsk boss jus join in..will bring a big turnaround in this company..if the right issue prospectus report out we still duno they got so many healthcare customers which is main beneficiaries n they got another new glove client base on report..i think not many ppl know about this..not reli move still ..lets see how tomorrow it react

Posted by donald770 > 2020-06-01 21:22 | Report Abuse

Good info captain star. I bought some based on my instincts. Today movement is in the consolidation mood. If nsk comes in to restructure VCB there will be hope. The holding cost for nsk for VCB is way above 35cts.

Posted by captain star > 2020-06-01 21:32 | Report Abuse

can anyone help me to post this article at the i3 forum there..not sure y i cannot post that to let more people see it

Posted by vcgh23 > 2020-06-01 21:55 | Report Abuse

I think versatl sooner n later Nsk city trading business will be Injected into this company..plus recently secured so many glove clients based on report..I think share price will fly tmr ..

Posted by captain star > 2020-06-01 22:06 | Report Abuse

hahah still not so many ppl know that..buy at ur own risk ya..goodluck guys..lets see how high tomoro can go..nowonder the boss acquiring last few weeks..and chart seems some1 accumulating..

Posted by donald770 > 2020-06-01 22:12 | Report Abuse

How has been the reputation of nsk? Pls share. Thanks

Posted by captain star > 2020-06-01 22:26 | Report Abuse

semua uncle aunty makcikkuah suka..murah dan baloi hahahahha

Posted by vcgh23 > 2020-06-01 22:50 | Report Abuse

Yup captain star is absolutely right .. Nsk city business during MCO period super good.. almost everybody also cook at home and first choice sure think about nsk city first ..bcz a lot variety goods to sell...business running super good ..

Posted by captain star > 2020-06-01 23:24 | Report Abuse

and versatile is directly beneft during mco.why? their main client pharmaceutical company like meditop ,glove company such as anxell and wrp asia, f&b customers and other..how can we miss it..wow..luckily still low havent booms up

Posted by adaminvest > 2020-06-02 12:48 | Report Abuse

this counter has been in NSK control for 2 years now. They were already doing rubber glove business from before when they were losing every quarter. On top of that a few of the rubber glove companies they do business with have not paid them or gone bankrupt. WRP for example is being sued by them for 1.3m unpaid? The big question is why NSK haven't injected their business in already? Lots of people have been burned on this counter many times - just check back comments here and see. Buy at your own risk

Posted by shernlee > 2020-06-02 17:24 | Report Abuse

ok lets see how tis company go..i believe still got much space to grow..but not so fast

Posted by captain star > 2020-06-02 21:12 | Report Abuse

as long their main customer is glove and pharmaceutical company..they will benefit it for sure!!!!!!

Posted by vcgh23 > 2020-06-03 00:10 | Report Abuse

Let's see this week the share price will fly r not ..since all nsk bosses acquired share for the past 3 weeks ..is a signal to tell us ...we should jump in now..otherwise the rocket will shoot up very fast..

Posted by vcgh23 > 2020-06-03 22:19 | Report Abuse

Hi captain star any comment for versatile share price performance today???