As I said many times before, there have many false stories and false dawns. People like you have surfaced and disappeared to make quick profits from gullible ones. Have a heart

There have been so many false dawns. Let's hope your prediction comes true

Furthermore, the announcement says no material effect on the earnings for financial year May 2025. So don't get your hopes up.

It's more like sell on news. Price dropped after announcement

Many are here to ride the tech wave. You either make or break. Decide wisely before you enter

Financial statement is just 1/3 of the analysis. We have to look at its business and management that form the other 2/3 of it. So you are 1/3 right if just based on revenue. The business is promising but the management is questionable.

Trade cautiously. Don't get into a FOMO mode. Use judgement and watch the trend. Better be sure than to regret later. Many have been trapped here for a long time.

Please don't shout here and there about new project or insider news to confuse people.

It will take some time. It needs a very strong catalyst to boost the price up. Good prospect but you need lots of patience. So far all the deals are just tid bits, they are not the real stuff

Insider news, fasten your seatbelt, new project...same old story

Woke up on the wrong side of the bed...😂

Probably Bioalpha's herbal concoction

Something is brewing...

I have fastened my seatbelt from day one. Will it be a rollercoaster ride or space x to the moon? 😂

It will LU only if it has KKM contract. Don't fool yourself

Don't dream too much. It's bad for the brain

Yes. It is a buy and hold stock. Just don't expect much in the short term. I doubt there will be a big improvement in the next quarter. It won't move much unless there's new contract

That gives a better picture of what Ucrest is doing now.

https://www.ucrest.net/

Market is waiting Nvidia earnings result. It is very much into AI. If it doesn't meet market expectations then many people may start doubting the AI boom

Holding long term is a better proposition

Stop dreaming

Haha...Ivanlau, are you AI generated? You are repeating the same words like a parrot.

It's a crime to mislead people with sensational or unverified news. I hope you don't have malicious intentions to make a quick profit from other people's hard-earned money, Ivanlau.

Don't worry so much. If you look at the trade volume, there is strong buying at 0.165/0.17. Someone tried to push the price down temporarily

One day show. Just like a one-trick pony

Another China project awarded? 😂

That's old news. This is just window dressing. It will take about three years before it can generate income. We can expect more rights issue or private placement in the future. We have the same news as the R&D park in China which will only be operational between 3 - 5 years from now. There's not even a projected expected revenue. You can expect the price to stay the same or go lower if the revenue stagnates. However, the report says the company expects the revenue to improve going forward. We will see whether this will materialise.

There are many shares exchanging hands. A lot of foreign transactions lately during this pp period. We just have to wait for the outcome. If you look at the trade summary, there seems to be a cap to the price so that it doesn't move much from the median price.

SCJM, are you making a statement or asking a question?

The prospects are good. It will take time for this stock to appreciate in value. There's risk and reward. If you have holding power and you believe there's value then you wait. If not you leave.

“If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.” - Warren Buffet

Keyasic focuses on auto chips. EV theme is the trend especially when China auto industry is investing more in this region.

The healthcare industry in China has great potential. The focus is on high quality development. Ucrest's collaboration with a China company in the AI 3D printing is a positive for the company's prospect.

http://global.chinadaily.com.cn/a/202310/03/WS651b4bbaa310d2dce4bb8ca3.html

We just have to monitor the next few quarterly results. It's still too early to say it will bust or boom. There has been more foreign buying recently. Let's wait and see. No harm waiting for a couple more years if you have holding power.

@AlanKulai2015 you are in the wrong group

Don't write it off yet. Just when you think the worst of it, it might have something of value to offer...

See what GIC is focusing on. Patience is needed on our part

https://www.reuters.com/business/finance/singapores-gic-bets-china-after-scoring-8-year-high-returns-2023-07-25/

This stock will take time. Just observe the next few quarters. China stimulus will boost the micro economy. Bio will benefit from China companies who produce for China market. Internal consumption is the focus now

Jack Daniel pun lari...hahaha

So much for big bet on digital healthcare...

Hari-hari pun nampak macam mau mari...tapi tak mari. Hahahaha

Check out SMEC (ShaoXing)

Just check out the news about Shao Xing. If Keyasic is involved in it, that bodes well for the investors. We just have to wait and see

https://asia.nikkei.com/Business/Tech/Semiconductors/China-chipmakers-line-up-8bn-via-IPOs-in-comeback-from-U.S.-curbs

https://www.keyasic.com/index.php?option=com_content&view=article&id=49:key-asic-develops-digital-economy-park-in-china-with-its-soc-ip-platform&catid=15:press-release&Itemid=198

Yes. It seems like a good prospect. Keyasic is in a good position to design lower end chips for use in EV and AI. It definitely doesn't have what it takes to design higher end chips. That's what China is focusing on now. It will try to find a way round US sanctions

Haha...this counter will take some time. But I believe it has good prospects. With the current roller-coaster ride, better be cautious.