Normally if I know the management is serious and genuine, I will just invest and keep it there. I know to get the return need time!

Manufacturing is not easy, not like money game, it needs time and efforts to establish. Once in operations, you will see the profit and shares price will be up

Asia poly keeps dropping definitely make most of the investors worried. But I still have high confidence to hold on. I remembered company made private placement @0.47 per shares and collected about 40 millions cash. This year made another private placement @0.27 , collected about 20 over millions. What more on Preference shares conversion , cash flowing in. Moreover, company is still profitable though not impressive.
This company is cash rich, and the new factory, I believe, progress well.
Why the shares keeps dropping? I suspect maybe some force selling due to collateral to bank. Once the selling is over, the price will back to normal. The board works very hard on numerous big projects. Really, I don’t see any reasons the shares price won’t come back high again.

Calvin, hopefully what you said is true.

Latest announcement:
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings in the previous announcements made by the Company on the MOU between the Company and RDIF on 9 April 2021, 14 April 2021, 28 April 2021, 19 May 2021, 20 May 2021 and 9 June 2021.

The Board of Directors of the Company wishes to update that the Company and RDIF are currently in negotiation to finalise the definitive agreement in accordance with the objectives of the MOU.

This announcement is dated 13 August 2021.





Announcement Info
Company Name UCREST BERHAD
Stock Name UCREST
Date Announced 13 Aug 2021
Category General Announcement for PLC
Reference Number GA1-13082021-00001

Latest qr make RM5.3 millions
Financial end profit RM11 millions

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3183082

I don’t mean so soon. But just a matter of time

fluffyclouds I wouldn’t sell if I hv the confidence on the company. Share prices up and down is common. As I said, manufacturing industry need time to build and grow. Once it has built its strong foothold, this counter will not be 0.60-0.70 counter. It is RM2-RM3 or more counter. Be confident!

You throw, big bosses buy in. When price push to 0.60-0.70 sen, you buy , bosses throw to you. Small fish ialways the loser

The qr results already reflected in the recent price. Will turn green soon. Don’t panic
The boss works very hard on the company development. I said again, manufacturing is not char Kuay tiow business. It needs time to build

Invest in manufacturing not easy. It is mid to long term. If you want to go for short term speculative counter, this is not your cup of tea.

Don’t panic about the qr results. It is just a report. Look at company long term future. It is an major acrylic manufacturer, also involves in renewable energy, expansionary programs, link with Tawin for automotive advance technology and karyon for polymer.
Be confident.

Very good record qr profit RM5.4 millions
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3159920

Whether the business is real or just fabricated by the Directors as somebody claims to be or irrespective of whether you are a short term traders or long term investors, now is still a right time and good timing to hold tight.
Vaccine is the correct topic at this moment

I believe follow up good news will be announced soon by company. Just hold tight.

Agreement signed coupled with stringent MCO announcement by government soon. I believe it will be a strong one. Just hold it

If you hv no confidence, just don’t touch. There are thousands of counters in bursa, just move to others counters that you feel confident

When it is MOU, you all ask what is this MOU, it is just a cheating shit, a gimmick of push , dump and run. Now the agreement signed and make announcement, again you all said the authenticity of the contract !

Just bought this counter yesterday. After listening to the Director briefing, I hv confidence and prepare to hold for mid and long term

As what the Director rightly pointed out: It is the manufacturing plant, need to get more plants to produce , not the market or sales, there are plenty of demand that can’t be cope!

There are a lot of push , dump and run counters in KLSE. Normally syndicate big boss will hide themselves behind, invincible hand orchestrated the shares price.
Tell me which counter like UCrest boss willing to show his face and update the progress of the company projects from time to time, again and again?

I can see the sincerity of the Director
1) He is willing to take time to explain to the investors again and again.
2) As what the director said, he need time to look for suitable manufacturers , need to go through factory audition, pass over technology , upgrade the setup etc. It takes time. Not the fried Kuay teow business
3) It will take 3-4 months to hv first batch vaccine in the market
4) If the Director what to push, dump and run, why must he shows his face and may kena rotten egg one day on the street?
5) The director owned and with the company for 20 over years, a very experience and well exposure businessman, I don’t think he wants to sell his and family good name. Money is not everything.
6) He emphasised be an investor, not speculator! Invest middle to long term, you will gain handsome returns
7) After listening, I will hold the shares for at least 6 months. I believe the return will be very good

This is just my observation. You no need to agree what I said!

Good news! YLI has turned around and is a profitable company. NTA RM1.16 and shared issue is very small. Last Friday closing RM0.40. High possibility limit up soon with such a good news. Don’t miss the boat

Monday shares price will spike high

Final quarter results very good, make RM71.65 millions. Dividend pay 9.9 sen

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133671

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133138

Most probably tomorrow last quarter results will be announced. Expect good results

Company is making RM1.1 millions good profit for the latest quarter

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3132799

Results out. Good performance. Profit more than RM8 millions for 4th quarter. RM27 millions for 2020 financial year

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131719

A good industry under a good leadership, it can turn out to be a world renowned company like Topglove Tan Sri Lim

A good industry( Acrylic manufacturing) under a lousy management, I m a bit worry now

All investors waiting with full confidence for the announcement of the 4th qr results What a stunned when reading the announcement to buy Tawin shares

Most probably tomorrow morning Asia poly shares will be thrown by all shareholders. Below 0.27 sen !? Anybody guess?

Just don’t know what basis and justification Asia poly bought Tawin shares! Any synergistic effects? I don’t see any potential on Tawin, a money losing company. Hopefully Board of directors give all shareholders a good explanation, otherwise Asia poly will be thrown by all investors!
Asia poly and Tawin, both companies are under the same boss Dato Yeo. Why use Asia poly money to buy up a company shares which we don’t see any potential of it?
Better use the fund to invest in Acrylic, which is full of potential

I believe the announcement will be made most probably next week

It has been extended to 31/12

http://www.genetinfo.com/investment/featured/item/43830.html

Was told by reliable source the deposit of US 1.50 millions has been paid. Taiwan Medigen Vaccines Biologics Corp is a reliable and reputable company , supported by the government fund, work closely with America , MT gaining of distributionship in Msia and South East Asia is almost in hand . RM0.50 is highly possible

TAIPEI (Taiwan News) — Taiwan's Medigen Vaccine Biologics Corp. (MVC, 高端疫苗) on Tuesday (Nov. 24) confirmed it had signed a memorandum of understanding (MOU) with Malaysian firm Metronic Global Bhd (MGB) to help with coronavirus vaccine distribution in the Southeast Asian nation.

The first vaccine developer to receive subsidies from the Taiwanese government, MVC is expected to enter its phase 2 clinical trial as soon as the end of the year, along with two other Taiwanese companies. The official distribution agreement with MGB will be Taiwan’s first coronavirus vaccine order from another country.

On Friday (Nov. 20), New Straits Times reported that MGB had inked an MOU with MVC to become the distributor of the latter's vaccines in Malaysia and potentially other countries. The deal will allow MGB to secure approximately 3 million doses throughout 2021 at a discounted price of US$50 per dose.

Don’t underestimate this counter. My two cents advice to the investors

Mtronic not only will be the vaccine distributor for Msia, it will cover ASEAN countries, which is a big market

Take note of this counter whether they pay the deposit US 1.5 millions deposit for the Taiwan vaccine by end of this month. If they pay, that means the vaccine is real, this counter above RM0.30 or more no issue

Those who have got no confident,please run as fast as possible! A solid company with quantum leap profit, solid expansion program,diversified business development, solid young energetic team! Who do you want to believe?

How to compare Asia poly with Vivo? It is like comparing diamond and stone. Be patient! Soon time will tell

fluffyclouds. Agreed with what you said! After the warrants conversion in mid Dec,, coupled with good results announced in January 2021 and Chinese New Year, the price will spike high

Conversion of warrants can be a temporary setback. That is why the price stagnant at 0.365-0.38 for the time being for investors to absorb. Once over, the price will begin to spike high.

According to the Chairman Dato Yeo in an interview by the edge magazine, further disclosed there are fund managers and investors visited their factory and shows great interest to the growth story of the company.
By the time fund managers begins to buy in. The price will not be as what see today!