UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.12

Trading Volume

320,300


15 people like this.

18,975 comment(s). Last comment by orbiter 2 weeks ago

Posted by Robin_Hood388 > 2021-04-28 18:47 | Report Abuse

Yeamwk yes is super GREEN !!! Friday will fly !!!

pang72

50,957 posts

Posted by pang72 > 2021-04-28 18:58 | Report Abuse

The Group has inked a deal to contract manufacture the Sputnik V vaccine with minimum commitment of 100 million doses and up to 1 billion
doses for the first two years. The quantity on the third year will be adjusted depending on the market dynamic at that time. The deal is take or
pay for the quantity of vaccines produced. Despite of the vaccination in some of the countries, the number of COVID-19 new cases globally
continues to increase. Some countries are spiking up in the third wave and some have started the fourth wave. The vaccines in the market
appear to be effective only for a few months and it is likely that 2 rounds of vaccines per year are needed. It looks like this business will be good
for next few years.
There was no profit forecast issued by the Group.
The tax expenses for the 9 months period ending 28 February 2021 consist of the following :-
iMedic continues to gain traction in the market. Due to the restriction of international and movement in most countries for the foreseeable future,
the Group has realigned its resources to focus on China and other COVID-19 "safe" countries so that sales and marketing activities can
progress as normal. The Group expects to make significant progress in these markets.

pang72

50,957 posts

Posted by pang72 > 2021-04-28 18:58 | Report Abuse

IT IS SUPERD PROMISING FUTURE!!

Newbie099

69 posts

Posted by Newbie099 > 2021-04-28 18:58 | Report Abuse

Yeamwk ur "little bird" sure as little as ur kukubird..super red ur arse

pang72

50,957 posts

Posted by pang72 > 2021-04-28 18:58 | Report Abuse

Time to big rebound

Yeamwk

124 posts

Posted by Yeamwk > 2021-04-28 19:06 | Report Abuse

Red red ang any ...kon LAN firm is super red

Posted by Robin_Hood388 > 2021-04-28 19:10 | Report Abuse

YESSS ! super green + mou with RDIF

pang72

50,957 posts

Posted by pang72 > 2021-04-28 19:17 | Report Abuse

Anyone can explain what is ESOS expense rm4. 6mils..

If without ESOS expense then profit will be Rm6. 8mils..which is 300% improvement?

Am I right?

Posted by Frankie Tan > 2021-04-28 19:40 | Report Abuse

Good QR , green green green result , expect to fly .

Newbie099

69 posts

Posted by Newbie099 > 2021-04-28 19:47 | Report Abuse

Pang72 absolutely right....its the best time for ESOS considering potential upside from vaccine business later...

pang72

50,957 posts

Posted by pang72 > 2021-04-28 20:13 | Report Abuse

pang72 Revenue up 5x indicated the imec business exponential growth 5x.
Profit merely the same due to one time ESOS expense.
If without ESOS expensive, eps around 1c which is 300% growth!
This is superd result not included Sputnik vaccine which everyone seen the target price guided by Mr Eng!!

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 20:23 | Report Abuse

This profit is nothing compared to the next giant vaccination program! Next qr will be better, next next will be the game changer, just stay tuned.

With this positve result, Friday should stay green as well.

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 20:25 | Report Abuse

Professional fund manager smell something already, let's grab the opportunity before they come in bulk. Cheers!

Powerplay666

1,023 posts

Posted by Powerplay666 > 2021-04-28 20:28 | Report Abuse

Without the one time esos expenses, this is quite an awesome result. Earnings would have been 6.88 million if not for the esos. Revenue shot up from 3 million to 15 million! Which says that Ucrest is running a highly profitable business with high profit margin. Next qr will reflect this even more.

pang72

50,957 posts

Posted by pang72 > 2021-04-28 20:30 | Report Abuse

Alfonso,
You are right but I wish the good result to turn around the share price. (not dropping!) so to wait for pilot run result for vaccine....

INVESTORS WILL BE NOT BE PANIC WHILE WAITING!!

one batch of vaccine cycle time 10 days...
So, next week shld get one batch out plus testing 7 days (I guess!).

2 wks from now to smell the money!!

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 20:31 | Report Abuse

Good job ucrest, Mr.Eg and the team! This is what we investors looking for! Thanks for the super good news!!

chesslim

890 posts

Posted by chesslim > 2021-04-28 20:34 | Report Abuse

want to gap up or limit up Friday ? !

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 20:44 | Report Abuse

Fuiyoh...At least one million per year, imagine what if ucrest able to produce more than 1m per year??

pang72

50,957 posts

Posted by pang72 > 2021-04-28 20:46 | Report Abuse

Annualise eps is 4c
If pe20 then 80c just for imec recurring income!!!!

Profit margin almost 50%. The business is SUPER GOOD!!!

pang72

50,957 posts

Posted by pang72 > 2021-04-28 20:46 | Report Abuse

This is Gem of the year...

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 20:47 | Report Abuse

Psai is busying Lodge report to SC kononnya, he will reply once the report is completed. Pls be patience.

fms016

314 posts

Posted by fms016 > 2021-04-28 20:53 | Report Abuse

Pang72, i check from Bursa announcement..status still not changed..still MOU..any external source say MOU change to real agreement?? If realize to real contract, i need to prepare bullet immediately..

DarenWai

351 posts

Posted by DarenWai > 2021-04-28 20:55 | Report Abuse

Boneka. Pls provide link to the official document. Thanks

suregoup

240 posts

Posted by suregoup > 2021-04-28 20:58 | Report Abuse

buy before official announcement. news out..u 'll not be getting lower than 0.50 after that

Hengoredi

262 posts

Posted by Hengoredi > 2021-04-28 21:07 | Report Abuse

80% of my funds are in this counter incl today's purchase. Scary when Ithink of it but I am still very confident with this co. Further to that, the price is still at rock bottom price. Worth every penny invested..

leestar

372 posts

Posted by leestar > 2021-04-28 21:15 | Report Abuse

Pang72, can tell us where to get the link, thanks

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:16 | Report Abuse

Could be fake news .....

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:18 | Report Abuse

Due to the recent fishy audited report,fake news could be used to counter the negative facts...

leestar

372 posts

Posted by leestar > 2021-04-28 21:18 | Report Abuse

Pang72, prove to joyvest

kytan

2,865 posts

Posted by kytan > 2021-04-28 21:19 | Report Abuse

Read quarter report, under business prospect

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:20 | Report Abuse

Bursa must be provided with the news before it is made public.no announcement by bursa..something is fishy....

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:23 | Report Abuse

I think it is still MOU stage.it is very misleading for them to say they have clinched the deal......

DarenWai

351 posts

Posted by DarenWai > 2021-04-28 21:25 | Report Abuse

The quarter report merely repeat the mou in which it has inked a deal to contact manufacturing vaccine. But the boys has yet to find a manufacturer. In the other hand huans global has found two manufacturer. You can see the share price limit up a few times.

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:31 | Report Abuse

Yer.thats why I am saying...don't count the cocks(chicken) before they are hatched....

k88a

96 posts

Posted by k88a > 2021-04-28 21:35 | Report Abuse

Mr Eg mentioned that things are very fluid & moving very fast by the day. So, it does not come as a surprise that the official statement on the inked deal was made simultaneously with the official quarterly report today.
Subsequently, UCrest can then file an official announcement with Bursa on Friday.
In this way, the share price will not be subjected to manipulation by sharks.
My 2 sen worth :)

Hengoredi

262 posts

Posted by Hengoredi > 2021-04-28 21:40 | Report Abuse

It's not the job of investors to explain every details to naysayers. Anyhow, they will still find ways and means to condemn. You believe you invest, you don't believe, you don't invest. Life goes on.

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:43 | Report Abuse

OK.fair enough.if no official announcement is made by bursa this Friday ,then they are seriously misrepresenting.

joyvest

10,420 posts

Posted by joyvest > 2021-04-28 21:44 | Report Abuse

Wow...I see some element of emotion in someone

DarenWai

351 posts

Posted by DarenWai > 2021-04-28 21:47 | Report Abuse

Anyway, finding manufacturer is the easy part. The hard part is sales due to the political landscape. Luckily ucrest no need handle sales. Brazil government has rejected spunit V. So closing sales will not be easy even if you offer your ass to the authority. Ucrest could secure a manufacturer contract in a very short period of time. Good luck.

leestar

372 posts

Posted by leestar > 2021-04-28 21:49 | Report Abuse

Is MOU only ,

DarenWai

351 posts

Posted by DarenWai > 2021-04-28 21:52 | Report Abuse

Leestar, goreng start with MOU. When MOU finally confirmed, the operator will fully cash out already. This is call efficiency.

Light777

118 posts

Posted by Light777 > 2021-04-28 22:09 | Report Abuse

Dareenwai the contact is 2 years contact , and is must take how much they can produced 100million to 1billions units each year ... and it is only part of it , its imedic apps and ai medi machine will supply to china , taiwan and many many country , in many units within these 1 to 2 years for wholewide using to monitor patient at thier own house more effectively in cases like this happen again .... so annual income we will expect at least rm800million to max 2.5 billions ... for next year ..

phyroxus

683 posts

Posted by phyroxus > 2021-04-28 22:10 | Report Abuse

If ucrest can't get any manufacturer, means no show oledi. After secure also need to ensure the sales work and vaccine get produced la. Else just by talking will be nonsense.

DarenWai

351 posts

Posted by DarenWai > 2021-04-28 22:18 | Report Abuse

Light77. Seems like ucrest years of relationship with Russia and interest in healthcare paid off. The imedic app is not rocket science. Their ability to close sales with doctors that pays off. Friday will be interesting.

Jo1234

194 posts

Posted by Jo1234 > 2021-04-28 22:23 | Report Abuse

What sales work needs to do? It is has been done already with RDIF. Why some people can't understand the deal?

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-28 22:25 | Report Abuse

Joyvest started cock farm story again, fishy here fishy there how to do big business? Your cock also look down on u, it has no confident to be feeded by u edi.

Tantoro

545 posts

Posted by Tantoro > 2021-04-28 22:27 | Report Abuse

Results already out
Consider very good
Without vaccine with high growth business easily PE 20-30 (at least 0.80)
Most probably will opening price around 0.50 Friday

Tantoro

545 posts

Posted by Tantoro > 2021-04-28 22:29 | Report Abuse

Why so many sour hai and dogs in this counter?
Hey sour hai and dogs this is not glove stock la

pang72

50,957 posts

Posted by pang72 > 2021-04-28 22:30 | Report Abuse

I saw the sour face from joyeast n Joywest...
Missed the golden boat and putting misleading information...

Tantoro

545 posts

Posted by Tantoro > 2021-04-28 22:31 | Report Abuse

Especially joyvest who kena con by Bintai and HWGB
What a re xtard to the max

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