Dear Sy Woon, can you copy and paste CIMB report here.

Posted by ktsk88 > May 11, 2016 04:10 PM | Report Abuse

"I will sell if it gaps up and lying low thereafter.........let it stabilize first then only re-enter for trading or day trade on a 1 - 2 sen range."

What do the rest of you all think? Tomorrow let go everything and come back later.

Aiyoo, go back down to 0.355. How?

The problem with mother share is that its share float is too large. That is why it can hardly go up.

The problem with mother share is its share float is too large. That is why it is hardly to go up.

Are you all going to sell at the gap up price tomorrow after release of results?

So boring ... Mother share cannot go up ...

http://www.bloomberg.com/news/articles/2016-04-27/1mdb-bondholders-face-threat-of-more-tussles-ahead-of-may-coupon

0.345 turns seller again.

Please break the sell queue at 0.35 (154114,00) next week knowing well that there is another 1MDB default on 11.05.2016 (Wednesday).

Alex Woo, I use 1 PA + RM0.54. I sent the forms and cheques there today by Nationwide Express.

TQ flyingkite for providing the name and contact number of the registrar. Now I got to wait for 8 market days for the mother shares to be credited into my CDS account.

Further, the Company is in the midst of bidding and pursuing more projects and works and are in talks with various parties including governmental authorities. Some of these are in advanced stage of discussions.

SGB is like Vivocom, transforming itself to become a construction giant.

Every one (1) SGB-PA together with RM0.54 cash can be converted into one (1) new SGB Share. Going to post today.

With reference to the letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 26 April 2016 querying on the sharp rise in price of the Company’s shares recently (“trading activity”). On behalf of the Company, the Board would like to confirm that to the best of his knowledge and after making due enquiry with the directors and major shareholders seeking their views on the matter that is the subject of the query, we wish to state that the Company is in compliance with its obligations under the Main Market Listing Requirements and had recently made announcements on the following:-

The announcement made on 18 April 2016 on the Managing Contractor Agreement entered into between Profit Sunland Sdn Bhd (“PSSB”); a wholly-owned subsidiary of the Company; and Prinsip Nusantara Sdn Bhd for the appointment of PSSB as the Managing Contractor for the development of all that piece of land held under PTD27883, Mukim of Pulai, District of Johor Bahru, State of Johor;
The listing of and quotation for 522,500,000 new irredeemable convertible preference shares of RM0.05 each in SGB (“PA”) and 52,250,000 free detachable warrants (“Warrants”) issued pursuant to the Rights Issue of PA with Warrants on the Main Market on 19 April 2016;
The announcement made on 22 April 2016 in relation to the Company entered into a Heads of Agreement for the proposed acquisition of 80,000 ordinary shares of RM1.00 each which represents 80% of the entire issued and paid-up share capital of Klasik Ikhtiar Sdn Bhd (“KISB”) for a purchase consideration of RM3.5 million (“Proposed Transaction”). The anticipated project from the Letter of Award given to KISB is expected to be worth in excess of RM144 million in Gross Development Value;
Additional information on announcement in relation to Proposed Transaction made on 26 April 2016; and
Further, the Company is in the midst of bidding and pursuing more projects and works and are in talks with various parties including governmental authorities. Some of these are in advanced stage of discussions.

Go to Bursa Malaysia website, select SGB-PA and you can see this:

At any time during the exercise period indicated above,

(i) every one (1) ICPS together with RM0.54 cash can be converted into one (1) new SGB Share, or

(ii) every ten (10) ICPS, without any cash, can be converted into one (1) new SGB Share.

This announcement is dated 19 April 2016.

1MDB default only scared people one day only (yesterday). Today no panic. Ringgit and KLCI up again.

Is the 1MDB default issue over already and no longer disturb KLSE?

Why Vivocom forum has become a Gtronic forum?

"A few key buyers in recent days commented that they are looking beyond the positive and higher-than-expected 1stQ profits results.

They are anticipating the 2ndQ results to be more remarkable and take values beyond the 55 sens levels."

SABAHAN

What if we wait until the second quarter results which is much stronger than the first quarter results.

"Why sell? Savvy investors would ride the trend until its completion!

Meanwhile, the powerful and reliable Quantitative Algorithm trading signals are bullish and signaled that the upward rally has just begun.

The best is yet to come!"

SABAHAN

The completion is the announcement of the 1st quarter results. I think Sabahan gave a too optimistic TP of 0.58 - 0.60.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=0069

Daily market review on Vivocom by Sabahan. Today's rise could be due to some buy call during the weekend by some sifus.

Unfortunately 0.325 can't hold.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=0069

Read daily market report on VIVOCOM by SABAHAN.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=0069

Read daily market report on VIVOCOM by SABAHAN.

Crude oil rally without any solid reason. Dow Jones at record high 18150. It could collapse anytime.

http://www.bloomberg.com/news/articles/2016-04-17/oil-freeze-talks-end-in-failure-amid-saudi-demands-over-iran

Oil Pares Loss as Kuwait Worker Strike Counteracts Doha Failure

One day panic selling, next day panic buying.... so confusing.

Crude oil (WTI) now US40.00, i.e. breaks USD40.00. Brent now USD43.40. Surprise!!!

http://www.bloomberg.com/news/articles/2016-04-17/oil-freeze-talks-end-in-failure-amid-saudi-demands-over-iran

http://www.bloomberg.com/news/articles/2016-04-17/oil-freeze-talks-end-in-failure-amid-saudi-demands-over-iran

Panic selling starting tomorrow.

Dear tokokk888,
"Chase Vivo shares only when it is beaten down, not at current price ranges."

Can you please let me know what price range to buy more. Is it 0.265 - 0.275?

chooikc: Vivocom 0069 undergoing mild price retracement.
No worry at all, it's very healthy at this current state as the market is just going through a mild correction.
Today is the first day of correction for Vivocom since rising from 0.27 on 31 March till 14 April.



"So you mean it will consolidate for 10 market days and go back to 0.27?"

This round is almost same like 20/11/2015 - 2/12/2015 with price above 0.30 and huge roadblocks ahead. The only difference is this time the supports are also with huge volumes and the resistances are also with huge volumes. We need continuous good news to open gap up to continue climbing. If by next month quarter report, it can reach 0.40 is considered very, very excellent already. This round people are more positive compared to last time.

I think Mercury Securities target price of RM0.48 is more realistic.

I have emailed the link to Mr Marcus Chan (CIMB). I don't know whether he will respond or not? I personally is not Chinese educated and so I cannot follow what is published. Thanks anyway.

Thanks Robert168 on the terminology of soft launch. Strange, why our CIMB is so quiet about it (3 consecutive days in Kwong Wah newspaper) until OWG drops from 2.35 to 2.29.

Not yet die. Now waiting for CIMB Research to come out with a positive report at the end of June 2016 and it will surge to above RM2.50. Try to buy back at RM2.22.

CIMB: "We visited Komtar recently for a progress update on the state of launch-readiness. Our earlier expectation was for a launch in two phases – Dec 15 and Feb 16. It appears that this has now been changed to a single grand launch in Apr 16 so that the project becomes a single coherent destination where all attractions and destinations are ready."

Everyone expected April 2016 but nothing was on (not even a soft launch). Everything push to June/July 2016. And before that we have to go through a flat quarter results in May 2016.

http://www.theedgemarkets.com/my/article/only-world-group-signs-mou-open-luxury-restaurant-grand-imperial-komtar

I think the quote`Komtar Tower, Penang, had 90% completion rate, and is now looking to do the grand launching sometime by June' makes traders sell because of delay (should be April).

1st quarter results on 25.05.16 with full earnings coming from construction should be extremely good. Myview forecasts at least RM0.36.

I have been waiting from morning till now to get at 0.32 but still not kena yet.

Such a huge queue at 0.32 (301949,00 shares) belonging to 480 buyers.

HengLiang said 1.70 coming....wait...

Strong support come already at 1.92 (3506,00 Q Buy).

Dear Samer, how to see tomorrow sure rebound and it will go up > RM 2.

But it down less when mother share down. It is an alternative for those who can't afford the mother share.

Dear Pang72, can you please comment on today's performance and coming performance.