Still got people belief conman?

The most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

All posted by traderman
Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...
13/09/2016 13:51

A company will orderbook rm3bil n more to come, do i scare? I scare u don't sell cheap.

Why when they price drop till end day, later sure someone buy back? Why? The answer is in you

Believe buy don't believe bye bye

Same to if Wb drop 0.090 I will keep collect

If they make Vivocom till 0.180 I will keep buying, cause I just feel Vivocom worth more than this price

Because they care u lose money and want to be holy person?

Why hired dogs camp here day night asked u to sell?

Up to june2016, Vivocom earned rm260mil revenue, the highest among all those history years. Do u still think Vivocom share will stay at 0.200? Ask urself again. Why u interest about Vivocom? Why so tough share u still interest to come here?

Try think out of box. If Vivocom going into today share price, who will lost the most value of money? Major shareholders, syndicator / operator who holding large amount of shares or Ikan bilis holding? Who feel more pain.?

Operator throwing mostly. Buy cheap if u afford and hold tight. Good luck!

Let see Ikan bilis burn more money or operator burn more money. Had saw some banker volume today and asked some banker friends holding, they said not selling any their share today.

Evening Martin, good to see all positive comments. Let operator pressing down. Got Bullet just put lower buying q for cheaper price. Today caught some 0.200 and 0.095.

The most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

All posted by traderman
Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...
13/09/2016 13:51

Grab 0.200 today. So cheap !

Believe buy don't believe buy buy!!!

The most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

All posted by traderman
Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...
13/09/2016 13:51

The most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

All posted by traderman
Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...

longnian Contract win from 1/1/16 - 31/6/16 (1H16')= $791.4 mil. - bursa announcement
Contract win from 1/7/16 - 13/9/16 ( today) (2H16)= $1508.4 mil.- bursa announcement.

2.5 MONTHS CONTRACT WIN for 2H16 = 1.90 FOLD 1H16 (6 MONTHS)
Another $1500 mil contract will come for next 6 months - SINCHIEW NEWS PAPER- 12/9/16.

VIVOCOM'S share price hit highest price $0.37 (b4 bonus issue) on 13/5/16.- before 2H16'

Vivocom"s revenue SURE WILL IMPROVE 2nd half 2016" even better for 2017'- base on contract win.

i can't see ANY REASON - VIVOCOM's share price will not up EVEN HIGHER THAN $0.37 for next 6 months!!!!
13/09/2016 11:30

I give 3 likes longnian

CKNYAThe most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...
13/09/2016 13:51

CKNYAM79 The most most funniest part!
"yes it did sold down a lot but that is normal in stock market ... price up or down "

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...

Not believe bye bye. What a joke !

I don't bark. Articles and news speak itself. Reminder to those overlook. Share price up or not I don't bother now. I just buy when it's cheap. Believe it buy, not believe buy buy. No one can make decision for you. You yourself own it.

“The board of directors (BOD) is confident and optimistic of the company’s future outlook, and is looking at various ways to rewards its loyal shareholders.
“Amongst the various options the BOD is considering is possibly a bonus share issue or a free warrants issue. Once finalised, they will be announced in due course,” he said.
Choo pointed out that Vivocom is currently the largest company on Bursa Malaysia’s ACE Market with a market capitalisation of approximately RM1.166 billion, assuming all its warrants is converted into shares.
“The company’s shares have consistently been traded in the Top 10 volume leaders in KLCI, showing remarkable volume and liquidity sustained over the last seven months when some seven billion shares were traded.
“The company also commands a huge shareholders base numbering some 15,000 shareholders,” he added.
 
What’s in store ahead for Vivocom?
For the year 2016, Vivocom’s target revenue group wide amounts to RM760 million with growth engines construction contributing 70 per cent, telecommunication (15 per cent) and manufacturing – aluminium (15 per cent). The following year, Vivocom targets RM2.1 billion in group wide revenues with contribution from growth engines construction (80 per cent), telecommunication (10 per cent) and manufacturing – alumininium (10 per cent).
In the quarters ahead, CIMB Research believed that progress billings from CRCC-awarded building jobs should start to flow through, such as Pavillion Hilltop, 1 Gateway Klang and Marinox Sky Villas Penang.

With a potential pipeline at letter of intent (LOI) stage of almost RM4 billion, CIMB Research is confident that Vivocom will be able to meet and possibly surpass the research arm’s RM3 billion contract win estimate for 2016.
“We understand that Vivocom is finalising another large Perak contract worth up to RM700 million in the coming weeks,” the research arm said.
Meanwhile, MIDF Research believed that Vivocom is able to clinch heavy, civil and heavy construction packages in upcoming quarters.
MIDF Research noted that it is likely that Vivocom will also emerge as the key sub-contractors for iconic projects such M101 Skywheel Tower in Kuala Lumpur as well as railways tracks for High Speed Rail (KL-Singapore).
“On this score, it is notable that Vivocom’s co-managing director/chief executive officer (MD/CEO) Datuk Seri Dr Yeoh Seong Mok has consulted more than RM400 billion worth of projects; often as a Project Delivery Partner (PDP) to CRCC,” the research arm said.
Through its partnership with CRCC, Vivocom is also expected to be driven by the ‘One Belt One Road’ (OBOR) policy.
OBOR is a development strategy and framework policy, proposed by the China’s President Xi Jinping in 2013 that emphasises on connectivity and cooperation between China and the rest of the continental landmass of Asia and Europe, MIDF Research explained.
The OBOR policy is divided into international trade connections, the land-based “Silk Road Economic Belt” (SREB) and
ocean-based “Maritime Silk Road” (MSR).
MIDF Research noted that the OBOR state-owned enterprises (SOE) such as China Railway Construction Corporation, Beijing Urban Construction Group, Sinohydro, China Harbour Engineering Corporation and Sinopec finances, develops and construct development projects along the ‘New Silk Road’.
“Their financial requirements are often backed by other SOEs such as China Development Bank, Bank of China and China Construction Bank,” it said.
MIDF Research further noted that New Development Bank, Silk Road Fund and Asia Infrastructure Investment Bank (AIIB) have illustrated on how OBOR could reform the global financial system and at the same time, offer a new path of infrastructure investment funding.
The research arm pointed out Asia Development Bank posits that from 2010 to 2020, Asia would require US$800 billion to beef up its infrastructure.
“Having said that, Vivocom has strategically positioned itself into a beneficiary of CRCC foray into Malaysia’s infrastructure demand hence it not surprising that its orderbook is poised to ascend
through large scale construction projects,” the research arm opined.
In addition, MIDF Research highlighted that Vivocom has attracted institutional foreign shareholding amounting to 5.4 per cent currently.
“Moreover, Beijing Construction Group has expressed interest to participate in their equity capital structure as well as appointing Vivocom as their local project delivery partner (PDP),” it said.
On a side note, MIDF Research also mentioned the fact that Vivocom will have cost advantage as the research arm is expecting lower construction cost due to the supply of building materials from the group’s subsidiary Neata which supplies aluminum doors and windows.
The research arm said that 95 per cent of Vivocom’s projects are for the construction of mixed/residential projects.
“Thus, the building materials supply from Neata facilitates the reduction in its bills of quantities (BQ),” the research arm added.
MIDF Re

On the the project in Pahang, Vivocom noted that it is expected to contribute positively to the earnings and net assets of the group – which further enhances its orderbook which had stood at RM1.36 billion previously – with expectancy of more project wins in the immediate future.
“The group’s construction pipeline has also swelled to about RM3 billion in contracts at the finalisation stage – with more projects wins coming up very soon,” Choo said.
As for Vivocom’s aluminium manufacturing arm, Choo revealed that just last month (April), the group announced that Neata was awarded RM37.5 million worth of contracts, with the latest projects being Third Avenue Cyberjaya for an amount of RM22.5 million, and Kemensah Development for an amount of RM15 million for the supply and installation of aluminium works.
This announcement was the latest in a series of solid wins for Neata.
“Since the acquisition by Vivocom last year, our business has grown by leaps and bounds, in particular our aluminium manufacturing and installation business.
“We have secured almost RM80 million worth of contracts during the past nine months alone, all from reputable developers with high end prestigious projects such as Third Avenue, Eclipse Residence and KL Gateway, to name a few,” said Neata’s business development director Albert Chia.
He added that Neata is also presently in final negotiation to secure another two projects worth up to RM30 million, and hopefully the award will be made by the end of April 2016.
Choo higlighted that as a pioneer in manufacturing aluminium windows, doors and façade systems, Neata has seen exponential growth in the last two years, emerging as one of Malaysia’s most respected players in the field since its establishment in 1989.
“Neata has built a reputation for supplying quality products to some of Malaysia’s most prestigious property and construction projects,” he said. “This latest win is certainly a ‘bonus’ for the Vivocom Group, and will further strengthen the Vivocom Group’s fundamentals.”
Choo noted that in setting the standard in quality, technology and design, Neata is synonymous with outstanding aluminium doors and windows from various parts of the world for those who value distinction and integrity.
He further noted that Neata’s affiliation with Schüco, FAPIM, Master S.R.L, Omec and the Naco only serves to reaffirm its reputation of being a supplier of ‘best of breed’ quality products.
“Neata is also currently in the process of expanding its production output at its plant in Semenyih, Selangor to cater for increasing orders from its growing client base,” he added.
 
Impressive 1Q16 results
Vivocom’s first quarter of 2016 (1Q16) results blew analysts away, with the group reporting in an annoucement on Bursa Malaysia that for the current financial quarter ended March 31, 2016, it had recorded a revenue of RM141.544 million and profit before tax of RM33.299 million.
“Compared to the previous corresponding financial quarter ended March 31, 2015, the group recorded an increase of RM134.506 million in revenue.
“The substantial increase in revenue was attributable to the consolidation of the results of the group’s new subsidiary companies, Neata and Vivocom Enterprise.
“The group’s profit before tax also increased accordingly by RM32.376 million,” Vivocom said
Choo noted that after accounting for taxation and minority interests, net profit came in at RM19.87 million, a 2,053 per cent giant of a jump from the RM923,000 posted in the previous corresponding period when it was still known as Instacom Group.
He pointed out that this huge jump in revenue and profits was attributed to Vivocom’s construction division which posted profit before tax of RM30.01 million on the back of RM125.81 million in revenue.
According to the research arm of CIMB Investment Bank Bhd (CIMB Research) in a company note on Vivocom, the group started financial year 2016 (FY16) with a bang.
Vivocom’s annualised 1Q16 net profit smashed CIMB Research’s expectations at 76 per cent above its previous full-year forecast while revenue tracked the research arm’s expectations but it had underestimated margins.
“1Q16’s margins were boosted by tail-end recognition of progress billings of several building jobs,” the research arm said.
CIMB Research noted that the strong 1Q results should calm investors’ earlier concerns about Vivocom’s execution abilities.
The research arm said that in particular, investors were sceptical about Vivocom’s ability to deliver above-sector margins.
Choo remarked recently that while they are delighted with the solid 1Q financial performance, Vivocom remains committed to working harder and delivering better and stronger results in the quarters to come.
“We will not rest on our laurels and the management team have all pledged to walk the extra mile to secure more projects in the foreseeable future and to ensure that our projects are delivered promptly and on time and to the highest standards possible for our clients.
“T

Previously known as Instacom Group Bhd (Instacom Group) with telecommunications solutions as a singular source of revenue, Vivocom Intl Holdings Bhd (Vivocom) is now a rising construction powerhouse with a constant flow of contract wins in its pockets and a first quarter of 2016 (1Q16) net profit that has surpassed expectations.
To strengthen the group’s image and to better reflect the group’s new focus and aspiration to be a regional construction group, Instacom Group changed its name to ‘Vivocom Intl Holdings Bhd’ on January 14, 2016.
Through its subsidiary, Instacom Engineering Sdn Bhd (Instacom Engineering), Vivocom has made its mark within the telecommunications industry as one of the leading services providers and for their superior engineering expertise in tower building.
Instacom Engineering currently undertakes works nationwide, concentrating in the Northern Region, Klang Valley and Southern Region of Peninsular Malaysia, as well as in Sabah and Sarawak.
“We count as our clients major telcos throughout Malaysia and also multinational companies,” Vivocom executive director Choo Seng Choon told the BizHive Weekly in an exclusive interview.
According to Choo, the telecommunications industry was very lucrative a few years back. However, he noted that over the years, profit margins have slipped.

This was one of the key reasons why Vivocom ventured into alumininium manufacturing and construction as it places the group now on an even more solid and stable footing in terms of having sustainable and recurring revenue growth.
“Our earnings base has been diversified and we have enhanced shareholder value,” he added.
Choo cited common elements between telecommunications and construction, explaining that in the latter, it all revolves around constructing towers – which bears similar principles to construction.
Aside from its involvement in the telecommunications industry, Vivocom had during the financial year ended 2015 (FYE2015) acquired 78.6 per cent of the equity in Neata Alumininium (Malaysia) Sdn Bhd (Neata), which in turn owns 100 per cent of Vivocom Enterprise Sdn Bhd (Vivocom Enterprise), a subsidiary engaged in civil engineering and construction.
This means that Vivocom is now actively and directly involved in the industries of telecommunications, manufacturing and construction.
“As a result, the enlarged Vivocom Group has now strategically diversified into new areas and viable businesses,” Choo said.
“On the operational side, since the acquisition of Neata and Vivocom (Enterprise), we have reaped benefits operationally in the sharing of resources and know-hows, and expansion of business opportunities through cross-marketing of products and services and cross-referencing of customers within the enlarged Vivocom Group.”
 
Group on a winning streak
The year is coming to its halfway mark, Vivocom has already impressed its stakeholders by winning a number of notable contracts mostly in the construction sector – and the group shows no signs of slowing down.
Choo highlighted that the construction industry will be the prime mover for the Malaysia economy especially in 2016 and 2017.

“With election looming in 2018, the government would be keen to start major projects to develop the nation,” the executive director observed. “Projects such as Gemas-JB Double Track, High Speed Rail, MRT2, etc would definitely help to pump (and) prime the economy as well as to build the nation further.”
According to the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research), Vivocom has transformed itself into a formidable player in the construction sector with strong orderbook replenishment capabilities backed by the group’s technical joint-venture with China Railways Construction Corporation Ltd (CRCC).
“Furthermore, its strategic position within the construction value chain would help to insulate its operating model from impending risks and recurring income from telecommunication assets would provide additional earnings support,” MIDF Research observed.
To date, Vivocom has secured projects totaling more than RM1.36 billion including RM594 million from CRCC Malaysia, a subsidiary of China’s construction behemoth CRCC.
The group  has a strategic relationship with CRCC Malaysia and is their in-house contractor as well as their Project Delivery Partner in Malaysia.
Independent of CRCC, the rising player in the construction industry also tries to land projects based on its own merits.
For example, in May 2016 alone, Vivocom announced that it has won two projects in Perak amounting to RM250 million while later in the month, the group also secured its maiden project in the state of Pahang amounting to RM46 million.
“Having successfully secured two projects totalling RM250 million in the state of Perak, we hope to top these two wins with another milestone as we continue to make inroads to establish a presence in the state of Perak,” said Choo.
On the the project in Pahang, Vivocom noted that it is expected to contribute po

Fresh funds had entered the stock during the five-week period and hence increased the Company’s shareholders base.
Based on its annualised 1st quarter results, it’s worthwhile noting that Vivocom is currently only trading at less than 10 times price-earnings multiple whilst its peers with similar market capitalisation are currently trading at price-earnings multiples ranging from 14 times to 17 times.
“We pride ourselves on our pursuit of excellence in our core businesses, and we intend to be wealth creators on a sustainable basis for all our loyal shareholders in the long run,” emphasised Choo.

August 20, 2016,
Borneo post

KUCHING: Vivocom International Holdings Bhd’s (Vivocom) orderbook is expected to grow further by the fourth quarter of the financial year 2016 (4QFY16).
Researchers with MIDF Amanah Investment Bank Bhd (MIDF Research) in a report expected Vivocom’s orderbook to grow further from its current levels to RM3.9 billion by 4QFY16, or approximately 36 months backlog.
It noted that the group recently entered into a joint-venture agreement with Seni Perspek Sdn Bhd as a turnkey contractor to develop 377-acres of land known as Bandar Tasik Amanjaya in Kinta, Perak.
The recent slew of projects in Perak had also increased its orderbook from RM3.3 billion to RM3.7 billion, an increase of 12 per cent, the research team said.
“We forecasted Vivocome to win circa RM950 million of jobs for FY16 estimate (FYE16). Due to its orderbook replenishment abilities, Vivocom has clinched circa RM3.5 billion projects.
“Going forward, we foresee a good possibility of Vivocom securing sub-contracting jobs from projects such as Gemas-Johor Bahru double railway track from China Railway Group Ltd (CREC) and the construction of affordable housing in Merujaya, Perak.
“We estimated that the said projects would give a total additional injection of RM2 billion to its current orderbook,” it projected.
Meanwhile, MIDF Research pointed out that there is a likelihood of Vivocom participating in work packages (circa RM2 billion) related to the CREC regional centre in Bandar Malaysia.
“Hence we believe that its orderbook will continue to rise to meet our earnings expectation for the next three financial years,” it added.
On the construction project in Perak, MIDF Research noted that the projects currently amounts to circa 17 per cent of its orderbook estimates for Vivocom.
“Consequently, if the project in Merujaya is won, the percentage would rise to circa 29 per cent. This is reassuring as Vivocom tapers down the risk of relying too heavily on projects from China’s State-owned Enterprises (SOE).
“We view the project awards from Perak as a stepping stone for Vivocom to win more government related works considering that track record is a primary consideration in winning any bids from Public Works Department (PWD) and the Ministries,” the research team opined.
It also noted that the affordable housing market segment is an area where Vivocom could give a strong focus on especially in Perak where the state government is targeting affordable housing projects for every district.
“We estimate that more than 30,000 houses are needed to fulfill the demand gap. Vivocom’s entrance into the affordable housing space gives comfort to the prospects of its orderbook replenishment,” it said.
Overall, MIDF Research reaffirmed its ‘buy’ call on the stock.
It said, “We reiterate our FY16F/FY17F earnings projections. Nevertheless, we fine-tuned our discounted cash flow variables to factor in higher reinvestment rate of 41 per cent and cash of RM47 million.
“We reaffirm our perspective that Vivocom is currently positioned at the inflection point of stabilised margins of 10 per cent.
“We estimated that Vivocom would be able to maintain the momentum of clinching new projects supported by its healthy financial position.”

CIMB Research believes that the orderbook of Vivocom Intl Holdings Berhad (Vivocom) will balloon to RM4bn at year-end if the company succeeds in its target of RM1.8bn for second half 2016. Further, the research house believes that “its contract win of RM3.5bn will surpass our RM3bn estimate for 2016”.
In a “company flash note” today, CIMB Research said that Vivocom’s swelling orderbook “will lend strong support to our FY17F earnings visibility”.
This follows on from Vivocom’s largest contract win to date (which Business Today had reported on yesterday) – refer to our report VIVOCOM INTL HOLDINGS BERHAD – “A MID CAP CONSTRUCTION RISING STAR THAT CONTINUES TO SHINE BRIGHTLY! – that the company had had won a RM756m contract award from the Perak state government to build 4,000 units of affordable housing over four phases.
This contract is the largest win so far for Vivocom this year. The project consists of 15 blocks of 21-storey apartments on 66 acres of land in the Bandar Tasik Amanjaya township, located in Tronoh on the outskirts of Ipoh, Perak.
“The award brings Vivocom’s contract wins YTD to RM1.7bn and outstanding orderbook to c.RM2.2bn,” said CIMB Research.
“A RM4bn orderbook will place Vivocom alongside mid-cap construction companies such as Sunway and WCT that trade at 13-15x P/E vs. Vivocom’s 4x FY17 P/E,” said CIMB Research.
“We maintain Add with an unchanged SOP-based target price, with the construction business valued at 10.5x, based on a 30% discount to the average sector P/E of 15x,” concluded the report.
Other research houses, similarly, have made “BUY ON VIVOCOM” calls – with target prices ranging from 59 sen to RM75 sen per share, signaling strong upside potential and capital appreciation of more than double its current share price.
Given the numerous BUY calls, the general consensus is that at present levels, Vivocom shares represent great value for bargain hunters especially in view of the Bonus Issue (1 for 4) reward just announced.
CIMB has a target price of 78sen for Vivocom, against its current share price of 28 sen at closing today.

“Our shareholders base keeps growing as more and more retailers see value in Vivocom as a long term investment. As at 27th July our shareholders had increased to 16,358 investors from 12,250 in February,” Vivocom executive director Choo Seng Choon (pic) said.
This probably explains why Vivocom’s share price had climbed from 22.5 sen in late June to close at 29 sen last Monday (1 Aug 2016): Fresh funds had entered the stock during the five-week period and hence increased the Company’s shareholders base.
Based on its annualised 1st quarter results, it’s worthwhile noting that Vivocom is currently only trading at less than 10 times price-earnings multiple whilst its peers with similar market capitalisation are currently trading at price-earnings multiples ranging from 14 times to 17 times.
“We pride ourselves on our pursuit of excellence in our core businesses, and we intend to be wealth creators on a sustainable basis for all our loyal shareholders in the long run,” emphasised Choo.

This endorsement was with reference to the Vivocom group having been on a consistent winning spree, securing several notable contract wins since late last year.
Other research houses similarly are similarly bullish on Vivocom!
In its Retail Market Monitor note dated 19th August under its heading of “Stock to Watch”, UOB Kay Hian emphasised: “Vivocom as a Technical Buy with a 154% potential return within a time frame of 2 weeks to 2 months with a Target Price of 79c/86 sen and a stop loss at 24.5 sen.”

A few days later on 24th August, Affin Hwang Investment Bank Bhd made a similar “BUY” call on Vivocom with a medium (6 – 12 months) term target price of 50 sen, hence offering an upside potential return of around 72.4% from current levels.

After reporting strong Q2 results, Vivocom now lands another new RM600 million project in Perak!
Sep 1st, 2016 – by Business Today

Reputable research houses continue to be bullish on the stock, with BUY calls ranging from
63 sen to 78 sen, with CIMB believing a Massive Re-Rating is imminent!
Just when we thought it couldn’t get any better for Vivocom Intl Holdings Berhad (stock code: 0069), the company today announced that it had just bagged another huge contract in Perak with an estimated Gross Development Value (“GDV”) of RM 600 million!
In a filing to Bursa Malaysia this evening, it was announced that subsidiary Vivocom Enterprise Sdn Bhd (“VESB”) had entered into a heads of agreement (“HoA”) with Dazamega Ventures Sdn Bhd for the former to be appointed as Turnkey Contractor for the development of six 22-storey residential condominium blocks on a piece of land located at Mukim Hulu Kinta on the outskirts of Ipoh, Perak.
This development follows on the heels of Vivocom having secured a RM100 million contract for the construction of 2 block of 18 storeys  of 1Malaysia Housing Projects for Civil Servants (PPA1M) also in Mukim Hulu Kinta, and which was announced to Bursa Malaysia on 19 August.
In addition and also in Perak, the company had on 4 August announced of its partnership with Seni Prospek Sdn Bhd to build 4,032 units of affordable housing, which is divided over 4 phases with a provisional contract value of RM 189 million for each phase, hence totaling the contract sum of RM 756 million, as part of the Bandar Tasik Amanjaya township located in Tronoh on the outskirts of Ipoh, Perak.
When fully completed, this development will form part of the mammoth 1,469 acres Bandar Tasik Amanjaya township, which is the brainchild of state-owned Menteri Besar Incorporated (MB Inc), and would also comprise condominium units, retirement homes, terrace and semi-detached houses, bungalow, shops, a street mall and various institutions of higher learning.
This means that, collectively within the last 30 days or so, Vivocom had landed three significant projects amounting to RM1.5 billion (!), quite a feat considering that the transformation of Vivocom from a sleepy telecommunications provider to what CIMB Research had described as a “Giant Unleashed” took less than 12 months!

CIMB Research: Re-rating for Vivocom set to continue!
These achievements also serve as testimony of Vivocom fast becoming one of the most sought after contractors in Malaysia, most evident in the company’s extremely bullish results posted for its second quarter ended 30th June 2016.
To recap, Vivocom announced last Tuesday (30 August) that Q2 profit before tax soared to RM32.29 million from a deficit of RM1.50 million in the previous year’s corresponding quarter.
This unprecedented profit was achieved on the back of a surge in turnover of RM121.56 million from RM8.64 million previously. After accounting for taxation of RM6.87 million, profit after taxation came in at RM25.42 million.
The solid set of results for Q2 – which even surpasses what was already an achievement in Q1 when net profit came in at RM19.87 million on the back of RM141.54 million in turnover – was attributed predominantly to Vivocom’s construction division, which contributed 77.4% of total revenue.
CIMB Research described Vivocom’s Q2 results as “Another Smashing Quarter”, adding that that the “Strong Sustained Q2 Momentum” lifted 1H16 net profit to RM41m.
“Annualised 1H16 net profit exceeded expectations at 36% above our full-year forecast,” continued the report, adding that “1H16’s margins were boosted by tail-end recognition of progress billings of several building jobs and a lucrative short-term rescue project.”
CIMB Research is also raising its FY16F EPS by 16% to impute higher gross margins given the strong 1H results: “We maintain our SOP-based target price, valuing the construction business at 10.5x P/E, based on a 30% discount to the average sector P/E of 15x, comparable to other pure contractors of this size and in line with the expansion in sector multiples over the past six months given the bullish outlook of the construction sector.”
CIMB Research also emphasised that Vivocom’s re-rating should start after the strong 1H results: “Potential re-rating catalysts are: 1) large-scale project wins, 2) continued delivery of above-sector margin execution, and 3) bonus issue.”

Currently, it has a target price of 78 sen for Vivocom, an upgrade from its previous 72 sen target price.
Bullish “BUY” calls also from MIDF Research, UOB Kay Hian and Affin Hwang!
MIDF Research, meanwhile, also has a “BUY” call on Vivocom and upgraded its target price to 63sen (from 59sen previously).
It believes that Vivocom had clinched RM3.5 billion worth of projects thus far and added that “Vivocom’s orderbook will continue to rise to meet our earnings expectation for the next three financial years.”
This endorsement was with reference to the Vivocom group having been on a consistent winning spr

Vivocom to win RM600m deal? 22 AUGUST 2016 @ 11:07 AM BY ZAIDI ISHAM ISMAIL KUALA LUMPUR: Vivocom International Holdings Bhd, fresh from winning a RM100 million contract last week, is expected to clinch another construction project with a gross development value (GDV) of about RM600 million in Ipoh. Sources said the construction industry was abuzz with news that a significant win was on the horizon for Sarawak-based Vivocom. This contract was just the “tip of the iceberg” for the firm as it was set to win more lucrative projects in the future, they said. “The Perak government and the company is finalising a contract for a construction project valued at RM600 million in Ipoh,” one of the sources told Business Times. Vivocom executive director Choo Seng Choon told Business Times he “is not in a position to confirm or deny this development”. “Please wait for the appropriate announcement to be made.” However, he admitted that the senior management of Vivocom had been working “12-hour days to ensure smooth commencement and execution of the company’s various construction projects”, adding that the company had also expanded its construction team rapidly in recent weeks in line with the swelling order book. “We have hired some highly experienced construction professionals to oversee various projects,” he said. Vivocom announced to Bursa Malaysia on Friday it had received a letter of award for a RM100 million contract from Green Ventures Development Sdn Bhd to be the turnkey contractor to build two 18-storey blocks in Chepor, Perak, for the 1Malaysia Civil Servants Housing programme. Meanwhile, a construction professional said the industry was surprised at Vivocom’s amazing transformation in the recent months. The company has been winning over market cynics and quietly delivering secured projects while hiring top professionals to oversee various projects, some of which are of national interests. Separately, CIMB Research believes that Vivocom’s order book is expected to swell to the tune of RM4 billion by year-end if the company hits its target of RM1.8 billion for second half of this year. The research house believes “its (Vivocom’s) contract win of RM3.5 billion will surpass its RM3 billion estimate for 2016”. In a recent note to investors, CIMB Research said Vivocom’s fast-growing order book “will lend strong support to its 2017 earnings visibility”. Earlier this month, Vivocom announced it had secured a RM756 million contract, its largest win to date, to build 4,000 units of affordable housing over four phases in Perak. The project consists of 15 blocks of apartments over 26ha and it will form part of the mammoth 594ha Bandar Tasik Amanjaya township in Tronoh, on the outskirts of Ipoh. “The award brings Vivocom’s contract wins year-to-date to RM1.7 billion and the outstanding order book to RM2.2 billion,” said CIMB Research. “A RM4 billion order book will place Vivocom alongside mid-cap construction companies such as Sunway Construction and WCT Holdings Bhd.” On Bursa Malaysia last Thursday, Vivocom closed at a 10-week high of 31 sen. Investors have also been pouring money into the stock ahead of its one-for-four bonus issue, which is expected to be completed next month. CIMB Research believes the company’s swelling order book provides “scope for massive price/earnings re-rating”. The research firm has a target price of 78 sen for Vivocom. Meanwhile, MIDF Research on Friday upgraded Vivocom’s target price to 63 sen from 59 sen.

Selanjutnya di : http://www.nst.com.my/news/2016/08/167324/vivocom-win-rm600m-deal?m=1

“Our channel checks indicated that CNH has strong working relationship with China Exim Bank and Industrial and Commercial Bank of China (ICBC) as it has the track record of successfully completed the construction of Global Innovation Centre of Johnson & Johnson, Shanghai, Al Hassan Sports City, Jordan and Shanghai International Gymnastics Centre.
“The joint venture with CNH is beneficial because it removes the risk of execution as Vivocom can step- up on its capacity to take up projects.
“Furthermore, Vivocom can participate in heavy engineering projects such as oil and gas and energy tenders banking on the expertise of CNH,” it commented.
Another advantageous change that MIDF Research observed is that Vivocom’s management are focused to strengthen their fundamentals such as reducing pressure to its balance sheet through increasing its cash flow from operations (CFO) from RM3.7 million in FY14 to RM8.7 million in FY15 (an increase of 135.5 per cent year-on-year) and improving its operating margin from 9.3 per cent in FY14 to 12.25 per cent FY15 (an increase of 31.7 percentage points year-on-year).
“Moreover, shareholders fund has been steadily increasing from RM167.5 million in FY14 to RM329.4 million in FY15 (an increase of 96 per cent year-on-year).
“We also view that Vivocom’s management is balancing its large share base with strong fundamentals to avoid the tendency of depleting its working capital whilst growing its orderbook and increasing its debt level,” it said.
Despite the positive traits, MIDF Research pointed out that there are still risks in the stock. It pointed out that the issue of concentration and execution risks looms through the surge of materiality of receivables (revenue/receivables), which is from 2.6-folds in FY14 to 3.4-folds in FY15.
“Nevertheless, in order to balance our view, we note that the construction contracts per CIDB Guidelines 2007, Persatuan Akitek Malaysia (PAM) and Public Works Department (PWD) stipulates various positive clauses that addresses payment and price adjustments hence comforting any ‘hard landing’ in Vivocom’s construction schedule.
“Secondly, to address the materiality of concentration risks of projects related to China SOEs (state-owned enterprise), the management has illustrated its commitment by tendering into various state government projects such as in Perak,” it said.

VIVOCOM SUMMARY - Latest Update 

- Q1 result Profit after Tax RM20mil. Exceeded expectation. 
- Q2 result Profit after tax RM21mil. Above expectation again.
- Q3 and Q4 will be much higher profit due to multiple project billing progression.
- Forecast profit FYE2016 is RM80mil. 
- Total Order book currently stand at RM 2.9bil
- Total project pipeline not received yet are RM 1.8 bil + rm500 & rm 400mil in HOA
- There is a plan to move Vivocom to Main Board in 2017. 
- Share Capital 3.2bil. Vivocom has the largest market capitalization for the SME sector. 
- Current Net Tangible Asset is 30.5 sen. 
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing etc... 
- outstanding project not award also include -D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil. 

These finalisation projects totalling up to 1.7 bil till Jan-sept2016 and added to current bookorder of 1.2bil..then they already meet the rm2.9bil current order book .and another remaining target order book 2.7bil will make up total order book rm 5.6bil by year end 2016. lasting up to 2018

VIVOCOM SUMMARY - Latest Update 

- Q1 result Profit after Tax RM20mil. Exceeded expectation. 
- Q2 result Profit after tax RM21mil. Above expectation again.
- Q3 and Q4 will be much higher profit due to multiple project billing progression.
- Forecast profit FYE2016 is RM80mil. 
- Total Order book currently stand at RM 2.9bil
- Total project pipeline not received yet are RM 1.8 bil rm500

“Our channel checks indicated that CNH has strong working relationship with China Exim Bank and Industrial and Commercial Bank of China (ICBC) as it has the track record of successfully completed the construction of Global Innovation Centre of Johnson

KUCHING: Despite the current volatile market condition, analysts believe that Vivocom International Holdings Bhd (Vivocom) provides a compelling risk/reward profile with a fundamental upside.
The research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) said amidst the clamour of the volatile market, Vivocom presents a compelling risk/reward profile with fundamental upside supported by robust current orderbook of RM3.3 billion.
It also pointed out that the continuous expansion in its orderbook of RM3.3 billion coupled with improving balance sheet would potentially translate into positive earnings accretion for the financial year 2016 (FY16) and FY17.
“Currently, its orderbook has expanded from RM2.4 billion in the fourth quarter of 2015 (4Q15) to RM3.3 billion – an increase of 37.5 per cent.
“Going forward, we estimate that its orderbook will grow further from RM3.3 billion to RM3.9 billion by 4QFY16 (an increase of 18 per cent) on the back of 36 months backlog. We are forecasting Vivocom to win circa RM950 million of jobs for FY16 estimate,” it said.
As a result of orderbook expansion, the research team noted that the earnings are slated to grow 5.5-folds of its current levels in FY16F/FY17F.
“Additionally, Vivocom’s sustainable margins of circa 10 per cent will be achievable due to its less capital intensive construction contracts, viz project delivery partner and sub-contracting, through larger China-based contractors such as China Railways Construction Corporation (CRCC) and China Nuclear Industry Huaxing Construction Company Ltd (CNH).
“Its current cash level of RM23 million gives ample financial headroom to increase its mobilisation into sizeable projects that it has tendered such as in Kinta Valley and Tronoh, Perak,” it explained.
The research team also viewed Vivocom’s joint venture with CNH as beneficial for the company’s growth.
It noted, the joint-venture with CNH is another strong catalyst for Vivocom due to the speedier and reliable decision making process.
“CNH is listed in the Shanghai Stock Exchange and its decision making is through the appointed management. Hence CNH’s decision is arguably speedier than CRCC as it has less reliance on the state to make decisions for projects roll-out thus giving certainty to its decision making process.
“Our channel checks indicated that CNH has strong working relationship with China Exim Bank and Industrial and Commercial Bank of China (ICBC) as it has the track record of successfully completed the construction of Global Innovation Centre of Johnson

Non CRCC awarded project

1.)  Vivocom Enterprise Sdn Bhd (“VESB”) had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Kiara 5 Development Sdn Bhd for the appointment as Turnkey Contractor for the construction of 1 block of 19 units low density apartment at Lot 13498, Jalan Jenjarum, PJU 6, Kampung Kayu Ara, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan The provisional contract amount is RM25,000,000 (Ringgit Malaysia Twenty Five Million).

2.) Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41 storey of service apartment on Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur. The contract amount is RM12,800,000 (Ringgit Malaysia Twelve Million and Eight Hundred Thousand Only).

3. 20/5/16 Letter of Award (“LOA”) from Goldenhill Accenture Development Sdn Bhd (“Goldenhill”) for the appointment as Turnkey Contractor for the construction of 4 Blocks total 88 units of gated and guarded home, together with carpark and club house with swimming pool (“the Project”) located at Lot 19751 (Jalan Rimba 2) Genting Sempah, Mukim Bentong, Daerah Bentong, Pahang Darul Makmur (“the Land”). The provisional contract amount is RM46,000,000 (Ringgit Malaysia Forty-Six Million).

4. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 5 May 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into heads of agreement (“HoA”) with De Facto Integrated Sdn Bhd (“De Facto”) to be the Turnkey Contractor for the development on a piece of land located at Wilayah Sultan Azlan Shah Mukim Hulu Kinta Daerah Kinta (“ the Project”). Subject to the execution of the final agreement, De Facto will appoint VESB as the main contractor for the Project at an estimated contract value of RM160.0 million (Ringgit Malaysia One Hundred Sixty Million)

5. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 26 April 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into a heads of agreement (“HoA”) with Green Ventures Development Sdn. Bhd. (“Green Ventures”) (“the Parties”) to be the main contractor for the development on Batu 10, Chepor, Mukim Hulu Kinta, Daerah Kinta. The land measuring 3.11 hectacres is to be developed for mixed development purposes (“the Project”). Subject to the execution of a final agreement, Green Ventures will appoint VESB as the turnkey contractor for the Project at an estimated contract value of approximately RM90.0 million (Ringgit Malaysia Ninety Million) (“the Proposed Development”). 

6)The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016;

7. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.
8. The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071

Tomorrow up 0.280 mother n Wb 0.180. I heard from insider

You so doggie hahahhahhaha

Let the dogs bark la! The more they barks, the cheaper price u can buy. Name already professor conman, what do you expected from them wo

Longnian, yes u are right on orderbook. I not worry not how they complete their project. And don't worry thing that not happen. The BOD must has their capability when they tendered projects. For me Vivocom still has very much great achievement after transformations since last year 2015. Just patient and wait for the best!

http://www.theborneopost.com/2015/12/08/instacom-wins-crcc-contract-orderbook-now-at-rm2-billion/

Longnian. This article as at 08/12/16. But it mentioned rm2 Bil orderbook since dec2015. Before adding 2016 contract win.

After so many bullshiting post by traderman and dogs posting still got people believe???? Hahahahahaha. Scroll up to sell your self. What funniest ever comments

So desperate dogs barking ...

The most most funniest part!


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 3, 2016 08:15 PM | Report Abuse

Heard will close shop


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 8, 2016 04:15 PM | Report Abuse

disagreetoagree, soon vivo will go 50 cent and you can bang head to the wall

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 12, 2016 10:16 AM | Report Abuse

disagreetoagree, actually you already super losers on vivo ... first the stock went up to 37.5 cent last round ... it means something already happen ... yes it did sold down a lot but that is normal in stock market ... price up or down ... then at the low of 23 cent, it recover back to current 29 cent ...this is almost 30% rise ....

and you still like an idiot bashing vivo a bad stock ... so from head till tail, you just making yourself a joker. continue be a joker. i know your style ... once vivo break 30 cent and go 45 cent ... then when it profit taking back to 38 cent ... you will come in and said vivo a bad stock ...

People forget what they write. See to believe ! You still believe hired dogs?? Hahahhhhahaha

tock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 30, 2016 03:45 PM | Report Abuse

hahaha ... karma ... vivo loss 20 millions

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 30, 2016 03:40 PM | Report Abuse

keep call people dog and si bodoh. vivo resultl gonna ugly

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 30, 2016 10:36 AM | Report Abuse

may be vivo cant come out result today ... and suspended immediately on thursday

Stock: [AAX]: AIRASIA X BERHAD
Aug 29, 2016 04:08 PM | Report Abuse

forseen market will collapse next few days. aax 30 cent.


Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Aug 24, 2016 08:12 PM | Report Abuse

run asap. result is red. confirm

Hahhahahaah transmile by doracuties and later ifca by traderman, same bunch of hired dogs