*Vinvest: The Return of the Prodigal Son?*

In a sea of red over the past few weeks after the collapse of Silicon Valley Bank, Credit Suisse and others, Vinvest emerges as one of the rare few to be have such aggressive price rise today.

Vinvest has broken out of its descending triangle today to end at 0.245.

One wonders whether is it a complete change of guards and the beginning and a new upward wave.

It looks like we could see the share price attempting 0.260-0.265 tomorrow and we could potentially see 0.300 by the end of the week.

Perhaps we could see a potential corporate exercise in the near term, as its warrants is expiring Aug 2023.

The pattern for Vinvest, as per our research, is that every 2-3 years there is a small rally and every 5 years there is a big rally.

If so, perhaps we could see Vinvest going to 0.500 in the near term. Worth taking note and initiating position at low price. The upside from current price of 0.245 is 100%.

The Fibonacci Calculation for Vinvest target price is:
A) 0.2883
B) 0.3058
C) 0.3200
D) 0.3342
E) 0.3800
F) 0.4258
G) 0.4542
H) 0.5000

At 0.500, we need to revisit to see the condition of bull vs bear. To see whether will there be a continuation of the uptrend or there will be a retracement.

My technical analysis and gutfeel tells me a BREAK-OUT is imminent or just around the corner.
 
Time waits for no man.
 
Here are my two cents worth of suggestion in Italics :-
 
If we are paralysed by wars or other conflicts that are happening in the world and we choose not to invest, then we will never be able to reap the benefits of getting in as early birds.You can either collect low early or chase high. 
 
If you chase to buy at a premium valuation,the risk at premium valuation is always greater. 
 
Or we can apply the following principles when it comes to trading shares: 
 
1. We nibble when the price is high (buy small) 
2. We bite when the price corrects (collect moderately) 
3. We gobble when the price is attractive (accumulate heavily)  
 
When the risk is high, buy safely in smaller tranches. When the price comes down but has a potential to go up further, buy bigger tranches. When the price comes down tremendously or is on the verge of an uptrend, buy aggressively, hold and wait to reap the fruits. Never contra. 
 
Remember, fortunes favour not only the bold but the WISE too.

Vinvest (0069) – A MUST Monitor Share Without a Shadow Of Doubt
 
I have been closely monitoring this share for some years now and especially since last year when it bottomed at 14c.
 
Despite the turmoil caused by the Russia-Ukraine war, Vinvest has remained strong and bullish throughout despite the very weak market outlook which has naturally dragged down financial markets worldwide with KLSE faring far worse due to its added political uncertainties and instability.
 
Based on its performance for the past 12 months, I believe Vinvest’s share price is poised for a sharp uptrend break-out in the foreseeable future. Not if but WHEN!
 
Just look at the chart. Closely study it and decide for yourself if the price breakout is soon as in just around the corner or months away.
 
The chart paints a very promising story whereby Vinvest’s share price is presently at 23c as at last Friday’s 3rd March close and with natural support anchored strongly and convincingly at 20c – 22.5c range currently. 
 
Vinvest’s price sank to a low of 14c during March 2022 at the height of the Russia-Ukraine conflict. Since then, its price has however been on a steadfast uptrend, reaching a high of 26c from its lowest point of 14c - an 85.7% jump! 
 
With strong traders’ participation and robust trade velocity, Vinvest’s shares have proven very liquid with strong and healthy volumes on a daily basis. The share is amongst the Top 3 Ace counters and regularly trades in the Top 30 counters in volumes, even in the Top 10 numerous times.
 
Based on the chart below and the natural support at the price range of 20c – 22.5c levels, I dare say for Vinvest, the BEST is yet to come! 
 
All technical indicators have shown that Vinvest’s price now at 23c is on the verge of an upside breakout as the share price is now trading at a narrowing uptrend triangle. 
 
We may be seeing the price move fairly soon as the warrants is less than 6 months from its expiry date and we could potentially see an aggressive uptrend price movement due to traders converting their warrants to mother share. 
 
One thing is for sure: the price volume action for Vinvest undoubtedly looks healthy and robust. The volumes are constantly healthily traded with mini peaks and troughs along the way but maintaining unfailingly a solid and steadfast uptrend all along.
 
Based on the chart, Vinvest share price definitely looks very SUSTAINABLE! For the long haul.
 
My close monitoring of the share especially since March last year had witnessed several tests challenging Vinvest’s lows multiple number of times yet the lows could not be broken but each time strongly upheld instead. Not only that, each time the lows were tested, strong accumulation at lower prices steadfastly and convincingly occurred. This tells me savvy players see profitable upside potential in Vinvest in the near future.
 
This also shows that the silent bulls are loyal and stronger than the nervy and jittery bears that are trying to press down the price to buy back lower. The bears have failed on three occassions in setting their bear traps. Each bear trap resulted in the share price to be well and solidly supported at 16c -18c levels, and thereafter resumed its uptrend strongly. 
 
This current uptrend shows that the bears are submitting to the bulls and are participating in the price volume action together. 
 
In short, my bet is that Vinvest’s price will not go below 20c – 22c levels as if it does, there will be strong natural market support and fervent accumulation by savvy traders who have been closely following Vinvest for a few years, and in particular for the last 12 months.
 
We may never know what will happen in the future, yet these savvy traders recognise a good stock when they spot or sniff one and will swoop in to accumulate Vinvest whenever there’s any retracement or correction opportunity, hence the sustainability of the share as demonstrated over the past 12 months when it was trading in 14c – 17c range to 17.5c – 19.5c range to recently 20c – 22.5c range; and presently testing 23c – 26c levels.

Eupe - the new darling of icapital.biz

Recent quarterly report shows icap has begun purchasing shares of eupe. Icap currently has rm 200m cash on hand, it is sufficient to buy 200% of entire eupe shareholding!!!

Est8 November launch will bring the company new high.

What are you waiting for?

Can see that operator is controlling the price at this level and accumulating tickets

Operator sold all at 70-80c, now trying to push down further so that retailers will cut loss and operator can collect 50c and below.

Operator now stabilise at this price. Time to collect at support level.

Looks like the price is standing firm and strong at 0.685 despite weak market today.

Looks like got buyers come out! Strongly supported above 0.7

Looks like the price is moving upward. Many counters in Bursa red, this counter green.

Vivo coming back liao! Can see green light already. Slowly climb back up.

As expected, friday i would expect profit taking after up for the past many days, plus weekend holiday. Lets hope next week will start crawling back to everest!

我不管是白猫还是黑猫，总之赚到钱就是好猫