Yesterday, Bernama quoted Global Built Sdn Bhd managing director
Lim Chip Keong as saying that the construction progress of the theme
park was still on track and scheduled to be completed by end-November.
“The blaze only affected a small portion of the roof on that floor.The
roof is 24ft high, so the fire was an isolated one. That was why you saw a lot of smoke at the roof level. The fire was minimal,” he said in the report.

“No damage was reported at any of the premises. The fire was put out within half an hour, and no injuries were reported. The cost of damage
has not yet been determined,” the report added.

OWG clinched the RM180 million Komtar revitalisation project from Penang Development Corp in December 2012.

CIMB INVESTMENT RESEARCH

Only World Group Holdings

More smoke than fire

■ Fire broke out at level five of Komtar building on 15 Oct in the morning.
■ Resulting damage was immaterial and does not affect Komtar’s opening timeline, according to management.
■ Maintain Add. TP RM4.36 OWG remains one of our top small-cap picks.

Fire on level five of Komtar building
● The Star newspaper reported that a fire broke out on level five of the Komtar building on 15 Oct, at about 9.30am. The Penang Fire and Rescue department spokesman said that the fire was put out by 10am. Nobody was injured in the incident.

Damage was immaterial
● We spoke to management to obtain clarity on the matter. According to management, welding works on the steel structures at the outdoor rear area of level five ignited some aluminium foil that started a small fire. This resulted in heavy smoke but the fire damage was immaterial, according to OWG.

No change to Komtar’s opening timeline
● Management clarified that the incident does not affect its official opening date of 18 Dec. It maintains its planned Nov deadline for opening the interactive lift and outdoor themed attractions.
Where is the upside?

● We currently assume a late-Nov opening of the interactive lift and outdoor themed attractions. We have not imputed any revenue and profit contributions from the themed attractions at Komtar. We have also not imputed additional profit contribution from the additional space that OWG will be securing, as it is still finalising the amount of additional space in Sky Plaza at Genting Highlands. We estimate that OWG’s total space in Genting could amount to 50% more than its current space.

Re-rating starts now
● With improved clarity on Komtar’s opening timeline, we believe that the stock is poised for significant re-rating. OWG is trading at a CY17F P/E of only 11.4x, which is more than a 50% discount to the F&B sector average. This is unjustified, in our view, as the Komtar delay is merely a timing issue.

Still one of our top small-cap picks
● We maintain our Add rating. OWG is still one of our top small-cap picks for 2016-17F. We maintain our EPS forecasts and target price, still pegged to 21.2x CY17F P/E, at a 10% small-cap and liquidity discount to the F&B sector average. Potential re-rating catalysts include the opening of Komtar’s lift in Nov and higher-than expected visitation numbers. A key risk is further delay in Komtar’s opening.

Tech Dome Penang which was already opened for business was not affected by the fire in Komtar...

https://www.facebook.com/techdomepenang/

EPF must have seen/know something...
Otherwise, why would EPF invest in this small, illiquid and low profile company.

Seems like good news...

EPF reported to BURSA that they have acquired 12,100,000 shares on 11 Oct 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5231857

These shares from ESOS were listed on 12 Oct 2016.
Some staff may be tempted to sell these shares for quick profit as their cost is so much lower than the price on 12 October...

LBS BINA GROUP 156,000 1.42 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 120,500 1.35 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 105,600 1.23 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 103,700 1.29 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 102,500 1.08 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 98,600 1.48 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 97,700 1.22 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 47,600 1.22 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 40,600 1.54 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 39,700 1.18 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 20,400 1.21 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 19,600 1.40 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 14,500 1.45 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 12,000 1.50 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 8,500 1.43 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 8,500 1.46 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 8,500 1.52 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 7,500 1.00 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 3,400 1.55 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 2,800 1.33 12-Oct-16 1.00 Exercise of ESOS
LBS BINA GROUP 2,500 1.44 12-Oct-16 1.00 Exercise of ESOS

Director, TAN SRI LIM HOCK SAN disposed LBS shares
07/10/2016 120,000 @ 1.780
11/10/2016 880,000 @ 1.780

Private placement of 8.885 million shares at RM2.13/share to be listed tomorrow, 13 October 2016.

The shares issued at a discount of 5.75% [(2.26 - 2.13)/2.26]

9% Dividend - Ex-Date 26th October 2016!

Yes....as reported "Sale of shares via open market. The sales of shares are pursuant to financing arrangement that Datuk Zainol Izzet bin Mohamed Ishak is a party to and is not a voluntary sale on his part."

Engine started...
off to 0.58 soon!

CIMB INVESTMENT BANK
NEW TARGET PRICE FOR GAMUDA = RM5.97


Water Treatment & Services
Not seeing any Splash for now

■ The 7 Oct deadline to crystallise the sale of Gamuda’s Splash will be extended.
■ Not a huge surprise given the lack of progress of late. End-2016 is the next hurdle.
■ Gamuda is direct beneficiary of the water restructuring theme.

Gamuda’s Splash deal needs more time
● According to Financial Daily, the discussion between the Selangor government and Splash on the takeover of the latter's water concessionaire will be extended beyond the 7 Oct deadline. Energy, Green Technology and Water Ministry have given the green light to extend the deadline until the two sides can come to a mutual agreement on the price of Splash’s assets. This could take a few months. We see this as a slight
negative for Gamuda but not a big surprise given the lack of progress of late.

Still far from invoking Section 114 of WSIA
● Although there has been a valuation conflict, as indicated by the last rejected offer of 0.1x P/BV (RM251m), the invocation of Section 114 of the Water Services Industry Act (WSIA) (i.e. compulsory acquisition based on national interest) is still a far-fetched scenario, in our view. Gamuda's recent guidance hints at a more palatable valuation for Splash, with end-2016 as a more realistic time frame for the parties to come to an agreement, in our view. Splash’s current book value is c.RM2.8bn.

Selangor state needs funds to buy Splash
● Financial Daily highlighted that the issue, at present, is that the Selangor state government needs funds to acquire Splash. In its last water asset takeover, RM1.6bn from the federal government was used to acquire Puncak Niaga’s two water operations. In the case of Splash, Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili was quoted as saying that Selangor has yet to reveal the new valuation for Splash.

Selangor still appears committed to a resolution
● It appears that end-2016 is the next hurdle for the revival of the water restructuring theme in Selangor. We believe there is still a strong conviction from the Selangor government to finalise the terms with Splash, given that it is the last water asset in the state to be acquired. Air Selangor CEO Suhaimi Kamarulzaman in Jun said the company has two options: 1) convert into a licenced operator after acquiring Splash, or 2) sort out the licence prior to the buyout while Splash remains a concessionaire.

Water restructuring newsflow in Nov-Dec?
● We retain our Neutral call on the water sector on the back of persistent delays in Selangor's water restructuring. For exposure to the recovery of the water asset sale theme, we continue to like Gamuda given the cash proceeds from the divestment of Splash (RM1bn-1.2bn, assuming 0.9-1x BV price tag).

As we all know, Gamuda is heavily influenced by "institutional investors". The recent sell off by these constitutional investors have affected the share price and its trend. Retailers can only "flow with the trend" (because you cannot win this battle) or will have to suffer the consequences.

There will be a seminar entitle LBS Bina Group Berhad Corporate Presentation organised by CIMB Invesment Bank Berhad on 11 October 2016.
Venue: CIMB Investment Ground floor, Tropicana City Tower, 3 Jalan SS20/27, PJ
Time: 12.15pm

It is absolutely not a rationale reason to sell off KPS stocks now, even if there is a delay in the conclusion of the deal. The deal is still there... to be negotiated and in fact it is getting nearer to the end (as can be interpreted from the views of all the parties concerned - expected to be concluded before year end 2016).

Agree with Cheshirecat.
We are learning....

Combine technical analysis with fundamental analysis to protect our investment....

Appreciate you can share with us what is not correct based on technical analysis. TQ

If you look at the pattern of its price chart, you will notice that this stock moves up (surge) and then consolidates (for a while) before moving up to the next level....since December 2015.

Another important statistics...

Trade volume was above the 10 days average and 3 months average!

OWG share price has broken the upward resistant (at RM2.28) and poised for further gains.

Currently (at RM2.30), it is beyond the upper Bollinger range...
RSI is UP
MACD is is UP
FUSTO is UP
Ichimoku Cloud is way below the current price

Price Cross EMA signal = BUY
Moving Average Cross signal = BUY
MACD Cross Signal = BUY
MACD Cross & Over Zero signal = BUY
DMI signal = BUY

What more can we asked for?

Fundamentally good.
Price at current level is also good...for investment.
After this, just waiting for the right "wind"........

Pretty, a good idea indeed to give special offer to shareholders...taping on the shareholders to expand the customer base (although it may not be significant but useful) especially when the business is new (The Top) to spread the news on the new thing in the market.

Hope the management of OWG can hear us.

Interesting read......

http://klse.i3investor.com/blogs/djibaok/105341.jsp

The successful private placement shows that investors are confident in the company and willing to invest substantially for mid to long term... a good sign indeed.

Private placement of 8.885 million shares at RM2.13
(only 3.6% discount)...

It's about time to collect????

COMPANY ANNOUNCEMENT: ONLY WORLD GROUP HOLDINGS BERHAD ("OWG")

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF OWG


On behalf of OWG, CIMB wishes to announce that OWG had on 29 September 2016 (“Second Tranche Price Fixing Date”) fixed the issue price at RM2.13 per Placement Share (“Second Tranche Issue Price”) for the Placement Shares of up to 8,885,000 OWG Shares.

The Second Tranche Issue Price represents a discount of approximately 3.6% to the 5-day VWAP of OWG Shares up to and including 28 September 2016, being the last market day immediately prior to the Second Tranche Price Fixing Date of RM2.2084 per OWG Share.

OWG intends to place out the remaining Placement Shares under the Proposed Private Placement in the subsequent tranche(s).



This announcement is dated 29 September 2016.

http://klse.i3investor.com/blogs/kltrader/105403.jsp

BEST TO CATCH IT JUST BEFORE IT TURNS BULLISH!?
0.205/0.21 A GOOD BUY?

Some observations based on technical analysis...
Today 12.30pm: Price @ 0.21

MACD - Uptrend (moving from negative to zero)
RSI - Uptrend (@ 47.768 it is facing some resistant to break over the 50 level line)
FUSTO - Uptrend (Full%K = 40.476; Full%D = 35.913)
MA(21 days) - 0.213
MA (200 days) - 0.220
Ichimoku - Moved from below to inside the green cloud (Tenkan = 0.208; Kijun = 0.22)

Vivocom's trend reversal should be in sight...

CHARTS SHOULD TURN BULLISH WHEN VIVOCOM HIT 0.22!

The report by The Edge today with the headline...

"Gamuda's Q4 profit flattish; full-year earnings down 8.2%"

This might have influenced some investors' view/confidence on the outlook of this company...

MY E.G. SERVICES
27/09 Shares Buy Back 200,000 @ RM2.16

Good judgement by the company's directors.

CIMB IB Research has maintained its “Add” rating on Gamuda Bhd
with a higher target price of RM5.97 (from RM5.92).

CIMB RESEARCH, 29 September 2016

GAMUDA
Renewed bright spots
■ FY7/16 core net profit was 2-3% above our and consensus full-year forecasts.
■ Decline in earnings expected and marked a turning point for new infra profits.
■ RM3bn-4bn potential new infra jobs in the pipeline. Huge order book upside likely.
■ Gamuda now positioning to tender for the KL-Singapore HSR project.
■ Sale of Splash and recovery of job wins in 2H16 are key catalysts.

FY7/16 results above expectations
FY16 core net profit was 3% above our and 2% ahead of consensus forecasts. The overall results were broadly in line. The 8.3% decline in core net profit was largely expected, given the tail-end recognition of MRT 1 earnings and lower property development margins. FY16 marked an inflection point where new MRT 2 earnings on the back of an all-time high order book of RM9bn began to flow into FY17. The total 12 sen single-tier DPS for the full-year was in line with our expectation.

Bullish undertones for construction
Potential larger-value construction wins was the main positive surprise from Gamuda's results briefing. Over the next 12 months, management targets to secure RM3bn-4bn worth of infrastructure projects. These could come from: 1) LRT 3, 2) subcontract works for the Gemas-JB double-tracking rail project, and 3) Pan Borneo Highway in Sabah.
The new guidance puts the value of each targeted package at c.RM1bn.

A viable candidate for MRT 3
With the award phase of MRT 2 underway, MRT Corp is now targeting to submit the feasibility studies for MRT 3 (the last component of KVMRT) by end-2016. MRT 3 is likely to be largely underground and the most tunnel-intensive. The potential contract value could be substantially higher than the RM15.5bn underground scope for MRT 2 given the higher cost/km. Gamuda has so far secured underground packages from MRT 1 and MRT 2 via the MMC-Gamuda JV (50:50).

Positioning to tender for HSR too
Gamuda is positioning to tender for the RM30bn-40bn KL-Singapore high-speed rail (HSR) project now that the project has better tender time visibility i.e. end-2017. Management highlighted that a project of this size and scale fits into the group’s expertise and track record. At this juncture, it only targets to tender for the civil works but remains open to the possibility of taking on a bigger role in the project. However, this would depend on the final project structure.

Catalyst to revive Splash deal in the works
Updates on the sale of 40%-owned Splash support our view that this angle could be revived in 4Q16. Press reports highlighted that an agreement to resolve the long-drawn valuation issue is in the works, in time to meet the 6 Oct deadline (next week). Splash’s current book value is c.RM2.8bn. We believe that the eventual offer price should be closer to, if not on par with, 1xBV. The last rejected offer was at 0.1x P/BV.

Add retained; sector top pick
We raise our target price as we roll over our valuation to end-2017 (still pegged to a 10% RNAV discount). We continue to like Gamuda for its earnings turnaround in FY17F and exposure to large-scale rail projects. It remains our sector top pick. Downside risk is delay in job rollouts but this is outweighed by the revival of job wins, sale of water asset
and the likely recovery in foreign shareholding (currently at a low of 22%).

CIMB RESEARCH, 14 September 2016

MY E.G. Services
Govt to seize assets of employers hiring IFW
■ The government has announced that, in Oct, it plans to seize assets of employers who continue to hire illegal foreign workers (IFW).
■ This is a positive surprise to us as this move should help boost registration of IFWs.
■ We maintain our estimate of a total IFW registration of 1m in FY2017. Target price is RM3.22

Govt to seize assets of employers who continue to hire illegals
● Employers in the industrial sector who hire illegal foreign workers could have their assets and bank accounts frozen from next month, according to Immigration Department Director-General Datuk Seri Mustafar Ali. Ali warned employers about a provision under Section 56(1) of the Immigration Act allowing the government to freeze their assets, although this has not been fully enforced.

● “It’s not a new thing. We don’t want the public to get shocked when we finally take this measure come October,” said Ali yesterday, at a meeting with journalists.

News is a positive surprise to us
● “The Immigration Department is giving employers until the end of this month to sort out their workers’ travel documents, visas and permits,” Ali said. This news is a positive surprise to us as this should help boost the registration of illegal foreign workers in Malaysia. In mid-2015, MyEG was the sole company appointed by the government to register IFWs. The deadline for registration of IFWs was end-Jun but MyEG’s webpage indicated that registration for IFWs were ongoing.

No updated numbers on IFWs since end-Jun
● We understand the government and MyEG have yet to reveal the updated number of IFWs registered since end-Jun. As at end-Jun, we understand MyEG registered 300,000 IFW; only 120,000 was fully registered while the remaining 180,000 was still in progress as they did not have proper papers. The IFWs need to get proper documentation from the respective embassies in Kuala Lumpur.

Forecast total registration of 1m IFWs in FY2017
 In our earnings forecasts, we estimate that a total 1m IFWs will be registered in FY2017, which we believe is achievable. Our confidence about meeting the target is now higher in view of the government’s plan to seize the assets of employers. In addition, we believe the authorities are asking the courts to impose stricter sentences on employers who continue to hire IFWs. The courts can either jail or whip an employer found guilty of hiring IFWs. Maintain Add

 We are maintaining our EPS forecasts and target price, still based on unchanged 2017 25.2x P/E, a 20% premium over the sector target P/E, premium justified by 52.3% 3-year EPS CAGR. This latest news gives us added confidence that our forecast of 1m registered IFWs will be met in FY2017. Potential re-rating catalysts for the stock are stronger-than-expected registration of IFWs and the successful launch of the GST monitoring project early next year.

Risks are weak registration of IFWs.

This stock is for INVESTORS only!

The stock trading volume is low (illiquid), very low profile (not widely covered by analysts) and it will take time to materialised its missions (therefore you need to have holding power and patience).

I believe "the fruits is almost ripe!"...good timing...
Excellent potential for extraordinary return.

CIMB RESEARCH, 4 September 2016

Only World Group Holdings Straight to the Top
■ OWG has started selling tickets to Komtar’s attractions at this year’s MATTA Fair.
■ Tickets are valid from late-Nov 2016 for one year.
■ We upgrade our blended ticket rate assumption from RM30 to RM50.
■ Cut FY17 EPS by 6% but raise FY18-19F EPS by 22-24%.
■ Maintain Add, with a higher target price (from RM3.92 to RM4.36), pegged to 21.2x CY17F EPS. Launching of Komtar’s interactive lift a potential re-rating catalyst.

Komtar tickets available for sale at MATTA Fair
OWG has started selling tickets to Komtar’s themed attractions and interactive lifts at this year’s MATTA fair, Malaysia’s bi-annual travel event. Tickets for the themed attractions are packaged and sold separately from tickets for the interactive lift (see Fig 1 and Fig 2). The promotional rates for the lifts are RM80 for adults and RM52 for children. Outside of these promotional rates, Komtar tickets will see two-tiered pricing, foreigners and locals (c.20% cheaper).

Komtar’s opening to finally take off
Given the advanced ticket sales, we believe Komtar will finally open by late-Nov. In our new EPS forecasts, we now assume Komtar’s interactive lifts to contribute starting Dec 2016 (seven months to end-FY6/17) at blended ticket rate of RM50 vs. RM30 previously. This is still conservative as the promotional rates are RM80 for adults but excludes commission to travel agents.

Upgrade FY18-19F EPS by 22-24%
We upgrade our FY18-19F EPS by 22-24% by assuming 1m visitors for the interactive lifts at RM50 blended ticket price. We lower our FY17F EPS by 6% in anticipation of more pre-opening expenses in 2Q, and the two-month delay in Komtar’s opening from late-Sep to late-Nov. Management is still optimistic of a late-Oct opening but we use the MATTA Fair promotional dates as a conservative estimate.

Where is the upside?
We have not imputed any revenue and profit contributions from the themed attractions at Komtar. We have also not imputed additional profit contribution from the additional space that OWG will be securing since it is still finalising the amount of additional space in Sky Plaza at Genting Highlands. We estimate that OWG’s total space in Genting could be up to 50% more than its current space.

Re-rating should start now
With improved clarity on Komtar’s opening timeline, we believe that the stock is poised for a significant re-rating. OWG is trading at a FY17F P/E of only 13.2x, which is more than a 40% discount to the F&B sector average. This is unjustified, in our view, as the Komtar delay is merely a timing issue.

Maintain Add
We maintain our Add rating. OWG is still one of our top small-cap picks for 2016-17. We raise our target price by 11% after our FY18F EPS upgrade, still pegged to 21.2x CY17F P/E, a 10% small-cap and liquidity discount to the F&B sector average. Potential rerating catalysts include the launching of Komtar’s lift in Oct/Nov and higher-thanexpected visitation numbers.

A key risk is further delay in Komtar’s opening.

There is no panic selling, just dumping by big boys (BB) at about 10.41am.

Retailers do not have much impact on this stock at the moment...the price is controlled by BB.

Short term, there is only one "uncertainty" - the status of the RM600k project which is supposed to conclude by end of this month (a couple of days to go only).

If successfully concluded, it give a positive boost to the stock.
But if the deal is called off, then the market may react negatively to the stock price although the impact to Vivocom's business is minimal in view of the projects already in hand.

CIMB RESEARCH

Gamuda
ADD, TP RM5.92, RM4.90 close
New rail jobs in Sabah could provide new tender opportunities for Gamuda. The group was the main contractor (via MMC-Gamuda JV) for the RM12.5bn northern double-tracking project from Ipoh to Padang Besar.

CIMB RESEARCH...

New rail line for all ports in Sabah
■ A press article reported that there were new plans for a freight railway system linking
all ports in Sabah (East Malaysia).
■ This is a positive surprise and could be featured in Budget 2017, in our view.
■ There could be new opportunities for big rail contractors like Gamuda and IJM Corp.

Sabah rail project at advanced stage of proposal
● Malaysian Reserve reported that the federal government is in talks with the Sabah state government to construct a railway track that will link all the ports in the state.
This is to improve the land transportation system and enhance the movement of goods (freight). According to a source, talks on the proposed rail line are already at the “advanced stage”. However, timing and project cost have not been concluded.

Eight major ports in Sabah with no integrated rail link
● There are eight major ports in Sabah, namely 1) Sapangar Bay Container Port, 2) Sapangar Bay Oil Terminal, 3) Kota Kinabalu Port, 4) Kudat Port, 5) Sandakan Port, 6) Tawau Port, 7) Lahad Datu Port and 8) Kunak Port. There is currently no integrated freight rail link that serves all the ports. The ports are one of the major sources of economic activity for many cities in the state. A dedicated new rail line will enhance freight logistics and boost trans-shipment activities.

Initial allocation of RM200m could have upside
● The federal government had initially allocated RM200m to support the Sabah state government’s railway line development. Our checks fail to ascertain how much of this amount has been disbursed but what is clear at this juncture is that the initial budget does not include the new railway tracks for the ports. The overall rail plan to connect all the ports also includes the extension of the existing railway line from Kota Kinabalu to Sandakan and Tawau.

A possible item in Budget 2017?
● Under the previous Budget 2016, federal spending for rail was mainly focused on urban rail expansion, namely the MRT 2 and LRT 3. This new development could hint at a shift in federal spending towards more freight rail-related infrastructure in Sabah under Budget 2017. Using the Mentakab-Kuantan rail project as a gauge, it would cost RM40m-60m/km to construct a similar rail line for all Sabah ports. A hypothetical 100km new line could cost RM4bn-6bn (double-tracked).

Opportunities for Klang Valley contractors
● While initial tenders may focus on local Sabah players, a number of major rail contractors in Klang Valley, such as Gamuda and IJM Corp, could view this as a tender opportunity given the companies’ past track records. Gamuda (via a JV with MMC Corp) was the main contractor for the RM12.5bn Ipoh-Padang Besar rail double-tracking. IJM Corp has won two main viaduct packages for MRT 1 and 2. Other contractors under our coverage that could be keen are Sunway and WCT.

Potential measures in Budget 2017...

Early this month, the media reported that the government would announce a scheme to help first-time home buyers secure mortgage financing in Budget 2017. Since then, property developers have proposed many measures, ranging from higher loan-to-value ratios (LTV) and higher debt-service ratios to the reinstatement of the developer’s interest-bearing scheme (DIBS) and a higher cap on the withdrawal of EPF savings for home purchases, for inclusion in the government budget that will be tabled on 21 Oct.

If the scheme (a higher cap on the withdrawal of EPF savings for home purchases) is implemented, it will surely boost the property sector. Thus, indirectly Vivocom will also benefit from it.

Downward trend...now reversal.
Technical rebound...

Tan Sri says... wait and see in a month or two LBS will announce the new projects secured from the government... reported by The Edge.

What will be the investors' reaction IF the RM600mil Hulu Kinta project failed to materialised by 30 Sept 2016?

Volume is low as at 12.30pm...only 4.52 million shares traded.

0.205 = 2.62 million
0.210 = 2,62 million

almost equal BUT there is a vast different better the trade at 0.210 and 0.205...

Small number of Buyers at 0.210 but they bought in larger quantity e.g. about 500,000 share in each trade.
Whereas, sellers at 0.205 traded more transactions but in much smaller quantity per trade...

Hmm......

According to CapitalCube:
Next release date - Annual Accounts: September 22, 2016

Looks like Gamuda is going up to break RM5 by budget time in October.

Gamuda WE will go up faster than the mother...very bullish, chartwise!

Technical charts showing bullish signal since yesterday!
Upward trend now.

One thing quite cerain for Vivocom investors...

Investor with holding power and have patience may be rewarded in the near future.

Short term players without holding power will most likely to make loses in this stock!

Long term investors:
No issue as the current short term scenario is of no grave concern as long as Vivocom's business fundamental remains good as reported in the news.

Short term players:
Chartwise, overall bearish!
The price hovers at RM0.205 for the past three trading days with low volume shows that the stock is looking for direction...
Do or Die...
Be careful!

Anyway the share price is much more steadier now, lesser sellers.

Just be a little careful...

Watch out for the hood news BEFORE 30 September!