https://themalaysianreserve.com/2021/03/04/vivocom-to-raise-rm99m-via-private-placement-2/

This is definitely a very re-assuring article. Sounds like the sand contract is more legit than fake. The commencement of the 1st shipment will be crucial to the price sustainability and growth.

@graham Manchester, do you think the company is able to deliver and turn green above RM1 by end end of March?

Whether the company can deliver .... only the owner can give you a more definite answer
Turn green above RM1 by end of March ..... i really don't know but hope so as most people are sitting in a pool of losses. Have to wait and see if they are able to finalize the Agreement and commence on the delivery of the 3.79 billion sand project. Many people are currently having doubts about this project.

@bullmarket0928 When will issue warrant ?

The entitlement date will be fix after EGM, to be convened.

Things to look forward to.

1. Commencement of 3.79 billion sand contract
2. Private and institutional investor's interest
3. Merger and acquisitions
4. Bonus issue of free warrants
5. Upgrade to KLSE Main Board
6. Payment of Dividends

Waiting for the above to materialise and bring the price back to all time high.

See Jovin in his last article still have his target price of rm3, said Chia is a sincere, honorable, trustworthy and kind hearted guy who will walk the extra mile to keep his words. Therefore, the current price will be cheap once he deliver on his promises.

Moving up and turning green.

The current price is only 8.6c pre-consolidation. Not high. Why so difficult to go up ?

Haha. Good strategy.

@Kingoreng. So far, I have to agree with you on this. Owner talks a lot but no action, just hoping for retailers to support. This is unlike other counters which has good news.

Market up by so many points but Vivo still down.

Why Onggal suddenly so bullish, asking people to collect

This could just be a game changer for Vivocom, if the contract is finalised and exportation commences.

"The sand exportation will commence by end-March pending the finalisation of the contract’s administrative issues"

For those who believe what Chia said above, might be worth a bet holding on as end March is not too far away.

According to the owner "This sand contract is real and genuine", noting that the market for sand export is huge and it is expected to fuel the group’s growth in the next several years. Also, the sand exportation will commence by end-March pending the finalisation of the contract’s administrative issues.

He also noted that "he has received interest from potential private and institutional investors and has explained his three-year self-imposed moratorium against disposing of personal shares in the company and the six-month moratorium requirement.

If the above comes true, the price should be heading north soon, perhaps breaking the recent high of RM1.23 ?

Nobody trust Dato Seri Chia when he said the shares are worth much more than this ?

What happened to the confidence in this counter ? Why so many sellers ?

The son is stronger than the mother. Looks like people are buying into the future potential at a lower entry costs.

Price moving. Is owner buying it himself or just small retail playing into the news ?

Not good to create panic unless it is true.

@greedy44444 Bursa is investigating its big boss for share manipulation...runnnnn !!!

Investors should be happy as the owner mentioned that the future share price is worth much more than the current price. Possibly after this article, he would take action and buy up RM50 million worth of shares at current price and make the announcement thereafter. This will bring back much required confidence and drive the share price upwards. There is actually no risks to him losing money. So far, there has not been a single announcement on any new shares bought by the new owner. Maybe will happen soon, this afternoon or next week ?

Another re-assuring article from the owner. Does this mean that the price will go up ?

https://klse.i3investor.com/blogs/covidtrader/2021-02-28-story-h1541943430-Vivocom_LIMIT_UP_explosion_Last_call_anything_below_RM1_28_Sapu_lar_kao.jsp

Anyone who bought into this earlier article dies kau kau now, waiting for rebound or already cut loss.

Simple logic. The owner must have the balls to take it up and stay strong to give confidence to its followers, not just waiting for people to throw down. That's all its needed to bring the counter back to its all time high.

Hopefully it can closed green today as it has been closing red almost every Friday that it has become predictable.

Nobody trust the new Dato Seri owner ? After his appearance with strong assurance, the stock price keeps coming down.