As I mentioned earlier and many times.
Why the sudden drastic move of 10:1?
No joke, when Rm1.00 counter, normal retailers would not want to participate and play.
Unless got ultra big announcement that this company is moving towards 'Gloves'! Or any other Big announcement.
If tak da than please make your own assumption.

We'll never know on how the price is going to close before 10:1 consolidation.
Maybe can kena goreng up or down.
This is the risk and luck you'll need with this counter.
If bought @ 0.02, no need to worry lah. Just keep it aside and watch the game only.
Those holding for donkey years cannot sell is definitely a waiting game but nothing to loose also at present price (because already loosing a lot).
Those whom bought @ 0.04-0.055 and still holding....see how luck is.

Quite sure many have been monitoring or playing our top 20 small cap this year.
Many already flied high and many over here would have made some money playing/investing.
But have you seen Vivocom flying even when volume is in top 10?
Why?

If bought around 0.015-0.02 than still can wait and see for consolidation game.
The Big Question.
What was the reason by the management and New Director onboard doing a drastic consolidation 10:1?
If any closing after exercise 0.30/ 0.40/0.50 it's not a Retailers playing area.
So Why?

Ha. Ha. Game On.
Maybe Win, Maybe 'Masuk balik Cave'
This is Vivocom.
Welcome to Shark's Play with this counter as
'Darth' mentioned for years.
No solid backup by the management and Director on which direction company moving than can say bye-bye!

No one has a clear picture on what's exactly happening with this company.
1) New Director/shareholder in.
2) Drastic consolidation 1:10
Wait & See Game.
Win or Loose if onboard.
(If after consolidating, announce company moving into glove manufacturing, than most likely win lah)
From Rm0.70/1.00 can be Rm2.00-5.00 within days.
If no good announcement than kena lanyak again lah masuk 'The Cave!'
Can forget about construction announcement if they actually do. How long want to be 'Middleman' keep taking a cut?

Ha. Ha. Ha. AGM/EGM without fail every year in Sarawak. Ali resolutions are always approved.
Who do you'll think holding the bulk of the shares that any resolution cannot be approved?

Anyway, this company wasn't a full fledged in construction. They were more of a middleman with contacts.
Getting the contracts than leasing out to the real builders.
All in all, it was about getting a cut to make money.

newbie5354. It's really difficult to say what or where exactly is the company's income is going to come in the future.
The company ventured into construction 5 years back when the WIP housing scheme was at the peak. Initially they had in total around 3B worth of order books.
This was the reason why the price flied.
Thereafter, slowly some of the orders got cancelled, delayed and every investor whom got caught was waiting for the balance of receivables with whatever projects were going on.
But as fast as the price went up, it also crashed like shit.
When order books were filling, Directors come out promoting.
When price diving and dived, Directors all 'Hilamg' .
That's the brief story about this company's venture and manipulation in the construction industry.

For now.. 'Katun punya kaunter'!
It's like watching a cartoon.
With the consolidation, ex date price closing and if any new announcements after the excercise and so on....
It's a wait and see game.
Either you win or loose out.

With Covid-19 still around, forget about the construction industry.
In the first place, why is our construction industry expanding like nobody's business for the past decade?
All Bursa Construction Companies like 'King'.
In the actual fact, the housing prices in our country has been marked up so much by these companies, they have reaped profits beyond what they need.
Who's buying and making an artificial inflated price on the property market in Malaysia?
The Non-Malays especially the Chinese.
Is this sustainable in today's world and situation?

Even if it closes @ 0.07 on ex-date.
New price @ 0.70.
This is not even a playground for any retailers anymore.
So, what's up with the management?
This is something a wait and see game if have the heart playing/keeping or accumulating this stock.
Sharks already know.
If trap than all kena lanyak.
If not than something new is really brewing.

Something to ponder.
If this is a trap or what?
The 1:10 consolidation is such a drastic move by the management. Why?
Just say, in coming quarters if there's a continuation of good profits and order books than closing @ 0.10 wouldn't be a big deal with the 6 Billion shares issued.
Even after consolidating it will be at Rm1.00
(Not a big deal because shares already consolidated)
But @ Rm1.00, (after consolidation) would any/many retailers wants to play with this counter?
So, why did the management take this drastic exercise?
Unless their prepared to see Vivocom to be something exclusive in the near future.

After share consolidation.
From 6 Billion plus to 600 Million Plus.
Thereafter, what's going to move the company price up will be their performance.
No more Sharks play.
Whether how the company is going to progress is a wait and see game if anything Big coming in.
Sharks already know what's in the pipeline.

Yes, be careful. If bought earlier than you have a chance to keep and play.
Not sure what's the real plan after consolidation.
If ex date 0.07 than new price is 0.70.
What happens to WE if ex date mother closes @ 0.07 (new price 0.70), exercise price @ 0.50?
So, you can exercise your WE cheaper than buying the mother share @ 0.70.
That means holding WE will be a premium for the above scenario.
So, will it be wise for the mother share to close above 0.50 (ex date)?
Correct me if the new exercise for WE is @ 0.50 after ex date and the above is correct?

Thanks Bro/Sis for the update.

Just to get a clearer picture.
Just say if ex-date price is 0.05.
New price for mother share after consolidating will be 0.50.
WE exercise will be revised from 0.05 to 0.50, 1:1
Correct?
Just say WE, closes @ 0.03 ex-date.
New price will be 0.30.
So, to convert to mother share, I need to top up the balance 0.20/share correct?
Anyone can contribute.
Thanks.

IronShirt. I'm humbled with your statement.
Not perfect but it's always nice to learn from others.

Thanks for the update.

Please correct me, if the above equation is not correct.

A bit of exciting news for WE holders.
Exercise price. 0.05
Conversion. 1:1
Just say ex date mother price. 0.03
Consolidation 1:10
New price is 0.30
Relatively WE price should be 0.25 after consolidating.

So, what's the exact motive of the 10:1 consolidation exercise was for by the company?
Why need to be so secretive unless inviting Speculation.
Anyone over here can contribute to what I've said and asked.
I may be wrong.

Let's make an overview on what's going to happen.
Closing price, on ex-date. 0.05.
New price will be 0.50/share after ex.
High?
Let's say it closes @ 0.10
Than your new share price is Rm1.00/share ex.
But, your shares are all consolidated and no more easy to manipulate or simply to sell to bring down the price from there onwards.
Question is, can the price after ex be maintained or improved?

Must understand. It's not going to be easy for this share to move up back to above 0.30 with 5-6 Bill ishares issued after all the bonuses and RI.
Bulk of shares now are also with the management/Cronies/Sharks.
They're also stuck for years.

10:1 is a very drastic move for a consolidation exercise by the management.
Unless they have something solid which their going to show in the future after the exercise.
If not game on play/buy-sell/manipulate.

This company has got nothing to show besides their 6 Billion shares issued.
Bulk of it is with the Company Directors and they cannot sell.
They have their Sharks on how to move and dispose towards the not knowing Retailers.
You'll want to buy than know how to play and Tanam these Directors in their own game.

This 'Huat-Hust-Huat' thing over here I've been listening for the past 1-2 years,
Than got rediculous TP like until Rm1.00.
Hello, please be reasonable lah,
You got 6 Billion shares issued.
This one memang need Sharks to play.
So, follow the tide. Let them play and whomever wants to jump in, feel free to gamble.

This counter, kena ikut time.
I'm stuck here for a very long time. So, it's my frustration on what has happened and what I wanted to post about it over here.
(Didn't ask anyone to follow but free to comment and criticise)
If the current situation permits for this counter to go up (Shark kah or real Order Books kah), I will take it.
Who don't want, please tell me?
I just cut my losses and make something instead of nothing @ 0.01-9.015!
I'm not even looking at 0.30 kah or Rm1.00 like some over here promoting.
If touch 0.10-0.30 in the short/mid term already happy to get something back after 4 years.
Hah!

Useless. Since you've wasted your time and energy digging and wanted to expose my postings which will not make any sense if don't know what's really happening with this counter,
I need to thank you for following what I've been posting all these while.
Thanks Useless.

Slc1. It doesn't hurt at all.
I've already moved forward.
What I have, if goes up, it's a bonus for me.
If doesn't, I still move.

Sic1, please share how you make money from investing in our Bursa Malaysia?
How much have you made compared to at least 6% earning or better from EPF?

Sic1, than buy Vivocom in Tons and keep the shares like Maybank/TNB for generations lah.

Sic1, yes, I'm a 5 year old.
At least trying to help others to move forward.

Your 2500.00 if kept in EPF for one year with lucky 6% return, you only have made
Rm150.00.
Guys, please correct me, if I gave the wrong equation.

Just say, you bought Vivocom @ 0.025.
100k units. Cost is Rm2500.00
Went up to 0.04.
Your 100k units today is Rm4000.00.
If you have bought and sold...
You would have made Rm1500.00
Please calculate your returns from this Investment/gambling when comparing if you would of left this Rm2500.00 in the EPF for 1 year with 6% returns.

Change on how to use your money the best.
Keep a benchmark that if you earn better than what the EPF gives in a year than you win!
It can happen within a month if you're lucky.
But what's hard is preserving your earnings and moving on towards your next Investment.

Top 20 daily trading, Always or almost few hundred million shares.
Almost all 2nd liners without any backbone.
But Our Retailers are always excited to gamble and play with these shares to make a quick Buck in the shortest term.
Wow! Great improvement for your future!

Anyway, our Bursa Malaysia's 2nd liners, has been the stupidest board created in today's world.
Make Retailers become Stupid by playing/gambling instead of teaching how to invest and make proper Investment!

sting79, I'm quite sure the last RI the Company Directors and their Sharks bought up and stuck with it.
In other words they bought up their own Rights Issue after eating up up All the Retailers.
Today trying to offload!

This one, everyone if want, need to go dig and find out.
3-4 years ago, when price hit around 0.35-0.40 must also consider the number of shares which was issued at that time also the Order Books they claimed to have making price to go up.
Today, after so many so called RI/Bonus issues,
the number of shares has multiplied towards around 6 Bill.
So, it's not going to be easy going back to 0.35-0.40 again unless some Super Hero backdoor catalyst Pops up.

Darth. Have said enough of this counter for the past 3-4 years.
As I've said many times before this too...
This company, if no Order Books or Profit to show or Akan Datang with both, than play lah with the Sharks!
If bought @ 0.02-0.03 than go up to 0.20 than some will say...'I told you so, to buy earlier'.
If bought @ 0.04-0.05, than go down back to 0.015, people will also say 'I told you so, not to play this counter'.
Ha. Ha. Play This counter, macam-macam punya expert come over.

People get the wrong impression what the whole consolidation process is all about.
It all depends how much money this company is going to redistribute back to their shareholders.
If not than there's no point of consolidation!

Your Money.
You Win or The Sharks.
If Game on, than Beat Them if you can.

If this counter is going to get 'Gorenged'.
No one will ever know how high it can go.
Neither will anyone know if it's a trap.
So, please be happy playing/investing this counter.
It's really a Thrill.

Ha. Ha. Ha. Welcome to the World of Speculation Investment.
Keep posting who's right & wrong.

This counter today, anything can happen.
Yes, dormant for a very long time.
It can be a trap or the Sharks have started to replay. No point to speculate which way it's going to go.
Long time stuck holders, it's just about offloading at whatever price feel comfortable.
New comers, it's always a choice on how want to play at the moment.
There's no guarantee when playing/buying penny stocks. It's the risk which you want to take.
If you're at the right time at the right penny stocks, you'll be lucky.
If not burn.

Yes. I was always for it if this company can consolidate it's shares.
6 Billion is too huge to make a move forward.

Nothing wrong for this company price to go up today. If it's going to go up, be it 'Goreng' or better still with good order books,
It's always a welcomed news.
Those whom were stuck for a long time, some light at the end of the tunnel if it happens.
Those newly jumping in, I'm quite sure you'll know what type counter you're playing.

I mean EPF returns.

The above return is only a simple calculation of your monies returned compared to the highest return our Country is giving back.