yes, let us now focus on share investment.

if only i3investor can block ip address of a those skunk then this wont be happen.

why they dont adopt laddering strategy, its the perfect method for large share number company..

should be next monday or tuesday..

myview, you always have our support...hopefully its peaceful here...

hopefully seller has reduced tremendously for vivocom after recent flush

no ktsk88

fingers crossed. most important is the closing price.

Dell888, do you still have position in vivocom?

Lets look at today's closing price. If up then we know that the price is artificially press down to flush seller so that they can push through 0.3 easily.

Hi 3emwe

Hi vivofan, nice name

how is it going dell888

yeah...at least is peaceful over here...

hopefully ktsk888 & the rest i here as well

hi 3EMWE

im so confusing now, or perhaps you should change name to vivofan?

hi instafan, are you the original??

dear all genuine investor, can we move vivocom conversion to vivicom wb forum??

yeah....crazy

glad that someone is hearing to swift here

hi richard

dear all genuine investor, can we move vivocom conversion to vivicom wb forum??

hello skunk, we are talking about syf 0.7 la...brain damage

today end of day price is crucial to judge

judging by the volume. Its game on for nihsin!!! GOGOGO

if this is the best way to do it, then better dont subscribe to Private Placement share, which is more expensive.

ktsk88, usually they wont hold more than 5% in 1 person name. They will split into a few name to avoid detection by the market.

cheers myview. lets see what the share price will be by end of february of first week of march. Its a date for us.

Thumbs up for you myview!!

additional RM230mn for Phase 5 of the said project.

This means Vivocom Group has potentially secured projects amounting to RM1.167billion (bn) to date, including RM726.8mn from CRCC Malaysia.

These projects, together with the company’s current order book are expected to give strong earnings visibility until end-2017 and beyond. Vivocom currently has a project pipeline estimated at RM2.4bn.

When asked about its working relationship with CRCC Malaysia, Choo replies that the partnership with CRCC was formed over the successful rescue of projects given by CRCC.

“CRCC was comforted with our project delivery overtime and, hence, have conferred us preferred contractor status,” Choo says.

“In 2016, our construction business is expected to contribute about 70% to 75% of the Group’s revenue, whilst the remaining 25% to 30% will be provided by the aluminum fabrication business and the telco business,” he adds.

“Bulk of the profits is expected to come from the construction business in view of the sheer size and value of the projects being executed,” he emphasises.

Excellent Buying Opportunity!

Back to Vivocom’s share price. CIMB Research has described the current share price of Instacom as an “EXCELLENT BUYING OPPORTUNITY”.

“Investors should take advantage of the current price weakness to accumulate Instacom shares. We continue to believe that Instacom is a direct proxy for increasing Chinese FDI in Malaysia,” says the research house.

CIMB has a target price of 67 sen per share for Vivocom, giving rise to potential upside of double and beyond the current level of approximately 30 sen.

“We forecast a whopping FY15-17F FD EPS CAGR of 437%, underpinned by the RM2.0bn in outstanding construction billings, as well as additional contract wins in 2016, which we estimate at RM3bn,” says CIMB.

“We believe that Instacom has massive P/E re-rating potential, given its large valuation gap with its construction peers. It still trades at FY17 FD P/E of 4.6x, at a massive 66% discount to the sector average FY17 P/E of 13.5x.

“The recent sale of Edra Global Energy to China General Nuclear Power Corporation (CGN), the Chinese government’s interest to bid for the 486-acre Bandar Malaysia development (Editor’s note: This has since materialised) and the High-Speed Rail project has ignited interest in proxy plays for increasing Chinese investment in Malaysia.

“We see Vivocom (Instacom) as a prime beneficiary of this emerging investment theme,” emphasises CIMB.

With a slew of projects in its bag and more to come, it does look like the sky’s indeed the limit for Vivocom.

Vivocom transforms into a force to be reckoned with in the construction industry in the last few months

Over the past few months, one particular counter has captured the imagination of the investing public.

It’s a phenomenon rarely seen on Bursa Malaysia, as the company transformed into the biggest ACE counter in Malaysia, with trading in its stock enjoying high and sustainable liquidity and consistently within the stock exchange’s most active counters on a daily basis.

That counter is none other than Vivocom Intl Holdings Berhad (Bursa Malaysia stock code: 0069), formerly known as Instacom Group Berhad.

Traders and investors have been buying heavily into this stock as a sign of confidence coupled with the company’s exciting future growth prospects and bright potential.

Even Brahmal Vasudevan, founder and chief executive officer (CEO) of private equity firm Creador Sdn Bhd, has reportedly emerged as one of the investors who took up shares in a private placement by acquiring a 2% stake in his personal capacity.

The company’s stock has been covered by CIMB, which released an analyst report dated 30 November 2015 with an “Add” rating and a target price of 67 sen per share. The report was entitled “Instacom Group: Proxy play for Chinese FDI in Malaysia”.

In an ensuing note dated 6 December, CIMB added that “investors should take advantage of the current share price weakness to accumulate Instacom shares” as they present an “excellent buying opportunity.” (more to come below)

On 21 January, MayBank Retail Research also gave coverage to Instacom, concluding: “When one looks at the FY17 valuation, it is attractive at a PER of 3.1x. For now, positive news flow and continuous job wins will help to draw interest to the stock.”

A few days later, MIDF was the latest research house to highlight the company’s bright prospects, giving Vivocom a target price per share of 59 sen. (see sidebar story)

At its current level of 30 sen, that’s potentially huge capital appreciation that investors could potentially look forward to!

So why is there so much optimism within the investment community about Vivocom?

Unleashing a Malaysian construction giant!

After numerous attempts, Business Today finally managed to secure an interview with Vivocom executive director Choo Seng Choon.

Choo is a Chartered Certified Accountant, a Chartered Member of the Institute of Internal Auditors and an internal auditor certified by the Institute of Internal Auditors, USA. He has more than 20 years of professional and management experience in varied industries, including construction, property development, timber, mining, media and entertainment, hotel & golf club management, e-commerce, manufacturing, trading, services, expressway and toll operations, aviation, and oil and gas exploration.

It was late in the night as Choo has had a busy schedule over the last few months with constant requests from some of the country and region’s top fund managers and institutional investors to provide updates on the company.

For a start, Vivocom has a strategic relationship with CRCC Malaysia, a subsidiary of China’s construction behemoth China Railway Construction Corporation Ltd, Choo explains.

“Vivocom is also CRCC’s in-house contractor, as well as its Project Delivery Partner in Malaysia,” he adds.

According to its website, CRCC is “one of the world’s largest integrated construction groups, ranking 79th among the Fortune Global 500, and 6th among China’s Top 500 Enterprises, as well as 1st among ENR’s Top 250 Global Contractors in 2013. It is the largest engineering contractor in China.”

“The critical success factors in Vivocom’s contract wins are our strategic relationships fostered and the ability to deliver projects on time,” Choo says.

“Our CEO Dato’ Seri Dr Yeoh Seong Mok was instrumental in securing various projects. There will be more to come and Vivocom is looking forward to delivering stronger and better financial performance ahead.”

Dato’ Seri Dr Yeoh is a Project Management Professional (PMP) certified by Project Management Institute (PMI), USA, and he graduated with a Bachelor’s degree in Construction Management from the University of Greenwich and holds a Master of Science in Engineering Business Management from the University of Warwick. He received his Doctorate in Business Administration (DBA) from the University of Greenwich and PhD in Project Management from University of Honolulu. Dr. Yeoh also has the Bachelor of Laws (LLB) from the University of London.HSR3 - BToday inside page

Project Pipeline of RM2.4 billion and still growing!

Vivocom’s recently awarded notable projects include a RM116 million (mn) project in Gombak and two projects totaling RM378mn related to the 1Gateway project in Klang and 1Pavilion Hilltop in Mont Kiara, Kuala Lumpur.

In late January 2016, the company also won a project totaling RM240mn from Coneff Corporation for Desa Tasek in Sg Besi, and this was followed by a Heads of Agreement for an a

Stock drop dractically but why still got news to cover and promote the company?? Could this be articial sell down?? Only time will tell.

http://sme.org.my/2016/02/17/a-construction-giant-in-the-making/

ya dell888, i totally agree with your view. The profit is achievable as this is the first year of transition into new entity, after 1 year then might not know.

Not overly bullish. For your info, china is investing in a big way into malaysia, so that they can secure the main shipping line which is the strait of melaka. That is the reason why china want to be influential in malaysia. Imagine that there is a shortage of sugar, rice or oil or other commodity in china, their citizen/country will be in chaos.

Dell888, my info also same, profit for this going to announce quarter is about 10-12 millions. For your info, midf & cimb target price is based on year 2017&2018 projection.

exactly dell888. Thats why a drastic or intense shake out is definite in order to flush out those stubborn player who sell whenever the operator want to push up the price to 0.30. i dont encourage contra trade for vivocom. Buy a hold for 1-2 quarters.

thanks for the target dividendenshark, hope it can reach 0.05 for wb

congrat skunk im buying vivocom wb.

yes. I also hope can collect at 0.10

start to collect at this price. fundamentally nothing wrong with this company. CRCC will own finance the project, NOT Government finance the project!!! There is no delay or what so ever. This shake out is necessary if not vivocom will find it hard to push through 0.30. Im confident that this quarter result announcement is satisfactory. Will buy in 3 tranches.

Happy chinese new year!! For your info, foreign worker levy is paid by foreigner worker, not employee.

Cheers weewee22, im sure vivocom is doing the best as to regain investor confident for the new business unit! As far as i know, its going to be exciting!

Its now officially vivocom! Lets forget the past and look for future!!

KUALA LUMPUR (Jan 26): Vivocom Enterprise Sdn Bhd (VESB), a unit of Vivocom International Holdings Bhd (formerly Instacom Group Bhd), will be the main contractor for the construction of a residential development here dubbed 'Phase 5 Desa Tasik', for a contract value of RM230 million.

The development comprises 24 storeys of affordable homes, seven storeys of podium car park, and one storey of common facility, on a piece of vacant land that belongs to the city council, Dewan Bandaraya Kuala Lumpur.Categories: Latest NewsCorporate

Finally Wednesday is just a day away! A New chapter is about to release.

Maiden RM240m award for 2016
First award of RM240m in ■ 2016 – a mixed development building job.
■ Expect positive newsflow in the coming months as Instacom finalises more LoAs
■ Winning of mega rail jobs in Malaysia by CRCC presents huge potential for
Instacom
■ We maintain our Add rating with an unchanged SOP-based target price of RM0.67.
■ Potential catalysts are new contract wins from CRCC and promotion to Main Board.
Announces maiden RM240m contract
Instacom announced a contract win of RM240m from Coneff Corporation S/B to build
two blocks of commercial towers in Desa Tasik, Sg Besi, Kuala Lumpur. The towers
comprise service apartments, two storeys of retail units, one storey of recreational
centre and seven storeys of car parks.
Who is Coneff Corporation?
Coneff is a private developer that was formed to jointly develop the Desa Tasik Project
with Dewan Bandaraya Kuala Lumpur (DBKL) since 1989. The letter of award to
Instacom states that the project commences from 8 Mar 2016 for 45 months.
Maiden win in 2016
This RM240m is the first contract win in 2016 for Instacom and forms part of the RM3bn
in our new orderbook assumption for FY16. We view this newsflow positively and
understand that Instacom is also in the process of finalising a few letters of award for
new contracts over the coming months.
Rail excitement?
Recent media news headlines have focused on big-ticket rail projects, for which we
believe Instacom could be a huge beneficiary. The two projects are 1) RM8bn Gemas-
JB double track and 2) RM5bn Mentaka-Kuantan double track. China Railway
Construction Corporation (CRCC) is reportedly a strong front-runner for these projects.
Instacom, as CRCC’s preferred subcontractor, is therefore positioned well to be a prime
beneficiary of these rail awards.
Still undiscovered, with large re-rating potential
We believe that Instacom has considerable P/E re-rating potential, given its large
valuation gap with its construction peers. It still trades at a FY17F FD P/E of 4.3x, a
substantial 68% discount to the sector average FY17F P/E of 13.5x. We think that this is
unjustified, given its estimated FY15-17F EPS CAGR of 437%.
Maintain Add
We maintain our Add rating with potential share price catalysts being newsflow of
contract wins from CRCC throughout 2016 and possible upgrade to the Main Board of
Bursa Malaysia.

great buying opportunity. Money need to invest, actual inflation in malaysia is around 5-7%

Pls la people!! Just ignore the daily price and keep till end of 2016 and you will be rewarded handsomely!!