VIVOCOM: INTRINSIC VALUE

https://klse.i3investor.com/blogs/see/2021-03-01-story-h1541949255-VIVOCOM_INTRINSIC_VALUE.jsp

VIVOCOM: V形反弹

https://klse.i3investor.com/blogs/see/2020-12-05-story-h1537420102.jsp

VIVOCOM: V-SHAPE RECOVERY, REBOUND, RESURGENCE

https://klse.i3investor.com/blogs/see/2020-12-05-story-h1537419911-VIVOCOM_V_SHAPE_RECOVERY_REBOUND_RESURGENCE.jsp

Vivocom’s Steady and Calm Rally to RM1.12 Today. Will It Surge to Break RM1.22 Soon?

https://klse.i3investor.com/blogs/see/2020-12-02-story-h1537382525-Vivocom_s_Steady_and_Calm_Rally_to_RM1_12_Today_Will_It_Surge_to_Break_.jsp

VIVOCOM: Lunch Time Report (2 Dec 2020)

https://klse.i3investor.com/blogs/see/2020-12-02-story-h1537360327-Vivocom_Steady_and_Calm_Yet_Solidly_Surely_Rally_Surging_Towards_RM1_12.jsp

Vivocom: The SuperBull targeting to conquer RM2.00 again

https://klse.i3investor.com/blogs/see/2020-12-01-story-h1537353824-Vivocom_The_SuperBull_targeting_to_conquer_RM2_00_again.jsp

VIVOCOM: End of Day Report (30 Nov 2020)

https://klse.i3investor.com/blogs/see/2020-11-30-story-h1537328838-VIVOCOM_End_of_Day_Report_30_Nov_2020.jsp

VIVOCOM: End of Day Report (27 Nov 2020)

https://klse.i3investor.com/blogs/see/2020-11-27-story-h1537294983-VIVOCOM_End_of_Day_Report_27_Nov_2020.jsp

Vivocom: Lunch Time Report (27 Nov 2020)

https://klse.i3investor.com/blogs/see/2020-11-27-story-h1536646458-Vivocom_Lunch_Time_Report_27_Nov_2020.jsp

26 Nov 2020
Vivocom: End of Day Report

Close RM0.805 with 406.1M volume

What a turnaround today was for Vivocom’s shares. The share price closed down by 5c. Yet it was the V-shape classical recovery that had the market taken by surprise and everyone gobsmacked with the astonishing flip flop in market reaction.

Yes the market can be so fickle and ruthless. But today’s Vivocom’s reversal in fortunes was something else altogether especially when the market was awashed with doomsayers: that Vivocom had reached a point of no return.

After two Limit Downs with the third day a circuit breaker at RM0.855, with not a single buyer in Q, today’s buy up rate was an impressive and comforting 45% n 54% for the morning and afternoon sessions respectively. There was even a brief period of panic buying.

Here are today’s highlights :

1. Buying sizzling on 15 min and daily candle !!! What is that? Let study and learn together

2. The meaning of buying sizzling, big hefty Q of sellers was well absorbed during panic selling by investors and position traders, the volume reached a historical high and relative to the last trading session was enormous n most impressively, with an opening price gap down of 16pips followed by a tight trading range, the closing price on par with opening price or higher than opening price was a sign of extreme bullishness in the days ahead.

3. This showed that the overall market is indeed very confident & secured that for Vivocom, the worst has truly bottomed.

4. In morning section with buying sizzling vivid forming on the 15 min candle, it was very solid signal of reversal up candle, which happened right after trading above the 15 min candle high at RM0.73. Another strong indication on today’s 15 min chart which showed the share possibly trending higher at RM0.835 (pic1).

5. Today’s daily candle was a mirror 1st 15 min trading candle ! Total 406.1M volume traded at the 20 cent trading range with green candle ! satisfying all buying sizzling criteria, signalling that the market is overawed with confidence that buying interests from investors and position traders is massive & humongous.

6. The candle closed above 23.6% of today trading range (pic 2) I am confident that VIVOCOM has reached rock bottom already and from tomorrow onward will trade at 50% above today trading range with a hefty uptrend bias

7. My target price projection for tmrw based on Fibonacci is RM0.930/RM1.07/RM1.21

8. My immediate support is RM0.780/RM0.730/RM0.700

9. My immediate resistance is RM0.855/RM0.900/RM1.00

To sum up I would like to add to the above 9 points by reiterating that the panic and force selling is by and large over, finito. Today’s trading activities have ushered a most compelling case of a classical key-reversal of prices in Vivocom.

Such classical key-reversal chart configuration is a very powerful chart signal that confirms that the downward cycle is over and it marks the start of a new trend or cycle which is upwards.

We can look forward to better trading days ahead for Vivocom n dare I say the Bulls shall ARISE again stronger, steadier, more stable and sustainable.

Remember the first week of November when it soared from RM0.48/RM0.75/RM0.88/RM0.98/RM1.19 and finally closed at RM1.00. Just spend a moment reflecting on that. Is the Recovery replicating the same pattern, only time will tell.

Together we are strong. Divided we are weak!





P/S: I have made my trading calls in the past based solely on TA and will continue to do so.

Whatever projections any technical analysts makes can turn out to be absolutely right and it too can also be totally wrong.

I make no apologies.

I am not GOD, and as such, please do not ever refer to me as god. Greatly appreciated.

Stock trading is risk-taking!

If you can’t take risk, it would be best if you don’t trade at all.

26 Nov 2020
Vivocom: lunch time report

Morning Session Vivocom closed RM0.715 with 292.1M volume.

I know many of you must be wondering what happened to Vivocom shares the past three days. I’m just as lost n baffled as each and everyone of you. However I prefer to look ahead and not dwell on the past.

So I’m now looking forward and ahead just by looking at the technicals and the technicals are screaming: V-Shape V-Shape Recovery.

Here are today’s highlights:

1) Opened gap down 15.5 cents ! Trading range 9 cents with volume traded 100 million shares ! This is a sign of key reversal candle(anchor bar) clearly formed.

2) Price started to move above the anchor bar RM0.730 around 10am and gave us second affirmation the worst is over and that a new baseline price has been reset above RM0.640.

3)The high was set at RM0.780 in the morning and retraced to RM0.695 which is a as healthy retracement.

I am looking forward the stock price trading sideways toward a steady recovery, with support levels at RM0.695/0.675/0.640 &
Immediate resistance at RM0.780/0.855/0.900.

The panic and force selling has definitely abated for now. So far the trading n volumes exchanged n confidence anew displayed confirmed that today is a case of a classical key-reversal of prices.

Please note that a classical key-reversal chart configuration is a very powerful chart signal that confirms that the downward cycle is over and it marks the start of a new trend or cycle which is upwards.

We can look forward to better trading days ahead for Vivocom n dare I say the Bulls shall ARISE!

Remember the first week of November when it soared from 48c/75c/88c/98c/1.19c and finally closed at RM1.00. Just spend a moment reflecting on that. Is the Recovery replicating the same pattern, only time will tell.

Together we are strong. Divided we are weak!

P/S: I have made my trading calls in the past based solely on TA and will continue to do so.

Whatever projections any technical analysts makes can turn out to be absolutely right and it too can also be totally wrong.

I make no apologies.

I am not GOD, and as such, please do not ever refer to me as god. Greatly appreciated.

Stock trading is risk-taking!

If you can’t take risk, it would be best if you don’t trade at all.

Vivocom’s Limit-Down

First of all, here are my humble observations for today.

Today’s sell down was purely a snowballing effect phenomena:
1. When Vivocom’s support was breached today at RM1.50 due to T2 force selling, all hell broke loose because of one simple overriding reason called fear.
2. Rumours of Vivocom being a pump and dump play becoming self-fulfilling due to snowballing effect again of fear creating mass panic selling.
3. As I have touched in my 21 Nov 2020 article: I talked about trust and belief.
4. When everybody does not have trust, this becomes an impossible scenario because with a little bit of shake down, investors start to panic sell due to herd mentality.
5. When more and more investors start selling, the snowballing effect took hold eventually causing a panic selling leading to a limit-down.
6. When Vivocom touched limit-down, it rebounded, but the rebound was unfortunately short-lived, again due to the same reason: fear.

Today closed at limit-down, I took time to read through my analyses since 6 Nov 2020 to self-check.

My conclusion is: I stand firmly by my analyses.

I might need to revise my target price, but I stand firmly by my investment thesis: as long as the moratorium of shares is in place, I still think this is a winner. Simply a function of supply and demand in a calm environment.

Yes, the demand has in all likelihood diminished, with confidence and trust shaken but given time, the confidence shall return and we will see the share price surge again due simply to demand exceeding limited supply.

Today supply didn’t overwhelm demand. But panic selling took hold and demand just calmly absorbed all selling at lower n lower levels until Limit Down. Even at limit-down day, the buy up rate was at 41.5%

In closing I urge CALM, and let’s look at the technical side: daily chart shows immediate support at RM1.20; RM1.00; RM0.75

The bulls are still around collecting, regrouping, recalibrating and resetting price expectations till it’s time to rise again. Staying power is critical in a scenario such a today.

Time needed to analyse and investigate the reason for today's drop. Will issue report later by midnight

23 Nov 2020
Vivocom: lunch time report

Vivocom opened gapped up at 1.79 to reach as high as RM1.82 before coming back down to RM1.74. This showed that Vivocom is still in consolidation phase.

Taking into consideration that today is T+2 for short-term players, this is indeed healthy and quite normal in a consolidation mode.

As seen on the daily chart, the support is forming at around RM1.70/1.75 trading region.

From my technical analysis, indicators show that short term selling is drying up with medium-term uptrend still intact.

In my opinion, I do not think that Vivocom will trade below RM1.70 as traders will protect this level faithfully.

So what does this mean for Vivocom in the coming days? It means that we could see Vivocom regrouping in RM1.70/1.85 price range before launching to soar higher. Bear in mind Vivocom’s average trading range or ATR is 15/20 pips.

At the moment, the general market sentiment is slightly dampened as traders are pricing in a potential rejection of Budget 2021 by the Parliament. Should the budget be rejected, the downside is limited as it is already within expectation.

However, should the budget be approved, it could serve as a potential catalyst that jolts the market back to life. Positive general market sentiment will allow Vivocom to test the previous high: RM2.05

VIVOCOM: FORECAST (23-27 NOV 2020)

https://klse.i3investor.com/blogs/see/2020-11-21-story-h1536550326-VIVOCOM_FORECAST_23_27_NOV_2020.jsp

20 Nov 2020
Vivocom: end of day report

Vivocom rebounded from its intraday low of RM1.69 to close at RM1.74, down 9.4% from yesterday.

Active trading puts Vivocom the #6 most actively traded counter in terms of value today.

In fact, Vivocom was top twenty most actively traded counter in terms of value for 9 out of the past 10 trading days, and top ten for 16 out of the past 20 days.

This confirmed my research published on 19 Nov 2020, indicating that interests in Vivocom remains incredibly high and liquidity is plentiful.

With high interests and liquidity comes tight spread, fierce competition and volatility.

Volatility is part and parcel of the game. Like I have previously mentioned: the market is always right.

The market is saying something right now whereby a pattern is emerging from the past 3 weeks of trading in Vivocom’s shares.

Vivocom’s share price goes into slight retracement for every Friday for the past 3 weeks like a clockwork.

First Friday (6 Nov): 30 cents range, down 6.5%

Second Friday (13 Nov): 18 cents range, down 3.2%

Third Friday (20 Nov): 25 cents range, down 9.4%

After each retracement, the stock would rebound strongly and almost faithfully the following week without fail.

Perhaps the same will follow suit next week? We shall see then, won’t we.

I have mentioned this in my earlier afternoon report and I would like to do so again as it’s a most pertinent issue.

Whether Vivocom is another Pump & Dump (P&D) play as rumours swirl widely in the market alleging that it is and that its price is going to be dump soon like any P&D counter.

This has caused investors to rightly be nervous and anxious that the price might actually plummet soon and hence prompted many to sell and lock in their profits.

I beg to differ however. From my close monitoring and analysis on Vivocom's trade velocity and its recent’s announcement of a 3 year moratorium on the new owner’s shares, I’m very bullish about Vivocom’s share price.

The moratorium has essentially remove a big chunk of shares from the supply side. I estimated only 150 to 200 million shares in circulation n actively traded

Only ~150/200 million also not enough shares to meet the huge demand for Vivocom’s shares due to pure momentum trading.

Shares under moratorium how to dump la. The logic doesn’t make sense.

Given time, once the public know that Vivocom is not a P&D stock, it will shoot up like a rocket again.

Investors are new to the concept of self-imposed moratorium as it is unprecedented in KLSE.

Share price is all about demand vs supply. As illustrated in my research paper, we can see the demand for Vivocom’s share is HUGE and we are only in the third week of the rally.

When the supply is scarce and limited while the demand is so huge and overwhelming, the share price will only move in one direction, which is up.

Give Vivocom some time to prove itself to everybody.

Once investors see that Vivocom’s share price won’t collapse due to the limited supply of shares and huge demand for the shares, then they will buy into Vivocom’s shares, engendering the kind of unstoppable momentum that allows it to rocket back to prices at RM2.30, then RM3.00 and RM3.60.

At current price, the upside is more than 100% when the share price goes to RM3.60, while the support level is at RM1.70. The risk vs reward ratio is skewed favourably towards investors' side.

20 Nov 2020
Vivocom: lunchtime report

Today Vivocom closed the morning session at RM1.78, with 36.49 million shares traded.

There is some jitters surrounding the stock today but let’s review the score:

First week (2-6 Nov): RM0.50 to RM1.00, up 50c.

Second week (9-13 Nov): RM1.00 to RM1.50, up 50c.

Third week (16-20 Nov): RM1.50 to RM1.78, up 28c.

Despite the retracement that is happening today, we are still up 28c for the week.

Once again, I would like to highlight that previously the interests in Vivocom 2015-2016 lasted about 9 months, we are just in the third week.

The game is far from over. In fact, what my analysis tells me is that the game has just begun.

As I see it, presently market talk is that this Vivocom is another Pump & Dump play and very soon will the price will collapse. Naysayers and sceptics abound always.

This has caused investors to rightly be nervous and anxious that the price might plummet soon and hence prompted many to sell and lock in their profits.

I beg to differ however. From my close monitoring and analysis on Vivocom's trade velocity and its recent’s announcement of a 3 year moratorium on the new owner’s shares, I’m very bullish about Vivocom’s share price.

The moratorium has essentially remove a big chunk of shares from the supply side. I estimated only 150 to 200 million shares in circulation n actively traded

Only ~150/200 million also not enough shares to meet the huge demand for Vivocom’s shares due to pure momentum trading.

Shares under moratorium how to dump la. The logic doesn’t make sense.

Given time, once the public know that Vivocom is not a P&D stock, it will shoot up like a rocket back to prices at RM2.30, then RM3.00 and RM3.60.

KLSE needs a stock the public can trust and believe in.

19 Nov 2020
Vivocom: end of day report

As Warren Buffett famously said: It's only when the tide goes out that you learn who has been swimming naked.

It means when time is good, everything looks rosy, but when the time is bad, then you know if it is worth one’s salt.

Vivocom proved that today. Once again, bucking the trend and advanced to break RM2.00 for the first time today.

Despite not being able to stay above RM2.00, it has nevertheless set the stage for more powerful advances in the coming sessions.

No small feat, especially when KLCI is down 21 points (1.31%), with 462 counters up and 730 counters down.

In my publication today, whereby I upgraded the target price to RM3.60 by December 2020, in it I pointed out that big data analytics revealed that all eyes are on Vivocom now.

Interests in Vivocom’s shares have never been higher.

My gut feeling tells me that there are a lot of investors still standing on the sideline, not daring to jump in yet.

I would like to highlight something that these investors missed: you can make a lot of money from investing in an otherwise ordinary company when the momentum comes, and likewise, you can lose a lot of money from investing in good companies.

MYEG, one of my favourite champion counter. Their fundamental is as solid as it comes, yet, a lot of people lost money when the stock hit double limit-down.

People never thought BN would lose after 61 years in power, yet they lost. And after they lost, nobody expected BN would again return to power, yet, here they are.

In stock market, it is the same. It is not whether if the stock is good or bad. Fundamentally sound, high valuation or whatever you tell yourself to put yourself to sleep at night.

What TRULY matters is if the stock make you money.

I am saying that Vivocom has made a lot of people money. Likewise it can for you too. It’s pure and simple a momentum stock.

The present momentum for Vivocom shares is very simply a straight line of motion upwards, to perhaps RM3.60 and beyond, sooner rather than later

All you need is trust and believe.

VIVOCOM: TARGET PRICE UPGRADE

https://klse.i3investor.com/blogs/see/2020-11-19-story-h1536497542-VIVOCOM_TARGET_PRICE_UPGRADE.jsp

18 Nov 2020
Vivocom: end of day report

Vivocom closed the day at RM1.86, up 6c from yesterday with 33.41 million shares traded, and 54.8% buyers.

Something very interesting, yet within expectation happened from 4:27PM onwards: a huge group of traders came out to buy from RM1.82 all the way to RM1.86.

To zoom in further, of the 10.30 million shares traded in the afternoon, 5.08 million shares were traded in the last 33 minutes of closing, of which 4.28 million shares were buyers aggressively swooping shares up.

This makes the buy rate for last 33 minutes of today’s trading an incredible 84.22%!!!

This tells me traders are pricing in that consolidation is over and an imminent breakout is in the immediate offing.

In a KING MOMENTUM stock such as this, consolidation is often short and minor. We cannot use the usual and traditional metrics in analysing this stock.

Just look at Tesla, it is a USD418.60 billion company now trading at 875x P/E, but for a long and dreadful 15-years, it was a loss making company.

There is a lot of financial institutions and investors that comments Tesla is overpriced, forecasting a collapse in share price, and uncountable doom and gloom end of the world prediction. Yet, the share price now trades near its all-time high.

Why? Simply because investors LOVE Tesla stocks.

HUGE AND OVERWHELMING DEMAND vs scarce and limited supply for the shares.

My intuition tells me Vivocom IS the Tesla of Malaysia.

Momentum and FOMO will keep bring Vivocom’s share price higher and higher, shaking jittery investors and non-believers out along the way.

I wouldn’t be surprised at all if tomorrow the bulls charge towards breaking RM2.00 convincingly and set the stage to go to RM3.00.

18 Nov 2020
Vivocom: lunchtime report

Vivocom closed the morning session at RM1.83, up 3c from yesterday with 23.12 million shares traded, of which 51.6% of it is buyers.

Bucking the trend of the general market, whereby KLCI dropped by 0.56%, which 400 gainers, 699 losers and 428 no change, Vivocom’s share price remained strong and stable.

This shows just how unique persistent Vivocom’s Bull Run is turning out to be.

Vivocom is now forming a support line at around RM1.70 region when the share price traded as low as RM1.73 before rebounding.

This once again shows that traders think the fair price for Vivocom is around RM1.80 region

Bull is just taking a breather la. Bull also need to makan roti canai, minum teh tarik and take a smoke break at the rest stop.

The 15 minutes chart shows that we are in a consolidating triangle now.

Once this GOLDEN BULL is done resting, then we will see the stock breaking out of the consolidation and resume its uptrend once again.

VIVOCOM: OPINION PIECE (17 NOV 2020)

https://klse.i3investor.com/blogs/see/2020-11-18-story-h1536467686-VIVOCOM_OPINION_PIECE_17_NOV_2020.jsp

17 Nov 2020
Vivocom: end of day report

Today Vivocom closed at RM1.80 with volumes at 71.7M, down 15c from yesterday’s RM1.95.

I can hear some negativities abound and doubts starting to creep in.

Let’s therefore review the realities of this stock and view things from several perspectives so that we can arrive at a sensible and calm conclusion.

1. Vivocom has soared from RM0.45 to presently RM1.80, up an incredible 400%.

The price rally has taken prices up by only 400%. By normal major bull-run standards, the advances usually runs into 1,000% or more before a retracement occurs.

More importantly, the underlying strength or momentum is still very constructive

This bull is just taking a breather.

2. The technical setting is still bullish currently based on the Quantitative Algorithm and chart settings.

The QA is on strong bullish divergence and signalled that the main trend has the underlying strength to accelerate much further into fresh territories.

As a matter of fact, the technical indicators are showing that the bullish cycle is still In its infancy and has the momentum to trend much higher.

Volume yesterday was at 110.64M units. Considered to be small in a limit-up move.

This is technically a healthy setting, that suggests that people who sold today took profits and fresh positive cash flow has entered into the stock. This actions are considered to be positive as it helps to avoid an overbought or top-heavy scenarios. Thus creating a clear path for the resumption of the upward swing.

3. Based on the previous run up from RM0.45 to RM1.95 in 13 days and closing today at RM1.80,

Using this as reference time frame, the next leg upwards will likely be as short a duration.

The rebound from 6th Nov and 13 Nov suggests that the rebound in the coming sessions will be much stronger.

The immediate term price outlook suggests that the RM2.50-RM3.00 would be tested in the coming sessions

In short, stay patience-strong and be courageous in order for you to profit greatly from this major price rally, sit tight, do nothing and ride out the entire rally & profit mightily from it. Now is not the time to exit, this bullish move is definitely not over by any means.

17 Nov 2020
Vivocom: lunchtime report

After the frenzy limit-up yesterday, traders took profit today which brought the share price down to as low as RM1.70.

Vivocom’s shares tested intraday low 2 times, before rebounding convincingly to RM1.81 from 9:40AM.

As I have repeatedly stressed, a company’s share price is a function of the underlying demand versus the available supply of its shares actively traded in the open market.

A reliable indicator to gauge the demand vs. supply of the company is the buy and sell rate.

Despite overall buy rate at 48.7% during the morning session, the sentiment for Vivocom’s shares actually turned positive from 9:40.

Of the 59.66M shares traded, 33.61M shares were traded before 9:40AM with buy rate at 42.1%

On the other hand, 26.05M shares were traded after 9:40AM with buy rate at 58.1%

This is a good sign as it indicates that the selling pressure from the morning had stabilised to a trickle after 9.40AM, which tells me loud and clear that traders do not think RM1.70 is the fair price for this company, hence, traders started to aggressively buy any shares available in sight at RM1.70/RM1.74 levels to ram the price back up to RM1.80 and beyond.

I expect such positive & bullish sentiments to continue in the afternoon session.

I foresee Vivocom’s share price closing at RM1.85 or higher today.

The rally which started 14 days ago, wow is it already longer than two weeks, has indeed demonstrated solidity and stability rarely seen in an ACE stock in KLSE.

In short, expect Vivocom’s uptrend to continue to soar to RM3.00 soon.

16 Nov 2020
Vivocom: end of day report

My mentor taught me an invaluable lesson that I only fully understood this year during MCO and I wished I had learned it earlier on.

I have no shame in sharing this personal experience with everybody because it is the truth: I did not earn any money from stock market during MCO due to the unprecedented Covid-19 pandemic.

I, as an investor, stood on the sideline while everybody enjoyed the tremendous gains from Personal Protection Equipment (PPE) related counters.

I on the other hand, was paralysed from over studying and analysis.

My mentor schooled me hard: he says in life, it is all about making good decisions based on common sense, not how good my analyses are.

If I can make good decisions based on common sense, guided by good analysis, I will not go wrong in life, and with some luck, I might even be great.

However, if I have uncommon common sense, I will be classified as a GENIUS.

I did not have common sense during the MCO simply because I didn’t have the gut.

My analyses guided by TRADITIONAL parameters paralysed me, due to the common reasons such as uncertainty, high valuation, extremely unfavourable macroeconomics and many many other factors when in fact I should have been buying at any opportunity I can get.

I VOWED I will not let myself and my mentor down ever again. The time has changed, and so must my analysis. I MUST NOT be guided by such traditional mentality anymore.

I now guide my investment decision based on Kelly Formula. In the simplest words, it means sizing your bet according to the chances of winning.

Vivocom, is the one and only stock I hold because of one simple reason: enormous demand vs scarce and limited supply.

This of it this way: because of the pandemic, the average selling price for gloves shot through the roof because of extreme demand.

Now, apply the same logic to Vivocom.

Due to Vivocom’s boss’s self-imposed moratorium, this effectively reduced the shares actively traded in the market drastically.

This also lent a lot of confidence to the market participants knowing that the share price will be stable.

With this alone, I know that Vivocom will be a winner.

Today’s trade proofed just that.

Vivocom’s share price increased to limit-up price to close at RM1.95, up 30%, the maximum limit allowed per day.

The trade velocity of Vivocom increased slightly in the afternoon session to 56.25M shares traded from 54.40M shares in the morning.

The buy rate in the afternoon was at 61.3% compared to morning 57.6%. Overall, today’s buy rate was 59.4% for the 110.64M shares traded.

A total of 15,157 trades were done today and it was the highest number of trades done in history.

This tells me that despite the 1,300% rise in price from its all-time low of RM0.15, traders are EXTREMELY interested in this counter.

So long as the largest shareholder doesn’t sell, and since he has a moratorium period of 3 years, I can CONFIDENTLY say that euphoria surrounding Vivocom WILL sustain.

I sincerely, from the bottom of my heart, BELIEVE that this is only just the beginning.

Next target: RM3.00 to RM3.60.

16 Nov 2020
Vivocom: lunchtime report

Legendary fund manager Peter Lynch, famous for growing Magellan Fund from USD18 million in assets to USD19 billion in the span of 13 years said that throughout his career, he was always on the hunt for companies with potential to net him great returns in terms of share price appreciation.

In his book ‘One Up On Wall Street’, he coined the term ‘tenbaggar’ as an investment that appreciates to 10 times its initial purchase price.

Vivocom is EXACTLY IT, from its scintillating performance thus far.

To be precise, Vivocom’s share price is now trading 11.6 times from its all-time low of RM0.15, and it shows no signs of slowing down.

Vivocom closed this morning at RM1.74 with 54.40M shares traded, up 16.0% from last Friday’s closing price. A most impressive and formidable upsurge indeed.

The rate of change (ROC) at 16.0% is the second highest ROC per trading session since the shares started rising sharply upwards 13 days ago.

Traders continue to be aggressively on the offensive, evident from 13 consecutive days of gap-up upon opening, with the past 12 days average buy up rate at 54.7%.

This essentially means that we are only in the beginning stage of a SUPER BULL RUN.

This SUPER BULL hasn’t even gained full momentum yet on this unstoppable upward charge.

The best is yet to come I believe, and the key indicators all point towards a most sustainable rally ahead.

As I previously forecasted: we should be seeing the share price to trade around RM1.80 to RM2.00 region this week, thus completing ‘three white soldiers’ on a weekly period price chart.

Should the momentum accelerates, we should be able to see Vivocom to trade around RM2.30 by the end of the week.

Looks like I might need to readjust my forecast of RM3.00 by December 2020 and bring it forward to November 2020.

Vivocom is set to continue its present upsurge with conviction & determination, making it presently the most discussed KLSE MOMENTUM STOCK!!!

VIVOCOM: 16-20 NOV FORECAST

https://klse.i3investor.com/blogs/see/2020-11-15-story-h1536433211-VIVOCOM_16_20_NOV_FORECAST.jsp

13 Nov 2020
Vivocom: lunchtime report

Today profits taking was a minor retracement to the strong bull’s surge and momentum we have witnessed since 4 days ago.

Most likely caused by RHB’s decision to limit their exposure in Vivocom in terms of contra credit. This is a good sign as it’s only applicable to Super Bull stock. Plus I do not encourage short term contra plays.

The share price as a result dropped to as low as RM1.41, before closing at RM1.47 for lunch session.

There were more sellers than buyers today as traders locked in profit, with sellers at 61.4%.

However, it is worth noting that only 6.94% of total traded volume were done between 1.41 and 1.44c, which is similar to last Friday scenario when the share price corrected last Friday, very little volume were done at the lowest price (RM0.89 to RM0.94).

That was exactly what happened today.

This showed that Vivocom’s natural market support price is pegged at or above RM1.45. No wonder the stock rebounded strongly each time upon reaching RM1.45.

If you recall in my most likely scenario, I have forecasted the first peak to happen around 20 Nov with target price RM1.53, subsequently a retracement to RM1.41.

See here for the forecast: https://klse.i3investor.com/blogs/see/2020-11-13-story-h1536405098-VIVOCOM_FORECAST.jsp

Today’s lowest price was RM1.41. This confirmed that the market is essentially pricing in and bringing forward my forecast by approximately 2 weeks.

In this case, we should see RM3.00 by the middle of December. So do enjoy the ride upwards guys.

Vivocom is in my view a long term and sustainable rally. So no contra or margins play please.

May the force be with you. I anticipate a strong rebound in the afternoon and closing around RM1.50, with the strong uptrend still in tact and continuing with it upsurge to RM1.80 next week.

12 Nov 2020
Vivocom: end of day report

Yet another spectacular day for Vivocom.

The shares traded sideways from 10am till 4pm in a tight range between RM1.46 and RM1.49 for close to 4 hours.

In last 44 minutes, exuberant sentiment appeared with a large army of aggressive buyers rushing in at 4:16PM and started buying frenetically, literally everything on sight.

In total, there were 27.56M shares transacted between 2:30PM and 5:00PM.

Of which, 22.31M shares (81%) were done between 4:16PM until 5:00PM.

To breakdown further, 18.63M of the 22.31M shares were aggressive investors buying upwards frantically.

In other words, 83.50% of the shares transacted during the last 44 mins were predominantly buyers.

This is excellent bullish indicator that tomorrow the shares will in all probability soar even higher.

Vivocom’s shares today closed at RM1.55, its intraday high. The last traded was at 4 o'clock 59 minute 57 second.

Yet again another very favourable sign because it means that traders are still pondering whether to pull the trigger to buy up until the last few seconds of the trading day.

In the last 10 minutes of pre closing, the seemingly impenetrable resistance heavily parked at RM1.55 psychological ceiling was stormed down and trampled over with such persistent and relentless buying that more than 7 million shares at RM1.55 were snapped up.

With such exuberant and positive sentiment chasing and snapping up Vivocom’s shares, I wouldn’t be surprised if the shares were to trading at ~RM1.80 or higher levels tomorrow. In fact I’m quietly confident it will soar to whole new level indeed.

May the eagles of Vivocom rise and soar to the sky at RM1.80 & beyond tomorrow!

12 Nov 2020
Vivocom: lunch time report

‘Market is always right’

The phrase refers to no single individual can go against the market, because the market is always correct.

What the market is telling us now is that Vivocom’s momentum is simply unstoppable.

Today being T+2, logically the stock should stay flat or down as traders are forced to exit their positions or fork out cash to pick up the shares.

Yet, Vivocom closed at RM1.47, up 5.76% from yesterday with robust volume of 49.75M shares traded.

The price closed above all-time high volume weighted average price (VWAP) of RM1.4617.

On top of that, the share price gapped up for the 11th consecutive day.

Traders took profit in the morning TWICE but it went to as low as RM1.40 only, higher than yesterday’s close.

This formed a ‘double bottom’ on 5 minutes chart.

This means the buying interests is incredibly strong with traders adopting ‘buy on dip WITHOUT WAITING’ strategy.

I would not be surprised if the shares go to RM1.80 level in the immediate future.

Hang on tight guys, we are in for an exciting journey ahead.

VIVOCOM: INITIATION OF COVERAGE (11 NOV 2020)

https://klse.i3investor.com/blogs/see/2020-11-11-story-h1536374560-VIVOCOM_INITIATION_OF_COVERAGE_11_NOV_2020.jsp

11 Nov 2020
Vivocom: end of day report

Today’s trading marks the confirmation that the previously short-lived 2 day correction is over.

Vivocom closed today at RM1.39, up 16.8% from yesterday’s closing with 112.38 million shares changed hands.

Such high activity for past 10 days is rare in KLSE as most of the small-mid cap companies in Malaysia sees the interests in their shares peter off quickly.

There were some tentative traders who wanted to wait for retracement before buying in. They missed out. Or some who cashed out prematurely.

Normally in a fierce upward momentum stock, the smart thing to do would be to hold on to the shares as tightly as possible simply because there isn’t much time or room for the share price to correct. So why sell prematurely especially when Vivocom’s liquidity is so tremendous there’s no likelihood of being locked in.

An analogy for this would be the bull run in Pamplona. Once the gate is lifted and bulls charge through the street, all the runners run in one direction, which is away from the bull. Anybody that gets in the way of the stampede would get trampled over.

This is what is happening in Vivocom. Bears lock in profit because they feel uncomfortable with the fierce uptrend, not knowing that they are at the losing end. Once sold, they realised they made a horrible mistake by selling too early, and so they chased high due to FOMO.

Today's candlestick on daily time period shows second bar of another ‘three white soldiers’. This tells me that there is a chance for the share price to move up sharply again tomorrow to complete ‘three white soldiers’ again. It appeared on 2nd-5th of November earlier.

Should that happen, the immediate target price is RM1.79, a 28.8% upside from current price.

The medium-term uptrend and target price of RM3.80 by December 2020 is still intact.

To sum up, Vivocom’s uptrend started 8 days ago and looks like continuing strongly with even more conviction, as the past two days surge with high volumes confirmed.

Today’s sharp upturn looks like the beginning of another powerful surge soaring even higher to RM1.79 with determination and persistence.

11 Nov 2020
Vivocom: lunch time report

Wow, what a spectacular trading session. Today’s stellar trading shows that this bull is just getting started.

Usually, a fatigue bull shows signs of slowing down such as diminishing rate of change, slowing trade velocity, overall lack of interests and every time the price moves up, sellers come down and sell it back down.

None of it is showing in Vivocom’s performance.

In fact, Vivocom’s trading is picking up.

Vivocom's share price again gapped up today, making it 10 consecutive days of gap up.

Vivocom’s share price closed at RM1.41, up 18.49% from yesterday’s closing. There were 88.51 million shares changed hands, of which 55.8% is buyers.

This is the highest rise in % per session since the share price started moving on 2nd of Nov. This shows that the bull is gaining stronger momentum by the day.

All of this are happening much faster than my expectation and in fact, I should revise my forecast upwards.

But being prudent, I retain my conservative target of RM1.79 in the immediate term, and RM3.80 by end December.

Can expect the price to soar to RM1.55 soon, perhaps in the afternoon session.


Hang on tight guys, the game has just begun.

10 Nov 2020
Vivocom: end of day report

As forecasted in this post: https://klse.i3investor.com/blogs/see/2020-11-09-story-h1535691133-VIVOCOM_9_13_NOV_2020.jsp. 

It is very clear we are currently in the 1st scenario of the above chart.

The share price broke the resistance bar at RM1.19 to as high as RM1.21, before closing at RM1.19 with 64.71M shares traded.

Trading activities chased up in the afternoon session to 47.35M shares with the morning session done only 17.37M shares.

Buyers overwhelmingly dominated trading in the afternoon session. Of the 47.35M shares traded in the afternoon, 70.9% of the volume were buyers.

The overall buy rate today is 67.0%, highest since the share price starting moving on 2nd Nov. This itself is a very convincing n strongly bullish indicator.

Basically this signalled that officially the correction and consolidation from last Friday has ended.

We are now moving towards next exciting level with the share price trending upwards sharply to RM1.51 and subsequently RM1.79.

The tsunamic momentum engendered today looks unstoppable.

We now wait with bated breath for the charging bulls to come roaring through the gates and creating a stampede where there will be no stopping them once the floodgates have been stormed opened.

Irrational exuberance will undoubtedly be the order of the day and Vivocom’s share price will burst through the roof and soar to its all time high of RM1.79.

Enjoy the Surge guys as the Ride has only just begun. The BEST is yet to come!

10 Nov 2020
Vivocom: lunch time report

Optimism returned to the stock market, in reaction to yesterday’s extremely positive news that Pfizer’s ongoing vaccine development currently in Phase 3 trial is 90% effective in preventing Covid-19 infections.

Personal Protective Equipment (PPE) related counters experienced heavy selling as traders exit to lock in profit.

As a result, a lot of the money previously invested into PPE-related counters is now freed up to invest in other companies.

Industries such as constructions, property development, hotel, tourism, airlines, airports, banks, retails, O&G and ports, all of which were previously unloved and heavily affected should start to see money flowing in as traders start to position themselves.

Vivocom, being in construction and property development sees the interests in its shares building up.

Vivocom’s share price climbed to RM1.06, up 4c from yesterday, with 17.37M shares changing hands.

Based on technical analysis charting which I will not go into details, the market should see Vivocom’s share price to trade around RM1.06 to RM1.10 today and RM1.10 to RM1.20 for the next few days.

Should a strong breakout occurs, we should see the stock move towards RM1.68 in the immediate horizon.

Vivocom: End of day report
09 Nov 2020

Vivocom’s share price closed at RM1.02, up 2c from last Friday’s close.

In the afternoon session, range trading prevailed with 99.72% of the trades done between RM1.02 to RM1.04.

Total volume done was 20.30M, which confirmed that we are in consolidation mode, and that the shares can be expected to continue to trade in a tight price range or sideways for the next few sessions.

Basically savvy traders are collecting Vivocom’s at the present RM1.02 to RM1.04 levels. Once a strong & solid foundation base is formed, the price will begin to surge upwards.

If the price surge breaks RM1.10, it will soar sharply to RM1.19, before heading towards an astronomical target price of RM1.57 with frenzy.

Once this occurs, aggressive traders will all rush in, triggering a frenetic increase in volume & price.

Such a breakout will trigger more traders to chase the shares upwards as FOMO takes hold and all technical indicators signals a screaming buy.

Such a breakout can definitely be expected soon but its timing will be difficult to pin down, so be on the lookout n Happy Trading.

Vivocom: 09 Nov 2020 morning session

Morning session closed at RM1.04 with 15.70M shares changed hands.

81.88% of the trades today were done between RM1.01 to RM1.04, a positive sign of advance, likely indicating that in the afternoon session the shares would be trading in the range from RM1.03 to RM1.06.

The daily chart today shows ‘Harami Cross’ after Friday’s ‘Hanging Man’. The 15-minute chart shows a triangle with volatility getting lower and lower.

All of the above tells me that we are in strong collection phase with savvy traders actively collecting from RM1.00 to RM1.03.

Strong support can be seen at RM1.00, indicating the share is unlikely to break at that level.

In order to control the tight spread, savvy traders put up more sell queue than buy queue.

This is a good sign as prices usually drop after showing ‘Hanging Man’ candlestick, especially after 4 consecutive strong days of rally.

It is worth noting that the share price has gapped up once again, for 7 straight days in a row since the HOA announcement. An excellent sign of supreme confidence in the stock.

We should expect the sideways consolidation/accumulation to occur for a few more sessions before the share price move towards RM1.30; RM1.40 and RM1.50 in an explosive upward surge.

It is a fantastic time to collect now between RM1.01 to RM1.04.

VIVOCOM: 9-13 NOV 2020

https://klse.i3investor.com/blogs/see/2020-11-09-story-h1535691133-VIVOCOM_9_13_NOV_2020.jsp

Nov 6th : Vivocom Morning Session closed RM1.04 volume 123.9M.

What a roller coaster exciting ride it was indeed this morning. I would even say spectacularly impressive and breathtaking. Here’s why:-

1) Open gap up 8 price levels, but seller came in around RM1.16-RM1.17 and form a trading range in between RM1.07-RM1.19.
2) Price slipped below 15 min support level at RM1.07, which is an indication of upswing momentum temporary slowdown and we enter in small correction phase (wave 4).
3) Immediate support found at RM0.89, which is exactly at Elliott (wave 4) support level.
4) Panic selling by weak holder is overdone.
5) A short period of consolidation should occur.
6) A breakout will signal the end of Wave 4.

This was classic bear raid with savvy traders creating panic selling so that they can collect as many shares as possible before the next MASSIVE UPSWING! Savvy players love such phenomena as they are well poised to capitalise on the panic selling n collect sufficient ammunition to profit from the next upswing and potentially a powerful and imminent LIMIT UP.

Hence I foresee the following :-

7) Resumption of wave 5 uptrend soon.
8) Immediate term target price wave 5 will be RM1.35-RM1.50.

VIVOCOM - POSSIBLE LIMIT-UP TODAY (6 NOV)

https://klse.i3investor.com/blogs/see/2020-11-06-story-h1535656691-VIVOCOM_POSSIBLE_LIMIT_UP_TODAY_6_NOV.jsp

LIMIT-UP - A REAL POSSIBILITY TODAY!

Nov 5th - Market Report Vivocom. Close RM1.07 volume 83.67M.

Today Vivocom turned in yet another stunning and solid performance, Gap Up Opening and Gap Up Closing. With strong convincing volume and a healthy yet hefty price hike of 15c for the day. Wow!

That’s an increase of 238% to RM1.07 from RM0.45 on 27th Oct.

I am anticipating today to be another bullish day.

With my over 20 years of experience in trading and market risks assessment, I remain highly optimistic on Vivocom heading into today’s outlook on Nov 6th, based on the following technical justifications :-

1) First and foremost, the Gap Up by 4 price level yesterday morning with high volume break out away from RM0.94 was simply brilliant.

2) Consequently on the 15 min chart and market closing matching and traded at Gap Up Closing by 2 price levels, this formed a supremely bullish Marobozu candle stick.

From A Volume Price Action Analysis interpretation this is a most healthy bullish rally indeed. Traders get highly excited when a Marubozu candle emerges as it augurs well for another hefty Rally.

The Prices spread & volume traded for the past week have robustly healthy and impressive with strong follow-through buying. This confirmed there is more than ample liquidity in the stock, in fact one of the best liquidity I have seen.

Elliot Wave developed wave 5/3/5/3 on M15 chart and super duper strong wave 3 on daily chart. Because price move up with scarcely any retracement on 4 consecutive days, volumes on wave 3 is higher than wave 1.

Base on Elliott wave rule, the target price for the wave 3 is calculated 161.8% which is RM1.14, or 261.8% (RM1.59) and 423.6% (RM2.35) extension of wave 1.

I will leverage up(add some position) right after the price cross RM1.14, as the share price will have high chance to go to next level at RM1.59 & RM2.35.

With the announcement made after close of market today however it is worth noting that the price may hit Limit Up due to massive demand chasing after limited supply of shares, especially after the past 5 days of sharp price hikes with over 62.5% buy up rates.

Happy Trading.