Just hold, the value of the Company is firm af, and the development is in tact, unless the glove's ASP drop drastically, then only consider to get off glove. Now, just add more if you are holding at high price, it will payoff, for those who are still looking, inspect your entry level and risk profile, make your own decision.

hi paktua, is there any group that I could join you?

The Group’s capital raising exercise by way of a Rights Issue to capitalise, as announced on 10 August 2020, is pivotal and on track.

It will deleverage the Group’s bank borrowings and will address liquidity issues due to cash
flow mismatches. In addition, plans are actively being undertaken to deepen and expand the Group's entry into the healthcare segment.

still no buy volume since 11. today might be another yumcha day for all the syndicates to discuss their next strategy to roll out the money lol

18 million shares traded. momentum down at 80% compared to the same hours at the last few days.

back in Feb when I first saw Mabel, she bought amada @0.3, then there come MCO and the price dipped @0.12, I left @0.18 during May.

I bet Mabel made more than 50% from O&G only, as her holding cost was low and hold till now. Back to O&G, and stick with Mabel..

the word "hoot9e" and "all-in" are the most sacrilegious term for investing, but all has gone brainwashed by grease guy... invest in value, not gambling

this stock's momentum has been decreasing, snowball effect will arise if they did not make it green today.

People purely believe on its goreng potential now. Earlier we can still think there being undisclosed development but the QR told us all.

Take profit first and reenter later.

Sold all my shares @ 1.08.

Goodbye guys

playing with fire, either get burned or be the coal to it.

Everyday is at T3 depends on when you buy in.... this is not the excuse for today's selling

@Alvin Chan Vivo today T3, those contra players have to sell off. So watch the support zone later.

currently it was supported by operator, however it may go lower if the operator decides not to push up the price before noon.

Agreed.. the possible reasons for the decrease might derive from the utilization of Rights issue as they are entitle to utilise RM30 million for working capital, so really not much to look at.

I don’t really care much about QRs bcoz they can be, uh, well...

The things that stood out for me re this 1st QR for FY :

1) Goodwill on consolidation
2) Receivables
3) Properties owned
4) Borrowings
5) Payables

The one thing that remains is very high leverage (equities vs liabilities

Actually if you really look back into their QR in for the past 2 years, they are in loss due to a fixed expense to fund their on going development project, and as announced earlier, the profit of such projects only be recognized in this year, hence the profits report in these last 3 quarters.

600k for this quarter is actually a disappointment from what their project put in, if you do the math properly, their profit for such project is still at loss...

Again, if you look at their PPE with 15mil in hand.. NTA only RM0.08.. u pandai pandai la..

By segmentation their main income for the quarter is actually construction which give RM2mil profit.

"The higher revenue and profit in the preceding quarter was due to the contribution from the sales completed under Property Development. The revenue from this quarter is mainly derived from the Construction segment from its on-going project in Gombak, Kuala Lumpur. " -- Quote from QR pg 7.

From business prospective, the Company's segmentation is actually narrowed, and with the so called rumors on "MAJOR DEVELOPMENT", AGAIN, I would stress that unless it is a gigantic development project, (Larger than Mah Sing's, Sunway's Project which would amount to billions), else it does not worth the value currently.

If you would say the Company going to diversify... Possible. they have 40mil cash and can do bridging or banking facilities with the bank (note the liabilities as well, VIVOCOM's eligibility for facilities would be cap due to its current debt), but this would have to wait for firm development as well.

As the QR has out, not really going to expect much in this stage, maybe just wait if they announce for Diversification with a firm prospect and planning. Else, just buy few to ride the momentum and realiaze your profit by now.

Not a good investment counter, just a gamble casino



@mikeann Financial results out.

The company 's performance has improved over the previous year.

1st quarter profit of 0.643 million is commendable compared with a loss of 0.688 million of the previous quarter.

This will augur well for the company's share price.

the market pattern was clearly manipulated, the order books stuffed with a constant orders by a group of people... 1mil + shares que, but could easily removed and re-qued after awhile.

Hold gloves till next year, will be rewarded. I'm holding it since it was RM5.2, and now being averaged at 3.20, everymonth putting in capital to average it.. the fundamental of the Company is there, currently I would say it is still abit overpriced at 2.7, fair value should be lower, but, in 1 - 2 years time, the company will worth of RM4 again with their cash flow earned in this pandemic situation and their consistent demand of products being distributed.

Personally, I dont feel an issue if you are investor, but if you are gambler, just stay out and go to those penny stocks they are promoting nowadays with god knows what happened news.

@fifimao Yes there will be a massive announcement in Q1.

source?

hold to ride for momentum, obvious pump and dump... Unless they announce a massive landbanks and project development, if not I don't see the reason of the TP given by all

just wait for the QR

It should bother you when the price actually went up after his report. Anyhow, be rationale.


luckystock88 Good come back by See Jovin with the usual lunch time report. He defies all odds against him by re-emerging and supporting his views, and not to my surprise, the price went up after his post. Keep up with the great daily postings.

Seejovin's today's report.

26 Nov 2020
Vivocom: End of the day report

Afternoon Session Vivocom closed RM0.840 with 400M volume.

V-Shape V-Shape Recovery! ..

Here are today’s highlights:

1) It is a good news for Vivocom that Budget 2021 has been passed in voice and Vivocom's business will be the direct beneficiary.

2) Despite the recent drop in share price last few days, today's buying volume is at more than 60% of the total volume traded.

3) Confidence from investors as the current price are attracting their interest.

I am looking forward the stock price trading sideways toward a steady recovery, with support levels at RM0.780/0.855/0.900 & Resistance at RM0.950/1.05/1.13

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!

It is just the 4th week since the bull started, it is healthy that we experience retrenchment phase like all shares does, but from my TA , I believe my TP will stand as mentioned before with an amendment which I would post later upon detailed assessment.

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.

so called major announcements is not legit news. Just wait for QR, we invest in fundamental not on rumours like this. wait for firm development.

Be rationale
Be cautious

fifimao Recovery is on. Some major announcements out soon on Vivo which will be very positive. Just wait. Won't regret

better just wait for the QR. Collect some with reasonable self folio measurement. accept the risk and ride with it if shark wanted to goreng again. Still no firm development.

It was a sarcasm.


@Yu_and_Mee Put money in this counter and wait for 4-5 years? Sounds like no other better counter in KLSE. This statement really funny. It sounds like he was trapped.


AvatarTree If one can wait (4-5 years)on this counter sure can see some reward .

it will limit down on tormorrow and gap down, fair price of this share is 0.3/0.4 , that time only consider to enter, on Fri/Mon their QR is coming, wait for firm development.

too liquid la this stock, imagine when Top glove is at RM30 per share, people still can goreng, vivocom only cost not even RM1 to goreng, fundamentally all they need is 50mil shares to push for a day (consolidate only cost 0.2 during start of the year and lower up till June to see 0.3, which is cash 15 million per day), while they do so, slowly throw out and let the public to eat up their portion

rr88 Buy n buy only. Do not sell. After this whitewash, it will embark on a new uptrend n will take out 2.05. Bcause it has new business with rm2.56 bil gdv.

Joker

paktua ady exited careplus and Dufu? I am still holding both

I once lost over 300k in contra when I start "playing" in 2018, then I started to really learn to invest bit by bit covering my loss. It is a hard time to go through, but even if you are in debt, there will be ways, someone will support you through. earn again, invest in fundamental stocks create passive income in future.

wait till it drop to 20-40cents and wait for them to goreng again n 3-5 years time :)

Waiting for this counter to wake up, see Greatech at RM9, DUFU should be around 3.50 by now

Glove overall be in a good position when all say it is a losing game now. But all of us know that the Companies are earning tons of money compared to other industry. Recovery for other industry? Maybe. But I doubt 60% of the industry players are catching up especially those sunset companies with traditional thinking will goes off soon.

My point being, the Company is doing well.

today yes sayer will say is a "HuGE Correction" phase of vivocom, we trust and believe the performance is intact and is normal to has this trend as it has up for nearly 3 weeks already.

today nay sayer saying this Conman Counter did it back in years ago la, why so stubborn no cut loss. now Limit down, tomorrow also will down down down till you see hell.

Rationale people be like. Sold my shares at RM1.xx thx VIVOCOM, and goodbye.

Miss the boat people be like: TOLD YOU IS CONMAN LA!

Still living in highlevel appartment people: GUANYINMA BOPI, AMEN, MAY GOD BLESS ME, TOMORROW UPUPUP.

Just some random people:Huat ah limit down, HOOT9E! tomorrow up


An essence of the investors nowadays. LOL

Willy99 T+2 today since 2.05, every day is a T+2 for contra players

this counter wont be attracting banks till it has firm development.

the said trust and believe is just to con you again... today down tomorrow up, then one day limit down again to tornado your fortune for their roll Royce phantom.

I've cut loss @1.48, still earning bit, but today just really made my day.

LMAO limit down

dont look at the lot, it is just some lying blocks for newbie to think a great support is form there, upon few lot sold at that level, the order will "magically" dissapear

this volume of selling is really some intentional bulk selling by sharks, as you can see there are wars between two group or someone is just manipulating the stock and buy back after in a lower price, let see if it rebound later. if yes, good luck to this conman counter, can consider to exit later

parking @1.56

The major shareholder now hold the shares in a much much lower cost, stating 3 years no sell of his shares (Bursa required 1 year, he volunteer 3 years), but be aware, Golden Key becoming the major shareholder with 18% shares in hand but their moratorium is only 1 year. they might start throwing upon the moratorium ends.

actually if read in details of the V Development in year 2018 and 2019, it actually has 0 revenue which is something we need to be aware, it states that the revenue only be generated in year 2020 as their project just launched in 2020, but as we see in the so called landbank they had amounting value of 1.5bil, most of it has no firm development exclude for Mines Villa which only constitutes 38 mil of GDV, Residensi Inspirasi Setapak, 270 mil of GDV and eLVi Kemensah, 248mil of GDV for a consideration of RM170k (we all know is hard to fully gain the expected return from property but lets assume the amount gained is what they reported.

The issue price to Golden Key, an investment holding Company with 100 Share Capital, cost Vivocom @RM0.35 for 169,936,172 ordinary shares. Such low cost with a moratorium, I see no problem at all as their holding cost is so low and they can dispose at 2 years time later and goreng again when time come

old but worth reading

https://simplywall.st/stocks/my/consumer-durables/klse-jerasia/jerasia-capital-berhad-shares/news/is-jerasia-capital-berhad-klsejerasia-using-debt-in-a-risky-way/

exercise of warrants, now we can see where some of the shares being throw out.

Anyhow, is Friday, for those who is owning, continue to hold or add more if you are comfortable and believe in it. for those losing, no need to panic, the trend still goes on at least for the next two months, and we can wait until AGM's announcement to decide. For potential buyers, assess your own risk profile to make decision.


Happy TGIF and have beer. Live Prosper

Siva68, the interest of buying reported by seejovin only since early this month has indicated a buying volume of average 50% per day, it actually shows a big pile of shares being traded and hold by certain peoples. So that is why I am asking for business prospect instead of trading trend, as this would affect the shareprice later on when it reach to a certain point.

Not to be naysay, I am actually considering to add more if it is firm and solid supported but as investors we need to know what we are investing.

From my point of view, this counter is being collected by operators with insider news and development news on their hand, waiting to be release at certain time. Today's retrenchment is just a war between operators and panic sell of retailers. We may not know.

seejovin, despite the trading patterns and trend, I actually need to know more on the fundamental on their businesses. As my personal interest is on company growth, and this counter has not given any public info yet on the development. Is there any supporting info for your target price? would appreciate if you could share.

The Company is still in P&D, with no further landbank development, I see no clue in the spike of price for the past three weeks now.

As for future development, the Company if going out from P&D, they will need to announce diversification of business, if the threshold of revenue, profit and assets held under the new business surpass the requirement of MMLR. And this need our approval via general meeting (AGM/EGM). I dont see the AGM will discuss on this based on the notice of meeting as well as any announcement made by the Company.

Surely, the price should spike at some point, but not now I guess. Now purely someone manipulating the price to push it to the level then to sell off their own shares when their development is firm, which I am sure insiders has the news on their hand.

Just sharing my thoughts, I am still holding a small portion following your analysis for short term gain.

Hope could get your justification further in terms of business aspect.

Thanks

the message i saw as well, pending really why the reason for RM2 at now. UMA has not issued yet surely got something going on. the shares being sold till now is about 20mil. just in this hour since 11. I want to know what happening to the holders.

3mil share got ate by goreng/insiders. This counter is really something.

Alex being rationale, the Company is yet unclear for the reason of the recent spike, jovin is just sharing from the aspect of the trading patterns graph but we have not known any business development nor sustainability plan from the Company to stay at this price/higher. It might be a strong goreng or insider trading at this point knowing that the Company is firmly in tact with their development.

For non-risk takers, better just firmly wait for any solid news on the Company's business expansion.

For those who are in the counter already, assess your risk profile.

Just a 2 cent advice. I am holding the shares of the Company @1.07. Chase high when you do your homework, accept the risk, and do not KaoPehKaoBu when you lost, take it as lesson and move on. The market never pity you on whining.