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14 comment(s). Last comment by rogers123 2017-01-21 22:28

Mini Bull

797 posts

Posted by Mini Bull > 2016-12-19 14:19 | Report Abuse

con con con

Sephy

692 posts

Posted by Sephy > 2016-12-19 14:24 | Report Abuse

I think whole world already know this is a con job led by con artist from CIMB. What was the name of the analyst again?

gamer

23 posts

Posted by gamer > 2016-12-19 15:38 | Report Abuse

there are contracts secured these 2 years that will drive revenue moving forwards.
These contracts will lead profits for the coming few years but i think the current share price is still considered ok (neither over price nor cheap).

2. intangible asset is my concern as well. There is no further clarification on that.

3. I think we should look at the current contracts secured. To me, the acquisition of the NEATA is the right decision as VIVOCOM Enterprise(subsidiary of NEATA) earns the money for INSTACOM.

CKNYAM

1,470 posts

Posted by CKNYAM > 2016-12-19 17:22 | Report Abuse

gamer, your comments is very fair. If writer don't understand, go direct their office and get more informations from the right person. See at your own eye the actual expansion in Vivocom office and business growth. Your article was writing based on emotion to the share price drop , so the conclusion everything is bad. If the Vivocom share price go up later, then what another story u want to create. Though of days.

CKNYAM

1,470 posts

Posted by CKNYAM > 2016-12-19 17:51 | Report Abuse

Secondly, a company making good revenue does not guarantee a share price always go up. How about FGV, Goodway, Mextex, Johan? This all counter not making good revenue but share price still go up. Does this counter meaning good to you as well. Everything about timing and depend when fund manager want to RERating the share. And of course got news to goreng.

dusti

2,404 posts

Posted by dusti > 2016-12-19 20:31 | Report Abuse

Rogue analysts,have been sacked before.

traderman

7,854 posts

Posted by traderman > 2016-12-21 12:57 | Report Abuse

CKNYAM, dont be so arrogant, listen to people and dont think you know everything and everything you know is correct and other is wrong.

Posted by KLmorGan216 > 2016-12-22 15:18 | Report Abuse

@gamer: I`m agree with u that not including the existing contract value yet.

But, i disagree with u that acquire NEATA is a right decision. A clever businessman wouldn`t buy the company with such a high premium.

CKNYAM

1,470 posts

Posted by CKNYAM > 2016-12-24 10:56 | Report Abuse

Instacom average revenue a year used to be RM100mil. But now Vivocom as at Q3 2016, revenue has gone up RM300mil with orderbook close to RM3bil. So judge yourself, the value that paying to neata is justified or not. It will keep them busy till 2018. If you accepted the bonus issue share, you have to prepare to hold longer to appreciate it value. A lot of negative emotion surrounding Vivocom because it's share price drop. But what if share price rise up again, and will you write acquisition Neata is a good bargain and turnaround to the company?

Posted by Raymond Tiruchelvam > 2017-01-05 22:36 | Report Abuse

isnt it obvious, vivovom is what it is bkos of CRCC work orders, and how was it obtained, thru a related party, whos the related party = Dr Yeoh Seong Mok.... and would Yeoh do this for free? Of course not.... whats the payment? purchase of neata.... who is neata? Yeoh :-) is vivo under valued? If you fully believe the CRCC work oders are 100% valid .... then yes 100% undervalued

Vivo

241 posts

Posted by Vivo > 2017-01-05 22:39 | Report Abuse

Let's pray Vivo can get at least RM 1 billion contract for 2017.

EasyInKlse

483 posts

Posted by EasyInKlse > 2017-01-05 23:14 | Report Abuse

Yeah.....

CKNYAM

1,470 posts

Posted by CKNYAM > 2017-01-05 23:30 | Report Abuse

Raymond, good point. Project Award announcement must be legal biding and valid before announcement. Through DS Yeoh connection another project saving for Rm19.3 mil from Oriental Mace Sdn Bhd for the appointment as Main Contractor for the construction of factory, warehouse and office buildings on Lot 886 Bandar Baru Enstek, Daerah Seremban, Negeri Sembilan Darul Khusus. This project was earlier awarded to Versatile Bhd. And this project also non CRCC job.

rogers123

4,017 posts

Posted by rogers123 > 2017-01-21 22:28 | Report Abuse

Projects can be awarded but can be stopped too if no money

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