Hi. Everyone. Just would like your sincere suggestions. I've bought some on this counter at a very high price because the company promised of moving forward 3-4 years ago. Also because they said going to move to the Main Board.
Vivoforever1, suspending Darth forever is not the solution. He also has his valid reasons and voicing his frustration on what has happened to this company. Even I do.
Vivoforever1. If can please highlight to me and others how this company price can go up again. 3 years ago, price spiked because of the Rumah Prima projects they obtained. After that, no more Big new projects towards their order books.
Sorry to say. But it also feels like that the company Directors has taken a ride using us as minority shareholders buying Vivocom shares at a very high price. I'm really wishing for some miracle for price to go up.
Vivo looks like a "normal construction Co" in Najib's era( nobody pays Vivo). Acct receivable 267mil Cash 53mil but current liabilities 73mil (short 20mil)---Just Stop operation last Q bcos no cash anyway.
If a/c receivable is due from reputable Co., vivo can factor-out to Bank for some cash-flow And stop paying / using its 53mil Cash. I think can survive another 1 or 1.5years---nasi lemak or Roti- canai ---3 times a Day----53mil can pay Workers at 20% pay-cut (better than Utusan)
Posted by Useless > Aug 23, 2019 9:45 AM | Report Abuse
Most useless is Darth. 7000 posts here no help Vivo.
I think you guys should refocus on your investment instead of blaming someone.
The company suppose to help the investors to gain value on their investment and not someone in the forum. We all here to keep toe on the company progress and questions the Board/Company...))
Have to ask Mr. Choo, he is the one to promote the stock. Is very bad to lurked the IB. I really pity those who chase from 0.30. What kind of reputation this company has demonstrated.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cendolpulut
292 posts
Posted by cendolpulut > 2019-08-06 19:05 | Report Abuse
rubbish