One of the main reason why Vivocom share price became this low is because of too many free warrants introduced throughout the years besides the main reason which is 'Not showing profits' or growth in their order books.
The best solution for the moment will be.... 1) Consolidate the shares. 2) Possible, extend the expiry of WC & WD 3) Get in new order books for the future. These are the possibilities which can help revive the share price... Not by giving more Free warrants!
Nope, totally wrong ! The best solutions will be : 1)Free warrant=> Vivocom-WF giving to shareholders to repalce Vivocom-WC 2)Free warrant=> Vivocom-WG giving to shareholders to repalce Vivocom-WD 3)Announce dividend 4)Announce going to move to MainBoard 5)Announce the grabbing of new projects
If all these solutions as i mentioned above implemented, Vivocom's share price definitely will spike up to the sky i.e break above RM1.00, RM2.00, RM3.00 or even higher !
tkl88. Don't understand your equation of WC & WD being replaced by WF & WG! There's no such thing in warrant history that one can replace an existing warrant. Have you done your homework? Sorry, not being insulting.
tkl88, if an existing warrant expires than that's it. Burn! Unless the company wants to extend the expiry date. If you introduce new warrants, than the mother share price will go down! So, why want to introduce new warrants, in Vivocom's case, the price is at sickly bottom @ 0.015?
Must also know about, how new warrants are given together with Rights Issue (RI). When RI is introduced, than your share base increases also. Than your price/share after listing goes down accordingly.
Let's take an open view....... If I have a share (running my own listed company) which with good order books and hardwork has gone up from 0.20 to 1.00, ... And I feel that there's more improvement but small shareholders cannot buy because became too expensive.... Than I'll sincerely come out with RI plus warrants (if needed) to dilute my shares, So that more people can invest and make my company grow!
I mean after Vivocom-WC expired on 22 Jan 2020 (1 month 17 days), then announce give shareholders one to one free warrant=> Vivocom-WF (Exercise price=2 cents)
Then after Vivocom-WD expired on 8 July 2020 (8 months later, very soon nia), then announce give shareholders one to one free warrant=> Vivocom-WG (Exercise price=3 cents)
You got what i mean? Do you know there are very common the listed companies giving free warrant as bonus to shareholders without any RI ? I'm very desperate to own Vivocom-WF & Vivocom-WG very very soon !
Why cannot rewards shareholders? W is FOC to shareholders you don't know?
If you introduce new warrants, than the mother share price will go down! So, why want to introduce new warrants, in Vivocom's case, the price is at sickly bottom @ 0.015? 05/12/2019 6:31 PM
Current price 0.02 (Market Cap = RM 113 Million nia), was very very undervalue for a good reputable profitable company !
In onder to fulfill listed in Main Board, it's Market Cap at least need to >= RM 500 Million (which is 5 times from current Market Cap) So, it's share price should at least=> 0.02 * 5 = 0.10 (i.e at least 10 cents only eligible to be listed in Main Board) !
This day will come in soonest of time, for those who not yet onboard, should enter the last boat before the boat reached Suzhou, if not you will be regret later !
Vivoforever1, you're really a confused person. If keep introducing free warrants, mother share price will go down in tendem. Once given and when you don't have New Order Books to move forward than price of all become stagnant!
Vivoforever1, If you feel that I'm repeating than you and tkl88 have been promoting for years without any progress! You people, just buying time to shout the day when price goes up.... 'I told you'll so to buy early'! Who doesn't know about this?
Vivoforever1 & tkll88. Have some standard lah! If Vivocom goes up in future, I will still be happy because I can offload my holdings like many others whom are stuck! People whom already bought 3 years ago and got conned, will not accumulate over here.
If you'll are promoting for new people to buy, please go ahead. No one is stopping. Yes, there can be a sudden change in profits coming in after 3 years of order books pending. So, it's a win situation for current shareholders!
No matter how much everyone talks here, unlikely this counter will be picked up by majority of traders. Using automated program, fundamentals, technical charts, anything that can be calculated does not bode well here. I believe only things outside of calculation can help this counter.
Lot of "buy" transactions today, let's see if this trend continue tomorrow, if yes......engine may start ahead Q4 result, hope 0.02 won't finish so soon. hehehe.................
-current price of 2cts against NTA 8cts -Turn around quarter of net profit of RM2.485M -low gearing -3 main businesses construction,Aluminium(Neeta Aluminium) and telecomunication fiber. - plus points far outweigh negative points
The Dow Jones powered toward record highs on Thursday after the US and China brokered a last-minute trade deal to present to Trump. | REUTERS/Kevin Lamarque
The Dow Jones soared back toward record highs after the US and China reached a “phase one” trade deal. Boeing (BA) stock weighed heavily on the Dow 30 after China expressed concerns about the 737 Max jet. Goldman Sachs remains optimistic for 2020, forecasting a low chance of a stock market-rocking recession. Following a midday hiccup, the Dow Jones rocketed back in late afternoon trading to approach the record high it set earlier in the day.
The catalyst for the recovery was Bloomberg’s report that the US and China had reached an agreement in principle on the “phase one” trade deal that investors have been waiting on since October.
Walaoeh... Latest news=> US and China finally reached a “phase one” trade deal ! Hosei liao lar this this our stock market ! Market are so bullish now ! 2020 onwards will be prosperous years ! KLSE going to break 2,000 points soon ! Huat ah ! Heng ah ! Ong ah !
Wow, what happend ? Today KLSE spike up to 1,599,11 points (+22.16)(1.41%) Like that by next week (end of 2019), KLSE probably will spike up to closed above 1,700 points liao lah !
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Bullish: when Plus Directional Indicator (+DI) is above Minus Directional Indicator (-DI) and ADX is more than 25
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Siva68
1,858 posts
Posted by Siva68 > 2019-12-05 15:46 | Report Abuse
Good article by kcchongnz. A better insight on what exactly happened to this company share price.