Hi. Guys. Not here promoting or discouraging anyone from buying. Decision is always yours because it's your own money. For me and many others are stuck here since 4 years ago. So, maybe accumulating more is definitely not in my portfolio with this counter. Yes, it's very difficult to make a judgement once you've been burnt badly with these type of stocks. If there's a renewed interest or good order books coming in or good profits going to be shown than there's always a thing that share price will go up tendemly. We Retailers, will only know last why the price is suddenly going up, if. (Owners & Big Players already know earlier). This shouldn't be a blame game ' I told you so to buy earlier'. For me, it's a wait and see game since I don't have the risk. For others, you're most welcome to play your own game.
I've gone through the 90's so called tech 2nd liners like nobody's business went up in price. Thereafter all Hilang! Many lost. From 2000-2010, many 2nd Liners were registered with all Sharks playing. Also All Hilang. Retailers Lost! Free to check. 2011-2020, whatever leftovers are being played in the stock market and our Retailers keep following to make a quick buck am
It won't fly without a reason, also institution investors are not interested in the counter. With 5.6 billion of shares and only small players, it will be a miracle to see the stock moving.
Estimated upcoming QR to be negatively impacted by MCO and economy. Almost zero potential for goreng at the moment, hence please expect many many more months of price stagnant.
Market is directionless now, papa sharks all resting until the sky is clear. Vivocon is not spared also, it fares much worst than most (lousy down-trending stock, bad image, many curses projected into the company), insiders concern about keeping salary than risking into external ventures. Sad but true.
Also, don't hope anything from the annual report, just your usual retailers in the top 30 holders.
Yeah, just sold all free WE warrant since it went up 1 buy/sell bid recently.
Surprisingly that is one good thing about the counter, the buy/sell bid for both mother and warrant is allowed to move 1 or 2 bid higher than its previous bid which has been side way for years already...
Consolidated results for the financial period ended 31 Mar 2020 Vivocom Intl Holdings Berhad
SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020
INDIVIDUAL PERIOD (In RM) Revenue: 12,503,000 (12.5 mill) Profit/(loss) before tax: 2,896,000 (2.9 mill) Profit/(loss) for the period. : 2,066,000 (2.1 mill) Basic earnings/(loss) per share (Subunit). : 0.03
tkl88 have posted amazing ! Ong ! huat ah for so long.. he's one of us . money stuck.. try too hard to trap new buyer.. careful newbies... value your money...
B3. Prospects for 2020 The Group’s activity, especially under the Construction segment, were picking up pace from January 2020 onwards, before being abruptly halted on 18 March 2020 due to the stop-work order under MCO. The Group’s major subsidiary companies successfully applied to MITI for the resumption of work during the initial phase of CMCO and were able to open our offices earlier than most, subject to the premises adhering to the necessary safety protocols and SOPs. Current Immediate Year Preceding Quarter Quarter 31.03.20 31.12.19 (RM'000) (RM'000) (RM'000) (%) Revenue 12,503 4,808 7,695 160.0 Operating Profit 3,155 960 2,195 228.6 Profi before tax 2,896 572 2,324 406.3 Profit after tax 2,066 236 1,830 775.4 Profit attributable to equity holders of the Company 91 1,417 1,326 1,457.1 Changes7 To-date, all business functions of the Group has resumed their normal operations and all project sites have resumed operation. Notwithstanding the almost 2 months delay due to the stop-work orders, we have activated contingency plans to mitigate the disruptions, and revised our schedules accordingly to make up for the loss time as much as possible. Barring any further unforeseen circumstances, the Board is cautiously optimistic on the prospects of recovery given the success of the present containment measures and the various stimulus packages initiated by the Government.
Latest QR report has not been audited, so anything goes. Even with the positive results, again no institutional investor is interested at all. This shows how hard it is to move such a tarnished counter with 5 billion shares and tiny capital.
Upcoming September QR should be in negative due to 2 months inactivity from mid March to early May. Unless company can say billings are good from previous milestones etc etc.
To expect any movements within short term, wait for annual report to check the top 30 holders. Because do you think an institution investor would put money in this industrial freezer unless there is a plan in place?
Institution investors normally not in ace market, especially penny stocks. Yet u see so many penny stocks fly high. All penny stocks take turns to goreng whether u like it or not. Don't be too serious..
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....
Hidup_Anwar
1,010 posts
Posted by Hidup_Anwar > 2020-06-25 15:52 | Report Abuse
With uncertain vote base, analysts say Anwar’s PM bid hinges on East Malaysian support
https://www.malaymail.com/news/malaysia/2020/06/25/with-uncertain-vote-base-analysts-say-anwars-pm-bid-hinges-on-east-malaysia/1878615