newbie5354. It's really difficult to say what or where exactly is the company's income is going to come in the future. The company ventured into construction 5 years back when the WIP housing scheme was at the peak. Initially they had in total around 3B worth of order books. This was the reason why the price flied. Thereafter, slowly some of the orders got cancelled, delayed and every investor whom got caught was waiting for the balance of receivables with whatever projects were going on. But as fast as the price went up, it also crashed like shit. When order books were filling, Directors come out promoting. When price diving and dived, Directors all 'Hilamg' . That's the brief story about this company's venture and manipulation in the construction industry.
Anyway, this company wasn't a full fledged in construction. They were more of a middleman with contacts. Getting the contracts than leasing out to the real builders. All in all, it was about getting a cut to make money.
Ha. Ha. Ha. AGM/EGM without fail every year in Sarawak. Ali resolutions are always approved. Who do you'll think holding the bulk of the shares that any resolution cannot be approved?
No one has a clear picture on what's exactly happening with this company. 1) New Director/shareholder in. 2) Drastic consolidation 1:10 Wait & See Game. Win or Loose if onboard. (If after consolidating, announce company moving into glove manufacturing, than most likely win lah) From Rm0.70/1.00 can be Rm2.00-5.00 within days. If no good announcement than kena lanyak again lah masuk 'The Cave!' Can forget about construction announcement if they actually do. How long want to be 'Middleman' keep taking a cut?
why there were so many tickets?...jeng3...wait and see..those who suggest to sell actually queued and waiting..haha..so dont sell lahh..u will regret of what u do then..haha
Vivocom - East Malaysia company. Hope they can get some tower biz. Instacom Engineering involved in telecommunication infrastructure. Sarawak might support local contractor...
Yes, sure... full loaded... Definitely wanted it’s price to goes up lor !
But just now I saw your message saying bye bye 0.045c Pushing down now to 0.04 then I thought u wanted it to go down to 0.005~0.010 to collect cheap Vivo shares... Haha...
Right now almost most of the counters are in their record history low, so u can pick any potential stock in KLSE which it’s price are at their record history low or almost record lowest... Right now the stock I monitoring is Airasia, Coz, it’s today’s price just around 0.67 nia, Previously it’s price was above RM4.50 !
That's why i say extra bullets, u must keep some monies for expenses and must keep working to earned salaries. And the monies invested must not be take out for a long period of time, so that only u can make profits from investing in share market..
When a share comes to consolidation mean habis adi .either u run now or after conso slowly back to below 10cen .and tis counter used to con $$ 1 be smart guys dun always think tat tis round tak sama tis round lai liao
Ha. Ha. Game On. Maybe Win, Maybe 'Masuk balik Cave' This is Vivocom. Welcome to Shark's Play with this counter as 'Darth' mentioned for years. No solid backup by the management and Director on which direction company moving than can say bye-bye!
If bought around 0.015-0.02 than still can wait and see for consolidation game. The Big Question. What was the reason by the management and New Director onboard doing a drastic consolidation 10:1? If any closing after exercise 0.30/ 0.40/0.50 it's not a Retailers playing area. So Why?
Quite sure many have been monitoring or playing our top 20 small cap this year. Many already flied high and many over here would have made some money playing/investing. But have you seen Vivocom flying even when volume is in top 10? Why?
We'll never know on how the price is going to close before 10:1 consolidation. Maybe can kena goreng up or down. This is the risk and luck you'll need with this counter. If bought @ 0.02, no need to worry lah. Just keep it aside and watch the game only. Those holding for donkey years cannot sell is definitely a waiting game but nothing to loose also at present price (because already loosing a lot). Those whom bought @ 0.04-0.055 and still holding....see how luck is.
As I mentioned earlier and many times. Why the sudden drastic move of 10:1? No joke, when Rm1.00 counter, normal retailers would not want to participate and play. Unless got ultra big announcement that this company is moving towards 'Gloves'! Or any other Big announcement. If tak da than please make your own assumption.
So, again the question comes out. Why so 'Secretive' on what this Idiot Directors wants to announce before or after the share exercise? A good company can and always progress. Stupid company's like Vivocom hiding than you'll play with their game. No need to justify anything.
Snap election is the only solution or else it will be like this for a long time. Or maybe after Sabah election. Nobody knows. Pls set your cut lose when you invest no matter short or long term. Don't dumb dumb hold.
Like someone mentioned, this Vivocom is the Goreng King. May also be a big con job. Earlier press releases and the link to big investors was very impressive. Like some of you, I am stuck with lots of Vivocom shares. Earlier, I had to buy in and average out a few times. My average cost is around 25 sen. Sad. I am now left with my Pagoda singlet and sarong
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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....
Siva68
1,858 posts
Posted by Siva68 > 2020-08-30 20:37 | Report Abuse
newbie5354. It's really difficult to say what or where exactly is the company's income is going to come in the future.
The company ventured into construction 5 years back when the WIP housing scheme was at the peak. Initially they had in total around 3B worth of order books.
This was the reason why the price flied.
Thereafter, slowly some of the orders got cancelled, delayed and every investor whom got caught was waiting for the balance of receivables with whatever projects were going on.
But as fast as the price went up, it also crashed like shit.
When order books were filling, Directors come out promoting.
When price diving and dived, Directors all 'Hilamg' .
That's the brief story about this company's venture and manipulation in the construction industry.