Jinglebell Pigilah tengok eduspec & jag selepas conso apa jadi ya,jgn buta buta kena makan pun tak tau
Yes, this is the modus operandi for Vivocom and its gang, which is why Rights Issue is around the corner once consolidation is completed.
Don't worry there will always be fish to be caught in the net since the open sea is so big. Hope the best for those that will be caught in the future! We already mark our grave here, so just post some comments once in a while..
Lordruben. Goreng Stock means from a certain point of view.... A company has got people pumping in money working outside on how to manipulate the share price with volume held. Like for example. Vivocom. You will not know when the sudden volume of sell/buy can go up down in millions.
The problem with Vivocom today is... 6 Billion shares issued from stupid reasons by the company Directors for years. They have been doing it since Instacom era only not being caught for manipulation.
It's no joke, for share consolidation 1:10. I wouldn't have mind 1:5 or 1:3. Which stupid idiot with 6B shares suddenly wants to do this 1:10? If closes @ 0.10 at ex-date than the share price will be Rm1.00. Who wants to buy? Unless the company has got super-duper investment in their'Ketiak' to unlish.
If, I'm not scared that my share price will be Rm1.00 tomorrow after consolidating. Come out and talk what's your plan for the company and it's share price.
Now, for the past 2 months. Look at the Top 10 movers with volume and how much had the price moved. Look at Vivocom with volume and price movements. Top 10 past two months also goreng but price got move up significantly to make money.by Retailers. How and not with Vivocom?
Don't play with Vivocom. Unless you know what's really happening with the company. Full of Sharks waiting to get lost their holdings before consolidation. Let them DIE!
Announcement details GENERAL MEETINGS: Outcome of Meeting VIVOCOM INTL HOLDINGS BERHAD Type of Meeting : Extraordinary Time: 11:00 AM Date of Meeting: 17 Sep 2020 Outcome of Meeting: The Board of Directors of Vivocom Intl Holdings Berhad ("the Company") is pleased to announce that the resolution as set out in the Notice of Extraordinary General Meeting ("EGM") dated 28 August 2020, was duly passed by way of poll at the EGM held on 17 September 2020. The result was validated by Aegis Communication Sdn. Bhd., the Independent Scrutineer appointed by the Company. This announcement is dated 17 September 2020.
Voting Results 1. ORDINARY RESOLUTION Description: PROPOSED SHARE CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN VIVOCOM (VIVOCOM SHARE(S) OR SHARE(S)) INTO 1 VIVOCOM SHARE (CONSOLIDATED SHARE(S)) (PROPOSED SHARE CONSOLIDATION) Shareholder’s Action: For Voting Voted For Against No. of Shareholders 20 8 No. of Shares 2,075,410,344 371,283 % of Voted Shares 99.9821 0.0179 Result: Accepted
Wow, good news ! The resolution of Share Consolidation 10:1 was accepted & passed As for today's price of 0.05, 0.05 * 10 , the price after consolidation will be 50 cents ! Total number of shares(NOSH) will be reduced from 5,665 Million to just 567 Million shares nia.
So, with less number of NOSH and it's price is not cheap (No more <10 cents) , it means will attracted more multinationals big investor funds to buying into Vivocom !
Like that tommorrow Vivocom will spike up like mad to limit up and break above 10 cents or 20 cents already !
Thank you for your explanation siva68. really appreciate it. i was just asking what is Goreng stock because i saw one of the comments mentioning that. But how do we identify goreng stock out there...ermmmmm
See. No one knows what's really happening with this company for doing it's drastic consolidation 10:1. If bought @ 0.02-0.025, still looks save after exercise, that means you might not loose out if the share price drops. If thinking of going in to buy now, than I'll think twice. But anyhow, in share market, your money, your decision.
and i kenot tahan another round of share consolidation.
last one was icon offshore. mind you my entrance was on the low side. and yet, after fucking 50 to 1 share consolidation my avg price per share is now RM 9.45. and the fuck trades at 12.5 sen.
all because directors follow academia that shareholders bear all the risk. the greedy banks were paid in full. fucking stupid directors.
the company was so in bad shape, just issue ultimatum to the banks la. take 20 sen to the dollar your money back, or icon go bankrupt. the hell with the 50 to 1 consolidation.
That’s why watch out , you will see sudden spike coming soon like Pablo and Macpie, but solely goreng. Once hit quick sell don’t greedy .
Icon issue is due to company never earn. That’s why Vivo smart share PL at least not loosing is good.
Share trading come with lots of factor. Not just single account but world I assume. Our pandemic not ending yet , who dare for come out money to trade share? US also not stable been trade war with china: our government is not stable as too many greedy around cause no investor coming in.
As businessman we only follow the flow. Just calm and observe. Happy trading
Only possible way for this counter to go up after 10:1 is.... To announce that I'm jumping into the bandwagon of producing 'GLOVES'! If tak da than no property or any Telco tower is going to help in the near future. So what's up with the SHARKS????
If bought @ 0.02-0.025, still ok. Can keep for the wait and see game. If lucky... GLOVES than it's JACKPOT! Rm1.00 pun Boleh. IF no news than still ok also if price drop. You can still escape before price reaching 0.20-0.25.
Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats ! So that our politic will be stable for another 3 years till 2023 election ! It’s good for our economy, like that next week KLSE will be spike up like mad already !
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....
pari57
439 posts
Posted by pari57 > 2020-09-12 06:03 | Report Abuse
Sharks