VITROX CORPORATION BHD

KLSE (MYR): VITROX (0097)

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Last Price

3.64

Today's Change

-0.06 (1.62%)

Day's Change

3.64 - 3.70

Trading Volume

416,500


5 people like this.

2,188 comment(s). Last comment by RonnyWu 2 days ago

Posted by stockmanthekoonman > 2017-04-28 13:25 | Report Abuse

Kyy knows nothing and has zero business acumen or any of that dynamic mojo whatsoever.

His investing is no different from a game of baseball. Swings a dozen times, and he relies on that one strike to score a homerun. Quick and disciplined cut loss strategy to minimise errors (sounds like a cpteh to me). Score a dozen home-runs over 40 years and claims himself to be a super investor.

Odds are better on the roulette table.

Posted by stockmanthekoonman > 2017-04-28 13:27 | Report Abuse

he has discipline. i give him that.

Posted by stockmanthekoonman > 2017-04-28 13:28 | Report Abuse

That being said, vitrox is far from a homerun stock. More like a red/black bet in roulette.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-28 19:32 | Report Abuse

there is no such thing as a guarantee stock or home run stock

but stock market will reward people for risks well taken with X factors and later proven correct.

must read whole AR, not just the audited accounts.

VenFx

14,784 posts

Posted by VenFx > 2017-04-28 19:34 | Report Abuse

COME TO CONQUER THE MISTERY 'X'
IN ROOSTER REBAN xp

sosfinance

1,305 posts

Posted by sosfinance > 2017-04-29 12:26 | Report Abuse

Good biz (Yes), good people (Yes), good price(?) Yes, good price, even at today's level, with expansion of output 3-4 times from today.

Posted by a7050669 > 2017-05-01 11:34 | Report Abuse

Stockmanmy, I fully agree with you, especially when the new factory in operation late 2017.

Posted by resilient911 > 2017-05-02 09:47 | Report Abuse

Warrent Buffett only has 4 rules:
1) A stock must be stable and understandable.
2) A stock must have long term prospects.
3) A stock must be managed by vigilant leaders.
4) A stock must be undervalued.

pang72

50,364 posts

Posted by pang72 > 2017-05-02 19:19 | Report Abuse

VITROX CORPORATION BERHAD ("VITROX" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 236,305,050 NEW ORDINARY SHARES IN VITROX ("VITROX SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING VITROX SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE")

pang72

50,364 posts

Posted by pang72 > 2017-05-02 19:20 | Report Abuse

every one....tomorrow is VITROX daysssssssssssssssssssssssssssss

pang72

50,364 posts

Posted by pang72 > 2017-05-02 19:20 | Report Abuse

Spicy and HOT!!

mamatede

3,950 posts

Posted by mamatede > 2017-05-02 22:12 | Report Abuse

Many peneng boss getting rich lately, to name a few vitrox, jhm, penta, etc. hahaha Millionaire, billionaire, what is the possibilities?

suregain

1,611 posts

Posted by suregain > 2017-05-03 09:34 | Report Abuse

scam... morning chase sure die

Posted by wumingxiaoshuai > 2017-05-05 14:03 | Report Abuse

hold it until split! =)

musangfoxking

3,599 posts

Posted by musangfoxking > 2017-05-09 22:49 | Report Abuse

suregain scam... morning chase sure die
03/05/2017 09:34
------------------------------
talk like a soHAI!!!!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-09 22:50 | Report Abuse

die?

where got die?

maxweng

30 posts

Posted by maxweng > 2017-05-10 10:58 | Report Abuse

To all Sifus here, what is your thought about Vitrox now? can still jump in?

suregain

1,611 posts

Posted by suregain > 2017-05-10 11:43 | Report Abuse

Hlib gave to to rm4.70 only

musangfoxking

3,599 posts

Posted by musangfoxking > 2017-05-10 11:48 | Report Abuse

if u believe Hlib , u shudnt be here!!!!

kent98

136 posts

Posted by kent98 > 2017-05-10 13:36 | Report Abuse

It's liquidity is extremely low, and I believe a lot are insiders or their own employees, it's a tightly controlled counter, I believe they will push it as high as possible, down side risk should be low. If this month they release blow out results (meaning good results which beats both QoQ and YoY), RM10 is possible.
Some people think that tightly controlled and low liquidity is bad, but in this case, I see it as a good thing. Think of it this way, there is no reason the insiders / inner circle want this share to drop, right?

kent98

136 posts

Posted by kent98 > 2017-05-10 13:39 | Report Abuse

Having said that, stock investment always got risk, there is no sure-win stocks. Buy, sell or hold, make your own decision.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-10 13:45 | Report Abuse

kent is mature.

very mature.

this share insiders buying like crazy.....and I thought they will sell on announcement of bonus....but they didn't.....

$ 10? looks that way to me......buy and hold to next result.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-10 13:50 | Report Abuse

after reading through the annual reports and resumes of directors of technology companies, I find this the most impressive in Malaysia.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-11 17:38 | Report Abuse

Why today (Thursday) so many sellers. 6.19 (540,00), 6.20 (595,00), 6.21 (4965,00), 6.22 (10,00), 6.25 (210,00)? I thought it is like KESM and JHM with very low free float.

kent98

136 posts

Posted by kent98 > 2017-05-11 23:31 | Report Abuse

Ya, selling pressure today was high, that made me a little worry too, hopefully nothing bad is coming.

kent98

136 posts

Posted by kent98 > 2017-05-12 17:43 | Report Abuse

Today selling pressure seems gone, hopefully uptrend resume.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-15 16:00 | Report Abuse

There is no bad news to make Vitrox crash 22 sen today. Buy in now.

Posted by Adrian Keat > 2017-05-15 16:31 | Report Abuse

What happen suddenly crash ?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-15 17:43 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES VITROX CORPORATION BERHAD ("VITROX" OR THE "COMPANY") PROPOSED BONUS ISSUE OF UP TO 236,305,050 NEW ORDINARY SHARES IN VITROX ("VITROX SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING VITROX SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE")

10. APPLICATION TO THE RELEVANT AUTHORITIES
The application to the relevant authorities will be made within 2 months from the date of this announcement.
11. ESTIMATED TIME FRAME FOR COMPLETION
Barring any unforeseen circumstances and subject to all required approvals being obtained, the Proposed Bonus Issue is expected to be completed by third quarter of 2017.
This announcement is dated 2 May 2017.
==================================================================

Why Vitrox needs two months time to prepare the paper work to apply for bonus issues? JHM needs only 5 market days to make the application. And amazingly, the next day, Bursa Malaysia approve the application.

Posted by Adrian Keat > 2017-05-16 09:47 | Report Abuse

What happen crash again

Posted by a7050669 > 2017-05-16 12:11 | Report Abuse

Buying opportunity ...

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-16 15:22 | Report Abuse

Got to wait for the 1 st quarter result announcement and paper work preparation for bonus issues application to go up.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-16 20:10 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5427893

Pursuant to Paragraph 9.19(51) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of ViTrox wishes to announce that the Company has on 16 May 2017 (“Offer Date”) offered the following options to its eligible Directors and employees to subscribe for new ordinary shares in the Company (“Shares”) (“Options”) under the ESOS in accordance with the ESOS by-laws of the Company:-
(a) Option price per Share is RM5.58
(b) Number of Options offered are 795,000 Shares.
(c) Market price of ViTrox’s Shares at the close of the market on the Offer Date is RM6.08.
(d) Number of Options offered to each Director and the persons connected with them - NIL
(e) The Options are vested on the Offer Date.
This announcement is dated 16 May 2017.
===================================================================
Bad news! Will hold until announcement of 1 st quarter results but will not hold until bonus issues. It will take some time for the 795,000 shares to be listed and then the eps will be diluted.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-17 19:02 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5428913

After 10 market days of waiting, finally Vitrox managed to complete their paper work and summit their application of bonus issues to Bursa Malaysia (even though they said they need 2 months time). Usually after 5 market days, it will be approved and we can expect a relief rally which what JHM did last time.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-18 18:53 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5429985

Q1 results is good but market sentiment is bad. Dow Jones futures drop another 90 points at the time of writing.

maxweng

30 posts

Posted by maxweng > 2017-05-20 12:11 | Report Abuse

Monday will be interesting...

Posted by a7050669 > 2017-05-22 11:14 | Report Abuse

Now, even HLIB analysist upgraded the target to $7.03...

Posted by wumingxiaoshuai > 2017-05-22 17:37 | Report Abuse

ViTrox up up up!

Posted by Minniemickey > 2017-05-23 22:21 | Report Abuse

Close at 6.72!

ahhuat02

280 posts

Posted by ahhuat02 > 2017-05-24 11:48 | Report Abuse

goreng rcecap lo now breaking new high!!!

kingis

15 posts

Posted by kingis > 2017-05-25 23:34 | Report Abuse

tomorrow will another jump high. bonus announced

kingis

15 posts

Posted by kingis > 2017-05-30 21:47 | Report Abuse

y keep drop...

maxweng

30 posts

Posted by maxweng > 2017-06-01 23:04 | Report Abuse

Coming back slowly now...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-06-05 10:31 | Report Abuse

I am smart enough to buy Vitrox at $5....just not smart enough to sailang.

Posted by Lau Teck Sing > 2017-06-05 14:31 | Report Abuse

@stockmanmy.. now still can sailang, if u want..

Posted by Weehung Chua > 2017-06-05 17:08 | Report Abuse

Really sailang

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-06-12 22:10 | Report Abuse

It’s all over for the FAANG stocks
[MarketWatch]
MarketWatch12 June 2017

When super-momentum stocks like Facebook, Amazon.com, Apple, Netflix and Alphabet (Google) crack, they fall hard and may take years to recover their former glory.

https://sg.finance.yahoo.com/m/378c6bd3-6a65-3564-b418-d14e7655d7dd/ss_it%E2%80%99s-all-over-for-the-faang.html

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-06-12 22:15 | Report Abuse

wow, vitrox still above RM 7.00, quickly sell before it's too late. at this price super sell recommendation. anytime can buyback at lower price

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