john doe: Hopefully today can close above the big candle drop of 23 May due to panic selling. Normal consolidation price range should be 0.375 - 0.43. 10/06/2019 3:39 PM
next week qr release, price diam Siam down instead of up. if u check record, before good qr release, it will diam Siam move up.... hope I am wrong, still holding big vis paper
"Higher inventory as at 30 April 2019, RM16.6m as compared to RM15.2m as at 31 October 2018 due to potential sales of the company." - I chose to believe in the management due to the nature and way of their business style. So, the potential is there increasing revenue. All these is like unbilled sales.
"There was an increase in the cash and cash equivalents from RM11m as at 31 October 2018 to RM14m as at 30 April 2019 mainly due to receipts from customers." - That is a 8+ cents/ share with 14m cash and NOSH of 170m. Share price of 0.33-0.375 is a big discount. - Total liabilities is only 8m. VIS will definitely survive even if in winter.
"Decrease in trade receivables from RM19.4m as at 31 October 2018 to RM9.7m as at 30 April 2019 due to collections from customers." - Again, this showed the nature and way of their business style.
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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....
JokerT
1,391 posts
Posted by JokerT > 2019-06-11 09:08 | Report Abuse
this week can break 0.40 TP, better collect some