Quick take: Vivocom continues to slide, GETS slips TheStar Thu, Nov 26, 2020 11:03am - 12 minutes ago
KUALA LUMPUR: Shares of Vivocom and GETS Global fell in mid-morning trade on Thursday as the stocks came under selling pressure after the recent rally.
At 10.40am, Vivocom fell 11 sen to 74.5 sen with 259.58 million shares done. This is the lowest since Nov 4 and off the recent high of RM1.92 on Nov 19.
GETS also lost 11 sen to RM2.85 with 9.64 million shares. It had surged to a high of RM4 on Nov 17.
The FBM KLCI fell 0.83 of a point or 0.05% to 1,596.75. Turnover was 2.52 million shares done valued at RM1.21bil. There were 436 gainers, 423 losers and 468 counters unchanged.
GETS recent price surge in the absence of any fresh news and its unusual market activity had seen Bursa Securities issuing a caution to investors.
GETS provides public transport services consisting express and stage bus operations; and the assembly, sale and after-sale of buses.
As for Vivocom, its core activities comprise of construction, aluminium design and fabrication, and telecommunication engineering services.
the operators that goreng from RM1 to RM3 is clever. the operators that take over RM3 to goreng is stupid.
RM1-RM3 is easy. RM3 to RM9 is tough.
I don't care how big you are. U might as well find something 50sen and goreng to 4.50. Just because you are rich doesn't mean u are smart. I think this round, u would be lucky if u can take back what u put in. At the end, likely what you have risked is not worth the profit or effort. That's for sure, not very smart.
A lot of negativity on Gets. They are no longer a bus/transport company. Given all available announcement and tomorrow's EGM, I think the diversification is really taking place but question is whether share price already factored in?
Something hot is brewing!!! Smart operator - limit up on Wed / Today - volatile but down minimal / Tomorrow - will be limit up - big big news around 3.30pm
I've been searching and reading up on Latexx Partners Bhd. This Gets real! Congrats to those who did homework earlier. I think going limit up leading up to EGM today.
First, PP, big boss Mr. Invisible want to put money in. Do you think the boss want to help the company debt or want to earn more money? If you are the boss, what do you want?
Second, diversification in business. You can try to dig some previous proposal. Then you know the idea.
New owners putting in fresh capital definitely good sign. Knew something big coming after reading the diversification proposal. Monday????? Good luck everyone.
Tahniah MR INVISIBLE!!! We trust your vision. As Jack Ma said if your dream is not scary then your dream is not big enough! Itu la jgn ketawa Ini bas bukan sebarang bas....driver rehat skejap di R&R.
New owner pumped in more than RM85mil with PP (see circular). Factory approval submission was submitted way back in July! (all info in circular). Have the factory construction started and when to complete? Now I know why GETS went up like crazy past 4 months since change of shareholders. Still a lot of upside??
QR is very good NTA: RM3.27. ASIAFLE 2.000 +0.1 (+5.3%) Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020 ASIA FILE CORPORATION BHD
Financial Year End 31 Mar 2021 Quarter 2 Qtr Quarterly report for the financial period ended 30 Sep 2020 The figures have not been audited Attachments AFC - FY2021 2Q Quarterly Results Announcement.pdf 671.7 kB Default CurrencyOther Currency Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2020 30 Sep 2019 30 Sep 2020 30 Sep 2019 $'000 $'000 $'000 $'000 1 Revenue 66,605 73,304 111,257 150,903 2 Profit/(loss) before tax 14,456 8,842 15,556 20,978 3 Profit/(loss) for the period 12,683 7,099 13,314 16,825 4 Profit/(loss) attributable to ordinary equity holders of the parent 12,690 7,079 13,340 16,807 5 Basic earnings/(loss) per share (Subunit) 6.52 3.63 6.85 8.63 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($) 3.2957 3.2149
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....
Stockisnotfun
5,143 posts
Posted by Stockisnotfun > 2020-11-25 22:17 | Report Abuse
Wah this GETS really macam cockroach. Unkillable.