Posted by thestockoracle > 2020-11-01 12:01 | Report Abuse

https://www.malaymail.com/news/malaysia/2020/10/31/budget-2021-construction-industry-hopes-to-play-key-role-in-malaysias-econo/1918204

Posted by thestockoracle > 2020-11-01 12:01 | Report Abuse

Budget 2021: Construction industry hopes to play key role in Malaysia’s economic recovery, says senior minister

KUALA LUMPUR, Oct 31 — The Works Ministry hopes that the construction industry will continue to receive attention in Budget 2021 and be the core of the government’s efforts to restore the country’s economy in the face of the Covid-19 pandemic.

Senior Works Minister Datuk Seri Fadillah Yusof said major construction projects such as the Mass Rapid Transit Line 3 (MRT3), East Coast Rail Link (ECRL), High-Speed Rail (HSR) and Pan Borneo as well as several highway projects should run smoothly and serve as a catalyst for the growth of the construction industry.

He also hoped that Budget 2021 would give attention to certain high-priority projects, such as the remaining packages for the Central Spine Road (CSR) and Jalan Kota Bharu-Kuala Krai projects that have not yet been approved, namely the route between Kuala Krai to Gua Musang as well as alignment connecting Bentong to Karak.

Posted by thestockoracle > 2020-11-01 12:02 | Report Abuse

once the budget is passed, construction stocks will fly again... with or without gloves...

Posted by thestockoracle > 2020-11-01 12:03 | Report Abuse

Finance minister: Budget 2021 to be bigger than Budget 2020, govt will not reduce projects but will spend more to ‘restart’ Malaysia’s economy
Sunday, 01 Nov 2020 11:24 AM MYT

KUALA LUMPUR, Nov 1 — The Malaysian government intends to spend more money next year with Budget 2021 expected to have a bigger allocation than Budget 2020, in order to create more jobs and to “restart” Malaysia’s economy, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has said.

In an interview with Malay-language paper Sinar Harian, Tengku Zafrul said he could not reveal the figure for Budget 2021 which will be tabled in Parliament next Friday, but confirmed that the expected government expenditure amount for the year 2021 would be more than the amount allocated in Budget 2020.

When asked if the government would cut back on spending for development projects under Budget 2021, Tengku Zafrul said the government instead intends to spend more on such development projects next year, while saving money on operation costs.

Posted by thestockoracle > 2020-11-01 12:03 | Report Abuse

huat ah....

Posted by thestockoracle > 2020-11-01 12:13 | Report Abuse

Finance minister: GLCs need to help restart Malaysia’s economy and create jobs, not slow down investments

KUALA LUMPUR, Nov 1 — Government-linked companies (GLCs) should step up now to help drive Malaysia’s economy amid the Covid-19 pandemic by spending and investing more in projects and creating jobs, instead of cutting back on investments, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has said.

In an interview with local daily Sinar Harian published today, Tengku Zafrul said that the government currently needs support from the private sector, GLCs and government-linked investment companies (GLICs), urging GLC and GLIC leaders to change their mindset due to the pressure on the economy and the difficulties faced by the public.

“The government will do what it can but GLCs and GLICs also need to help restart the economy, create job opportunities and so on. I’m confident that such efforts will help the country a lot,” he was quoted as saying by the paper.

Posted by thestockoracle > 2020-11-01 12:14 | Report Abuse

I am foreseeing the role Vizione will play in the chain of constructions activities...very obvious construction industry is the key piece to kickstarting the economy again. they have to pump the projects up if the country to recover. it is a necessity which means it is just a matter of near time for this stock to shoot up.

Posted by Alfonso > 2020-11-02 12:16 | Report Abuse

no eyes see lor

Posted by Runneron > 2020-11-03 06:25 | Report Abuse

Gud..keep on promoting..the ceo will be proud..if he read..hihi

Posted by paramon > 2020-11-03 09:40 | Report Abuse

I just want to enquiry Mr.Ng for the progress of HoA agreements with SSN, it is nearly two months, will it going to terminate? Kindly updatelah, why keep silent?

Posted by davidkkw79 > 2020-11-03 10:47 | Report Abuse

If silent means it is just a scam, how to believe it to acquire a glove company just need to pay 5 millions? Definitely is a scam

Posted by Alfonso > 2020-11-03 11:34 | Report Abuse

5 millions can have 2 production line only, supply for a kampung is good enuf, uncomparable to top glove with 750 production lines

Posted by DrHash > 2020-11-05 11:01 | Report Abuse

Monday will start moving....

Posted by maxstore769 > 2020-11-05 11:23 | Report Abuse

will get any + news related ion budget 2021?

Posted by amtheng > 2020-11-06 14:56 | Report Abuse

so quiet on the gloves venture? Others already making so much noise and has moved like AT.

Posted by Runneron > 2020-11-06 16:52 | Report Abuse

Other counter rally so much when market is good..this counter depend on news..no news no up..hihi just sell more pls..need to collect cheaper..hehe

Posted by maxstore769 > 2020-11-06 20:09 |

Post removed.Why?

Posted by davidkkw79 > 2020-11-09 11:01 | Report Abuse

No lar, this vizione not a glove company lar, it is just a misleading announcements of saying acquire a glove company with only 5 millions.

Posted by kuanyap > 2020-11-09 21:07 | Report Abuse

This stock operator very smart one, wait vaccine out, all throw glove stock then only will conclude the glove deal !!!!

Posted by maxstore769 > 2020-11-09 22:51 | Report Abuse

wait for tech rebound

Posted by Runneron > 2020-11-10 09:15 | Report Abuse

Panic sell..hihi

Posted by maxstore769 > 2020-11-10 11:10 | Report Abuse

anybody collect?

Posted by NewbieHAHAHA > 2020-11-10 14:33 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/10/potential-jobs-building-up

Posted by NewbieHAHAHA > 2020-11-10 14:50 | Report Abuse

@ maxstore769, just collect warrants yesterday only

Posted by thestockoracle > 2020-11-10 16:21 | Report Abuse

now is accumulation time when the budget is passed VZ will shoot like a star

Posted by thestockoracle > 2020-11-10 16:22 | Report Abuse

It said potential beneficiaries of the RM1.3bil allocation for construction and upgrading of rural roads for 920km include Protasco Bhd, Vizione Holdings Bhd, Cahya Mata Sarawak Bhd, and Hock Seng Lee Bhd.

As for affordable and low-cost housing projects, potential beneficiaries include Inta Bina Group Bhd, Vizione, and Vertice Bhd.

Posted by thestockoracle > 2020-11-10 17:34 | Report Abuse

PETALING JAYA: The construction sector will benefit from the 38% jump in Budget 2021 development expenditure allocation to RM69bil although concerns about execution risks and political uncertainties remain, according to research analysts.

Maybank Investment Bank (IB) Research said it remained positive on the construction sector, as the surge in gross development expenditure presents sizeable order book replenishment opportunities to contractors over the medium term.

The research unit said the construction sector’s real output is expected to expand by 13.9% in 2021, after an anticipated 18.7% fall in 2020.

Posted by maxstore769 > 2020-11-10 21:43 | Report Abuse

hope

Posted by paramon > 2020-11-11 09:27 | Report Abuse

@davidkkw79 agree, if Mr.Ng dun update any information regarding SSN acquisition and keep mouth shut means much chance he is scamming the investors for unload share, already gradually sell off my portion and move to more trustworthy counter like Mahsing.

Posted by maxstore769 > 2020-11-11 10:43 |

Post removed.Why?

Posted by thestockoracle > 2020-11-11 21:20 | Report Abuse

the future of vizione does not lie with the gloves acquisition, vizione's main income source is still construction. why all this hype about gloves? sounds irrational to me. want to invest in globes, go and buy top glove or carepls

Posted by Alfonso > 2020-11-12 16:34 | Report Abuse

luckily vizione never involve much in glove, 2 lines good enough

Posted by garychee8 > 2020-11-13 09:53 | Report Abuse

buy now

Posted by maxstore769 > 2020-11-13 11:41 | Report Abuse

somebody is collecting. make new high low

Posted by Myeye > 2020-11-17 12:05 | Report Abuse

~.~

Posted by tikuskecik > 2020-11-17 22:07 | Report Abuse

collect until now leh.......move la cepat ....

Posted by canbuyla > 2020-11-17 22:09 | Report Abuse

Dato Ng got money meh ?

Posted by maxstore769 > 2020-11-18 11:42 | Report Abuse

x ada orang mau push kah?

Posted by Survivor13 > 2020-11-19 10:53 | Report Abuse

vizion will move today. good news coming.

Posted by buzzoff > 2020-11-19 15:30 | Report Abuse

buy buy buy, construction on recovery mode now, more & more new are coming!

Posted by hoot9eonly > 2020-11-19 16:45 | Report Abuse

Chart seem getting stable . If construction recovering soon . Probably can go further . Looks good

Posted by maxstore769 > 2020-11-19 17:43 | Report Abuse

vizion will move today. good news coming.

''''''''''''


share link please

Posted by Myeye > 2020-11-20 15:10 | Report Abuse

~.~

Posted by hoot9eonly > 2020-11-23 12:16 | Report Abuse

Plug in some cash first. Hehehehe... Good counter that not yet been discover. Good feeling something is coming.

Posted by Runneron > 2020-11-23 12:21 | Report Abuse

Hehehe

Posted by jinxstock20 > 2020-11-23 13:07 | Report Abuse

hoot9eonly, bro.... You think this counter ok mou ?

Posted by hoot9eonly > 2020-11-23 13:18 | Report Abuse

I masuk small small nia. Not much people promote yet. . Can try lo. Saw it at another forum on Friday . some more the plan line is 12, current is 9 . . Capex 30m . Not sure about current qr outcome but I guess next qr should be good. Additional , if got people want goreng about glove story . Another case la .hahahaha

Posted by hoot9eonly > 2020-11-23 13:47 | Report Abuse

And construction is back to track. Another opportunity.
Pandemic continue , glove stock.
After recover , construction.
Win win stock . I think got chance

Posted by buzzoff > 2020-11-23 15:07 | Report Abuse

yes hoot9e, after the plummet from MCO, vizione is on recovery mode now

Posted by buzzoff > 2020-11-23 15:07 | Report Abuse

really a good oppurnity to buy in now