Posted by Citadel00 > 2021-01-22 17:32 |

Post removed.Why?

Posted by Bennychua007 > 2021-01-22 18:26 | Report Abuse

Now let the new insvestor control the price lol.

Posted by Bennychua007 > 2021-01-22 22:53 | Report Abuse

YOU DEFINITELY MISSED THIS GREAT VALUE STOCK!
Author: pheimredfund | Publish date: Wed, 2 Dec 2020, 1:15 AM

YOU DEFINITELY MISSED THIS GREAT VALUE STOCK!

Everyone is crazy about glove stocks.

Everyone is crazy about new glove entrants.

But do you know, this company ACTUALLY did takeover an already operating glove factory?



Before I jump into the company, let me share with you a small industry knowledge about gloves. For new manufacturers, the first 6 months IS NOT THAT PROFITABLE for them as it would be the period where they check out the compound mix, efficiencies, fault-testing and so forth.

So, before we all hype about so called “new glove giant” like AT, we need to look at the facts – Gloves industry is not that hard to get into, but its hard to get the latest machinery (Ripcol orders on machinery is full as hell) and raw material as of this moment.

However, this particular company had signed to acquire 51% stake in an already operating glove company, with a capacity of 500 million pieces of gloves per annum and target to triple it by next year.

Remember what I mentioned before?

New glove makers have to go through a “trial and run” period for the first 6 months. But the company that had been acquired – SSN Medical Sdn. Bhd. DO NOT HAVE TO GO THROUGH THE SAME HURDLE AS NEW PLAYERS!

If you are sharp enough (in which I presume you are, otherwise, you will not be reading this article), you would notice that this company is VIZIONE HOLDINGS BERHAD (7070).



VIZIONE (or the “Company”) had officially completed the acquisition of 51% stake in SSN Medical Sdn. Bhd., and they are looking at hitting 1.6 billion pieces of gloves per annum by next one and a half year!

VIZIONE had committed RM 5.0 Million cash to takeover the said amount of stake, but you know whats the fun part? This company comes in with RM 15 Million pre-tax profit or PBT for FYE 31st December 2021.

This is like you buying a house, and the house is paying you triple in instalment for the next year!

So what’s in it for SSN? It’s simple, SSN would leverage the position of being a subsidiary of a listed company, and VIZIONE had committed to invest an additional RM 30 Million to expand the capacity of the company to 1.6 billion pieces of gloves per annum.

WIN. WIN. SITUATION.

Here comes the fun part – half of SSN’s future capacity would be allocated for long-term contract orders, and half of it would be SPOT ORDERS. We all know that now GLOVES = GOLD. IMMEDIATE GLOVES = MORE GOLD.

SSN is now already exporting to Europe, United States, China, and South Africa. They had already a FDA license in place and unlike other companies which they have to apply for one (takes 9 – 12 months for now), SSN would be already making a handsome profit.

Here’s not all – VIZIONE current NTA is over RM 1.00, but the share price is well over it, currently standing at RM 0.430 as at 2nd December 2020.



HELLO? IF THIS IS NOT UNDERVALUED, WHAT OTHER UNDERVALUED STOCKS YOU ARE LOOKING INTO?

Posted by Bennychua007 > 2021-01-22 22:55 | Report Abuse

Let's invest for long term for this company,u will sure get surprised after 6 or 12 months.. Really under value now .And the company already bought the glove company last year ..Be smart investor ...Sure profit soon after this quarter

Posted by MrsLee > 2021-01-22 22:56 | Report Abuse

How long is long term?

Posted by Citadel00 > 2021-01-22 23:58 |

Post removed.Why?

Posted by Citadel00 > 2021-01-22 23:58 |

Post removed.Why?

Posted by 6222 > 2021-01-23 10:51 | Report Abuse

Cita if you got no confident just sell n move to other stocks.

Posted by 6222 > 2021-01-23 10:53 | Report Abuse

Nta is one the many to cal the price of share price. Why holland?

Posted by alex > 2021-01-25 09:31 | Report Abuse

0.2 mau mari ah?

Posted by azta12 > 2021-01-25 09:32 | Report Abuse

out first

Posted by Megan88 > 2021-01-25 09:34 | Report Abuse

Another painful day..

Posted by alex > 2021-01-25 09:35 | Report Abuse

many seller willing cut loss or kena margin call/fore selling.. even lower than Ng's selling price of 0.26 ... still no signal big buyer willing take over yet

Posted by Citadel00 > 2021-01-25 09:42 |

Post removed.Why?

Posted by spielmacher > 2021-01-25 09:42 | Report Abuse

MCO 3.0 rumours give extra damage, next QR will be very bad..expect below 20 sen by next week.

Posted by Megan88 > 2021-01-25 09:57 | Report Abuse

Pk director, pk company, pk government..

Posted by Nancy Boon > 2021-01-25 10:21 | Report Abuse

target up become target down.....what company is this no confidence I keep for uptrend it become low trend shit

Posted by shutupnoob > 2021-01-25 10:27 | Report Abuse

Never ending selling, but company is still fundamentally solid.

Posted by yeochingu > 2021-01-25 11:09 | Report Abuse

oversold..attractive

Posted by zhendehenre > 2021-01-25 11:12 | Report Abuse

Walao...0.230

Posted by SimonKing88 > 2021-01-25 11:19 | Report Abuse

OMG, attractive but Pensan !!! where the bottom??? Free fall without gravity !! Sad !!!

Posted by Citadel00 > 2021-01-25 11:19 | Report Abuse

what is fundamentally solid??can eat??

Posted by alex > 2021-01-25 11:20 | Report Abuse

impressive.. non stop huge selling.. 0.4 bottom? 0.35 bottom? 0.3 bottom? 0.25 must be bottom? what 0.23?? ini kali must be real bottom.. oversold buy.. result out... what!!?? x%@#

Posted by williamtkb > 2021-01-25 11:22 | Report Abuse

Too bad. Can't get 23cents yet. Today sales target looks like until 23cents.

Posted by alex > 2021-01-25 11:24 | Report Abuse

0.4 to 0.23.. almost 45% discount lor since 04 jan 2021.. only took about 20 days .. something only Ng knows..

Posted by williamtkb > 2021-01-25 11:25 | Report Abuse

Never ending 23.5 sales. Hahaha.

Posted by alex > 2021-01-25 11:28 | Report Abuse

not enough people interest at 0.235?? okay will give good offer 0.2 - 0.23 soon?..

Posted by TomyamGong > 2021-01-25 11:28 | Report Abuse

wahhh !! apa cerita? from 0.40 to 0.23 ???

Posted by azta12 > 2021-01-25 11:28 | Report Abuse

start accumulate

Posted by williamtkb > 2021-01-25 11:29 | Report Abuse

Yahoo.... Got 23cents.

Posted by tradersampah > 2021-01-25 11:36 | Report Abuse

5sen cun buy, now still mahal lor

Posted by spielmacher > 2021-01-25 11:39 | Report Abuse

hahahahha 23 is too high..bursa will crash today

Posted by zhendehenre > 2021-01-25 11:42 | Report Abuse

Started collecting liao. Looks like Dato making big spring sempena mco

Posted by garychee8 > 2021-01-25 11:43 | Report Abuse

wow queue now for 0.20..incredible..good job mr Ng Aun Hooi

Posted by gino1333 > 2021-01-25 11:46 | Report Abuse

3 previous resigned company shareholders selling out their shares that why the prices going down .

Posted by williamtkb > 2021-01-25 11:48 | Report Abuse

How many shares more IB can sell for Director Ng? Margin call so huge amount? Faster sell below 10cents.... So we can all in later....

Posted by KenKen84 > 2021-01-25 11:48 | Report Abuse

Buy based on oversold ? Did you still can believe cases will going down due to this kind of MCO2.0 joke ? Coming soon

Posted by TomyamGong > 2021-01-25 11:52 | Report Abuse

Looks more downside >?

Posted by Citadel00 > 2021-01-25 11:53 | Report Abuse

tp 0.2

Posted by williamtkb > 2021-01-25 12:02 | Report Abuse

Everyone waiting buy lower. Let's see how low can go.... Maybe 0.005 haha

Posted by NeutralMaster > 2021-01-25 12:06 | Report Abuse

The dato diam diam slowly cut his share holding from ++20% until 7% since mco2020.
Seems like he no longer interest in his business anymore. And we expect public to interest on his business? Lol

Posted by azta12 > 2021-01-25 12:15 | Report Abuse

add

Posted by fruitcake > 2021-01-25 12:16 | Report Abuse

now everyone buy ..hahaha

Posted by hello92 > 2021-01-25 12:20 | Report Abuse

Okay i got it at 23sen. Dono good or bad now.

Posted by alex > 2021-01-25 12:32 | Report Abuse

0.23 is good price compared those bought at 0.8 above.. but don't know where is the lowest.. and how long it take to or not to recover

Posted by stewartlee > 2021-01-25 12:34 | Report Abuse

I got it at 0.235

Posted by cashsssss > 2021-01-25 13:36 | Report Abuse

top up some at 0.23.. hope to get more at 0.205. hahha

Posted by Megan88 > 2021-01-25 13:53 | Report Abuse

Anyone know much about the Woo family? Seems like they are the largest shareholder now?

Posted by adamsmith > 2021-01-25 14:28 | Report Abuse

another private placement @20sen or lower ?

Posted by adamsmith > 2021-01-25 14:35 | Report Abuse

change of ownership?