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2016-08-03 19:45 | Report Abuse
http://theedgemarkets.com/my/article/pdz-sees-57-stake-cross-market?type=corporate
Something is brewing. The last ticket to buy is today. Sumatec (Tan Sri Halim)through has acquired 14.73% of its stake in PDZ amounting to 128.02 million shares to Megalink Industries at 0.23 sen a share on November 2014. The share was bought from PMB. On 22/7/2016 someone bought 34.7mil share on 0.155 block sales through outside dealing market .
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2687396
From 27/7 till today 3/8, almost more than 300mil share volume traded. Seem someone is collecting either takeover buyout or pushing pdz back to high time price at 0.350 again as the company has return to black and make profit since first quarter result 31/3/2016.
Please carefully think why someone has been putting so mucj money bet on PDZ if this company has no potential. The currently share price has traded below its value. Lately, PDZ Also involved LPG gas business from Kazakhtan .PDZ Holdings recently entered into an agreement with Ken Makmur Holdings Sdn Bhd for the proposed setting up of a liquefied petroleum gas (LPG) production plant.
The directors of Ken Makmur are the substantial shareholders of Sumatec. Ken Makmur, a RM2 company, is controlled by Wan Kamaruddin Wan Mohamed Ali and (James) Chan Yok Peng.
Chan was Sumatec’s former managing director, but is now a non-executive director. Kamaruddin and Chan are both shareholders of Sumatec via Tekad Mulia Sdn Bhd with a 6% stake.
The deal
On Tuesday, PDZ Holdings announced that it was proposing to set up a LPG production plant in Kazakhstan and launch itself into the cooking gas business in a US$205mil (RM656mil) deal.
The deal will be payable via the combination of US$125mil (RM400mil) cash and the issuance of redeemable convertible preference shares (RCPS) for US$80mil (RM256mil).
PDZ Holdings entered into a framework agreement with Ken Makmur Holdings for the proposed production of LPG and condensate from natural gas to be supplied by Ken Makmur from the Rakushechnoye oil and gas field in Kazakhstan.
Ken Makmur had on June 3, 2014 signed an agreement with Markmore Energy (Labuan) Ltd to extract 350 tonnes per day of LPG and 100 tonnes of condensate from the 100 million standard cu ft of gas supplied by Markmore.
Markmore is 99% own by Halim, and is the concession holder of the Rakushechnoye field.
Under the deal, PDZ Holdings is authorised to carry out the construction of the LPG plant for US80mil, to be completed within 36 months after a date to be mutually agreed by PDZ Holdings and Ken Makmur.
PDZ Holdings will operate and maintain the plant throughout the concession life of the Rakushechnoye oil and gas field. PDZ Holdings shall also be given the first right to the supply of natural gas from the field. PDZ Holdings shall pay to Ken Makmur for the gas supply at a special rate of 30 US cents per million metric British thermal unit (mmbtu) or US$300 per million standard cu ft (mmscf) for this deal.
In conclusion most likely a buyout takeover will happen to PDZ from Sumatec. And now left over share minus shareholder keeping and been traded lately, left between 250mil share below.
Happy investing!
2016-08-02 22:50 | Report Abuse
Update today, big operator buyer already holding from 0.260 all the way to 0.290.there are only more good news to be announce and easily push Vivocom share price to another high.if I am holding Vivocom,I will be keep holding and keep buying so that Vivocom hit another high at 0.50. Then after bonus issue, we get another 25% extra unit. With adjustment price to 0.400 to 0.450. So you think this worth to hold or not? Tq
2016-08-02 15:26 | Report Abuse
Meanwhile, MIDF Research believed that Vivocom is able to clinch heavy, civil and heavy construction packages in upcoming quarters.
MIDF Research noted that it is likely that Vivocom will also emerge as the key sub-contractors for iconic projects such M101 Skywheel Tower in Kuala Lumpur as well as railways tracks for High Speed Rail (KL-Singapore).
“On this score, it is notable that Vivocom’s co-managing director/chief executive officer (MD/CEO) Datuk Seri Dr Yeoh Seong Mok has consulted more than RM400 billion worth of projects; often as a Project Delivery Partner (PDP) to CRCC,” the research arm said.
Through its partnership with CRCC, Vivocom is also expected to be driven by the ‘One Belt One Road’ (OBOR) policy.
OBOR is a development strategy and framework policy, proposed by the China’s President Xi Jinping in 2013 that emphasises on connectivity and cooperation between China and the rest of the continental landmass of Asia and Europe, MIDF Research explained.
The OBOR policy is divided into international trade connections, the land-based “Silk Road Economic Belt” (SREB) and
ocean-based “Maritime Silk Road” (MSR).
MIDF Research noted that the OBOR state-owned enterprises (SOE) such as China Railway Construction Corporation, Beijing Urban Construction Group, Sinohydro, China Harbour Engineering Corporation and Sinopec finances, develops and construct development projects along the ‘New Silk Road’.
“Their financial requirements are often backed by other SOEs such as China Development Bank, Bank of China and China Construction Bank,” it said.
MIDF Research further noted that New Development Bank, Silk Road Fund and Asia Infrastructure Investment Bank (AIIB) have illustrated on how OBOR could reform the global financial system and at the same time, offer a new path of infrastructure investment funding.
The research arm pointed out Asia Development Bank posits that from 2010 to 2020, Asia would require US$800 billion to beef up its infrastructure.
“Having said that, Vivocom has strategically positioned itself into a beneficiary of CRCC foray into Malaysia’s infrastructure demand hence it not surprising that its orderbook is poised to ascend
through large scale construction projects,” the research arm opined.
In addition, MIDF Research highlighted that Vivocom has attracted institutional foreign shareholding amounting to 5.4 per cent currently.
“Moreover, Beijing Construction Group has expressed interest to participate in their equity capital structure as well as appointing Vivocom as their local project delivery partner (PDP),” it said.
On a side note, MIDF Research also mentioned the fact that Vivocom will have cost advantage as the research arm is expecting lower construction cost due to the supply of building materials from the group’s subsidiary Neata which supplies aluminum doors and windows.
The research arm said that 95 per cent of Vivocom’s projects are for the construction of mixed/residential projects.
“Thus, the building materials supply from Neata facilitates the reduction in its bills of quantities (BQ),” the research arm added.
MIDF Research further noted that Vivocom possesses niche capabilities in telco engineering.
The group has specialised technical capabilities in mechanical and engineering in installation, commissioning; testing and erecting telecommunication towers up to 100 metres, and; civil and cabling with horizontal directional drilling (HDD) machinery
for fibre infrastructure work.
The research arm added that Vivocom earnings will be supported by recurring income from rentals of 50 telecommunication assets to telecommunication providers such as Maxis Bhd, U Mobile Sdn Bhd, Malayisan Communications and Multimedia Commission, Digi.Com Bhd and Celcom Axiata Bhd.
2016-08-02 15:26 | Report Abuse
Choo remarked recently that while they are delighted with the solid 1Q financial performance, Vivocom remains committed to working harder and delivering better and stronger results in the quarters to come.
“We will not rest on our laurels and the management team have all pledged to walk the extra mile to secure more projects in the foreseeable future and to ensure that our projects are delivered promptly and on time and to the highest standards possible for our clients.
“The board of directors (BOD) is confident and optimistic of the company’s future outlook, and is looking at various ways to rewards its loyal shareholders.
“Amongst the various options the BOD is considering is possibly a bonus share issue or a free warrants issue. Once finalised, they will be announced in due course,” he said.
Choo pointed out that Vivocom is currently the largest company on Bursa Malaysia’s ACE Market with a market capitalisation of approximately RM1.166 billion, assuming all its warrants is converted into shares.
“The company’s shares have consistently been traded in the Top 10 volume leaders in KLCI, showing remarkable volume and liquidity sustained over the last seven months when some seven billion shares were traded.
“The company also commands a huge shareholders base numbering some 15,000 shareholders,” he added.
What’s in store ahead for Vivocom?
For the year 2016, Vivocom’s target revenue group wide amounts to RM760 million with growth engines construction contributing 70 per cent, telecommunication (15 per cent) and manufacturing – aluminium (15 per cent). The following year, Vivocom targets RM2.1 billion in group wide revenues with contribution from growth engines construction (80 per cent), telecommunication (10 per cent) and manufacturing – alumininium (10 per cent).
In the quarters ahead, CIMB Research believed that progress billings from CRCC-awarded building jobs should start to flow through, such as Pavillion Hilltop, 1 Gateway Klang and Marinox Sky Villas Penang.
With a potential pipeline at letter of intent (LOI) stage of almost RM4 billion, CIMB Research is confident that Vivocom will be able to meet and possibly surpass the research arm’s RM3 billion contract win estimate for 2016.
“We understand that Vivocom is finalising another large Perak contract worth up to RM700 million in the coming weeks,” the research arm said.
Meanwhile, MIDF Research believed that Vivocom is able to clinch heavy, civil and heavy construction packages in upcoming quarters.
MIDF Research noted that it is likely that Vivocom will also emerge as the key sub-contractors for iconic projects such M101 Skywheel Tower in Kuala Lumpur as well as railways tracks for High Speed Rail (KL-Singapore).
“On this score, it is notable that Vivocom’s co-managing director/chief executive officer (MD/CEO) Datuk Seri Dr Yeoh Seong Mok has consulted more than RM400 billion worth of projects; often as a Project Delivery Partner (PDP) to CRCC,” the research arm said.
Through its partnership with CRCC, Vivocom is also expected to be driven by the ‘One Belt One Road’ (OBOR) policy.
OBOR is a development strategy and framework policy, proposed by the China’s President Xi Jinping in 2013 that emphasises on connectivity and cooperation between China and the rest of the continental landmass of Asia and Europe, MIDF Research explained.
The OBOR policy is divided into international trade connections, the land-based “Silk Road Economic Belt” (SREB) and
ocean-based “Maritime Silk Road” (MSR).
MIDF Research noted that the OBOR state-owned enterprises (SOE) such as China Railway Construction Corporation, Beijing Urban Construction Group, Sinohydro, China Harbour Engineering Corporation and Sinopec finances, develops and construct development projects along the ‘New Silk Road’.
“Their financial requirements are often backed by other SOEs such as China Development Bank, Bank of China and China Construction Bank,” it said.
MIDF Research further noted that New Development Bank, Silk Road Fund and Asia Infrastructure Investment Bank (AIIB) have illustrated on how OBOR could reform the global financial system and at the same time, offer a new path of infrastructure investment funding.
The research arm pointed out Asia Development Bank posits that from 2010 to 2020, Asia would require US$800 billion to beef up its infrastructure.
“Having said that, Vivocom has strategically positioned itself into a beneficiary of CRCC foray into Malaysia’s infrastructure demand hence it not surprising that its orderbook is poised to ascend
through large scale construction projects,” the research arm opined.
In addition, MIDF Research highlighted that Vivocom has attracted institutional foreign shareholding amounting to 5.4 per cent currently.
“Moreover, Beijing Construction Group has expressed interest to participate in their equity capital structure as well as appointing Vivocom as their local project delivery partner (PDP),” it said.
2016-08-02 15:25 | Report Abuse
On the the project in Pahang, Vivocom noted that it is expected to contribute positively to the earnings and net assets of the group – which further enhances its orderbook which had stood at RM1.36 billion previously – with expectancy of more project wins in the immediate future.
“The group’s construction pipeline has also swelled to about RM3 billion in contracts at the finalisation stage – with more projects wins coming up very soon,” Choo said.
As for Vivocom’s aluminium manufacturing arm, Choo revealed that just last month (April), the group announced that Neata was awarded RM37.5 million worth of contracts, with the latest projects being Third Avenue Cyberjaya for an amount of RM22.5 million, and Kemensah Development for an amount of RM15 million for the supply and installation of aluminium works.
This announcement was the latest in a series of solid wins for Neata.
“Since the acquisition by Vivocom last year, our business has grown by leaps and bounds, in particular our aluminium manufacturing and installation business.
“We have secured almost RM80 million worth of contracts during the past nine months alone, all from reputable developers with high end prestigious projects such as Third Avenue, Eclipse Residence and KL Gateway, to name a few,” said Neata’s business development director Albert Chia.
He added that Neata is also presently in final negotiation to secure another two projects worth up to RM30 million, and hopefully the award will be made by the end of April 2016.
Choo higlighted that as a pioneer in manufacturing aluminium windows, doors and façade systems, Neata has seen exponential growth in the last two years, emerging as one of Malaysia’s most respected players in the field since its establishment in 1989.
“Neata has built a reputation for supplying quality products to some of Malaysia’s most prestigious property and construction projects,” he said. “This latest win is certainly a ‘bonus’ for the Vivocom Group, and will further strengthen the Vivocom Group’s fundamentals.”
Choo noted that in setting the standard in quality, technology and design, Neata is synonymous with outstanding aluminium doors and windows from various parts of the world for those who value distinction and integrity.
He further noted that Neata’s affiliation with Schüco, FAPIM, Master S.R.L, Omec and the Naco only serves to reaffirm its reputation of being a supplier of ‘best of breed’ quality products.
“Neata is also currently in the process of expanding its production output at its plant in Semenyih, Selangor to cater for increasing orders from its growing client base,” he added.
Impressive 1Q16 results
Vivocom’s first quarter of 2016 (1Q16) results blew analysts away, with the group reporting in an annoucement on Bursa Malaysia that for the current financial quarter ended March 31, 2016, it had recorded a revenue of RM141.544 million and profit before tax of RM33.299 million.
“Compared to the previous corresponding financial quarter ended March 31, 2015, the group recorded an increase of RM134.506 million in revenue.
“The substantial increase in revenue was attributable to the consolidation of the results of the group’s new subsidiary companies, Neata and Vivocom Enterprise.
“The group’s profit before tax also increased accordingly by RM32.376 million,” Vivocom said
Choo noted that after accounting for taxation and minority interests, net profit came in at RM19.87 million, a 2,053 per cent giant of a jump from the RM923,000 posted in the previous corresponding period when it was still known as Instacom Group.
He pointed out that this huge jump in revenue and profits was attributed to Vivocom’s construction division which posted profit before tax of RM30.01 million on the back of RM125.81 million in revenue.
According to the research arm of CIMB Investment Bank Bhd (CIMB Research) in a company note on Vivocom, the group started financial year 2016 (FY16) with a bang.
Vivocom’s annualised 1Q16 net profit smashed CIMB Research’s expectations at 76 per cent above its previous full-year forecast while revenue tracked the research arm’s expectations but it had underestimated margins.
“1Q16’s margins were boosted by tail-end recognition of progress billings of several building jobs,” the research arm said.
CIMB Research noted that the strong 1Q results should calm investors’ earlier concerns about Vivocom’s execution abilities.
The research arm said that in particular, investors were sceptical about Vivocom’s ability to deliver above-sector margins.
Choo remarked recently that while they are delighted with the solid 1Q financial performance, Vivocom remains committed to working harder and delivering better and stronger results in the quarters to come.
“We will not rest on our laurels and the management team have all pledged to walk the extra mile to secure more projects in the foreseeable future and to ensure that our projects are delivered promptly and on time and to the highest standards
2016-08-02 15:24 | Report Abuse
Previously known as Instacom Group Bhd (Instacom Group) with telecommunications solutions as a singular source of revenue, Vivocom Intl Holdings Bhd (Vivocom) is now a rising construction powerhouse with a constant flow of contract wins in its pockets and a first quarter of 2016 (1Q16) net profit that has surpassed expectations.
To strengthen the group’s image and to better reflect the group’s new focus and aspiration to be a regional construction group, Instacom Group changed its name to ‘Vivocom Intl Holdings Bhd’ on January 14, 2016.
Through its subsidiary, Instacom Engineering Sdn Bhd (Instacom Engineering), Vivocom has made its mark within the telecommunications industry as one of the leading services providers and for their superior engineering expertise in tower building.
Instacom Engineering currently undertakes works nationwide, concentrating in the Northern Region, Klang Valley and Southern Region of Peninsular Malaysia, as well as in Sabah and Sarawak.
“We count as our clients major telcos throughout Malaysia and also multinational companies,” Vivocom executive director Choo Seng Choon told the BizHive Weekly in an exclusive interview.
According to Choo, the telecommunications industry was very lucrative a few years back. However, he noted that over the years, profit margins have slipped.
TA03058
This was one of the key reasons why Vivocom ventured into alumininium manufacturing and construction as it places the group now on an even more solid and stable footing in terms of having sustainable and recurring revenue growth.
“Our earnings base has been diversified and we have enhanced shareholder value,” he added.
Choo cited common elements between telecommunications and construction, explaining that in the latter, it all revolves around constructing towers – which bears similar principles to construction.
Aside from its involvement in the telecommunications industry, Vivocom had during the financial year ended 2015 (FYE2015) acquired 78.6 per cent of the equity in Neata Alumininium (Malaysia) Sdn Bhd (Neata), which in turn owns 100 per cent of Vivocom Enterprise Sdn Bhd (Vivocom Enterprise), a subsidiary engaged in civil engineering and construction.
This means that Vivocom is now actively and directly involved in the industries of telecommunications, manufacturing and construction.
“As a result, the enlarged Vivocom Group has now strategically diversified into new areas and viable businesses,” Choo said.
“On the operational side, since the acquisition of Neata and Vivocom (Enterprise), we have reaped benefits operationally in the sharing of resources and know-hows, and expansion of business opportunities through cross-marketing of products and services and cross-referencing of customers within the enlarged Vivocom Group.”
Group on a winning streak
The year is coming to its halfway mark, Vivocom has already impressed its stakeholders by winning a number of notable contracts mostly in the construction sector – and the group shows no signs of slowing down.
Choo highlighted that the construction industry will be the prime mover for the Malaysia economy especially in 2016 and 2017.
“With election looming in 2018, the government would be keen to start major projects to develop the nation,” the executive director observed. “Projects such as Gemas-JB Double Track, High Speed Rail, MRT2, etc would definitely help to pump (and) prime the economy as well as to build the nation further.”
According to the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research), Vivocom has transformed itself into a formidable player in the construction sector with strong orderbook replenishment capabilities backed by the group’s technical joint-venture with China Railways Construction Corporation Ltd (CRCC).
“Furthermore, its strategic position within the construction value chain would help to insulate its operating model from impending risks and recurring income from telecommunication assets would provide additional earnings support,” MIDF Research observed.
To date, Vivocom has secured projects totaling more than RM1.36 billion including RM594 million from CRCC Malaysia, a subsidiary of China’s construction behemoth CRCC.
The group has a strategic relationship with CRCC Malaysia and is their in-house contractor as well as their Project Delivery Partner in Malaysia.
Independent of CRCC, the rising player in the construction industry also tries to land projects based on its own merits.
For example, in May 2016 alone, Vivocom announced that it has won two projects in Perak amounting to RM250 million while later in the month, the group also secured its maiden project in the state of Pahang amounting to RM46 million.
“Having successfully secured two projects totalling RM250 million in the state of Perak, we hope to top these two wins with another milestone as we continue to make inroads to establish a presence in the state of Perak,” said Mr Choo
2016-08-02 12:27 | Report Abuse
Meanwhile, MIDF Research believed that Vivocom is able to clinch heavy, civil and heavy construction packages in upcoming quarters.
MIDF Research noted that it is likely that Vivocom will also emerge as the key sub-contractors for iconic projects such M101 Skywheel Tower in Kuala Lumpur as well as railways tracks for High Speed Rail (KL-Singapore).
“On this score, it is notable that Vivocom’s co-managing director/chief executive officer (MD/CEO) Datuk Seri Dr Yeoh Seong Mok has consulted more than RM400 billion worth of projects; often as a Project Delivery Partner (PDP) to CRCC,” the research arm said.
Through its partnership with CRCC, Vivocom is also expected to be driven by the ‘One Belt One Road’ (OBOR) policy.
OBOR is a development strategy and framework policy, proposed by the China’s President Xi Jinping in 2013 that emphasises on connectivity and cooperation between China and the rest of the continental landmass of Asia and Europe, MIDF Research explained.
The OBOR policy is divided into international trade connections, the land-based “Silk Road Economic Belt” (SREB) and
ocean-based “Maritime Silk Road” (MSR).
MIDF Research noted that the OBOR state-owned enterprises (SOE) such as China Railway Construction Corporation, Beijing Urban Construction Group, Sinohydro, China Harbour Engineering Corporation and Sinopec finances, develops and construct development projects along the ‘New Silk Road’.
“Their financial requirements are often backed by other SOEs such as China Development Bank, Bank of China and China Construction Bank,” it said.
MIDF Research further noted that New Development Bank, Silk Road Fund and Asia Infrastructure Investment Bank (AIIB) have illustrated on how OBOR could reform the global financial system and at the same time, offer a new path of infrastructure investment funding.
The research arm pointed out Asia Development Bank posits that from 2010 to 2020, Asia would require US$800 billion to beef up its infrastructure.
“Having said that, Vivocom has strategically positioned itself into a beneficiary of CRCC foray into Malaysia’s infrastructure demand hence it not surprising that its orderbook is poised to ascend
through large scale construction projects,” the research arm opined.
In addition, MIDF Research highlighted that Vivocom has attracted institutional foreign shareholding amounting to 5.4 per cent currently.
“Moreover, Beijing Construction Group has expressed interest to participate in their equity capital structure as well as appointing Vivocom as their local project delivery partner (PDP),” it said.
On a side note, MIDF Research also mentioned the fact that Vivocom will have cost advantage as the research arm is expecting lower construction cost due to the supply of building materials from the group’s subsidiary Neata which supplies aluminum doors and windows.
The research arm said that 95 per cent of Vivocom’s projects are for the construction of mixed/residential projects.
“Thus, the building materials supply from Neata facilitates the reduction in its bills of quantities (BQ),” the research arm added.
MIDF Research further noted that Vivocom possesses niche capabilities in telco engineering.
The group has specialised technical capabilities in mechanical and engineering in installation, commissioning; testing and erecting telecommunication towers up to 100 metres, and; civil and cabling with horizontal directional drilling (HDD) machinery
for fibre infrastructure work.
The research arm added that Vivocom earnings will be supported by recurring income from rentals of 50 telecommunication assets to telecommunication providers such as Maxis Bhd, U Mobile Sdn Bhd, Malayisan Communications and Multimedia Commission, Digi.Com Bhd and Celcom Axiata Bhd.
2016-08-02 12:25 | Report Abuse
Choo remarked recently that while they are delighted with the solid 1Q financial performance, Vivocom remains committed to working harder and delivering better and stronger results in the quarters to come.
“We will not rest on our laurels and the management team have all pledged to walk the extra mile to secure more projects in the foreseeable future and to ensure that our projects are delivered promptly and on time and to the highest standards possible for our clients.
“The board of directors (BOD) is confident and optimistic of the company’s future outlook, and is looking at various ways to rewards its loyal shareholders.
“Amongst the various options the BOD is considering is possibly a bonus share issue or a free warrants issue. Once finalised, they will be announced in due course,” he said.
Choo pointed out that Vivocom is currently the largest company on Bursa Malaysia’s ACE Market with a market capitalisation of approximately RM1.166 billion, assuming all its warrants is converted into shares.
“The company’s shares have consistently been traded in the Top 10 volume leaders in KLCI, showing remarkable volume and liquidity sustained over the last seven months when some seven billion shares were traded.
“The company also commands a huge shareholders base numbering some 15,000 shareholders,” he added.
What’s in store ahead for Vivocom?
For the year 2016, Vivocom’s target revenue group wide amounts to RM760 million with growth engines construction contributing 70 per cent, telecommunication (15 per cent) and manufacturing – aluminium (15 per cent). The following year, Vivocom targets RM2.1 billion in group wide revenues with contribution from growth engines construction (80 per cent), telecommunication (10 per cent) and manufacturing – alumininium (10 per cent).
In the quarters ahead, CIMB Research believed that progress billings from CRCC-awarded building jobs should start to flow through, such as Pavillion Hilltop, 1 Gateway Klang and Marinox Sky Villas Penang.
With a potential pipeline at letter of intent (LOI) stage of almost RM4 billion, CIMB Research is confident that Vivocom will be able to meet and possibly surpass the research arm’s RM3 billion contract win estimate for 2016.
“We understand that Vivocom is finalising another large Perak contract worth up to RM700 million in the coming weeks,” the research arm said.
Meanwhile, MIDF Research believed that Vivocom is able to clinch heavy, civil and heavy construction packages in upcoming quarters.
MIDF Research noted that it is likely that Vivocom will also emerge as the key sub-contractors for iconic projects such M101 Skywheel Tower in Kuala Lumpur as well as railways tracks for High Speed Rail (KL-Singapore).
“On this score, it is notable that Vivocom’s co-managing director/chief executive officer (MD/CEO) Datuk Seri Dr Yeoh Seong Mok has consulted more than RM400 billion worth of projects; often as a Project Delivery Partner (PDP) to CRCC,” the research arm said.
Through its partnership with CRCC, Vivocom is also expected to be driven by the ‘One Belt One Road’ (OBOR) policy.
OBOR is a development strategy and framework policy, proposed by the China’s President Xi Jinping in 2013 that emphasises on connectivity and cooperation between China and the rest of the continental landmass of Asia and Europe, MIDF Research explained.
The OBOR policy is divided into international trade connections, the land-based “Silk Road Economic Belt” (SREB) and
ocean-based “Maritime Silk Road” (MSR).
MIDF Research noted that the OBOR state-owned enterprises (SOE) such as China Railway Construction Corporation, Beijing Urban Construction Group, Sinohydro, China Harbour Engineering Corporation and Sinopec finances, develops and construct development projects along the ‘New Silk Road’.
“Their financial requirements are often backed by other SOEs such as China Development Bank, Bank of China and China Construction Bank,” it said.
MIDF Research further noted that New Development Bank, Silk Road Fund and Asia Infrastructure Investment Bank (AIIB) have illustrated on how OBOR could reform the global financial system and at the same time, offer a new path of infrastructure investment funding.
The research arm pointed out Asia Development Bank posits that from 2010 to 2020, Asia would require US$800 billion to beef up its infrastructure.
“Having said that, Vivocom has strategically positioned itself into a beneficiary of CRCC foray into Malaysia’s infrastructure demand hence it not surprising that its orderbook is poised to ascend
through large scale construction projects,” the research arm opined.
In addition, MIDF Research highlighted that Vivocom has attracted institutional foreign shareholding amounting to 5.4 per cent currently.
“Moreover, Beijing Construction Group has expressed interest to participate in their equity capital structure as well as appointing Vivocom as their local project delivery partner (PDP),” it said.
On a side note, MIDF Research also mentioned th
2016-08-02 12:22 | Report Abuse
TA03057Previously known as Instacom Group Bhd (Instacom Group) with telecommunications solutions as a singular source of revenue, Vivocom Intl Holdings Bhd (Vivocom) is now a rising construction powerhouse with a constant flow of contract wins in its pockets and a first quarter of 2016 (1Q16) net profit that has surpassed expectations.
To strengthen the group’s image and to better reflect the group’s new focus and aspiration to be a regional construction group, Instacom Group changed its name to ‘Vivocom Intl Holdings Bhd’ on January 14, 2016.
Through its subsidiary, Instacom Engineering Sdn Bhd (Instacom Engineering), Vivocom has made its mark within the telecommunications industry as one of the leading services providers and for their superior engineering expertise in tower building.
Instacom Engineering currently undertakes works nationwide, concentrating in the Northern Region, Klang Valley and Southern Region of Peninsular Malaysia, as well as in Sabah and Sarawak.
“We count as our clients major telcos throughout Malaysia and also multinational companies,” Vivocom executive director Choo Seng Choon told the BizHive Weekly in an exclusive interview.
According to Choo, the telecommunications industry was very lucrative a few years back. However, he noted that over the years, profit margins have slipped.
TA03058
This was one of the key reasons why Vivocom ventured into alumininium manufacturing and construction as it places the group now on an even more solid and stable footing in terms of having sustainable and recurring revenue growth.
“Our earnings base has been diversified and we have enhanced shareholder value,” he added.
Choo cited common elements between telecommunications and construction, explaining that in the latter, it all revolves around constructing towers – which bears similar principles to construction.
Aside from its involvement in the telecommunications industry, Vivocom had during the financial year ended 2015 (FYE2015) acquired 78.6 per cent of the equity in Neata Alumininium (Malaysia) Sdn Bhd (Neata), which in turn owns 100 per cent of Vivocom Enterprise Sdn Bhd (Vivocom Enterprise), a subsidiary engaged in civil engineering and construction.
This means that Vivocom is now actively and directly involved in the industries of telecommunications, manufacturing and construction.
“As a result, the enlarged Vivocom Group has now strategically diversified into new areas and viable businesses,” Choo said.
“On the operational side, since the acquisition of Neata and Vivocom (Enterprise), we have reaped benefits operationally in the sharing of resources and know-hows, and expansion of business opportunities through cross-marketing of products and services and cross-referencing of customers within the enlarged Vivocom Group.”
Group on a winning streak
The year is coming to its halfway mark, Vivocom has already impressed its stakeholders by winning a number of notable contracts mostly in the construction sector – and the group shows no signs of slowing down.
Choo highlighted that the construction industry will be the prime mover for the Malaysia economy especially in 2016 and 2017.
TA03059
“With election looming in 2018, the government would be keen to start major projects to develop the nation,” the executive director observed. “Projects such as Gemas-JB Double Track, High Speed Rail, MRT2, etc would definitely help to pump (and) prime the economy as well as to build the nation further.”
According to the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research), Vivocom has transformed itself into a formidable player in the construction sector with strong orderbook replenishment capabilities backed by the group’s technical joint-venture with China Railways Construction Corporation Ltd (CRCC).
“Furthermore, its strategic position within the construction value chain would help to insulate its operating model from impending risks and recurring income from telecommunication assets would provide additional earnings support,” MIDF Research observed.
To date, Vivocom has secured projects totaling more than RM1.36 billion including RM594 million from CRCC Malaysia, a subsidiary of China’s construction behemoth CRCC.
The group has a strategic relationship with CRCC Malaysia and is their in-house contractor as well as their Project Delivery Partner in Malaysia.
Independent of CRCC, the rising player in the construction industry also tries to land projects based on its own merits.
For example, in May 2016 alone, Vivocom announced that it has won two projects in Perak amounting to RM250 million while later in the month, the group also secured its maiden project in the state of Pahang amounting to RM46 million.
“Having successfully secured two projects totalling RM250 million in the state of Perak, we hope to top these two wins with another milestone as we continue to make inroads to establish a presence in the state of Perak,” said Choo.
On the the project in Pahang, Viv
2016-08-02 12:18 | Report Abuse
X
CKNYAM79 1.) Vivocom Enterprise Sdn Bhd (“VESB”) had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Kiara 5 Development Sdn Bhd for the appointment as Turnkey Contractor for the construction of 1 block of 19 units low density apartment at Lot 13498, Jalan Jenjarum, PJU 6, Kampung Kayu Ara, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan The provisional contract amount is RM25,000,000 (Ringgit Malaysia Twenty Five Million).
2.) Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41 storey of service apartment on Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur. The contract amount is RM12,800,000 (Ringgit Malaysia Twelve Million and Eight Hundred Thousand Only).
3. 20/5/16 Letter of Award (“LOA”) from Goldenhill Accenture Development Sdn Bhd (“Goldenhill”) for the appointment as Turnkey Contractor for the construction of 4 Blocks total 88 units of gated and guarded home, together with carpark and club house with swimming pool (“the Project”) located at Lot 19751 (Jalan Rimba 2) Genting Sempah, Mukim Bentong, Daerah Bentong, Pahang Darul Makmur (“the Land”). The provisional contract amount is RM46,000,000 (Ringgit Malaysia Forty-Six Million).
4. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 5 May 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into heads of agreement (“HoA”) with De Facto Integrated Sdn Bhd (“De Facto”) to be the Turnkey Contractor for the development on a piece of land located at Wilayah Sultan Azlan Shah Mukim Hulu Kinta Daerah Kinta (“ the Project”). Subject to the execution of the final agreement, De Facto will appoint VESB as the main contractor for the Project at an estimated contract value of RM160.0 million (Ringgit Malaysia One Hundred Sixty Million)
5. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 26 April 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into a heads of agreement (“HoA”) with Green Ventures Development Sdn. Bhd. (“Green Ventures”) (“the Parties”) to be the main contractor for the development on Batu 10, Chepor, Mukim Hulu Kinta, Daerah Kinta. The land measuring 3.11 hectacres is to be developed for mixed development purposes (“the Project”). Subject to the execution of a final agreement, Green Ventures will appoint VESB as the turnkey contractor for the Project at an estimated contract value of approximately RM90.0 million (Ringgit Malaysia Ninety Million) (“the Proposed Development”).
6)The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016;
7. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.
8. The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071 & 36072, Phase 3B, Desa Tasik, Mukim Petaling, Sg Besi, Kuala Lumpur (“the Project”). The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).
All non CRCC contract ! What u want to say Dog!
02/08/2016 12:17
2016-08-02 12:17 | Report Abuse
1.) Vivocom Enterprise Sdn Bhd (“VESB”) had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Kiara 5 Development Sdn Bhd for the appointment as Turnkey Contractor for the construction of 1 block of 19 units low density apartment at Lot 13498, Jalan Jenjarum, PJU 6, Kampung Kayu Ara, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan The provisional contract amount is RM25,000,000 (Ringgit Malaysia Twenty Five Million).
2.) Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41 storey of service apartment on Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur. The contract amount is RM12,800,000 (Ringgit Malaysia Twelve Million and Eight Hundred Thousand Only).
3. 20/5/16 Letter of Award (“LOA”) from Goldenhill Accenture Development Sdn Bhd (“Goldenhill”) for the appointment as Turnkey Contractor for the construction of 4 Blocks total 88 units of gated and guarded home, together with carpark and club house with swimming pool (“the Project”) located at Lot 19751 (Jalan Rimba 2) Genting Sempah, Mukim Bentong, Daerah Bentong, Pahang Darul Makmur (“the Land”). The provisional contract amount is RM46,000,000 (Ringgit Malaysia Forty-Six Million).
4. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 5 May 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into heads of agreement (“HoA”) with De Facto Integrated Sdn Bhd (“De Facto”) to be the Turnkey Contractor for the development on a piece of land located at Wilayah Sultan Azlan Shah Mukim Hulu Kinta Daerah Kinta (“ the Project”). Subject to the execution of the final agreement, De Facto will appoint VESB as the main contractor for the Project at an estimated contract value of RM160.0 million (Ringgit Malaysia One Hundred Sixty Million)
5. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 26 April 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into a heads of agreement (“HoA”) with Green Ventures Development Sdn. Bhd. (“Green Ventures”) (“the Parties”) to be the main contractor for the development on Batu 10, Chepor, Mukim Hulu Kinta, Daerah Kinta. The land measuring 3.11 hectacres is to be developed for mixed development purposes (“the Project”). Subject to the execution of a final agreement, Green Ventures will appoint VESB as the turnkey contractor for the Project at an estimated contract value of approximately RM90.0 million (Ringgit Malaysia Ninety Million) (“the Proposed Development”).
6)The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016;
7. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.
8. The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071 & 36072, Phase 3B, Desa Tasik, Mukim Petaling, Sg Besi, Kuala Lumpur (“the Project”). The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).
All non CRCC contract ! What u want to say Dog!
2016-08-02 12:16 | Report Abuse
VIVOCOM SUMMARY - Latest Update - Q1 result Profit after Tax RM20mil. Exceeded expectation. - Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016 - Forecast profit FYE2016 is RM60mil. - Total Order book currently stand at RM1.4bil. - RM600mil project is in the final stage of completion. To be announced in Aug 2016. - Total project pipeline RM3.0 bil. - There is a plan to move Vivocom to Main Board in 2017. - Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector. - Current Net Tangible Asset is 29 sen. - Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing etc... - Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil. These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil.............then they already meet the target of 3 bil.............lasting up to 2018.
2016-08-01 16:13 | Report Abuse
Pls report if u feel someone abused. IWherewere u when the price .down to 0.225?lam laughing to the bank now
2016-08-01 16:10 | Report Abuse
I also in the middle to earn rm2mil nett profit. Why cannot post mei! I can post what I like. U don't like u can go other forum
2016-07-31 09:50 | Report Abuse
People come here to hear about Vivocom. If anyone interested others, you can go other forum
2016-07-31 09:49 | Report Abuse
Pls tell the dogs first! This is free blogging forum
2016-07-31 09:48 | Report Abuse
1.) Vivocom Enterprise Sdn Bhd (“VESB”) had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Kiara 5 Development Sdn Bhd for the appointment as Turnkey Contractor for the construction of 1 block of 19 units low density apartment at Lot 13498, Jalan Jenjarum, PJU 6, Kampung Kayu Ara, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan The provisional contract amount is RM25,000,000 (Ringgit Malaysia Twenty Five Million).
2.) Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41 storey of service apartment on Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur. The contract amount is RM12,800,000 (Ringgit Malaysia Twelve Million and Eight Hundred Thousand Only).
3. 20/5/16 Letter of Award (“LOA”) from Goldenhill Accenture Development Sdn Bhd (“Goldenhill”) for the appointment as Turnkey Contractor for the construction of 4 Blocks total 88 units of gated and guarded home, together with carpark and club house with swimming pool (“the Project”) located at Lot 19751 (Jalan Rimba 2) Genting Sempah, Mukim Bentong, Daerah Bentong, Pahang Darul Makmur (“the Land”). The provisional contract amount is RM46,000,000 (Ringgit Malaysia Forty-Six Million).
4. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 5 May 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into heads of agreement (“HoA”) with De Facto Integrated Sdn Bhd (“De Facto”) to be the Turnkey Contractor for the development on a piece of land located at Wilayah Sultan Azlan Shah Mukim Hulu Kinta Daerah Kinta (“ the Project”). Subject to the execution of the final agreement, De Facto will appoint VESB as the main contractor for the Project at an estimated contract value of RM160.0 million (Ringgit Malaysia One Hundred Sixty Million)
5. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 26 April 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into a heads of agreement (“HoA”) with Green Ventures Development Sdn. Bhd. (“Green Ventures”) (“the Parties”) to be the main contractor for the development on Batu 10, Chepor, Mukim Hulu Kinta, Daerah Kinta. The land measuring 3.11 hectacres is to be developed for mixed development purposes (“the Project”). Subject to the execution of a final agreement, Green Ventures will appoint VESB as the turnkey contractor for the Project at an estimated contract value of approximately RM90.0 million (Ringgit Malaysia Ninety Million) (“the Proposed Development”).
6)The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016;
7. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.
8. The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071 & 36072, Phase 3B, Desa Tasik, Mukim Petaling, Sg Besi, Kuala Lumpur (“the Project”). The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).
2016-07-28 18:08 | Report Abuse
doitanyway I give a like on. Your comments
2016-07-28 18:07 | Report Abuse
, I give a like on your comments
2016-07-28 18:02 | Report Abuse
If you buy a ticket watch movie, you also will wait till ending la.
2016-07-28 18:01 | Report Abuse
Why would seller came here day and night to pressing the price down?smoke screen? Think yourself
2016-07-28 13:05 | Report Abuse
KUALA LUMPUR: Vivocom Intl Holdings Berhad (Vivocom) has secured another two separate contracts amounting to RM37.8 million which further enhances its already strong earnings and net assets to date.
Vivocom’s construction arm, Vivocom Enterprise Sdn Bhd, yesterday received and accepted a Letter of Award (LOA) for a RM25 million construction project from Kiara 5 Development Sdn Bhd to be Turnkey Contractor for the construction of a block of 19 units low density apartment at Kampung Kayu Ara, Mukim Sungai Buloh, Selangor.
Meanwhile, its manufacturing division spearheaded by Neata Aluminium (Malaysia) Sdn Bhd had separately received and accepted a LOA amounting to RM12.8 million from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41-storey serviced apartment block located at Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur.
These said contracts secured are the latest of its wins which has resulted i, Vivocom Group’s order book swelling to above RM1.4 billion.
According to a filign to Bursa Malaysia, executive director Choo Seng Choon said: “With the latest contract wins just announced, Vivocom has proven yet again its ability to secure projects, both large and small.
“We shall continue to work very hard on securing more projects to deliver on our fundamentals performance, and we are very confident the investment community will give the Company due recognition in due course,” Choo added.
“As a matter of fact, we are now in the last stage of finalising another Head of Agreement for another project worth over RM600 million in Ipoh. The HOA will be announced in due course when completed and signed. The Company’s second quarterly results to be reported and announced in the coming weeks also look very promising and would be at least as strong as the first quarter just announced,” he further said.
Based on its annualised first quarter results, it’s worthwhile noting that Vivocom is currently only trading at less than 10 times price-earnings multiple whilst its peers with similar market capitalisation are currently trading at price-earnings multiples ranging from 14 times to 17 times.
Meanwhile, all five research houses covering Vivocom continue to emphasis a buy on the stock with target prices ranging from 59 sen to RM75 sen per share, signaling strong upside potential and capital appreciation of some 145 per cent from the most conservative estimate for Vivocom’s fair value. — Bernama
2016-07-28 13:02 | Report Abuse
1.) Vivocom Enterprise Sdn Bhd (“VESB”) had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Kiara 5 Development Sdn Bhd for the appointment as Turnkey Contractor for the construction of 1 block of 19 units low density apartment at Lot 13498, Jalan Jenjarum, PJU 6, Kampung Kayu Ara, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan The provisional contract amount is RM25,000,000 (Ringgit Malaysia Twenty Five Million).
2.) Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had on 23 June 2016, received and accepted the Letter of Award (“LOA”) from Lim Hoo Seng Construction Sdn Bhd for the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41 storey of service apartment on Lot 256, Seksyen 63, Lorong Stonor, Kuala Lumpur. The contract amount is RM12,800,000 (Ringgit Malaysia Twelve Million and Eight Hundred Thousand Only).
3. 20/5/16 Letter of Award (“LOA”) from Goldenhill Accenture Development Sdn Bhd (“Goldenhill”) for the appointment as Turnkey Contractor for the construction of 4 Blocks total 88 units of gated and guarded home, together with carpark and club house with swimming pool (“the Project”) located at Lot 19751 (Jalan Rimba 2) Genting Sempah, Mukim Bentong, Daerah Bentong, Pahang Darul Makmur (“the Land”). The provisional contract amount is RM46,000,000 (Ringgit Malaysia Forty-Six Million).
4. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 5 May 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into heads of agreement (“HoA”) with De Facto Integrated Sdn Bhd (“De Facto”) to be the Turnkey Contractor for the development on a piece of land located at Wilayah Sultan Azlan Shah Mukim Hulu Kinta Daerah Kinta (“ the Project”). Subject to the execution of the final agreement, De Facto will appoint VESB as the main contractor for the Project at an estimated contract value of RM160.0 million (Ringgit Malaysia One Hundred Sixty Million)
5. The Board of Directors (“the Board”) of Vivocom is pleased to announce that on 26 April 2016, Vivocom had vide its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), entered into a heads of agreement (“HoA”) with Green Ventures Development Sdn. Bhd. (“Green Ventures”) (“the Parties”) to be the main contractor for the development on Batu 10, Chepor, Mukim Hulu Kinta, Daerah Kinta. The land measuring 3.11 hectacres is to be developed for mixed development purposes (“the Project”). Subject to the execution of a final agreement, Green Ventures will appoint VESB as the turnkey contractor for the Project at an estimated contract value of approximately RM90.0 million (Ringgit Malaysia Ninety Million) (“the Proposed Development”).
6)The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016;
7. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.
8. The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071 & 36072, Phase 3B, Desa Tasik, Mukim Petaling, Sg Besi, Kuala Lumpur (“the Project”). The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).
2016-07-28 13:02 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-28 13:00 | Report Abuse
VIVOCOM SUMMARY - Latest Update - Q1 result Profit after Tax RM20mil. Exceeded expectation. - Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016 - Forecast profit FYE2016 is RM60mil. - Total Order book currently stand at RM1.4bil. - RM600mil project is in the final stage of completion. To be announced in Aug 2016. - Total project pipeline RM3.0 bil. - There is a plan to move Vivocom to Main Board in 2017. - Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector. - Current Net Tangible Asset is 29 sen. - Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing etc... - Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil. These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil.............then they already meet the target of 3 bil.............lasting up to 2018.
2016-07-28 08:35 | Report Abuse
http://www.cnbc.com/id/103821682
Fed interest rate maintain good news
2016-07-27 15:54 | Report Abuse
Seriously nekosan still retard like last time ?
2016-07-27 10:51 | Report Abuse
This is what the effect of rumours on rm700mil contract. Not even get the contracts and in premiliary talks. What if Vivocom inked the rm600mil Ipoh awards. The same thing will happen to Vivocom. Vivocom already in Head of Agreement for this projects. Announcement in due to anytime
2016-07-27 10:47 | Report Abuse
Hi richardcslim! Yes making some healthy profits! Already exit on 0.195. Tq again. Don't chase high. High risks now
2016-07-27 10:20 | Report Abuse
Selldown and bruce5113I love u two
2016-07-27 10:00 | Report Abuse
isagree Fxxx u! Vivocom now 0.270. What u want to talk anymore! Conman . Hired Dog. U still thinks people here to believe u retard!!
2016-07-27 09:58 | Report Abuse
Disagree Fxxx u! Vivocom now 0.270. What u want to talk anymore! Conman . Hired Dog. I still thinks people here to believe u retard!!
2016-07-26 17:59 | Report Abuse
What we had done here so far not only benefits ourselves. We want everyone not loses money and be positive with what you investing. Don't let these syndicate once again eat up your money.
2016-07-26 17:56 | Report Abuse
All of you have to understand why seller operator keep pressing the share price down before second quarter result announcement. Why they even throw share price below the last share price. Why they willing to make losses at this point of time?so that they can collect at lower share price when u sell your share at losses. These people know how potentially in Vivocom future,they camping one to two months here to collect as much as possible before good news announcement. And they even hired a dog to bark everyday. Tell me why?I believe if u have the answers
2016-07-26 17:51 | Report Abuse
Darth, you have to understand, we are not one who start the spamming. So at the moment I will not spambot time being. Secondly you have understand why Vivocom offer bonus issue. Paying dividend will depleted the company cash flow for currently running project progress.with bonus issue company did not need to reduce cash flow this share holder get more units to cash in when share price when up.25%extra bonus issue is more profitable than getting dividend. Imaging u have extra share lots and share price go up. So the decision to invest or selling in your hand. Tq
2016-07-26 16:35 | Report Abuse
VIVOCOM SUMMARY - Latest Update - Q1 result Profit after Tax RM20mil. Exceeded expectation. - Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016 - Forecast profit FYE2016 is RM60mil. - Total Order book currently stand at RM1.4bil. - RM600mil project is in the final stage of completion. To be announced in Aug 2016. - Total project pipeline RM3.0 bil. - There is a plan to move Vivocom to Main Board in 2017. - Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector. - Current Net Tangible Asset is 29 sen. - Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing etc... - Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil. These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil.............then they already meet the target of 3 bil.............lasting up to 2018.
2016-07-26 08:42 | Report Abuse
Flower horn continue to fight for us. Tq
2016-07-26 06:03 | Report Abuse
We are very close to reach the finish line of this marathon run. Be positive and patient ,you will be soon reward
2016-07-26 05:47 | Report Abuse
Real one soon to be announce
2016-07-26 05:44 | Report Abuse
Test water news hehehe
2016-07-25 12:55 | Report Abuse
Come la dog! The more u sell the better!
2016-07-25 11:18 | Report Abuse
Hi Dog come throw more shares lagi, see who get burned . We are waiting you at lower price
2016-07-24 12:40 | Report Abuse
goldentrialgle wah u also promoter for knm. what is the best entry price
2016-07-24 12:31 | Report Abuse
Vivocom and AirAsia has very similarity in one part. Share price undervalue. while I investing airasia, they always give confidents in mind when u play longer term. u can pay for a cheaper price and holding more units. when the share blasting high price, your earn double or triple your profits. Vivocom had huge order books in hand. with current order books can give vivocom sustainable and steady profits till 2018. more projects will be awarded soon and it's will be bonus to achieved another milestone. if u hold longer, you realize you earning more than you can imaging.
2016-07-24 12:25 | Report Abuse
all projection and promises by BOD has been genuine and delivery. CEO stay, bonus issue proposal, consistent projection nett profits. all information you can search at midf, cimb and Mercury research paper. now who target price will be achieve. you decide yourself. tq. Happy investing.
2016-07-24 12:22 | Report Abuse
b4b4 n mohd hafiz . u make right choice with smart and easy decision. bonus issue guarantee u 25% extra share. u keep longer u earn more than 25%. simple mathematics. even the price don't move u still earn 25% extra share. but if it move above 0.30 , u can calculate how much extra profits u earn. now nobody will sell their share if they had bought earlier or lower than current price. cause the share price only move forward and no more backward.
2016-07-22 08:38 | Report Abuse
As human we do not talk or listen to dog
2016-07-22 06:33 | Report Abuse
For your info, big timer operator or banker that had collected from 0.260 to 0.280 still holding and not selling at all. Once they collect enough, they will push another strong uptrend. If u have collect at this price at large volume, you what price will you are targeting?
Stock: [PDZ]: PDZ HOLDINGS BHD
2016-08-03 19:48 | Report Abuse
http://www.thestar.com.my/business/business-news/2014/11/08/halim-and-associates-to-helm-pdz-megalink-industries-will-substantially-increase-its-stake-in-the-sh/
Above article will give u clear picture about the take over. At that time even the take over does not happen but share price shoot up 0.350.
Now PDZ book records return to black. And coming second quarter result to be good, this this two reason could steam up PD share price to another level.
Tan Sri please make it happen tommorow. Tq