RUNNNNNNNNNNNNNNNNNNNN.10sen coming!!!!!!!

technical chart shows vivocom share price hit bottom out at 13 sen already. stock should end down trend by now and a reverse uptrend take over from today onwards.

INVESTMENT HIGHLIGHTS
1QFY17 Results below expectations
Transient blip from earnings
Earnings estimates intact
Altogether, we reiterate our BUY stance with TP of RM0.40 per share
1QFY17 Results below expectations. 1QFY17 earnings came in below expectations. VIHB’s 1QY17 earnings of RM5.2m (-72%YoY) came below with our estimates. Its net profit accounted for 5.2% of our fullyear forecasts respectively. The stark deviation was due to lower revenue recognition from projects due to progress billings and delays in certification of construction progress.

Transient blip from earnings. Despite improvement in cost of sales of RM28.5m in 1QFY17 compared to RM103.8m in 1QFY16, revenue waned from RM141.5m in 1QFY16 to RM41.0m (-72%YoY) in 1QFY17. We believe this is a transient blip and earnings would recover especially in 3QFY17/4QFY17 due to revenue transfer from its orderbook of RM1.8bn.

Earnings estimates intact. We make no variations to our assumption as we believe that FY17/FY18 could be a better year for VIHB to recognize its billings for is orderbook level. We reckon that in FYE17 VIHB would struggle to maintain its FY16’s profit margin of 14.7%, because of its project profile i.e. public housing projects.

Recommendation. We reaffirm our BUY recommendation with TP of RM0.40 per share based on discounted cash flow (DCF) with WACC of 7.4%.Our target price implies an enticing +296% upside backed by an undemanding current PER of 9.5X.

Source: MIDF Research - 1 Jun 2017

today closing at 16 sen. for sure!!

finally MIDF come out and reassure it's research outcome. sui liao lah!!! 13sen?? Sailang BUYYYYYYYYYYYYYYYY!!!

malaysian ah malaysian, you all are gambler ah! not investor ah! that's why shark keep short-selling it better than pushing it high!!! 13 sen????hahahahahahahahaha!!!

3 billion order book~~~~~stock price 13 sen~~~~~~~~only Malaysia share market have!!!!!!!! more idiotic!! ~~~no body dare to buy!!!~~~~~~Hahahahahahahahahahahahahahahahahahaha~~~what a JOKE!

hahahahahahahahahahahahahaha~~~~~~~VIVOCOM 13sen~~~~~~hahahahahahahahahahahaha!!!

me very confuse liao!!!!

want buy or want sell?? any suggestion?

why no stim liao???

all support buy ok? buy buy buy!!!

wa, lucky i didn't sell. buy buy buy!!!!!! got stim now!!!!

better run la all my friend here. I think bull is gone. bear is coming already!!

aiya, don't look safe la. malton, wct, drhcom all drop/ market will be bad today. better cut loss and go away la! bye bye!

why no stim??

lucky i didn't sell. buyyyyyyyyyyy!!

buyyyyyyyyyy coming now. buyyyyyyy!!!

yesterday got fake news. so, i pick up back my chart. price will go down to 1.59 first before rebound.ok? SELLLLLLLLLLLL!!!

everybody sell now and we buy back at below 1.59, ok?

Sell, Sell, Sell.

holland liao la, fake news. Run lah!!!!!!!

2 mins count down!!!!! then you decide!!!

price holding steady at 1.76 ma, why worry?

I'm just sharing news mah. if news is fake, what can I do?

10 more mins. hope the foreign fund manager don't wake up late. ok?

buy now or you catch no ball later!!!

20 mins to go!!!!

1.76 is taken up fast. BUY !!!

i throw away my chart already!!!! hahahahaha!

add on news. foreign funds will come sapu at 4pm.

do you see people selling now????? No. right? if not down, it must be up. simple right?

never mind if it's true or fake. if 4pm price don't move, meaning it's fake news. if 4pm price move up, it means the news is true. ok?

insider news from my remisier. cannot show the link!!! just buy!

you've got 30 mins to buy from now. 4pm price will shoot up!!!

tomorrow limit up! ignore chart! BUY NOWWWWWWWWW.

sorry. BUY NOW. News said Bandar Malaysia deal is confirmed with IWH-CREC agreed on higher value. now, China happy, malaysia happy, botak happy, sultan johor happy. you and i happy. vote BN for GE 14.

Sell ! Sell ! Sell !

technical chart show down trend. RUNNNNNNNNNNNN!!!! Sell nowwwwwwwwww.

buy, buy, buy!!!

sell, sell, sell!!!

technical chart shows down trend. not me making fear, ok?

chance to sell now at 1.73, later will drop to 1.59. sell now!!!!

don't buy now but SELL. you will regret if you buy now!! 1.59 coming by end of today!

technical chart pointing to down trend !!!! SELL NOW and buy back below 1.59 !!!!!

it's confirmed down trend. will only rebound when price touch below 1.59!!! RUN NOWWWWWW!!!

RUN FASTER BEFORE YOU REGRET!!!

1.59 coming!!!!!!!

Runnnnnnn!!!!!!