Thank you everybody for the good news, Fark you @dis for all your bullsht about Vivocom from day 1.

Disagree is a paid dog and belongs to Yeoh to spread rumours. He will bark at no cost. He is a paid dog to spread rumours and create fear that the company is going down. Yeoh has an agenda here.

He is happy when you guys reply. He is encouraging you guys to reply. So please don't reply. Just say what you want to say. No need to reply him.

Disagree is a paid dog and belongs to Yeoh to spread rumours. He will bark at no cost. He is a paid dog to spread rumours and create fear that the company is going down. Yeoh has an agenda here.

Don't waste time with Yeoh's dog spreading rumours. He will bark at no cost. He is a paid dog to spread fear that the company is going down. Yeoh has an agenda here.

We are investors and not management staff. You want to know who are the deputies, just call them.

Don't waste time with Yeoh's dog. He will bark at no cost. He is a paid dog to spread fear that the company is going down. Yeoh has an agenda here.

Yes Fully agreed with Vivoinvestor. He got a good point. What do you have to say Disagree?

vivoinvestor A day Dr Yeoh not officially send letter to BOARD, a day MD Choo cannot explain why Dr Yeoh is resigning as CEO because he is consider no resign. How to explain? How to introduce? U follow process???

He talks nonsense NON STOP.

Vivo very steady

I thought coming down at 4pm?

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.

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.

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.

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.

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.

Ngu better stop all your lies and malicious allegations against Vivocom. Once you are exposed, we will bring you to court.

China Nuclear Huaxing was founded in 1958, with the excellent tradition and profound military background, undertook the construction of the test base of China’s “A-bomb, H-bomb and nuclear-powered submarine” and many other nuclear and military projects. At present, the business income from military engineering accounts for about 10%.

China Nuclear Huaxing has undertaken a large number of military construction works of science and technology related with national defense and has accumulated rich project technologies and management experience, which makes it possess special advantages in the fields of military and nuclear engineering with high standards for high-tech and sophisticated technology and security etc to become one of the main contractors for national defense and military projects.

Amongst the notable projects undertaken by China Nuclear Huaxing include:

Nuclear segment

1) Jiangsu Tian Wan Nuclear Power Plant

2) Guangdong Da Ya Bay Nuclear Power Plant

3) Guangdong Taishan Nuclear Power Plant

4) Fujian Ning De Nuclear Power Plant

5) Liao Ning Hong Yan He Nuclear Power Plant

Non-nuclear segment

1) Shanghai International Gymnastic Center

2) School of Mechanical and Aerospace Engineering, Singapore

3) Global Innovation Center of Johson & Johnson (China) Co. Ltd in Shanghai

4) Hassanm Sport City, Jordan

5) Australian Hall, Shanghai World Expo

6) Lincoln Suite in Singapore

7) Johor Bahru D’pristine Project, Malaysia

8) Abbot Nutrition Plant in Jiaxing

Vivocom 1Q results exceed analyst estimates by 76 per cent at RM141 million in 1Q16

 May 13, 2016, Friday


PETALING JAYA: Vivocom Intl Holdings Bhd (Vivocom) quarterly revenue surged to RM141.54 million with profit before taxation soaring to RM33.29 million for the first three months of 2016.

Announcing its financial quarter ended March 31, 2016 to Bursa Malaysia, Vivocom’s net profit came in at RM19.87 million after accounting for taxation and minority interest.

This represents 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 Bhd.

Vivocom’s net profit of RM19.87 million means that the group has exceeded analysts’ at CIMB Investment Bank Bhd’s estimates by 75.8 per cent, it highlighted.

This huge jump in revenue and profits was attributed to Vivocom’s construction division which posted PBT of RM30.01 million of the back of RM125.81 million in revenue.

Vivocom executive director Choo Seng Choon remarked: “Whilst we are delighted with our solid 1Q financial performance, we remain 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.”

Coo said its board of directors 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 added.

In the past fortnight, Vivocom announced that it has won two projects in Perak amounting to RM250 million. To date, Vivocom has secured projects totaling more than RM1.36 billion. The Group’s construction pipeline has also swelled to about RM3 billion in contracts at the finalisation stage.

That is also why we know Disagree is a conman. An unscrupulous trader.

If you don't read how do you know The Edge is cunning?

Disagree, Oh ya hor, we are friends. I forgot. So GET LOST. lol.

Nothing good comes out from Disagree. Ignore his comment. Very soi.

Ktsk88, please post the artcle from the Edge. Thank you. I don't want to see postings by Disagreetoagree.

I believe CIMB. I don't believe Disagreetoagree. He is soi and bad mouth. GO AWAY DISAGREETOAGREE.

Let the soi man go away.

Justinvest is right. This man is soi. Bad mouth Vivo everyday, Even now he is doing that. GO AWAY DISAGREETOAGREE.

GET LOSS Disagreetoagree, The ID is also disgusting. Come on people. Come and ask this thick skin animal to leave.

You are the only unwanted, please leave. I hope more people will come out and support this. Or else this stubborn person don't know how to take hint. Must be direct to him. GET LOSS Disagreetoagree, The ID is also disgusting.

I have not seen such a stubborn and shameless person in my life. hahahaha

Still so skeptical about Vivo? This as*hole thinks that Vivo projects finish within a few months.

Disagreetoagree, you are a disgrace here. You write so much and nobody likes you. You know why? You have been very helpful....to yourself. People here know already lah. You are a conman. You are unscrupulous. People don't trust you and yet you write so much? You are so free? All because of money lah. Trying to con investors.

Disagree, I am not worried. You don't worry for me. "K poh chee". Get your as* out of here.

Ktsk88, I saw that he admitted he bought after criticizing Vivocom the whole morning last Thursday or Friday.

Disagree, just leave here. Let the genuine people write. You are an unscrupulous trader.

Disagree, if you are so skeptical about Vivocom, then don't invest and get out of here. To me you are an unscrupulous trader.

Vivofam - a new ID. Why create new ID to support your rubbish talk. You are so free?

Oh my God. This forum has changed. Where is ktsk88, MyView and many others who have been writing. I just read and found this Disagree talking rubbish here. Who is going to invest if he keeps talking rubbish here? Disagree stop talking rubbish. Like the others said if you don't believe, why are you talking so much here? To me you sound like a fool. So better stop your nonsense,

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.


Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpeKMhpX

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).


Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpdshTNL

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 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.


Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpdF1Lhf

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 Choo.

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.


Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpaPg0SI

Vibrant gameplay for Vivocom after rebranding

 May 29, 2016, Sunday Sharon Kong bizhive@theborneopost.com


Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpZaZLQR

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.”




Read more: http://www.theborneopost.com/2016/05/29/vibrant-gameplay-for-vivocom-after-rebranding/#ixzz4CpZzuKZE

Vivocom secures another two contracts amounting to RM37.8 mln

 June 24, 2016, Friday


Read more: http://www.theborneopost.com/2016/06/24/vivocom-secures-another-two-contracts-amounting-to-rm37-8-mln/#ixzz4CpZ3QLkc

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


Read more: http://www.theborneopost.com/2016/06/24/vivocom-secures-another-two-contracts-amounting-to-rm37-8-mln/#ixzz4CpZ9kev1

Vivocom 1Q results exceed analyst estimates by 76 per cent at RM141 million in 1Q16

 May 13, 2016, Friday


PETALING JAYA: Vivocom Intl Holdings Bhd (Vivocom) quarterly revenue surged to RM141.54 million with profit before taxation soaring to RM33.29 million for the first three months of 2016.

Announcing its financial quarter ended March 31, 2016 to Bursa Malaysia, Vivocom’s net profit came in at RM19.87 million after accounting for taxation and minority interest.

This represents 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 Bhd.

Vivocom’s net profit of RM19.87 million means that the group has exceeded analysts’ at CIMB Investment Bank Bhd’s estimates by 75.8 per cent, it highlighted.

This huge jump in revenue and profits was attributed to Vivocom’s construction division which posted PBT of RM30.01 million of the back of RM125.81 million in revenue.

Vivocom executive director Choo Seng Choon remarked: “Whilst we are delighted with our solid 1Q financial performance, we remain 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.”

Coo said its board of directors 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 added.

In the past fortnight, Vivocom announced that it has won two projects in Perak amounting to RM250 million. To date, Vivocom has secured projects totaling more than RM1.36 billion. The Group’s construction pipeline has also swelled to about RM3 billion in contracts at the finalisation stage.


Read more: http://www.theborneopost.com/2016/05/13/vivocom-1q-results-exceed-analyst-estimates-by-76-per-cent-at-rm141-million-in-1q16/#ixzz4CpWniXsv

good one dinaffin. haha............haha. Stutu is a female...... Haha........haha

MissEliza, wait and queue at 20 sen. It's coming.

hahaha.....good one doitanyway. Your are right.

koikoh, what are you talking? Why beware of china econmy. We are talking about Vivo getting business. Sales and revenue. Vivo is not getting business from China. Vivo is getting business from CRCC and Malaysian business. CRCC is getting business from all over the world. What is the problem?

All investors must be patient and steady. This is a good company with great plans and vision. With so much transparency, what else we need to know about Vivocom? I have been holding this share since the Instaco days. Have made some decent profit. We will all eventually make profits from this investment.