https://www.theedgemarkets.com/article/amresearch-foresees-another-og-supercycle-making-raises-crude-oil-forecast-us70-20212022

TP: 0.29

Nikmon..I would say, YES. Give him at least 2-3 years to proof himself. Base on 2021 Annual Report he aims to generate cash savings of RM1.3 billion by the end of FY2022

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3152050

sapura dapat job baru 1billion?

contra players

lower 20%

Normally price will adjust like this: 4+1(bonus)=5shares. Let say price x-date=0.30, means(0.30x4)/5=0.24

Maintain BUY Maintain Target Price (TP): RM0.59 by MIDF

Vivocom Holdings International Berhad Compelling and Balanced Buying Opportunity
INVESTMENT HIGHLIGHTS
• Compelling yet balanced contrarian opportunity
• Expanding orderbook, sustainable marginal levels and
improving balance sheet will support its fundamentals
• We reaffirm our earnings estimates for FY16/FY17 due to strong possibility of orderbook expansion
• Hence, we maintain our BUY recommendation with a TP of RM0.59 per share
A compelling yet balanced contrarian buying opportunity. We reckon that Vivocom (VIHB) presents an attractive contrarian opportunity despite the volatile market condition. The continuous expansion in its orderbook of RM3.3bn coupled with improving balance sheet will potentially translate into positive earnings accretion for FY16/FY17. Currently, its orderbook has expanded from RM2.4bn in 4Q15 to RM3.3bn (+37.5%). Going forward, we estimate that its orderbook will grow further from RM3.3 to RM3.9bn by 4QFY16 (+18.0%) on the back of 36 months backlog. We are forecasting VIHB to win c.RM950m of jobs for FYE16.
Clear earnings visibility. As a result of orderbook expansion, we note that the earnings are slated to grow 5.5x of its current levels in FY16F/FY17F. Additionally, VIHB’s sustainable margins of c.10% will be achievable due to its less capital intensive construction contracts, viz. project delivery partner and sub-contracting, through larger China-based contractors such as China Railways Construction Corporation (CRCC) and China Nuclear Industry Huaxing Construction Company Ltd (CNH). Its current cash level of RM23.0m gives ample financial headroom to increase its mobilization into sizeable projects that it has tendered such as in Kinta Valley and Tronoh, Perak.
Earnings at inflection point. We reaffirm our FY16F/FY17F earnings projections due to (i) stable revenue contribution from construction segment which contributed c.80% to operating income on the back of c.10% margin that may further strengthen our assumptions, and (ii) stable contribution of 10% from Neata Aluminium. Assuming the average net margin is stable at c.10%, VIHB is currently positioned at an inflection point of rising forward earnings trajectory.
Maintain BUY Maintain Target Price (TP): RM0.5

General Meetings: Notice of Meeting
2233
Indication: Notice of Meeting
Description: Extraordinary General Meeting of Vivocom Intl Holdings Berhad
Date of Meeting: 22/08/2016
Time of Meeting: 02:30 PM
Venue: Gunung Gading, Level 4, Tower A, M Hotels, Hock Lee Centre, Jalan Datuk
Abang Abdul Rahim, 93450 Kuching, Sarawak

CIMB revises Vivo TP to RM0.78

kahfai211: RM3.59x2=7.18/5=RM1.436

Ken..that meant free warrant will be RM1.70 but the Mother share could be more than RM1.70?

why price goes south???