Yes, if consolidation does not benefit shareholders at all, one use is to create more 'room' for downtrend by calling for Rights Issue and hence double whammy to the old/strong shareholders so the impact is greater. Why? Because current price does not allow for more technical downtrend to cause greater psychological impact than if the price consolidate first, then waterfall later by calling for additional Rights Issue (RI). Even if no RI, selling the share down after consolidation is akin to death by a thousand needles.

If you don't subscribe RI, your share price becomes diluted (auto-adjusted lower after exercise) and potential to be stuck for even longer.
If you subscribe RI, the company and gang earn your money for whatever use and hence sustain the meal for another few years.

Whatever the outcome after consolidation, some undeniable fact can be observed - existing shareholders now face dilemma if there is RI. If no RI, the price downtrend will cause even greater psychological impact to you.

Repeat above until enough shares collected in hand, then create another story for pump and dump, finally restart cycle. Although takes years, this is not something new and is one way to look at how the market works.

Big TQ

Something to ponder upon if the consolidation becomes true:
https://klse.i3investor.com/blogs/DFBB/2020-07-13-story-h1510515038-99_OF_SHAREHOLDERS_LOSE_MONEY_FROM_THIS_CORPORATE_EXERCISE.jsp

Guys, if you think now is a good timing to enter this stock, please search back the history of this counter. I know some will say it has went down from 0.1x down to current level over the years and is a good time to enter now seeing all the volume past few weeks, again would like to caution newcomers to buy or existing holders to add.

Not sure where the consolidation news comes from or whether is true, but it does not hide the fact that the counter's image has been tarnished badly since the CNQC takeover news back in 2016/2017. Even non-retailers like some funds has been caught at that time, so it's not something you want to touch if venturing into penny stock. There are more potential ones out there since this counter is really unpredictable and if what I feel/think is somehow accurate, these few weeks volume has more hidden negative agenda than just simply push up the price (bear in mind only few bids up since the volume starts).

The feeling is not good at least for some of us here.

Another potential corporate news within next few months: Utilization of 2018 RI proceeds of 25 million for future investment. Let's see where this goes, either into investment or taichi back into working capital.

If prediction is true where Consolidation -> Rights Issue -> Price Decline, then we have quite a confirmation here. This is in-line with a pattern already noticed years ago somewhere...

This is based on own research of historical data, probability and from an objective perspective. Subjective players please buy / sell at your own leisure in the infamous Vivocon share.

Consolidation (if true): Guys be careful, hold your horses. Don't jump in or add more for now. Based on KLSE history, consolidation is more of a bad news to shareholders and good news for company (insider trading or fund raising).

Right now can use JAG as an example to monitor, also search around for counters that has performed share consolidation. In those, short term maybe price can go up or down, but usually it goes down in medium to long term.

Reduce NOSH but market capitalization is still the same, hence don't have good feel on such exercise:
Market Cap: 227 Million (no change after consolidation)
NOSH: 5,665 Million (reduce by the ratio eg if share consolidation 20:1 then divide by 20)

zai3388 Jangan get stuck again for years. Nampak macam besar punya shark trap. Operator tahan kuat 4c untuk clear at 4.5c. Tak tau apa jadi lepas habis jual.

Lagi pun, stock ini ada rumor untuk buat consolidation, 20 shares jadi 1 share. Ini bukan Kopi-O kau tapi Mati kau kau kalau kena tangkap

How to get trapped when most of the volumes done are at 0.04? The sharks sell at 0.04 when they bought earlier at 0.025 to 0.035? Do you see any big accumulation at those prices?

Or like you said, tahan kuat at 0.04 to clear off at 0.045? Tahan kuat means accumulation or support the price? To clear off at 0.045 to such a small fraction of retailers buying when there isn't even a single news at all? Any other examples that the sharks can earn by trapping you in these 2 weeks movements? Or they play left right left right just to trap you ikan bilis who only has small $$$?

This baby shark surely is quite dumb and totally inefficient...

https://www.klsescreener.com/v2/stocks/view/0069/vivocom-intl-holdings-berhad

It's hard to even get 0.04 now compared 2 days ago. Prefer it to sideways longer, like how you accumulate the energy and let it explode later.

Someone in another forum mentioned Vivocon has achieved the monthly bollinger band 200 WMA breakout which is a rare signal since it requires months or years to setup. And to consolidate above this 200 WMA is a good thing for longer term, unlike the short term run in majority penny stocks.

Many don't really observe that majority transaction done during the heavy volume past days is around 0.04. Hence doubtful that the operators made much money by exiting now. Again, always considering the "market maker" role in this, it is not surprising that they are the ones who will made the 'difference' money if price goes down later.

Consolidation: won't know for sure if price will go up or down. The undeniable fact is consolidation reduces outstanding shares of 5.6 billion (extremely huge) which is a good thing. Also it is no longer penny stock, hence allows institution investor to join the game later for any news/rumors/fundamentals pushup.

If price goes down after consolidation, only "market maker" would benefit from the fall. Existing shareholders (including insiders) will got hit badly again. Doesn't really makes sense from any point of view, unless there is other advantages of the price falling after consolidation?

Another reason can think of is to have another round of washing to clear off the so-called strong holders. The psychological effect of having share price fall after consolidation is more damaging than letting the current price now to fall down to bottom rock of 0.005.

You cannot get 0.01 easily now, a new pattern is emerging today after the ESOS announcement. Wait more days to confirm.

If 1.6 billion shares done on 23 June cannot even move the price up few bids, how can it move like PDZ? The pattern here does not work, there is more than just simply pumping volume involved.

Wait till end year to look at upcoming annual report, can see the shareholders there.

Yes PDZ has 7 times less market capitalization than Vivocon. It need more than a simple pump and dump to push this Vivo elephant.

Another reason is the heavy number of retailers still holding this share with extremely strong hands.

sonata18 Many has been trapped. Big fall on next monday especially warrant.

Good, naysayers with such comments are welcomed here. Mix of good and bad comments is healthy!

No, not really pure trap. See today VVAP around 0.039.
Transacted volume at 0.045 is very very low in today's total.

Maybe somebody familiar with the Bollinger Band can share more analysis?

Stockiss: I'm also a speculator and gambler, with huge bets. Also learnt my lesson very very painfully. Thank the universe I'm still here today.

If you ask me about AT, I think the news/fire/momentum is over, possibly one more goreng up round only. Own safe bet to enter is 0.03 to 0.04 but is very long term wait. Rather go for others since missed the boat earlier.

Yes, the few weeks volume is mind boggling but can look at it from another perspective, hence please google the term "market maker" and understand their 'job' in the market. This new perspective helps me to view it from a different angle when looking at such scenario here in AT.

We can never ever know the truth in this market, but more data helps to piece the puzzle even by a tiny bit.

Stockiss Few keep accusing Mak and Operator to manipulate the market and price, but why didn't anyone answer when I raised the question how could one fight against market force with 4~6 mil volume? If one has that much fund, why focus to goreng a penny stock, why not make more from bigger counter? Can any experts care to comment and enlighten?

Stockiss: best is for you to do own analysis. I used to do this by keeping track of potential counters with rumors/news and with incoming volumes in an excel sheet. I note down the daily volume, price and movements so can buy if the potential is there based on the analysis.

I did this during the Sumatec/Ifcamsc era, and got my own conclusion from it. No one is going to give you a 'correct' answer here, especially at this time of prevalent scam in this social media age.

menort God999: For the clear before this i'd informed about Fintec and all company related to it about the nature of manipulation they did previously.

Got trapped by Fintec many years ago. Now see Fintec after so many years still the same puny stock. These so-called financial group/institution is nothing but tools for goreng ikan, goreng pisang, goreng goreng... if you're observant enough can see some of such investor groups in Bursa. Don't worry they are allowed here as this is the nature of stock market hahaha...

Once bitten twice shy..

birkincollector Institution investors normally not in ace market, especially penny stocks. Yet u see so many penny stocks fly high. All penny stocks take turns to goreng whether u like it or not. Don't be too serious..

Serious or not it's still better than those nonsensical comments like fly fly fly, goreng goreng, down down down, tp this tp that. Ok lo no more bashful comments for vivocon ok? Let's all huat huat huat looking at the volume these few days!!!

Yeah, do not support articles that promotes division (ie. trigger the good cop / bad cop kind of mentality). The division here is between you the reader and the potential bad Malaysia police! True solution should begin with your inner self, not expecting fixes on the external worldly system!

zhm540 operator buy low and sell high, also make money in reverse, sell high and buy low...

Yeah true, can google the term "market maker". So many always interpret this term as the usual sharks/operators that manipulate the price and perform pump and dump. Yes they do that too, but they also have a real 'job' where they earn from the price going down. And they can do that without having actual shares on hand (these are so called loaned shares which have to offset later).

1star Now that AT owns Pearl Glove, AT now is worth RM100mil market value, share price now 9cent extremely cheap. Based on RM100mil, re-rating price should be 30cents

Dude, this is easier said than done. If re-ratings can be actualized so easy, then all of Calvin's promoted counter should be re-rated and suddenly there is a huge windfall and big win for retailers! Just follow Calvin's call in those counters and sure win!

Latest QR report has not been audited, so anything goes. Even with the positive results, again no institutional investor is interested at all. This shows how hard it is to move such a tarnished counter with 5 billion shares and tiny capital.

Upcoming September QR should be in negative due to 2 months inactivity from mid March to early May. Unless company can say billings are good from previous milestones etc etc.

To expect any movements within short term, wait for annual report to check the top 30 holders. Because do you think an institution investor would put money in this industrial freezer unless there is a plan in place?

Yeah, just sold all free WE warrant since it went up 1 buy/sell bid recently.

Surprisingly that is one good thing about the counter, the buy/sell bid for both mother and warrant is allowed to move 1 or 2 bid higher than its previous bid which has been side way for years already...

Market is directionless now, papa sharks all resting until the sky is clear. Vivocon is not spared also, it fares much worst than most (lousy down-trending stock, bad image, many curses projected into the company), insiders concern about keeping salary than risking into external ventures. Sad but true.

Also, don't hope anything from the annual report, just your usual retailers in the top 30 holders.

It won't fly without a reason, also institution investors are not interested in the counter. With 5.6 billion of shares and only small players, it will be a miracle to see the stock moving.

Estimated upcoming QR to be negatively impacted by MCO and economy. Almost zero potential for goreng at the moment, hence please expect many many more months of price stagnant.

Let's see if Vivocon can issue latest QR and Annual Report on time or not, else will get delay warning from Bursa hahaha

PMHLDG288 KYY has been dumping glove stocks for more than two weeks .if you cannot decode his messages ,stay out of stock market.

That's some binary thinking there lah. If not 0, then is 1?

If can decode, stay in market and sure win? Tell us more lah, don't keep to yourself.

Bro, I have same thoughts too, but sell volume is not much across the board, maybe those are retailers or weak holders selling off. Maybe sharks are resting for now due to upcoming IDSS lift and local political scene? They always know ahead of us retailers, so can see some pattern there.

Yeah, USA Dow Jones is the largest global market driver, hence let us pray and hope with good intentions that the economy will recover in next half of 2020. Nothing much we can do except to focus outside of the market for now...

EliteYY69 oil dropping then run ? haha, oil drop then keep collect, why sell hahahahahah, u scare the world everyone die ar? no one use oil?

Nice one! Oil is as essential as food for the world, without it there is no long range transportation at all. Land, sea, air transport all need oil as petrol even during crisis or non-crisis! Still long time to go until renewable energy becomes a real replacement lah.

This oil price up down up down is so freaking boring, like someone is manipulating the mainstream media and oil price only! If you're in for the long term, don't simply sell and lose your hard earn money just because of short term up and down!

Don't always promote drop drop drop, not boring enough? Economy already in downturn this year, wanna add oil some more..

Don't worry there's a wild card in play! Loki the Trickster has appeared since 2017, the next half of 2020 will be very interesting, so let's just enjoy the ride!

DannyArcher
2nd wave or no 2nd wave, there will not be another lockdown. It is too damaging to the economy. Just look at countries with 2nd wave, Iran, Israel, Peru, and etc, all says no more lockdown. They will manage it medically, which is good for glove companies.

Yes, US and Russia will probably never shutdown its economy even with Covid wave2. This synchronizes with QAnon's hidden drop messages, which subtly points out that this is an engineered virus among other tactics meant to cause Trump to lose - to cause unrest, disruption, suffering and division nearing the upcoming election.

birkincollector they just need to create a story to goreng....like anzo...after reached current level only "rumours" says got foreign investments....all penny stocks the same....just put little money la..not asking u to sailang

I managed to get at 0.005 you believe? Read my history hahaha... I can sell even at 0.01 for a good profit anytime.

I'm just trying to point out facts/observations rather than just the usual generic/common sense comments, goreng this goreng that comments which is so abundance nowadays.

birkincollector goreng also have to start somewhere la...anzo also goreng from rock bottom.....u want one day up 10 cent meh

Yes no doubt you are right everything has to start somewhere. But starting a goreng without solid base is not very efficient don't you think? Not forgetting the very high % jump in between bids which puts extra risk for the sharks. Never assume they are dumb who doesn't know a thing!

Today's fact:
1. You can never buy 0.005, only possible to get 0.01 and 0.015.
2. You can never sell 0.015, only can sell at 0.01.

Assumption:
Such bottom rock penny stock has very high percentage jump in just one bid (similar to others like Netx, Lambo, Eduspec). This is a sure risk to sharks, no matter who they are or what you say.

Wait a few days to confirm this is an uptrend goreng or not.

Yeah, small goreng pisang got lah. No long accumulation, no news buildup, no good QR, no rumors - these are only good for a few pisang goreng only.

birkincollector crazy volume lol

Come on bro, this kind of volume for only RM 10 million is nothing against the big boys where easily hundreds of million ringgit are being transacted.

Volume of 760 million vs amount of RM 7.65 million. What does it mean?

Either accumulation at 0.01 or market makers playing the bids to earn the 'difference'. Not enough for major goreng.

Reference is made to Section 12.5 of the First Announcement.

(i) The Company will make the necessary announcement(s) as required under the Listing Requirements as and when:-
(a) opportunities and/or arrangements are identified for alternative funding options to revive the Kertih Project;
(b) suitable landbank is acquired for property development purposes; and/or
(c) joint venture arrangements are entered into with landowners for property development purposes.
In the event Shareholder’s approval and/or other regulatory approvals are required under the Listing Requirements and/or other relevant rules, the necessary approvals will be sought.

(ii) We wish to clarify that the asset enhancement initiatives that may be undertaken on Persoft Tower include, amongst others, renovating and converting Persoft Tower into a boutique hotel or other mixed use, subject to the relevant commercial viability and feasibility studies. For information, the current occupancy rate of Persoft Tower stood at 35%.

Can you study the brief stock market aspects depicted in the visual novel World End Economica? It uses mathematics to further enhance the stock pick calculations, is there a correlation here?

Cannot get 1 sen for now, all selling at 1.5 sen. If can get 1 sen, will sell other counters and come here, but need time to monitor movement first! If you think operator is dumb, this is a big mistake!

You're BETTING on this counter with low entry, sharks insides and news buildup, common sense tells you this is a likely win in long term! No need say ppl sohai!

If boat sails away, forget it and don't look back! There are always counters to win later! Playing probability is safer than playing betting!

So tempted to buy Netx at 0.01, but operator not blocking it. Not a good sign, wait to buy at 0.005 better!!

That's fine Calvin, your argument and responses to many comments are like the 'strawman argument'. You win :)

Calvin, seasoned investors know that articles promoting 'proven' winning picks like PMCORP etc etc, is a red flag. True genuine good article that speaks to your inner voice does not need 'proof', it resonates with you instantly.

The info from his articles has such depth, it boggles the mind to think that a 'normal' retailer could obtain the info in such short amount of time.

The only logical reason Calvin promoted so many unloved, beaten down, cold counters is this - brokerage/stamp duty fees for the firms. Not to say his investing preaches is not good, but too many of the same just raises flags here and there.

Like how a criminal is proven guilty with only circumstantial evidence, so is Calvin to be proven a 'handler' with personal agendas with so many in-depth articles coming out of the blues.

If offload for own use is fine, but offload at a big loss to try earn back profit in other counters is surely not a good thing?

From 'real' friends feedback, own trials, hearsay from the older generation (parents etc), investing group, I almost never hear anyone mentioning a 'big' win from cutting loss and jumping into other hoping for a quick recuperation of the losses.

Long term investing, buying low, with some fundamentals as support, and of course luck is some real examples of winning in the market. True from own experience and friends.