Asia88. Thank you. Must be typo error. I mean the RM11.5 billion LRT project.

Asia888. MRCB shared the MRT project with Gkent. It was awarded months ago. It's not a rumour.

No it's USD37/barrel. The oil producing countries are going to cap production.

Director sold because the price was hyped up to over 30 sen. I would also sell if I am the director and knew that the coming quarter results will be a loss. That's why be careful of the so called 'market movers'. There is every reason to suspect that they work hand in hand with the insider bangsats.

And who's to say China's stimulus is not going to help? The crude price is already heading up! It's USD37 now and trending up. That's why Petronas can promise RM16 billion in tax payment this year. Russia already caped production in cooperation with Saudi.

We should cross that bridge if it comes. The future is not for us to see. The bottom line: YTD Genetec's a profitable company. Unless Q4 is terribly bad, it will still remain profitable for whole year. The trend towards automation favours its business.

Dell888. Those are virtually my points although I am more upbeat. As I have mentioned, Vivocom is a proxy....for the silk road constuction opps!

Its top management is Bumiputra.

Asia88. You no understand inglish? I said MRT is in MRCB's bag. I did not say it got the biggest portion. And MRCB is and had been a Buminputra company!

And Dell888. A sub-contractor is one which contracts with a main contractor. A main contractor is one which contracts with the principal. Sometimes a sub-contractor can be bigger than the main contractor.

And Dell888. Gamuda et al are big companies and not as nimble as a small company like Vivocom. MRCB especially is dependant on Government contracts. These are too big to take quick advantage of developments like the ASEAN Common Market and China's new silk road initiative. Like in the initial sprint of a marathon run, Vivocom has taken a head start and shown no signs of lack of stamina. It s likely that by the time Gamuda enters the market, Vivocom would have grown enough to compete. Besides Vivocom's partners dwarf Gamuda and MRCB et al!

You don't lose in a vital consumer industry such as eggs unless its cost is very uncompetitive and therefore badly managed. I don't think this is the case with Teoseng.

Vivocom main prospects are its connection to China's new silk road construction projects in both Malaysia and ASEAN

Dell888. Vivocom, as I described above and gleaned from both its quarterly report and MIDF report is both main and sub. It negotiates directly with principals. After getting the contract, it sub it to its partners. And like Gamuda, it project manage some contracts. Sometimes, it subs from others for its niche expertise - communications. Example, it is the main contractor for Coneff and will be for PT Kharisma port construction if it is realised . And if its partner - China Railway Construction Corporation gets the high-speed rail between KL and Singapore (expected), it should get the sub-contract for signaling communications, In which case its share price will soar.

Dell888. The contracts are signed between Vivocom and the principals. Vivocom is thus the main contractor They are negotiating with the principals. Example: With Conef and with PT Charisma.

@Del888. Vivocom is not sub. It is main contractor. Its Chinese partners are the subs.

It's market is ASEAN. There are only a few construction companies that is ASEAN-focused; much less as proxy for Chinese Construction companies financed by China's AIIB bank.

The way this company is doing business, it doesn't have to prove itself by doing the project itself. The China construction majors are its delivery partners. And they are well proven. It proves itself by the number of projects it can get. Its delivery partners will take care of the rest - the construction of the hard infrastructure.

Vivocom as proxy for China's new silk road infrastructure projects is backed by China's experienced and deep-pocketed construction majors. It need not do the whole project by itself. The execution of the projects will be by China's construction majors which will also back it up financially. Vivocom need only project-manage (like Gamuda) and contribute its niche expertise in building the soft infrastructure for those projects like communications connectivity. Soft infrastructure is critical for the hard infrastructure to function efficiently.

Heading for 70 sen. The results warrant it. It should do 90 sen in the next 2 months.

hng33. LCTH would be too slow for you. The belly dancing at Genting would suit you. It belly danced up at the moment. It has been up and down +- 30 sen for a couple of weeks now. I would go for it too if I am as sharp as you in going in/out.

Cease-fire in Syrian conflict. Negotiations will take into account all interests. The surplus of oil stocks over demand is not too much - about 2 million barrels. China stimulus will more than off set this. With the demise of shale, the US will start buying again oil at under USD45/barrel.

The plus side of no DRP this quarter is that there is no dilution of per share value. On the other hand, there is value accumulation.

Go for the warrants too.

I say any price below 30 sen is the right decision at this stage. There is strong resistance from 26.5 to 29 sen.

The big project already in the bag - the MRT.

I expect crude price to rise to about USD45/barrel. Above this level will enable the shale producers to get back into the game.

With the resolution of the Syria conflict, OPEC's likely to cut production. Saudi Arabia's financial position is dire because of the low crude price. Iran will not increase production if it gets less revenue due to lower price. Iran will only increase production if it can leverage against Saudi Arabia in Syria and less so in Yemen. But with the cease fire in Syria, there is less incentive to cut its own face to spite the Saudis so to speak.

Chinaboleh. Use the Q3 results to compare like with like. Kangar EPS is 0.14 sen; YTD EPS is 0.22 sen. Genetec's EPS Q3 is -0.58 sen; YTD is 1.6 sen. Genetec's performance was more consistent.

I mean the stock, not the casino!

hng33. Go to Genting. The fast gyrations there is more to your liking!

hng33 is a one-night stand trader. But LCTH appears moving up to 70 sen. Weak resistance only at 66 sen.

Force-sell only for those T3 traders.

Genetec management has declared that the coming quarter is challenging. This ia an honest statement. Little doubt they should be working hard to get in more contracts. The current labour market favours automation - Genetec's business.

Yeah, cut loss is also good, especially if one is on margin account. But the bottom line is that Genetec still a profitable stock although facing 'head-winds'. If you are a pure trader, follow the guidelines and cut loss then.

skyz. Not sure the entry point. I am not too good at guessing this. If Genetec turns a profit in next quarter, it may rebound to 25 sen - that is my target.

The only lesson that should be learnt is to be careful of market movers hyping up the stock. They are very intelligent people likely with market inside info. There is no reason not to suspect that they work hand-in-hand with the insider bangsats!

The weak quarterly results likely already factored in. Prior to quarterly results, price dropped from 27 sens to 20 sens in 2 steps.

KSL is reserving its cash for property investments. It's a longer term dividend play and at its price, still one of the better stock.

No one knows the future. If follow the crowd, that's exactly what the wolves want. I like penny stocks. Any stock can burn if follow the crowd. I am holding as I am not on margin account. Frontken also fell but rebounded to 25 sens before falling back again above its lows.

I am holding longer term. May even add more.

YTD it's still a profitable company. So no need overreaction.

@newbie119. The statement means that Genetec is just fulfilling the Government's Bumiputra policy. It depends on the price at which it is issued. It's only 6.6% of the paid up capital. So it will not have a drastic effect downward on the price. The company's profitability is still the driver of the price.

They are just talk. The market decides dude!

Some wolves including some company insider bangsats have already marked OTB. Whenever he hype up their stock, they are willing to pump up and sell. To do this, they would even push up the current quarter results. To buy back they would tamp down the next quarter results. They can do this because the quarterly results are not audited. There are circumstantial evidence that some, not all, companies which were hyped up are doing this. E.g. LCTH - no evidence its quarterly results were manipulated even though OTB hyped up the stock. So, for the sake of their subscribers, it is wise for market-movers like OTB not to hype up a stock. Just present FA and TA with balanced comments.

And don't forget the warrants, all the warrants!

Trending up. Still time to pick up till 30 sen at least. Vivocom as China's new silk road proxy is one of the very few counters that is hooked onto the only bullish initiative (and should be bullish for at least a decade) in a very bearish world. I expect investors to rush into virtually all well-managed new silk road beneficiary counters.

KSL should now concentrate on making KSL more profitable predicating on it's land holdings in strategic locations and its well developed investment properties like Malls and hotels. After the debacle in 2014, investors are looking at action and results and not words which they would now regard with a lot of salt.

Crude oil price is surging because of China stimulus and freeze by Saudi on production increase.

The profit is from tax reversal and will have positive impact on cash-flow since the company need not pay the taxes. The loss is from asset impairment - an accounting provision for estimated loss of value of assets beyond normal depreciation. This is due to the prevailing bearish market conditions and do not affect cash-flow. This can be written back again if market conditions improve and value of assets is revised upwards due to increase charter rates etc.