You made mil from Supermx and what are you doing here in a counter like Vivocom? If i have a mil made from glove like you , i think Vivocom have long been forgotten . Don't mention about putting a comment , i will not bother to even click on it.
Very good positive analysis to balance up the stock market so that more people are aware that it's all controlled in stock market, you can almost never win big in this financial tool by the elites to drain your money since hundreds of years ago. As the saying goes 'don't reinvent the wheel'.
As expected. Sell rate % is very high today. Anticipate more selling pressure in the coming days ahead and 4.5c might be gone pretty soon. Many people might still be unaware about the consolidation taking effect on Nov 3.
If they collected enough where majority sold at loss, then next step is to pump and dump since they control most tickets and not worry have to share the profit with you during the pump. And you'll start seeing stories coming up out of the blues to lure newcomers help push the price.
If they did not collect enough due to stubborn strong holders, then next step is to call for another round of rights issue to depress price until you go crazy or your shares becomes toilet paper. This means most of them are already gone or silently bought enough to average their cost close to 0.02.
Either way I see it, you lose. End of story for now.
Go to their office before batu caves (across highway just opposite Weir Minerals office) and you'll see nice cars parked in front. Spend few hours in the nearby mamak. You'll start to appreciate my story more and understand the bigger picture of the existence of such companies.
Actual story 1: timeline for remaining $25million rights issue proceeds from 2018 has ended in August 2020. No announcement has been made which means probably utilized for investment. Either that or Bursa close one eye and didn't force them to announce what are they going to do with it. Or probably just vanished into the pockets of directors.
Actual story 2: no updates of Coneff court case against Vivocon since early March 2020. Maybe due to MCO/Covid19 so the case has been delayed or on hold.
Yu_and_Mee please take your money to other stock. this stock also hopeless, seriously. Yu_and_Mee after consolidation, will goes back to 0.05 from 0.450.
Tell that to the big shareholders haha. I guess they delay the annual report so that nobody knows who is inside until the time is right. Additional 6 months to prepare for annual report announcement just by changing the fiscal year end, nice...
Many here stuck for years. Gone thru 0.015 and 0.06 . Make no different. Entry point many fold of 52 week high. Can consolidated whatever , just don't ask for more right issue. Don't ask money to pay salary. Cannot perform , change a team who can perform
can someone pls reply my question? i sold ytd at 4.5c, should i buy back or not? @Carefully say will venture into glove biz ma not meh, im newbie la pls advise
Damn, this counter really vivoCON. Kena trap here don't know how many years already.... now go consolidation..... after consol, nanti drop somemore...I gave up. sold at 4.5c today.....Getting sick of this counter!
@Sapulah888 operator see so many comments in forum, feel like got interest in the company, so they spike it up, hoping to bait new players to come in and buy so that they can exit (in other words, pump and dump). However, too many people already know vivoCON's history as a con stock la, so there is no follow through buying. Best way is just to stay away from this kind of operator and stock.
dalam banyak2 stok, vivocom yg paling pelik.. biasa nak consolidate , ramai dah lari... ni masih steady kat 0.045, ikan besar masih kt dalam tak keluar2...
Kepada semua warga saham, Kalau mau beli vivocom, sila rujuk malaysiastock.biz, nanti akan faham. Jangan menyesal sesiapa yang telah beli, cepat cepat jual, harga dah naik 100% banding dengan 2 bulan yang lalu. Buaya sudah mau jual sebelum consolidation. Insyallah.
This company has conned many from those earlier days when called Instacom. Project started from Communication Towers than Neta Aluminium than Construction. Changed names than introduced many issues like bonus and Rights as though benefiting the Retailers. After issues of Billions and share price not moving, now want to consolidate. Why?
Unless, the company has a very Big viable with tremendous making profit projects which they have in their crystal ball which non of us know. Than I don't see any reason for this exercise to be done.
The next issue is.... Yes, we have the Sharks which have accumulated these shares and holding them till today in Billions/Millions. They might be related to the main Company shareholders, playing for them for the years (maybe only)
These so called Sharks already made their money when they started manipulating Retailers from 0.35 or more till the price went down the toilet bowl. They have waited for their time till today and maybe want to make a last quick buck.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bullrun7
17 posts
Posted by bullrun7 > 2020-10-19 10:23 | Report Abuse
selling volume getting stronger, is there hope to sell at 0.05?