we all know this surge is pure goreng. nothing else. and warrant has 3 years maturity date which too far ahead of goreng period. this share will fall before the warrant maturity date for sure, hence the price is lagging behind. but negative premium is still very attractive
Legendary fund manager Peter Lynch, famous for growing Magellan Fund from USD18 million in assets to USD19 billion in the span of 13 years said that throughout his career, he was always on the hunt for companies with potential to net him great returns in terms of share price appreciation.
In his book ‘One Up On Wall Street’, he coined the term ‘tenbaggar’ as an investment that appreciates to 10 times its initial purchase price.
Vivocom is EXACTLY IT, from its scintillating performance thus far.
To be precise, Vivocom’s share price is now trading 11.6 times from its all-time low of RM0.15, and it shows no signs of slowing down.
Vivocom closed this morning at RM1.74 with 54.40M shares traded, up 16.0% from last Friday’s closing price. A most impressive and formidable upsurge indeed.
The rate of change (ROC) at 16.0% is the second highest ROC per trading session since the shares started rising sharply upwards 13 days ago.
Traders continue to be aggressively on the offensive, evident from 13 consecutive days of gap-up upon opening, with the past 12 days average buy up rate at 54.7%.
This essentially means that we are only in the beginning stage of a SUPER BULL RUN.
This SUPER BULL hasn’t even gained full momentum yet on this unstoppable upward charge.
The best is yet to come I believe, and the key indicators all point towards a most sustainable rally ahead.
As I previously forecasted: we should be seeing the share price to trade around RM1.80 to RM2.00 region this week, thus completing ‘three white soldiers’ on a weekly period price chart.
Should the momentum accelerates, we should be able to see Vivocom to trade around RM2.30 by the end of the week.
Looks like I might need to readjust my forecast of RM3.00 by December 2020 and bring it forward to November 2020.
Vivocom is set to continue its present upsurge with conviction & determination, making it presently the most discussed KLSE MOMENTUM STOCK!!!
wondering something, anyone really concern PE for VIVOCOM ? Or even how they make $$$ ? Or just trade blindly and does not care about is vivocom earn or lost ?
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....
COW666
159 posts
Posted by COW666 > 2020-11-16 13:40 | Report Abuse
warrant tu anak durhaka lol