Own prediction from few months ago right after announcement of consolidation: 1. Corporate news / bonus issue - so far prediction is right on this one with the recent news of V-development / Regal group 2. Rights issue - yet to happen, let's see if my intuition is spot on or not...
You see it been moving up. Up n up. So you buy bcause it has moved up a lot n sure it will move up a lot more. When u syok2 buying it reverses course. Ok you can pick up. Only small loss. Then it keeps on dropping that you would never imagine possible when you bought, until you shit in yr pants. This is how you will lose money in this Vivo.
The only to move forward is to close bombastic price today.... Now all waiting on sideline....
Yes today go up to prediction RM2.00 The only to snare all ikan bilis....is to habe the price suddenly move in steady stream non-stop choo choo train method...
I'm so surprise the share price shoot up so crazy. Bad management Bad history
If you really want to invest, this is not the right company. Last time the boss also said order book billion billion and end up revenue only <50mil/quarter?
Can you trust this type of management/company?
Ofcos they boss will promise this promise that, but even he dint promise he is not going to sell any single share.
Think Think ba. Why want to RISK yourself with the pengoreng group? End up losing money.
@Steve Ooi, just ride with the trend and follow your trading plan. A lot of counters with bad FA, but you still able to earn big. If you are not comfortable, just stay aside, prepare the popcorn and coke to wathc the show :)
Sor Chai, investing in Malaysia does is not based on fundamental but follow the tide. Good companies like Top Glove, Supermax all also collapsed when announced fantastic results.
Companies like Tesla never make profit also trading at hundred times PE. learn how to "invest" in Malaysia Bursa, Sorchai
@Steve Ooi, I'm so surprise the share price shoot up so crazy. Bad management Bad history
If you really want to invest, this is not the right company. Last time the boss also said order book billion billion and end up revenue only <50mil/quarter?
Can you trust this type of management/company?
Ofcos they boss will promise this promise that, but even he dint promise he is not going to sell any single share.
Think Think ba. Why want to RISK yourself with the pengoreng group? End up losing money.
No calling sorjai here and there, later become like AT forum. Everything in our life is just a lesson, let's not be divided and be constructive on the good and bad points of a company ok? Better make peace than make enemies la!
Congrats if today you are one of the few percentage in the market who has total return more than invested capital. Tomorrow may be a different story so stay cautious in the market! Never sailang unless you want to be like the main character in World End Economica!
Many thanks to seejovin for his daily reports. I await his today, however
seejovin, you mentioned/compared Vivocom to Tesla. I will PM you tmrw regarding what I know about Elon and his vision (esp EV, space travel, Mars, a network of underground tunnels, his vision including Malaysia as a regional hub for one of his projects, etc). You analyse the trading stats whereas I know, perhaps more than you, regarding Tesla (and not necessarily Vivocom). Bcoz I’m in contact with a local investor that is currently negotiating with GOM and Elon on one of Elon’s projects that involves sub-orbital commercial travel
Thanks again seejovin but let’s concentrate on Vivocom trading rather than comparing it to Tesla
As Warren Buffett famously said: It's only when the tide goes out that you learn who has been swimming naked.
It means when time is good, everything looks rosy, but when the time is bad, then you know if it is worth one’s salt.
Vivocom proved that today. Once again, bucking the trend and advanced to break RM2.00 for the first time today.
Despite not being able to stay above RM2.00, it has nevertheless set the stage for more powerful advances in the coming sessions.
No small feat, especially when KLCI is down 21 points (1.31%), with 462 counters up and 730 counters down.
In my publication today, whereby I upgraded the target price to RM3.60 by December 2020, in it I pointed out that big data analytics revealed that all eyes are on Vivocom now.
Interests in Vivocom’s shares have never been higher.
My gut feeling tells me that there are a lot of investors still standing on the sideline, not daring to jump in yet.
I would like to highlight something that these investors missed: you can make a lot of money from investing in an otherwise ordinary company when the momentum comes, and likewise, you can lose a lot of money from investing in good companies.
MYEG, one of my favourite champion counter. Their fundamental is as solid as it comes, yet, a lot of people lost money when the stock hit double limit-down.
People never thought BN would lose after 61 years in power, yet they lost. And after they lost, nobody expected BN would again return to power, yet, here they are.
In stock market, it is the same. It is not whether if the stock is good or bad. Fundamentally sound, high valuation or whatever you tell yourself to put yourself to sleep at night.
What TRULY matters is if the stock make you money.
I am saying that Vivocom has made a lot of people money. Likewise it can for you too. It’s pure and simple a momentum stock.
The present momentum for Vivocom shares is very simply a straight line of motion upwards, to perhaps RM3.60 and beyond, sooner rather than later
this is pure supply demand game like what Jovin said. those come in and throw all the fundamental books etc is real joke. go back to your index stocks pls although no guarantee that you can make money there :)
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....
concernedworkerMCO
7 posts
Posted by concernedworkerMCO > 2020-11-19 15:34 | Report Abuse
engine started above RM2.. warrants still lagging behind!