Actually im inside the private group where Vivocom's boss keep on say VIVO will hit 2.80. Boss on tuesday mention on friday VIVO will break 2.25. But it seems like he want traps us inside. I leave the boat early, so I share this is because I don't want the naive retailer belief what they said. Purely goreng stock, boss word can't be trust. He himself is the operator.
the message i saw as well, pending really why the reason for RM2 at now. UMA has not issued yet surely got something going on. the shares being sold till now is about 20mil. just in this hour since 11. I want to know what happening to the holders.
If you have no support, will you able to give such an unrealistic target price and the target price can keep upgrade in just few days. Yesterday the share price already show weakness and today the selling momentum continue. Just wait the price settle down and see if any buying opportunity. Better still just walk away :)
Today Vivocom closed the morning session at RM1.78, with 36.49 million shares traded.
There is some jitters surrounding the stock today but let’s review the score:
First week (2-6 Nov): RM0.50 to RM1.00, up 50c.
Second week (9-13 Nov): RM1.00 to RM1.50, up 50c.
Third week (16-20 Nov): RM1.50 to RM1.78, up 28c.
Despite the retracement that is happening today, we are still up 28c for the week.
Once again, I would like to highlight that previously the interests in Vivocom 2015-2016 lasted about 9 months, we are just in the third week.
The game is far from over. In fact, what my analysis tells me is that the game has just begun.
As I see it, presently market talk is that this Vivocom is another Pump & Dump play and very soon will the price will collapse. Naysayers and sceptics abound always.
This has caused investors to rightly be nervous and anxious that the price might plummet soon and hence prompted many to sell and lock in their profits.
I beg to differ however. From my close monitoring and analysis on Vivocom's trade velocity and its recent’s announcement of a 3 year moratorium on the new owner’s shares, I’m very bullish about Vivocom’s share price.
The moratorium has essentially remove a big chunk of shares from the supply side. I estimated only 150 to 200 million shares in circulation n actively traded
Only ~150/200 million also not enough shares to meet the huge demand for Vivocom’s shares due to pure momentum trading.
Shares under moratorium how to dump la. The logic doesn’t make sense.
Given time, once the public know that Vivocom is not a P&D stock, it will shoot up like a rocket back to prices at RM2.30, then RM3.00 and RM3.60.
KLSE needs a stock the public can trust and believe in.
if you noticed those who bash this counter are really low life, they have nothing to do than just spread hates & negativity. Need prove? Just go to their profile and read all their previous comments, I highly think they bought when price was high and has no LT vision on counter that has potential. A descent example would be seejovin with an extra 'n'. A well known investor bought in early and even though price going down, its locked profit not cut loss. You are definitely a scalper, at its best :)
Suddenly you see so many NAYSAYERS coming out from the woods. These are employed by syndicate who wish to stock up huge for next week run. Your decision if you want to run now. Dont cry mother and father next week.
seejovin, despite the trading patterns and trend, I actually need to know more on the fundamental on their businesses. As my personal interest is on company growth, and this counter has not given any public info yet on the development. Is there any supporting info for your target price? would appreciate if you could share.
The Company is still in P&D, with no further landbank development, I see no clue in the spike of price for the past three weeks now.
As for future development, the Company if going out from P&D, they will need to announce diversification of business, if the threshold of revenue, profit and assets held under the new business surpass the requirement of MMLR. And this need our approval via general meeting (AGM/EGM). I dont see the AGM will discuss on this based on the notice of meeting as well as any announcement made by the Company.
Surely, the price should spike at some point, but not now I guess. Now purely someone manipulating the price to push it to the level then to sell off their own shares when their development is firm, which I am sure insiders has the news on their hand.
Just sharing my thoughts, I am still holding a small portion following your analysis for short term gain.
Hope could get your justification further in terms of business aspect.
Buy if you believe, stay out if you don't. Don't need to use scare tactics or name impersonation to confuse people. We are all here for opportunities to make money. There's always risks and rewards to every investment and we should appreciate what the REAL See Jovin has contributed to this forum, spending his precious time to pen all his analysis. Give him due credit for doing that. The price have appreciated from 50c to current price of 1.78 since 3 weeks ago and he has indirectly helped many people to make some good money. And this is a FACT !!!
Seejovin, was just sharing his views. There's no 'seejovinn' as the same person. His assumption and views are based on his technical analysis. He didn't ask anyone to follow or belief in what he has posted. At least he gives a half day and full day report for others to go through. Your money, your investment and trading. No need to follow if don't like.
In my view, sometimes, there's no explanation on why one stock defies the odds of going up without any backing or solid fundemental. Maybe, Vivocom is such, I don't know. We don't have a crystal ball to see how the price is going to move from now onwards.
That's why I said earlier.... Manusia memang manusia! What does this mean? When things are good and great Everyone rides the wagon supporting others comments. When down, the same person can turn around and say the opposite.
Siva68, the interest of buying reported by seejovin only since early this month has indicated a buying volume of average 50% per day, it actually shows a big pile of shares being traded and hold by certain peoples. So that is why I am asking for business prospect instead of trading trend, as this would affect the shareprice later on when it reach to a certain point.
Not to be naysay, I am actually considering to add more if it is firm and solid supported but as investors we need to know what we are investing.
From my point of view, this counter is being collected by operators with insider news and development news on their hand, waiting to be release at certain time. Today's retrenchment is just a war between operators and panic sell of retailers. We may not know.
In the first place. This stock has been going up since the exercise. There's no such thing that a share price needs to shoot up like nobody's business every day or week. Yes, definitely there's going to be profit taking along the way. That's healthy. Take a breather. P.S. No need to follow what I post. Just my take only.
Anyhow, is Friday, for those who is owning, continue to hold or add more if you are comfortable and believe in it. for those losing, no need to panic, the trend still goes on at least for the next two months, and we can wait until AGM's announcement to decide. For potential buyers, assess your own risk profile to make decision.
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....
DreamGuardian
1,169 posts
Posted by DreamGuardian > 2020-11-20 11:33 | Report Abuse
Nanti itu investors semua habis lari woh