4 years ago I made a good fat profit from this counter. It was above 30 cents then. Now I believe it may even hit RM 1 which implies after consolidation shall be RM 10. Time factor 4-5 months.
To those that look at “fundamentals”, please look beyond revenue and profits. Read one of my posts on Friday
With a vaccine, borders will open up. Property market will start being healthy again. Construction and engineering will start getting more book orders. Those are the main industries Vivocom are (and will be re properties) involved in
If Vivocom was a pump and dump counter, it would have fallen to below RM1 by last Friday
If you are a contra player, hope you made lots since 2nd Nov time and time again (ask yourself why it’s “time and time again”). If you are an investor that bought at 50cts, even greater for you (for ignoring the hikes and being strong)
Tbh, to me, there can be 2 scenarios. One can be drastically negative. The other doesn’t apply to contra traders at all
I’ve made profit on this counter. I still keep a bit
It takes time for people to realise but in shares market 3 weeks continuous higher weekly price is good enough, it shows that it has more strength to go higher, more eyes are on this stock next week and beyond
Haha. Looks like there are an equal number of believers and non-believers here. Speaking for myself, i have benefited (made some money) from this counter (thanks to the superb reports/analysis and price targets by See Jovin). Am still holding some good amount of shares. In his last report, he upgraded the target price to RM3.60 by end December (which is another 100+% from last Friday's closing price of RM1.74). So far, he has been very accurate to the dot and i have a strong gut feel that his revised predictions might come true again. Time will tell. i will be more than happy at RM3 .... won't you ?
Nobody can force you to buy or sell. Its your money and your choice. Happy trading.
"Vivocom definitely NOT a Pump & Dump play - owner ( 3 years Moratorium), no Shares to sell also." by the boss
Rubbish promise? Ofcos he will say that, becasue he can't sell not he promise not to sell. is 2 different things. Once he say he promise mean he want build confident to naive retaier, but in fact he can't sell. REASON, you know I know.
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As I mention my cost is around 40-50sen and I sold at 1.70 sen. Why i need to sour grape since I got a gain of 200%? I still inside the VIVOCON boss private group now.
Nov 20, 2020 3:28 PM | Report Abuse
seejovin is inside the private group also.. Actually all of us under then private group buy Vivo before share consolidate. So basically you know how much is our costs, No pain at all even drop 40sen for us.
actually if read in details of the V Development in year 2018 and 2019, it actually has 0 revenue which is something we need to be aware, it states that the revenue only be generated in year 2020 as their project just launched in 2020, but as we see in the so called landbank they had amounting value of 1.5bil, most of it has no firm development exclude for Mines Villa which only constitutes 38 mil of GDV, Residensi Inspirasi Setapak, 270 mil of GDV and eLVi Kemensah, 248mil of GDV for a consideration of RM170k (we all know is hard to fully gain the expected return from property but lets assume the amount gained is what they reported.
The issue price to Golden Key, an investment holding Company with 100 Share Capital, cost Vivocom @RM0.35 for 169,936,172 ordinary shares. Such low cost with a moratorium, I see no problem at all as their holding cost is so low and they can dispose at 2 years time later and goreng again when time come
The major shareholder now hold the shares in a much much lower cost, stating 3 years no sell of his shares (Bursa required 1 year, he volunteer 3 years), but be aware, Golden Key becoming the major shareholder with 18% shares in hand but their moratorium is only 1 year. they might start throwing upon the moratorium ends.
Vivocom opened gapped up at 1.79 to reach as high as RM1.82 before coming back down to RM1.74. This showed that Vivocom is still in consolidation phase.
Taking into consideration that today is T+2 for short-term players, this is indeed healthy and quite normal in a consolidation mode. As seen on the daily chart, the support is forming at around RM1.70/1.75 trading region.
From my technical analysis, indicators show that short term selling is drying up with medium-term uptrend still intact.
In my opinion, I do not think that Vivocom will trade below RM1.70 as traders will protect this level faithfully.
So what does this mean for Vivocom in the coming days? It means that we could see Vivocom regrouping in RM1.70/1.85 price range before launching to soar higher. Bear in mind Vivocom’s average trading range or ATR is 15/20 pips.
At the moment, the general market sentiment is slightly dampened as traders are pricing in a potential rejection of Budget 2021 by the Parliament. Should the budget be rejected, the downside is limited as it is already within expectation.
However, should the budget be approved, it could serve as a potential catalyst that jolts the market back to life. Positive general market sentiment will allow Vivocom to test the previous high: RM2.05
SAMAIDEN 1.590 +0.09 (+6%) OTHERS SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD") SAMAIDEN GROUP BERHAD
Type Announcement Subject OTHERS Description SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD") The Board of Directors of Samaiden is pleased to announce that Samaiden Sdn Bhd, a wholly-owned subsidiary of Samaiden, has on 23 November 2020 received and accepted a letter of award from BTM Biomass Products Sdn Bhd to undertake the Project.
Further details of the Award are set out in the attachment below.
this volume of selling is really some intentional bulk selling by sharks, as you can see there are wars between two group or someone is just manipulating the stock and buy back after in a lower price, let see if it rebound later. if yes, good luck to this conman counter, can consider to exit later
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....
Noni
709 posts
Posted by Noni > 2020-11-22 14:09 | Report Abuse
I am not using T3. I am using DF till T7