Maybe tracking nasdaq index fall or maybe investor thought that with school opening the sale of laptop and smartphone will slowdown. Still some IPT already opening and Mydigital Initiative will boost this counter growth. even only Malaysia market there is huge room for revenue to grow with rapid expansion of e-commerce applications, digital learning, digital industry and transformation to e-government with cloud base. What best about this stock is the management did not easily diluting their shareholding with esos or private placement plus huge net cash.
Beware of Kenanga. They have sell calls on Media and Armada but their share price rally. This counter they ask to buy and their'clients' happily distribute.
@johortin88, agreed with you. I alrdy 'kena tipu' many times by Kenanga analysts. One of them is JCY which i lost almost several thousand ringgit. This analysis company should close down for giving false and untrustworthy analysis.
gohkimhock, been closely following what u said ever since I entered this counter but I decided to cut loss since fundamentals means nothing if no crowd behind this. Glad u see that side too. Let’s look elsewhere bro
Despite all the bad comments and criticisms, I will still have my buy call for Vstecs as this is the only tech counter I see having proper real fundamental.
Those kenanga ib snake buy calls means this bugger's are finding scapegoats to offloads their cheap holdings to uninformed and dumbed . Later after disposing this snakes will twist their tongues and issue sell calls for them to collect cheaply . Now tech stocks are facing selling pressure and don't get conned.
Holding steadily at the range of 2.40 despite slow moving for the past few weeks . This should be the stop lost pointer price . Next surge can easily make some profits if buying currently at this price range .
Post pandemic, the world will become more contactless and more virtually connected. These trends will continue to drive demand for ICT products and equipment to increase efficiency and workforce productivity. We are optimistic to grow our business further with the recovery of the domestic economy together with the market trends on e-Commerce, workforce mobility, work-from-home (“WFH”) trends, and digital transformation.
VSTECS recent partnership with SAS, an America multinational analytics software developer, has positioned it as a central player in accelerating Malaysia digital transformation in analytics and AI for businesses and SMEs ...
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....
jamishoot
81 posts
Posted by jamishoot > 2021-03-03 10:47 | Report Abuse
Have to take risk with some greedy spoilers..