vinvin, you got me. I don't know anything about this apa ini DVM. You see I have limited money. so when I invest, I must know about the company business well so that I won't lose my limited amount of money. Money is hard to come by for me. So I must make sure the business is durable, make profit and have shown they have been doing it for some time, real profit and not "managed" profit. Got cash comes in, and don't owe people a lot of money. Furthermore, the price must be right. Anyway, since you ask, I must give my sincere opinion on the business of this company, not its share price performance in the future, because i don't know.
"DVM provides specialized telecommunication, data communication, computer networking solutions and communication infrastructure services". It is a "preferred converged network services and ICT provider in Malaysia". Note the " " I used because this is what they say, not I perceive. Very impressive isn't it? Not to me. First I must ask, have they been proven that they have been making money? Isn't making money is more important than all those impressive writeup?
DVM has been making losses since listing; 7.4 m in 2011 and 4.6m last year. Its balance sheet has an accumulated losses of 20m. It has 4.8m cash left but owing banks 9m. How much money left to lose? That is why the need to get money from shareholders through right issues now. The NTA is only 5 sen but it is trading at about 10 sen. Why people pay so high for this stock which loses money every year and price paid twice the NTA? It must have some very promising future soon? Big lucrative contracts coming? This I don't know. for me, as I have said I have limited cash and I won't bet on some future expectations and promises. Often janji tidak di tepati.
Tq kcchongnz, I've also gone through their financials n have agreed with u that it is a lost making concern since listing. I'll leave this counter alone. Tq again.
Kcchongnz, I don't mind telling u that I was caught in Patimas by joining the crowds when the counter was hot. Now I'm left with 300,000 shares bought @ 0.135, 0.080, 0.040 n 0.035. Only hope some miracle will take place!!!
I also happened to read ur comments at the KNM forum n sound logic to make some money. I've also bought some KNM shares at a higher price i.e before the rights issue. I'm still keeping them, maybe to add somemore on Friday if the counter drops.
I wish to reiterate that last year profit of 32mil is not cash profit just like sephiroth said. People still dont get it. Analyts DO NOT COUNT one off profit like what Ivory achieved last year. My boss previosly has explicitly instructed me not to count one off profit. The company profit from operations was zero or close to zero last year. That will be figure analysts will use to compute EPS which in turn give the com a P/E of >100.The company HAS RECEIVED NO COVERAGE from any investment banks for more than a year now. Has anyone wondered why? Nanyang and newspapers dont count. Fund managers dont care about that. Only reserach houses can give formal ratings. Low may have acquired share but those were off market acquisitions. He could have simply bought it from one of his nominees. That does not constitute a buy, merely passsing the buck from the left hand to the right hand. Dont get to excited about Bayan Mutiara. Dijaya is the defacto owner and boss now as they have 60% voting rights.
sell on stage, example. dispose 20% share holding once up 20%+- and so on, but for me i will hold cos now penang DAP win. Their stock sure support by Penang DAP, how true is it?? he he he time will tell. Buy at own risk ya!
Then how come they can get huge project in Penang, Impartiality with no offense I personal feel u all result study all base in book and news which is fact. Sometime it's not like what u think and study. U no need reply on this, and u feel No right then go ahead. I hv nothing to urgue to u thanks
Dear i3 Investor kaki, why use a T+3 when you can have T+10 account with no interest charged. Brokerage 0.42% only. Kindly visit http://t10.klsestocks.com/ to understand more about T+10.
yewkhian. since when are news facts? Reporters have never been trained in financial anylisis and you arent either. In fact, your substandard english needs substansial training before you are even in a position to anylze companies based on facts. The fact is that Ivory has surrendered 60% voting shares to Dijaya. The fact is that they made a consious decision to pay a price that was above market value for that land until they had to rope in Dijaya for help. The fact is that no developer will find a JV partner if they think that they have such a promising tract of land unless they have no money.
impartiality, fyi no need good English and good grammar to earn from mkt and now ivory up already. You bite me?? VinVin more to come ya. hold ! Buy at own risk :)
impart... Ya, who know ya! Anyhow I also don't care what u say as long as I earn but like keep say how pro u in analysis also can't prove u earn :) Ho Ho Ho please check on CVIEW 1st I post there! Buy at own risk, I hv nothing good compare to expert but ... Ppl do; God watch. Opsss! Broken English again, I am so sorry
By the way dear investor, I follow what cold eye did. I earn 10 cents 50 cents from his pick. I did study company result and do visit developer since I am now jobless cos grammar and English bad no 1 wanna employed me. Happy investing @ Huat AR!
Yewkhian, v don't care whether ur english is good or not as long as v understand u. After all v are not going for examination. V are here to help each other or one another for whatever tips or informations that we got for all our trading friends to know. It's up to individual to assess the informations n make their own judgement. My english is also not very good but people understand.
VinVin... Happy ? Hold ya, no need pro to earn $$$$. Sorry ya I am not educated person, only Sendiri cakap Sendiri SIOK! CBIP and Sendai "Mayb" coming ! Buy at own risk !
yewkhian. What made you think I didnt earn any money? No one has any proof that you earned either. Not everyone has the same motive when they ask people to buy shares. Are you so naive to think everyone is so generous to give people riskless profit for nothing? Some bosses ask people to buy in order for them to sell. Welcome to the real world. That is how many retail investors get burned. The person (insider) that asked you to buy are the ones laughing all the way to the bank. By the way, I dont trade such pathetic counters. I trade much more sophiscated derivaties (options, swaps)
haiya, see... u think too much, world no free lunch but there is good people there. for sure i study report although my english not good. Boss like Supermax's chairman is damn good can u leave me alone and let myself talk to ppl wan to listen?? thousand thanks! ppl buy share and they know buy at own risk and they are adult, fyi u are not here to accuse ppl. RESPECT please :)
You better watch you said you little imbecile. Forums are mean for intelligent discussion and not a place to spread unsubstansiated rumours . Asking people to buy stocks out of thin air is unprofessional and unbecoming of an investor. You should go to the wet market for that.
I buy cos Ivory going launch new project soon and Dijaya strategic alliance will launching soon. Please go thier we'd site and study. I am not like u lecturer ppl, wet guy
You are worse than a moron. What games do you want to play ? Lets start by betting on when your company is going to be investigated by Bursa Malaysia for accounting fraud. Go back to the wet market for these type of trash recommendation, moron.
You think you can keep on playing with people's money by asking them to buy a worthless stock. Nobody really knows whether you are buying or not. You may be selling. Investors need protection from moron like you.
Oh No, moron + wet guy warn me already. Yo Yo Yo, I buy this stock base on total 10 billions project in Penang. I want to make u "make noisy" around to show how good EQ u are ! I do some homework and paste here later to prevent "small people" cucuk me. See you and I always here
10 billion? You are the worst moron and wet market stall owner Ive ever seen. You dont even know that the Bayan Mutiara project is not entirely theirs and they can only recognize 50% of the revenue at best due to the joint venture. I dont know whether you chose to intentionally misinform potential investors or not. You can choose to say whatever you like but you have ovestated revenue by more than 5 bil. You are a small time con man at best. I may be small in physical size but influence wise, I am far from small.
But stupid moron + wet guy say here wrong la there wrong la, haiz...
later i post again the articles from cold eye, to show i follow him.
my FENGSHUI master told me this year i willl meet "despicable" "and wicked" person so i will be careful of my wording. IF NOT Later TWISTED BY PPL SURE KENA BURSA MALAYSIA ENQUIRY :( MY ENGLISH NO GOOD SURE CAN'T WIN HIM.
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....
kcchongnz
6,684 posts
Posted by kcchongnz > 2013-05-01 12:21 | Report Abuse
vinvin, you got me. I don't know anything about this apa ini DVM. You see I have limited money. so when I invest, I must know about the company business well so that I won't lose my limited amount of money. Money is hard to come by for me. So I must make sure the business is durable, make profit and have shown they have been doing it for some time, real profit and not "managed" profit. Got cash comes in, and don't owe people a lot of money. Furthermore, the price must be right. Anyway, since you ask, I must give my sincere opinion on the business of this company, not its share price performance in the future, because i don't know.
"DVM provides specialized telecommunication, data communication, computer networking solutions and communication infrastructure services". It is a "preferred converged network services and ICT provider in Malaysia". Note the " " I used because this is what they say, not I perceive. Very impressive isn't it? Not to me. First I must ask, have they been proven that they have been making money? Isn't making money is more important than all those impressive writeup?
DVM has been making losses since listing; 7.4 m in 2011 and 4.6m last year. Its balance sheet has an accumulated losses of 20m. It has 4.8m cash left but owing banks 9m. How much money left to lose? That is why the need to get money from shareholders through right issues now. The NTA is only 5 sen but it is trading at about 10 sen. Why people pay so high for this stock which loses money every year and price paid twice the NTA? It must have some very promising future soon? Big lucrative contracts coming? This I don't know. for me, as I have said I have limited cash and I won't bet on some future expectations and promises. Often janji tidak di tepati.
Please don't follow me. Make your own decision.