QR will be bad..sell fasttt..previous quarter also bad but it rose tremendeously after that..buy after quarter..another reason want to collect cheaper..sell more pls..hehe
Before QR coming out and announcement making by company, it is useless to share any news that is not yet confirm to influence others, UNLESS YOU ARE INSIDER. This is a BAD INTENTION.
paramon, rumours started when vizione stop making announcements on glove venture, you see Mah Sing and Luster regularly make announcements on the Glove manufacturing business plan, not like vizione always keep retailers in the dark...
People suspicious vizione only provide 5 millions to get 51% of SSN, which is unreasonable cheap, even with capital expenditure, it is still very low, compared with the amount of money like Mah Sing and Luster which will put in RM 150 millions to starts gloves business..
Many people think VIZIONE is using glove ventures to lure more people buying up the shares, at the end, they just will announce the termination of the contract with SSN due to unforseen circumstances...
the crash has nothing to do with the QR. the QR is improving in fact it is a bette result than the last quarter and net assets have increased to 1.03 per share, all time high value. Positive financial position for the company. It is the stupid declaration of emergency by the politicians that caused the FBM klci to crash....once we have clarity on the political situation, hopefully the stocks and VZN will recover.
Nothing to worry about a small drop frm 43 cent to 40 cent. I'm still holding. Wait for another quarter result before decide to sell or buy more ==========================================================================
YDP Agong Al-Sultan Abdullah berpendapat tiada keperluan buat masa ini untuk Seri Paduka Baginda mengisytiharkan darurat di negara ini atau mana-mana bahagian negara Malaysia.
@oskchoon thankz for your explanation, it is really too quiet if they seriously want to acquire SSN, like Mahsing and AT regular update their factories progress, VIZIONE make people keep suspect the deal may be delayed or terminated, I think the price will stagnant at about 40 cents until any further announcement by the management.....which they mentioned a period of 3 months since Sept.12
patience...looking at new directors invested in the company nothing to worry. Vizione's latest QR results showed an improvement and better net asset per share. this shows improved earnings...matter of time before the economy recovers.
stock is primed for a shoot up soon. budget once passed the stock will fly... and if we manage to buy the glove company, this will also fly. as of now, we have not entered the glove making business yet.
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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....
nasi555
18 posts
Posted by nasi555 > 2020-10-21 09:49 | Report Abuse
another glove play. Share big pie with the big players.