Not sure, just found out they are doing glove also, recently market started talk about this stock and so far not really much people discover yet. Additional that Vizione is well known in PPR housing therefore I think got hope la. If go public, probably vizione is the next rising star
Vizione has good prospect venture into glove and bidding solar project, According to the edge In a Sept 2 filing with Bursa Malaysia, Vizione’s wholly-owned VIP Index Sdn Bhd inked a heads of agreement to purchase a 51% stake in SSN Medical Products Sdn Bhd for RM5 million cash. SSN manufactures both latex and nitrile medical gloves, latex condoms, as well as specialty gloves such as elbow length medical gloves. About 80% of its products are exported to China, the US and Europe.Ng explains that the acquisition, which is expected to be concluded within 90 days from Sept 2, is part of the group’s strategy to beef up its recurring income as part of its expansion plans instead of concentrating on construction projects where there is no further income once the works are completed. So the news acquisition just around the corner before 2 december, why not when the acquistion is completely done vizione will goreng kaw2 like mahsing
Apart from that Vizione was previously actively involved in affordable housing before widening its scope to include infrastructure and engineering works.
It clinched the RM90 million 9.6MW installed capacity small hydro at Empangan Pedu, Daerah Padang Terap, Kedah, on Aug 7, and is tendering for hostel projects in Sabah and Sarawak, road works in Peninsular Malaysia, four dams across the country, as well as others, bringing its total tender book close to RM2 billion.
“We are actively involved in the bidding for solar and hydropower projects as well as government concessions for infrastructure as these are recurring income for us. We are now in the advanced stage of negotiations for a 50mw hydropower project, which should be concluded soon,”
Others solar counter was fly high why not vizione not follow other counter, this counter was good to hold till next year january, when joe biden was officially appointed as US President solar counter including vizione will join others counter to fly high, keep it tight guys, anytime this counter will fly high, patience was money for this counter, lets huat together
Somemore PP already complete wait for another script to come out, which in my opinion acquistion of SSN, After the deal is finalised, Vizione will inject up to RM25 million to RM30 million into SSN, expanding its nine manufacturing lines to 15 which may improve revenue and profit
So it can show that next QR will reflect super good outcome ? My personally think that next QR will be big turn over with a super good outcome due to construction recovery with Glove demand in the market. Both is the win win business.
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....
maxstore769
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Posted by maxstore769 > 2020-11-23 17:21 | Report Abuse
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