VELOCITY CAPITAL PARTNER BERHAD

KLSE (MYR): VELOCITY (7165)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

500,200


18 people like this.

6,077 comment(s). Last comment by yoyo 2 days ago

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-08 09:25 | Report Abuse

yes! i grab at 0.895 , 0.90.. thx

Posted by Hunter 88 Hunter 88 > 2019-05-08 11:12 | Report Abuse

Below 0.90 soon hahaha.lailailai....

kakisaham

7,263 posts

Posted by kakisaham > 2019-05-08 11:15 | Report Abuse

Lagi mau tulun ka

Posted by Hunter 88 Hunter 88 > 2019-05-08 11:24 | Report Abuse

Hahaha kasi turun 0.80 baru cantik ma...haha

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-08 11:59 | Report Abuse

alot of buyers Q at 0.905...

8888_

2,923 posts

Posted by 8888_ > 2019-05-08 12:27 | Report Abuse

Buyers Q is again Gadang?

8888_

2,923 posts

Posted by 8888_ > 2019-05-08 12:28 | Report Abuse

If coming QR again loss what will happen?

Posted by arcadiafire > 2019-05-08 12:32 | Report Abuse

Will probably drop for a bit because the panic-sellers who don't understand how to properly invest will sell it off, but after that will rise again because smart investors will pick up the shares at a bargain. The typical Malaysian cycle.

SDR245

1,675 posts

Posted by SDR245 > 2019-05-08 12:43 | Report Abuse

Dwl need bid for job. Current biz not profitable much. New management need atleast 2q to c te results.

Posted by arcadiafire > 2019-05-08 13:13 | Report Abuse

Yes, definitely 1-2 quarters to see results. So, as mentioned before in this forum, this counter is for long term INVESTORS. Not short-term TRADERS.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 13:43 | Report Abuse

If there is a big tranche of warrants converted into mother shares, you may consider purchasing its warrant . At that time, the movement of warrant will be in line with the mother share's. Now, about 2,408,000 warrants have been converted (proceeds = RM 1,444,800). Currently, there are less than 50,000,000 warrants left.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 14:11 | Report Abuse

Remember to have your own risk management. All i do is to provide some information and opinions, the rest is up to your own decision.

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 15:53 | Report Abuse

What a joke! When it was called SGB & dead @ 60c for a looong time, nobody bothered...now goreng up to 2.00 & down to 90.5c all excited like little children...no wonder so many losers in the market!

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 16:27 | Report Abuse

This time around, we have:
1. Ex-MRT Corp, CEO Shahril Mokhtar as DWL managing director.
2. Ex-principal secretary of sarawak chief minister, Wan Khalik Wan Muhammad as executive directors.
3. Bestinet founder, Datuk Seri Aminul Islam Abdul Nor as substantial shareholder (30%).
4. Gadang holding berhad as substantial shareholder (10%) and joint venture partner.
5. Cash position at 28 mil.

SDR245

1,675 posts

Posted by SDR245 > 2019-05-08 17:11 | Report Abuse

5 strong reason. Just keep. Hold tight

ryanlcc

260 posts

Posted by ryanlcc > 2019-05-08 17:13 | Report Abuse

I learnt a valuable lesson from this counter.

GOOD LUCK !!!

Posted by Ling Kee Man > 2019-05-08 17:30 | Report Abuse

Lol ryan...u have been repeating good luck many times

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-08 18:25 | Report Abuse

Gadang pp, fund raising

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 19:49 | Report Abuse

When it drops below 90c, then 85c, then lower...this thread will become quite again, like just before it changed it's name lol

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 19:54 | Report Abuse

Today my broker told me about a client who started buying Sumatec @ 25c in 2014 because he was so convinced about all the good news that came out about the co. in 2014 & after all, it dropped from 62c in 2014...what a bargain right??? Ended up he collected 3 million tickets at an average price of 18.5c. And he's still holding them...

Loss making co. in a teruk sector with lousy prospects...dun play play!

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 19:57 | Report Abuse

Vivocom is another hot stock(wah this! wah that! several years ago) that caught a lot of ppl(including some very savvy investors I know) in 2016.

One was complaining that she was losing a ton of $ in Jan '18 when it was still 12c. How much today?

Posted by Ling Kee Man > 2019-05-08 20:03 | Report Abuse

Ok bye dompeilee

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 20:15 | Report Abuse

In 2014, Sumatec's debt was about 30 million, and its cash was only 1.5 million. Throughout the years, despite having reported several quarterly earnings but the only thing that increase was trade receivables (Now, it is reaching 157 millions). Of course, they will be facing cash flow problems.

In comparison, DWL is a cash rich company without any debt. The joint venture between DWL and Gadang indicated that they are looking into construction sector. With the re-instatement of ECRL, Bandar Malaysia, and record budget in sarawak, how come you said it is in a teruk sector with lousy prospect?

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-08 20:17 | Report Abuse

Thanks

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 20:24 | Report Abuse

1) Right timing: Their movement coincides with the right timing (Reinstatement of ECRL, Bandar Malaysia and Record budget in Sarawak)
2) Right place: They are in the right place which is Malaysia (It is pumping up construction sectors)
3) Right person: Their company is managed by the right people (Ex-MRT Corp, CEO Shahril Mokhtar as DWL managing director.)

lclwyp

691 posts

Posted by lclwyp > 2019-05-08 20:32 | Report Abuse

I think 0.90 will have some strong support.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 20:40 | Report Abuse

Vivocom's NTA contains too many intangible assets i.e. consolidated goodwill = 146 millions (This is the final amount after multiple impairment.). I won't touch this type of stock.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 20:47 | Report Abuse

Recent announcement on Gadang's private placement implies that their cash flow isn't strong enough to cope with the expenses of their current projects and the projects they expected to receive in the near term. Here comes the question, what is the reason prompting them to spend 18 millions (nearly half of their expected proceed from the private placement) to purchase 10% shareholdings in a little-known company, i.e. DWL.

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 20:57 | Report Abuse

I'm not saying DWL will not rise, but those hoping for it to revisit 2.00 soon better think again...the way it goreng-ed also reminds me of Eastlnd & Sersol,which were goreng-ed to 1.00 in 2013. Don't trust all the news.

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-08 20:58 | Report Abuse

The huge buy Qs are consistent with the trademark of a manipulated counter. Y manipulate when the prospect is so good?

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 21:03 | Report Abuse

Revisiting 2.00 is impossible in near term. That is why we need long term investors. I totally agreed with you dompeilee, don't trust all the news. Whoever wants to invest must do their own due diligence. Don't simply accept what other people says including what i said here, because none will pay for your own losses.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-08 21:09 | Report Abuse

Please don't trade, there are operators inside this counter.

Posted by $$$< GOODLUCK >$$$ > 2019-05-08 21:14 | Report Abuse

Ali , Report to MACC .

Posted by stockjobber > 2019-05-08 21:35 | Report Abuse

I think this is their modus operandi : Push to 2 and dispose as it goes down; ppl might think its cheap at 1.5 and they sell down again and again' in the process all retailers are stuck.

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-05-08 21:36 | Report Abuse

coming few month, they would not much movement.

Posted by stockjobber > 2019-05-08 21:55 | Report Abuse

This is a clear-cut pump and dump counter...pump all the way to 2 and dispose all the way down; its considered expensive even at .6....., stay away !

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-08 22:05 | Report Abuse

Announcement soon, no announcement gg liao!

kakisaham

7,263 posts

Posted by kakisaham > 2019-05-08 23:12 | Report Abuse

Tomolo lagi mau tulun ka

Posted by Ling Kee Man > 2019-05-08 23:19 | Report Abuse

How u know next year ? Can tell me 4d num for this saturday? Kikikiki

Posted by Ling Kee Man > 2019-05-08 23:34 | Report Abuse

Ooo u so smart ar.then what share u play le?

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-08 23:46 | Report Abuse

See result tell story. Worst than fortune teller.

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-08 23:47 | Report Abuse

Dwl green tomorrow

Posted by Ling Kee Man > 2019-05-09 08:46 | Report Abuse

The fact that you use 2 fake account...and u expect us to believe you?

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-09 08:54 | Report Abuse

Miredo, so what is your call now?

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-09 09:12 | Report Abuse

Miredo, thanks anyway. But at this moment I only fight together with buddy here

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-09 09:16 | Report Abuse

i also fight together....

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-09 09:16 | Report Abuse

Wahhh....up half sen in a down market...faster go & chase!

dompeilee

11,888 posts

Posted by dompeilee > 2019-05-09 09:17 | Report Abuse

NTA under 50c btw.

Ali Azmi

125 posts

Posted by Ali Azmi > 2019-05-09 09:24 | Report Abuse

No news yet. Why rush?

kakisaham

7,263 posts

Posted by kakisaham > 2019-05-09 09:27 | Report Abuse

Limit up

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