Instaco (0069)

[johorphang]

Affin Investment Bank Head of Retail Research Dato' Dr Nasri Khan favours small cap construction stocks. His pick is Vivocom as emphasised in minutes 6.45 and 9.45
https://m.youtube.com/watch?v=2gqo5KWTBoU

 

[johorphang]

http://mrem.bernama.com/viewsm.php?idm=27043

 

[johorphang]

http://www.businesstoday.net.my/vivocom-keeps-on-delivering-secures-yet-more-contracts/

 

[johorphang]

 

[johorphang]

Edn-Day Review & Analysis 24 June
VIVOCOM rebounded mildly after earlier round of weakness influenced by the Brexit results and settled half a sen higher at 24.5 sens.

Total volume M increased to 42.45 M shares.

Today was the third-time in three-days that prices failed in its attempt to slip below the 23.5 sen support level.

This could be evidence that the underlying strength is strong and the selling pressure has started to fizzle.

The daily QA finished in positive convergence and signaled that a trend-reversal is about to start.

 

[johorphang]

https://brokingrfs.cimb.com/bJ85Xb7...LEnL5U3v_igduh-KtgjgEOSrr4Wok35e2tQgmHfB0.pdf
This is my response to others who hv called up -

May step down only mah. But also may not so what's the big deal.

Even if step down can still be engaged in other advisory capacity to ensure continuity. So what's the big deal.

Plus no great company is totally dependant on one person only. It's all a collective team effort. If depend solely on one person only, Vivocom will never be great.

Vivocom has a strong n solid management team in place n in the past few months has secured over RM1B worth of non CRCC projects which speaks volumes about it capacity to self sustain without being overly dependant on a single source for projects.

So what's the big deal!

 

[johorphang]

The negative reaction to the Brexit and the report on Edge seemed to have minimal impact on VIVOCOM so far.

Prices are back to it mid-February lows.
Technically, it is at a double-bottom and should be forming an important trading base here.

Presently, the QA signal are still negative and has not given the green-light for a strong technical recovery.

Pls see chart.

 

[johorphang]

Mid Day Review & Analysis 28 Jun

VIVOCOM closed the morning unchanged at 22.5 sens after having
tested its most recent-lows at 22.0 sens.

Volume was low at 7.05 M shares.

People appear to be buying in anticipation of a rebound rally in the not too distant future.

Some obvious bargain-hunting occurred yesterday and today.

The Daily QA closed still in negative divergence and has yet to give the trend-change signal.

 

[johorphang]

End-Day Review & Analysis 8 July

BREAKING-NEWS: THE QA SIGNALS ARE ON BUY-MODE AT CLOSE TODAY.

VIVOCOM edged higher in moderately active trading after the long holiday break and closed the day with gains of 1 sen at 24.0 sens.

A total of 22.95 M shares changed hands with buyers taking the upper hand by booking sellers on 55 % of the total trades.

Today was the fourth trading-day that prices managed to hold above the 23.0 sen support level.

Generally, traders are encouraged by this positive development and took advantage of setting to take fresh buying positions in anticipation of an upward price recovery-move in the near-term.

Other are looking to a successful move above the 25.0 26 sens levels before they are comfortable to enter into and take a buying position.

Technically, the Quantitative Algorithm signals have turned bullish at close and indicated a cycle or trend change.
This was the first time in seven weeks that this indicator has turned into a buy-mode.

 

[johorphang]

Mud-Day Review & Analysis 11 July

QA SIGNAL BULLISH....

VIVOCOM edged higher on light volume and closed the morning session with minor gains at 25, up a sen from previously.

A total of 10.75 M shares changed bills. Buyers were the aggressors, taking 82.8% of trades from sellers.

The overall chart setting has turned positive with prices moving higher to break its ten-day highs at 25.0.

The Daily Quantitative Algorithm signal expanded on its buy-signal and confirmed that the newly develop upward move is intact.