Instaco (0069)

[johorphang]

Mid-Day QA Review.
VIVOCOM made new rally-highs today at 0.265 and closed with gains of 0.005 sens.
Much of the total volume of 23.47 M shares were traded at 0.260 where 15.19 M shares transacted as mild selling resistance emerged.
The QA Trend-Tracker expanded on it positive divergence and continues to show that the 4-day old upward wave is intact.
A successful vault about the 0.265-0.270 levels accompanied with high volume would signal the expansion of the uptrend -move into the 0.285-0.295 levels in the immediate term.

 

[johorphang]

VIVOCOM 0069 - 2nd round begun on Monday, 4 days up 3c.

Today TOP 6 vol 34M closed 26c.

Vivocom's share price gradually and steadily but surely on the rise.

The overall upward trend still strengthening in sessions ahead, very likely reaching a new rally-highs at 27.5c - 29c within days.

More importantly, Vivocom's fundamentals remained solid with its latest results announced.

Management is confident of over achieving its 2016 profit forecast of RM45M. Heard can deliver PAT RM60M.

In the longer term, anything below 30c will look like a BARGAIN!!!

Enjoy d ride UPWARDS!!!

 

[johorphang]

Mid-Day -QA Review
VIVOCOM bullish-rally expanded on aggressive renewed buying on strong volume of 30.48 M shares and made new rally highs at 0.275 before closing the morning with gains of 0.01 sen at 0.270.
Traders were keen buyers encouraged by market-talks that an impending announcement by VIVOCOM and CCRC would be supportive for prices.
At 0.270, 17.04 M shares were transacted where buyers took the offensive and took 15.22 M shares off the sellers. At 0.265, buyers were the aggressors, booking 8.03 M shares from sellers.
A trader remarked that the main reason why prices are surging is ' simply because there are more buyers than sellers'.
Meanwhile, the reliable QA Trend-Tracker remains bullish for the near term price trend and indicated that the next upside price-target to be around the 0.285-0.295 levels.

 

[johorphang]

VIVOCOM 0069 – Largest and one of the most reputable companies in ACE market.

2nd round commenced last Mon, base price 23c.

Friday finished at 27c Top 4 vol 46m!

5 days up 4c, surging momentum charging to break 29c - 30c levels within days.

Vivocom with solid n sound fundamentals, revisiting double-top high at 34c in immediate future.

2015 full year profits came in at RM9.8 million on the back of RM99 mil revenue.

That's net profit margin of approximately 11% which is remarkable given usual construction margins only 5% to 8%.

Based on the CIMB report, Vivo expects to register a revenue of RM600 mil. Given the past year’s margin, expect to record a net PAT of RM60 mil this year!!!

Order book stands strong at RM3 billion. And believed to be still growing!

Vivocom is the construction stock all investors must have in their portfolio of investment.

Anything below 30c will is a BARGAIN!!!

Vivocom is undervalued now. With more investors coming in, expect it to move up to MIDF’s intrinsic value of 58c, and then CIMB’s of 67c!!!

Enjoy d ride UPWARDS!!!

 

[johorphang]

⁠⁠⁠VIVOCOM stayed firm and settled unchanged with a vol of 16.10M shares.

77.9 % of trades were buyers paying to take sellers while only 22.1% were sellers giving to the bid prices.

The Q ALGOR SIGNALS finished positive and suggested that we have seen the tail-end of the 7-day technical correction and are now set for an upward adjustment.

 

[johorphang]

http://biz.sinchew.com.my/node/133185?v=mobile#ixzz433YIt5qH

 

[johorphang]

 

[johorphang]

Vivocom 0069 - Top 6 vol 26m up 1c at 27.5c

Consistently a Top 10 volume leader the past 6 months since September 2015.

Market talk breaking 33c very soon n soaring above 50c after Q1 results announced.

Largest company in ACE market with superb liquidity.

A must have GROWTH construction stock with solid fundamentals !

Buy now before 1Q results are released!

Heard PAT between RM16M to RM19M.

Anything below 30c is a BARGAIN!!!

GAPPING up to MIDF’s TP of 58c, and then CIMB’s of 67c very soon.

Enjoy d ride UPWARDS!!!

 

[johorphang]

The 2nd wave has just ended.

We are now starting to witness the beginning of the new 3rd WAVE of the BULL.

 

[johorphang]

The chart say it all. It tell no lies and it is the reality of the stock.

Firstly, it kicked out of the upper resistance of the downtrend channel line.

Second, the very effective Quantitative Algorithm signals are on a screaming-buy mode.

Thirdly, the daily volume is at its best in eight days.

Market saying is"volume precedes price actions.
Pls take a close look at this chart.

This is a stock that I would recommend to my mum if she is alive!

The above scenario is typical of a stock that is on its way up.