Instaco (0069)

[johorphang]

End-Day Review & Analysis 18 May

VIVOCOM established fresh decline-lows in late-afternoon selling pressured by T-liquidation at 31.5 sens.

Prices closed the day off marginally from its intra- day lows at 32.0, down one sen from previously.

Daily volume was moderate at 69.6 M shares.

Sellers were the obvious aggressors, giving 71.6% of total trades to buyers.

As at closed, prices are at their 13-days low and is now considered to be in a grossly oversold position.

Signs of a strong imminent technical rebound has yet to emerge.

Today's technical flush-out has taken prices into an extended-move and this would halt only when weak holders are completely bailed-out or when buying-interests return in a big way.

When would the price recovery starts?

I honestly do not know.
I know that it would take place when we least expected it to happens.
That is guaranteed!

The Quantitative Algorithm signals remains weak and showed that the current trend is still negative.

Vivocom shall rise again n again n again. Don't stop believing. Our fundamentals are sound n solid.

We are just at a bad phase of extreme irrational bearish market sentiments.

Nonetheless, it nows presents an excellent opportunity to accumulate Vivocom shares.

Be A Contrarian!

 

[johorphang]

CLASSICAL KEY REVERSAL SIGNAL. End-Day Review & Analysis 19 May

VIVOCOM hit a decline-low at 30.0 sen early today and rebounded sharply to settle at 32.0, unchanged from previously.

From today's remarkable performances, any trader or technical analyst worth their salt would conclude that VIVOCOM's downward trend has ended.

We have now entered new phase or cycle-change that would take values higher to regain a large portion of it recent excessive losses cause by the negative MSCI reweighing.

The chart configuration today is called a classical bullish key-reversal. It confirmed that VIVOCOM has hit its sell off bottom and the next wave is an upward bullish wave!

From current levels, VIVOCOM can easily regain a hefty part of its losses without even blinking an eye.

Immediate upside recovery-target is now seen at the 34.5-35.5 levels.

Technically, the prospects of prices charging upwards to revisit its historical-highs at 37.0 sens are extremely strong considering the very solid underlying fundamentals that has not change during the recent weakness

Traders wanting to buy may like to take any sellers offer at 33.0 or lower.

The Quantitative Algorithm signal has yet to give the buy-signal. As and when it does, prices would have moved above the 34.0 sens.

 

[johorphang]

Mid-Day Review & Analysis. 20 May

VIVOCOM PRICES ENTERED INTO A TECHNICAL REBOUND AS SELLING DWINDLED.

VIVOCOM closed half sen higher at 32.5 after ranging from 31.5 to 33.0 levels.

Lack of strong selling-interest in the mother shares and aggressive buying in the WD, helped lift prices higher to regain fifty percent of recent losses.

Technically, this newly developed positive momentum is like to expand as prices attempt to regain seventy-five percent of its recent losses.

The seventy-five percent recovery target stands at 34.5-35.00 levels.

Volume in the morning was small at 39.12 M shares.
Volume for the WB was higher at 40.95 M shares.

The WB ended 1.5 sen higher at 19.0 sens.

Clearly a case of the son leading the mother. Prospects of buying support spilling over into the mother shares in the noon is good.

This prices rebound is expected to continue as sellers shy away from disposing their shares.

The Quantitative Algorithm signal for the mother is in strong bullish convergence and indicated the the immediate term positive momentum would expand.
Meanwhile, the QA signal for the WB has turned bullish and confirmed the trend change.

 

[johorphang]

MIDF Research maintained its positive stance on the construction sector with players such as Gamuda Bhd, Muhibbah Engineering (M) Bhd, and Vivocom International Holdings Bhd as its preferred stocks for investments.

Read more: http://www.theborneopost.com/2016/0...malaysia-construction-industry/#ixzz49EWRzMQx
http://www.theedgemarkets.com/my/article/vivocom-bags-rm46m-construction-job-pahang

 

[johorphang]

 

[johorphang]

 

[johorphang]

Vivocom - Buy low Sell High.

Now is super low. More big contracts to come out soon.

BI announcements oso out soon.

Q2 gna be even stronger than Q1.

If not for MSCI Reweighting n 1MDB, VIVOCOM now easily at 38c - 40c levels.

Market will normalise n by then you wont get it below 36c.

Why WAIT!!!

 

[johorphang]

Vivocom 0069 KLSE Darling stock.

Market volume n liquidity leader since Sept 2015.

Eight n a half months volume over 9B shares turnovet still not proof it's a long term GEM.

Definitely not a pump n dump syndicate stock.

Rd 1 : Base price 8c Top 33c.

Rd 2 : Base price 23c Top 36.5c

Round 3 starting now Base price 32c, Top Target Price 48c.

Many more rounds to come till we hit RM1.

Valuation wise deemed at lower end.

At current price level, trading at 10 times of full years PAT anticipated at RM80 mil.

Comparable companies with similar market cap are trading at 15 - 17 times PE.

Based on full years results, fair value shd be 45c - 50c.

VIVOCOM A RM1 STOCK, mark the market words.

 

[johorphang]

End-Day Review & Analysis

VIVOCOM settled the day one sen lower at 31.0 sen.

It was a holiday-type of trading as volume sank to 29.50M shares, the lowest in twenty-two days.

Sellers were seen to be the aggressors as 62.0 % of the day's trades were sellers giving to bids.

Chart wise, the technical setting turned negative with the fail-reversal configuration occurring at today's close.

In any case, we are very likely to get some congestion trading in the immediate term as prices attempt to find a base at the 31.0-32.5 levels

The Quantitative Algorithm signal closed negative and calls for further sideways congestion trading.

 

[johorphang]

Mid-Day Review & Analysis 24 May

VIVOCOM ended the morning half a sen lower dampened by light selling interests.

The bulk of the total 14.518 M shares were traded at 31.0 level.

As at morning's close, moderately firm buying-support were seen at the 30.0-30.5 levels where a total volume of 27.0 M shares were parked.

Strictly from a technical point of view, the failed rebound reversal-rally attempt at 33.0 level three days ago shows that price momentum is still negative.

Immediate price congestion is now expected at the 30.5-32.0 levels.

The Quantitative Algorithm signal remains in negative mode.