20 Nov 2020
Vivocom: lunchtime report

Today Vivocom closed the morning session at RM1.78, with 36.49 million shares traded.

There is some jitters surrounding the stock today but let’s review the score:

First week (2-6 Nov): RM0.50 to RM1.00, up 50c.

Second week (9-13 Nov): RM1.00 to RM1.50, up 50c.

Third week (16-20 Nov): RM1.50 to RM1.78, up 28c.

Despite the retracement that is happening today, we are still up 28c for the week.

Once again, I would like to highlight that previously the interests in Vivocom 2015-2016 lasted about 9 months, we are just in the third week.

The game is far from over. In fact, what my analysis tells me is that the game has just begun.

As I see it, presently market talk is that this Vivocom is another Pump & Dump play and very soon will the price will collapse. Naysayers and sceptics abound always.

This has caused investors to rightly be nervous and anxious that the price might plummet soon and hence prompted many to sell and lock in their profits.

I beg to differ however. From my close monitoring and analysis on Vivocom's trade velocity and its recent’s announcement of a 3 year moratorium on the new owner’s shares, I’m very bullish about Vivocom’s share price.

The moratorium has essentially remove a big chunk of shares from the supply side. I estimated only 150 to 200 million shares in circulation n actively traded

Only ~150/200 million also not enough shares to meet the huge demand for Vivocom’s shares due to pure momentum trading.

Shares under moratorium how to dump la. The logic doesn’t make sense.

Given time, once the public know that Vivocom is not a P&D stock, it will shoot up like a rocket back to prices at RM2.30, then RM3.00 and RM3.60.

KLSE needs a stock the public can trust and believe in.