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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!!! |
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