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Why NOW is the best time to buy Vivocom?
1. Definitive agreement signing is imminent - 90 days allowance for CNQC to sign definitive agreement falls on 13/1/2018, which is in 2 weeks time
2. January small cap effect - Small cap tend to rally in January after December sell off where investors lock in profit, as well as investors use bonus payout in December to buy in January.
3. Private Placement to finish by 31 May 2018. Means there will be inbound cash for the next 6 months.
4. Mindset that current pre-general election sentiment is weak has been proven wrong with so many counters reaching all time high and still on uptrend.
5. From the queue, price trend & volume point of view, it is prime for a breakout. The previous breakout happened when warrant C & D were staggered with buyers. The buy queue is extremely strong right now that is not 'disappearing' as the queue has been there for 3-4 weeks now.
6. Pre-election contracts give out. This is the norm. This happened in 2013 and I foresee the same thing happening in 2018, which is when election is due.
7. Main board market listing application & 2019/2020 dividend payout should be in the pipeline after CNQC's coming on board to show that they are serious about staying in Malaysia for long term
1. Definitive agreement signing is imminent - 90 days allowance for CNQC to sign definitive agreement falls on 13/1/2018, which is in 2 weeks time
2. January small cap effect - Small cap tend to rally in January after December sell off where investors lock in profit, as well as investors use bonus payout in December to buy in January.
3. Private Placement to finish by 31 May 2018. Means there will be inbound cash for the next 6 months.
4. Mindset that current pre-general election sentiment is weak has been proven wrong with so many counters reaching all time high and still on uptrend.
5. From the queue, price trend & volume point of view, it is prime for a breakout. The previous breakout happened when warrant C & D were staggered with buyers. The buy queue is extremely strong right now that is not 'disappearing' as the queue has been there for 3-4 weeks now.
6. Pre-election contracts give out. This is the norm. This happened in 2013 and I foresee the same thing happening in 2018, which is when election is due.
7. Main board market listing application & 2019/2020 dividend payout should be in the pipeline after CNQC's coming on board to show that they are serious about staying in Malaysia for long term
