Sales and profit look fantastic up. But, this is not a whole story yet.
The
operating cash flow still in negative, that's not a good sign. Mean it
need money from somewhere to support the business. Lucky that's private
placement, to support the normal businesses activities to avoid stuck.
Private placement always better than borrowing from bank.
Goodwill
is something not tangible assets, you cannot touch it, u cannot see it,
u can only feel it. Be careful for such of big value, it tend to risk
of write down. Can gone any time from now. Unless you have intangible
assets like facebook, google, Microsoft, etc, or else pls be worry.
As
VIVOCOM trading at peak price but still within the uptrend line, so
need to monitor closely. Any big drop and not able to reach back to its
uptrend should be decided a profit lock or cut loss (if you're at the
peak).
It just aim the bull opinion, so decision always on your side, I might be wrong due to lacking of information.
Refer 5 Steps to further understanding.
VIVOCOM (0069) - VIVICOM - Profit and Loss very nice performance but...
http://aimthebull.blogspot.my/2016/05/vivicom-profit-and-loss-very-nice.html
