G Invacom    Last:0.069    -0.002

Global Invacom, a satellite play

Staged. 😆  
profits again become lost. Like my MC payment 😂
107/108 see got support first, don' t anymore fish.

easywin      ( Date: 04-Aug-2021 17:59) Posted: For their own benefit as morning they have shorted once announced many would sold at very low price to them.  sjtrader      ( Date: 04-Aug-2021 17:50) Posted: Why must they announce profit guidance during lunch time?

 

This is a typical classroom case of p and d.
Price was hovering and undemanding in 9 series for a long while till a sudden north run from June onwards.

I will look to re enter and start nibbling in low 10.
But the sell down seems knee jerk. The expected loss is negligible to nav per share. Still a big discount off nav.

Perhaps they may have some good news to time with results release but hope this may come down to low 10s to let me nibble some.

 

For their own benefit as morning they have shorted once announced many would sold at very low price to them. 

sjtrader      ( Date: 04-Aug-2021 17:50) Posted: Why must they announce profit guidance during lunch time?

 

Why must they announce profit guidance during lunch time?

 

Haizz.... better put my script inside the refrigerator.......

goldenpiggy      ( Date: 04-Aug-2021 17:08) Posted: don' t hold me for it...but i think there is a higher chance of it going south than heading up north. des262      ( Date: 04-Aug-2021 17:02) Posted: Hi Goldenpiggy, You think tomorrow will rebound

 

g invacom day
wc likely extended or w3 dn 108
to lower trendline

 

don' t hold me for it...but i think there is a higher chance of it going south than heading up north.

des262      ( Date: 04-Aug-2021 17:02) Posted: Hi Goldenpiggy, You think tomorrow will rebound? goldenpiggy      ( Date: 04-Aug-2021 16:56) Posted: no covering.. tomorrow another round.

 

Hi Goldenpiggy,

You think tomorrow will rebound?

goldenpiggy      ( Date: 04-Aug-2021 16:56) Posted: no covering.. tomorrow another round.. des262      ( Date: 04-Aug-2021 16:53) Posted: Overreacted la. Hope the ANG MO will take action soon... and cath those shortist

 

Seem the BB is support at 0.11 level

 

no covering.. tomorrow another round..

des262      ( Date: 04-Aug-2021 16:53) Posted: Overreacted la. Hope the ANG MO will take action soon... and cath those shortist muifan      ( Date: 04-Aug-2021 16:05) Posted: maybe all real sellers leh... lo

 

Overreacted la. Hope the ANG MO will take action soon... and cath those shortist

muifan      ( Date: 04-Aug-2021 16:05) Posted: maybe all real sellers leh... lol Barcalo      ( Date: 04-Aug-2021 15:47) Posted: Still no covering?

 

Yup.. read this. Overreacted la.. except for tech co, which of the company don' t miss earning these days? Consider the major market of GI is from US, the current revenue level has met the expectation. With US reopening, and the activities will resume fast

des262      ( Date: 04-Aug-2021 14:24) Posted: The Board of Directors (the &ldquo Board&rdquo ) of GLOBAL INVACOM GROUP LIMITED (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) would like to announce that based on a preliminary review of the Group&rsquo s unaudited financial statements for the half year ended 30 June 2021 (&ldquo 1H FY2021&rdquo ), the Group expects to record a net loss after tax for 1H FY2021. The expected net loss for 1H FY2021 is mainly attributable to higher operating costs and higher material costs arising from the ongoing global COVID-19 pandemic. The information available indicates that the Group expects to report a net loss of approximately US$1.2 million in 1H FY2021 against a net profit of US$0.3 million in 1H FY2020. Group revenue in 1H FY2021 is expected to be approximately US$40.4 million versus US$52.8 million in 1H FY2020. The financial performance of the Group in 1H FY2021 reflects broader macroeconomic challenges and ongoing COVID-19 challenges. The much-publicised disruption to supply chains and problems with the availability of key products, including semi-conductors and capacitors, continues to disrupt the Group&rsquo s operations. Furthermore, the Group has also been impacted by inefficiencies within the Group&rsquo s supply chain, and the global transportation of products from the manufacturing facility to customer sites. The Group is undertaking a further restructuring across the Group to reduce its cost base, removing excess headcount in non-core functions and reducing administrative costs. Further details of the Group&rsquo s financial performance will be set out in the Company&rsquo s unaudited financial statements for 1H FY2021, which will be announced no later than 14 August 2021. Despite the current challenges, the Group is well-placed to capitalise on the expected growth in the Group&rsquo s core DOS market driven by ongoing demand for providers seeking to satisfy the continued growth in demand for data and connectivity. The Group believes Global Invacom&rsquo s products have a key role to play in the provision of this connectivity as restrictions ease across territories, supply chains recover and demand starts to normalise. The Board of the Company wishes to advise the shareholders and investors of the Company to exercise caution when dealing in the shares of the Company. n the event of any doubt, they should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers. BY ORDER OF THE BOARD Anthony Brian Taylor Executive Chairman 4 August 2021

 

maybe all real sellers leh... lol

Barcalo      ( Date: 04-Aug-2021 15:47) Posted: Still no covering? goldenpiggy      ( Date: 04-Aug-2021 14:45) Posted: We will find out later towards closing.. if no covering then tomorrow will be another field day for shorting

 

Probably wait until almost near closing time than cover 

Barcalo      ( Date: 04-Aug-2021 15:47) Posted: Still no covering? goldenpiggy      ( Date: 04-Aug-2021 14:45) Posted: We will find out later towards closing.. if no covering then tomorrow will be another field day for shorting

 

Still no covering?

goldenpiggy      ( Date: 04-Aug-2021 14:45) Posted: We will find out later towards closing.. if no covering then tomorrow will be another field day for shorting. easywin      ( Date: 04-Aug-2021 14:43) Posted: Shortist in action

 

We will find out later towards closing.. if no covering then tomorrow will be another field day for shorting.

easywin      ( Date: 04-Aug-2021 14:43) Posted: Shortist in action  des262      ( Date: 04-Aug-2021 14:41) Posted: People over re-act. Just brought some to hold it . As the mentioned that they believe they are in position to recover

 

Shortist in action 

des262      ( Date: 04-Aug-2021 14:41) Posted: People over re-act. Just brought some to hold it . As the mentioned that they believe they are in position to recover

 

People over re-act. Just brought some to hold it . As the mentioned that they believe they are in position to recover 

 

The Board of Directors (the &ldquo Board&rdquo ) of GLOBAL INVACOM GROUP LIMITED (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) would like to announce that based on a preliminary review of the Group&rsquo s unaudited financial statements for the half year ended 30 June 2021 (&ldquo 1H FY2021&rdquo ), the Group expects to record a net loss after tax for 1H FY2021.

The expected net loss for 1H FY2021 is mainly attributable to higher operating costs and higher material costs arising from the ongoing global COVID-19 pandemic. The information available indicates that the Group expects to report a net loss of approximately US$1.2 million in 1H FY2021 against a net profit of US$0.3 million in 1H FY2020.

Group revenue in 1H FY2021 is expected to be approximately US$40.4 million versus US$52.8 million in 1H FY2020. The financial performance of the Group in 1H FY2021 reflects broader macroeconomic challenges and ongoing COVID-19 challenges. The much-publicised disruption to supply chains and problems with the availability of key products, including semi-conductors and capacitors, continues to disrupt the Group&rsquo s operations. Furthermore, the Group has also been impacted by inefficiencies within the Group&rsquo s supply chain, and the global transportation of products from the manufacturing facility to customer sites.

The Group is undertaking a further restructuring across the Group to reduce its cost base, removing excess headcount in non-core functions and reducing administrative costs.

Further details of the Group&rsquo s financial performance will be set out in the Company&rsquo s unaudited financial statements for 1H FY2021, which will be announced no later than 14 August 2021.

Despite the current challenges, the Group is well-placed to capitalise on the expected growth in the Group&rsquo s core DOS market driven by ongoing demand for providers seeking to satisfy the continued growth in demand for data and connectivity. The Group believes Global Invacom&rsquo s products have a key role to play in the provision of this connectivity as restrictions ease across territories, supply chains recover and demand starts to normalise. The Board of the Company wishes to advise the shareholders and investors of the Company to exercise caution when dealing in the shares of the Company.

n the event of any doubt, they should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

BY ORDER OF THE BOARD
Anthony Brian Taylor Executive Chairman 4 August 2021 

 

the current level is very good price to suck in. It' s oversold now..

des262      ( Date: 04-Aug-2021 13:58) Posted: Bro any recomend? what price to buy and hold?  muifan      ( Date: 04-Aug-2021 13:56) Posted: looking to buy some also for rebound :