Author: Sipekhuat 
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VTEC Turbo Engine Starting Soon - NOTION VTEC (0083)
For the Past 2 weeks in the global market, especially in USA, we saw that anything Elon Musk (Tesla Ceo) tweeted essentially would move the market, ie: GameStop (GME) and Bitcoin. Well if only Elon Musk would tweet about our KLSE stocks, then things would definitely be interesting!
Nevertheless, lets get back to our VTEC Turbo Engine Starting Soon - NOTION VTEC (0083)
Company Analysis:
NOTION (0083) is involved in:
1. Digital Storage- making of HDD which is growing with the usage of shingled magnetic recording (SMR) and helium drive which enhances GB storage.
2. Health Care products- NOVID masks and Nitrile gloves. Notion(0083) is dynamically adaptable and is quick to act to venture in to the “hot-covid themed business”. On 2 Nov 2020, they already acquired the FDA for nitrile gloves https://malaysiastock.biz/Company-Announcement.aspx?id=1271161 . Notion(0083) also secured a RM337mil contract to supply nitrile gloves. https://www.thestar.com.my/business/business-news/2020/09/22/notion-vtec-secures-rm337mil-nitrile-glove-supply-contract
As for Face Masks they also received FDA already. Website is as follows; https://www.novid.my/
3. EMS accessories segment where the main focus is to fabricate, laser cut, robotic laser welding, surface finishing, and many other services to suit clients needs.
4. Automotive segment .
Share buyback Analysis:
Recently Mr Choo Wing Hong(managing director & executive director) acquired 1,000,000 units of Notion (0083) at RM1.1775, a 34.5% premium compared to RM0.875 (closing on 29/1/2021).
https://malaysiastock.biz/Company-Announcement.aspx?id=1269559
Technical Analysis:
NOTION (0083) is changing from down trend to Up-trend by forming Higher Lows as seen in the chart. Immediate resistance is at RM0.885 should this resistance be broken the next resistance is RM0.985.
With support of RM0.840, the Reward to Risk ratio is 3.30.
We strongly believe that NOTION(0083) is a guided by management who is quick to act to position themselves in the current themed business. As for the future where electrical cars, Artificial Intelligent , 5G and Technology dominates, will the management of Notion(0083) once again react fast enough to penetrate such market ?
What will you do ?
DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recomendation. Investors must always do their own due deligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.
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