Form 4: HOO VOON HIM bought VCIG
HOO VOON HIM (CEO and Director at VCI Global Ltd) reported an open-market purchase of 193,349 shares of VCIG at an average $1.62, roughly $313,225, in a Form 4 filed 2026-10-05.
Past performance does not predict future results. Informational only, not investment advice.
HOO VOON HIM (CEO and Director at VCI Global Ltd) reported an open-market purchase of 193,349 shares of VCIG at an average $1.62, roughly $313,225, in a Form 4 filed 2026-10-05.
VCIG trades at a market cap below its cash balance with exceptional valuation multiples (EV/EBITDA under 2, P/B ~0.10) despite $138.6M revenue and $26.9M net income. Strong fundamentals and positive earnings confirmation at tomorrow's earnings could trigger a violent rerating to fair value multiples.
VCIG trades at market cap of $17.7M with $23.1M cash, giving it a negative enterprise value. With $138.6M in revenue, $26.9M net income, and sub-2x EV/EBITDA, the author argues the stock is undervalued and could re-rate sharply higher if tomorrow's earnings confirm financial strength, potentially trading at $15–$32.
End of results.