Vibrant has ventured into a new segment COAL through its subsidiary BLACKGOLD INTERNATIONAL(ASX listed http://www.blackgoldglobal.net/) and acquiring land to venture to LOGISTIC warehouse in CHONGQING China. Recently it has completed the Joint Disposal in Plaza Ventures for $79m, freeing up its cash flows and may? return surplus cash to shareholders? We remember in MAY, it has also completed a placement at $0.38 of 70m shares to SUPER GROUP owner Mr Teo Bock Kee. All these positive news should bold well for VIBRANT going forward. We have add it as our VALUE STOCK at $0.395 today.
Vibrant is currently in a nice up trending mode, a break of $0.395 & $0.40 will propel it towards the $0.50 mark.