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2018-01-26 12:12 | Report Abuse
aiyo rchi, itu bitcoin china ban, korea ban, founder also throw his holding. no kabom wait wat leh ?
2018-01-26 11:19 | Report Abuse
ok rchi, sulah kasi jual semua. now tunggu lelong sales mari.
2018-01-26 10:22 | Report Abuse
skpres is the worst investment i have ever made. stupid fuck skpres. sell it off better !!!
2018-01-25 14:02 | Report Abuse
buy vs better la, this skpres no use de. dont waste time in skpres liao. drop from 2.3 to 1.94......
2018-01-25 00:32 | Report Abuse
no hope liao, better sell skpres. give up on skpres.
2018-01-23 17:06 | Report Abuse
rchi always aim for lobster, shark fin etc. my balls too small, not dare to chase.
2018-01-22 22:34 | Report Abuse
Share Price MYR 3.10
12m Price Target MYR 3.55 (+15%)
Previous Price Target MYR 3.55
BUY
VS Industry Bhd is one of the Top 50 EMS providers in
the world engaged in the manufacturing and assembly
of consumer electronic products.
2018-01-22 22:32 | Report Abuse
V.S. Industry (VSI MK)
Valuations backed by visible
earnings growth
Investment case: A world class EMS player
VSI is the largest listed electronics manufacturing services (EMS) provider
in Malaysia (ranked No. 28 in MMI’s Top 50 EMS players globally) and an
established one-stop shop for its globally renowned clients, which
include prominent consumer electronics brands. Aggressive floor space
expansion in line with its key client’s ambitious growth target (backed by
strong demand) would likely place VSI on a multi-year growth trajectory.
Catalysts: Aggressive expansion by key clients
Key earnings driver this year will come from VSI’s exposure to an
undisclosed premium consumer electronic company for the latter’s key
products (i.e. household cleaning, beauty care), supplemented by
contributions from Keurig, an American single-serve coffee maker. VSI’s
key client, Customer X, is seeing significant growth in its China and
Japan markets and aims to double its shipment volume of all key
products over the next 3 years; Customer X accounted for 34% of VSI’s
FY7/17 revenue and this is expected to expand to 50% in FY7/18, driven
by strong volume growth. For this, we see strong order visibility which
will power our 26% 3-year projected earnings CAGR (FY17-20) for VSI.
Valuations: Best is yet to come
We see more legs to VSI’s earnings growth, especially in its China
operation (under 43.6%-owned VSIG) which is anticipating major contract
wins, as indicated in its recently concluded rights issue announcement.
Elsewhere, VSI is also looking to adopt further automation in the
Malaysian ops, having seen success in its Zhuhai, China plant. Successful
efforts to raise efficiency could improve margins over the long run, in
view of rising labour costs in both Malaysia and China. Our TP of MYR3.55
pegs VSI’s earnings to a target CY19 PER of 17.5x, in line with peers.
Risks: Customer concentration & currency
While most of VSI’s contracts are now denominated in MYR, ~18-22% of
FY18/19 revenue is still denominated in USD which may see forex risk
following MYR’s persistent recovery against the USD in 2017 and YTD
2018. Weaker-than-expected demand for Customer X’s (50-55% of
FY18/19 revenue) products could also derail VSI’s growth trajectory.
2018-01-19 14:11 | Report Abuse
well, i dont think anyone can tell the date. or maybe one can estimate from the past history. anyway, just let the market decide.
2018-01-19 13:55 | Report Abuse
wiki, u questions is just like how to know when the stock rise ?
2018-01-19 10:10 | Report Abuse
this hy really heart attack for me . like roller coaster
2018-01-18 15:46 | Report Abuse
newbee, i thought u have a full time job. bursa earn better?
2018-01-18 13:55 | Report Abuse
VS Industry Bhd
(Jan 17, RM3.05)
Maintain buy with an unchanged fair value (FV) of RM3.30: We reiterate our “buy” recommendation on VS Industry Bhd with unchanged forecasts and FV of RM3.30 per share. Our FV is pegged at a calendar year 2018 forecast price-earnings ratio of 15 times. We believe the selldown of VS Industry shares over the past few days has created a buying opportunity for investors. In our opinion, the knee-jerk reaction was likely caused by a misconception about the impact of a depreciating US dollar on VS Industry’s earnings.
Recall that in fourth quarter of financial year 2017 (4QFY17), VS Industry’s key customer introduced a cost pass-through mechanism that was meant to eliminate the effects of currency movements. This followed Bank Negara Malaysia’s ruling that mandated all domestic trades among residents be made in ringgit. Subsequently, all transactions between VS Industry and the key customer have been conducted in ringgit as opposed to US dollar previously. In a nutshell, unlike many exporting companies, US dollar movements have marginal impact on VS Industry’s earnings. However, we take note that about 20% of VS Industry’s sales are still denominated in US dollars. Factoring in the effect of some natural hedge, our sensitivity analysis suggests that every 2% appreciation/depreciation in the US dollar would improve/reduce earnings by 1%.
From our checks with management, operations of VS Industry remain on track. Operations in China are expected to return to the black in the next quarter, and box-build orders have started picking up as additional assembly lines came on stream in October and November 2017. Therefore, we expect earnings to go into full swing in second half of FY18 as the group captures contribution from the new lines.
VS Industry is also well prepared for more contract wins with its upcoming factory that could house up to 12 additional assembly lines. The group is currently in talks with an American-lifestyle product company to secure new jobs. If awarded, we estimate that the contract(s) would expand VS Industry’s revenue by RM1 billion to RM1.5 billion, and lift the company’s fair value to more than RM4.00 per share. Note that the potential contribution from these contracts has not been factored in our earnings projections.
All in, we believe fundamentals of the company remain intact and sturdy earnings growth lie ahead. — AmInvestment Bank Research, Jan 17
2018-01-17 20:10 | Report Abuse
16 Jan 2018 Acquired
2,402,500 KUMPULAN WANG PERSARAAN
2018-01-16 14:08 | Report Abuse
SINGAPORE (Jan 16): Malaysian companies with investments or partnerships with Chinese counterparts have seen increased returns, as seen by the out-performance of stocks including Malaysia Airports Holdings, DRB-Hicom and IJM Corp., Citi strategists led by Patrick Yau write in note Monday.
* Increase in ventures is "timely" as Malaysia seeks more FDI, exports to move from a consumption-driven model
* Equity investors are looking for potential Chinese-Malaysian ventures with operations in either or both countries, especially in hospitality, logistics, telecommunications and finance businesses
* Companies getting most sales from China include Sime Darby, Petronas Chemicals Group, VS Industry, Mega First Corp.
2018-01-15 22:19 | Report Abuse
oil price affect skpres earning? how abt vs?
2018-01-11 12:15 | Report Abuse
i wonder why simplt no follow sime n simeprop when rally
2018-01-11 10:46 | Report Abuse
yes rani, i'm still holdiing cu. no worry vs is a strong company.
2018-01-10 11:37 | Report Abuse
yum seng every year is a must...!!! but before that, must earn kaw kaw first. or else only can drink chinese tea......
2018-01-10 11:30 | Report Abuse
skpress, support at 2.16-2.17. tomorrow will fly. hold tight
2018-01-10 11:28 | Report Abuse
thanks connie, u know me better.wish u a happy chinese new year in advance to you too.
2018-01-10 09:43 | Report Abuse
thanks boy. vs going to shoot up rocket high, dun miss the train
2018-01-10 09:31 | Report Abuse
vs finally broke the 3.13 resistance, now is going to shoot up sky high
2018-01-09 22:09 | Report Abuse
FAT FAT TODAY HUGE PROFIT..... !!!! THANKS SUPERMAX MUAKS MUAKS SUPERMX CANTIKKKKK!!!!
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2018-01-26 14:23 | Report Abuse
AFTERNOON HY GERANTI MELETUP ....!!!