So...we try to estimate the sales of VS...within these 2 years... conservative estimate probably come to around...4.5B from...10 key customers. So we get...225M...using 5% net profit margin. So average EPS is 0.125...multiple by 25x PE...so...@>3.00. Or you decide its average PE multiple...GL...!!!

Bissell is a private company...patented the first carpet deep cleaning machine...used famously by the Queen Victoria. Product famously sold in America n Europe. Sales roughly US800M yoy. Same like Dyson it's not public listed. Not easy to analyse its financial statements. So we roughly estimate how much sales VS could get contracting some selected products from Bissell. I think the result will be known in 6 months time...proper estimation of revenue. TQ.

Good Book to Read...Thank you for being Late... Friedman... Thriving in the age of accelerations...!!!

Ha...Businesses aren't so easy to execute...so many walls n barriers...but it is through such walls that you can't or we can't see it...those people with strong determination n foresight will try to break those barriers...where most of us failed. That's why...they can become tycoons...Tan Sri n above...So try to break those walls...n you will see quite clearly...do some yoga...n eat less meat...or eat less...you will have good concentration...Be hardworking...GL...!!!

VS...Probably is well diversify of key customers...Another 4 more to go... that's how efficient they are...I think they will do a well n balanced key customers... probably around 10% sales from each customer... Altogether probably they have more than 10 key customers...that will bring good earnings growth prospects from them... around the 3td or 4th quarter...n beyond...Be Patient...Your pot of gold...will be okay...Just Hold...GL...!!!

Hahaha...One of the greatest show on planet earth just begins... hehehe...!!!

Ha...Added...!!!

Ha... Added... Overall...@<2.00...Let the show begins...hehe...!!!

BTW...lot of support from the management itself...SBB...plus insiders accumulating...these are double edge sword...if there are some huge funds accumulating... that will be another scenarios...where VS become...HOT...So it can become too hot to handle...So you should know what to do...n do it decisively...GL...!!!

Ha...many people n lot of us just cannot... including myself...we can't predict the price movements...but only thru lot of experiences n homeworks...than we can judge for ourselves what it takes to have great conviction to invest heavily...it is like a thesis that's not proven...but when you succeed...you will have your highest satisfaction...Hope I am okay in the long run...GL... everyone...!!!

Hahaha...TA points of views can be quite useful... that was just after CNY...start of bullishness...just above the oversold pivotal point...But usually I bought earlier than that...becoz of its earnings growth prospects revisions...going forward...GL... Happy Investing...!!!

Good...I still have some free shares...Still not paying dividend n bonuses...?...Huge cash n above...@>1.00 cash value...I don't think PENTA need so much working capital...since its turnovers is less than 90 days... Probably its business growth prospects is so good...cash will be okay...above 22% mean 5 yrs... Fair Value... Probably...@<15x PE...will be a good idea...!!!

Oh...please keep at least...10%...dry powder for any unforeseen circumstances...@<1.10...fair price...@<0.75...approximately its floor value... leverage probably can apply...but no leverage...your mind will be rational...when facing...Bear scenarios...Invest wisely n analyse multiple variables... including human emotions n sentiments towards its business model...GL guys...!!!

Watchlist...!!!
KLCI lower as Trump-Kim summit collapses, China reports worst PMI in three years | https://www.klsescreener.com/v2/news/view/497016

Aiyoo...Yoo...!!!...VS...aiyah...need lot n lot of patience...Roller Coaster rides...high, low, sideways...But when its sentiments are good...Wow...we also don't know why within 50 days... rocketing...a lot of previous preparations, fixed capex...people taught it had negative cash flow...haha...a lot of insights...that's how i judge its management team all these years...honest n wise...Invest wisely...n understand its business plus read its annual reports... especially all the BODs. If have chance can try to talk to people working there for years...if you really invested substantial amount into it...GL...Guys...!!!

Probability...???
Globetronics FY18 net profit up 37% despite Q4 decline | https://www.klsescreener.com/v2/news/view/494012

Ha...Rock n Roll...already rocked up...@>35%...more than 50 days...oh...!...probably you want @>350%...you wait patiently after probably above 500 days... Guessing... hehehe...!!!

Right or Irrelevant...!!!
https://www.cnbc.com/2018/02/26/buffett-says-out-of-the-three-ways-to-go-broke-liquor-ladies-and-leverage-leverage-is-the-worst.html

Ha...Value Investing is about mispriced gamble...n you must know enough your gamble is mispriced...!!! And it's a rare chance to have...n when you see one...bet heavily on it...!!!...GL

Ha...Probably people will limit down...But overall revenue n EPS growth still positive...yoy...@>22%...Buy on Weakness...GL...!!!

Previous~Good Article...!!!
https://fifthperson.com/10-things-we-learned-from-the-2018-top-glove-agm/

FBM KLCI up as US delays tariff on Chinese goods | https://www.klsescreener.com/v2/news/view/493998

Ha...Probability of earnings growth will be negative or flat...But already Priced in...the last two months... Future earnings revisions is very important...n difficult to forecast...Money is profited from uncertainty n probability...what is obvious at present is totally wrong...Look into various variables n scenarios to decide for yourself... whether this business worth investing in the long Run...there are many unworthy businesses around...that the crowd love to 'goreng'...N become a zero sum games...if you love swimming with those sharks...go ahead... different people have different risk appetite...GL...!!!

Ha...Chances was there, trending around...@<1.35...last month...When you have done your homework...Buy...Must be decisive n high conviction...if not wasting of time n efforts...buying too little...Now is trending upwards probably these few months...looking at few variables n scenarios...plus Malaysian GDP stabilised...plus positive sentiment Overall...GL...!!!

Ha...I think many people don't like to wait long enough...a lot of probabilities, a lot of uncertainties...a lot of strange noises...so when you invested in a promising company...it is like a thesis...where you can't really proof it in the very first place...it takes lot of patience... sometimes you must be so daring...when the price was right you need to go for the jugular...be a Pig...n rides the waves...n be deaf to all those noises. So many variables to consider...interest rates, trade war, etc...Probably now is the time...where most equities...in Bullish mode...GL...!!!

NEP~VS...@20%... Stakeholders... Defensive business model...!!!
http://reports.weforum.org/entrepreneurial-ecosystems-around-the-globe-and-early-stage-company-growth-dynamics/executive-cases-interviews-with-senior-executives-of-early-stage-companies/nep-malaysia/

Ha... Insiders know their businesses very well...your shareholders money is well allocated...even stakeholders are well informed n good corporate governance. Present ten years Malaysian bond yield is...@3.90. Singapore is around 2.15. So for a 5 year corporate AA graded bond yielding...2% is just right. Overall bonds yields are in Bear...So overall stocks will be in Bull...!!!...GL...!!!

Hahaha...Hope it drops more...@>10%...so i can invest more...buying a wonderful business at a fair price...or irrational price... It's a better than investing a fair business at a wonderful price...there are many in Bursa...just below average businesses selling at fair price...GL...!!!

Ha... Overall...still come to a strong n efficient management...to issue corporate bond at the right time...to repay bank borrowing...a better option than bank long term debt. Overall total debt is reasonable with such a strong earnings of above 400M yoy. Good jobs to BODs...GL.

VS is sole OEM/ODM for Zodiac in the world...!!!
https://www.marketwatch.com/press-release/pool-cleaners-market-2018-global-analysis-opportunities-and-forecast-to-2023-2018-06-25

Oh...VS is involved with 3 famous brands, Dyson, Keurig, n Zodiac, n mind you VS is the only one contract manufacturer in Bursa, for Zodiac product...pool cleaner...All are famous brand n niche products...n BRK did bought Keurig Green Mountain...but now is merged with Dr. Pepper, Snapper brands of products...GL...!!!

Ha... probably i won quite substantial amount in VS-WA... that's why i am alert about VS. Well look into the industries that can generate above average, future EPS growth prospects...look into automation n IOT...products like Sensors, LED, 5G product n its application, database security. The crucial point is its forward earnings revisions n your own valuation from different variables such as mean Dupont ROE, PE, PEG, EPS, Cash Flow, plus SBB, insiders ownerships. The difficult points are demand n supply, sentiments, brand, n management team efficiency. Valuation is an Art...any additional colours, there are some changes... it's not carve in Stone. Businesses are always changing...we are not buying Antique or prime property or cemetery lots. TQ n GL...!!!

Hahaha...too humble to admit...i am still learning lot of things...of course we can't understand all businesses...we try to understand what we feel comfortable...n one thing i will not invest in commodities linked company...too cyclical...not really for long term...or irrelevant...of course...need to zero down our cost of capital when you reach your target...@>100%... remember to Sell...when the Price is Right...n dare to Buy when the price is irrational...GL...!!!

Dyson Marketing Strategy...!!!
https://www.askwillonline.com/2012/02/should-dyson-change-their-marketing.html

Hahaha... Overvalued approximately around mean PE @>25x... Present is a Fair Value...How to make millions...if just 20% capital gains...n be very careful the whole year...Once in a life time can get at least...@>100% return...can relax for 5 years...Be a Pig...n ride the waves...GL...!!!

LED~OLED...!!!
https://www.grandviewresearch.com/industry-analysis/led-lighting-market

Investment graded, Defensive business model...@<4.00... Undervalued...@<5.50...Fair Price... Multiple variables....Mean ROE, PE, PEG, DY, SBB, Insiders Ownerships, EPS, Cash Value, most difficult the demand, sentiments, brand, n management efficiency...!!!

Innovation...???
https://www.forbes.com/sites/ewanspence/2019/02/22/apple-news-iphone-xs-xs-max-product-red-leak-ipad-pro-imac-failure-innovation/

AAPL~Modem...!!!
https://www.theverge.com/circuitbreaker/2018/12/12/18137816/apple-modem-qualcomm-intel-iphone-competition-engineer-hiring

Ha...@<1.20...Undervalued...@<1.80...Fair Value...Mean 5 yrs Valuation...GL.

IOT~Growth...!!!
https://www.alliedmarketresearch.com/sensor-market

Sensor~IOT~LED...!!!
https://www.alliedmarketresearch.com/sensor-market

Buffett Loves These 3 Dividend Stocks And So Should You https://seekingalpha.com/article/4242701?source=ansh $AAPL, $BAC, $KO

Apple Now On iPhone Watch https://seekingalpha.com/article/4242943?source=ansh $AAPL, $SSNLF

https://seekingalpha.com/article/4201162-outperforming-market-following-earnings-revisions

Ha... business value isn't carve in Stone...due to present rapid changes in mechatronic n biotechnology...plus internet of things...IOT...So never bury your investment like an Antique...Must analyse its financial statements occasionally...plus how the management keep it up with all those changes. We must keep on learning n judge for ourselves... beforehand...what it takes to own this business for long term or otherwise...GL...!!!

Panda bond offer by China a sign of foreign confidence in Malaysia, says Guan Eng | https://www.klsescreener.com/v2/news/view/492614

OMG...Slow n Steady...!!!...Probably will be around...@<1.50...By end of June or later...GL....!!!

In rebuke to US, Germany considers letting Huawei in | https://www.klsescreener.com/v2/news/view/491956

For Investors...!!!
https://sg.finance.yahoo.com/news/si-research-top-glove-corporation-030033530.html