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2016-01-17 15:51 | Report Abuse
besides, kenanga also holding vs, and they also got do so called research.
source :http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_researchreports_791&ac=20309
contents as below:Strong closing to FY15.
Recall that the group had recently reported 4Q15 NP
of RM52.7m (+99% QoQ; +44% YoY), bringing its FY15
NP (+148% YoY) to
RM132.7m which beat consensus’ FY15 estimates by 8%
. Key positive deviation
was the higher-than-expected EBIT margin driven by
better product mix as well
as favourable currency translations. Note that the
currency gains were captured
under “Net other income” which accounted c.50%/25%
of 4Q15/FY15 EBIT.
Looking at its FY15 performance, revenue increased
by 13%, mainly driven by
the sales from its customers that sell coffee machi
nes and home appliances.
Meanwhile, a fourth interim single tier dividend of
1.2 sen (per ordinary share of
RM0.20 each) was also declared, bringing FY15 total
DPS to 4.8 sen which
represented c.40% of payout (vs FY14 total DPS of 2
.34 sen) translating into a
dividend yield of 3.1%.
•
Resilient orders to anchor earnings growth in the f
uture.
We came away
feeling POSITIVE from a recent meeting and visit to
VS’s manufacturing facilities
in Senai, Johor; having learnt that the overall ord
ers from its key clients (a world-
renowned coffee brewing machine maker based in US,
a top household
appliances maker based in UK and a famous pool clea
ner maker in Europe)
remain resilient.
In its coffee brewing machine segment
the US customer
(contributed 29% to the group’s FY15 total revenue)
, management targets to
produce 20% more units in FY16, to be driven by new
coffee brewer machines.
Meanwhile, the group is waiting for positive consum
er response on the cold
machines before it officially starts to produce for
the US customer. Meanwhile
for
the household appliances business
with its UK customer (contributed 22% to
its FY15 revenue), the group is ramping up its prod
uction volume for the
manufacturing of PCBA and battery packs in light of
the overwhelming response
from its UK customers’ end products (bladeless fans
and vacuum cleaners). With
that, management expects the sales volume to increa
se by another conservative
10-20% YoY. Positive response was also seen with
its
European customer
which is a leading manufacturer of pool-care equipm
ent
(contributed c.4% to
its FY15 revenue)
.
Note that VS has become the customer’s exclusive
manufacturing arm for the new pool cleaner models i
n South East Asia. New
sales volume meanwhile should reach 100k from CY15’
s 75k units.
•
Proposes Bonus Issue of Warrants to further increas
e shareholders’ equity
participation.
VS recently proposed a bonus warrant issuance of up
to 290.8m
bonus warrants on the basis of one (1) bonus warran
t for every four (4) existing
VS’s shares. The exercise price of the bonus warran
ts has been fixed at
RM1.65/warrant which represents a premium of 18.06%
over the five-day VWAP
market price up to and including 16
th
October 2015. It is exercisable at any time
within a three year period from the date of issue.
Assuming the bonus warrants
are fully exercised at the exercise price of RM1.65
each, the proceeds to be
raised could be as high as RM479.8m which will be u
tilised for working capital
purposes. We have yet to make any adjustment to the
share base for now given
the long exercise period.
•
Enjoying full swing benefits from strong USD trend.
We gather that the
group does not have any currency hedging position c
urrently as the
management is of the view that the natural hedging
through raw materials (with
50% of its COS in USD) is sufficient to offset the
risk, especially under the
current strong USD trend. On the currency sensitivi
ty analysis according to its
Annual Report 2014, every 10% fluctuations in the U
SD will impact its FY14
bottomline by 8.8%.
•
Not rated; FV of RM1.63.
All in, we are projecting the group to register NP
of
RM158.6m (+20% YoY) in FY16 with key earnings assum
ptions being: (i) 14%
revenue growth in FY16, to be driven by its new mod
el coffee brewing machines
(+20%), which will continue to be the lucrative mar
gin products driving up the
group’s profitability as well as its ongoing resili
ent orders of finished products
ranging from vacuum cleaners, pool cleaners, remote
controllers, PCBA & plastic
casings for other appliances and equipments, and (i
i) EBIT margin assumption of
9.3% on the back of healthy utilisation rate assump
tion.
2016-01-17 15:47 | Report Abuse
tns, do u know how to do calculation ah?==''skpres, eps is less than vs, Pe is high, dy is only0.99==''nta also less than vs,
vs dy is >7%, next month come out another dividend, march come out report.
pls dun cheat me tns. besides, pls come out relevant link or source to prove then i only support wat u say. dun keep on tell me staff disppointed or wat. in fact, esos is motivation for emplyees==''
and previously, u post u duno the boss name also. u tell me how to trust u ah?==' vomit blood when c u write those nonse. pls bring material or link or source to prove la--''
u thought many ppl stupid duno how to c pe, dy, eps, currency and etc meh==''
2016-01-17 14:42 | Report Abuse
mbs7633, i like to see this kind of sharing :) tq
2016-01-17 14:19 | Report Abuse
Yew Yin Koon, BNP Paribas Investment Partners and etc they hold more n more vs stock, how i know? again, i got thg prove => top 5 shareholders
holder common stock equivalent held % total shares outstanding market value myr position date
Tong Chuan Gan 27,723,280.00 2.38 42,693,851.20 30 Oct 2015
Yew Yin Koon 102,228,000.00 8.79 157,431,120.00 30 Oct 2015
Chu Cheng Gan 77,850,700.00 6.69 119,890,078.00 13 Jan 2016
Kim Ling Beh 160,897,715.00 13.83 247,782,481.10 13 Jan 2016
BNP Paribas Investment Partners 102,638,440.00 8.82 158,063,197.60 30 Oct 2015
source:http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2876&sch=ch_stocks_ownership
2016-01-17 14:12 | Report Abuse
and, two more good news coming in is malaysia currency drop (is bad news to mal but good news to vs), u can check annual report n c the vs company will earn the currency diff. besides, the company getting more order invoice and etc. again, dun trust me, go n buy newspaper. i lazy to provide the source anymore, those who r new investor,if u scare, pls do more research n study, then, u will not panic anymore. :)
2016-01-17 14:09 | Report Abuse
one more source, u can go any 7-11 buy the busy weekly newspaper, they got state that the money come into vs, i mean got ppl buy.
u can dun believe me, just believe your eye, go n buy newspaper, check with bursa. i am sorry to say i duno those stupid ppl keep saying who n who work in the company, again, prove to me who r u.
i not ask ppl buy, i just wan to learn n help those ppl who wan to learn also.tq
2016-01-17 14:06 | Report Abuse
Particulars of Director
Name CHONG CHIN SIONG
Address 29 Jalan 9, Taman Delima
Kluang
86000 Johor
Malaysia.
Descriptions(Class & nominal value) Ordinary share of RM0.20 each
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
13/01/2016
100,000
1.540
source:http://www.bursamalaysia.com/market/listed-companies/company-announcements/4974821
one more thg, someone stupid say big boss take our money out, but, i check is money in=='talk nonse again=='
2016-01-17 14:04 | Report Abuse
SUMMARY OF KEY FINANCIAL INFORMATION
31 Oct 2015
INDIVIDUAL PERIOD CUMULATIVE PERIOD
CURRENT YEAR QUARTER PRECEDING YEAR
CORRESPONDING
QUARTER CURRENT YEAR TO DATE PRECEDING YEAR
CORRESPONDING
PERIOD
31 Oct 2015 31 Oct 2014 31 Oct 2015 31 Oct 2014
$$'000 $$'000 $$'000 $$'000
1 Revenue 612,465 544,558 612,465 544,558
2 Profit/(loss) before tax 74,860 42,701 74,860 42,701
3 Profit/(loss) for the period 58,674 34,238 58,674 34,238
4 Profit/(loss) attributable to ordinary equity holders of the parent 60,177 35,224 60,177 35,224
5 Basic earnings/(loss) per share (Subunit) 5.22 3.59 5.22 3.59
6 Proposed/Declared dividend per share (Subunit) 1.50 0.60 1.50 0.60
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
source from http://www.bursamalaysia.com/market/listed-companies/company-announcements/4950689
sorry ah, i cannot believe the ppl keep say who who work inside company,unless u prove to me.if not, i feel u wasting time here n waste my time to c nonse==''
2016-01-15 11:37 | Report Abuse
aiyoyo, director also buy back their share, u all didnt c announcement?this mean wat ah?@@
2016-01-14 22:17 | Report Abuse
y u sell so fast@@?if u c the screeen aldy less ppl sell wat=='
2016-01-12 13:46 | Report Abuse
satha44,I think near future, before march (expired of warrant), the price will up to rm 0.10 because of the warrant, what u think?of course the quarter sales is important as wat u say too.
2016-01-11 21:21 | Report Abuse
in fact, coming more n more dividend. march will come out report. according to the director, he seems like confidence to get more sales. all these news already out from newspaper lo==''in fact, keep the stock might have 6-7% dividend. better than fd. sales is keeping improve...besides, this counter will do share buy back soon.check the announcement lo...
2016-01-11 20:57 | Report Abuse
in fact, u can see many ppl would like to buy at low price as rm 0.045. whoever, they buy on rm 0.05, they may earn if up half sen=>10%. just imagine simply goreng, no matter how can more than 10%.
2nd point, nta is rm 0.08, which is more than the share price. can consider as safety margin.
3rd point, do u think the company need money? warrant expired on march, on oct, director still keep purchase it, what is the meaning?think by yourself.
4th point, kfc profit will start to earn on this year. of course, some of u may say it may loss again, but y not gv chance to this counter?since our citizen also can forgive our pm or some minister non sense say.if they start earn money, u can imagine how far they can go.
5th pt, u can c the company try to get more projects in,=>earn$$..
6th point, u can c last year historical chart, once any news come in, this company confirm up more than 6 sen.
7th point, so many buyers want grab, then u go to gv up?
8th pt, if u think there is control by the big sharp, u may need to think y they want control but not gv up like those small potatoes? big sharp so free come here o control? and control those so called no potential stock?
in fact, there might be some of other point be support this stock...but, i think the points above should be enugh explain to those ppl who monitoring this stock.
anyway, i not suggest ppl buy or purchase. Just tell u the fact, if u think wat i say not the fact, u can come and gv objection, u r welcome. then, i can learn from u too.
thank you.
2016-01-08 16:44 | Report Abuse
last few 15 min like control by big sharp?always?actually, wat they wan to do?@@
2016-01-08 16:43 | Report Abuse
and,u can check the time now, they start collect more n more.if u c average volume, if not hope should no vol, but,...vol is high?
2016-01-08 16:42 | Report Abuse
excuse me.if u c yesterday n today,whoever sell rm0.045 is less 300units.only 2 units today?and,more n more buy on rm0.05..like someone collecting.is hidden buyer.=='who cannot hold, the buyer can celebrate later.u can c from the screen n understand wat i say.
2016-01-04 22:16 | Report Abuse
haha.sometime, ppl tellu here buy, u need yo know is a trap, vice versa. this can change ppl emotion. if c today klci, or whole world is red. is that really mean the company problem?or whole world company got problem?c this company n external environment b4 judge any stock buy or sell==''
for me,normally drop i go to buy, up then i m considering sell...:0
2016-01-03 16:56 | Report Abuse
i think will success if c the screen, it seeems like got ppl purchase.
2016-01-03 16:55 | Report Abuse
but, the thg is this company also borrow a lot $$=='
2015-12-29 21:20 | Report Abuse
invest2mil,how u know?@@
2015-12-29 15:47 | Report Abuse
buy ppl is more than sell ppl.whoever want sell, sell faster ah:)
2015-12-28 16:28 | Report Abuse
excuse me. i see that 4 existing share change 1 warrant. if i hold 13900 share, then how much warrant?is that ok? i mean they say must 4 units change, so my one no decimal unit and is ok right?@@sorry for asking n disturb here.
2015-12-28 14:53 | Report Abuse
satha44, when will have postive announcment?@@
2015-12-23 16:39 | Report Abuse
i would like to say tq to above those who sharing the real analysis but not only say up n down. some of them i would like to salute to them, bcz they attach the link and evidence,
2015-12-23 16:38 | Report Abuse
teoniaseng VS now also 1.57 oledi...... no more consider a good counter........ those big kaki too over too much oledi..... at the end bring impact to this counter.......
18/12/2015 14:38
remember wat u write tns?but, now is....
2015-12-23 16:35 | Report Abuse
tns keep saying drop further soon. can u tell me drop how much 1st?dun tell me drop 1-2cents ah?are u telling me drop more than rm 1, then i run lo, hw much ah?can specific?if cannot,i also can say keep up or drop,like this is no point.bcz 50%can say up or down.i also can say 28 dec sure up.100%, but how much?@@
there is a need of the constructive comment not say up or down only. i willing learn, but pls tell specific.tq.
2015-12-22 13:57 | Report Abuse
nw bcm almost all loss
2015-12-22 13:23 | Report Abuse
timing already prove wat icon8888 y is right. were those ppl argue with him?
2015-12-18 16:42 | Report Abuse
Unfortunately I am planning for next quaTer but not this Dec=="
2015-12-18 16:41 | Report Abuse
May I know is that most of the stock are dropping or up now?@@can fair?@@I only trust the statement which is earning or losing?@@another benefits is dividend 7%,unless someone can tell me this company confirm next quarter loss and no more dividend.or else wat the PPL keep say up or down is no meaning.pls prove to me they loss in sales n profits n no dividend pls. waiting PPL explain to me
2015-12-17 13:02 | Report Abuse
in fact i hope it drop then i can collect. dun so fast up ah =='waiting my company bonus then wan buy later so dun up first=='
2015-12-15 17:02 | Report Abuse
already 1.57. want o up more should no problem idf come out good quater report n us raise interest !
2015-12-11 21:10 | Report Abuse
tommorrow no stock market la=='
2015-12-10 21:34 | Report Abuse
Mr otb, do u think now still a good time to buy or hold vs anymore?
2015-12-09 21:08 | Report Abuse
there are more and more project come in....
2015-12-04 16:57 | Report Abuse
duno from loan or operation wo. but, the debt is reducing and cash is increasing. If i am wrong, pls correct me ah.
2015-12-04 16:23 | Report Abuse
check2 dividend aldy 7%, keep down to 10%,yeah! 1 thg i dun understand. pisang goreng say these company got problem, but, these few years dividend like very good=='@@?
2015-12-04 16:14 | Report Abuse
hope everyone sell down, then nx week i come n catch.haha...
2015-12-04 16:13 | Report Abuse
pisanggoreng, nno need so angry. just c p&L statement, financial position, i believe the report instead of rumours now=='and v can c the seller keep sell 1centsdifferent and less volume.sometime, 1 lot=='
2015-12-04 16:11 | Report Abuse
feel that got people contrl to sell 1sen different=='but,at the same time he queue up and want buy rm 1.51.=='like good strategy but if u keep monitor then understand wat i say.
Stock: [VS]: V.S INDUSTRY BHD
2016-01-17 15:56 | Report Abuse
i agree as mbs7633 also. in fact, i hv no intention to say bad to skpres, but tns say any counter or it can better than vs, i feel like want vomit blood only. if anyone skpres supporter feel i say wrong, i would like to say sorry and apologise here.