last time buy call say sapu below 5.00 then .... 40%++ gain already. Vitrox can hold for long ter. If you ask me can buy more? I would say yes because I also keep buying.
i can't find another company with great R&D effort, dedicated owner-operator (owning >40% of shares), committed for share buy-back, consistent sales and PBT growth, and attractive ROE. Henceforth I'm dedicating 25% of my portfolio in Vitrox. Let it huat =)
Vitrox Corp may see highest-ever revenue in Q2 {Maybank buy call at 7.20} [Goreng Goreng] Author: gorenggoreng88 | Publish date: Mon, 22 May 2017, 12:11 PM
KUALA LUMPUR: Vitrox Corp Bhd could break its previous revenue records yet again and hit up to RM80mil in Q2 FY17 on strong order backlog, said Maybank Investment Bank Research.
The research house said on Monday that the strong order backlog was mainly from its automated board inspection (ABI).
“The strong order backlog also means that the revenue momentum could sustain into Q3 FY17, at least.
“While floor space and lead time for the crucial parts are potential bottlenecks, we believe that ViTrox’ story does not end in 2017 as it continues to venture further into inspection automation of new products,” it said in a note. Maybank IB Research has a Buy call on the counter with a 12-month target price of RM7.20.
PE too high, too risky. Vitrox past 10 years historical PE, take out out-lier 2009, ranging from 7.4 to 16.5. Based on current EPS, give it the max historical PE 16.5, should only worth RM4.84. Assuming it could grow QoQ 20% next quarter, with an EPS 34.69 cents and PE 16.5, should only worth RM5.72. So I would not buy anything above RM6.
PE is just a ratio, and a company performance will eventually revert to its historical performance, more or less maintain its average PE. Investing is all about maximize return while minimize risk. Why put so much money into a risky stock while not so much "meat" left? There are 970++ stocks in Bursa. But it's just me, feel free to do whatever you feel happy, after all it's all your money. Peace.
I see a great future in Vitrox...and machine vision, machine learning, data analytics, automatic testing equipment, automation, IoT, and I see the seeds of a great company.
share price? I don't know any thing about share price ...and valuations.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
4ever5
316 posts
Posted by 4ever5 > 2017-06-13 21:08 | Report Abuse
Manage to buy in some lots in this counter.. Today drop probably just due to APPL company dropped. Fundamental is still good