this quarter got reversal of provision of about RM1.8m. excluding this, i think they lost money. so be careful. also, companies typically get people to push prices up when they want to do private placement so that they can fetch high price and raise more funds.
Venfx..USD is still looking to stay about 4.20 for june july. next quarter for tech stock is still going to have a positive outlook. They won't be selling still.
Based on latest qtr results and annualise , pat should be at least 7.5m - 9m and assume PE of 30x (very conservative figure}, the company shld be worth 225 to 270m, and given the small paid-up cap of 110m, the share price shld be at least worth 2 to 2.5 !! VIS has already made remarkable profits for the last 4 qtrs
@ MrPauper how can pe30 be conservative in our malaysian environment? For tech stocks especially ones that with a bright prospect, PE 30x is considered conservative especially for a turn-around counter with 4 consecutive profits...!!
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zoomsbooms
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Posted by zoomsbooms > 2017-06-21 18:25 | Report Abuse
so how is good for you?