Posted by snake_eye > 2021-01-27 13:10 | Report Abuse

if u see the trend of QFY, final quarter normally will give high profit..and compare to chart, the price is about to breakout ATH..with current condition and lifestyle, I think the profit will be very high..the price can go at least 50% in 2 months...

Posted by snake_eye > 2021-01-27 14:43 | Report Abuse

should close above 2.40 today..

Posted by AnnYung > 2021-01-27 15:53 | Report Abuse

Long term cmco will help this counter even more

Posted by snake_eye > 2021-01-28 08:35 | Report Abuse

limit up tomorrow

Posted by BuyCall > 2021-01-28 14:03 | Report Abuse

Apple just delivered its largest revenue of all time in its latest quarter (q1 2021) where the sales of all its product categories rose by double-digit %!

This tell us that ICT products are selling like hotcakes during the pandemic, which bodes well for VSTECS as they are one of the largest ICT distributors in Malaysia.

Looking forward to its coming strong quarter result next month!

https://www.cnbc.com/2021/01/27/apple-aapl-earnings-q1-2021.html#:~:text=Apple%20delivered%20its%20largest%20quarter,up%2021%25%20year%20over%20year.

Posted by snake_eye > 2021-01-29 10:47 | Report Abuse

should close above 2.40 today...

Posted by LimitUp > 2021-01-29 15:32 | Report Abuse

Close below 2.33..maybe

Posted by LimitUp > 2021-01-29 17:25 | Report Abuse

Wow what happened here??

Posted by snake_eye > 2021-01-29 17:48 | Report Abuse

so sad..reverse back..

Posted by VTrade > 2021-02-02 18:25 | Report Abuse

Seem in a good stock...

Posted by Kensington > 2021-02-03 10:20 | Report Abuse

For the last 6 consecutive quarters the Co had chalked up improved yoy quarterly net profit, the next final quarter ending 31 Dec 2020 being no exception.
Let's look forward to better results and rerating of share price nearing the announcement date after CNY.

Posted by thesteward > 2021-02-03 12:32 | Report Abuse

This is a gem

Posted by 1lotman > 2021-02-03 12:56 | Report Abuse

more to come, more to come... 1lotman lovin' it

Posted by thesteward > 2021-02-03 14:48 | Report Abuse

I hope this gem can goto rm6 like Jftech

Posted by wongmunhaw > 2021-02-04 00:11 | Report Abuse

rm6 sap sap water

Posted by thesteward > 2021-02-04 09:46 | Report Abuse

Yes if break 2.45 v v bullish . I believe can break . Fingers crossed .

Posted by DragonPhoenix > 2021-02-04 10:20 | Report Abuse

haha ... drop pulak

Posted by hng33 > 2021-02-04 11:48 | Report Abuse

bought vsteach at 2.33-2.34

Posted by AnnYung > 2021-02-05 11:59 | Report Abuse

Ready for breakout

Posted by investor1218 > 2021-02-05 12:25 | Report Abuse

Finally!

Posted by investor1218 > 2021-02-05 15:04 | Report Abuse

Nearly hit RM2.60

Posted by michaelwong > 2021-02-05 20:34 | Report Abuse

Ready to break new high with on going technology theme play stocks surging to record levels .l'm holding 70% of tech stocks reaping wonderful profits . Lost big in gloves counter stocks . Damn it

Posted by DinDin01 > 2021-02-06 10:11 | Report Abuse

check APPLE, MSI, ASUS, LENOVO
those company all is increasing earning in last qtr.

so as their distrituber, VSTECS also will boom
agakration 25-30% increase

Posted by i3investor007 > 2021-02-06 19:25 | Report Abuse

Selling PC is good industry now

Posted by snake_eye > 2021-02-06 22:08 | Report Abuse

LU next week

Posted by hng33 > 2021-02-10 10:30 | Report Abuse

add more vstecs at 2.40

Posted by johotin88 > 2021-02-10 12:29 | Report Abuse

Look like a good company but is their profit sustainable for next few quarters?

Posted by snake_eye > 2021-02-10 13:08 | Report Abuse

cheap sale...add add add...

Posted by snake_eye > 2021-02-10 14:55 | Report Abuse

people love to chase high..this stock coming quarter will give bonus..jerung come in than bilis follow eat pucuk…

Posted by Kensington > 2021-02-11 11:21 | Report Abuse

There is currently a strong demand for laptops and personal devices due to WFH and study at home which has led to many moderately priced laptops running out of stock. Due to the short supply the association Pikom expects a marginal increase in prices (Source: The Star).
It is no brainer that this development is good for VSTECS for its coming quarters' profits.

Posted by snake_eye > 2021-02-11 12:12 | Report Abuse

next week party time for vstec

Posted by TedTock > 2021-02-11 17:11 | Report Abuse

I expect a considerable rise in the next few weeks or few months. Chip shortage, high demand in line with increasing remote working arrangements are among the driving factors to drive up prices and profits. After CNY, people will start to refresh their equipment.

Posted by minajesty > 2021-02-12 03:51 | Report Abuse

Debt Free. Low PE. Balance sheet super healthy. Earnings have been good for the past 5 years. Operating in so many countries as well. Wah truly a good sale. Can buy for long term! After all tech is the future!

Posted by Funion > 2021-02-12 17:32 | Report Abuse

Wah so good, so many sing praises to this counter.. something cooking loh

Posted by johotin88 > 2021-02-15 14:56 | Report Abuse

Nice! Challenging new high now. Top up if it breaks successfully.

Posted by investor1218 > 2021-02-15 15:09 | Report Abuse

Happy CNY! Huat ah

Posted by johotin88 > 2021-02-15 15:26 | Report Abuse

Above 2.76 during the closing I will top up.

Posted by Jack888 > 2021-02-15 15:29 | Report Abuse

going to bonus issue ?

Posted by Jack888 > 2021-02-15 16:07 | Report Abuse

Break 2.76 resistance...

Posted by investor1218 > 2021-02-15 16:14 | Report Abuse

Yeah...

Posted by Funion > 2021-02-15 20:12 | Report Abuse

3.0 come to papa. Rojakmee, right?

Posted by johotin88 > 2021-02-15 21:20 | Report Abuse

What 3.0? This 1 at least worth 5.0.

Posted by AnnYung > 2021-02-15 21:21 | Report Abuse

this is what i call good fundamental. Good past record + good prospect. Not some overvalued glove crap

Posted by snake_eye > 2021-02-15 21:58 | Report Abuse

wait for bonus issue announce than will up more..

Posted by Funion > 2021-02-15 22:15 | Report Abuse

lol johotin, what a nick, that explains a lot

Posted by Jackson Ong > 2021-02-16 07:22 | Report Abuse

Will announce bonus issue at this coming AGM

Posted by SharinganInsights > 2021-02-16 08:55 | Report Abuse

VSTECS: Moving to The Cloud

Trading Buy with FV of RM3.60 (27% upside). Enterprise segment (2x higher GPM than ICT distr.) will be a key earnings driver as corporations scramble to upgrade critical back-end infra to (i) tighten network security, (ii) support workforce mobility and (iii) quicken data processing speed. This leads to massive increase in web traffic and a surge in demand for cloud/data center software and hardware. As such, VSTECS even expanded its portfolio offering with ~5 new enterprise brands in 2020 and is in talks to bring in Alibaba Cloud which could serve as another share price catalyst.

Lead time for laptop/tablet doubled due to immense demand from the WFH trend and is expected to remain elevated following the PERMAI (tax relief on laptop purchase) and CERDIK (free laptop for 150k students) initiatives.

As a potential beneficiary of the RM1.16b NIIS project by IRIS (customer), VSTECS’s current fwd PE of 12.5x serves as a laggard play to the tech sector’s monster rally. Our Trading Buy with FV of RM3.60 is based on FY21E PER of 16x.

(By Kenanga)

Posted by investor1218 > 2021-02-16 09:26 | Report Abuse

When is the coming AGM? End of this month?

Posted by fregend > 2021-02-16 09:30 | Report Abuse

TP RM3.60 based on potential earnings

Posted by investor1218 > 2021-02-16 09:35 | Report Abuse

VSTECS gogogo