@gohkimhock yup saw it d. Very good earning with good dividend policy as well. Much better than some over-goreng tech counters like greatech and jftech . Congrats on your profit in this undervalue gem
For 1Q2021, VSTECS registered revenue of RM669.0 million which was 79.5% above revenue of RM372.7 million achieved in the corresponding period of the preceding year (“1Q2020”). Profit after tax increased by 87.6% to RM12.7 million as compared to 1Q2020. All segments recorded higher revenue during the quarter. The ICT Distribution segment saw a 134.5% increase in revenue to RM423.1 million driven by the new normal of working from home and new handphone model launches. The Enterprise Systems segment posted revenue of RM227.6 million, an increase of 29.9% while the Group’s ICT Services segment grew by 7.7% to RM18.3 million.
Chief Executive Officer of VSTECS, Mr. Soong Jan Hsung said: “The first quarter of the year is typically a less vibrant period for ICT spending, but our performance this year bucked the trend as digital spending continues to accelerate amid lockdowns. With the current shift towards working and learning from home coupled with the extended personal income tax relief of RM2,500 on computer products until the end of 2021, market demand for mobile phone, tablet and notebook PC is expected to remain robust in 2021.
Wow , super under value tech stock , perfect value investment , buy 10k units keep for my retirement life n sleep well not need heart attack to monitor all the other ultra over goreng tech stock especially genetech ! Dont miss the chance now after BI with affordable price , it can reach minimum rm 5 if more n more people find its intrinsic value !
See what i predict is correct , EPS , Divy , prospect , management ,cashflow , 0 debt all better than genetec ! Why not challenge genetec or maybe 50 % price of genetec ! Simple simple ready overtake vs industry now , take note dont buy the wrong stock with same name !
Stock price up down a few sen is normal , keep this stock for mid to long term u will not regret , i play in bursa for almost 20 years , dont think for few sen profits must think for huge gain !
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....
gohkimhock
3,136 posts
Posted by gohkimhock > 2021-05-11 09:12 | Report Abuse
the best fundamental tech counter at the moment. I foresee some explosive quarters earnings ahead..