Technology index is above 20-day EMA and it is bullish temporarily, hope that the worst is over for this stock. RM also depreciated 5%, hope that the sell down on technology stock is over. Good luck. Thank you.
The share price of Vstecs has moved up north 10%, hopefully the share price of VS will follow the same trend. I hope the short sellers will stop selling this stock. Good luck. Thank you.
There was a divergent before the price trending down from the high 1.34 area, which it also broke the support at rsi 50. All upsides are possibly retracements until change of direction signal shows up. However, fundamental might point the other direction. Don't bash me if I am not right.
intrinsic value for the stock is MYR1.56, but it is currently trading at RM0.96. V.S. Industry Berhad's earnings over the next few years are expected to increase by 77%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Hence clear opportunity to collect now.
I lost big on VS warrants last round. This round make back a bit on the exercise. And then I itchy, I chased it up hoping for another SKP. Now...sad case.
Divergent observed in the hourly time frame and the trendline got broken towards the upside with momentum at the first hour of today trading. Now at the confluence of multi timeframe resistance.
VS Industry on track for a growth spurt in next financial year
VS industry is expected to remain on track for a growth spurt in financial year 2025 (FY25) bolstered by its leadership in trade diversion and ongoing contract discussion, says UOB Kay Hian (UOBKH) Research.
A strategic change in its main customer direction also opens a new era of opportunities for VS industry.
transformation has enabled VS to gain increased traction with the customer, offering enhanced supply chain flexibility and a broader product range.”
With an expanded geographical footprint across the region, the research firm said VS is now strategically positioned to cross-sell its new capabilities into diverse markets, driving stronger margin growth and increasing its success in securing multi-site job tenders.
“The recent win of two new product lines is a clear testament to this progress,” it said in a report.
According to UOBKH Research, the new order win was secured from its key customer for the manufacturing of selected consumer electric products on a box-build assembly basis. This is expected to bring in a recurring revenue contribution of RM300mil for FY25 and RM1.2bil for FY26.
Tech stock mosy pump n dump this few days.. Market worry sanction by Mr Trump for our product direct or indirect export to US.. FF pull out huge sum from market (few hundred millions)...
Positive traction with Customer X. Customer X’s streamlining exercises have been favourable to VSI, by rendering better autonomy in the area of purchasing, thereby complementing VSI’s strategies to beef up internal capabilities. More tangibly, it was awarded two new orders from Customer X worth MYR100m pa, with production scheduled to start by Feb/Mar 2025. In addition, VSI is aiming for MYR800m worth of jobs in the floorcare segment that could materialise by early 2025. With the Philippines operations to start executing the MYR1.2bn worth of orders by Apr 2025, we believe Customer X will be the main force driving FY26F growth of 77%.
https://theedgemalaysia.com/node/737956 EMS players navigate uphill path despite tech up cycle By Cheryl Poo / The Edge Malaysia 23 Dec 2024, 02:00 pm main news image (Photo by theaflowers on Pixabay)
This article first appeared in Capital, The Edge Malaysia Weekly on December 16, 2024 - December 22, 2024
NOTWITHSTANDING the growth in the electronics manufacturing services (EMS) sector amid improved global demand and the increasing outsourcing trend, EMS companies on Bursa Malaysia have turned in a mixed performance owing to rising costs, high inflation and supply chain disruptions.
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....
pang72
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Posted by pang72 > 2 months ago | Report Abuse
Epf buy means drop