V.S INDUSTRY BHD

KLSE (MYR): VS (6963)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.02

Today's Change

-0.02 (1.92%)

Day's Change

1.01 - 1.04

Trading Volume

12,831,400


32 people like this.

31,460 comment(s). Last comment by pang72 1 day ago

stock_hunt

250 posts

Posted by stock_hunt > 2019-09-05 21:06 | Report Abuse

wow ah tuk pun tambah nasi ni..u olang bila mau tambah nasi so that kenyang kenyang stay tune..keke

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-06 10:23 | Report Abuse

stay tuned!!!

hohoho123

3,165 posts

Posted by hohoho123 > 2019-09-06 12:41 | Report Abuse

trump come to meet datuk gan......if want blow .make it big

Posted by 1957590940918706 > 2019-09-06 13:25 | Report Abuse

Stay tuned

rexarin

29 posts

Posted by rexarin > 2019-09-06 16:30 | Report Abuse

stay tuned for profit warning notice

DAN84

591 posts

Posted by DAN84 > 2019-09-06 16:33 | Report Abuse

stay tuned!! waiting to vroommm!!

Posted by 1957590940918706 > 2019-09-06 17:39 | Report Abuse

Just be patient. Good fundamental stock

Posted by 1957590940918706 > 2019-09-07 22:32 | Report Abuse

The stock earning is fantastic

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-10 09:06 | Report Abuse

stay tuned!!!

DAN84

591 posts

Posted by DAN84 > 2019-09-10 11:49 | Report Abuse

stay tuneeeddd! :)

Posted by blueocean88 > 2019-09-10 13:09 | Report Abuse

Need to break 1.30 first

Posted by 1957590940918706 > 2019-09-10 17:46 | Report Abuse

By this week should see some action

Posted by 2966091533407224 > 2019-09-11 13:21 | Report Abuse

Esos?

Lappier811

183 posts

Posted by Lappier811 > 2019-09-11 20:52 | Report Abuse

Hahaha... Once burden drop then will fly. Stay tune.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-12 12:29 | Report Abuse

stay tuned!!!

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-12 14:00 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/09/12/uob-kay-hian-research-sees-strong-malaysia-orders-boosting-vs-industry#j3TBW8XHMXgFIais.41

UOB Kay Hian Research sees strong Malaysia orders boosting VS Industry
ANALYST REPORTS
Thursday, 12 Sep 2019

UOB Kay Hian Malaysia Research: “Given VS’s ability to secure meaningful contracts (new PCBA orders of about RM200mil per year on top of the master agreement with BISSELL), we remain confident of the group securing new contracts from prospective customers."

KUALA LUMPUR: UOB Kay Hian Malaysia Research expects VS Industry's results for the financial year ended July 31,2019 (FY19) to be in line, despite the profit warning from its 43.3%-owned VS International Group (VSIG) in China.

The research house said on Thursday it expected the results to be supported by strong orders from Malaysia judging from 9MFY19 visibility.

“Given VS’s ability to secure meaningful contracts (new PCBA orders of about RM200mil per year on top of the master agreement with BISSELL), we remain confident of the group securing new contracts from prospective customers, ” it said.

UOB Kay Hian Research said further contract wins could lead to a higher target price. It maintained a Buy call on VS Industry with a target price: RM1.55, based on 15 times FY20F PE which is at its three-year mean PE (from 13 times, which is the industry average forward PE).
image: https://video.unrulymedia.com/native/images/in-art-close-icon-128x128-16481b937f87b244a645cdbef0d930f8.png


Recall that VSIG recently released a statement warning of its weak 4QFY19 results. Note that the group is expected to record a net loss of Rmb115m (or -RM68mil based on the latest exchange rate) which worked out to be a RM29m net loss (based on 43.3% stake) to VS Industry in FY19.

This was attributable to: a) the sharp drop in revenue in FY19; and b) provision of impairment amounting to Rmb30m (or RM18mil) of the fixed assets. After excluding the impairment, core net losses from China operations to the group should be RM22mil, which is in line with its assumption.

“All in all, we expect VS’s 4QFY19 (to be released on Sept 26) core net profit to come in at the range of RM27mil to RM30mil, with our core net profit forecast in FY19 being intact, ” it said.

The research house said VS Industry's FY19 group earnings could have been better on-year on the back of a stellar performance from Malaysia operations alone judging from its strong 9MFY19 results, if not for the drawback from the US-China trade war.

The Malaysia operations recorded the best 9M revenue (+7% yoy) and PBT (+20% yoy), thanks to resilient demand for its key customer’s products and better economies of scale on optimal utilisation.

This is on top of the set-up costs incurred for the BISSELL plant. In terms of order visibility as of 9MFY19, additional orders (on box-build and PCBA) for particular products in fact came in higher than management initially expected.

“On Indonesia operations, it is now the net beneficiary of the US-China trade diversion as the order shortfall in 1HFY19 has been progressively filled up by orders diverted from China. Indonesia operations are expected to return to the black by 4QFY19, ” it said.

DAN84

591 posts

Posted by DAN84 > 2019-09-12 15:02 | Report Abuse

awesome info unclelimhuat! stay tuned!

laychee

1,743 posts

Posted by laychee > 2019-09-12 15:22 | Report Abuse

2 more weeks until QR. Place your bet now or wait?

hua91

156 posts

Posted by hua91 > 2019-09-12 15:40 | Report Abuse

Run first. buy back later after QR released.

Posted by blueocean88 > 2019-09-12 17:54 | Report Abuse

When QR result will release, any exact date?

Posted by No right Nor wrong Only to Win > 2019-09-12 18:00 | Report Abuse

Monetise for its contract recovery in 2020.
Vsi stand as top beneficiary to win more offshoring contracts during chinus trade war.

Posted by LuckyHuatHuat > 2019-09-12 18:00 | Report Abuse

Time to load in now. Waiting until QR result release will be too late. The price will soar high.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-13 09:10 | Report Abuse

haha goreng bro~

DAN84

591 posts

Posted by DAN84 > 2019-09-13 10:33 | Report Abuse

lol! patience bro! stay tuned & counting down!

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-13 18:02 | Report Abuse

stay tuned!!!

Posted by No right Nor wrong Only to Win > 2019-09-13 18:04 | Report Abuse

This time can break 1.33 ?

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-13 19:58 | Report Abuse

1.33 too low la bro hehehe

stock_hunt

250 posts

Posted by stock_hunt > 2019-09-13 21:06 | Report Abuse

haha..unclelimhuat apa new tp le? keke

Posted by No right Nor wrong Only to Win > 2019-09-13 22:34 | Report Abuse

Okie okie
Lets hope for 1.50

Lappier811

183 posts

Posted by Lappier811 > 2019-09-13 23:28 | Report Abuse

Got special deviden? Hehehec stay tune

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-17 09:31 | Report Abuse

stay tuned!!!

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-17 09:49 | Report Abuse

Given a 1.33 breakthrough
Does that mean vsi next quarter result likely to be $40mil n.profit ?

Good sign, to see market has show increasingly interest fir ems again.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-17 10:00 | Report Abuse

如果 下一个 qtr n.profit 有$60mil 的话
Ems全面 回复动力了。

TomyamGong

4,156 posts

Posted by TomyamGong > 2019-09-17 10:06 | Report Abuse

Vs go!!!! This story told us that when all the fuking institution asking u to sell, u mist BUY more!! Hahaha.. Huat!!! Gogogo!!

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-17 10:16 | Report Abuse

Look at salute , its share price rally
Market has high expectations for its next cycle new model products.

Most ems believed to roll out their new model products after come to the end of life cycle since mid of 2018.

TomyamGong

4,156 posts

Posted by TomyamGong > 2019-09-17 10:21 | Report Abuse

1.38 coming !

DAN84

591 posts

Posted by DAN84 > 2019-09-17 10:37 | Report Abuse

stay tuned!

Posted by 10217881781331673 > 2019-09-17 10:44 | Report Abuse

.

laychee

1,743 posts

Posted by laychee > 2019-09-17 15:07 | Report Abuse

Received a buy call whatsapp from publicinvest today. Buy call before earnings? So weird.

laychee

1,743 posts

Posted by laychee > 2019-09-17 15:10 | Report Abuse

Public Bank chartist wants to be an analyist so bad that he is using his anal organ to think?

hondapetak

110 posts

Posted by hondapetak > 2019-09-17 16:04 | Report Abuse

RM1.55 is on the way!

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-17 21:17 | Report Abuse

wow 1.55!!!

Posted by blueocean88 > 2019-09-17 21:36 | Report Abuse

Finally break 1.30

Posted by blueocean88 > 2019-09-17 21:38 | Report Abuse

Unclelimhuat, do you when QR will out?

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-17 21:48 | Report Abuse

Wah !
1.55 ?
By hear also very song .

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-09-18 07:29 | Report Abuse

blueocean88 bro, hehe how do i know when QR will out.. maybe you have to ask gorengkaki bro.

DAN84

591 posts

Posted by DAN84 > 2019-09-18 10:23 | Report Abuse

till then stay tuned!!

hondapetak

110 posts

Posted by hondapetak > 2019-09-18 11:16 | Report Abuse

unclelimhuat, i saw u always said stay tuned since before? why?

laychee

1,743 posts

Posted by laychee > 2019-09-18 11:32 | Report Abuse

So that you will buy or will not sell. Simple.

If cun cun, he will gain reputation. Next time, his 'tuned' will attract attention. One type of goreng skill.

TomyamGong

4,156 posts

Posted by TomyamGong > 2019-09-18 11:37 | Report Abuse

1.50 is coming!!

Post a Comment