V.S INDUSTRY BHD

KLSE (MYR): VS (6963)

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Last Price

1.04

Today's Change

-0.02 (1.89%)

Day's Change

1.01 - 1.06

Trading Volume

7,967,000


32 people like this.

31,460 comment(s). Last comment by pang72 10 hours ago

Posted by Bamboo Green > 2021-03-31 23:38 | Report Abuse

So you can continue to buy cheap now beh

nextan Good QR also can't fly when only want to fly leh?
31/03/2021 1:52 PM

excelyou

1,255 posts

Posted by excelyou > 2021-04-01 09:49 | Report Abuse

Go go

SmartPick

84 posts

Posted by SmartPick > 2021-04-01 10:09 | Report Abuse

NICE, right? :-)

SmartPick

84 posts

Posted by SmartPick > 2021-04-01 10:13 | Report Abuse

Goreng KAKI why you deleted your comment say vs very poor result and go to 2.3? Hahaha... sudah beli balik tak?

nextan

713 posts

Posted by nextan > 2021-04-01 14:18 | Report Abuse

Tp3.80 tapi tak tahu bilo?

Posted by TheLastSurvivor > 2021-04-01 15:55 | Report Abuse

Want fly cepat fly,people are waiting

Posted by diuleiloumei > 2021-04-01 16:54 | Report Abuse

waoo today big volume

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-04-01 17:52 | Report Abuse

for trader can sell at next tp 3.0-3.04, for investor can wait until bonus rally

nextan

713 posts

Posted by nextan > 2021-04-01 20:20 | Report Abuse

Anyone has attended today's AGM can please share with the investors here.

SmartPick

84 posts

Posted by SmartPick > 2021-04-02 08:15 | Report Abuse

Where got AGM bro? Salah terima berita lo.

nextan

713 posts

Posted by nextan > 2021-04-02 08:39 | Report Abuse

Bro sorry wrong information

SmartPick

84 posts

Posted by SmartPick > 2021-04-02 10:15 | Report Abuse

VS will easily achieve 3.4

nextan

713 posts

Posted by nextan > 2021-04-02 10:24 | Report Abuse

Show come today for VS,bonus issue approved.

Posted by TheLastSurvivor > 2021-04-02 15:28 | Report Abuse

3.0 big roadblock

Posted by investortrader88 > 2021-04-02 15:59 | Report Abuse

bought some at RM 2.99.hope it can break 3.00.good luck guys.

newbie2y

584 posts

Posted by newbie2y > 2021-04-02 16:47 | Report Abuse

affinhwang target 4.2! ^_^

Posted by TheLastSurvivor > 2021-04-02 17:09 | Report Abuse

Next week break 3.0

CalvinKang

141 posts

Posted by CalvinKang > 2021-04-02 17:11 | Report Abuse

gogogo

SmartPick

84 posts

Posted by SmartPick > 2021-04-02 18:14 | Report Abuse

Happy Weekend every shareholders!!!

Posted by investortrader88 > 2021-04-02 19:39 | Report Abuse

6MFY21 core net profit beat our estimate as group profit margin surprised with higher profit in Indonesia and narrower loss in China
Production of new models to be ramped up gradually and expected to drive 2HFY21 revenue growth
Reiterate BUY with higher target price of RM4.20, based on 26x CY21E EPS
2QFY21 Core Profit Rose >100% Yoy
2QFY21 reported core net profit was RM67m (+0.1% qoq, +138% yoy), after stripping out RM3.5m in unrealised forex loss and PPE disposal loss. The stronger profit growth was mainly driven by higher revenue, and better product sales mix, leading to a 4ppts yoy EBITDA margin improvement. 6MFY21 core net profit of RM134m beat our previous estimate, accounting for 56% of our FY21 forecast, as profit margin surprised positively. 6MFY21 revenue is within our expectation (comprises 42% of our FY21E revenue) as we expect a stronger 2HFY21 from the production ramp-up of new models.

Higher level of activities in Indonesia and China cushion a decline in Malaysia
On a sequential basis, PBT from Malaysia fell by 14% to RM80m in 2QFY21. But this was cushioned by the improvement in the Indonesia (from RM0.5m loss in 1QFY21 to RM4.7m profit) and China (LBT narrowed from RM5.5m to RM0.6m) operations. For 6MFY21, Indonesia reported a RM5.2m profit (6MFY20: RM0.5m) and China registering a RM6.5m LBT (6MFY20: RM6.1m) on higher customer orders.

Gradual Production Ramp-up of New Models
VSI will remain focused on ramping up production of 5 new models for its US-based customers, and 2 models for Victory in the coming quarters. We gather that the group is also in the midst of negotiating a new land acquisition to further expand its capacity to cater for new potential customers, though no definite timeline thus far. This is needed as the additional capacity through land acquisition in October 2020 has been fully taken up by customer Y.

Raising Our 12-month Target Price to RM4.20 (from RM3.78)
We make no changes to our revenue forecasts, but raise our FY21E EPS by 15% and FY22-23E EPS by 7-8% on higher margin assumptions. Our target price is raised to RM4.20 (from RM3.78), pegged to an unchanged 26x PER multiple on the CY21E EPS. VSI remains our sector favorite due its strongest projected earnings growth vs peers in the near term, and its most diversified customer mix being its edge. We reiterate our BUY call. Downside risks include: 1) lower customer orders; 2) potential foreign labor issue, 3) prolonged US-China trade stand-off, and 4) worsening global economic environment.

Source: Affin Hwang Research - 31 Mar 2021

dawchok

556 posts

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

Totally agreed with the report. Thks. Let's ride till 4.20.

James Ng

2,705 posts

Posted by James Ng > 2021-04-03 19:05 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-04-03-story-h1563155524.jsp
[转贴] [Video:浅谈V.S INDUSTRY BHD, VS, 6963] - James的股票投资James Share Investing

SuperPanda

11,431 posts

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

FA wise yes but not to soon, if you are investor, just hold

coming 1-2 wk should be +ve and VS may break new resistance, price may even shoot >52wk high

for trader, sell at strenght above resistance
_______________
newbie2y affinhwang target 4.2! ^_^
02/04/2021 4:47 PM

yorkyork

2,772 posts

Posted by yorkyork > 2021-04-05 13:06 | Report Abuse

apa kharbar

yorkyork

2,772 posts

Posted by yorkyork > 2021-04-05 13:07 | Report Abuse

sapiterbang!

SmartPick

84 posts

Posted by SmartPick > 2021-04-05 18:16 | Report Abuse

Top up 10 lot 2.98 today... Tomorrow up up up..

nextan

713 posts

Posted by nextan > 2021-04-05 19:44 | Report Abuse

10 lots only ,if i have more money i will buy 50 lots more and wait until 5.00

yorkyork

2,772 posts

Posted by yorkyork > 2021-04-06 00:13 | Report Abuse

电视和家电业务营业利润预计增长一倍以上,达到5亿马币左右。全年利润6% eps16xpe25 目标价4.00 creador research

yorkyork

2,772 posts

Posted by yorkyork > 2021-04-06 00:19 | Report Abuse

Retails is right, fund house research always wrong.

SmartPick

84 posts

Posted by SmartPick > 2021-04-06 01:15 | Report Abuse

nextan, 10 lot cost me almost RM30k already, plus my previous 20 lot at 2.45, u calculate how much i invest VS. I followed VS almost 10 years. U ask me anything regarding this share, i can answer u.

dawchok

556 posts

Posted by dawchok > 2021-04-06 08:59 | Report Abuse

yy : my TP for VS is 4 too. RM1 to go. There would be a positive surprise if contribution from the new factories exceed the expected number.

newbie2y

584 posts

Posted by newbie2y > 2021-04-06 19:40 | Report Abuse

haha york, when people robbed for toilet papers, even analysts also cannot think rationally :D

bj469

61 posts

Posted by bj469 > 2021-04-06 20:57 | Report Abuse

@superpanda, any new suggestion?

yorkyork

2,772 posts

Posted by yorkyork > 2021-04-06 23:45 | Report Abuse

They not expert in this field. They just waiting update from directors only write.

SHQuah

5,363 posts

Posted by SHQuah > 2021-04-07 07:47 | Report Abuse

Please update what is the Bonus and warrants requirements ? Thanks

SHQuah

5,363 posts

Posted by SHQuah > 2021-04-07 07:56 | Report Abuse

Besides VS, is there's any other good company also given Bonus issue and free warrants.

dawchok

556 posts

Posted by dawchok > 2021-04-07 10:00 | Report Abuse

KGB. 1:1 bonus. 1:3 free WA. Proposed yesterday.

newbie2y

584 posts

Posted by newbie2y > 2021-04-07 16:06 | Report Abuse

haha, true...i noticed some of them ''tipu makan'', just copy paste from the QRs...especially some local research..

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2021-04-08 11:17 | Report Abuse

stay tuned!!!

nextan

713 posts

Posted by nextan > 2021-04-08 22:07 | Report Abuse

My tp for vs is 5.00 by June

bj469

61 posts

Posted by bj469 > 2021-04-09 11:57 | Report Abuse

any advice anyone?

kimandsu

34 posts

Posted by kimandsu > 2021-04-09 12:32 | Report Abuse

My tp for vs is 7 by end of the year.

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-04-09 17:58 | Report Abuse

great call ! next for trader wait until weak market to buy back 2.70-2.80 range
__________
SuperPanda for trader can sell at next tp 3.0-3.04, for investor can wait until bonus rally
01/04/2021 5:52 PM

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-09 22:20 |

Post removed.Why?

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-09 22:20 | Report Abuse

Why vs drop non stop

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-10 14:08 | Report Abuse

vanbasten9 Please place your genuine TP for April, May and June and justify if need be
Please........................
10/04/2021 2:06 PM
X
vanbasten9 And no more to and fro with Gooshen Pooshen
You all should have ignored him 25 years ago
Waste time and space in this blog
TP and VS IND only please...............

nm1902

10 posts

Posted by nm1902 > 2021-04-12 11:02 | Report Abuse

EGM soon...

Dear Valued Shareholders of V.S. Industry Berhad

We are pleased to invite you to the Extraordinary General Meeting (“EGM”) of the Company, details as follows:

Date & Time: Wednesday, 28 April 2021 at 10.30 a.m.
Venue: Iskandar Ballroom, Hotel Jen Puteri Harbour, Persiaran Puteri Selatan, Puteri Harbour, 79000 Iskandar Puteri, Johor Darul Takzim

HuatAh8809

355 posts

Posted by HuatAh8809 > 2021-04-12 23:44 | Report Abuse

got new client...Start with P

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