Posted by Investeye > 2021-12-09 14:58 | Report Abuse

Great, hopefully EPF do not pull down the price again !

Posted by dlau8899 > 2021-12-09 17:40 | Report Abuse

1.40

Posted by blackchicken > 2021-12-09 20:01 | Report Abuse

09-Dec-2021 Insider DATIN LING SOK MOOI (a substantial shareholder) acquired 500,000 shares on 09-Dec-2021.
09-Dec-2021 Insider DATUK GAN SEM YAM (a substantial shareholder) acquired 500,000 shares on 09-Dec-2021.
09-Dec-2021 Insider DATUK GAN SEM YAM (a company director) acquired 500,000 shares at 1.234 on 09-Dec-2021.
08-Dec-2021 Insider Notice of ceasing to be substantial holder - EMPLOYEES PROVIDENT FUND BOARD on 02-Dec-2021.
08-Dec-2021 Insider DATUK BEH KIM LING (a substantial shareholder) acquired 400,000 shares on 08-Dec-2021.
08-Dec-2021 Insider DATUK BEH KIM LING (a company director) acquired 400,000 shares at 1.280 on 08-Dec-2021.

Posted by blackchicken > 2021-12-10 19:03 | Report Abuse

https://www.klsescreener.com/v2/news/view/922275

Posted by blackchicken > 2021-12-10 22:06 | Report Abuse

10-Dec-2021 Insider DATUK GAN SEM YAM (a substantial shareholder) acquired 300,000 shares on 10-Dec-2021.
10-Dec-2021 Insider DATIN LING SOK MOOI (a substantial shareholder) acquired 300,000 shares on 10-Dec-2021.
10-Dec-2021 Insider DATUK GAN SEM YAM (a company director) acquired 300,000 shares at 1.240 on 10-Dec-2021.

Posted by blackchicken > 2021-12-10 22:06 | Report Abuse

Next QR announcement?

Posted by jutawansenyap > 2021-12-11 18:32 | Report Abuse

Kwsp no more major shareholder. Something really wrong with our economy

Posted by jutawansenyap > 2021-12-11 18:32 | Report Abuse

Monday Tuesday i guess BSKL another round of bleeding.BSKL no catalyst. Wednesday is technical rebound. Then Thursday Friday bleeding again.

Posted by apple168 > 2021-12-12 06:43 | Report Abuse

https://www.sinchew.com.my/20211209/epf%E5%87%8F%E6%8C%81%E5%A8%81%E9%93%96%E8%87%B34-6/

Posted by apple168 > 2021-12-12 06:50 | Report Abuse

KWSP selling huge, something must be wrong with VS! Be careful!

Posted by Myeye > 2021-12-13 13:21 | Report Abuse

~.~

Posted by investmalaysia618 > 2021-12-14 16:39 | Report Abuse

pump and dump

Posted by NatsukoMishima > 2021-12-14 17:11 | Report Abuse

Andy hall wont let malaysis ems settle so easy with simply a few words , they must spend huge money like top glove to build 3 stars accomodation first in order to talk further !

Posted by blackchicken > 2021-12-14 21:14 | Report Abuse

KUMPULAN WANG PERSARAAAN (a substantial shareholder) acquired 1,595,800 shares on 13-Dec-2021.

Posted by kasim > 2021-12-16 09:01 | Report Abuse

going up...

Posted by blackchicken > 2021-12-16 09:02 | Report Abuse

Nasadaq was up 2.15% yesterday...

Posted by superman7181 > 2021-12-16 12:53 | Report Abuse

For the current quarter under review, the Group recorded a revenue of RM968.0 million,
a decrease of RM19.1 million as compared to the previous year corresponding quarter
largely due to lower contribution from the operations in Malaysia. Profit before tax was
lower at RM50.3 million, a decline of RM38.2 million over the same period. The
performance was affected by lower orders for Printed Circuit Board Assembly (“PCBA”)
from key customers during the current quarter, coupled with disruption in component
supply. The impact was partially offset by production of box-built for a new customer.

Posted by superman7181 > 2021-12-16 12:53 | Report Abuse

Malaysian segment posted a marginal decrease in revenue of RM18.9 million in the
current quarter by comparison to previous year corresponding quarter due to lower PCBA
orders. Meanwhile, profit before tax dropped by RM41.7 million over the preceding year
corresponding quarter, affected by a combination of factors that included increase in
labour and raw materials costs, higher depreciation from new facilities, setup costs for the
Industrial Vaccination Centre (PPVIN) under the PIKAS initiative at one of the VS
factories and the vaccination cost for the entire workforce. Mass production for a new key
customer has commenced during the quarter under review but has yet to achieve optimal
level. This, along with disruptions to supply chain, had led to lower operational efficiency.

Posted by superman7181 > 2021-12-16 12:53 | Report Abuse

China segment registered a lower revenue for the current quarter as operations remained
under-utilised in the absence of large orders, given the highly challenging operating
landscape in China. Operating loss, however, continued to narrow with lower expenses
incurred following a series of streamlining initiatives.

Posted by tim09 > 2021-12-16 14:09 | Report Abuse

not a very good result for Qtr 1/21

Posted by Lamshuntee > 2021-12-16 14:16 | Report Abuse

One and a half month is in the FMCO period. Consider ok result.
Bright future as I park new capacity is starting contribute

Posted by Lukesharewalker > 2021-12-16 15:19 | Report Abuse

Overvalued pe circa 30. Skpres better

Posted by blackchicken > 2021-12-16 17:53 | Report Abuse

Its net profit decreased only 5.04% QoQ. Not so bad.

Posted by blackchicken > 2021-12-16 18:05 | Report Abuse

On a brighter note, he said overall demand by customers would likely remain robust and was expected to sustain in the coming quarters.

"The group is also currently in advanced discussion with key customers on potential new orders, which if materialise, will contribute to future earnings."

He said its business development team would continue to receive enquiries from prospective multinational corporation customers and are following up on some shortlisted names.

Posted by newbie2y > 2021-12-16 20:22 | Report Abuse

haven't gone thru the report, but from a glance, with full mco during the quarter, setup costs of the new factory, the revenue increase is a surprise. Looks like the new orders are being produced from the new factory is contributing, upcoming qrs should be much better..

Posted by SunnySunshine > 2021-12-17 10:37 | Report Abuse

Pls confirm or correct below if right or wrong, thanks.

Assuming Mr.M have 100,000 VS share

On dividend ex-date, Mr.M will be entitled 500,000 x 0.004 = 2,000

However, the share price will be adjusted down of 0.01 on ex-date, the holding value will be gone with 500,000 x 0.01 = 5,000.

Overall, Mr.M will suffer a loss of “RM3,000” from this dividend declaration.

Right?

Posted by SunnySunshine > 2021-12-17 10:39 | Report Abuse

Instead of making money, dividend will cause Mr.M a loss of RM3,000. What a world.

Posted by blackchicken > 2021-12-17 11:26 | Report Abuse

Price target
17/12/2021 1.88 HLG
17/12/2021 1.61 AmInvest

Posted by oskchoon > 2021-12-17 12:25 | Report Abuse

https://www.theedgemarkets.com/article/vs-industry-earnings-forecasts-cut-after-1q-earnings-missed-expectations?type=malaysia

Posted by LogicTradingAnalysis > 2021-12-17 12:35 | Report Abuse

strong price accumulation as upcoming qr will see much better earning after analyst briefing done. expecting price to shoot above RM 1.50 soon as new facility will contribute a lot, also ATAIM order may move all to VS, which easy contribute 500m-1 bil per qr, looking at ATAIMS one qr revenue is about 800m-1 bil.

Posted by NatsukoMishima > 2021-12-17 14:34 | Report Abuse

KUALA LUMPUR (Dec 17): Earnings forecasts for VS Industry Bhd were lowered after its net profit for the first quarter ended Oct 31, 2021 (1QFY22) failed to meet analysts' expectations.

Affin Hwang Investment Bank research analyst Tan Jianyuan in a note on Friday (Dec 17) said that VS Industry's 1QFY22 core profit, which fell 43% quarter-on-quarter or 47% year-on-year to RM35 million, was a miss, comprising only 12% and 10% of his and the consensus estimates for the financial year ending July 31, 2022 (FY22).

“We cut our FY22 earnings forecast by 8% to RM284 million to reflect the weak 1QFY22 margin. [But] we expect stronger subsequent quarters on improving factory utilisation and operational leverage,” he said.

He also noted that his earnings forecasts of RM320.4 million for FY23 and RM362.4 million for FY24 are below the consensus as he earlier factored in higher compliance cost in relation to the company's migrant worker welfare as well as less bullish contract win assumptions.

He reiterated his "sell" call on VS Industry and revised down his target price (TP) to 98 sen from RM1.03.

Posted by LogicTradingAnalysis > 2021-12-17 14:37 | Report Abuse

all this morning bank research are not latest update, those based on yesterday result. this morning they have a new analyst briefing on future prospect... after listen... all big buy up.. can see from price movement.. haha

Posted by apple168 > 2021-12-17 18:57 | Report Abuse

https://www.sinchew.com.my/20211216/%E5%A8%81%E9%93%96%E4%B8%9A%E7%BB%A9/

Posted by apple168 > 2021-12-17 18:59 | Report Abuse

Big institutions are right again! Dump VS when price is still good…

Posted by NatsukoMishima > 2021-12-18 10:19 | Report Abuse

"sell" call on VS Industry and revised down his target price (TP) to 98 sen from RM1.03.

Posted by Markv572421 > 2021-12-18 13:19 | Report Abuse

I think should be 'BUY' call...............future prospect for VS good .....now price is even cheap ....buying volume also went up recently.....

Posted by Markv572421 > 2021-12-18 15:37 | Report Abuse

Monday should be intersting

Posted by James Ng > 2021-12-18 21:18 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-12-18-story-h1595683419.jsp
[转贴] [Video:浅谈V.S. INDUSTRY BHD, VS, 6963] - James的股票投资James Share Investing

Posted by latuk > 2021-12-19 12:48 | Report Abuse

James Ng 炒冷饭

Posted by bennyloke > 2021-12-20 09:44 | Report Abuse

Some contracts from ATA moved to VS, expect additional 1B revenue:

Customer X and US customer. Strong outlook from Customer X with order diversion from another contract manufacture following the recent labour issue. management expects to start production for the diverted 4 models in 3QFY22. With the availability of floor space following Victory’s exit, potentially there could be additional RM1bn revenue from the conversion of space. As for US Customer, VSI is currently running the production for 8 models and is expected to reach RM1.1bn revenue in FY22. Note that the margin contribution from US Customer is higher than Customer X. Furthermore, we understand that US Customer is the only one that is shielded from the component shortage as it mostly requires mechanical components.

Posted by simonc > 2021-12-20 10:18 | Report Abuse

VS Industry Bhd (ADD, tp:MYR1.94 ) - Robust order flows despite transient hiccups - 20/12

We came away from VSI’s recent analyst briefing more positive on its prospects, buoyed by a strong order flow outlook from key customers. VSI has secured new models from its existing key customer and is still on track to ramp up production for newer customers. Reiterate Add with a higher TP of RM1.94 (19x CY23F P/E).

https://resmail.cgs-cimb.com/e/763223/e2-70a0-4252-a7fa-7eec07879ed4/r1by8v/586966139?h=R_PlSPD_rQkVSUa83CxIB9_loz2Y7Ji2biB193VNUlk

Posted by newguy0801 > 2021-12-20 13:06 | Report Abuse

Andy Hall just made a Bursa statement and he wishes you guys well.

Posted by newguy0801 > 2021-12-20 13:07 | Report Abuse

The Bursa statement seems to be a rather good hint.

Posted by blackchicken > 2021-12-20 17:54 | Report Abuse

VS Industry to address labour issues, undergo social compliance audit in 1Q22 https://www.theedgemarkets.com/article/vs-industry-address-labour-issues-undergo-social-compliance-audit-1q22

Posted by blackchicken > 2021-12-20 17:56 | Report Abuse

There is almost no risk that VS will be dumped by Dyson.

Posted by Markv572421 > 2021-12-21 10:19 | Report Abuse

VS so weak ....

Posted by Markv572421 > 2021-12-21 10:53 | Report Abuse

How many investor want to run away from VS ...anyone ???

Posted by Blackpepper2020 > 2021-12-21 15:06 | Report Abuse

Victory actually cancel long time already since the covid case is slowly slow down

Posted by Markv572421 > 2021-12-21 16:20 | Report Abuse

How doom & bad Malaysia's economy ......sad

Posted by Markv572421 > 2021-12-21 16:39 |

Post removed.Why?