VSTECS BERHAD
KLSE (MYR): VSTECS (5162)
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Last Price
3.52
Today's Change
+0.01 (0.28%)
Day's Change
3.48 - 3.55
Trading Volume
230,900
Overview
Market Cap
1,267 Million
NOSH
360 Million
Avg Volume (4 weeks)
565,873
4 Weeks Range
3.02 - 3.60
4 Weeks Price Volatility (%)
86.21%
52 Weeks Range
1.28 - 4.52
52 Weeks Price Volatility (%)
69.14%
Previous Close
3.51
Open
3.52
Bid
3.51 x 42,600
Ask
3.52 x 20,900
Day's Range
3.48 - 3.55
Trading Volume
230,900
Financial Highlight
Latest Quarter | Ann. Date
30-Sep-2024 [#3] | 13-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 27-Feb-2025
T4Q P/E | EY
17.28 | 5.79%
T4Q DY | Payout %
1.96% | 33.68%
T4Q NAPS | P/NAPS
1.38 | 2.55
T4Q NP Margin | ROE
2.54% | 14.76%
Market Buzz
2024-11-15
2024-11-15
2024-11-14
2024-11-14
2024-11-14
2024-11-14
2024-11-14
2024-11-13
28.40%News and Blogs
Related videos
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Company Profile
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: TECHNOLOGY EQUIPMENT
Subsector: TECHNOLOGY EQUIPMENT
Description:
VSTECS Berhad, formerly ECS ICT Bhd, is engaged in the provision of e-commerce systems and solutions. The company distributes information and communications technology (ICT) products in Malaysia. These products consist of notebooks, personal computers, smartphones, tablets, wearables, printers, software, network and communication infrastructure, servers, and enterprise software. It operates in three segments. ICT distribution segment distributes products to resellers, comprising mainly of retailers, Its Enterprise systems segment markets products to system integrators and corporate dealers. The ICT services segment is involved in the provision of ICT services.
Discussions
12 people like this. Showing 50 of 2,503 comments
Wow, now i cyberattack is so terrible can even malfuntion the hospital medical device , like that i think not only sme but all government agencies departments should have starsentry system to safeguard cyberattack !
LGMS is partnering with VSTECS Astar Sdn Bhd as an official distributor for StarSentry. By leveraging VSTECS’s extensive network of 3,600 channel partners, the partnership aims to empower businesses especially SMEs to safeguard their digital assets effectively. – Oct 17, 2024
3 weeks ago
Vstec + LGMS = SEA Palo alto network security !
If u still dont know why i keep saying vstecs will hit rm 3 - 6 - 11 - 50.... pls go to check who is palo alto , starlink , amazon , google pixel ! I just dont know why they still dont want annouce partnership with Nvidia blackwell in data center , maybe vstec worry about their share price will direct skyrocket to multiple limit up !
3 weeks ago
Please do me a favour, please stop to badmouth other stocks in I3, I believe the share price of Vstecs will move up north very fast.
I also have a big investment in this stock, please do not spoil the party here.
Thank you for your help.
3 weeks ago
Key initiatives include the Supply Chain Resilience Initiative and the New Investment Incentive Framework, both aimed at enhancing Malaysia’s standing in the global tech landscape. This budget demonstrates a strong commitment to fostering technological advancements, digitalisation, and skilled talent development, crucial for positioning Malaysia as a key player in the semiconductor supply chain.
The New Investment Incentive Framework, with a strategic fund of RM1 billion, targets high-value-added activities, placing a strong emphasis on AI, semiconductor technology, and innovative industrial practices. This framework aims to boost local talent, encouraging them to pursue research and high-value projects within the country, with implementation expected in the third quarter of next year.
Additionally, Malaysia’s tax incentives are being expanded to include advanced materials and integrated circuit (IC) design, further cementing the nation as a major player in the high-tech sector.
A significant aspect of Budget 2025 is the commitment to digitalisation and automation, with investments totalling USD16.9 billion from global technology giants. This support aims to modernise industries, particularly in automating and upgrading current processes, and includes accelerated capital allowances for ICT equipment, software, and consulting services. The new incentives also extend support to integrated circuit (IC) design activities, further strengthening Malaysia’s position in the semiconductor industry.
3 weeks ago
@OTB
11,509 posts
Posted by OTB > 7 hours ago | Report Abuse
Please do me a favour, please stop to badmouth other stocks in I3, I believe the share price of Vstecs will move up north very fast.
I also have a big investment in this stock, please do not spoil the party here.
Thank you for your help.
__________
If a stock really worth the high price with bright future n solid fundamental then u no need to worry about other people sabotage this stock because the share price will keep uptrend ! I just like give own opinion about business not bad mouth if compare with other people using rude words curse your family ! I respect u OTB for good vision in ytl brothers , i still holding ytl no scare !
3 weeks ago
Dow Jones
Dow Jones Industrial Average
42,514.95
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Nasdaq
NASDAQ Composite
18,276.65
-296.47
1.59%
3 weeks ago
Kenanga set key resistance levels at RM3.64 and RM3.75
https://www.businesstoday.com.my/2024/10/23/take-profit-range-narrowed-for-vstecs-as-stock-rises-fast/
3 weeks ago
https://www.klsescreener.com/v2/news/view/1416377
All in before too late ! Rm 6
2 weeks ago
Dont DREAMING Rm6.........KLSE is KOYAKKK & getting worse....avg daily transaction is only rm1.5 -3b only...carazy LOL...
2 weeks ago
all IT n communication devices price will skrocket after US election , iff u want upgrade better act right now !
1 week ago
PETALING JAYA: Kenanga Research anticipates a rise in demand for cloud services as global cloud service providers (CSPs) continue to invest heavily in data centres, cloud and artificial intelligence (AI) infrastructure in Malaysia.
The research house said it believes players involved in various roles within the cloud industry such as CSPs, distributors for global CSPs, managed-cloud service providers, software vendors and system integrators, stand to benefit.
Among the beneficiaries include Telekom Malaysia Bhd, Maxis Bhd, CelcomDigi Bhd, OCK Group Bhd, as well as TIME Dotcom Bhd, Dagang Nexchange Bhd, Vstecs Bhd and SNS Network Technology Bhd.
1 week ago
We expect a stronger 2H24, boosted by higher contributions from VMware, along with
new revenue from Google Pixel and AWS cloud services, as well as shipments of AI
related DC equipment. The stock will also benefit from Budget 2025, which allocates
significant funds to promote digitalisation in Malaysia. A key inflection point may occur
with the government’s rollout of new DC incentives, which could potentially
supercharge VSTECS’ growth by unlocking its TAM. Maintain BUY. Target price:
RM5.02.
WHAT’S NEW
Expect a stronger 2H24. Recall that VSTECS reported a core net profit of RM29.4m (-4%
yoy), accounting for only 40% of our full-year estimate due to the slower rollout of public
sector projects in 1H24. Despite this, there was notable growth in the ICT distribution
segment (+19% yoy) in 1H24, driven by the strong uptake of Starlink (thousands of units
monthly) and a resurgence in PC demand indicating the start of the replacement cycle for
devices bought during the pandemic. We expect earnings to catch up in 2H24, supported by:
a) the rollout of Google Pixel in Aug 24, with thousands of units delivered since Sep 24, b)
new AWS cloud service contributions following its data centre (DC) launch in Aug 24, c)
increased contribution from VMWARE under a new agreement (doubling effect), d)
shipments of AI-related DC equipment in 3Q24, e) steady adoption of Starlink with the
potential rollout of Starlink Mini in 4Q24, and f) seasonally stronger consumer and enterprise
spending in 2H24.
New DC incentives: A strategic inflection point. The Malaysian government is currently
restructuring its incentive packages for DC investments to prioritise high-value activities that
bring broader economic benefits. Treasury Secretary General Datuk Johan Mahmood
Merican highlighted concerns that while DCs involve significant capex, they often do not
create enough high-skilled jobs and can strain electricity and water resources. To address
this, the government will introduce a new investment incentive framework by mid-25, using a
“scorecard” approach to assess projects based on factors like job creation, local business
linkages, sustainability, and alignment with strategic economic sectors. These incentives will
be backed by a RM1b strategic fund designed to cultivate local talent and promote high-value
activities in the E&E and AI sectors, ensuring long-term economic benefits. We believe this
could be an inflection point for VSTECS, as it will further accelerate its DC equipment and
GPU server deals by multiple folds, growing from the current tens of millions of ringgit.
Beneficiary of Budget 2025. While details remain sketchy, VSTECS stands to benefit
significantly from Budget 2025, which allocates substantial funds from both the Ministry of
Education (MoE) and the Ministry of Digital to enhance digitalisation and internet coverage
across Malaysia. The MoE's record allocation of RM64.1b includes RM635m for
infrastructure upgrades and expanded internet access in public universities, as well as
RM270m for improving internet coverage in higher education institutes, rural schools, and AI
education initiatives. Meanwhile, the Ministry of Digital is set to receive RM1.3b to promote
the digital economy, alongside capital allowances for e-invoicing implementation that
encompass ICT equipment and software purchases.
1 week ago
Vstecs + starlink + Elon Musk in White house = control the world technogy !
4 days ago
Yes , it definitely will within 5 years ! More SBB more EPS more higher share price ! Be patience and u will be paid later
2 days ago
Dow falls more than 350 points, retreating from record as postelection rally takes breather
2 days ago
why posting dow jones crap here? it's a rubbish index even in the US. Nvidia with market cap 3T USD just entered the index few days ago and has like only 2% in the dow just tell how useless the index is. lol
2 days ago
Amazing results! Quarter to Quarter shot up 28%! Better than KGB
For Q3 FY2024, the revenue increased by 30.2% to RM841.8 million from RM646.4 million last year attributed to recovery in both consumer and enterprise product and new product launching. Accordingly, gross profit (GP) increased by 28.6% to RM48.9 million from RM38.1 million last year.
Profit before tax (PBT) increased by 53.5% to RM26.5 million from RM17.3 million after accounting for lower impairment of
financial instrument by RM845,000 and higher share of associate profit by RM452,000
1 day ago
Feb got 1 more dividen around 4 - 5 sens , total around 7 sens per year dam dam masuk pocket !
1 day ago
Be stand by for partnership with Nvidia Black well announcement !
Who sell who bodoh ! Vstecs possible really hit rm 50 in future !
1 day ago
I think u are the person who want to buy cheap ticket later not the smart investors who already parked their heavy capital in vstecs before it surge ! 🤣🤣🤣
6 hours ago
We all shareholders should recommend Mr Song to increase profit margin even a bit than their qr np will hit rm 30m atleast and dividen can hit 10 sen per annual !
4 hours ago
I hope when share price hit rm 6 - 11 , u all will know in bursa u can only trust jepun ! Btw , u all should all in ranhill ,it will hit rm 5 !
2 hours ago
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