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KLSE: VITROX       VITROX CORPORATION BHD
Last Price Avg Target Price   Upside/Downside Price Call
4.64 3.15     -1.49 (32.11%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
21/08/2017 4.70 4.54 -0.16 (3.40%) HOLD HLG Price Target News
18/08/2017 4.71 4.54 -0.17 (3.61%) BUY HLG Price Target News
03/08/2017 4.56 4.54 -0.02 (0.44%) BUY HLG Price Target News
23/05/2017 6.50 7.16 +0.66 (10.15%) BUY KENANGA Price Target News
22/05/2017 6.40 7.20 +0.80 (12.50%) BUY MAYBANK Price Target News
22/05/2017 6.40 7.03 +0.63 (9.84%) BUY HLG Price Target News
19/05/2017 6.10 7.20 +1.10 (18.03%) BUY MAYBANK Price Target News
28/02/2017 4.15 4.70 +0.55 (13.25%) BUY MAYBANK Price Target News
28/02/2017 4.15 4.71 +0.56 (13.49%) BUY HLG Price Target News
27/02/2017 4.00 3.80 -0.20 (5.00%) HOLD MAYBANK Price Target News
27/02/2017 4.00 3.90 -0.10 (2.50%) HOLD HLG Price Target News


Price Target Research Article/News (past 6 months)
21/08/2017  HLG ViTrox Corp - 2Q17 Analyst Briefing
18/08/2017  HLG ViTrox Corp - 1H17 Results In Line
03/08/2017  HLG ViTrox Corp - Anticipate Another Record High in 2Q17
23/05/2017  KENANGA Vitrox Corporation Bhd - The Best Is Yet to Come
22/05/2017  MAYBANK Vitrox Corp may see highest-ever revenue in Q2 {Maybank buy call at 7.20} [Goreng Goreng]
22/05/2017  HLG ViTrox Corp - 1Q17 Analyst Briefing
19/05/2017  MAYBANK Vitrox results trounce expectations [Goreng Goreng]
28/02/2017  MAYBANK ViTrox Corp - Level Up!
28/02/2017  HLG ViTrox Corp - 4Q16 Analyst Briefing
27/02/2017  MAYBANK ViTrox Corp - Breaking Records Since 2013
27/02/2017  HLG ViTrox Corp - FY16 Results Above Expectations


Bonus Issue, Share Split or Share Consolidation announcement
Announce Date Ex Date Subject Amount/Ratio
05/07/2017 19/07/2017 Bonus Issue 1 : 1

  3 people like this.
 
VestPRO Don't wait till QR result out, will raise in a very fierce trend!
01/08/2017 23:25
LearnFromMistake Huh? This Q result won't be good... :D insider news
01/08/2017 23:38
sn2368 Drop due to T + 3
02/08/2017 00:02
lois123 Aug 3): Hong Long Investment Bank Research (HLIB Research) has maintained its "buy" call on Penang-based machine vision and electronics company ViTrox Corp Bhd with a higher target price of RM4.54, and said it expects an earnings upgrade, pegged to a price to earnings (P/E) multiple of 20 time, in line with global peers' average.

In a note today, HLIB Research said it sees ViTrox will achieve another record breaking quarter in 2Q17 after its strong performance in 1Q17.

"We expect a back-to-back record breaking streak in 2Q17 with revenue reaching RM75 million-RM78 million yielding a core net profit of RM20 million-RM23 million," the report said.

In 1Q17, the group achieved revenue of RM69.61 million against RM56.03 million in the corresponding period in the previous year, representing an increase of 24%.

Quarterly profit for 1Q17 stands at RM18.57 million, up 19% year on year from RM15.6 million in 1Q16.

For FY16, full year net profit stood at RM64.95 million, up 46.6% from RM44.32 million a year earlier, whereas revenue rose 46% to RM234.03 million against FY15 revenue of RM160.29 million.

ViTrox's four business units are: machine vision system standard (MVSS), machine vision system tray (MVST), automated board inspection, and electronic communication system.

According to the report, the MVST segment is expected to make a strong comeback in 2H17 as clients gear up for the major product launches towards the end of the year.

Another Penang-based corporation, SRM Integration Malaysia Sdn Bhd (SRM), is also seen to be experiencing robust growth in FY17. This will correspond to ViTrox's revenue attributed to MVSS, as SRM is a major customer for the segment.

Currently, ViTrox and another industry player are at a preliminary stage in exploring ways to further automate production to enhance efficiency and reduce human labour amid migrant worker restrictions by the government, the report said.

For FY17-19, HLIB Research raised its earnings per share forecasts for ViTrox by 8.7%, 22.7% and 22.6%, respectively.

Over the past year, ViTrox's share price has increased by 135.81% from RM1.95 in Aug 2, 2016. Today, the stock opened at RM4.56, up 7 sen from yesterday's closing price of RM 4.49.

As of 11.36am, ViTrox's share price was at RM4.52, bringing a market capitalisation of RM2.11 billion.
03/08/2017 12:53
Pangsh62 HLG analyst's TP change so fast, from Feb17=3.90 to May17=7.03, and 3 months later, after bonus issue, Aug17=4.54! What will their Nov17 target??? LOL
03/08/2017 14:21
Yu Yonglu the Q2 result expected to be better
04/08/2017 18:33
Larrytrader Buy call
04/08/2017 18:43
hongweigiet88 https://hongweigiet222.wixsite.com/website/single-post/2017/08/05/VITROX-0097---follow-up-on-technical-analysis-only
05/08/2017 12:21
Larrytrader faithless stock
07/08/2017 18:01
Yu Yonglu what happened ..
08/08/2017 11:45
Bigbull99 All semiconductor stocks taking a hit lately. Don't worry coming results should be stronger.
08/08/2017 13:19
Larrytrader go up please I am trapped in 4.60 now
08/08/2017 17:19
Awet91 Hahah i trapped at 4.7,better this morning get 4 and sell 4.3 huhu
08/08/2017 20:12
Yu Yonglu when Q2 result come?
09/08/2017 09:52
aikinlai Coming...after eat full at 4.34....
09/08/2017 16:13
Yu Yonglu means that will be jump after Q2 result released.... so hold
10/08/2017 00:04
hongweigiet88 https://hongweigiet222.wixsite.com/website/single-post/2017/08/12/VITROX-0097---follow-up-on-technical-analysis-only

Please drop a message to my blog and share your opinion. Happy Investing
12/08/2017 14:36
syarkler Pullback
13/08/2017 08:39
maxweng Coming to 5.0 by Friday at least
16/08/2017 09:25
Bigbull99 Coming quarter results profit should be > RM20mil. RM5 is small matter by end of the month
16/08/2017 10:56
Awet91 Hope so this month rm5 i still trap at 4.7 huhu
16/08/2017 15:57
Awet91 Today 4.7 tmr myb 4.8 hope so
17/08/2017 09:32
Bigbull99 Don't worry Awet, it will surely touch RM5 end of next week and soar above 5 after results announced.
17/08/2017 15:44
Larrytrader Awet91 now I starting to earn 1xx keke congrats all
17/08/2017 15:55
Awet91 Ops today reach rm4.8 tmr Lets test rm5.larrytrader need to patient.as i say i also trap at 4.7 but still buy on weeknes last week.just hold your share and will get $$$
17/08/2017 16:49
wumingxiaoshuai hopefully today come out excellent 2nd quarter result! hold tight tight because going to fly again! =)
17/08/2017 17:04
a7050669 Vitrox result out liao, EPS=9.09cents!
17/08/2017 17:17
Bigbull99 Net profit 21.3mil up from 18.6m QoQ and 14.4m YoY. Well done. RM5.10 tomorrow for sure.
17/08/2017 17:33
zoomsbooms good job vitrox..nice
17/08/2017 18:03
Awet91 Tmr sure fly high then today im happy im happy hehe
17/08/2017 18:23
Larrytrader tp8.00 keke
17/08/2017 18:56
Larrytrader will hold until earn four or five digit then consider selling keke
17/08/2017 18:57
Awet91 Dont cheap sale.heheh
17/08/2017 19:20
Alex Foo see vitrox cash flow statement 'investing' activities.....good capex. Expansion is ensured. Also, people like vitrox product.

If ever vitrox drop below PE20 i will consider collect. As of now, congrats to all holders =)
17/08/2017 20:27
Larrytrader Vitrox has MIT director
17/08/2017 21:10
maxweng Smooth sailing tomorrow...
17/08/2017 21:35
Lim Wy Pentrox =Penta+ Vitrox) 的前身今世

https://limwy94.wixsite.com/foodforthought/single-post/2017/08/16/Pentrox-Penta-Vitrox-%25E7%259A%2584%25E5%2589%258D%25E8%25BA%25AB%25E4%25BB%258A%25E4%25B8%2596
18/08/2017 07:22
Jun Yi Lim What happened to vitrox
18/08/2017 10:21
Bigbull99 Minor profit taking only. Stay calm and sail to RM5 next week.
18/08/2017 11:21
angcl https://www.bloomberg.com/news/articles/2017-08-17/dip-buyers-beware-this-selloff-came-with-slew-of-worrying-signs
18/08/2017 15:08
Adrian Keat Lim wy what ur post mean ?
18/08/2017 23:07
Depeche Profit taking only.. no need to worry
18/08/2017 23:26
Shines Results good also red, can someone explain?
21/08/2017 17:54
iambigshark it is just a storm in a tea cup
21/08/2017 17:56
Unicorn THIS --> http://www.thestar.com.my/business/business-news/2017/08/18/maybank-research-recommends-profit-taking-on-vitrox/
21/08/2017 17:59
Xiao Mi hold? or buy more? or sell?
22/08/2017 16:20
brightsmart there will be a new high when the next result comes around.
22/08/2017 16:28
Lee Yih Yeong going to shoot up at 9am, nasdaq 1%++
23/08/2017 07:18
iambigshark why maybk sell call?, is it they wanted to buy low
23/08/2017 16:12
justin banker decrease..
23/08/2017 17:18


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