VITROX CORPORATION BHD

KLSE (MYR): VITROX (0097)

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Last Price

7.32

Today's Change

-0.08 (1.08%)

Day's Change

7.26 - 7.44

Trading Volume

673,400


4 people like this.

1,866 comment(s). Last comment by stockpick2me 1 week ago

Posted by EatCoconutCanWin > 2 weeks ago | Report Abuse

Buy before too late. Next quarter upup 200% on AI and 6G

Posted by howardmark > 2 weeks ago | Report Abuse

Perfect bull trap, perfect stock to steal your money, high risk. Get out ASAP. CUT LOSS CUT LOSS!!!

Posted by shareinvestment7 > 2 weeks ago | Report Abuse

Seriously no seller, drop 5% only. Hahaha. Warning sign has been there since 2 weeks ago. Good luck for those long term investors.

Posted by EatCoconutCanWin > 2 weeks ago | Report Abuse

Upup

SyahSyah

49 posts

Posted by SyahSyah > 2 weeks ago | Report Abuse

management bagus compani

Ron90

3,781 posts

Posted by Ron90 > 2 weeks ago | Report Abuse

PE 70x counter.. if you think thats not bubble going to burst.. its up to you, just don't follow the IB..

SyahSyah

49 posts

Posted by SyahSyah > 2 weeks ago | Report Abuse

ini vitrox kuat

speakup

25,219 posts

Posted by speakup > 2 weeks ago | Report Abuse

Kuat jatuh

xiaoeh

2,257 posts

Posted by xiaoeh > 2 weeks ago | Report Abuse

what happened?

curiousq

797 posts

Posted by curiousq > 2 weeks ago | Report Abuse

Q result gg

xiaoeh

2,257 posts

Posted by xiaoeh > 2 weeks ago | Report Abuse

oic...
thanks Curiousq

monetary

4,361 posts

Posted by monetary > 2 weeks ago | Report Abuse

I think all tech stock should go back to pre covid price

xiaoeh

2,257 posts

Posted by xiaoeh > 2 weeks ago | Report Abuse

Posted by monetary > 17 minutes ago | Report Abuse
I think all tech stock should go back to pre covid price

why ha...?
no more tech required?

Posted by shareinvestment7 > 1 week ago | Report Abuse

Key Takeaway from Analyst Briefing Last Friday:
To recap 1QFY24 results, Virtox’s core net profit decline of 30% QoQ was mainly due to higher R&D expenditure for new product introductions (RM4mil), lower automated board inspection (ABI) demand (-12% QoQ) from Mexico and lower machine vision system (MVS) purchases (-25% QoQ) and higher service cost on component parts failure for service contract customers (RM3-5mil).
In the near term, we are still seeing a pickup in business activities but orders are still slow in the consumer electronics and back-end semiconductor sectors due to economic uncertainties. Vitrox guided for a revenue of RM121-140mil in 2QFY24 (MVS:40% and ABI:60%), supported by deliveries of new and some existing orders that have been pushed back in 1QFY24.
We understand that Vitrox is facing certain challenges for all segments such as (i) shipment deferments due to a slowdown in automotive demand, with deliveries likely to occur in 2HCY24, and (ii) intensive competition in China to gain market share.
Vitrox plans to address these challenges by revising its selling prices and develop new and more cost-effective models for its MVS tray (MVS-T) and ABI segment to compete with local Chinese players. Consequently, we anticipate a short-term margin squeeze resulting from lower average selling price and an increase in R&D costs for new models.

durianbay

14 posts

Posted by durianbay > 1 week ago | Report Abuse

at least better than UWC

Posted by stockpick2me > 1 week ago | Report Abuse

Demand in Mexico was slowing down, but it's picking up in Thai 😀

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