laulau

CEO of VSTECS was very optimistic in last Press Release. Now that US is going to double tariffs to 50% on China exports to US . More companies will relocate to Malaysia benefitting VSTECS Biz.
Recommendation:
Buy on any Weakness!

"Chief Executive Officer of VSTECS, Mr. JH Soong <宋昭雄> commented: "We are gratefulto achieve a new record financial performance in FY2023, a testament to our resilience in a challenging market. While consumer spending was subdued during the year, our Enterprise Systems and ICT Services segments performed well, driving improved profitability. As businesses continue to invest in AI, cybersecurity and automation, enterprise spending on technology will continue on an upward trend. VSTECS’ involvement in satellite internet connectivity and AI solutions showcases our commitment to bringing cutting-edge technologies to Malaysia. We are actively expanding our offerings through strategic partnerships with leading global brands, particularly in the booming cloud and data centre space. Malaysia's emergence as a major data centre hub presents abundant opportunities, and we're strategically positioned to capitalise on them.Looking ahead to 2024, we're confident in the continued growth of the enterprise segment, especially with more public sector projects coming on-stream. Additionally, we hold an optimistic outlook for the recovery of the ICT Distribution sector in 2024, driven by the expected broader economic rebound and a resurging replacement cycle. 2024 is poised to be a pivotal year, where we envisage the expansion of both our consumer and enterprise segments, laying the platform for a sustained growth trajectory”.

5 days ago

Jetstream

Thanks @Lau. Looking forward to the QR announcement.

5 days ago

ken

This is good company, but you can't expect profit keep going up and up.. I still stand, around rm3. I will buy back what I sold..

5 days ago

Gentingbig

laulau, dont be so happy lah as today Biden already slam tariffs on few items on imports from malaysia. Our PM busy with his visits to Hamas not knowing this country is a small fly to offend our big brother. list of items include semi conductor , solar and lithum batteries & battery parts. it will hurt as most of the chinese solar factory will need to move away from here

5 days ago

xcu843

Report out and so so only. Waiting to catch limit down price

5 days ago

laulau

Latest Press Release From VSTECS.
For Immediate Distribution.

Recommendation:
Accumulate on any weakness as VSTECS has only been appointed AWS & Broadcom (VMWARE) Distribution Partners last week. The income stream from these new business segment from AWS, Broadcom & Starlink can only be seen from the next Qtrs of 2024 onwards.

VSTECS TO CAPITALISE ON STRATEGIC TECHNOLOGIES KUALA LUMPUR, 15 MAY 2024 - VSTECS Berhad (“VSTECS”, 偉仕佳杰 , Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its first quarter financial results for the three (3) months ended 31 March2024 (“1Q FY2024”). In 1Q FY2024, VSTECS reported revenue of RM616.4 million, a slight decrease of 7% compared to the same quarter of the preceding year. This was mostly attributable to the timing of projects within the Enterprise Systems segment. The ICT Services segment maintained a strong revenue trajectory, increasing by 61% year-on-year (“YoY”), buoyed by cloud and data centre (“DC”) services. Additionally, the ICT Distribution segment showed promising signs of recovery with revenue growing 9% YoY after two consecutive years of subdued consumer spending. Profit after tax (“PAT”) tapered by 4% to RM14.3 million compared to RM14.8 million in 1Q FY2023.With its highly cash-generative business characterised by swift cash conversion, the Group continued to generate healthy cash inflow from operating activities amounting to RM11.7million during the quarter. As at 31 March 2024, the net cash position stood at RM114.5 million and VSTECS is well-equipped to seize expansion opportunities with a robust balance sheet.

Chief Executive Officer of VSTECS, Mr. JH Soong <宋昭雄>, commented: "The first quarter of the year is typically a subdued period for consumer and enterprise ICT spending due to the festive holidays. This year, the close occurrence of Chinese New Year and Hari Raya Aidilfitri amplified this effect, delaying several enterprise projects. Despite a slightly softer performance, we are satisfied with our results and look forward to the coming quarters with optimism across all three segments.

We anticipate increasing momentum in the ICT Distribution segment as the replacement cycle for pandemic-era devices gains traction, particularly with the impending launch of AI capable notebooks driving additional demand. Our commitment is to stay ahead of the curve by continuously introducing the latest endpoint devices while broadening our nationwide channel coverage to capture a bigger market share.The Enterprise Systems segment remains poised for growth, bolstered by ongoing private sector investments in technology infrastructure and more public sector projects. In addition to higher project-driven revenue streams, recurring income from cloud subscriptions will grow, facilitated by our partnerships with top-tier hyperscalers. With an extensive range of products and solutions, we offer seamless access for enterprises looking to initiate cloud migration or enhance their existing cloud infrastructure. We will widen our offering in areas such as Artificial Intelligence (“AI”), cybersecurity, and DC server solutions to capitalise on the rising demand for these strategic technologies.Our newest segment, ICT Services, has experienced a rapid surge driven by increasing demand for cloud and DC services. We are scaling up our resources in this segment to cater for the service requirements for upcoming projects within our Enterprise Systems segment and in preparation for the launch of several DCs in Malaysia over the coming months.VSTECS now stands as the leading ICT distributor with service capabilities, playing a central role in the ICT ecosystem. Our strong partnerships and nationwide channel network bridge principals with end-users, and our diverse portfolio positions us for sustained growth while delivering returns to our shareholders "

5 days ago

laulau

Vstecs Business Focus For 2024:

Vstecs Bhd will be focusing on enterprise and public sector data centres for this year.
In a filing with Bursa Malaysia, the company said its recent launch of the AWS cloud services distributorship and potential new enterprise products will boost its profit and revenue.
“We are excited about the new and enterprise products to be launched this year and we are optimistic of the second quarter and the balance of 2024,” it said.
https://www.klsescreener.com/v2/news/view/1325841

5 days ago

laulau

What's The Opportunity In VSTECS Berhad?

Ownership Breakdown
#Institutions 4.49%
#Individual Insiders 7.79%
#General Public 17.5%. (Retailers)
#Private Companies 22.9%
#Public Companies 47.3%

Top 25 shareholders own 81.88% of the company. Top 9 shareholders as follows:
1. VSTECS Holdings Limited 45.6%
2. Sengin Sdn Bhd 12.2%
3. Dasar Technologies Sdn Bhd 8.64%
4. Chieng Siew Chiew 3.7%
5. Eastspring Investments (Singapore) Limited 2.02%
6. Melco Holdings Inc. 1.68%
7. Kenanga Investors Bhd. 1.25%
8. Kooi Fui Lim 1.18%
9. Oasis Hope Sdn. Bhd. 1.01%

Good news, investors! VSTECS Berhad is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 18.24x is currently well-below the industry average of 23.28x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future.


VSTECS Berhad's earnings growth are expected to be in the teens in the upcoming years, indicating a solid future ahead. This should lead to robust cash flows, feeding into a higher share value.

What This Means For You

Are you a shareholder? Since VSTECS is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With an optimistic profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.

Are you a potential investor? If you’ve been keeping an eye on VSTECS for a while, now might be the time to enter the stock. Its prosperous future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy VSTECS. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision.

Recommendation:
Accumulate on any weakness as 81.88% shares are controlled by 25 shareholders with Vstecs Holdings controlling 45.6%, only 17.5% are held by general public (retailers) while 47.3% are held by public companies.

4 days ago

sammyramon

HOHOHOHO...YEZZZZZZAAAAAAAAAAA!!!!!..........2.75 otw.....😁😁😁

4 days ago

paktua73

run before stuck at High level..
jepun just want Chuck your throat..
better swing on good ipo counter hegroup,kjts or sns,myeg,
vstecs real pump n dump


tut tut
who stuck at rm3.50?

4 days ago

laulau

Another Unisem in the making? Congrats to those who managed to catch at the lowest price. After flushing most weak holders, the 2nd wave may be coming sooner than expected?

4 days ago

Ron90

First QR got festive seasons Raya's and everything starts to move.. got logic. ..some more.. if your saw the statement related to Ai and DC.. that it should be fine for us.

4 days ago

xuxu

wow turned green ! hehe

4 days ago

Ron90

wah!.. possible another step LU today kah?..

4 days ago

laulau

Many short term punters wasted so many years on stock market but never learned something basic and simple. Market is always forward looking to Vstecs money making partnership with AWS+Broadcom+Starlink. Let's not forget Vstecs has gone through a correction from 3.88 to 3.30 earlier. Vstecs should emulate Unisem! next TP at least 4.00 or higher?

4 days ago

laulau

More £££! Vstecs should be announcing appointment as distributor for NVIDIA Virtual Desktops, DGX AI Compute Systems, Compute, DGX Cloud, NVIDIA AI soon similar to Vstecs Singapore?

Partner

NVIDIA Virtual Desktops, DGX AI Compute Systems, Compute, DGX Cloud, NVIDIA AI

4 days ago

paktua73

vstecs ni kena ketuk oleh paktua
baru tercabar then pecut
hehe


tut tut
just joking

4 days ago

wintergrouse

they hear u paktua 🙄🙄😂😂

4 days ago

PureBULL ...

VSTECS
a wise-man in stocks said:
YTLPower is the local proxy for NVIDIA in DC biz, whilst
VSTECS, the proxy for Elon's Internet 1st n now + AMAZON's best n huge AWS biz.

Be fully inspired by the Rocket Trend of
YTLPOWR, the # 1 greatest stock in msia HIStory:
https://www.tradingview.com/x/u98pvGta/

VSTECS would follow u n more as the super A1 stock:
https://www.tradingview.com/x/R50lQlFc/

NB:
the bearing pts of valuation r
ytlpowr at Uni yr 2 n
vstecs at std 4 n ++

4 days ago

xuxu

dah masuk pagi tadi hehe gogogogo !

4 days ago

Ron90

whjooo.. possible LU today guys !..

4 days ago

Ron90

nobody is selling ... where got any counter..LU with only 7 millions shares available ???..

4 days ago

probability

amazing..@laulau, thanks

4 days ago

NatsukoMishima

With Elon musk start link vstecs atleast worth rm 11

With amazon vstecs atleast worth rm 50

With nvidia vstecs atleast worth rm 100

Copy and keep my comment for next 3 - 5 yesr !

4 days ago

investor77

Hope tie up with N Vidia will boost the share price. As it is after the Limit Up, yo yo up and down till 3.30 from 3.80. Today, Vstecs Statement is very positive on its prospects. Hope it will be like YtlPower, Vroom, Vroom till 4 -5 X, like YtlPower, from RM 1 to RM 5 !!!!!!

4 days ago

Apple2353

great rebound..

4 days ago

laulau

Already exceeded previous Lu price and reached 3.65! Can we push to highest of 3.88 and thereafter? After that TP of 4-5 is not impossible to surpass YTL or Unisem, as market capitalisation of Vstecs is very small in comparison?

4 days ago

sammyramon

Sell Sel Sell....save ur capital &..buy back at 2.75.....😁😁😁

4 days ago

Samuelgold

Luckily accumulate more ticket at 3.20, thx guys

4 days ago

laulau

For those who hesitated to buy Vstecs in the morning, can always try Iris? Already showing signs of movements as operator has been quietly accumulating?

4 days ago

paktua73

after kena ketuk vstec hit rm3.65 higher


taniah buat yg make it reload at rm3.23 n below today..
let ride till rm5.23
bole tak?



tut tut
dah naik ship vstec complete all DC legion
1-vstec
2-Notion
3-Dufu
4-sns
5-Hegrouo
6-kjts
7-carepls
8-ytl


tut tut
armada DC kini lengkap di sertai team paktua
hehe

4 days ago

laulau

Enjoy your ride to the next Lu!
Asia-Pacific data centre market continues to grow, says CBRE:: https://theedgemalaysia.com/node/710125

4 days ago

troy88

Correction over. Data centre will be the game changer to push Vstecs to greater heights..

4 days ago

laulau

Now correction is over, accumulate while still low and wait for Market & Foreign Funds to LU Vstecs like YTLPower/ Unisem!. Ada Oomph! Up 3 to 4x! due to 1-Stop Solution Provider for Software, Hardware. Cloud Hosting AWS ASEAN , Broadcom (VMware) ASEAN & China, StarLink and Nvidia Ai solutions for DC.

3 days ago

laulau

Accumulate on any weakness!

Vstecs should be announcing distributor/partnership deals with Nvidia for Ai PC & Nvidia's H100 family of powerful graphics processing units (GPUs) which dominate the data center chip market for AI which is selling like cakes and Graviton CPUs made by Amazon.com soon for Ai DC!
https://aws.amazon.com/blogs/aws/new-amazon-ec2-g5g-instances-powered-by-aws-graviton2-processors-and-nvidia-t4g-tensor-core-gpus/

3 days ago

laulau

Tech stock Ytl with 11,065 million shares already up 18 cents to 5.36 today! Wherease Vstecs with only 360 million shares has a lot to catch-up! Accumulate on weakness and wait for the next Lu! TP above 4 to 5 is not a dream!

3 days ago

probability

Microsoft offers cloud customers AMD alternative to Nvidia AI processors

https://theedgemalaysia.com/node/711998

guess cloud providers will mint money first before the DC providers

3 days ago

laulau

Yes, Vstecs with AWS cloud & Ai services will mint money first as collects cash upfront from DC providers. Already show signs of movements?
Btw if can't afford Vstecs can try Iris, another hidden trusted ID & Ai services provider to DCs?
https://www.irisid.com/iris-id-provides-security-and-data-protection-for-google-data-centers/

3 days ago

NatsukoMishima

Iris nothing worth to invest !

3 days ago

NatsukoMishima

Sabah will start cover all area with startlink in order to help improve network !

3 days ago

NatsukoMishima

This forum suddenly become very lively since last week ! I remembered before that only can see japanese post comments !

3 days ago

calvintaneng

Time to buy Vstec was 29 May 2020
After bonus cost was 58.5 sen

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-10-story-h-181811054-CALVIN_TAN_SAY_THANK_YOU_9_MILLION_TIMES_FOR_9_MILLION_PAGE_VIEWS_IN_i3

NOW IS THE TIME TO BUY JCY, NOTION & DUFU

Data Centers ARE POWERFUL CATALYSTS for HDD Usage, 3 Stocks Will Benefit Greatly: JCY, NOTION & DUFU, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-14-story-h-161725383-Data_Centers_ARE_POWERFUL_CATALYSTS_for_HDD_Usage_3_Stocks_Will_Benefit

After the Success of Vstec

Next will Be HDD stocks JCY, Notion & Dufu

4 days ago



calvintaneng

DUFU: ITS WORST TIMES NOW OVER: CYCLICAL UPTREND AHEAD POWERING UP BY NEW Ai THRUST & MUSHROOMING DATA CENTRES, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-18-story-h-161579220-DUFU_ITS_WORST_TIMES_NOW_OVER_CYCLICAL_UPTREND_AHEAD_POWERING_UP_BY_NEW

2 days ago

NatsukoMishima

JCY , NOTION = pump n dump = warning !!

DUFU compare with vstecs = smart n wise investors 100% will choose vstecs who has USA magnificient 7 amazon , nvidia , microsoft ,broadcom back up !

Dont simply ask people buy share just for u to untie n run away left innocent bilis lost money !
We come bursa to help every body earn money not lose money bro !

1 day ago

laulau

(Updated Weekend Reading)
YTL Power with shares of 8,189 miliion has surged from 70 sen to highest at 5.39 with announcement of tie-up with only Nvidia!

Vstecs with 360 million shares can surely do better than current price of 3.62? with announcement of partnership with AWS+Broadcom(VMWare)+Starlink+ Nvidia Ai PC & GPU?. Next TP should be at least 4~5 before next Qtr?

The case for VSTECS an MSC-Status company which witnessed a surge of its share price to RM3.88 recently following the announcement of partnership/distributorship deal with Amazon Web Services (AWS).

VSTECS - The Leading One-Stop ICT Solution Enabler.
Big International Corporations such as Microsoft, Amazon, Nvidia, Google has announced big investments in Malaysia ICT infrastructure such as Data Centers e.g.
* Microsoft RM10.2 Billions
* Amazon RM25 Billions
* YTL Nvidia RM20 Billions
* Google - RMxx Billions (to be announced)

These big investment on Data Centers and relocation of overseas companies from Europe, China, Taiwan, Singapore, Middle East to Malaysia will provide a new and big market for VSTECS services as the leading one-stop ICT Solution Enabler with services including computing, storage, databases, analytics, networking, and application services to enterprises in the private and public sectors in Malaysia and ASEAN Market.

The company's extensive network of channel partners and expertise in cloud services will ensure seamless access and support for Malaysian businesses looking to migrate to the cloud or optimise their existing cloud infrastructure.

VSTECS named Distributor for AWS.
# Expanding Cloud Portfolio: VSTECS traditionally distributes IT hardware and software. Partnering with AWS, the world's leading cloud service provider, grants them access to a high-growth market. Cloud spending is expected to continue its exponential rise in Malaysia, and VSTECS is now positioned to capitalize on this trend.
# Recurring Revenue Stream: Cloud services are typically delivered through subscription models, generating recurring revenue for VSTECS. This predictability is highly attractive to investors, boosting VSTECS's value proposition.
# Increased Visibility and Credibility: The AWS partnership validates VSTECS's expertise and strengthens its brand image. This association with a dominant industry player can attract new clients and solidify VSTECS's position in the Malaysian ICT market.
# Potential for Upselling Services: By offering AWS alongside existing hardware and software solutions, VSTECS can create comprehensive cloud packages for clients. This bundling approach can lead to higher margins and additional revenue streams.
# Gateway to New Markets: VSTECS's reach may extend beyond Malaysia and ASEAN. AWS's global presence could open doors for VSTECS to participate in regional cloud projects, further propelling its growth.
# Data Center Investment & Relocation of Foreign Companies to Malaysia Spurs Need For VSTECS One-Stop ICT Solutions and Services.
*Microsoft RM10.2 BILLIONS
*Amazon RM25 BILLIONS
*YTL-Nvidia RM20 BILLIONS
*Google RMXX Billions

Johor is expected to pull RM17 billion (US$3.6 billion) in new data centre investments this year, building on RM51.1 billion in investments in 2022.

The Malaysia government has also supported Johor’s data centre ecosystem by building industrial parks with suitable infrastructure. Two of the biggest are the 745-acre Sedenak Tech Park (STeP) and 509-acre Nusajaya Tech Park. 
# VSTECS Named Starlink's Authorised Distributor to Offer High-speed Internet in Malaysia.
# VSTECS name Distributor for Broadcom VMware - VSTECS and Broadcom signed a new ASEAN and China distribution agreement for VMware technology solutions to serve the ASEAN and Chinese markets. In addition to continuing to distribute VMware technology solutions in ASEAN and China, VSTECS will now expand its services and provide technical support services to customers for specific products.
#Vstecs to announce partnership with Nvidia on Ai PC & GPU soon?

RECOMMENDATION:
Collect VSTECS as much as possible on any weakness and we wait for the next Limit Up! with buying from Market & Foreign Funds!

1 day ago

NatsukoMishima

https://www.orientaldaily.com.my/news/international/2024/05/19/652833

Wow , Elon musks coming , startlink will take over all telco in the next 10 years ! Musks should come to Malaysia meet with our CEO and leader hopefully !
How high is high for vstecs ? I m not sure but above rm 50 is possible in future !

1 day ago

NatsukoMishima

https://www.cnbc.com/2024/05/19/microsoft-ai-pcs-build-2024.html

The world will chg to AI PC ,AI phone !

15 hours ago

i7investors

https://www.freemalaysiatoday.com/category/opinion/2024/05/18/malaysias-tech-scene-set-to-soar-with-surge-in-investments-by-tech-giants/

14 hours ago

laulau

Bursa very bullish! Already up nearly 9 points to 1,625 today! Take advantage of market play on Tech & DC connected stock. Accumulate Vstecs on any weakness before Foreign Funds grab all! Vstecs will play catch up to Ytlpower soon?

Foreign funds remain net buyers of securities for fourth consecutive week
By Azanis Shahila Aman
May 20, 2024 @ 9:29am
https://www.nst.com.my/business/corporate/2024/05/1052811/foreign-funds-remain-net-buyers-securities-fourth-consecutive

13 hours ago

star584

yamate

9 hours ago

laulau

DC linked counters like Vstecs are key beneficiary of the artificial intelligence (AI) boom in Malaysia that has spurred demand for digital infrastructure (Broadcom VMWARE), including the internet (Starlink), cloud computing and other IT services (AWS & Nividia Ai PC, with DCs being the crucial components that support digital infrastructure where digital data is stored, managed and processed.
https://theedgemalaysia.com/node/711335

8 hours ago