Highlights

ViTrox Corporation

Author: gorenggoreng88   |   Latest post: Mon, 25 Feb 2019, 9:38 AM

 

Vitrox plans to invest up to RM300mil on Batu Kawan facility [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Mon, 25 Feb 2019, 9:38 AM


BATU KAWAN: Vitrox Corp Bhd plans to invest RM200mil to RM300mil to start the construction of a new design and production facility in Batu Kawan in two years. 

Group chief executive officer Chu Jenn Weng told StarBiz that the facility would be ready for operation in 2022 or 2023. 

“In two years we believe the utilisation of the production floor of the existing facility will reach 70% to 80% due to the surging demand for our products.

“This is when we will start investing for the new building.

“Currently the utilisation of the production floor of the existing facility is about 50%,” Chu said.

He said about RM200 to RM300mil would be spent for the building and equipment.

“The build-up area is planned to be 900,000 sq ft, double the size of the present facility that has a 450,000 sq ft, located in a 22-acre site.

“We are getting ready for expansion as we can see the demand from the automotive sector, smart factories, 5G telecommunication roll out, hybrid electrical vehicles, artificial intelligence and data centres growing,” Chu said.

In 2018, the growth of the group’s three-dimensional advanced x-ray inspection (AXI) and advanced optical inspection (AOI) equipment used for checking printed circuit board assembly products grew respectively by more than 30% and 100%.

“We expect the growth trend to continue this year,” he added.

Chu said the group would spend between RM50mil and RM60mil this year to design new equipment, compared to RM40mil and RM50mil utilised in 2018.

“We are developing new three-dimensional AXI and AOI equipment, and tray and wafer inspection handlers to be released in the second half of 2019.

“The AXI and AOI equipment contribute about 65% to the group’s revenue,” he added.

On the performance for the 2018 financial year, Chu said the group expected double-digit percentage growth for the revenue and net profit.

“It will be another record breaking year for us,” he said.

Chu added that the group expected the business environment to improve further in the second half of 2019.

“So far the first quarter has been good, and we see the same business trend for the second quarter,” he added.

According to Netscribes Research report, the global 5G market is forecast to grow at a compounded annual growth rate (CAGR) of around 97% over a five-year period and will reach a value of US$251bil by 2025.

“5G is expected to meet the rising need for bandwidth, advanced application services, and the rising inculcations of the Internet of Things (IoT).

“5G networks are expected to not only drive us towards a more connected society, but also bring about socio-economic transformation in many ways – increasing productivity, sustainability, and well-being.

“The fifth-generation mobile technology (5G) is on its way to becoming the next big thing in the global digital connected ecosystem,” the Netscribes report says.

According to a Mckinsey & Company report, globally, the automotive industry has recovered from the economic crisis.

“By 2020, global profits could increase by another 25 billion euros, to 79 billion euros.

“That is good news, but the benefits will not be distributed equally across all geographies or all types of cars.

“Instead, some regions and segments will do much better than others,” the reports said.

 

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

 

Vitrox Report by UOBKH [Goreng Goreng]

A visit by Dr. Ong Kian Ming to Pentamaster & Vitrox [Goreng Goreng]

ViTrox Wins The Highest Returns To Shareholders Award In The Edge Billion Ringgit Club 2018 [Goreng Goreng]

ViTrox may climb higher, says RHB Retail Research [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

Labels: VITROX
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Vitrox Report by UOBKH [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Wed, 30 Jan 2019, 3:09 PM


Vitrox Report by UOBKH

As we just shared about Vitrox entering the journey of Industry 4.0, UOBKH issued a report for the company. Take a look at the upcoming expectation and prospects the market is looking at.

2

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

 

A visit by Dr. Ong Kian Ming to Pentamaster & Vitrox [Goreng Goreng]

ViTrox Wins The Highest Returns To Shareholders Award In The Edge Billion Ringgit Club 2018 [Goreng Goreng]

ViTrox may climb higher, says RHB Retail Research [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

Labels: VITROX
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A visit by Dr. Ong Kian Ming to Pentamaster & Vitrox [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Wed, 30 Jan 2019, 3:07 PM


A visit by Dr. Ong Kian Ming to Pentamaster & Vitrox

Dr. Ong Kian Ming - 王建民

My three days working visit to Penang started with Pentamaster. A local owned company involved in the automation manufacturing and technology solutions. The company is equipped with 25 years of extensive and proficient skills in providing the integrated and customized solutions for cross sectors industries. The company will continue to strive for R&D to diverse their market which will go beyond M&E and E&E sectors. Also inspired with their R&D efforts and moving towards to I4.0 journey which is currently being promoted by the Government. Not forgeting the Readiness Assessment (RA) which has been announced yesterday and approximately 500 companies will be selected under this programme to further promote their products in the sectors involving I4.0.

My second company visit is to Paramit. I’m amazed with the Factory in the Forest concept practiced by Paramit Malaysia Sdn Bhd that showcased their unique way of consuming energy efficiently. Glad to know that Paramit Malaysia produces complex security technologies, medical devices and life sciences instrumentation.

Vitrox was the last visit of my first day working visit. Founded by three young engineers back in 90's in Penang. The V-One Industry 4.0 smart solution developed by ViTrox is a very good benchmarking to the other local companies to embark on the I4.0 journey. The product is merely a product involving the machine to machine communication at a more competitive price and afforded by the other local SMEs as well. I am mesmerized with the fact that the company’s efforts in striving for the achievements concerning I4.0 even before the launch of the National Policy I4.0 led by MITI.

The establishment of the Penang Automation Cluster (PAC) by the three Local Large Companies (LLC) namely ViTrox, Pentamaster and Walta is another platform to the local SMEs to also embark in the I4.0 journey. SMEs under this cluster are expected to provide quality raw materials to the local E&E and M&E companies.

 

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

 

ViTrox Wins The Highest Returns To Shareholders Award In The Edge Billion Ringgit Club 2018 [Goreng Goreng]

ViTrox may climb higher, says RHB Retail Research [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

Labels: PENTA, VITROX
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ViTrox Wins The Highest Returns To Shareholders Award In The Edge Billion Ringgit Club 2018 [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Wed, 16 Jan 2019, 1:08 PM


PENANG MALAYSIA - December 2018 - The judging panel of The Edge Billion Ringgit Club 2018 honored ViTrox Corporation Berhad, an innovative, advanced and cost-effective automated vision inspection solutions provider with recognition of “Highest Returns to Shareholders Over Three Years” in the technology sector.

The award was given during The Edge Billion Ringgit Club’s annual gala dinner held on 11th December 2018 in Kuala Lumpur. There were fifty-five awards presented to forty organizations from different industries listed under Bursa Malaysia with outstanding financial performances from the financial year of 2014-2017.

ViTrox achieved record revenue of RM 327.50 Million in the financial year ended on 31st December, 2017 (FY2017). The attribution to the rapid growth in revenue derived from its latest and improved series of advanced vision inspection solutions that serve the growing back-end semiconductor and electronics manufacturing industries across China, the United States, the Philippines, Taiwan and Europe.

The continued share price rally and consistent dividends payouts have granted ViTrox Corporation, a member of Billion Ringgit Club in winning the honours continuously for two years, reported in The Edge Market.

“I would like to extend my sincere gratitude to all ViTroxians, shareholders, and customers for your trust and enormous support. ViTrox couldn’t make it onto this stage without your tremendous contributions all along. Together we can achieve more!” said by Mr. Chu Jenn Weng, the President and CEO of ViTrox.

 

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

 

ViTrox may climb higher, says RHB Retail Research [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

Labels: VITROX
  Be the first to like this.
 

ViTrox may climb higher, says RHB Retail Research [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Wed, 12 Sep 2018, 11:36 AM


KUALA LUMPUR (Sept 12): RHB Retail Research said ViTrox Corp Bhd may climb higher after posting a white candle and hitting its new 52-week high.

In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term.

“A bullish bias may emerge above the RM7.80 level, with an exit set below the RM7.34 threshold.

“Towards the upside, the immediate resistance is at RM8.50. This is followed by the RM9.00 level,” it said.

 

 

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

ViTrox rated new outperform at Macquarie [Goreng Goreng]

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

 

Labels: VITROX
  Be the first to like this.
 

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Author: gorenggoreng88   |  Publish date: Mon, 13 Aug 2018, 10:42 AM


KUALA LUMPUR (Aug 9): Macquarie initiated coverage of ViTrox Corp Bhd with a recommendation of outperform.

* Price target (PT) set to RM8. ViTrox average PT is RM7.31.

* ViTrox had 3 buys, 1 hold, 0 sells previously: Bloomberg data

* Analysts raised their consensus one-year target price for the stock by 34 percent in the past three months. Forecasts range from RM3.58 to RM8.25.

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kok Hwa: The share market will be extremely bullish!

Market Outlook Symposium 2018 - Ooi Kok Hwa

Goreng Goreng Goreng.....

 

HLIB Research raises target price for ViTrox to RM6.72 [Goreng Goreng]

UOB: 3D vision systems to drive growth for Vitrox [Goreng Goreng]

ViTrox rated new outperform at Macquarie [Goreng Goreng]

Maybank: ViTrox Corp And the race begins… [Goreng Goreng]

Maybank: ViTrox Corp - Another standing ovation please [Goreng Goreng]

ViTrox is Moving to Campus 2.0 Now! [Goreng Goreng]

Vitrox expects 2018 to be another growth year

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

Strong demand for inspection systems lifts Vitrox earnings [Goreng Goreng]

ViTrox’s V-ONE Collaborates with Fuji Corporation [Goreng Goreng]

IPC CFX 2018_Interview with Khoo Yak Hua, ViTrox [Goreng Goreng]

Soft Launch of ViTrox V-ONE Mobile APP at IPC APEX 2018 [Goreng Goreng]

Vitrox to develop advanced robotic vision equipment [Goreng Goreng]

ViTrox on the prowl for M&A [Goreng Goreng]

ViTrox not resting on its laurels as it is 'not the best yet' [Goreng Goreng]

Labels: VITROX
  Be the first to like this.
 
qqq3 In the last two years, I have seen only two genuinely good stocks....

Vitrox and AoenCredit.
13/08/2018 11:23 AM
qqq3 that is why......management is number one when deciding on real winners.
13/08/2018 11:24 AM
qqq3 too bad for all the value investors....value investors specialize in buying lousy shares at low PE.
13/08/2018 11:28 AM


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