James的股票投资James Share Investing

[转贴] [V.S INDUSTRY BHD,继续成长] - James的股票投资James Share Investing

James Ng
Publish date: Wed, 14 Mar 2018, 04:01 PM

[V.S INDUSTRY BHD,继续成长]

USD / MYR在2017年1月时是4.50,现在是3.90,跌了13%。这个现象导至了威铖的股价跌了不少。据2017年报134页,以马币计价的贸易及其他应收款是RM1.9亿,比较以美元计价的贸易及其他应收款是RM5300万,所以在总的贸易及其他应收款RM2.4亿,约22%是以美元计价。

前景:
在中国,因为量产了新的产品和较高的机器运作率,威铖预期会有进步的表现。在大马,box-build的订单预期会保持。

据2017年报15页,威铖正在Senai建一个180000平方英尺的新厂,预期在6月完工。建成后,威铖就有在3个国家超过300万平方英尺的产房。威铖也和几个潜在的客户招商,希望能拿到订单。

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James Ng

USD / MYR was 4.50 on Jan 2017, but now is 3.90, a decrease of 13%. This has somewhat caused the price of VS to dip. According to page 134 of 2017 annual report, the [Trade and other receivables] denominated in RM was RM185m, compared to the [Trade and other receivables] denominated in USD was RM53m, so out of the total RM238.369m [Trade and other receivables], about 22% was denominated in USD.

Prospects:
In China, VS expects improved performance going forward since commenced mass production of new products for key customers in China and higher plant utilisation rate. In Malaysia, the box-build orders are expected to sustain.

As explained in page 15 of 2017 annual report, VS is contructing a new factory in Senai with a built up of 180000 square feet, which is expected to be completed by June 2018. With this addition, VS would have in excess of 3m square feet of production cum warehouse space across 3 countries. VS is exploring with several prospective customers and hope some of these potentials shall materialise into sales orders.

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James Ng

 

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