This is definite commendable.. rhb has serious talent here

Relay race ka hahaha ... yes Goku88, can wait and sit tight for more good QR shows ahead

You are correct Pyh96 we should stay low and wait sharks to push further..
On the side note, following Goku88 comparison, with PE47 Penta = VS shud be RM 3.53, while PE69 Greatec = VS shud be RM 5.18 for forward earnings FY21-22... but i wud say PE40 wud be sufficiently bullish, bcoz their normal PE is ard 20 during normal times...

Nice one thanks paperplane.. but with so many household brands which is up to anyone's guess

Surewind said it well... other EMS players like SKP or ATA might be beneficiaries of the rest of 3 potential customers.. with that said VS is capturing 3 thematic advantages:
1) US-china trade war diversions, divestments of EMS capabilities out frm china to msia..
2) VS's new customer Victory is covid related beneficiaries for its disinfectant sprayers.. high tech itself and many malls/offices using too..
3) Stay-home or lockdown orders throughout the world has bring new demand and heavy usage for home appliances , in which VS strengths lies at...

Do your own homework

At the current EPS rm 0.06 x PE 30-40 = maybe RM 1.80 - RM 2.40 ???
at forward EPS rm 0.06 x 25% increase(new customers, more orders) in 2021-2022 x PE 30-40 = maybe RM 2.25 - RM 3.00 ?????

Do your own homework and see for yourselves..

Stock: [VS]: V.S INDUSTRY BHD

Jul 30, 2020 11:27 AM | Report Abuse

ahahah right @DAN84, think he also just bought in since looking at the px going steadily from RM 1.00++ until RM 1.40... 40% increase minimum if he got in way earlier.. RM 1mil entry wud hav gotten a merc C 300 AMG + one honda civic



This is my comment throwback in July.. looking back now it will translate to 140% gain means you can get your self a cool RM 1 mil house + merc C 300 AMG + honda civic :))))

Current manufacturing capacity fully taken up - means less cost and higher revenue per worker... :))

Management shared they are slowing down on talks with four other customers as they are expected to be fully occupied after the commencement of production for a new customer (Customer Y). - means can't accommodate new customers already with hands full production currently... :))

Capex of the group for FY21 is guided to be RM200 million, including the RM150 million allocated for Customer Y??? - means 75% of capex earmarked solely for the new customer means more future revenue... :))


https://www.theedgemarkets.com/article/hlib-research-raises-vs-industrys-earnings-forecasts-higher-capacity-expansion

https://www.theedgemarkets.com/article/vs-industry-acquire-six-tracts-land-johor-rm9877m

Means more sales for VICTORY disinfectant antiviral sprayers??? :)

Covid-19 survives 28 days on glass, currency, Australian researchers find

https://www.theedgemarkets.com/article/novel-coronavirus-survives-28-days-glass-currency-australian-researchers-find

prudentinvestor good call, sound advice given.. patience is key

sorry to say this but if you go to a photocopying shop to xerox 1 piece of paper, it'll be worth Rm 0.20 per piece of A4 sized paper... u need 5 units of AAX to be equal to a piece of xerox-ed paper.. imagine that guys and let it sink deep for a while

welcome back SuperPanda... been missing your bullishness

RM63.5 billion of debts.. how many lifetimes to earn that sum back? :(

you are right Pyh96... unfortunate and fortunate at the same time, awaiting the 5 more potential customers to be signup, runup of higher profit for next QR, makes it all almost difficult for it to be bought lower... additional positives plays incoming

yes spicyketchup never go in when majority is rushing in if you're a value investor.. unless you are a technical trader then different story

AirAsia expected to have another round of retrenchments — source

https://www.theedgemarkets.com/article/airasia-expected-have-another-round-retrenchments-%E2%80%94-source

not reli record, it was highest in Oct 2015 with rm74.9 mil PBT... but slightly higher only

Consider the points whether the current PE has priced in:
1. HLInv says 5 more prospective customers still in talks...
2. Further trade diversion from US-China trade war with Msia as one of the biggest bene...
3. Disposable income from travel expenses to be diverted to record sales of electronics i.e. game gadgets, household appliances, antibac/antiviral sprayers...
4. Record stock market earnings with more disposable incomes means more luxury product purchases?

Imagine and think gais... think creatively... never stop critical thinking not dreaming ok?

@loneranger is right, the fundamentals is still too far to catch up even at today's price.. still overpriced imho

Since the rally, UncleChuaHuat been missing in action and in VS forum.. Very Sad

@SuperPanda has been nice since beginning

i agree with kraken and GemenchehLawyer, profit reduced but still cash rich, still an interesting counter

yup agree with @SuperPanda, some technical pullback needed for it to push further new highs

at least @Investeye is honest haha

Volume hit sky roof...

very strong and very steady management.. thanks to all the hardworking directors

Yes @nakata, the price is pressed down artificially for directors' acquisition.. and kwaab dumped again too... but all in all is good that directors taking in more of own shares

Please don't rebuke UncleChuaHuat yet, yes although he's mainly a doomsayer/pessimist most of time, but I vividly rmbr once he did predict a mini bull run which sudden big volume came in...cut him some slack :)

@SuperPanda you're the man...

Institutional investors like kwaab always just trade and takes profit... ntg unusual abt them.. they need to show their bosses positive numbers in their trading desk that's all..

If directors collect at 1.50, how much higher wud u all think it can go? Any ideas?

Very Steady

If friday's closing at a stronger price than today's 1.60, only then can confirm some of the surrounding rumors currently..

12-Aug-2020 Insider DATUK BEH KIM LING (a substantial shareholder) acquired 600,000 shares on 12-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a substantial shareholder) acquired 400,000 shares on 12-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a substantial shareholder) acquired 1,100,000 shares on 11-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a substantial shareholder) acquired 900,000 shares on 11-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a company director) acquired 600,000 shares at 1.498 on 12-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a company director) acquired 400,000 shares at 1.478 on 12-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a company director) acquired 1,100,000 shares at 1.559 on 11-Aug-2020.
12-Aug-2020 Insider DATUK BEH KIM LING (a company director) acquired 900,000 shares at 1.562 on 11-Aug-2020.
12-Aug-2020 Insider MR BEH CHERN WEI (a company director) acquired 600,000 shares at 1.498 on 12-Aug-2020.
12-Aug-2020 Insider MR BEH CHERN WEI (a company director) acquired 900,000 shares at 1.562 on 11-Aug-2020.

Directors keep buying??????

kraken Everyone loves the quick pump, but don’t expect anyone to give you time and chance to sell at the very high first before taking the dump. Every man for himself, even the directors also got self interest what. So don’t be greedy and risk manage properly.
12/08/2020 12:22 PM

Yes you are right @kraken, must manage everything properly, highs of rally and even lows of selldown... fundamentals is surely present

one shud not get attached emotionally to stocks.. .if the directors do such, can treat it purely as trade play rather as a value gem one...

yes they disposed at higher px 0.295, but bought back at 0.26... so can see value ard there

you are right @_phoenix_ , within a day two news for utilization of cash though one is for asset acquisition lol

thanks SuperPanda.. directors buy-in could only mean one thing and one thing only $$$$

Dividend and bonus issue is a probable prospect looking at its entitlement history

as long as the QR report not out yet, still chance to gap up further as it is a cash rich company and with the current unfortunate viral climate

200 mil milestone passed... what a day

191 million traded another all time high... directors will be pleased to see this i reckon

the stock awareness is still low among others.. so x expect to limit up as others as limit up usually occurs in the morning session alone

120++ mil volume traded i reckon is the all time highest

estimated 25-28 aug QR report out, i repeat QR report out soon... stay tuned

today friday ppl might take profit and go away for weekend fun... monday can wait for solid show if got underlying strength

ARCBEETLE The only thing am sure of is the incoming quarter earnings report within 24-28th aug this month
04/08/2020 10:59 AM

Be prepared for the earnings play soon as what i mentioned earlier hang tight for end of month, still lots of time ahead to push further and launch higher

30 mil friend long time no see

today's volume is 3 times the daily avg of 3mil ... something is out there