If next QR report more than 6 mil revenue; then VIS deserves minimum of PE 15.

Then hopefully the additional income from from maintenance contract instead of solely niche equipment manufacturer. Bcos when they started selling; it was 2017. Hopefully it’s not 5 years warranty. Likely 3 years. Margin will drop within these 2 years before booming after 3rd year. 2020. About the time the warranty expires. Profit margin should improve to 25-33%. The current asset alone by that time will be about 75mil. Market cap cant be 75 mil.

When VIS declares dividend policy, the guy who did private placement even at 81sen cost will laugh to the bank.

Now until then, ppl like pang will come harass me asking bila TP 1. I will say with more confidence, after 2020 and if bubble didn’t burst and recession didn’t takes place. He will

That’s why i Malas wanna share anything.

Teach u a technique. Inventories current quarter - (Inventories last quarter + changes in inventories current quarter will be almost the equivalent of changes in inventories for last quarter.

So, comparison between Q4,18 and Q4,17, chances is about 1.2-1.7 mi. If you notice, that's within range of changes of inventories Q4, 18. What does that mean?

Experience investor will immediately. What can you tell?

Huat just buy in ar?

Very biased analysis. But it's good for short term punting.

VIS true potential will materialise in 2-3 years time. It's not for everyone. But, around the market. Nothing nice to buy also. Alot of discount. But so is the sector.

This is the reason why I think market is very inefficient. I think only less than 0.1% truly know a business inside out and buy and fair value. 10% buys at certain acceptable premium and the rest 90% just buy out of ignorance. That's coherent to my dad's all time advise. "Only 1 out of 10 investors make money in the market".

Changes in inventories. Compare it with Q4, 17. And keep whatever inference u made to yourself.

Too superficial Nicholas. U kept reading hindsight. Need to look for numbers that tell givens hint bout future

Got one more point that market hypersensitive about....dig further...it’s in cash flow statement

The north Asia story was highlighted a year ago. It seems VIS is gaining traction there.

Product that VIS carries is interesting. If it meets markets it will grow exponentially.

Go through the whole 3 financial statement. Compare latest Q4,18, Q3,18 and Q4,17.

Most only notice the increased profit. What they didn’t notice is....a lot more...

Jingle bell, jingle bell...jingle all the way!

Jingle bell jingle bell...jingle all the way...

Like it? Like it?

Don’t bother... just sing along!

u guys still didn’t noticed. Perhaps, intentionally.

See how’s the sentiment after new year.

A lot of analyst suggested cost averaging. I will say stay sideline.

last Oct correction...got alot of counters bcomes value buy...
Dunno which one to pick.

Anyway, i hv to apologise to PrimeInvestor. He is right about VIS dropping to single digit PE about QR.

So, can’t really tell wats the average. That’s on top of I held quite abit before bonus issue.

The average price in system doesn’t factor in the free shares I get.

Like that I mar hv one decimal place more in English lot?

My chinese lot got about 300, and warrant another 200. But I keep buying whenever capital frees up.

Alang2 make it 1000lot. Average down to 50sen. Then go up to Rm1. Huat arrrr.

Wait. Ur 1 lot is how many shares ar? One decimal place makes a lot of difference.

Still lose money la. I’m not a low life that pretends He buys low everytime. These doesn’t make him a winner. It only makes him a really sore loser.

Bought a big bunch at 32 last time. Bought a bunch and 69, 59, 54 and 44 later. Queue for 38, didn’t get it. Anyway, most of the time I say I buy, I really buy.

Why wanna know my average?

If new Q reports 800k profit. That’s translates to 3 triple digit growth. As Q1,18 report 400k profit nia. Lol!

Ermmm...I’m not sure how many noticed.

I think Prime did. And taking same position as I do.

Exceeded my expectation...my estimates too conservative.

Cumulative profit for the year exceeded 7mil. Next QR report should report triple digit YoY growth

Hopefully it’s not...

When u lose money in genting, u will say better lose in Armada.

Hindsight 20/20...

Well, life goes on. Keep walking. ~ Johnnie Walker.

P.S. I'm a Macallan dude.

his funder doesn't think so good about Armada and parked his 40mil else where.

Actually, InvestorKing pun pun pun, make 2 sen ciaoz already. Leslie is here because Leslie haven't made his 2sen. If Leslie made the 2sen, he also ciaoz already.

@khairul, yg bukan2 yg diminta sudah kembali. =D

Sincere_Analyst, which one is not rubbish counter?

P.S. Suspected pang72 dupe.

Who are these guy...I wonder...

How do anyone quantify market's ignorance and emotion? e.g. Fair Value after DCF should be RM1.00. Market stupid optimist, RM1.50. Market stupid pessimist, RM0.50. Market stupid and super pessimist, RM0.25.

the best u can do is aim for resilient business and will be in the green regardless of economic climate. The price depends on market stupid optimist or stupid pessimist. If market isn't stupid, they should strictly for fair value based on DCF.

Rowie, honesty can't prevail in a zero sum game. Period.

I have 227K in mothershare and 355k in warrant. Only reason I buy is really blood on the street.

If it drop to 10sen, I will buy more and make it 750K shares. The reason will be because more blood on the street.

There are few things that u can bet on and win most of the time. Human's greed, their desire to survive, and superficial needs. Which the whole economy founded upon that.

Another jab to pearlwhite, why do u care who Leon Harland bangs and how does it concerns you?
The rest here are invested. It makes sense for the cock song they sing. But yours isn't clear. I hv a list of 100 counters I studied. Alot of them isn't gonna make it. But you don't see me going there and make ACCUSATION that the CFO slept with who or books they cook. You have made alot of those here. Why?

P.S. Hibiscus cooked the book. But for good reason.

Vincent. That's a poor assumption. If you assume market knows everything. Then where is the opportunity? No one buys high and no one sells low. Everyone trade at it's fair value.

The market will grind to standstill. So, the opportunity lies at market being emotional and ignorant.

P.S. I'm not saying i know all. I could be both ignorant one who bought high and low. I bought both at 34sen and also 69sen. What i'm saying is, the market filled with people like myself. Both ignorant and emotional. There is no explanation for a selldown.

Market really no common sense one. Comparing VIS with JFTech...VIS has higher revenue, better margin, strong QoQ n YoY Growth and higher NTA trading at 75Mil market cap. JFTech with poorer revenue, poorer everything. Trading at 175mil market cap.

Apa logic? Answer is, market has no logic. They buy and sell sesuka hati. The logic is the more u try to say VIS is good. Market become skeptical and sell. This is called backfire effect. When u try to say something is good, the normal stupid human response is "Really, or not?". You show them data, they say u try to hard sell to con them.

I think I better join Pang everyday TP20 sen better. Maybe the market may think it's not that bad and start to buy. =D

Think logically, a good way to exit is to slowly sell bits by bits at high. Suddenly, dumped 5-10mil shares a day is gonna cause a selldown. His 5-10mil shares won't fetch good price. But it's useful to buy and sell 5-10mil shares himself and collect another 5-10 mil in between.

Now, I wonder with additional shares he has, is he gonna go another round of selldown?
Two possibility now given low market activity. 1) he has collected enough and waiting for a good time to push it back up and sell. 2) he is short of ammo to create a selldown.

I agree with prime, someone has been beating the price up. Unfounded selldown at many level.

well, if u believe in VIS prospect. buy and keep. You won't know when is this fella gonna push it back up. Reason, there is no point left hand pass right hand in selldown to collect more and not push it back up later.

dunno how long this new auditor gonna take to come up with the report.

Flywheel, nope! talk shit sing song...but he did say it will come down

General market sentiment is bad. Not easy.

All large corporation go through these cycle...Begins with feel people that brings most value for money, grew to a size and then, idiots and monkeys jumps on board and sinks the ship.

Same cycle again and again.

market cap is only left 900Million, we can gang up to own 51% and get these stupid management team fired.

Panda, look at US debts. And if US enters recession...Who will be affected....

This could just be the beginning...I mean, u should cap ur portfolio in stock to 50%....

If indeed market enters recession, u still have 50% balance and there will be no short of undervalue counter to choose from.

Eh khairul, Jgn minta bukan2...

If RM1 drop to 15sen still say risky. Then, tell me what’s not risky?

So, after Armada cleans its balance sheet and trade at RM1 only not risky right? Good for u.

I kinda agree with Ray Dalio on the fact stock investment is meant for the professionals. The definition of risk of retailers is very different.

Circa PE12, not single digit

Nic, trade war must come to a truce. Looming US debts might lead to recession or depression if there is no increase of productivity.Need to give Americans space to improve their productivity.

Their debts have surpassed their productivity. In 2008 recession, DJIA drops to 6000pts. Now, trading at 26000 pts. Do you think American has amassed 4 times more productivity and wealth over period of 10 years? or DJIA is driven by debts?

For Malaysia's case, definitely driven by debts. U can check from both household debts and gov debts. The real productive sectors are exports. From RM 50 billion a quarter to RM 80 billion a quarter. Hopefully, VIS contributes abit to it.

First person to fire are those who failed to justify their salary and proved to be liability.

HINT: See the nails. Those polished nails can go liao. In OnG services sector, money is made offshore. Those onshore one can keep to the minimum.

Panda, cut production favours Hibiscus.

According to the news, cost per barrel for anasuria from USD 15.9 - 16.4, North sabah USD 8 - 11.5 from previous 2 quarters.

Worse case for hibiscus is 6 sen a quarter as long price per barrel above USD. By the time next quarter hit another 6 sen, annualised earning of 22-24 sen, hibiscus is gonna pop on many radar with 4 profitable quarters at PE 4-5.

If market sentiment return bullish, PE12-15 should be a problem. Deeply undervalue with a bunch of punters and traders

I’m gonna repeat what a very wise investor always says...”the time to buy is when there's blood in the streets."-Rothschild

Part 2 to that statement is “ In order to be successful in the markets or be successful as an entrepreneur, one has to be an independent thinker who bets against the consensus and is right because the consensus is built into the price.”-Ray Dalio.

Nic, what makes u think I give damm about idiot parroting what’s written in the balance sheet? That’s the blardy consensus a monkey also can make. If they can fix the problem, only way to go is UP. Now, let’s find out if they can and what they will do to make it happen. That’s what market doesn’t know, and idiots definitely wouldn’t bother to know.

My bad guys...It's just announcement that major share holders announcing they got more shares from bonus issue....

Yeah...I wanna know which idiot also...=D

To make RM5 mil from RM0.005 per share, u will need 1 bilion shares. Its either u make 10 correct bets of 100mil share.

If daily volume averages 100 million share, u will need 10days.

Let's hv intellectual and financial discourse. Go on with this format.

Revenue Growth - 2016 (27.46Mil), 2017( 31.97 Mil), 2018(3 Quarters - 27.82 Mil)

2016 (4.2100 + 3.4400 + 8.0700 + 11.7400 = RM 27.46)
2017 (6.0500 + 8.7600 + 7.4900 + 9.6700 = RM 31.97)
2018 (7.1300 + 9.6600 + 11.0300 + estimate 9-12 mil = RM 35mil)

PAT
2016 (0.2400 0.0700 1.9700 2.1400 = RM 4.4200) margin: 16%
2017 (1.1200 1.7500 1.3400 2.4300 = RM 6.6400) margin: 20.75%
2018 (0.4200 1.9900 2.7400 Estimated 2.5 -3 mil = RM7-7.5mil) margin: 20%

Total Equity
2016 (RM 23.7200)
2017 (RM31.7800)
2018 (As of last Quarter - RM 36.83, should be circa 38-40mil by Q4)

In most tech counters, the market cap is Trading’s 3-4x it’s equity with positive earning for few consecutive quarters. This one only 2x.

What you like, what you don't like and stuff.