Stay strong fellow investors in this turbulent times in the Middle East.

LBS might be smaller compared to its other peers such as SP Setia & OSK, but they are nonetheless still a formidable and well managed company with good P&L, Bal. Sheet & Cash Flow.

At the moment, LBS share value is considered undervalued. Its fair value is estimated to be around RM 1.20-1.50. So it is a good opportunity now to buy up as much as possible, at its lowest point.

LBS is considered an underdog among its peers with very promising future if it can pull off the Waterfront Project @ Melaka,

https://www.edgeprop.my/content/1909056/lbs-bina-unveils-bsp-sutera-bandar-saujana-putra

This stock is for mid-long term, investment.

Steady steady "pom pi pi", growing.

Yes the company business is mainly distribution, and not manufacturer of any electronic devices.

They are a global distributor, with strong presence in Asean region.

At the end of day, Companies like APPLE, SAMSUNG, HUAWEI, NVIDIA, & other big shot names still have to rely on industry player such as VSTECS to move their products to oversea countries. Without distributor like VSTECS, do you think those big electronic manufacturer can be what they are today? I don't think so.

So I have faith that with steady performance, and good management, this company will be something big one day that will make a lot of investors rich.

Based on latest valuation, VSTECS share price is significantly undervalued.

Fair Value should be RM 31.88