Posted by peterchu > 2018-07-15 10:14 | Report Abuse

really cash free? debt around 600million

Posted by chuatuanboo > 2018-07-15 11:27 | Report Abuse

PE 19 is too high. Also VS is not a semiconductor company.

Posted by traderman > 2018-07-15 11:42 | Report Abuse

A below par analysis

Posted by VenFx > 2018-07-15 12:29 | Report Abuse

Author's ratio analysis made sense to me...
Just to add a bit, sensitivity of Vsi p.e. likely to be x 15 from its high from > 25 previously.

The key is to wait for Vsi 4Q18.
If 4Q result stabilise and manage to see improving from the short term threat ...
Then, one should appy a x 18 peg for Vsi.

If 4Q18 get worsen, i would happily to wait at $1.20
Thats the golden time ever to pick Vsi.

Good job, for Author dare to see the difference during everyone look down on Vsi.
Opportunity always there, only matter is what is the plan for entry.

Posted by VenFx > 2018-07-15 12:44 | Report Abuse

Ah ! 1 more thread author forgot to mentioned,
Which i think is giod to pay attention to is the mikro components suppy tension (due to globally overwhelm demands) that lead to Vsi's recently weak qtr results. Sector analysis expected the matter to be resolved by 2H2018... let see.

Posted by Larrytrader > 2018-07-16 07:47 | Report Abuse

VITROX is better