As usual, Bro Pang and team will hide away when things turning bad and suddenly appearing if shares shoot up and claiming this is due to his correct decision of scooping low… We r waiting for your explanation, Bro Pang…
I seriously fed up with people trying to tie up Nvidia with Vitrox. In Vitrox Annual report year 2022, page 43. Vitrox has mentioned that "We develop an industrial gateway based on the Nvidia graphics processing unit (“GPU”) platform with embedded AI features to empower predictive maintenance for manufacturing industries". This is a known fact that Vitrox is using Nvidia GPU in their machine since year 2022. So, what do you expect MBB report to highlight for? Am Bank has made a call since last year that Vitrox faced stiff competition in China mainland. You can refer to Am Bank analyst report on 29/4/24. The only corporation in Malaysia that work hand in hand with Nvidia is YTL Power. Am Bank Report https://klse.i3investor.com/web/staticfile/view/538466
Perhaps Bro Pang and team could explain why are they so optimistic about Vitrox, so much so that they could buy Vitrox at a price beyond 5.50?! Seriously, I don’t understand. Do you know that this major correction has inflicted lots of sufferings. Hope Bro Pang and team could do self reflection on this.
Those who said vitrox is struggling to get into china market has no idea what they are talking about. Just read the annual report and do the math to see how much revenue they got from china in last 3 years.
That research report is misleading. Vitrox is actually doing quite well in china but struggling to in malaysia.
MBB report is purely mentioning some structure change in demand from China which may post challenge to their biz. That is their view. The challenges are everywhere in doin biz. Who know letter what will happen ? Nvidia association, Jenson will simply post others name in their presentation ? ha..ha..
Vitrox is actually a blue chip tech stock. Those analyst who downgrade it to below RM3.50 are either want buy it cheap or their analysis should be downgraded to sub standard.
Thanks Rose001 for sharing the Youtube. The analyst in the clip had repeatedly mention the management is looking into high value growth, with strong balance sheet and cash flow of Vitrox. It seems hints something is brewing..
Quarter results will be out by this month end. Traditionally Q2 results will be much better than Q1 by looking at the past trends. Strong support level at RM3.98. I am prepared to buy in my 1st tranche coming week.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
James_Bond
3,249 posts
Posted by James_Bond > 2 weeks ago | Report Abuse
Agreed with shareinvestment. Serve you right for chasing high and worse still, dragging all innocent ppl into this penthouse condominium.