Posted by Adam92Rosli > 3 weeks ago | Report Abuse

Electronics manufacturing services provider VS Industry Bhd is in a favourable position to rake in stronger earnings in the fourth quarter (4Q24) and into financial year 2025 (FY25)

https://www.thestar.com.my/business/business-news/2024/09/11/vs-industry-poised-for-better-earnings-in-4q24-fy25

Posted by star899 > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/727827
VS quarter results at 31-07-2024 is very encouraged.

Posted by minichart > 1 week ago | Report Abuse

VS Industry reported strong results for FY24, with core net profit surpassing expectations, exceeding both UOB Kay Hian’s and consensus forecasts by 20% and 21%, respectively.

https://www.minichart.com.sg/2024/09/24/vs-industry-strong-fy24-performance-with-trade-diversion-opportunities-driving-growth/


Thank you

Posted by INVEST_AA > 1 week ago | Report Abuse

Sept 24): VS Industry Bhd fourth quarter net profit surged 107% from the year before, due to a one-off gain of RM46.7 million arising from the partial disposal of its equity interest in a subsidiary and increased orders and a better product mix that helped improve utilisation rate.

Net profit for the three months ended July 31, 2024 (4QFY2024), rose to RM126.66 million from RM60.96 million in 4QFY2023, as revenue rose 5.6% to RM1.21 billion from RM1.15 million. Earnings per share rose to 3.28 sen from 1.58 sen, its bourse filing showed.

Adjusting for the one-off non-cash item, the group's 4QFY2024 net profit would be RM80 million, up 31% from RM61 million a year ago.

The group is expecting its positive earnings growth momentum to continue into FY2025 as sales orders from its key customers continue to pick up in tandem with improved consumer sentiments and new model launches, managing director Datuk SY Gan said in a statement.

The group’s newly incorporated Philippines subsidiary has secured new orders with an aggregate value of about RM1.5 billion for the next two years, of which 300 million is expected to be realised in FY2025 and RM1.2 billion in FY2026, Gan said, based on anticipated sales volume and pricing.

The group declared a fourth interim dividend of 0.6 sen per share to be paid on Oct 26. It also proposed a final dividend of 0.6 sen per share to be paid on a date to be fixed once shareholders approve it.

https://theedgemalaysia.com/node/727827

Posted by INVEST_AA > 1 week ago | Report Abuse

Good to collect… bright outlook and stand to gain from China US friction

Posted by yewnamhung > 1 week ago | Report Abuse

Target Price: RM1.42~~ Hard to push up !!!

Posted by mf > 1 week ago | Report Abuse

2024-09-24

Insider

KUMPULAN WANG PERSARAAAN (a substantial shareholder) disposed 600,000 shares on 23-Sep-2024.

Posted by yewnamhung > 1 week ago | Report Abuse

Banyak kacau !!! Good QR also no points.

Posted by OTB > 1 week ago | Report Abuse

EPF is selling like no tomorrow.
Very sad indeed.
Solid earning, EPF does not care.
Good luck soon.
Thank you.

Posted by INVEST_AA > 1 week ago | Report Abuse

Taking some profit is normal…

Posted by INVEST_AA > 1 week ago | Report Abuse

Dont be affected by someone who wants to create negative sentiment

Posted by INVEST_AA > 1 week ago | Report Abuse

Possible some ppl wants to collect low…

Posted by mizieXX > 1 week ago | Report Abuse

Epf share so foreign investors can buy

Posted by Stocker > 1 week ago | Report Abuse

Later close high

Posted by jupiter88 > 1 week ago | Report Abuse

Agreed with you invest AA

Posted by Joscylyn > 1 week ago | Report Abuse

Datuk bought back the shares yesterday. It's a signal 😀

Posted by yewnamhung > 1 week ago | Report Abuse

New TP : RM1.68 - CIMB
Affin Hwang Investment - (Buy / maintain)

Posted by CharlesT > 1 week ago | Report Abuse

VS-WD a good proxy for leverage play

Posted by pang72 > 1 week ago | Report Abuse

Another tech stock kaput

Posted by INVEST_AA > 1 week ago | Report Abuse

This is Not tech stock…
My goodness…

Maybank maintained its 'buy' call on VS Industry, with a target price (TP) of RM1.28 .

While HLIB also reiterated its 'buy' call on VS Industry, with an unchanged TP of RM1.42.

Posted by INVEST_AA > 1 week ago | Report Abuse

Despite the recent movements in the ringgit, RHB Research said the company is anticipated to record a financial year 2025 (FY25) earnings growth of 37%.

This is expected to be driven by the normalisation of a major customer’s orders, the contribution of a new customer with approximately RM300mil of new orders expected and also a turnaround of its China subsidiary post-restructuring.

Also, the company’s establishment of its Philippines operations should commence early next year although the research house only expects positive earnings contribution from this area in FY26.

“The explosive three-year earnings compounded annual growth rate of 30% will be anchored by the expansion into the Philippines for significant market share gain, whilst the development of new capabilities will broaden the supply chain network to enhance the company’s profitability.

Posted by pang72 > 1 week ago | Report Abuse

So, VS is selling glove, I guess if not tech stock

Posted by Scottyvc98 > 1 week ago | Report Abuse

Pang72 you 52 year old man same age like my mum but you talk like soxaii

Posted by pang72 > 1 week ago | Report Abuse

Scottyvc98

Pang72 you 52 year old man same age like my mum but you talk like soxaii

10 minutes ago

YOUR BACKSIDE KENA BURN OR YOUR PERIOD COMING..
WHY YOU TALK LIKE SOXXXHAI... JUGA!

Posted by pang72 > 1 week ago | Report Abuse

VS falls below 80c then you will be more polite in talking?

Posted by pang72 > 1 week ago | Report Abuse

Then, please wait for it to come... It is coming anywhere

Posted by Scottyvc98 > 1 week ago | Report Abuse

People like you pang only bark ok social media . Your life Must be miserable. Kaput here and there and complain hahahaha . Pity you

Posted by Scottyvc98 > 1 week ago | Report Abuse

sorry typo pang is “ on “ . Have a nice day with your family

Posted by pang72 > 1 week ago | Report Abuse

My life is Obsolutely good..
Kaput is fact. People losing money in VS will hv much miserable life than me, I believe

Posted by pang72 > 1 week ago | Report Abuse

No need pity me.
You takes care of your VS at 80c...
I don't own such lousy stock..
I can sleep well, eat well and pop well

Posted by OTB > 1 week ago | Report Abuse

Posted by OTB > 2 days ago | Report Abuse

EPF is selling like no tomorrow.
Very sad indeed.
Solid earning, EPF does not care.
Good luck soon.
Thank you.
---------------------------
Posted by INVEST_AA > 2 days ago | Report Abuse
Dont be affected by someone who wants to create negative sentiment
-------------------------
Posted by INVEST_AA > 2 days ago | Report Abuse
Possible some ppl wants to collect low…
----------------------------
Posted by INVEST_AA > 2 hours ago | Report Abuse

OTB just brush away the fact that the collaboration between ytl and Nvidia maybe CALLED OFF… Lol…

Does Nvidia want to collaborate with party that is under investigation for corruption? Likely No…

There are tonnes of parties who can collaborate with Nvidia besides Ytl….

Don’t be surprise when Nvidia call OFF the data centre collaboration with YTL…

That time the share price will tank like no tomorrow…

So better cut now than be sorry later on…

Probably those supporting with info like OTB is already dumping…
GOOD LUCK
---------------------------
YTLPower and Vs are the stocks that I strongly recommended to buy in 2024.
Because of my earlier posting, INVEST_AA mistaken and attacked me on YTLPower.
I did not sell VS and I did not sell YTLPower.
Both are my favourite stocks.

Good luck.
Thank you.

Posted by pang72 > 6 days ago | Report Abuse

Scottyvc98

Pang72 you 52 year old man same age like my mum but you talk like soxaii

2 days ago

I HOPE YOUR BACKSIDE DIDN'T PAIN LIKE HOT CHILLI

Posted by Scottyvc98 > 5 days ago | Report Abuse

Hahahaha pang72 52 year old man like a kid . Pity your life . Must be a mess . Btw I miss your wife haha

Posted by pang72 > 5 days ago | Report Abuse

By the way, I miss your red hot chilli ass..... And, I am gays for your information

Posted by pang72 > 5 days ago | Report Abuse

Vs99c drop 5c
Vs-w 18.5c drop 1.5c

Yummy hot chilli

Posted by pang72 > 5 days ago | Report Abuse

My life is miserable
My life is sucxxx
But, when I saw red hot chilli Scott asssss.... I felt excited

Posted by fortunefire > 5 days ago | Report Abuse

how come vs laosai despite good qr?

Posted by pang72 > 5 days ago | Report Abuse

Low 96c...

90c is next destination

Posted by 8u29song > 5 days ago | Report Abuse

I say, no check just now.....Epf starts to acquire.....

Posted by 8u29song > 5 days ago | Report Abuse

I notices a few accs alwasy go here and there blow shi-iits ....

Posted by pang72 > 4 days ago | Report Abuse

Cut lose at 96c
Up till 1.02..

Pain in the asssss

Posted by Scottyvc98 > 4 days ago | Report Abuse

Hahahahah funny 🤣

Posted by pang72 > 4 days ago | Report Abuse

My life is miserable mah..
So good but not funny:)

Posted by Adam92Rosli > 4 days ago | Report Abuse

V shape pattern slowly appears

Posted by SuperA > 4 days ago | Report Abuse

Dyson dah nak tutup Singapore office, sales tak bagus. "Dyson conducted a round of layoffs in Singapore on Tuesday (Oct 1) in a “surprise” move that has left employees here feeling shocked and in a state of “low morale”.

This comes about three months after the technology firm said Singapore, which serves as its global head office, was “not directly impacted” by a global restructuring that involved about 1,000 job cuts in Britain."

Posted by pang72 > 4 days ago | Report Abuse

97c which is 1c higher than my cut lose price yesterday!!
Today is really funny:)

Posted by pang72 > 3 days ago | Report Abuse

97.5c closing
What a miserable day.

Posted by 8u29song > 3 days ago | Report Abuse

Wednesday, 2 Oct 2024
5:16PM
VS EMPLOYEES PROVIDENT FUND BOARD (7,216,900 units Acquired)
Tuesday, 1 Oct 2024
5:06PM
VS EMPLOYEES PROVIDENT FUND BOARD (1,216,700 units Acquired)
Monday, 30 Sep 2024
5:08PM
VS EMPLOYEES PROVIDENT FUND BOARD (7,519,600 units Acquired)

Posted by 8u29song > 3 days ago | Report Abuse

25 - 27/9 transactions

Posted by pang72 > 3 days ago | Report Abuse

96.5c lowest today.
Is my life miserable?
Not yet....
Wait for better price!