Buy on rumours sell on news.. is normal. After bonus issue it will be dangerous if earning cannot sustain the pe. Then will lao Sai like shit.. look at karex, might be same pattern. Up before bonus issue, after bonus issue. Drop like mother not recognize. Total share increased is not good actually. Easily drop.
it will down towards CNY for sure but support will be above MA50 days 1.36 for son, 3.04 for mother.
KWAP has bought a lot from short holder leaving long holder on board thus will not much selling below support. even if have, easily sapu by others or big guy.
of course to break another new high, all low must be bought first only left high, then only can move to another new high, this is how MA chart tells u.
I'm just a regular investor and just wanna hold a counter for a long time. now vs is turning into a very risky investment. I'm not sure I'll want to hold it
Dont be so sensitive about the price and panic selling! look at the fundamental and future prospect of company!Company are giving bonus issue someore! why need to sell? Big shark are collecting bottom again!!
Nothing can do now. Just hold tight. If down again, average down. Sifus, do u think VS is a good long term stock with divedend 1.71% ? If want to invest for long term, which counter recommend ?
guys, if you already own the stock, just hold coz of the great potential the stock has; if you need to take some money off the table, sell on strength and then buy back on weakness. Don't concern yourself with the price fluctuations unless you want to do short term trades.
@yc123, vs is buy and hold for long term fy18/19 but wa will expire jan19.
there many others. put extra effort to do research and compare
always compare capital invest vs growth prospect. the same rm10k can buy 50 cents, rm1, rm1.50 and rm2 stocks but which one give better return? should analyze. rmmbr dont keep changing stock but do review at interval.
these are stock i bought early 2017 but sold only for <20% profit and regret. look at their price now. - uchitec bought below 1.9 - inari below 2.05 - serbadk below 1.95 - penta below 3.7 before bonus 1:1 and split - hy below 6.00 - masteel below 1.2 and before bonus 1:5
Thank you. SuperPanda, will study more on growth prospect. As you mentioned RM10k capital can buy RM0.5,RM1.00 and etc...
As price of VS now around RM3, it is too heavy for me to hold long term. I need to get some stock below RM1 or RM2, more space to growth n can have more quantity.
VS Industry Bhd (Jan 26, RM3.08) Maintain buy with a higher fair value (FV) of RM3.23: We reiterate our “buy” recommendation on VS Industry Bhd (VSI) with a higher FV of RM3.32 per share (from RM3.30) after rolling forward our earnings base to financial year (FY19) from calendar year 2018. Our FV is pegged at an FY19 price-earnings ratio of 16 times.
VSI has proposed a one-for-four bonus issue of up to 397.6 million new shares. Assuming full conversion of outstanding share options, our target price will be rationalised to RM2.67 per share. We view the development positively as it could improve trading liquidity and the affordability of VSI shares.
We have trimmed our earnings forecasts by 10% to 17% for FY18 to FY20 on account of: lower-than-expected orders from Keurig and Zodiac; a rescheduling of the production of a product from October 2017 to May 2018; and a revision of our US dollar to ringgit assumption to 3.95 from 4.30. VSI’s prospects remain bright. The group has recently purchased two new factories in Johor. We understand that the new factories can house substantially more assembly lines, placing the group in a good position to bid for additional jobs in the future.
VSI plans to replace 30% of its manufacturing processes in Malaysia with automation. The group is installing more than 20 units of robotic equipment that facilitate the plastic injection and spraying processes. Management has indicated that one unit is expected to save two to three workers, who are being paid about RM3,000 per month. Assuming a 10% depreciation rate, we estimate that 25 units of the equipment can bring about net savings of up to RM2.5 million per year. We expect earnings to go into full swing in the second half of FY18, as the group captures contributions from additional assembly lines that came on stream in October and November 2017. Operations in China are set to return to the black in the next quarter as production of air purifiers and air conditional components pick up.
We continue to like VSI due to its association with a key customer, who plans a slate of new product launches over the next few years; its ability to offer turnkey electronic manufacturing service solutions as a vertically integrated player; and its handsome growth prospects for FY18 to FY20, underpinned by sustainable capacity expansion. — AmInvestment Bank, Jan 26
Noted. SuperPanda. Among the stock u mentioned, I did hold Krono with small quantity. But still suffer loss. Which is my price above 0.90. Maybe will average down futher.
majority of export counter down today, but VS already lock the price with customer X in Ringgit Malaysia, so depreciation of USD has NO IMPACT toward VS
Rookie in stock have a question here, what kind of effect would bring to VS-WA share price after bonus issue as the new warrant release into the market while the expiration date is only few months left?
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....
Lappier811
183 posts
Posted by Lappier811 > 2018-01-26 20:52 | Report Abuse
是金子总会发光。。