Posted by VenFx > 2018-06-28 18:57 | Report Abuse

Beter safe than sorry...
0.270 was an good exit point.

Check again the new low at 0.130 in 10 trading days.

Posted by peterchu > 2018-06-28 19:07 | Report Abuse

factor in lar. tomorrow will gap down and then strong rebound

Posted by rooney8 > 2018-06-28 19:09 | Report Abuse

It is better dont hold the wa d. It is expiring in 6 months. It is only worth 10 cents now.

Posted by peterchu > 2018-06-28 19:09 | Report Abuse

Stock: [VS]: V.S INDUSTRY BHD

Jun 28, 2018 06:50 PM | Report Abuse

gonna follow superlon soon
---------------------
sohem detected

Posted by Risk Trader > 2018-06-28 19:17 | Report Abuse

Don't worry for those bought today... interim dividen 0.5 cent per share will be pay for those hold or buy this share until ex date on 12th Jul 2018. Dividen will be pay on 31st Jul.

Posted by necro > 2018-06-28 19:25 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6963


V.S. Industry Berhad
(Company No. 88160-P)
(Incorporated in Malaysia)



14. Review of performance (cont’d)
The lower profit before tax over the same period was largely owing to significant
reduction in earnings contribution from the US customer following the planned cessation
of production for certain models that had reached end of product lifecycle, as explained
earlier in our preceding quarter’s results under the “Current Year Prospects” section.
Meanwhile, other factors such as operational efficiency for the box-built assembly lines
that has yet to achieve desired level, set-up and testing costs associated with an upcoming
new production line and higher labour costs affected the gross profit margin.
For the cumulative quarters, Malaysia segment recorded lower profit before tax despite
higher sales orders from key customers, largely owing to similar reasons mentioned
above.
Indonesia segment
Indonesia segment recorded higher revenue for the current quarter and cumulative
quarters mainly due to change from consignment basis to turnkey manufacturing for an
existing customer. The loss before tax incurred for the quarter under review was attributed
to underutilisation of production capacity.
China segment
China segment recorded lower revenue for the current quarter as a result of lower sales
orders completed. Consequently, lower profit was recorded in line with the decline in
revenue.
For the cumulative quarters, China segment registered lower profit before tax on the back
of lower sales, increase in raw material costs and labour costs, and coupled with
competitive operating environment which reduced the ability to pass-through costs to
customers.

Posted by 5858 > 2018-06-28 19:27 | Report Abuse

I alert many times ready profit drop

Posted by necro > 2018-06-28 19:30 | Report Abuse

15. Variation of results against preceding quarter


For the current quarter under review, the Group recorded a lower profit before tax of
RM28.4 million as compared to RM68.5 million in the preceding quarter mainly due to
lower revenue of RM879.8 million, a decrease of RM233.5 million or 21.0% as compared
to the immediate preceding quarter. Key factor behind the reduction in revenue and profit
was the drop in sales orders from a US customer following the planned discontinuation
of certain products that had reached its end of product lifecycle.

Posted by necro > 2018-06-28 19:30 | Report Abuse

16. Current year prospects




Malaysia segment expects the box-built orders from key customers to sustain for the
current financial year. Much efforts are being put in place to increase the overall
operational efficiency and the results would be gradually discernible in the coming
quarters. Additionally, the Group has since commenced production of new replacement
model for the US customer and this would contribute from next quarter onwards.
Prospects of the Group remain positive underpinned by factors mentioned above.
Nevertheless, the Group is also cognizant of the challenges at the macro-environment
level, which include fluctuations in USD/RM foreign exchange rate and changes in
regulations which may impact operating costs.
Notwithstanding the challenging environment, with prudent management, coupled with
continued strong support from existing as well as newly acquired customers, the Board
is optimistic that the Group will perform satisfactorily for the current financial year.

Posted by necro > 2018-06-28 19:39 | Report Abuse

operating cash flow drop kaw kaw for full year 2017 that is why investor cabut already although revenue hit RM1B/ quarter for 2017...
let see if US customer new model (new life cycle) can contribute positively next FY2018

Posted by Bigriver > 2018-06-28 19:46 | Report Abuse

Risk trade so tomolo sold still get the deviden 0.5cen?

Posted by peterchu > 2018-06-28 19:48 | Report Abuse

5858 I alert many times ready profit drop
--------------------
so need give you 1 award or not ?

Posted by Bigriver > 2018-06-28 19:54 | Report Abuse

Son also get the deviden?

Posted by SuperPanda > 2018-06-28 20:07 | Report Abuse

This Q3 rpt is for feb-april and next rpt Q4 for may-jul. from this time to next rpt wont have much good news so will be goreng only.

And when next rpt out, it wont be superb too bcoz prod still low. So you need to wait another qtr in Q1 to see the improvement.

Good luck

Posted by Talent > 2018-06-28 20:09 | Report Abuse

@SuperPanda sinkalan, what's the next drop price

Posted by bennyloke > 2018-06-28 20:09 | Report Abuse

Yes, things still ongoing and production still low but doesn't look like Q4 will be worse than Q3.

Posted by trulyinvest > 2018-06-28 20:18 | Report Abuse

Gap down

Posted by newbie911 > 2018-06-28 20:19 | Report Abuse

Limit down to Rm1.2 tomorrow?

Posted by Risk Trader > 2018-06-28 20:31 | Report Abuse

I don't think tomorrow will gap down....bcos before mkt close someone already buy 1 mil share at rm1.43 for new bullet to goreng again tomorrow.

Posted by Risk Trader > 2018-06-28 20:34 | Report Abuse

Those sale the stock holding before or on ex date are not entitle for interim dividen

Posted by ZoneFD > 2018-06-28 20:35 | Report Abuse

Do not be so sad who still holding... Cut lost n move on...

Posted by shpg22 > 2018-06-28 20:39 | Report Abuse

Tomolo will be up or little change

Posted by apolloang > 2018-06-28 20:44 | Report Abuse

will down tomoro,cos at 1.42 the price is too high after split,bonus and free warrants a couple of years ago

Posted by ray1980 > 2018-06-28 20:48 | Report Abuse

Very bad qr, tomorrow q sell all.

Posted by pang72 > 2018-06-28 20:51 | Report Abuse

The pengoreng is truely smart today.
Goreng high high to unload everything to retailers.

Posted by lizi > 2018-06-28 20:54 | Report Abuse

See what I said earlier, proven again. drastic movement on 13/06 show someone lari kuat kuat before result.

lizi malaysia punya stock is very shitty one....most of the time move ahead of news come out....
13/06/2018 15:15

Posted by winwin2288 > 2018-06-28 20:57 | Report Abuse

Things always not that bad. See how hahaha. Those who are not holding comment badly to make you down and sell.

Posted by Kc54 > 2018-06-28 21:03 | Report Abuse

Dust cleared. Should be better onwards.

Posted by winwin2288 > 2018-06-28 21:07 | Report Abuse

No need to mention sell down many times. We know already, maybe we can make money from it again

Posted by SpicyMcDeluxe > 2018-06-28 21:12 | Report Abuse

Won’t sell down tomoro don’t worry

Posted by winwin2288 > 2018-06-28 21:14 | Report Abuse

Sell down due to qr result is very normal.remember don't put the price too low ya.

Posted by apolloang > 2018-06-28 21:15 | Report Abuse

don't deny what is bad is bad

Posted by traderman > 2018-06-28 21:26 | Report Abuse

Result is not bad and expected. 1.6 tomorrow

Posted by apolloang > 2018-06-28 21:35 | Report Abuse

as today sell down towards the closing and those who chase will be panic tomoro after the result is release

Posted by miker > 2018-06-28 21:36 | Report Abuse

Bad result, effect of us vs china still pending, after july we can see real effect. Pushed high, don't be trapped. Pushed high for somebody to get out

Posted by Pangpang > 2018-06-28 21:41 | Report Abuse

When everybody assume it in drop trend..normally it wont. When you think it will be in uptrend, it normally downtrend. So i hope everyone just keep curse it is downtrend tmr and some miracle happen. U know..this market is very irrational.hahahhaa

Posted by Bigriver > 2018-06-28 22:21 | Report Abuse

Good night tomolo will be better

Posted by Risk Trader > 2018-06-28 22:46 | Report Abuse

Retailer can't control the mkt price, director and the gang only know what to do tomorrow. Let we see the game tomorrow.

Posted by Skykiller > 2018-06-28 23:07 | Report Abuse

will collect if gap down.

Posted by Poisonivy > 2018-06-28 23:07 | Report Abuse

Dun lie to yourself next qtr be worst.. bad situation... Over investment and overgauge profit margin for incoming project need time to fine tune... No fund manager like use huge sum of money to earn peanuts... Anytime it problem arises time bomb... It be punished

Posted by SuperPanda > 2018-06-28 23:11 | Report Abuse

@Talent, when to estimate current price based on latest result should look for projected future value.

FY18 earnings as below:
Q1=45m
Q2=45m
Q3=21m
Q4=30m (assume slight better than Q3)

FY18 EPS = 141m/1.683b
= 8.3c

Projected mother vs son price (premium 0%):-
PE13 = 1.07 @ -0.25
PE14 = 1.16 @ -0.16
PE15 = 1.25 @ -0.07
PE16 = 1.33 @ 0.01
PE17 = 1.41 @ 0.09
PE18 = 1.49 @ 0.17
PE19 = 1.58 @ 0.26
PE20 = 1.66 @ 0.34

Tomorrow sell down will be depends 2 things:
1. Current Fair Value
Since market is weak, most stock now value at pe15 and below. If we take pe15, mother can drop to 1.25 level.

2. Share Buy Back / Mgmt / Fund Support
VS approved share buy back, if mgmt decide to buy back or get support from fund, we might see market will stay above pe16 price.

Stock: [VS]: V.S INDUSTRY BHD

Jun 28, 2018 08:09 PM | Report Abuse

@SuperPanda sinkalan, what's the next drop price

Posted by SuperPanda > 2018-06-28 23:32 | Report Abuse

As for warrant, its more hard to predict bcoz as you can see, with 0% premium, anything below pe16 is -ve value !

It depends how low people will sell and how high will dare to buy. The higher the buy price will make price stay above +ve but at higher premium.

If mother @ pe15, premium % vs warrant price as below:
10% = 0.07c
15% = 0.14c
20% = 0.21c

Posted by SuperPanda > 2018-06-28 23:38 | Report Abuse

i think 15% would be reasonable but all depends where market wants it to be

Posted by turbofast > 2018-06-29 06:07 | Report Abuse

净利滑落，主要是受到内外围挑战的拖累。更确切而言，第三季净利是受到美国客户取消特定产品型号的影响。

Posted by ray1980 > 2018-06-29 08:01 | Report Abuse

Black swan issues was coming, totally world share market will bubbles game over.On this moment we can invest some to play only.For long term investment,we can wait after to move in.this is my sharing.

Posted by goreng_kaki > 2018-06-29 08:09 | Report Abuse

a lot people act like sifu give comments here based on the surface u see, but very pity only little know well about what vs doing

Posted by necro > 2018-06-29 08:12 | Report Abuse

financials result for 2nd half company for small & mid caps really bad

Posted by Skykiller > 2018-06-29 08:13 | Report Abuse

today sure will gap down...

Posted by necro > 2018-06-29 08:18 | Report Abuse

waaa que buy at RM1.00...lao sai

Posted by SuperPanda > 2018-06-29 08:24 | Report Abuse

is not act like sifu, it an analysis. thats whats FM and IBs doing. you seems too naive to say that. to succeed in trading, shud be a friend to analyst, drink coffee with remisier, read market news everyday and learn.

should not forget that no matter how good a fundamental of cmpany, market is always right. how many of investor really care or know the truth?

in msia markt, earnings is the most important factor. you want example? loads of them. i can name more than 10 in 10 sec.