Posted by liverpool82 > 2018-12-17 09:43 | Report Abuse

V.S. Industry tumbles in active trade after fall in earnings, flat revenue

KUALA LUMPUR (Dec 17): V.S. Industry Bhd shares tumbled in active trade this morning after its net profit fell 7.1% to RM39.81 million for the first financial quarter ended Oct 31, 2018, from RM42.87 million a year ago, mainly due to a loss on disposal of a subsidiary and foreign exchange loss, resulting in a lower earnings per share of 2.32 sen compared with 2.61 sen previously.

At 9.05am, V.S Industry lost 29.91% or 35 sen to 82 sen with 10.06 million shares traded.

Its quarterly revenue was flat at RM1.08 billion compared with RM1.07 billion a year ago.

Nevertheless, the group declared a first interim dividend of one sen per share, payable on March 12.

Posted by ray1980 > 2018-12-17 09:44 | Report Abuse

Traded volume plus q sell volume =5% company share.

Posted by ZeroCityHunter > 2018-12-17 09:44 | Report Abuse

this knowlegde let u never get trap

Posted by VenFx > 2018-12-17 09:45 | Report Abuse

Here i betul betul see,
One hill still got another higher hill...
Sifus also kena telan mentah mentah !

Capital market + The Monster machine driver ... dramatic u can expecting.

Posted by *Sincere_Analyst*(The Best Analyst) > 2018-12-17 09:46 | Report Abuse

Tomorrow dip another 30% if don’t sell now

Posted by omegacankill > 2018-12-17 09:49 | Report Abuse

woo...the doombringer has arrived

Posted by steve_usa > 2018-12-17 09:50 | Report Abuse

VS used to be the darling stock to KYY and Ooi Teik Bee.....

Posted by tpchuayap > 2018-12-17 09:50 | Report Abuse

buy on weakness or run ?

Posted by tokti > 2018-12-17 09:50 | Report Abuse

please lar, 30% is already heaviest fall...Dyson cut orders and new models given to Atta..like that wont die lar....VS is the biggest in Malaysia in this OEM industry...Diamond Water also theirs

Posted by Larrytrader > 2018-12-17 09:51 | Report Abuse

How come

Posted by tokti > 2018-12-17 09:51 | Report Abuse

like that go and short Atmis, should fall together with VS, as common customers, Dyson

Posted by tokti > 2018-12-17 09:52 | Report Abuse

big sifu with funds, may be Atmis should also down 30% as Dyson cut orders..

Posted by cpo_king > 2018-12-17 09:52 | Report Abuse

It should drop to Rm0.56, same price with Esos

Posted by godhand > 2018-12-17 09:53 | Report Abuse

dyson making it clear whos the boss

Posted by omegacankill > 2018-12-17 09:53 | Report Abuse

but itu Diamond Water....macam hidup segan mati tau mau

Posted by cpo_king > 2018-12-17 09:53 | Report Abuse

At that price, no one employee will subscribe

Posted by cpo_king > 2018-12-17 09:53 | Report Abuse

Scary

Posted by vinc3nt > 2018-12-17 09:54 | Report Abuse

Winter is coming; D/G SELL

1QFY7/19 core earnings was below expectations due to losses at overseas ops. However, the bigger concern lies in 2HFY19 whereby VSI has received a decline in order flow from a key customer in Malaysia. Uncertainties beyond 1HFY19 prompt our FY19-21 cut in net profit forecasts by 42%-58%. Our TP is lowered to MYR0.82, having rolled forward our valuations to CY20 on a lower PER peg of 13.5x (20% discount to our average peg of 17x for tech stocks within our coverage). Downgrade VSI to SELL.

Posted by cpo_king > 2018-12-17 09:54 | Report Abuse

Afternoon session...let the price tell the whole story

Posted by mk88 > 2018-12-17 09:54 | Report Abuse

one stock after another
bloodbath

Posted by ramada > 2018-12-17 09:54 | Report Abuse

PublicInvest cut the TP from RM1.64 to RM0.97..
https://www.thestar.com.my/business/business-news/2018/12/17/vs-industry-plummets-on-weak-1qfy19-earnings/

Posted by cpo_king > 2018-12-17 09:56 | Report Abuse

Red ocean strategy in the industry will follow through... Earning will be in red colour soon...

Posted by tokti > 2018-12-17 09:57 | Report Abuse

one stock after another
bloodbath

Posted by cpo_king > 2018-12-17 09:57 | Report Abuse

Will bursa touching 1313 point in 2019?

Coming...

Posted by apolloang > 2018-12-17 09:59 | Report Abuse

cannot lah cos many blue chips being cornered by govt bodies.unless govt bodies keep dumping then only can

Posted by TYS_Capital > 2018-12-17 09:59 | Report Abuse

I believe in its NTA, if you can get cheaper than 0.82, of course better!!!

Posted by cpo_king > 2018-12-17 09:59 | Report Abuse

The beginning of blue chips to experience double digit drop in earning and prices as well..

Bear is expected to rule the market....

Posted by TYS_Capital > 2018-12-17 10:00 | Report Abuse

NAT 0.84

Posted by TYS_Capital > 2018-12-17 10:00 | Report Abuse

NTA

Posted by mk88 > 2018-12-17 10:00 | Report Abuse

cash is king
sell every damn stocks

Posted by apolloang > 2018-12-17 10:01 | Report Abuse

NTA? butaland NTA 1.50 share price only 44cts,cash rich also die.KEN NTA 1.80 stock only 70cts.....ini bursa semua tipu

Posted by cpo_king > 2018-12-17 10:01 | Report Abuse

Almost virtually every week hundred of stock recorded lowest prices in 52 week ranges...

The trends to be continued until early 2020

Posted by apolloang > 2018-12-17 10:02 | Report Abuse

bursa no fundamentals at all just a manipulation and pump and dump bourse.only help the rich become richer at the expense of the retailers

Posted by cpo_king > 2018-12-17 10:03 | Report Abuse

The bear in 2008 finally returned to take charge....

Posted by shpg22 > 2018-12-17 10:03 | Report Abuse

Wow...more affordable price now

Posted by TrippleZ > 2018-12-17 10:03 | Report Abuse

Apolloang, hope you know you are in capitalist society.

Posted by cpo_king > 2018-12-17 10:03 | Report Abuse

Let's see when 1313 be cracking down?

Posted by kentrade888 > 2018-12-17 10:05 | Report Abuse

V.S. Industry tumbles in active trade after fall in earnings, flat revenue
Surin Murugiah
/
theedgemarkets.com

December 17, 2018 09:23 am +08

-A+A
KUALA LUMPUR (Dec 17): V.S. Industry Bhd shares tumbled in active trade this morning after its net profit fell 7.1% to RM39.81 million for the first financial quarter ended Oct 31, 2018, from RM42.87 million a year ago, mainly due to a loss on disposal of a subsidiary and foreign exchange loss, resulting in a lower earnings per share of 2.32 sen compared with 2.61 sen previously.

At 9.05am, V.S Industry lost 29.91% or 35 sen to 82 sen with 10.06 million shares traded.

Its quarterly revenue was flat at RM1.08 billion compared with RM1.07 billion a year ago.

Nevertheless, the group declared a first interim dividend of one sen per share, payable on March 12.

http://www.theedgemarkets.com/article/vs-industry-tumbles-active-trade-after-fall-earnings-flat-revenue

Posted by kchia > 2018-12-17 10:06 | Report Abuse

gap down due to lower profit is fundamental. If no fundamental the share price won't drop when bad news come out.


apolloang bursa no fundamentals at all just a manipulation and pump and dump bourse.only help the rich become richer at the expense of the retailers

Posted by 4ever5 > 2018-12-17 10:11 | Report Abuse

happy to see so many new commenter in VS.. welcome

Posted by cpo_king > 2018-12-17 10:13 | Report Abuse

My sifu told me using the following criteria to confirm the bear cycle:

When

Prices stayed put when reported good earning

Prices collapsed when reported lower earning

See what happened to padini and Vs

Posted by nkk53 > 2018-12-17 10:13 | Report Abuse

Consider 0.82

Posted by godhand > 2018-12-17 10:15 | Report Abuse

if this company is having external issue with dyson better dont touch.

Posted by LCLY > 2018-12-17 10:15 | Report Abuse

As of 10:14am, total trade volume 17mil. Queue selling at 0.82 is over 80mil. How? Hahaha

Posted by Skykiller > 2018-12-17 10:17 | Report Abuse

unbelievable......drop so much.....

Posted by Jebard > 2018-12-17 10:17 | Report Abuse

Crap. Tmrw see. Might be another limit down too....

Posted by enning22 > 2018-12-17 10:18 | Report Abuse

companies with their manufacturing arm in China , are deeply suffering,
(1) due to many tax laws put in force by chinese communist government,（五险一金）
(2)and effect of trade war between china and america,（贸易战） plunged the consumers market in China in deep contraction.5 million small and media companies declared complete shut down in China Kuantung/Shenzhen Province for last 10 months alone.

Posted by mastermarcus > 2018-12-17 10:18 | Report Abuse

Kumpulan Wang Persaraan 212,129,775 11.9%
Kim Ling Beh 137,700,993 7.70%
Chu Cheng Gan 124,269,625 6.95%
Sem Yam Gan 88,365,862 4.94%
Public Mutual Bhd. 43,428,500 2.43%
BNP Paribas Wealth Management (Singapore) 40,798,050 2.28%
The Vanguard Group, Inc. 35,724,925 2.00%
Tong Chuan Gan 32,759,850 1.83%
AIA Bhd. 31,808,000 1.78%
Tiong Sia Gan 30,310,537 1.70%

https://www.marketscreener.com/VS-INDUSTRY-BHD-6497545/company/

Posted by mastermarcus > 2018-12-17 10:20 | Report Abuse

Bursa give them UMA, tmr reply unknown.....limit up all the way...

Posted by apolloang > 2018-12-17 10:21 | Report Abuse

myeg kena UMA but no limit up? hehe