Posted by DonyFernandes > 2019-03-06 22:51 | Report Abuse

All diam 7. And we'll see the results soon.

Posted by spectre007 > 2019-03-06 22:53 | Report Abuse

Customer x means? D?

Posted by jnal > 2019-03-06 22:55 | Report Abuse

Haiya..just put in saja..stop trade for few week..that time u can see untung or rugi..from 885 now already 1030..jgn risau lah..jgn fikir invest hari ini,esk sudah mahu untung..slow2 lah..as soon uptran ma..jgn gadoh2..

Posted by goodiewilly > 2019-03-06 22:58 | Report Abuse

search for whole night pun tiada anything from Ibs..

Posted by anonyme > 2019-03-06 23:02 | Report Abuse

tmr panic selling... take care all...

Posted by zakiazre4 > 2019-03-06 23:02 | Report Abuse

Loooosaaiiiii

Posted by Surewind > 2019-03-06 23:05 | Report Abuse

One way to check for new customers is seeing if they hiring ppl from Jobstreet.
If you notice they hiring NPI engineers, NPI manager and program manger.
Which very likely for more new projects !! Lets see.

Posted by zakiazre4 > 2019-03-06 23:09 | Report Abuse

Haha

Posted by goodiewilly > 2019-03-06 23:12 | Report Abuse

Like unclelimhuat said, any IBs reports are only to confirm that Management has explained the news to public in additions to the announcements. In real facts, we know very well what VS got. Now we wait for market to push the price up (the operators lar, engaged by bosses)

Posted by goodiewilly > 2019-03-06 23:22 | Report Abuse

@ Bursa999 Key takeaways from today's PC:

- 3 years agreement with Bissell with automatic extension annually thereafter. Actual contract sum and volume will be determined based on purchase orders placed over the period.

- VS is Bissell's first supplier in SEA, with a dedicated plant.

- Relationships with existing key customers remain strong
1. Bissell
2. Customer X: Since 2011 and largest customer in FY16.
3. Keurig: Since 2012 and VS is the only supplier outside China
4. Zodiac: Since 2013 and VS is the sole manufacturer

- Strong emphasis on more customers to come

Thanks, Bursa999

Posted by goodiewilly > 2019-03-06 23:23 | Report Abuse

@Bursa999 i agree with unclelimhuat...i foresee more customers to come for VS...from chart VS will try to close the gap in weeks to come

Thanks

Posted by Bursa999 > 2019-03-06 23:26 | Report Abuse

i got the presentation deck from my broker dont think IBs will share it

Posted by zakiazre4 > 2019-03-07 00:14 | Report Abuse

Wow

Posted by digi_three > 2019-03-07 01:15 | Report Abuse

vely vely heppi haar .. like this sure up huat huat lorr just wait liam liam horr.

Posted by zakiazre4 > 2019-03-07 01:23 | Report Abuse

Haha, dont be so sure ya

Posted by hohoho123 > 2019-03-07 06:35 | Report Abuse

Saw a briefing picture

Posted by zakiazre4 > 2019-03-07 07:44 | Report Abuse

True

Posted by Aiw Siow > 2019-03-07 08:23 | Report Abuse

Then better sell, go buy myeg

Posted by goodiewilly > 2019-03-07 08:28 | Report Abuse

Got the presentation kid for press conference , as BURSA999 said.

Posted by goodiewilly > 2019-03-07 08:30 | Report Abuse

http://www.theedgemarkets.com/article/rhb-research-raises-target-price-vs-industry-rm128?type=malaysia

Posted by slts > 2019-03-07 08:36 | Report Abuse

improve earnings will come in 2020
mean while earnings will be bad for the yr

Posted by Bursa999 > 2019-03-07 08:41 | Report Abuse

RHB maintained BUY and raises TP tp 1.28

Posted by goodiewilly > 2019-03-07 08:43 | Report Abuse

So far this is the first IB's review - RHB..Good one

Posted by Walters Howard > 2019-03-07 08:45 | Report Abuse

It said all in. Haha. So bullish about VS.

Posted by Aiw Siow > 2019-03-07 08:50 | Report Abuse

All Run... Me want buy 80sen

Posted by unclelimhuat > 2019-03-07 08:54 | Report Abuse

Latest Target Price:

Maybank RM1.25
RHB RM1.28
JF RM1.27

Posted by goodiewilly > 2019-03-07 08:55 | Report Abuse

RHB raises BUY rating from 1.03 to 1.28. so choon, now its 1.03, today go up to 1.27..kakkakka

Posted by kruchai > 2019-03-07 08:56 | Report Abuse

https://www.theedgemarkets.com/article/rhb-research-raises-target-price-vs-industry-rm128
RHB TP $1.28
And recent briefing is mentioned

Posted by unclelimhuat > 2019-03-07 08:57 | Report Abuse

RHB Research raises target price for VS Industry to RM1.28
theedgemarkets.com
/
theedgemarkets.com

March 07, 2019 08:26 am +08

-A+A
KUALA LUMPUR (March 7): RHB Research Institute Sdn Bhd has maintained its “Buy” rating on V.S. Industry at RM1.03 with a higher target price of RM1.28 (from RM1.08), a 24% upside and 3.2% FY19F (Jul) yield.

In a note today, the research house said during a recent briefing, management provided further clarity on the newly-secured job orders from Bissell.

“In addition, VS Industry remains optimistic that new job flows will be robust, thanks to pockets of opportunities arising from the US-China trade dispute.

“All in, we came away from this briefing feeling more comfortable with the visibility of its earnings and jobs flow outlook,” it said.

Posted by hohoho123 > 2019-03-07 09:07 | Report Abuse

people no time for this now ,myeg time

Posted by kevinobc > 2019-03-07 09:10 | Report Abuse

It maintained its buy call and raised its target price to RM1.28 from RM1.08 based on an unchanged 12x FY20F P/E.

Read more at https://www.thestar.com.my/business/business-news/2019/03/07/rhb-raises-forecasts-on-vs-industry-tp-increased-to-rm1pt28/#IS8loX26WpveFW1j.99

Posted by feiloh > 2019-03-07 09:15 | Report Abuse

Waiting for pbb revised tp

Posted by Aiw Siow > 2019-03-07 09:24 | Report Abuse

Now all goreng presbhd, myeg and dsonic. No free time

Posted by steeelman > 2019-03-07 09:31 | Report Abuse

IB research boleh pakai ke ?

Posted by ChefSaham > 2019-03-07 09:45 | Report Abuse

up to you boleh pakai or not when u think boleh pakai already fly hahaha kidding up to ur own analysis bro

Posted by BN_better > 2019-03-07 09:48 | Report Abuse

RHB work for KWAP? They ask buy for KWAP to throw? Hidup BN.

Posted by goodiewilly > 2019-03-07 09:58 | Report Abuse

KWAP sold little little only .no worry

Posted by unclelimhuat > 2019-03-07 10:00 | Report Abuse

UOB

COMPANY UPDATE BUY
(Maintained)
Share Price RM1.03
Target Price RM1.33
Upside +28.9%
(Previous TP RM1.10)

Mar 18 May 18 Jul 18 Sep 18 Nov 18 Jan 19 Mar 19
Source: Bloomberg
ANALYST(S)
Desmond Chong
(603) 2147 1980
desmondchong@uobkayhian.com

VS Industry (VSI MK)
Timely Win With Better Contract Terms To Anchor Recovery in FY20

We came away from the well-attended briefing still feeling positive premised on the better-than-expected guidance on contract value. As proven by its ability to secure new and meaningful contracts (in 2013 and now in 2019), we remain hopeful of the group securing new contracts from the remaining prospective customers, with some are already at advanced stage of discussions. Increase FY20F/21F earnings by 11%/13% to account for higher order ramp-up. Maintain BUY. Target price: RM1.33.

WHAT’S NEW
More details on BISSELL. During yesterday’s briefing, VS Industry (VS) management noted that the recent timely win was the fastest contract ever be secured by the company, thanks to the imminent trade diversion arising from the US-China trade war. With the inking of this master agreement with BISSELL, VS became its first EMS partner in Southeast Asia, with a dedicated plant (size: 160,000sf) that will be equipped with injection moulding facilities, assembly lines, warehouse and test labs. Meanwhile, touching base on the concern of conflict of interest with the group’s existing client which is involved with similar products, management reiterated that it has received blessings from this key customer.

Sizeable contract with decent margins. Note that most of the contract manufacturing jobs of BISSELL are being undertaken by two EMS players based in China (80%) and one in
Mexico. With VS now benefitting from the orders fallout from these EMS players, the group believes that it can achieve RM700m sales in two years’ time and eventually up to RM1.2b sales based on the product line-ups (with pricing based on six-month visibility). While management keeps its lips tight on profitability guidance, we believe margins should be more decent than that under the existing key customer’s contract given BISSELL’s product design.

Better orders visibility with key customer’s beauty products gaining traction. While we expected a weaker 2HFY19 and beyond in expectation of slower product uptake by its key
customer (hence earnings revision), management’s latest guidance on a better order commitment from the key customer’s beauty products have altered our overly conservative view. Note that this line of products will see another 50% ramp up amid overwhelming demand globally. Meanwhile, VS will remain as the main supplier for this product.

VALUATION/RECOMMENDATION
Maintain BUY with a higher target price of RM1.33, based on 13x FY20F PE, which is
close to its 3-year mean PE. We remain hopeful of the group as the frontrunner in clinching
contracts related to the US-China trade diversion.
SHARE PRICE CATALYST
Large contracts wins from new MNC customers.
Favourable forex movements

Posted by unclelimhuat > 2019-03-07 10:01 | Report Abuse

Latest Target Price!!

Maybank RM1.25
RHB RM1.28
JF RM1.27
UOB RM1.33

Posted by zakiazre4 > 2019-03-07 10:04 | Report Abuse

Nothing tuning

Posted by aikinlai > 2019-03-07 10:16 | Report Abuse

If you people.have monitor VS more than 5 year...u should know how VS share price work.
It have it own behaviour.
Now.all i want is a free warrant 2.0

Posted by aikinlai > 2019-03-07 10:28 | Report Abuse

But dun too fast....still accumulating fund to sailang the coming baby

Posted by Primeinvestor > 2019-03-07 10:31 | Report Abuse

syndicates collection programme, wanna push down to 1 buck first

Posted by zakiazre4 > 2019-03-07 10:32 | Report Abuse

Just keep swimming, just keep swimming, eh, just keep dreaming

Posted by Crasd123 > 2019-03-07 10:38 | Report Abuse

The Edge recommend, will break 1.28 today

Posted by aikinlai > 2019-03-07 10:39 | Report Abuse

People got no dream is no different as salty fish

Posted by Crasd123 > 2019-03-07 10:40 | Report Abuse

Ekovest break 0.70, recommend The Edge
Vsolar break 0.25, recom The Edge

Posted by zakiazre4 > 2019-03-07 10:47 | Report Abuse

Salted egg is delicious, salted fish is okay

Dreaming is good
Keep dreaming

Posted by aikinlai > 2019-03-07 10:51 | Report Abuse

Haha...i love to watch Shaolin Scocer....i pick the sentence from the movie.
If u watch then u know what is mean n the ending of the story.

Posted by aikinlai > 2019-03-07 10:52 | Report Abuse

Is not dream...should mean Hope