V.S INDUSTRY BHD

KLSE (MYR): VS (6963)

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Last Price

1.04

Today's Change

+0.03 (2.97%)

Day's Change

0.985 - 1.04

Trading Volume

40,830,400


31 people like this.

31,402 comment(s). Last comment by OTB 9 hours ago

LowSan

34 posts

Posted by LowSan > 2020-08-19 20:43 | Report Abuse

Any good news coming soon?

Posted by Raymond Tiruchelvam > 2020-08-19 21:19 | Report Abuse

i think half the trades for the day done at 1.79-1.80 ..... selling rather than buying, which means there shd be cushion at t+2 if forced sell :-) if im right

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-08-19 21:23 | Report Abuse

this Friday can hit TP RM 2

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-19 21:41 | Report Abuse

profit growth stock even if drop later will rebound back, check 2016~2018 chart

price only drop heavily when US trade war with China but that time not only VS, rest of stock also drop

antidebt

453 posts

Posted by antidebt > 2020-08-19 23:06 | Report Abuse

Buy and keep .heading to 3.00

antidebt

453 posts

Posted by antidebt > 2020-08-20 08:26 | Report Abuse

this counter no need promotion . it can automatic fly

volks2

1,116 posts

Posted by volks2 > 2020-08-20 13:37 | Report Abuse

based on the current production orders, I think RM3 is achievable.

Collin Soo

894 posts

Posted by Collin Soo > 2020-08-20 15:54 | Report Abuse

good prospect, will buy during correction

latuk

572 posts

Posted by latuk > 2020-08-20 16:17 | Report Abuse

Collin Soo, the correction is already over lah.

klm80

138 posts

Posted by klm80 > 2020-08-20 16:47 | Report Abuse

now everywhere ikan bilis, will be easily goreng up... of cos down trend also easily. See how soon the shark start action..

ks5S

4,601 posts

Posted by ks5S > 2020-08-20 16:48 | Report Abuse

everyday new high. Buy and keep. tp 3.00
more business coming in as more business moving out from china and landed in VS.

Posted by Shootingstar999 > 2020-08-20 21:52 | Report Abuse

Maybank target 2.25 go go

itch

1,178 posts

Posted by itch > 2020-08-20 23:29 | Report Abuse

1.85 tomorrow!

weimun88

104 posts

Posted by weimun88 > 2020-08-20 23:31 | Report Abuse

@shootingstar999 do you have the link?

Posted by StevenLim80 > 2020-08-21 08:45 | Report Abuse

Looks like frontken share

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-08-21 10:20 | Report Abuse

Gogogo huat ar

antidebt

453 posts

Posted by antidebt > 2020-08-21 10:23 | Report Abuse

break 2.00 next monday

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-08-21 11:16 | Report Abuse

insider news: RM 3.00 by year end

antidebt

453 posts

Posted by antidebt > 2020-08-21 11:21 | Report Abuse

good company. continue look for new customer and groeth

antidebt

453 posts

Posted by antidebt > 2020-08-21 11:23 | Report Abuse

buy and keep longer

Posted by bombominvest > 2020-08-21 12:26 | Report Abuse

rm2.32 limit up only today, don pump over

Posted by Insider1978 > 2020-08-21 12:35 | Report Abuse

Goreng Kaki, don't blow water la, TP RM 2.50 by year end.

Runnerup

253 posts

Posted by Runnerup > 2020-08-21 12:50 | Report Abuse

Why people keep sold before 1 hour break... After news?

Money168

245 posts

Posted by Money168 > 2020-08-21 13:43 | Report Abuse

Superpanda quiet already. Time to take profit......

ks5S

4,601 posts

Posted by ks5S > 2020-08-21 13:53 | Report Abuse

analyst start reporting good news. not the time to sell.

Flyinghorse

3,658 posts

Posted by Flyinghorse > 2020-08-21 13:54 | Report Abuse

Hold on to your tickets. The Best is yet to come

ks5S

4,601 posts

Posted by ks5S > 2020-08-21 13:55 | Report Abuse

We came away from a recent session with management a lot more positive on its growth prospects, anticipated be much better-than-expected. Estimated orders from its most recently-clinched customer, Victory Innovations Company Inc (Victory Inc), appear to be more robust than previously thought. Just as encouragingly, its existing key customers are also seeing brisk sales, translating to stronger order flows for VS Industry (VSI). Management also sees improvements in its operating margins as almost all lines will be running at full capacity, now underpinned by 5 key customers with global interests. The sum total of all these developments are a further lifting of our FY21/FY22 estimates by an average 26%, while target price is also raised to RM1.96 (RM1.57 previously) based on a 17x earnings multiple ( 1SD to its long-term average) to its CY21 EPS. Our call is upgraded to Trading Buy, with further trading interest likely to be seen as the Group remains in discussion with a few other potential customers.

Customer X has been a customer since 2001 and continues to keep VSI busy via 1) box-build assemblies, and 2) printed circuit board (PCB) and box-build assemblies. Currently involved in both personal care and floor care products, the latter will eventually be phased out though to be supplanted by more orders of the former.A coffee brewer customer has been on the books since 2012, with VSI serving as its Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM), and an important strategic partner in the ASEAN region.A pool cleaning customer has been an OEM and ODM customer since 2013 meanwhile, with VSI its only manufacturer of robotic pool cleaners in the world.A US-based customer signed up in March 2019. Involved in the floor care business, VSI is its first supplier in the ASEAN region. Order flow from the customer has been more robust than initially anticipated.Victory Inc. is the Group’s the most recent customer, with positive financial contributions anticipated as early as 2HFY21 given the backlog of orders amid ‘extreme’ demand for its products. VSI will be its first supplier outside of China.Other developments. With all of its manufacturing facilities expected to be fully utilized by this financial year, management is already on the lookout for further space (~400,000 square feet), with ~RM100m set aside for this purpose. Workers are not expected to be an issue despite the planned expansions and the government’s restrictions, with the Group having sufficient numbers while also having adopted greater levels of automation.

Source: PublicInvest Research - 21 Aug 2020

ycbang

468 posts

Posted by ycbang > 2020-08-21 15:06 | Report Abuse

Waiting qr bonus n dividend

Posted by Maxwong76 > 2020-08-21 15:48 | Report Abuse

Great!VS price jump up like 2 years b4!

ks5S

4,601 posts

Posted by ks5S > 2020-08-21 15:56 | Report Abuse

uptrend continue . just hold

bzeew

318 posts

Posted by bzeew > 2020-08-21 16:12 | Report Abuse

On Tuesday, VSI said it had signed an agreement with US-based Victory Innovations Company Inc to manufacture and supply cordless electrostatic sprayers on a box-built basis.

Victory’s products, cordless electrostatic handheld sprayers and cordless electrostatic backpack sprayers, are used by hospitals, hotels, schools, airlines, casinos, public transportation, households and businesses to sanitise and disinfect large areas swiftly and effectively.

antidebt

453 posts

Posted by antidebt > 2020-08-21 17:05 | Report Abuse

vs aiming business on disease prevention .... higher margin business

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-21 17:32 | Report Abuse

H-O-L-D

As i said, rm2 may comes earlier than projected
Enjoy the ride guys.

ks5S

4,601 posts

Posted by ks5S > 2020-08-21 21:43 | Report Abuse

public bank tp 1.99
uobkh tp 2.20
RHB tp 2.28
alliance tp 2.15
maybank tp 2.25

IT IS A "MUST BUY STOCK".

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-22 08:42 | Report Abuse

when around 90c some people laugh me buying bcoz prev qtr was losing money and should wait

the secret of making big profit in trading is to find a potential profit growth stock which still at lower price, then hold and be patience

later once the growth is seen, the price will go higher and higher until reach it fair value

example, i am collecting SUPERLN now traded below 80c, it never had -ve earnings and is the beneficial of low oil price, next qtr it will be making more profit bcoz it qtr rpt next mth is from may-jul, over from MCO period

if you missed to collect SUPERLN now, in the next 2 mth you will be losing opportunity to make big profit just like buying VS 2 mths ago

antidebt

453 posts

Posted by antidebt > 2020-08-22 10:58 | Report Abuse

all analyst upgrade tp. fund manager start accumulating based on analyst report. keep longer.

ks5S

4,601 posts

Posted by ks5S > 2020-08-22 15:03 | Report Abuse

so many pennies losing money counter can limit up. This good growth counter will limit up soon.

Pangpang

39 posts

Posted by Pangpang > 2020-08-22 22:50 | Report Abuse

i wish it can going up steadily without limit ..instead of limit up

DreamKaiser

1,280 posts

Posted by DreamKaiser > 2020-08-22 23:04 | Report Abuse

waah

DreamKaiser

1,280 posts

Posted by DreamKaiser > 2020-08-22 23:04 | Report Abuse

up 4.47%

DreamKaiser

1,280 posts

Posted by DreamKaiser > 2020-08-22 23:05 | Report Abuse

okay already la

DreamKaiser

1,280 posts

Posted by DreamKaiser > 2020-08-22 23:05 | Report Abuse

not so big but okay la

DreamKaiser

1,280 posts

Posted by DreamKaiser > 2020-08-22 23:05 | Report Abuse

boleh juga la

antidebt

453 posts

Posted by antidebt > 2020-08-22 23:23 | Report Abuse

monday open gap up break 1.90

.9

ks5S

4,601 posts

Posted by ks5S > 2020-08-23 00:18 | Report Abuse

superbull... sma5 is moving further from ema20 and ema20 is moving further from ema50

ks5S

4,601 posts

Posted by ks5S > 2020-08-23 00:19 | Report Abuse

this trend is similar when comfort at the initial superbull run in may .

antidebt

453 posts

Posted by antidebt > 2020-08-23 08:02 | Report Abuse

once finished accumulated this stock; it will upgrade from hold to Strong Buy

amsterdam

28 posts

Posted by amsterdam > 2020-08-23 10:53 | Report Abuse

Can move up like frontken above 3.00

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