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 3 hours ago

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:43 | Report Abuse

Okay also la

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:43 | Report Abuse

Boleh juga la

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:44 | Report Abuse

Boleh kasi up lagi skit kah

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:44 | Report Abuse

Baru la lagi sedap main sikit

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:44 | Report Abuse

Very good

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:45 | Report Abuse

Excellent

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:45 | Report Abuse

Well done

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:45 | Report Abuse

Congratulations

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:45 | Report Abuse

Keep surging

DreamMaster

1,157 posts

Posted by DreamMaster > 2020-11-22 01:45 | Report Abuse

Good luck

Investeye

2,347 posts

Posted by Investeye > 2020-11-23 15:01 | Report Abuse

Today no power

RCZ2020

847 posts

Posted by RCZ2020 > 2020-11-23 19:22 | Report Abuse

Looking forward for uptrend

Jarall

115 posts

Posted by Jarall > 2020-11-24 01:37 | Report Abuse

just wait. this week might show something

itch

1,178 posts

Posted by itch > 2020-11-24 16:51 | Report Abuse

Consolidation mode

ZoeZoe

235 posts

Posted by ZoeZoe > 2020-11-25 20:45 | Report Abuse

ESOS share dilute, no wonder price drop!

dawchok

531 posts

Posted by dawchok > 2020-11-28 12:28 | Report Abuse

New customer Y & new building start Q2CY21, contribute rev 500mil/yr=125mil/qtr, 125/882(rev q4fy20)=+15%, eps 2.9ctsx115%(assume same margin as q4)=3.3cts/q, x4 qtrs =13cts/yr. pe25, tp m3.30 in FY21. Cheers!!!

alfred

89 posts

Posted by alfred > 2020-11-29 01:48 | Report Abuse

V.S. Industry - Secures Yet Another New Customer
18/10/2020 VSI will be acquiring 6 pieces of land with a total size of 414k sf, boosting production floor space by c.25%.
The additional capacity will be catered for a new US-based Customer Y, thanks to the China trade diversions.
AffinHwang Reiterate our Buy rating, with unchanged target price of RM2.70 (based on 19x CY21 target PER).
Acquiring Land & Building for Expansion…
VSI has entered into a sale and purchase and construction agreement with Ipark Development Sdn Bhd, a subsidiary of AME Elite to acquire 6 pieces of land with industrial buildings with a total land size of c.414k sq ft in Senai, Johor for RM99m. The approximate acquisition cost per sq ft is equivalent to RM239, comparably higher to the last transacted industrial plot at RM80/sf in Senai Airport City as it includes the cost of building amenities constructed to VSI’s production requirement. We are positive on the acquisition as this will increase the current production land area by c.25% to >2m sq ft, which will cater for the newly secured US-based Customer Y and as VSI’s new headquarters (HQ). The group plans to free up the existing HQ and manufacturing space for Victory’s production. VSI will be spending a total of c.RM150m for this expansion to be funded via internally generated funds and bank borrowings.
With New Customer Y Secured
Elsewhere, VSI has also secured another new US-based Customer Y, thanks to the rerouting of supply chain opportunities presented by the escalating trade tensions. During the briefing, we learnt that VSI will be producing home appliances for Customer Y, which products do not compete directly with VSI’s existing customers. Mass production of the first model will likely begin in 2QCY21, with management guiding that this customer could potentially contribute c.RM1bn revenue within the next 2 years.
Reiterate Buy With Unchanged TP of RM2.70

chiahs

212 posts

Posted by chiahs > 2020-11-29 21:56 | Report Abuse

Dyson to set up advanced manufacturing hub in Singapore - which may benefits the components manufacture companies in Malaysia (..?)

Posted by danise22 > 2020-11-30 13:48 | Report Abuse

I was told Vs is not longer having Dyson as customer can anyone verify this?

Lappier811

183 posts

Posted by Lappier811 > 2020-12-01 07:33 | Report Abuse

They cant do floor care only. They rest still OK. Something good on the way, stay tune

Posted by Fadzli Alias > 2020-12-01 22:50 | Report Abuse

2.35 -2.45-2.35, repeat , i decide to go out 2.43 today, kudos to operator, very patient......

dalpinia

2,299 posts

Posted by dalpinia > 2020-12-02 10:09 | Report Abuse

rm4 by 2021, rm5 by 2022.....hold tight

dawchok

531 posts

Posted by dawchok > 2020-12-02 10:16 | Report Abuse

what a big miss that only added 10 lots at 2.35 2 days ago

Posted by GorengHealthcare > 2020-12-02 10:49 | Report Abuse

Foreign funds enter both ATAIMS and VS

itch

1,178 posts

Posted by itch > 2020-12-02 10:57 | Report Abuse

rm3 soooooon

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-02 11:08 | Report Abuse

lalala

ks5S

4,601 posts

Posted by ks5S > 2020-12-02 11:08 | Report Abuse

Jangan fikir lama-lama
Nanti lama-lama dia diambil orang
Jangan fikir lama-lama
Nanti lama-lama dia diambil orang

rogerwong

25 posts

Posted by rogerwong > 2020-12-02 11:57 | Report Abuse

rogerwong next week should break out north, wedge pattern formed.
18/11/2020 7:17 PM

took longer than expected, but finally it's here - new highs yay!

dalpinia

2,299 posts

Posted by dalpinia > 2020-12-02 12:01 | Report Abuse

dawchok, you are here also....I like your comments together with YorkYork!

dawchok

531 posts

Posted by dawchok > 2020-12-02 12:04 | Report Abuse

York York is a 达人 in pg semi con circle. We should thks him for generously sharing lot of insights of pg semi con industry. VS is not in Pg. I invest in VS via another network.

dalpinia

2,299 posts

Posted by dalpinia > 2020-12-02 12:37 | Report Abuse

Great....thanks to YY.

Other than VS, how to you find MTag?

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-02 12:43 | Report Abuse

c u at rm3

JinZz

558 posts

Posted by JinZz > 2020-12-02 12:55 | Report Abuse

have been long waiting

dalpinia

2,299 posts

Posted by dalpinia > 2020-12-02 15:59 | Report Abuse

Aluminum record high, PMetal also record high.
Copper record high, JAG is a hidden GEM!!!

me073194

160 posts

Posted by me073194 > 2020-12-02 17:23 | Report Abuse

Kongrajulasi

jaktan

86 posts

Posted by jaktan > 2020-12-03 08:11 | Report Abuse

today heading to rm2.80

nightfly

345 posts

Posted by nightfly > 2020-12-03 09:32 | Report Abuse

Just reach target 2.70, what will happen next?

dalpinia

2,299 posts

Posted by dalpinia > 2020-12-03 11:26 | Report Abuse

RM4 after announcing the best record QR in this month then issue bonus 1:2 or 1:1

GooShen

5,400 posts

Posted by GooShen > 2020-12-03 13:08 |

Post removed.Why?

Estrt8

4 posts

Posted by Estrt8 > 2020-12-03 14:53 | Report Abuse

I will continue to hold my 1.61 tickets

NJHL1234

132 posts

Posted by NJHL1234 > 2020-12-03 15:27 | Report Abuse

wowow rm3 can ma?

Larrytrader

1,453 posts

Posted by Larrytrader > 2020-12-03 15:29 |

Post removed.Why?

fishchu

64 posts

Posted by fishchu > 2020-12-03 22:20 | Report Abuse

Another sector that was deemed the darling of investors comprise the semiconductor-related firms. This sector too has seen significant improvements in both q-o-q and y-o-y earnings performance.
Eight out of the 10 semiconductor-related companies among the top 100 firms saw double-digit growth in earnings. VS Industry Bhd returned to the black this quarter while SKP Resources Bhd saw 339.15% q-o-q growth in 3Q20. Inari Amertron Bhd (+97.53% q-o-q), Unisem (M) Bhd (+49.47% q-o-q) and Greatech Technology Bhd (+31.73% q-o-q) all saw more than 30% q-o-q growth in net profit.
On a yearly basis, Unisem managed to report a profitable quarter compared to a loss-making 3Q19. Interestingly, half of these 10 companies saw more than 50% y-o-y growth. Vitrox Corp Bhd grew 114.45% y-o-y, followed by UWC Bhd (+85.11% y-o-y), Greatech (+79.7% y-o-y), SKP Resources (+76.9% y-o-y) and Malaysian Pacific Industries Bhd (+50.32% y-o-y).

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-03 22:58 | Report Abuse

Confirm above rm3

jolow

652 posts

Posted by jolow > 2020-12-03 23:06 | Report Abuse

tomorrow sure down

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-12-04 09:11 | Report Abuse

be aware tragedy of MAGNI, after poor result direct gap down, sell at high bye bye

jaktan

86 posts

Posted by jaktan > 2020-12-04 10:25 | Report Abuse

u will regret

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