V.S INDUSTRY BHD

KLSE (MYR): VS (6963)

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Last Price

0.925

Today's Change

-0.005 (0.54%)

Day's Change

0.92 - 0.945

Trading Volume

4,641,300


31 people like this.

31,240 comment(s). Last comment by Rio2814 3 days ago

bennyloke

99 posts

Posted by bennyloke > 2021-12-07 12:42 | Report Abuse

Yes already settled, Andy Hall already clarified in his statement. But you can continue to create fear in this forum haha.

Calvin882

1,562 posts

Posted by Calvin882 > 2021-12-07 12:52 | Report Abuse

VS has to be really careful while working with him. It might backfire.

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-07 13:04 | Report Abuse

Natsuko. I don't know. The company has to get ready to pay for the debt bondages, at least 3 star accommodation, better salary...It's all about $$$$$$$$$

bennyloke

99 posts

Posted by bennyloke > 2021-12-07 13:10 | Report Abuse

Cost will increase, that's true but it's just small money. ESG concern is cleared on VS and continually be improved, they will get more orders in years to come.

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-07 13:20 | Report Abuse

As usual, the compliance costs will certainly not going to be low for labour intensive sector.

bennyloke

99 posts

Posted by bennyloke > 2021-12-07 13:30 | Report Abuse

It’s industry wide problem and don’t be too worried, the compliance cost is not just in EMDS companies but is usually shared with their big Brand’s customers

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-07 13:37 | Report Abuse

In the business world, customers are free to come and go. More EMS factories will be migrated to more competitive countries in enjoying low labor costs.

bennyloke

99 posts

Posted by bennyloke > 2021-12-07 13:42 | Report Abuse

What I know is that VS is getting more orders, seems like you are saying all EMS will eventually bankrupt, if so you can just sell your shares. Good for you and everyone.

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-07 13:46 | Report Abuse

Go bankrupt? what logic? haha. Relocate the factories to low labor costs countries la.

newbie8080

2,735 posts

Posted by newbie8080 > 2021-12-07 13:50 | Report Abuse

Working with Hall is the best way to get our of this forced labour issues.

Likely a paid consultant.

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-07 14:12 | Report Abuse

Forced labor issue can be developed into a lucrative business to the Short Selling Players if no mid and long term solution. They can engage private investigators sneaking into the EMS and OSAT sector gathering evidences. Some more, Andy Hall is not the person who monopolize in the labor activists. Don't play play.

Bullbursa

453 posts

Posted by Bullbursa > 2021-12-07 16:38 | Report Abuse

Just hire one American to handle their labour issue…

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-07 19:01 | Report Abuse

中国11月出口年增22% 进口增31.7% 均胜预期 | https://www.klsescreener.com/v2/news/view/920579

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-07 21:24 | Report Abuse

ATA IMS says workers resigned after it implemented 'zero overtime on Sunday' policy | https://www.klsescreener.com/v2/news/view/920785

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-07 21:25 | Report Abuse

Why not give them Malaysian citizenship of bumiputra status and enjoy more salary and other benefits to make these migrant workers happy to continue working otherwise they will complain to their God father Andy Hall in order to stop our Malaysian products exporting to USA. or UK....

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-07 21:39 | Report Abuse

Anyway, most workers at ATM IMS will be made redundant sooner or later.

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-08 07:19 | Report Abuse

Nasdaq was up 3.03% yesterday.

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-08 07:31 | Report Abuse

The Nasdaq has climbed nearly 4% so far this week, more than recovering all its losses suffered last week when the Federal Reserve's hawkish comments about speedier taper spurred bets about an early interest rate hike next year to curb surging inflation.

sychern

114 posts

Posted by sychern > 2021-12-08 08:06 | Report Abuse

@Hotstuff When can I get Mtag 0.24??? I waiting so long already!!!

"60% revenue gone! means share price will be 60% discount which is worth only 0.24"

Posted by Expertisee > 2021-12-08 09:31 | Report Abuse

slowly slowly rebound

Posted by NatsukoMishima > 2021-12-08 09:33 | Report Abuse

Vstecs vs Vs , buy vstecs better lah very solid business , net cash flow low debts , good dividend , stable share price , confirm no forced labour issue !

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-08 09:56 | Report Abuse

SKP. and VS. hope to take advantage of the downfall of Ataims due to loss of big Dyson contract by having friendly relationship with migrant workers God father Andy Hall, this type of backstabbing is not our culture and tradition , we Malaysian should be unite together against big bully like USA. or UK. and even ILO.

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-08 10:20 | Report Abuse

Ataims up and Vs and Skp down, punishment from our rakyat powers that we should not sell our country dignity to foreign powers like Andy Hall or ILO...

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-08 10:34 | Report Abuse

Ataims LU..

zzzzz

1,815 posts

Posted by zzzzz > 2021-12-08 11:09 | Report Abuse

Powerless.... turning red... hard to surge above RM1.30

Posted by NatsukoMishima > 2021-12-08 11:13 | Report Abuse

Hard to surge means u need to take profits right now!

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-08 11:22 | Report Abuse

VS may get more orders fom Dyson because of ATA IMS.

Hotstuff

3,148 posts

Posted by Hotstuff > 2021-12-08 11:35 | Report Abuse

buy now... share price will shoot up next week...

zzzzz

1,815 posts

Posted by zzzzz > 2021-12-08 15:02 | Report Abuse

Index up/ market does not mean VS will up

Posted by Smallfry88 > 2021-12-08 16:35 | Report Abuse

Ata Ims up but vs down ?

Hoot9Yee

200 posts

Posted by Hoot9Yee > 2021-12-08 17:04 | Report Abuse

Institution fund selling like no tomorrow ! End game for VS.

Posted by Blackpepper2020 > 2021-12-08 17:16 | Report Abuse

yeah retailer bought a lot.. But local fund sold a lot!

paperplane

21,546 posts

Posted by paperplane > 2021-12-08 17:47 | Report Abuse

华仔是穿西装的乞丐。呸

Posted by positiontrader > 2021-12-08 17:55 | Report Abuse

Beware - Chart wise, VS could be in a major downtrend mode

Stay clear of VS. US Custom could be looking into the immigrant workers conditions in this factory

Beside, EPF already ceased to be a substantial holder

jasonor

1,004 posts

Posted by jasonor > 2021-12-08 18:01 | Report Abuse

1.30 resistance can't be broken. few days ady. not looking good because this will turn into dead cat bounce. becareful

treasurehunt

1,809 posts

Posted by treasurehunt > 2021-12-08 19:20 | Report Abuse

Forced labor issue is a lucrative business.

Hotstuff

3,148 posts

Posted by Hotstuff > 2021-12-08 19:29 | Report Abuse

who cares about epf... they been losing money since MCO... they made so many mistake and lost billions... s long s epf buy into one stock... you better sell...

Hotstuff

3,148 posts

Posted by Hotstuff > 2021-12-08 19:30 | Report Abuse

if you buying into one stock because of epf or IB TP.. you better stay away from stock market...

Posted by NatsukoMishima > 2021-12-08 21:54 | Report Abuse

EPF got faster insider news sure they know USA CBP is going to kacau malaysia ems soon , epf also throw inari !

Posted by Mr.Sm Invest123 > 2021-12-08 22:10 | Report Abuse

EPF were disposed on 2nd Dec when everything was unclear at that time.

It should be fined now & onward

Hoot9Yee

200 posts

Posted by Hoot9Yee > 2021-12-09 00:05 | Report Abuse

VS EMPLOYEES PROVIDENT FUND BOARD Dec 02 Notice of Person Ceasing 21,675,500

Don't worry be happy. Abang EPF sold all. End game for VS !

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-09 11:48 | Report Abuse

you see EPF sudah jual semua, then only got chance for it to go up. sell pressure gone from EPF should subside now comes retailers who took epf tickets see how it goes

3b2b

6 posts

Posted by 3b2b > 2021-12-09 11:56 | Report Abuse

director keep buying

Posted by Mr.Sm Invest123 > 2021-12-09 13:17 | Report Abuse

Normal la we know EPF very poor now every day need money & so need to sell many shares here and there

Bullbursa

453 posts

Posted by Bullbursa > 2021-12-09 14:00 | Report Abuse

EPF still have 170mil shares, ceased to be substantial does not mean sold all

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