VS 6963 QUARTERLY REPORT 31 JULY 2018

Quarterly Report Review:

收入与去年同期相比增加2.8%。

马来西亚业务提升但被美国顾客的减少所抵消。

马来西亚主要是被原料价钱和员工成本提升所影响。

印尼业务减少主要是低销售和印尼盾的减值所影响。

中国业务面临一些问题;一,子公司面临亏损;二,原料价格和员工成本上涨;三;在竞争激烈环境里难转嫁成本给顾客。


Reference Price:
25.09.2018
Price: RM 1.62
Rolling EPS: RM 0.1092
PE: 14.84
NTA: RM 0.84
Price/NTA: 1.93
PE*Price/NTA: 28.62
Undervalued: RM 1.08
Fair Value: RM 1.43
Overvalued: RM 2.15


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