“VSI's 4Q is anticipated to register similar profits based on its current order visibility, also owing to the 4Q being a seasonally stronger quarter for one of its key Malaysian operations customer, Keurig," AmInvest Research says.
VS Industry Bhd
’s (VSI) stock continues to struggle with volatile trading after having fallen to its 3.5-year low towards the end of last year. But is the stock oversold?
Recall, the integrated electronics manufacturing services provider saw its shares shed a massive 50% within days after announcing a challenging outlook on the company’s prospects for its financial year (FY) ending July 31, 2019, due to a reduction in orders from a key customer.
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