Kin Teo's comment on D&O. All Comments

Kin Teo
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completely finish
cheng
stay away until clarity provided by the mgmt for the patent infringement case. the extent of the damage is not known and whether it is limited to spice and nagajo series?
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Daniel
Just wait until EPF clear their full position (80m+ shares) in due course that will set the plateau for the share price. Similar situation for EPF in VS Industry too.
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cheng
d&o's situation could be a structural problem while vs's volatility started when the chairman and his son pared down their holdings in VS starting mid of 2025. Not sure why but their actions flooded the market with supply of VS shares followed by a qr loss.
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Daniel
Correct. VS Industry sell down also due to Management forward guidance during research analyst briefings ie. absorb & share in US tariffs cost (significant margin compressions) or US customers ceased orders. Also, customers insisting on cost down, which will affect their ASPs going forward.
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cheng
Thanks, Daniel. I didn't read the financial reports for vs. Just saw the transaction announcements which correlates to the distribution.
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