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Overview
Financial HighlightHeadlinesNo recent Headlines for this stock. Business Background Wing Tai Malaysia Berhad, formerly DNP Holdings Berhad, is a Malaysia-based investment holding company. The Company operates in four business segments: manufacturing, which is engaged in manufacturing of textile garments; trading, which is engaged in trading of garments; property development, which is engaged in the development of residential and commercial properties, and property investment, which is engaged in investment in commercial and hotel properties, project management and maintenance of properties. Its subsidiaries include DNP Garment Manufacturing Sdn. Bhd., Sri Rampaian Sdn. Bhd., Sedimas Sendirian Berhad, Harta-Aman Sdn. Bhd., Nikmat Jaya Sdn. Bhd., Angel Wing (M) Sdn. Bhd., Hartamaju Sdn. Bhd., D & P Realty Sdn. Bhd., Wing Mei (M) Sdn. Bhd., Premium Strategy (M) Sdn. Bhd. and Jayamuria (M) Sdn. Bhd.
Kong Mei Mei likes this. bearbull Its time to look at wingtm now, am loaded alr. Cut loss 1.13 take profit at least 20% frm current price 03/03/2016 8:19 PM smartInvestor1 Bad result shows bad management 1. Operating expenses more than Revenue !!! 2. Severe Negative cash flow thus need borrow more debt 3 Segment Retail - 50m to 46m Property Development from 26m to 9m NTA = 2.66 06/05/2016 1:52 AM drkervokian the management also super sneaky. in order to make their books look good. every monday or fridasy they will purposely buy just 10 shares. the bare minimum at the highest price of the day. Usually during closing, such that the ratios look nicer for the annual report. despite losing money they still wanna offer dividends. Usually this behaviour is ver prevalent with a) Old managemnet b) stingy and people with zero vision c) do not trust developing talent d) already made enough thta they wanna milk the cow. e) risk averse 15/09/2016 10:50 AM chankp7010 Further to drkervokian's observation, WingTai management has chosen AGM venue so far away so as to deter would-be complaining investors to attend. Why can the Board choses a place nearer to KL? 01/11/2016 12:10 PM chankp7010 General Order at RM1.80 for the remaining minority shareholders by the controlling shareholders ( joint parties). 23/05/2017 2:55 PM Apollo Ang wingtm also MGO at 1.80, datuk calvin your dutaland still sleeping,no MGO yet at 1.00? hahaha 23/05/2017 3:10 PM chankp7010 Limit up at RM1.53 with only 10,200 shares transacted. Can this share reach RM1.75? 24/05/2017 9:41 AM Apollo Ang yesterday I key in to buy already now done 60,000 units I get nothing....tipu lah. bursa can please list up who manage to get at 1.53? 24/05/2017 10:51 AM chankp7010 For Ryan88, if you can sapu 500k, you can prosper by RM1.80-RM1.53 = Rm0.27 x 500,000 =RM135,000/- instantly, In reality, no one will sell his shares at this price. Perhaps at RM1.75 tomorrow. This is just my opinion. 24/05/2017 3:08 PM steveooikp this one should be under UMA. listed companies bosses really know how to make money... just 1 words privatize.... can make money... there are so many counter current price are far under the NTA. so all these bosses can announce privatize... fk lor... see YTLE - privatize and very damn...... 24/05/2017 4:19 PM steveooikp later they will say they want to privatize at 90 sen... hehehe ..... limit down... 24/05/2017 4:19 PM Apollo Ang good one mana they dump for u? I place yesterday until now 1 lot also tak dapat. if no good one they sell give us all lo......all tipu in bursa 24/05/2017 4:34 PM Apollo Ang money game also like that,make sikit sikit not lama lama jadi bukit but make sikit sikit lose banyak banyak. make 1 year lose in a week....haha 24/05/2017 4:41 PM chankp7010 Who are the buyers (over 12 million shares) for RM1.78? Why must they buy at this price, knowing very well that controlling shareholders only pay RM1.80? Could there be a possibility that the buyers actually belong to controlling shareholders!! The next question is: Should we sell at RM1.78-1.79?? 25/05/2017 2:47 PM kcwong Although just 2 cents, but those buyers with huge volume still earn some amount of guarantee profit. 1.80-1.78., got it? 25/05/2017 3:53 PM cefiro22 yep! could it turn out to be like T.Store which upped the first offer from about 3.54 to 3.70? 25/05/2017 9:26 PM Parkson8888 steveooikp hopefully Parkson can be privatised also. Offer price must be above RM 1 or 1.2-1.5. steveooikp this one should be under UMA. listed companies bosses really know how to make money... just 1 words privatize.... can make money... there are so many counter current price are far under the NTA. so all these bosses can announce privatize... fk lor... see YTLE - privatize and very damn...... 24/05/2017 16:19 28/05/2017 9:59 PM calvintaneng Hi guys, Just to let you know the power of Sifu Walter Schloss Walter Schloss WALTER SCHLOSS – PROVEN SUCCESS – A TESTAMENT TO GRAHAM NET NET METHOD WORKS For 40 long years Walter Schloss (The Most Faithful Disciple of Ben Graham in NET NET VALUE INVESTING) Bought Undervalue Shares. He bought it year in, year out; year after year. He doesn’t care about the business itself. He said that if he can buy a share with deep discount to NTA something good might come out of it. He doesn’t care whether it is monday or friday; he doesn’t care whether it is the beginning of the year or end of the year; he doesn’t care if it’s January,May or December. In year 2005 (12 years ago I bought DNP at 40 sen with NTA over Rm1.00) I saw its condo called Lanson Place in Ampang. Today this stock is taken private at Rm1.78 for 345% upside in 12 years or 28.7% a year. So following Value Investing is correct!! 28/05/2017 10:07 PM cefiro22 thanks for sharing,...yes pick them up when they are in the "dumps" with good NTA to support and just be patient. ..see this http://www.thestar.com.my/business/business-news/2017/05/27/takeover-offer-for-wing-tai-malaysia-seen-undervalued/ 29/05/2017 8:30 AM lirhahs199 Wing tai taoverprice is fixed no effect because the shareholder have their mandate to private oledy upon lapse then so no more activity I think this stock 05/06/2017 11:25 PM pharker Strategy..controlling holder first buy from market at 1.78n 1.79...so they accumulate..then left some stubborn minority holders that still dun sell or accept..then offer higher for the remaiming lesser lots...save cost..just like UK developers offer to take over OLD buildings for rebuild..offer starts small..then final higher offer to remaining stubborn holder 14/06/2017 10:43 AM cefiro22 Interesting announcement yesterday in Bursa Company Announcement> http://www.bursamalaysia.com/market/listed-companies/company-announcements/5460745 Maybank Inv Bank had to announce that they acquired in open market a total of 10,875,900 shares at 1.80/share on June 14-2017. I have not noticed any announcement earlier by Maybank IB of those who bought earlier at 1.78/1.79 in bulk.Who were they?...Am I correct that this is the first announcement ever made that WTM has bought in the open market? 15/06/2017 9:12 AM san3 Do anyone know what happen if they unable to do the private placement? will they convene an egm or will the price drop back to $1.20 before the offer was made 20/06/2017 5:02 PM GuShen 可以考虑买一点Wingtai. 这是一家从事房地产和服装(UNIQLO) 业务的公司。Wingtai Singapore 以RM1.80全面收购这家公司。Offer 展延至8月8日。如果没有在期限里收购到足够的票数,Wingtai Singapore 就不能够进行强制性全面收购,过后将会除牌。没有把手上的票卖掉的股东将继续成为这家公司的小股东。 Scenario 1: 成功全面收购 - 以RM1.81价钱购买的票会以RM1.80退回 Scenario 2: 没有成功进行强制性全面收购 - 公司将会除牌成为Wingtai Singapore (新加坡上市公司)的子公司。 - 六个月后可能会再offer 更高的价钱购买你手上的票。 - 公司每股的资产超过RM3.60。如果公司售卖产业得到现金很大可能发股息,小股东也一起收益。 目前为止,Wingtai Singapore 还需要2000张的票展开强制性全面收购。以RM1.81购买每股超过RM3.60资产的公司成为这间公司的小股东决对值得! 01/08/2017 8:51 PM | |