AncoraImparo3168
2 posts |  Posted by AncoraImparo3168 > Sep 12, 2018 1:41 PM | Report Abuse
Willowglen share price has dropped quite a bit since the bonus issue. About 46 sen now. |
Lim Tek Wai
2383 posts | Posted by Lim Tek Wai > Sep 14, 2018 11:27 AM | Report Abuse Best timing to invest now, buy more earn more hehehe |
GoldenHarvest1
231 posts | Posted by GoldenHarvest1 > Sep 16, 2018 9:53 PM | Report Abuse Weak volume |
crabken
49 posts | Posted by crabken > Sep 26, 2018 11:57 AM | Report Abuse good news coming?? |
fanchong
70 posts | Posted by fanchong > Oct 1, 2018 11:01 AM | Report Abuse good news, seems like it |
jibbie
520 posts | Posted by jibbie > Oct 6, 2018 12:33 AM | Report Abuse insiders already knew the good news earlier. now waiting to offload |
Atlan
65 posts | Posted by Atlan > Oct 8, 2018 12:24 AM | Report Abuse Limit up today |
hello0309
41 posts | Posted by hello0309 > Oct 8, 2018 9:01 AM | Report Abuse willow up |
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hello0309
41 posts | Posted by hello0309 > Oct 8, 2018 9:02 AM | Report Abuse get new contract |
hello0309
41 posts | Posted by hello0309 > Oct 8, 2018 9:43 AM | Report Abuse www.theedgemarkets.com/article/willowglen-bags-rm13936m-contract-gemasjb-electrified-railway-project |
Secret
198 posts | Posted by Secret > Oct 8, 2018 9:43 AM | Report Abuse Lets up to 0.650! |
Zainal Abas
4 posts | Posted by Zainal Abas > Oct 8, 2018 11:06 AM | Report Abuse plz UP |
hello0309
41 posts | Posted by hello0309 > Oct 8, 2018 11:06 AM | Report Abuse http://www.klsescreener.com/v2/news/view/440238 |
hello0309
41 posts | Posted by hello0309 > Oct 8, 2018 10:28 PM | Report Abuse up up up |
PresidentRotiCanai
144 posts | Posted by PresidentRotiCanai > Oct 29, 2018 8:07 PM | Report Abuse Sick, no volume |
fox8
13 posts | Posted by fox8 > Dec 1, 2018 11:01 PM | Report Abuse In the end years 2018 hope willowglen msc gets a new project... |
commonsense
439 posts | Posted by commonsense > Mar 2, 2019 9:46 PM | Report Abuse The profit of only RM11.1mil in FY18 is a fall of more than 40% from what the company managed to achieve a year ago (FY17 profit was at RM18.7mil). At the current share price, the company is being valued at more than 20x PE which is relatively high given the negative growth of profit.
Future growth of the company will still be driven by its SCADA solution which in the long run should bode well for the company. The company focus in cyber security solution could also be a growth potential for the company. However, investors might need to be a bit more patient for the company to churn out the expected profit growth. I doubt that substantial profit growth can be achieve in 2019.
If you are looking to diversify your portfolio outside of Willowglen (due to its relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.4x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.
FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models which will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).
Given the very good result in 4Q18, the company is expected to achieve a profit of RM200mil for the full year of 2019. At the current share price, the company is being valued at a very low PE of only 5.3x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.
Good luck. |
