KLSE: WTHORSE (5009)       WHITE HORSE BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.65   +0.015 (2.36%)  0.63 - 0.65  43,400
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Market Cap: 156 Million
NOSH: 240 Million
Avg Volume (4 weeks):92,115
4 Weeks Range:0.615 - 0.74
4 Weeks Price Volatility (%):
52 Weeks Range:0.58 - 0.885
52 Weeks Price Volatility (%):
Average Price Target: 0.74
Price Target Upside/Downside: +0.09
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2021 [#3]  |  26-Nov-2021
Next QR | Est. Ann. Date: 31-Dec-2021  |  25-Feb-2022
T4Q P/E | EY: -3.26  |  -30.67%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.46  |  0.26
T4Q NP Margin | ROE: -12.23%  |  -8.10%


Date Subject
23-Jun-2021 PublicInvest Research Headlines - 23 Jun 2021
23-Jun-2021 Mplus Market Pulse - 23 Jun 2021

Business Background

White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic tiles and provision of management services. Geographically it operates through the regions of Malaysia, Vietnam, and Others. The Malaysia segment includes manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include distribution of ceramic homogenous tiles in Indonesia, Philippine, Singapore, and Thailand. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles, and porcelain tiles. The firm generates the majority of revenue from Malaysian segment.
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  2 people like this.
dompeilee Could be technically insolvent so sell left, right, centre, despite crystallising massive losses to raise funds 2 fill black hole from Naj is' time.
13/04/2021 10:13 AM
13/04/2021 10:30 AM
dompeilee T + 1, T + 2 liquidation of gamblers with no intention 2 pay coming lo...lol
14/04/2021 9:15 AM
dompeilee Particulars of Shareholder 36

NRIC/Passport No./Company No. : 201801045610 (1307
Nationality/Country of Incorporation : Malaysia

Tingkat 7, Bangunan Setia 1, 15 Lorong Dungun, Bukit Damansara, 50490 KualaLumpur Wilayah Persekutuan Malaysia

Descriptions (Class and Nominal Value):
Ordinary Shares

Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com

Details of Changes

Date of Notice : 12/04/2021

No. Date Transaction Type No of Shares Price (RM)
1. 09/04/2021 Disposed 132,800 -

Circumstances by reason of which change has occurred:
Disposal of shares

Nature of Interest:
Direct Interest


No of Shares Held After Changes:
Direct : 18,238,100 shares (8.0090%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 18,238,100 shares
15/04/2021 2:54 PM
dompeilee Speculatively bought some WTHorse @ 66.5c & recommended 2 preferred clients =)
16/04/2021 9:30 AM
mf 19-Apr-2021 Insider URUSHARTA JAMAAH SDN. BHD. (a substantial shareholder) disposed 2,000,000 shares on 13-Apr-2021.
19/04/2021 2:03 PM
llrr77 Any reason it will explode?
14/05/2021 9:29 PM
Hew Kiong Peng George sell vietnam land n factory gain 24sen.today rocket up
23/06/2021 7:59 AM
jeffrey7817 Resistance at 73cents
23/06/2021 2:59 PM
thesteward Escaped wthorse yesterday 72 kept for 3 months di kena trapped last round . Phew!!!
24/06/2021 1:30 PM
Musfaz83 high NTA
24/06/2021 4:18 PM
thesteward Be careful
24/06/2021 5:09 PM
thesteward Many retailers chase at 69-72
24/06/2021 6:17 PM
kyy_superinvestor Just buy....follow me
24/06/2021 8:32 PM
Musfaz83 they shud take it private
25/06/2021 8:44 AM
Musfaz83 up 10c
25/06/2021 11:34 AM
Musfaz83 laii
25/06/2021 4:40 PM
DobitaLim Limit down soon
27/06/2021 8:13 PM
Musfaz83 still hold
28/06/2021 10:42 AM
kyy_superinvestor I heard Guan ni ma said tommorow whitehirse will fly to the sky
12/07/2021 10:57 PM
risktoreward collect @ 0.655
26/07/2021 11:01 AM
risktoreward sold all @ 0.845 for 30% gain
09/08/2021 4:10 PM
7chewe WTHORSE catch my attention as it fulfilled limit up criteria. Price has been high previously and now drop to bottom.

Can obviously see low volume previously, and lately a bit active. Just break recent high. To verify why, we notice they selling a piece of land worth RM 113.45 million. This could translate into RM 0.472 per share. After checking into balance sheet, not hard to see they are quite cash and asset rich which have NTA above RM 2.00. Selling this piece of land will bring them into net cash position of roughly RM 0.525 per share. Special dividend might be potentially announce after this land disposal deal.

Since NTA (property and plant) worth above RM 2.00, and cash so rich, I wound think that if boss wanna do privatization, it should give a price tag of at least RM 1.30-RM 1.80.

10/08/2021 8:12 PM
10/08/2021 8:13 PM
7chewe White Horse: Disposes of land in Vietnam for RM113m. White Horse is disposing of a piece of leasehold land with buildings in Vung Tau, Vietnam for RM113.45m. The group is selling the land measuring 278,511 sqm to Vietnam's Viglacera Tien Son Joint Corp. The disposal is expected to improve its bottom line in the long run as the ceased operation in Vietnam would reduce its loss position. (The Edge)
10/08/2021 8:14 PM
7chewe White Horse disposes of land in Vietnam for RM113m

KUALA LUMPUR (June 22): Ceramic tile maker White Horse Bhd is disposing of a piece of leasehold land with buildings in Vung Tau, Vietnam for RM113.45 million.

The group is selling the land measuring 278,511 square metres to Vietnam's Viglacera Tien Son Joint Corp, it said in a bourse filing.

White Horse said the disposal is expected to improve its bottom line in the long run as the ceased operation in Vietnam would reduce its loss position, besides consolidating the production facility in Malaysia.

The expected gain from the disposal is RM58.3 million, the group added.

White Horse's share price rose one sen or 1.63% to 62.5 sen today, giving the group a market capitalization of RM148.79 million.

10/08/2021 8:17 PM
dompeilee dompeilee Speculatively bought some WTHorse @ 66.5c & recommended 2 preferred clients =)
16/04/2021 9:30 AM

SOLD all my WTHorse for 85c =D
17/08/2021 9:53 AM
dompeilee Re-purchased WTHorse for 70c today.
03/09/2021 6:29 PM
Degil88 BUY TP 1.50
06/09/2021 11:12 AM
dompeilee Flyyyy!!!
09/09/2021 9:09 AM
dompeilee FLYYYY some more! =)
09/09/2021 9:58 AM
15/09/2021 11:36 AM
kyy_superinvestor I have sold all... bye-bye whitehorse
27/09/2021 1:29 PM
risktoreward Enter at 0.715
28/09/2021 3:50 PM
kyy_superinvestor I buy back again coz I heard whitehorse will increase asp by ten percent next week...hehehe
02/10/2021 6:45 PM
risktoreward Added more at 0.705
05/10/2021 5:33 PM
dompeilee Cannot jump already lo...so how?
12/10/2021 9:04 AM
risktoreward Yeah, need to hold 2-3 months more. I have a guessing how this will pan out
12/10/2021 9:47 AM
dompeilee Gooo WTHorse!
22/10/2021 10:30 AM
dompeilee Hang on tight & ignore the tin kosing...empty vessels make the most noise a.k.a tin kosong paling bising...sesuai diisi dgn t@hi lol
25/10/2021 2:57 PM
risktoreward Wah surprise surprise
25/10/2021 4:37 PM
risktoreward Can change name to dark horse dy
25/10/2021 4:38 PM
dompeilee dompeilee Re-purchased WTHorse for 70c today.
03/09/2021 6:29 PM

Cut profit on WTHorse @ 78.5c
26/10/2021 9:35 AM
dompeilee LOL @ the psycho vomiting & ranting all over i3
26/10/2021 12:39 PM
risktoreward Director buying
26/10/2021 10:18 PM
dompeilee Hmmm...forgot I still hv WTHorse in my margin a/c bought @ 70.5c early in Oct =)
27/10/2021 3:15 PM
jokerforever21 Post removed. Why?
27/10/2021 3:17 PM
dompeilee Too many counters...here, in HK, SG, US & Japan...easy 2 forget esp when sometimes one counter has been bought in 2 or 3 trading accounts in different banks lol Like yesterday I saw the name Nippecraft & recalled buying in 2017 but then couldn't remember if I had sold or not...had to check...
27/10/2021 3:48 PM
dompeilee flippratapang72sai cannot deny he got HURT badly...now haunting i3 to kowbehkowbu LOL!!!:

pang72 I all in maybulk, so how leh?
You quit kah?
08/10/2021 3:25 PM

pang72 Lucky I bought so much..
People will jealous me when end Nov QR out!!
08/10/2021 5:34 PM
29/10/2021 7:46 AM
davidkkw79 Congrat ! Very Chun chun QR out !
26/11/2021 7:55 PM


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