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Overview
Financial Highlight
HeadlinesNo recent Headlines for this stock. Business Background WMG Holdings Bhd operates as an investment holding company. The company through its subsidiaries is engaged in manufacturing and sale of plywood. Its operating business segments are timber processing segment is involved in the manufacturing and sale of plywood, investment holding segment is involved in business investments, and Others represents the provision of corporate services.
 Be the first to like this.   ibull any Sifu know the latest for Tekala RTO?...is it still ....exchange 1k Tekala for 1,330 WMG shares at 0.50sen? 10/04/2017 3:09 PM Ding Dingsheng welcome wmg ,33% share more for convert tekala,wmg par value is 50cent.but we focus the new profit company wmg,the new kuda hitam will run out. 10/04/2017 3:25 PM Ding Dingsheng example:if tekala closing price is .70,for the wmg opening listing price is 0.525,because divide 1.33. 10/04/2017 3:48 PM Ding Dingsheng PARAGRAPH/RULE 8.03A COMPANIES : MONTHLY ANNOUNCEMENT TEKALA CORPORATION BERHAD Type Announcement Subject PARAGRAPH/RULE 8.03A COMPANIES MONTHLY ANNOUNCEMENT Description TEKALA CORPORATION BERHAD ("TEKALA" OR "COMPANY") ANNOUNCEMENT PURSUANT TO PARAGRAPH 8.03A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD The Board of Directors of Tekala wishes to inform that there has been no material development on the status of the Company's regularisation plan since the announcement made previously on 3 April 2017. This announcement is dated 2 May 2017. Announcement Info Company Name TEKALA CORPORATION BERHAD Stock Name TEKALA Date Announced 02 May 2017 Category General Announcement for PLC Reference Number GA1-28042017-00030 03/05/2017 11:19 AM goodforce On behalf of the Board of Directors of Tekala, HLIB wishes to announce that the SC has, vide its letter dated 16 May 2017, informed that it has no further comments on the Circular and Explanatory Statement to the shareholders of Tekala to be issued in relation to the proposed regularisation plan. This announcement is dated 16 May 2017. 17/05/2017 12:55 AM Ding Dingsheng waiting company share holder21.6.17 if shareholder aprove the tekala convert to wmg,that is so good new. 07/06/2017 1:20 PM  birkincollector 1000 tekala shares into 1300 WMG shares. Issued price is 0.50 per WMG shares. So Tekala should be at least 0.660? 22/06/2017 8:45 AM Tom 当然还在这里，只是转换成wmg股，预计在下个星期上市 Posted by ding9007 > Jul 28, 2017 11:52 AM | Report Abuse 去哪里知道几时上市？ 28/07/2017 12:04 PM UndukNgadau Current Directors are cow head. Hopefully Ben Kong & Kong Kok Wah will come back to WH. Till then, it'll slowly drop to 0.29¢ 14/09/2017 4:45 PM skybursa Project just launched after RTO. Hold for long term & don't expect to see turn over in a short time coz properties projects takes few years to complete. 03/11/2017 12:25 PM commonsense This is a property developer company that has never been able to deliver any profit for the past 9 years since 2010. Those that think the company could suddenly turnaround and deliver profit in FY19 is putting too much hope on the company’s management ability. The most probable outcome would be another loss year for 2019. The company is also facing liquidity issues. They have a short-term liability of RM113mil but only RM13mil of cash reserve. Unless the company can sell some of their lands quickly, the most likely event would be an equity capital raising (private placement or right issues). If you are looking to hedge your portfolio outside of WMG Holdings (due to its weak earnings outlook and also weak balance sheet), 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 6.5x 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, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well). MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.4x 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. 21/03/2019 12:57 PM |
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