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Overview
Financial Highlight
HeadlinesBusiness Background WZ Satu Bhd is a civil engineering and building contractor company and undertakes infrastructure development projects. It operates its business through its subsidiaries. The company's product and services include Securing and carrying out construction contracts, contractor, subcontractor, carry on fabrication and assembly and testing work, trading and after service of products for oil and gas industries, mining operations and activities, manufacturing of steel products, trading of steel products, Investment holding. It generates most of its revenues through the sale of steel products.
  tumbler Ya I know , just now 0.235 accumulate 200 big lots . Now eating popcorn see show only. If drop again , accumulate somemore. 19/11/2019 2:23 PM Sneakpeek lost for the past 2 years has effectively wiped out all the previous profit..now to bid project no money need to issue ICPS. 21/11/2019 9:33 AM gsrajan Knowledge Sharing http://guruonlinenews.com/bauxite-mining-market-with-economic-growth-and-five-forces-analysis-by/ 21/11/2019 1:33 PM michaelwong Proposal for right issues have dampened the share price . The share price b4 the announcements have started to move forward pending approval for lifting ban on bauxite. Now , the reversal.......Sian already . Shared dilution and investors have to prepare to fork out money for right issues subscribtion 22/11/2019 7:55 PM gsrajan https://www.theedgemarkets.com/article/wz-satu-bags-rm121m-construction-job-kedah-rubber-city?type=malaysia 26/11/2019 5:51 AM seanlee16834 The right issue will only be completed in 2Q,2020. Still got 6 months to go up 26/11/2019 7:08 AM azta12 KUALA LUMPUR: WZ Satu Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png has been appointed as contractor to undertake earthworks and infrastructure works for Phase 1 of the Kedah Rubber City (KRC) project (Package 1) worth RM121.5mil. Its wholly-owned construction and civil engineering subsidiary, WZS BinaRaya Sdn Bhd, has accepted the award from the Northern Corridor Implementation Authority (NCIA), the company said in a filing with Bursa Malaysia. WZ Satu said its unit’s scope of works covered the earthworks, infrastructure works, reservoir tank, bridge works and street lighting services. The project, located in Padang Terap, will begin on Dec 2, 2019, and completed by Dec 2, 2021. — Bernama 26/11/2019 9:28 AM Sneakpeek WZ SATU BERHAD: (MYR0.215) Kedah Rubber City project in the pocket but… Maybank IB Retail Research WZ Satu’s wholly-owned subsidiary WZS BinaRaya S/B was awarded a MYR121.5m contract to undertake earthworks and infrastructure works for the Kedah Rubber City phase 1 project for the Northern Corridor Implementation Authority. The project, which will commence on 2 Dec 2019, is expected to be completed by 2 Dec 2021. While this project win is positive, execution is key to success. The group was in the red for the past two years. In FY8/19, results were dragged by its civil engineering and construction division as well as the oil and gas segment. That said, the group has an order book of about MYR756m in hand, which could keep the group busy over the next one year. As for its bauxite mining, operations have not resumed to date, pending government’s directive. As operational risk is real, investors may want to stay on the sidelines until the group returns to profitability. It is understood that management is undertaking cost rationalizing exercises, which include but not limited to downsizing of workforce and rationalization of resources. Meanwhile, its net gearing was at 0.56x at end-Aug 2019. Valuation wise, the stock is trading at a P/B of 0.80x, a tad below its 3-year historical average P/B of 0.85x. Note that warrants are not included in BV/sh computation as they are out-of-the-money. 26/11/2019 12:54 PM tumbler Dont worry got AGONG mah.AGONG company sure got a lot of business on the way. Actually AGONG counter more safer than TUN M or ANWAR counter. 27/11/2019 5:16 PM jutawansenyap News must come with technical move first.That is call operator will sell on news.I see big collection 19.5 cents. Will have technical move next week. 29/11/2019 9:03 PM armadatuah2017 Dont blindly tap in despite current price does look attractive. RI soon as the company is running out of cash flow. So expect it will be goreng to the highest possible to have better RI price despite capping at Rm0.13 as minimum. It is a risky counter but the tide will be there 30/11/2019 6:49 AM armadatuah2017 How many projects secured dont matter if continue sufferng losses. 30/11/2019 6:49 AM tumbler Agong in the house , scare what. Me accumulate 750k shares , want to accumulate another 1mil shares. Better drop until 0.13 cepat , let me accumulate somemore 02/12/2019 3:35 PM GG7448 41 mil shares traded off market yesterday @ 0.220. Another positive news coming? 05/12/2019 8:23 AM VerySmallFish What is happening here, klse is so bad movement on sentiment not fundamentals 06/12/2019 12:17 PM  |
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