KLSE: WANGZNG (7203)       WANG- ZHENG BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.27   +0.01 (0.79%)  1.25 - 1.27  11,000
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General Meeting

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Ann. Date Date Time Type Venue View
16-May-2018 24-May-2018 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
27-Apr-2017 14-Jun-2017 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
28-Apr-2016 08-Jun-2016 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
28-May-2015 24-Jun-2015 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
02-Jun-2014 25-Jun-2014 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
04-Jun-2013 27-Jun-2013 11:00 AGM Sri Damansara Club Berhad of Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur Meeting Detail
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  wan7075 likes this.
Stead Hi oldchinaman, other than wangzeng, what other counters that you build for long term position? I too have confidence in this counter.
28/07/2018 19:58
limen12 Is your confidence the same reasons as oldchinaman, in hoping that new management will take over the operations by year end? @Stead
28/07/2018 23:15
ITreeinvestor 2019 April will prove that oldchinaman is telling a lie that fong siling ( cold eye) sold all his 1 m shares
30/07/2018 13:21
limen12 Oldchinaman a liar ? Means Fong Si Ling didn't sell his shares ?
30/07/2018 21:44
bluebiznet Definitely fong siling still interested in wangzheng. A hint to you... Not only kky have wife.. Cold eye also have wife..
30/07/2018 21:48
limen12 ITreeinvestor and bluebiznet also hold WZ?
31/07/2018 00:41
Moat Been looking at this company since this deal was done one year ago, but no improvement in financial performance of the company, i.e revenue and profits, all speculations. Why do you all think that management will start now to boost it at year end? Seems like they doing nothing since the merger. Guess oldchinaman and limen12 put money get trapped by speculations.
31/07/2018 23:08
Moat limen12 and oldchinaman nothing to say ad?
01/08/2018 22:10
cinapeh i totally agreed
03/08/2018 14:26
Bazil Hi bluebiznet, can share Cold Eye’s wife name?
03/08/2018 14:50
oldchinaman if the company is making good profit then can give good dividend ,the share price will also move up without volume, example FAREAST. only those speculating counters need huge vol to attract retallers
08/08/2018 10:28
Lim Tek Wai good price
08/08/2018 10:45
limen12 price keep on falling down. No floor no news.
17/08/2018 15:33
oldchinaman 2Q result not good
17/08/2018 23:14
limen12 oldchinaman i think ur insight on management improving performance is incorrect. The performance just dropped
17/08/2018 23:20
limen12 @oldchinaman do you still have the same confidence for new management ?
20/08/2018 11:47
Yael Jasper Good time to accumulate more and gain more profit :)
21/08/2018 11:29
calvintaneng Hi guys

I think staying here now will be a waste of your time and monies






21/08/2018 11:34
catalystor calvin...hengan is a hkd800billion company with yearly revenue of 20billion. How much can they save by procuring from a small factory like Wangzheng?

Hengan Mgmt is sending their top-level mgmt to Malaysia twice a month to integrate their operation as well as planning to introduce mid-to high end products here. Ur "spare tyre" theory does not make sense at all.

Please do ur research properly. At least go thru Hengan annual report, they clearly stated the importance of Wangzheng in capturing SEA market.
22/08/2018 20:24
catalystor ur Yilai comparison is not correct.

WangZheng was acquired as a subsidiary of Hengan Intl,a HKD800billion company.

Yilai was acquired by the third generation of Tan&Tan family as personal investment.

One is from a M&A perspective with synergistic acquisition point whereas the other one is for personal investment.
22/08/2018 20:31
oldchinaman It's ridiculous for a company to invest RM91m just to get cheap raw materials.

If it's true that the China investors' (Hengan Int) motive is to buy cheap raw materials as Calvintaneng suggested, it's also good for the company as Hengan's yearly turnover is RM11b.

Even if it's a 5% raw material deal with Hengan, it's already RM550m (this is double the present turnover of WangZng.)

This will allow the company to save a lot of expenses that would otherwise incur if they sold it to other companies and let WangZng generate higher profits as all the transactions are done internally and there are no bad debts for the inter-company transactions.
22/08/2018 21:29
limen12 oldchinaman any update on top 30 shareholders holdings?
05/09/2018 16:07
oldchinaman top 30 mostly unchanged
06/09/2018 23:08
Yael Jasper Yahoooo ! Good profit tho, can spend more already kikiki
07/09/2018 11:33
limen12 what good profit? the last quarter was poor results
12/09/2018 00:46
Lim Tek Wai Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe
12/09/2018 11:45
limen12 @Lim Tek Wai Gap up?
I dont see any movement at all. lol
15/09/2018 15:24
beige94 saw the price keep falling from 2 to 1.20 now. but little volume. every quarter doing so so. any reason to buy, anyone willing to share their analysis ?
21/09/2018 09:58
catalystor Wang-Zheng and its subsidiaries are principally engaged in investment holding and the manufacturing and processing of fibrebased products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products and processed papers. The acquisition was undertaken as part of the Group’s plan to expand its business operations and diversify its revenue stream outside the PRC. The Group will seek to leverage on its extensive experience and work with the existing management team of Wang-Zheng to grow the Wang-Zheng Group. Meanwhile, Wang-Zheng’s sales network covers the major sales channels in Southeast Asia, such as large-scale supermarkets and personal hygiene product stores. The Group will make
good use of Wang-Zheng’s current sales network to launch Hengan’s products in the Malaysian market this year, gradually entering into the Malaysian and other Southeast Asian markets with the help of Wang-Zheng.
22/09/2018 20:57
catalystor very much hinder on hengan plan to break into SEA market. growth coming from hengan execution plan
22/09/2018 20:58
beige94 Hinder meaning Wang Zheng is causing Hengan unable to expand ? Don't understand ur last comment.
22/09/2018 21:02
beige94 The merger has been 2 years I don't see any expansion also.
22/09/2018 21:02
catalystor sorry,not hinder, i meant "hinge"

hengan bought 50.1% stake in order for them to tap into SEA market. as what u just said, every quarter doing so so now because hengan yet to use wangzheng to launch their products into malaysia or other sea market. hengan management spent a year to integrate their management and resources into wang zheng. so,u ain't seeing any growth for the past few quarters after hengan taking over.

hopefully, we can see some growth soon since hengan stated they will launch their products into malaysia. hengan's own product command higher margin compare to wang zheng's.
22/09/2018 21:11
catalystor the plus point is that, wang zheng is in a stronger position now because of a strong parent backing. hengan has been looking for growth elsewhere because their home market china has saturated ( they are either position 1 or 2 in each segment). hence, wang zheng is kinda important for them to achieve growth target.
22/09/2018 21:16
catalystor should be 1 year, because they completed the deal on july 2017. prior to deal completion,they can't do anything to change the mgmt.
22/09/2018 21:18
beige94 Thanks for sharing catalystor. but seems volume is very low to accumulate which is a worry for me. so you expect the growth to kick in this year end?
24/09/2018 09:59
catalystor difficult to be 100% sure when they have not launch their new products here yet. u can increase your level of confidence once u see malaysian or south east asians starting to accept and use their products in a big way.

but it's more assuring when hengan,a hkd800billion leading wangzheng. it can be compared as the "kimberly clarke of china". at least the chances to succeed is higher compare to an unknown ABC company leading the way.

volume low can be solved if they want to. a few corporate action inviting large funds coming into wangzheng will solve the problem. jpmorgan, credit suisse are among the institutional shareholders owning stakes in hengan. the most important thing now is to launch their products successfully here 1st.
25/09/2018 23:47
beige94 @catalystor why doesn't Hengan just do the sales directly after acquiring the network. Why need go through WZ? Wouldn't that make them more money by just skipping WZ after they establish relationships with retailers ?
03/10/2018 11:16
catalystor @beige hengan need a manufacturing base in SEA to expand their market. rumours that the owner of hengan is looking for forestry assets in sabah but the mgmt refused to confirm during agm. got a feel that they are moving in big here in SEa.

by going thru wangzheng, they can utilize WZ existing network and the existing WZ old mgmt experience in Msia market. Hengan's risk should be lower because they are new in this market.

i understand your point. they can appoint supply chain expert such as DKSH to tap into msia or SEA mkt. China biz way of doing is different i guess they prefer to own a hub here since Msia is near to China. u can see many china co has own plant here.
07/10/2018 18:30
beige94 Management has not given any indication of the future of WZ in their reports which makes me worry that this is all pure speculation.
08/10/2018 10:02
catalystor u can read hengan's annual report. they stated their intention about WZ.
08/10/2018 11:03
beige94 I see. Will take a look at it. But from Wang Zheng side, there's no indication. Like u said in AGM management also not willing to share their plans to expand
08/10/2018 14:36
limen12 market drop so much with many better bargains. Sell ur Wang Zheng go for better companies rather than speculate this new management action plan to expand. hahaha
11/10/2018 15:38
cinapeh HENGAN INTL 2018 half year report dated 7.sept (pg38) said........the group will make good use of Wang-Zheng's current sales network to launch Hengan's products in the malaysia market THIS YEAR,gradually entering into malaysia and other southeast asia markets with the help of Wang-Zheng
15/10/2018 15:59
cinapeh GOOGLE search hengan intl 2018 half year result
15/10/2018 16:05
oldchinaman After reading Hengan's half year report,i believe trade war will be positive to Wangzng ,
16/10/2018 11:42
oldchinaman 3Q result always ann. on end Nov every years,but 3Q 2018 result ann. today, something is HAPPENINGGGGGGGGGGG
17/10/2018 21:25
beige94 You mean Wang Zheng releasing their Q3 today?
18/10/2018 12:14
cinapeh pls refer to bursa announcement 17.nov.
18/10/2018 15:06
beige94 Hmm, if early release means something is happening? I don't see any notes in the report stating something is happening. Can someone please help explain.
20/10/2018 12:44


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