You probably never heard of WELLCAL. One reason is because very few research analysts cover them. 

Why WELLCAL?

Solid stock, stable business. Sleep soundly after investing.

About WELLCAL:

1. 15 years of being listed on Bursa

Publicly-listed since 2006. Listed on Second Board, later transferred to the Main Board. 

2. 15 years of profitability (unbroken)

Not even Covid-19 could stop it. 

3. Stable growth

Wellcall grew from exporting to 51 countries to 70+ countries. Revenue of less than RM100mil. grew to >RM130mil. 

4. Never failed to pay dividends for 15 straight years since listing (take note, dividend lovers)

Dividend pay-out ratio? At least 50%. 

6. Diverse

>90% of hoses exported to different regions. (Middle East, Europe, US, Asia, Africa, etc)

6 major application markets. (air & water, welding & gas, oil and fuel, automobile, ship building, F&B)

RISKS:

Low market demand, high raw material costs (rubber), weak US dollar.

CONCLUSION:

Wellcall has good fundamentals. Stock price is reasonable. Business seems to be recovering. Daily transaction volume is rising. A stock worth watching.