Hi everyone today we are going to talk about WELLCAL
Maybe some of you may be wondering what is this company all about well let us guide you through what is WELLCAL is all about
Company Profile
Wellcall Group are a global and the largest industrial rubber hose manufacturer in Malaysia. Since its inception in Malaysia in 1996, starting from manufacturing and selling rubber hose to 3 major application markets, we have expanded to more than 6 major application markets, which include, the air and water, welding and gas, oil and fuel, automobile, ship building and food and beverage.
After looking into their profile we saw that WELLCAL has some real strong potential and let us share some of the reasons
1. WELLCALL fundamentlas are very strong and stable despite with the Covid-19 pandemic they didn't falter
2. WELLCAL gives out consistent dividend every quarter which translates to a 4.71% dividend yield and this is way higher than your Fixed Deposit
3. The company has some strong operating cash flow and management is upbeat about their prospects
Lastly let's see some of the information gathered from SimplyWallSt website on WELLCAL to understand its fundamentals
With all these being said we strongly believe WELLCAL is a stock that one shouldn't miss.
Disclaimer: Author is just sharing his/her opinion therefore this shouldn't be deemed as a buy/sell call. Kindly seek advise from your financial advisor for more information.
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