Instant profit for more than 50% in WC in just one day. I already mentioned many times this counter has no problem, it is the weak market sentiment that makes this counter fall, so when sentiment turns good, definitely will up!

26th January will release Q4 report, and latest announcement is that EPF started to buy WCT on 18th January after disposing for so long. Faster buy before its too late!

Based on my experience in Bursa, when warrant is about to expire ( about few weeks to 1,2 months ), they will goreng the mother so they can benefit. Too many similar cases happened, the most recent one is GCB, but advise is to make sure you sell it off at least 1-2 weeks before expiration date to avoid any unnecessary risk. Current price is attractive.

Added some between 1.48-1.51.

It is still not oversold technically, just touching oversold soon, and usually strong rebound only happen when it is deeply oversold. Power96, where you learn this thing? you need to learn more accounting and finance. I never heard of such thing in my life.

For warrant holder, it is suggested to hold. Now mother share is on support 1.52 (last resistance before breakout) and also on 50 MA. Meanwhile, indicators indicate the counter is touching oversold level. So, if tomorrow has normal or good sentiment, I expect a rebound.

Company itself has no problem, it is the weak market sentiment. Please refer to other counters and see how much more they fell.

Some people never earn from market. After strong selling, then only he sell at consolidation on support level, by the time he sold, people come in to buy then price goes up. When price goes up to high alrdy, he goes in to buy, by the time he bought, people already start dumping. This is a typical retail investor where lost money in the market most of the time. I see a lot here.

Few weeks and months later you will see power96 promote wct, then again after he will criticise, then promote. He will just comment on his favour. Welcome to the reality of stock market and humanity.

Shark, dont misinterprete market, the volume is so small, its normal price is not moving, does not matter with the syndicate, if only volume is big then I might say syndicate is there doing thing.

Despite weak sentiment, still managed to close higher than opening. Must hold and continue add whenever fall.

Buy

Wa you all no work today? so free keep watching

I am nobody lol. Just my two cent, dont hurry to sell after breakout, continue to hold first to maximize your profit. It can go beyond 1.8

errr... bro? oil has been dropping since 130+ USD since 2014, why are you still in this forum? There are people who might have solid theory knowledge but not experience. Think about it if now only you're telling me about the oil crisis to our nation. If you said so, you should have left here more than a year where all the USD export counters rose more than 100%-300%. There is no good or bad market, the only problem is whether you know how to invest/trade. If you don't know, only good market is seem to be good for you.

Yes, that's why you need to be wise in picking stock.

Chart wise, please sell off UEMS if you still have it. The volume is not high, but it just broke down from the major support. You can try to bet to see if tomorrow will rebound but its very dangerous. UEMS possible going 0.95

Some people might think EPF selling will cause downtrend. Well, EPF already sold millions of WCT yet it sustained above 1.6, what do you explain? It implies that many people are buying up this counter and the huge selling was well absorbed. Besides, warrant usually will be shot up when it is close to expiration date, not sure if this is done by the company or what, but I have seen this on many counters, eg : MYEG-CK, SUPERMX-C1, etc. So watchout WCT-WC which will be matured in within 2 months.

Yes. Apparently the budget is trying to boost on infrastructure. Construction companies will be benefit.

Apparently the warrant is not for the purpose of getting cheaper mother share price. Moreover, you cannot calculate warrant in that way, market is irrational, don't apply directly from the textbook you learn, you need experience from the real market. Looking at MYEG-CK, when it left not more than 2 months to expire, it goes up from around 12 cent to more than 40 cent, how do you explain this? Conclusion is, does not matter all the theories you all said, mother share price up, warrant definitely will up then, especially for the warrants which are closer to expiration date, fluctuation is higher, thus it is higher risk, higher return.

Despite of weak market, many shares falling weekly low or monthly low, wct ended up close high.

Theoretically private placement means share dilution. Whoever said only this i seen him having wooden brain or just a book nerd. If theory simply apply like this can earn money in stock market then no people lose money already. Theoretically yes, dilution, but it depends on company condition and placement for who. This large private placement is for the largest shareholder and also the boss, simply indicate the confidence of the company performance in the upcoming quarters. Who the hell will know more about the company comparing to the founder? You think if the performance is bad he will throw like 8 nillion RM to buy the share? Epf disposal? Come on, epf is only a shareholder, a larger shareholder than us, you think they know how the internal thing goes? Definitely no. Unless some special big issue then maybe they will be informed for the insider news. Besides, wct has many projects on hand and may be receiving more government project this year. Boosting up the conpany's financial condition is very necessary especially for construction company. Its good the cash has been enhanced since usually one of the worries for construction company is that they have high debt or very less cash.

Aiya epf buy sell so often why so over reacted sia. Epf strategy, buy low sell high. As simple as that.

Eatenbyshark. You have followed me in other stock right? Tell me now which stocks didn't fly? and wasn't it like WCT now when i recommended? Think about it. If you only buy when its strong, means big player is about to throw alrdy. Now sustaining in 1.6-1.63 is very good for me. Buy sell up to you.

When you see media is keep publishing news for a counter, especially theedge, you have to be ready.

http://www.theedgemarkets.com/my/article/ongoing-debt-reduction-process-wct

Ongoing debt reduction process for WCT

WCT Holdings Bhd ( Valuation: 2.00, Fundamental: 0.80)
(Jan 11, RM1.61)
Maintain buy with a higher target price (TP) of RM1.90: WCT Bhd’s executive director provided insights into the company’s three-year strategy for the FINANCIAL year ending Dec 31, 2016 (FY16) to FY18. Its recovery process is ongoing to reduce its debt and increase its operating cash flow. Altogether, we reiterate our “buy” recommendation on WCT, with a revised TP of RM1.90 per share.

The key takeaway from the visit is that the debt reduction process is ongoing. WCT has taken measures to reduce its target total debt ratio from 1.06 times (RM3.9 billion) to 0.5 times (RM1.8 billion) in its new three-year business plan.

Ongoing measures include cost optimisation through capital expenditure minimisation of engineering machinery by project concentration, cash injections from the recent sale of Rawang land to UEM Sunrise Bhd ( Valuation: 2.60, Fundamental: 1.50) for RM200 million, and the proposed listing of Paradigm PJ and Gateway@klia2 malls via a real estate INVESTMENT trust (REIT) structure in the fourth quarter of FY16 (4QFY16) amounting to RM230 million.

Additionally, in the upcoming quarters, the proceeds of Lusail project in Qatar (from 1QFY16 to 2QFY17) amounting to RM903.9 million and the listing of its construction arm with a possible implied valuation of 1.2 times, which amounts to RM1.2 billion (book value: RM1 billion), in 3QFY17 would potentially be major catalysts to reduce its debt further and increase its working capital.

WCT’s FINANCIAL headroom was reduced further when the property market softened in early FY15 and cash proceeds from property sales fell short of expectations. WCT’s strategy is to decrease its capital expenditure, which averaged around RM167.7 million for the past three years, by concentrating its new tenders in its current construction projects. This was evident by the concentration of tenders for new work packages for S-1, S-2 and S-4 of Kwasa Damansara township.

By applying the strategy of project concentration, WCT could have more advantage over other project bidders, due to a lower cost of tender from less mobilisation fees and performance bonds. Regularly, the combination of mobilisation fees and performance bonds ranges between 10% and 12% of the total contract value.

WCT’s total outstanding order book is RM2.87 billion, underlining sustainable EARNINGS for FY16 and FY17. We believe that WCT’s order book replenishment target of RM1.15 billion for FY16 will be met through its concentration strategy.

We revised our FY16 and FY17 FINANCIAL projections by imputing WCT’s strategy to decrease debt, improve its cash flow by minimising capital and development expenditure, and focusing its efforts on project concentration, and an uplift of the current value of its R2 and R4 land in Taman OUG, Kuala Lumpur, which will be launched in 2QFY16.

Challenges to our assumptions would be failure to obtain cornerstone investors for the proposed listings of its REITs and construction arm, failure to obtain credit-line facilities for project finance due to a high debt level, project cost overruns and delays in project implementation. — MIDF Research, Jan 11

Those who have no faith please sell off and leave. You think stock market is place to gamble? once place bet you want to win money immediately? I am pretty sure those people behaving like this will never win money in stock market in long term.

Anytime will rebound, just hold and buy more when price fall on the support.

I will continue buy when price fall. Only newbie will be afraid and sell off now.

Another research house raise TP for WCT
http://www.theedgemarkets.com/my/article/midf-research-maintains-buy-wct-raises-target-rm190

UOB top pick stock. Affin just raise tp after latest new. The edge stock pick. Sin chew stop pick. Many fb groups are discussung this counter. Volume comes in last friday with big buy of 4 million.

For mandarin version : http://klse.i3investor.com/blogs/sin_chew_hot_stocks/89496.jsp

Many investment groups are talking about WCT and select it as top pick for the upcoming week. Be prepared to hold and let the profit run!

Possible RM 2 by this month.

Dreamsubjugator. Latest TP by affinhwang after news of separation of construction and shopping mall is RM 2.16 (34%).

Time to start clearing off your export/furniture counters or at least reduce it in your portfolio. Unless USD/MYR can 4.8. Profit expectation has already reflected in current share price, quite pricey already, and you now can realise those counters stop moving or start falling, eg, HHGROUP, HEVEA, POHUAT, etc. It may still goes up but potential quite low already. 2016 more likely to be construction year, many cheap company holds a lot project on hand.

Yes exactly earth. Indeed its a wise decision done. Will benefit the shareholders and the business itself.

WCT plans to separate listing jts construction and shopping complexe. Analysts seeing this as positive sign, more projects can be received, its eligible for borneo highway project, MRT 3 project, rapid, kwasa, etc project. Currently 2015 project order has rose to 5.6 billions, which is 4.7 times higher than its 2014 construction income. Affin hwang rose TP from 1.84 to 2.16 after this news.

There are people here in this forum like to spread rumour in order to favour their position. I have experience this too much in this forum. Eventually all their childish action has no effect because they are nobody, only innocent new investor might listen. Time will prove. You have right to say buy or sell but please be responsible, tell it with a fact.

What is something? You can tell in more detail? Or you just simply say based on your personal feeling? Lol

Because people are expecting mother will not fall below 1.6 and rebound back, and in fact it has very good support at 1.6

I am only worried if price does not come down. Thank you for selling down, collected again at 1.61.

Syndicate doesn't go in and out so fast. It is good to continue absorb the selling but sustaining above the support.

haha no worries. I buy at whatever price it falls. I am not worried if price falls but only worried if price goreng up too much.

Eatenbyshark, you again haha

hng33 you can recommend your trading but don't need to report all your buying and selling lol.

Big shark in. Little people on queue but large purchasing power.

If today close at 1.67 or higher. It is a bullish sign for strong buy!

I already advised and mentioned I collect at whatever price it falls, congratulation for people who listened.

Wow! its moving now! continue to hold until breakout and go beyond 1.7!