WASCO posted highest revenue 800 million and highest profit 35 million since Dec 2017.

On 28th Feb 2018 WASCO reported the highest revenue, highest profit ever for QR ending Dec 2017. Share price peak at RM 1.65 and moving south after the peak.

This round how far the share price could go??

Italian mafia buying. Must be big project announcement soon.

WASCO already RM1.25 congratulations to thus bought below RM 0.60!!! 100% gain already!😊😊😊

Today’s Stock Picks｜WASCO could rise 42% as demand for oil and gas picks up
Chinapress Thu, Jan 18, 2024 09:11pm - 1 hour



Brokerage: RHB Investment Bank Research
Investment recommendation: Buy
Target price: RM1.43
Closing price: RM1.06 (as of January 18)
Earnings per share: 14 sen (estimated for FY2024)
Price-to-earnings ratio: 7.44 times (FY2024) Year estimate)
Dividend yield: - (FY 2024 estimate)
ESG score: 2.8 points (out of 4 points)

Thanks to the strong demand for floating production, storage and offloading vessels (FPSO) and natural gas projects, which has led to an increase in recent profit potential, order volume and bidding volume, we are optimistic about WASCO (WASCO, 5142, main board energy), with a target price of At RM1.43, it is expected that there is still room for growth of 42%.

In the long term, we believe Huasike can seize the opportunities brought by the global energy transition wave and leverage engineering, procurement and construction (EPC) and pipe-coating capabilities to achieve sustainable growth in the bioenergy sector.

As of the third quarter of 2023, Huasike holds orders worth RM3.6 billion, 92% of which are related to energy services, followed by bioenergy services (8%). The company is bidding for about RM7 billion in projects, mostly in the oil and gas sector in West Asia, Australia, Africa and Malaysia.

Hohoho challenging 52 weeks high today!!

Happy new year!!! Wishing you and your family a safe, healthy, and prosperous new year! 🎉🎉🎉

Italian Mafia bought another 200K units. 💪

Auntie Huang jealous ke?

This counter moving on 45 degree up trend. Business is on the right track, expected more mega projects announcement soon. Current PE is just historical reference. Investors should look at future.

Congratulations to thus holding Wasco from RM 0.5x almost 100% gain!!

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations | https://www.klsescreener.com/v2/news/view/1240587

Congratulations! Wasco back to 1.00. let's challenge the next level !

3 consecutive quarter recorded profit! Well-done WASCO !

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5975435

Open on WASCO`s 1 year chart, you will find a 45° uptrend line. Consistently moving up.

QR report is coming maybe within this week, more project construction progress recognized in this quarter. The results is expected a good one.

Land disposal recently for consideration of RM 40 million, disposal gain about RM30 million. Use to repay load and as working capital for new projects!


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS | https://www.klsescreener.com/v2/announcements/view/5804583

Big boss also top up recently!

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' SERI ROBERT TAN CHUNG MENG | https://www.klsescreener.com/v2/announcements/view/5798745

2.70 broken already. Next challenge 2.55 or lower.

Vincent8864


Dropping toward 2.70 or lower.

Vincent8864

Hibiscus could break 2.70 at the bottom channel. If got profit better take now.

1 day ago

5 days ago

HLB`s TP 1.27

https://www.klsescreener.com/v2/news/view/1223115

美元强马币弱 科技油气制造手套业获益 | https://www.klsescreener.com/v2/news/view/1223459

Major project announcement soon

Finding the direction. Maybe Harta and Kossan could bring good news.

Last year :
Kossan 02 Nov 2022
Harta 08 Nov 2022

Should be same week.

Could be lower. 2.70 broken!

See Kossan`s QR result 1st week of Nov first.

Dropping toward 2.70 or lower.

Vincent8864

Hibiscus could break 2.70 at the bottom channel. If got profit better take now.

1 day ago

Long time no project announcement. Good warming up!
More to come!
https://www.thestar.com.my/business/business-news/2023/10/24/wasco-unit-secures-rm161mil-contract-from-schneider-electric-france

Break 0.60 first then moving up slowly

Drop because of the new toll??

Expected going down 0.5x.

Impairment lost ghost hunting the price.

Hibiscus could break 2.70 at the bottom channel. If got profit better take now.

Lolz so many spammers and crooks here! Open party?

Sold land with almost 400% gain!!

https://www.klsescreener.com/v2/news/view/1216491

Wasco already standing firm above MYR 1.00 out of penny stock. New projects announcement coming very soon. In Oct should have new project.

Could break 0.30? Oil and Gas theme is confirmed. Very soon everyone talk about Oil and Gas counters, the price will be skyrocketed!

Just follow the Italian Mafia buy timing. So far price going up after Mafia bought the stock.

International O&G company participated in mega projects just market valuated 0.771 billion.

Look at some local player's market valuation:

Dayang 1.67 billion
Velesto 1.93 billion

Is WASCO lousy company?? Look at the order book and future earning forecast. I believe it is undervalued.

Italian mafia boss already put in his bet in Wasco. Keep increasing his stake.
He knows very well what coming soon.

Coming Soon.....Stay tuned for Italian Mafia show time.

Good progress today. Already anticipated very good profit from next quarter onward. For at least 1.5 years.

Key project win announcements also in the pipeline. Break 1.20 in no time!

MD Mr. GIAN CARLO MACCAGNO keep buying from open market. He is optimistic about the future months earning and future project wins!

Higher PETRONAS capital expenditure to spur sector | https://www.klsescreener.com/v2/news/view/1162845

Higher PETRONAS capital expenditure to spur sector | https://www.klsescreener.com/v2/news/view/1162845

https://www.klsescreener.com/v2/news/view/1162845

Higher PETRONAS capital expenditure to spur sector | https://www.klsescreener.com/v2/news/view/1162845

Higher PETRONAS capital expenditure to spur sector | https://www.klsescreener.com/v2/news/view/1162845

Short term 1.20 more reasonable. Don't so greedy. Long term 2.0 maybe.

New project to be announced are Qatar Energy pipeline project extension or phase 2.

Expected another FPSO related construction project.

Looking at the price movement next week should have good news!

I'm not OTB student, I just accidentally stepped on old Pang`s tail. Mengamuk dia.

Ask him challenge OTB lah. Since he hate him so much.

One month ago that old Pang was quarrel with OTB family. I just asked him what is karma stock..He started talking this and that lah. I balasah balik lah. He bought Armada 0.50 sold at 0.60 lan xi lan yong, now he stucked at peak 0.70.

Shameless Pang72 @ 51 years old man bought Armada as high as 0.70. Now price crashed. He said watching HK TVB drama. 🤣

New name WASCO from today. 🎉🎊♥

The EnQuest didn't make any announcement (RNS) on potential production target change due to the shut-in incident. They also listed company in UK. What is the story behind this?

The management is very confident no production forecast change is required? The Malaysia analyst writing scientific fiction story?