thanks for updating, catalystor. Let's hope management do a good job in 2019

The last sentence you wrote: In addition, as part of its strategic plan for the South East Asian market, the Group has established a sales office in Indonesia to promote and sell Hengan branded products.

The "Group" here meaning, Hengan alone without WZ? or WZ is the one doing it? I also like this business, and still holding on to it for the expansion, but the worries come from the lack of updates by management.

WZ management just doing nothing, letting their share price die. We just trapped

WZ management just doing nothing, letting their share price die. We just trapped

what news? always hear people type "good news coming" in forum. But no one ever say what the good news is. Only BS

okay results, those who say strong growths, whats ur take? Why no result shown by management?

why going to fly? what catalyst?

what is the good news? keep hearing about this being commented.

@oldchinaman you say KYY and Coldeye are Con Men but their trackrecord is quite amazing. the issue with WZ is that no update by management. hopefully this year management will be more transparent with shareholders on their plans

dnex is dead stock, good fundamentals but forever no movements.

No one can update what is happening on Hengan management?

Anyone can shed some light on new management ? if true, then its be bad for WZ
please respond @oldchinaman or @catalystor

Hengan shares tumble from short selling from faking numbers, WangZng not going to grow anymore?

thanks for your insights. I think my expectations were just too high for new management for their expansion plan into SEA. I guess theres improvement in financials, but the full expansion is yet to come

11.11 shopping is at very cheap prices la. Although good for brand awareness. but margins are super thin

Only can wait for next quarter to see outcome of new management in expansion. Management have been not transparent on their plans in Bursa. Only Hengan side mentions one or two sentence about WZ.

Yes Cold Eye has a good reputation for his value investing picks. So of course when he exits there’s doubts

If he sold in July18, then he no longer see any value in Hengan using WZ. Then it would mean we might be wrong in our thesis?

has the list for top 30 change? Cold Eye sold last time his chunk?

dont think so quick. Scomi will ensure deal done before PN17. PN17 is only if private investor pulls out.

everyday got selling pressure nowadays, whats happening ? Used to be very quiet with little volume. Any update?

Looks like a lot of selling volume today. What happened ?

Chill oldchinaman. He is stating a fact. But management takes time to make impact to numbers from their changes in operation. 2019 we can see fuller pricture.

Lol. More interested if a strategic shareholder comes abroad.

Why June 2019 drop to 5 cents ?

Alex don’t understand who u talking about ?

@thequalityguy if no private placement then that's just means scomi will soon declare bankruptcy because thats the only way out of this is to get fresh funds externally

I also understand the company quite undervalued, but i trying to point out to ks_lim that his "insider news" is not even very good news when compared to y-o-y

So that’s not very good news to buy on.

@ks_lim also I want to say RM10mil is quite low for Q1 by year on year comparison. Last year Q1 was RM39.9mil

now only lets wait and see if Scomi can act fast enough with their private placement to settle their debts.

@CITADEL dont bother this people like @ks_lim. They lie also dont know lie properly. Talk big about insider news, but just nothing better to do. Rather than do fundamental analysis, they rather hear rumors and act on them.

"insider news... coming quarter no profit because interest expense still very high. botak dont know what to do." @ks_lim big talk but quite sure you dont know any inside news. so many people in forum scream these fake "inside news" that rarely materialises. If its truly inside, they wont say anything just profit quietly themselves.

oldchinaman any update on my comment?

@oldchinaman so correct me if I am wrong, because we all here in WangZheng waiting for new management to act. By the sounds of it, there wont be much impact only until mid next year, since new management is not quick to completely change old ones.

But will be some time, maybe 12 months before this price ever starts moving above RM1

Anyone planning to attend EGM ?

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.

You mean Wang Zheng releasing their Q3 today?

Not triggered.

All say explosion. But it never moves above 0.45. Haha. Everytime come back to 0.38

I think the point is that there are Chinese investors eyeing to buy Scomi and partner to bring Scomi to China market. And that's a big market for Scomi to enter.

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

Management has not given any indication of the future of WZ in their reports which makes me worry that this is all pure speculation.

Wanted to confirm something. Duke 1 and 2 is completed. SPE is being constructed now, opening in end of 2019. Then there's still Duke 2A? (If yes, is the highway confirmed being built or under consideration)

@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 ?

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?

The merger has been 2 years I don't see any expansion also.

Hinder meaning Wang Zheng is causing Hengan unable to expand ? Don't understand ur last comment.

@Lim Tek Wai stop going to every counter spamming please.