Today close at 85 cents?

Hope so brother messiBarca ...if suspend today that means you will know of the real price for ECM takeover.

Money come....yahoooooooooo

Thank you brother TokanCorner for the updates...appreciate it...cheers brother.

Anyone picking it up?

This is the 2nd project that WCT got from Vale & there are more projects of Vale on the way.

Market should be good today. Time for me to pick up more today as I am quite confident WCT will rise further with 4 big funds buying.

Cheers & all the best to all.

I am with you brother kltrader ....cheers.

Looks good.

Seems some blogs had fully recommended WCT as BUY

http://journeytowealth88.blogspot.com/2012_06_01_archive.html

Yes, it's the stock to watch as every research house had recommended it. Within a short period of 2 weeks there are 2 "BUY" reports from all the research houses......normally all the
research houses doesn't give 2 "BUY" reports within a short span 2 weeks but this time all the research houses does that......so you figure it out yourself please.

......now see the date, TP & the "BUY"recommendation by all the research houses [snapshot].....so what say you.


http://i5.photobucket.com/albums/y193/chongwah/wct88.png

Cheers & all the best to you all on this counter.

Brother James Chieng , come Monday morning WCT will move further up...let's hope that it moves past 10 cents, hee, hee, hee

DJI had just shown moved up almost 100 points & we will see Bursa opens in the positive zone when it opens tomorrow morning. Not much people had take notice of this counter but soon it will come when new projects keeps rolling in. As it is, volume had increase and we might see more buying at a higher price tomorrow morning.

Cheers & let's wait what the outcome will be with so many research houses giving a very positive BUY with a very good profit margin, yes, the swing will be there & it's a matter of time that WCT move to the $3.20 level.

BTW, CIMB & Alliance had just gave a report of a Trading Buy with a TP if $$3.20

For those who does not know whats a Trading Buy is , let me tell you below please....

Trading buy - Expected 3-month total return of 15% or more arising from positive news flow.

So, let the good news flow on & on, hee, hee, hee

Cheers brother James Chieng, let's be patient.

Now read the projects that are coming...& hope the good news will flow..

Going into 2HFY12, we believe WCT's jobs flow momentum is likely to pick up. Management said it has tendered for some RM5bn worth of jobs, including foundation works for the USD8bn Kuala Lumpur International Financial District covering a total land area of 30ha, a RM400m-RM500m road widening job for PLUS Expressway, some station packages for the Klang Valley My Rapid Transit Sungai Buloh-Kajang line, as well as a RM900m 400-bed hospital in Sabah. We understand that WCT's overseas jobs, which make up some 45% of its existing orderbook, may be augmented by some potential infrastructure jobs from Oman, UAE and Qatar although the quantum remains unknown for now.

Brother starwood, I doubt that MAS temporary will hit this figure but I guess you have to hold your MAS shares for a much longer time until situation improves. I don't know what's your ABP and if you feel that there there is little chance for MAS price to go further from now, then it's better to sell & buy more solid & potential counters. It will definitely take MAS time for the deliver of new planes in 1H2013 to improve the financial results as there new planes are fuel savers & thus improves yields & this ultimately will boost MAS' profitability....it does take time brother starwood. So I leave the choice for you to sell or to hold..it's your decision always.

Cheers.

Brother dknycom, just be a little patient when projects keeps rolling in & then you will see that your investment appreciate.

So far WCT had 4 big funds buying & that's a good sign.

BTW, brother dknycom, the highest price that WCT is $3.19 cents....please don't be disheartened as WCT days will come soon.

Cheers brother dknycom, have a happy weekend.

Kenanga says WCT as OUTPERFORM and TP given is $3.93 cents, wow.wow

Outlook We believe that WCT will be able to meet our RM1.0b order book assumption for FY12. With the new contract secured, we expect WCT to secure at least another RM300m worth of contract(s) in the remaining months of FY12.

We believe that the foundation contract for KLFID will be awarded in the near term. The expected contract value is around RM1.5b to RM1.7b. We understand that WCT was one of the bidders which had the available resources to start the foundation work immediately. This is an advantage for WCT to win the contract.

We also expect that WCT will be able to secure some more projects in Middle East countries i.e. in Qatar and Abu Dhabi.

Forecast No major change to our forecasts as the contract value is within our expectation.

Rating Maintain OUTPERFORM
We are maintaining our OUTPERFORM recommendation for WCT with its attractive upside (+63%) from the current share price.

Next week we will see WCT move further up. And to the WCT WB watchers, the $2.50 conversion price is fast approaching keeping in mind of the TP of $3.93 cents......cheers & good luck to all too.

Everyone happy now....cheers.

Brother andyteng , don't worry to much & there's no need to regret as you will get your reward soon. In fact I kept on buying & buying knowing fully well the amount Kenanga is going to pay.

Cheers.

Ministry of Finance had given the ok for Kenanga & ECM to make the announcement & the pricing too...it's in the news. Why drop? I had just given you a rough idea a while ago.

Pick up your WCT & WB today as come next week you may not be able to get it at today's price.....just maybe. BTW, today all research houses had given a new high TP and none had advice you TO SELL...it's a BUY for them.

Cheers.

Let's hope that after 4pm the price picks up & then hopefully suspension of ECM after closing, hee, hee,,hee

Let's not worry to much as we all know that Kenanga take over of ECM is true...so let's be patient my friends. If those big kakis sapu more than 400 thousand shares at 83.5 cents this early morning, what's there for us to be afraid off keeping in mind that Kenanga is going to pay by cash & shares but the total sum or amount should be at least $1.10 to $1.20 cents. Now Ambank Chief Azman is not so stupid to sell his ECM shares cheap, hee, hee,, hee

Today's selling is mostly the contra kakis as ECM had risen much these last few days. Those contra kakis had no money to pick it up, so they have to sell even though they know that the merger is definite & they all had to keep it for a while to reap the benefits but since they got no power to hold, they have to sell even for a little profit.

Cheers.

WCT; Buy; RM2.40
Price Target: RM3.75; WCT MK

WCT has won a RM72.8m contract for industrial civil works at Teluk Rubiah Perak from Vale Malaysia Minerals. While this is a smallish win, it is important as there is potential for further contract wins from Phase 2 earthworks of 1,000 acres. The tender documents for this will be out in 3Q. Recall also WCT had in July 2011 clinched the earthworks for Phase 1 worth RM115.1m making this to be its second win from Vale.


This is WCT's third contract win for 2012 bringing YTD wins to RM704m. Other nearer term new order wins could come from KLIFD foundation and earthworks; PLUS highway widening and MRT stations. We also think there is a possibility that WCT will exceed its RM1bn new order win assumption for the remaining of 2012 given the strong contract flows locally with lack of reputable contractors with spare capacity. It currently has a RM5bn tenderbook. Our current forecast of new order wins post this win is RM1.3bn.


We maintain our BUY rating and SOP-derived TP of RM3.75. We continue to like WCT as a reliable and cost efficient contractor which will benefit from the current surge in contract flows.

Source: HwangDBS Research - 8 June 2012

KUALA LUMPUR: WCT Bhd has submitted bids for local public infrastructure related concessionaires as part of its strategy to beef up its investment and management division and boost long-term recurring income.

WCT has three main divisions, namely engineering and construction, property development as well as investment and management.

“We submitted the bids early last month, we’re not sure when the outcome will be made known,” manager (corporate affairs) Kenny Wong told a press conference held in conjunction with Invest Malaysia here.

“However, if we are successful in getting a concessionaire, this will be our fourth,” Wong added.

WCT has three concessions now, two of which are in India.

Locally, it has a 25-year build-operate-transfer concession for the KLIA-2 Integrated Complex which was recently awarded.

Currently, 15% of WCT’s operating profit comes from its investment and management business. By 2016, Wong said he expected this to increase to 25%.

He said WCT was currently bidding for some RM5bil worth of engineering and construction contracts, with 50% of the tenders submitted being for overseas jobs and the remainder in Malaysia.

Of the RM5bil, the company expects to win some RM1bil worth of jobs.

Last month, WCT chairman Datuk Ahmad Sufian said WCT had an outstanding construction order book of RM3.3bil, with half of the amount comprising projects in Malaysia and the balance in the Gulf Cooperation Council region. “This will last us for the next two to three years,” he said then.

Wong said WCT was still looking to acquire land in Johor, Kota Kinabalu, Penang, and the Klang Valley.

“We are in a good position to do this as our balance sheet is strong with some RM800mil in cash,” he said.

WCT’s remaining undeveloped landbank is about 1,000 acres. It recently launched the Paradigm Mall in Kelana Jaya, Petaling Jaya.

The mall is part of a 12-acre mixed development by the group. The other components of the development will comprise office towers, serviced apartments and a 350-room hotel which will be developed over the next few years.

Watch out for this counter. TP is 80 cents, a trading buy.

See what OSK writes.. A Turnaround is at Hand

Maintain Buy. Our fair value for Perdana remains unchanged at RM0.90 based on the existing PER of 12x FY12 EPS. Given that its share price had retraced quite significantly following renewed concerns over the European debt crisis, we advise investors to accumulate Perdana shares on weakness as we expect the share price to rebound when the company shows more concrete signs of a turnaround, especially after securing new jobs.


...and CIMB writes too.

Calmer waters ahead

Though Perdana’s 1Q net loss of RM8.2m was a letdown because of
low vessel utilisation, a profitable finish for FY12 is still within reach.
We also understand that good progress has been made on the tender
for the proposed sale of the company’s 26.9% stake in Petra Energy.
We cut our FY12-14 EPS for lower
revenue assumptions. Our target
price drops as we update our RNAV
calculation. Perdana remains a
Trading Buy as we expect the sale of
the stake to be a short-term catalyst.
We impute a 10% premium in our
RNAV calculation to reflect the
potential value of the stake to be sold.


Eyeing regional works
Excluding the seven old vessels which
were a drag on earnings, Perdana’s
fleet comprises 13 newbuilds from its
fleet renewal programme that began
in FY07 and was completed in Dec 11.
Equipped with this young fleet,
Perdana is scouting for work in
Thailand, Indonesia, Vietnam and
Myanmar.




......and....Selling its stake in Petra Energy

Let's see what's happening today.....cheers. DJI is in the positive zone at around 97+ points & it's a good indication today.

Brother Ameer Khan , WCT WB is very near to it's conversion price of $2.50 & at 18.5 cents people had sapu what's been offered yesterday. Remember that all research houses gave a very good TP for mother WTC from $3.10 to $3.93 cents & you take a very conservative figure from there. If mother reach that TP, then you calculate what the TP of son WB will be.....good isn't it? Even at 20 cents, people still collect a few days back and what now when it's cheaper? Premium is at 11%, it's a steal.As always, I leave the decision to you.

However a word of caution....if you are not familiar with warrants please don't touch it and instead buy some mother WCT shares.

Cheers brother Ameer Khan & all the best to you.

RM2.97b outstanding construction order book to last into 3Q 2013,
of which 50% is overseas jobs (largely in Qatar) and 81% is externally
sourced jobs. Job win YTD is RM187m, significantly short of the RM2b
target set early this year. Nonetheless, the tender book stays sizeable,
although tempered off quite significantly over the last few months as
WCT lost a number of big-ticket tenders overseas. Of the RM4b tender
book, about 75% is for infrastructure jobs in Oman and the balance is
domestic jobs (building related). Focus over the next 6 months will be
on procuring civil works in Malaysia which has a shorter lead time.

Yes, brother James Woon, if you have bought 100k shares, then think of the amount earned....wow. Yes, the TP for the merger will most probably be at least $1.10 .... maybe more and so we wait for the actual amount when Kenanga & ECM announced it together.

Cheers brother James Woon, have faith in me as I will never let you all down.

Amount is minimum 60 cents cash & some Kenanga shares....if it's 1 Kenanga share then at today's price you will get 62.5 cents ...so total is $1.25....if they give 1.5 share to 1 ECM shares, that this will be a bonus including the 60 cents cash, hee, hee,,hee

Anyway, let's keep our fingers & hope for the best price.

The coming contracts....



WCT has managed to bag RM632m worth of jobs YTD comprising of the MITI Headquarters (RM301m) and Riverson project (RM331m). Since its last investor’s briefing, no new jobs have been secured. At this juncture, we are still comfortable with our RM1.5bn orderbook replenishment target for FY12.
 One particular project of interest is the KLIFD, in which WCT has submitted 3 prequalification tenders comprising basement, civil works and buildings. We gather that the KLIFD project will have a significant earthworks portion which is WCT’s area of expertise as it can leverage on its track record at Iskandar, KLIA, KLIA2 and Vale.
 While job flows in the Middle East continue to be less exciting, we are note that Oman has recently come out to say that it will spend USD10bn on construction this year and has extended an invitation to Malaysian contractors to participate. WCT had previously highlighted that it has tendered for 3 highway jobs there (via a JV with an Omani partner).

Tomorrow WCT goes up further? New contracts worth more than $72 million awarded....more to come including those stated below...now the 1st contract first..


Description
:

Award of Contract -
Industrial Civil Works Phase 1A for Vale Malaysia Minerals Project at Teluk Rubiah, Perak, Malaysia


Announcement Details/Table Section :


(1) INTRODUCTION

WCT Berhad (“WCT” or “the Company”) is pleased to announce that its wholly-owned subsidiary, WCT Construction Sdn Bhd (“WCTC”), has been awarded a contract for industrial civil works (“the Contract”) by Vale Malaysia Minerals Sdn Bhd (formerly known as Vale Malaysia Manufacturing Sdn Bhd )(“VMM” or “the Employer”) vide an agreement dated 6th June 2012. The Contract sum is RM72,814,768/=.

(2) SCOPE OF WORKS

The scope of works under the Contract comprises Piling Works, Foundation of Conveyors, Foundation of Sampling Towers, Foundation of Pipe and Cable Racks, Pump House foundation and related works, Storm Water Pond civil works and Drainage Work at VMM’s Minerals Project – Phase 1A, Teluk Rubiah, Perak, Malaysia (“the Works”). The Works are expected to be completed in 18 months.

(3) FINANCIAL EFFECTS

The Contract will contribute positively to the Group’s earnings and net assets for the financial years 2012 and 2013.

(4) DIRECTORS' AND/OR MAJOR SHAREHOLDERS’ INTERESTS

The Directors and major shareholders of the Company and persons connected with them do not have any interest, direct or indirect, in the award of the Contract.

(5) APPROVALS REQUIRED

The award of the Contract is not subject to the approval of shareholders of the Company or any governmental or statutory authorities.

(6) STATEMENT BY DIRECTORS

The Directors of the Company are of the opinion that the acceptance of the award of the Contract is in the best interest of the Company.

This announcement is dated 7th June 2012.

Now everyone who listen to me are happy now...so be prepared to laugh to the way to your bank now.

Remember, the TP is $1.10 cent to $1.20 cent.

Tomorrow I think ECM will open rather high.. I presume.

Congrats to all...let's those who scold me saying that I con you all eat their hearts out....yahooooooooooooooooo

Today at $2.44..everyday up a few cents & soon we will reach our TP of $3.20++ ...hee,,hee,,hee

Good idea brother Yazid Gonzales . BTW, GKGoh of Singapore must be sleeping yesterday, hee, hee, hee

No brother alvinloke1989 not actually.

Brother Steven Lee, TP is about 45 cents but if you make good money, perhaps it's time for you to consider profit taking...as always I leave the decision to you only.

Cheers & good luck too.

Brother alvinloke1989 , I don't have any pdf file on this counter and I just read the news only.

Yes, brother tansrihew , abalone is almost here as it's now at 39 cents.....hope more upswing in the late afternoon & then everyone will be happy.

Cheers to all...all the best to all.

Yes, brother jacklew , big queue at $2.40 to buy...luckily it's not to sell, hee, hee, hee.

Brother kulimkia, thank you for your feedback. Could you please go to my forum and read the latest email from the CEO's office to me, it will give you a better understanding of your above....cheers.

Good start today...more to come perhaps?

yahooooooooooooo

Brother eagleis, thank you for your comment. You have read that I didn't hammered or spit at him anywhere in this forum. It's him fzank who spit at me because of his losses & I just post some clarification & he post all ridiculous things at me even to the extend of bringing his losses to other topic too....you be the better judge.

Cheers.

fzank , it's you who start the war first, not me. Remember it's you who spit at me when you start losing money on KHSB. Where were you when KHSB went from 48 cents to 80 cents. Most of the members make some good money, didn't they? We sold at the highest above 75+ cents & we bought back when it drops & hope to make gains when it rebounds...isn't this what we normally does? But when it doesn't rebound and you suffer some losses, you start to spit at me. Is this fair?

Did I in any forum topic "touch you" in any way? The answer is a big NO. You bought KHSB & you are suffering some losses and you spit at me....let me use & quote exact word...this..."somehow we all followed the person who advise to stay on . ptui !!! "


In shares buying, you win some & you lose some. You just cannot get a perfect 100% gain all the time, can you?

Let me frankly tell you direct in your face....this....if you fzank cannot stand some losses, then it's best you stay out of the share market & put all your money in the banks. In this way you suffer no losses & you don't have to spit at anyone...got it?

I am talking direct to you & you drag Pak Lah into this matter. Now for your information, I NEVER SCOLD PAK LAH in that MAS CG topic but Pak Lah scold me FIRST and ask me to do my homework, ONLY THEN DID I HIT BACK. Am I wrong in the 1st place?

Now you fzank is so snobbish & so vengeful by cursing and scolding me in other topic too.....you started to spit at me & you started the war & you had the guts to be so snobbish & so vengeful but cursing me in other topics. Let me ask you as simple question...this...fzank , did I hammered you in any other topics besides here? And you are so vengeful that you hammered me in other topic & rallying for help from other members. Do you get satisfaction or gratification by doing this or is this "self gratification".

Let the members judge to what extent you did to hammered me.I didn't do that, you did....here please...


http://klse.i3investor.com/servlets/forum/800001403.jsp


FYI, I am no shark & you & a few others losers start pointing fingers at me and blaming me for this & that. You make losses on my recommendation, while others make money, and you start saying and writing all types of nonsense on me. You call me to grow up & it's you whom really need to grow up....period.

fzank , please reserve all your illogical scoldings, cursing & spitting to yourself....this way you will find more self gratification, got it?

Ok, brother nike_heart , why not register in my forum...email me please, thank you.

Oh, almost about brother Pacino...yes, brother Pacino why not monitor WCT & son WB?....cheers.

Read here please...

http://klse.i3investor.com/servlets/ptg/9679.jsp

and..

http://klse.i3investor.com/servlets/stk/9679wb.jsp

Yes, the updates on Smartag was send from the CEO's office...just like I told you all this morning at 11:33 AM

Brothers & sisters, just to inform you that I had just a while ago received some updates on Smartag. So please do read it in my forum as I just posted it.

Thank you all & let's look forward to next week updates to me....stay on my friends.

Smartag is being noticed as someone wallop all those queue 22.5 cents...yes, all 1221 lots was eaten up.....does this show that something is up, hmn, I wonder.

Cheers & let's patiently wait.

Thank you brothers & sisters for your kind words & support. To the selfish idiots or ningkampooks, let you tell you this....go ask your dear mummy to spoon feed you.

The last comment I just wrote here at Jun 5, 2012 01:58 AM doesn't refer to the supporters & investors of Smartag. In fact to you all I would like to say a big thank you instead for your investment in Smartag like I do. This last comment I was referring to a member by name of fzank & a few useless parasites here...yes, getting earnings & profits on my recommendations, they feel the world belongs to them & when suffers some losses they start pointing the fingers at me. And to this person, may I call him a useless, kaisu & kiasi, ninkampook parasite.....yes, a parasite indeed and a big big one.

Yes, it's fzank who wrote this...

Blog: KHSB, HK firm plan eco-development in Kuala Selangor (Star)

May 18, 2012 11:43 AM

i will never buy this stock again until after the next election result is out. this stock had been over-rated & over-hype since the price of 0.60+. so many innocent players are stuck. this is the most lousy stocks that we all should have sold when the price was at 0.60. regret didn't listen to the fellow who kept telling us to take profit. somehow we all followed the person who advise to stay on . ptui !!!


Yes, fzank you can spit on me & that really show that you are a sore loser. And it also reflects on your upbringing...doesn't your parents did teach you not to spit at people? Most of you had make good money on this counter & when the going was good you are happy but when it comes down, you start spiting at me, OMG.

I won't be writing anything more on BIMB too. I had make recommendations on BIMB when it was at $1.85+ level and most of you make some good money & I am happy for you all. Now the atmosphere at BIMB is totally different among some members here...period!!

BTW, I may be expecting some news on Smartag and if the news does ever come, be rest assured that you, the Smartag investors, will be the ones to receive it first...will keep in touch.

Cheers & good luck to all.

Guys & gals, I will not be sending any new email...if you need to know all about Smartag, do go through the details here. Likewise, you can read all I had written on Smartag in my forum, all 75 pages of it.

Cheers.

Brothers cheeliang7 & Maliki BAR, check your mail please....thank you.

To all as advice, let me remind you all again that this counter is definitely not for contra kakis.....yes, you really got to hold until this......

The container results should be coming in on Q4 2012 and improving on Q1 2013 due to sign up, training and operating growth.

The usage will be mandatory by Q1 2013 which is Oct 2012 to Dec 2012.


....and this too..

Yes, after implementation (est within 3-4 months) so by Oct 2012, Smartag will be do promotion or briefings with analysts or even fund managers to make them aware of Smartag.


Let me also give a very very friendly advice to all....this...

1. You buy & sell at your own discretion as I only do the recommendation. You do some homework please before you press the "buy" button. If you are still not familiar with Smartag, then please read the 75 pages on Smartag in my forum.


2. If you make money, it's up to you to choose the time & price that you want to sell. If you want to cut loss, the decision is still with you & NOT MINE ONLY. To some very very greedy people or members here who make money and still want to wait for bigger returns & when it didn't happen but they suffer some losses, these people start cursing me & saying words not suitable or unpleasant to the ears....spitting at me by using the words like "pui" is just too bad, OMG.

Yes, when they get stuck they start pointing fingers. In our bursa, you take a gamble and when you start suffering losses or get stuck, you started blaming people and cursing and spitting at people. To such people my advice is please please stay out of the bursa, keep your money in the bank & you will never suffer losses like in bursa.

All of us do trade now & then, there are losses & there are gains too & you just cannot want to be 100% making money all the time. If you are too greedy & get stuck or suffer losses, then you yourself & not the person who recommend to you be cursed or spit at.

To some people who just cannot take losses but in their mind their thinking is that they must be 100% perfect in making money in bursa....let me plainly say this, "what a selfish idiot indeed".


Cheers.