everybody happy now especially those who follow my call to buy & hold at 37 cents.....congrats to all.

wah, closing at 82.5 cents....simply wonderful.

more than I expected, thought today close at 75 cents to 76 cents is good enough but then miracles happen.

starting 1st September start collecting $10 to $18 per container...millions of containers in Malaysia.

wahhhhhhhhhhhhhhhhh

haahaahaahaa

more to come????

woooooooooooooooooooooooo

coming again??

Big fight going on, heeheehee

Today close at 75 or 76 cents???...keep your fingers crossed, will you....cheers.

Maybe it can reach $1, who knows but as always I leave the decision as whether to chabut and take profit or just wait a little longer....cheers.

Brother KC Loh , if you had follow my call to buy at about 37 cents & average down to about 33 cents like me, yu would have made a big bundle, heeheehee.

However, there a number of idiots & scumbags here at i3invesor [not you brother KCLoh as you had my full respect] who keep hammering me with their idiotic & dastardly language on everything I recommend , be it EPMB, Coastal, BIMB, EPMB, Bintai, Smartag, KHSB, WCT, etc....now this idiots & dastards eat their own shit while me & my followers laugh all the way to the bank.

Cheers.

almost everyday naik harga...good, more to come perhaps to $1.10 by October? Dapat dividend pun naik 1 cent....cheers.

oh lah lah

As we are approaching the release date of the 2nd Quarter Report, the buying increase...it's now WCT buying at 77% & WB at 64%...more to come??

Cheers.

It's ok brother jtpc2006 as I read it yesterday in the financial papers of ECM...yes, it had hidden gems indeed. Reload more today too.cheers.

Brother texantel , because some people even sell at a few cents gain when it's moving up...so where is the support among those who hold WCT shares??

The trouble is that market is up & still people queue to buy cheaper...can't they just buy higher & average higher so that they can sell higher too....cheers brother juinming0304

No worries brother juinming0304 as someone just wallop 5000 lots at $2.49...I am sure there's more to come..stay calm.

Come Monday can Amedia go further...let's see....cheers

KUALA LUMPUR: ECM Libra Financial Group Bhd, which will be left with some RM350 million after the disposal of its investment banking unit to K&N Kenanga Holdings Bhd, is looking to acquire new businesses within and outside Malaysia to diversify its income stream.

ECM Libra chairman Datuk Seri Kalimullah Hassan said the company is looking at opportunities in countries such as the UK and Myanmar. “We are not limited [to] just looking at domestic [businesses].

We’re looking out for opportunities in countries like the UK and Myanmar. We’re looking at UK for real estate, but [there is] nothing firm yet at the moment. Property prices are cheap [now in the UK] because of the euro crisis.

“We’re looking at opportunistic investment. The board will evaluate it and we will come up with the proper announcements when we firm up things,” Kalimullah said after the company EGM.

Kalimullah, who is also a shareholder of Tune Hotels, said ECM Libra may consider buying hotels abroad as there will be appreciation in foreign exchange rates and property values.


Kalimullah, who is also a shareholder of Tune Hotels, said ECM Libra may consider buying hotels abroad as there will be appreciation in foreign exchange rates and property values.
Kalimullah: You can rest assured that we will find something good within the next 12 months. Photo: Kenny Yap/The Edge

“These are areas we know we’re good at it,” he said. At the EGM yesterday, the shareholders approved the disposal of ECM Libra Investment Bank to K&N Kenanga for RM875 million to be paid in cash, loan stocks and shares.

Following the sale, ECM Libra proposes to undertake a capital reduction in which shareholders will be rewarded between 63 sen and 68 sen each. Out of the amount, 53 sen will be in cash and the rest is to be paid in Kenanga shares and loan stock.

The disposal of its major profit generating investment bank will leave the company with only its asset management and unit trust business, generating some RM10 million in net profit per year, which is insufficient to sustain the business, Kalimullah said.

ECM Libra will have 12 months after the disposal of its investment bank business to add some new businesses into its portfolio in order to avoid falling into the Practice Note 17 company category.

With zero borrowings on its balance sheet, the company will have the financial muscle for new acquisitions. “You can rest assured that we will find something good within the next 12 months,” said Kalimullah.

When asked if the group’s core business will remain in financial services, he said it is not necessarily the case. “If we wanted it as our core, we wouldn’t have sold off the bank right?

The finance sector is very competitive now. It is hard to compete in financial services without being bank backed. You must be bank backed to to make big deals and big money. Otherwise, you’ll just continue making small money, you won’t be able to grow that way,” he said.

The group’s first quarter ended April 30, 2012, which included profits from the investment bank business, posted a net profit of RM6.04 million, down 56.5% from a year ago. Revenue was also down by 1.8% to RM45.8 million from RM46.6 million a year ago.

This article appeared in The Edge Financial Daily on August 1, 2012.

Brother jtpc2006 , mind providing the link, thank you.

Brother kilrathi , where's the stablising point....Kenanga & ECM AGM had bot approve the sale , so we see money coming...about 60 cents solid cash, free Kenanga shares & we get to keep our ECM shares with is cash rich...what else do you expect for brother...cheers.

You only want to enter now & not before when it was at 77 cents...now we all are dividend son[already ex], our prices had increase & we are looking to the $1.00+ price level.

Cheers.

Translated from brother Tan Ren Jyee above...


WCT

Rating: Buy

Target price: 3.76 ringgit


WCT in the past 30 years, completed more than 300 domestic and international construction projects, valued at $ 19.8 billion ringgit.

The group is currently in the hands of 3.5 billion ringgit contract orders, the WCT or the leader of the Tun Razak International Trade Center. Analysts based on the Group's five-year average of 16.5 times PE ratio.


Hope this helps.

Cheers & enjoy your sunny Sunday too.

AK is selling both Bumi Armada & Maxis too....chabuting I presume as he had 100% sold if 1+3D Ekor & his Power Stations ..
as well.


KUALA LUMPUR, April 26 – Malaysian tycoon Ananda Krishnan is selling US$825 million (RM2.51 billion) worth of shares in
offshore oilfield services provider Bumi Armada, sources said, in what will be the country’s biggest equity block sale in at least four years.

Ananda , Malaysia’s second richest man, is engaged in a mass sell-off of assets.


...why engaged in mass sell-off of assets? Dig more & you will know why.....cheers.

Yes, like brother James Woon , the mother price will drop after ex but it will pick up later....take a recent case of JCY, dividend given & price drop to $1.16 after ex, later after a few days it shoot $.150

So, nothing to worry much but to collect your dividend & hold till it move upwards in a few days time baring any unforeseen circumstances.

Cheers.

Come Monday be prepared for WCT to cheong as DJI is up 217.29 points (1.69%). From the looks of last Friday strong support buying of WCT & son WB, we should expect more upwards swing...hopefully this time the cheong be at least 10 cents for WCT.....let's keep our fingers crossed & hope for the best.

Cheers & have a great weekend too....he happy always.

Brother scott, it's from past years record that WCT always gives Interim Dividend 5 Sen ....cheers.

No lah brother staphyloccocus , WB had no dividend.

BTW, Tabung Haji was buying big last month...so TH got confidence too in WCT.


Friday, 3 Aug 2012

5:16PM WCT-CONVERSION OF 27,633 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2007/2012
5:15PM Lembaga Tabung Haji (860,000 Shares Acquired)


Cheers.

Brother ysc69 , I can't advice you about TAANN as I am not familiar with this counter.

As for brother waily's question, my guess is that since Ananda Krishnan is selling most of his shares, punters or traders had lost faith in his Bumi Armada...if do you do not know Ananda Krishnan working for ??????

BTW, AK is selling $2.5 BILLION worth of Amada shares...what does that tell you.

Cheers.

BTW, Malaysian Budget day is around September and this is the time that the construction sector will benefit the most.

My advice to all is NOT TO PANIC like yesterday & today & sell cheaply.....please have faith in this WCT & WB and I am confident we will find our gold mine soon.....just another 13 days to the Quarter Report & the dividend too....stay on my friends. We all have come a long way to now & let us all run the extra mile to complete our mission.

Cheers. good luck to all.

Yes, brother samuel , just with 1 shot each....does that tell you something? My guess this kaki is so confident of more good to come for WCT & WB.....cheers.

Did you all notice that someone wallop 100,000 shares at $2.51 just now & someone too wallop 300000 shares of WB at 30 cents? So be prepared to sing the North to Alaska song on Monday please....cheers.

Told you all to watch the afternoon show, hee,, hee,, hee...make good profit today as got mega sales this morning.

Cheers....come Monday we see North to Alaska.

Thank you brother passerby for your kind words...yes I had ignore these "good-for-nothing" members & had since not respond or reply to their idiotic statements.

Cheers passerby , may the best be with you always.

Brother chieng8182, I feel that both WCT & WB are all moving north. As for your brokering bank says suspended, it may meant that the WB shares allotted to that trading house had all been taken up.
Cheers.

Join politics brother KC Loh? .....unless they give me the Finance Minister's post...then I declared that all brokers fees drop to 0.001%, no stamp fes and then every trader will be able to make some good money, haahaahaa

Cheers.

Now it's buyers roadblock to stop that 1 person from throwing 10 lots each time, hee, hee, hee

Why brother chunyue8220 ?

Yes, brother staphyloccocus, support for WCT seems good. Let's see if there's a late afternoon show....cheers.

And good to see you brothr KC loh, make any money today....hopefully you make some lah. Is the Goreng Pisang Untong Banyak Berhad company ready for listing? hee, hee,hee.


Moreover, please brother passerby, take a good look at this....

Posted by Yuzuki > Mar 23, 2012 12:23 PM

no reply right baby Chong, don't know what to say right ... foot in ur mouth? ... frustrated ... there is more ... ECM at a pathetic 0.815 , so is BIMB .... yeah keep quiet that's what u r good at when hard working ppl listen to ur BS advise & get stuck .... yeah wait 4 it to move b4 u take revenge ... u r pathetic !!!


...you call this good criticism?? NO, this is 101% not a "critic' but as I put it in this person who wrote this is a 'REAL LEECHER & "NEVER, YES NEVER CONTRIBUTING ANYTHING AT ALL FOR THE BENEFIT OF FORUM MEMBERS". In fact, this show a "real moronic idiot" indeed.....please check out ALL his postings on my recommendations....thank you brothr passerby....cheers.

Brother passerby , how do you expect me to be more neutral...didn't most people here promote their counters and no sarcastic remarks & idiotic language are used. To tell you frankly these people may have lost money in the 'fast & furious" counters & when they see that all the counters I recommend make good money, they try to put a spanner in the works....you call that as "critics"????

One thing you got to remember is that....if you don't like my counter, move on and no need to buy or pass idiotic remarks. I am not forcing them to buy but what I present to all the other members is have the full story of the counter that I recommend & then leave it to these members to decide and as always I ask them to do their homework first....making a full presentation to member of the said counter....is this all wrong brother passerby? May I ask again what these so call "critics" have contributed in this forum for the general benefit of all members. Frankly speaking, you call them "critics' but I call them "leeches" & "good-for-nothing morons". If you are REALLY a good critic, then all you have to do is to give some constructive statements that benefits all but is there any forthcoming?? ....NONE IN FACT.

Yes, nothing is REALLY FORTHCOMING but instead I see or read "abusive & idiotic" words ONLY....check out their postings here to find more please brother passerby & you will understand what I meant.

BTW, have most of the members make money make good money on all the many counters I suggest or recommend?

Need I say more....you be the better judge.

Cheers brother passerby & all the best to all.

Let's see the afternoon movement & pricing...if there's no roadblock for WCT like before, then I can confidently say WCT is on it's way up & up....off course son WB ikut sama sama juga.

And as brother Donpazac says the PROPOSED ISSUANCE OF MEDIUM TERM NOTES for $600 million must be that some mega project is coming on the way, if not don't need the MTN at all.....yes, money on the standby.

BTW, Malaysian Budget day is around September and this is the time that the construction sector will benefit the most.

My advice to all is NOT TO PANIC like yesterday & today & sell cheaply.....please have faith in this WCT & WB and I am confident we will find our gold mine soon.....just another 13 days to the Quarter Report & the dividend too....stay on my friends. We all have come a long way to now & let us all run the extra mile to complete our mission.

Cheers. good luck to all.

WCT is GREEN now, yahoooooo...son WB follow too?

Brother staphyloccocus , I collect plenty at 26.5 cents, heeheehee....people panic sell, I buy cheaply, haahaahaa

Yes, brother Donpazac , I believed it's is so as they need much money for very large projects [maybe coming soon] & this MTN is $600 million to help with the funding & finance....cheers

Hopefully the goreng will come for mother WCT first just like brother samuel said, the son WB follow willingly...cheers & start collecting.

Buy your WB now or you will be late as it's going up...mother going up too I presume....cheers

Yes brother jayrc23 , but there a number of brainless idiots who always condemned me whenever I recommend something....look around and you will see who these bloody idiots are...cheers.