Followers
0
Following
0
Blog Posts
0
Threads
79
Blogs
Threads
Portfolio
Follower
Following
2015-01-08 12:01 | Report Abuse
everyone attention on goreng furniture. keep an eye on wellcall, wahahahah, same export business. dont miss the boat.
2015-01-08 11:58 | Report Abuse
everyone attention on goreng furniture. keep an eye on wellcall, wahahahah, same export business. dont miss the boat.
2015-01-07 15:31 | Report Abuse
IPOH-based Wellcall manufactures industrial rubber hoses used across a broad swath of the economy — for air and water, welding and gas, oil and fuel, automobile, shipbuilding as well as food & beverage sectors.
Earnings grew steadily for the past four years. In FY Sept 2013, Wellcall saw lower revenue — as customers held back purchases in anticipation of lower prices — but still managed to grow profits, thanks to lower rubber costs. In the latest FY14, both sales and net profit rose — by 11.3% to RM146.4 million and 19.1% to RM29.4 million, respectively. Net margin increased from 11% in FY11 to over 20% in FY14.
The current regime of low commodity prices and weak ringgit bodes well for Wellcall. Almost 91% of the company’s sales are exported, to all over the world.
The ringgit is expected to stay weak, now at the lowest level against the US dollar since mid-2009.
Meanwhile, bulk latex prices have fallen from 536 sen/kg at end-2013 to as low as 350 sen/kg in December 2014 before recovering slightly, on expectations of lower output due to massive flooding. Nevertheless, competition from synthetic rubber — whose prices are correlated to oil — will keep a lid on the recovery.
The Edge Research rates Wellcall a maximum Fundamental score of 3 and 2.1 out of 3 for Valuation.
The company is sitting on net cash of RM41 million, which together with steady operating cashflow will continue to support a generous dividend payout.
Indeed, annual dividends paid have been on a gradual uptrend. Dividend payout was a high 94% in FY14, well above its minimum 50% payout policy. Shareholders would have earned a net yield of 5.32% based on current share price of RM1.56.
ROE has been rising steadily, from 20% in FY11 to over 35% currently.
2015-01-07 15:30 | Report Abuse
Insider Asia’s stock of the day: Wellcall Holdings Bhd
2015-01-07 14:44 | Report Abuse
read the edge this morning, mondrian is buying. paid the edge to write that article. going strong now, hitting 1.60 soon. dont miss the boat.
2015-01-05 15:53 | Report Abuse
anytime 1.70 dont miss the boat
2015-01-05 15:53 | Report Abuse
i am a trader in the hse, mondrian capital is accumulating. reshuffling their 2015 portfolio.
2015-01-05 15:52 | Report Abuse
buying volume is very strong
2015-01-01 12:44 | Report Abuse
Christ1234 top pick for 2014
CCMDBIO
Wellcalll
Uchiteccc
2014-12-31 16:58 | Report Abuse
its 7.50, any one pick money as I notice u guys. Happy new year.
2014-12-31 16:18 | Report Abuse
confirm > RM 7.50 at 5pm. Quickly grab now, music just started. New Year free money.
2014-12-31 10:41 | Report Abuse
Hit RM 7.50 yesterday. Window dressing by Aberdeen before close of trading later.. Quickly take the position NOW. Huat ar.
2014-12-30 16:44 | Report Abuse
buy some for quick profit. foreign hse ( Aberdeen) likely to window dress this counter tomorrow, with thin volume and their holdings. At least 5% from this price.
2014-12-24 16:05 | Report Abuse
Keurig recalls 7.2 million single-serve brewers, stock falls
http://www.reuters.com/article/2014/12/23/us-keurig-green-recall-idUSKBN0K10XK20141223
Hazard identified
Water can overheat during the brewing process, spray out and burn consumers.
Keurig has received 25 reports of incidents involving liquid spraying from the product in Canada, which resulted in 17 minor burns.
Health Canada has not received any reports of consumer incidents or injuries related to the use of the brewers.
Number sold
Approximately 563,892 brewers were sold in Canada and approximately 5,997,173 in the United States by various retailers.
Time period sold
The recalled brewers were sold from December 2009 to December 2014 in Canada and the United States.
Place of origin
Manufactured in China and Malaysia.
Companies
Manufacturer
Simatelex Manufactory Co., Ltd.
Wong Chuk Hang
CHINA
Manufacturer
V.S. Plus Sdn. Bhd.
Johor
MALAYSIA
Distributor
Keurig Green Mountain, Inc.
Waterbury
Vermont
UNITED STATES
2014-12-23 10:42 | Report Abuse
wow highest 1.51... Break 1.55 soon.
2014-12-22 17:46 | Report Abuse
Mondrian is major shareholder of wellcall. aiyo must be them. looks like the rumors is real, huge buying volume.
2014-12-22 17:23 | Report Abuse
almost all time high, thank you mondrian investment for pushing. depreciation in MYR makes the share price looks attractive to long term foreign investors. Good move, Mondrian.
2014-12-22 14:16 | Report Abuse
http://www.mondrian.com/ Assets Under Management (as of September 30, 2014) $67 billion, no wonder it rises this few days.
2014-12-22 14:15 | Report Abuse
caspio, my friend work in sell side says there is rumours mondrian investment is accumulating in the view to hold 5%.
2014-12-22 14:13 | Report Abuse
local fund is building up momentum to attract retail investors. so that they can sell their stakes bought at expensive time.
2014-12-22 14:12 | Report Abuse
company with no prospect bro. gov cut back infra spending.
2014-12-22 13:57 | Report Abuse
Go go go Uchitec, break 1.50 soon. Depreciation in USD is beneficial for the company + 5c dividends ex 29/12
Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD
2015-01-14 14:19 |
Post removed.Why?