Good morning.... Haha ha... Sour apple really gila already..... Cases up to five digits also cannot pull down genting much.... Last round was even dropped to around 4.50. Hold tight tight..

Rumours said mrt 3 not under gamuda... I also don't know true or not. Could be the selling reason recently.

Pbb was pushed up to 4.90 after BI, for not even one hour, then dropping back to 4.30 on the same day...do your homework lah. This is typical push to grab money from contra players and daily traders.... Not affecting long term investors lah.

Come on.... Sellers.... No power? I want to see what happens if break 4....since so many people want to buy below 4.

Difficult to drop.... Sellers no power.

Show is going to start again... 4.01 and 4.00 supporters are unlimited. Let see who win today.

Market sentiment not good. Not much to expect today.

Yes, got the share dividend. I think most of the short term traders are gone. Good time to collect if you can hold for long term.

Hope gens wouldn't like sands.

https://www.channelnewsasia.com/news/singapore/covid19-singapore-jul-21-jurong-port-ktv-marina-bay-sands-casino-15261182

Market sentiment is bad now. Today still can't break 4....see tomorrow how. Not going to sell or buy. Just for fun watching.

Above is from UOB report. Will hold tight tight first.

COMPANY UPDATE BUY

WCT Holdings (WCTHG MK)
2021 Will Be A Monetisation Year
The surprise Nad Al Sheba Dubai Racecourse contract dispute settlement will see WCT
pocketing a net proceed of RM575m. Coupled with the asset monetisation exercise,
WCT’s balance sheet would vastly improve moving forward. Given the stock’s relatively
muted reaction to the news, further near-term share price appreciation is expected.
Other potential share price catalysts will be more job wins in East Malaysia. Maintain
BUY with a higher target price of RM0.93 (from RM0.70).
WHAT’S NEW
• Dubai dispute resolved. WCT Holdings (WCT) has received the first tranche of RM319.2m
from Meydan Group LLC (Meydan) due to the Nad Al Sheba Dubai racecourse contract
dispute settlement. This has helped to lift concerns over the finality of the court ruling. The
remaining RM509.1m will be paid in 12 quarterly instalments of RM42.5m starting 20 Oct 21.
We gather that after paying off its subcontractor, the net proceeds are estimated at
RM575m, which should help the company’s net gearing improve to 0.5x (from 0.65x).
• Proceeds utilisation. We do not expect the company to pay out any special dividends given
the COVID-19 situation. WCT will most likely utilise the proceeds to pare down its debt
(estimated at RM200m) and preserve the remaining for future working capital needs. WCT
also expects to report a gain of RM173m from the settlement which, based on our estimate,
will be recognised starting 3Q23, after it covers all the costs.
• Deleveraging exercise on track. We understand that the Sungai Buaya land sales
negotiation is expected to finalise soon. WCT expects to raise RM200m from this transaction
but with minimal profit. Should this deal go through, it will improve WCT’s net gearing to
0.52x (from 0.65x), including the RM319.2m it received from Meydan. Ytd, WCT has raised
RM135m from land sales recognised in 1Q21. The property sales target of RM1b for 2021 is
still achievable assuming the property sector could resume operation in August.
• Impact of EMCO. All WCT’s Klang Valley construction projects are being put on hold during
the enhanced movement control order (EMCO) which started on 3 July. Note that Klang
Valley projects constitute about 75% (RM3.9b) of WCT’s outstanding orderbook.

Market sentiment is really bad now. Hold tight tight first.

Very tight range fighting..... See who wins at the end. Long time, pbb is sleeping.

https://themalaysianreserve.com/2021/07/21/union-tell-us-whether-the-subang-airport-deal-is-on-or-off/amp/

This guy was born yesterday? Haha ha...

Sellers are shorties lah... See who is more powerful. Just watching the show.

I think everyone is not so sure what is the real impact on wct. One said need to pay sub con, but others didn't mention anything about payment to subcon...so far, the only same point of three the reports is up in TP. Everyone is likely guessing only because it happened too long ago. Better wait for the next QR or announcement from wct. I will just sit on my shares for the time being until I get a clearer picture. Hold tight tight first.

MIDF report.

https://klse.i3investor.com/m/blog/sinchew_company_story/2021-07-19-story-h1568693765.jsp

I think big boss will kick this apple out soon like shareinvestor88... Haha ha ha...

Time to break 5.....come on genting......

Sinovac is OK. Done my long time ago with no issue. Just get whatever vaccine you can get now. Later, if you want, you can get your favourite vaccine. Not a good time to delay vaccination.

Already waiting to buy below 4 for 6 months, still shouting below 4.....haha ha...

Last year 3 digits cases already cry father cry mother.... This year 5 digits cases, EMCO also can remove.... The keyword is vaccine and we about to achieve what other high vaccinated countries achieve. Hold tight tight. By the way, need to monitor UK situation as they are putting themselves into experiment for everyone to see.

Epf nowadays like to buy at low, but will sell when price moves higher a bit like short term trader.

Haha ha.. Uncle is neutral.... I only read selectively.

My opinion, this case drag on for too long... I don't see any consistency of analysing in the analysis reports. So, we need to wait for next QR. The next QR will be able to give us a clearer picture. Hold tight tight first. As I always said, don't think that the big boss dare to dump so much money in if he has no confidence. Of course, he do it for long term. If you want to trade only, then it is another issue.

Haha ha.... How long do need to wait to get pbb below 4? Wait for my next dividend.

Don't take jpm TP lightly..... A lot of people don't believe their TP for TG 3.50 in the beginning. Now you see... Their TP 7 to genting will boost genting movement.

Choysun, may be not hard working enough... Boss kicked him/her out... Haha ha

Not much selling pressure today after huge volume two days ago. Good sign for next week movement.

Haha ha.... This sour apple and shareinvestor88 are my "good friends".

Apple also running out of idea, how to create fear..... Come on give a better try..... Sour apple. Haha ha

Haha ha.. When we have about highest cases, EMCO removed...... I think genting is going to fly next week.

319 million in the pocket...... Announced by wct just now.

Just hold tight tight...

https://klse.i3investor.com/m/stock/headlines/9679.jsp

I am speechless...... Do you guys see the icu number? Yes, infected cases up so many, but icu beds used number just hanging around the same level... I am not going to teach you everything. Use your brain to think. If not, your brains will get worse in functioning.

If I have TG share.. I will sell now before it drops below 3.50...seriously.

Market is not affected by our comments.

https://www.theedgemarkets.com/article/wct-holdings-45-morning-after-unit-gets-rm828m-cash-closure-12year-dubai-racecourse-dispute%C2%A0

TP 0.67....can't invest just base on TP lah. Haha ha

Yes, better run if you don't have holding power.. Yesterday high volume will due tomorrow. I am holding for long term, so I like to see tomorrow trading pattern.

Glove will fly.... Best joke of today... Haha ha.

Haha ha....... Yes better run if you just want to trade....

Green today.. Hmmm...... Long time no see.

Yes. Agree... Will hold and wait. Hope this settlement can help wct to turn around.

Wait for other IB reports......cgs-cimb also don't know how to give TP... Don't believe their tp but need to read their analysis. Hold tight tight for the moment.

https://www.theedgemarkets.com/article/wcts-rm828m-dubai-dispute-closure-should-remove-its-share-price-overhang-says-cgscimb

Hmmmm... Lower and lower..... No rush...