Willow is in a positive region with nice pattern forming. Most likely it will touch 0.775 level and with increase in volume it should be able to test previous high of 0.795.
Willowglen sees 4.4% stake crossed below market price
Mon, 24 Feb 2014 16:22:00 +08:00
KUALA LUMPUR: Willowglen MSC Bhd saw 11 million shares crossed off-market at an average price of 59.5 sen, which was 24.3% below its current market price on Monday.
The 11 million shares accounted for a 4.43% stake based on its paid-up of 248 million shares.
At 4.10pm, it was down 0.5 sen to 73.5 sen. Turnover was 193,100 shares done at prices ranging from 73.5 sen to 75 sen.
The FBM KLCI fell 3.4 points to 1,827.34, tracking the decline in the overseas markets.
According to its website, Willowglen is a pioneer in developing the integrated supervisory control and data acquisition (SCADA) system.
It combines software with intelligent remote terminal units (RTUs) by providing telemetry, real-time motion video images and integration of various business systems.
It integrates the transmission of video data, interfacing for various different monitoring or business systems at respective downstream or upstream. This novel approach proves to be exceedingly cost-effective in terms of cabling and recurrent communications expenditure.
If 30% dividend (mean RM30), then with current price (0.71), you will get 4.2% return. So, that is why some people are disappointed as it declare only 20%.
So, if you still haven't own any Willow share and wish to invest, to my opinion, the best entry price is below 0.60, then you will get a return of 4.2% which is better than fix deposit or any house loan (If we assume that the dividend will be around 25%). However, you might get more as the share price will /might be increase.
this company profit is actually increase. They give less dividen because they just bought a new company and plan to expand their business. This counter is for long term and not for those trader.
Since they newly bought over a company, the profit from the new company will not able to see significantly in the next quarter report. Furthermore, normally when it reaches the mid of the year (around May/June), the whole share market is a bit slower. I bought Willow last time at 0,34 years ago and just got profit last year. For me, I will wait for the next quarter result if the price is not below 0.60 for me to re-enter Willow.
With PE<10, ROE=22, DY=4, fundamentally this might be one of the best counters in KLSE. People are too busy chasing high in Dsonic and negleting this hidden gem.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
duitKWSPkita
26,756 posts
Posted by duitKWSPkita > 2014-01-10 21:15 | Report Abuse
No no news. Just normal counter only. Good news is so many got this counter in cheap price last few days.