Posted by johortiger > 2017-02-20 20:11 | Report Abuse

oil price 53.71
http://oilprice.com/Energy/Oil-Prices/Why-Sub-50-Oil-Is-More-Likely-Than-70-Oil.html

Posted by gooman > 2017-02-20 20:27 | Report Abuse

You can read the below article. 2017 should be a very good year for the company!
http://www.thestar.com.my/business/business-news/2017/02/20/rhb-research-raises-malaysias-export-growth-forecast-to-6pc/#MD1QsXKQUd3cKwDv.99

Posted by gooman > 2017-02-21 11:43 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/02/21/petronas-stocks-lead-klci-charge-early-tuesday/

Posted by anonboy > 2017-02-21 19:45 | Report Abuse

check the oil price!
http://www.reuters.com/article/us-global-oil-idUSKBN16003J

Posted by sheep > 2017-02-22 16:13 | Report Abuse

q r bad. sell

Posted by gooman > 2017-02-22 19:30 | Report Abuse

why do you think so?

Posted by wav3ran > 2017-02-27 22:27 | Report Abuse

I in ad
When quater reports release

Posted by wav3ran > 2017-02-27 22:29 | Report Abuse

?

Posted by sheep > 2017-02-28 01:38 | Report Abuse

QR will be bad with bif impairment like UMWOG

Posted by MusangK1ng > 2017-02-28 10:05 | Report Abuse

I AM OUT. GOOD LUCK FOLKS.

Posted by sheep > 2017-02-28 15:07 | Report Abuse

q result good?

Posted by shareinvestment7 > 2017-02-28 19:27 | Report Abuse

Walao eps -24

Posted by Tripaka > 2017-02-28 19:42 | Report Abuse

Waaaa.... loss still share go up?

Posted by anonboy > 2017-02-28 21:10 | Report Abuse

Shell Refining was 18.27% up today. Its QR was released today. Probably the next Wah Seong's QR will be good.

Posted by goldenluck16 > 2017-02-28 21:33 | Report Abuse

Unload your stocks at the earliest tomorrow

Posted by anonboy > 2017-02-28 21:33 | Report Abuse

Environment surrounding the company is getting better. The oil price is steady. You can hold the stock for a few months.

Posted by johortiger > 2017-02-28 22:56 | Report Abuse

Wah Seong dips further into the red in 4Q
http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=3843

The group said it is confident of returning to profitability in FY17 given its current order book of RM3.51 billion.

The order book comprises RM3.28 billion for oil and gas, RM165.8 million for renewable energy and RM63.4 million for industrial trading and services, it said.

Posted by klse888 > 2017-02-28 23:00 | Report Abuse

If exclude impairment loss then this q should be no gain no loss

Posted by nkk53 > 2017-03-01 12:32 | Report Abuse

below 0.80 only consider to buy

Posted by nkk53 > 2017-03-01 12:35 | Report Abuse

glad to know that Ws is disposing its plantation.Why go so far to invest in unknown territory like Congo instead of Sarawak or Indonesia

Posted by hewiester > 2017-03-01 18:21 | Report Abuse

Too pricey right now. Below 0.75, i will enter..

Posted by kiasu_trader > 2017-03-20 16:41 | Report Abuse

Power up !! Way to RM1

Posted by HandOfMidas > 2017-03-20 23:31 | Report Abuse

breakout!!! this stock will fly back to rm2. buy buy buy!!!

Posted by WarrenColdeye > 2017-03-21 19:35 | Report Abuse

Midas touch

Posted by Lulu La > 2017-03-30 17:15 | Report Abuse

u can see the share sold by EPF...he just absorb the selling

Posted by Luckyguy > 2017-04-13 17:50 | Report Abuse

Almost all waseong new ventures or M&A went to the drain....

Posted by OrangKuat > 2017-05-01 21:09 | Report Abuse

order book RM3.28 billion, question is can they complete it in a year?

Posted by Kingshare > 2017-05-02 14:24 | Report Abuse

was hold long time from 0.8x, finally up

Posted by ampabella > 2017-05-06 19:29 | Report Abuse

Huat argghhh, share market is a waiting game
sometimes you keep it can go double but
sometimes go burst
but I keep this WaSeong now below 90cts
better than someone hold at rm2.00

Posted by leoting > 2017-05-10 13:12 | Report Abuse

http://leoting81.blogspot.my/2017/05/5142-waseong.html

Posted by waseong > 2017-05-14 02:39 | Report Abuse

bad qtr come. if good, director buy already

Posted by ming > 2017-05-20 00:31 | Report Abuse

Director buy very much jor.. any info from today agm?

Posted by Casa1188 > 2017-05-20 14:54 | Report Abuse

Where show director buying?

Posted by ming > 2017-05-21 02:07 | Report Abuse

79% shareholding own by the 30 largest shareholders.. still not enough meh..

Posted by bisonbull > 2017-05-24 09:56 | Report Abuse

UP UP 0.96 now!

Posted by ding dong > 2017-05-30 10:14 | Report Abuse

..when is current qtr report...already month end..

Posted by johotin88 > 2017-05-30 19:33 | Report Abuse

Not a fantastic result but at least got positive earning.

Posted by Mosiong Wong > 2017-06-01 21:49 | Report Abuse

http://www.theedgemarkets.com/article/wah-seong-becomes-distributor-south-korean-doosan-group

Posted by bluecity > 2017-06-05 14:44 | Report Abuse

good sign today

Posted by sohaitrader > 2017-06-07 15:15 |

Post removed.Why?

Posted by Tomatoman79 > 2017-06-07 15:24 | Report Abuse

wooohooo charging

Posted by sohaitrader > 2017-06-07 16:05 |

Post removed.Why?

Posted by waseong > 2017-06-07 19:45 | Report Abuse

PETALING JAYA: The momentum of the oil and gas (O&G) sector in the country is expected to pick-up in the second quarter (Q2 17) onwards, thanks to cyclical recovery and high productivity.

Maybank IB Research, which is positive on the sector,  said it expect further pick-up in momentum in Q2 17 as volatility has receded, confidence has improved and costs have reset.

“The sector is on a cyclical recovery, as the oil market re-balances and capital expenditure (capex) grows. We expect stronger quarters ahead, as the sector moves into high productivity periods. 

“Our crude oil price assumption of US$53/bbl average for 2017 (Jan-May 17: US$54/bbl) is unchanged. We remain positive on the sector. Our key stock buys are Sapura Energy, Yinson, Dialog and Wah Seong,’’ Maybank IB said.

Elaborating further, the research house added that Organisation of Petroluem Exporting Countries (Opec) and non-Opec members recent extension of production cut (1.8 million barrels per day (bpd)) to June 2018 is market neutral but the commitment to drive down global stockpile is commendable, reflecting strong compliance and collaboration among members. 

On the domestic front, Petronas RM60bil capex commitment for 2017 (+20% year-on-year) is a positive, it noted, adding that the brokerage is slowly seeing a revival in upstream activities (i.e. rising drilling works).

Tenders pipeline are also on the rise, of which most (i.e. offshore support vessels (OSV), maintenance) are back-loaded in in the second half of this year, Maybank IB said. 

Commenting on its stock picks, the research house said it liked Sapura Energy as is a direct proxy, beta play for a recovering O&G sector outlook. Furthermore, it added monetising its gas assets is a catalyst not fully priced in yet.

As for Yinson, it is because of its undemanding valuations with strong earnings growth prospects, cashflow strength and proven execution capabilities, the research house noted. 

Its re-admission as a syariah compliant stock is another positive, Maybank IB said.

With Dialog, it is a direct proxy to Petronas Rapid and Pengerang play and another steady, long term growth story with much upside potential and cashflows/dividends to boot.

Wah Seong has strong earnings visibility over the next three years, backed by the EUR600mil NS2 job and inexpensive valuations vis-à-vis growth, the research house said. 

Maybank IB noted that Q1 17 results were generally in line, as out of the seven stocks under coverage whose results were released last month, five, or 71% came in line.

Posted by waseong > 2017-06-07 19:56 | Report Abuse

华商去年拿到了一场6亿欧元的工，马币有多少，你自己算一算。

Posted by waseong > 2017-06-07 19:59 | Report Abuse

这场 nord stream 2 的 pipe coating 工，全程长达 2500 公里的天然气输送管，从俄罗斯南方输送天然气到德国。如今在芬兰的工厂已设立，而且production已在三月份开始了。concrete coating 是公司的强项，而且是最赚钱的生意。所以在这三年里，公司会有稳定的营收。在加上在关丹工厂挪威的 Johan Sverdrup project已如火如荼进行中,还有跟 penergy 公司的营收，和其他 join venture 公司的营收，不得了..!

Posted by Kelcck > 2017-06-07 20:35 | Report Abuse

will fly tml

Posted by lloydlim > 2017-06-09 16:25 | Report Abuse

Time to accumulate

Posted by sohaitrader > 2017-06-11 21:00 | Report Abuse

hoseh WASEONG ! next week Break 1.00 see see Sohai cantteeek

Posted by ming > 2017-06-13 07:37 | Report Abuse

Glad to see that u are no more one day show baby..haha

Posted by kyaputencom > 2017-06-13 07:47 | Report Abuse

short to mid term upside is still possible