Posted by luckypunting > 2017-09-18 10:57 | Report Abuse

Oil & Gas sector is moving due to US Brent Crude price rally?

Posted by lloydlim > 2017-09-18 12:14 | Report Abuse

Make a come back soon?

Posted by luckypunting > 2017-09-26 15:02 | Report Abuse

Oil & Gas sector rotating 'goreng' .... will this counter be the next or miss the boat :p

Posted by rookie95 > 2017-09-26 18:57 | Report Abuse

why wont it just break rm 1

Posted by luckypunting > 2017-09-26 20:49 | Report Abuse

probably engine will start next week .... October Fest :D

Posted by rookie95 > 2017-09-29 13:44 | Report Abuse

need to wait another weekend :/

Posted by waseong > 2017-10-01 11:59 | Report Abuse

Time to collecting. JFE work coming..

Posted by rookie95 > 2017-10-03 10:31 | Report Abuse

Whats with the consecutive drop?

Posted by luckypunting > 2017-10-22 16:10 | Report Abuse

Can the profit expectation be delivered?

1) Wah Seong expects to perform better in FY17, saying its order book “remains healthy” at RM3.7 billion, with RM3.5 billion for O&G, RM231.1 million for renewable energy, and RM40.9 million for industrial trading and services

2) Average of net margin from 2006 to 2014 is 4.07% (lower band of 2.xx to upper band of 6.xx). If taking the conservative 2.00% net margin, RM3.7b order book translate to RM 74m, about EPS=9.5?

3) Taking 15xPE, 9.5x15 = 142, potential value for share price =1.42 (much room for upside from current 0.935, >50%)

http://www.klsescreener.com/v2/news/view/275257/wah-seong-posts-profitable-2q-on-improved-o-g-contribution

Posted by Jarklp > 2017-10-23 23:46 | Report Abuse

wah, you expect the RM3.7b book will be realised within a year? The revenue in the trailing 12-month was around RM1.3b.

Posted by luckypunting > 2017-11-08 11:20 | Report Abuse

diam diam je, quietly, unnoticed .... why operator don't want people notice and follow the uptrend? :p

sendiri makan tak kan gemuk wor!!

Posted by luckypunting > 2017-11-08 12:09 | Report Abuse

Oh, great! MACD can break zero! If share price stay above 1.00 in next few days, short term bullish will test Kenanga TP 1.10, then hopefully after that will test Maybank TP 1.30.

Possibly the uptrend will be supported by coming good quarter result? :p

Posted by toypoodle > 2017-11-08 12:09 | Report Abuse

On viagra? Get teady to sell

Posted by 1965wang > 2017-11-08 12:31 | Report Abuse

kah kah kah babi kena viagra

Posted by ktgm > 2017-11-08 12:49 | Report Abuse

tiba tiba ...

Posted by luckypunting > 2017-11-08 15:59 | Report Abuse

wah...really dun give face the price keep eating up...

Posted by ivan9511 > 2017-11-08 16:51 | Report Abuse

yes. lucky sapu at 80sen last time .
now good profit
limit up waseong
limit up limit up
limit up.
my armada and waseong also good profit .
only knm . knm I really disappointed with you knm I lost m9re than 30%
waseong profit more than 40%
armada profit 20%
knm loss about 35%
daya break even
diaolog profit
hibiscus profit
so please don't keep promote knm

Posted by lloydlim > 2017-11-08 18:04 | Report Abuse

Time to break new high!

Posted by luckypunting > 2017-11-08 20:25 | Report Abuse

Today Ron 95 up 7 cents ... sob*sob*sob* ... international oil price is increasing ...

Oil & Gas sector rotation play, now Waseong turn?

Posted by david81 > 2017-11-08 21:29 | Report Abuse

Waseong kena sued?? Tuoki

Posted by Penarak > 2017-11-08 22:39 | Report Abuse

Kena sue also price can up

Posted by ivan9511 > 2017-11-09 00:01 | Report Abuse

yes limit up

Posted by luckypunting > 2017-11-09 09:56 | Report Abuse

Going crazy .... anyone know what is the TP for the uptrend? Follow Maybank TP 1.30?

Can it sustain above 1.02 by this week?

Posted by lloydlim > 2017-11-09 10:41 | Report Abuse

Better than expected Qtr results to be released soon!

Posted by luckypunting > 2017-11-09 11:13 | Report Abuse

Is it really on the road to TP 1.30 by end Nov?? :p

Posted by luckypunting > 2017-11-09 11:20 | Report Abuse

https://klse.i3investor.com/servlets/staticfile/312276.jsp

Posted by Davidl > 2017-11-09 13:23 | Report Abuse

More to go in afternoon session!

Posted by luckypunting > 2017-11-09 13:49 | Report Abuse

"O&G counters rise on higher global crude oil prices"

http://www.theedgemarkets.com/article/og-counters-rise-higher-global-crude-oil-prices

Posted by 1965wang > 2017-11-09 14:58 | Report Abuse

hari ini babi kena lagi viagra kah kah kah

Posted by luckypunting > 2017-11-10 11:51 | Report Abuse

"Wah Seong Corp at higher high", says AllianceDBS Research

The research house said that indicators wise, the MACD was above the 9-day moving average line with the buy signal remains intact.

http://www.theedgemarkets.com/article/wah-seong-corp-higher-high-says-alliancedbs-research

Posted by Davidl > 2017-11-13 20:00 | Report Abuse

Good qtr result to be expected!

Posted by lloydlim > 2017-11-17 20:49 | Report Abuse

Turn around story in de making!

Posted by lloydlim > 2017-11-19 23:06 | Report Abuse

Initiate coverage with buy and a target price (TP) of RM1.35: Our TP of RM1.35 is based on 12 times fully diluted financial year 2018 (FY18) earnings per share (EPS), which is the sector’s weighted average price-earnings for small-cap players. After two years in the doldrums amid the collapse in crude oil prices and a dwindling order book, earnings are poised to rebound from FY17. The turnaround was set in motion following the award of a €600 million (RM3 billion) pipe-coating job for the Nord Stream 2 (NS2) project. On the back of a total order book of RM3.5 billion, we forecast an earnings per share (EPS) compound annual growth rate (CAGR) of 22% for the FY17 to FY19 period. With more stable crude oil prices, demand for pipe-coating and engineering services for the oil and gas sector should improve going forward as we pencil in a modest annual replenishment assumption of RM200 million. In addition to an improved earnings outlook, Wah Seong is also looking to pare down its over-leveraged balance sheet (1.07 times net gearing as of June 30) by disposing of non-core assets, including its loss-making 49%-owned plantation in Congo.

Earnings recognition of the NS2 project will accelerate from the second half of FY17 onwards as coating activities have progressed to double shifts during the period. The progressive earnings delivery and consensus earnings (below our estimates) upgrades will act as share price catalysts.

Amid the oil price recovery and eventual return of upstream activities, a stronger than expected order book replenishment will further rerate Wah Seong. Furthermore, progress in its non-core assets divestment exercise will also be a boost.

Posted by Kevin Khoo > 2017-11-21 23:15 | Report Abuse

https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/871054896387712/?type=3&theater

Posted by Davidl > 2017-11-22 01:54 | Report Abuse

Higher high to be expected today!

Posted by ivan9511 > 2017-11-27 17:12 | Report Abuse

yes.my waseong is up alot
lucky sell knm change to waseong
limit up

Posted by david81 > 2017-11-27 23:55 | Report Abuse

need to sell once the good result is out ?

Posted by Davidl > 2017-11-28 10:36 | Report Abuse

Uptrend towards 1.35!

Posted by hairry87 > 2017-11-29 18:19 | Report Abuse

Good result..tmr fly..

Posted by Davidl > 2017-11-29 22:46 | Report Abuse

Better than expected! Let's c how market react tmr!

Posted by Jarklp > 2017-11-29 23:08 | Report Abuse

Yeah, good quarter !

Posted by david81 > 2017-12-04 22:40 | Report Abuse

as expected, have been dropping since result out

Posted by Penarak > 2017-12-09 08:38 | Report Abuse

Has actually gone down
since the last Q results were announced

Posted by Ivan89 > 2017-12-28 13:28 | Report Abuse

Any tp?

Posted by Ramada > 2018-01-03 15:35 | Report Abuse

Resistance at 1.25.

Posted by Jarklp > 2018-01-03 15:54 | Report Abuse

Yesterday was pressed down to as low as 1.05.. and today up more than 10% ... something is brewing. I like its earnings visibility from NS2 project

Posted by godhand > 2018-01-03 16:25 | Report Abuse

because epf dispose

Posted by lloydlim > 2018-01-03 16:50 | Report Abuse

It is Time to break another new high!

Posted by calvintaneng > 2018-01-03 17:10 | Report Abuse

WASEONG?

WAH. SIONG AH!!!!

ANOTHER CHUN CHUN 100% UPSIDE CALL

HIP HIP HOORAY!

Posted by icjun > 2018-01-03 17:11 | Report Abuse

why epf dispose will raise the price?