Posted by titus > 2018-06-29 11:02 | Report Abuse

bought waseong......oil price going up and rm has weaken against the usd. The last Q it was hovering at 3.89/3.90 and now up to 4.04 going to 4.05. I believed the increase in oil price and strengthen of usd a plus point for waseong....

Posted by billionn > 2018-07-03 11:10 | Report Abuse

Aiyo this stock is in the downtrend lor once it breaks 1.27 better cabut lor from rm1.00 become rm0.10 if kept in long term

Posted by Jordon Lim > 2018-07-05 20:46 | Report Abuse

Does waseong involve in ssert project?

Posted by Ammar Roshidy > 2018-07-06 18:13 | Report Abuse

The question is why is it on a down trend. When everything is positive for this company.

Posted by billionn > 2018-07-08 23:23 | Report Abuse

Gd question. Everything seems to be right but price is trending down something negative is brewing internally n we r still in the dark. We can be wrong but not price.

Posted by david81 > 2018-07-09 15:11 | Report Abuse

still waiting to offload when missed the boat early of the year...-.-

Posted by octop > 2018-07-12 10:43 | Report Abuse

1.25 started to loss ground after Trump mentioned abt "Nord Stream 2" in NATO Summit! WTF!!!

Posted by david81 > 2018-07-23 10:56 | Report Abuse

is something is cooking?

Posted by titus > 2018-07-23 15:07 | Report Abuse

Usd up. Meaning wah seong earn more loh. Also saudi want to keep oil above $70. So oil is business is protected. Both are gd news for waseong

Posted by junetan20 > 2018-08-01 16:41 | Report Abuse

flying?

Posted by mukhriz02023 > 2018-08-02 23:17 | Report Abuse

What make you said that?

Posted by mukhriz02023 > 2018-08-14 11:30 | Report Abuse

Keep going down

Posted by SmallFish8 > 2018-08-17 08:48 | Report Abuse

Down Down Down.... Come on Waseong you can do better than this.

Posted by Jarklp > 2018-08-18 18:20 | Report Abuse

need new contracts to move....this one not for short-term players

Posted by jordanmaggie61 > 2018-08-20 11:32 | Report Abuse

Never regret for buying this stock, profit is real

Posted by mukhriz02023 > 2018-08-20 15:58 | Report Abuse

Not real dude

Posted by SmallFish8 > 2018-08-20 16:14 | Report Abuse

Haven't even disclosed yet... no so fast make conclusion... hehehe....

Posted by Jeremy Lim > 2018-08-28 10:14 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/28/wah-seong-aims-big-in-pipecoating-industry/

Posted by Yael Jasper > 2018-08-28 10:44 | Report Abuse

Looks good to buy,profit incoming.....

Posted by mukhriz02023 > 2018-08-28 14:56 | Report Abuse

when is qr?

Posted by nuke > 2018-08-30 16:42 | Report Abuse

Suspicious. Price keeps on moving south. Hiding some bad news?

Posted by nuke > 2018-08-30 16:44 | Report Abuse

Price falls despite endless share buybacks.

Posted by yeekarwai 95 > 2018-08-30 18:39 | Report Abuse

200% PAT growth

Posted by nuke > 2018-08-30 18:54 | Report Abuse

Price has been going south for s long time. Hiding some bad news?

Posted by wakarimas > 2018-08-30 19:19 | Report Abuse

good qr result

Posted by sysz820 > 2018-08-30 19:31 | Report Abuse

Waseong good result compare others oil counter

Posted by Investor 9999 > 2018-09-03 10:41 | Report Abuse

For the quarter Q2 2018, the Group recorded revenue of RM 760.0 mil, more than 70% increase from its revenue of RM 446.0 mil in the corresponding quarter last year. This had contributed to the Group recording a healthy net profit after Non-Controlling Interests of RM 21.0 mil (with EPS of 2.72 Sen) from RM 6.9 mil (with EPS of 0.9 Sen) in the corresponding quarter in 2017.


For the 1st half Year 2018, the Group recorded revenue of RM 1,553 mil, about 204% increase from its revenue of RM 763 mil in the corresponding 1st Half last year 2017. The Group recording a healthy net profit after Non-Controlling Interests of RM 50.3 mil (with EPS of 6.5 Sen) from RM 16.4 mil (with EPS of 2.12 Sen) in the corresponding 1st Half year in 2017, a jump of 306%.

Gross profit margin in Q2 has improved to 11.24% compared to 10.61% in Q1, however when compared to FY 2017 of 12.43%, it is lower due to weaker RM vs USD resulting in an exchange loss of RM6 mil for Q2 and RM5.5 mil for 1st Half 2018. I reviewed the core Oil and Gas profit before interest, before share of results of Associates and JV entities and exceptional income and expenses, its core profit for Oil and Gas has improved from Q4 2017 of RM34.4 mil to RM37.2 in Q2 2018.

When compared Q2 2018 profit before tax against Q1 2018, Q2 PBT has dropped from RM35.9 mil to RM28.9 mil. However take note that there is profit on disposal of PPE of RM8 mil in Q1 and Q2 Profit on disposal of PPE is RM1 mil. If you adjust the gain on disposal of PPE out, core profit before tax has remained the same at for both quarters at RM 27.9 mil despite Q2 suffering Forex Loss of RM 6 mil.

Posted by junetan20 > 2018-09-03 15:26 | Report Abuse

can buy now?

Posted by kokchengkai > 2018-09-04 16:42 | Report Abuse

what happend to waseong ...curious why keep droping after QR report

Posted by Tripaka > 2018-09-04 17:46 | Report Abuse

Running south again...

Posted by david81 > 2018-09-05 10:34 | Report Abuse

gone case suddenly....

Posted by Lim Tek Wai > 2018-09-05 10:43 | Report Abuse

Best timing to invest now, buy more earn more hehehe

Posted by TIticamara > 2018-09-05 11:37 | Report Abuse

Wah Seong’s share price likely to still be under pressure as the status of our local pipeline projects i.e., Trans Sabah Gas Pipeline and Multi Products Pipeline remain uncertain.

Posted by lloydlim > 2018-09-05 15:26 | Report Abuse

Waiting at 0.90 to start buying

Posted by Chengkai Kok > 2018-09-05 15:34 | Report Abuse

They involved in sabah pipeline project meh;??

Posted by Chengkai Kok > 2018-09-05 15:38 | Report Abuse

USD strong izzit good for waseong??

Posted by bonbon > 2018-09-05 15:54 | Report Abuse

I don't think Waseong was involved in the Sabah pipeline. Really curious why it drops unstoppably since it released its quarter result. The result is not bad. Anyhow, nowadays the whole market sentiment isn't good and this could impact the share price too

Posted by zombie321 > 2018-09-05 16:14 | Report Abuse

road to holland

Posted by Tripaka > 2018-09-05 16:30 | Report Abuse

No more waaaa.... Seong, now waaaa... Lok!!

Posted by systane > 2018-09-05 22:07 | Report Abuse

yes.. time to buy

Posted by Yael Jasper > 2018-09-06 10:32 | Report Abuse

Good job ! keep rising....

Posted by ITreeinvestor > 2018-09-06 14:38 | Report Abuse

Good job ! keep droping....

Posted by junetan20 > 2018-09-06 14:45 | Report Abuse

apahal ya?

Posted by Jeff Lee > 2018-09-06 22:40 | Report Abuse

train to holland...

Posted by andr > 2018-09-07 08:56 | Report Abuse

Buying in slowly but surely.

Posted by junetan20 > 2018-09-07 16:07 | Report Abuse

up back

Posted by Shareshare1594 > 2018-09-07 21:02 | Report Abuse

@Jeff Lee train to holland... you bought one-way ticket only ah? :)

Posted by Lim Tek Wai > 2018-09-12 11:42 | Report Abuse

This stock become stronger and stronger, worth to invest

Posted by david81 > 2018-09-12 12:01 | Report Abuse

below RM1....unbelievable

Posted by Davidl > 2018-09-12 13:11 | Report Abuse

Seems like downtrend towards 0.80