WASCO BERHAD

KLSE (MYR): WASCO (5142)

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Last Price

1.26

Today's Change

-0.03 (2.33%)

Day's Change

1.26 - 1.29

Trading Volume

1,667,000


3 people like this.

2,705 comment(s). Last comment by Invest_888 3 days ago

Posted by Wong Kah Wei > 2020-09-24 09:25 | Report Abuse

mati waseong drop drop lagi

tkl88

8,712 posts

Posted by tkl88 > 2020-09-27 11:36 | Report Abuse

Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats !
So that our politic will be stable for another 3 years till 2023 election !
It’s good for our economy, like that next week KLSE will be spike up like mad already !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-29 00:06 | Report Abuse

Wow, Dow Jones spike up to sky high !
As at 11.53pm,
Dow Jones at=> 27,665.15 (+491.19) (+1.81 %) !

Posted by Wong Kah Wei > 2020-09-30 08:26 | Report Abuse

Bod buat apa dalam tiga thn tak ada projects besar pun.

tkl88

8,712 posts

Posted by tkl88 > 2020-10-05 12:41 | Report Abuse

Budget 2021 expected to be expansionary Monday, 21 Sep 2020
By DALJIT DHESI
https://www.thestar.com.my/business/business-news/2020/09/21/budget-20...

PETALING JAYA: Budget 2021, which will be tabled in November, will be expansionary though narrower than Budget 2020, with economists projecting a budget deficit of 4% to 6% next year.

The government, they said, would need to revitalise the economy with appropriate measures due to the uncertainties arising from the Covid-19 and the weak global economy, which has caused many nations to fall into recession.

The World Bank expects Malaysia’s fiscal deficit to gross domestic product (GDP) to widen to 7% this year, underpinned by increased expenditure and downward pressure on revenue. The government, however, expects the fiscal deficit to be at 5.8% to 6% this year.

Economists expect the government to look into some core areas to ensure Malaysia is on the right track to achieve economic sustainability post-pandemic.

Socio-Economic Research Centre executive director Lee Heng Guie told StarBiz that the federal government is torn between managing a tight fiscal space and keeping the country’s sovereign rating intact.

"In our view, the government should go for another year of fiscal deficit targeted at public spending and programmes as well as the provision of tax incentives and allowances to boost private investment, creating jobs and income.

tkl88

8,712 posts

Posted by tkl88 > 2020-10-05 12:43 | Report Abuse

Yes, pre-budget 2021 bull market is coming !
Budget 2021 will be unveiled on Nov 6 !
So, now onwards O & G theme will be super bullish !

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-10-06 08:23 | Report Abuse

‪Walaoeh ! ‬
‪Dow Jones continue it’s bull run by‬
‪spike up 400 over points !‬
Dow Jones closed at=> 28,148.64 (+465.83) (+1.68%) !

Posted by Wong Kah Wei > 2020-10-06 09:23 | Report Abuse

new low again!!!

Keyman188

5,968 posts

Posted by Keyman188 > 2020-10-06 20:52 | Report Abuse

没有更低,只有更加低

tkl88

8,712 posts

Posted by tkl88 > 2020-10-06 22:47 | Report Abuse

Wow, oil price spike up to sky high !
As at 10.15pm,
Nymex=> $40.70 ‪(+1.48) (+3.77%) !‬
Brent=> $42.68 ‪(+1.39) (+3.37%) !‬

Posted by Wong Kah Wei > 2020-10-07 14:35 | Report Abuse

still inside black hole

Nkk1370

277 posts

Posted by Nkk1370 > 2020-10-19 22:25 | Report Abuse

Add more at 0.45

Posted by Wong Kah Wei > 2020-10-21 19:50 | Report Abuse

No hope ad.

tanrich

23 posts

Posted by tanrich > 2020-10-22 11:47 | Report Abuse

Black hole not for long. Their only competitor Shawcor in Malaysia has closed and tapow. That means waseong can tapow all the local projects which are coming in next 2 or 3 years.

tkl88

8,712 posts

Posted by tkl88 > 2020-10-30 12:40 | Report Abuse

Top up more Waseong @0.39

tkl88

8,712 posts

Posted by tkl88 > 2020-10-30 12:43 | Report Abuse

Next Tuesday 3-11-2020 is US election day and on Wednessday 4-11-2020 we will know the result !
So, just countdown 3 trading days only !

For those who wanted to sailang, should sailang now or one day before the result is out, which is sailang before
or on 3-11-2020 (Tuesday) !

Huat ah ! Heng ah ! Ong ah !

Posted by Wong Kah Wei > 2020-10-30 18:54 | Report Abuse

New low again

klna75

51 posts

Posted by klna75 > 2020-11-01 22:01 | Report Abuse

reason of sailang?

hunterz86

125 posts

Posted by hunterz86 > 2020-11-02 15:23 | Report Abuse

nyek nyek sailang

tkl88

8,712 posts

Posted by tkl88 > 2020-11-03 17:46 | Report Abuse

Wow, oil price continue to spike up !
As at 5.42pm,
Nymex at => $38.16 (+1.35) (+3.67 %)
Brent at => $40.20 (+1.23) (+3.16 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-04 07:22 | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06%) !

World stocks super bull market is coming !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-04 12:34 | Report Abuse

Latest US election update !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-04 12:34 | Report Abuse

As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !
Huat ah ! Heng ah ! Ong ah !

tamp0i

912 posts

Posted by tamp0i > 2020-11-06 18:51 | Report Abuse

Once in a life time you get to buy Wah Seong at such price. Cash available 186 mil, assets 2.62 bil, 1.18 NTA... Buy and wait for spring time

kenie

1,641 posts

Posted by kenie > 2020-11-06 22:35 | Report Abuse

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description WAH SEONG CORPORATION BERHAD ("THE COMPANY" OR "WSC")
- MEMBERS' VOLUNTARY WINDING UP OF SYN TAI HUNG CORPORATION SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Further to the announcement made on 18 November 2015, the Board of Directors of WSC wishes to announce that Syn Tai Hung Corporation Sdn Bhd (“STHC”), an indirect wholly-owned subsidiary of WSC had held its final meeting for the Members’ Voluntary Winding Up and was fully dissolved.

The Members’ Voluntary Winding Up of STHC will not have any effect on the share capital and shareholdings of the substantial shareholders of WSC and will not have any financial impact on the gearing, earnings and net assets of WSC Group for the financial year ending 31 December 2020.

None of the Directors, major shareholders of WSC or persons connected to them have any interest, direct or indirect, in the Members’ Voluntary Winding Up of STHC.

This announcement is dated 6 November 2020.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-08 02:22 | Report Abuse

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.google.com.my/amp/s/www.nytimes.com/2020/11/07/us/politics/biden-election.amp.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-08 02:49 | Report Abuse

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 14:39 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 21:52 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 23:28 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 00:17 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Nkk1370

277 posts

Posted by Nkk1370 > 2020-11-10 17:16 | Report Abuse

Add 0 .415

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 02:01 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 07:58 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run ! Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 percent) !
Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 19:06 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-11-17 07:45 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 07:45 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 07:46 | Report Abuse

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 08:33 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

awesome20

1,184 posts

Posted by awesome20 > 2020-11-22 21:11 | Report Abuse

collect more before late...

tkl88

8,712 posts

Posted by tkl88 > 2020-11-24 02:22 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

lloydlim

3,953 posts

Posted by lloydlim > 2020-11-24 10:05 | Report Abuse

Time to accumulate!

Posted by Wong Kah Wei > 2020-11-24 18:45 | Report Abuse

Gane over tomorrow RM0.2 can get going to bankrupt

JT1969

377 posts

Posted by JT1969 > 2020-11-24 18:45 | Report Abuse

Shocking huge losses for Q3. Looks like this stock is going to go down big time tomorrow.

Posted by WHLim001 > 2020-11-24 19:01 | Report Abuse

Better than expected performance. Operationally has improved nearly double what they scored Q-o-Q. Looking robust with circa 25% increase in their order book and significant better 4Q y-o-y for sure.

JT1969

377 posts

Posted by JT1969 > 2020-11-24 19:21 | Report Abuse

Reported loss of RM255 Million considered better than expected performance. Damned ..

Posted by WHLim001 > 2020-11-24 19:27 | Report Abuse

It’s about recovery story. The one time loss is similar to Genting write off in previous years. Considering their past quarters performance, it’s on uptrend and recovering well. Let’s see how institutional investors bet on this tomorrow. Cheers.

JayC88

898 posts

Posted by JayC88 > 2020-11-24 22:29 | Report Abuse

Could be a good opportunity to pick up if there is panic sell on opening.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-25 01:33 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

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