WONG ENGINEERING CORPORATION

KLSE (MYR): WONG (7050)

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Last Price

0.295

Today's Change

-0.005 (1.67%)

Day's Change

0.295 - 0.31

Trading Volume

1,191,500


2 people like this.

1,730 comment(s). Last comment by ZoeZoe 6 days ago

Posted by Foreign_Invest > 2021-12-15 23:12 | Report Abuse

wow, great QR again. Tomorrow will limit up

LalaSiham

44 posts

Posted by LalaSiham > 2021-12-16 09:03 | Report Abuse

It's going up. Good job Wong.

Posted by zakikitoro > 2021-12-16 09:07 | Report Abuse

Profit making company. Buy and hold

Seven77

185 posts

Posted by Seven77 > 2021-12-16 09:45 | Report Abuse

chasing kobay at rm 6.00 he he

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-16 10:38 | Report Abuse

Wong is a good company, just hold and wait rebound to RM1 first. Continue to outperform, looking forward to 2022 RM2

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-16 10:39 | Report Abuse

Wong Sifu no power d. haha

Blacksails

762 posts

Posted by Blacksails > 2021-12-16 13:58 | Report Abuse

Good QR but unfortunately Div. will be only 1sen which is too low for longer term investment against expected Div. of 2 sen or higher.

Blacksails

762 posts

Posted by Blacksails > 2021-12-16 14:02 | Report Abuse

Hopefully the upcoming PP will push the share up to the 70-80 sen range

greencode

1,692 posts

Posted by greencode > 2021-12-16 15:24 | Report Abuse

Just put in and sleep well for 2 years

Posted by sherlockman > 2021-12-16 17:34 | Report Abuse

Great performance today Wong!!

Olele888

32 posts

Posted by Olele888 > 2021-12-16 21:29 | Report Abuse

go wong go at least rm1 pls

Skylight8

146 posts

Posted by Skylight8 > 2021-12-17 01:05 | Report Abuse

tmr will be above Rm 0.70

LalaSiham

44 posts

Posted by LalaSiham > 2021-12-17 09:41 | Report Abuse

Wong lost steam?

kfliau

1,969 posts

Posted by kfliau > 2021-12-17 10:24 | Report Abuse

Wong Fei Hung close shop

brandon99

150 posts

Posted by brandon99 > 2021-12-17 10:24 | Report Abuse

Something Wong or something wrong?

greencode

1,692 posts

Posted by greencode > 2021-12-17 11:27 | Report Abuse

Just add in and sleep well guys. Close your laptop and open feb 2022

Raiz368

1,574 posts

Posted by Raiz368 > 2021-12-22 16:22 | Report Abuse

Wong on the way to breakout...0.635...TP 70 cent after breakout

Raiz368

1,574 posts

Posted by Raiz368 > 2021-12-22 19:00 | Report Abuse

Tomorrow sure breakout...

Blacksails

762 posts

Posted by Blacksails > 2021-12-22 19:07 | Report Abuse

I will start selling when it hits above 66 sen onwards

Posted by jeffrey1166 > 2021-12-22 19:38 | Report Abuse

tp 0.73

Kukubai

106 posts

Posted by Kukubai > 2021-12-22 20:18 | Report Abuse

Just announced give free warrants

nextan

713 posts

Posted by nextan > 2021-12-22 23:00 | Report Abuse

Please share the news bro

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-22 23:17 | Report Abuse

On behalf of the Board of Directors of WECB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company intends to undertake the following:-

i. a bonus issue of up to 131,801,486 free warrants in WECB ("Warrant(s)") on the basis of 1 Warrant for every 2 existing ordinary shares in WECB ("WECB Share(s)" or "Share(s)") held by shareholders of the Company whose names appear in the Company's record of securities holders established by Bursa Malaysia Depository Sdn. Bhd. ("Bursa Depository") under the rules of Bursa Depository pursuant to the Securities Industry (Central Depositories) Act, 1991 ("Record of Depositors") on an entitlement date, to be determined and announced later by the Board ("Entitlement Date") ("Entitled Shareholders") ("Proposed Bonus Issue of Warrants"); and

ii. the establishment of a long term incentive plan, which comprises the proposed employee share option scheme ("Proposed ESOS") and the proposed share grant plan ("Proposed SGP"), of up to 15% of the issued share capital of the Company (excluding treasury shares of WECB, if any) at any point in time during the duration of the long term incentive plan, for the eligible employees and Directors of WECB and its subsidiary companies ("WECB Group" or the "Group"), which are not dormant, who fulfil the eligibility criteria as set out in the by-laws of the long term incentive plan ("Proposed LTIP").

(collectively, the "Proposals")
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3220738

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-22 23:18 | Report Abuse

how ya? I got keep wong. I don't know warrant, anyone can explain to me..

Raiz368

1,574 posts

Posted by Raiz368 > 2021-12-22 23:37 | Report Abuse

Sell on news...tomorrow sure pull back

Abc 123

45 posts

Posted by Abc 123 > 2021-12-23 07:17 | Report Abuse

Good news.. keep hold.. !!

nextan

713 posts

Posted by nextan > 2021-12-23 08:56 | Report Abuse

1.00 in 3 months time

Posted by harudin harudin > 2021-12-23 10:48 | Report Abuse

terbang

kevcha66

119 posts

Posted by kevcha66 > 2021-12-23 11:22 | Report Abuse

up up up

Skylight8

146 posts

Posted by Skylight8 > 2021-12-23 11:31 | Report Abuse

afternoon later will break 0.700 , wait for it

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-23 12:09 | Report Abuse

Wong really strong after come back. Break out downtrend and now become uptrend. Wish you 1 month break RM1.

Posted by zakikitoro > 2021-12-23 16:36 | Report Abuse

Tomorrow break 0.70..oooo yeahh

Posted by UnicornTrader > 2021-12-23 20:46 | Report Abuse

Got potential, hang in there till it breaks RM1 :))

iyin666

89 posts

Posted by iyin666 > 2021-12-24 00:28 | Report Abuse

Wong has proposed private placement since Sept 2021, so far no action. Now propose additional LTIP at 15% of share capital. Believe they won't price the PP n LTIP at above 60 sen

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-24 09:26 | Report Abuse

rocket? For me, slowly increase is better. Steady increasing in up trend

Skylight8

146 posts

Posted by Skylight8 > 2021-12-24 10:49 | Report Abuse

on the way now, uptrend formed. 0.70 above just a time matter.,

Posted by Lee Chee Wee > 2021-12-24 14:09 | Report Abuse

I think should ride the uptrend. Company fundamentally sound, make money every quarter. Maybe can hit 0.90 to 1.00 by next quarter ?

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-27 11:38 | Report Abuse

now is uptrend. If break thru 0.705 and stand above 0.705 then wong is strong uptrend

Posted by Lee Chee Wee > 2021-12-27 11:43 | Report Abuse

I hope today can close above 0.70.

greencode

1,692 posts

Posted by greencode > 2021-12-27 16:03 | Report Abuse

Can i sell now oh yeahhh sedap wong

Posted by sherlockman > 2021-12-27 16:07 | Report Abuse

huat arrr

nextan

713 posts

Posted by nextan > 2021-12-27 22:07 | Report Abuse

Wait for 3 more months only sell

Posted by Trade in Peace > 2021-12-28 21:31 | Report Abuse

压力在季均线,可能会拉回测试月均线
https://www.youtube.com/watch?v=U4DhRvkntOo

ronnie88

65 posts

Posted by ronnie88 > 2021-12-29 10:40 | Report Abuse

wong, start your engine ...gogogog

kevcha66

119 posts

Posted by kevcha66 > 2021-12-29 17:37 | Report Abuse

go wongny go...go..wongny go..

Cactusgirl

115 posts

Posted by Cactusgirl > 2021-12-29 20:41 | Report Abuse

wow break through 0.71, so strong

ronnie88

65 posts

Posted by ronnie88 > 2021-12-30 08:45 | Report Abuse

M+ Online Technical Trading Stocks - 30 Dec 21

Stock Name: WONG (7050)
Entry: Buy above RM0.705
Target: RM0.755 (7.1%), RM0.805 (14.2%)
Stop: RM0.685 (-2.8%)
Shariah: Yes
Technical: Monitor for breakout

OTB

11,076 posts

Posted by OTB > 2021-12-30 09:07 | Report Abuse

You want to win big on this stock, buy and hold until you get your free warrants.
Thank you.

ronnie88

65 posts

Posted by ronnie88 > 2021-12-30 09:29 | Report Abuse

yes Tp Rm2 ....

OTB

11,076 posts

Posted by OTB > 2021-12-30 09:40 | Report Abuse

The management of Wong refused to meet the fund managers, hence the share price cannot perform for years.
The share price of Kobay is at 6.05, they are in the same industry.

The ratio of the PAT of Kobay compared to Wong is 9720/2834 = 3.43. If the share price of Wong can perform strongly like Kobay in 2022, Mr Market will give the target price of Wong equal to 6.05/3.43 = 1.76.

I hope the management of Wong will meet the fund managers soon.
Without the fund managers to invest in this stock, Wong will not perform well.
I hope the management of Wong will change for good.
Thank you.

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