WANG-ZHENG BHD

KLSE (MYR): WANGZNG (7203)

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Last Price

0.68

Today's Change

-0.005 (0.73%)

Day's Change

0.67 - 0.68

Trading Volume

142,100


1 person likes this.

437 comment(s). Last comment by dompeilee 2020-12-19 09:44

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-07 15:37 | Report Abuse

I've been holding this share since Jan 2005 @ a cost of 1.18. Suffered a paper loss of 80% at the worst prices but now profitable again...a huge test of patience that I passed :D

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-07 16:06 | Report Abuse

WHOA!

THE KING REIGN SUPREME NOW!!

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-08 09:46 | Report Abuse

Wonderful Wonderful WONDERFUL!!! NEW all-time HIGH!!! :D

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-08 09:51 | Report Abuse

Since I've waited 12 years...what's another 2 weeks?

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-08 19:24 | Report Abuse

WHOA!

CONGRATULATIONS TO ALL HERE!

Calvin thought Rm1.14 was the take over price.

Just like TMakmur they up the Takeover price.

Same for TheStore. Final takeover price also up.

Since Free Float is only 12% Wang Zheng share price just moved up by continual buying.

Today at Rm1.50 WangZheng is another 100% Chun Chun call of

Calvin Tan Research

YIPPY!!!!!

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-09 08:37 | Report Abuse

Where got raise offer price? Don't simply say hor calvintaneng...I still remember your disastrous call to sell Sendai @ 51c.

rikki

2,020 posts

Posted by rikki > 2017-06-09 23:29 | Report Abuse

Potential synergies between Hengan & Wang-Zheng is beyond imagination.

Posted by oldchinaman > 2017-06-11 00:48 | Report Abuse

hengan int wouldnot increase the offer price, they ald hv 50.4%, calvin sometime very smart, but sometime like a fool

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-13 16:17 | Report Abuse

Wangzng hit new all-time high. Hengan in HK hit new 52-wk low LOL

Syndicates

867 posts

Posted by Syndicates > 2017-06-13 17:05 | Report Abuse

if hengan want to takeover 100% in wangzng, why they didnt buy all the stakes owned by wangzng resources and macro-link in the first place? FYI wangzng resources and macro-link has remaining of 4million and 10.8million shares respectively, after share sale deal with hengan

Posted by oldchinaman > 2017-06-13 23:16 | Report Abuse

syndicates, it is very clearly stated in the bursa ann. on 5th june .under page 7.(THE OFFEROR INTENDS TO MAINTAINCE THE LISTING STATUS OF WANG ZHENG ON THE MAIN MARKET OF BURSA SECURITIES)otherwise the share price will be stick at 1.14 like wing tai @1.80,

Posted by oldchinaman > 2017-06-13 23:23 | Report Abuse

the share price will be fantastic after the m g offer close.usually it will take 1 - 2 months time

Posted by oldchinaman > 2017-06-15 00:32 | Report Abuse

just buy dont worry, long term should be very positive, hengan int market cap hkd 53.8 b

Posted by oldchinaman > 2017-06-15 00:45 | Report Abuse

wangzheng market cap 240m only 0,842% of henagan hkd 53.8b market cap only, i think very positive for the future of wangzheng, just buy dont worry,i bot 700k @ cost 1.38, and i will buy somemore

dompeilee

11,888 posts

Posted by dompeilee > 2017-06-16 16:01 | Report Abuse

New 52-week HIGH of 1.62 ! :D

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-16 16:18 | Report Abuse

WHOA!!

WOW! WOW!! WOW!!!

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-16 16:47 | Report Abuse

Alex,
3 things can happen.

1)If MGO goes through then all will only get the offered price. Then those who chased will suffer losses.

2) MGO will still be on provided the offer price revised higher. Like now above Rm1.60 or even more. Last round TMakmur raised MGO to Rm1.90 from Rm1.80. Same goes for TheStore
Then all will be winners.

3. MGO might be called off as price now is far above offerred price.
So MGO is called off and Wangzheng continues trading.

What will happen to WangZheng from then on?

Past scenarios are:

a) Tasek offered MGO at Rm3.80. But continues to be listed. Tasek rose to a high of Rm16.00

b) SSteel offered to take private at Rm2.20. Market chased it above Rm2.30. Southern Steel later called off MGO and price crashed below Rm1.00

c) Perak Corp MGO was Rm3.90 but shareholders rejected it. Perak Corp later crashed below Rm2.00

For WangZheng we are now into uncharted territories. Exciting to watch the madness of Mr. Market

Alex

12,591 posts

Posted by Alex > 2017-06-16 17:24 | Report Abuse

thx calvin =)

rikki

2,020 posts

Posted by rikki > 2017-06-17 15:31 | Report Abuse

Hangen already too over control of Wengzng after they bought 50.4 % @ 1.14 from the major shareholders of Wengzng and they intend to maintain the listing status of Wengzng. The offer for the remaining shares that they did not owned is just a Bursa formalities & there won't be any revision of MGO price. Calvin's arguments above are not relevant.

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-17 16:25 | Report Abuse

Posted by rikki > Jun 17, 2017 03:31 PM | Report Abuse

Hangen already too over control of Wengzng after they bought 50.4 % @ 1.14 from the major shareholders of Wengzng and they intend to maintain the listing status of Wengzng. The offer for the remaining shares that they did not owned is just a Bursa formalities & there won't be any revision of MGO price. Calvin's arguments above are not relevant.


See Calvin point number 3

3. MGO might be called off as price now is far above offered price.
So MGO is called off and Wangzheng continues trading.

Posted by oldchinaman > 2017-06-18 22:59 | Report Abuse

MGO will not be called off,the offeror will send the offer document to the sholders within 21days, after 9 june. then it depends on whether the sholders accept the offer of not.and of course the sholders would not accept it bcos the share price is much higher than the offer price @ 1.14

simon

206 posts

Posted by simon > 2017-06-18 23:27 | Report Abuse

Mr Calvin, if MGO call off the price may go down sharply, so shall we sell before call off?

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-19 10:45 | Report Abuse

simon

i think sell some and lock into profit first to protect gains.

can switch to maju perak

rikki

2,020 posts

Posted by rikki > 2017-06-19 19:32 | Report Abuse

Denko was recently takeover by Oregon @ 0.60 & share price rallied to a high of 1.51 yesterday.

simon

206 posts

Posted by simon > 2017-06-19 23:26 | Report Abuse

Wow 36.5 cent closing. Mr. Calvin, still can buy?

simon

206 posts

Posted by simon > 2017-06-19 23:26 | Report Abuse

Wow 36.5 cent closing. Mr. Calvin, still can buy?

calvintaneng

53,399 posts

Posted by calvintaneng > 2017-06-19 23:27 | Report Abuse

Posted by simon > Jun 19, 2017 11:26 PM | Report Abuse

Wow 36.5 cent closing. Mr. Calvin, still can buy?

Simon,

If you can buy & hold tight until signing of Geely Jv with Proton sure can.

rikki

2,020 posts

Posted by rikki > 2017-06-20 07:05 | Report Abuse

Simon & Calvin is the same person. Simon ID created just to promote Calvin

Stock: [DRBHCOM]: DRB-HICOM BHD

Nov 8, 2016 11:13 PM | Report Abuse

I already sell gadang & today buy in some DRB. Calvin you are very kind


Stock: [BJCORP]: BERJAYA CORPORATION BHD

Sep 30, 2014 10:07 AM | Report Abuse

TQVM Mr Calvin Tan sharing info


Stock: [WANGZNG]: WANG-ZHENG BHD

Jun 19, 2017 11:26 PM | Report Abuse

Wow 36.5 cent closing. Mr. Calvin, still can buy?


Stock: [BJCORP]: BERJAYA CORPORATION BHD

Oct 6, 2014 08:21 PM | Report Abuse

Mr Calvin, do MP Corp become PN17?


Stock: [BJCORP]: BERJAYA CORPORATION BHD

Sep 29, 2014 06:54 PM | Report Abuse

Mr Calvin Tan, ASB still can keep? pls advise, TQ

John Lu

5,187 posts

Posted by John Lu > 2017-06-20 07:11 | Report Abuse

This sochai calvintaneng really sohai create few ID and give good comment to himself...without the ID that he created, all the comment are against him...rank 223 now rank 221...hip hoop hoorey!!

rikki

2,020 posts

Posted by rikki > 2017-06-20 08:05 | Report Abuse

Calvin & Simon, kindly stop creating the impression that MGO may be called off & price may go down sharply. The takeover of Wengzng is already done & Hangen is now in control.

Posted by Chris_wakegi > 2017-06-20 15:30 | Report Abuse

He is making everyone confused...gosh

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

the offer document will be dispatch to the sholders in few days later

cinapeh

214 posts

Posted by cinapeh > 2017-06-21 12:20 | Report Abuse

i think they will send after hari raya

Posted by oldchinaman > 2017-06-21 21:44 | Report Abuse

then should be 27th or 28th june

rikki

2,020 posts

Posted by rikki > 2017-06-28 20:46 | Report Abuse

RATIONALE FOR THE OFFER

Hengan International is listed on the Stock Exchange of Hong Kong Limited with a market
capitalisation of approximately HKD70 billion as at LPD. Hengan International group is involved in
the manufacturing, distribution and sale of personal hygiene products, mainly in the People’s Republic of China.

The acquisition of Wang-Zheng Group will further enhance the overall growth of Hengan International group and is undertaken as part of its plan to expand its business operations and diversify its revenue stream outside the People’s Republic of China. Hengan International will seek to leverage on its extensive experience and work with the existing management team of Wang-Zheng to grow the Wang-Zheng Group.

Pursuant to the Shares Acquisition, Hengan Malaysia’s equity interest in Wang-Zheng increased from nil to approximately 50.4% (excluding treasury shares). The Offer is made pursuant to Section 218(2) of the CMSA and Paragraph 4.01(a) of the Rules wherein the Offeror is obliged to extend a mandatory take-over offer to acquire the Offer Shares.

Posted by Chris_wakegi > 2017-06-29 12:09 | Report Abuse

Price is dropping

Posted by oldchinaman > 2017-06-29 23:33 | Report Abuse

don't worry, just buy, this counter will be super star

Posted by Chris_wakegi > 2017-06-30 01:08 | Report Abuse

Aiya...sold it off d to make small profit

destiney

32 posts

Posted by destiney > 2017-06-30 09:33 | Report Abuse

OFFER DOCUMENT IN RELATION TO THE UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY HENGAN (MALAYSIA) INVESTMENTS COMPANY LIMITED ("OFFEROR") THROUGH AMINVESTMENT BANK BERHAD ("AMINVESTMENT BANK") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN WANG-ZHENG BERHAD (EXCLUDING TREASURY SHARES) NOT ALREADY OWNED BY THE OFFEROR ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM1.14 PER OFFER SHARE ("OFFER")

OrangKuat

292 posts

Posted by OrangKuat > 2017-07-10 16:41 | Report Abuse

All Share Holder should reject the offer RM1.14/. its not fair at all.

https://www.klsescreener.com/v2/news/view/253799/wang-zheng-takeover-offer-not-fair-not-reasonable

Posted by Huihui Liong > 2017-07-10 20:09 | Report Abuse

Of course he say not fair, he holding large sum of it. This counter is pure goreng, u can see the price suddenly jump higher 4sen with just a small volume

cinapeh

214 posts

Posted by cinapeh > 2017-07-18 16:01 | Report Abuse

the mgo offer close on tmr 5 pm

cstrader

937 posts

Posted by cstrader > 2017-10-04 21:32 | Report Abuse

New offer TP 2.00

Posted by oldchinaman > 2017-12-13 23:21 | Report Abuse

the parent company HENGAN INTERNATIONAL 1044.hk market cap nearly HKD 100b

Posted by oldchinaman > 2017-12-18 20:00 | Report Abuse

more than hkd 100b today

Energiser

251 posts

Posted by Energiser > 2017-12-29 12:16 | Report Abuse

Wow Wang Zheng...another hot China stock...can it be the next Heng Yuan or Huann?

ignasio

149 posts

Posted by ignasio > 2017-12-29 12:33 | Report Abuse

any news, siao liao

Pc Tan

240 posts

Posted by Pc Tan > 2017-12-29 12:33 | Report Abuse

China stock very risky.....must run fast

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