WANG-ZHENG BHD

KLSE (MYR): WANGZNG (7203)

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Last Price

0.59

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

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

limen12

640 posts

Posted by limen12 > 2019-10-14 14:08 | Report Abuse

No one? I guess WZ still havent expanded out yet, although management have mentioned their intention to do so by this year, sad

limen12

640 posts

Posted by limen12 > 2020-01-07 23:10 | Report Abuse

@oldchinaman what is happening ? CEO is selling his stake?

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-02-19 11:29 | Report Abuse

Already told you guys the modus operandi of new Hong Kong owner

Their interest is not to see Wangzng making more money

They took over yilai to get it's material cheap at below market prices for their own factories for China market

So Wangzng is only now a tool for them

Price of Wangzng will be very mediocre from now while they enrich their companies in Hong Kong

Should just sell and forget about Wangzng and buy Nfcp stocks like Netx Redtone or Opcom to recover back your capital from losses in Wangzng

simon

206 posts

Posted by simon > 2020-02-19 12:39 | Report Abuse

Sifu Calvin is right, last year i already sell and buy Nfcp stocks.

Posted by oldchinaman > 2020-04-10 00:11 | Report Abuse

hope management can declare some special dividend.,cash/bank balance 117m

Posted by oldchinaman > 2020-04-10 00:13 | Report Abuse

10% special dividend only cost 16m, still have 101m cash / bank balance

Posted by Sebastian Power > 2020-05-05 14:58 | Report Abuse

look back to this company again. Actually the management very bodoh, they should take should change come production line to produce masks. Very easy for them to do actually

I think @oldchinaman is right. Possible DIV soon (but don't hope stingy traditional cina boss will so generous). Hahahaha

limen12

640 posts

Posted by limen12 > 2020-05-05 18:49 | Report Abuse

They are selling mask Sebastian Power. Please look for WangZhengCare at lazada and Shopee. And they are selling in Giant as well

Posted by oldchinaman > 2020-05-05 23:17 | Report Abuse

Sebastian Power, the management told manufacturing MASK must apply special permit, no anyone can do

Posted by oldchinaman > 2020-05-05 23:19 | Report Abuse

their mask are import from china, very high good quality

limen12

640 posts

Posted by limen12 > 2020-05-05 23:57 | Report Abuse

but, I think their sales might be affected by MCO as fewer people go shop. so expect lower sales this quarter

Posted by oldchinaman > 2020-05-05 23:59 | Report Abuse

they are selling necessity goods, i don't think their products are affected

limen12

640 posts

Posted by limen12 > 2020-05-06 00:02 | Report Abuse

@oldchinaman do you have any views on management expanding into Indonesia and Vietnam ? It was mentioned in their AGM that they want grow to whole SEA, yet i don't see any progress in the expansion.

limen12

640 posts

Posted by limen12 > 2020-05-06 00:11 | Report Abuse

@oldchinaman they are selling necessity goods, i don't think their products are affected.

But, even Nestle who sell everyday food released quarter profits that fell by 20%, as people not going out to spend.

My opinion is that the sales and profit will fall, but I don't know what extent only. Hopefully, cost is controlled so that they avoid qtr loss.

Posted by oldchinaman > 2020-05-06 11:40 | Report Abuse

they supply some diapers to indo

limen12

640 posts

Posted by limen12 > 2020-05-06 17:20 | Report Abuse

meaning they are still very conservative with their expansion in Indo and Vietnam. Hopefully will see them being more aggressive like how they are doing it in Malaysia

limen12

640 posts

Posted by limen12 > 2020-05-06 17:36 | Report Abuse

if not, its going to be long time before we see any growth in this business.

Posted by Sebastian Power > 2020-05-07 20:11 | Report Abuse

Last few days trading saw a strong queue at 81cents (hopefully it's not a wayang Hindustan).

I only want to wait and see how much DIV will declare. Should be this week la, Cannot be no DIV this year

08-May-2019 30-May-2019 DIVIDEND First and Final Dividend RM 0.04 Dividend Detail
24-Apr-2018 28-May-2018 DIVIDEND First and Final Dividend RM 0.04 Dividend Detail
27-Apr-2017 28-Jun-2017 DIVIDEND Final Dividend RM 0.03 Dividend Detail

Posted by Sebastian Power > 2020-05-07 20:13 | Report Abuse

@limen12, you are right man!! The facemask they sell is hebat quality with reasonable price

Product details of 【restock】【collect RM 4 voucher】[Ship out in 1-3 working day] Banitore 3D 3Ply Surgical Mask (M size) 10 pcs x 1 Pack
Brand: Banitore
No. of pack: 1 packs
Pieces of Masks: 10 pcs (10 pcs / pack)
Type of Mask: 3D Surgical Mask
Standard of Masks: YY0469-2011
Ply of Mask: 3 ply
BPE ≥ 95%
Size: M / L
Mask size: M= 14.1cm x 8.7cm ; L =16cm x 9.5cm
Material : Spunbond Non-woven, Meltblown Non-woven
Shelf Life: 18 Month from manufacture date

https://www.lazada.com.my/products/restockcollect-rm-4-vouchership-out-in-1-3-working-day-banitore-3d-3ply-surgical-mask-m-size-10-pcs-x-1-pack-i898056629-s2221410624.html?mp=3&spm=a2o4k.10415192.cutImages_778371534.6

Posted by Sebastian Power > 2020-05-13 10:39 | Report Abuse

hebatttt.. no seller

limit up later

limen12

640 posts

Posted by limen12 > 2020-05-13 16:15 | Report Abuse

too little volume to push up. only a small amount of trader

Posted by Sebastian Power > 2020-06-22 16:45 | Report Abuse

Moving forward, the Group will be focusing on growing its products expansion by continuing to
review the range of products offering to meet the customers’ demands. The Group foresees the
potential growth in disposable fibre-based products segment by working towards expanding this
segment with new marketing initiatives. The Group continues to explore which aim to leverage on and
emulate Hengan’s strengths in the production and sales of other personal hygiene products including
but not limited to sanitary napkin and diaper products to further diversify the Group’s business
operations and to expand the business to South East Asia market. The Board anticipates the Group to
achieve satisfactory results for the remaining of quarters of the year.

tealeaf

196 posts

Posted by tealeaf > 2020-07-18 15:52 | Report Abuse

fundamentally everything seems good.... but felt doubt on Chinese management, especially family type of management....

Posted by Richard Lee > 2020-07-20 16:28 | Report Abuse

this counter wasting time, Better privitisation and delisted

limen12

640 posts

Posted by limen12 > 2020-08-02 16:52 | Report Abuse

I agree to a certain extent to doubt the management in terms of their expansion to SEA for WZ, but at the same time I have seen their increased online presence and focus in Malaysia through their Hengan products into the Malaysian market. For those who invested, can go to AGM and inquire and talk to management about their plans moving forward. For those who have not, can put it in ur radar for future in case management prove to be good.

Invest123

1,634 posts

Posted by Invest123 > 2020-08-17 11:10 | Report Abuse

Uptrend. Good dividend 4.5 sen.

Invest123

1,634 posts

Posted by Invest123 > 2020-08-17 12:29 | Report Abuse

Once above 95 sen, expected to fly.

limen12

640 posts

Posted by limen12 > 2020-08-24 22:24 | Report Abuse

i think need to wait for 2-3 quarters before this company show some growth

DickyMe

14,892 posts

Posted by DickyMe > 2020-08-31 23:48 | Report Abuse

Rubbish counter

dompeilee

11,888 posts

Posted by dompeilee > 2020-09-01 16:08 | Report Abuse

Bought Wangzng @ 90c

Posted by Sebastian Power > 2020-09-02 19:53 | Report Abuse

rubbish company will turn into treasure soon

Booyeah

365 posts

Posted by Booyeah > 2020-10-10 08:23 |

Post removed.Why?

amateurJR

2,366 posts

Posted by amateurJR > 2020-11-19 13:13 | Report Abuse

zzz. What is happening here? lol

Posted by Richard Lee > 2020-12-17 15:26 | Report Abuse

wayang?

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-17 16:19 | Report Abuse

dompeilee Bought Wangzng @ 90c
01/09/2020 4:08 PM

In paper profit$ =)

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-19 09:44 | Report Abuse

NEW substantial shareholder! Now the free float is only 69 mil shares!

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