Posted by Firebird2 > 2014-05-22 12:56 | Report Abuse

I believe you are a working individual, this is the type of shares you should hold. Check the annual reports, 5 year charts, perhaps it will help you to understand more,.

Posted by Sora > 2014-05-22 13:19 | Report Abuse

I done it b4 I bought it, plan 4 long term indeed. But of course if can buy at a lower price will good. Lol

Posted by Firebird2 > 2014-05-22 13:22 | Report Abuse

after split also quite stable, that time can get around 1.44. Can look out for later if still got chance, then add

Posted by Sora > 2014-05-22 14:27 | Report Abuse

Not at e moment I think, coz I'm holding quite many units already.

Posted by Firebird2 > 2014-05-22 14:32 | Report Abuse

If got enough already then hold and enjoy the dividends, never know one day, it climb very high. meanwhile do diversify and buy other good ones too

Posted by Ironbull > 2014-05-22 14:46 | Report Abuse

Fb2, i notice the substantial shareholder consist one fund called Mondrian markets small cap fund(what fund is this,you have any idea?) and lots of it foreign funds but no local big fund like EPF,PNB,etc

Posted by Firebird2 > 2014-05-22 14:51 | Report Abuse

Yes Ironbull, Mondrian I think US equity fund but not so active lately, not buying or selling actually. Local funds no support also, but this company business will do well I think. Oversea business, diversified regionally, and products. Unlike construction business, this one can keep longer term, try check out the 5 yr charts and annual reports.

Posted by Ironbull > 2014-05-22 15:27 | Report Abuse

Thanks for your info,fb2.

Posted by Firebird2 > 2014-05-22 15:35 | Report Abuse

Welcome, keep a watchful eyes, if chance to buy cheaper also good.

Posted by Ironbull > 2014-05-22 15:36 | Report Abuse

About Future
After completing the new plan in mid of 2014, there will be a 70% jump in its current production volume. So, i am expecting at least 50% improvement in the revenue & profit after the new plan commence. Below are the simple calculation to project its future prospect based on the latest quarter result (Q3 of 2013).
**Some post i sought out in the net

Posted by Firebird2 > 2014-05-22 15:39 | Report Abuse

Ironbull, please post again, some parts missing..

Posted by nicole76 > 2014-05-22 15:45 | Report Abuse

Thank you for the dividend ;) can't wait for more LOL!

Posted by Ironbull > 2014-05-22 15:47 | Report Abuse

An article posted in 11 Sep 2013.

WELLCAL is a very good fundamental company, it has a lot other plus points as below:
1) Dividend Policy 50%
2) Product for niche market (O&G, F&B, weld & mining and chemical)
3) Recurring business as the industrial hose average life span is around 6-12 months)

Back to 2011, the reason i bought WELLCAL is because of its business has been growing up well when i first noticed it in 2011. The revenue was growing strongly, but profit didn't grow at the same pace. As a serious investor, we should always try to find out the reason if there is something we are not sure. And, you will be rewarded at the end. I found out that the reason behind of it, it was because the rubber price has been going up drastically in 2011 and it caused the margin profit of WELLCAL dropped since the rubber is the main raw material of WELLCAL. The good news is, the rubber price was dropping when i decided to buy it. So, i am quite sure that the profit will be improved in near future if the revenue can be maintained.

My Investment Result

I gained more than 100% from initial capital, this is not included the dividend that i received over past few years. The most wonderful fact is that i'm receiving more than 13% dividend yield from WELLCAL this year. This is the beauty for being a real investor.

About Future
After completing the new plan in mid of 2014, there will be a 70% jump in its current production volume. So, i am expecting at least 50% improvement in the revenue & profit after the new plan commence. Below are the simple calculation to project its future prospect based on the latest quarter result (Q3 of 2013).

Current Quarterly Net Profit = RM6.8mil
New Quarterly Net Profit = RM6.8mil x 1.5 (50% jump in revenue & profit) = RM10.2mil
New Annually Net Profit = RM10.2 x 4 = RM40.8mil.

This is also equal to earning per share of RM0.30. With its dividend payout for past few years, there is a very good chance to get 25-30 cents dividend after commencing the new plan.

Posted by Firebird2 > 2014-05-22 16:06 | Report Abuse

Ironbull, thumbs up, very good article. Also I read that this new factory will produce mandrel hose which have a higher profit margin.
A lot of people still not aware yet that they can buy cheap now.

Posted by Ironbull > 2014-05-22 16:10 | Report Abuse

yah,thumbs up to you too, you asked me to search for their reports...and this is what i found...hahaha...hopefully it's help all who wants to invest in this company

Posted by Firebird2 > 2014-05-22 16:14 | Report Abuse

haha ironbull, at least now we know more, and can sleep peacefully at night. nothing to worry, the management will perform and return to us well. thx

Posted by bboycs > 2014-05-22 18:00 | Report Abuse

"This is also equal to earning per share of RM0.30. With its dividend payout for past few years, there is a very good chance to get 25-30 cents dividend after commencing the new plan."

current dividend just 2cent.. 10 times of current dividend??
or i misunderstand something..?

Posted by aunloke > 2014-05-22 18:28 | Report Abuse

Please take consideration of the share dilution from the 1 : 2.5 share split .

Posted by danchong > 2014-05-23 10:43 | Report Abuse

HI Guys, Good to see so much interest in Wellcall now.

I agree with aunloke. The forward EPS of Wellcall in FY2016? will at best in the region of 10-15 sens. I think Ironbull divide the New Annual Profit by the no of shares before Ex-split.

Good to note that Vol picked up today

Hi FB2, Back to office from Tomypak AGM, trying to create a new gmail account now

Posted by Firebird2 > 2014-05-23 10:49 | Report Abuse

Hi DC,, good morning,, glad to see you here today.
Yes, looking at number of participants here, it has increased. and happy to see their investment bear fruits.. maybe cross 1.50 first.
No worries... I wait for your gmail. did sent a email to you Hotmail.

Posted by bboycs > 2014-05-23 15:42 | Report Abuse

just wonder.. the demand for their product in coming year is gonna increase?
25cent of dv divide 2.5..
10 cent.. really @@!

Posted by Firebird2 > 2014-05-23 15:50 | Report Abuse

The demand should be there, if not why they build another factory?

Posted by nicole76 > 2014-05-23 17:29 | Report Abuse

Hehehe! I waiting for it to go up to rm3 and more....

Posted by Alex Lim > 2014-05-24 05:50 | Report Abuse

need to take 1-2 years lo...not easy to go back to Rm3

Posted by heavyth > 2014-05-24 15:22 | Report Abuse

Vol suddenly very high on fri...!!

Posted by danchong > 2014-05-27 08:12 | Report Abuse

Hi Guys,

Understand from sources closed to the company, the award of construction contract will be this week and work to commence mid June. In the meantime, the company is running near maximum capacity.

Everything seems to be proceeding well.

Posted by trinitynoob > 2014-05-27 09:39 | Report Abuse

Good day fellow wellcall believers

I'm here patiently awaiting good news from the 3rd factory.There is a ready market for the mandrel hose. The 3rd factory will be 100% focus in producing high profit margin mandrel(with specific specs). In the mean time 8 cents div a year is enough to quench my thirst =)

~Trust in a business and ride the wave but always be vigilant~

Posted by danchong > 2014-05-27 09:43 | Report Abuse

trinitynoob, Well said!

Posted by Marvyn Choong > 2014-05-27 12:31 | Report Abuse

Finally break RM1.50... More good news ahead..

Posted by Ironbull > 2014-05-29 10:59 | Report Abuse

Bought some already.

Posted by Alex Lim > 2014-05-29 20:12 | Report Abuse

yes....2morow ex-date:

Posted by Alex Lim > 2014-05-30 09:56 | Report Abuse

Up trending??

Posted by Alex Goh > 2014-05-30 11:12 | Report Abuse

x so little compare with history ?

Posted by Hustle > 2014-05-30 11:28 | Report Abuse

Check out for his Q2'13 result until now, you will realize that what is mean by new high improvement revenue :)

Posted by Hustle > 2014-06-03 09:38 | Report Abuse

God damn it, his director buy the ESOS only at 0.75, although all the extra share not flow into open market but is this legal?

Posted by pgboy88 > 2014-06-03 14:07 | Report Abuse

Don't understand, suppose ESOS is for employees but don't know why suddenly cancel the scheme and eventually acquired by director. Any experts can help to explain???

Posted by Hustle > 2014-06-06 22:11 | Report Abuse

I'm not expert, just overall of his market share capital increase but the beneficial person that get ultra cheap price is only for his director not you or me nor his employee.

Posted by bboycs > 2014-06-08 23:07 | Report Abuse

director as employee of the company..

Posted by Sora > 2014-06-09 14:27 | Report Abuse

Dividend 2 cts... en......

Posted by heavyth > 2014-06-09 21:02 | Report Abuse

will be flat till next qtr result...???

Posted by pgboy88 > 2014-06-10 08:15 | Report Abuse

Normally after share split or bonus issue, the price will stay for sometimes. The booster is coming from the profit results.... Don't worry!!

Posted by Alex Lim > 2014-06-24 18:42 | Report Abuse

down trend

Posted by ksng0307 > 2014-06-27 15:11 | Report Abuse

dividend in yesterday

Posted by Sora > 2014-06-27 20:43 | Report Abuse

Just check my account still no deposit of dividend, is it normal?

Posted by Alex Lim > 2014-06-27 22:23 | Report Abuse

nominee account always slow one...

Posted by Alex Lim > 2014-07-01 20:19 | Report Abuse

Just received today..^_^

Posted by Tan Yew Meng > 2014-07-02 22:40 | Report Abuse

I would like to ask when will the third factory of Wellcall schedule to complete ?

Posted by bboycs > 2014-07-03 08:47 | Report Abuse

第三廠計劃延遲‧緯鉅資本開銷料上看4500萬

2014-02-27 11:49
（吉隆坡26日訊）緯鉅集團（WELLCAL，7231，主板工業產品組）第三廠計劃延遲，資本開銷料增至4千500萬令吉以上，預計首期工程將在2015年6月竣工。

該公司執行董事周子傑在股東大會及特大會後表示，第三廠計劃延遲，主要是收購土地時機剛好遇上大選因素、地段轉換程序及賣家融資而延遲，導致去年11月才完成收購。

他說，目前還在計算建設第三廠的開銷，以獲得董事成員認可，因事隔一年，各方面成本上揚，預計設廠資本開銷將比早前預測的還要高，從3千800萬增至4千500萬令吉以上。

“首期工程設有16條生產線，預計打樁工程於今年5至6月開始，2015年6月可嘗試運作，料增加40%至50%產能，其餘產能將納入第二期工程。”

去年該公司原本預定第三廠房將在2015年首季竣工，以迎合未來5年市場需求。

至於未來業績表現，他看好將隨著市場情緒改善，特別是目前市場情緒已比去年好轉許多，料可改善下半年銷售。

首季淨利增38%

派息5仙
另一方面，該公司今日公佈2014財政年第一季淨利增長38.45%至721萬3千令吉，營業額揚11.23%至3千529萬7千令吉，並宣佈派息5仙。（星洲日報／財經）

Posted by heavyth > 2014-07-04 14:55 | Report Abuse

bboycs...pls translate...tq

Posted by bboycs > 2014-07-05 22:22 | Report Abuse

estimate new factory can be start operate around june 2015