Wellcall Holdings Berhad, an investment holding company, manufactures and sells rubber hose and related products in Malaysia. The company offers mandrel, spiral, and extrusion type abrasion, air, automobile, chemical, food grade, marine, petroleum, fuel and oil, water, welding, and miscellaneous hoses. It primarily serves customers who are in the business of distributing rubber hose to OEM manufacturers and manufacturers. The company also exports its products to approximately 70 countries worldwide. Wellcall Holdings Berhad was founded in 1996 and is based in Ipoh, Malaysia.
# Market cap RM 400.8 million.
# Last 7 yrs profit RM 24.7 - RM 36.8 million ( without loss )
# Earning are forecast to grow 14.65 % per year.
# PE 11.20 %
# Wellcall Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts by 14.7 %
# EPS RM ( Mar 2020 )
# ROE 30.1 % # FUTURE ROE 30.4 % ( next 3 yrs )
# ROCE 35.7 % ( last year )
# ROA 25.1 %
# Revenue ( 31 Dec 2019 ) RM 164.023 / per yr
Earning RM 36.418 million / per yr
Profit margin 22.2 %
# Debt 31 Mar 2020 : DEBTS FREE
# Equity RM 118.412 million ( 31 Mar 2020 )
# Cash & short term investment RM 48 million.
# Receivable RM 5.1 million.
# Long term & other assets RM 4.4 million.
# Physical assets RM 62.9 million.
# Inventory RM 16.5 million.
# Account payable RM 5.3 million.
# Other liabilities RM 13.2 million.
# Dividend 7.2 %
# Current payout dividend to shareholders from earning 75 % current earning.
# Wellcall Holdings Berhad is covered by 4 analysts.
Institution Analyst
CGS-CIMB / CIMB Research. Chek Keng Foo
JP Morgan Hoy Kit Mak
Kenanga Research Research Team
RHB Research Institute. Jia Yi Lim
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@stockraider.u r a wise sifu.i am not at that level yet to give people advice about investment.i still have a lot to learn from you & investors here. sifu stockraider. :):)
WELLCALL Holdings Bhd's partnership with Trelleborg AB to manufacture and sell composite hose and fittings will be the local manufacturer's new catalyst for growth. The new composite hose production plant is within the vicinity of Wellcall's extrusion and mandrel production plant and is on track to commence operations by end-2020, Inter-Pacific Research Sdn Bhd noted. It has not concluded any earnings forecast yet for the new JV as there will be a gestation phase which will impact estimates. The country's manufacturer of low to medium pressure industrial rubber hoses formed a JV with Trelleborg in January last year with an initial capital investment of MYR 9.2 million.
There are many listed companies around the world producing industrial hoses, sometimes as part of their wide range of product offerings.
I've listed a few below. However I'm not familiar with this industry. So I'm not sure whether they are direct competitors, or potential future competitors for the Trelleborg JV.
1) German listed Continental AG, which doesn't just produce tyres
EquitiesTracker is LIVE with WellCal's Executive Director, Financial COntroller & Managing Partner for their members. For those who want to watch the recorded video, you guys can ask from ET at their FB Page here >> https://www.facebook.com/events/342948663449533/
No news or rumors. The price went up because people has started to show interest in the company for the following reasons: 1. is fundamentally strong; 2. debt-free; 3. has consistenly giving out dividend to shareholders 4x per year; 4. and more importantly, the business model is resistant to COVID-19. During this pandemic, most (clever) investors are interested to invest in a company that is stable in the long-run, thus the price increases. Another potential company worthy of note is freight management.
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sense maker
794 posts
Posted by sense maker > 2020-07-18 11:51 | Report Abuse
It’s a bit strange there’s no major shareholder in Wellcall all these years.