CITAGLOBAL BERHAD

KLSE (MYR): CITAGLB (7245)

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Last Price

0.80

Today's Change

-0.07 (8.05%)

Day's Change

0.77 - 0.87

Trading Volume

888,200


9 people like this.

3,979 comment(s). Last comment by Yusof896 2 days ago

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-06-02 15:16 | Report Abuse

collect2..

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-06-03 10:06 | Report Abuse

Train departing

burkon87

194 posts

Posted by burkon87 > 2020-06-03 12:06 | Report Abuse

Ermmm..i buy 0.22 ok tak?

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-06-03 16:24 | Report Abuse

Go.. go TP 1.40

michaelwong

3,069 posts

Posted by michaelwong > 2020-06-03 18:54 | Report Abuse

TP 0.40cts hell break loose and run like no 2morrow........ what a big joke of 1.40 !

Posted by Huat huat 2020 > 2020-06-05 10:08 | Report Abuse

Bauxite license renew. Stay tuned. Limit up soon

RioStock

62 posts

Posted by RioStock > 2020-06-05 10:40 | Report Abuse

its going up.... up and up

darksoul

363 posts

Posted by darksoul > 2020-06-05 18:05 | Report Abuse

When to see the bauxite news?

Bursa Wolf

680 posts

Posted by Bursa Wolf > 2020-06-07 23:37 | Report Abuse

after the COVID-19, lock down and political drama, Pahang state is in huge deficit and a lot of the people there very poor now. The Pahang state government high chance to re-open the mining activity soon.

Actually in Jan 2020, the SOP already set up, but delayed till now due to COVID-19. Today, our PM announced that we are entering into recovery stage. So might be good news soon.


https://www.nst.com.my/news/nation/2020/01/557098/bauxite-mining-start-once-operators-are-ready-says-pahang-mb

burkon87

194 posts

Posted by burkon87 > 2020-06-09 19:15 | Report Abuse

Waiting for the news

ivanlau

1,366 posts

Posted by ivanlau > 2020-06-10 20:50 | Report Abuse

once a salted fish, always a salted fish.........

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-06-11 10:17 | Report Abuse

quarter report not bad got improvement qoq

5354_

4,747 posts

Posted by 5354_ > 2020-06-11 13:57 | Report Abuse

Agong still support PN not PH?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-06-15 15:30 | Report Abuse

Agong still think Muhyiddin good PM? Why 30 sen hard?

PH_better

602 posts

Posted by PH_better > 2020-06-17 10:58 | Report Abuse

Agong don't agree on PN snap poll. Waste money only.

PH_better

602 posts

Posted by PH_better > 2020-06-17 10:59 | Report Abuse

If BN or now PN good why they lost GE14?

PH_better

602 posts

Posted by PH_better > 2020-06-17 11:28 | Report Abuse

Only PM must change. Cannot be rejected Tun M anymore.

PH_better

602 posts

Posted by PH_better > 2020-06-17 11:29 | Report Abuse

Economy bad rakyat suffer like now under PN.

sharmanisa

132 posts

Posted by sharmanisa > 2020-06-19 15:02 | Report Abuse

Flying.. ECRL related

Posted by Huat huat 2020 > 2020-06-19 15:18 | Report Abuse

Sultan related... going to fly soon

Posted by Huat huat 2020 > 2020-06-19 15:22 | Report Abuse

Something great is going to happen... see how insider buy

Posted by Huat huat 2020 > 2020-06-19 15:38 | Report Abuse

Tp 50 c

Posted by Huat huat 2020 > 2020-06-19 15:46 |

Post removed.Why?

Posted by Huat huat 2020 > 2020-06-19 15:49 | Report Abuse

Wz satu 7245 got 2 big big catalysts

1. Resumption of aluminium (bauxide) mining. Wz satu very Big player with Pahang Sultan in Top 10 owners

2. Ecrl job award very possible as wz satu is pahang royalty owened

Pahang is where major portion of ecrl must pass

Also insiders have been buying and buying

Buy 23.5 sen

Target price 50 sen to 60 sen

Longer term rm1. 00

HandsomeGain

2,121 posts

Posted by HandsomeGain > 2020-06-19 15:52 | Report Abuse

Boleh ke.. Now 0.245. Tunggu turun?

Posted by Huat huat 2020 > 2020-06-19 15:52 | Report Abuse

Next week 28 - 30c before new go out

HandsomeGain

2,121 posts

Posted by HandsomeGain > 2020-06-19 15:57 | Report Abuse

Hehe.. Cuba buy little to test 1st.. :)

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-06-19 16:29 | Report Abuse

REPOSTING - Now is the BEST TIME now to EAT EAT EAT BAUXITE MINER WZSATU ! Now is confirm BOTTOM PRICE RANGE!!! Wait for it to explode only

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-19-story-h1508877439-_Target_Invest_Now_is_the_BEST_TIME_now_to_EAT_EAT_EAT_BAUXITE_MINER_WZ.jsp

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-06-19 16:31 | Report Abuse

Insiders buying & buying point to BIG BIG COMING SURPRISES!!

DATO' SRI MOHAMAD NORZA BIN ZAKARIA 12-Jun-2020 Acquired 1,645,300 0.204 View Detail
ENCIK IKHLAS BIN KAMARUDIN 12-Jun-2020 Acquired 1,645,300 0.204 View Detail

DATO' SRI MOHAMAD NORZA BIN ZAKARIA 11-Jun-2020 Acquired 1,304,500 0.209 View Detail
ENCIK IKHLAS BIN KAMARUDIN 11-Jun-2020 Acquired 1,304,500 0.209 View Detail

DATO' SRI MOHAMAD NORZA BIN ZAKARIA 10-Jun-2020 Acquired 100,000 0.210 View Detail

ENCIK IKHLAS BIN KAMARUDIN 10-Jun-2020 Acquired 100,000 0.210 View Detail

DATO' SRI MOHAMAD NORZA BIN ZAKARIA 28-May-2020 Acquired 337,900 0.209

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-06-19 16:57 | Report Abuse

https://wzsbinaraya.com/

WZ SATU BUILDS

HIGHWAY

RAILWAY

ELEVATED EXPRESSWAY

BUMI CLASS CONTRACTOR

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-06-19 17:26 | Report Abuse

Calvin, what you reposted is 1 year old lol

stncws

10,572 posts

Posted by stncws > 2020-06-19 17:28 | Report Abuse

Chart look like breakout like HLT. before ..90%!! positive

HandsomeGain

2,121 posts

Posted by HandsomeGain > 2020-06-19 17:57 | Report Abuse

Stncws.. See u here again bro.. Haha

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-06-19 18:44 | Report Abuse

Try my luck for son. See next week how :)

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:30 | Report Abuse

KUALA LUMPUR (Nov 4): The Malaysian government expects to start issuing  bauxite mining and export licences again in January 2020 since the ban on such activities in Pahang was lifted in April 2019.

Water, Land and Natural Resources Minister Dr Xavier Jayakumar said in Parliament here today the licence, which will be  part of a six-month pilot to test a new standard operating procedure (SOP) covering pre-to-post bauxite mining, will only allow such operations to be undertaken in Gebeng, Pahang, in the initial stage.

Dr Xavier said the government will reevaluate the implementation of the SOP before allowing licensees to undertake bauxite mining across Pahang.

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:31 | Report Abuse

>> Later, Dr Xavier told reporters outside the Parliament that at least three companies have applied for the Gebeng licence.

"They are all local companies," he said. Dr Xavier said they are required to adhere to a sizeable capital expenditure requirement considering the stringent SOP proposed.
"After they follow the requirements for the SOP, they will send a letter to the ministry to obtain the licence," Dr Xavier said.

Dr Xavier expects the government to issue its first bauxite mining licence under the new SOP at the earliest by January 2020, from which the six-month pilot period will commence.

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:31 | Report Abuse

Referring to Q2 report ended Feb'2020 :

However, the uncertainty on commencement date of a single project may affect the results
of the Group. The bauxite mining operation has not resumed todate, however, the Group is exploring other
mining opportunities.

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:33 | Report Abuse

Notice of Person Ceasing (Section 139 of CA 2016)
WZ SATU BERHAD

Particulars of Substantial Securities Holder

Name URUSHARTA JAMAAH SDN BHD

Address Tingkat 7, Bangunan Setia 1,
15 Lorong Dungun,
Bukit Damansara,
Kuala Lumpur
50490 Wilayah Persekutuan
Malaysia.
Company No. 201801045610 (1307642-V)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Date of cessation 24 Mar 2020
Name & address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank,
165, Jalan Ampang,
50450 Kuala Lumpur,
Wilayah Persekutuan
No of securities disposed 9,428,192
Circumstances by reason of which a person ceases to be a substantial shareholder (1) Transfer of shares from Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (1) to Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Amundi 1)

(2) Disposal of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Affin 1)

(3) Disposal of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah S B (Franklin 1)
Nature of interest Direct Interest

Date of notice 25 Mar 2020
Date notice received by Listed Issuer 27 Mar 2020

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:34 | Report Abuse

Notice of Person Ceasing (Section 139 of CA 2016)
WZ SATU BERHAD

Particulars of Substantial Securities Holder

Name LEMBAGA TABUNG HAJI

Address 201, Jalan Tun Razak,
Kuala Lumpur
50400 Wilayah Persekutuan
Malaysia.
Company No. Act 535 (Tabung Haji Act 1995)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Date of cessation 28 Dec 2018
Name & address of registered holder Lembaga Tabug Haji
201, Jalan Tun Razak,
50400 Kuala Lumpur,
Wilayah Persekutuan
No of securities disposed 43,498,672
Circumstances by reason of which a person ceases to be a substantial shareholder Transfer of shares to Urusharta Jamaah Sdn. Bhd. as a result of the restructuring exercise.
Nature of interest Direct Interest

Date of notice 28 Dec 2018
Date notice received by Listed Issuer 07 Jan 2019

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:37 | Report Abuse

Wzsatu is not one of the 3 local companies that have applied for the Gebeng licence.

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 21:53 | Report Abuse

FY16 : revenue RM466 mil , Profit RM 22.9 mil

FY17 : revenue RM560 mil , Profit RM 25.3 mil

FY18 : revenue RM502 mil , Loss(RM 84.2 mil)

FY19 : revenue RM389 mil , Loss( RM 94.3 mil)

FY20 (2Q) : revenue RM 151 mil , Loss (RM 18.1 mil )

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 23:53 | Report Abuse

In latest Q2 report :

Cash on hand and at banks 24,415,000

Deposits with licensed banks 23,970,000

Cash and bank balances 48,385,000

Less: Bank overdrafts ( 12,018,000 )

Less: Deposits pledged to licensed banks
( 2,948,000 )


Cash and cash equivalents 33,419,000

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 23:53 | Report Abuse

Material Litigation

(i) Arbitration between PT Technic Engineering Sdn Bhd ("PT Technic") ("Claimant") as a sub- contractor to WZS Misi Setia Sdn Bhd (a wholly-owned subsidiary of the Group) ("MISI") for resolution of disputed payments due in relation to a mechanical and piping work project.

(a) That MISI shall pay the sum of RM4,343,706.82 to PT Technic in full and final settlement of all matters in difference with reference to PT Technic's claim for work and additional works referred to the Arbitrator in this Arbitration;

(b) That MISI shall pay interest at the rate of 5% simple interest per annum on the sum of RM4,343,706.82 from 29 November 2019 until the actual realisation of the said payment by MISI to PT Technic;

Cmhoon

198 posts

Posted by Cmhoon > 2020-06-19 23:54 | Report Abuse

Court Case with ex Executive Director cum COO Dato William Tan :


ii) WZ Satu Berhad - Writ of Summon and Amended Statement of Claim (High Court at Shah Alam Civil Suit No. BA-22NCVC-469-10/2019)
Plaintiffs: Dato' William Tan Chee Keong and Mr. Choi Chee Ken
Defendant: WZ Satu Berhad

On 8 November 2019, the Company received a Writ of Summon ("the Writ") and Amended Statement of Claim, all dated 24 October 2019 from the Plaintiffs ("the Statement of Claim") through their solicitor. Pursuant to the Writ and the Amended Statement of Claim, the Plaintiffs are claiming for breach of Share Sale Agreement dated 10 January 2014 ("SSA") in relation to the acquisition of WZS BinaRaya Sdn Bhd ("Target Company") to conduct a special audit in order to verify the final aggregate financial result of the Target Company for the Guaranteed Period.

Consequently the Plaintiffs are seeking for RM34,084,500 representing the continuing loss of value of Security Shares, Bonus Shares and Warrants from 24 October 2019 until the date of the Order (if any), alternatively, the damages to be assessed by the Court; interest at the rate of 5% per annum, costs of the action to be paid to the Plaintiffs and such other relief as determined by the Court.

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-06-20 01:03 | Report Abuse

Very good evening to all Happy Holders of WZ Satu,

You are on to another Great Stock after Supermax at Rm2.50, RGT Bhd at 23 sen, Adventa at 57 sen, Es_Ceramic at 32 sen, Luxchem at 47 sen, Naim at 67 sen & many others bought while dirt cheap!

In all the above stocks one sneaky snake called mikecyc aka hiding in fake ID Cmhood, Jjohnchew, johnchew5, Vincent2002 wiggled in with some facts & later cast his lies

See this BIG LIE


Cmhoon
Wzsatu is not one of the 3 local companies that have applied for the Gebeng licence.
19/06/2020 9:37 PM

THE ABOVE IS A VERY BLATANT LIE FROM A HEART FULL OF DECEIT

What is the Truth?

See this

The group has said it is looking at ventures in onshore and downstream long-term service contracts, while waiting for the lifting of the bauxite mining moratorium and export ban in Pahang — which is currently scheduled for end-March. As at end-FY18, WZ Satu had an order book of RM873 million.

Read again:

waiting for the lifting of the bauxite mining moratorium and export ban in Pahang — which is currently scheduled for end-March. As at end-FY18, WZ Satu had an order book of RM873 million.

https://www.theedgemarkets.com/article/pahang-royaltylinked-wz-satu-shares-hit-fivemonth-high

LISTEN LISTEN LISTEN

WZ SATU WILL BE THE BIGGEST PLAYER IN BAUXITE EXPORT

https://www.nst.com.my/news/nation/2020/01/557098/bauxite-mining-start-once-operators-are-ready-says-pahang-mb

ALSO A PROMINENT PLAYER IN ECRL
https://www.nst.com.my/business/2018/12/441531/wz-satus-unit-bags-rm134m-gemas-johor-baru-rail-contract

https://www.theborneopost.com/2019/08/08/ecrls-resumption-a-huge-relief-for-construction/

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-06-20 01:05 | Report Abuse

Very good evening to all Happy Holders of WZ Satu,

You are on to another Great Stock after Supermax at Rm2.50, RGT Bhd at 23 sen, Adventa at 57 sen, Es_Ceramic at 32 sen, Luxchem at 47 sen, Naim at 67 sen & many others bought while dirt cheap!

In all the above stocks one sneaky snake called mikecyc aka hiding in fake ID Cmhood, Jjohnchew, johnchew5, Vincent2002 wiggled in with some facts & later cast his lies

See this BIG LIE


Cmhoon
Wzsatu is not one of the 3 local companies that have applied for the Gebeng licence.
19/06/2020 9:37 PM

THE ABOVE IS A VERY BLATANT LIE FROM A HEART FULL OF DECEIT

What is the Truth?

See this

The group has said it is looking at ventures in onshore and downstream long-term service contracts, while waiting for the lifting of the bauxite mining moratorium and export ban in Pahang — which is currently scheduled for end-March. As at end-FY18, WZ Satu had an order book of RM873 million.

Read again:

waiting for the lifting of the bauxite mining moratorium and export ban in Pahang — which is currently scheduled for end-March. As at end-FY18, WZ Satu had an order book of RM873 million.

https://www.theedgemarkets.com/article/pahang-royaltylinked-wz-satu-shares-hit-fivemonth-high

LISTEN LISTEN LISTEN

WZ SATU WILL BE THE BIGGEST PLAYER IN BAUXITE EXPORT

https://www.nst.com.my/news/nation/2020/01/557098/bauxite-mining-start-once-operators-are-ready-says-pahang-mb

ALSO A PROMINENT PLAYER IN ECRL
https://www.nst.com.my/business/2018/12/441531/wz-satus-unit-bags-rm134m-gemas-johor-baru-rail-contract

https://www.theborneopost.com/2019/08/08/ecrls-resumption-a-huge-relief-for-construction/

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-06-20 05:33 | Report Abuse

Ha ha who is the liar ....

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-06-20 05:35 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-06-20 05:35 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-06-20 05:36 | Report Abuse

Cmhoon Referring to Q2 report ended Feb'2020 :

However, the uncertainty on commencement date of a single project may affect the results
of the Group. The bauxite mining operation has not resumed todate, however, the Group is exploring other
mining opportunities.
19/06/2020 9:31 PM

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