CITAGLOBAL BERHAD

KLSE (MYR): CITAGLB (7245)

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Last Price

0.93

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

4,016 comment(s). Last comment by mf 1 day ago

siulong1

406 posts

Posted by siulong1 > 2014-11-06 16:29 | Report Abuse

drop like shiit.......sad....

bracoli

2,579 posts

Posted by bracoli > 2014-11-06 17:36 | Report Abuse

sell la.. go up sure must come down

tunku1234

102 posts

Posted by tunku1234 > 2014-11-11 00:31 | Report Abuse

Heard that it will rebound soon to 2.6

Posted by michael7 > 2014-11-11 00:34 | Report Abuse

Another wave up is coming...be prepared

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-11 16:01 | Report Abuse

Heavy selling today..will strong support at rm2 broke?

tunku1234

102 posts

Posted by tunku1234 > 2014-11-11 22:55 | Report Abuse

No worries....will rebound in short term

tunku1234

102 posts

Posted by tunku1234 > 2014-11-11 23:01 | Report Abuse

Director kept buying still...only small fish panic selling...

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-12 01:31 | Report Abuse

Keep hold this wzsatu..rapid project next..that why director mau kumpul byk2

tunku1234

102 posts

Posted by tunku1234 > 2014-11-12 12:34 | Report Abuse

Good buying opportunities... Kept top-up the warrant

tunku1234

102 posts

Posted by tunku1234 > 2014-11-12 12:48 | Report Abuse

Should filter out all panic sellers today

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-12 23:39 | Report Abuse

support at 2.03 broken..now the near support is 1.77...no price technical rebounce since 2.63...
my prediction 1.77 support will broken tomorrow..all the indicator say sell + market sentiment very bad now..very good company but maybe we can collect at super discount price..just my 2 cents

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-13 00:05 | Report Abuse

collect mean everaging the price at the bottom...

Tony88

26 posts

Posted by Tony88 > 2014-11-13 00:12 | Report Abuse

Zack Zorro.... What price can start collect?

Tony88

26 posts

Posted by Tony88 > 2014-11-13 00:27 | Report Abuse

Based on several news, rebound should come in few trading days, if nt tmr..,,so I think we must hold tight, top-up and wait for the moment....and technically the rebound will be very strong

notcare

44 posts

Posted by notcare > 2014-11-13 08:21 | Report Abuse

Tony88... you are right... is todday..

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-13 13:57 | Report Abuse

price rebounce at 1.78..1 sen before support..good

siulong1

406 posts

Posted by siulong1 > 2014-11-13 16:27 | Report Abuse

doesnt look good, sad

siulong1

406 posts

Posted by siulong1 > 2014-11-13 16:29 | Report Abuse

real rebound become fake rebound@@

Zack_Zorro

102 posts

Posted by Zack_Zorro > 2014-11-13 20:17 | Report Abuse

Tabung haji slowly sell their share?

skyhawk

4,453 posts

Posted by skyhawk > 2014-11-14 12:42 | Report Abuse

I am not vested in tis counter but watching closely for an entry...atm d stock is in a v deep corrections n any rebound wld b short lived..Be careful lor :(:(:(

notcare

44 posts

Posted by notcare > 2014-11-18 08:44 | Report Abuse

today is the D day

tunku1234

102 posts

Posted by tunku1234 > 2014-11-18 16:10 | Report Abuse

buy....coming...

tunku1234

102 posts

Posted by tunku1234 > 2014-11-18 16:13 | Report Abuse

news stated will break resistance 2.0 soon

tunku1234

102 posts

Posted by tunku1234 > 2014-11-18 16:19 | Report Abuse

based on volume, panic seller for warrant has been filtered out....it's buyer time.

notcare

44 posts

Posted by notcare > 2014-11-18 16:59 | Report Abuse

I think at least 2.50..

Posted by michael7 > 2014-11-19 13:20 | Report Abuse

super low volume today...

siulong1

406 posts

Posted by siulong1 > 2014-11-19 15:39 | Report Abuse

doesnt look good

tunku1234

102 posts

Posted by tunku1234 > 2014-11-19 16:05 | Report Abuse

no worries....

tunku1234

102 posts

Posted by tunku1234 > 2014-11-20 17:34 | Report Abuse

volume came back...looking good...

Posted by michael7 > 2014-11-21 11:42 | Report Abuse

still quiet...

tunku1234

102 posts

Posted by tunku1234 > 2014-11-21 15:51 | Report Abuse

so the MD bought over its subsidiary WZ marketing for RM6 over million + repay debt over RM16 million for 3 years to WZ Satu.... what do you think for this action?

tunku1234

102 posts

Posted by tunku1234 > 2014-11-21 15:54 | Report Abuse

will the MD Tan Ching Kee slowly distant himself from WZ Satu and handover the company to the Chairman Tengku Dato' Sri Uzir Bin ?

tunku1234

102 posts

Posted by tunku1234 > 2014-11-21 18:23 | Report Abuse

so who bought tabung haji shares 3.5 Mil?

tunku1234

102 posts

Posted by tunku1234 > 2014-11-26 18:12 | Report Abuse

let's make some analysis,

Currently,
Founder Tan's family (CK Tan, CB Tan and CT Ng) holding approx. 21.67% of shares
Chairman Tengku Dato' Sri Uzir Bin holding 22.94% of shares

Assumed that Tengku who already has more shares than Tan's family bought Tabung Haji shares (approx. 1.39%), he has 24.33% now...

Assumed that Tan's family bought over, they has 23.06% of shares, which is slighly more than Tengku....

Who do you think bought over tabung haji shares?

Posted by michael7 > 2014-11-27 17:19 | Report Abuse

tunku1234... be it Tan's family or Tengku, most important must bring more profits to the company and share price go up !

Posted by michael7 > 2014-11-27 17:20 | Report Abuse

so quiet lately....even directors all quiet

Posted by michael7 > 2014-11-27 17:22 | Report Abuse

smtg is brewing behind, waiting for the kick to start the wave....

tunku1234

102 posts

Posted by tunku1234 > 2014-11-27 17:31 | Report Abuse

michael7.... we have to analyze to predict the future of company...

tunku1234

102 posts

Posted by tunku1234 > 2014-11-27 17:45 | Report Abuse

Seems like unlikely Tan's family bought over tabung haji shares due to following,

1) tan's family just bought over subsidiary WZ marketing for RM6 over million ... which led them to cash tight situation...Co-founder NT Ng even sold 300,000 units shares on 07-Nov to pay for this aquisition.

2) WZsatu need to maintain 51% bumi shares to bid for goverment project, especially projects in pengerang which they are front-runner thru misi setia

Tony88

26 posts

Posted by Tony88 > 2014-11-27 18:26 | Report Abuse

I respect MD Mr.Tan to spend his own pocket of money to take over WZsatu Marketing because of the roots and the employees ... Respect boss !

tunku1234

102 posts

Posted by tunku1234 > 2014-11-27 18:29 | Report Abuse

Tony88.... Dun get sentimental, only business...haha.. Good for us, 22 mil bought over loss making subsidiary of wzsatu ! Means without the burden, wzsatu will gt higher profits !

Tony88

26 posts

Posted by Tony88 > 2014-11-28 13:14 | Report Abuse

based on serveral news, will rebound in few trading days...

tunku1234

102 posts

Posted by tunku1234 > 2014-11-28 17:58 | Report Abuse

Summary of WZsatu business

SE Satu - Acquired 49% in Dec-2013 for RM490k. Secured 36 months exclusive bauxite ore mining contract worth from Tanah Makmur Bhd. (tengku owns 10.8% stake)

KenKeong Sdn Bhd - Acquired 100% in Jan-2014 for RM27.5mil. This company is a G7 contractor specialising in building and civil engineering works.
Order book RM309mil.
Guarantee RM17mil profits to the group annually for the 1st 3 yrs.

Misi Setia Oil & Gas Sdn Bhd - Acquired 100% in Nov-2014 for RM27mil. This company mainly involved in design, procurement, fabrication, install, commission of skid packages, onshore O&G pipeline transmission system and plant terminal projects, also trading of O&G products.
Order book RM130mil, with strong tender book of RM330mil.
Guarantee RM4mil profits to the group annually from 2015-2017.

WZsatu steel business (Specilizing in manufacturing and trading of precision cold drawn steel bars which are mainly used in the office, computer and automotive industries) - Will be relocated to Indonesia, invested RM16mil to set-up factory there.

Looking to procure another O&G Company in 2015, rationalize steel business and focus on O&G business.

tunku1234

102 posts

Posted by tunku1234 > 2014-11-28 17:59 | Report Abuse

So guranteed 21mil profit (min) next year...current profit less than 12mil....so this share got lot of opportunities to grow

tunku1234

102 posts

Posted by tunku1234 > 2014-12-11 17:37 | Report Abuse

so Tabung Haji Acquired back the shares ! ! ! that's good news !

tunku1234

102 posts

Posted by tunku1234 > 2014-12-16 17:46 | Report Abuse

So wzsatu 100% subsidiary WZS KenKeong got RM 33 million contract ! ! ! Tmr Limit Up ! !

tunku1234

102 posts

Posted by tunku1234 > 2014-12-16 17:49 | Report Abuse

still got many good news in the pipeline... buy buy buy ! !

tunku1234

102 posts

Posted by tunku1234 > 2014-12-16 17:49 | Report Abuse

TP tmr rm 1.7

Tony88

26 posts

Posted by Tony88 > 2014-12-18 15:23 | Report Abuse

coming... TP rm2

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