Posted by Mikecyc > 2020-07-09 06:19 |

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Posted by Stonecold > 2020-07-09 08:24 | Report Abuse

KUALA LUMPUR (July 1): A consortium led by WZ Satu Bhd has bagged a contract worth RM120 million for the provision of engineering, procurement, construction, installation and commissioning (EPCIC) from Petronas Carigali Sdn Bhd.

WZ Satu's wholly-owned WZS Misi Setia Sdn Bhd and its consortium partner UMD Energy Sdn Bhd accepted the letter of award today, the group said in a filing.

The EPCIC contract is for the PM 309 Gas Ledang Redev Segment 2 (Ledang S2) development project, it said.

https://www.theedgemarkets.com/article/wz-satu-and-partner-land-rm120m-epcic-job-petronas-carigali

Posted by Mikecyc > 2020-07-09 08:54 |

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Posted by Stonecold > 2020-07-09 09:34 | Report Abuse

dont care because this counter price at bottom now.collecting now, later director also keep continue acquire.they are in recovering mode.should be good at least for long term

Posted by calvintaneng > 2020-07-09 10:29 | Report Abuse

Very very strong accumulation at 21 sen by "unseen" hands

Once finished Wzsatu will go up solidly

Posted by Hidup_Anwar > 2020-07-09 16:44 |

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Posted by Taka47 > 2020-07-09 18:08 | Report Abuse

My bad,,, TP 0.27 sen in nearr future. Tp2. 0.33..

Posted by Mikecyc > 2020-07-09 19:04 |

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Posted by Taka47 > 2020-07-09 20:51 | Report Abuse

Just buy only. Scare what. Wzsatu die the big shark also die. He ady acquired lots of shares on wzsatu.

Posted by Taka47 > 2020-07-09 20:53 | Report Abuse

Just like AA.. tony wouldn't let it die also. The shares just rebound after suspension yesterday.

Posted by calvintaneng > 2020-07-09 23:06 | Report Abuse

Very good

Thumbs up and we'll done

Posted by Mikecyc > 2020-07-09 23:09 |

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Posted by Taka47 > 2020-07-09 23:24 | Report Abuse

Mike.. stop wasting your time to kakacaucau here. If you are not interested in the share itself just go somewhere else. Don't be the pain in the ass,

We followed Calvin Sifu. Just freaking do 9 it.

Posted by Taka47 > 2020-07-09 23:27 | Report Abuse

listen to this words of wisdom.

Posted by Mikecyc > 2020-07-10 06:16 |

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Posted by Hidup_Anwar > 2020-07-10 08:52 |

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Posted by calvintaneng > 2020-07-10 18:56 | Report Abuse

Good evening guys

Wzsatu called for EGM

It will be a neutral event

Anyone attending please ask Directors about resumption of Bauxite mining and Ecrl job award prospects

Thks

Posted by Mikecyc > 2020-07-11 11:10 |

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Posted by Mikecyc > 2020-07-11 11:11 | 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 )

Posted by Mikecyc > 2020-07-11 11:11 | 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

Posted by Mikecyc > 2020-07-11 11:42 | Report Abuse

Referred to FY20 Q2 report ended 29/2/2020 :

a) Financial assets

Trade and other receivables 98,170,000

Cash and bank balances 48,385,000

total = 146,555,000

b) Financial liabilities

Loans and borrowings 100,397,000

Trade and other payables 120,208,000

Lease liabilities 2,011,000

total = 222,616,000


a) - b ) = ( 77,061,000 )

FY20 ( 2Q) : Loss ( 18.1 million)

>> No wander need to do fund raising by Right Issue over RM 72 million .

>>Let's see FY20 Q3 ended May will Loss how much ????