WCT HOLDINGS BERHAD

KLSE (MYR): WCT (9679)

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Last Price

1.28

Today's Change

+0.05 (4.07%)

Day's Change

1.22 - 1.29

Trading Volume

26,581,100


27 people like this.

16,520 comment(s). Last comment by HugoUPUPUP 1 hour ago

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-24 15:39 | Report Abuse

JUST IN CASE it doesn't break 1.00...

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-07-24 15:51 | Report Abuse

Fgv go

value_invest

1,147 posts

Posted by value_invest > 2018-07-24 16:06 | Report Abuse

Dont look the short term price movement.. the stock will be re rated once the positive news released...

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-24 16:12 | Report Abuse

Attempting to break 1.00 one more time...I still have shares so I'm not worried =)

Posted by ghazkas064 > 2018-07-24 17:02 | Report Abuse

Resistance at 1.0 today

Datokim

588 posts

Posted by Datokim > 2018-07-24 17:19 | Report Abuse

sold 1 lot of T3 and contra gain 26k ...kikikiki will dump all once cross 1.05 !!! kikikik

signn

1,813 posts

Posted by signn > 2018-07-24 17:45 | Report Abuse

Was I made more than 130k paper profit also not sell yet..Why so cepat? Hehe

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-24 17:51 | Report Abuse

Why I worry? I still have 13k plus Gamuda, Gadang(picked up today costing 73.5c=), IJM, Huaan, Eastlnd, BPuri, Alcom, WTK, TunePro, MMCCorp, MRCB, UEMS, K1 ,MahSing, Masteel, Malton,GKent...all bought cheaply after the market plunged post -GE '14 =)))

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-24 17:54 | Report Abuse

& not forgetting Fajarbaru & MKH as well as MPI & KimLun =)

yamiyugi

90 posts

Posted by yamiyugi > 2018-07-24 20:32 | Report Abuse

regret if miss this opportunity....jz buy

frankco

194 posts

Posted by frankco > 2018-07-24 20:33 | Report Abuse

arbitration award coming?
In the meantime and with reference to the previous announcement dated 8th July 2015, proceedings to ratify and thereafter to enforce the Arbitral Award issued in favour of WCTB on 8 July 2015 remain ongoing.

cooling

1,676 posts

Posted by cooling > 2018-07-24 21:11 | Report Abuse

company valued at 1.36 billion...and awarded 1.2 billion...fair value of wct should be Rm3.00 including the Rm555 million TRX project and other construction...go go go...

cooling

1,676 posts

Posted by cooling > 2018-07-24 21:14 | Report Abuse

just close eyes and buy...anything below Rm1 is cheap and undervalued...

http://www.theedgemarkets.com/article/wct-wins-final-appeal-suit-filed-dubai-firm

zerocool7199

1,235 posts

Posted by zerocool7199 > 2018-07-24 21:29 | Report Abuse

Tomoro fly again...yummy :)

frankco

194 posts

Posted by frankco > 2018-07-24 21:30 | Report Abuse

the arbitration award amount to RM 1.2 B.. huge amount ..

mrstrong

285 posts

Posted by mrstrong > 2018-07-24 21:33 | Report Abuse

buy more !!!

Oliveoil

330 posts

Posted by Oliveoil > 2018-07-24 21:46 | Report Abuse

tomorrow fly ?

Posted by LittlePotato > 2018-07-24 23:15 | Report Abuse

add more tomorrow before too late...still worth to catch with those good news...

ZEPAN

606 posts

Posted by ZEPAN > 2018-07-25 00:50 | Report Abuse

Hold your horses. You can trust the Arabs? Will they willing pay or they might just declare bankrupt and avoid paying such a hugh amount? Only when the amount is in WCT hand, can we safely say it belongs to WCT.

ZEPAN

606 posts

Posted by ZEPAN > 2018-07-25 00:51 | Report Abuse

And court case takes a very very long time to settle. What about the appeals after appeals?

iLinks97

251 posts

Posted by iLinks97 > 2018-07-25 00:56 | Report Abuse

" wins final appeal " ? not sure about law

ZEPAN

606 posts

Posted by ZEPAN > 2018-07-25 08:39 | Report Abuse

U see all that 3000 shares at each step of the ladder to buy at more than $1.25 is just someone trying to con u. Same with warrants , they queue at 25 cents and below at 10 thousand shares at each step of the ladder is another tactic to con u. Tehy fill each step of the ladder until u cannot see the actual price the con person is paying. So, my advice to all is to buy after all is settled in.

param54

632 posts

Posted by param54 > 2018-07-25 08:42 | Report Abuse

zepan.very true

Secret

875 posts

Posted by Secret > 2018-07-25 09:07 | Report Abuse

Let move up to 1.090 today!

MoneyUp888

842 posts

Posted by MoneyUp888 > 2018-07-25 09:17 | Report Abuse

Zepan you are late, that's why you talking cocck

CL_Tiok

78 posts

Posted by CL_Tiok > 2018-07-25 09:17 | Report Abuse

latest announcement..

MATERIAL LITIGATION WCT HOLDINGS BERHAD ("WCT" OR "THE COMPANY") UPDATES ON THE NAD AL SHEBA DUBAI RACECOURSE CONTRACT DISPUTE

Reference is made to the previous announcements dated 27th June 2012 and 27th March 2013 pertaining to the Dubai Court Commercial Action No. 1066/2012 (“Civil Suit”) initiated by Meydan claiming jointly against WCT Berhad (Dubai Branch) (“WCTB”) and Arabtec Construction LLC (“Arabtec”), a sum of AED3.5 billion.

The Board of Directors of WCT wishes to announce that it has been informed by WCTB’s appointed lawyers in Dubai that the Dubai Civil Court of Cassation (“COC”) has on 22 July 2018 dismissed Meydan’s appeal in respect of the earlier Court of First Instance and Court of Appeal’s dismissals / rejections of Meydan’s Civil Suit. The Board has further been advised that the COC is the highest civil appeal court in Dubai and the Civil Suit is therefore now concluded.

In the meantime and with reference to the previous announcement dated 8th July 2015, proceedings to ratify and thereafter to enforce the Arbitral Award issued in favour of WCTB on 8 July 2015 remain ongoing.

This announcement is dated 24 July 2018.

looi88

246 posts

Posted by looi88 > 2018-07-25 09:17 | Report Abuse

rm1 break, nicesss

bjgdila123

3,468 posts

Posted by bjgdila123 > 2018-07-25 09:17 | Report Abuse

1.20 tp

jiunn

866 posts

Posted by jiunn > 2018-07-25 09:18 | Report Abuse

Zoom...Zoom...Zoom...all WCT warrant shooting up up all the way!!

zerocool7199

1,235 posts

Posted by zerocool7199 > 2018-07-25 09:22 | Report Abuse

Already say you will regret for life if still waiting..

MoneyUp888

842 posts

Posted by MoneyUp888 > 2018-07-25 09:23 | Report Abuse

Next resistance 1.1

jiunn

866 posts

Posted by jiunn > 2018-07-25 09:25 | Report Abuse

UNBELIEVABLE....VERY POWERFUL MOVE....

Posted by Maurice1688 > 2018-07-25 09:27 | Report Abuse

Kenanga Research - WCT announced that they have received a letter of intent for the award of construction works on a proposed commercial development in Tun Razak Exchange (TRX) for RM555.0m. Neutral on the potential win. No changes to FY18-19E earnings. Maintain OUTPERFORM with an unchanged Target Price of RM1.35.

value_invest

1,147 posts

Posted by value_invest > 2018-07-25 09:33 | Report Abuse

The legal case win of RM1.2b is just a bonus to the stock. Most of the analyst don't take into this valution. The up trend market, there is so many ppl waiting to buy on weakness. I will see this stock will slowly moving up for coming good news.. Re rating soon..

Posted by Maurice1688 > 2018-07-25 09:34 | Report Abuse

1.35 TP is without considering the legal case, i believe re-rating will be above 1.5

Datokim

588 posts

Posted by Datokim > 2018-07-25 09:38 | Report Abuse

Write a comment..1.6 million all sold kikikiki may b consider collecting calvin tan counter mbsb kikikiki

value_invest

1,147 posts

Posted by value_invest > 2018-07-25 09:38 | Report Abuse

Again, the RM1.2b is a bonus...IF the RM1.2b can be recovered, this will have additional RM 0.90 to the stock.. I believe the stock will get a super bost fundamentally...Valuation is easily above RM2.50,,,

value_invest

1,147 posts

Posted by value_invest > 2018-07-25 09:43 | Report Abuse

Just buy on weakness, If anyone have followed the stock and attended the management QR meeting months ago, there is pending a positive information coming soon.. Accumulating...

pow_kor

103 posts

Posted by pow_kor > 2018-07-25 09:54 | Report Abuse

come on... give me some limit up like gkent

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-07-25 09:56 | Report Abuse

Strong indications to reach 1.20 by end of this week, market sentiments not withstanding, to close the post GE14 plunge gap

dknycom

1,235 posts

Posted by dknycom > 2018-07-25 10:32 | Report Abuse

TP 1.10 today is not a dream

iLinks97

251 posts

Posted by iLinks97 > 2018-07-25 11:35 | Report Abuse

if closing 1.07 should be good enough

limch

3,032 posts

Posted by limch > 2018-07-25 12:14 | Report Abuse

So many construction counters(Gab Aqrs, GKent, Suncon etc) why my fellow Lim Desmond Lim interested in WCT?

l3ryan

669 posts

Posted by l3ryan > 2018-07-25 12:16 | Report Abuse

Why WCT? the big piece of land WCT own at OUG.. heard the paradigm garden city is going to change to become pavilion garden city..

limch

3,032 posts

Posted by limch > 2018-07-25 12:16 | Report Abuse

Meydan claim RM 1.2 billion still pending right? How abt WCT Reit listing? People(eg EPF) think WCT only construction nothing else?

Benny1123

117 posts

Posted by Benny1123 > 2018-07-25 12:30 | Report Abuse

profit taking ..run.

amet2017

3,150 posts

Posted by amet2017 > 2018-07-25 12:32 | Report Abuse

woi mana mahu lari..naik tangga pun malas

limch

3,032 posts

Posted by limch > 2018-07-25 12:35 | Report Abuse

EPF WCT also got property(Rawang is it) why must look at Germany properties only not M'sia?

limch

3,032 posts

Posted by limch > 2018-07-25 12:35 | Report Abuse

Toll in India WCT also got right?

limch

3,032 posts

Posted by limch > 2018-07-25 12:38 | Report Abuse

Desmond Lim pls transfer WCT from construction to trading sector? to make people aware WCT not only construction business they have.

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