WCT HOLDINGS BERHAD

KLSE (MYR): WCT (9679)

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Last Price

1.05

Today's Change

+0.04 (3.96%)

Day's Change

1.03 - 1.08

Trading Volume

13,158,800


27 people like this.

16,604 comment(s). Last comment by stockpick2me 1 day ago

Calvin882

1,562 posts

Posted by Calvin882 > 2018-08-25 14:06 | Report Abuse

Good news. Don't think there is any U-turn anymore. It's double U-turn already.

share2014

404 posts

Posted by share2014 > 2018-08-25 16:30 | Report Abuse

Monday all panic buy

zerocool7199

1,236 posts

Posted by zerocool7199 > 2018-08-25 18:42 | Report Abuse

Good huge news for construction sector..

iLinks97

251 posts

Posted by iLinks97 > 2018-08-25 19:17 | Report Abuse

WCT involve in ECRL ?

Posted by ribort_kok > 2018-08-25 22:55 | Report Abuse

The Reds well done ..dont layan solaris80.. for wct..try to find new support level..then accumulate some more..if every fine for the upcoming market outlook..then ill sure wct will be back on track..just have some patient..

iLinks97

251 posts

Posted by iLinks97 > 2018-08-25 23:03 | Report Abuse

waiting for next week QR ~

5354

375 posts

Posted by 5354 > 2018-08-26 06:25 | Report Abuse

LGE complain corporate overpay tax. WCT also overpay tax?
https://klse.i3investor.com/financial/YoY/quarter/9679/31-Mar-2018_1801824301.jsp

sdu2775b

21 posts

Posted by sdu2775b > 2018-08-27 10:51 | Report Abuse

drop more today morning, any bad news coming?

zenmaster

62 posts

Posted by zenmaster > 2018-08-27 13:13 | Report Abuse

Why keep dropping? Maybe The Red knows

zenmaster

62 posts

Posted by zenmaster > 2018-08-27 13:13 | Report Abuse

Hehehehe

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2018-08-27 13:17 | Report Abuse

Market don't like Tun M as PM hehe? Problem he doesn't want to resign so we eat grass?

Posted by zenmaster > Aug 27, 2018 01:13 PM | Report Abuse
Why keep dropping? Maybe The Red knows

shuenn

86 posts

Posted by shuenn > 2018-08-27 15:58 | Report Abuse

game over.......keep drop like no tomorrow?

Posted by Terence Chee > 2018-08-27 18:14 | Report Abuse

Tomorrow up up up, good QR

snwong13

717 posts

Posted by snwong13 > 2018-08-27 18:18 | Report Abuse

.
Well Done. ...Excellent Results!

Posted by Younglearner > 2018-08-27 18:27 | Report Abuse

will the wct-we will follow up also? this few days really scary.. drop non-stop

regnig

259 posts

Posted by regnig > 2018-08-27 18:36 | Report Abuse

Good job! WCT. Earnings consistently improving

Posted by Prashan Ram > 2018-08-27 18:53 | Report Abuse

wct c13 time to fly!!!

boldrun88

528 posts

Posted by boldrun88 > 2018-08-27 19:02 | Report Abuse

Fantastic result..

value88

709 posts

Posted by value88 > 2018-08-27 20:09 | Report Abuse

Great result :)
The earnings improved both YoY and QoQ.
At today's closing price, WCT's stock price is still down by 43% from RM1.62 per share in beginning of 2018. With this great result and improving sentiment, I suppose WCT's stock price should move upwards and close the gap from now onwards.

derrtan

1,796 posts

Posted by derrtan > 2018-08-27 20:35 | Report Abuse

9679 (WCT °)
PROVISION OF FINANCIAL ASSISTANCE
27-08-2018 18:17:36

PROVISION OF FINANCIAL ASSISTANCE
PROVISION OF FINANCIAL ASSISTANCE
WCT Holdings Berhad ("WCT" or "the Company")- Provision of Financial Assistance
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.co

what is this about?

ooibkk23

587 posts

Posted by ooibkk23 > 2018-08-27 20:48 | Report Abuse

Whoever sold their share today will be heart pain tomorrow. This typical push down to collect before good news.

CL_Tiok

78 posts

Posted by CL_Tiok > 2018-08-27 21:18 | Report Abuse

great qr ecrl u-turn. let see tomorrow..

1214258703

1,103 posts

Posted by 1214258703 > 2018-08-27 22:26 | Report Abuse

luckily got collect some today...hehehe... i knew it reverse psychology...hahahah

Posted by Maurice1688 > 2018-08-27 22:32 | Report Abuse

I believe wct will bring up construction counters tomorrow

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-27 23:11 | Report Abuse

I am surprised that the share price dropped today just before a good qr... normally, some would have caught the strong "wind" and share price should have gone up... puzzled :/

Posted by deathgodwoairuo > 2018-08-27 23:18 | Report Abuse

it worth to holding warrant?

Posted by Joshuajoshua > 2018-08-28 08:08 | Report Abuse

Construction firm WCT Holdings Bhd's net profit doubled to RM43.78 million in the second quarter ended June 30, 2018, from RM21.25 million a year ago, mainly due to higher construction billings from local infrastructure projects and lower unrealised foreign exchange loss.

Earnings per share improved to 3.11 sen, from 1.53 sen.

Quarterly revenue rose 75% year-on-year to RM669.90 million from RM382.81 million.

For the cumulative six months, WCT’s net profit was up 51.9% to RM82.16 million from RM54.09 million in the same period last year, while revenue rose 41.4% to RM1.21 billion from RM855.7 million.

derrtan

1,796 posts

Posted by derrtan > 2018-08-28 09:11 | Report Abuse

wow..where is the selling pressure coming from???

zerocool7199

1,236 posts

Posted by zerocool7199 > 2018-08-28 09:13 | Report Abuse

Haha...indeed very funny..but that show you to collect more..matter of time for the shark to push back up once enough collect

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-28 09:37 | Report Abuse

continue to be puzzled...

value88

709 posts

Posted by value88 > 2018-08-28 09:41 | Report Abuse

All the 3 segments showed improved revenue in this quarter.
What impressed me more is the performance from its property investment and management segment, the commencement of Paradigm Mall in JB in end 2017 are contributing more and more to the earnings of this segment. The rental revenue will be consistent as people do not rent for one quarter and move out. Thus, I am expecting consistent recurring income from its concessions.

Besides, WCT management is doing their best in de-gearing initiatives to reduce the debt level.
At current price and core profit in past 4 quarters, WCT is selling <10x PE multiple which is undervalued for established construction, property dev and concessions company like WCT.

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-28 09:53 | Report Abuse

totally agreed with Value88... thus have been loading up ... but need to be patient lo... :)

iLinks97

251 posts

Posted by iLinks97 > 2018-08-28 09:59 | Report Abuse

The major problems is gearing . Once they receive Dubai money REITs delay to 2019 . Should be fine .

Posted by jordanmaggie61 > 2018-08-28 10:05 | Report Abuse

Very interesting stock ! Worth to invest tho

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-28 10:41 | Report Abuse

Lets make it happen, keep on buying ! Slowly but surely yeah

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-28 10:51 | Report Abuse

Buy Buy Buy :)))

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-28 10:52 | Report Abuse

by next week, you will wonder why you didnt do so ...wakakaka

CSS1234

64 posts

Posted by CSS1234 > 2018-08-28 10:53 | Report Abuse

可惜,欠债又增加几億!

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-28 11:17 | Report Abuse

Happy ! Good profit everyday hehehe

value88

709 posts

Posted by value88 > 2018-08-28 11:27 | Report Abuse

WCT's debt is high due to its business nature, it owns many investment properties. It is the same as other concessions business which, for example, own highway. Their debt tends to be high too. However, this is not a worry as the investment properties can generate recurring income to WCT and the profit margin in this segment is very high.

Having said that, WCT management also reckon that their debt level does not meet their target, therefore, they have been focusing on de-gearing activities which include selling the idle land bank & etc. I do see their initiatives in reducing the debt level.

derrtan

1,796 posts

Posted by derrtan > 2018-08-28 12:10 | Report Abuse

haha...profit doubled..up 0.01 cent

Posted by Lee Yeu Kin > 2018-08-28 12:38 | Report Abuse

sabar wahai kawan kawan wct...

ooibkk23

587 posts

Posted by ooibkk23 > 2018-08-28 13:08 | Report Abuse

Good news , no drop consider good.

derrtan

1,796 posts

Posted by derrtan > 2018-08-28 13:11 | Report Abuse

and the index up 9pt..if not pushing under this kinda of sentiment, i dont think they have intention to push at all.

tamp0i

912 posts

Posted by tamp0i > 2018-08-28 13:23 | Report Abuse

I'm just watching it drifting day by day from 0.98 to 0.92, even fairly good QR posed little help...

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-28 14:50 | Report Abuse

strange...

derrtan

1,796 posts

Posted by derrtan > 2018-08-28 15:03 | Report Abuse

kena trap again!! thought different this time

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