WCT HOLDINGS BERHAD

KLSE (MYR): WCT (9679)

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Last Price

1.24

Today's Change

+0.01 (0.81%)

Day's Change

1.22 - 1.26

Trading Volume

11,492,800


27 people like this.

16,517 comment(s). Last comment by Abba84 14 hours ago

MengYew

818 posts

Posted by MengYew > 2018-12-14 10:02 | Report Abuse

The management noted on the declining of share price. They also pointed out the negative change of investor's sentiment to constructions stocks and admitted the share price is inline with the market outlook.

Nevertheless, the management had stressed that they had 2 contract won this year and achieved satisfactory financial result for YE18. Not too worry, NTA stood at 2.24 as at Sept 18.

That's the summary and what I understand from the query i raised to WCT.

RM 1 by CNY gone......

MengYew

818 posts

Posted by MengYew > 2018-12-14 10:40 | Report Abuse

and i do noted that funds are collecting.... but at small scale.....

Posted by lostoverseas > 2018-12-17 10:35 | Report Abuse

market down, WCT seems to be holding. just need some upward movement in the market.

CSS1234

64 posts

Posted by CSS1234 > 2018-12-17 14:52 | Report Abuse

母熊下山已经六个多月了,公牛还睡多几个月才醒。不用急,市场天天都在,最怕你輸到沒钱買!

CSS1234

64 posts

Posted by CSS1234 > 2018-12-18 11:51 | Report Abuse

十年一次的机会,要用最少的资本得到最高回報,十萬赚百萬不是夢,须要知道进场最好的時机!我见过最好几个朋友几拾萬赚近五百萬!

Posted by Silent 88888 > 2018-12-18 12:00 | Report Abuse

忍的住 就赢了

MengYew

818 posts

Posted by MengYew > 2018-12-20 10:06 | Report Abuse

Their Corporate Affairs dare to come forward and answer the queries without much delay. Not bad.. Sign the company still doing well....

CSS1234

64 posts

Posted by CSS1234 > 2018-12-20 10:54 | Report Abuse

Hong leong tprm0.53,rated:SELL.

MengYew

818 posts

Posted by MengYew > 2018-12-20 11:27 | Report Abuse

KIBB 1.10 Outperform
PBB 0.9 Hold

MengYew

818 posts

Posted by MengYew > 2018-12-20 11:27 | Report Abuse

DBS 1.19 Buy

Posted by Smart_invest > 2018-12-20 12:11 | Report Abuse

dont worry... those thinking of 0.53 just wait.... for me nw is superb cheap... i keep on buying.... before jan 1...i think it will be move.... this few day movement quite special.... i am technical base investor, but i only buy those stock with good fundamental and beautiful TA: WCT is 1 of it

MengYew

818 posts

Posted by MengYew > 2018-12-20 12:19 | Report Abuse

chart build up no doubt is good and promising... MACD at edge of crossing and uptrend. however, immediate resistance of 0.695 need to break and increase in volume is much needed.

CSS1234

64 posts

Posted by CSS1234 > 2018-12-20 12:22 | Report Abuse

就算今天rm0.53我也不会買,因为有些東西还没有爆出來!

MengYew

818 posts

Posted by MengYew > 2018-12-20 15:17 | Report Abuse

the reason why HLIB lower their TP is based on their negative outlook on the construction sector and reduced on earning forecast and higher on financial cost bear by WCT.

WCT management do noted the hike of financial cost and they had reassure their ability in interest service and commit to reduce the borrowing.

On the plus side, the collection and billing cycle is generally healthy and the risk of default is low due to the job nature and paymaster.

The group is diverting from focusing in infrastructure project and going to bid more building project in the future to reduce the dependency. The winning in July and September mark the walk to talk of the management. I have not sure if this been communicate to HLIB by the management but this do a highlight by HLIB why they cut the TP and their SELL call.

Compare the report from difference IB and make your own judgement.

ooibkk23

587 posts

Posted by ooibkk23 > 2018-12-21 08:16 | Report Abuse

top up some again.. too cheap not to buy....nobody know how low it will go, but if holding for long term, not so much different between 0.53 or 0.67.....everyone has different ideas. best time to collect construction counters.

Veron_teo

1,492 posts

Posted by Veron_teo > 2018-12-21 08:27 | Report Abuse

yesterday low is today high. will follow econbhd.. tp 0.3

wanteng

74 posts

Posted by wanteng > 2018-12-21 14:29 | Report Abuse

lower and lower,come back after new year

tonywong8

469 posts

Posted by tonywong8 > 2018-12-21 18:03 | Report Abuse

Another project awarded

MengYew

818 posts

Posted by MengYew > 2018-12-21 18:04 | Report Abuse

NO wonder the management dare to answer my query..... it's a hint....

ooibkk23

587 posts

Posted by ooibkk23 > 2018-12-21 19:39 | Report Abuse

Good. Price drops also never mind. Just buy and wait.

5354_

4,716 posts

Posted by 5354_ > 2018-12-24 02:49 | Report Abuse

WCT Holdings Bhd and TSR Capital Bhd have accepted a contract award worth RM676.8 million to build a shopping complex at the integrated Merdeka 118 development in Kuala Lumpur.

Their wholly-owned subsidiaries — WCT Bhd (WCTB) and TSR Bina Sdn Bhd (TSRB) — today executed the letter of acceptance issued by PNB Merdeka Ventures Sdn Bhd.

WCTB and TSRB will in due course form an incorporated joint venture company, on a ratio of 51:49 respectively, to undertake the contract.
https://www.theedgemarkets.com/article/sumatec-resources-top-gloves-sime-darby-advance-synergy-prg-muhibbah-engineering-wct-sedania

Posted by lostoverseas > 2018-12-24 10:59 | Report Abuse

needs to break 0.7!

5354_

4,716 posts

Posted by 5354_ > 2018-12-25 01:21 | Report Abuse

HLG IB analyst gaji buta? Why TP 53 sen never reach?

CashRich

168 posts

Posted by CashRich > 2018-12-25 10:01 | Report Abuse

HLG always mark lower then others

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2018-12-26 00:13 | Report Abuse

I try to control myself not to scold people.

If this HL analyst assume net profit margin of 6%, then 2019 should make RM150m profit and even more in 2020.

9M2018 profit already 100m. Why this analyst expect full year profit to be 71.3m?

Its hard not to scold people most of the time.

我國的報社都是這樣的,無知、盲從。來了就登,基本加減都沒有查證。所以南洋這樣也無可厚非。我以前當編輯的時候也是這樣,也沒資格批評。這個國家,真是讓人失望啊!

5354_

4,716 posts

Posted by 5354_ > 2018-12-26 02:34 | Report Abuse

Can WCT sell property division to Desmond Lim other company Malton? Let WCT concentrate more on construction and property investment business.

5354_

4,716 posts

Posted by 5354_ > 2018-12-26 02:35 | Report Abuse

Weak property sales cloud WCT’s earnings outlook
Read more at https://www.thestar.com.my/business/business-news/2018/12/25/weak-property-sales-cloud-wcts-earnings-outlook/#XDGMiqO6Rt1mgfqe.99

CSS1234

64 posts

Posted by CSS1234 > 2018-12-26 09:36 | Report Abuse

有心人從rm1到rm.69一直推銷此股,要買自己買,不要害人!好消息是外国股已跌到半山,有反弹只是死猫跳。等下个業蹟出才買还不迟。

vinc3nt

407 posts

Posted by vinc3nt > 2018-12-26 13:41 | Report Abuse

guys, its time to sell
24-Dec-2018 Price Target WCT Holdings Bhd - New contract awarded
Source : Rakuten, Price Call : BUY, Price Target : 1.10
Last Price : 0.67, Upside/Downside : +0.43(64.18%)
24-Dec-2018 Price Target PublicInvest Research Headlines - 24 Dec 2018
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.90
Last Price : 0.67, Upside/Downside : +0.23(34.33%)
24-Dec-2018 Price Target WCT Holdings Berhad - Merdeka 118 Shopping Mall Contract
Source : MIDF, Price Call : BUY, Price Target : 1.05
Last Price : 0.67, Upside/Downside : +0.38(56.72%)
24-Dec-2018 Price Target WCT Holdings - Mall Contract Win
Source : KENANGA, Price Call : BUY, Price Target : 1.10
Last Price : 0.67, Upside/Downside : +0.43(64.18%)

5354_

4,716 posts

Posted by 5354_ > 2018-12-26 14:37 | Report Abuse

TP so high why sell? Should buy more.

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-12-26 20:49 | Report Abuse

Epf hari hari tekan, apa macam beri?

Benny1123

117 posts

Posted by Benny1123 > 2018-12-26 22:15 | Report Abuse

Wait for 60 cents...

5354_

4,716 posts

Posted by 5354_ > 2018-12-26 22:19 | Report Abuse

60 sen? Buy other stocks. No1 will sell cheap haha.

vincent27

614 posts

Posted by vincent27 > 2018-12-27 09:22 | Report Abuse

TP cannot believe one, when the share value drop..they will revise the TP price again

Posted by DonaldTrump_ > 2018-12-27 14:56 | Report Abuse

Really? Your PM never tell buy the dips?

Posted by lostoverseas > 2018-12-28 15:40 | Report Abuse

will this stock ever move?

Posted by Smart_invest > 2018-12-28 15:47 | Report Abuse

lollll all construction stock coming dy.... fast in hehe mrcb wct

MengYew

818 posts

Posted by MengYew > 2018-12-28 16:02 | Report Abuse

may close 70 cents for 2018.

Pilotsport

1,064 posts

Posted by Pilotsport > 2018-12-28 17:07 | Report Abuse

Malton gogogo

Posted by lostoverseas > 2018-12-31 11:07 | Report Abuse

seems likes someone wants to keep collecting low.

5354_

4,716 posts

Posted by 5354_ > 2019-01-01 02:25 | Report Abuse

31-Dec-2018 Insider TAN SRI LIM SIEW CHOON (a substantial shareholder) acquired 200,000 shares on 26-Dec-2018.
https://klse.i3investor.com/servlets/stk/9679.jsp

MengYew

818 posts

Posted by MengYew > 2019-01-02 10:15 | Report Abuse

the PNB 118 mall construction commence today. target completion date is 30 months. there should have positive contribution to Q4 revenue should there have initial payment make by PNB before the project kick off.... together with the 2 projects won between July & Sept 18, and assume there is no delay on payment by the paymaster; the revenue for Q4 should be good.

TH ceased from substantial shareholder after their holding transferred to SPV. Wish the turnaround plan give positive impact to the price.

Posted by Lee Yeu Kin > 2019-01-02 16:15 | Report Abuse

MengYew, agreed with you

Posted by agrimineral > 2019-01-03 09:46 | Report Abuse

Agreed

MengYew

818 posts

Posted by MengYew > 2019-01-04 15:06 | Report Abuse

sign of hot monies flowing into constructions stocks....
i have a feel that FMs start hunting in emerging markets after the fall of tech stocks in US.

Posted by lostoverseas > 2019-01-04 15:48 | Report Abuse

agree, market down but many construction stocks are up.

ooibkk23

587 posts

Posted by ooibkk23 > 2019-01-04 19:50 | Report Abuse

Hope so......

foongsiew

16 posts

Posted by foongsiew > 2019-01-04 19:52 |

Post removed.Why?

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