Posted by Good123 > 2020-08-10 15:47 | Report Abuse

price is expected to stabilise after today :)

Posted by Good123 > 2020-08-10 15:53 | Report Abuse

HSR postponed to December 2020?While it is still too early to try and pin point the potential work package winners, HLIB Research expected the usual active construction players such as IJM, Sunway Construction, WCT Holdings Bhd, Gabungan AQRS Bhd, TRC Synergy Bhd, Ahmad Zaki Resources Bhd, Mudajaya Group Bhd, MRCB and Gadang Holdings Bhd to actively bid for a slice of the pie.

“The revival of HSR would serve as a rerating catalyst for the sector. We are likely to turn bullish should anything more concrete regarding the project turn up.

Posted by Good123 > 2020-08-10 16:17 | Report Abuse



The National House Buyers' Association honourary secretary-general Datuk Chang Kim Loong

KUALA LUMPUR: The National House Buyers Association (HBA) is asking the government to consider granting an income tax ‘wholesome’ waiver or a reduction of 50 per cent for the first RM100,000 of chargeable income tax for the next two years.

The suggested amount is used as it is the threshold to receive the RM30 e-wallet in Budget 2020 and RM50 under the ePenjana initiatives.

HBA honorary secretary-general Datuk Chang Kim Loong said based on the chargeable income of RM100,000 and the tax rate for 2020, the income tax payable is RM10,900 or about RM908 per month.

"Our proposal for a 50 per cent tax reduction/waiver will translate into annual tax savings of RM5,450 or additional disposable income of RM454 per month which will greatly add to the monthly cash flow and result in a boost to retail spending and uplift the economy," he told Bernama.

However, he explained the 50 per cent income tax reduction should not be restricted to those earning below RM100,000 but applicable the first RM100,000, meaning anyone earning more than RM100,000 would also be able to enjoy this proposed temporary tax reduction/waiver.

"Many people who supposedly earn more than RM100,000 a year are just salaried employees who are in the 'sandwich' group, supporting elderly parents and young children, and consider themselves to still be in the 'middle income' group although they may fall under the so-called Medium 40 (M40) group or even Top 20 (T20) group," said Chang.

Noting that the COVID-19 pandemic not only impacted the Bottom 40 (B40) income group, he said the proposal is not asking the government to provide 'handouts' or cash assistance but instead acknowledged that the middle-income segment is also affected by the post-COVID-19, which it hopes the government could give a temporary tax relief during this difficult period.

"As we do not have the inside knowledge of the breakdown of the personal income tax collection, we cannot ascertain the full impact of the proposed tax exemption. "However, assuming that this tax exemption will result in a fall of up to 50 per cent in personal income tax collection, we believe that the actual fall would be much less than 50 per cent," said Chang.

The drop of up to a maximum of 50 per cent would amount to revenue loss of about 6.7 per cent which seems manageable as the money would be injected back into the local economy, and possibly generate more economic activities which can offset the reduction in government revenue.

He said there would definitely be a multiplier effect when the monies from the tax relief are being injected back into the economy through spending and can expedite the country's economic recovery.

Similarly, Chang said the expense that companies cannot afford to reduce is the corporate income tax, hoping that the government should also consider giving tax reliefs to small and medium enterprises (SMEs).

Chang said companies could reduce headcount to cut cost but they have to also pay corporate income tax so long as these companies record a taxable profit. SMEs are currently taxed at 17 per cent for the first RM600,000 in taxable income and the balance at 24 per cent.

"The government could consider giving a 100 per cent tax relief on the first RM1.0 million in taxable income and the balance to be taxed at 24 per cent for the next three years.

"However, this tax relief should come with some strings attached which is, the said SME should not retrench any local employees during the tax relief period," he added.

Meanwhile, Chang opined that the government must also push ahead with the implementation and execution of the digital tax as more and more businesses move to online strategy to cut cost and also due to COVID-19.

Technology giants have been known to use various innovative methods as they move their goods and services worldwide in order to avoid paying tax.

"The government must ensure that all providers of online goods and services that are used by consumers in Malaysia pay the required taxes so that the government does not lose out on much-needed revenue during these challenging times.

"Banks had given a six-month loan repayment moratorium to their borrowers to help ease the burden of COVID-19 and we are urging the government to also show some compassion across the board to ease the people's suffering by granting a temporary tax (income) holiday,” he added.

For 2019, corporate income tax amounted to 26.9 per cent of the federal government revenue; granting a tax relief could result in loss of revenue of about 8.1 per cent, which is slightly more compared to the personal income tax relief of 6.7 per cent.

HBA is a non-governmental and not-for-profit organisation manned wholly by volunteers. -- Bernama

Posted by Good123 > 2020-08-10 16:20 | Report Abuse

last minute chase for share Dividend? Hari terakhir

Posted by Good123 > 2020-08-10 16:22 | Report Abuse

Yang mau Jual Dah Jual, pulih kembali :)

Posted by Good123 > 2020-08-10 16:24 | Report Abuse

suddenly purchase surged good sign

Posted by Good123 > 2020-08-10 16:26 | Report Abuse

expecting some actios from Desmond lim

Posted by Good123 > 2020-08-10 16:33 | Report Abuse

fight back Dah start

Posted by Good123 > 2020-08-10 16:33 | Report Abuse

above 42 Sen is very likely

Posted by Good123 > 2020-08-10 16:36 | Report Abuse

1mil shares traded at 42sen already. suddenly uptrend

Posted by Good123 > 2020-08-10 16:42 | Report Abuse

aggressive 5000 lots at 42sen per transaction pun ada

Posted by Good123 > 2020-08-10 16:54 | Report Abuse

fight back from 40.5 to close at 42sen . more action tomorrow probably.

Posted by Good123 > 2020-08-10 16:58 | Report Abuse

WCT? boleh? :) The economy has been in bad shape since the Covid-19 outbreak, with many losing their jobs or having to take a pay cut. Businesses are grappling with the challenging business environment, with quite a number forced to shut down.

But for another group of people, times are crazy good. They don’t have to worry about their livelihoods or being retrenched. All they have to do is to monitor the stock market and put in their orders daily. If they are lucky, they can make a few thousand ringgit in just a few minutes.

This is something we haven’t experienced for years. Opportunities appear to be everywhere given the soaring market liquidity, and trading volumes which have reached stratospheric levels seem to be defying gravity.

The stock market seems ripe for the picking — provided you have some investment capital.

An investor shared on an investment blog that he had raked in over RM100,000 in the current glove rally. Wow! What a wonderful fortune!

A friend bought into all the eight glove counters — why stop at one when you can buy all eight — and has earned the equivalent of a few months’ salary.

Apart from the eight stocks — Top Glove Corp Bhd, Supermax Corp Bhd, Hartalega Holdings Bhd, Kossan Rubber Industries Bhd, Rubberex Corp (M) Bhd, Careplus Group Bhd, Comfort Gloves Bhd and Adventa Bhd — other healthcare or Covid-19-related counters are also rocketing to higher and higher peaks.

The most asked question this week is, which stocks will hit limit up (again) next?

Many investors pay a huge sum of money to attend share trading courses, but can we apply the lessons to the current market condition? Yes and no.

Stocks can act crazy and go beyond fundamentals by a long shot. You have to admit that in certain cases, fundamental analysis (to determine whether a stock is overvalued or undervalued) is no longer applicable.

Instead, market psychology and buying momentum are key. A stock will remain “dead” if there is no strong support from the so-called big funds.

Most of the time — particularly when the market is so heated like the present — retail investors take the lead from the funds and merely follow suit. A bit like sheep perhaps, but for now, wealthier than those sitting on the sidelines.

More hesitant investors fear a trap, as the bull will only run if the big funds continue to participate in the race.

Of course, it won’t be a “smooth sailing” rally as small and big corrections will happen along the way and prompt investors to sell their shares on fears that a downturn has started.

In other words, expect your confidence in your shareholdings to be tested.

In this unusual market, you would also have noticed that the investment mantra of “buy low, sell high” no longer applies as it has been replaced by “buy high and sell higher” — at least in the healthcare and technology sectors, where the mania has continued unabated.

In the end, it is just about the right timing, strategy and tactic. Pick a few stocks for daily monitoring and try to track their movements for hints of the next direction.

Given low interest rates and ample liquidity, investor interest in the stock market is likely to remain elevated.

While we all know it is a game of musical chairs, some of us just can’t resist the temptation. Fingers crossed, the vibrant market will remain vibrant for a long while, if not forever. Good luck and every success in the stock market!

Disclaimer: Past performance is not indicative of future results. Make sure you have done your risk assessment before clicking “buy”.

Posted by Good123 > 2020-08-10 17:11 | Report Abuse

better for wct to buyback more shares like apple :) Apple borrows on the cheap to fund buybacks, dividends - Reuters

4 May 2020 · The funds will go toward general corporate purposes, including share repurchases and dividend payments, Apple said in a regulatory filing. During the six months ended March 28, Apple spent $38.5 billion to repurchase its own stock

Posted by Good123 > 2020-08-10 18:27 | Report Abuse

rumour atau betul, Eddie chai patung Desmond lim? :)

Oversea Enterprise Bhd was the subject of a takeover from Datuk Chai Woon Chet, the managing director and a substantial shareholder of Anzo Holdings Bhd after he acquired 63.37% of the Chinese restaurant operator at 30 sen per share.

Interestingly, a day before the takeover was announced, an English daily reported that Oversea could see the entry of tycoon Tan Sri Desmond Lim, who is said to be on the lookout for attractive assets, such as the food

Posted by Good123 > 2020-08-10 19:13 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)

WCT HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

NameTAN SRI LIM SIEW CHOONDescriptions(Class)Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of transaction

Nature of Interest

1

10/08/2020

500,000

Acquired

Direct Interest

Name of registered holderTan Sri Lim Siew ChoonDescription of "Others" Type of TransactionConsideration (if any)
Circumstances by reason of which change has occurredPurchase of shares in open marketNature of interestDirect Interest

Total no of securities after change

Direct (units)94,759,146Direct (%)6.790Indirect/deemed interest (units)252,151,827Indirect/deemed interest (%)18.060Date of notice10/08/2020Date notice received by Listed Issuer10/08/2020


Remarks :This announcement also serves as an announcement made pursuant to Paragraph 14.08 of the Main Market Listing Requirements.


Announcement Info

Company NameWCT HOLDINGS BERHADStock NameWCTDate Announced10 Aug 2020CategoryChanges in Director's Interest Pursuant to Section 219 of CA 2016Reference NumberCS4-24072020-00045

Posted by Good123 > 2020-08-10 19:35 | Report Abuse

good networks in the middle East.Desmond Lim and Qatar Investment Authority pump in RM684 mil to help develop Pavilion Bukit Jalil Mall

Justin Lim

/

theedgemarkets.com


May 29, 2019 07:00 am 08

Posted by Good123 > 2020-08-10 19:43 | Report Abuse

hope it will happen :) Sources say following the injection of WCT’s malls into Pavilion REIT, the next step could be to streamline Malton’s construction business into WCT, which is far larger and has an established track record.

Posted by Good123 > 2020-08-10 19:48 | Report Abuse

injecting the few malls into pavreits is faster than spinning off via another new REIT. reducing gearing for wct could boost its share price

Posted by Victor Yong > 2020-08-10 21:46 | Report Abuse

It seems greatly undervalued. :)

High Order Book to Sustain Operations
WCT secured RM1.2bn in new contracts in 1Q20, mainly contributed by the Pavilion Damansara Heights Phase 2 project. This lifted its remaining order book to RM6bn, equivalent to 4.8x of 2019 construction revenue. WCT achieved property sales of RM120m in 1Q20 with the continued focus to clear its inventories. Unbilled sales of RM177m and unsold completed stock of RM742m will likely sustain its property development activity but the property market remains challenging due to weak buyer sentiment. We reduce our RNAV/share estimate to RM1.35 from RM1.50 previously to reflect a lower construction segment valuation. Applying the same 40% discount to RNAV, we cut our 12-month TP to RM0.54 from RM0.60. Maintain HOLD

Source: Affin Hwang Research - 29 Jun 2020

Posted by Victor Yong > 2020-08-10 22:02 | Report Abuse

I believe the correction in the share price provides an opportunity to accumulate the stock, let's see tomorrow, what is next after the ex-date of the share dividend :)

Posted by Good123 > 2020-08-10 23:22 | Report Abuse

if not mistaken, WCT Holdings Berhad does have institutional investors; and they hold ~ 30% of the stock. This can indicate that the company has a certain degree of credibility in the investment community.

Posted by Good123 > 2020-08-10 23:26 | Report Abuse

Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Posted by khatulistiwa1234 > 2020-08-11 06:05 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-08-11 06:05 |

Post removed.Why?

Posted by Good123 > 2020-08-11 07:30 | Report Abuse

TAN SRI DESMOND LIM SIEW CHOON

3 Feb 2018 · 27 TAN SRI DESMOND LIM SIEW CHOON ... His wife, Tan Kewi Yong, is the sister of Malaysian tycoon Tan Sri Robert Tan Hua Choon.

Posted by Good123 > 2020-08-11 07:31 | Report Abuse

Robert Tan's associates surface in CIC | The Edge Markets

AT LEAST two individuals with clear ties to corporate player Tan Sri Robert Tan ... Desmond Lim Siew Choon, who is married to Puan Sri Cindy Tan Kewi Yoon, .

Posted by 000698 > 2020-08-11 07:35 | Report Abuse

Tan Sri Jeffrey Cheah (Sunway boss) is also buy and his full name is Cheah Fook Ling on the number 7.

7. Cheah Fook Ling 32,185,276 2.31

Just wonder why so many Tan Sri invest on this counter.

Posted by Good123 > 2020-08-11 07:36 | Report Abuse

next month is already sept :) KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.50% by as early as its next Monetary Policy Committee (MPC) meeting in September.

The central bank yesterday announced it had cut the OPR by 25bps to 1.75% to provide additional policy stimulus to accelerate the pace of economic recovery, and will continue to assess evolving conditions and utilise its policy levers as appropriate to create enabling conditions for a sustainable economic recovery.

Posted by Good123 > 2020-08-11 07:44 | Report Abuse

continued

15. Cartaban Nominees (Tempatan) Sdn Bhd
(PAMB for Prulink Equity Fund)
15,468,824 1.11
16. AmanahRaya Trustees Berhad
(Public Islamic Select Treasures Fund)
15,457,224 1.11
17. Goh Chin Liong 14,653,471 1.05
18. Tan Yu Yeh 14,060,000 1.01
19. HSBC Nominees (Asing) Sdn Bhd
(JPMCB NA for Vanguard Emerging Markets Stock Index Fund)
13,422,399 0.96
20. Citigroup Nominees (Tempatan) Sdn Bhd
(Great Eastern Life Assurance (Malaysia) Berhad (Leef))
12,414,012 0.89
21. Citigroup Nominees (Tempatan) Sdn Bhd
(Great Eastern Life Assurance (Malaysia) Berhad (LPF))
11,969,102 0.86
22. Cartaban Nominees (Asing) Sdn Bhd
(Exempt AN for State Street Bank

Posted by Good123 > 2020-08-11 07:48 | Report Abuse

15. Cartaban Nominees (Tempatan) Sdn Bhd
(PAMB for Prulink Equity Fund)
15,468,824 1.11
16. AmanahRaya Trustees Berhad
(Public Islamic Select Treasures Fund)
15,457,224 1.11
17. Goh Chin Liong 14,653,471 1.05
18. Tan Yu Yeh 14,060,000 1.01
19. HSBC Nominees (Asing) Sdn Bhd
(JPMCB NA for Vanguard Emerging Markets Stock Index Fund)
13,422,399 0.96
20. Citigroup Nominees (Tempatan) Sdn Bhd
(Great Eastern Life Assurance (Malaysia) Berhad (Leef))
12,414,012 0.89
21. Citigroup Nominees (Tempatan) Sdn Bhd
(Great Eastern Life Assurance (Malaysia) Berhad (LPF))
11,969,102 0.86
22. Cartaban Nominees (Asing) Sdn Bhd
(Exempt AN for State Street Bank

Posted by Good123 > 2020-08-11 07:50 | Report Abuse

Tan Sri Lim Siew Choon 83,065,146 5.95 252,151,827 18.06%
Legacy Pacific Limited 252,151,827 18.06%
Dominion Nexus Sdn Bhd 252,151,827 18.06%
AmanahRaya Trustees Berhad
Skim Amanah Saham Bumiputera 80,881,625 5.79%

Posted by Good123 > 2020-08-11 07:53 | Report Abuse

ESSENTIALLY, all of the 1.2 million sq ft of office space spread across nine corporate towers in the ongoing multibillion-ringgit Pavilion Damansara Heights development in Kuala Lumpur is believed to have been fully taken up. This underscores the robust demand for property offered by popular brands at strategic locations, the glut in commercial property notwithstanding.

The offices form part of the Pavilion Damansara Heights integrated development, which also comprises a retail mall and luxury residences. The project is being undertaken by Tan Sri Desmond Lim Siew Choon’s Pavilion Group in partnership with the Canada Pension Plan Investment Board. Developer Impian Ekspresi Sdn Bhd is the vehicle for the 51:49 joint venture.

Datuk Tracey Lai, director of sales and marketing for 1 Pavilion Property Consultancy — the marketing arm for the project — declined comment when contacted.

Nevertheless, a source says only one floor of a strata office block, measuring about 10,000 sq ft, is currently still available for sale.

When The Edge made a telephone call to Pavilion Sales Gallery to enquire if there was any office space for sale, it was told, “All units have been sold.”

Posted by Good123 > 2020-08-11 08:02 | Report Abuse

should sell all these malls to pav reits instead of a new reits :)



Starting operations in 2012, the 7-storey Paradigm Mall PJ is the second mall project developed by WCT.

The mall is managed by WCT Malls Management Sdn Bhd, a subsidiary of WCT Holdings Bhd, which also manages other malls including Bukit Tinggi Shopping Centre in Klang, gateway @klia2 airport mall, Paradigm Mall Johor Bahru and Subang Skypark.

Posted by Good123 > 2020-08-11 08:08 | Report Abuse

tak jadi dulu, boleh berlaku tahun ini atau Jual je kepada pay reits? :)


WCT to list REIT in mid-2018, may inject Paradigm Mall JB

27 October 2017

WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).

In addition, Affin Hwang IB said WCT may consider injecting its fourth and latest mall — Paradigm Mall Johor Bahru — into the REIT "if the mall does well after opening", which is slated to be on Nov 28.

"This could potentially double the total asset size of the REIT to RM2 billion," Affin Hwang IB analyst Loong Chee Wei said in a note to clients today, which was issued after the investment bank hosted WCT for a 1.5-day roadshow in Singapore recently.

Currently, Affin Hwang IB said WCT has secured tenants that are covering 83% of the total net lettable area, which according to its website, spanned a sprawling 1.3 million sq ft.

Built over 13 acres of freehold land, the latest Paradigm Mall Johor Bahru features 20,000 sq ft of indoor ice-skating rink and 35,000 sq ft of gourmet supermarket, together with over 4,200 of parking bays.

Besides Paradigm Johor Bahru, WCT also operates three other shopping malls: Gateway@klia2 in Sepang, Paradigm Mall Petaling Jaya, and Bukit Tinggi Shopping Centre in Klang.
(Ada skypark juga sekarang :) )

Posted by Good123 > 2020-08-11 08:38 | Report Abuse

Robert tan and the Macau billionaire could sapu wct shares from the open market, Murah now. then only announce corporate exerciseand if any :)

Posted by Good123 > 2020-08-11 08:42 | Report Abuse

As the market is getting overheated, any corporate exercise could easily drive up share prices.

Posted by khatulistiwa1234 > 2020-08-11 13:21 | Report Abuse

I smell the DELICIOUS .

Posted by khatulistiwa1234 > 2020-08-11 13:21 | Report Abuse

LIMIT UP .

Posted by Sharefisher > 2020-08-11 13:23 | Report Abuse

Promotion no use... ICU is for wct... Lol..

Posted by khatulistiwa1234 > 2020-08-11 13:29 | Report Abuse

salt fish breath on, always believe on weird , magic hand , they is appear .

Posted by khatulistiwa1234 > 2020-08-11 13:31 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-08-11 13:32 | Report Abuse

Fair price still 1.60 , my target price .

Posted by Sharefisher > 2020-08-11 15:32 | Report Abuse

回光返照！

Posted by khatulistiwa1234 > 2020-08-11 15:42 | Report Abuse

My leak source say , close 0.55 today , LIM show hand .

Posted by Sharefisher > 2020-08-11 16:19 | Report Abuse

Lol....... ICU....

Posted by unomi12 > 2020-08-11 16:50 | Report Abuse

the boss keep buying the share. just collected 0.425.

Maybe good result coming soon. collect first :)

Posted by tamp0i > 2020-08-11 17:12 | Report Abuse

Good to see you here Khatu... Hope this counter will get back to it's feet again

Posted by khatulistiwa1234 > 2020-08-11 18:08 | Report Abuse

HAI Tampoi , i miss you , time for me to get insane again , meet you MAD WAD , this stock will make me soon turn crazy , insane even serious mental retarded , full catastrophe .........UP TREND .

Posted by khatulistiwa1234 > 2020-08-11 18:30 | Report Abuse

I see TAN SRI LIM is with MACAU BIG GIANT having dinner at PAVILLION OVERSEA RESTUARANT , new is spread off , WCT future fate on TRIPLE TIME DOUBLE UP foreseen .