When it changed name WIDAD then move to main board EPH khazanah PNB LTH Amanah will start to buy in... Those institution lose big. They need to find some shelter
6) Profit margin from construction and IFM around 14%+ which is higher than usual construction sector of 8%
7) Tan Sri Ikhmal shows great leadership and entrepenuership with diversified buisness ranging from water sewage treatment , college , construction, property management, air conditioning system, civil engineering work , piling and etc.
8) Owe 64.46% of Dataprp(8338) which recently get 14.2m from RHB. Widad buy it with 16 sen ( Paper profit around 46%)
9) 2016 cash and balance as Rm31m
10) Revenue increases 106% or 115m
11)RM 500m project for National Palace until 2020 ( IFM project)
12) IFM to grow to 4.95billion or CAGR 8.1%
13) 2016 Net asset around 250m
14) Tan Sri Ikhmal hold around 73% and first company in Malaysia to promise to hold share for 6 months from date of listing After that only can sell or trade but need to maintain 45%. After 12 months still need to hold 1/3 . This shows Tan Sri Ikhmal is very confident for his company. 13/11/2018 06:10
I think Widad is best result in KLSE this quarter. Too bad this counter is low profile. Nobody know about Widad so maybe is difficult to push share price up
Take not that there is one 7.1m reverse listing expense for WIDAD. orelse more superb . But overall i found the result is really good and awesome. Thumb up for widad management. They have super strong BOD now with chairman from SC and charman of BDO...
Please do more homework .Nowadays is very hard to find this type of germ
The Group is optimistic of delivering commendable performance in the current financial year ending 31 December 2018 as it continues to implement its ongoing projects. Additionally, the Group secured several new projects worth RM93 million, including Project Perumahan Penjawat Awam 1 Malaysia with a final sum value of RM71 million, and is also actively participating in tenders from the public and private sectors.
For the current quarter and year-to-date, the Group had to charge a one-off reverse acquisition expenses of RM1.56 million and RM7.11 million respectively to its consolidated statement of profit or loss and other comprehensive income. If not due to these expenses, the Group will record a profit before taxation of RM11.25 million and RM28.79 million for current period and year-to-date respectively.
Which part u referring to? I read the report a few times already, even asked my auditor friend to have a look, the nta is really low. I bought many shares too, I'm as disappointed as everyone. Fml for buying ija.
So far this company making good profits , as they are in the midst of restructuring , the stock will perform better in upcoming months. Can hold for long terms.
I checked from the graph it goreng from 0.225 to 0.285 then throws directly from 0.385 to 0.225 within 1 week. now from 0.23 to 0.325 then 1 day from 0.325 to 0.285... This lj company. hope it can bankrupt.
Circumstances by reason of which change has occurred Acquisition of shares via open market. Nature of interest Direct Interest Direct (units) 20,726,800 Direct (%) 0.844 Indirect/deemed interest (units) 1,782,608,695 Indirect/deemed interest (%) 72.622 Total no of securities after change 1,803,335,495 Date of notice 07 Dec 2018 Date notice received by Listed Issuer 07 Dec 2018
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paperplane
21,691 posts
Posted by paperplane > 2018-11-29 17:53 | Report Abuse
CONGRAT all, SUPERB as expected