Posted by SANG-JERO > 2013-10-28 14:51 | Report Abuse

Bidders exceed seller...Guess who?

Posted by Jelita Intrend > 2013-10-28 14:54 | Report Abuse

Sang-Ruben

Posted by SANG-JERO > 2013-10-28 14:57 | Report Abuse

Jelita Intrend...ha..ha.....Corporate Investors have start bidding....All the best...cheers...

Posted by myshare > 2013-10-28 15:02 | Report Abuse

Go mybaby go

Posted by myshare > 2013-10-28 15:05 | Report Abuse

I'll let u go when u r at 3.50 and come back to papa when u r down...

Posted by tjhldog > 2013-10-28 16:35 | Report Abuse

vol not befitting of institutional buying

Posted by sundar63 > 2013-10-28 16:37 | Report Abuse

EVEL TP 3.50 ...aa..hahaha..mimpilah..maybe RM2..or lower I buy ...

Posted by EVEL > 2013-10-28 16:46 | Report Abuse

SANG-JERO already clarified.nvm mimpi free wat

Posted by mbge7clt > 2013-10-28 16:59 | Report Abuse

1 cent at a time... lets go.

Posted by mbge7clt > 2013-10-28 17:42 | Report Abuse

bro and sis, any comments on today's performance or any news .. tq

Posted by mbge7clt > 2013-10-28 17:53 | Report Abuse

sellers@2.55 still a lot!

Posted by anbz > 2013-10-28 17:54 | Report Abuse

wait for 46 days more of transactions...then will become RM 3...if increases by 1 cents everyday
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good lag

Posted by Jelita Intrend > 2013-10-28 18:09 | Report Abuse

Westport graf is like my heart beat already..

Posted by ruslimz > 2013-10-28 18:43 | Report Abuse

NCB's profit slump by 60%

Posted by kobar > 2013-10-28 19:02 | Report Abuse

Wait for westport financial report

Posted by Muadzam Muzafar > 2013-10-28 19:06 | Report Abuse

when is the report out,Mr. Kobar

Posted by SANG-JERO > 2013-10-28 21:18 | Report Abuse

Hold west port .........if you want to make money.........Don't cry if you already sold.........Last Friday was the beginning.........uptrend.......let's see what happen tomorrow onwards..........you can ignore my statement if you don't agree......cheers...

Posted by candygirls > 2013-10-28 23:05 | Report Abuse

too much still bulls

Posted by saddiqsepakraga > 2013-10-28 23:58 | Report Abuse

what are still bulls?...bull kena hypnotised ka? hehe...but if stale bulls...how come?....this is a newly listed stock!!

Posted by bennike129 > 2013-10-29 08:24 | Report Abuse

long term baby

Posted by metroview > 2013-10-29 08:57 | Report Abuse

real issue here was whether CMA CGM had any real intention of switching its hub from Port Klang.

Posted by mcd123 > 2013-10-29 09:02 | Report Abuse

CMA CGM is not moving anywhere.JUst testing water to get Westport to counter & reduced their rate.

Posted by mbge7clt > 2013-10-29 09:16 | Report Abuse

but heard Westport rate already the lowest. will NCB result affect Westport? maybe they should jz merge since PNB is the common shareholder.

Posted by mbge7clt > 2013-10-29 09:31 | Report Abuse

1 cent at a time

Posted by SANG-JERO > 2013-10-29 09:39 | Report Abuse

KUALA LUMPUR: Westports Holdings Bhd chief executive officer Ruben Emir Gnanalingam is hoping to be able to make up for a potential loss of container volume after his biggest customer - the CMA CGM shipping line - said it intends to reroute some of its ships away from Port Klang starting next year, barely a week after the port operator went public.

Ruben said he personally believed the market had over-reacted to the news.

“I just want people to understand that the decrease in vessel calls does not equate to a decrease in volume.

“We could just strategise to increase the volume per call to mitigate this impact, which I expect to be very minimal and immaterial,’’ he told StarBiz.

Shares in Westports, the container handler at Port Klang, climbed one sen to RM2.54 on a volume of 8.997 million shares.

The company sold it shares to the public at RM2.50 and was listed on Bursa Malaysia on Oct 18.

The stock was traded to as high as RM2.71 on its debut, but was immediately put under pressure after CMA CGM announced that it would reroute some of its ships from next year onwards.

Ruben explained that the real issue here was whether CMA CGM had any real intention of switching its hub from Port Klang.

“From our discussions with them so far, they still prefer Port Klang to be their hub,” he said.

“And if approved, the P3 service would only be implemented in the middle of next year. So, we have ample time to plan for volume growth,” he said.

The P3 service routing represents an operational alliance between the CMA CGM Group, Maersk Line and Mediterranean Shipping Co, which is subject to various regulatory approvals being obtained.

The P3 service routing as announced by the CMA CGM Group, if implemented, would result in a revision in port calls.

Port Klang currently has 10 services out of the 30 plied by these lines on the Asia-Europe/Mediterranean trade lanes.

Following the implementation of the P3 service routing, Port Klang would have six services of the 26 being proposed for the Asia-Europe/Mediterranean trade lanes.

Ruben also stressed that besides the volume of P3 service, CMA CGM also had a lot of non-P3 volume coming in to Port Klang.

He said that CMA CGM contributed about 2.4 million boxes a year from its total of 6.9 million twenty-foot equivalent units as of last year.

Furthermore, Ruben said the main services for the planned P3 routing included the Asia-Europe trade, which was not part of the fastest-growing segments in the shipping industry currently.

“The fastest-growing segments now are the Asia-Africa, intra-Asia and Australia services,” he pointed out.

Westports’ other main customers include China Shipping, United Arab Shipping Company and Gold Star.

Ruben anticipates the outlook for Westports to be still bright with the completion of container terminal six that is being fully utilised now.

Posted by KIMI06 > 2013-10-29 09:52 | Report Abuse

buy...buy ...buy...

Posted by rex233 > 2013-10-29 09:53 | Report Abuse

price very fast will shoot up.....

Posted by Jelita Intrend > 2013-10-29 09:54 | Report Abuse

see i told u Sang-Jero is Ruben, hehe

Posted by mbge7clt > 2013-10-29 09:57 | Report Abuse

thanks for sharing sang jero.. this is what u meant yesterday by ruben mtg with fund mgr ..

Posted by mbge7clt > 2013-10-29 09:59 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/10/29/Westports-No-need-for-SOS-Company-says-market-overreacted-to-CMA-CGM-news.aspx

Posted by kobar > 2013-10-29 10:22 | Report Abuse

I think will move slowly this port after ceo press statement

Posted by SANG-JERO > 2013-10-29 10:23 | Report Abuse

Guys...I was informed by my sources (can't reveal who)...that cornerstone and foreign investors are very happy with Ruben's explanation during the meeting yesterday...They actually start bidding after the meeting yesterday....This morning one cornerstone investor sapu 500k at 2.54....Foreign investors and cornerstone are flocking and bidding at westport counter now........and more good news to come...HOLD or ACCUMULATE...Good Luck to all...cheers..

Posted by kenken85 > 2013-10-29 10:48 | Report Abuse

really one day one cent..then will be good. haha

Posted by kobar > 2013-10-29 10:50 | Report Abuse

http://klse.i3investor.com/blogs/nexttrade/39472.jsp Northport losing out to westports

Posted by HC Lee > 2013-10-29 11:12 | Report Abuse

i think today shd be better ...up 2 cents. Slow and staedy win the race...he he.

Posted by mbge7clt > 2013-10-29 11:27 | Report Abuse

great

Posted by pd57 > 2013-10-29 11:54 | Report Abuse

overpriced IPO. I will bid at Rm 2.20 only.

Posted by sundar63 > 2013-10-29 12:04 | Report Abuse

Sang Jero..kata tak der kabel..tiba2 dari mana datang "sources"?

Posted by necro > 2013-10-29 12:32 | Report Abuse

Dari isnin dah nmpk dia terkeluar dr jengahan slumping...kita tgu dulu mau tutup 2.56 or above tak next to come 2.60 la...

Posted by SANG-JERO > 2013-10-29 14:04 | Report Abuse

There was a quick kiss at 2.56.....

Posted by mbge7clt > 2013-10-29 14:06 | Report Abuse

excellent. lets hope momentum strong enough to carry over 2.56.

Posted by mbge7clt > 2013-10-29 14:18 | Report Abuse

new fund from PNB ASB2, maybe they will collect Westport since it is a dividend stock and strong FA..

Posted by SANG-JERO > 2013-10-29 14:22 | Report Abuse

New Funds from all cornerstone plus foreign investors....WestPort will get stronger from day to day...Just sit back and watch it grow...cheers...

Posted by mbge7clt > 2013-10-29 14:27 | Report Abuse

cheers!

Posted by Icon8888 > 2013-10-29 14:57 | Report Abuse

more than 1 cent

Posted by kobar > 2013-10-29 14:58 | Report Abuse

1 day 1 cent ok for me. Hehe

Posted by Icon8888 > 2013-10-29 15:01 | Report Abuse

thanks Sang Jero, without you we would have all rushed to dump our shares already

Posted by SANG-JERO > 2013-10-29 15:11 | Report Abuse

icon8888...No problem bro.....my pleasure for our benefit...cheers..

Posted by necro > 2013-10-29 15:18 | Report Abuse

I bet today nice hammer form....if close precisely at RM2.56...

Posted by myshare > 2013-10-29 15:39 | Report Abuse

Sang jero, u r my hero. I m ever ready to dump at 3.50, no more no less..the question is WHEN..