WESTPORTS HOLDINGS BERHAD

KLSE (MYR): WPRTS (5246)

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Last Price

4.42

Today's Change

+0.02 (0.45%)

Day's Change

4.41 - 4.45

Trading Volume

331,600


9 people like this.

2,065 comment(s). Last comment by Brutus 2 weeks ago

tomwah

1,599 posts

Posted by tomwah > 2013-10-18 11:42 | Report Abuse

wait for this aftnoon .4.30pm

messi

1,915 posts

Posted by messi > 2013-10-18 11:45 | Report Abuse

what the tp?

poksue

6 posts

Posted by poksue > 2013-10-18 11:55 | Report Abuse

TP 3.00
TL 2.48

(y)

neemdom

178 posts

Posted by neemdom > 2013-10-18 12:02 | Report Abuse

those got miti shares with bank loan will be selling today

mfbs

1,229 posts

Posted by mfbs > 2013-10-18 12:04 | Report Abuse

gud..sellllll

hybrid2013

448 posts

Posted by hybrid2013 > 2013-10-18 12:06 | Report Abuse

285 soon

mfbs

1,229 posts

Posted by mfbs > 2013-10-18 12:08 | Report Abuse

gudddd

125625wmx

12 posts

Posted by 125625wmx > 2013-10-18 12:14 | Report Abuse

will sell at 3.00

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-18 12:18 | Report Abuse

go go go

mysaham

304 posts

Posted by mysaham > 2013-10-18 12:18 | Report Abuse

2.65 finish. now moving toward 2.70

pari57

439 posts

Posted by pari57 > 2013-10-18 12:21 | Report Abuse

Tan Sri G...buy buy buy...Increase ur stake.

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 12:21 | Report Abuse

babai 2.50...hello 3.00...

rapizan

69 posts

Posted by rapizan > 2013-10-18 12:22 | Report Abuse

fly...

935win

671 posts

Posted by 935win > 2013-10-18 12:25 | Report Abuse

pls not buy!!!

935win

671 posts

Posted by 935win > 2013-10-18 12:29 | Report Abuse

12.26pm one time big buy 14xx lot

ktsk88

5,284 posts

Posted by ktsk88 > 2013-10-18 12:30 | Report Abuse

KWAP/EPF/ASB etc is supporting it...............................how long can it keep on supporting.

ktsk88

5,284 posts

Posted by ktsk88 > 2013-10-18 12:31 | Report Abuse

same pattern like AAX..............when Maybank is supporting b4 it collapsed and never see the daylight again.

hepitrade

5,290 posts

Posted by hepitrade > 2013-10-18 12:35 | Report Abuse

not manage to jump in 2.65

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-10-18 12:43 | Report Abuse

Most MITI investors sold.....


West Port will fly after it break 2.64....This company has billions in Cash...They don't use IPO proceeds for their day to day operation.....IPO proceeds already goes into shareholders pocket Tan Sri G and family, Li Ka Shing , Khazanah etc....A very good investment for mid term....Look at its peers North Port and Bintulu Port...

wt222

1,228 posts

Posted by wt222 > 2013-10-18 12:49 | Report Abuse

This company not bad lah, certainly better than AAX & UMW Oil & Gas...PE is so so (abt 25) but div yield is around 3% and with a Div policy...

Posted by Tang Michael > 2013-10-18 12:49 | Report Abuse

Westport target price 3.50 anytime or year end up

Mars

233 posts

Posted by Mars > 2013-10-18 14:50 | Report Abuse

going up to 2.70, rugi for those sold earlier..

twim

302 posts

Posted by twim > 2013-10-18 15:17 | Report Abuse

its a cruel world...for those tat bot below rm2.62..making money already..
for those tat sold, make less loh...still make..be grateful..
more to come..

mysaham

304 posts

Posted by mysaham > 2013-10-18 15:38 | Report Abuse

2.70 has become resistance for this stock. maybe not today.

125625wmx

12 posts

Posted by 125625wmx > 2013-10-18 16:02 | Report Abuse

patient to sell at TP

riaz

160 posts

Posted by riaz > 2013-10-18 16:06 | Report Abuse

It's not a cruel world..its a free world. Its your choice to buy and sell

tomwah

1,599 posts

Posted by tomwah > 2013-10-18 16:19 | Report Abuse

ppl are selling now .....

tomwah

1,599 posts

Posted by tomwah > 2013-10-18 16:21 | Report Abuse

tjhldg ,,, what you think can buy in now ???

necro

4,726 posts

Posted by necro > 2013-10-18 16:32 | Report Abuse

Beli pon tnya olang!...mental koyak!....go play xox,tms and others penny as they were safe heaven among Malaysian....

=)

twim

302 posts

Posted by twim > 2013-10-18 16:45 | Report Abuse

i wanted to sell at rm2.66 but my remisier say hold say..something is coming up..so wait loh..another week or so..

stock5678

531 posts

Posted by stock5678 > 2013-10-18 16:48 | Report Abuse

something ya, great. Bonus issue? Split?

twim

302 posts

Posted by twim > 2013-10-18 16:58 | Report Abuse

hopefully is great..maybe he is sydicate want to push up...so nice of him ho

mysaham

304 posts

Posted by mysaham > 2013-10-18 17:20 | Report Abuse

look at the buying volume & support. sure will move up. just wait till seller finish selling. maybe another few days.

angkor

451 posts

Posted by angkor > 2013-10-18 17:30 | Report Abuse

wport is for long-term... short-term won't be so great... hold long or sell fast

alex626my

20 posts

Posted by alex626my > 2013-10-18 17:50 | Report Abuse

buy now guy..
buy now..it is the time ..next it will move up..and up..

moven00

728 posts

Posted by moven00 > 2013-10-18 19:03 | Report Abuse

Merepek!!! All the new IPO are over price. That's why not much premium. This will affect other listing like UMW Oil&Gas, Karek @ Condom maker and Caring @ Drug Peddler.

Me putting my money for IPO application? No thanks. Buang Masa.

Lasallian

392 posts

Posted by Lasallian > 2013-10-18 19:26 | Report Abuse

Tahniah kpd geng MITI yg berjaya mendapat keuntungan yg lumayan!!!!

saufi74

804 posts

Posted by saufi74 > 2013-10-18 19:33 | Report Abuse

Lasallian..dpt ke umw o&g? Saye dah jual westport 250k@ 2.70..coz ambik financing...tadi buyback kat trading acc 2.57-58...

lwalk

1,144 posts

Posted by lwalk > 2013-10-18 19:34 | Report Abuse

drug peddler.. hahhaha.. good one

Lasallian

392 posts

Posted by Lasallian > 2013-10-18 19:40 | Report Abuse

Saufi74....Saya jual Westports yg dpt melalui eIPO (60K) dan beli pd harga RM 2.56 (80K) dan jual pd sebelah ptg. Skrg dpt percuma 5K saham Westports (berdasarkan keuntungan hari ini).Mcm susah mau dapat saham UMW O&G ni. Kalau dpt pun maksimum pun hanya 30K. U ada pohon eipo saham ini?

saufi74

804 posts

Posted by saufi74 > 2013-10-18 20:46 | Report Abuse

Saye x apply coz dah ade 384k..cukuplah rasanye..tahniah dpt buat profit...yg buyback belum jual lagi coz member2 broker info westport akan naik dlm mase terdekat..so maybe saye akan hold dulu..

ladzatz

975 posts

Posted by ladzatz > 2013-10-18 23:53 | Report Abuse

Notice of Person Ceasing (29C)

WESTPORTS HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name Khazanah Nasional Berhad
Address Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur.
NRIC/Passport No/Company No. 275505-K
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Date of cessation 16/10/2013
Name & address of registered holder Lankayan Ventures Sdn Bhd
Level 33, Tower 2,
Petronas Twin Towers,
Kuala Lumpur City Centre,
50088 Kuala Lumpur.
Currency Malaysian Ringgit (MYR)
Number of securities disposed 94,936,600
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial securities Holder Khazanah Nasional Berhad ("Khazanah") is deemed to have interest pursuant to Section 6A of the Companies Act, 1965 through its wholly owned subsidiary, Lankayan Ventures Sdn Bhd ("LVSB"), which is a substantial shareholder of Westports Holdings Berhad ("WHB").

Placement of WHB's shares pursuant to Initial Public Offering by WHB resulting in dilution of Khazanah's shareholding in WHB via LVSB from 7.52% to 4.74%.
Nature of interest Indirect Interest
Date of notice 18/10/2013
----
mati 1st day sudah buang 94,936,600 units
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1437881

anbz

5,163 posts

Posted by anbz > 2013-10-19 00:03 | Report Abuse

haha sapa jual sudah untung..but why khazanah sold 94,936,600 units in the first day of listing??? bahaya dikesan bahaya dikesan...khazanah untung atas angin ..gila punya untung...cornerstone investor apa ke jadah macam ni???

8u29song

2,929 posts

Posted by 8u29song > 2013-10-19 00:09 | Report Abuse

how to achieve 30%,
bagi itu tongkat, hari pertama sudah jual !
buat bising sepanjang masa, mahu rezeki yang tanpa usaha aje !

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-10-19 08:09 | Report Abuse

Westports Holdings Bhd's plan for an initial public offering (IPO) was initiated by state investment company Khazanah Nasional Bhd as part of the government's move to push government-linked companies to divest commercial holdings to attract foreign investors and boost stock market liquidity.

"Khazanah has been pushing for an IPO (of Westports) for a long time. They were the ones that initiated the idea or discussions a few years ago. They felt more (Malaysian) companies should be listed (on the local bourse to make the market more vibrant).

Westports founder and executive chairman Tan Sri G. Gnanalingam, who holds 60% (pre-listing) of the port operator through Pembinaan Redzai Sdn Bhd, Dinamik Imbangan Sdn Bhd and Semakin Ajaib Sdn Bhd, initially said no, but softened to the idea early last year.

"After that, Tan Sri G had to convince their partner Hutchinson (Port Holdings Ltd which owns a 32.48% stake in Westports via South Port Investment Holdings Ltd) to list the group, which took a while. That's because west port are one of the few ports in the world where Hutchinson owns less than half of the company. In other locations they have a majority stake.

The company did not find it necessary to issue new shares in its IPO as it is able to raise the money to fund future plans through Islamic bonds (sukuk) or bank borrowings.

"The company can pay out 75% of its earnings as dividend and fund capital expenditure plans going forward without issuing new shares, provided the economy stays as it is.

"Westports' debt-to-equity ratio currently stands at 0.3 times. As such, West Port have the ability to raise more debt. Even then, west port were targeting that the debt-to-equity ratio will not exceed 1 time.

Post-IPO, the Gnanalingam family will remain the largest shareholder in Westports, owning 46.8%, while Khazanah via Lankayan Ventures Sdn Bhd will hold a 4.99% stake from 7.52% currently and Hutchinson 24.36%.

Westports, listed on Oct 18, 2013, sold up to 813.19 million existing shares, or a 23.84% stake, in the company. This comprises an institutional offering of up to 710.89 million shares and 102.3 million to the Malaysian public, eligible employees and directors of Westports and persons who have contributed to the success of the company.

Westports did not receive any proceeds from the sale.The proceeds goes direct to the shareholders pocket.

Today, most of the world's shipping lines call at Port Klang, with 35 main shipping lines calling at Westports.

ktsk88

5,284 posts

Posted by ktsk88 > 2013-10-19 08:50 | Report Abuse

Khazanah Nasional ceasing to be substantial shareholder after disposing their interest in the market. So next week Westport will be doomed.

riaz

160 posts

Posted by riaz > 2013-10-19 09:16 | Report Abuse

Bikin melayu malu saja

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-10-19 09:20 | Report Abuse

Post-IPO, the Gnanalingam family will remain the largest shareholder in Westports, owning 46.8%, while Khazanah via Lankayan Ventures Sdn Bhd will hold a 4.99% stake from 7.52% currently and Hutchinson 24.36%.

moven00

728 posts

Posted by moven00 > 2013-10-19 09:21 | Report Abuse

Khazanah kononnya....
Diaorang dah plan awal2 nak dispose dah tu.
Rosak..

AhJee

467 posts

Posted by AhJee > 2013-10-19 09:26 | Report Abuse

Another way to raise fund for xxx

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