Posted by azlan88 > 2014-02-15 21:46 | Report Abuse

I have grown impatient with Wprts. All is not well since the listing.

Overpriced IPO price of RM2.50 instead of below RM 2.00. Net asset/share is only worth RM0.47. Declared 5.22 cent dividend, while the owners enjoyed 35 cents of dividend before IPO. That is 7 Quarters worth of dividends!

Plus the owner sold their own shares and netted more almost 1 billion. Institutional investors like PNB and EPF had first hand info regarding the IPO and they don't subscribed. We, as the retail investors does not have that privilege. MITI investors even worse, they even don't have chance to see the prospectus before making payment for shares offered.

Some may see Westport as dividend-play stocks. But the way they handle the P3 alliance news after it came out 1 day after listing is horrible.

Posted by LATO' > 2014-02-15 22:00 | Report Abuse

Mengarut share ni

Posted by cloud > 2014-02-15 23:03 | Report Abuse

South Port Investment Holdings Limited, Hutchison Port Holdings Limited, Hutchison Whampoa Limited, Wide Ocean Limited, Pacific Port Investment Holdings Limited
- all did a bulk soldoff of share on october after ipo listed on september

digusting share! like a no integrity company, like they knew p3 alliance ahead and we are the one to filled in for them to take off

Posted by moven00 > 2014-02-15 23:23 | Report Abuse

What else to say? Apa lagi Lu mau cerita?
Duit mereka Sudah ambik. SC pun buat-buat tak nampak & approved this overprice listing.

Posted by azlan88 > 2014-02-16 10:26 | Report Abuse

Astro pun sampai sekarang struggle nak break 3.00. same story. AK took out money 1st before listing, and list for overpriced IPO.

Posted by ponpon > 2014-02-16 19:39 | Report Abuse

kalingam and his sons are bunch of crooks..

Anaconda Krisnan,AK Natang,Kalingam, Tony Syphlis all kaki auta..

next time, don't ever apply IPOs from these ppl that I have just listed..

notice the similarities? hehehe

Posted by powerwk > 2014-02-16 23:10 | Report Abuse

Thanks ponpon! Very obvious similarities....

Posted by powerwk > 2014-02-17 07:01 | Report Abuse

Does Li Ka Shing still holding substantial WESTPORTS share? Or he actually not even a share holder in WESTPORTS?

Sorry I may not did my own study but would like to get quick answer from the expert here :-)

Posted by Icon8888 > 2014-02-17 07:07 | Report Abuse

He is there. But reduced by 5% (around that). Still about 25%

Posted by Icon8888 > 2014-02-17 15:41 | Report Abuse

it looked like there is a re-rating

Posted by Icon8888 > 2014-02-17 15:41 | Report Abuse

can see there is some active buying

Posted by saufi74 > 2014-02-17 17:07 | Report Abuse

Just be patience..cheers..

Posted by MSTrader > 2014-02-17 19:48 | Report Abuse

buy b4 late..diff case compared to astrok..Wprts secured and approved for the extension.good div..

Posted by powerwk > 2014-02-17 19:54 | Report Abuse

It take time for people to start believe and confidence with this counter again. Not sure how long it going to take :-)

After a quick study of this counter. Take away the p3 and other past issues. Their business look good to me; balance sheet and cash flow also look promising. Well that could be fake but that the only information we can get publicly.

It need to first move back to 2.75 above level to gain more attraction to other investor. Then guess what..... The catalyst will start to re-rating this counter..... Haha as usual they always late compare to the smart investor... Hehehe

Posted by Duitbesar > 2014-02-18 00:55 | Report Abuse

Tak masuk akal harga begitu rendah!! Barang import export guna kontenna, semua lalu Westport.

Posted by Mscorp Trading > 2014-02-18 09:54 | Report Abuse

Fundamentally is good counter and it's a long term counter. It takes some time to gain people trust.

The biz is on demand and contact with gomen just renewed.

Posted by tjhldg > 2014-02-20 02:42 | Report Abuse

sigh ... agreed to abang duit besar

Posted by speakup > 2014-02-20 07:45 | Report Abuse

wprts, suria, ncb. mana best?

Posted by speakup > 2014-02-20 07:47 | Report Abuse

wprts in tight consolidation range now. buy only if price break rm2.62. to be safe

Posted by rex23 > 2014-02-21 12:09 | Report Abuse

No movement.....

Posted by spinninglotus > 2014-02-21 16:10 | Report Abuse

Counter orang Tua. Will it drop due to "stroke" attack?

Posted by MSTrader > 2014-02-21 20:56 | Report Abuse

FA nice.buy some

Posted by zaiabas > 2014-02-23 22:31 | Report Abuse

Wait for 1.80

Posted by xxxvalue > 2014-02-25 07:18 | Report Abuse

I'm new here...I just cant figure out why this counter price >2.5 when NTA is 0.5? Can someone share?

Posted by speakup > 2014-02-25 07:33 | Report Abuse

high dividend counter.
just like Gas Malaysia RM3.55 vs nta rm0.78
just like Nestle RM66 vs nta rm3.48
just like Astro RM3.00 vs nta rm0.10
and many more.

Posted by xxxvalue > 2014-02-25 10:23 | Report Abuse

thks a lot..

Posted by Tony Nyuo > 2014-02-26 09:05 | Report Abuse

i am new here...may i know wat is EX Date and Entitlement Date and Time?

Posted by yongkh86 > 2014-02-26 11:59 | Report Abuse

how come yesterday close at 2.55, today start at 2.49 ?

Posted by Go4Share > 2014-02-26 12:09 | Report Abuse

Those who kept Westport shares after 5 pm yesterday has entitled 5.22 sen dividend. The adjusted price after the dividend is 2.49. Today is the Ex date.

Posted by Mohd kelmy > 2014-02-26 14:44 | Report Abuse

no patient with WP, should sell off and invest in other counters.

Posted by shidayea > 2014-02-26 16:56 | Report Abuse

Recently, IPO I got 25 lots. When the prices not moving, I sold off. Huh when read about the entitlement I feel regreted. no luck..

Posted by golden_horse > 2014-03-01 16:03 | Report Abuse

issue 5.22 cents dividend.But why just adjust the price to 2.49 without adjust the total units of shares that we bought?

Posted by Icon8888 > 2014-03-01 17:32 | Report Abuse

?

Posted by LATO' SELI > 2014-03-02 23:11 | Report Abuse

Aiyaaaa banyak lugi lo this counter !!!

Posted by necro > 2014-03-04 14:30 | Report Abuse

Mmg la ko ingt ni ASB ker...dia akn kreditkan duit ko nti...

Posted by Icon8888 > 2014-03-04 14:52 | Report Abuse

somebody is accumulating westport

Posted by rex23 > 2014-03-04 15:16 | Report Abuse

Big fund collecting at 2.53

Posted by Icon8888 > 2014-03-04 15:33 | Report Abuse

buy buyer at 253

Posted by anulus81 > 2014-03-04 16:46 | Report Abuse

dividend is 0.0522..do we need to times with par value of 0.10?

Posted by Icon8888 > 2014-03-04 16:48 | Report Abuse

5.22 sen per share lah.

Posted by anulus81 > 2014-03-04 16:50 | Report Abuse

so let say, if i have 10,000 unit? just times 10,000 with 0.0522?

Posted by Icon8888 > 2014-03-04 16:50 | Report Abuse

YES SIR !!!!

Posted by anulus81 > 2014-03-04 16:54 | Report Abuse

TQ? becox my remisier said need to times with 0.10 par value...hahaha

Posted by Icon8888 > 2014-03-04 16:56 | Report Abuse

sir !!! I have double checked !!!

"Second Interim Single Tier Dividend of 5.22 sen per ordinary share of RM0.10 each in respect of the financial year ended 31 December 2013."

thank you sir !!!

Posted by anulus81 > 2014-03-04 17:00 | Report Abuse

so? which one is correct? yours or my remisier?

Posted by Icon8888 > 2014-03-04 17:04 | Report Abuse

??? I have posted the announcement on my previous post, like that also not clear enough meh ? want me to knock your head ?

Posted by kirksk > 2014-03-04 18:48 | Report Abuse

hehehe

Posted by rex23 > 2014-03-05 10:05 | Report Abuse

anulus81, you just wait dividend payout on 11/03/2014. Then you check your bank a/c amount. hahaha...

Posted by Icon8888 > 2014-03-05 11:07 | Report Abuse

bullish activities. Something brewing ? (check out the share price)

Posted by spinninglotus > 2014-03-05 15:32 | Report Abuse

Kaunter orang Tua, tak Ada bullish activities