y time to hold? further better news expected? my theory is wprts is one of the shariah complaint counter, shariah funds need to switch from other non compliant counters to this.
Majority of Westports containers volume is of Transhipment. Hence, Malaysia GDP won't really impact much. FYI, local container volume (import n export in Malaysia) is actually around 30% of total containers throughput in Westports as per 2013. If Westports going to make more profits, it depends on the world economy because the Transhipment volume will increase. Besides that, it also depend if PKA would actually review the container tariff which hasn't been reviewed for long.
Major cost for Westports are fuel, electricity (because QC actually run on electricity and not diesel), and manpower (you need a lot of manpower to operate the machinery and running the port 24x7)
with such good financials, cash flows and the barrier that prevented the stock to fly has just been effectively lifted yesterday, hang on tight and watch the rise!!
ompany Name WESTPORTS HOLDINGS BERHAD Stock Code / Short Name 5246 / WPRTS Date & Time Announce 07/08/2014 7:01:00 AM Subject First Interim Single Tier Dividend 5.1 Sen
Content Stock Par Value : 0.00 Description :
Date Entitlement Announcement Date : 23/07/2014 Ent. in % : 0.000% EX-Date : 07/08/2014 Ent. in Sen : 5.100 To SCANS Date : No Date Stated Ent. Numerator : 0.000 Entitlement Date : 11/08/2014 Ent. Denumerator : 0.000 Entitlement Time : 5:00:00 PM Payment Date : 20/08/2014 Ent. Type : FI Ent. Indicator : EX
Ent. Remarks First Interim Single Tier Dividend of 5.1 sen per ordinary share of RM0.10 eachin respect of the financial year ending 31 December 2014
Book Closure Share transfer book & register of members closure Start Date : No Date Stated End Date : No Date Stated
Period of Interest Payment from : No Date Stated Period of Interest Payment to : No Date Stated
Share Deposited into Depositor's Securities Account before Date (exempted from mandatory deposit) : No Date Stated Share Deposited into Depositor's Securities Account before Time (exempted from mandatory deposit) :
Year Ending/Period Ending / Ended : 31/12/2014 Shares Transfer Before Date : 11/08/2014 Shares Transfer Before Time : Rights Issue Price : 0.000
Registrar's Particulars Boardroom Corporate Services (KL) Sdn Bhd Lot 6.05, Level 6, KPMG Tower 8 First Avenue, Bandar Utama 47800 Petaling Jaya Selangor Darul Ehsan Tel No.: 03-7720 1188 Fax No.:03-7720 1111
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....
patricksim53
144 posts
Posted by patricksim53 > 2014-05-12 09:26 | Report Abuse
The bollinger bands have opened up after many months of hibernation. I won't be surprised if it touches RM3 b4 Friday.