WESTPORTS HOLDINGS BERHAD

KLSE (MYR): WPRTS (5246)

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Last Price

3.90

Today's Change

-0.01 (0.26%)

Day's Change

3.86 - 3.91

Trading Volume

2,290,300


9 people like this.

2,058 comment(s). Last comment by carimakan 1 week ago

azman71

9 posts

Posted by azman71 > 2017-05-03 19:34 | Report Abuse

biasa lor..sudah turun nanti naik balik la...lucky who buy today at lowest

darkangell

286 posts

Posted by darkangell > 2017-05-03 21:13 | Report Abuse

refer to the news article entitled “Westports in consortium bidding for Colombo Port’s new terminal” appearing in The Edge Financial Daily on 3 May 2017.

The Board of Directors of the Company wishes to clarify that Westports had submitted an expression of interest to participate in the consortium bidding for Colombo Port’s new terminal (the “Consortium Bidding”) as reported and the Consortium Bidding is an ongoing process.

The Company will make the appropriate announcements to Bursa Malaysia Securities Berhad in accordance with the Main Market Listing Requirements, as and when there are material developments on this matter.

This announcement is dated 3 May 2017.

ryong92

384 posts

Posted by ryong92 > 2017-05-03 23:43 | Report Abuse

Haven't announce but price drop.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-03 23:50 | Report Abuse

tell SC or bursa to charge the big chuck sellers for insider trading, before release of news already drop lot.IWCity afternoon drop before news announce at night for example

luster

69 posts

Posted by luster > 2017-05-04 09:41 | Report Abuse

http://www.theedgemarkets.com/article/westports-confirms-interest-colombo-ports-new-terminal

KUALA LUMPUR (May 3): Westports Holdings Bhd has confirmed today that it is interested in participating in a joint bid for a contract to build Colombo Port's East Container Terminal in Sri Lanka.

In a bourse filing, Westports said the company had "submitted an expression of interest to participate in the consortium bidding for Colombo Port's new terminal as reported".

darkangell

286 posts

Posted by darkangell > 2017-05-04 10:23 | Report Abuse

Stay tune...collected some more
In when everyone fear

wklee9113

179 posts

Posted by wklee9113 > 2017-05-06 22:52 | Report Abuse

Will shoot up on Monday.

Posted by MoneyFace88 > 2017-05-06 23:01 | Report Abuse

Talk only also can shoot ah ? Then every counter just talk bird and price shoot lah

darkangell

286 posts

Posted by darkangell > 2017-05-07 20:58 | Report Abuse

Maybe wklee9113 is fund manager, want to dump in fund to invest

ryong92

384 posts

Posted by ryong92 > 2017-05-08 13:15 | Report Abuse

Wait for the bidding news on end of month. Then will surge

tomwah

1,594 posts

Posted by tomwah > 2017-05-08 15:20 | Report Abuse

collect more ,,,

Posted by Cheewai Leong > 2017-05-08 17:01 | Report Abuse

hitting strong resistance (3.8). Time to collect

darkangell

286 posts

Posted by darkangell > 2017-05-08 18:25 | Report Abuse

Collect till under wear oso sold

wklee9113

179 posts

Posted by wklee9113 > 2017-05-08 22:17 | Report Abuse

Just buy call warrant later will shoot up once mother lot shoot up together bro.

wklee9113

179 posts

Posted by wklee9113 > 2017-05-08 22:18 | Report Abuse

Same like Pos C9 call warrant 0.17 to 0.30

ryong92

384 posts

Posted by ryong92 > 2017-05-09 07:45 | Report Abuse

Call warrant CP!

darkangell

286 posts

Posted by darkangell > 2017-05-11 21:39 | Report Abuse

(巴生11日讯)西港控股(WPRTS,5246,主板贸服股)放眼通过并购,将版图拓展至东南亚。

根据彭博社,西港控股总执行长鲁本,在巴生总部受访时表示,在贸易和货柜吞吐量快速增长,本区域市场可为公司捎来更多机会。

上周,西港控股证实,有意参与竞标斯里兰卡科伦坡港口东部货柜码头(East Container Terminal)的项目。

巴生港是我国七个港口内,规模最大的港口,2015年共处理了1190万个20尺标准货柜,比斯里兰卡科伦坡港口的510万个20尺标准货柜多出一倍。

他说,斯里兰卡科伦坡港口是南亚最大的原始运输枢纽,且一直稳定增长。

拟拨10亿

“以集装箱运输贸易而言,印度并没有全面发挥该港口的潜能。而运到印度的数量,对该国的面积来说,实属太少。”

他说,要拨出10亿令吉来完成收购,对西港控股来说,并不是问题,因为该公司现有0.47倍的负债率,还有很大的空间为收购融资。

不过,鲁本不愿进一步透露详情,仅说,兑换率风险是个主要因素。

不担忧流失客户

今年迄今,西港控股的股价已挫8.8%,是富时隆综指(KLCI)内,表现第二糟的股项。这是因为,市场担忧全球运输联盟的重组,会影响其在今年下半年的增长。

丰隆投行分析员认为,西港控股可能会因为全球第三大运输公司和一名主要客户,将部分货柜量转运新加坡,而面临货柜量滑落的窘境。

然而对此,鲁本并不太过担忧。

“我们只需要知道如何去帮助我们的客户度过这个时期,并找出对他们最好的方案。”

今年,西港控股计划投资8亿令吉,将年度容量提升约20%,至1400万个20尺标准货柜。

该公司在去年录得995万个20尺标准货柜后,今年瞄准1000万个的目标。

另外,由于扩展产能可得到政府税务补贴,因此,西港控股的净利也有望攀扬。

闭市时,西港控股以3.9令吉挂收,跌2仙或0.51%,成交量有275万6900股。

wklee9113

179 posts

Posted by wklee9113 > 2017-05-16 22:56 | Report Abuse

Tomorrow will go up

darkangell

286 posts

Posted by darkangell > 2017-05-17 20:24 | Report Abuse

Jib gor pump in money to push up

wklee9113

179 posts

Posted by wklee9113 > 2017-05-19 21:45 | Report Abuse

How you know jib for will pump in money to this kind of share

chkhooju

1,706 posts

Posted by chkhooju > 2017-05-19 22:08 |

Post removed.Why?

necro

4,726 posts

Posted by necro > 2017-05-21 10:43 | Report Abuse

http://www.focusmalaysia.my/Mainstream/westports-hit-by-shipping-alliances


New shipping alliances, which starting sailing last month, have inevitably impacted port operators at Port Klang, including Westports Holdings Bhd, as some liners are diverting their port calls to Singapore.

Not only are the operators affected, importers and exporters of goods also have to bear higher costs as it would be more expensive to load or unload them at the republic’s port.

“Most, if not all, importers and exporters do not like transhipment because of extra time taken at the Port of Singapore Authority. If you miss a connecting vessel, you need to wait for a few days.

This will cause delay in the final delivery time. Direct vessel is always the best option for exporters and importers. They do not lose out on forex (foreign exchange) as well,” says an industry player.

joannelim

412 posts

Posted by joannelim > 2017-05-24 20:41 | Report Abuse

buy

gungho92

388 posts

Posted by gungho92 > 2017-05-24 22:18 | Report Abuse

finally...

ryong92

384 posts

Posted by ryong92 > 2017-05-24 23:06 | Report Abuse

why drop ? Finally drop?

Posted by SapuMalaysia > 2017-05-26 12:06 | Report Abuse

希望能再跌多多一点,慢慢收。。当所有人都在专注炒作马云效应物流股的时候,他们忘了马云自己带了包办淘宝70%便递的物流公司团队一起过来数码dfz... 唯一不能改变的就是所有的海运通通需要经过最重要的港口....

Posted by Azman Sahrim > 2017-05-31 21:15 | Report Abuse

congrats sapa ada beli wprts ...for sure will fly to 4.30 this coming week...hari raya present

Posted by Lee Chee Hoe > 2017-06-01 00:16 | Report Abuse

good news out soon ..for this port company -- stay tune

Posted by Azman Sahrim > 2017-06-01 01:07 | Report Abuse

start to buy sw tomorrow if can get current price

joannelim

412 posts

Posted by joannelim > 2017-06-29 22:18 | Report Abuse

Buy

Posted by Darren Chin > 2017-07-02 23:04 | Report Abuse

Epf is throwing.....wait it goes down further

fast

2,679 posts

Posted by fast > 2017-07-20 14:54 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5491237
Cash generated from operating activities increased from RM399305000 to RM473358000, clearly a superior cash cow.

darkangell

286 posts

Posted by darkangell > 2017-07-21 12:47 | Report Abuse

Drop more buy more

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-11 06:22 | Report Abuse

gg

necro

4,726 posts

Posted by necro > 2017-09-11 17:25 | Report Abuse

destined to doom!!!



(Sept 11): Business at Malaysia's main shipping hub in Port Klang has taken a hit this year as major shipping companies shift their operations to Singapore under new alliance agreements, industry officials say.

This has raised questions over the aggressive plans by Kuala Lumpur to build new harbours and rail links along the Strait of Malacca, one of the world's busiest maritime trade routes.

Many of these are partnerships with Beijing, yet the Ocean Alliance - which includes state-owned China Cosco Shipping, the world's fourth-largest player - made a huge shift from Klang to PSA Singapore's terminal in April. The Straits Times understands that this has added to concerns in the industry over China's commitment to supporting the logistics industry in Malaysia.

Beijing and Kuala Lumpur had been talking up joint transport infrastructure in Malaysia, such as last month's launch of the RM55 billion (S$17.6 billion) East Coast Rail Link to be built and financed by China. The project will link Port Klang to Kuantan Port which faces the South China Sea, in what Prime Minister Najib Razak called an "alternative trade route" to Singapore.

"Only Kuantan Port has Chinese equity so far because it also aids Beijing's South China Sea claims. Other infrastructure plans have either not taken off or are only loans, or worse, just Chinese companies winning construction deals," former Port Klang Authority chairman Lee Hwa Beng told The Straits Times.

Data compiled from Northport and Westports, the two operators in Klang, showed that after nearly four years of increasing loads, cargo throughput was down a sharp 8.4 per cent in the second quarter of this year to 3 million twenty-foot equivalent units (TEU). This followed a flat first quarter of 0.9 per cent growth.

Westports, which controls three- quarters of Klang's total capacity, "is now conservatively guiding 2017 volume may decline 7-12 per cent", and next year's prospects remain "murky", according to UOB-Kay Hian's analyst Kong Ho Meng.

The new alliance agreements' biggest impact on Klang was the loss of transshipment volumes - goods stored before being shipped to their final destination - from giants United Arab Shipping Company (UASC) and France's CMA CGM. This could total up to 2 million TEU annually. UASC has now merged with Germany's Hapag-Lloyd, making it part of THE Alliance, while CMA CGM is the biggest company in the rival Ocean Alliance.

Both groups, which handle nearly half the world's shipping capacity, started realigning in April, resulting in more than half of Klang's Asia-Europe calls being shifted to Singapore, said industry officials.

CMA CGM and Cosco have naturally gravitated to Singapore as both have major investments there. PSA saw a 9.6 per cent jump in the second quarter to 8.5 million TEU.

Among the world's top 20 ports, Klang was one of only two, the other being Tanjung Pelepas on the south coast of Johor, to see a drop in volume in the first half of this year.

The slowdown added to concerns of oversupply due to plans for new China-backed megaports like the RM43 billion Melaka Gateway and on Carey Island, which sits just off Klang. Both government and industry sources told The Straits Times that Chinese companies earmarked to take a stake in these two projects have had reservations over their viability. The planned port for Carey Island now has an Indian partner, with its mooted valued halved to RM100 billion.

Surprisingly, the government last month gave Westports permission to double its capacity to 30 million TEU - which is as much as what PSA handled last year - despite its volume shrinking in the year to date.

"We are still unsure of the need for the group to expand its capacity to the level mentioned as the talk of a third port in Klang is gaining traction," said Hong Leong Investment Bank's analyst Lim Sin Kiat.

Still, the Malaysian government is insisting that cargo volumes are set to rise as the country strengthens connectivity with southern Thailand and Sumatra across the Strait of Malacca.

"Only the transshipment volume came down a bit but our local volume increased. We can see a strong growth in Malaysia, especially our economic production," Transport Minister Liow Tiong Lai said last Monday. He added that "we have a very good relationship" with Cosco, which is "confident about Malaysia", and played down as an "internal working operations issue" the fast-expanding firm's investment in container berths in Singapore.

speakup

25,124 posts

Posted by speakup > 2017-09-14 09:12 | Report Abuse

http://www.themalaymailonline.com/malaysia/article/why-malaysian-ports-are-losing-out-to-singapore

Warren Buffet say "BUY WHEN OTHERS FEAR!!!!"
Load up boyz!

AdCool

3,859 posts

Posted by AdCool > 2017-11-16 14:11 | Report Abuse

Wah...Why Westports dropped a lot all of sudden? Just because of lower TEUs?

eklim65

172 posts

Posted by eklim65 > 2017-11-23 10:55 | Report Abuse

Market sentiment is weak.

AdCool

3,859 posts

Posted by AdCool > 2017-11-29 20:36 | Report Abuse

Westports at 3 years low... How low can it goes this time? Back to rm3?

joannelim

412 posts

Posted by joannelim > 2017-11-30 09:26 | Report Abuse

Buy

AdCool

3,859 posts

Posted by AdCool > 2017-12-05 18:07 | Report Abuse

With Westports dropping that much,pointing to economy recession in 2018 then.

AdCool

3,859 posts

Posted by AdCool > 2017-12-06 16:55 | Report Abuse

Approaching oversold territory.

AdCool

3,859 posts

Posted by AdCool > 2017-12-20 18:23 | Report Abuse

Knee reaction perhaps but since Westports isn't a retail play kinda counter, it won't fluctuate that much. Just see its trading pattern for the last 3 months. One day go down a lot next day recover back and it cont the cycles of up and down

Posted by Goldchia MH > 2017-12-20 18:44 | Report Abuse

Tomorrow up 1c

AdCool

3,859 posts

Posted by AdCool > 2017-12-21 17:51 | Report Abuse

Was trying to check on previous case of bills of demand by Royal custom. Apparently Carlsberg was served the same bill back in Sept 2014 but up until now, Carlsberg is still disputing on that. 3 years ++. Guess this could be the same for Westports unless Custom willing to have settlement which proposed by Westports. Else, they can wait and dispute on this for years to come.

Tanleechoo

343 posts

Posted by Tanleechoo > 2017-12-21 21:51 | Report Abuse

TQSM for sharing

AdCool

3,859 posts

Posted by AdCool > 2017-12-22 23:10 | Report Abuse

Rebound back. All panic sellers were caught pants down.

Tanleechoo

343 posts

Posted by Tanleechoo > 2017-12-28 23:49 | Report Abuse

Up down up down

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