Posted by Newmaster > 2021-05-06 10:16 | Report Abuse

TP may go above 50 this round, just be a little patient

Posted by sujibaby > 2021-06-16 13:58 | Report Abuse

DPS (7198): From furniture maker to a potential property player - Sujibaby

https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-16-story-h1...

Posted by Shawn Ng > 2021-07-06 12:08 | Report Abuse

50 cents for this stock ... Remember those coming on the pending orders to be deliver

Posted by Kingston1 > 2021-07-26 15:24 | Report Abuse

0.50 or 0.05 cents? very much speculating

Posted by hoot9e996 > 2021-07-26 15:57 | Report Abuse

whats going on with warrant

Posted by Shinju_Nosuke > 2021-07-26 16:09 | Report Abuse

Mother up..son down…mother down..son super down… so weird…

Posted by Frankie Tay > 2021-10-01 20:35 | Report Abuse

Public Bank Target Price is RM 0.42, can buy or not, any master here?

Posted by tom33tan > 2021-10-02 23:12 | Report Abuse

don't miss the rocket..

Posted by Shinju_Nosuke > 2021-10-04 14:35 | Report Abuse

Mayday mayday…rocket down..rocket down…

Posted by RRWin89 > 2021-10-10 08:58 | Report Abuse

back to rsi 50. accumulation phase. slow n steady win the race

Posted by RRWin89 > 2021-10-21 10:15 | Report Abuse

silent night, holy night....

Posted by EatCoconutCanWin > 2021-12-28 09:46 | Report Abuse

What happened to this ipo. Below IPO price 0.25. can buy?

Posted by Will188 > 2022-01-17 21:23 | Report Abuse

Silent is when the operator accumulating

Posted by Will188 > 2022-01-17 21:24 | Report Abuse

Let's see the querterly result.

Posted by blockofstone > 2022-05-12 14:52 | Report Abuse

tomorrow flyyyy...

Posted by Linus168 > 2022-05-12 21:19 | Report Abuse

Why tomorrow fly?

Posted by imvu > 2022-05-13 07:17 | Report Abuse

-wc gap up limit up ?

Posted by Legend > 2022-05-25 11:44 | Report Abuse

Cantik...

Posted by Legend > 2022-05-27 15:37 | Report Abuse

Wow sudah ada gaji...haha

Posted by KPH5328 > 2022-08-24 22:15 | Report Abuse

Prospect: The higher US furniture sales were driven by the Covid-19 recovery stimulus and high demand following the lockdowns. Although purchase orders particularly from US customers remain strong, going forward we expect the continuous inflationary pressures may somewhat dampen demand.
Nevertheless, the ongoing trade war between the United States and China, the Russia-Ukraine
conflict and the resulting sanctions have driven importers to secure their sources of supply from SEA countries, including Malaysia

Posted by Jaeger > 2023-06-16 06:10 | Report Abuse

Someone buying lots of wb.

Posted by adikkici > 2023-06-28 09:22 | Report Abuse

FA good, technical good but volume very sedih

Posted by tok_jeff > 2023-06-30 16:08 | Report Abuse

boodo punya kaunter

Posted by Kim > 2023-09-27 11:49 | Report Abuse

Watch to goreng WC & WB =)

Posted by Kim > 2023-09-27 12:01 | Report Abuse

Get ready fly to North Korea =)

Posted by Kim > 2023-09-27 12:02 | Report Abuse

WB only daredevil can see =)

Posted by ktrader > 2023-09-28 11:18 | Report Abuse

Already in WC

Posted by 195410 > 2023-10-14 23:50 | Report Abuse

Wake up Wegmans

Posted by Za1234 > 2023-11-07 16:19 | Report Abuse

y????................anak/ wc naik banyak ni????

Posted by MZM2511 > 2024-05-08 21:35 | Report Abuse

QR1 2024 announcement @ the end of this month... Hope for a good results...

Posted by $$ BUYSELL $$ > 2024-05-16 08:59 | Report Abuse

soon will play

Posted by Tripaka > 2024-05-20 16:05 | Report Abuse

Planted

Posted by miomio > 2024-05-21 17:11 | Report Abuse

Lousy stock.. Export going up but this stock stagnant

Posted by Tripaka > 2024-05-23 15:22 | Report Abuse

Planted again

Posted by MZM2511 > 2024-05-28 20:11 | Report Abuse

Improved its revenue, profitability and NTA.

Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
34,700K 5,572K 4,248K 0.77sen 24sen Up 4% Up 2444%

Posted by miomio > 2024-05-29 10:49 | Report Abuse

Useless stock..

Posted by Whiteevoque > 2024-05-30 06:57 | Report Abuse

Target 38-40 for wave 3

Posted by miomio > 2024-05-30 16:05 | Report Abuse

Whiteevoque.. 38c??🤣🤣🤣. 22 cents also cannot

Posted by Tripaka > 2024-05-30 19:58 | Report Abuse

No dividend announcement, price will continue to fall.

Posted by MZM2511 > 2024-05-30 22:10 | Report Abuse

Dividend of 0.5 sen per ordinary share in respect of the financial year ended 31 December 2023 has been paid on 26 March 2024.

Posted by MZM2511 > 2024-05-30 22:14 | Report Abuse

Sell on news mentality... He He He

Posted by Whiteevoque > 2024-06-05 07:11 | Report Abuse

Have to swing for wave 3. Cannot reach in few days ;)

Posted by Tripaka > 2024-06-05 23:38 | Report Abuse

Years maybe

Posted by miomio > 2024-06-12 11:42 | Report Abuse

The most super slow stock I’ve seen.. Everything is good but cannot go up.. I’m out..

Posted by MZM2511 > 2024-06-13 18:57 | Report Abuse

Nearer... Getting nearer for a party???? TAYOR

Posted by k3nthiew > 2024-06-14 09:06 | Report Abuse

Hot money not yet into furniture stocks, hold tight, the day for wegmans will come soon or later,

Posted by MZM2511 > 2024-06-19 22:28 | Report Abuse

Stabilising @19.5 - 20.5 sen....

Posted by Michael Kwok > 2024-07-04 18:12 |

Post removed.Why?

Posted by kritikos > 2024-07-29 22:24 | Report Abuse

Homeritz reported good results, supported by strong USD. by same extension, i reckon Wegmans shld be reporting good results in Aug too then?... majority of Wegmans sales are also in USD. and they export a lot to US market too. looking at the price chart.. price seems low now. downside shld be limited? assuming they can do RM15mln... it's only PE 7x...

Posted by MZM2511 > 2 months ago | Report Abuse

Base on my BRIEF study on the QR2 2024 (The latest QR) of Wegmans:

(Note: A comparative figures from QR1 2024 included)


A: Revenue, profitability and NTA.

Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
22,223K 2,206K 1,553K 0.28sen 24sen Down 63% Down 57%

B: Sitting on positive reserve / Retained profits of RM85,299,000. It means, the company is a profitable company.

C: Has a moderate cash and cash equivalents of RM 18,387,000.

D. Total assets > Total liabilities, Total current assets > Total current liabilities, and its total current liabilities below 50% of its current assets – Means has a low indebtedness risk.

E. Dividend for shareholders – Dividend of 0.5 sen per ordinary share in respect of the financial year ended 31 December 2023.


THE FINDINGS:

1. NTA 24 sen _ , QR1 2024 @ 24 sen.
2. NOSH 550.54 mil _ , QR1 2024 @ 550.54 mil.

3. EQUITY
Share Capital RM 68,155,000 _ , QR1 2024 @ RM 68,155,000
Treasury shares (RM 94,000) _ , QR1 2024 @ (RM 94,000)
Merger defisit (RM 22,100,000) _ , QR1 2024 @ (RM 22,100,000)
Retained profits RM 85,299,000 _ , QR1 2024 @ RM 83,746,000
Equity Attributable To Owners Of The Company RM 129,707,000 _ , QR1 2024 - RM 128,206,000
Non-Controlling Interest RM 1,621,000 _ , QR1 2024 @ (RM 1,575,000)
TOTAL EQUITY RM 132,881,000 _ , QR1 2024 @ RM 131,282,000

4. Cash and Cash Equivalent:
Deposits, bank and cash balances RM 18,387,000 _ , QR1 2024 @ RM RM18,243,000

5. Assets:
Current Assets RM 69,307,000 _ , QR1 2024 @ RM 70,774,000
Non-current Assets RM 113,923 _ , QR1 2024 @ RM 115,238,000
TOTAL ASSETS RM 183,230 _ , QR1 2024 @ RM 186,012,000

6. Liabilities:
Current Liabilities RM 21,879,000 _ , QR1 2024 @ RM 24,555,000
Non-current liabilities RM 28,470,000 _ , QR1 2024 @ RM 30,175,000
TOTAL LIABILITIES RM 50,349,000 _ , QR1 2024 @ RM 54,730,000

7. QR2 2024 results
- Revenue RM 22,223,000 _ , QR1 2024 @ RM 34,700,000
- Profit before tax /(loss) RM 2,206,000 _ , QR1 2024 @ RM 5,572,000
- Net profit/ (Net loss) RM 1,553,000 _ , QR1 2024 @ RM 4,282,000


Note 1:

For the current financial quarter ended 30 June 2024, the Group’s revenue has decreased by RM12.48 million or 35.96% to approximately RM22.22 million as compared to approximately RM34.70 million in the preceding financial quarter ended 31 March 2024. The lower revenue was mainly attributed to the lower sales volume from North and South America.

The Group registered a profit before tax of approximately RM2.21 million for the current financial quarter ended 30 June 2024 as compared to a profit before tax of approximately RM5.57 million for the preceding financial quarter ended 31 March 2024. The lower profit before tax was mainly due to the lower revenue generated.


Note 2: Prospects

The Group confronts global economic uncertainties, increased production costs, and foreign currency fluctuations. However, the strengthening of United States Dollar (“USD”) against Ringgit Malaysia is expected to offset the negative impacts as majority of the Group's revenue are denominated in USD.

Despite the challenging global economic outlook, the Board will regularly review the performance and progress of the Group’s operations and financial performance as well as introduce measures to minimise our operating costs.

The Board expects that the Group’s operations for the financial year ending 31 December 2024 to remain profitable amidst a challenging business environment.