WEGMANS HOLDINGS BERHAD

KLSE (MYR): WEGMANS (0197)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.19

Today's Change

-0.01 (5.00%)

Day's Change

0.19 - 0.20

Trading Volume

2,038,000


3 people like this.

612 comment(s). Last comment by MZM2511 1 month ago

kc1991

181 posts

Posted by kc1991 > 2021-03-19 17:35 | Report Abuse

Hmmm...

klse99

35 posts

Posted by klse99 > 2021-03-20 17:23 | Report Abuse

next Monday should watch on these few stocks...the trends are coming, KLCI need rebound, indeed.

Ynwa19

165 posts

Posted by Ynwa19 > 2021-03-22 09:34 | Report Abuse

KLCI rebound? Looks like shit!

kc1991

181 posts

Posted by kc1991 > 2021-03-22 15:47 | Report Abuse

Where is the rebound?

nono_hardi

226 posts

Posted by nono_hardi > 2021-03-25 08:41 | Report Abuse

Ya...rebound can be up and down, klse99 didn't mentioned which of them lol

But this Monday US & China conference make whole world stock unstable tho.

nono_hardi

226 posts

Posted by nono_hardi > 2021-03-25 17:01 | Report Abuse

Ok…finally the dictator fed up to play dy. They eventually push =) tmr need careful

Posted by miniyaoming > 2021-03-25 17:03 | Report Abuse

I think will be drop back tomorrow, don’t chase high is ok

NATURAL8

49 posts

Posted by NATURAL8 > 2021-03-25 17:15 | Report Abuse

500mil Nosh counter very easy to push

persie

1,412 posts

Posted by persie > 2021-03-25 17:20 | Report Abuse

Huat ah..

persie

1,412 posts

Posted by persie > 2021-03-25 17:20 | Report Abuse

Cum cum coming..

persie

1,412 posts

Posted by persie > 2021-03-25 17:20 | Report Abuse

Huat ah..

persie

1,412 posts

Posted by persie > 2021-03-25 17:21 | Report Abuse

@natural8.. don't say 500mil, it is only 82mil shares floated..

persie

1,412 posts

Posted by persie > 2021-03-25 17:21 | Report Abuse

Huat ah...

persie

1,412 posts

Posted by persie > 2021-03-25 17:22 | Report Abuse

Nosh 500mil but only 82mil floated..ni hope u understand...

persie

1,412 posts

Posted by persie > 2021-03-25 17:22 | Report Abuse

Huat ah..

Newmaster

485 posts

Posted by Newmaster > 2021-03-25 17:57 | Report Abuse

This operator is one of the smartest ever seen, no one dare go near them. Just let them play by themselves for sometimes.....................................hahaha

nono_hardi

226 posts

Posted by nono_hardi > 2021-03-26 08:26 | Report Abuse

Who say no ones dare LOL @Newmaster
U haven't seen operator mcm BJcorp, the director is more smart enough compare with this.

nono_hardi

226 posts

Posted by nono_hardi > 2021-03-26 08:27 | Report Abuse

I'd roughly expect what the price will come, but so pity not much volume as the trend has gone.

Newmaster

485 posts

Posted by Newmaster > 2021-03-30 14:09 | Report Abuse

Told ya

mystery

489 posts

Posted by mystery > 2021-04-30 17:16 | Report Abuse

No operators in wegman, so pity

Newmaster

485 posts

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

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

sujibaby

153 posts

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...

Shawn Ng

89 posts

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

Kingston1

1,716 posts

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

0.50 or 0.05 cents? very much speculating

hoot9e996

1,813 posts

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?

tom33tan

50 posts

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…

RRWin89

503 posts

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

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

RRWin89

503 posts

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?

Will188

861 posts

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

Silent is when the operator accumulating

Will188

861 posts

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...

Linus168

20 posts

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

Why tomorrow fly?

imvu

7,888 posts

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

-wc gap up limit up ?

Legend

4,119 posts

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

Cantik...

Legend

4,119 posts

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

Wow sudah ada gaji...haha

KPH5328

98 posts

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

Jaeger

76 posts

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

Someone buying lots of wb.

adikkici

822 posts

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

FA good, technical good but volume very sedih

tok_jeff

275 posts

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

boodo punya kaunter

Kim

3,930 posts

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

Watch to goreng WC & WB =)

Kim

3,930 posts

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

Get ready fly to North Korea =)

Kim

3,930 posts

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

WB only daredevil can see =)

ktrader

1,842 posts

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

Already in WC

195410

140 posts

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

Wake up Wegmans

Za1234

50 posts

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

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

MZM2511

4,435 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Base on my BRIEF study on the QR4 2023 (The latesr QR) of Wegmans:

(Note: A comparative figures from QR3 2023 included)


A: Sitting on positive reserve / Retained profits of RM 82,245,000 (121% of its share capital).
It means, the company is a profitable company.
B: Has a moderate cash and cash equivalents of RM 19 mil.

C. 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.

D. The 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 23 sen _ , QR3 2023 - 23 sen.
2. NOSH 550.54 mil _ , QR3 2023 - 550.54 mil.

3. EQUITY
Share Capital RM 68,155,000 _ , QR3 2023 - RM 68,154,000
Treasury shares (RM 94,000) _ , QR3 2023 - (RM 94,000)
Merger defisit (RM 22,100,000) _ , QR3 2023 - (RM 22,100,000)
Retained profits RM 82,245,000 _ , QR3 2023 - RM 78,161,000
Equity Attributable To Owners Of The Company RM 128,206,000 _ , QR3 2023 - RM 124,121,000
Non-Controlling Interest RM 1,541,000 _ , QR3 2023 - (RM 1,483,000)
TOTAL EQUITY RM 129,747,000 _ , QR3 2023 - RM 125,604,000

4. Cash and Cash Equivalent:
Deposits, bank and cash balances RM 19,855,000 _ , QR3 2023 - RM 12,350,000

5. Assets:
Current Assets RM 72,635,000 _ , QR3 2023 - RM 70,838,000
Non-current Assets RM 116,306,000 _ , QR3 2023 - RM 117,267,000
TOTAL ASSETS RM 188,941,000 _ , QR3 2023 - RM 188,105,000

6. Liabilities:
Current Liabilities RM 27,860,000 _ , QR3 2023 - RM 30,095,000
Non-current liabilities RM 31,334,000 _ , QR3 2023 - RM 32,406,000
TOTAL LIABILITIES RM 59,194,000 _ , QR3 2023 - RM 62,501,000

7. QR1 2024 results - Revenue RM 31,417,000 _ , QR3 2023 - RM 33,505,000
- Gross profit/(loss) RM 5,315,000 _ , QR3 2023 - (RM454,000)
- Net profit/(Net loss) RM 4,142,000 _ , QR3 2023 - (RM852,000)


Note 1:

The Group’s revenue for the current financial quarter ended 31 December 2023 has increased by RM0.75 million or 2.46% to approximately RM31.42 million as compared to approximately RM30.66 million in the preceding year corresponding quarter ended 31 December 2022.

The higher revenue was mainly attributed to the higher sales volume from Malaysia.

The Group registered a profit before tax of approximately RM5.32 million for the current financial quarter ended 31 December 2023 as compared to profit before tax of approximately RM3.42 million for the preceding year corresponding quarter ended 31 December 2022.

The higher profit before tax was mainly attributed to the higher revenue generated and strengthening of United States Dollar (“USD”) against the RM whereby a majority of the group’s revenue sales are denominated in USD.

Note 2:

For the current financial quarter ended 31 December 2023, the Group’s revenue has decreased by RM2.09 million or 6.23% to approximately RM31.42 million as compared to approximately RM33.51 million in the preceding financial quarter ended 30 September 2023. The lower revenue was mainly due to lower sales volume from North and South America.

Despite decrease in revenue, the Group registered a profit before tax of approximately RM5.32 million for the current financial quarter ended 31 December 2023 as compared to a loss before tax of approximately RM0.45 million for the preceding financial quarter ended 30 September 2023. The loss before tax was consequent upon the Company’s prudent decision to provide full allowance for the impairment loss on a trade receivable of approximately RM8.00 million.

Note 3: Prospects

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.

Post a Comment
Market Buzz