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 > 1 month ago | Report Abuse

Base on my BRIEF study on the QR3 2024 (The latest QR) of Wegmans:

(Note: A comparative figures from QR2 2024 included)


A: Revenue, profitability and NTA.

Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
21,798K -1,477K -1,189K -22sen 24sen Down 177% Down 40%

B: Sitting on positive reserve / Retained profits of RM 84,110,000. It means, the company is a profitable company.

C: Has a moderate cash and cash equivalents of RM 16,495,000.

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.


THE FINDINGS:

1. NTA 24 sen _ , QR2 2024 @ 24 sen.
2. NOSH 550.04 mil _ , QR2 2024 @ 550.04 mil.

3. EQUITY
Share Capital RM 68,155,000 _ , QR2 2024 @ RM 68,155,000
Treasury shares (RM 94,000) _ , QR2 2024 @ (RM 94,000)
Merger defisit (RM 22,100,000) _ , QR2 2024 @ (RM 22,100,000)
Retained profits RM 84,110,000 _ , QR2 2024 @ RM 85,299,000
Equity Attributable To Owners Of The Company RM 130,071,000 _ , QR2 2024 - RM 129,707,000
Non-Controlling Interest RM 1,669,000 _ , QR2 2024 @ (RM 1,621,000)
TOTAL EQUITY RM 131,740,000 _ , QR2 2024 @ RM 132,881,000

4. Cash and Cash Equivalent:
Deposits, bank and cash balances RM 16,495,000 _ , QR2 2024 @ RM 18,387,000

5. Assets:
Current Assets RM 66,114,000 _ , QR2 2024 @ RM 69,307,000
Non-current Assets RM 117,213,000 _ , QR2 2024 @ RM 113,923,000
TOTAL ASSETS RM 183,327,000 _ , QR2 2024 @ RM 183,230,000

6. Liabilities:
Current Liabilities RM 23,849,000 _ , QR2 2024 @ RM 21,879,000
Non-current liabilities RM 27,738,000 _ , QR2 2024 @ RM 28,470,000
TOTAL LIABILITIES RM 51,587,000 _ , QR2 2024 @ RM 50,349,000

7. QR3 2024 results
- Revenue RM 21,798,000 _ , QR2 2024 @ RM 22,223,000
- Profit before tax /(loss) ( RM 1,477,000 ) _ , QR2 2024 @ RM 2,206,000
- Net profit/ (Net loss) ( RM 1,189,000 ) _ , QR2 2024 @ RM 1,553,000

Posted by MZM2511 > 1 month ago | Report Abuse

Note 1: YoY

The Group’s revenue for the current financial quarter ended 30 September 2024 has decreased by RM11.71 million or 34.94% to approximately RM21.80 million as compared to approximately RM33.51 million in the preceding year corresponding quarter ended 30 September 2023.

For the financial period ended 30 September 2024, the Group’s revenue has decreased by RM7.52 million or 8.72% to approximately RM78.72 million as compared to approximately RM86.24 million in the preceding corresponding financial period ended 30 September 2023.
The lower revenue was mainly attributed to the lower sales volume from North and South America.

The Group registered a loss before tax of approximately RM1.48 million for the current financial quarter ended 30 September 2024 as compared to loss before tax of approximately RM0.45 million for the preceding year corresponding quarter ended 30 September 2023.

The loss before tax was mainly due to the lower revenue generated and the weakening of United States Dollar (“USD”) against the RM resulting in a loss on foreign exchange of RM1.51 million during the current financial quarter.

For the current financial period ended 30 September 2024, the Group registered a profit before tax of approximately RM6.30 million as compared to profit before tax of approximately RM4.41 million for the preceding corresponding financial period ended 30 September 2023.

The higher profit before tax, despite a decline in revenue, was mainly attributed to the absence of an impairment loss on a trade receivable of RM8.00 million for the preceding corresponding financial period ended 30 September 2023.

Note 2: QoQ

For the current financial quarter ended 30 September 2024, the Group’s revenue has decreased by RM0.43 million or 1.91% to approximately RM21.80 million as compared to approximately RM22.22 million in the preceding financial quarter ended 30 June 2024. The lower revenue was mainly attributed to the lower sales volume.

The Group registered a loss before tax of approximately RM1.48 million for the current financial quarter ended 30 September 2024 as compared to a profit before tax of approximately RM2.21 million for the preceding financial quarter ended 30 June 2024. The loss before tax was mainly due to the weakening of United States Dollar (“USD”) against the RM resulting in a loss on foreign exchange of RM1.51 million and incurrence of exhibition expenses of RM0.41 million during the current financial quarter.

Note 3: Prospects

The Group confronts global economic uncertainties, increased production costs, and foreign currency fluctuations.

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.