WASCO BERHAD

KLSE (MYR): WASCO (5142)

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Last Price

1.32

Today's Change

+0.04 (3.13%)

Day's Change

1.26 - 1.32

Trading Volume

1,426,000

Overview

Market Cap

1,023 Million

NOSH

775 Million

Avg Volume (4 weeks)

823,578

4 Weeks Range

1.14 - 1.32

4 Weeks Price Volatility (%)

100.00%

52 Weeks Range

0.705 - 1.32

52 Weeks Price Volatility (%)

100.00%

Previous Close

1.28

Open

1.27

Bid

1.31 x 2,500

Ask

1.32 x 80,000

Day's Range

1.26 - 1.32

Trading Volume

1,426,000

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#4] | 27-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 23-May-2024

T4Q P/E | EY

9.44 | 10.60%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.91 | 1.45

T4Q NP Margin | ROE

5.34% | 15.38%

Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Description:

Wasco Berhad is a Malaysia-based company, which is engaged in investment holding and provision of management services to its subsidiaries. The Company operates in three segments: energy solutions services, renewable energy, and industrial trading & services. Energy solutions services division includes pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities and the provision of specialized equipment and services to the power generation, oleochemical and petrochemical industries. Renewable energy division is engaged in supplying and manufacturing of specialized equipment for biomass power plants such as industrial fans, boilers and turbines that run primarily on biomass fuels. Industrial trading & services division is engaged in the trading and distribution of building materials and the manufacturing and trading of industrial pipes for the construction industry.

Discussions
3 people like this. Showing 50 of 2,696 comments

Vincent8864

Just follow the Italian Mafia buy timing. So far price going up after Mafia bought the stock.

2023-09-20 11:52

Why2TellMeWhy

contract on hands stretch into 2025 dy. tenderbook ballooned to 7bil. so many projects to bid. HODL gais!!!

2023-09-20 15:10

teknikal

Uptrend with price above MA20, 50 and 200

2023-09-21 16:04

Why2TellMeWhy

omg. uptrend signal mari means correction coming. huhu. steady gais. look like need to wait longer.

2023-09-22 15:22

Vincent8864

Wasco already standing firm above MYR 1.00 out of penny stock. New projects announcement coming very soon. In Oct should have new project.

2023-09-26 00:05

Why2TellMeWhy

correction coming if break below 1.00

2023-09-26 10:08

Medusa

Runnnnnnnnnnnnnnnnnnnnnnnn

This counter related to Tengku

Kikiki…

2023-09-27 15:15

Why2TellMeWhy

@medusa - related to Tengku? TMJ?

2023-09-29 10:56

CyrusQ


Medusa

Runnnnnnnnnnnnnnnnnnnnnnnn

This counter related to Tengku

Kikiki…

1 week ago

# Which Tngku ?

2023-10-04 15:24

Why2TellMeWhy

Break 1.00. Correction incoming gais.

2023-10-04 21:05

speakup

Game over. Thanks to U turn PMX

2023-10-04 21:54

Why2TellMeWhy

nothing to do with PMX lah. correction onli. wait for correction to finish.

2023-10-06 15:36

Why2TellMeWhy

oil up wasco up. need break higher 1.00 to finish correction

2023-10-09 10:46

Vincent8864

Sold land with almost 400% gain!!

https://www.klsescreener.com/v2/news/view/1216491

2023-10-13 17:05

Vincent8864

Major project announcement soon

2023-10-26 16:58

Why2TellMeWhy

gud closing at 1.01. Hehe. Correction finished! Gogogo again

2023-11-03 18:46

Vincent8864

Big boss also top up recently!

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' SERI ROBERT TAN CHUNG MENG | https://www.klsescreener.com/v2/announcements/view/5798745

2023-11-03 19:49

Vincent8864

Land disposal recently for consideration of RM 40 million, disposal gain about RM30 million. Use to repay load and as working capital for new projects!


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS | https://www.klsescreener.com/v2/announcements/view/5804583

2023-11-03 19:51

Vincent8864

Open on WASCO`s 1 year chart, you will find a 45° uptrend line. Consistently moving up.

QR report is coming maybe within this week, more project construction progress recognized in this quarter. The results is expected a good one.

2023-11-20 23:02

tanrich

Q3 announcement coming soon. Expect good results.

2023-11-23 14:39

Vincent8864

3 consecutive quarter recorded profit! Well-done WASCO !

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5975435

2023-11-29 10:53

MrHuangBK

Wah.. Auntie Felicia using new nickname ka? hiding in Wasco

😂😂😂😂

2023-11-29 10:57

Vincent8864

Congratulations! Wasco back to 1.00. let's challenge the next level !

2023-11-29 16:01

MrHuangBK

Hi Auntie Felicia.

😁😁😁

2023-11-29 16:02

MrHuangBK

Auntie Felicia.. why change name to Vincent?

I thought you very proud of Felicia

😂😂😂😂

2023-11-29 16:09

MrHuangBK

Wah.. Auntie Felicia..

PE 31x also you promote ka?

Somemore no dividend

V shape recovery also?

😁😁😁

2023-11-29 16:18

Vincent8864

Congratulations to thus holding Wasco from RM 0.5x almost 100% gain!!

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations | https://www.klsescreener.com/v2/news/view/1240587

2023-11-29 17:07

Vincent8864

Auntie Huang jealous ke?

This counter moving on 45 degree up trend. Business is on the right track, expected more mega projects announcement soon. Current PE is just historical reference. Investors should look at future.

2023-11-29 17:26

MrHuangBK

Auntie Felicia..

Can share your cost in Wasco?

😁

2023-11-29 17:38

MrHuangBK

Since Auntie Felicia aka Auntie Vincent not sharing...

First post in Wasco April 3rd 2023. Cost .79c

Settled

2023-11-29 18:15

Vincent8864

Italian Mafia bought another 200K units. 💪

2 months ago

Vincent8899

New project announcement coming soon!

2 months ago

Vincent8899

Merry Christmas to all !!!! 🎄🎉🎊

2 months ago

Vincent8864

Happy new year!!! Wishing you and your family a safe, healthy, and prosperous new year! 🎉🎉🎉

2 months ago

Vincent8864

Hohoho challenging 52 weeks high today!!

1 month ago

Vincent8864

Today’s Stock Picks|WASCO could rise 42% as demand for oil and gas picks up
Chinapress Thu, Jan 18, 2024 09:11pm - 1 hour



Brokerage: RHB Investment Bank Research
Investment recommendation: Buy
Target price: RM1.43
Closing price: RM1.06 (as of January 18)
Earnings per share: 14 sen (estimated for FY2024)
Price-to-earnings ratio: 7.44 times (FY2024) Year estimate)
Dividend yield: - (FY 2024 estimate)
ESG score: 2.8 points (out of 4 points)

Thanks to the strong demand for floating production, storage and offloading vessels (FPSO) and natural gas projects, which has led to an increase in recent profit potential, order volume and bidding volume, we are optimistic about WASCO (WASCO, 5142, main board energy), with a target price of At RM1.43, it is expected that there is still room for growth of 42%.

In the long term, we believe Huasike can seize the opportunities brought by the global energy transition wave and leverage engineering, procurement and construction (EPC) and pipe-coating capabilities to achieve sustainable growth in the bioenergy sector.

As of the third quarter of 2023, Huasike holds orders worth RM3.6 billion, 92% of which are related to energy services, followed by bioenergy services (8%). The company is bidding for about RM7 billion in projects, mostly in the oil and gas sector in West Asia, Australia, Africa and Malaysia.

1 month ago

Dehcomic01

Wasco is a Bursa energy services company with a volatile ROE over the past decade. It ranged from negative 34 % to postive 12 % with an average of negative 3%.

Over the same period the ROE of my reference Bursa energy company – Dayang - ranged from negative 27 % to positive 22 % with an average of pos-tive 5%. https://ujianehc.blogspot.com/2023/12/dayang.html

Wasco did not perform as well as Dayang. But Wasco 2023 ROE based on Sep 2023 LTM results show that it is around its historical high. And with the news about coming high crude oil prices, it may mean that the 2024 ROE will also be good.

When you compare Wasco ROE trends with the market price, you can see a reasonable correlation. But the current market price has yet to reach its historical high. Is this a short term investment opportunity?
https://i.postimg.cc/TYTvSy6J/Wasco.png

1 month ago

Vincent8864

WASCO already RM1.25 congratulations to thus bought below RM 0.60!!! 100% gain already!😊😊😊

4 weeks ago

ychong88

still have story can carry on the uptrend ? or reverse to downtrend ?

3 weeks ago

Vincent8864

Italian mafia buying. Must be big project announcement soon.

3 weeks ago

ychong88

hopefully can get another round up

3 weeks ago

Why2TellMeWhy

1.50 incoming. hehe

2 weeks ago

ychong88

when ? sure or not ?😀

2 weeks ago

Why2TellMeWhy

HODL. hehe. 2.00 after 1.50. Correction no problem. Janji don't break below 1.0

2 weeks ago

Why2TellMeWhy

Incoming incoming. Hehe

1 week ago

Vincent8864

WASCO posted highest revenue 800 million and highest profit 35 million since Dec 2017.

On 28th Feb 2018 WASCO reported the highest revenue, highest profit ever for QR ending Dec 2017. Share price peak at RM 1.65 and moving south after the peak.

This round how far the share price could go??

2 days ago

Why2TellMeWhy

1.50 >> 2.00

2 days ago

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