WAH SEONG CORPORATION BHD

KLSE (MYR): WASEONG (5142)

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

Last Price

0.865

Today's Change

+0.015 (1.76%)

Day's Change

0.85 - 0.895

Trading Volume

1,123,700

Overview

Market Cap

670 Million

NOSH

775 Million

Avg Volume (4 weeks)

1,664,931

4 Weeks Range

0.755 - 0.93

4 Weeks Price Volatility (%)

62.86%

52 Weeks Range

0.50 - 0.93

52 Weeks Price Volatility (%)

84.88%

Previous Close

0.865

Open

0.855

Bid

0.865 x 75,700

Ask

0.885 x 5,000

Day's Range

0.85 - 0.895

Trading Volume

1,123,700

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2023 [#1] | 23-May-2023

Next QR | Est. Ann. Date

30-Jun-2023 | 25-Aug-2023

T4Q P/E | EY

63.67 | 1.57%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.77 | 1.12

T4Q NP Margin | ROE

2.59% | 1.77%

Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Description:

Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (?EPC?); fabrication and rental of gas compressors and process equipment; Exploration and Production (?E&P?) of products and services; renewable energy and infrastructure materials and services. The company serves the plantations, oleo chemical, petrochemical and power generation industries. It also manufactures large diameter spiral steel pipes in Malaysia. Geographically the company is spread across Malaysia, Europe, India, China, Australia, Canada, Middle East, East Asia, Africa, and Latin America.

Discussions
3 people like this. Showing 50 of 2,522 comments

tanrich

And also rosmari marjoram https://www.nsenergybusiness.com/projects/rosmari-marjoram-sour-gas-project-malaysia/

Australia Shell Crux is in the bag?

1 month ago

Vincent8864

Today suddenly breakout. Good news coming?

1 month ago

Davidl

New project coming soon?

1 month ago

tanrich

Not new project. NEW PROJECTS!

1 month ago

CyrusQ

Heading to South ?

1 month ago

ychong88

temporary heading to south

1 month ago

CyrusQ

No progress for today ?

1 month ago

CyrusQ

Holiday ?

1 month ago

CyrusQ

ychong88

temporary heading to south

# ~~~~~ System Down ~~~~~

1 month ago

ychong88

hahaha...yup...system down

1 month ago

CyrusQ

Heading further to south ?

1 month ago

CyrusQ

Everyday new low .... bravo

1 month ago

CyrusQ

50 cent on the way

1 month ago

CyrusQ

40 cent ....

1 month ago

armadatuah2017

not much use. so many projects but failed to secure profits. their Batam Yard is badly managed, not producing results

1 month ago

armadatuah2017

boleh tahan this company. even with massive losses, they still able to maintain the price

1 month ago

armadatuah2017

any idea on their next quarter report release?

1 month ago

bojed

Bullish engulfing candle last Friday. Let's go!

3 weeks ago

ychong88

recently is downtrend......

3 weeks ago

armadatuah2017

when is the next quarter report from Waseong? any idea?

3 weeks ago

CyrusQ

10 cent otw

3 weeks ago

CyrusQ

5 cent .....

3 weeks ago

CyrusQ

Gone Case ........

2 weeks ago

armadatuah2017

cantik waseong. good for contra.

2 weeks ago

Vincent8864

This CyrusQ is a crazy guy? Wah Seong never go lower than 0.40. This company doing international projects. Haiyah do some research please don't just post rubbish here.

2 weeks ago

lloydlim

Coming QR should be better than expected!

1 week ago

Vincent8864

New project coming soon.

1 week ago

lloydlim

Looking forward to trade at price above 1 soon

1 week ago

Davidl

Once blockage@0.90 has been cleared, next target 1.10

1 week ago

CyrusQ

Fulamak ... sudah naik .... , reaching 2$ soon ... fast keep buying while last stocl.

1 week ago

Vincent8864

CyrusQ are you crazy? 2 weeks ago you said 5 cent and gone case. Today you say $2.

You got brain or not?

1 week ago

Jerichomy

Wah waseong…hopefully don’t become like Bumi Armada haha

1 week ago

Jerichomy

Sunset industry and sabah and sarawak cari makan from Oil and Gas haha

1 week ago

Jerichomy

This malaysia democracy

If you don’t like, you can go bek to communist china

CyrusQ
Fulamak ... sudah naik .... , reaching 2$ soon ... fast keep buying while last stocl.
6 hours ago

Vincent8864
CyrusQ are you crazy? 2 weeks ago you said 5 cent and gone case. Today you say $2.

You got brain or not?
5 hours ago

1 week ago

Jerichomy

From heng yuan



kebling98
Coming report, eye on derivatives yah
If the deriviatives loss had turn around lei
meaning forwards, hengheng will start enjoying derivatives gains loh

After petron results out , petron will move to 5
Hengheng will follow a bit and if hengheng result is good good one
Hengheng fly back to 4.2-4.6

If tapis price keep at this low level lah
than in Year end , petron and hengheng maybe back to 6 -7 loh


Hehe , above is my sifu sifu say one at dinner yah
not me yah
Kebling lose many money in hengheng last year. Waiting to buy back hengheng to take my money back lah

Cauca panas
Need money pay TNB bills lah

Already bought petron / Hengyuan high risk high gain



2 days ago

1 week ago

lloydlim

Time to challenge 1.00

1 week ago

CyrusQ

Vincent8864

New project coming soon.

Apa Project , kasi share link ..... ,

6 days ago

Vincent8864

No link, insider news.

6 days ago

Jerichomy

Post removed.Why?

6 days ago

CyrusQ

lloydlim

Time to challenge 1.00

# Flying to 2 .... keep stock while last

6 days ago

CyrusQ

Vincent8864

This CyrusQ is a crazy guy? Wah Seong never go lower than 0.40. This company doing international projects. Haiyah do some research please don't just post rubbish here.

# Really ? KNM similar ... ... ... ?

6 days ago

CyrusQ

first come first serve .. cheap pizza ...

6 days ago

CyrusQ

Belie .. Jangan x belie

6 days ago

Davidl

QR is good! More to go!

6 days ago

lloydlim

Time to accumulate!

5 days ago

Vincent8864

Revenue contribution from key projects in Q1 are not significant yet. We are expecting higher revenue contribution from key projects in next quarters.

Example the East African Crude Oil Pipeline (EACOP) project 20% are facility construction and pipeline coating 80%. Revenue recognized from facility construction only up to 50% since last quarter which is about 10% of total project value. 90% of project value will be recognized from next quater until 1st quarter of 2025.

Contribution of Yinson`s Agogo FPSO also insignificant in Q1, 2023. More contribution in next quarter onward.

New project to be announced are Qatar Energy pipeline project extension or phase 2. Expected another FPSO related construction project in 2nd half this year.

5 days ago

tanrich

Not to forget Rosmari project. Starting in Kuantan in July until end 23.

https://www.shell.com/media/news-and-media-releases/2022/shell-invests-in-rosmari-marjoram-in-sarawak-malaysia.html

4 days ago

Vincent8864

Agreed key projects revenue still not recognized in Q1, 2023. Expected peak toward the 2nd half of 2023.

More excited projects announcement coming soon. Conclusion hold it and buy more on discounted price.

4 days ago

I-BeAm Khong

Bahrain’s Tatweer Petroleum is expected to award the engineering, procurement and construction (EPC) contract for its Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 in the second quarter of 2023, a source close to the project told Zawya Projects.

The upstream oil and gas company is undertaking a field development project to increase oil and associated gas production in its Bahrain Oil Field.

The tender for the EPC contract was issued on 21 November 2022 with bid submission deadline of 5 February, according to the Bahrain Tender Board.

The source said the technical bids were opened on 6 February 2023.

“Bid evaluation is ongoing. All six bidders’ documents were accepted, and the award is expected in May 2023,” the source said.

The bidders include Enerflex Middle East, Jereh Oil & Gas Engineering Corporation, Wasco Engineering International, Woodlands Energy Services Company, Petrofac International Bahrain, and TDE Overseas.

The project, with an estimated value of $200 million, is expected to be completed by the fourth quarter of 2025, the source said.

The scope of work, according to Tender Board, incudes design, procurement, fabrication, installation, testing, pre-commissioning, commissioning, and start-up of three compression stations CS12, CS13, & CS14 to increase the Bahrain Field’s total compression capacity and for enhanced oil recovery purposes.

4 days ago

Post a Comment