WANG-ZHENG BHD

KLSE (MYR): WANGZNG (7203)

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Last Price

0.68

Today's Change

-0.01 (1.45%)

Day's Change

0.655 - 0.68

Trading Volume

13,000

Profile
WANG-ZHENG BHD

Exchange:  Bursa Malaysia Bursa Malaysia

Country Code:  MY MY

Currency:  MYR MYR

Sector:  CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES

Subsector:  HOUSEHOLD GOODS HOUSEHOLD GOODS

Index Group:  CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES

Category:  ORDINARY SHARE ORDINARY SHARE

Syariah Flag:  Yes Yes

Short Sell Flag:  No No

IDSS Flag:  No No

Description

Wang- Zheng Bhd is an investment holding company principally involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products and processed papers. The group has two reporting segments namely Processed Paper Products Segment and Disposable Fibre-Based products segment. The process paper segment includes activities mainly comprising of imports, processes and distributes various types of paper products and manufactures corrugated carbon boxes. The disposable activities mainly comprise of manufacturing and distribution of disposable fiber-based products. The majority of the company's revenue is derived from Malaysia.

Address

No.1 Jalan Utarid U5/19 Section U5, Shah Alam, Selangor Darul Ehsan 40150, Malaysia

+60378013333

http://www.wangzhengberhad.com

Discussions
1 person likes this. Showing 50 of 437 comments

limen12

wangzheng hit below RM1 nowadays, people slowly disposing bit by bit

2019-06-28 23:25

limen12

hi oldchinaman, please share once you have details here. I will check day to day. thanks

2019-07-01 17:44

limen12

okay. I will check back on sunday. thanks

2019-07-03 14:17

limen12

any updates? @oldchinaman

2019-07-19 10:54

oldchinaman

drypro malaysia facebook, can have some LATEST PRODUCTS INFOS.

2019-07-21 01:01

limen12

I see. Looks like they launching new products. Waiting for some expansion news into other countries.

2019-07-24 16:19

limen12

Any update ?

2019-08-01 14:54

Danchan

This is a money making company with strong cash flow. I reckon, it’s worth investing. Great morning to all

2019-08-05 05:56

limen12

Wonder when only WZ will show outstanding performance ?

2019-08-16 19:32

limen12

price is falling, no one support. no one have confidence on this company as management no give any update

2019-09-04 15:07

cinapeh

drypro malaysia has promotion sales @ TLM baby expo at SHAH ALAM CONVENTION CENTRE on 6th - 8th sept 10 am to 9pm

2019-09-05 14:53

limen12

Market is weighing down on WZ. The price keep going lower

2019-09-25 13:51

limen12

Does anyone have any link to any e-commerce site to show WZ entrance in Indonesia and Vietnam?

2019-10-01 17:04

limen12

No one? I guess WZ still havent expanded out yet, although management have mentioned their intention to do so by this year, sad

2019-10-14 14:08

limen12

@oldchinaman what is happening ? CEO is selling his stake?

2020-01-07 23:10

calvintaneng

Already told you guys the modus operandi of new Hong Kong owner

Their interest is not to see Wangzng making more money

They took over yilai to get it's material cheap at below market prices for their own factories for China market

So Wangzng is only now a tool for them

Price of Wangzng will be very mediocre from now while they enrich their companies in Hong Kong

Should just sell and forget about Wangzng and buy Nfcp stocks like Netx Redtone or Opcom to recover back your capital from losses in Wangzng

2020-02-19 11:29

simon

Sifu Calvin is right, last year i already sell and buy Nfcp stocks.

2020-02-19 12:39

oldchinaman

hope management can declare some special dividend.,cash/bank balance 117m

2020-04-10 00:11

oldchinaman

10% special dividend only cost 16m, still have 101m cash / bank balance

2020-04-10 00:13

Sebastian Power

look back to this company again. Actually the management very bodoh, they should take should change come production line to produce masks. Very easy for them to do actually

I think @oldchinaman is right. Possible DIV soon (but don't hope stingy traditional cina boss will so generous). Hahahaha

2020-05-05 14:58

limen12

They are selling mask Sebastian Power. Please look for WangZhengCare at lazada and Shopee. And they are selling in Giant as well

2020-05-05 18:49

oldchinaman

Sebastian Power, the management told manufacturing MASK must apply special permit, no anyone can do

2020-05-05 23:17

oldchinaman

their mask are import from china, very high good quality

2020-05-05 23:19

limen12

but, I think their sales might be affected by MCO as fewer people go shop. so expect lower sales this quarter

2020-05-05 23:57

oldchinaman

they are selling necessity goods, i don't think their products are affected

2020-05-05 23:59

limen12

@oldchinaman do you have any views on management expanding into Indonesia and Vietnam ? It was mentioned in their AGM that they want grow to whole SEA, yet i don't see any progress in the expansion.

2020-05-06 00:02

limen12

@oldchinaman they are selling necessity goods, i don't think their products are affected.

But, even Nestle who sell everyday food released quarter profits that fell by 20%, as people not going out to spend.

My opinion is that the sales and profit will fall, but I don't know what extent only. Hopefully, cost is controlled so that they avoid qtr loss.

2020-05-06 00:11

oldchinaman

they supply some diapers to indo

2020-05-06 11:40

limen12

meaning they are still very conservative with their expansion in Indo and Vietnam. Hopefully will see them being more aggressive like how they are doing it in Malaysia

2020-05-06 17:20

limen12

if not, its going to be long time before we see any growth in this business.

2020-05-06 17:36

Sebastian Power

Last few days trading saw a strong queue at 81cents (hopefully it's not a wayang Hindustan).

I only want to wait and see how much DIV will declare. Should be this week la, Cannot be no DIV this year

08-May-2019 30-May-2019 DIVIDEND First and Final Dividend RM 0.04 Dividend Detail
24-Apr-2018 28-May-2018 DIVIDEND First and Final Dividend RM 0.04 Dividend Detail
27-Apr-2017 28-Jun-2017 DIVIDEND Final Dividend RM 0.03 Dividend Detail

2020-05-07 20:11

Sebastian Power

@limen12, you are right man!! The facemask they sell is hebat quality with reasonable price

Product details of 【restock】【collect RM 4 voucher】[Ship out in 1-3 working day] Banitore 3D 3Ply Surgical Mask (M size) 10 pcs x 1 Pack
Brand: Banitore
No. of pack: 1 packs
Pieces of Masks: 10 pcs (10 pcs / pack)
Type of Mask: 3D Surgical Mask
Standard of Masks: YY0469-2011
Ply of Mask: 3 ply
BPE ≥ 95%
Size: M / L
Mask size: M= 14.1cm x 8.7cm ; L =16cm x 9.5cm
Material : Spunbond Non-woven, Meltblown Non-woven
Shelf Life: 18 Month from manufacture date

https://www.lazada.com.my/products/restockcollect-rm-4-vouchership-out-in-1-3-working-day-banitore-3d-3ply-surgical-mask-m-size-10-pcs-x-1-pack-i898056629-s2221410624.html?mp=3&spm=a2o4k.10415192.cutImages_778371534.6

2020-05-07 20:13

Sebastian Power

hebatttt.. no seller

limit up later

2020-05-13 10:39

limen12

too little volume to push up. only a small amount of trader

2020-05-13 16:15

Sebastian Power

Moving forward, the Group will be focusing on growing its products expansion by continuing to
review the range of products offering to meet the customers’ demands. The Group foresees the
potential growth in disposable fibre-based products segment by working towards expanding this
segment with new marketing initiatives. The Group continues to explore which aim to leverage on and
emulate Hengan’s strengths in the production and sales of other personal hygiene products including
but not limited to sanitary napkin and diaper products to further diversify the Group’s business
operations and to expand the business to South East Asia market. The Board anticipates the Group to
achieve satisfactory results for the remaining of quarters of the year.

2020-06-22 16:45

tealeaf

fundamentally everything seems good.... but felt doubt on Chinese management, especially family type of management....

2020-07-18 15:52

Richard Lee

this counter wasting time, Better privitisation and delisted

2020-07-20 16:28

limen12

I agree to a certain extent to doubt the management in terms of their expansion to SEA for WZ, but at the same time I have seen their increased online presence and focus in Malaysia through their Hengan products into the Malaysian market. For those who invested, can go to AGM and inquire and talk to management about their plans moving forward. For those who have not, can put it in ur radar for future in case management prove to be good.

2020-08-02 16:52

Invest123

Uptrend. Good dividend 4.5 sen.

2020-08-17 11:10

Invest123

Once above 95 sen, expected to fly.

2020-08-17 12:29

limen12

i think need to wait for 2-3 quarters before this company show some growth

2020-08-24 22:24

DickyMe

Rubbish counter

2020-08-31 23:48

dompeilee

Bought Wangzng @ 90c

2020-09-01 16:08

Sebastian Power

rubbish company will turn into treasure soon

2020-09-02 19:53

Booyeah

Post removed.Why?

2020-10-10 08:23

amateurJR

zzz. What is happening here? lol

2020-11-19 13:13

Richard Lee

wayang?

2020-12-17 15:26

dompeilee

dompeilee Bought Wangzng @ 90c
01/09/2020 4:08 PM

In paper profit$ =)

2020-12-17 16:19

dompeilee

NEW substantial shareholder! Now the free float is only 69 mil shares!

2020-12-19 09:44

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