WEGMANS HOLDINGS BERHAD
KLSE (MYR): WEGMANS (0197)
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Last Price
0.16
Today's Change
-0.005 (3.03%)
Day's Change
0.16 - 0.16
Trading Volume
172,200
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
3 people like this. Showing 50 of 632 comments
DPS (7198): From furniture maker to a potential property player - Sujibaby
https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-16-story-h1...
2021-06-16 13:58
50 cents for this stock ... Remember those coming on the pending orders to be deliver
2021-07-06 12:08
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
2022-08-24 22:15
QR1 2024 announcement @ the end of this month... Hope for a good results...
2024-05-08 21:35
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%
2024-05-28 20:11
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.
2024-05-30 22:10
The most super slow stock I’ve seen.. Everything is good but cannot go up.. I’m out..
2024-06-12 11:42
Hot money not yet into furniture stocks, hold tight, the day for wegmans will come soon or later,
2024-06-14 09:06
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...
2024-07-29 22:24
Base on my BRIEF study on the QR2 2024 (The latest QR) of Wegmans:
(Note: A comparative figures from QR1 2024 included)
A: Revenue, profitability and NTA.
Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
22,223K 2,206K 1,553K 0.28sen 24sen Down 63% Down 57%
B: Sitting on positive reserve / Retained profits of RM85,299,000. It means, the company is a profitable company.
C: Has a moderate cash and cash equivalents of RM 18,387,000.
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.
E. 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 24 sen _ , QR1 2024 @ 24 sen.
2. NOSH 550.54 mil _ , QR1 2024 @ 550.54 mil.
3. EQUITY
Share Capital RM 68,155,000 _ , QR1 2024 @ RM 68,155,000
Treasury shares (RM 94,000) _ , QR1 2024 @ (RM 94,000)
Merger defisit (RM 22,100,000) _ , QR1 2024 @ (RM 22,100,000)
Retained profits RM 85,299,000 _ , QR1 2024 @ RM 83,746,000
Equity Attributable To Owners Of The Company RM 129,707,000 _ , QR1 2024 - RM 128,206,000
Non-Controlling Interest RM 1,621,000 _ , QR1 2024 @ (RM 1,575,000)
TOTAL EQUITY RM 132,881,000 _ , QR1 2024 @ RM 131,282,000
4. Cash and Cash Equivalent:
Deposits, bank and cash balances RM 18,387,000 _ , QR1 2024 @ RM RM18,243,000
5. Assets:
Current Assets RM 69,307,000 _ , QR1 2024 @ RM 70,774,000
Non-current Assets RM 113,923 _ , QR1 2024 @ RM 115,238,000
TOTAL ASSETS RM 183,230 _ , QR1 2024 @ RM 186,012,000
6. Liabilities:
Current Liabilities RM 21,879,000 _ , QR1 2024 @ RM 24,555,000
Non-current liabilities RM 28,470,000 _ , QR1 2024 @ RM 30,175,000
TOTAL LIABILITIES RM 50,349,000 _ , QR1 2024 @ RM 54,730,000
7. QR2 2024 results
- Revenue RM 22,223,000 _ , QR1 2024 @ RM 34,700,000
- Profit before tax /(loss) RM 2,206,000 _ , QR1 2024 @ RM 5,572,000
- Net profit/ (Net loss) RM 1,553,000 _ , QR1 2024 @ RM 4,282,000
Note 1:
For the current financial quarter ended 30 June 2024, the Group’s revenue has decreased by RM12.48 million or 35.96% to approximately RM22.22 million as compared to approximately RM34.70 million in the preceding financial quarter ended 31 March 2024. The lower revenue was mainly attributed to the lower sales volume from North and South America.
The Group registered a profit before tax of approximately RM2.21 million for the current financial quarter ended 30 June 2024 as compared to a profit before tax of approximately RM5.57 million for the preceding financial quarter ended 31 March 2024. The lower profit before tax was mainly due to the lower revenue generated.
Note 2: Prospects
The Group confronts global economic uncertainties, increased production costs, and foreign currency fluctuations. However, the strengthening of United States Dollar (“USD”) against Ringgit Malaysia is expected to offset the negative impacts as majority of the Group's revenue are denominated in USD.
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.
2 months ago
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4.9 / 5.0
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Newmaster
TP may go above 50 this round, just be a little patient
2021-05-06 10:16