time to buy

Time to buy?

Time to buy?

Time to buy?

Clj Jun,马后炮。

one of the stocks in my radar now,hopefully not too late.

yah,thumbs up to you too, you asked me to search for their reports...and this is what i found...hahaha...hopefully it's help all who wants to invest in this company

An article posted in 11 Sep 2013.

WELLCAL is a very good fundamental company, it has a lot other plus points as below:
1) Dividend Policy 50%
2) Product for niche market (O&G, F&B, weld & mining and chemical)
3) Recurring business as the industrial hose average life span is around 6-12 months)

Back to 2011, the reason i bought WELLCAL is because of its business has been growing up well when i first noticed it in 2011. The revenue was growing strongly, but profit didn't grow at the same pace. As a serious investor, we should always try to find out the reason if there is something we are not sure. And, you will be rewarded at the end. I found out that the reason behind of it, it was because the rubber price has been going up drastically in 2011 and it caused the margin profit of WELLCAL dropped since the rubber is the main raw material of WELLCAL. The good news is, the rubber price was dropping when i decided to buy it. So, i am quite sure that the profit will be improved in near future if the revenue can be maintained.

My Investment Result

I gained more than 100% from initial capital, this is not included the dividend that i received over past few years. The most wonderful fact is that i'm receiving more than 13% dividend yield from WELLCAL this year. This is the beauty for being a real investor.

About Future
After completing the new plan in mid of 2014, there will be a 70% jump in its current production volume. So, i am expecting at least 50% improvement in the revenue & profit after the new plan commence. Below are the simple calculation to project its future prospect based on the latest quarter result (Q3 of 2013).

Current Quarterly Net Profit = RM6.8mil
New Quarterly Net Profit = RM6.8mil x 1.5 (50% jump in revenue & profit) = RM10.2mil
New Annually Net Profit = RM10.2 x 4 = RM40.8mil.

This is also equal to earning per share of RM0.30. With its dividend payout for past few years, there is a very good chance to get 25-30 cents dividend after commencing the new plan.

About Future
After completing the new plan in mid of 2014, there will be a 70% jump in its current production volume. So, i am expecting at least 50% improvement in the revenue & profit after the new plan commence. Below are the simple calculation to project its future prospect based on the latest quarter result (Q3 of 2013).
**Some post i sought out in the net

Thanks for your info,fb2.

Fb2, i notice the substantial shareholder consist one fund called Mondrian markets small cap fund(what fund is this,you have any idea?) and lots of it foreign funds but no local big fund like EPF,PNB,etc

what is the highest & lowest price for hup seng? anyone ?

noted with thanks. I will look into it.

when is the qtrly report out?

what good news is there?

time to buy now?

time to buy now?

time to buy?