Tomm, will test 0.26.

Thanks to seller , add more into my busket...not to worry...happy collecting

Buy at 0.225 and 0.23, waiting for good news....

Tomorow sure Green....if not I will collect more...

Get ready.....

Insider collecting at 0.255 and 0.26, what happened after 0.26, they know something positive that why the price support at that level, after news comes out, retail investor will chase to buy, it too late, better buy now rather you miss the ship, not a boat.

Hai ya, jatuh sikit sudah takut ka.....next week kasi goreng maaa...huat huat

Tomm sure fly ....buy more...

I setuju dengan u LuckyBertuah, you pun kena jual dulu....mesti naik menggunung u..

today sure red ....

Hi U all, Im still alive, 0.245 and 0.25 will be support line for Widad, below than that I will sapu bersih.....Love u all - #Widadalivenotwedead

tomorrow will be the scary day...a lot of contra player will run ...

Tomorrow Widad will test 0.28-0.30....

Berbakul-bakul I beli....kalau I beli lagi , nanti u All tak dapt beli...

Buy more tomm, dont miss the boat, the show will start ....just follow what papaya said...beli saja , harga murah...kalau sudah naik 0.40cent jangan menangis..haaaa

I pun takut nie...rasa dah dekat 50% pegangan nie...haaaaa

collect....why worried...sure fly..

Cantik, tommorrow down, next week down, next year down....lastly..closed...kikikikikikikiki

Big news coming next week

This is not political forum....OPMS and sell

Keep buying still got bullet...waiting good news..

ECRL, Bandar Malaysia, Infrastructure etc ...as per Tun M said there will be Bumi company participation..WIDAD one of the best Company, my opinion LTH, KWSP, LTAT will look into potential Bumi company such as AZRB, WIDAD etc....the best time to collect construction company. My target price for WIDAD @ 0.40 within 1 month.

NOT many companies can claim to provide building maintenance support services for Malaysia’s royal palaces.

Those familiar with the industry say that Widad Group Bhd is the integrated facility management (IFM) firm best known for undertaking such jobs.

“It’s a very unique business. We have done some IFM jobs for sultans from various states. We need to work very hard and deliver great services,” managing director Datuk Dr Mohd Rizal Mohd Jaafar says in his first interview with The Edge following the completion of Widad’s reverse takeover (RTO) of industrial labels manufacturer Ideal Jacobs (M) Corp Bhd.

[X] CLOSE
Sponsored Content
volume_off
pause
fullscreen
“Our people are on the ground 24/7,” the 44-year-old declares, pointing to daily routine inspections, ad-hoc maintenance and upgrading works, as well as the maintenance of cleanliness.

With the support of its in-house specialists, strategic partners, consultants, purchasing team, suppliers and sub-contractors, Widad is able to provide total solutions to its IFM clients, and in a timely fashion.

“We have to respond to the clients’ requests within a certain time frame, depending on the priority and sensitivity. When the VIPs are coming, we have to make sure that everything is in order,” says Rizal.

Last July, Tan Sri Muhammad Ikmal Opat Abdullah, via his flagship company Widad Business Group Sdn Bhd (WBG), emerged as a major shareholder in Ideal Jacobs with a 72.62% stake. Consequently, Andrew Conrad Jacobs and Datuk Meng Bin — the then executive chairman and managing director respectively of Ideal Jacobs — ceased to be indirect substantial shareholders.

In the RM520 million RTO deal, Ideal Jacobs acquired Widad Builders Sdn Bhd from WBG to enable the company’s diversification into IFM and construction.

Widad generated a net profit of RM19.3 million on revenue of RM283.4 million in the financial year ended Dec 31, 2018, with the construction division accounting for 65.2% of total revenue. But for a one-off RTO expense charge of RM7.1 million in its consolidated statement of profit or loss and other comprehensive income, the group would have recorded a profit before tax of RM35.6 million.

“Our group’s performance is quite stable. Although there is a slowdown in the construction sector, we still have the higher-margin IFM business, which provides recurring income, to cushion the performance of our construction division,” Rizal explains.

Suffice it to say that Widad is highly profitable for an ACE Market-listed company. Not surprisingly, it is seeking a transfer to the Main Market by 2020.

“For our bottom line, we are targeting a growth of at least 10% every year. Our job is simple — we need to replenish our order book by at least RM500 million a year. Our outstanding order book is about RM1 billion, which should keep us busy until 2022/23,” says Rizal.

Despite the challenging business environment, he remains optimistic given Widad’s ongoing projects and potential to clinch new contracts from its RM5 billion of target submissions this year.

To date, the group has participated in tenders from the public and private sectors worth close to RM1 billion, half of which are from the construction sector and the other half from two potential IFM projects, Rizal reveals. “Based on our financial strength and track record, we are confident of securing at least one IFM job. There are not many IFM players in Malaysia,” he says, adding that new jobs could come “possibly from universities and hotels”.

In 2015, he joined WBG as group CEO and is currently responsible for strategic and day-to-day business direction and performance.

At present, Widad has two major IFM contracts — Istana Negara (National Palace) in Jalan Duta, Kuala Lumpur, and Johor Baru Sentral. The five-year JB Sentral contract, worth RM200 million, expired last year but was extended until end-March this year.

Rizal says Widad has submitted a tender for a contract extension of two to three years, and is now awaiting the bidding results, which should be announced “very soon”.

However, he would not reveal the contract value of the National Palace IFM job, only saying that Widad had secured a three-year contract in 2012 that ran until 2015 and that it was extended for another seven years to 2022.

“Beyond 2022, it really depends on our performance. Yes, the contract is renewable but it is not automatic. We will have to go through another round of tenders — that’s how it works.

“Istana Negara monitors our performance very closely. There are certain KPIs (key performance indicators) and we have achieved 98% to 99% [of them]. We performed excellently in the first three years. That’s why we received the seven-year contract extension.”

Previously, Widad only focused on pure construction and IFM jobs. But now, the group hopes to do both concurrently as a “key strength”, since the segments have synergies that can be achieved.

Rizal says Widad can construct a facility and then manage it for its clien

Widad is also currently “eyeing” rail-related construction projects and the asset management business.

“We are exploring opportunities in the construction of rail assets as the government is relooking at focusing on the rail sector, such as LRT3 [Light Rail Transit Line 3] and ECRL [East Coast Rail Link]. We are looking at establishing a rail division and actively engaging with experts in this segment,” Rizal revealed

Today is Ekovest day, yesterday is ECONPILE day, tomorrow will be IWCITY day but remember there is a day ...a day for WIDAD... be patient..

How to get new project...WIDAD is not PH darling...

Monday die....sellllllll....

tomorrow will collect some more, AZRB and ECONPILE already fly, next WIDAD...dont miss the boat...if you can see support line at 0.31cent...contra player already burnt, not to worried.

buy more, not to worried...be patient, Widad will become big and profitable, 0.30 cent will become history for Widad.

Wait and see will kebaboom...

keep invest....good company...CPO lower, not bcz of bad management...

0.15

Agree with u Satha44, better accumulate now, I believe this counter will test 0.35 - 0.40. Six month target 0.60

45 to 50 next week...

PH also a lot of anjing kurap.....hahahah

Crony like PH..all sapu and we kena...puiiii

What u give to PH, You get back..hahahah

What u give you get back..hahaha

What u give u get back..haahaa

What u give you get back...

Just ignore negative comments, just collect as much as u can....I believe Reach will touch RM1.00 1st qtr next year....

https://www.thestar.com.my/business/business-news/2018/09/08/turnaround-within-reach/

https://www.investing.com/news/commodities-news/chinas-august-oil-imports-rise-6-percent-as-teapots-return-to-market-1602912

Kak Limah always agree with u B4B4, Kak Limah keep buying and waiting reach touch 1.00

How to operate HIBISCS, REACH stocks in reverse thinking

Last time, the author mentioned "how to get rid of complaints and move toward reverse thinking."

The reverse thinking here is not the so-called bargain-hunting to buy stocks, hoarding it to wait for it to rise.

If you haven't read the previous article, "How to get rid of complaints and move toward reverse thinking."

You can click here https://klse.i3investor.com/blogs/RoadtoSuccess/143095.jsp

This article will focus on how to get rid of life complaints and operate 20-50% Return stocks through reverse thinking.

How to operate a 20-50% return stock through reverse thinking, here is a recent practical example.

1) First, let's first analyze the trend of international crude oil prices.

The trend of international crude oil prices is the most significant response to the political situation in the United States and oil-producing countries.

In particular, the recent tension in Iran has prompted the rebound in international crude oil prices.

The second is the movement of the US dollar and the US dollar index.

In particular, the recent US dollar index is weak, almost falling below a three-year low, supporting the rebound in crude oil prices.



This graph shows that the US dollar index is challenging a three-year low.

The third is supply demand

Although the OPEC production reduction policy continues to be implemented, its influence on the current trend of crude oil prices is relatively weaker than the former two.

The fourth is the introduction of the upcoming 18/1/2018 China crude oil futures.

Will this be the forefront of the world economic hegemony in the United States in the 19th century to gradually seize the former hegemony of Britain?

Will China's renminbi gradually let its currency outflow through the commodity market and indirectly replace the US dollar?

Will the introduction of China's crude oil futures drive the volume of crude oil trading and support the recovery of chips? Worth pondering.

2) Let's analyze what listed companies in Malaysia will benefit directly.

PETGAS, HIBISCS, REACH are all upstream oil and gas industries.

-PETGAS Because it is a government-linked company, involving a variety of oil and gas business, the stock price is high, not suitable for public operation.

-HIBISCS is not suitable for deployment because the author bought it at RM0.71 in advance, but can do additional code points.

Let me talk about why I did not operate REACH a while ago, and now put it into the observation ranks to buy.

1) First of all, the stock I want to operate must have an upward trend, remember not to think about how to copy the bottom.

2) Second, whether it meets the short-term and medium-term gold crossover (EMA 25 cross EMA50) in the technical indicators, and stands firm EMA25.




At that time, probably in mid-November, I was involved in HIBISCS at this position close to RM0.71.

Although there is a break below EMA25, the whole is still guarded by EMA50.

KakLimah waiting reach to reached 0.80....as I told u all before, don't miss the boat...still got space...

Anybody want to sell, please sell to KakLimah....Thanks God

Everyone will cry to see Reach price at rm 0.80....don't be late, pak sharul hamid informed me that Reach will fly above the sky....

Kak Limah happy to collect Reach share at 0.25 and warrant price at 0.06.....Thanks God

if revenue can reach rm60m, for sure by end of this year reach share price can reach rm0.80. If not Hantu Kak Limah will balik rumah SHARUL HAMID