Just out too..

RM391m North-South Expressway Fourth Lane Widening Works
WCT Berhad (WCT) has bagged a contract for the Proposed Fourth Lane

Widening between Nilai (Km280.4) and Seremban (Km258.5), Package E,
worth RM391mn, from UEMB-MRCB JV Sdn Bhd. This was one of the potential
projects we expect WCT to secure, as highlighted in our previous report.
The contract sum is approximately RM391mn which include provisional sum of
RM10mn and prime cost sum of RM216mn respectively, and the works are
expected to be completed in December 2014 and contribute positively to the
group’s FY12-14 earnings and net assets.
The scope of works under the Contract include demolition and clearing,
earthworks for widening of formation in re-cutting of existing cut slopes and
widening existing embankment, retaining walls, ground improvement,
extension of drainage culverts, construction of new surface drains, widening of
bridges, extension of vehicular box culverts, relocation of existing utilities,
pavement and shoulder construction, overlay of existing pavement, guardrail
and fencing, traffic signs and road marking; and traffic management during
construction.
This brings the number of projects secured year to date to four with a total
contract sum of approximately RM1.1bn. With the remaining 6 months in FY12,
the group is on track to achieve its target order book replenishment of
RM1.63bn for FY12.
We understand that the group is bidding for the northern portion of the
widening works between Duta and Rawang as well.

Forecasts
As the job secured is within part of our forecast job replenishment expected by
the company for FY12, we maintain our FY12-14 earnings projections. We
maintain our new jobs assumptions of RM1.5bn for FY12-13 and RM2bn for
FY14.


Valuation
We roll forward our valuation to FY13 earnings and derive at a fair value of
RM3.52/share, based on 14x CY13 construction earnings and 10x CY13
property earnings. Given an upside of 43.7%, we maintain BUY call.

RM3.52/share, based on 14x CY13 construction earnings and 10x CY13
property earnings. Given an upside of 43.7%, we maintain BUY call.

Just out...come Monday WCT & WB cheong

- We maintain our BUY recommendation on WCT with an unchanged fair value of RM3.05/share on a 15% discount to its sum-of-parts value.

- WCT has announced on Bursa Malaysia that it has claimed a highway contract from the UEMB-MRCB JV. The contract is for the proposed fourth lane widening between Nilai (KM280.4) and Seremban (KM258.5).

- The contract value is estimated at RM391mil, and would include a provisional sum of RM10mil and prime cost sum of RM216mil. The entire works programme is scheduled to be completed in December 2014.

- We estimate this new contract will lift WCT's total new wins secured for FY12F to ~RM1.1bil, just RM100mil short of our RM1.2bil target for the year. We make no changes to our earnings forecast, as it already forms part of our new contract assumptions.

- The PLUS highway widening job is one of a few potential contracts that we had highlighted for WCT moving into 2H12.

- This makes up for our slight disappointment whereby WCT had missed out on the latest station works under the Sg.Buloh-Kajang (SBK) MRT project announced yesterday, where the group had put in two bids.

- WCT continues to be pushing for more jobs. We believe part of the RM1bil bond programme that the group had proposed earlier this week could be used to push for more future contract opportunities (including Private-Finance Initiative of PFI projects) or landbanking deals.

- Beyond this, future job opportunities include:- (i) West Coast Expressway; (ii) additional station works for the Sg.Buloh-Kajang MRT line; (iii) infrastructure opportunities within Iskandar Johor; (iv) Vale iron ore facility; (vii) KL International Financial District (KLIFD); (viii) Gemas-JB double tracking; (viii) Penang Traffic Alleviation plan; and (ix) building jobs within the KL City Centre. Abroad, it has lined up several bids ' including two packages of the Oman Expressways worth ~RM1bil.

- Furthermore, the successful launch of Paradigm may signify a re-profiling of WCT's earnings base to include recurring income, which accounted for ~15% of group operating profits in FY11.

- WCT remains one of our two top large cap picks within the construction sector. Valuations are undemanding at FY12F-14F PEs of 10x-13x.

Friday profit taking day. Next week we will see WCT & WB move north....together we shall march on.....cheers.

mana boleh jual anak sendiri brother ...memang nak sayang, nati anak boleh dapat chuchu , haa, haa, haa

Cheers brother Namoyaki Takarajima & have a great weekend with your family....stay safe always will you..take care my friend.

Come Monday onwards we shall all start a new battle with WCT & WB & with directors joining in, we shall prevail.

Cheers

Brother Namoyaki Takarajima , BIMB not selling on Friday only, hee, hee, hee & they are selling their own shares.haa, haa,haa

Wonder if other banks sell it's own subsidiary company's share?


How about RHB selling it's own OSK shares?

Cheers.

Wait till the company announce it brother Jim Yeoh...now nobody knows....cheers.

If Takaful is so good, then why BIMB itself is SELLING, please ask yourself this simple question.

Cheers.

Brother messiBarca, don't think too much about Takaful ...it's just 10 lots buying at 1 or 5 cents higher, not much buying actually & if you notice that BIMB is selling & selling....so it definately cannot go so up but will surely drop hard one of these days.

Friday, 13 Jul 2012

5:05PM BIMB HOLDINGS BERHAD (50,000 Shares Disposed)

Thursday, 12 Jul 2012

5:08PM BIMB HOLDINGS BERHAD (200,000 Shares Disposed)

Wednesday, 11 Jul 2012

5:05PM BIMB HOLDINGS BERHAD (100,000 Shares Disposed)

Tuesday, 10 Jul 2012

5:15PM BIMB HOLDINGS BERHAD (140,000 Shares Disposed)

It's you all small retailers are buying 10 lots only to push it but the more you push the more BIMB sells & the ones buying high will end up holding it.

Cheers.

From what I notice today, BIMB will surely go down...if you all notice that someone throw down 424 & 1955 units at 4.07pm at 9 cents cheaper?....yes the 'PINKISH ONES SELL" is from unknown source and most likely it's the directors I presume.

Go buy BIMB HA as BIMB is definately going down & warrants HA series is different from the CA series as the more BIMB drops the higher HA will go...so get it now at 6 cents before it's gone.


10 more months to play & don't tell me that BIMB won't drop from it's present high?

Next week directors can buy & so they set up roadblock from WCT going high so that they can buy cheaper next week & then collect their coming dividend of possible 5 cents, coming 2nd quarter results should be good as are the previous quarter reports.....now that's what I think.....some sort of "wait for me"....with a project of $360+ million and today NOT 1 SINGLE CENT UP I DON'T BELIEVE.....if other counters with such a big project surely it will shoot maybe 10 cents.

Brother taxi , closed period is for directors to buy or sell but I presume they will start buying probably because of the coming good quarter report & dividend of 5 cents too. Today is shopping day as come Monday I presume you won't get such a price as today with the announcement of the $360+ contract.

Cheers

Next month expect good quarter results & a dividend of around 5 cents will be declared too.

Cheers

I think the sharks know that the 2nd Qt results is good and that what I think that some collected about $6 million worth of WCT shares 2 days before & if you were to pay attention as to who are buying WB today, you will know is the directors I think....at 34 cents & 34.5 cents you see the pinky ones buying...unknown source?

Cheers

Brother , if I am not mistaken it next month & the close period on 16th which means that directors want to buy/sell shares during the closed period.

More..what a closed period means...


Definition of 'Close Period'
The time period between the completion of a listed company's financial results and the announcing of these results to the public. The close period is typically regarded as the one-month period preceding the release of a company's quarterly results, and the two-month period before the release of its annual results.
Investopedia Says
Investopedia explains 'Close Period'

The close period is intended to prevent trading in a company's shares by its insiders ahead of the public dissemination of its financial results. This is because the insiders may be privy to information that is not yet in the public domain, and may be tempted to "jump the gun" with regard to their company shareholdings.

For example, if a company has unexpectedly had a disastrous quarter, its shares may be expected to plunge once the financial results are released. A corporate insider who sells some or all of his or her shares in the company before the news is released to the general public would be subject to severe sanctions from the regulators, including disgorgement of profits if any, fines and even incarceration in extreme cases.

You go in today, you get FREE warrant worth at least 10 cents each & today Kenanga give a new TP of 74 cents....cheers.

What I predict this early morning comes true ...this...

Posted by chong > Jul 13, 2012 08:23 AM

Today WCT & WB should be up at least 5 cents & 2 cents respectively.

Cheers.

Guys & gals, I presume it's someone purposely preventing WCT from moving up by setting roadblocks. I think this is done to allow someone to collect cheaply but you can take comfort that WCT & WB price is still up & not down.

I guess we have to wait until that person had collected enough & then goreng perhaps.

Cheers.

Today WCT & WB should be up at least 5 cents & 2 cents respectively...hopefully off course. A contract worth more than $300 million is no laughing matter. All the best to all WCT & WB holders, together we march towards north.

And brother TuaHuat , please provide me with your email address and I will give you the full details, thank you.

Cheers to all.

And if I am not mistaken the FREE warrants is worth at least 10 cents value & you got 5 years to hold....correct me if I am wrong please.

Cheers.

I presume it's the major shareholder that push up the share price by 1 cent at the last queue to 50 cents. Today we see Censof goes up to 54 cents as today is the last day to buy for the free bonus free warrants.

Cheers.

If most of you follow my first call to buy WB at roughly 18 cents to 18.5 cents, you make plenty of money now, hee, hee, hee ...roughly you would have make 70%+ like me, yes, just about 2 months hold only. However, everyday I still keep buying to increase my holding volume in anticipation of WB moving higher as new jobs or projects are secure by mother WCT. My forum members mostly bought it at 18 to 19 cents when I first introduce & recommend WB to them...now they are a happy lot.

My first buying of WB at 18 to 18.5 cents of quite a substantial volume is still a virgin, still intact as I haven't sold any yet & waiting for more upwards swing to at least 40+ cents & if the WCT TP really reach $3.79 cents, then my virgin WB will be worth $1.29 but that is left to be seen. I will be satisfied if WCT were to reach the Trading Buy [3 months and we are into the 2nd month] TP of $3.10 cent, hee, hee, hee

To those new buyers even at yesterday price of 31.5 cents, I can say you can make it too. Increase your holding size as the WCT & WB price moves North like I do & you will increase the value of your 1st buy.

Let me remind you this...

We are now into 3Q2012 and how not to be optimistic when one research house says this...

We are maintaining our OUTPERFORM recommendation on WCT with unchanged TP at RM3.92 based on SOP valuation. We believe that 3Q12 will be an exciting period for WCT as we expect a few more contracts to be secured during the period. WCT is our top pick for the construction sector in 3Q12.


Yes, WCT is our top pick for the construction sector in 3Q12....not even Gamuda, IJM, Muhibbah, hee, hee, hee

More projects on the way for WCT, that's for sure...after receiving the Vale Project just about 2 weeks ago, we have WCT receiving yet any new project worth a few hundred million $$$...so what's next? KL Financial Center worth more than $1 Billion?

Cheers & good luck to all especially the newbies who just bought into WB yesterday at 31.5 cents.....today I hope that WCT will open at $2.50+ & WB opens at 33 or 34 cents, hee, hee, hee

Tomorrow should go higher.

New contract for WCT....yahooooooooooooo


OTHERS Award of Contract - The Proposed Fourth Lane Widening between Nilai (Km280.4) and Seremban (Km258.5), Package E
WCT BERHAD
12/07/2012 06:49:12 PM

Type Announcement
Subject OTHERS
Description Award of Contract -
The Proposed Fourth Lane Widening between Nilai (Km280.4) and Seremban (Km258.5), Package E

(1) INTRODUCTION

WCT Berhad (“WCT” or “the Company”) is pleased to announce that it has on 12th July 2012 accepted a contract for the Proposed Fourth Lane Widening between Nilai (Km280.4) and Seremban (Km258.5), Package E (“the Contract”) from UEMB-MRCB JV Sdn Bhd (formerly known as Intria Urus Sdn Bhd) (“the Master Contractor”) vide a Letter of Award dated 6th July 2012. The Contract sum is approximately RM391 million which include provisional sum of RM10 million and prime cost sum of RM216 million respectively.

(2) SCOPE OF WORKS

The scope of works under the Contract includes demolition and clearing, earthworks for widening of formation in re-cutting of existing cut slopes and widening existing embankment, retaining walls, ground improvement, extension of drainage culverts, construction of new surface drains, widening of bridges, extension of vehicular box culverts, relocation of existing utilities, pavement and shoulder construction, overlay of existing pavement, guardrail and fencing, traffic signs and road marking; and traffic management during construction (“the Works”).

The Works are expected to be completed in December 2014.

(3) FINANCIAL EFFECTS

The Contract is expected to contribute positively to the Group’s earnings and net assets for the financial years from 2012 to 2014.

(4) DIRECTORS' AND/OR MAJOR SHAREHOLDERS’ INTERESTS

The Directors and major shareholders of the Company and persons connected with them do not have any interest, direct or indirect, in the award of the Contract.

(5) APPROVALS REQUIRED

The award of the Contract is not subject to the approval of shareholders of the Company or any governmental or statutory authorities.

(6) STATEMENT BY DIRECTORS

The Directors of the Company are of the opinion that the acceptance of the award of Contract is in the best interest of the Company.



This announcement is dated 12th July 2012.

Good show for WB but mother I presume is someone purposely block it at certain level to allow somebody to collect cheap...goreng time will definitely come soon...just be patient please.

Cheers.

Bought plenty at 48.5 & 49 cents when people throw away....soon on the way to my bank hopefully. Love the bonus of FREE company's warrants, hee, hee, hee

Brother Pacino , I am a true Malaysia & residing in Malaysia too...just got the extra energy to help out the newbies here....cheers.

Brother nubhan , wonder where is the "5000 lots King" of yesterday?...hope he will appear soon, hee, hee, hee

Cheers & let's wait.

And ask yourself another question..this...will it go up to $4? If it will, then shouldn't the government yayasan & amanah WAIT TO SELL AT $4 & why does they start EVEN SELLING NOW AND NOT WAIT FOR $4?

All these government yayasans & amanahs had plenty of advices & don't tell me that you all are better than these economic & shares advisers?

Think hard, will you.

Cheers.

Yes, EPF is playing Santa Claus daily but with limits. Yes, EPF is giving out money legally through this way. As I said BIMB is NOT A BLUE CHIP and NO FOREIGN FUNDS ARE BUYING & BUYING BUT EPF. After all the disposing by the yayasan & amanahs bodies, EPF will stop buying like last year too & then what happens to the price? You know better, don't you?

As I had always advice you this....PLAY SAFE & SMART TOO & PLEASE, PLEASE NEVER BE TOO GREEDY.....thank you all.

Cheers.

So you can see you all retail investors are the net buyers as EPF don't buy everything what the yayasans & amanahs sells. Yes, EPF is BUYING LESS than those Amanahs & Yayasan are SELLING & you all could end up holding BIMB prices at high prices & you will then have to wait for a long long time to have it dispose off when all the government bodies or amanahs sold everything & then EPF start selling after that.....so for you, what's next when all the yayasan & amanahs SOLD all?

Cheers.

Friends, please be aware that now EPF is buying for other government bodies to sell daily and when the selling is finish which I presume be soon, EPF will stop buying then sell and there will be a drastic drop like last year when Amanah Saham Bumiputra had sold everything and EPF stop buying & the price drop drastically from $2.74 to $1.79 & I had experience it before & so I am telling you from my experience. It will happen soon now & so do take profit while it is still good & never be too greedy hoping that it will go to $4 which I presume it won't. Let's be realistic please....ask yourself this question....this....why does EPF continue buying & not selling which it never did no what matter blue chips it is. BIMB is not a blue chip, I repeat not, & NOT in the EPF top 30 portfolio of shares. This is the ONLY counter that EPF buys never sells whereas other blue blue it buys & sells but it will sell soon.

Ask yourself please why BIMB is so special? I will tell you why..this...for a very special reason to allow all the
government saham amanah to SELL. Sooner these amanah will finish selling all their BIMB shares and then what, you ask yourself
this question. These government amanah schemes had been daily disposing more than 1 million shares each day & who else will eat it up except EPF?

Now take a look please at the buying & selling..


Wednesday, 11 Jul 2012


5:31PM AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (1,007,600 Shares Disposed)
5:31PM Employees Provident Fund Board (1,000,000 Shares Acquired)
5:31PM AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (483,600 Shares Disposed)

Tuesday, 10 Jul 2012

5:21PM Yayasan Pelaburan Bumiputra (484,000 Shares Disposed)
5:21PM AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (460,000 Shares Disposed)
5:20PM Employees Provident Fund Board (428,400 Shares Acquired)
5:20PM Permodalan Nasional Berhad (484,000 Shares Disposed)

Monday, 9 Jul 2012

5:36PM Yayasan Pelaburan Bumiputra (459,700 Shares Disposed)
5:36PM Permodalan Nasional Berhad (459,700 Shares Disposed)
5:31PM Employees Provident Fund Board (500,000 Shares Acquired)

Friday, 6 Jul 2012

5:15PM Yayasan Pelaburan Bumiputra (1,342,000 Shares Disposed)
5:15PM AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (890,000 Shares Disposed)
5:15PM Permodalan Nasional Berhad (1,342,000 Shares Disposed)
5:15PM Employees Provident Fund Board (648,800 Shares Transacted)

Thursday, 5 Jul 2012

5:10PM AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (2,000,000 Shares Disposed)


Yes, this is the legal way to part money with EPF. What other ways can you think off?


So, you make your own decision please. Later please don't ask me why BIMB price drop. This is my own opinion ONLY and not to ask you to SELL or BUY as the final decision is yours alone and NOT MINE....thank you all.

Cheers.
12/07/2012 03:12

Yes, they need so much money as $1 billion means that more projects worth more than $1 billion are on the way....yes, these $1 billion bonds will come in handy to use as working capital for big projects.

Let's see how's the opening will be and where it will close....cheers.

If you all were to take a look at this snapshot I made you will notice and see that WCT occupy number 8 spot among the 30 counters of EPF portfolio. Even Gamuda & Muhibbah in not in EPF portfolio. So you can see that EPF sees WCT as an important counter to them as as one of it's top investment.

Wouldn't you want to do the same.....where EPF buys, you follow & you won't go wrong.....cheers.

Now click on the link below and see my snapshot.

http://i5.photobucket.com/albums/y193/chongwah/WCT/wct-epf.png


Cheers & let's all together huat.

Brother chieng8182 , a road block was set up at $2.45 cents to allow someone or some funds or amanah to collect cheap & then the big shark possible EPF will goreng it high for them to make profit....this is the legal way to receive money without any hassle from the authorities.

Cheers.

All email send to the above brothers & sisters, check it out please....thank you all...cheers.

And brother nubhan, you must be joking with this.. ' hey man, something up with this counter? '

Next time you meet your remiser tell him/her that WCT had invented a new bomb and all the Western countries including Russia & China wants it and willing to pay billions for it, haa, haa, haa

Cheers.

Buying percentage is at an all high of 89%, wow, wow....tomorrow start cheong for a few days to reach our TP?

And brother marcuswoon, the person won't sapu 2 million shares costing about $5 million for nothing,,, perhaps that person must have know something that we don't know otherwsie won't waste $5 million.

Cheers.

Something should be coming otherwise Maybank won't allow any orders....tomorrow we shall see light.

...or wait for some announcement later perhaps a new project received by WCT amounting to $2 billion ,hee, hee, hee

Cheers

Something's coming to WCT otherwise someone won't eat 5000 lots at 3 times, that means 15000 lots eaten away, wow, wow...we are into something good...cheers.

Actually it's 2000 lots, wow

In my opinion WCT & son WB is coming soon.....just a while saw someone sapu 1000 lots of mother WCT at $2.45 & buying percentage of WCT is high today at 75%...so there's more to come.

Cheers & let's huat together.

I just did, see the volume today but curi curi only please.,,,hee, hee,hee

Long time no touch this counter

Anyone want to curi curi & give it a try?

mail send to all the above....thank you, cheers & good luck to all too.

Feel sorry for those who are so greedy to believe that RC is their savior...now you all going to get really burnt....kena
from Harvest and still believe RC, OMG, when will you all ever learn?

...Now read please...


KUALA LUMPUR (July 10): Datuk Raymond Chan Boon Siew has ceased to be substantial shareholder in Ariantec Global Bhd after disposing of 29 million shares in the open market.

Filings to Bursa Malaysia Securities on Tuesday showed that Chan had disposed the shares in the open market on July 9.

Ariantec was among the most actively traded counters in the morning session on Tuesday with 335 million shared done.

The stock fell one sen to 8.5 sen.

More people selling WB more than buyers.OMG

However price still says stable. As usual certain person throw down 1 lot mother at 1 cents cheaper each time.

Cheers.

Brother hoonguy81, sorry to miss you....email had been send, many thanks.

Yes, brother Ram Cheong , it's NTA a year ago is $1.73, now it's $1.87 & come August 2012 for the quarter report, it will surely be higher than $1.87

Cheers.