Still too early to say is uptrend, but good enough for contra players

Yalo..tp1.50 is mor reasonable at the moment

Asia88

An established company will not award projects to some companies with no strong financial backgrounds.

Always A Beginner..ya..up a few cents ya..we know this counter well..haha

I think only when WCT continues to.show good results with decreasing gearing, then.the share price will fly up high.

iI really hope its time for WCT to fly up up high

October to date
5/10/15 contract awarded by 1MDB approx. RM 70m (earthwork)
19/10/15 contract awarded by 1MDB approx. RM755m (infra. and roadway)
27/10/15 contract awarded by Petronas Group approx. RM267m (civil and infra.)
9/11/15 contract awarded by Petronas Group approx. RM316m

bought WCT at RM1.33 today to average down my cost of purchase.

hng33
I am waiting for RM1.30...but if nx week still hovering around 1.33..i shall buy at 1.33 to average down my cost

hopefully right decision

Hi redpeople and hng33
Uchitec definitely has high margin and healthy balance sheet, definitely a good stock
However, I would like to highlight that:
I noticed from the quarterly reporting that the mgt actually has USD forward contract outstanding as at 30 Jun 15 amounting to USD14.3M at RM3.5991
With the increase in USD against RM now to approximately RM4.30, the company will have higher unrealised loss of about RM10m (RM3.2m already accounted for)
Something, no doubt not a big issue, that need to be taken into account?
I am not trying to be negative, just wanna add a point

Earth, with such good book orders, I dun think WCT will drop to RM1.10 unless
Nov 15 post bad results or
other unexpected worldwide bad news

Anyway, opportunity to collect when price is low.

hng33, you are back!! were sold quiet for the past one week.

hng33, I am waiting at RM1.30..i hope it does not reach that level
But if it does, most like I will collect to average down

supermix2 and imoogi99

Ya, the share which I followed, Kulim, used to be in the same trend...push down by KWAP from RM3.30 plus (pre special dividend) until lowest RM2.40 plus (post special dividend), now shoot up to RM3.40 plus d but it took more than half a year to go back up lo...

WCT has many projects and is profitable but high gearing...up to us whether we dare to keep collecting when it goes down..

November must post good results for mother to move up

October to date
5/10/15 contract awarded by 1MDB approx. RM 70m (earthwork)
19/10/15 contract awarded by 1MDB approx. RM755m (infra. and roadway)
27/10/15 contract awarded by Petronas Group approx. RM267m (civil and infra.)

tt101:

Chairman did not value the company at RM1

I quote the note in the forum:
"(3) If really want share price goes to RM1 ( RM1 suggested by an investor), then the Vietnam Lottary Business have to materialized in which he is still waiting a phone call and standby to travel to Vietnam anytime."

RM1 is a price suggested by an investor..not the chairman

I am happy enough with 50 sen

we shall wait for the news of Vietnam lottery biz patiently...:)

No news..if this is the case..the increase in price is not supported by any solid news..sustainable?

will check bursa announcement later in the evening..:)

ya..thanks Beleng Ng...is informative.

more cheese today :)

more cheese please

hng33, SPA signed
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4900001

Totally agreed with you, hng33

A lot of angry investors out there..

I roughly glance through the annual report but I dun see any share buy back mentioned..
Lets hope share buy back really take place

Ignissimia, Unless announce special dividend...otherwise there should not be any surprise at the share price.

Earth, you must have been very frustrated that WCT did not move up to RM1.52 as you have predicted after announcing award of project right?

lets hope for the best for the afternoon session

need more momentum to break thru RM1.45 to RM1.50

hopefully up up up today

hng33, I have managed to sell off all other short term shares...still unable to offload WCT at profit..hope for the best...fingers crossed

hng33, my average RM1.435, so no profit to lock in

Guess price will only move if WCT shows solid results in Nov?

Earth is very bullish..

Sigh...it is not consolidating...it is going back to square again...
MyView is right...1 sen dividend...bad return.

paperplane2, stop commenting like WCT has no future, u dun even have the capability and cannot even afford to build a paradigm mall.

I appreciate your input on risks but you have gone overboared

no eye see

bought some RM1.40

bought WCT at RM1.45 again..

i do not think it is a trap..it is consolidating to go up to 50sen.
Furthermore, the surge is in line with improved market sentiment

wow...RM1.50 all done

I sold at RM1.49..worried about nx week market

not sure, very tempted to sell today as not sure about overall market nx week.

ya...target RM0.60 since hold so long already..hopefully I am not day dreaming.

consolidating I hope.

no show today?

MyView, 6 plus points n 1 negative point, if bjcorp dun go up to at least 50 sen, it will be such ashame of BJCORP

high volume at R1.48

actually not so confident it will up tomorrow unless got good news