CF Trader, follows news lah...

2014, share just split, now share split again.. 2016, Wellcal facing lost in whole year.. but still paid RM0.023 dividend.. EPS not improved much and since 2016... Wellcal price at RM2++ is overvalue, reasonable price should be around 1.4 to 1.5
share split will cause par value more lower and market will float with more Wellcal share.. purpose of Wellcal management to do this exercise is to get more money from public.

Wellcall qtr report out, shows that most of the geographical segment revenue drop especially for USA / Canada site.. Local revenue also drop.. will it be recover back for next quarter?

Who did follows USA economic for last few months, many company in US start retrenchment and many peoples now jobless.. This showing that US economic is bad and those company doing business with USA will facing less order or no order at all. Wellcal mandrel hose mainly to USA.. No orders, revenue drop..
Foreign investor start pull out their money from M'sia, but invest in other Asia country. What will happen if Mondrain withdrawn and sell wellcall share? Beware everyone....

Wellcall Net cash position just 17.6 million.. is considered low... new factory not able to perform and still waiting for global economic recovers back.. USA and CANADA orders drop almost 100% from previous quarter...all geographical segments orders showing down trend.. is not a good sign..

For those company doing export business sure will affected by forex.. Wellcall business mostly for export.. next report not really hope can be better than previous quarter report...

Wondersky, Any news to support Wellcall FF is running away?

Big Investor (Mondrain) acquired back the wellcall share since Mar until 22nd April, believed a good report coming soon...

Going down.. time to collect.. thanks for "Prophet" non-sense statement...

Going down to 2.6, should collect more.. 2015 Annual report showing big earning... go to study 2015 Annual report...

Wellcall export the mandrel hose to whole world, with current USD up to RM4, and raw material especially rubber is at lower price.. plus since last year, WELLCALL already cut down manpower and implemented automation line.. all these factors should give WELLCALL in good revenue for coming quarter..
pgboy88, you are right, buy at lower price..

Wellcal is a good fundamental with strong cash flow company... with current currency crisis (USD 4) now, believed this will bring more profit / revenue to this quarter financial.. don't forget, new plant already operate.....

omg... where you get such interesting information??? can you share out to everyone here...

@Tan Kian Wei

Cold eye articles usually teach those for long term investment and not encourage those for short term / looking for fast $$$ .
This is the webpage, http://www.nanyang.com.my/node/428265?tid=808
I read his article every week which publish in Nanyang Press. (E-newspaper)

To Tan Kian Wei, you can read his articles on Nanyang Press on every monday. Search for 分享锦集●冷眼. Or you can search through his articles just type 冷眼 and search.

Hi Tan Kian Wei, "Cold Eye" is malaysia God of Share, Real name is Fung si Ling.