The edge weekly reported penergy will get risk service contract RSC again from petronas. The company is one of the main company which competence to manage to develope marginal oil field development. Waseong hold 26.9% stake of penergy. Still remember that during penergy get kBM rsc Project, wacai share price also up ma. And this week is every excited for every wacai shareholder, because the financial result is announce soon! The result is turn to black from red. And the earning figures is much more than expected! As a long term investor, we still maintain the earn money rule of "more low more buy, more high more sell"!

Price go soften very good! Buy at lower, sell at higher. Kalau asyik-asyik buy at higher, mau untung apa??

Haiya.. Pertama hari keje ker?? Wacai suka last minit timbul, tak mati pun tak keluar. Lagipun IGB taiko pun tak announce lagi. Perlahan-lahan tunggulah.

now good! its time to buy again wacai! more down, more buy..!

you also can go facebook look for "Wasco Coatings Norway" for more exciting pictures..!

http://kph.no/arrangement-og-studier/avholdte-arrangementer/arrangementsdetaljer/article/dialogkonferanse-og-workshop-med-statoil-og-hovedkontraktoerer-for-polarled/

Pls visit the website above and see the photos for Wasco concrete coating plant at Norway for Statoil Polarled Pipeline Project 480 km.

Hi, morning. If feel the price is higher, please sell down.

dun worry, WASCO going strong to coating pipes! If share price drop, its chance to buy it !

hi. If you got money, you can buy some for long term investment.

kita orang dah untung money >10k dan masuk to poket recently. Walauwei..! As a long term investor, already told you since the price at 1.73 (see my previous statement). Now Wacai very going strong! The 2Q14 financial result is better than 1Q14. Want to buy or not is your choice!

no body want to hear me fatt gap fong. But kita orang as a long term investor, we must fully understood company business and the operation. We must fully understand the pipe coating business, because its every day, hour, minute, second are making a lot of oil money ya..!! walau ei..!

With the new development of Penergy + strong rebound from pipe coating division, analyst will up target price of Wah Seong in near term. Investor dun look see, look see lor.. Buy WASEONG !

penergy near close to bagging Petronas RSC project again. Dato Seri PM punya brother's penergy. wacai got 26.9% stake of penergy. when penergy up like UZMA, sure wacai pun naik to peak. quick invest wacai lor! dun look see, look see..

As a confident investor, we are not worry people what they like to say.

Waseong kan hari itu ada kasi dividend share from its treasury?! As a shareholder, we also get some ma.
We continue buy waseong. Director continue buy waseong. EPF continue buy waseong. Company continue buy back its share. The JDA pipe coating job is more than 60% completed. The Statoil pipe coating job is fully commencing. There are too many pipes is anticorrosion coated. The next catalyst for wah Seong to be Petronas & Trans Canada Pipelines Ltd JV's Prince Rupert HDD Project 1050 km pipe coating job.

many seller today. they will regret because sell at lower price. wasco now is strongly rebound.

Dear Mr Ballanmessi, this happen may due to people do not like waseong, also may not to understand the pipe coating business. people habitat is difficult to said. At lower price, no people interest, when price go higher, people baru go to chase something like happen on sbccorp, talamt etc.

Wheatstone DDG 109 km linepipe coating job was successfully completed. now wasco starting commence Esso Australia 180 km Longford linepipe coating job. Meanwhile the Statoil and JDA coating job is still ongoing. Pipe coating is very fantastic work. Quick to invest this oil and gas counter lor. Earn oil money through waseong.

quick to buy waseong lor.
wasco made a lot of oil money in 1Q14 !
dun look and see lor.

We prefer buy waseong due to its strong recovery from oil and gas segment, especially the pipe coating division, strong earnings visibility, high volume pipe coating production (JDA and Polarled pipes), strong order book replenishment, strictly cost control etc.

waseong going strong! The director and company is buy back the shares at lower price. Petronas JDA pipes continue coated!

Waseong continue going strong. Norway Statoil Polarled pipe continue coating, Petronas North Malay basin JDA pipe continue coating. This 1Q14 continue make money. It turns to earnings from lossing last year quarter.

Today fund manager are buying wacai at 1.90 with 298 lots done. The DDG Wheatstone Ashburton West Pipeline Project 110 km (Australia job) to be complete coated soon. Again, many oil money will go to wacai pocket. Dividend also is coming soon. Quick to invest wacai lor.

Long term investor will buy it with price below RM 2.00. Its depend to you how many you want to invest.

As I said before wasco 4Q13 is earn RM30m, but actually it is more than RM40m pre tax profit. It is strongly recover in 4Q13 for its pipe coating division contribution because of Statoil and North Malay basin project. In 4Q they complete to 12% and 30% respectively. Statoil will complete on 2015, meanwhile north malay is 2014. It is same consensus from CIMB analyst report during report on november 2013. The pipe coating devision is continuous to contribute waseong earnings in this year to 2015. Additionally it plus contribution from DDG Wheatstone and Longford project which on the coat. Actually analyst report like hongleong, public invest and kenanga not good give waseong in their rating. Analyst not to survey, actually they have come to wasco to have look and see. They think waseong is no hope, so give it neutral, sell rating. The rating is unchanged if compare with their previous report. Like kenanga ask to sell waseong, but they up the target price from RM1.67 to RM2.00. They up the target price but ask people to sell. So what?? What is their purpose at the back, investor please think. They miss to see waseong already improve since 4Q13, I think their portfolio manager want to accumulate buy the stock at lower price, so give the rating is neutral, sell rating. Actually waseong is already many improve compare to 3Q13 and before, it is strongly recover since 4Q13. It is contribute RM40m pretax profit in the pipe coating division. Waseong is a steady counter, investor type is long term invest. They know the price will up to RM 2.20 and more in future. Long term investor is never worry to this counter. Long term investor is very happy if the share price is drop, because they got a chance to more accumulate this counter at lower price. In this 1Q14, waseong is continuosly make many oil money through its major oil and gas pipe coating division, especially the big volume pipe coating production for statoil 36”OD pipe, JDA North Malay basin 28”OD pipe, and DDG Wheatstong 18 meter pipe is on the coat. This counter future is definitely bright!

i mean the boss is mou lan yong. Actually, WASEONG guides that it has to-date landed contracts worth RM160.7m from DBP Wheatstone and Exxon Longford. Wasco coating plant (wah seong main company) has very strong in capability and technology. The coating plant can coat 24 meter linepipe. The main competetor Bredero Shaw can not done it. This is one of the reason they win the job from client Japanese steel pipe supplier Metal one and Marubeni-Itochu.

mou lan yong..

wah seong boss memang bodoh betul. dapat project award, pun tak tau announce. ada benda bagus, pun tak tau cakap keluar. hopeless, very dissapointed..

Wasco has a good fundamental in pipe coating industry, it either in technical, size, production volume or plant with upgraded from time to time. It provides suitable coating to protect oil and gas linepipe against corrosion. Thus, it attracts many international oil and gas player and Japanese steel pipe supplier like Metal One, Marubeni-Itochu, Sumitomo Corporation to give wasco job.

Quick quick invest waseong lor. Dun scare, just buy it. WASCO make a lot of oil money, bonus kao kao, High yield dividend coming lor.

Wasco is linepipe coating specialist. Oil and gas pipeline company need protection for steel pipe infrastructure against corrosion. Last year 2013 Waseong get linepipe coating contract from Norway Statoil petroleum National Company Polarled pipeline project about 500 km worth about RM 600m and Petronas Carigali North Malay basin joint development area JDA project 250 km worth RM 232.1m now are on the run production since 4Q 2013. These 2 major projects for Wasco Coatings Malaysia definitely make a lot of oil money. The linepipe coating production is 24 hours running since 4Q 2013 until now. Wasco is very excited due to the operation is successful on the run. Now on the load out of 1st shipment coated pipe to Norway for further concrete coating. This year is definitely fantastic. It is because major production is running (got production run, got payment basis), low cost strictly controlled and USD $ value is up (oil and gas project contract value is based on USD $). Waseong also get Australia project recently like Metal one’s DBP Development’s DDG Wheatstone Ashburton West Pipeline project 110 km, Marubeni-Itochu Tubulars Oceania Pty Ltd’s Esso Australia’s Longford Liquids pipeline project 186 km, Petronas Carigali Turkmenistan Garagol Deniz West oil development project 76 km. So, quick-quick invest waseong before analyst upgrade waseong report comes out. And please hold the share before FY4Q13 announcement is made. Sure the share will up, up, up when a good news is come out.

quick lor. many buyer is appear today. will move in few days.

wacai starting move lor. quick-quick buy waseong, dun miss the boat!

Company buy back share, EPF accumulate share, they already see the future. so, you wait what? quick-quick buy waseong lor.

quick accumulate wacai lor. sudah mau mid Feb. TP is RM 2.70

sometimes is no need to explain so much, eg DiGi... tak kan you mau tunggu CIMB analyst report keluar, masa itu share price is already at the sky.

Quick-quick buy wacai lor, dun look and see only. want to remind you that this counter is dark horse this year. not believe?! We wait this mid Feb.

Gong Xi Fa Chai ! Happy Chinese New Year !
Quick-quick riding dark horse waseong lor ! The most shinning dark horse this year !
Get linepipe coating contract lor, eg: DBP Wheatstone Asburton Project 109 km, Esso Australia Longford Project 180 km, AGL New Castle Project 100 km, Petronas Turkmenistan Garagol (about 70 km), Thailand Nang Yao Polyurethane PU coating project.

wacai sudah dapat projek besar, tak announce lagi. quick-quick buy wacai lor.

all, faster to accumulate wacai. wacai is dark horse most shinning this year!

wasco dapat projek statoil (national oil company) polarled pipeline project about 520km worth RM 611.1m, now the linepipe size 36" already coating ribu-ribu batang for 3 layer coating dan internal coating, then Feb will be load out to norway for concrete weight coating. Norway rakyat semuanya jutawan disebabkan sana ada banyak sumber oil and gas. mr chan dan mr macaggno sangat happy sebab dapat untung wang oil and gas dari Norway statoil. wang minyak adalah kira USD bukan RM. USD now dah up to 3.30, nilai projek now lagi tinggi. polarled projek lebih kurang 1 tahum 6 bulan. investor mau untung wang minyak dari norway, so kene cepat-cepat invest wase ong lor, waseong dapat banyak untung dari pipe coating norway statoil, sure share price akan up la. so quick-quick invest waseong, gain oil money from norway statoil. remember: invest waseong, not ask you gambling, be patience till mid Feb for 4Q 2013 financial result.

boss and fund manager on the way buy wacai. good news will be anounced on mid Feb, quick-quick invest wacai lor. the share prices now onwards climb to RM 2.70 target price.

dun scare to sell off, a chance to accumulate share. bos mr chan dah senyap-senyap beli share at 1.68-1.72, now no any announcement and analyst report come out, when the reports are come out, is too late for investor to buy the share, because on that time the share price already at the sky, then mr chan or EPF fund manager starting sell the shares to you. mr chan dan EPF dapat makan abalone, sebab u belanja dia makan lor. so cepat-cepat buy waseong lor, share below RM2 is worth to buy. the pipe coating for petronas already complete 30%, the oil money sedah masuk pocket waseong lor. so mau gain money indirect dari petronas, cepat-cepat accumulate wacai lor! remember hold waseong and sell it after 4Q 2013 financial result is announced on mid Feb.

wacai on the way climb to peak mountain RM2.70. siapa tak boleh sabar punya, makan ikan bilis saja, sabar udang galah, lobster, abalone dan apa barang pun ada. think: must invest waseong, untung petronas money balik. sabar.

fund manager sedang beli waseong at 1.84. quick-quick follow up lor. panai fund manager.

cepat cepat invest wacai lor. let boss dan pekerjanya tolong you cari petronas, statoil, esso, shell punya oil money. tak percaya, SENDIRI go kuantan port wasco coating plant sana tengok pipe-pipe stacking. pipe coating is make money bisness. semua orang mau pakai petrol, gas ma. so u belanja sini, mesti fikir cara lah untung balik oil and gas company punya wang!

tanah kosong tak ada orang mau pijak, bila tanah menjadi ladang dan pokok dah berbuah, semua orang mari berebut makan. tak apa, let us patience, tunggu until mid Feb 2014, then akan faham why pokok berbuah banyak orang mari berebut.

share price continue climb to peak mountain. do you know mr chan, mr macaggno etc very happy, because of high production yield, they even mc, sleeping, cuti or benda ker, the oil and gas money is masuk their pocket. boss would not tell you about this.

be patience, bersabar, now invest, not gambling. share price will climb to 2.70. waseong is very shinning this year.

bang, 1.82 target price sudah out date lor. now wacai already not sleeping dragon, now horse already running. Do you know petronas north malay basin and norway statoil petroleum company - polarled project everyday, every minute, every second the wasco pipe coating plant is run production, the production yield is very higher, efficiency. wasco untung banyak wang daripada petronas dan statoil (norway national petroleum company), they untung everyday day, every hour, every minute, every saat. bos maccagno dan mr chan sudah ketawa dan sangat happy! they already senyap-senyap accumulate the share at lower price of 1.62-1.67. So, cepat-cepat invest and buy waseong lor. and sell it on mid Feb 2014.