WAJA KONSORTIUM BERHAD

KLSE (MYR): WAJA (0102)

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Last Price

0.07

Today's Change

-0.005 (6.67%)

Day's Change

0.07 - 0.075

Trading Volume

117,600


8 people like this.

5,096 comment(s). Last comment by speakup 2 months ago

AllWin

782 posts

Posted by AllWin > 2016-09-21 17:42 | Report Abuse

vinoth, you maybe correct but the volume in 8-9sen transacted was not much. More like panic sell to me after price not up.

vinoth

640 posts

Posted by vinoth > 2016-09-21 17:57 | Report Abuse

The last two times volume was 20m, the share price went up by 2 sen. Today volume 20m+ price hardly move and someone keep throwing at 12.5 sen. Who is the person throwing? It's not small amount that he was throwing.

AllWin

782 posts

Posted by AllWin > 2016-09-21 18:01 | Report Abuse

Last big volume was 0.11-0.13. Majority transaction done at 0.125. Probably contra player dump as well as today is T3 and tonight FED decision. Just my 2 cents.

vinoth

640 posts

Posted by vinoth > 2016-09-21 20:32 | Report Abuse

Wah, director Ng Aik Kee sold all his 27m shares last week.

HYG

1,484 posts

Posted by HYG > 2016-09-21 20:45 | Report Abuse

My opinion is hand over and I will still hold until reach my TP.
My average price is 0.095.
We will see the uptrend continue.

HYG

1,484 posts

Posted by HYG > 2016-09-21 21:27 | Report Abuse

Last week the transaction is about 23M especially on 15th Sept.
It's hand over from one to another one, I believe.
The retailer will not buy due to loss making company.

HYG

1,484 posts

Posted by HYG > 2016-09-21 21:27 | Report Abuse

Lamnewbie, any comments?

mh87

3,966 posts

Posted by mh87 > 2016-09-21 21:49 | Report Abuse

This company's future looks good.. It is better this stock not to up so fast..

cksam

752 posts

Posted by cksam > 2016-09-21 22:01 | Report Abuse

Correction. Connect is not a loss making company. Get your facts right.Connect is a turnaround company after 4 years of losses. It lost money since 2011 but turned around last year with a profit of RM 2.63 million. The loss of RM 1.35 million in the second quarter is mainly due to the increased investment in fixed asset such as machineries and infrastructures. As a result it's NAPS went up from RM 0.10 to RM 0.15.

If you look at the 4 rolling quarters it is still in the black. It made RM 429,000. As of 31/12/2015, Net current assets went up from RM 12 million in 2014 to RM 16 million. Total shareholder fund went up from RM 15 nillion in 2014 to RM 20 million in 2015. Total Current assets rose from RM 22 million in 2014 to RM 32 million in 2015. Its long term liabilities decreased from RM 325,000 in 2014 to RM 280,000 in 2015. That means its its long term liabilities is negligible. EPS - RM1.44 to + RM 1.24.

I reckon fundamentally there is no doubt this compay is a turnaround story. Technically what i can see from the chart is that the current uptrend is not over. There is still much room for it to go up. I am not surprise if the strong resistance at RM 0.135 be taken out in the next 2 days of trading. The next strong resistance shall be the RM 0.15 level.

I am confident that this level will be taken out soon by looking at the volume movement in the last 1 week.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-21 22:05 | Report Abuse

HYG My opinion is hand over and I will still hold until reach my TP.
My average price is 0.095.


HYG averge 0.095 now still hold
very impressive
I give you ten like
I bought in 0.125 last time now even only so have to hold la

Iamnewbie

146 posts

Posted by Iamnewbie > 2016-09-21 22:20 | Report Abuse

HYG, my comment is BUY now when the price low and HOLD.

I totally agree with cksam.
2017 will be the Super black horse :D

HYG

1,484 posts

Posted by HYG > 2016-09-21 22:42 | Report Abuse

Clean/lamnewbie,
Totally agreed, soon mother and son will fly high and high.
Hope we all can win big together.

jwchuey

311 posts

Posted by jwchuey > 2016-09-22 01:49 | Report Abuse

HYG, lamnewbie, cksam, I totally agree with u 3 point of view. let's pray hard n hope can win big in connect.

AllWin

782 posts

Posted by AllWin > 2016-09-22 02:02 | Report Abuse

Anyone know how Mr.Ang price transacted at 0.2 on 15th Sept. The share did not hit that high.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5210301

vinoth

640 posts

Posted by vinoth > 2016-09-22 02:24 | Report Abuse

Could it be a typo error? I mean who would buy 4m shares from Mr. Ang at 20sen if they can just get it from the open market at 12sen.

jwchuey

311 posts

Posted by jwchuey > 2016-09-22 09:22 | Report Abuse

but market only sell @0.125????

mh87

3,966 posts

Posted by mh87 > 2016-09-22 09:57 | Report Abuse

Mr Ang has sold to Foreign investor? That means current price is super undervalue? Woww.. Looking forward for its performance in 2017

kerelbort

105 posts

Posted by kerelbort > 2016-09-22 11:15 | Report Abuse

anyone can enlighten me the meaning of 'Disposal of entire shareholdings vide crossing deal' by DATO' NG AIK KEE?

HYG

1,484 posts

Posted by HYG > 2016-09-22 11:18 | Report Abuse

Pls hold and be more patient.
Connect got Cisco, Apple and adapter business.

hasyrie

13 posts

Posted by hasyrie > 2016-09-22 16:54 | Report Abuse

looking the people running out

AllWin

782 posts

Posted by AllWin > 2016-09-23 10:56 | Report Abuse

Vinoth, it is not a typo. Please look at the other announcement of Mr.Ang. Number of share 4M, and price transacted was RM800K, it means 0.20 per share.

AllWin

782 posts

Posted by AllWin > 2016-09-23 11:00 | Report Abuse

Another deal mentioned was "crossing deal" by Dato Ng with 27M share transacted on 15th Sept without mentioned of price. Someone big or company is buying CONNECT share.

AllWin

782 posts

Posted by AllWin > 2016-09-23 11:43 | Report Abuse

Further check Mr Ang still has around 12M share. Maybe ppl more interest to know who bought the 4M share at 0.20 price.

stncws

10,612 posts

Posted by stncws > 2016-09-23 11:47 | Report Abuse

KWAI LOW!

stncws

10,612 posts

Posted by stncws > 2016-09-23 11:48 | Report Abuse

'KWAI LOW' BUY ?

dealdone

196 posts

Posted by dealdone > 2016-09-23 15:59 | Report Abuse

you mean foreign fund is buying ?

cksam

752 posts

Posted by cksam > 2016-09-23 19:36 | Report Abuse

Normally 'vide crossing deal' refers to block trasaction between two parties. Normally it is done off-market transaction meaning outside Bursa. This is to ensure minimal effect on the daily quotation price of the specified share. As in our case it seems that Dato NG is getting rid of his shares at RM 0.20. The identity of the buyer will soon be revealed.

I reckon it should be somebody or funds who know something about Connect that we do not know. If not who is paying a premium of about RM 0.08 above the current market price? This should be a positive sign for Connect. I will hold it for at least another 6 months for the price to reflect this news.

No point selling now and buying back later. Only our brokers and their broking firm will be laughing. In this case we will make sure that we will have the last laugh !!

AllWin

782 posts

Posted by AllWin > 2016-09-23 20:34 | Report Abuse

Positive.. another fund accumulated share via open market, total huge 31M shares.

A_Elder

54 posts

Posted by A_Elder > 2016-09-23 20:38 | Report Abuse

looking at the quantity acquired, seems like they acquired from the directors. 27M+4M=31M

HYG

1,484 posts

Posted by HYG > 2016-09-23 23:18 | Report Abuse

Very good fund investment company.
Please be patient and hold your connect share.
Hope we all can make big win together.

HYG

1,484 posts

Posted by HYG > 2016-09-23 23:20 | Report Abuse

Cksam, I 100% agreed with you. Please hold your connect share.

cksam

752 posts

Posted by cksam > 2016-09-24 00:13 | Report Abuse

Here is the Ace Group website. Can be said headed by Tan Sri Ting Chew Peh, our former Minister of Housing and Local Govt.

http://www.ace.ac/index.php/en/

stncws

10,612 posts

Posted by stncws > 2016-09-24 00:28 | Report Abuse

monday maybe see uptrend !
ACE will buy more ??

let see...!!!

good contract from US !

AllWin

782 posts

Posted by AllWin > 2016-09-24 08:07 | Report Abuse

Monday may not up as T3 for last Wednesday huge volume. Good opportunity to accumulate.

HYG

1,484 posts

Posted by HYG > 2016-09-24 09:51 | Report Abuse

My opinion, as we know have fund investment company buying and we should hold the share, not to sell now. Just my opinion.
Any comments are welcome.

flee8

145 posts

Posted by flee8 > 2016-09-24 16:11 | Report Abuse

Agree with all the positive remarks. Wish to see the next wave as soon as possible.

HYG

1,484 posts

Posted by HYG > 2016-09-26 12:26 | Report Abuse

Please be patient and hold due to got fund investment company buy the share.

AllWin

782 posts

Posted by AllWin > 2016-09-27 14:06 | Report Abuse

HYG, even before fund manager accumulate I have decided to hold for mid to long term. I work in technology company and I know they will be billions of devices connected, sooner than expected. CONNECT is in well position to benefit. Their expansion and contracts win so far are just the beginning.

mh87

3,966 posts

Posted by mh87 > 2016-09-27 14:52 | Report Abuse

Nice p.o.v from you AllWin.. Now is just the matter of time..

djibaok

1,182 posts

Posted by djibaok > 2016-09-27 18:32 | Report Abuse

yes a matter of time to mamboi

HYG

1,484 posts

Posted by HYG > 2016-09-28 22:39 | Report Abuse

Volume become small and it's good to rest first then fly again.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-29 19:44 | Report Abuse

agreed tomorrow limit up

stncws

10,612 posts

Posted by stncws > 2016-09-29 22:05 | Report Abuse

Mr Chan bot 8m share !!

yee9766

51 posts

Posted by yee9766 > 2016-09-29 23:37 | Report Abuse

find the following blog...have introducing this stock.



https://blog.huskyintel.com

HYG

1,484 posts

Posted by HYG > 2016-09-30 00:00 | Report Abuse

Name MR CHANG CHOON MING
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM0.10 each
Name & address of registered holder Chang Choon Ming
No. 19, Jalan 6/149K,
Bandar Baru Sri Petaling,
57000 Kuala Lumpur,
Wilayah Persekutuan
Date interest acquired & no of securities acquired

Currency Malaysian Ringgit (MYR)
Date interest acquired 23 Sep 2016
No of securities 8,205,000
Circumstances by reason of which Securities Holder has interest Acquisition of ordinary shares from open market
Nature of interest Direct interest
Price Transacted ($$)

Total no of securities after change

Direct (units)
19,005,000
Direct (%)
7.688
Indirect/deemed interest (units)
0
Indirect/deemed interest (%) 0
Date of notice 29 Sep 2016

ant123

178 posts

Posted by ant123 > 2016-09-30 09:00 | Report Abuse

what is cooking?

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-09-30 09:16 | Report Abuse

TP 0.20

HYG

1,484 posts

Posted by HYG > 2016-09-30 13:20 | Report Abuse

Good TP 0.20. Hope can be another Inari.

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