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

Posted by Learning2017 > 2017-04-30 13:03 | Report Abuse

tp 0.40 coming soon~

azlan88

509 posts

Posted by azlan88 > 2017-04-30 23:13 | Report Abuse

When I wrote on 1st March 2017, I have indicated that the share price would reach RM0.30 to RM0.40 by the time Q1 result announcement. It was only RM0.17 at that time, and now have reached RM0.315. Probably would rose to RM0.35 few days before result announcement.

Nevertheless, the warrants, WA and WB are undervalued by 6%. Cheaper entry rather than mother share. Expected to rise to RM0.21 if the mother increased to RM0.33 in this week.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-02 11:41 | Report Abuse

SIGNIFICANT CORPORATE DEVELOPMENTS
(a) On 15 June 2016, the Company had completed the following listing of and quotation for the following securities on ACE
Market of Bursa Malaysia Securities Berhad:-
(i) 649,821,600 Irredeemable Convertible Preference Shares (“ICPS”) issued pursuant to the Rights Issue of ICPS;
(ii) 43,321,388 Warrants-B issued pursuant to the Rights Issue of ICPS; and
(iii) 9,223,144 additional Warrants-A issued pursuant to the relevant adjustment clauses of the deed poll governing
the Warrants-A, dated 24 June 2011.
(b) On 4 July 2016, Rapid Conn Inc. (“RCI”) had accepted an award of contract from DirecTV Latin America LLC to undertake
the manufacturing of High-Definition on Multimedia Interface (“HDMI”) devices for years 2017 and 2018. The contract
will commence from 1 January 2017 to 31 December 2018.
(c) On 14 September 2016, Rapid Conn Inc. (“RCI”) had entered into a Distribution Agreement with Venus Group Inc.
(“Venus”) for the distribution of charging station products manufactured or distributed by RCI.
(d) On 23 September 2016, RCC incorporated a new majority-owned subsidiary (i.e. 80% ownership) in China, namely RCR.
RCR was formerly known as Rapid Conn (Shenzhen) Plastic Resins Technology Co. Ltd.
====================================================================

Look at Annual Report page 7 (b) :
(b) On 4 July 2016, Rapid Conn Inc. (“RCI”) had accepted an award of contract from DirecTV Latin America LLC to undertake
the manufacturing of High-Definition on Multimedia Interface (“HDMI”) devices for years 2017 and 2018. The contract
will commence from 1 January 2017 to 31 December 2018.

So, the coming 1st quarter earning report will include the above. So, the report should be a profitable one.

isaac225

371 posts

Posted by isaac225 > 2017-05-05 11:19 | Report Abuse

afternoon will it have a short wave?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-05 12:49 | Report Abuse

Don't know why today sleeping. Its 1st quarter results should be profitable and not a loss. How positive is the results remain to be a question.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-08 10:04 | Report Abuse

Why everyday also like this. When market opens, go up a bit but for a short while only, then go back down????? When can breakout?????

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-08 15:20 | Report Abuse

AllWin: Looking forward:
http://klse.i3investor.com/blogs/allwin_blog/

AllWin

782 posts

Posted by AllWin > 2017-05-08 21:26 | Report Abuse

QR most probably will be out next week.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-09 18:18 | Report Abuse

Volume and interest of investors getting lower and lower. Please faster wake up!

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-11 11:46 | Report Abuse

Very confusing. Sellers busy selling at RM0.305. I am afraid results might not be too favorable.

AllWin

782 posts

Posted by AllWin > 2017-05-11 12:37 | Report Abuse

Please sell if not comfortable to hold.

ginvin

206 posts

Posted by ginvin > 2017-05-11 16:45 | Report Abuse

bought in, will start monitor this counter.... positive with IoT trend!

impossible

197 posts

Posted by impossible > 2017-05-11 18:27 | Report Abuse

What price you bought in?
Still safe to enter?

ginvin

206 posts

Posted by ginvin > 2017-05-11 19:44 | Report Abuse

Bought at 0.295.... hope can reach 0.5 by year end. But will monitor their quater result

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-11 21:30 | Report Abuse

I also bought at 0.295 some time ago. Went as high as 0.325 but did not sell. When the strong support of 27970,00 shares at 0.30 was broken, I really panic. Why the operator selling so heavily. I was expecting another money losing quarter results next week. But I held on. Fortunately, it recovered at close at 0.305.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-11 21:33 | Report Abuse

And why the WA, WB and PA are at such a big discount compared to the mother share, just like Anzo a few days ago. Not comfortable with the big discount.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-11 21:38 | Report Abuse

It cannot be the additional listing announcement of about 2 million shares which cause the massive selling today. 2 million shares are considered small amount for penny stocks.

impossible

197 posts

Posted by impossible > 2017-05-11 21:45 | Report Abuse

You sound like still panic
Haha

2017ks

172 posts

Posted by 2017ks > 2017-05-12 07:26 | Report Abuse

If you aare not feeling confident enough so is better for you to sell off , those institutional players are very cruel they will shake until you loose all your confident to kick you out ,so since you still have little profit better you get your self out from this game, in order to make your self sleep well

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-12 09:04 | Report Abuse

Sold 1,000,000 mother shares at RM0.30 with a profit of RM2780. Thank you.

impossible

197 posts

Posted by impossible > 2017-05-12 10:24 | Report Abuse

So fast sell? U bought on when?
Still can in?

2017ks

172 posts

Posted by 2017ks > 2017-05-12 13:00 | Report Abuse

dont ask people can in or out. we should buy share depends on company fundamentals and our confident , if you had loose all your confident than dont keep even a share .This company big player are very rude and cruel they will use all kind of technique to kick and wash you out,so if you lack of confident than it will be a torture for you,we as small player ,all of us everyday is just guessing what the hell is this people will do , but we will not know is that we are correct or not until the end of the show

2017ks

172 posts

Posted by 2017ks > 2017-05-12 13:04 | Report Abuse

8wpwtmt8 pls dont thank me because I also dont know I am right or wrong. Maybe later you will blame me but what I mention is I hope you can sleep well only

Posted by yapkimmeng > 2017-05-12 23:36 | Report Abuse

haha

AllWin

782 posts

Posted by AllWin > 2017-05-14 21:09 | Report Abuse

Mr Ang, a substantial shareholders bought another 1.1M shares on 11th May.

ant123

178 posts

Posted by ant123 > 2017-05-14 21:33 | Report Abuse

support at 21.5c. fibonacci say next level 30c. hope my TA is right

ant123

178 posts

Posted by ant123 > 2017-05-14 21:33 | Report Abuse

i mean Connect-PA

thesteward

6,781 posts

Posted by thesteward > 2017-05-14 21:58 | Report Abuse

gogo connect

rogerlth

95 posts

Posted by rogerlth > 2017-05-15 15:59 | Report Abuse

有大户收PA票,可能有看头,等看戏

azlan88

509 posts

Posted by azlan88 > 2017-05-15 19:58 | Report Abuse

directors are buying. Probably good result

impossible

197 posts

Posted by impossible > 2017-05-15 20:43 | Report Abuse

Waiting cheque clear on Wednesday
And might enter
Hopefully can get 0.300

ant123

178 posts

Posted by ant123 > 2017-05-15 22:22 | Report Abuse

unless u buy 20-30m shares.. otherwise.. that 1-2m shares dont make different for that half a cent...

Mazhar3192

190 posts

Posted by Mazhar3192 > 2017-05-16 21:53 | Report Abuse

Director buying why the price didnt go up oh...

Tommy Lee

198 posts

Posted by Tommy Lee > 2017-05-17 12:01 | Report Abuse

WHY TODAY CONNECT-WA UNABLE TRADE? ANYONE KNOW THE REASON?

impossible

197 posts

Posted by impossible > 2017-05-17 12:23 | Report Abuse

Cox no one willing to buy or sell
So no match

prince4

1,459 posts

Posted by prince4 > 2017-05-17 15:01 | Report Abuse

nobody dare to buy high

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-25 19:05 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=0102

Connect 1st quarter results. See yourself. No comment.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-25 19:08 | Report Abuse

Revenue increases but net profit drops but EPS increases. Funny results.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-05-25 19:23 | Report Abuse

Even though net profit down 30% but at least it is not rugi.

Posted by Learning2017 > 2017-05-25 19:33 | Report Abuse

hmm~how come net profit drop but eps still up one?

J Trader

112 posts

Posted by J Trader > 2017-05-25 19:48 | Report Abuse

hey any value investor out there attend their AGM tomorrow(keep me update)? Becos tomorrow I'm going to krono AGM.
Actually Im' happy with the result. It help me make 3 fold.
Connect-wa keep it up..

Burnstorm

17 posts

Posted by Burnstorm > 2017-05-25 23:59 | Report Abuse

After I see the QR from here. I feel a bit disappointed. Due to sales by company not much different as compared with Dec'16 QR result.

So that I zoom in and read on their QR report from bursa. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5440161,

I found out some noted we need to concern.
1. GP margin : Both QR around 25%
2. Admin + Selling : Both QR around 20-21%
3. Unrealised gain/(Loss) "000" : Last QR 444, Current QR : (148)
4. Depreciation "000" : Last QR 435, Current QR : 629
5. Current QR got 2 company, Shenzhen Rapid Power Co. Ltd (RCP) & Rapid Resin (RCR)
Which are majority own (i.e.80%) subsidiarries of Rapid Conn (Shenzhen) Co. Ltd (RCC)
This two company play a key role in supplementing RCC current business model, while
engaging in trade of their core products in their respective domestic markets.
(But they just only begun trading in Feb'17, and their incurred loss during this QR is 660K.)

Based on summary, the company still good maintence their GP Margin and admin + selling exp.
Profit decline due to Increase in unrealised loss in foreign exchange, depreciation of PPE and loss on RCP & RCR.

Overall, I feel so comfortable and confident to this company now. I believe that RCP and RCR will bring a good result to us in next quarterly result. cheers.... :)

This just only my opinion, not calling someone buy or sell. Please amend me if any mistake, since i still as a new investor. Thank you. Wish you have a nice dream. Tonight can Zzz well.

2017ks

172 posts

Posted by 2017ks > 2017-05-26 06:47 | Report Abuse

If ACE and Ahmad Fuzi Bin Abdul Razak can put in tons on money in this counter and becoming one of the substantial share holder sure there is the big thing inside the company currently maybe still not appear out yet ,be patience and confidence sure there will be reward.

Such as peter lynch had said before there are millions of reason this big player selling their share but only one reason they are buying that is they want to Make money!!

rogerlth

95 posts

Posted by rogerlth > 2017-05-26 09:42 | Report Abuse

why not drop heavy... hmm... most of share hold by big boss?

isaac225

371 posts

Posted by isaac225 > 2017-05-26 09:45 | Report Abuse

nope..many are panic seller..still alot big share holder holding it..

Posted by Albert Baker > 2017-05-26 10:42 | Report Abuse

BTW, the R is the highest since 2007 !

isaac225

371 posts

Posted by isaac225 > 2017-05-26 11:09 | Report Abuse

maybe they are expected there is a flying color result but for me the result is consider moderate and accepted for first QTR..is very dependable on Rapid Conn in order to boost up the next QTR result..for me i think is ok to hold for midterm.

2017ks

172 posts

Posted by 2017ks > 2017-05-26 13:39 | Report Abuse

Any update about today agm??

rogerlth

95 posts

Posted by rogerlth > 2017-05-26 20:04 | Report Abuse

Good performance. Big block on 0.305, May Becoz today is AGM, must make it good looking. If pass this 危险期,price will go higher.

Posted by Learning2017 > 2017-05-26 20:59 | Report Abuse

no people going agm today?any update for share?

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