WING TAI MALAYSIA BERHAD

KLSE (MYR): WINGTM (2976)

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Last Price

1.79

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

211 comment(s). Last comment by GuShen 2017-08-01 20:51

san3

48 posts

Posted by san3 > 2015-11-17 20:08 | Report Abuse

AGM today

TeddyRiley

220 posts

Posted by TeddyRiley > 2015-11-18 09:39 | Report Abuse

Wing Tai Malaysia Falls Most in Almost 3 Wks After Profit Slumps

Posted by Activetrader > 2015-11-24 21:15 | Report Abuse

fucker counter ccb

Posted by Activetrader > 2016-02-05 21:23 | Report Abuse

fucking fuck fuck fuck counter rubbish!!!!!

bearbull

135 posts

Posted by bearbull > 2016-03-03 20:19 | Report Abuse

Its time to look at wingtm now, am loaded alr. Cut loss 1.13 take profit at least 20% frm current price

Ah Ha

905 posts

Posted by Ah Ha > 2016-04-07 21:41 | Report Abuse

tp 1:50

Posted by smartInvestor1 > 2016-05-06 01:52 | Report Abuse

Bad result shows bad management
1. Operating expenses more than Revenue !!!
2. Severe Negative cash flow thus need borrow more debt
3 Segment
Retail - 50m to 46m
Property Development from 26m to 9m

NTA = 2.66

Posted by drkervokian > 2016-09-15 10:50 | Report Abuse

the management also super sneaky. in order to make their books look good. every monday or fridasy they will purposely buy just 10 shares. the bare minimum at the highest price of the day. Usually during closing, such that the ratios look nicer for the annual report.

despite losing money they still wanna offer dividends. Usually this behaviour is ver prevalent with
a) Old managemnet
b) stingy and people with zero vision
c) do not trust developing talent
d) already made enough thta they wanna milk the cow.
e) risk averse

chankp7010

614 posts

Posted by chankp7010 > 2016-11-01 12:10 | Report Abuse

Further to drkervokian's observation, WingTai management has chosen AGM venue so far away so as to deter would-be complaining investors to attend. Why can the Board choses a place nearer to KL?

paulthesotong

2,857 posts

Posted by paulthesotong > 2017-05-23 13:22 | Report Abuse

TO offer Rm 1.80....

paulthesotong

2,857 posts

Posted by paulthesotong > 2017-05-23 13:32 | Report Abuse

No way why so little?

Posted by chickenriceseller > 2017-05-23 14:26 | Report Abuse

really crap stock...boikot their shops

chankp7010

614 posts

Posted by chankp7010 > 2017-05-23 14:55 | Report Abuse

General Order at RM1.80 for the remaining minority shareholders by the controlling shareholders ( joint parties).

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-23 15:10 | Report Abuse

wingtm also MGO at 1.80, datuk calvin your dutaland still sleeping,no MGO yet at 1.00? hahaha

kcwong

229 posts

Posted by kcwong > 2017-05-24 07:57 | Report Abuse

so will rise today?

Posted by MsfollowmeTeam > 2017-05-24 08:28 | Report Abuse

not much... limit up only

WavesRider

161 posts

Posted by WavesRider > 2017-05-24 08:39 | Report Abuse

limit up as expected. tomorrow 1.79/1.80.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-24 08:44 | Report Abuse

datuk calvin why u didn't recommend this sleepy counter?

Posted by williamchuan > 2017-05-24 09:04 | Report Abuse

limit up only 30% of yesterday price

richmao

490 posts

Posted by richmao > 2017-05-24 09:23 | Report Abuse

Why suddenly up ?? What happen?

Hunger

1,292 posts

Posted by Hunger > 2017-05-24 09:33 | Report Abuse

cos privatization,take over offer at 1.8 per share.

chankp7010

614 posts

Posted by chankp7010 > 2017-05-24 09:41 | Report Abuse

Limit up at RM1.53 with only 10,200 shares transacted. Can this share reach RM1.75?

Hunger

1,292 posts

Posted by Hunger > 2017-05-24 10:01 | Report Abuse

possible..

Posted by Honey Comb > 2017-05-24 10:26 | Report Abuse

hi,hunger, if during limit up ,there won't be any sellers queing?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-24 10:51 | Report Abuse

yesterday I key in to buy already now done 60,000 units I get nothing....tipu lah. bursa can please list up who manage to get at 1.53?

chankp7010

614 posts

Posted by chankp7010 > 2017-05-24 11:43 | Report Abuse

May I ask Apollo Ang, What time you keyed in to buy Wingtai?

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-05-24 12:48 | Report Abuse

it will not happen, and it will goes back to square one

Hunger

1,292 posts

Posted by Hunger > 2017-05-24 14:30 | Report Abuse

lol nobody sell,u queue also no use ler.ppl already estimate price high d

Ryan88

1,327 posts

Posted by Ryan88 > 2017-05-24 14:37 | Report Abuse

Lol... tension here. Nobody want to sell... hahahahahahahaha

Ryan88

1,327 posts

Posted by Ryan88 > 2017-05-24 14:37 | Report Abuse

Place 500k sapu... hahahahahhaaha place for fun..lol

chankp7010

614 posts

Posted by chankp7010 > 2017-05-24 15:08 | Report Abuse

For Ryan88, if you can sapu 500k, you can prosper by RM1.80-RM1.53 = Rm0.27 x 500,000 =RM135,000/- instantly, In reality, no one will sell his shares at this price. Perhaps at RM1.75 tomorrow. This is just my opinion.

steveooikp

4,689 posts

Posted by steveooikp > 2017-05-24 16:19 | Report Abuse

this one should be under UMA.
listed companies bosses really know how to make money...
just 1 words privatize.... can make money...

there are so many counter current price are far under the NTA.
so all these bosses can announce privatize...

fk lor... see YTLE - privatize and very damn......

steveooikp

4,689 posts

Posted by steveooikp > 2017-05-24 16:19 | Report Abuse

later they will say they want to privatize at 90 sen... hehehe ..... limit down...

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-24 16:34 | Report Abuse

good one mana they dump for u? I place yesterday until now 1 lot also tak dapat. if no good one they sell give us all lo......all tipu in bursa

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-24 16:41 | Report Abuse

money game also like that,make sikit sikit not lama lama jadi bukit but make sikit sikit lose banyak banyak. make 1 year lose in a week....haha

chankp7010

614 posts

Posted by chankp7010 > 2017-05-25 14:47 | Report Abuse

Who are the buyers (over 12 million shares) for RM1.78? Why must they buy at this price, knowing very well that controlling shareholders only pay RM1.80? Could there be a possibility that the buyers actually belong to controlling shareholders!! The next question is: Should we sell at RM1.78-1.79??

chankp7010

614 posts

Posted by chankp7010 > 2017-05-25 14:54 | Report Abuse

Sifu please help

kcwong

229 posts

Posted by kcwong > 2017-05-25 15:53 | Report Abuse

Although just 2 cents, but those buyers with huge volume still earn some amount of guarantee profit. 1.80-1.78., got it?

cefiro22

383 posts

Posted by cefiro22 > 2017-05-25 21:26 | Report Abuse

yep! could it turn out to be like T.Store which upped the first offer from about 3.54 to 3.70?

Lancome

7 posts

Posted by Lancome > 2017-05-27 21:53 |

Post removed.Why?

Posted by Parkson8888 > 2017-05-28 21:59 | Report Abuse

steveooikp hopefully Parkson can be privatised also. Offer price must be above RM 1 or 1.2-1.5.

steveooikp this one should be under UMA.
listed companies bosses really know how to make money...
just 1 words privatize.... can make money...

there are so many counter current price are far under the NTA.
so all these bosses can announce privatize...

fk lor... see YTLE - privatize and very damn......
24/05/2017 16:19

calvintaneng

56,628 posts

Posted by calvintaneng > 2017-05-28 22:07 | Report Abuse

Hi guys,

Just to let you know the power of Sifu Walter Schloss

Walter Schloss

WALTER SCHLOSS – PROVEN SUCCESS – A TESTAMENT TO GRAHAM NET NET METHOD WORKS

For 40 long years Walter Schloss (The Most Faithful Disciple of Ben Graham in NET NET VALUE INVESTING) Bought Undervalue Shares. He bought it year in, year out; year after year. He doesn’t care about the business itself. He said that if he can buy a share with deep discount to NTA something good might come out of it. He doesn’t care whether it is monday or friday; he doesn’t care whether it is the beginning of the year or end of the year; he doesn’t care if it’s January,May or December.

In year 2005 (12 years ago I bought DNP at 40 sen with NTA over Rm1.00) I saw its condo called Lanson Place in Ampang.

Today this stock is taken private at Rm1.78 for 345% upside in 12 years or 28.7% a year.

So following Value Investing is correct!!

cefiro22

383 posts

Posted by cefiro22 > 2017-05-29 08:30 | Report Abuse

thanks for sharing,...yes pick them up when they are in the "dumps" with good NTA to support and just be patient. ..see this

http://www.thestar.com.my/business/business-news/2017/05/27/takeover-offer-for-wing-tai-malaysia-seen-undervalued/

Posted by lirhahs199 > 2017-06-05 23:25 | Report Abuse

Wing tai taoverprice is fixed no effect because the shareholder have their mandate to private oledy upon lapse then so no more activity I think this stock

pharker

1,090 posts

Posted by pharker > 2017-06-14 10:36 | Report Abuse

Rumour higher offer coming...today some lots are done at 1.81

pharker

1,090 posts

Posted by pharker > 2017-06-14 10:43 | Report Abuse

Strategy..controlling holder first buy from market at 1.78n 1.79...so they accumulate..then left some stubborn minority holders that still dun sell or accept..then offer higher for the remaiming lesser lots...save cost..just like UK developers offer to take over OLD buildings for rebuild..offer starts small..then final higher offer to remaining stubborn holder

pharker

1,090 posts

Posted by pharker > 2017-06-14 10:44 | Report Abuse

Sorry its HK developer

cefiro22

383 posts

Posted by cefiro22 > 2017-06-15 09:12 | Report Abuse

Interesting announcement yesterday in Bursa Company Announcement>

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5460745
Maybank Inv Bank had to announce that they acquired in open market a total of 10,875,900 shares at 1.80/share on June 14-2017.

I have not noticed any announcement earlier by Maybank IB of those who bought earlier at 1.78/1.79 in bulk.Who were they?...Am I correct that this is the first announcement ever made that WTM has bought in the open market?

san3

48 posts

Posted by san3 > 2017-06-20 17:02 | Report Abuse

Do anyone know what happen if they unable to do the private placement? will they convene an egm or will the price drop back to $1.20 before the offer was made

GuShen

141 posts

Posted by GuShen > 2017-08-01 20:51 | Report Abuse

可以考虑买一点Wingtai. 这是一家从事房地产和服装(UNIQLO) 业务的公司。Wingtai Singapore 以RM1.80全面收购这家公司。Offer 展延至8月8日。如果没有在期限里收购到足够的票数,Wingtai Singapore 就不能够进行强制性全面收购,过后将会除牌。没有把手上的票卖掉的股东将继续成为这家公司的小股东。

Scenario 1: 成功全面收购
- 以RM1.81价钱购买的票会以RM1.80退回

Scenario 2: 没有成功进行强制性全面收购
- 公司将会除牌成为Wingtai Singapore (新加坡上市公司)的子公司。
- 六个月后可能会再offer 更高的价钱购买你手上的票。
- 公司每股的资产超过RM3.60。如果公司售卖产业得到现金很大可能发股息,小股东也一起收益。


目前为止,Wingtai Singapore 还需要2000张的票展开强制性全面收购。以RM1.81购买每股超过RM3.60资产的公司成为这间公司的小股东决对值得!

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