Posted by kyy_superinvestor > 2021-06-24 20:32 | Report Abuse

Just buy....follow me

Posted by Musfaz83 > 2021-06-25 08:44 | Report Abuse

they shud take it private

Posted by Musfaz83 > 2021-06-25 11:34 | Report Abuse

up 10c

Posted by Musfaz83 > 2021-06-25 16:40 | Report Abuse

laii

Posted by DobitaLim > 2021-06-27 20:13 | Report Abuse

Limit down soon
Wakahkahkah

Posted by Musfaz83 > 2021-06-28 10:42 | Report Abuse

still hold

Posted by kyy_superinvestor > 2021-07-12 22:57 | Report Abuse

I heard Guan ni ma said tommorow whitehirse will fly to the sky

Posted by risktoreward > 2021-07-26 11:01 | Report Abuse

collect @ 0.655

Posted by risktoreward > 2021-08-09 16:10 | Report Abuse

sold all @ 0.845 for 30% gain

Posted by 7chewe > 2021-08-10 20:12 | Report Abuse

WTHORSE catch my attention as it fulfilled limit up criteria. Price has been high previously and now drop to bottom.

Can obviously see low volume previously, and lately a bit active. Just break recent high. To verify why, we notice they selling a piece of land worth RM 113.45 million. This could translate into RM 0.472 per share. After checking into balance sheet, not hard to see they are quite cash and asset rich which have NTA above RM 2.00. Selling this piece of land will bring them into net cash position of roughly RM 0.525 per share. Special dividend might be potentially announce after this land disposal deal.

Since NTA (property and plant) worth above RM 2.00, and cash so rich, I wound think that if boss wanna do privatization, it should give a price tag of at least RM 1.30-RM 1.80.

https://klse.i3investor.com/blogs/logicdiary/2021-08-09-story-h1569653804-HOW_TO_SPOT_A_LIMIT_UP_STOCK_PART_2_Answer_by_LTA.jsp

Posted by 7chewe > 2021-08-10 20:13 | Report Abuse

HOW TO SPOT A LIMIT UP STOCK ? PART 2 Answer by LTA

Posted by 7chewe > 2021-08-10 20:14 | Report Abuse

White Horse: Disposes of land in Vietnam for RM113m. White Horse is disposing of a piece of leasehold land with buildings in Vung Tau, Vietnam for RM113.45m. The group is selling the land measuring 278,511 sqm to Vietnam's Viglacera Tien Son Joint Corp. The disposal is expected to improve its bottom line in the long run as the ceased operation in Vietnam would reduce its loss position. (The Edge)

Posted by 7chewe > 2021-08-10 20:17 | Report Abuse

White Horse disposes of land in Vietnam for RM113m

KUALA LUMPUR (June 22): Ceramic tile maker White Horse Bhd is disposing of a piece of leasehold land with buildings in Vung Tau, Vietnam for RM113.45 million.

The group is selling the land measuring 278,511 square metres to Vietnam's Viglacera Tien Son Joint Corp, it said in a bourse filing.

White Horse said the disposal is expected to improve its bottom line in the long run as the ceased operation in Vietnam would reduce its loss position, besides consolidating the production facility in Malaysia.

The expected gain from the disposal is RM58.3 million, the group added.

White Horse's share price rose one sen or 1.63% to 62.5 sen today, giving the group a market capitalization of RM148.79 million.

https://www.theedgemarkets.com/article/white-horse-disposes-land-vietnam-rm113m

Posted by dompeilee > 2021-08-17 09:53 | Report Abuse

dompeilee Speculatively bought some WTHorse @ 66.5c & recommended 2 preferred clients =)
16/04/2021 9:30 AM

SOLD all my WTHorse for 85c =D

Posted by dompeilee > 2021-09-03 18:29 | Report Abuse

Re-purchased WTHorse for 70c today.

Posted by Degil88 > 2021-09-06 11:12 | Report Abuse

BUY TP 1.50

Posted by dompeilee > 2021-09-09 09:09 | Report Abuse

Flyyyy!!!

Posted by dompeilee > 2021-09-09 09:58 | Report Abuse

FLYYYY some more! =)

Posted by SpicyMcDeluxe > 2021-09-15 11:36 | Report Abuse

kekw

Posted by kyy_superinvestor > 2021-09-27 13:29 | Report Abuse

I have sold all... bye-bye whitehorse

Posted by risktoreward > 2021-09-28 15:50 | Report Abuse

Enter at 0.715

Posted by kyy_superinvestor > 2021-10-02 18:45 | Report Abuse

I buy back again coz I heard whitehorse will increase asp by ten percent next week...hehehe

Posted by risktoreward > 2021-10-05 17:33 | Report Abuse

Added more at 0.705

Posted by dompeilee > 2021-10-12 09:04 | Report Abuse

Cannot jump already lo...so how?

Posted by risktoreward > 2021-10-12 09:47 | Report Abuse

Yeah, need to hold 2-3 months more. I have a guessing how this will pan out

Posted by dompeilee > 2021-10-22 10:30 | Report Abuse

Gooo WTHorse!

Posted by dompeilee > 2021-10-25 14:57 | Report Abuse

Hang on tight & ignore the tin kosing...empty vessels make the most noise a.k.a tin kosong paling bising...sesuai diisi dgn t@hi lol

Posted by risktoreward > 2021-10-25 16:37 | Report Abuse

Wah surprise surprise

Posted by risktoreward > 2021-10-25 16:38 | Report Abuse

Can change name to dark horse dy

Posted by dompeilee > 2021-10-26 09:35 | Report Abuse

dompeilee Re-purchased WTHorse for 70c today.
03/09/2021 6:29 PM

Cut profit on WTHorse @ 78.5c

Posted by dompeilee > 2021-10-26 12:39 | Report Abuse

LOL @ the psycho vomiting & ranting all over i3

Posted by risktoreward > 2021-10-26 22:18 | Report Abuse

Director buying

Posted by dompeilee > 2021-10-27 15:15 | Report Abuse

Hmmm...forgot I still hv WTHorse in my margin a/c bought @ 70.5c early in Oct =)

Posted by jokerforever21 > 2021-10-27 15:17 |

Post removed.Why?

Posted by dompeilee > 2021-10-27 15:48 | Report Abuse

Too many counters...here, in HK, SG, US & Japan...easy 2 forget esp when sometimes one counter has been bought in 2 or 3 trading accounts in different banks lol Like yesterday I saw the name Nippecraft & recalled buying in 2017 but then couldn't remember if I had sold or not...had to check...

Posted by dompeilee > 2021-10-29 07:46 | Report Abuse

flippratapang72sai cannot deny he got HURT badly...now haunting i3 to kowbehkowbu LOL!!!:

pang72 I all in maybulk, so how leh?
You quit kah?
08/10/2021 3:25 PM


pang72 Lucky I bought so much..
People will jealous me when end Nov QR out!!
08/10/2021 5:34 PM

Posted by davidkkw79 > 2021-11-26 19:55 | Report Abuse

Congrat ! Very Chun chun QR out !
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3213229

Posted by dompeilee > 2022-02-23 18:38 | Report Abuse

Congrats to all (still) holders =)

Posted by dompeilee > 2022-04-07 19:49 | Report Abuse

4% dividend yield...Mouthwatering!!!

Posted by Cockroach Paul Lee > 2022-04-10 00:43 | Report Abuse

Let’s follow big boss … sapu ! Monday limit up …gogogo

Posted by Noni > 2022-04-13 04:35 | Report Abuse

Ok ok, horse run come .....

Posted by SincereStock > 2022-05-25 12:00 | Report Abuse

bought in at RM0.665. parking my money here hoping for liquidation and distribution of the company's net asset / cash.

if management isn't willing to distribute evenly with shareholders, they can also privatize first before liquidate the company

Posted by SincereStock > 2022-05-25 12:04 | Report Abuse

more than half of the company's NTA can be considered at NET CASH, not to mention the rest of the properties and equipments

Posted by Dehcomic01 > 2023-10-26 09:49 | Report Abuse

White Horse is currently trading below its Graham Net Net. The Graham Net Net is a short hand for its liquidation value. So why is the market so pessimistic? This is not a sunset sector and there is no digital disruption

Posted by consulting24 > 2023-10-26 11:13 | Report Abuse

It's certainly promising to hear that the company has consistently recorded profits for the past 10 years, with a solid 10% increase in the most recent three years. The expansion into Vietnam and involvement in mega projects in Malaysia are clear indicators of their growth potential. Based in Johor, this company seems well-positioned for a bright future. Keep a close eye on their developments; it could indeed be just a matter of time before they achieve even greater success.

Posted by dompeilee > 2024-03-04 11:24 | Report Abuse

dompeilee

Re-purchased WTHorse for 70c today.

2021-09-03 18:29

🤗🤗🤗SOLD 1/2 @ 83.5c!🤗🤗🤗 Keep some for LIMIT UP!!!📈

Posted by UnicornP > 2024-03-04 12:23 | Report Abuse

Actually I very interested in Wthorse one. Just don't like the pre-QR buy up on Feb 27.

Posted by Hew Kiong Peng George > 2024-03-05 06:36 | Report Abuse

Hidden gem Co, rm1 easy hit

Posted by tinman > 2024-03-05 09:50 | Report Abuse

huge upside potential especially given the relatively low number of shares issued. Positives seen with company directors purchasing shares aggressively in the not too distant past.

Posted by Dehcomic01 > 2024-06-01 17:28 | Report Abuse

Ben Graham, the father of value investing, made famous the valuation metric known as the Net-Net. It is computed by deducting the total liabilities from the current assets. Many consider the Net-Net as a short hand for the liquidation value.
In Ben Graham days, he focussed on buying companies trading at a discount to their Net-Net. The logic was that if these are viable businesses, there is no reason for them to be trading below the liquidation value.
White Horse currently has a Net Net value of RM 1.39 per share compared to its market price of about less than RM 0.80 per share. Is this a viable business or is this a company going out of business?
White Horse is a leading ceramic tile manufacturer in the region and its performance over the past few years were impacted by the soft property market. It incurred losses.
If you believe that the property sector is cyclical and we are now leaving the bottom of the cycle, the performance of White Horse would improve. More important if it survived so far and is financially sound, ie not a company facing liquidation, the market must be wrong to price it below its liquidation value.
Is the market wrong or do you follow the crowd and avoid this Net Net? For more insights into White Horse refer to page 20 of INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol209-Invest-31May.pdf