Posted by Why2TellMeWhy > 2023-10-04 21:05 | Report Abuse

Break 1.00. Correction incoming gais.

Posted by speakup > 2023-10-04 21:54 | Report Abuse

Game over. Thanks to U turn PMX

Posted by Why2TellMeWhy > 2023-10-06 15:36 | Report Abuse

nothing to do with PMX lah. correction onli. wait for correction to finish.

Posted by Why2TellMeWhy > 2023-10-09 10:46 | Report Abuse

oil up wasco up. need break higher 1.00 to finish correction

Posted by Vincent8864 > 2023-10-13 17:05 | Report Abuse

Sold land with almost 400% gain!!

https://www.klsescreener.com/v2/news/view/1216491

Posted by Vincent8864 > 2023-10-24 21:34 | Report Abuse

Long time no project announcement. Good warming up!
More to come!
https://www.thestar.com.my/business/business-news/2023/10/24/wasco-unit-secures-rm161mil-contract-from-schneider-electric-france

Posted by Vincent8864 > 2023-10-26 16:58 | Report Abuse

Major project announcement soon

Posted by suregoup > 2023-10-27 22:47 | Report Abuse

https://www.temasek.com.sg/en/news-and-resources/news-room/alerts/2023/Impersonation-Temasek-senior-executive-WhatsApp

Posted by Vincent8864 > 2023-10-28 12:39 | Report Abuse

HLB`s TP 1.27

https://www.klsescreener.com/v2/news/view/1223115

Posted by Why2TellMeWhy > 2023-11-03 18:46 | Report Abuse

gud closing at 1.01. Hehe. Correction finished! Gogogo again

Posted by Vincent8864 > 2023-11-03 19:49 | Report Abuse

Big boss also top up recently!

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' SERI ROBERT TAN CHUNG MENG | https://www.klsescreener.com/v2/announcements/view/5798745

Posted by Vincent8864 > 2023-11-03 19:51 | Report Abuse

Land disposal recently for consideration of RM 40 million, disposal gain about RM30 million. Use to repay load and as working capital for new projects!


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS | https://www.klsescreener.com/v2/announcements/view/5804583

Posted by Vincent8864 > 2023-11-20 23:02 | Report Abuse

Open on WASCO`s 1 year chart, you will find a 45° uptrend line. Consistently moving up.

QR report is coming maybe within this week, more project construction progress recognized in this quarter. The results is expected a good one.

Posted by tanrich > 2023-11-23 14:39 | Report Abuse

Q3 announcement coming soon. Expect good results.

Posted by Vincent8864 > 2023-11-29 10:53 | Report Abuse

3 consecutive quarter recorded profit! Well-done WASCO !

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5975435

Posted by Vincent8864 > 2023-11-29 16:01 | Report Abuse

Congratulations! Wasco back to 1.00. let's challenge the next level !

Posted by Vincent8864 > 2023-11-29 17:07 | Report Abuse

Congratulations to thus holding Wasco from RM 0.5x almost 100% gain!!

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations | https://www.klsescreener.com/v2/news/view/1240587

Posted by Vincent8864 > 2023-11-29 17:26 |

Post removed.Why?

Posted by Vincent8864 > 2023-12-14 11:51 |

Post removed.Why?

Posted by Vincent8899 > 2023-12-19 14:58 | Report Abuse

New project announcement coming soon!

Posted by Vincent8899 > 2023-12-25 10:58 | Report Abuse

Merry Christmas to all !!!! 🎄🎉🎊

Posted by Vincent8864 > 2023-12-29 10:06 | Report Abuse

Happy new year!!! Wishing you and your family a safe, healthy, and prosperous new year! 🎉🎉🎉

Posted by Vincent8864 > 2024-01-12 09:42 | Report Abuse

Hohoho challenging 52 weeks high today!!

Posted by Vincent8864 > 2024-01-18 22:40 | Report Abuse

Today’s Stock Picks｜WASCO could rise 42% as demand for oil and gas picks up
Chinapress Thu, Jan 18, 2024 09:11pm - 1 hour



Brokerage: RHB Investment Bank Research
Investment recommendation: Buy
Target price: RM1.43
Closing price: RM1.06 (as of January 18)
Earnings per share: 14 sen (estimated for FY2024)
Price-to-earnings ratio: 7.44 times (FY2024) Year estimate)
Dividend yield: - (FY 2024 estimate)
ESG score: 2.8 points (out of 4 points)

Thanks to the strong demand for floating production, storage and offloading vessels (FPSO) and natural gas projects, which has led to an increase in recent profit potential, order volume and bidding volume, we are optimistic about WASCO (WASCO, 5142, main board energy), with a target price of At RM1.43, it is expected that there is still room for growth of 42%.

In the long term, we believe Huasike can seize the opportunities brought by the global energy transition wave and leverage engineering, procurement and construction (EPC) and pipe-coating capabilities to achieve sustainable growth in the bioenergy sector.

As of the third quarter of 2023, Huasike holds orders worth RM3.6 billion, 92% of which are related to energy services, followed by bioenergy services (8%). The company is bidding for about RM7 billion in projects, mostly in the oil and gas sector in West Asia, Australia, Africa and Malaysia.

Posted by Dehcomic01 > 2024-01-19 08:48 | Report Abuse

Wasco is a Bursa energy services company with a volatile ROE over the past decade. It ranged from negative 34 % to postive 12 % with an average of negative 3%.

Over the same period the ROE of my reference Bursa energy company – Dayang - ranged from negative 27 % to positive 22 % with an average of pos-tive 5%. https://ujianehc.blogspot.com/2023/12/dayang.html

Wasco did not perform as well as Dayang. But Wasco 2023 ROE based on Sep 2023 LTM results show that it is around its historical high. And with the news about coming high crude oil prices, it may mean that the 2024 ROE will also be good.

When you compare Wasco ROE trends with the market price, you can see a reasonable correlation. But the current market price has yet to reach its historical high. Is this a short term investment opportunity?
https://i.postimg.cc/TYTvSy6J/Wasco.png

Posted by Vincent8864 > 2024-01-31 18:53 | Report Abuse

WASCO already RM1.25 congratulations to thus bought below RM 0.60!!! 100% gain already!😊😊😊

Posted by ychong88 > 2024-02-03 12:10 | Report Abuse

still have story can carry on the uptrend ? or reverse to downtrend ?

Posted by Vincent8864 > 2024-02-03 16:12 |

Post removed.Why?

Posted by ychong88 > 2024-02-05 20:04 | Report Abuse

hopefully can get another round up

Posted by Why2TellMeWhy > 2024-02-14 16:30 | Report Abuse

1.50 incoming. hehe

Posted by ychong88 > 2024-02-14 17:15 | Report Abuse

when ? sure or not ?😀

Posted by Why2TellMeWhy > 2024-02-14 21:55 | Report Abuse

HODL. hehe. 2.00 after 1.50. Correction no problem. Janji don't break below 1.0

Posted by Why2TellMeWhy > 2024-02-20 16:08 | Report Abuse

Incoming incoming. Hehe

Posted by Vincent8864 > 2024-02-27 19:16 | Report Abuse

WASCO posted highest revenue 800 million and highest profit 35 million since Dec 2017.

On 28th Feb 2018 WASCO reported the highest revenue, highest profit ever for QR ending Dec 2017. Share price peak at RM 1.65 and moving south after the peak.

This round how far the share price could go??

Posted by Why2TellMeWhy > 2024-02-27 21:30 | Report Abuse

1.50 >> 2.00

Posted by Vincent8864 > 2024-04-22 21:10 | Report Abuse

Sold one batch today at 1.38. Hope I can get back below 1.00.

Posted by Vincent8864 > 2024-04-28 09:42 | Report Abuse

Sold 2nd batch 1.50 on Friday. Time to harvest the return from now. Next batch target 1.69 😘😘😘

Posted by hhhiii123 > 2024-04-28 19:48 | Report Abuse

hope another YLT, hehe

Posted by Vincent8864 > 2024-05-22 15:31 | Report Abuse

Wasco already hit 5 years high. Next week`s QR report should be another impressive quarter. Stay tuned!!

Posted by Vincent8864 > 2024-05-30 19:30 | Report Abuse

Wasco registered best profit since 2017. 57m profit this quarter with 643m revenue! 😃😃😃

Next quarter could give record breaking profit!!!

Posted by tanrich > 2024-06-06 10:41 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/06/wasco-optimistic-about-its-pipe-coating-business

Posted by tanrich > 2024-06-06 10:41 | Report Abuse

https://theedgemalaysia.com/node/714253

Posted by tanrich > 2024-06-06 10:41 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2024/06/05/wasco-expects-better-profits-in-coming-quarters-with-robust-order-book/

Posted by Invest_888 > 2024-07-18 15:49 | Report Abuse

Wasco should be bright again once the oil price going up. I think when the US begin cutting interest rate, the oil price will go up. Wasco as one of the best oil stock will benefit from it.

Posted by Penarak > 2 months ago | Report Abuse

https://www.offshore-energy.biz/saipem-scoops-up-4-billion-for-work-on-mega-natural-gas-field-offshore-qatar/#:~:text=Saipem's%20latest%20EPC%20contract%20has,natural%20gas%20reservoir%20located%20offshore

Posted by bullrun168 > 1 month ago | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

Posted by yewyin33 > 1 month ago | Report Abuse

If you examine its price chart carefully, you will notice that it has been dropping in the last 3 months. But its share price recovering in the last one month. It is floating between Rm 1.07-1.09 in the last one month. It is very safe to buy at this current level.

Posted by waseong > 3 weeks ago | Report Abuse

No major project in 2025. Huge expense includes pay worker wages, OT, equipments, and etc. Major shareholder regret and cease. Why KYY still want to trap people to buy
? Why

Posted by yewyin33 > 1 week ago | Report Abuse

waseong, if you check your track record, you will notice that you have been losing money in the stock market. That is why he is telling people to sell Wasco now, Koon Yew Yin

Posted by HollowEcho > 1 week ago | Report Abuse

I am very hopeful for Wasco's upcoming QR as well! The profits are solid and so is the oil price, they are most certainly in relative comfort. Next quarter, I wouldn't be shocked if the profits were unprecedented. Just have to watch out for those market trends.