for those who are going to AGM, pls help to ask tough question. why no report about the fire? are they affected?? the market seems to think so.. pls help to share later. tq
waseong is one of beneficiary for Petronas RAPID project in Pengerang. WASCO is award RGT2P linepipe coating project which involves 36” OD pipeline from new LNG terminal in Pengerang to Ulu Tiram.
2nd qtr will have better results. If they remerge, the sum of parts valuation will be higher, stock is under value now due to poor results last 2 qtrs !!!!
Wah Seong (Outperform, TP: RM2.60): To revisit demerger plan. Wah Seong Corp may revive a plan to demerge its core O&G business next year now that its various units are on stronger footing, says deputy MD Giancarlo Maccagno. “We are constantly reviewing this proposal and will proceed if it can unlock value. “It makes sense to run the businesses separately because there isn’t much operational synergy between the O&G and non-O&G units.” The demerger, which had been mooted in 2005, was shelved just months before the listing was to have taken place in the first quarter of 2012. (StarBiz)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fhis
1,207 posts
Posted by fhis > 2014-06-19 16:35 | Report Abuse
time to move....looks like time to rebound..range bound today..good sign of buying..