Posted by Rajapu > 2018-04-11 11:30 | Report Abuse

coma? worth reviving this?

Posted by raymondlim > 2018-04-13 07:53 | Report Abuse

How to?

Posted by Rajapu > 2018-04-13 19:02 | Report Abuse

Better watch a boring movie

Posted by raymondlim > 2018-05-16 00:37 | Report Abuse

Komidi

Posted by commonsense > 2019-03-21 12:57 | Report Abuse

This is a property developer company that has never been able to deliver any profit for the past 9 years since 2010. Those that think the company could suddenly turnaround and deliver profit in FY19 is putting too much hope on the company’s management ability. The most probable outcome would be another loss year for 2019.

The company is also facing liquidity issues. They have a short-term liability of RM113mil but only RM13mil of cash reserve. Unless the company can sell some of their lands quickly, the most likely event would be an equity capital raising (private placement or right issues).

If you are looking to hedge your portfolio outside of WMG Holdings (due to its weak earnings outlook and also weak balance sheet), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.4x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by saltedbarracuda > 2019-07-10 06:37 | Report Abuse

comatose stage

Posted by Pc Tan > 2019-10-10 20:01 | Report Abuse

buy plus?

Posted by ibull > 2019-11-05 16:34 | Report Abuse

apa cerita?......up 3 sen

Posted by Antagantz > 2019-11-05 17:14 | Report Abuse

I smell something, someone cooking good soup today .

Posted by Antagantz > 2019-12-11 10:25 | Report Abuse

Lambing!!!!!!!

Posted by Antagantz > 2019-12-11 10:31 | Report Abuse

Come on, limit up please!!

Posted by GoHaiDuongGo > 2019-12-11 10:34 | Report Abuse

good news will be announced sooooon

Posted by Antagantz > 2019-12-11 11:36 | Report Abuse

Not bad, from 8.5 cent to 12sen. Thank you WMG... c u at 8.5 CT again

Posted by GoHaiDuongGo > 2019-12-12 17:07 | Report Abuse

wow, going strong

Posted by GoHaiDuongGo > 2019-12-13 22:23 | Report Abuse

not a bad week

Posted by Hunter70 > 2020-04-16 21:26 | Report Abuse

Current CEO is useless. Old business was built up by Kong but he got ousted out due to he is minor share. WMG's valuation should be higher provided the CEO resigned. He is leading this company down to the drain. A few failed projects after RTO. Sejati Walk with no proper management. They should engage good reputable mall manager to run the show not some amateurs. A high rise condo in Sandakan. Even IJM suffered with their high rise project. Lately a development near Kolombong Industry Zone, are they nuts or what? Our valuation is only worth 3.5 cents.

Posted by BountyOfTheBourse > 2020-07-05 18:30 | Report Abuse

whoa!!!

Posted by BountyOfTheBourse > 2020-07-05 18:30 | Report Abuse

up 40%!!!

Posted by BountyOfTheBourse > 2020-07-05 18:31 | Report Abuse

interesting looking stock for sure

Posted by BountyOfTheBourse > 2020-07-05 18:31 | Report Abuse

wonder why nobody pushed it before

Posted by BountyOfTheBourse > 2020-07-05 18:32 | Report Abuse

very very under the radar so far

Posted by BountyOfTheBourse > 2020-07-05 18:33 | Report Abuse

oh dear

Posted by BountyOfTheBourse > 2020-07-05 18:33 | Report Abuse

walaweyh

Posted by ProsperousRealm > 2020-07-06 15:34 | Report Abuse

waah

Posted by ProsperousRealm > 2020-07-06 15:35 | Report Abuse

up another 9.52%

Posted by ProsperousRealm > 2020-07-06 15:35 | Report Abuse

crazy ohh

Posted by ProsperousRealm > 2020-07-06 15:36 | Report Abuse

siapa yg beli before spike kaya la

Posted by ProsperousRealm > 2020-07-06 15:36 | Report Abuse

walaweyh

Posted by Sales > 2020-08-10 15:26 | Report Abuse

MKLand is much better. NTA RM1.00

Posted by 631207115149 > 2020-08-19 10:18 | Report Abuse

PP bila result ni..

Posted by dompeilee > 2020-08-25 09:38 | Report Abuse

Bought WMG @ 14c

Posted by 1stDegreeBurn > 2020-08-25 09:59 | Report Abuse

You actually got it at 14c. Lucky you. Guess you will see 20c

Posted by PennyStock123 > 2020-08-25 11:41 | Report Abuse

QR out 28 aug?...

Posted by PennyStock123 > 2020-08-25 16:25 | Report Abuse

nice

Posted by dompeilee > 2020-08-25 17:03 | Report Abuse

Last time I made a lot of $$$ from this stock right after the IPO. It was called Tekala. Bought @ 3.92 & sold @ 7.55 in 1997.

A few more rounds made, in 2007, 2011 & 2013. This is my first time re-entering since selling off Tekala in 2013 =)

Posted by Legend > 2020-08-25 17:06 | Report Abuse

Wah...congrats... I enter late 0.16...ok la haha

Posted by PennyStock123 > 2020-08-26 08:44 | Report Abuse

any target price?....

Posted by Knm_bottomed > 2020-08-26 10:31 | Report Abuse

QR can profit?

Posted by Knm_bottomed > 2020-08-26 11:46 | Report Abuse

Sabah election coming

Posted by Knm_bottomed > 2020-08-26 14:59 | Report Abuse

Gov building housing projects in Sabah

Posted by PennyStock123 > 2020-08-28 15:55 | Report Abuse

QR in the green

Posted by starlight2020 > 2020-09-01 17:21 | Report Abuse

any reasons why the price keeps dropping? can buy? or the spike is short-lift....

Posted by sadokun > 2020-09-03 14:06 | Report Abuse

Recent vol spike, something coming??

Posted by PennyStock123 > 2020-09-08 10:14 | Report Abuse

ok....wake up orady

Posted by 1stDegreeBurn > 2020-09-08 16:48 | Report Abuse

A revisit of 20c soon, hopefully. But judging from the current behaviour, investors here could be in for a surprise. Do have an exit plan ready.

Posted by starlight2020 > 2020-09-11 09:13 | Report Abuse

1stDegreeBurn,...
Wat u meant by investor could b in for a surprise? New investors?...and exit plans mean?

Posted by starlight2020 > 2020-09-11 09:45 | Report Abuse

Exit plans meant...game over for now?..as it drops back to square one..12.5c today...

Posted by dompeilee > 2020-09-12 09:54 | Report Abuse

dompeilee Bought WMG @ 14c
25/08/2020 9:38 AM

I forgot to announce that I sold WMG on Tuesday.

Posted by starlight2020 > 2020-09-12 17:45 | Report Abuse

So..dompeilee..it is game over ?..

Posted by FaizalHamzah > 2020-09-15 08:49 | Report Abuse

hope today have some go up movement