WONG ENGINEERING CORPORATION

KLSE (MYR): WONG (7050)

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Last Price

0.235

Today's Change

-0.005 (2.08%)

Day's Change

0.235 - 0.24

Trading Volume

75,600


2 people like this.

1,737 comment(s). Last comment by stncws 2024-07-03 19:32

iyin666

101 posts

Posted by iyin666 > 2022-01-04 23:33 | Report Abuse

Think the additional LTIP at 15% of share capital to be priced at not more than 65.5 sen. It's Long Term Incentive Plan for directors , don't think they want to price too high .

investorbat

1,448 posts

Posted by investorbat > 2022-01-05 09:40 | Report Abuse

still some selling T+2,if 0.765 can hold until mid day,not surprise to see breaking 0.80

OTB

11,534 posts

Posted by OTB > 2022-01-05 10:08 | Report Abuse

Cross 0.795 convincingly today will be a good news to us.
Thank you.

ronnie88

65 posts

Posted by ronnie88 > 2022-01-05 10:14 | Report Abuse

wong touch 80c gogogog

kfliau

1,977 posts

Posted by kfliau > 2022-01-05 10:18 | Report Abuse

Yes. Even t+2 today still up. Very good sign

Posted by sherlockman > 2022-01-05 10:42 | Report Abuse

solid move...if close above RM0.80 sui sui

Posted by ValueInvestor888 > 2022-01-05 11:10 | Report Abuse

Besides Wong, investors should have a look on DNEX as well

Simple basis of selecting DNEX

Last quarter alone EPS 9 sen let say x 2 = 18 sen. Should be valued at RM 1.80 easily as semiconductor has good growth prospects. Currently there is still shortage in semiconductors worldwide. China needs a lot of semiconductors....

james0209

155 posts

Posted by james0209 > 2022-01-05 15:21 | Report Abuse

sleeping mode

james0209

155 posts

Posted by james0209 > 2022-01-05 16:25 | Report Abuse

rest 1 more day 1st

Posted by zacklim1688 > 2022-01-05 21:00 | Report Abuse

OTB suggested VIP subscribers to sell first at 0.78 and buy back later during retracement.

OTB

11,534 posts

Posted by OTB > 2022-01-05 21:26 | Report Abuse

I did not tell anyone to sell. I do not know the share price of Wong will be up or down tomorrow.

I still encourage to buy on weakness above 0.70. This is the true statement in my recommendation.
The share price is above "Golden Cross Buy" signal and above 20W EMA in the weekly chart.
The momentum on this stock is very strong.
There is no sell signal out yet.

Please do not follow my recommendation unless you read my report fully.

I do not wish to get involved and to be blamed later.
Thank you.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-01-05 21:32 |

Post removed.Why?

kfliau

1,977 posts

Posted by kfliau > 2022-01-06 17:01 | Report Abuse

Today t+3 forced selling day and still up. Good sign

ronnie88

65 posts

Posted by ronnie88 > 2022-01-06 18:05 | Report Abuse

close green ..nice..

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2022-01-06 19:23 | Report Abuse

To me DNEX is a goreng stock. Silterra has been losing billions for the last 20 years. Old equipment old tech. I don't see anything happening till end of the year if they can pull it off. Bring in TSMC, UMC, Nanya or ASE as partners then things will happen.


ValueInvestor888 Besides Wong, investors should have a look on DNEX as well

Simple basis of selecting DNEX

Last quarter alone EPS 9 sen let say x 2 = 18 sen. Should be valued at RM 1.80 easily as semiconductor has good growth prospects. Currently there is still shortage in semiconductors worldwide. China needs a lot of semiconductors....
05/01/2022 11:10 AM

kfliau

1,977 posts

Posted by kfliau > 2022-01-06 21:10 | Report Abuse

@Ravi Kumar I agree with you. Last quarter about 90% of the profit was from 1 time effect of combination amounting to 268m. Deducting this away, the actual profit is about 35m. Next quarter the net profit will plunge 90% to about 35m qoq

ronnie88

65 posts

Posted by ronnie88 > 2022-01-07 09:31 | Report Abuse

wong sifu show your power..gogogogo

me073194

160 posts

Posted by me073194 > 2022-01-07 18:37 | Report Abuse

hold tight laa

Posted by sherlockman > 2022-01-07 19:14 | Report Abuse

wong is strong!!!

me073194

160 posts

Posted by me073194 > 2022-01-09 21:36 | Report Abuse

limit up tomorrow

ronnie88

65 posts

Posted by ronnie88 > 2022-01-10 09:22 | Report Abuse

Wong sifu up up up

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2022-01-10 11:23 | Report Abuse

WONG above 80 kupang..
Nice..

Posted by sherlockman > 2022-01-10 11:27 | Report Abuse

huatt

Cactusgirl

115 posts

Posted by Cactusgirl > 2022-01-10 12:25 | Report Abuse

Wow, so fast my 30% target reach.

paperplane

21,659 posts

Posted by paperplane > 2022-01-10 12:29 | Report Abuse

takut apa, bossku.....
malu ape, ada xxxx , wakaka.

kfliau

1,977 posts

Posted by kfliau > 2022-01-10 16:33 | Report Abuse

Wong sifu close shop again

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-01-10 16:37 | Report Abuse

So fast run out of steam. Correct?

kfliau

1,977 posts

Posted by kfliau > 2022-01-10 17:10 | Report Abuse

Sudah pancut, Jadi layu

LeonXx9

136 posts

Posted by LeonXx9 > 2022-01-10 18:09 | Report Abuse

Wong also not too good today.

Posted by zacklim1688 > 2022-01-10 23:05 | Report Abuse

Sam and Kobay dropped today. think wong gonna gg soon...

Posted by zakikitoro > 2022-01-11 09:50 | Report Abuse

Pedihhhh

ronnie88

65 posts

Posted by ronnie88 > 2022-01-11 09:53 | Report Abuse

This 2 day wong sifu laosai...sad..

CharlesT

14,951 posts

Posted by CharlesT > 2022-01-11 09:56 | Report Abuse

Wong is a so so pick by OTB...but BSL is his worst pick, assuming no Lien Bee JV

Posted by ValueInvestor888 > 2022-01-11 10:19 | Report Abuse

Look like CharlesT is correct.

Wong 12 months results PBT by segments as follows

Manufacturing profit RM 4.8 m
Construction profit RM 7.3 m

Construction project at tail end with no more new projects. Good meh?

Do some homework if want to follow sifu...

investorbat

1,448 posts

Posted by investorbat > 2022-01-11 10:22 | Report Abuse

Broke 0.765,0.745 support,0.73 is last support before 0.71.Today must close above 0.75,if not ada sikit susah

Posted by ValueInvestor888 > 2022-01-11 10:45 | Report Abuse

sifu entry price should be around 70sen...still can make some chicken rice lah

镠公公

648 posts

Posted by 镠公公 > 2022-01-11 11:00 | Report Abuse

OTB subscribers lost millions in recent years. No money to help him push the price anymore

OTB

11,534 posts

Posted by OTB > 2022-01-11 11:57 |

Post removed.Why?

OTB

11,534 posts

Posted by OTB > 2022-01-11 12:00 |

Post removed.Why?

CharlesT

14,951 posts

Posted by CharlesT > 2022-01-11 12:04 | Report Abuse

Follow the above rules u can always make money fm OTB's buy calls lah

CharlesT

14,951 posts

Posted by CharlesT > 2022-01-11 12:05 | Report Abuse

Even fm Wong n BSL.....lol

OTB

11,534 posts

Posted by OTB > 2022-01-11 13:03 |

Post removed.Why?

OTB

11,534 posts

Posted by OTB > 2022-01-11 13:07 | Report Abuse

I keep track on all my investment records every year.
I know my performance very well.

Please leave me alone, do not disturb me in I3.
KLSE is not good, I do not wish to waste my time to argue here.
Thank you.

kfliau

1,977 posts

Posted by kfliau > 2022-01-11 17:40 | Report Abuse

@OTB, I always have high regard for you, unlike KYY who can switch stance after buy or sell. In your frank opinion, this Wong is still good to hold?

OTB

11,534 posts

Posted by OTB > 2022-01-11 19:30 | Report Abuse

All technology stocks are down because of interest rate fear.
I study very hard on the stock before I invest.
I always buy and hold for 3 months to 6 months.
I follow my strategy to invest.
I cannot advise you, decide yourself.
Thank you.

kfliau

1,977 posts

Posted by kfliau > 2022-01-11 21:39 | Report Abuse

Noted. Thank you

CIO888

31 posts

Posted by CIO888 > 2022-01-12 15:41 | Report Abuse

OTB subscribers lost millions in recent years. No money to help him push the price anymore
------------------------
Answer
I am a very careful investor, I study very hard on the stock before I invest.
I have seen the worst in KLSE and I had also experienced the worst in KLSE before.
Hence I recommend all good fundamental stocks only.
I never lost million in KLSE.
I made many million in KLSE in 2015, 2019 and 2020.
I also made million in AYS in 2021.
Please talk with facts and figures rather than tell lies here.
Please show me the proof that we lost million in KLSE.

I can show proof that we made million in Gamuda-WD, AYS, Supermx, Comfort, all furniture stocks in 2015, VS, Hengyuan, Dayang, Carimin and etc.
Thank you.

---------------------
Maybe was my bad, follow all his recommendations and subscribed for years yet cant make good profit. I always remember Gamuda WE!!!

OTB

11,534 posts

Posted by OTB > 2022-01-12 17:08 |

Post removed.Why?

CIO888

31 posts

Posted by CIO888 > 2022-01-12 17:43 | Report Abuse

OTB Dear CIO888,

I bought Gamuda-WD and I made 200% to 300% profit.
Hence I recommended Gamuda-WE in 2017, the first batch we bought at below 0.50, we made money.
We hold until 2018, we have to cut loss because BN lost in the 2018 election. A market crash in 2018.
Overall I also lost money in 2018. It is the year that I lost money.
I feel sorry for you if you are my subscriber in 2018.
I apologize to you for your loss in Gamuda-WE.
Your comment is genuine.
Thank you.
-------------------------
Dear Mr. Ooi,
Hopefully can recover losses from Hiaptek and Jaks as I have invested most of my capital into these two stocks. I continue to hold Jaks (cost 54c) with paper loss and willing to wait for 1- 2 years to see the result. Thank you.

dasan784

123 posts

Posted by dasan784 > 2022-01-12 21:27 | Report Abuse

Let's talk about WONG ENGINEERING only. Let's not blame anybody for our loses. We are very sad that WONG fell to low of RM0.72. However we should continue to be confident and buy low to average the price. I do not know about OTB at all because i am a very small investor but i have heard that he gives good recommendations after doing deep research. The stocks like WONG came falling for unknown reasons. I am sure Wong will climb back to it's original value. So let's hold head's high and continue to support Wong. We will be winners all the way. Mr. OTB please continue to keep giving us your views on WONG. Thanks

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