This Wan Khalik seems to be a strong person following Tun M to China..He is executive chairman here n also in G3. Good chance to get project by JV with Gadang. Let's see how it performs next week.
most bumi company will get project in bm n ecrl. Mrcb te biggest beneficiary. WDL sure get ecrl. Latest 1% value of contract. Gadang jv . I bought coz of tis. Wdl - 1.30- 1.50 . Will stabelize .below 1.00 very very cheap .
After this acquisition, Gadang became the 2nd largest shareholder in DWL. If look carefully the 30 largest shareholders in DWL latest AR, will see that there is one shareholder named "Green Packet Holdings Ltd" also held DWL shares about 3.44mil units or 1.73%. Who's the Green Packet Holdings Ltd? They are the largest shareholder of Green Packet Berhad, which deemed as their ultimate holding company. Any relationship between Green Packet Berhad and Gadang? Yeah, Kok Onn and Boey Tak Kong are the non-executive directors of Green Packet Berhad~~
waiting get contract then share price will limit up ..after that doing share split or bonus issue for liquidity...worth to buy warrant and will cut loss if warrant drop below 30 sen
Monday could easily rise to 1.5 as it had been oversold; with the impending ECRL project wins together with Gadang , the share price could spike above 2.2 in short term !
As 20m shares were transacted at 0.9 on Friday , tomorrow might see a strong rebound to 1.5 as the selling party would not dispose in open market and the buying party (Gadang) would want to push the price up and those interested to buy have to buy in open market and in the process inevitably push up the share price; and with Gadang on board, it further strenghthens DWL's prospects in the bid for ECRL especially with former MRT CEO as the new MD
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....
geraldt9
904 posts
Posted by geraldt9 > 2019-04-25 19:45 | Report Abuse
Looks like this counter is purely speculative play ...no solid news whatsoever..