Pc Tan,you must analyse what type of china stock,the parent HENGAN INT 1044.hk is one of the index component stock in hkex with market capital more than HKD 105 Billions ( RM 54B) on 5.6.2017 it acquired 80m ,shares, i believe it will use WANGZNG to deal with SE ASIA business,
Its holding company, Hengan International Group Company Limited is the top producer of sanitary napkins and baby diapers in China. I believe their products will be very soon penetrate into Malaysia and Asian Countries.
HENGAN INT yearly revenue is about RMB 19b ( RM 12b) with a net profit of RMB 3.6b ( RM 2.2b) if WANGZNG revenue is 10% of hengan int it will be RM 1.2b and net profit will be RM 228m, the share price will be RM 37.00 ( based on HENGAN INT PE 26x) this is just my logic prediction,hopefully it will come true : HENG AH !!!!!!!!!!! WANG AH !!!!!!!!!!
Acquisition of Wang-Zheng Group On 5 June 2017, the Group announced that it acquired an aggregate of 80 million shares of Wang-Zheng Berhad (Stock code: 7203), a company listed on the Main Market of Bursa Malaysia Securities Berhad. The Sale Shares represented approximately 50.45% of the equity interest in Wang-Zheng. The transaction price amounted RM91.2 million (equivalent to approximately RMB146 million). On 19 July 2017, the Group closed the unconditional mandatory takeover offer. Taking into account the valid acceptances under the offer, the Group is interested in an aggregate of 80,003,000 shares in Wang-Zheng, representing approximately 50.45% of the equity interest in Wang-Zheng. Wang-Zheng and its subsidiaries are principally engaged in investment holding and the manufacturing and processing of fibrebased products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products and processed papers. The Group believes that the acquisition is undertaken as part of its plan to expand its business operations and diversify its revenue stream outside the People’s Republic of China. The Group will seek to leverage on its extensive experience and work with the existing management team of Wang-Zheng to grow the Wang-Zheng Group. Meanwhile, Wang-Zheng’s sales network covers the major sales channels in Southeast Asia, such as large-scale supermarkets and personal hygiene product stores. The Group will make good use of Wang-Zheng’s current network to bring its products to the Southeast Asian region.
You are a terrible analyst, if you are in the first place. First of all, the counter did not hit limit up last Friday. Secondly, how can you just ascribe target prices of RM2.49 and RM4.00 without any basis. And any dividend yileds below the BLR should not be deemed decent.
And if anyone thinks HENGYUAN is HENGAN... it is not.
Ahmadkamarul if you bought 1 week ago. You already made close to 100%. Don't be sour because you missed the boat. Btw hengan is not hengyuan. But it has a 100b market cap company. Lol
i have 1.6m shares @ RM 1.50, today i bought another 100k @ RM2.05, i got full confident on it. mother share HENGAN INT HKD 87.05 up HKD 2.00 with market cap HKD 104.90b (RM 53.9b) WANGZNG market cap RM 318 m 0.59% only
Wang-Zheng: Share transaction at RM3, potential limit up on Tuesday, Hengan boost to propel growth Author: sectionanalyst | Publish date: Tue, 2 Jan 2018, 07:45 AM
Wang-Zheng Berhad shares briefly hit limit up last Friday with huge volume surge. We gather that the influx of China's funds have propelled the company to it's all time high.
Based on our channel check, we gather that Hengan plans to utilise Wang-Zheng's (WZ) channel to grow its sanitary and cleansing products in ASEAN region. Hengan currently is a HKSE component stock and plans to use WZ to penetrate its growth into Malaysia, Indonesia, the Phillipines, Thailand and Singapore.
In order to do this, the Group is currently in finalization plans to inject assets into WZ. The enlarged WZ group will therefore have higher capability to fend of competition from its regional competitors. We understand the enlarged WZ group will have a market capitalization of more than RM1bil.
We believe that the stock will hit limit up on Tuesday when market resumes as we believe the asset injection involves a potential share transaction at RM3, which is more than 30% of WZ's limit up price of RM1.91, of RM2.49.
We believe with Hengan's head honcho at WZ's helm, the Group could turn out to be the best performer in 2018.
Furthermore, even at current price of RM1.91, WZ offers decent dividend yield of 2%.
For a start, we ascribe a price target of RM2.49, followed by RM4.
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cinapeh
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Posted by cinapeh > 2017-12-29 13:00 | Report Abuse
Pc Tan,you must analyse what type of china stock,the parent HENGAN INT 1044.hk is one of the index component stock in hkex with market capital more than HKD 105 Billions ( RM 54B) on 5.6.2017 it acquired 80m ,shares, i believe it will use WANGZNG to deal with SE ASIA business,