it might seem so. I am just giving management more time to execute because all great things take step by step to finally get the wheel spinning. If by mid-2019 (it will be 2 years since acquisition), and still no positive outcome then we know this management is doing nothing for WZ, but using it as "spare tyre".
Only can wait for next quarter to see outcome of new management in expansion. Management have been not transparent on their plans in Bursa. Only Hengan side mentions one or two sentence about WZ.
thanks for your insights. I think my expectations were just too high for new management for their expansion plan into SEA. I guess theres improvement in financials, but the full expansion is yet to come
year end ad. any update on whether new management fully taken over ? keep hearing transition transition to new management happening in Dec. If really so, next quarter should have considerable jump.
seems like more and more people losing confidence in managament. price at new low for this year. Soon, we might see below 1. Management no transparency to shareholders of their plans make us blindly wait to slowly die as people lose patience.
You have such high conviction about their potential growth to put so much in WangZhng, yet dont see management being open about their plans would be worrisome for some people.
@oldchinaman you say KYY and Coldeye are Con Men but their trackrecord is quite amazing. the issue with WZ is that no update by management. hopefully this year management will be more transparent with shareholders on their plans
great investors can also make mistake, but their overall picks still cover their mistakes. for WZ i just hope 2019 will be the year they perform on their expansion plan.
The last sentence you wrote: In addition, as part of its strategic plan for the South East Asian market, the Group has established a sales office in Indonesia to promote and sell Hengan branded products.
The "Group" here meaning, Hengan alone without WZ? or WZ is the one doing it? I also like this business, and still holding on to it for the expansion, but the worries come from the lack of updates by management.
As of now, I dont see why Hengan need WZ to enter Indonesia market. They already have Hengan Global (http://www.gpi-g.com/serv-trad1.html) to penetrate the Indonesia market. Anyone can share their view on this? If this is true, then WZ might be only for MY market.
As of now, I don't see why Hengan need WZ to enter into Indonesia market. They already have Hengan Global (http://www.gpi-g.com/serv-trad1.html) to penetrate the Indonesian market. Anyone care to share their views on this?
@catalystor, but what about Hengal Global? won't that be overlapping? I also heard that they going to complete building a factory in Indonesia under Hengan Group (Not WZ) in 2019. Don't know whats the overall synergy plan they going for in Indonesia for WZ and Hengan.
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limen12
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Posted by limen12 > 2018-11-29 17:23 | Report Abuse
it might seem so. I am just giving management more time to execute because all great things take step by step to finally get the wheel spinning. If by mid-2019 (it will be 2 years since acquisition), and still no positive outcome then we know this management is doing nothing for WZ, but using it as "spare tyre".