WANG-ZHENG BHD

KLSE (MYR): WANGZNG (7203)

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Last Price

0.555

Today's Change

-0.005 (0.89%)

Day's Change

0.545 - 0.555

Trading Volume

59,900


1 person likes this.

437 comment(s). Last comment by dompeilee 2020-12-19 09:44

limen12

640 posts

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".

beige94

75 posts

Posted by beige94 > 2018-11-30 11:15 | Report Abuse

everyday got selling pressure nowadays, whats happening ? Used to be very quiet with little volume. Any update?

beige94

75 posts

Posted by beige94 > 2018-12-05 19:44 | Report Abuse

has the list for top 30 change? Cold Eye sold last time his chunk?

beige94

75 posts

Posted by beige94 > 2018-12-06 15:04 | Report Abuse

If he sold in July18, then he no longer see any value in Hengan using WZ. Then it would mean we might be wrong in our thesis?

cinapeh

214 posts

Posted by cinapeh > 2018-12-06 15:24 | Report Abuse

who do you think COLD EYE is, WARREN BUFFETT ?????

beige94

75 posts

Posted by beige94 > 2018-12-06 21:50 | Report Abuse

Yes Cold Eye has a good reputation for his value investing picks. So of course when he exits there’s doubts

beige94

75 posts

Posted by beige94 > 2018-12-07 17:16 | Report Abuse

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.

beige94

75 posts

Posted by beige94 > 2018-12-08 15:12 | Report Abuse

11.11 shopping is at very cheap prices la. Although good for brand awareness. but margins are super thin

beige94

75 posts

Posted by beige94 > 2018-12-09 15:46 | Report Abuse

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

limen12

640 posts

Posted by limen12 > 2018-12-18 11:51 | Report Abuse

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.

limen12

640 posts

Posted by limen12 > 2018-12-20 11:19 | Report Abuse

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.

limen12

640 posts

Posted by limen12 > 2018-12-20 17:50 | Report Abuse

only can wait and hope for management to improve financials, losses too big to cut now.

limen12

640 posts

Posted by limen12 > 2018-12-21 21:22 | Report Abuse

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.

Posted by oldchinaman > 2018-12-23 03:34 | Report Abuse

stepped in shit

Posted by oldchinaman > 2018-12-23 03:36 | Report Abuse

WE TURN SHIT INTO GGGGGGGGGGGGGGGGGGGGOLDDDDDDDDDDDDDDDDDDDDDDD

limen12

640 posts

Posted by limen12 > 2018-12-24 18:39 | Report Abuse

Shit might be shit, that we think is gold. Haha. Looks like pride drop more

Posted by oldchinaman > 2018-12-25 01:08 | Report Abuse

SHIT SHIT SHIT -------GOLD GOLD GOLD

apolloang

18,163 posts

Posted by apolloang > 2018-12-25 01:12 | Report Abuse

apa gold,this is pampas company....hahaha

limen12

640 posts

Posted by limen12 > 2018-12-25 12:28 | Report Abuse

yet you still so convicted about turning shit into gold. haha maybe its china management scam us into thinking expansion

apolloang

18,163 posts

Posted by apolloang > 2018-12-25 12:38 | Report Abuse

not shit to gold,pampas to gold ar? hehe.....this company is making adult diapers

calvintaneng

56,755 posts

Posted by calvintaneng > 2018-12-25 21:33 | Report Abuse

Merry Christmas

Wangzng the king of fortress

Told you guys Hk company wants cheap material for China operations.

limen12

640 posts

Posted by limen12 > 2018-12-26 12:17 | Report Abuse

down and down it goes. management dont do anything.

limen12

640 posts

Posted by limen12 > 2018-12-28 01:33 | Report Abuse

wangzhng supporters all quiet ad after drop to RM1. losses becoming too big losing confidence and stuck in high prices

beige94

75 posts

Posted by beige94 > 2019-01-02 23:03 | Report Abuse

Hengan shares tumble from short selling from faking numbers, WangZng not going to grow anymore?

beige94

75 posts

Posted by beige94 > 2019-01-02 23:13 | Report Abuse

Anyone can shed some light on new management ? if true, then its be bad for WZ
please respond @oldchinaman or @catalystor

beige94

75 posts

Posted by beige94 > 2019-01-04 01:49 | Report Abuse

No one can update what is happening on Hengan management?

limen12

640 posts

Posted by limen12 > 2019-01-07 19:31 | Report Abuse

why all so quiet? new management in trouble in parent company.

beige94

75 posts

Posted by beige94 > 2019-01-13 16:40 | Report Abuse

@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

limen12

640 posts

Posted by limen12 > 2019-01-14 00:09 | Report Abuse

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.

Posted by Gabriel888 > 2019-01-14 00:10 |

Post removed.Why?

limen12

640 posts

Posted by limen12 > 2019-01-18 14:32 | Report Abuse

no volume for past few days, where is the few hundred k buyer? haha

limen12

640 posts

Posted by limen12 > 2019-01-25 20:39 | Report Abuse

While other stocks slowly rebounding from better performance. WZ no volume at all or increase. Sad

Posted by Thepainfultruth > 2019-02-07 15:27 | Report Abuse

This stock no gas

hollandking

3,694 posts

Posted by hollandking > 2019-02-07 19:13 | Report Abuse

already told ya dont buy cold storage counters. bursa got this type of counters

Posted by Thepainfultruth > 2019-02-21 21:27 | Report Abuse

Better flush this stock down the toilet bowl

limen12

640 posts

Posted by limen12 > 2019-02-22 21:59 | Report Abuse

WZ qtr will out soon. Then we see if flush down toilet or not

limen12

640 posts

Posted by limen12 > 2019-02-26 09:09 | Report Abuse

where are the updates by @oldchinaman and @catalysor? They no longer interested in WZ?

beige94

75 posts

Posted by beige94 > 2019-03-01 10:13 | Report Abuse

okay results, those who say strong growths, whats ur take? Why no result shown by management?

beige94

75 posts

Posted by beige94 > 2019-03-11 16:34 | Report Abuse

WZ management just doing nothing, letting their share price die. We just trapped

beige94

75 posts

Posted by beige94 > 2019-03-11 16:34 | Report Abuse

WZ management just doing nothing, letting their share price die. We just trapped

Posted by Thepainfultruth > 2019-03-13 22:28 | Report Abuse

Down

limen12

640 posts

Posted by limen12 > 2019-03-18 12:28 | Report Abuse

oldchinaman are catalystor no more updates ad? I guess they also talk only, but now also run away with their money from WZ

beige94

75 posts

Posted by beige94 > 2019-03-19 18:04 | Report Abuse

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.

beige94

75 posts

Posted by beige94 > 2019-03-19 18:04 | Report Abuse

thanks for updating, catalystor. Let's hope management do a good job in 2019

limen12

640 posts

Posted by limen12 > 2019-03-20 00:48 | Report Abuse

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.

limen12

640 posts

Posted by limen12 > 2019-03-20 00:49 | Report Abuse

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?

limen12

640 posts

Posted by limen12 > 2019-03-20 22:47 | Report Abuse

@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.

Posted by powerinvestor > 2019-03-30 12:45 | Report Abuse

Passed by WZ office last week, looked quiet

limen12

640 posts

Posted by limen12 > 2019-03-31 18:04 | Report Abuse

WangZng investor relations doesn't reply to any emails for queries. I emailed them twice already

limen12

640 posts

Posted by limen12 > 2019-04-08 09:53 | Report Abuse

wangzng no support :( just keep dropping.

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