CFTrader Bought at 2.10 again. Reason to bought, potential of 70% increase in dividend once the new factory sets in.
The QR release in November, I expect at least a 20% increase QoQ as new factory is set up at September (QR report July -> September) ... (70% x 1/3 = 23.33%) 24/09/2015 16:18
Wellcall Holdings Bhd net profit for the fourth quarter ended Sept 30, 2015 (4QFY15) jumped 65.9% on-year to RM12.95 million or 3.9 sen per share, due to tax write-backs from capital allowances on its new plant, as well as better than expected utilisation of production capacity.
Heard that some overseas stock has recall due to defective products in the newspaper - not sure but it may affect the share price - everything else is dropping... sure this will also drop too.
Chairman of Wellcall states that the company was losing money in 2014 and 2015. 2015 due to investment of another new factory. No divident in Aug 2015 cos of this reason. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4989253 Reasons for Poor Company Performance 1) World economic recession resulted in less demand for product 2) Product sales increase 9% in one department but decrease in 5.4% in other department 3) Increase of Operating cost by 3.2Million ringgit or 3.4% 4) 2.6 million ringgit loss on August 31 last year but more by this year end 5) Rm $240,000 loss this year compared to $850,000 loss last year.
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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....
beautiful668
29 posts
Posted by beautiful668 > 2015-10-22 01:05 | Report Abuse
The takeover and suspended news are just sounds unbelieveable.