Posted by CFTrader > 2017-04-18 16:31 | Report Abuse

lel . JPM ... i haven't heard some development ...

Posted by Cockcroach > 2017-04-28 21:37 | Report Abuse

Bought in already today

Posted by omgimnoob > 2017-04-29 09:58 | Report Abuse

Too expensive now

Posted by Cockcroach > 2017-04-29 10:52 | Report Abuse

Read one month ago that business has improved and continuosly

Posted by leelc70 > 2017-05-02 12:17 | Report Abuse

based on its nature of business which majority to export and customize rubber horst, their business will spur with the slowly grow momentum from Europe and US market. Coming result shall be satisfactory.

Posted by Cockcroach > 2017-05-02 21:20 | Report Abuse

Nice closing today

Posted by Cockcroach > 2017-05-22 13:20 | Report Abuse

Yay, increased quarter and 2c dividend

Posted by omgimnoob > 2017-05-22 18:47 | Report Abuse

Tq Mr. Hwang Sha!

Posted by lcefish > 2017-05-26 16:20 | Report Abuse

y keep drop

Posted by Cockcroach > 2017-05-26 16:23 | Report Abuse

Market bad.... Most counters kena bashed

Posted by Penang_lang > 2017-05-28 05:34 | Report Abuse

Mondrian Investment Partners Ltd keep disposing. Wonder who will get burned like in OldTown, Dutaland?
https://klse.i3investor.com/servlets/stk/annchsh/7231.jsp

Posted by omgimnoob > 2017-05-29 21:31 | Report Abuse

Mondrian Investment still own 18,699,200 units of shares. Long way to go, if they intend to dispose all the shares, it will be RM1.00 per unit? Let's pray it sells more!

Posted by Cockcroach > 2017-05-29 21:33 | Report Abuse

They can have a private dealing for a big chunk

Posted by omgimnoob > 2017-05-30 15:08 | Report Abuse

More drop please to reach 5% dividend yield. Tq

Posted by Cornerstone > 2017-05-30 15:09 | Report Abuse

don't worry, it will definitely drop more...

Posted by ks55_ > 2017-05-30 20:48 | Report Abuse

Already said Mondrian Investment sold don't be stubborn. Below RM 2 coming.

Posted by Penang_lang > 2017-06-20 20:39 | Report Abuse

Again Mondrian Investment disposed.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5465857

Posted by omgimnoob > 2017-06-22 17:30 | Report Abuse

Today Mondrian Investment disposed again.

Posted by khuen > 2017-07-17 20:54 | Report Abuse

SHARE SPLIT!! It is worth to hold it and did not sell at RM2.80+.

Posted by kelvinteh15 > 2017-07-18 10:34 | Report Abuse

I don't see the benefit for share split . Same earning and profit . Eps and and divident will be dilute . 2 ringgit stock become 1.5 not much difference

Posted by martensite > 2017-07-18 15:00 | Report Abuse

2014, share just split, now share split again.. 2016, Wellcal facing lost in whole year.. but still paid RM0.023 dividend.. EPS not improved much and since 2016... Wellcal price at RM2++ is overvalue, reasonable price should be around 1.4 to 1.5
share split will cause par value more lower and market will float with more Wellcal share.. purpose of Wellcal management to do this exercise is to get more money from public.

Posted by CFTrader > 2017-07-18 15:47 | Report Abuse

martensite, you know , as an Amateur trader, i can't brain your logic behind your statement.

- Sharesplit = float more share = get more money from public ?
- 2016 wellcall facing lost ????
- now sharesplit ? Where is the announcement
- paid RM 0.023 dividend only ?

Omg, please educate yourself about investing.

My face is just like Will Smith ????? face meme.

Posted by khuen > 2017-07-18 22:56 | Report Abuse

I have studied alot of its news and annual reports, it is indeed one of the top company among industry field in terms of ROE, gearing, cash flow, margin and etc. Thats why the PE is higher compared to its peers.

Posted by CFTrader > 2017-07-25 18:25 | Report Abuse

i believe that the PE is high because of the consistent payout of the dividend.

Usually, with liquidity, and some Moat, the market won't price this share with a DY% of 5% and above.

Sincerely,
CFtrader

Posted by martensite > 2017-08-02 16:21 | Report Abuse

CF Trader, follows news lah...

Posted by wilson333 > 2017-08-05 10:55 | Report Abuse

hahahahha

Posted by omgimnoob > 2017-08-10 20:04 | Report Abuse

Still expensive, there will be times a company share price will drop to 5% dividend yield. Until then only buy. Now waiting next dividend and quarter result announcement.

Posted by uniewehuat123 > 2017-08-25 00:30 | Report Abuse

May any Sifu enlighten on coming QR date?

Posted by cynachen > 2017-08-29 09:35 | Report Abuse

Revenue slight increased to RM39 mil vs previous quarter RM38 mil. Dividend payout slightly increased (RM7.7 mil vs RM7.6 mil previous corresponding qtr). Slow and steady, continue to park some fund here for safe haven and dividend income.

Posted by petty_cash > 2017-09-11 10:55 | Report Abuse

what happened to this stock?

Posted by Pewuf > 2017-09-11 11:56 | Report Abuse

https://klse.i3investor.com/entitlement/7231/28-Aug-2017/17934_3410763655.jsp

Posted by notebook > 2017-09-11 11:58 | Report Abuse

over value stock , us down, oil market not well
shui yu still chase high

Posted by Pewuf > 2017-09-11 13:36 | Report Abuse

how is this stock overvalued ? it has been under the radar for so long !

Posted by omgimnoob > 2017-09-12 12:49 | Report Abuse

still over valued. China and many other counties not going to use petrol anymore. GG.

Posted by Pewuf > 2017-09-12 16:32 | Report Abuse

hahaha..do you really think petrol is going to be out of use so early in this stage

Posted by omgimnoob > 2017-09-13 18:33 | Report Abuse

please enlighten me

Posted by Pewuf > 2017-09-15 14:40 | Report Abuse

many things happen in this world revolve around the use of petrol, and the lack of it

Posted by omgimnoob > 2017-09-27 23:03 | Report Abuse

why bent crude oil going up, oil company should be earning enough to do maintenance on their hoses... why still going down the share price

Posted by kenz88 > 2017-10-12 15:23 | Report Abuse

what relationship between rubber and oil??

Posted by CFTrader > 2017-10-15 15:56 | Report Abuse

The main cost of production of the hose produced by Wellcall is rubber. The higher the rubber cost, the larger the negative impact to Wellcall, but I believe they able to mitigate / pass down the cost to the customer (I have reason for that. Wellcall doesn't produce ordinary hose, but they produce custom hose that suit each customer's demand, and they collect 50% of the deposit from the customer EVEN before start to manufacture the order)

While oil, apparently Wellcall expanded into the O&G sector by providing industrial hose to them. The slowdown of O&G segment affects their O&G hose expansion plan.

Sincerely,
CFTrader

Posted by omgimnoob > 2017-11-22 23:23 | Report Abuse

Every oil related companies, time to maintain your hose!

Posted by CFTrader > 2017-11-28 17:24 | Report Abuse

Good result for this quarter. The management targeted 20% increase of revenue, and they can do it.
YoY basis :

Revenue : 43.615m vs 32.3m (+35%)
PAT : 12.751m vs 9.125m (+40%)
NP : 9.87m vs 7.838m (+26%)
EPS : 1.98 vs 1.573 (ex-bonus)
Div : 1.55 vs 1.5333 (ex-bonus）

The reason why their NP cannot grow in line with PAT because of they pay higher tax this quarter (23% instead of the 14% )

Posted by omgimnoob > 2017-12-04 13:02 | Report Abuse

Tq KC for your analysis. Nice to have more dividends!

Posted by omgimnoob > 2018-01-16 00:09 | Report Abuse

All the oil and gas Companies on earth, should be earning good money. Let's replace some old rubber hoses while we can. or Let's expand our operations!

Posted by Mazhar3192 > 2018-01-18 18:35 | Report Abuse

Tomorrow rebound!

Posted by rikki > 2018-01-30 10:34 | Report Abuse

TP RM2.10 by JPMorgan
http://www.theedgemarkets.com/article/wellcall-holdings-rated-new-overweight-jpmorgan

Posted by CFTrader > 2018-01-30 16:48 | Report Abuse

good share with high FCF and high dividend payout due to the high FCF.
Moat is there, as Wellcall was able to react and customize the hose required by the customer.
Factory 3 also is in the pipeline.

The only thing I will do is buy when dip for more dividend / higher dividend yield (as lower cost = high yield)

Sincerely
CFTrader

Posted by sleang > 2018-01-30 16:59 | Report Abuse

1st coverage by foreign broker, well done wellcall! :)

Posted by omgimnoob > 2018-01-30 17:00 | Report Abuse

Tq, volume coming today. Co left with USD loan now, settlement within 4 years. Future dividend hehehe... Factory 3 is ready not in the pipeline. Last time ready but global demand weaken, Mgt use it for maintenance and upgrade of machinery. Now with the oil industry started to be crazy, hahaha.... I dunno

Posted by CFTrader > 2018-01-30 17:10 | Report Abuse

We still need to see the increase in capex of the O&G industry first. With the short lifespan of the hose (3 month need to replace 1 time) , Factory 3 will shine with the 70% production boost.