Posted by Firebird > 2013-12-27 22:21 | Report Abuse

I think its a smart move. I did the same too. After the split, we will start at a lower price level, and hopefully the new factory will start producing and will generate more revenue and profits for the company so the dividends will be good, better if share price goes up.

Posted by danchong > 2013-12-28 11:08 | Report Abuse

I remember the management has indicated that the production line does not consume a lot of electricity.

After the split, 10 sens a year => 2.5sens per quarter is 0.5 sens more than what we are getting now. It will make me very very happy.

I went to check the site last week and pity that no work has started. They were only piling up the sand for more filling? We will not see any contribution from the new factory in FY14.

However, it is not bad being paid well (>5.5%) while waiting.

Posted by Firebird > 2013-12-28 12:23 | Report Abuse

If and only if electricity cost badly affects, it is not just Wellcall

Posted by danchong > 2013-12-28 12:26 | Report Abuse

I like Tomypak - solid business & earning. Very generous in dividend. 4 time a year like Wellcall

Any comments?

Posted by Firebird > 2013-12-28 14:49 | Report Abuse

Danchong, are you from Ipoh? There were some piling being done now?
Thanks for the info.

Posted by limayseng > 2013-12-28 16:54 | Report Abuse

Share splitting may spike the price ? It is only happened here ! why ? punters are out to put SELL first before anything else . After all , nothing change for the co except more scrips and a bit cheaper to owning shares at much much lower value and much much lower dividend . but here punters don't mind the dividend but got the chance to gamble is the main agenda. Once the dust settles , it will reflect the actual value in the end ! Many will find that they are holding a very much inflated scrips where they need another 10-20 years to recover ? who knows?

Posted by Advocate > 2013-12-29 08:04 | Report Abuse

Thanks everyone for your comments. Reinforces my opinion on Well Call....gem of a stock

Posted by danchong > 2013-12-30 11:29 | Report Abuse

Firebird, yes, I live in Ipoh. No piling work on site. The imported sand I guess is for filling the pond at the back portion of the land.

Posted by Firebird > 2013-12-30 11:36 | Report Abuse

Thanks Dan, a bit of delay here I guess. Nevertheless, they are doing well now and improving. It will be an added bonus when they get it up and running soon.

Posted by danchong > 2013-12-30 12:27 | Report Abuse

Yes Firebird, it is delayed. Their original plan is to complete inJuly 2014. I guess nothing will roll out of factory 3 in 2014.Maybe 2nd half of FY2015.

How are they going to cope with the higher production capacity (70%?)?

We can only sit and look pretty with the handsome dividends (5 to 6 more Q) before it is unveiled.

Posted by Number4 > 2013-12-30 12:31 | Report Abuse

factory building construction normally fast track, takes around 6~9 months completion period....

if it is targeted to complete by July 2014, it is still on schedule

Posted by danchong > 2013-12-30 12:35 | Report Abuse

Thanks Number4, I shall let you know when I see any commencement of construction works.

Posted by Number4 > 2013-12-30 12:37 | Report Abuse

u see them put up the hoarding on the site already?

normally year end, no builder wanna start work. The earliest, base on the market norm, should be after CNY already

Posted by Firebird > 2013-12-30 12:38 | Report Abuse

Dan, I am ex-Ipoh. Number4, agreed factory building construction is fast. With the new factory they can add more 70%. I have attended their last two AGM. These guys are serious business. very modest and hard working. Watch out when they announced something new willya? Be confident

Posted by danchong > 2013-12-30 12:49 | Report Abuse

No hoarding. Only piles of sand and boundary (red) pegs on the ground. Agree, I will also start construction works after CNY. However, they still can complete the necessary piling b4 CNY. I understand that they already working on the factory layout and purchase of machinery way back in March.

Firebird, I attended the last 2 AGMs as well. Didn't notice any fireworks, can't recognise you. Just joking....

I agree that they are modest, hard working and down to earth businessmen. I do have a lot of condident on them.

? are you expecting something new? How can they have more goodies ?

Posted by Firebird > 2013-12-30 13:02 | Report Abuse

For them its a definite go, already purchase the land for this purpose and why would they do it, if business is no good, future too. haha Dan, no fireworks, everything smooth sailing and happy. Sometimes it makes a lot of sense to attend AGMs. A new related business, a powerful shot. I would not sell my shares. In OnG, so many counters, I can only select few, same goes for rubber gloves, select 1 or 2 to keep. The only one listed rubber hoses company, big enough to do business in 6 categories of industries all over the world. Hmm..obviously much more to come

Posted by danchong > 2013-12-30 14:29 | Report Abuse

Firebird, can you tell me more on Superlon?

Posted by Firebird > 2013-12-30 14:42 | Report Abuse

Dan, you are testing me, haha. You are good. You know what I know. Its not time yet to discuss it, its an open forum here

Posted by Number4 > 2013-12-30 14:44 | Report Abuse

superlon, the insulation for AC air cooled units?

Posted by Firebird > 2013-12-30 14:59 | Report Abuse

Rite, Number8

Posted by danchong > 2013-12-30 15:01 | Report Abuse

Number 4, Yes

Firebird, so secret Meh? You see me too high. Ha ha

I jusy bought because their core business is good and they have exited the loss making steel pipes venture. Earnings will return to a more satisfactory level. Only thing I am not sure is their dividen pay-out policy

Posted by limayseng > 2013-12-30 15:03 | Report Abuse

TODAY THE SPIKE ENDED ABRUPTEDLY ?WHY?

Posted by Firebird > 2013-12-30 15:10 | Report Abuse

Dan, earnings will be good, we are on the right track, except that I am still buying if you are not.

Limayseng, sometimes there are investors who want to log in profits first as it had a good run, and buy back later when its about to run up again after the split date announcement.

Posted by limayseng > 2013-12-31 10:55 | Report Abuse

GOING DOWN TO SUPPORT 341?

Posted by hepitrade > 2014-01-01 00:47 | Report Abuse

Firebird, when is the split date? Tq

Posted by Firebird > 2014-01-01 00:57 | Report Abuse

hepitrade, still waiting for the EGM where shareholders approval is required, which would be quick and then the date will be fixed. Be ready for it as I think it will be soon. You bought more?

Posted by hepitrade > 2014-01-01 08:57 | Report Abuse

I jump out already... I wonder stil cn hit TP4.50....

Posted by Firebird > 2014-01-01 10:05 | Report Abuse

The split should be coming soon, be ready

Posted by ntygis > 2014-01-01 21:59 | Report Abuse

2moro bought more! wait for the good news!

Posted by bluebird > 2014-01-02 18:26 | Report Abuse

wah.. so many birdy around in i3 recently.....

Posted by KCLoh > 2014-01-02 18:28 | Report Abuse

No cluck cluck here! Pretending not to know again! Kah kah kah

Posted by KC Loh > 2014-01-02 18:32 | Report Abuse

guess what's my buying price? :)

Posted by bluebird > 2014-01-02 18:34 | Report Abuse

it is like a magnet!!! they are attracted to each another, lol

Posted by limayseng > 2014-01-03 13:57 | Report Abuse

AS PREDICTED , IT IS COMING DOWN FASTER THAN IMAGINED!

Posted by wanderabara > 2014-01-17 10:06 |

Post removed.Why?

Posted by Marvyn Choong > 2014-01-20 01:21 | Report Abuse

I will hold. (",) Like to read the sharing by all of the sifu here. Thanks,

Posted by penangboy88 > 2014-01-20 13:51 | Report Abuse

Those who sold this counter was speculator. Don't kill the hen if she can lay golden egg....

Posted by danchong > 2014-01-20 14:52 | Report Abuse

Alex Lu posted this

http://klse.i3investor.com/blogs/nexttrade/45115.jsp

I cannot agree with him. In fact, I think now is the last chance to get in before it take off to a much higher level.

Posted by penangboy88 > 2014-01-20 15:02 | Report Abuse

Technical Analysis not suitable to use for good fundamental counter. It only to show you fear vs greed with volume but not absolute!

Posted by Firebird2 > 2014-01-20 15:09 | Report Abuse

For those who invest for long term, this is the chance to get in.

Posted by danchong > 2014-01-20 15:18 | Report Abuse

I am gald I receive such prompt support from 2 sifu.

If you beleive the share still on its uptrend then now is a wonderful time to buy.

For this wonderful counter, we are paid well in dividend to wait for its expansion plan to bring us to a higher earning platform.

Good to talk to you again firebird. 1 or 2 NVM Lol

Posted by Firebird2 > 2014-01-20 15:25 | Report Abuse

Sifu, sharing is a good thing, firebird=2013, firebird2=2014 LOL

Conditions have never been more favourable for this counter to increase their profits, while they build up their capacity and market in different regions and products.

There isn't that many counters that pay good dividends and price appreciation, that is backed by solid financials

Posted by danchong > 2014-01-20 15:27 | Report Abuse

firebird2, we are on the same page

Posted by Firebird2 > 2014-01-20 15:33 | Report Abuse

Yes Dan, we are, you have lots of experience that you have shared. Am glad the price is holding, despite the past few days onslaught. So far, no big selling. Mondrian is quiet, and perhaps waiting with a mandate to acquire aggressively and not gradual, at the right time.

Posted by danchong > 2014-01-21 10:12 | Report Abuse

Modrian is a big factor. It was quite amazing how they manage to accumulate so many shares. If they put a higher valuation to the stock, the price will go up and stay high.

At this juncture, I am happy to collect 5 sens (2 sens after split) dividend a quarter until the 3rd factory is up & sunning. I am confident that they can do it at ease.

It is a pity that no more selling below 3.55.

Posted by Firebird2 > 2014-01-21 10:22 | Report Abuse

Mondrian have not bought any in December when the price reach its height at Rm4.00. They have not bought anything too this month, so my guess is that they are waiting for anyone who wants to sell cheap, as I have mentioned earlier before when I checked Bursa, they have been buying almost every month in 2013

Posted by Firebird2 > 2014-01-22 11:20 | Report Abuse

Theres a good write-up on Wellcal by a respectable gentleman, TanKW.
http://klse.i3investor.com/blogs/kianweiaritcles/45217.jsp

Posted by honeydream > 2014-01-22 11:57 | Report Abuse

Thks for sharing Firebird2. I bought at 3.95...a bit regret but looks like i should be optimistic on this counter

Posted by Firebird2 > 2014-01-22 12:03 | Report Abuse

honeydream, though you ve bought at a higher price, no need to regret, I believe as a fundamental counter, you will make much more. I have been through that too when I bought PWRoot at Rm0.70. I don't regret holding it and never let go.

Posted by honeydream > 2014-01-22 12:20 | Report Abuse

Yah....i should always think back why i chose to buy last timw. There must always be with a solid reason to place my hard earned money there. Thks anyway