Sudden surged of volume but price not moving . ......some guys must be collecting heavily at 1.08 . Something must be brewing . .....It is good or vice versa . Can anyone with news or informations share pls . .....thnks !
moneyky sifu U must have profited much from Pmetal but unfortunately it supposed to reach RM5 b4 bonus issue . Anyway sometime luck and timing cannot match and correlate what we supposedly assumed . Good luck to U bro and wzsatu a silent gem with future growth and earnings but many seems unnoticed of its future development . Keep track and a stock to watch . Cheers bro !
Pmetal I opt for 2nd round when the price retreat. Next year should be the year of construction counter. Already bought in Pesona and Sendai. Wz earning is good but the price trend seems like against the earning trend. Same case for Digistar. They have no intention to push. For Digistar, l know why n when they will start. I still study on this counter.
Tmakmur offer higher price,,1.90, means bauxite mining going to start next January. Otherwise, the royal would not increase offer price. It is good for wzsatu mining activities.
Very hard to time the market nowadays as investor's are very cautious . Today the volume very supportive with increased in volume but 2morrow suddenly shrink . This several months I supposed many investor's loosing money on leverage .
ZhugeNemo . ...thanks for your sharing very much and hopefully the resuming of the bauxite mining is an added advantage to wzsatu if resolved . Cheers bro and wish U all the best in your future undertakings !
It looks like after the US presidential election , many stocks are building up momentum and the prices of many stocks are much cheaper and hv bottom out . A good time to buy some .
Brocoli . ......cheers ! A silent gem but unfortunately lack recommendations from research houses . Expecting impressive quarterly results in the near future with multiple projects awarded quite recently plus dividend of 3 % pending announcement ! Buying below 1.10 is quite safe since the price has been hovering over for some time and sustainable ! Dipping below 1.06 should accumulate if with excess resources at hand .
Please take note heavy sales transactions have been occuring in the last half hour . This have been happening for quite sometime and usually while closing some operators tend to whack up the price even though it is higher !
without bauxite this company still will make profit with the project in hand until 2018.my personal target is RM1.40 within 4 months and if bauxite run again I will hold until end of the yr..
WZ Satu's earnings and market capitalisation have grown "strongly and steadily" since financial year 2013 (FY2013), Uzir said, adding he wishes the company's market capitalisation to grow to around RM1 billion within the next two to three years.
"I don't want to tie myself up by setting a too ambitious target. Who knows, by the next two to three years, the company's capitalisation could grow beyond RM1 billion," quipped Uzir.
For FY2017, Uzir targets WZ Satu's income to grow by 25%, driven by its civil engineering and construction business.
In FY2016, WZ Satu's revenue grew by 33%, while profit after tax grew by 13%, Uzir noted.
At noon break today, WZ Satu's shares closed unchanged at RM1.04, with 38,200 shares traded, giving it a market capitalisation of RM362.8 million.
company transforming to join the big league in construction sector with obvious turnaround shown in the results. TP RM1.50 for mother and RM1.00 for warrant. Warrant so cheap trading at almost no premium!
Digesting and well absorbing strong sellers at 1.17 for past few days without price retreating much.Next week should fare better with strong buying support. Achieving 1.2+ is not much of a problem .
KUALA LUMPUR (Feb 10): WZ Satu Bhd is acquiring a PR1MA housing project’s construction company from funeral service provider Nirvana Asia Ltd’s founder-cum-executive chairman Tan Sri Kong Hon Kong and deputy chief executive officer Kong Yew Foong for RM30 million, to be satisfied via issuance of shares.
The project is being undertaken pursuant to a Master En-Bloc Purchase Agreement dated March 18 last year, entered into between PR1MA Corp Malaysia, Sinergi Dayang as the contractor and Barisan Arena Sdn Bhd as the proprietor.
It is a mixed development comprising 2,426 PR1MA homes and 69 retail units and its construction contract value amounts to RM503.2 million.
The group said the proposed acquisition represents an initiative to expand its order book by securing a PR1MA development project, which if completed, will increase its order book to about RM1.4 billion.
my point of view is win win situation for wzsatu and tan sri kong hon kong(nirvana side). wzsatu use 30m to get a company with 500m contract and Sinergi Dayang’ project at pahang while dato tengku uzir is royal member of pahang. So, in future, they might get more projects as benefit of this status. While nirvana side get 7.8% stake of wzsatu, seem he also confident in wzsatu. But downside is issue 8.7% of share. Overall, in my opinion is win win situation.
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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....
paperplane2016
21,659 posts
Posted by paperplane2016 > 2016-10-28 20:59 | Report Abuse
MIchael, ekovest can go rm3. Why sell