Posted by hng33 > 2016-11-14 11:52 | Report Abuse

with commencement degearing exercise start, unlocking value, WCT is due for re-rating. Expect WCT to challenge resistance level RM 2.00 soon

Posted by Muarmali > 2016-11-14 12:01 | Report Abuse

for building works, part of the construction cost can be optimized by adopting IBS. whereas for infra, you still a lot of workers. And, worker is a commodity in today market.

Posted by Muarmali > 2016-11-14 12:06 | Report Abuse

cacing crawling under the ground is good if that is an agriculture venture and it may earn you an "Organic" branding.

but for infra works, you need workers, supervisor, land surveyor, HSE team, quantity surveyor, QAQC staff, project engineer, scheduler and project manager or project director.

Posted by Muarmali > 2016-11-14 12:09 | Report Abuse

de-gearing is good in term of financial metrics. but for WCT you need to do more than that.

If Desmond appoint me as his consultant, i will share with him how to turn it around especially the construction.

Posted by hng33 > 2016-11-14 12:11 | Report Abuse

it should be opposite lor....building work need a lot of worker + a lot of building material cost + time (tile, glass, fixing equipment to building etc) vs. infra work, can use more on machinery to carry work.

therefore, infra work profit margin is much higher than building work

Posted by Muarmali > 2016-11-14 12:11 | Report Abuse

naked truth hurts one's eyes and ears

Posted by Muarmali > 2016-11-14 12:13 | Report Abuse

yes. some building works need more workers but for high rise you can opt for IBS.
infra work profit margin is generally higher than building works but it is not the case here

Posted by SKTRADER > 2016-11-14 12:35 | Report Abuse

WCT - good news again, EPF buying some asset from WCT. This will help to reduce some debt. This stock will confirm break RM 2.00 at anytime. Seem after new boss join, WCT spark a lot fireworks. So WCT-CX remain possible to touch RM 0.20, if mom break RM 2.00. Risk taker can continue to hold on position on WTC-CX.

Posted by paperplane2016 > 2016-11-14 12:48 | Report Abuse

Big wave coming

Posted by value_invest > 2016-11-14 12:59 | Report Abuse

Again, those ppl have no confident in the stock should take the opportunity to sell now. For me, from fundamental point of view, WCT offer deep value with the PROPOSED restructuring plan coming ahead. RM2.50 is easily within reach very soon and RVAN is RM3.00++... BIG PLAYERS and Private Funds are accumulating since months ago. Technically, the price ths trending up. Due to weak market sentiment, Risk taker can opt for CX or WD.. For risk averse and safer bet, WE is more and better in this environment... Make ur own judgement. I just follow the money flows of those BIG PLAYERS,,, ADDING more...

Posted by Lee Richard > 2016-11-14 13:20 | Report Abuse

Why the analysists are asking people to sell when the market is uptrend for WCT?

Posted by hng33 > 2016-11-14 13:51 | Report Abuse

Analysts only give their desire target price based on their own agenda. That is reason why for same company, different analyst from different investment bank give different target price.

Therefore, its better to exercise own discretion in investment.

Posted by SimpleInvestor > 2016-11-14 15:09 | Report Abuse

collected more wct we today

Posted by char1234 > 2016-11-14 15:14 | Report Abuse

looks like shooting up or trapping ppl

Posted by Lee Richard > 2016-11-14 15:18 | Report Abuse

Great.. Analyst report seemed reliable.. Look at Tropicana despite very high target price of 2.00 but Tropicana stay at 1.020 forever...

Posted by BN_menang > 2016-11-14 16:07 | Report Abuse

No wonder we should take IB report with pinch of salt. They are mostly fresh graduates with little real world understanding and their boss not that demanding abt accuracy of their TP.

Posted by BN_menang > 2016-11-14 16:16 | Report Abuse

Do IB realise when Desmond Lim bought at RM 2.5 he must do something so that he will not lose so much money? Certainly not is my answer for those IB who give TP RM 1.5.

Posted by value_invest > 2016-11-14 16:43 | Report Abuse

1)Analyst just write report buy or sell, who don't manage real funds, Thus no commitment. 2)Funds managers manage real money, they tend to be more cautions.. Look at the real flow of money, that is the ways to follow in market. Anslyst's report is just for references....Anayst like to talk,,,

Posted by value_invest > 2016-11-14 16:45 | Report Abuse

there are many analyst, fund managers and private funds, investors.... Follow the real $$$ flow is most important that anayst who just write report..

RNAV= Revised NET asset value...

Posted by BN_menang > 2016-11-14 20:56 | Report Abuse

MRT project accepted. More to be won in future?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5258525

Posted by paperplane2016 > 2016-11-14 21:07 | Report Abuse

Type Announcement
Subject OTHERS
Description Letter of Acceptance -
Construction and completion of viaduct guideway and other associated works from Bandar Malaysia South Portal to Kampung Muhibbah
(1) INTRODUCTION

We refer to the announcement made by WCT Holdings Berhad (“WCT” or “the Company”) on 10 November 2016, the Board of Directors of the Company is pleased to announce that its wholly-owned subsidiary, WCT Berhad, had on 14 November 2016 accepted an appointment by executing the Letter of Acceptance from Mass Rapid Transit Corporation Sdn. Bhd. (“the Owner”) to undertake and complete the Work Package V204 for the construction and completion of viaduct guideway and other associated works from Bandar Malaysia South Portal to Kampung Muhibbah [Contract No.: MRTCORP/KVMRT-SSP/V204/CW/48/13/2016] (“the Contract”).



(2) CONTRACT SUM

The Contract Sum is RM 896,409,121.98 (Ringgit Malaysia Eight Hundred Ninety Six Million Four Hundred Nine Thousand One Hundred Twenty One and Sen Ninety Eight Only).



(3) SCOPE OF WORKS

The scope of works for the Contract generally includes the following:

Soil Investigation
Traffic Management and Diversion
Safety, Health and Environmental Management
Site Clearance, Demolition and Earthworks
Ground Treatment
Protection & Relocation of Utilities
Viaducts and Underpass & Approach Tunnel
Drainage Works
Roadworks and Road Furniture
Street Lighting and Traffic Light System
Landscaping Works
E&M Works
External Works to Stations
Ancillary Works and Miscellaneous Structures


(4) CONTRACT DURATION

The Date for Possession of the project site shall be the date as stated in the Notice to Proceed (NTP) to be issued by the Project Delivery Partner in accordance with the Conditions of Contract after acceptance of the Letter of Acceptance. The works under the Contract are expected to be completed in approximately 64 months from the Date for Possession of the project site.



(5) FINANCIAL EFFECTS

The Contract is expected to contribute positively to the Group’s future earnings and net assets.



(6) DIRECTORS' AND/OR MAJOR SHAREHOLDERS’ INTERESTS

The Directors and major shareholders of the Company and persons connected with them do not have any interest, direct or indirect, in the award of the Contract.



(7) APPROVALS REQUIRED

The award of the Contract is not subject to the approval of shareholders of the Company or any governmental or statutory authorities.



(8) STATEMENT BY DIRECTORS

The Directors of the Company are of the opinion that the acceptance of the award of the Contract is in the best interest of the Company.



This announcement is dated 14 November 2016.

Posted by paperplane2016 > 2016-11-14 21:07 | Report Abuse

896Mil!!!! Huat

Posted by BN_menang > 2016-11-14 21:10 | Report Abuse

Why I think IB negative over WCT? Perhaps they own Gadang(WCT direct competitor) or Gamuda.

Posted by BN_menang > 2016-11-14 21:12 | Report Abuse

As long BN still in power they should decide what is best for GLCs'.

Posted by BN_menang > 2016-11-14 21:16 | Report Abuse

With Tan Sri Desmond Lim at helm WCT also future superpower in mall like his Pavilion.

Posted by BN_menang > 2016-11-14 21:19 | Report Abuse

There are still many railways projects in pipeline eg LRT3, HSR, ECRL. Govn doesn't lose awarding projects to WCT because GLCs' like EPF, KWAP, Tabung Haji and PNB own over 30% WCT.

Posted by rogers123 > 2016-11-14 21:26 | Report Abuse

Hng: How is ur Iwcity and Mkland?

Posted by char1234 > 2016-11-14 21:30 | Report Abuse

news out not time to sell
?

Posted by char1234 > 2016-11-14 21:34 | Report Abuse

projects in this case is not the factor to increase price... it's the PP that was 2. 50.... that shld drive up d share price. Today no volume.. weird

Posted by paperplane2016 > 2016-11-14 22:01 | Report Abuse

Desmond got insider news loh. Epf buy office building, award winning contracts etc. All in pipeline Liao. Rm2.50 cheap loh. Wct sure can reach 2.50 or above loh! WE??

Posted by char1234 > 2016-11-15 09:03 | Report Abuse

Desmond cld also be cheated.....Surrent owners willing to sell to him at such a high price. They must be very happy

Posted by hng33 > 2016-11-15 09:18 | Report Abuse

momentum coming, Ready to GOOOOOOOOOOOOOO

Posted by value_invest > 2016-11-15 09:24 | Report Abuse

No worry... Adding more...

Posted by hng33 > 2016-11-15 09:36 | Report Abuse

sold back wct-wd at 28sen, lock contra profit first, free up capital

Posted by SKTRADER > 2016-11-15 12:05 | Report Abuse

index good but wct dont want to fly ;(

Posted by Sharon Chok > 2016-11-15 12:38 | Report Abuse

I think people who play contra are selling!

Posted by lkwah86 > 2016-11-15 15:11 | Report Abuse

Source : TA, Price Call : SELL, Price Target : 1.54
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 1.70
Source : MAYBANK, Price Call : BUY, Price Target : 2.30
Source : KENANGA, Price Call : SELL, Price Target : 1.58
Source : HLG, Price Call : BUY, Price Target : 2.12

Posted by value_invest > 2016-11-15 15:15 | Report Abuse

The "big players" are still accumulating WCT... Unbelieveable... !!!! Just follow... Adding more...

Posted by value_invest > 2016-11-15 15:18 | Report Abuse

They have mopped up prices below RM1.90+... soon the price will stage up another high...

Posted by paperplane2016 > 2016-11-15 15:25 | Report Abuse

Few houses still sleeping.

Posted by value_invest > 2016-11-15 15:29 | Report Abuse

Analyst dont follow real money flow... They just write report and take salary...

Posted by value_invest > 2016-11-15 15:32 | Report Abuse

We experienced the role as analyst, fund managers, retailers, speculators, punters, corporate bankers and finally PASAR style players... Most of them ending losing $$$.. FROM experience, i learn that fundamental + following real money flow will always making money...

Posted by wongchin > 2016-11-15 16:04 | Report Abuse

Esos at 1.55 flooding the market tomorrow.

Posted by value_invest > 2016-11-15 16:10 | Report Abuse

Esos 311,000 shares ONLY...

Posted by value_invest > 2016-11-15 16:12 | Report Abuse

Now is good time to accumulate... By the time the corporate restructuring is announce,, Retailers and analyst will start to call BUY.. Then the BIG PLAYERS are making tonne of money... People will see the value by the time... RNAV RM3.00+++

Posted by char1234 > 2016-11-15 16:51 | Report Abuse

this counter will follow Penta method to reach the 2.50 .....weekly, rise a bit only.......

Posted by char1234 > 2016-11-15 16:51 | Report Abuse

So please hold n keep

Posted by char1234 > 2016-11-15 17:04 | Report Abuse

amazing

Posted by Tham Leong > 2016-11-15 20:55 | Report Abuse

Cx up 2c liao

Posted by Tham Leong > 2016-11-15 20:57 | Report Abuse

Still in the money cx