Posted by martinbartesque > 2017-05-26 13:46 | Report Abuse

frankly speaking, if it breaks current supporting and drop to 1.98 next supporting, it seems too over.

Posted by AmigoNews > 2017-05-26 13:58 | Report Abuse

deer dead who know

Posted by power96 > 2017-05-26 14:00 | Report Abuse

Heading to 1.90

Posted by martinbartesque > 2017-05-26 14:42 | Report Abuse

9999, no need to cut lose. in TA, its medium & long term MA is still look good. Definitely it will rebound

Posted by value_invest > 2017-05-26 15:27 | Report Abuse

Always look at fundamental.. The basic of investment...

Posted by value_invest > 2017-05-26 15:31 | Report Abuse

in the counter like WCT... Chart and technical don't really helpful, maybe just can be used as as indicative tool... In counter with small capitalized and lack of liqudity.. Chart not always helpful...

Posted by value_invest > 2017-05-26 15:33 | Report Abuse

Charting the HISTORY, fundamental predicting future...

Posted by martinbartesque > 2017-05-26 15:41 | Report Abuse

I agreed. Chart moves only after price. Just can take it as a reference

Posted by martinbartesque > 2017-05-26 15:45 | Report Abuse

Frankly speaking, wct mother n WE are overpriced. I know about it. However, i am still keeping it because of expectation in getting new projects, restructuring plan n good QR.

Posted by value_invest > 2017-05-26 15:53 | Report Abuse

Investors all have Different strategy... Good or bad.. weighting your upside gain and downside risk.. When WCT was 1.50 to 1.80+ i can say is very good bed with more upside than down side... WCT at 2.10.. so so so ??

Posted by value_invest > 2017-05-26 15:54 | Report Abuse

As an valued investor, i would prefer to find another deep under valued stock with limited downside risk...

Posted by Dexter150185 > 2017-05-26 18:41 | Report Abuse

Next week up or down ?

Posted by Dexter150185 > 2017-05-27 02:17 | Report Abuse

So is it a good time to enter. Whats your gut feeling?

Posted by Dexter150185 > 2017-05-27 02:19 | Report Abuse

Is the coming quarterly results expected to be good or bad?

Posted by Dexter150185 > 2017-05-27 17:47 | Report Abuse

oh ok

Posted by Ray Mond > 2017-05-27 23:02 | Report Abuse

this coldinvestor, sometime delete the comment after post. weird

Posted by Ray Mond > 2017-05-28 10:34 | Report Abuse

just curious, why need delete oh?

Posted by vxpoison > 2017-05-28 13:19 | Report Abuse

hammer found on Friday... Shall wait for confirmation to enter if Monday rebound.If not, will head south further! Final support rm2.01....

Posted by Dexter150185 > 2017-05-28 13:48 | Report Abuse

So what's the prediction ? Tomorrow uptrend or downtrend ?

Posted by TrippleZ > 2017-05-28 13:58 | Report Abuse

Down all the way to 1.80

Posted by Dexter150185 > 2017-05-28 14:00 | Report Abuse

Sure anot ?

Posted by rojak > 2017-05-28 14:45 | Report Abuse

This is a concept stock. Not counting too much on fundamental.

Posted by Investlink > 2017-05-28 19:29 | Report Abuse

Got fundamental .. EPS 10 sen.. PE 20 times.. similar to gamuda & IJM ..

Posted by gcke > 2017-05-28 20:15 | Report Abuse

I am not too optimistic for this share for the following reasons:

1.Big institutional funds like EPF,Tabung Haji and Pencen Funds are disposing continuously for the past ten days.Do they know something of the coming QR news which we do not know? Or are they anticipating the QR( previous year was announced on 25 May) to be sub-par.
2.The appearance of the long black candle on the 24 May 2017 portend some risks on the price trend and momentum for this share price.Normally,it will signals that there will be more downward bias yet to come.
3.All the Technical Price Charts show this share counter is presently bearish.

Outcome: Expect the downtrend to continue for awhile or like what @TrippleZ commented testing the previous low level again at 1.80.

The price may reverse if there is some good corporate move news or the company report excellent QR.Just to share:-(((

Posted by Ray Mond > 2017-05-28 20:56 | Report Abuse

it seem this 3 big fund is transfering money to tabung haji and pencen through share disposing and buyback.

Posted by Investlink > 2017-05-29 09:35 | Report Abuse

When Market quiet down.. fundamental is v important .. WCT good fundamental .. EPS still 10 sen.. PE 20..

Posted by Dexter150185 > 2017-05-29 10:52 | Report Abuse

quarterly results out tomorrow?

Posted by Dexter150185 > 2017-05-29 11:09 | Report Abuse

Ok. Dont know what to expect. Quite scared.

Posted by Investlink > 2017-05-29 11:37 | Report Abuse

Coldinvestor .. y ppl tell me WCT fundamental not good? EPS 10 sen and PE 20 not good ? I see gamuda n IJM also this level ..

Posted by cth91 > 2017-05-29 11:53 | Report Abuse

wow...mr cold very confident ....

Posted by AAAAA > 2017-05-29 13:48 | Report Abuse

Should enter to buy now?

Posted by jh27 > 2017-05-29 17:23 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9679

Posted by power96 > 2017-05-29 17:27 | Report Abuse

Eps very low

Posted by cth91 > 2017-05-29 17:30 | Report Abuse

provision of financial assistance??? is this gonna be a negative news to them? Thanks in advance!

Posted by martinbartesque > 2017-05-29 17:31 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5443033

Posted by lollipop > 2017-05-29 18:17 | Report Abuse

warrant drop so much >.<

Posted by Investlink > 2017-05-29 18:57 | Report Abuse

Power96@ EPS 11sen very low? How is good?

Posted by ran777rpt > 2017-05-29 19:38 | Report Abuse

Bhd's net profit increased 3.7 times to RM33.08 million or 2.64 sen per share in its first quarter ended March 31, 2017 (1QFY17) from RM8.83 million or 0.72 sen per share a year ago, mainly due to strong contribution from the local construction division.

Quarterly revenue, however, fell 2.4% to RM473.39 million in 1QFY17, from RM484.96 million in 1QFY16.

In a statement today, WCT said improvement in net profit despite revenue being marginally lower, is reflective of the group’s ability to derive better margins from projects undertaken by its construction division.

For 1QFY17, WCT’s engineering and construction division was the primary contributor to the group’s performance, as the division recorded an operating profit of RM30.1 million, compared with RM3.7 million in 1QFY16.

The property development and investment division recorded a lower operating profit of RM19.3 million, from RM25.7 million in 1QFY16, on lower revenue recognition from the group’s property development business of RM74.8 million in the current quarter under review, mainly due to slowing sales of property units.

In a filing with Bursa Malaysia today, WCT said it will continue to embark on various de-gearing initiatives such as equity fund raising, as well as assets monetisation which are expected to strengthen its financial position and improve its gearing level.

“As we move forward, we aim to remain focused on our efforts to improve the overall margins from our construction business, by pursuing higher margin infrastructure related jobs and selective specialised building projects to add on to the group’s outstanding order book which stood at RM4.8 billion," WCT group managing director Datuk Lee Tuck Fook said in a statement today.

“For our property development division, we will further intensify our marketing efforts and fine tune product delivery to increase property sales. Meanwhile, our property investment and management division is expected to continue to provide a stable income stream to the group," he added.

Lee added that this year, the group will be adding new assets into its investment properties portfolio, as it targets to complete and open its Paradigm Mall Johor Bahru in Johor and New World Hotel in Petaling Jaya for business.

“All in all, we are cautiously optimistic, as WCT is currently on track to deliver satisfactory results for the financial year ending Dec 31, 2017,” said Lee.

WCT recently announced its plan to undertake a proposed placement of up to 125 million of new shares to improve its cashflow. The first tranche of the proposed placement was completed on April 11, 2017, with issuance of over 100 million shares, raising RM178 million in proceeds.

WCT shares closed up 1.42% or 3 sen at RM2.14 per share today, with 1.4 million shares done, giving it a market capitalisation of RM2.98 billion.

Posted by ran777rpt > 2017-05-29 20:32 | Report Abuse

Mr Coldinvestor, whatever you have interpreted so far has come true
Please do interpret the results published today.

Posted by martinbartesque > 2017-05-29 21:28 | Report Abuse

In pocketimes, there is wct news about QR. Genting is there also

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

https://www.youtube.com/watch?v=7lwefDkdetU

Posted by kudamuda > 2017-05-30 09:20 | Report Abuse

seems not moving... guess have to wait for mega project or other corporate exercise.

Posted by lsmpro888 > 2017-05-30 09:46 | Report Abuse

Looks strong though, with support from infrastructure project. have started the LRT 3 depot work ? ;-)

Posted by limch > 2017-05-30 09:50 | Report Abuse

Why high debts in WCT OK? If Tropicana sure cannot.

Posted by limch > 2017-05-30 09:53 | Report Abuse

Why EPS 2.64 sen not 4-5 sen? Annualised PE 20 cheap for high debts stock?

Posted by limch > 2017-05-30 09:55 | Report Abuse

No wonder Desmond Lim dare not avg down. Still not cheap.

Posted by Investlink > 2017-05-30 09:55 | Report Abuse

EPS 11 sen & PE 20.. not good? I see gamuda n IJM also this level ..

Posted by limch > 2017-05-30 09:59 | Report Abuse

Any dividend news?

Posted by Investlink > 2017-05-30 10:01 | Report Abuse

Gamuda PE 20 also.. if 20 not good? Wat is good?

Posted by Investlink > 2017-05-30 10:04 | Report Abuse

Suncon also PE 20