WCT HOLDINGS BERHAD

KLSE (MYR): WCT (9679)

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Last Price

0.92

Today's Change

0.00 (0.00%)

Day's Change

0.92 - 0.92

Trading Volume

50,100


27 people like this.

16,639 comment(s). Last comment by HugoUPUPUP 3 hours ago

Investlink

189 posts

Posted by Investlink > 2017-05-30 10:07 | Report Abuse

Gadang n muhibah.. If take PE 10 .. WCT worth rm1.20 only ???

Investlink

189 posts

Posted by Investlink > 2017-05-30 10:11 | Report Abuse

Just sharing here... anyone comments for QR? It WCT exp?

jh27

160 posts

Posted by jh27 > 2017-05-30 14:41 | Report Abuse

wah Coldinvestor also run, followers mesti gg

Investlink

189 posts

Posted by Investlink > 2017-05-30 15:10 | Report Abuse

Coldinvestor @ Sifu also run .. think to run also ..

hng33

20,491 posts

Posted by hng33 > 2017-05-30 15:24 | Report Abuse

bought wct-wd at 43sen

hng33

20,491 posts

Posted by hng33 > 2017-05-30 15:41 | Report Abuse

wct-wd offer cheaper to WCT exposure to its upcoming contract from malton, pavilion bukit jalil mall (the current gallery already demolish, once secure shareholder approval for RPT, malton will award these contract to wct, together Desmond Lim private company to award bukit damasara pavilion mall, all will award to WCT as wct have expertise in develop mall (JB mall, paradigm mall, gateway, aeon klang)

Remark: the above information is 'hint' gather from malton management

hng33

20,491 posts

Posted by hng33 > 2017-05-30 15:45 | Report Abuse

bought more wct-wd at 42.5-43sen

Posted by Cornerstone > 2017-05-30 16:23 | Report Abuse

sure boh??? don't cheat me ohhh...

hng33

20,491 posts

Posted by hng33 > 2017-05-30 16:29 | Report Abuse

accumulated last batch wct-wd at 42sen

Posted by martinbartesque > 2017-05-30 16:35 | Report Abuse

i have no interest in WD. My interest is in WE only. From morning I Q WE at 0.385, I just got it. Supporting for WE is between 0.38 0 0.385. Should be ok to collect. If it breaks the supporting, then I have nothing to say :)

Posted by martinbartesque > 2017-05-30 16:39 | Report Abuse

I bought a lot of WE. Don't say I scare you. If all prices for wct, WD & WE is below medium Bollinger. If tomorrow it drops again & both upper & bottom Bollinger open, then all of us can go to holland

value_invest

1,152 posts

Posted by value_invest > 2017-05-30 16:39 | Report Abuse

TA Research TP 1.49

value_invest

1,152 posts

Posted by value_invest > 2017-05-30 16:40 | Report Abuse

Chart only charting history.. If break down again.. too late for u.. Price already down so so much..

Posted by martinbartesque > 2017-05-30 16:42 | Report Abuse

9999, thank for your concern. WD is too risky. Of course high risk high return. It will be expired in Dec. For those who are not going to do conversion, probably they will dump it around July/Aug. In that time, WD will be dropped a lot. I still prefer WE :)

Posted by martinbartesque > 2017-05-30 16:44 | Report Abuse

coldinvestor, 0177 has a strong resistance at 0.157 & RSI is 80. I don't go in. Thanks for info.

Posted by martinbartesque > 2017-05-30 16:45 | Report Abuse

WE 0.385 is the last batch I am in today. No bullet liao.

The_Rock

65 posts

Posted by The_Rock > 2017-05-30 17:36 | Report Abuse

I wonder why Malton and Desmond Lim's private company want to award those contracts to WCT if what hng33 said is true from the "hint". After all Malton also has the experience in developed Pavillion KL and Desmond Lim holds more shares in Malton than in WCT. Unless Malton is too busy to do the jobs and thus Desmond Lim has no choice but to benefit WCT, or Desmond Lim has a bigger plan for Malton. WCT's workmanship is really bad as a developer & contractor. Imagine a branded mall like Pavillion always has issue of tiles pops up after certain time like what is always happened in Aeon Bukit Tinggi, it will certainly affect Pavillion Mall's branded image. Anyway, I am just BS-ing as I have never been to both Pavillion KL and Paradigm Mall Kelana Jaya, so I have no idea how are the quality in these 2 malls.

hng33

20,491 posts

Posted by hng33 > 2017-05-30 19:01 | Report Abuse

For more information about the potential award of contract, kindly refer to Malton notice of EGM in regard to related party transaction worth RM 2 billion to be award by Malton to others related party, to be held on 7 June

Complement information is also refer to Wct own related party transaction agenda in upcoming agm on 1 June, stated as much as RM 3 billion worth of contract to be received by Wct under related party transaction.

hng33

20,491 posts

Posted by hng33 > 2017-05-30 19:55 | Report Abuse

Shareholder of Malton are welcome to seek more information in coming EGM in regard to upcoming pavilion bukit Jalil mall contract and Malton to acquire land from Wct, likely the prime land in OUG, KL.

Shareholder of wct on the other hand are welcome to seek more information in Wct AGM in regard to Malton bukit Jalil pavilion mall too, and Desmond Lim bukit damasara mall and bukit damasara redevelopment contract and Wct dispose its prime land in OUG to Malton that could worth RM 1 billion. WCT OUG land is locate just opposite to current Malton bukit Jalil project.

Remark: information gather is for Malton to become property holding to hold land for development, Wct to become developer, pavillion REiTs to become mall holder in future direction.

Remark: internally, above is just wct related party transaction contract. Externally, Wct is bidding for additional TRX work ( last year Wct alrdy bag first infra work in TRX for contract value RM 870m) , additional contract from Kawasan land, LRT3 and likely upcoming Bandar Malaysia infra work.

The_Rock

65 posts

Posted by The_Rock > 2017-05-30 19:55 | Report Abuse

hng33, WCT to become property developer or contractor? When Desmond Lim bought into WCT, I thought the most likely scenario will be Malton to become a sole property company as in SunCity or Sunway; WCT will be as construction company like SunCon, and Pavillion Reit will be like Sunway Reit.Currently Malton is in both property and construction; WCT is in property, construction & holding several malls.

Posted by martinbartesque > 2017-05-30 19:56 | Report Abuse

Hng33 n 9999, those studied d details of circulars of malton n wct will not sell wct. For those investors who dont know about this, u can study circular of malton dated 23 May, n wct dated 27 May. Then, do some own analysis n imagination on it. One side wants to give rm2bil projects n another side wants to receive rm3bil projects.

Posted by martinbartesque > 2017-05-30 20:04 | Report Abuse

Typo error in above. Circular of wct dated 27 april

Posted by martinbartesque > 2017-05-31 10:06 | Report Abuse

As above link, according to HL research, WCT will still list its own REIT as its de-gearing effort.

Posted by Cornerstone > 2017-05-31 14:25 | Report Abuse

then die lo..

Posted by Cornerstone > 2017-05-31 14:28 | Report Abuse

really ah?? u all very good, always got info early..

Posted by Desmond Nah > 2017-05-31 15:01 | Report Abuse

-we vol up...

lollipop

57 posts

Posted by lollipop > 2017-05-31 15:58 | Report Abuse

finally up after 8 days down

cutie

1,690 posts

Posted by cutie > 2017-05-31 16:57 | Report Abuse

tomorrow is WCT day...goreng

cutie

1,690 posts

Posted by cutie > 2017-05-31 16:59 | Report Abuse

wct we...one shot sapu

cutie

1,690 posts

Posted by cutie > 2017-05-31 18:32 | Report Abuse

Something bigger is better?

cutie

1,690 posts

Posted by cutie > 2017-05-31 18:32 | Report Abuse

Bm?

cutie

1,690 posts

Posted by cutie > 2017-05-31 21:53 | Report Abuse

monitoring the price movement lately indicates something is going on. Unknown9999 may be right.

Posted by Dexter150185 > 2017-05-31 22:23 | Report Abuse

Any news ?

Posted by Dexter150185 > 2017-05-31 22:37 | Report Abuse

What price did toy buy wct warrant ? Still can enter ?

Posted by Dexter150185 > 2017-05-31 22:49 | Report Abuse

Sounds risky. Observe first,

The_Rock

65 posts

Posted by The_Rock > 2017-05-31 23:23 | Report Abuse

@unknown9999, so envy you that you have so many sources to make money. Share share here please and don't keep on deleting your comments please.....

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-06-01 11:43 | Report Abuse

Agm over?

AmigoNews

86 posts

Posted by AmigoNews > 2017-06-01 13:57 | Report Abuse

All of them go attend AGM 2017 already,
that's why silent here.

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-06-01 14:25 | Report Abuse

KLANG (June 1): Construction and property player WCT Holdings Bhd said it expects to realise plans to list a real estate investment trust (REIT) before year end, after the group has tidied its assets.

"The plan is to realise it within this year, we are in consultation with our investment bankers and the authorities.

"There will be things that we need to do to tidy up the assets before we can launch the REIT but the plan is to get everything done before the end of the year," said WCT group managing director Datuk Lee Tuck Fook at a press conference today.

He said the REIT will have over RM1 billion in assets, with the REIT to start off with WCT's own assets.

The listing of the group's properties under a REIT forms part of WCT's de-gearing exercise, as the group aims to lower its gearing from the 0.9 times level as at Dec 31, 2016.

Lee added that the recent share placement in April — the first tranche of its placement exercise of up to 125 million shares — and the conversion of its warrants, which will be expiring in December, will also help the group in de-gearing.

"We are also pushing the sales of our property inventory, along with our plan for the REIT. All these exercises will bring our gearing level down," he said.

He added that the group aims to lower its gearing to below 0.6 times with the completion of its de-gearing exercises.

Meanwhile, WCT said property sales have been encouraging since January, helped by the group's strategy to re-price and re-brand some of its properties.

"Because of the measures that we have taken, the sales that we have achieved since January have been encouraging at almost RM200 million. We hope the pace of sales will pick up and we'll able to achieve our RM500 million sales target," said Lee.

At 12.30pm, WCT fell 6 sen or 2.7% to RM2.16, giving it a market capitalisation of RM3.02 billion.

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-06-01 16:13 | Report Abuse

What's the comment?

Posted by martinbartesque > 2017-06-01 17:45 | Report Abuse

WCT got many big awarded projects since 2 years ago but its share price didn't move up. One of main reason is it has high debt standing at gearing of 0.9 times. If the listing of REIT can reduce its gearing from 0.9 to below 0.6 times, this definitely is a very positive move. I think it will start to move up after the EGM of Malton on 7th June.

4444

1,800 posts

Posted by 4444 > 2017-06-02 03:08 | Report Abuse

Wait year end(Reit listing) safer to enter. Now gearings still high.

Posted by martinbartesque > 2017-06-02 09:05 | Report Abuse

Go to buy Sin Chew Daily newspaper today. It mentions WCT is partnering with two China companies for "Special Construction Project"

Posted by martinbartesque > 2017-06-02 09:09 | Report Abuse

The special construction Project is mentioned by director of WCT. Buy Sin Chew.

Posted by martinbartesque > 2017-06-02 09:44 | Report Abuse

Really really last. Bought last batch this morning :)

cth91

73 posts

Posted by cth91 > 2017-06-02 09:45 | Report Abuse

mr cold morning! 2B not related to BM?

cth91

73 posts

Posted by cth91 > 2017-06-02 09:53 | Report Abuse

martinbartesque, haha , u been buying these few days...=)

Posted by martinbartesque > 2017-06-02 10:11 | Report Abuse

cth91, yes, I am always keep buying. I always remind myself, this is the last batch I bought & I shall stop :)

Posted by martinbartesque > 2017-06-02 10:17 | Report Abuse

9999, you are right. Normally I bought share for long term holding. I am holding 3 counters. wct-we is one of it.

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