Posted by Ray Mond > 2017-06-07 08:52 | Report Abuse

i thought ERCL already have been awarded ? how come still have bidding?

meanwhile another link saying they partnering for special infrastructure.


http://www.thesundaily.my/news/2017/06/01/wct-aims-list-reit-year-end

Posted by Investlink > 2017-06-07 08:53 | Report Abuse

Coldinvest@ u mrntion WCT QATAR rm 1bil project kena ? Stop work or how? If really true.. WCt will kena loses.. can share more infor?

Posted by Investlink > 2017-06-07 08:54 | Report Abuse

Can anyone share infor in Wct Qatar rm1 bil work ? Badly affected? Pls share ??

Posted by hng33 > 2017-06-07 08:58 | Report Abuse

WCT have 2 project in Qatar

1. Lusail development project, contract value RM 605m (in progress)
2. Government Administrative office, contract value RM 324m (in progress)

Qatar project form about 18% of WCT total outstanding order book

Posted by Investlink > 2017-06-07 09:06 | Report Abuse

Ok... tq.. shit almost rm1 bil project.. .. lot project there badly affected..

Posted by hng33 > 2017-06-07 09:19 | Report Abuse

Its is good now for WCT to take this risk lesson on oversea business, completing these remaining project without additional bid. Focus 100% back on local to win big contract as local now flush with numerous infra work awaiting for wct.

Posted by hng33 > 2017-06-07 09:36 | Report Abuse

Despite Qatar facing diplomatic problem, but, the risk is still limited to neighborhood country. Bear in mind, US major military force in Gulf region locate base in Qatar.

US will help Qatar to find diplomatic solution

Posted by hng33 > 2017-06-07 09:38 | Report Abuse

Today is malton EGM to secure shareholder approval for RPT worth RM 2 billion. Lets wait for any good new about Malton Pavilion bukit jalil mall to be awarded to WCT.

Posted by Investlink > 2017-06-07 09:43 | Report Abuse

Middle East & Qatar again.. this is 2nd time Wct killed by oversea project .. nxt Q will have write off loses again... rm1bil killing Wct which used to b good company ..

Posted by Investlink > 2017-06-07 09:46 | Report Abuse

Tq all share infor here.. my remisier ask me to avoid Wct cos of Qatar rm1 bil work.. heard the work there mostly stop.. bcos Saudi stop all material supplies.. rm1 bil work will create huge loses.. good luck ..

Posted by hng33 > 2017-06-07 09:53 | Report Abuse

All contract secure are guarded with law. If contract terminated, arbitrary court will proceeding. In the previous case, Meydan terminate WCT race course contract, WCT get best return with arbitrary award RM 1.2 billion (still pending receivable).

Posted by hng33 > 2017-06-07 09:55 | Report Abuse

In stock market, its matter of taking calculated risk to enjoy potential reward. Willing buyer, willing seller. cheer

Posted by Investlink > 2017-06-07 10:05 | Report Abuse

Ya... so cheap now to buy.. but remisier to avoid .. saying Qatar rm1bil projects is serious risk.. most jobs there stop.. huge loses expected if the situation persist ..

Posted by Investlink > 2017-06-07 10:08 | Report Abuse

Coldinvestor @ can u share more on Qatar project ? No wonder u sold all Wct..wat is the news... pls share ..

Posted by hng33 > 2017-06-07 10:33 | Report Abuse

Hahaha, in fact must thank to Qatar affair, otherwise, cannot buyback again all Wct warrant on weakness and Wct itself at cheaper entry price.

Posted by martinbartesque > 2017-06-07 11:07 | Report Abuse

coldinvesor, pls share which stock is potential to have 50% in next 6months? Thx

Posted by martinbartesque > 2017-06-07 11:22 | Report Abuse

Cold, thanks :)

Posted by Ray Mond > 2017-06-07 12:19 | Report Abuse

Which share? I missed out ><

Posted by salemt > 2017-06-07 13:58 | Report Abuse

One question, any chance for WCT to obtain the project of BM?

Posted by YeeLou26 > 2017-06-07 14:39 | Report Abuse

危机。some see it as danger, some see it as opportunity. I am on the same page with Hng33.
Thanks Qatar for this wayang kulit. Hehehehehe

Posted by linges > 2017-06-07 15:14 | Report Abuse

Added little more WE @39c

Posted by linges > 2017-06-07 15:42 | Report Abuse

Moving up :)))

Posted by Cyril > 2017-06-07 15:43 | Report Abuse

something interest huh

Posted by RojakInvestor > 2017-06-07 16:24 | Report Abuse

i think we can see who knows more info and who is more expert at making money. others just wait at sidelines and keep wondering.

good luck

Posted by linges > 2017-06-07 16:37 | Report Abuse

Also bought some WD @ 42c

Posted by 2017win > 2017-06-07 16:48 | Report Abuse

sapu WCT-WE..

Posted by martinbartesque > 2017-06-07 18:41 | Report Abuse

http://klse.i3investor.com/m/blog/sin_chew_hot_stocks/124915.jsp

Posted by power96 > 2017-06-07 20:03 | Report Abuse

Aiyo tomorow may drop again

Posted by martinbartesque > 2017-06-07 20:23 | Report Abuse

Qatar issue has been 3days. If wct wants to drop, d drop should b over.

Posted by ran777rpt > 2017-06-07 20:44 | Report Abuse

Shipment cannot enter Qatar cause they need to hire UAE's assistance. How building materials can enter?

Posted by linges > 2017-06-07 21:09 | Report Abuse

@ran777rpt...very valid question ! Happy to answer you.

Alternative route : Material reached in UAE could be ship to Oman, and then ship to Qatar..there might a delay in material shipment/project but not stopping project.

Posted by gylai90 > 2017-06-07 21:23 | Report Abuse

EPF continue to absorb LTH's shares and more.

Posted by gylai90 > 2017-06-08 00:47 | Report Abuse

‘Business as usual’ in Qatar
KUALA LUMPUR (June 7): Malaysian companies which have business links with Qatar such as Serba Dinamik Holdings Bhd, Muhibbah Engineering (M) Bhd, WCT Holdings Bhd and Eversendai Corp Bhd saw a decline in their share prices yesterday.

This follows the announcement on Monday by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain — followed by Yemen, Libya and the Maldives — that they are severing ties with Qatar, accusing it of supporting terrorism.

WCT shares were down six sen or 2.8% yesterday to RM2.10. Compared with its 12-month high of RM2.31 on May 16, the group’s market capitalisation has come down by RM295 million.

In March 2015, WCT’s joint venture with Qatar-based Al-Ali Projects Co clinched a 1.22 billion riyals (RM1.21 billion) real estate construction project from Lusail Real Estate Development Co.

“For WCT, the Lusail development project in Doha represents the only Qatar-based contract. The outstanding RM545 million value accounts for 11% of the group’s RM4.8 billion outstanding order book, and is targeted to be completed by [year end],” said CIMB Research.

“Also, about 68% of WCT’s trade receivables of RM790 million for the first quarter ended March 31, 2017 are related to contracts in the Gulf region. About 5% or RM40 million of total receivables are related to the Lusail project which has been receiving timely payments from the client,” it added.

WCT deputy managing director Goh Chin Liong said the group is closely monitoring the developments in Qatar. “In light of the current developments in the Middle East and WCT’s business presence in Qatar, we are currently keeping a close watch on the political situation and we will take appropriate actions to safeguard and minimise any operational risks,” he said in a statement.

Posted by hng33 > 2017-06-08 08:45 | Report Abuse

Qatar is third largest natural gas exporter in the world. Together with Russian and Iran control 57% world natural gas export volume. in additional, Qatar natural gas reserve underneath its offshore gas well is the largest gas reserve bank, command total 1/3 of world natural gas

http://www.chinapress.com.my/20170607/%e8%b3%ba%e5%a4%a7%e9%8c%a2-%e5%92%8c%e7%99%be%e5%a7%93%e4%b8%80%e8%b5%b7%e8%8a%b1-%e5%8d%a1%e5%a1%94%e7%88%be%e7%8e%8b%e5%a6%83-%e5%85%a8%e7%90%83%e6%9c%80%e6%9c%83%e8%b3%ba%e9%8c%a2%e7%9a%84/

Posted by hng33 > 2017-06-08 10:07 | Report Abuse

Any award wining contract now, be ECRL, LRT3, MRT2, TRX, BM etc will spur share price leap frog and warrant will gain even in higher % margin. Stay tune, it will happen in time 1-3 month, before general election call by end of year.

Posted by chin79 > 2017-06-08 14:16 | Report Abuse

Anyone has news about Malton EGM yesterday? Any good news for WCT?

Posted by SS1967 > 2017-06-08 16:04 | Report Abuse

someone dumping warrants kuat..

Posted by martinbartesque > 2017-06-08 16:17 | Report Abuse

https://www.google.com/url?sa=t&source=web&rct=j&url=/amp/s/amp.theguardian.com/world/2017/jun/07/russian-hackers-qatar-crisis-fbi-inquiry-saudi-arabia-uae&ved=0ahUKEwiF7YS45q3UAhUDT48KHc1hARAQFggtMAQ&usg=AFQjCNFHlwwJVrwfYp7eu8rOkcFpdalfgA

Posted by martinbartesque > 2017-06-08 16:32 | Report Abuse

Hope i have patience to wait

Posted by linges > 2017-06-08 16:39 | Report Abuse

added more WE @ 38.5c

Posted by martinbartesque > 2017-06-08 19:02 | Report Abuse

TA chart seems not so good for WE. hope it can b at least above 0.395 tomorrow n later

Posted by martinbartesque > 2017-06-09 12:23 | Report Abuse

someone just sold 400lot of WE at 0.38

Posted by Investlink > 2017-06-09 14:56 | Report Abuse

Yalo.. seem v cheap n tempted to buy at 0.375.. but my remisier say wait n see.. think can go lower.. ?

Posted by lollipop > 2017-06-09 14:58 | Report Abuse

price hard to up if the QATAR issue no solve

Posted by 2017win > 2017-06-09 15:20 | Report Abuse

More contracts coming to WCT. + Possibility merger between Malton+WCT, Today just enter 100 lots.

Posted by linges > 2017-06-09 15:35 | Report Abuse

Middle east rift might take some time to resolve..as nego still going on...
As of now, construction project not affected.
Some investor may want to be at sideline.

Posted by SS1967 > 2017-06-09 16:48 | Report Abuse

wct wd, someone purposely press down the price...

Posted by SS1967 > 2017-06-09 16:49 | Report Abuse

wct we, same...

Posted by Investlink > 2017-06-09 16:57 | Report Abuse

Coldinvestor@ u r right.. seem v cheap.. but better avoid now.. have been dropping non stop from 0.50+ sen.. when market is cool down.. those warrants will keep dropping.. scary..

Posted by martinbartesque > 2017-06-09 18:40 | Report Abuse

Next week will b a key to determine its direction as supporting line for wct is 2.10, for WE is 0.37