Posted by limch > 2017-10-15 03:59 | Report Abuse

I thought WD will expire in Dec'17 can provide fundings unless warrants holders want it become toilet papers? Who still hold WD?

hh488 WCT got high borrowings.
Worried that they will come to ask for more money when successfully bidded LRT projects.
Just take a look at L&G & M Resources & you know.
13/10/2017 15:25

Posted by 8899 > 2017-10-15 09:38 | Report Abuse

Actually, the reason dropping is due to foreign funds throwing the shares, and also the internal people intentionally pressing down the mother share price in order to create a fear to market for them to throw their WD shares. I personally holding around 2millions WD shares at average price of around 0.23. But im not worried, as I can convert it all to mother shares later.

Posted by Ray Mond > 2017-10-15 11:26 | Report Abuse

better careful as WD going expired on december which no more catalyst to push the stock up during coming week/months

Posted by contrarian > 2017-10-15 11:33 | Report Abuse

If WCT remain below RM 1.71(WD exercise price) who want to convert WD? Buy mother safer than WD?

Posted by tonywong8 > 2017-10-16 12:35 | Report Abuse

Better sell WD at Rm 0.06 and buy back mother at Rm 1.66, your immediate gain is 6.6% if you subscript for WD exercise price.

Posted by Ray Mond > 2017-10-16 17:44 | Report Abuse

8899
33 posts
Posted by 8899 > Oct 13, 2017 08:00 PM | Report Abuse

We would see another 3 weeks time, the mega projects to be secured : )


not sure where u get the news, however i doubt that the mega projects will come true.

Posted by WSP88 > 2017-10-16 17:57 | Report Abuse

No bad news but the price is keep going down, worry that WCT later will request for right issue to pare down the borrowing and raise fund for LRT3 project.... than after that share price will same like MRCB drop till you crazy...

Posted by WSP88 > 2017-10-16 18:03 | Report Abuse

This few week substantial shareholder keep selling to reduce the share holding volume ...maybe Insider already know rise fund is possible occur End of the year...

Posted by Ray Mond > 2017-10-16 19:16 | Report Abuse

mean fyi no more mega project. just restructuring within the company itself.

Posted by Ray Mond > 2017-10-16 20:05 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/10/16/wct-plans-new-placement-exercise-to-raise-up-to-rm242mil/
expected corporate exercise.haha

Posted by power96 > 2017-10-16 22:02 | Report Abuse

Tomorow WD will be left with a blank paper

Posted by Ray Mond > 2017-10-16 22:07 | Report Abuse

8899 reliable source also cant tell you that WCT going for corporate exercise..haha

Posted by limch > 2017-10-16 22:09 | Report Abuse

Where got RI? PP news you never read?

WSP88 No bad news but the price is keep going down, worry that WCT later will request for right issue to pare down the borrowing and raise fund for LRT3 project.... than after that share price will same like MRCB drop till you crazy...
16/10/2017 17:57

Posted by Ray Mond > 2017-10-16 22:20 | Report Abuse

limch, what is PP news and RI meaning?

Posted by limch > 2017-10-16 22:29 | Report Abuse

No RI news for WCT. PP means got some investors will subscribe 10% new shares at abt RM 1.73.
http://www.thestar.com.my/business/business-news/2017/10/16/wct-plans-new-placement-exercise-to-raise-up-to-rm242mil/

Posted by Ray Mond > 2017-10-16 22:32 | Report Abuse

limch, noted thanks for educate me . hehe

Posted by WSP88 > 2017-10-16 23:14 | Report Abuse

Ok. Thanks for information sharing.

Posted by WSP88 > 2017-10-16 23:18 | Report Abuse

WCT Private placement will affect the market share price big drop or not? Same like Maxis... any sifu can share opinion?

Posted by WSP88 > 2017-10-16 23:23 | Report Abuse

Now the price 1.67 already safe to buy or not? Plan to average down my share price.

Posted by 2017win > 2017-10-17 09:27 | Report Abuse

pros and cons. After high net worth investor and institutional investor place their share in WCT, i believe that share price will be push up to benefit them.

Posted by ahpooki > 2017-10-17 09:33 | Report Abuse

lol more private placement means more shares and earnings dilution...very bad for shareholders. expect to be downgraded by banks and analysts soon

Posted by charliemunger > 2017-10-17 10:57 | Report Abuse

i very not like the private share placement...they can set whatever price they like way lower than the market price and what ..they can dump in open market and take us as atm machine....I very luckily don't buy this rubbish. good luck to all the warrant holder.

Posted by rlch > 2017-10-17 11:07 | Report Abuse

Why not give warrant to raise funds? 5-10 sen warrant for each share not a bad idea.

Posted by rlch > 2017-10-17 11:29 | Report Abuse

PP(1.73) at higher than market price still want to complain? Bursa more like casinos nowadays.

Posted by hng33 > 2017-10-17 11:37 | Report Abuse

bought back WCT at 1.62

Posted by gcke > 2017-10-17 11:49 | Report Abuse

Technical Analysis:

1. Bursa Index- from the charts the Bursa Index is still caught on bearish mode even though other global's equity markets have been up for the last one week.

2.If today price breached 1.63 reached on 6 August 2015 then it will trend lower and finds price support at 1.58 reached on 22 Feb 2016.
Presently, the Technical Price Charts-MA,MACD,RSI,stochastic show the stock in the bearish mode.
Just to share basing on technical analysis.

Posted by Investlink > 2017-10-17 12:36 | Report Abuse

Technically is just for reference, most important is WCT's fundamental... Most of the time, technical reflects HiStORY... Technically say... IF break xxx, nxt is xxxx, IF up xxx , nxt is Xxx.. look fundamental ..

Posted by 2017win > 2017-10-17 13:32 | Report Abuse

We cant rule out the importance of technical analysis bcs it will be a good support on top of fundamental theory. For WCT, uptrend still waiting for clearing signal from corporate announcement.

Posted by bone > 2017-10-17 15:15 | Report Abuse

Looks like many is burnt with the price dropping like that

Posted by hng33 > 2017-10-17 15:19 | Report Abuse

Bought another batch WCT at 1.59

Posted by rlch > 2017-10-17 15:31 | Report Abuse

DL margin call today?

Posted by power96 > 2017-10-17 15:31 | Report Abuse

WD theorythically -value on 2mths. Not sure 8899 will call director again

Posted by rlch > 2017-10-17 15:31 | Report Abuse

Old boss(Taing) why not buy back?

Posted by hng33 > 2017-10-17 15:34 | Report Abuse

Capitalize on proposed private placement, today is opportunity to accumulate back WCT on weakness

Posted by st999fc > 2017-10-17 15:35 | Report Abuse

What happened to this counter?!!

Posted by rlch > 2017-10-17 15:40 | Report Abuse

2nd PP in 2017 so selldown.

st999fc What happened to this counter?!!
17/10/2017 15:35

Posted by hng33 > 2017-10-17 15:41 | Report Abuse

Desmond Lim essentially wan to get rid of old boss as Desmond DID NOT hold any WCT warrant. But, the old boss still hold very substantial WCT warrant.

Private placement to Desmond Friendly party (proxy) to effectively reduce his average cost holding in WCT

Posted by rlch > 2017-10-17 15:41 | Report Abuse

Taing Kim Hwa you sold at 2.5 now 1.6 you save 90 sen buying now.

Posted by rlch > 2017-10-17 15:42 | Report Abuse

8899 pls call old boss.

power96 WD theorythically -value on 2mths. Not sure 8899 will call director again
17/10/2017 15:31

Posted by power96 > 2017-10-17 15:46 | Report Abuse

Old boss alrd safe. He sold 2.50.

Posted by hng33 > 2017-10-17 15:46 | Report Abuse

Previous Private placement at 1.76, therefore, current share price at 1.60 is good bargain

Posted by hng33 > 2017-10-17 15:47 | Report Abuse

Portfolio holding average cost now around RM 1.61

Posted by imokurok > 2017-10-17 15:53 | Report Abuse

Investlink - for retail traders without previlage informtation I still think TA is helpful if one knows how to use it.

Posted by hng33 > 2017-10-17 15:55 | Report Abuse

Current selloff is trigger by news on second round private placement which is more related to FA

Posted by imokurok > 2017-10-17 15:59 | Report Abuse

TA shows price breakdown on 13 Oct already?

Posted by Sammy300 > 2017-10-17 16:17 | Report Abuse

actually it doesnt make sense for ex boss to come back. the old bosses sold for so so much money to desmond lim.

why wanna come back? no point. he could have sold all his WDs long time ago dy

Posted by Sammy300 > 2017-10-17 16:19 | Report Abuse

if the old bosses really wanna come back, they can buy up all WDs now n convert to mother shares later. so cheap

desmond only owns 20% of wct

when he bot from old bosses sure must have contract to say cannot come back.

thats why makes no sense for the old bosses to come back

Posted by Sammy300 > 2017-10-17 16:22 | Report Abuse

maybe is desmond press WDs down to buy so he can own more of wct from just 20%

newspaper did say he may want WCT to be his flagship

Posted by hng33 > 2017-10-17 16:33 | Report Abuse

Add last batch WCT at 1.60

Posted by hng33 > 2017-10-17 16:41 | Report Abuse

Private placement mean 'private', mean 'identified by exiting boss as friendly' or even act as his proxy to avoid trigger MGO and to average down his holding cost.