Posted by rlch > 2017-10-17 16:59 | Report Abuse

Why WD not sold down to 0.5 sen? Someone accumulating to convert later?

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

Old boss knows WCT better than Desmond Lim. Got money to make buying low why not? Actually old boss did right thing selling at RM 2.5.

Sammy300 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
17/10/2017 16:17

Posted by power96 > 2017-10-17 17:54 | Report Abuse

WD will go down to .05 soon.No one will be converting

Posted by signn > 2017-10-17 18:03 | Report Abuse

It's true money can be made. But looking at now , it's only from buying mother shares.

Buying wd now is not feasible for old bosses. Near expiry. They may buy mother tho

Most of us but WD to sell at higher price. But the owners may sapu WD now since it's cheap to convert to mother later. Again they need to fork out cash.

Hence I also dun think old bosses are interested in coming back to wct. Buy to make money perhaps.

So why is wct price languishing now?

Posted by signn > 2017-10-17 18:04 | Report Abuse

Wct old bosses old dy la. Why they wanna kacau Desmond la. No logic

Posted by Orson Chin > 2017-10-17 19:11 | Report Abuse

Cos polity la....

Posted by rlch > 2017-10-17 20:53 | Report Abuse

Why today selldown to 1.6? Perhaps someone don't like DL 2nd time PP in 2017 alone.

signn Wct old bosses old dy la. Why they wanna kacau Desmond la. No logic
17/10/2017 18:04

Posted by rlch > 2017-10-17 20:55 | Report Abuse

Order books in 2017 is WCT highest ever. Share price why can drop so much?

Posted by BornToSpeculate > 2017-10-17 21:31 | Report Abuse

Funny how the people here think. Got large orderbook ppl say sure have to borrow money and gear up or call for capital injection so negative.

I guess their prefer to invest into stocks with limited order book with no / little gearing. Sure that will do a lot for ROE

Also, judging from the comments most people here are clueless about gearing and financing structure. I dont think WCT gearing is high i.e. against a networth of 2.7b how much are their borrowings and dont forget large projects are normally against contract financing which is deemed well secured / low risk with cashflows from awarder structured to payoff each loan.

Go study other construction companies with weaker profiles and track record, and some of these are bumi companies. Ever ask yourself why these profiles with lousy financials they can still borrow ?

Do you even understand the concept of borrowing and why all big companies in general borrow for short / long term financing. If you dont, do yourself a favor and stop being lazy and learn something.

Anyway lets see who has the last laugh on WCT, be interesting to see.

Posted by bone > 2017-10-18 10:32 | Report Abuse

HLG say buy, Kenanga say Hold, MIDF say Sell.. hahaha

Posted by risenfall > 2017-10-18 12:11 | Report Abuse

like mrcb, wait for the share price to stabilize only enter...but consider raise fund only few hundred millions not billion it shall not drop very much.

Posted by hng33 > 2017-10-18 15:05 | Report Abuse

WCT should be able to raise about similar fund with conversion of warrant WD, but, Desmond chose to sideline WD by bashed down share price below exercise price through proposed second round private placement.

The fund raising instead of rely on WD conversion is now replace through private placement to friendly party or proxy of Desmond to average down his holding cost. Desmond hold nil in WD, but instead former boss hold big stake in WD and also WE.

Posted by Myway > 2017-10-18 15:46 | Report Abuse

EPF, KWAP and Tbj Haji continue to sell.. Isn't it a bad sign?
Don't rule out a right issue in the plan. Right issue will suit the controlling shareholders to increase stake at beaten down price.

Posted by newbie5354 > 2017-10-18 16:22 | Report Abuse

If nobody sell why can drop 8 sen?

Myway EPF, KWAP and Tbj Haji continue to sell.. Isn't it a bad sign?
Don't rule out a right issue in the plan. Right issue will suit the controlling shareholders to increase stake at beaten down price.

Posted by ivan9511 > 2017-10-18 17:09 | Report Abuse

panic panic panic

Posted by gcke > 2017-10-18 17:23 | Report Abuse

Normally in such Private Placement(PP) exercise it is unfavourable to the retail investors.It is more for the greater interest of the major shareholder of the company.In the interim the stock price will hover down until such PP exercise is completed.No immediate catalyst to cause the price to recover in the short term period:-(((

Posted by signn > 2017-10-18 17:34 | Report Abuse

Looking at the steep drop, could be pp causing ppl to worry n sell.
Wct needs money for projects so it's normal to have cash calls or borrow money.

If Desmond is going the pp route, then it's probably time to buy now since he will sure push back up later...So many projects at hand...Should rebound later once the fear of pp settles

Posted by apolloang > 2017-10-18 17:46 | Report Abuse

likely got bad news and insider keep selling,retailers kena blue black liao how to sell?

Posted by curious2 > 2017-10-18 17:50 | Report Abuse

EPF, Tabung Haji is insiders?

Posted by apolloang > Oct 18, 2017 05:46 PM | Report Abuse
likely got bad news and insider keep selling,retailers kena blue black liao how to sell?

Posted by apolloang > 2017-10-18 17:53 | Report Abuse

yeah lah u go ask them lo why they sell? sure got reason as to why they sell

Posted by signn > 2017-10-18 17:54 | Report Abuse

So many projects dy still got bad news ar...
No wonder not many ppl make money from stocks lol

Posted by curious2 > 2017-10-18 17:56 | Report Abuse

They fear RI but actually only PP?

Posted by apolloang > Oct 18, 2017 05:53 PM | Report Abuse
yeah lah u go ask them lo why they sell? sure got reason as to why they sell

Posted by apolloang > 2017-10-18 18:02 | Report Abuse

they also know wct profit likely to be worse than last quarter,so they dump 1st.

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

Interesting. I have looked at the funds shareholdings and they are holding 100mil ++ shares each.

Looks like they could be intentionally pressing down price. Lol

Posted by confuse > 2017-10-19 09:45 | Report Abuse

Hubline ex-boss can buy back when share drop why WCT Taing cannot? He no money?

Posted by Sammy300 > 2017-10-19 12:32 | Report Abuse

old bosses can, but when they sold to desmond surely there is a contractual obligation to NOT come back and also a business ethics/trust to not kacau kacau the new management. this i am very sure

this is my 2 cents. in business, trust is still very important..especially in big contract values

becoz if u dun have trust, like what is happening to empire city owner with its contractors ....lol the whole industry will know.

and malaysia's construction industry is very small

Posted by Sammy300 > 2017-10-19 15:02 | Report Abuse

its amazing how newbies think....good for you hehe

Posted by gcke > 2017-10-19 16:26 | Report Abuse

@Sammy300 the old boss can buy through nominees which no one will know.Surely,they will know the intrinsic value of the company if ever they were to buy back through their nominees.In corporate world trust is not cast in stone.It is a brutal world out there where money reigns.

Posted by signn > 2017-10-19 18:38 | Report Abuse

hmm if bad things coming..why up today ar?

Posted by curious2 > 2017-10-20 04:05 | Report Abuse

Why not merge(M&A) with Suncon? Share swap 1 Suncon for 1 WCT. Both Suncon and WCT are eyeing BRT so M&A make sense. Yesterday we heard Supermax want to merge with Top Glove.

Posted by BN_menang > 2017-10-20 09:29 | Report Abuse

DL pls announce merger with Suncon like Supermax case. Both are main winners of LRT3 and potentially BRT.

Posted by coldinvestor > 2017-10-20 14:27 | Report Abuse

WD持有者， 剩下来二十多个交易日， 你们唯有等奇迹出现。 祝各位好运！

Posted by kklim260 > 2017-10-20 16:04 | Report Abuse

is this company going to close shop? real lousy

Posted by mxlitfly > 2017-10-20 17:03 | Report Abuse

Ayoo.... DL .....what ar u doing.........

Posted by curious2 > 2017-10-20 18:13 | Report Abuse

DL bought at 2.5 margin call? Ask ex-boss come back better.

power96 Looks like someone in deep trouble
20/10/2017 17:24

Posted by curious2 > 2017-10-20 18:14 | Report Abuse

Apart DL PavReit the rest of his companies not so good under him, why WCT can be better?

Posted by curious2 > 2017-10-20 18:15 | Report Abuse

Suncon(Sunway) takeover WCT better?

Posted by signn > 2017-10-20 18:41 | Report Abuse

Waa..Really kena hentam la.

Ya this company will close soon. Hehe
Everything also no good under him lo. All good under u ka hehe
Suncon? Dun joke la. Like that also can?

Really wonder where these brainiacs come from
Lol

Posted by curious2 > 2017-10-20 22:37 | Report Abuse

signn I follow what was discussed in Supermax thread that Top Glove takeover them better. Similarly I think Suncon better takeover WCT. Both Suncon are WCT are big winners of recent LRT3. Suncon went up but WCT drop a lot. Is it WCT management incompetence to their shareholders?

signn Waa..Really kena hentam la.

Ya this company will close soon. Hehe
Everything also no good under him lo. All good under u ka hehe
Suncon? Dun joke la. Like that also can?

Really wonder where these brainiacs come from
Lol
20/10/2017 18:41

Posted by BN_menang > 2017-10-22 09:20 | Report Abuse

What can WCT gain from Budget 2018? BRT, MRT2, ECRL, Pan Borneo Highway?

Posted by BN_menang > 2017-10-22 09:21 | Report Abuse

All eyes on last Budget before polls
Read more at http://www.thestar.com.my/news/nation/2017/10/22/all-eyes-on-last-budget-before-polls-lawmakers-to-also-look-over-proposed-changes-to-gst/#cplbZOLh5ZkuPRzF.99

Posted by signn > 2017-10-22 15:28 | Report Abuse

It's good to discuss . But pls use the grey matter to think constructively n logically.
Why on earth would suncon want to acquire wct. Suncon is big n has many business. Subway group is large n well funded n well...Big

What has wct got to offer subway group that they do not already have? REIT? Sunway ada, construction? Sunway ada. Properties? Sunway ada, land bank? Sunway pun ada.

This is really borderline fantasy dreaming.

On the other hand, logically, dun care who want to taruh old boss or new boss, wct price going down maybe due to the pp issue. I suspect that. Fear n dilution of shares...That's why

Besides, share prices going down could mean lots of things. Perhaps it's better to price the pp now on the lower end n buy up wd since it's so cheap...Who knows what the owners are planning?

Funds still has hundreds of millions of shares in wct. They dun seem to be throwing millions of shares now..Do they?

So let's see . Those afraid kindly sell.
Fantasy dreamers...Keep dreaming n u won't go anywhere. Good luck

Posted by curious2 > 2017-10-22 17:49 | Report Abuse

If hold 2 million WD at 23 sen must prepare RM 3.42 million to convert or total loss 460K?

Posted by power96 > Oct 22, 2017 05:45 PM | Report Abuse
Wd holder mostly went at .23 , some even hold 2mil. Tomorow onwards their remindser will started to advise either preoare for total lost 460k or take bck 2k.

Posted by power96 > 2017-10-22 20:26 | Report Abuse

If convert paper lost 710k

Posted by yaoyaphai > 2017-10-23 08:39 |

Post removed.Why?

Posted by Desmond Nah > 2017-10-23 10:54 | Report Abuse

omg heading to 1.4x soon...

Posted by Kwanvj > 2017-10-23 15:27 | Report Abuse

Laosy counter... Keep dropping for one months

Posted by coldinvestor > 2017-10-23 16:32 | Report Abuse

孩子已经认不出爸爸了!

Posted by newbie5354 > 2017-10-23 16:44 | Report Abuse

sifus why Chinese postings? They short WCT?

Posted by hng33 > 2017-10-23 16:52 | Report Abuse

bought more WCT at 1.52