WCT HOLDINGS BERHAD

KLSE (MYR): WCT (9679)

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Last Price

0.905

Today's Change

-0.005 (0.55%)

Day's Change

0.905 - 0.92

Trading Volume

4,276,600


27 people like this.

16,636 comment(s). Last comment by TonyHandsMan 5 days ago

Posted by charles825 > 2021-01-14 09:22 | Report Abuse

WCT haizz hard

tamizy

47 posts

Posted by tamizy > 2021-01-14 09:23 | Report Abuse

boss accumulate so many.. Maybe this dream will come true....

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-14 09:39 | Report Abuse

Better run if you are buying solely because of this news. Do you know who owns Meydan? Haha ha......

tamizy

47 posts

Posted by tamizy > 2021-01-14 09:49 | Report Abuse

government owned like those GLC here. full of XXX

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-14 09:53 | Report Abuse

Ha ha ha... Tamizy worse than our GLC....

tamizy

47 posts

Posted by tamizy > 2021-01-14 10:05 | Report Abuse

one billion cost nothing to them, FACE more important..haha!

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-14 10:18 | Report Abuse

Haha ha... Correct correct correct.... Hope durian runtuh if the ruler of Dubai change his mind.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-14 11:01 | Report Abuse

Just for fun, I tell you what, he can use 1.197 billion to buy up 100% wct. Why you want to pay wct, when you can buy wct with the money and own the company. Think of it. Haha ha... Hope he never think of this idea.

ootch

2 posts

Posted by ootch > 2021-01-14 15:07 | Report Abuse

For the fun above, any party acquire say 30 % stake in wct, the block purchase price could be rm 1.25 per share

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-14 16:54 | Report Abuse

Ootch, you are right, I just make fun only. But today huge block at 5.20 is very curious to me... Looks like someone purposely stopped the speculative action. Anyway, I will hold and wait for the big boss yo wake up and do something about wct.

tamizy

47 posts

Posted by tamizy > 2021-01-14 17:44 | Report Abuse

price still very low, worth to keep some.

phyroxus

683 posts

Posted by phyroxus > 2021-01-15 19:20 | Report Abuse

today volume low till ah ma also cant recognize...

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-15 20:02 | Report Abuse

Haha ha... The huge block at 0.52 put all fire off.... Need to check this huge block next week again.

phyroxus

683 posts

Posted by phyroxus > 2021-01-20 18:17 | Report Abuse

wct no more ohm after the announcement of HSR termination.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-21 20:22 | Report Abuse

Just to share an insider views with you all. Construction now need mega projects to be directly awarded to local players, mega project like ECRL only left bones for local players. That is why so far no huge portions of ECRL are awarded to local players. Wct is lucky to have a big boss supplying contracts for them to hang on.... We need to see mega projects start to move again. If you can hold for 2 to 3 years, construction is good buy, because they all are very cheap. If you want to play short term, better don't touch construction.

Orson Chin

2,079 posts

Posted by Orson Chin > 2021-01-21 23:17 | Report Abuse

They will get the claim ... but don’t know when and final amount

loss9696

87 posts

Posted by loss9696 > 2021-01-24 12:09 | Report Abuse

will it be back to 20+ sen? thinking to avg down..

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-25 18:35 | Report Abuse

Someone can pls give us some background to today announcement? Why wct need to pay but directors said is financially positive to wct?

Posted by make_money_enough > 2021-01-25 21:38 | Report Abuse

Look more towards bad announcement but they try to twist to sound more positive. Hahaha..

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-25 22:26 | Report Abuse

Likely, just those impairments thing in accounting.... Write on, write off... Playing with figures.

sunnyguy

145 posts

Posted by sunnyguy > 2021-01-31 00:21 | Report Abuse

@Sharefisher: Because mentioned in the announcement, the initial awarded claim amount is QAR158 mil, now after negotiation, the settlement amount reduced to QAR115 mil.

Total save of QAR43 mil.

Chee Hong

17 posts

Posted by Chee Hong > 2021-02-01 00:34 | Report Abuse

43mil = 3 sen per share. :P

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-01 14:10 | Report Abuse

1 QAR = 1.11MYR, 43 million QAR = 47.73 million MYR, sounds big saving,.... problem is still need to pay 100 over million.. Ha ha ha..

Chee Hong

17 posts

Posted by Chee Hong > 2021-02-02 05:23 | Report Abuse

Already allocated 2019 last quarter.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-02 09:40 | Report Abuse

I know, that is why I said, write on and write off thing in figure only.

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:47 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:47 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:48 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:48 | Report Abuse

Okay also la

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:48 | Report Abuse

Boleh juga la

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:48 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:48 | Report Abuse

Very good

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:49 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:49 | Report Abuse

Well done

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:49 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:49 | Report Abuse

Keep surging

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-10 18:50 | Report Abuse

Good luck

Posted by make_money_enough > 2021-02-10 19:02 | Report Abuse

Better than nothing right? Haha

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-02-13 16:22 | Report Abuse

I think WCT will have its day soon.

Posted by unknownbro > 2021-02-16 11:36 | Report Abuse

fly pls WCT

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-18 19:23 | Report Abuse

Big boss buying again. Last buying was Oct 2020.

tumbler

492 posts

Posted by tumbler > 2021-02-21 14:33 | Report Abuse

"Vaccine in the House" .Just full loaded this counter on this because of it current undervalue price with the following reasons:
1) WCT involve 3 sectors of business that is engineering construction , property development and Property investment and management.
2) Engineering construction sector current order book was RM 6 bil expect to keep company busy for next 3 to 4 years workload without need any additional project. However , the company current tender book value is RM6.2bil will give bonus to company if any successful tender project.
3) Property development sector currently develop in Paradigm residences(Construction progress 9% with 68% units sold rate)Johor and Aronia Klang(Construction progress 54% with 39% units sold rate).
4) Property investment sector currently have 3nos or retail mall located in Klang , Petaling Jaya and Johor Bahru with Occupancy rate more than 95% as at june2020. Besides this , WCT also have KLIA gateway with occupancy rate 94% and Subang terminal with occupancy rate 90%. All of these are golden goose for the company and create recurring income to company.
5) Net tangible asset of WCT worth RM2.23 and now current share price was RM0.46 is ridiculous under value.

Conclusion : Extremely undervalue GEMS once the Malaysians are vaccinated , this WCT will be superstar flying to the moon with minimum TP RM1.50

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-21 14:49 | Report Abuse

Tumbler, I already follow the big boss collected long time ago..... Don't know when wct will fly? Haha ha..

Posted by interkool78 > 2021-02-21 22:12 | Report Abuse

Hi Tumbler, yes very good analysis. I bought based on the same reasons you highlighted. 2 more points. The investment properties can be formed as a REIT either by itself or merge with Pavilion Reits. One more catalyst would be the Billion award winning in UAE which i believe somehow WCT will be able to collect in future perhaps smaller amount. Very undervalued. Good proxy for Covid2019 recovery

gxltwsb

99 posts

Posted by gxltwsb > 2021-02-22 00:27 | Report Abuse

Hey, who know PAvilion Bkt Jalil is under Pav reit or Malton ?

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-22 09:27 | Report Abuse

Interkool78, agree, the two others points that you mentioned will send wct rocket up if it actually happens.

Hafid

1,135 posts

Posted by Hafid > 2021-02-22 10:15 | Report Abuse

what worry is infrastructure project not award as fast as it shall be...

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-22 10:32 | Report Abuse

I think PN need to build the market feel good factor before calling for election. Now is to put covid under control, then push development projects out..... If PN really want to win the election.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-02-22 18:41 | Report Abuse

Big boss bought 500k share.

Flying Fox

849 posts

Posted by Flying Fox > 2021-02-22 18:44 | Report Abuse

From 2.49 @ 3 years back all the way down to 0.47, 80% gone, really cheap now

Those still hold can choose to cry & do nothing.

Or top up to level down the cost

Or sell it & never look back.

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