WIDAD GROUP BERHAD

KLSE (MYR): WIDAD (0162)

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Last Price

0.05

Today's Change

-0.005 (9.09%)

Day's Change

0.05 - 0.055

Trading Volume

880,900


11 people like this.

8,360 comment(s). Last comment by skyhin 3 days ago

paperplane

21,659 posts

Posted by paperplane > 2018-11-12 23:00 | Report Abuse

Cheers

Posted by Dream Catcher 88 > 2018-11-13 07:20 | Report Abuse

I already chip in... Widad !

paperplane

21,659 posts

Posted by paperplane > 2018-11-13 08:02 | Report Abuse

Dont tell so much lah, aiyo.....

Posted by Dream Catcher 88 > 2018-11-13 08:20 | Report Abuse

Okok paperplane. Already deleted. U know i know ok d .good luck

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2018-11-13 08:21 | Report Abuse

Lousy counter

Posted by Dream Catcher 88 > 2018-11-13 08:35 | Report Abuse

Lousy please sell ??

paperplane

21,659 posts

Posted by paperplane > 2018-11-13 09:27 | Report Abuse

YUP! keep low....don't let those lazy ppl earn ok! hehe. GEMS will unfold themselves, be patient

Posted by Dream Catcher 88 > 2018-11-13 10:10 | Report Abuse

Agree. Huat tgt =)

kenneths

47 posts

Posted by kenneths > 2018-11-13 12:33 | Report Abuse

If this is lousy counter, please sell all to me...

paperplane

21,659 posts

Posted by paperplane > 2018-11-13 14:33 | Report Abuse

Kenneth, sell you RM1

kenneths

47 posts

Posted by kenneths > 2018-11-13 14:48 | Report Abuse

I hope it will up until RM1...hahaha...then i sell all my shares @ RM0.995 and buy 1 lot @ RM1 from you. :)

paperplane

21,659 posts

Posted by paperplane > 2018-11-13 17:11 | Report Abuse

Lol

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-11-16 11:31 | Report Abuse

Ijacob taking a good sleep. When will get up?

dare2join

72 posts

Posted by dare2join > 2018-11-16 14:16 | Report Abuse

u go goreng it now ma up lo XD

paperplane

21,659 posts

Posted by paperplane > 2018-11-19 21:50 | Report Abuse

Waiting action end of this month

kenneths

47 posts

Posted by kenneths > 2018-11-19 22:03 | Report Abuse

more specifically Nov 28

satha44

1,749 posts

Posted by satha44 > 2018-11-22 13:08 | Report Abuse

30.5 coming

paperplane

21,659 posts

Posted by paperplane > 2018-11-22 15:59 | Report Abuse

shhhhhhhhhhhh

paperplane

21,659 posts

Posted by paperplane > 2018-11-23 23:53 | Report Abuse

Hear good news coming to town. Can celebrate Xmas with lots of girls ,lots of sex ya. Black Friday,hell I love it

kenneths

47 posts

Posted by kenneths > 2018-11-24 11:34 | Report Abuse

Paperplane, might to share what is the good news. Invite me to you Xmas celebration ya.

paperplane

21,659 posts

Posted by paperplane > 2018-11-25 14:27 | Report Abuse

Hehe. My party super good for xmas. Lots of syt....

paperplane

21,659 posts

Posted by paperplane > 2018-11-26 09:11 | Report Abuse

Let the game and party start before xmas... Hoho. 29.egm

kenneths

47 posts

Posted by kenneths > 2018-11-26 10:47 | Report Abuse

it's already touched 0.315 before EGM

gampang

146 posts

Posted by gampang > 2018-11-26 11:00 | Report Abuse

when EGM

kenneths

47 posts

Posted by kenneths > 2018-11-26 13:59 | Report Abuse

let me teach you how to fish. https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0162

paperplane

21,659 posts

Posted by paperplane > 2018-11-26 14:53 | Report Abuse

wow, new director on board
Working experience and occupation Dato' Feizal Mustapha is the Chairman of BDO in Malaysia, a global firm providing professional services in audit, advisory and tax. He joined the firm in 2012 and provides leadership and strategic direction in developing the service streams and business areas of the firm as a whole. For nearly 2 decades prior to joining BDO, Dato' Feizal served with the Securities Commission Malaysia (SC) in various capacities in different areas of capital markets regulation, including corporate finance, corporate governance and market oversight. His last post at the SC was as the Senior General Manager and Head, Market Development. Dato' Feizal is a seasoned capital markets practitioner in the regulatory, corporate finance and financial advisory fields.

Directorships in public companies and listed issuers (if any) None

Family relationship with any director and/or major shareholder of the listed issuer None

Any conflict of interests that he/she has with the listed issuer None

Details of any interest in the securities of the listed issuer or its subsidiaries None

paperplane

21,659 posts

Posted by paperplane > 2018-11-26 16:36 | Report Abuse

WIDAD can be next IJM, GAMUDA....top notch construction if they meant for serious business

kenneths

47 posts

Posted by kenneths > 2018-11-26 17:01 | Report Abuse

stands on top of 0.315...Good shows on Wed EGM. WIDAD, WIDAD, WIDAD

Posted by kanasai55_ > 2018-11-27 04:35 | Report Abuse

Goreng ctr why Bursa mata buta? QR dare not show bec revenue again 0?

paperplane

21,659 posts

Posted by paperplane > 2018-11-27 10:13 | Report Abuse

Where got goreng. No limit up yet

kenneths

47 posts

Posted by kenneths > 2018-11-28 12:01 | Report Abuse

shows time this afternoon...

paperplane

21,659 posts

Posted by paperplane > 2018-11-28 12:07 | Report Abuse

alredi show time, gap down...haha

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 07:50 | Report Abuse

I guess coming result will be good. Lets see if operator will push it up then

Er Xian

174 posts

Posted by Er Xian > 2018-11-29 10:11 | Report Abuse

hi paperplane I just start following this counter, may I know why was the previous few quarter no revenue for ijacobs? thanks

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 10:49 | Report Abuse

IJA just took over by a construction company, will be renamed WIDAD soon. Previous company not profitable and different business. New Widad will make you rich! if you have power to hold.
Next IJM, Gamuda in making....

Posted by Dream Catcher 88 > 2018-11-29 12:35 | Report Abuse

EGM on 29/11 officially to WIDAD Buisness Group
Now I discuss why you shouldnt miss it

1) Grade A bumiputera company
http://www.idealjacobs.com.my/company/group-awards-achievement

2) Current Project 1.3billion bidding stand at 2.1 billion plus

3) Budjet 2019 announce 1.5B to 210k of Prima house

4) Budjet 2019 to construct new government office , hospital and school construction etc.

5) Credit rating of Widad as AA2
https://www.ram.com.my/pressrelease/?prviewid=4715

6) Profit margin from construction and IFM around 14%+ which is higher than usual construction sector of 8%

7) Tan Sri Ikhmal shows great leadership and entrepenuership with diversified buisness ranging from water sewage treatment , college , construction, property management, air conditioning system, civil engineering work , piling and etc.

8) Owe 64.46% of Dataprp(8338) which recently get 14.2m from RHB. Widad buy it with 16 sen ( Paper profit around 46%)

9) 2016 cash and balance as Rm31m

10) Revenue increases 106% or 115m

11)RM 500m project for National Palace until 2020 ( IFM project)

12) IFM to grow to 4.95billion or CAGR 8.1%

13) 2016 Net asset around 250m

14) Tan Sri Ikhmal hold around 73% and first company in Malaysia to promise to hold share for 6 months from date of listing
After that only can sell or trade but need to maintain 45%. After 12 months still need to hold 1/3 . This shows Tan Sri Ikhmal is very confident for his company.

Posted by bursahunter > 2018-11-29 12:41 | Report Abuse

wow...still got 0.3 aftr so long..not bad, might push to con more ppl in

Posted by Dream Catcher 88 > 2018-11-29 12:43 | Report Abuse

It is no longer IJA. IT IS WIDAD ... LIVE WIDAD . LIVE WIDAD

kenneths

47 posts

Posted by kenneths > 2018-11-29 13:40 | Report Abuse

Insider said QR will be out today or tomorrow...result is good. From 0 Revenue to multi-millions Revenue.

Posted by Dream Catcher 88 > 2018-11-29 13:46 | Report Abuse

Load up fully. dont miss it !!!

Posted by Dream Catcher 88 > 2018-11-29 13:46 | Report Abuse

TP 0.8

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 14:26 | Report Abuse

our expectation that the Company’s stable cashflow and robust debt-servicing ability will remain underpinned by predictable monthly contractual payments, pursuant to its facilities maintenance contract with the Public Works Department (PWD) to maintain the National Palace (the Contract).

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 14:26 | Report Abuse

Widad Capital is entitled to monthly payments from the PWD according to a schedule under the Contract. However, these monthly receipts are conditional on the performance of the maintenance work, with a portion being the provisional maintenance work, which is less certain in terms of timing and value. Under RAM’s stressed scenario, Widad Capital is projected to register respective minimum and average finance service cover ratios (with cash balances, calculated over a 12-month period in payment months) of 1.93 and 2.35 times through the remaining tenure of the Sukuk. These are despite our assumption of an 80% reduction on the remaining provisional sum (as at end-May 2018, about 23% of the initial contracted value of RM68.11 million had been realised).

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 14:26 | Report Abuse

Widad Builders Sdn Bhd is the sub-contractor appointed by the Company to undertake the facilities maintenance work; the former has a reputable operating track record, having 3 years of experience in maintaining the palace prior to the current contract. Deductions on the monthly receipts will be effected on poor workmanship and this will be borne by Widad Builders. For the past year, the work performed has been satisfactory as the deduction imposed has remained minimal at an average of 1.9% of monthly work done. Having the Government of Malaysia – via the PWD – as the ultimate obligor of contractual payments to the Company minimises the latter’s counterparty risk. The Sukuk holders are further protected by the tight structure and restrictive covenants of the transaction, notably the prohibition of dividend payments during the Sukuk’s tenure.

Posted by Dream Catcher 88 > 2018-11-29 14:40 | Report Abuse

@paperplane help push the share price. thanks

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 15:08 | Report Abuse

no money lah bro. I fun manager only, not FUND manager leh.....

paperplane

21,659 posts

Posted by paperplane > 2018-11-29 15:11 | Report Abuse

Ask the chairman inject all his sub-sub and big big companies inside, make it a conglomerate

YC3883

116 posts

Posted by YC3883 > 2018-11-29 17:09 | Report Abuse

good news

Posted by EatCoconutCanWin > 2018-11-29 17:27 | Report Abuse

wow..good predict.

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