WIDAD GROUP BERHAD

KLSE (MYR): WIDAD (0162)

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Last Price

0.055

Today's Change

+0.005 (10.00%)

Day's Change

0.05 - 0.055

Trading Volume

525,000


11 people like this.

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

145921_wjy

313 posts

Posted by 145921_wjy > 2020-04-07 23:49 | Report Abuse

widad coming big resistance at 0.320. If possible to break, next level will be 0.360.

Posted by winefficietly > 2020-04-14 16:41 | Report Abuse

With the private placement announced on 13.04.2020
And volume building up, it is likely once the resistance of rm0.320 break, it will move up at a good percentage

Posted by winefficietly > 2020-04-15 09:22 | Report Abuse

Further study on the announcement on private placement on 10% of the issue paid up capital dated 25.02.2020.
Based on paragraph 2.1 on the announcement, the price of allotment shall be determined separately

Posted by winefficietly > 2020-04-15 09:30 | Report Abuse

By the board at a later date.
“For illustration pilurpose, assuming the placement shares are issued at an indicative issue price of RM0.48 per Placement share ( “Indicative issue Price) based on approximately 9.72% discount to the 5D-VWAMP of Widad......gross proceeds to raise app RM117.82 mil”

Posted by winefficietly > 2020-04-15 09:32 | Report Abuse

Based on past history of other listed company on private, this is an interesting counter to look into

Posted by winefficietly > 2020-04-15 12:23 | Report Abuse

With the volume building up at reasonable peace, it seem like a good sign for this counter and good for investors to have a close look at this counter

Posted by winefficietly > 2020-04-16 08:53 | Report Abuse

Further details on the fund proposed utilisation on the proposed placement dated 25.02.2020 as follows:-
Future expansion of business RM70 mil
Working capital requirements RM43.9 mil
Estimated expenses on this proposal RM3.9 mil
Total estimated proceed. RM117.8 mil
From the above, it seem reasonable mix on proposed proceed utilization which is to generate income if the whole exercise completed.

Posted by winefficietly > 2020-04-17 08:50 | Report Abuse

Volume for Widad has been build up steadily at approximately 15 mil shares (16.04.2020) and 11 million (15.04.2020) with the price break resistance of RM0.340 and touching RM0.350 as at yesterday.
This give investors a good chance to track the this counter for potential rally couple with dow Jones future show sign of up at above 700 points at this particular moment.

thesteward

6,782 posts

Posted by thesteward > 2020-04-19 15:37 | Report Abuse

Slow n steady let’s wait for it to go .50 .
Minetec no 2 . Now just 35 Sen highest was 50+++

thesteward

6,782 posts

Posted by thesteward > 2020-04-19 15:38 | Report Abuse

Hihgest was 61 still long way to go

mf

29,183 posts

Posted by mf > 2020-04-19 15:39 | Report Abuse

SINGAPORE: Singapore reported 596 new cases of COVID-19 on Sunday (Apr 19), bringing the total number of infections in the country to 6588.

Posted by winefficietly > 2020-04-20 09:33 | Report Abuse

The volume for this counter had surpass 10 million for the last 3 trading days and show that the accumulation is likely on going

Posted by winefficietly > 2020-04-20 12:37 | Report Abuse

With the company acquired Serendah Heights Sdn Bhd and Innovatif Mewah Sdn Bhd which expect cash generation from the group in long term.
furthermore, the group revenue 90% generated from government related projects, the cash generation will likely to have minimum impact from current situation.
The article was by China Press interview with the Group Managing Director Dato Mohd Rizal on 31.03.2020 and contain positive outlook to the group

amet2017

3,150 posts

Posted by amet2017 > 2020-04-20 21:28 | Report Abuse

Eps = 0.49 sen. At this price, the company is trading at pe 70

Posted by winefficietly > 2020-04-23 10:04 | Report Abuse

With the strong come back from intraday drop yesterday (22.04.2020) it a good indicator for investors to study this counter

Posted by winefficietly > 2020-04-24 12:04 | Report Abuse

This counter slowly moving up (break resistance of RM0.355 as at yesterday with reasonable volume.

Posted by winefficietly > 2020-04-27 15:15 | Report Abuse

The counter well supported at RM0.355 with shrinking volume which is good for overall performance of the counter

Posted by winefficietly > 2020-04-28 08:52 | Report Abuse

Based on recent announcement dated 27.04.2020, Tan Sri Muhammad Ikmal acquired 7,940,000 shares at RM0.50 represents 0.323% and increased Tan Sri holding to 57.389% (direct or indirect).
With the acquisition at rm0.50 per share by Tan Sri yesterday announcement, it has shown the confidence of the major shareholder on the company weather directly or indirectly company outlook from the recent announcement on purchase of company share at RM0.50 per share.

Posted by winefficietly > 2020-04-28 10:45 | Report Abuse

With the G7 classification licenses issued by Construction Industry Development Board Malaysia, which allow its to tender for government contract value in excess RM10 mil. With its subsidiaries involved in construction and Integrated Facilities Management (IFM).
With it experience in IFM, the group secured contract in provide IFM services to National Place located in Jalan Duta, Kuala Lumpur as well as JB Sentral in Johor. The Group is confident to secure more IFM contracts in future based on its annual report release

alibabacoming

3,466 posts

Posted by alibabacoming > 2020-04-29 23:17 | Report Abuse

are you ready?

alibabacoming

3,466 posts

Posted by alibabacoming > 2020-04-30 12:12 | Report Abuse

coffin counter?

Posted by winefficietly > 2020-05-04 19:40 | Report Abuse

With KL Composite Index down by 31.19 and approximately 2.22%, Widad seem like well supported at RM0.370 at closed of market.

Posted by Miz Raya Bloom > 2020-05-14 08:50 |

Post removed.Why?

Posted by sleepingzzz > 2020-05-14 16:33 | Report Abuse

Widad inked an agreement to enter the building disinfectant business under its facilities management segment.

TP should be around 0.600 for short term

Posted by sleepingzzz > 2020-05-14 16:36 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1226351

Disinfectant business is highly required during this Covid-19 pandemic period ..

rajachulan

1,740 posts

Posted by rajachulan > 2020-05-14 16:37 | Report Abuse

got trend then follow trend.... firm firm eat bihun

Jacky88

139 posts

Posted by Jacky88 > 2020-05-15 08:20 | Report Abuse

Can still buy?

rookie95

139 posts

Posted by rookie95 > 2020-05-23 12:01 | Report Abuse

Anyone remembers the reason for high tax rate (215%) last quarter?

bfg9000

410 posts

Posted by bfg9000 > 2020-05-31 23:04 | Report Abuse

I'm surprised the good Tan Sri brought in so much even after it went up so much since March. Something must be going on well.

adamking

56 posts

Posted by adamking > 2020-06-06 14:36 | Report Abuse

widad going to fly high!

paperplane

21,659 posts

Posted by paperplane > 2020-06-09 23:58 | Report Abuse

thts why, this world many losers than winners. Their mentality is LOSERS MENTALITY

bfg9000

410 posts

Posted by bfg9000 > 2020-06-10 17:57 | Report Abuse

sifu paperplane still holding on this?

Posted by monique1968 > 2020-06-24 22:38 | Report Abuse

Tomorrow fly

jnal

236 posts

Posted by jnal > 2020-07-03 12:18 | Report Abuse

Ini WIDAD kuat tidur ohh... Apa mahu jadi lah.. Kasi terjun sikit..

paperplane

21,659 posts

Posted by paperplane > 2020-07-05 21:44 | Report Abuse

i got free share left only. .....but......hehe

Posted by alibaba123456 > 2020-07-07 14:08 | Report Abuse

sideways uptrends ada chance lol , Parking here

jnal

236 posts

Posted by jnal > 2020-07-07 17:57 | Report Abuse

Too early climax..he3

Posted by alibaba123456 > 2020-07-08 15:12 | Report Abuse

apa cerita kaunter ini. Macam another Naim ke ???

88cash88

90 posts

Posted by 88cash88 > 2020-07-08 21:08 | Report Abuse

haha mana tau esok terus rocket

Posted by monique1968 > 2020-07-13 11:02 | Report Abuse

Wake up

88cash88

90 posts

Posted by 88cash88 > 2020-07-13 20:31 | Report Abuse

another Naim copy and paste..........

lojikim

3 posts

Posted by lojikim > 2020-07-14 12:14 | Report Abuse

WIDAD broke 0.50 resistance

88cash88

90 posts

Posted by 88cash88 > 2020-07-14 21:00 | Report Abuse

another Naim on the ways

Posted by alibaba123456 > 2020-07-20 08:23 | Report Abuse

macam nak pick up lol......

Posted by alibaba123456 > 2020-07-21 15:34 | Report Abuse

macam terlalu solid until tak boleh gerak

88cash88

90 posts

Posted by 88cash88 > 2020-07-22 14:17 | Report Abuse

looks a like making a holes then directs shoot up

ray8793

125 posts

Posted by ray8793 > 2020-07-23 11:45 | Report Abuse

coming

JaBerry

369 posts

Posted by JaBerry > 2020-07-28 15:34 | Report Abuse

Anything to share?

mf

29,183 posts

Posted by mf > 2020-07-28 22:00 | Report Abuse

28-Jul-2020 Insider TAN SRI MUHAMMAD IKMAL OPAT BIN ABDULLAH (a substantial shareholder) disposed 40,980,000 shares on 27-Jul-2020.
28-Jul-2020 Insider WIDAD BUSINESS GROUP SDN. BHD. (a substantial shareholder) disposed 40,980,000 shares on 27-Jul-2020.

Posted by rarzaini > 2020-08-03 16:39 | Report Abuse

right time to collect n will start flying tomorrow

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