Wednesday, August 8, 2012

WCT - The Next Roarer Horse !!!



1. OSKPROP - Sold some at RM1.00 for the batch that i bought at an average price of RM0.985. ^^ :)

2. OSKPROP-OR - Swap from OSKPROP and bought more OR at RM2.68 to get more of it right shares. ^^ :) I ask the Investment Bank staff whether i can apply excess for Right, they ask me to try but i am quite sceptical of it getting the application approved even if i do apply as hng pointed out that this is a special case where the right comes with BI. Nevertheless, i still putting small hope here by applying a very small quantity of 5000 units excess. ^^ Putting a side 5K is something still can be afforded without upsetting my trading limit much. Hoping for a miracle then. LOL !!!

3. IGB REIT - Thanks gark for the input. I will still go with my IPO on this, as this is the separate fund that meant solely for IPO.  ^^ :)

4. WCT-WB - Way to go hng being one of the top 20 major warrant holder. ^^ All the best and hope WCT roar big time, went surpass RM3 mark !!!!! HUAT Ah. :)

5. Watch List - OSKPROP, WCT, AMPROP, RCECAP, ARREIT, YTLP-WB

6. Good Luck !!!

55 comments:

Teng said...

Horse

Assume you are give excess of 100 shares. Your cost is RM100 but you get 300 shares +300 warrants. Total value is about RM370-400 which give you return of 270-300. This is >5% return on your RM5k

hng said...

horse/Teng

Although its very unlikely OSK property will consider excess application, as its has deep dilution impact by giving up another 2 bonus share. But anything can happen though, can try our luck :)

hng said...

horse/Teng

Although its very unlikely OSK property will consider excess application, as its has deep dilution impact by giving up another 2 bonus share. But anything can happen though, can try our luck :)

hng said...

Teng

I thought today is last of trading for OSK property? stock will delisted tomorrow, if wanna to sell for profit, you should trade today!

hng said...

Teng

My current position on WCT-WB is based on its 2011 annual report, i should rank at no 20 the top largest warrant holders :)

hng said...

horse

Have you realize your profit on Genting Singapore? or wait for its Q2 result which is going to announce soon. There is risk and reward, If financial result show good, stock will react positively head north, if not, stock may continue turn south.

hng said...

EPF and LTH have increase their stake on WCT, Lets hope for best. Stock need to decisive breakthrough resistance level at 2.55. Upcoming EGM and Q2 result should serve as catalyst if WCT able to deliver or exceed analyst forecast

Teng said...

Hng

I did not really check last day for OSKProp OR trading day. I thought it is thursday. My cost is 2.48 and should have no problem making money once right issue and warrant is listed

Teng said...

Hng

Of many projects by WCT,I am optimistic about land acquired in OUG near Taman Yarl. Some analysts were caught surprised 60 acres of land is available in KL address. Don't think you can find such big land in pj KL area

Teng said...

Hng/horse

If I am right,it is not OSK Prop that decide excess application,but their underwriter. If any OSK Prop shareholder who entitled to right issue,but not subscribe,then underwriter will allocate to those apply excess. Doubt anyone who will give up,but there are people,eg working oversea not aware of this. Or some people own very small quantity,eg 500 shares,and their entitlement is 50 shares

horse said...

hng,

Still holding GSP, in fact waiting for it Q2 result. Hope there is surprise in the result. ^^

hng said...

Teng

The estimate GDV at 4bilion is very conservative. By the time project kick off phases by phases, GDV will increase in tandem. This parcel of land will keep WCT busy for the next 10 at least, in which it plan to include another Mall + Hotel to adds into its investment properties portfolio

hng said...

Teng/horse

Lets try our luck by applying excess unit in OSK property

horse said...

Teng,

I do hope i can get the excess even if it in small qty. :)
Like you said return will be good if can get. ^^
Hope for more people not applying then we will have chance getting it.

horse said...

hng,

Are you applying the excess as well? ha ha ha.
Let's hope there are excess available. ^^

hng said...

horse

Since you and Teng are so optimistic, i change my mind, will apply excess, lets see among us who manage to get it if any :)

horse said...

Put in small sum will do. Try our luck and see. If we don't get nothing to lose, if we get it a lot to gain. ^^

hng said...

Teng

You you check the largest shareholder of WCT, you will noticed that almost all aside WCT capital control by its MD, are institutional fund, EPF, LTH, Amanah Saham, Value cap, Great Eastern, Public Mutual etc.

Among the good indicators are presence of Public Mutual Find, Great Eastern and Value Cap, which are very conservative fund. To be among top 30 largest shareholder, implying that WCT is worth of investing.

Retail investors only seek alternative exposure to have indirect interest in WCT through investing in its warrant.

hng said...

horse

Actually, you don't need to apply IGB REITs IPO, invest directly now in Krisassest, is not only 100% sure get it but also is cheaper alternative way.

horse said...

hng,

If WCT surge, you are the happiest and truly laughing all the way to the Bank !!! ^^

I will still apply the IGB IPO, because those fund are really meant for IPO only.

Will consider getting Krisassest as well. ^^

hng said...

敦拉薩國貿10億合約 WCT工程勝算高


(吉隆坡8日訊)敦拉薩國際貿易中心(TRX)即將動工,券商估計地基和地面工程配套總值料高達10億令吉,WCT工程(WCT,9679,主要板建築)獲合約勝算高。

 豐隆投銀研究分析師在報告中估計,相關木土工程合約總值高達10億令吉;WCT工程上財年訂單總額僅1億8700萬令吉,現有人手不僅可應付現有工程,競標或執行更多合約亦綽綽有余。

 因此,豐隆投銀研究給于WCT工程“買進”評級,目標價格3.36令吉。

 WCT工程今日午盤一度漲7仙至2.53令吉;閉市時起5仙,掛2.51令吉,成交量194萬8600股。

Gark said...

Hng, I have done my reasearch and found that WCT has good future potential. Loaded up some WCT-WB @ 0.30. :)

I am looking at Cypark as well... any thoughts?

hng said...

Gark

Welcome to WCT club :) Hope we all enjoy our investment journey here.

Cypark, not familiar, need to do some research first

Teng said...

Gark/Hng

I go for mother instead of daughter.

Bought some WCT at 2.51. More still in the q

hng said...

Teng

You also join in, welcome :)

ck5354 said...

kriassets walau wei 8.96

Teng said...

All my buy q for WCT at 2.51 matched

hng said...

ck5354

As pointed earlier, Kassest currently have value of 9.20, based on its entitlement on upcoming IGB REITS which intiitally value at RM 1.00, but turn out to be RM 1.25.

That why i advice horse to buy Kassest directly to own IGB REITs which is not only 100% get IGB REITS without need to apply through IPO, but also is alternative cheaper way.

karimaero said...

Hng

Wish I had more bullet to buy wct wb...

Wil have to wait out Ann joo and wtk... : )

hng said...

Karimaero

I also struck some of my capital in WTK and Ann Joo, but take proactive step to sold off Ann Joo, and realize one time loss.

Between two, i've opt for Ann Joo to cut loss as these coming Q2 result is determinant whether stcok will rebound or continue turn south. With so many report coming out recently that global steel demand still remain weak, compounded by strengthening US against RM, i a bit afraid Ann Joo may continue suffer. Its Q1 result which recognized Forex gain may turn to Forex loss in Q2 result.

On the other hand, WTK should be more promising as its cumulative 3 month from April to end June production surge more than 35% for Log production and 75% increase in FFB against Jan-Mar. Thus, foreseen much better Q2 result than Q1 result

hng said...

Teng/cheeHeng

WCT start to picking up momentum again

hng said...

Gark

Still await lagging WCT-WB to follow mother share :)

hng said...

Bought faber at 1.30

Teng said...

Hng

Good sign for WCT

I queue WTK at 1.19 last two days.Today only 3k share matched

Still stuck with Annjoo bought at 1.59

Teng said...

Those who followed Hng to buy Tambun OR at 8 cents level will now make tons of money. Mother is 63 and warrant 20 cents. Warrant is FOC + profit from mother ( 63-50 cents=13cents)

ck5354 said...

Faber drop because of this:
FABER GROUP BERHAD (FGB)
STATEMENT OF CLAIM FILED BY BAYNONA GROUP (THE CLAIMANT) AGAINST FABER LIMITED
LIABILITY COMPANY (FABER LLC) AND PROJEK PENYELENGGARAAN LEBUHRAYA BERHAD (THE
DEFENDANTS) (STATEMENT OF CLAIM)
You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.

hng said...

ck5354

Faber case already make known since last 2 year already, the legal case is still long time to be iron out. Faber already make full provision and there will be no further write down but if any will be fully compensated by Propel, the subcontractor of Faber.

hng said...

Teng

I may only good in recommending winning stock, but personally unable to capitalize its till maximum. But i'm happy enough to look others follower make good money of it.

I strongly believe through share information and picking the right winning stock, everyone should benefit one and others, improving skill and minimized error throughout investment journey

But as i said, trade at your own risk as reward is own but so same one have to bear personal risk.

Teng said...

Hng

WCT-WB is moving towards 31. Near your target?

karimaero said...

hng,

Thanks for the explanation....

Decision time.

Thanks.

hng said...

Teng

Even already sitting on 5 digit paper profit, i still prefer to wait bit longer, hope can multi 5 digit gain

Teng said...

sold WTK at 2.54 for intraday gains

ck5354 said...

perisai cimb say got surprise on 15 august.

Anyone interested?

ck5354 said...

just now compare rate of 0.035 vs 0.42

for 10 biji YTL - if I sell now
water lui is 75.60 for 0.42%
where
6.30 for 0.035%

Walau wei so big different

hng said...

Bought more Faber at 1.30

hng said...

ck5354

The difference is more than 10x brokerage fees. However, one is cash upfront, the other applied to collateral

hng said...

Bought maximum Faber, all at 1.30

ck5354 said...

cash upfront is better in term of control your emotion

hng said...

ck5354

You're right, so long you have enough own capital to invest in stock market and generate good average monthly income, at least 20% of your salary, then i think is consider good return as part time investor

Teng said...

I call maybank investment to apply for OSKProp excess 4k. Hope to get some

Teng said...

Faber Q2 profit up 18%,EPS 5+sens. Annualised 20sens. PE <7

Bubble Tea said...

Can i join wct wb gang? Bought some too @0.305 & smartag 0.255.

Ck, me too opened Mplus, less brokerage = more untung :)

hng said...

Teng

The reason i like faber especially at low price is risk mitigated by the fact that Faber is in net cash position, 72sen/share or 55% of current share price is in the form of CASH! In addition, dividend also at 8sen, give rise to yield of more than 6%

Nonetheless, the major risk still remain its ability to secure extension of its IFM concession However, by just looking at its status as GLC, control by PNB and LTH, is will just a matter of time to iron out new T&C and charge rate to be finalized for renewal.

hng said...

Teng

With impressive Q2 result couple with technically reaching hard rock bottom, expect Faber to rebound strongly tomorrow.

hng said...

Faber's earnings up 18.3% to RM19.53m

KUALA LUMPUR: Faber Group Bhd's earnings rose 18.3% to RM19.53mil in the second quarter ended June 30, 2012 from RM16.50mil a year ago, boosted by its integrated facilities management (IFM) and property division.

It said on Thursday that its revenue increased by 16.9% to RM217.99mil from RM186.42mil a year ago. Earnings per share were 5.38 sen compared with 4.55 sen.

"The IFM concession recorded higher revenue by RM6mil due to higher variation orders and higher bed occupancy rates. In addition, property division recorded higher revenue by RM23.0mil mainly due to higher progress billings from Laman Rimbunan Phase 4 and 5 in Kepong," it said.

In the first half, its earnings rose 17.5% to RM36.02mil from RM30.65mil. Revenue was 4.5% higher at RM401.98mil from RM384.61mil.

Faber Group said the IFM concession and property division recorded positive variance of RM10.4mil and RM27.7mil respectively.

However, the IFM non-concession recorded negative variance of RM20.7mil due to non-renewal of contracts for infrastructure and low cost houses maintenance. Low cost houses maintenance and infrastructure maintenance contracts expired in April and June 2011 respectively.

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