Member Profile
Yummydividend |
Total Cumulative Posts |
31 |
Joined |
Jan 2012 |
Stocks Yummydividend likes |
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Comments
| User Comments |
| 11 May 2018, 11:00:25 AM
Misswani, you are able to obtain your historical share price at investing.com website. However, the share price might be adjusted after capital restructuring. ie. share split, bonus issue, subdivision or rights issue.
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| 09 Jun 2015, 11:24:25 PM I respect others report, its a mirror effect for me. We all know this Company is solid good. But, his report give us a reminder for over-confident. Of course everything according to plan, the earnings and dividend will go up, but anything can happen in business.
Fingers crossed.
Oh, if without report from CIMB or any other investment bank, we cant get discounted share price right? Instead, we should thank him for providing us free analysis report!
BURSA dropping, and will continue to drop. Faster sell lor!!!!!{:lol} |
| 18 Apr 2015, 4:11:49 PM http://www.bloomberg.com/research/stocks/financials/financials.asp?ticker=WELL:MK&dataset=balanceSheet
Some bad comments for wellcall. |
| 26 Feb 2015, 12:26:15 PM Anyone attended the AGM of wellcall? Please share some information here. Or any recording, please share to my email - d_har@outlook.com |
| 20 Jan 2015, 3:38:27 PM Wellcall is only share I wish it drops, I seldom get what I wish for. It drops when I am broke. |
| 30 Aug 2014, 12:40:34 AM WELLCALL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description Clarification of Article appearing on The Star, Star Business Section, page 8 on Saturday, 23 August 2014 with the title of WELLCALL EXPANSION ON TRACK
We refer to the article published by The Star on Friday, 23 August 2014 pertaining to the above matter.
In the said article, we noted that some of the facts stated therein were inaccurate (of which has been underlined and bold in the said article) and we wish to clarify/correct the following:
1. The new facility, located about 1km from Wellcall’s existing factories in Ipoh, is expected to increase its mandrel hose production, the firm’s core product, by 50% to 38,000 tonnes per annum. Phase 1 and 2 of Factory 3 will boost its total installed capacity by 70% from 33,000 tonnes to 35,000 tonnes currently.
Clarification:
The new facility, located about 1km from Wellcall’s existing factories in Ipoh, is expected to increase its mandrel hose production, the firm’s core product, by at least 100%.
Phase 1 and 2 of Factory 3 will boost its total installed capacity by 70% from 33,000 tonnes to 56,100 tonnes.
2. Wellcall sells two types of hoses: mandrel and extrusion. The latter are smaller-sized with a diameter of 5cm and below. Mandrel hoses are more lucrative for the group, with profit margins ranging from 70% for mandrel to 20% for extrusion, Chew says.
Clarification: The gross profit margins ranging from 20% to 70% for its products and depending on product specification and geographical area.
3. “Most of our exports previously went to the United States, Europe and the Middle East, but Asia is now our largest market, led by China,” Chew quips.
Clarification: “Most of our exports previously went to the United States, Europe and the Middle East, but Asia is now our largest market, Wellcall also export to China,” Chew quips.
4. The market for synthetic rubber is also oversupplied. “Prices of synthetic rubber before this were stuck at US$4,000 (RM12,640) per tonne for a long time because there was a limited number of suppliers. It has dropped to US$2,800 (RM8,848) per tonne the last time I checked, and is still declining.”
Clarification: The market for synthetic rubber is also oversupplied. “For instance, prices of EPDM (one of the highest range of synthetic rubber that Wellcall purchase) before this were stuck at US$4,000 (RM12,640) per tonne for a long time because there was a limited number of suppliers. It has dropped to US$2,800 (RM8,848) per tonne the last time I checked.
5. During the crisis years of 2009-2010, Wellcall was hit hard when some of its clients, spooked by the global financial meltdown, cancelled 50% of their orders overnight.
Clarification: During the Lehman brother crisis started in late 2008, Wellcall experienced some of its clients, spooked by the global financial meltdown, cancelled 50% of their orders overnight in November 2008.
6. Today the group operates on a fraction of the manpower it used to employ. In the past, four people managed one line, producing eight hoses per shift. Its new lines, each manned by a single worker, outputs 22 to 26 hoses per shift.
Clarification: Today the group operates on a fraction of the manpower it used to employ. In the past, four people managed one line for Mandrel Production Line, producing eight hoses per shift. Its semi-automated mandrel production lines, mostly by a single worker, outputs 22 to 26 hoses per shift for average diameter industrial hose of three (3) to six (6) inches.
7. Wellcall spent RM4mil instead of RM32mil to install its mandrel facilities in Factory 2, Chew explains.
Clarification: Wellcall spent RM4mil instead of RM32mil on its 32 mandrel production lines excluding other secondary equipment and supporting machineries in Factory 2, Chew explains.
8. If it decides to go ahead with the spiral line, the group is likely to buy and refurbish an old line, which could cost less than half the price of a new machine, he adds.
Wellcall is set to see its cost base fall further in a couple of years once all its equipment is fully depreciated.
Its land cost is also one of the lowest in the industry at RM5.20 per sq ft, Chew points out.
Clarification:
If it decides to go ahead with the spiral line, the group might explore on acquiring a refurbished an old line, which should cost less than the price of a new machine, he adds.
Its land cost is also one of the lowest in the industry at RM5.20 per sq ft for factory 1 and 2 but after averaging land cost for its factory 3 and taking into account of its leasehold period of 99 years, it is average at RM6.20 per sq ft
9. Factory 3 will feature some 18 mandrel production lines, but the final decision on the spiral line will be made once the group has weighed all the risks.
Clarification:
Factory 3 will feature some 18 mandrel production lines at Stage I, but the final decision on the spiral line will be made once the group has weighed all the risks.
In addition, we append a copy of the aforesaid article published by The Star for your ease of reference.
This announcement dated 25 August 2014.
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| 18 Feb 2014, 9:29:06 AM The company owns Willow and Dsonic shares, unfortunately, they owns MAS too. |
| 25 Dec 2013, 9:55:23 AM where you get the source? |
| 10 Oct 2013, 11:49:59 PM Hold this counter, get coffee money 4 times a year.
Tai Yi Longs research reports is just some noise created to scare the traders. |
| 21 Feb 2013, 9:42:59 AM [QUOTE=wow123 @ 20 Feb 2013, 10:48 PM]2324[/QUOTE]
How GE13 correlates with Digi price? |
| 06 Feb 2013, 11:39:12 PM [QUOTE=Francisleong @ 06 Feb 2013, 11:00 PM]2297[/QUOTE]
Sorry, Annual Report cash position suddenly jump up so much. |
| 06 Feb 2013, 10:22:47 AM [QUOTE=BTKSM @ 06 Feb 2013, 10:18 AM]2286[/QUOTE]
Should be unpleasant, the insiders are dumping their shares. At least I got my CNY Ang Pow. {:rolleyes} |
| 06 Feb 2013, 9:47:05 AM Look at the AR cash position... {:drool} hope I got that much cash {:wub} |
| 06 Feb 2013, 9:43:01 AM When only they want to announce the dividend? My patient is reaching the limit. |
| 16 Jan 2013, 9:44:02 PM [QUOTE=Francisleong @ 15 Jan 2013, 11:16 PM]2215[/QUOTE]
By just looking at the cash, they afford to pay. If you listen to BFM interview podcast with the management of Wellcall. You will understand.
Buy anytime is ok, at least you will get 6 to 7% interest p.a. better than FD 3%.
2cents. |
| 12 Jan 2013, 2:11:30 AM Director sold shares... What happen? |
| 27 Nov 2012, 3:11:29 PM [QUOTE=gab102001 @ 26 Nov 2012, 12:43 PM]2119[/QUOTE]
Hmm... thank you for the reminder. I buy without selling if petroleum is not extinct. |
| 26 Nov 2012, 12:00:55 PM Envy {:sad}... I sold when T get 50% gain, now buy back at premium.. learn from mistake..now I buy as a MAN! Every month buy like an unit trust! |
| 24 Nov 2012, 12:24:10 PM Just like a Fixed deposit, without disappointing the shareholders, 4 cents again! {:thumbup} |
| 21 Nov 2012, 1:31:26 PM There are some noise in i3investor portal. {:lol}{:wub} |
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