WELLCALL HOLDINGS BHD

KLSE (MYR): WELLCAL (7231)

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Last Price

1.42

Today's Change

+0.01 (0.71%)

Day's Change

1.39 - 1.45

Trading Volume

775,000


12 people like this.

1,713 comment(s). Last comment by amateurJR 1 week ago

amateurJR

2,350 posts

Posted by amateurJR > 2022-12-01 17:03 | Report Abuse

One of my most steady stocks. Still holding at paper gain and consistently get dividends while sleeping well every night

Posted by Growthseeker > 2022-12-02 11:02 | Report Abuse

somewhat a disappointing QR but still a good dividend stock to hold....should be brighter days ahead, hopefully no more impairment loss again...price still holding up after a lackluster QR, hope it will continue to move upwards.

Posted by StevenKhoo111 > 2022-12-05 20:15 | Report Abuse

Good in dividend but growth ? Hopefully can make it both <3

AhKeat2018

149 posts

Posted by AhKeat2018 > 2023-01-06 13:31 | Report Abuse

When can back to 1.20 level?

amateurJR

2,350 posts

Posted by amateurJR > 2023-01-06 16:47 | Report Abuse

Haha kena trapped?

Posted by 521onepiece > 2023-01-23 00:47 | Report Abuse

who are its direct competitors?

Knownfact

239 posts

Posted by Knownfact > 2023-02-18 19:52 | Report Abuse

Anyone attending the coming AGM?
Is it unusual to pay non executive directors monthly fees of up to Rm1.5mil

amateurJR

2,350 posts

Posted by amateurJR > 2023-02-25 22:40 | Report Abuse

Another round of consistent earning & dividend

Nepo

3,110 posts

Posted by Nepo > 2023-02-27 16:07 | Report Abuse

Prospect
The Board is optimistics that the Group will remain resilient and able to sustain its market share and positioning despite the challenges ahead in the
global economy. The Group will continue to manage its operating costs and market share by responding swiftly to the fluctuation of supply and demand
chain mechanism especially the elasticity of pricing arising from the freight and raw material costs. Nevertheless, the Group is positive towards the high
demand for low and medium pressure industrial rubber hose that enables the Group to sustain and widen its market base positioning.
Barring of unforseen circumstances and the vibrancy of the global economy sentiment, the Board believes that the Group's future prospects in the
financial year ending 30 September 2023 continues to remain positive especially with the continuation of gradual increase in the momentum of global
demand for industrial rubber hoses.

Posted by Fundamental Trader > 2023-03-07 09:55 | Report Abuse

DEBT LOW ☑
CASH LIQUIDITY ☑
REVENUE GROWTH ☑
PROFIT GROWTH ☑
FREE CASH FLOW GROWTH ☑
UNDERVALUE ☑
TREND ☑
LOW RISK/REWARD SETUP ☑

amateurJR

2,350 posts

Posted by amateurJR > 2023-03-08 11:18 | Report Abuse

Happy to see fundamental trader is here

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-30 16:08 | Report Abuse

Security LastPr PE DY% Divcts ROE ttm-marg
WELLCAL (Industrial Materials) 1.12 16.26 6.3 7 28.71 18.1

CFTrader

810 posts

Posted by CFTrader > 2023-05-30 18:19 | Report Abuse

Huh ... they deliver good result when people least expecting it.
Still holding it with a loss, dividend as compensation of holding cost.

DestinyL

4,599 posts

Posted by DestinyL > 2023-05-30 22:11 | Report Abuse

Good set of results, increased dividend distribution

amateurJR

2,350 posts

Posted by amateurJR > 2023-06-01 09:20 | Report Abuse

Steady pun bibi once again. Still holding with a low cost. Earn both share price and divided at the same time

UnicornP

2,658 posts

Posted by UnicornP > 2023-06-05 14:11 | Report Abuse

Wellcall looks pretty much like BPplas in May '21 provided it can shoot pass 1)1.20 and 2)1.25

Lim Yap

19 posts

Posted by Lim Yap > 2023-06-06 20:57 | Report Abuse

@dragon238
why do you day Wellcall investment in the JV with Trelleborg is a disappointment ? I can't find info in Annual Report. Can elaborate a bit ? thanks

Lim Yap

19 posts

Posted by Lim Yap > 2023-06-06 20:58 | Report Abuse

sorry, its @dragon328

dragon328

1,378 posts

Posted by dragon328 > 2023-06-07 11:22 | Report Abuse

@Lim Yap, I saw a note in CIMB research report dd 9 Dec 2022 on Wellcall, that said that Wellcall recognised an impairment loss of RM2.9 million Q4FY2022 for its JV with Trelleborg. Wellcall was reported to have invested an initial capital of RM4.5 million in this JV which has been bleeding at RM1.0m to 1.5m every year since Jun 2021. I am not sure whehter Wellcall made any further impairment on this JV after Q4FY2022, but at least it has impaired 64% of its investment.

dragon328

1,378 posts

Posted by dragon328 > 2023-06-07 11:24 | Report Abuse

It was a disappointment as initially I thought this JV was promising in making breakthroughs in composite hoses which would enable multi-year growth to Wellcall, but it has so far not made any significant breakthrough.

dragon328

1,378 posts

Posted by dragon328 > 2023-06-07 11:24 | Report Abuse

If you have more info on this JV and its prospects, please share.

Lim Yap

19 posts

Posted by Lim Yap > 2023-06-07 12:10 | Report Abuse

@dragon328 thank you for your reply

Lim Yap

19 posts

Posted by Lim Yap > 2023-06-07 12:12 | Report Abuse

I found this link after posting the question to you, which give some info (see the QnA of 17th AGM)...... hope it helps
https://www.wellcallholdings.com/General_Meeting.aspx

Lim Yap

19 posts

Posted by Lim Yap > 2023-06-07 12:13 | Report Abuse

the JV does not look good.... products can't compete with competitors' pricing

amateurJR

2,350 posts

Posted by amateurJR > 2023-06-07 13:21 | Report Abuse

Go check back past AGM, this JV requires at least 3 yrs product testing stage la. If u expect to see robust profit within short period, this company doesn't suit your investment,

dragon328

1,378 posts

Posted by dragon328 > 2023-06-07 15:41 | Report Abuse

@amateurJR, you seem to be more familiar with this product development. Now it is already 2 years past since the JV started in Jun 2021. When do you expect they will have a breakthrough in new composite products?

UnicornP

2,658 posts

Posted by UnicornP > 2 months ago | Report Abuse

1.18 at last breached...

UnicornP

2,658 posts

Posted by UnicornP > 2 months ago | Report Abuse

Bought @ 1.19 today.

Pinky

3,064 posts

Posted by Pinky > 1 month ago | Report Abuse

Dividend increased from 1.6 sen to 2.2 sen. Nice!

dragon328

1,378 posts

Posted by dragon328 > 1 month ago | Report Abuse

excellent set of quarterly result!!

Net profit jumped up 70% y-on-y and record dividend possible for this year

ooihk899

1,769 posts

Posted by ooihk899 > 1 month ago | Report Abuse

This FY divy will be more than 7 sen. Hopefully next FY divy will be more.
🤑🤑🤑

Pinky

3,064 posts

Posted by Pinky > 1 month ago | Report Abuse

Hohoo dragon328 also here. Let's hope Wellcall will be our YTL 2.0! 😋

dragon328

1,378 posts

Posted by dragon328 > 1 month ago | Report Abuse

hello Pinky, I have been here since 2022. Lets hope Wellcall can catch up to RM1.80

Pinky

3,064 posts

Posted by Pinky > 1 month ago | Report Abuse

Yea dragon328 I can see this becoming one of my cash cows 🤗

katara

52 posts

Posted by katara > 1 month ago | Report Abuse

good rubber hose

Posted by ConfortZone > 4 weeks ago | Report Abuse

the company has no debt?

Pinky

3,064 posts

Posted by Pinky > 4 weeks ago | Report Abuse

Yes! Zero debts! That's why they can be so generous with dividends

Posted by ConfortZone > 4 weeks ago | Report Abuse

walao, and the ROE, all profit margins are high. but why the volume is so low and price is not moving to reflect all these?

Pinky

3,064 posts

Posted by Pinky > 4 weeks ago | Report Abuse

Small cap

Kecik miao company

Posted by ConfortZone > 4 weeks ago | Report Abuse

three factories... internatinal markets... revenue more than 50 m every quarter

Posted by ConfortZone > 4 weeks ago | Report Abuse

just for dividend not for appreciation?

katara

52 posts

Posted by katara > 3 weeks ago | Report Abuse

well n steady company

Sami_Value

416 posts

Posted by Sami_Value > 3 weeks ago | Report Abuse

this is the bench mark of quality for the small capital counter

dragon328

1,378 posts

Posted by dragon328 > 3 weeks ago | Report Abuse

catching up! Good move today

Pinky

3,064 posts

Posted by Pinky > 2 weeks ago | Report Abuse

Suddenly so active hahaha

moven00

622 posts

Posted by moven00 > 2 weeks ago | Report Abuse

Shoot…

amateurJR

2,350 posts

Posted by amateurJR > 1 week ago | Report Abuse

Really steadypunbibi! Change in energy landscape and industry revolution will help this business grow further

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