Wce Holdings Berhad

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Quarterly rpt on consolidated results for the financial period ended 31/03/2024 (Amended Announcement)

PROVISION OF FINANCIAL ASSISTANCE

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

Additional Listing Announcement /Subdivision of Shares

OTHERSWCE HOLDINGS BERHAD ("the Company")

Commencement of operations for Section 11 of the West Coast Expressway.

Quarterly rpt on consolidated results for the financial period ended 31/12/2023

PROVISION OF FINANCIAL ASSISTANCE

Change of Company Secretary - KUAN HUI FANG

Change of Company Secretary - WONG WAI FOONG

$WCEHB / 3565 (WCE HOLDINGS BERHAD)

Additional Listing Announcement /Subdivision of Shares

@portoftheyear

$HARTA / 5168 (HARTALEGA HOLDINGS BERHAD)(5168) = 20%
$AEONCR / 5139 (AEON CREDIT SERVICE (M) BERHAD) (5139) = 20%
$DUFU / 7233 (DUFU TECHNOLOGY CORP. BERHAD) (7233) = 20%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) (3565) = 20%
$LIIHEN / 7089 (LII HEN INDUSTRIES BHD.) (7089) = 20%

@portoftheyear
$MYEG / 0138 (MY E.G. SERVICES BERHAD) - 50%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) - 25%
$D&O / 7204 (D&O GREEN TECHNOLOGIES BERHAD) - 25%

@portoftheyear

$SCIB / 9237 (SARAWAK CONSOLIDATED INDUSTRIES BERHAD) 20%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) 20%
$SMRT / 0117 (SMRT HOLDINGS BERHAD) 20%
$KTB / 4847 (KONSORTIUM TRANSNASIONAL BERHAD) EPICON 20%
$PPJACK / 0242 (PAPPAJACK BERHAD) 20%

Some comments on my picks:

$DCHCARE / 0283 (DC HEALTHCARE HOLDINGS BERHAD) recent result and acquisition appears negative but I think at current price and considering the tailwind of the industry, I find it attractive and expect to see some fruition a year later.

$WCEHB / 3565 (WCE HOLDINGS BERHAD) An interesting stock ever since I read on Choivo Capital about it. Betting on improved sentiment as I see the automotive TIV broke new high this year and ADT to trend positively. DCF is really the only viable way to value it and can be very subjective.

$TGUAN / 7034 (THONG GUAN INDUSTRIES BERHAD) A well managed company with 10% CAGR over the past decade in the plastic packaging industry. 2023 has not been good for them but I hope to catch the bottom next year. Hope is a dangerous word in investing, showing that I am not that confident with this pick as the industry dynamic is still new to me.

$CORAZA / 0240 (CORAZA INTEGRATED TECHNOLOGY BERHAD) My tech pick if and when the sector trends up again. Expectations are low now and outcome is bias upward in my view.

$MSM / 5202 (MSM MALAYSIA HOLDINGS BERHAD) I consider this and WCE to be my most controvesial picks for next year. I really dont like the management but the latest announcememnt of govt subsidies and promise of relaxation of sugar price control bode well. Absence of further Johor plant repairs and maintenance, I think profitablity will finally comes into view. Sentiment has turned positive over the last month but I think there is more to go.

@portoftheyear

PORTFOLIO OF THE YEAR 2024

$DCHCARE / 0283 (DC HEALTHCARE HOLDINGS BERHAD) 20%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) 30%
$TGUAN / 7034 (THONG GUAN INDUSTRIES BERHAD) 20%
$CORAZA / 0240 (CORAZA INTEGRATED TECHNOLOGY BERHAD) 10%
$MSM / 5202 (MSM MALAYSIA HOLDINGS BERHAD) 20%

@portoftheyear 2024
$IJM / 3336 (IJM CORPORATION BERHAD) 20%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) 20%
$MFCB / 3069 (MEGA FIRST CORPORATION BERHAD) 20%
$CMSB / 2852 (CAHYA MATA SARAWAK BERHAD) 20%
$IWCITY / 1589 (ISKANDAR WATERFRONT CITY BERHAD) 20%

@portoftheyear 2024
$YTL / 4677 (YTL CORPORATION BERHAD) 20%
$WCEHB / 3565 (WCE HOLDINGS BERHAD) 25%
$JTIASA / 4383 (JAYA TIASA HOLDINGS BHD) 15%
$YINSON / 7293 (YINSON HOLDINGS BERHAD) 25%
$KGB / 0151 (KELINGTON GROUP BERHAD) 15%

General Notes For Tuesday [5/12/2023]:

$KLSE-KLCI closed red around the 1451 points region today with an overall negative market sentiment as more than 590 counters closed red along with it for the day. Daily trading volume also remained around the 3.1 billion range, which isn't that great.

Main stocks that showed strong buying momentum would be the likes of SCIB, PANDA, WCEHB, IMPIANA, MERSEC, and BAHVEST. All of which were able to sustain their rallies throughout the day on the top volumes list despite the negative market sentiment.

$WCEHB / 3565 (WCE HOLDINGS BERHAD) since breaking out from its RM 0.775 immediate downtrend resistance, had been breaking out all the way towards the RM 0.845 levels today with huge volume on the daily chart.

This came after a 2 month long consolidation around the RM 0.74+ levels as the main support region with relatively lower volume. Seems to have formed its higher low regions already and could be breaking out beyond the RM 0.85+ levels very soon here.

Will be monitoring WCEHB closely here as it seems to be in a long term uptrend.

MERSEC on the other hand since breaking out from the RM 0.30 major resistance, had been trending upwards quite strongly over the past 2 months, breaking a new all time high at RM 0.39 today with good volume.

For now, it's very overbought here but still not showing any sign of weakness yet. That said, chasing in at this price would carry a big deal of risk as it could pullback anytime towards the RM 0.36 - RM 0.375 levels first.

Will be monitoring MERSEC here, uptrend is looking very healthy.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSWCE HOLDINGS BERHAD ("WCEHB" OR "COMPANY")

DISPOSAL OF THE ENTIRE 40% EQUITY INTEREST IN RADIANT PILLAR SDN BHD ("RPSB") HELD BY WCEHB AND ITS SUBSIDIARIES TO IJM PROPERTIES SDN BHD ("IJMP" OR "PURCHASER") ("DISPOSAL")

Quarterly rpt on consolidated results for the financial period ended 30/09/2023

PROVISION OF FINANCIAL ASSISTANCE

OTHERSWCE HOLDINGS BERHAD ("the Company")

Commencement of operations for Section 6 of the West Coast Expressway.

$IJM / 3336 (IJM CORPORATION BERHAD)
$WCEHB / 3565 (WCE HOLDINGS BERHAD)

Review on trading Ideas by Maybank Investment Bank: $WCEHB / 3565 (WCE HOLDINGS BERHAD) & $ $AME / 5293 (AME ELITE CONSORTIUM BERHAD)

1. WCE holdings

WCE stocks have been on a steady rise since November 2022, with an impressive increase of 242.97% up to the present. The subsequent correction, however, proved to be relatively mild, as the downside was contained within the "Ichimoku Cloud." This suggests that the long-term uptrend remains intact and provides a reassuring sign for investors.

Furthermore, yesterday's breakout above the "Kijun" line is a strong indicator of a continuation of the previous uptrend. This reaffirms the recommendation to BUY with an even higher target in mind.

For those considering a position in this stock, the suggested buying range is between 0.775 and 0.785. To manage risk, a stop loss should be placed below 0.725, with the reference point being the lowest price observed on October 23rd. Additionally, an estimated resistance level between 0.880 and 0.995 has been identified based on trendline resistance.

By adhering to this trading strategy, investors have the potential to achieve a risk-return ratio of 2.1x, which is quite favorable, particularly for short-term trading.

2. AME Elite Consortium

The correction in this stock recently came to an end when the EMA-200 line was decisively broken, followed by a successful rebound on October 20th. This breakout marked a significant shift in the overall sentiment, turning it back to bullish. The MACD and RSI indicators also support this bullish outlook, indicating the presence of momentum. As a result, analysts are anticipating that the stock will continue to trade higher.

The recommended buying range for this stock is between RM1.48 and RM1.50, with a stop loss set at RM1.40. The stop loss is based on the support line formed by the lowest price on October 23rd. Additionally, there is an estimated resistance level, possibly suggested by historical resistance levels in June and July 2023. This trade setup offers a favorable risk-return ratio of 2.67x, which is notably better than the risk-return ratio of WCE Holdings.

General Notes For Friday [22/9/2023]

$KLSE-KLCI closed back towards the 1448 points region today, ending on a negative note and along with it, were almost 550 counters closing red today. Overall market sentiment was definitely a negative one.

Daily trading volume stood around the 3.24 billion range, which is just average. Main stocks that showed strong buying momentum would be the likes of E&O, WCEHB, CYPARK, ATAIMS, and BINACOM. All of which were able to sustain their rallies throughout the day on the top volumes list.

$CYPARK / 5184 (CYPARK RESOURCES BERHAD) was definitely one of the star performers for the week. Since breaking out from its RM 0.80 immediate resistance levels, had been rallying up very strong with huge volume, and even broke out back towards the RM 1.05 levels today.

Looking quite overbought now and approaching the RM 1.05+ main resistance levels on the daily chart now. If unable to breakout strong, could retrace back towards the RM 0.975+ support regions to form a higher low first before rallying further up.

Will be monitoring CYPARK closely here as it could be on a new parabolic rally.

$WCEHB / 3565 (WCE HOLDINGS BERHAD) on the other hand although had been retracing over the past 1-2 months all the way back towards the RM 0.625+ levels, was able to gain good buying momentum over the past 2 weeks, rebounding strong even even broke out from the RM 0.75+ major resistance levels.

Today, it rallied towards the RM 0.80 levels with good volume despite being slightly overbought on the daily chart. Definitely looking pretty ripe for a potential bullish continuation pattern here after consolidating over the past 2-3 months without much action.

Could be on a very strong uptrend here and will be monitoring WCEHB closely.

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

IPOH: WCE Holdings Bhd is targeting the four sections of the West Coast Expressway (WCE) which are currently in the construction phase to be completed by the end of the current financial year which ends on March 31 next year.

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