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【WELLCALL 7231 交流专区】纬钜集团

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发表于 25-8-2016 06:07 PM | 显示全部楼层
本帖最后由 icy97 于 25-8-2016 09:46 PM 编辑

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2016
30 Jun 2015
30 Jun 2016
30 Jun 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
35,799
37,938
102,167
119,845
2Profit/(loss) before tax
10,305
11,147
30,644
37,074
3Profit/(loss) for the period
7,750
8,479
23,244
28,377
4Profit/(loss) attributable to ordinary equity holders of the parent
7,750
8,479
23,244
28,377
5Basic earnings/(loss) per share (Subunit)
2.33
2.55
7.00
8.55
6Proposed/Declared dividend per share (Subunit)
2.30
2.30
6.90
6.90


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2940
0.2930

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发表于 28-8-2016 04:44 AM | 显示全部楼层
本帖最后由 icy97 于 28-8-2016 05:11 AM 编辑

Date of change
24 Aug 2016
Name
MR TAN KANG FOON
Age
26
Gender
Male
Nationality
Malaysia
Designation
Non-Independent Director
Directorate
Non Independent and Non Executive
Type of change
Appointment
Qualifications
Bachelor of Commerce, University of Melbourne, Australia
Working experience and occupation
He started his career as auditor in KPMG Services Pte Ltd. He currently a director of real estate development division in Grand Millennium Sdn. Bhd..
Directorships in public companies and listed issuers (if any)
Nil
Family relationship with any director and/or major shareholder of the listed issuer
Tan Kang Foon is the son of Tan Kang Seng, the Non-Independent Non-Executive Director and a substantial shareholder of the Company with and interest/deemed interest of 11.37% of the issued and paid up share capital of the Company.
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发表于 28-8-2016 04:53 AM | 显示全部楼层
EX-date
09 Sep 2016
Entitlement date
14 Sep 2016
Entitlement time
04:00 PM
Entitlement subject
Interim Dividend
Entitlement description
Third Interim Single Tier Dividend of 2.3 sen per share in respect of the financial year ending 30 September 2016.
Period of interest payment
to
Financial Year End
30 Sep 2016
Share transfer book & register of members will be
to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no
SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel : 03-7849 0777Fax : 03-7841 8151
Payment date
28 Sep 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
14 Sep 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

Entitlement indicator
Currency
Currency
Malaysian Ringgit (MYR)
Entitlement in Currency
0.023
Par Value
Malaysian Ringgit (MYR) 0.200

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发表于 2-10-2016 06:02 AM | 显示全部楼层
[tr][/tr]
Date of change
01 Oct 2016
Name
DATUK NG PENG HONG @ NG PENG HAY
Age
64
Gender
Male
Nationality
Malaysia
Type of change
Redesignation
Previous Position
Non Executive Chairman
New Position
Non Executive Chairman
Directorate
Non Independent and Non Executive
Qualifications
Malaysian Certificate of Education.
Working experience and occupation
He was appointed to the Board of Wellcall on 17 April 2006. He served as the State Assemblyman for Tengkera Constituency under Barisan Nasional between 1982 and 1986. He then served as a Senator in the Malaysian Parliament from 1987 to 1993. His first involvement in social activities was upon completing his secondary education. He was appointed as the Investment Co-ordinator of the Malacca State Development Corporation to handle direct investments in the State of Melaka since 1988. Together with his team of officials and his excellent public relations, he has helped in attracting numerous Taiwanese, Singaporean and Chinese investors into the State of Melaka. In recognition of his efforts and dedication, he was conferred the Darjah Mulia Seri Melaka by his Excellency, the Governor of Melaka in 1992. On 17 July 1999, the Taiwanese Government awarded him the Economic Medal. Presently, he is the Chairman of Koperasi Jayadiri Malaysia Berhad and is a Board Member of Malaysian Investment Development Authority (MIDA).


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发表于 2-10-2016 06:03 AM | 显示全部楼层
Date of change
01 Oct 2016
Name
MR HUANG SHA
Age
61
Gender
Male
Nationality
Taiwan, Province of China
Type of change
Redesignation
Previous Position
Managing Director
New Position
Managing Director
Directorate
Executive
Qualifications
Secondary Education, Taiwan
Working experience and occupation
He was appointed to the Board of Wellcall on 17 April 2006 and was appointed Managing Director at the even date. Huang Sha began his career in 1972 upon completing his secondary education and worked for various manufacturers of rubber products in Taiwan and Indonesia and progressed to the position of production manager. From 1989 to the mid-1990s, he joined Jetflo Robin (M) Sdn Bhd, a manufacturer of industrial rubber hose, as a General Manager. Subsequently, he established our subsidiary, Wellcall Hose (M) Sdn Bhd (WHSB), together with 2 other partners. With his in-depth knowledge, skills and expertise in all aspects of the manufacturing of rubber hose for more than 30 years, he has formulated our subsidiarys strategic plans to be in line with the changes in the trends of various industries and customers needs. He has also led WHSB to new heights by diversifying its customers base and expanding its existing product range in the oil and gas sector as well as developing 3 new rubber hose, namely food and beverage hose, chemical hose and steam hose. As recognition for his achievement in the industry, he was awarded the Winner of the Global Top Enterprise Golden Solid Awards by the Chinese Enterprise Development Association of Taiwan on 2 October 2004 and won The Asia Pacific Entrepreneurship Awards 2015 in September 2015. He also heads our R&D division where he plays a pivotal role in the product formulation and development. He is also the Managing Director of our subsidiary, WHSB, where he is currently responsible for the strategic planning.
Family relationship with any director and/or major shareholder of the listed issuer
He is father of Mr. Huang Kai Lin, the Alternate Director to Mr. Leong Hon Chong, the Executive Director of the Company.
Any conflict of interests that he/she has with the listed issuer
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries
Direct : 11,283,545 ordinary sharesIndirect : 487,500 ordinary shares

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发表于 9-11-2016 03:53 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
WELLCALL HOLDINGS BERHAD (THE COMPANY OR WHB)- DISPOSAL OF THE ENTIRE EQUITY INTEREST IN WELLCALL TECHNOLOGY SDN. BHD.
Pursuant to Paragraph 10.05 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MAINLR”), the Board of Directors of Wellcall Holdings Berhad (“WHB” or “the Company”) is pleased to announce that the Company and Mr. Huang Kai Lin, who is the Alternate Director of Leong Hon Chong and the director of Wellcall Technology Sdn. Bhd. (Company No. 1178130-P) (“WTSB”), the wholly-owned subsidiary of the Company, both had on 7 November 2016 entered into a Share Sale Agreement (“SSA”) with Rohazman Bin Yakob (NRIC No. 770717-08-6237) and Haslini Binti Mohamed Salehan (NRIC No. 790317-08-5540) (hereinafter collectively referred to as “the Purchasers”) to dispose the following at a total sale consideration of Ringgit Malaysia One Hundred (RM100.00) only (“Sale Consideration”) :
  • the Company proposed to dispose of ninety-nine (99) ordinary shares of RM1.00 each in WTSB, representing 99% of the issued and paid-up share capital of WTSB at the sale consideration of Ringgit Malaysia Ninety Nine  (RM99.00) only; and
  • Mr. Huang Kai Lin proposed to dispose of one (1) ordinary share of RM1.00 each in WTSB, representing 1% of the issued and paid-up share capital of WTSB at the sale consideration of Ringgit Malaysia One (RM1.00) only

(Hereinafter referred to as “the Disposal”).

Please refer to the attachment for the announcement details.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5253341

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发表于 30-11-2016 04:29 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
WELLCALL HOLDINGS BERHAD (THE COMPANY OR WHB)- DISPOSAL OF THE ENTIRE EQUITY INTEREST IN WELLCALL TECHNOLOGY SDN. BHD.
We refer to the announcement made on  8 November 2016 in relation to the Company and Mr. Huang Kai Lin, who is the Alternate Director of Leong Hon Chong and the Director of Wellcall Technology Sdn. Bhd. (Company No. 1178130-P) (“WTSB”), the wholly-owned subsidiary of the Company, both had on 7 NOVEMBER 2016 entered into a Share Sale Agreement (“SSA”) with Rohazman Bin Yakob (NRIC No. 770717-08-6237) and Haslini Binti Mohamed Salehan (NRIC No. 790317-08-5540) (hereinafter collectively referred to as “the Purchasers”) to dispose the following at a total sale consideration of Ringgit Malaysia One Hundred (RM100.00) only (“Sale Consideration”):
  • the Company proposed to dispose of ninety-nine (99) ordinary shares of RM1.00 each in WTSB, representing 99% of the issued and paid-up share capital of WTSB at the sale consideration of Ringgit Malaysia Ninety Nine  (RM99.00) only; and
  • Mr. Huang Kai Lin proposed to dispose of one (1) ordinary share of RM1.00 each in WTSB, representing 1% of the issued and paid-up share capital of WTSB at the sale consideration of Ringgit Malaysia One (RM1.00) only.

(Hereinafter referred to as “the Disposal”).

The Sale Consideration  has been made by the Purchasers to the Company on 17 November 2016. The Board of Directors of WTSB has approved the transfer and registration of totalling 100 ordinary shares of RM1.00 each in WTSB in the name of the Purchasers on 21 November 2016 . In view of the aforesaid payment and the registration of the transfer of the abovesaid shares, the Disposal is completed on 21 November 2016.

The announcement is dated 22 November 2016.

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发表于 2-12-2016 04:53 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2016
30 Sep 2015
30 Sep 2016
30 Sep 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
32,303
38,267
134,470
158,112
2Profit/(loss) before tax
9,125
11,459
39,770
48,533
3Profit/(loss) for the period
7,838
12,949
31,083
41,325
4Profit/(loss) attributable to ordinary equity holders of the parent
7,838
12,949
31,083
41,325
5Basic earnings/(loss) per share (Subunit)
2.36
3.90
9.36
12.45
6Proposed/Declared dividend per share (Subunit)
2.30
2.30
9.20
9.20


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2940
0.2930


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发表于 2-12-2016 04:56 AM | 显示全部楼层
EX-date
08 Dec 2016
Entitlement date
13 Dec 2016
Entitlement time
04:00 PM
Entitlement subject
Interim Dividend
Entitlement description
Special Interim Single Tier Dividend of 2.3 sen per share in respect of the financial year ending 30 September 2016
Period of interest payment
to
Financial Year End
30 Sep 2016
Share transfer book & register of members will be
to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no
SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378490777Fax:0378418151
Payment date
23 Dec 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
13 Dec 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

Entitlement indicator
Currency
Currency
Malaysian Ringgit (MYR)
Entitlement in Currency
0.023
Par Value
Malaysian Ringgit (MYR) 0.200

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发表于 14-2-2017 11:08 PM | 显示全部楼层
本帖最后由 icy97 于 15-2-2017 01:10 AM 编辑

浅谈WELLCAL
February 14, 2017
http://windscopo.blogspot.my/2017/02/wellcalby.html

WELLCALL 一间派发股息特别大方的公司, 在 2014年 股数拆细以后, 价格就一直在 RM2块上下徘徊, 现在是RM1.96 (7.2.2016的价格)。 至于股息方面, 全年9.2仙的股息, 算起来有接近4.7% 周息率。 那到底能不能值得投资呢? 废话少说, 直接进入主题。 这一次因为才出年报不久, 就没有了季报分析。

~~~公司简介

这间公司是一间
专门生产橡胶喉 (Rubber hose), 在这个领域也超过20年了。 在全球拥有超过 180多个公司顾客支持业务。 目前公司的产品范围包括, air and water, oil and gas, welding, automotive, ship building, abrasion, food and beverages and chemical applications。

公司主要是做外国生意, 业务遍布超过 70个国家, 占了公司的营业额 90.5%, 至于国内市场营业额只有 9.5%. 所以全球经济走向对于公司来说特别重要, 尤其是如果有替代产品, 产品多样化, 或新的市场都会影响到公司的营业额增加或减少。 另外马币贬值的话, 对于公司来说也是好消息。

有一点, 股息派听到会比较喜欢的, 公司在派息方面, 都会维持至少派出 50% 那年的公司盈利, 来回馈给予股东。 今年就创下98%, 几乎派完所赚的盈利。

~~~公司管理层
公司领导人兼创办人之一, Mr. Huang Sha , 61岁, 台湾籍的马来西亚公民。 拥有在这个领域超过30多年经验,目前职位是Group Managing Director。 他的儿子 (Mr. Huang Kai Lin, 32岁)也进入了管理层,目前是 Alternate Director to Mr. Leong Hon Chong,  目前另外一个公司创办人, Mr. Leong Hon Chong, 71岁, 目前职位是 Executive Director , 拥有的股数是三位创办人最少的一个, 从年报看起来, 他在公司的影响力不如另外两个, 负责公司内政和市场营销这一块。特别一点, 公司大股东, Mr. Tan Kang Seng, 接间持有 11%以上的股份, 虽然目前职位是Non-Independent Non-Executive Director , 挂个名, 但是也让自己的儿子进入管理层了, Mr. Tan Kang Foon (26岁), 职位跟父亲一样, Non-Independent Non-Executive Director 。

~~~年报分析 (AR 2016)

1)营业额, 税前盈利, EPS

营业额的话, FY2016 年有 RM134.47million, 对比去年下降大约14.9%。 年报图表显示过去六年来, 有高有底, 但是今年营业额还是打断了过去三年上升的记录。公司表示主要是全球对于橡胶喉需求缓慢。 无论是出口或国内的市场营业额都是下滑的。

至于税前盈利也是一样, 今年也打断了过去五年上升的记录, 今年税前盈利有 RM39.765million, 大约下降了18.07%, 对比去年。


EPS 方面, FY 2016 全年 9.43仙, 对比去年, 下降了 3.02仙。 打断了过去五年 EPS 成长的记录。


2)股息和 资产回报率 (Return On Assets)

股息, 今年股息有 9.20仙, 跟去年打平手, 但是也是打断过去五年股息不断增加的记录。 不过今年算不错了, 因为业绩不是很好, 公司还是同样派发了跟去年一样的股息。

资产回报率 (Return On Assets- ROA), FY 2016 有  22.91%, 对比去年 33.58%, 下降了 10.67%. 值得提的是, 公司过去五年 ROA, 都是维持在 20% 以上。

3) 现金和债务方面
现金的话, 今年是 RM36.829million, 增加了 0.9%, 对比去年。 至于负债的话, 也是上了3.7%, 今年有RM18.258million, 公司表示负债主要是用在新的工厂上。

4)财报小地方
管理层特别提到, 今年支出比去年减少了 RM18.946million, 主要因为生产力提升和控制支出, 虽然不利因数还在, 比如原料价格不稳定和国际货币汇率不稳定。 这里的减少支出, 个人认为,公司确实做得不错。

5)管理层对于 FY2017 的看法

管理表示目前新兴和发展国家对于橡胶喉需求逐渐恢复当中。 接下来, 公司为了要确保跟上时代, 会加强研究这方面和工厂机械化。 但是对于短期来说, 原料价格上升和汇率波动的问题还是公司头疼的因数。 所以新的一年, 管理层表示是一个挑战年, 但是还是希望业绩达到一个好的成绩。
6)Trade and other receivables & trade and other payables

Receivable 方面, 今年下降了 大约44%, 目前还有 RM 7.33million 左右。 至于 Payable 方面,也是下降了 大约 34.6% 左右, 目前有 RM 13.259million. 个人在这里是有一个疑问, 为何不还贷款, 反而把大部分的钱还给供应商呢?

7) Inventories
FY2016 ,有 RM16.797million, 下降了大约 16%。 原料部分,这里下降了比较多, 个人认为原料价格可能偏高, 导致公司没有进这么多货。

~~~个人分析

看起来啊, 公司是不错, 周息率也有 4.7%。 但是我自己跑去分析了一个数据, 发现到它的每个季度营业额是 RM30million - RM40million之间,五年下来, 只有两个季度是突破 RM40million。 简单的来说, 个人认为公司成长暂时看不到前景, 但是, 这间公司如果拿来收股息的话, 是不错。 所以在财报里, 30大股东, 你会看到不少基金, 银行有持股哦。

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发表于 23-2-2017 06:13 PM | 显示全部楼层
本帖最后由 icy97 于 24-2-2017 02:09 AM 编辑

7231                                                            

              Quarterly rpt on consolidated results for the financial period ended 31/12/2016            
              
Quarter:1st Quarter
Financial Year End:30/09/2017
Report Status:Unaudited
Submitted By:


Current Year QuarterPreceding Year Corresponding QuarterCurrent Year to DatePreceding Year Corresponding Period

31/12/201631/12/201531/12/201631/12/2015

RM '000RM '000RM '000RM '000
1Revenue37,85233,80537,85233,805
2Profit/Loss Before Tax12,49611,33012,49611,330
3Profit/Loss After Tax and Minority Interest9,5408,5959,5408,595
4Net Profit/Loss For The Period9,5408,5959,5408,595
5Basic Earnings/Loss Per Shares (sen)2.872.592.872.59
6Dividend Per Share (sen)2.302.302.302.30



As At End of Current QuarterAs At Preceding Financial Year End
7Net Assets Per Share (RM)

0.30100.2950


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发表于 27-2-2017 04:39 AM | 显示全部楼层
EX-date
16 Mar 2017
Entitlement date
20 Mar 2017
Entitlement time
04:00 PM
Entitlement subject
First Interim Dividend
Entitlement description
First Interim Single Tier Dividend of 2.3 sen per share in respect of the financial year ending 30 September 2017
Period of interest payment
to
Financial Year End
30 Sep 2017
Share transfer book & register of members will be
to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no
SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378490777Fax:0378418151
Payment date
29 Mar 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
20 Mar 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

Entitlement indicator
Currency
Currency
Malaysian Ringgit (MYR)
Entitlement in Currency
0.023
Par Value
Malaysian Ringgit (MYR) 0.000

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发表于 3-4-2017 12:42 AM | 显示全部楼层
本帖最后由 icy97 于 3-4-2017 01:35 AM 编辑

【个股分析】WELLCALL 纬钜集团 (7231)
2 April 2017
http://icemilkinvestment.blogspot.my/2017/04/wellcall-7231.html

公司名字  (Name of company)
WELLCAL
股票代号  (Stock Code)
7231
市值  (Market Capitalization)
RM716,396,400
股票的总票数 (Number  of shares outstanding)
331,665,000
面值  (Par Value)
0.20
股票价格(Current  Market Price) **31.03.2017**
RM2.20

公司介绍:
纬钜集团WELLCAL是一间生产工业橡胶管(IndustrialRubber Hose)的主板上市公司。公司橡胶管产品都广泛的使用在一些领域,比如:风和水的领域,油气领域,汽车领域,焊接服务,船只制造领域,饮食业,化学设备和其他领域等等。 公司一直都在发展其本身的业务发展,只要其领域需要橡胶管的产品,都可能成为纬钜集团的潜在顾客。纬钜集团主打出口市场,出口市场占了集团91%的营业额, 剩下的9%则是专注在本地市场。公司的产品也已经分布70个国家与180多个世界各地的顾客群。以下是根据2016年的年报指出公司的产品主要是出口国。

公司的灵魂人物,集团的非独立董事经理黄沙先生是一名在橡胶管领域拥有超过30年经验的工业橡胶管达人。黄先生当初独自一人从台湾前来大马工作,之后与2名合伙人开办了WellcalHose (M) Sdn bhd(WHSB)公司.黄沙先生擅长开发一些新产品以开启一些新领域的市场,他本是就研发了3种新的橡胶管用于在食品业foodand beveraging hose, 化学业chemical hose和蒸汽业steamhose。目前,黄沙先生也开始把纬钜集团交于他的儿子,黄凯麟接手管理公司。

财务分析:


从上面的图表里可以简单了解纬钜集团的财务表现。纬钜集团的净盈利除了2016年是下跌之外,前4年的净盈利表现可说是年年成长。纬钜集团近几年都保持非常高的净盈利赚幅,介于15.13%至26%。纬钜集团一直保持年年派息的习惯,而且派息非常大方,几乎将净盈利都派发给股东,周息率DividendYield大约4.07%。

最后看一下纬钜集团的股东回报率Return OnShareholder’ Equity(ROE),这5年里,公司的股东回报率一直维持在25%之上,这是非常不错的表现。整体而言,在马来西亚众多上市公司里要找出如此高profitmargin & ROE的公司不超过30家,而能够每年保持这种成绩的更是手指数的清。纬钜集团是一家可以考虑的养息股,大方的派股息以及良好的生意模式也受到很多机构基金和投资者的青睐。

其他基本面重要看点:

1.       现金生意模式,让公司拥有一个保护框架。纬钜集团的特色就是拥有一个与众不同的生意模式。公司向来都是和顾客收取100%的订金之后才开始生产橡胶导管。这一来有几个好处,可以帮助公司,第一,公司在买原料时候,会拿到优惠Discount,因为不用和原料供应商欠账关系,在买货时候可以压价拿到便宜一点的原料,这样对公司与顾客群都是双赢利好。第二,公司没有面对一些烂账风险,因为如果经济不好时候,可能面对顾客一些的延迟付款,这样会影响公司的财务情况。这种经营模式或许就是公司每年都有一笔丰厚的自由现金流(FCF),这笔现金流可作为业务发展或者派息用途。

2.       灵活性的制造方式与依据顾客的需求生产橡胶导管。纬钜集团的王牌就是公司可以依据顾客的任何要求去生产顾客心目中理想的产品。只要公司有能力符合顾客的要求,公司就会接单。如果不能,公司会与顾客一起商量,找出最好方法。少量多元化成为公司的强点之一,这样公司就有一个优势所在。以现在的竞争环境而言,顾客需求成为各行各业的重点看顾,纬钜集团正好就是在这方面很早就建立优势,这样也可以说明公司产品在市场拥有竞争优势又享有高的净盈利赚幅%。

3.       世界经济开始复苏和油价的回稳是公司2017年的动力引擎。公司的灵魂人物黄沙先生表示:世界经济的放缓将会影响公司的财务报表现,而大马则是没有什么影响。公司的几个主要出口国家, 美国,亚洲各国,中东国家和欧洲的经济在去年下半年到今年为止都公布了不少利好的经济数据,再加上国际油价的回稳,可望oiland gas industrial hose拿回一些订单。也难怪公司的灵魂人物,黄沙先生在接受TheEdge Financial Daily的访问时提到公司有信心在2017年的营业额提高20%,而让公司在2017年财务的展望处于正面。

4.       新的第三产房将会逐步发展成为机械自动化模式以及为盈利做出贡献,而且之后公司也会慢慢把第一和第二间产房发展成为自动化,到时最低薪金制度和劳工问题将不会影响公司的财务表现。公司主要的原料是橡胶和主要的货币是美元。国际的橡胶价格和美元强弱将会主导公司的盈利表现。

技术分析:


Wellcall经过长达1年的调整后,近期开始出现反弹和新一轮的上升趋势,在大约1.79的位置双底反弹,股价成功站上均线之上,各个均线也开始转上形成多头形态。由于股价已经直线上涨好多天,不排除会在近期出现小调整。短期支撑在2.00-2.05,短期阻力在2.40-2.50。如果接下来的业绩比往季增长的话,图形可能会随着这股趋势形成圆底一路上升挑战历史新高。

风险:

1)原材料价格


橡胶价格自去年尾不断飙升直到最近才开始回落,即使回落还是处于相对高点,这将直接影响了纬钜集团的营运成本。

2)估值过高

经常使用PE、NTA、Price/Book Value来分析个股的投资者可能会不敢直视这家公司,如果你一直都用screener来找PE低过15的公司,这家公司将永远不会出现在你的名单里。无可否认如果用价值分析法的话,纬钜集团在多数的指标都显示高估了。我们也用过DCF来计算,即使这家现金流充沛的公司在DCF的估值下目前股价已经反映出未来3年的价值。不过这背后支撑着纬钜集团股价不断上涨的原因可能就是长期保持高赚幅和成长率,是非常稳定而且非常稀有的公司,因此投资者愿意给予它更高的估值。

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参与人数 1人气 +5 收起 理由
Tony-Pua + 5 谢谢分享

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发表于 21-5-2017 01:42 PM | 显示全部楼层
哭哭鸟 发表于 20-10-2015 12:38 AM
@APULA
希望这是另一个magni

我想买进。。。希望能够像美特( Magni) 平步青云。。。
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发表于 22-5-2017 03:58 PM | 显示全部楼层
本帖最后由 icy97 于 5-6-2017 04:07 AM 编辑

纬钜集团次季净利增25% 派息2.3仙
Adam Aziz/theedgemarkets.com
May 22, 2017 16:37 pm MYT
http://www.theedgemarkets.com/article/纬钜集团次季净利增25-派息23仙

(吉隆坡22日讯)纬钜集团(Wellcall Holdings Bhd)2017财政年次季(截至2017年3月31日止)的净利按年增长25.41%至865万令吉,或每股2.61仙,相较于上财年同季净赚690万令吉,或每股2.08仙。

该集团表示,净利表现走好归因于营业额增加,以及营运成本减少。

与此同时,纬钜集团献议,派发每股2.3仙的第二次中期股息,派息日定在6月22日,股权除权日(ex-date)和享有权益日期(entitlement date)各别落在6月8日和6月13日。

该集团在今日的一则文告中指出,受工业橡胶软管需求复苏所带动,其次季营业额也从上财年同季的3256万令吉,年增18.71%至3865万令吉。

展望未来,纬钜集团预计,新兴经济体和发达经济体的工业橡胶软管需求料逐步回升。同时,该集团第3号厂房的额外产能也能生产范围更广的工业软管。

“由于原料供需机制和外汇波动,该集团预测,原料价格短期内将持续波动。”

纬钜集团也补充,将专注于运用更广泛的客户网络、提高生产力、优质服务和产品范围,以保持竞争力。

(编译:倪嫣鴽)

7231    WELLCAL    WELLCALL HOLDINGS BHD

Quarterly rpt on consolidated results for the financial period ended 31/03/2017
Quarter:2nd Quarter
Financial Year End:30/09/2017
Report Status:Unaudited
Submitted By:


Current Year QuarterPreceding Year Corresponding QuarterCurrent Year to DatePreceding Year Corresponding Period

31/03/201731/03/201631/03/201731/03/2016

RM '000RM '000RM '000RM '000
1Revenue38,65432,56376,50666,368
2Profit/Loss Before Tax11,8089,00924,30420,339
3Profit/(loss) attributable to ordinary equity holders of the parent8,6526,89918,19215,494
4Net Profit/Loss For The Period8,6526,89918,19215,494
5Basic Earnings/Loss Per Shares (sen)2.612.085.484.67
6Dividend Per Share (sen)2.302.304.604.60



As At End of Current QuarterAs At Preceding Financial Year End
7Net Assets Per Share (RM)

0.30400.2950

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发表于 22-5-2017 04:04 PM | 显示全部楼层
本帖最后由 icy97 于 23-5-2017 12:53 AM 编辑

EX-date
08 Jun 2017
Entitlement date
13 Jun 2017
Entitlement time
04:00 PM
Entitlement subject
Second interim dividend
Entitlement description
Second Interim Single Tier Dividend of 2.3 sen per share in respect of the financial year ending 30 September 2017.
Period of interest payment
to
Financial Year End
30 Sep 2017
Share transfer book & register of members will be
to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no
SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378490777Fax:0378418151
Payment date
22 Jun 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
13 Jun 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

Entitlement indicator
Currency
Currency
Malaysian Ringgit (MYR)
Entitlement in Currency
0.023
Par Value (if applicable)
0.000
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发表于 22-5-2017 07:17 PM | 显示全部楼层
本帖最后由 icy97 于 23-5-2017 12:53 AM 编辑

买了 rm2.18.......希望短期里会公佈送紅股。。。。
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发表于 2-6-2017 09:02 PM | 显示全部楼层
本帖最后由 icy97 于 2-6-2017 09:53 PM 编辑

六月专题:高股息系列#2-WELLCAL(7231) 橡胶喉公司,股息稳稳拿
017年6月2日星期五
http://wesharenwetrade.blogspot.my/2017/06/2-wellcal7231.html

业务简介
WELLCAL是一家专门生产橡胶喉的公司,所以你可以看到该公司的logo带有一条长长的橡胶喉。近90%的营业额来自出口至国外客户,涉及的国家相当广泛,所以没有特别依赖单一区域的经济。产品可涉及的领域也相当广泛,包括airand water, oil and gas, welding, automotive, ship building, abrasion, food andbeverages and chemical applications。

行业分类:橡胶工业

管理层/大股东
Tan Kang Seng Non-Independent Non-Executive Director –11.37%
Huang Sha - Group Managing Director - 3.55%

五年财政表现(RM'000)

**DPS and EPS data is extracted from annual report, which was adjusted to reflect share split activity in 2014.


买高股息公司一定要知道的数据
Dividend yield:9.6sen/RM2.23 = 4.3%
Dividend policy: 50%
Dividend payout %:请看图
一年派息次数:4次
派息风格:自2014年派发红股后,每个季度皆派息2.3仙。由于净利没有成长,股息派发率在2016年已上升到98%的水平。

公司特点
1.传统华人公司?
正所谓肥水不流外人田,家族企业应该让自己下一代传承。这思想在传统华人公司更是深根柢固。两位大股东Huang Sha 和TanKang Seng先后让自己年纪轻轻的儿子在25,26岁时就加入董事局。好是早早就训练接班人啦,坏则是他们真的能否接下此重任?

2.受基金经理喜爱
以最新的年报显示,30大股东中有7家基金,总持股超过10%。稳定的派息可能是受基金经理喜爱的因素之一。值得一提的是主要两大股东家族加起来的持股量只有区区15%,相比之下这些基金都成了大股东。

3.进步的毛利率(gross margin)
虽然过去5年WELLCAL的营业额不是很稳定,可是毛利率却从2012年的25%增加至38%。公司没有明细毛利率成长的原因。笔者认为有两个因素贡献此成就。第一,公司技术的提升得以推出更为广泛的新产品。而这些新产品可能比旧有的产品有更高的毛利率。另外,2016年财报亦有提到公司有能力依客户的需求量身订做指定的橡胶喉,相信这样的服务可以有更高的赚幅。

4. 营业成本(operating cost)比例低
笔者发现这行业的营业成本比例较低。你可以看到gross margin % 减去profit before tax % 才达5%至8%左右。这意味着costof sales占整个成本架构(cost structure)很高的比率。所以,当营业额提高一点点,公司净利就提高更多。反之,营业额下跌一点点,公司净利就下跌更多。简单的说,营业额的变化对公司的净利敏感度相当高。

所以近来公司毛利率的成长帮了很大的忙,也轻易地提高净利率。2017年上半年的毛利率也保持在38%左右,证明公司的毛利率真的稳定成长,并非昙花一现。这点值得嘉许。

5. 橡胶喉的需求及寿命
翻阅过往的年报,公司提到业务表现易受全球经济和橡胶喉需求及汇率对公司的重大的影响。虽然说WELLCAL拥有稳定的客户群,可是客户多长时间才需要更换橡胶喉?笔者对橡胶喉业务不是很了解(有那位专家可留言指点),笔者上网查了一下资料,橡胶喉平均寿命6年至8年,所以客户应该不会太长需要更换橡胶喉吧?所以WELLCAL也需要积极地扩大客户群及新市场。

适合收股息的指数(满分为5):3.5分
笔者其实还蛮惊讶WELLCAL在2016年无法超越2015年的业绩的,因为WELLCAL有技术的提升(提供更多产品类型)和产量的提升(公司第三间工厂在2015/2016年投入运作)。相信2016年的橡胶喉需求不振的确对公司影响重大。

笔者不了解橡胶喉未来的需求如何,而且这也不是公司所能控制的。不过WELLCAL已经有充分(技术+产量)的准备应付高涨的需求。即使如果未来需求走低,股东们还是能收取稳定的股息(除非净利下跌太多),所以笔者认为WELLCAL还是一家不错的收息股。

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发表于 18-7-2017 01:14 AM | 显示全部楼层
本帖最后由 icy97 于 18-7-2017 03:42 AM 编辑

纬钜建议2拆3股

2017年7月18日
(吉隆坡17日讯)纬钜集团(WELLCAL,7231,主板工业产品股)建议,将每两股股票分拆为三股。

纬钜集团今日向交易所报备,截至上周五(14日),公司的股本为3亿3196万5037股,完成股票拆细后,股本将扩大至4亿9794万7555股。

至于市价,则会从每股2.15令吉,调整至1.4333令吉。

该公司指出,拆细股票是为了提升流通量。同时改善投资者的负担能力,好让更广泛的投资者可以参与公司的增长。

如无意外,董事部预计,这可在第三季完成。【e南洋】

Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
WELLCALL HOLDINGS BERHAD ("WHB" OR THE "COMPANY")(I)        PROPOSED SHARE SPLIT; AND(II)        PROPOSED AMENDMENTS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of WHB, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:
(i)  proposed share split involving the subdivision of every 2 ordinary shares in WHB (“WHB Shares”) into 3 ordinary shares in WHB (“Subdivided Shares”) held at an entitlement date to be determined later (“Proposed Share Split”); and

(ii) proposed amendments to the Memorandum and Articles of Association of the Company (“Proposed Amendments”).
Please refer to the attachment for further details of the Proposals.

This announcement is dated 17 July 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5488285

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发表于 29-8-2017 02:07 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2017
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2017
30 Jun 2016
30 Jun 2017
30 Jun 2016
$$'000
$$'000
$$'000
$$'000
1Revenue
39,012
35,799
115,518
102,167
2Profit/(loss) before tax
10,770
10,305
35,075
30,644
3Profit/(loss) for the period
8,093
7,750
26,285
23,244
4Profit/(loss) attributable to ordinary equity holders of the parent
8,093
7,750
26,285
23,244
5Basic earnings/(loss) per share (Subunit)
2.44
2.33
7.92
7.00
6Proposed/Declared dividend per share (Subunit)
1.55
2.30
6.15
6.90


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3050
0.2950

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