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Hot Stock WZ Satu gains 4% on Kuantan Port subcontract
by Cals Wed 03 Jun 2015, 01:53
Hot Stock
WZ Satu gains 4% on Kuantan Port subcontract
KUALA LUMPUR (June 2): WZ Satu Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) gained as much as seven sen after the builder cliched a RM58.22 million subcontract to build a bridge to Kuantan Port.
WZ Satu (fundamental: 1.7; valuation: 1.1) rose to its highest so far today at RM1.69 before narrowing gains at RM1.65 as at 11.21am.
A total of 178,900 units shares changed hands. Year-to-date, WZ Satu shares retreated 3% compared to the FBM KLCI's loss of 0.65%.
Yesterday, WZ Satu said its wholly-owned unit WZS KenKeong Sdn Bhd won the subcontract from FajarBaru Builder Sdn Bhd. The construction period for the project is 120 weeks.
According to WZ Satu, the work scope included earth and infrastructure work besides street-lighting services.
According to The Edge Research, WZ Satu shares trade at a price-earnings ratio of 19.54 times. Bloomberg data shows that the sector average is at about 17 times.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
WZ Satu gains 4% on Kuantan Port subcontract
KUALA LUMPUR (June 2): WZ Satu Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) gained as much as seven sen after the builder cliched a RM58.22 million subcontract to build a bridge to Kuantan Port.
WZ Satu (fundamental: 1.7; valuation: 1.1) rose to its highest so far today at RM1.69 before narrowing gains at RM1.65 as at 11.21am.
A total of 178,900 units shares changed hands. Year-to-date, WZ Satu shares retreated 3% compared to the FBM KLCI's loss of 0.65%.
Yesterday, WZ Satu said its wholly-owned unit WZS KenKeong Sdn Bhd won the subcontract from FajarBaru Builder Sdn Bhd. The construction period for the project is 120 weeks.
According to WZ Satu, the work scope included earth and infrastructure work besides street-lighting services.
According to The Edge Research, WZ Satu shares trade at a price-earnings ratio of 19.54 times. Bloomberg data shows that the sector average is at about 17 times.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
Cals- Administrator
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