Bursa Alert
Global Market
NewsStock With Momentum: Willowglen MSC
Page 1 of 1
Stock With Momentum: Willowglen MSC
by Cals Tue 23 Jun 2015, 01:42
Stock With Momentum: Willowglen MSC
Willowglen MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (-ve)
WILLOWGLEN (Fundamental: 2.55/3, Valuation: 0.90/3) is one of InsiderAsia’s Top 10 picks for 2015.
Last Friday, its share price rose to an intraday high of 94 sen, before closing up 3.4% to 92.5 sen on heavy volume.
Willowglen is expected to benefit from the stronger SGD vis-à-vis ringgit, as 70-80% of its sales come from Singapore and denominated in SGD. Currently, its order book stands at RM160 million or 1.5 times sales in 2014.
For 1Q2015, sales surged 18.8% y-o-y to RM31.2 million, boosted by higher contribution from domestic operations. Net profit, however, increased by only 1.3% to RM3.9 million, mainly due to lower margins and higher R&D expenses.
Willowglen provides supervisory control and data acquisition (SCADA) systems and integrated monitoring systems (IMS) solutions, mainly to the utilities industry as well as building services. The cash rich company is looking to acquire a global company in a related field to expand overseas.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on June 22, 2015.
Willowglen MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (-ve)
WILLOWGLEN (Fundamental: 2.55/3, Valuation: 0.90/3) is one of InsiderAsia’s Top 10 picks for 2015.
Last Friday, its share price rose to an intraday high of 94 sen, before closing up 3.4% to 92.5 sen on heavy volume.
Willowglen is expected to benefit from the stronger SGD vis-à-vis ringgit, as 70-80% of its sales come from Singapore and denominated in SGD. Currently, its order book stands at RM160 million or 1.5 times sales in 2014.
For 1Q2015, sales surged 18.8% y-o-y to RM31.2 million, boosted by higher contribution from domestic operations. Net profit, however, increased by only 1.3% to RM3.9 million, mainly due to lower margins and higher R&D expenses.
Willowglen provides supervisory control and data acquisition (SCADA) systems and integrated monitoring systems (IMS) solutions, mainly to the utilities industry as well as building services. The cash rich company is looking to acquire a global company in a related field to expand overseas.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on June 22, 2015.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Stocks With Momentum: Willowglen
» Stocks With Momentum Top Glove, Willowglen, Three-A, iDimension, Pentamaster
» Insider Asia’s Stock Of The Day: Willowglen
» Stocks With Momentum Willowglen, Lien Hoe, Syarikat Takaful, Federal Furniture, Sunsuria, Knusford Kia Lim, Oka, Ken
» Hot Stock Willowglen MSC gains 3.5% on Singapore contract win
» Stocks With Momentum Top Glove, Willowglen, Three-A, iDimension, Pentamaster
» Insider Asia’s Stock Of The Day: Willowglen
» Stocks With Momentum Willowglen, Lien Hoe, Syarikat Takaful, Federal Furniture, Sunsuria, Knusford Kia Lim, Oka, Ken
» Hot Stock Willowglen MSC gains 3.5% on Singapore contract win
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum