Buy it before too late. DONT MISS THE BOAT!

Cannot show u the proof. Cause admin not allow me to link it.

This is not my blog, this is our blog, our geng blog, we're the syndicates int the market, this blog use to distribute the information to everyone before we start "GORENG". Every month this blog can bring us profit about 50K in trading.

This is why the admin block me to link to the blog. This is not a free talk forum, but I still like it. Haha

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Added on June 13, 2009, 10:58 amTHIS IS OUR BLOG! WE FIGHT WITH ANOTHER SYSNDICATE!
WE'RE NOT POINTING GUN AT UR HEAD TO ASK U BUY. TRADE BASED ON UR DECISION!


BURSASTREET
SYNDICATES TEAM


This post has been edited by Peter Lim: Jun 13 2009, 10:58 AM

...

lmaooo .. i dunno what to reply ..

really? i have the special effect of "buy what drop what" power.. If I join in, will it become negative -2.58 xD

be proud, syndicate need our help

haha...u're rite...syndicate always need help!

what is the reasons to buy this share?

My SAAG also need your help.. help SAAG first la.. then I help waseong

dear syndicate members pls help my keladi...

Monday i will buy 4000 units
hope it will rise soon

zzzzZZzzz

i dont get it.. what u guys trying to start here?

we're now collaborating with syndicate

if it really goes up, i can pass down my title as Hands of Death xD

Shoduken...wait you try....Buy and let it drop...hahaha

And lucky you got rid of the Hovid-WA.....Even Level 6 H1N1 cannot bring it up.

Is this d same?

Buy Call

Target Price: 2.58

Wah Seong’s 1QFY09 results were within expectations. Although 1QFY09 revenue was lower by 24.5% q-o-q, the pretax profit was higher by 34.5% on improvement in the pipe coating business. The company’s EBITDA margin of 15.1% also improved q-o-q and YTD due to stringent cost management and stronger margins from the pipe coating business. Going forward, we expect 2H09 to be a more exciting quarter for Wah Seong, which is well supported by a strong orderbook of RM1.4bn. Maintain Buy.

Within expectation. The 1QFY09 results were within consensus and our expectations, making up 22% and 21% of consensus and our FY09 forecasts. Overall, although the 1QFY09 revenue of RM436.6m was lower by 24.5% q-o-q, the pretax profit of RM55.0m was 34.5% higher q-o-q, mainly contributed by an improvement in the pipe coating business, which had made up about 27% of total revenue. With that, EBITDA margin rose 4%-pts to 15.1%, probably contributed by the higher margin product mix of the deepwater coating and concrete coating. On a YTD comparison, 3MFY09 pretax profit was up 65.8% although revenue was 14.4% lower due to stringent cost management and stronger margins from the pipe coating business. The lower revenue YTD was the result of slower business activities from the engineering, E&P products and services as well as the infrastructure and building material businesses.

2HFY09 to be an exciting quarter. To recap, some of the major events which Wah Seong is looking at include potential M&A activities related to either the gas compressor or pipe coating business. Also, the company should be hearing news on some tenders arising from the Gorgon and Papua New Guinea LNG projects, which have a range of about 900km each.

Maintain Buy. Our target price for Wah Seong is RM2.58 based on a PER of 12x FY10 earnings. The company is supported by a strong orderbook of over RM1.4bn. We like the company for its market leadership in the provision of pipe coating and corrosion protection in Malaysia.

52 week H | L Price (RM) 2.36-0.9

Major Shareholders (%)
Wah Seong Trading Co 21.84
EPF 9.00
LTAT 6.49


Wah Seong‟s principal activities are in pipe coating and corrosion protection, engineering and E&P services.

let me know which syndicate... i wanna join too...
ask them to push my TANJONG to 14.10
hahaha!!!

bro, pls proof it on monday...

Red Cafe syndicate. Collect RM 5k from members and pay RM 150 to members every month.


This post has been edited by mynewuser: Jun 14 2009, 10:19 AM

If i buy 1000 units

I use RM1880 to earn another RM700++?

>.>

How long as you predict?