WIDAD & WIDAD-WA
1. WIDAD is a healthy construction company with concessions and upcoming RM9.1B TNB Kapar Project.
2. The company recently announced RM99M private placement which makes 10% of entire share issued.
3. Seems to have a new significant player coming in to WIDAD very soon with this Private Placement.
4. Price has been hovering around 0.430 level with strong buying support for many days.
5. Something is definitely brewing. Keep WIDAD & WIDAD-WA in your watchlist and monitor closely for any price action movement expecting to be soon.
WIDAD
RECENT HIGH : 0.49 registered on 21-Oct-2022
WIDAD-WA
Closed Friday at 0.09.
Recent high 0.170 achieved on 21-Oct-2022
Exercise Price : 0.35
Exercise Ratio : 1:1
Maturity : 5 Aug 2023
Support & Resistance
ATR Trailing Stop: 0.395
Support | Last Price | Resistance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Price | 0.395 | 0.4 | 0.42 | 0.425 | 0.43 | 0.43 | 0.43 | 0.435 | 0.445 | 0.45 | 0.455 |
Volume (M) | 748.6 | 645.8 | 643.4 | 589.3 | 567.6 | 567.6 | 531.1 | 557.7 | 261.2 | 243.9 | |
Gann Support: 0.4/0.37 | Resistance: 0.46/0.49
Widad Group Berhad is a Malaysia-based investment holding company. The Company’s segments include Integrated facility management and Constructions. The Integrated facility management segment is engaged in the scheduled maintenance, ad-hoc maintenance, and upgrading and renovation. The Constructions segment is engaged in the infrastructure and civil works, such as construction of low and high-rise buildings for a variety of uses, sewerage treatments plants and among others. It provides a range of property management services, including interior and exterior building cleaning, hard and soft landscaping, security and monitoring, pest and hygiene control, garbage disposal service and swimming pool maintenance. Its subsidiaries include Widad Builders Sdn Bhd, Widad Green Sdn. Bhd and Widad Rail Sdn. Bhd. Its subsidiary Widad Builders Sdn Bhd is engaged in the general trading, construction and providing full facility management and mechanical and electrical maintenance, care and improvement.
https://widadgroup.com/
REGARDS
BURSAMASTER
DISCLAIMER: This post serves as an educational analysis and is never meant/ intended to be a buy/sell call or recomendation, whatsoever.
Investors
/ punters must always do their own due deligence before making any
investment decisions. The author of this post is not liable in any way
for any decisions made by any individual.
https://klse.i3investor.com/web/blog/detail/Bursa_Master/2022-12-25-story-h-302793554-WHY_I_BELIEVE_THIS_COMPANY_IS_A_POTENTIAL_GROWTH_COMPANY
