Latest news with #WCTHoldingsBerhad
Zawya
2 days ago
- Business
- Zawya
Oman: MoU signed to prepare a masterplan for projects around Muscat Airport
Muscat - Oman Airports signed a memorandum of understanding with Malaysian company WCT Holdings Berhad to explore development and investment opportunities within the Muscat International Airport. The memorandum aims to establish initial strategic cooperation between the two parties to exchange ideas and expertise, and facilitate the development of vital projects that contribute to enriching the entertainment and commercial experience for visitors and travelers. The memorandum was signed by Eng. Ahmed bin Saeed al Amri, CEO of Oman Airports, and Dr. Tony Chan, CEO of WCT Holdings Berhad. This collaboration will include organizing specialized workshops and discussions with the Oman Airports team, with the aim of formulating an integrated master plan to maximize the benefits of the lands surrounding the Muscat International Airport. This project also focuses on enhancing the commercial aspect of the area by expanding the scope of hospitality and entertainment facilities, interactive experiences, and various services. This will lead to increased investment value of the land, increased returns from direct and joint projects, and their expected contribution to the expected income from investment in the real estate development sector. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
3 days ago
- Business
- Observer
MoU signed to prepare a masterplan for projects around Muscat Airport
Muscat - Oman Airports signed a memorandum of understanding with Malaysian company WCT Holdings Berhad to explore development and investment opportunities within the Muscat International Airport. The memorandum aims to establish initial strategic cooperation between the two parties to exchange ideas and expertise, and facilitate the development of vital projects that contribute to enriching the entertainment and commercial experience for visitors and travelers. The memorandum was signed by Eng. Ahmed bin Saeed al Amri, CEO of Oman Airports, and Dr. Tony Chan, CEO of WCT Holdings Berhad. This collaboration will include organizing specialized workshops and discussions with the Oman Airports team, with the aim of formulating an integrated master plan to maximize the benefits of the lands surrounding the Muscat International Airport. This project also focuses on enhancing the commercial aspect of the area by expanding the scope of hospitality and entertainment facilities, interactive experiences, and various services. This will lead to increased investment value of the land, increased returns from direct and joint projects, and their expected contribution to the expected income from investment in the real estate development sector. Omani
Yahoo
22-04-2025
- Business
- Yahoo
WCT Holdings Berhad's (KLSE:WCT) largest shareholders are individual investors with 46% ownership, institutions own 20%
The considerable ownership by individual investors in WCT Holdings Berhad indicates that they collectively have a greater say in management and business strategy The top 16 shareholders own 50% of the company 15% of WCT Holdings Berhad is held by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A look at the shareholders of WCT Holdings Berhad (KLSE:WCT) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 46% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, institutions make up 20% of the company's shareholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Let's delve deeper into each type of owner of WCT Holdings Berhad, beginning with the chart below. View our latest analysis for WCT Holdings Berhad Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in WCT Holdings Berhad. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of WCT Holdings Berhad, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in WCT Holdings Berhad. Dominion Nexus Sdn Bhd is currently the company's largest shareholder with 17% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.8% and 6.7%, of the shares outstanding, respectively. Siew Lim, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board. A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own a reasonable proportion of WCT Holdings Berhad. Insiders own RM149m worth of shares in the RM967m company. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 46% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 18%, of the WCT Holdings Berhad stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 2 warning signs for WCT Holdings Berhad that you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
25-03-2025
- Business
- Yahoo
WCT Holdings Berhad (KLSE:WCT) Has Some Difficulty Using Its Capital Effectively
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase? Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. This indicates to us that the business is not only shrinking the size of its net assets, but its returns are falling as well. In light of that, from a first glance at WCT Holdings Berhad (KLSE:WCT), we've spotted some signs that it could be struggling, so let's investigate. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for WCT Holdings Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.013 = RM66m ÷ (RM9.1b - RM4.1b) (Based on the trailing twelve months to December 2024). Therefore, WCT Holdings Berhad has an ROCE of 1.3%. Ultimately, that's a low return and it under-performs the Construction industry average of 9.4%. Check out our latest analysis for WCT Holdings Berhad Above you can see how the current ROCE for WCT Holdings Berhad compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for WCT Holdings Berhad . The trend of ROCE doesn't look fantastic because it's fallen from 2.3% five years ago and the business is utilizing 22% less capital, even after their capital raise (conducted prior to the latest reporting period). On a side note, WCT Holdings Berhad's current liabilities have increased over the last five years to 45% of total assets, effectively distorting the ROCE to some degree. Without this increase, it's likely that ROCE would be even lower than 1.3%. And with current liabilities at these levels, suppliers or short-term creditors are effectively funding a large part of the business, which can introduce some risks. In short, lower returns and decreasing amounts capital employed in the business doesn't fill us with confidence. However the stock has delivered a 83% return to shareholders over the last five years, so investors might be expecting the trends to turn around. Regardless, we don't feel too comfortable with the fundamentals so we'd be steering clear of this stock for now. If you'd like to know about the risks facing WCT Holdings Berhad, we've discovered 2 warning signs that you should be aware of. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Impressive Earnings May Not Tell The Whole Story For WCT Holdings Berhad (KLSE:WCT)
Last week's profit announcement from WCT Holdings Berhad (KLSE:WCT) was underwhelming for investors, despite headline numbers being robust. We did some digging and found some worrying underlying problems. Check out our latest analysis for WCT Holdings Berhad One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. As it happens, WCT Holdings Berhad issued 10.0% more new shares over the last year. That means its earnings are split among a greater number of shares. Per share metrics like EPS help us understand how much actual shareholders are benefitting from the company's profits, while the net income level gives us a better view of the company's absolute size. Check out WCT Holdings Berhad's historical EPS growth by clicking on this link. Unfortunately, we don't have any visibility into its profits three years back, because we lack the data. Zooming in to the last year, we still can't talk about growth rates coherently, since it made a loss last year. But mathematics aside, it is always good to see when a formerly unprofitable business come good (though we accept profit would have been higher if dilution had not been required). Therefore, the dilution is having a noteworthy influence on shareholder returns. In the long term, if WCT Holdings Berhad's earnings per share can increase, then the share price should too. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Over the last year WCT Holdings Berhad issued new shares and so, there's a noteworthy divergence between EPS and net income growth. Because of this, we think that it may be that WCT Holdings Berhad's statutory profits are better than its underlying earnings power. On the bright side, the company showed enough improvement to book a profit this year, after losing money last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. You'd be interested to know, that we found 2 warning signs for WCT Holdings Berhad and you'll want to know about them. This note has only looked at a single factor that sheds light on the nature of WCT Holdings Berhad's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
