WIDAD 0162 Share Price
RM0.02
klse: Widad Group Berhad
Stock Information
Board : Ace
Shariah : Shariah Compliant
Sector : Construction Civil Engineering Concession Management
Address: Level 11, Widad Semantan, No. 3 Jalan Semantan, 50490 Kuala Lumpur
Contact: +603-20940009
Website: https://www.widadgroup.com/
Stock Background
Widad Group Berhad is engages in the construction and integrated facilities management activities. It constructs Infrastructure and civil works such as construction of low and high-rise buildings for a variety of uses, sewerage treatments plants and others. The company also provides Scheduled Maintenance, Ad-Hoc maintenance and upgrading and renovation services. In addition, it also engages in the construction and maintenance of facilities and infrastructure.
Profit Analysis: WIDAD 0162
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 21/05/26 | 27,090 | 1,545 | 1,033 |
| 27/02/26 | -389 | -202,355 | -229,126 |
| 25/11/25 | 34,501 | 2,361 | 987 |
| 29/08/25 | 34,340 | 1,977 | 602 |
| 30/05/25 | 62,063 | 2,268 | 1,219 |
| 27/02/25 | 60,085 | -12,152 | -14,465 |
| 26/11/24 | 28,651 | -1,674 | -2,140 |
| 29/08/24 | 19,261 | -2,050 | -2,982 |
| 24/05/24 | 29,739 | -2,675 | -4,308 |
| 29/02/24 | 80,354 | -9,631 | -9,903 |
| 27/11/23 | 56,624 | -5,352 | -7,647 |
| 23/08/23 | 30,853 | 350 | 344 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 96 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | -226,591 |
| Last 4 Quarter EPS (sen) | -7.32 |
| Last 4 Quarter PER | 0 |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | 0.00 |
| Net Tangible Assets (RM) | 600.00 |
| Goodwill (RM) | 8,740 |
| Cash (RM’000) | 114,600 |
| Debt (RM’000) | 338,080 |
| Total Debt (RM’000) | 543,860 |
| Net Assets (RM’000) | 208,130 |
| Current Ratio | 2.24 |
| Quick Ratio | 2.24 |
| Cash Ratio | 0.71 |
Technical
Technical Analysis
| MACD (26 vs 12) | -5.148 |
|---|---|
| Exponential Moving Average 5 | 0.012 |
| Exponential Moving Average 20 | 0.016 |
| Exponential Moving Average 90 | 0.011 |
| Relative Strength Index 14 | 1.00 |
| Stochastic %D 3 | 0.89 |
| Stochastic %K 14 | 1.00 |
15 reviews for WIDAD 0162
Only logged in customers who have purchased this product may leave a review.
-
BNASTRA 7195 ★★★★★RM2.14 - PETRONM 3042 ★★★★★RM3.44
- CMSB 2852 ★★★★★RM1.00
- SUNREIT 5176 ★★★★★RM2.23
Salary Proof
BURSA MALAYSIA –
The Group recorded profit after tax of RM6.13 million in FYE2022 as compared to Profit after tax of RM70.79 million in FYE2021, largely attributable to one time bargain purchase on acquistion of concession business amounting Rm115.03 million. Moving forward, the group will continues to focus on improving cost efficiency, utilising technology to improve service offerings and delivery, participate in tender and exploring other business opportunities.
BURSA MALAYSIA –
The Group revenue decreased RM22.92 million or 46% against preceding quarter due mainly to completion of a contract to provide IFM services to Istana Negara and slower work claims progress in the construction segment. Consequently, the Group recorded loss before tax of RM2.61 million during the quarter
BURSA MALAYSIA –
The Group’s revenue is 5% lower due to drop in IFM segment revenue by 18% while construction and concession segments combined recorded 12% increase. GP is 15% lower against 1st quarter 2022, in tandem with reduction of revenue. However, PBT increased by 6% due to lower administrative expenses amounting RM5.88 million (1Q22: RM6.64 million) and lower sukuk issuance expenses amounting RM1.61 million (1Q22: RM7.22 million).
BURSA MALAYSIA –
The Group”s revenue improved by RM3.2 million or 10%. Higher revenue contributed by IFM segment was attributable to works related to provisional sum and upgrading. Construction segment moved minimally during the quarter due to changes in work
programs following the movement control orders. In line with higher revenue, the Group recorded PBT of RM6.4 million as compared to RM3.4 million in preceding quarter.
BURSA MALAYSIA –
The Group recorded PBT of RM1.55 million as compared to LBT of RM1.91 million in preceding quarter mainly due to expenses relating to proposed acquisitions amounting RM1.19 million was expensed off during the quarter.
The Edge –
Widad Group Bhd’s share price pared gains after rising as much as 3.5 sen or 7% to 53.5 sen in Bursa Malaysia morning trade today after the construction group announced yesterday that the Kedah state government awarded the RM89.8 million Sungai Limau water treatment plant upgrade project to Widad Group’s wholly-owned subsidiary Widad Builders Sdn Bhd.
BURSA MALAYSIA –
The Group’s revenue decreased by RM1.00 million or 4% mainly due to lower income recognition from construction. However, revenue from IFM segment increased following repayment of deductions on maintenance charge made by customer during MCO in March and April 2020. However, the Group recorded LBT of RM1.91 million as compared to PBT of RM2.33 million in preceding quarter due to expenses relating to proposed acquisitions amounting RM1.19 million was expensed off during the quarter
The Star –
Widad said it has completed its RM127.02 million acquisition of Serendah Heights Sdn Bhd, which is a concession holder for the maintenance of the Universiti Teknologi MARA (UiTM) campus in Jasin, Melaka. The deal has boosted Widad’s order book to RM1.5bil. Meanwhile, Widad has also called off its proposed acquisition of Inovatif Mewah Sdn Bhd from Menang Corp Bhd for RM122mil. Inovatif Mewah is a concession business managing UiTM’s Seremban 3 campus.
The Edge –
Widad Group Bhd, which is collaborating with Rinani Dynamic Sdn Bhd to distribute an oral-based (tablet) Covid-19 vaccine developed by Vaxart Inc in Malaysia, said phase one of the clinical trial has achieved a positive response. Vaxart is an American biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform listed on the Nasdaq Stock Market.
The Edge –
Widad Business Group Sdn Bhd is planning to build a mixed development project in Pulau Langkawi, Kedah with an estimated gross development value of RM40 billion. In a statement today, the group said the project is expected to be completed within 15 to 20 years. It will comprise tourism components such as five- and six-star hotels and resorts, an international golf course, an international business and office complex, shopping malls, higher learning institutions, healthcare facilities and luxury residences.
The Edge –
Widad Group Bhd has clarified that the rationale for its memorandum of collaboration with Rinani Dynamic Sdn Bhd inked on Dec 15 is to distribute, market and sell an oral-based COVID-19 vaccine named VXA-Cov2-1 in Malaysia. Rinani Dynamic is the local representative for Vaxart Inc, a US-based company that manufactures the vaccine and other products. VXA-CoV2-1 is a single-dose COVID-19 tablet vaccine that Vaxart Inc says can be distributed conveniently without the need for cold-chain storage and distribution. The vaccine has not obtained clearance for commercialisation and is still undergoing clinical trials
BURSA MALAYSIA –
The Group’s revenue for the current quarter decreased by RM 12.28 million or 49.88% as compared to the preceding quarter. Lower revenue was attributable to slower activities under IFM segment and the sudden suspension of all construction project until 9 June 2020 due to MCO and CMCO. In tandem with the decrease in revenue, PBT dropped by RM 1.83 million or 57.80%.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 4.14 million. It was high compared to average in listed companies, considering the employees’ remuneration of 17.5 million and auditor’s remuneration of 165 thousands
BURSA MALAYSIA –
The Group’s revenue for the current quarter decreased by RM42.14 million or 79.06% as compared to the preceding quarter. Lower revenue was attributable to slower construction activities resulting from the extended of time granted by Government until June 2021 and the sudden suspension of on-going project due to MCO.
Investing Malaysia –
Average investing volume for Widad Group Bhd in the past three months in stock market was 11561.8k lots
Investing Malaysia –
WIDAD gets a score of 1.01 in our equity and assets quality test based on current share price of RM0.535
Investing Malaysia –
Widad Group Bhd gets a score of 11.82 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0162 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
WIDAD is estimated to have a profit consensus of 22.76 millions, with an adjusted market capitalization of 1423.69 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 2.44 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 16.7 million and auditor’s remuneration of 163 thousands