Tuesday, August 28, 2012

WellCall.. August 2012

It is a hose manufacturer and a contract manufacturers in the OEM market. It is expansion plans which is estimated to cost between rm25 million and rm45 million by taking up a US dollar loan facility.
 
Debt free WellCall had cash of rm39.42 million as at March 31, 2012.
 
Declining natural rubber prices and the strengthening US dollar are essentially tailwinds for WellCall, which exports 94% of its products in the US dollar terms.
 
It produce hoses for industrial such as oil and gas sector, mining, automobile and F&B.
 
Natural rubber hoses make up 60% and synthetic 40% of WellCall’s output.

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Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.