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5,675 comment(s). Last comment by vincent555 at Sep 23, 2020 8:40 AM
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Woodswater
3182 posts

Posted by Woodswater > Sep 20, 2020 12:24 PM | Report Abuse

WTK RIDING HIDE ON ALL TIME HIGH LUMBER PRICE + RISING FCPO
Author: targetinvest Publish date: Thu, 13 Aug 2020, 1:01 AM


Woodswater
3182 posts

Posted by Woodswater > Sep 20, 2020 12:32 PM | Report Abuse

Si-fool mickey MOUTH
very good analysis 22th March 2017
Thumbs up for u

Very appreciated ur info and very excited coming Monday!
Anyway tx ur HLT 0188 tips to me and now i'm shy shy away to aim for plantations new targets under ur priorities promotion is JTiasa ( i marked down liao)

Cheers, the greatest si-fool
My latest beloved king of investing in KL死矣
My latest cari makan idol

Si-fool mickey MOUTH
i like ur comments n analysis

Wakakakaka


stockraider
18136 posts

Posted by stockraider > Sep 20, 2020 1:34 PM | Report Abuse

This Mike very panlai bad mouthing loh....when sifu calvin start promoting wtk in march 2020..at 33 sen below...this mike started bad mouthing mah...!!

Today wtk at 50 sen ...mike is still bad mouthing loh..!!

I suspect this monkey mike, will still bad mouthing when wtk go above 60 sen very soon loh...!!

Do not listen to this sohai loh...!!


Woodswater
3182 posts

Posted by Woodswater > Sep 20, 2020 2:07 PM | Report Abuse

Do not listen to this sohai loh...!!
20/09/2020 1:34 PM

Imy antenna receiving si-fool mickey MOUTH making 'BUY' call le
I came here due to stong promoted by him le

Cheers
Wakakakaka


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:33 PM | Report Abuse

haha con artist callvvinn aka why so worry ..


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:37 PM | Report Abuse

Referred to audited FY19 annual report:

Timber Rights :

The group has timber licenses and the rights to timber licenses . The licences will expire in year 2021 and 2022 .


FY19 revenue: 589,744,000

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

CPO n Kernel : 49,484,000 : 8.39 %

Fruit bunches : 19,833,000 : 3.36 %



>>> renewal of Timber licenses will be Partially or ????



## Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ...
June 2020 = 9,203 m3

From 58,217 m3 reduced to 9,203 m3 -- Scary


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:39 PM | Report Abuse

FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (Q1) : Loss (19.9 mil )

FY20 ( Q2 ) : Loss ( 16.1 mil )

Referred to FY18 audited annual report , the Profit of 81.1 mil is from winding up of a subsidiary.

That means operations is at Loss from FY16 , FY17, FY18 , FY19... FY20 also ?


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:41 PM | Report Abuse

FY19 audited annual report:

LoyTape sales is down :

Tapes Division (Manufacturing and Trading)

The division registered a revenue of RM66.0 million in financial year ended 31 December 2019 as compared to RM67.9 million in the preceding year, a decrease of RM1.9 million or 3%, mainly due to reduction in domestic sales revenue as a result of price competition from local competitors. Accordingly, the performance of the Group’s tapes division for the current nancial year was lower as compared to financial year ended 31 December 2018.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:41 PM | Report Abuse

Gearing Ratio : 0.786

As at 31 December 2019, the Group had cash and bank balances of RM383.2 million (2018: RM384.2 million), whilst bank borrowings and payables amounted to RM301.1 million (2018: RM331.5 million). Accordingly, the Group recorded a positive net cash position as at 31 December 2019.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 3:46 PM | Report Abuse

Timber and timber products: 453,266,000 : 76.86 %

Timber represent the highest revenue contribution but production m3 is reduced significantly from over 58,000 m3 on Dec 2018 to June2020 9,203 m3 n July2020 12,887 m3 ... scary ..


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 7:05 PM | Report Abuse

haha really laugh live me .. limit up ? lost blur blur


Mikecyc
12409 posts

Posted by Mikecyc > Sep 20, 2020 10:58 PM | Report Abuse

haha con artist aka add oil sell back what ? kikiki


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:29 AM | Report Abuse

haha Palm oil ??


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:30 AM | Report Abuse

Analysts neutral on plantation sector after jump in palm oil supply
TheEdge Fri, Sep 11, 2020 10:42am - 1 week ago


KUALA LUMPUR (Sept 11): Hong Leong Investment Bank (HLIB) Research has reiterated its "neutral" rating of the plantation sector after palm oil inventory closed marginally higher at 1.7 million tonnes in August as higher output and lower exports were partly offset by lower imports and higher domestic consumption.

Following this, the research house named TSH Resources Bhd as its top pick with a "buy" call and target price (TP) of RM1.14.
At the time of writing, shares in TSH Resources were 1.5 sen or 1.62% higher at 94 sen, bringing its market value to RM1.3 billion. It saw some 679,900 shares change hands.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:30 AM | Report Abuse

On forecasts, HLIB Research analyst Chye Wen Fei said the research house believes the stockpile will remain on an uptrend in the near term due to seasonally stronger output and lower exports to key importing countries, in particular India as its edible oil inventory had normalised since July and China in absence of seasonal demand.  

“YTD (year to date), CPO (crude palm oil) prices averaged at RM2,526/tonne. While we are still holding the view that [the] current high CPO prices will unlikely be sustained into the remaining months of 2020, the full-year average price will likely come in higher than our assumption of RM2,350/tonne, possibly averaging RM2,450-RM2,500/tonne.

“Pending a further review of the sector, we keep our assumptions for now at RM2,350- RM2,400/tonne for 2020-2021,” said the analyst in a note.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:30 AM | Report Abuse

Meanwhile, PublicInvest Research noted that CPO prices had gone above the RM2,800/metric tonnes (MT) level since last week, led by increasing concerns over worker shortages and demand recovery from the reopening of economies.

Nevertheless, the research house thinks the current CPO prices may not be sustainable in the final quarter given the surge in palm oil supply during the peak production season.

Thus, it maintained "neutral" on the sector as it sees limited upside from prevailing levels.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:31 AM | Report Abuse

“CPO production rose 3.1% m-o-m (month-on-month) to 1.86 million MT after seeing a drop of 4.2% in the previous month. The stronger production was mainly contributed by Peninsular Malaysia (+1% m-o-m) and East Malaysia (+5.8%).

“We expect to see continuous growth in production in the next three months before hitting a peak in October/November. However, the main concern is about worker shortages with a majority of plantation players short by 5%-10% following the Malaysian government’s barring of foreign worker hiring till year end,” said PublicInvest Research analyst Chong Hoe Leong in a note.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:31 AM | Report Abuse

haha Timber , Lumber ?


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:32 AM | Report Abuse

Lumber Futures USD

Sep, 2020 578.60

Aug, 2020 928.00

Jul, 2020 585.80

Jun, 2020 435.70

May, 2020 367.10

Apr, 2020 319.70

Mar, 2020 278.50

Feb, 2020 399.40

Jan, 2020 435.50

Dec, 2019 405.30

Nov, 2019 416.60


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 8:37 AM | Report Abuse

The most scary is as WTK said timber is losing competiveness ..volume is decreased from Dec 2018 over 58,000 m3 to July2020 12,887 m3


Akino Tok Tok
701 posts

Posted by Akino Tok Tok > Sep 21, 2020 11:04 AM | Report Abuse

山穷水覆疑无路,柳岸花明又一村。Every cloud has a silver lining. 伊家系 palm oil 话事料 !


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 7:16 PM | Report Abuse

TOUGH TIME FOR PLYWOOD MANUFACTURERS IN MALAYSIA
11-03-2020

Malaysian plywood manufacturers have lost market share in Japan, their key export market, due to stiff competition from Indonesian suppliers and the sharp increase in local production of plywood from domestic softwood resources.

Statistics from the Sarawak Timber Industry Development Corp. (STIDC) reveal that Sarawak plywood export volumes fell to about 1.12 million cubic metres, worth RM2.26 bil (FOB), in 2019 from 1.43 million cubic metres (RM3.03 bil) in 2018 and 1.74 million cubic metres (RM3.27 bil) in 2017.

Despite the drop in sales, in 2019 Japan was the top buyer of Sarawak plywood absorbing 733,051 cubic metres (RM1.59 bil) or more than 70 per cent of the state’s total plywood exports. Sarawak log export volumes dropped to 1.29 million cubic metres worth RM722.2mil in 2019 against 1.42 million cubic metres valued at RM773 mil in 2018.


Mikecyc
12409 posts

Posted by Mikecyc > Sep 21, 2020 7:19 PM | Report Abuse

Plywood import from China up 97% in first half

* COMMODITIES
* Monday, 21 September 2020


# KUCHING: Malaysia, once a major supplier of plywood to China, has now become a key importer of China-made plywood.

In the first half of 2020 (1H20), China’s plywood exports to Malaysia soared 97% to 252,000 cubic metres (cbm) from that of 1H19 but the average price of of plywood Malaysian importers paid fell by 27% to US$269 per cbm

“Malaysia was once a major supplier of plywood to China but now China’s plywood imports from Malaysia totalled just 7,760 cbm valued at US$3.73mil in the first half of 2020, ” according to the International Tropical Timber Organisation Tropical Timber Market Report (Sept 1-15).

About 30% or 2,543 cbm of Malaysia’s plywood exports to China in 1H20 came from Sarawak, figures from Sarawak Timber Industry Development Corp (STIDC) showed


Constant
6 posts

Posted by Constant > Sep 22, 2020 9:54 AM | Report Abuse

One thing good about WTK is that throughout the years of losses, cash is not decreasing much at all. This means the losses are non-cash a.k.a depreciation/amortisation

With a bit of cost cutting and rationalisation, it is possible to return to profit even with reduced sales. But must give management some time.


vincent555
134 posts

Posted by vincent555 > Sep 23, 2020 8:40 AM | Report Abuse

在1996年。亚洲股市是最火热全民炒股的状态。几乎每个人都在享受不断增长的利润。许多人已经辞职以从事全职股票交易。股市消息和讨论股票已成为人民的日常话题。在办公室,住宅,咖啡店,市场,饮食场所的任何地方,人们都只谈论下一个“涨停板”股票。


在每个交易大厅或房间中都没有空的座位。在RHB银行总部甚至人潮多的连站的地方都没有。这些地方都挤满了各行各业的商人和专业人士。这些情景发生在亚洲金融危机爆发前!

在这个时期,却有一个人脱颖而出。他就是新加坡的Peter Lim。他在接近股市高峰期时,卖掉了所有股票。然后,只买了一档股票– WILMAR种植园股票。

事后看来,这是一个奇怪但非常精准的举动。在1997年7月2日,乔治·索罗斯(George Soros)袭击了泰珠。泰珠崩溃后,骨牌效益蔓延到了其它国家,例如马来西亚,新加坡,香港,韩国,印度尼西亚。

当时的KLSE最高时为1332点,最低仅剩下262点–暴跌了将近81%。

对于许多人来说,这是一场灾难。数以万计的人破产。许多银行和金融机构资不抵债。亚洲金融危机之前,马来西亚有大概49家银行和信贷公司。如今,剩下的也大概10家。其余的已成为历史。

Peter Lim当时投资了10 million在Wilmar。Wilmar是Mr. Robert Kuok持有的种植园股票。

为何Peter Lim会如此的精准投资?把所有的资金投资在一档股票里面。而且他是正中目标。四年后,新加坡的Peter Lim“ THE REMISIER KING”以15亿的高价出售了其Wilmar股份!

因此,如果时机合适的,种植园股票投资是可以使您成为富翁!

我们现阶段是否正在进入市场厄运的另一阶段吗?让我们拭目以待。

但肯定的是:

EL NINO现象正在酝酿当中

让我们期待种植园股票是否将在这一轮创造更多的百万富翁和亿万富翁。

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