THE INVESTMENT APPROACH OF CALVIN TAN

HOW TO GET 2 INDUSTRIAL FREEHOLD BUILDINGS FOR FREE IN SPORE TAGORE LANE INDUSTRIAL ESTATE BY BUYING THIS STOCK, Calvin Tan Research

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Publish date: Fri, 16 Apr 2021, 11:30 PM
calvintaneng
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Hi Guys,

I have An Investment Approach I which I would like to all.
Dear Friends,
 
Truth  is Stranger Than Fiction. If You Know There Are Bargains Everywhere
 
Once Magellan Fund Sifu Peter Lynch paid a visit to VOLVO Factory in Europe. He wanted to see the Company Accounts. Bosses at Volvo were quite surprised & amused but gave in to Peter's request.
 
To Peter Lynch' Great Delight he saw that VOLVO was then selling at CASH Level
 
So by buying VOLVO he got it Back in VOLVO'S CASH POSITION PLUS
 
PLUS VOLVO FACTORY IS FREE
 
VOLVO INVENTORIES OF CARS ALL FREE
 
ALL THE FACTORY BUILDINGS WERE ALSO FREE
 
Upon returning to USA he bought and bought up All Volvo Shares His Fund Could Afford
 
NO WONDER PETER LYNCH'S MAGELLAN FUND BEATS WARREN BUFFET BERKSHIRE HATHAWAY FOR 13 STRAIGHT YEARS
 
Now one Company in Malaysia called WTK (4243) KLSE MALAYSIA owns 2 Free Hold Industrial Buidings in Singapore
 
A check with its Balance Sheet shows that
 
WTK HAS CURRENT CASH OF 46.9 SEN PER SHARE
 
Since WTK closed at 47 sen  it is priced at NET CASH of 46.9 SEN
 
AND ITS NON CURRENT BORROWINGS AS BACKED BY PLANTATION ASSETS IN LUMBER & CPO PALM OIL
 
Apart from that WTK also own Many Investment Assets all over West & East Malaysia including Singapore.
 
SINGAPORE?
 
 
YES!
 
 
See from Properties owned by WTK
 
No. 86 *
Tagore Lane Industrial Estate.........Bouight 30 Sept 1983. ....36 years ago. Book value RM4,086,000
....11,354 sq.ft.
Freehold
Land with
office &
warehouse
 
HA! WE SEE BUILDING WAS PURCHASED 36 YEARS AGO FOR RM4.086 MILLION RINGGIT
 
(NEVER REVALUE AS YET?)
 
What is the Current Advertised Value of Industrial Buildings in Tagore Lane?
 
See
 

For Sale - Tagore Lane (D20) - 11036 sqft -- S$ 11.8 m

Advertised By May Lau - Call +6597762411
Re-listed on April 16, 2021
Beautiful Freehold Corner Terrace B1 Industrial for Sales at Tagore lane!! Like Brand New, move in condition!!! Property Address : Tagore Lane - Lot Area : 604.1m2 ( approx. 6502.53sqft)

 

NOW YOU SEE IT

11,036 sq ft (after 36 years) is worth S$11.8 MILLIONS

 

 

 

 

 

 

 

 

Since we must compare Apple with Apple we must get the Ringgit Value by

Multiplying S$11,800,000 by 3.10 = Rm36,580,000

How many per cent more after 36 years?

 

Divide Rm36,580,000 by Rm4,0086,000 = 8.925 Times or 892.5%

How many per cent a year 

24.79% a year!!  (THIS IS WHAT BERSHIRE HATHAWAY USED TO GET - 25% PER YEAR GROWTH & OF COURSE NOW LESS)

NOW WE ARE GETTTING THESE INDUSTRIAL ASSETS FOR FREE BY BUYING INTO WTK

 

THE BIG BONUS IS - WE ARE BUYING INTO HISTORIC VALUE OF YEAR 1983

WOWEE!!

IF WALTER SCHLOS & THE GREAT BENJAMIN GRAHAM KNOW THEY WILL SURE BUY UP WTK & CLAP WITH GLEE!!

 

The Next Building?

 

See Below

No. 88 *....................
Tagore Lane
Industrial Estate
 
9,542
sq.ft.
Freehold
Land with
office &
warehouse
 
Date of Purchase : 21 July 2017
 
BOOK VALUE RM6,201,000 or in Sing Dollar multiply by 0.31 = S$1,922,000
 
COULD SOMEONE FIND A VALUER TO CHECK HOW MUCH
 
IT IS A 3 STOREY INDUSTRIAL BUILDING SIZE 9,542 SQ FT (FREEHOLD)
ADDRESS 88, TAGORE LANE, UPPER THOMPSON, SINGAPORE IS WORTH CURRENTLY?
 
SURELY IT CANNOT BE S$1.922 MILLIONS ONLY??
 
 
KINDEST REGARDS
 
Calvin Tan Research
 
 
Please buy or sell after doing your own due diligence. In doubt please consult your Remisier, Fund Manager or Property Valuer
 
 

Business Background of WTK from i3 Forum page

WTK Holdings Bhd is engaged in investment holding and provision of management services. Business activity of the firm is functioned through Timber, Plantation, Trading, Manufacturing, Investment holding and others, and Oil and gas segments. The company derives the majority of revenue from Timber segment which is engaged in the extraction and sale of timber, manufacture, and sale of plywood, veneer and sawn timber. Geographically all the operation of the firm is functioned through Malaysia, however, the company also has its presence in the region of Malaysia, Japan, India, Taiwan, Singapore, Philippines and in other regions.
Property Investments of WTK are under
 
Investment holdings and others.

 

 

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