Nothing personal, I call it as I see it.

@skoh888 hi, do you any any thoughts as to why Calvin refers to himself in the third person always (illeism)? Some scientific researchers claim it helps to clear one's emotional fog, helping one to think clearly. Does'nt seem to work in Calvin's case, he is in dense fog all the time.

This Calvin is irrepressible, incorrigible and still sticking blind blind to his stock picks in a market riveted by fear but he is still good for a laugh, painful it may be in this current market. Putting all my stocks in the refrigerator until this winter of discontent passes. The cold helps numb the pain a little.

@skoh888...you did us all a favour by calling him out.

I still hold my portfolio of plantation stocks including TSH, HSPlant, JTiasa and others. No borrowing, hence no pressure to sell at poor prices in a weak market. However, the almost insanely incessant optimistic calls by cannot-be-wrong Calvin has got me irritated as it is a danger to many weaker investors' financial health. That fella has a messianic complex, it seems.

@skoh888 Another very sensible article! Recommended reading for all newbies who have not faced a torrential avalanche that sweeps all before it.

Calvin,
No reply? You have made the case that you are a very confused investor and no stock messiah. Good bye.

SOP? This is TSH thread and SEE Research comments are not specific to SOP at all. You try to confuse and obfuscate. Do reply point by point.

Calvin,
Don't beat around the bush and talk 3 talk 4. You are but a pied piper leading many to Amsterdam and even in the face of damning facts, continue piping with little remorse. Please refute See Reseach messages point by point if you can, if you dare, if you have any following.

SEE Research's bear market call seems almost prescient in hindsight; irrefutable, indisputable and borne out by current market events. An avalanche of pessimism that sweeps all before it, yet some would ignore or deny. Perhaps they live in an insulated high rise penthouse in the red light district of Amsterdam and don't need to come down to earth.

Someone should change his handle to "caveatemptoreng" so all are made aware there is no responsibility for wrong calls but plenty of self praise for correct ones. Sheesh!

In the "kaw kaw buy" and "die die hold" strategy for palm oil plantation stocks, there is no risk containment, no measures to cope with market downturns, no u-turns; it is like a kamikazi move, plough straight ahead, all or nothing, irrespective of what lies ahead. How many have that deep pockets to withstand the vagaries of market fluctuations?

A sensible article with a practical piece of advice in conclusion.. Buy a portfolio of plantation stocks and hold for minimum 6 months if you think current high CPO prices can sustain. No conspiracy theories, no digging for treasure, no giving excuses of one kind or another for erroneous conjecture.

You just can't blame the plantation stocks sell down on the IBs. Market sentiment has deteriorated and other stocks are down as well. Just that plantation stocks were recently chased up with high ffb/cpo prices and therefore are now correcting more sharply. Just normal market reaction to over enthusiasm.

The muted response to good quarterly results posted by some oil palm plantation companies tell us the numbers were already factored into current market price. Expectations are high but the future remains uncertain. Will high ffb/cpo prices be sustained? Can costs be contained? Can labour shortages be resolved? I like Hsplant and have faith in its management but am now much more cautious on the sector. It is not a risk free investment.

Poor sentiment days are here again. As with most stocks, WTK succumbed to selling pressure and is now below 50 sen. Time to add on.

Koon's wrinkled old ass must have been kicked by the sudden market downturn. No way to cash out any meaningful position from Subur Tiasa last few days with daily trading volumes well below 1 million shares. Good thing few, if any, believes the trickster anymore.

While other small cap palm oil plantation counters are giving back some price gains today, laggard WTK remains resilient. A really good sign of better things to come soon! From now till end May , accumulate further on weakness during poor sentiment days.

Bursa is a strange creature. The herd instinct runs deep in this creature and a stampede into penny stocks can be triggered by smart syndicates when the time is right. Manipulation is the trigger and greed is the fuel for small investors to pile into these penny stocks.

Don't know whether to laugh, cry or howl at this sorry ass article. Karma can bite back any time in your life. Seems conman Koon is determined to display his senility time and again with horrendous stock recommendations.

When June rolls around and WTK 1Q2022 results are out and digested, patient investors can feast opulent on the king of fruits in Raub. Musang king season for them!

@dompeilee....Patience is a virtue. I hold a portfolio of palm oil plantation related stocks including WTK and JTiasa but will not knock slow moving WTK. Every dog will have its day and similarly with currently not in favor WTK. It just needs a catalyst to perform in this market.

Sorry, 1.5 sen dividend; even when times are not so great for their timber business. Risk reward ratio looks pretty good going forward. Always looked at WTK as smaller cousin brother of JTiasa, both being Miri based and in similar business. Now waiting for WTK price to catch up a bit with JTiasa.

When other predominantly palm oil counters move up, others such as WTK with smaller palm oil estates of 40,000 acres gets noticed as laggards. Should 1Q 2022 results show substantial improved results and I expect it to be so, this counter will really move then. Good cash hoard, dividend 1.5% coming, selling at a fraction of nta, timber prices slowly improving ; what's there not to like? Get in early for the run.

I think Calvin meant Utd Plt estates in TI are peat soil and no good for housing development ;not that they are no good for oil palm (or coconut). Utd Plt manage their estates efficiently and treat their workers very well. Their little bakery selling delicious bread and bakery products at TI estate is a must visit every time I pass by that area.

Ignore the Koon fella. He is a nobody trying to be a somebody in the investing world. His time is long past but he cannot see it. He has no credibility and probably little money left after recent horrendous stock picks. No more drivel about being a super investor. Not much money left. That is the usual end result of stock speculators who can't stop punting. Just like gamblers, they lose sight of reason.

Koon must be really losing his marbles coming up with such pathetic comparative analysis. By the way, Tan Sri Tiong has been unwell for years to the detriment of his various businesses' leadership.

This Koon fella is ridiculous. Given his advancing years and obviously declining faculties, he should do everyone a favour and stop posting articles in I3Investor. But his ego won't let him.

Good call on HS Plant, Calvintaneng. I like its high cash position and ability to pay good dividends with increasing profits in the quarters ahead. Stock price recovers dividend amount within one day of going ex! Not so great call on WTK though; high cash but weak profits because of timber losses and a stagnant share price.

What lousy simple minded analysis. Similar to his helicopter hype years ago on JTiasa when it was above RM2.00. He sold his entire holdings when followers bought in and laughed at them subsequently for not getting out quick enough. This is an evil old conman with no conscience. Beware. TDM is cheap for good reason. There may be more large write offs to come from discontinued operations since RM105 million of its assets is still held in the books.

WTK was late diversifying into oil palm, unlike JTiasa, as it was troubled by internal shareholder squabbles. But 12k hectares of mainly young trees ain't bad and cushions weak timber/plywood performance. As does its increasing cash hoard RM386m since operations are cash flow positive. Gives ammunition to buy more plantation land when available. Nice touch to increase dividend to 1.5% but investors need more patience to reap good harvest.

Big brother JTiasa announced decent results for the quarter with plantations division the main contributor with timber/plywood almost breaking even. Now awaiting WTK's results. If it mirrors JTiasa, it can make enough in 4Q2021 to become profitable for the year. The key is in turning round timber/plywood since the other divisions are profitable.

This is 6 monthly results. Wait after 12 month full results FYE 30.6.2022 for dividend announcement. I expect resumption of dividend payment this year with good financial performance and accumulated cash in treasure chest. JTiasa below 0.80 is very cheap given improving fundamentals backed by NTA 1.25.

Western mainstream media has nothing good to say about China. News is always twisted and prejudiced. Why do Americans pick on Gu AiLing for representing China in freestyle skiing but not Naomi Osaka for representing Japan in tennis? Both were American trained and raised, even if Osaka was Japan born, moving to the US with her parents when aged only three. Is it because Gu decided to honor her Chinese maternal side for very personal reasons? If Gu was half Japanese, would she have attracted such undeserved vitriol? I am rooting for her to medal in all three free ski disciplines she is entered it and for western media to "eat it".

The first wave of fund buying into palm oil stocks seem to have started judging by prices and volumes for the large caps. I believe it is a harbinger of good news to come this year for stocks in the sector. Time to make selective buys. The tiger will beat up big bad wolf if he dares to show up in the plantation.

what you buy is your business. Keep it to yourself. No one's interested in your almost daily postings since it's mainly self interested drivel.

I think Calvintaneng is lost in some palm oil estate in Sarawak searching for Giant Treasure. Not able to attend AGM.

WTK small profit for 3Q21 is nothing to shout about. The 3 divisions plantation, manufacturing and trading made barely enough to offset losses in timber division. The company's businesses need overhauling and unproductive assets put to good use. Otherwise WTK will just limp along with its best days long past.

Covid-19 is extremely infectious, just not so deadly as SARS, swine flu or Ebola. The old coot can't even get a simple fact right.

A friend who owns 1000 acres mature oil palm plantation in Pahang has been grossing around RM1 million per month from FFB sales. Works out to RM1000 per acre per month or an astounding RM12,000 per annum. Best ever in its history. But then he has a very reliable manager and the plantation is very well run. High yields, no leakages. He is very happy.

WTK is still principally in timber/plywood but the plantation division is playing an ever more important role. For 1H2021, loss making timber operations are being scaled back while oil palm plantation yields and profits are improving.Trading and manufacturing are stable, contributing modest profits. If this trend continues for 2H2021, and there is no reason for it not to, this being management's reported strategy, WTK can turn profitable for 2021 year thanks to high CPO prices and improving yields. There's also room for rationalization/monetization of its high value industrial property assets with the timber business being scaled down. There is much to hope for in WTK going forward.

WTK is a good recovery play if it can move back into decent profitability and pay better dividends than 1%. Can good oil palm business offset poor timber/plywood business in the next few quarters? That is the question. High asset backing has no benefit to minority shareholders.

Article in the Edge 9/13 is titled 'KNM-a new chapter or asset stripping' by Adam Aziz. Nowhere is there any mention of MAAG fronting for LSE family. Anyone who knows MAAG's Tunku Yaacob can tell you he is a corporate player himself with a mixed record of success over two decades. Asset stripping, particularly hiving off Borsig, is therefore a strong possibility. Fronting for LSE family is definitely off.

Warrant premium = W-(Mp-Ep) where W=current warrant price, Mp=current stock price, Ep=exercise price. Thus on close 18/6/21, the premium for C23 = 0.315-(1.16-0.88) = 0.035 or 3.01% of Mp.

A long neglected company because the directors, all old men, had no ideas as to what new business to venture into plus were too absorbed in decades long litigation. Or maybe they have hidden plans of their own. Malpac's cash backing already RM1 per share. Plus properties in Mount Austin, Johore at 20 year old historical book prices. On a revalued net asset basis, easily much more than the reported nta 2.29 per share, possibly well above Rm3. No borrowings. Only 75 million shares with 90% tightly held by top 30 shareholders. Under pressure to find new business or be delisted and therefore a prime candidate for a corporate exercise. Next few weeks will tell what's happening.

Oh oh new shareholders coming in and taking out the weak holders. There are believers in LB Alum's great numbers after all with 80 sen resistance broken with ease.

This is simply astonishing. Net profits for 3 quarters 28.53 mil or 11.49 sen per share,and even assuming zero for 4 Q, at 75 sen PE is only 6.5x fye 4/2021. Conservative management, yes, not generous with dividends, yes, but 2021 is the year to surprise. Opportunity to buy and hold for payoff later this year.

What's the issue with this counter? Reports great profits for Q3 2021 heading for record for the financial year and many small shareholders are exiting despite prospective low single digit PE. Past dividend record is abysmal, yes, but the company can afford to declare special dividend and a bonus issue this year to reward shareholders.

Astro added back to MSCI Malaysia Index for small cap stocks as from 1 December 2020. That will be cause for buying by some funds.

Market sentiment is very poor and can get worse. All shares, good or bad, have been bashed down in this selloff. No one knows when the bloodbath will stop. Malaysia has too many issues to resolve. Only a super arrogant egotist will still buy heavily on margin during such times. An altruistic investor will take this opportunity to reflect upon his mistakes and apologize profusely to those he misled into using margin financing. Not this old man. He still crows like some young cockerel.