swimwithsharkss & Tigger Thanks for the explanation..

swimwithsharkss for me feel abnormal, this is 1st time i saw 30 largest shareholders only 27%. Hope u able to share more info about conversation of new shares, thx.

Why total share of 30 largest shareholders only 27%? Why so less

Bright future but company director sold their share at 0.45..zzz

This few days a lot contra kaki jump in and some profit taking, binacom have to rest awhile and flush out short term kaki, waiting 0.50 then jump in again, cheers..

omg..Q2 making loss..really gg

Oversold..this few days maybe will have a small rebound, but still target month end @ rm3.00

Very soon rm3.00 with pe around 12, then slowly collect it..market very bad now, should rest and go for holidays lo..

time to forget this counter and look for others up trend counter, Padini will drop like Yongtai and go holland, wakaka

Always heard people said very low, but Bjcorp keep create record low, then asked u keep for long term, zzz...

Final Dividend only 10 sen, sad

Up trend gone, down trend on half way d, don't stubborn and fight with the market, look at example, Hengyuan, Petronm, all furniture counter, when up trend gone, must run away..

How good TA or FA also useless, their management really too bad..

Steel counter same like furniture counter d, 大势已去，提早认输，回头是岸！haha..

Don't fight with the down trend market, especially steel counter, all already up 3-4 times from their lowest price, annjoo up from 0.70 till above 3.00 level, easily can pull back to 2.00 - 2.50, and a lots "retails investor" try to curi ayam @ 3.20 - 3.50, it will press until u no money to buy, good luck to all.

If follow last few days trend, today will close at ~0.76...tomorrow press again to 0.72..haha

Everyday press slowly and back to 0.67...let all contra kaki die 1st..

Now should focus on oil & gas, all just start engine to boost up, steel counter all already up 5-6x times from lowest price, limited return dy.

Erm..seem like a lot of rumors..wait another one hour will know the result

this quarter eps 4.8 sen only? anyone confirm?

Sell Sell Sell...tmr buy at 2.00

This two weeks almost everyday got "research house" give buy call on steel counter, huat arh!!

http://www.sinchew.com.my/node/1667376

TP RM1.00..hold tight tight D&O

Cold eye said bye bye to WTK, not in 30 shareholder anymore!!

Cold eye said bye bye to WTK, not in 30 shareholder anymore!!

At least 3 stock forum & 2 FB tipsssy group buy call for Dnex, must put more effort push it..buy buy buy

Faster buy, good good news coming, everyone can earn easy money, hahaha!

Hopefully post a good Q report like Latitud..

"VERY GOOD" MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5341957

After goreng MFCB-WA, now is turn Goh family goreng their another company, D&O 0.60 coming soon, keep ur share tight tight..

Break 1.00 very soon,start buy buy buy..

Even Cpo price reach rm3000, timber price keep increase, net cash company, high nta, whatever good news, but still have this bad result, one word can said is Poor management company..

Too many "long term retails investor" here, conclusion is share market not a game 1+1 = 2, for who waiting 1, tomorrow MUST buy buy buy...

Tomorrow is a right time to buy..

Accumulate slowly on Taann

Sell now and be patient..after Q3 result announced can buy at RM1.00..

SO bad Q3 result..

BDI finally back to 1000, next year Maybulk should recover and generate profit!

Don't put too high expectation on Wtk for coming Q3 & Q4 result, Last year Q3 & Q4 2015 eps is 4.44 sen & 5.53 sen, unless you confident coming Q3 & Q4 Wtk can made at least 6-7 sen eps, if less than this sure have bargain sales..

Start accumulate it..BDI above 1000 coming soon

Fong Siling reduced share from 5m units (year 2014) to 4.4m units (year 2015), if want follow should reduce too and not buy more..

Latest annual report 2016, Cold eye in the 30 shareholder list..

Good result..2.50 coming soon

Plantation and oil & gas sector still will making lost in coming Q...

Good fundamental figure and a lot buy call and insider news on this counter, but bad management, decided don't waste time and money on it, luckily i moved some modal from wtk to padini on last month..bye WTK...

Latest News, Corporate
Top Stories

Family of late timber tycoon speaks out for the first time

This article first appeared in The Edge Financial Daily, on June 20, 2016.

The estate of the late Sarawak timber tycoon Datuk Wong Kie Nai is speaking out for the first time about its legal dispute with WTK Holdings Bhd chairman Pemanca Datuk Wong Kie Yik and his brother Wong Kie Chie, who is a non-executive director at WTK Holdings, over control of the timber business empire in Sarawak.

In a statement last Friday, Kie Nai’s estate said the ongoing legal dispute between the two rival factions of the family of the late Datuk Seri Wong Tuong Kwang — one of Sarawak’s richest men — involves the son of Kie Yik, Patrick Wong Haw Yeong, who is managing director of WTK Holdings, and Janice Ting Soon Eng, a non-independent, non-executive director of the company.

“The 34 ongoing lawsuits do not only involve Kie Yik and Kie Chie ... In other words, four out of the eight members of the board of directors of WTK Holdings are involved in this unhappy state of affairs between our families,” it added.

Kie Nai’s estate was responding to an article titled “WTK Holdings’ top brass allays concerns over family tussle” and the joint statement by Kie Yik and Kie Chie that was published in The Edge weekly on June 6, 2016.

On the control over Successful Trend Investment Corp (STIC), a British Virgin Islands company which held three convertible preference shares (CPS) in the family’s private investment vehicle WTK Realty Sdn Bhd with Kie Yik, Kie Chie and Kie Nai holding equal shares in it, the estate said the statement by Kie Yik and Kie Chie that any two brothers who agree with each other had the final say in the event that no consensus was reached is a “matter of contention”. WTK Realty owned 13.6% of the shares in Bursa Malaysia-listed WTK Holdings as at Dec 31, 2015.

The CPS have no voting rights unless converted into ordinary shares. However, following the death of Kie Nai, an emergency board meeting was convened on March 22, 2013, to carry out the conversion exercise on the basis that WTK Realty was required by a bank to increase its paid-up capital as a condition to obtain a banking facility amounting to RM19 million.

The conversion exercise had resulted in Kie Nai’s family losing control of WTK Realty and reducing its shareholdings to 46.7% from 54.68%. Meanwhile, Kie Yik and Kie Chie and their respective families now control the remaining 53.2% of WTK Realty.

Kie Nai’s estate clarified that at the emergency board meeting, Kie Nai’s son Neil Wong Hou-Lianq had requested for more time to consider the offer.

It added that however, the board of WTK Realty, by a majority vote of three to two as Hou-Lianq and his sister Mimi Wong Hou Wai had objected, approved to accept the letter of offer which contained a special condition to increase the paid-up capital of WTK Realty.

“At the meeting, Kie Yik, as chairman of the board of WTK Realty, suggested to convert the CPS held by STIC to fulfill the special condition of increasing the paid-up capital of WTK Realty.

“An extraordinary general meeting (EGM) was then called to take place on April 6, 2016 to authorise the issuance of 2.75 million ordinary shares in WTK Realty to STIC and approve the conversion of the CPS,” said the estate.

The estate noted that despite several written requests by Kie Nai’s widow Kathryn Ma to postpone the EGM, she was not allowed to attend and vote at the EGM until and unless she is registered as a member of WTK Realty in respect of Kie Nai’s shares.

“In the absence of Ma, the members at the EGM, by a majority vote of two to one, voted in favour of authorising the issuance of ordinary shares in WTK Realty and approve the conversion of CPS. Haw Yeong (as proxy for Kie Yik) and Lim Cheng Bock (as proxy for Kie Chie) voted for the resolutions [while] Hou-Lianq dissented,” it said.

http://www.theedgemarkets.com/my/article/family-late-timber-tycoon-speaks-out-first-time

Maybulk already become stock goreng!

Start accumulate on this counter, limited downside!

Already made clarification, bought WTK 1.10