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12 comment(s). Last comment by calvintaneng 2020-06-12 19:34

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 09:40 | Report Abuse

Happily buying more on weakness this morning

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 11:44 | Report Abuse

3iii is so careless in telling lies

Tell lies also must check first

In Wtk latest annual report Dr Neoh is still in Top 30 holders of Wtk

Go see true or not

apolloang

18,163 posts

Posted by apolloang > 2020-06-12 11:46 | Report Abuse

25 years ago this company nama apa? pastor u know or not? hehe

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 12:01 | Report Abuse

Net cash was there all along

Last quarter losses are past and gone

Look to the bright future game changer

Game changer number one

Govt gives 10 to 15 years tax free incentive for foreign investment to set up new or buy old factories from Wtk realty to invest Rm300 millions to Rm500 millions

Game changer number two

Residential house, condo or factory building need plywood from Wtk

Game changer number three

Recent spat with India over. India one of biggest palm oil buyer from Malaysia


Game changer number four

Revenue from loytape already tens of millions before Covid 19 strikes

Now business will be brisk as many using Loytape produced by Wtk subsidiary for social distancing

All the engines of growth are now firing up

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-06-12 12:57 | Report Abuse

Loytape.... once owned by Tan Sri Loy, founder of MBF. Now his sons runs Taylor's College, and maybe MBF Finance.

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 16:38 | Report Abuse

3iii does not understand turnaround stocks like Sifu Peter Lynch which Dr. Neoh highly praised

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 16:40 | Report Abuse

Dr. Neoh and his number disciple my Johor Sifu both like Wtk

None of these Great Sifus are in bloated overvalued dlady like dumb 3iii

bulldog

12,157 posts

Posted by bulldog > 2020-06-12 17:33 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-06-12 18:59 | Report Abuse

Sohai 3iii need under stand the power of margin of safety mah...!!

Wtk NTA per share above Rm 2.00 & with huge net cash more than highflyer topgloves or dutch lady like calvin says is a very compelling buy mah....!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 12, 2020 12:14 PM | Report Abuse

>>>>>
Posted by calvintaneng > Jun 12, 2020 11:44 AM | Report Abuse

3iii is so careless in telling lies

Tell lies also must check first

In Wtk latest annual report Dr Neoh is still in Top 30 holders of Wtk

Go see true or not

Neoh Soon Kean maybe a happy owner of this stock in the past. If he is still holding this stock, he would probably have wished he sold it earlier.

The reason for buying into this stock in the past was obvious to me at least. It was generating good profit, good operating cash flow and good FCF. Also paying dividends. Probably good value for its price.

BUT its FUNDAMENTALS HAVE DETERIORATED SEVERELY THE LAST 2 YEARS. Therefore, my remarks that if Dr Neoh is still holding this stock, he would have wished he has sold it earlier.

As for your CASH of 380m +, please do a bit more digging. This company has short term and long term borrowings and its latest interest incurred for 2019 was $10 million.

calvin is promoting this stock for his own interest and never for others interest. Equating its cash in the company as better than Topglove is just the typical deceptive style of conman calvin.

calvintaneng

56,036 posts

Posted by calvintaneng > 2020-06-12 19:34 | Report Abuse

Very good latest news

Director bought 300,000 Wtk shares from open market at 37 sen

DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370



This is the highest amount and the highest price since March 10 the 2020

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