Posted by calvintaneng > 2021-10-13 00:27 | Report Abuse

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

https://sgx.i3investor.com/blogs/Jbhouseforsale/2021-04-16-story-h49501721-HOW_TO_GET_2_INDUSTRIAL_FREEHOLD_BUILDINGS_FOR_FREE_IN_SPORE_TAGORE_LANE_.jsp

Posted by BigPortfolio > 2021-10-13 01:26 | Report Abuse

bro where did u get cash and bank balance for 300M where audited report for 2020 is only showing 40m ?

Posted by calvintaneng > 2021-10-13 03:29 | Report Abuse

Big portfolio


Go see Bursa report of Wtk dated 26 August 2021

See under balance sheet

Scroll down to

Current assets

There you will SEE these

Cash and bank balances

Rm380,230,000

It is stated as

Cash and bank balances plainly (not under receivables )

That means it is CASH RECEIVED AND SAFELY BANKED IN

Posted by abang_misai > 2021-10-13 06:58 | Report Abuse

Professor Calvin is blinded when he has a position in this stock. Weak management seem not a problem for him.

Posted by stockraider > 2021-10-13 08:15 | Report Abuse

Lu tau boh ?

Wtk Very Safe Turnaround recovery play mah!

U check lah...Airasia going to bankrupt...what is the share price now leh ?

U compare lah...Airasia balance sheet v Wtk mah!

Then u know why wtk so good, like Sifu calvin said mah!



Posted by abang_misai > Oct 13, 2021 6:58 AM | Report Abuse

Professor Calvin is blinded when he has a position in this stock. Weak management seem not a problem for him.

Posted by Activetrader > 2021-10-13 10:12 | Report Abuse

where did the cash came from ya. suddenly surged to high. is it from any corporate exercise previously? Or private placemen things like that. 320m is huge man

Posted by stockraider > 2021-10-13 10:30 | Report Abuse

Collection of trade receivable mah!

Lu tau boh ?


Posted by Activetrader > Oct 13, 2021 10:12 AM | Report Abuse

where did the cash came from ya. suddenly surged to high. is it from any corporate exercise previously? Or private placemen things like that. 320m is huge man

Posted by Berlin > 2021-10-13 11:15 | Report Abuse

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.

Posted by stockraider > 2021-10-13 11:17 | Report Abuse

No more "if".....the latest qtr is profitable mah!


Posted by Berlin > Oct 13, 2021 11:15 AM | Report Abuse

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.

Posted by calvintaneng > 2021-10-13 11:32 | Report Abuse

Happy morning all

Posted by calvintaneng > 2021-10-13 12:43 | Report Abuse

WTK has a lot of hidden past wealth accumulated. And the Catalyst to further growth are also very apparent in High Palm oil & Lumber prices

See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-02-story-h1591849125-What_is_the_difference_between_Past_Wealth_Present_Wealth_Future_Wealth.jsp

Posted by calvintaneng > 2021-10-13 13:33 | Report Abuse

For one decade WTK every year rewards shareholders with dividends

See

15-Jun-2021 30-Jun-2021 DIVIDEND Final Dividend RM 0.0100 Dividend Detail
13-Aug-2020 28-Aug-2020 DIVIDEND Final Dividend RM 0.0100 Dividend Detail
14-Jun-2019 28-Jun-2019 DIVIDEND Final Dividend RM 0.015 Dividend Detail
26-Jun-2018 10-Jul-2018 DIVIDEND Final Dividend RM 0.01 Dividend Detail
26-May-2017 08-Jun-2017 DIVIDEND Final Dividend RM 0.02 Dividend Detail
03-Jun-2016 17-Jun-2016 DIVIDEND Final Dividend 4.98% Dividend Detail
26-Jun-2015 10-Jul-2015 DIVIDEND Final Dividend 3.6600% Dividend Detail
27-Jun-2014 11-Jul-2014 DIVIDEND Final Dividend 5.04% Dividend Detail
28-Jun-2013 12-Jul-2013 DIVIDEND Final Dividend 5.6% Dividend Detail
28-Jun-2012 12-Jul-2012 DIVIDEND Final Dividend 8.5% Dividend Detail
28-Jun-2011 13-Jul-2011 DIVIDEND Final Dividend 6% Dividend Detail
25-Jun-2010 14-Jul-2010 DIVIDEND Final Dividend 6% Dividend Detail

Posted by gladiator > 2021-10-13 14:11 | Report Abuse

If WTK cannot make profit in high CPO price can ask them close shop already. Follow by Rsawit and TDM. Better buy Cepat or MHC for small cap plantation play confirm big profit coming.

Posted by calvintaneng > 2021-10-13 16:43 | Report Abuse

I already bought Cepat & Mhc Plant

Sold off Cepat & some Mhc Plant (Mhc Plant bought at only 58 sen & they gave 4 sen dividend) Now Mhc Plant over Rm1.00 only then people turn bullish? That is too late

For WTK there is good profit from Palm oil but still a small loss from timber.

That is why in 3, 6 or 9 months' time when Cpo prices continue to power up WTK will shine

If WTK wants to make Balance sheet looks positive it can just REVALUE 2 SPORE INDUSTRIAL PROPERTIES & BOOK THEM AS PROFITS. That is what so many others did. They just revalue assets & book them as profits.

Posted by stockraider > 2021-10-13 16:45 | Report Abuse

The coming qtr palmoil div make alot of profit

The timber will also make a modest sharp rebound in profit mah!


Posted by calvintaneng > Oct 13, 2021 4:43 PM | Report Abuse

I already bought Cepat & Mhc Plant

Sold off Cepat & some Mhc Plant (Mhc Plant bought at only 58 sen & they gave 4 sen dividend) Now Mhc Plant over Rm1.00 only then people turn bullish? That is too late

For WTK there is good profit from Palm oil but still a small loss from timber.

That is why in 3, 6 or 9 months' time when Cpo prices continue to power up WTK will shine

If WTK wants to make Balance sheet looks positive it can just REVALUE 2 SPORE INDUSTRIAL PROPERTIES & BOOK THEM AS PROFITS. That is what so many others did. They just revalue assets & book them as profits.

Posted by stockraider > 2021-10-13 16:47 | Report Abuse

Btw Wtk balance sheet is strong mah!

Just that its profit turnaround need to come soon to give positive vibes loh!

Posted by calvintaneng > 2021-10-13 17:05 | Report Abuse

Very true

If you are a serious share holder of WTK then

Call Francis Lai the CFO of WTK

He will give you a clear picture WTK Accounts are sound

See

https://www.klsescreener.com/v2/announcements/view/63202

Posted by Diamond7 > 2021-10-13 19:25 | Report Abuse

Buy more lor...
Good luck!!!

Posted by TheContrarian > 2021-10-13 19:56 | Report Abuse

Why is the cash hoard so high at over RM300 million?

Posted by calvintaneng > 2021-10-13 20:43 | Report Abuse

Why Cash Hoard so High over Rm300 Millions?

That is a good question

I live in a modest place in Singapore called Jurong West. From time to time I see billionaires come to Singapore with their Billions to park their Cash in Spore Banks for safety.

I saw James Dyson bought very expensive High Rise Condo to park his wealth here
Also Jim Rogers & Others Billionaires have all come here just to hoard their cash in safety

So I think WTK Management want utmost safety.

But they just bought a discounted distress sale of palm oil estate from RSawit

In that case they are on the look out for bargains

So hopefully over a longer term they will unlock value for share holders

Posted by kelvin61 > 2021-10-13 21:14 | Report Abuse

It is true that WTK is a GEM. A well managed family run company. Apart from what is said above by calvintaneng, its Retained Earnings as at 30 June 2021 is still at RM 495 mil. What it means is that it's accumulated profits over the years is still substantial after deducting losses suffered these past few years due to low timber prices and CPO prices only starting to rise from 2020. I have been collecting this stock regularly at between 40 - 45 sen. Happy investing to all, cheers.

Posted by risktoreward > 2021-10-13 21:16 | Report Abuse

All my idols are here, I must research WTK

Posted by Fabien _the efficient capital allocator > 2021-10-13 22:53 | Report Abuse

historically, Malaysian plantation average EV/ha is about $26,000 (based on actual transactions)

almost all plantation companies are being valued at depressed valuations notwithstanding the high CPO prices, thanks to ESG issues

Posted by calvintaneng > 2021-10-14 02:21 | Report Abuse

ESG is invented by USA to protect its Soybean oil & by EU to protect it canola oil due to being unable to compete with Palm oil.

ESG should apply to USA for exporting cigarettes and weapons of war that cause cancer & kill people

In any case ESG is of little consequence to China (1.4 Billion consumers of palm oil) & India's 1.35 Billion Consumers as well

See this

India slashes import taxes on palm oil as retail cooking oil prices remain high (Diwali on November 14 Spurs Demand, Calvin Tan)

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-14-story-h1592054685-India_slashes_import_taxes_on_palm_oil_as_retail_cooking_oil_prices_rem.jsp

Posted by king36 > 2021-10-14 05:25 | Report Abuse

Same as TalamT recommended by C Tang.
Got stuck for years and still waiting to see light at the end of the tunnel......



Posted by abang_misai > Oct 13, 2021 6:58 AM | Report Abuse

Professor Calvin is blinded when he has a position in this stock. Weak management seem not a problem for him.

Posted by calvintaneng > 2021-10-14 05:37 | Report Abuse

Talam?
Talam so bombed out Calvin quietly added some at 2.5 sen

Listen!
Opcom was also bombed out below 30 sen on March 2020. Full of naysayers then. Now Opcom up 500% over Rm1.50 where are all the naysayers ?

So Calvin expect to see more than 100% profit from Wtk

Posted by abang_misai > 2021-10-14 05:39 | Report Abuse

Professor Calvin sudah siow. Talam pun dia beli

Posted by calvintaneng > 2021-10-14 05:40 | Report Abuse

Abang_misai also thought Calvin wrong to buy Kpower because he said Kpower secretary resigned ?


See how Kpower rebounded and Calvin has the last laugh

So will be Wtk

One day it will perform like Thplant or Opcom

Posted by abang_misai > 2021-10-14 07:20 | Report Abuse

I don't want to put the money where managements raise more questions than answers.

Posted by calvintaneng > 2021-10-14 16:46 | Report Abuse

Abang_misai

If you want a very well managed and honest company then go buy

TA ANN

1st Class Honest Management

Posted by stockraider > 2021-10-14 16:55 | Report Abuse

Yes correct loh!

The best company in sarawak loh!

Posted by calvintaneng > Oct 14, 2021 4:46 PM | Report Abuse

Abang_misai

If you want a very well managed and honest company then go buy

TA ANN

1st Class Honest Management

Posted by calvintaneng > 2021-10-22 13:31 | Report Abuse

Nylex was 50 sen and NTA Rm1.70
Now near Rm1.30

Wtk 50.5 sen
NTA also Rm1.70

So will WTK follow Nylex cross Rm1.20 one day?