WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.48

Today's Change

0.00 (0.00%)

Day's Change

0.48 - 0.48

Trading Volume

40,000


17 people like this.

6,236 comment(s). Last comment by yfchong 3 days ago

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-21 10:57 | Report Abuse

Upcoming dividend yield is 2.7%, not 1.5%

Berlin

125 posts

Posted by Berlin > 2022-04-21 11:15 | Report Abuse

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.

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-21 11:18 | Report Abuse

It's just a matter of time =)

stockraider

30,111 posts

Posted by stockraider > 2022-04-21 11:40 | Report Abuse

Btw....the latest Dec qtr of Wtk......the palmoil segment make Rm 10m profit loh!

Diamond7

1,955 posts

Posted by Diamond7 > 2022-04-21 16:02 | Report Abuse

Break resistance level liao...
Strong...very strong!
Hope go beyond 80 cents!

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-21 16:41 | Report Abuse

Broke below the $1 in 2017 & since then has never even gone back decisively above the 2009 lows. Many big holders gave up already, incl MD of Eupe who once held over 8 mil shrs. While waiting for the mkt to turn into a weighing machine once again, I keep collecting cash from the WTK trea$$$ury to offset all the trading commissions.

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-21 16:48 | Report Abuse

Same strategy as Oriental, in which I held my first shares bought even longer...since 2013! In paper losses since the day I bought but after averaging down assiduously, now the mkt is weighing Orient more fairly & I reap my reward while collecting satisfying cash from their kitty =)

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-22 16:37 | Report Abuse

Bought more @ 53.5c. Taking advantage of poor speculators inability/unwillingness to pick up & hold =)

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-22 18:22 | Report Abuse

Plantation segment from <1m per qtr in '14 to 2.7m per qtr in '15 to 48m in the latest qtr. Soon the CPO profits will swamp over & more than compensate for losses in timber segment which has shrunk 75% since before corona due to co. scaling down because of greed of Sarawak govt imposing huge increases on levies. Sale for limited time only. Plus co. benefits from US$ strengthening agst RM.

stockraider

30,111 posts

Posted by stockraider > 2022-04-24 08:09 | Report Abuse

emember stick to good stocks which has only malaysian plantation exposure which are not affected by export ban which are;

1. Cepat
2. Hapseng
3. Kmloong
4. MHC
5. Taann
6. swkplant
7. Wtk
8. Bplant

stockraider

30,111 posts

Posted by stockraider > 2022-04-24 11:08 | Report Abuse

Ok to give u a good picture on palmoil ban by indonesia;

Indonesia producer can only sell domestically at Rm 3500 to Rm 4500 loh!
Their production cost is Rm 1500 to Rm 2000 loh!
Still making good profit but much less loh!

Msia producer can sell Rm 6500 to Rm 7500 mah!
Msian producers cost at Rm 2000 to Rm 2400, can make super abnormal profit loh!

soon9913

1,559 posts

Posted by soon9913 > 2022-04-24 20:48 | Report Abuse

anyone can explain why this Co still making loss even timber and palm oil is so high?

soon9913

1,559 posts

Posted by soon9913 > 2022-04-24 20:49 | Report Abuse

even reading the future prospect, the management mention it will be challenging environment

soon9913

1,559 posts

Posted by soon9913 > 2022-04-24 20:49 | Report Abuse

is this company mis managed?

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-25 09:43 | Report Abuse

I'm patient...anyway the stock is only less than 3 ticks away from my breakeven point.

Berlin

125 posts

Posted by Berlin > 2022-04-25 09:52 | Report Abuse

@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.

dompeilee

11,170 posts

Posted by dompeilee > 2022-04-25 10:27 | Report Abuse

I totally agree....have been holding my latest repurchases of WTK since mid-2016 & averaging down every year when it came close to ex-dividend date. Oriental made me wait even longer(since late 2013) BUT the DELICIOUSNESS when my holdings turn from long paper losses into paper gains!

stockraider

30,111 posts

Posted by stockraider > 2022-04-25 12:51 | Report Abuse

Correctloh.....Cpo cash mkt up more than Rm 500 to more than Rm 7400 loh!

The future july up more than Rm 380 to more than Rm 6700 mah!

Very bullish price upgrade mah!

Big profit coming loh!

stockraider

30,111 posts

Posted by stockraider > 2022-04-25 13:23 | Report Abuse

Very Hot Loh!
Average CPO prices below:

Now July22 fut 6754
Q1 2022 6,197

Q4 2021 5,194
Q3 2021 4,466
Q2 2021 4,195
Q1 2021 3,938

Q4 2020 3,401
Q3 2020 2,783
Q2 2020 2,301
Q1 2020 2,673

Q4 2019 2,522
Q3 2019 2,053
Q2 2019 2,008
Q1 2019 2,089

Berlin

125 posts

Posted by Berlin > 2022-04-27 09:10 | Report Abuse

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

11,170 posts

Posted by dompeilee > 2022-04-27 17:18 | Report Abuse

This is for value investors, not action junkies....action junkies pls file your way to Genting baccarat tables...the tahiboss really want to su(k your $$$ lol

kl_guy

1,032 posts

Posted by kl_guy > 2022-05-04 09:43 | Report Abuse

WTK is worth holding till Aug report out . Aug report will show wonderful earning with current CPO price. I'm holding it till Aug .

stockraider

30,111 posts

Posted by stockraider > 2022-05-04 11:15 | Report Abuse

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

dompeilee

11,170 posts

Posted by dompeilee > 2022-05-04 20:21 | Report Abuse

If timber segment continues to shrink, plantation profit should overtake timber losses as soon as the upcoming qtr report, with the CPO spike being encapsulated in 1Q. If disappointing, hold for another year lor...already held my shares for 6 years, what's one more year?lol

dompeilee

11,170 posts

Posted by dompeilee > 2022-05-04 20:44 | Report Abuse

Already earned over $1000 in dividends since trading in & out of WTK from 2012-2016 & re-purchasing my SOLD ALL in Jan '16(got out very close to the $1.55 high) shrs in mid-'16 & increasing my stake exponentially from '17 till now.

dompeilee

11,170 posts

Posted by dompeilee > 2022-05-05 09:24 | Report Abuse

Aiyo...no opportunity to buy more with the price refusing to weaken...how?

stockraider

30,111 posts

Posted by stockraider > 2022-05-05 09:43 | Report Abuse

Double up mah!

Posted by MuttsInvestor > 2022-05-05 11:35 | Report Abuse

HIGH volume for last 7 trading days . Why ?

Berlin

125 posts

Posted by Berlin > 2022-05-05 12:12 | Report Abuse

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.

Berlin

125 posts

Posted by Berlin > 2022-05-13 09:05 | Report Abuse

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.

yfchong

5,336 posts

Posted by yfchong > 2022-05-26 23:04 | Report Abuse

All brought down by timber segment

yfchong

5,336 posts

Posted by yfchong > 2022-05-29 08:22 | Report Abuse

Dun know what contributes to timber segment poor performance..

Berlin

125 posts

Posted by Berlin > 2022-08-18 16:26 | Report Abuse

At long last WTK shows some promise; moving back above 50 sen today after director Wong Chie Kie of Fortescue fame bought some 5 million shares in July and company recommences share buyback. Wong, resident in Australia, became a billionaire following his phenomenal investment in Fortescue Metals where the penny stock in 2003 now trades at A$19.

yfchong

5,336 posts

Posted by yfchong > 2022-08-25 22:01 | Report Abuse

Timber still in red leh

Berlin

125 posts

Posted by Berlin > 2022-08-26 07:31 | Report Abuse

Still a good recovery play. Timber division losses are decreasing. Palm oil plantation is good. Manufacturing is holding up well. Purchase of new frozen foods business turned out to be a small windfall. Controlling shareholders show faith in company's prospects. Possibly family feud is resolved with Wong Kie Yik/Wong Chie Kie side prevailing since they purchased more shares in the market.

yfchong

5,336 posts

Posted by yfchong > 2022-08-27 14:19 | Report Abuse

Sudah settle push up lar 1.35

dompeilee

11,170 posts

Posted by dompeilee > 2 months ago | Report Abuse

A single individual has mopped up 8.153 mil shrs in the last 3 mths

anthonytkh

1,676 posts

Posted by anthonytkh > 2 months ago | Report Abuse

Domp, it’s a solid company. Spoke with their CFO before. Plennyo assets and cash. Tight shareholdings, however, may be a hurdle for share price movements

dompeilee

11,170 posts

Posted by dompeilee > 2 months ago | Report Abuse

Another 843k shares bought

yfchong

5,336 posts

Posted by yfchong > 2 months ago | Report Abuse

Still timber n log

Nepo

2,620 posts

Posted by Nepo > 2 months ago | Report Abuse

Badly managed company
Sell

yfchong

5,336 posts

Posted by yfchong > 1 month ago | Report Abuse

Ada chance to get below 0.48 ticket

charlie chia

1,991 posts

Posted by charlie chia > 1 month ago | Report Abuse

Directors keep on collecting

Michael Kwok

4,933 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Sell on strength wtk.price 50 cents
9/10/2022 8.22pm

Icon 888

1,699 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Crisis on the way.. keep bullet ya

VTrade

2,349 posts

Posted by VTrade > 1 month ago | Report Abuse

Keep bullet for…..

Berlin

125 posts

Posted by Berlin > 1 month ago | Report Abuse

Good that WTK is deploying its cash to acquire more palm oil plantation but have reservations about it being a RPT. Generally don't trust RPTs as a matter of principle. Need to study IA report in detail when out as to which way to vote.

dompeilee

11,170 posts

Posted by dompeilee > 1 month ago | Report Abuse

At least we know that the cash reported on the balance sheet is 100% legitimately there lol

dompeilee

11,170 posts

Posted by dompeilee > 1 month ago | Report Abuse

Unlike 1MDB & certain agencies linked to the m'sian mis-government

yfchong

5,336 posts

Posted by yfchong > 3 days ago | Report Abuse

How come plantation segment not performing well. susah ini macam

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