Posted by Mikecyc > 2020-06-30 10:31 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 10:32 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 10:32 | Report Abuse

Referred to audited FY19 annual report:

Timber Rights :

The group has timber licenses and the rights to timber licenses . The licences will expire in year 2021 and 2022 .


FY19 revenue: 589,744,000

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

CPO n Kernel : 49,484,000 : 8.39 %

Fruit bunches : 19,833,000 : 3.36 %

Posted by Mikecyc > 2020-06-30 10:33 | Report Abuse

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

Posted by Mikecyc > 2020-06-30 10:33 | Report Abuse

LoyTape only is 6 % ?????

Posted by Mikecyc > 2020-06-30 10:34 | Report Abuse

Q2 : April to June will be worst due to MCO , CMCO , RMCO . Housing loan and vehicle loan payment is postponed until September2020 . Wait for the 2nd Q GDP result.

Posted by Mikecyc > 2020-06-30 10:34 | Report Abuse

Sarawak losing wood market share to Indonesia, WTK says

BUSINESS
Tuesday, 09 Jun 2020


KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries.
According to WTK HOLDINGS BHD

, Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.

Posted by Mikecyc > 2020-06-30 10:35 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 10:36 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 10:36 | Report Abuse

India is traditional key importer of Sarawak round logs and lumber products for decades.According to WTK, all woodworking industries in India have stopped operations due to the lockdown measures to manage the pandemic.
On its plywood business, WTK said its revenue had dropped by 11% in 1Q2020 from a year ago as the average selling prices of plywood products had declined about 15% during the same period due to price competition from Indonesian and Japanese plywood producers.

Posted by Mikecyc > 2020-06-30 10:36 | Report Abuse

Japan market demand is reduced significantly as Olympics 2020 infrastructure and facilities is done .

Posted by calvintaneng > 2020-06-30 10:43 | Report Abuse

Wtk - walau terbang ke-langit

Posted by Mikecyc > 2020-06-30 11:26 |

Post removed.Why?

Posted by Abba84 > 2020-06-30 13:27 | Report Abuse

Not much to read on wtk .tday.; howver hopeful we are... wtk kept' losing friends' and mking more enemies instead!

Posted by stockraider > 2020-06-30 14:58 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 15:20 |

Post removed.Why?

Posted by bulldog > 2020-06-30 15:29 |

Post removed.Why?

Posted by zhang > 2020-06-30 16:33 | Report Abuse

Mikecyc wtk can drop to what price ?

Posted by bulldog > 2020-06-30 17:02 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 17:02 |

Post removed.Why?

Posted by bulldog > 2020-06-30 17:40 |

Post removed.Why?

Posted by bulldog > 2020-06-30 17:41 |

Post removed.Why?

Posted by calvintaneng > 2020-06-30 18:55 | Report Abuse

18 to 14
4.6 millions to 5 millions

Neoh Choo Ee and Co latest

Posted by calvintaneng > 2020-06-30 19:00 | Report Abuse

Annual Report of 2019 Wtk just out

Grand Master Champion Sifu Dr Neoh Soon Kean has now increased his Top 30 holdings of Wtk from 18th position to Top 14th position

His total for year 2018 was 4.6 million shares

Now is 5 million shares!!

This is a demonstration of his acuement in finding this hidden gem called WTK

Wtk = walau terbang ke-langit

Posted by bulldog > 2020-06-30 19:06 |

Post removed.Why?

Posted by liang408 > 2020-06-30 20:08 | Report Abuse

Hey guy, u all not enough geng to promote wtk leh. I bought so many day still same price. Really omg

Posted by yfchong > 2020-06-30 20:35 | Report Abuse

Boss keep on buying

Posted by Mikecyc > 2020-06-30 20:42 | Report Abuse

FY19 audited annual report:

LoyTape sales is down :

Tapes Division (Manufacturing and Trading)

The division registered a revenue of RM66.0 million in financial year ended 31 December 2019 as compared to RM67.9 million in the preceding year, a decrease of RM1.9 million or 3%, mainly due to reduction in domestic sales revenue as a result of price competition from local competitors. Accordingly, the performance of the Group’s tapes division for the current nancial year was lower as compared to financial year ended 31 December 2018.

Posted by Mikecyc > 2020-06-30 20:45 | Report Abuse

Gearing Ratio : 0.786

As at 31 December 2019, the Group had cash and bank balances of RM383.2 million (2018: RM384.2 million), whilst bank borrowings and payables amounted to RM301.1 million (2018: RM331.5 million). Accordingly, the Group recorded a positive net cash position as at 31 December 2019.

Posted by calvintaneng > 2020-06-30 21:55 | Report Abuse

Just buy while cheap

This year since Boss keep up buying after one insider totally sold out and left we might see some corporate action like

1. Giving out bonus issues
2. Giving out free warrants
3. Resume paying a nice dividend

Boss and Sbb in continual actions could be foretelling some great things coming for Wtk

Posted by stockraider > 2020-06-30 22:29 | Report Abuse

Raider strongly support sifu calvin's finding loh....!!

Posted by calvintaneng > Jun 30, 2020 9:55 PM | Report Abuse

Just buy while cheap

This year since Boss keep up buying after one insider totally sold out and left we might see some corporate action like

1. Giving out bonus issues
2. Giving out free warrants
3. Resume paying a nice dividend

Boss and Sbb in continual actions could be foretelling some great things coming for Wtk

Posted by stockraider > 2020-06-30 22:31 | Report Abuse

buy the land as plantation at reasonable cheap price but in 15 years time this land can be integrated into Miri district bcos of its close proximity mah...!!

Just like sepang, putrajaya, puchong & rawang are integrated to Klang valley loh...!!

At the mean time u just enjoy the fruits of palm oil harvest mah..!!

Think strategic for wtk loh...!!

1. It has Rm 377m cash more than topgloves.
2. Its plantation land very valuable quite close to MIRI which a long term realty opportunity mah...!!
3. Its palm plantation is young with increasing maturity meaning going yield & maturity every year mah...!!
4. It has big timber hectare ...that can put to good use when timber price improve loh...!!
5. It hold cic or loytape which is listed & which involve with covid19 special distancing marking mah...!!
6. The directors now are buying wtk mah...!!

Most importantly at 37 sen....wtk is a cash rich screaming undervalue buy with very big margin of safety mah...!!

It is surewin...pls do not missed this golden opportunity mah...!!

Remember Samlimg reclamation land cost is very much expensive than plantation land cost mah....!!

Posted by Solomon7 > 2020-06-30 23:00 | Report Abuse

If the family feud can be resolved soonest, it would not be sitting at this price. Nonetheless, they just need to be careful of vultures.

Another fact, the company can attract some Canadian govt fund as top 30 shareholders, I would assume certain investment criteria have been made.

Posted by bulldog > 2020-06-30 23:24 |

Post removed.Why?

Posted by bulldog > 2020-06-30 23:26 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 23:41 |

Post removed.Why?

Posted by Mikecyc > 2020-06-30 23:49 |

Post removed.Why?

Posted by calvintaneng > 2020-07-01 00:00 | Report Abuse

Direct (units) 4,821,000

At least CEO just bought 4.8 MILLIONS GREAT WTK SHARES!!

mikecyc has only the pokai zelan

See

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-02-07-story-h1483082239-NETX_VERSUS_DLADY_ZELAN_BENALEC_AS_ILUSTRATED_BY_CLEAR_EXAMPLES_Calvin_.jsp

Posted by bulldog > 2020-07-01 00:23 |

Post removed.Why?

Posted by bulldog > 2020-07-01 00:32 |

Post removed.Why?

Posted by bulldog > 2020-07-01 04:17 |

Post removed.Why?

Posted by bulldog > 2020-07-01 09:41 |

Post removed.Why?

Posted by bulldog > 2020-07-01 09:42 |

Post removed.Why?

Posted by bulldog > 2020-07-01 11:42 |

Post removed.Why?

Posted by bulldog > 2020-07-01 11:42 |

Post removed.Why?

Posted by bulldog > 2020-07-01 11:54 |

Post removed.Why?

Posted by bulldog > 2020-07-01 11:55 |

Post removed.Why?

Posted by bulldog > 2020-07-01 11:57 |

Post removed.Why?

Posted by bulldog > 2020-07-01 12:00 |

Post removed.Why?

Posted by stockraider > 2020-07-01 12:00 | Report Abuse

Correctloh...if the owner & insider....is buying, it is likely be surewin mah....!!

The insiders are not stupid to simply buy buy loh....they are very knowledgeable mah...!!

Just follow buy loh...!!


Posted by bulldog > Jul 1, 2020 11:57 AM | Report Abuse

Bye bye naysayers....3 stooges chicken out chicken chop chicken soup donkey monkey MHC promoter tp18 already shy away and hiding in plantation jungle

Huat chaiii