Forum : Stock: [WTK]: WTK HOLDINGS BHD

### 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:21 | Report Abuse

### WTK Logs output :

CPO Logs
Dec2018 = 1823 : 58,217 m3
Nov2019 = 1720 : 13,202 m3
Dec2019 = 1482 : 8,628 m3
Jan2020 = 1480 : 12,508 m3
Feb2020 = 1366 : 18, 465 m3
Mar2020 = 1460 : 12,273 m3
April2020 = 1512 : 10,433 m3
May2020 = 1452 : 14,612 m3

Note :

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q ended March ) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:22 | Report Abuse

## Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ....

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:24 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:26 | Report Abuse

FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Referring to FY20(1Q) : Plantation Revenue is 20,516,000 with Loss (3,807,000 ) (18.6 % )

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:27 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:28 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:30 | 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.

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:35 | 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 %

>>> renewal of Timber licenses will be Partially or ????

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:35 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:36 | Report Abuse

Below are the 15 countries that exported the highest dollar value worth of sawn wood during 2019.

1. Canada: US$6.4 billion (17.4% of sawn wood exports)
2. Russia: $4.5 billion (12.3%)
3. Sweden: $3 billion (8.3%)
4. United States: $2.8 billion (7.7%)
5. Germany: $2.3 billion (6.3%)
6. Finland: $1.9 billion (5.3%)
7. Austria: $1.6 billion (4.4%)
8. Thailand: $955.9 million (2.6%)
9. Malaysia: $814.6 million (2.2%)
10. Chile: $788.7 million (2.2%)
11. Latvia: $747.4 million (2%)
12. Brazil: $701 million (1.9%)
13. Ukraine: $619.5 million (1.7%)
14. Belgium: $606.3 million (1.7%)
15. New Zealand: $571.7 million (1.6%)

By value, the listed 15 countries shipped 77.4% of globally exported sawn wood in 2019.

Among the top exporters, the fastest-growing sawn wood exporters since 2015 were: Ukraine (up 71.5%), Brazil (up 53.9%), Russia (up 50%) and Germany (up 31.2%).

Five countries posted declines in their sales of exported sawn wood: United States (down -9.7%), Canada (down -8.1%), Chile (down -4.1%), New Zealand (down -2.4%) and Malaysia (down -0.4%

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:37 | Report Abuse

MTC 2019 :2020 Comparison of January- March Export of Major Timber Products in RM Million:

1. plywood : 858.5 -15.2 %
2. sawntimber : 670 -21.9 %
3. fibreboard : 225.2 -22.2 %
4. mouldings : 186.8 -17.0 %
5. logs : 152 - 17.8 %
6. veneer : 32.7 -35.2 %
7. wooden frame : 22.6 -30.7 %

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:39 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:40 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:42 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:43 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:44 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:44 | 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

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:44 | Report Abuse

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

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:47 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:48 |

Post removed.Why?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:50 | Report Abuse

Referred to audited FY19 annual report:

31.12.2019

a) Financial assets

Trade and other receivables 53,196,000

Cash and bank balances 383,160,000

total = 436,356,000

b) Financial liabilities

Loans and borrowings 236,862,000

Trade and other payables 64,188,000

Lease liabilities 7,222,000

total = 308,272,000

a) - b ) = 128,084,000

FY20 ( 1Q ) : Loss ( 19 .9 mil )
FY20 to pay balance new purchased Miri plantation 55 million .

Financial Assets = 128,084,000 - 19,900,000- 55,000,000 = 53,184,000

>>Let's see FY20 Q2 ended June will Loss how much ????

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:50 | Report Abuse

FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Referred to FY18 audited annual report , the Profit of 81.1 mil is from winding up of a subsidiary.

That means operations is at Loss from FY16 , FY17, FY18 , FY19... FY20 also ?

Mikecyc

45,537 posts

Posted by Mikecyc > 2020-07-11 21:52 | 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.

calvintaneng

55,477 posts

Posted by calvintaneng > 2020-07-12 05:46 | Report Abuse

April to June will be the hottest sales of

1) Loytape used in Ecommerce packaging boxes as Mco forced people shopping online

2) Distance spacing and floor marking tapes due to need for keeping distance of at least 3 feet to 6 feet apart

Revenue already Rm70 millions a year in normal time for tapes

Now it will skyrocket over Rm100 millions easily

Market Buzz

2024-08-06

Forum

1 New Comment

Featured Posts

MQ Trader

Introducing MY's First IPO Fund for Sophisticated Investors!

MQ Chat

New Update. Discover investment communities that resonate with your ideas

MQ Trader

M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a

Latest Videos