Posted by Mikecyc > 2020-07-10 06:47 |

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Posted by Mikecyc > 2020-07-10 06:47 |

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Posted by Mikecyc > 2020-07-10 06:48 |

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Posted by Mikecyc > 2020-07-10 06:49 |

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Posted by Mikecyc > 2020-07-10 06:50 |

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Posted by Mikecyc > 2020-07-10 06:50 |

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Posted by Mikecyc > 2020-07-10 06:51 |

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Posted by Mikecyc > 2020-07-10 06:51 |

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Posted by Mikecyc > 2020-07-10 06:52 |

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Posted by Mikecyc > 2020-07-10 06:53 |

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Posted by Mikecyc > 2020-07-10 06:53 |

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Posted by mf > 2020-07-10 06:56 | Report Abuse

Korban COVID-19 di seluruh dunia meningkat 5,000 kes dalam tempoh 24 jam
Astro Awani | Diterbitkan pada Julai 10, 2020 06:19 +08 | Durasi: 33 saat

Posted by Mikecyc > 2020-07-11 21:20 |

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Posted by Mikecyc > 2020-07-11 21:20 |

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Posted by Mikecyc > 2020-07-11 21:20 | Report Abuse

### 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

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 ???

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

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

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

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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 % )

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

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

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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.

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 ????

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

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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%

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 %

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

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

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

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

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

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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

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

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

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

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

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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 ????

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 ?

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.

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

Posted by tansoonyg > 2020-07-12 07:14 | Report Abuse

Sarawak state election is coming soon, Sarawak base WTK will go higher .

Posted by Mikecyc > 2020-07-12 14:37 | Report Abuse

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 > 2020-07-12 14:38 | 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 > 2020-07-12 14:39 | Report Abuse

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 stockraider > 2020-07-12 17:09 | Report Abuse

Why buying into WTK is napshot leh ??

JUST IMAGINE EVERYDAY WTK UP 0.5 TO 1 SEN....WITHIN 1 MONTH THE SHARE PRICE CAN DOUBLE TO 70 SEN MAH...!!

THIS IS NOT IMPOSSIBLE MAH...AS WTK IS HIGHLY UNDERVALUE WITH HUGE MARGIN OF SAFETY MAH...!!

Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!!
To recap this are the very compelling points to buy wtk :

Wtk share price creeping up mah...!!
MUST JUMP IN VERY EARLY LOH...!!

In a nutshell u cannot go wrong investing in WTK why ??

1. It has net cash of Rm 371m even more than topgloves
2. It has more prudent acquisition on its neighbour plantation increasing its ha size and most importantly enhancing its efficiency mah....!!
3. The palmoil price has started rising.
4. The timber price has stabilise & recovery
5. Its listed tape business under listed subsidiary CIC is doing well with covid19 social distancing.
6. Govt incentive on house buying will boost demand for plywood loh..!!
7. Most importantly the CEO of WTK has started buying a positive vote of confidence mah...!!
8. The company has been doing aggressive share buy back recently.
9. Wtk has declare a dividend of 1 sen giving a 3% pa dividend yield.
10. Its NTA is more than rm 2.00 loh....!!

Yes buy Wtk for its future cpo increasing output due to palm trees maturity plus increase hectarage and increase in price, and also please remember there is a palm oil mill too...which wtk can benefit efficiently too.

correctloh....that means WTK palm 5 to 8 years old which are young & increasing maturity has potential high growing future output mah....!!
palm tree generally takes 4-6 years, when it start to grow from seed to its highest at around 10 years old.

That means wtk benefits from increasing palm output plus increase in milling profit mah...!!

A double happiness profit for wtk mah...!!
If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!

U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!

The director is willing to buy 37 sen and now it is 36.5 sen it is a bargain buy mah...!!

This is a good indicator to buy & buy more loh...!!

Posted by calvintaneng > Jun 12, 2020 7:32 PM | 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

Posted by Mikecyc > 2020-07-12 19:51 |

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Posted by Mikecyc > 2020-07-12 19:53 | Report Abuse

see you said the Boss acquired shares on 11/6/2020 , mine updated until 30/6/2020.

Posted by Mikecyc > 2020-07-12 19:54 | Report Abuse

why so scare until to do flag delete...

Posted by Mikecyc > 2020-07-12 19:54 |

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Posted by calvintaneng > 2020-07-12 21:32 | Report Abuse

DIRECTORS BUYING ARE UNMISTAKABLE GOOD SIGNS TIMES ARE GETTING BETTER FOR WTK

RM1.00 TARGET PRICE IN SIGHT

JUST BUY WHILE CHEAP!!

DATO' SRI PATRICK WONG HAW YEONG 29-Jun-2020 Acquired 220,000 0.397 View Detail
DATO' SRI PATRICK WONG HAW YEONG 26-Jun-2020 Acquired 100,000 0.407 View Detail
DATO' SRI PATRICK WONG HAW YEONG 23-Jun-2020 Acquired 236,100 0.393 View Detail
DATO' SRI PATRICK WONG HAW YEONG 22-Jun-2020 Acquired 35,000 0.385 View Detail
DATO' SRI PATRICK WONG HAW YEONG 18-Jun-2020 Acquired 39,700 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Jun-2020 Acquired 200,000 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 12-Jun-2020 Acquired 235,200 0.346 View Detail
MR LIM HONG HIN 12-Jun-2020 Acquired 30,000 0.345

Posted by Mikecyc > 2020-07-12 23:49 |

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