Posted by Mikecyc > 2020-07-12 23:50 |

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Posted by calvintaneng > 2020-07-12 23:52 | 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 23:55 | 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 > 2020-07-12 23:55 | 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 stockraider > 2020-07-12 23:57 |

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Posted by Mikecyc > 2020-07-13 06:11 |

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Posted by Mikecyc > 2020-07-13 06:12 | Report Abuse

just for 5000 investment...

Posted by stockraider > 2020-07-13 10:41 | Report Abuse

Wtk very steady loh...up already mah....momentum going to build up further mah...!!

Posted by bulldog > 2020-07-13 16:22 |

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Posted by May Chua > 2020-07-13 19:47 | Report Abuse

@mikecyc
So u keep shooting down stocks recommendation...what would u recommend? What track record u have?

Posted by Solomon7 > 2020-07-13 20:38 | Report Abuse

China flood would increase wood demand for rebuilding. Stay and observe.

Posted by tansoonyg > 2020-07-13 20:58 | Report Abuse

Steady up trend stock, 4 week ago from 0.35 to o,435 today closing, will touch 0.60 next month.

Posted by Akino Tok Tok > 2020-07-13 22:30 | Report Abuse

Yes, on the beat !

Posted by Mikecyc > 2020-07-14 05:36 |

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Posted by Mikecyc > 2020-07-14 05:37 | Report Abuse

On China flood , seems Thailand and Indonesia will be most benefited .

=======

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.

___________

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%)

Posted by Mikecyc > 2020-07-14 05:37 | Report Abuse

Malaysia palm oil price is at 651.58 USD/MT in June ,up from 573.88 in May , and up from 552.19 one year ago .This is a change of 13.54 % from May and 18.00% from one year ago .

=====

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 > 2020-07-14 05:39 |

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Posted by Mikecyc > 2020-07-14 05:41 |

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Posted by Mikecyc > 2020-07-14 05:43 | 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


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

Posted by Mikecyc > 2020-07-14 05:47 |

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Posted by stockraider > 2020-07-14 18:16 |

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Posted by sense84 > 2020-07-14 18:42 | Report Abuse

May Chua. Congratulations, for exposing this 'Tong Sampah/Bising' {TSB}-

@mikecyc
So u keep shooting down stocks recommendation...what would u recommend? What track record u have?

probably he can't respond or do so with some rubbish. If this guy owns or runs a company, it'll go bankrupt in no time. Anyway, don't waste time on such a Tong Sampah/Bising. Have seen his post in other forums, same rubbish.....

Posted by wlovem1314 > 2020-07-15 17:02 | Report Abuse

any link for the news? Thanks Solomon7 :)

Posted by bulldog > 2020-07-15 17:32 |

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Posted by stockraider > 2020-07-15 17:34 | Report Abuse

WTK ALREADY DOING WELL MAH...!!

START MOVING LOH...!!

Posted by bulldog > 2020-07-15 19:23 |

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Posted by Mikecyc > 2020-07-16 20:55 |

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Posted by Mikecyc > 2020-07-16 20:58 | Report Abuse

Still lower than beginning of 2020 ..406.1 USD per 1.000 board feet .

Posted by VenFx > 2020-07-16 22:42 | Report Abuse

Time to hoot ?

Posted by stockraider > 2020-07-16 22:46 | Report Abuse

IT ALREADY ABOVE USD 500 PER 1000 BOARD FEET...GO & CHECK YOUR FACT MAH.....!!

Posted by Mikecyc > Jul 16, 2020 8:55 PM | Report Abuse

Lumber decreased 52.10 USD/1000 board feet or 12.81% since the beginning of 2020, 354.60 USD/1000 board feet
according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.


Lumber is expected to trade at 332.30 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trader at 273.47 in 12 months time.

The lowest ard MCO time is about USD 250 ..


What is the current price of lumber?
16 /7/2020
Agriculture
Name Price Unit
Lumber 372.90 USD per 1.000 board feet



Posted by Mikecyc > Jul 16, 2020 8:58 PM | Report Abuse

Still lower than beginning of 2020 ..406.1 USD per 1.000 board feet .

Posted by stockraider > 2020-07-18 19:43 | Report Abuse

$$$$$$$$$$$$$$$$$$ profit coming loh...for wtk mah...!!

Posted by faizal > 2020-07-19 15:53 | Report Abuse

eunuch mike chong

Posted by Newbieinshare > 2020-07-19 18:06 | Report Abuse

Go for Jtiasa better. Jtiasa Rsawit TAANN WTK are all my hometown companies... personally perfer taann and jtiasa

Posted by Mikecyc > 2020-07-20 12:16 |

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Posted by Mikecyc > 2020-07-20 12:16 | 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 > 2020-07-20 12:18 | Report Abuse

And Jtiasa under RH group : more diversity of core business and more cooperate business activity...

Posted by Mikecyc > 2020-07-20 12:20 | Report Abuse

RH group also in ICT and Fiber optic business...

Posted by stockraider > 2020-07-20 12:23 |

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Posted by Mikecyc > 2020-07-20 13:34 |

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Posted by Mikecyc > 2020-07-20 13:36 | Report Abuse

But yesterday until today is actively posting thru midnight, 3.00 am , 7 am and so on ... is not happily retired oh ...

Posted by Mikecyc > 2020-07-20 13:39 |

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Posted by Mikecyc > 2020-07-20 13:40 |

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Posted by Newbieinshare > 2020-07-20 18:45 | Report Abuse

Go for jtiasa better. Jtiasa chart bullish

Posted by Newbieinshare > 2020-07-20 18:49 | Report Abuse

Calvin is another conman. I remember he buy call redtone last year. See what happen to redtone now. To add some point to mikecyc info. RH also controlling majority of chinese newspaper companies in Malaysia

Posted by bulldog > 2020-07-20 19:33 |

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Posted by Mikecyc > 2020-07-20 19:39 |

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Posted by Mikecyc > 2020-07-20 19:40 |

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Posted by Mikecyc > 2020-07-21 07:06 | Report Abuse

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 > 2020-07-21 07:06 | Report Abuse

## Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ...
June 2020 = 9,203 m3

From 58,217 m3 reduced to 9,203 m3 -- Scary

Posted by niet > 2020-07-22 16:16 | Report Abuse

Election coming soon to Sarawak.