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 |

Post removed.Why?

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 |

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?

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 |

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?

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 |

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?

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 |

Post removed.Why?

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 |

Post removed.Why?

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

Post removed.Why?