Depressed market conditions and prices of timber products very unfavarable quote in the QR , The world lumber price was record high. May i know what is going wrong with malaysia timber export ? Due to geography limitation ? Goverment intervention or any other factor i missed out ? some said economy of scale shrink? some said cannot compete with indonesia plywood timber? any master sifu can enlighten me ?
Sarawakian government is killing the logging industry. The authority tightened logging rules and imposed high royalties until all the three listed companies, TaAnn, WTK and Jtiasa registered huge losses for their logging activities for the last 2 years.
ALWAYS REMEMBER WHAT THE INSIDERS ARE DOING ARE VERY IMPORTANT IN YOUR STOCK SELECTION ARE VERY IMPORTANT LOH!!
WTK HAS POSITIVE VIBES LOH!
Changes in Director's Interest (Section 219 of CA 2016)
WTK HOLDINGS BERHAD
Information Compiled By KLSE
Particulars of Director
Name DATO' SRI PATRICK WONG HAW YEONG Descriptions(Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of transaction
Nature of Interest
1 10/03/2021
115,000
Acquired
Direct Interest
Name of registered holder Dato' Sri Patrick Wong Haw Yeong Description of "Others" Type of Transaction Consideration (if any) RM0.435 per share
Circumstances by reason of which change has occurred Acquisition of shares in the open market
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 8,349,900 Direct (%) 1.775 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 11/03/2021 Date notice received by Listed Issuer 11/03/2021
Remarks : The above Notice of Changes in Director's Interest pursuant to Section 219 of Companies Act 2016 dated 11 March 2021 was received by W T K Holdings Berhad ("WTK") on 11 March 2021. The above percentage is calculated based on the total number of WTK shares in issue net of 11,116,800 treasury shares held as at 11 March 2021.
Announcement Info
Company Name WTK HOLDINGS BERHAD Stock Name WTK Date Announced 11 Mar 2021 Category Changes in Director's Interest Pursuant to Section 219 of CA 2016 Reference Number CS4-11032021-00006
@calvintaneng Wtk Calvin thanks for sharing the wtk I agreed wtk is the cheapest plantation. But calvin are you still like Insas I buy a lot insan recently at 85sen Insas 85sen are you still like Insas as I know you promote insas before Insas is one of my favourite also
I just find out berjaya up so many . Because I long time no follow berjaya group and I recently busy to focus on glove and plantation company while still cheap enough. Just hope those earn money on berjaya group can say thank you to Calvintaneng because Calvi n always generous to share what he know AND CALVIN ALWAYS RECOMMEND SUPER UNDERVALUED GOOD COMPANY LIKE berjaya bjland Wtk insas Mhc and asiapac also I actually buy wtk after Calvin recommended and Calvi recommend some time need keep and hold will up one example Asiapac I buy 10sen and average down on mco the sold at 17sen about 70% profit Thanks for Calvin research on Asiapac last time Asiapc is very undervalue And thanks Calvin for the free research o n Asiapc last time I buy Asiapc because is very undervalue
Jannke suspects that, last year, demand for lumber in the US was between 52 and 55 billion board feet, still far below the peak of 2005. In an ordinary year, those needs would have been easily met. But the combination of the pandemic and the shrunken capacity of British Columbian production have muffled supply.
“I think prices will be volatile, but they’ll continue to be high for the next three or four or five years,” Mason says. “You can’t start up new sawmills overnight. And if you go to the equipment makers, there’s a waiting list for some pieces of equipment of two or three years.”
One of the US’s options is to import more lumber, particularly from Europe, which has stock in surplus. Over the past five years, Austria, Germany and the Czech Republic have had to harvest nearly 250 million cubic metres of spruce damaged by another bark beetle infestation, this too brought on by the warming climate. Ironically, if one beetle has depressed wood supplies to the US, another may yet elevate it.
As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to wtk share price mah!
But this up 1 to 2 sen is chicken feed mah, why up so little leh ??
Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah! Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!! That means if u base on profit...as indicator that means the share price will be lagging loh!
Then why promote Wtk leh ?? 1. The owner , directors and insiders already accumulating quietly without fanfare mah! 2. The palmoil & timber production volume of wtk already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah! 3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh! 4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah! 5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!
Based on the above i think wtk is the best pick to make profit & this is concur by sifu calvin findings mah!
Thats correctloh! This is precisely what raider is emphasizing all this while mah!
Commodity share like wtk & jtiasa are like spring, when u press down alot & when release it will....jump up or spring up...... will be very sharp & strong loh!
For commodities companies (whether minerals or agricultural/woods), once the market prices of these commodities keep going up for sustainable periods, and with same costs of productions, profitability will shoot up. With this, their share prices will increase.
If you look at Metals X Ltd (Australian listed co., strong in copper mining), when copper price was very low early last year, the share price went down to A$0.12 and now, AS0.24. You see, 100% increase.
U need to buy them when the share price is low, usually when profit is low or even loss making b4 they make big profit up turn with the coming announcement mah!.
U only sell....when everything is hunky dowry when every thing is bright after very major share price advancement loh!
Jump in b4 too late b4 the next up turn loh!
Today palmoii & timber price move further up mah!
Eventually it will move to the share loh!
Posted by stockraider > Apr 15, 2021 2:14 PM | Report Abuse X
Thats correctloh! This is precisely what raider is emphasizing all this while mah!
Commodity share like wtk & jtiasa are like spring, when u press down alot & when release it will....jump up or spring up...... will be very sharp & strong loh!
For commodities companies (whether minerals or agricultural/woods), once the market prices of these commodities keep going up for sustainable periods, and with same costs of productions, profitability will shoot up. With this, their share prices will increase.
If you look at Metals X Ltd (Australian listed co., strong in copper mining), when copper price was very low early last year, the share price went down to A$0.12 and now, AS0.24. You see, 100% increase.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
labii3investor
1 posts
Posted by labii3investor > 2021-03-02 09:24 | Report Abuse
Finally this quarter making money