Calvin still holding WTK as well as other Palm oil shares
Actually the Palm oil business is doing fine except the timber business made the bottom line small loss. The Cash position has improved & Wtk gave out a 1 sen dividend which is 2.1% (better than Bank FD at 1.75%)
In any case there is big improvement from last qtr losses
Sept quarter also same sluggish result lah. CPO output same for few years already despite acquiring RM80mil plantation last year. Lumber also slumber ...
Posted by TheContrarian > Oct 13, 2021 5:49 PM | Report Abuse
Why is there substantial cash hoarding of over RM300 million?
Why Cash Hoard so High over Rm300 Millions?
That is a good question
I live in a modest place in Singapore called Jurong West. From time to time I see billionaires come to Singapore with their Billions to park their Cash in Spore Banks for safety.
I saw James Dyson bought very expensive High Rise Condo to park his wealth here Also Jim Rogers & Others Billionaires have all come here just to hoard their cash in safety
So I think WTK Management want utmost safety.
But they just bought a discounted distress sale of palm oil estate from RSawit
In that case they are on the look out for bargains
So hopefully over a longer term they will unlock value for share holders
Reposted article: Calvin's Sunday Sharing: Bible Investment Ideas about Vege Oil from Prophet Elijah & Elisha
But the Bible also has many many investment ideas
And one of them is illustrated by the Example of Elisha's miracle of multiplying Oil for a poor Widow Woman when Creditors are after her two sons to be taken as slaves. An earlier example is Prophet Elijah telling another poor Widow woman & her child that her meager meal (flour) and little oil will multiply day by day till rain arrives.
Elijah & the Poor Widow Woman
8 Then the word of the Lord came to him, saying, 9 “Arise, go to Zarephath, which belongs to Sidon, and stay there; behold, I have commanded a widow there to provide food for you.” 10 So he arose and went to Zarephath, and when he came to the entrance of the city, behold, a widow was there gathering sticks; and he called to her and said, “Please get me a little water in a d]cup, so that I may drink.” 11 As she was going to get it, he called to her and said,
“Please bring me a piece of bread in your hand.” 12 But she said, “As the Lord your God lives, I have no food, only a handful of flour in the e]bowl and a little oil in the jar; and behold, I am gathering f]a few sticks so that I may go in and prepare it for me and my son, so that we may g]eat it and die.” 13 However, Elijah said to her, “Do not fear; go, do as you have said. Just make me a little bread loaf from h]it first and bring it out to me, and afterward you may make one for yourself and for your son. 14 For this is what the Lord, the God of Israel says: ‘The i]bowl of flour shall not be used up, nor shall the jar of oil become empty, until the day that the Lord provides rain on the
face of the earth.’” 15 So she went and did everything in accordance with the word of Elijah, and she and he and her household ate
for many days. 16 The [j]bowl of flour was not used up, nor did the jar of oil become empty, in accordance with the word of
the Lord which He spoke through Elijah.
Widow's Oil Multiplied
See how they borrowed as many empty vessels as possible to store the miraculous multiplying oil (the oil did not stop flowing until they stopped finding the last available Empty Oil Jar)
4 Now a woman of the wives of the sons of the prophets cried out to Elisha, saying, “Your servant my husband is dead, and you know that your servant feared the Lord; and the creditor has come to take my two children to be his slaves.” 2 So Elisha said to her, “What shall I do for you? Tell me, what do you have in the house?” And she said, “Your servant has nothing in the house
except a jar of oil.” 3 Then he said, “Go, [a]borrow containers [b]elsewhere for yourself, empty containers from all your neighbors—
do not get too few. 4 Then you shall come in and shut the door behind you and your sons, and pour into all these containers; and
you shall set aside what is full.”
5 So she left him and shut the door behind her and her sons; they began bringing the containers to her, and she poured the oil. 6 When the containers were full, she said to her son, “Bring me another container.” But he said to her, “There [c]are no more containers.” Then the oil stopped. 7 So she came and told the man of God. And he said, “Go, sell the oil and pay your debt, and you and your sons can live on the rest.”
The First is the provision of daily need. The 2nd is more than provision. It is abundantly enough to live on for their time (both the widow and her two sons)
“Go, sell the oil and pay your debt, and you and your sons can live on the rest.”
By reading these an idea came to us ?
What idea?
The idea of Palm oil Cpo prices now up more than 100% from Rm2,200 Meric Ton to over Rm4,400 Metric Ton. Fresh Fruit Bunches (FFB) also doubled from Rm350 per ton to over Rm700 per ton now
If Cpo & FFB (Fresh Fruit Bunches) are up so high then those Palm Oil Companies which own the Largest UPSTREAM Palm Oil Estates should benefit the most
Just as the Widow who find the Most Empty Vessels to Store the Flowing Oil
And these are the figures for Palm Oil Companies with various amounts of Palm Oil Trees
ANSWER ; JUST GO & SAPU PALMOIL SHARES....BUY MORE AS MUCH U CAN AFFORD & CAN FIND LOH!
IF POSSIBLE GO & BORROW & USE MARGIN LOH!
THIS IS HOW GOD ADVICE US HOW TO BE RICH FROM RAGS TO RICHEST MAH!
RAIDER ADVICE U VERY SAFE MAH! BCOS OF HUGE MARGIN OF SAFETY MAH!
U WILL SLEEP WELL WITH SAFETY LOH!
Posted by takeconUlar > Oct 17, 2021 10:59 AM | Report Abuse
Liar con whistlebower99 aka stockraider, he is spamming i3 penny stocks for many mnths. Those alredy consolidated with RI, n having a lot of cash 1 also he hantam.
Lately, he cause panic sell in Netx until it drop to 7C n it rebound very fast to 14C, cause huge losses 2 those long term holders.
He had also con ppl to buy b4 consolidation n made 3 Myvi after pump and dump. This is the 2nd time he cause big losses 2 Netx ppl. Those sold b4 price up from 7C, go to stockraider for compensation.
The lesson here, is in order to protect yourself, u must buy cheap profitable plantation stocks, b4 hyper inflation hit us mah!
the Morale of the Story?
It teaches us to save up during good times to prepare for hard times like now when Covid 19 hits.
The bees gather nectar all summer because they know winter is approaching. The butterfly dance from flower to flower in summer and dies at the first frost of winter.
Now in the Book of Revelation (due to climate change in the end time) the Bible mentioned a time of great hyper inflation
WTK’s palm oil segment is only about 10% of their revenue... for years the company had been saying will increase production/FFB soon... for few years already nothing has grown in the plantation sector . Even after spending RM80mil buying another plantation also output is the same . Lol...
Lumber is no better .. slumbering for years with no demand as Japan produces better quality plywood now
WTK is still principally in timber/plywood but the plantation division is playing an ever more important role. For 1H2021, loss making timber operations are being scaled back while oil palm plantation yields and profits are improving.Trading and manufacturing are stable, contributing modest profits. If this trend continues for 2H2021, and there is no reason for it not to, this being management's reported strategy, WTK can turn profitable for 2021 year thanks to high CPO prices and improving yields. There's also room for rationalization/monetization of its high value industrial property assets with the timber business being scaled down. There is much to hope for in WTK going forward.
Other members also buying valuable stocks but not behave like this iddiot spammer
We all feel ridiculous nonstop posting nonstop promoting
As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?
This is very obvious you want to cash out your share bought and treat other members as waterfish.
In the real world, no free lunch to people unless you want to take advantage from others
I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way
I pegging administrator need to take proper action against this spammer
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Posted by gladiator > 2021-08-26 20:06 | Report Abuse
Loss money again. Stockraider & Calvin cabut already not coming here to defend and promote.