Posted by Berlin > 2022-04-25 09:52 | Report Abuse

@dompeilee....Patience is a virtue. I hold a portfolio of palm oil plantation related stocks including WTK and JTiasa but will not knock slow moving WTK. Every dog will have its day and similarly with currently not in favor WTK. It just needs a catalyst to perform in this market.

Posted by dompeilee > 2022-04-25 10:27 | Report Abuse

I totally agree....have been holding my latest repurchases of WTK since mid-2016 & averaging down every year when it came close to ex-dividend date. Oriental made me wait even longer(since late 2013) BUT the DELICIOUSNESS when my holdings turn from long paper losses into paper gains!

Posted by stockraider > 2022-04-25 12:51 | Report Abuse

Correctloh.....Cpo cash mkt up more than Rm 500 to more than Rm 7400 loh!

The future july up more than Rm 380 to more than Rm 6700 mah!

Very bullish price upgrade mah!

Big profit coming loh!

Posted by stockraider > 2022-04-25 13:23 | Report Abuse

Very Hot Loh!
Average CPO prices below:

Now July22 fut 6754
Q1 2022 6,197

Q4 2021 5,194
Q3 2021 4,466
Q2 2021 4,195
Q1 2021 3,938

Q4 2020 3,401
Q3 2020 2,783
Q2 2020 2,301
Q1 2020 2,673

Q4 2019 2,522
Q3 2019 2,053
Q2 2019 2,008
Q1 2019 2,089

Posted by Berlin > 2022-04-27 09:10 | Report Abuse

When June rolls around and WTK 1Q2022 results are out and digested, patient investors can feast opulent on the king of fruits in Raub. Musang king season for them!

Posted by dompeilee > 2022-04-27 17:18 | Report Abuse

This is for value investors, not action junkies....action junkies pls file your way to Genting baccarat tables...the tahiboss really want to su(k your $$$ lol

Posted by kl_guy > 2022-05-04 09:43 | Report Abuse

WTK is worth holding till Aug report out . Aug report will show wonderful earning with current CPO price. I'm holding it till Aug .

Posted by stockraider > 2022-05-04 11:15 | Report Abuse

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

Posted by dompeilee > 2022-05-04 20:21 | Report Abuse

If timber segment continues to shrink, plantation profit should overtake timber losses as soon as the upcoming qtr report, with the CPO spike being encapsulated in 1Q. If disappointing, hold for another year lor...already held my shares for 6 years, what's one more year?lol

Posted by dompeilee > 2022-05-04 20:44 | Report Abuse

Already earned over $1000 in dividends since trading in & out of WTK from 2012-2016 & re-purchasing my SOLD ALL in Jan '16(got out very close to the $1.55 high) shrs in mid-'16 & increasing my stake exponentially from '17 till now.

Posted by dompeilee > 2022-05-05 09:24 | Report Abuse

Aiyo...no opportunity to buy more with the price refusing to weaken...how?

Posted by stockraider > 2022-05-05 09:43 | Report Abuse

Double up mah!

Posted by MuttsInvestor > 2022-05-05 11:35 | Report Abuse

HIGH volume for last 7 trading days . Why ?

Posted by Berlin > 2022-05-05 12:12 | Report Abuse

While other small cap palm oil plantation counters are giving back some price gains today, laggard WTK remains resilient. A really good sign of better things to come soon! From now till end May , accumulate further on weakness during poor sentiment days.

Posted by Berlin > 2022-05-13 09:05 | Report Abuse

Poor sentiment days are here again. As with most stocks, WTK succumbed to selling pressure and is now below 50 sen. Time to add on.

Posted by yfchong > 2022-05-26 23:04 | Report Abuse

All brought down by timber segment

Posted by yfchong > 2022-05-29 08:22 | Report Abuse

Dun know what contributes to timber segment poor performance..

Posted by Berlin > 2022-08-18 16:26 | Report Abuse

At long last WTK shows some promise; moving back above 50 sen today after director Wong Chie Kie of Fortescue fame bought some 5 million shares in July and company recommences share buyback. Wong, resident in Australia, became a billionaire following his phenomenal investment in Fortescue Metals where the penny stock in 2003 now trades at A$19.

Posted by yfchong > 2022-08-25 22:01 | Report Abuse

Timber still in red leh

Posted by Berlin > 2022-08-26 07:31 | Report Abuse

Still a good recovery play. Timber division losses are decreasing. Palm oil plantation is good. Manufacturing is holding up well. Purchase of new frozen foods business turned out to be a small windfall. Controlling shareholders show faith in company's prospects. Possibly family feud is resolved with Wong Kie Yik/Wong Chie Kie side prevailing since they purchased more shares in the market.

Posted by yfchong > 2022-08-27 14:19 | Report Abuse

Sudah settle push up lar 1.35

Posted by dompeilee > 2022-09-12 17:11 | Report Abuse

A single individual has mopped up 8.153 mil shrs in the last 3 mths

Posted by anthonytkh > 2022-09-12 17:37 | Report Abuse

Domp, it’s a solid company. Spoke with their CFO before. Plennyo assets and cash. Tight shareholdings, however, may be a hurdle for share price movements

Posted by dompeilee > 2022-09-14 18:46 | Report Abuse

Another 843k shares bought

Posted by yfchong > 2022-09-18 13:50 | Report Abuse

Still timber n log

Posted by Nepo > 2022-10-02 18:30 | Report Abuse

Badly managed company
Sell

Posted by charlie chia > 2022-10-09 19:00 | Report Abuse

Directors keep on collecting

Posted by Michael Kwok > 2022-10-09 20:23 | Report Abuse

Sell on strength wtk.price 50 cents
9/10/2022 8.22pm

Posted by Icon 888 > 2022-10-15 10:05 | Report Abuse

Crisis on the way.. keep bullet ya

Posted by VTrade > 2022-10-25 11:13 | Report Abuse

Keep bullet for…..

Posted by dompeilee > 2022-10-28 10:20 | Report Abuse

At least we know that the cash reported on the balance sheet is 100% legitimately there lol

Posted by dompeilee > 2022-10-28 15:10 | Report Abuse

Unlike 1MDB & certain agencies linked to the m'sian mis-government

Posted by Johnmajor > 2023-02-15 10:41 | Report Abuse

This counter is a serious underperformer. I hope the major shareholders and management are willing to put in serious effort to increase the value of this once great company. Minority shareholders are being neglected for being loyal to the company.

Posted by stockraider > 2023-02-15 12:46 | Report Abuse

The recent acquisition of Plantations by wtk are earning accretive loh!

Posted by SEE_Research > 2023-02-16 14:22 |

Post removed.Why?

Posted by stockraider > 2023-02-17 08:50 | Report Abuse

Can buy mah!

Earnings is coming back mah!

Posted by TakeProfits > 2023-02-24 01:19 | Report Abuse

Stockraider
...You buy first...I buy later...wait and see...But you buy first

Posted by SEE_Research > 2023-02-27 15:58 |

Post removed.Why?

Posted by SEE_Research > 2023-02-28 10:46 |

Post removed.Why?

Posted by SEE_Research > 2023-02-28 17:44 |

Post removed.Why?

Posted by Pinky > 2023-02-28 22:28 | Report Abuse

@admin this SEE is spamming same content all over many oil palm topics

Calvin taneng __ is your portion of TSH /
YOUR T ONG S AMPAH H ANGUS ___ ON FORCED SELLING ORDERS OR

WORST ___ YOU QUIETLY CUT LOSSES AND CABUT ______

Posted by Diamond7 > 2023-05-30 16:29 | Report Abuse

40 cents can buy arhh? Is it undervalue at this price?

Posted by berfikir > 2023-06-09 16:08 | Report Abuse

ok time to buy

Posted by scchin58 > 2023-06-22 09:04 | Report Abuse

FFB doubled.

Posted by Diamond7 > 2023-07-21 19:42 | Report Abuse

Buy more to keep....
Be patient..

One day..surely will move up!

Posted by Berlin > 2023-09-20 12:29 | Report Abuse

WTK which diversified into palm oil plantation later than Jtiasa is trading at a very steep discount to NTA because its unprofitable timber division is dragging down performance. It could be the next great plantation buy for the (very) patient investor.

Posted by speakup > 2023-09-20 12:38 | Report Abuse

Sabar

Posted by Berlin > 2023-09-20 15:15 | Report Abuse

Bought more for long term hold in the expectation new plantation acquisitions using cash hoard will be earnings accretive with higher future dividend payouts. Just too cheap to resist at 0.3 x book value and improving prospects.

Posted by Dehcomic01 > 2023-10-18 08:09 | Report Abuse

One of the ways I screen for companies is to compare their ROE trends with those of companies in the same sector that I have carried out detailed fundamental analysis. On such a basis, I found that WTK did worse than my 2 references - Eksons and Taann. https://www.youtube.com/watch?v=g1byo-eO4CM

Posted by Berlin > 2023-11-10 09:01 | Report Abuse

WTK would be worse off than similar timber/palm oil plantation companies on a historical ROE basis because of its loss making plywood operations. But it is undertaking business diversification albeit belatedly and if this pays off, may reward patient minority shareholders handsomely. In the meantime, eke out an existence on 1-1.5 sen dividend.