Posted by 1288Go > 2024-03-18 16:05 | Report Abuse

https://www.klsescreener.com/v2/news/view/1060467/wtk-buys-plantation-firm-oil-palm-mill-in-sarawak-for-rm250-mil

Posted by 1288Go > 2024-03-18 16:09 | Report Abuse

In the article above,
Notably, the two exercises are deemed as RPTs as WTK managing director and shareholder Datuk Seri Patrick Wong Haw Yeong is also the director of WTK Alpha, B.H.B and HMSB.

WTK Alpha and HMSB entered into two agreements for the acquisitions on Thursday (Oct 27), WTK said in a stock exchange filing, adding that the total cash consideration of RM250 million will be settled through a combination of internally-generated funds and bank borrowings.

Top management was Director in buying and selling companies.
Is this a good thing to happen.
Overpriced plantation ?

Posted by 1288Go > 2024-03-21 16:49 | Report Abuse

Wah dumpilee,
You very 🤐 quiet one. Pop in and out very fast 😀 and then no sign of you.
Your comments are needed!

Posted by yfchong > 2024-04-06 22:12 | Report Abuse

let's see maybe another 2 years to turn around after big big bang from oil exploration

Posted by yfchong > 2024-04-07 18:45 | Report Abuse

Another time....... CPO is on a high time

Posted by yfchong > 2024-04-17 22:11 | Report Abuse

ya lor, sila up yeah

Posted by yfchong > 2024-05-26 09:13 | Report Abuse

April po n pk ada banyak sikit all the best sir patrick

Posted by Bob > 2024-05-28 21:36 | Report Abuse

Earning attributed to Durafarm one off gain 7mil, otherwise may losing money again this QR😑

Posted by yfchong > 2024-05-28 23:29 | Report Abuse

haiyah apa sir Patrick doing ?

Posted by Johnmajor > 2024-05-29 12:33 | Report Abuse

TP RM1.20

Posted by 1288Go > 2024-05-29 14:06 | Report Abuse

Wah PM John Major..1.20 TP arh !?
Jollyy Goood man.
We wait arh.....1.20 to come 🫴

Posted by yfchong > 2024-06-03 09:13 | Report Abuse

really long wait, let's can check in below RM0.45

Posted by Johnmajor > 2024-06-03 10:39 | Report Abuse

Usually analyst will tell you the target price but very often the achievable price is half the targeted price. LOL. So....60sen pun dah cukup dah. Haha

Posted by yfchong > 2024-06-05 07:11 | Report Abuse

Haiyah 0.60 ok lar

Posted by 1288Go > 2024-06-05 15:10 | Report Abuse

Haitoh 10c gain oony arh...
Pm John Major, then why we waste our time here..
Are we all waiting waiting wtk till the moon comes arh.
So John Major why are you in WTK, if Soo slow.
You want to try 😄 goreng up up arh !?

Posted by Johnmajor > 2024-06-11 10:41 | Report Abuse

Stuck in this value trap counter. Management should do something to bring the company back to its glory days.

Posted by 1288Go > 2024-06-13 03:21 | Report Abuse

Yes John Major...!
Hai Wing Trick apa macam. Har.
Today close 49.5c.
Uppp lar 😅

Posted by yfchong > 2024-06-24 06:55 | Report Abuse

Bila lar boleh fence ah Rm 0.6

Posted by 1288Go > 2024-06-28 15:34 | Report Abuse

Problem this co...owners take huge drawings themselves leaving little for us small fries.
To go up further id a punt, so not sure how up or down some more ?

Posted by yfchong > 2024-07-07 17:03 | Report Abuse

Ini macam .... bila lagi sky is the limit

Posted by dompeilee > 2024-07-11 17:04 | Report Abuse

BOUGHT the last 2,000 shares @ 49.5c-50.5c to bring my holdings to 54,000 ...on track to receiving >$800 in divvies this year, an all-time high! Average cost is now within smelling distance of a capital gain...doesn't matter whether it comes next month, 2025 or 2028!🤞

Posted by speakup > 2024-07-11 17:06 | Report Abuse

Kaya lah domp

Posted by yfchong > 2024-07-16 06:54 | Report Abuse

Long long here

Posted by Diamond7 > 2024-08-04 19:15 | Report Abuse

Wait patiently...
Coming!

Posted by mf > 2024-08-04 20:36 | Report Abuse

Dow Jones

Dow Jones Industrial Average

39,737.26

-610.71

1.51%

Nasdaq

NASDAQ Composite

16,776.16

-417.98

2.43%

Posted by speakup > 2024-08-04 21:33 | Report Abuse

Siapa takut sampai sh*t in pants lepas baca mf message?

Posted by yfchong > 2024-08-05 17:34 | Report Abuse

Ada load sikitv

Posted by yfchong > 2024-08-06 20:08 | Report Abuse

Boleh up kah

Posted by dompeilee > 2024-08-11 07:55 | Report Abuse

Only a mental health outpatient( or maybe inpatient?) will lambast another for holding to a stock for 8+ years & still PROMOTE the very same stock! Better for this bad luck infector stock-pusher of TalamT, TSH, JCY, Notion & NetX to fly elsewhere...🤣

Posted by Berlin > 2024-08-12 09:14 | Report Abuse

LOL...I wouldn't bother with Calvin's comments anymore than I would a stray dog's lost bark in the night. He is obnoxious and repetitively nauseous but has no impact in I3investor other than posting record comments. Since he is unable to learn and cannot accept being wrong, let him wallow in his ignorance imprisoned in a mental cage.

Posted by dompeilee > 2024-08-12 19:03 | Report Abuse

Berlin

LOL...I wouldn't bother with Calvin's comments anymore than I would a stray dog's lost bark in the night. He is obnoxious and repetitively nauseous but has no impact in I3investor other than posting record comments. Since he is unable to learn and cannot accept being wrong, let him wallow in his ignorance imprisoned in a mental cage.

9 hours ago

👍👍👍

Posted by Berlin > 2024-08-17 08:55 | Report Abuse

Do we hate Calvin? No. Detest his repetitive posts, repudiate his so called investment approach, loathe his bloody mindedness, reject his self absorption ; yes.

Posted by yfchong > 2024-09-07 12:50 | Report Abuse

See can get cheap boh.... already long long holding

Posted by yfchong > 2024-09-19 20:15 | Report Abuse

Boss transaction cost at 0.61..... can up yeah

Posted by yfchong > 2024-09-20 07:21 | Report Abuse

Big boss transaction 20 mil shares..

Posted by Berlin > 2024-09-20 09:01 | Report Abuse

After buying 20m shares at 60 sen in a DBT from his billionaire uncle Wong Kie Chie who is resident in Australia, MD Patrick Wong emerges as a substantial shareholder with 6.2% in WTK. This is a confidence booster for its longer term price performance and business transition.

Posted by dompeilee > 1 month ago | Report Abuse

Based on my 30-year veteranship & watching markets for most of my life, I can foresee the 50c barrier being busted through on the upside, especially since the co's CPO production is more than FIVE TIMES more than just 2 years ago.

Posted by Berlin > 1 month ago | Report Abuse

Plantation division continues to improve with increasing FFB/CPO production but timber will be a drag going on. Until tropical log and plywood prices recover, WTK will not realize its potential. Too much of assets tied up in unprofitable timber business.

Posted by ironrobe3388 > 1 month ago | Report Abuse

THE upcoming quarterly result will not look good.

Posted by dompeilee > 1 month ago | Report Abuse

Watch this space! 2009 Global Financial Crisis LOW is 70c, 40% higher!

Posted by tssl74 > 1 month ago | Report Abuse

Whats your TP @ dompeilee?

Posted by dompeilee > 1 month ago | Report Abuse

1st conservative tgt is implied in my previous comment, more in line with rival JTiasa's rise in the last 2 years...

Posted by ironrobe3388 > 1 month ago | Report Abuse

the last time the timber business was profitable was in year 2015 . this is a big issue.

Posted by dompeilee > 1 month ago | Report Abuse

Lumber prices up 30% since July & timber losses are shrinking for over a year now. Ratio of Jtiasa/WTK price used to be close to 1:1 as recently as 2016 but now 2.6:1. The ratio will shrink back to at least 2:1 with increasing CPO production & the other's price rising further pulling WTK's price up.

Curiously, a block of 200,000 Q-ing to sell @ 51c suddenly withdrew! What a shtooopid fellow that director who sold @ 49.8c recently!🤣🤣🤣

Posted by Berlin > 1 month ago | Report Abuse

WTK's exports logs to India and plywood to Japan/Taiwan. Timber revenue has been stable around RM180m the past 3 years 2021-2023 whereas plantation revenue increased from RM148m to 225m and the business is profitable over the same period. Other businesses Tapes, Frozen Foods are relatively modest. If Timber can contain its losses or make profit, WTK will report decent profits in 2024. Note that EBITA was positive in 2021, 2022 and 2023 at RM52m, 76m and 46m respectively. WTK is recovering from a low base price.

Posted by Berlin > 1 month ago | Report Abuse

Interesting price/volume action today in WTK. I must say it's about time.

Posted by yfchong > 1 month ago | Report Abuse

ini betul betul run yeah, congrats., to all intended or unwilling holders. cheers

Posted by Ytl2023 > 1 month ago | Report Abuse

Only stopid ppl stuck here at high price like dompeilee. Help free him

Posted by dompeilee > 1 month ago | Report Abuse

Ya lor...follow your shttoooopeed style of buying YTL @ $2.16 hoping for KFC $ only to get STUCCKKKKKK now it's only $2...😂😂😂

Posted by yfchong > 1 month ago | Report Abuse

macam end game... not moving yeah