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 ?
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
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 !?
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 ?
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!🤞
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...🤣
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.
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.
Do we hate Calvin? No. Detest his repetitive posts, repudiate his so called investment approach, loathe his bloody mindedness, reject his self absorption ; yes.
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.
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.
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.
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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....
yfchong
5,863 posts
Posted by yfchong > 2024-03-05 22:23 | Report Abuse
bila lar WTK