Posted by yowtp > 2013-04-04 20:53 | Report Abuse

Good movement this few day.

Posted by necro > 2013-04-04 23:19 | Report Abuse

Downtrend persists...

Posted by Taugeh > 2013-04-04 23:47 | Report Abuse

May be you don't believe this guys,,,

I wrote a letter to query the WTK head quarter in Sarawak on Monday (1st April)regarding the stock has been heading southward since June 2012.

Looks like they responded with immediate actions ..hahaha...very effective.

p/s ..one bad feedback..the email of Ms Jenny was not in operation but the headquater's is fine (info@wtk.com.my)


The letter

sender: Taugeh
send time: 01 April 2013 23:42
recepient: 'kjenny@attglobal.net';'info@wtk.com.my'
Topic: Share price enquiry

Ms Jenny Kek
Head of Corporate Finance
W T K HOLDINGS BERHAD
Lot No. 25(AB)
25th Floor, UBN Tower
No. 10, Jalan P. Ramlee
50250 Kuala Lumpur, Malaysia
Tel : 03 - 2078 8110
Fax : 03 - 2078 7718
email:kjenny@attglobal.net


Dear Jenny

With all due respect, would you please enlighten us on the share price of WTK Holding; why the share price keeps dropping as shown in the diagram but the company has posted good financial data on the paper? Why there is no dividend for year 2011?

I have noticed that ever since the OCBC Bank bought some 23 to 26 million shares, the price started dropping commencing June 2012.

As an investor, I would appreciate if you could somehow forward this email to the Board of directors should my questions are out of your scope of duty. I am sure the honourable BODs are more than capable of elucidating our concerns.

Please accept my heartfelt thanks for taking the time reading my messages as well as clarifying our doubts .

Thank you very much and Warmest regards,

Posted by yowtp > 2013-04-04 23:54 | Report Abuse

But what WTK reply?

Posted by Taugeh > 2013-04-05 00:01 | Report Abuse

nothing so far..but I saw the price was immediately jacked up with small volume on Tuesday, wendesday..wonder what is next..may be I will write some more..next week and CC to everybody..hahaha

Posted by necro > 2013-04-05 00:04 | Report Abuse

Kah kah kah...
90 support pecah xnoe wat happen...

Posted by Taugeh > 2013-04-05 00:14 | Report Abuse

This counter is on my radar since august 2011, so I kind of know every movement since then..well..this is a good counter..to be honest

they are making profit though..

Posted by necro > 2013-04-05 00:39 | Report Abuse

No well known fund buying make this stock unreachable by investor radar..
BRAHIMS u must look tommorow haa...

Posted by Taugeh > 2013-04-05 00:44 | Report Abuse

Got,,OCBC bank singapore eh..but no local fund coz no volume

Posted by necro > 2013-04-05 00:51 | Report Abuse

Haaaa that is the problem..
Look at MEGA...why cant trade like Tenaga?Mudajaya?...
No local fund buying meh...
Watch this haa,buy can also..
BRAHIMS,MAYBULK,MHB,SUPERMAX,TOPGLOVE(TOMMOROW UPTREND STOCK)..

Posted by Taugeh > 2013-04-05 08:59 | Report Abuse

ok..I bought Supermax, thanks

Posted by Taugeh > 2013-04-05 09:15 | Report Abuse

Thanks necro for the tips, I appreciate it, good job

Posted by necro > 2013-04-05 16:42 | Report Abuse

Welcome...

Posted by usapg > 2013-04-08 15:11 | Report Abuse

very cheap at this level... possible privatization target... another lingui

Posted by necro > 2013-04-08 15:20 | Report Abuse

R u brave?

Posted by usapg > 2013-04-08 15:38 | Report Abuse

japan massive stimulus will boost the demand for plywood and timber products...

Posted by usapg > 2013-04-08 15:42 | Report Abuse

Buy it for long term...

Posted by pandarian > 2013-04-08 16:36 | Report Abuse

agreed

Posted by necro > 2013-04-10 14:29 | Report Abuse

Sapa ada berani?

Posted by Hustle > 2013-04-10 14:35 | Report Abuse

1.20 blh lah tp bkn hari ni hehe

Posted by usapg > 2013-04-23 20:41 | Report Abuse

Sarawak gets higher demand for plywood from Japan
KUCHING: Japan is increasing its import of plywood from Sarawak as reconstruction activities has picked up momentum in coastal towns badly damaged by the devastating earthquake and tsunami two years ago.
Shin Yang group executive director, plywood division, Wong Kai Song said Japan's higher new housing starts this year had also spurred demand for imported panel products.
“Japanese housing companies are now very busy with reconstruction work although they are facing a shortage of carpenters.

“This year's new housing starts in Japan were around 900,000 units, which is about 10% higher than 820,000 units last year,” he told StarBiz.

Wong, also former Sarawak Timber Association (STA) panel products committee chairman, said the depreciating yen had not affected Japan's import of plywood from Sarawak.

A weakened yen means that Japanese importers have to pay more to buy the same quantity of imported panel products.

Shin Yang group, which is Sarawak's largest producer and supplier of panel products, owns six plywood mills in Miri and Bintulu.

According to STA figures, Japan raised its plywood import volume from Sarawak by more than 10% to over 1.44 million cu m last year from 1.31 million cu m in 2011.

About 55% of the state's total export volume of 2.64 million cu m last year went to Japan. Sarawak's total export volume expanded by 374,000 cu m, or 16.5%, from 2.27 million cu m in 2011.

South Korea increased its import by 38% to 331,600 cu m last year from 239,900 cu m in 2011 although the country's anti-dumping duty on Malaysian plywood remains in force. The duties on eight Sarawak and one Sabah plywood suppliers ranging from 5% to 38% are in force for three years until February 2014.

These suppliers were penalised for allegedly selling their products in South Korea below production cost.

Wong said the average plywood price for the Japanese market had gone up by about 15% to US$550 (RM1,670.62) per cu m in the first quarter of this year from 2012, thanks to the stronger demand.

“There is another 5% to 10% upside potential in the price,” he added, expecting the growth in export volume to Japan to be sustained this year.

Posted by pandarian > 2013-04-25 10:26 | Report Abuse

thanks for sharing usapg~^^

Posted by usapg > 2013-04-29 21:59 | Report Abuse

The Board of Directors of W T K Holdings Berhad ("WTK") wishes to announce that the Company intends to seek shareholders' approval on the following proposals at the forthcoming Annual General Meeting:

1. Proposed Renewal of Share Buy-Back Mandate to purchase its own shares of up to 10% of the issued and paid-up capital.
2. Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transaction of a Revenue or Trading Nature.

(hereinafter collectively referred to as the "Proposals")

A Statement/Circular containing the details of the Proposals will be issued to the shareholders of the Company in due course.

This announcement is dated 26 April 2013.

Posted by usapg > 2013-05-01 00:13 | Report Abuse

Japan March housing starts rise 7.3 pct yr/yr -govt

Posted by Hustle > 2013-05-10 16:45 | Report Abuse

The rally is start stay focus padarian

Posted by pandarian > 2013-05-11 08:09 | Report Abuse

Yup~~~ agree with you... Now market start to boost d~~~

Posted by rlch > 2013-05-11 11:01 | Report Abuse

6 months high. Foreign fund buying?

Posted by pandarian > 2013-05-15 17:30 | Report Abuse

now should be at up trend d, warming up engine as before issuing dividend will boost up ~

Posted by yazid7655 > 2013-05-16 15:29 | Report Abuse

beli da

Posted by Hustle > 2013-05-17 13:14 | Report Abuse

will hit 1.20 soon...please tight your seat belt :)

Posted by pandarian > 2013-05-18 08:30 | Report Abuse

Hustle, hope nxt week it will hit 1.20~

Posted by Hustle > 2013-05-21 13:39 | Report Abuse

I'm sure it will burst the resistor :) Current too High!
1.20 may be can meet before 5pm

Posted by behindthescene > 2013-05-21 13:42 | Report Abuse

It has broken the flag formation. Up and up from here. Gogogo!

Posted by behindthescene > 2013-05-21 14:55 | Report Abuse

Lai liao lar.... more volume more volume..

Posted by behindthescene > 2013-05-21 14:59 | Report Abuse

Super power!...

Posted by Hustle > 2013-05-21 14:59 | Report Abuse

Hit hit hit Yes...

Posted by behindthescene > 2013-05-21 15:13 | Report Abuse

Ok power off dy

Posted by Hustle > 2013-05-21 16:25 | Report Abuse

Need to charging 1st tomorrow continue :)

Posted by madtrader > 2013-05-21 17:00 | Report Abuse

get ready to fly peeps

Posted by pandarian > 2013-05-21 23:54 | Report Abuse

Wish can get extra bonus when go back msia~~~ gogogo wtk

Posted by madtrader > 2013-06-04 16:42 | Report Abuse

hi vsa specialist. are you sure its in distribution stage not absorption process going on

Posted by zack_liza > 2013-06-05 09:16 | Report Abuse

support at rm0.33....

Posted by Hustle > 2013-06-05 16:07 | Report Abuse

nuclear again?

Posted by Hustle > 2013-06-07 11:14 | Report Abuse

Still have push up kick...all fellow still waiting for 1 announcement...

Posted by Hustle > 2013-06-07 15:10 | Report Abuse

Volume too small majority of the disposing will be from the contra player or short term speculator that short of capital.

Posted by Hustle > 2013-06-07 16:03 | Report Abuse

Why not up trend already form,rest of it just depends on market sentimental.
By the way,is not easy to locate for strong support counter.

Posted by pandarian > 2013-06-10 18:29 | Report Abuse

Throw all at 1.22 change counter~~~ lolx

Posted by necro > 2013-06-11 13:25 | Report Abuse

Still need confirmation on tommorow bar kawan...
Look at DIALOG when it form shoot star then IB said buy at bla bla then suddenly boom!...

Posted by Hustle > 2013-06-12 13:16 | Report Abuse

Need to hit 1800 point lah if not the blackout minister will look very ugly in front of the international political leader.

Posted by Hustle > 2013-06-13 13:14 | Report Abuse

Yup take your advice,luckily manage to sold at 1.22 few days ago...huh disaster...