Posted by Ooi Teik Bee > 2013-10-10 13:56 | Report Abuse

There are many sellers from 1.35 to 1.38, the stock price must cross 1.38 convincingly in order to stay bullish. The last quarter result was good.
Thank you.

Posted by Jameslee > 2013-10-10 14:38 | Report Abuse

I thought u say earlier 1.35 to cross and now u say 1.38....

Posted by albertng > 2013-10-11 13:13 | Report Abuse

If break 1.38 this counter will fly

Posted by tjhldg > 2013-10-14 01:18 | Report Abuse

time to accumulate

Posted by AhSook AhKou > 2013-10-16 14:41 | Report Abuse

WTK ... child labour !! Should we all SELL SELL until respect is earned !!! Let's dump shares n I hv now Q to sell n what about u guys ??? Don't just talk n no action !!!

Posted by yktay1 > 2013-10-16 14:49 | Report Abuse

Despite the company's prospects, I have sold my shares already. To be blacklisted like that, and being only 1 of 5 companies blacklisted is bad news. Not child labour but on the basis of severe damage to the environment. This also means that their business model is not sustainable in the long run, i.e. depletion of natural resources due to lack of proper planning and controls.

Posted by AhSook AhKou > 2013-10-16 14:58 | Report Abuse

Now realised how they made their profit which also made me along with other thousands innocently individual committed a sin , maybe we shall contribute the profit we made to a child charity ....... what say u guys !!! Let's stop this abuse NOW NOW

Posted by kai8994 > 2013-10-16 15:02 | Report Abuse

This news would not affect the company at all. The western country like to ban this and that on 'ethical ground' or what not, just like palm oil industry. No surprise.

Posted by AhSook AhKou > 2013-10-16 15:18 | Report Abuse

Not necessary true ..... if no noise r made it will only encourage to continue to abuse n every little counts n thank god not everyone think like u , kai8994

Posted by AhSook AhKou > 2013-10-16 15:21 | Report Abuse

Already start dropping by 0.01

Posted by AhSook AhKou > 2013-10-16 15:33 | Report Abuse

We might not big enough to change the world but 4sure we can continue to shout out loud - Child Labour is abusive n un-acceptable , think if that child is someone u know !!!

Posted by kai8994 > 2013-10-16 15:40 | Report Abuse

WTK and TA ANN were excluded because they are timber related, not because of child labour.

Posted by AhSook AhKou > 2013-10-16 15:40 | Report Abuse

Norway's government has told its $790 billion oil fund to sell holdings in five companies because of environmental concerns and placed several others - including Shell and Eni - on its observation list, the finance ministry said on Monday.

The fund, the world's largest sovereign wealth fund, is barred from investing in WTK Holdings Berhad, Ta Ann Holdings Berhad, Zijin Mining Group and Volcan Compania Minera because their activities pose a “risk of severe environmental damage,” it said in a statement.

Posted by AhSook AhKou > 2013-10-16 15:46 | Report Abuse

kai8994 , just in case u r still catching up : " being involved in child labor, the ministry said."

Posted by limko1 > 2013-10-16 15:51 | Report Abuse

Firstly, we have to ask how many shares Norway government has in WTK. If insignificant, who care.

Posted by AhSook AhKou > 2013-10-16 16:02 | Report Abuse

How sad ..... "who care" !!! I am sure u will say differently if u know the "child" ? Think !!

Posted by AhSook AhKou > 2013-10-16 16:05 | Report Abuse

limko1, so u approve "Child Labour" ??? If so, what a shame !!!

Posted by mmtalents > 2013-10-16 16:17 | Report Abuse

im a child labour myself, used to work during school holidays even when i'm just a primary school kid for pocket money to buy my school uniform and books, it is easy for rich country to condemn child labour while they have a full stomach everyday...

Posted by kai8994 > 2013-10-16 16:30 | Report Abuse

"Norway has excluded five companies from the investments of the nation’s sovereign wealth fund, the world’s largest, for taking part in activities that damage the environment OR for being linked to child labour, Bloomberg reported."

Local timber firms WTK Holdings Bhd and Ta Ann Holdings Bhd were excluded alongside China’s Zijin Mining Group and Peru’s Volcan Cia Minera SAA.

This was done on the basis that their activities risk causing severe damage to the environment, Bloomberg said citing a statement by the Oslo-based ministry.

India’s Zuari Agro Chemicals Ltd was also excluded “based on an assessment of the risk of contributing to the worst forms of child labour,” it said.

From these writing, WTK TAANN - their activities risk causing severe damage to the environment
Zuari Agro - contributing to child labour.

Lets see how WTK respond. If they are hiring child labour, they can be sued under our own labour law.

Based on AR 2012, Norway fund is not listed as top 30 shareholdings. I believe their investment is insignificant as WTK market cap is not large enuf to be invested by any of these large foreign funds.

Posted by AhSook AhKou > 2013-10-16 16:34 | Report Abuse

"insignificant" in this case is immaterial, the fact still remain , ie using child labour to prosperous !!

Posted by AhSook AhKou > 2013-10-16 16:53 | Report Abuse

Is a start , price dropped ..... at least a token of protest !!!

Posted by mmtalents > 2013-10-16 16:55 | Report Abuse

where in the news you are not clear? WTK problem is "their activities risk causing severe damage to the environment" and it has nothing to do with child labour

Posted by AhSook AhKou > 2013-10-16 17:00 | Report Abuse

Another 0.01 dropped !! It speak for itself n NO to Child Labour

Posted by Zenwan > 2013-10-23 23:04 | Report Abuse

It's pushing again.....

Posted by Zenwan > 2013-10-23 23:23 | Report Abuse

Why do you say that?

Posted by Zenwan > 2013-10-23 23:28 | Report Abuse

.??

Posted by Zenwan > 2013-10-23 23:29 | Report Abuse

My question is on going private.....why do u assume that?

Posted by lching > 2013-11-07 15:24 | Report Abuse

this stock has been undervalued for quite some time already.

Posted by lching > 2013-11-07 15:33 | Report Abuse

make sense.......

Posted by ysban > 2013-11-07 17:02 | Report Abuse

Buy,buy,buy

Posted by Saturn > 2013-11-07 18:24 | Report Abuse

:)......

Posted by lching > 2013-11-07 22:08 | Report Abuse

this stock has been side way for quite sometime, n i also wonder why the palm oil division not performing.

Posted by hng33 > 2013-11-14 15:42 | Report Abuse

Bought WTK at 1.29

Posted by lching > 2013-11-26 15:50 | Report Abuse

the FFB production is steadily improving, but the pace is quite slow. good stock for long term investment.

Posted by my101home > 2013-11-29 11:22 | Report Abuse

RHB upgrade target price to 1.70

Posted by Ooi Teik Bee > 2013-11-29 11:27 | Report Abuse

There are so many sellers wanted to sell at 1.35 to 1.38, hence the price is very difficult to move until these sellers are absorbed.
I am very disappointed with its performance even it is the best stock recommended in timber sector.

Posted by Saturn > 2013-12-01 01:43 | Report Abuse

Lol.....

Posted by anbz > 2013-12-01 01:45 | Report Abuse

Lol again...wah tropicana ada berubah sedikit huh saturn...wa ada agak dia mau naik masa 1.29...yet no money to buy + manyak takut wo

Posted by Saturn > 2013-12-01 09:17 | Report Abuse

Semua takut....Nama macam semut

Posted by ckleow79 > 2013-12-03 12:55 | Report Abuse

RM 1.24 is the support!! if lower than this will back to RM 1.20.
not a good time to accumulated now... should wait and see.

Posted by Janet Lai Janet > 2013-12-03 16:29 | Report Abuse

i beratur @1.24, do not know whether able to get this price or not.

Posted by Janet Lai Janet > 2013-12-03 16:35 | Report Abuse

Taugeh, just would like to hear your advise about WTK? can we move in now?

Posted by rubberneck3 > 2013-12-04 20:47 | Report Abuse

Why keeps on falling... Sigh

Posted by ckleow79 > 2013-12-05 12:51 | Report Abuse

OTB, please provide us the chart analysis . what the new support now? will it fall back RM1.15 or below? tq. appreciation on your superb contribution and advise. tq

Posted by tntbuilders > 2013-12-09 16:23 | Report Abuse

Strong support at 1.15

Posted by amtan > 2013-12-12 15:18 | Report Abuse

bought @ 1.21

Posted by pandarian > 2013-12-12 17:07 | Report Abuse

In downtrend pals ~ don't catch the falling knives ... pick it up when at bottom...

Posted by asriruslan > 2013-12-13 09:16 | Report Abuse

best buy 1.15

Posted by asriruslan > 2013-12-13 09:16 | Report Abuse

waiting to buy at 1.15

Posted by Zenwan > 2013-12-15 23:41 | Report Abuse

Waiting waiting.....