Posted by stockraider > 2016-11-22 19:25 | Report Abuse

WTK result loss due to loss on disposal of subsidiary loh....!!
Consider bad result, even after adjusting for the one time losses...!!

Short term share price will be under selling pressure target Rm 1.01 loh.....!!

Longer term target is Rm 1.40 TP should show good result 4th QTR

Posted by linges > 2016-11-22 19:25 | Report Abuse

buying before announcement is based on confident on the stock...

but profit/loss is part of the game...must accept and carry on..will get in my queue soonest..

Posted by PlsGiveBonus > 2016-11-22 19:26 | Report Abuse

Very busy week for cut loss
>:D

Posted by stockraider > 2016-11-22 19:28 | Report Abuse

Again a potential panic sales, a repeat like what happen to FLB today loh.....!!

But there is no KYY.....the sales down would not be so severe loh...!!

RAIDER will be there loh.....!!

Posted by hng33 > 2016-11-22 19:29 | Report Abuse

I think icon8888 also get burn even he told by reader lolll, never expect got real insider knowing ahead of result....

Icon8888 The reader that told me was a seasoned investor. He also didn't have the details as he heard from others. But he was credible before, so I took his input seriously and withdrew the article

But I am not selling a single share. It is common for PLC sometime to not do well. If you are patient, WTK at current price definitely is undervalued. Its growth potential is beautiful and real. I am confident that ultimately I can make money from it.
17/11/2016 14:27

Posted by stockraider > 2016-11-22 19:30 | Report Abuse

Actually TAANN when announce its 3rd QTR result already showed timber business div not doing that well loh....!!

Posted by probability > 2016-11-22 19:37 | Report Abuse

i really wonder what business in Malaysia is doing well

Posted by hng33 > 2016-11-22 19:37 | Report Abuse

The loss is mainly attributed to disposal aluminum subsidiary -RM 10.8 m. Never expect got loss in disposal at all.

Posted by probability > 2016-11-22 19:39 | Report Abuse

cannot understand the log and plywood price had been increasing so much in the market...but still the profitability reported is so low...

Posted by red_85 > 2016-11-22 19:40 | Report Abuse

buy below 0.95 better...what a bad report...never expect such a bad bad bad report..gg/....sien

Posted by ccp78789 > 2016-11-22 19:40 | Report Abuse

even we take off the -RM10.8m one time loss, WTK also will report a lower y-o-y result.

Posted by red_85 > 2016-11-22 19:41 | Report Abuse

dont believe to hng33..he is the contrarian..he is telling you guys not selling any share, you know what is the reason behind? he want to sell earlier than you guys..he lost a lot...i bet he will sell tmr asap.

Posted by beso > 2016-11-22 19:42 | Report Abuse

another counter to free fall 2moro
that's y can't enter b4 qr

Posted by John Lu > 2016-11-22 19:53 | Report Abuse

Tomorrow fish at 88c

Posted by John Lu > 2016-11-22 19:53 | Report Abuse

-6.4 mil loss..at least drop 20c tomorrow

Posted by John Lu > 2016-11-22 19:58 | Report Abuse

Due to 1st loss after 25th Q of profit...panic sell

Posted by stockraider > 2016-11-22 19:59 | Report Abuse

Ya panic...must panic loh...!!
sell...sell...sell loh...!!

Posted by Ezra_Investor > 2016-11-22 20:17 | Report Abuse

Sales volume for plywood dropped due to slowdown in demand for imported plywood by the Japanese buyers despite there was an improvement in housing starts by 7.1% as compared to 3Q2015. This was mainly due to substitution by cheaper plywood produced domestically.

The Group’s key export markets for round logs were India (97%) and Vietnam (3%). The
export markets for plywood for the quarter under review were Japan (87%) and Taiwan
(13%).

Posted by muscular > 2016-11-22 20:25 | Report Abuse

Yahooo.. Tomorow big gap down.. Padan muka

Posted by ttwong > 2016-11-22 20:43 | Report Abuse

I did not expect them to have a fanstatic result, but making loss is totally out of my expectation.

Posted by imoogi99 > 2016-11-22 20:44 | Report Abuse

The results had spoken....despite increase in timber production and FFB production, the company still unable to convert it into real sales. The company should work to expand the market instead of concentrating on just two countries for their products.

Posted by kimi21 > 2016-11-22 21:06 | Report Abuse

Tomorrow is a right time to buy..

Posted by kimi21 > 2016-11-22 21:10 | Report Abuse

Too many "long term retails investor" here, conclusion is share market not a game 1+1 = 2, for who waiting 1, tomorrow MUST buy buy buy...

Posted by popo92 > 2016-11-22 21:38 | Report Abuse

This is a very bad result. In every aspect every business division also poor performance... Anyone know why timber and plywood prices are depressed for suppliers/manufacturers? What is the reasons WTK perform far worse results compare to peer - TAAN and smaller peer like FLBHD?

Posted by Penta123 > 2016-11-22 21:41 | Report Abuse

won't be the end of the world though dropping, it is a net cash company with strong cash flows

Posted by stockraider > 2016-11-22 21:44 | Report Abuse

YES collect at around Rm 1.01 loh.....!!
If don fall where got opportunity to buy cheap leh ?

Posted by muscular > 2016-11-22 21:45 |

Post removed.Why?

Posted by paperplane2016 > 2016-11-22 21:54 | Report Abuse

Icon888 ask ppl to buy prior huge loss quarter, what a low life con8888. We accumulate along, he just tell buy so he can sell his loss making shares

Posted by Penta123 > 2016-11-22 21:56 | Report Abuse

don't buy first ! let it hits the Indian ocean first, as low as possible

Posted by 10bagger10 > 2016-11-22 21:56 | Report Abuse

paperplane2016,

i always buy based on icon sifu, and i can say, icon sifu is really genuine, most of the call is near to all time low.

Posted by paperplane2016 > 2016-11-22 21:57 | Report Abuse

Yeah, all time low, now just get lower! Remember he ask you buy at high price on comcorp etc.

Posted by 10bagger10 > 2016-11-22 22:02 | Report Abuse

i buy follow sifu icon earn a lot wor..

Posted by paperplane2016 > 2016-11-22 22:03 |

Post removed.Why?

Posted by 10bagger10 > 2016-11-22 22:05 | Report Abuse

walau paperplane sifu u got? can show us?

Posted by kimi21 > 2016-11-22 22:08 | Report Abuse

Even Cpo price reach rm3000, timber price keep increase, net cash company, high nta, whatever good news, but still have this bad result, one word can said is Poor management company..

Posted by tksw > 2016-11-22 22:13 | Report Abuse

paperplane sifu, how now WTK? U say no worry wor, I now not only worry, but scare wor... die or this time

Posted by Penta123 > 2016-11-22 22:13 | Report Abuse

will you buy if it is around 80 cents or lower with the poor management ?

Posted by Penta123 > 2016-11-22 22:15 | Report Abuse

if not interested why are you monitoring ?

Posted by tksw > 2016-11-22 22:16 | Report Abuse

i cant understand why WTK loss on oil palm maintain the same when its revenue on oil palm is increase.... one hand said production up, one hand said FFB not up... faint

Posted by Up_down > 2016-11-22 22:16 | Report Abuse

WTK achieved the highest log production of 171,000 m3 in 3rd Qtr 16 but reported a negligible profit RM 4.8 million in Timber division or RM 18.3 million reduction comparing with last year. More ever, Inventory stands at lowest level in the last 10 years..WEIRD! Something not so right..Is it timber prices crash in last quarter?

Posted by Up_down > 2016-11-22 22:20 | Report Abuse

Turnover dropped from RM 180 million to RM 159 million for 3rd Qtr 16. Highest Log production in 3rd Qtr 16 but lowest Inventory over the last century...Something not tally...

Posted by tksw > 2016-11-22 22:22 | Report Abuse

plywood drag down the profit la, Up-down sifu.

Posted by Up_down > 2016-11-22 22:23 | Report Abuse

Is it they have reported wrong the monthly log production? @_@

Posted by stockraider > 2016-11-22 22:24 | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

Posted by Up_down > 2016-11-22 22:26 | Report Abuse

Not so possible unless plywood prices crash or they have reported wrong log production figures.

Posted by tksw > Nov 22, 2016 10:22 PM | Report Abuse

plywood drag down the profit la, Up-down sifu.

Posted by Up_down > 2016-11-22 22:27 | Report Abuse

I am talking about Timber segment only. hiding something ie profit??? wakakaka

Posted by stockraider > Nov 22, 2016 10:24 PM | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

Posted by stockraider > 2016-11-22 22:32 | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

Posted by Up_down > 2016-11-22 22:48 | Report Abuse

Raider... I based on the fact to talk one...I suspect WTK is hiding some good things. How the figures can be roughly tally by looking at the figures below.

Timber segment
3rd QTr - 31 Sep 16 - log 171,070 m3 ( profit RM 4.8 million )
2nd Qtr - 31 Jun 16 - log 120,820 m3 ( profit RM 2.2 million )

1st Qtr - 31 Mar 2015 - log 85,500 m3 (profit RM 4.7 million)

My question: Is it plywood prices crash or they have reported wrong log production figures?



Posted by stockraider > Nov 22, 2016 10:32 PM | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

Posted by stockraider > 2016-11-22 22:52 | Report Abuse

Up Down,

I suspect the plywood price is not doing well...and not per our extraction mah....!! Our figure maybe wrong loh...!!

Example FLB says plywood price no go good....but our figure still says good loh.....!!

So it may not be production figure but the price loh...!!

Posted by Rainman > 2016-11-22 22:53 | Report Abuse

Can somebody explain why WTK disposed off a subsidiary (sell off a subsidiary), but still lost RM 9.5million? It was sold at RM15.93 million, so can I know why it is still consider as a lost?