Posted by dompeilee > 2017-06-07 16:24 | Report Abuse

Bought more @ 92c

Posted by Ezra > 2017-06-07 18:06 | Report Abuse

@Eagle_T thanks

Posted by Ezra > 2017-06-07 18:08 | Report Abuse

"The winding-up petitions against the companies mentioned in the aforesaid article have no material impact on W T K Holdings Berhad."

Hmm, not affected I see.

"As the aforesaid article may give rise to the erroneous impression that Ma is seeking orders to wind-up “subsidiaries..…of WTK Holdings”, the management of W T K Holdings Berhad will be requesting The Edge Malaysia to publish a clarification in their next publication."

Anyone got a copy?

Posted by Eagle_T > 2017-06-07 18:18 | Report Abuse

Malaysian plywood manufacturers have proposed higher export cost and freight (C&F) prices for their products shipment to Japan.

http://www.thestar.com.my/business/business-news/2017/06/05/plywood-manufacturers-seek-higher-export-cost-and-freight-prices/

Posted by Deskent > 2017-06-08 11:37 | Report Abuse

Good news for WTK?

Posted by John Teng > 2017-06-13 20:03 | Report Abuse

start collecting ???

Posted by ivan9511 > 2017-06-14 00:04 | Report Abuse

ccmeow , YOU ALSO HERE, i ALSO KEEP THIS WTK
ALL THE BEST TOMORROW

Posted by firehawk > 2017-06-14 16:57 | Report Abuse

The surprise part is from:

Oil and Gas
Oil and Gas division registered a revenue of RM12.2 million, representing an increase of
RM0.4 million, as compared to 1Q2016’s revenue of RM11.8 million. Its revenue was
mainly derived from vessels’ charter fees through Alanya Marine Ventures Sdn Bhd.

Its loss before tax stood at RM9.6 million in the current quarter as compared to 1Q2016’s
loss before tax of RM0.7 million. The loss was due to the share of loss of its associate
company, which vessels were off-hired due to temporary project deferments and adverse
weather conditions. The loss was attributed to the associate company having to continue
to incur charter fee and operation costs to maintain the vessels in the ready state of
deployment.

Posted by asriruslan > 2017-06-15 08:48 | Report Abuse

selling pressure still strong

Posted by Ezra > 2017-06-15 16:21 | Report Abuse

firehawk, which part you find surprising?
WTK ventured into O&G in the second half of 2014. If you recalled, that's when the O&G plunged.
Can only say their timing was terrible.

Posted by firehawk > 2017-06-15 16:30 | Report Abuse

Ezra, the surprise, of course is -ve surprice ... oil price fluctuates terribly and now WTI and Brent again ~@USD 45 .....

WTK all other sectors are good, except this sector and this sector eats up all the earnings .....

Posted by asriruslan > 2017-06-16 08:36 | Report Abuse

beware bearish mode

Posted by steveooikp > 2017-06-16 13:16 | Report Abuse

wtk so serious? OMG.

Posted by steveooikp > 2017-06-16 13:17 | Report Abuse

I m still holding at 1.08....

Posted by Hustle > 2017-06-16 14:12 | Report Abuse

The major problem is not oil or timber most vital one is too much wife

Posted by Ezra > 2017-06-16 15:00 | Report Abuse

@firehawk - As mentioned above, O&G division remain stalemate and incurred losses, until Petronas gives a nod on further expenditure.

O&G will not last low price indefinitely. 3 years has already passed.
As with any cycle, at some point of time, what comes down must go up.
Actually, the contribution of O&G is not so significant to WTK. Their main focus is timber division.

@hustle - And yes, I agree WTK is over-diversified. How I wish someone could advice the management in the AGM to restructure the company and cut down unprofitable business.

@steve - You should already knew this. It's in the annual report. I've even written about it.
How can you buy a stock without knowing about your stock?
It's like going to the hospital for an operation without checking the doctor's background.

Posted by Richshare > 2017-06-16 16:12 | Report Abuse

Timber tax hike by 6250% by July 1st, 2017 is one of the reasons

Posted by asdf > 2017-06-17 06:54 | Report Abuse

OTHERS W T K Holdings Berhad -Clarification on article appearing in The Edge Malaysia on 5 June 2017 entitled "Winding-up petition filed in bid to end WTK family feud"

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2766360

Posted by Johnmajor > 2017-06-17 12:29 | Report Abuse

This counter is worth to hold for long term investment.

Posted by steveooikp > 2017-06-19 11:47 | Report Abuse

88 sen... OMG.
wtk 88 sen... wtf

Posted by Bizfuneng > 2017-06-20 19:58 | Report Abuse

Good choice bases on asset play for long term.

Posted by ivan9511 > 2017-06-21 02:54 | Report Abuse

good enter now.
wtk got dividend got cash

Posted by Johnmajor > 2017-06-22 16:35 | Report Abuse

Is asset play counter, long term wise will be a good investment. Can buy and sleep sweet sweet at night.

Posted by Eagle_T > 2017-06-23 18:06 | Report Abuse

The Board of Directors of W T K Holdings Berhad is pleased to announce that the production figures of the Group for the month of May 2017 were as follows:

1. Log : 54,296 m3
2. FFB : 6,148.51 mt

This announcement is dated 23 June 2017.

Posted by ivan9511 > 2017-06-23 19:14 | Report Abuse

yes. finally back to stable

Posted by yfchong > 2017-06-26 17:54 | Report Abuse

awb n dp2 need to make monies else no eye see

Posted by yfchong > 2017-06-26 17:54 | Report Abuse

brunei thailand

Posted by Patron > 2017-07-25 10:17 | Report Abuse

Sarawak may need foreign investors to upgrade timber industry — Awang Tengah

KUALA LUMPUR: Sarawak Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the state may need to work with foreign investors to upgrade its timber industry.

“At the moment, most of the players in the timber industry are based in Sarawak. They are mostly involved in the upstream segment but are now going towards the downstream segment for plywood and other timber products.

“We would like to enhance the timber industry and our timber products. We may have to collaborate with other investors, especially from Japan, South Korea and China, which are the traditional buyers for the timber products,” he said yesterday at a press briefing on the 13th World Islamic Economic Forum (WIEF), which will be held in Kuching, Sarawak, from Nov 21 to 23.

He added that the state is also looking at expanding Sarawak’s furniture industry, which is still very small, despite the state’s abundant timber resources.

Awang Tengah said the state needs to start off with getting one renowned anchor company for the furniture industry to kick it off.

Besides developing the timber industry, Awang Tengah reiterated that the state is in the midst of a long-term transformation plan, which will also involve the manufacturing and tourism industries, as well as the setting up of a halal hub.

He added that the state government also plans to expand the oil and gas sector, with plans to turn Bintulu into a petrochemical hub.

Meanwhile, WIEF Foundation chairman Tun Musa Hitam said Sarawak was picked mainly for its drive to develop its digital economy, which was in line with the forum’s theme of “Disruptive Change: Impact and Challenges”.

“I’m very impressed with their emphasis on the digital economy because that’s the way to go. That’s the immediate future. We are now talking about artificial intelligence, driverless cars and all sorts of other things, and the focus has to be on the digital economy,” he said.

Awang Tengah added that Sarawak is going “full-gear” in preparing to embrace the digital economy, highlighting the fact that the state government had committed RM1 billion for ICT infrastructure upgrades.

“The mode of implementation [for the RM1 billion allocation] is still to be decided, but what is obvious is the commitment of the government to improve the ICT infrastructure,” he said.

“We are really looking forward to host the 13th WIEF in Sarawak. To me, this is a golden opportunity to promote Sarawak and what we can offer in relation to investment and business opportunities,” he added.

Posted by smartbeng > 2017-07-25 16:52 | Report Abuse

WTK this counter going to Goreng BOOM UP over RM1.45 SOON..Great NEWS come up soon

Posted by tssl74 > 2017-08-04 16:26 | Report Abuse

Are u certain smartbeng?
Tis counter has dropped so much & I'm so tempted to cut loss.

Posted by smartbeng > 2017-08-05 05:50 | Report Abuse

going long...timber and plantation sector next after technology

Posted by yfchong > 2017-08-05 14:10 | Report Abuse

Ezra.... How do you thing abt wtk

Posted by calvintaneng > 2017-08-07 11:46 | Report Abuse

Hohoho! Early Christmas coming for all who own Oil Palm shares

See in WTK Top 30 share holders

GRAND MASTER CHAMPION SIFU DR NEOH SOON KEAN IS IN TOP 30 SHAREHOLDERS

23. Neoh Choo Ee & Company, Sdn Berhad owns 3.67 million WTK shares

Posted by calvintaneng > 2017-08-07 12:12 | Report Abuse

Hohoho! Early Christmas coming for all who own Oil Palm shares

See in WTK Top 30 share holders

GRAND MASTER CHAMPION SIFU DR NEOH SOON KEAN IS IN TOP 30 SHAREHOLDERS

23. Neoh Choo Ee & Company, Sdn Berhad owns 3.67 million WTK shares


Note:

Why Dr. Neoh is Top Holders of WTK?

Answer:

If you look at the address of Neoh Choo Ee & Company it is located in Beach Street, Penang (Same address as Dynaquest Sdn Bhd.)

This was first highlighted to me by Johor Sifu.

Johor Sifu also invest in WTK shares like Grand Master Champion Sifu Dr Neoh

Posted by calvintaneng > 2017-08-07 12:22 | Report Abuse

And these news will boost WTK prices

1) Trump imposed 20% tariff on Canada soft wood export to USA
See https://www.cnbc.com/2017/04/24/us-to-impose-20-pct-duties-on-canadian-softwood-lumber-ross.html

2) Ongoing US Drought & Wildfire hampers Log production in Canada
Seehttps://www.bloomberg.com/news/articles/2017-07-10/raging-western-wildfires-hit-lumber-mills-mining-workers

3) On going Olympic 2020 in Tokyo will spur demand for WTK log export
See https://www.olympic.org/tokyo-2020

Posted by yfchong > 2017-08-13 03:51 | Report Abuse

long long.....

Posted by yfchong > 2017-08-14 11:41 | Report Abuse

london bridge is falling down fallung down....

Posted by yfchong > 2017-08-14 16:11 | Report Abuse

blood blood full cup or not

Posted by asriruslan > 2017-08-15 09:38 | Report Abuse

on the way to 0.80

Posted by yfchong > 2017-08-15 12:55 | Report Abuse

see you at 80 cts loh.

Posted by ivan9511 > 2017-08-18 12:47 | Report Abuse

no eye see.
810 .820

Posted by calvintaneng > 2017-08-21 14:54 | Report Abuse

WTK

WAH TELAH KAYA!!

THOSE FORTUNATE ONES WHO BUY WTK ALREADY LOCKED INTO DEEP VALUE.

NTA IS OVER RM2.80

CONGRATULATION!

Posted by yfchong > 2017-08-21 15:57 | Report Abuse

bro not so fast lah.... see the oil mill can kick start or not.... 2020 forest management onli harvest.....this 2 years... only tears......

Posted by Eagle_T > 2017-08-21 17:54 | Report Abuse

Finally, the oil mill start to produce crude palm oil.... Very good log and FFB production for July 2017.

The Board of Directors of W T K Holdings Berhad is pleased to announce that the production figures of the Group for the month of July 2017 were as follows:

1) Log : 59,442 m3
2) Fresh Fruit Bunches : 7,130.19 mt
3) Crude Palm Oil : 253.09 mt
4) Palm Kernel : 42.54 mt

This announcement is dated 21 August 2017

Posted by calvintaneng > 2017-08-21 23:20 | Report Abuse

WTK WILL BE GOOD ALL THE WAY.

TOKYO OLYMPIC WILL SPUR DEMAND

CANADA SOFT WOOD IMPACTED BY DROUGHT AND FIRE.

ONLY HILL TIMBER IN VOGUE.

WTK NOW WAH TELAH KAYA!

Posted by calvintaneng > 2017-08-22 12:03 | Report Abuse

CPO PRICES POWERING UP

Sep 2017 2727.00 2731.00 2717.00 2719.00 2720.00 2720.00 2703.00 +17.00 6401
299
14 FCPO Oct 2017 2712.00 2733.00 2712.00 2723.00 2724.00 2724.00 2703.00 +21.00 20510
924
15 FCPO Nov 2017 2721.00 2745.00 2721.00 2732.00 2733.00 2733.00 2711.00 +22.00 53894
7,775
16 FCPO Dec 2017 2726.00 2751.00 2726.00 2739.00 2740.00 2740.00 2717.00 +23.00 22365
1,728
17 FCPO Jan 2018 2731.00 2756.00 2731.00 2747.00 2749.00 2748.00 2723.00 +25.00 26157
2,088
18 FCPO Feb 2018 2750.00 2755.00 2748.00 2752.00 2754.00 2754.00 2729.00 +25.00 2469
774
19 FCPO Mar 2018 2751.00 2760.00 2750.00 2755.00 2757.00 2755.00 2731.00 +24.00 18489
107
20 FCPO May 2018 2754.00 2764.00 2750.00 2755.00 2758.00 2756.00 2734.00 +22.00 27814
280
21 FCPO Jul 2018 2731.00 2744.00 2727.00 2735.00 2736.00 2735.00 2713.00 +22.00 15354
405
22 FCPO Sep 2018 2703.00 2719.00 2703.00 2710.00 2711.00 2711.00 2687.00 +24.00 11080
657
23 FCPO Nov 2018 2699.00 2715.00 2699.00 2705.00 2707.00 2707.00 2684.00 +23.00 13057
628
24 FCPO Jan 2019 2720.00 2723.00 2716.00 2716.00 2717.00 2716.00 2704.00 +12.00 1316
69
25 FCPO Mar 2019 2730.00 2730.00 2724.00 2723.00 2724.

Posted by calvintaneng > 2017-08-22 12:09 | Report Abuse

Another Side Kick News

LOG PRICES GOING UP IN EVERGREEN REPORT

See

Consolidated profit before tax
For the current year to date, the Group’s revenue has increased by 3.1% or
RM15.45 million to RM508.48 million, as compared to RM493.03 million for the
corresponding period last year. The increase in revenue was due to higher average
selling price as the Group emphasis more on high premium products.
Profit before tax was registered at RM27.49 million for the current year to date,
decreased by 40.2% or RM18.51 million compared to profit before tax of RM46.00
million recorded in the corresponding period last year. The decrease in profit was
mainly due to higher log and glue cost and scheduled plants shut down for
maintenance during the Ramadan festive period.



DID YOU READ THE PHRASE

due to higher log and glue cost

HIGHER LOG COST

GOOD FOR WTK!!!!

Posted by calvintaneng > 2017-08-22 12:37 | Report Abuse

More good news

http://www.theedgemarkets.com/article/palm-oil-may-gain-more-2744-ringgit

Posted by yfchong > 2017-08-22 13:19 | Report Abuse

fall back is oil n gas.. awb charter.... see got damage or not others r good

Posted by yfchong > 2017-08-22 15:44 | Report Abuse

log price see bramudi index... palm oil see mpob... loytape... buy the product n use.... awb see petronas... ok boh..