1) WTK (82 sen) Intrinsic Value Rm2.80. Target Price Rm1.60
This bombed out Timber/Oil Palm Stock is now near all time low.
Family dispute, low timber/cpo prices impacted its prices. So WTK is totally oversold. Time to load up for these reasons. CPO prices now moving up. WTK selling at deep discount of NTA at over Rm2.80. Dr Neoh Soon Kean is also in Top 30 Share Holders of WTK. Other catalyst are a) Canada Softwood impacted by drought & fire. b)Tokyo Olympic 20202 will spur logs/plywood sale.
Actually what is the reason why they are making a loss in O&G? Are they lacking the experience? not competent team? or just general downtrend of O&G sector? Anyway can answer this? Thanks.
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
5,942 posts
Posted by yfchong > 2017-09-21 11:43 | Report Abuse
want to press press kau kau straight to 0.60.