Posted by Up_down > 2018-04-03 19:16 | Report Abuse

What important is timber industry facing shortage of wood products and WTK is able to maintain log production level. Prices of logs and plywood keep increasing for the past few months. No worry on strengthening of RM.

Posted by yfchong > 2018-04-03 19:38 | Report Abuse

Bro up down..... u r here....

Posted by Up_down > 2018-04-03 19:46 | Report Abuse

Yfchong. WTK has dropped to ridiculousl level or price back to 10 years ago ....I pressed so many times BUY button. Good timber prices plus huge growth potential in CPO production. No worry much to buy at this level.

Posted by apolloang > 2018-04-03 20:34 | Report Abuse

BAT drop to the price of over 15 years ago.many penny stocks hit lows never seen before

Posted by Up_down > 2018-04-03 21:11 | Report Abuse

Price hit all time low but prospect is bleak so I don’t dare to buy. On the other hand, price hit all time low but its business starting turnaround so I simply close my eyes press buy batton.

Posted by apolloang > 2018-04-03 21:17 | Report Abuse

no all time low lah.....wtk change name from samanda,during the 90's this stock 30cts also got

Posted by Jon Choivo > 2018-04-03 21:38 | Report Abuse

This looks interesting.

Posted by yfchong > 2018-04-03 21:44 | Report Abuse

The oil palm is young.... forest plantation abt to harvest.... plywood asp better now....... these r all plus points.... I am fr ikan bills grp.... no worry. I no estimate kau kau.. just conservative timber 32 mil, manufacturing 7 mil... oil palm... 6 mil I.e. Badly manage like NSOP... so work out eps 10 cts... pe 8x...... for this condition...

Posted by ipodkaki > 2018-04-03 23:46 | Report Abuse

Your Sarawak boss Abang keeps raising the log/timber industry tax and fee, probably seeing lumber future hikes like crazy in the past 6 months.
I have to agree that WTK have potentials on palm oil. However, I think they need to better organize and plan on their Singapore manufacturing business. It is not growing at all and while they own some precious land over there, why not expand over there? If not just sell it la, it worth tonnes of dollar.

Posted by Up_down > 2018-04-04 13:01 | Report Abuse

Plantation segment has returned to the black after they started operating new palm oil mill. No more preoperation expenses due to setting up as incurred last year. Its 11,800 hectar planted palm oil will be maturing gradually in the next few years.

Timber segment will be contributed positively to WTK as asp trending upward due to shortage of logs. But it would be a liability to TAAN, Subur and Jtiasa in short term as they have slashed log production in the past few months.

We can ignore WTK other business segment since contribution don’t have much impact to its bottom line.

Posted by ipodkaki > 2018-04-05 01:14 | Report Abuse

Will extend drop to 10 sen

Posted by tssl74 > 2018-04-09 15:08 | Report Abuse

price is moving slightly. Any update?

Posted by ipodkaki > 2018-04-13 05:15 | Report Abuse

lumber future is now all time high ($530) in the history (It was close to $500 during 1990s), I really don't understand why no one buying all the timber stocks.

Posted by tkt66 > 2018-04-14 16:12 | Report Abuse

hi ipodkaki, may I know where and how to get that figure? RM530 per cubic meter?

Posted by ipodkaki > 2018-04-16 13:04 | Report Abuse

Tkt66, USD and yes per cubic meter. Lumber future.

Posted by abcde12345 > 2018-04-16 13:06 | Report Abuse

every good!

Posted by Jessie Ng > 2018-04-16 13:47 | Report Abuse

amazing!!!

Posted by jordanmaggie61 > 2018-04-16 14:29 | Report Abuse

fantastics

Posted by tkt66 > 2018-04-17 20:48 | Report Abuse

ipodkaki, thanks for the info.

Posted by JackPoh > 2018-04-22 22:23 | Report Abuse

黄传宽机构新加坡官司裁决 马惠芳申请清盘失败
http://news.seehua.com/?p=357846

Posted by yfchong > 2018-04-28 12:43 | Report Abuse

neoh choo ee co has ceased to be largest shareholders top 30.......sad

Posted by Diamond7 > 2018-04-28 14:49 | Report Abuse

Yes....so sad!

Posted by yfchong > 2018-04-29 20:30 | Report Abuse

Bro Diamond7..... ada ho sieh.......? Which sector r u in now...

Posted by ipodkaki > 2018-05-14 09:49 | Report Abuse

I din know wtk is harapan stock

Posted by calvintaneng > 2018-05-25 18:37 | Report Abuse

WHOA!!!

FANTASTIC RESULT FOR WTK!!

WAH TELAH KAYA!!!

Posted by pow_kor > 2018-05-25 18:40 | Report Abuse

huat ah

Posted by beso > 2018-05-25 19:08 | Report Abuse

wtk may open at limit up next monday due to its unexpected shot up in q1 net profit

Posted by apolloang > 2018-05-25 19:27 | Report Abuse

cannot up a lot,read the a/c properly

Posted by yfchong > 2018-05-25 22:47 | Report Abuse

susah-lah... timber koyak, plantation koyak...

Posted by yfchong > 2018-05-26 08:35 | Report Abuse

no harapan...

Posted by calvintaneng > 2018-05-26 12:28 | Report Abuse

WTK IS AN ASSET PLAY.

SEE JERASIA IS ALSO AN ASSET PLAY.

JERASIA PRICE UP 7% DUE TO ASSET DISPOSAL.

ANOTHER ONE IS TA ENTERPRIZE. IT HAS EARNINGS AND GOOD DIVIDENDS.

ABOVE ALL TA IS AN ASSET PLAY.
NEXT WEEK TA WILL REPORT BETTER EPS DUE TO ASSET DISPOSAL. SO TA WILL BE EXPECTED TO JUMP IN PRICE ALSO.

Posted by beso > 2018-05-26 14:42 | Report Abuse

too quick conclusion yesterday
true is w/o the one off gain wtk is in deep shit
avoid this counter
KUALA LUMPUR: WTK Holdings Bhd swung to a net profit of RM63.18mil for the first quarter ended March 31, 2018, from a net loss of RM4.28 million a year earlier mainly due to a RM120.23mil gain on the deconsolidation of a wholly-owned subsidiary.
Revenue fell to RM183.23mil from RM209.52mil previously as it recorded lower timber sales due to shortage of quality logs.

Posted by didi2005 > 2018-05-26 15:34 | Report Abuse

The Group recognised a gain on deconsolidation amounting to
RM120,234,000 and recognised write-off of the allowance for impairment loss of RM35,273,000 in respect of amount owed from AMV. As such, the net effect of the above resulted in a gain of RM84,961,000.

Continuing Operations Q1 2018:
Revenue PBT
Timber 149,733 (13,702)
Plantation 17,234 (7,625)
Manufacturing 9,052 768
Trading 6,772 470

NTA dropped from Q12016 RM2.90 till Q12018 RM2.15...

Short term both timber & plantation not looking good...

Posted by sherlock > 2018-05-28 02:45 | Report Abuse

sabah ban timber export recently and this should benefited sarawak timber counter,especially WTK.this was because WTK was the only sarawak timber company that able to sustain timber production for the past 1 year,while others like jtiasa and taann was suffered huge drop in timber production.

thats why WTK was the only timber stock in my portfolio at this junction.

Posted by sherlock > 2018-05-28 02:47 | Report Abuse

they do manage timber business quite well,USD stop falling bode well for WTK too.

Posted by ipodkaki > 2018-05-28 09:12 | Report Abuse

Sherlock, no they don't manage their timber business well. In fact, pretty bad, lumber price has been top in q1 2018 at 500 USD, while their monthly log production hit 85,000 in March, yet they said it is due to lack of 'quality' log, they still lost 17 million in lumber. This is unacceptable and something is fishy.
After holding and average down for 2 years, I have offload a lot this morning thanks to some people who bought in the beginning. Lost a ~4% but its okay. I can't trust the management anymore.

Posted by yfchong > 2018-05-28 13:21 | Report Abuse

they should make 7mil per Q fr timber... else is difficult at the peak lumber price...

Posted by kimi21 > 2018-05-28 14:41 | Report Abuse

How good TA or FA also useless, their management really too bad..

Posted by yfchong > 2018-05-28 23:37 | Report Abuse

this round ?....... 1Q.... report card is bad..

Posted by yfchong > 2018-06-03 12:15 | Report Abuse

with land banj 12.5 planted can make abt 4 to 5 mil per q... really cry

Posted by ipodkaki > 2018-06-07 13:45 | Report Abuse

yfchong you are still holding? Sell earlier is better with this horrible management. I sold all of my shares after the QR

Posted by yfchong > 2018-06-10 12:34 | Report Abuse

I am still holding....

Posted by Up_down > 2018-06-11 12:13 | Report Abuse

It's an unexpected lackluster QR due to timber segment shortage of quality logs for production and fulfillment of backlog orders. Hopefully, no more such funny reasons in next QR. WTK has turned into a net cash company 11 cents per share (deducted payable ) after de-consolidation O & G segment.

Posted by Buylowselllower > 2018-06-12 09:53 | Report Abuse

Bought little share yesterday and today
59.5 sen and 59 sen , timber industry downtrend few year already, hopefully time to awake....

Posted by lching > 2018-06-12 12:36 | Report Abuse

all time low i think

Posted by Chua See How > 2018-06-12 16:41 | Report Abuse

Lumber price start drop back already

Posted by pow_kor > 2018-06-13 18:24 | Report Abuse

further increase in export prices of plywood seen

Posted by Buylowselllower > 2018-06-19 19:45 | Report Abuse

New low again, WTK shareholders really panicking, buy low sell lower? Never ending cycle... Bought another little share 57 sen and 57.5 sen.

Posted by FamousAmos > 2018-06-19 19:48 | Report Abuse

TanEnd research house issued but call at Rm 1.2

Posted by steven223838 > 2018-06-26 16:23 | Report Abuse

AGM today.any info shared?