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?

Posted by Buylowselllower > 2018-07-19 16:56 | Report Abuse

Today share price up 3.5 cent (+ 6% )
Some investors is interested in WTK.....

Posted by asriruslan > 2018-07-20 08:52 | Report Abuse

time for wtk come back

Posted by asriruslan > 2018-07-20 08:53 | Report Abuse

start monitor and buy slowly

Posted by Jon1036 > 2018-07-20 11:37 | Report Abuse

any target price fotr this share?

Posted by fzank > 2018-07-23 11:02 | Report Abuse

oversold gem ...

Posted by calvintaneng > 2018-07-24 09:47 | Report Abuse

WTK THE OVERLOOKED TIMBER STOCK IN THE SUDDEN INTEREST IN FURNITURE STOCKS, Calvin Tan Research

Posted by calvintaneng > 2018-07-24 09:47 | Report Abuse

1) At 60 sen with NTA of Rm2.15 WTK is selling at a Huge Discount of 73% Discount to NTA.

This is more than twice the Margin of Safety required by Ben Graham (Note: Calvin follows the Columbia School of Thoughts in Investment. SAFETY FIRST. Then only expect a profit. In other words, "Not to lose money" as propounded by Ben's Best Student called Warren Buffet

Posted by calvintaneng > 2018-07-24 09:48 | Report Abuse

2) ASSETS OF WTK ARE OF REAL VALUE. SOME OF IMMENSE VALUE



WTK Assets are Rock Solid.



2 ASSETS IN SINGAPORE PIQUED MY INTEREST ESPECIALLY AS I LIVE IN SINGAPORE

No. 86 * Tagore Lane Industrial Estate 11,354 sq.ft. Freehold

Land with office & warehouse 30 September 1983 ( 34 years) Rm4,080,000



A search in Singapore Propertyguru reveals 9 factories for sale in Tagore Lane

Of the 9 this is the biggest in land scarce Singapore

It is 4,176 sq ft with asking price of S$2,980,000 or S$713.60

Current Conversion Rate from Sg to Rm is S$1.00 to Rm2.97



So S$2,980,000 x 2.97 = That's Rm8,850,600



Now Look At WTK assets again

It is 11,354 sq ft Book Value is only Rm4,080,000



Now this was 34 year ago prices when WTK bought this factory?

What is the exact Value Now

So

11,354 x 713.60 x 2.97 = Rm24,063,576



So WTK Assets in Singapore Current Value is 6 X more



That is the IMMENSE HIDDEN VALUE OF WTK ASSETS

What about Its Business?

Posted by calvintaneng > 2018-07-24 09:48 | Report Abuse

3) WTK IS MORE TIMBER THAN PALM OIL

SO THE CURRENT FURNITURE CRAZE WILL ALSIO LIFT UP WTK IN A MATTER OF TIME

FURNITURE COMES FROM TIMBER OR LOGS. OF WHICH WTK HAS MANY MANY & MANY MORE

ONE OF THE LARGEST TIMBER PLAYER IN SARAWAK

Posted by calvintaneng > 2018-07-24 09:48 | Report Abuse

4) ANOTHER GOOD NEWS IS SARAWAK GOVT FOLLOWS SABAH TO BAN NEW LOGGING LICENSES FOR LOG EXTRACTS

THIS IS VERY GOOD FOR WTK PLYWOOD INDUSTRY JUST LIKE WHAT SABAH DID FOR EKSONS

Posted by calvintaneng > 2018-07-24 09:49 | Report Abuse

S’wak govt to stop issuing new timber licenses – CM
July 18, 2018, Wednesday Karen Bong




The Sarawak government will continue to stop the issuance of new timber licences in all out efforts to protect and retain the remaining indigenous virgin jungle in the state.

Chief Minister Datuk Patinggi Abang Johari Tun Openg stressed that the vast tracts of the forest have already been logged and it was very difficult to restore them.

“Worse still is the stripping of the forests of all their vegetation by plywood factories operating deep in the forests, ostensibly to clear the land for the planting of oil palm,” he told the august House in his winding up speech at the State Assembly Sitting today

“As such, therefore, there will be no more new palm oil plantation licences except for NCR (Native Customary Rights) land,” he pointed out.

The state government, he added, will continue to fight illegal logging.

“Not only are they just stealing timber in areas which are not licensed to them, but they are also intruding into forest reserve areas,” he said.

“If unchecked, we may have no more forest reserves of any kind, fully protected or otherwise. We must protect our protected forests if we want to retain any of our indigenous virgin jungle,” he added





WTK HAS BEEN GIVEN SOLE RIGHTS FOR MANY TIMBER CONCESSIONS. IT IS ALMOST A MONOPOLY WITH TAANN & IN SMALL MEASURE JTIASA



CALVIN FIRST CALLED FOR A BUY ON WTK (WAH TELAH KAYA) AT ABOVE RM1.10



PRICE HAS NOW FALLEN BY A HUGE 45% DISCOUNT

ITS LOSSES FROM OIL & GAS MISADVENTURE NOW OVER

JUST LIKE CALVIN ISSUED BUY CALL ON MEDIA AT RM1.00

THEN CALVIN ISSUED EVEN STRONGER BUY CALL ON MEDIA AT 28 SEN (NOW ALMOST REBOUNDED TO 60 SEN UP BY MORE THAN 100% FRIOM ITS LOWS)



NOW CALVIN ISSUES A SCREAMING BUY FOR WTK