WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.46

Today's Change

-0.03 (6.12%)

Day's Change

0.45 - 0.49

Trading Volume

2,164,200


17 people like this.

6,294 comment(s). Last comment by calvintaneng 4 hours ago

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

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

asriruslan

2,081 posts

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

time for wtk come back

asriruslan

2,081 posts

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

start monitor and buy slowly

Jon1036

30 posts

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

any target price fotr this share?

fzank

1,537 posts

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

oversold gem ...

calvintaneng

55,447 posts

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

calvintaneng

55,447 posts

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

calvintaneng

55,447 posts

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?

calvintaneng

55,447 posts

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

calvintaneng

55,447 posts

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

calvintaneng

55,447 posts

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

calvintaneng

55,447 posts

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

Post removed.Why?

yfchong

5,812 posts

Posted by yfchong > 2018-07-24 15:54 | Report Abuse

the gem is kelampayan. acaccia n hybrid... trees.... if falls 1000 ha... how nice.m

Posted by LearnInvest > 2018-07-24 19:38 | Report Abuse

People have bad perceptions about logs. Wood industry is dull. Be environmental friendly.

yfchong

5,812 posts

Posted by yfchong > 2018-07-24 23:29 | Report Abuse

It is planted... need certificate...

asriruslan

2,081 posts

Posted by asriruslan > 2018-07-25 09:26 | Report Abuse

come on wtk slow and steady

Jon1036

30 posts

Posted by Jon1036 > 2018-07-25 11:41 | Report Abuse

any upside for this counter?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-25 11:41 | Report Abuse

profit kuat kuat hehehe

calvintaneng

55,447 posts

Posted by calvintaneng > 2018-07-25 11:42 | Report Abuse

VERY GOOD

TIMBER PROSPECT GETTING BRIGHTER DUE TO

1) TRUMP RAISING USD50 BILLIONS AGAINST CHINA FURNITURE WILL SPUR BUYING FROM MALAYSIA

2) JAPAN OLYMPIC 2020 SEES UPTICK OF DEMAND FOR PLYWOOD AS PLYWOOD IS FOR FORMING OF CONCRETE

3) HURRICANES IN USA DEVASTED HOUSES WHICH NEED REBUILDING

4) FOREST FIRES IN CANADA SCARRED TIMBER

5) TOTAL AGGREGATE DEMAND FOR TIMBER INCREASING DUE TO WORLD POPULATION GROWTH

6) AND INTERNAL BOOSTER DUE TO SABAH GOVT BANNING LOG EXPORT AND SARAWAK STOPPED ISSUEING PERMIT FOR LOGGING COMPANIES

WHILE THESE FUNDAMENTAL CHANGES ARE OCCURING WTK PRICES REMAIN CHEAP AND UNLOVED

HENCE THE OPTIMISM!!

DOWN SIDE IS LIMITED AND UPSIDE IS IMMENSE

THE RISK TO REWARD FACTOR FAVOURS WTK NOW

toypoodle

183 posts

Posted by toypoodle > 2018-07-25 12:02 | Report Abuse

It will explode further once family dispute is settle over the nxt few months

Posted by Ser Wei Lun > 2018-07-25 13:21 | Report Abuse

Can settle ma?

calvintaneng

55,447 posts

Posted by calvintaneng > 2018-07-26 09:02 | Report Abuse

The Family Dispute plus the misadventure in O&G and also the selling out of one Malay Director have combined to cause the Oversold of WTK shares far below its Real Instrinsic Value

Hence Deep Value Has Emerged

This is the best of time to buy while still so cheap

calvintaneng

55,447 posts

Posted by calvintaneng > 2018-07-26 09:03 | Report Abuse

WTK has these:

1) NTA OF DEEP VALUE ASSETS. WTK BOUGHT REAL ESTATE LONG AGO FOR
ITS MASKING TAPE BUSINESS IN PENANG AND SINGAPORE

2) THESE ASSETS HAVE NOW APPRECIATED IN VALUE BY 5X TO 6X OVER THE YEARS. IF REVALUED WTK NTA SHOUD RISE ABOVE RM3.00

3) AFTER O&G WRITE OFF THE BALANCE SHEET OF WTK STILL REGISTER ABOVE 30 SEN NET CASH

SO WTK NOW HAS BIG MARGIN OF SAFETY AND LITTLE DOWNSIDE

ITS UPSIDE WILL BE SPURRED BY PLYWOOD DEMAND FROM JAPAN OLYMPIC

AND LOGS DEMAND FROM INDIA

ALSO IN WAITING IS THE FIRST HARVEST OF OWN GROWN FOREST PRODUCTS BY YEAR 2020 WHEN THEY MATURE

WVB 68

163 posts

Posted by WVB 68 > 2018-07-26 09:06 | Report Abuse

WCT控股是丹斯里林晓春控制的建筑及产业发展公司,手上有多座商场管理。但是由於林晓春和前首相纳吉关系太好,变天之後,WCT控股遭到市场疯狂抛售,股价跌得很惨。

林晓春是在去年以每股RM2.50本钱,向WCT控股创办人买下控制股权,现在的账面亏损相当惊人。

不过林晓春在WCT控股大跌时,仍进场吸购,加码WCT。

这都是前事,最新的发展就是WCT控股连赢两场官司。

第一场官司是迪拜官司,12亿令吉赔偿金将到手。

第二场官司是和永旺(AEON)於巴生武吉丁宜AEON MALL的租约官司。

二场官司赢下来,有利WCT控股接下来的业绩,同时,和永旺官司了结後,WCT控股将重新推动将旗下购物商场以REIT产业信托方式,於大马股票交易所IPO上市。

再总结WCT控股股价可能逆袭的三个细节:
一, 赢得迪拜索赔官司,12亿令吉赔偿金或到手。
二, 赢得AEON MALL官司,AEON将开始付每股242万令吉租金。
三, 林晓春继续在公开市场买进,同时WCT将推动将购物商场以REIT方式IPO上市。

calvintaneng

55,447 posts

Posted by calvintaneng > 2018-07-26 09:09 | Report Abuse

AND STRONG WINDFALL IS THE TARIFF OF USD50 BILLIONS RAISED AGAINST CHINA FURNITURE EXPORT TO THE US WHICH WILL TURN BUYING TO MALAYSIAN TIMBER EXPORT WHICH WILL BE CHEAPER BY COMPARISON

ALL THESE ARE NEW POSITIVE TURN OF EVENT FOR WTK

niet

779 posts

Posted by niet > 2018-07-26 12:21 | Report Abuse

Why director alfian selling shares

calvintaneng

55,447 posts

Posted by calvintaneng > 2018-07-26 20:36 | Report Abuse

niet



Due to family feud of Wtk bosses i think alfian is fed up so he is disposing. Or he might have his own reasons.

Last time YTL indian insider also sold around YTL Cement around Rm2.40 due to some unknown reason. But Ytl eventually took Ytl Cement private more than double the price. Since alfian is selling....hold back purchase first if you are afraid. Maybe you can collect cheaper.

niet

779 posts

Posted by niet > 2018-07-31 15:53 | Report Abuse

Tq Calvin Tan Eng. Good to hear your opinion.

dompeilee

11,888 posts

Posted by dompeilee > 2018-08-21 16:16 | Report Abuse

dompeilee Bought another batch @ 69c, lower than 2009 crisis low, making 15,000 so far. Thank you distressed sellers! :)
20/12/2017 09:43

Collected more @ 57c & 55.5c just before the ex-dividend date so am happy today =)

Diamond7

2,304 posts

Posted by Diamond7 > 2018-08-21 16:18 | Report Abuse

Mooooving up..up .up..Liao!
Confidence restored!

yfchong

5,812 posts

Posted by yfchong > 2018-08-21 21:58 | Report Abuse

Bro diamond also here

dompeilee

11,888 posts

Posted by dompeilee > 2018-08-23 09:37 | Report Abuse

Still moooving up...last call to board! =)

paperplane

21,628 posts

Posted by paperplane > 2018-08-23 16:53 | Report Abuse

if im not wrong, below is production
2018
Jan-18 Log : 57,838 m3, FFB:6,508.13 mt
Feb-18 Log : 50,882 m3, FFB:4,318.33 mt
Mar-18 Log : 86,029 m3, FFB:6,934.11 mt
Apr-18 Log : 55,067 m3, FFB:7,148.62 mt
May-18 Log : 57,377 m3, FFB:7,607.07 mt
Jun-18 Log : 54,831 m3, FFB:6,704.21 mt
Jul-18 Log : 83,066 m3, FFB:7,623.78 mt

yfchong

5,812 posts

Posted by yfchong > 2018-08-26 18:43 | Report Abuse

Long story.... Log... Plywood... Cpo

dompeilee

11,888 posts

Posted by dompeilee > 2018-08-30 19:01 | Report Abuse

Uptick in qtrly results again...first RISE in NTA in many quarters!!! =)

ivan9511

3,854 posts

Posted by ivan9511 > 2018-08-30 19:09 | Report Abuse

wa . results so good .
net profit . really impressive
many big famous plantations company made net loss this round including kwantas and other famous big big company
but Wtk this time net profit .
seem can sapu .
better than jtiasa . taan . swplant . thplant .bplant gp and other big big plantation

yfchong

5,812 posts

Posted by yfchong > 2018-08-31 15:19 | Report Abuse

Disappointed. This annual budget miss

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-09-06 15:56 | Report Abuse

Latest profits reduced by 98%. Common sense tells you it is crap, lousy results. 25c can buy then. Kikiki

Posted by jordanmaggie61 > 2018-09-07 11:43 | Report Abuse

Good stock, make huge profit !

yfchong

5,812 posts

Posted by yfchong > 2018-09-09 08:22 | Report Abuse

Poor log results

yfchong

5,812 posts

Posted by yfchong > 2018-09-11 09:16 | Report Abuse

Bro Calvin any pointets

yfchong

5,812 posts

Posted by yfchong > 2018-09-29 22:07 | Report Abuse

Blood bath

Johnmajor

260 posts

Posted by Johnmajor > 2018-10-15 11:07 | Report Abuse

Wong family really have to clear up their family mess ASAP. This is not fair to minority shareholders.

Posted by Buylowselllower > 2018-10-17 15:12 | Report Abuse

WTK shareholders still want sell out share even below 50 sen .... All shareholders join together paper loss...

Johnmajor

260 posts

Posted by Johnmajor > 2018-10-18 15:30 | Report Abuse

NTA is over RM2.00 and latest share price is RM0.48. If i am the owner this is the best time to accumulate their own share. The only problem is family in-fighting has brought the company to it's knee. How to sail a ship unscathed through a trouble water if the officers manning the bridge are fighting each other? The board and the major shareholder need to clear this mess. Wong Family is a prominent family in Sarawak and also Malaysia, they should lead by example rather than letting this once glorious company to dilapidate in their own hands.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-10-18 17:52 | Report Abuse

Yar Jordan Maggie, I invite you to buy more like Kyy..hehe...kikiki

Johnmajor

260 posts

Posted by Johnmajor > 2018-10-18 20:13 | Report Abuse

No point buying more for outsiders if you can't get a board seat. Seeing the family squabble from outside the board room and can't do anything.

yfchong

5,812 posts

Posted by yfchong > 2018-10-28 07:51 | Report Abuse

Cepat Cepat.... Clear..

yfchong

5,812 posts

Posted by yfchong > 2018-11-18 11:17 | Report Abuse

Palm oil die.... log also die Now ...... die die

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