WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.47

Today's Change

0.00 (0.00%)

Day's Change

0.47 - 0.475

Trading Volume

47,100


17 people like this.

6,315 comment(s). Last comment by Ytl2023 16 hours ago

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:37 | Report Abuse

Malaysia Palmoil likely to do well loh...!!

Posted by AlexChiaWS > May 16, 2020 4:37 AM | Report Abuse

KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely trend higher next week on expectations of higher demand from India and China, as Malaysia has lowered its export duty on palm oil to zero per cent for June, the Malaysian Palm Oil Board (MPOB) said.

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:38 | Report Abuse

Why must buy WTK leh ??

It is opportunity all the star is online mah...!!

Posted by calvintaneng > Jun 12, 2020 9:36 AM | Report Abuse

Wahaha

I added more today

Wtk was engineered to go down due to internal squabble

Long ago KFC also got swabble

Jcorp took private KFC one day

Wtk like Weida could be privatised

Long ago Calvin also bought Weida around 30 plus sen and later Weida was taken private at Rm2. 20

Sifu Dr Neoh Soon Kean sold his TDM but keeping Wtk realty

Coldeye also sold his jtiasa

Sifu Dr Neoh holding Wtk tightly

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:38 | Report Abuse

The director is willing to buy 37 sen and now it is 36.5 sen it is a bargain buy mah...!!

This is a good indicator to buy & buy more loh...!!

Posted by calvintaneng > Jun 12, 2020 7:32 PM | Report Abuse

Very good latest news

Director bought 300,000 Wtk shares from open market at 37 sen

DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370



This is the highest amount and the highest price since March 10 the 2020

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:39 | Report Abuse

Why Wtk is likely to do much better than Rsawit leh??
This is bcos Wtk is very cash rich mah...!!


Posted by calvintaneng > Jun 13, 2020 11:14 PM | Report Abuse

Mikey mouse is completely brainless and clueless why do Wtk bought out 11,000 Acres lands near Miri from r sawit and rsawit did not make money from its own plantations

Reasons are these

1. Rsawit has almost Rm500 millions debt bomb like Mikecyc bankrupt zelan

2. Rsawit made Rm6 millions profits but Bank interest is also Rm6 millions totally eaten up all profits plus registered a loss due to operating cost

If not for such horrendous debt Rsawit world have made a tidy profit

3. Rsawit is forced to sell the over 11,000 acres land adjoining Wtk plantation lands because only Wtk will buy them as they are only suitable for Wtk their next door neighbour

4. Cash rich Wtk seeing their plight bought over Rsawit lands for only Rm7.7 K per acre. Market value about Rm23 K per acre

5. Wtk only pay 1/3 for the lands at fire sale prices

6. Rsawit sold in distress
Wtk got a great bargain

7. Seeing the great prospects of Wtk insider boss of Wtk loaded another 300,000 Wtk shares from open market for 37 sen

Calvin now calling all friends to sapu all cheap Wtk shares at only 36.5 sen

This is the best and cheapest bargain in all of Klse now!!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:39 | Report Abuse

If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!

U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!

Posted by Mikecyc > Jun 14, 2020 10:06 AM | Report Abuse

Brunei people come to Miri to shopping and entertainment during weekend. Miri people will drive to Brunei to enjoy cheaper Sushi , and top up petrol which is cheaper.

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:40 | Report Abuse

Timber is cyclical mah....!!

Today down....tomorrow will be up mah...!!

U cannot keep timber price low for long mah...!!

When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!

Wtk is ready mah...now they just curtail production to conserve resources mah...!!

Posted by Mikecyc > Jun 14, 2020 11:22 AM | Report Abuse

Lumber decreased 52.10 USD/1000 board feet or 12.81% since the beginning of 2020, 354.60 USD/1000 board feet
according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.


Lumber is expected to trade at 332.30 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trader at 273.47 in 12 months time.

The lowest ard MCO time is about USD 250 .

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:41 | Report Abuse

In short Wtk is a screaming buy with very positive catalyst loh..!!

We invest because of Catalysts !!!

Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax

Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again

Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.

Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise

Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen.
Very very very safe stock unlike so many loaded with high debt

In short, Wtk has all the safety margin and great prospect going forward

And best of all the price is screaming out with Value

In a nutshell u cannot go wrong investing in WTK why ??

1. It has net cash of Rm 371m even more than topgloves
2. It has more prudent acquisition on its neighbour plantation increasing its ha size and most importantly enhancing its efficiency mah....!!
3. The palmoil price has started rising.
4. The timber price has stabilise & recovery
5. Its listed tape business under listed subsidiary CIC is doing well with covid19 social distancing.
6. Govt incentive on house buying will boost demand for plywood loh..!!
7. Most importantly the CEO of WTK has started buying a positive vote of confidence mah...!!
8. The company has been doing aggressive share buy back recently.
9. Wtk has declare a dividend of 1 sen giving a 3% pa dividend yield.
10. Its NTA is more than rm 2.00 loh....!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:41 | Report Abuse

Yes buy Wtk for its future cpo increasing output due to palm trees maturity plus increase hectarage and increase in price, and also please remember there is a palm oil mill too...which wtk can benefit efficiently too.

That means wtk benefits from increasing palm output plus increase in milling profit mah...!!

A double happiness profit for wtk mah...!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:42 | Report Abuse

Totally agree mah...!!

This is the best time loh....!!

The director bought 37 sen and u r buying 36.5 sen mah...!!

Very strong buy mah..!!

Posted by bulldog > Jun 14, 2020 11:48 AM | Report Abuse

Accumulation time

Huat chaiii..

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:42 | Report Abuse

Instead of chasing growth like hot gloves sector...it is time we look into contraian cheap deep undervalue stocks like WTK to diversify your risk profile mah...!!

Wtk potential return may not be less than any gloves stock going forward bcos of its deep undervaluation & margin of safety mah...!!

Posted by stockraider > Jun 14, 2020 11:59 AM | Report Abuse X

WTK business is cyclical in palmoil & timber mah....!!

The safest to buy & make big monies, is when it is in cyclical low u make the purchases and it is now the recovery stage mah...!!

Your return will be very high...i may not be very surprise, if u can even beat the glove stocks return loh....!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:43 | Report Abuse

Big profit can also be make if we take the contraian view instead of acting like herd chasing the popular stock.

We need to take a step back & act differently from the crowd mah...!!

In short, Wtk has all the safety margin and great prospect going forward

And best of all the price is screaming out with Value

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:45 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:46 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:46 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:47 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:48 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:49 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-14 20:51 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 20:59 | Report Abuse

Timber is cyclical mah....!!

Today down....tomorrow will be up mah...!!

U cannot keep timber price low for long mah...!!

When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!

Wtk is ready mah...now they just curtail production to conserve resources mah...!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-14 21:01 | Report Abuse

If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!

U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!

alexsoto

44 posts

Posted by alexsoto > 2020-06-14 21:42 | Report Abuse

The recent technical does not show any strength for price climb, if the fundamental is good as informed, there is bound to be selloff tomorrow i presume to cement the price growth potential mid term

calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-14 22:44 | Report Abuse

Not recent technical

See beyond that

See these

1. See that Texchem has pivoted into glove latex and nitrile chemical due to the Upturn of Glove demand like never before

Orders for gloves in Topglove are solidly locked in for next 400 days. More than enough time for Texchem to convert half billion ringgit production of glove chemicals in big way.

Govt changing rule for Foreign Fdi in giving up to 15 years tax free status
This will add value to Texchem huge assets in industrial lands warehouse and factories

Crash of crude oil will add even more profit since march 2020

So look at the future game changer

If only people saw what i see ahead in early april 2020 when supermax was only Rm1. 73

calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-14 22:56 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 00:14 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 00:15 |

Post removed.Why?

calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-15 00:18 | Report Abuse

POWERFUL GAME CHANGERS FOR WTK IN PHOTOS (PART ONE: E COMMERCE USING TAPE & COVID 19 USING FLOOR MARKING TAPE, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-15-story-h1508786974-POWERFUL_GAME_CHANGERS_FOR_WTK_IN_PHOTOS_PART_ONE_E_COMMERCE_USING_TAPE.jsp

greedy44444

2,497 posts

Posted by greedy44444 > 2020-06-15 00:58 | Report Abuse

People just buy the tapes from DIY stores or RM2 stores or Mydin...cheaper and good quality too

MichelleNg

1,031 posts

Posted by MichelleNg > 2020-06-15 06:46 | Report Abuse

Most tapes from China.

bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:05 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:07 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:08 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:09 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:14 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-15 07:16 |

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calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-15 07:39 | Report Abuse

E-commerce is a very powerful game changer

Thru it Jackma of Alibaba became the Top billionaire in China and Jeff Bezos the richest man on earth thru Amazon, overtaking both Bill Gates and Warren Buffet

So the use of Loytapes will be exponential for packaging and sealing of boxes for deliveries

Covid 19 need for distance spacing another huge booster for marking tapes of loytapes

7.8 billion people on earth need to distance themselves from one another

Loytapes are made from oil by products
So crude oil crashing will cut feedcost for loytapes by 40% or more. Great for WTK

Powerful forces are at work to propel WTK profits like never before!!

bulldog

12,157 posts

Posted by bulldog > 2020-06-15 08:38 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 09:21 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 09:22 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 09:23 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 09:24 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-15 09:24 |

Post removed.Why?

calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-15 09:25 | Report Abuse

Foreign Fdi will build more new factories

So more plywood will be needed

Lumber cheap better for plywood profits

calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-15 09:27 | Report Abuse

Another booster is from tax free status for 3 properties sold by end 2021 and stamp duty free

This will spur building of houses and condos

So demand for plywood will also jump up

Wtk makes the most plywood

Govt new plans are game changer

stevenckheng

1,360 posts

Posted by stevenckheng > 2020-06-15 10:12 | Report Abuse

this company so much loss still got hope ?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-06-15 10:57 | Report Abuse

Got lah. calvin said can sure can one. Just buy Tutup mata sahaja

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-06-15 10:58 | Report Abuse

Now their gang started blow water at all counters already. Sure rocket one

bulldog

12,157 posts

Posted by bulldog > 2020-06-15 10:58 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-06-15 10:58 | Report Abuse

Slowly accumulate loh....!!

bulldog

12,157 posts

Posted by bulldog > 2020-06-15 10:59 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-06-15 11:12 | Report Abuse

Lumber mostly made into downstream plywood

Latest Catalysts

1. Tax free for up to 3 houses till end 2021
Plus stamp duty free for house buyers

This will spur purchase of both houses and condos and also factories

Lots of plywood will be needed as pillar and wall and floor formers
Timber is cyclical mah....!!

Look at the longer term investment feasibility mah...!!

Today down....tomorrow will be up mah...!!

U cannot keep timber price low for long mah...!!

When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!

Wtk is ready mah...now they just curtail production to conserve resources mah...!!

Posted by Mikecyc > Jun 15, 2020 9:21 AM | Report Abuse

Lumber decreased 52.10 USD/1000 board feet or 12.81% since the beginning of 2020, 354.60 USD/1000 board feet
according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Lumber is expected to trade at 332.30 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trader at 273.47 in 12 months time.

The lowest ard MCO time is about USD 250 .

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