Posted by stockraider > 2020-06-15 11:13 | 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....!!

Posted by Mikecyc > Jun 15, 2020 9:22 AM | Report Abuse

FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Posted by stockraider > 2020-06-15 11:19 | 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.

correctloh....that means WTK palm 5 to 8 years old which are young & increasing maturity has potential high growing future output mah....!!
palm tree generally takes 4-6 years, when it start to grow from seed to its highest at around 10 years old.

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

A double happiness profit for wtk mah...!!
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 15, 2020 9:24 AM | Report Abuse

Haha let's compared WTK oil palm plantations production output yield with MHC :

WTK :

Total mature palm hectarage stood at 8,600 ha as of 31 December 2018.( from its website.)

8600 x 2.471 = 21,251 acres .

Referring to FY20(1Q) : Plantation Revenue is RM 20,516,000 with Loss (3,807,000 ) (18.6 % )


MHC :

Plantations = 33,000 acres

FY20(1Q) : Revenue is RM 86,000,000 with Profit 100,000 .

>>> Production output yield per Quarter :

WTK : 1 acre yield RM 965

MHC : 1 acre yield RM 2606

See the difference....

Posted by stockraider > 2020-06-15 11:23 | 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

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!!!


Posted by Mikecyc > Jun 15, 2020 9:24 AM | Report Abuse

No wander the plantation is purchased with RM 85 million as 24 % is unplantable area . Even the plantable area the output yield is less than other competitors.

WTK plantations which is adjacent to the new purchased plantation is of low output yield also .

>>>>

The 4,698.2 ha leasehold land is located within Miri Division. The lease will expire on March 14, 2061.

WTK said a total of 3,390 ha of the land has been planted between 2012 and 2014, while another 1,123 ha is considered as unplantable area.

Posted by stockraider > 2020-06-15 13:29 | Report Abuse

Wtk very steady loh....!!

Continue to accumulate mah...!!

Spring will be here soon loh...!!

Posted by calvintaneng > 2020-06-15 14:11 | Report Abuse

Correct loh!

Wtk is so rock solid brightening with wonderful business prospects from

1. Increasing sales of Loytape for e commerce packaging

2. Increasing sales of floor marking tapes for covid 19 social distancing

3. Increasing prospect from new Catalysts of demand for plywood

4. Increasing demand and value of industrial lands due to FDI tax free for 10 to 15 years new investments

5. India buying palm oil again from Malaysia

6. Cash hoard of over 70 sen a share

7. Director buying support at 37 sen

8. Share buy back support

9. Anchor by Dr. Neoh Soon Kean in Top 30 share holders

10. Above all others the price of 36.5 sen now with Nta over Rm2.00

The most value
The most discounted
The ones with the brightest prospects

Hip hip hooray !

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

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Posted by Mikecyc > 2020-06-15 19:10 |

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Posted by Sashay88 > 2020-06-15 20:47 | Report Abuse

so fast game over??

Posted by calvintaneng > 2020-06-15 20:48 | Report Abuse

Game over is for Mickey mouse bankrupt zelan

Today 2 more Directors bought Wtk shares from open market

Company also doing share buy back

Over 1,000 counters down yet

WTK BOSSES ARE BUYING WTK SHARES!!!

HIP HIP HOORAY !!!

Posted by freddiehero > 2020-06-15 20:51 | Report Abuse

ok ok .. relax

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Posted by calvintaneng > 2020-06-15 21:42 | Report Abuse

DIRECTORS BUYING TODAY

DATO' SRI PATRICK WONG HAW YEONG 12-Jun-2020 Acquired 235,200 0.346 View Detail

MR LIM HONG HIN 12-Jun-2020 Acquired 30,000 0.345

Company Share buy back today............................Min price,,,Maximun Price
15-Jun-2020 15-Jun-2020 Buyback 300,000 0.355....... 0.360 View Detail


\BETTER HURRY HUP AND BUY WTK NOW

Not enough money?

Sell ot Cutloss in others then Buy WTK

If anyone hold these lapsap like Mickcyc - Zelan, MHC, Omesti or Zhulian (Just sell and switch to WTK now!!)

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Posted by calvintaneng > 2020-06-16 06:36 | Report Abuse

Game over for Mikecyc!!

Suppress your conscience to keep telling lies after lies!!

Get ready to kena stroke or heart attack!

Ambulance waiting for you!

Posted by calvintaneng > 2020-06-16 06:38 | Report Abuse

Sifu OTB words should be directed to Mikecyc

Posted by OTB > Jun 7, 2020 3:55 PM | Report Abuse

Twisting the situation to suit him and keep arguing for no reason.
It is the type of mind sick personnel here.
He will not do well in his investment.
Karma will hit hard on him.
Mr Cancer, Mr Heartattack, Mr Accident and Mr Stroke will look for him.
Watch up liar, he has no code of ethic here.

Posted by calvintaneng > 2020-06-16 09:10 | Report Abuse

Company share buy back already 36 sen

Anything 36 sen just SAPU!!!

Posted by Mikecyc > 2020-06-16 09:33 |

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Posted by Jon1036 > 2020-06-16 14:56 | Report Abuse

Sapu'ed", need to average my shares......for the sake it is undervalued for sure

Posted by calvintaneng > 2020-06-16 14:59 | Report Abuse

Wtk is rock solid

Nothing can stop an idea whose time has come

Posted by Jon1036 > 2020-06-16 15:51 | Report Abuse

@calvintaneng - undervalued rock

Posted by calvintaneng > 2020-06-16 16:31 | Report Abuse

Very good

Best of the best timing now to enter while cheap

Posted by Jon1036 > 2020-06-16 16:45 | Report Abuse

Not making money, but at 35-36 cents is severely undervalued vs their NTA

Posted by Mikecyc > 2020-06-16 21:03 |

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