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

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:04 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:04 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:05 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:05 |

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Mikecyc

47,016 posts

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

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Mikecyc

47,016 posts

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

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:07 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:07 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 21:08 |

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stockraider

31,556 posts

Posted by stockraider > 2020-06-16 22:59 | Report Abuse

Wtk strong buy mah...!!

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...!!
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....!!

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:46 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:47 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:48 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:48 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:49 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:49 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:50 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:51 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:52 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:52 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:53 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:53 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:54 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:57 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 06:59 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:12 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:13 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:13 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:14 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:14 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:15 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:15 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:16 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:17 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:17 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:17 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:18 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:18 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:19 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 10:19 |

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calvintaneng

56,889 posts

Posted by calvintaneng > 2020-06-17 11:03 | Report Abuse

Stupid bodoh mikecyc

Game changer is on

1. Malaysia govt now gives tax free incentive for housing

Demand for plywood will be up

2. Malaysia relax rule for foreign fdi
Demand for wtk indusrial lands will go up

Mikecyc stifled conscience tell lies will get stroke or heart attack soon

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 11:41 |

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Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-17 11:43 |

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Abba84

989 posts

Posted by Abba84 > 2020-06-17 12:12 | Report Abuse

wtk stil holding well ....360.. Good sign ?

bulldog

12,157 posts

Posted by bulldog > 2020-06-17 13:27 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-17 13:33 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-17 13:33 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-17 13:34 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-17 13:45 |

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