Posted by Mikecyc > 2020-06-18 09:15 |

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Posted by Mikecyc > 2020-06-18 09:15 |

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Posted by Mikecyc > 2020-06-18 09:17 |

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Posted by bulldog > 2020-06-18 10:14 |

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

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Posted by stockraider > 2020-06-18 10:19 | Report Abuse

Just quietly accumulate loh...!!

Posted by bulldog > 2020-06-18 10:36 |

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Posted by bulldog > 2020-06-18 10:59 |

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Posted by bulldog > 2020-06-18 11:00 |

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Posted by stockraider > 2020-06-18 11:00 | Report Abuse

Wtk consolidated for very long....the latent upside going forward is very strong loh....!!

Posted by TakeProfits > 2020-06-18 15:41 | Report Abuse

CALVIN, PROMOTION AGAIN. HOW IS YOUR LAST PROMOTION OF "TALAM"' DOING...LOLOL I...KIKIki....Haha.
You bought wrk low and now cashing out leh. HEHEHE

Posted by Mikecyc > 2020-06-18 16:53 |

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Posted by Mikecyc > 2020-06-18 16:53 | Report Abuse

imagine 2 sifu just blowing for 5000 ..

Posted by stockraider > 2020-06-18 16:55 | Report Abuse

Wtk is obvious accumulation time mah....!!

Bcos undervalue with big margin of safety n got big net cash mah...!!

Common sense loh....collect mah....!!

Posted by bulldog > 2020-06-18 21:32 |

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Posted by Mikecyc > 2020-06-18 23:49 | 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 ???
i

Posted by Mikecyc > 2020-06-18 23:49 |

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Posted by Mikecyc > 2020-06-18 23:50 |

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Posted by Mikecyc > 2020-06-18 23:50 | Report Abuse

as an average yield index :

Each tree can produce 10 tonnes of fresh fruit bunches per hectare. On average 3.9 tonnes of crude palm oil and 0.5 tonnes of palm kerneloil can be extracted per hectare.

1 acre is yield 1.5783 tonnes of CPO

taking CPO price is RM 2250 / ton

1 acre yield = RM 3,551

Posted by Mikecyc > 2020-06-18 23:53 |

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Posted by Mikecyc > 2020-06-18 23:54 | Report Abuse

Sarawak losing wood market share to Indonesia, WTK says

BUSINESS
Tuesday, 09 Jun 2020


KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries.
According to WTK HOLDINGS BHD

, Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.

Posted by Mikecyc > 2020-06-18 23:55 |

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Posted by Mikecyc > 2020-06-18 23:55 | Report Abuse

Timber companies have complained that their production costs have spiralled further due to increase in minimum wages as logging and plywood manufacturing are labour intensive.

Posted by Mikecyc > 2020-06-18 23:56 |

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Posted by Mikecyc > 2020-06-18 23:56 | Report Abuse

India is traditional key importer of Sarawak round logs and lumber products for decades.According to WTK, all woodworking industries in India have stopped operations due to the lockdown measures to manage the pandemic.
On its plywood business, WTK said its revenue had dropped by 11% in 1Q2020 from a year ago as the average selling prices of plywood products had declined about 15% during the same period due to price competition from Indonesian and Japanese plywood producers.

Posted by calvintaneng > 2020-06-18 23:57 | Report Abuse

Listen guys

This Mikecyc spam and spam everywhere telling people how clever he is

In real life he picked the lapsap bankrupt Zelan with over Rm500 Millions Time Debt Bomb

WTK IS CASH RICH WITH RM371 MILLIONS IN THE BANK

See

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-02-07-story-h1483082239-NETX_VERSUS_DLADY_ZELAN_BENALEC_AS_ILUSTRATED_BY_CLEAR_EXAMPLES_Calvin_.jsp

Posted by Mikecyc > 2020-06-18 23:57 |

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Posted by Mikecyc > 2020-06-18 23:58 | Report Abuse

供过于求房价涨不起 趁低进场炒房恐难赚 https://www.chinapress.com.my/?p=2079803

Posted by calvintaneng > 2020-06-19 00:02 | Report Abuse

Demand for Plywood will come from

1) Govt relaxed housing rules
Lots of plywood will be needed

2) USA going into USD1 Trillions for Infrar work

See

Trump Team Weighs $1 Trillion for Infrastructure to Spur Economy

The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, according to people familiar with the plan.

A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, like roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband, the people said.

President Donald Trump is scheduled to discuss rural broadband access at a White House event on Thursday.

Malaysia is Top number 14th exporting Plywood to USA

BIG CHANGE COMING

Posted by Johnchew5 > 2020-06-19 05:26 |

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Posted by Johnchew5 > 2020-06-19 05:26 | Report Abuse

Out of total debt RM 547.5 million ,abt RM 100 million is the performance bond and maintenance bond which Meena demand on 2015 .

Posted by Johnchew5 > 2020-06-19 05:27 | Report Abuse

Update refer announcement dated 17/6/2020 :

Let's see the progress pending FY20 Q1 :

Meena indeed seek Abu Dhabi court injunction to stop International court award of RM 300 million but is failed . Refer latest FY19 Q4, zelan is in the process of registering the award in Abu Dhabi court n thereafter to proceed with the execution proceedings against the project owner .

Posted by Johnchew5 > 2020-06-19 05:28 |

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Posted by Johnchew5 > 2020-06-19 05:36 | Report Abuse

Zelan is sueing NRY architects for ard RM 300 million due to IIUM project is delayed for 3 years. NRY is a sizeable company with 80 architects , its founder and Big boss is Najib brother .

expected the case will be resolved amicably with win win situation , as Zelan CEO is back just abt 2 months ago.

Posted by Mikecyc > 2020-06-19 05:46 |

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Posted by Mikecyc > 2020-06-19 05:47 | Report Abuse

>>> Production output yield per Quarter :

WTK : 1 acre yield RM 965

MHC : 1 acre yield RM 2606

TDM : 1 acre yield RM 375

Note : take Terengganu 31,295 hectare = 77,330 acre

TDM(T) : 1 acre yield RM 503

See the difference....

Posted by Mikecyc > 2020-06-19 05:51 |

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Posted by Mikecyc > 2020-06-19 06:09 | Report Abuse

calvin , why you pick Scomies? you promoted at 12 sen , the next day price is dipping from 12.5 sen to 5 sen in 5 days , in PN17 within a month ?

Posted by Mikecyc > 2020-06-19 06:10 | Report Abuse

The worst thing is you denied promoted at 12 sen and said in PN17 is a small matter.

Posted by Mikecyc > 2020-06-19 06:16 |

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Posted by calvintaneng > 2020-06-19 07:18 | Report Abuse

Very good morning all at Wtk

Posted by bulldog > 2020-06-19 09:37 |

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Posted by Mikecyc > 2020-06-19 11:58 |

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Posted by bulldog > 2020-06-19 12:24 |

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Posted by Mikecyc > 2020-06-19 12:59 |

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Posted by Mikecyc > 2020-06-19 13:00 |

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Posted by stockraider > 2020-06-19 13:02 | Report Abuse

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....!!

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...!!

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 stockraider > 2020-06-19 13:03 | Report Abuse

Why buy WTK promoted by Calvin leh ??

Bcos is a very new promotion....to win...u must take the opportunity...and be the 1st mover advantage mah...!!

Basically u buy ahead of the crowd mah....!!

WTK is a margin of safety stock with huge cash holding...very comfortable for us to invest loh...!!

Look at the good catalyst of WTK very enticing mah...!!

Plus u will get an additional dividend of 1 sen for wtk...which has been already announced but not pick up bcos dates not fixed yet .

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

Posted by stockraider > 2020-06-19 13:04 | Report Abuse

Wtk very steady loh....!!

Continue to accumulate mah...!!

Spring will be here soon loh...!!

Posted by stockraider > 2020-06-19 13:05 | Report Abuse

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