Posted by Mikecyc > 2020-06-20 08:04 |

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Posted by calvintaneng > 2020-06-20 11:54 | Report Abuse

Wtk = Wah TELAH KAYA!

Posted by Mikecyc > 2020-06-21 12:28 |

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Posted by Mikecyc > 2020-06-21 12:28 |

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Posted by Mikecyc > 2020-06-21 12:29 |

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Posted by Mikecyc > 2020-06-21 12:29 |

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Posted by Mikecyc > 2020-06-21 12:30 |

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Posted by Mikecyc > 2020-06-21 12:31 |

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Posted by stockraider > 2020-06-21 12:35 | Report Abuse

If u listen to bad mouthed Mike u would have lost opportunity on wtk mah....!! Now is still early still can go in loh..!!

Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!!
To recap this are the very compelling points to buy wtk :

Wtk share price creeping up mah...!!
MUST JUMP IN VERY EARLY LOH...!!

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 Mikecyc > 2020-06-21 12:41 |

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Posted by stockraider > 2020-06-21 12:44 | Report Abuse

Not comparable mah...WTK is a net cash company with NTA above Rm 2.00 whereas insas-w is already an expired warrant mah...!!

U cannot compare toyota cars with old bicycle mah...!!

Don be stupid lah....!!

Posted by Mikecyc > Jun 21, 2020 12:41 PM | Report Abuse

see insas wb ...

Posted by Mikecyc > 2020-06-21 12:56 |

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Posted by mf > 2020-06-21 12:56 |

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Posted by Mikecyc > 2020-06-21 12:56 |

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Posted by Mikecyc > 2020-06-21 13:02 |

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Posted by Mikecyc > 2020-06-21 13:03 |

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Posted by Mikecyc > 2020-06-21 13:06 |

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Posted by stockraider > 2020-06-21 13:12 | Report Abuse

WTK Loss never mind mah....WTK is still worth alot with NTA above rm 2.00 compare with its share price of rm 0.37 loh...!!

Most importantly it has cash of Rm 370m even more than top gloves loh..!!

Posted by Mikecyc > Jun 21, 2020 1:06 PM | Report Abuse

see from FY17 to FY 19 is nett Loss ( RM 217.9 million).

Posted by Mikecyc > 2020-06-21 13:15 |

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Posted by stockraider > 2020-06-21 13:16 | Report Abuse

Still can buy back another 8.5% or another 48 million shares of wtk mah.....!!

If they do that only cost rm 18 million only loh..!!

Don forget it has Rm 377m cash that is more than topgloves wor..!!


Posted by Mikecyc > Jun 21, 2020 12:56 PM | Report Abuse

Haha shares buy back cannot sustain the price , same day 2 Directors bought shares to sustain the price.


Shares buy back already up to 1.46 % .


Date of buy back 15 Jun 2020
Description of shares purchased Ordinary Shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 300,000
Minimum price paid for each share purchased ($$) 0.355
Maximum price paid for each share purchased ($$) 0.360
Total consideration paid ($$) 107,874.10
Number of shares purchased retained in treasury (units) 300,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 7,029,400
Adjusted issued capital after cancellation
(no. of shares) (units) 481,344,552
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.46037

Posted by Mikecyc > 2020-06-21 13:17 |

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Posted by Mikecyc > 2020-06-21 13:18 |

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Posted by stockraider > 2020-06-21 13:19 | Report Abuse

Not comparable mah...WTK is a net cash company with NTA above Rm 2.00 whereas insas-w is already an expired warrant mah...!!

U cannot compare toyota cars with old bicycle mah...!!

Don be stupid lah....!!

Posted by Mikecyc > Jun 21, 2020 1:17 PM | Report Abuse

Main point is blowing / twisted facts in Insas wb to lure people to buy .

Posted by Mikecyc > 2020-06-21 13:20 |

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Posted by stockraider > 2020-06-21 13:22 | Report Abuse

2061 is a very long time another 41 years to go loh...u could be dead b4 the lease expire loh...!!

Anyhow leasehold land usually can be renewed mah...!!

This mike talk like sohai loh...!!

Posted by Mikecyc > Jun 21, 2020 1:18 PM | Report Abuse

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 Mikecyc > 2020-06-21 13:22 |

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Posted by Mikecyc > 2020-06-21 13:25 |

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Posted by stockraider > 2020-06-21 13:27 | Report Abuse

i think u try to con loh...say 206i lease habis loh....but in fact very long time mah...!!

U think people stupid can be con like that meh ??

2061 is a very long time another 41 years to go loh...u could be dead b4 the lease expire loh...!!

Anyhow leasehold land usually can be renewed mah...!!

This mike talk like sohai loh...!!

Posted by Mikecyc > Jun 21, 2020 1:18 PM | Report Abuse

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


Posted by Mikecyc > Jun 21, 2020 1:22 PM | Report Abuse

haha this is the difference of a con gang.

Posted by Mikecyc > 2020-06-21 13:27 |

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Posted by Mikecyc > 2020-06-21 13:29 |

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Posted by stockraider > 2020-06-21 13:33 | Report Abuse

U buy the land as plantation at reasonable cheap price but in 15 years time this land can be integrated into Miri district bcos of its close proximity mah...!!

Just like sepang, putrajaya, puchong & rawang are integrated to Klang valley loh...!!

At the mean time u just enjoy the fruits of palm oil harvest mah..!!


Posted by Mikecyc > Jun 21, 2020 1:27 PM | Report Abuse

how well you know Miri ? Do you know there do reclamation land under Samling group .

Posted by Mikecyc > 2020-06-21 13:34 |

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Posted by Mikecyc > 2020-06-21 13:35 |

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Posted by Mikecyc > 2020-06-21 13:38 |

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Posted by Mikecyc > 2020-06-21 13:43 |

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Posted by Mikecyc > 2020-06-21 13:44 |

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Posted by Mikecyc > 2020-06-21 13:45 |

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Posted by stockraider > 2020-06-21 13:49 | Report Abuse

U invest with longer term perspective...still talking about 2 to 3 mths...thats why u talk like sohai loh...!!

Thats why wtk Rm 377m cash more than topgloves....people should not ignore especially during this MCO period loh...!!

Posted by Mikecyc > Jun 21, 2020 1:45 PM | Report Abuse

Q2 : April to June will be worst due to MCO , CMCO , RMCO . IDSS n PDT are suspended since end March to June 2020 . Housing loan and car loan payment is postponed until September2020 . Wait for the 2nd Q GDP result.

Posted by stockraider > 2020-06-21 13:50 | Report Abuse

If u listen to bad mouthed Mike u would have lost opportunity on wtk mah....!! Now is still early still can go in loh..!!

Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!!
To recap this are the very compelling points to buy wtk :

Wtk share price creeping up mah...!!
MUST JUMP IN VERY EARLY LOH...!!

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 > 2020-06-21 13:51 | Report Abuse

Still can buy back another 8.5% or another 48 million shares of wtk mah.....!!

If they do that only cost rm 18 million only loh..!!

Don forget it has Rm 377m cash that is more than topgloves wor..!!


Posted by Mikecyc > Jun 21, 2020 12:56 PM | Report Abuse

Haha shares buy back cannot sustain the price , same day 2 Directors bought shares to sustain the price.


Shares buy back already up to 1.46 % .


Date of buy back 15 Jun 2020
Description of shares purchased Ordinary Shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 300,000
Minimum price paid for each share purchased ($$) 0.355
Maximum price paid for each share purchased ($$) 0.360
Total consideration paid ($$) 107,874.10
Number of shares purchased retained in treasury (units) 300,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 7,029,400
Adjusted issued capital after cancellation
(no. of shares) (units) 481,344,552
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.46037

Posted by stockraider > 2020-06-21 13:52 | Report Abuse

i think u try to con loh...say 206i lease habis loh....but in fact very long time mah...!!

U think people stupid can be con like that meh ??

2061 is a very long time another 41 years to go loh...u could be dead b4 the lease expire loh...!!

Anyhow leasehold land usually can be renewed mah...!!

This mike talk like sohai loh...!!

Posted by Mikecyc > Jun 21, 2020 1:18 PM | Report Abuse

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


Posted by Mikecyc > Jun 21, 2020 1:22 PM | Report Abuse

haha this is the difference of a con gang.

Posted by stockraider > 2020-06-21 13:53 | Report Abuse

U buy the land as plantation at reasonable cheap price but in 15 years time this land can be integrated into Miri district bcos of its close proximity mah...!!

Just like sepang, putrajaya, puchong & rawang are integrated to Klang valley loh...!!

At the mean time u just enjoy the fruits of palm oil harvest mah..!!


Posted by Mikecyc > Jun 21, 2020 1:27 PM | Report Abuse

how well you know Miri ? Do you know there do reclamation land under Samling group .

Posted by stockraider > 2020-06-21 14:03 | Report Abuse

Think strategic for wtk loh...!!

1. It has Rm 377m cash more than topgloves.
2. Its plantation land very valuable quite close to MIRI which a long term realty opportunity mah...!!
3. Its palm plantation is young with increasing maturity meaning going yield & maturity every year mah...!!
4. It has big timber hectare ...that can put to good use when timber price improve loh...!!
5. It hold cic or loytape which is listed & which involve with covid19 special distancing marking mah...!!
6. The directors now are buying wtk mah...!!

Posted by stockraider > 2020-06-21 14:07 | Report Abuse

Most importantly at 37 sen....wtk is a cash rich screaming undervalue buy with very big margin of safety mah...!!

It is surewin...pls do not missed this golden opportunity mah...!!

Posted by stockraider > 2020-06-21 16:42 | Report Abuse

With the acquisition of neighbours estate of more than 4000 hectares, it expected Wtk palmoil production is going to go up by more than 40% loh....!!

In addition with improving in cpo prices to more than rm 2500 and super efficiency of managing a large plantation of more than 12k ha just in one area....it is expected the future profit of wtk on palmoil will shoot through the ceiling mah...!!

This means opportunity for wtk mah...!!

Posted by Mikecyc > 2020-06-21 17:57 |

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Posted by Mikecyc > 2020-06-21 17:58 |

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Posted by Mikecyc > 2020-06-21 17:58 |

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Posted by Mikecyc > 2020-06-21 17:58 |

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Posted by Mikecyc > 2020-06-21 17:59 |

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