WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.465

Today's Change

+0.005 (1.09%)

Day's Change

0.455 - 0.47

Trading Volume

179,800


17 people like this.

6,294 comment(s). Last comment by calvintaneng 14 hours ago

stockraider

31,556 posts

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

stockraider

31,556 posts

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.

stockraider

31,556 posts

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 .

stockraider

31,556 posts

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...!!

stockraider

31,556 posts

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...!!

stockraider

31,556 posts

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...!!

Mikecyc

45,517 posts

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

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Posted by Mikecyc > 2020-06-22 05:46 |

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Mikecyc

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Posted by Mikecyc > 2020-06-22 05:47 |

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Mikecyc

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Posted by Mikecyc > 2020-06-22 05:51 |

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Mikecyc

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Posted by Mikecyc > 2020-06-22 05:52 |

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Mikecyc

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Posted by Mikecyc > 2020-06-22 05:52 |

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Mikecyc

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Posted by Mikecyc > 2020-06-22 05:53 |

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Mikecyc

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calvintaneng

55,456 posts

Posted by calvintaneng > 2020-06-22 11:03 | Report Abuse

Sales of tapes for distance spacing very good

Sales of floor marking tapes skyrocking

Sales of tapes for packaging in Ecommerce also going up

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