Posted by stockraider > 2020-06-23 09:58 | Report Abuse

There i told u...i told u...Wtk up more today mah...!!

Owner still buying mah....!!

Posted by stockraider > Jun 23, 2020 9:01 AM | Report Abuse X

Do not be manipulated by this sohai Mike mah...!!

Trust the owner they are buying loh....!!

Posted by stockraider > 2020-06-23 09:59 | Report Abuse

Mike is a manipulative sohai mah...!!

Posted by stockraider > Jun 23, 2020 9:58 AM | Report Abuse X

There i told u...i told u...Wtk up more today mah...!!

Owner still buying mah....!!

Posted by stockraider > Jun 23, 2020 9:01 AM | Report Abuse X

Do not be manipulated by this sohai Mike mah...!!

Trust the owner they are buying loh....!!

Posted by bulldog > 2020-06-23 10:00 |

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Posted by TheSecret > 2020-06-23 10:01 | Report Abuse

Thanks Calvin, Chun chun

Posted by jackfruit > 2020-06-23 10:03 | Report Abuse

why WTK boss so stupid . Should take it private .

Posted by stockraider > 2020-06-23 10:17 | Report Abuse

Even want to take it private must start with buying cheap cheap wtk first mah....!!


Posted by jackfruit > Jun 23, 2020 10:03 AM | Report Abuse

why WTK boss so stupid . Should take it private .

Posted by calvintaneng > 2020-06-23 10:28 | Report Abuse

Wtk = Wah telah kaya

Later

Wtk = Wah tersangat kaya!

Posted by stockraider > 2020-06-23 10:34 | Report Abuse

JUST IMAGINE EVERYDAY WTK UP 0.5 TO 1 SEN....WITHIN 1 MONTH THE SHARE PRICE CAN DOUBLE TO 70 SEN MAH...!!

THIS IS NOT IMPOSSIBLE MAH...AS WTK IS HIGHLY UNDERVALUE WITH HUGE MARGIN OF SAFETY MAH...!!

Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!!

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

Posted by calvintaneng > 2020-06-23 10:57 | Report Abuse

ANOTHER POWERFUL BOOSTER FOR PLYWOOD OF WTK ON THE WAY

USD1 TRILLIONS (RM4.2 TRILLIONS) FOR INFRASTRUCTURE WILL INCREASE PLYWOOD DEMAND!

https://www.bloomberg.com/news/articles/2020-06-16/trump-team-weighs-1-trillion-for-infrastructure-to-spur-economy

Posted by stockraider > 2020-06-23 11:00 | Report Abuse

Make money so simple mah....just buy undervalue wtk mah...!!

Posted by calvintaneng > Jun 23, 2020 10:57 AM | Report Abuse

ANOTHER POWERFUL BOOSTER FOR PLYWOOD OF WTK ON THE WAY

USD1 TRILLIONS (RM4.2 TRILLIONS) FOR INFRASTRUCTURE WILL INCREASE PLYWOOD DEMAND!

https://www.bloomberg.com/news/articles/2020-06-16/trump-team-weighs-1...

Posted by stockraider > 2020-06-23 11:17 | Report Abuse

Wtk...mari....mari ....coming 41 sen & still moving up mah....!!

Very explosive coming loh....!!

Posted by lching > 2020-06-23 11:25 | Report Abuse

42 liao......

Posted by calvintaneng > 2020-06-23 11:47 | Report Abuse

Wtk = walau terbang ke-langit!!

Posted by thesteward > 2020-06-23 11:49 | Report Abuse

I think this one can go real far

Posted by stockraider > 2020-06-23 11:50 | Report Abuse

Yes buy on pullback loh...!!

Opportunity collect much more mah...!

Posted by bulldog > 2020-06-23 12:02 |

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Posted by bulldog > 2020-06-23 12:03 |

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Posted by stockraider > 2020-06-23 12:04 | Report Abuse

Wtk chun chun mah....!!

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.

Posted by bulldog > 2020-06-23 12:05 |

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Posted by bulldog > 2020-06-23 12:11 |

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Posted by Mikecyc > 2020-06-23 12:12 |

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Posted by stockraider > 2020-06-23 12:24 | Report Abuse

This mike pagi pagi today already bullshit & say...that Wtk no good....but wtk up strongly today mah...!!

More $$$$$$$$$$$ coming loh....!!

Mike malu loh....!!


Posted by Mikecyc > Jun 23, 2020 12:12 PM | Report Abuse

buildog is shy away from TDM ... down .

Posted by bulldog > 2020-06-23 12:31 |

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Posted by bulldog > 2020-06-23 12:37 |

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Posted by bulldog > 2020-06-23 12:38 |

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Posted by Mikecyc > 2020-06-23 12:53 |

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Posted by Mikecyc > 2020-06-23 13:06 |

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Posted by lching > 2020-06-23 13:12 | Report Abuse

for years WTK has been one of the best examples of "value trap" stock. lets see how it performs this time.

Posted by Mikecyc > 2020-06-23 13:12 |

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Posted by Mikecyc > 2020-06-23 13:12 |

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Posted by stockraider > 2020-06-23 13:55 | Report Abuse

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..!!

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...!!

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...!!

Remember Samlimg reclamation land cost is very much expensive than plantation land cost mah....!!

Posted by Mikecyc > Jun 23, 2020 1:14 PM | Report Abuse

The new purchased plantation is under lease to be expire on 14/3/2061 .

Miri did land reclamation project under Samling group ..renewal of lease is a Big ? mark ....

It takes about four years for oil palms to produce fruits suitable for harvest. Each tree will then continue to produce fruit for up to 30 years, at which point they will have grown to around 40 feet tall.


## 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 > 2020-06-23 13:58 | 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 > Jun 23, 2020 1:14 PM | Report Abuse

Lumber decreased 52.10 USD/1000 board feet or 12.81% since the beginning of 2020, 354.60 USD/1000 board feet
according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.


Lumber is expected to trade at 332.30 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trader at 273.47 in 12 months time.

The lowest ard MCO time is about USD 250 .


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.


Production costs of logs and plywood products have escalated after the Sarawak government raised the premium of hill timber and logs of hill species from agro-conversion areas to RM50 from 80 sen per cu m or by a whopping 6,000% in July, 2017.

Timber companies were dealt a second blow when the state authorities increased rehabilitation and development cess to RM5 from 60sen per cu m last year.


The hike in timber premium, rehabilitation and cess amounted to RM55 per cu m, and has raised the costs of logs and timber products by RM110 per cu m, assuming a recovery rate of 50%, according to Sarawak Timber Association.

Posted by stockraider > 2020-06-23 14:00 | Report Abuse

When u curtailed log production that means u r conserving resources for future valuable use mah...!!

Just like gold it always appreciate over time mah...!!

Posted by Mikecyc > Jun 23, 2020 1:20 PM | Report Abuse

WTK said because of the weak demand for timber products, the group had curtailed log and plywood production since 4Q2019, adding it would continue production curtailment programme if the demand stays weak.

Posted by stockraider > 2020-06-23 14:03 | 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..!!

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...!!

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 Mikecyc > Jun 23, 2020 1:22 PM | 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 ??? more than 100 million ???