Posted by Mikecyc > 2020-06-23 13:17 |

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Posted by Mikecyc > 2020-06-23 13:20 |

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Posted by Mikecyc > 2020-06-23 13:20 |

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Posted by Mikecyc > 2020-06-23 13:21 |

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Posted by Mikecyc > 2020-06-23 13:22 |

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Posted by Mikecyc > 2020-06-23 13:31 |

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Posted by Mikecyc > 2020-06-23 13:35 |

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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 ???

Posted by bulldog > 2020-06-23 14:55 |

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Posted by stockraider > 2020-06-23 15:08 | Report Abuse

Apa takut takut leh ??

Buy mah.....!!

Chun chun loh.....!!

Posted by Mikecyc > 2020-06-23 15:14 |

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Posted by Mikecyc > 2020-06-23 15:15 | 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 ?

Posted by Mikecyc > 2020-06-23 15:16 |

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Posted by Mikecyc > 2020-06-23 15:16 |

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Posted by bulldog > 2020-06-23 15:17 |

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Posted by Mikecyc > 2020-06-23 15:17 | Report Abuse

>>> Production output yield per Quarter :

WTK : 1 acre yield RM 965

MHC : 1 acre yield RM 2606

See the difference....

Posted by Mikecyc > 2020-06-23 15:17 | 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 bulldog > 2020-06-23 15:17 |

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Posted by Mikecyc > 2020-06-23 15:18 |

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Posted by Mikecyc > 2020-06-23 15:18 |

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Posted by Mikecyc > 2020-06-23 15:19 |

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Posted by Mikecyc > 2020-06-23 15:19 | 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 stockraider > 2020-06-23 15:20 | 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 3:19 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 .

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Posted by Mikecyc > 2020-06-23 15:20 |

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Posted by Mikecyc > 2020-06-23 15:20 | 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 > 2020-06-23 15:21 |

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Posted by Mikecyc > 2020-06-23 15:22 |

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Posted by Mikecyc > 2020-06-23 15:22 | 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 Mikecyc > 2020-06-23 15:22 |

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Posted by Mikecyc > 2020-06-23 15:24 | Report Abuse

Japan demand is reduced significantly as Olympic 2020 infrastructure and facilities is done .

Posted by Mikecyc > 2020-06-23 15:24 | 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 > 2020-06-23 15:25 | Report Abuse

Wtk plantation are new means tree increasing growing yield going forward

The land near miri...thus can enjoy benefit of both world...with palmoil harvest with potential land appreciation over time bcos of commercial & property development in future mah....!!

Posted by Mikecyc > Jun 23, 2020 3:18 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 15:29 | Report Abuse

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

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

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

Owner still buying mah....!!

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

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...!!

Posted by Mikecyc > 2020-06-23 15:30 |

Post removed.Why?

Posted by Mikecyc > 2020-06-23 15:30 | 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 ?

Posted by stockraider > 2020-06-23 15:51 | Report Abuse

Owner is buying something is brewing mah...!!

Trust the owner better than listen to manipulative sohai mike mah...!!

Posted by Mikecyc > Jun 23, 2020 3:30 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 ?

Posted by stockraider > 2020-06-23 15:54 | Report Abuse

After buying into the attractive plantation ....wtk sudah kaya loh....bcos palmoil price has increased....with increasing yield mah...!!

Posted by Mikecyc > Jun 23, 2020 3:30 PM | Report Abuse

cash 371 million :

if FY20 is Loss as FY17 188 million , new purchased plantation balance payment is 55 million ,

cash 371 million will reduced to 128 million .

average yearly revenue of 700 million will require cash flow ard 105 million.

Forseen this year and netx year economy will not be good .

Posted by EngineeringProfit > 2020-06-23 15:55 | Report Abuse

HUUUUUUAAAAAAT AAAAAARRRRR

Posted by stockraider > 2020-06-23 16:08 | Report Abuse

wtk share price steadily up loh...!!

Posted by bulldog > 2020-06-23 16:33 |

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Posted by bulldog > 2020-06-23 16:35 |

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Posted by calvintaneng > 2020-06-23 16:35 | Report Abuse

Wtk will overtake jtiasa soon!

Posted by Abba84 > 2020-06-23 17:25 | Report Abuse

Thanks all !despite all adversaries.investrs.see wtk s potential rising!

Posted by bulldog > 2020-06-23 17:35 |

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Posted by dompeilee > 2020-06-23 20:17 | Report Abuse

Posted by dompeilee > May 6, 2020 11:10 AM

Bought some WTK @ 34.5c this morning



Posted by dompeilee > Jun 10, 2020 2:34 PM

Bought more WTK @ 36c this morning.

FINALLY!!! My last 66 lots are nicely in the money....!!! Still, my overall average still needs a bit of travelling to reach.

Posted by Mikecyc > 2020-06-23 20:50 |

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Posted by Mikecyc > 2020-06-23 20:51 |

Post removed.Why?