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 - 0.475

Trading Volume

258,500


17 people like this.

6,294 comment(s). Last comment by calvintaneng 18 hours ago

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-26 19:48 |

Post removed.Why?

bulldog

12,157 posts

Posted by bulldog > 2020-06-26 23:28 |

Post removed.Why?

calvintaneng

55,469 posts

Posted by calvintaneng > 2020-06-27 12:16 |

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gohku

373 posts

Posted by gohku > 2020-06-27 12:24 | Report Abuse

I think wtk a good buy with solid nta rm 2.03 per share and having a net cash, even after acquiring the additional palm plantations, this i think very good value investment.

Since Ceo is buying, i think we should have confident to follow buy.

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:25 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:27 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:29 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:30 |

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calvintaneng

55,469 posts

Posted by calvintaneng > 2020-06-27 15:31 | Report Abuse

WTK DIRECTORS GOT FULL CONFIDENCE

THEY EVEN BOUGHT RIGHT THRU MARCH 2020 WHEN MANY OTHERS PANIC SOLD

WTK IS ROCK SOLID!!


DATO' SRI PATRICK WONG HAW YEONG 23-Jun-2020 Acquired 236,100 0.393 View Detail
DATO' SRI PATRICK WONG HAW YEONG 22-Jun-2020 Acquired 35,000 0.385 View Detail
DATO' SRI PATRICK WONG HAW YEONG 18-Jun-2020 Acquired 39,700 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Jun-2020 Acquired 200,000 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 12-Jun-2020 Acquired 235,200 0.346 View Detail
MR LIM HONG HIN 12-Jun-2020 Acquired 30,000 0.345 View Detail
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370 View Detail
DATO' SRI PATRICK WONG HAW YEONG 27-Apr-2020 Acquired 25,000 0.325 View Detail
DATO' SRI PATRICK WONG HAW YEONG 22-Apr-2020 Acquired 110,000 0.305 View Detail
DATO' SRI PATRICK WONG HAW YEONG 21-Apr-2020 Acquired 200,000 0.323 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Apr-2020 Acquired 100,000 0.300 View Detail
MR LIM HONG HIN 17-Apr-2020 Acquired 70,000 0.280 View Detail
DATO' SRI PATRICK WONG HAW YEONG 16-Apr-2020 Acquired 230,000 0.276 View Detail
DATO' SRI PATRICK WONG HAW YEONG 25-Mar-2020 Acquired 255,000 0.234 View Detail
DATO' SRI PATRICK WONG HAW YEONG 24-Mar-2020 Acquired 200,000 0.215 View Detail
DATO' SRI PATRICK WONG HAW YEONG 18-Mar-2020 Acquired 272,000 0.260 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Mar-2020 Acquired 280,000 0.273 View Detail
DATO' SRI PATRICK WONG HAW YEONG 12-Mar-2020 Acquired 297,000 0.342 View Detail
DATO' SRI PATRICK WONG HAW YEONG 11-Mar-2020 Acquired 286,000 0.365 View Detail
DATO' SRI PATRICK WONG HAW YEONG 10-Mar-2020 Acquired 200,000 0.370

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:32 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:34 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:36 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:36 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 15:38 |

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calvintaneng

55,469 posts

Posted by calvintaneng > 2020-06-27 15:44 | Report Abuse

April to June?

WAHAHA!

BEST OF THE BEST MONTHS SELLING LOYTAPES

1) LOCK DOWN CAUSED ECOMMERCE PARCEL DELIVERY SKYROCKETING

SALE OF TAPES JUMPED!!!

2) SAFE DISTANCING NEEDS LOTS OF FLOOR MARKING TAPES

SEE https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-15-story-h1508786974-POWERFUL_GAME_CHANGERS_FOR_WTK_IN_PHOTOS_PART_ONE_E_COMMERCE_USING_TAPE.jsp

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-27 18:02 |

Post removed.Why?

Posted by Saravest > 2020-06-27 19:17 | Report Abuse

Undervalued stock

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:39 | 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.

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:39 | 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.

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:40 | 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.

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:40 | 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 ???

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:40 | Report Abuse

Apa takut takut leh ??

Buy mah.....!!

Chun chun loh.....!!

stockraider

31,556 posts

Posted by stockraider > 2020-06-27 22:43 | 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....!!

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 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.

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 11:53 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 11:54 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 11:54 |

Post removed.Why?

Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 11:55 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 11:55 |

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calvintaneng

55,469 posts

Posted by calvintaneng > 2020-06-28 13:48 | Report Abuse

Syndicates paid Mikecyc to spam even on a Sunday ?

Why so miserable ?

Just leave the syndicates lah

Join us buying Wtk

So easy

Wtk sbb will buy and buy till it goes back above Rm1.00

Just buy and leave it to Sbb

Wtk sbb fire power is Rm371 millions !!

stockraider

31,556 posts

Posted by stockraider > 2020-06-28 13:54 | Report Abuse

Correctloh...simple logic...this mike do not understand loh..!!

Posted by calvintaneng > Jun 28, 2020 1:48 PM | Report Abuse

Syndicates paid Mikecyc to spam even on a Sunday ?

Why so miserable ?

Just leave the syndicates lah

Join us buying Wtk

So easy

Wtk sbb will buy and buy till it goes back above Rm1.00

Just buy and leave it to Sbb

Wtk sbb fire power is Rm371 millions !!

calvintaneng

55,469 posts

Posted by calvintaneng > 2020-06-28 19:28 | Report Abuse

YES!!

WTK WILL BE ENDORSED AS A BUY BY WARREN BUFFET!!

HE LIKES COMPANY DIRECTORS BUYING COMPANY SHARES WITH THEIR OWN HARD EARNED MONIES LIKE WTK

SEE

DATO' SRI PATRICK WONG HAW YEONG 23-Jun-2020 Acquired 236,100 0.393 View Detail
DATO' SRI PATRICK WONG HAW YEONG 22-Jun-2020 Acquired 35,000 0.385 View Detail
DATO' SRI PATRICK WONG HAW YEONG 18-Jun-2020 Acquired 39,700 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Jun-2020 Acquired 200,000 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 12-Jun-2020 Acquired 235,200 0.346 View Detail
MR LIM HONG HIN 12-Jun-2020 Acquired 30,000 0.345 View Detail
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370

bulldog

12,157 posts

Posted by bulldog > 2020-06-28 20:11 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:52 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:53 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:54 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:55 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:56 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:57 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:58 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:58 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 21:59 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:00 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:00 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:01 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:02 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:03 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:03 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:04 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:04 |

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Mikecyc

45,525 posts

Posted by Mikecyc > 2020-06-28 22:06 |

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