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Posted by liang408 > 2020-06-30 07:08 | Report Abuse

It's time to fly today

Posted by calvintaneng > 2020-06-30 07:45 | Report Abuse

Superb!

Sure fly for all of 2020

1. Neoh Choo Ee & company from Penang
Is the privately held investments of Grand Champion Master Sifu Dr Neoh Soon Kean of Dynaquest

He being in Top 30 holder of Wtk speaks volumes

He has been holding tenaciously to Wtk while Coldeye or Mr Fong siling has already given up his Jtiasa and not longer in Top 30 of Jaya Tiada (tiasa)

Posted by Mikecyc > 2020-06-30 07:50 |

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Posted by bulldog > 2020-06-30 08:31 |

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Posted by Mikecyc > 2020-06-30 10:20 | Report Abuse

Below are the 15 countries that exported the highest dollar value worth of sawn wood during 2019.

1. Canada: US$6.4 billion (17.4% of sawn wood exports)
2. Russia: $4.5 billion (12.3%)
3. Sweden: $3 billion (8.3%)
4. United States: $2.8 billion (7.7%)
5. Germany: $2.3 billion (6.3%)
6. Finland: $1.9 billion (5.3%)
7. Austria: $1.6 billion (4.4%)
8. Thailand: $955.9 million (2.6%)
9. Malaysia: $814.6 million (2.2%)
10. Chile: $788.7 million (2.2%)
11. Latvia: $747.4 million (2%)
12. Brazil: $701 million (1.9%)
13. Ukraine: $619.5 million (1.7%)
14. Belgium: $606.3 million (1.7%)
15. New Zealand: $571.7 million (1.6%)

By value, the listed 15 countries shipped 77.4% of globally exported sawn wood in 2019.

Among the top exporters, the fastest-growing sawn wood exporters since 2015 were: Ukraine (up 71.5%), Brazil (up 53.9%), Russia (up 50%) and Germany (up 31.2%).

Five countries posted declines in their sales of exported sawn wood: United States (down -9.7%), Canada (down -8.1%), Chile (down -4.1%), New Zealand (down -2.4%) and Malaysia (down -0.4%

Posted by Mikecyc > 2020-06-30 10:22 | Report Abuse

World Leaders In Wood Product Exports

1. Canada (31 billion kilograms)e
2. USA (19.5 billion kilograms) ...
3. Sweden (18.5 billion kilograms) ...
4. Finland (16 billion kilogrmas) ...
5. Germany 14.5 billion kilograms) ...
6. Russia (14 billion kilograms) ...
7. Brazil (11 billion kilograms) ...
8. Austria (7 billion kilograms) ...


2. USA (19.5 billion kilograms)
The United States' (U.S.) forest product exports have grown tremendously over the years, with a record $9.7 billion USD worth of forest products being produced in 2014. China, Canada, and Mexico are the top three markets for U.S. forest product exports. A total of 19.5 billion kilograms of processed wood are generated and exported from the country annually.

Logs and lumber generate the highest export values, while the demand for wood pellets has also grown rapidly, primarily driven by the European Union’s increased demand for fuel resources.

Posted by Mikecyc > 2020-06-30 10:23 |

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Posted by Mikecyc > 2020-06-30 10:25 | Report Abuse

wah Wong family shareholders tussle , 34 ongoing cases when will complete ???

Posted by Mikecyc > 2020-06-30 10:26 | Report Abuse

Referred to audited FY19 annual report:

31.12.2019

a) Financial assets

Trade and other receivables 53,196,000

Cash and bank balances 383,160,000

total = 436,356,000

b) Financial liabilities

Loans and borrowings 236,862,000

Trade and other payables 64,188,000

Lease liabilities 7,222,000

total = 308,272,000


a) - b ) = 128,084,000

FY20 ( 1Q ) : Loss ( 19 .9 mil )
FY20 to pay balance new purchased Miri plantation 55 million .

Financial Assets = 128,084,000 - 19,900,000- 55,000,000 = 53,184,000

>>Let's see FY20 Q2 ended June will Loss how much ????

Posted by Mikecyc > 2020-06-30 10:26 | 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 ???

Referred to FY18 audited annual report , the Profit of 81.1 mil is from winding up of a subsidiary.

That means operations is at Loss from FY16 , FY17, FY18 , FY19... FY20 also ?

Posted by Mikecyc > 2020-06-30 10:26 |

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Posted by Mikecyc > 2020-06-30 10:27 | Report Abuse

# WTK :

Total mature palm hectarage stood at 8,600 ha as of 31 December 2018.( from its website.)

8600 x 2.471 = 21,251 acres .


CPO Monthly Production ( tons) :

Logs
Dec2018 = 1823 : 58,217 m3
Nov2019 = 1720 : 13,202 m3
Dec2019 = 1482 : 8,628 m3
Jan2020 = 1480 : 12,508 m3
Feb2020 = 1366 : 18, 465 m3
Mar2020 = 1460 : 12,273 m3
April2020 = 1512 : 10,433 m3
May2020 = 1452 : 14,612 m3

Let's take Jan to May CPO output = 7270/5 = average 1454

1 acre output = 0.0684 ton


# MHC :

Plantations = 33,000 acres


CPO Monthly Production ( tons) :

Dec2018 = 9061
Nov2019 = 8159
Dec2019 = 7435
Jan2020 = 6398g
Feb2020 = 5575
Mar2020 = 6235y
April2020 = 8576
May2020 = 7708

Let's take Jan to May CPO output = 34,492 /5 = average 6899

1 acre output = 0.209 ton




# TDM :

From website:
31,295 hectare in Terengganu.

Plantations = 31,295 hectare
= 77,330 acres

note : excluded 26,506 acres plantations in Indonesia .

CPO Monthly Production ( tons) :

Dec2018 = 7618
Nov2019 = 6768
Dec2019 = 6197
Jan2020 = 5023
Feb2020 = 4930
Mar2020 = no report
April2020 = 6886
May2020 = 5636

Let's take Jan to May CPO output = 22,475 /5 = average 4495

1 acre output = 0.0581 ton

### 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton

Posted by Mikecyc > 2020-06-30 10:28 | Report Abuse

### 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton

Posted by Mikecyc > 2020-06-30 10:28 | Report Abuse

### WTK Logs output :


CPO Logs
Dec2018 = 1823 : 58,217 m3
Nov2019 = 1720 : 13,202 m3
Dec2019 = 1482 : 8,628 m3
Jan2020 = 1480 : 12,508 m3
Feb2020 = 1366 : 18, 465 m3
Mar2020 = 1460 : 12,273 m3
April2020 = 1512 : 10,433 m3
May2020 = 1452 : 14,612 m3

Note :

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q ended March ) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Posted by Mikecyc > 2020-06-30 10:29 | Report Abuse

Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ....

Posted by Mikecyc > 2020-06-30 10:29 |

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Posted by Mikecyc > 2020-06-30 10:30 |

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Posted by Mikecyc > 2020-06-30 10:32 |

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Posted by Mikecyc > 2020-06-30 10:32 | Report Abuse

Referred to audited FY19 annual report:

Timber Rights :

The group has timber licenses and the rights to timber licenses . The licences will expire in year 2021 and 2022 .


FY19 revenue: 589,744,000

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

CPO n Kernel : 49,484,000 : 8.39 %

Fruit bunches : 19,833,000 : 3.36 %

Posted by Mikecyc > 2020-06-30 10:33 | Report Abuse

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

Posted by Mikecyc > 2020-06-30 10:33 | Report Abuse

LoyTape only is 6 % ?????

Posted by Mikecyc > 2020-06-30 10:34 | Report Abuse

Q2 : April to June will be worst due to MCO , CMCO , RMCO . Housing loan and vehicle loan payment is postponed until September2020 . Wait for the 2nd Q GDP result.

Posted by Mikecyc > 2020-06-30 10:34 | 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 Mikecyc > 2020-06-30 10:35 |

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Posted by Mikecyc > 2020-06-30 10:36 |

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Posted by Mikecyc > 2020-06-30 10:36 | 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 > 2020-06-30 10:36 | Report Abuse

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