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....!!
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...!! 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 stockraider > Jun 28, 2020 1:54 PM | Report Abuse X
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 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...!! To recap this are the very compelling points to buy wtk :
Wtk share price creeping up mah...!! MUST JUMP IN VERY EARLY LOH...!!
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.
correctloh....that means WTK palm 5 to 8 years old which are young & increasing maturity has potential high growing future output mah....!! palm tree generally takes 4-6 years, when it start to grow from seed to its highest at around 10 years old.
That means wtk benefits from increasing palm output plus increase in milling profit mah...!!
A double happiness profit for wtk mah...!! If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!
U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!
The director is willing to buy 37 sen and now it is 36.5 sen it is a bargain buy mah...!!
This is a good indicator to buy & buy more loh...!!
Posted by calvintaneng > Jun 12, 2020 7:32 PM | Report Abuse
Very good latest news
Director bought 300,000 Wtk shares from open market at 37 sen
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370 This is the highest amount and the highest price since March 10 the 2020
WTK Still can buy back another 8.5% or another 48 million shares of wtk share mah.....!!
If they do that only will 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
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...!!
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...!!
U invest with longer term perspective...still talking about 2 to 3 mths...thats why u talk like sohai loh...!!
Thats why wtk Rm 377m cash more than topgloves....people should not ignore especially during this MCO period loh...!!
Posted by Mikecyc > Jun 21, 2020 1:45 PM | 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.
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...!
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.
correctloh....that means WTK palm 5 to 8 years old which are young & increasing maturity has potential high growing future output mah....!! palm tree generally takes 4-6 years, when it start to grow from seed to its highest at around 10 years old.
That means wtk benefits from increasing palm output plus increase in milling profit mah...!!
A double happiness profit for wtk mah...!! If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!
U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!
The director is willing to buy 37 sen and now it is 36.5 sen it is a bargain buy mah...!!
This is a good indicator to buy & buy more loh...!!
Posted by calvintaneng > Jun 12, 2020 7:32 PM | Report Abuse
Very good latest news
Director bought 300,000 Wtk shares from open market at 37 sen
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370 This is the highest amount and the highest price since March 10 the 2020
Why Wtk is likely to do much better than Rsawit leh?? This is bcos Wtk is very cash rich mah...!!
Bcos is a very new promotion....to win...u must take the opportunity...and be the 1st mover advantage mah...!!
Basically u buy ahead of the crowd mah....!!
WTK is a margin of safety stock with huge cash holding...very comfortable for us to invest loh...!!
Look at the good catalyst of WTK very enticing mah...!!
Plus u will get an additional dividend of 1 sen for wtk...which has been already announced but not pick up bcos dates not fixed yet .
Wtk strong buy mah...!!
Lumber mostly made into downstream plywood
Latest Catalysts
1. Tax free for up to 3 houses till end 2021 Plus stamp duty free for house buyers
This will spur purchase of both houses and condos and also factories
Lots of plywood will be needed as pillar and wall and floor formers Timber is cyclical mah....!!
Look at the longer term investment feasibility mah...!!
Today down....tomorrow will be up mah...!!
U cannot keep timber price low for long mah...!!
When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!
Wtk is ready mah...now they just curtail production to conserve resources mah...!! In short Wtk is a screaming buy with very positive catalyst loh..!!
We invest because of Catalysts !!!
Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax
Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again
Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.
Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise
Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen. Very very very safe stock unlike so many loaded with high debt
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
Look at the good catalyst of WTK very enticing mah...!!
Plus u will get an additional dividend of 1 sen for wtk...which has been already announced but not pick up bcos dates not fixed yet .
Posted by calvintaneng > Jun 12, 2020 7:51 AM | Report Abuse
Why invest in WTK Realty? If it has past losses have to invest?
Answer 1: Past losses was in the past we look forward to its future prospects
Answer 2: past poor performance has been fully reflected in the low oversold price
Answer 3:
We invest because of Catalysts !!!
Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax
Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again
Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.
Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise
Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen. Very very very safe stock unlike so many loaded with high debt
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
Directors buying Company doing share buy back (sbb) And Top Champion Sifu Dr Neoh Soon Kean also in Top 30 holders of Wtk
Yes Dow crashed by over 1,800 points
Wtk Realty is Rock Solid - a shelter for time like now. No other real estate company is like Wtk REALTY
REALTY OR REAL ESTATE
ALL REAL AND NOTHING FAKE
Btw The Wtk palm trees only 5 to 7 years old...prime production coming as it mature over time loh....!!
If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!
U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!
Brunei people come to Miri to shopping and entertainment during weekend. Miri people will drive to Brunei to enjoy cheaper Sushi , and top up petrol which is cheaper.
Timber is cyclical mah....!!
Today down....tomorrow will be up mah...!!
U cannot keep timber price low for long mah...!!
When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!
Wtk is ready mah...now they just curtail production to conserve resources mah...!!
In short Wtk is a screaming buy with very positive catalyst loh..!!
Instead of chasing growth like hot gloves sector...it is time we look into contraian cheap deep undervalue stocks like WTK to diversify your risk profile mah...!!
Wtk potential return may not be less than any gloves stock going forward bcos of its deep undervaluation & margin of safety mah...
I have An Investment Approach I which I would like to all.
Blog Headlines (by Date) Blog Index HUGE SURPRISE: THIS PENNY STOCK HAS RM371 MILLIONS NET CASH MORE THAN TOPGLOVE''S RM279 MILLIONS! Author: calvintaneng | Publish date: Fri, 12 Jun 2020, 1:34 AM
Today Topglove reported fantastic turnaround into NET CASH POSITION OF RM279 MILLLIONS
Moreover, the record high earnings has put the group on a net cash position, said Lim. As at May 31, 2020, Top Glove's net cash stood at RM279 million. It has been in a net debt position after it acquired Aspion Sdn Bhd in early 2018.
BUT A BIGGER SURPRISE IS IN WTK (code 4243).
WTK HAS NET CASH OF RM371 MILLIONS!
THAT IS RM92 MILLIONS MORE THAN TOP GLOVE OR 32% MORE!!
THIS STOCK IS SO OVERLOOKED AND UNKNOWN BECAUSE OF INTERNAL SQUABBLE THAT CAUSED A SOLD DOWN TO ONLY 37 SEN. RM379 MILLIONS EQUAL TO 77 SEN PER SHARE
SO AT 37 SEN IT IS SELLING AT DEEP DISCOUNT TO CASH OF 40 SEN (48% TO CASH VALUE ALONE)
REALLY AMAZING BARGAIN!!
ITS NTA IS OVER RM2.00
SO AT 37 SEN IT IS SELLING AT A WHOPPPING 82% DISCOUNT TO NTA WHICH GIVES A HUGE MARGIN OF SAFETY!!
NOW THESE ARE NOT THE ONLY REASONS WHY CALVIN IS TURNINING BULLISH ON WTK
WHAT THEN?
LOOK AGAIN
ITS NAME IS WTK REALTY
YES!! WTK IS FIRST AND FOREMOST A REAL ESTATE HOLDING COMPANY
AND AS SHOWN IN ITS ASSETS IT IS A BIG LAND HOLDER OF TIMBER, OIL PALM PLANTATIONS & INDUSTRIAL LANDS
NOW MALAYSIA GOVT HAS GIVEN 10 TO 15 YEARS INCENTIVE FOR FOREIGN INVESTMENT TO SET UP INDUSTRIAL FACTORIES (RM300 MILLIONS TO RM500 MILLIONS IN FDI)
THERE WILL BE A SURGE OF DEMAND FOR INDUSTRIAL LANDS. WTK REALTY OR WTK REAL ESTATE WILL SEE HUGE PRICE INCREASE OF ITS LAND VALUE (ESPECIALLY INDUSTRIAL LANDS)
WITH NEW FACTORIES SPROUTING UP THERE WILL BE A CORRESPONDING INCREASE FOR WTK PLYWOOD PRODUCT AS WELL
PLYWOOD IS USE TO FORM PILLARS & WALLS & FLOORS IN BUILDINGS
Floor Marking Tape is suitable for lane marking, colour coding, sealing, and bundling.
Social distancing markers from around the world — Quartz Markers placed on the floor to remind people of social distancing ...
Floor Marking for Social Distancing | Creative Safety Supply
LOYTAPES BY WTK ARE WIDELY SOLD IN CHINA, INDIA, INDONESIA, THAILAND, AUSTRALIA
BILLIONS OF PEOPLE NEED THEM NOW FOR DISTANCE SPACING TO KEEP SAFE JUST LIKE TEY NEED GLOVE, FACE MASK & SANITIZER
WTK NOW 37 SEN
TARGET PRICE IS 60 SEN TO 80 SEN
PLEASE BUY OR SELL AFTER DOING YOUR OWN DUE DILIGENCE
NOTE:
WTK GIVES DIVIDEND EQUAL TWICE OF BANK FD AT OVER 4%
14-Jun-2019 28-Jun-2019 DIVIDEND Final Dividend RM 0.015 Dividend Detail 26-Jun-2018 10-Jul-2018 DIVIDEND Final Dividend RM 0.01 Dividend Detail 26-May-2017 08-Jun-2017 DIVIDEND Final Dividend RM 0.02 Dividend Detail 03-Jun-2016 17-Jun-2016 DIVIDEND Final Dividend 4.98% Dividend Detail 26-Jun-2015 10-Jul-2015 DIVIDEND Final Dividend 3.6600%
PLUS INSIDER DIRECTOR IS BUYING AND BUYING
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 AND AMONG TOP 30 HOLDERS OF WTK IS DR NEOH SOON KEAN OF DYNAQUEST
WTK REALTY IS A ROCK SOLID CASH RICH COMPANY WITH 3 CATALYSTS
1) CATALYST FROM INCREASING PALM OIL DEMAND BY INDIA AND OTHERS
2) FDI WILL INCREASE BOTH LAND BANK VALUE & PLYWOOD DEMAND
3) COVID 19 NEED FOR SPACE DISTANCING WILL BE VERY VERY GOOD FOR ITS FLOOR MARKING TAPES IN CH
Wtk make very well prudent quality undervalue acquisition recently mah...!!
Posted by calvintaneng > Jun 13, 2020 11:19 PM | Report Abuse
How much is the actual cost Wtk paid for those well maintained oil palm plantation lands from Rsawit?
Only 16 sen per sq ft
Yes only 16 sen or in plain English sixteen sen
Or in malay enam belas sen per sq ft
16 sen per sq ft for well cultivated with fruit yielding oil palm trees where to get?
The king of maths and king of properties has calculated
Posted by calvintaneng > Jun 13, 2020 11:34 PM | Report Abuse
One more thing
Dutaland sold 28,611 acres of land in Sabah to bplant for Rm750 millions or about 60 sen per sq ft
So Wtk at 16 sen psf is only 27% of what Bplant paid or less than 1/3
The oil palm lands dutaland sold to bplant got little yield The oil palms lands sold by Rsawit to Wtk are fertile verdant lands
Plus the location of those lands bought by bplant from dutaland are far away from civilisation
The lands Wtk bought from Rsawit are near Miri. Miri is a major town in Sarawak near Brunei just like johor is near to Singapore or prai near to Penang island
See the big difference and the exceptional bargain
Why invest in WTK Realty? If it has past losses have to invest?
Answer 1: Past losses was in the past we look forward to its future prospects
Answer 2: past poor performance has been fully reflected in the low oversold price
Answer 3:
We invest because of Catalysts !!!
Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax
Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again
Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.
Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise
Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen. Very very very safe stock unlike so many loaded with high debt
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
Directors buying Company doing share buy back (sbb) And Top Champion Sifu Dr Neoh Soon Kean also in Top 30 holders of Wtk
Yes Dow crashed by over 1,800 points
Wtk Realty is Rock Solid - a shelter for time like now. No other real estate company is like Wtk REALTY
Target Price: RM0.440, RM0.455 Last closing price: RM0.410 Potential return: 7.3%, 10.9% Support: RM0.385 Stop Loss: RM0.375 Possible for recovery. WTK is attempting to pick up its prior uptrend following recent pullback. Slightly improved RSI and MACD indicator currently signals reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.420 be genuinely broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.440 and RM0.455.
However, failure to hold on to support level of RM0.385 may indicate weakness in the share price and hence, a cut-loss signal.
Based on the financial statements for 31.12.2019, the Group cash and bank balance stood at RM383.16 mil whereas total issue shares is 477,474,000 shares. Current share price of RM0.420. Hence, total market capitalization RM200.5 mil. That mean, even with cash and bank balance higher then the market capitalization. A good case study for potential investors
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bulldog
12,157 posts
Posted by bulldog > 2020-07-01 16:34 |
Post removed.Why?