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.
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....
Mikecyc
46,651 posts
Posted by Mikecyc > 2020-07-03 06:45 |
Post removed.Why?