WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.505

Today's Change

-0.01 (1.94%)

Day's Change

0.505 - 0.51

Trading Volume

270,400


17 people like this.

6,299 comment(s). Last comment by dompeilee 5 days ago

calvintaneng

56,539 posts

Posted by calvintaneng > 2020-12-31 00:13 | Report Abuse

No fear

palm oil is food

food is a necessity

Us not important market for palm oil

India 1.35 billion people
China 1.39 billion people

are main consumers of palm oil

stockraider

31,556 posts

Posted by stockraider > 2021-01-01 11:17 | Report Abuse

Wtk will benefit from global commodity surge!

SINGAPORE: Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic.

Roll-outs of vaccines to combat the virus and trillions of dollars’ worth of fiscal support are expected to boost investment and spending in 2021.

“It’s been a tumultuous year for the commodity market, as the oil meltdown in March changed how we measure and gauge risk in the entire commodity sphere, ” Stephen Innes, chief global market strategist at brokerage Axi, told Reuters.

“But thanks to the Fed’s unwavering support to dig the U.S. and global economy out of a hole, ” commodity markets have flourished, he added.

Dalian iron ore futures and silver are up around 50% in 2020, leading the gains in commodity futures.

Overall, spot Asian LNG led the energy complex, gaining more than 140% this year on booming demand and outages in key suppliers.

Global oil futures have more than doubled from their decade lows hit in April, closing out a historic year that marked the first-ever negative prices for WTI.

“The recovery from the pandemic will accelerate once a vaccine is widely available, further supported by ongoing fiscal and monetary stimulus from governments around the world, ” ANZ said in a note. “A strong global growth pulse will likely see the U.S. dollar weaken, which is normally a prerequisite for a rally in commodity markets.”

Oil prices plunged in March and April when China and other countries went under lockdown to curb the spread of Covid-19, choking off global fuel demand.

Vaccine rollouts have raised hopes for a demand recovery in 2021, brightening the outlook for all energy products, with Goldman Sachs forecasting Brent to hit $65 a barrel in the next 12 months.

Dalian iron ore and Comex silver were the top performing major metals futures in 2020.

Iron ore was driven by a combination of booming demand in China and a drop in supplies from key producer Brazil. In precious metals, Comex silver gained 47.9% and Comex gold 25% on the back of a rush of buying by investors seeking a store of value amid rampant global central bank spending.

In industrial metals, benchmark three-month copper on the London Metal Exchange rose 27% this year, becoming the sector’s best performer.

More gains in copper and other base metals are expected in 2021 as the China-led economic revival expands to other regions. “We will see an overall price surge across metals at least in the first half of the year (of 2021). Money is still trickling through the global economy, ” said commodities broker Anna Stablum of Marex Spectron.

In agriculture, Dalian corn futures were the top performing market in 2020, followed by US soymeal, and palm oil.

stockraider

31,556 posts

Posted by stockraider > 2021-01-01 11:25 | Report Abuse

palmoil will benefit very much mah!

yfchong

5,869 posts

Posted by yfchong > 2021-01-02 08:23 | Report Abuse

Diamond7 sees good in wtk 2021 stock pick...

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-01-04 08:45 | Report Abuse

VERY HAPPY NEW YEAR 2021

Posted by tbh7247453 > 2021-01-04 20:43 | Report Abuse

best year for palmoil 2021..

Letsfly

336 posts

Posted by Letsfly > 2021-09-27 19:55 | Report Abuse

huat ahh palmoil!!

Letsfly

336 posts

Posted by Letsfly > 2021-10-02 18:38 | Report Abuse

with 4040 closing cpo price, the plant bull cannot be stopped!!

Posted by MuttsInvestor > 2021-01-07 00:33 | Report Abuse

https://www.klsescreener.com/v2/news/view/774791/crude-palm-oil-futures-breach-rm3-800-mark ........Jan 2021 = 4,040 . Feb 2021 = 4,017 ............... Wait for Official Report on 07 Jan 2021 on the Stock Reserve for CPO. ... Many analysis are Expecting a drop . Question is HOW MUCH of a DROP. ?

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-01-07 06:11 | Report Abuse

Drop?

Very soon all sold out

Can expect world in panic mode as both soybean and cpo all fast taken up by needy nations everywhere

chkhooju

1,706 posts

Posted by chkhooju > 2021-01-11 07:16 | Report Abuse

No other way to go, except UP!

Mikecyc

46,647 posts

Posted by Mikecyc > 2021-01-07 21:46 |

Post removed.Why?

Mikecyc

46,647 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

46,647 posts

Posted by Mikecyc > 2021-01-07 21:48 |

Post removed.Why?

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-01-08 12:14 | Report Abuse

Brain damaged mikecyc listen

Calvin still buying Netx quietly as Credit suisse now in a netx

As, for Wtk it, is now deeply undervalue

So time to buy more

stockraider

31,556 posts

Posted by stockraider > 2021-01-08 12:20 | Report Abuse

This silly mike chase sifu calvin every where loh!!

Listen Wtk is a great investment now mah...!

Must buy now loh!


Posted by calvintaneng > Jan 8, 2021 12:14 PM | Report Abuse

Brain damaged mikecyc listen

Calvin still buying Netx quietly as Credit suisse now in a netx

As, for Wtk it, is now deeply undervalue

So time to buy more

stockraider

31,556 posts

Posted by stockraider > 2021-01-09 12:57 | Report Abuse

Why the rally on cpo is sustainable leh ??

If u check the cpo spot & future from Jan 2021 to Dec 2021 all prices are above Rm 3000 until November 2021 & only December 2021 is slightly below Rm 3000 but still consider high at around Rm 2970 per tonnes.

For your info, when palmoil is average rm 2500, all the palmoil plantations make good profit mah...!!

Thus the good profit of palmoil company is sustainable very good & the average palmoil price should easily exceed average rm 3000 for 2021 mah...!!

Like calvin sifu says there are Great Safety In Palm Oil Shares loh!


Posted by calvintaneng > Jan 9, 2021 11:49 AM | Report Abuse

Cpo reaching Rm4000

Moving up to Rm4500 and Rm5000 range due to la nina

Hide in great safety of palm oil shares

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-01-09 14:47 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-01-09 18:07 | Report Abuse

Sept Qtr already see good profits loh...!!

Dec Qtr the profits will be much more mah!

Very common sense loh!



Posted by calvintaneng > Jan 9, 2021 5:07 PM | Report Abuse

When they "SEE" THE PROFITS IN FEB 2021 RESULTS THEN MR MARKET WILL WAKE UP AND CHASE

Mikecyc

46,647 posts

Posted by Mikecyc > 2021-01-12 19:33 |

Post removed.Why?

Mikecyc

46,647 posts

Posted by Mikecyc > 2021-01-12 19:52 |

Post removed.Why?

Mikecyc

46,647 posts

Posted by Mikecyc > 2021-01-12 19:04 |

Post removed.Why?

TheSecret

658 posts

Posted by TheSecret > 2021-01-28 14:28 | Report Abuse

Wait patiently until Feb quarter result, I'm sure will better result quarter by quarter. I hold. La Nina still serious at oversea.

Mouse year will over soon. Everything will be better and better. Everyone Hold on there. Never give up.

TheSecret

658 posts

Posted by TheSecret > 2021-10-29 10:39 | Report Abuse

That's true many stock will bounce back pretty just like what China doing now, this stock as well, finger cross.

TheSecret

658 posts

Posted by TheSecret > 2021-11-01 18:46 | Report Abuse

Good morning

South America Weather Radar shows Argentina very dry

Soybean and Corn will be fair in Brazil but quite bad in Argentina

that means that Soyoil will be sustained

Thus palm oil should be well supported above Rm3000

Production is as low as Rm1465 by Thplant

and No tax of 8% if cpo prices falls below Rm3450

So most Palm oil companies will enjoy 100% net profit for 2021

Glove ASP now at its apex and will plateaued off and also Glove prices up alot from it's lows

Tech stocks surged very very high but got only average earnings

So P/E now very high


Only palm oil stocks got real and solid earnings for 2021 and prices still low

So go for palm oil shares while others chase bubbles

TheSecret

658 posts

Posted by TheSecret > 2021-01-29 09:15 | Report Abuse

FCPO Feb 2021 now over 3750, very good for palm oil counter

RVI123

660 posts

Posted by RVI123 > 2021-01-29 12:46 | Report Abuse

Calvin, you mentioned that WTK did an impairment on logs in Q3. What was the impairment for? Was it for logs being rotten, theft or some other reason?

RVI123

660 posts

Posted by RVI123 > 2021-01-29 12:52 | Report Abuse

Calvin, the logs extraction in 2020 (164,016 cubic meter) is very much lower than the extraction in 2019 (473,000 cubic meter). Do you know what is the reason behind?

yfchong

5,869 posts

Posted by yfchong > 2021-02-07 17:47 | Report Abuse

See can get back to 1.00

chkhooju

1,706 posts

Posted by chkhooju > 2021-02-07 18:04 | Report Abuse

Isn't it too early to dream?

yfchong

5,869 posts

Posted by yfchong > 2021-02-11 16:59 | Report Abuse

Company secretary also cabut difficult time...

yfchong

5,869 posts

Posted by yfchong > 2021-02-13 17:30 | Report Abuse

How ah wtk

VTbaba

2 posts

Posted by VTbaba > 2021-02-15 11:03 | Report Abuse

WTK gogogo Hoot9e wait for good QR.

yfchong

5,869 posts

Posted by yfchong > 2021-02-25 06:46 | Report Abuse

QR........ ada good

Posted by labii3investor > 2021-03-02 09:24 | Report Abuse

Finally this quarter making money

SuperAsia

23 posts

Posted by SuperAsia > 2021-03-02 12:10 | Report Abuse

Depressed market conditions and prices of timber products very unfavarable quote in the QR ,
The world lumber price was record high.
May i know what is going wrong with malaysia timber export ?
Due to geography limitation ?
Goverment intervention or any other factor i missed out ?
some said economy of scale shrink?
some said cannot compete with indonesia plywood timber?
any master sifu can enlighten me ?

RVI123

660 posts

Posted by RVI123 > 2021-03-02 17:26 | Report Abuse

Sarawakian government is killing the logging industry. The authority tightened logging rules and imposed high royalties until all the three listed companies, TaAnn, WTK and Jtiasa registered huge losses for their logging activities for the last 2 years.

Posted by Akino qiu shou > 2021-03-03 10:32 | Report Abuse

1-3-21 proposed 1 cent dividend ! Ext date will be announced later.

sandy43

17 posts

Posted by sandy43 > 2021-03-10 12:05 | Report Abuse

Better push up the share price if undervalue , only 1cent dividend!!!

Diamond7

2,370 posts

Posted by Diamond7 > 2021-03-11 17:01 | Report Abuse

Let's wait patiently for it to go up.
Average down if it goes to 0.425

stockraider

31,556 posts

Posted by stockraider > 2021-03-11 17:31 | Report Abuse

ALWAYS REMEMBER WHAT THE INSIDERS ARE DOING ARE VERY IMPORTANT IN YOUR STOCK SELECTION ARE VERY IMPORTANT LOH!!

WTK HAS POSITIVE VIBES LOH!


Changes in Director's Interest (Section 219 of CA 2016)

WTK HOLDINGS BERHAD


Information Compiled By KLSE

Particulars of Director

Name DATO' SRI PATRICK WONG HAW YEONG
Descriptions(Class) Ordinary shares

Details of changes

No
Date of change

No of securities

Type of transaction

Nature of Interest

1
10/03/2021

115,000

Acquired

Direct Interest

Name of registered holder Dato' Sri Patrick Wong Haw Yeong
Description of "Others" Type of Transaction
Consideration (if any) RM0.435 per share


Circumstances by reason of which change has occurred Acquisition of shares in the open market

Nature of interest Direct Interest



Total no of securities after change

Direct (units) 8,349,900
Direct (%) 1.775
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 11/03/2021
Date notice received by Listed Issuer 11/03/2021




Remarks :
The above Notice of Changes in Director's Interest pursuant to Section 219 of Companies Act 2016 dated 11 March 2021 was received by W T K Holdings Berhad ("WTK") on 11 March 2021.
The above percentage is calculated based on the total number of WTK shares in issue net of 11,116,800 treasury shares held as at 11 March 2021.




Announcement Info

Company Name WTK HOLDINGS BERHAD
Stock Name WTK
Date Announced 11 Mar 2021
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-11032021-00006

Diamond7

2,370 posts

Posted by Diamond7 > 2021-03-11 18:48 | Report Abuse

Vow!
Stockraider Sifu is here!
Good ....can consider buying!!!!

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-03-16 10:28 | Report Abuse

Slow and steady up trending

Bruce_ali

61 posts

Posted by Bruce_ali > 2021-03-18 10:39 | Report Abuse

tgk pattern ni kalau fly tinggi jugak

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-03-21 23:19 | Report Abuse

Wtk

selling at huge 73% discount to Nta

P/E 9

Pay a dividend


Insiders non stop buying as high as 50 sen

Tapes sale rebounding

Lumber all time high at Usd886

Palm oil lands acquired at discount

All round turning positive

One Great Value Buy is WTK

calvintaneng

56,539 posts

Posted by calvintaneng > 2021-03-23 13:50 | Report Abuse

Wtk

Price to asset great
Price to earnings good
Price to dividend fair

Passed !

ivan9511

3,854 posts

Posted by ivan9511 > 2021-03-27 14:51 | Report Abuse

@calvintaneng Wtk
Calvin thanks for sharing the wtk
I agreed wtk is the cheapest plantation.
But calvin are you still like Insas
I buy a lot insan recently at 85sen
Insas 85sen are you still like Insas as I know you promote insas before
Insas is one of my favourite also

ivan9511

3,854 posts

Posted by ivan9511 > 2021-03-31 15:29 | Report Abuse

I just find out berjaya up so many . Because I long time no follow berjaya group and I recently busy to focus on glove and plantation company while still cheap enough.
Just hope those earn money on berjaya group can say thank you to Calvintaneng because Calvi n always generous to share what he know
AND CALVIN ALWAYS RECOMMEND SUPER UNDERVALUED GOOD COMPANY LIKE berjaya bjland Wtk insas Mhc and asiapac also
I actually buy wtk after Calvin recommended and Calvi recommend some time need keep and hold will up one example Asiapac I buy 10sen and average down on mco the sold at 17sen about 70% profit
Thanks for Calvin research on Asiapac last time Asiapc is very undervalue
And thanks Calvin for the free research o n Asiapc last time I buy Asiapc because is very undervalue

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