Jannke suspects that, last year, demand for lumber in the US was between 52 and 55 billion board feet, still far below the peak of 2005. In an ordinary year, those needs would have been easily met. But the combination of the pandemic and the shrunken capacity of British Columbian production have muffled supply.
“I think prices will be volatile, but they’ll continue to be high for the next three or four or five years,” Mason says. “You can’t start up new sawmills overnight. And if you go to the equipment makers, there’s a waiting list for some pieces of equipment of two or three years.”
One of the US’s options is to import more lumber, particularly from Europe, which has stock in surplus. Over the past five years, Austria, Germany and the Czech Republic have had to harvest nearly 250 million cubic metres of spruce damaged by another bark beetle infestation, this too brought on by the warming climate. Ironically, if one beetle has depressed wood supplies to the US, another may yet elevate it.
As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to wtk share price mah!
But this up 1 to 2 sen is chicken feed mah, why up so little leh ??
Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah! Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!! That means if u base on profit...as indicator that means the share price will be lagging loh!
Then why promote Wtk leh ?? 1. The owner , directors and insiders already accumulating quietly without fanfare mah! 2. The palmoil & timber production volume of wtk already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah! 3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh! 4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah! 5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!
Based on the above i think wtk is the best pick to make profit & this is concur by sifu calvin findings mah!
Thats correctloh! This is precisely what raider is emphasizing all this while mah!
Commodity share like wtk & jtiasa are like spring, when u press down alot & when release it will....jump up or spring up...... will be very sharp & strong loh!
For commodities companies (whether minerals or agricultural/woods), once the market prices of these commodities keep going up for sustainable periods, and with same costs of productions, profitability will shoot up. With this, their share prices will increase.
If you look at Metals X Ltd (Australian listed co., strong in copper mining), when copper price was very low early last year, the share price went down to A$0.12 and now, AS0.24. You see, 100% increase.
U need to buy them when the share price is low, usually when profit is low or even loss making b4 they make big profit up turn with the coming announcement mah!.
U only sell....when everything is hunky dowry when every thing is bright after very major share price advancement loh!
Jump in b4 too late b4 the next up turn loh!
Today palmoii & timber price move further up mah!
Eventually it will move to the share loh!
Posted by stockraider > Apr 15, 2021 2:14 PM | Report Abuse X
Thats correctloh! This is precisely what raider is emphasizing all this while mah!
Commodity share like wtk & jtiasa are like spring, when u press down alot & when release it will....jump up or spring up...... will be very sharp & strong loh!
For commodities companies (whether minerals or agricultural/woods), once the market prices of these commodities keep going up for sustainable periods, and with same costs of productions, profitability will shoot up. With this, their share prices will increase.
If you look at Metals X Ltd (Australian listed co., strong in copper mining), when copper price was very low early last year, the share price went down to A$0.12 and now, AS0.24. You see, 100% increase.
Possible for sideways breakout. WTK is staging a potential breakout from its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term.
Should immediate resistance level of RM0.495 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.520.
However, failure to hold on to support level of RM0.460 may indicate weakness in the share price and hence, a cut-loss signal.
POWERFUL GAME CHANGERS FOR WTK (4243) WTK HOLDINGS BHD IN PHOTOS (PART ONE: E COMMERCE USING TAPE & COVID 19 USING FLOOR MARKING TAPE, Calvin Tan Research
As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to wtk share price mah!
But this up 1 to 2 sen is chicken feed mah, why up so little leh ??
Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah! Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!! That means if u base on profit...as indicator that means the share price will be lagging loh!
Then why promote Wtk leh ?? 1. The owner , directors and insiders already accumulating quietly without fanfare mah! 2. The palmoil & timber production volume of wtk already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah! 3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh! 4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah! 5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!
Based on the above i think wtk is the best pick to make profit & this is concur by sifu calvin findings mah!
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
46,877 posts
Posted by Mikecyc > 2021-04-05 08:28 |
Post removed.Why?