Minyak masak sawit sangat berkualiti, Makan rendang sehingga mejilat jari, Plantation rally sudah mari Banyak Farmer senang hati Labur plantation boleh untung berpuluh puluh kali.
WTK asset drop from 2.97 to 1.70 in 3 years time will drop to 49.5 sen Habis lo.. Buy super profit steel or glove counter better la now price already retreat. Don't buy WTK go Holland lo..
gladiator Sell down WTK a buy!! You bring me holland ah? WTK NTA alraedy drop from 2.97 to now 1.71!! Go promote your masteel la. You write article about masteel during the last steel rally 3 years ago. Why you die die must ask people buy plantation counter? 28/05/2021 12:23 AM
Hahaha
See my comment from Masteel forum
calvintaneng This Quarter Shows Masteel turning posiive
Masteel will chase up SSteel
They move together
SSTEEL UP
MASTEEL WILL FOLLOW LATER 27/05/2021 8:08 PM
As for WTK NTA marked down it is one rule required by Bursa to depreciate & mark down assets
Nothing wrong at all with company as it is only paper "mark down" only
Long ago
I tendered for some company cars from L&G in KL
I paid Rm5,000 for one Used Company car
When I made the payment of Rm5,000 the GM (General Manager) opened the book and showed me their book value was Rm1.00 (one ringgit)
But I paid Rm5,000 for it
So WTK Assets are Rm1.71 Book Value
IF THEY SELL?
I THINK THE REAL BOOK VALUE WILL BE AT LEAST RM5.00 TO RM6.00 MINIMUM
SO MUST KNOW WHAT IS MARKED DOWN BOOK VALUE AND REAL MARKET VALUE
Dengar Raider cakap sangat bodoh, Tak buat research makan sendiri, Plantation counter sudah mati, Banyak investor sakit hati, Labur plantation rugi berpuluh puluh kali.
The answer is very simple & short loh....short term wtk is bearish bcos of its disappointing result, but mid term it is stable on the upside bcos of;
1. Its strong balance sheet with big net cash. 2. It will achieved improving cpo yield harvest in the 2nd half as guided by management. 3. It still have huge margin of safety todate loh!
Thus this will mean a rerating of wtk going fwd in 3 mths time
Posted by RVI123 > May 27, 2021 9:37 PM | Report Abuse
Timber went up more than 100% but the company is still losing money.
Not surprised at ALL! When lose money the Directors should take 50% pay cut every year until the company has made money. I am sure this will wake them up.
U got read or not...they curtailed timber production mah!
Posted by king36 > May 29, 2021 12:22 PM | Report Abuse
Posted by RVI123 > May 27, 2021 9:37 PM | Report Abuse
Timber went up more than 100% but the company is still losing money.
Not surprised at ALL! When lose money the Directors should take 50% pay cut every year until the company has made money. I am sure this will wake them up.
Some thing is wrong with this company or rather the management of the company. Last year it purchased a plantation at RM85mil and with CPO prices going from RM2,000 to RM4,000, the plantation revenue this quarter is only RM25mil, an increase of only RM5mil from same quarter last year AND still lost RM4mil on such high CPO price! Ptui! Might as well put the RM85mil cash into FD. Was there conflict of interest in the transaction I wonder?
Disappointed, fly from 0.465 to 0.645, drop back again to 0.465 ! Wtk cash rich, not mine! Although stock price very low but the boss still very rich!!
Date Settlement Price RM 17 Jun 21 3377 16 Jun 21 3404 15 Jun 21 3580 14 Jun 21 3375 11 Jun 21 3663 10 Jun 21 3844 9 Jun 21 3871 8 Jun 21 4049 4 Jun 21 4129 3 Jun 21 4158
Last year they spent RM85mil precious cash buying plantation but until now, yet to see any increase in CPO harvest? The timber output also decreasing.. who wants to take over such company? I think this company lacks impetus.
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....
RVI123
660 posts
Posted by RVI123 > 2021-05-26 11:40 | Report Abuse
@Mikecyc,
Why WTK is not on the list? What does that imply?
You said must be certified by 2022? Is it by early 2022 or the end of 2022?