hng33, if we look at same Q3 last year, the net profit was 21M. Do you think this year Q3 WTK can do better than this? considering that last Q net profit was only 6M.
Hopefully the demand for plywood in Japan and log in India will be stable and in increasing trend..for plantation...still got about half of the land acquired not yet mature by comparing the result in AR2015..4600 hectares mature as mentioned in AR...i did total up the land they owned is about 12821 hectares including the buildling...that means in future still got about 60% of trees to become mature including year 2016...few months ago FFB price still low...RM400+ only...now is more than RM500/tonne for small land owner...so for big plantation company should be better....gogogo...please dont come out any impairment loss in qr then should be ok imho...
Wtk core earning driver is timber, stronger production volume, higher selling price and strengthen used are key catayst on Wtk next q result. Better FFB production and selling price would help at least pare down theses division loss. It's oil and gas service may turnaround in these q also.
In previous result WTK oil and gas division only start slowly turnaround from loss but merely record small pretax 0.6m profit, in coming q result, it will likely gain traction in view of more vessel deploy and higher charter rate, hopefully it can sustain and become another major earning contributor
The support and resistance level of WTK are 1.08 and 1.12 respectively. It is observed that the MACD line of WTK is above the centreline indicating some degree of strength in the price movement.
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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....
able
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Posted by able > 2016-10-21 12:09 | Report Abuse
hng33, if we look at same Q3 last year, the net profit was 21M. Do you think this year Q3 WTK can do better than this? considering that last Q net profit was only 6M.