WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.475

Today's Change

0.00 (0.00%)

Day's Change

0.47 - 0.475

Trading Volume

479,300


17 people like this.

6,306 comment(s). Last comment by ScotFree 2 days ago

ccp78789

201 posts

Posted by ccp78789 > 2016-11-22 19:40 | Report Abuse

even we take off the -RM10.8m one time loss, WTK also will report a lower y-o-y result.

red_85

1,259 posts

Posted by red_85 > 2016-11-22 19:41 | Report Abuse

dont believe to hng33..he is the contrarian..he is telling you guys not selling any share, you know what is the reason behind? he want to sell earlier than you guys..he lost a lot...i bet he will sell tmr asap.

beso

2,137 posts

Posted by beso > 2016-11-22 19:42 | Report Abuse

another counter to free fall 2moro
that's y can't enter b4 qr

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 19:53 | Report Abuse

Tomorrow fish at 88c

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 19:53 | Report Abuse

-6.4 mil loss..at least drop 20c tomorrow

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 19:58 | Report Abuse

Due to 1st loss after 25th Q of profit...panic sell

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 19:59 | Report Abuse

Ya panic...must panic loh...!!
sell...sell...sell loh...!!

Posted by Ezra_Investor > 2016-11-22 20:17 | Report Abuse

Sales volume for plywood dropped due to slowdown in demand for imported plywood by the Japanese buyers despite there was an improvement in housing starts by 7.1% as compared to 3Q2015. This was mainly due to substitution by cheaper plywood produced domestically.

The Group’s key export markets for round logs were India (97%) and Vietnam (3%). The
export markets for plywood for the quarter under review were Japan (87%) and Taiwan
(13%).

muscular

280 posts

Posted by muscular > 2016-11-22 20:25 | Report Abuse

Yahooo.. Tomorow big gap down.. Padan muka

ttwong

41 posts

Posted by ttwong > 2016-11-22 20:43 | Report Abuse

I did not expect them to have a fanstatic result, but making loss is totally out of my expectation.

imoogi99

1,640 posts

Posted by imoogi99 > 2016-11-22 20:44 | Report Abuse

The results had spoken....despite increase in timber production and FFB production, the company still unable to convert it into real sales. The company should work to expand the market instead of concentrating on just two countries for their products.

kimi21

88 posts

Posted by kimi21 > 2016-11-22 21:06 | Report Abuse

Tomorrow is a right time to buy..

kimi21

88 posts

Posted by kimi21 > 2016-11-22 21:10 | Report Abuse

Too many "long term retails investor" here, conclusion is share market not a game 1+1 = 2, for who waiting 1, tomorrow MUST buy buy buy...

popo92

578 posts

Posted by popo92 > 2016-11-22 21:38 | Report Abuse

This is a very bad result. In every aspect every business division also poor performance... Anyone know why timber and plywood prices are depressed for suppliers/manufacturers? What is the reasons WTK perform far worse results compare to peer - TAAN and smaller peer like FLBHD?

Penta123

16 posts

Posted by Penta123 > 2016-11-22 21:41 | Report Abuse

won't be the end of the world though dropping, it is a net cash company with strong cash flows

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 21:44 | Report Abuse

YES collect at around Rm 1.01 loh.....!!
If don fall where got opportunity to buy cheap leh ?

muscular

280 posts

Posted by muscular > 2016-11-22 21:45 |

Post removed.Why?

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 21:54 | Report Abuse

Icon888 ask ppl to buy prior huge loss quarter, what a low life con8888. We accumulate along, he just tell buy so he can sell his loss making shares

Penta123

16 posts

Posted by Penta123 > 2016-11-22 21:56 | Report Abuse

don't buy first ! let it hits the Indian ocean first, as low as possible

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-11-22 21:56 | Report Abuse

paperplane2016,

i always buy based on icon sifu, and i can say, icon sifu is really genuine, most of the call is near to all time low.

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 21:57 | Report Abuse

Yeah, all time low, now just get lower! Remember he ask you buy at high price on comcorp etc.

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-11-22 22:02 | Report Abuse

i buy follow sifu icon earn a lot wor..

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 22:03 |

Post removed.Why?

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-11-22 22:05 | Report Abuse

walau paperplane sifu u got? can show us?

kimi21

88 posts

Posted by kimi21 > 2016-11-22 22:08 | Report Abuse

Even Cpo price reach rm3000, timber price keep increase, net cash company, high nta, whatever good news, but still have this bad result, one word can said is Poor management company..

tksw

12,857 posts

Posted by tksw > 2016-11-22 22:13 | Report Abuse

paperplane sifu, how now WTK? U say no worry wor, I now not only worry, but scare wor... die or this time

Penta123

16 posts

Posted by Penta123 > 2016-11-22 22:13 | Report Abuse

will you buy if it is around 80 cents or lower with the poor management ?

Penta123

16 posts

Posted by Penta123 > 2016-11-22 22:15 | Report Abuse

if not interested why are you monitoring ?

tksw

12,857 posts

Posted by tksw > 2016-11-22 22:16 | Report Abuse

i cant understand why WTK loss on oil palm maintain the same when its revenue on oil palm is increase.... one hand said production up, one hand said FFB not up... faint

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:16 | Report Abuse

WTK achieved the highest log production of 171,000 m3 in 3rd Qtr 16 but reported a negligible profit RM 4.8 million in Timber division or RM 18.3 million reduction comparing with last year. More ever, Inventory stands at lowest level in the last 10 years..WEIRD! Something not so right..Is it timber prices crash in last quarter?

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:20 | Report Abuse

Turnover dropped from RM 180 million to RM 159 million for 3rd Qtr 16. Highest Log production in 3rd Qtr 16 but lowest Inventory over the last century...Something not tally...

tksw

12,857 posts

Posted by tksw > 2016-11-22 22:22 | Report Abuse

plywood drag down the profit la, Up-down sifu.

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:23 | Report Abuse

Is it they have reported wrong the monthly log production? @_@

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 22:24 | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:26 | Report Abuse

Not so possible unless plywood prices crash or they have reported wrong log production figures.

Posted by tksw > Nov 22, 2016 10:22 PM | Report Abuse

plywood drag down the profit la, Up-down sifu.

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:27 | Report Abuse

I am talking about Timber segment only. hiding something ie profit??? wakakaka

Posted by stockraider > Nov 22, 2016 10:24 PM | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 22:32 | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:48 | Report Abuse

Raider... I based on the fact to talk one...I suspect WTK is hiding some good things. How the figures can be roughly tally by looking at the figures below.

Timber segment
3rd QTr - 31 Sep 16 - log 171,070 m3 ( profit RM 4.8 million )
2nd Qtr - 31 Jun 16 - log 120,820 m3 ( profit RM 2.2 million )

1st Qtr - 31 Mar 2015 - log 85,500 m3 (profit RM 4.7 million)

My question: Is it plywood prices crash or they have reported wrong log production figures?



Posted by stockraider > Nov 22, 2016 10:32 PM | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 22:52 | Report Abuse

Up Down,

I suspect the plywood price is not doing well...and not per our extraction mah....!! Our figure maybe wrong loh...!!

Example FLB says plywood price no go good....but our figure still says good loh.....!!

So it may not be production figure but the price loh...!!

Rainman

34 posts

Posted by Rainman > 2016-11-22 22:53 | Report Abuse

Can somebody explain why WTK disposed off a subsidiary (sell off a subsidiary), but still lost RM 9.5million? It was sold at RM15.93 million, so can I know why it is still consider as a lost?

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 22:57 | Report Abuse

The business shows it lose a few million a year....so they cut loss loh....!!

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 22:58 | Report Abuse

Its price. Ta Ann also not well. International price can't use. Why? My answer is simple, our log no one want, or low quality log produced.

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 22:59 | Report Abuse

Raider. Logically, If the plywood prices have crashed, (by right) Inventory level should higher cause High production Low sales . How come Turnover dropped and Inventory cut to the lowest level?


Posted by stockraider > Nov 22, 2016 10:52 PM | Report Abuse

Up Down,

I suspect the plywood price is not doing well...and not per our extraction mah....!! Our figure maybe wrong loh...!!

Example FLB says plywood price no go good....but our figure still says good loh.....!!

So it may not be production figure but the price loh...!!

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 23:00 | Report Abuse

Worry? Bring your worry with you. Always remember what my book sifu said. Cut loss, let profit run. Unless drop 20% tomorrow, then I cut loss.

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 23:00 | Report Abuse

I will buy more if sell below 1

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-11-22 23:02 | Report Abuse

there is nothing to cut anymore if drop 20%.

stockraider

31,556 posts

Posted by stockraider > 2016-11-22 23:04 | Report Abuse

Up down...when price crash people always dump mah....!!

Just look at steel business for example few QTR back....when mkt crash...look at their inventory of Ann Joo....CSC.....Choobee...Hiaptek...SSteel..see how they cut their inventory loh...!!

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-11-22 23:06 | Report Abuse

stockraider sifu, csc steel still can keep? earn about 60% paper profit now..

Up_down

4,346 posts

Posted by Up_down > 2016-11-22 23:06 | Report Abuse

Raider...I did not know plywood prices crash recently.


Posted by stockraider > Nov 22, 2016 11:04 PM | Report Abuse

Up down...when price crash people always dump mah....!!

Just look at steel business for example few QTR back....when mkt crash...look at their inventory of Ann Joo....CSC.....Choobee...Hiaptek...SSteel..see how they cut their inventory loh...!!

paperplane2016

21,667 posts

Posted by paperplane2016 > 2016-11-22 23:11 | Report Abuse

Plywood price sustain if not wrong. Only Malaysia plywood crash. I wonder why. LOusy quality? Or??????

Post a Comment
Market Buzz