Based on recent focus lumbar Q result, its profit erode significantly due to HIGHER cost log input for its downstream plywood processing and Focus lumbar incur very high cost and facing shortage from upstream, log supply.
WTK log production is the HIGHEST among all other timber stock. Therefore, WTK should be able to enjoy much higehr profit margiu from its Log harvesting.
WTK palm division on track to breakeven due to higher production CPO. WTK main culprit oil and gas division also is expect to resume operation once Petronas call up for its service
Silver lining in the report, palm oil division will contribute profit in the coming quarters, that's consistent with the monthly production report, also lumber division is doing good since main export customers base japan n India are enjoying good economics. Oil and gas beats wtk down so much and it will continue to haunt them
wtk you really disappointed us. why hope usa market up more than 300 points can save your ass. if wtk tomorrow no drop is super lucky hope ada superman save wtk I tak berani tengok next week
buy when others are takut drink when others are hungry eat when others are thirsty sleep when others are awake watch tv when others are listening to radio say excuse me when others fart say thank you when share price goes up ......
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....
hng33
20,318 posts
Posted by hng33 > 2017-11-23 10:37 | Report Abuse
WTK is BEST proxy for current bullish timber upstream exposure --> Log harvest