The Family Dispute plus the misadventure in O&G and also the selling out of one Malay Director have combined to cause the Oversold of WTK shares far below its Real Instrinsic Value
Hence Deep Value Has Emerged
This is the best of time to buy while still so cheap
AND STRONG WINDFALL IS THE TARIFF OF USD50 BILLIONS RAISED AGAINST CHINA FURNITURE EXPORT TO THE US WHICH WILL TURN BUYING TO MALAYSIAN TIMBER EXPORT WHICH WILL BE CHEAPER BY COMPARISON
Due to family feud of Wtk bosses i think alfian is fed up so he is disposing. Or he might have his own reasons.
Last time YTL indian insider also sold around YTL Cement around Rm2.40 due to some unknown reason. But Ytl eventually took Ytl Cement private more than double the price. Since alfian is selling....hold back purchase first if you are afraid. Maybe you can collect cheaper.
wa . results so good . net profit . really impressive many big famous plantations company made net loss this round including kwantas and other famous big big company but Wtk this time net profit . seem can sapu . better than jtiasa . taan . swplant . thplant .bplant gp and other big big plantation
NTA is over RM2.00 and latest share price is RM0.48. If i am the owner this is the best time to accumulate their own share. The only problem is family in-fighting has brought the company to it's knee. How to sail a ship unscathed through a trouble water if the officers manning the bridge are fighting each other? The board and the major shareholder need to clear this mess. Wong Family is a prominent family in Sarawak and also Malaysia, they should lead by example rather than letting this once glorious company to dilapidate in their own hands.
At 45cts a bargain price. Current capitalisation RM214m. Net cash RM169m. Excluding all other assets, Palm oil asset alone valued at RM1530 per acre. Just wondering why there are insider Alfian selling his shares?. Any answer please.
The company has cash and logging is a good business. Palm oil is facing short term pressure but this is not the most critical factor yet. It is the family problem that is the major concern for all investors. The management really have to wake up and clear this mess.
Net cash is worth 32cts per share. So actual cost to buy the company is only 13cts per share!. Someone can take over the company for only RM45m only!. I thought the family problems does not interfere with the business ops. Sad story of family infighting after the patriach is not around to control business.
Cool Guy: This counter is a gem if we purely evaluate it from Financial Analysis. But sadly as you said once the big boss is gone, their glory days are almost gone too. Just hope there is somebody in the management be able to lift them up again.
JM : This blog is so quiet now. I guess almost everyone who has bought WTK shares have lost money and the price is toughing all time low. I am collecting at 45C and hold for medium term at least. Cash already 32C net. THeir palm trees are young so the plantation segment will continue to loss money for a few more years until they are more matured. I don't expect big profit now but in a few years I hope the earning will go up and up. No risk no gain.
ok.take profit now , nowadays all counters up only one day show example bjland,wtk now drop back guys have profit already jangan greedy market no good like TDM last time more than 1 ringgit now the lowest palm oil tdm sad sad sad
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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....
calvintaneng
56,685 posts
Posted by calvintaneng > 2018-07-24 09:49 |
Post removed.Why?