Stop wasting time on someone that purposely want to start a fight over something that we all see is not worthwhile.. look at the foul language use. Just very disgusting!!
Technical BUY with +13.9% potential return Last price : RM1.37 Target Price: RM1.40, RM1.56 Support : RM1.28 Stop-loss: RM1.27 BUY with a target price of RM1.56 with stop loss placed below RM1.27. The stock has been trading above the rising trendline since 28 Mar 13. Given the recovery from the recent pullback to the low of RM1.28, WTKH has successfully closed above the 10-day and 21- day SMA lines with a higher trading volume of 2.5m shares yesterday, which suggests the creation of a new up-leg. Following a bullish crossover in MACD confirming the potential upside, the rising momentum should able to lift share price hereafter. We peg our upside target at 1.61x Fibonacci extension, or a target price of RM1.56 over the medium term.
hari ini 2 kaki sudah masuk longkang. tinggal 2 tangan pegang atas tebing longkang. kalau esok jatuh lagi, kaki dan tangan habis jatuh di dalam longkang
As for the oil palm plantation division, scout harvesting commenced in July 2009, with a contribution, whilst small in amount in comparison to the timber revenue, of approximately RM2.8 million for year 2012. During the year, the Group planted approximately 1,200 hectares of oil palm trees. The total planted area as at year end 2012 was 9,700 hectares. 7000 hectares of oil palm plantation will come into maturity this year. see annual report of wtk 2010 n 2012
mkh also venture to oil palm plantation since 2008. see its price now rm 4.50. previous 1.20. this price not include bonus issue , right issue n etc. the only different between wtk n mkh is mkh only use 2 years to plant all its plantation trees 13000h ....very aggresive....whereas wtk only plant 7k in 2 years time but surely 2015 will see more meaningful contribution.
wtk 2010 planted area 7000h, 2011 planted 8500h , 2012 annual report planted 9700h another 2500h need to be planted in future. so 2014 mature 7k, 2015 mature 8.5k, 2016 mature 9.7k.......until the latest quarter financial report, the contribute from plantation still very small.
its plantation segment will has potential bring more 30m to 60m profits. wtk will make double in its earning so its share price should be double too ....target rm 2.50
force selling means on 26/3/14 the highest was 1.49 and closed at 1.38. D4 those who bought above 1.40....cant pick up scripts will force sell by broker firms. Today we buy at low again.
WTK has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition the support level of 1.36 which has been tested successfully, may provide the springboard for the trend to continue.
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....
hewiester
449 posts
Posted by hewiester > 2014-03-26 21:41 | Report Abuse
OTB,
Stop wasting time on someone that purposely want to start a fight over something that we all see is not worthwhile.. look at the foul language use. Just very disgusting!!