Mikey mouse is completely brainless and clueless why do Wtk bought out 11,000 Acres lands near Miri from r sawit and rsawit did not make money from its own plantations
Reasons are these
1. Rsawit has almost Rm500 millions debt bomb like Mikecyc bankrupt zelan
2. Rsawit made Rm6 millions profits but Bank interest is also Rm6 millions totally eaten up all profits plus registered a loss due to operating cost
If not for such horrendous debt Rsawit world have made a tidy profit
3. Rsawit is forced to sell the over 11,000 acres land adjoining Wtk plantation lands because only Wtk will buy them as they are only suitable for Wtk their next door neighbour
4. Cash rich Wtk seeing their plight bought over Rsawit lands for only Rm7.7 K per acre. Market value about Rm23 K per acre
5. Wtk only pay 1/3 for the lands at fire sale prices
6. Rsawit sold in distress Wtk got a great bargain
7. Seeing the great prospects of Wtk insider boss of Wtk loaded another 300,000 Wtk shares from open market for 37 sen
Calvin now calling all friends to sapu all cheap Wtk shares at only 36.5 sen
This is the best and cheapest bargain in all of Klse now!!!
Dutaland sold 28,611 acres of land in Sabah to bplant for Rm750 millions or about 60 sen per sq ft
So Wtk at 16 sen psf is only 27% of what Bplant paid or less than 1/3
The oil palm lands dutaland sold to bplant got little yield The oil palms lands sold by Rsawit to Wtk are fertile verdant lands
Plus the location of those lands bought by bplant from dutaland are far away from civilisation
The lands Wtk bought from Rsawit are near Miri. Miri is a major town in Sarawak near Brunei just like johor is near to Singapore or prai near to Penang island
See the big difference and the exceptional bargain
tun said msian mudah lupa,but im a msia tak mudah lupa.i still remember what u told people here.butaland cash rich,high nta,dividend 5cts more to come,remember that? hahaha
Ya I called Dutaland people I found they not going to reply about duta hotel My people who attended agm got questioned So I told them to sell dutaland and buy better share like glove
I sold all butaland already at 49cts long ago.i sold all the rubbish and bought loads of MI,then after sold MI,i hentam greatec and make more than I can chew.anyway butaland I just lost a few k only not much.
Most importantly like calvin say WTK is a strong buy mah...!!
Posted by Mikecyc > Jun 14, 2020 10:06 AM | Report Abuse
Brunei people come to Miri to shopping and entertainment during weekend. Miri people will drive to Brunei to enjoy cheaper Sushi , and top up petrol which is cheaper.
I have An Investment Approach I which I would like to all.
Blog Headlines (by Date) Blog Index HUGE SURPRISE: THIS PENNY STOCK HAS RM371 MILLIONS NET CASH MORE THAN TOPGLOVE''S RM279 MILLIONS! Author: calvintaneng | Publish date: Fri, 12 Jun 2020, 1:34 AM
Today Topglove reported fantastic turnaround into NET CASH POSITION OF RM279 MILLLIONS
Moreover, the record high earnings has put the group on a net cash position, said Lim. As at May 31, 2020, Top Glove's net cash stood at RM279 million. It has been in a net debt position after it acquired Aspion Sdn Bhd in early 2018.
BUT A BIGGER SURPRISE IS IN WTK (code 4243).
WTK HAS NET CASH OF RM371 MILLIONS!
THAT IS RM92 MILLIONS MORE THAN TOP GLOVE OR 32% MORE!!
THIS STOCK IS SO OVERLOOKED AND UNKNOWN BECAUSE OF INTERNAL SQUABBLE THAT CAUSED A SOLD DOWN TO ONLY 37 SEN. RM379 MILLIONS EQUAL TO 77 SEN PER SHARE
SO AT 37 SEN IT IS SELLING AT DEEP DISCOUNT TO CASH OF 40 SEN (48% TO CASH VALUE ALONE)
REALLY AMAZING BARGAIN!!
ITS NTA IS OVER RM2.00
SO AT 37 SEN IT IS SELLING AT A WHOPPPING 82% DISCOUNT TO NTA WHICH GIVES A HUGE MARGIN OF SAFETY!!
NOW THESE ARE NOT THE ONLY REASONS WHY CALVIN IS TURNINING BULLISH ON WTK
WHAT THEN?
LOOK AGAIN
ITS NAME IS WTK REALTY
YES!! WTK IS FIRST AND FOREMOST A REAL ESTATE HOLDING COMPANY
AND AS SHOWN IN ITS ASSETS IT IS A BIG LAND HOLDER OF TIMBER, OIL PALM PLANTATIONS & INDUSTRIAL LANDS
NOW MALAYSIA GOVT HAS GIVEN 10 TO 15 YEARS INCENTIVE FOR FOREIGN INVESTMENT TO SET UP INDUSTRIAL FACTORIES (RM300 MILLIONS TO RM500 MILLIONS IN FDI)
THERE WILL BE A SURGE OF DEMAND FOR INDUSTRIAL LANDS. WTK REALTY OR WTK REAL ESTATE WILL SEE HUGE PRICE INCREASE OF ITS LAND VALUE (ESPECIALLY INDUSTRIAL LANDS)
WITH NEW FACTORIES SPROUTING UP THERE WILL BE A CORRESPONDING INCREASE FOR WTK PLYWOOD PRODUCT AS WELL
PLYWOOD IS USE TO FORM PILLARS & WALLS & FLOORS IN BUILDINGS
Floor Marking Tape is suitable for lane marking, colour coding, sealing, and bundling.
Social distancing markers from around the world — Quartz Markers placed on the floor to remind people of social distancing ...
Floor Marking for Social Distancing | Creative Safety Supply
LOYTAPES BY WTK ARE WIDELY SOLD IN CHINA, INDIA, INDONESIA, THAILAND, AUSTRALIA
BILLIONS OF PEOPLE NEED THEM NOW FOR DISTANCE SPACING TO KEEP SAFE JUST LIKE TEY NEED GLOVE, FACE MASK & SANITIZER
WTK NOW 37 SEN
TARGET PRICE IS 60 SEN TO 80 SEN
PLEASE BUY OR SELL AFTER DOING YOUR OWN DUE DILIGENCE
NOTE:
WTK GIVES DIVIDEND EQUAL TWICE OF BANK FD AT OVER 4%
14-Jun-2019 28-Jun-2019 DIVIDEND Final Dividend RM 0.015 Dividend Detail 26-Jun-2018 10-Jul-2018 DIVIDEND Final Dividend RM 0.01 Dividend Detail 26-May-2017 08-Jun-2017 DIVIDEND Final Dividend RM 0.02 Dividend Detail 03-Jun-2016 17-Jun-2016 DIVIDEND Final Dividend 4.98% Dividend Detail 26-Jun-2015 10-Jul-2015 DIVIDEND Final Dividend 3.6600%
PLUS INSIDER DIRECTOR IS BUYING AND BUYING
DATO' SRI PATRICK WONG HAW YEONG 27-Apr-2020 Acquired 25,000 0.325 View Detail DATO' SRI PATRICK WONG HAW YEONG 22-Apr-2020 Acquired 110,000 0.305 View Detail DATO' SRI PATRICK WONG HAW YEONG 21-Apr-2020 Acquired 200,000 0.323 View Detail DATO' SRI PATRICK WONG HAW YEONG 17-Apr-2020 Acquired 100,000 0.300 View Detail MR LIM HONG HIN 17-Apr-2020 Acquired 70,000 0.280 View Detail DATO' SRI PATRICK WONG HAW YEONG 16-Apr-2020 Acquired 230,000 0.276 View Detail DATO' SRI PATRICK WONG HAW YEONG 25-Mar-2020 Acquired 255,000 0.234 View Detail DATO' SRI PATRICK WONG HAW YEONG 24-Mar-2020 Acquired 200,000 0.215 View Detail DATO' SRI PATRICK WONG HAW YEONG 18-Mar-2020 Acquired 272,000 0.260 View Detail DATO' SRI PATRICK WONG HAW YEONG 17-Mar-2020 Acquired 280,000 0.273 View Detail DATO' SRI PATRICK WONG HAW YEONG 12-Mar-2020 Acquired 297,000 0.342 View Detail DATO' SRI PATRICK WONG HAW YEONG 11-Mar-2020 Acquired 286,000 0.365 View Detail DATO' SRI PATRICK WONG HAW YEONG 10-Mar-2020 Acquired 200,000 0.370 AND AMONG TOP 30 HOLDERS OF WTK IS DR NEOH SOON KEAN OF DYNAQUEST
WTK REALTY IS A ROCK SOLID CASH RICH COMPANY WITH 3 CATALYSTS
1) CATALYST FROM INCREASING PALM OIL DEMAND BY INDIA AND OTHERS
2) FDI WILL INCREASE BOTH LAND BANK VALUE & PLYWOOD DEMAND
3) COVID 19 NEED FOR SPACE DISTANCING WILL BE VERY VERY GOOD FOR ITS FLOOR MARKING TAPES IN CH
Look at the good catalyst of WTK very enticing mah...!!
Plus u will get an additional dividend of 1 sen for wtk...which has been already announced but not pick up bcos dates not fixed yet .
Posted by calvintaneng > Jun 12, 2020 7:51 AM | Report Abuse
Why invest in WTK Realty? If it has past losses have to invest?
Answer 1: Past losses was in the past we look forward to its future prospects
Answer 2: past poor performance has been fully reflected in the low oversold price
Answer 3:
We invest because of Catalysts !!!
Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax
Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again
Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.
Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise
Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen. Very very very safe stock unlike so many loaded with high debt
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
Directors buying Company doing share buy back (sbb) And Top Champion Sifu Dr Neoh Soon Kean also in Top 30 holders of Wtk
Yes Dow crashed by over 1,800 points
Wtk Realty is Rock Solid - a shelter for time like now. No other real estate company is like Wtk REALTY
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....
Mikecyc
46,904 posts
Posted by Mikecyc > 2020-06-12 23:42 |
Post removed.Why?