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.
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
45,527 posts
Posted by Mikecyc > 2020-06-12 21:39 |
Post removed.Why?