Each tree can produce 10 tonnes of fresh fruit bunches per hectare. On average 3.9 tonnes of crude palm oil and 0.5 tonnes of palm kerneloil can be extracted per hectare.
Sarawak losing wood market share to Indonesia, WTK says
BUSINESS Tuesday, 09 Jun 2020
KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries. According to WTK HOLDINGS BHD
, Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.
Timber companies have complained that their production costs have spiralled further due to increase in minimum wages as logging and plywood manufacturing are labour intensive.
India is traditional key importer of Sarawak round logs and lumber products for decades.According to WTK, all woodworking industries in India have stopped operations due to the lockdown measures to manage the pandemic. On its plywood business, WTK said its revenue had dropped by 11% in 1Q2020 from a year ago as the average selling prices of plywood products had declined about 15% during the same period due to price competition from Indonesian and Japanese plywood producers.
1) Govt relaxed housing rules Lots of plywood will be needed
2) USA going into USD1 Trillions for Infrar work
See
Trump Team Weighs $1 Trillion for Infrastructure to Spur Economy
The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, according to people familiar with the plan.
A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, like roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband, the people said.
President Donald Trump is scheduled to discuss rural broadband access at a White House event on Thursday.
Malaysia is Top number 14th exporting Plywood to USA
Meena indeed seek Abu Dhabi court injunction to stop International court award of RM 300 million but is failed . Refer latest FY19 Q4, zelan is in the process of registering the award in Abu Dhabi court n thereafter to proceed with the execution proceedings against the project owner .
Zelan is sueing NRY architects for ard RM 300 million due to IIUM project is delayed for 3 years. NRY is a sizeable company with 80 architects , its founder and Big boss is Najib brother .
expected the case will be resolved amicably with win win situation , as Zelan CEO is back just abt 2 months ago.
In a nutshell u cannot go wrong investing in WTK why ??
1. It has net cash of Rm 371m even more than topgloves 2. It has more prudent acquisition on its neighbour plantation increasing its ha size and most importantly enhancing its efficiency mah....!! 3. The palmoil price has started rising. 4. The timber price has stabilise & recovery 5. Its listed tape business under listed subsidiary CIC is doing well with covid19 social distancing. 6. Govt incentive on house buying will boost demand for plywood loh..!! 7. Most importantly the CEO of WTK has started buying a positive vote of confidence mah...!! 8. The company has been doing aggressive share buy back recently. 9. Wtk has declare a dividend of 1 sen giving a 3% pa dividend yield. 10. Its NTA is more than rm 2.00 loh....!!
Yes buy Wtk for its future cpo increasing output due to palm trees maturity plus increase hectarage and increase in price, and also please remember there is a palm oil mill too...which wtk can benefit efficiently too.
correctloh....that means WTK palm 5 to 8 years old which are young & increasing maturity has potential high growing future output mah....!! palm tree generally takes 4-6 years, when it start to grow from seed to its highest at around 10 years old.
That means wtk benefits from increasing palm output plus increase in milling profit mah...!!
A double happiness profit for wtk mah...!! If u invest in Wtk u really sleep well bcos it has the highest margin of safety and quality mah...!!
U cannot go wrong investing in plantation near growing city like MIRI the 2nd largest city in sarawak and near a rich Brunai just a stone throw away mah...!!
The director is willing to buy 37 sen and now it is 36.5 sen it is a bargain buy mah...!!
This is a good indicator to buy & buy more loh...!!
Posted by calvintaneng > Jun 12, 2020 7:32 PM | Report Abuse
Very good latest news
Director bought 300,000 Wtk shares from open market at 37 sen
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370 This is the highest amount and the highest price since March 10 the 2020
Why Wtk is likely to do much better than Rsawit leh?? This is bcos Wtk is very cash rich mah...!!
Bcos is a very new promotion....to win...u must take the opportunity...and be the 1st mover advantage mah...!!
Basically u buy ahead of the crowd mah....!!
WTK is a margin of safety stock with huge cash holding...very comfortable for us to invest loh...!!
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 .
Wtk strong buy mah...!!
Lumber mostly made into downstream plywood
Latest Catalysts
1. Tax free for up to 3 houses till end 2021 Plus stamp duty free for house buyers
This will spur purchase of both houses and condos and also factories
Lots of plywood will be needed as pillar and wall and floor formers Timber is cyclical mah....!!
Look at the longer term investment feasibility mah...!!
Today down....tomorrow will be up mah...!!
U cannot keep timber price low for long mah...!!
When timber price recover....wtk being one of the biggest producer will be the largest beneficiary loh...!!
Wtk is ready mah...now they just curtail production to conserve resources mah...!! In short Wtk is a screaming buy with very positive catalyst loh..!!
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
The palm estate masih baru....but every time....increasing output mah...!!
It is something like investing in growth stock...The output only up & no decline mah....!!
Posted by Mikecyc > Jun 14, 2020 10:13 AM | Report Abuse
>>> Production output yield per Quarter :
WTK : 1 acre yield RM 965
MHC : 1 acre yield RM 2606
See the difference....
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
46,651 posts
Posted by Mikecyc > 2020-06-18 16:53 |
Post removed.Why?