JUST IMAGINE EVERYDAY WTK UP 0.5 TO 1 SEN....WITHIN 1 MONTH THE SHARE PRICE CAN DOUBLE TO 70 SEN MAH...!!
THIS IS NOT IMPOSSIBLE MAH...AS WTK IS HIGHLY UNDERVALUE WITH HUGE MARGIN OF SAFETY MAH...!!
Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!! To recap this are the very compelling points to buy wtk :
Wtk share price creeping up mah...!! MUST JUMP IN VERY EARLY LOH...!!
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
WTK Still can buy back another 8.5% or another 48 million shares of wtk share mah.....!!
If they do that only will cost rm 18 million only loh..!!
Don forget it has Rm 377m cash that is more than topgloves wor..!!
Posted by Mikecyc > Jun 21, 2020 12:56 PM | Report Abuse
Haha shares buy back cannot sustain the price , same day 2 Directors bought shares to sustain the price.
Shares buy back already up to 1.46 % .
Date of buy back 15 Jun 2020 Description of shares purchased Ordinary Shares Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 300,000 Minimum price paid for each share purchased ($$) 0.355 Maximum price paid for each share purchased ($$) 0.360 Total consideration paid ($$) 107,874.10 Number of shares purchased retained in treasury (units) 300,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 7,029,400 Adjusted issued capital after cancellation (no. of shares) (units) 481,344,552 Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.46037
U buy the land as plantation at reasonable cheap price but in 15 years time this land can be integrated into Miri district bcos of its close proximity mah...!!
Just like sepang, putrajaya, puchong & rawang are integrated to Klang valley loh...!!
At the mean time u just enjoy the fruits of palm oil harvest mah..!!
Think strategic for wtk loh...!!
1. It has Rm 377m cash more than topgloves. 2. Its plantation land very valuable quite close to MIRI which a long term realty opportunity mah...!! 3. Its palm plantation is young with increasing maturity meaning going yield & maturity every year mah...!! 4. It has big timber hectare ...that can put to good use when timber price improve loh...!! 5. It hold cic or loytape which is listed & which involve with covid19 special distancing marking mah...!! 6. The directors now are buying wtk mah...!!
Most importantly at 37 sen....wtk is a cash rich screaming undervalue buy with very big margin of safety mah...!!
It is surewin...pls do not missed this golden opportunity mah...!!
With the acquisition of neighbours estate of more than 4000 hectares, it expected Wtk palmoil production is going to go up by more than 40% loh....!!
In addition with improving in cpo prices to more than rm 2500 and super efficiency of managing a large plantation of more than 12k ha just in one area....it is expected the future profit of wtk on palmoil will shoot through the ceiling mah...!!
JUST IMAGINE EVERYDAY WTK UP 0.5 TO 1 SEN....WITHIN 1 MONTH THE SHARE PRICE CAN DOUBLE TO 70 SEN MAH...!!
THIS IS NOT IMPOSSIBLE MAH...AS WTK IS HIGHLY UNDERVALUE WITH HUGE MARGIN OF SAFETY MAH...!!
Wtk is a surewin investment remember CPO price is trending up & owner is buying mah...!! Very powerful indicator loh...!! To recap this are the very compelling points to buy wtk :
Wtk share price creeping up mah...!! MUST JUMP IN VERY EARLY LOH...!!
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
WTK Still can buy back another 8.5% or another 48 million shares of wtk share mah.....!!
If they do that only will cost rm 18 million only loh..!!
Don forget it has Rm 377m cash that is more than topgloves wor..!!
Posted by Mikecyc > Jun 21, 2020 12:56 PM | Report Abuse
Haha shares buy back cannot sustain the price , same day 2 Directors bought shares to sustain the price.
Shares buy back already up to 1.46 % .
Date of buy back 15 Jun 2020 Description of shares purchased Ordinary Shares Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 300,000 Minimum price paid for each share purchased ($$) 0.355 Maximum price paid for each share purchased ($$) 0.360 Total consideration paid ($$) 107,874.10 Number of shares purchased retained in treasury (units) 300,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 7,029,400 Adjusted issued capital after cancellation (no. of shares) (units) 481,344,552 Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.46037
U buy the land as plantation at reasonable cheap price but in 15 years time this land can be integrated into Miri district bcos of its close proximity mah...!!
Just like sepang, putrajaya, puchong & rawang are integrated to Klang valley loh...!!
At the mean time u just enjoy the fruits of palm oil harvest mah..!!
Think strategic for wtk loh...!!
1. It has Rm 377m cash more than topgloves. 2. Its plantation land very valuable quite close to MIRI which a long term realty opportunity mah...!! 3. Its palm plantation is young with increasing maturity meaning going yield & maturity every year mah...!! 4. It has big timber hectare ...that can put to good use when timber price improve loh...!! 5. It hold cic or loytape which is listed & which involve with covid19 special distancing marking mah...!! 6. The directors now are buying wtk mah...!!
Most importantly at 37 sen....wtk is a cash rich screaming undervalue buy with very big margin of safety mah...!!
It is surewin...pls do not missed this golden opportunity mah...!!
With the acquisition of neighbours estate of more than 4000 hectares, it expected Wtk palmoil production is going to go up by more than 40% loh....!!
In addition with improving in cpo prices to more than rm 2500 and super efficiency of managing a large plantation of more than 12k ha just in one area....it is expected the future profit of wtk on palmoil will shoot through the ceiling mah...!!
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 > 2020-06-22 14:02 |
Post removed.Why?