WTK HOLDINGS BHD

KLSE (MYR): WTK (4243)

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Last Price

0.475

Today's Change

+0.005 (1.06%)

Day's Change

0.465 - 0.475

Trading Volume

98,000


17 people like this.

6,306 comment(s). Last comment by ScotFree 1 day ago

calvintaneng

56,679 posts

Posted by calvintaneng > 2020-06-25 20:16 | Report Abuse

Mikecyc should also ask this most important question

Why should people use hand sanitizer?

To kill covid 19 of course!

So mikecyc is the covid 19 of i3 forum

ATTENTION ALL

BETTER DELETE ALL POSTS BY MIKECYC AKA HIDING BEHIND FAKE ID JOHNCHEW5, JJOHNCHEW, VICENT2002 & CMHOON!!

PROTECT YOURSELVES NOW! NOW!! NOW!!!

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-25 20:16 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-25 20:17 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-25 20:30 |

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mf

29,212 posts

Posted by mf > 2020-06-25 20:36 | Report Abuse

U.S. weekly jobless claims total 1.48 million, vs 1.35 million estimate
PUBLISHED THU, JUN 25 20208:30 AM EDT

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-06-25 20:40 |

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jjohnchew

2,877 posts

Posted by jjohnchew > 2020-06-25 20:42 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-25 21:56 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-25 21:58 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:47 | Report Abuse

FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:48 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:50 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:52 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:53 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:54 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:55 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:56 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 06:59 | Report Abuse

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.

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:00 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:01 | Report Abuse

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.

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:02 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:03 | Report Abuse

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.

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:04 | Report Abuse

Japan market demand is reduced significantly as Olympics 2020 infrastructure and facilities is done .

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:06 | Report Abuse

# WTK :

Total mature palm hectarage stood at 8,600 ha as of 31 December 2018.( from its website.)

8600 x 2.471 = 21,251 acres .


CPO Monthly Production ( tons) :

Logs
Dec2018 = 1823 : 58,217 m3
Nov2019 = 1720 : 13,202 m3
Dec2019 = 1482 : 8,628 m3
Jan2020 = 1480 : 12,508 m3
Feb2020 = 1366 : 18, 465 m3
Mar2020 = 1460 : 12,273 m3
April2020 = 1512 : 10,433 m3
May2020 = 1452 : 14,612 m3

Let's take Jan to May CPO output = 7270/5 = average 1454

1 acre output = 0.0684 ton


# MHC :

Plantations = 33,000 acres


CPO Monthly Production ( tons) :

Dec2018 = 9061
Nov2019 = 8159
Dec2019 = 7435
Jan2020 = 6398g
Feb2020 = 5575
Mar2020 = 6235
April2020 = 8576
May2020 = 7708

Let's take Jan to May CPO output = 34,492 /5 = average 6899

1 acre output = 0.209 ton




# TDM :

From website:
31,295 hectare in Terengganu.

Plantations = 31,295 hectare
= 77,330 acres

note : excluded 26,506 acres plantations in Indonesia .

CPO Monthly Production ( tons) :

Dec2018 = 7618
Nov2019 = 6768
Dec2019 = 6197
Jan2020 = 5023
Feb2020 = 4930
Mar2020 = no report
April2020 = 6886
May2020 = 5636

Let's take Jan to May CPO output = 22,475 /5 = average 4495

1 acre output = 0.0581 ton

### 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:07 | Report Abuse

### 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:08 | Report Abuse

### WTK Logs output :


CPO Logs
Dec2018 = 1823 : 58,217 m3
Nov2019 = 1720 : 13,202 m3
Dec2019 = 1482 : 8,628 m3
Jan2020 = 1480 : 12,508 m3
Feb2020 = 1366 : 18, 465 m3
Mar2020 = 1460 : 12,273 m3
April2020 = 1512 : 10,433 m3
May2020 = 1452 : 14,612 m3

Note :

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (1Q ended March ) : Loss (19.9 mil )

FY20 (4Q) : Loss will be ???
i j

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:09 | Report Abuse

Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ....

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 07:09 | Report Abuse

Q2 : April to June will be worst due to MCO , CMCO , RMCO . IDSS n PDT are suspended since end March to June 2020 . Housing loan and car loan payment is postponed until September2020 . Wait for the 2nd Q GDP result.

TakeProfits

1,229 posts

Posted by TakeProfits > 2020-06-26 12:51 | Report Abuse

Wah mikec you are expert as I on wtk. Good man! How many lots you got on wtk. Looks like you ciak beg liau. So how long we have to wait wtk run upwards. What's your target price for wtk!

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 16:28 | Report Abuse

September to netx year March will be going to KLSE shopping mall to shop.

bulldog

12,157 posts

Posted by bulldog > 2020-06-26 16:47 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-26 16:57 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-26 16:58 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-26 17:03 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 19:42 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 19:44 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 19:45 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 19:46 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-26 19:48 |

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bulldog

12,157 posts

Posted by bulldog > 2020-06-26 23:28 |

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calvintaneng

56,679 posts

Posted by calvintaneng > 2020-06-27 12:16 |

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gohku

373 posts

Posted by gohku > 2020-06-27 12:24 | Report Abuse

I think wtk a good buy with solid nta rm 2.03 per share and having a net cash, even after acquiring the additional palm plantations, this i think very good value investment.

Since Ceo is buying, i think we should have confident to follow buy.

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:25 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:27 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:29 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:30 |

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calvintaneng

56,679 posts

Posted by calvintaneng > 2020-06-27 15:31 | Report Abuse

WTK DIRECTORS GOT FULL CONFIDENCE

THEY EVEN BOUGHT RIGHT THRU MARCH 2020 WHEN MANY OTHERS PANIC SOLD

WTK IS ROCK SOLID!!


DATO' SRI PATRICK WONG HAW YEONG 23-Jun-2020 Acquired 236,100 0.393 View Detail
DATO' SRI PATRICK WONG HAW YEONG 22-Jun-2020 Acquired 35,000 0.385 View Detail
DATO' SRI PATRICK WONG HAW YEONG 18-Jun-2020 Acquired 39,700 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 17-Jun-2020 Acquired 200,000 0.360 View Detail
DATO' SRI PATRICK WONG HAW YEONG 12-Jun-2020 Acquired 235,200 0.346 View Detail
MR LIM HONG HIN 12-Jun-2020 Acquired 30,000 0.345 View Detail
DATO' SRI PATRICK WONG HAW YEONG 11-Jun-2020 Acquired 300,000 0.370 View Detail
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

Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:32 |

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Mikecyc

46,887 posts

Posted by Mikecyc > 2020-06-27 15:34 |

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