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Overview
Financial HighlightHeadlines
Business Background WTK Holdings Bhd is engaged in investment holding and provision of management services. Business activity of the firm is functioned through Timber, Plantation, Trading, Manufacturing, Investment holding and others, and Oil and gas segments. The company derives the majority of revenue from Timber segment which is engaged in the extraction and sale of timber, manufacture, and sale of plywood, veneer and sawn timber. Geographically all the operation of the firm is functioned through Malaysia, however, the company also has its presence in the region of Malaysia, Japan, India, Taiwan, Singapore, Philippines and in other regions.
![]() dompeilee Plantation segment from <1m per qtr in '14 to 2.7m per qtr in '15 to 48m in the latest qtr. Soon the CPO profits will swamp over & more than compensate for losses in timber segment which has shrunk 75% since before corona due to co. scaling down because of greed of Sarawak govt imposing huge increases on levies. Sale for limited time only. Plus co. benefits from US$ strengthening agst RM. 22/04/2022 6:22 PM stockraider emember stick to good stocks which has only malaysian plantation exposure which are not affected by export ban which are; 1. Cepat 2. Hapseng 3. Kmloong 4. MHC 5. Taann 6. swkplant 7. Wtk 8. Bplant 24/04/2022 8:09 AM stockraider Ok to give u a good picture on palmoil ban by indonesia; Indonesia producer can only sell domestically at Rm 3500 to Rm 4500 loh! Their production cost is Rm 1500 to Rm 2000 loh! Still making good profit but much less loh! Msia producer can sell Rm 6500 to Rm 7500 mah! Msian producers cost at Rm 2000 to Rm 2400, can make super abnormal profit loh! 24/04/2022 11:08 AM soon9913 anyone can explain why this Co still making loss even timber and palm oil is so high? 24/04/2022 8:48 PM soon9913 even reading the future prospect, the management mention it will be challenging environment 24/04/2022 8:49 PM dompeilee I'm patient...anyway the stock is only less than 3 ticks away from my breakeven point. 25/04/2022 9:43 AM Berlin @dompeilee....Patience is a virtue. I hold a portfolio of palm oil plantation related stocks including WTK and JTiasa but will not knock slow moving WTK. Every dog will have its day and similarly with currently not in favor WTK. It just needs a catalyst to perform in this market. 25/04/2022 9:52 AM dompeilee I totally agree....have been holding my latest repurchases of WTK since mid-2016 & averaging down every year when it came close to ex-dividend date. Oriental made me wait even longer(since late 2013) BUT the DELICIOUSNESS when my holdings turn from long paper losses into paper gains! 25/04/2022 10:27 AM stockraider Correctloh.....Cpo cash mkt up more than Rm 500 to more than Rm 7400 loh! The future july up more than Rm 380 to more than Rm 6700 mah! Very bullish price upgrade mah! Big profit coming loh! 25/04/2022 12:51 PM stockraider Very Hot Loh! Average CPO prices below: Now July22 fut 6754 Q1 2022 6,197 Q4 2021 5,194 Q3 2021 4,466 Q2 2021 4,195 Q1 2021 3,938 Q4 2020 3,401 Q3 2020 2,783 Q2 2020 2,301 Q1 2020 2,673 Q4 2019 2,522 Q3 2019 2,053 Q2 2019 2,008 Q1 2019 2,089 25/04/2022 1:23 PM Berlin When June rolls around and WTK 1Q2022 results are out and digested, patient investors can feast opulent on the king of fruits in Raub. Musang king season for them! 27/04/2022 9:10 AM dompeilee This is for value investors, not action junkies....action junkies pls file your way to Genting baccarat tables...the tahiboss really want to su(k your $$$ lol 27/04/2022 5:18 PM kl_guy WTK is worth holding till Aug report out . Aug report will show wonderful earning with current CPO price. I'm holding it till Aug . 04/05/2022 9:43 AM stockraider U need to understand....we already had move ahead since the covid run in 2020 loh! Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh! Posted by nhbeen > 44 minutes ago | Report Abuse stockraider: Inflation is good for banking whereas recession is not loh! So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah! Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering. 04/05/2022 11:15 AM dompeilee If timber segment continues to shrink, plantation profit should overtake timber losses as soon as the upcoming qtr report, with the CPO spike being encapsulated in 1Q. If disappointing, hold for another year lor...already held my shares for 6 years, what's one more year?lol 04/05/2022 8:21 PM dompeilee Already earned over $1000 in dividends since trading in & out of WTK from 2012-2016 & re-purchasing my SOLD ALL in Jan '16(got out very close to the $1.55 high) shrs in mid-'16 & increasing my stake exponentially from '17 till now. 04/05/2022 8:44 PM dompeilee Aiyo...no opportunity to buy more with the price refusing to weaken...how? 05/05/2022 9:24 AM Berlin While other small cap palm oil plantation counters are giving back some price gains today, laggard WTK remains resilient. A really good sign of better things to come soon! From now till end May , accumulate further on weakness during poor sentiment days. 05/05/2022 12:12 PM Berlin Poor sentiment days are here again. As with most stocks, WTK succumbed to selling pressure and is now below 50 sen. Time to add on. 13/05/2022 9:05 AM Berlin At long last WTK shows some promise; moving back above 50 sen today after director Wong Chie Kie of Fortescue fame bought some 5 million shares in July and company recommences share buyback. Wong, resident in Australia, became a billionaire following his phenomenal investment in Fortescue Metals where the penny stock in 2003 now trades at A$19. 18/08/2022 4:26 PM Berlin Still a good recovery play. Timber division losses are decreasing. Palm oil plantation is good. Manufacturing is holding up well. Purchase of new frozen foods business turned out to be a small windfall. Controlling shareholders show faith in company's prospects. Possibly family feud is resolved with Wong Kie Yik/Wong Chie Kie side prevailing since they purchased more shares in the market. 26/08/2022 7:31 AM anthonytkh Domp, it’s a solid company. Spoke with their CFO before. Plennyo assets and cash. Tight shareholdings, however, may be a hurdle for share price movements 12/09/2022 5:37 PM dompeilee At least we know that the cash reported on the balance sheet is 100% legitimately there lol 28/10/2022 10:20 AM Johnmajor This counter is a serious underperformer. I hope the major shareholders and management are willing to put in serious effort to increase the value of this once great company. Minority shareholders are being neglected for being loyal to the company. 15/02/2023 10:41 AM stockraider The recent acquisition of Plantations by wtk are earning accretive loh! 15/02/2023 12:46 PM TakeProfits Stockraider ...You buy first...I buy later...wait and see...But you buy first 24/02/2023 1:19 AM Pinky @admin this SEE is spamming same content all over many oil palm topics Calvin taneng __ is your portion of TSH / YOUR T ONG S AMPAH H ANGUS ___ ON FORCED SELLING ORDERS OR WORST ___ YOU QUIETLY CUT LOSSES AND CABUT ______ 28/02/2023 10:28 PM ![]() ![]() | |