Highlights
KLSE: WTK (4243)       WTK HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.435   0.00 (0.00%)  0.425 - 0.44  548,700
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Financials


Market Cap: 209 Million

Market Cap 209 Million
NOSH 481 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 30-Jun-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 30-Jun-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  30-Jun-2020 [#2]

Latest Quarter: 30-Jun-2020 [#2]
Announcement Date 27-Aug-2020
Next Quarter: 30-Sep-2020
Est. Ann. Date: 29-Nov-2020
Est. Ann. Due Date: 29-Nov-2020
QoQ | YoY   18.88%  |    -1.50%

Annual (Unaudited) ( EPS: -23.07, P/E: -1.89 )

Revenue | NP to SH 590,735  |  -111,046
RPS | P/RPS 122.73 Cent  |  0.35
EPS | P/E | EY -23.07 Cent  |  -1.89  |  -53.03%
DPS | DY | Payout % 0.99 Cent  |  2.28%  |  - %
NAPS | P/NAPS 2.04  |  0.21
YoY   -236.93%
NP Margin | ROE -19.30%  |  -11.29%
F.Y. | Ann. Date 31-Dec-2019  |  26-Feb-2020

T4Q Result ( EPS: -26.45, P/E: -1.64 )

Revenue | NP to SH 455,555  |  -127,310
RPS | P/RPS 94.64 Cent  |  0.46
EPS | P/E | EY -26.45 Cent  |  -1.64  |  -60.80%
DPS | DY | Payout % 0.99 Cent  |  2.28%  |  - %
NAPS | P/NAPS 1.97  |  0.22
QoQ | YoY   -0.19%  |    -3,272.45%
NP Margin | ROE -28.25%  |  -13.41%
F.Y. | Ann. Date 30-Jun-2020  |  27-Aug-2020

Annualized Result ( EPS: -14.95, P/E: -2.91 )

Revenue | NP to SH 373,972  |  -71,978
RPS | P/RPS 77.69 Cent  |  0.56
EPS | P/E | EY -14.95 Cent  |  -2.91  |  -34.38%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   9.44%  |    -82.44%
NP Margin | ROE -19.65%  |  -7.58%
F.Y. | Ann. Date 30-Jun-2020  |  27-Aug-2020


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2020 27-Aug-2020 30-Jun-2020 2 78,649 -16,454 -16,500 -16,119 - 949,684 - % -20.98% -1.70% 474,842 16.56 16.34 -3.38 -3.35 0.00 0.00 2.0000 1.97   18.88%   -1.50% 30-Jun-2020 0.395 2.38 -11.64 0.20 -8.59% 0.00% 27-Aug-2020 0.505 3.05 -14.88 0.25 -6.72% 0.00%
31-Dec-2020 05-Jun-2020 31-Mar-2020 1 108,337 -19,619 -20,245 -19,870 - 965,770 - % -18.69% -2.06% 475,749 22.77 22.51 -4.17 -4.13 0.00 0.00 2.0300 2.01   73.19%   -416.78% 31-Mar-2020 0.26 1.14 -6.23 0.13 -16.06% 0.00% 05-Jun-2020 0.36 1.58 -8.62 0.18 -11.60% 0.00%
31-Dec-2019 26-Feb-2020 31-Dec-2019 4 137,069 -57,334 -74,304 -74,114 4,774 983,596 - % -54.21% -7.54% 477,474 28.71 28.48 -15.52 -15.40 1.00 0.99 2.0600 2.04   -330.72%   -897.78% 31-Dec-2019 0.585 2.04 -3.77 0.28 -26.53% 1.71% 26-Feb-2020 0.455 1.58 -2.93 0.22 -34.11% 2.20%
31-Dec-2019 29-Nov-2019 30-Sep-2019 3 131,500 -16,975 -17,664 -17,207 - 1,059,992 - % -13.43% -1.62% 477,474 27.54 27.32 -3.60 -3.57 0.00 0.00 2.2200 2.20   -8.35%   -358.32% 30-Sep-2019 0.455 1.65 -12.63 0.20 -7.92% 0.00% 29-Nov-2019 0.535 1.94 -14.85 0.24 -6.74% 0.00%
31-Dec-2019 27-Aug-2019 30-Jun-2019 2 142,719 -15,804 -16,825 -15,881 - 1,079,091 - % -11.79% -1.47% 477,474 29.89 29.65 -3.33 -3.30 0.00 0.00 2.2600 2.24   -313.03%   -1,412.48% 28-Jun-2019 0.545 1.82 -16.39 0.24 -6.10% 0.00% 27-Aug-2019 0.505 1.69 -15.18 0.22 -6.59% 0.00%
31-Dec-2019 30-May-2019 31-Mar-2019 1 179,447 -2,968 -5,207 -3,845 - 1,098,190 - % -2.90% -0.35% 477,474 37.58 37.28 -0.81 -0.80 0.00 0.00 2.3000 2.28   -141.39%   -106.01% 29-Mar-2019 0.605 1.61 -75.13 0.26 -1.33% 0.00% 30-May-2019 0.57 1.52 -70.78 0.25 -1.41% 0.00%
31-Dec-2018 27-Feb-2019 31-Dec-2018 4 218,933 6,980 8,752 9,290 7,162 1,107,739 77.09% 4.00% 0.84% 477,474 45.85 45.48 1.95 1.93 1.50 1.49 2.3200 2.30   39.47%   105.79% 31-Dec-2018 0.43 0.94 22.10 0.19 4.52% 3.49% 27-Feb-2019 0.50 1.09 25.70 0.22 3.89% 3.00%
31-Dec-2018 30-Nov-2018 30-Sep-2018 3 213,174 6,562 5,938 6,661 - 1,031,343 - % 2.79% 0.65% 477,474 44.65 44.29 1.40 1.38 0.00 0.00 2.1600 2.14   450.50%   138.71% 28-Sep-2018 0.555 1.24 39.78 0.26 2.51% 0.00% 30-Nov-2018 0.475 1.06 34.05 0.22 2.94% 0.00%
31-Dec-2018 30-Aug-2018 30-Jun-2018 2 206,820 2,157 520 1,210 - 1,021,794 - % 0.25% 0.12% 477,474 43.32 42.97 0.25 0.25 0.00 0.00 2.1400 2.12   -98.11%   111.61% 29-Jun-2018 0.56 1.29 220.98 0.26 0.45% 0.00% 30-Aug-2018 0.605 1.40 238.74 0.28 0.42% 0.00%
31-Dec-2018 25-May-2018 31-Mar-2018 1 183,229 64,348 63,180 63,935 - 1,026,569 - % 34.48% 6.23% 477,474 38.37 38.07 13.39 13.28 0.00 0.00 2.1500 2.13   139.82%   1,885.89% 30-Mar-2018 0.67 1.75 5.00 0.31 19.99% 0.00% 25-May-2018 0.70 1.82 5.23 0.33 19.13% 0.00%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 225,501 3,836 -160,430 -160,549 4,774 1,169,811 - % -71.14% -13.72% 477,474 47.23 46.85 -33.62 -33.35 1.00 0.99 2.4500 2.43   -833.04%   -8,099.64% 29-Dec-2017 0.71 1.50 -2.11 0.29 -47.36% 1.41% 28-Feb-2018 0.665 1.41 -1.98 0.27 -50.56% 1.50%
31-Dec-2017 30-Nov-2017 30-Sep-2017 3 198,353 -15,717 -17,695 -17,207 - 1,332,152 - % -8.92% -1.29% 477,474 41.54 41.21 -3.60 -3.57 0.00 0.00 2.7900 2.77   -65.09%   -176.37% 29-Sep-2017 0.765 1.84 -21.23 0.27 -4.71% 0.00% 30-Nov-2017 0.765 1.84 -21.23 0.27 -4.71% 0.00%
31-Dec-2017 29-Aug-2017 30-Jun-2017 2 172,219 -8,387 -10,857 -10,423 - 1,346,476 - % -6.30% -0.77% 477,474 36.07 35.78 -2.18 -2.17 0.00 0.00 2.8200 2.80   -191.15%   -575.50% 30-Jun-2017 0.885 2.45 -40.54 0.31 -2.47% 0.00% 29-Aug-2017 0.815 2.26 -37.33 0.29 -2.68% 0.00%
31-Dec-2017 30-May-2017 31-Mar-2017 1 209,516 7,534 -4,276 -3,580 - 954,948 - % -2.04% -0.37% 477,474 43.88 43.53 -0.75 -0.74 0.00 0.00 2.0000 1.98   -82.84%   -157.81% 31-Mar-2017 1.00 2.28 -133.37 0.50 -0.75% 0.00% 30-May-2017 0.935 2.13 -124.70 0.47 -0.80% 0.00%
31-Dec-2016 28-Feb-2017 31-Dec-2016 4 164,752 15,420 -2,854 -1,958 9,549 1,365,575 - % -1.73% -0.14% 477,474 34.50 34.23 -0.41 -0.41 2.00 1.98 2.8600 2.84   68.55%   -107.41% 30-Dec-2016 0.995 2.88 -242.64 0.35 -0.41% 2.01% 28-Feb-2017 0.995 2.88 -242.64 0.35 -0.41% 2.01%
31-Dec-2016 22-Nov-2016 30-Sep-2016 3 158,771 7,262 -6,337 -6,226 - 1,370,387 - % -3.99% -0.45% 477,487 33.25 32.98 -1.30 -1.29 0.00 0.00 2.8700 2.85   -384.03%   -129.37% 30-Sep-2016 1.08 3.25 -82.83 0.38 -1.21% 0.00% 22-Nov-2016 1.08 3.25 -82.83 0.38 -1.21% 0.00%
31-Dec-2016 26-Aug-2016 30-Jun-2016 2 169,611 2,209 1,981 2,192 - 1,381,913 - % 1.17% 0.16% 476,521 35.59 35.24 0.46 0.46 0.00 0.00 2.9000 2.87   -64.61%   -66.84% 30-Jun-2016 1.06 2.98 230.43 0.37 0.43% 0.00% 26-Aug-2016 1.06 2.98 230.43 0.37 0.43% 0.00%
31-Dec-2016 26-May-2016 31-Mar-2016 1 185,057 8,971 5,828 6,193 - 1,381,515 - % 3.15% 0.45% 476,384 38.85 38.45 1.30 1.29 0.00 0.00 2.9000 2.87   -76.55%   16.08% 31-Mar-2016 1.33 3.42 102.31 0.46 0.98% 0.00% 26-May-2016 1.13 2.91 86.92 0.39 1.15% 0.00%
31-Dec-2015 26-Feb-2016 31-Dec-2015 4 208,523 30,714 25,818 26,415 11,889 1,379,986 45.01% 12.38% 1.91% 477,504 43.67 43.32 5.53 5.49 2.49 2.47 2.8900 2.87   24.61%   1,032.23% 31-Dec-2015 1.32 3.02 23.86 0.46 4.19% 1.89% 26-Feb-2016 1.43 3.27 25.85 0.49 3.87% 1.74%
31-Dec-2015 27-Nov-2015 30-Sep-2015 3 191,314 26,797 21,125 21,198 - 1,351,336 - % 11.04% 1.57% 477,504 40.07 39.75 4.44 4.40 0.00 0.00 2.8300 2.81   220.65%   78.10% 30-Sep-2015 1.01 2.52 22.75 0.36 4.40% 0.00% 27-Nov-2015 1.23 3.07 27.71 0.43 3.61% 0.00%
31-Dec-2015 27-Aug-2015 30-Jun-2015 2 164,635 10,786 6,422 6,611 - 1,337,011 - % 3.90% 0.49% 477,504 34.48 34.20 1.38 1.37 0.00 0.00 2.8000 2.78   23.92%   -36.22% 30-Jun-2015 1.05 3.05 75.84 0.38 1.32% 0.00% 27-Aug-2015 0.91 2.64 65.73 0.33 1.52% 0.00%
31-Dec-2015 27-May-2015 31-Mar-2015 1 159,769 7,572 5,182 5,335 - 1,332,252 - % 3.24% 0.40% 477,510 33.46 33.19 1.12 1.11 0.00 0.00 2.7900 2.77   128.68%   -65.20% 31-Mar-2015 1.18 3.53 105.62 0.42 0.95% 0.00% 27-May-2015 1.02 3.05 91.30 0.37 1.10% 0.00%
31-Dec-2014 27-Feb-2015 31-Dec-2014 4 170,515 -37 1,792 2,333 8,017 1,336,229 343.65% 1.05% 0.17% 438,108 38.92 35.42 0.54 0.48 1.83 1.67 3.0500 2.78   -80.40%   -84.21% 31-Dec-2014 1.09 2.80 204.69 0.36 0.49% 1.68% 27-Feb-2015 1.20 3.08 225.34 0.39 0.44% 1.53%
31-Dec-2014 27-Nov-2014 30-Sep-2014 3 155,576 16,926 11,898 11,902 - 866,785 - % 7.65% 1.37% 433,392 35.90 32.32 2.74 2.47 0.00 0.00 2.0000 1.80   14.83%   -14.62% 30-Sep-2014 1.33 3.71 48.43 0.67 2.06% 0.00% 27-Nov-2014 1.23 3.43 44.79 0.62 2.23% 0.00%
31-Dec-2014 28-Aug-2014 30-Jun-2014 2 180,976 14,469 10,389 10,365 - 869,561 - % 5.74% 1.19% 434,780 41.62 37.60 2.39 2.15 0.00 0.00 2.0000 1.81   -32.39%   -11.17% 30-Jun-2014 1.40 3.36 58.73 0.70 1.70% 0.00% 28-Aug-2014 1.37 3.29 57.47 0.69 1.74% 0.00%
31-Dec-2014 27-May-2014 31-Mar-2014 1 169,585 18,253 15,419 15,330 - 867,650 - % 9.09% 1.77% 433,825 39.09 35.23 3.53 3.18 0.00 0.00 2.0000 1.80   3.74%   62.60% 31-Mar-2014 1.42 3.63 40.18 0.71 2.49% 0.00% 27-May-2014 1.43 3.66 40.47 0.72 2.47% 0.00%
31-Dec-2013 28-Feb-2014 31-Dec-2013 4 197,489 10,232 14,529 14,777 10,932 867,623 73.98% 7.36% 1.70% 433,811 45.52 41.03 3.40 3.07 2.52 2.27 2.0000 1.80   6.00%   53.75% 31-Dec-2013 1.31 2.88 38.46 0.66 2.60% 1.92% 28-Feb-2014 1.27 2.79 37.28 0.64 2.68% 1.98%
31-Dec-2013 28-Nov-2013 30-Sep-2013 3 159,182 18,083 14,063 13,940 - 1,246,348 - % 8.83% 1.12% 434,267 36.66 33.07 3.21 2.90 0.00 0.00 2.8700 2.59   19.47%   -19.14% 30-Sep-2013 1.29 3.52 40.19 0.45 2.49% 0.00% 28-Nov-2013 1.29 3.52 40.19 0.45 2.49% 0.00%
31-Dec-2013 30-Aug-2013 30-Jun-2013 2 184,078 14,962 11,822 11,668 - 1,240,538 - % 6.42% 0.94% 433,754 42.44 38.24 2.69 2.42 0.00 0.00 2.8600 2.58   23.76%   37.01% 28-Jun-2013 1.12 2.64 41.64 0.39 2.40% 0.00% 30-Aug-2013 1.22 2.87 45.35 0.43 2.20% 0.00%
31-Dec-2013 29-May-2013 31-Mar-2013 1 173,779 12,702 9,658 9,428 - 1,229,550 - % 5.56% 0.77% 434,470 40.00 36.10 2.17 1.96 0.00 0.00 2.8300 2.55   -1.90%   1.33% 29-Mar-2013 0.92 2.30 42.40 0.33 2.36% 0.00% 29-May-2013 1.16 2.90 53.46 0.41 1.87% 0.00%
31-Dec-2012 27-Feb-2013 31-Dec-2012 4 195,624 11,090 9,329 9,611 12,162 868,760 126.55% 4.77% 1.11% 434,380 45.04 40.64 2.21 2.00 2.80 2.53 2.0000 1.80   -44.25%   -52.18% 31-Dec-2012 0.98 2.18 44.29 0.49 2.26% 2.86% 27-Feb-2013 0.895 1.99 40.45 0.45 2.47% 3.13%
31-Dec-2012 29-Nov-2012 30-Sep-2012 3 199,314 21,102 17,439 17,239 - 1,211,506 - % 8.75% 1.42% 434,231 45.90 41.41 3.97 3.58 0.00 0.00 2.7900 2.52   102.43%   19.97% 28-Sep-2012 1.04 2.27 26.20 0.37 3.82% 0.00% 29-Nov-2012 0.91 1.98 22.92 0.33 4.36% 0.00%
31-Dec-2012 29-Aug-2012 30-Jun-2012 2 170,184 11,251 8,586 8,516 - 1,220,916 - % 5.05% 0.70% 434,489 39.17 35.36 1.96 1.77 0.00 0.00 2.8100 2.54   -8.47%   -59.87% 29-Jun-2012 1.24 3.17 63.27 0.44 1.58% 0.00% 29-Aug-2012 1.15 2.94 58.67 0.41 1.70% 0.00%
31-Dec-2012 28-May-2012 31-Mar-2012 1 203,553 11,025 9,425 9,304 - 1,212,998 - % 4.63% 0.77% 434,766 46.82 42.29 2.14 1.93 0.00 0.00 2.7900 2.52   -53.70%   -25.98% 30-Mar-2012 1.50 3.20 70.09 0.54 1.43% 0.00% 28-May-2012 1.26 2.69 58.88 0.45 1.70% 0.00%
31-Dec-2011 29-Feb-2012 31-Dec-2011 4 210,619 20,007 20,119 20,097 18,463 868,893 91.87% 9.55% 2.31% 434,446 48.48 43.76 4.62 4.18 4.25 3.84 2.0000 1.81   39.86%   48.67% 30-Dec-2011 1.24 2.56 26.81 0.62 3.73% 3.43% 29-Feb-2012 1.39 2.87 30.05 0.70 3.33% 3.06%
31-Dec-2011 29-Nov-2011 30-Sep-2011 3 142,119 15,238 14,482 14,369 - 1,120,556 - % 10.19% 1.28% 434,324 32.72 29.53 3.31 2.99 0.00 0.00 2.5800 2.33   -32.30%   15.99% 30-Sep-2011 1.16 3.55 35.06 0.45 2.85% 0.00% 29-Nov-2011 1.29 3.94 38.99 0.50 2.56% 0.00%
31-Dec-2011 25-Aug-2011 30-Jun-2011 2 176,638 26,569 21,374 21,223 - 1,118,054 - % 12.10% 1.90% 435,040 40.60 36.70 4.88 4.41 0.00 0.00 2.5700 2.32   68.84%   199.38% 30-Jun-2011 1.89 4.65 38.74 0.74 2.58% 0.00% 25-Aug-2011 1.34 3.30 27.47 0.52 3.64% 0.00%
31-Dec-2011 31-May-2011 31-Mar-2011 1 156,768 16,481 12,769 12,570 - 1,096,676 - % 8.15% 1.15% 435,188 36.02 32.57 2.89 2.61 0.00 0.00 2.5200 2.28   -7.01%   744.95% 31-Mar-2011 1.91 5.30 66.13 0.76 1.51% 0.00% 31-May-2011 1.85 5.14 64.05 0.73 1.56% 0.00%
31-Dec-2010 28-Feb-2011 31-Dec-2010 4 180,157 13,686 13,409 13,518 - 1,083,925 - % 7.44% 1.25% 435,311 41.39 37.43 3.11 2.81 0.00 0.00 2.4900 2.25   9.12%   -12.04% 30-Dec-2010 1.26 3.04 40.57 0.51 2.46% 0.00% 28-Feb-2011 1.25 3.02 40.25 0.50 2.48% 0.00%
31-Dec-2010 29-Nov-2010 30-Sep-2010 3 184,834 15,333 12,194 12,388 - 1,069,280 - % 6.60% 1.16% 434,666 42.52 38.40 2.85 2.57 0.00 0.00 2.4600 2.22   74.75%   505.18% 30-Sep-2010 1.07 2.52 37.54 0.43 2.66% 0.00% 29-Nov-2010 1.15 2.70 40.35 0.47 2.48% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  13 people like this.
 
Mikecyc why shy away from Netx n Scomies ..
20/09/2020 11:17 AM
Mikecyc Indonesia's palm oil sector relies on domestic demand as exports drop

The Jakarta Post
Jakarta
Jakarta / Thu, September 17, 2020 / 06:12 pm


Growth in demand for Indonesian palm oil this year will be driven by domestic consumption as exports drop amid the COVID-19 pandemic, according to the Indonesian Palm Oil Association (Gapki).

Indonesia, the world’s top palm oil producer, is expected to raise domestic consumption by a slight 1.2 percent year-on-year (yoy) to 15.8 million tons in 2020, Gapki data unveiled on Sept. 1 show.

The growth will be entirely driven by the government’s 30 percent palm oil-mixed biodiesel (B30) program, which is expected to offset lower domestic demand for palm-oil based groceries, similar data reveal.


“We absolutely cannot export biodiesel this year,” said Gapki secretary-general Togar Sitanggang at a discussion hosted by MarkPlus on Sept 1.

Palm oil, which is Indonesia’s second biggest export behind coal, is regularly touted as a solution to the country’s gaping trade deficit, yet Gapki’s data show the palm oil industry is bracing for an about turn in terms of export volume this year.

The commodity’s exports will drop 18 percent yoy to 24.92 million tons this year, mainly as the European Union, China and India shudder from the ongoing coronavirus pandemic, according to Gapki data.

The three key markets account for half of the country’s total exports.

Togar explained that, apart from the B30 program, low crude oil prices worldwide had made biodiesel uncompetitive with its fossil fuel counterpart.
20/09/2020 11:19 AM
Mikecyc Global palm oil prices reached their lowest point this year at 2,000 ringgit (US$484.2) per ton on May 6 but have since rallied to 2,995 ringgit on Thursday, according to the global benchmark Bursa Malaysia Derivatives.

Despite the lower export volume, Togar expected export values to be “the same as last year, around $20 billion,” as high palm oil prices compensate for lower sales volume.

“With the economic slowdown, people’s purchasing power will, of course, go down and so will consumption,” said Togar.
20/09/2020 11:19 AM
Mikecyc Combined with the low soybean production, low palm oil output from Malaysia, the world’s second biggest palm oil producer, has kept palm oil prices “much better” than expected, Fitch wrote.

Malaysia, whose plantations mainly run on labor from Indonesia and Bangladesh, is facing a lockdown-induced labor shortage.

“Nonetheless, we expect prices to decline in the next few months as yields and output increase, due to gradual realization from better weather conditions and seasonality,” Fitch said.
20/09/2020 11:20 AM
Mikecyc haha September is started the peak yield season .. as said inventory will increase n price drop gradually following months ..
20/09/2020 11:21 AM
Mikecyc On China flood , seems Thailand and Indonesia will be most benefited .

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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.

___________

Below are the 15 countries that exported the highest dollar value worth of sawn wood during 2019.

1. Canada: US$6.4 billion (17.4% of sawn wood exports)
2. Russia: $4.5 billion (12.3%)
3. Sweden: $3 billion (8.3%)
4. United States: $2.8 billion (7.7%)
5. Germany: $2.3 billion (6.3%)
6. Finland: $1.9 billion (5.3%)
7. Austria: $1.6 billion (4.4%)
8. Thailand: $955.9 million (2.6%)
9. Malaysia: $814.6 million (2.2%)
10. Chile: $788.7 million (2.2%)
11. Latvia: $747.4 million (2%)
12. Brazil: $701 million (1.9%)
13. Ukraine: $619.5 million (1.7%)
14. Belgium: $606.3 million (1.7%)
15. New Zealand: $571.7 million (1.6%)
20/09/2020 11:22 AM
Mikecyc Malaysia palm oil price is at 651.58 USD/MT in June ,up from 573.88 in May , and up from 552.19 one year ago .This is a change of 13.54 % from May and 18.00% from one year ago .

=====

FY19 revenue: 589,744,000

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

CPO n Kernel : 49,484,000 : 8.39 %

Fruit bunches : 19,833,000 : 3.36 %
20/09/2020 11:23 AM
Mikecyc 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.


Production costs of logs and plywood products have escalated after the Sarawak government raised the premium of hill timber and logs of hill species from agro-conversion areas to RM50 from 80 sen per cu m or by a whopping 6,000% in July, 2017.

Timber companies were dealt a second blow when the state authorities increased rehabilitation and development cess to RM5 from 60sen per cu m last year.


The hike in timber premium, rehabilitation and cess amounted to RM55 per cu m, and has raised the costs of logs and timber products by RM110 per cu m, assuming a recovery rate of 50%, according to Sarawak Timber Association.

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
20/09/2020 11:24 AM
Mikecyc WTK, one of Sarawak’s top five timber companies, said the selling price and volume of plywood imported into Japan is experiencing downward pressure as a result of price competition by Indonesian and Japanese plywood producers.
“This was coupled with the construction and house building sectors in Japan are slowing down, and with bearish future, the buyers are limiting the purchase volume, ” added the company when releasing its first quarter to March 31,2020 (1Q2020) report last Friday.

In 1Q2020, WTK group’s timber revenue plunged by 52% to RM71.6mil from RM146.3mil in 1Q2019 and the segment suffered pre-tax loss of about RM17.8mil as compared to pre-tax profit of about RM6.2mil previously due to weaker demand of timber products both domestically and in overseas market.

For the log business, WTK said logs sales volume and revenue fell by 85% and 86% respectively over 1Q2019 mainly due to the weaker consumer sentiment.
“Moreover, the lockdown measures implemented to fight Covid-19 pandemic in Malaysia and foreign countries has resulted the further drop in demand for logs, ” WTK said.
20/09/2020 11:25 AM
Mikecyc 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.
20/09/2020 11:25 AM
Mikecyc Japan market demand is reduced significantly as Olympics 2020 infrastructure and facilities is done .
20/09/2020 11:26 AM
Mikecyc This article first appeared in Corporate, The Edge Malaysia Weekly, on May 30 - June 5, 2016.

AWAY from the public eye, the second- and third-generation of the family of WTK Group's late founder Datuk Seri Wong Tuong Kwang — one of Sarawak’s richest men — are embroiled in a legal tussle over control of the timber business empire he built.

The feud is not widely known as the dispute is taking place at the family's private investment vehicle WTK Realty Sdn Bhd, which held a 13.6% direct shareholding in Bursa Malaysia-listed Sarawak-based WTK Holdings Bhd as at Dec 31, 2015.

On one side are WTK Holdings chairman Pemanca Datuk Wong Kie Yik, 76, and his brother Wong Kie Chie, 69, who is also a non-executive director. On the other are the duo’s sister-in-law Datin Kathryn Ma Wai Fong — widow of the late Datuk Wong Kie Nai, the former CEO of WTK Holdings and second son of Tuong Kwang — and her son Neil Wong Hou-Lianq and daughter Mimi Wong Hou Wai.
20/09/2020 11:27 AM
Mikecyc It is understood that altogether, there are 34 ongoing cases at the High Court in Sibu, Sarawak, some of which have been dragging on for three years.
20/09/2020 11:27 AM
Mikecyc Still in progress proceedings of Winding -up petition ?????

Winding-up petition filed in bid to end WTK family feud
Kang Siew Li
/
The Edge Malaysia

June 14, 2017 15:00 pm

THE daughter-in-law of the late Datuk Seri Wong Tuong Kwang — who was one of Sarawak’s richest men and founder of Bursa Malaysia-listed WTK Holdings Bhd — is seeking to wind up a holding company that is at the centre of a protracted legal tussle between family members.

Datin Kathryn Ma Wai Fong, the widow of the late Datuk Wong Kie Nai — the former CEO of WTK Holdings — went to court last month in a bid to end the long-standing feud with her brothers-in-law, WTK Holdings chairman Pemanca Datuk Wong Kie Yik and non-independent non-executive director Wong Kie Chie.

She is seeking orders to dissolve the family’s private investment vehicle WTK Realty Sdn Bhd, and several other subsidiaries and related parties of WTK Holdings.

The second and third generations of Tuong Kwang’s family have for several years been embroiled in a legal tussle over control of the timber business empire he built. It is understood that there are as many as 34 ongoing cases at the High Court in Sibu, Sarawak. The feud is taking place at WTK Realty, which holds a 13.6% direct stake and 13.8% indirect stake in WTK Holdings as at March 22, 2017.
20/09/2020 11:28 AM
Woodswater https://klse.i3investor.com/m/blog/targetinvest/2020-08-13-story-h1511676642-WTK_RIDING_HIDE_ON_ALL_TIME_HIGH_LUMBER_PRICE_RISING_FCPO.jsp
20/09/2020 12:22 PM
Woodswater WTK RIDING HIDE ON ALL TIME HIGH LUMBER PRICE + RISING FCPO
Author: targetinvest Publish date: Thu, 13 Aug 2020, 1:01 AM
20/09/2020 12:24 PM
Woodswater Si-fool mickey MOUTH
very good analysis 22th March 2017
Thumbs up for u

Very appreciated ur info and very excited coming Monday!
Anyway tx ur HLT 0188 tips to me and now i'm shy shy away to aim for plantations new targets under ur priorities promotion is JTiasa ( i marked down liao)

Cheers, the greatest si-fool
My latest beloved king of investing in KL死矣
My latest cari makan idol

Si-fool mickey MOUTH
i like ur comments n analysis

Wakakakaka
20/09/2020 12:32 PM
stockraider This Mike very panlai bad mouthing loh....when sifu calvin start promoting wtk in march 2020..at 33 sen below...this mike started bad mouthing mah...!!

Today wtk at 50 sen ...mike is still bad mouthing loh..!!

I suspect this monkey mike, will still bad mouthing when wtk go above 60 sen very soon loh...!!

Do not listen to this sohai loh...!!
20/09/2020 1:34 PM
Woodswater Do not listen to this sohai loh...!!
20/09/2020 1:34 PM

Imy antenna receiving si-fool mickey MOUTH making 'BUY' call le
I came here due to stong promoted by him le

Cheers
Wakakakaka
20/09/2020 2:07 PM
Mikecyc haha con artist callvvinn aka why so worry ..
20/09/2020 3:33 PM
Mikecyc Referred to audited FY19 annual report:

Timber Rights :

The group has timber licenses and the rights to timber licenses . The licences will expire in year 2021 and 2022 .


FY19 revenue: 589,744,000

Timber and timber products: 453,266,000 : 76.86 %

Tape n packaging materials: 65,984,000 : 11.19 %

CPO n Kernel : 49,484,000 : 8.39 %

Fruit bunches : 19,833,000 : 3.36 %



>>> renewal of Timber licenses will be Partially or ????



## Logs output : Dec 2018 = 58,217 m3 compared to May 2020 = 14,612 m3 ...
June 2020 = 9,203 m3

From 58,217 m3 reduced to 9,203 m3 -- Scary
20/09/2020 3:37 PM
Mikecyc FY16 : Loss ( 0.1 mil)

Fy17 : Loss ( 188 mil )

FY18 : Profit 81.1 mil

FY19 : Loss ( 111.0 mil )

FY20 (Q1) : Loss (19.9 mil )

FY20 ( Q2 ) : Loss ( 16.1 mil )

Referred to FY18 audited annual report , the Profit of 81.1 mil is from winding up of a subsidiary.

That means operations is at Loss from FY16 , FY17, FY18 , FY19... FY20 also ?
20/09/2020 3:39 PM
Mikecyc FY19 audited annual report:

LoyTape sales is down :

Tapes Division (Manufacturing and Trading)

The division registered a revenue of RM66.0 million in financial year ended 31 December 2019 as compared to RM67.9 million in the preceding year, a decrease of RM1.9 million or 3%, mainly due to reduction in domestic sales revenue as a result of price competition from local competitors. Accordingly, the performance of the Group’s tapes division for the current nancial year was lower as compared to financial year ended 31 December 2018.
20/09/2020 3:41 PM
Mikecyc Gearing Ratio : 0.786

As at 31 December 2019, the Group had cash and bank balances of RM383.2 million (2018: RM384.2 million), whilst bank borrowings and payables amounted to RM301.1 million (2018: RM331.5 million). Accordingly, the Group recorded a positive net cash position as at 31 December 2019.
20/09/2020 3:41 PM
Mikecyc Timber and timber products: 453,266,000 : 76.86 %

Timber represent the highest revenue contribution but production m3 is reduced significantly from over 58,000 m3 on Dec 2018 to June2020 9,203 m3 n July2020 12,887 m3 ... scary ..
20/09/2020 3:46 PM
Mikecyc haha really laugh live me .. limit up ? lost blur blur
20/09/2020 7:05 PM
Mikecyc haha con artist aka add oil sell back what ? kikiki
20/09/2020 10:58 PM
Mikecyc haha Palm oil ??
21/09/2020 8:29 AM
Mikecyc Analysts neutral on plantation sector after jump in palm oil supply
TheEdge Fri, Sep 11, 2020 10:42am - 1 week ago


KUALA LUMPUR (Sept 11): Hong Leong Investment Bank (HLIB) Research has reiterated its "neutral" rating of the plantation sector after palm oil inventory closed marginally higher at 1.7 million tonnes in August as higher output and lower exports were partly offset by lower imports and higher domestic consumption.

Following this, the research house named TSH Resources Bhd as its top pick with a "buy" call and target price (TP) of RM1.14.
At the time of writing, shares in TSH Resources were 1.5 sen or 1.62% higher at 94 sen, bringing its market value to RM1.3 billion. It saw some 679,900 shares change hands.
21/09/2020 8:30 AM
Mikecyc On forecasts, HLIB Research analyst Chye Wen Fei said the research house believes the stockpile will remain on an uptrend in the near term due to seasonally stronger output and lower exports to key importing countries, in particular India as its edible oil inventory had normalised since July and China in absence of seasonal demand.  

“YTD (year to date), CPO (crude palm oil) prices averaged at RM2,526/tonne. While we are still holding the view that [the] current high CPO prices will unlikely be sustained into the remaining months of 2020, the full-year average price will likely come in higher than our assumption of RM2,350/tonne, possibly averaging RM2,450-RM2,500/tonne.

“Pending a further review of the sector, we keep our assumptions for now at RM2,350- RM2,400/tonne for 2020-2021,” said the analyst in a note.
21/09/2020 8:30 AM
Mikecyc Meanwhile, PublicInvest Research noted that CPO prices had gone above the RM2,800/metric tonnes (MT) level since last week, led by increasing concerns over worker shortages and demand recovery from the reopening of economies.

Nevertheless, the research house thinks the current CPO prices may not be sustainable in the final quarter given the surge in palm oil supply during the peak production season.

Thus, it maintained "neutral" on the sector as it sees limited upside from prevailing levels.
21/09/2020 8:30 AM
Mikecyc “CPO production rose 3.1% m-o-m (month-on-month) to 1.86 million MT after seeing a drop of 4.2% in the previous month. The stronger production was mainly contributed by Peninsular Malaysia (+1% m-o-m) and East Malaysia (+5.8%).

“We expect to see continuous growth in production in the next three months before hitting a peak in October/November. However, the main concern is about worker shortages with a majority of plantation players short by 5%-10% following the Malaysian government’s barring of foreign worker hiring till year end,” said PublicInvest Research analyst Chong Hoe Leong in a note.
21/09/2020 8:31 AM
Mikecyc haha Timber , Lumber ?
21/09/2020 8:31 AM
Mikecyc Lumber Futures USD

Sep, 2020 578.60

Aug, 2020 928.00

Jul, 2020 585.80

Jun, 2020 435.70

May, 2020 367.10

Apr, 2020 319.70

Mar, 2020 278.50

Feb, 2020 399.40

Jan, 2020 435.50

Dec, 2019 405.30

Nov, 2019 416.60
21/09/2020 8:32 AM
Mikecyc The most scary is as WTK said timber is losing competiveness ..volume is decreased from Dec 2018 over 58,000 m3 to July2020 12,887 m3
21/09/2020 8:37 AM
Akino Tok Tok 山穷水覆疑无路,柳岸花明又一村。Every cloud has a silver lining. 伊家系 palm oil 话事料 !
21/09/2020 11:04 AM
Mikecyc TOUGH TIME FOR PLYWOOD MANUFACTURERS IN MALAYSIA
11-03-2020

Malaysian plywood manufacturers have lost market share in Japan, their key export market, due to stiff competition from Indonesian suppliers and the sharp increase in local production of plywood from domestic softwood resources.

Statistics from the Sarawak Timber Industry Development Corp. (STIDC) reveal that Sarawak plywood export volumes fell to about 1.12 million cubic metres, worth RM2.26 bil (FOB), in 2019 from 1.43 million cubic metres (RM3.03 bil) in 2018 and 1.74 million cubic metres (RM3.27 bil) in 2017.

Despite the drop in sales, in 2019 Japan was the top buyer of Sarawak plywood absorbing 733,051 cubic metres (RM1.59 bil) or more than 70 per cent of the state’s total plywood exports. Sarawak log export volumes dropped to 1.29 million cubic metres worth RM722.2mil in 2019 against 1.42 million cubic metres valued at RM773 mil in 2018.
21/09/2020 7:16 PM
Mikecyc Plywood import from China up 97% in first half

* COMMODITIES
* Monday, 21 September 2020


# KUCHING: Malaysia, once a major supplier of plywood to China, has now become a key importer of China-made plywood.

In the first half of 2020 (1H20), China’s plywood exports to Malaysia soared 97% to 252,000 cubic metres (cbm) from that of 1H19 but the average price of of plywood Malaysian importers paid fell by 27% to US$269 per cbm

“Malaysia was once a major supplier of plywood to China but now China’s plywood imports from Malaysia totalled just 7,760 cbm valued at US$3.73mil in the first half of 2020, ” according to the International Tropical Timber Organisation Tropical Timber Market Report (Sept 1-15).

About 30% or 2,543 cbm of Malaysia’s plywood exports to China in 1H20 came from Sarawak, figures from Sarawak Timber Industry Development Corp (STIDC) showed
21/09/2020 7:19 PM
Constant One thing good about WTK is that throughout the years of losses, cash is not decreasing much at all. This means the losses are non-cash a.k.a depreciation/amortisation

With a bit of cost cutting and rationalisation, it is possible to return to profit even with reduced sales. But must give management some time.
22/09/2020 9:54 AM
vincent555 在1996年。亚洲股市是最火热全民炒股的状态。几乎每个人都在享受不断增长的利润。许多人已经辞职以从事全职股票交易。股市消息和讨论股票已成为人民的日常话题。在办公室,住宅,咖啡店,市场,饮食场所的任何地方,人们都只谈论下一个“涨停板”股票。


在每个交易大厅或房间中都没有空的座位。在RHB银行总部甚至人潮多的连站的地方都没有。这些地方都挤满了各行各业的商人和专业人士。这些情景发生在亚洲金融危机爆发前!

在这个时期,却有一个人脱颖而出。他就是新加坡的Peter Lim。他在接近股市高峰期时,卖掉了所有股票。然后,只买了一档股票– WILMAR种植园股票。

事后看来,这是一个奇怪但非常精准的举动。在1997年7月2日,乔治·索罗斯(George Soros)袭击了泰珠。泰珠崩溃后,骨牌效益蔓延到了其它国家,例如马来西亚,新加坡,香港,韩国,印度尼西亚。

当时的KLSE最高时为1332点,最低仅剩下262点–暴跌了将近81%。

对于许多人来说,这是一场灾难。数以万计的人破产。许多银行和金融机构资不抵债。亚洲金融危机之前,马来西亚有大概49家银行和信贷公司。如今,剩下的也大概10家。其余的已成为历史。

Peter Lim当时投资了10 million在Wilmar。Wilmar是Mr. Robert Kuok持有的种植园股票。

为何Peter Lim会如此的精准投资?把所有的资金投资在一档股票里面。而且他是正中目标。四年后,新加坡的Peter Lim“ THE REMISIER KING”以15亿的高价出售了其Wilmar股份!

因此,如果时机合适的,种植园股票投资是可以使您成为富翁!

我们现阶段是否正在进入市场厄运的另一阶段吗?让我们拭目以待。

但肯定的是:

EL NINO现象正在酝酿当中

让我们期待种植园股票是否将在这一轮创造更多的百万富翁和亿万富翁。
23/09/2020 8:40 AM
targetinvest infrastructure growth to push economy numbers

plywood to benefit
07/10/2020 11:14 AM
targetinvest the better way to inject cash into the world is thru development..
Government print money, and get back something.. better than just give handout
07/10/2020 11:15 AM
Godllub Sifu

What is the short term TP for WTK

Tq
08/10/2020 4:09 PM
stockraider Correctloh...!!

Tomorrow monday palm oil stock will shoot up strongly mah...!!

Soyabean oil future already up alot loh...!


Posted by calvintaneng > Oct 11, 2020 4:28 PM | Report Abuse

Climate change will cause more lands to disappear and less and less food

Mankind will face horrible famine in future
11/10/2020 6:30 PM
stockraider This sohai 3iii again upto no good loh...!!

What is the purpose & value of 3iii silly post below leh ??

Most importantly ,After calvin sifu make a call on palmoil share, it move up mah!!

Calvin sifu definitely has midas touch lately loh..!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 12, 2020 8:14 AM | Report Abuse

PALM OIL - The Investment That Separates Billionaires from Millionaires! (Reposting by Calvin Tan


Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 12, 2020 8:18 AM | Report Abuse

Better to rewrite the headlines:

How to lose almost 10 houses through investing in Netx in Dec 2019 and Jan 2020?
12/10/2020 1:27 PM
Johnmajor WTK TP RM0.80
12/10/2020 3:23 PM
Godllub Thanks. Johnmajor
15/10/2020 4:28 PM
alfred Timber tycoon Tan Sri Ting Pek Khiing passed away at the age of 79 in his residence on Jalan Setia Raja, Kuching, Sarawak, this afternoon, according to a report in The Borneo Post.
The report said no further details were immediately available as the family had requested for privacy, quoting a source close to the family.Ting was one of the colourful corporate characters of the 1990s. The Sarawakian tycoon previously undertook the development of Plaza Rakyat via his company Plaza Rakyat Sdn Bhd. The project stalled in 1998 due to financial woes after the onset of the Asian financial crisis.
17/10/2020 1:34 PM
stockraider SILLY LOH...!!

TING PEK KHIM...NOTHING TO DO WITH WTK MAH...!!

Posted by alfred > Oct 17, 2020 1:35 PM | Report Abuse

Profit Consortium Sdn Bhd took over the project in October 2015. Until now, the project, sitting in the center of Kuala Lumpur remains incomplete.Ting was also involved in the initial development of the Bakun Hydroelectric Dam in Sarawak via his company Ekran Bhd and for building the Sheraton Langkawi Beach Resort in 100 days.He kept a low profile from 2002 onwards, until he announced in 2018 that he will be embarking on the Langkawi New City project, which was expected to cost around RM30 billion after Tun Dr Mahathir Mohamad became the Prime Minister the second time.
Ting previously told the media that he had spent over 20 years on the development plan and that the project would be the biggest of its kind in the northern part of Peninsular Malaysia.The project was planned to feature 30,000 super condominium units, commercial centres, berthing facilities for ocean liners and yachts and other facilities on an 810ha reclaimed site off the west coast of the island.
17/10/2020 1:36 PM
alfred Profit Consortium Sdn Bhd took over the project in October 2015. Until now, the project, sitting in the center of Kuala Lumpur remains incomplete.Ting was also involved in the initial development of the Bakun Hydroelectric Dam in Sarawak via his company Ekran Bhd and for building the Sheraton Langkawi Beach Resort in 100 days.He kept a low profile from 2002 onwards, until he announced in 2018 that he will be embarking on the Langkawi New City project, which was expected to cost around RM30 billion after Tun Dr Mahathir Mohamad became the Prime Minister the second time.
Ting previously told the media that he had spent over 20 years on the development plan and that the project would be the biggest of its kind in the northern part of Peninsular Malaysia.The project was planned to feature 30,000 super condominium units, commercial centres, berthing facilities for ocean liners and yachts and other facilities on an 810ha reclaimed site off the west coast of the island.
17/10/2020 4:41 PM