I don;t really track WTK but I confused with WCT(I was shocked you bought at.1.24)Just visited WTK website and see it has cash of 200million ( with debt also around 200 mil,so zero gearing).
The main reason i like WTK is that its palm oil division production start to pick up significantly, almost double up and log production also increase by 50%. This is plus strengthening US dollar against ringgit, therefore, it is likely upcoming Q2 result will at least double up compared to Q1 result. In addition, other good factors are major shareholder keep accumulating through open market + share buyback + upcoming dividend of 8.5% + healthy balance sheet + increasing demand from Japan as rebuilding after tsunami start to pickup etc + steady log price etc
Bought UOAdev at 1.53, with EPF consistent increasing stake + very soon UOAdev will declared its dividend of 10sen nett, 6.5% net yield (already secure approval from Bursa securities for its dividend reinvestment), downside risk limited.
Thanks for your highlighted in your previous post, which prompt me to do research on its and compared with its peer, like Lingui and Jtiasa and figure out WTK trading at cheapest valuation and cum dividend of 8.5% (4.25sen) and have waited for its share weakness to start accumulation.
I still keep my second round of YTL Power-WB at 50sen after make o.5sen in first round. Wanna to get more but no done, will try next week for higher profit
Sapind delcare dividend of 15sen TE, ex-date on 20July, give rise to nett yield of 8.5%. Sapind share price has been keep upward and these trend likely to continue next week.
I'm planning to sell now as i intend to received its dividend of 3.8sen, as the day closer to the ex-date, Tambun likely to trade even higher, or stay at this level after ex-date. Event he ex-date is sometime in Aug, but coincidentally also about that time Tambun due to announce its Q2 result. if result exceed or meet expectation, stock will have support at this level even already ex for dividend.
OH!? Omitting no in my sentence....Sorry, i mean no planning to sell Tambun at the moment, as it remain my core holding (more than 1/3) till ex-date to enjoy dividend and aim for recurring income for next 1-2year based on its dividend policy to payout 40-60% net profit, yield should be at 8-9%.
Wake up at 1.30am for EURO cup
ReplyDeleteDow tumble 200 points. How many points KLSE wil lose when open in few hours?
Hng
ReplyDeleteI bought back small quantity of YTLPower-WB at 50 cts this morning
Bought WTK at 1.24
ReplyDeleteBought YTL Power-WB at 50sen
ReplyDeleteBought tambun @ 54!
ReplyDeleteSold back YTL Power-WB at 50.5sen, realize quick intraday gain.
ReplyDeleteHng
ReplyDeleteWell done. You can buy WB again at 50cts
Bought back and more YTL power-WB at 50sen
ReplyDeleteTeng
ReplyDeleteI've today add new stock today, WTK at 1.24, into my portfolio to be core stocks, other core stock in portfolio now are Tambun, Chuan and CYL
Other non-core stocks in portfolio are: Sapind; Ewein and YTL Power-WB
ReplyDeleteHng
ReplyDeleteI don;t really track WTK but I confused with WCT(I was shocked you bought at.1.24)Just visited WTK website and see it has cash of 200million ( with debt also around 200 mil,so zero gearing).
Sold YTLPower-WB at 50.5 cts for small.quick intraday gains. Enough for lunch today
ReplyDeleteAmazing.KLSE index is positive now.Guess Dow's influence on global stock is not that strong now
ReplyDeleteTeng
ReplyDeleteThe main reason i like WTK is that its palm oil division production start to pick up significantly, almost double up and log production also increase by 50%. This is plus strengthening US dollar against ringgit, therefore, it is likely upcoming Q2 result will at least double up compared to Q1 result. In addition, other good factors are major shareholder keep accumulating through open market + share buyback + upcoming dividend of 8.5% + healthy balance sheet + increasing demand from Japan as rebuilding after tsunami start to pickup etc + steady log price etc
Hng
ReplyDeleteMy queue for WTK( before I went out for lunch) at 1.24 done.
2-3 weeks ago I know CPO was low at 3k/MT.But still profitable for most planters.
Dividen-WTK paid 6% or 3 cents dividen for 2010 and 2011.Do you mean 8.5% dividen( 4.25cents) or 8.5% dividen yield?
Teng
ReplyDeleteCurrent WTK trade cum dividend of 8.5% (4.25sen), yield at 3.4% is going to declare on 28 June after secure approval in AGM. Downside limited.
Teng
ReplyDeleteMost of the player have CPO production cost at range RM 1500-1800. So the PBT margin still commendable above 50%.
This comment has been removed by the author.
ReplyDeletewow hng/teng joining wtk !!
ReplyDeletewelcome to the club
let's all huat 888
Bought UOAdev at 1.53, with EPF consistent increasing stake + very soon UOAdev will declared its dividend of 10sen nett, 6.5% net yield (already secure approval from Bursa securities for its dividend reinvestment), downside risk limited.
ReplyDeletetcg82
ReplyDeleteThanks for your highlighted in your previous post, which prompt me to do research on its and compared with its peer, like Lingui and Jtiasa and figure out WTK trading at cheapest valuation and cum dividend of 8.5% (4.25sen) and have waited for its share weakness to start accumulation.
Hng
ReplyDeleteI thought I can get Tambun at 53.5 or even 53.But seems market today is well supported
Teng
ReplyDeleteStill interested in OSK? Share price seem lose momentum as the effect of its MD highlighted in early this week pare down
Teng
ReplyDeleteI don;t think Tambun will go down further as it already declared dividend of 3.8sen and stock will be well supported by these dividend yield.
Hng
ReplyDeleteI read that article about OSK as well.Sold at cost
Tambun-Ya,everyone is waiting to buy at weakness
Hng
ReplyDeleteAre you looking into OSK again?Worth to go in now?
Teng
ReplyDeleteI'm waiting for price to come down a more first. Buy share that undervalue on weakness can increase odds to make money and limit downside risk.
hng,
ReplyDeletewtk try plot a 2/5 year weekly charts and draw horizontal lines the traded price range jumps out like a sore thumb
sozo mentioned few weeks another one with 3.8sen divvy climbing slow and steady ^_^
ReplyDeleteBought YTLP-WB at 0.50 and sold back 0.505, half sen contra gain. Will post when free. :)
ReplyDeleteGood Luck Guy !!
unable to go in EF platform. :(
ReplyDeleteHave not save my trades yet, i will be losing my records for yesterday's trades. :(
Horse
ReplyDeleteThree of us ( yourself,Hng,myself) bought ytlpower-wb at 50 and sold 50.5. Next round must make 1 cent
Teng
ReplyDeleteI still keep my second round of YTL Power-WB at 50sen after make o.5sen in first round. Wanna to get more but no done, will try next week for higher profit
Sapind delcare dividend of 15sen TE, ex-date on 20July, give rise to nett yield of 8.5%. Sapind share price has been keep upward and these trend likely to continue next week.
ReplyDeleteHng
ReplyDeleteI seldom keep track of Sapura group. But dividen is very attractive.will monitor next week
Trading so far..
ReplyDelete1. Sold off all Sapind at 1.75, realize paper profit
2. Sold UOAdev at 1.55, bought back at 1.53, realize intraday gain
3. bought YTL at 1.99-2.01, sold off at 2.03, realize intraday gain
4. increase further stake of YTL Power-WB at 51sen, sold off all at 52sen, realize intraday and contra gain together
Hng
ReplyDeleteGood start of the week
I still keep 1/3 of YTLPower-WB that I bought about a month ago.
Sold some YTLPower-WB at 53. t current price,my investment in YTLPower-WB should be positve
ReplyDeleteHng
ReplyDeleteThere you go again. Good stock selection.
Horse/Hng
ReplyDeleteYTLPower-WB is now trading at discount ( 3-4 cents).
I probably hold my current holding of WB for time being
sozo kaching 0.59 liao tqvm
ReplyDeletehide in bunker wait for dips
trading in the afternoon so far...
ReplyDelete1. Bought YTL Power-WB at 54-55sen, sold off at 56sen, realize second round of intraday gain
2. Bought YTL at 2.00, sold off at 2.04, realize second round of intraday gain
Hng
ReplyDeleteTambun is 55-55.5. Any plan to sell?
Teng
ReplyDeleteI'm planning to sell now as i intend to received its dividend of 3.8sen, as the day closer to the ex-date, Tambun likely to trade even higher, or stay at this level after ex-date. Event he ex-date is sometime in Aug, but coincidentally also about that time Tambun due to announce its Q2 result. if result exceed or meet expectation, stock will have support at this level even already ex for dividend.
Hng
ReplyDeleteYou mean NO plan to sell?
I sold some more ytlpower-wb. If I can sell my remaining wb at 60 cents,I will make decent money on my wb.
Teng
ReplyDeleteOH!? Omitting no in my sentence....Sorry, i mean no planning to sell Tambun at the moment, as it remain my core holding (more than 1/3) till ex-date to enjoy dividend and aim for recurring income for next 1-2year based on its dividend policy to payout 40-60% net profit, yield should be at 8-9%.