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%.
46 comments:
Wake up at 1.30am for EURO cup
Dow tumble 200 points. How many points KLSE wil lose when open in few hours?
Hng
I bought back small quantity of YTLPower-WB at 50 cts this morning
Bought WTK at 1.24
Bought YTL Power-WB at 50sen
Bought tambun @ 54!
Sold back YTL Power-WB at 50.5sen, realize quick intraday gain.
Hng
Well done. You can buy WB again at 50cts
Bought back and more YTL power-WB at 50sen
Teng
I'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
Hng
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).
Sold YTLPower-WB at 50.5 cts for small.quick intraday gains. Enough for lunch today
Amazing.KLSE index is positive now.Guess Dow's influence on global stock is not that strong now
Teng
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
Hng
My 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
Current 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
Most of the player have CPO production cost at range RM 1500-1800. So the PBT margin still commendable above 50%.
wow hng/teng joining wtk !!
welcome 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.
tcg82
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.
Hng
I thought I can get Tambun at 53.5 or even 53.But seems market today is well supported
Teng
Still interested in OSK? Share price seem lose momentum as the effect of its MD highlighted in early this week pare down
Teng
I 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
I read that article about OSK as well.Sold at cost
Tambun-Ya,everyone is waiting to buy at weakness
Hng
Are you looking into OSK again?Worth to go in now?
Teng
I'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,
wtk 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 ^_^
Bought YTLP-WB at 0.50 and sold back 0.505, half sen contra gain. Will post when free. :)
Good Luck Guy !!
unable to go in EF platform. :(
Have not save my trades yet, i will be losing my records for yesterday's trades. :(
Horse
Three of us ( yourself,Hng,myself) bought ytlpower-wb at 50 and sold 50.5. Next round must make 1 cent
Teng
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.
Hng
I seldom keep track of Sapura group. But dividen is very attractive.will monitor next week
Trading so far..
1. 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
Good 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
Hng
There you go again. Good stock selection.
Horse/Hng
YTLPower-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
hide in bunker wait for dips
trading in the afternoon so far...
1. 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
Tambun is 55-55.5. Any plan to sell?
Teng
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.
Hng
You 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
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%.
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