POWERFUL GAME CHANGERS FOR WTK (4243) WTK HOLDINGS BHD IN PHOTOS (PART ONE: E COMMERCE USING TAPE & COVID 19 USING FLOOR MARKING TAPE, Calvin Tan Research
THERE ARE POWERFUL HIDDEN CHANGES IN THE FORTUNES OF WTK (4243)
See Its Tapes Division (Refer to WTK Annual Report
Tapes Division (Manufacturing and Trading)
The Group’s tapes division comprises of a manufacturing plant in Perai, Pulau Pinang and marketing
offices in Malaysia and Singapore.
This division manufactures various adhesive and masking tapes and is the sole manufacturer of cellulose
tape in Malaysia. Its brand name cellulose tapes, that is Loytape® Cellulose Tape is an established brand
and well-known locally since 1970s. In addition to cellulose tapes, its other major product is in the
production of masking tapes, gummed tapes and trading of other adhesive tapes and packaging
materials. This division serves a wide market base including homes, offices and industrial users.
The sales volume of its manufacturing plant was marginally higher at 22 million square meters (“m2”) for
the current year as compared to 21 million m2 in the preceding year, driven by demand growth. The export
sector constitutes a sizeable proportion of its overall sales at 58% in the current year. The division’s
major export destinations are Australia, China, India, Hong Kong, Thailand and Indonesia.
(Current Sales Revenue is Rm60 to Rm70 Millions.)
Note: The Use of Tapes for E-Commerce is now growing by Leaps & Bounds. More so due to Covid 19 when whole world gone shopping on-line. The Huge Success of Amazon, Alibaba, Shopify & Lazada can attest to this. So selling tapes being a humdrum industry has now turned into a very hot product. See how Master Pack & other packaging companies needs lots and lots of Loytapes.
FLOOR MARKING TAPES DUE TO DISTANCE SPACING
Gloves protect your hands from covid 19
Face masks protect mouth and nose
Isolation gown protects the body
Face shield (TexShield) protects eyes, nose & mouth
Sanitizer by Nylex attacks convid
FLOOR MARKER TAPES BY LOYTAPE OF WTK
PROTECTS YOU FROM PEOPLE!! PEOPLE WITH COVID 19? PERHAPS?
ALL OVER THE WORLD 7.8 BILLION PEOPLE NEED TO PRACTICE SOCIAL DISTANCING
SO THERE IS A HUGE MARKET OUT THERE
PLUS CELULOSE TAPES BY LOYTAPES ARE MADE FROM OIL
OIL PRICE CRASHED IS GOOD FOR WTK'S LOYTAPE BUSINESS
More to come!
Wtk now 36.5 sen
Target price is 60 sen to 80 sen
Calvin Tan Research
Please buy or sell after doing your own due diligence. In doubt please consult your Remisier or Fund Manager.