Why and who would sell so aggressively in the last few days? When I posted this article, the price of Jaya Tiasa was Rm 2.13 on 1st Nov. and it shot up to above Rm 2.50 and it closed at Rm 2.05 on 30th Dec. 

I think a professional fund manager whose book value of his portfolio is showing too much profit and he wants to depress the price of JT so that he can have an easy start for 2014. In any case, you can see for yourself that JT is so ridiculously under valued. Just basing on the market price of Rm 70,000 per hectare for oil palm plantation X 62,500 ha = Rm 4.375 billion which is more than twice of JT's market capitalization. 

Let me elaborate on its plywood and timber business. JT has almost unlimited log supply from its own forest while manufacturers from India, China, Taiwan and Japan have to buy & import logs, most probably from JT. Remember JT is one of the largest plywood manufacturers in the world and with its competitive advantage, it will generate sustainable profit for a long time. Currently it is not showing much profit because JT has been using its money from its timber business to plant oil palms aggressively. 

I consider JT is my best bet which I will continue to accumulate. After blowing so much about JT, my reputation is at stake. Where can I hide my face if JT remain depressed below Rm 2? 
Koon Yew Yin 

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I will increase my borrowing to buy JT as you can see the big block currently queuing to buy. To be really successful, you must not be afraid to buy when the share goes lower than you originally started to buy if the reasons for buying have not changed.

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