Koon Yew Yin's Blog
Jaya Tiasa price correction is good for investors - Koon Yew Yin
Koon Yew Yin
Publish date: Thu, 17 Mar 2022, 12:33 PM
Koon Yew Yin
0 1,414
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
The Jaya Tiasa price chart below shows that it was 61.5 sen on 27 January and it shot up to peak at Rm 1.23 28 February, an increase of 61.5 sen or 100% in about 5 weeks. As a result, many short-sighted investors are selling to pocket some profit. Short term price correction is expected and is a healthy sign. It is good for serious long-term investors to buy at lower prices.
KUALA LUMPUR (Feb 18): Malaysian crude palm oil (CPO) futures prices rose past RM6,000 a tonne for the first time to their all-time high on Thursday evening (Feb 17) after climbing as much as RM87 to RM6,054 in Bursa Malaysia’s extended trading session between 9pm and 11:30pm in what analysts describe as a palm oil industry super cycle amid supply constraints during seasonal low production in the first half of the year when demand is also expected to grow ahead of Hari Raya Aidilfitri in May 2022.
At 10:55am on Friday, March 2022 CPO price rose RM33 to RM6,000 a tonne after the commodity was traded at between RM5,986 and RM6,054 so far on Friday.
March 2022 CPO, which opened at RM6,000 a tonne at 9am, registered bid and ask prices of RM6,000 and RM6,002 respectively.
Public Investment Bank Bhd analyst Chong Hoe Leong wrote in a note on Friday that the palm oil industry witnessed an unprecedented super cycle with CPO futures topping RM6,000 a tonne on Thursday for the first time.
"We turn bullish on the sector as we expect a strong earnings trajectory for the plantation companies. We think CPO prices will remain strong in the first half of 2022 given the tight global vegetable oil supplies and also supply constraints for palm oil in the top two producing countries.
Unfortunately, there are a few less informed investors who are thinking that my object of posting so many buy-recommendations of Jaya Tiasa is to encourage them to buy to push up the share price to make me richer. They cannot do it because the daily traded volume is tens of million shares.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Koon Yew Yin's Blog
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin
Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Sendai price trend reversal - Koon Yew Yin
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
How can KSL double its profit? - Koon Yew Yin
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Why Sabah will leave Malaysia - Koon Yew Yin
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Malaysia can be one of the richest nations in the world - Koon Yew Yin
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Property Developers comparison - Koon Yew Yin
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
My contribution as an Engineer - Koon Yew Yin
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
What can KSL can do to benefit shareholder? - Koon Yew Yin
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
All Investors require Anticipation - Koon Yew Yin
Created by Koon Yew Yin | Feb 29, 2024
After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.
Property developers share prices comparison based on latest EPS - Koon Yew Yin
Created by Koon Yew Yin | Feb 29, 2024
KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.
Discussions
Be the first to like this. Showing 15 of 15 comments
If his objective is not to influence less informed investors to push up the shares to make him rich, then what's his objective?......to make less informed investors rich???
2022-03-17 19:36
Dr Neoh Soon Kean of Dynaquest is in Top 30 holders of Jtiasa for many years
Jtiasa is a stock whose time has come
Do not miss the coming Superbull ahead
2022-03-17 20:51
4086
I see Dr Neoh has SOP, Subur Tiasa, Jtiasa (same boss of Subur) and Thplant
Dr. Neoh in Top 30 holders and all doing excellent
also Cold Eye aka Fong Siling
He is in Top 30 of Hs Plant and Innoplant (Tsh also has 21.95% of inno)
2022-03-18 11:56
Calvin u must have made a lot of $$ from Oil Palm counters, why not take over TalamT, the ICBC stock, and shake it up??
2022-03-18 13:22
Posted by king36 > 53 minutes ago | Report Abuse
Calvin u must have made a lot of $$ from Oil Palm counters, why not take over TalamT, the ICBC stock, and shake it up??
Tyvm
Calvin still got Talam shares & Tan Sri Datuk Chan is in charge of Talam
As for now CPO Over Rm6,000 we enjoy Palm oil Super Bull first (others Kiv ok)
2022-03-18 14:17
King36
Now we are in Palm oil Superbull due to Cpo over Rm6,000 a ton (Just focus on Palm on Theme now)
2022-03-18 14:18
calvin, how about kmloong? i see nobody mention about kmloong, but neoh choo ee and dynaquest is top 30.
2022-03-18 14:25
No price correction is good for investors !!!
Onli price rally is good for investors.
2022-03-18 15:35
4086
Kmloong people already said that when Cpo prices were low their milling business will do well and if Cpo prices are high then their milling business will earn less as they have to pay more for Ffb (fresh fruit bunches)
As such it is better to go for palm oil co with pure upstream
Also compared to others Kmloong has lesser palm oil estates
That is so clear
That is why go for Pure upstream palm oil co with large palm oil acreage best
2022-03-19 00:58
When CPO price is high Kmloong should gain more instead because it gains more by processing from FFB to crude palm oil. Kmloong people may have provided wrong information or the one who received the information has misunderstood it.
I maybe wrong.
2022-03-19 11:36
Thank you Calvin for your sharing. Jtiasa is more favourable than Kmloong, as for me this is fair enough.
The confused part is the keywords, CPO and fresh fruit bunches.
The intake of palm oil mill is FFB, not CPO. Only higher cost of FFB can increase the production cost but not CPO.
Possibly typo errors by The Edge Malaysia?
----------------------------------------------------
Higher CPO price actually means higher cost for our milling operations
Fresh Fruit Bunches was Rm350 per ton & now over Rm800 a ton - up by over 100%!!)
2022-03-19 15:16
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-04-25 16:15:00
EMA 5
5 Mins
SELL
2024-04-25 16:10:00
EMA 5
5 Mins
BUY
2024-04-25 16:00:00
EMA 5
Hourly
SELL
2024-04-25 12:15:00
EMA 5
5 Mins
SELL
2024-04-25 12:10:00
EMA 5
5 Mins
BUY
Apps
Top Articles
1
Good Articles to Share
Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City
2
3
4
THE INVESTMENT APPROACH OF CALVIN TAN
5
6
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vcinvestor
"Unfortunately, there are a few less informed investors who are thinking that my object of posting so many buy-recommendations of Jaya Tiasa is to encourage them to buy to push up the share price to make me richer. They cannot do it because the daily traded volume is tens of million shares." - so basically this is your admission that you're using less-informed readers to jack up the share price to your profit la
2022-03-17 14:09