Koon Yew Yin's Blog

Jaya Tiasa is most undervalued - Koon Yew Yin

Koon Yew Yin
Publish date: Wed, 13 Apr 2022, 10:24 AM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The 2 charts below are showing the slowdown in new planting throughout Indonesia and Malaysia due to land shortage since 2015. With the aging palm tree profile across both countries, the replanting programme will also temporarily limit palm oil supply in the short to medium term. As a result, CPO price started to go up about 2 years ago to hit historical high as shown on the chart below.

CPO price chart

 

As agricultural land becomes limited, oil palm replanting is key to boosting palm oil yield across Indonesia and Malaysia. It is important replant to sustain supply because Indonesia and Malaysia produce about 85% of the world’s palm oil need.

 

 

Due to land shortage, plantation companies with larger planted acreage is a very important consideration for investors. The table below shows Jaya Tiasa is the most undervalued.

Name

Price Rm

Market cap

Million Rm

Planted hectares

Market cap ÷Ha

 

JayaTiasa

1.11

1,081

70,000

15.4

 

Sarawak Pl

2.87

804

35,000

23.0

 

Boustead

1.10

2,464

75,000

32.8

 

Cepatwawa

1.17

373

10,000

37.8

 

SOP

6.20

3,580

88,000

40.6

 

Ta Ann

5.94

2,642

50,000

52.8

 

Hap Seng

3.05

2,440

35,000

69.7

 

 

Jaya Tiasa price chart below:  

 

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Discussions
Be the first to like this. Showing 30 of 30 comments

speakup

the other day u day Subur. now u say Jtiasa. keliru lah

2022-04-13 10:56

s3phiroth

Should mention that Market cap ÷ Ha = Land Value per Hectare (RM ,000)

A year ago palm oil land was about RM60,000 but i am not sure about the valuation now.

2022-04-13 12:31

investor77

In 2009, sold my Oil Palm land, 8 years old, Tenera variety, at Geddes Estate, Bahau , besides Agric Road, for Rm40000/ acre. At that time CPO was at 3k/ ton. Thus price per Ha, x 2.471, equals 100k/ Ha. I believe other factors play a part , like forward sales, borrowings, productivity of mature areas, management quality, segment of profit due to Oil Palm, dividend policy, etc. That is why TaAnn, Inno net profit margin is higher than others as it has no borrowings. Subur Tiasa has borrowings and not 100% Oil Palm. If you notice, as Calvin says - IOI Corp has not moved much due to PNB selling tho it has upstream and downstream investments. Another share is SHChan which at this time of high CPO price, its price fell, probably as Smart Money collecting before it goes higher. In 1993, SHChan touches more than RM20.

2022-04-13 14:30

8888_

Why not FGV the most undervalued? KYY old and nyanyuk? Earlier said TDM, TecGuan, Subur and latest become J Tiasa.

2022-04-13 15:02

8888_

If like Tiong Hiew King counters(JTiasa, Subur among them) MediaC the cheapest.

2022-04-13 15:07

nicholas99

no one put hectar and divide like that only. amateur.. you need to see the productions.. lately covid many foreign worker cannot come in. not all the hectar running.

2022-04-13 15:36

Pinky

Tomorrow by KYY:

"KTV Sentiasa" most undervalued KTV in the market now.

2022-04-13 17:33

tengtj

Few days later KYY May write ‘JT is useless’ or recommend another plantation stocks

2022-04-13 17:43

peterparker69

Kok oldman talk cock

2022-04-13 19:19

calvintaneng

Jtiasa is ok

At its previous bull run years jtiasa reached Rm3.35 high

See if jtiasa will at least reach Rm3.00 by end 2022

Just buy and hold tight then see

2022-04-13 20:23

CHLEONG888

Cannon, for own best interest....

2022-04-13 21:40

CHLEONG888

When KYY and calvinxxx recommend to buy, better cabut fast fast

2022-04-13 21:43

jayden007

Jtiasa is hopeless
Soon....

2022-04-13 22:09

gohkimhock

half past 6 analysis..

2022-04-13 22:21

calvintaneng

Listen! Listen!!

Avoid tdm
Avoid tecguan
Avoid Subur

All in Jaya Tiasa = Giant Treasure

Rm3.00 target price possible

2022-04-14 07:10

nicholas99

so zai only believe tp by kyy

2022-04-14 08:36

VTrade

Itu copywriter je
键盘类型

2022-04-14 09:22

8888_

Swk Plantation(ranked 2nd in KYY market cap/ha) although not cheap in price but far cheaper than same group Ta Ann paid 20 sen dividend for 2021 at CPO lower price. Current CPO still >RM 6K/tonne 20 sen dividend is likely to maintain if not more given.

2022-04-14 14:55

8888_

FGV latest QR EPS 12.75 sen also need to give consideration. Annualised EPS 51 sen PE only 3.9 at RM 2.

2022-04-14 15:02

software guy

Timing of this blog is questionable, why not posted it when JTIASA below 0.95?

2022-04-14 15:17

8888_

KYY plantation hectarage coverage not extensive. Why leave out stocks like FGV with over >400,000 hectare of CPO land?

2022-04-14 15:18

sensonic

Post removed.Why?

2022-04-14 15:54

DragonEgg

uncle ... can you please stop posting anything ahhh... u spoil our rice bowl lah!! The moment u post Jtiasa drop !!

2022-04-14 16:42

Ravi Kumar

First TDM then Jayatisa then Subur now this Jayatisa again ?? Please take a hike uncle

2022-04-14 17:42

i3gambler

8888_
FGV is a special case, most of the land owned by Felda, FGV has to pay fixed amount and profit sharing to Felda.

2022-04-15 08:32

VTrade

Puasa month is normal
Will up more after is month

2022-04-15 08:58

presidentjib

Uncle Koon strikes again..

2022-04-15 22:22

maggiemee

Run

2022-04-15 23:58

Albukhary

Waiting for next Article, SUBUR is the ULTIMATE WINNER of the CPO Rally!! haha

2022-04-17 11:20

calvintaneng

Kyy said Jaya Tiasa was undervalue at Rm2.60

now he said Jaya Tiasa at 60 plus sen no good

listen listen listen

when Kyy promoted Jtiasa at Rm2.60 he was selling

now when he no longer say buy you can safely buy Jtiasa

2023-02-13 13:35

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