Hi guys,
I already posted on TDM. TDM’s Top 30 Holders are Dynaquest & Dr Neoh Soon Kean private fund.
Now another simiilar stock is Jtiasa (4383) has 2 Sifu Owners – Fong Silling or Cold Eye holding 10 million JTiasa shares & Dr Tan Chong Koay of Pheim Fund
See who will come out winner
And these are the Salient factors for JTIASA
2. A CURSORY LOOK AT JTIASA DEBT SHOWS IT HAS ALMOST RM1 BILLIONS IN BORROWINGS
But It Is Backed by Many More BILLION RINGGIT WORTH OF LANDS, SHOPHOUSES & TIMBER AS WELL AS HUGE PLANTATION LAND BANKS
Let’s take a look at just one example
Pulau Bruit
Lot 5, 6, 14, 15
Block 11
Bruit Land District
Provisional
leasehold expiring
on 18.05.2064
Oil Palm Estate,
Building and
Quarter
100,002,946
sq metres
6 years
17,106,000
09/Dec/2004
From the above we found that JTiasa bought Pulau Brit lands in year 2004 for RmRm17.106 millions
Let’s calculate per sq ft
So convert 100,002,946 sq meter to sq ft by x10.764 = 1076431710.74 sq ft = 0.01589
SO COST OF PURCHASE IS 1.59 SEN PERSQ FT
AMAZING WHERE IN MALAYSIA CAN STILL GET LANDS FOR LESS THAN 2 SEN PER SQ FT?
HOW MUCH PER ACRE?
1.59 x 43560 = RM692.60 OR RM693 PER ACRE
THAT IS VERY VERY CHEAP!!
AND LET’S SEE FURTHER
ON THESE LANDS WERE BUILDINGS, QUARTER & OIL PALM ESTATES
How old?
6 YEARS
YES 6 YEARS ONWARD PALM FRUIT WILL MATURE AND CAN START HARVESTING FOR THE NEXT 20 TO 25 YEARS
See Calvin comments in JTIASA FORUM
calvintaneng Some thoughts on Giant Treasure at current level
WHEN Jtiasa was Rm2. 60 Calvin told Uncle Koon to sell.
Now at 50 sen is 80% discount
AND favorable factors:
1. India cut tax helps cpo competes against soy and other seed oils
2. China cut tax for palm feeds for its pigs
3. Indo and Msia increase biofuel usage give support
4. Cpo stocks expect to deplete soon
5. More cpo export to China as New Year approaching
For plywood
Tokyo Olympic needs plywood
Jtiasa landbanks
Pan Borneo will unlock the value of lands in Sarawak. In Pulau Bruit freehold land is valued at only few cents psf. Sarawak is getting oil royalties for development
All are positive long term booster for jtiasa fundamental
03/01/2019 21:39
BUT THE TRIGGER FACTOR WILL BE THE RISE OF BRENT CRUDE OIL!!
In Year 2014 When Calvin saw shale oil from USA hammering crude oil Calvin warned Uncle Koon Yew Yin to sell his Jtiasa at Rm2.60
Since then till now JTiasa has crashed below 60 sen for a Super Dooper Drop of over 70%
NOW THAT CRUDE OIL HAS REBOUNDED IT IS A MATTER OF TIME CPO PRICES WILL FOLLOW ITS UPTREND
SO NOW IS THE TIME TO BUY JTIASA
Current price of JTiasa is 55 sen
Expected Target Price is Rm1.10 (A modest 100% rebound from its lows) Brent crude rebounded from its lows of USD27 to about USD70 now
So Calvin thinks CPO being a biodiesel substitute for expensive petrol will also rise up
BEST REGARDS
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
NOTE
One Acre Land is even bigger than Football Field by 25% extra
see
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 29, 2024
Created by calvintaneng | Aug 28, 2024
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Yes
At Book Value the Lands in Bruit Island has a value of
1.59 sen psf or Rm693 per acre or 43,560 sq ft
Now with Rm693 we can't even buy a New Aircond or 2 door fridge today
How to get One Acre land Bigger than a football field for Rm693 today
Foot ball field only slightly more than 2/3 of an acre
https://www.google.com/search?q=one+acre+land+is+how+many+football+field&oq=one+acre+land+is+how+many
2019-04-05 13:51
Posted by Icon8888 > Apr 5, 2019 1:57 PM | Report Abuse
Cold Eye sold Jayatiasa already lah
Ok lah Calvin bought mah
See Uncle Kyy sold out Jaks & you dared to buy at bottom?
SO JTIASA IS AT THE VERY BOTTOM NOW
2019-04-05 13:59
Thanks to calvintaneng for the above.
Hopefully share price may break 0.650 and sell the balance of 1 mil shares tomorrow!
2019-04-05 14:02
Just realized boss acquired around this price too.
fongsiling also top 20 shareholder
FCPO rebound,
NTA 1.39
RM1 ok ?
2019-04-05 14:10
Ok now you must go dig deeper
The Book Value of Lands is listed at 1.59 sen Psf
But there is
1) Oil Palm Estate,
2) Building and
3) Quarter
Long ago this was jungle
Then money spent in clearing the forest. Leveling high ground. Removing huge boulders and stones. Filling up valleys leveling up uneven ground
After that got to spend on Building Manager dwelling, offices, warehouses & workers quarters. All these monies spent not in book value
And Oil Palm trees as biological assets (Are these included yet?) Or still counted as not mature?
SO THERE IS A LOT MORE VALUE THAN IT'S REPORTED
NOW LAST TIME DAIMAN BOSS BOUGHT THE DOWNTOWN LANDMARK OFFICE FOR RM100 MILLIONS PLUS. They spent another Rm100 Millions Plus renovating this into 2 separate building !) DAIMAN OFFICE 2) DOUBLE TREE HILTON HOTEL JOHOR
ALL THESE MONIES WERE SPENT TO ADD VALUE
BUT BOOK VALUE ONLY LISTED THE PROPERTY UNDER FORCE SALE AUCTION PRICE
NOW DAIMAN HAS BEEN TAKEN PRIVATE FOR RM3.00
IF FULLY REVALUED DAIMAN SHOULD BE RM6 To RM10
SO IS THE LANDS IN PULAU BRUIT
I HOPE JTIASA BOSS DON'T TAKE JTIASA PRIVATE AT RM1.00
JTIASA BOSS ONCE BOUGHT A BIG CHUNK OF JTIASA SHARES OVER RM2.00
See https://klse.i3investor.com/insider/director/4383/14-Aug-2012/24637_2584862019.jsp (At that time Jtiasa was over Rm2.20)
This one got price
https://klse.i3investor.com/insider/director/4383/06-Dec-2012/24641_2106423128.jsp
2019-04-05 14:14
Mr Cold Eye will be waiting for you at his average buying price of RM0.800 .
2019-04-05 14:16
Just realized boss acquired around this price too.
fongsiling also top 20 shareholder
FCPO rebound,
NTA 1.39
2019-04-05 14:17
Don't sell all on rebound lah
Keep some for higher prices
Oil down from year 2014 and then rebounded
CPO also down and going to rebound
THE up cycle still at the beginning stage
Don't sell and regret later then buy back
2019-04-05 14:46
Mr Calvin please don't stop pushing the price to 0.650 !
Please pump in more energy
2019-04-05 15:00
Mr Calvin Please make the closing price above 0.600 so that the uptrend may continue on Monday.
2019-04-05 15:10
Investor99
It started with Crude oil price rise
Plus Rapid Refinery coming on stream
AND PH Govt needed funds
So Petronas spent more for upstream
Leading to oil and gas bull theme
Then Govt got enough monies to restart Ecrl projects leading to price rise for Ecrl linked stocks
Then Crude price rise also spur more biodisel use
Leading to cpo price rise.
All these are virtuous circle of a cyclical rebound
Later all other palm oil stocks will rise in tandem
Tdm and Jtiasa could be among those that move up by higher per centage because they fell the most
Many will emerge one by one on cyclical upturn
2019-04-05 15:14
All based on one assumption: ECRL project runs. If this assumption is wrong, everything will go holland.
2019-04-05 17:23
Tdm is based on Ecrl while Jtiasa will be boosted by Pan Borneo Highway
Pan Borneo Highway now in progress
2019-04-05 19:30
Palm rises to 6-week high on stronger export outlook
https://www.theedgemarkets.com/article/palm-rises-6week-high-stronger-export-outlook
2019-04-06 07:56
Hoottt ! Dont wait until RM 1 ony chase. Buy low sell high
What to scare? We buy lower than major shareholder !
Particulars of substantial Securities Holder
Name TAN SRI DATUK DIONG HIEW KING @ TIONG HIEW KING
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 14 Jan 2019
11,375,634
Acquired Indirect Interest
Name of registered holder Pertumbuhan Abadi Asia Sdn. Bhd.
Address of registered holder Menara Rimbunan Hijau, 101 Pusat Suria Permata, Level 10 (South Wing), Jalan Upper Lanang, 96000 Sibu, Sarawak
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Acquisition of 11,375,634 shares by Pertumbuhan Abadi Asia Sdn. Bhd. via Direct Business Transaction on 14 January 2019
2019-04-06 14:36
Betul betul punya loh....!!
If u buy into Jtiasa u buying into sizeable undervalue Timber and Palmoil loh......!!
Beside u r betting on landbank as well loh.....!!
Yes...jtiasa now still lose monies....but remember a loss today is a tomorrow big gain loh....!!
Palmoil & timber are turning around loh...!!
Furthermore jtiasa got huge margin of safety thus u can afford to wait mah.....!!
Sarawak big infra boost is kicking strongly it will flow into jtiasa landbank loh..!!
Must buy don miss this great opportunity loh....!!
2019-04-06 16:07
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/201122.jsp
Just realized there is such undervalue company in Bursa. I personally think it is the best time to collect JTIASA.
1) FCPO rebound to 2129
2) Major shareholder has been accumulating a lot at high price. See from
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6038549
Director bought higher than the current price. Why they so confident? Did they know something we dunnoe ?
3) NTA 1.39 which is around 60% discount. Seat with huge cash and assets with little debt
4) TOP shareholder amount to total of 70.2% of ticket which makes the public floating less than 30% who knows director also hold this floating ticket ?
5) for technical side it has break the resistance of 0.55 with volume. Bolinger band open upwards, STAND above Exponential moving average of 5 & 10 days( short term bullish) Price close above smooth moving average for 20 and 60 days. !
MACD start to golden cross. Volume healthy
No overbuy.
ALL IS GOOD! IF YOU MONEY TO BUY IN IS BETTER... BUY LOW SELL HIGH. THE BASIC PRINCIPLE IN INVESTING. WAIT UNTIL PEOPLE DISCOVER THIS GEM THEN IT WILL BE MORE THAN RM 1 !
Remember how Hibiscus go from 0.2 to 1.2 +
Remember how Dayang go from 0.4+ to 1.6+
many more
when result is bad- started to turn around no one notice dare to buy ...
wait until all research IB start to do massive attack/ marketing then people start to chase high....
NOW JTIASA STILL A BABY GROWING TO BE A GIANT BACK IN THE ERA OF RM 3.4 ! ~
WITH BRENT AND CRUDE OIL TURN AROUND CPO WILL BE SKYROCKET SOON
DONT MISS
2019-04-06 23:13
Excellent write out by destiny !! Thanks for the sharing and hard work ....
again same boat with you ...
Hopefully still able to get cheap price on monday before it shoot up .
2019-04-06 23:24
Sorry miss out one important thing
With the recent approval of the Forest Management Certification for one of our four Forest
Management Units and the upward revision of log export quota, we anticipate the performance of
our timber division will improve gradually.
2019-04-06 23:31
Sorry miss out one important thing
With the recent approval of the Forest Management Certification for one of our four Forest
Management Units and the upward revision of log export quota, we anticipate the performance of
our timber division will improve gradually.
2019-04-06 23:31
https://www.theedgemarkets.com/article/palm-rises-6week-high-stronger-export-outlook
KUALA LUMPUR (April 5): Malaysian palm oil futures surged to their highest in six weeks on Friday evening, charting a fifth straight session of gains, on expectations of dwindling stockpiles and improved exports.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was up 0.9% at 2,224 ringgit (US$544.16) a tonne at the close of trade.
It earlier rose 1.4% to 2,235 ringgit, its highest since Feb 25.
Palm is up this week by 5.6%, a second weekly gain in three.
A futures trader in Kuala Lumpur said the market jumped in the evening, on expectations of higher exports in April.
Palm oil futures had risen this week on expectations that March data from industry regulator, the Malaysian Palm Oil Board, to show a decline in inventory levels.
Malaysia's palm oil stockpiles are likely to have dropped during March to its lowest level in five months, according to a Reuters survey, as a hefty jump in exports outpaced production gains.
March inventories are expected to have fallen 6.4% from February to 2.85 million tonnes, the lowest since October 2018, while exports are pegged to come in at 1.63 million tonnes, a 23.4% rise from the previous month.
The Malaysian Palm Oil Board is scheduled to release March data on April 10.
2019-04-07 16:19
https://www.theedgemarkets.com/article/palm-rises-6week-high-stronger-export-outlook
Palm oil demand to be increased
2019-04-07 16:20
Dynaquest & Dr Neoh Soon Kean was out of TDM’s Top 30 Holders refering to the latest annual report.
2019-04-30 22:21
List of Top 30 Holders
Latest 2019 Top 30 shareholder.
No. Name No. of Shares Percentage %
1 Terengganu Incorporated Sdn Bhd (A/C NO: 098-001-045464245) 783,465,243 46.561
2 Terengganu Incorporated Sdn Bhd (A/C NO: 087-055-045755196) 251,267,710 14.932
3 Kumpulan Wang Persaraan (Diperbadankan) 46,788,630 2.780
4 Lembaga Tabung Amanah Warisan Negeri Terengganu 23,482,107 1.395
5 Amanahraya Trustees Berhad 14,828,660 0.881
Public Strategic Smallcap Fund
6 Citigroup Nominees (Asing) Sdn Bhd 8,375,014 0.497
CBNY For Dimensional Emerging Markets Value Fund
7 Citigroup Nominees (Asing) Sdn Bhd 7,177,930 0.426
CBNY For Emerging Market Core Equity Portfolio DFA
Investment Dimensions Group Inc
8 Amanahraya Trustees Berhad 6,331,600 0.376
Public Islamic Treasures Growth Fund
9 Heng Chin Hin 4,663,700 0.277
10 Eng Bak Chim 4,631,000 0.275
11 UOB Kay Hian Nominees (Asing) Sdn Bhd
Exempt An For UOB Kay Hian Pte Ltd (A/C Clients) 4,079,660 0.242
12 Citigroup Nominees (Asing) Sdn Bhd 3,635,020 0.216
CBNY For DFA Emerging Markets Small Cap Series
13 Tan Hock Kien 3,609,250 0.214
14 Kumpulan Pengurusan Kayu Kayan Trengganu Sdn Bhd 3,140,016 0.186
15 TA Securities Holdings Berhad 3,073,010 0.182
CLR (DIL) For Kumpulan Wang Persaraan (Diperbadankan)
16 Megategas Sdn Bhd 2,938,610 0.174
17 Citigroup Nominees (Asing) Sdn Bhd 2,814,150 0.167
Exempt An For Ocbc Securities Private Limited (Client A/C-NR)
18 Huang, Yu-Ling 2,573,060 0.152
19 Ibrahim in AB.Rahman 2,500,000 0.148
20 Tai Tsu Kuang @ Tye Tsu Hong 2,500,000 0.148
21 Maybank Nominees (Tempatan) Sdn Bhd 2,494,700 0.148
MTrustee Berhad For Pacific Pearl Fund (UT-PM-PPF) (419471)
22 Liew Lang King 2,430,500 0.144
23 Soon Lian Huat Holdings Sdn Berhad 2,233,000 0.132
24 Wong Shew Yong 2,220,790 0.131
25 RHB Nominees (Tempatan) Sdn Bhd 2,016,600 0.119
Pledged Securities Account For Gan Wee Yong
26 Lee Ming Ha 2,000,000 0.118
27 Yeong Cherng Sdn Bhd 1,980,000 0.117
28 Maybank Nominees (Tempatan) Sdn Bhd 1,960,010 0.116
Pledged Securities Account For Tan Boon Huat
29 Md Kamaru Al-Amin bin Ismail 1,934,090 0.114
30 UOB Kay Hian Nominees (Tempatan) Sdn Bhd 1,817,300 0.108
Pledged Securities Account For Khong Wan
31 BullDog (maybe)
2019-05-09 12:19
3iii
>>>
TDM’s Top 30 Holders are Dynaquest & Dr Neoh Soon Kean private fund.
Now another simiilar stock is Jtiasa (4383) has 2 Sifu Owners – Fong Silling or Cold Eye holding 10 million JTiasa shares & Dr Tan Chong Koay of Pheim Fund
>>>
Noted
2019-04-05 13:21