anyone knows how to analyze jtiasa log business?

they already get over 50%. just wait and see how much revenue Indonesia plant gonna bring.

RUPIAH is going strong right?

Jan is not a good month for harvesting log, its full of rain.But Feb looks promising, and looking at the record high log price, its a good sign.

Anyone research into their timber business?

There's rain in South America soy planting areas, so likely will put pressure on soy price, hence cpo price.

congrats, further automotive tax exemption.

when will their log and wood business turns black?

vaccine arrival here doesn't means vaccine arrives in all other countries.
How many % of people will go to take the non-mandatory jab with such short clinical trial?
How many % of passengers are willing to fork out the money to pay for quarantines for travelling?
How many quarters AAX would able to survives before full vaccine roll out?

View A: suppliers/creditors wont let AAX get bankrupt, as many of them would eventually get bankrupt if AAX get bankrupt.

View B: foreign capital will come to deal with creditors to onslaught AAX, and eventually take over AAX at a bargain. Who wouldn’t have appetite for those developed routes.

What do you think?

why would they want to offer this when they can buy quitely on market? my guess is they just want to pull a break on the running share price. but after this, the price can continue its momentum.

shit, i forgot its 18th!!! anyone attended?

船运调查机构SGS周二公布的数据显示，马来西亚12月1-15日棕榈油出口量为725380吨，较11月1-15日出口的662376吨增加9.5%。

据Amspec，马来西亚12月1-15日棕榈油出口量为732,780吨，环比上升8.72%。ITS给出的前15日的出口数据同样显示出了上涨的态势。马来棕榈油出口的好转以及印尼增加出口税，对马来出口有所利好的消息，继续支撑马来棕榈油的走势，对国内棕榈油形成支撑。国内方面双节包装油备货旺季已启动，豆油商业库存连续下降，且菜油库存仍保持低位，油脂下方支撑良好，市场对后市仍抱有期待，但鉴于近阶段期货波动剧烈，继续以震荡市对待。目前棕榈油移仓换月，主力切换至2105合约，关注下方6400元/吨的支撑以及上方6800元/吨的压力情况

the stock is working towards golden cross....watch out if it spikes above rm0.50.

https://www.malaymail.com/news/money/2020/11/27/dyson-to-invest-us3.7b-to-double-product-range-by-2025/1926534

invest £2.75 billion in R&D, would translate to at least £275b in product retail i assumed.

will it ever hit rm2 ? last time the oil price hovering at all time high.

i read on china commodity trading site that india lower palm oil import tax. even at such high price, they lower the tax? what does that means? they are desperate to stock!

demand up supply down, price will fly!

If you want momentum you keep buying. Kekeke

external board sales is down due to higher internal sales to RTA division. and RTA division has higher margin than board.

thats great!

Most interesting is the mushroom, Last year qtr loss is -1.12mm, this qtr only -270k. the trend looks like will turn +ve in coming two qtr.

if their production line is running at 100%, its considered good qtr, else its not a good qtr. As I expect previous qtr backlog will fall into this qtr, but the malaysia revenue on leather seats only ~5% y-o-y qtr.

havent study its cash flow statement detail yet, anyone dig into it? just saw trade receivables have a sudden spike,

Group’s Prospects
We expect the oil palm division to perform well in view of the current uptrend in CPO prices due to low inventory level and higher demand from major consuming countries such as China and India in replenishing their dwindling stock.
For timber segment, the average prices for timber products remain stable due to global supplies constraint and we foresee gradual improvement in this division as economic activities start to normalise.

Lower revenue but stronger profit and cash flow.
Debt down cash up.

If next qtr timber turns black then will really fly loh.

comparing previous qtr > current qtr
RSAWIT revenue : 82mm > 111mm ; operating cashflow -15mm > 10mm
SWKPLANT revenue : 97 mm > 137mm ; OCF 28mm > 37mm
BPLANT revenue : 167 mm > 205mm ; OCF 58mm > 119mm
MHC revenue : 86mm > 95mm ; OCF 12.5MM > 18.4mm

everything looks promising,
Jtiasa previous qtr OCF is 30mm, last year qtr is 70mm, lets pray coming qtr hit 100mm.

Great, revenue back to normal, and operating margin improves. slow and steady counter, requires lots of patience

stay put first, expect top glove cluster will grow continuously for 3-4 days.

if you get TP1.75 based on own calculation, then its okay., I have bad experience with HLE TP.

TP 2.80 for 2021
* assuming current revenue is maintained and new contract negotiation with Dyson should be on the desk.
* operation margin maintained
* production capacity increased

thank god export of timber down in 1st 3 months, coz they can keep the inventory and unload now at a much much higher price.

is the record qtr revenue due to flowover from backlog of previous qtr delay in fulfilment due to MCO?

if not. SKP can fly leh

am surprise they only make announcement today, and allows insider to trade it down.

Anyone knows about that association between Rimbunan and Jtiasa?

///Driver///
Soy production affected in Argentina, Brazil
Vaccine news > activity back to normal > meat, oil consumption increase
Europe come out of lockdown > biodiesel need goes up
CPO going into low output season
Indonesia President announce vaccine deploy before year end, boost local consumption
As today, CPO in Dalian exchange break 6800 (2012Q4 level)

///Pull back///
Vaccine failed to be deploy, goes into major lock down

why? i bet door gift will be face mask and PPE set. lol

of course, in agm you can ask director lots of stuff that wont get publish if analyst dont cover it.

congrats to those who hold on. anyone attending their upcoming agm?

if vaccine deployed, its super good news, consumer activities going to pick up.

if solution offers free jab of the vaccine for all shareholders, would you take it?

waiting for Biden to announce mandatory face mask usage.

Mikecyc , Just look at their cash flow statement of FY2020

Operating Cash Flow after paying interest:181mm
capex: -13mm
Financing: -143mm
Nett: still got 25mm (thought 2019 is a bad year)

I think most plantation company are in huge debt as its a milk cow for 15-18 years. Their cash flow will be able to cover in long term. If Jtiasa is net cash company, the share price would be multiple now....

good to hear they already establish distribution channel.

If FY21 Q1 is short of 99,592 tons Fruit Bunches compared to FY20 Q1 , ( 23.4 % ).
But FY21 Q1 CPO average price is RM 2753 ...FY20 Q1 is RM 2014 .. Difference of 26.8 %

If we take CPO cost price is around 1800,
2014-1800 = 214 ; 2753-1800 =953
the generated profit from the sector could be 4x of FY20Q1 even the harvest drops 23%.

good news, EU ce also obtained.
https://klse.i3investor.com/servlets/ptres/57354.jsp

I think supermax price has already factors in orderbook ahead. but pecca, no one knows what's their orderbook on PPE for now.

The average price of CPO for past 2020Q2,Q3 is higher than second half of 2019.

mikecyc are you sure its output per acre for MHC? are they not buying from other estates?

https://klse.i3investor.com/servlets/ptres/50078.jsp
From this write up, indonesia plant should be ready working

http://boilermech.com/oil-recovery-technology.html
And this technology seems promising, just not sure if its propiertary technology or competitive.

Correct me if I'm wrong, i remember the board says in 2021 indonesia revenue contribution will be meaningful. Is this what trigger the run? I didnt attend their recent agm....

what kind of good news soon?

Just receive Rentas Health mask from online order, will test it later and see what's the difference between this and those rm7-15 per box mask from China.

how's the yield and plant maturity of SOP, TAANN, SWKPLT compare to JTIASA, RSAWIT

if you have confident, when it plummet, just buy more. The plummeting volume is very low. if you need confident, drive to their kepong factory and count how many truck load go in and out.

Maybe they are waiting for the N95 approval to announce together.