Cheapest does not necessarily mean the best buy but has the potential to be the best buy. It falls upon the BOD to create and sustain value for all shareholders and that means consistent fair policies and good governance practices. Still some way to go for JTiasa in this respect.

Perhaps some interest may trickle WTK's way when MKHOP gets successfully listed this month end and people realize WTK now controls 56k acres of plantation in Sarawak vs MKHOP's 45k in Kalimantan and is way undervalued.

China's wide manufacturing base caters for the widest range of products in its wide flung markets, from the cutting edge highest end to the basic very low end, and it so happens much of the Malaysian market is at the lower tier. Whose fault is it? Products go where there is demand and a market for it.

Really strange and unfathomable trading pattern. Is this the covering smoke before fire breaks out (next month)? An oracle coming true?

Let me tell you a true story. My cousin inherited 300,000 Nestle Malaysia shares from his conservative father, a long time Nestle distributor since the 1950's, and who had faithfully subscribed for Nestle's share incentive scheme through the intervening years. Soon after Nestle was listed in 1989, he sold his shares at over RM5 so he could get the funds to build his dream house (not in KL or Penang) What a terribly poor decision in hindsight. The 300,000 Nestle shares would be worth RM35 million today and he would have enjoyed superlative dividends over 30 years. The moral of the story is when you have got a real stock winner with a dominant business, stick with it faithfully through the years. As an aside, the Nestle distributorship is long gone, he has sold the dream house and emigrated to greener pastures.

Compare JTiasa to Ta Ann.

Utd Plt has more than a century of innovative agricultural history in Malaysia. They treat their workers well, providing good housing and benefits. They pay their suppliers on time. They distribute generous dividends. They don't monkey around with related party transactions. Go visit their main site at Berang, Perak and marvel at how clean and organized their workers quarters are. There's even a little delicious bakery there open to visitors.

By the way, while they are multinational corporations, Allianz is of German origin while Nestle is Swiss. Utd Plt founder is Danish origin. If looking for British, try Boh Plantations.

Premium valuation is given when it is well deserved and only after decades of sustained growth and proven performance. Nothing to do with management's skin color. Everything to do with trust, integrity and shared prosperity among all stake holders.

What? TSH target now only a modest RM2? What gives? That's a big climb down from target of RM3 by end 2022, blue chip Rm10 longer term and the Nestle beating RM150!! I am super disappointed.

There was a period from mid March 2020 to mid May 2020 when TSH traded below 60 sen according to historical charts. In fact went below 50 sen.

TSH is the ultimate "kaw kaw buy, die die hold" stock promoted by Calvin and also his largest holding according to his own admission. When and if it breaks its April 2022 high of 1.80, then there can be wild celebrations. Until then, Tarzan Samson Hercules remain shackled by weak price performance.

Someone definitely has a touch of manic euphoria. Have JTiasa catch up with TaAnn in governance, transparency and stakeholders trust before taking on the redoubtable UtdPlt. Their current gap is wider than the Pacific Ocean.

@dompeilee, you get my vote for straight talking. An extremely patient investor who bettered a self anointed super investor ultimately humbled by his own oversized ego.

@Calvintaneng, when will TSH share price rival Nestle's annual dividends (2.68 for fye 2023) ?Never mind the Nestle beating price of RM150 which you proclaimed in a manic moment in April 2022 when FCPO went above RM7K. You seem to be nearing one of those hysterical breakdowns, champ, with FCPO barely above Rm4k. What if it goes to RM8k? Do take care of your mental health.

Where JTiasa goes from here depends on its BOD. All the ingredients are there for the development of a good plantation company well respected by its peers and stakeholders. Looking back 10 years, JTiasa at 1.28 still stands at half price its 2014 price whereas TaAnn at 3.69 is double its 2014 price. That is a world of difference. The main reason for the wide divergence? How these companies, engaged in similar businesses, are managed ; and how they are perceived by investors and stakeholders. JTiasa has a long way to go in this respect but has made a positive start by increasing dividends. Investors must feel they are given a fair shake, not taken for a ride.

Logging and plywood were great businesses 30 years ago when timber concessions were easy to get and environmental issues not of great concern. Those very profitable heydays are gone now for JTiasa and WTK. Their timber divisions lost money the last 5 years and have been continually downsized. Many small independent plywood factories have closed down. The move into oil palm plantation was a life saving diversification.

You have to take all predictions with a pinch of salt. In Tan TB's case, his bullish view is a surprise after his gloom the last umpteen years. Ultimately, it is stable and farsighted political leadership that sets the stage for economic resurgence in Malaysia. Is that even remotely possible with the toxicity that has enveloped local politics? I am a lot less sanguine about KLCI's future performance. Three to five years is a long time to wait.

Quarter's loss caused by Rm25 m write down in biological assets in accordance with accounting rules as the timber business continues to bleed. Many small plywood operations have closed down in the last few years. Operating cash flow is still positive hence ability to pay 1.5 sen dividend. Looks like profit recovery may take more time if there is no turnaround in the timber sector. Plantation will become more dominant with the recent acquisitions. There are also valuable surplus properties that can be monetized and funds channeled to better earning assets. Still cheap on a P/B basis.

Untreated mental health issues can lead to delusions and deep seated personality disorders. The narcissism seems to have run strong and unfettered for 10 years or more. It may have taken over the person, or will, if allowed to run its course.

In excess of 52000 posts in I3investor over 10 years is indeed a waste of time and one's life. It could be better spent in community service or doing good deeds for others.

Someone can't figure out travail and trivial are two totally different words with entirely different meanings. Perhaps he is not suited to cope with the travail of being criticized too many times in his woeful stock predictions.

Still won't admit a wrong call after 2 years. What was it my grandmother called us if we stubbornly refuse to admit wrong? A dead chicken still flapping around stretching its neck minus the chopped off head. Help, this dead rooster is still trying to crow!

Offer for TSH from RM1.80 to 1.08, April 2022 to February 2024, but certainly no where near the Nestle beating 150.00!! Current price is likely to be embarrassed by Nestle's usually generous 4Q dividend which was Rm1.22 in FY2023. That truly will be a grisly fact.

TSH is the poorest performing of the 10 pebbles, not even touching 66% of its April 2022 high of RM1.80 plus. (Even JTiasa has gone beyond its 2022 high and poised to go higher.) I find this fact much more gruesome than its lackluster 2023 results. This warrants a re-examination of why one should even hold TSH in a plantation portfolio.

When was the last I heard someone shout JTiasa will go up to RM2, then RM3? This is almost deja vu. Oh, yes, around April 2022 during the kaw kaw buy, die die hold days of "once in a lifetime" plantation stocks bull run. Well, those who bought around RM1.20 in April 2022 but could not hold, must have "died" since JTiasa plunged to 60 sen subsequently. RIP; you are merely collateral damage in a narcissist's mind games. Did someone admit it was a wrong call? Not at all. Here he is, at it again, almost two years later, shouting the same old numbers RM2, RM3. May the ghosts of those who "died" haunt him till JTiasa reaches RM2, Rm3. That will be karma.

A gruesome company helmed by a dandy CEO who enjoys being a style icon and is featured in Tatler magazine. What a deadly combination. Can it really work for TSH?

Demand and price of vacant land depends heavily on economic activity within its vicinity. So it is with Nusantara. Can it develop rapidly into a vibrant economic hub or will it develop leisurely as a government administrative center? Only time will tell. Too many things can affect its outcome.

Laggard WTK attracts some buying interest this morning to push it comfortably over 50 sen. Now it's a battle to take out the stale bulls at each price level until quarterly results at month end show the worst is over.

Negative point of TSH ( a real big one). Nauseous repetitive promotion by an individual with an almost criminally skewed perspective that reminds of the m.o. of confidence tricksters and desperadoes. That almost put me off the stock.

Looking with great anticipation within one's lifetime to the Nestle beating price of RM150 when all of us will be millionaires, billionaires or zillionaires! The longer lived you are, the better the odds.

About time. Market is clearing out the long stagnant longkang in the depths of Jurong Industrial Estate. Why is'nt the longkang protector posting madly on this thread instead of his latest squeeze JTiasa? The longkang can be transformed into a pristine waterway suitable even for river otters to thrive in.

Plantation stock prices are cyclical in line with commodity prices. In April 2022, guess who called for the once in a lifetime bull run in CPO prices in the face of palm oil experts who advised prices were near tops? Buy kaw kaw, he screamed again and again. Such clever timing. TSH broke RM1.80 then and was supposed to reach RM3 end 2022, RM10 for blue chip status longer term and wait for it.....the Nestle beating RM150 ultimately. And now, how? No one is that clever always getting his market timing right.

Hi, skoh, welcome back. I think we can have ourselves a few laughs before CNY and beyond. The market has been kind to me in 2024 and I hope likewise to you. Take care.

Maybe Calvin is unable learn from 3iii's story but investors starting on their journey can. Look at both PPB's and JTiasa's price charts but go back further to 10 years, 15 years, 20 years even. By serious investment standards, 5 years is a relatively short time. Going back 10 years to 31.01.2014, PPB was around RM13 while JTiasa was at RM2.29. And today? PPB is higher at RM14.46 while JTiasa is at a half priced RM1.14. That's the thing with dishonest people inflicted with selective bias, they cherry pick facts to suit their own purposes. Don't be misled. As to JTiasa's poor performance since 2014, that is another story.

What an ignorant buffoon!

Oh yes, being included MSCI Malaysia Small Cap Index in May 2022 (along with TaAnn) is a plus for me although other investors did not think likewise apparently.

Oftentimes the market is illogical or out of sync; therein lies great opportunity for those who recognize it. I also value a business leader's integrity and Kevin Tan's filial piety is a pointer to his strong moral roots. His business acumen has been time tested. So I continue to buy and hold in comfort. The exchange rate for JTiasa:TSH is now around 1:1.1 which is extremely alluring.

Schoolboy response to a seriously relevant question. And some investors follow him? For all serious investors out there, please diligently do your own homework. Buying a share is like buying a piece of someone else's business. You better know what you are getting into. I have owned JTiasa for over 10 years since 2014, lost some money then but followed them through thick and thin and now am reaping the benefits of their business recovery.

What is the value to investors in all this historical drivel? To show how clever Calvin was and is? It's a piece of tabloid trash long on self promotion and short on quality. If you want to be useful, go through JTiasa's Annual Reports for the last 10 years and critically analyze the marked changes in its business and financial performance. A hint. What has happened to its timber and plywood operations?

Sold my JTiasa trading stock near RM1.20 and happy with it. The jumping tiger became overconfident and lost its footing looking for giant treasure in some dark Sarawakian cave. Will see how things go next few days.

If a date in April 2022 were to be chosen as the start date, the outcome would be drastically different as many plantation stocks were near its high and gains from the 2 stocks may not have covered losses on the other 8 ie Pareto's principle is not applicable then.

If you want to know the approximate value of the RM100k portfolio on 26.01.24, just merely tote up the gains on Bplant and Jtiasa and add it to the RM100K capital. You don't need to be mathematically exact because investing is not a science.

What a pathetically poor use of the 8 hours between the first and last post on the question ie
what is the value of the RM100k portfolio invested in 10 pebbles after a two year period ending 26 Jan 2024? Calvin gets an ''F" for his reply because the question is not answered. And he thinks he's so right. A clue was given to resolve the question in only 5 minutes or less but Calvin failed to see it. There were 2 of 10 stocks named that gave the bulk of gains in that period and with Pareto's principle, one would have quickly realized these 2 stocks provided more than 80% of the gains.

While you're at it Calvin, try different start dates around when you issued buy kaw kaw dates such as April 22, May 22 or June 22. Keep the end date at 26.01.24. Just to see how different the results turn out to be when you get the market timing wrong. Whatever you are, you are a prolific writer and I give you credit for that. Just need much more objectivity and focus.

For a hypothetical exercise on his prescient stock picking skills in 2022 for plantation stocks, Calvin should do this instead of shouting he is chun chun this and that. Assume RM100k cash outlay, splash out RM10k at then closing market price on 26.1.2022 (or such other selected historical date) spread over his 10 pebbles and determine gain/loss as at closing market price on 26.01.2024. That's a two year cycle that includes price run ups of BPlant and JTiasa. I would bet this 10 pebble portfolio lost money.

@ OTB ; Just a correction of an honest error. Chua Mah Yu was the partner in RHB Securities in the 80s/90s while Tong Kooi Ong was major shareholder in Phileo Securities/Phileo Bank which was absorbed by Maybank in the aftermath of the Asian Financial crisis in 1998.

Tolerable risk if going small. Take some off my profitable JTiasa and put into TSH. Wrong is where you learn from mistakes, not deny you were ever wrong.

OneOracle ; Appreciate your honest views devoid of confirmation bias.

Amazing. Two persons look at the same stock, have similar conclusions about its longer term value but the approach they take is entirely different. One can warm you to the stock, the other can put you off.

As I post this, Calvin has already taken 2 threads of drugs very early morning today, 204 the last 7 days, 496 the last 30 days and a mind altering 52,524 over the last 10 years! Without his daily dose, he can't function. Let's see how many threads he consumes when he wakes up today with JTiasa, his latest squeeze supplanting TSH, being in active play.