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2 weeks ago | Report Abuse
Peninsula Chinese Cuisine Restaurant
3rd Floor, Evolve Concept Mall Pacific Place @ 4, Jalan PJU 1a/3e, Ara Damansara, 47301 Petaling Jaya, Selangor
2 weeks ago | Report Abuse
Jaks own 51 % on Evolve Mall , is acquired on 2013 with RM 93.2 million.
JAKS Resources Berhad entered into a conditional share sale and purchase agreement to acquire 51% stake in MNH Global Assets Management Sdn Bhd. from Island Circle Development (M) Sdn. Bhd. for MYR 93.2 million.
March 29, 2013 at 12:00 am EDT
2 weeks ago | Report Abuse
Haha wow Konartist sslleee konpetHuang deleted own post so fast le !!!
2 weeks ago | Report Abuse
Energy Commission to announce winning bids for LSS5 in November
By Bernama
October 8, 2024 @ 4:56pm
KUALA LUMPUR: The Energy Commission (EC) will announce the winning bids for the fifth round of the Large Scale Solar (LSS5) programme in November, said its chief executive officer (CEO) Datuk Razib Dawood.
"The announcement will be in November. I can't disclose the details. Just wait," he told Bernama on the sidelines of Enlit Asia 2024 here today.
In April this year, the Ministry of Energy Transition and Water Transformation, through the EC, announced the offer of a solar quota of 2,000 megawatts (MW) through a competitive bidding process under the next phase of the Large Scale Solar (LSS) programme.
The bidding process was for LSS5 or LSS-Energy Transition SuRiA - LSS5 targets a total capacity of 2,000MWac, and the solar power plants under the programme are scheduled to start operating in 2026.
2 weeks ago | Report Abuse
Energy Commission to announce winning bids for LSS5 in November
By Bernama
October 8, 2024 @ 4:56pm
KUALA LUMPUR: The Energy Commission (EC) will announce the winning bids for the fifth round of the Large Scale Solar (LSS5) programme in November, said its chief executive officer (CEO) Datuk Razib Dawood.
"The announcement will be in November. I can't disclose the details. Just wait," he told Bernama on the sidelines of Enlit Asia 2024 here today.
In April this year, the Ministry of Energy Transition and Water Transformation, through the EC, announced the offer of a solar quota of 2,000 megawatts (MW) through a competitive bidding process under the next phase of the Large Scale Solar (LSS) programme.
The bidding process was for LSS5 or LSS-Energy Transition SuRiA - LSS5 targets a total capacity of 2,000MWac, and the solar power plants under the programme are scheduled to start operating in 2026.
2 weeks ago | Report Abuse
Haha konartist sslleee yr TinKosong KonpetHuang used new id ke… after MrHuangbk is banned permanently..as used so many similar/ abusive id to post abusive n unethical posts contents!
Admin had done a great task ! TQ .
2 weeks ago | Report Abuse
Haha repost from Jtiasa :
Posted by Mikecyc > 2 minutes ago | Report Abuse
Haha now Jaks management can focus on LSS5 2000 MW EPCC RM 7.2 billion Solar project tender results that award shl be started announcing on November 2024 …
2 weeks ago | Report Abuse
Haha repost from Jtiasa :
Posted by Mikecyc > 8 minutes ago | Report Abuse
Haha do you want another 6 years legal battle again starting from High Court to Court of Appeal to Federal court?
The Bank Guarantees amount being call in ard 6 years ago !
-
👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.
2 weeks ago | Report Abuse
Haha now Jaks management can focus on LSS5 2000 MW EPCC RM 7.2 billion Solar project tender results that award shl be started announcing on November 2024 …
2 weeks ago | Report Abuse
Haha if can monetise the property segment assets :
Reply during AGM :
2 The Property Investment division
comprises two investment properties,
namely Pacific Towers Business Hub
and Evolve Concept Mall. The division
incurred a finance cost of RM19.3
million while generating revenue of
RM10.3 million and a loss after tax of
RM6.3 million in FY2023.
As at FYE2023 :
👉 Current outstanding loan balance for Evolve
Concept Mall stands at RM206.4mil whereas the
outstanding loan balance for Pacific Towers stands
at RM70.6mil.
C) Monetising these property assets is the key priority
moving forward, regardless of turning around the
business. However, the immediate goal is to
increase occupancy rates and average rental rates
with strong and reliable tenants, thereby improving
the saleability of the assets.
A) Yes, the occupancy rate at Pacific Towers
Business Hub improved from 35% in FY2022 to
54% in FY2023, while Evolve Concept Mall saw an
increase from 59% in FY2022 to 75% in FY2023.
—-
Hoho interesting lo , if can monetise the property segment assets :
a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.
b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.
👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.
👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.
2 weeks ago | Report Abuse
Haha do you want another 6 years legal battle again starting from High Court to Court of Appeal to Federal court?
The Bank Guarantees amount being call in ard 6 years ago !
-
👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.
2 weeks ago | Report Abuse
Haha oh KS55 whom attacked OTB with SWOT analysis without facts n figures ..not normal to be used in Investing..
I am posted :
S = Strength : as YTLpower promoters posted positive facts n figures
W= Weakness , T = Threat : as per my posts on each business segments hidden risks !
O= Opportunity: as Per my Point 1 to Point 4 case study … on Point 3 ( Swing Swing Swing Range ) .
After I am posted n Said KS55 posted without facts n figures.. he just bla bla bla how to show facts n right figures!!🤣🤣🤣🤔
2 weeks ago | Report Abuse
👉👉as posted earlier, year 2025 shl be Jaks year .
P/s : After won the 6 years legal battle against Star on March 2024 ( Pacific Star project ) from Federal Court … Jaks is counter claimed Star for RM 540 million.. next case management on 11/10/2024 for the parties to comply with the Pre-Trial case management directions. Trial was fixed on August 2025 .
👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.
>> Case Management:
1.) 8/5/2024
2.) 11/7/2024
3.) 11/10/2024
And the Losses from Star Pacific project can be reduced in view of :
1.) occupancy n tenancy
PACIFIC STAR
Section 13, Petaling Jaya
Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion. The Group acquired the land from the Star Publications for RM135 million and the payment for this consideration would be the construction and transfer of an office tower to the Star Publications. This development consists of 5 blocks for residential units and commercial space purposes.
Star Publications has exclusive rights to Tower A, while Tower B, also an office suites, has 258 units. Tower C on the other hand consists of 191 units of semi-D like homes. Tower D consists of 156 units of serviced apartments located on the 10th to 24th floor. Meanwhile, Tower E consists of 310 units sprawled over the 10th to 33th floor.
There are 4 levels of basement car parks, 4 levels of retail units, 3 levels of office suites and 6 levels of elevated car parks.
👉And further if can monetise the property segment assets :
a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.
b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.
👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.
👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.
2 weeks ago | Report Abuse
👉👉as posted earlier, year 2025 shl be Jaks year .
P/s : After won the 6 years legal battle against Star on March 2024 ( Pacific Star project ) from Federal Court … Jaks is counter claimed Star for RM 540 million.. next case management on 11/10/2024 for the parties to comply with the Pre-Trial case management directions. Trial was fixed on August 2025 .
👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.
>> Case Management:
1.) 8/5/2024
2.) 11/7/2024
3.) 11/10/2024
And the Losses from Star Pacific project can be reduced in view of :
1.) occupancy n tenancy
PACIFIC STAR
Section 13, Petaling Jaya
Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion. The Group acquired the land from the Star Publications for RM135 million and the payment for this consideration would be the construction and transfer of an office tower to the Star Publications. This development consists of 5 blocks for residential units and commercial space purposes.
Star Publications has exclusive rights to Tower A, while Tower B, also an office suites, has 258 units. Tower C on the other hand consists of 191 units of semi-D like homes. Tower D consists of 156 units of serviced apartments located on the 10th to 24th floor. Meanwhile, Tower E consists of 310 units sprawled over the 10th to 33th floor.
There are 4 levels of basement car parks, 4 levels of retail units, 3 levels of office suites and 6 levels of elevated car parks.
👉And further if can monetise the property segment assets :
a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.
b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.
👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.
👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.
2 weeks ago | Report Abuse
Haha oh KS55 whom attacked OTB with SWOT analysis without facts n figures ..not normal to be used in Investing..
I am posted :
S = Strength : as YTLpower promoters posted positive facts n figures
W= Weakness , T = Threat : as per my posts on each business segments hidden risks !
O= Opportunity: as Per my Point 1 to Point 4 case study … on Point 3 ( Swing Swing Swing Range ) .
After I am posted n Said KS55 posted without facts n figures.. he just bla bla bla how to show facts n right figures!!🤣🤣🤣🤔
—
Posted by Sslee > 40 minutes ago | Report Abuse
Mike-tikus, your jaks sudah surrender loh🤣😊😇
Posted by ks55 > Nov 4, 2024 6:51 PM | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company...
2 weeks ago | Report Abuse
KUALA LUMPUR (Nov 4): The six-year dispute between Star Media Group Bhd (KL:STAR) and property developer JAKS Resources Bhd (KL:JAKS) over the development of a parcel of land in Section 13, Petaling Jaya, which started in 2018, has come to an end, with both parties inking an agreement to settle the issue.
With the settlement agreement, the parties have agreed to withdraw legal proceedings and any counter claim against each other, with no liberty to file afresh. Star Media will also be allowed to recognise the bank guarantee of RM50 million it called in February 2018 as "other income".
"Hence, the settlement agreement is expected to have a positive impact on the earnings, earnings per share (EPS) and net assets (NA) per share of the company for the financial year ending Dec 31, 2024. The impact to the EPS (earnings per share) and NA (net asset) per share is estimated to be approximately RM0.07," Star Media said in a filing with Bursa Malaysia on Monday.
The legal dispute, which started six years ago, centred on the divestment of the land by Star Media to JAKS Resources in 2011, in return for JAKS Resources building a 15-storey office tower for Star Media on the site.
JAKS Resources’ unit JAKS Island Circle Sdn Bhd (JIC) also provided a RM50 million bank guarantee to assure the completion and delivery of the office tower. On top of that, JAKS provided its own corporate guarantee in favour of Star Media. However, JAKS Resources allegedly faced significant delays, missing the delivery deadline by 28 months.
In 2018, Star Media demanded the bank guarantee, asserting that JIC had failed to fulfill its delivery obligations, a claim JAKS disputed. Nevertheless, JAKS released the bank guarantee to Star Media in January 2019.
Despite this, Star Media initiated legal action on April 30, 2019, alleging that JAKS Resources had not met its obligations under the corporate guarantee for JIC to deliver the office tower. Star Media sought RM134.5 million as the remaining purchase price of the land, in addition to RM43.22 million in late payment interest.
In response, JAKS filed a counterclaim for the return of the RM50 million bank guarantee, along with RM248.24 million in liquidated damages, and RM297.04 million for loss of proceeds from a corporate fundraising exercise, which it argued were adversely impacted by Star Media's lawsuit.
The High Court in August 2020 partly allowed Star Media's summary judgment application in respect of the corporate guarantee claim against JAKS Resources, ruling that the company be paid the RM134.5 million balance of the purchase price of the land and the late payment interest at a rate of 8% per annum, from Oct 25, 2025 to July 6, 2020.
However, this summary judgement was set aside by the Court of Appeal in 2021, who ordered the matter be sent back to trial at the High Court. The Federal Court then dismissed Star Media's appeal against that decision and upheld the appellate court's order.
Shares of Star Media closed 0.5 sen lower, or 1.20%, at 41 sen on Monday, for a market capitalisation of RM299.21 million. JAKS Resources, meanwhile, closed unchanged at 13 sen with a market capitalisation of RM338.89 million.
2 weeks ago | Report Abuse
KUALA LUMPUR (Nov 4): The six-year dispute between Star Media Group Bhd (KL:STAR) and property developer JAKS Resources Bhd (KL:JAKS) over the development of a parcel of land in Section 13, Petaling Jaya, which started in 2018, has come to an end, with both parties inking an agreement to settle the issue.
With the settlement agreement, the parties have agreed to withdraw legal proceedings and any counter claim against each other, with no liberty to file afresh. Star Media will also be allowed to recognise the bank guarantee of RM50 million it called in February 2018 as "other income".
"Hence, the settlement agreement is expected to have a positive impact on the earnings, earnings per share (EPS) and net assets (NA) per share of the company for the financial year ending Dec 31, 2024. The impact to the EPS (earnings per share) and NA (net asset) per share is estimated to be approximately RM0.07," Star Media said in a filing with Bursa Malaysia on Monday.
The legal dispute, which started six years ago, centred on the divestment of the land by Star Media to JAKS Resources in 2011, in return for JAKS Resources building a 15-storey office tower for Star Media on the site.
JAKS Resources’ unit JAKS Island Circle Sdn Bhd (JIC) also provided a RM50 million bank guarantee to assure the completion and delivery of the office tower. On top of that, JAKS provided its own corporate guarantee in favour of Star Media. However, JAKS Resources allegedly faced significant delays, missing the delivery deadline by 28 months.
In 2018, Star Media demanded the bank guarantee, asserting that JIC had failed to fulfill its delivery obligations, a claim JAKS disputed. Nevertheless, JAKS released the bank guarantee to Star Media in January 2019.
Despite this, Star Media initiated legal action on April 30, 2019, alleging that JAKS Resources had not met its obligations under the corporate guarantee for JIC to deliver the office tower. Star Media sought RM134.5 million as the remaining purchase price of the land, in addition to RM43.22 million in late payment interest.
In response, JAKS filed a counterclaim for the return of the RM50 million bank guarantee, along with RM248.24 million in liquidated damages, and RM297.04 million for loss of proceeds from a corporate fundraising exercise, which it argued were adversely impacted by Star Media's lawsuit.
The High Court in August 2020 partly allowed Star Media's summary judgment application in respect of the corporate guarantee claim against JAKS Resources, ruling that the company be paid the RM134.5 million balance of the purchase price of the land and the late payment interest at a rate of 8% per annum, from Oct 25, 2025 to July 6, 2020.
However, this summary judgement was set aside by the Court of Appeal in 2021, who ordered the matter be sent back to trial at the High Court. The Federal Court then dismissed Star Media's appeal against that decision and upheld the appellate court's order.
Shares of Star Media closed 0.5 sen lower, or 1.20%, at 41 sen on Monday, for a market capitalisation of RM299.21 million. JAKS Resources, meanwhile, closed unchanged at 13 sen with a market capitalisation of RM338.89 million.
2 weeks ago | Report Abuse
Haha what Sarawak Gov on Hybrid Rice policy.. giving more Support ke ?
Haha don’t play play with Sarawak govt le .. especially after the royalty of Sarawak oil !
What is the royalty of Sarawak oil?
From 5% of gross value previously, the state's oil royalty now includes 20% of net profit from its oil-producing activities. Sarawak's relationship with Petronas has not been on the best of terms since the state started looking at reclaiming its rights over its hydrocarbon deposits under MA63.
Sarawak minister confirms Petronas-Petros talks ongoing
By Mohd Roji Kawi
November 1, 2024 @ 8:02pm
—
,👉 Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.
2 weeks ago | Report Abuse
Haha ya lo China buy more CPO for cooking reserve …
Sarawak govt need more Hybrid rice … own supply own support the ppl demand is long term solution by Own Cultivation!
Why only identified Pulau Bruit is suitable for Hybrid Rice cultivation on February 2024 ! There is an urgent demand n foreseen coming risk !
👉 Pulau Bruit land is identified suitable for Hybrid Rice cultivation on 2024 … announced by UKAS , in line with Sarawak government vision to support Sarawak rice demand by own cultivation ( currently 34 % ) . Even to rivalling Kedah which supply 40 % Rice demand in Malaysia
See Sarawak oredi took action on :
Sarawak losing wood market share to Indonesia, WTK says
BUSINESS
Tuesday, 09 Jun 2020
KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries.
According to WTK HOLDINGS BHD
,👉 Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.
—-
Posted by pang72 > 1 hour ago | Report Abuse
Hopefully pmx brings more cpo order from China, I assume he will do that...
China need cooking reserve to standby uncertainty of geopolitical issues escalating
2 weeks ago | Report Abuse
Haha like WTK Directors family internal legal suit over years ke … not that serious la …
👉The Acquisition will afford the Company a controlling interest in WHD which owns the said Land. This will ensure security of tenure for future replanting at the Land instead of relying on the JVA which may be subject to changes at any time.
2 weeks ago | Report Abuse
The rational of acquiring WHD is to expand the total oil palm plantation land bank directly owned by our Group.
Since Erajaya has jointly developed the Land with WHD and invested significantly in infrastructure, it would also be more cost effective for the Group to undertake future replanting on the said Land.
👉The Acquisition will afford the Company a controlling interest in WHD which owns the said Land. This will ensure security of tenure for future replanting at the Land instead of relying on the JVA which may be subject to changes at any time.
WHD owns the Land which has been developed into oil palm plantation by Erajaya. WHD derives its revenue from the share of FFB sales premium with Erajaya on the basis of monthly production volume of FFB produced from the Land.
2 weeks ago | Report Abuse
Haha luckily I see this ,if not Konartist sslleee will said r u blind again !
FY23 WHD is a JV / Associate company.. less than 51% shares .. So Revenue n Profit is not recorded in Operating activities.. But FY24 is a 55 % Subsidiary.. Revenue n Profit is Recorded!
So still concerned on Old Trees n Replanting issues!
—
Haha konartist sslleee why so mad n Tikuss mata or high iq in Kon maths , low iq in arithmetic!🤣🤔:
> FFB output/ planted area :
FY22 : 10.60
FY23 : 13.56
FY24 : 16.85
Compared to my earlier post :
FY2023 FFB : 943,924 MT
FY23 yield per prime mature / hectare = 18.64 MT / hectare
( 943,924 / 69,589 = 13.56 , old tree ? 🌴)
——
Posted by Sslee > 30 minutes ago | Report Abuse
Mike-tikus are you blind?
FFB production:
30-Jun-2022(Actual)
30-Jun-2023(Actual)
30-Jun-2024(Actual)
30-Jun-2025(Budget)
Planted area (ha) 69,589 69,589 68,569 67,449
Immature (%)(<4 years)0.0% 0.0% 0.0% 0.0%
Young mature (%)(4-7 years)3.1% 0.0% 0.0% 0.0%
Prime mature (%)(>7 years)96.9% 100.0% 100.0% 100.0%
FFB production (MT) 737,723 943,924 1,155,478 1,211,852
FFB yield 10.6 13.6 16.6 17.8
Lower FFB output in FY22 due to disruption in operation
brought about by pandemic
2 weeks ago | Report Abuse
We are committed in our reforestation activity, but it is a common challenge in the reforestation industry where planting progress has been adversely impacted by labour shortage and the movement restriction caused by the prolonged pandemic. We will seek and work with the authority concerned pertaining to the extension of the completion deadline.
2 weeks ago | Report Abuse
Haha another hidden risk on Log n Timber :
Under the reforestation sector, the Group is currently managing a total reforestation area of 120,395 hectares. Out of the 75,622 hectares of plantable area, 39,145 hectares in total had been planted up till the closing of FY2023 (FY2022: 35,655 hectares). (page 11 of AR2023)
(a) How many hectares of forest plantations does the Group target to plant for financial year ending 2024?
(b) The Group’s commitment to aggressively develop its forest plantations remains to be the ultimate priority in the Group’s pursuit to fully plant by the year 2025 with fast- growing tree species such as Eucalyptus Pellita, Eucalyptus Deglupta (Kamarere), Albizia Falcataria (Batai) and Kelampayan not just for sustainable log supply but also to conserve the forest. (page 12 of AR2023)
Given that the Group had only planted 3,490 ha for FY2023, is the target to develop the remaining forest plantations, i.e. 36,477 hectares to fully plant by the year 2025, achievable?
Our target for financial year ending 2024 is to plant 6000ha.
We are committed in our reforestation activity, but it is a common challenge in the reforestation industry where planting progress has been adversely impacted by labour shortage and the movement restriction caused by the prolonged pandemic. We will seek and work with the authority concerned pertaining to the extension of the completion deadline.
Log sales dropped 27%, contributing 7% to the Group’s total revenue, with a loss before tax of RM19.9 million (page 13 of AR2023).
India remained the Group’s largest buyer in FY2023, constituting 84% of the Group’s logs export market. While Japan constituting 16% (page 14 of AR2023)
The recent 5 May 2023 Ishikawa Prefecture, Japan earthquake - Does the Group expect demand for logs from Japanese buyer to be higher, for financial year ending 2024? If yes, to what extend?
No, the recent 5 May 2023 Ishikawa Prefecture, Japan earthquake did not trigger a spike in the demand for tropical logs, thus we do not expect demand from Japan to increase for financial year ending 2024.
2 weeks ago | Report Abuse
Sarawak losing wood market share to Indonesia, WTK says
BUSINESS
Tuesday, 09 Jun 2020
KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries.
According to WTK HOLDINGS BHD
, Indonesia and other Asean countries have competitive edge over Sarawak because of favourable policies and strong government support they have received.
2 weeks ago | Report Abuse
Haha I had debated WTK against Calvin on 2019 …might look into WTK if the Directors Family internal legal suit is Over ? Dragged for many years oredi .. recalled is ard 5 years on 2019 !
WTK :
Current Ratio 2.05
Debt-Equity (DE) Ratio 0.87
FCF Yield 3.53 %
Revenue QoQ 9.68 %
Revenue YoY 29.62%
Profit QoQ -80.75 %
Profit YoY -90.6 %
Profit Margin (Sector Median: 0.3) -2.26 %
ROE (ROIC: -0.53) -0.63 %
Dividend Per Share (DPS) 1.5 sen
Dividend Yield (DY) 3.0 %
2 weeks ago | Report Abuse
Haha konartist sslleee u unloading ke .. like in Insas case ..promoted with ROI competition “ Trap “ on June 2023 , invited Sifu Sifu to participate… then Free yrself from Trapped High !
2 weeks ago | Report Abuse
Haha konartist sslleee will it be like THplant case on 2020 : want to sell land to Tamaco , dragged more than 1 year but is failed due to non Bumi company, then made arrangements with Vendor on FFB upfront payment.. ( finally the Land is sold to TDM ) ..
In this case Vendor price is expected to be Lower …
What is 55 % WHD on premium payable ???
—
Posted by Mikecyc > 32 minutes ago | Report Abuse
Haha konartist sslleee .. what is premium payable ? Upfront with higher price ??
—-
Posted by Mikecyc > 1 hour ago | Report Abuse
👉Jaya Tiasa has obtained an annual shareholders’ mandate to engage in recurrent related party transactions with WHD, specifically pertaining to the 👉 premium payable by Erajaya to WHD for fresh fruit bunch sales.
2 weeks ago | Report Abuse
Haha no wander Rsawit n SuburTiasa same with Jtiasa under RH group are loss making in Timber n Plantation!
2 weeks ago | Report Abuse
Haha konartist sslleee .. what is premium payable ? Upfront with higher price ??
—-
Posted by Mikecyc > 1 hour ago | Report Abuse
👉Jaya Tiasa has obtained an annual shareholders’ mandate to engage in recurrent related party transactions with WHD, specifically pertaining to the 👉 premium payable by Erajaya to WHD for fresh fruit bunch sales.
2 weeks ago | Report Abuse
Haha alamak not only those plantation certified with RSPO ( like Sime plant ) can export to EU after 2025 but Jtiasa is certified with MPSO …
EU plan to phase out palm oil in transport fuel by 2030 !
—-
However, the European Commission's plan to phase out palm oil in transport fuel by 2030 could reduce the size of this market for Malaysian palm oil.
2 weeks ago | Report Abuse
Malaysia's top three export destinations for palm oil are India, China, and the European Union:
* India
In 2022, India was Malaysia's top export market for palm oil, with exports of around 2.9 million metric tons.
* China
In 2022, China was Malaysia's second largest export market for palm oil, with exports of around 1.69 million metric tons.
* European Union
In 2022, the European Union was Malaysia's third largest export market for palm oil, with exports of around 1.22 million metric tons.
Together, these three countries receive almost two-thirds of Malaysia's palm oil exports. However, the European Commission's plan to phase out palm oil in transport fuel by 2030 could reduce the size of this market for Malaysian palm oil.
2 weeks ago | Report Abuse
Haha konartist sslleee why so mad n Tikuss mata or high iq in Kon maths , low iq in arithmetic!🤣🤔:
> FFB output/ planted area :
FY22 : 10.60
FY23 : 13.56
FY24 : 16.85
Compared to my earlier post :
FY2023 FFB : 943,924 MT
FY23 yield per prime mature / hectare = 18.64 MT / hectare
( 943,924 / 69,589 = 13.56 , old tree ? 🌴)
——
Posted by Sslee > 30 minutes ago | Report Abuse
Mike-tikus are you blind?
FFB production:
30-Jun-2022(Actual)
30-Jun-2023(Actual)
30-Jun-2024(Actual)
30-Jun-2025(Budget)
Planted area (ha) 69,589 69,589 68,569 67,449
Immature (%)(<4 years)0.0% 0.0% 0.0% 0.0%
Young mature (%)(4-7 years)3.1% 0.0% 0.0% 0.0%
Prime mature (%)(>7 years)96.9% 100.0% 100.0% 100.0%
FFB production (MT) 737,723 943,924 1,155,478 1,211,852
FFB yield 10.6 13.6 16.6 17.8
Lower FFB output in FY22 due to disruption in operation
brought about by pandemic
2 weeks ago | Report Abuse
Haha why so Less on Production Output on planted area ??
Posted by Mikecyc > 22 minutes ago | Report Abuse
Haha Repost :
Palm oil planting area vs Production Output in MT :
👉Jtiasa :
Planted Area : 69,589 hectares
FY2023 FFB : 943,924 MT
FY23 yield per prime mature / hectare = 18.64 MT / hectare
( 943,924 / 69,589 = 13.56 , old tree ? 🌴)
2 weeks ago | Report Abuse
👉Jaya Tiasa has obtained an annual shareholders’ mandate to engage in recurrent related party transactions with WHD, specifically pertaining to the 👉 premium payable by Erajaya to WHD for fresh fruit bunch sales.
Lagi lagi teruk … nampak tak Sslleee Tikuss mata :
👉Under the agreement, Jaya Tiasa will purchase a 25% stake from Tiong Toh Siong Holdings Sdn Bhd, 18% from Tiong Toh Siong Enterprises Sdn Bhd, and 12% from Knightbridge Venture Sdn Bhd.
The transaction is classified as a related party deal due to the involvement of certain directors and Tan Sri Tiong Hiew King, a major shareholder in Jaya Tiasa.
2 weeks ago | Report Abuse
Haha no worries.. no replanting to save money .. Shl be more dividend payout ?? Then can be use for Hybrid Rice cultivation!👍
2 weeks ago | Report Abuse
Jtiasa
Rented Land Area : 52,880 hectares ( 76 % of planted area ) is 16 years old in FYE2024… need to start replanting soon ke ..
Haha interesting le , 👉referring to Annual Report FYE2023 :
Top 10 List of Properties Owned :
1.) Pulau Bruit , Bruit Land District
👉Tenure : Rented land
Existing use : Oil Palm estate, CPO mill , Building & Quarter
👉Area : 52,880 hectares ( 76 % of planted are ) .
Approximate age of building: 15 years
2 weeks ago | Report Abuse
Haha no worries.. bought WHD 55 % .. can use the cash for Replanting due to the related parties JV since 2004 need money for replanting!
2 weeks ago | Report Abuse
Haha Repost :
Palm oil planting area vs Production Output in MT :
👉Jtiasa :
Planted Area : 69,589 hectares
FY2023 FFB : 943,924 MT
FY23 yield per prime mature / hectare = 18.64 MT / hectare
( 943,924 / 69,589 = 13.56 , old tree ? 🌴)
2 weeks ago | Report Abuse
Haha blowerPang7 pls blow harder le with facts n figures to support le…
2 weeks ago | Report Abuse
Haha Indonesia oredi lack of funding in new capital city IKN …
B40 to B50 Shl used additional how many tons of CPO ?? There is an Indonesia article oredi announced!
2 weeks ago | Report Abuse
Haha as posted earlier.. Let’s see B40 is implemented by January 2025 …
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Posted by Seeking > 3 minutes ago | Report Abuse
Mike, no need to export so much. Use for biofuel enough. B50 coming.
2 weeks ago | Report Abuse
2.) Indonesia is the world's largest exporter of palm oil. In 2023, its total palm oil exports amounted to 27.5 million metric tons, indicating a slight increase from the previous year.
4.) Indonesia, the world's largest palm oil producer, likely consumed 11.9 million mt, or 26.6% of its total production, of the vegetable oil as a biodiesel feedstock in the marketing year 2022-23 (October-September), according to a US Foreign Agricultural Service report released August 2023.
For MY 2023-24, the agency expects Indonesia's industrial use of its palm oil supply to rise to 12.7 million mt, or 27.6% of its production for the year.
2 weeks ago | Report Abuse
Haha blowerPang7 .. Income got how many wiffeyy??🤣🤔
2 weeks ago | Report Abuse
Haha luckily EUDR is delayed to 2025 …Indonesia export to EU ( 10 % ) shl sell to which country ???
2 weeks ago | Report Abuse
3.) In 2013, India (29% of exports) and the EU (17% of exports) were the biggest importers of Indonesian palm oil. By 2022, exports to India (12%) and the EU (10%) had declined, and China had become the largest importer of Indonesian palm oil, increasing its market share from 11% of exports in 2013 to 14% in 2022.
2 weeks ago | Report Abuse
Haha BlowerPang7 need to blow harder le to be up above RM 1.31 le ..
Btw whom promoted YTLpower First : BlowerPang7 or OTB promoted at RM 1.10 ?
2 weeks ago | Report Abuse
Haha konartist Ssllee no more support yr idol Conartist Callvin in TSH ke … yr idol Calvin is mentally desperate liaw .. from Indonesia IKN land sale to Data Center n Solar Farm …🤣🤣🤣
2 weeks ago | Report Abuse
Haha as said let see LSS5 2000 MW EPCC RM 7.2 billion tender award to be started announcing on November 2024 …
Stock: [JTIASA]: JAYA TIASA HOLDINGS BHD
2 weeks ago | Report Abuse
Haha after Pacific Towers is free from Legal trial …
Hoho interesting lo , if can monetise the property segment assets :
a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.
b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.
👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.
👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.