Aiyoyo Mike-tikus
Not dare to answer Philip's question?
How many million shares of Jaks are you currently holding?

Then may I ask how many units of Scicom shares are you currently holding?

I show-off a bit my dividend for this year already more than 200k.
How about you Mike-tikus?

So Mike-tikus when only you dare to answer Philip's question?
How many million shares of Jaks are you currently holding?

Your sifu 3iii posted below on jaks:
FCF (69)
FCF Yield -16.71%

FINANCIAL DATA
PRICE 0.14 MYR
MARKET CAP 364.96m
EPS 0.12 sen PER 116.67 ROE 0.20%
P/b 0.24 NTA 0.590
DIV 0

Aiyoyo Mike-tikus what is the ROE of jaks?
Mikecyc Haha I am more interested on ROE for investing lo !
—-

Aiyoyo Mike-tikus do you know many of plantation land in Malalaysia and all plantation land in Sabah and Sarawak are lease hold?

So Jayatiasa is doing the right thing to rent the lease hold land?

Mike-tikus can't even different what is a proposal by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi who not even know land law is under judiciary of STATE.

Kimloong
2024 :
July. 26,503
August. 27,367
Sept. 27,464
Total = 81,334. ( + 30.8 % vs 2019)

Jayatiasa
July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183
Total = 343,397 ( - 19.4 % vs 2019 )

Mike-tikus Jayatiasa FFB production is 343,397/81,334= 4.22.
So am I right to say jayatiasa FFB production is 4.22 times higher than Kimloong?

So in year to come will jayatiasa acquire the rest of the rented land?

Again Mike-tikus no facts and figures.

Pulau Bruit Lot 108, Block 14 Bruit Land District Leasehold land expiring on 18.05.2064
Oil Palm Estate, Building & Quarter 5,967.1 hectares 16 years 5,998
29/Aug/2023

Date of Acquisition 29/Aug/2023

Is jayatiasa with Budget FYE2025 FFB production 1,211,852 MT not good enough?

How many mid-size plantations in Malaysia able to get FFB per year of over Million?

Can you find me a plantation stock value at market cap 1,217 million with FFB production of over a million?

Market Cap: 1,217 Million
NOSH: 974 Million

So what is jayatiasa FFP output compare with inno and kimloong?

Mike-tikus isn't it a fact jaks do not have money to take on any more project.
How sure are you on jaks getting LSS5 and how jaks going to finance it?
Unless jaks asking more money from investors or shareholders with PP or RI.

Aiyoyo Mike-tikus,
Jayatiasa out of total plantation land 83,483 Ha 46,880 Ha is rented land you already make so much fuss and now you recommend Inno with all rented land?

Kimlooong is OK with limited plantation land but the price already too high.

Jayatiasa price should caught up with better dividend moving forward

Aiyoyo Mike-tikus, why sell jayatiasa when CPO price is in an uptrend?
If sell jayatiasa then buy what? Buy Jaks?

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

Posted by Mikecyc > Nov 3, 2024 4:39 PM | Report Abuse
oredi said QR ended September 2024 shl be higher then previous QR .. is an Opportunity for unloading ke ???

By the way Mike-tikus can't you stop cut and paste financial data from your unreliable pasar malam source but go and read the financial report.

You need realible source (financial report) to do 3 own and not just cut and paste from pasar malam source.
Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

Aiyoyo Mike-tikus no facts and figures again.
Since when did I promote Xingquan?

By the way Philip did promote Serbadk with his blog.

Aiyoyo,
Mike-tikus jayatiasa is so simple just monitor the FFB production and MPOB spot price and you should know what will be next quearter profit look like.

Quarter ended 30/9/2024
Crude Palm Oil (MT) 69,463.00
Fresh Fruits Bunches (MT) 343,397.00
Palm Kernel (MT) 15,878.00

So can expect the quarter end 30/9/2024 plantation
EBITDA of at least: RM 358.41 X 343,397 = RM 123,076,918

Quarter ended 30/9/2023 CPO price: RM 3732
Quarter ended 31/12/2023 CPO price: RM 3616
Quarter ended 31/3/2024 CPO price: RM 3838
Quarter ended 30/6/2024 CPO price: RM 4026

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

Budget FYE2025 FFB production 1,211,852 MT

Jayatiasa plantation EBITDA for FYE 30/6/2024 is RM 414 million.
FFB production: 1,155,478 MT
Or CPO 228,631MT + PK 52,399MT

Plantation Revenue per MT FFB = 957,886,000/1,155,478 = RM 829.00
EBITDA per MT FFB= 414,132,000/1,155,478= RM 358.41
Direct cost = 829-358 = RM 470.59 per MT FFB

Segmental Information
The financial information in respect of the Group’s business segments for the current financial year
ended 30 June 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 957,886 56,589 1,317 1,015,792
Inter segment 720,949 83,663 3,320 (807,932) -
Total Revenue 1,678,835 140,252 4,637 (807,932) 1,015,792
EBITDA 414,132 (20,520) (1,598) - 392,014
Finance cost (9,998) (8,352) (111) - (18,461)
Depreciation and amortisation (125,588) (10,067) (2,051) - (137,706)
Segmental result 278,546 (38,939) (3,760) - 235,847
Group admin and overhead cost (27,064)
Other expenses (2,190)
Profit before tax 206,593

Aiyoyo Mike-tikus must be copy and paste from Pasar malam punya source.
SGD
FCF Yield -0.3 %?????

你知不知道 你知不知道 我等到花兒也謝了

If CPO price can hold at this level then quarter ended 31/12/2024 will be another fantastic quarter.

But for jaks quarter ended 31/12/2024 will be as usual multi-million in impairment of receivables.

Rrpost from Yinson forum
Mike-tikus,
Yinson EBITDA is expected to reach about USD 1 billion annually from 2026.

Free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates

Mike-tikus you better sell your jaks and buy Yinson.
Yinson FCF USD 200 – USD 300 million 2026 onward while you need to wait till 2030 for jaks FCF to turn positive

Thinking is not enough you need to put your thought into calculation or paper to get a clearly picture.

Only loser or those cannot perform or did not perform will quote below in the self fallacy if you wait long enough your stocks will start to perform.
“The big money is not in the buying and the selling, but in the waiting.”

Mike-tikus just name-dropping 3i to seek attention and creditability.

Mr. Market often acts as a Manic-Depressive not very true. Mr.Market is actually acting on market supply and demand imbalance.

Many if not all industries/stocks are cyclical in nature with their up and down cycle. Thus timing the cycle is very inportant if you aim to outperform the market.

If you are at rich as Philip then no worry you can continues average down your cost at the down cycle and if you do that long enough then for sure the up cycle will come one day and your stocks start to perform again

But for many of us that is not so rich and can't afford to continues average down while waiting for the up cycle then knowing the market supply and demand imbalance condition will stand you a good chance of buying low and selling high.

By the way Philip Pchem is now on the down cycle ie supply growth outpace the demand growth.

Mike-tikus/John-pig still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Aiyoyo,
It mean Mike-tikus or John-pig.

Me had been trading jaks for my free bintang beer many time only Mike-tikus or John-pig pasar malam TA told him jaks 18 floor is bottom and thus buy all the way up to 24 floor. Now trapped for one and a half year and had to go every forum to promote jaks 24/7/365 non-stop to no avail.

So now no more facts and figures only slander Mike-tikus or John-pig?

Jaks
Period End Year End
30-Jun-2024 31-Dec-2023
RM'000 RM'000
Current Assets
Inventories 483 483
Contract assets 92,236 102,030
Trade and Other Receivables 421,135 417,625
Amount due from Joint Venture 10,291 10,291
Deposits placed with licensed banks 12,074 22,222
Cash and bank balances 31,955 41,803
568,174 594,454

Current Liabilities
Trade and Other Payables 457,827 476,105
Bank borrowings 59,894 68,200
Bank overdraft 5,877 5,911 -
523,598 550,216

With negative cashflow from operating activitives and year end impairment lose of receivables and contract assets.
Can jaks repay the current bank borrowing of RM 59,894,000?
More PP or RI coming?

Aiyoyo Mike-tikus untill now still do not know jaks operating cashflow is negative and need to depend on free money from investors or shareholders with yearly PP or RI for working capital and loans repayment.

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Mike-tikus,
EBITDA is expected to reach about USD 1 billion annually from 2026.

Free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates

Mike-tikus you better sell your jaks and buy Yinson.
Yinson FCF USD 200 – USD 300 million 2026 onward while you need to wait till 2030 for jaks FCF to turn positive

1. LAU CHUAN HOOI
May I know, what is the company's future outlook? Will the board consider giving door gifts as a token of appreciation?
Reply:
Yinson is optimistic about its direction. The FPSO market is thriving, with 12 new FPSO awards annually. To make a project successful, the company needs to know the outlook of projects available and have a suitable project team. Despite the capital-intensive nature of the business, Yinson successfully funds all its projects. Yinson also manages to tap into the private capital and bonds markets. With the FPSO Agogo project set for delivery by end-2025, EBITDA is expected to reach about USD 1 billion annually from 2026. Yinson is very optimistic about the outlook of the business growth and also the ability to pay shareholders dividends on a quarterly basis which Yinson started last quarter.

2. CHUA SONG YUN
Given the aggressive expansion, the nature of front-loaded costs for FPSOs, complex finance lease
accounting, and substantial negative operating cash flow due to new FPSO constructions, the market and shareholders may find it difficult to understand Yinson's value. With FPSO Atlanta, FPSO Maria Quitéria, and FPSO Agogo set to commence their charter periods in the next year or two, assuming no new FPSOs are added, could management present the projected free cash flow expected from the FPSO segment over the next 10 years? This would help shareholders better appreciate the company's value.

Reply:
Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates.

Referring to Yinson Bhd's FY2025 Q1 results, could management explain in detail the financial treatments
that have led some analysts to comment:
I. "Using financial tools to boost equity returns…"
II. "Stripping off RM 151 million EPCIC earnings to arrive at core profits…"
III. "IFRS accounting distortion is growing alongside its leverage…"
Reply:
Yinson has clarified the interpretation of the analysts. First of all, financial tools do boost equity returns. Every time Yinson refinances instead of getting equity much later, especially for non-recourse debt, Yinson brings back its returns earlier. When you bring cash flows earlier, financially your NPV goes up. It is not a financial tool, rather it is called “refinancing”. Refinancing allows Yinson to bring cash flows back to shareholders earlier, and to de-risk the project because it is non-recourse. It improves free cash flow, and that is how Yinson recycles its capital.

From the follow-up article, it mentioned how Yinson recycles capital. If you were to look at core profits and EPCIC returns, you would need to strip off the revenues and the profits from EPCIC and add back the interest incurred for the EPC. Yinson’s business model is EPCIC, Lease and Operate, where the finance lease accounting treatment based on IFRS has led to some distortion. Yinson will present operating lease accounting numbers alongside IFRS accounting numbers from next year onwards. This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective. IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

Repost:
Mike-tikus again name-dropping without even able to prove it for attention seeking.

He must be high on drug to even suggest I approached him 1st in Next on 2020.

Still selective FFB production july-sept.
When you can have the whole year history:

FFB production (MT)

31,864 61,747 99,858 180,684 359,100 604,836 666,899 766,467 740,013 931,745 1,009,445 1,069,340 1,095,575 1,111,298 861,766 737,723 943,924 1,155,478
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
Lower FFB output in FY 21 & FY22 due to disruption in operation brought about by covid-19 pandemic

FY25 budget: 1,211,852

Mike-tikus can't debate with facts and figures and now only way is to slander and telling lies

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Note:
Quarter ended 30/9/2023 CPO price: RM 3732
Quarter ended 31/12/2023 CPO price: RM 3616
Quarter ended 31/3/2024 CPO price: RM 3838
Quarter ended 30/6/2024 CPO price: RM 4026

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

So imagine if CPO price can hold what will be the NP and operating cash flow for FYE 2025?

Quarter ended 30/9/2024
Crude Palm Oil (MT) 69,463.00
Fresh Fruits Bunches (MT) 343,397.00 Palm Kernel (MT) 15,878.00

So can expect the quarter end 30/9/2024 plantation
EBITDA of at least: RM 358.41 X 343,397 = RM 123,076,918

Any reason/reasons why should I answer any of your inconsequential question/questions on jayatiasa when Jayatiasa management already give below figures and facts:

As for you still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Budget FYE2025 FFB production 1,211,852 MT

Jayatiasa plantation EBITDA for FYE 30/6/2024 is RM 414 million.
FFB production: 1,155,478 MT
Or CPO 228,631MT + PK 52,399MT

Plantation Revenue per MT FFB = 957,886,000/1,155,478 = RM 829.00
EBITDA per MT FFB= 414,132,000/1,155,478= RM 358.41
Direct cost = 829-358 = RM 470.59 per MT FFB

Segmental Information
The financial information in respect of the Group’s business segments for the current financial year
ended 30 June 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 957,886 56,589 1,317 1,015,792
Inter segment 720,949 83,663 3,320 (807,932) -
Total Revenue 1,678,835 140,252 4,637 (807,932) 1,015,792
EBITDA 414,132 (20,520) (1,598) - 392,014
Finance cost (9,998) (8,352) (111) - (18,461)
Depreciation and amortisation (125,588) (10,067) (2,051) - (137,706)
Segmental result 278,546 (38,939) (3,760) - 235,847
Group admin and overhead cost (27,064)
Other expenses (2,190)
Profit before tax 206,593

Again and again Mike-tikus prove himself to be the biggest liar in i3 with and IQ of a tikus.

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Mike-tikus again name-dropping without even able to prove it for attention seeking.

He must be high on drug to even suggest I approached him 1st in Next on 2020.

Repost:
Area Statement as at Jun 2024
Plantation Land Area(Ha)
Plantable Area (Ha)
Planted / Mature(Ha)
Area cleared for replanting(Ha)
Simalau Plantation 5,003 4,866 3,846 1,020
Hariyama Plantation 10,600 9,645 9,645 -
Wealth Houses Plantation 6,000 5,757 5,757 -
Lepah Plantation 5,149 4,099 4,099 -
Daro Plantation 11,681 9,841 9,841 -
Eastern Eden Plantation 10,000 8,580 8,580 -
Poh Zhen Plantation 5,000 2,933 2,933 -
Sawai Plantation 6,050 5,448 5,448 -
Lassa Plantation 21,300 16,287 16,287 -
Kabang Plantation 2,700 2,133 2,133 -
Total 83,483 69,589 68,569 1,020

Tge facts and figures below:

FYE2024
Jayatiasa plantation on rented land
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700
Totsl 46,880

FYE 2023
Wealth Houses Plantation 6,000
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700
Totsl 52,880

6,000 ha replanting will cost RM 44 million over 3 years period.
So per ha 44,000,000/6000 = RM 7,333 per Ha

Eventually all plantation need to replant every 25 years cycle.
And with high yield planting material the productivity will increase.

Again Mike-tikus caught talking from his asss with no facts and figures.


Jtiasa recently QR showed that there is Leased Land being Terminated??
Can he back up above with figures and facts?

Wait for next quarter result out. Should be not very good quarter due to depreciation of USD against RM. Will have foreign exchange losses because sell in USD cost in RM. And Pengerang complex, recognising finance and depreciation costs.

By March 25 what will be jaks price when Q4 ended 31/12/2024 big red red with impairment of receivables?

By March 2025 when two outstanding quarter ended 30/9/2024 and quarter ended 31/12/2024 was announced what will be jayatiasa price then?

Variable lease payments based on FFB produced
Some leases of the Group under plantation sector contain variable lease payments that are based on
FFB produced for the lease of land. Variable lease payments for the financial year ended 30 June were as follows:

2024 2023
RM’000 RM’000
Leases with lease payment based on FFB produced 9,748 6,463

You can lease land from Sarawak state or private land owner to plant palm oil and pay rental based on FFB havested from the rented land.

Why Mike-tikus is so stupiiiiid?
If you bought over the rentend land from the land owner what will happen then?

Don't tell me Mike-tikus with IQ of tikus cannot think?

Tepost:
Mike-tikus can't you read?

Posted by Sslee > Nov 1, 2024 6:12 AM | Report Abuse X
FFB production (MT)

31,864 61,747 99,858 180,684 359,100 604,836 666,899 766,467 740,013 931,745 1,009,445 1,069,340 1,095,575 1,111,298 861,766 737,723 943,924 1,155,478
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
Lower FFB output in FY 21 & FY22 due to disruption in operation brought about by covid-19 pandemic
FY25 budget: 1,211,852

Plantation (Ha) under rented land
Lepah Plantation:5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation:2,700
46,880

Area Statement as at Jun 2024
Plantation Land Area(Ha)
Plantable Area (Ha)
Planted / Mature(Ha)
Area cleared for replanting(Ha)
Simalau Plantation 5,003 4,866 3,846 1,020
Hariyama Plantation 10,600 9,645 9,645 -
Wealth Houses Plantation 6,000 5,757 5,757 -
Lepah Plantation 5,149 4,099 4,099 -
Daro Plantation 11,681 9,841 9,841 -
Eastern Eden Plantation 10,000 8,580 8,580 -
Poh Zhen Plantation 5,000 2,933 2,933 -
Sawai Plantation 6,050 5,448 5,448 -
Lassa Plantation 21,300 16,287 16,287 -
Kabang Plantation 2,700 2,133 2,133 -
Total 83,483 69,589 68,569 1,020

Out of total plantation land 83,483 Ha 46,880 Ha is rented land.
FY24 1,020 (Ha) in Simalau plantation was cleared for replanting

The coming AGM I will ask:
1. BOD who is/are the land owner of rented plantation land and the rental payment for:
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700

2. BOD 1,020 (Ha) in Simalau plantation was cleared for replanting may I know what will be the replanting cost in year 1, 2 and 3 per Ha?

3.BOD what will be budgeted replanting (Ha) for FY 25, 26, 27, 28 and FY29?

4. BOD fertiliser is one of the main cost for plantation, what were the amt of fertiliser and total cost used in FY 22, 23, 24 and buget for FY25, 26 and 27?

Will Mike-tikus dare to buy 100 units of Jayatiasa and post his questions to BOD in the coming AGM rather then posted his misinformation or selected/faked figures and facts on Jayatiasa in i3forum?

Again proven Mike-tikus only know how to cut and paste without knowing what he paste.
Wealth Houses Plantation 6,000 (Ha)

KUALA LUMPUR (July 4): Jaya Tiasa Holdings Bhd is acquiring 825,000 shares or a 55% stake in Wealth Houses Development Sdn Bhd (WHD) for RM52.25 million