Hoho Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder ard 14 % , after Uncle K intention to take over with 30 % on 2017/2018 ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.


B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉( Note : Loss is due to Depreciation.)



C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .

CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS details is expected to be announced in September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .

800 MW CGPP winners even can sell RE electricity cross border.



D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ….. Land : 1730 acres in Terengganu is leased from TDM .


E.) CAGR : 3Y + 29.9 % TTM + 28.4 %

Hoho don’t play play with Sarawak Premier le :

Sarawak seeks to become Malaysia’s next ‘rice bowl’, rivalling Kedah.

Sarawak imposed the lowest Sale Tax 5 % on the price of CPO … Sabah is 7.5 % .

Hoho 2 hidden risk :

1.) Is rented land going to be Sawah Padi land !!!

2.) As the company said Palm trees average 14 years … seems is from rented land ( 15 years ) :

👉Area : 52,880 hectares ie : 76 % of planted land .

What is the Replanting cost ?

Copied n pasted partially:

财经新闻
棕油低价优势消失 短期需求前景不妙
2024年09月11日


吉隆坡11日讯）有分析员认为，随着原棕油（CPO）逐渐失去对大豆油的价格优势，未来市场竞争力存在隐忧，我国种植业将面对压力。

大众投行分析员指出，如今原棕油价格几乎和大豆油处于相同水平，因此在大豆油竞争力加强的情况下，短期内棕油的需求前景预料低迷。


“大豆油对比棕油的溢价，如今已降至零，原因是大豆油价格下滑的同时，棕油却在年初至今上涨了4.4%。相比之下，大豆油在过去12个月，对棕油的溢价曾最高达到每吨565美元（约2452令吉）。”

除了需求走弱，该分析员同时称，令吉走强、气候因素和产量上涨，都是种植业面对的风险。

鼎峰证券分析员认同，在价格优势消失和令吉走强的影响下，棕油的市场需求将下滑，出口表现预料受到打击。

Referred to QR ended June 2024 :


a) Financial assets

Trade and other receivables 42,883,000

Cash n balances/ equivalents 283,037,000


total = 325,920,000

b) Financial liabilities

Loans and borrowings 194,229,000


Trade and other payables 84,278,000

Lease liabilities -

total = 278,507,000


a) - b ) = 47,413,000







——-

Referred to QR ended March 2024 :


a) Financial assets

Trade and other receivables 54,876,000

Cash and bank balances 270,371,000


total = 325,347,000

b) Financial liabilities

Loans and borrowings 242,160,000


Trade and other payables 81,569,000

Lease liabilities -

total = 323,729,000


a) - b ) = 1,618,000

Hoho if this is that simple on investing purely on Dividends payout … no more Guru is needed n no more investor looser .

Post removed.Why?

Hoho the promoter said he see 5 waves in Yinson ( as a Growth stock ) but did not knew the waves name ( start with E ) .

Still did not reply why Yinson keep on SBB where as EPF n KWAP keep rotating Disposed n Acquired.

As at April 2024 , oredi spend RM 369 million on 4.94 % SBB shares .


Yinson window dressing on QR ended April 2024 :

QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.


-
Yinson Loans n Borrowings:

1.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


2.) QR ended January 2024

RM 16,319 million.




Cash Rich ? No lo … as burdened with Huge debt due to the 3 New FPSO , Loans n Borrowings in USD with interest 12 % to 13.88 % )

Hoho the worst is the promoter cannot reply / understand what his selection criterias for Growth n Dividend stocks 😱

Hoho when the promoter promoting Jtiasa in Insas n Jtiasa :

I asked him on :

1.) what is Indonesia CPO export ban status?

2.) What is Indonesia biodiesel progress status ?

The promoter replied he just want to make Profit.

No wander he told lies by lies on his 1st n 2nd Only Win since investing from 2016 to 2023 …🤣🤔

Hoho Ssleee said Jtiasa is with Dividend Policy Minimum 20 % , but why FY2021 No Dividend !!! 😱

Hoho copied n posted from TSH forum ( noted as compared for years ) :

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 12 hours ago | Report Abuse
SSLee 


How to be fabulously rich? Stay with quality companies for the long term (5, 10, 15, 20 or more years). 


Compare JTiasa and KMLoong 


Look at the historical 10 or 20 years revenues and earnings. 
Which company had consistent and growing revenues and earnings? JTiasa: earnings were volatile. There were years when these were losses. Losses for a plantation stock??? 


Which company had rewarded its shareholders more over the last 10 years? Look at the price charts of these 2 companies. 
Why are their price charts so different? Which would you have preferred, on hindsight? :-) 


Have a great investing philosophy and stay within it. I never invest for the short term (very rarely).

Hoho no la , OTB is ok if posted facts n figures. Ssleee is so jealous le during I am promoted Hiaptek together with OTB .. tried to mislead the promoter .

Hoho oh as posted in YTLpower, Point 3 ( Swing Swing Swing range ) Shl not be over RM 4.60 …

Hoho YTLpower ? Oredi given my Negative facts n figures study …

And chun chun on my Point 1 ( Peak Range ) , Point 2 ( Slide down , as said not in YTLpower case , but slowly slide down for unloading due to FF manager large volume) , Point 3 ( swing swing swing range ) , Point 4 ( Downtrend range if dropped below RM 3.81 ) ..case study .

Hoho no worries, these r yr interesting record le , hahahaha.

Post removed.Why?

Hoho is not pure luck as I had monitored MMC business transactions on selling overseas port , bought Boustead Leisure port together with West port , with intention to consolidate Ports business for IPO .. but did not happen after 2 years ..

Just like Armada Big Boss case on privatisation then IPO again .

Hoho oh u forgotten u r so jealous until told lies by lies on yr 1st Win then another lie on MMC ( profit RM 180,000 ) which u thanks me on highlighted in Insas .

I had CutWin on Zelan ( calculated risk stock ) with MMC ( Zelan mother ) during MMC privatisation on 2021 … only made profit 100 % to 200% … Jealous le ke .. cheers .

Hoho why so sour until became Negative commentator after sold Bplant .hahaha


Oh as usual you told lies on yr 1st n Only Win since investing from 2016 to 2023 .

Hoho To be or not To be Sawah Padi land …Don’t play play with Sarawak Premier le .👍

Hoho someone is really ran out of idea , so desperate liaw … Bplant ? Really laugh live me long time ago :

1.) On Bplant :


After Lee dumb dumb hold Bplant did not sell at RM 1.20 n above , suddenly dumb dumb sold at ard RM 0.67 with Cost ard RM 0.67 ( holding since 2017 ) . The price is rebounded from RM 0.64 to RM 1.01 within 11 Days .


Lee must be amm dui liaw , became a Negative commentator in Bplant forum , saying Shl be dropped below RM 0.60 , what a joker le or sot2 le , hahahaha.


More Amm dui lee as Last Price is RM 1.57 before Privatisation delisted….

Jtiasa

Hoho 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


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


> Where as other 9 properties are with Leased Tenure until 2060 , 2064 etc .


>>👉👉Going to tanam Hybrid Rice !!!



ukas sarawak gov
https://ukas.sarawak.gov.my › pul...
Pulau Bruit Suitable to Become One of Sarawak's Hybrid Rice Cultivation Area – UKAS


20 Feb 2024 — DARO: Pulau Bruit possesses land suitable for cultivating hybrid rice due to its fertile soil conducive for agricultural activities.

UKAS : Unit Komunikasi Awam Sarawak
Jabatan Premier Sarawak
Saluran Informasi Rakyat


—-

Posted by jjohnchew > 49 minutes ago | Report Abuse


ukas sarawak gov
https://ukas.sarawak.gov.my › pul...
Pulau Bruit Suitable to Become One of Sarawak's Hybrid Rice Cultivation Area – UKAS


20 Feb 2024 — DARO: Pulau Bruit possesses land suitable for cultivating hybrid rice due to its fertile soil conducive for agricultural activities.

👉Jtiasa :

All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.

Hoho Ssleee used to be Uncle follower same as in Xingquin until delisted on September 2019 even knew is in Account Fraud.

For Jaks case , Uncle holding 30 % with intention to take over on 2017/18 … but is Fail due to margin call .

A very sad battle episode on all parties .

—-

Posted by Sslee > 45 seconds ago | Report Abuse

Did Mike-tikus know I even trade jaks during KYY pump and dump time

ukas sarawak gov
https://ukas.sarawak.gov.my › pul...
Pulau Bruit Suitable to Become One of Sarawak's Hybrid Rice Cultivation Area – UKAS


20 Feb 2024 — DARO: Pulau Bruit possesses land suitable for cultivating hybrid rice due to its fertile soil conducive for agricultural activities.

Hoho my attention in Jaks after Ssleee said sold Jaks on April 2023 since holding from 2017 …

Hoho no worries.. Jtiasa soon to be Sawah Padi land rather than Palm oil plantation land ..

Hoho still twisting n telling lies ..
Ran out of idea oredi … 🤣

—-

Posted by Sslee > 26 minutes ago | Report Abuse

Aiyoyo
Mike-tikus jaks even dispose it LSS4 solar farm land. Soon become landless

Hoho still twisting n telling lies :

My selection : Growth n Dividend stock is Scicom with 5 years DY % ….. Dividend stock is Zhulian with Dividend Policy 60 % with 5 years DY , although Net Income is decreasing.

Jaks is Calculated Risk Stock with potential to be Growth stock .


—-

Posted by Sslee > 1 minute ago | Report Abuse

Mike-tikus telling lies again and again
Growth stock Yinson
Dividend stock Jtiasa and Pantech

And gruesome stock jaks

> July 2024 Production Output: FFB is dropped 7.9 % , CPO is dropped 9.5 % .

> August 2024 Production Output: FFP is increased 2.74 % , CPO is increased 8.2 %

Hoho my selection as posted earlier: Scicom with ROE 20.76


ROE 20.76
P/E 11.75
EPS 6.85
DPS 6.50
DY 8.07%


NTA 0.3300

>> ROE => 16

Hoho KMLOONG :

ROE 19.28
P/E 14.44
EPS 16.97
DPS 13.00
DY 5.31%

NTA 0.8800

When I asked Sslee on his Growth n Dividend stock selection criteria, he did not know n diverting, Twisting…

Hoho is 90 % of the Plantation going to be Sawah Padi soon !!!

Especially on the Rented Land , no more Leasehold….

Is this the reason why Second Major keep selling shares over the 12 months..

Post removed.Why?

Emm .. to be or not to be tanam Hybrid rice !!!!

Posted by Johnchew5 > 1 week ago | Report Abuse

Jaks Free Cash Flow by Quarterly :

30/9/2023 :

Free Cash Flow : + 6.21 million
Free Cash Flow Growth : + 146.08 million

31/12/2023 :


Free Cash Flow : + 61.48 million
Free Cash Flow Growth : + 889.59 million


31/3/2024 :


Free Cash Flow : - 37.79 million
Free Cash Flow Growth : - 161.47 million



30/6/2024 :

Free Cash Flow : - 11.96 million
Free Cash Flow Growth : + 68.34 million



>>>

Jaks Free Cash Flow by Yearly :

31/12/2021 :

Free Cash Flow : - 28.17 million
Free Cash Flow Growth : + 34.28 million


31/12/2022 :

Free Cash Flow : - 171.22 million
Free Cash Flow Growth : - 507.73 million



31/12/2023 :

Free Cash Flow : + 3.78 million
Free Cash Flow Growth : + 102.21 million

Repost from Jaks :

Posted by Johnchew5 > 1 week ago | Report Abuse

Jaks Free Cash Flow by Quarterly :

30/9/2023 :

Free Cash Flow : + 6.21 million
Free Cash Flow Growth : + 146.08 million

31/12/2023 :


Free Cash Flow : + 61.48 million
Free Cash Flow Growth : + 889.59 million


31/3/2024 :


Free Cash Flow : - 37.79 million
Free Cash Flow Growth : - 161.47 million



30/6/2024 :

Free Cash Flow : - 11.96 million
Free Cash Flow Growth : + 68.34 million



>>>

Jaks Free Cash Flow by Yearly :

31/12/2021 :

Free Cash Flow : - 28.17 million
Free Cash Flow Growth : + 34.28 million


31/12/2022 :

Free Cash Flow : - 171.22 million
Free Cash Flow Growth : - 507.73 million



31/12/2023 :

Free Cash Flow : + 3.78 million
Free Cash Flow Growth : + 102.21 million

Hoho interesting le , referring to 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


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


> Where as other 9 properties are with Leased Tenure until 2060 , 2064 etc .


>>👉👉Going to tanam Hybrid Rice !!!



ukas sarawak gov
https://ukas.sarawak.gov.my › pul...
Pulau Bruit Suitable to Become One of Sarawak's Hybrid Rice Cultivation Area – UKAS


20 Feb 2024 — DARO: Pulau Bruit possesses land suitable for cultivating hybrid rice due to its fertile soil conducive for agricultural activities.


Key point :

👉Jtiasa :

All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.

Pulau Bruit Palm oil plantation area = 52880 + 10043 = 62,923 hectares

>>> 62923 / 69589 = 90.4 %

Hoho is time to unlock the value of Evolve Mall …with net book value RM 280 million as at FYE2023 …revaluation on 2013 .

>> Vietnam Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.7 Billion) .. 
Construction is started on 2016 , 2 unit Power Plant final COD on January 2021 :

Jaks Gearing Ratio :


See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level : 


> FYE2015 : 0.80 X



1.) FYE2019 : 0.43 X 





2.) FYE2020 : 0.34 X 





3.) Referred to FY23 , 1 QR ended March 2023 : 0.375 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.352 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.350 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.293X 


8.) 2QR ended June 2024 :

Gearing Ratio = 0.303X


The association warned that more than a third of the planted area could be classified as old growth by 2027. MPOA Chief Executive Joseph Tek said the average cost of replanting was about 20,000 ringgit (US$4,265) per hectare, or nearly US$3 billion.4 Oct 2023

Hoho is it One of the reasons why the second Major ( ard 14 % ) keep disposed shares until ard 6 % since August 2023 to July 2024 .

Hoho Palm oil trees 20 years age is considered old trees … need Replanting latest by 25 years age .

TSH : average Trees age 13.4 years … Jtiasa : average Trees age 14.0 years …


👉 see Public Invest Research on TSH article:


👉Jtiasa :

All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.


👉TSH :

PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield
By Faiqah Kamaruddin
May 21, 2024 @ 11:02am

KUALA LUMPUR: Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield.
The firm said it is reallocating its internal sources to other sectors.


Investors should no longer depend on any of our financial forecasts for TSH Resources in making investment decisions, nor infer any adverse opinion as a result of our decision to cease research coverage," said PublicInvest.

In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.

"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.

Jtiasa

Hoho interesting le , referring to 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


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


> Where as other 9 properties are with Leased Tenure until 2060 , 2064 etc .


>>👉👉Going to tanam Hybrid Rice !!!



ukas sarawak gov
https://ukas.sarawak.gov.my › pul...
Pulau Bruit Suitable to Become One of Sarawak's Hybrid Rice Cultivation Area – UKAS


20 Feb 2024 — DARO: Pulau Bruit possesses land suitable for cultivating hybrid rice due to its fertile soil conducive for agricultural activities.

Jtiasa Dividend :

2020 : No Dividend …. Net Loss Rm 73.5 million

2021 : No Dividend ..Net Profit RM 31.4 million ( why no Dividend with Dividend policy minimum 20 % ?)


2022 : DY 4.83

2023 : DY 4.51

2024 . DY 5.41

Jtiasa CPO production output ( MT) :


August 2024 : 25,238
July 2024 : 20,558
June 2024 : 17,018
May 2024 : 16,419

August 2023 : 23,324
July 2023 : 22,712
June 2023 : 16,580
May 2023 : 15,489

July 2022 : 12,488
June 2022 : 11,723
May 2022 : 11,500

> July 2024 Production Output: FFB is dropped 7.9 % , CPO is dropped 9.5 % .

> August 2024 Production Output: FFP is increased 2.74 % , CPO is increased 8.2 %

B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉( Note : Loss is due to Depreciation.)

Post removed.Why?