the whole malaysia ffb production last month dropped by 10%. So i think it is everyone else's problem. It is normal cycle of palm oil tree isnt it?

rubbish counter!

Tomorrow limit down?

Estimated 13bil gdv project. Limit up tomorrow?

Better cut 5% ffb production for this quarter because malaysia's ffb production level is lower than last year.

Posted by value_invest > 9 hours ago | Report Abuse

If we assume that the coming 2Q - OCT to DEC: same as last FY2024:-
1) FFB 345,778 MT,
2) CPO production 69092 same as last FY 24.
3) Average spot CPO 4400 to 4500.

What is your estimated for coming 2Q Earning?
Reading on phillip posting mentioning, you estimate PBT 130mil coming Q? Seem good earning..
The management has forecast the FY2025 FFB 1.2mil MT. in increase of about 10%..

u dont really need rspo if u dont sell to europe and guess what? jtiasa never export their cpo.

Anyone went to the agm today? Any important updates?

damn u mike. cant u pls work harder to push down the price?

taking some profit now. Mike, please push down the price again ya.

Thanks mike for giving me opportunity to add huge position around 113! I love u so much!

Habis cerita! lost 41mil if excluded forex gain! Limit down inkambing!

Those who can attend the agm pls help me to ask what is the cost per tons cpo?

I still got some spare cash to buy. Mike, do u mind to push down the price again? Thanks a lot.

thanks to u mike, 1.23 is cleared. Now i huat like hell!

Thanks to mike, i managed to add some positions at bargain price in last few days. Thanks ya, keep up the good work!

Trade Receivable turnover day:
Jaks: 421mil / 13mil x 3 months = 97 months
Yinson: 820mil / 2142mil x 3 months = 1.1 months
Jtiasa: 51mil / 272mil x 3 months = 0.6 months

Jaks is a time ticking bomb waiting to explode anytime just like serba!

High debt is still acceptable but 97 months of trade receivable turnover? Good luck.

Jaks:-
1. Total cash and cash equivalent : 44mil
2. Total Debt : 467mil
3. Trade Receivable turnover day = 421mil / 13mil x 3 months = 97months
4. Dividen : Zero dividen since Ipo.

Serba 2.0 in the making!

Yup, inventory is recorded at cost. the ceo is smart by hoarding almost 50mil of cpo as inventory to sell at higher price in this quarter.

Expecting even more dividend in next quarter! Huat ah!

Revenue = RM335mil

Page 10 of 24Q3 qr:

Additionally, operational disruptions at one of our plantation entities stemming from a social
dispute related to the Community Plantation Development Scheme (“Plasma”), also contributed
to the decline. However, on 13 November 2024, a significant breakthrough was achieved when
the Indonesian Administrative Court ruled decisively in favor of the affected plantation entity
within the Group, affirming it has met its obligations under Indonesian regulations regarding
Plasma. This ruling is expected to expedite the resolution of the dispute, enabling the Group to
resume normal operations and stabilize productivity at the affected plantation entity. With the
dispute nearing resolution and biological cycles expected to normalize, the Group is committed
to enhancing operational efficiencies and optimizing yields.

Tsh won the court case therefore operation disruption will be lifted and resume back to normal + improved net profit + surprise dividend = To the moon.

Question: Does jtiasa plan to monetize the reforestation by selling carbon credits?

Add more at 115! Sell all you want, i am buying.

I bought more at 118! Sell all you want, i am buying!

anyone kena washout today? Such an impressive qr, tomorrow limit up?

FCPO close 5100. Sell all you want, i am buying.

Huge dividend inkambing for cpo stocks!

Edible Oil Big Four:

https://www.tradingview.com/symbols/CBOT-ZL1!/
https://www.tradingview.com/symbols/MYX-FCPO1!/
https://tradingeconomics.com/commodity/sunflower-oil
https://tradingeconomics.com/commodity/rapeseed-oil

Who care about export duty hikes? Customers pay it on top of the cpo price anyway.

Analysts never right on cpo since mco. NOT EVEN ONCE!

go ask around and see how much foreign workers get paid per day in palm oil industry even before the minimum wage hike.

https://www.thestar.com.my/aseanplus/aseanplus-news/2024/10/31/thailand-bans-export-of-raw-palm-oil-as-production-takes-a-hit

sell all u want, i am buying...

fcpo approaching rm4500 now, up rm700 since average rm3800 last quarter. And u ppl still worry about the rm200 wage increment where it is partially offset by the increment of windfax tax threshold.

Only ~5% of their palm trees are 20 years old and beyond. If i am not mistaken, inno is the only bursa company that has such an ideal palm tree profile.

Say if your dividen yield = 5%, 2% on the DY = 5% * 2% = 0.1% of your portfolio value only. Hope u guys panic and sell at -10% on next monday.

U are bias because u purposely pick a top performer for comparison. If u want to make a comparison, use an average number. https://www.statista.com/statistics/795756/yield-of-palm-oil-malaysia/#:~:text=In%202023%2C%20the%20average%20yield,of%20palm%20oil%2C%20after%20Indonesia.

Seriously Mike, did u come from planet mars? Isnt it a common knowledge that plantation industry suffer from labour shortage because of covid? Jtiasa is not the only one with low ffb output in last few years.

Now they have 283mil of cash and 194mil of total debt, which also means 88mil net cash, with extra 350mil of fcf every year! Oh man, do u guys have any idea how big is the potential of this cash cow?

Jtiasa is now a net cash company. Currently they have zero immature oil palm tree and less than 5% of the oil palm tree is beyond 20 years, which means the capex on replanting will be minimum for next 5 years. So 350mil of fcf every year is definitely possible! Even if they spend only half of it to pay dividen, the dividen yield still can sky rocket to 175 / 1139 = 15% at today's closing price!

I estimated at least 350mil of fcf for fy25 if fcpo and fertiliser price stay around current level.

fcpo is now back to 4000!

U ppl r funny. U want more revenue but u dont want more trade receivable, is that means u accept cash on delivery only when your customer plan to give u more orders?

lame result is always expected for the 1st half of the year but it is game on time now haha!

It is funny u guys think the booming of data center in malaysia will benefit hdd. Seriously, who care about malaysia? Hdd has a global market and u guys think only malaysia when u make your investment decision in hdd company?

and hdd is irrelevant in ai data center! It is all about computing power!

That is a very big IF.

nah, VS barely has enough cash reserve for their operation.

Tomorrow limit down? :/