Posted by sunztzhe > 2014-06-22 17:13 | Report Abuse

speakup, what plantation shares have u invested in besides CEPAT?

Posted by slts > 2014-06-22 17:55 | Report Abuse

yes cepat, once hot can run fast
another one kmloong, cash rich plant co,
proposed 8sen dividend,
full year around 13sen but slow like grandpa

Posted by calvintaneng > 2014-06-22 18:09 | Report Abuse

Very Good,

Looks like a little Investlah stock pick challenge for Year 2014. 2nd Half

More than 110 posts in 2 days with inputs from many. May I dedicate these words to all:

The Day Is Done;
Its Hours Have Run.
And All Have Posted One By One.
The Fervent Hope;
The Passionate Plea.
i3's Truly A Place of Fun

And May The Days, Weeks, Months of This Remaining Year of 2014 Bring Prosperity To All Here in i3 Forum Site.

Posted by Up_down > 2014-06-22 18:43 | Report Abuse

I don't understand how RHBCap's CFA worked out PER of Jtiasa 15.5 times(CY 14) & 11.4 times(CY 15).

Currently, Jtiasa is traded at PER 46 times with rolling 4 quarters EPS 5.46 cents. To achieve PER 15.5 times for CY 14, it needs make a very goods profits 11.4 cents in final quarter to cover shortfall for the last 3 quarters.

EPS:
FY 2014 - 4th Qtr - 11.4 cents???
FY 2014 - 3rd Qtr - 0.84 cents
FY 2014 - 2nd Qtr - 2.05 cents
FY 2014 - 1st Qtr - 1.97 cents
FY 2013 - 4th Qtr - 0.60 cents

Base on its existing financial performance, it's really going to be an uphill battle for Jtiasa to catch up PER 11.4 times or EPS 21.6 cents or profit after tax 210 million in CY 15. Is it his assumption based on optimistic CPO prices rising to RM 3,500/mt in next few months?

Posted by Koon Yew Yin > 2014-06-22 19:06 | Report Abuse

Wah! I am surprised to see 112 comments for this article I posted about 18 hours ago. I appreciate all your commentaries, even those that are not useful. For a change, you may like to read this:

Subject:The pleasures of an After Life !

Gwen was one of those women who had never had a boyfriend.
>
>She went to a Psychic for help.

>Honey! - said the Psychic. You will not have luck in love in this life. But after death, you will be a much desired woman and all men will fall at your feet.
>
>Gwen left very happy and so excited, as she went over a bridge she thought:
>
>"The sooner I die, the sooner my next life begins”
>
>She decided to jump off the bridge right away. Incredibly Gwen didn't die!
>
>She fell on the back of a truck full of bananas; she lost her senses and
fainted.
>
>As soon as she recovered, still drowsy and not being able to see very well,
>
>and not knowing where she was, she started touching her surroundings,
>
>feeling all the bananas she mumbled with a huge smile on her face and said:
>
>"GENTLEMEN, PLEASE,… ONE AT A TIME!"

Posted by chrisyap > 2014-06-22 19:16 | Report Abuse

haha, Mr Koon cracking joke! TDM and KFima!

Posted by sunztzhe > 2014-06-22 19:23 | Report Abuse

HAHAHAHAHA Good One Mr Koon!!
Cannot wait anymore lah..Better make up for LOST TIME & DO IT QUICK QUICK IN SUCCESSION...Buy JTIASA, THPLANT, SWKPLNT, TAANN, WTK !! HAHAHAHAHA

Posted by AyamTua > 2014-06-22 19:26 | Report Abuse

everyone know EAH will be a buy tomorow! hahahaa
bonus stock: AHB, Leesk, Luster & MAS
must have stock of the century - put in undewear too!
ha ha ha

Posted by stockraider > 2014-06-22 19:59 | Report Abuse

Plantation use to be Raider core investment...!!
Why ?
If u buy into plantation.............u r making 2 bets loh.....!!
1) The palm trees that give u yield n return in the term of palmoils.
2) The plantation land.............is a real estate bets to hedge against inflation n potential capital appreciation loh........!!

So long u buy into plantaion.........without over paying..........u investment will do well over time loh.............!!

Posted by sunztzhe > 2014-06-22 20:59 | Report Abuse

I would focus on the primary objective of increasing profits and increasing EPS & ROCE rather than appreciation of plantation land as this is a more immediate contributor to share price increase.

Appreciation of property in plantation lands is a very long term cycle unless there are sizeable plantation near major market centers with adequate infrastructure that can easily be developed into new township cum commercial centers. If that is a twin objective of investment in plantation coys it may be better to focus on plantation coys in Malaysia rather than Indonesia as land is scarcer in Malaysia relative to Indonesia.

Palm Oil price moves in cycles and when there is a good possibility of increasing CPO price due to the likely prospect of a prolonged dry season, I would rather focus on plantation coys with large tracts of land with majority percentage of fast maturing young oil palm trees that will give the highest profit quantum and highest % increase of EPS and ROCE.

Posted by dalpinia > 2014-06-22 22:57 | Report Abuse

MKH is the best

Posted by dalpinia > 2014-06-22 22:58 | Report Abuse

Palm n land (property) doing very well....soon cpo will be the major contributor

Posted by andychucky28 > 2014-06-23 10:25 | Report Abuse

I believe one reason for rice being expensive in Malaysia is largely because of the import quotas and price controls imposed by Bernas. Another reason perhaps is that Malaysian rice farmers are not as cost competitive and productive as other rice growers in the region, notably Thailand. We do not grow enough for the local population let alone for export globally. So far, I have not seen any Malaysian-grown rice sold in US stores.

I argue that rice should be included in the US-Malaysia Free Trade Agreement (FTA) talks and CAP (Consumers Association of Penang) should lobby the government to introduce legislation to lower or abolish tariffs and ban rice import quotas.

The argument is often made that the US is subsidising its rice growers and exporters to gain an unfair price advantage. One can say that Bernas, too, is subsidising our local rice farmers by forcing the 'rakyat' to overpay for rice in order to protect the local rice industry. These import quotas and tariffs only serve to restrict the supply of rice in the market and artificially inflate its price in Malaysia.

Posted by sunztzhe > 2014-06-23 10:33 | Report Abuse

andychucky28, support u on rice as long grain US rice actually taste better. Sooner or later Malaysia has to grow up ,be cost competitive and fight in the international markets. These protection ONLY benefit the cronies at Malaysian taxpayers expense as Malaysian taxpayers has to pay higher prices and our per capita income is relatively low by world standards.

Posted by andychucky28 > 2014-06-23 10:39 | Report Abuse

Yes Suntzhe, the malaysians taxpayers have to pay higher tax due to this. And now they still want to introduce GST. This is called tax on top of tax.

Posted by mengcourt > 2014-06-23 11:17 | Report Abuse

The story is quite similar to Proton where the rakyat is forced to pay higher prices due to the inefficiency of the GLCs.

Posted by andychucky28 > 2014-06-23 14:21 | Report Abuse

GST in bolehland is tax on top of tax LAH!

Posted by stkoay > 2014-06-23 14:23 | Report Abuse

http://klse.i3investor.com/blogs/bfm_podcast/53675.jsp

Posted by kakashit > 2014-06-24 09:24 | Report Abuse

Justification for Jtiasa CY14 PE 15:
Please take note that it is stated in CY--Calender year, not FY--Financial year

currently it is the third quarter result of Jtiasa financial year, but it is the first quarter of financial year result ended March.

Jtiasa still have three calender year quarters to go--ended June, September and December.

If you look back at Jtiasa's 2012 financial year earning when CPO price is high, it was able to achieve 20 cents earning per share.

To get a PE of 15 with share price RM2.50, it needs to earn 16 cents. It shouldn't be a big problem, given that ffb production has been increasing a lot and it still have logging business. In addition, there are less land for Jtiasa to plant, thus less expenses incurred.

The main point is CPO price must reach RM3,000 per MT, so that Jtiasa can earn more for doing nothing.

Posted by speakup > 2014-06-26 11:26 | Report Abuse

BPLANT worth a look. Cheapest mid-cap plantation stock.

Posted by speakup > 2014-06-26 11:27 | Report Abuse

Salvatore Dali says BPLANT worth at least 1.80.

Posted by speakup > 2014-06-26 11:28 | Report Abuse

http://www.bfm.my/sm-salvatore-dali-malaysiafinance-boustead-plantations-ipo-140604.html

Posted by stockraider > 2014-06-26 12:58 | Report Abuse

Always look at fully diluted EPS mah.....!!
Latest Profit about Rm 31m per quarter....annualized Rm 124m.
Number of share....1600 million share....!!
EPS per share Rm 0.07.

Say PE 18x....mean Boustead Plant should be Rm 1.40....!!

That's why share price is not moving up....with a premium of rm 0.03 against IPO price of Rm 1.60.

Posted by duitKWSPkita > 2014-06-26 13:02 | Report Abuse

Dear Respected Mr Koon & Expert stockraider,

You guys are so great, so expert in stock analysis. I like to read ur comment. I have learned many new things from u guys.

Hope I can learn more and more from u guys.

Thanks you and happy trading!

Posted by timetokoon > 2015-12-04 13:06 | Report Abuse

Ah Koon recommend JTiasa