2 people like this.

34 comment(s). Last comment by calvintaneng 2020-11-13 07:03

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-29 23:57 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-29 23:57 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-29 23:58 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-29 23:59 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-29 23:59 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-30 00:00 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-30 00:00 |

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Foker

1,406 posts

Posted by Foker > 2020-10-30 02:25 | Report Abuse

Calvin you dumb or what?

Foker

1,406 posts

Posted by Foker > 2020-10-30 02:27 | Report Abuse

Palm oil land not prime land ok? Simply throw one stone at any property counter you can easily get undervalued land worth 100 times more than jaya.

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-30 06:15 | Report Abuse

No Foker

Calvin did not mention the word "prime land" if you will read more carefully without passing careless remark.

Check and double check carefully

I only mention that the planted trees are now having the average age of 11 years

11 years for palm oil is peak production time when it produces the maximum amount of fresh fruit

Just like man his most productive age is from 25 to 55 when he is at his prime, not when he is 12 years old

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-30 22:07 | Report Abuse

Excellent result from Chinteck plantation

It has doubled its profits!!

Chinteck superb perfomance signals the start of multi year profit growth for all plantation stocks

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-31 00:49 | Report Abuse

Chinteck plantation exceptional result reports from June, July and August 2020 and yet profits up by more than 100% from 7 sen to 15 sen

At 15 sen annualized profit should be 60 sen

If we give Chinteck a P/E 30 then price will be Rm18.00

If P/E 20 then Rm12.00

If P/E 15 then Rm9.00

Chinteck looks like a good bargain now

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-31 00:56 | Report Abuse

Chinteck result only reported till August when cpo prices still around Rm2.600 to Rm2700 region

In September Cpo rose again to Rm2800 and Rm2900

So Jtiasa result will even excel that of Chinteck as Cpo prices surged more just like how glove prices surged

And in October Cpo reached Rm3000 to Rm3150 region so Feb 2021 will be more spectacular

Will Jtiasa result skyrocket in earnings like Supermax ???

Yet to be seen

But exciting times are soon returning to palm oil stocks

All the signs are appearing to confirm the bull trend in formation

Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:45 | Report Abuse

FY20 ended June audited annual report :


Revenue :

CPO / Kernel/ Fruit 508,651,000 : 72.47 %

Timber / Plywood 192,887,000 : 27.01 %

Others 345,000 : 0.52 %

Total 701,883,009


Loss = ( RM 73.5 million )


FY19 : Loss = ( RM 275.7 million )

FY18 : Loss = ( RM 26.8 million )

Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:47 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:48 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:48 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:49 | Report Abuse

Referred to FY20 audited annual report:

a) Financial assets

Trade and other receivables 36,362,000

Cash and bank balances 13,276,000


total = 49,638,000

b) Financial liabilities

Loans and borrowings 802,160,000

571,318,000+ 230,842,000

Trade and other payables 188,213,000

Lease liabilities -

total = 990,373,000


a) - b ) = ( 940,735,000 )


1.) Financial Assets - Financial Liabilities =( RM 940.735 million ).

2.) A hidden risk on Payables - Receivables = 188,213,000 - 36,362,000 = RM 151.851 million .

FY21 Q1 ended September'20 will be incur High Loss ke !!!!

Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:51 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 10:53 |

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jackfruit

544 posts

Posted by jackfruit > 2020-10-31 12:16 | Report Abuse

Calvin you pick another badly manage company.

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-10-31 18:55 | Report Abuse

Jackfruit

I am not the only one who picked Jtiasa

I now in Spore

Spore Biggest Bank is DBS

And DBS top fund managers are in

Top 12

Top 20

Of Jtiasa

Also Pheim Boss Dr Tan Chong Koay is living in Spore

Epf outsourced it's money to Pheim
And out of 30 palm oil stocks he picked Jtiasa

Multimillionaire Dr Neoh Soon Kean also own 2.37 million Jtiasa shares

So jackfruit

You should check and study more carefully before just simply giving your opinion

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-10-31 19:03 | Report Abuse

Kasi hantam Bplant la

Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 21:09 | Report Abuse

# Boustead Plantations

75,000 hectare x 2.471 = 185,325 acres

FY14 to FY19 average revenue =3961.7/6 = 660.28 million

> 1 acre generate RM 3,562.82

# MHC :

Plantations = 33,000 acres


FY14 to FY19 average revenue =2001.4/6 = 333.57 million

> 1 acre generate RM 10,108.18

Mikecyc

46,771 posts

Posted by Mikecyc > 2020-10-31 21:10 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-11-01 05:09 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-11-01 05:12 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-11-01 05:20 |

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Mikecyc

46,771 posts

Posted by Mikecyc > 2020-11-01 05:25 |

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calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-03 17:24 | Report Abuse

Yeeeeeehaaaaa!!!!

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-04 12:24 | Report Abuse

Wahaha

Supersonic time coming !!!

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-05 15:06 | Report Abuse

The Giant awakes

Arise and shine!!

For thy time has come!!!

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-13 07:03 | Report Abuse

Strong soybean oil will propel cpo price leading to strong bullrun in palm oil shares like jtiasa and Fgv

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