JTiasa AGM is on today. 2024 Annual Report reveals lots of things. It is a Nett Cash Company!! Retained Earnings of 528 million. Last years Eps of 13.3 affected by Deferred Tax, as taxation was higher. Operating Cash Flow like what SSLee of i3 investor mentioned is over 300million every year, 2024 was 361 mil, from All the 68, 569 Hectares, of Matured Palm Trees.. As at 30/6, Cash was 283 million, with Nett Tangible Assets of Rm 1.52. Profit b4 tax was 200 million, based on Average of Rm3,771/ ton. Coming year profits will be better as CPO price is higher, touching RM 5000+ in November. Will it be like KLK later on as it is now a cash cow, and churning over 200 million profit before Tax every year !!!
@calvintaneng Can offer some advice, If agriculture land asking for rm6000 per acre in Sabah, worth it? It has oil palm but havent been managed for long time, so i assume the trees should already past prime.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Richtech Digital Berhad, a distributor of electronic reloads and digital payment solutions, aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
57,853 posts
Posted by calvintaneng > 2 months ago | Report Abuse
Once it empire steady and cash generated machine, it will be an auto-pilot for next 18yrs.
Director Lim Fook Hin of TSH
ALSO SAID AFTER PALM OIL CO PAID "OFF ITS DEBTS"
IT WILL BE ON AUTO PILOT
See
https://www.youtube.com/watch?v=PDMUaI8-ILI