in fact, this is a good chance to collect for those who still had faith on palm oil. losses on this quarter is expected, since there's heavy flood in q1. foresee next quarter oil palm sector will recover to normal, unless there's palm tree dying from the disaster (unlikely).
trap so many people. yet so many still have faith on it. all pretend to be pros at the finance figure bla bla bla.. Let me say right ... it will continue to dive downtrends. good luck!
Tony @70sen it is cheap.. If you buy, you have to buy and forget and do not monitor it on daily basis... otherwise have to wait and monitor the monthly production volume to make your decision.
Yesterday an IB downgraded it from buy TP 1.40 to Neutral TP 0.80
when things turn better, I expect IB will upgrade... :)
Uptrending Roger and million thanks. I have the faith on Palm oil business and the CPO price is depress now but strongly believe will be back 1 day. Buy some and monitor the production vol.
Hi Uptrending, long time not get touch with you , what you think with CPO price 2300+ and monthly production number n timber log? can Jtiasa still able to turn around from Red to Black?
Do not think this quarter result will be good. Oil Palm production output is about the same as corresponding period, but CPO price dropped by about 16% as compare to corresponding period.
Mgmt is not doing a good job in managing oil palm production output. Output rate is 10% below industrial average despite having 91% of planted trees are at prime mature age.
Should be not that bad if this is really happened. If compared the palm oil & log output (Q1 & Q2 ), Q2(Apr-Jun) output improved a lot (of course it is depend on CPO price).
really frustrated ...almost reach 80 cents and then drop back again to 69 cents ...Fundamental is good , but really do not know how long can accomplish the form of 2.40 plus the lower CPO ..
somebody use the words that share price is alr reflected. let c today its performance. don't know the author 不是不爆,时辰未到 gone where...if there are naïve investors listen to the sky-good essays, and buy it, guess gg.... jtiasa is really a very very disappointing company... the management should paid zero salary on this.
to make thing clear, I donot hold a share in this jtiasa. just voice up for some really mean-to-invest investor.
What impairment means ?last Q also have impairment lost! Any sifu or Accountant can help to explain words IMPAIRMENT? look like very popular in today accounting report.
if you think jtiasa is good, then its good time to buy 0.67-0.69 then hold as nobody can tell you when is lowest or highest. else...dont buy and dont look at all!
The impairment is for the "price dropped of 140,000,000 units RSawit share" that purchased on year 2016 at RM0.50 per share. On 30/6/18, the share price of RSawit is RM0.285, so JTiasa need to impair this paper loss of the RSawit share purchased.
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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....
popo92
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Posted by popo92 > 2018-05-24 09:16 | Report Abuse
in fact, this is a good chance to collect for those who still had faith on palm oil. losses on this quarter is expected, since there's heavy flood in q1. foresee next quarter oil palm sector will recover to normal, unless there's palm tree dying from the disaster (unlikely).