Posted by Joon Chan > 2020-01-02 23:32 | Report Abuse

I withdraw my recommendation, there are more than meets the eye.

Some RPTs i am unable to ascertain was in the best interests.

Posted by cngi > 2020-01-03 09:17 | Report Abuse

https://www.theborneopost.com/2020/01/03/cpo-price-outlook-remains-robust/

Posted by TheGreg > 2020-01-03 10:56 | Report Abuse

Rsawit and Jayatiasa belongs to same Tiong Family......is best they can merge to become Sarawak largest planted oil palm plantation.

Posted by cngi > 2020-01-03 10:59 | Report Abuse

turbo engine started again...

Posted by Hong Jun Lee > 2020-01-03 11:25 | Report Abuse

1.5 soon

Posted by investortrader88 > 2020-01-03 11:43 | Report Abuse

huat ahhhhh. !

Posted by msart > 2020-01-03 12:29 | Report Abuse

Plantation sector is one of the choice now., as palm oil price is expecting to recover. Still going up. Plantation company like jayatiasa showing price recovery.

Posted by Trouble Huat > 2020-01-03 20:21 | Report Abuse

sudden u turn. might related to war news

Posted by Fabien "The Efficient Capital Allocater" > 2020-01-05 10:08 | Report Abuse

Back in 2012, JTiasa was valued at an EV/ha of RM68000 (CPO around RM3300)

From JP Morgan's report, Malaysian peers average EV/ha = US25,500 (say at USDMYR 4, RM equivalent = RM102,000)

To be conservative, let's value it at RM65000 EV/ha

JTIASA planted area 69,589ha = RM4,523mil in EV

Less net debt of RM883mil

Implied market cap = RM3,640mil

FV/share = RM3.74

Posted by LKOH > 2020-01-05 15:21 | Report Abuse

https://www.theedgemarkets.com/article/jaya-tiasa-climbs-bonus-issue-share-placement-dividends

Posted by LKOH > 2020-01-05 15:22 | Report Abuse

8 years ago

Posted by rbzhg88 > 2020-01-06 10:37 | Report Abuse

following

Posted by yoyo > 2020-01-06 11:37 | Report Abuse

LKOH your shared news was in 2012, trying to create false impression?

Posted by LouiseS > 2020-01-06 13:26 | Report Abuse

JAYA TIASA's main business segments include oil palm plantations, milling and timber operations.

Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -27.48 sen to 5.6sen. Making losses in all of last five years.

In the 2019 financial year, there was a Net Loss of RM265.3 million down from the previous Net Loss of RM69.8 million. The reason for the widening loss were due to 23% lower CPO selling price, signifcant lower sales volume for our timber products, and the derecogniton and reversal of deferred tax assets on unabsorbed tax losses in loss making subsidiaries amountng to RM80 million recognized during the year. Loss per share was 27.48 sen compared to 7.34 sen in the previous year.

https://louisesinvesting.blogspot.com/2020/01/comments-on-jaya-tiasa-holdings-berhad.html

Posted by Fabien "The Efficient Capital Allocater" > 2020-01-06 13:57 | Report Abuse

Investing is forward looking. What are the implications to the company earnings when CPO is trending at above 3000.

Posted by LKOH > 2020-01-06 14:00 | Report Abuse

Agreed with Fabien...by the way Jaya Tiasa is now more a plantation company than timber. When CPO price fly, it will also fly

Posted by gemfinder > 2020-01-06 14:03 | Report Abuse

not taann beter ka if compared to jtiasa

Posted by LKOH > 2020-01-06 14:53 | Report Abuse

Jaya Tiasa Palm trees are all young men..like 18 to 25 years old men, can really produce a lot of fruits

Posted by LKOH > 2020-01-07 08:34 | Report Abuse

https://www.klsescreener.com/v2/news/view/615228

Posted by LKOH > 2020-01-07 08:35 | Report Abuse

This broker upgraded Jaya Tiasa from 0.37 to 0.75 in Nov and now upgraded from 0.75 to 1.55

Posted by LKOH > 2020-01-07 08:36 | Report Abuse

Jump almost 5 times in 1 month

Posted by investortrader88 > 2020-01-07 08:49 | Report Abuse

https://www.theedgemarkets.com/article/affin-hwang-capital-raises-target-price-jaya-tiasa-rm155

Posted by Fabien "The Efficient Capital Allocater" > 2020-01-07 11:44 | Report Abuse

Say 50% discount on EV/ha based calculation, you are looking at RM1.87

bear in mind, zero value is absribed to its timber business.




Posted by Fabien "The Efficient Capital Allocater" > Jan 5, 2020 10:08 AM | Report Abuse X

Back in 2012, JTiasa was valued at an EV/ha of RM68000 (CPO around RM3300)

From JP Morgan's report, Malaysian peers average EV/ha = US25,500 (say at USDMYR 4, RM equivalent = RM102,000)

To be conservative, let's value it at RM65000 EV/ha

JTIASA planted area 69,589ha = RM4,523mil in EV

Less net debt of RM883mil

Implied market cap = RM3,640mil

FV/share = RM3.74

Posted by Sky Blue > 2020-01-07 12:03 | Report Abuse

https://www.theborneopost.com/2020/01/06/bullish-outlook-for-palm-oil-sector-in-2020/

Posted by stock_investor > 2020-01-07 20:42 | Report Abuse

https://www.klsescreener.com/v2/news/view/615582

Posted by gemfinder > 2020-01-07 21:55 | Report Abuse

https://www.theedgemarkets.com/article/india-asks-domestic-refiners-avoid-buying-malaysian-palm-oil-—-sources

Posted by gemfinder > 2020-01-07 21:56 |

Post removed.Why?

Posted by rajachulan > 2020-01-07 22:55 | Report Abuse

https://www.google.com/amp/s/www.capitalpost.com.my/2019/12/28/mahathir-has-brain-malfunction-slams-indian-mp/amp/

Check this out... Bad news everyday...everywhere... From anyone...

Posted by cngi > 2020-01-08 09:51 | Report Abuse

war news somemore...
never mind..consider as healthy correction

Posted by slts > 2020-01-09 11:17 | Report Abuse

now, india banned import of refined palm oil from msia
another bad news

Posted by ykloh > 2020-01-09 19:04 | Report Abuse

CPO not affected by Indian ban.

Posted by Shadows > 2020-01-10 12:31 | Report Abuse

Don't get lure into this.. CPO is over supply globally.

Posted by Newbieinshare > 2020-01-10 18:10 | Report Abuse

https://www.investing.com/commodities/crude-palm-oil

Posted by newbie0718 > 2020-01-11 09:21 | Report Abuse

https://www.theedgemarkets.com/article/cpo-futures-end-higher-anticipation-tight-supply

Posted by Choivo Capital > 2020-01-12 11:25 | Report Abuse

Im not sure how many people are swallowing their own bs here.

However, do note that at the end of the day you are buying earnings, not asset. You're not a liquidator.

JTIASA palm oil land is cheap for a reason. The management is horrible and running them efficiently.

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-01-12 11:32 | Report Abuse

Probably they believe in FA & TA as well as JTIASA's massive growth this quarter

Posted by yoyo > 2020-01-13 11:14 | Report Abuse

over the top or top is over?

Posted by wilsonchan87 > 2020-01-13 18:13 | Report Abuse

Dec 2019, Jayatiasa production capacity output also affected

1) Fresh Fruit Bunches - 80,032 metric tonnes
2) Crude Palm Oil - 13,284 metric tonnes
3) Palm Kernel - 4,669 metric tonnes
4) Logs - 24,440 cubic metres

Posted by bc8660 > 2020-01-14 09:08 | Report Abuse

Simple comparison, the production output much higher and the total share amount are less than TSH. So if TSH can hit RM1.5++ why can't Jtiasa.

Posted by yoyo > 2020-01-14 11:37 | Report Abuse

looks like the top is over...

Posted by ykloh > 2020-01-14 16:17 | Report Abuse

too much debt

Posted by Diego2020 > 2020-01-14 16:19 | Report Abuse

where did you guys see the debt of the company other than their annual report? can anyone give me some info/source?

i am noob la, haiyoo... help me

Posted by dalpinia > 2020-01-14 16:57 | Report Abuse

Switched to MKH as India will buy more CPO from Indonesia, MKH plantation 100% in Kalimantan will be benefited

Posted by slts > 2020-01-14 17:28 | Report Abuse

mkh is a dead stock
no players

Posted by Gen2 > 2020-01-15 14:08 | Report Abuse

Hng33 , Average Q4 cpo price is around 2400 only

Posted by Gen2 > 2020-01-15 14:11 | Report Abuse

Q3 ffb output 425k tonnes vs Q4 only 273k tonnes.

Posted by hng33 > 2020-01-15 14:18 | Report Abuse

Average Q3 2019, July RM 1879; Aug RM 2067; Sept RM 2097. Based on Jtiasa corporate presentation, it record about RM 1935 in Q3 2019, enjoy profit margin 30%, recorded EPS 1.63sen (jtiasa should record much higher EPS if without offset by loss in timber business)



Average Q4 2019 should be about RM 2500 based on average selling price Oct RM 2104; Nov RM 2494; Dec 2813.

As the cost of production is relatively fixed, therefore, any surplus above cost is direct translate into increment in profit margin and net profit.


Average Q1 2020, will be around RM 2900-3000.

Posted by Gen2 > 2020-01-15 14:35 | Report Abuse

hng33, so what is the prediction for Q4 profit ?

Posted by dompeilee > 2020-01-15 15:22 | Report Abuse

I bought this at a high price of 1.05 in August '17 & was punished when it plunged in '18 & '19 because I was careless & didn't check on the company's huge debt levels.

Fortunately I made amends & sold most of that old stock off at 1.0883 on Jan 7th.

Posted by millionology > 2020-01-15 16:03 | Report Abuse

@dompeilee, you held for 2.5 years and finally made 3% of profit gains?