JAYA TIASA HOLDINGS BHD

KLSE (MYR): JTIASA (4383)

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Last Price

1.10

Today's Change

+0.01 (0.92%)

Day's Change

1.08 - 1.10

Trading Volume

1,266,500


17 people like this.

13,545 comment(s). Last comment by jjohnchew 12 hours ago

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-11-04 23:55 | Report Abuse

Jtiasa Tiasa = Giant Treasure

Only those equiped with true vision can SEE

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-05 00:00 | Report Abuse

Bplant + TDM

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-05 05:26 | Report Abuse

MPOC

The current COP in Sarawak is estimated at RM1,920 per tonne for a plantation with an average yield of 20 tonnes of FFB per ha per year or four tonnes of CPO per ha per year.

Boon also said that Sarawak oil palm planters’ COP was higher than Sabah due to poorer productivity per unit area although sales tax being lower (5%) in Sarawak when CPO price exceeded RM1,500 per tonne and 2.5% when the price was between RM1,000 and RM1,500 per tonne.

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-05 05:26 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-11-05 10:57 | Report Abuse

Jtiasa coming loh...!!

Go Go...up...up & away loh..!!

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 11:09 | Report Abuse

Congrats

To si-fool Mickey MOUTH again
Sour grapes

Wakakakaka

tan1868

787 posts

Posted by tan1868 > 2020-11-05 11:16 | Report Abuse

Whenever Mickey appear, that stock will go up !

TheSecret

658 posts

Posted by TheSecret > 2020-11-05 11:23 | Report Abuse

Yes, Jtiasa, my diamond in the safety box.
Continue up up up

Shadows

462 posts

Posted by Shadows > 2020-11-05 11:24 | Report Abuse

High risk counter

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 11:26 | Report Abuse

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-27-story-h1535481760-TOP_INVESTMENT_SECRET_REVEALED_SQUIRREL_EATEN_DURIANS_OR_FRUITS_ARE_THE.jsp
Posted by sifu Calvintaneng

Now many many fanatik will believe si-fool Mickey MOUTH is a Da vincci code for stok investment


tan1868 Whenever Mickey appear, that stock will go up !
05/11/2020 11:16 AM

Wakakakaka

GGecko

1,937 posts

Posted by GGecko > 2020-11-05 12:12 | Report Abuse

Strong momentum moving upwards

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-11-05 14:19 | Report Abuse

Going to achieve super bull gain like Supermax later

What supermax is to glove so is jtiasa to palm oil

Expect 300 per cent or more upside from a Giant Treasure

TheSecret

658 posts

Posted by TheSecret > 2020-11-05 14:33 | Report Abuse

Hip hoop hurray.... Up up up

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 14:46 | Report Abuse

Clap clap clap
Tx to master Calvin

God of shares in KLCI

Wakakakaka

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 14:49 | Report Abuse

So far holding Jtiasa
V can sleep well
Time will proof Jtiasa is the best hedging stock for coming crashed-market very soon

Cheers
Wakakakaka

TheSecret

658 posts

Posted by TheSecret > 2020-11-05 14:53 | Report Abuse

Continue keep in my safety box.

stockraider

31,556 posts

Posted by stockraider > 2020-11-05 15:02 | Report Abuse

jtiasa very strong mah....pandan muka...naysayer sohai mike loh..!!

Posted by FlyingElephant > 2020-11-05 15:27 | Report Abuse

Im just wondering if CPO price is above a certain threshold, do they need to pay windfall tax to the government? It used to be this way not sure if the ruling still persists today. If yes, then the earnings by the JTiasa could be affected. Anyone can shed a light on this?

stockraider

31,556 posts

Posted by stockraider > 2020-11-05 15:28 | Report Abuse

Govt suspended windfall tax until netx year mah...!!

Posted by FlyingElephant > Nov 5, 2020 3:27 PM | Report Abuse

Im just wondering if CPO price is above a certain threshold, do they need to pay windfall tax to the government? It used to be this way not sure if the ruling still persists today. If yes, then the earnings by the JTiasa could be affected. Anyone can shed a light on this?

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 15:42 | Report Abuse

The health care sectors earning each second pocketing tonnes of millions never afraid of windfall tax meanwhile sawit retailers just sold off their Kancil pending for brand new X 50 landing from the sky. Goverment suddenly declare windfall tax, what ll happen during this covid 19 when ur profit gone away b4 putting into ur pocket? Us CBP still banning our taiko FGV. D u think government esp Johor state needing their FGV retailers votes coming G-15?

Wakakakaka



FlyingElephant Im just wondering if CPO price is above a certain threshold, do they need to pay windfall tax to the government? It used to be this way not sure if the ruling still persists today. If yes, then the earnings by the JTiasa could be affected. Anyone can shed a light on this?

Invest_888

1,060 posts

Posted by Invest_888 > 2020-11-05 17:15 | Report Abuse

Last minute bought 77.5 cent bcs palm oil price momentum and volume are present. If can't earn money you guys can blame calvintaneng here but take your own risk.

Posted by MuttsInvestor > 2020-11-05 20:23 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/2019-12-17-story248825-Primary_Industries_Ministry_optimistic_about_CPO_windfall_tax_says_minister.jsp ............. READ this about Windfall Tax. Industry players may LOBBY (DUMNO) to Postpone this JUST like Sales Tax on Vehicles .

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 21:02 | Report Abuse

No wonder PH collapsed so fast
Wakakakaka

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-11-05 21:54 | Report Abuse

JTIASA IF NO MORE PPE MARK DOWN MIGHT EVEN OUT-DO CHIN TECK

A POWERFUL BULL RUN IN PALM OIL STOCKS HAS COMMENCED: CHINTECK FANTASTIC RESULTS SHOW THE WAY, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-11-05-story-h1535654774-A_POWERFUL_BULL_RUN_IN_PALM_OIL_STOCKS_HAS_COMMENCED_CHINTECK_FANTASTIC.jsp

Woodswater

3,778 posts

Posted by Woodswater > 2020-11-05 22:10 | Report Abuse

I remembered during Calvin made call on O&G
Later Dayang, petra Energy, Carimin, Uzma ( F4 of O&G) 1 month probably shot like no 2molo

Now seems palm oil coming the way after crazy of gloves F4

Cheers
Tqvm to Calvin
A great master of investment in KLCI without selfishness and hidden gem.

Wakakakaka

Mabel

23,919 posts

Posted by Mabel > 2020-11-05 22:37 | Report Abuse

I agree. Thank you Calvin!

You are real Darling...

Mabel

23,919 posts

Posted by Mabel > 2020-11-05 22:38 | Report Abuse

Congrats to all Jtiasa Supporters

Fantastic Day for all Farmers..

Prevailing CPO Price as of yesterday is RM 3354. Cost of producing is between RM 1500-1800. This will be good for our farmers. So we expect more movements in this counter due to feel good effect on the latest Indian Oil Palm Contract, Bullish FCPO (Jan FCOP has already breaches RM 3,144), current CPO prices plus the feel good effect of 2021 Budget which will be tabled tomorrow.

Well done Everyone !

Meow Meow Meow

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-06 08:21 | Report Abuse

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

45,527 posts

Posted by Mikecyc > 2020-11-06 08:22 | Report Abuse

Share capital : 977,402,000

Loans : 802,160,000

Gearing Ratio : 0.82

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-06 08:23 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-11-06 11:20 |

Post removed.Why?

San8turbi

48 posts

Posted by San8turbi > 2020-11-06 14:08 | Report Abuse

is it you guys; working as accounting in all those company >?are you bank consalting EXP The Mikey ??

fruitcake

822 posts

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

slipped on a banana peel

Kang Yao

558 posts

Posted by Kang Yao > 2020-11-06 15:15 | Report Abuse

Mikecyc , Just look at their cash flow statement of FY2020

Operating Cash Flow after paying interest:181mm
capex: -13mm
Financing: -143mm
Nett: still got 25mm (thought 2019 is a bad year)

I think most plantation company are in huge debt as its a milk cow for 15-18 years. Their cash flow will be able to cover in long term. If Jtiasa is net cash company, the share price would be multiple now....

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-06 15:28 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-06 15:29 | 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

45,527 posts

Posted by Mikecyc > 2020-11-06 15:30 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2020-11-06 15:31 |

Post removed.Why?

choobee

19 posts

Posted by choobee > 2020-11-07 00:21 | Report Abuse

That’s why I like Jaya Tiasa (4383)
Current price RM0.765
Target price RM1.55
Jtiasa is a sarawak palm oil and timber company controlled by Tan Sir Tiong Hiew King. It owns 69,589 hectares (171,958acres) fully matured palm oil plantations in Sarawak.
In the financial year of 2016, Jaya Tiasa made a profit of RM82millions or 5.6 earning per share. In the same year the highest share price of Jtiasa was RM1.79. The cpo average selling price of the year is RM2,770 or average ffb selling price of RM543. Plywood prices of the same year stand above USD500+ per sheet.
In the financial year 2020, Jaya Tiasa made a loss of RM129millios or loss per share of 7.45cents. In the same year the highest share price was RM1.12. The cpo average selling price is RM2,177 or average ffb selling price of RM420. If we read the last quarter result of Jtiasa, it made a loss of RM36millions, but in fact excluded the one time impairment of timber session, it actually made a profit of RM62millions in just one quarter! Besides that, Jtiasa achieved net cash flow of RM181millions and debt reduced by RM160millions in the same year.
In the latest Jtiasa annual report, we also found that Dynaquest’s super investor Mr Neoh Soon Kean emerged as top thirty shareholder of Jtiasa holding 2,373,000 shares while another super investor Mr Kong Goon Khing emerged as top thirty shareholder who held 16,000,000 shares. (Mr Kong is also the 4th largest shareholder of another palm oil company - TDM Berhad.)
Jtiasa is recovering drastically in 2020 after making a few years of losses. The recovery is due to plywood price recovering to above USD519 per sheet in Oct 2020 and CPO price recovering to over RM3,300 as at 6th Nov 2020. Without considering the impairment, the actual profit of Jtiasa in year 2020 should be above RM120millions. The management is very smart to use a financial method to save at least RM30millions tax expense for Jtiasa in 2020!
In a nutshell, we are expecting Jtiasa to make a net profit of RM150millions in financial year 2021or forward PE of just 5.06times. So we fix a target price of RM1.55 or target PE of 10times for the financial year of 2021. We are expecting Sarawak state election in 2021 and Jtiasa could lead Sarawak themes play, while a favourable pricing of CPO in next few months due to supply reduction and also higher selling price of plywood due to the US election. (Citizens bought plywood to seal their shop in case of riot due to public unhappiness towards the presidential poll result.)

choobee

19 posts

Posted by choobee > 2020-11-07 00:25 | Report Abuse

That’s why I like Jaya Tiasa (4383)
Current price RM0.765
Target price RM1.55

为何我喜欢Jaya Tiasa (4383https://www.facebook.com/HollandStock/posts/4633335180041605
现价:0.765
目标价:1.55
Jtiasa是一家由丹斯里张晓卿控制的砂拉越棕榈油和木材公司。它在砂拉越拥有69589公顷(171958英亩)完全成熟的棕榈油种植园。
在2016财政年度,Jaya Tiasa盈利8200万令吉或每股5.6分。同年,Jtiasa的最高股价为1.79令吉。该年的CPO平均售价为RM2,770 ; 鲜果串平均售价为RM543。同年的夹板价格超过每sheet 500美元以上。
在2020财政年度,Jaya Tiasa亏损1.29亿令吉或每股7.45分。同年的最高股价是RM1.12。 CPO的平均售价为RM2,177 ;鲜果串的平均售价为RM420。如果我们阅读Jtiasa的最后一个季度业绩,它亏损了3,600万令吉,但实际上不包括木材交易的一次性减值,实际季度盈利为6,200万令吉!除此之外,Jtiasa在同年取得了1亿8100万令吉的净现金流量,以及减少了1亿6千万令吉的债务。
在最新的Jtiasa年度报告中,我们还发现Dynaquest的超级投资者梁孙健老师成为Jtiasa持有2,373,000股股票的前三十名大股东,而另一位超级投资者Kong Goon Khing成为了持有16,000,000股股票的前三十名股东。 (孔先生也是另一家棕榈油公司TDM Berhad的第四大股东。)
在经历了几年的亏损之后,Jtiasa在2020年实现了大幅度的复苏。该复苏是由于夹板价格在2020年10月恢复到每sheet 519美元以上,而CPO价格在2020年11月6日恢复到3,300令吉以上。如果不考虑减值,Jtiasa在2020年的实际利润应超过1.2亿令吉。管理层非常聪明,可以使用财务方法在2020年为Jtiasa节省至少3000万令吉的税款!
简而言之,我们预计Jtiasa在2021财政年度将会实现1.5亿令吉的净利润,或预测市盈率仅为现股价RM0.765的5.06倍市盈率。因此,我们将2021财政年度的目标价格设定为1.55令吉或10倍的市盈率。我们预计2021年砂拉越州选举Jtiasa可能会成为砂拉越的主题股,同时由于供应减少的原因未来几个月对CPO的价格有利。 由于美国大选,夹板的销售量大涨,夹板的售价也提高了。 (由于担心大众对总统选举结果感到不满,市民购买了夹板以密封商店,以防发生骚乱。)

Posted by MonkeySeeMonekyDo > 2020-11-07 02:48 | Report Abuse

Why whatsapp when there S T O C K B I T to discuss. what la bro

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