Posted by brianklc > 2021-11-24 23:29 | Report Abuse

They bet against the market.

Posted by brianklc > 2021-11-24 23:30 | Report Abuse

They will be in the right direction if they don’t gamble away their profit.

Posted by calvintaneng > 2021-11-25 05:20 |

Post removed.Why?

Posted by brianklc > 2021-11-25 07:31 | Report Abuse

Calvin, now jtiasa is in diff territory. During CPO bull run, jtiasa showing this kind of results. How high u expect CPO to achieve? As expensive as gold?

Posted by calvintaneng > 2021-11-25 07:57 | Report Abuse

Jtiasa at 70.5 sen making 2.5 sen is ok

See IOI at Rm3.77 only made 4.45 sen

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3212198

Posted by vcinvestor > 2021-11-25 08:46 | Report Abuse

you cannot apply this kind of half past six analysis comparing two completely different businesses. JTIASA = pure planter of CPO, IOI is integrated upstream and downstream from planting to oleochemicals and specialty fats.

IOI's plantation results were solid, +50% operating margin. Most of their CPO is sold as feedstock to their downstream segments, which cannot pass on the increased feedstock prices to buyers, hence profitability was dragged by the downstream.

What was JTIASA's operating margin (palm oil only)? Less than 30%. That tells you all you need to know about their ability to manage palm oil estates. I've said it before, they need to sweat their assets more.

JTIASA missed the golden opportunity of once in a lifetime bull CPO market. Every other planter that is semi competent at running their plantations is reporting 2x - 3x profit. This joker can barely sustain y-o-y performance. Thats all.

Posted by calvintaneng > 2021-11-25 08:53 |

Post removed.Why?

Posted by vcinvestor > 2021-11-25 08:54 | Report Abuse

i don't need to wait. i don't hold this counter

Posted by calvintaneng > 2021-11-25 08:56 | Report Abuse

Ok in that case got these ones to buy

TAANN : 20 sen dividend
BPLANT : 1.75 sen dividend
THPLANT: P/E forward 6.06

SOP Results out soon
See if better?

Posted by ahbah > 2021-11-25 08:57 | Report Abuse

I Just buy some onli.

Posted by trading2019 > 2021-11-25 09:13 | Report Abuse

I bought Jtiasa last week at 0.67 because I'm hoping it will benefit from this recent news, " timber-related products exports to hit RM24b next year."

Posted by ahbah > 2021-11-25 09:15 | Report Abuse

Veri chip now ?

Posted by brianklc > 2021-11-25 09:28 | Report Abuse

Dumped at 680, good luck everyone

Posted by Hoot9e > 2021-11-25 09:31 | Report Abuse

me dump too....

Posted by mkmike > 2021-11-25 09:34 | Report Abuse

Good time to flush the shit off.

Posted by markgold > 2021-11-25 09:37 | Report Abuse

That is why I prefer small plantation stock with good management eg MHC and CEPAT.

Posted by I_like_dividend > 2021-11-25 09:48 | Report Abuse

Dividend 0? Why chase high?

Posted by joerakmo > 2021-11-25 09:50 | Report Abuse

Management is key!!
There are other low hanging fruits in the sector and easier pickings

Posted by Kang Yao > 2021-11-25 09:50 | Report Abuse

Though revenue is down q2q.
But if dig down to look at the cash flow, That's a different picture

Free Cash Flow from 20Q2 > 21Q4
23,133 4,792 35,020 47,125
*FY20 q3/q4 incurred futures loses

With short of labor and record low harvest, they generate 47mm free cash flow.
finance cost of 8mm, net would be 39mm
if maintained for 4 qtrs, thats 160mm free cash flow (on the back of mere 656mm debt)

Let's see if production ramp up in coming months with labour inflow.

Posted by Kang Yao > 2021-11-25 09:50 | Report Abuse

anyone attending agm? Calvintaneng?

Posted by Berlin > 2021-11-25 11:09 | Report Abuse

I think Calvintaneng is lost in some palm oil estate in Sarawak searching for Giant Treasure. Not able to attend AGM.

Posted by kelvin61 > 2021-11-25 11:39 | Report Abuse

That is exactly why more than 95% of market players lose money. They are followers and not leaders. They are always playing contra and chasing stocks in play regardless of the price valuation. In the present market sentiment in Bursa, most counters are dropping daily so why complain about JTIASA here. Plenty of stocks to buy so go to other counters that you feel have better prospects. So easy, no need to moan and groan and talk 3 talk 4 here. Won't make a difference to the share price even if you did buy. Only the big boys can move share prices.

Posted by calvintaneng > 2021-11-25 11:48 | Report Abuse

All smart strong hands picking up bargains

Posted by kelvin61 > 2021-11-25 12:05 | Report Abuse

@ calvintaneng. That is correct. Those chasing high flyers are burnt if they are dabbling in ATAIMS. Today, limit down. So, chasing shares above their price valuation is commiting suicide. Buy at bargain prices and hold. This strategy only requires patience. Of course if it pays dividend like BPLANT and TAANN even better, cheers.

Posted by CCWONG > 2021-11-25 14:05 | Report Abuse

All oil palm companies have their own other specialties beside the main oil palm core business.

If FCPO & CPO market prices are good (>3,500.00/ton) & total all-in costs (Mother of all Costs) in producing the CPO is 2,000.00/ton to 2,500.00/ton including tax, tax, etc, the pretty margin of 1,000.00/ton to 1,500.00/ton is excellent profit/money to them.

Laughing to the banks.

Time will tell.

Posted by Hoot9e > 2021-11-25 14:46 | Report Abuse

haha... what a Giant Treasure

Posted by PlantBull > 2021-11-25 16:33 | Report Abuse

look forward to the improvement. Upcoming quarter will be better and better! Profitable CPO price will sustain for awhile.

1) Indonesia working to reduce CPO exports and using CPO for themselves to make value added products.

2) Usage of biodiesel will increase especially for energy sector.

3) Weather is getting bad lately and droughts are happening everywhere affective crops.

Posted by calvintaneng > 2021-11-25 20:38 |

Post removed.Why?

Posted by danny123 > 2021-11-25 21:56 | Report Abuse

PROMOTER , pl go and buy more for yourself

Dont get Con by him

Posted by PlantBull > 2021-11-26 08:34 | Report Abuse

The share price already so low.... how to underperform?? PE of 6 or 7 is considered underperform? kekeke go see other counters fry until mother cant recognize but profit how much?? not even positive...

Posted by yc88 > 2021-11-26 09:31 | Report Abuse

PROMOTER, super cheap sales now... why volume so little only.. buy lah, don't talk only, no action.

Posted by calvintaneng > 2021-11-26 10:42 | Report Abuse

We are to be fearful when others are greedy
And to be greedy when others are fearfully selling
-- Warren Buffet

Posted by Citadel123 > 2021-11-26 10:50 |

Post removed.Why?

Posted by Kang Yao > 2021-11-26 11:02 | Report Abuse

broad panic selling is on the way, whats the rush catching now? wait till Jtiasa drops below 60 sen lah

Posted by yc88 > 2021-11-26 11:07 | Report Abuse

below 60, why? below 50 la... below 40 la.. better below 10... wait but no action.. tok cok, syiok sendiri only...

Posted by Hoot9e > 2021-11-26 11:20 | Report Abuse

walau.... share keep drop ... director is sleeping in agm today kah....

Posted by kelvin61 > 2021-11-26 12:44 | Report Abuse

This not about JTIASA but the whole market sentiment that is dying due to Turtle Egg gomen screwing up. With green horn Finance Minister pluck from CIMB to run the country sure die loh. They don't have any ideas to spur the economy and share market but announced foolish new requirements that will increase the cost of trading. So, this is what is happening. Open your eyes and see the whole market sentiment and talk less nonsense here.

Posted by PlantBull > 2021-11-26 15:43 | Report Abuse

@kelvin61 sad but true :')

Posted by calvintaneng > 2021-11-26 15:56 |

Post removed.Why?

Posted by xiaoeh > 2021-11-26 16:00 | Report Abuse

When there are ppl willing to share what they know and contribute what they have and dare to share what they have in mind, shouldn't we appreciate?
But on the other hand, there are mockers have nothing to contribute but to keep teasing those who willing to share, in the end no one is willing to contribute is this what we want?

Posted by Mabel > 2021-11-26 18:56 | Report Abuse

Cheers up Team

We are dealing with an industry that feed 8 billion people across the planet.

The global market for Palm Oil estimated at US$42.8 Billion in the year 2020, is projected to reach a revised size of US$57.2 Billion by 2026, growing at a CAGR of 5% over the analysis period. Palm oil is a very productive crop. It offers a far greater yield at a lower cost of production than other vegetable oils. Global production of and demand for palm oil is increasing rapidly

The global production of palm oil was around 75 million metric tons in the marketing year 2020/21, at par from approximately 76 million metric tons in 2019/2020. In that period, Indonesia and Malaysia were the leading exporters of palm oil worldwide. Indonesia accounted for 57% of this (43 million tonnes), and Malaysia produced 27% (22 million tonnes).

The biggest consumers of palm oil are India, the European Union, and China, with the three consuming nearly 50% of world exports.

Palm Oil yields 4-10 times more oil per hectare than other sources of vegetable oil such as soybeans or coconut palms. This makes it an efficient and profitable use of land. The economic value of palm oil translates into jobs, infrastructure and tax revenues. The palm oil yield per hectare is estimated at 8 tons per year at most. Additionally, the profit farmers make per hectare is around 3.4 tons per year. So it’s a good business if managed properly..

To Our Success !

Meow

Posted by danny123 > 2021-11-26 19:53 | Report Abuse

Kelvin 61,pl go and learn how to read/ see the market.

No one can teach u

Posted by Mabel > 2021-11-28 20:58 | Report Abuse

FCPO price for December 2021 is still moving up to all time high RM 5,900..

FCPO Chart Momentum is still Bullish...

To Our Success

Meow

Posted by calvintaneng > 2021-11-29 03:10 | Report Abuse

Jaya Tiasa = Giant Treasure

Now is the time to buy more on weakness

Posted by stockraider > 2021-11-29 07:26 | Report Abuse

All of us know that plantation share traded at huge discount to its historical PE valuation, despite reporting earth shattering record profit due to very strong record cpo prices, but bcos of ESG concern( that are actually unfounded} the mkt is ignoring palmoil stock loh!

Thus as a savvy investors, we need to be Contraian & rational loh!
If funds ignore palmoil stock, thus we can pick it up as a bargain as its fundamental are good investment mah!

Contraian Investor will enjoy good earnings & strong dividends which is the main basic fundamental of all investment in share mah!

Just think logically lah....u actually invest in stock for income mah....not really invest bcos of ESG lah!

Even if u r the minority who invest base on ESG as a sole criteria, if the investment do not generate good return in the long run, u r still screwed mah!

Palmoil is a food & and industrial product....the most efficient vege oil & fats input in the world mah!

Suppose u do not use palm oil & use soya oil instead as an alternative....u need to plant 8x more land to produce the equivalent palmoil mah!

But then soya oil will have even more ESG concern than palmoil mah!

Just imagine At the end, the world wil be paying more for vege oil & fats at the same time degrade the environment even more loh!

Thus it is only logical that the ESG concern on palmoil stock are unfounded given they are no better alternative for better oil & fats thus palmoil is still the best mah!

Thus rationally if u invest in palmoil stock u are protected the ESG, bcos it is the most efficient, at the same time u earn super decent dividend mah!

Furthermore u r well protected from inflation bcos plantation is a proxy of investing in cheap land...a very scarce resources mah!
in this world loh!

Unless u want to migrate to MARS to find new land loh!

Lu Tau Boh ?

Posted by calvintaneng > 2021-11-29 08:07 |

Post removed.Why?

Posted by Kang Yao > 2021-11-29 09:21 | Report Abuse

partially match at 0.585.......

Posted by Youngkid > 2021-11-29 09:25 | Report Abuse

Weird , drop like no tomolo!

Posted by Kang Yao > 2021-11-29 09:28 | Report Abuse

ESG only applies to US and EU, india china dont give a shit on ESG. lol

Posted by Sansing > 2021-11-29 09:34 | Report Abuse

Aya! Operators want to collect cheap2 so create bad news lol ! . Look at gloves counter will reveal theirs bad intention