Ta Ann also good. It has both lumber and palm oil like J Tiasa.
With Ongoing El Nino Moving into Year 2016 & possibly year 2017 Palm Oil Prices Will Skyrocket Upward like it did in Year 1997/98.
Calvin prefers JTiasa more than Ta Ann as JTiasa is selling at 35% DISCOUNT BELOW NTA of Rm1.85.
I like Margin of Safety like I like driving cars with ABS Brake. I also like to bring along life jacket & flash light when going deep sea fishing at night.
At Rm1.18 JTiasa (Giant Treasure) is now a Real Value Buy.
I expect the next One to Two Years Will Propel JTiasa back to over Rm2.50 from which it had fallen.
Palm Oil is cyclical. And the best time to buy is now when it is scraping along the very bottom when Mr. Koon & all the negative publicity have pushed it into OVERSOLD Territory!
Calvin loves Bargains! And Calvin is always on the look out for Bargains!
See
Bought Jaks at 39 cents (near bottom) Jaks now over Rm1.20
Supermax at Rm1.60. Supermax now turned into Superman and crossed Rm2.80 briefly today.
Last time bought Lafarge Cement at 66 cents, UMW at Rm2.40, Tasek Cement at Rm2.90 & CMSB at Rm2.20 (NOW ALL CROSSED RM10.00 & TURNED INTO BLUE CHIP)
I LOVE FORSAKEN BARGAINS! This Is Calvin's forte!!
Calvin, it is really hard to examine ur track record, coz ur writing scatters all around the corners, ppl afraid u simply talk something simply doesnt exist,
why dun u set up a portfolio and update it on a weekly basis, like Bursa Dummy, it is much more easier for ppl to refer to.
U can also gradually build up ur reputation and credit in the field by working this way.
Calvin issued buy call on Jtiasa at RM1.20 & Now Jtiasa dropped to Rm1.15?
So?
This lower price at Rm1.15 is a Christmas present for Calvin.
Why so?
Because Calvin will make even more money later as JTiasa gets cheaper.
Last time Calvin called for a buy on KPS at 50 cents in year 2006 After buying KPS price crashed by 21% to 39 cents. Calvin bought all the way down.
Then in year 2007 KPS?
Kaboom Power Surging
KPS KABOOOOMED TO RM3.94 (KPS Up a Whopping 1,000% in one year!)
Calvin also bought PM Corp at 15 cents. Pm Corp also crashed by 50% to the all time low of 7.5 cents.
Calvin the courageous bought Pm Corp at its lowest at only 7.5 cents. Latest news! Pm Corp announced a Cash Payout of 8 cents.
WOW! Calvin bought Pm Corp at 7.5 cents. Now got Cash Payout of 8 cents
Hmmm?
Let's SEE
8 cents minus 7.5 = half a cent
So Calvin now get back original 7.5 cents paid for Pm Corp
Now Pm Corp is FREE. Plus Already got .5 cents profit or 6% yield.
Calvin called for a buy on Super Enterprize at Rm1.50. Then Super crashed to Rm1.25. So what happened to Super? SUPER WAS TAKEN PRIVATE AT Rm3.80 (UP 200%)
So JTiasa price dropped to Rm1.15 is actually a better buy than at Rm1.20
So Calvin will be queuing at Rm1.15 tomorrow to buy more JTiasa.
Why not?
Calvin loves market crashes. The cheaper the better!
Fully agree with CalvinTang. Just bought this counter at 1.16. J.Tiasa It is already one of the largest palm oil producers in Sarawak. Its output is almost double the combined output from his father's(RSawit)and sister's plantations(Subur). If the Tiong family were to merge all their palm oil plantations,they will probably end up as the six largest palm oil producer in Malaysia,just after IJM. This company has got a bright potential without doubt.
These are the reasons why I like JTiasa more than Ta Ann although both are good.
Ta Ann has shown excellent profit last quarter while JTiasa only reported mediocre profit. Ta Ann has more cash than debt while JTiasa has Rm500 millions borrowing. Ta Ann share price is now on uptrend while JTiasa look like stagnating and weakening.
Since by all appearance & market consensus and figures Ta Ann should be better than JTiasa. Right?
Then why Calvin still prefer JTiasa while ignoring Mr Market who chose Ta Ann instead?
Answer:
1) Calvin has set rule to follow.
Calvin's 3rd Rule is - HE THAT IS LOW NEEDS FEAR NO FALL. I rather chose an undervalue laggard than chase a hot stock which has already run up in price. Capital Preservation is uppermost! Capital gain only come later in priority.
2) I always Buy with at least 30% Discount to NTA as a Margin of Safety. And JTiasa has this Margin of Safety now which falls within my requirement.
3) Although JTiasa has Rm500 million Borrowings It ALSO HAS THE ROCK SOLID BACKING RM1.5 BILLIONS IN BIOLOGICAL ASSETS. And these ASSETS ARE OF MATURING VALUE AS PALM OIL TREES ARE NOW REACHING FRUITING AGE.
So I SEE things differently. I don't count just one or two quarter good earnings or even 1 to 2 years excellent results. I WANT TO SEE THINGS IN THEIR TOTALITY OVER A LONGER PERIOD.
Over a short term I think Ta Ann might perform better than JTiasa - but over a longer period JTiasa should overtake Ta Ann by a Big Margin.
If only others can SEE in the Future what Calvin SEES SO CLEARLY NOW.
We don't invest on the basis of cronism, racialism, Mr Market's opinion or other preferences. We Value Companies As They Are On Its Own Merit Individually.
I am happy to say I added some more JTiasa at Rm1.15 this morning. I will be happy to average down some more on weakness.
JTiasa is only one of the Companies now fallen within my Investment Radar. According to Ongoing Weather Pattern El Nino will only get worse as we move from 2015 to year 2016/7/8.
Last time in year 1997/8 El Nino caused Oil Palm price spike. Same for year 2007/8 when Palm Oil prices surged.
We already witnessed this year - the haze has lasted longer & even at greater intensity for over 3 months in Singapore & Malaysia. And drought in Australia, India & South America are very visible signs of a protracted El Nino pattern going forward.
So let's see in coming months and years how JTiasa will perform.
okie .... i live in sarawak ... i know sarawak more than ah tan. I have to admit i dunno wat is the real value of Jtiasa because i no calculate the value for simple (personal) reason. Anyway, there are a few things i noticed ah tan either dunno about sarawak or has omittedly the related importance information. First, sarawak is a closed state. Meaning nobodi can simply come and buy land, nobodi even a Malaysian can come in and open coffee shop here. Not onli coffee shop, even profesional like doctor or lawyer or accountant are NOT allowed to open servise here. The population of sarawak is veri low. The income per person of sarawakian also veri low. The land might near a highway but the highway itself is very far from town. Each town are far away from another town. Further more the in between the town, there are Nothing. Most part of the highway also has no lamp. Palm oil price is veri low and will stay low for mani mani years. I know ... i am the expert who predicted the crash of both oil and palm oil last year october and also the onli one predicted they will stay low until this year october. Recently, i again have updated the low price will stay LOW until next year december. Regarding the pan borneo highway ... there is NO pan borneo highway. I know, because i live in sarawak mar. All the initial plan has been cancelled. No money, no highway mar. Yes ... the federal has NO money. Now, wat they do is pretending to upgrading (or filling some pothole) over part of the current existent road connecting kuching to sibu. That's about all about Pan borneo highway. CHeers.
Regarding pulau bruit, it has been remain 50 miles from sibu since dinosour era. Pan borneo highway (which is NOW just a new name for old road) does not increase the pulau bruit value. The land value of a land in a bigger town which is nearer to the highway is RM 60 per acre. I know, because i own that land which i bought for at RM 30 per acre 10 years ago. This is just general information about sarawak for fellow i3 comrades. Cheers.
This is the Day That the LORD hath made. We will rejoice and be glad in it
Regards,
Calvin Tan Jurong West, Singapore
One more thing. This year El Nino will damage to soy & maize crops by both drought and flood in Australia, India, North and South America & many parts of the world. As there will be a shortfall of vegetable seed oils Palm Oil will then be in demand like those years of 1996/7/8 & 2006/7/8.
The cycle of nature is found in Ecclesiates Chapter One. Go read you Bible now
flood cause damage to properties and countries and people. People lose money. No money how to buy vegetable oils ? Careful on your conclusions. If no believe ... u can burnt down your house and see u still got money to buy anything or not.
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....
Koon Bee
325 posts
Posted by Koon Bee > 2015-12-09 19:23 |
Post removed.Why?