JAYA TIASA HOLDINGS BHD

KLSE (MYR): JTIASA (4383)

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Last Price

0.595

Today's Change

0.00 (0.00%)

Day's Change

0.59 - 0.60

Trading Volume

2,037,200


14 people like this.

10,251 comment(s). Last comment by MrPatience 7 hours ago

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

probably wait for CPO prices to calm down first stable dulu
baru HOOT9E
that fed rate hike anytime BAM BAM down down

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

this month i also no eye see, index red red red....
everything also drop......
average down or cutloss.... hard to win.....

Posted by MrPatience > 2 months ago | Report Abuse

The biggest catalyst will be arrival of foreign labour to harvest, Sarawak is facing serious labour shortage.

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

foreign labour kena sent back... that was the latest news i think

Posted by TraderAlways > 2 months ago | Report Abuse

Jtiasa downtrend for 10 years already, not only now,

Posted by MrPatience > 2 months ago | Report Abuse

too bad we are too dependant on foreign labour. a hard lesson for the plantation sector... What a waste of planting effort all these years...

skoh888

876 posts

Posted by skoh888 > 2 months ago | Report Abuse

Every once in a while it jumps to above rm1.00 and catches may inexperienced investors and lock them up for another 10 years

skoh888

876 posts

Posted by skoh888 > 2 months ago | Report Abuse

Jtiasa and subur tiasa are the worst plantation stocks to own...all those who have been in the mkt since the 1990s will tell u

skoh888

876 posts

Posted by skoh888 > 2 months ago | Report Abuse

If not just look at the charts

skoh888

876 posts

Posted by skoh888 > 2 months ago | Report Abuse

Sad to say you wont even see rm1.00 by year let alone calvin taneng's target of rm3.00

skoh888

876 posts

Posted by skoh888 > 2 months ago | Report Abuse

I already warned early about Jtiasa in my article and also after the recent results were released

danny123

1,129 posts

Posted by danny123 > 2 months ago | Report Abuse

0.30 cents coming soon when Cpo go to 4000 next yr

danny123

1,129 posts

Posted by danny123 > 2 months ago | Report Abuse

Calvin run away already.

CON people

CITADEL

1,858 posts

Posted by CITADEL > 1 month ago | Report Abuse

let's see what article Calvin gonna write this time

danny123

1,129 posts

Posted by danny123 > 1 month ago | Report Abuse

He is selling but he make a call to buy.

CON

Posted by StartOfTheBull > 1 month ago | Report Abuse

Now dropped to original price, cannot drop anymore. Haha

Posted by OctaneGoh88 > 1 month ago | Report Abuse

He at TSH now...

Posted by MrPatience > 1 month ago | Report Abuse

https://www.theborneopost.com/2022/05/20/len-talif-forest-management-u...

Anyone speaks to Jayatiasa about progress on obtaining FMU license?

hoot9e996

1,518 posts

Posted by hoot9e996 > 1 month ago | Report Abuse

got see palm oil price??? damn crushed so hard

skoh888

876 posts

Posted by skoh888 > 1 month ago | Report Abuse

RM3.16 target price on April 2022...earnings he forecasted totally missed the mark. After results out I highlighted to sell even at RM0.79 as earnings missed completely, even the most pessimistic earnings call, Calvin said no worry, sure ok one. Well it's now 2.5 months later and it's RM0.63. This is a fact

Posted by MrPatience > 1 month ago | Report Abuse

@skoh888 how do you work out how much Jtiasa worth?

skoh888

876 posts

Posted by skoh888 > 1 month ago | Report Abuse

@mr patience...I honestly would not buy JTiasa as there are many much better plantation stocks to buy. So when it was above Rm1.00 together with Subur Tiasa were very good levels to sell

skoh888

876 posts

Posted by skoh888 > 1 month ago | Report Abuse

Sorry to be a downer as you are probably losing some money if you are still holding Jtiasa but it's my honest opinion

Posted by MrPatience > 1 month ago | Report Abuse

@skoh888 it's okay, just want to know how you work out the price of ~RM1.00.

Many people speculate different TP, but it doesnt helps at all. since well managed plantation counter KLK TAANN SOP BPLANT price has all retract significant following the downtrend CPO price.

And after staying in the forum for more than a year, its common when Jtiasa price goes up, all those voice bashing Calvin vanish, when price comes down, the teasing and laughing voice return. But it doesnt help at all, just pure emotional revenge on others, lose-lose for all.






hoot9e996

1,518 posts

Posted by hoot9e996 > 1 month ago | Report Abuse

aiyo who would expect CPO price to crash so hard..... thought it would maintain above 5000 cuz on demand and supply

VTrade

2,009 posts

Posted by VTrade > 1 month ago | Report Abuse

Hah?? 1year?
Up and down ?

Posted by MrPatience > 1 month ago | Report Abuse

Jayatiasa Current Market cap is around 608million, cash 218million , total debt 634mm

Enterprise Value = 608 + 634 - 218 = 1.028Billion

Jayatiasa has 64,022 Hectare (~158,000 acre) of Palm Oil plantation in Prime Age.
Assuming their forestry asset, factory etc worth zero.
So If a generous investor buy the whole Jayatiasa at 1.2B, he will be paying RM7,600 per acre.

How much is agriculture land selling in Sarawak per acre?

Posted by humblechung > 1 month ago | Report Abuse

good

Posted by MrPatience > 1 month ago | Report Abuse

News reported mills are reluctant to buy FFB from plantation estate that sells to them at 6000+ (monthly avg) as the market price crash to 4600+.

Wonder if this would result in shortage, and benefit player who runs both plantation and mill.

PlantBull

91 posts

Posted by PlantBull > 1 month ago | Report Abuse

@mrpatience.. I think it will benefit those who run plantation and mill...

joyvest

7,023 posts

Posted by joyvest > 1 month ago | Report Abuse

As said, the cheapest has yet to come. it is expected that the price will continue to fall fast and furious for the rest of the months till end of this year

joyvest

7,023 posts

Posted by joyvest > 1 month ago | Report Abuse

correct, the value of the hectares land is worthless , they can not be turned into developments as easy as you and me thought considering the low density of population , weak purchasing power , remoteness of the areas etc etc . Besides , Sarawak has huge coverage of land with poor infrastructure. Development in the remote areas with extremely population density is not feasible and workable. Basically , its NTA is far fetching which can be ignored

speakup

18,866 posts

Posted by speakup > 1 month ago | Report Abuse

Koon already finish pump & dump
what u guys still doing here?

VTrade

2,009 posts

Posted by VTrade > 1 month ago | Report Abuse

If boleh stable at 70c cantik

Posted by MrPatience > 1 month ago | Report Abuse

@joyvest, I am not evaluating its land value for development, but against CPO output vs others player

Posted by MrPatience > 1 month ago | Report Abuse

@speakup What are you still doing here as Koon is not here.

Posted by MrPatience > 1 month ago | Report Abuse

enterprise value = Market cap - cash + Debt

Posted by MrPatience > 1 month ago | Report Abuse

CPO avg price for Sarawak close out at 5700.
If June qtr output maintain same as May, The coming Q4 result likely be close to Q2 which generate ~100 million in free cash flow.

Sigh, when can labour issue be resolved... its moving into peak season now.

joyvest

7,023 posts

Posted by joyvest > 1 month ago | Report Abuse

Based on DCF , it is worked out about RM 1300- 1500 per acre , which remains to be profitable assuming the Market value per acre of plantation in the region of 10K- 20k could be fetched.

Posted by MrPatience > 1 month ago | Report Abuse

@joyvest how much Free Cash Flow are you projecting annually after CPO price normalised?

joyvest

7,023 posts

Posted by joyvest > 1 month ago | Report Abuse

One year ago, the CPO price was in the region of 3800-4000 , one year later which is now , is about RM 4600 . In percentage wise, it is just increased by 22 %. It is projected that the CPO price will continue to fall even below the CPO of one year ago. On this basis, the CF is not going to improve but to exacerbate beyond your imagination and so is the value of the Company.

Posted by MrPatience > 1 month ago | Report Abuse

I dunno where CPO price will be heading, but I dont think it will get back to 2000 unless oil price crash down to 30usd and supply of edible oil goes up. Usually in inflation scenario, dairy stocks will goes up, like canned food, bread, magenrine, butter, biscuitte, which required vegetable oil to process.

even the CPO price goes up, with labour shortage, its still an issue.

PlantBull

91 posts

Posted by PlantBull > 1 month ago | Report Abuse

has edible oil shortage been resolved? supply and demand should dictate the price of cpo.

joyvest

7,023 posts

Posted by joyvest > 1 month ago | Report Abuse

India , one of the largest consumers will continue to look for other substitutes cos they consider CPO is too expensive for them, hence it affects the demand . Secondly , Indo, the largest CPO producers will continue to increase their export of CPO ,hence increasing the supply. Thirdly, the cost of living is increasing as a result of inflation. To counter inflation, the interest rate is expected to be increased gradually . Hence demand of CPO is expected to be reduced. With these, the CPO price is expected to fall if not stagnant in months to come ..

calvintaneng

47,892 posts

Posted by calvintaneng > 1 month ago | Report Abuse

JTIASA FFB FOR APRIL & MAY INCREASED PLUS CPO AT HIGHEST RM7400 WILL SEE RECORD EARNINGS IN AUG RESULTS

WITH 206,000 ACRES PALM OIL
A WHOPPING 1.9 MILLION ACRES OF FOREST CONCESSION LANDS

FARM LANDS OR PALM OIL: VIEWS FROM BILL GATES, JEFF BEZOS & WARREN BUFFET, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-05-story-h4956...

abcb

2,573 posts

Posted by abcb > 1 month ago | Report Abuse

CPO slump below 4,000/tonne

abcb

2,573 posts

Posted by abcb > 1 month ago | Report Abuse

Continue to drop by tomorrow

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