Posted by hoot9e996 > 2022-06-21 10:01 | Report Abuse

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

Posted by skoh888 > 2022-06-22 16:18 | Report Abuse

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-04-02-story-h1620618612-JAYA_TIASA_4383_IS_NOW_OVERSOLD_RESULTS_WILL_BE_GETTING_BETTER_TIME_TO_

Posted by skoh888 > 2022-06-22 16:23 | 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 > 2022-06-22 16:43 | Report Abuse

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

Posted by skoh888 > 2022-06-22 16:59 | 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

Posted by skoh888 > 2022-06-22 17:00 | 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 > 2022-06-22 17:33 | 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.

Posted by hoot9e996 > 2022-06-22 18:02 | Report Abuse

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

Posted by VTrade > 2022-06-22 23:49 | Report Abuse

Hah?? 1year?
Up and down ?

Posted by MrPatience > 2022-06-23 13:45 | 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 > 2022-06-25 16:55 | Report Abuse

good

Posted by MrPatience > 2022-06-28 14:26 | 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.

Posted by PlantBull > 2022-06-28 20:20 | Report Abuse

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

Posted by joyvest > 2022-06-29 09:27 | 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

Posted by joyvest > 2022-06-29 09:44 | 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

Posted by speakup > 2022-06-29 09:46 | Report Abuse

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

Posted by VTrade > 2022-06-29 10:07 | Report Abuse

If boleh stable at 70c cantik

Posted by MrPatience > 2022-06-29 13:42 | Report Abuse

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

Posted by MrPatience > 2022-06-29 13:42 | Report Abuse

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

Posted by MrPatience > 2022-07-01 09:07 | Report Abuse

enterprise value = Market cap - cash + Debt

Posted by MrPatience > 2022-07-01 09:11 | 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.

Posted by joyvest > 2022-07-01 11:17 | 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 > 2022-07-01 15:52 | Report Abuse

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

Posted by joyvest > 2022-07-01 17:00 | 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 > 2022-07-03 20:35 | 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.

Posted by PlantBull > 2022-07-05 10:27 | Report Abuse

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

Posted by joyvest > 2022-07-05 15:09 | 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 ..

Posted by calvintaneng > 2022-07-05 23:59 |

Post removed.Why?

Posted by abcb > 2022-07-06 20:39 | Report Abuse

CPO slump below 4,000/tonne

Posted by abcb > 2022-07-06 23:01 | Report Abuse

Continue to drop by tomorrow

Posted by 914601117 > 2022-07-07 09:26 | Report Abuse

Why i3 investor so lousy, cannot post photo or chart in jpeg?

Posted by calvintaneng > 2022-07-07 12:56 |

Post removed.Why?

Posted by MrPatience > 2022-07-09 15:08 | Report Abuse

how come Indonesia shift from export ban to flooding the market in just over a short period?

Posted by calvintaneng > 2022-07-10 22:19 |

Post removed.Why?

Posted by calvintaneng > 2022-07-10 22:20 |

Post removed.Why?

Posted by MrPatience > 2022-07-18 16:12 | Report Abuse

With last month productionstatistic out, coming quarter Free Cash Flow estimate ~ 100million. pretty good. net debt could be further par down to ~300 million

Posted by danny123 > 2022-07-18 18:51 | Report Abuse

Calvintaneng
Very dangerous person , rm 1 also ask people buy.
PROMOTER

Posted by calvintaneng > 2022-07-18 20:54 |

Post removed.Why?

Posted by calvintaneng > 2022-07-18 20:55 | Report Abuse

Correction:

Actual figures

Exceeded by 26% extra and not 20%

Posted by calvintaneng > 2022-07-19 00:21 | Report Abuse

Grab some now before Giant treasure run up again

Posted by joyvest > 2022-07-20 07:44 | Report Abuse

(July 19): Palm oil, the world’s most consumed cooking oil, may extend its slide, tumbling more than 20% to RM3,000 a tonne by September, driven by surging supplies in Indonesia, said veteran analyst Dorab Mistry.

Inventories in top exporter Indonesia have swollen to 10 million tonnes and will continue to increase in August because of high production, before stabilising at around 9-10 million tonnes in September, Mistry, director at Godrej International Ltd, said in an interview on Tuesday (July 19).

“They are chock-a-block with palm oil,” he told Bloomberg TV. “Barges, ships, everything is being used to store palm oil. Whatever is done by the government is too little and too late.” In May, Mistry correctly predicted an earlier price slide, saying that Indonesia easing its export ban was only a matter of time.

Posted by joyvest > 2022-07-20 07:45 | Report Abuse

Cpo price is expected to plunge as previously warned.

Your ignorance is greater than your loss...

Posted by joyvest > 2022-07-20 07:48 | Report Abuse

Dangerous or wise move to buy at your own risk...

Assuming it is bought at 1.00 ,its already 40% down by today...

The cheapest has yet to come....

Posted by calvintaneng > 2022-07-20 15:48 |

Post removed.Why?

Posted by MrPatience > 2022-07-21 10:06 | Report Abuse

It would be nice if Jtiasa just utilized 200mm to par down debt and pay 100million on dividend. that's about 10sen a share.

When are they going to get their approval on timber export?

Posted by MrPatience > 2022-07-21 10:15 | Report Abuse

Here's something interesting.
https://www.thestar.com.my/aseanplus/aseanplus-news/2022/06/25/indonesian-palm-oil-farmers-call-for-removal-of-local-sales-rules

The ban was eventually lifted because of the pain it caused an industry that employs 17 million workers and with farmers complaining the policy had caused FFB prices to plunge 70%.

So won't cutting the levy and lift export curb causes the FFB price to plummet more and make life even more difficult for the small farmers?

Posted by danny123 > 2022-07-22 19:15 | Report Abuse

Calvin, how come u every day dream of the company div ?

Dont you know that this company is not well managed.

You pretend to be dont know or keep dreaming since last year.

Dont Con people.

Posted by calvintaneng > 2022-07-23 21:27 |

Post removed.Why?

Posted by calvintaneng > 2022-07-27 16:10 |

Post removed.Why?

Posted by danny123 > 2022-07-27 17:33 | Report Abuse

Calvin, very bad management company will give u good result

U still dreaming in Sing