Calvin Tan is a good-hearted chicken. He clucked out loud and alerted me to Jtiasa which I sold at a loss earlier. So I bought some yesterday at 1.30 and very happy it is moving up. Thank you Calvin and others who believed in Jtiasa. Taikah fatt!
I agree to Calvin's analysis after my study about the Company. Therefore, I bought this counter shares at around RM1.15. The most important is about we do have investment perception and knowledge that could easily understand others' analysis whether their analysis is reliable or not.
Calvintaneng rocks. He has proven record of winners. I bot Jtiasa @ 1.20. He said Supermax @ 2.50 is still cheap. I bot @2.51. He called a buy for NTPM @0.745. I didn't buy. Now queue at 0.83 also cannot get. I have all his other 2016 recommendations and wait for future windfall. Thank you, Calvintaneng!
Since it hit bottomed on 26/8/2015, JTIASA had been registering Higher Lows and Higher Highs and daily transacted volume had been increasing. Based on its Price Volume action, it appears that it is attempting to breakout of sideways consolidation.
i also aim for wtk after compare with jtiasa.. jtiasa is bigger company, but their timber profit drag down by palm oil =X....if cpo price rebound sharply, jtiasa will be good, else just buy wtk for timber play :p
Based on future palm oil price (March 2016) and log price on the uptrend as compared to July 2015, JTiasa share price will be highly potential to be up to RM1.50 in January 2016. Good luck, happy Chrismas and new year !
Although raider like wtk more, but raider would not say wtk better. Jtiasa has its strength too mah:
1) It is the largest timber company. 2) It got the highest hectare of palmoil plantation 3) It is the former market leader of timber company b4 Ta Ann took over.
With this few important point, Jtiasa is poise for market re-rating loh..!!
Btw raider also has exposure in Jtiasa loh....!! One thing good, if Jtiasa move up.. Wtk & Taann will move up too..!!
Based on the Latest output report for Oct and Nov'15
Jtiasa Q2'16 (2 months) MT / Cum3 1) Log output - 155788 2) Fresh Fruit B 168638 3) C Palm oil 21750 4) Palm Kernel 3441
TAAN Q2'16 (2 months) - MT / Cum3 1) Log output - 72531 2) Fresh Fruit B 125413 3) C Palm oil 34654 4) Palm Kernel 6993
Jtiasa is a safe bet compare to Taan for the coming quarterly result. Timber output for Jtiasa is double of Taan for Oct&Nov.
Timber output and sales should be higher than Q1'16. Exchange rate for Q1'16 is 1 usd - RM 4.05 while Q2'16 should be 1 USD to RM 4.25 It is expected to increase profit by 20% due exchange rate alone exclude sales volume increase.
FFB price Q1'16 is RM 364 per MT CPO price Q1'16 RM 2028 per MT Palm Kernel Q1'16 RM 1262 per MT
Based on Oct and Nov'15 data.
FFB price Q2'16 is RM 409 per MT (exclude Dec) CPO price Q2'16 is RM 2120 per MT (exclude Dec) Palm Kernel Q2'16 RM 1569 per MT (exclude Dec)
Expect more surprise fr Jtiasa in coming quarter result compare to Q1'16 Both Timber and Palm oil business expected to show significant improvement for profit compare to Q1'16
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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 > 2015-12-20 15:24 | Report Abuse
Calvin Tan is Chicken Calvin Tan Eng