JAYA TIASA HOLDINGS BHD

KLSE (MYR): JTIASA (4383)

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Last Price

1.18

Today's Change

+0.01 (0.85%)

Day's Change

1.16 - 1.19

Trading Volume

1,355,600


16 people like this.

12,734 comment(s). Last comment by dompeilee 21 hours ago

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-06-14 02:04 | Report Abuse

JTIASA DEBT WAS RM1.5 BILLIONS

STRONG CASH INFLOW PARED DOWN JTIASA DEBT TO ONLY RM200 MILLIONS

RUSH OF CASH LIKE WATER INFLOW WILL ONE DAY OVERFLOWS CASH ACC AND TURN JTIASA INTO THIS > https://www.youtube.com/watch?v=o3E4s59OSLQ

amateurJR

2,366 posts

Posted by amateurJR > 2023-06-14 09:10 | Report Abuse

Haha this calvintaneng still not done with palm oil

speakup

25,307 posts

Posted by speakup > 2023-06-14 12:52 | Report Abuse

Relek lah bang
Speakup buy Jtiasa 70¢ now 62¢, speakup also no blame Calvin. Ultimately buy or no buy is your decision not Calvin's

Posted by Patient Investor > 2023-06-14 21:58 | Report Abuse

i3 is indeed flooded with traders who monitor short term price movement.

amateurJR

2,366 posts

Posted by amateurJR > 2023-06-27 09:46 | Report Abuse

Calvin wat is ur TP for Jtiasa. Haha!

speakup

25,307 posts

Posted by speakup > 2023-06-27 12:31 | Report Abuse

rm1 😎

speakup

25,307 posts

Posted by speakup > 2023-07-03 12:17 | Report Abuse

Dah 70¢
See speakup buy 70¢ then drop to 63¢ also speakup no panic. Releks je 😎

mickey77

128 posts

Posted by mickey77 > 2023-07-03 16:21 | Report Abuse

waah so releks huh

speakup

25,307 posts

Posted by speakup > 2023-07-03 16:22 | Report Abuse

CI+20. Heard PMX has instructed EPF, PNB, Khazanah, LTAT all to goreng in light of upcoming state elections

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-03 20:47 | Report Abuse

Blog: LOOKS LIKE PALM OIL GOING INTO A POWERFUL UPTREND AGAIN, Calvin Tan

https://klse.i3investor.com/web/forum/forum-thread/608612736

Pinky

3,252 posts

Posted by Pinky > 2023-07-03 21:22 | Report Abuse

Hahaha Calvin is back

speakup

25,307 posts

Posted by speakup > 2023-07-03 21:45 | Report Abuse

Welcome back Calvin

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-04 08:57 | Report Abuse

Thanks Pinky and Speak up

May all prosper in the rebounding of palm oil shares

Posted by Patient Investor > 2023-07-04 21:49 | Report Abuse

I dont get the acquitision logic, those lands are left with 41 years leasehold, and the production is falling year by year. Since its owned by related parties, why dont they just inject those asset by issuing shares to them?

I dont like the idea related party to transfer 30% cash holding into their own pocket with a lousy deal.

speakup

25,307 posts

Posted by speakup > 2023-07-04 21:57 | Report Abuse

Are u going hold Jtiasa for 41 years? If not, why does it matter?

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 00:25 | Report Abuse

Jtiasa is only paying Rm3560 per acre or only a mere 8.1 sen per sq ft

41 years lease still better than those in Indonesia Klk bought from ijmplant with only 35 years lease

Also in Spore land for farming use only got 25 years lease

The plus point is these lands already planted with mature oil palms

No need planting

According to our friend from Malaysia having small 40 acres palmoil

He said in those good months of early 2022 he gets about Rm1,000 an acre Ffb per month

Just 3.5 months already can get cash of Rm3500

So Rm3560 per acre with planted oil palms is sap sap sui

DickyMe

14,415 posts

Posted by DickyMe > 2023-07-05 00:29 | Report Abuse

55 sen coming soon!

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 08:11 | Report Abuse

The purchase of these lands (55% owned by related parties) will instantly increase the bottom line of jtiasa at a time when Cpo prices have rebounded above Rm3,900 a ton

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 08:17 | Report Abuse

And more so as Monthly Ffb harvest has also increased

Below are the 3 months 1st qtr harvest of year 2023.

And then we compute the last two months of April and May 2023 to "see" its improvement

Jan 2023 ffb: 69,891 MT
Feb 2023 ffb: 58,983 MT
March 23 ffb: 61,486 MT

Total: 190,360 Metric Tonnes

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 08:21 | Report Abuse

For months of April and May 2023

April 23: 61,312 MT
May 23: 78,585

Total: 139,897 Metric Tonnes

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 08:24 | Report Abuse

To get 2 months' percentage of 1st qtr 3 months (final month result of june 23 ffb yet to be reported soon)

Divides 139,897 by 190,360

= 73.4%

So we see an increase of Ffb

Now let us wait for June 2023 ffb figures

THIS OPPORTUNE TIME TO BUY OVER 55% WILL INCREASE PROFITS
SO THIS IS A GOOD MOVE

speakup

25,307 posts

Posted by speakup > 2023-07-05 10:28 | Report Abuse

See Jtiasa up after the announcement means investors think it is good move

speakup

25,307 posts

Posted by speakup > 2023-07-05 15:53 | Report Abuse

What has Subur Tiass got to do with Jaya Tiasa other than common owners?

Posted by Multibagger > 2023-07-05 15:55 | Report Abuse

I see this RPT as a form of pay back to related party to make up for not being able to enjoy fully the high CPO price towards end 2021 and beginning 2022. Furthermore, they control 55% WHD vs less than 40% JTH.
The rationale provided in the announcement is to secure the land rights before Erajaya carry out the replanting( I believe most trees are over 15 years as the JV was signed in 2004) over the next 3 years, which requires Rm44 mil. The financials of WHD for last 3 years revealed that it has not enjoyed any upside from CPO price increase, hence, I assume the JV has benefited Erajaya mostly as Erajaya was investing in the infra as well as planting of trees. ( Announcement did highlight that there is no material impact to JTH’s EPS in FYE 24 for this transaction indirectly confirm the benefits to JTH will not change much after the transaction, except Rm52 million less in the bank).
What I see lacking is no financials were provided as to how much Erajaya was enjoying, at least over the last few years under JV with WHD. Only with such information investors would be able to evaluate whether the price tag of Rm52.25 mil for 55% equity in WHD (with 5967 hectares land) work out to Rm6,443 per acre and with some liabilities in the company too, is a fair transaction.
As a shareholder, I just wish this is not the beginning of a series of RPT that will take non controlling shareholders for a ride. I am watching closely if Subur Tiasa is the next RPT candidate.

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-05 17:54 | Report Abuse

every time people see related party dealings they will assume it is for the benefit of insider directors

they think, " privatise profits and nationalize losses will be the norm"

however we should give Jtiasa the benefit of the doubt and let them do what they think best

after all we already received a total of 4.3 sen dividend last year

now just like people got misgivings when they wrongly sold down bplant when they heard bplant going into algae business last time

Give Jtiasa time

after all there is an exchange of 55% more assets for cash paid

Posted by Multibagger > 2023-07-05 18:06 | Report Abuse

I really hope so and this RPT transaction may not be at the expense of MI as no sufficient details were provided. After all, JTH is super cash generator which may turn out to be a very yield dividend stock.

speakup

25,307 posts

Posted by speakup > 2023-07-05 19:22 | Report Abuse

Jtiasa is a growth stock, not dividend stock

Posted by Patient Investor > 2023-07-06 10:49 | Report Abuse

If its such a sweet deal, why would they sell it to Jtiasa at a 55% Stake?
Would the transaction requires shareholder's voting? And can those related party vote?

speakup

25,307 posts

Posted by speakup > 2023-07-06 15:38 | Report Abuse

If it was a bad deal,.Jtiasa would've drop big after announced. It didn't. Instead it went up. Means it is a good deal.

Icon 888

2,224 posts

Posted by Icon 888 > 2023-07-11 11:20 | Report Abuse

Come on

amateurJR

2,366 posts

Posted by amateurJR > 2023-07-13 10:56 | Report Abuse

Calvin got any sector to recommend other than palm oil? Haha

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-14 10:35 | Report Abuse

amateurJR

Calvin got any sector to recommend other than palm oil? Haha

23 hours ago


So far Calvin sees Palm Oil got these

1. Real Solid Earnings due to Cpo price above Rm3800 (Cost of production Rm1900) and 100% gross profit

2. Very Good Dividends which beat Bank dividends

3. El Nino weather will keep all grain & palm oil prices elevated for few more years

SO THE VERDICT

KEEP HOLDING PALM OIL SHARES BEST

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-15 23:08 | Report Abuse

BPLANT (5254) A STARTLING REVELATION BY TOK MAT ( There are assets such as those of ‘planting trees on a gold mine’) Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-15-story-h-245619594-BPLANT_5254_A_STARTLING_REVELATION_BY_TOK_MAT_There_are_assets_such_as_

Posted by Fabien _the efficient capital allocator > 2023-07-16 11:01 | Report Abuse

Totally agreed with the apt description "planting trees on a gold mine". time to unlock value of plantation due to scarcity of lands, food security, etc.

mickey77

128 posts

Posted by mickey77 > 2023-07-18 10:35 | Report Abuse

B 0.68 hope it good. wish me luck lol

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-19 19:13 | Report Abuse

JTIASA FFB QoQ UP 18%

2nd Quarter FFB results out! And they are better than 1st Quarter. Will Palm oil cos increase dividend payouts? Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-19-story-h-245505452-2nd_Quarter_FFB_results_out_And_they_are_better_than_1st_Quarter_Will_P

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-20 16:59 | Report Abuse

see this

FCPO CROSSED RM4000!!!

https://www.tradingview.com/symbols/MYX-FCPO1!/

mickey77

128 posts

Posted by mickey77 > 2023-07-21 06:41 | Report Abuse

waa jaks going to fly

WilburR2

839 posts

Posted by WilburR2 > 2023-07-21 09:18 | Report Abuse

up and away. Fly

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-21 13:58 | Report Abuse

Jaya Tiasa = Always successful

Can also be called

Or can mean

Giant Treasure as it has 206,000 acres of palm oil
Bigger than Singapore total landmass of 180,000 acres

It also got 1.9 million acres of forest concession or 11 times the size of Singapore

So big that Jtiasa has its own helicopter to keep track of its vast lands

Jt also can mean joyful trading

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-25 08:04 | Report Abuse

Soybean oil crossed Us 70 sen a lb now (Was only Us 26 sen a lb in year 2020)

FCPO will be very well supported

https://www.barchart.com/futures/quotes/ZLQ23/overview

mickey77

128 posts

Posted by mickey77 > 2023-07-25 14:37 | Report Abuse

waa flying 0.77

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-26 01:55 | Report Abuse

WHEN PALM OIL ESTATES TURN INTO INDUSTRIES & TOWHSHIPS: THE HIGHEST VALUE IS ACHIEVED, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-26-story-h-244697165-WHEN_PALM_OIL_ESTATES_TURN_INTO_INDUSTRIES_TOWHSHIPS_THE_HIGHEST_VALUE_

speakup

25,307 posts

Posted by speakup > 2023-07-29 10:54 | Report Abuse

still holding my Jtiasa avg 70sen

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-29 17:53 | Report Abuse

jtiasa in year 2014 was Rm2.60

in year 2015/6 was Rm1.80 when it's debt was over Rm1 billions

now at 73 sen with debt only a mere Rm190 millions left

Few more qtrs Jtiasa will be debt free and already resume giving out dividends
And we can look forward to more good dividends

Fong Siling aka Cold Eye already took position and bought up 5 million Jtiasa shares to be in Top 30 holders

Just hold tight for multi year upside

thanks to naysayers who kept condemning Jtiasa for us to buy so very cheap

sunnyguy

143 posts

Posted by sunnyguy > 2023-07-30 11:16 | Report Abuse

not to forget, during 2014 - 2016, Jtiasa got another good stream of income from it's timber operation.

sunnyguy

143 posts

Posted by sunnyguy > 2023-07-30 11:17 | Report Abuse

now not sure when it's timber operation can contribute back some profit... definitely it's palm oil operations is superb now. 😃😃

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-30 14:35 | Report Abuse

Yes Jtiasa has wisely increased its focus into palm oil as it is proven now that it has been a correct move

latest buying over its partner's shares in Bruit island will also increase its bottom line

The 1.9 Million Timber concession will also come in handy when prices rebound

For now it's palm oil venture is at its best and growing well

calvintaneng

53,540 posts

Posted by calvintaneng > 2023-07-30 14:40 | Report Abuse

last year Jtiasa main concern was high fertilizer cost and lack of fruit harvestors

by now fertilizer cost has come down by 30% and with land borders opened there is now sufficient fruit harvesters

one good positive is most of Jtiasa oil palms are located near their own mills and this will prevent selling Ffb at lower cost for those that do not own their own mills

This will capture the best price as Cpo prices are traded by daily indicators unlike Ffb sold to mills at their dictates

All round bright prospects in Jtiasa's growth now and at its best years to come

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