JAYA TIASA HOLDINGS BHD

KLSE (MYR): JTIASA (4383)

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Last Price

1.39

Today's Change

+0.01 (0.72%)

Day's Change

1.35 - 1.39

Trading Volume

6,014,000


16 people like this.

12,559 comment(s). Last comment by mamakspecial 6 hours ago

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-24 22:20 | Report Abuse

See How NTA Investing Explained

TSH RESOURCES (9509) TAKE A DEEPER LOOK INTO ITS BALANCE SHEET WILL SEE VERY HEALTHY STATE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-24-story-h-241866924-TSH_RESOURCES_9509_TAKE_A_DEEPER_LOOK_INTO_ITS_BALANCE_SHEET_WILL_SEE_V

Save

679 posts

Posted by Save > 2023-08-24 23:02 | Report Abuse

Thanks Pinky for detailed explanation. hopefully short term 0.88- is coming.........

Pinky

3,206 posts

Posted by Pinky > 2023-08-24 23:51 | Report Abuse

Yes as I've said their numbers are actually quite good. Gives me hope that Ta Ann will be comparable, if not better!😄

WilburR2

833 posts

Posted by WilburR2 > 2023-08-25 07:32 | Report Abuse

Good performance,pare down debts and declare dividens

speakup

24,931 posts

Posted by speakup > 2023-08-25 07:46 | Report Abuse

Pinky share why Taann better than Jtiasa?

Pinky

3,206 posts

Posted by Pinky > 2023-08-25 08:25 | Report Abuse

Ta Ann numbers more consistent
Bigger market cap

Though undeniable JTIASA looks "cheaper" in terms of valuation (P/E, Price-to-Book)

Berlin

257 posts

Posted by Berlin > 2023-08-25 08:50 | Report Abuse

For JTiasa to be re-rated upwards, it has to record consistent profits and reasonable dividends. As it is, it does not attract institutional investors. Even EPF sold its small stake last year. JTiasa is only now making a start with better dividends. Still a long way to go.

Posted by sense maker > 2023-08-25 10:07 | Report Abuse

This company still has legacy trust-deficit and transparency issues. Lots of people are selling into good quarterly results to get out.

Save

679 posts

Posted by Save > 2023-08-25 11:29 | Report Abuse

Speculatively Taann results will follow their counterparts, YoY drops and QoQ slightly improved. If Taann can maintain 15sen dividend, share price may be supported. Speculatively agian share price may break 3.85 if palm oil price cross 4000, with USD and yield continue to strengthen, chances are there. All eyes are on Jackson Hole's Powell tonight. Basically Taann is just a dividend play..right?

Posted by Fabien _the efficient capital allocator > 2023-08-28 12:47 | Report Abuse

Plantation is at least 1x BV

WilburR2

833 posts

Posted by WilburR2 > 2023-08-30 16:27 | Report Abuse

good job JT

Posted by sense maker > 2023-08-30 17:25 | Report Abuse

I don’t like to see what happened in Subur Tiasa. After takeover was rejected, the company started to report losses. Subur Tiasa used to report fantastic profits.

This Jayatiasa also already paid rm55m out to related party and more may come.

Still, the value is quite good. I bought a bit today and people already started chasing it up. Aiseh.

speakup

24,931 posts

Posted by speakup > 2023-08-30 21:24 | Report Abuse

since Subur & Jtiasa same owners, they might merge the 2 companies in the near future
this will be a win-win situation for Subur & Jtiasa

Posted by Patient Investor > 2023-08-30 23:29 | Report Abuse

Subur tiasa discount to NTA is huge compare to Jayatiasa. But it still carry quite huge debt. may take it another 2 years to clear.

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-30 23:30 | Report Abuse

JAYA TIASA (4383) WHY FONG SILING AKA COLD EYE & DR. NEOH SOON KEAN OF DYNAQUEST ARE BOTH BUYING JAYA TIASA, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-30-story-h-241060767-JAYA_TIASA_4383_WHY_FONG_SILING_AKA_COLD_EYE_DR_NEOH_SOON_KEAN_OF_DYNAQ

Posted by Patient Investor > 2023-08-30 23:34 | Report Abuse

@calvintaneng how do you allocate between the few CPO companies? can share why make such allocation %?

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-30 23:45 | Report Abuse

TOP three now

JTIASA

THPLANT

TSH RESOURCES

BUY EQUAL PORTION AND HOLD TIGHT TIGHT

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-30 23:45 | Report Abuse

JTIASA = SUPER GROWTH STAGE

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-30 23:45 | Report Abuse

THPLANT = GLC LIKE BPLANT UNLOCK VALUE

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-08-30 23:46 | Report Abuse

TSH= BOTH GROWTH & VALUE

LAST SHALL BE FIRST

Pinky

3,206 posts

Posted by Pinky > 2023-08-31 10:27 | Report Abuse

Why i3 can have so many dupes appearing to spam?

Posted by Patient Investor > 2023-08-31 17:04 | Report Abuse

at least calvin is consistent in spamming what he believe.

Pinky

3,206 posts

Posted by Pinky > 2023-08-31 17:16 | Report Abuse

Calvin is spamming, promoting palm oil stock, in a palm oil stock section of the forum. You don't like it, you can skip.

But when those jokers with a vendetta for god knows what against Calvin comes attacking with spite with those incoherent copy-and-paste rubbish, that is unacceptable and annoying.

WilburR2

833 posts

Posted by WilburR2 > 2023-09-01 09:03 | Report Abuse

steady rise

Posted by wallstreetrookieNEW > 2023-09-01 09:36 | Report Abuse

Plantation hopeless. Don't buy

WilburR2

833 posts

Posted by WilburR2 > 2023-09-01 10:12 | Report Abuse

already making profit. Div on the way too

Berlin

257 posts

Posted by Berlin > 2023-09-01 10:43 | Report Abuse

Buying more for long term hold as JTiasa has turned the corner. All it needs is for management to address investor trust issues and look after minority interest for price to breach RM1.00. That means less related party transactions and more dividends paid out; 20% of profits won't cut it, can double that at least.

Michael Kwok

6,045 posts

Posted by Michael Kwok > 2023-09-01 13:26 |

Post removed.Why?

Up_down

4,272 posts

Posted by Up_down > 2023-09-01 21:10 | Report Abuse

Finally, market is aware of Jtiasa turning around of its FFB yield. Rerating on the way.

Up_down

4,272 posts

Posted by Up_down > 2023-09-02 11:36 | Report Abuse

JTIASA valuation is far below other Sarawak planters. Peers are traded at much higher MYR planted/ hectare.

Jtiasa - MYR 12k
SOP - MYR 28k
Swkplnt - MYR 26k
TAAN - MYR 32k

CAWALLUK

24 posts

Posted by CAWALLUK > 2023-09-04 07:22 | Report Abuse

The recent rise in the oil price to nearly $90 must be positive for Palm oil prices. I believe JTIASA is still way undervalued.

Berlin

257 posts

Posted by Berlin > 2023-09-04 09:44 | Report Abuse

Jtiasa is underrated for valid reasons. The 3 listed vehicles in Rimbunan Hijau group, namely Jtiasa, Stiasa, Rsawit have not been good to investors in the last 10 plus years and are rife with significant related party transactions. Their performance raises a lot of suspicions of the Tiong family that own and manage the group. They have a lot to prove and even more to disprove as it is. Only time and positive action on their part will make investors warm up to them.

speakup

24,931 posts

Posted by speakup > 2023-09-04 10:20 | Report Abuse

Tiong family should merge Jtiasa, Subur & Rsawit into 1

Berlin

257 posts

Posted by Berlin > 2023-09-04 10:27 | Report Abuse

I don't see a merger happening. Too many cooks named Tiong boiling soup according to their personal recipes. Simpler that Jtiasa go it alone and win the cooking prize. All the conditions and ingredients are there for Jtiasa to do it.

Posted by sense maker > 2023-09-04 11:00 | Report Abuse

Free cash flow of RM300m a year selling for RM828m now. RM1.2b mkt cap is about right, given the lingering trust deficit issues.

Berlin

257 posts

Posted by Berlin > 2023-09-04 11:17 | Report Abuse

Yeah, one more profitable year making 14-16 sen per share, increasing dividend to 5-7 sen per share, no nasty surprises eating up free cash flow and Jtiasa should make it past RM1.00 comfortably to maybe RM1.20.

Up_down

4,272 posts

Posted by Up_down > 2023-09-04 11:49 | Report Abuse

It takes 2 more quarters to turn Jtiasa into a fully net cash company. Jtiasa will enjoy a savings in finance costs RM 25 million. By then, market cap planted per hectare of Jtiasa would be valued on par with its peers.

speakup

24,931 posts

Posted by speakup > 2023-09-04 12:44 | Report Abuse

Is this taking into consideration of the recent related party acquisition?

Up_down

4,272 posts

Posted by Up_down > 2023-09-04 13:31 | Report Abuse

Cash inflow from 3 quarters depreciation worth RM 102 million plus conservative PAT 90 million are sufficient pay off the loan and RM 55 million related parties transactions.

Up_down

4,272 posts

Posted by Up_down > 2023-09-04 14:02 | Report Abuse

JTIASA has achieved a turnaround in 2 years because of all its trees is prime mature. The main problem to Rsawit is the old age of the trees, 40% planted areas > 20 years old.

Posted by wallstreetrookieNEW > 2023-09-04 15:29 | Report Abuse

Sell plantation

speakup

24,931 posts

Posted by speakup > 2023-09-04 17:16 | Report Abuse

Calvin going to bantai u kaw kaw

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-09-04 18:42 | Report Abuse

speakup

Calvin going to bantai u kaw kaw

1 hour ago

Hahaha!

No need lah

Everyone is entitled to share his/her opinion

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-09-05 22:25 | Report Abuse

JTIASA = Jumping Tiger!

Three 2nd Liner Stocks mispriced & misplaced as penny stocks: BPLANT VERSUS JTIASA VERSUS THPLANT, Compare and contrast, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-09-05-story-h-240908964-Three_2nd_Liner_Stocks_mispriced_misplaced_as_penny_stocks_BPLANT_VERSU

Berlin

257 posts

Posted by Berlin > 2023-09-06 08:13 | Report Abuse

Calvin,
Instead of giving Jtiasa one useless misnomer after another, why don't you do something useful and find out why second largest shareholder Genine Chain Ltd sold some 6.3 million shares in the last 7 trading days starting from 73 sen on 23/8? They still have some 84 million balance.

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-09-06 08:38 | Report Abuse

Berlin

We follow the company fundamental in investing first and our decision is based on either value or growth or both.

So others might buy or sell up to them unless Owners of companies sell all until ceased to be substantial shareholders

They might sell some due to reasons known to them

If you check bplant for Feb 2023 even Ltat unloaded lots of Bplant shares at very low prices
If only they knew that Klk will later offer Rm1.55 to take their shares they should not have sold but be buying instead

So the selling of jtiasa by Spore investors got reasons only known to them

As for us we invest based on fundamental and unless fundamental deteriorates we will hold

calvintaneng

53,153 posts

Posted by calvintaneng > 2023-09-06 08:45 | Report Abuse

And these are fundamentally positives for palm oil in general

1. This Aug 2023 Indonesia has mandated biofuel use to B35 from B30

2. Crude oil just touched usd90 a barrel. This will add impetus to biofuel usage

3. CPO price now above Rm3,900 a ton (was below Rm2200 in year 2019)

4.2nd half of 2023 will see increased Ffb yield

5. Diwali in Nov 2023 will spur palm oil purchase by India

6. Ukrain grain stoppage, floods in China and drought in many parts will impact vege oil production

So Cpo prices will be good
Even rice and sugar prices now going up

So we stay the course in palm 🌴🌴🌴 🔥🔥🔥

Berlin

257 posts

Posted by Berlin > 2023-09-06 08:47 | Report Abuse

Calvin, you are full of baloney and reek of hypocrisy. Highlighting that Fong Siling and Neoh Soon Kean holds a few million shares and urge others to follow but when second largest shareholder sells some 6 million shares, you got nothing to say. Why? Because you are a piss poor analyst.

calvintaneng

53,153 posts

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

Berlin

I have followed Dr Neoh Soon Kean since 2005 after subscribing to his monthly Digest and i think his Research is reliable

I wish you well and i think i will stop here

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