Posted by calvintaneng > 2023-11-29 15:50 | Report Abuse

Jtiasa is on to a multiyear steady income generation

Next we should see good dividend stream for a new change

Short term Jtiasa might still see Ib banks doing short sell mother share to suppress price due to their call warrant

In some Ib banks no longer issue new call warrant as in Fgv and bplant as they are being taken private

For jtiasa any sell by ib banks offer us an opportunity to buy mother cheap

Posted by LouisLim > 2023-11-29 16:25 | Report Abuse

Bought 0.955. Good earning and prospect

Posted by Up_down > 2023-11-29 16:35 | Report Abuse

Bought all the way up from 60s, 70s, 80s and 90s. As usual, the price dropped after i bought tis morning.

Posted by Save > 2023-11-29 17:08 | Report Abuse

After people sold today, preplanned AGM tomorrow release good news?

Posted by calvintaneng > 2023-11-29 17:32 | Report Abuse

Yes by all means a genuine shareholders

ask these requests

1. 1st congratulate all Staff and BOD (Board of Directors) for their hard work to make Jtiasa pare down huge debt and almost debt free now

They have done a great job and deserve out applause 👏👏👏

2. Make a request for good dividend
highlight Utd Plant and Innoprise and Taann examples in giving out good dividends
since 171,000 acres out of 206,000 acres are of prime age there is no need of high capital outlay for another 11 years more till age 25 before any need of replanting
So surplus cash could be given out as dividends

3. Concrete real dividend payout will repair trust deficit like nothing else could
so please do start giving out good dividends

that is all
everyone else please think of what positives you can contribute in AGM tomorrow

Thank you

Calvin Tan

Posted by LouisLim > 2023-11-29 22:00 | Report Abuse

Forward PE for Jtiasa is 0.955/(0.069*4)=3.46. Some more prospect so good. So undervalued. Will collect more.

Posted by Dehcomic01 > 2023-11-30 12:05 | Report Abuse

While often used interchangeably, there are differences between trading and investing. Firstly, they have different goals.
• Traders focus on generating short-term profits by taking advantage of price fluctuations
• Investors aim to build wealth over the long term by investing in fundamentally sound assets.
But there have been successful traders who incorporate fundamentals into their trading analysis
I would like to offer the ROE trend vs the share price trend as one toolkit for the traders.
The example for JTiasa below is one example. https://i.postimg.cc/pdcWr2fH/JTiasa.png

While this is classified as under the Bursa Plantation sector, its ROE is worst than my 2 reference companies – BPlant and KLK. So I would not hunt here to look for long-term investment opportunity from a fundamental perspective. https://www.youtube.com/watch?v=9KhboTCMdEg
But if you are a stock trader, wouldn’t you consider a rising ROE without a corresponding uptrend in price yet a trading opportunity?

Posted by Muyutin > 2023-11-30 12:54 | Report Abuse

TIS CHEATING COMPANY WILL LET ITS SHARE STAGNANT THERE TILL CPO BACK TO RM3000,,THEN QR REPORT SAID TAK UNTUNG AGAIN

HOW TO COMPARE WITH YTL MANAGEMRNT

YTL JUST GUARANTEE 2YEARS PROFIT
THE SHARE ALREADY 100% FLY

TIS CHEATING CV COMPANY SAID STILL GOT 10YEARS STABLE PROFIT

SHARE PRICE FLIRTING THERE

SELL BETTER
NO HOPE COMPANY
DUN THINK WILL GIVE U HIGHER DIVIDEND

Posted by Muyutin > 2023-11-30 13:02 | Report Abuse

WORLD RECESSION WILL COME ANY TIME

ONCE HAPPENED,,CPO BACK TO RM2500

THEN TDKE TIME BACK TO RM3000

TAKE ONE OR TWO YEARS
WASTING OUR TIME

AFTER TWO YEARS
WE STILL ALIVE
NO BODY KNOWS

Posted by Up_down > 2023-11-30 16:51 | Report Abuse

Not to outsmart taiko. Let him lead us to climb up the hill slowly.

Posted by sense maker > 2023-12-01 09:33 | Report Abuse

Where’s the billions Calvin said would flush in and sweep up Jtiasa shares? Haha

Posted by Muyutin > 2023-12-01 09:41 | Report Abuse

LETS LEARN FROM YTL BOS
WAT IS INTEGRITY

Posted by SuperA > 2023-12-01 11:29 | Report Abuse

The lowest PE (only 5.0 with the EPS 19.15) in Plantation stock. SWKPLNT EPS 21.7 also has PE10.

Posted by Muyutin > 2023-12-01 13:54 | Report Abuse

DUN PUT TOO MUCH HOPE ON TIS GOOD COUNTER
AS CHINA SHOW NO STRONG V SHAPE RECOVERY
AND PENDING HOME SALES RECORD LOW IN US

SIGN OF RECESSION

BACK TO 60 SEN

Posted by Sslee > 2023-12-01 14:08 | Report Abuse

All pure plantation stocks are very easy to predict their quarterly financial result.
What you need to do is monitor the monthly production report and monthly MPOB CPO market price to derive at quarterly revenue and estimate NP.

Posted by Sslee > 2023-12-01 14:54 | Report Abuse

Jayatiasa:
Planted area (ha) 69,589
FFB yield (MT/ha) budgeted for FY 2024:16.10
FFB budgeted production 69,589 X 16.10 = 1,120,382 MT.

Quarter end 30/9/2023 FFB production 359,740 MT
Average FFB local selling price: RM 740/MT.

Posted by StartOfTheBull > 2023-12-01 15:44 | Report Abuse

No dividend is one of the reasons share price drops.

Posted by Sslee > 2023-12-01 16:01 | Report Abuse

Our existing policy is to pay a minimum dividend of 20% of net profit subject to not compromising the Group's ability to support its pursuit for long term growth. However, that will not restrict declaration of dividend of more than 20%.

Posted by Muyutin > 2023-12-01 16:39 | Report Abuse

THE TIME HE WANTS TO PAY DIVIDEN
THE TIME CPO PRICE OSO DROP TO RM3000

TAT MEANS TALK COCK
ASK U BAN BAN TAN

TORTURE UR TIME

SINCE THE PROFIT SO EASY TO PREDICT
Y DON PAY NOW

Posted by Sslee > 2023-12-01 17:19 | Report Abuse

The recent dividend:
Ann. Date
Ex Date
Type
Subject
Amount
View
24-Aug-2023 12-Sep-2023 DIVIDEND Second Interim Dividend RM 0.0170 Dividend Detail
28-Feb-2023 14-Mar-2023 DIVIDEND First Interim Dividend RM 0.0150 Dividend Detail
30-Aug-2022 27-Sep-2022 DIVIDEND Interim Dividend RM 0.0280 Dividend Detail

Posted by calvintaneng > 2023-12-01 19:22 | Report Abuse

Correct
By next year when Jtiasa turns into debt free net cash company quantum of dividend can increase just like Inno increased to 80% of net profit

By then we might see double digits dividend

Posted by sense maker > 2023-12-02 10:11 | Report Abuse

Operating cash flow of RM350m a year, conservatively speaking, selling now for RM930m. Ridiculously low. Big trust deficit by the market over the management. Fair value is around 4-5 times of operating cash flow, conservatively speaking, which translates into around RM1.65 a share. What a joke because at the current market price, investors are essentially expecting the management will do some hanky panky again.

Posted by calvintaneng > 2023-12-02 10:24 | Report Abuse

Posted by sense maker > 10 minutes ago | Report Abuse

Operating cash flow of RM350m a year, conservatively speaking, selling now for RM930m. Ridiculously low. Big trust deficit by the market over the management. Fair value is around 4-5 times of operating cash flow, conservatively speaking, which translates into around RM1.65 a share. What a joke because at the current market price, investors are essentially expecting the management will do some hanky panky again.

NO LEH

MS NGU THE SECRETARY OF JTIASA INVITES INSTITTUTIONS AND FUND HOUSES TO CONTACT THEM IF GOT ANY DOUBTS OR QUERIES

Posted by Berlin > 2023-12-02 10:55 | Report Abuse

#Calvin; Contact the company secretary? Whatever for? Does she have equivalent authority as the BOD? What is clearly recognizable are the actions of the BOD. Rampant related party transactions, inconsistent profitability, poor dividends, weak public communications are just some of the issues adding to trust deficit. What has been done the last 10 difficult years for long suffering minority shareholders? When times are good again, who benefits most from the strong free cashflow?

Posted by calvintaneng > 2023-12-02 12:37 | Report Abuse

Berlin

Fully 👍 agree

That was why Jtiasa crashed from Rm2.70 in year 2014 when Uncle KYY first promoted jtiasa.

And it dropped from there till 63 sen (lowest was only 59 sen)

Trust deficit and Insider cross party dealings look apparent and people avoided Jtiasa like the plague

However, being a maths person we studied the balance sheet and see Rm1 billions debt cleared.
Unlike so many telling you how good but later give out Rights issue to ask for monies
In Jtiasa's case we received 2.8 sen + 1.5 sen + 1.7 sen = 6 sen dividend

And since our cost 63 sen it is already 9.52% dividend so far so good

Ms Ngu will connect you to relevant BOD should you ask further

Now the accounts have shown all the cash intact
The Rm52 mil purchase of related palm oil dealing is transparent as Rm65 millions accounted for in PPE

Above all we see very little debt and high Ffb over 130,000 tonnes for Oct 2023

All the trust deficit will still take time to clear and by the time when people are in the clear prices would spike up higher

Posted by Sslee > 2023-12-03 10:26 | Report Abuse

I will not invest in jayatiasa if not for the improved Production of FFB, postive operating cashflow (RM 300+ million per year) that help to significiently reduce debts and importantly start to give dividend.

Posted by StartOfTheBull > 2023-12-03 11:51 | Report Abuse

Contacting the company's secretary Ms Ngu is unlikely she will help to redirect the callers to the BOD, it only increase her workloads by answering emails or telephone calls.😁

Posted by calvintaneng > 2023-12-03 16:16 | Report Abuse

These are some legal above board answers by Ms Ngu

Reason why Jtiasa managed to produce extra 36% FFB ?

Answer: Because Jtiasa Excellent Management worked very hard and overtime by encouraging Indon Ffb fruit harvesters to work very very hard to gather as much Ffb as possible

a minimum wage is Rm1500

but hard working Indon Ffb workers get as much as Rm2500 to Rm3000 or more

well worth the effort as Cpo now Rm3500 to Rm4200 (last time Rm2000 to Rm2400)

As a result Jtiasa will see very high profits

Posted by SEERESEARCH2023 > 2023-12-03 19:18 | Report Abuse

Kesian calvin keep promoting the palm oil counters, while most ppl who are scammed into them are quening to quit.
Everytime sweet talk of good cash flow, land deal, good FFB price, low wages, good productivity all sort of bs, but the price never goes up but stagnant there for the shark to sell their low entry price tickets.
Everybody know that he is promoting ppl to enter during peak till it dropped. Obviously his gang still hold a huge portion of tickets waiting to get out.
Becareful guys.

Posted by StartOfTheBull > 2023-12-03 19:23 | Report Abuse

Virgin Atlantic Lands First Flight Powered By Biofuels. Who’s Next?

https://www.forbes.com/sites/jenniferleighparker/2023/11/29/virgin-atlantic-lands-first-flight-powered-by-biofuels-whos-next/?sh=6860d4c933a1

Posted by StartOfTheBull > 2023-12-03 19:29 | Report Abuse

Indonesia conducts first commercial flight using palm oil-blended jet fuel
https://www.reuters.com/sustainability/indonesia-conducts-first-commercial-flight-using-palm-oil-blended-jet-fuel-2023-10-27/

Posted by Berlin > 2023-12-04 10:54 | Report Abuse

For FY2023, Jtiasa spent less than RM30m on dividends but more than RM52m on a directors related asset acquisition which minority shareholders could not vote on. This, after not paying dividends for 3 years from 2019-2021. Who is the BOD looking after?

Posted by calvintaneng > 2023-12-04 13:18 | Report Abuse

Small brother WTK spent Rm250 million buying palm estate and mill so Elder brother Jtiasa spent Rm52 million buying palm oil investment ok lah

Oriental, Kretam, Kmloong and others all also buying more palm oil plantation

Klk even sapu entire Ijmplant

Posted by calvintaneng > 2023-12-04 16:56 | Report Abuse

Today

Jtiasa with real Cash earnings in Acc gone up

Why Kgb with only Receivables (all IOU) are trapped

Posted by Patient Investor > 2023-12-05 11:59 | Report Abuse

@calvintaneg

KGB ROCE is high compare to Jtiasa, and some contract is long term. The CEO also speaks way better and give investor more confident.

Posted by calvintaneng > 2023-12-06 08:01 | Report Abuse

I disagree.

Jtiasa balance sheet is real
Its Ffb is quantifiable and reported in Bursa monthly. And Oct 2023 it reported very high Ffb over 130,000 tonnes

For Kgb all its earnings are opaque and veiled in secrecy.
Its Rm420 mil project in Sarawak till now we do not know the client's name nor payment
Its venture into China is highly risky as China now in economic trouble. For Singapore as well there is WKS Industrial Gas which already controlled the market. I don't see it can compete against this established Strong Homegrown Player

As such no matter how they bright they tell you it is no use if they cannot show us concrete cash

Serba was once touted to be a hot stock and they even expand to "outer space"

In the end?

Posted by StartOfTheBull > 2023-12-07 11:46 | Report Abuse

CPO future has erased some losses.

Posted by Fabien _the efficient capital allocator > 2023-12-07 20:37 | Report Abuse

Not entirely accurate picture. The Company utilised their operating cash flows to repay borrowings amounted to RM155mil.


Berlin

For FY2023, Jtiasa spent less than RM30m on dividends but more than RM52m on a directors related asset acquisition which minority shareholders could not vote on. This, after not paying dividends for 3 years from 2019-2021. Who is the BOD looking after?

Posted by sense maker > 2023-12-08 22:23 | Report Abuse

Genine still has 70m shares to sell. When can Calvin get the billions he promised to come in and sweep up the shares? Haha

Posted by calvintaneng > 2023-12-08 22:29 | Report Abuse

Posted by sense maker > 4 minutes ago | Report Abuse

Genine still has 70m shares to sell. When can Calvin get the billions he promised to come in and sweep up the shares? Haha

I dumb dumb hold

As long as Cash Acc shoulds Cash Inflow

Who buy or sell secondary

Fong Siling bought and Genine sold all Ok

Posted by Berlin > 2023-12-09 10:35 | Report Abuse

Sorry, I not so dumb. If operating cashflow is persistently leaked through RPTs and questionable acquisitions with only crumbs of dividends thrown to minority shareholders, I will bail out of my long held position Jtiasa. What good is strong profits when it does not benefit minorities? Compare Jtiasa's past 10 year track record with that of Taann, both managing similar businesses.

Posted by Muyutin > 2023-12-11 11:11 | Report Abuse

Tu DIA YTL
NVIDIA DISCUSS ONI
NO NEED PROVE PROFIT
SHARE FLY 20%

Posted by calvintaneng > 2023-12-11 22:54 | Report Abuse

Thought after Berlin posted doubts on Jtiasa price might fall below 90 sen for us to buy on weakness

Since 63 sen Jtiasa has climbed a wall of worry

Indeed bull market climbs up a wall of worries

Posted by Berlin > 2023-12-12 09:22 | Report Abuse

@Calvin; You prove to be even more of a clown than I thought possible. Why should Jtiasa price fall just because I voice legitimate concerns about its BOD indulging in RPTs and questionable acquisitions that seem to favor their private interests? Mine is just one view even if many minority shareholders harbor similar reservations. However, imagine if the Rm 52m paid for WHD was used for special dividends, or for share buyback. I believe purchase of Jtiasa shares is a much better use of the money for all shareholders.

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

KYY used to be able to single handedly move the share price because he can buy share in hundred of million using margin account.
But not any more after he lost 90% of his wealth in Dayang. And in fact nowadays people start selling when KYY say buy.

Posted by Sslee > 2023-12-12 10:17 | Report Abuse

I think Jayatiasa paid a fair price for 55% equity WHD (owner of a piece of leasehold land with an area of 5,967.10 hectares)

Remember what price did boustead plantion paid for duta land plantation land?
KUALA LUMPUR (Oct 6): Boustead Plantations Bhd's proposed acquisition of 42 parcels of plantation land in Sabah measuring a collective 11,600ha for RM750 million has been accepted by vendor Pertama Land & Development Sdn Bhd, a subsidiary of DutaLand Bhd.

WHD owns a piece of leasehold land with an area of 5,967.10 hectares at Lot 108
Block 14 Bruit Land District, which is located at Mukah Division, Sarawak (“Land”).
WHD entered into a joint venture agreement dated 27 July 2004 and supplementary
agreement dated 2 January 2023 (collectively, “JVA”) with Erajaya, a wholly-owned
subsidiary of JTH, to jointly develop the said Land into oil palm plantation.
Please refer to Appendix I of this Announcement for information on WHD.

2.3 Basis and justification of arriving at the Purchase Consideration
The Purchase Consideration of RM52,250,000 for the 55.00% equity interest in WHD
was arrived at on a ‘willing-buyer willing-seller’ basis and after taking into
consideration the following:
(i) the market value of the Land as appraised by Henry Butcher Malaysia (Miri)
Sdn Bhd (“Valuer”) vide its valuation report dated 27 March 2023 (“Valuation
Report”) of RM96,000,000, which amounts to RM52,800,000 based on
55.00% equity interest;

Posted by Sslee > 2023-12-13 10:20 | Report Abuse

Dear all,

I3 stands for:
Independent, Intelligent, Informed.

I3investor as an independent portal, has enable people from many different background, culture, experience, age group to contribute their unique opinion, philosophy, strategy and information that have benefited many i3 readers so that they can make an intelligent and informed decision on how to manage their own risk and investment portfolio.

But sadly i3 is now a toxis place for propagation of hatred/slander/malafide by irresponsible people.

Posted by Patient Investor > 2023-12-13 12:04 | Report Abuse

Dear SEE_Research, hope you and calvin can have your brawl elsewhere, becoz its disturbing other investors who are here to discuss stocks.

Maybe you can open a blog to screw him or something, please dont do it here.

Posted by Patient Investor > 2023-12-13 12:08 | Report Abuse

@SSLEE I think valueing the land ownership purely based on CPO output is different if also considering converting to commercial land. Also the lease vs freehold period thing.

Posted by SEE_Research > 2023-12-15 00:13 |

Post removed.Why?