Posted by Fabien _the efficient capital allocator > 2024-01-13 20:12 | Report Abuse

I predict JTIASA can achieve at least 6 sen EPS in coming quarter and declare 2 sen DPS.

Posted by Ravi1969 > 2024-01-13 21:14 | Report Abuse

Calvin sing song too long until neck also long long

Posted by calvintaneng > 2024-01-13 23:27 | Report Abuse

I got all the proofs

In June 2020
I posted buy

A TALE OF 3 GLOVES IN PICTURES : COMFORT GLOVE, TOPGLOVE & SUPERMAX, Calvin Tan Research

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-06-12-story-h1508760038-A_TALE_OF_3_GLOVES_IN_PICTURES_COMFORT_GLOVE_TOPGLOVE_SUPERMAX_Calvin_T

I bought Supermax at Rm1.73
SoldRm20.00for over 1,000% profit

Posted by calvintaneng > 2024-01-13 23:27 | Report Abuse

By April 2021 very early I warned all to sell gloves

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-09-08-story-h1570785922-REPOSTED_ARTICLE_WHY_GLOVES_ARE_FACING_HEADWINDS_AS_ILLUSTRATED_BY_CRYS

Posted by calvintaneng > 2024-01-13 23:28 | Report Abuse

After giving Warning to sell Glove on April 2020

Just one month later I told all to buy Ijmplant at Rm1.86
To sell Harta then still high at Rm9.95

IJMPLANT (2216) Rm1.86 Versus HARTALEGA GLOVE (5186) Rm9.98 COMPARE & CONTRAST THEIR PROSPECTS, Calvin Tan Research

calvintaneng
Publish date: Wed, 05 May 2021, 02:19 PM

05 May 2021
05 May 2021

KLK took Ijmplant private Rm3.10

Harta collapsed

See

Chun Chun

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA

Posted by calvintaneng > 2024-01-13 23:28 | Report Abuse

In April 2021
I also told all to buy BPLANT at 57 sen

PALM OIL JEWEL: BPLANT OR BOUSTEAD PLANTATION (5254) BPLANT HAS DEEP VALUE ASSETS AND INCREASING EARNINGS, Calvin Tan Research

calvintaneng
Publish date: Mon, 12 Apr 2021, 10:16 PM

12 Apr 2021, 10:16 PM
12 Apr 2021, 10:16 PM

LTAT now taking
Private Rm1.55

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE#google_vignette

All who bought got 24 sen dividend
Plus price rise
Gained 369%

See

https://www.google.com/search?q=bplant+i3&oq=Bplant+i3&gs_lcrp=EgZjaHJvbWUqBwgAEAAYgAQyBwgAEAAYgAQyBggBEAAYHjIICAIQABgIGB4yDQgDEAAYhgMYgAQYigUyBggEEEUYPNIBCTEyNTY1ajBqNKgCALACAA&sourceid=chrome&ie=UTF-8

Posted by calvintaneng > 2024-01-13 23:29 | Report Abuse

For Jaya Tiasa

IT WILL BE ANOTHER SUCCESS STORY

Posted by DividendVen > 2024-01-15 17:13 | Report Abuse

waiting it to break Rm 1

Posted by calvintaneng > 2024-01-15 21:33 | Report Abuse

That is quite sure
Bplant little earnings (assets only) already Rm1.57 (was 57 sen)

Tsh already Rm1.01

Jtiasa Jumping in Earnings will play catch up soon

Thplant final laggard penny stock with 240,000 acres will soon play catch up as well

Posted by calvintaneng > 2024-01-18 01:57 | Report Abuse

Blog: PBA (5041) What Lessons I Received Plus 3 More: KPS, THPLANT & JAYA TIASA, Calvin Tan sharing

https://klse.i3investor.com/web/forum/forum-thread/608799651

Posted by calvintaneng > 2024-01-18 02:09 | Report Abuse

CPO has increased by Rm1,800 to Rm3,800 from Rm2,000

While Penang And Other Water Tarif up only 22 sen



DO YOU SEE WHAT I SEE?



BEST REGARDS

Calvin Tan

Posted by Ravetidus > 2024-01-18 09:52 | Report Abuse

Dear Calvin, what is the TP for this stock?

Posted by pang72 > 2024-01-18 17:02 | Report Abuse

I see through what Calvin thought now!

Posted by pang72 > 2024-01-18 17:03 | Report Abuse

Calvin being scold by 99 people
At least got 1 understand what Calvin thought. It is me:)

Posted by pang72 > 2024-01-18 17:06 | Report Abuse

At least need to mention target price $2.00
So, newbies will have some hope for those didn't know how to value plantation stock like me.

Posted by calvintaneng > 2024-01-18 20:23 | Report Abuse

Welcome guys

A simple yardstick to value Jtiasa is by Earnings since it has shown the fastest growth among palm oil shares

Like this
Last qtr result Jtiasa earns 6.9 sen

This qtr result which is next month should be about 6 sen more or less plus a dividend thrown in

So if we use 6.9 sen profit per qtr as a benchmark

Then annualised will be

6.9 x 4

= 27.6 sen profit

Now very simplistic valuation

If p/e is 10
Then Jtiasa should be worth Rm2.76

If people are bullish and assign P/E 15 for jtiasa then it will be Rm4.14

But if people are cautious and only give a conservative 5 times earnings than Jtiasa will be Rm1.38

So at whatever p/e people assign for Jtiasa any price below Rm1.00 is considered a bargain

Posted by Up_down > 2024-01-18 21:38 | Report Abuse

Calvin, your valuation model is exaggerated and it might only happen if CPO price trades above RM 6k per ton. Max 2.40 to trade on par with SOP & TAAN in current valuation.

Posted by calvintaneng > 2024-01-18 22:05 | Report Abuse

At current price TAANN forward P/E is 6.13

If we take 6.13 P/E then Jtiasa should trade at Rm1.69

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3403091

Posted by pang72 > 2024-01-18 22:14 | Report Abuse

Sound good to use TAANN as reference.
$1.69 got 69% upside. It is superd attractive and resistant for market crash later

Posted by calvintaneng > 2024-01-18 22:15 | Report Abuse

PBA CURRENT P/E IS 5.67

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3398547

if we benchmark Jtiasa at current 5.67 P/E like Pba

THEN JTIASA WILL BE WORTH RM1.56

SO NO MATTER HOW YOU COMPARE LEFT OR RIGHT

JTIASA CURRENT FORWARD P/E OF 3.6 IS THE LOWEST

FOR THIS REASON JTIASA IS VERY UNDERVALUE

Posted by Sslee > 2024-01-18 22:24 | Report Abuse

Just for comparision: What do you think Jayatiasa fair price?
Jayatiasa
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
345,778
Quarter end 30 Sept 2023
359,740
Quarter end 30 June 2023
224,649
Market Cap: 969 Million
NOSH: 974 Million
NAPS: RM 1.51
Share price: RM 0.995

Taaan
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
No yet announce
Quarter end 30 Sept 2023
210,829
Quarter end 30 June 2023
143,071
Market Cap: 1,614 Million
NOSH: 445 Million
NAPS : RM 4.10
Share price: RM 3.63

SOP
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
348,678
Quarter end 30 Sept 2023
352,149
Quarter end 30 June 2023
264,453
Market Cap: 2,377 Million
NOSH: 890 Million
NAPS: RM 3.86
Share price RM 2.67

Posted by Berlin > 2024-01-19 07:00 | Report Abuse

Sure, JTiasa is very undervalued by almost every tangible measure eps, ebita, nta, free cashflow etc. But it is the intangibles that keep its value down - past management practices including poor dividend record, investor relations and the like. It no longer has any significant institutional shareholders, not even EPF, which tells you something. Investors with long memories can tell you about the private placement in 2013 which raised RM331 million, the glowing picture painted and the subsequent tanking of the share price the next 10 years due in part to a poor timber market. Big investors do not forget something like that in a hurry. JTiasa needs to clean up that history; better interim dividends this coming quarter will help. The 20% dividend payout is only a guide and much higher dividends in line with improved performance will be one smart move. Also, an orchestrated road show to the investing community to highlight its attractiveness. Not sure if its IB is still CIMB.

Posted by Sslee > 2024-01-19 07:44 | Report Abuse

As I say before if not for the significient improvement in FFB production, paring down of borrowing and start paying dividend, I would not have invested in Jayatiasa

Posted by Berlin > 2024-01-19 08:58 | Report Abuse

I say this to JTiasa management; this year 2024, start showing us the money! Do something more proactive and exciting than related party transactions. Live up to the Tiong Hew King legacy as a shrewd businessman and captain of industry.

Posted by ks55 > 2024-01-19 09:12 | Report Abuse

JTiasa coming out from hibernation. Showing its claws now.........

Posted by calvintaneng > 2024-01-19 09:43 | Report Abuse

No turning back for this
'Jumping Tiger " now

Bplant up from 57 sen to Rm1.57 with no earnings but only assets

Jaya Tiasa has both assets plus EARNINGS

GIANT TREASURE. 206,000 ACRES
PENANG ISLAND = 72,900 ACRES

JTIASA HAS ALMOST 3 TIMES THE SIZE THE LANDMASS OF PENANG

PBA ONLY SELLS WATER TO PENANG AND JUST BY 22 SEN INCREASE OF WATER TARIFF PRICE JUMPED FROM 80 SEN TO RM2.50

IMAGINE: JTIASA OWNS PALM OIL LANDS
3 X PENANG LANDS

ALL PLANTED WITH MOST FRUITFUL OIL PALMS AT PRIME FRUITFUL AGE OF 14 YEARS

AND COST OF

WATER 5 KG BOTTLE RETAILS FOR RM2.40 IN 2 ECO SHOP

5 KG COOKING OIL RETAILS FOR RM30.00
IN SUPERMARKET

NOW CPO HAS JUMPED FROM RM2000 MT TO RM3800 MT

COMPARE

WATER TARIFF UP 22 SEN

CPO PRICE UP RM1600

CAN YOU SEE THE POTENTIAL OF "JUMPING TIGER"

PBA market is limited to Penang Island

Jtiasa Cooking oil, soap, shampoo, biofuel sells to China and India Teeming Billions and Whole Wide World

Posted by TiffanixLVxHermes > 2024-01-19 09:49 | Report Abuse

will take profit @ 1.05
re-enter below 1, yes long term TP: above 1.2
base on recent market sentiment, very likely morning star appear

Posted by Berlin > 2024-01-19 09:50 | Report Abuse

@ Calvintaneng: No thanks for posting recycled garbage. It continues to be nauseating. Go find something useful to do.

Posted by chongwee > 2024-01-19 10:24 | Report Abuse

kalau otak kayu baru labur kayu kayu

Posted by chongwee > 2024-01-19 10:25 | Report Abuse

labur iskandar

Posted by chongwee > 2024-01-19 10:25 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E8%8B%8F%E4%B8%B9%E9%99%9B%E4%B8%8B%E5%B0%86%E5%87%BA%E4%BB%BB%E5%85%83%E9%A6%96-%E6%9F%94%E4%BD%9B%E6%A6%82%E5%BF%B5%E8%82%A1%E9%AB%98%E6%AD%8C%E7%8C%9B%E8%BF%9B#google_vignette

Posted by Patient Investor > 2024-01-19 10:51 | Report Abuse

TP RM3 with annual free cash flow of RM250 mil

Posted by calvintaneng > 2024-01-19 11:43 | Report Abuse

Correct Rm3.00 possible for Jtiasa

But at that price Jtiasa still below historic high above Rm3.40

With Timber converted to palmoil plus now Fcpo at such high Rm3900

Jtiasa, Thplant, Tsh all with massive oil palm lands will do extremely well

We are talking about 80% to 100% gross profit

Where on earth and what business can offer such exceptional profit margins?

Posted by pang72 > 2024-01-19 12:01 | Report Abuse

Calvin,
I had said you must tell the newbies target price then they has the full view of profit if buying now....
Now, up liao lo..


1st tp $1.69

Posted by pang72 > 2024-01-19 12:20 | Report Abuse

Okok OK..

1st tp $1.69 refer to Taann
Final target $3.40 refer to historical. High when uncle YY touring JTIASA oil palm by Helicopter?

Posted by calvintaneng > 2024-01-19 12:39 | Report Abuse

Yes when Uncle Koon posted buy call for Jtiasa at Rm2.40 in year 2014 he told all he went up in a helicopter to survey Jtiasa vast lands in Sarawak

Jtiasa went up to Rm2.70 then

Now Jtiasa fundamental much much better


From over Rm1 billions debt to almost cash rich soon

2. From timber it SWITCHED TO OIL PALMS NOW 206,000 ACRES
BIGGER THAN SPORE TOTAL LAND MASS OF 180,000 ACRES

AT THAT TIME CPO WAS RM3K BELOW
NOW CPO ALMOST RM4000

So after Rm1.69 target it should cross Rm2 to Rm3

Posted by pang72 > 2024-01-19 13:43 | Report Abuse

Great! Uncle YY on site survey bear fruits after 10 years that JTIASA managed to turns the Greenland to plam oil plantation payoff $1B debt.
Soon to be cash rich and dividend counter

Posted by speakup > 2024-01-19 13:53 | Report Abuse

Many uncles aunties pakcik makcik last time follow KYY buy Jtiasa. I bet they just waiting to be released from KYY jail. LOL!

Posted by Fabien _the efficient capital allocator > 2024-01-19 15:22 | Report Abuse

The past is past. New management is much improved. Their average age of palm tree is 14 years. Bullish CPO bodes well for them.

Posted by pang72 > 2024-01-19 15:59 | Report Abuse

Wow! JTIASA hits $3.40 when Cpo $3000 in 10 years ago.(2014)
JTIASA should hit $3.40 when Cpo $4000 today (2024)

Posted by TiffanixLVxHermes > 2024-01-19 16:09 | Report Abuse

any minute to break thru 1.05 blocking :)

Posted by TiffanixLVxHermes > 2024-01-19 16:44 | Report Abuse

sold 1.05
Q 0.99
:) wait for opportunity

Posted by pang72 > 2024-01-19 17:06 | Report Abuse

$1.05 the best is yet to come but it is coming...
I am trying to understand ColdEye investment strategy...
He must see something good that we can't see...
The good one is coming next QR...
In fact, it is happening but nobody bother?

Posted by kohcl130562 > 2024-01-19 17:21 | Report Abuse

This should hit at least 1.50 once the last quarter result is out. Oct-Dec FFB is about 300,000 tons

Posted by calvintaneng > 2024-01-19 17:57 | Report Abuse

Pang72

Only now you see

Fong Siling aka ColdEye already saw potential of Jtiasa several years ago

He at first bought a very few thousand jtiasa shares

Then he increased his shareholdings to 5 millions

Latest AR (Annual Report) shows he again doubled his investments in Jtiasa from 5 million to 10 million Jtiasa shares

At today closing price of Rm1.05 that means Cold Eye value in Jtiasa is a cool Rm10.5 Millions

Posted by pang72 > 2024-01-19 18:10 | Report Abuse

Yes, yes, yes..
I hope I am not so late to be ColdEye No2:)

Posted by pang72 > 2024-01-20 13:49 | Report Abuse

The Q3 and Q4 FFB production are the same.
So, the coming QR shld be eps. 6.9c as well if not better!

Posted by StartOfTheBull > 2024-01-20 14:15 | Report Abuse

Q4 average selling price of oil palm produce is lower than Q3. Nevertheless, higher or lower gross profit for Q4 is also depends on the quantity the company sold in that quarter.

Posted by speakup > 2024-01-20 15:39 | Report Abuse

Shhhhhh don't let the cat out of the bag!

Posted by StartOfTheBull > 2024-01-20 15:55 | Report Abuse

CPO average price can be referred here.
https://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1Y&tahun=2023