Posted by xiaoeh > 2024-01-25 11:29 | Report Abuse

Calvin since you stay SG
do u buy Bumitama, GoldenAgri, First Resources, Olam and Wilmar?
Which one the best?

Posted by Up_down > 2024-01-25 11:35 | Report Abuse

Why Jtiasa reported low profit in 2022 during CPO price bull run? The reason is mainly attributed to low FFB production resulting from serious labor shortage in harvesting fruits. The downward spiral effect did not stop in harvesting. It impacted get into lacking labor for the application of fertilizer and upkeep of the productive lands.

Posted by calvintaneng > 2024-01-25 11:44 |

Post removed.Why?

Posted by calvintaneng > 2024-01-25 11:50 |

Post removed.Why?

Posted by calvintaneng > 2024-01-25 11:56 | Report Abuse

Proverbs 10:4 & 5

He becomes poor that deals with a slack hand: but the hand of the diligent makes rich

He that gathers in summer is a wise son: but he who sleeps in harvest is the son that causes shame

Posted by xiaoeh > 2024-01-25 11:59 | Report Abuse

Thanks Calvin

Posted by speakup > 2024-01-25 16:07 | Report Abuse

Calvin great sifu of palm oil, want to ask your advice on MKHOP ipo. What is your view?

Posted by calvintaneng > 2024-01-25 16:32 | Report Abuse

Speakup

No need call Sifu lah
I just an ordinary person working harder than others that's all

Ok Mkh oil palm has 45,000 acres of oil palm touted to be in Ikn Nusantara (super boom time)

At Ipo 62 sen i think fully priced in and not much discount
But if buy based on ikn nusantara land boom then ok

Their lands are also priced like Tsh Resources around 11 sen, 9 sen and lower psf

Land prices in the very center of Ikn Nusantara has an asking price of the amazing value of Rm27.60 psf now

Research Houses and Malaysian Media are totally in the dark and ignorant of this

So i am extremely bullish on Tsh Resources as it has 94,700 acres of land in ikn nusantara or twice the that of Mkh oil palm

Posted by calvintaneng > 2024-01-25 16:38 |

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Posted by calvintaneng > 2024-01-25 16:39 |

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Posted by speakup > 2024-01-25 16:40 | Report Abuse

I see. So no point apply Mkhop ipo then

Posted by calvintaneng > 2024-01-25 16:51 | Report Abuse

From investment angle
No need.
For ipo fever and fast gambling maybe as 99% of the people do not know or don't care and also won't want to know as long as "some syndicate will lead in goreng"

For me i will watch and see
Meanwhile happily merrily add more Tsh on weakness

Posted by durian_jatuh > 2024-01-25 16:51 | Report Abuse

buy mkh then u get mkhop for free...

Posted by calvintaneng > 2024-01-25 17:19 | Report Abuse

Durian

To get one free Mkhop you need to buy 7 mkh shares at Rm1.45

Mkh already gone up double digit since news out. So there is no discount also as all already priced in

I see greatest value in Tsh at Rm1.03 now as we can get at 70 sen less than its peak price of Rm1.89 when insider bosses still buying

Plus another rm273 millions cash or about 18 sen coming in

Posted by durian_jatuh > 2024-01-25 18:43 | Report Abuse

calvin,
i bought mkh last year and thplant nov/Dec. what do u think about tp for thplant?

Posted by calvintaneng > 2024-01-25 19:33 | Report Abuse

Durian
very good question

At 1st these 4 stocks all with over 200,000 acres plantation lands were all below Rm1.00
bplant, Jtiasa, Tsh and Thplant

Then Ltat took Bplant private at Rm1.55

now Market has awakened to Jtiasa strong fundamental and Jtiasa has gone up to Rm1.18

Tsh has also crossed Rm1.00 to reach Rm1.03

So Thplant at 54.5 sen is now the only laggard left below Rm1.00

So of all 4 above Thplant is now the cheapest and offer us a bargain entry not to be missed

Posted by calvintaneng > 2024-01-25 19:43 | Report Abuse

And though Thpant share price now lowest it has the biggest plantation lands at 240,000 acres

to envisage how big is Thplant lands just take a good look at Penang Island

Penang Island total land area is 72,900 acres

Thplant 240,000 acres mean 3.3 x (times ) the size of Penang Island and the amazing thing is this

Thplant total paid up shares is 883 millions
and at 54.5 sen

the total value of all 240,000 acres land is valued at only

Rm545 x 883,000

= Rm481.2 millions

Posted by calvintaneng > 2024-01-25 19:48 | Report Abuse

When Bplant 220,000 across were offered by Tabung Haji at Rm1.55 per share they valued Bplant at Rm2.60 Net Asset Value and stated that Rm1.55 for Bplant was unfair but acceptable

now you must know Bplant total paid up shares are 2.24 billions shares

in contrast Thplant total paid up shares only 883 millions
so Bplant has 2.54 times more shares than Thplant

Posted by calvintaneng > 2024-01-25 19:51 | Report Abuse

Bplant at Rm1.55 with total shares is worth Rm3.48 Billions

now do you think Thpant is worth Rm481.2 Millions only ?

of course not !!!

Posted by calvintaneng > 2024-01-25 19:57 | Report Abuse

no wonder we see Tabung Haji has recently appointed 4 new directors for Thpant and the latest is Rashid Hussein who founded Rhb Bank and Rhb Investment Bank

all these 4 new appointed Directors are not men of agriculture which they know nothing

THESE ARE MEN OF HIGH FINANCE

AND WE ARE QUITE SURE AFTER FELDA WANTED TO TAKE FGV PRIVATE UNSUCESSFULLY DUE TO LOW PRICE OF RM1.30

LTAT SUCCESSFULLY TOOK BPLANT PRIVATE AT RM1.55

TABUNG HAJI WILL ALSO WANT TO TAKE THPLANT PRIVATE

ONLY THING IS TIME AND THE ULTIMATE PRICE TABUNG HAJI IS WILLING TO OFFER TO TAKE THPLANT PRIVATE

THAT IS WHY THOSE WHO MISSED BPLANT PRIVATIZATION SHOULD NOT MISS THPLANT

Posted by speakup > 2024-01-26 07:46 | Report Abuse

today pecah 1.20?

Posted by TiffanixLVxHermes > 2024-01-26 10:32 | Report Abuse

waiting for lower price to enter again
😂

Posted by hng33 > 2024-01-26 10:47 | Report Abuse

sold first at 1.19

Posted by calvintaneng > 2024-01-26 11:07 | Report Abuse

See you hng33

Calvin remembers you bought Drb-hicom in year 2017 on Ecommerce theme and Jack Ma coming

You followed Calvin bought Drb at 92 sen and with kungfu still made a few cents profit and sold below Rm1.00

Drb went up 200% to Rm2.70

Now we expect to see Jtiasa go higher

Posted by Patient Investor > 2024-01-26 11:37 | Report Abuse

@calvintaneng THplant debt is still pretty high, wouldnt Jtiasa a safer investment?

Posted by TiffanixLVxHermes > 2024-01-26 11:38 | Report Abuse

change my re-enter price to 1.09
😂 hope got chance la

Posted by pang72 > 2024-01-26 12:33 | Report Abuse

52wks high $1.20 touch..

Let jtiasa do the 2nd attempt few day later will break through definately

Posted by pang72 > 2024-01-26 12:34 | Report Abuse

Calvin, your eagle top coverage BJCORP starts to move...

Posted by pang72 > 2024-01-26 12:34 | Report Abuse

Hsr and new King move BJCORP fiercely and speedy

Posted by calvintaneng > 2024-01-26 14:48 |

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Posted by calvintaneng > 2024-01-26 16:30 |

Post removed.Why?

Posted by Sslee > 2024-01-26 17:25 | Report Abuse

https://www.bursamalaysia.com/market_information/market_data_overview
You can go to above link and see the forward month selling price

Posted by Sslee > 2024-01-26 17:26 | Report Abuse

Derivatives
Night & Day Session
Night Session
NO NAME MONTH LAST DONE CHANGE VOL (`00) OI
1 FKLI Jan 2024 1,505.0000 +0.5000 29,387 66,247
2 FCPO Apr 2024 4,013.0000 +19.0000 26,239 79,062
3 FKLI Feb 2024 1,507.0000 +0.5000 21,452 25,715
4 FCPO May 2024 3,967.0000 +12.0000 9,432 46,214
5 FCPO Mar 2024 4,023.0000 +20.0000 5,059 29,173
6 FCPO Jun 2024 3,905.0000 +6.0000 3,803 23,743
7 FCPO Jul 2024 3,841.0000 +2.0000 3,695 26,438
8 FCPO Feb 2024 4,012.0000 +15.0000 1,330 5,096
9 FKLI Mar 2024 1,493.0000 +0.5000 454 3,529
10 FKLI Jun 2024 1,494.5000 +1.5000

Posted by pang72 > 2024-01-26 20:09 | Report Abuse

Simply amazing..
Next week continue the journey

Posted by calvintaneng > 2024-01-26 22:35 |

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Posted by calvintaneng > 2024-01-26 22:41 | Report Abuse

Jaya Tiasa improving dividends can be clearly seen below:

24-Aug-2023 12-Sep-2023 DIVIDEND Second Interim Dividend RM 0.0170
28-Feb-2023 14-Mar-2023 DIVIDEND First Interim Dividend RM 0.0150
30-Aug-2022 27-Sep-2022 DIVIDEND Interim Dividend RM 0.0280
30-Oct-2018 30-Nov-2018 DIVIDEND First and Final Dividend RM 0.005
27-Oct-2017 29-Nov-2017 DIVIDEND First and Final Dividend RM 0.005

For year 2022 Jtiasa dividend was 2.8 sen

Last year Jtiasa gave 2 dividends

1.5 sen & 1.7 sen = 3.2 sen dividend

So in year 2022 was 2.8 sen dividend

Last year total dividend 3.2 sen (a jump of 14.2%)

Next month we can look forward to another generous dividends from Jtiasa again

So just hold tight

Posted by Ytl2023 > 2024-01-26 22:49 | Report Abuse

Last time I remember hng33 play sapnrg. Lose until pants drop. While party in Aussieland

Posted by calvintaneng > 2024-01-26 23:41 |

Post removed.Why?

Posted by calvintaneng > 2024-01-26 23:46 | Report Abuse

Whenever nowadays you see land transacted in Penang Mainland, Selangor, N. Sembilan, Melaka, Johor, Bintulu, Sarawak

You see most of them are Rm1 million per acre or more in value

Where can you find Rm6,250 per acre any more

Just like 40 years ago in Batu Road you can get 10 small durians for Rm10.00

One durian for one ringgit

You can never ever get Durian for one Ringgit today

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2016-07-25-story-h1448641768-_Calvin_The_Nine_Secrets_of_Selecting_Durians

Posted by calvintaneng > 2024-01-27 08:12 | Report Abuse

Happy morning

The same can be said like this

You can never get a good sized durian for one ringgit today and also you can never get good lands per acre at Rm6,250 an acre in Kemaman, Kluang, Serian , Bintulu or Lahad Datu today

the amazing thing is WE CAN STILL GET THEM BY OWNING THPLANT which own these lands still at old book value

these are like finding "mau sang Wang" durians misplaced in the pile of ordinary durian selling for a song

Posted by Patient Investor > 2024-01-27 11:45 | Report Abuse

@calvintaneng
thanks for the calculation shared. :)

Posted by speakup > 2024-01-27 18:01 | Report Abuse

I bought Swkplnt the same time as Jtiasa. My Swkplnt up <5% but Jtiasa already up >20%

Posted by Sslee > 2024-01-27 18:21 | Report Abuse

Below what I posted on Jan 18 2024 for comparision.

Posted by Sslee > Jan 18, 2024 10:24 PM | Report Abuse X
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 calvintaneng > 2024-01-28 02:39 | Report Abuse

Good question

Eagle Group has TAANN & SOP in its Top 10 Picks

See

https://klse.i3investor.com/web/forum/forum-thread/600622097

Posted by calvintaneng > 2024-01-28 02:43 | Report Abuse

And why Jtiasa now in Focus?

Look at SOP

Latest 3 Qtrs FFB (Oct to Dec 2023) 348,679 Metric Tonnes

Jaya Tiasa

Latest 3 Months (Oct to Dec 2023) 345,779 Metric Tonnes

Their FFB almost the same at 345K tonnes and 348K tonnes

But check carefully

Total Acres of SOP over 300,000 Acres

Total Acres of Jtiasa only 206,000 Acres

SO JTIASA WITH ONLY 2/3 OF SOP LANDS ARE NOW PRODUCING ALMOST EQUAL AMOUNT OF FFB

Posted by calvintaneng > 2024-01-28 02:46 |

Post removed.Why?

Posted by calvintaneng > 2024-01-28 02:46 | Report Abuse

The Market is Forward Looking

Cold Eye Bought INNO which later paid handsome dividends and price SHOT UP

Posted by calvintaneng > 2024-01-28 02:46 | Report Abuse

SO WILL BE JTIASA

Posted by Multibagger > 2024-01-28 04:56 | Report Abuse

If we do a quick comparison on these few metrics,
1. Efficiency - net profit margin %, ROE
2. Cheapness - Market Cap / Free Cash Flow
3. Asset quality - yield per acre

JTiasa appears to be the winner among Taann, SOP and SWK Plant but lacking in terms of dividend yield ( as compared to Taann). When Jtiasa catch up on dividend payout, then it will be an obvious overall winner. Let's see if the one in control has this intention .


Hi Calvin,
I am still waiting for your article to support your suggestion on why TSH is more undervalued than Jtiasa that you mentioned not too long ago :)

Posted by calvintaneng > 2024-01-28 06:46 | Report Abuse

Good morning Multibaggar

Today is the Christian Sabbath Day which we call THE LORD'S DAY and
is appointed as a Day of rest.

Since i read this i got a message. The Bible says, " The lines are fallen unto me in pleasant places; yes i have a goodly heritage (Psalm 16:6)

I shall follow up with A Sunday Sermon" to explain this in i3 forum
So see you later

Going for breakfast now