Posted by Sslee > 18 hours ago | Report Abuse

Aiyoyo.
Know what is depreciation?

Segmental Information
The financial information in respect of the Group’s business segments for the current financial period ended 30 September 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 253,417 17,863 378 - 271,658
Inter segment 226,673 38,592 601 (265,866) -
Total Revenue 480,090 56,455 979 (265,866) 271,658
EBITDA 147,470 501 (1,444) - 146,527
Finance cost (837) (2,095) (20) - (2,952)
Depreciation and amortisation (31,508) (2,329) (489) - (34,326)
Segmental result 115,125 (3,923) (1,953) - 109,249
Group admin and overhead cost (7,898)
Profit before tax 101,351

30/09/2024 30/06/2024
RM'000 RM'000
Current Assets
Inventories 106,615 48,662

Posted by jjohnchew > 18 hours ago | Report Abuse

Jtiasa vs SwkPlnt , Kimloong n SuburTiasa Total Assets:

Total Assets Summary illustration:

Jtiasa : 👉👉Is Reduced by RM 427 million from FY 2019 to 2024 , ie : over 5 years .


SwkPlnt: 👉👉Is Increased by RM 101.3 million from FY 2018 to 2023 , ie : over 5 years .


Kimloong: 👉👉Is Increased by RM 274.1 million from FY 2019 to 2024 , ie : over 5 years .


SuburTiasa : 👉👉Is Increased by RM 31.9 million from FY 2019 to 2024 , ie : over 5 years . ( note : under same RH Group with Jtiasa)



>>>>>>

Jtiasa :

>>> Recap some hidden risks :


1.) Total Assets is reduced :

FY2019 : RM 2406 million

2023 : RM 1955 million ( - 451 million )

2024 : RM 1979 million ( + 24 million )

👉👉Is reduced by RM 427 million from FY 2019 to 2024 , ie : over 5 years .


2.) FY24 : Impairment of Total RM 151.2 million!😱🤔


👉👉👉QR September 2024 : RM 1969.6 million


3.) >>> New CEO is appointed on July 2021 internally from RH group !

Prior to his appointment as CEO, Dato’ Jin was the Chief Operations Officer of
Rimbunan Hijau Group based in Sibu Headquarter since 2019. 👉 He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.

Direct % : 0.013 as on 22/9/2024


4.) FY25 FFB output : Oct-Nov 2024 vs Oct-Nov 2023


2024 Nov : 88,953 ( less 22.17 % vs 2023 Nov )

2024 Oct : 110,504 ( less 16.63 % vs 2023 Oct )



>>> Compared to Sarawak Plantation :

FY2018 : RM 854.7 million ( Liabilities: RM 319 million)

2023 : RM 956 million ( Liabilities: RM 213.3 million)

👉👉Is Increased by RM 101.3 million from FY 2018 to 2023 , ie : over 5 years .


👉👉👉 QR March 2024 : RM 964.8 million ( Liabilities: RM 203 million) .



>>> Compared to Kimloong Plantation :

2019 July : RM 996.2 million ( Liabilities: RM 172.3 million)

2024 July : RM 1270.3 million ( Liabilities: RM 249.2 million)

👉👉Is Increased by RM 274.1 million from FY 2019 to 2024 , ie : over 5 years .



>>> Compared to SuburTiasa Plantation :

2019 October : RM 1454.4 million ( Liabilities: RM 894.9 million)

2024 September: RM 1486.3 million ( Liabilities: RM 841.6 million)

👉👉Is Increased by RM 31.9 million from FY 2019 to 2024 , ie : over 5 years .

Posted by jjohnchew > 18 hours ago | Report Abuse

Hoho KonLee why ah only Jtiasa had Depreciation, other 3 companies: Sarawak Plantation , Kimloong Plantation , SuburTiasa don’t have Depreciation ke ??? 🤣🤣🤣🤔

Posted by jjohnchew > 0 seconds ago | Report Abuse

Jtiasa vs SwkPlnt , Kimloong n SuburTiasa Total Assets:

Total Assets Summary illustration:

Jtiasa : 👉👉Is Reduced by RM 427 million from FY 2019 to 2024 , ie : over 5 years .


SwkPlnt: 👉👉Is Increased by RM 101.3 million from FY 2018 to 2023 , ie : over 5 years .


Kimloong: 👉👉Is Increased by RM 274.1 million from FY 2019 to 2024 , ie : over 5 years .


SuburTiasa : 👉👉Is Increased by RM 31.9 million from FY 2019 to 2024 , ie : over 5 years . ( note : under same RH Group with Jtiasa)

Posted by jjohnchew > 17 hours ago | Report Abuse

Is this as :

Posted by Sslee > 1 day ago | Report Abuse

Aiyoyo someone still do not understand total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million is a clear sign of fraud, malpractice, impropriety and misconduct of insiders syphoning money to their related parties or own pocket.

Posted by jjohnchew > 17 hours ago | Report Abuse

Hoho Jtiasa 2023 AGM minutes:

6.
What was the average FFB and CPO cost incurred by the Group in FY2023? With the fertilizer prices more stable in FY2024 and expected increase in FFB production, will there be further decline in the cost of FFB and CPO in FY2024?

👉 The average cost for FFB and CPO were RM463 and RM2709 per metric tonne (MT) respectively in FY2023. We expect higher FFB and CPO production in FY2024 compared with last year which will lower the unit cost of production assuming market price maintains.


21. WHAT IS CURRENT COST OF PRODUCTION, INCLUSIVE OF FERTILIZER,LABOUR ETC,,
SOON JTIASA WILL BE NET CASH CO. MOVING FORWARD WHAT ARE THE PLANS, FURTHER ACQUIRED OF LANDS, DIV, PLS BRIEF ACCORDINGLY THANKS

👉The current CPO cost of production is below RM3000 per MT.

Posted by jjohnchew > 17 hours ago | Report Abuse

Hoho 👉We expect higher FFB and CPO production in FY2024 compared with last year >>>

👉 July-Sept: FFB MT Output

2019: 425,801

2020: 326,209 ( - 23.4 % vs 2019 )

2021: 195,447 ( - 54 % vs 2019 )

2022: 263,948 ( - 38 % vs 2019 )

2023 : 359,740 ( - 15.5 % vs 2019)

2024 : 343,397 ( - 19.4 % vs 2019 )

—-


Jtiasa FFB production output is reduced significantly compared to 2019 :

> 2002 started diversify replanting:

👉 July-Sept: FFB MT Output

2019: 425,801

2020: 326,209 ( - 23.4 % vs 2019 )

2021: 195,447 ( - 54 % vs 2019 )

2022: 263,948 ( - 38 % vs 2019 )

2023 : 359,740 ( - 15.5 % vs 2019)

2024 : 343,397 ( - 19.4 % vs 2019 )

👉👉👉 FY25 FFB output : Oct-Nov 2024 vs Oct-Nov 2023


2024 Nov : 88,953 ( less 22.17 % vs 2023 Nov )

2024 Oct : 110,504 ( less 16.63 % vs 2023 Oct )

👉👉 > Compared 2024 July- September to 2023 is reduced by - 4.54 %


> > Possible causes:

a.) Replanting schedule based on replanting cost ! Replanting cost RM 25,000 per hectare. Trees are getting Old ….

b.) 54 % Own Plantations is identified by Sarawak gov on February 2024 is suitable for Hybrid Rice cultivation !

Posted by jjohnchew > 17 hours ago | Report Abuse

TSH Response
The cost of production per metric tonne for CPO in FY2022 was about RM1,900 vs RM1,500 in FY2021. The cost of production for FY2023 is expected to be about RM2,000 to RM2,200.

Hoho minimum wages in Indonesia on November 2024 :

1.) Bali : RM 796

2.) West Kalimantan: RM 754

3.) South Kalimantan: RM 928

Posted by jjohnchew > 17 hours ago | Report Abuse

KUALA LUMPUR (Oct 18): The country's monthly minimum wage will be raised to RM1,700 from RM1,500, effective from Feb 1 next year, announced Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in his Budget 2025 speech.18 Oct 2024

Posted by jjohnchew > 7 hours ago | Report Abuse

Hoho ssleeee ur KonPetHuangbk is so low class le ….

Felix888999MummyDie
Felix888999MummyDie | Joined since 2024-12-28

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Posted by Felix888999MummyDie > 5 hours ago | Report Abuse

@jjohnchew ...the SIO KAN price for fccuking my mother is increased from 150rm per fccuk to 170rm per fccuk based on wage increase from 1500 to 1700

Posted by Vincenzo999 > 7 hours ago | Report Abuse

Auntie Huang Bok Kai is the Bangla Macai.

Shameless liar OTB's macai.

Now we know who is that low class people.