there are few rocket-engineS for Jtiasa, log price, ringgit freefall, cpo price high , FFB prOduction improvement. COMING quarterly report out at end of this month, should give you some clues,
to answer why selling still around :we noticed sometimes back several months ago, it was traded at 1.10 or below, some people have bot it cheap, now sell off some portion, already good profit.right or not?
PETALING JAYA: Crude palm oil (CPO) futures crossed above the RM3,000 per tonne mark yesterday, a level not seen since September 2012, bouyed by the weaker ringgit against the US dollar as well as the still tight palm oil inventory situation.
The third-month benchmark CPO contract for Feb touched a high of RM3,089 per tonne before closing RM82 higher at RM2,976 per tonne.
MIDF Research analyst Alan Lim expected CPO prices to remain high trading at RM2,500-RM3,000 per tonne range in the next three months.
Remark: global capital going to inflow back to US, and together with interest hike, USD will getting even stronger. Currently 1 USD vs 4.41 RM...... export commodity stock due for re rating.
May i know the debt of Jtiasa is USD or RM? I tried to get from Annual report but i can't find it. I just knew their receivables is in USD. Appreciate your guys help.
Most of the debt is in MYR, got about USD5 mil, detail can obtain on page100, Note 27 on Annual Report 2016. It shows "USD denominated revolving credit RM20,108,000"
cool eye sifu said jtiasa planted more than 60k hectras palm oil trees in the pass 10 years n now the average of its trees are 7 years old. Itu tak pe.... we should thanks to jtiasa management for their good effort bcoz its share price is selling to us at half price. imagine 1 acres of planted palm oil tree is selling us at around 8k. (after deduct value timber assets).
Cimb and Uobkayhian coincidentally advise traders to take positioning this stock with target price range between $1.68 to$1.81 They pointed out this stock has strong uptrend with higher high and higher low. It's RSi, MACD and all MA have show positive sign of resuming uptrend. DMI also start crossing meaning strong uptrend.
Cold eye sudah back tips. Read again his speech. Very useful. He said if wanna make big money, don't sell after 10%,20% gain. His recommended stocks anytime above 100%,200%.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jenson68
1,471 posts
Posted by jenson68 > 2016-11-11 12:00 | Report Abuse
Undervalue share, gogogo