Both Jtiasa and WTK are commodity export oriented business, timber + CPO will benefit from strength, now 1USD = RM 4.4, appreciated by about 15% alrdy. WTK is proxy to timber, Jtiasa is proxy to CPO
Stock: [JTIASA]: JAYA TIASA HOLDINGS BHD Nov 14, 2016 04:09 PM | Report Abuse
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.
Investing in this company is abit like investing in Allianz.
Both are great companies trading below NTA, but the owners have no intention of ever facilitating the share price increase through div payouts or share buybacks (Berkshire Hathaway), because quite frankly, they already own the thing and they know its real worth and have control.
Whatever increase will be due to the small time players shooting things up, but if you buy this share, better be ready to leave early or hold for 10-20 years, when they will try to privatize it, or the new generation take over.
That comment does not seem to add anything, like i said, im sure this will be pushed up, like Allianz, but after the peak, it will fall slowly for a very long time, and may not rise again.
@jon choivo"s view is not correct.plantation stock price fluctuations are largely based on the world-market price of commodities concerned, and the annual production figures.Jtiasa currently enjoys favourable of above mentioned factors. The forth coming quarterly report at the end of the month ,will tell the result, plus also will be telling us whether the management had managed properly in that period.
jtiasa produced average monthly , 100k ton FFB http://bepi.mpob.gov.my/admin2/price_ffb_region_view2.php, the revenue would be 100k x 650 rm, equavalent to roughly estimate 660x100,000=66,000,000 rm monthly income, of course you need to deduct respective operating expenditure.whatever it is , the PROFIT should be fantastic,somemore plus log income . You investment worth taking the risk.
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enning22
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Posted by enning22 > 2016-11-15 09:06 | Report Abuse
ringit weak, best for commodity stock, you need to hedge with actuals , while papar currency lost value. Simple economic.