Posted by Kong Ming > 2016-11-21 17:18 | Report Abuse

Everybody keep promoting this stock thats y its becomes too heavy...hahaha

Posted by Force > 2016-11-21 19:30 | Report Abuse

All lumber company result very bad even palm oil grow... must be careful

Posted by Force > 2016-11-21 19:30 | Report Abuse

Out today. Thanks all :)

Posted by Invest_168 > 2016-11-21 21:57 | Report Abuse

Look at Taann latest results which showed good sign of earning recovery & pick up, Jtiasa should be have similar good results as well. Based on rise of CPO price and weakening of RM & higher log price, the good future of JTIASA is foreseeable.

Posted by Kim > 2016-11-21 23:28 | Report Abuse

1st 1.50, 2nd 1.55 then 1.65..pass that..upper sky is the limit and no bother the TP.

Posted by mastertrader > 2016-11-22 00:48 | Report Abuse

yup that true Kim..nice Tp.

Posted by enning22 > 2016-11-22 11:21 | Report Abuse

today the sentiment is dampend by corruption report on FGV, otherwise price direction would continue its ascending path.

Posted by mickey77 > 2016-11-22 16:18 | Report Abuse

nice accumulation at 1.45-1.46 level

Posted by Hong Chin Huat > 2016-11-22 19:13 | Report Abuse

wtk quarter result turn to lose. duo whether jtiasa coming result will good or not.

Posted by red_85 > 2016-11-22 19:39 | Report Abuse

very hard...timber sector lost a lot of money...expect it to back to 1.2 below next week

Posted by stockraider > 2016-11-22 19:58 | Report Abuse

Jaya Tiasa timber div would not do well...hopefully palm oil can cover loh.....!!

Posted by imoogi99 > 2016-11-22 20:53 | Report Abuse

This is what stated in the their previoys Q result:

"Higher pre-tax profit was resulted from:-
-19% and 36% decrease in production cost as a result of 55% and 95% increase in
production volume in CPO and PK respectively; and
-24% and 19% improvement in average selling prices of FFB and CPO respectively."

This qtr production do show increase as well. FFB and CPO price also increase as well. Let see if both these positive numbers helps to covers timber div.

Posted by Annetan > 2016-11-22 21:27 | Report Abuse

By right,it should go up after breaking 1.44 but it did not despite rise in CPO and so many others recommending this stock besides COLDEYE who has many followers.Be careful,it could be a trap!

Posted by stockraider > 2016-11-22 22:40 | Report Abuse

Mayday...mayday....mayday...!!
Danger...danger....danger...!!
Avoid...avoid...avoid....!!

Don buy...!!
Wait for result 1st...!!

Sell 1st...!!
Don wait for result loh...!!

Posted by paperplane2016 > 2016-11-23 00:03 | Report Abuse

Haha....

Posted by leechen88 > 2016-11-23 06:09 | Report Abuse

same view wait after result.

Posted by enning22 > 2016-11-23 10:06 | Report Abuse

wtk 100% logging business ,its result suggests they managed a break even,not anything like damaging loses, therefore no course for alarm for jtiasa ,cpo could bring in profit, though not so rosy as earlier suggested.

Posted by hng33 > 2016-11-23 11:12 | Report Abuse

Sold back all Jtiasa at 1.40-1.41, cut loss, free up capital frist

Posted by sell > 2016-11-23 11:39 | Report Abuse

QR not out possible loss like WTK?

Posted by cephasyu > 2016-11-23 11:42 | Report Abuse

It's easy to take WTK's result and project it on JTiasa assuming that their timber and log division will drag Jtiasa down.

A few things that could be helpful in making your decision:
1. WTK's palm oil are still young. They are making losses
2. WTK suffered from one off loss from disposal of subsidiary
3. WTK's Timber division continued to be profitable in the latest Q
4. 81% of WTK's revenue comes from Timber and 2.5% from palm oil

So you shouldn't be so quick to superimpose WTK's result on JTiasa.

For JTiasa a few important things
1. Palm oil has been growing significantly while timber slows down due to the stricter chief minister
2. Most palm oil players are chalking record earnings (cepat, Tecguan, Inno). Some players are getting hit such as FGV due to bad investment in Turkey. Just because they had a bad quarter due to bad governance does not mean Palm oil is doing poorly
3. Taann's profit was actually quite strong. The only thing was that in the previous year, they recorded such strong profits due to forex gains (net cash with USD) that they could not beat that quarter

I could be wrong about JTiasa and they could be performing below expectations, but I agree with FSL that this is still an undervalued stock with significant profit growth from maturing plantations moving forward.

Please use your own discretion

Posted by cephasyu > 2016-11-23 11:47 | Report Abuse

I apologize, on the point below I made an error:

3. Taann's profit was actually quite strong. The only thing was that in the previous year, they recorded such strong profits due to forex gains (net cash with USD) that they could not beat that quarter


In reality, Taann in the corresponding Q last year had a Reversal of impairment loss on
property plant and equipment amounting to RM13.5m significant one off gain on top of forex gains.

Posted by sell > 2016-11-23 11:58 | Report Abuse

QR not out possible loss like WTK?

Posted by mastertrader > 2016-11-23 12:43 | Report Abuse

when is the date QR result come out?

Posted by red_85 > 2016-11-23 13:23 | Report Abuse

Soon..but better run first

Posted by hng33 > 2016-11-23 14:10 | Report Abuse

cephasyu

WTK lower profit due to lower plywood price prompted portfolio also cut Jtiasa today, as based on last Q result. jtiasa earning also rely mostly from its timber division albeit growing up contribution from CPO .

Posted by beso > 2016-11-23 14:12 | Report Abuse

all wood counters will be dumping one by one

Posted by cephasyu > 2016-11-23 14:37 | Report Abuse

I agree hng33, there is substantial risk in the plywood division of JTiasa.
The log division might be able to support the plywood in addition to the strong FFB harvest with high CPO prices.

Posted by hng33 > 2016-11-23 14:56 | Report Abuse

cephasyu

If not mistaken, Jtiasa oil palm start record positive profit about RM 20m in Q4, narrow down of its cumulative previous 3Q loss.

With growing up production and CPO volume, upcoming Jtiasa result oil plam division should record at least positive RM 30m profit, offset plywood division.

Hope for the best, good luck to you

Posted by cephasyu > 2016-11-23 15:29 | Report Abuse

Thanks hng33, all the best to you too with your decisions to free up your capital.

Posted by Sslee > 2016-11-23 19:44 | Report Abuse

Anyone attend AGM tomorrow? Can ask the BOD directly.

Posted by noah > 2016-11-23 19:58 | Report Abuse

who attending the AGM tomorrow hope can share some info with us over here.

Posted by imoogi99 > 2016-11-24 08:55 | Report Abuse

Today CPO price going to crack the RM3000 again. Possibly stays above RM3000 till 2017 this time around.

Posted by hotman87 > 2016-11-24 09:38 | Report Abuse

Good to heard that... continue go high ...

Posted by ZHAO > 2016-11-24 09:42 | Report Abuse

go go go

Posted by ljmeng > 2016-11-24 09:58 | Report Abuse

usd to rm ..... 4.47.....haha

Posted by 10bagger10 > 2016-11-24 11:00 | Report Abuse

agm any news?

Posted by mickey77 > 2016-11-24 11:12 | Report Abuse

steady level b4 next wave?

Posted by enning22 > 2016-11-24 11:19 | Report Abuse

all bearish factors had already price in for jtiasa, let wait for some good factors, at least today cpo broke 3000 rm psychology level, is very encouraging.

Posted by manji > 2016-11-24 11:32 | Report Abuse

No volume= all hold tight tight ?

Posted by Shadows > 2016-11-24 11:51 | Report Abuse

Bursa continue blood bath. That is really painful and BNM still maintain interest rate at 3%.

Posted by enning22 > 2016-11-24 14:04 | Report Abuse

jtiasa AGM today, wait for quarterly result report, anytime at the corner.

Posted by ZHAO > 2016-11-24 14:36 | Report Abuse

cpo 3000

Posted by enning22 > 2016-11-24 15:42 | Report Abuse

malaysia faced never before such desberate greedy,looting situation,therefore only export business and commodity business are doing ok,others are facing worsening enviroment ,as currency is crashing sharply,and domestic consumption declined.

Posted by Jon Choivo > 2016-11-24 17:20 | Report Abuse

Its going to be a fun day for your guys.

Posted by ooihk899 > 2016-11-24 17:22 | Report Abuse

result out, no good.

Posted by Vic Lee > 2016-11-24 17:26 | Report Abuse

prepare to take roller coster tmr :'(

Posted by ooihk899 > 2016-11-24 17:36 | Report Abuse

Timber lost money. Profit from palm oil.

Posted by lkoky > 2016-11-24 17:37 | Report Abuse

hmmm... it seems like the timber biz is really tough. Taann, wtk, flb, and now jtiasa...

Posted by Nigel Low > 2016-11-24 18:40 | Report Abuse

Prepare for gap down tomorrow.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5268641

Posted by beso > 2016-11-24 18:55 | Report Abuse

yes, sure gap down