Juz tell me which of Uncle Koon's reccomendation actualized...rsawit jtiasa mudajaya...all these with overvalued PE except Mudajay but revenue and order book declining badly instead.
10k hectare to be plant with plam three, two more oil mill building, reforest activity. of cause low profit.buy in and wait two three years. excluded forestry, 60k hectare palm tree, kmloong 15000 ha worth 900mil, 60k ha atleast 3600mil. hope lot ppl sell down and I can buy in with cheap price.
CIMB and AMMB on 22/5/14 released two diametrically opposing views on JTiasa. At RM2.68, CIMB calls it overvalued and a sell, however AMMB sees great potential in its palm oil acreage and calls a buy. Since they can't both be right, something has to give. Closing at RM2.61 on 23/5/14, there has been more selling pressure so far. My take? Short term weakness but long term strength; I hold. As a value investor, I will add more on price weakness below RM2.50.
Koon in his recent post said that he invests in this counter on a 20 year time span. Koon is 82 years old and recently said that he sold some shares (to take some profit he says and to reinvest in counters like Sarawak Plantations) for some pocket money. Is Koon going to see the fruit of his investment in JTIASA in 20 years time? Go figure! So trade this counter like Koon does.
King of twisting his words, he said he is in for long term, next you know he already sold his soul.
Posted by Koon Yew Yin > Jun 5, 2014 06:53 PM | Report Abuse
mmtalents, I cannot tell every to sell. What happen if I told you to sell and later the the price went up?
I have nothing to hide and my intention is honourable. As I said during my seminar on 1st June, I sold about 50% of my JT in the last few weeks at Rm 2.70 when there were lots of buyers. There were more sellers than buyers in the last few days. I suspect some people who attended my talk, heard that I sold JT. It does not mean that JT is not good any more. I still have about 20 million JT shares. I will buy back JT when it goes lower.
As I said 'no share can go up or down indefinitely for whatever reason'. I must sell some shares when they go up so that I have money to buy shares when they go down. In this way I can use my margin finance more effectively.
JT was trading at Rm 2.70 for a few weeks with fairly high daily turnover and it does not move higher. That is a good time to take some profit bearing in mind that it was around Rm 2.00-210 a few months ago. You can still sell at about Rm 2.60 and you get about 30% profit for a few months. How often can you make 30% in a few months?
He is, he still got 20 MILLION JT share. He need the dough to diversify to THPLANT, SARAWAK whatever. He got in when everyone is panic selling when price drop and sell when price is good. I don't think that is twisting his word. Only ignorant ppl will stay put when profit is there to be made and when other counters drop (those that he wants), of course one would sell part of it to raise tho to get in. He ain't stupid and he DO make a lot of money. When he is initially "telling" everyone to consider JT, it IS at RM2 to RM2.30.
To be fair to KYY, all his pertinent comments on JTiasa should be reproduced in full and not just one small portion, which in isolation, can be misleading to new readers. Judge the man fairly, on his merits, over time. Whether his judgement calls on this or that stock are right or wrong should not be the measure of the man. What is critical is his heart, which is in the right place. He is a man of strong beliefs. You may not agree with his politics, or his call on JTiasa and other stocks, but do not malign him. He shares his views only and that at his own expense. Remember that character assassination is often the hall mark of an anonymous coward.
I fully agreed with lohman. Uncle Koon cannot be telling everyone when to buy and when to sell. He had already kind enough told us to buy at around RM2.00. When to sell is up to individual's trading horizon. Is it a short, medium and long term horizon? Mine is a medium term horizon and I had already sold all my holdings at RM2.68 two months ago. If one did some researches two months ago, one will notice that the substantial shareholders were disposing the shares at around RM2.70. A signal to watch out. Pocketed my money and patiently waiting for the next move.
Whenever someone says that he has nothing to hide, he is likely hiding something! Worse if he says that his intentions are 'honourable'. Honourable to whom?! For this I am likely to be whacked by Koon's African adopted nephew - Frank Soweto!
Normal for him......after making use of his social status to hard sell like shit....then sold at 20-30% in few months time.....very smart super investor.....
Apa boleh buat,if u have financial resources,u can muscle yr way thru',if u have none,just do not be greedy and take whatever little profit u may have!
I don't understand too, sometimes KYY ask us to read on value investing, then some time he asks us to leverage on margin trading, then sometimes he said he is a gambler that take profit when the time is right.. so us small retail investors, all these are mixed signals that put in in confused state of mind.
so, don't listen to anyone, being, friend or foe, top analyst or not, honorable man or crook, do your own research and make your own call and decision, don't blindly follow.
he will tell you that if you buy in at RM2.3 and sell now at 2.49, u still make 8.9%, where in the world give u that great return within 3 months of time? huh?
the true fact is, I did not buy any JTiasa, but I had follow his article and his "promote" on JT, and also other ppl's comments, well, just my 2 cents of thought.
I also did not buy into jt,i just want to observe and analyse what all this people say.I will make my own decision when the right moments arrive.I will be responsible for ny own decision and blame no one if my decision turns sour!
Listen to any advice critically and it is critical to make our own judgement on buy and sell. I have to admit that I made some money by taking notice of KYY blog but did my own researches both technically and fundamentally. Set my target of trailing stop losses. Exited when the target got hit. Didn't manage to sell at the top but happy with the money I made.
KYY probably has shifted to BPlant. and when he has accumulated enough, then only he will start "promoting" it as a good stock. same like Jtiasa back then. did he "promote" that he was trying to exit Jtiasa? Every man is for his own. there is nobody with "honourable intentions" as he always brag he is. Trade with your own discernment, don't rely fully on articles written by non-independent source. Just my 2 cents.
I think he focus now on mudajaya-....expect. more new threads on this counter soon....using research report by may bank,rhb,hlbb,climb,affin,kenanga,hdbs etc.....enjoy
CPO mills will only be commissioning in 4th quarter. It shows that the management is unable to plan properly to cope with FFB growth. Most of FFB are sold to third party for further processing. The mills are supposed to be ready in last year.
Enterprise value = Market cap + Total Debt + Minority interests- Excess cash
In lay man term, it is the amount of money a person who wish to acquire JTIASA at current price is required to fork out. EV/ha is a ratio used to compare across multiple plantation companies based on the amount of plantation land they have. Using the ratio, the lower the value, the more undervalued the company is compared to its peers since you are paying less amount of money per hectare of land.... It is not necessarily the only metric you should use when deciding which company to buy although it is a good starting point. One should also consider other factors like the profitability, FFB yield, what type of land etc etc...
Just a final shot at those touting their personal honour for the sake of the newbies: A person who touts his/her own honourable intentions is almost certainly NOT honourable. This is because real honour is given by independent third parties. As the bible says: 'Let someone else praise you and not your own mouth, an outsider (meaning: independent third parties) and not your own lips (Book of Proverbs 27:2). If a person praises himself by touting his/her honourable intentions, he/she is usurping the rights of independent third parties (i.e. you and me who have nothing to do with the person so advertising his/her own honour) to praise or NOT to praise. Such a person's intention/motives are very, very unlikely to be honourable!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3140 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
L. C. Chong
536 posts
Posted by L. C. Chong > 2014-05-22 21:09 | Report Abuse
JTIASA analysis - http://lcchong.wordpress.com/2014/05/22/jtiasafundamental-analysis-22-may-2014/