Posted by Ckk2266 > 2017-08-24 17:38 | Report Abuse

:(

Posted by lkoky > 2017-08-24 17:42 | Report Abuse

whats that 60M goodwill impairment for?

Posted by popo92 > 2017-08-24 17:46 | Report Abuse

What a surprise!!! I suggest management quit wood related business already, don't waste money

Posted by paperplane > 2017-08-24 17:48 | Report Abuse

joker company! hehe

Posted by godhand > 2017-08-24 18:24 | Report Abuse

Other expenses -66mil?

Posted by SXiang Tan > 2017-08-24 18:33 | Report Abuse

Did they mention why others expenses -66m?

Posted by o0o54088o0o > 2017-08-24 18:43 | Report Abuse

holy moly, the guys just bought in 479000 RIP

Posted by popo92 > 2017-08-24 19:00 | Report Abuse

An impairment loss of RM62.3 million on goodwill was recognised in the statement of profit or loss due to weak financial performance and the downsizing of the wood production activities of its subsidiary, Rimbunan Hijau Plywood Sdn Bhd, during the year. Further impairment loss of RM3.7 million on the carrying value of its plant and machinery used in the wood production activities was recognised.

Does this mean further loss are going to be lesser in future from wood production?

Posted by godhand > 2017-08-24 19:03 | Report Abuse

The loss makes no sense to me

Posted by chrisyap > 2017-08-24 19:16 | Report Abuse

alamak liao ! anyway the other expenses 66mil is the impairment, non cash item writing off as expenses, not impacting the cash flow but reduces the P/L EPS, if not this 66 mil, it is making money this quarter ...

Posted by chrisyap > 2017-08-24 19:18 | Report Abuse

see how low is the offer tomorrow hehe

Posted by Hwai Hooi > 2017-08-24 19:21 | Report Abuse

what is other expenses? got detail?

Posted by chrisyap > 2017-08-24 19:32 | Report Abuse

the other expenses are spend no cash hehe

Posted by Richard Tan > 2017-08-24 19:40 | Report Abuse

yoy oil palm operational profits increased 818%

Posted by titus > 2017-08-24 21:08 | Report Abuse

Jiak lat liao

Posted by hotman87 > 2017-08-24 21:20 | Report Abuse

The Board of Directors of JTH wishes to announce that it has recommended a single tier first and final dividend of 0.5 sen per ordinary share for the financial year ended 30 June 2017 subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company.

The Entitlement Date and Date of Payment in respect of the aforesaid dividend will be determined and announced in due course.

This annoncement is dated 24 August 2017.

Posted by Money > 2017-08-24 21:49 | Report Abuse

Who bought today..... Really jiak last liao... Disappear 10% in 24 hour.

Posted by jevia > 2017-08-24 22:19 | Report Abuse

disappointing palm oil segment with lower profit than Q3. weaker profit than Q3 if not consider the impairment loss 66M with no cash loss.

Posted by DisCiPline > 2017-08-24 22:49 | Report Abuse

joker company

Posted by rogers123 > 2017-08-25 00:10 | Report Abuse

Wahahaha. Hng, u kena again like wat happened to jaks. Cut loss again?

Posted by rogers123 > 2017-08-25 00:11 | Report Abuse

Jtiasa loss so much still can pay dividend. Well done

Posted by rogers123 > 2017-08-25 00:13 | Report Abuse

If i am the buyers today, i really wanna ham tao mai cheong

Posted by darrenliew > 2017-08-25 08:18 | Report Abuse

4Q LOSS DUE TO GOODWILL IMPAIRMENT OF 66M. OTHERWISE ITS 4Q WOULD HAVE BEEN PROFITABLE. OVERALL ITS FULL FYE2017 REMAIN PROFITABLE
ALSO THE IMPAIRMENT LOSS IS ITS JUST AN ACCOUNTING DEBIT ADJUSTMENT ENTRY WITH NO ACTUAL CASH OR REVENUE LOSS.

FUNDAMENTALS AND FINANCIALS REMAIN INTACT
Still paying a dividend.

JTIASA’S OIL PALM PLANTATIONS ARE WORTH A LOT OF MONEY. INDICATION FROM BOUSTEAD PLANTATIONS’ RM750M CASH OFFER FOR DUTA LAND’S COMPARITIVELY MUCH SMALLER ESTATES.
JTIASA’S PLANTATIONS ARE MUCH MUCH BIGGER IN ACREAGE.

Posted by darrenliew > 2017-08-25 08:30 | Report Abuse

NEXT QUARTER'S RESULTS AND PROFITS WILL BE MUCH BETTER WITHOUT ANY MORE GOODWILL IMPAIRMENT (ALREADY WRITTEN OFF IN ATEST Q

Posted by Chua See How > 2017-08-25 08:44 | Report Abuse

bad news maybe = good news

Posted by TomyamGong > 2017-08-25 08:48 | Report Abuse

If without the impairment loss portion, the result should be excellent. Moreover company is paying dividend during this crucial time, this mean management has confidence that coming quarters will be good. Just my personal view. Let's see how much it could drop today, good for long term investors to buy in.

Posted by hng33 > 2017-08-25 08:59 | Report Abuse

KUALA LUMPUR: Malaysian palm oil futures extended gains into a sixth session on Thursday and hovered near a five-month high hit in the evening on expectations that production growth will be slower than previously forecast.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 1.4 percent at 2,777 ringgit ($649.14) by the close, registering its strongest daily gain in more than two weeks.

Palm rose to an intraday high of 2,782 ringgit on Thursday, its highest since March 23.

Traded volumes stood at 50,096 lots of 25 tonnes each on Thursday evening.

"We are seeing small increases in production, which many did not anticipate. That is one reason why the market is holding up," one Kuala Lumpur trader said, referring to output so far this month. "Whether end-stocks (in August) will rise significantly again is another question."

Palm oil stockpiles at the end of July rose by a forecast-beating 16.8 percent to 1.78 million tonnes, the highest in more than a year, according to industry regulator data.

Production in July rose 20.7 percent from a month earlier to 1.83 million tonnes, also surpassing expectations.

However, gains in August inventory and production may not match those of July, according to traders who had earlier expected to see double-digit growth.

Another trader added that the market was also up on technical buying and short-covering but could face strong resistance at price levels of 2,800 ringgit.

Palm oil may retest resistance at 2,768 ringgit a tonne as it could have resumed its uptrend, said Wang Tao, a Reuters market analyst for commodities and energy technicals.

In related vegetable oils, the October soybean oil contract on the Chicago Board of Trade was up 0.4 percent, while the January soybean oil contract on the Dalian Commodity Exchange rose 0.2 percent.
The January palm olein contract on the Dalian exchange climbed as much as 0.6 percent.

Palm oil prices are affected by movements in other edible oils that compete for a share in the global vegetable oils market. - Reuetrs

Read more at http://www.thestar.com.my/business/business-news/2017/08/25/palm-extends-run-of-gains-on-production-expectations/#TvME7MdbooEgBqBF.99' target='_blank'>http://www.thestar.com.my/business/business-news/2017/08/25/palm-extends-run-of-gains-on-production-expectations/#TvME7MdbooEgBqBF.99

http://www.thestar.com.my/business/business-news/2017/08/25/palm-extends-run-of-gains-on-production-expectations/

Posted by hng33 > 2017-08-25 08:59 | Report Abuse

Ready to grab more on weakness

Posted by hng33 > 2017-08-25 09:01 | Report Abuse

Accumulate more Jtiasa at 1.03-1.04

Posted by paperplane > 2017-08-25 09:01 | Report Abuse

below RM1 only buy, no need rush, lousy company, lousy management

Posted by godhand > 2017-08-25 09:07 | Report Abuse

unexpectedly good support

Posted by hng33 > 2017-08-25 09:08 | Report Abuse

free up more capital from other stock, all in jtiasa at 1.05

Posted by godhand > 2017-08-25 09:08 | Report Abuse

im not convinced on the 66 mil loss.

Posted by limch > 2017-08-25 09:12 | Report Abuse

Still not factor in timber tax hike starting 1st July.

Posted by titus > 2017-08-25 09:13 | Report Abuse

godhand.....the good support is from hng33 :)
so now we know how deep pocket he has.....

Posted by limch > 2017-08-25 09:14 | Report Abuse

Is the result including July log 75% drop?

Posted by godhand > 2017-08-25 09:16 | Report Abuse

ta- ann is not affected much, selling price increase. so hike or not is not a big issue. just that early on u cant sell as much. it takes time to stabilize.

Posted by hng33 > 2017-08-25 09:19 | Report Abuse

use back margin line account, all in Jtiasa at 1.04

Posted by popo92 > 2017-08-25 09:19 | Report Abuse

best is don't take any action, wait next quarter result only decide

Posted by ahson > 2017-08-25 09:21 | Report Abuse

wow strong support..

Posted by Shadows > 2017-08-25 09:26 | Report Abuse

What happen to big drop

Posted by darrenliew > 2017-08-25 09:26 | Report Abuse

UNLESS THERE ARE OTHER IMPAIRMENTS UNKNOWN TO US.
THEN ITS DIFFICULT TO INVEST IN THIS COUNTER.
MANY OTHER LISTED OIL PALM COMPANIES ARE DOING SO WELL. BUT JTIASA IS REALLY SO DISAPPOINTING.
NOW WE UNDERSTAND WHY KYY HAD A BITTER EXPERIENCE WITH IT AND CUT LOSS LAST TIME

Posted by darrenliew > 2017-08-25 09:30 | Report Abuse

ON FURTHER THOUGHTS, I AM NOW MORE DOUBTFUL OF ITS PROSPECTS AND WILL BE MORE CAUTIOUS BEING AFRAID OF FUTURE UNEXPECTED NEGATIVE SURPRISES LIKE THIS SHOCKING IMPAIRMENT AND HUGE 4Q LOSS.

Posted by sctan > 2017-08-25 09:31 | Report Abuse

from TaAnn QR, its timber revenue dropped 10%, while pbt dropped by 50% for the 6months 2017. but oil palm rev and pbt improved by 50% and 300%.

Posted by rogers123 > 2017-08-25 09:34 | Report Abuse

After tat hng will tell u his average cost at 1.06

Posted by rogers123 > 2017-08-25 09:34 | Report Abuse

Hahahaha. Welldone

Posted by godhand > 2017-08-25 09:36 | Report Abuse

maybe hng know what happens. if the fundamental remain intact and the company still sees good earning profit, theres no reason to sell

Posted by fzank > 2017-08-25 09:36 | Report Abuse

cut loss on this lousy stock & switch all to Matang 0.11 .... at least MCA stock ....

Posted by rogers123 > 2017-08-25 09:36 | Report Abuse

Will below 1

Posted by rogers123 > 2017-08-25 09:36 | Report Abuse

Lose die u la hng