Posted by investortrader88 > 2020-06-18 11:54 | Report Abuse

@ sftong2000.:)

Posted by sammofee > 2020-06-22 09:09 | Report Abuse

this company is undervalued

Posted by Bold_Investor > 2020-06-24 14:27 | Report Abuse

My Review,

Johore Tin will probably record a huge loss in the next quarterly report as it will show how they performed during MCO, a loss is to be expected, since their business is highly dependent on logistics, and logistics was restricted heavily during MCO.

I was also sure they would cut their dividends, which they did, which resulted in a massive sell-off.

But, despite knowing all that, the major shareholders and upper management kept buying more shares instead of selling off their holdings and buying back when market is stable. This gives me absolute confidence in the management.

They treat Johore Tin as an investment holding company first instead of treating it as a cannery or consumer goods company. And they were loaded up with cash and low debt before even MCO began, which means they are in the perfect position to leverage cheap interest rate loans. With a lot of cash in hand, little debt, and the designation investment holding company makes me believe they have enough capital and room to take on cheap loans to venture into new markets/industries as asset prices are cheap at the moment.

Their Price to Book ratio is amazing as well this quarter, if they even have to go bankrupt (which is borderline impossible at the moment), shareholders will still be somewhat well-compensated. So the downside is well protected.

As of the time of writing, Johotin's market cap is around 447 million, I believe the company has the potential to grow to a billion dollar company, especially when you keep in mind, a crisis is when companies have the opportunity to expand in size and operations. Primarily because they are well positioned to face this Covid crisis.

And finally, I would urge shareholders to take a look at December 2017's quarterly reports and December 2018's quarterly reports. It only took them a year to make a comeback. Also, note that their revenue is usually lower in the first quarter but slowly increases in each quarter (This seems to be a consistent pattern for the most part). However, I must say I depend more on annual performance than quarterly performance as any and all businesses are somewhat cyclical.

This was Risshiganesh Villalan,

Thank you.

Posted by Happyman123 > 2020-07-02 21:39 | Report Abuse

new product coming soon xD

Posted by JT90 > 2020-07-21 19:10 | Report Abuse

Any idea on company buy back share from 1.34 - 1.36?

Posted by Newbieinshare > 2020-07-21 20:00 | Report Abuse

share buyback is a good thing. it could mean that the company think the curent share price is undervalue. Another possible reason is the company trying to hold share price
But anyone know why it keep dropping?

Posted by Value888 > 2020-07-23 17:47 | Report Abuse

Can business stable. Will breakout like Kawan soon.

Posted by JT90 > 2020-07-23 19:30 | Report Abuse

Company share buy back again, price 1.33 - 1.34.

Posted by sammofee > 2020-07-23 22:46 | Report Abuse

This company is extremely undervalued. Will breakout soon

Posted by sammofee > 2020-07-24 07:03 | Report Abuse

Last quarter they reported a lower profit due to :
1. COVID 19
2. MCO restricted the production as workforce was reduced by 50%.
3. Their orders were reduced because of MCO and poor demand.

Posted by sammofee > 2020-07-24 07:05 | Report Abuse

Most likely their profit will increase within next quarter as the country has slowly opened up and order books are being filled. If you attend their last AGM they announced this. Recent insider buying also means that something is coming. Its going to break out soon like KAWAN.

Posted by keonkx123 > 2020-07-24 16:47 | Report Abuse

Averaged down at 1.30. Next average tp is 0.99.

Posted by sapurakencana > 2020-07-24 18:01 | Report Abuse

sammofee,dont compare johotin (Apple)with Kawan (orange),you need to compare with can one.Look like you attend AGM,what interesting news,did they disclose purpose of land acquisition?when to start construction?

Posted by SuperPanda > 2020-07-25 15:13 | Report Abuse

bought 1.30 and will continue collect all the way down, qtr rpt will be bad due to mco, expect price to continue drop at 1.10~1.20, then will jump back once market price factored in the downside

Posted by Value888 > 2020-07-27 11:17 | Report Abuse

Can business stable. Will breakout like Kawan soon.

Posted by Stanley Gan Cong Siong > 2020-08-02 00:48 | Report Abuse

I got friend work in Johotin, he told me that upcoming quarter result better than last quarter and last year Q2 as well....

I collect more already hopefully will drive by the good quarter results

Posted by sapurakencana > 2020-08-03 11:22 | Report Abuse

May be you can get his advise the status of Maxico factory & purpose of acquire land cost RM43mil,please!

Posted by Louise4 > 2020-08-03 17:46 | Report Abuse

will fly like Kawan tmr

Posted by sammofee > 2020-08-04 09:43 | Report Abuse

Still waiting.

Posted by sapurakencana > 2020-08-04 12:14 | Report Abuse

dont wait too long,it wil drop again! you need to think why?

Posted by sapurakencana > 2020-08-05 19:33 | Report Abuse

（吉隆坡5日讯）巴世立（PASDEC，6912，主要板房产）若无法在周五（7日）或之前向马证交所提呈截至2019年12月底的年报及已审计财报，该公司股票将从下周...This is a good lesson for all the retailer who like to play contra./short term.
Chinapress05 Aug, 2020 19:20pm - 5 minutes ago
05/08/2020 7:30 PM

Posted by khuen > 2020-08-10 11:01 | Report Abuse

Does anyone mind to share AGM detail and Q&A today?

Posted by okang > 2020-08-11 20:55 | Report Abuse

About 20 shareholders and proxies attended yesterday’s AGM. Generally positive outlook going forward from the management. Almost back to pre MCO demand in terms or order. At the moment got 1.5 months of order backlog which is a good indicator. Ramping up production now.

Posted by okang > 2020-08-11 21:01 | Report Abuse

Mexico plant’s commissioning is still impacted by Covid-19 pandemic travel restrictions. Progress is dependent on lifting of border closure. However once the plant is operational say next year, the venture should provide another leg of growth to Johotin’s bottom line. A big market for the Hispanic , and Asian community in North America.

Posted by okang > 2020-08-11 21:06 | Report Abuse

The 29 acres Kapar land purchase will stand Johotin for the next leg of multi year expansion. A good buy should it comes to fruition.
The management is planning to consolidate all Selangor plants at the new site in stages. There are plans for the new dairy production lines.

Posted by dawchok > 2020-08-11 21:12 | Report Abuse

Okang: Tqvm for the info. It’s helpful.

Posted by okang > 2020-08-11 21:13 | Report Abuse

Glad to see a few young shareholders and proxies attending the AGM and asked intelligent questions.

Posted by SwingTrader90 > 2020-08-12 09:45 | Report Abuse

https://www.theedgemarkets.com/article/removal-export-permit-processed-food-floriculture-hailed-beneficial-exporters

Posted by ltg100y > 2020-08-12 11:20 | Report Abuse

The Mexico plants has been delaying quite long, why still no shareholders screw the management? why still accept the management keep giving many excuses on this ?
Imagine if you continue delay your works at company, continue give many excuses, what will your manager look at you? Is your manager still smile to you or screw you ?

Posted by remus > 2020-08-12 14:01 | Report Abuse

@Okang thanks for sharing the info. thumbs up :)

Posted by laucsh > 2020-08-12 17:31 | Report Abuse

this coming QR is very important to share price....

Posted by KPH5328 > 2020-08-12 22:06 | Report Abuse

Okang thanks for sharing the info, appreciate it!

Posted by smartag > 2020-08-13 12:16 | Report Abuse

Undervalued, worth to buy, TP1. 6

Posted by wendycwl > 2020-08-13 12:26 | Report Abuse

ya ,insider keep buyback...something brewing..

Posted by investortrader88 > 2020-08-19 06:29 | Report Abuse

https://www.theedgemarkets.com/article/15-malaysian-companies-named-forbes-asias-best-under-billion-2020-list

Posted by Pinky > 2020-08-19 09:20 | Report Abuse

@investortrader88 thanks for sharing. Yeah JOHOTIN has good track records. I'm sitting on paper loss of close to 10% but I'm holding nonetheless. Investing for long term (I'm a dividend seeker)

Posted by investortrader88 > 2020-08-19 19:56 | Report Abuse

@Pinky.wlcm.same here.also holding.we dont have to worry about this stock.johotin is a good stock.enjoy div while waiting to reach tp. :)

Posted by khuen > 2020-08-23 19:54 | Report Abuse

thanks okang!

Posted by Pinky > 2020-08-24 11:53 | Report Abuse

Powering up today

Posted by Chong (Buy Valuable Stocks) > 2020-08-24 21:07 | Report Abuse

What happen?

Posted by smartag > 2020-08-24 21:08 | Report Abuse

1.60 tomorrow, hold tight.

Posted by Pinky > 2020-08-25 09:32 | Report Abuse

Wise investors would do well to cash out their windfall gains from Gloves and Healthcare and go back into stocks with strong fundamentals like JOHOTIN

Posted by gemfinder > 2020-08-26 17:28 | Report Abuse

Very good result. Declared dividen 1.7sen

Posted by investortrader88 > 2020-08-26 18:36 | Report Abuse

good qr !

Posted by windcai123 > 2020-08-26 19:00 | Report Abuse

i tot report will release by this friday, early thn expected with quite good result in current situation.

Posted by Happyman123 > 2020-08-26 22:18 | Report Abuse

The boss should consider to change the share name to be Johomilk! haha

Posted by gemfinder > 2020-08-26 22:22 | Report Abuse

Tomorow gap up. Too cheap to ignore

Posted by smartag > 2020-08-27 01:00 | Report Abuse

Q result slightly better, but revenue dropped. Share price already up 15%, wait n see first.

Posted by dawchok > 2020-08-27 07:43 | Report Abuse

Happy : "JohorMilk" is a wonderful name which reflects the core biz of this company. I like it.

Posted by fujiapple > 2020-08-27 12:47 | Report Abuse

Look like resistance stuck at 1.55.. can go further today?