Posted by Pinky > 2020-11-19 14:29 | Report Abuse

@stockfish TA's report available on Bursa Malaysia official page on JOHOTIN

Posted by Dakewlest > 2020-11-19 19:34 | Report Abuse

Road to RM2 first.

Posted by gemfinder > 2020-11-19 19:39 | Report Abuse

Sold half 1.90

Posted by ruby20 > 2020-11-22 06:12 | Report Abuse

this counter on road to the sky and people dont know it yet

Posted by Pinky > 2020-11-24 09:37 | Report Abuse

I took off my profit (profited about 30%) on this counter at 1.88 yesterday, now let my original cost ride on see how far it can go. Seems to be a stubborn roadblock at 1.90

Posted by stockfish > 2020-11-24 12:12 | Report Abuse

qtr report out this week, a good one will send price above 1.90, hope for the best to come

Posted by stockfish > 2020-11-24 17:15 | Report Abuse

tmr gonna make new high! Record high quarterly PAT

Posted by Pinky > 2020-11-24 17:31 | Report Abuse

Report out:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107464

Not spectacular, but decent results.

Posted by Pinky > 2020-11-24 17:32 | Report Abuse

2 sen interim dividend announced too!

Posted by gemfinder > 2020-11-24 17:32 | Report Abuse

Good result. 2 sen dividen declred

Posted by Pinky > 2020-11-24 18:03 | Report Abuse

Yeah for revenue to just drop 2% and profit to be slightly better than the corresponding quarter, considering we're now in a pandemic, is very good indeed.

But I doubt this result will drive the stock higher toward TP of 2.10++. Most likely maintain around 1.80-1.90 I guess...prove me wrong! Go higher! :P

Posted by paperplane > 2020-11-24 18:25 | Report Abuse

sui sui lah!

Posted by IamValueInvestor > 2020-11-24 20:04 | Report Abuse

The TP of 2.10 is taking into consideration of contribution from JV in Mexico. Long term prospect is still intact.

Posted by sapurakencana > 2020-11-24 21:39 | Report Abuse

Dont too optimistic,as previous record,even good result declare,share price move up 5 to 10 cent then reverse back, hope this trend wont repeat again!

Posted by Shadow Fiend > 2020-11-24 22:56 | Report Abuse

Agree to IamValueInvestor, this quarter report hasn't include Mexico contribution yet which expected to commission next year to capture huge dairy market of America and Mexico.

A growth stock with good prospect is worth to hold even there is volatility in share price, so don't worry sapurakencana, any drop in share price is a chance to top up.

Posted by sapurakencana > 2020-11-25 09:31 | Report Abuse

basically i still receive 2 cents dividend,that is enough ,why should i worry? i just remind for those who like daily trade,this stock wont follow their will!

Posted by Pinky > 2020-11-25 09:38 | Report Abuse

Assuming constant 2 sen per quarter.

4.30% dividend yield at RM1.86. Hmm...not bad. But I'd think now is too late to buy, should just hold on to what u bought.

Posted by Bold_Investor > 2020-11-25 11:09 | Report Abuse

lol, after Public bank's price target, now everyone buying back their shares, without a doubt Johotin will hit the price target. Even management was confident enough to relentlessly buyback shares during the previous crash. Johotin's PE should be 16 for how effectively they are running their operations, proves that they are a reliable company even during a pandemic. If they keep this up, they will be the next Scientex. If you want to sell your shares, please do, cos panic selling = lower stock price, I don't care about stock price, I only care about dividends, and I'm relentlessly buying as much as I can, just like the management itself.

Posted by Shadow Fiend > 2020-11-25 12:25 | Report Abuse

@sapurakencana because you stated "don't be too optimistic", so I thought you are worry, then I have a chance to collect it from a lower price from you.

Posted by johnhuathuat > 2020-11-25 13:11 | Report Abuse

nice. collect some 1.82 this morning. Going long on this hurrah

Posted by sapurakencana > 2020-11-25 14:04 | Report Abuse

that is my advise for shorterm/daily trader.

Posted by Pinky > 2020-12-01 12:28 | Report Abuse

Wah today good show again!

Posted by johnhuathuat > 2020-12-01 12:44 | Report Abuse

yes! haha. keep until atleast 2.1 for me.

Posted by Dakewlest > 2020-12-01 17:16 | Report Abuse

Waiting for above RM2.00.

Posted by DJThong > 2020-12-01 17:44 | Report Abuse

I think range bound to 2 for now. Over 2 when Mexico JV contribution is in

Posted by Pinky > 2020-12-02 09:44 | Report Abuse

Wah RM2.00 come already!!!

Posted by Bold_Investor > 2020-12-02 10:13 | Report Abuse

This stock will cross at least RM2.3 when Mexico plant opens, but even then I will not sell my shares, this company's management is doing an amazing job. Going to hold for 10 years and reinvest the dividends.

Posted by Pinky > 2020-12-02 10:57 | Report Abuse

Actually do u guys see their Able Farm products sold in our supermarkets? I usually go 99SpeedMart only, don't go supermarkets.

Posted by fundamental_investor > 2020-12-02 11:23 | Report Abuse

Anyone know the Mexico JV plant already commence production?

Posted by sapurakencana > 2020-12-02 11:47 | Report Abuse

as a fundamental investor,time will reflect thier real price

Posted by Bold_Investor > 2020-12-02 15:38 | Report Abuse

My GOD! What's going on with this stock??!! Institutional Investors buying up?

Posted by Pinky > 2020-12-02 15:39 | Report Abuse

Wahhh pecah 2.00 liao! Kuat!

Posted by Bold_Investor > 2020-12-02 15:52 | Report Abuse

Whenever the stock crashes next time, even if their qr report is terrible, I will buy up. Because Johotin was the best bet I made this whole year, and it paid off massively, SDS second best bet, Scientex, third best bet.

Posted by paperplane > 2020-12-02 15:56 | Report Abuse

longtime no see, RM2!!!

Posted by Magic16 > 2020-12-02 15:57 | Report Abuse

could be 3.00 when Mexico plant operate

Posted by Pinky > 2020-12-02 19:30 | Report Abuse

Eh, Directors disposing hmm

Posted by gemfinder > 2020-12-02 23:03 | Report Abuse

Heading towrds 220

Posted by JayC88 > 2020-12-03 00:18 | Report Abuse

Pinky - Able farm products usually available in Econsave

Posted by spectre007 > 2020-12-03 01:43 | Report Abuse

How about becoming a mini Dutch Lady? What do you think the share price will be?

Posted by Pinky > 2020-12-03 09:27 | Report Abuse

@JayC88 thanks for the info

Posted by Bold_Investor > 2020-12-03 10:29 | Report Abuse

Director selling to raise capital in case it crashes to buyback shares again at low price since this stock has been unnecessarily crashing for the past few months despite good performance. Note that Mr Goh only sold 239100 shares, not that much compared to what he is actually holding, more than 59 million units, and even that he only sold from his wife's account not his own account, probably when it crashes he will buy back for his own account. smart move in my opinion since investors will probably cash out after dividend payment. I don't care though, because this stock is starting to get noticed more by institutional investors. So even if stock crashes institutional investors will keep buying to shoot this up. So far this whole year all investment banks have been telling to keep buying, TA, Public Bank, most new investors came here after reading TA's report. What makes you think they won't rush to buy Johotin stocks when it crashes? Also ask yourself, How many non-tech, non-glove Malaysian companies are managing their operations as well as Johotin during Covid? Not many opportunities besides Johotin and Scientex. Investors are waiting for a crash again, and if next qtr is green, this stock without a doubt will shoot to 2.3 - 2.5 at least. I was initially planning to sell at 1.90 but now I want to hold long term because EPF, KWSP, Ambank, Hong Leong and Standard Chartered already holds a large portion of shares in Johotin, once business becomes stable and their dairy division starts expanding further EPF/KWSP will buy more because of stable dividend growth and payment which they will use to pay retirees. When they start buying more, sky is the limit. Few months back, company value was 440 million. Now company value is at 620 million. Soon it will be 1 billion. In the end of the day our milo and teh tarik is not perfect without tin milk. Economic circumstances may chance, but culture, tradition and habits will not.

- Risshiganesh Villalan.

Posted by Pinky > 2020-12-03 10:35 | Report Abuse

@Bold_Investor

"EPF, KWSP, Ambank, Hong Leong and Standard Chartered..."

This info from where?

Posted by Bold_Investor > 2020-12-03 10:48 | Report Abuse

@Pinky

11.64%
Keng Ng 35,801,208 MYR72.3m 0% no data
11.61%
Mia Goh 35,723,026 MYR72.2m 0.06% no data
7.78%
Swee Goh 23,936,620 MYR48.4m 0% no data
6.6%
Standard Chartered Bank, Asset Management Arm 20,290,400 MYR41.0m 0% 0.21%
4.54%
AMMB Holdings Bhd, Asset Management Arm 13,971,100 MYR28.2m 0% 5.87%
4%
Genting Perwira Sdn Bhd 12,316,799 MYR24.9m 0% no data
3.43%
Hun Lim 10,539,999 MYR21.3m 0% no data
3.24%
PMB Investment Berhad 9,969,000 MYR20.1m 0% 2.34%
2.94%
Tai Boon Chua 9,029,231 MYR18.2m 0% no data
2%
Jin Guang Kua 6,152,888 MYR12.4m 0% no data
1.72%
Ah Yeow 5,276,442 MYR10.7m 0% no data
1.67%
Hong Leong Asset Management Bhd 5,150,000 MYR10.4m 0% 0.15%
1.63%
Evli Fund Management Company Ltd. 5,000,000 MYR10.1m 0% 0.08%
1.59%
Yik Toon Ng 4,899,633 MYR9.9m 0% no data
1.29%
Toh Peng Lock 3,980,000 MYR8.0m 0% no data
1.15%
Employees Provident Fund of Malaysia 3,523,790 MYR7.1m 0% no data
1.08%
Versalite Sdn Bhd 3,313,333 MYR6.7m 0% no data
0.98%
Siling Fong 3,000,000 MYR6.1m 0% no data
0.86%
Yock Hua Sia 2,640,866 MYR5.3m 0% no data
0.71%
See Ooi Loke 2,191,500 MYR4.4m 0% no data
0.69%
Pheim Asset Management Sdn. Bhd. 2,128,200 MYR4.3m 0% 1.92%
0.68%
Chee-Kwang Chong 2,084,800 MYR4.2m 0% no data
0.66%
Siew Kai Tee 2,020,000 MYR4.1m 0% no data
0.65%
Neoh Choo Ee & Company Sdn Bhd 2,000,000 MYR4.0m 0% no data
0.61%
Kumpulan Wang Persaraan 1,880,000 MYR3.8m 0% 0.01%

Source: https://simplywall.st/stocks/my/food-beverage-tobacco/klse-johotin/johore-tin-berhad-shares

Posted by Pinky > 2020-12-03 10:56 | Report Abuse

Thanks! Hmm that looks interesting! This is a stock to hold indeed

Posted by Bold_Investor > 2020-12-03 11:09 | Report Abuse

Note how many institutional investors are holding Johotin shares. I'm confident their holdings will increase soon as they would have sold by now if they think Johotin is overvalued, but it's not. Everyone is waiting for a crash. Even me. And when it crashes everyone will panic buy which will shoot up the shares further. Refer to my post in 25/11/2020. Everyone was panic selling during that time because they were not satisfied with qtr performance. But just yesterday, the shares hit an all time high.

Even RHB praised Johotin this year.
Refer: https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-14-story-h1507032134-RHB_20_Jewels_2020_Edition.jsp

Posted by Bold_Investor > 2020-12-03 11:20 | Report Abuse

As more investors become aware of Johotin, more people will buy shares as soon as there is a dip. Which, in the long run will lead to lower volatility, further increasing investor confidence which will lead them to buy more shares. The beginning of an upward cycle. Every company has a tipping point. Tesla and Johotin's tipping point is this year, as everyone was selling their shares, they were busy expanding. Johotin earned my confidence after recovering quickly from their March performance. Let's see what happens when Mexico plant opens up.

Posted by Pinky > 2020-12-03 11:34 | Report Abuse

@Bold_Investor https://simplywall.st/ is your page ah?

Posted by Bold_Investor > 2020-12-03 12:04 | Report Abuse

@Pinky

Nope, but it's one of the websites I use to sift through financial data. i3investor seems to have good data as well. Which is why I visit this forum quite often.

Posted by mrmeow > 2020-12-07 09:35 | Report Abuse

Retracement ending, preparing for a continuation of uptrend

Posted by Pinky > 2020-12-08 09:38 | Report Abuse

I think temporarily no steam already, park at 1.80-1.90 til Mexiso plant start contributing