jjohnchew

Hoho taught someone had requested to ask Production Cost ?

Latest 2024 AGM minutes:

While the increment of RM200 in minimum
wages from the current RM1,500 represents 13% increase, the overall impact to the Group’s cost structure is minimal as it only affects a small portion of our workforce.

Around 10% of the Group’s current workforce will be affected by the revised minimum wage policy.



Posted by jjohnchew > 1 hour ago | Report Abuse
Hoho as for the Production cost earlier from Average RM 2750 / mt to Below RM 3000 / mt ….

1 day ago

jjohnchew

Hoho KonLee PT MM is Musim Mas ke ???

Musim Mas Group

Our business involves every part of the palm oil supply chain: from managing plantations and mills to refining crude palm oil and ...

1 day ago

Sslee

REFORESTATION
Manpower shortage continued to be an existential issue in this division. Despite this, in FY2024, the Group planted a total of 6,821 hectares in our LPFs bringing the total planted area to 45,966 hectares and the total number of planted trees to 4,065,071.

May I known when reforestation can to harvest? As AR 2006, reforestation started planting; As AR 2010, 29924 Ha is planted at 2010. Understood that reforestation is 12-15 gestation period. Why reforestation
still not in harvest time?

Yes, some of our planted trees have reached maturity stage. We are in the early planning stage where we are assessing the correct strategic entry point to start harvesting cycle as we need to ensure there are sustainable trees supplies that meet the harvesting condition under government's policy to achieve economy of scale.

At the moment, we are not focusing on the log manufacturing business until we have a sustainable supply of logs from our concession areas and/or planted forests. Only then will we consider all possible business models, including diversifying our customer base or exploring joint ventures with Chinese Companies.

1 day ago

Sslee

Unutilized tax losses and unabsorbed capital allowances amounted to RM670.7 million and RM227.5 million respectively in FY2024 (Page
130 of the annual report).
Are there ways the companies can actually realize these benefits?

A lot of the unutilized tax losses were related to impairment in the planted forest. If we are able to sell the logs from the planted forest in the export market for USD250 per cubic meter, then we will be able to utilize the tax losses brought forward.

Jasa Tiasa not yet harvest any of its planted forest (planted trees 4,065,071).

Jaya Tiasa is assessing the correct strategic entry point to start harvesting cycle as we need to ensure there are sustainable trees supplies that meet the harvesting condition under government's policy to achieve economy of scale.

1 day ago

jjohnchew

Hoho what is WHD’ ROI ???🤔

2024 AGM minutes:

6. In 2023, the Company acquired 55% stake in Wealth Houses Development Sdn Bhd (WHD) for RM52 million, what is the expected ROI in this investment?

The acquisition of WHD in 2023 is strategic in nature to expand the total oil palm plantation land bank directly owned by the Group.

WHD owns a parcel of plantation land of
5,967.1 hectares in size.

This acquisition affords the Company a controlling interest in WHD and ensures security of tenure for future oil palm replanting.



2023 AGM minutes:


WHD contributed over 24,000MT of FFB production in 1Q FY2024.
Total revenue contributed in 1QFY2024 was about RM16 million.

1 day ago

jjohnchew

15. Almost 5 months has passed since the
Management gave FY 2025 Budgeted FFB
production of 1,211,852 MT. Is that
budgeted FFB production remaining on
target?

Up to Oct 2024, we managed to achieve 94% of the year-to-date targeted production.

>>>



> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Sum = 343,397

2024 Oct : 110,504

Total = 453,901

Represent 37.46 % of FY 2025 Budgeted FFB production of 1,211,852 MT

2024 Nov : 88,953

Total =. 542,854

Represent 44.8 % of FY 2025 Budgeted FFB production of 1,211,852 MT


Note : Production Peak Season is from May to November… December to April is Low Season.


An illustration:

Balance 7 months ( December 2024 to June 2025 ) , taken 2024 Nov : 88,953 x 7 ‎ = 622,671

Represent 51.4 % of FY 2025 Budgeted FFB production of 1,211,852 MT

Illustration % = 44.8 + 51.4 = 96.2 %


—-

November 2023 = 114,287
December 2023 = 98,939
January 2024 = 87,820
February 2024 = 67,331
March 2024. = 61,673
April 2024 = 67,084
May 2024. = 82,084
June 2024. = 83,967

1 day ago

jjohnchew

Hoho not only Log n Timber … but Engineering Woods also ke … mandatory to carry out physical inspection..


Physical Inspection will be carried out before export licence is approved. It is mandatory to carry out physical inspection for logs and timber products exported using containers. For finger joints, dowels and mouldings, it is mandatory to carry out physical inspection either exported using containers or otherwise.
https://www.sarawaktimber.gov.my › ...
Application of Export License - Sarawak Timber Industry Development Corporation

1 day ago

jjohnchew

Hoho no worries, just wait lo …

Not from 2024 AGM minutes:

2.
May I known when reforestation can to harvest? As AR 2006, reforestation started planting; As AR 2010, 29924 Ha is planted at 2010. Understood that reforestation is 12-15 gestation period. Why reforestation still not in harvest time?

Yes, some of our planted trees have reached maturity stage. We are in the early planning stage where we are assessing the correct strategic entry point to start harvesting cycle as we need to ensure there are sustainable trees supplies that meet the harvesting condition under government's policy to achieve economy of scale.

1 day ago

jjohnchew

👉3. Since the log trading and the forest division have been making losses and build up some tax losses you can utilize in future. Is there any plan to utilize those losses?

Losses suffered in the timber division were mainly related to reforestation. Offsetting those losses could only be from the future profit from the same business.

23 hours ago

jjohnchew

Hoho oredi posted many hidden Risks … let’s focus on Coming QR ended December 2024 :

👉👉👉 FY25 FFB output : Oct-Nov 2024 vs Oct-Nov 2023


2024 Nov : 88,953 ( less 22.17 % vs 2023 Nov )

2024 Oct : 110,504 ( less 16.63 % vs 2023 Oct )

👉👉 > Compared 2024 July- September to 2023 is reduced by - 4.54 %


>>>
2024 Nov vs 2024 Oct is reduced by 19.5 %.

As the Production Peak season is from May to November…

2024 December FFB output is expected to be Less than 2024 November.

23 hours ago

jjohnchew

Hoho oh KonLee I am name dropping again le …


posted TG TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 .

I did a study on Demand vs Supply of 7 local nitrile gloves companies posted on August 2020 that supply shl be fulfilled demand by netx 12 months from August 2020 .

23 hours ago

jjohnchew

Hoho alamak yesterday Volume is High , but Today what happens ??? Yesterday is unloading ke ???

Date Price Open High Low Volume
2024-12-16 1.41 1.38 1.43 1.35 10,091,800

2024-12-13 1.39 1.38 1.42 1.37 5,291,400

2024-12-12 1.39 1.42 1.44 1.37 6,102,900

23 hours ago

jjohnchew

Hoho Recap :

Jtiasa : Replanting cost


Hoho an illustration:

Replanting started from 2002 … to 2005

Total Planted Area = 69589 hectares

Future Replanting cost = 69589 x 25,000 =. RM 1.74 billion.



Jtiasa

QR September 2024 :

Other Reserves n Retained Earnings = RM 0.548 billion


👉👉 Compared to TSH :

Planted Area : 39,000 hectares

QR September 2024 :

Other Reserves n Retained Earnings = RM 1.52 billion

22 hours ago

speakup

Hands up who panic sold <1.40 ?

22 hours ago

speakup

Nobody panic sold? No wonder no chance buy cheap

21 hours ago

jjohnchew

Hoho no worries.. KonLee “2024 Tikuss Trap “ le ….

Btw Hands up r u Stockraider or The Contrarian ????

Posted by speakup > 43 minutes ago | Report Abuse

Hands up who panic sold <1.40 ?

21 hours ago

chamlo

Rich people buy when very low whereas poor buy high.

21 hours ago

chamlo

Genuine Chain is back(buy or sell?) none in i3 noticed? No wonder rich people act differently.

21 hours ago

jjohnchew

Hoho Thanks … I did checked yesterday night n today morning…

Posted by chamlo > 24 minutes ago | Report Abuse

Genuine Chain is back(buy or sell?) none in i3 noticed? No wonder rich people act differently.

20 hours ago

jjohnchew

Jtiasa Genine

Announced Date Change Type Shares Name
17 Dec 2024 16 Dec 2024 Disposed 2,000,000 MR HO CHEUNG CHOI
17 Dec 2024 16 Dec 2024 Disposed 2,000,000 GENINE CHAIN LIMITED

Circumstances by reason of which change has occurred Disposal through open market
Nature of interest Direct Interest
Direct (units) 58,146,264
Direct (%) 6.007

Why Jtiasa 2nd Major shareholder Genine : 14.68 % keep disposed share until balance ard 6 % .


👉 Genine started disposed 8.6 % share from August 2023 to July 2024 … ie : RM 0.84 to RM 1.53 to RM 1.10.

20 hours ago

jjohnchew

Hoho what a “ 2024 Tikuss Trapp “ set up by KonLe :

1.) his Kon gang used aka id as Negative commentators in TSH to debate against Conartist Callvin to promote Jtiasa ..

2.) Used other aka id as Promoter in Jtiasa … like the Plantation Manager ..

Hoho KonLe how many fat “ Tikuss “ is oredi Trapped ?

20 hours ago

jjohnchew

Hoho KonLee has been dancing Cha Cha Cha with his SCIB partner I3lirker / Balian in Capital A ard 2 years ..

KonLee need yr advice le as only recently u said is OK liaw with Capital A …

But the Regularisation Plan dateline is by 31/12/2024 le … will kena “ Jackpot “ or Not …I mean Real Jackpot 🎰

19 hours ago

jjohnchew

Hoho oh also dancing Cha Cha Cha in JAKS since ard May 2023 … Let’s see LSS5 2000 MW EPCC RM 7.2 billion tender that EC CEO said tender award shl be announced by November 2024 ( RFP tender dateline is brought forward to 25/7/2024 from December 2024 ) , previous LSS n CGPP is taken 6 months to announce Tender Winners ..So by December 2024 or January 2025 ….

Once JAKS is succeeded in this LSS5 tender … it shl started has MOAT of efficient scale in RE Solar electricity industry : LSS4 50MW n CGPP 30 MW … LSS5 tendered 200 MW ( with intention up to limit 500 MW , partner again with CPECC , Vietnam Power Plant 1200 MW , MOU to leased Land 1730 acres in Terengganu …. 🙏🙏🙏

19 hours ago

jjohnchew

Hoho Vietnam Power Plant : CPECC 70 % : JAKS 30 % …… LSS5 200MW ( limit 500 MW ) JAKS 51 % : CPECC 49 % .

19 hours ago

speakup

chamlo

18 hours ago

jjohnchew

Hoho almost missed this important hidden risk :

2024 AGM minutes :

1. Top 10 Properties of the Group as at 30
June 2024 (Page 180 of Annual Report)
Can BOD rectify the description “Pulau
Bruit - Bruit Land District” and state clearly
the 46,880 hectares (ha) Rented Land are:

Lepah Plantation : 5,149 ha
Daro Plantation : 11,681 ha
Sawai Plantation : 6,050 ha
Lassa Plantation : 21,300 ha
Kabang Plantation: 2,700 ha
Total : 46,880 ha

We noted your comment. This is to clarify that those “rented” land are not in Pulau Bruit but near Pulau Bruit.

>>>

Repost :

Hoho this is worrying .. Own Plantations are 54 % in Pulau Bruit …suitable for Hybrid Rice Cultivation lo !😱😱😱🤔

And Erajaya / Daro Jaya Plantation 9,841 hectares is near Pulau Bruit in Daro District under Mukah Division.


Jtiasa : Plantation Planted Area

FY24 Annual Report:

100% Eastern Eden Sdn Bhd ( Pulau Bruit )
> 8,580 hectares

100% Erajaya Synergy Sdn Bhd / Daro Jaya ( Mukah )
> 9,841 hectares


100% Poh Zhen Sdn Bhd ( Pulau Bruit )
> 2,933 hectares


100% Simalau Plantation Sdn Bhd
> 4,866 hectares

55%. Wealth Houses ( Pulau Bruit )
> 5,757 hectares

👉Total Own Plantation Planted Area = 31,977 hectares

👉👉Compared to FY2021 = 35,865 hectares

>>> is reduced by 3,888 hectares or - 10.84 %

>>> 100% Hariyama Sdn Bhd : 9,645 hectares is no longer owned by Jtiasa ….only on Mill .

>>> 55%. Wealth Houses WHD ( Pulau Bruit )
> 5,757 hectares is owned by Jtiasa on August 2023 .

—

FY23 Annual Report:

Oil Palm Plantation
Daro Jaya
Kabang
Lassa
Lepah
Pulau Bruit (Wealth Houses, Eastern Eden & Poh Zhen)
Sawai
Simalau
Hariyama


—-

FY21 Annual Report


CORPORATE STRUCTURE

100% Eastern Eden Sdn Bhd : 8,580 hectares

100% Erajaya Synergy Sdn Bhd : 9,841 hectares

100% Poh Zhen Sdn Bhd : 2,933 hectares

100% Simalau Plantation Sdn Bhd.: 4,866 hectares

100% Hariyama Sdn Bhd : 9,645 hectares

Total Own Plantation Planted Area = 35,865 hectares

18 hours ago

jjohnchew

Hoho chamlo … u r The Contrarian.. KonLe partner in Insaf Value Trap …


Posted by speakup > 20 minutes ago | Report Abuse

chamlo

18 hours ago

musangfoxking

hoho..jjohnchewing jaks 0.32, now 0.13! what a pity!

17 hours ago

jjohnchew

Hoho this is interesting n exciting to watch “ Tikuss Trapp “ wayang here :

1.) The Contrarian earlier had been insulting Serba Story Teller Buy what u Not Understand…something like sour grapes ke to support KonLee .

2.) Then KonLee Trapp how many fat Tikuss ????🤣🤫

17 hours ago

jjohnchew

👉👉👉Hoho Kon Foxy aka Demusang aka 123theman aka Musang King Loss Naked in Fintec …Best in Twisting without facts n figures … beware ..

Hoho KonFoxy loss naked in Fintec
>>> Netx — Fintec( mother ) — Adamas HK stock / Nasdaq ( Grandma , Loss in HK Well known restaurant bond n a China mines company bond ).


“ Words of Wisdom “ 🤥🤣🤣🤣

Fintec >>>

2017 : share consolidation 3 into 1

2017 : RI

Nov 2020 : RI at RM 0.08

Apr 2024 : share consolidation 30 into 1

—-

Posted by musangfoxking > 1 minute ago | Report Abuse

hoho..jjohnchewing jaks 0.32, now 0.13! what a pity!

17 hours ago

jjohnchew

Hoho starting unloading:

Volume : 4.40 million
Price : 1.39
VWAP. : 1.41


Volume : 2.67 million
Price : 1.43
VWAP. : 1.416

17 hours ago

G-boy

John chew really live in some single world that he created. Hahaha

15 hours ago

jjohnchew

Hoho let’s see the 3 listed companies under RH group :

1.) Jtiasa

Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
30 Jun, 2025 271,658 72,312 7.4700 -
30 Jun, 2024 1,015,792 140,625 14.5200 5.41 - 8.5 % View


2.) Rsawit

Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
31 Dec, 2024 355,843 26,582 1.3000 -
31 Dec, 2023 507,762 24,479 1.2000 - - 6971.6 % View


Rimbunan Sawit to sell oil palm land in Miri for RM165 mil to help repay debts

> 21 Dec 2023 — Sarawak-based plantation group Rimbunan Sawit Bhd has proposed to dispose of 9935 hectares of oil palm land in Miri for a total of RM165 ...

> Rimbunan Sawit sells Sarawak plantation land to WTK for RM85mil cash. KUALA LUMPUR (Jan 22): Rimbunan Sawit Bhd is selling plantation land measuring 4,698.2 hectares to WTK Holdings Bhd for RM85 million cash.22 Jan 2020


3.) SuburTiasa

Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
31 Dec, 2024 315,435 -1,407 -0.7400 -
31 Dec, 2023 474,400 -15,006 -7.9600 - - 133.3 % Vie




====
Old post : Questions :

1.) Why Subur & Rsawit Current Ratio r So Low … Working Capital is only 3.2 month & 1.8 month ?

2.) Why Subur & Rsawit Debt-Equity (DE) Ratio r High ?

3.) Why Subur & Rsawit FCF Yield r Low even is Negative ?

👉👉👉Note : Current Jtiasa CEO is Rsawit EX CEO , appointed from RH Group HQ on 2021 .


>>>

Jtiasa:
Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 18.05 %


Subur Tiasa:
Current Ratio 0.27
Debt-Equity (DE) Ratio 1.34
FCF Yield -0.84 %


Rsawit:
Current Ratio 0.15
Debt-Equity (DE) Ratio 1.25
FCF Yield 2.86 %

15 hours ago

jjohnchew

Hoho this is interesting le :


👉👉👉Note : Current Jtiasa CEO is Rsawit EX CEO , appointed from RH Group HQ on 2021 .

15 hours ago

jjohnchew

Hoho KonLee what u r going to buat with the Trapp Tikuss ? Tanamke as u posted much earlier !!!

14 hours ago

jjohnchew

Hoho now 2nd Major Genie started the 2nd round unloading after from 14.68 % to ard 6 % … yesterday started the 2nd round unloading !!!

After below 5 % .. will not be a Substantial shareholder… no need to report n to announce….

14 hours ago

musangfoxking

Hoho now jjohnchewing gummy jaks at 0.32, now 0.13..how interesting!!!1

14 hours ago

jjohnchew

Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.135 with NTA 0.60 )….

Ssleee asked me did I average down Jaks :

My reply :

1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .

2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!

Just coincidentally :
Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) .
Friday, 05 Jul 20


👉As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

14 hours ago

jjohnchew

Hoho don’t play play in Vietnam le :

Truong My Lan: Vietnamese tycoon loses death row appeal over world's biggest bank fraud
2 Dec 2024 — Four were sentenced to life in jail, while the rest -including Truong My Lan's husband and niece - were given prison terms ranging from 20 years ...

Vietnamese property tycoon Truong My Lan has lost her appeal against her death sentence for masterminding the world's biggest bank fraud. The 68-year-old is now in a race for her life because the law in Vietnam states that if she can pay back 75% of what she took, her sentence will be commuted to life imprisonment.2 Dec 2024

14 hours ago

speakup

But in Malaysia, Karim got off with just a small fine

12 hours ago

Save

FCPO almost reach critical support i.e neckline of double tops 4600. Failure to hold above neckline may cause prices drastic drop!?
(Malaysian palm oil futures hovered below MYR 4,720 per tonne, marking the third straight session of losses and hitting their lowest in three weeks. The decline was due to lower export estimates, with cargo surveyors noting that Malaysian palm oil shipments fell between 6.7% and 9.8% during the first 15 days of December. Adding to the bearish mood was a slight fall in palm oil buying from top consumer India last month, coupled with New Delhi's ongoing efforts to ease import dependence and achieve self-reliance in edible oils over the medium to long term. Capping further declines were signs of rising demand from key buyer China ahead of the Lunar New Year festivals at the end of January. On the production front, challenges from heavy flooding in key Malaysian regions persisted, with the industry regulator projecting a fourth straight monthly decline in output for December. These constraints are likely to further reduce December stocks, which would be a third successive monthly drop.)

9 hours ago

jjohnchew

Hoho no wander 2nd Major Genine started 2nd round Disposal on 16/12/2024 :

1st round : 14.68 % keep disposed share until balance ard 6 % .


👉 Genine started disposed 8.6 % share from August 2023 to July 2024 … ie : RM 0.84 to RM 1.53 to RM 1.10.

2nd round : illustration > Price RM 1.41 to …..

2024-12-16 1.41 1.38 1.43 1.35 10,091,800

1 hour ago

jjohnchew

Hoho KonLee “ 2024 Tikuss Trapp “ is so dramatic le ….

1 hour ago

jjohnchew

Hoho Tomolo T+3 is going to be more dramatic ke ??? Up or Down ???

1 hour ago

jjohnchew

Hoho interesting le ..

2024-12-16 1.41 1.38 1.43 1.35 10,091,800

Genine is Disposed 2,000,000 out of traded volume 10,091,800 .

58 minutes ago

Felix888DieFather

@jjohnchew...your enemies ask me to attack you
You want a obituary or sax story for your mother and wife
----------------------CaoCao aka @ Felix888 Family News
Death of Felixcoconut MOTHER
Died due to knock down by a car
In Jalan Bukit Bintang
Tuesday 17th December 2024 2 am
Coffin ⚰️ Sponsored by Sifu The Generous and Forgiving
Funeral will be undertaken by Bangla supervisor.

Hello @ CaoCao please fight back lah..don,t hide or used IDS @ jeffrey1166 in Formosa Prosonice.----------------------------------------------

53 minutes ago

jjohnchew

Hoho no worries… just share share mah …

A company linked to Sarawak timber and media baron Tan Sri Tiong Hiew King is acquiring a 13.75% stake in Borneo Edible Oils Sdn Bhd (BEO) from two Main Market-listed companies, Subur Tiasa and Rimbunan Sawit, for RM5.35mil cumulatively.

43 minutes ago

dompeilee

Why ppl want to continue to waste time here after two prominent 'bucket shop drives' up to $1.50 from $1.10 in the past few months, fueled by a dirty old man & a dirty Hongkie is beyond me! Supermax & Harta are where the action's at!

30 minutes ago

jjohnchew

Jtiasa hidden risk :


1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱
Where as Rsawit is Keep Disposed Land Assets ..😱


2.) Pulau Bruit land is identified suitable for Hybrid Rice cultivation on 2024 … announced by UKAS , in line with Sarawak government vision to support Sarawak rice demand by own cultivation ( currently 34 % ) . Even to rivalling Kedah which supply 40 % Rice demand in Malaysia ..👍


> An illustration: as the company said 3% planted area 69589 is > 18 years , averagely 14 years , ie : 2087 hectares going to be Sawah Padi out of the
Rented land 52,880 hectares ( 76 % of planted area) .

Note : Rented Land , Approximate age of building: 15 years . 😱

22 minutes ago

jjohnchew

Hoho oh this year is 16 years .. going to be 17 years …

Note : Rented Land , Approximate age of building: 15 years . 😱

21 minutes ago