FONG SILING (COLD EYE) BUYING ON JTIASA (TOP30 SHAREHOLDER)!!!

FONG SILING (COLD EYE) BUYING ON JTIASA (TOP30 SHAREHOLDER)!!!

stockmanaic
Publish date: Sat, 28 Oct 2017, 11:51 PM
FONG SILING (COLD EYE) BUYING ON JTIASA (TOP30 SHAREHOLDER)!!!

FONG SILING (COLD EYE) BUYING ON JTIASA (TOP30 SHAREHOLDER)!!!

 

Whenever cold eye name appears in the annual report top 30shareholder will definitely caught public investor attention. Now i am trying to dig out the reasons why the smart investor is putting his money heavily on this company.

SOME NOTES FROM CHAIRMAN STATEMENT

SOME NOTES FROM OVERVIEW OF BUSINESS AND OPERATIONS

They are scaling down their downstream wood processing activities due to the reasons stated below

WOW!!! WEIGHTED AVERAGE TREES IS ABOVE 8YEARS.  FOR YOUR GENERAL KNOWLEDGE, THE OIL PALM YEILD WILL INCREASE AND REACHES PEAK PRODUCTION IN YEARS 7 TO 18. IT SEEMS LIKE THE FUTURE PROSPECT FOR JTIASA IN PALM OIL BUSINESS IS VERY BRIGHT.

THEIR HEADACHE PART IS ON LOGGING. HOWEVER, SINCE THEIR CORE BUSINESS NOW IS ON PALM OIL, HENCE I BELIEVE THAT THE PROFIT GENERATING FROM PALM OIL BUSINESS WILL MITIGATE AND OVERCOME THE SHORTCOME OF LOGGING INDUSTRY.

 

LETS LOOK AT THE PREVIOUS QR REPORT

 

LETS DO SOME SPECULATIONS ON THE COMING QR REPORT

 

LETS TAKE THE WORST CASE IF APR UNTIL JUN, THEY ARE ABLE TO SELL AT THE HIGHEST 2900, AND JUL UNTIL SEPT THEY SELLL AT THE LOWEST 2600. LETS DO SOME SIMPLE CALCUALTION

(2900-2600)/2900*100% = 10% CHANGES (WORSE CASE THE PROFIT DROP 10%)

BUT!!! THE PRECENTAGE INCREASE IN PRODUCTION COMPARE TO PREVIOUS QR IS MORE THAN 10%.

MOST IMPORTANTLY PREVIOUS QR LOSS IS DUE TO IMPAIRMENT OF GOODWILL, WILL COMING QR IMPAIRMENT AGAIN??

HAHA!! YOU GOT THE ANSWER!!!

 

TECHNICAL PART

PLANTATION INDEX

FCPO

JTIASA

SINCE NOW THE PRICE IS ALL TIME LOW, IF ENTER NOW, THE BUYING PRICE MAY BE EQUAL OR EVEN LOWER THAN COLD EYE PRICE. IT IS A DISCOUNT!!!

DISCLAIMER: THIS IS ONLY MY OWN ANALYSIS FOR MY OWN STUDY, NOT A BUY CALL OR SELL CALL. PLEASE TAKE YOUR OWN RISK.

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5 people like this. Showing 14 of 14 comments

Stock Kingdom

Coldeye now go for conservative play

2017-10-29 08:58

cheoky

No idea why keep promote jtiasa, Taann is a better choice comparatively

2017-10-29 09:53

shareinvestor88

Inno and MKH better.

2017-10-29 10:05

ilovehits

Chase! Haha..

2017-10-29 11:08

ilovehits

When Uncle Fong bought? Last year or recent?

2017-10-29 11:10

godhand

the management shows deterioration. even if rise i dont hink will go up much.at most 1.50

2017-10-29 12:28

Ooi Aik Seng

Fong's shareholding of 4.3 mil is less than the Top 30th largest shareholder in FYE2016...so, can't be sure did he bought in FYE2016 or FYE2017.

2017-10-29 20:15

cy91

buy buy buy... very cheap

2017-10-29 20:26

winnerz

Low price now can't go much wrong.

2017-10-29 20:27

andr

not a recent buy means Coldeye is losing money on this one for a long time.

2017-10-30 08:54

635789

The sarawak government has imposed very high tax on extracted log recently and extraction of log quota have certainly impact on all timber companies in sarawak.

2017-10-30 09:29

calvintaneng

JATA TIASA = GIANT TREASURE

ITS ASSETS ARE VALUED AT RM15,500 per hectare

HOW MUCH PSF?

ONE HECTARE = 2.471 ACRES

ONE ACRE = 43,560 Sq ft

So divides Rm15,500 by 2.471
Then divides by 43,560 again

WHAT IS THE ASTOUNDING FIGURE?

14 sen!

14 SEN PSF FOR LAND COST ONLY

AND ON THESE LANDS OF HORNBILLS ARE NOW PLANTED WITH GOLDEN CROPS OF OIL PALM TREES. NOW 8 YEARS OLD AND OFFERING BOUNTIFUL HARVESTS FOR THE NEXT 17 YEARS

WHERE ELSE IN THE WHOLE WIDE WORLD GOT SUCH TREASURE GOING AT SO CHEAP A PRICE?

NO WONDER FONG SHILING OR COLD EYE IS IN TOP 30 SHAREHOLDER OF JTIASA

GIANT TREASURE?

YOU BETTER DON'T MISS THE BOAT!!

ALL HAPPY NOW!!

2017-10-30 10:10

Hua Joshuaayoung

TSH lah... Jtiasa apa itu

2017-10-30 22:14

sell

Why never mentioned timber tax increase starting 1st July? Loss QR somemore and dividend only 0.5 sen.

2017-11-01 02:43

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