Okay, look like I have to do my own homework then. :)

Icon8888, I suspect it's 51% own subsidiary that manufactured CBU Bus in indonesia occuredn huge losses which offset the plantation profit for minority interest. I don't see new CBU bus order in year 2013 and I believe the depreciation charge + rupiah depreciation causing the minority interest showing -ve figure for current financial year. Looking forward your sharing on delloyd. Thanks.

We are here to learn/to exchange idea, I think it is perfectly fine for making such disclaimer - not asking anyone of us to buy/support Jtiasa. All idea is valid and we should respect Mr. Koon for sharing his idea in blog instead of making jokes with his statement. To be franked, I'm not convince to buy Jtiasa at current price but at least I learned many thing from Mr. Koon sharing such as Yield drag, palm tree maturity tracking etc... This is just my thought as newbie in this forum.. Thx for spend time for reading my reply and I would like to apologize if my comment causing u felt not comfortable. Happy CNY to all.

Thanks Mr. Koon for the explaination, I will put Jtiasa in my watch list and i think Jtias should be performed better in Q2'14 as the CPO price stay above RM2500 for past 3 month. Happy Chinese New Year.

If I were to compare with Fimacorp which making good profit last year with average tree age with 7.6 year, It is very difficult to convince me to put bet on Jtiasa if I'm not sure how the oil palm production growth can benefit us as a share holder. Shall i wait and monitor next few month of quarterly result before invest into it?

Hi Mr Koon, Good Morning and thanks for sharing a Jtiasa profit growth potential with us. I just gone thru the Jtiasa 2013 annual report and found that the CPO/FFB production growth rapidly in past few year but I'm curious why Jtiasa making loss in last financial year despite CPO price is hovering at 2200-2400 level last year? Besides, the weight average age of mature tree is about 5.6 year.... Is that something to do with efficiency? What if the efficiency is not improving? As I know, it will be more challenging to manage bigger estate size and how Jtiasa can turn around this situation?

无论资金大小，还是保本最为重要，失去了本金，一切都是空谈。