With 1H2023 net profit of 8.5 sen per share paving the way for an interim dividend 1.5 sen, similar results for 2H2023 can encourage the directors to pay a final dividend 0f 3.0 sen. A total payout of 4.5 sen or 30% of net profit fy2023 is not excessive and goes a long way to mollify long suffering minority shareholders. The share price can breach and hold above RM1 then.

The recent shakeup in JTiasa's board may usher in better things to come, including a more generous dividend policy. It seems the less Tiong family involvement in the business, the better. Investors with a long memory will not have forgotten the 10% private placement in 2012 to raise over RM300 million; the rosy picture painted, and then the steady decline of the share price since from Rm3 to penny status with the board of directors seemingly unconcerned about minority shareholders. JTiasa needs to repair its reputation with investors. It seems to be heading that way.

Help, someone can't even spell "pact".

I suspect it is EPF again selling a few million RHB shares around RM5.60 since liquidity is there ; its 42% core holding 1.7 billion shares remains intact, so no worries. Confirmation will come in a few days with announcement to Bursa. This is still a good price to buy.

Calvin, yes, your reply here is confirmation you have too big an ego to know shame.

Have you no shame or have you too much ego, Calvin? Your early 2022 prediction of a bull run in palm oil stocks fell flat on its face within months with many stocks retreating 50% from its high. But here you are in early 2023, touting a few cents dividend here from these very beaten down stocks. Deal with the price retreat from their 2022 highs first before showing your face again.

EPF is a social security organization established by statute to principally to provide retirement benefits for private sector employees. A significant portion of its funds are invested in companies listed on Bursa and it can actively trade in such shares for its own objectives. EPF does not have any policy to promote the ownership of any company's share to the public.

@unicornbird; It will, in due time and those in the know plus longer sighted investors can reap the rewards when RHB is re-rated. I invest in RHB based on dividend yield and improving profit quality buttressed by its strong NTA and am not diverted by EPF's mild trading activities. I concur with TreeTopView as to a coming 25 sen final dividend for 2022. Why put in FD 4% when RHB bank can give 7.27% yield at current share price 5.50?

Look back to 2013 and the emergence of OSK as the second largest shareholder in RHB with 10% stake after EPF following the merger of OSKIB with RHBIB. You can trace the positive changes in RHB from there; especially the management and credit risk culture.

Happy 2023 year skoh, seeR and yes, even you too calvin. May the year see a revival of Bursa and improved camaraderie among I3 investors.

Goes without saying that Calvin is way off the mark on his palm oil stocks in 2022. Making wrong calls is human and forgivable but not acknowledging them is not. With this one grievous omission, Calvin has lost any semblance of credibility by my reckoning. However, with the start of the new 2023 year, let us put the past behind and begin the year on a fresh note.

@calvin ; Recalcitrant clown. Can you read or even understand simple English? The directors have stated they do not recommend a final dividend for FY2022. And what long term funds are buying into Jtiasa? EPF has been a net seller of plantation stocks this year including Jtiasa. Stop your desperate gibberish.

Granted, Jtiasa is a disappointing investment which can be laid directly at the doorstep of its management. They are weak at investor relations and forward guidance. But at 60 sen and dividend resumption following return to profitability, the downside is limited even if earnings may decline the next two years with lower CPO prices.

@calvin; Read and comprehend; no final dividend was declared fy2022. Stop your simplistic error strewn analysis of company results if you can't even get basic facts right. Better still, go back to face your critics in TSH thread.

I'll also like to see less related party transactions and judicious use of share buybacks when the share price is beaten down, like now, when sentiment is weak despite clearer indications of continuing future profits. This will give confidence to longer term investors that management is on the ball and have their interest at heart as well.

What's with the directors? Interim dividend 2.8 cents (20% profit) declared after decent 4Q results but no final dividend despite biggest profit in 10 years. You fellas should give better guidance to shareholders. Would have preferred 1.4 sen interim after 2Q results plus at least another 1.4 sen final, if not 2.8 sen, which the company can easily afford. Make some effort to compensate for no dividends the last few years.

Giant treasure or Gigantic turd? Either way, Calvin is down there in a deep hole somewhere in a palm oil estate in Sarawak still digging away furiously.

Looking forward to decent 4Q2022 results and a resumption of dividends to long suffering shareholders. There is no reason not to pay dividends given high CPO prices this year and company's return to profitability. Unless the directors want to cement their already miserly reputation among minority shareholders.

Still a good recovery play. Timber division losses are decreasing. Palm oil plantation is good. Manufacturing is holding up well. Purchase of new frozen foods business turned out to be a small windfall. Controlling shareholders show faith in company's prospects. Possibly family feud is resolved with Wong Kie Yik/Wong Chie Kie side prevailing since they purchased more shares in the market.

Sick minds cannot accept they can be wrong.

Empty minds keep repeating garbage.

I never thought of Calvin as a deliberate crook; somewhat of a narcissist and inveterate, yes, but not a con artist. But perhaps this unkind view is another possible explanation for his inexplicable activities. He takes all the flak thrown at him and come back for more. How come? Normal people won't.

@skoh; Sigh! Thought there was a 20% chance Calvin would cease and desist, others follow suit and we can have a civilized one week reprieve at the very least. Now all gloves are off and it will be a bare knuckle fist fight all the way. What can one say about him? Even psychotherapy may not help in his case, the narcissism runs too deep and has for far too long. Totally incorrigible.

@Calvintaneng ; This is Sunday. Give yourself and I3investor a rest. This insanity has taken over your life and it must be hellish. It matters not who or what is ultimately right or wrong for time will reveal all. Just hold your comments and please, others as well, for the time being until at least 06/22 quarterly results are out. Let us then see how the market reacts. Personally, I think results will be satisfactory but market reaction will largely be muted.

At long last WTK shows some promise; moving back above 50 sen today after director Wong Chie Kie of Fortescue fame bought some 5 million shares in July and company recommences share buyback. Wong, resident in Australia, became a billionaire following his phenomenal investment in Fortescue Metals where the penny stock in 2003 now trades at A$19.

@anthonytkh; The most money I ever made was when I bought into an out of favor stock for a fraction of its potential and held it for more than 10 years through thick and thin. I cashed out most of it when the majority shareholder made a GO as I suspected he would. I still hold some. As for short term trades, my track record is not good to say the least as I hate to cut when I really should. I think skoh beats me hands down there.

Thanks for your view on the shorter term market trends. Not a trader at all so I'll hang on to my plantation stocks in the meantime pending quarterly earnings results and market response. Election theme stocks can be risky plays.

@Mikecyc; Yes, pledge account means shares in the account are pledged as collateral for loans; most likely for share purchases and is subject to margin requirements.

@JJPTR; Surely the bank nominee company cannot deal with clients' shares as they please without their clients instructions or explicit consent? That includes clients pledged shares bought on margin and registered in bank nominee company.

@anthonytkh; I think you are right. Better for my mental health to let the person continue to be what he is and just ignore his sometimes absurd posts and annoying idiosyncrasy. Going to the pub to have an ice cold beer this really hot day. You have a good day yourself.

Calvin; You really are a narcissistic clown. I don't care how much you buy or what price you buy at. The question was whether it was wrong to exhort investors to buy at high prices in April/May 2022 when industry experts were predicting CPO prices will decline but of course the narcissist in you will never admit to being wrong. Yes, you exhibit defining symptoms of a narcissistic personality with all the accompanying traits of being prideful, insecure, defensive, manipulative, needing constant admiration and of course the I-cannot-be-wrong syndrome. But do not fear. A skilled psychotherapist can treat the condition in time.

Calvin: I am asking you, so do me the courtesy of answering directly. If not, I shall draw my own conclusions about you and post them if need be.

@Calvintaneng; Can you discern the difference between buying at 1.80 in April and buying at 1.15 in August 2022? Or are you never wrong, just temporarily mistaken for time will prove you to be right?

@Calvintaneng ; Were you wrong in April/May 2022 when you exhorted investors to load up on and hold tight TSH and other palm oil stocks at very high prices even as industry experts predicted CPO prices at RM7000 were not sustainable and would decline?

@See_Research; Your note to chon888 on how to get out of penthouse priced stocks is obviously well meant. Yes, that is pragmatic advice and not some pie in the sky fantasy. Keep up with it and leave the pied piper to his opiate dreams. Time and events will reveal the fakes, the charlatans and the insane in this thread.

@Bryanish; Be reminded of Tan Wee Chai & family buying Topglove in their personal capacities as well as huge share buybacks not too long ago. Were they wrong? Yes, most definitely yes, their pockets and the company's coffers tell them so now. Some of their friends suffered as well.

@skoh888; Yes, Money Heist the original Spanish but not the insipid copycat Korean version which obviously has little originality. A repeat loses impact, constant repeats become annoying and never ending repeats are the product of a sick mind. Reminds us of someone here,

@See_Research; Excuse me for intruding but I really think we should call a truce. Really unproductive and pointless to critique Calvin for he has serious issues that only he can resolve. Do not descend to his level. Peace, one and all and let's get back to investing not personal warfare.

@skoh; Your friends may have good judgement and your bank manager surely knows your account balance but I wouldn't trust Calvin's on both counts.

PSA; The claim Calvin made was that free shares were given to a hardworking worker who held it till retirement. Not directors but some poor sod who worked for decades in the company.

Vinsanity returns again. I have never heard of a public listed company that gave free shares to employees. Stock options, yes, but you need to shell out good money to exercise it before expiry. Pray tell us the name of this wonderful company from fantasy land - surely not Disney?

@skoh....everyone loves an NBA champ! I was a Lakers fan for many years until Golden State came along in recent times. Cheers.

@skoh888; you an NBA basketball fan?

The deceptive and oft repeated inane comments on TSH have become insane in its repetition and can be labelled as vinsanity. This is the hallmark of a deeply disturbed individual who cannot accept he has been wrong and continues to insist he is right, or will be proven right if enough time is allowed to pass.

@skoh888; I am fine, comrade, and trust you are too. Keeping a healthy mind and sound values; just like you.

Read 'A Memoir' but learnt nothing from it.

Shut your trap, Calvin, and preserve your teetering sanity. Robert Kuok rode on the sugar wagon to make his first fortune in 1963 speculating on the London sugar market. Palm oil came later, much later, and Kuok gave the credit is given to his nephew for building up Wilmar. Read Robert Kuok's 'A Memoir' published 2013 to gain some insight into a great business mind.

Vinsanity strikes again!

Someone here has a bad case of "vinsanity" but will deny it to his last day. The remedy is very simple but unattainable due to some peculiar personality disorder that prevents him from accepting having been wrong and moving on.

An obscure news report from Indonesia mentioned the discovery by fishermen off the coast of Bali of a UFO (unidentified floating object) over the weekend. Upon hauling the object, which resembled a large water tight tong, on board and opening its hatch, they found a near delirious man inside mumbling words to the effect of "buy kaw kaw, die die hold". Wanting to help but being very superstitious creatures, the fishermen decided to cast the tong back into the sea with some water and food provisions for its occupant. The UFO has not been sighted since but scientists surmise prevailing winds and tides will bring to shore somewhere on Bali island.