Mind explain why Warren Buffett sell Bank of America stock?

Warren Buffett has added around $6 billion to Berkshire Hathaway's sizable cash pile this summer with a string of Bank of America stock sales since mid-July

https://jayatiasa.listedcompany.com/slides.html

The budgeted FFB production for FYE 30 June 2025 is 1,211,852 MT. So need to apply more fertilizer.

FFB projection:
30-Jun-2022
(Actual)
30-Jun-2023
(Actual)
30-Jun-2024
(Actual)
30-Jun-2025
(Budget)
Planted area (ha) 69,589 69,589 68,569 67,449
Immature (%)(<4 years)
0.0% 0.0% 0.0% 0.0%
Young mature (%)(4-7 years)
3.1% 0.0% 0.0% 0.0%
Prime mature (%)(>7 years)
96.9% 100.0% 100.0% 100.0%
FFB production (MT) 737,723 943,924 1,155,478 1,211,852
FFB yield 10.6 13.6 16.6 17.8

Corporate Presentation 4th Quarter 2024 (period ended 30 Jun 2024)
Jayatiasa cleared 1,020 Ha for replanting at its Simalau plantation
And higher fertiliizer application.

Name of Related Party Nature of RRPT Estimated Value as disclosed in the Circular Actual Value transacted from 30 November 2023 to 31 July 2024 Variation between actual value and estimated value Reason for the variation
Palm Biolab Sdn. Bhd. Biolab Testing Fees RM100,000 RM120,435 RM20,435 (20.44%)
With higher fertilizer application, more frequent testing was conducted on fertilizer samplings and foliage for analysis purpose.

This announcement is dated 8 August 2024.

I am watching wave formation as forwàrd FCF as per BOD projection
Repost:
Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates.

@Sslee, kindly share the link of the above information.

Sslee
5928 posts
Posted by Sslee > Aug 30, 2024 10:12 AM | Report Abuse X

https://www.yinson.com/general-meetings/
Yinson - 31th AGM minutes

Xingquan already delist. My CDS still hold xingquan shares.
So total loss for me.

Chinese Malaysian is not Mainland Chinese; many of Chinese Malaysians have preserve and practice our Chinese culture and moral compass better than some of the Mainland Chinese. Below link my confrontation with Xingquan BOD asking the moral questions during the 8th AGM on 7th Dec 2016. https://klse.i3investor.com/blogs/cscsc/111267.jsp

I would have hold a lot of KSL if KSL care to give dividend.
My write in FYE 2018 AGM questions.

Q1: Refer 2018 Cash flow statement, is KSL generated enough free cash
flow to pay a dividend? (Yes/No)

Q2: Is KSL has enough cash reserve to pay a dividend? (Yes/No)

Q3: Any cash flow problem if KSL pay out 4 cents dividend for FY 2018?
(Yes/No)

Refer Chairman’s statement: 2014 Annual report
I am also pleased to announce that the Group has adopted a dividend
policy of distributing 40%of the Group’s annual net profit after tax from operations (excluding any fair value gains) to shareholders in the form of cash dividends or new share issuance under the Dividend
Reinvestment Plan scheme. The dividend policy aims to attract long
term investors and to enable shareholders enjoy higher returns in
tandem with the expanding business.

Q4: What happen to the adopted dividend policy?

Q5: What happen to the promised the dividend policy aims to attract long term investors and to enable shareholders enjoy higher returns in
tandem with the expanding business?

Q6: What are the reasons for financial year end 2016, 2017 and 2018 no
dividend was given?

Refer 2018 Chairman’s statement “The Group’s financial position as at
end-December 2018 was further strengthened with our retained profit
and increased profitability, with shareholders’ equity growing to
RM2,815 million from RM2,600 million in the previous year end”

Q7: Since KSL has a very strong financial position should the board reward the shareholder with reasonable dividend? (Yes/No)

Q8: Without a formal dividend policy KSL market price had dropped into
penny stock (below RM 1.00) level. Should Board consider adopting a
new formal dividend policy to give clarity to investing public that the
BOD/Controlling shareholders interest is aligned with minority shareholders.

EXPLANATION TO THE ABOVE Q1 TO Q8
KSL is currently developing a huge integrated commercial complex with hotel (proposed name KSL Esplanade Mall) in Klang (Annual Report 2018 page 23). It is under active construction and targeted to be completed in year 2021.
Total estimated capital expenditure for the above complex is approximately RM 500 million.
We need to set aside our reserves for the above projects and working capitals. Hopefully, it will generate huge income once in full operation and enhance our future earning

Repost:
Jayatiasa 63th AGM minutes.

Question: And what will be the dividend policy moving forward in terms of %,

Reply: Our existing policy is to pay a minimum dividend of 20% of net profit subject to not compromising the Group's ability to support its pursuit for long-term growth. However, that will not restrict declaration of dividend of more than 20%. With improvement in financial position and market condition, the dividend payout will increase accordingly

I only bought jtiasa when company start to pay dividend and pare down borrowing.
With operating cash flow of 360 million why worry about company not paying your a reasonable dividend?

Aiyoyo Mike-tikus,
Jaks never paid any dividend but asking money from investors and Shareholders yearly through PP and RI for working capital and loan repayment.

Why you want to promte such a gruesome company every forum you go?
Are you trapped high in jaks?

Aiyoyo pity Mike-tikus
Not even know how to treat associate company account:

(Note : there are ard 600 employees in Vietnam Joint Venture Power Plant 1200 MW on 2022 )
Is he implied or telling lies again that Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 included 600 employees in Vietnam JV?

Allow me to remind him share of profit from associate company is paper pofit and did not involve any cash inflow to jaks.

Jaks is currently depend on yearly PP or RI for working capital and loan repayment.

My TP for Jayatiasa, OSK and Insas was RM 1.50
I sold some jayatiasa when it hit RM 1.50
All OSK when it hit RM 1.60
And most of Insas at RM 1.20+

I bought back a lot of Jtiasa for the dividend some Insas at RM 1.0+ and recently 10k OSK at 1.53
I already hit my 50% limit on jtiasa and now waiting to collect back OSK and Insas on weakness.

To recap, CAPITALA has recently announced disposal of its aviation group to AirAsia X in exchange of shares. The draft circular and notice of Extraordinary General Meeting, outlining the proposed disposal of its aviation business, was submitted to Bursa Malaysia in July for their review and clearance and now awaiting approval from Bursa Malaysia

Do you think Bursa SC will clear a deal that will put AAX into PN17 if AAX can't raise enough capital to recapitalised AAX?

Aiyoyo,
I already sold most of my insas at RM 1.20+.
And now waiting to collect back below RM 1.00

Unlike someone trapped inside jaks for more than a year now and need to tell lies about jaks FCF is positive and CAGR 3Y+ 29.9%

Posted by Johnchew5 > 4 minutes ago | Report Abuse
Hoho Jaks :
FCF Yield 0.73 %
CAGR : 3Y + 29.9 % TTM + 28.4 %

Do you need to compare a PN17 and loss making CapA with SIA?

KUALA LUMPUR, 31 August 2024 - AirAsia announced its signature FREE* Seats campaign, offering an incredible 10 million guaranteed seats across its network, covering 130 destinations in Asia, Australia and beyond. Highlighting the fast-growing AirAsia route network, this campaign inspires affordable travel to undiscovered and favourite destinations inviting rediscovery, whilst enhancing connectivity across these regions.

Ya another 10 million free seats dumped it all below cost. 🤣

So by disposing capA avition to AAX is that mean Stony/capA does not want to be part of this expansions ??? :-)

Depreciation of ROU assets, Finance cost lease liabilities and Finance costs

Above coat will be captured under Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)?

My ranting (telling the truth on capA financial health or ill) at i3 since 3 years ago most likely prevented /saved a lot of newbie/water fish from chasing high and trapped themselve inside capA for 3 years or more.

Stony already make so many complaints about KLIA poor facilities, busy runway, not enough parking slot, inefficient ground and air control that contributed to many of AA flight delay.

So who going to pay for the delay?
Can Malaysians work togother and not blaming each other and make KLIA Asian Dubai?

Cash flow
RM ’000
Current year-to-date 30 Jun 2024
Corresponding year-to-date30 Jun 2023
Net cash generated from
operating activities 360,029 297,188
Net cash used in investing
activities (114,828) (44,406)
Net cash generated from/(used
in) financing activities (195,301) (287,106)
Effect of exchange rate changes 18 184
Cash & cash equivalents at
beginning of financial period 194,204 228,344
Cash & cash equivalents at end of financial period 244,122 194,204

Current Liabilities
Loans and borrowings 57,652 56,314
Non-current Liabilities -
Loans and borrowings 136,577 292,054
So by FYE June 2025 the current loan and borrowing will be cleared.

Mike-tikus when jaks cash flow will turn positive?
Jaks need many more years of PP or RI for working capital and loan repayment.

Again Mike-tikus can't or dare not answer a direct question:
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?
Mind telling how you get jaks CAGR : 3Y + 29.9 %?

And still spamming his cut and paste gibberish.

5. Balance sheet as at end-2Q24 in a net debt position of MYR4.38b if ex-finance lease liabilities.
Capital Mabel Meow

Why then pay lessors
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)?

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Just a question if above is truthful then why capA need to dispose its aviation to AAX?

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Is capA after paying lease payment to lessors, will it be one of the most highest unit cost airlines?

Group’s YTD net cash from operations doubled YoY to RM2.1 billion.
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

As at 30/6/2024
RM'000
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

Current lease liabilities RM 5,510,697,000

Can capA generate enough cash flow to pay the current lease liabilities?
Luckily revenue bond come to the rescue. So that capA can live to fight for another day.

Pchem already big investment in Pengerang Integrated Complex so why need another lctitan?

“Growth for the sake of growth is the ideology of the cancer cell.”
Edward Abbey, Writer and environmental activist

Mike-tikus now behave like calvin thus fit the description

Aiyoyo Mike-tikus,
Why want to tell lies everyday and in every i3forum you go?

Posted by prudentinvestor > Aug 31, 2024 1:08 PM | Report Abuse
"Why want to tell lies everyday?"
Hahaha, what a joke. A pathological and consummate liar accusing someone who obviously has been telling truth of being lying. A clown will always behave like a clown

JAKS RESOURCES BERHAD
Registration No. 200201017985 (585648-T)
(Incorporated in Malaysia)
SUMMARY OF KEY MATTERS DISCUSSED
(MSWG QUESTIONS)
AT THE TWENTY-SECOND ANNUAL GENERAL MEETING OF THE COMPANY
Date : 27 June 2024, Thursday
Time : 10.30 a.m.

Question 6:
The Group has recorded negative cash flows from operating activities
for the third consecutive year.
A) What were the reasons for consecutive negative cash flows
in operating activities?

B) Which business segments are draining the group's financial
resources? What is management's plan for addressing the poor operating
cash flow performance?

C) What are the expected operating cash flows in FY2024? Does the
management anticipate another year of negative cash flows in operating activities?

Repost:
Mike-tikus cannot answer a direct question and need to resort to twist and turn and slanderous.

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?
Mind telling how you get jaks CAGR : 3Y + 29.9 %?

Mike-tikus cannot answer a direct question and need to resort to twist and turn and slanderous.

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?
Mind telling how you get jaks CAGR : 3Y + 29.9 %?

SC and Bursa Malaysia wanted to encourage more retail investors to join the stock investing in local market. However, if our local market culture does not improve, it is hard to convince the retail investors to invest.

Bursa SC is not your baby sitter. You should attend the AGM and hold the BOD responsible, accountable and answerable. And if you can gather evident of misconduct or manipulation then submit the evidents you gathered to Bursa SC for action to be taken.

No point write the blog in i3 and dare not even name the company.

KUALA LUMPUR (Aug 19): Petronas Chemicals Group Bhd or PetChem (KL:PCHEM) is projected to face weaker earnings in the second half ending Dec 31, 2024 (2HFY2024), driven by lower average selling prices (ASPs) in the olefins and derivatives segment, as regional shutdowns end and supply increases, according to analysts.

CIMB noted that the company’s 2QFY2024 core earnings were affected by larger-than-expected losses at the Pengerang Integrated Complex (PIC), amounting to RM100 million, compared with a RM10 million loss in 1QFY2024.

Mind telling trapped inside lctitan at what price?

Obviously u don't know lctitan and also Pchem and petrochemical supply and demand.

My prediction FYE 2024 will be lost making due to impairment of trade and other receivables from the contruction contract of JHDP.

Repost:
Posted by Sslee > Aug 31, 2024 4:01 PM | Report Abuse X

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?

Mind telling how you get jaks CAGR : 3Y + 29.9 %?

Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..

5.) FYE 2024 :
>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.
>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?

Mind telling how you get jaks CAGR : 3Y + 29.9 %?

Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..

5.) FYE 2024 :
>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.
>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million

Aiyoyo Mike-tikus,
Why want to tell lies everday and in every i3forum you go?

Posted by prudentinvestor > Aug 31, 2024 1:08 PM | Report Abuse
"Why want to tell lies everyday?"
Hahaha, what a joke. A pathological and consummate liar accusing someone who obviously has been telling truth of being lying. A clown will always behave like a clown

Insiders transfer shares from pledged account to personal account is to show of confidence that their share holding will not be subjected to margin call forced selling.

Action speak lounder than word.
Jayatiasa EPS 14.57 sen for FYE 30/6/2024
Dividend:
Ann. Date
Ex Date
Type
Subject
Amount
30-Aug-2024 13-Sep-2024 DIVIDEND Second Interim Dividend RM 0.0350
29-Feb-2024 14-Mar-2024 DIVIDEND First Interim Dividend RM 0.0250

Jayatiasa 63th AGM minutes.
So now who is twisting and turning on jaks FCF is positive?

Question: And what will be the dividend policy moving forward in terms of %,

Reply: Our existing policy is to pay a minimum dividend of 20% of net profit subject to not compromising the Group's ability to support its pursuit for long-term growth. However, that will not restrict declaration of dividend of more than 20%. With improvement in financial position and market condition, the dividend payout will increase accordingly

Aiyoyo scicom is growth stock?
Know why the revenue and NP keep droping Q to Q and Y to Y? LOL

Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 30-Jun-2024
30-Jun-2024 44,496 4,388 3,642 3,643 8.19% 3.09% 1.02 1.25 0.3300 -39.34% -50.17%
31-Mar-2024 54,286 8,128 6,004 6,006 11.06% 5.12% 1.69 1.25 0.3300 -16.02% -18.00%
31-Dec-2023 62,851 9,521 7,151 7,152 11.38% 6.10% 2.01 2.00 0.3300 -5.30% -17.66%
30-Sep-2023 62,366 11,341 7,551 7,552 12.11% 6.44% 2.12 2.00 0.3300 3.30% -16.25%

Plantation Land Area(Ha)
Plantable Area (Ha)
Planted / Mature(Ha)
Area cleared for replanting(Ha)
Simalau Plantation 5,003 4,866 3,846 1,020
Hariyama Plantation 10,600 9,645 9,645 -
Wealth Houses Plantation 6,000 5,757 5,757 -
Lepah Plantation 5,149 4,099 4,099 -
Daro Plantation 11,681 9,841 9,841 -
Eastern Eden Plantation 10,000 8,580 8,580 -
Poh Zhen Plantation 5,000 2,933 2,933 -
Sawai Plantation 6,050 5,448 5,448 -
Lassa Plantation 21,300 16,287 16,287 -
Kabang Plantation 2,700 2,133 2,133 -
Total 83,483 69,589 68,569 1,020
Area Statement as at Jun 2024

Corporate Presentation 4th Quarter 2024 (period ended 30 Jun 2024)
Jayatiasa cleared 1,020 Ha for replanting at its Simalau plantation

https://jayatiasa.listedcompany.com/slides.html

Aiyoyo Mike-tikus did not hold even one growth and dividend stock.
Is Mike-tikus only name dropping Sifu 3iii on growth and dividend stocks to gain creditbility?

By the way Jaks cash flow is negative for the past 3 financial years and needed yearly PP for working capital and loan repayment.

Mike-tikus is still twist and turn jaks FCF as positive.

Johnchew5 Hoho Jaks :
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.73 %
Revenue QoQ -7.93 %
Revenue YoY 295.23%

Aiyoyo Mije-tikus jaks, prva and capA are your calculated risk stocks.
Where are your growth and dividend stocks?

Posted by Johnchew5 > 1 day ago | Report Abuse
Hoho as said much earlier n latest in YTLpower forum :
My investment portfolio divided into 2 categories:
1.) Growth n Dividend stocks : pls refer to ethical Sifu 3iii.
2.) Calculated Risk stocks .

SCIB will be the turn around stock while jaks will be forever PP and RI stock.

By the way Jaks, Priva and capitalA gruesome stocks

Aiyoyo Mike-tikus cannot understand what is trading for my free bintang beer and lobster, what is Omesti-PB and omesti and what is growth and dividend stocks?

Yinson is growth stock
Jayatiasa is dividend stock and hopefully growth stock utilised their excess FCF
Pantech is growth and dividend stock
Insas is value trap stock

Aiyoyo
Mike-tikus still kaki kong, kaki song.

For all we know you trapped yourself in Jaks, Priva and capitalA, what growth and dividend stocks are you talking about?