Do I need to know everything before I invest or just know the important thing (financial data) and products price trend to make my judgment that this year profit/dividend/cash flow/balance sheet will be better then the last year to put my money on the stock?

Repost:
3iii should I be bother to calculate a lease- adjusted ROCE?
Or should I just look at Balance sheet (net cash), cash flow, dividend yield and monitor monthly FFB production and CPO price trend to put my money in Jayatiasa?

I'm laughing all the way to the bank with my jayatiasa.
But someone is still cry mother, cry father and licking his wounds with his lose in jaks

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.
Charles Dickens, A Tale of Two Cities

If only you had bought ............instead of icapital. A Tale of Two.......

Dsai need the support of Sarawak and Sabah MP to become PMX. So what do you expect him to do?

By the way if the law stated gas found in Sarawak or within Sarawak sea limit belong to Sarawak then please respect the law.

3iii should I be bother to calculate a lease- adjusted ROCE?
Or should I just look at Balance sheet (net cash), cash flow, dividend yield and monitor monthly FFB production and CPO price trend to put my money in Jayatiasa?

Variable lease payments on FFB produced
2024 2023
RM’000 RM’000
Group
Leases with lease payment based on FFB produced 9,748 6,463

The owner of rented land are Sarawak state and related parties.
Rental based on FFB x rent rate (RM 10 - 15)

Will post below questions to BOD at the coming AGM

1. BOD who are the land owner of rented plantation land, rent rate and the FYE 2024 total rental payment to each of the plantation land owner?
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700

2. BOD 1,020 (Ha) in Simalau plantation was cleared for replanting may I know what will be the replanting cost in year 1, 2 and 3 per Ha?

3.Is the planting material from own seeding/nursery and what is the planting materisl potential FFB yield per hectare?

4.BOD what will be budgeted replanting (Ha) for FY 25, 26, 27, 28 and FY29?

5. BOD fertiliser is one of the main cost for plantation, what were the amt of fertiliser and total cost used in FY 22, 23, 24 and buget for FY25, 26 and 27?

Jayatiasa plantation on rented land
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700
Totsl 46,880

On wholly owned and partial owned subsidiarries:
Poh Zhen 5,000
Eastern Eden 10,000
Wealth Houses 6,000
Hariyama 10,600
Simalau 5,003
Total: 36,600

Pulau Bruit Lot 92, 93, 96, 168Block 6, Bruit Land District
Leasehold land expiring on18.05.2064
Oil Palm Estate, Building & Quarter
4,176.58 hectares (previously record as 5,000 hectare)
14 years 7,092 09/Dec/2004

Pulau Bruit Lot 5, 6, 14, 17 Block 11 Bruit Land District
Leasehold land expiring on 18.05.2064
Oil Palm Estate, Building & Quarter
10,042.87 hectares
12 years 12,376 09/Dec/2004

Pulau Bruit Lot 108, Block 14 Bruit Land District Leasehold land
expiring on 18.05.2064
Oil Palm Estate,Building & Quarter
5,967.1 hectares
16 years 5,998 29/Aug/2023

Retus, Mukah Lot 1, Block 6 Retus Land District
Leasehold land expiring on 23.02.2063
Oil Palm Estate, CPO Mill, Building& Quarter
7,233.4 hectares
17 years 47,770 28/Aug/2003
Oya-Dalat District Lot 9, Block 362 Oya-Dalat District
Leasehold landexpiring on 23.02.2063
Oil Palm Estate,Building & Quarter
3,454.9 hectares
16 years 6,861 28/Aug/2003

Suai & Niah Land District Lot 1 Block 1 Suai Land
District & Lot 2 Block 2 Niah Land District
Leasehold land expiring on 06.12.2060
Oil Palm Estate, Building & Quarter
5,000.7 hectares
19 years 3,046 30/Apr/2001

100% Erajaya Synergy Sdn Bhd if I'm not mistaken rented land from Sarawak state
Lepah Plantation: 5,149
Daro Plantation: 11,681

Will ask more detail during AGM.

Quarter ended 30/9/2024
Crude Palm Oil (MT) 69,463.00
Fresh Fruits Bunches (MT) 343,397.00
Palm Kernel (MT) 15,878.00

The plantation revenue should also include both CPO and PK.
PK price Sabah
Jul: RM 2393
Aug: RM 2442
Sep: RM 2580
Oct: RM 2773

Biological assets (contd.)
(b) Planted forest (forestry assets)
The harvestable volume of planted forest was assessed by an independent specialist and the directors performed the valuation based on this key input during the financial year. The following assumptions were used in the said valuation.

(i) The net selling price, which is defined as the selling price less the costs of transport and harvesting (“cost to sell”). The net selling price is based on management estimates and is influenced by the species, maturity profile and location of timber.

(ii) Mature plantation is estimated to have a harvestable yield of 80 cubic metre per ha whilst for
immature plantation, a harvestable yield of 20 cubic metre per ha is assumed.

(iii) The total harvestable area is estimated based on satellite imagery performed by the independent specialist and supported with sample counts in specific area performed by the management.

(iv) It is assumed that the harvested timber will be sold locally. The export of planted timber extracted from reforested plantation is currently suspended by the Government of Sarawak until further notice. In addition, the Group has not obtained the license to harvest the reforested plantation

These are the assumption in arriving at the fair value of planted forest biological assets

Jaya Tiasa Agriculture Malaysia Cultivation of paddy and 100 100
Sdn. Bhd. (Formerly related activities
known as JT Logging
Sdn. Bhd.)

Sarawak for Sarawak companies.
So more state land for rent to jayatiasa for padi farming

By the way Jaks ALP by far is the best conman.
His victim included KYY, OTB and etc. Soon to be in his victim list the kid.

Kid see ghost every where.
Is he been cheated by conman many time?

Haha,
Nice to see Philip argue with a kid.
That kid still stay in parent house, no job, no family, no friend, nothing to do and is so free everyday lepak at i3 cari gaduh with everyone.
By the way tgat kid can't read nor understand financial report so are you kidding to ask him his CAGR?
It id best just totally ignore that kid.

Posted by Philip ( buy what you understand) > 2 hours ago | Report Abuse

So what's your CAGR like Mike past 5 years and ten years? You still to be an expert commenter. Let's see you walk the talk seem to never make any mistake all cun cun calls?

Repost:
Already in and out of jail for so many times and still did not repent and continues with slander, misinformation and gibberish

Have you wonder what has USA do to help it neigbour the South America except the export of mechine of war to South America.

By the way China had helped it neigbour South Asean with increasing trade, investment and development.

So do you rather be a neigbour of China or USA?

The Buddha defined karma as intention; whether the intention manifested itself in physical, vocal or mental form, it was the intention alone which had a moral character: good, bad or neutral. As one intends and acts, so does one become: one becomes virtuous by virtuous action, and evil by evil action.

If you feel you are trapped and can't escape. You are welcome to read below blog on Karma:
https://klse.i3investor.com/blogs/Sslee_blog/2019-12-28-story-h1481948233-Food_of_thought_for_the_coming_year_2020_Karma.jsp

Already in and out of jail for so many times and still did not repent and continues with slander, misinformation and gibberish.

So what is the intent of rat to purposely omitted the next senstense "We have nothing to report in this regard on the Directors’ Report"?

Information other than the financial statements and auditors’ report thereon

The directors of the Company are responsible for the other information. The other information comprises the information included in the Directors’ Report and the Annual Report, but does not include the financial statements of the Group and of the Company and our auditors’ report thereon.

Our opinion on the financial statements of the Group and of the Company does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements of the Group and of the Company, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements of the Group and of the Company or our knowledge obtained in the audit or otherwise appears
to be materially misstated.

👉If based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard on the Directors’ Report.

If someone can't see fraudulent, malpractice, impropriety, misconduct, incompetent of Jaks BOD/Management/ALP in yearly impairment of goodwill, receivables, contract assets and etc to the tune of multimillions and now depend on yearly PP or RI for working capital and loans repayment then he deserve to be a loser and lose his pants.

I set up trap at jaks and HRC and it actually trapped a naughty good for nothing rat.

Philip' Dog and Drangon story is about not afraid to dream big, put in an effort to learn and try. The end result might not be what you dream of but definately the end result will be a much better place than you start out.

The story had nothing to do with Serbadk or has it?

Below are facts and figures on Jayatiasa plantation EBITDA.

Quarter ended 30/9/2024
Crude Palm Oil (MT) 69,463.00
Fresh Fruits Bunches (MT) 343,397.00
Palm Kernel (MT) 15,878.00

So can expect the quarter end 30/9/2024 plantation
EBITDA of at least: RM 358.41 X 343,397 = RM 123,076,918

Budget FYE2025 FFB production 1,211,852 MT

Jayatiasa plantation EBITDA for FYE 30/6/2024 is RM 414 million.
FFB production: 1,155,478 MT
Or CPO 228,631MT + PK 52,399MT

Plantation Revenue per MT FFB = 957,886,000/1,155,478 = RM 829.00
EBITDA per MT FFB= 414,132,000/1,155,478= RM 358.41
Direct cost = 829-358 = RM 470.59 per MT FFB

Segmental Information
The financial information in respect of the Group’s business segments for the current financial year
ended 30 June 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 957,886 56,589 1,317 1,015,792
Inter segment 720,949 83,663 3,320 (807,932) -
Total Revenue 1,678,835 140,252 4,637 (807,932) 1,015,792
EBITDA 414,132 (20,520) (1,598) - 392,014
Finance cost (9,998) (8,352) (111) - (18,461)
Depreciation and amortisation (125,588) (10,067) (2,051) - (137,706)
Segmental result 278,546 (38,939) (3,760) - 235,847
Group admin and overhead cost (27,064)
Other expenses (2,190)
Profit before tax 206,593

https://klse.i3investor.com/blogs/cscsc/2016-12-08-story111267.jsp

Did I promote Xingquan or did I trying to hold BOD responsible, accountable and answerable?

I can only found the below full sentense from FYE24 Jayatiasa Annual reprt.

If based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard on the Directors’ Report.

Is someone really do not know the below is just the first part of the full senstense?
Is he has no ball to post the full sentense?
Will he find his ball to report any fraud, malpractice, impropriety, misconduct, incompetent to Bursa SC, MSWG, etc and hold BOD accountable, responsible and answerable during AGM?

👉👉👉If based on the work we have performed , we conclude that there is a material misstatement of this other information , we are required to report that fact .😱🤔

I am looking forward to very good quarter ended 30/9/24 financial result at the end of this month and extraordinary result ended 31/12/2024 if CPO price can hold.

Only loser still hoping for LSS5 and surely jaks ended 31/12/24 another big multi-million impairment of receivables.

Ps:
Jaks
Total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million. For the written-off of receivables please refer to reply 1.1. For the basis of trade receivables impairment please refer to 1.2 and 1.2.2. All the material related party transactions are disclosed in note 35 (b) to the financial statement. During our course of audit, we are not aware of other related party transactions

MSWG and Bursa SC need to step in to hold BOD responsible, accountable and answerable on impairment of goodwill, receivables, contract assets and etc or else more public listed companies BOD will used MFRS accounting standard to whitewashed fraud, malpractice, impropriety, misconduct, incompetent and etc with impunity

FastmarketS Palm Oil Analytics senior analyst Sathia Varqa said CPO futures notched a 30-month high, supported by a strong biodiesel demand outlook amidst a tight first-quarter production view.

At the close, the spot month November 2024 contract rose RM122 to RM5,160 per tonne, December 2024 surged RM148 to RM5,144 per tonne and January 2025 advanced by RM149 to RM5,101 per tonne.

February 2025 rose by RM142 to RM5,039 per tonne, March 2025 added RM134 to RM4,938 per tonne, and April 2025 was RM131 higher at RM4,821 per tonne.

Trading volume grew to 123,802 lots from 104,193 on Thursday, while open interest fell to 239,911 contracts from 245,610 previously.

The physical CPO price for November South soared by RM90 to RM5,160 per tonne.

If based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard on the Directors’ Report.

Market Information
Market Data Overview
Market Data Overview
As at 07 Nov 2024 05:10 PM
Prices are delayed by 15 minutes

Derivatives
Night & Day Session
Night Session
No Name Month Last Done Change Vol (`00) OI
1 FCPO Jan 2025 4,950.0000 +33.0000 50,229 133,898
2 FCPO Feb 2025 4,892.0000 +30.0000 11,622 42,187
3 FCPO Mar 2025 4,797.0000 +20.0000 10,532 32,868
4 FKLI Nov 2024 1,621.0000 - 10,202 41,524
5 FCPO Dec 2024 4,991.0000 +34.0000 5,948 37,241
6 FCPO Apr 2025 4,688.0000 +11.0000 4,859 19,532
7 FKLI Dec 2024 1,625.0000 - 371 1,592
8 FCPO Nov 2024 5,055.0000 +56.0000 235 2,675

INDEPENDENT AUDITORS’ REPORT to the Members of Jaya Tiasa Holdings Berhad

Report on the audit of the financial statements
Opinion
We have audited the financial statements of Jaya Tiasa Holdings Berhad, which comprise the statements of financial position as at 30 June 2024 of the Group and of the Company, and the statements of profit or loss and other comprehensive income, statements of changes in equity and statements of cash flows of the Group and of the Company for the year then ended, and notes to the financial statements, including material accounting policies, as set out on pages 99 to 179.

In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group and of the Company as at 30 June 2024, and of their financial performance and their cash flows for the year then ended in accordance with the Malaysian Financial Reporting Standards, International Financial Reporting Standards
and the requirements of the Companies Act 2016 in Malaysia.

Lease liabilities (contd.)
Variable lease payments based on FFB produced
Some leases of the Group under plantation sector contain variable lease payments that are based on FFB produced for the lease of land. Variable lease payments for the financial year ended 30 June were as
follows:
Estimated annualimpact of a 5% increase
Variable lease payments on FFB produced
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000
Group
Leases with lease
payment based on
FFB produced 9,748 6,463 487 324

$5B petrochemical complex ceases operation in southern Vietnam
By Dat Nguyen

Mon 11/4/2024, 07:05 pm (PT)

The Thai-invested Long Son Petrochemicals complex in southern Vietnam has suspended operation since mid-October, two weeks after its commercial launch.

Hope to do better than Philip in collecting low.

02-Mar-2020 Buy +580,000 5.20 +3,025,097.20 3,993,200 - 28,514,851.84 7.140 27,752,889.84 6.950
10-Mar-2020 Buy +700,000 4.35 +3,054,182.75 4,693,200 - 31,569,034.59 6.726 30,807,072.59 6.564
20-Mar-2020 Buy +750,000 4.09 +3,076,749.13 5,443,200 - 34,645,783.72 6.364 33,883,821.72 6.224
12-May-2020 Buy +400,000 5.43 +2,178,607.40 5,843,200 - 36,824,391.12 6.302 36,062,429.12 6.171

Some ineficient Petrochemical plant will be force closed and need few more years for demand growth to absorb the surplus supply.
I am waiting patiently to collect low.

“Never wrestle with a pig because you'll both get dirty and the pig likes it." - George Bernard Shaw

Income if you want to make friend with low IQ Mike-tikus you are a most welcome.

As of me I will just ignore the low IQ people.

I make a mistake of trying to teach a crab how to walk straight. My mistake and my apology.

The best way to treat this low IQ Mike-tikus is totally ignore him.

I make a mistake of trying to teach a crab how to walk straight. My mistake and my apology.

The best way to treat this low IQ Mike-tikus is totally ignore him.

Jaks
Total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million. For the written-off of receivables please refer to reply 1.1. For the basis of trade receivables impairment please refer to 1.2 and 1.2.2. All the material related party transactions are disclosed in note 35 (b) to the financial statement. During our course of audit, we are not aware of other related party transactions

MSWG and Bursa SC need to step in to hold BOD responsible, accountable and answerable on impairment of goodwill, receivables, contract assets and etc or else more public listed companies BOD will used MFRS accounting standard to whitewashed fraud, malpractice, impropriety, misconduct, incompetent and etc with impunity

My sincere advise to Mike-tikus and income if you cannot read and understand cashflow statement you better stop your stocks investment.

Jayatiasa Cashflow figures:
Current year-to-date 30 Jun 2024
Corresponding year-to-date 30 Jun 2023
RM'000
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

Repost:
If Mike-tikus can't read allow me to explain
2024 jayatisa pay RM 40,656,000 as dividend to shareholders at the sametime repaid term loan RM 153,164,000 to bank.
2023 jayatisa pay RM 41,624,000 as dividend to shareholders at the sametime repaid term loan RM 215,948,000 to bank

Forestry biological asset is subjected to fair value impairment.
Impairment will effect Net profit but did not effect cashflow.

So Mike-tikus jaks property investment book value how much and can jaks sell the said properties at book value?

Did Mike-tikus know jaks already yearly impair goodwill to zero.

Jaks
31-Dec-2023 31-Dec-2022
RM'000 RM'000

Cash flows from / (used in) financing activities
Proceeds from issuance of share capital 38,272 711
Interest paid (21,287) (21,813)
Drawdown / (Repayment) of short term borrowings 2,178 (7,225)
Drawdown (Repayment) of lease liabilities 1,163 (228)
Drawdown / (Repayment) of bank term loans (5,354) 132,129
Share issuance expenses (882) -
Net Financing Cash Flow 14,090 103,574

Deposits placed with licensed banks 22,222
Cash and bank balances 41,929

Non-Current Liabilities
Long Term Borrowings 428,741
Current Liabilities
Bank borrowings 60,040
Bank overdraft 6,037

With negative cash flow you know jaks need PP to repay current Bank borrowings 60,040 and
Bank overdraft 6,037

So Mike-tikus dare not post his half past six figures and facts of jaks?

Repost:
Jayatiasa
30/06/2024 30/06/2023
RM'000 RM'000
Cash Flows used in Financing Activities
Dividend paid (40,656) (41,624)
Increase in debt service reserve account (592) (19,963)
Net repayment of revolving credit and bankers' acceptances - (8,712)
Repayments of lease liabilities (889) (859)
Net repayment of term loans (153,164) (215,948)
Net cash flows used in financing activities (195,301) (287,106)

If Mike-tikus can't read allow me to explain
2024 jayatisa pay RM 40,656,000 as dividend to shareholders at the sametime repaid term loan RM 153,164,000 to bank.
2023 jayatisa pay RM 41,624,000 as dividend to shareholders at the sametime repaid term loan RM 215,948,000 to bank.

Currently Jayatiasa
RM'000
Cash and cash equivalents 283,037
Current Liabilities
Loans and borrowings 57,652
Non-current Liabilities
Loans and borrowings 136,577

Mike-tikus dare not post jaks Cash Flows used in Financing Activities for past 2 financial years?

Jayatiasa
30/06/2024 30/06/2023
RM'000 RM'000
Cash Flows used in Financing Activities
Dividend paid (40,656) (41,624)
Increase in debt service reserve account (592) (19,963)
Net repayment of revolving credit and bankers' acceptances - (8,712)
Repayments of lease liabilities (889) (859)
Net repayment of term loans (153,164) (215,948)
Net cash flows used in financing activities (195,301) (287,106)

So Mike-tikus give you chance to cut and past jaks Cash Flows used in Financing Activities for past 2 financial years.

Aiyoyo Mike-tikus
Jayatisa Positive FCF used to pare down debts and pay dividend.
Jaks negative FCF thus borrow more money and get free money from PP.

Repost: But sadly Mike-tikus can't understand.

Explanatory notes pursuant to MFRS 134 and Appendix 9B of the Listing Requirements
1 Accounting Policies and Basis of Preparation
a) Transition from FRS to MFRS
As previously reported: Effect on transition to MFRS :Restated
RM'000 RM'000 RM'000
As at 30.06.2018
Non-current Assets
Property, plant and equipment 1,089,736 1,164,680 2,254,416
Biological assets 1,676,971 (1,630,480) 46,491
Deferred tax assets 22,807 11,094 33,901
Current Assets
Biological assets - 9,450 9,450
Non-current Liabilities
Deferred tax liabilities 145,979 (98,430) 47,549
Equity
Reserves 816,745 (346,826) 469,919

Repost from jayatiasa
Aiyoyo Mike-tikus can't read financial report, cut and paste financial data from pasar malam source without understand it, his pasar malam TA told him jaks 18 floor is ground floor and he bought from 18 to 24 and trapped himself high high and need to go every forum to promote jaks with his half past six facts and figures 24/7/365 non stop for a year and half now to no avail.