Aiyoyo,
It mean Mike-tikus or John-pig.

Me had been trading jaks for my free bintang beer many time only Mike-tikus or John-pig pasar malam TA told him jaks 18 floor is bottom and thus buy all the way up to 24 floor. Now trapped for one and a half year and had to go every forum to promote jaks 24/7/365 non-stop to no avail.

So now no more facts and figures only slander Mike-tikus or John-pig?

Jaks
Period End Year End
30-Jun-2024 31-Dec-2023
RM'000 RM'000
Current Assets
Inventories 483 483
Contract assets 92,236 102,030
Trade and Other Receivables 421,135 417,625
Amount due from Joint Venture 10,291 10,291
Deposits placed with licensed banks 12,074 22,222
Cash and bank balances 31,955 41,803
568,174 594,454

Current Liabilities
Trade and Other Payables 457,827 476,105
Bank borrowings 59,894 68,200
Bank overdraft 5,877 5,911 -
523,598 550,216

With negative cashflow from operating activitives and year end impairment lose of receivables and contract assets.
Can jaks repay the current bank borrowing of RM 59,894,000?
More PP or RI coming?

Aiyoyo Mike-tikus untill now still do not know jaks operating cashflow is negative and need to depend on free money from investors or shareholders with yearly PP or RI for working capital and loans repayment.

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Mike-tikus,
EBITDA is expected to reach about USD 1 billion annually from 2026.

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

Mike-tikus you better sell your jaks and buy Yinson.
Yinson FCF USD 200 – USD 300 million 2026 onward while you need to wait till 2030 for jaks FCF to turn positive

1. LAU CHUAN HOOI
May I know, what is the company's future outlook? Will the board consider giving door gifts as a token of appreciation?
Reply:
Yinson is optimistic about its direction. The FPSO market is thriving, with 12 new FPSO awards annually. To make a project successful, the company needs to know the outlook of projects available and have a suitable project team. Despite the capital-intensive nature of the business, Yinson successfully funds all its projects. Yinson also manages to tap into the private capital and bonds markets. With the FPSO Agogo project set for delivery by end-2025, EBITDA is expected to reach about USD 1 billion annually from 2026. Yinson is very optimistic about the outlook of the business growth and also the ability to pay shareholders dividends on a quarterly basis which Yinson started last quarter.

2. CHUA SONG YUN
Given the aggressive expansion, the nature of front-loaded costs for FPSOs, complex finance lease
accounting, and substantial negative operating cash flow due to new FPSO constructions, the market and shareholders may find it difficult to understand Yinson's value. With FPSO Atlanta, FPSO Maria Quitéria, and FPSO Agogo set to commence their charter periods in the next year or two, assuming no new FPSOs are added, could management present the projected free cash flow expected from the FPSO segment over the next 10 years? This would help shareholders better appreciate the company's value.

Reply:
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.

Referring to Yinson Bhd's FY2025 Q1 results, could management explain in detail the financial treatments
that have led some analysts to comment:
I. "Using financial tools to boost equity returns…"
II. "Stripping off RM 151 million EPCIC earnings to arrive at core profits…"
III. "IFRS accounting distortion is growing alongside its leverage…"
Reply:
Yinson has clarified the interpretation of the analysts. First of all, financial tools do boost equity returns. Every time Yinson refinances instead of getting equity much later, especially for non-recourse debt, Yinson brings back its returns earlier. When you bring cash flows earlier, financially your NPV goes up. It is not a financial tool, rather it is called “refinancing”. Refinancing allows Yinson to bring cash flows back to shareholders earlier, and to de-risk the project because it is non-recourse. It improves free cash flow, and that is how Yinson recycles its capital.

From the follow-up article, it mentioned how Yinson recycles capital. If you were to look at core profits and EPCIC returns, you would need to strip off the revenues and the profits from EPCIC and add back the interest incurred for the EPC. Yinson’s business model is EPCIC, Lease and Operate, where the finance lease accounting treatment based on IFRS has led to some distortion. Yinson will present operating lease accounting numbers alongside IFRS accounting numbers from next year onwards. This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective. IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

Repost:
Mike-tikus again name-dropping without even able to prove it for attention seeking.

He must be high on drug to even suggest I approached him 1st in Next on 2020.

Still selective FFB production july-sept.
When you can have the whole year history:

FFB production (MT)

31,864 61,747 99,858 180,684 359,100 604,836 666,899 766,467 740,013 931,745 1,009,445 1,069,340 1,095,575 1,111,298 861,766 737,723 943,924 1,155,478
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
Lower FFB output in FY 21 & FY22 due to disruption in operation brought about by covid-19 pandemic

FY25 budget: 1,211,852

Mike-tikus can't debate with facts and figures and now only way is to slander and telling lies

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Note:
Quarter ended 30/9/2023 CPO price: RM 3732
Quarter ended 31/12/2023 CPO price: RM 3616
Quarter ended 31/3/2024 CPO price: RM 3838
Quarter ended 30/6/2024 CPO price: RM 4026

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

So imagine if CPO price can hold what will be the NP and operating cash flow for FYE 2025?

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

Any reason/reasons why should I answer any of your inconsequential question/questions on jayatiasa when Jayatiasa management already give below figures and facts:

As for you still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

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

Again and again Mike-tikus prove himself to be the biggest liar in i3 with and IQ of a tikus.

Still no bola to answer a simple question from Philip?
How many million shares of Jaks are you currently holding?

Mike-tikus again name-dropping without even able to prove it for attention seeking.

He must be high on drug to even suggest I approached him 1st in Next on 2020.

Repost:
Area Statement as at Jun 2024
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

Tge facts and figures below:

FYE2024
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

FYE 2023
Wealth Houses Plantation 6,000
Lepah Plantation: 5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation: 2,700
Totsl 52,880

6,000 ha replanting will cost RM 44 million over 3 years period.
So per ha 44,000,000/6000 = RM 7,333 per Ha

Eventually all plantation need to replant every 25 years cycle.
And with high yield planting material the productivity will increase.

Again Mike-tikus caught talking from his asss with no facts and figures.


Jtiasa recently QR showed that there is Leased Land being Terminated??
Can he back up above with figures and facts?

Wait for next quarter result out. Should be not very good quarter due to depreciation of USD against RM. Will have foreign exchange losses because sell in USD cost in RM. And Pengerang complex, recognising finance and depreciation costs.

By March 25 what will be jaks price when Q4 ended 31/12/2024 big red red with impairment of receivables?

By March 2025 when two outstanding quarter ended 30/9/2024 and quarter ended 31/12/2024 was announced what will be jayatiasa price then?

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:

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

You can lease land from Sarawak state or private land owner to plant palm oil and pay rental based on FFB havested from the rented land.

Why Mike-tikus is so stupiiiiid?
If you bought over the rentend land from the land owner what will happen then?

Don't tell me Mike-tikus with IQ of tikus cannot think?

Tepost:
Mike-tikus can't you read?

Posted by Sslee > Nov 1, 2024 6:12 AM | Report Abuse X
FFB production (MT)

31,864 61,747 99,858 180,684 359,100 604,836 666,899 766,467 740,013 931,745 1,009,445 1,069,340 1,095,575 1,111,298 861,766 737,723 943,924 1,155,478
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
Lower FFB output in FY 21 & FY22 due to disruption in operation brought about by covid-19 pandemic
FY25 budget: 1,211,852

Plantation (Ha) under rented land
Lepah Plantation:5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation:2,700
46,880

Area Statement as at Jun 2024
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

Out of total plantation land 83,483 Ha 46,880 Ha is rented land.
FY24 1,020 (Ha) in Simalau plantation was cleared for replanting

The coming AGM I will ask:
1. BOD who is/are the land owner of rented plantation land and the rental payment for:
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.BOD what will be budgeted replanting (Ha) for FY 25, 26, 27, 28 and FY29?

4. 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?

Will Mike-tikus dare to buy 100 units of Jayatiasa and post his questions to BOD in the coming AGM rather then posted his misinformation or selected/faked figures and facts on Jayatiasa in i3forum?

Again proven Mike-tikus only know how to cut and paste without knowing what he paste.
Wealth Houses Plantation 6,000 (Ha)

KUALA LUMPUR (July 4): Jaya Tiasa Holdings Bhd is acquiring 825,000 shares or a 55% stake in Wealth Houses Development Sdn Bhd (WHD) for RM52.25 million

Aiyoyo Mike-tikus go and look into Annual Report FYE2024

Posted by Mikecyc > Nov 1, 2024 2:22 PM | Report Abuse
Haha Repost :

Jtiasa
Haha interesting le , 👉referring to Annual Report FYE2023 :
Top 10 List of Properties Owned :

1.) Pulau Bruit , Bruit Land District

👉Tenure : Rented land

Existing use : Oil Palm estate, CPO mill , Building & Quarter


👉Area : 52,880 hectares ( 76 % of planted are ) .


Approximate age of building: 15 years

Mike-tikus post all the gibberish but
Still no balls to answer Philip's question:
How many million shares of Jaks are you currently holding?

TOP 10 PROPERTIES OF THE GROUP AS AT 30 JUNE 2024
Description Tenure Existing use Area Approximate age of building
Net BookValue (RM’000) Date of Acquisition

Pulau Bruit Bruit Land District Rented land Oil Palm Estate,
CPO Mill, Building & Quarter 46,880 hectares 16 years 93,763 -

Retus, Mukah Lot 1, Block 6 Retus Land District Leasehold land
expiring on 23.02.2063Oil Palm Estate, CPO Mill, Building & Quarter 7,233.4 hectares 17 years 47,770 28/Aug/2003

Sibu Town Sibu Town District Blk 10, Lots 790-802 Leasehold land
expiring on 06.09.2071 Building 2,260.8 sq metres 21 years 12,644 30/Apr/2005

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 317 & 318 Block 15 Bruit Land District Leasehold land expiring on 18.05.2064 CPO Mill, Building & Quarter 74.84 hectares.14 years 9,845 01/Jan/2014

Pulau Bruit Lot 92, 93, 96, 168 Block 6, Bruit Land District Leasehold land expiring on 18.05.2064 Oil Palm Estate, Building & Quarter 4,176.58.hectares 14 years 7,092 09/Dec/2004

Oya-Dalat District Lot 9, Block 362.Oya-Dalat District Leasehold land expiring on 23.02.2063 Oil Palm Estate, Building & Quarter 3,454.9 hectares 16 years 6,861 28/Aug/2003

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

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

Sibu Lot 920 & 1373, Block 16, Seduan Land District Leasehold land
expiring on .31.12.2915 Warehouse 1.35 hectares 12 years 2,880 14/Mar/2008

So go and match the report to jayatiasa 10 plantatians:

Area Statement as at Jun 2024
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

Again Mike-tikus can't even get the figures and facts right.
Still selectively cut and paste without knowing what he paste.
No wonder trapped high at Jaks for more than one and half year now

Still no balls to answer Philip's question:
How many million shares of Jaks are you currently holding?

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

Market Information
Market Data Overview
Market Data Overview
As at 01 Nov 2024 12:30 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 4,830.0000 +134.0000 20,522 102,733
2 FCPO Feb 2025 4,770.0000 +136.0000 4,552 30,079
3 FCPO Dec 2024 4,866.0000 +128.0000 4,359 42,323
4 FCPO Mar 2025 4,687.0000 +127.0000 3,725 25,079
5 FKLI Nov 2024 1,606.0000 +2.5000 3,682 38,288
6 FCPO Apr 2025 4,601.0000 +125.0000 2,877 18,320
7 FCPO Nov 2024 4,925.0000 +125.0000 434 5,436

Aiyoyo Mike-tikus no more facts anf figures but slanderous.
Still no balls to answer Philip question:
How many million shares of Jaks are you currently holding?

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

I'm a tax resident of Indonesia.
If need to pay 2% dividend tax to LHDN then will just pay the tax.

Mike-tikus,
Philip ask you how many million shares of Jaks are you currently holding?
Too shy to answer?

Aiyoyo Mike-tikus below are the date and amount I received dividend from jayatiasa.
18/10/2022 Jayatiasa 1,680.00
30/3/2023 Jayatiasa 4,500.00
29/09/2023 Jayatiasa 8,245.00
2/4/2024 Jayatiasa 22,500.00
30/9/2024 Jayatiasa 81,200.00

FFB production (MT)

31,864 61,747 99,858 180,684 359,100 604,836 666,899 766,467 740,013 931,745 1,009,445 1,069,340 1,095,575 1,111,298 861,766 737,723 943,924 1,155,478
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
Lower FFB output in FY 21 & FY22 due to disruption in operation brought about by covid-19 pandemic
FY25 budget: 1,211,852

Plantation (Ha) under rented land
Lepah Plantation:5,149
Daro Plantation: 11,681
Sawai Plantation: 6,050
Lassa Plantation: 21,300
Kabang Plantation:2,700
46,880

Area Statement as at Jun 2024
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

Out of total plantation land 83,483 Ha 46,880 Ha is rented land.
FY24 1,020 (Ha) in Simalau plantation was cleared for replanting

The coming AGM I will ask:
1. BOD who is/are the land owner of rented plantation land and the rental payment for:
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.BOD what will be budgeted replanting (Ha) for FY 25, 26, 27, 28 and FY29?

4. 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?

Will Mike-tikus dare to buy 100 units of Jayatiasa and post his questions to BOD in the coming AGM rather then posted his misinformation or selected/faked figures and facts on Jayatiasa in i3forum?

May Deepavali illuminate our hearts with celebration, empathy, and a strengthened sense of unity.
Wish all a happy and prosperous festival

May Deepavali illuminate our hearts with celebration, empathy, and a strengthened sense of unity.
Wish all a happy and prosperous festival

May Deepavali illuminate our hearts with celebration, empathy, and a strengthened sense of unity.
Wish all a happy and prosperous festival

Market Information
Market Data Overview
Market Data Overview
As at 30 Oct 2024 05:00 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 4,695.0000 +58.0000 45,211 129,199
2 FKLI Nov 2024 1,603.5000 - 8,927 43,936
3 FCPO Feb 2025 4,639.0000 +66.0000 8,268 33,252
4 FCPO Dec 2024 4,740.0000 +58.0000 7,778 46,694
5 FCPO Mar 2025 4,564.0000 +71.0000 5,600 27,663
6 FCPO Apr 2025 4,479.0000 +69.0000 3,590 19,182
7 FCPO Nov 2024 4,800.0000 +63.0000 1,468 7,404

By the way when you take small trading position for free bintang beer sometime it misfire then you need to wait long enough for your free bintang beer. No harm done.

SCIB is one of my trading stock and I do not need to go every forum to promote it

Jayatiasa is my main stock and on and off I do promote it at jayatiasa forum.

Aiyoyo Mike-tikus, no friend, no family, no job, no money and everyday lepak in i3 cari gaduh.

Still copy and paste data from some pasar malam source and never check the validity and reliability of data, hence no wonder trapped inside jaks for a year and half already.

I was facing the same problems when I first start up my career as young production executive and later production engineer where managing people(subordinates and superiors) were the biggest problems rather than solving engineering problems.

Just try to mix in, learnt as much as you can and then teach everyone the tecnical know how, know what and your expectation of what you considered as good performance.

When you have done all these then prepared and ready yourself for a bigger job and job responsibility the market can offer.

@YY,
My carrer path:
1986-1991 SAB Production Executive - Production Engineer
1991-1996 Tioxide Shift Manager
1996-2001 SAB Engineering Manager - Business Development Manager
2001- now PT MM General Manager

For me do not stay too long at your comfort zone, dare to venture outside your comfort zone and never ending life long learning to be successful.
You can learn all the technical knowledge from the book or hand on.
But on how to managed people and how to handle owner boss you need to learn hand on.

As of palm oil mill most likely Philip can tell you something as if I am not mistaken Philip work in palm oil mill before and he met the QL boss while working in palm oil mill.

TheContrarian just be yourself and continues with your winning formula.
Me and old man Philip sometime just like to argue and a little bit show-off.

Mike-tikus remember to sell your jaks before Q4 result out because Q4 will be red red due to impairment on receivables.

Me, learning from everyone and now trying to build a portfolio that will earned me a dividend of 200k+ and capital appreciation. On and off a small trading position for my free bintang beer and for the fun of it.
So investing can be fun and not as boring as Philip portrayed

What I'm trying to say is do study the fundamental but look also at the bigger picture on demand and supply and you should do well in buying low and selling high.

PS: Don't be like Mike-tikus not even know jaks got cash flow problems and die die also must promote jak with his half past six facts and figures every forum he go for the past one and a half year.

If you are super rich then you can invest like KYY or Philip

KYY at time reckless in average up an uptrending stock with ever increasing margin and when his stock made a sudden U turn he get his hand burnt with margin forced selling.

In the other hand Philip like to average down his good fundemental stock with his available margin and then watch his stock recovered back it value.
In between Philip is smarter to cut lose his Serbadk and Serbadk bond instead of average down.

Philip is right on his long game but proven stockraider and me beat him on the short putt. (A win is still a win)

As of average people you need to learn from TheContrarian how to buy low and sell high. By the way TheContrarian managed to make 4X from Insas price fluctuation.

So imagine if only Philip able to do what TheContrarian did then his return will be many times higher.

Xingquan is my beginner mistake, don't cry over it but just learnt the painful lesson.

Jaks is my trading stocks for my free bintang beer same as when I trade on star recommended by Philip.

As of Insas hope Philip still can remember the below on:
Stockraider Insas Vs Philip QL
And my Insas vs Philip Pchem.

PS: I had sold most of my Insas with good profit and bought Jayatiasa. So wish me luck in Jayatiasa.

Stock: [INSAS]: INSAS BHD
Jun 4, 2023 4:23 PM | Report Abuse

Ular,
Some year back stockraider even win his bet with Philip Insas Vs QL

Now I'm trying to repeat what stockraider has done:

Stock: [INSAS]: INSAS BHD
Apr 8, 2023 11:07 PM | Report Abuse

Since insas is my 50% holding and Pchem is Philip 38% holding.
1 year bet insas RM 0.775 vs Pchem RM 7.50.

The race is on Insas break RM 1.03 or Pchem break RM 10 in 1 year time.

After that I might challenge 3iiii

I had been in the olechemical industries for all my working life.
I had see many cycles of up and down in the oleochemical industries based of demand growth and supply growth imbalance.

In short many if not all industries are cyclical in nature with their up and down cycle. Thus timing the cycle is very inportant if you aim to outperform the market.

If you are at rich as Philip then no worry you can continues average down your cost at the down cycle and if you do that long enough then for sure the up cycle will come one day and your stocks start to perform again

But for many of us that is not so rich and can't afford to continues average down while waiting for the up cycle then knowing the market supply and demand imbalance condition will stand you a good chance of buying low and selling high.

By the way Philip Pchem is now on the down cycle ie supply growth outpace the demand growth.