sense maker

kcchan270871 | Joined since 2010-10-04

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Stock

2024-07-23 10:00 | Report Abuse

Net cash and PE about 5. But the controlling shareholders are not sharing profits with you via dividend. This could be due to reasons such as controlling shareholders treat the company’s money are theirs, they seeing recent surge in profits as unsustainable, they reserving ALL cash to buy land and expand, etc.

Stock

2024-05-31 09:26 | Report Abuse

Target eps for FYE 2014 is revised down from RM0.2 to RM0.18. Target price is reduced from RM2.2. to RM1.80.

Stock

2024-05-30 18:53 | Report Abuse

Just my guess and views, high costs of operation may be due to:
1) Salary increase beginning 1.1.2024
2) Certain subsequent cost incurred relating to the newly acquired subsidiary of RM52m that couldn’t be capitalised.
3) RM3m of negative fair value changes.
4) High fixed operating cost structure that didn’t go down despite lower production activity.
5) Higher fertiliser and other direct costs like more staff recruited ahead of coming good seasons.
6) Management delayed many items of cost from last quarter to this quarter, making the former seemingly so good and this quarter so bad.
7) Hanky-panky.

Note that this counter moves up or down ahead of result announcements. Calvin trumpeted this counter nonstop before the price suddenly collapsed from RM1.54 to RM1.15. Then he disappeared. I guess he will be back when the operators ask him to again. Operators know the results 1 month ahead of many. Don’t try to time it too much. Hold for long term if you trust the management. Otherwise you may choose to sell, especially when the price recovers a bit from here.

Stock

2024-05-18 09:03 | Report Abuse

Wah. So good meh. The coming EPS, if ada 2-3 sen, shareholders should be happy loh. Yearly eps of RM0.20 remains intact.

Stock

2024-05-13 12:02 | Report Abuse

If you have doubts that this counter is overvalued due to any reason, please sell its shares without any hesitation. Cheers

Stock

2024-05-11 11:01 | Report Abuse

CPO price drops to 3800, which is still a good price for plantation companies. Most plantation counters stay firm except Jtiasa. Perfect for increasing shareholding by believers.

Stock

2024-04-24 11:45 | Report Abuse

Sudah warned Jangan sell last week at 1.21-1.29. Jangan dumb dumb dump.

Stock

2024-04-19 11:44 | Report Abuse

News of war sudah confirmed. But those who are dumping this share are gonna realise at certain ridiculously low price levels, that they are essentially throwing more than their cash away. The war will one day be over.

Stock

2024-04-19 11:15 | Report Abuse

I am commenting on the price movements. I keep adding of course.

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2024-04-19 10:35 | Report Abuse

Mahu cash tak mahu undervalued shares.

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2024-04-19 10:33 | Report Abuse

Shares got dumped here like unconfirmed bombs on Iran.

Stock

2024-04-17 12:04 | Report Abuse

Analysts all avoid this counter due to past bad governance. That’s true. A substantial holder lari without big buyers absorbing the sales. BOD have a lot to do still. But wind is definitely on its sail now and in the foreseeable future. What BOD will do remains to be seen.

Stock

2024-04-17 09:54 | Report Abuse

In 3 years, this company will have generated cash equivalent to its current market capitalisation. Keep adding.

Stock

2024-04-16 10:30 | Report Abuse

Fair value RM2-2.30. Super cheap sales. Don’t understand why so many dumped this morning. The biz isn’t affected by any conflicts between Iran and Israel.

Stock

2024-04-16 09:51 | Report Abuse

Wah, so many shareholders dumb dumb dump.

Stock

2024-04-03 11:35 | Report Abuse

It’s mad to sell at current price.

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2024-04-03 09:47 | Report Abuse

Based on the present and forward CPO prices, I expect EPS for the coming 4 quarters as follows:
1) 2sen
2) 7.5 sen
3) 7 sen
4) 7 sen
Total EPS for 12 months: RM0.235.
Target price is now at least RM2.35 for a PE multiple of 10.

Stock

2024-04-02 21:31 | Report Abuse

Many still wanna time the market and play margin, and may miss out the coming rally.
The quarter from Apr to June will see production increase and fully benefit from the current high CPO price.
Calvin is missing. Those not buying and those selling are not reminded of how cheap this counter is, vis a vis RM400m annual cash flow generation, net cash position, PE of less than 7, etc.

Stock

2024-04-02 16:56 | Report Abuse

At PE20, JT will be worth RM4.00 a share. Wa haha

Stock

2024-04-02 16:34 | Report Abuse

The cheapest plantation counter but nobody wants. Unbelievable.

Stock

2024-04-02 11:26 | Report Abuse

JT: Hold me tight. You know I am a little bit dangerous. Wa haha.

Stock

2024-03-27 15:00 | Report Abuse

At least a few days lah of rise. Not just half-a-day sprint and then retreat.

Stock

2024-03-27 12:15 | Report Abuse

One-day show only as this counter continues to fail to attract big buyers in to snap up what has been a great value below RM2 a share. Consolidation mode now and the next wave should hit RM1.6, unless Genine sells millions again along the way.

Stock

2024-03-26 10:26 | Report Abuse

Target is RM1.78 by today. Haha

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2024-03-20 12:19 | Report Abuse

Yesterday and today, surely Genine have dumped 3m shares in total at least. Belem buat announcement saja.

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2024-03-18 12:04 | Report Abuse

Sudah jadi shop 99. Can load up.

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2024-03-16 10:27 | Report Abuse

Genine started selling again. No wonder. 70m shares to dump. Cheap sales are coming. Bad in short run but good in long run. Let it fall, let it fall!

Stock

2024-03-14 22:25 | Report Abuse

Operating cash flow per year of RM400m selling for RM1.4b. This has to be the cheapest share on klse. Market is still scared of any governance issue by management? If not, what else explains the deep discount to peers?

Stock

2024-03-14 17:37 | Report Abuse

Cash-printing machine stops printing today. Everything is going swimmingly for this company, operation-wise, relatively speaking. The company was able to sell much more than it produced last quarter, as announced. The coming quarterly EPS is likely to exceed 2sen. The EPS for FYE 2024 can touch or exceed RM0.20. Fingers crossed.

Stock

2024-03-14 17:11 | Report Abuse

Anyway, my estimation for 2024 is based on zero Other Income, which stood at RM30m for FYE 2023. Hope it grows to EPS10-11sen and I am happy.

Stock

2024-03-14 17:03 | Report Abuse

Yes it will be stable and growing. But do you expect the government subsidy foregone to be immediately reflected in increased selling prices, without any effect on demand? If so, Teoseng need not drop from rm2.50 to rm1.80.

Stock

2024-03-14 16:16 | Report Abuse

Not sure about the market dynamics. If they increase the price, demand will drop. Recovery of margin and EPS will take many quarters after a n expected slump in May 24 quarterly results announcement..

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2024-03-14 14:35 | Report Abuse

EPS only 8-9sen without government subsidy.

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2024-03-13 11:41 | Report Abuse

At current price, you make back your capital via free cash flow in 3.5 years. Fair value RM1.8-2.20.

Stock

2024-03-11 10:15 | Report Abuse

Next quarterly eps will be seasonally below 2sen or thereabout. Some are afraid of that and have taken profits. As I attach a fair value of RM1.80 at least, I will add on weakness. Good luck.

Stock

2024-03-07 11:40 | Report Abuse

Why COLIM didn’t boot out lousy Boo in order to slowly liquidate all shares and then close the funds at near market value? All shareholders will be happy that way to cash out at a proper exit price.

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2024-03-07 11:30 | Report Abuse

This stock is gravitating towards RM1 and below.

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2024-03-07 11:27 | Report Abuse

Still awaiting the pipe dream of a dividend here.

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2024-03-07 11:26 | Report Abuse

Demand evaporated. Need Singaporean directors to revive the performance.

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2024-03-07 11:25 | Report Abuse

Waiting for RM0.35.

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2024-03-07 11:23 | Report Abuse

Those who have earned multi beggars should take profits as future is always fraught with uncertainties that at some point a proper discount to valuation will return to market.

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2024-03-02 16:27 | Report Abuse

This company made money from shareholders, not for shareholders. This has been forewarned 10 years ago.

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2024-03-01 10:00 | Report Abuse

The current price is high enough to allow decent profit-taking by short-term investors, while low enough to allow accumulation by long-haul investors for handsome gains over long run.

Stock

2024-02-29 18:13 | Report Abuse

RM400m operating cash flow is achievable for FYE 2024. At RM1.2, you are paying RM1.17b for the biz. Payback period 3 years. A fantastic bargain price now.

Stock

2024-02-29 18:05 | Report Abuse

Results fall within my Cincai estimation. Next quarterly eps likely slumps seasonally to below 2sen. All said, the sharp rise in revenue and decent increase in dividend is very good news. Congratulations to those who didn’t panic and didn’t sell in past 1.5 weeks.

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2024-02-29 11:58 | Report Abuse

Does the company have any plan as yet to monetise that 1.9m land by concession?

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2024-02-28 21:38 | Report Abuse

Delayed quarterly results till the last possible day so the operator can unload as much as he wants till end of tomorrow? Or is it the other way round to wash out weak holders?

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2024-02-28 16:36 | Report Abuse

After this quarter, eps will seasonally slump to below 2 sen a quarter, before recovery begins. So I guess some wanna sell down first to take profits before re-entering 3-5 months from now.

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2024-02-28 10:45 | Report Abuse

Subsidy removal is abrupt. Upward adjustment of selling prices is gradual. Profitability will take a big hit before slowly recovering somewhat.

Stock

2024-02-27 09:51 | Report Abuse

Cincai estimates of quarterly eps for FYE 30 June 2024 :
6.9 sen
4.5sen
1.6 sen
5 sen
Total: 18 sen.