Those who are convinced this is such a good stock, bear in mind that 'good value' can take >5 YEARS to show itself in the price! Witness my Sungei Bagan & Kuchai, that took 10+ years to reflect their full value. And contrasting the size of their revenues & cash flows won't guarantee that this will rise faster. A major holder with nearly 60 mil shrs ever ready to cash out & a deceitful old man which augurs badly for any stock he has ever been involved in[ including THIS ONE in 2014, heralding a 6 to 8-year bear mkt in the price] are going to factor heavily as well. Plus CPO is below 4,200 & is in a strong downtrend...
Repost: If you bought plantation stocks for land appreciation and not how much FFP they are harvesting and how much earning from FFB and milling then be prepared for the long long wait.
While those holding jayatiasa will enjoy the increase dividend.
The fact Looking at past 3 years jayatiasa financial highlights when CPO ASP was less than RM 4,000 With current net cash position and current CPO price of above RM 4,000 jayatiasa should be able to reward shareholders with increase dividend pay out from their more than RM 300+ million operating cash flow
By the way that substantial shareholder still has 58,146,264 jayatiasa share to cash out. So no need to chase high just collect slowly on price dip.
Date of Change Type Number of Shares 16-Dec-2024 Disposed 2,000,000 Registered Name Genine Chain Limited Nature of Interest Direct Interest
Nature of Interest Direct Interest Shares Ordinary Shares Reason Disposal through open market Total no of securities after change Direct (units) 58,146,264 Direct (%) 6.01 Indirect (units) 0 Indirect (%) 0.00 Total (units) 58,146,264 Total (%) 6.01 Date of Notice 17-Dec-2024
Indonesoa palm oil production year 2014- 2023 ( million MT) 29.28 31.07 31.73 34.94 42.88 47.12 44.76 45.12 46.82 46.99
CPO Average prices for palm oil worldwide from 2014 to 2024(in nominal U.S. dollars per mt) 837 663 736 751 639 601 752 1,131 1,276 886 905
CPO price collapse in year 2018-19 due to Indonesia sudden surge in CPO production. Since then no new opening of land for palm oil plantation and supply is stagnent hence moving forward CPO price will be more stable at the high end.
Hoho Recap on why Indonesia is urgent to implement Biodiesel from B35 to B40 to B50 by 2025-2026 :
1.) EUDR :
Postponement of EUDR's entry into application
The Commission is proposing an amendment to the EUDR that would postpone (a) its date of entry into application from 30 December 2024 to 30 December 2025 (and till 30 June 2026 for small and micro-enterprises) and (b) benchmarking deadline to 30 June 2025.
2.) Indonesia is the world's largest exporter of palm oil. In 2023, its total palm oil exports amounted to 27.5 million metric tons, indicating a slight increase from the previous year.
3.) In 2013, India (29% of exports) and the EU (17% of exports) were the biggest importers of Indonesian palm oil. By 2022, exports to India (12%) and the EU (10%) had declined, and China had become the largest importer of Indonesian palm oil, increasing its market share from 11% of exports in 2013 to 14% in 2022.
> In 2023, Indonesia exported around 4.82 million metric tons of palm oil to China, indicating an increase from the previous year. Indonesia exported a total of approximately 27.5 million metric tons of palm oil in that year.
ie : 17.5 % CPO is exported to China on 2023 .
4.) Indonesia, the world's largest palm oil producer, likely consumed 11.9 million mt, or 26.6% of its total production, of the vegetable oil as a biodiesel feedstock in the marketing year 2022-23 (October-September), according to a US Foreign Agricultural Service report released August 2023.
For MY 2023-24, the agency expects Indonesia's industrial use of its palm oil supply to rise to 12.7 million mt, or 27.6% of its production for the year.
Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :
Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2021 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …
👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.135 with NTA 0.60 )….
Ssleee asked me did I average down Jaks :
My reply :
1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .
2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!
Just coincidentally : Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) . Friday, 05 Jul 2024
In year 2014 Calvin first heard of Jtiasa from Uncle Kyy
He promoted Jtiasa at Rm2.40 with lots of noise, hooha and fanfare
Then i saw shale oil emanating from USA hammering crude oil
I warned Uncle Kyy to sell Jtiasa
He sold Jtiasa like no tomorrow And Jtiasa crashed from Rm2.60 to Rm1.10
Uncle Kyy then disappeared from i3 for 8 months
Now we are facing Trump
"Drill. Baby drill"
This will impact crude oil and then bring down biofuel and will cause pure palm oil upstream like Jtiasa to go lower
President Prabowo B40 will give some support hopefully and Cpo might sustain at Rm3500
We suggest when jtiasa results next month should be still ok due to Oct - Dec 2024 time lag results and left over cpo inventories. Unsuspecting last tail bull might chase. Take opportunity to sell
And go buy downstream like Fgv. Tsh also got mills, refinery and asset play in high value lands
If CPO price going down both TSH and Jayatiasa profitability will go down also.
Hence it is unethical to make a sell call on Jayatiasa and buy TSH when Jayatiasa balance sheet, FFB production and past 3 financial years result is superior than TSH
Repost: If you bought plantation stocks for land appreciation and not how much FFP they are harvesting and how much earning from FFB and milling then be prepared for the long long wait.
While those holding jayatiasa will enjoy the increase dividend.
The fact Looking at past 3 years jayatiasa financial highlights when CPO ASP was less than RM 4,000 With current net cash position and current CPO price of above RM 4,000 jayatiasa should be able to reward shareholders with increase dividend pay out from their more than RM 300+ million operating cash flow
USA was a net importer of oil and gas a decade ago. Now USA is one of the biggest exporter of oil and gas. So do you think Trump is so charitable to want a lower price of oil and gas to benefit the world?
President Trump says he will declare a "national energy emergency" as one of his first acts as president, pledging to support the domestic production of fossil fuels.
"We will drill, baby, drill," he said during his inauguration speech. "We will be a rich nation again and it is the liquid gold under our feet that will help us do it."
Trump wants to increase oil and gas production to reduce the cost of gasoline / petrol and indirectly encourage people to choose petrol cars instead of electric cars (because China has the largest market share for electric cars)
Hoho Jtiasa during price is gap up to RM 1.53 ( Double Top ) .. the Next Day is pressed down by PDT/PSS … today price is Rm 1.25 … who will unloading First le together with Kon ss leee ???
Recalled MA200 is 1.189 .. 1.15 is lower low le ….
Previously price is down to 1.19 .. up again to 1.27 …
OBITUARY FOR MRFelixTan aka @ edwing9981 ========================================================= Official Obituary⚰️ of MrFelixTan aka @ edwing9981 aka @ Felix888999 September 19, 1977 - Jan 3, 2025 @Felix Tan aka @ edwing9981 , 48 , of Klang City passed away⚰️ Friday, January 3rd at the University of Malaya Hospitals & Clinics. Mr @ edwing9981 was run over by a car⚰️ and his body was decapitated from the stomach downwards, This was following a CURSE that KARMA will hit him hard ,by his enemies after he TOLD low class LIES in YTLP forum.
Funeral Services will be held at 11:00 am, Sunday , January 5th, at Ah Kow Coffin and Chinese Funeral Home in Klang . There will be a greeting time prior to the service from 10-11:00am, also at the funeral home. Cremation will be at Petaling Jaya Crematorium. In lieu of flowers, Jonathan168138 family requests for monies as @ Felix died⚰️ a pauper following his master LOSER Koon Yew Yin.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jjohnchew
4,334 posts
Posted by jjohnchew > 1 week ago | Report Abuse
Hoho u r the most active Negative commentator in TSH le … why Plantation no Good ke …