Serious base on accounting, Jtiasa is rubbish. If you like to invest on theme, I will say yes as CPO price is on the top (RM4k)! Just share my view only.
The most rubbish stock is Scomies .. after pump n dump but denied promoting at 12 sen .. when in PN17 , people asked u : the reply is small matter ... ha chi ...
Brother & sister, I mean financial strength for JTiasa is rubbish. Theme play ok. Hold long term for cpo counter 101% not this counter! The best cpo counter is United Plantations (2089), I strongly believe most of long term investor will agree.
Agree with "calvintaneng", United Plantation will not hike so much compare to JTiasa. From my point of view, its because this is fundamental stock with AAA grade and not for pump and dump!
U UNDERSTAND WHAT IS IMPAIRMENT & ACTUAL PRODUCTION COST OR NOT LEH ?
Posted by Mikecyc > Jan 8, 2021 1:34 PM | Report Abuse
Haha see see loh :
From the above information, compute the cost of production CPO per MT and PK per tonne. By using the four methods of cost of production for PK, the result are as follow :
1. Net market value or net realizable value.
This method stipulated that the cost of production of PK is RM 1,794.75/MT, it’s mean that the cost of production equal to sales price or market value, then it can be used as the contra account or credit for CPO cost of production in the income statement. Actually, it can’t be accepted as cost of production of PK as well, because of there is gross profit or loss inside.
And the cost of CPO is RM 1,903.40/MT (RM 5,710,198.22 : 3.000 MT). Here, the cost of CPO and PK have not so significant diffference (RM 1,903.40/MT vs RM 1,794.75/MT), and of cource couldn’t be used as the reason to decide that PK as by-product.
Posted by Mikecyc > Jan 8, 2021 1:36 PM | Report Abuse
East Malaysia Production Cost is higher than West Malaysia plantation .. therefore windfall tax is lesser ...
Correct me if I am wrong, as B30 or B40 is for their internal use. Hence it’s a right left pocket for Indonesia. Thus as net exporter, they will want CPO price to continue up.
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....
TheGardener
302 posts
Posted by TheGardener > 2021-01-07 13:47 | Report Abuse
My friend (Albukhary) please fast fast sell your last under garment to buy in all the way!