Posted by hng33 > 2022-03-17 18:04 | Report Abuse

Yewyin33

Kindly check bursa annoucement, jtiasa every month will announce its CPO production on monthly basis to bursa.

You can compared jtiasa CPO production volume in jan and fed 2022 with dec, nov, oct 2021 CPO production volume

Posted by Sslee > 2022-03-17 18:21 | Report Abuse

Not many foreign funds are buying plantation stocks due to ESG hence share price will mostly go sideway. Buy only those plantation companies that give good dividend.

Posted by Chon888 > 2022-03-17 18:29 | Report Abuse

hng33 Very good. That's the way we learn together in the harmonious manner. Let's learn and grow together.

Posted by yewyin33 > 2022-03-17 18:32 | Report Abuse

This is the latest announcement by Jaya Tiasa "KUALA LUMPUR (Feb 21): Jaya Tiasa Holdings Bhd’s net profit swelled to RM51.07 million for the second quarter ended Dec 31, 2021 (2QFY22), 11 times the RM4.63 million it made in the year-ago corresponding quarter, on higher average selling prices for fresh fruit bunches (FFB) and crude palm oil.

The plantation group's earnings per share jumped to 5.28 sen from 0.48 sen, its bourse filing on Monday (Feb 21) showed. Revenue rose 57.93% to RM239.24 million, from RM151.49 million in 2QFY21.

The group said ASP of FFB grew 68% year-on-year, while the ASP for CPO rose 45%. No dividend was declared for the latest reporting quarter. Compared to the immediate preceding quarter of 1QFY22, the group's net profit doubled from RM24.57 million, as revenue rose 63.87% from RM146 million, thanks to a 40% increase in sales volume, and a 39% rise in the ASP of CPO.

For the six months ended Dec 31, 2021 (6MFY22), Jaya Tiasa made a net profit of RM75.64 million, up 91.6% from RM39.8 million in 6MFY21, while revenue rose to RM385.24 million from RM372.58 million.

Moving forward, Jaya Tiasa said its oil palm segment is expected to perform well, in view of strong palm oil prices.

“The 20% restrictions on palm oil export imposed by the major palm oil producing country (Indonesia) should continue to support the current buoyant palm oil prices for the remaining quarters of FY22,” it said.

However, the group noted that FFB production is expected to be affected by the shortage of workforce and off-peak season, but added that it expects current high palm oil prices to cushion the financial impact of the reduction in crop production.

“Barring any unforeseen circumstances, the group anticipates satisfactory financial performance for the remaining quarters of the FY22,” it added. yewyin33

Posted by Chon888 > 2022-03-17 18:40 | Report Abuse

yewyin33 Thank you for the useful information.

Posted by hng33 > 2022-03-17 18:48 | Report Abuse

Yewyin33

2022
Fed CPO 7,306 mt
Jan CPO. 8,887mt

2021
Dec CPO. 12,243 mt
Nov CPO. 13,529 mt
Oct CPO 13, 867mt

Remark: jtiada under very significant CPO production volume now. Despite, surge in CPO price now to from 4.5k to 6k now, Its next Q profit growth if any will be very modest due to slash in production volume by 50%

Posted by Chon888 > 2022-03-17 19:36 | Report Abuse

Sslee, Sorry. I really quite disagree with your remarks. Actually do you have the data of those foreign funds invested in plantation stocks to support your claims or just guessing? Do you mean to say that those plantation companies not paying dividends or good dividends are considered inferior? How sure are you that they will not pay dividends in future if they have the surplus funds?

Posted by peterong > 2022-03-17 20:23 | Report Abuse

I have just checked bursa announcements.
I would like to make the following clarification.

Year 2022. FFB. CPO
Feb 43,722 mts. 7,306 mts
Jan 52,158 mts. 8,887 mts
Total. 95,880 mts 16,192 mts

Year 2021.
Feb. 46,155 mts. 7,882 mts
Jan 52,732 mts. 9,828 mts
Total. 98,887 mts. 17,710 mts

drop in year 2022 over the same period in year 2021

FFB - 3,007 mts or 3.0%
CPO. - 1,518 mts or 8.6%

Just hope this can give a better picture for everyone.

Thank you n good night

Posted by Chon888 > 2022-03-17 20:24 | Report Abuse

Sslee, Please don't give a bias view on any company, unless you have the solid proof.

Posted by Sslee > 2022-03-17 20:42 | Report Abuse

From Johnzhang comment:
Posted by Johnzhang > Mar 11, 2022 4:13 PM | Report Abuse 

Uncle is very confused of himself . Didn't he repeatedly said the powerful tool to move share price is EARNING ?? Why is he not looking at earning parameters ?
Market cap/ha value doesn't necessary mean the plantation is cheap! The true value of the plantation assets lies on the following factors :
(1) Earning capacity of the plantation land which again highly dependent on soil type/condition, topography, health of the bearing palms etc.
(2) Realisable market value of the land which relate to locality and potential development value

For simplicity, let me just compare the various important parameters of Jtiasa and Bplant which is an average plantation:
Planted area jtiasa : 69,589 ha
Planted area Bplant : 73,500 ha (including non bearing immature area)
Own FFB production Jan -Dec 2021 jtiasa : 727,162 mt
Own FFB production Jan -Dec 2021 Bplant : 923,408 mt
FFB yield/ha jtiasa (727,162/69,589) = 10.45 mt/ha
FFB yield/ha Bplant (923,408/73,500) = 12,56 mt/ha
BPLANT'S YIELD/HA IS 20% HIGHER THAN JTIASA.

Oil extraction rate (OER) Jtiasa : 18.1%
OER Bplant : 21.1%
BPANT'S OER IS 16.6% HIGHER

EPS Jan-Dec 2021 jtiasa : 6.98 sen
EPS Jan-Dec 2021 Bplant : 10.77 sen
BPLANT's EPS is 54.3% HIGHER

Dividend FY2021 jtiasa : 0
Dividend FY 2021 Bplant : 8.35 sen/share

Realisable value for all the land of Bplant in west Malaysia of about 30,000 ha is many times higher than Jtiasa land in the remote area in sarawak. About 10,000 ha of Bplant's land in west malaysia at the fringe of or near towns commands commercial value of $600,000 to $1mil/ha . Half of Malakoff estate in Seberang prai was sold at about $1 per ha a few years ago. in 2021, 680 ha of kulai estate was sold $429mil or $622,000 per ha.
These 10,000 ha of Bplant's land with development value (say value at avg 700,000/ha ) is equivalent to 140,000 ha of poor yielding plantation in the remote sarawak. (poor yielding plantation in sarawak fetch about $50,000/ha ).

My intention is not to promote Bplant over jtiasa. It simply to share the facts for the benefit of investing public. All data presented by me in the above can be easily verified.

Posted by JBond007 > 2022-03-17 20:43 | Report Abuse

Comparison should be based on year to year basis (Feb 22 vs Feb 21, Jan 22 vs Jan 21, Dec 21 vs Dec 20 etc).
Crude Palm Oil (metric tonnes):
7,306 (Feb 22), 8,887 (Jan 22), 12,243 (Dec 21), 13,529 (Nov 21), 13,867 (Oct 21)
7,882 (Feb 21), 9,828 (Jan 21), 11,325 (Dec 20), 12,054 (Nov 20), 14,167 (Oct 20)

Posted by calvintaneng > 2022-03-17 20:46 |

Post removed.Why?

Posted by Sslee > 2022-03-17 20:54 | Report Abuse

MHC and Cepat last quarter EPS 7+ cents most likely by April will annouce the dividend.

Posted by cckiong > 2022-03-17 21:34 | Report Abuse

soon u will a shameless and hopeless uncle say that Jtiasa is hopeless and con many newbies.

Posted by Chon888 > 2022-03-17 21:46 | Report Abuse

cckiong, Please give constructive suggestions but not personal attacks.

Posted by 007007 > 2022-03-17 22:09 | Report Abuse

It's a fact that Jtiasa CPO production fell in a declining trend in Nov, Dec, Jan Feb..... but most importantly is that CPO futures prices are in backwardation .... implying that CPO prices will be falling sharply in coming months.

Posted by calvintaneng > 2022-03-17 22:18 |

Post removed.Why?

Posted by calvintaneng > 2022-03-17 22:20 |

Post removed.Why?

Posted by Chon888 > 2022-03-17 22:21 | Report Abuse

Everything is not finalized yet. All the discussions are assumptions until the March quarter results out sometimes in May 2022.

Posted by calvintaneng > 2022-03-17 22:26 | Report Abuse

Don't be so shortsighted

Invest longer term like Cold Eye or Dr Neoh Soon Kean of Dynaquest

Posted by calvintaneng > 2022-03-17 22:29 |

Post removed.Why?

Posted by calvintaneng > 2022-03-17 22:32 |

Post removed.Why?

Posted by Chon888 > 2022-03-17 22:42 | Report Abuse

Hope more constructive views can be forwarded and shared for the benefits of all the investors in this forum with special reference to Jaya Tiasa. This is a Jaya Tiasa forum. Please do not distract our attentions with other stocks.

Posted by calvintaneng > 2022-03-17 22:44 |

Post removed.Why?

Posted by calvintaneng > 2022-03-17 22:46 | Report Abuse

Jaya Tiasa in time past traded as high as Rm3.35

so expect Jtiasa to reach Rm2.00 and then Rm3.00

when it's 1.9 million acres of forest concession come alive can expect Jtiasa to go up even higher

Posted by StartOfTheBull > 2022-03-17 22:59 | Report Abuse

https://www.agriculture.com/markets/newswire/update-4-indonesia-makes-u-turn-to-replace-palm-oil-export-curbs-with-levy

Posted by Chon888 > 2022-03-17 23:27 | Report Abuse

Calvintaneng, Wah! You work really hard. It's late already. Have a rest. Good night.

Posted by Chon888 > 2022-03-18 06:15 | Report Abuse

StartOfTheBull，Thank you for the information forwarded last night.

Posted by Chon888 > 2022-03-18 06:26 | Report Abuse

Also thanks to all those who have forwarded the articles in this forum.

Posted by firehawk > 2022-03-18 06:50 | Report Abuse

Good or bad news should be heard, shouldn't only the good (so called constructive), thanks for all the input

Posted by Sslee > 2022-03-18 07:12 | Report Abuse

A lot of KYY hater in i3 because of his many U turn in steel stocks and in year 2014 where he promoted till jtiasa above RM 2+ but he himself sold all and leave many of his supportors holding Jtiasa at high price.

My advise is not all in one particular plantation stock but have a bucket of plantation stocks. Plantation earning will be very good for year 2022.

Posted by Sslee > 2022-03-18 07:19 | Report Abuse

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2015-03-02-story71737-My_response_to_comments_Koon_Yew_Yin

Posted by brianklc > 2022-03-18 07:49 | Report Abuse

Wow, based on the above article, he is 89 yrs old now…

Posted by Sslee > 2022-03-18 07:49 | Report Abuse

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2014-02-24-story-h49688252-Jaya_Tiasa_historical_record_cannot_lie_Koon_Yew_Yin

Posted by Chon888 > 2022-03-18 08:00 | Report Abuse

Everyone also must learn in one way or another. Forget about the past and move forward . No one is perfect.

Posted by WilburR2 > 2022-03-18 09:12 | Report Abuse

Even if we take fcpo at rm 4k it is already a no brainer

Posted by WilburR2 > 2022-03-18 09:13 | Report Abuse

only very hopeless co will report losses in the coming qtr

Posted by nicholas99 > 2022-03-18 10:18 | Report Abuse

removal of 30% restriction by indonesia will cause flood of palm oil in the market.

Posted by calvintaneng > 2022-03-18 10:24 |

Post removed.Why?

Posted by LouisLim > 2022-03-18 10:48 | Report Abuse

May I know any link I can see the real time CPO price?

Posted by ocbc > 2022-03-18 11:03 | Report Abuse

https://tradingeconomics.com/commodity/palm-oil

RM$6000 now.

Posted by Chon888 > 2022-03-18 11:04 | Report Abuse

LouisLim, use Google search: Daily Palm Oil price -. MPOC

Posted by Sslee > 2022-03-18 11:07 | Report Abuse

I sold all my bplant in 2018 at RM 1.60+ when bplant overpaid for the Sabah plantation assets. RM750 million for dutaland plantation assets.
I only start trading Bplant in 2020 and decided to hold long term for dividend income in 2021.

Posted by Johnzhang > 2022-03-18 11:08 | Report Abuse

This is 3 month FCPO ie forward May 2022 price.

Spot price was $6,700 yesterday. Most small and mid cap plantation sell on spot month basis .

Posted by ocbc > 32 seconds ago | Report Abuse

https://tradingeconomics.com/commodity/palm-oil

RM$6000 now.

Posted by WilburR2 > 2022-03-18 11:22 | Report Abuse

One should ask what is the production costs of cpo. It is a hard question but rm2k should be good enough? or rm2.5k?

Posted by calvintaneng > 2022-03-18 11:25 |

Post removed.Why?

Posted by yewyin33 > 2022-03-18 11:29 | Report Abuse

I wish to confirm what calvintaneng said about his advice to sell Jaya Tiasa in 2014 at Rm 2.70. In 2014 Jaya Tiasa has only about 55,000 planted hectares and currently JT has about 70,000 hectares. JT is very much undervalued. Based on the current market capitalization it is about Rm 15,000 per hectare or Rm 6,000 per acre. Where can you buy land at Rm 6,000 an acre??? All must read my last 3 articles. A few less informed investors said that whenever I post buy recommendation they should sell. In any case, these small investors cannot push up the price because the daily traded volume is tens of million shares. KYY

Posted by calvintaneng > 2022-03-18 11:30 |

Post removed.Why?

Posted by WilburR2 > 2022-03-18 11:37 | Report Abuse

well done kelvin

Posted by Chon888 > 2022-03-18 11:54 | Report Abuse

You all carry on with the interesting discussions. Let me learn from you all. What I hope is that some of fund managers will notice the value of Jaya Tiasa.