Good news to everyone in Jaya Tiasa forum. I just made a phone call to Its company secretary Madam Ngu and requested her to suggest to the Board of Directors to declare dividends this year. She said she can't make suggestions but will relay my message to the Board. Hopefully Jaya Tiasa can declare dividends this year or some other time. This is not a promise but a good hope. So thanks to the company secretary Madam Ngu once again in our forum. Everyone has a happy day.
I prefer them to do share buy back or par down debt with the money instead of dividend distribution, dividend distribution just follow by share price drops.
with debt down, even the cycle ends, the company will have handsome cash flow and profit.
If the stock price is undervalue, just buy back as much as possible.
Mikecyc, My friend. Why keep dwelling over the past?Let's bygones be bygones. Looking forward to better days ahead of you. Wishing others a better days ahead too.
If this happen, palm oil is far better than oil & gas for long term. China & US can build electric car without using oil & gas. What about aircraft and heavy vehicles?
Commodities sector plays crucial role to recovery. Another interesting article from the Sun 28-03-2022. 9.30 am. Use Google search to read the article if you like.
Even war were to be over, I hope Iceland will continue to make use of palm oil as its major edible oil even though Iceland is a country with a small population. It will have a spill over effect and set a good example for other European countries to follow if Iceland were to do so.
“Over the last few months, Minister of Plantation, Industries and Commodities, Zuraida Kamaruddin has been making numerous trade missions abroad to open new markets for our commoditie." An extract from The Sun 28-03-2022. I just wondered which countries she had covered. Could that be Asian and European countries.? Could Iceland be one of them ?
Zhuge_Liang, May be we forget about that guy or guys. Whether he is PN 17 or Mkc. I can't really know what their true names are! Let us discuss more on the topics of plantation as are in the Jaya Tiasa forum. I just don't expect one day our forum becomes a "Pasar Malam" or worst still become a Ukrainian war zone. As the truth " You reap what you sow" is applicable to everyone inclusive of me. I am not preaching because I am no better than anyone. If I lie the fruits of lie will fall back on me. If I were to talk nonsense or vulgar words against others the consequences will fall back on me too. So let's forgive one another and move forward to better days ahead of all of us.
Zhuge_Liang, If you feel that someone's remarks are not acceptable, then just ignore them. Otherwise, the problems will keep on disbturting you for nothing. Just my opinion. I hope we can move on to more meaningful topics.
war may or may not be over soon, but sanction may not be over. They have missed the replanting season for sunflower and other crops. Edible oil supplies will remain tight at least this year...
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....
calvintaneng
56,561 posts
Posted by calvintaneng > 2022-03-24 11:25 | Report Abuse
Tut Tut paktua
Buy and hold jtiasa till Rm3.00
No need trade everyday