@calvin ; Recalcitrant clown. Can you read or even understand simple English? The directors have stated they do not recommend a final dividend for FY2022. And what long term funds are buying into Jtiasa? EPF has been a net seller of plantation stocks this year including Jtiasa. Stop your desperate gibberish.
no hope for this counter. Your loss will be greater than your keeping on averaging and averaging. Malaysia is not the largest producer of CPO in the world, price can not be determined at your whim and fancy....
If the September harvest maintain as of Aug Level, Jtiasa could generate 60~70 million free cash flow. Jayatiasa current market cap is 470million, That's almost 15% return in one quarter.
Nevertheless, share price is free falling, and market is forward looking.
Jayatiasa in still in net debt position of 330million last quarter, should be denominated in MYR as Annual report FY2021 shows if USD strengthened 5%, will contribute to insignificant improve in profit.
Since India and China is major CPO export market, and MYR seems relatively stable towards both INR and RMB, while USD go up like crazy, would that make China and India reduce import of US soybean?
MrPatience, yes i do agree, China and India might reduce soy oil from US due to currency. CPO demand from the 2 countries should probably remain stable.
A surprise increase of FFB production to slightly above 100,000 metric tonnes it is interesting to watch what are those analysts and 'sifus' going to write about this stock this time .
wunderbar.....smart investors that bought below 50 sen recently is happily counting their gains. sour grapes like donkey Geezer is still shitting all the stocks he bought earlier and loss. serve him right.
Kyy said jtiasa profit will reduce .... hahaha but I think he also know Ukraine sun flower terminal has been destroyed by Russian. European have less sun flower oil to consume , what else they can still buy ? Ans: soybean oil n my lovely palm oil lahhhh . Malaysia boleh boleh
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....
SEE_Research
4,673 posts
Posted by SEE_Research > 2022-09-07 09:48 |
Post removed.Why?