Posted by Up_down > 2023-03-05 14:42 | Report Abuse

JTIASA is the cheapest market cap among the plantation companies. Market cap MYR 10k per planted hectare remains undemanding. Most of the plantation companies are traded more than MYR 20k

Posted by Up_down > 2023-03-05 14:58 | Report Abuse

Huge reduction in borrowing in last 12 months. Rerating on the way.

Posted by WilburR2 > 2023-03-05 17:00 | Report Abuse

Welcome all critics turned cheer ppl. Watch for the golden cross

Posted by WilburR2 > 2023-03-05 17:01 | Report Abuse

80, 90 huh? good

Posted by Up_down > 2023-03-05 19:09 | Report Abuse

Jtiasa will go out of wood in high gearing plantation group (NPC, Rsawit, TDM, THplant & GLBhd) traded at market cap MYR 10k/planted hectare. Upgrading to low gearing group is imminent to reflect great improvement in its financial position.

Posted by Berlin > 2023-03-06 07:21 | Report Abuse

With 1H2023 net profit of 8.5 sen per share paving the way for an interim dividend 1.5 sen, similar results for 2H2023 can encourage the directors to pay a final dividend 0f 3.0 sen. A total payout of 4.5 sen or 30% of net profit fy2023 is not excessive and goes a long way to mollify long suffering minority shareholders. The share price can breach and hold above RM1 then.

Posted by WilburR2 > 2023-03-06 07:37 | Report Abuse

Rm 1 should be no problem, lol

Posted by Sslee > 2023-03-06 08:58 | Report Abuse

In 2018 Bplant paid RM 750 million in acquisition of 11, 500 hectares unproductive duta land plantation.

Jayatiasa
Market Cap: 716 Million
NOSH: 974 Million
Avg Volume (4 weeks): 4,528,605
4 Weeks Range: 0.61 - 0.74
4 Weeks Price Volatility (%):
99.32%
52 Weeks Range: 0.47 - 1.25
52 Weeks Price Volatility (%):
58.80%
Average Price Target: 1.32
Price Target Upside/Downside: +0.585

Posted by Sslee > 2023-03-06 09:03 | Report Abuse

No. Plantation Land Area (Ha): Planted Area (Ha)
1 Simalau 5,003: 4,866
2 Hariyama 10,600: 9,645
3 Wealth Houses 6,000: 5,757
4 Lepah 5,149: 4,099
5 Daro Jaya 11,681: 9,841
6 Lassa 21,300 :16,287
7 Eastern Eden 10,000 :8,580
8 Sawai 6,050: 5,448
9 Kabang 2,700: 2,133
10 Poh Zhen 5,000: 2,933
Total 83,483: 69,589

Out of a total planted land bank of 69,589 hectares, 97%
of our palm trees are in their prime with a weighted
average palm age of 13 years old. About 3% are young
mature palms with an increasing yield

Posted by BobAxelrod33 > 2023-03-06 09:03 | Report Abuse

Ruuunnn

Posted by Sslee > 2023-03-06 09:12 | Report Abuse

Bob,
I am thinking of switching CMSB to Drbhcom.
What your opinion?

Posted by BobAxelrod33 > 2023-03-06 09:19 | Report Abuse

LOL...sifu Sslee, you the man mah. We don't like CMSB as mention earlier not because KYY made Buy call. Construction and building materials are far from recovery, more so East Msia owned PLC...ahem!

Drb has interesting things lined up by Syed and EV potential....but need to find good entry price and hold for full gains.

Please do your own due diligence before investing.

P/S Not a Buy call.

Posted by Sslee > 2023-03-06 09:21 | Report Abuse

Thanks Bob for the advise.

Posted by BobAxelrod33 > 2023-03-06 09:22 | Report Abuse

Sama sama, sifu Sslee

Posted by calvintaneng > 2023-03-06 10:17 | Report Abuse

https://www.youtube.com/watch?v=um91iJoZ8b0

Posted by CAWALLUK > 2023-03-07 07:33 | Report Abuse

Topped up with another 30,000 today ... the impressive reduction in debt should bode well for future dividends.

Posted by Up_down > 2023-03-07 11:48 | Report Abuse

Testing time. Getting rid of short term traders.

Posted by BobAxelrod > 2023-03-07 12:31 | Report Abuse

Sslee, JT and CMSB mana mau pigi???

Drb naik saja....easy peasy.

Posted by Fabien _the efficient capital allocator > 2023-03-07 22:46 | Report Abuse

As Calvin pointed out, the new senior management has done very well. the company's financial health has improved considerably. they have been FCF positive for many years

Posted by Up_down > 2023-03-08 07:59 | Report Abuse

Jtiasa quarterly FFB production yield (annualised) per hectare was maintained slight above 16 tonnes at least from beginning 2018 until 2nd quarter 2020. The yield has slid to 10.5 tonnes in 2 years time until 1st quarter 2022. Most probably due to lack of money to buy fertilizer and shortage of labour while the CPO prices hitting low level during covid period. Now, the yield has been going up gradually to 12.5 tonnes while the company made a good profits for year 2022. Expect the FFB yield will be returned to 16 tonnes level within 24 months.

Posted by Up_down > 2023-03-09 15:20 | Report Abuse

Jtiasa will turn into a net cash company within 9 months. The Company would save at least MYR 20 million/ year interest payment. Besides profit itself, Non cash flow item Depreciation provides cash inflow around MYR 130 million/year. Low capex is another plus point. See how it goes 9 months later.

Posted by blueblues > 2023-03-09 18:17 | Report Abuse

So now is still ok to buy a little to keep for at least 9 months correct?

Posted by Up_down > 2023-03-09 21:04 | Report Abuse

Blueblues. What I meant is let us see whether Jtiasa would turn into a net cash company after 9 months.

Posted by speakup > 2023-03-09 21:26 | Report Abuse

Jaya Tiasa and Subur Tiasa own by same ppl?

Posted by Up_down > 2023-03-10 13:08 | Report Abuse

Jtiasa left the debt-laden niche plantation club (FGV, NPC, Rsawit, TDM, ThPlnt & Subur). The company is marching back to the healthy balance sheet Sarawak plantation club ( SOP, SwkPlnt & TAAn )

Posted by calvintaneng > 2023-03-11 20:21 | Report Abuse

Speakup

Jtiasa and Subur Tiasa both owned by the same boss but with 2 different groups of managements

Posted by speakup > 2023-03-11 20:58 | Report Abuse

Which better Jaya or Subur Tiasa?

Posted by mf > 2023-03-11 21:39 | Report Abuse

Dow Jones

Dow Jones Industrial Average

31,909.64

-345.22

1.07%

Nasdaq

NASDAQ Composite

11,138.88

-199.46

1.75%

Posted by calvintaneng > 2023-03-11 23:17 |

Post removed.Why?

Posted by speakup > 2023-03-13 09:13 | Report Abuse

Buying opportunity!!!!!!!!

Posted by speakup > 2023-03-13 09:14 | Report Abuse

Pre Ramadan discount mari

Posted by speakup > 2023-03-13 09:43 | Report Abuse

Bought 50% of targeted amount
Waiting to buy another 50% cheaper

Posted by Up_down > 2023-03-13 10:58 | Report Abuse

Replanting costs are between RM 20k to 30k now.
https://www.thevibes.com/articles/business/87605/one-third-of-sabahs-oil-palm-trees-old-prompting-call-for-mass-replanting

Posted by speakup > 2023-03-13 12:00 | Report Abuse

Today last day to buy for dividend

Posted by Up_down > 2023-03-13 13:42 | Report Abuse

Now, Jtiasa is traded at market cap MYR 9.6k/ planted hectare. Both SOP & SwkPlnt are fetched at MYR 27k/ planted hectare ( excluding old trees ) whilst TAAN is hovering around MY 30k/ planted hectare.

Posted by Alwinb > 2023-03-13 15:46 | Report Abuse

Jtiasa basically rented the plantation land while the rest owns the plantation land hence the discount

Posted by Up_down > 2023-03-13 16:03 | Report Abuse

Just browsed the lands ownership of Jtiasa, SOP, SwkPlnt and TAAN. More than 90% of their palm oil land is under leasehold.

Posted by Qwertyuiop > 2023-03-13 22:56 | Report Abuse

The supercycle of Plantation/Jtiasa is coming, change your chart timeframe to monthly, you'll see a bigger picture, strong earning visibility, strong management, now just wait buaya to push to moon.

Posted by VincentTang > 2023-03-14 15:19 | Report Abuse

Palm oil price drop drop below 4000 now, sell Jtiasa.

Posted by Up_down > 2023-03-15 17:51 | Report Abuse

Back to the price 70 cents before ex dividend. I thought the big players would have dumped until 64 cents this morning for us to pick up at market cap MYR 9k/ planted hectare.

Posted by calvintaneng > 2023-03-15 18:24 |

Post removed.Why?

Posted by calvintaneng > 2023-03-15 18:40 |

Post removed.Why?

Posted by Income > 2023-03-16 04:29 | Report Abuse

Bitcoin is better

Posted by VincentTang > 2023-03-16 09:03 | Report Abuse

Palm oil price gap down to just 3915. Sell Jtiasa.

Posted by Up_down > 2023-03-16 09:43 | Report Abuse

If I were the big players, I might create more volitality to squeezed more short term traders. How can let them enjoy easy money so much. Hahaha

Posted by nicholas99 > 2023-03-16 09:45 | Report Abuse

all market red. what big players. lmao. sendiri play?

Posted by Up_down > 2023-03-16 11:11 | Report Abuse

Without the involvement of big players actively to lead the market , volume and price are certainly dull alike dead water. Don't expect them to defy the movement of the whole market trend in short term. Many people can lead to price movement in short term (1 day to week). Syndicate is needed to lead the price in the longer period as they have more funds to do the job.

Posted by Up_down > 2023-03-16 12:10 | Report Abuse

Don't expect fast money from Jtiasa like what had happened last year, a sudden super bullish CPO price rally turbo charging to boost the price. Therfore, It could take 6 months to 12 months to see results of rerating.

Posted by speakup > 2023-03-16 12:44 | Report Abuse

What's the hurry?

Posted by calvintaneng > 2023-03-16 22:14 |

Post removed.Why?