Jtiasa latest Qtr inventories Rm91 Millions (Previous Qtr Rm46 Millions) So Jtiasa apart from current Qtr record FFB over 340 mil tonnes it might also be selling from its stock piles as well So we can expect another 6.9 sen profit more or less
Now Jtiasa dividend policy 20% means (For last 2 qtrs projected profit 15.8 X .2 = 3.16 sen dividend more or less
Only one month more to go for Feb 2024 results and we will know exact figures
FFB production (MT): Dec 23 - 98,939 Nov 23 - 114,287 Oct 23 - 132,551 Total - 345,783
SEP 23 - 129,158 Aug 23 - 120,312 Jul 23 - 110,269 Total - 359,739
Inventories (RM): As at 30 Sep 23 - 91,039 As at 30 Jun 23 - 46,818
There was an dividend announcement of 1.5c on 28 Feb 23. The recent share price surge maybe due to anticipation of an higher dividend announcement at end of next month.
However, how much inventories from previous quarter and production in QR 4 were sold is still unknown until results of QR 4 is released sometime in Feb.
JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan
I bought as low as 62 sen and as high as 87 - I still believe this share is undervalued and I am tempted to buy more. Now the debt is reduced and dividends are being resumed I wouldn’t be surprised if the price ends the year at 1.60. THP is also undervalued, I bought this share around 12 years ago and received quite high dividends for a couple of years before the bonus issue. These cheap plantation stocks are becoming cash cows and are much safer than most banks,property companies and high tech shares.
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
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Posted by calvintaneng > 2024-01-20 17:28 | Report Abuse
Jtiasa latest Qtr inventories Rm91 Millions (Previous Qtr Rm46 Millions)
So Jtiasa apart from current Qtr record FFB over 340 mil tonnes it might also be selling from its stock piles as well
So we can expect another 6.9 sen profit more or less
Now Jtiasa dividend policy 20% means (For last 2 qtrs projected profit 15.8 X .2 = 3.16 sen dividend more or less
Only one month more to go for Feb 2024 results and we will know exact figures
https://www.bursamalaysia.com/bm/trade/trading_resources/listing_directory/company-profile?stock_code=4383