The BEST timing to pick and invest in a plantation stocks is when The company has gone through the EXPANSION AND PLANTING stage. During this stage, BILLIONS was spent and interest was incurred. Not only that, it is best after 7 years of the expansion stage, only the Palm trees bear Fruits and Debts is paid off. In whole bursa, ONLY Jtiase meet this criteria and it is NOW in this timing to INVEST in Jtiasa. Soon Jtiasa will start to pay more and more dividends with almost RM 400 mil cash flow every years without further capex needed as 93 % of the land have been planted with tree age 7 to 14 yrs. INNO and KIM Long were good example if those had invested when both of them at the after 6 - 7 after the CAPEX stage..
No body can predict the short term price movement due to speculative factors involved.
In the longer term, fundamental, earning and profit, will definitely determine the price.
Fundamentally, As compared to jtiasa, rsawit has very weak fundamental, cash in bank only couple millions, debt almost 400mil, cash flow is negative which can’t even support further capex. More, company is facing LHDN tax suit case of Rm58mil. Thus, the company need more fresh cash to survive by selling plantation lands lately. Going forward, Rsawit still need more cash for future capex and times I order to turn around. Expecting the company will be in challenging situation coming yrs.
Genuine longer term Market investors, cold eye, are smart enough to pick jtisa over Rsawit, which punters and traders will trade Rsawit due to good CPO price sentiments.
When water tide goes off, u can see whose is naked.
is this a sailang stock?? i dont know...but food for thought...if given a choice for you to sailang in one stock only...and there are two options...maybank or google???
i dont know man...but if feds really cut rate this next half of the year..the stocks in usa will go up..so its more attractive over there than here..here so far..dont see any foreign funds buying local palm oil stock yet even though price has increased..i am sure they know the numbers well too..think they are waiting for the wait and see ...
pohkong already moving today...lol..this one..hkie still selling ...can clearly see the time line..as of my writing..i can clearly see the selldown at rm1.38 separated by 17 different transactions..the 17 transactions are done in batches of 3 with each batch being sold at the exact same time up to the same second of different volume...LOL..even a 5 year old kid can see it..
Undervalued can stay down for weeks & months, with sindikets almost absent after long years of attrition & virtually no newbies in the mkt since many of them were hammered during the covid FAKE bull mkt in '20-'21. Jtiasa is already receding into the rearview mirror with the price already reflecting fundamentals largely via a 100+% price appreciation in the last year, pressured by unknown 10-67 mil shr SELLING intention broadcast by sneaky Hongkie. Mkt had shifted to Gold plays last week & is now shifting attention to distorted undervaluation plays like Naim & MUI Properties.
qs, how does bank issue call warrant to bet against a stock ? and how does it play out? as for me i dun like property and constructions stocks, too project relaint, no MOAT, big capex, hard to predict profitibility as too many factors like work delays or rise in material cost, its almost similar to Oil and gas but at least i can watch oil prices to give me an indication
Jayatiasa Market Cap: 1,344 Million NOSH: 974 Million Fresh Fruits Bunches (MT) quarter end 31th March 2024: 216,825.00 FFB Y to Y increse 14% But Q to Q drop 37% highest drop among all the others plantation
Sarawak oil palm Market Cap: 2,788 Million NOSH: 891 Million Fresh Fruits Bunches (MT) quarter end 31th March 2024: 286,086.30 FFB Y to Y increse 9.72% Q to Q drop 17.95 %
64 million more tickets to GOOOOoooo...📉 They can't dump all at once(price would crash to below 80c) so the water torture is likely to be prolonged: selling dries up as price edges lower & ramps up if price jumps up!😁
When you invest in Jayatiasa, whats your expectation? 20% gain in a month? 50% gain in a year? 100% gain within 3 year? Or hold until fundamental deteriorates?
Different expectation will affect the way you react to the price swing.
Do yourselves a favour & stop overestimating the calibre of local players: most are hit & run perennial losers like pang72 & paktua73...long-term for these ppl is holding over the weekend🤣 That's why every Friday, most pennies are down. In battle of attrition situations like Naim, Tenaga, General Electric, PohKong & even this stock, they give up & panic like the kancheong spiders most local investors are...that's why this country cannot produce an Olympic champion. Turn the psychological heat up & these 3rd world 'investors' will WILT...
mamakspecial is a cheong site?? what is cheong ?? i still virgin le..dont understand what you mean..no money no honey le in this materialistic world...
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
56,702 posts
Posted by calvintaneng > 2024-04-07 16:48 | Report Abuse
I remember when Jtiasa was 65 sen when people also bad mouthed management and Jtiasa poor track record then
Many of these missed Jtiasa's subsequent rally while some who owns Jtiasa also sold early and left
But Jtiasa now up by over 100% and those unbelievers only got themselves to blame
Just hold as Jtiasa should rise much higher back to it's golden days of over Rm9.00.
if not Rm9 at the very least it should reach Rm2 to Rm3 first