Posted by dompeilee > 2024-08-25 07:59 | Report Abuse

If I hadn't averaged down @ 60c two yrs ago, I would STILL be in paper losses. Thank goodness I did average down, got a chunk of dividends & took the first opportunity to cash out a week after the price went into the black @ $1.50!🤗 Now waiting for paper gain from a much lower level!

Posted by speakup > 2024-08-25 08:48 | Report Abuse

@domp, what price u initially buy Jtiasa?

Posted by Save > 2024-08-26 15:14 | Report Abuse

Palm oil export increased after Anwar visited India!
FCPO report: Malaysian palm oil futures climbed around 1.5% to above MYR 3,920 per tonne, up for the fourth session to notch an over 3-week peak amid strength in Dalian's palm oil contract. Meanwhile, crude oil prices rose for the third session, on mounting fears of a broader conflict in the Middle East. Bets of robust demand from top buyer India continued to buoy sentiment, as the nation braced for a festive season between Sept. and Nov. In the world's largest exporter Indonesia, President-elect Prabowo Subianto hoped to launch mandatory 50% palm oil-based biodiesel blending next year. Meanwhile, Indonesian officials said they plan to raise the blending to 40% in January 2025, from the current 35%. A test for B50 is being carried out. Capping the upside momentum were lower exports in August, marked by fresh data from cargo surveyors. Shipments of Malaysian palm oil products for Aug. 1-25 fell between 14.05% to 14.9% from the same period in July, Intertek Testing Services and AmSpec Agri said.

Posted by SuperA > 2024-08-27 16:59 | Report Abuse

The Lowest PE counter in Plantation sector, only 5.79, Cash Rich now, EPS is 19.00, Really Speechless.
Inno EPS 13, PE11.27,
UMCCA EPS 24.15, PE 21.32,
HSPlant EPS19, PE11.15,
TSH EPS 6.924, PE 16.6,
JPG EPS 7.9, PE 12.16.

Posted by Berlin > 2024-08-27 17:07 | Report Abuse

The tangible numbers are near impeccable but the trust issues are still not dispelled. Will take time and visible efforts by management to bring back serious investors.

Posted by Save > 2024-08-27 22:30 | Report Abuse

FCPO report-Malaysian palm oil futures surged over 1% to above MYR 3,970 per tonne, increasing for the fifth session, its longest rally in six weeks, amid a weaker ringgit and strength in rival oils on the Dalian and CBoT markets. Prices hit a one-month peak, boosted by top exporter Indonesia's plan to raise its biodiesel blending rates as President-elect Prabowo Subianto hoped to launch a mandatory rate of 50% next year. Meantime, the Southern Peninsular Palm Oil Millers Association said output fell around 0.9% during the first 25 days of August. Separately, concerns about adverse weather grew after Malaysia forecasted thunderstorms from Aug. 26 to Sep. 1 in nine of its 16 states. However, weak exports limited the bullish impulse, as cargo surveyors' data noted shipments of Malaysian palm oil products for August. 1-25 sank between 14.05% to 14.9% from the same period in July. Meanwhile, crude oil prices eased after rising in the prior three sessions, due to worries over shaky demand from China.

Posted by investor77 > 2024-08-29 12:52 | Report Abuse

Late in reporting Quarter result However usually Q4 results are good. Most Plantation shares results are out and they quote higher CPO price and increased FFB production during Q2 period of the year. Hope they will declare dividends since company is cash rich.

Posted by Sslee > 2024-08-29 13:47 | Report Abuse

Final collection of Jtiasa shares before quarter ended 30/6/2024 result out.

Posted by Balian de Ibelin > 2024-08-29 17:23 | Report Abuse

followed sslee to buy Jtiasa shares😁

Posted by Sslee > 2024-08-30 07:57 | Report Abuse

Good morning Balian,
Welcome, Jayatiasa result not out yet so today will be the last day to collect before result out.

Posted by Johnchew5 > 2024-08-30 08:39 | Report Abuse

Jtiasa Quarterly Production output :


July-Sept: FFB MT

2019: 425,801 
2020: 326,209 
2021: 195,447 
2022: 263,948
2023 : 359,739
2024 : July 101,601



2023 : July 110,269 : August 120,312 : Sept 129,158

2024 : July 101,601

Posted by Johnchew5 > 2024-08-30 08:47 |

Post removed.Why?

Posted by Sslee > 2024-08-30 09:48 | Report Abuse

Shouldn't Mike-tikus hapilly collecting jaks share?

I am hapilly collecting my jtiasa shares and looking forward to the quarter ended 30/6/2024 result and dividend.

Posted by Ravetidus > 2024-08-30 11:07 | Report Abuse

SOP just declared good results

Posted by hng33 > 2024-08-30 12:35 | Report Abuse

CPO hit above RM 4000

Posted by hng33 > 2024-08-30 12:37 | Report Abuse

Jaya tiasa CPO production also increases more than 30% in latest month

Posted by hng33 > 2024-08-30 13:32 | Report Abuse

Jaya tiasa debt level is at RM 230m, and cash level is RM 270m. Nett off is net cash position.

It is better for Jaya tiasa to clear all debt instead of keep borrowing at interest expense is -RM 14m while interest income from cash holding only RM 6.7m. These is because interest rate cost from debt is higher than cash interest rate.

Management may think to keep cash for more flexibility if need to acquire new assets, but at least jaya tiasa opt to pay half debt from its cash to save net interest cost.

Posted by hng33 > 2024-08-30 14:16 | Report Abuse

Payoff debt and acquire more estate either from Rimbuan sawit or subur tiasa as both sister company failed to deliver due to lack of economic of scale

Posted by hng33 > 2024-08-30 14:17 | Report Abuse

Jaya tiasa in fact is already major shareholders of Rimbuan sawit, control 10% stake

Posted by Save > 2024-08-30 14:45 | Report Abuse

Jtiasa QR will be good, but it may dragged down a bit by loss in logging business like Taann, expect EPS 5sen, Dividend 3 sen
FCPO Report: Malaysian palm oil futures surged over 1% to near MYR 4,000 per tonne, rising for the second day while heading for robust weekly gains amid a weaker ringgit and strength in rival oil prices on the Dalian and the CBoT markets. Meanwhile, concerns about adverse weather and low output mounted after Malaysia forecasted thunderstorms from Aug. 30 to Sep. 5. The contracts are set to end August on a strong note, jumping around 2% after losses in the prior two periods, as top grower Indonesia plans to launch a mandatory 50% palm oil-based biodiesel blending next year following the deforestation rules by the EU. Simultaneously, crude oil prices edged higher due to tight global supply. Capping the bullish notion was caution as key importer India was considering an increase in import tax on vegetable oils, that could reduce demand for palm oil. Meanwhile, China will report official PMI figures for August Saturday, with markets expecting the manufacturing sector to shrink for the fourth month.

Posted by curiousq > 2024-08-30 16:06 | Report Abuse

CPO futures breach 4K again

Posted by newbird33 > 2024-08-30 16:42 | Report Abuse

My guess is 3.5 sen.

Posted by Ethan Invest > 2024-08-30 16:44 | Report Abuse

hopefully EPS 5.5 sen, Dividend 4 sen

Posted by value_seeker > 2024-08-30 16:50 | Report Abuse

If 3.5 cents EPS good?

Posted by speakup > 2024-08-30 16:56 | Report Abuse

think result so so only cos can see insiders no push up

Posted by value_seeker > 2024-08-30 17:09 | Report Abuse

How to know insider not pushing share?

Posted by speakup > 2024-08-30 17:12 | Report Abuse

QR out
Now we know why insiders no push

Posted by Johnchew5 > 2024-08-30 17:13 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-30 17:19 | Report Abuse

Referred to QR ended March 2024 :


a) Financial assets

Trade and other receivables 54,876,000

Cash and bank balances 270,371,000


total = 325,347,000

b) Financial liabilities

Loans and borrowings 242,160,000


Trade and other payables 81,569,000

Lease liabilities -

total = 323,729,000


a) - b ) = 1,618,000

Posted by Pinky > 2024-08-30 17:25 | Report Abuse

hahaahahha conned by calvin again

Posted by Johnchew5 > 2024-08-30 17:30 |

Post removed.Why?

Posted by Balian de Ibelin > 2024-08-30 17:35 | Report Abuse

You win some, you lose some. 😁

Posted by Save > 2024-08-30 17:35 | Report Abuse

HI, SSLee, kindly acknowledge us what happen to PnL of this QR? Below expectation

Posted by hng33 > 2024-08-30 17:43 | Report Abuse

The effective tax rate for the Group is higher than the statutory tax rate of 24%. This is mainly due to certain expenses not allowable for tax deduction.

Posted by hng33 > 2024-08-30 17:44 | Report Abuse

Strong cash flow, enable jtiasa to declare high dividend

Posted by hng33 > 2024-08-30 17:45 | Report Abuse

The Group expects the average crude palm oil price to be supported and positively influenced by
the stable soybean oil prices and anticipated increase in demand of CPO due to higher biodiesel
blending mandate in Indonesia

Posted by hng33 > 2024-08-30 17:51 | Report Abuse

With CPO stand above RM 4000 and production volume increase more than 30%, next Q result certainly will deliver higher EPS and enjoy dividend yield around 6%

Posted by Save > 2 months ago | Report Abuse

Last year 4Q there is a tax refund make it PBT40331 turn to nett profit of 60161? This year 4Q is a reverse play of last year? More tax deduction make the profit lower from PBT 31065 to nett profit of 15617. Therefore, we should look at PBT to compare?

Posted by Save > 2 months ago | Report Abuse

Therefore 2023 4Q EPS should read as 4sen and 2024 4Q should read as 3 sen

Posted by hng33 > 2 months ago | Report Abuse

Agreed to compared PBT fot clearer insight.

Posted by Sslee > 2 months ago | Report Abuse

Look like the cost of sales is high.
Most likely they applied more fertilizer during 1st half of the year.
2nd half will be peak FFB production period and if CPO can hold above RM 3,900 if will be another good year for Jayatiasa.

Posted by s3phiroth > 2 months ago | Report Abuse

lame result is always expected for the 1st half of the year but it is game on time now haha!

Posted by Sslee > 2 months ago | Report Abuse

Net cash flows from operating activities RM 360,029,000
And with Capital Commitments
The amount of commitments for the purchase of property, plant and equipment not provided for in the quarterly report is as follows:
As at As at
30 June 2024 30 June 2023
RM’000 RM’000
Approved and contracted for 8,917 10,925

Can expect more dividend for coming year

12 months ended 12 months ended
30/06/2024 30/06/2023
RM'000 RM'000
Cash Flows from Operating Activities
Profit before taxation 206,593 166,797
Adjustments for:
Impairment of receivables - 112
Depreciation and amortisation 137,706 134,717
Fair value changes in biological assets 0 27,967 10,443
Gain on early termination of leased assets - (41)
Impairment on property, plant and equipment 2,389 2,190 2,389
Interest expenses 17,932 24,503
Interest income (9,035) (4,835)
Net loss/(from) on disposal of property, plant and equipment 10,030 (1,352)
Net unrealised foreign exchange gain (25) (185)
Property, plant and equipment written off 2,556 2,494
Provision for obsolete inventories 864
Operating cash flows before working capital changes 395,914 335,906
Net change in current assets (9,168) 23,479
Net change in current liabilities 5,095 (21,584)
Cash flows from operations 391,841 337,801
Interest received 9,035 4,835
Interest paid (17,932) (24,503)
Income taxes paid, net of refund (22,915) (20,945)
Net cash flows from operating activities 360,029 297,188

Posted by Save > 2 months ago | Report Abuse

Noted thanks. hng33 and SSlee, have to look forward QR

Posted by hng33 > 2 months ago | Report Abuse

The key is strong free cash flow and upcoming big increase in CPO production volume + higher CPO selling price. Dividend is additional bonus for your time to stay invested

Posted by Save > 2 months ago | Report Abuse

Any mentioned of loss in logging business in this QR?

Posted by eugenewong794 > 2 months ago | Report Abuse

If u read closely, paid down debt total 150m+ for FY24, 1 off 50m subsidiary, 40m dividends and taxation of ard 50m extra vs 2023, the FCF for FY24 is almost 300m plus, dividend payout ratio went from 20 to 40%, without all these 1 off expenses, dividends cud easily double, i expect FY25 to be great as management shown to be managing cost well as margins are maintaning

Posted by Johnchew5 > 2 months ago | Report Abuse

Haha Palm oil trees 20 years age is considered old trees … need Replanting latest by 25 years age .

TSH : average Trees age 13.4 years … Jtiasa : average Trees age 14.0 years …


👉 see Public Invest Research on TSH article:


👉Jtiasa :

All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.


👉TSH :

PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield
By Faiqah Kamaruddin
May 21, 2024 @ 11:02am

KUALA LUMPUR: Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield.
The firm said it is reallocating its internal sources to other sectors.


Investors should no longer depend on any of our financial forecasts for TSH Resources in making investment decisions, nor infer any adverse opinion as a result of our decision to cease research coverage," said PublicInvest.

In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.

"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.

Posted by Up_down > 2 months ago | Report Abuse

Dividend payout over PAT has increased to 41% or double of the last 2 years.

Dividend payout:

FY 2024 - 41% (6 cents / share )
FY 2023 - 20% (3.2 cents / share )
FY 2022 - 20% (2.8 cents / share )

Posted by hng33 > 2 months ago | Report Abuse

Recent strength in RM will give great relief for fertiliser import cost in USD