JTIASA: Additional Listing of Shares

Jtiasa

Year 2025 main hidden risks :

1.) what Shl be FY25 Total impairment ???

FY19 :: Net Loss ( RM 275.7 million ) , with impairment of RM 215 million !😱🤔

FY20 :: Net Loss ( RM 73.5 million ) , with impairment of RM 123.1 million !😱🤔

FY21 : Net Profit RM 31.4 million , but impairment of PPE with Total RM 19.9 million !

FY22 : Net Profit RM 135.7 million , but impairment of PPE RM 177.9 million !😱🤔

FY23 : Net Profit RM 153.6 million…. but No impairment .

FY24 : Net Profit RM 140.6 million , but impairment of PPE with Total RM 151.2 million!😱🤔

👉Remarks : Total Impairment is RM 472.1 million from FY2020 to FY2024 , over 5 years .

👉 Remarks: Total Impairment is RM 687.1 million from FY2019 to FY2024 , over 6 years .😱😱😱😱

—
Posted by ta5851 > 24 minutes ago | Report Abuse

High depreciation means lower profit where lower tax because depreciation is considered as expenses but the cash actually is there. It is add back as operations cash flow. But some people don’t understand and keep on spinning. Hopefully someone can kick him out.
Always shit here like his toilet and make everyone who want to read useful info suffer.

1 week ago

Huangbk72

LOL.. same can be said for this deranged Miketikus

Everyone with financial knowledge can see n know, he just Boolshitting with fake facts and figures.... then deleted other people's posts ... 🤣🤣🤣🤫

Posted by jjohnchew > 53 minutes ago | Report Abuse

Hoho forumers shl see n know u all just Boolshittting without facts n figures.. then deleted own posts …🤣🤣🤣🤫

1 week ago

Jtiasa

ROE comparisons :

1.) Jtiasa :
ROE (ROIC: 11.17) 12.59 %

2.) Inno :
ROE (ROIC: 18.39) 18.39 %

3.) Kimloong
ROE (ROIC: 16.4) 17.08 %

4.) Rsawit
ROE (ROIC: 5.73) 7.98 %

5.) SuburTiasa
ROE (ROIC: -1.73) -2.33 %

6.) TSH
ROE (ROIC: 3.95) 4.14 %

7.) Insas ( why Insas is a Value Trap )
ROE (ROIC: 3.57) 3.61 %

8.) Scicom
ROE (ROIC: 24.05) 24.05 %

1 week ago

Hoho no worries… Mr Market always is 6 months ahead …

Kon ss leee how is Jtiasa TA ? As per my post earlier.. did not looks good :

MACD is diving deeper below water level 😱

Stoch RSI : fast line is divergent cross Below slow line 😱

Can TA n FA Guru Kon ss leee brief forumers on Jtiasa TA .. like u said see Yinson 5 waves are coming but did not knew the Waves name is EW !🤣😅🤫

1 week ago

Hoho 1.18 … 1.15 is lower Low le …

1 week ago

Qbuy 1.19 done still got Q buy 1.18, 1.17 and 1.16
According to KYY you should not buy downtrend share so hope to collect some from KYY margin forced selling.

1 week ago

Hoho broke MA200 ke .. recalled is 1.186 …

1 week ago

Today QBuy OSK 1.64 also done. Next Qbuy 1.62

1 week ago

Hoho investing based on FA n TA affirmed with Updated News/ Information .

Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

DecisionS: is changed Upon new information, new facts n figures.

1 week ago

Hoho as usual le … said buy buy buy .. when down said buy buy buy … then twisting n twisting le ..🤣🤣🤣👍

—
Posted by Sslee > 16 minutes ago | Report Abuse

Today QBuy OSK 1.64 also done. Next Qbuy 1.62

1 week ago

Coming quarter I am expecting a dividend of 3 - 5sen from jayatiasa and OSK.

So will buy more on the bear market

1 week ago

Last year my dividend income RM 281,293.30
This year already collected RM 5,000 dividend

1 week ago

Berlin

Once again, smart money swooping in to buy up JTiasa after 4 days of correction. Goes to show, you can't keep a good stock down, value will manifest itself given time.

1 week ago

Hoho u r the most active Negative commentator in TSH le … why Plantation no Good ke …

1 week ago

Price Range : 1.18 - 1.28

Price : 1.25..… VWAP : 1.225
Volume : 6.8267 million..

Price : 1.25..… VWAP : 1.218
Volume : 5.7535 million..

Price : 1.25..… VWAP : 1.201
Volume : 3.9318 million..

Price : 1.21..… VWAP : 1.196
Volume : 3.4329 million..

Price : 1.18 … VWAP : 1.198
Volume : 1.9984 million..

1 week ago

JediMaster1

The Most shameless i3 user have multiple id and 2 is suspended !

Please flag this most shameless user jjohnchew or report i3 to suspend this forumer >>>>

Mikecyc ( Suspended )

Johnchew5 ( Suspended )

jjohnchew ( this user still actively created fake news and amend facts & figures from good to bad and try to misleading other user )

The most Shameless user i ever seen in i3 !

6 days ago

dompeilee

Those who are convinced this is such a good stock, bear in mind that 'good value' can take >5 YEARS to show itself in the price! Witness my Sungei Bagan & Kuchai, that took 10+ years to reflect their full value. And contrasting the size of their revenues & cash flows won't guarantee that this will rise faster. A major holder with nearly 60 mil shrs ever ready to cash out & a deceitful old man which augurs badly for any stock he has ever been involved in[ including THIS ONE in 2014, heralding a 6 to 8-year bear mkt in the price] are going to factor heavily as well. Plus CPO is below 4,200 & is in a strong downtrend...

4 days ago

Repost:
If you bought plantation stocks for land appreciation and not how much FFP they are harvesting and how much earning from FFB and milling then be prepared for the long long wait.

While those holding jayatiasa will enjoy the increase dividend.

The fact
Looking at past 3 years jayatiasa financial highlights when CPO ASP was less than RM 4,000
With current net cash position and current CPO price of above RM 4,000 jayatiasa should be able to reward shareholders with increase dividend pay out from their more than RM 300+ million operating cash flow

FINANCIAL HIGHLIGHTS
FINANCIAL STATISTICS
2024 RM’000
2023 RM’000
2022 RM’000
PERFORMANCE
Revenue 1,015,867 854,952 810,770
Profit Before Taxation 200,256 166,797 200,558
Profit After Taxation 128,966 151,802 134,413
Profit Attributable to Equity Holders 128,867 151,791 134,556
EBITDA 356,544 326,017 382,072
Equity Attributable to Equity Holders 1,472,781 1,379,011 1,270,930

CORPORATE RATIOS
Net Earnings Per Share (sen) 13.31 15.68 13.90
Net Assets Per Share Attributable to Equity Holders (RM)1.52 1.42 1.31
Net Tangible Assets Per Share (RM) 1.52 1.42 1.31
Return on Equity (%) 8.7 11.0 10.6
Return on Total Assets (%) 6.5 7.8 6.5
Gross Dividend (sen) 6.0 3.2 2.8
Gearing Ratio (%) N/A 8 20

4 days ago

By the way that substantial shareholder still has 58,146,264 jayatiasa share to cash out. So no need to chase high just collect slowly on price dip.

Date of Change Type Number of Shares
16-Dec-2024 Disposed 2,000,000
Registered Name Genine Chain Limited
Nature of Interest Direct Interest

Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Disposal through open market
Total no of securities after change
Direct (units) 58,146,264
Direct (%) 6.01
Indirect (units) 0
Indirect (%) 0.00
Total (units) 58,146,264
Total (%) 6.01
Date of Notice 17-Dec-2024

4 days ago

131150927 17/01/2025 Buy 10,000 1.1900
131152086 17/01/2025 Buy 10,000 1.1800

4 days ago

Many people are attacking KYY per se and jayatiasa caught in the crossfire.

4 days ago

Indonesoa palm oil production year
2014- 2023 ( million MT)
29.28
31.07
31.73
34.94
42.88
47.12
44.76
45.12
46.82
46.99

CPO
Average prices for palm oil worldwide from 2014 to 2024(in nominal U.S. dollars per mt)
837
663
736
751
639
601
752
1,131
1,276
886
905

CPO price collapse in year 2018-19 due to Indonesia sudden surge in CPO production.
Since then no new opening of land for palm oil plantation and supply is stagnent hence moving forward CPO price will be more stable at the high end.

4 days ago

Hoho recap :

1.) Replanting cost RM 1.74 billion, short of RM 1.2 billion over next 3 years , ie RM 400 million/ year .

2.) As the FFB Production Output is Reduced n continues Reducing due to some hidden Risks ..

> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Total = 343,397 ( - 19.4 % vs 2019 )

3.) Pulau Bruit is identified suitable for Hybrid Rice cultivation by Sarawak govt on February 2024 .

4.) 10 % to 20 % Mill Utilisation ( 10 % in FY2023 .. expected 20 % on FY24 ) is outsourcing FFB .

Smallholders in Pulau Bruit shl turn Plantations into Sawah Padi as shl be generating Higher Income.

There is Rm 16000 rent/lease land is terminated.. as rental is RM 84 / acre.. illustrated ie 190 acres .

And

Starting 2025 , MPOC shl carry Spot Check on Outsourcing FFB buyers’ weight machine n reports to prevent malpractices as reported by smallholders .

4 days ago

dompeilee

***YaWWNNNN*** Losing out to inferior TSH & JPG 2day...

4 days ago

1.) Replanting cost RM 1.74 billion, short of RM 1.2 billion over next 3 years , ie RM 400 million/ year .

2.) As the FFB Production Output is Reduced n continues Reducing due to some hidden Risks ..

> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Total = 343,397 ( - 19.4 % vs 2019 )

3 days ago

MPOB: DAILY MALAYSIA PRICES OF CRUDE PALM OIL (RM/TONNE)- 2025

2 Jan : 4819
15 Jan : 4632.5
16 Jan : 4619.5
17 Jan : 4568.5

惠誉:明年棕油平均价达3576令吉
2024年12月30日

（吉隆坡30日讯）惠誉评级机构（Fitch）将2025年棕油平均价格预测上修至每吨800美元（约3576令吉），但预计之后价格将滑落至每吨700美元（约3127令吉）。

3 days ago

Hoho Recap on why Indonesia is urgent to implement Biodiesel from B35 to B40 to B50 by 2025-2026 :

1.) EUDR :

Postponement of EUDR's entry into application

The Commission is proposing an amendment to the EUDR that would postpone (a) its date of entry into application from 30 December 2024 to 30 December 2025 (and till 30 June 2026 for small and micro-enterprises) and (b) benchmarking deadline to 30 June 2025.

2.) Indonesia is the world's largest exporter of palm oil. In 2023, its total palm oil exports amounted to 27.5 million metric tons, indicating a slight increase from the previous year.

3.) In 2013, India (29% of exports) and the EU (17% of exports) were the biggest importers of Indonesian palm oil. By 2022, exports to India (12%) and the EU (10%) had declined, and China had become the largest importer of Indonesian palm oil, increasing its market share from 11% of exports in 2013 to 14% in 2022.

> In 2023, Indonesia exported around 4.82 million metric tons of palm oil to China, indicating an increase from the previous year. Indonesia exported a total of approximately 27.5 million metric tons of palm oil in that year.

ie : 17.5 % CPO is exported to China on 2023 .

4.) Indonesia, the world's largest palm oil producer, likely consumed 11.9 million mt, or 26.6% of its total production, of the vegetable oil as a biodiesel feedstock in the marketing year 2022-23 (October-September), according to a US Foreign Agricultural Service report released August 2023.

For MY 2023-24, the agency expects Indonesia's industrial use of its palm oil supply to rise to 12.7 million mt, or 27.6% of its production for the year.

3 days ago

Hoho firstly is not CPO export ban …is UCO ( used cooking oil ) .. the global market Demand is Surge , after China :

中国出口退税新制可能打击棕油需求
2024年11月19日

吉隆坡19日讯）在中国政府决定取消对废弃食用油（UCO）出口退税优惠后，中国的废弃食用油出口可能会大幅下降，这一举措可能连带导致中国对棕油的需求减少。

中国是目前已知的最大废弃食用油出口国，美国和欧盟是其主要买家之一。

任何对贸易流动的显著干扰，都可能推高生产生物燃料所需原材料的价格。

中信证券在周一的一份报告中表示，随着出口退税的取消，中国废弃食用油出口的价格优势将减弱，预计出口量将从高位回落。

👉Secondly China Demand for CPO shl be Lower ..

Indonesia curbs exports of used cooking oil, palm residue to help domestic users
By Bernadette Christina / Reuters
08 Jan 2025, 04:08 pm

3 days ago

Hoho n those Kon Lee , Serba story teller Buy what u Not understand..😅

—

Posted by Sslee > 8 minutes ago | Report Abuse

Many people are attacking KYY per se and jayatiasa caught in the crossfire.

3 days ago

Hoho what Shl Indonesia do with its CPO where as Demand is reducing… Biodiesel…

Hoho but how Indonesia can get Funds to subsidise Biodiesel….

3 days ago

Hoho Serba story teller buy what u Not understand telegram group ke … why nowadays shy to post in public forum ( as he posted in Yinson ) …

—-
Posted by value_invest > 1 minute ago | Report Abuse

Learning in one of the telegram investment group buying and accumulating.
it as safe and conservative investment.

3 days ago

Jtiasa

Dividend:

FY11 : 6 sen ( Profit 146.92 million)

FY12 : 5.2 sen ( Profit 97.08 million)

FY13 : 1 sen ( Profit 87.54 million)

FY14 : 1.5 sen
FY15 : 1 sen
FY16 : 1.3 sen
FY17 : 0.5 sen
FY18 : 0.5 sen
FY19 : Nil
FY20 : Nil
FY21 : Nil

FY22 : 2.8 sen ( Profit 135.74 million)

FY23 : 3.2 sen ( Profit 153.64 million)

FY24 : 6 sen ( Profit 140.63 million)

3 days ago

MrFox

jjohnchew@@
what is your paper loss in jaks?

3 days ago

Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2021 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.135 with NTA 0.60 )….

Ssleee asked me did I average down Jaks :

My reply :

1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .

2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!

Just coincidentally :
Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) .
Friday, 05 Jul 2024

3 days ago

Hoho copied from Yinson:

Hoho interesting…kon Ss leee had u check my queue buy JAKS price during u said queue buy INSAS WC at RM 0.225 , today price RM 0.14 …

3 days ago

The story of Jtiasa

In year 2014 Calvin first heard of Jtiasa from Uncle Kyy

He promoted Jtiasa at Rm2.40 with lots of noise, hooha and fanfare

Then i saw shale oil emanating from USA hammering crude oil

I warned Uncle Kyy to sell Jtiasa

He sold Jtiasa like no tomorrow
And Jtiasa crashed from Rm2.60 to Rm1.10

Uncle Kyy then disappeared from i3 for 8 months

Now we are facing Trump

"Drill. Baby drill"

This will impact crude oil and then bring down biofuel and will cause pure palm oil upstream like Jtiasa to go lower

President Prabowo B40 will give some support hopefully and Cpo might sustain at Rm3500

We suggest when jtiasa results next month should be still ok due to Oct - Dec 2024 time lag results and left over cpo inventories. Unsuspecting last tail bull might chase. Take opportunity to sell

And go buy downstream like Fgv. Tsh also got mills, refinery and asset play in high value lands

See

https://youtu.be/xSfg0qTBCHQ?si=I-C8FkWIsGyrL_cq

2 days ago

To fully understand

See

👇

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-02-22-story-h-188275986-WHY_WHEN_CPO_PRICES_ARE_HIGH_UPSTREAM_PALM_OIL_PLANTERS_WILL_DO_FAR_BET?_gl=1*1rpvh4g*_ga*MjQzMzEyNDgyLjE3MTMzODg5OTg.*_ga_MNBHX2J50S*MTcxMzM4ODk5OC4xLjEuMTcxMzM4OTYxMy41NS4wLjA.

2 days ago

Did you know what is the profit of TSH JV refinery?

2 days ago

In term of FFB production and Milling profitability jayatiasa is very much superior than TSH.

Moreover Indonesia is taxing plantation CPO/PK and refinery Refined Palm oil and derivaties with levy and export tax to support the local biodiesel.

You can read TSH report to find out how much levy and export tax TSH paid.

2 days ago

https://katadataku.com/indo-export-duty/duty-2025/

2 days ago

If CPO price going down both TSH and Jayatiasa profitability will go down also.

Hence it is unethical to make a sell call on Jayatiasa and buy TSH when Jayatiasa balance sheet, FFB production and past 3 financial years result is superior than TSH

Repost:
If you bought plantation stocks for land appreciation and not how much FFP they are harvesting and how much earning from FFB and milling then be prepared for the long long wait.

While those holding jayatiasa will enjoy the increase dividend.

The fact
Looking at past 3 years jayatiasa financial highlights when CPO ASP was less than RM 4,000
With current net cash position and current CPO price of above RM 4,000 jayatiasa should be able to reward shareholders with increase dividend pay out from their more than RM 300+ million operating cash flow

FINANCIAL HIGHLIGHTS
FINANCIAL STATISTICS
2024 RM’000
2023 RM’000
2022 RM’000
PERFORMANCE
Revenue 1,015,867 854,952 810,770
Profit Before Taxation 200,256 166,797 200,558
Profit After Taxation 128,966 151,802 134,413
Profit Attributable to Equity Holders 128,867 151,791 134,556
EBITDA 356,544 326,017 382,072
Equity Attributable to Equity Holders 1,472,781 1,379,011 1,270,930

CORPORATE RATIOS
Net Earnings Per Share (sen) 13.31 15.68 13.90
Net Assets Per Share Attributable to Equity Holders (RM)1.52 1.42 1.31
Net Tangible Assets Per Share (RM) 1.52 1.42 1.31
Return on Equity (%) 8.7 11.0 10.6
Return on Total Assets (%) 6.5 7.8 6.5
Gross Dividend (sen) 6.0 3.2 2.8
Gearing Ratio (%) N/A 8 20

2 days ago

I warned Uncle Kyy to sell Jtiasa
He sold Jtiasa like no tomorrow
And Jtiasa crashed from Rm2.60 to Rm1.10

By the way your above action is robbing the poor to enrich the rich.
Shame on you.

2 days ago

SSLee

I have been true to all convictions

Otb and you think Tsh's land assets are not important

That was why can miss Bplant

Now these are for truth sake not helping who and who?

Unfortunately Uncle Kyy now turn bullish again on Jtiasa when "deja vu" is recurring like shale oil 10 years ago

Now all must find the truth
The ultimate is

If we are right
Then we have taken a safe course

For all we know Trump2 still unraveling

So all please stay safe

2 days ago

Must thank Ms Ngu, Secretary of Jtiasa

She might be watching

I still love Jtiasa

After Trump2 reign over Crude oil will ultimately rebound

And palm oil upstream will do well again

So the cycles continue

Supermax was a great success in year 2020

After that it muddled and wallowed under glut, China factor and low prices

Now 2025 got game changer

Stanley gave hint
SBB2,888,000

Trump2 gave welcome
For Supermax built its first glove factory on US soil

So we must invest in a cyclical at bottom (in this case buy Jtiasa at 63 sen when Danny123 and Skoh888 condemned like mad)

And certainly avoid chasing when 🔥

Always be a contrarian to succeed

2 days ago

USA was a net importer of oil and gas a decade ago.
Now USA is one of the biggest exporter of oil and gas.
So do you think Trump is so charitable to want a lower price of oil and gas to benefit the world?

2 days ago

Posted by jjohnchew > 3 hours ago | Report Abuse

President Trump says he will declare a "national energy emergency" as one of his first acts as president, pledging to support the domestic production of fossil fuels.

"We will drill, baby, drill," he said during his inauguration speech. "We will be a rich nation again and it is the liquid gold under our feet that will help us do it."

2 days ago

AlphaAdventurer

Trump wants to increase oil and gas production to reduce the cost of gasoline / petrol and indirectly encourage people to choose petrol cars instead of electric cars (because China has the largest market share for electric cars)

8 hours ago