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JAYA TIASA HOLDINGS BHDJAYA TIASA HOLDINGS BHDJAYA TIASA HOLDINGS BHD

JAYA TIASA HOLDINGS BHD

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JTIASA trade ideas

JTIASA: Just Like Any Other Plantation CountersEarlier last month I shared on RSAWIT , one of my favorite counter that gave me 100% return last year. The fact that the plantation business are mostly depending on commodity price (in this case CPO), you can't deny to also look at how is the FCPO going now. The good thing at this point of time is that FCPO has already broke the downtrendline signalling for an uptrend move. Higher price means more profit. Let's look at JTIASA fundamentally: - EPS:Rubbish - ROE:Rubbish - PE Ratio: Rubbish - NTA: 1.25 (Undervalue) - Shareholder, well a lot of recent shareholder disposed their shares..so.. - Financially, Q1 shows positive return possibly from higher CPO price in early Jan 2020. Can it maintain positive next quarter? - To summarize, its not a good fundamental company so i would personally not go for long term. Short term just suffice. Just like the rest of the news for plantation...let's follow through the news for CPO Few recent news and its implication: - Q4 2019: CPO gain its momentum and went to 3k - Jan 6, 2020: FGV units to explore investment in Pakistan Port: up to 25% stake in Fauji Akbar Portia Marine Terminals Ltd ( FAP ). This is good especially Pakistan is our 3rd biggest importer of CPO . We have more control to the port. - Jan 13, 2020: India urges boycott of Malaysian palm oil after diplomatic row. Resultant to that, FCPO drops to now. Note that India is our major CPO importer. - 10 May 2020: rumor that India will buy back our CPO . Its just a rumor... but most plantation counters were already make a move. - 19 May 2020: India announce will continue to buy our CPO . That means only one.. UP! - 22 May 2020: Statement from MPOB indicating that CPO will further move up. This will obviously impacting the revenue of plantation counters. OPPORTUNITY! - CPO potentially will be traded at RM2.3k-2.4k in a few month. This is due to good malaysia-india diplomatic relation thanks for TSMY.
MYX:JTIASALong
by mahsyarsaid
Clear path ahead?The weekly chart shows a trend reversal and since breaking the EMA200 barrier and closing above it since early Nov 19, JTIASA started the day with a gap up following the positive sentiments from a profitable quarter and the recovery from a consecutive 3 Q's losses. Fundamentally, EPS is now positive after 3 negatives from previous QR's. Golden cross was achieved today, broke the 0.685 resistance confirming the cup shape, let us now wait for the handle to be formed.
MYX:JTIASALong
by tct_kebaboom