Last year Calvin Tan called for a sell on All O & G and plantation counters due to the impending Flood of Shale Oil into world markets – hammering both Crude Oil & Vegetable Oils.
It was a timely warning indeed! Both Oil & Gas Stocks Plus Palm Oil Related Stocks like Jaya Tiasa crashed 50% to 70%!!
At this time of posting Crude Oil is still in danger of falling due to OPEC’s relentless pumping of Crude in a world Flooded with Mineral Oil.
Why the Bullishness on JTiasa then?
Since Palm Oil is used in Food unlike Crude Oil its Use Is A Growing Necessity!
Our Cooking Oil is derived solely from vegetable & animal oil fats.
We used Palm Oil in ice cream, biscuit, planta, butter, cake icing, cream, pie, chocolates, nutela spread, pizza and a thousand daily food products.
Our teh tarik has zero milk but just plain oil palm substitute.
Our soap and shampoo are also made from Palm Oil while Crude oil is only made into detergent.
So we like it or not Palm Oil will be a staple product as long as human lives exist on planet earth.
And JTiasa has thousands and thousands of Oil Palm Trees now maturing.
THE EL NINO EFFECT
This year China Fishery already gone bankrupt due to the dwindling catch of fish in Peru due to the lack of fish caused by the El Nino phenomenon. And now Soy Bean Harvests Have been hit hard – pushing up Soy OIl Prices & Lifting Up Palm Oil Prices as a result!
As J Tiasa has fallen from its peak by 60% I think it won’t fall another 60% from here.
JTiasa has Rm500 Millions debt. So what? JTiasa has Over Rm1.5 BILLIONS IN ASSETS! And About RM1 BILLIONS ARE LISTED AS BIOLOGICAL ASSETS. THESE ASSETS ARE STILL GROWING & GROWING IN VALUE ALL THE TIME.
So Calvin Tan Research is Calling a Strong Buy on Jaya Tiasa at this Great Bargain Price of Rm1.19.
JTIASA NOW QUALIFY AS A VALUE BUY SELLING AT 30% DISCOUNT TO NTA.
YES! THESE LANDS OF JTIASA WILL BE EVEN MORE VALUABLE WITH THE OPENING UP OF THE PAN BORNEO HIGHWAY
NOTE: WHILE CALVIN TAN RESEARCH IS CALLING FOR A STRONG BUY ON JTIASA CALVIN IS ALSO ISSUING A CONTRARIAN CALL TO SELL FOCUS LUMBER BERHAD.
JTIASA HAS CRASHED BY 60% WHILE FOCUS LUMBER HAS RISEN BY MORE THAN 100%
FROM HERE CALVIN THINKS JTIASA WON’T FALL ANOTHER 60% NOR WILL FOCUS LUMBER GO UP BY ANOTHER 100% AGAIN. SO JUST WATCH CALVIN PREDICTION IN COMING MONTHS AND YEARS