Wednesday, March 24, 2010
JTiasa's Explanatory Notes really explain clearly...
Reading the notes to the accounts has always be a challenging task. To find out why the performance has changed on a y-o-y basis or q-o-q basis would require many reading & toggling between the different documents. Today, I have come across a notes to the accounts that should be a model for others to follow. Below is the Explanatory Notes to JTiasa's accounts for QE31/1/2010 which give the reasons for the changes in its financial performance, in clear & concise manner. Let's hope other companies will follow suit & make life easier for analysts & investors who relay on these reports for their decision-making.
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4 comments:
dear alex,
Beside clear note, wat is ur opinion on Jtiasa? Is it changing into KLK no2 as their palm oil planted n mature area become more n more?
Hi Alex,
Is IJM a good stock to choose at this moment ?
Hi mantin,
I don't think that JTiasa's oil palm estates can rival the giant plantation players, like IOI or KLK. JTiasa's plantation division generated a turnover of RM60 million for 9-month ended 31/1/2010, while IOI & KLK's turnover for QE31/12/2009 were RM3.06 billion & RM1.75 billion, respectively.
Hi Cheer,
IJM has been consolidating in a flag formation. An upside breakout at RM2.80 could signal the continuation of the prior uptrend.
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