Highlights
KLSE: SHCHAN (4316)       SIN HENG CHAN (MALAYSIA) BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
0.585   0.00 (0.00%)  0.00 - 0.00  0
Analyze this stock with MQ Trader system

Overview

Market Cap: 149 Million
NOSH: 255 Million
Avg Volume (4 weeks):388,122
4 Weeks Range:0.565 - 0.66
4 Weeks Price Volatility (%):
88.64%
52 Weeks Range:0.34 - 0.85
52 Weeks Price Volatility (%):
68.82%
Average Price Target: 1.34
Price Target Upside/Downside: +0.755

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  25-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  26-Nov-2021
T4Q P/E | EY: 1.43  |  69.77%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.0336  |  0.57
T4Q NP Margin | ROE: 237.39%  |  39.48%

Headlines

Date Subject
24-Mar-2021 Mplus Market Pulse - 24 Mar 2021
24-Mar-2021 PublicInvest Research Headlines - 24 Mar 2021

Business Background

Sin Heng Chan (Malaysia) Bhd is an agri-based group of companies engaged in oil palm plantation related activities. The company owns a plantation landbank in Sarawak. It also holds three parcels of land in Melaka for investment purposes. The company’s operating segments consist of Plantation, Plantation management fees, Investment holding, and Others. Maximum revenue is generated from the plantation segment.
Trade this stock for as low as 0.05% brokerage. Find out more.

  2 people like this.
 
Nathan27 https://tradingeconomics.com/commodity/palm-oil
19/03/2021 9:51 AM
goody99 Just for fun, is it true that the all time high for this stock is RM60?

Anyway, congratulations to those who own this stock :)
19/03/2021 10:35 AM
Zamrijin I will sell rm1.5

I still hv 35k
All free share

This stocks cornered already
19/03/2021 1:23 PM
gemfinder Tq tq. Bought in 0.675. Sold 0.79
19/03/2021 1:44 PM
DreamEmperor Post removed. Why?
19/03/2021 1:44 PM
DreamEmperor Post removed. Why?
19/03/2021 1:45 PM
DreamEmperor Post removed. Why?
19/03/2021 1:45 PM
DreamEmperor Post removed. Why?
19/03/2021 1:45 PM
DreamEmperor Post removed. Why?
19/03/2021 1:45 PM
DreamEmperor Post removed. Why?
19/03/2021 1:45 PM
vanbasten9 I sell at 99 sen
23/03/2021 9:35 AM
Jimmy Lim tengah bincang plan tapak bina
23/03/2021 1:11 PM
The St. Goreng This counter have huge potential. Even better than GFM.
Might even change name to TUNAS BHD. lol
23/03/2021 9:07 PM
XxxxXzz No rm2 I don't wan sell, business expanding
26/03/2021 12:06 AM
satha44 Lumber prices at all time high.....
Palm oil prices at multiple year high
12/04/2021 12:28 AM
satha44 Game to start soon....1st target RM1
18/04/2021 5:11 PM
The St. Goreng SHCHAN still lagging among peers.
04/05/2021 9:26 AM
SEE_Research SH CHAN / 4316

GOOD NEWS

SEE_ Research shall issue a special technical buy in the KLSE i3 Blog ,
9 May 2021 ,

for investors to issue strong buying orders , with potential immediate target price
RM 1.06 to RM1.20 , full report with the correct link shall include here , later .
09/05/2021 12:15 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-09-story-h1564351189-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_10_updated_number_6_K.jsp
09/05/2021 1:17 PM
SEE_Research SEE_Research

Author: SEE_Research | Latest post: Sun, 9 May 2021, 12:21 PM |



NOW SHOWING :
THE TRILOGY OF FAST & FURIOUS SHOW Part 10
( updated number : 6 ) / KSSC -5192 /

SH CHAN -4316

Predicting KLSE market uptrends
on Technical Chart for trading buy --
(AAA)S H Chan /4316
Target Price RM1.06 to RM1.20



=========================================================================

(BBB )KSSC / 5192

Target Price RM 1.10 to RM1.20

========================================================================

(CCC) ALCOM/2674

Target Price : RM 1.50

=========================================================================

on metal--- iron ,aluminium stocks ( UPDATED NUMBER : 6 )




SUMMARY



F O C U S



F = FOLLOW


O = ONE



C = COURSE



U = UNTIL



S = SUCCESSFUL

===========================================================================SPECIAL TECHNICAL CHART FOR TRADING BUY for 10 May 2021 onwards

(AAA) S H Chan /4316

This stock is in Plantation sector ,

whereby the crude palm oil (CPO ) , has climbed to a high level on 6 May 2021 , RM 4,680.00 per tonne.

and some high level of focus will be directed to crude palm oil stocks.

SH Chan is the proxy of this palm oil stock right now.



This stock , with improving RSI, MACD indicators ,

has managed to breakout at RM 0.75 with

high volume done 1,053 lots on 7 May 2021,

next immediate resistance -RM 0.82 done in 19 March 2021/ volume done 3,409 lots ,

having done 1,053 lots on 7 May 2021 , it has gather and accumulated positive momentum to charge

with ease and can overcome the current high RM 0.82 ,

this time on 10 May 2021 .

The past few trading days are very low ,averaging 80 lots to 100 lots per day

( 1 lot = 1,000 shares )



Potentially, for this coming week ,starting from 10 May 2021 ,

Target Price : RM 1.06 to RM1.20 level





Failure to hold on to the immediate support level of RM 0.64 ,

may indicate weakness in the share price and hence is a cut loss signal,

the last stop loss is at RM 0.60 and has to exit.
09/05/2021 1:23 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-09-story-h1564350292-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_10_updated_number_5_o.jsp
09/05/2021 1:38 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-09-story-h1564998750-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_10_updated_number_7_W.jsp
09/05/2021 9:02 PM
nuke Crude Palm oil fell sharply to RM3,300 last week.
16/06/2021 5:50 PM
hahasong I sold it, thanks

Now i go to buy MRDIY

MrDIY is very cheap now, hurry up and buy

The border will be opened soon
24/06/2021 9:46 AM
Seanyew I kept 22 lots for years d , SOLD all yesterday morning @ RM0.580 …. Thank god now RM0.50, will only consider buy back RM0.30 soon
06/07/2021 5:11 PM
goody99 the volume these few weeks are higher than normal. Will monitor to see if it is time to buy...
21/07/2021 8:42 AM
risktoreward masuk masuk @ 0.55
23/07/2021 4:20 PM
andycglim any ideas y the volume these two weeks unusual high than b4.
23/07/2021 6:22 PM
BlackWhite Lately speculators target low profile n snail stocks . They can't make money in penny stocks anymore. Like paos kym etc shc fit their picture
28/07/2021 8:23 AM
Bgt 9963 Post removed. Why?
19/08/2021 5:07 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-20-story-h1569832546-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_10_updated_number_6_o.jsp
20/08/2021 6:43 AM
SEE_Research SPECIAL TECHNICAL CHART FOR TRADING BUY

for 20 August 2021 onwards
Technical Chart for trading buy -- S H Chan /4316


Author: SEE_Research | Publish date 20 August 2021





SUMMARY



F O C U S



F = FOLLOW


O = ONE



C = COURSE



U = UNTIL



S = SUCCESSFUL

===================================================================

SPECIAL TECHNICAL CHART FOR TRADING BUY for 20 May 2021 onwards

(AAA) S H Chan /4316

This stock is in Plantation sector ,

whereby the crude palm oil (CPO ) , has climbed to a high level on 6 May 2021 , RM 4,680.00 per tonne.

and some high level of focus will be directed to crude palm oil stocks.

SH Chan is the proxy of this palm oil stock right now.



This stock , with improving RSI, MACD indicators ,

has managed base building at RM 0.50 to RM0.55

to breakout at RM 0. 56 with

high volume done 1,654 lots on 19 August 2021,

next immediate resistance -RM 0.68 done in 12 May 2021.

having done 2,194 lots on 13 August 2021 ,
it has gather and accumulated positive momentum to charge

and need to overcome the current high RM 0.82 ,

done on 10 May 2021 .



REMARKS

The past few trading days are very low , averaging 150 lots to 218 lots per day

( 1 lot = 1,000 shares )



Potentially, for this coming week ,starting from 23 August 2021 ,

Target Price : RM 0.68 level and above.





Failure to hold on to the immediate support level of RM 0.50

may indicate weakness in the share price and hence is a cut loss signal,

the last stop loss is at RM 0.50 and has to exit.
20/08/2021 6:46 AM
24/08/2021 11:40 AM
SEE_Research SEE_Research


https://klse.i3investor.com/blogs/see_research/2021-08-25-story-h15705...


===========================================================================
SEE_Research

https://klse.i3investor.com/blogs/see_research/2021-08-25-story-h15705...
25/08/2021 7:14 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-25-story-h1570543817-PLEASE_VIEW_ON_THE_TRILOGY_OF_FAST_FURIOUS_TENACIOUS_SAMSON_HERCULES_TS.jsp
25/08/2021 7:15 AM
stockraider Go for it
25/08/2021 7:39 AM
SEE_Research SEE_Research SPECIAL TECHNICAL ANALYSIS FOR TRADING BUY

for 26 August 2021 onwards
Technical Chart for trading buy --
S H Chan /4316


SUMMARY



F O C U S



F = FOLLOW



O = ONE



C = COURSE



U = UNTIL



S = SUCCESSFUL

===================================================================

SPECIAL TECHNICAL CHART FOR TRADING BUY for 26 May 2021 onwards

(AAA) S H Chan /4316

This stock is in Plantation sector ,

whereby the crude palm oil (CPO ) , has climbed to a high level on 6 May 2021 ,
RM 4,680.00 per tonne.

and some high level of focus will be directed to crude palm oil stocks.

SH Chan is the proxy of this palm oil stock right now.



This stock , with improving RSI, MACD indicators ,

has managed base building at RM 0.50 to RM0.55

to breakout at RM 0. 56 with

high volume done 1,654 lots on 19 August 2021,

next immediate resistance -RM 0.68 done in 12 May 2021.

having done 2,194 lots on 13 August 2021 ,
it has gather and accumulated positive momentum to charge

and need to overcome the current high RM 0.82 ,

done on 10 May 2021 .



REMARKS

The past few trading days are very low , averaging 150 lots to 218 lots per day

( 1 lot = 1,000 shares )



Potentially, for this coming week ,starting from 26 August 2021 ,

1st Target Price : RM 0.68 level and above.
2nd Target Price : RM 0.82 level and above.




Failure to hold on to the immediate support level of RM 0.50

may indicate weakness in the share price and hence is a cut loss signal,

the last stop loss is at RM 0.50 and has to exit
26/08/2021 7:55 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570752-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_12_SEE_RESEARCH_intr.jsp
26/08/2021 7:56 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570754-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_T_ENACIOUS_S_AMSON_H_ERCULES_TS.jsp
26/08/2021 7:56 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570753-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_UPDATED_15_2_TOP_.jsp
26/08/2021 7:56 AM
nuke QR misleading as revenue only slightly up. One-off extraordinary gains?
26/08/2021 4:09 PM
SEE_Research SEE_Research

SPECIAL TECHNICAL ANALYSIS FOR TRADING BUY

for 27 August 2021 onwards
Technical Chart for trading buy --
S H Chan /4316


SUMMARY



F O C U S



F = FOLLOW



O = ONE



C = COURSE



U = UNTIL



S = SUCCESSFUL

===================================================================

SPECIAL TECHNICAL CHART FOR TRADING BUY for 27 May 2021 onwards

(AAA) S H Chan /4316

This stock is in Plantation sector ,

whereby the crude palm oil (CPO ) , has climbed to a high level on 6 May 2021 ,
RM 4,680.00 per tonne.

and some high level of focus will be directed to crude palm oil stocks.

SH Chan is the proxy of this palm oil stock right now.



This stock , with improving RSI, MACD indicators ,

has managed base building at RM 0.50 to RM0.55

to breakout at RM 0. 56 with

high volume done 1,654 lots on 19 August 2021,

next immediate resistance -RM 0.68 done in 12 May 2021.

having done 2,194 lots on 13 August 2021 ,
it has gather and accumulated positive momentum to charge

and need to overcome the current high RM 0.82 ,

done on 10 May 2021 .



REMARKS

The past few trading days are very low , averaging 150 lots to 218 lots per day

( 1 lot = 1,000 shares )



Potentially, for this coming week ,starting from 26 August 2021 ,

1st Target Price : RM 0.68 level and above.
2nd Target Price : RM 0.82 level and above.




Failure to hold on to the immediate support level of RM 0.50

may indicate weakness in the share price and hence is a cut loss signal,

the last stop loss is at RM 0.50 and has to exit
26/08/2021 7:14 PM
SEE_Research SEE_Research


SPECIAL HIGHLIGHT

NEWS FLASH ON

RECENT ANNOUNCEMENT ON

LATEST FINANCIAL QUARTER REPORT



TSH

Previous Technical Analysis
Closed RM
1. 30 April 2021 1.07
2. 3 May 1.13
3. 4 May 1.15
4. 5 May 1.13
5. 6 May 1.13
6. 7 May 1.20
7. 10 May 1.24 / High 1.29

Earning Per Share Date Announced
(i) 2.88 24 August 2021
(ii) 1.51 19 May 2021
(iii) 2.39 25 February 2021
(iv) 1.74 18 November 2020
==============================================================================
sub total : 8.52 x PER 18 = RM1.53
==============================================================================
Intrinsic value = RM1.53

Let us witness another explosive run up on the prices upwards

in another 7 to 14 trading days , will it be
fast & furious to

RM 1.53 and above

==========================================================================
From :
calvintaneng

TSH

1. Name Date of acquisition
No. of shares purchased Average purchase price per share (RM) % of shares purchased
Kelvin Tan Aik Pen 26.08.2021 300,000 1.1053

Today -26 October 2021 -- TSH's Chairman -Kelvin Tan Aik Pen
bought 300,000 shares of TSH at average price of Rm1.1053

No more below RM1.10

Onward to RM1.20 first and all the way upward....
27/08/2021 12:23 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570754-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_T_ENACIOUS_S_AMSON_H_ERCULES_TS.jsp

==========================================================================
https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570753-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_UPDATED_15_2_TOP_.jsp

==========================================================================

https://klse.i3investor.com/blogs/see_research/2021-08-26-story-h1570570752-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_12_SEE_RESEARCH_intr.jsp

==========================================================================
Thanks
27/08/2021 12:29 AM
mohdnohmajeni Qr untung kenapa share dia turun?
02/09/2021 12:25 AM
SEE_Research From SEE_ Research

" CRAZY AMOUNT OF SHARES BOUGHT , "
NON STOP BUYING ORDERS " another IJM Plantation ---
T ENACIOUS S AMSON H ERCULES ( TSH )


sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 =
21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00
almost RM 23.6 millions onwards


==========================================================================

REAL MOTIVES OF INSIDER IS BUYING





A potential indicator of a stock’s future performance is the level of stock that insiders are buying.
In this context, an insider is an employee of the company, usually, a high-level executive
(e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital.
Their access to non-public information puts more weight on their buying and selling decisions.
With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason.

That is, they believe that information is going to be released that will boost the stock price in the near future.


Or , the next step is to take the company into serious consideration for private exercise.



Let us endeavour to find the



REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -

AT CHAIRMAN LEVEL -



KELVIN TAN AIK PEN ----



MASSIVE CONTINUOUS BUYING ORDERS

(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )



NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .



sub total : number of TSH shares bought from

1 March 2021 to


1 September 2021 =


21,850 ,000 shares




( 21,850 lots X average prices RM 1.08 =

RM 23,598,000.00




almost RM 23.6 millions on wards



THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE.

Please note at this current time the KLSE market conditions are not favourable

in view of political uncertainties and

also the economic conditions , coupled with the cases of Covid -19

are on the increase thus creating poor sentiments in KLSE.

===========================================================================
https://klse.i3investor.com/blogs/see_research/2021-09-02-story-h15706...

===========================================================================
02/09/2021 8:01 AM
newbie4444 Why SH Chan directors not buying like TSH can sifus explain?
05/09/2021 3:24 AM
SEE_Research TSH / 9059

There is huge potential corporate exercise on TSH ;
target Price 1. Fully agreed with you : greenland ; it is another corporate exercise , with high upside on the price,
it will be fast and furious , no doubt as the
Public Bank research latest issued is
Target Price RM 1.75

===========================================================================
TSH Resources - A Pair of Lucky Breaks
Date: 25/08/2021

Source : PUBLIC BANK
Stock : TSH

Price Target : 1.75 | Price Call : BUY
Last Price : 1.08 | Upside/Downside : +0.67 (62.04%)
Back

Riding on the strong CPO price performance and a steep FFB production growth from Indonesia, TSH saw its 1HFY21 earnings doubling to RM78.4m. The results beat ours and the street expectations, making up 73% and 71% of full-year estimates, respectively. No dividend was declared for the quarter. In view of the stronger-than-expected results, we revise up our FY21-23 earnings forecasts by 15%-38% after raising our profit margin and FFB production growth to 19% (previously 7%). Consequently, our TP also increases from RM1.46 to

RM1.75 based on 24x FY22 EPS.

Maintain Outperform call.



2QFY21 revenue (QoQ: +55%, YoY: +46%). The impressive topline of RM307m was mainly boosted by stronger plantation sales despite weaker contributions from non-core businesses. Plantation revenue jumped 84% YoY to RM335m, driven by stronger both CPO prices and higher production. Average CPO prices advanced from RM2,099/mt to RM3,441/mt, a massive growth of 64% YoY. FFB production rose 16.5% YoY to 255,151mt, led by stronger production in Indonesia (+21.1%) despite weaker production seen in Sabah (-15.3%). Non-core sales tumbled 38.1% YoY to RM17.7m, mainly dragged by weaker cocoa sales.
Core earnings surged to RM45m. it would have been a record breaking quarter if not because of the additional Indonesian export levy and duty on CPO amounting to RM72.2m. the Group recorded core earnings of RM45m, bolstered by stronger plantation earnings as CPO and palm kernel prices rallied. Plantation EBIT margin jumped from 10.6% to 28.2%. On the other hand, earnings contribution from other businesses registered a loss of RM1.6m, as cocoa business was negatively affected by the Covid-19 pandemic due to lower consumption of cocoa butter globally. Meanwhile, earnings contribution from its 21.9%-owned Innoprise Plantations doubled to RM4.5m.
Outlook guidance. In contrast to the earlier estimates of 7-11%, it is understood that the Group is now targeting higher FFB production growth of 18-20%. The steep FFB production growth achieved in Indonesia was surprising with the management attributing it to the i) young age profile, ii) consistent manuring programme and iii) high productivity backed by sufficient workforce. Meanwhile, we understand that the Group has a 2- month forward selling practice for its CPO production. Only a small replanting area was achieved during the quarter. Based on our sensitivity analysis, every RM100/mt change in CPO price would translate to 7-10% increase in the Group’s bottomline.

Source : PUBLIC BANK
Date issued : 25/08/2021
TSH --- Price Target : RM1.75
06/09/2021 5:36 AM
==========================================================================

2. S H Chan / 4316
there is no impending corporate exercise .
06/09/2021 11:32 AM
Musfaz83 Shchan 58.5c

Resistance 66c, 80c

Nta rm1.09
Ada cash rm21mil
PE 1.5x
Roe 39%
https://www.thestar.com.my/business/business-news/2021/09/06/further-ma-activity-expected-for-plantations-sector
06/09/2021 12:00 PM
Musfaz83 60.5c i buy
06/09/2021 3:00 PM


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