calvintaneng

Ekowood taken private by TSH https://klse.i3investor.com/servlets/stk/5091.jsp

2021-08-15 22:22

calvintaneng

Dear Friends, Investors & Traders of i3 Forum

This evening please go we shall look at the Biological Assets of TSH

Please go see Bursa report of all latest Qtr Results of each and SEE for yourselves



1) SIME DARBY PLANTATION

Biological assets...........Rm290 Millions


2) FGV

Biological assets............Rm101 Millions


3) TAANN

Biological assets...........Rm122 Millions


4) TSH RESOURCES

Biological assets...........Rm408 Millions


5) JAYA TIASA

Biological assets..........Rm65 Millions


6) THPLANT

Biological assets.........Rm56 Millions


7) BPLANT


Biological assets........Rm35 Millions



8) HAP SENG PLANT


Biological assets.........Rm40 Millions


As you can see from the above TSH RESOURCES With Rm408 MILLIONS WORTH OF BILOGICAL ASSETS IS LARGER THAN EVEN SIMEDARBY PLANT WITH RM290 MILLIONS BIOLOGICAL ASSETS

Now what is Biological Assets

Let us see its definition


What are Biological Assets? Recognition and Measurement
Fixed Assets

Overview:
Biological assets are assets that are living in nature. It includes trees, animals, and nowadays cannabis too, as it has been made legal. The company’s management breaks down the assets side of the balance sheet and classifies them by type and attributing a value to them.

Biological assets are dealt with in International Accounting standards 41 (IAS 41). As per IAS 41, biological assets are any living plant or animal owned by the business. These are typically measured at fair values less selling costs.

Examples of biological assets include goats, fish, vegetables, corn, tomatoes, apples, etc. Biological assets are generally perishable and are like current assets in the balance sheet.

Nature of Biological assets:
Biological assets are held and can be accounted for only by the business owners. These assets are important to farmers and individuals whose primary source of profit comes from growing, selling, and shipping biological goods.

They are the active components in the environment; hence, they are always difficult to maintain. They are always under the radar of qualitative and quantitative threats.

Importance of Biological Assets:
Biological assets generate substantial revenue or income for businesses in vineyards, floriculture, silviculture, and paper products.

Biological assets are typically seen in the balance sheet of these companies in industries. The only distinguishing feature for biological assets is that it is a living thing.



The major difference of biological assets is that biological assets change naturally and depreciate naturally and more rapidly than other types of goods.

Various biological assets like other goods can be in high or low demand depending on the season of the product. Recently there has been a surge in demand for soybean in the United States of America.

The threats suffered by biological assets include drought, cold weather, inconsistent rain, or forms of diseases. The biological asset is unique to accounting to categorize and identify assets owned by businesses clearly.

Recognition of Biological assets as per IFRS:
An entity recognizes a biological asset when the entity controls the asset as a result of past events. It is fairly reliable to say that benefit will flow to the entity, and fair value can be measured reliably.

Measurement of Biological asset:
Biological assets come within the scope of IAS 41. Initial recognition is done, and at subsequent reporting dates, the biological assets are recognized at fair value less estimated costs to sell, unless a fair value cannot be reliably estimated.

The gain on initial recognition of biological assets at fair value fewer costs to sell and changes in fair value fewer costs to selling biological assets during a period are included in profit or loss.

All other costs related to biological assets measured at fair value are recognized as expenses when incurred, other than costs to purchase biological assets.



We have modified some words to make it more relevant

From the above we can deduce that TSH RESOURCES with Both Palm Oil Estates & Timber Forest Concession have fully made use of opportunities to plant the MOST TREES (both Palm Oil & Timber) Totalling a Whopping Rm408 MILLIONS IN VALUE OVER THE YEARS - FAR FAR MORE THAN BOTH SIMEDARBY PLANT & FGV

This shows TSH RESOURCES has Deep Deep Biological Assets Value which aughur well when both CPO & LUMBER ARE NOW AT THEIR HIGHEST PRICES IN WORLD MARKET





Best regards



Calvin Tan Research


NOTE: TSH's RM400 MILLIONS BIOLOGICAL ASSETS ARE NOW VERY VALUABLE AS DEMAND FOR BOTH LUMBER & PALM OIL ARE UP & PRICES WILL REMAIN ELEVATED

2021-08-16 08:48

calvintaneng

TSH Resources is also in the Top 2nd holder of Innoprise

Director Tan Aik Kiong of TSH is also a Director in Innoprise


https://www.marketscreener.com/quote/stock/INNOPRISE-PLANTATIONS-BER-20699188/company/

2021-08-16 08:55

calvintaneng

See this https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-11-15-story-h1536433928-ALL_BY_INVESTING_IN_PALM_OIL_Peter_Lim_From_Taxi_Driver_To_Billionaire_.jsp

2021-08-16 09:28

calvintaneng

Fcpo up to year 2022 still over rm4000 per ton defies the naysayers

2021-08-17 13:31

calvintaneng

Value upon value emerging from Tsh

2022-03-03 10:22