Dear Investors
Many have turned bullish on Innoprise Plant due to its stong earnings & even stronger dividend Plus Special Dividends
Now we observe Innoprise Corporation the major share holder of Inno Plant has been generous to declare a combined dividend of 8 sen on Aug 26, 2021
Combined with earlier 6 sen dividend for year 2021 the total dividend stands at 14 sen (more than 11% of latest closing price of Rm1.26 (Over taking so many other stocks in KLSE)
Now one reason could be INNOPRISE HOLDING Which owns more than 50% of Inno Plant sees abundant earnings so it is confidently declaring so much dividends. Or could be other reasons to unlock value as we noiticed that INNOPRISE CORPORATION Also disposed all its Shares in HapSeng Plant (INNOPRISE CORPORATION Belongs to Sabah Govt is the Top 2nd Holder of Hapseng Plant)
See
Name | INNOPRISE CORPORATION SDN BHD |
Currency | - |
Date of Change | Type | Number of Shares | |
---|---|---|---|
25-Aug-2021 | Disposed | 119,978,000 |
Nature of Interest | Direct Interest |
Shares | Ordinary shares |
Reason | Disposal of 119,978,000 Hap Seng Plantations Holdings Berhad ("HSP") shares, the entire shareholding in HSP through direct business transaction on 25 August 202 |
No matter what the reason might be share holders of Inno Plant are quite happy with the highest dividends history of Inno Plant for year 2021
And TSH holding more than 105 million shares (Top 2nd holder of Inno Plant) stands to receive Rm8.4 Millions in dividends as well
But more than that
Since InnoPlant has gone up from its recent low of 93 sen to Rm1.26 now there is a gain of 33 sen per share for TSH as well
How much is that?
105,000 x 330 = A cool Rm34.65 Milions (Remeasurement gain)
How many sen equivalent
See TSH Results again
TSH RESOURCES BERHAD |
Financial Year End | 31 Dec 2021 |
Quarter | 2 Qtr |
Quarterly report for the financial period ended | 30 Jun 2021 |
The figures | have not been audited |
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Jun 2021
|
30 Jun 2020
|
30 Jun 2021
|
30 Jun 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
307,414
|
210,566
|
551,495
|
467,954
|
2 | Profit/(loss) before tax |
64,713
|
28,054
|
103,693
|
49,447
|
3 | Profit/(loss) for the period |
48,199
|
21,294
|
74,648
|
29,246
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
39,715
|
19,818
|
60,499
|
22,072
|
5 | Basic earnings/(loss) per share (Subunit) |
2.88
|
1.44
|
4.38
|
1.60
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.0820
|
1.0531
|
This qtr TSH made Rm39.715 Millions from Operations
It figures it is 2.88 sen per share
And Remeaurement of Rm34.65 Millions equal how many sen?
The simple formulate is
34,650,000 divides by 39,715,000 multiply by 2.88 sen
= 2.51 sen
That means that
TSH made 2.88 sen from operations
Tsh also made 2.51 sen from its share investment in INNOPLANT
That makes this qtr profit to = 5.39 sen
So far these two we can SEE and calculate
What about the other hidden assets of TSH? Its growing land value. Its growing biological assets?
Its other 7 businesses of Cocoa, Paper Pulp, Biomass, 300 thousand acres of Palm oil estates, over 200 thousand acres of forest concessions, Rm400 Millions worth of Biological assets, Bioenergy, Its Ekowood hardwood flooring, its refinery & mills plus others?
That is why we call TSH
T = Treasure
S = Safely
H = Hidden
Best regards
Calvin Tan
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
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