Dear friends of i3 Investor Forum,
It has been perpetuated for the whole time by Spammers in TSH RESOURCES FORUM that Calvin cost of purchase for TSH RESOURCES is Rm1.80. And therefore he has been trying to get people to push up for him to escape
Since it has been spammed a thousand times the "lies" have been ingrained as the "truth"
And do you want the truth? The real truth? The whole truth?
So here it is for all to read and "SEE THE TRUTH"
I have An Investment Approach I which I would like to all.
Dear Investors & Traders of i3 Forum (Pease read to the very end as we are typing now from Singapore)
Many have wondered why we are bullish on Tsh Resources after IjmPlant was taken over by KLK at Rm3.10
Many do superficial reading on TSH NAV to be only Rm1.06 and price now at Rm1.04 to be not worth much
See what people see below
31 Mar 2021
A careless perusal will show only Rm1.06 NAV
But Dig Deeper
How?
You must compare Apple with Apple & Orange with Orange
Now See IJM PLANT NAV Below
SUMMARY OF KEY FINANCIAL INFORMATION31 Mar 2021 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31 Mar 2021 | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2020 | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 246,381 | 195,393 | 935,693 | 739,133 |
2 | Profit/(loss) before tax | 60,411 | -73,438 | 272,129 | -50,472 |
3 | Profit/(loss) for the period | 60,104 | -86,273 | 215,007 | -72,979 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 57,417 | -76,387 | 205,083 | -63,423 |
5 | Basic earnings/(loss) per share (Subunit) | 6.52 | -8.67 | 23.29 | -7.20 |
6 | Proposed/Declared dividend per share (Subunit) | 10.00 | 2.00 | 10.00 | 2.00 |
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 ($$) | 1.6300 | 1.3500 |
As you can see above IJMPLANT NAV IS ONLY RM1.63
THEN WHY SHOULD IJMPLANT BE WORTH RM3.20 (RM3.10 Plus 10 Sen Dividen) WHEN KLK OFFERED
RM1.63 NAV & TAKEOVER OFFER IS RM3.20 (Or 96% Above Net Asset Value??)
Now we think TSH & IJMPLANT Are Very Similar in their Assets & Earnings
Both TSH & IJMPLANT Estates are Located in Sabah, Kalimantan & Sumatra
Since they go over to Indonesia they stay close to each other. Just as in early times from China Coastal Cities arrived early Immigrants to Malaya & stayed in coastal Towns like Penang, Kelang & Johor (Just check: these speak the Hokkien Dialects)
Later in year 1848 Long Jaffar founded Tin in Larut & also the Sungai Besi Tin Mines in KL. These drew in Chinese from Guandong who are more business minded. Today the Chinese of Klang Valley (KL) & Kinta Valley (Ipoh) Speak the Cantonese Dialect
The Indians also congregated in Brickfields, Sentul & the Little India of Singapore.
The British?
They liked cooler mountain airs so they named Cameron Highland, Maxwell Hill, Fraser Hill & others.
Port & States were called Port Swettenham (today Port Klang), Province Wellesley (Now Prai)
And so are TSH & IJMPLANT & KLK & WILMAR (They cluster around)
So if IJMPLANT is worth 96% more then can we value TSH Rm1.04 X 96% more
or Rm2.03
Is the Intrinsic Value of TSH Rm2.03 then?
Ok we dig deeper and further
2) When TSH Disposes Assets only then We see its Real Value Surface
Recently TSH sold 2 Palm Oil Estates
Let's go check them up
See IJMPLANT Price history
YEAR...LOWEST PRICE...HIGHEST PRICE
2004..Rm1.00........Rm1.40
2005...0.91.........Rm1.20
2006..Rm1.02........Rm1.66
2007..Rm1.36........Rm3.25
2008..Rm1.19........Rm4.01
2009..Rm1.81........Rm2.89
2010..Rm2.36........Rm3.14
2011..Rm2.38........Rm3.24
2012..Rm2.63........Rm3.77
2013..Rm2.75........Rm3.62
2014,,Rm3.11........Rm4.03
As you can see both in Years 2008 & 2014 IjMPLANT CROSSED THE RM4.00 MARK
NOW JUST AS IJMPLANT CROSSED RM4.00 IN GOOD YEARS TSH RESOURCES SHARE PRICE ALSO CROSSED RM4.00 JUST LIKE IJMPLANT DID THEN
See
TSH RESOURCES PRICE HISTORY
YEAR....LOWEST PRICE...HIGHEST PRICE
2004.....0.45.................1.01
2005....0.63..................1.05
2006....0.60..................1.05
2007....0.77..................1.65
2008....0.55..................1.94
2009....0.66...................1.00
2010....0.84...................1.46
2011....1.33...................2.04
2012....1.87...................2.87
2013....2.05...................3.13
2014....2.72...................4.00
So in year 2014 when IJMPLANT was Rm4.03 TSH RESOURCES SHARE PRICE ALSO REACHED RM4.00
THAT IS WHY THERE IS A HIGH POSSIBILITY TSH RESOURCES SHOULD REACH RM2.00 IN THIS COMING PALM OIL BULL RUN & CAN ALSO GO UP HIGHER
KLK HAS TAKEN OVER IJMPLANT AT RM3.20 (ITS PEAK CYCLE REACHED RM4.00)
TSH ALSO REACHED RM4.00 AT PEAK CYCLE
BUT WHY DO WE NOT ASSIGN TSH AS SAME WITH WITH IJMPLANT AT RM3.20 INTRINSIC VALUE
WHY ONLY RM2.00?
ANSWER:
BECAUSE TSH GAVE ONE FREE BONUS FOR TWO SHARES HELD WHILE IJMPLANT DID NOT
SO WE THINK RM2.00 IS A VERY FAIR INTRINSIC VALUE FOR TSH AT THE VERY LEAST
Best Regards
Calvin
Please buy or Sell After doing your own due diligence. Or consult your Remisier/Fund Manager
PART TWO
CALVIN ADDITIONAL COMMENTS ON 20TH JANUARY 2024
OK GUYS
Take a good look at these words
Dear Investors & Traders of i3 Forum (Pease read to the very end as we are typing now from Singapore)
Many have wondered why we are bullish on Tsh Resources after IjmPlant was taken over by KLK at Rm3.10
Many do superficial reading on TSH NAV to be only Rm1.06 and price now at Rm1.04 to be not worth much
Read again
Many have wondered why we are bullish on Tsh Resources after IjmPlant was taken over by KLK at Rm3.10
Many do superficial reading on TSH NAV to be only Rm1.06 and price now at Rm1.04 to be not worth much
Read one more time
Many do superficial reading on TSH NAV to be only Rm1.06 and price now at Rm1.04 to be not worth much
AND READ THE FINAL TIME
price now at Rm1.04 to be not worth much
OK NOW ONLY YOU SEE THE TRUTH! THE PRICE IS ONLY RM1.04 (NOT RM1.80 AS TOLD BY THE PERPETUAL LIAR!)
CALVIN'S COST IS NOT RM1.80 BUT BUY CALL WAS ONLY RM1.04
AND WHERE ARE THE PERPETUAL LIARS WHO KEPT HARPING CALVIN BOUGHT TSH AT RM1.80??
OK AT RM1.04 NOW SEE FURTHER
SINCE YEAR 2021 TSH HAS GIVEN THESE DIVIDENDS
20-Apr-2023 | 16-Jun-2023 | DIVIDEND | Final Dividend | RM 0.0250 | |
23-Nov-2022 | 07-Dec-2022 | DIVIDEND | First Interim Dividend | RM 0.0800 | |
24-Feb-2022 | 30-Mar-2022 | DIVIDEND | Interim Dividend | RM 0.0300 | |
25-Feb-2021 | 12-Mar-2021 | DIVIDEND | Interim Dividend | RM 0.0150 |
TSH HAS GIVEN OUT A TOTAL OF 15 SEN DIVIDEND
SO ANYONE LESS 15 SEN THE COST IS 89 SEN
NOW OF COURSE CALVIN (PARDON MY USING 3RD PERSON PRONOUN) DID BUY ON THE WAY UP BUT AS PRICE SURGED UP THE PURCHASE WAS LESS
AND DO YOU KNOW?
AS TSH PRICES RETRACED CALVIN BOUGHT MORE. AND MORE BELOW RM1.00
ALSO TELLING ALL TO BUY
AGAIN MANY SEE NOTHING GOOD IN TSH UNTIL NOW
NEVER MIND AT ALL
IN YEAR 2020 APRIL CALVIN WAS INVITED TO JOIN FIFO WHATASPP GROUP
AND THE FIRST STOCK CALVIN BOUGHT AT RECOMMENDED TO FIFO PEOPLE WAS SUPERMAX (BOUGHT AT RM1.73)
PEOPLE IN FIFO THOUGHT CALVIN WANTED TO "FRONT RUN THEM"
JUST TOO BAD. SO MANY DID NOT BELIEVE. UNTIL TOO LATE WHEN SUPERMAX SHARE PRICE WENT UP THE STRATOSPHERE AT RM24.00
CALVIN SOLD SUPERMAX AT RM20.00 AND TOLD FIFO PEOPLE TO SELL
BUT NOW THEY WERE RELUCTANT TO LET GO
TOO BAD. SUPERMAX CRASHED BACK BELOW RM1.00 AFTER SPLIT BONUS.
SO NOW CALVIN SHOUTS TO ALL DEAR FELLOW FRATERNITY OF I3 FORUM
CALVIN SEES GREAT POTENTIAL AHEAD IN TSH RESOURCES
ONLY DIFFERENCE IS THIS
TSH RESOURCES IS NOT A CYCLICAL LIKE SUPERMAX
THEN LIKE WHAT
TSH RESOURCES WILL BE LIKE BPLANT
WHY BPLANT?
ANSWER:
BECAUSE LTAT TOOK BPLANT PRIVATE FOR ITS GOLD MIND LANDS IN SEBERANG PRAI NORTH
(BY THE WAY PENANG GOVT ALSO TRYING TO GET HOLD OF SIMEDARBY PLANT LAND IN SEBERANG PRAI SOUTH LANDS
ALL THESE ARE NOW GOLD MINE LANDS DUE TO LAND BOOM IN BATU KAWAN. BPLANT ALSO GOT GOOD LANDS NEAR KAJANG, PERAK & OTHER PLACES
BUT NOTHING COMPARED TO TSH'S 94,700 ACRES OF PRIME LANDS NEAR IKN NUSANTARA, THE NEW ADMIN CAPITAL OF INDONESIA
COST OF PURCHASE AND BOOK VALUE AS LOW AS 11 SEN PSF OR RM5,000 PER ACRE
CURRENT PRICE AS HIGH AS RM27 PSF OR RM1.17 MILLIONS PER ACRE
TRUE OR NOT TIME WILL TELL
BEST REGARDS TO ALL
CALVIN TAN
PLEASE BUY OR SELL AFTER DOING YOUR OWN DUE DILIGENCE OR CONSULT YOUR REMISIER, FUND MANAGER, ACCOUNTANT AND REAL ESTATE VALUER
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Created by calvintaneng | Aug 03, 2024
Ha ha ha......please take a look at the headline and the kindergarten grammar. How to trust a guy who can't figure out simple past tense.
2024-01-20 09:13
I saw his articles about LaNino… last time … way b4 Covid but price never happened as predicted. That’s all I want to share.
2024-01-20 09:35
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Of course, we have heard his story of selling 8 houses to invest into his best find (NETX) ever. Hope he will share his honest lessons on this too.
2024-01-20 18:21
if calvintaneng can be trusted, the cow will know how to climb a palm oil tree..
2024-01-21 00:56
Gohkimhock
You have vested interest in questionable accounting of Kgb which Calvin has pointed and warned you
So it does not matter what you say
Let time proof all things
2024-01-21 01:30
3iii has been harping on Netx which is still listed at 11 sen ( up 1 sen from 10 sen) when shares like Rapid Synergy, Ynh Scib, Leform, Widad, Mersec and others which gone limit down and he never bother to do his duty go there and warn innocent people there
This shows 3iii a busy body and a time waster
Go and do something productive
2024-01-21 01:35
Poor TSH. No more kaw kaw buy and all but forsaken for Calvin's latest squeeze JTiasa. Will it ever morph into the blue chip to beat Nestle as he screamed on 7.04.2022 ; with targets of RM2.00 short term, RM3-4 31.12.2022, long term blue chip status RM10 and the ultimate Nestle beating RM150!! With current price RM1.00, I guess Calvin misplaced his decimals.
2024-01-21 10:25
Calvin; Incidently, by comparison, what were your target prices for JTiasa in April 2022 in the midst of your once-in-a-lifetime plantation bull mania? Can you recall?
2024-01-21 12:02
Calvin exposed in his torn and tattered underwear with nowhere to hide his two jewels! So it's RM3.16 target price end 2022 for JTiasa compared to actual RM0.63. End 2023 JTiasa closed at RM0.91. He made so many kaw kaw buy calls in 2022 for plantation stocks all based on flawed premises one can hardly keep track. But he will selectively choose which figure to disclose to suit his mad designs.
2024-01-22 08:55
TSH .. a good buy bcos TSH got cocoa business. Cocoa price now is super high !
2024-01-22 10:52
TSH seems to be moving. "Slowly" but that's fine with those with patience. This is one of the counters that I've been adding over the past couple of months. If it goes below 1.00 again, that means add a bit more. And then continue with the basic plan - go do something else and just "Wait".
2024-01-22 19:45
Ahmad Cendana
TSH seems to be moving. "Slowly" but that's fine with those with patience. This is one of the counters that I've been adding over the past couple of months. If it goes below 1.00 again, that means add a bit more. And then continue with the basic plan - go do something else and just "Wait".
Yes correct!
2024-02-08 08:16
Cocoa prices continued to rally, surpassing $6,800 per tonne, a new historic high, largely driven by concerns over shortages.
2024-02-26 21:50
YES! Calvin did buy TSH at it's high price.
He even announced buying more, multiple times, as the price was collapsing.
If you have access to TSH chat history, filter out all CuntWin Tan's comments for evidence.
He is trying to justify his miserable trades as a winner, when this stock made a slight bump up after a long slumber. It hardly surpasses his AVERAGE PRICE; in other words, CUNTWIN TAN is still hugging deadwood.
2024-02-26 22:32
Wait TSH debt free like Inno I buy. How long must wait? 1 more qtr or 2? Or 1 year?
2024-02-27 00:06
How long must wait?
The longer the better lah
See
https://www.google.com/search?q=%5Cwarren+buffet+wealth+chart+by+age&oq=%5Cwarren+buffet+wealth+chart+by+age&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIJCAEQABgNGIAEMg0IAhAAGIYDGIAEGIoFMg0IAxAAGIYDGIAEGIoFMg0IBBAAGIYDGIAEGIoF0gEIOTg0NGowajSoAgCwAgA&sourceid=chrome&ie=UTF-8#vhid=P6We2TRrkgEGFM&vssid=l
2024-02-27 03:23
TSH RESOURCES (9059) 2023 ANNUAL REPORT: SHOWS A WONDERFUL COMPANY WITH AMAZING CHANGES, By Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-25-story-h-182876873-TSH_RESOURCES_9059_2023_ANNUAL_REPORT_SHOWS_A_WONDERFUL_COMPANY_WITH_AM
2024-04-25 07:03
calvintaneng
TIME TO BUY SUPERMAX WAS RM1.73 ON APRIL 2020
SELL BY YEAR END AT RM20
TIME TO BUY TSH RESOURCES IS NOW AT RM1.00
AND THEN HOLD
2024-01-20 02:50