TSH RESOURCES VERSUS UEMS, KSL & CRESCENDO, Compare & Contrast Their ASSETS VALUE & Potential, Calvin Tan

calvintaneng

Publish date: Mon, 06 May 2024, 12:10 AM

Dear Friends of i3 Forum,

Due to RTS Spore - JB hype plus JB being Data Centers Property Stocks like UEMS, KSL & CRESCENDO have been chased up

Now TSH also got A Brand New Admin Capital shifting from Jakarta to East Kalimantan & landed just beside its 94,700 Acres Prime Lands

NOW LET US DO A DEEPER RESEARCH to SEE their Cost of Lands & Potential

1. UEMS

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2023

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2023	31 Dec 2022	31 Dec 2023	31 Dec 2022

		$$'000	$$'000	$$'000	$$'000
1	Revenue	421,973	336,218	1,339,060	1,473,428
2	Profit/(loss) before tax	52,981	40,305	138,945	133,543
3	Profit/(loss) for the period	31,305	20,548	85,902	82,064
4	Profit/(loss) attributable to ordinary equity holders of the parent	27,338	20,464	75,727	80,539
5	Basic earnings/(loss) per share (Subunit)	0.54	0.41	1.50	1.59
6	Proposed/Declared dividend per share (Subunit)	0.75	0.50	0.75	0.50
		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 ($$)	1.3500		1.3400

UEMS earned 0.54 sen with NAV (NTA) Rm1.35

Due to RTS SPORE - JB HYPE IS SHARE PRICE JUMPED FROM 20 SEN TO Rm1.06 (Already up over 500%)

Now its earnings have yet to show better profits

And let us take a look at its Assets Value

Refer Bursa Website)

Iskandar Puteri................................ 17,898,539 sq meter ..Freehold - Rm 2,491,753,000

(Bandar Nusajaya),

Iskandar Development Region,

Johor Darul Takzim

Land held for property

development and

development in progress

From above we see UEMS biggest piece (UEMS has sold off lots of its lands or already developed them)

So this is its Biggest piece

17,898,539 sq meter ..Freehold - Rm 2,491,753,000

Now let us calculate

convert Sq meter to sq ft by multiplying by 10.764

= 192,659,874 sq ft

now to convert to acre divide by 43,560

= 4,422 Acres (that is quite small)

Or now listed is its cost of Rm2,491,753,000 (More than Rm2.49 Billions

To get cost per acre divides

Rm2,491,753,000 by 4,422 acres

= Rm563,490 per acre

Yes! This land has been revalued and now more than half million per acre

2. KSL

Lot 2437

Mukim of Terbrau

District of Johor Bahru

Johor Darul Takzim

Land held for

development

9,060,253 sq ft

Taman Bestari Indah

Freehold - Rm169,033,690

To get cost per sq ft divides Price by land

= Rm18.65

X 43,560 to convert to cost per acre

= Rm812,682 per acre

3. CRESCENDO

5. Bandar Cemerlang...

Oil palm estate Freehold 594.01(acres ) Rm69,196,000

(approved for residential and

commercial development)

Now dividend Price by acres

= Rm116,489 per acre

Note: Bandar Cemerlang is up north after Ulu Tiram (still Ulu )

ALL 3 OF ABOVE GOT LIMITED LANDS LEFT. KSL Just bought some lands and paid over Rm1 Millions per acre.

4. TSH RESOURCES

REFER TO BURSA ANNUAL REPORT OF TSH RESOURCES

Desa Penawai, Bekokong.......................

Plantation land

12,628 Ha Oil Palm

Plantation

& Mill

Makmur, Kecamatan Bongan

Jempang & Desa Jambuk,

Muara Gusik Penawai,

Tanjung Sari, Kecamatan

Bongan & Desa Jambuk

Makmur, Kecamatan Bongan

Desa Muara Siram, Siram

Jaya, Resak Kampung,

Kecamatan Bongan, Desa

Resak, Kecamatan Bongan,

Kabupaten Kutai Barat,

Provinsi Kalimantan Timur

Rm222,811,613

Convert Hectare to Acre by X 2.471

So 12,628 X 2.471

= 31,203.78 acres

To get cost per acre

Divide Rm222,811,613 by 31,203.78 acres

= Rm7,140 per acre

THIS IS THE NEAREST PIECE TO IKN NUSANTARA and BOOK VALUE ONLY RM7,140 PER ACRE

2 More Pieces are even cheaper at Rm4,500 Per Acre

NOW LISTEN! LISTEN!! LISTEN!!!

Prices of UEMS, KSL & CRESCENDO Have been Chased up by 200% TO 500% ALL BECAUSE RTS JB SINGAPORE WILL BE BUILT BY 2026 END AT COST OF RM10 BILLIONS

NOW INDONESIA IS SHIFTING ITS NEW ADMIN CAPITAL TO IKN NUSANTARA AT COST OF ALMOST RM150 BILLIONS

OR 1,500% MORE IN COST!

YET FEW RESEARCH HOUSES OR MEDIA MENTION THE GROSS UNDERVALUATION OF TSH RESOURCES VALUABLE LANDS

THIS IS WHY WE ARE BULLISH ON TSH

ONLY LESS THAN 0.001% OF PEOPLE KNOW ABOUT BONGAN, WEST KUTAI LANDS

WHILE 99.9% OF PEOPLE ALREADY FULLY KNOW ABOUT UEMS, KSL & CRESCENDO

HENCE TO BUY TSH NOW AND HOLD TILL DEVELOPMENT RIPE WILL BE THE MOST REWARDING INVESTMENT LONGER TERM

BEST AND WARM REGARDS

Calvin Tan

Please buy or sell after doing your own due diligence

Or consult your Remisier or Fund manager

SEE

Now See TSH's Lands in BONGAN, KUTAI WEST

43.9 km

Distance from Bongan to Titik Nol IKN Nusantara

Above is Bongan to Titik Nol Ikn Nusantara

A distance of 43.9KM only

Below is the Distance of Sentosa, Singapore to JB Paradigm Mall (45.8km)

1 hr 44 min (45.8 km) via Bukit Timah Expy

NOTE VERY VERY VERY CAREFULLY

TITIK NOL IKN NUSANTARA DISTANCE TO BONGAN (43.9KM)

IS EVEN NEARER THAN SPORE SENTOSA TO PARADIGM MALL JB (45.8KM)

John Templeton quote: Bull markets are born on pessimism ...

BEST TIME TO SELL UEMS, KSL & CRESCENDO INTO EUPHORIA

BEST TIME TO BUY TSH IN PESSIMISM

DO THE VERY OPPOSITE!

95% OF PEOPLE WILL LOSE MONEY

ONLY 5% CAN MAKE MONEY

TO WHICH DO YOU BELONG?

Discussions

Be the first to like this. Showing 18 of 18 comments

calvintaneng

BEST TIME TO SELL UEMS, KSL & CRESCENDO INTO EUPHORIA

BEST TIME TO BUY TSH IN PESSIMISM

DO THE VERY OPPOSITE!

95% OF PEOPLE WILL LOSE MONEY
ONLY 5% CAN MAKE MONEY

TO WHICH DO YOU BELONG?

2024-05-06 00:21

calvintaneng

https://www.youtube.com/watch?v=r3Nl-MDR40s

2024-05-06 00:28

calvintaneng

Risk and Reward

1. Tsh got Rm150 Billions New
City being built beside it's lands while others got a Rm10 billion Rts

2024-05-06 01:06

calvintaneng

2. Tsh total lands near Ikn is 94700 acres and total over all is 188,000 acres or bigger than Spore total land area of 180,000 acres

2024-05-06 01:07

calvintaneng

others only got 500 to 4,400 acres in their biggest pieces

2024-05-06 01:08

calvintaneng

3. Tsh cost of land very low at 20 year ago book value of Rm4.5k to Rm7.2k per acre
while others got Rm110k to Rm800k per acre

by all measure Tsh lands are very undervalue

2024-05-06 01:12

calvintaneng

Best of all Tsh share price only up 2% to 3% while others all up 200% to 500%

2024-05-06 01:13

calvintaneng

Buying Tsh at such discounted and depressed price the risk is low and the reward high

while chasing others in euphoria has high risk and low reward

2024-05-06 01:15

calvintaneng

Extracted from IKN Road Connectivity Development

The concept of developing a new road network to several areas such as Senoni(Kutai Kartanegara
Regency), Gusig(West Kutai Regency) and Tukuq (Central Kalimantan Province Border).These three
areas were chosen because they have potential resources and local culture which of course also
consider the potential for regional development and new economic growth areas.The results of the
analysis show that the addition of shortcuts to IKN from these three areas can improve the
connectivity and accessibility of the road network around IKN relatively significantly

https://www.researchgate.net/publication/377267277_Road_Network_Connectivity_in_Supporting_IKN_NUSANTARA_The_New_National_Capital_City_Development_in_East_Kalimantan_Indonesia

2024-05-06 05:11

calvintaneng

Read again VERY CAREFULLY

Senoni(Kutai Kartanegara
Regency), Gusig(West Kutai Regency) and Tukuq (Central Kalimantan Province Border).These three
areas were chosen because they have potential resources and local culture which of course also
consider the potential for regional development and new economic growth areas

Gusiq (or Gusik in English) WEST KUTAI (BONGAN) chosen because they have potential resources and local culture which of course also
consider the potential for regional development and new economic growth areas

2024-05-06 05:14

calvintaneng

In other words

GUSIK, WEST KUTAI IS CHOSEN AS "NEW ECONOMIC GROWTH AREAS!"

THAT IS THE REASON WHY ASKING PRICES HERE ARE 3.5 MILLION RUPIAH PER METER

OR RM4.2 MILLIONS PER ACRE!!

See

https://www.99.co/id/jual/tanah/kutai-barat/bongan

2024-05-06 05:18

gohkimhock

good counters no need to promote everyday, Calvin. The more i see you promote daily, the more skeptical it will be. And the more suspicious we are getting. Just my RM0.02..

2024-05-06 15:07

calvintaneng

There is nothing suspicious at all

Everything posted here is open and transparent for all to study and evaluate

What is true or false will be all proven one day

And for that we can patiently wait

2024-05-06 18:45

cheated

If Kelvin Tan Aik Pen buy TSH, I follow him. If MKH can buy MKH OP why Kelvin Tan Aik Pen cannot do so on TSH?

2024-05-06 21:14

calvintaneng

For your info

Chairman Kelvin already bought to the hilt with 340 million Tsh shares with margin loans from 3 Investment Banks

As such he is fully invested in Tsh even beyond all his strength

2024-05-06 21:23

cheated

Less than 20% owned where Kelvin got fully invested?

2024-05-06 22:48

calvintaneng

Your name is "Cheated"?

True to your name you are a Cheat!

Chairman Kelvin owns 340 mil Tsh shares. Plus inherited another 2 mil Tsh from his late father TSH (Tan Soon Hong) Chairman got a total of 342 million Tsh shares

At Rm1.15 current price

The total net worth is

342,000,000 x Rm1.15

= Rm393,300,000

That is over Rm393 Millions invested and not counting his brothers' shares yet

So you better stop cheating people by your lies

2024-05-07 07:03

calvintaneng

Simeplant suddenly jumped after news of 1000 acres designated as Industrial park in Kerian

Tsh also got 13,338 acres in Greentech Park Bulugan

plus it has 94700 acres in Ikn Nusantara

2024-05-08 11:03

Featured Posts

MQ Trader

Introducing MY's First IPO Fund for Sophisticated Investors!

MQ Chat

New Update. Discover investment communities that resonate with your ideas

MQ Trader

M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a

Latest Videos