THE INVESTMENT APPROACH OF CALVIN TAN

TSH RESOURCES (9059) AN IMMEDIATE LOOK AT ITS VALUE & CURRENT PROSPECTS, Calvin Tan

calvintaneng
Publish date: Fri, 02 Aug 2024, 03:59 PM
calvintaneng
0 1,845
Hi Guys,

I have An Investment Approach I which I would like to all.

Dear Friends of i3 Forum


Today is a Blood Bath Day for many as over 1,000 Counters in the Red. Blood is on the Street

Both good & bad stocks are sold down

In bad times they said "Gold heirloom" also gone for pawning or sold away


SO GOOD NOW IF WE KNOW WHAT TO BUY THAT IS SAFEST


Here! Time to consider buying TSH till the Tsunami of selling is over


And these are the Good Prospects of TSH


Refer Bursa


SUMMARY OF KEY FINANCIAL INFORMATION

31 Mar 2024

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR

CORRESPONDING

QUARTER

CURRENT YEAR TO DATE
PRECEDING YEAR

CORRESPONDING

PERIOD

31 Mar 2024
31 Mar 2023
31 Mar 2024
31 Mar 2023
$$'000
$$'000
$$'000
$$'000
1
Revenue
242,388
250,298
242,388
250,298
2
Profit/(loss) before tax
35,027
54,225
35,027
54,225
3
Profit/(loss) for the period
25,177
37,933
25,177
37,933
4
Profit/(loss) attributable to ordinary equity holders of the parent
20,073
29,428
20,073
29,428
5
Basic earnings/(loss) per share (Subunit)
1.45
2.13
1.45
2.13
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 ($$)
1.4985
1.4831



TSH Shows a Small Profit


ITS NAV IS NOW ALMOST RM1.50


At Rm1.15 now


TSH is selling at 35 sen discount to NAV or 24% Discount to NTA

Since TSH sits on Assets of Deep Value the Discount will show even more if TSH revalue or sell another asset


SO TSH qualifies as A MARGIN OF SAFETY STOCK (Very hard to go bankrupt even in the worst crisis. So very safe)


Now see 



Production figures for current quarter compared with immediate preceding quarter
Current Quarter
Immediate Preceding Quarter
Changes

(Amount / %)

30 June 2024
31 March 2024
PLANTATION
Crude Palm Oil (MT)
										51,801.00

										49,856.00

										3.90

Fresh Fruits Bunches (MT)
										205,097.00

										196,566.00

										4.34

Palm Kernel (MT)
										10,999.00

										10,556.00

										4.20

Rubber (kg)
										106,764.00

										109,228.00

										-2.26

TIMBER
Log Production Volume (Cubic Metres)
										5,262.00

										3,526.00

										49.26

 

Quarter to Quarter Results


CPO up 3.9%

FFB up 4.34%

Palm kernel up 4.2%

Rubber down 2.26%

Log production up 49.26%





SO WE SEE AUG 2024 RESULTS THIS MONTH TSH SHOULD REPORT A BETTER QUARTER


Plus SEE More


TSH OWNS 105 MILLION INNO SHARES AT 21.95%


AND THIS IS INNO QTR TO QTR RESULTS


Refer Bursa


Production figures for current quarter compared with immediate preceding quarter
Current Quarter
Immediate Preceding Quarter
Changes

(Amount / %)

30 June 2024
31 March 2024
PLANTATION
Crude Palm Oil (MT)
										13,788.00

										12,276.00

										12.32

Fresh Fruits Bunches (MT)
										64,531.00

										61,215.00

										5.42

Palm Kernel (MT)
										2,324.00

										2,303.00

										0.91


INNO CPO, FFB & PALM KERNAL ALL UP UP UP


WE WILL SEE INNO EARN MORE

WHICH TRANSLATES TO MORE DIVIDENDS FOR TSH THIS MONTH


So We Have Twin Boosters


TSH OWN GOOD HARVEST PLUS INNO'S GOOD HARVEST


ANY MORE GOOD NEWS


YES


SEE


Crude Palm Oil Futures

3,918MYRD
+48+1.24%
As of today at 15:24 UTC+8


WHILE ALL ARE RED FCPO IS GREEN


According to TSH RESOURCES Official Email to Bro Vijay of EAGLE VISION FIRST MOVER whataspp Group

TSH Cost of CPO production is Rm2,000 to Rm2,200 MT


That is a Lot of "MARGIN OF SAFETY"


Margin of Safety?


Yes See


Margin of Safety by Seth Klarman ...

Seth Klarman tells us the Importance of


Seth Klarman Quote: “Loss avoidance must be the cornerstone of your investment philosophy.”

TSH NOW IS CASH POSITIVE


AFTER 5 YEARS TSH SOLD ASSETS TO PARE DOWN RM1.5 BILLIONS LOANS



Plus Insiders of TSH Have Been Buying


See



FANTASTIC CONFIDENCE BY ANOTHER DIRECTOR IN TSH RESOURCES (9059) AS HE EMERGED WITH ABOVE 5% HOLDING, Calvin Tan

calvintaneng
0 1,844

I have An Investment Approach I which I would like to all.

Hi Guys,

calvintaneng
0 1,844

I have An Investment Approach I which I would like to all.

Hi Guys,

Dear Friends of i3 Forum

Today when many Palm oil counters were down ONE BRIGHT NEWS EMERGED

ANOTHER DIRECTOR OF TSH RESOURCES EMERGED WITH ABOVE 5% HOLDING OF TSH

SEE

FANTASTIC CONFIDENCE

DIRECTOR TAN AIK YONG (IN TOP 16 & TOP 24 & TOP 27 POSITIONS OF TSH: SEE TSH ANNNUAL REPORT TOP 30 SHAREHOLDERS)

HAS JUST GOBBLED 16 MILLION SHARES OF TSH AT RM1.64

THAT IS OVER A WHOPPING RM26 MILLIONS IN A SINGLE PURCHASE)

TOMORROW JUST SELL OTHERS AND GO "ALL IN" TO TSH

Final decision is yours

See

https://klse.i3investor.com/web/insider/detail/D_164991_3044377266

 

[TSH] Change In Director's Shareholding - MR TAN AIK YONG on 30-Mar-2022

Stock
Announcement Date
30-Mar-2022
Director's Particular:
Name
Details of Changes:
Currency
-
Registered Name
Tan Aik Yong
Nature of Interest
Direct Interest
Description
Off market
Nature Interest
Direct Interest
Shares
Ordinary shares
Reason
Off market
Consideration
-
Total no of securities after change:
Direct (units)
69,949,717
Direct (%)
5.07
Indirect (units)
0
Indirect (%)
0.00
Total (units)
69,949,717
Total (%)
5.07
Date of Notice
29-Mar-2022

 

From Bursa Website

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

 

 

TSH RESOURCES BERHAD
Subject
Dealings Outside Closed Period
No
Salutation
Name
Designation
Description Of "Others" Designation
1
MR
TAN AIK YONG
Executive Director
Type of Transaction
Others
Description of "Others" Type of Transaction
Off market
Date of Transaction
25 Mar 2022
Description of Securities
Ordinary Shares
No of Securities Transacted
16,000,000
% of Securities Transacted
1.159
Consideration
Malaysian Ringgit (MYR) 1.643












SEE


DIRECTOR TAN AIK YONG BOUUGHT 16 MILLION TSH SHARES AT AVERAGE COST OF RM1.643

To buy now is BUYING AT GREAT DISCOUNT to His Entry Price


CHAIRMAN KELVIN TAN AIK PEN BOUGHT UNTIL HE GOT 342 MILLION TSH SHARES


WARREN BUFFET LIKES COMPANY DIRECTORS BUYING STOCKS "WITH THEIR OWN HARD EARNED" MONIES


WE SEE TSH AS A SHINING EXAMPLE


ONE MORE


ACCORDING TO TSH THERE IS A SALE (FINAL) OF BULUGAN LAND FOR RM221 MILLIONS FOR FINAL 13,338 ACRES OR 38 SEN PSF


IF SOLD BY AUG 4 2024 LATEST CUTOFF DATE THEN WE WILL SEE RM221 MILLIONS IN AND PROFIT WILL BE 18 SEN PER SHARE


PERHAPS TSH WILL GIVE ANOTHER SPECIAL DIVIDEND LIKE IT DID BEFORE


See





LISTEN NOW


Seth Klarman Quote: “Value investing is the discipline of buying shares at a significant discount from their current underlying values and holding them until more of their value is realised. The element of a bargain is the key to the process.”

TSH NOW RM1.14 (REAL TIME)


SEE BY YEAR END IF TSH WILL CROSS RM1.50 TO RM2.00


IN AUG 17 2024 IKN NUSANTARA WILL BE LAUNCHED OFFICIALLY


OCTOBER 2024 PRESIDENT PROBOWO WILL BE THE NEXT PRESIDENT OF INDONESIA

LIKE TSH OWN 94,700 ACRES IN IKN NUSANTARA PRESIDENT PROBOWO ALSO A BIG LAND HOLDERS IN EAST KALIMANTAN



WITH KIND REGARDS


Calvin Tan


Please buy or sell after doing your own due diligence or Consult your Remisier/Fund Manager

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TSH RESOURCES (9059) AN IMMEDIATE LOOK AT ITS VALUE & CURRENT PROSPECTS, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-02-story-h-155174342-TSH_RESOURCES_9059_AN_IMMEDIATE_LOOK_AT_ITS_VALUE_CURRENT_PROSPECTS_Cal

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