Dear friends of i3 Forum

They say, "Success begets Success!"

Yes! Today Jtiasa gone up after it posted its Record Surplus Cash of Rm108 Millions for the very first time in its history

And like INNO - JTIASA will turn into a Palm Oil Dividend Cash Cow

And right at the heel of Jtiasa - TSH RESOURCES also declared "An Interim Dividend" of 2.5 sen (Following in the footsteps of INNO & JTiasa

COMPUTER HANG

Due to HIgh Search Traffic in i3 WEbpage

Please come back again for more Vital Facts on TSH "YOU MUST NOT MISS"!!!

To be continued.....

Now let us take a look at TSH Latest Balance Sheet

Cash and bank balances 

RM218,827,000 (Latest)

Rm250,138,000 (Before)

Cash has gone down by Rm31.311 millions

Now look at borrowings

Loans and Borrowings (Non current)

Rm 71,486,000 (Now)

Rm 110,963,000 (Was)

So borrowings less by Rm39,477,000

So Borrowings grew even lesser compared to cash

Loans and Borrowings (Current)

 Rm181,217,000 (Now)

Rm 191,157,000 (Was)

Current loan also paid down by Rm9.94 Millions

SO ITS LOANS LESS BY RM49,417  MILLIONS WHILE CASH ONLY DROP BY RM31.311 MILLIONS

THAT MEANS THIS QTR TSH HAS FURTHER PARED DOWN BORROWINGS BY RM18.1  MILLIONS

FANTASTIC ALL ROUND IMPROVEMENTS 

NOW SEE SOMETHING

Investment securities

RM 64,881,000 (Current)

RM28,094,000 (Past)

SO TSH HAS PUT CASH INTO INVESTMENT SECURITIES BY EXTRA RM36.78 MILLIONS

OR ABOUT 2.6 SEN CASH PER SHARE

(This Rm64.881 Millions Total In Investment Securities can be liquidated as Cash for another dividend if need arises!

And Rm64.881 Millions = 4.7 Sen Cash

SO TSH IS NOW VERY CASH RICH

AND SEE FURTHER

Inventories (stored CPO)

Rm 104,952,000 (CURRENT)

Rm 93,718,000 (PAST)

SO TSH Has Stored more Palm Oil Inventories by EXTRA RM11.234 MILLIONS (CASH IN STORAGE AS PALM OIL

AND PRICE OF CPO NOW VERY HIGH. SO TSH WILL REAP A HIGHER PROFIT

IF WE TAKE RM104.952 MILLIONS STORED CRUDE PALM OIL AT FACE VALUE

IT WILL BE ANOTHER 7.6 SEN CASH

So there is A Potential Extra  4.7 Sen + 7.6 Sen

= 12.3 Sen "Cash Reserved" For Dividends For Year 2025 (Excluding Operations or any other possible Assets disposal)

After 5 years TSH BOD has done a fantastic job of paring down its Rm1.46 BILLIONS DEBT Until Such a Healthy Balance Sheet

Thus now is the time to be optimistic. It has declared a first interim dividend of 2.5 sen making it a total of 5 sen for this year of 2024

See TSH RESOURCES DIVIDEND CHART

At Rm1.17 with 5 Sen dividend. The yield is 4.27%

Better than Bank FD

And we expect Dividends to follow INNO & TIASA EXAMPLES

SEE INNOPRISE PLANT

INNO Paid a Total of 12.05 sen dividend

FONG SILING AKA COLD EYE IS IN TOP 30 OF INNO

JTIASA

IT PAID A TOTAL OF 6 SEN DIVIDEND

Latest Balance Sheet shows JTIASA Has NET CASH OF RM108 MILLIONS

With Warm Regards

Calvin Tan

Please buy or sell after doing your Own Due diligence or Consult Your Remisier/Fund Manager

NOTE

COLD EYE BOUGHT INNO WHEN HE SAW ITS HIGH DIVIDENDS

COLD EYE ALSO SEE SAME HIGH DIVIDENDS FROM JTIASA AS WELL (HE BOUGHT 12 MILLION JTIASA SHARES

WILL COLD EYE TAKE POSITION IN TSH RESOURCES?

It remain to be seen

But when People See People Chase (Like Chasing Jtiasa)