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Stock
2023-09-12 20:37 | Report Abuse
Keep in mind.
1. Great minds talk about ideas
2. Good minds talk about things
3. Weak minds talk about people
:-)
Stock
2023-09-12 17:10 | Report Abuse
YEAR …. ADJ DPS(SEN) …. ADJ EPS(SEN) …. ADJ YEPX
2009 …. 1.67 …. 4.42 …. 0.66
2010 …. 1.67 …. 6.37 …. 0.94
2011 …. 2 …. 9.67 …. 1.27
2012 …. 2.33 …. 6.86 …. 1.45
2013 …. 1.67 …. 9.58 …. 2.01
2014 …. 2.33 …. 9.83 …. 2.31
2015 …. 2.5 …. 6.39 …. 1.96
2016 …. 2 …. 6.49 …. 1.86
2017 …. 2 …. 5.55 …. 1.65
2018 …. 2 …. 2.48 …. 0.99
2019 …. 1 …. 2.45 …. 1.54
2020 …. 1 …. 4.73 …. 1.15
2021 …. 1.5 …. 6.5 …. 1.08
2022 …. 11 …. 11.50 …. 1.07
Total cumulative EPS 81.32
Total Cumulative DPS 34.67
DPO Ratio 42.6%
Stock
2023-09-12 16:01 | Report Abuse
The price of this stock spiked in April 2023. It was "played up" with the news a new shareholder was buying into this stock.
In retrospect, what happened in April 2023 which led to its price spiked up. It spiked and quickly withered away as quickly too.
Timeout
2023-09-12 15:40 | Report Abuse
If you wish to bounce some ideas on your stock pick, you may wish to post them here for sharing.
News & Blogs
2023-09-12 13:44 | Report Abuse
As long as Anwar remains focussed on the reform agenda, some of these compromises maybe necessarily tolerated. The path to achieving these higher goals ain't going to be smooth.
Stock
2023-09-12 13:38 | Report Abuse
Simple calculation:
From 2009 to 2023:
Its share price has risen from RM 0.75 in 2009 to RM 4.22 today = price gain of RM 3.47.
Its shareholders would have received at least RM 1.112 in dividends.
Those who invested at RM 0,75 per share and held onto their shares all these years, would have realised RM 3.47 + RM 1.112 = RM 4.582 in gains.
Thus, for these shareholders, PBB is a multibagger stock. (RM 4.582/ RM 0.75 = 6.1x)
Be long term greedy.
Stock
2023-09-12 13:30 | Report Abuse
DPS, EPS and Year End Price are adjusted for capital changes
YEAR …. DPS(SEN) …. EPS(SEN) …. YE Price RM
2009 …. 2.7 …. 7.53 …. 0.75
2010 …. 3 …. 9.27 …. 1.09
2011 …. 4 …. 11.51 …. 1.09
2012 …. 6 …. 14.59 …. 1.85
2013 …. 8 …. 12.98 …. 1.81
2014 …. 11.5 …. 13.82 …. 1.46
2015 …. 10 …. 12.19 …. 1.87
2016 …. 11.5 …. 20.88 …. 2.55
2017 …. 11.5 …. 23.4 …. 5.28
2018 …. 11.5 …. 22.79 …. 3.51
2019 …. 11.5 …. 24.04 …. 3.24
2020 …. 2.5 …. 10.9 …. 2.88
2021 …. 5 …. 8.5 …. 2.8
2022 …. 12.5 …. 22.95 …. 3.35
From 2009 to 2022:
Cumulative total EPS = 215.35 sen
Cumulative total DPS = 111.2 sen
DPO ratio = 52%
General
2023-09-12 10:35 | Report Abuse
It is very important to know the DY of a share as this figure provides us with a direct comparison against the return we can get from other form of investments such as fixed deposit. The return we can expect from a share should bear some relationship to the return on alternative forms of investment. Very generally speaking, the DY of share one would want to invest in typically falls roughly within the range of 2-6%. Investors should not buy share with DY of less than 2% except in exceptional circumstances such as cyclically low dividend year or very fast growing companies.
Stock
2023-09-12 09:48 | Report Abuse
>>>>
>>>>
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
1H 2023 Financial Result for TSH
1H2023 …. Rev (RM ,000) …. Net Prof (RM ,000) …. EPS (sen) …. Div (sen) …. NTA (RM)
1H 2023 .... 506,868 .... 39,990 .... 2.90 .... 0.00 .... 1.513
18 hours ago
>>>>
The last 3 qtrs, the qtrly EPS showed a downtrending pattern.
The 1H of 2023, TSH delivered EPS of 2.9 sen per share.
Annualising this to project its EPS for this whole year of 2023 = 2 x 2.9 sen = 5.8 sen per share.
Its NTA is RM 1.513 per share.
Thus, its ROE = 5.8 / 151.3 = 3.83%.
I usually like for companies with ROE of 15% or more.
In any case, a company with an ROE of 3.83% and NTA of RM 1.513 per share, what is its fair value in these various scenarios:
1. when you seek returns = to risk free treasury bond rate of 5%?
2. when you seek returns = 10% per year?
3. when you seek returns = 15% per year?
Does calvintaneng's irrational price of RM 4.00 make much sense? How does he justify this?
Do you know why some businesses trade below their NTA values and some businesses trade a premium above their NTA values?
>>>>
The average long term cost of funds is about 6% to 8%. You should at least look for companies with ROEs that are reasonable. ROE gives us an idea how well the managers are utilising the assets of the company in generating profits.
General
2023-09-12 09:34 | Report Abuse
Ideally, the DPS of a share is best both stable and growing. In that case, we would know that this share will provide reliable return.
We can use DY for comparing companies in the same business. If the DY and its trend of a company are better than its peers in the same industry, we can say that it would seem to represent better investment value.
General
2023-09-12 09:32 | Report Abuse
Exceptionally high DY may not be maintainable as it is often caused by a temporary phenomenon If the share has a reasonably narrow DY range, a high current DY is indicative of current low price.
General
2023-09-12 09:25 | Report Abuse
Dividend Yield
Dividend Yield (DY) is computed by dividing the DPS by the Market Price. This shows the current return one can obtain in buying a share. The unit is percent per annum as with all return computations.
It is very important to know the DY of a share because this figure provides us with a direct comparison against the return we can get from one year fixed deposit (The average for the last 10 years is about 4%). The return we can expect from a share should bear some relationship to the average return on fixed deposit.
Very generally speaking, the DY of share we want to invest in ought to fall roughly within the range of 2-6%. Investors are willing to accept lower DY for shares with faster growing DPS/EPS and vice versa. We ought to buy shares with DY of less than 1.5% only in exceptional circumstances.
Dividend is inherently a much more stable figure than EPS and for most companies, the variability from the long term trend is small. As a result, DY is a useful judge of the investment value of a share taken in consideration with its ROE. As a general guide, the better the ROE and DPS growth rate, the lower can be the DY at which we can invest in the share.
Stock
2023-09-11 22:35 | Report Abuse
My intrinsic value for Padini is RM 6.00 per share!
Stock
2023-09-11 22:32 | Report Abuse
PADINI Financial Information
Learn how to use the financial indicators
Market Capital (RM) : 2.599b
EPS (cent) : 33.85 Business+ :
Number of Share : 657.91m
P/E Ratio : 11.67 YoY Score :
TTM Revenue : 1.822B
ROE : 21.42%
QoQ Score :
TTM Profit : 222.69M
Dividend (cent) : 11.500 ^
Debt/Asset Ratio :
TTM Profit Margin : 12.2%
Dividend Yield : 2.91%
Net Cash (RM) :
CAGR - Revenue : 1.7%
Dividend Policy :
Net Cash/Share (RM) :
CAGR - PAT : 4.6%
Dividend Payout :
Equity Growth :
NTA (RM) : 1.580
P/B Ratio : 2.50
Free Cash Flow (cent) :
Stock
2023-09-11 17:06 | Report Abuse
Jaya Tiasa
This is a company that is difficult to value. Accordingly, how to invest intelligently. Look for another.
Stock
2023-09-09 16:41 | Report Abuse
>>>>
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
1H 2023 Financial Result for TSH
1H2023 …. Rev (RM ,000) …. Net Prof (RM ,000) …. EPS (sen) …. Div (sen) …. NTA (RM)
1H 2023 .... 506,868 .... 39,990 .... 2.90 .... 0.00 .... 1.513
18 hours ago
>>>>
The last 3 qtrs, the qtrly EPS showed a downtrending pattern.
The 1H of 2023, TSH delivered EPS of 2.9 sen per share.
Annualising this to project its EPS for this whole year of 2023 = 2 x 2.9 sen = 5.8 sen per share.
Its NTA is RM 1.513 per share.
Thus, its ROE = 5.8 / 151.3 = 3.83%.
I usually like for companies with ROE of 15% or more.
In any case, a company with an ROE of 3.83% and NTA of RM 1.513 per share, what is its fair value in these various scenarios:
1. when you seek returns = to risk free treasury bond rate of 5%?
2. when you seek returns = 10% per year?
3. when you seek returns = 15% per year?
Does calvintaneng's irrational price of RM 4.00 make much sense? How does he justify this?
Do you know why some businesses trade below their NTA values and some businesses trade a premium above their NTA values?
News & Blogs
2023-09-09 16:00 | Report Abuse
Good reading.
Stock
2023-09-09 13:47 | Report Abuse
TONGHER Financial Information
Market Capital (RM) : 409.32m
EPS (cent) : 24.95
Number of Share : 157.43m
P/E Ratio : 10.42
ROE : 6.95%
Dividend (cent) : 20.000 ^
Dividend Yield : 7.69%
NTA (RM) : 3.590
P/B Ratio : 0.72
Stock
2023-09-09 13:43 | Report Abuse
High PEs of Tongher
2009 34.7x
2012 34.7x
2015 64.07x
2019 34.67x
Low PEs of Tongher
2011 6.03x
2013/14 6.09x
2017 5.17x
2021/22 5.08x
Stock
2023-09-09 13:34 | Report Abuse
Tongher continues to deliver good dividends yearly. To profit from investing in this stock, just do not buy when it was obviously high priced (corresponding to time of high EPS and low PE ratio)
Stock
2023-09-09 13:31 | Report Abuse
From 2009 to 2023, its price was highest of 4.48 per share in 2017 and lowest of 1.23 per share in 2020.
At average dividend of 14.6 sen per year, the high DY was 11.9% (assuming you bought the share at the lowest price of RM 1.23 per share) and the low DY was 3.36% (assuming you bought at the highest price of RM 4.48 per share)
How to time your buying and selling of Tongher, a cyclical stock?
Stock
2023-09-09 13:15 | Report Abuse
How do you invest in Tongher?
From 2009 to 2023
Tongher's earnings were cyclical.
During this period, its EPS peaked in 2010, 2014, 2017/18 and 2022.
Its PE similarly showed cyclical pattern: lower PEs in 2011, 2013/14, 2017and 2021.
During this period, its earnings were lowest in 2009, 2012, 2015 and 2019.
Its PE was highest in 2009, 2012, 2015 and 2019.
From 2009 to 2022 (14 years),
its cumulative total EPS was 334.08 sen or averaging 23.9 sen per year
its cumulative distributed EPS was 205 sen or averaging 14.6 sen per year.
Its DPO ratio = 61.4%.
The price chart of Tongher during this period is also very interesting and characteristically cylical. The price chart followed the cyclical pattern of the EPS chart (price was high when EPS was high), and the pattern exhibited the opposite of the PE chart (price was high and PE correspondingly was low).
General
2023-09-09 08:56 | Report Abuse
Chapter 20 - “Margin of Safety” as the Central Concept of Investment
A single quote by Graham on page 516 struck me:
Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.
Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.
This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?
Stock
2023-09-09 08:42 | Report Abuse
>>>
Posted by SEE_Research > 6 minutes ago | Report Abuse
FULLY EXPOSED
Lapsap longkang fella who had badly speculated a panjang longkang list of 9 plantation stocks are fully exposed with his mouse tail that protrude
CLEARLY WITH IS TOTAL LOSSES , WHAT EVER IT MAY BE ( PAPAER LOSSES ) ARE HUMONGOUS AT RM 1,185 ,470 .00 CHEERS TO HIM FROM HIS 50 DISGRUNTLED FOLLOWERS.
>>>
Always look at risks of the stock. By eliminating or minimising the risks, the upside take care of itself.
Stock
2023-09-09 08:14 | Report Abuse
>>>>
Posted by Johnzhang > 2021-11-24 12:45 | Report Abuse
Calvin, TSH is awarded the concession to rehabilitate about 123,000 ha forest land . So far only about 30,000 ha has been rehabilitated up to end of last year. The biological assets value are the fair value of all tree planted on these 30,000 ha which can be harvested when they mature one day . Once the assets already reflecting current fair value (thru fair value changes on qtrly basis) , there is no gain when they are harvested and sold .
You must understand that biological assets is simply just another class of asset.
calvintaneng
51,088 posts
Posted by calvintaneng > 2021-11-24 13:01 | Report Abuse
Yes,
But the balance of 93,000 hectares also got a value as TSH called it "Rights of Use Assets" with 100 years lease
Right of use assets book value is Rm292 Millions
What is the current market value? As in all Assets - Right of Use Assets also can be revalued & sold
Johnzhang
2,887 posts
Posted by Johnzhang > 2021-11-24 13:54 | Report Abuse
Calvin,
I don’t think there is any commercial value to the un-rehabilitated forest land . I am not privy to the concession agreement and can’t confirm if the concession is even transferable. But I seriously doubt it is transferable!
The concession is only the rights to cultivate timber tree for later harvest. The concession land , which I believe is non transferable, is NOT an asset to the company. Consequently, we don’t see it being reported in the list of assets in the annual report .
Sarawak government has cancelled quite some forestry concession and threaten to withdraw more if the awarded companies fail to comply to the rate of forest rehabilitation.
The right of use assets in the book are for all the leasehold oil palm lands in Indonesia . Domestic and foreign company can only hold leasehold or right to use property in Indonesia. The lease in Indonesia is always very short , 20-40 years only. In the case of TSH, the lease is for 35 years and all leases are expiring in 2040-2046 ie 20 years time . Consequently, the value of the land will continue to depreciate as the renaming lease get shorter. Extension of lease to foreign company in Indonesia is a big question mark! Don’t expect land appreciation for TSH!
novice2020
133 posts
Posted by novice2020 > 2021-11-24 14:01 | Report Abuse
@Johnzhang, Thanks for your clear explanations stated above. Also agree with you that it is more accurate to evaluate the performance of the company based on PE rather than EPS. There are certainly many plantation companies with better PE based on 3rd Quarter results. And prospective PE based on the full year results.
Johnzhang
2,887 posts
Posted by Johnzhang > 2021-11-24 14:08 | Report Abuse
I evaluate TSH solely for its oil palm business. If you include the timber business in the equation, there are a lot more issues such as state policy , long term timber products price , cost of production , gestation period , etc to be looked into , which entails very different discussion.
calvintaneng
51,088 posts
Posted by calvintaneng > 2021-11-24 14:44 | Report Abuse
Johnzhang Calvin,
I don’t think there is any commercial value to the un-rehabilitated forest land . I am not privy to the concession agreement and can’t confirm if the concession is even transferable. But I seriously doubt it is transferable!
No. These lands are not transferable but only the remaining years of "Rights" could be sold
The company has to register these lands under different sub entities that got the Rights
So they can be sold as sub companies
This was how many Bumi and non bumi entities get Govt allocated "concession lands at nominal sums and do nothing themselves. They either "rent out these lands for a yearly fee for others or out right sale of these separate companies if price is right
>>>
Good sharing by one who is more knowledgeable than the promoter on land matters in Indonesia. This add values to this discussion and to this forum. Thanks.
Stock
2023-09-09 08:11 | Report Abuse
>>>
Posted by stockraider > 2021-12-12 16:43 | Report Abuse
Correctloh...just ignore the TSH land sales profit...which has not even materialize loh, now still pending due diligence findings mah!
Posted by Investorrr > Dec 12, 2021 11:11 AM | Report Abuse
if long term investments, better hope and forecast into TSh 's core earnings only.hope for consistently palm oil price above rm5k per ton for 1st half in 2022.The land sales profit is just a one time profit.
>>>
Agreed totally. An intelligent investor should that this into account in his valuation of this company.
Stock
2023-09-09 08:06 | Report Abuse
>>>>
Posted by th1216 > 2022-01-18 22:27 | Report Abuse
>>>>
hi calvin, i would like to join your whatsapp group on palm oil too ..
calvintaneng
51,088 posts
Posted by calvintaneng > 2022-01-19 01:00 | Report Abuse
The is Teong Hee
Welcome welcome
anyone genuine investor of palm oil shares just whataspp freely this number 0146101668
Posted by vpn388 > 2022-01-21 13:13 | Report Abuse
Calvin,
What's the difference of joining your Whatsapp group? I don't see much difference... It's it disappointing? It's a waste of phone space, right?
Why won't you tell the targeted buying price, selling price and their dates? This time I'll make you feel more comfortable and won't blame you if you fail/ inaccurate. Do you feel better now? Let me trust you that you are not misleading people for your own advantage.
Let's reply here. And please be clear this time. Thank you
Posted by vcinvestor > 2022-01-21 13:50 | Report Abuse
why do i need to join the whatsapp group if every morning i see 5-10 forum posts by calvintaneng on palm oil...
>>>>
Are you in the whatsapp group? Do you find this whatsapp group useful?
Stock
2023-09-09 08:00 | Report Abuse
>>>
Posted by calvintaneng > 2022-02-21 21:11 | Report Abuse
Velocityy
Calvin thinks palm oil Bull run is just starting
Long way more up to go
Calvin expects to see Tsh gives 300% to 500% profits for all who can buy and hold tightly for all the value to be unlocked
>>>>
CPO historical price movement
Low price in April 2020.
Climbed to its highest and peaked in April 2022.
Tumbled from this peak price down to its trough in October 2022.
TSH historical share price
Rose from RM 1.10 in Jan 2022
Peaked at RM 1.80 in April 2022
Dropped back to 96 sen in July 2022.
Stock
2023-09-09 07:56 | Report Abuse
>>>>
Posted by calvintaneng > 2022-03-02 09:31 | Report Abuse
Buy hold till Rm2.00
Then?
Hold till Rm3.00
Then?
Still hold on till Rm4.00
Then?
Still hold on till a blue chip over Rm10.00
Possible ?
Hohoho!!!
....
Posted by calvintaneng > 2022-03-04 15:50 | Report Abuse
Last time tsh was Rm1. 96 when it took private Ekowood at 40 sen
Now Tsh only rm1. 76
Less 40 sen for Ekowood Tsh only Rm1. 37 real cost
When ijmplant was rm4.00 Tsh was also rm4.00 last palm oil bull
Klk took ijmplant private at Rm3.10
Now in real time Tsh should be at least Rm2. 50 (ex one for two bonus)
Tsh below rm2.00 just buy as much as you can afford
.....
Posted by calvintaneng > 2022-03-04 08:45 | Report Abuse
Tsh Insiders' are mopping up cheap Tsh shares
The longer you delay the less Tsh share will be in the market and the higher price you must pay
Tsh won't wait for you
You don't wait to buy Tsh
You buy Tsh and wait
....
Posted by calvintaneng > 2022-03-07 14:57 | Report Abuse
Just stay in Tsh now best
Insider boss bought at Rm1.69 last Friday
The new benchmark of value
Anything below Rm1.69 just take
Definitely big things yet ahead
....
Posted by calvintaneng > 2022-03-07 17:43 | Report Abuse
RM1.674
TSH BOSS BOUGHT 200,000 SHARES OF TSH AT ABOVE PRICES
NO NEED PANIC
BE STEADY. VERY STEADY
BIG THINGS ARE YET AHEAD.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3240515
.......
>>>>>>>>>>>
Taking comfort from the actions of insiders!
Stock
2023-09-09 07:33 | Report Abuse
Surely, there are valuable lessons we can learn from observing the behaviour of fellow "investors".
Thanks for the education.
Good morning.
Stock
2023-09-09 07:31 | Report Abuse
>>>>
51,088 posts
Posted by calvintaneng > 2022-05-04 20:35 | Report Abuse
Wallstreetrookie
Why do you wait until Oct 2022 when Tsh would have reached Rm4.00 to enter?
......
Posted by calvintaneng > 2022-05-05 10:08 | Report Abuse
Good morning
Value investing champion is Warren Buffet and certainty not dead
Moneyontheway
Klk has exceeded it's all time historic high which Tsh has not reach it's previous high of Rm2.60 (after ex bonus one for two free at Rm4.02)
So long way up more
>>>>>>
Stock
2023-09-09 07:29 | Report Abuse
>>>
Posted by calvintaneng > 2022-05-01 17:54 | Report Abuse
For long term investing we don't bother with short term sentiment or price fluctuation now
So we will continue to buy on weakness irrespective of how market behaves
......
Posted by sunnyspoon > 2022-05-02 01:16 | Report Abuse
Bought TSH at Rm 0.90,sold all at Rm 1.83 good profit, will buy back again after Indonesia lifts the ban.
calvintaneng
51,088 posts
Posted by calvintaneng > 2022-05-02 05:59 | Report Abuse
Sunnyspoon
Your words revealed your heart's intention : you have bought cheap and sold out all at a good price
Now for your own selfish and personal reason you come back to spread doubt and fear to cause weak hands to sell so that you hope to get in cheap again?
Is this ethical ? You got conscience?
For sake of your own gain you want to betray your fellow investors whose hope you once had when you bought cheaper and now made double
Since you already sold about Rm1.80 you should wish those who took over from you above Rm1.80 to also make some
This is the law of doing to others what you would others to do to you
>>>>
Stock
2023-09-09 07:27 | Report Abuse
>>>>
Posted by calvintaneng > 2022-04-29 15:24 | Report Abuse
Wait till May 2022 great results out
Then the rise will turn effortless and unstoppable by "dirty IB BANKERS" pressing down
Tsh shall rise up!!!
TO CALVIN TSH NOW IS A GREAT VALUE BUY AMONG ALL 42 PLANTATION STOCKS LISTED IN KLSE
......
Posted by calvintaneng > 2022-04-30 11:52 | Report Abuse
Don't bother with IB call warrants as Tsh Resources strong fundamental and explosive cash windfall from assets disposal plus earnings from high Cpo prices will surely and steadily to it's historic high Rm4.02 again
Yes Calvin's stronger buy call is Tsh resources by virtue of it being the laggard now
........
Posted by calvintaneng > 2022-04-30 21:11 | Report Abuse
No Aeon
Palm oil cpo over Rm7000 per ton so we are in palm oil superbull
Warren Buffet said if he is out looking for a 7 footer a 5.5 feet won't do
What he meant is this
If you are out looking for a man 7 feet tall a person only 5.5 feet will not do
So palm oil is offering 200% or more profit while is a mediocre at only 6% to 8% real profit
sunnyspoon
339 posts
Posted by sunnyspoon > 2022-04-30 21:36 | Report Abuse
Indonesia still ban on exporting palm oil. Until when don't know, 3 months may be 6 months, TSH price can go anyway. More will sell again
calvintaneng
51,088 posts
Posted by calvintaneng > 2022-04-30 21:42 | Report Abuse
Do you know ?
Palm fruits unlike canola or sunflower are harvested every two weeks
As such the storage capacity will be full in just one month as fruitful times are here plus Indonesia got abundant workers
Storage capacity will overflow and Indonesia will still have to export again
Now we already know next month in May 2022 Results will include sale of Sabah lands worth Rm248 millions
>>>>>
Stock
2023-09-09 07:22 | Report Abuse
>>>>
Posted by calvintaneng > 2022-04-25 10:55 | Report Abuse
Just hold tight
Few more weeks
Tsh will report a very nice profit from Sabah land sale of 7.56 sen
Plus earnings from operation and remeasurement gain of 21.95% from inno the profit is double digits
Policy is to give 60% dividend from profit
SURE THOSE SELL TOO EARLY WILL REGRET LATER
THOSE WHO HOLD WILL BE RICHLY REWARDED
NAYSAYERS WILL GNASH THEIR TEETH
WE WILL REJOICE AND BE HAPPY
.....
Posted by calviniswrong > 2022-04-25 12:56 | Report Abuse
TSH Resources Berhad is currently the most overbought stock by retail investors. Which means TSH is now the weakest plantation stock. Price target is RM0.80
Too many retail investor will keep dropping
calvintaneng
51,088 posts
Posted by calvintaneng > 2022-04-25 13:52 | Report Abuse
the entity behind this spammer telling people about 80 sen is just too foolish
Director Tan Aik Pen already bought 16 million shares at average price of Rm1.643
and his total cost is over Rm26 millions on margin at 7% to 13% interest rate
So let all bear this in mind that Insider bosses are very bullish on Tsh resources
.....
Posted by calvintaneng > 2022-04-25 16:20 | Report Abuse
Calvin operasi tong sampah now on
see which weak holders will let go cheap
//////
Posted by calvintaneng > 2022-04-25 18:07 | Report Abuse
Wall street rookie
Calvin is full of 101% confidence in Tsh and bought more today
.......
Posted by calvintaneng > 2022-04-25 18:18 | Report Abuse
Last time already got 30% retention for domestic market and after that it was lifted
So Matter of time policy will change again
But export of palm oil is not our main focus in Tsh
Our main focus is in its 5 gold mine lands
in bulungan Regency
Sale of over 30,000 acres will bring in Rm712 millions
And that will be 31 sen profit
After that still got 4 pieces of prime lands in Kutai/Nusantara new Capital of indonesia with 94,700 acres more than half the size of Singapore landmass of 180,000 acres
Tsh cost of investment as low as 13 sen pdf
If sold will unleash huge profits
so we invest longer term
Those who cannot wait and feel itchy may sell and go punt others
As for Calvin he will hold tight tight and buy more on weakness
.......
Posted by calvintaneng > 2022-04-28 17:01 | Report Abuse
Hi guys
Calvin managed to buy some Tsh at Rm1.67 today
looking for more bullets to buy Tsh on weakness again
Must thank all naysayers causing fearful hands to throw cheap to Calvin and friends
Terima Kasih
kamsiah
Arogato gonsaimas
>>>>>>>>>>>>
Stock
2023-09-09 07:09 | Report Abuse
<<<<<<<
Posted by calvintaneng > 2022-02-24 19:10 | Report Abuse
Rm1.60 only?
Hold tight till Dec 2022 and expect Rm2 to Rm3 target my friend
----
Posted by Goldgent > 2022-03-11 09:16 | Report Abuse
TSH chairman Kelvin consistent buy in the past 2 weeks.
TAN AIK PEN 10-Mar-2022 Acquired 150,000
TAN AIK PEN 09-Mar-2022 Acquired 200,000
TAN AIK PEN 08-Mar-2022 Acquired 200,000
TAN AIK PEN 07-Mar-2022 Acquired 200,000
TAN AIK PEN 04-Mar-2022 Acquired 200,000
TAN AIK PEN 03-Mar-2022 Acquired 1,000,000
TAN AIK PEN 02-Mar-2022 Acquired 1,500,000
TAN AIK PEN 28-Feb-2022 Acquired 2,500,000
TAN AIK PEN 25-Feb-2022 Acquired 2,000,000
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Posted by calvintaneng > 2022-04-06 16:19 | Report Abuse
Thought today no more below Rm1.70?
But managed to grab some at Rm1.69
Queueing more to buy on weakness now
This may well be our final chance to get below Rm1.70
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Posted by calvintaneng > 2022-04-18 00:31 | Report Abuse
Superbull is now confirmed
1. in few weeks time both Sunflower oil and canola oil will be depleted
Soyoil already powered above 78 sen (was 25 sen not long ago)
So Cpo prices will rise up to cross Rm7000 per ton again solidly
This is an engine of growth for Tsh
The second engine of growth will be the sale of Sabah lands to be reported next month
then sale of Bulugan Regency land will come plus the Spectacular Explosive Bonanza if any one piece of Nusantara land is sold will propel Tsh to over Rm3 or Rm4 easily effortlessly
++++++++
Posted by calvintaneng > 2022-04-24 17:00 | Report Abuse
Tsh does not depend on palm oil operation in Indonesia anymore as it has a change of fortune
Tsh hit 5 jackpots
One Bulugan estates sold Rm712 Mil to earn 31 sen a share
4 more in Nusantara if sold then Tsh will rise to Rm10 easily
______
Posted by calvintaneng > 2022-05-02 23:06 | Report Abuse
Warren Buffet said
"Be greedy when others are fearful"
smart hands buy in fear not chase during euphoria
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Posted by calvintaneng > 2022-05-07 23:13 | Report Abuse
Happy weekend till year end hold TSH tightly
Canola oil at world record
https://tradingeconomics.com/commodity/canola
TSH GOING TO RM4.00 IS A GIVEN
ANYTHING BELOW RM2.00 FOR TSH JUST COLLECT AS 100% PROFIT IS EXPECTED FOR ALL HOLDERS
______
>>>>>>>>
Stock
2023-09-09 06:45 | Report Abuse
>>>>
calvintaneng
Publish date: Sat, 21 May 2022, 03:28 PM
Dear friends,
We are very happy to do another write up again on Tsh Resources
Things are getting very clear as we move forward
And these are some salient factors
1) TSH RESOURCES IS VERY UNDERVALUE
Tsh has 80% palm oil estates in Indonesia.
So is Bumitama with 100% Palm oil estates in Indonesia & Goldenagri also got majority palm oil estates in Indonesia
Latest news tell us that Indonesia has uplifted Palm oil export ban
Now we bought TSH at Rm1.10, Bumitama at 46 sen (Spore) & Goldenagri 14 sen (Spore)
Of of now TSH is up 30%, Bumitama up 60% & Goldenagri up by more than 100%
Since Indonesia has a higher levy & export tax and yet both Bumitama & Goldenagri up 60% to 100% we deem the price of TSH too cheap to ignore
TSH Now Rm1,45
Our Target Price Rm4.00 (One year)
See by May 31st 2023 TSH will have reached Rm4.00 or not
Best regards
Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-05-21-story-h1623337280-TSH_RESOURCES_9059_A_PALM_OIL_STOCK_WITH_GOOD_CLARITY_PROSPECTS_INSIDER
>>>>
Stock
Stock
2023-09-09 05:58 | Report Abuse
>>>>
TSH historical share price
From 2021 to now, its share price hovered for the most part within the range of RM1.23 to 92 sen, except for a short few months period from Jan 2022 to July 2022, when its price rose from RM 1.10 in Jan 2022 to peak at RM 1.80 in April 2022 and back to 96 sen in July 2022.
calvintaneng was promoting this stock very aggressively and enthusiastically when its price was at RM 1.78 then.
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CPO historical price movement
Low price in April 2020.
Climbed to its highest and peaked in April 2022.
Tumbled from this peak price down to its trough in October 2022.
TSH historical share price
Rose from RM 1.10 in Jan 2022
Peaked at RM 1.80 in April 2022
Dropped back to 96 sen in July 2022.
Stock
2023-09-08 18:02 | Report Abuse
From years 2013 to 2022, TSH has
-Total EPS of 93.8 sen per share
- Distributed 29 sen per shares as dividends.
DPO ratio = 30.9%
Stock
2023-09-08 17:53 | Report Abuse
For FYE 2022, its PBT income was 507 m.
Of this, the non-operating income was 316 m.
Its EPS for FYE 2022 was 33.14 sen.
I calculated its normalised EPS (excluding the non-operating income) to be 12.48 sen per share for the FYE 2022.
Will its normalised EPS be better or worse than this for FYE 2023?
Stock
2023-09-08 17:35 | Report Abuse
It is always better to own a quality company at fair price than to own a lousy company at bargain price. This applies to those who like to own companies for the long term.
Stock
2023-09-08 17:34 | Report Abuse
Caveat emptor. My fair value maybe absolutely wrong.
At price of 99 sen per share, its market cap today is 1.36 billion. Its PE ratio 3.99. Its DY 2.53%.
This DY cannot be sustained as the company paid a special dividend to reward its shareholders from the profit of sale of its assets, and this is non-recurrent.
As for the PE of 3.99, this low PE reflects the sentiment in the market that its future earnings will normalise in the future. Its 1H 2023 EPS is 2.90 sen. Annualise this, the EPS for the whole year maybe 6 sen. At 99 sen per share, its PE will be 99/6 = 16.5x.
Note that its earnings for the latest 3 qtrs showed a declining trend in the EPS.
Stock
2023-09-08 17:27 | Report Abuse
I thought the fair value for this stock should be around RM 1.00 and with the need to have a margin of safety of 30%, perhaps, will look at this stock when it is around 70 sen per share, for short term punting only.
Stock
2023-09-08 17:25 | Report Abuse
TSH historical share price
From 2021 to now, its share price hovered for the most part within the range of RM1.23 to 92 sen, except for a short few months period from Jan 2022 to July 2022, when its price rose from RM 1.10 in Jan 2022 to peak at RM 1.80 in April 2022 and back to 96 sen in July 2022.
calvintaneng was promoting this stock very aggressively and enthusiastically when its price was at RM 1.78 then.
Stock
2023-09-08 17:17 | Report Abuse
For its FYE Dec 2022
Non Operating Income RM 316 m (from sale of plantation asset)
Stock
2023-09-08 17:04 | Report Abuse
1H 2023 Financial Result for TSH
1H2023 …. Rev (RM ,000) …. Net Prof (RM ,000) …. EPS (sen) …. Div (sen) …. NTA (RM)
1H 2023 .... 506,868 .... 39,990 .... 2.90 .... 0.00 .... 1.513
Stock
2023-09-08 16:44 | Report Abuse
Quarterly results of TSH
Qtr …. Rev (RM ,000) …. Net Prof (RM ,000) …. EPS (sen) …. Div (sen) …. NTA (RM)
Q2 Jun 23 …. 256,570 …. 10,562 …. 0.77 …. 0.00 …. 1.513
Q1 Mar 23 …. 250,298 …. 29,428 …. 2.13 …. 0.00 …. 1.445
Q4 Dec 22 …. 283,384 …. 45,257 …. 3.28 …. 2.50 …. 1.378
Q3 Sep 22 …. 262,652 …. 258,428 …. 18.72 …. 8.00 …. 1.507
Q2 Jun 22 …. 424,413 …. 57,335 …. 4.15 …. 0.00 …. 1.286
Q1 Mar 22 …. 337,349 …. 101,864 …. 6.99 …. 0.00 …. 1.263
Q4 Dec 21 …. 328,350 …. 63,433 …. 4.6 …. 3.00 …. 1.189
Q3 Sep 21 …. 309,074 …. 45,078 …. 3.27 …. 0.00 …. 1.139
Q2 Jun 21 …. 307,414 …. 39,715 …. 2.88 …. 0.00 …. 1.082
Q1 Mar 21 …. 198,717 …. 20,783 …. 1.51 …. 0.00 …. 1.064
Q4 Dec 20 …. 195,241 …. 32,954 …. 2.39 …. 1.50 …. 1.053
Q3 Sep 20 …. 194,170 …. 24,068 …. 1.74 …. 0.00 …. 1.003
Q2 Jun 20 …. 210,566 …. 19,818 …. 1.44 …. 0.00 …. 1.083
Q1 Mar 20 …. 257,388 …. 2,254 …. 0.16 …. 0.00 …. 0.917
Stock
2023-09-08 16:40 | Report Abuse
TSH
FYE …. Rev (RM ,000) …. Net Prof (RM ,000) …. EPS (sen) …. Div (sen) …. NTA (RM) …. ROE
2022 …. 557,035 …. 462,884 …. 33.14 …. 10.50 …. 1.378 …. 24.0%
2021 …. 235,728 …. 169,009 …. 12.26 …. 3.00 …. 1.189 …. 10.3%
2020 …. 120,548 …. 79,094 …. 5.73 …. 1.50 …. 1.053 …. 5.4%
2019 …. 73,794 …. 44,034 …. 3.19 …. 1.00 …. 1.043 …. 3.1%
2018 …. 81,330 …. 40,099 …. 2.91 …. 1.00 …. 0.991 …. 2.9%
2017 …. 192,094 …. 113,968 …. 8.36 …. 2.00 …. 1.067 …. 7.8%
2016 …. 161,341 …. 56,521 …. 4.2 …. 2.00 …. 1.117 …. 3.8%
2015 …. -81,862 …. -98,997 …. -7.31 …. 2.00 …. 1.015 …. -7.2%
2014 …. 170,782 …. 125,489 …. 13.49 …. 2.50 …. 0.89 …. 15.2%
2013 …. 165,818 …. 153,098 …. 17.83 …. 3.50 …. 1.188 …. 15.0%
Stock
2023-09-08 08:37 | Report Abuse
Calvintan was bullish on TSH when it was priced around RM 1.80 per share. However, he never shared how he value TSH. What was his intrinsic value for TSH? Presumably at multiples of RM 1.80.
True to his style and past behaviour, he continues with his promotion of TSH, based on the value of its various assets, it sales of asset to pare down its humongous previous debts and the proximity of its land to Nusantara.
His style has not changed. Netx was going to benefit greatly from NFCP. Calvin spoke to Ms Penelope. That telephone call was so important, everyone must know of this. Netx used to do some job in laying for Telecom, they were supremely well placed to benefit. Alas, the business world is highly competitive. Alas. Another was GSB. GSB was going to sell a hotel for RM12 million. This meant GSB would be transformed into a fantastic company. He then shared various calculations that showed its price might go up many folds, just like he did in Netx.
Good morning.
My Golden Rule of Investing
2023-09-12 21:58 | Report Abuse
Some Plantation Stocks
YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 6.07 .. 18.29 .. 4.28
2010 13.3 .. 19.57 .. 4.54
2011 13.3 .. 22.63 .. 4.21
2012 12.12 .. 21.14 .. 3.99
2013 12.12 .. 19.34 .. 4.71
2014 20 .. 19.68 .. 4.8
2015 9 .. 14.25 .. 4.46
2016 8 .. 14.3 .. 4.4
2017 9.5 .. 16.93 .. 4.54
2018 20.5 .. 15.41 .. 4.45
2019 8 .. 11.31 .. 4.61
2020 8 .. 12.06 .. 4.37
2021 9 .. 25.00E .. 3.73
2022 12 .. 26.00F .. 4.05
2023 NAE .. NA .. 4.03
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 204.91
Total Cumulative DPS 160.91
DPO Ratio 78.5%
IOI Plantation
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YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 4.69 .. 9.19 .. 1.22
2010 5.32 .. 15.27 .. 1.73
2011 7.82 .. 20.43 .. 1.77
2012 10.42 .. 6.33 .. 1.66
2013 3.83 .. 7.17 .. 1.88
2014 3.62 .. 4.22 .. 1.7
2015 2 .. 4.92 .. 1.16
2016 0 .. 5.11 .. 1.1
2017 7.6 .. 2.56 .. 1.15
2018 2 .. -43.78 .. 0.47
2019 0 .. -13.41 .. 0.65
2020 0 .. 1.81 .. 0.57
2021 0 .. 8.35 .. 0.6
2022 1.5 .. 7.00E .. 0.53
2023 1.50E .. 6.00F .. 0.54
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 28.17
Total Cumulative DPS 48.8
DPO Ratio 173.2%
THPlantation
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YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 0 .. 0 .. 0
2010 NA .. NA .. 0
2011 NA .. NA .. 0
2012 NA .. NA .. 0
2013 NA .. NA .. 0
2014 NA .. NA .. 0
2015 NA .. NA .. 0
2016 NA .. 12.37 .. 6
2017 6.5 .. 15.5 .. 4.76
2018 6.5 .. 2.7 .. 4.76
2019 12.7 .. 3 .. 5.45
2020 5 .. 17.21 .. 4.99
2021 12.5 .. 30.00E .. 3.76
2022 NA .. NA .. 4.65
2023 NAE .. NA .. 4.3
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 50.78
Total Cumulative DPS 43.2
DPO Ratio 85.1%
Sime Plantation
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YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 0 .. 1.94 .. 0.83
2010 0.48 .. 2.9 .. 1.49
2011 1.43 .. 17.42 .. 2.18
2012 3.86 .. 15.7 .. 1.99
2013 1 .. 1.16 .. 2.04
2014 1.5 .. 6.41 .. 2.02
2015 1 .. 3.84 .. 1.33
2016 1.3 .. 6 .. 1.34
2017 0.5 .. 8.57 .. 1.08
2018 0.5 .. -5.15 .. 0.47
2019 0 .. -26.57 .. 1.04
2020 0 .. -6.51 .. 0.9
2021 0 .. 1.06 .. 0.62
2022 2.8 .. 13.83P .. 0.64
2023 3.00E .. 11.00E .. 0.78
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 26.77
Total Cumulative DPS 14.37
DPO Ratio 53.7%
Jtiasa
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YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 2.1 .. 7.13 .. 0.69
2010 3.63 .. 5.22 .. 0.87
2011 4.29 .. 6.29 .. 0.77
2012 4.95 .. 10.39 .. 0.75
2013 3.96 .. 6.2 .. 0.84
2014 4.95 .. 6.71 .. 0.88
2015 7.59 .. 8.13 .. 1
2016 4.95 .. 7.96 .. 1.14
2017 7.26 .. 7.53 .. 1.41
2018 4.98 .. 10.31 .. 1.18
2019 6 .. 5.73 .. 1.6
2020 4 .. 4.31 .. 1.6
2021 8 .. 10.16 .. 1.66
2022 11 .. 13.87 .. 1.86
2023 14.00E .. 16.00E .. 1.82
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 109.94
Total Cumulative DPS 77.66
DPO Ratio 70.6%
Kim Loong
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YEAR DPS(SEN) .. EPS(SEN) .. YEPX
2009 18.75 .. 64.44 .. 6.82
2010 31.88 .. 66.61 .. 8.55
2011 35.63 .. 91.08 .. 9.5
2012 45 .. 88.62 .. 12.5
2013 46.94 .. 70.48 .. 13
2014 84.38 .. 64.95 .. 12.2
2015 45 .. 70.57 .. 12.68
2016 50 .. 74.36 .. 13.46
2017 57.5 .. 93.63 .. 14.04
2018 75 .. 92.28 .. 12.75
2019 75 .. 67.08 .. 13.14
2020 72.5 .. 91.08 .. 14.52
2021 95 .. 126.04 .. 13.88
2022 125 .. 146.04 .. 15.3
2023 140.00E .. 125.00E .. 16
DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 1207.26
Total Cumulative DPS 857.58
DPO Ratio 71.0%
United Plantation
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