At current price 1.19/1.20, TSH is low risk with sbb support. But then, there's little upside with current weak cpo prices. As for calvintaneng, he is also back promoting that terrible Hexcap.

calvintaneng; Is this not the same Hexcap you promoted to me in June 2024 at 66 sen claiming it would soon breach RM1.00? You are utterly shameless and recalcitrant.

Once again, smart money swooping in to buy up JTiasa after 4 days of correction. Goes to show, you can't keep a good stock down, value will manifest itself given time.

Not to mention loss of face to TSH management on their botched execution of sbb.

There's 2 more weeks to CNY, plenty of time for a minor turnaround back to 1.19. A small bet anyway. Save your sympathy for TSH, they bought back some 17m shares to date and are sitting on a large paper loss.

Calvintaneng the clown; Got anything more to add about JPG vs TSH? Don't you feel real stu-peed? The market has exposed you as a fraud stock picker and a huckster.

TSH don't just give dividends, they give angpow through sbb. And if they sell some of their Nusantara land for RM4.2 m per acre in the future, they will give you the moon!

Got my angpow this morning from JPG, hope you got yours.

Yea, JPG recovering quickly towards 1.20 has already delivered its angpow this morning as expected without need of sbb. Where is Kelvin Tan and his cash? Quickly take TSH back to 1.25.

Patiently waiting for TSH, deputizing for the generous God of Prosperity, to give me an angpow before CNY through share buyback.

When you take both Edmund Burke and Mark Twain together, the message is to fight evil but to ignore the fool. Sage advice from the past.

Here's a quote from 19th century American writer and humorist Mark Twain famed for his wit:
"Never argue with a fool, onlookers may not be able to tell the difference".

Looking at the 2QFY2025 production and the high CPO prices for that quarter, there is little doubt it will be a set of scintillating results for JTiasa and with it, a generous dividend payout. Moderating CPO prices going into 2025 is expected and not a threat if maintained above RM4k. What's not to like about JTiasa still?

The question that begs answering: What is the current best use for TSH's cash from operating cashflows? Share buybacks to prop up share price? More dividends for shareholders? Replanting programs? Investment in a 6 star hotel in ikn Nusantara? Forget the last one, just kidding.

The thing about having taken some profit earlier is that you are cashed up and confident. You have a cushy buffer even down to 1.10 so 1.19 is no threat at all to your financials or your sanity.

Time to start buy back those shares in trading portfolio sold around 1.40 in Dec24. Don't think it will fall back below 1.20 anytime soon even with falling cpo prices and weak market sentiment.

Bought some TSH at 1.19; waiting to sell at 1.24/1.25 for some quick angpow money from TSH management.

Buy JPG also for short term trade aiming for a modest CNY 2025 angpow.

It seems to me that motivated sellers are waiting for TSH sbb to reach 1.25 before unloading. CPO prices are moderating, most plantation stocks are correcting. Its a cat and mouse game. But why sell cheap when the company's sbb provides price support and liquidity?

TSH and JPG are now trading around the same price 1.20. Which stock has better chance of a quicker recovery? Guess which stock I will sell now in order to invest in the other?

I guess someone is somehow unable to work out it was TSH which enabled cost savings for investors who sold around Rm1.25 and can now buy back below 1.20. What a clown!

TSH share bb from 5/12/24 - 2/1/25:
Shares purchased : 13.636 m
Price paid: Rm1.19 - 1.25 VWAP paid: RM1.24
Cash expended : RM 17 m
Current price: RM1.20
Impact of sbb on share price: Zilch. Price is back when sbb started. Savvy investors sold around 1.25 when bb was at its most active.

Investors have to be rational thinkers and doers in the long run. If not, they and their money will soon be parted. Irrational exuberance and disinformation will inevitably be punished in the long term.

It is not anyone's silly old recommendation that will cause a stock's price to rise or fall; it will be its future earnings and its deliberate actions to allocate earnings to good use for the benefit of all stakeholders.

Smart money buying JTiasa in anticipation of an excellent 2QFY2025 plus a generous interim dividend. Longer term still an attractive dividend stock. What's not to like about JTiasa?

Karma is a b-itch. At his advanced age, KYY should know better but his super ego won't let him quit.

I don't believe in an old man who has lost all credibility but I believe in the numbers JTiasa produced this FY1Q and expected to produce next Q. Excellent profits/cashflow begets another generous dividend.

You will have to ask Executive Chairman Kelvin Tan what's on his mind. We can only make an educated guess as to his plans. Going by recent developments, perhaps more land/asset sales to bring in quick profits.

Sbb if done prudently and timed right does have its purpose of stabilizing the share price and achieving better yields than idle deposits in the bank. But this aggressive buying is something out of the ordinary.

Get your figures right; 0.05 sen is not RM0.05. Then get your Financial Years on track; dividends 2.5 sen for FY2023 paid in May 2024 and 2.5 sen interim for FY2024 paid in Dec 2024. Of course you can pray for another dividend FY 2024 if cash is not run down due to exuberant sbb.

How does current dividend 2.5 sen at TSH share price 1.20 yield above 4%? My calculator says 2.083%.

@Calvintaneng ; Did you read Chap12 MLR but failed to understand it? Maximum sbb is 10% of issued shares or 138.2 m, period. Not 1% or 10% every year.

There he goes again. Instead of learning, the clown keeps regurgitating so called past successes. All you need to do is press his 'cannot be wrong' button and it all comes out. Like auto drive.

Sigh...of course you can have a say at the AGM. Who can stop you even as a teeny weeny minority shareholder? All shareholders are entitled to attend the AGM and vote as they deem fit. That is having a say.

Don't fret, fellow investors, there is no way TSH can become a fully cornered stock through share buy-backs. There's a little rule known as Chap 12 Main Listing Regulation that governs sbb but the ignorant clown is apparently unaware of it as he is of so many other little important things. An ignoramus will continue to be one until he makes conscious effort to educate himself. Chap12 MLR limits sbb to a maximum of 10% of issued capital, in TSH's case, a mere 138.2m. Besides, sbb is subject to shareholders' approval and needs to be renewed annually. You can always have your say at the company's AGM on this issue.

Privatize at 1.25? No premium to market? The bid is too low to get at least 90% control and then compulsorily acquire the rest. Even at 1.25, he needs to secure funding of approx 1 billion to make a bid for shares he and his siblings do not control. Not chicken feed for an individual. Back of the envelop calculations indicate Kelvin Tan and siblings control some 600m shares.

The company will run out of cash before sellers run out of selling stock at 1.25 should CPO prices fall back towards RM4k in 2025 and weak holders want out. It happened after May 2022 when CPO prices corrected to normal levels around RM4k and TSH fell below 1.00.

What is Executive Chairman Kelvin Tan thinking? Aggressive sbb at a time when future CPO prices show a moderating trend in 2025. Reminds of his own TSH share buying spree from May 2022 to Jan 2023 when he purchased some 76 m shares in daily 500k tranches in open market prices from around 1.25 to 1.00 and then suddenly stopped on 11/1/23. Totally inexplicable and almost bizarre behavior. Did it help prop up the share price? Evidently not but provided extra liquidity for many to exit.

The buying today is persistent but disciplined. Most probably some fund buying with year end approaching and OSK being in MSCI Global Small Cap Index is a pull factor. We may see more fund action in the days to come.

KYY is unable to do much in the market anymore. No more the self acclaimed super investor, few faithful followers, severe reputation damage and little money left. As someone scathingly remarked, just an old bag of wind hoping for a sunny day.

Re: Koon YY. The big bad wolf was also very nice to Little Miss Riding Hood and to all the naive young lasses who believed his open house invitation.

👍 to both Philip and SSLee.

@Calvintaneng ; When someone tells obvious fibs, the hair on my arms stand on end. They are standing straight up now.

Spelling out existing facts is not talking bad. There's a lesson to be learnt from this. But some people are incapable of accepting mistakes and learning from it. Worse still, they drag some naive souls into their quagmire and are unapologetic about it.

Neither desperate wishing nor share buy backs will help push TSH to greater heights. What helps is improved future earnings and/or possibly, sale of a parcel Kalimantan lands at elevated prices to excite punters. The partial Kalimantan land sale cancellation earlier this year after protracted delays certainly dampened investor enthusiasm. Opening of Ikn Nusantara to the public has come and gone but likewise the excitement and constant news. TSH share price is now so far behind JPG and JTiasa. It seems idiocy and obstinacy continues to be bed partners.

When you buy OSK, what do you get? A bunch of businesses including banking and financial services, property development, cable manufacturing, hospitality, that appears non-synergistic but has one thing in common. They are largely profitable, some better than others, some growing faster than others but all relatively well run. And OSK pays high and growing dividends from these profits. What's not to like about OSK?

Comparative prices of selected plantation companies with market cap RM1 - 2 billion from end Dec2023 to 6Dec24 :

JTiasa 0.89 - 1.43 +60%
HSPlant 1.64 - 2.20 +34%
TSH 0.93 - 1.20 +29%
TaAnn 3.52 - 4.40 +25%

Data extracted from malaysiastock.biz which are adjusted for dividends. No bull, no prevarication, just simple data at 2 convenient points in time for comparison.

Happiness is JTiasa share price overhauling JPG's. It can only achieve this feat with strong hands buying for the longer term and believing in JTiasa's future.

Here is some indulgent speculation. Assuming similar results for 2Q2025, which is highly achievable, net profit (TTM) will reach RM170m or earnings of 17.5 sen per share. At PER of 8-9x, this translates to a share price of 1.40-1.70. Additionally, dividends are raised to 7-8 sen per share. What's there not to like about JTiasa?

Strong steady hands are buying into JTiasa. Those who believe the company has turned the corner and is motoring on a straight stretch. Next quarter FY2Q2025 may see even better results plus an interim dividend. It was too much to hope for a special dividend this quarter, that would have been overly generous.