repeating 4 november 2019 uptrend
impulsive uptrend is coming

2019 annualised EPS Is rm0.15 and the highest price about tm2.5 based on 16xPE

I think this share min annualised EPS is rm0.38.which would translate to a share of about rm7 based on 18xPE

should be above RM7 tp if based on PE at 24 for FY2021

3rdqrt cpo average price RM2839 /ton

now cpo above 3200/ton.tsh should above 1.8

https://www.theedgemarkets.com/article/mpic-average-cpo-price-rm2800-tonne-2017

from October price for CPO..looks like ranging btw 2900+t to 3050..good news
most of TSH palm oil land located in kalimantan
hopefully.cpo price could break 3100 onwards.in view of good price soy bean la nina..depavalli festival
china keep buying palm oil.but down stream production oil price would not been so positive especially biodiesel in iew of lock down many part of cities in the world.
that would affect the crude oil price.

those who hv bought SOP could laugh to the internet banking next year as SOP so cheap with high EPS .if based on 24x2021 PE..sop could go as high as rm11-rm12
..only proplem is the stock less liquid .

TSH deep and based building already over
TSh is coming.

political uncertainty could hv already priced ,market should be looking forward bigger and global vaccine good news..whole of 2021 should be a steady bull ahead.

...above net profit of 92 million is excluding tsh coco ,rubber plantation and wood furniture production.and palm downstream production

average cop price is 2753 per ton from july to september,and anticipated 2500 to 3000 per ton (average 2750 per ton) from Oct to december.3qrt and 4qrt combined net profit should be around 70 million.plus 1st art profit 2.26mil and 2nd qrt net profit 19.8mil.total net profit should be around rm92 million against tsh capital issued..it Eps should be 6.7 sen.based on 24x 2021 , before the 4qrt result out..price could be around rm1.6
(TSH upstream production of 21tons /hector of TSH 4500 hector of palm oil planted area)

https://www.theedgemarkets.com/article/malaysias-oct-110-palm-oil-exports-rise-133-%E2%80%94-amspec-agri

trading at 20x PE is cheap compared to downstream core Simeplantation which trading at sky high PE of 54x..and simeplt up by 0.11

late next week..

trend reversal to up after the second deep on 2nd october

great closing at 0.985 upper trend line now

crude oil price up,la nina around the corner,high soy price,india great festival around the corner,stock pile down for 2 giant purchaser india and china to support cpo price rally in 4th qrt

wow 4thqrt net profit going to be very solid as now cpo already trading btw 2900 - 3000

https://www.thestar.com.my/business/business-news/2020/10/09/cpo-futures-rally-to-two-week-high-of-rm2936

https://www.freemalaysiatoday.com/category/nation/2020/10/08/festive-food-craving-set-to-boost-indian-demand-for-palm-oil/

tsh core is Upstream palm oil production

if 4thqrt cop price even higher..TP could be even higher above 1.5

3qrt net profit anticipate to be around 30 mill plus minus

market TP consensus is 1.10..1.20.

1.31..1.40

average cop price for 3rdqrt is around 2700

late next week....

consolidation and based building is over ..waiting for suitable time to stage a meaningful up trend..as the 3rd art result is super good

cpo 3000 now

https://www.theedgemarkets.com/article/tsh-resources-may-be-staging-rebound-says-rhb-retail-research

correction phase is deemed over

.consolidation and base building around 0.97 to 1.00.

https://www.theedgemarkets.com/article/analysts-neutral-plantation-sector-after-jump-palm-oil-supply

https://www.thestar.com.my/business/business-news/2020/09/11/new-plantings-set-to-help-tsh-resources-grow

free fall

nothing to see now til Nov

nothing to see from now onwards til Nov

if price break below 0.935 down trend

trend reversal.

looks like double tops formation?

https://www.theedgemarkets.com/article/cpo-meet-initial-rm3000-tonne-target-earlier-expected-%E2%80%94-mpob

https://www.theedgemarkets.com/article/cpo-meet-initial-rm3000-tonne-target-earlier-expected-%E2%80%94-mpob

https://www.thestar.com.my/business/business-news/2020/09/04/the-week-that-was---ringgit-rising-genting-hk-palm-oil-loan-growth

https://www.thestar.com.my/business/business-news/2020/09/04/the-week-that-was---ringgit-rising-genting-hk-palm-oil-loan-growth

https://www.thestar.com.my/business/business-news/2020/09/04/biodiesel-and-new-markets-boost-palm-oil-price#cxrecs_s

https://www.thestar.com.my/business/business-news/2020/09/04/biodiesel-and-new-markets-boost-palm-oil-price#cxrecs_s

https://www.theedgemarkets.com/article/cpo-futures-extends-uptrend-hits-eightmonth-high

https://www.theedgemarkets.com/article/cpo-futures-extends-uptrend-hits-eightmonth-high

all the SOP chart pattern are pointing to bullish trend

last wednesday volumn was 341.7k which is higher than average volumn of 281.8k for the past 20 days from last tuesday .