breakout

not Europe,not China,not North America,all big fund would flow to South East Asia,centre of growth post pandemic.

if can hold til 2.00 to 3.00 only sell,for me ,I'm more bullish to hold til 4 - 5.00 as EPS for whole of 2022 about 40 Sen

no place for Dr DOOM (SEE & Mouse)to hide.

weekly chart also breakout...longer term up trend coming

....at the end Sp paying lesser interest to investors after the proceeds of Rcpsi C has redeemed all RCpsi B ,and the balance proceeds to pay Sp borrowings, and as working capital.Sp Book would look better at the end 2023

I think the sell off is due to Sp to utilise the new RcpsiC to redeem all Rcpsi B as RcpsiB giving higher interest of 5.93% per annum and 1% preferential dividend rate pee annum.
while RcpsC only give 5.43% per annum and the stepped up preferential dividend of 1% only due on the 5th anniversary of the issue date of RCpsC.Payining lesser interest for new RI

@moneyontheway
mee too couldn't get her whatapp,tried calling the line ,but not in service.i just SMS to her .

On a year-on-year (y-o-y) basis, HLIB noted that eight out of nine planters registered higher core net profit, driven mainly by significantly higher CPO price realised, but partly moderated by lower FFB output and higher CPO production cost.

"All planters reported lower FFB output due to acute labour shortage in Malaysian operations.

"All integrated players under our coverage registered higher downstream contributions during Q2 2022 due mainly to margin expansion (arising from lower feedstock prices),” it said.

KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) has maintained its 'overweight' rating for the plantation sector with the crude palm oil (CPO) price expected at up to RM5,500 per tonne until 2024.

In a note, the investment bank said following the recent second quarter of 2022 (Q2 2022) results, six out of eight planters had released results that met its expectation.

@Calvin,I want to join Eagle group too,can add me ?

ah pek@See Reseach/ah pak@Mikicyc

this forum not for long rubbish eassy ,so annoying to people here.

uncle@SEE Research /uncle@Mikecyc

No one interested in reading your rubbish essay. Every day posting grandfather grandmother stories.

@Dickyme10,can u show us how did u come about 80cts coming?
or u meant EPS 80cts.lol

TSH under value share with
FCPO - 4350
EPS over 50 cts
NTa 1.20

total combined land sales from Sabah & Kalimantan already have EPS over 38cents plus core profit close to 18 cent,sure terbang kuat kuat

debts free with profit over RM600 over million ,sure will terbang tinggi tinggi

EPS - Rm0.49 '022,tp -5.50 early next year

confirm breaking out

breaking out

hope Tsh should break out today

@JJPTR
short term borrowings-Rm452m,balance - long term borrowings.

2nd qrt - RM1.90,4th qrt22 - RM2.60- 2.80 tp

coming qrt RM1.90 ,final qrt22 RM2.80target price

the longer the share price consolidate,the better the stronger power to ignite.The awakening sleeping dragon is about to strike .

should reach Rm1.90 - Rm2.0 , by end August .total EPS above 13cents plus

bottoming like W shape?

share price of TSH already bottoming.

NTA - close to RM1.30 with large land banks in Kalimantan, profit from sold of palm oil land and mill with higher cpo price in the 2nd qrt should report good profit.nothing to fear about.

plantation companies with land banks and mills in Indonesia would be operationally stable and far better in worker shortage headwind
.labour cost much cheaper as compared to those in Malaysia.CPO price in Indonesia to stay elevated once CPO stock normalised as Ukraine-Russian War stil on going,

today intraday cup and handle formed with huge volume successfully break out 1.02,should stay above 1.02 today.

in fact uptrend convergence started since 21.6.2022,,,if I'm not wrong.

actually the most bearish point when RSI 14 hit 23.7754 on 21.6.2022.

@Trader Alwa

today price really over done,far below the lower bollinger band,it could be the lowest footing for TSh.(6 .7.2022)

today price really over done,far below the lower bollinger band,it could be the lowest footing for TSh.

TSh downtrend already over since 2 weeks ago,now is under consolidation phase ,trying to stabilise / to find a footing for a few more weeks

MIDF Research also maintained a positive stance on the plantation sector, with an unchanged CPO price forecast at RM5,500 per tonne for 2022.

However, the key risks to CPO prices include new variants resulting in another lockdown worldwide, higher-than-expected soybean and soybean oil stockpiles and supply as well as policy changes in importing countries.


STARPICKS
You need digital marketing as part of your skill set
The research house’s top picks for the sector are Kuala Lumpur Kepong Bhd with a target price (TP) of RM31.50 and TSH Resources Bhd (TP RM1.90).

Valuation wise, MIDF Research pointed out that Bursa’s KL Plantation Index is currently trading at price-to-earnings ratio of 25.4 times, which

MIDF also target 1.90

hope I'm right,my target price at end of year =2.7 - 2.80

based on same EPS for core and non core profit as 2 and quarter, the combined EPS for 3&4 quarter should earn 0.056 per share.( total EpS for the 4 quarters =0.1917)..

1st quarter EPS RM0.0699 +2nd quarter EPS RM0.0658 (0.0378 disposal profit from land sales+0.022 from core net profit+,0.006 non core net profit)
total 2 qrts EpS is 0.1357

@Calvintaneng
From "underweight" to "OVERWEIGHT" PALM OIL AND GAVE TSH RM1.90 TARGET PRICE.
achievable the coming 2nd quarter results. could achieve a EPS of 13.3 cent, per share

worst is behind us ..lowest at 0.66

worst is behind us ,lowest at 1.06...

should climb over 0.72 tomorrow

downtrend over,lowest 0.66

sp setia downtrend could be at the tail end,reversal from now is on the card

mirroring worldwide great depression in 1930 (world economy was dominated by western powers),Down jone rebounded til 1934 and econd leg down again in 1935(very much shallow compared with 1930 crash)...now we have China to balance up the world economy, and the crash in 2020 was only few months (eventhough was very steep)...and now the second leg down again,believe to be much shallow then 2020)

@willsmith,I maybe wrong,I don't think there will be worldwide recession/depression, if recession only for western countries and Japan,east Asia like us will experience slow down.(any recession or slowdown will be brief)

downtrend over for TSH,.but stiil volatile .