Cannon Tan, can you explain why RSawit's nta has dropped from 66 sen a share 15 years ago to 58 sen 10 years ago, 30 sen 5 years ago and just 17 sen today? Is it because like Keck Seng, it has plenty of assets bought over 40 years years ago and has not been revalued since?

CIMB has already gone up by around 50% from its low of RM4.80 about 14 months ago to RM7.20 today whereas RHB Bank has gone up by less than 10% (RM5.30 to RM5.70). Not likely that CIMB would surge forward non stop while RHB Bank remains stagnant at RM5.70.

"Don't waste time here with little catalyst"
Cannon Tan, don't waste time posting any comment here, no Keck Seng investor would believe you. With billions of investments being poured into Johor Bahru and its surrounding areas, Keck Seng investors are waiting for the company to lay golden eggs.

The last time RSawit paid any dividend was more than 10 years ago. Its nta has now dropped to just 17 sen a share.

There is always a risk, no matter how small it is if you invest in shares, even in an undervalued counter like RHB Bank. There is totally no risk at all if you keep your money in EPF. Should a severe recession strike (extremely unlikely), your money in your EPF account won't become less and you are still assured of a minimum dividend of 2.5% per year. However, RHB Bank's share price might drop below RM4 and its dividend rate would be reduced drastically also. Hence investors are expecting more from RHB Bank especially when other bank counters like CIMB and Maybank have already risen so much.

Keck Seng's share price can easily be supported at above RM8 a share with less than RM100 million. With net cash in excess of RM1.1 billion and mostly kept in banks as fixed deposits, this should be a more proactive thing to do.

Still unable to cross RM5.70 after several attempts. RM5.70 is only a minor resistance. CIMB Bank had crossed RM7 with ease.

PE is more than 30 now. It has gone up way too much over the past one year. Time to sell and switch to Maybank.

I still prefer cash to shares. Better declare a special dividend of RM1 per share which the company can easily afford.

TSH's CPO, FFB and Palm kernel production in the second quarter only increased slightly from the first quarter while CPO price has increased by roughly 10%. EPS in the second quarter should be at most 2 sen.

Trump isn't even qualified to become an MP in Singapore but he is likely to be elected US President come November.

Maybank IB's recommendation tak boleh pakai again. Many are trapped at above RM4.80.

@DividendGuy67, I actually rarely play warrants. Apart from the names of the three warrants I mentioned earlier, I also have some investments in a loss making company called Jiankun which recently gave some free warrants. I converted my shares into warrants as I believe it could be faster to recoup my losses. Totally no worry about my investment as it constitutes less than 2% of my portfolio. I do take calculated risks.

I won't buy call warrants but won't write off warrants issued by sound companies that are exercisable within a specified time frame at a fixed price. I made some money in 2006/07 from Perstima warrant and Bonia warrant. Perstima warrant went up two to three times within a year or so but Bonia warrant was spectacular. It went up over 20 times within about two years. The most recent warrant that I bought, EcoWorld W was a big debacle. Sold off far too early and didn't make a single sen. Could have gone up by five times but I just don't bother to know. 🤣🤣

Two years ago, I still managed to buy some at 10 sen a share. Last year the lowest I could get was 11.5 sen a share. In January this year I managed to get some at 12.5 sen a share. It is creeping up very slowly. Even at a rate of 1.5 sen a share, it is still worthwhile investing.

Even at RM6 a share, its PE is still 9, very low by any standard. Its dividend yield is still 6.6%, more than twice 12 month bank fixed deposit rates.

Maybank IB has a sell call on TSH with a TP of only RM1. Read today's Sin Chew Business.

Over the past 3 years, RHB Bank did move above RM6 once in late April 2022 but only stayed above RM6 for around 3 weeks.

https://foreignpolicy.com/2024/06/14/nusantara-indonesia-new-capital-environment-indigenous-land/
This article tells a different story.

"Spend 5% of your time here?
Means you invested 5% of your life?
Time is life"
Stop pretending snaky Tan, You spend 20 times more time here than me, trying to mislead small investors.

"This kind of money if you can earn in such dishonest way will end up as medical fees for your old age only"
The above statement best fits you. Someone whom spends long hours daily to mislead other has no shame.

"Spent so much time here to put confusion and make people sell Tsh cheap to you?"
Cannon Tan, I spend hardly 5% of the time you spend here to ensnare unsuspicious investors.

"Now we know why you come kacau Tsh"
Cannon Tan, just trying to set record straight. TSH's land in Nusantara is certainly not worth RM4.2 million an acre. Didn't you say Hubline was not investible yesterday" It has gone up today.
"You very slimy sly fella
Such a low life fella"
Slimy, sly and low life best describe you. Many have attested here Tan Tua Pao.

Cannon Tan, TSH should go up by 100,000% because its land in Nusantara is valued at RM4.2 million per acre.

"Rapid crashed from rm27.90
Did you warn
Why you failed to warn?"
Cannon Tan, I rarely follow all these useless stocks. If you are really so good, you would be appointed Temasek's chief investment officer, why aren't you?

Cannon Tan, you have posted Tsh versus Rapid 20 over times. Can you give us some peace? This forum has been hijacked by you.

"A cannon loaded with blanks can only make loud noises."
You are right Berlin. When you give an empty vessel a light kick, it will kao peh kao bu for hours. No matter how hard you kick a full vessel, it will not give out any noise.

"Now queueing to buy more TSH
Please sell to Calvin
Sell and dump TSH to Calvin now please
Now"
Cannon Tan, since you are so confident of TSH, why do you need to queue? Just buy from the sellers.

I think Keck Seng 's correction is likely over. I went to a high of over RM6.40 about 2 months ago and then dropped to below RM5.90 before recovering slowly. It should move higher than RM6.40 before correction again.

Its share price has been struggling at below 20 sen for over 6 years. Investors got some small consolation in the form of dividends that averaged about 1 sen each year. Still not too bad.

"@prudentinvestor, 5.70 is expected per my chart in my article. Be patient, give yourself 6-12 months and odds are good a breakout will occur by then or well before then."
@DividendGuy67, I have faith in you. Haven't sold any RHB Bank shares for over a year. Nonetheless, seeing Maybank and CIMB Bank surge ahead while this sleepy bank remains stagnant makes me frustrated.

"Yes Speakup
Better buy Jtiasa than over already kseng anytime"
Cannon Tan, Speakup is a smart investor. He bought Keck Seng at under RM4 a share and knows how much it is worth. He won't change gold for stone.

Only up less than 4% now got stuck in the mud already.

"No
It came from 8 Sen Cash paid out after Woodland warehouse was sold in Spore
I bought Pm Corp lowest at 7.5 Sen
After 8 Sen cash paid out I got back capital plus
Free 1/2 sen and free pm Corp shares for forever"
Don't BS Cannon Tan, PM Holdings has never paid any dividend before in its history. You can check the company's announcement. Its entitlement page is empty. So the money you and your buddies made must have come from small, unsuspicious investors.

"Pm Corp was 9 sen for 2 years
My Johor buddies bought and bought
Many made 5 figures to 6 figures
Minimal cost
Maximum profits"
Cannon Tan, the money you and your friends made didn't come from the sky did it? It came from the pockets of thousands of unsuspicious small investors who had been duped. You still have the cheek to brag about your success. Shame, shame.

"The best must be highlighted and lifted high
Pm Corp was 1st promoted kaw kaw"
How can we trust someone who says that PM Corp is the best company listed on the Bursa? Totally don't believe in whatever he writes. He is only an unscrupulous speculator.

Never believe in what Cannon Tan has written. He will only bring you to Holland. He has likely bought several hundred thousand Rsawit shares and would unload his holdings once its price shoots up. Below are some of the comments about this person that I have read on i3investor.
"Same tactic of his seen in TalamT in 2014, JTiasa the same year, NetX etc etc exaggeration to lure buyers to unload his own stock!"
"He also claimed in 2022 that TSH will reach the Nestle beating price of RM150 ultimately. That will give TSH a market cap of RM207 b compared to Maybank's current Rm122 b and Nestle's RM28 b. That guy's rantings is way off the charts. He should be locked up for his own good."

Only those as foolish as him will believe in his rantings. Funny i3investor still allows him to spew out rubbish.

Be careful of calvintaneng @ Tan Tua Pao, he claimed that TSH's land in Nusantara is worth RM4.2 million per acre. Don't fall into his trap.

While Maybank and CIMB Bank confidently march forward, RHB Bank has encountered resistance at the RM5.70 level. As I have written earlier, it would stumble along.

"In mid-November 2022, Temasek said it would write off its US$275 million investment in FTX “irrespective of the outcome of FTX's bankruptcy protection filing”. The state investor had held a 1.5 per cent stake in FTX and the investment constituted 0.09 per cent of its $403 billion portfolio as at end-March 2022.17 May 2024"
Read the above article Cannon Tan, the fact that someone bought 3 million RSawit shares and became one of its top 30 shareholders doesn't make RSawit a good company. Only a fool will think this way.

RSawit has been losing money for the past 10 years. It has never paid any dividend for over 10 years and its NTA has been dropping yearly for many years, to only 17 sen. Soon its NTA could become negative. Only a fool will say that it is full of value.

"Better sell overvalued Kseng and buy Rsawit now full of value"
Cannon Tan@Tan Tua Pao, Keck Seng's latest audited NTA is around RM7 a share. I did a rough calculation yesterday and arrived at the conclusion that its actual NTA should be over RM20 a share. Its EPS last financial year was 67 sen and it earned almost 50% more in the first quarter this year than the same quarter last year. Keck Seng is grossly undervalued.

"Bplant was 57 sen
Now taken private at Rm1.55
So we buy and hold TSH"
Cannon Tan, so you buy TSH and dream for it to be taken private at RM12 a share. Have you heard of a Chinese proverb called "守株待兔“？

To catch up with CIMB Bank's marketcap is almost impossible but RHB Bank's share price needs to move above RM6 a share.

It has dropped too far behind CIMB Bank and is now playing some catch up. I am contented if it could narrow CIMB Bank's lead to RM1.

Now moving further from its recent low of RM4.50 and with stronger momentum. Moving to RM5.00 again.

RHB Bank closed at RM5.72 a day before it traded ex-dividend. Almost three months have elapsed and RHB Bank is still struggling at around RM5.65. In fact it has been sleeping for over two and a half months after ex-dividend. Most of the gains have been achieved during the past three trading sessions.

Someone's relentless pursuit to mislead others, like claiming that TSH's land in Nusantara is worth RM4.2 million an acre.

"Last time?
Last time Bplant was 57 sen
Then Ltat took Bplant private at Rm1.55"
Cannon Tan Tua Pao, you should explain why RSawit fails to pay any dividend for over 10 years and why its nta keeps dropping for the past 10 years instead of comparing it with other counters. You can't convince others this way.