Posted by calvintaneng > 2022-06-08 23:15 | Report Abuse

https://www.youtube.com/watch?v=NnBKN29lmaE

Posted by calvintaneng > 2022-06-08 23:16 | Report Abuse

https://www.youtube.com/watch?v=NnBKN29lmaE

Posted by calvintaneng > 2022-06-08 23:29 | Report Abuse

https://www.cnbcindonesia.com/news/20220605152714-4-344485/ibu-kota-baru-buka-banyak-lowongan-kerja-butuh-200000-orang

Posted by calvintaneng > 2022-06-08 23:56 |

Post removed.Why?

Posted by calvintaneng > 2022-06-09 06:53 | Report Abuse

Someone asked Warren Buffet about investing in real estate and Warren replied that investing in the stock market is so easy why want to invest in real estate

Indeed. It is so easy and cheap to invest in booming Nusantara by owning Tsh resources which own those gold mine lands there

And we get in at early 2010 book value prices about Rm5,000 per acre or only a mere 13 sen psf

Posted by calvintaneng > 2022-06-09 08:30 | Report Abuse

200,000 highly skilled indon workers will transform Nusantara into the latest sparkling boom region on earth

Posted by Investformilkmoney > 2022-06-09 10:14 | Report Abuse

Hi Calvin, your old blogs is informative and the way you write it makes it interesting. Your blogs can become an autobiography. Although some of your recommendation in the past didn't go up (I've been reading when I have time), no one can predict the future. But in overall, your blogs are helpful to me.

Posted by StartOfTheBull > 2022-06-09 11:06 | Report Abuse

Jakarta is sinking, Indonesia parliament has passed the relocation of its capital to Nusantara. Strongly recommended to add or hold TSH into our portfolio.

Posted by chinaman > 2022-06-09 11:20 | Report Abuse

Jokowi must be God, or bomoh dua kepala to predict that JKT is sinking

Posted by Investformilkmoney > 2022-06-09 11:23 | Report Abuse

@chinaman, read the news or YouTube.... It is know that Jakarta is sinking a bit every year.

Posted by Wizman > 2022-06-09 16:18 | Report Abuse

I ask Indonesia's based real estate company to check TSH one of the palm oil estate in
Desa Rantau Makmur, Tanjung Labu, Kecamatan Rantau Pulung, Kabupaten Kutai Timur,
Kalimantan Timur. Total land area = 18,372 acre/7,435 hectare.

According to them, the surrounding market value as below:-
2nd road/2nd tier = RM7.00psf - RM14.00psf
main road/1st tier = RM27.80psf - RM41.80psf

Market Value / Total Land MV / TSH Share Price
RM7.00psf - $5,601,990,240/ $4 per share
RM14.00psf - $11,203,980,480/ $8 per share
RM27.80psf - $22,247,904,096 / $16 per share
RM41.80psf - $33,451,884,576 / $24 per share
[TSH total shares = 1,380,173,509]

Let's see average market value ($4+$8+$16+$24÷4)
= RM13 per share
[only one palm oil estate taken for calculation]

TSH indeed severely undervalued?

Posted by calvintaneng > 2022-06-09 18:39 | Report Abuse

Thank you WIZMAN

In the multitude of counselors there is clarity and certainty

These current figures speak volumes

Today my buy queue at Rm1.25 not met. Will try again tomorrow

Posted by StartOfTheBull > 2022-06-09 21:01 | Report Abuse

Wait another 1 year, 2 years, 3, 4, 5 years or longer? Sometimes EQ is more important than IQ. Isn't it?

Posted by calvintaneng > 2022-06-10 08:48 |

Post removed.Why?

Posted by calvintaneng > 2022-06-10 08:50 |

Post removed.Why?

Posted by Investformilkmoney > 2022-06-10 10:21 | Report Abuse

Calvin really have very high EQ, must learn from you. Many naysayers now targeting Calvin but you still calm and neutral on your replies.

Posted by OnTime > 2022-06-10 10:24 | Report Abuse

what if indo decides not to move their capital city?

Posted by calvintaneng > 2022-06-10 11:55 | Report Abuse

OnTime

Already passed into law

Posted by Wizman > 2022-06-10 16:57 | Report Abuse

BILLIONAIRE GARIBALDI THOHIR OF PT ADARO ENERGY - TSH INDONESIA PALM OIL ESTATE PARTNER
TheStar: Friday 22-4-2022 - Billionaire To Use Profit Boom For Green Shift
JAKARTA: PT Adaro Energy, one of Indonesia’s biggest coal miners, is shifting to renewable energy after
making a fortune from surging commodity prices. The company led by Garibaldi Thohir, the older brother
of State Enterprises Minister Erick Thohir, is building solar-powered plants with over 200 megawatt
capacity on retired mine sites in Kalimantan, Batam and Bintan provinces.

It will also build hydro power plants in a green industrial park being set up by the government in North
Kalimantan.“We want to cease our dependence on coal,” Garibaldi said in an interview on Tuesday.
We want to “move to renewable energy with the final goal of having an entity called Adaro Green Energy.”

Adaro plans to use the excess profit last year and this year to help fund its 10-year pivot to clean energy,
said Garibaldi. The group’s net income soared more than 500% in 2021 as coal prices surged amid a
supply crunch. Profit is forecast to climb further this year as the Ukraine war is pushing prices even
higher. The company’s move bodes well for Indonesia, the world’s largest thermal coal exporter, which
needs to double the national renewable energy capacity by 2025 to reduce carbon emissions. For a
start, new unit Adaro Aluminium Indonesia will develop a facility in Kalimantan Green Industrial Park
to produce 500,000 tonnes of aluminum ingots in 2024.

Thohir said he wants the group to take part in president Joko Widodo’s ambition to develop an end-to-
end electric vehicle (EV) battery industry in the country that is also the world’s largest producer of nickel,
a key material in battery making.Indonesia could become a world leader of the industry in 20 years’ time,
he said. About US$1bil (RM4.28bil) may be spent on the smelter to cater for metal demand for EV
components, he said, adding that the co will seek a partner for the project. “I see cars with eco-labels
in the future and we can have those cars built here in Indonesia,” Garibaldi said. — Bloomberg

Market Talk:-
The Indonesian Government on the shifting of the administrative capital of Indonesia to East
Kalimantan has a positive effect as it will accelerate the economic and infrastructure
development in East Kalimantan where TSH plantation is located.

TSH bought the North Kalimantan estate together with Indonesia partner [10% stake]
Garibaldi Thohir in 2011. The remaining 4 estates in Kutai Barat & Timur which TSH
bought 2006-2013 could share the same trusted, well-connected powerful
Indonesia partner [10% stake],Garibaldi Thohir.

Posted by Wizman > 2022-06-10 17:02 | Report Abuse

To recap bursa announcement on 4th April 2022:-
TSH 90% owned subsidiary, Bulungan Citra Agro Persada [BCAP] sold 13,214.90 hec together with adjoining
683.36 hec Tanah Kuning village & Mangkupadi village,Tanjung Palas,North Kalimantan to PT Kawasan
Industri Kalimantan Indonesia [KIKI] & PT Kalimantan Industrial Park Indonesia [KIPI].

For shareholders' information, the land disposal is regarded as a related party transaction & the said land
has been earmarked for the development of an integrated green industrial estate in North Kalimantan
by the government of Indonesia.

Seller: BCAP shareholder - TSH Logistics Sdn Bhd 90% & Garibaldi Thohir 10%.
Buyer: Indonesia's PT Kawasan Industri Kalimantan Indonesia [KIKI]
& PT Kalimantan Industrial Park Indonesia [KIPI].
Raden Harry Zulnardy is the Director of BCAP & KIKI & KIPI.
[pls read bursa announcement on 4April'22, page16:section9(ii)]

Posted by calvintaneng > 2023-08-02 00:51 | Report Abuse

https://www.youtube.com/watch?v=Dr29i9MSPII