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18 comment(s). Last comment by calvintaneng 2024-02-16 20:59

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-18 21:43 | Report Abuse

Land prices in Kutai was only 28 sen per sq ft for years 2015 to 2018

By early 2022 it gone up 10x (times) or Rm2.80 psf

Now it is highly possible land prices can go up Rm1.00 psf before Official launch of Admin Hq Capital completion before End of 2024 when 17,000 Govt servants (first batch) will relocate to Ikn Nusantara

And if lands of Tsh just up another Rm1.00 psf it will be over Rm4.1 Billion price appreciation

It will be a net value gain by Rm3.00 per share

No one even thought Ltat will give Rm1.55 to take Bplant private when it was only 57 sen in year 2021

Not even one person expect Ubs Bank would buy up more than 5% of Bplant shares from the lofty price of Rm1.53 to Rm1.55

So no one knows in the future how high or who will be interested in Tsh resources

The best time to buy is when no body believe it like now when prices are so cheap and brimming with value

Posted by lillianspencer > 2023-12-18 21:55 | Report Abuse

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calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-18 22:13 | Report Abuse

2 errors need correction

1. Ffb 80,000 tonnes was for Oct 2023

Plus Both Bumitama and Goldenagri have operations in Kalimantan, Indonesia but listed in Singapore

So Tsh also got operation in Kalimantan and now dual list in Singapore

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-18 22:23 | Report Abuse

And this is a true life story

Two persons made two different investments late 1980s and early 1990s

Mr. Pang of Cheras versus Mr Chia of Klang

Mr Pang bought 2 shophouses in Bukit Beruntung because he heard rumours either a Big Bus Depot or Airport will be built there.
Both did not materilize and his investments failed

Mr. Chia bought 5 acres of land in Sepang and today Putrajaya, Cyberjaya and Sepang Airport caused his land prices to skyrocketed
From 5 acres he added more till he has 50 acres land in Sepang today. And Mr Chia is now a datuk

Investing has got to do with future prospects and potential and it takes foresight to "see" into the future

Posted by SEERESEARCH2023 > 2023-12-18 23:22 | Report Abuse

Make some stories, repeat, sell. Repeat again.

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-18 23:40 | Report Abuse

Our stories are based on facts

In the Annual Report of Tsh Resources they stated very very very clearly that Tsh got

Big Estates in Kutai Barat ( West) and one piece just over 14,000 Acres in Kutai Timor ( East)

These are now in Ikn Nusantara or its vicinity

As for Kgb all the jobs awarded are non transparent and shrouded in secrecy

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-18 23:50 | Report Abuse

We spoke to Malaysian Bankers about Listed Companies trying to secure Bank loans or banking facilities for expansion

They will definitely ask the borrowing parties to furnish proofs as to who, where and what are the projects awarded

It cannot be

"

"A great company"

"An expert in the industry"

Or other such garbage or the loans will be rejected

Same goes for getting a job for employment

You cannot say "i graduated from top world university"

That is vague. You must name the university and to what levels or degrees you attained

And they can verify all by contacting the actual university to check up whether your credentials are true or not

Again, if you got a daughter to whom a guy might want to marry. Will you be statisfied if he claims to be "so rich and so clever" without giving any concrete proofs?
Of course not no matter how smart or rich he claims! If just so clever in words only

It amazes us people are so naive

It says," The simple (simpleton) believes everyone but a prudent person looks well to his goings

And a fool (simpleton) and his money are soon parted

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:16 | Report Abuse

What we posted are backed by facts and figures

See Annual report of TSH Resources 2022

Scroll down to property Owned by TSH

See

Desa Rantau
Makmur, Tanjung
Labu
Kecamatan Rantau
Pulung
Kabupaten Kutai
Timur
Kalimantan Timur

Here TSH got
land
5,750 ha Oil Palm
Plantation

Book value Rm98,757,661

Let us do a calculation

Convert 5,750 hectares to acres by X 2.471
= 14,208.25 acres

Rm6,950 per acre

To get per sq ft cost divides by 43,560

= 15.9 sen

It was already 28 sen per sq ft in years 2015 to 2018
Now up by 10X to Rm2.80 psf

But what is the actual asking price of land here in Kutai East currently?

Now divides cost by land

=

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:26 | Report Abuse

Rantau Pulung, Kalimantan

See land prices here

AREA PEMUKIMAN (Rp 300.000 / meter <nego>)

Dekat jalan umum 2 jalur

Surat PPAT

1 ha ( 50x200m)

Listrik PLN

Perumahan


It was 10,000 rupiah per meter

then it was 100,000 rupiah per meter (up 10 kali)

Now asking price has surged to 300,000 rupiah per meter

How much?

300,000 rupiah is Rm90.81
1 meter = 10.764 sq ft

To get cost divides price by land area

= Rm8.43 per sq ft asking price

TSH Book value still at unbelievable bargain 15.9 sen

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:41 | Report Abuse

Rise of New admin Capital in IKN Nusantara

https://www.youtube.com/watch?v=lNkw1TZ4Svw

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:43 | Report Abuse

New Highway from Balik Papan to Nusantara

Very fast

Built by highly skilled hard working Indon workers (some of the very best on planet earth today

https://www.youtube.com/watch?v=emPheUOCJ8Q

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:45 | Report Abuse

New Airport being built in One Year

Very fast

In IKN NUSANTARA

https://www.youtube.com/watch?v=nTTJo9T6sWI

calvintaneng

56,979 posts

Posted by calvintaneng > 2023-12-19 00:49 | Report Abuse

NON STOP 24 HOUR BUILDING NIGHT AND DAY 24 HOURS IN NUSANTARA

https://www.youtube.com/watch?v=_IkpeYcCe1I

Posted by CustomPackagingUK > 2024-01-01 22:40 | Report Abuse

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Posted by CustomPackagingUK > 2024-01-01 22:42 | Report Abuse

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calvintaneng

56,979 posts

Posted by calvintaneng > 2024-02-16 20:59 | Report Abuse

calvintaneng

How nice to know TSH RESOURCES got 94,700 Acres Lands in IKN NUSANTARA

Book Value about Rm5,000 per acre (Current market value as high as Rm1 Million per acre

See

https://www.youtube.com/watch?v=P27JpoUUUsw

Investing like this now we know why Warren Buffet said, "I know I will be rich"

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