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12 comment(s). Last comment by speakup 2023-12-25 21:41

xiaoeh

2,734 posts

Posted by xiaoeh > 2023-12-25 09:32 | Report Abuse

Calvin, can seek your opinion for THPlant?
Why is this particular plantation stock performing worse than the rest ha?
Worth holding it?
Thanks and Best Regards,

xiaoeh

2,734 posts

Posted by xiaoeh > 2023-12-25 13:29 | Report Abuse

Hi Calvin,
why not just tell me here as u can also reach out to the public for your informed knowledge as many are mis-understood you for your recently irrelevant posts in regard to the plantation sector.
Btw i think your group members are understanding that your post here is just a tip of the icebergs from what your post within your group.

And if you still prefer to disclose more only with your group members which i can also understand.

Thanks anyway bro.

calvintaneng

56,631 posts

Posted by calvintaneng > 2023-12-25 13:38 | Report Abuse

Ok Xiaoeh

Your suggestion is good and reasonable

Shall be happy and do a write-up on Thplant

Will post soonest

Thks
Calvin

xiaoeh

2,734 posts

Posted by xiaoeh > 2023-12-25 14:49 | Report Abuse

Thanks Calvin

gohkimhock

3,129 posts

Posted by gohkimhock > 2023-12-25 16:03 | Report Abuse

Merry merry! Have a wonderful Christmas day..

calvintaneng

56,631 posts

Posted by calvintaneng > 2023-12-25 17:09 | Report Abuse

HAPPY CHRISTMAS GOHKIMHOCK

YES XIAOEH

HERE IS THE POST AS PROMISED

THPLANT (5112) Why it is underperforming compared to Bplant? And what are its positives & negatives< Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-12-25-story-h-211542506-THPLANT_5112_Why_it_is_underperforming_compared_to_Bplant_And_what_are_

xiaoeh

2,734 posts

Posted by xiaoeh > 2023-12-25 20:36 | Report Abuse

Thanks Calvin for your sharing!
Am i right to say that THPlant cannot perform well is due to the dividend payout was too little?
I noticed that THPlant debts level is the highest among the plantation stocks....
btw i don't know why and how it is going to affect the corpoarate...

to be frank i am just trying to dig more infor from Mr Calvin....haha

calvintaneng

56,631 posts

Posted by calvintaneng > 2023-12-25 21:17 | Report Abuse

Xiaoeh

you are correct on both counts

Thplant's dividends currently among the lowest plus it's debts about Rm730 millions not counting sukuk loans

but do you notice these?

bplant also got similar amount of high debts near Rm800 millions

Jtiasa managed to pare down it's debts from Rm1.2 Billions to only Rm93 millions

Tsh did even better. It slashed it's debts from Rm1.46 Billions to only Rm77 millions

As for Bplants it's land assets are the largest among all at 240,000 acres or 1.3 x Spore land areas of 180,000 acres

Thplant just need to sell a little over 7 plots of lands in Sarawak and it will more than cover all debts and then become cash rich as well

So see deeper into its value unlocking potential

xiaoeh

2,734 posts

Posted by xiaoeh > 2023-12-25 21:22 | Report Abuse

Noted and Thanks Calvin

speakup

27,044 posts

Posted by speakup > 2023-12-25 21:41 | Report Abuse

Swkplnt is also good

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