@Michael Kwok, TDM can entry again? Appreciate if you can share your prediction here again. Personally I feel TDM will be outperform for 2nd Half Year, as I predict both of its engines (Plantation and Healthcare) will have significant improvement.
TDM – bigger does not mean better TDM has 2 business segments – Plantation and Healthcare. In 2007, TDM expanded its plantation business to Kalimantan Barat, Indonesia and touted “…that the growth of the plantation operations will be in Kalimantan.” By 2016, the Group’s Indonesian assets amounted to RM 532 million. But then things began to go wrong with the company having to incurr impairments from 2016. It got so bad that the Group decided to sell of the Indonesia assets in 2019. By this time, after all the write downs, its Indonesia assets was reported to be RM 106 million. Without the Indonesian operations, the Plantation segment is a profitable one. The Healthcare segment, although a small player in the Malaysian healtcare sector, has always been profitable. Let us hope that maybe the company will start making money by just running its operation better rather than try to be bigger https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol231-Invest-08Nov.pdf
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Posted by FortuneBlooming > 2024-05-30 08:32 | Report Abuse
tdm I don't think affected by djia or nasdaq index at all la