Posted by calvintaneng > 3 days ago | Report Abuse

Book value of remaining land and balance of sale is the same according to TSH official reply to Mr Vijay the representative spokevoice of Eagle Group

If want to confirm then call up TSH office to verify

Posted by calvintaneng > 3 days ago | Report Abuse

Tel 03 20840888
Tsh Office


Call and identify yourself

1. Name
2. ID
3. CDs number with Bursa
4. State how many TSH shares you own

Ask relevant question pertaining to Final payment of bulugan land sale

Get the facts and figures direct

They would like to deal with official Email

Posted by calvintaneng > 3 days ago | Report Abuse

According to Official email reply by TSH to bro Vijay of Eagle Group


Tsh cost of Cpo production is between Rm2000 to Rm2200

Now see fcpo price

https://www.tradingview.com/symbols/MYX-FCPO1!/

Posted by Berlin > 3 days ago | Report Abuse

Are you kidding or lying outright? If book value and remaining balance to be received is the same, then it implies all profit was recognized earlier irrespective of accounting convention. No more profit to be booked. It may also imply distortions in the pricing of the lands or worse. No, Calvin, you find out yourself.

Posted by gohkimhock > 3 days ago | Report Abuse

Don't talk accounting with calvintaneng. He doesn't understand. He only knows how to see the Revenue, Gross Profit, Net Profit. You give him a copy of Trial Balance or Cash Flow Statement, he cannot interpret it. Because he is not trained in accounting. Can't blame him for this. But don't act like you (calvintaneng) know how to read the figures. Calvin, you are giving wrong information. A simple thing like Account Receivables, he also can interpret it as bad debt, omfg! Complicated things like Book Value, NTA, Goodwill, Depreciation, EBIDTA, Tax Provision, Deferred Tax etc all these better don't waste your time on him. He doesn't and will not understand.

Posted by Berlin > 3 days ago | Report Abuse

In 2023AR under Utilization of Proceeds (pg 121?), TSH disclosed utilization of Rm457m being proceeds from said Bulugan land sale Rm731m which indicates a balance of Rm273m is yet to be received from remaining land, not Rm221m. You explain this anomaly.

Posted by Berlin > 3 days ago | Report Abuse

@gohkimhock; Thanks for the pointer.

Posted by gohkimhock > 3 days ago | Report Abuse

@Berlin better save your breath. Sai Hei la...

Posted by calvintaneng > 3 days ago | Report Abuse

Why are you disputing ?

The original book value of Bulugan lands before and after Rm731.09 Million sale are different

Just go check up Property owned by TSH in the Annual Reports of year 2021 and the latest annual report will see the big difference in price

Latest Price of Bulugan land is Rm16,400 per acre

Posted by Berlin > 3 days ago | Report Abuse

Saving my breadth. No more discourse with an irredeemable ignoramus.

Posted by JJPTR > 3 days ago | Report Abuse

something fishy, after selling a piece of land for 731m , 3 years later, payment not fully received.

Posted by speakup > 3 days ago | Report Abuse

Jtiasa announcement dividend next month. Estimate 2.5 to 3sen

Posted by calvintaneng > 3 days ago | Report Abuse

In the latest qtrly results of TSH

Of the Rm731.09 millions sold

Rm457 millions cash has already been received

Remaining sum of Rm221 millions yet to be received is due to squatters on lands which needed time to clear out before delivery is complete

In any case even if the final sale of Rm221 mil is aborted the current land value has gone up from 38 sen psf to Rm25 psf

So we will be happy if the sale goes through but happier still if sale is terminated

Posted by calvintaneng > 3 days ago | Report Abuse

3 years ago Bulugan Regency was only agriculture and land prices was low

Now it is fast turning into industrial park

Land prices no longer cheap

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-06-25-story-h-158750997-World_Biggest_Greentech_Park_land_at_only_38_sen_psf_book_value_Market_

Posted by dompeilee > 3 days ago | Report Abuse

TSH is one of those that hardly move most days & if it does, only occasionally...needs a major event like RUS-UKR war in '22 to send the CPO price spiking b4 it will move over 30%. 1.7b mkt cap vs revenue of only slightly over 1b: by that measure already overvalued. Div yield is pathetic. Major holder already stopped buying for many moons already, holding less than 1/4 of the lorry-full of outstanding tickets which is not reducing free-float measurably at all. Certain fanciful valuations thrown about depend on too many 'WHAT IFs?' to really take seriously. Will put most ppl to sleep!

Posted by calvintaneng > 3 days ago | Report Abuse

Tsh has 94700 acres of prime lands in Ikn Nusantara

About 194 Bandar Malaysia (Old sungai besi airport) of 465 acres each

That is quite huge


We buy into value

https://en.m.wikipedia.org/wiki/Bandar_Malaysia#/media/File%3AKuala-Lumpur_Malaysia_TUDM-Kuala-Lumpur-01.jpg

Posted by dompeilee > 3 days ago | Report Abuse

Not much better than Eagle High Plts which was Najib's vehicle to CHEAT & $onglap & plunder Felda & until now almost a decade later still did not get a cent of their billion$ of losses back from the conman peter sondakh.

Posted by calvintaneng > 2 days ago | Report Abuse

Do not tell lies

All can see TSH got pay dividends

In year 2022 as high as 8 sen dividend

See

https://m.investing.com/equities/tsh-resources-bhd-dividends

Posted by calvintaneng > 2 days ago | Report Abuse

Do not tell lies

All can see TSH got pay dividends

In year 2022 as high as 8 sen dividend

See

https://m.investing.com/equities/tsh-resources-bhd-dividends

Posted by OneOracle > 2 days ago | Report Abuse

Finally market realise every sector is too expensive except plantation.

Posted by calvintaneng > 2 days ago | Report Abuse

Mikecyc got mental problem
Until now cannot differentiate between the totally different style of Stockraider and Speakup

They are two different distinct persons

Very sad for Mikecyc. Very sad for those following Mikecyc to holland

Posted by calvintaneng > 2 days ago | Report Abuse

Stockraider and Speakup already joined i3 forum in year 2013 (Mikecyc only joined in year 2019)

Calvin knows both Stockraider and Speakup very well

And these are two different people not the same person as perceived by Mikecyc

Can read their comments here

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2016-12-18-story-h1449597130-What_other_i3_investors_forum_members_said_about_Calvin_Tan_unsolicited

Posted by prudentinvestor > 2 days ago | Report Abuse

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

Posted by StartOfTheBull > 2 days ago | Report Abuse

Total consideration is RM731,087,000.
Proceeds received as at 31st Mar 2024 is RM457,499,000.
Balance of proceeds to be received upon completion is RM273,588,000.
RM222,240,000 is the net book value before sale completion.
The latest announced QR report cannot be wrong.

calvintaneng

55,024 posts

Posted by calvintaneng > 23 hours ago | Report Abuse

In the latest qtrly results of TSH

Of the Rm731.09 millions sold

Rm457 millions cash has already been received

Remaining sum of Rm221 millions yet to be received is due to squatters on lands which needed time to clear out before delivery is complete

In any case even if the final sale of Rm221 mil is aborted the current land value has gone up from 38 sen psf to Rm25 psf

So we will be happy if the sale goes through but happier still if sale is terminated

Posted by StartOfTheBull > 2 days ago | Report Abuse

By the way, how does Calvin knows before any official announcement is made if it is true?

Calvin:
"Remaining sum of Rm221 millions yet to be received is due to squatters on lands which needed time to clear out before delivery is complete."

Posted by investor77 > 2 days ago | Report Abuse

TSH CPO production for April, May and June is - 17k ton, 18k ton, 17k ton as reported in the Star. For ease of calculation, totals 50,000 ton of Palm Oil at 3,800 ton. Revenue is 190 mil, excluding Palm Kernel Oil. Assuming Net Profit Margin of 15%, very conservative, Net Profit is 29 mil plus, equates to Eps of 2 cents, without imputing lower Fertilizer cost, and not counting Palm Kernel Oil profit. Actual profit will definitely be more. How does this justify a price of RM 1/, when NTA is around RM 1.50 , and potentially getting 220 million soon ?

Posted by calvintaneng > 1 day ago | Report Abuse

If you listen to sinchiew quoting Dirty Ib bank that Tsh is Rm1.00 you will end up like the 90% who lost money

Sinchiew should go interview why Director Tan Aik Yong bought 16 millions TSH shares at Rm1.643 average price

Why buy 16 million TSH shares if no good

Why Maybank Ib want to give TSH target price at Rm1.00?

Posted by calvintaneng > 1 day ago | Report Abuse

Ok this is the reason why Maybank iB gave Rm1.00 target price for TSH

Because Dirty Maybank Ib has issued TSH C9 call warrant to bet against TSH

See

https://klse.i3investor.com/web/stock/overview/9059C9

Posted by calvintaneng > 1 day ago | Report Abuse

Evil ib banks and evil media work in cahoot all the time

90% of market players who believe them will lose money year after year

Posted by calvintaneng > 1 day ago | Report Abuse

Tsh sgx mentioned 3rd portion cash in Rm221 mil subject to squatters clearing land

https://www.sgx.com/listing-ceremony/tsh-resources

Posted by SEERESEARCH2023 > 1 day ago | Report Abuse

Promoter here come again with his delusional dreaming...
Kesian no volume.

Posted by calvintaneng > 1 day ago | Report Abuse

https://youtu.be/HK0qAcRWKu0?si=rmwDOZnQ1AxJPXXA

Posted by calvintaneng > 1 day ago | Report Abuse

Shamelessly twisting facts?

Exactly!

1. Public Research tells you Tsh no good but tells Public Mutual Funds buy up TSH shares like no tomorrow

Total shares Public 3 Funds in TSH now more than Top 8 holders among 30 Top holders

Public Funds got even more TSH shares than Spore Dbs Bank which got 38 million TSH shares now in Top 30

Why Public Research only say they give up on TSH verbally only but in real action buy TSH the most among all other Funds

Posted by calvintaneng > 1 day ago | Report Abuse

Shamelessly twisting facts ?

Exactly

Why Sinchiew Quote Maybank Ib that Tsh is only worth Rm1.00 when Director Tan Aik Yong bought 16 millions TSH shares at average price of Rm1.643

Is it not because Maybank IB has given out TSH Call warrant C9 to bet against TSH so it does not want TSH shares price to rise up?

Why Sinchiew also being used to promote lies ?

For this reason of stock manipulation and distortion and "twisting facts" 90% of people are losing money in stock market

Posted by calvintaneng > 1 day ago | Report Abuse

Listen listen listen !

For 30 years year after year the masses up to 90% are losing money in Klse because IB investment banks in cahoot with media have been "twisting facts" and caused them to lose money

So in order to succeed you must do independent self study

Best is oppose what IB Banks and Media promote

Buy what they demote

Yes Especially buy Palm oil shares and in particular TSH Resources

This is the way to escape from among the 90% losers

Posted by calvintaneng > 1 day ago | Report Abuse

Mikecyc with mental problem think Stockraider and Speakup are same person

Better go to Tj Rambutan

Posted by calvintaneng > 1 day ago | Report Abuse

Now Fcpo over Rm3960 and cost of Cpo production Rm2000

Almost 100% gross profit for palm oil companies

Research houses should upgrade palmoil to overweight and no more neutral

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-12-story-h-157019176-WHOLE_WORLD_PALM_OIL_IN_BULL_RUN_WHEN_WILL_MALAYSIA_RESEARCH_HOUSES_UPG

Posted by StartOfTheBull > 22 hours ago | Report Abuse

Invalid link.
xxxxxxxxxxx
calvintaneng

55,041 posts

Posted by calvintaneng > 1 day ago | Report Abuse

Tsh sgx mentioned 3rd portion cash in Rm221 mil subject to squatters clearing land.

https://www.sgx.com/listing-ceremony/tsh-resources

Posted by calvintaneng > 21 hours ago | Report Abuse

This one

https://links.sgx.com/1.0.0/prospectus-circulars/50831

Posted by Huangbk72 > 18 hours ago | Report Abuse

Repost from Jaks Forum to show how dumdum Miketikus is : For laughs 😆😆😆

Hahahhaa.. Miketikus again confirm he is only posting gibberish..🤣🤣🤣🤣🤣

Shot himself again. U REALLY DONT KNOW WHAT YOU ARE POSTING!!! 😂😂😂😂😂

U posted LSS5..

I ask about LSS5

Now you post VN coal plant as your ANSWER to my Q ?? 😂😂😂😂😂

Posted by Mikecyc > 3 minutes ago | Report Abuse

Haha ssleee please translate to yr Dumb Dumbasx lover Pokkai MarryHuang as ppl said she cannot understand Mandarin but shamelessly twisting facts :

为确保整个项目能够圆满完成，CPECC承担全部责任完成电厂建设，包括如需要额外的资本。 JAKS在建设期间将获得项目的4.5455亿美元工程。而此工程也将由CPECC承包。实质上，JAKS肯定会在施工期间赚取大约4亿令吉。此利润将流回合资公司充当JAKS的股权资金。换句话说，JAKS只需要拨出2亿令吉来拥有电厂30％的股份。

Posted by StartOfTheBull > 8 hours ago | Report Abuse

Which page?

xxxxxxxxxxx

calvintaneng

55,043 posts

Posted by calvintaneng > 12 hours ago | Report Abuse

This one

https://links.sgx.com/1.0.0/prospectus-circulars/50831

Posted by Berlin > 7 hours ago | Report Abuse

@StartOfTheBull; Go peruse Appendix J Financial Effects of the Remaining Disposals of Land and especially Item 2. The pro forma statements therein expose the lies and ignorance of Calvin, in particular that Rm221m is yet due from remaining disposals and that all profit had been taken in earlier.

Posted by dompeilee > 7 hours ago | Report Abuse

Next dividend is far far away...no compensation for holding a stagnant stock!

Posted by StartOfTheBull > 6 hours ago | Report Abuse

@Berlin.
Noted. Thank you.


Berlin

307 posts

Posted by Berlin > 1 hour ago | Report Abuse

@StartOfTheBull; Go peruse Appendix J Financial Effects of the Remaining Disposals of Land and especially Item 2. The pro forma statements therein expose the lies and ignorance of Calvin, in particular that Rm221m is yet due from remaining disposals and that all profit had been taken in earlier.

Posted by OneOracle > 6 hours ago | Report Abuse

Democrats fund is in tech.
TRUMP DEADLY HAIRCUT..1st signal to dump tech.
BLUE SCREEN OF DEATH..death of Democrat...2nd signal to dump tech
Biden step down..throw in towel to save congress seat..3rd signal to dump tech
They will wreck the nasdaq b4 trump take over.
Plantation future is bright as cuting windfall tax is profit boosting .
Plenty of cheap tech stock going forward.
Plenty of expensive plantation stock after budget.

Posted by calvintaneng > 5 hours ago | Report Abuse

There is Rm221 Millions still on the way from 13,338 acres still to be sold

Posted by OneOracle > 5 hours ago | Report Abuse

Is there any need to suppresss commodity price anymore for trump?

Posted by calvintaneng > 5 hours ago | Report Abuse

Trump is the opposite of Biden


Biden follows Obama doctrine of containment while Trump goes head on in confrontation

1. Obama wanted US to join TPP (Transpacific Partnership Pact) to contain China

That will benefit ASEAN 10

2. But Trump in power 2016 scrapped all hope of Us joining

3. In 2020 Obama helped Joe Biden won election and reverted back to a more moderate trade plus Biden croynies in Tech
Tech boomed

4. Now that Trump in power again the entire set-up of Obama and Biden go into reverse gear again

The sell down of Tech has begun

Now these old traditional stuff will do well

1. Gold
2. Silver
3. Bitcoin (Trump supporter Elon Musk also into Crypto

4. Farmlands and commodities (Trump main power bases are all along farm belts

Bible belts. Opposer of abortion

So Palm oil 🌴🌴🌴 will be a beneficiary

Tsh Resources will do fine

Posted by calvintaneng > 4 hours ago | Report Abuse

TSH cost of Cpo production Rm2000 to Rm2200

Now Fcpo Rm3970

https://www.tradingview.com/symbols/MYX-FCPO1!/

Posted by titan3322 > 1 hour ago | Report Abuse

Whoever becomes The US President it's not going to affect much in Msian stocks. Today Notion is Green2 💚 cantik lor