KLSE (MYR): TSH (9059)
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Last Price
1.14
Today's Change
0.00 (0.00%)
Day's Change
1.12 - 1.15
Trading Volume
759,000
2024-08-19
2024-08-14
2024-08-12
2024-08-09
2024-08-09
2024-08-09
2024-08-09
2024-08-09
calvintaneng
55,868 posts
Posted by calvintaneng > 2022-07-08 08:46 | Report Abuse
Keep this in mind again
when Bplant announced sale of Kulai estates to Ytl power for Rm429 millions cash Mr Market did not pay attention then as Bplant was still a low at 58 sen
Then AFTER BPLANT received Rm429 millions and reported a profit of 15 sen with 7.3 sen dividend Mr Market chased Bplant to Rm1.09
So now we already know Tsh has sold Sabah lands for Rm248 mil and profit is 7.56 sen
this profit is only partly reported in May 2022 result of 6.99 sen (P/E now 3.5)
there is another 3.99 sen profit to be reported in Aug 2022 results
plus normal operation Aug 2022 results should be good as well
Best is yet to come
1. Sale of Bulugan land confirmed for Rm731.09 millions and profit is an excellent 31 sen
2. Tsh's 4 plots of lands in Kutai now in land boom and prices are rising
3. After all debts cleared Tsh can follow Innoplant by giving very high dividends for years to come. Directors of Tsh founded Inno for Sabah Govt and has a 21.95% stake