Posted by kl_guy > 2022-07-18 12:33 | Report Abuse

tsh have plantation at indonesia. labour issue not severe.

Posted by StartOfTheBull > 2022-07-18 12:37 | Report Abuse

Right. Politic unstable and corruption index high, foreign funds flow to other SEA countries.

Posted by StartOfTheBull > 2022-07-18 12:41 | Report Abuse

Jjptr is not wrong, it is getting worse for Malaysia based plantations companies. Investors assume TSH is almost the same as other Malaysia based plantations companies.

Posted by StartOfTheBull > 2022-07-18 12:43 | Report Abuse

TSH has roughly 85% estate lands and operations in Indonesia.

Posted by PSAi3alert > 2022-07-18 13:26 | Report Abuse

StartOfTheBull,

Yes, the bulk of TSH's revenue is derived from Indonesia.

For FY2021, TSH paid RM228.135M for Indonesia Export Levy and Duty on CPO. And for Q1 2022, RM45.935M was paid for levy and duty.

With the removal of levy and duty until 31st August 2022, TSH will save around RM25M for Q3 2022.

.

Posted by StartOfTheBull > 2022-07-18 13:36 | Report Abuse

29 Jun. Yes, shareholders has approved the land disposal.

Posted by supersinginvestor > 2022-07-18 14:35 | Report Abuse

Our fren calvin not here...
He selling away after talking so much leaving all u guys high and dry..
Typical calvin...
Tut tut

Posted by PSAi3alert > 2022-07-18 14:47 | Report Abuse

JJPTR,

You are repeating questions that have been addressed.

CH William Tahar & WONG has valued the land based on 'Hak Guna Usaha'.

The purchasers are buying the land for 'Hak Guna Bangunan'.

The Bulungan land sale, when completed, will result in a savings of approximately RM18.76 million per annum when RM550M of borrowing is reduced further.

Between 31st March 2020 and 31st March 2022, borrowing was reduced by RM466.439M (from RM1445.469M to RM979.03M).

I fail to see the connection between the possibility of a aborted land sale with the need to raise funds through rights issue to cover bank loans. TSH's cash as at 31st March 2022 is RM340.446M .

If aborted, they will just take a longer time to become debt-free.

.

Posted by PSAi3alert > 2022-07-18 14:48 | Report Abuse

Repost on why the Bulungan land is valuable for the purchasers.

Posted by PSAi3alert > 5 days ago

Previously, JJPTR raised some issues on the Bulungan land sale and the possibility of the deal with aborted.

The following are a few notes on the buyers of the land at Bulungan regency, North Kalimantan and the intended usage for the land.

President Joko "Jokowi" Widodo officiated the groundbreaking of the Bulungan green industrial park last year.

Projects have been lined up. Land conversion will not be an issue.

Garibaldi Thohir representative of buyer of KIPI land, is the President Director of Adaro. Adaro Energy Indonesia TBK PT has a market cap of IDR 94.36T (RM27.93 Billion)

Justarina S.M. Naiborhu representative of buyer of KIKI land, is the President Director of TBS Energi. TBS Energi Utama Tbk PT has a market cap of IDR 6.24T (RM1.85 Billion)

Development of the green industrial park at Bulungan is led by Garibaldi Thohir:

"The industrial park will draw power from soon-to-be-operational hydropower and solar power plants, and will host producers of high-tech and precision products such as semiconductors, lithium-ion batteries, solar panels, industrial silicon and "green aluminum" – aluminum made using low-emission processes. Investors from Indonesia, China and the United Arab Emirates (UAE) are behind this consortium, named PT Kalimantan Industrial Park Indonesia, led by Indonesian tycoon Garibaldi Thohir, who owns the land and who is president director of the country's second-largest coal producer PT Adaro Energy."

TBS Energi has teamed up with Gojek to develop Indonesia 2-wheel EV ecosystem:

"GOJEK has teamed up with Indonesian energy company TBS Energi Utama (TBS) to launch a new venture aimed at developing Indonesia's two-wheel electric vehicle (EV) ecosystem, the companies said in a joint statement on Thursday (Nov 18).

The new entity, known as Electrum, seeks to build a comprehensive and scalable EV ecosystem throughout the country, tapping the ride-hailing start up's deep presence in Indonesia and TBS' capabilities in the energy sector.

This will include two-wheel EV manufacturing, battery packaging, battery swapping infrastructure, as well as financing for EV ownership, Gojek and TBS said."

.

Posted by KooSan > 2022-07-18 15:18 | Report Abuse

Indonesia currently has about seven million tonnes of palm oil in tanks, including in make-shift floating storage facilities. During peak harvest season, the country typically produces three to four million tonnes a month, which means reducing stocks requires twice the amount of exports or about six million tonnes at least until August

Posted by hng33 > 2022-07-18 15:36 | Report Abuse

Bought tsh at 95-96sen

Posted by StingRay > 2022-07-18 15:39 | Report Abuse

again would like to remind all .. no contra play at the moment. not with current sentiment. thank you.

Posted by hng33 > 2022-07-18 15:56 | Report Abuse

CPO price recovery, stock oversold, time to rebound

Posted by Chon888 > 2022-07-18 16:17 | Report Abuse

Abang Jo：Sarawak to help Indonesia build new capital Nusantara
13-07-2022
----------------------------------------

Kuching Jul 13_ Sarawak will play a role in helping Indonesia to build its new capital Nusantara in Kalimantan, said Datuk Patinggi Tan Sri Abang Johari Tun Openg.

The Premier said there will be many opportunities ahead in Kalimantan, especially in areas near Nusantara, which is likely to draw some 30 million people from Jakarta and it's greater metropolitan area .

(Part extract from Malay Mail)

Posted by calvintaneng > 2022-07-18 16:18 | Report Abuse

Kungfu hng33 reminds Calvin of Drb last time abount these prices around 90 plus sen

hng33 then sold drb on rebound above Rm1.00 and left

Calvin held on to Drb till Rm2.70 (up 200%)

Yes Calvin holding all Tsh till Rm2.00 to Rm3.00

Posted by Mikecyc > 2022-07-18 16:31 |

Post removed.Why?

Posted by SEE_Research > 2022-07-18 16:32 |

Post removed.Why?

Posted by Mikecyc > 2022-07-18 16:32 |

Post removed.Why?

Posted by Chon888 > 2022-07-18 16:33 | Report Abuse

Sorry, the wording should be "its greater metropolitan area " instead of it's greater metropolitan area.

Posted by SEE_Research > 2022-07-18 16:35 |

Post removed.Why?

Posted by StartOfTheBull > 2022-07-18 16:38 | Report Abuse

Vtrade, kaptain sudah kembali.

Posted by anthonytkh > 2022-07-18 16:38 | Report Abuse

Aw crap…. now this thread will be crap again… argh

Posted by StartOfTheBull > 2022-07-18 16:41 | Report Abuse

Wrestling ring is set. Go

Posted by StartOfTheBull > 2022-07-18 16:41 | Report Abuse

Haha, Anthony.

Posted by anthonytkh > 2022-07-18 16:42 | Report Abuse

Where is my buddy Skoh?

This TSH thread returning to its old ages again possibly… ;)

Posted by calvintaneng > 2022-07-18 16:44 |

Post removed.Why?

Posted by StartOfTheBull > 2022-07-18 16:48 | Report Abuse

Calvin, you make me laugh. Ok

Posted by Mikecyc > 2022-07-18 16:55 |

Post removed.Why?

Posted by skoh888 > 2022-07-18 16:58 | Report Abuse

@anthony....skoh busy buying cpo futures while you are buying sand haha

Posted by skoh888 > 2022-07-18 17:00 | Report Abuse

cpo futures will close above 4000 today....3921 currently

Posted by Chon888 > 2022-07-18 17:10 | Report Abuse

1) Strong rebounce - CPO futures price.

2) Strong rebounce -US Stock Market Futures

3) Looking forward to better tomorrow.

5.07 pm
18-07-2022

Posted by skoh888 > 2022-07-18 17:43 | Report Abuse

@anthony...the stock starting with N which you have mentioned before looks really good at this level. Commercialization is about to begin next month!

Posted by anthonytkh > 2022-07-18 17:44 | Report Abuse

The fella gone nuts again after witnessing, but not eating himself, a bit of green vege today

Dude. Stop. Let the market decide.

Posted by anthonytkh > 2022-07-18 18:00 | Report Abuse

Dunno what N stock you talking bout Skoh!

Posted by StingRay > 2022-07-18 18:02 | Report Abuse

Anthony, it was doing well until someone open their big mouth? Wakaka.

Posted by VTrade > 2022-07-18 19:27 | Report Abuse

Today market seem good.
Ape Nsop Nylex Nasdaq... also good.

Captain balik bagus lo...
Without Metroman
Megamind will bored.

Posted by VTrade > 2022-07-18 19:29 | Report Abuse

All macam fulltime sini.

Will be back
Lepas dapat fikir faham callwarant itu.

Posted by StartOfTheBull > 2022-07-18 20:47 | Report Abuse

Who said the world will have excess foods and vegetable oils? Everyone must help to save our planet earth instead for ourselves and our descendents.
https://www.theguardian.com/environment/2022/jul/18/humanity-faces-collective-suicide-over-climate-crisis-warns-un-chief

Posted by StartOfTheBull > 2022-07-18 20:54 | Report Abuse

UN secretary general, António Guterres told ministers from 40 countries meeting to discuss the climate crisis on Monday: “Half of humanity is in the danger zone, from floods, droughts, extreme storms and wildfires. No nation is immune. Yet we continue to feed our fossil fuel addiction.”
He added: “We have a choice. Collective action or collective suicide. It is in our hands.”
- Extract from the guardian.com -

Posted by SEE_Research > 2022-07-18 23:39 |

Post removed.Why?

Posted by SEE_Research > 2022-07-18 23:47 |

Post removed.Why?

Posted by calvintaneng > 2022-07-19 00:01 |

Post removed.Why?

Posted by calvintaneng > 2022-07-19 00:26 | Report Abuse

"behold a watcher, and an holy one came down from heaven (Daniel 4:13b KJV)"

Posted by StingRay > 2022-07-19 00:28 | Report Abuse

habis... expect the price will come down. jialat.

Posted by Raymond Tiruchelvam > 2022-07-19 03:30 | Report Abuse

commodities and oil ..... rebouded but too sharp... up for profit taking, but hope at least 2-3 days up trend lah.... before down... let ppl be happy a bit lah... n harm mah

Posted by SEE_Research > 2022-07-19 08:08 |

Post removed.Why?

Posted by calvintaneng > 2022-07-19 08:23 |

Post removed.Why?

Posted by VTrade > 2022-07-19 08:25 | Report Abuse

See,
2kali captain hilang sini
no asking i3 to buy at low

Should be that time their hawk member dumb dumb buy at 92 in watapp ?

Posted by calvintaneng > 2022-07-19 08:25 | Report Abuse

Tsh took Ekowood private at 40 sen in year 2017 when it was Rm1. 96

Tsh also got 300,000 acres forest concession lands from Sabah Govt

As of now Tsh has Rm400 millions worth of biological assets

So there is a lot of hidden potential value in Tsh

Posted by calvintaneng > 2022-07-19 08:29 |

Post removed.Why?