Another day another purchase by Insider Boss of TSH Resources
See
KLSE: TSH (9059) TSH RESOURCES BHD MAIN : Plantations Last Price Today's Change Day's Range Trading Volume 1.11 +0.02 (1.83%) 1.09 - 1.12 4,612,100 > Trade this stock for as low as 0.05% brokerage. Find out more. Overview Technical Research Headlines Disclosures Warrants Insider - Director All Acquisitions Dispositions Others Hints : [1] Click the View Detail icon table to view the detail page.
Click here to modify the Visible Columns. Show 25 entries Search: Name Details of Changes View Date Type No. of Shares Price KELVIN TAN AIK PEN 01-Sep-2021 Acquired 300,000 -
Notwithstanding Epf sell Tsh just like Epf sold IjmPlant at Rm1.86 to Rm1.90 before KLK took over ijmplant at Rm3.10
" CRAZY AMOUNT OF SHARES BOUGHT , " NON STOP BUYING ORDERS " another IJM Plantation --- T ENACIOUS S AMSON H ERCULES ( TSH )
sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 = 21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00 almost RM 23.6 millions onwards
A potential indicator of a stock’s future performance is the level of stock that insiders are buying. In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital. Their access to non-public information puts more weight on their buying and selling decisions. With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason.
That is, they believe that information is going to be released that will boost the stock price in the near future.
Or , the next step is to take the company into serious consideration for private exercise.
Let us endeavour to find the
REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -
AT CHAIRMAN LEVEL -
KELVIN TAN AIK PEN ----
MASSIVE CONTINUOUS BUYING ORDERS
(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )
NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .
sub total : number of TSH shares bought from
1 March 2021 to
1 September 2021 =
21,850 ,000 shares
( 21,850 lots X average prices RM 1.08 = RM
23,598,000.00
almost RM 23.6 millions onwards
THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE.
Please note at this current time the KLSE market conditions are not favourable
in view of political uncertainties and
also the economic conditions , coupled with the cases of Covid -19
are on the increase thus creating poor sentiments in KLSE.
The top management , main director had been accumulating
with huge number of shares recently
Tan Aik Pen , recent bought more than
" many , MANY , MANY
TSH shares , "
Pls note : after Kelvin Tan Aik Pen on his massive strong buys ,
EPF from seller ( 3 , 8 June 2021 ) turns buyer on 23 July 2021.
Remarks
REASON NUMBER 1 / ONE
REASON : NUMBER TWO actually please refer NUMBER 1
REASON NUMBER THREE actually please refer NUMBER 1
REAL MOTIVES OF INSIDER IS BUYING
A potential indicator of a stock’s future performance is the level of stock that insiders are buying. In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital. Their access to non-public information puts more weight on their buying and selling decisions. With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason.
That is, they believe that information is going to be released that will boost the stock price in the near future.
Or , the next step is to take the company into serious consideration for private exercise.
Let us endeavour to find the
REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -
AT CHAIRMAN LEVEL -
KELVIN TAN AIK PEN ----
MASSIVE CONTINUOUS BUYING ORDERS
(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )
NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .
sub total : number of TSH shares bought from
1 March 2021 to
1 September 2021 =
21,850 ,000 shares
( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00 almost RM 23.6 millions onward
THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE.
Please note at this current time the KLSE market conditions are not favourable
in view of political uncertainties and
also the economic conditions , coupled with the cases of Covid -19
are on the increase thus creating poor sentiments in KLSE.
Latest News Flash Caution continues to dominate TheStar Sat, Sep 04, 2021 12:00am - View Original
“Plantations stood out as all 11
stocks outperformed
“And so is plantation-
oil palm stocks are my choice.
Surpassing expectations:
The plantation sector
was the clear winner for the quarter under review, with most companies reporting profits that exceeded expectations thanks to strong average selling prices of CPO. — Bloomberg
THE recently concluded results season showed some sectors reporting profits exceeding or at least meeting with market expectations but on the whole, cautiousness continues to dominate going into the rest of the year, and even beyond.
The plantation sector was the clear winner for the quarter under review, according to Kenanga Research, with most companies reporting profits that exceeded expectations thanks to strong average selling prices of crude palm oil (CPO).
“Plantations stood out as all 11 stocks outperformed
our expectations except for IOI Corp Bhd and PPB Group Bhd that came in within and United Malacca Bhd that came in below expectations,“ it tells clients in a report.
“Against our estimates, the plantations sector had an overwhelming 73% of stocks surpassing expectations,” Kenanga says, adding that the other two sectors that surprised positively were utilities and healthcare while sectors leading the misses were construction, gaming and consumer.
The banking sector – always one to be watched – also did relatively well with no major negative surprises.
Some banks even declared dividends higher than what the market was anticipating.
Thomas Yong, CEO at Fortress Capital Asset Management, (pic below) opines that on the whole, second-quarter corporate earnings for Malaysia came in largely within expectations.
Fortres Capital Thomas Yongs Fortres Capital Thomas Yongs
“This is viewed positively considering the movement restrictions imposed as a result of the Covid-19 situation, as well as the political uncertainty.
“Overall, exporters benefited from external demand recovery but domestic-centric companies were affected by lower domestic consumption demand,“ Yong tells StarBizWeek.
He points out that risks associated with the banking sector were a concern for investors during the earlier part of the pandemic but so far, credit risks are perceived to have been well managed.
“Having said that, hiccups in delivering better earnings in the coming quarter due to the protracted movement restrictions are expected.
“In our view, the banking sector is a good proxy to any recovery of the broader economy going forward and the overall risk-reward profile is favourable, given the undemanding valuations of the sector,“ Yong adds.
For the coming year, he believes the technology sector would continue to do well due to favourable external semiconductor demand, particularly in the segments of 5G, electric vehicle and renewable energy.
That said, there could be some short-term disruptions due to chip shortages and logistic issues.
Meanwhile, in view of a higher rate of vaccination among regional countries going forward, he believes that a recovery of tourism-related sectors is possible, as countries are likely to adopt the “endemic approach” and open up their borders.
“In summary, the sectors which performed poorly in the recently-concluded results season might perform well due to pent-up demand when the Covid-19 outbreak is brought under control,“ says Yong.
For the second quarter, sectors that delivered poorer results were those hit hard by the movement restrictions including tourism, automobile, construction, retail and gaming.
“Technology and commodity sectors reported good earnings due to strong external demand and higher commodity prices,“ Yong adds.
Rakuten Trade Sdn Bhd head of equity sales Vincent Lau (pic below) notes that the recently concluded quarter saw better results compared to the quarter before.
“This is viewed positively considering the movement restrictions imposed as a result of the Covid-19 situation, as well as the political uncertainty.
“Overall, exporters benefited from external demand recovery but domestic-centric companies were affected by lower domestic consumption demand,“ Yong tells StarBizWeek.
He points out that risks associated with the banking sector were a concern for investors during the earlier part of the pandemic but so far, credit risks are perceived to have been well managed.
“Having said that, hiccups in delivering better earnings in the coming quarter due to the protracted movement restrictions are expected.
“In our view, the banking sector is a good proxy to any recovery of the broader economy going forward and the overall risk-reward profile is favourable, given the undemanding valuations of the sector,“ Yong adds.
For the coming year, he believes the technology sector would continue to do well due to favourable external semiconductor demand.
High chance there will be a RTO. To be openly buying in will bot augur well to any suitor for TSH. Now is just a matter whether a fair price will be paid. You can see the pace and volume of buy back is getting more intense month by month.. because the prices are getting expensive. So, the D day should be near. They buy backs nowadays are around 300,000 shares or even chunks of 1,000,000 shares compared to earlier 170,000 shares per day.
High chance there will be a RTO. To be openly buying in will bot augur well to any suitor for TSH. Now is just a matter whether a fair price will be paid. You can see the pace and volume of buy back is getting more intense month by month.. because the prices are getting expensive. So, the D day should be near. They buy backs nowadays are around 300,000 shares or even chunks of 1,000,000 shares compared to earlier 170,000 shares per day. 05/09/2021 8:42 PM
1. Fully agreed with you : greenland ; it is another corporate exercise , with high upside on the price, it will be fast and furious , no doubt as the Public Bank research latest issued is Target Price RM 1.75
=========================================================================== TSH Resources - A Pair of Lucky Breaks Date: 25/08/2021
Source : PUBLIC BANK Stock : TSH
Price Target : 1.75 | Price Call : BUY Last Price : 1.08 | Upside/Downside : +0.67 (62.04%) Back
Riding on the strong CPO price performance and a steep FFB production growth from Indonesia, TSH saw its 1HFY21 earnings doubling to RM78.4m. The results beat ours and the street expectations, making up 73% and 71% of full-year estimates, respectively. No dividend was declared for the quarter. In view of the stronger-than-expected results, we revise up our FY21-23 earnings forecasts by 15%-38% after raising our profit margin and FFB production growth to 19% (previously 7%). Consequently, our TP also increases from RM1.46 to
RM1.75 based on 24x FY22 EPS.
Maintain Outperform call.
2QFY21 revenue (QoQ: +55%, YoY: +46%). The impressive topline of RM307m was mainly boosted by stronger plantation sales despite weaker contributions from non-core businesses. Plantation revenue jumped 84% YoY to RM335m, driven by stronger both CPO prices and higher production. Average CPO prices advanced from RM2,099/mt to RM3,441/mt, a massive growth of 64% YoY. FFB production rose 16.5% YoY to 255,151mt, led by stronger production in Indonesia (+21.1%) despite weaker production seen in Sabah (-15.3%). Non-core sales tumbled 38.1% YoY to RM17.7m, mainly dragged by weaker cocoa sales. Core earnings surged to RM45m. it would have been a record breaking quarter if not because of the additional Indonesian export levy and duty on CPO amounting to RM72.2m. the Group recorded core earnings of RM45m, bolstered by stronger plantation earnings as CPO and palm kernel prices rallied. Plantation EBIT margin jumped from 10.6% to 28.2%. On the other hand, earnings contribution from other businesses registered a loss of RM1.6m, as cocoa business was negatively affected by the Covid-19 pandemic due to lower consumption of cocoa butter globally. Meanwhile, earnings contribution from its 21.9%-owned Innoprise Plantations doubled to RM4.5m. Outlook guidance. In contrast to the earlier estimates of 7-11%, it is understood that the Group is now targeting higher FFB production growth of 18-20%. The steep FFB production growth achieved in Indonesia was surprising with the management attributing it to the i) young age profile, ii) consistent manuring programme and iii) high productivity backed by sufficient workforce. Meanwhile, we understand that the Group has a 2- month forward selling practice for its CPO production. Only a small replanting area was achieved during the quarter. Based on our sensitivity analysis, every RM100/mt change in CPO price would translate to 7-10% increase in the Group’s bottomline.
Source : PUBLIC BANK Date issued : 25/08/2021 TSH --- Price Target : RM1.75
Indonesia cut duty from USD255/tons to USD175/tons effective 2nd July 2021. I think this has postive impacts on TSH next quarter since it paid almost 72m duty last quarter. Will at least save 30% on duty qoq that will improve their profit at least 21m minimum in coming quarter i guess.
Tsh is among the few laggards still not up like others due to the "entity fund manager" for EPF that kept up selling Tsh shares while insider boss kept up buying
That is our only opportunity to buy more Tsh on the cheap while others like ijmplant and taann have gone up so high
So just buy as much as you can afford before the "entity fund manager" acting on behalf of EPF either stop or finished selling all Tsh shares then Tsh will certainly go up like the rest and no holding back
Today Tsh Insider Boss bought 300,000 shares at Rm1.148 (getting higher now)
Name Date of acquisition No. of shares purchased Average purchased price per share (RM) % of shares purchased Kelvin Tan Aik Pen 08.09.2021 300,000 1.1480 0.0217
High chance there will be a RTO. To be openly buying in will bot augur well to any suitor for TSH. Now is just a matter whether a fair price will be paid. You can see the pace and volume of buy back is getting more intense month by month.. because the prices are getting expensive. So, the D day should be near. They buy backs nowadays are around 300,000 shares or even chunks of 1,000,000 shares compared to earlier 170,000 shares per day. 05/09/2021 8:42 PM
Fully agreed with you ; as there is impending potential corporate exercise coming up very soon. --------------------------------------------------------------------------------------------------------------------------------
TO : Investorrr
tp RM2 07/09/2021 8:24 AM Fully agreed with you. ---------------------------------------------------------------------------------------------------------------------------------
( i ) to take TSH into private vehicle that means private company
(ii) ____________ ?
(ii) possibly certain "off market deals " to institutional syndicated funds
for their necessary actions.
now disclosing in this particular update post .
TSH/ TENACIOUS SAMSOM HERCULES ---- WILL BE FAST & FURIOUS ;
UP WHEN EVERYTHING IN THE POLITICAL DEBRIS SETTLED .
CAN YOU AFFORD TO MISS OUT
or
RATHER YOU WILL NOT WANT TO BE LEFT BEHIND
This clearly demonstrates how the institutional funds , including the national fund behaves , strangely , it may seem so.
ANOTHER
IJM Plantation CORPORATE DEAL ?
REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -
AT CHAIRMAN LEVEL -
KELVIN TAN AIK PEN ----
MASSIVE CONTINUOUS BUYING ORDERS
(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )
NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .
sub total : number of TSH shares bought from 1 Marc 2021 to 1 September 2021
= 21,850 ,000 shares
( 21,850 lots X average prices RM 1.08 = RM23,598,000.00
=========================================================================== =========================================================================== TO : warrenchok90
Dont think it slowly… might explode soon. Will up 10 sen per day. 09/09/2021 6:52 PM
Fully agreed with you , when TSH comes , it will be fast & furious , at least per day up RM 0.05 to RM 0.10 for at least 3 days in a row . ========================================================================== ==========================================================================
1. It is the first day of fast + furious for this stock ; a new beginning ; No more inching up RM 0.01 cents
Buy considerations before you TOTALLY MISS OUT ? ! ? !
At first my target price is 1.25 then i change my mind to 1.5. Now i pretty much sure 1.8 at the end of the year. Will keep it till december if it achieve my 1.8 only consider sell.
CPO futures close lower on higher stockpile. CPO could continue under pressure next week due to higher than expected palm oil stocks in Aug 21, even higher than last yr Aug 2020.
Overall, palm oil stocks grew 25.28% to 1.87 million tonnes from 1.49 million tonnes previously. On production, MPOB said CPO output increased by 11.8% to 1.70 million tonnes against 1.52 million tonnes in July, while palm oil exports eased 17.06% m-o-m to 1.16 million tonnes in August from 1.40 million tonnes in July.
At the close, the CPO futures contract for September 2021 fell RM76 to RM4,574 a tonne, October 2021 dipped RM105 to RM4,413 a tonne, and November 2021 and December 2021 eased RM114 each to RM4,278 a tonne and RM4,184 a tonne, respectively.
So , in short -- in KLSE is almost like 11 players consisting of small kids from the kindergarten , trying to grow up or trying to grow out , playing soccer with / against the smallest trainee lad in Liverpool club. This comment is not intended to belittle our participants / serious investors in KLSE , more so ; we can learn and grow into a matured , strong financial market with strong underlining of foundation of natural resources of environmental friendly oil palm plantations , oil & gas natural resources , strong racial cultures with core values of different races , whereby the South East Asia countries can view our KLSE financial markets with pride and good characteristics of leadership .
Can KLSE financial markets --- grow into progressive fully matured financial markets and positively ?
The answer is YES
As we, Malaysians are in transit from one growth phase into another , with progressive government of the day that has continuous improvement programmes for the Malaysian people .
basing on daily CPO price staying above rm4k per ton ,and opening of global economies, couple with land sales,should see a breakout of 1 20 to confirm longer term bullish.
KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACT WORTH ABOUT RM420 MILLION
The Board of Directors of the Company is pleased to announce that Kelington Technologies Sdn Bhd (“KTSB”), a wholly-owned subsidiary of Kelington had on 14 September 2021 received an award of contract from a manufacturing company at Sama Jaya Free Industrial Zone in Kuching to undertake the construction work with respect to their Sarawak Expansion Project (“the Contract”). The manufacturing company is owned by a US multinational company, a world leading developer, manufacturer, and provider of data storage devices and solutions.
The Contract value is worth about RM420 million subject to the actual amount of works carried out, depending on variation orders, scope options and value engineering. The works shall commence in mid-September 2021 and expected to be completed by 31 December 2022
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
54,926 posts
Posted by calvintaneng > 2021-08-28 23:14 | Report Abuse
TSH Resources & Innoprise: How Innoprise Plantation prise rise will benefit TSH as it owns 21% of Innoprise Plant shares?, calvin Tan
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-28-story-h1570607336-TSH_Resources_Innoprise_How_Innoprise_Plantation_prise_rise_will_benefi.jsp