Posted by calvintaneng > 2022-12-13 18:19 | Report Abuse

do the sum on pm corp

was 15 sen
get back cash payout 8 sen

real time cost 7 sen

today pm corp 19.5 sen

or up by 178% in 9 years

Posted by calvintaneng > 2022-12-13 18:22 | Report Abuse

or up 19.7% each year for every year of the past 9 years

Posted by calvintaneng > 2022-12-13 18:28 | Report Abuse

Tsh chairman buying 500,000 shares insignificant ?

of course you obviously don't know maths

he has 330 million Tsh shares cost rm400 millions more or less

if Tsh goes to rm2.20 he will be a billionaire in palm oil

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-13 19:59 | Report Abuse

>>>>
calvintaneng

Calvin also recommended pm corp in year 2013 at 15 sen and it did gave an 8 sen cash payout

after that pm corp still paid some dividends which brought down pm corp overall cost to 7 sen

so now after 9 years pm corp now 19.5 sen means it is up by double digit gain for each of 9 years

>>>>>>



Such a creative way of calculating returns. Only calvin can fool himself. At least be honest.

Your capital was $x
Your total dividends received were $y
The present price is $z

Total % return over 9 years
= [($z - $x + $y)/$x] - 1


Then calculate the CAGR.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-13 20:06 | Report Abuse

>>>>

calvintaneng

Tsh chairman buying 500,000 shares insignificant ?

of course you obviously don't know maths

he has 330 million Tsh shares cost rm400 millions more or less

>>>>>
0.5 m / 330 m
= 0.0015%.

A listed company's share price dropped drastically. His stockbroker informed him that it did not look good for the company for the price to remain at such low levels. The insider bought some shares to support the price but the price went up temporarily and slightly but soon reverted to its previous lows.

Posted by calvintaneng > 2022-12-13 20:24 | Report Abuse

Many know the price of a thing but few know the value

When Pm Corp was 15 sen we bought

It dropped to 12 sen we bought more

Then pm corp crashed below 10 sen and many panic sold and cutloss

Then pm corp dropped to 9 sen

Pm corp stayed at 9 sen for over a year

Pm corp turned into pm corpse

We keep buying

One day pm corp crashed to the all time low of 7.5 sen all wrung their hand in despair

Only the one with lion heart and nerve of steel bought pm corp at lowest 7.5 sen in the time of greatest pessimism

As it turns out pm corp later went up to 37 sen

Those pm corp bought at 15 sen (no cutloss ) made more than 100%

But those bought in time of greatest fear made 400%

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-13 20:43 | Report Abuse

calvin will be more credible when he also talks about his losses as enthusiastically as he talks about his winners. Haha ;-)

Presently, too much noise from little, of very little value.

Posted by VTrade > 2022-12-13 20:44 | Report Abuse

See been washing away…

Posted by calvintaneng > 2022-12-13 20:50 | Report Abuse

hahaha this 3iii is just too busy body

there are other 1000 counters which you can go and invest if you are not interested in Calvin's Tsh Resources

no one ask you to come here if you wish not

unless you too free

Successful businessmen don't fool around

Posted by calvintaneng > 2022-12-13 21:37 | Report Abuse

This person got inferiority complex just like his disciple mickey mouse

Lack of self confidence so he tries to talk down others to feel good

Very immature

Posted by StartOfTheBull > 2022-12-13 21:41 | Report Abuse

Why do this great sifu 3iii actively come to TSH counter and throw in some financial terms such as CAGR, ROA, ROE etc etc to lay down his points? Interestingly, most of his points are negative compare to Calvin's points all positive.

Posted by calvintaneng > 2022-12-13 21:45 | Report Abuse

He was Sifu once in dutchlady

Now no more

He fossilised like old dinosaur

Dutchlady story long over now Holland grandma

Posted by StartOfTheBull > 2022-12-13 21:46 | Report Abuse

It seems he is also quite knowledgeable and experienced person in investments but I don't think his points are convincing enough. How about others think about him?

Posted by StartOfTheBull > 2022-12-13 21:49 | Report Abuse

Oh I see. Hahaha
*******
calvintaneng

48,998 posts

Posted by calvintaneng > 9 minutes ago | Report Abuse

This person got inferiority complex just like his disciple mickey mouse

Lack of self confidence so he tries to talk down others to feel good

Very immature

Posted by calvintaneng > 2022-12-13 21:49 | Report Abuse

Old grandma type tak bolih pakai now

His dutchlady dropped by half since last 5 years

Dividends also cut by half

He cannot see all palm oil companies are increasing in dividends every one

Posted by StartOfTheBull > 2022-12-13 22:15 | Report Abuse

Calvin what is your comment about this one especially the one he mentioned investing and speculating. You may ignore the NEXT part.

***********

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 5 days ago | Report Abuse

What ma you learn from Calvin's wanton promotions in i3? Lessons from from wanton promotion of Netx.

>>>
This is a highly manipulated stock. It is part of the game of Fintec Global Berhad.

When dishonest Calvin promoted this Netx stock, I was not surprised there would be excitement among the herd.

For those who did not understand the difference between investing and speculating, their hard earned money were soon separated from their pockets. In this game promoted by Calvin, if you did not know who was the PATSY, it was likely you.

Posted by calvintaneng > 2022-12-13 22:31 | Report Abuse

Startofthebull

next was part of The Nfcp theme or national fiberisation theme with Opcom, redstone, ock and gpacket

I only chose three out of five

next, Opcom and redtone

Opcom and redtone did ok except for Netx

Netx has the exinda network equipment which they sold to Telekom and also to data centre

if they could concentrate then it should do ok

unfortunately they went and goreng fintec, xox, at and many others pump and dump rubbish of little value

little time is given to caltivate Netx's business

in any case Netx still got cash raised from Rights issues and they got shoplots in Sq Wang so not all is lost

on the other hand there are worst stocks out there like London biscuit, Serba, Gpacket, Mmag, inix, puc and others which 3iii never once warn anyone

Posted by calvintaneng > 2022-12-13 22:35 | Report Abuse

see if Calvin recommended hundreds of stocks why can't they point out more but only a very small handful?

lots more were taken private Chun Chun like super enterprize, weida, Karambunai, thestore, Daiman, Kulim, Kwantas, Ta enterprize, Tmakmur and Ijmplant

Posted by StartOfTheBull > 2022-12-13 22:36 | Report Abuse

So TSH is not related to Fintec Global Berhad, right?

Posted by SEE_Research > 2022-12-13 22:38 |

Post removed.Why?

Posted by calvintaneng > 2022-12-13 22:44 | Report Abuse

and these were star performers

mfcb (my father comes back)
vs tech
Ancomny
Texchem
Bonia
Complete logistic
carimin(currymee) during ogse
Hlt and Esceramic during glove bull
pohuat during furniture bull
prestar( buy it before it turns into a star)
rcecap(king of banking )
supermax (up from Rm1.73 during glove superbull and sold above Rm18.00
mphbcap when it was 70 sen
masteel (master of long steel) during bull theme

plus pm corp (still good till now )

many others in their cycles

Posted by calvintaneng > 2022-12-13 22:46 | Report Abuse

Fgv is definitely undervalue

see next post on Fgv

Posted by SEE_Research > 2022-12-13 22:56 |

Post removed.Why?

Posted by calvintaneng > 2022-12-13 23:05 | Report Abuse

to keep spamming and repeating irrelevant stuff is at the height of insanity

Posted by calvintaneng > 2022-12-13 23:06 | Report Abuse

better you go see a doctor

Posted by StartOfTheBull > 2022-12-13 23:16 | Report Abuse

I like 3iii, he posts something new ,interesting and most of all not too long and with confusing flying symbols, it doesn't matter his points are right or wrong.

Posted by Hate the Spammers in i3 > 2022-12-13 23:35 | Report Abuse

Yes just report the spammer namely see_research aka mikecyc akb akc

Posted by SEE_Research > 2022-12-13 23:44 |

Post removed.Why?

Posted by SEE_Research > 2022-12-13 23:52 |

Post removed.Why?

Posted by SEE_Research > 2022-12-13 23:57 |

Post removed.Why?

Posted by supersaiyan3 > 2022-12-14 01:02 | Report Abuse

Wah, I checked little bit, Calvin 老點

Posted by calvintaneng > 2022-12-14 06:16 |

Post removed.Why?

Posted by calvintaneng > 2022-12-14 06:18 | Report Abuse

Both Tsh and Kgb wb were rm1. 09

All can keep track how much dividends can get plus how prices will perform in one, three or five years time

Posted by calvintaneng > 2022-12-14 06:32 | Report Abuse

As for SEE Research calling our Top 10 palm oil stocks with over 200,000 acres as pebblee is a blatant lie

He recommended Sh Chan at 58 sen to Eagle Group and now Sh Chan is only 32 sen (dropped 45%)

Why Eagle Admin banned SEE Research?

Answer:

Because SEE Research promoted Tsh to Eagle Group that it is

T enacious
S amson
H ercules

And Tsh will go to Rm2. 00 more than 10 times

However when Tsh reached Reached Rm1. 50 he sold

Posted by calvintaneng > 2022-12-14 06:47 |

Post removed.Why?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-14 07:26 | Report Abuse

Dear fellow investors,

Did calvin explain the operating loss faced by TSH in its lastest quarterly results?

>>>>
Fiscal year is January-December. All values MYR Thousands.
Qtr 30-Sep-2022

Sales/Revenue
262,652.0

Gross Income
94,624.0

SG&A Expense
121,439.0

Non Operating Income/Expense
301,367.0

Interest Expense
11,012.0

Pretax Income
283,349.0


The pretax profit for the last quarter included 301,367.0 (x1,000) non-operating income. If you were to minus this off, looks like its operating income for the last quarter was actually negative (a loss).
>>>>

Posted by calvintaneng > 2022-12-14 07:33 | Report Abuse

Look at the bottom line

And from now no more high int debt will save lots more

So sound balance sheet triggered 8 sen 1st interim dividend

Nav is up 32 sen Yoy from Rm1. 18 to Rm1. 50

Loan reduced by over Rm400 mil QoQ to only Rm140 mil

Income from operation is only one aspect as Tsh sought to pare down all debts

Posted by calvintaneng > 2022-12-14 07:35 | Report Abuse

Go study Yinson

It has no imcome if you see its "profits" from Rights issue and iou

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-14 07:42 | Report Abuse

>>>>
Fiscal year is January-December. All values MYR Thousands.
Qtr 30-Sep-2022

Sales/Revenue
262,652.0

Gross Income
94,624.0

SG&A Expense
121,439.0
>>>>>


Operating expenses were more than its gross income. This is worrying.

It paid 11m in interest expense too.

Thus, this latest quarterly loss is doubly worrying should it continues into subsequent quarters.

Was its gross margin too low relative to its revenues?
Was its operating expenses too high relative to its revenues?
How can TSH increase its next quarterly revenues, should the CPO price remains unchanged the subsequent months?

The company's debt was huge. What were these debts used for in the past?

Selling assets to pay down debt and to raise working capital is good move by management of TSH and will buy TSH some breathing space for now.

If revenues do not improve, or gross margins do not improve, or its SGA expenses (operating expenses) remain at this level, the business of TSH will be challenging indeed.

Not a great business. Maybe good to gruesome company, perhaps nearer to the gruesome end.

Share your comments.

Posted by calvintaneng > 2022-12-14 07:42 | Report Abuse

Yinson asked for rm1. 14 By Rights issue yet it needed to borrow even more monies

Cash of rm3 billions came from Rm2 billions rights issue

Debt ballooned from rm7 billion to Rm10 billions

Overall debt even with Rights issue still up by more than Rm1 billions

Tsh on the other hand paid off over Rm1 billions borrowings

Go study very carefully

Posted by calvintaneng > 2022-12-14 07:47 | Report Abuse

This year two things added value

1. Monies earned settled rm1. 2 billion bank loans

So future interest payment no longer holds as Tsh turns cash rich when rm238 mil balance sum in from land sold

2. Tsh Nav up from rm1. 18 to Rm1. 50

Asset is cash in solidification

Posted by calvintaneng > 2022-12-14 07:49 | Report Abuse

Plus the sign of a healthy is the bearing of abundant fruit

Tsh pays 11 sen dividend this year among the highest dividend in its history

Posted by calvintaneng > 2022-12-14 07:49 | Report Abuse

Healthy tree bears fruit
Healthy company gives dividend

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-14 07:55 | Report Abuse

>>>>

Fiscal year is January-December. All values MYR Thousands.
30-Sep-2022
30-Jun-2022
31-Mar-2022
31-Dec-2021
30-Sep-2021
5-qtr trend

Sales/Revenue
262,652.0
424,413.0
337,349.0
328,350.0
309,074.0

>>>>>

A significant drop in its revenues of the latest quarter.
What were the reasons?


You are a better investor when you think of your stock like a business you own and operate.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-14 08:03 | Report Abuse

When you invest, do your homeworks diligently. In particular, study the free cash flows of the company. Of course, FCF varies with the stages of the company's life.

For a matured company that has a great business, you would like it a lot when it is generating increasing FCF over a long period. This growing FCF reflects the quality of its business with a strong economic moat. FCF in this great company can be used to pay down debt, grow its business organically or through acquisition, buyback its own shares and to distribute dividends.

Besides FCF, look also for ROA > 10% and ROE > 15%, as a general guide.

Posted by calvintaneng > 2022-12-14 08:13 | Report Abuse

A company like Tsh RESOURCES has many businesses

Palm oil
Palm oil mill
Palm oil refinery
Land assets

cocoa manufacturing
Biomass
Bioelectricity

Forest Concession over 300,000 acres
As an added value Tsh took Ekowood private

Now since Tsh received extra windfall cash from land sold it has redirected operating cash flow into forest operation with expense of Rm34.5 Millions (see balance sheet)

That is about 2.51 sen

If not then it will be retained as profit from operation

Rm34.5 millions spent is to reap future harvest so Tsh has foresight and long term strategy

Posted by calvintaneng > 2022-12-14 08:17 | Report Abuse

As to Free Cash Flow(FCF) from year 2013 Tsh will follow Inno with lots of CASH INFLOW

FOR THIS YEAR THE ROI (RETURN OF INVESTMENT)

AT RM1.09 WITH 3 SEN + 8 SEN DIVIDEND IS 11 SEN

OR 10% DIVIDEND

NEXT YEAR WILL SEE MORE REGULAR DIVIDENDS LIKE INNO

Posted by calvintaneng > 2022-12-14 08:22 | Report Abuse

Should read as

From year 2023 Tsh will be debt free and lots of CASH INFLOW LIKE INNO FOR DIVIDEND PAYOUT

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-14 08:26 | Report Abuse

Which of its company's businesses are generating operating profits and which are operating at losses?

Calvin is smart to share why TSH reported an operating loss the latest quarter? Will this be reversed or continued next quarter?

Posted by calvintaneng > 2022-12-14 08:41 | Report Abuse

Tsh is called TSH "RESOURCES"

IT IS INTO RESOURCES AS WELL AS IN BUSINESS

JUST LIKE A SWEET POTATO PLANT

ABOVE GROUND YOU SEE SWEET POTATO LEAVES

THESE CAN BE HARVESTED AND EATEN OR SOLD

IS THAT ALL?

NO!

BENEATH THE SOIL ARE HIDDEN JUICY SWEET POTATOES

THESE WORTH EVEN MORE

NOW BULUGAN LAND 32000 ACRES WERE SOLD FOR RM731.09 MILLIONS IN CASH

FURTHER SOUTH TSH GOT 94700 ACRES OF PALM OIL LANDS ABOUT 3X BIGGER

IF WE TAKE SAME RM731 MIL FOR BULUGAN LAND THEN

RM731 Mil x 3

Over Rm2.1 Billions

That is over Rm1.50 cash

This Also can be given as Cash payout

Can you ,"see" or not??