advertised land prices in Ikn Nusantara for sale is about Rm8.00 to Rm10.00 psf currently or about Rm350,000 or more an acre
Tsh cost per acre only Rm5,000 more or less
no wonder all the Tsh Directors fully loaded up on Tsh shares and willing to pay so high prices for them
Director Lim Fook Hin added 500,000 shares of Tsh at Rm1.10 on Jan 2022 to increase his holding of Tsh to 2.1 Million shares
Director Tan Aik Yong bought 16 million Tsh shares at average cost of Rm1.643 to make it over 5% holding and reported as substantial holders
Director and Chairman Kelvin Tan Aik Yong bought Tsh as high as Rm1.79 to make his total holding over 340 million Tsh shares
all these Directors/ Insiders full of confidence after buying and now Tsh price depressed are still holding every precious Tsh shares tightly and tenaciously
They know some Big Things are ahead of Tsh yet to come
Mkh Palm oil has 45,000 acres palm oil in Ikn Nusantara
Tsh Resources has about 150,000 to 200,000 acres remaining palm oil estimates
Out of these 94,700 acres are located near Ikn Nusantara (more than double land size of Mkh palm oil)
Plus Tsh got other palm oil lands in Sabah,Kalimantan and Sumatra
Tsh also got 300,000 acres of forest concession land in Sabah planted with timber
Tsh also taken private Ecowood (just like Klk took ijmplant)
Tsh owns 105 million shares of Innoprise plant Worth Rm137.5 millions
If Tsh just sell away Inno for Rm137.5 mil cash Tsh will be debt free instantly with more than Rm60 mil surplus cash
Tsh is awaiting Rm273 mil from part two land sold About 18 sen cash per share
Tsh has a 50/50 Joint Venture Factory with Wilmar in Sabah. Worth Rm100 Millions book value
Tsh also got biogas and bioelectricity Tsh also got its original Cocoa manufacturing business Tsh also got its own palm oil nurseries growing the most productive palm oil hybird species
All these are known to Insiders/Directors and totally not reported by Media or Research houses
That is why Directors/Insiders have been buying and holding tightly every precious Tsh shares
Why go for Mkh oil palm Ipo? When you can get the bargain Tsh now at 🔥 fire sale price below Rm1.00??
Tsh 50/50 joint venture in Sabah with Wilmar is a Palm oil Refinery Making cooking oil and other downstream products for direct export to China and India 2.8 billion ready consumers
Also Tsh has a total of 6 palm oil mills (according to Fgv BOD a palm oil mill today is worth as much as Rm60 million. If 6 then 6 x Rm60 mil = Rm360 mil)
Out of the Rm731.09 mil land sold more than half set aside for replanting, new planting and also possible new biogas mil
All these extra cash set aside will increase the profit in future
So Tsh is on to a new phase of growth while retaining its deep land value assets in ikn nusantara for amplified jump 🦘 in real estate value
Since by this year Tsh going to be debt free and cash rich it will morph into a dividend play like Inno in Malaysia and Bumitama agri/Goldenagri of Spore
As such BOD of Tsh is so confident it has done a dual listing of Tsh shares in Singapore
"I invite you all because the price of land is still low. Here, (at the IKN location), it (land price per meter) is still below Rp1 million (around US$63.08)," he remarked. By President JOKOWI
When Sabah Govt told Tsh BOD (Board of Directors) to help manage Inno in year 2007 it has given 300,000 over acres of forest lands to Tsh as long term concession
On these lands Tsh painstakingly built and now got Rm400 millions worth of timber biological assets
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
55,019 posts
Posted by calvintaneng > 2024-01-04 16:50 | Report Abuse
Now 35% of fuel in Indonesia
Got palm oil