Posted by calvintaneng > 2024-01-10 14:25 | Report Abuse

Do not lose patience holding a value stock which Insiders/ Directors themselves put so much of their own capital and effort in

They bought the most

They took the trouble to do dual listing in Singapore

Posted by curiousq > 2024-01-10 15:00 | Report Abuse

Good in rhetoric but never give firm answer !

Posted by EZMONEY13 > 2024-01-10 16:07 | Report Abuse

Actually how good and why TSH is good ??? I dont see him AS good as mentioned ?

Posted by ybss99 > 2024-01-10 18:57 | Report Abuse

Sell land or sell fruit? Focus on what?the land can sell meh..... hairan

Posted by OneOracle > 2024-01-11 09:17 | Report Abuse

Everyday pass by Tsh and plantation index is nearer to Monthly Bolliger Band SQUEEZE breakout.
This is a Monthly BB squeeze break out.
Worth to take note.

Posted by SEERESEARCH2023 > 2024-01-11 10:00 |

Post removed.Why?

Posted by curiousq > 2024-01-11 10:06 | Report Abuse

singapok preacher will pray for it

Posted by Berlin > 2024-01-11 10:13 | Report Abuse

A weak BB breakout is better than none. TSH will cross RM1 and someone who got hammered in KGB thread will shout his prophesy is about to happen. Repeat and repeat ad nauseam.

Posted by SEERESEARCH2023 > 2024-01-11 11:26 | Report Abuse

Break out? Look properly it is not break out but a bait signal. No volume in plantation all these while for months dude. Sharks are well known to manipulate the indicator. Arent they the one teach u how to do the TA.

Posted by calvintaneng > 2024-01-11 12:24 | Report Abuse

Why you come here disturb

Didn't you promise OTB to be gentleman?

Posted by SEERESEARCH2023 > 2024-01-11 13:24 | Report Abuse

It is a down trend no matter what he promote because no body buying his low price entry ticket. Ald price in still promoting, arent that very obvious?

Posted by OneOracle > 2024-01-11 14:45 | Report Abuse

Utility downtrend for 5 yrs broke out and uptrend for 1 year in 2023. It had been bullish for 1 year and its coming to its end soon probably.
Plantation downtrend for 9 years, broken out downtrend in 2022 feb and finish correction in 2023 resume reversal in 2024.

Plantation downtrend is already over in monthly chart in 2022.
2023 is pull back and consolidating to resume uptrend reversal in 2024.

If KLCI is marching to 1700. They cannot do without plantation as it is one of the heavy weight sector.
It is still very undervalued.


EPF had dumped a lot of Planation stock in 2022 for several pay out in last 2 years.
PM already directed local fund need to concentrate more on local market.
Time for them to buy back what they sold off.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:35 | Report Abuse

TSH financial statements

RM (millions)
Item ... 2022 ... 2021 ... 2020 ... 2019 ...2018
Cash ... 382 ... 297 ... 163 ... 126 ... 108
STD ...395 ... 523 ... 691 ... 537 ,,, 663
LTD ... 166 ...591 ... 623 ... 898 ... 793
TD ... 561 ... 1114 ... 1314 ... 1435 ... 1356
NetD .. 179 ... 817 ... 1151 ...1309 ... 1248

NOI ... 316 ... (91) ... (34) ... (36) ... (24)
PBT ... 507 ... 199 ... 98 ... 43 ... 74

Latest qtrly PBT earnings
Item ... Sept23 ... Jun 23 ... Mar 23 ... Dec 23
PBT ... 54.5 ... 24 ... 59.1 ... 56.1

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:37 | Report Abuse

Sept 2023 Latest
Cash 328 m
STD 290 m
LTD 126 m
Total Debt 416 m
Net Debt 88 m

Posted by calvintaneng > 2024-01-11 16:43 | Report Abuse

Again this 3iiinvestbodah failed to see

Tsh got 21.95% of Inno which is 105 million shares of innoprise plant

It has Rm137.5 millions equity

If sold Tsh will be debt free cash rich

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:45 | Report Abuse

@ RM 0.99 per share, its market cap is RM 1.37 B

Posted by calvintaneng > 2024-01-11 16:46 | Report Abuse

Another Rm273 mil from part two land sold on the way

About 18 sen net cash

Iiinvestbodoh failed to see Bplant also sold lands to Ytlpower and unlocked value

He missed Bplant
And will also miss Tsh

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:46 | Report Abuse

How should you analyse TSH as an investor?

Always look at its recurrent income.
Extraordinary income is one-off and non-recurring.

Posted by calvintaneng > 2024-01-11 16:47 | Report Abuse

Tsh Nav was about Rm1.05

Now Rm1.50 and going up

Why up?

Answer:

Dispose assets at high price to increase value

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:47 | Report Abuse

The plantation (oil palm) had a good run for 2 years. Its exceptional profit margins have contracted back to its prepandemic level.

Posted by calvintaneng > 2024-01-11 16:48 | Report Abuse

There are 3 factors

1. Tsh income was used to pare down Rm1.46 Billions for its lands bought

Now debt less than Rm90 mil and soon debt free

Posted by calvintaneng > 2024-01-11 16:49 | Report Abuse

2. AFTER DEBT PARED DOWN INNO GAVE GOOD DIVIDENDS

SO TSH WILL DO THE SAME

Posted by calvintaneng > 2024-01-11 16:50 | Report Abuse

3. Like Bplant Tsh got lots of assets bought at Rock bottom price

Now turning into "gold mine" lands

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 16:50 | Report Abuse

TSH was a hugely indebted company. It had no choice but to dispose its assets to pare down its huge debts. The good oil palm price allowed the company to dispose its assets in a favourable market environment.

It has pared down its debts substantially.

Nevertheless, going forward, its recurrent earnings will be like its past. One should not expect great changes. Of course, the savings in interest expenses are obvious.

Posted by calvintaneng > 2024-01-11 16:50 | Report Abuse

So there are three engines of growth for Tsh

Posted by calvintaneng > 2024-01-11 16:52 | Report Abuse

To be able to own over 200,000 acres of lands which is bigger than Spore landsize of Rm180,000 incur high borrowings

Now all debt almost cleared

And land has gone up 3x, 5x or 10x in value

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-01-11 17:06 | Report Abuse

calvintaneng should be more humble. I am so much richer than him. It is always better to be humble.

Posted by OneOracle > 2024-01-11 17:11 | Report Abuse

Bplant profit and operation is terrible and far far worse than TSH
Yet it can sell at 3.6 billion market cap almost 3 x of TSH.
KLK and LTAT doesnt think its expensive.

Just benchmark similar plantation company with Bplant you know roughly what the sellable value is.
Dun just value it by using operation profit.
Your property can't rent out temporarily doesnt mean it shld sell at 50% discount.

Posted by SEERESEARCH2023 > 2024-01-11 19:48 |

Post removed.Why?

Posted by calvintaneng > 2024-01-11 20:07 | Report Abuse

IKN NUSANTARA

Amazing Speed

70% Completed

Ready for Official Launching as READY FOR BUSINESS BY JULY 2024

https://www.youtube.com/watch?v=kEyYcM-K0zY

Posted by calvintaneng > 2024-01-11 20:09 | Report Abuse

When IKN NUSANTARA is finally ready in full bloom

Putra Jaya will be miles behind

https://www.youtube.com/watch?v=QMZjYE331NQ

Posted by OneOracle > 2024-01-11 20:53 | Report Abuse

If tsh were to sell all their plantation land at current market land price.
It will fetch them 6 to 8 billion . Period.
If u can fork out 3.5 billion u cant even buy over tsh coz the boss wont sell.

Posted by OneOracle > 2024-01-11 20:56 | Report Abuse

If its not revealed to public.How can it be priced in?
If its not public aware means its grossly undervalued by market.

Posted by OneOracle > 2024-01-11 21:03 | Report Abuse

Tsh sold 680 million land parcel comprises about 10% of total landbank.
That is non productive land.if it is productive land price will even be higher.
That price is 2 to 3 yrs ago price not current inflationary environment.
10 x 680 million is 6.8billion .

Base on current inflationary land price environment.
All tsh land is worth 6 to 8 billion at least.
So u think 3.5 billion enough to make boss sell his stake?

Posted by OneOracle > 2024-01-11 21:05 | Report Abuse

So u think Ltat or klk is wise to take private bplant at 3.5 billion?

Posted by OneOracle > 2024-01-11 21:20 | Report Abuse

Thats why klk buy over was rejected because its too cheap.
They wont let klk buy over at so cheap price.
If klk were to offer 6 to 8 billion they sure sell.
3.5 billion they rather eat it up themselves.

Posted by calvintaneng > 2024-01-11 21:38 | Report Abuse

Tsh assets will worth more than Bplant

Bplant prime lands only in Prai, Negeri Sembilan, Perak only
others more agriculture

for Tsh the lion portion of it's lands 94,700 acres are in Ikn Nusantara

and they are worth far more as time progresses

Posted by calvintaneng > 2024-01-12 11:39 | Report Abuse

https://www.tradingview.com/symbols/MYX-FCPO1!/

Fcpo now above Rm3,800

Most Palm oil co cost of Cpo production only Rm2,000 (more or less)

https://www.tradingview.com/symbols/MYX-FCPO1!/

THERE IS A HUGE GROSS PROFIT MARGIN OF 80% TO 90%

BETTER STAY SAFE IN PALM OIL

Posted by calvintaneng > 2024-01-12 12:19 | Report Abuse

And today Inno is up 3 sen

since Tsh owns 105 millions Inno shares Tsh gained Rm3.15 millions

Inno is the best Managed Glc among Malaysia state companies

Well done Tsh

Posted by calvintaneng > 2024-01-12 12:21 | Report Abuse

So Tsh has multiple streams of income

from palm oil Ffb harvested

from its 6 palm oil milling

from its 50/50 Jv Refinery with Wilmar in Sabah

from its timber

from its rubber

from its cocoa

from its investments in Innoprise

from its land bank price appreciation in Ikn Nusantara

from its biomass and bioelectricity

Tsh is filled with lots of value

Posted by calvintaneng > 2024-01-12 12:23 | Report Abuse

also Tsh owns the specialty wood flooring business of Ekowood and it's high performing OIL palm seedlings nursery

Posted by calvintaneng > 2024-01-13 10:41 | Report Abuse

Land in Kutai/Ikn Nusantara

was 10,000 rupiah in years 2015 to 2018

after New Capital Status was given by 2020/2021

Land prices jumped 1,000%
from 10,000 to 100,000 rupiah per meter

Latest

Now Land in Ikn Nusantara (Dec 2023) has reached

1 million rupiah per meter

See

https://www.youtube.com/watch?v=deWfLqSXiUU

Posted by OneOracle > 2024-01-13 10:55 | Report Abuse

TSH Resources Berhad is a company that primarily earns from its plantations. Over the years, TSH has increased its plantation footprint and activity with a healthy expansion of its land bank and planted areas across East Malaysia, as well as in Sumatera and Kalimantan, Indonesia.

As of June 2021, TSH Resources has a total land bank of 132,000 hectares in both Indonesia and Malaysia .

TSH Resources Bhd announced the sale Oil palm plantation measuring 13,214 hectares of land together with uncertified land adjoning the plantation measuring 683.36 hectares in North Kalimantan for RM731.09 million.

13, 214 hectare = 731 million

132,000 hectre = 7.31 billion

7.31 billion / 1.381billion share

5.30 per share @2021

2024 after deduct land sales at kalimantan = 4.80 per share
NTA now is only 1.48
The true net asset value of TSH is more than RM5.
Not including other assets.
If 13000 hectare is valued at 730 million in 2021
why 120000 hectare at 2024 is valued only at 1.3 billion market caps (not considering other valuable assets like cash )?
Everything is priced in ?
You mean the attap house (10 x smaller n land size ) next to your bungalow is worth 100k and yours worth only 200k?

Posted by calvintaneng > 2024-01-13 10:55 | Report Abuse

how much is 1 million rupiah in ringgit

1,000,000 Indonesian Rupiah equals
299.07 Malaysian

ok 1 sq meter is 10.764 sq feet

to get per sq ft price

divides Rm299.07 by 10.764

= Rm27.78 per sq ft

Wow!

That is how much per acre

so 27.78 x 43,560

= Rm1.21 Millions per acre

And TSH RESOURCES GOT 94,700 Acres

so

Rm1.21 Million X 94,700
= Rm52,707,600,000

Rm52.7 BILLIONS

How much cash per share of TSH?

= Rm38.18

That is how valuable TSH 94,700 Acres of Land there now

So if Tok Mat said, "Bplant is now plant trees on "Gold Mine Lands"

Then what is TSH planting on in IKN NUSANTARA?

See

https://www.youtube.com/watch?v=TA9bKmmrQrY

Posted by OneOracle > 2024-01-13 10:59 | Report Abuse

No wonder so many plantation company ended up privatise.
So cheap , the market valuation is so priced in and distorted.
No wonder Bplant ended up privatized so cheap.

Posted by Felix888999 > 2024-01-13 11:19 | Report Abuse

What is average tree age for TSH?
10 years?

Posted by OneOracle > 2024-01-13 11:23 | Report Abuse

If u got 1.5 billion u can buy 120k ha land at tsh.
120k ha palm oil land that is worth billions.
So cheap. 1.5 billion can buy rich land mass bigger than singapore.

Posted by OneOracle > 2024-01-13 11:26 | Report Abuse

Klk original plan is to buy 97 ha of bplant at 3.5 billion.
Tsh 120 k ha only at 1.5 billion.

Posted by calvintaneng > 2024-01-13 11:55 | Report Abuse

Felix

The average age of trees for Tsh is 12 years
So for next 13 years until age 25 will see good fruitful harvest and no need of further expense from current oil palm 🌴

But Tsh is now using extraFunds from land sold to do new planting for those unplanted remaining lands to increase its total planted landbanks

While waiting for multi year land boom in Ikn Nusantara Tsh will also see good current income from palm oil business

Posted by calvintaneng > 2024-01-13 11:59 | Report Abuse

The most fruitful fruit bearing age for palm oil is between 9 years to 20 years

Jtiasa average age is 14 years

Tsh average age is 12 years

So both are now at their most productive stage