TSH RESOURCES BHD

KLSE (MYR): TSH (9059)

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Last Price

1.23

Today's Change

+0.02 (1.65%)

Day's Change

1.22 - 1.24

Trading Volume

1,207,800


15 people like this.

27,270 comment(s). Last comment by calvintaneng 2 days ago

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

Just wonder only lah what happens when Co use up all the cash to support the stock at 1.20 ?

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

When the Co no longer afford to do So SBB market forces will dictate the direction and the TP by IBs will be used as a guide but also don't take it the gospel truth lah 🤣🤣🐒🐒🐓🐓🪱🪱

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

The dilemma you are in now is that when you buy at 1.20 you wouldn't know when they will do a SBB higher than 1. 20 but when you sell at 1.20 you may not buy back at a much lower price. I have have decided to sell at 1.20 and say goodbye. Can buy back some others good dividend plantations stocks 😊😊 I just don't like SBB 🐒🐒

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

OneOracle is correct

A check with Tsh past SBB record of 2019 shows they started SBB below 80 sen and kept up buying

Then Tsh crossed Rm1.50
Almost up 100% till year 2020 Covid 19 hits

So if history repeats and Sbb continues then we should see Tsh go up much much higher in similar pattern

Since SBB is Rm1.20 any pullback below Rm1.20 very safe to add

With 5 sen dividend support it is a yield of 4.2% and better than Bank FD

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Strong SBB trend in motion

Only Healthy Trees bear fruit

So only healthy company like Tsh can give out dividend and do SBB

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507628

Posted by Investformilkmoney > 2 weeks ago | Report Abuse

Another BB. It will continue.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

After Jtiasa

Now is Tsh

Berlin

409 posts

Posted by Berlin > 2 weeks ago | Report Abuse

Neither desperate wishing nor share buy backs will help push TSH to greater heights. What helps is improved future earnings and/or possibly, sale of a parcel Kalimantan lands at elevated prices to excite punters. The partial Kalimantan land sale cancellation earlier this year after protracted delays certainly dampened investor enthusiasm. Opening of Ikn Nusantara to the public has come and gone but likewise the excitement and constant news. TSH share price is now so far behind JPG and JTiasa. It seems idiocy and obstinacy continues to be bed partners.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

if you have sold off Tsh for Jtiasa just move on

no need to berate and talk bad after all there are others still holding the torch

live and let live

the world is big enough for all

As for Tsh Directors/Insiders have been considerate to bring us another nice dividend of 2.5 sen, in time for a Christmas 🎄 present 🎁 knowing full well that this is the last chance to before next year's extra 2% tax on dividend received above Rm100,000

Plus the support of share buy gives confidence against Ib banks RSS short sell

All in all Tsh is still a good work in progress

Berlin

409 posts

Posted by Berlin > 2 weeks ago | Report Abuse

Spelling out existing facts is not talking bad. There's a lesson to be learnt from this. But some people are incapable of accepting mistakes and learning from it. Worse still, they drag some naive souls into their quagmire and are unapologetic about it.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

So?

did we drag naive souls into quagmire when Jtiasa was 85.5 sen?

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Listen listen listen !

To buy 85.5 sen and sell now to buy laggards Tsh is wise as Genine might come out to sell Jtiasa

For Tsh even when it reached Rm1.89 none of the Directors sold

WilburR2

876 posts

Posted by WilburR2 > 2 weeks ago | Report Abuse

laggard flexing now

RockerArm

547 posts

Posted by RockerArm > 2 weeks ago | Report Abuse

Look like coming

Youngkid

299 posts

Posted by Youngkid > 2 weeks ago | Report Abuse

Boleh all in lol!

Easyguy

47 posts

Posted by Easyguy > 2 weeks ago | Report Abuse

I also think now is the right timing to buy

OneOracle

556 posts

Posted by OneOracle > 2 weeks ago | Report Abuse

Most likely will break out cup and handle on monthly like FCPO.

Sales

3,283 posts

Posted by Sales > 2 weeks ago | Report Abuse

I follow Calvin buy called at 0.63sen. I sold at 1.45 and below. Now very safe in TSH.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Happy for you Sales

Yes i bought lots of Jtiasa at 63 sen and sold after it crossed Rm1.40

Then bought back at Rm1.03 to receive 3.5 sen dividend to bring down real time cost to 99.5 sen

Since Jtiasa again rebounded above Rm1.50 i happy to take some profit

Any more higher i will sell INTO STRENGTH and Switch to other bombed out laggards

When Jtiasa was 63 sen and bombed out nobody stood with me and now Jtiasa over Rm1.50 everybody goes GaGa

To buy low sell high?

Very very very hard

More likely people chase high then sell low

newbie9893

2,450 posts

Posted by newbie9893 > 2 weeks ago | Report Abuse

I am all in

newbie9893

2,450 posts

Posted by newbie9893 > 2 weeks ago | Report Abuse

1.23 Resistance breakout...heading to 1.5 in two week's time

Berlin

409 posts

Posted by Berlin > 2 weeks ago | Report Abuse

@Calvintaneng ; When someone tells obvious fibs, the hair on my arms stand on end. They are standing straight up now.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

A happy day as expected

Tsh now no more Call warrants till April 2025

so no IB banks do RSS short sell

Tsh rose up 4 sen to Rm1.25

Jtiasa will face 2 call warrants on Jan 2025 and as such Jtiasa sold and pressed down by IB RSS short sell from Rm1.49 to Rm1.43 (down 6 sen)

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Fantastic SBB

Tsh SBB is 2.1 million shares from Rm1.21 to Rm1.25

this reminds us of Chairman buying up Tsh from Rm1.09 to Rm1.89 in year 2022

Go go power ranger!! 💪💪💪

doitanyway

581 posts

Posted by doitanyway > 2 weeks ago | Report Abuse

@Calvintaneng, tqvvm for the excellent news on TSH SBB and not forgetting your regular posts. Looks good !

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

Warren Buffett’s $1 test and how to tell if a company is allocating its capital wisely

Buffett is essentially talking about return on invested capital (ROIC).

If a company invests $100 in something at the cost of capital of 10%, which in turn earns $7 in earnings forever, it would have a market value of only $70 ($7/10%), failing the $1 test.

Earnings of $11 or more would pass the test.

When companies make the decision to invest in M&A, CapEx or buybacks, they must make a conscious effort in evaluating if the potential returns would be meaningful and not capital destructive.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

ROE of TSH is 5.06%. It was not a surprise that it is trading at a fraction of its book value.

For shareholders of TSH, they will prefer the management allocate capital more efficiently: preferring dividends to share buyback, given its low return on invested capital.

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

This fella failed to see value in

Kulim 🏆
Tmakmur 🏆
Kwantas 🌴 🏆
Ijm plant 🏆
Bplant 🏆

he called them gruesome

and also cannot see Tsh has settled Rm1.46 billions debt and now full of cash

Tsh is far better than
Nestle (5 year chart down by 33%)

Dlady (5 year chart down 38%)

avoid this dinosaur if you want to succeed in Klse

see

https://klse1.i3investor.com/m/blog/www.eaglevisioninvest.com/2019-12-03-story242906-THE_PROBLEM_OF_3iii_IS_HE_HAS_TUNNEL_VISION_IN_INVESTMENT_HE_CANNOT_SEE_WHAT_OTHERS_SEE.jsp

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

These are candidates for privatization

1. Tsh Resources 🏆

2. Thplant 🏆

3. Rsawit 🏆

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

Can buy now later got SBB at 1.25 🤣🤣🐒🐒🤣🤣

OneOracle

556 posts

Posted by OneOracle > 2 weeks ago | Report Abuse

From TSH management sbb pattern and historical behavior.
Personally believe there is going to be a major corporate exercise probably next year.
In 2019 SBB for 3 mths. The price went up to 160 probably going even higher before covid strike.
Their 720 million disposal plan was delayed until 2021.

The price likely move to 1.80 to 2 range by next year based on chart.
Most will jump ship before 1.4 scratching their heads without any idea whats driving the rally.

Meanwhile hope more doubters will sell their holding cheap to TSH.

Posted by Investformilkmoney > 2 weeks ago | Report Abuse

Well, if there are people keep selling at lower price to the company, it is good for us who is buying and holding. Meaning the company can buy at lower price and have extra cash later for dividends to us. Please sell.

WilburR2

876 posts

Posted by WilburR2 > 2 weeks ago | Report Abuse

nice job slow and steady 1.27

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

Hari ni tarak SBB to support price maybe drop to let their kaki to buy then do the SBB later on 🤣🤣🐒🐒

Posted by Investformilkmoney > 2 weeks ago | Report Abuse

Already announced today buyback 1.6mils. See TSH buy cheap because you sell.

kl_guy

1,618 posts

Posted by kl_guy > 2 weeks ago | Report Abuse

tsh need to break rm1.27 resistance level

titan3322

2,826 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

@Investformilkmoney if sold at 1.27 and bought back at 1.23 not bad mah 🤣🤣🐒🐒🪱🪱

Posted by Investformilkmoney > 2 weeks ago | Report Abuse

OK la. You do that. See. You also got benefit from the buybacks right?

OneOracle

556 posts

Posted by OneOracle > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/12/12/supportline
TSH Resources Bhd is attempting to break above a recent trading high of RM1.29.A successful breach could see the share rise to a 20-month high of RM1.85.

The technical indicators support a breakout, with the slow-stochastic rising to 78 points and the RSI increasing to 61 points.



The MACD histogram has charted a higher positive bar for a third consecutively day.

Support lies at RM1.20 and RM1.16.

OneOracle

556 posts

Posted by OneOracle > 2 weeks ago | Report Abuse

Hope do not break out so fast.
Let TSH sbb more share.

WilburR2

876 posts

Posted by WilburR2 > 2 weeks ago | Report Abuse

thanks fo info one oracle

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Support now got the fire power of Tsh's Rm200 MILLIONS CASH HOARD FOR SBB

CHAIRMAN WAS KNOWN TO BUY CONSISTENTLY 500,000 TSH SHARES DAILY WITH HIS OWN HARD EARNED MONIES IN 2022/3

NOW TSH WITH HUGE CASH HOARD PLUS EVEN MORE CASH INFLOW CAN CERTAIN BUY MUCH MORE AND IN BIGGER QUANTITY

STOCKS LIKE MAMEE, DAIMAN, MMC CORP AND OTHERS WERE BOUGHT BY DIRECTORS AND COMPANY SBB UNTIL ALL TAKEN UP AND PRIVATIZED

OneOracle

556 posts

Posted by OneOracle > 2 weeks ago | Report Abuse

This type of sbb is rarely seen. Quite aggressive.
What is TSH management up to?

Rockers

251 posts

Posted by Rockers > 2 weeks ago | Report Abuse

Look like going to come down

calvintaneng

56,928 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Since Company is using shareholders' funds to do SBB

Any price weakness will be cheaper deployment of funds

These will be kept as Treasury shares

1. It can be cancelled and free float will be less

2. So if there is Cash for dividend then there will be less to share and everyone will get a bigger share

3. Treasury shares can also be given out as dividend in specie

This one will not be subjected to extra 2% tax of dividends received above Rm100k

So SBB is definitely positive for shareholders

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