You will have to ask Executive Chairman Kelvin Tan what's on his mind. We can only make an educated guess as to his plans. Going by recent developments, perhaps more land/asset sales to bring in quick profits.
1. To do SBB Tsh will mop up shares and then when it needs to pay out dividends later shareholders will get better dividends. The contrast is give out private placement or cheap Esos that will dilute share value
2. Shares done by SBB can later be
a) sold back when prices are higher(Sbb is a usual indicator that the share is undervalue
,b) can be cancelled as Treasury shares to add value for remaining holders
For TSH, when CPO price is peak, TSH price will follow, sell all and take profit. just relax and wait till CPO price slip, you just start to collect back., the CPO price is like sea tide, up and down. knowing this theory, you can make the money. No need so many big theory and repeating analysis, follow what i practice, as long as you are not greedy, and don't try to eat sugar cane till the root, you will never break your teeth.
Get out the shopping cart only if it drops back to $1.10 or below. Neither M'sia nor Indonesia are thriving economically at the moment. Just look around if you don't believe me. Besides, this is obviously an old man stock for fogies like Calvin with very minimal volatility so I don't have too much patience for such stocks: chop chop, earn dividend & get OUT as fast as possible!
Repost: All Indonesia biodiesel producers already got their monthly production quoto they need to deliver to Pertamina for 2025.
The only problem is if CPO price premium against diesel widen then most likely Indonesia government will run out of money to subsidize biodiesel by 3rd or 4th quarter 2025.
The related parties are: (i) Rejang Height Sdn Bhd (Licensee of land at Lepah & Daro Jaya); and (ii) R.H. Forest Corporation Sdn Bhd (Licensee of land at Sawai, Lassa & Kabang). Total rental payment for FY2024: (i) Rejang Height Sdn Bhd – RM2,830,891.20 (ii) R.H. Forest Corporation Sdn Bhd – RM6,688,899.60
The land rental paid is for the use of land belonging to Rejang Height Sdn Bhd at Lepah & Daro Jaya and that belonging to R.H. Forest Corporation Sdn Bhd at Sawai, Lassa & Kabang for the development of our oil palm plantations. Plantation Land Area (Ha) 1 Lepah 5,149 2 Daro Jaya 11,681 3 Sawai 6,050 4 Lassa 21,300 5 Kabang 2,700 Total: 46,880
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....
PlantBull
114 posts
Posted by PlantBull > 1 week ago | Report Abuse
So the SBB is aggressive and out of the ordinary, possibly the management has something planned??