1. in few weeks time both Sunflower oil and canola oil will be depleted
Soyoil already powered above 78 sen (was 25 sen not long ago)
So Cpo prices will rise up to cross Rm7000 per ton again solidly
This is an engine of growth for Tsh
The second engine of growth will be the sale of Sabah lands to be reported next month
then sale of Bulugan Regency land will come plus the Spectacular Explosive Bonanza if any one piece of Nusantara land is sold will propel Tsh to over Rm3 or Rm4 easily effortlessly
“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.” One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter. Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar
TSH Resources Berhad Maintain Overweight With a short term target of RM2.20 Long term price target is RM10.00 based on projected earnings. We also think that TSH Resources Berhad together with all local plantation stocks will see higher upside by Jun 2022 as Palm Oil Jun contracts expire (currently the one with highest open interest). Plantation stocks might see peak valuation in Q3 - Q4 2022
TSH @ today price $1.76 still very cheap. Retail investors, better grab TSH shares as many as possible because TSH is on up-trend price movement towards $2 - $3 - $4 - $5....more to come during Palm Oil Super-Bull-Run
Won't sell a single share until I see RM10.00 next to the stock ticker: TSH (9059). Also, if this stock drops below RM1.00, the directors would get margin called anyways.
Yesterday's drop would be a small blip in the radar. 57% increase in stock price YTD is not enough. Malaysian investors and analysts are being WAY too conservative with their target prices. In more mature markets with higher liquidity, this stock would explode
Because their funds find themself caught on the wrong side. Imagine what happens to their fund performance if they r bearish on plantation sector since 2021.
Malaysian investors, even the top fund managers are way too conservative with their modelling and forecasts. Always talk about the downside risks such as climate, La Nina, demand destruction, blah blah blah. Still didn't accumulate enough shares to pump or just don't wanna see retail make money from this macro trend?
Stop playing contrarian and long plantation until Q3 2022. Being a contrarian doesn't mean dumping your bags on retail investors. Retail is not always wrong. So many dumb people working in finance in Malaysia. Need to stop recruiting graduates from UiTM and private Australian universities.
wallstreetrookie, being an analyst and with advanced experience, can you share with us how many shares do you purchase in TSH?? how about owner of other plantation stocks besides TSH?? i am interested to know the type of fund that you are in business or are you something like being a Unit trust agent?
Many locals are still in tech stocks. They got used to it and don't want to change. Let foreign find come in. 2 weeks ago India and other countries says their cooking oils can last 1 month, so now they only have 2 weeks.
Tech stocks has very high PE, better save money as FD in the bank unless traders buy and sell stocks actively to gain or lose on the price differences.
@moneyontheway, I am new investor, so I don't have much to invest. Home loan, car loan, etc. For now I only have 4 digits. Plan to keep adding into plantation when I have extra. I am even smaller than bills here. Also made losses in tech stocks before this haha.
never mind, slowly you can accumulate more counters when you have more money. i have been investing for more than 30 years but i seldom sell , just see them moving up and down!! i have a few counters but not many of each type.
Happy morning all Very few people know Tsh is not one company but actually own more than 8 to 9 businesses
Tsh owns 21.95% of Innoplant, Cocoa manufacturing, bioenergy, biomass, 50/50 jv Refinery with Wilmar in Sabah, forest concession over 300,000 acres plus over 200,000 acres of palm oil estates
Tsh also took Ekowood private at 40 sen when Tsh was Rm1.96 (now at Rm1.83 still below that)
By right Tsh should have crossed Rm2.00 by now if not for Epf selling Off all it's Tsh shares to impede it's price surge
Just good for us who can still get this hidden gem cheap
But not for long as May 2022 should see Tsh register a double digit profits from its Sabah land sale cum its own operations
We expect Tsh to trade at Rm3.00 to Rm4.00 range by year end and from next year when 31 sen profit from Bulugan Regency is in Tsh will move into uncharted territory
If can buy Tsh and hold for extended years of Land Boom in Nusantara (Formerly called Kutai) which Tsh owns more than 94,000 acres (52% of Singapore landmass at 180,000 acres)
Nusantara lands owned by Tsh have a book value of only 13 sen psf (same as Putrajaya at 12 sen psf before year 1980)
Today Putrajaya lands are anywhere from Rm80 to Rm2,000 psf
So if Nusantara follows Putrajaya blueprint with land prices going up to just only Rm50 psf then the Mind Blowing truth will be -- Tsh rise to Rm100,000 per share
of course all this will take time, perhaps in a decade or two.
SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP
YES FOR TSH THE LONGER YOU CAN HOLD THE WEALTHIER YOU WILL BECOME
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....
Investformilkmoney
954 posts
Posted by Investformilkmoney > 2022-04-15 17:48 | Report Abuse
CPO just reach RM6500 per ton