TSH RESOURCES BHD

KLSE (MYR): TSH (9059)

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Last Price

1.14

Today's Change

-0.02 (1.72%)

Day's Change

1.13 - 1.16

Trading Volume

2,183,300


13 people like this.

23,959 comment(s). Last comment by OneOracle 6 hours ago

AdCool

3,861 posts

Posted by AdCool > 2022-04-25 17:21 | Report Abuse

Cant buy today. Maybank system down. really bad timing

Posted by wallstreetrookie > 2022-04-25 17:23 | Report Abuse

Can't even break RM2.00
price target is just RM4.50 instead of RM10.00

Posted by wallstreetrookie > 2022-04-25 17:23 | Report Abuse

This stock looks bad in the short term

Posted by wallstreetrookie > 2022-04-25 17:30 | Report Abuse

Totally disappointed

calvintaneng

54,132 posts

Posted by calvintaneng > 2022-04-25 18:07 | Report Abuse

Wall street rookie

Calvin is full of 101% confidence in Tsh and bought more today

greenland

378 posts

Posted by greenland > 2022-04-25 18:09 | Report Abuse

This is an extreme measure and it is necessary to stabilise the Indonesian economy. With this ban, excess crude is flooded domestically, with no storage tank. FFB will rot. Many excesses will flow into local market ....
Jokowi said, once the quantities are available in the domestic market, he will reopen for exports.

greenland

378 posts

Posted by greenland > 2022-04-25 18:10 | Report Abuse

Its a good time to buy in....many contracts are sold for delivery in forward months anyway...I am doubting it affect the profitability much...

greenland

378 posts

Posted by greenland > 2022-04-25 18:17 | Report Abuse

Current Indonesian cabinet ministers are highly qualified with Ibu Yuliani ( Finance Minister) served as a director in World bank previously. CPO will contribute more than USD70 billion this year to the Indon exconomy at current prices.

greenland

378 posts

Posted by greenland > 2022-04-25 18:18 | Report Abuse

They will want to shipments to continue ASAP as well.. my two cents

calvintaneng

54,132 posts

Posted by calvintaneng > 2022-04-25 18:18 | Report Abuse

Last time already got 30% retention for domestic market and after that it was lifted

So Matter of time policy will change again

But export of palm oil is not our main focus in Tsh

Our main focus is in its 5 gold mine lands

in bulungan Regency
Sale of over 30,000 acres will bring in Rm712 millions

And that will be 31 sen profit

After that still got 4 pieces of prime lands in Kutai/Nusantara new Capital of indonesia with 94,700 acres more than half the size of Singapore landmass of 180,000 acres

Tsh cost of investment as low as 13 sen pdf

If sold will unleash huge profits


so we invest longer term

Those who cannot wait and feel itchy may sell and go punt others

As for Calvin he will hold tight tight and buy more on weakness

Posted by Investformilkmoney > 2022-04-25 18:21 | Report Abuse

I just buy only. 1 day result drop doesn't matter. Sure go up later. Today still consider cheap.

greenland

378 posts

Posted by greenland > 2022-04-25 20:09 | Report Abuse

Yes you are right

Posted by StartOfTheBull > 2022-04-25 20:37 | Report Abuse

Most of TSH's productions are in Indonesia therefore it is a good news for TSH. Tomorrow price up.

Posted by Investformilkmoney > 2022-04-25 21:35 | Report Abuse

Sure will go up. Someone was shorting it only. Those high price like KLK is hard to short.

steven rt

190 posts

Posted by steven rt > 2022-04-26 09:19 | Report Abuse

StartOfTheBull, just to inquire, since most of TSH production is in Indonesia, won't the Indonesian ban affect TSH?

ppginvest

1,591 posts

Posted by ppginvest > 2022-04-26 09:21 | Report Abuse

can begin to collect some

sunnyspoon

398 posts

Posted by sunnyspoon > 2022-04-26 09:27 | Report Abuse

Buy now sell later

sunnyspoon

398 posts

Posted by sunnyspoon > 2022-04-26 09:38 | Report Abuse

Lucky EPF no more TSH shares, if not will go down some more

steven rt

190 posts

Posted by steven rt > 2022-04-26 10:55 | Report Abuse

calvintaneng, is TSH's land up for sale?

GLNT

549 posts

Posted by GLNT > 2022-04-26 11:03 | Report Abuse

Steven rt, u can keep up to date with the most most recent CPO news. Can check it at Marketbuzz of klse.i3investor.com

Posted by StartOfTheBull > 2022-04-26 11:06 | Report Abuse

@steven
The ban not included CPO so it doesn't affect TSH much.

Investorrr

642 posts

Posted by Investorrr > 2022-04-26 11:06 | Report Abuse

JAKARTA (April 26): Indonesia will only ban exports of refined, bleached and deodorised palm olein starting from Thursday (April 28), while the ban will not include crude palm oil or other forms of derivative products, senior government official Musdhalifah Machmud said on Tuesday.

Posted by StartOfTheBull > 2022-04-26 11:17 | Report Abuse

The government flip flop policy may have caused some interuption to plantations sectors. The most advantage for TSH is its huge piece of land within Nusantra.

Posted by Investformilkmoney > 2022-04-26 11:22 | Report Abuse

Plantation stock trend is like staircase. Go up then flat then go up then flat. Since last year already like this. Until end of year we will see the result. I keep on average up every month.

rizerlee

752 posts

Posted by rizerlee > 2022-04-26 13:09 | Report Abuse

Gearing at 0.4x with Cash inflow
another year of high CPO might turn TSH into cash cow

sunnyspoon

398 posts

Posted by sunnyspoon > 2022-04-26 14:30 | Report Abuse

Base on TSH 2021 annual report, all plantation land all are long term leasing from Indonesia

Wizman

53 posts

Posted by Wizman > 2022-04-26 15:53 | Report Abuse

TSH sold North Kalimantan La13,214.90 hec together with adjoining 683.36 hec Tanah Kuning village & Mangkupadi village, Tanjung Palas for RM711.66mil few months ago is also leasehold. The said estate has been earmarked for the development of an integrated green industrial estate in North Kalimantan by the government of Indonesia. As TSH shareholder, pls read the announcement until fully understand. The remaining 4 estates in kutai barat & timur [94,790ac] East Kalimantan potentially for mega township & industrial development because close to Indonesia new capital area. Buy & hold TSH during Palm Oil Super-Bull-Run 2022-2023 = fantastic return 100%-500% & more to come [Anything can be happen in this SUPER-BULL-RUN that will shock most of us]. Those who sold earlier will be regret..

Posted by Investformilkmoney > 2022-04-26 19:48 | Report Abuse

What does the new announcement means?

calvintaneng

54,132 posts

Posted by calvintaneng > 2022-04-26 20:47 | Report Abuse

New buyback power against dirty IB bank suppressing

Now Tsh use it's cash hoard for SBB (share buy back)

Posted by Investformilkmoney > 2022-04-26 22:03 | Report Abuse

Thanks Calvin, it's a good thing for us then.

sunnyspoon

398 posts

Posted by sunnyspoon > 2022-04-27 10:15 | Report Abuse

Today down ,down , down.

Posted by Investformilkmoney > 2022-04-27 10:28 | Report Abuse

All others go down also.....

Investorrr

642 posts

Posted by Investorrr > 2022-04-27 10:37 | Report Abuse

think because of windfall tax plantation market digesting the affected UTD plantation

Posted by Benhobenhobenho > 2022-04-27 10:55 | Report Abuse

Why keepgoingdown when cpo going up.

sunnyspoon

398 posts

Posted by sunnyspoon > 2022-04-27 11:02 | Report Abuse

Tsh game over, change to Aeon

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2022-04-27 11:41 | Report Abuse

this one drop more compare other counters plantation

Bullballs

1,149 posts

Posted by Bullballs > 2022-04-27 11:42 | Report Abuse

Recession is coming. Go to Aeon to help them is it?

brianklc

1,624 posts

Posted by brianklc > 2022-04-27 12:03 | Report Abuse

Go aeon sell cooking oil

Posted by Investformilkmoney > 2022-04-27 12:03 | Report Abuse

Go Aeon buy cooking oil. Stock is limited

Posted by Benhobenhobenho > 2022-04-27 12:26 | Report Abuse

What's wrong with this counter. Cpo up but share price down??

Posted by StartOfTheBull > 2022-04-27 12:40 | Report Abuse

IB has big appetite chosen to short this stock since Monday. It could be the opportunity to collect for those who has missed the boat.

GLNT

549 posts

Posted by GLNT > 2022-04-27 13:40 | Report Abuse

There's still shorts to be unwind, can see algorithm trying to push down the share price on purpose. Just collect lah. Yawn

GLNT

549 posts

Posted by GLNT > 2022-04-27 13:41 | Report Abuse

The Indonesian govt screwed the IB's shorts.

Posted by Benhobenhobenho > 2022-04-27 15:31 | Report Abuse

Seemed someone trying to press down the share price each time it goes up

AdCool

3,861 posts

Posted by AdCool > 2022-04-27 15:49 | Report Abuse

Those who chased on Monday all kena burnt kaw kaw.

azmie67

38 posts

Posted by azmie67 > 2022-04-27 15:53 | Report Abuse

Bursa Plantation is in retrace mode so I guess TSH and gang will be as well. Just hv to wait a bit more for jerungs to get their turbo mode redy for another push. If we look at selling vol, it is getting lesser.

Bullballs

1,149 posts

Posted by Bullballs > 2022-04-27 18:38 | Report Abuse

Today CPO price goes up by more than RM600 and hit RM 7K at the derivatives market. How ar?

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