TSH RESOURCES BHD

KLSE (MYR): TSH (9059)

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Last Price

1.09

Today's Change

0.00 (0.00%)

Day's Change

1.09 - 1.10

Trading Volume

424,400


15 people like this.

26,204 comment(s). Last comment by Eagle77 57 minutes ago

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 15:40 | Report Abuse

SOP already green

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 15:48 | Report Abuse

KLK green too, only tsh still on downtrend

greenland

378 posts

Posted by greenland > 2022-05-13 15:51 | Report Abuse

If we have not sold at 1.7, 1.6, 1.5, 1.4, we should not sell now...
Total scripts transacted between 1.89 till today is only a very small percentage of the NOSH.
The serious collectors are absorbing every additional script. Eventually, you will see the day to day volume reduce in the weeks to come.... and there wont be sellers anymore...
It always happen to good shares...TSH is slowly moving towards the same direction as it starts to attract long term investors. Perhaps a bonus issue is on the way. Last bonus issue was 2014.
For a company with PE 11 as of now, shld be lower when results come out( I hope),

Bullballs

1,194 posts

Posted by Bullballs > 2022-05-13 15:55 | Report Abuse

Turning green anytime before closing

Bullballs

1,194 posts

Posted by Bullballs > 2022-05-13 15:57 | Report Abuse

shorting now will be akin to shooting your own foot.

Posted by StartOfTheBull > 2022-05-13 16:04 | Report Abuse

Over short it will make it attractive for takeover by the big cap planters.

greenland

378 posts

Posted by greenland > 2022-05-13 16:05 | Report Abuse

Ya.. the same old story lah... open slightly higher for 30 mins, the slide down.. after lunch further slide...
then close lower again...
same old exercise down to a targetted level everyday lah...

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 16:09 | Report Abuse

I am thinking of buying more but alas tsh did not go down to my targeted price

Youngkid

298 posts

Posted by Youngkid > 2022-05-13 16:19 | Report Abuse

No holding power don't buy lol! .The operators very powerful

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 16:29 | Report Abuse

When others bought at 1.70 n above, so buying at 1.37 is a real bargain. Downside also limited. Save money too so on both accounts, win also.

AdCool

3,863 posts

Posted by AdCool > 2022-05-13 16:31 | Report Abuse

Bosses not buying, hence it s the operator game. can see how they press down level by level by throwing 100 and 200 shares each time to move the price down a bid. Next, they cont to do so.

AdCool

3,863 posts

Posted by AdCool > 2022-05-13 16:35 | Report Abuse

Operator now desperate for 1.35. Building block at 1.36 all of sudden.

sunnyspoon

442 posts

Posted by sunnyspoon > 2022-05-13 16:37 | Report Abuse

Big boys smooth operator

Posted by StartOfTheBull > 2022-05-13 16:38 | Report Abuse


Youngkid

No holding power don't buy lol! .The operators very powerful
--------------------
True

Bullballs

1,194 posts

Posted by Bullballs > 2022-05-13 16:39 | Report Abuse

Ya, no holding power better dont buy.

Posted by wallstreetrookie > 2022-05-13 16:39 | Report Abuse

The dip keeps dipping

Posted by wallstreetrookie > 2022-05-13 16:39 | Report Abuse

Is this the bottom?

Posted by wallstreetrookie > 2022-05-13 16:40 | Report Abuse

This must be the bottom

Posted by Investformilkmoney > 2022-05-13 16:41 | Report Abuse

Suddenly all positive comments today.

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 16:43 | Report Abuse

When u think this the bottom, there will be another bottom next.

AdCool

3,863 posts

Posted by AdCool > 2022-05-13 16:44 | Report Abuse

see another throw of 300 shares to break the 1.35 bid. seem operator today mati-mati must close at 1.35

greenland

378 posts

Posted by greenland > 2022-05-13 18:04 | Report Abuse


PublicInvest

Latest Post: Thu, 12 May 2022, 09:59 AM

After taking almost 4 months, TSH has finally concluded the proposed land disposal measuring 13,214.9ha located in North Kalimantan, Indonesia for a total disposal consideration of RP2,428.8bn (RM711.6m). The deal values the plantation land at an indicative EV of RM53,848/ha, which is deemed to be fair, in our view. Nearly 77% of the proceeds would be used to pare down its total borrowings of RM1.1bn. The Group is expected to record a one-off gain of RM400.3m, which is expected to be recognized by 1QFY23. Maintain Outperform call with an unchanged TP of RM1.81 based on 15x FY23 EPS.

To recap. On 10 Dec 2021 (refer to our report dated on 13th Dec 2021), TSH announced that its 90%-owned subsidiary had entered into a heads of agreement with PT Kawasan Industri Kalimantan Indonesia and PT Kalimantan Industrial Park Indonesia in relations to the proposed disposal of 7 plots of oil palm plantation land located North Kalimantan, totalling 13,214.9ha together with the uncertified land adjoining the plantation measuring 683.36ha for a total disposal consideration of RM711.6m. The proposed land sale, which are held under Hak Guna Usaha (Right to Cultivate) and Hak Guna Bangunan (right to build) have a total planted area of 3,818.8ha. It contributed FFB production of 74,244 mt in 2020, making up 9% of its total FFB production.
Handsome gain in the bag. Back in Aug 2011, the original cost of investment was only RM181k. Stripping out the net book value of RM271m, as well as plasma settlement (RM20.5m) and estimated expenses for the proposed disposal (RM19.6m), the Group is expected to record a one-off gain of RM400.3m or 29sen per share and it is expected to be completed by the first quarter of 2023. Interestingly, the disposal consideration of RM711.6m represents a premium of 140.7% to the market value ascribed by the Valuer and it represents a premium of approximately RM440.5m or 162.4% to the audited NBV of the sale land of RM271.1m. However, the proposed disposal is regarded as a related party transaction and it is subject to the shareholders’ approval.
To improve gearing levels. It our view, the proposed land disposal was timely in anticipation of the multiple global rate hikes amid high CPO price cycle. The expected proceeds of RM711.6m will bring down the Group’s net gearing from 0.45x to about 0.15x. About RM550m or 77% of the proceeds will be used to pare down its RM1.1bn borrowings. RM45m or 6.3% of the total proceeds will be used for undertaking new planting and replanting of 3,500ha of oil palm estates in Sumatera and Kalimantan over 2023-2024.

Benhobenho

205 posts

Posted by Benhobenho > 2022-05-13 18:04 | Report Abuse

Hopefully 1.30 can get my 10 lots next week.

greenland

378 posts

Posted by greenland > 2022-05-13 18:14 | Report Abuse

can start to collect already.. next Monday Wesak holiday. Anything can happen:
https://indianexpress.com/article/world/russia-ukraine-war-live-updates-putin-zelenskyy-nato-7914690/

greenland

378 posts

Posted by greenland > 2022-05-13 18:20 | Report Abuse

over long weekend... anything can happen.

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-13 19:25 | Report Abuse

happily and merrily collected at Rm1.35 to Rm1.34 today

Looking forward to make at least 100% early next year when sale of Bulugan Regency completed with 31 sen profit and Tsh doubles to Rm2.70 by then

No wonder Warren Buffet said investing in share is so easy

skoh888

1,017 posts

Posted by skoh888 > 2022-05-13 19:33 | Report Abuse

@ calvin tan... you are just begging to be made an example of!! Telling people to buy even at Rm1.89. When Jtiasa was Rm1.20 u made a bet with me that it will be Rm3.00 by year end. So let all here be witnessed to that. Go around all forums bragging about your hypothetical trades. Truly a narcissistic character!

skoh888

1,017 posts

Posted by skoh888 > 2022-05-13 19:35 | Report Abuse

Have some empathy for those who listened to you and bought near the highs on your cun cunt recommendation. sheesh

Posted by StartOfTheBull > 2022-05-13 19:35 | Report Abuse

Since there is no loser, the war may persist indefinitely so is the food crisis.

Posted by StartOfTheBull > 2022-05-13 19:40 | Report Abuse

And more people will die in war which we hate to see.

VTrade

2,434 posts

Posted by VTrade > 2022-05-14 01:22 | Report Abuse

Calvin is like godlike and rpg character
Wallstreet newbi previously follow tight
but able also to run near 179 area
Others should be not brainwashed

Posted by StartOfTheBull > 2022-05-14 10:09 | Report Abuse

https://www.google.com/amp/s/www.thehindubusinessline.com/economy/agri-business/why-indonesia-will-be-forced-to-revoke-ban-on-palm-oil-exports/article65406893.ece/amp/
---------------------------------
TSH share price has been seriously beaten down by investment banks and margin call/panic selling by margin players from 1.89 to 1.35 today!
No more cheap price at 1.35 very soon.
Note: I might be wrong. No buy/sell suggestion.

DickyMe

14,740 posts

Posted by DickyMe > 2022-05-14 10:38 | Report Abuse

"Posted by calvintaneng > 15 hours ago | Report Abuse

happily and merrily collected at Rm1.35 to Rm1.34 today

Looking forward to make at least 100% early next year when sale of Bulugan Regency completed with 31 sen profit and Tsh doubles to Rm2.70 by then

No wonder Warren Buffet said investing in share is so easy"
============================

This is the finest example of a fool trying to mask wrong decisions.

DickyMe

14,740 posts

Posted by DickyMe > 2022-05-14 10:40 | Report Abuse

Another 10 sen slide will reach my target price of RM 1.25.
However it is not necessary for me since the slide is "wallet ripping" for some.

Posted by wallstreetrookie > 2022-05-14 10:45 | Report Abuse

VTrade is the best selling indicator lmao

Posted by StartOfTheBull > 2022-05-14 11:23 |

Post removed.Why?

Posted by StartOfTheBull > 2022-05-14 11:28 | Report Abuse

By the way, if RM1.25 TP is reached it is not going to benefit him either because he is just a naysayer in every forums and will remain to be so.

Posted by Investformilkmoney > 2022-05-14 11:32 | Report Abuse

This is the only plantation counter that keeps dropping for 5 whole days. And there must be a reason for it.

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-14 11:41 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-14 11:49 | Report Abuse

Calvin never tell people to punt and do day trade but to invest longer term

Last year same naysayers were in Fgv forum when it was Rm1.30 and they kept harping that Fgv will drop below Rm1.00

Some fearful hands have thrown Fgv below Rm1.20 but we held on

Today Fgv is Rm1.77 and we received 8 sen dividend making it Rm1.77 + 8 sen =
Rm1.85

in one year Price of Fgv rose from Rm1.30 to Rm1.85 for a nice 42% gain

We will reap a bountiful harvest from Tsh as well if you can buy and hold tight till Bulugan Regency lands are sold with Cash payment of Rm712 Millions and profit is 31 sen per share

This does not make us proud or to boast

We are here to give confidence and support to fellow investors of Tsh resources

sunnyspoon

442 posts

Posted by sunnyspoon > 2022-05-14 12:40 | Report Abuse

How true foreign fund hold 33%

Posted by StartOfTheBull > 2022-05-14 13:02 | Report Abuse

Posted by Sunnyspon 20 mins ago but deleted by himself later:
Average down is not the right way.
-----------------------------------
Will be prepare to average all the way down to 5c if continue to drop so. Cut loss is not my option.

sunnyspoon

442 posts

Posted by sunnyspoon > 2022-05-14 14:11 | Report Abuse

Anyone know reason going down soooo fast????

Posted by plantationgameover > 2022-05-14 14:32 | Report Abuse

already warn you guys many times before, when you see promoter non stop promoting means run, especially that conman. plantation is glove 2.0, those that still in denial prepare to get burnt badly wakaka

OnTime

2,188 posts

Posted by OnTime > 2022-05-14 14:37 | Report Abuse

ok, I'll pick some up @1.25

s3phiroth

343 posts

Posted by s3phiroth > 2022-05-14 14:46 | Report Abuse

Posted by sunnyspoon > 28 minutes ago | Report Abuse

Anyone know reason going down soooo fast????

.......................,............................................
Indonesia bans palm oil export and 80% of tsh palm oil land is in indonesia. Hence the rapid falling.

But the ban will not last forever. Indonesia is expected to lift the ban by end of this month. Personally i strongly believe indonesia will replace the ban with record high export tax and levy in order to subsidize the domestic cooking oil price.

Given msia's intention to cut export tax, i would say pure msia planter will outperform those indonesia counter part.

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-14 14:50 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-14 14:53 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-05-14 14:57 | Report Abuse

Think more carefully and deeply

Tsh Directors have bought and not sold any in spite of malicious lies

1. Director Lim Fook Him bought 500,000 shares of Tsh this year to make his holding 2.6 million shares

2. Director Kelvin Tan has bought Tsh at Rm1.54 sen for 3 million shares

3. Director Tan Aik Yong Bought a whopping 16 million Tsh shares at Rm1.643 average

So at Rm1.35 Tsh is already a great bargain

s3phiroth

343 posts

Posted by s3phiroth > 2022-05-14 15:01 | Report Abuse

Simeplt has only 25% of land bank in indonesia and it is a supported by foreign funds.

Anyway i do agree that the rapid falling of tsh is over done. But then i still favor pure msia planter...

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