TDM BHD

KLSE (MYR): TDM (2054)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.265

Today's Change

-0.005 (1.85%)

Day's Change

0.255 - 0.265

Trading Volume

5,658,600

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.265

Avg Target Price

0.77

Upside/Downside

+0.505 (190.57%)

Price Call

0

SELL

0

HOLD

0

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
21 people like this. Showing 50 of 22,490 comments

ITreeinvestor

275mil fine coming soon

-------------------------------------------------------------------

KUALA LUMPUR (2023 Nov 3): Indonesia's highest court has dismissed the appeal by TDM Bhd’s subsidiary against the republic's Ministry of Environment and Forestry in relation to a fire incident in 2019 at its land in West Kalimantan province.

The plantation group told Bursa Malaysia on Friday that the Indonesian Supreme Court has upheld the decision by the Pontianak High Court, which ordered the subsidiary — PT Rafi Kamajaya Abadi (PTRKA) — to pay compensation of 188.98 billion rupiah (RM56.68 million) for environmental loss.

PTRKA also will have to fork out 731.04 billion rupiah (RM219.25 million) to rehabilitate the environment in the affected area of 2,560 hectares and to reactivate the affected ecology system.

In total, the Terengganu state-controlled group is required to pay RM275.93 million, a figure that nearly matches its entire market capitalization of RM293 million.

1 month ago

Francisco García Paramés

A check with the group’s Annual Report 2018 shows that the affected area makes up about 7% of TDM's total 12,645ha of planted oil plam land in Kalimantan. The group has another 31,346ha in Terengganu, which bring its total planted oil palm land to 43,991ha.

______________________________________________

You are too armature , even if they lose the lawsuit, just wind down the entire Indonesian operation ... Maximum loss 7% of TDM asset, what it has to do with your market cap... Such a newbie comment ... no sense of business

1 month ago

Albukhary

Do more homework ya...
Some of you maybe first come to know about this counter, and you google a bit and found some bad news, then you automatic ignore this counter.
But we are different, we are monitoring TDM since Year 2008, we have earn few hundred thousand from TDM, also loss few hundred thousand on it also... we monitor TDM is like monitor a kid, we donno this kid grow up will be a good man or bad man, but we monitor him, we see how he made mistake, and how he corrected the mistake... we see this kid is telling lies or truth, we see how he working with which party, we read every single news, every single announcement, every single corporate movement, and we analyze it through various of source.

In stock market, some investor can outperform other investor, put aside luck, the key factor will knowledge and experience.
Everybody know how to read news, but not many know how to analyze the news, because to analyze a news, you need to have a lot of industry knowledge, legal knowledge, case study, experience, understanding human behavior.

1 month ago

Albukhary

Something is brewing... Please put this counter on your watch list.

1 month ago

Albukhary

TDM is back on track, heading to its Wawasan 2030.

Below is quote by TDM's chairman before :-

"Under the group's transformation model, TDM hopes to attain a market capitalisation of RM2bil, RM100mil in annual dividend and RM1bil in revenue".

1 month ago

lck1300

https://www.malaymail.com/news/money/2024/03/18/epf-commits-rm250m-to-catalysing-malaysian-mid-to-growth-stage-companies/124084

The investments will focus on six strategic themes, which include healthcare focusing on aged care and the silver economy; agriculture and food science looking at improving the food production ecosystem; financial services inclusivity; sustainability focusing on energy transition; education aiming at provision of quality education; and social infrastructure as well as future themes that would fit into the EPF’s strategic mandate,” it said.

1 month ago

lck1300

TDM got healthcare and agriculture , good~!

1 month ago

Icon 888

Pancit

4 weeks ago

Icon 888

Tayar pancit

4 weeks ago

BursaKakis

Based on TDM's market cap of RM430.89 million and KMI Healthcare's valuation of about RM365 million, this would mean the market has ascribed only RM65.89 million for the plantation segment. At an EV/Ebitda of eight times, the plantation business is almost free - The Edge Weekly 25/3/2024

3 weeks ago

ITreeinvestor

PT RKA was officially served with the decision of the Supreme Court that the Court rejected the appeal and upheld the decision of Pengadilan Tinggi Pontianak as follows:

i) PT RKA is to pay a compensation of IDR188,977,440,000 (approximately RM56,677,646) for the environmental loss to the National Account of Indonesia as per the claim by the Respondent; and

ii) PT RKA is to rehabilitate the environment on the affected area due to the fire incident of 2,560 ha and to reactivate the affected ecology system with the cost of IDR731,036,640,000 (approximately RM219,250,698).

3 weeks ago

Albukhary

TDM is back on track, heading to its Wawasan 2030.

Below is quote by TDM's chairman before :-

"Under the group's transformation model, TDM hopes to attain a market capitalisation of RM2bil, RM100mil in annual dividend and RM1bil in revenue".

3 weeks ago

old boy

Hi Albukhary, can you share the link where the statement from?

3 weeks ago

arif42

kepala sawit

2 weeks ago

Superb99

Price like stuck below 0.3

2 weeks ago

Albukhary

As long as the market maintain its stability (no big bad news or political change), I strongly believe that TDM will marching across 30sen and heading to 35sen. Reason being:-

1) TDM have been undervalue for many years
2) The Indonesia bad news have been passed, whatever losses have been recognised, and the Indonesia subsidiary have been sold (I believe the disposal can be completed within this year, so all the legal issue will be no longer related to TDM)
3) Its healthcare business is really doing good, and it will be doing even better in 2024. I believe the Healthcare business can generate minimum EBITA of RM50mil per year.
4) CPO price will be continue at above RM3700 level, so TDM plantation unit will not facing losses anymore, and it could be generate RM30-40mil per annum.

In overall, I estimate RM70mil PAT for Year 2024 (approximately RM15-20mil per quarter), and EPS will be minimum 4 sen per quarter.

Based on minimum 10 times PE, TDM should be at least worth 40sen.

This 40sen Target Price sure can be achieve if TDM continuous posted PAT above RM15mil++ for Q1 and Q2 2024.

2 weeks ago

Albukhary

KUALA TERENGGANU: Plantation and healthcare group TDM Bhd has invested RM29.1mil in two new hospitals this year.

Executive director Najman Kamaruddin said the healthcare sector contributes about 50% to the group’s overall profits and the two new hospitals are expected to increase the profits considerably.

“An investment of RM14.1mil is allocated for the construction of the 100-bed KMI Chukai Medical Centre in Kemaman, while Razif Hospital, in Klang, Selangor, involves an investment of RM15mil for the takeover process.

“Both of these hospitals will be managed by TDM’s subsidiary Kumpulan Medic Iman Sdn Bhd,” he said at a press conference.

2 weeks ago

Albukhary

TDM Bhd embarks on its five-year plan to become one of the top 100 companies listed on Bursa Malaysia, it intends to invest up to RM1 billion to expand its plantation and healthcare businesses.

2 weeks ago

lck1300

let big player collect , we just wait

2 weeks ago

lck1300

2nd wave coming ,

2 weeks ago

Albukhary

我曾经跨过山和大海
也穿过人山人海
我曾经拥有着的一切
转眼都飘散如烟
我曾经失落失望
失掉所有方向
直到看见TDM
才是唯一的答案

2 weeks ago

lck1300

See how high can it go for 2nd wave , will hold tight my ticket

2 weeks ago

see2sea

TDM, one of my favourite

2 weeks ago

Albukhary

When a counter hit 52week high, then 3 year high. then 5 year high..
It will shoot all the way to the sky, because there is no resistant anymore.
All the shareholder are making money, there is no one still holding the share with paper loss.

2 weeks ago

Albukhary

Not sure there will be any privatisation or not... If yes, please offer fair price based on the company actual value. Any price below 50sen will not be accepted.

2 weeks ago

majuJayaInsyaAllah

fly high TDM. the future is bright with steady palm oil price and expansion of healthcare biz.

2 weeks ago

x_abe81

Whats TDM share target price yeah considering the expansion /transformation plan?

2 weeks ago

Albukhary

Without any expansion plan, and assume market economy sentiment is not good, TDM should worth 40sen.
Without any expansion plan, and assume market economy sentiment is good, TDM should worth 50sen.
With the expansion plan, or sub listing of its medical unit, and assume market economy sentiment is good, TDM should worth 70sen.

2 weeks ago

Albukhary

TDM could be the leader (Dragon Head) for this round of Plantation Counter.

2 weeks ago

speakup

aduh! missed this one ☹

1 week ago

shiby

Double up from cost.i will continue holding

1 week ago

Albukhary

Smart move... TDM announce self clarification before Bursa issue UMA Query.
So this can avoid UMA query.. Let TDM rest for few days, then continue to shoot up to next level.
Perhaps 70sen? Haha...

1 week ago

smartly

70sen ? possible.

1 week ago

KingKKK

TDM is undervalued at 7.3x FY24 PE.

Compare this to Healthcare PE:
IHH: 17x
KPJ: 28x

And plantation stocks PE:
TSH: 15x
TH Plantation: 20x
Kretam: 13x
KimLoong: 14x

I assume TDM can generate 4.4 sen EPS in 2024.

In Q4 2023, TDM EPS for continuing operation is 1.1 sen.

1 week ago

KingKKK

TDM intrinsic value is 60sen.

This is calculated by multiplying 13.6x PE with FY24 EPS of 4.4 sen.

13.6x PE is at 40% discount against average healthcare stocks PE in Malaysia.
It is also at 20% discount against plantation stocks average PE of 17x. Lower PE due to lower marker cap.

Overtime TDM PE should be higher than this as its earnings become more concentrated to healthcare.

In FY2023, healthcare earnings (PBT) is RM31m vs plantation RM14m.

Healthcare contributed 69% of 2023 earnings. This is much higher than 2022 healthcare contribution of 22%.

1 week ago

loonisback

game over? nice timing to run?

1 week ago

Albukhary

For today is game over d.
Tomorrow will be a fresh new start.
Gambateh

1 week ago

3101575000

I still hold. Looking forward for better profit.

1 week ago

Michael Kwok

Stock to caution
Sell call tdm 29 cents.
Usually in this time of situation will go below 25 cents,stay for a while.
11/4/24 6.23pm

1 week ago

Albukhary

I am not good at Technical Analysis, so I am not sure whether it will go down to 25sen.
But I am a fundamental guy.. I see value in TDM, and its value compare to its share price now, TDM is a very good buy. As a fundamental guy, I notice that for the past 3 months, more n more hidden gem with good fundamental have been buy up, and their share price never come down after go up.
With less and lesser good fundamental stock with low share price, I believe TDM will be in the radar for many investor, and its share price should be continue to go up.

1 week ago

3101575000

If go down I’ll buy more to keep

6 days ago

AlphaInvestor

The stock is trading at Moving Average 20 support of 28 sen. This is a good entry level.

Historically, share price rebounded every time it drop to Moving Average 20 on the following date:
i) 16-Feb-2024
ii) 27-Feb-2024
iii) 21-March-2024
iv) 3-April-2024

3 days ago

Albukhary

Yup, it drop because of market fear of war.
If no war, by right TDM has cross 32sen today

3 days ago

AlphaInvestor

Actually TDM indirectly benefit from war.

As crude oil price goes up, CPO price will follow because it can be converted into biodiesel

Healthcare business not affected since Middle East is too far away.

3 days ago

loonisback

ggwp, push to 0.25 plz

3 days ago

Albukhary

Banyak sakit...
My TDM portfolio unrealised gain drop a lot this two days.
Luckily I can hold... but feel sorry for many punter that playing contra.

2 days ago

fusing79

in dilemma as the stock has break 30 days MA for 3 days

3 hours ago

Post a Comment