TDM BHD

KLSE (MYR): TDM (2054)

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Last Price

0.255

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

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Discussions
22 people like this. Showing 50 of 22,494 comments

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".

2 months 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.

2 months ago

lck1300

TDM got healthcare and agriculture , good~!

2 months ago

Icon 888

Pancit

2 months ago

Icon 888

Tayar pancit

2 months 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

1 month 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).

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

old boy

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

1 month ago

arif42

kepala sawit

1 month ago

Superb99

Price like stuck below 0.3

1 month 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.

1 month 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.

1 month 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.

1 month ago

lck1300

let big player collect , we just wait

1 month ago

lck1300

2nd wave coming ,

1 month 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

1 month ago

lck1300

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

1 month ago

see2sea

TDM, one of my favourite

1 month 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.

1 month 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.

1 month ago

majuJayaInsyaAllah

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

1 month ago

x_abe81

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

1 month 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.

1 month ago

Albukhary

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

1 month ago

speakup

aduh! missed this one ☹

1 month ago

shiby

Double up from cost.i will continue holding

1 month 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 month ago

smartly

70sen ? possible.

1 month 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 month 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 month ago

loonisback

game over? nice timing to run?

1 month ago

Albukhary

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

1 month ago

3101575000

I still hold. Looking forward for better profit.

1 month 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 month 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 month ago

3101575000

If go down I’ll buy more to keep

1 month 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

1 month ago

Albukhary

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

1 month 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.

1 month ago

loonisback

ggwp, push to 0.25 plz

1 month 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.

1 month ago

fusing79

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

1 month ago

Dehcomic01

TDM – a wrong plantation bet
I originally viewed TDM as a plantation Group with a healthcare arm. About 17 years ago, the healthcare segment only accounted for about 16% of the Group revenue. The Group plantation operations then was mainly in Malaysia and this accounted for a large part of the Group’s revenue.
The Group decided to expand it plantations segment by venturing to Indonesia. It took several years to get this going such that the maiden revenue from the Indonesian plantation was only in 2013. By then the Group had “..earmarked that the growth of the plantation operations will be in Kalimantan.”
But things began to go wrong with the lndonesian operation soon after. The losses and impairments got so bad that the Group announced its plans to sell the Indonesian assets in 2019. By 2023 it was still trying to complete the sale of its Indonesian assets.
If not for the healthcare segment, which had grown to account for 56 % of the Group’s revenue in 2023, TDM would be in a worse shape.
Moral of the story? Beware of companies announcing expanding into foreign countries as the Malaysian experience may not always be transferable.
Given the poor plantation segment performance, the market took a dim view of the company despite a growing healthcare segment. I guess the market is still waiting for TDM to prove that it can recover from the Indonesian lesson.
https://www.youtube.com/watch?v=Ytqj_er30X4

3 weeks ago

ProtocolSix

Fundamental analysis:
Net income QoQ +225%
Net income YoY +289%

That's really impressive.

As for Technical Analysis:
1. Base formation at 0.245-0.260 for past 6-8 days, with volume drying up. A good sign for me because volume depletion is signalling that the sellers are getting tired.

2. ATR% multiple from MA is barely 0. This is a signal that price is settling at the bottom where the support is.

3. RS rating 90 - say no more. Beautiful as it is.

4. Shares float at 30%. The lower the %, the easier the price can be pushed up with a surge of volume.

Overall, I look forward to an upside for TDM Berhad. But always think in probability and manage your risks wisely cause nobody is going to save you.

2 weeks ago

ProtocolSix

*Net income QoQ +125%

2 weeks ago

3101575000

Bought today @0.245

2 days ago

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