If not pressed by IBs to cover their warrants and not pressed by short selling for profit, then who's in the right mind pressing down for what? The only remaining reason as I shared earlier -> accumulation at lowest price possible by manipulating the price. How to know? High volumes of both sell Q and buy Q but actual matched transaction is low. They have cornered the price to ensure you only sell lower to them and also only buy higher from them as well. No other ways.

Our beloved EPF

anthonytkh

PSA… there is no puzzle… one of the shareholders still own around 60m shares (around 2 %)…

My bad. The result for 2022 is for a single quarter and it s already more than RM100 mil profit. 3 more quarters to go.

PSAi3alert

AdCool,

Thanks. Q2 2022 is not out yet. So, 2022 results thus far should be 1st quarter 2022.

From here you can see that the lowest valuation was in Jan 2019 when CPO price was at 2169. Why? looking at the annual profit of 2018 (FYE Dec 2018), it was at RM40.099M 2nd lowest if compare to losses made in 2015.

Now in 2022, the CPO price is highest and the annual profit is still the highest, but the share price is at the lowest as if this is in 2019 situation. In conclusion, the market now is valuing TSH as if it is making the lowest profit with lowest CPO price. Logical or manipulation?

Thanks PSAisalert for compilng the CPO price and share price:

Now what s the annual profit for TSH?

2022: RM101.864M (first half of 2022)
2021: RM169.009M
2020: RM79.094M
2019: RM44.034M
2018: RM40.099M
2017: RM113.968M
2016: RM56.521M
2015: -RM98.997M (loss)
2014: RM125.489M
2013: RM153.098M

________ TSH price ___ CPO price
Jan 2022: ___ 1.10 ___ 4926
Jan 2021: ___ 1.10 ___ 3823
Jan 2020: ___ 1.46 ___ 3105
Jan 2019: ___ 0.91 ___ 2169
Jan 2018: ___ 1.53 ___ 2470
Jan 2017: ___ 1.70 ___ 3000
Jan 2016: ___ 1.80 ___ 2420
Jan 2015: ___ 2.00 ___ 2186
Jan 2014: ___ 1.72 ___ 2603
Jan 2013: ___ 1.32 ___ 2420

If there is no breaktru by Dec 2022, dont even expect any higher. 2023 and 2024 CPO price wont be superhigh already. Nothing to boost the share price.


calvintaneng

If you guys can hold Tsh till 2025(3 years like holding Complete logistic, Bonia, Texchem, Ancom and others?)

then can see Rm3, Rm4, Rm5 or even much much higher

I just seeing 1 and only thing so far for plantation. When CPO was traded around RM2000 per metric tonne, TSH was trading around rm1. Now CPO mostly would average out around RM4000-4500 in 2023 and 3500-4000 in 2024, yet we seeing TSH trading around RM1. even if the TSH price wont climb for whatever reason, TSH can't deny the high dividend payouts in 2023 and 2024. Not forgetting the land sales which is an added bonus. So get your total rm500-rm800 dividends per share until 2024 and then dump this silly TSH after that at RM1 in 2025 if the price still not up.

I dont see high volume of shorting. you sure you seeing the same report as me? Gloves were really shorted crazily back in 2020 and 2021. But not plantation. Mind you that gloves rallied up to 600% - 1800%. Plantation? Well just 60% - 100%. Cant even compare with gloves.

@AdCool Institutional investors and equity analysts betting against plantation. Plantation stocks were supposed to do well into Q2 2022 yet sell-side keeps pumping positive news to dump their bags on retail investors. The short-selling activity against plantation stocks is outrageous.

Not 2021 but 2020. Gloves already been more than 2.5 years and yet you guys cant move on and let go.

3. Right now it is self denial, in plantation community, like the glove crowds, who believe glove stock will go new high in 2021 after the peak at sept 2021

Even strong supporter such as Calvintan also waiting to buy lower and lower, how TSH going to be uptrend? It's just logical to expect continuous downtrend since supporter also unwilling to buy higher. Same with the boss, he too is buying lower and lower.

StartOfTheBull

Adcool you are just kidding, right?

Tomorrow can get at RM1. Next week can get at RM0.90. End July can get at RM0.70. Why q now to buy at RM1.06?

calvintaneng

Got at Rm1.07 and Rm1.06 as well

Queue more at Rm1.06 now

Just see the Q volumes. So high yet the total matched transaction is so low. This counter has been "cornered" and yet to be released from "jail"

AdCool

Another possible scenario is that it is artificially suppress down for cheap accumulation by some interested parties. You would recognize that pattern when the selling Q and buying Q are both in high volume but with low transactions. In addition, you also would notice that 2 walls are staged at both sell Q and buy Q to ensure the price range is within control. That s what I am seeing for the past 3 weeks now.

3 hours ago

Any plantation companies belong to these Tiong family will bring you to Holland. e.g. Jaya Tiasa, Subur Tiasa, Rsawit. They arent interested to bring value to the shareholders but just to manage their own family wealth via the listed companies.

Still need to wait for another 3 - 4 months. Mostly would have something to do with Seacera, its good friend from same group Fintec.

Another possible scenario is that it is artificially suppress down for cheap accumulation by some interested parties. You would recognize that pattern when the selling Q and buying Q are both in high volume but with low transactions. In addition, you also would notice that 2 walls are staged at both sell Q and buy Q to ensure the price range is within control. That s what I am seeing for the past 3 weeks now.

The right question that we should ask is why nobody is buying TSH in big volumes? Why no big fund buying TSH if TSH is such a gem? Why the IBs only interested to sell down? There are so many IBs out there and TSH only have few call warrants issued by AmBank, Maybank and RHB. There are still other IBs out there such as CIMB, Kenanga, Public Bank, Hong Leong, Macquire, Allianc, etc.

If the IBs only manipulate like 2 weeks before expiry of warrants, that is still doable but months of manipulation and suppression would mean the IBs would need load of TSH mother shares to sell. The key here is no one is buying in big volumes. Hence a small volumes selling by IBs is already enough to suppress the price.

Calvintang,

You are saying the IBs are making losses in mother shares by selling lower each day just to suppress the warrants which is illogical. How can they keep selling for weeks and cont to make losses there by selling lower and lower TSH mother shares? And how much can they sell? It seems they have been selling non stop for so many weeks now. It doesnt fit the math as they would be making losses by doing so.

Who sell?
Answer:
IB bankers who issued too many Tsh call warrants are trying to sell down Tsh mother shares to suppress their Call warrants by artificial manipulation

Today operators worked so hard to suppress 0.01 for TSH.

Price been trading at 1.09-1.10 for almost the whole day. Both sides not giving up. Let's see who gonna emerge winner today.

That was like 25% of total volumes for the day executed within 5 minutes.

cant fight with the operator, within 5 mins, 600 biji sold down from 1.1 to 1.06. 80 continuous sell transactions within 5 minutes at 1130am - 1135am

Still being suppress and block by the syndicate or IBs. Can see how the q up large volume of sell q to block it from rising. Next after 450pm, all large volume cancelled. It just being used to block the price and cont to suppress level by level.

last QR, TSH reported ASP of around RM4700. so go figure out what they gonna make if CPO is at RM5000.

kl_guy
if CPO drop to rm5000 , how much TSH making at this level ? Anyone got any idea?

Calvin, later TSH boss said let s take TSH private by offering rm1.30. Then how?

If you have not been thru the market in 2008, you wont be able to understand what is happening now and what to do next.

2008 price. WOW!

Poor TOP Glove. Once traded around rm30 due to Covid, now trade below rm1 due to end of Covid. Prior to Covid, ithas always been trading around rm5. Did Covid bring fortune to Top Glove or causing losses to Top Glove? 2008 low. Time to load up.

Top Glove back to 2008 price.

Sorry lah. Need to check with my big supplier first - Aminvestment. They wanna conduct sales in August.

VTrade

Adcool dont want sale in august lagi.
Need to 让子弹飞

Ahhh. We close earlier. Stocks sold out. Sorry for the inconvenience. Pls come back again in August for the next Sale.

Thank you for shopping at TSH mall. we only have some stocks left at 1.18 and sales would end at 5PM sharp. Grab your bargain now or never.

Happening this year and next.


StartOfTheBull

Gloves has been sentenced to "death". Need untill most existing gloves factories close shop then may the chance for revival.

Gloves has done correcting. Not Tech. In fact, now it's the best time to buy gloves and keep for 3-4 years as the recovery would be slow and steady onward.

calvintaneng

yes gloves and Tech will drop more and more but palm oil by virtue of

This is an urgent announcement. Please note the sales is ending soon today at 5PM sharp.
Thank you for shopping with us.

When going to revive the Segambut KL Northgate project or Semenyih project JV with Seacera or Kuantan project JV with Seacera?

negative overall market sentiment. Might not move.

Usually Bursa would revert within 1.5 months. Anzo reverted to Bursa on 5th May, hence 1.5 months from then would be around 20 June.

Poor shorties. too aggresive and sold down to 1.13. now panic to cover back due to intra day.

There was one almost burst, FGV. :P

Chon888

I have been in the stock market for quite some times.

I have never seen any plantation stock gone bust or delisted.

The key thing to look is the US Fed rate as it would affect the bond and treasury yield. When DJI up from 22k to 36k , KLSE was at the opposite trend down from 1850 to 1600. Malaysia market has depeg from DJI for quite some years. Foreign funds has exited Malaysia market for several years. Not only now.

supersinginvestor

Dear adcool...
Dow jones n us dollar means alot for bursa its wat we call carry trades...
Carry trades is when foreign funds come from us or europe using us dollars to buy malaysia shares n now got to dump malaysia shares to go bak..

Dont look too much on DJI. DJI was around 29000 prior to Covid and now still stand at 31k++. While KLSE was around 1600 prior to Covid and now at 1460++. DJI is meant to correct. Other markets has either corrected or back to pre Covid price. Just see Hang Seng, China, Germany, UK markets. Only DJI still above the pre Covid time as US has printed so much money and almost to 0% interest rate.
888STOCK888

DOW FUT - 468.....BBQ LIAO

enough for today. keep some bullets for tomorrow and Wednesday.

Buy...sales almost over.

Don't expect Bursa has lot of funds. Bursa market is small and depends a lot on foreign funds and local institution to support the market. Just wait for the knee reaction of panic and fear about Fed increasing rate this Wednesday. It s already been expected and yet all the ppl sell for nothing. It just part of the game. If market doesn't correct or sell down, how do operators gonna buy low and sell high again? Once Fed announced the rate increased this Thursday morning( Malaysia time) market will recover. Unless FED goes crazy and increased 1% rate then market would go more red this Thursday.

Yesterday was last trading day of warrant. Today is last day for the VWAP calculation. Hence still kacau kacau today. Monday confirmed no kacau

Almost 4PM, whatever the operator throw to you, BUY!!!

Welcome to Friday. Anything operator throw to you after 4pm, just buy.

https://www.klsescreener.com/v2/news/view/1000809

Kenanga still giving TP 1.90 even with Kalimantan land disposal.

Just wait until this next Monday. Come this Friday, whatever operator throw to u below 1.28, just sapu.