The final solution dealing with toxicity is to not respond to the source of provocation and just walk away. It is difficult to do so when you are unjustly maligned but ultimately, there is no other solution.

Decent 3Q2024 results but no special dividend announced. You would think small family controlled companies would dividend out surplus cash in 2024 to avoid the 2% dividend tax that may come in next year. Exactly what Lysaght did and coupled with good results, turbocharged its share price.

Thanks for the prompt response and do keep well.

@Sslee ; What is your view on the recent sell off on JTiasa from 1.27 to 1.16? Too many weak short term speculators spooked by CPO price correcting below Rm5k? I am a bit surprised by the extent of the fall back given that 1Q2025 results (expecting good results) will be out within 2 weeks.

Great buying opportunity today to get closer to top 30 shareholders or even to break in with so many weak holders being weeded out.

It's hard to figure out why some people prefer to be toxic than learning to become rich. It's more fun being rich surely.

The out performer in plantation stocks is JPG. From RM1.05 to above 1.35 in one week in good volume after languishing below 1.00 for months after its June 24 IPO. Strong hands are buying.

Interesting price/volume action today in WTK. I must say it's about time.

I can't agree more with Phillip. People who are unable or unwilling to learn from their stock picking mistakes are doomed to repeat them. Who has not made mistakes investing in stocks? The good thing is, the market is always there and you have opportunity to make back your losses.

TSH nearing its 2024 high of 1.25 but very far from its 2022 "kaw kaw buy" high of 1.80+ which is a mountain to climb. Future earnings won't propel it to this height so will the management again attempt to sell part of its Kalimantan lands to drum up speculative interest?

Thanks to Calvin for zipping his mouth, TSH moves up in the blissful absence of his incessant promotion. Will it catch up with JPG and JTiasa?

WTK's exports logs to India and plywood to Japan/Taiwan. Timber revenue has been stable around RM180m the past 3 years 2021-2023 whereas plantation revenue increased from RM148m to 225m and the business is profitable over the same period. Other businesses Tapes, Frozen Foods are relatively modest. If Timber can contain its losses or make profit, WTK will report decent profits in 2024. Note that EBITA was positive in 2021, 2022 and 2023 at RM52m, 76m and 46m respectively. WTK is recovering from a low base price.

To be brutally frank, over the last 21/2 year period, TSH has fallen precipitously from its 2022 high of 1.80+ while JTiasa has broken its 2022 high of 1.20+ in 2024, and still holds around that level. That, despite some long term shareholders selling. Someone should critically and objectively examine the reasons why. And maybe learn something useful.

A sad case of idiocy meeting obstinacy in stock investing.

"Don't fall in love with a stock, no matter how enticing". Did Calvintaneng fall in love with TSH? Or, having put himself out there as TSH's principal promoter, he could not bear to be proved wrong despite changes in circumstances? Did his narcissism numb all other senses?

In a mere few days, JPG which listed in June 24 at retail price of 0.84 sen, has overhauled TSH which continues to languish around 1.10. This is despite persistent selling by cornerstone subscriber EPF. Anyone holding on to TSH has missed the opportunity to switch to better stocks such as JPG or JTiasa.

Calvintaneng, you are one character that's full of bull, year in year out!

Calvintaneng; Is another once in a lifetime plantation rally coming? You still have not put to rest the "kaw kaw buy" ghost of the April 2022 rally. Were you wrong then or is this a continuation of 2022?

Calvintaneng ; Were you wrong in 2022 about a once in a lifetime bull run in CPo prices and plantation stocks? You have never acknowledged it nor apologized for your mistake.

Virtuosity was displayed in April 2022 when some deranged clown predicted a once in a lifetime bull run in CPO prices when it briefly breached RM7k and screamed buy kaw kaw on plantation stocks. Commodity price cycles are notoriously brief and unpredictable but that did not deter his enthusiasm. Not even the less than sanguine opinions of industry experts. He knows better. TSH broke 1.80 then but came down to earth quickly as CPO prices fell back. TSH at 1.10 now is a gruesome investment for those who heeded his buy kaw kaw cry in 2022 and are still trapped.

Calvintaneng ; What's with all the drivel? Can't give a decent rebuttal so post a ton of hopeless information to show how learned you are? You can't get away with such diversions anymore. Some of us here have an eye out for your tricks.

Calvintaneng; "Since all up i did not chase but buy laggard Tsh"

Why did you not pick the "all up" plantation stocks to buy earlier? Not very clever is it? You can now sell the "all up" stocks in exchange for more TSH. I can exchange 1 JTiasa for 1.2 TSH after making the reverse switch some 3 months back. Laggard TSH will remain so unless its Nusantara lands can be monetized and that dream is fraught with uncertainties.

2024 may be the breakout year for JTiasa with all 5 criteria of a desirable investment being met. A perfect storm in the making. Results for the last 2 quarters were a tad disappointing but the next 2 quarters should make up for it. Target is to break into top 30 shareholders. Will need to re-allocate portfolio to meet target.

JTiasa currently meets all the criteria of a desirable investment stock with good ROE, high cash flow, low P/E, low P/NTA and high dividend yield. Until one or more criteria fail, hold on to the stock. High CPO prices provide a bulwark against such failure. Recent market action is an indication of serious money coming in, believing in the recovery story and taking out stale bulls and weaker holders.

@skoh ; Welcome back and be entertained, exasperated or whatever by the clown. It's business as usual, he came back out of the blue. Thought his family had him committed but here he is again.

@prudentinvestor ; I verily confirm that one Calvintaneng exhorted me to buy Hexcap at 65 sen some four months back during his June/July 24 HDD affliction phase claiming it would soon breach RM1.00. I admonished him that many will lose their shirts listening to him once the HDD craze was over. And so it did come to pass. Very sorry for those misled by this serial liar.

Now, in his own words here, Calvin attempted to sell Hexcap around 70 sen. Not 80, 90 sen and of course not RM1. What do you think of a deceitful creature like that? That guy is an absolute disaster to your wealth if you listen to him.

I love this part "..Now, as a firm believer in the power of value investing, Calvin is passionate about sharing his knowledge with others."

More like sharing his ignorance and half baked misinformation. BNM can confirm Eu Finance, a licensed finance company under its auspices, was absorbed into CIMB while Setia Timur, obviously not licensed by BNM as a deposit taking institution, was taking deposits illegally if it could pay 2% interest per month.

So, the ignoramus is unable to directly answer a simple question and choose instead to prevaricate and pontificate as is his usual wont. A shameless creature indeed.

Plantation division continues to improve with increasing FFB/CPO production but timber will be a drag going on. Until tropical log and plywood prices recover, WTK will not realize its potential. Too much of assets tied up in unprofitable timber business.

Eu Finance Berhad was merged into CIMB following the 97/98 Asian financial crisis, it did not collapse. As for Setia Timur, this is not a financial institution regulated by BNM but a credit and leasing company. Still waiting for names of 2 failed banks/financial institutions, ignoramus Taneng.

Is the clown remorseful for leading new investors to financial distress? Not at all. He will claim these were the then theme plays. If you did not sell when the theme started to play out, it ain't his fault.

Not many months ago, the same clownish character forsook the safety of plantation stocks for the short term excitement of DC/HDD plays. Same story, he promoted some bum HDD stocks including Hexcap but has conveniently forgotten about them and gone back to the plantation theme because of high CPO prices. This character has no integrity, nor remorse for his mistakes, only craves attention.

Some two months ago, tired of the incessant promotional drivel from a certain clownish character in I3investor, I sold all my TSH around 1.15 and put proceeds into JTiasa at 1.05. The thread is still there if you care to check. And now? TSH is 1.13 while JTiasa is 1.25 plus 3.5 sen dividend paid.The difference in two months? A whopping 25.5 sen per share in JTiasa's favor. This is verifiable fact, not the prevarication that accompanies dishonest discourse.

After buying 20m shares at 60 sen in a DBT from his billionaire uncle Wong Kie Chie who is resident in Australia, MD Patrick Wong emerges as a substantial shareholder with 6.2% in WTK. This is a confidence booster for its longer term price performance and business transition.

1st plane has landed but not the blurry eyed eagle still circling Nusantara jungle looking for shiny gold amidst the green jungle and hidden streams!

The clown never ceases to amaze. His ignorance is mind boggling. Just because DBS Bank and UOB Bank are listed in the annual reports as having a beneficial interest in TSH shares registered through an exempt nominee name does not make them owners of the shares. Not any more than The Central Depository Pte Ltd owns 250m shares registered in its name following TSH's secondary listing in Singapore.

Just imagine JTiasa's worth when the timber business stops bleeding and contributes to profits. Timber lost money the last 7 years. Painful.

Looks like the disaffection with JTiasa's 4Q2024 results trumps the positive 3.5% final dividend going by past few days' trading. This is a great chance to establish a long position at RM1.03/4. JTiasa's palm oil plantation division has become a reliable money spinner. Timber continues to be loss making due to industry wide issues. All in all, going forward, JTiasa will continue to be profitable and generating strong cash flows of some RM300m allowing generous dividends to be paid. I find the current valuations compelling.

I found it totally pointless having a discourse with someone totally into himself, unwilling to admit mistakes, unable to learn and apparently with untreated mental health issues. The repetitive promotion is nauseating and exhausting. Sold most of my TSH shares as a consequence and allocate time elsewhere in more productive ways.

It's not confined to KSL. Other bursa companies like MNRB also do not follow their announced 40% dividend policy irrespective of financial performance or position. We investors have to live and learn.

Look at KSL for a prime example of a bursa company with good earnings, a great balance sheet, a 40% dividend policy but zero dividends.

No need to go further than JTiasa itself.

Huh? It says dividend policy, not dividend guarantee. Better go find out the difference between a policy and a guarantee.

Dividends can be zero, or over 100% of net annual profit, if there are accumulated profit reserves. It's the BOD who decides. Declaration of dividends is at the BODs discretion with dividend policy a guideline. You want a guarantee? Sorry, no company will give you one.

Payout 6% dividend FY2024 is RM58 m or 41% of net profit RM141 m when guideline is 20%. Tell you anything?

The BOD are the gods who determine dividend payments each year and who also can vary any set dividend policy. I only try to interpret future action from their apparent signals. Having been on the BOD of a public listed company in the past gives me some insight.

I have JTiasa and OSK😀 but am holding for long term. Only a small (20% or so) portion for occasional trading. Sslee, you seem to have good instincts for taking advantage of price fluctuations so can trade more often.

Only death and taxes are certain. Dividends can never be fixed and certain; it depends on the company's performance, future needs and ultimately the BOD who determine and can vary the set policy. That is why 2.5% + 3.5 % for FY2024 is so significant being the highest for decades.

This is interesting. Disappointed short term investors continue to focus on short term results this morning instead of looking at the longer term management of the company. To me, it is very significant the BOD approved a 6% dividend FY2024 signifying a change in tight purse strings when it comes to minority shareholders. I will continue to buy more on weakness.

I will not fuss about the FY4Q24 results but to focus on the 3.5% final dividend making 6.0% for the year. One or two quarters weaker results is palatable when the directors make a statement about future dividends by giving out 6% for the year. At a modest PE 8, dividend yield is 5.17% with share price 1.16. What's not to like about JTiasa?