In 2016?

He also recommended me to buy Hexcap at 66 sen some 2 plus months back bragging it would soon breach RM1 or I would otherwise regret. He was into the HDD craze then and ignored the safety of palm oil stocks. Hexcap is 42 sen now. Did it reach Rm1? Only in your wildest wet dream.

In 2016 Calvintaneng recommended 4 great stocks including JTiasa which traded around 1.64 then. Can anyone believe he bought it at 63 sen?

A congenital liar and braggart with few redeemable traits. No visible proof of making money from the market, only loose cheap talk. Going by his stock recommendations, he is deep shit in the poor house.

The end of this week will reveal how much better off I am selling TSH last week and rolling proceeds into JTiasa. The numbers are already mildly positive but I expect better with release of JTiasa's FY4Q results and final dividend.

The blurry eyed eagle just refuses to see that serious money is buying into the big banking stocks and not plantations. The good thing about TSH is that there is reasonable liquidity and you can comfortably sell around 1.15 now and use the proceeds for a better investment choice.

The tangible numbers are near impeccable but the trust issues are still not dispelled. Will take time and visible efforts by management to bring back serious investors.

I lost money following OTB. But I never blamed him because he was sincere and genuine. He is human and not infallible. Just that I followed the recommendations at the wrong time. Sad to say, the same cannot be said of KYY.

TSH can sell a part of its 94700 acres of Nusantara land for the Calvin postulated price of RM4.2m per acre and be the ultimate cash laden cow!!

Calvintaneng : "Assets play is my forte and few can understand."

I can recognize psychotic behavior when I encounter it.

The clown is deep shit into TSH hence the self interested endless promotion.

Yea, sell TSH now at 1.15 and switch to JTiasa at 1.06 and still get some pocket change back. Also good chance of profit recovery for JTiasa this 4Q2024 plus a final dividend given the strong operating cash flow of RM300m. No need to wait for property sales to boost profits.

If you want to witness idiocy combined with obstinacy, do come visit this thread from time to time. If you miss some episodes, do not fret because the Singapore based lunatic dwelling here posts frequent re-runs.

Seriously, I'll give two hoots to the Singaporean serial commentator. One of laughter and one of derision. That's no more than he deserves. Yet he won't desist.

Malaysia's 2Q24 GDP of 5.90% is a thumbs up for positive sentiment going forward with banks seen as beneficiaries of stronger economic growth. Foreign funds are now buying the larger bank stocks. Plantations remain unloved.

@3iii ; That's an interesting story. Must have worked hand in glove with major shareholders to unload. And doing it only once shows tremendous discipline and restraint. Plus street smarts. Most operators cannot stop at one score; therein lies their downfall.

The eagle taking off from a Singapore HDB flat with impaired vision, unable to see gold in nearby Johore property stocks, was mesmerized by a blinding flash in green ulu Kalimantan and thought he spied rivers of gold there! Two years later, unable to overcome his greed and ego, the blurred eagle is still circling the Nusantara area in Kalimantan seeking gold. Little did he know, the flash he saw came from the talismanic mirror of a Dayak tribesman

Calvin the joker, these days durians especially Musang King and Black Thorn variety are a very profitable cash crop that are graded carefully (A,B,C etc) and priced accordingly. Reputable sellers will guarantee your satisfaction or you keep your money. They accept liability if their choice is bad. You should learn something from them instead of promoting dud counters and refusing to acknowledge a mistake.

Attention and admiration (from newbies, others can see him for what he is) appear to be his motivation to post incessantly. Learning new skills and improving investment knowledge are not. He is on a one man self anointed mission. Delusional and doomed but he is unfazed. What a character!

This Calvin is getting more desperate by the day, it seems. Grasping at any straw to promote Nusantara and by extension TSH. You are only an insignificant minority shareholder just like me. Chill, man, what will be will be. Spitting against the wind does not help. Let Kelvin Tan do the work he is paid to do. Come, relax and enjoy the current durian season in Raub, Pahang and not be cooped up in your tiny flat in Singapore.

Do we hate Calvin? No. Detest his repetitive posts, repudiate his so called investment approach, loathe his bloody mindedness, reject his self absorption ; yes.

LOL...I wouldn't bother with Calvin's comments anymore than I would a stray dog's lost bark in the night. He is obnoxious and repetitively nauseous but has no impact in I3investor other than posting record comments. Since he is unable to learn and cannot accept being wrong, let him wallow in his ignorance imprisoned in a mental cage.

No need to worry about Genine Chain disposing more shares so long as disposal is orderly and rational. Other savvy investors will pick up the shares if 4Q24 financial results are decently above RM40m with management transparent and fair to minorities. Yes, a generous final dividend of 3% plus no surprise RPTs or asset impairments or such will be much welcomed. I hold out hopes JTiasa can evolve to be more like Ta Ann.

Investors who bought into property counters such as Crescendo, SimeProp, SPSetia early in 2024 with high Johore land exposure are laughing all the way to the bank. Only a deranged Singapore nutcase will pick property in ulu Kalimantan over neighboring Johore.

A disappointing but not unsurprising conclusion to a painfully drawn out sale after more than 2 years. Many questions remain unanswered but what is clear is that land sale in Nusantara is fraught with complications. What happens to TSH now? Future earnings and dividends growth will be anemic without land sale boosters. There are other more attractively priced plantation stocks. Time to do re-allocations.

Idiocy + obstinacy = lunacy. This best illustrates Calvin's investment approach. Unable to learn, unwilling to admit wrong, sideswiped by mental health issues.

Some one plus month back during the data centre craze, Calvin warned investors will lose out if they don't rush into HDD component stocks. Even had the gall to suggest I buy Hexcap at 66 sen claiming it will soon breach RM1. And now? Hexcap is 41 sen. All who followed his greed and ignorance would have lost their shirts.

I rest my case.

Calvintaneng should be locked up for everyone's sake but especially his own. When idiocy combines with obstinacy, you get lunacy of the highest order.

@StartOfTheBull; Go peruse Appendix J Financial Effects of the Remaining Disposals of Land and especially Item 2. The pro forma statements therein expose the lies and ignorance of Calvin, in particular that Rm221m is yet due from remaining disposals and that all profit had been taken in earlier.

Saving my breadth. No more discourse with an irredeemable ignoramus.

@gohkimhock; Thanks for the pointer.

In 2023AR under Utilization of Proceeds (pg 121?), TSH disclosed utilization of Rm457m being proceeds from said Bulugan land sale Rm731m which indicates a balance of Rm273m is yet to be received from remaining land, not Rm221m. You explain this anomaly.

Are you kidding or lying outright? If book value and remaining balance to be received is the same, then it implies all profit was recognized earlier irrespective of accounting convention. No more profit to be booked. It may also imply distortions in the pricing of the lands or worse. No, Calvin, you find out yourself.

You poor ignorant thing Calvin, that RM221m is the book value of remaining land, not the balance of sale proceeds to be received.

Calvintaneng; Show how you got the figure RM221 m? Is it straight from 2023 balance sheet item under 'Land held for sale'?

Calvin the dunderhead, you want TSH to receive only RM221 m which is the value carried in the books? Or the balance of sale value RM731m - 457m ie RM273m which gives profit RM52 m? It is very obvious you have no formal training in basic financial analysis or accounting or you would not make such a simple error.

A cannon loaded with blanks can only make loud noises.

Quantity over quality? That about sums up Calvin the big cannon.

With over 54k comments over 10 years, he holds i3investor record for most posts, most repeated posts and most garbage posts!

He also claimed in 2022 that TSH will reach the Nestle beating price of RM150 ultimately. That will give TSH a market cap of RM207 b compared to Maybank's current Rm122 b and Nestle's RM28 b. That guy's rantings is way off the charts. He should be locked up for his own good.

Just how are new 200 year leases granted to privileged investors going to benefit TSH whose land leases in comparison are relatively short term?

Calvin the clown can't get his numbers right or his head straight. He keeps referring to RM221m on the remaining Bulugan sale land when this is the value carried in the books. The remaining sale value is around RM273m ( 731m-458m) which yields a profit of RM52m to be recognized. Selling and receiving proceeds RM221m means zero profit.

If you had bought Keck Seng in April 2022 at RM3.50 and held on till today, you would have doubled your money. If you had listened to Calvin's kaw kaw buy on TSH around the same time at RM1.60, you would have lost a big chunk of your capital today. These are the facts. If you had additionally bought TSH in 2022 all the way down to RM1.00, I really feel sorry for you.

Calvintaneng apologizing for making a mistake! Wonder of wonders! Will he apologize for other mistakes if pointed out to him?

Cash rich? Bloody joker this Calvin. Net cash -14.69m, eps 6.2 sen, roe 4.14%, pe 20.16, free cash flow 159m, div yield 2% only. Earnings from present plantations is anaemic with no income from unplanted Nusantara land. It wouldn't surprise me if Nusantara lands were speculative purchases in the past. It still might pay off if Nusantara takes off but it will take time, probably a long time.

Few expect windfall gains from plantation sector in the near future. The 2022 run in CPO prices barely lasted a few months and was more a flash in the pan than a tailwind. CPO prices staying around RM4k per tonne is already a blessing.

What a nutcase! Likening the renovation of an old terrace house to the construction of a new airport. Similar to comparing TSH share price to Nestle's. Get real, Calvin, and visit a shrink, quickly.

Calvin's prophecy in 2022 is for TSH to become a blue chip and reach the Nestle beating price of RM150 in a once in a lifetime CPO bull run. Please patiently wait for that to materialize. Its 2022 high was around Rm1.80 and that's still a long way to go.

Sure looks like a breakout at long last. Is news of final portion 2022 land sales completion the catalyst? Or something else even more exciting?