Sissy or silly?

Stop being a clown, Calvin. Public Research and Public Mutual, while part of the Public Bank group, are managed separately and make their own decisions regarding investments or recommendations. There is always an internal firewall around an independent Research in all IBs as part of their operating MO. And its not only Public Research, most IB research houses are just not into TSH because future earnings growth from its plantation is not visible. They don't go gaga about TSH's future land bonanza in Nusantara because that future value cannot be unlocked until the land is sold. At the moment, there is no recurrent income from such unplanted land.

Prevarication will not help Calvin, he does not know if the deferred land sale will go through. The lands were sold in April 2022 for RM731m of which as at 20.03.24, RM457 has been received and utilized (Annual Report 2023) which should leave a balance of RM273m to be settled by July 4, 2024 which is less than 2 weeks away. The purchasers appear to be industrial park developers and a sale can add intrinsic value to neighboring lands.

It is in Calvin's DNA to make highly exaggerated and spurious claims about future land values. That is a pie in the sky. However, what interests me is the remaining balance of RM273 m from deferred land sale in 2022 will be received by 4 July 2024. What about it, Calvin? Can confirm?

Whatever happened to the slogan "stay safe in palm oil"? Don't even follow your own advice? The frenzy in Data Center related stocks will be over one fine day and those whose clothes have been burned off in the melee will be revealed.

Has Calvin got his decimals mixed up again? In mid 2022 in the midst of his kaw kaw buy, die die hold call on plantation stocks, his eventual target for TSH was the Nestle beating Rm150.00; not a miserable Rm1.50!! Go figure.

JTiasa and TSH are trading around the same levels today from 1.11 - 1.14. Taking a 6 months view, I plumb for JTiasa because of superior earnings and likely a final dividend for FY2024. Exchange ratio 1:1

@prudentinvestor; yea, it's been many years and many teachers as well but that crab continues his sideways walk. Have a good day.

Histrionic and narcissistic traits on display again. What grandiose anecdotes tying in kamikaze pilots and US aircraft carriers. Is the stockmarket a war theater? Its all in his head and someone needs a headshrinker much more than TSH needs a promoter or an apologist.

Moral of the story :The son becoming a doctor is thanks to the mother who bought the set of British Encyclopedia. The father seems to have made little or no contribution.

The 3:4 bonus issue appears to be a meaningless corporate exercise by itself. No funds were raised, no value created. Why did the company do it then?

Done. Put some petrol money on domp's spider sense!

@dompeilee; Congrats! Your timing much better than mine but similar route. Sold some JTiasa from 1.20 to 1.40 earlier and bought back below 1.10. Must learn from you how to time better, however.

The histrionic joker quotes Jokowi on Ikn Nusantara sky high land prices but did Jokowi say meters or square meters? And is one meter really 10.764 sq ft.? Sheesh! You believe someone making such basic errors can lead you to stock market riches?

This is a jolly good time to consider gaining admission to the top 30 shareholders list in JTiasa for the long haul. Only takes 3 million shares. Financial parameters appear attractive and it is only governance issues that still bother. Come 4Q2024 and profits recover nicely plus BOD declare a generous final dividend, I will become a believer.

TSH has prevailed from its 2022 high of 1.80 down to today's 1.09. Will it prevail further to below 1.00 where it might be considered a decent buy and I can pick up what I sold today?

Someone's histrionics now on open display after being triggered by some innocuous comment. What has HDD got to do with this plantation stock thread? Are HDD components grown on oil palms? Theatrical reaction just about sums it up.

Irresistible at 1.07. Surprised at that much negative reaction to 3Q2024 weak results. Rate of exchange TSH:JTiasa now 1:1 and a doable switch. Betting on JTiasa operating results to recover strongly next quarter compared to TSH.

"Histrionic Personality Disorder is characterized by a pervasive pattern of attention seeking behaviors and a theatrical level of emotional reactions."

Can you believe this nut case? He will deny and deny; then lie to his milk teeth to seek the attention he craves. I will add Histrionic Personality Disorder to the list of mental disorders he exhibits.

You know why Calvin needs to hold TSH till, if ever, it is celebration time? By his own admission, TSH is by far his largest holding in a poor performing plantation portfolio and cutting loss will decimate him. Where can he get extra meaningful funds to put into his latest stock investment squeeze, data center related stocks? He just jumped on the current hot theme to remain relevant.

If indeed one fine day in the (very far) future TSH does reap great benefit from its Nusantara lands, Calvin will rise up and proclaim his prescient stock pick and berate everyone else for not believing. Never mind if it is 10 years into the future and sane investors would have cut their losses well before.

TSH is not Tarzan Samson Hercules but a Totally Stup-d Hold since 2022 going by its share price performance of 1.80 high to 1.05 now. But does Calvin acknowledge it? Never!! That's the deep rooted extent of his confirmation bias and narcissism - he can never be wrong!

Talk about high expectations colliding with low performance. There must be a lot of weak investors out there who can't stomach short term pain given this level of selling. The 3Q2024 result is not that bad even if a tad disappointing. A much better 4Q2024 plus a generous final dividend will generate a lot of regrets for these knee jerk sellers. FCF above 270 mil pa gives BOD room to declare final dividend 3.5 sen making a total of 6 sen FY2024. Let minorities get some decent money.

What is noticeable since announcement that TSH is out of MSCI Malaysia small cap is its declining trading volume and eroding share price. And the opposite for OSK and Mah Sing which will be in. Now, what stocks are funds buying and selling?

An incoming political leader will paint a picture in the colors they desire, be it B35, B50, B100 or 8% GDP growth and it sounds good to voters. Achieving it, however, is left to posterity. Did we not also have a past political leader who spoke of Vision 2020 and continued 10% economic growth but where is Malaysia now in 2024? Stuck in a middle income trap and mired in political discord. Reality bites and the bite can be debilitating.

Jeez! Did someone just suffer another manic episode? All that past drivel being repeated again. Chill, the market makes fools of us from time to time. Just accept that being wrong on occasion is normal.

TSH out of MSCI small cap index in latest May 2024 review after 2 years stay. I guess MSCI is not too impressed with TSH price performance during that interval.

Cheapest does not necessarily mean the best buy but has the potential to be the best buy. It falls upon the BOD to create and sustain value for all shareholders and that means consistent fair policies and good governance practices. Still some way to go for JTiasa in this respect.

China's wide manufacturing base caters for the widest range of products in its wide flung markets, from the cutting edge highest end to the basic very low end, and it so happens much of the Malaysian market is at the lower tier. Whose fault is it? Products go where there is demand and a market for it.

Really strange and unfathomable trading pattern. Is this the covering smoke before fire breaks out (next month)? An oracle coming true?

Let me tell you a true story. My cousin inherited 300,000 Nestle Malaysia shares from his conservative father, a long time Nestle distributor since the 1950's, and who had faithfully subscribed for Nestle's share incentive scheme through the intervening years. Soon after Nestle was listed in 1989, he sold his shares at over RM5 so he could get the funds to build his dream house (not in KL or Penang) What a terribly poor decision in hindsight. The 300,000 Nestle shares would be worth RM35 million today and he would have enjoyed superlative dividends over 30 years. The moral of the story is when you have got a real stock winner with a dominant business, stick with it faithfully through the years. As an aside, the Nestle distributorship is long gone, he has sold the dream house and emigrated to greener pastures.

Compare JTiasa to Ta Ann.

Utd Plt has more than a century of innovative agricultural history in Malaysia. They treat their workers well, providing good housing and benefits. They pay their suppliers on time. They distribute generous dividends. They don't monkey around with related party transactions. Go visit their main site at Berang, Perak and marvel at how clean and organized their workers quarters are. There's even a little delicious bakery there open to visitors.

By the way, while they are multinational corporations, Allianz is of German origin while Nestle is Swiss. Utd Plt founder is Danish origin. If looking for British, try Boh Plantations.

Premium valuation is given when it is well deserved and only after decades of sustained growth and proven performance. Nothing to do with management's skin color. Everything to do with trust, integrity and shared prosperity among all stake holders.

What? TSH target now only a modest RM2? What gives? That's a big climb down from target of RM3 by end 2022, blue chip Rm10 longer term and the Nestle beating RM150!! I am super disappointed.

There was a period from mid March 2020 to mid May 2020 when TSH traded below 60 sen according to historical charts. In fact went below 50 sen.

TSH is the ultimate "kaw kaw buy, die die hold" stock promoted by Calvin and also his largest holding according to his own admission. When and if it breaks its April 2022 high of 1.80, then there can be wild celebrations. Until then, Tarzan Samson Hercules remain shackled by weak price performance.

Someone definitely has a touch of manic euphoria. Have JTiasa catch up with TaAnn in governance, transparency and stakeholders trust before taking on the redoubtable UtdPlt. Their current gap is wider than the Pacific Ocean.

@dompeilee, you get my vote for straight talking. An extremely patient investor who bettered a self anointed super investor ultimately humbled by his own oversized ego.

@Calvintaneng, when will TSH share price rival Nestle's annual dividends (2.68 for fye 2023) ?Never mind the Nestle beating price of RM150 which you proclaimed in a manic moment in April 2022 when FCPO went above RM7K. You seem to be nearing one of those hysterical breakdowns, champ, with FCPO barely above Rm4k. What if it goes to RM8k? Do take care of your mental health.

Where JTiasa goes from here depends on its BOD. All the ingredients are there for the development of a good plantation company well respected by its peers and stakeholders. Looking back 10 years, JTiasa at 1.28 still stands at half price its 2014 price whereas TaAnn at 3.69 is double its 2014 price. That is a world of difference. The main reason for the wide divergence? How these companies, engaged in similar businesses, are managed ; and how they are perceived by investors and stakeholders. JTiasa has a long way to go in this respect but has made a positive start by increasing dividends. Investors must feel they are given a fair shake, not taken for a ride.

Logging and plywood were great businesses 30 years ago when timber concessions were easy to get and environmental issues not of great concern. Those very profitable heydays are gone now for JTiasa and WTK. Their timber divisions lost money the last 5 years and have been continually downsized. Many small independent plywood factories have closed down. The move into oil palm plantation was a life saving diversification.

You have to take all predictions with a pinch of salt. In Tan TB's case, his bullish view is a surprise after his gloom the last umpteen years. Ultimately, it is stable and farsighted political leadership that sets the stage for economic resurgence in Malaysia. Is that even remotely possible with the toxicity that has enveloped local politics? I am a lot less sanguine about KLCI's future performance. Three to five years is a long time to wait.

Quarter's loss caused by Rm25 m write down in biological assets in accordance with accounting rules as the timber business continues to bleed. Many small plywood operations have closed down in the last few years. Operating cash flow is still positive hence ability to pay 1.5 sen dividend. Looks like profit recovery may take more time if there is no turnaround in the timber sector. Plantation will become more dominant with the recent acquisitions. There are also valuable surplus properties that can be monetized and funds channeled to better earning assets. Still cheap on a P/B basis.

Untreated mental health issues can lead to delusions and deep seated personality disorders. The narcissism seems to have run strong and unfettered for 10 years or more. It may have taken over the person, or will, if allowed to run its course.

In excess of 52000 posts in I3investor over 10 years is indeed a waste of time and one's life. It could be better spent in community service or doing good deeds for others.

Someone can't figure out travail and trivial are two totally different words with entirely different meanings. Perhaps he is not suited to cope with the travail of being criticized too many times in his woeful stock predictions.

Still won't admit a wrong call after 2 years. What was it my grandmother called us if we stubbornly refuse to admit wrong? A dead chicken still flapping around stretching its neck minus the chopped off head. Help, this dead rooster is still trying to crow!