if closed below 0.525, will there be a violates of the cup and handle formation? more than 50% of the fiboncc from 0.62?please advise tq

brief profit taking tomorrow

Sunway Bhd Vs YTL = equally powerful

bullish hammer bottom formed

digital infrastructure for data centre

consolidation phase over,reversing up now.

huge resistance at 1.2 -1.29,if taken out would proceed to 1.40 - 1.45

huge volume well absorbed following days

not much resistance after break thru 0.75...now towards next strong resistance at 1.30

buy call from public investment bank to 0.95..
sp setia in the cup and handle chart

superbull run for all properties stocks.
sp setia is the leader/star.
Too late for kenanga to upgrade its tp to 0.68

something gone wrong with Kenanga

limit up today

breakout

not Europe,not China,not North America,all big fund would flow to South East Asia,centre of growth post pandemic.

if can hold til 2.00 to 3.00 only sell,for me ,I'm more bullish to hold til 4 - 5.00 as EPS for whole of 2022 about 40 Sen

no place for Dr DOOM (SEE & Mouse)to hide.

weekly chart also breakout...longer term up trend coming

....at the end Sp paying lesser interest to investors after the proceeds of Rcpsi C has redeemed all RCpsi B ,and the balance proceeds to pay Sp borrowings, and as working capital.Sp Book would look better at the end 2023

I think the sell off is due to Sp to utilise the new RcpsiC to redeem all Rcpsi B as RcpsiB giving higher interest of 5.93% per annum and 1% preferential dividend rate pee annum.
while RcpsC only give 5.43% per annum and the stepped up preferential dividend of 1% only due on the 5th anniversary of the issue date of RCpsC.Payining lesser interest for new RI

@moneyontheway
mee too couldn't get her whatapp,tried calling the line ,but not in service.i just SMS to her .

On a year-on-year (y-o-y) basis, HLIB noted that eight out of nine planters registered higher core net profit, driven mainly by significantly higher CPO price realised, but partly moderated by lower FFB output and higher CPO production cost.

"All planters reported lower FFB output due to acute labour shortage in Malaysian operations.

"All integrated players under our coverage registered higher downstream contributions during Q2 2022 due mainly to margin expansion (arising from lower feedstock prices),” it said.

KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) has maintained its 'overweight' rating for the plantation sector with the crude palm oil (CPO) price expected at up to RM5,500 per tonne until 2024.

In a note, the investment bank said following the recent second quarter of 2022 (Q2 2022) results, six out of eight planters had released results that met its expectation.

@Calvin,I want to join Eagle group too,can add me ?

ah pek@See Reseach/ah pak@Mikicyc

this forum not for long rubbish eassy ,so annoying to people here.

uncle@SEE Research /uncle@Mikecyc

No one interested in reading your rubbish essay. Every day posting grandfather grandmother stories.

@Dickyme10,can u show us how did u come about 80cts coming?
or u meant EPS 80cts.lol

TSH under value share with
FCPO - 4350
EPS over 50 cts
NTa 1.20

total combined land sales from Sabah & Kalimantan already have EPS over 38cents plus core profit close to 18 cent,sure terbang kuat kuat

debts free with profit over RM600 over million ,sure will terbang tinggi tinggi

EPS - Rm0.49 '022,tp -5.50 early next year

confirm breaking out

breaking out

hope Tsh should break out today

@JJPTR
short term borrowings-Rm452m,balance - long term borrowings.

2nd qrt - RM1.90,4th qrt22 - RM2.60- 2.80 tp

coming qrt RM1.90 ,final qrt22 RM2.80target price

the longer the share price consolidate,the better the stronger power to ignite.The awakening sleeping dragon is about to strike .

should reach Rm1.90 - Rm2.0 , by end August .total EPS above 13cents plus

bottoming like W shape?

share price of TSH already bottoming.

NTA - close to RM1.30 with large land banks in Kalimantan, profit from sold of palm oil land and mill with higher cpo price in the 2nd qrt should report good profit.nothing to fear about.

plantation companies with land banks and mills in Indonesia would be operationally stable and far better in worker shortage headwind
.labour cost much cheaper as compared to those in Malaysia.CPO price in Indonesia to stay elevated once CPO stock normalised as Ukraine-Russian War stil on going,

today intraday cup and handle formed with huge volume successfully break out 1.02,should stay above 1.02 today.

in fact uptrend convergence started since 21.6.2022,,,if I'm not wrong.

actually the most bearish point when RSI 14 hit 23.7754 on 21.6.2022.

@Trader Alwa

today price really over done,far below the lower bollinger band,it could be the lowest footing for TSh.(6 .7.2022)

today price really over done,far below the lower bollinger band,it could be the lowest footing for TSh.

TSh downtrend already over since 2 weeks ago,now is under consolidation phase ,trying to stabilise / to find a footing for a few more weeks

MIDF Research also maintained a positive stance on the plantation sector, with an unchanged CPO price forecast at RM5,500 per tonne for 2022.

However, the key risks to CPO prices include new variants resulting in another lockdown worldwide, higher-than-expected soybean and soybean oil stockpiles and supply as well as policy changes in importing countries.


STARPICKS
You need digital marketing as part of your skill set
The research house’s top picks for the sector are Kuala Lumpur Kepong Bhd with a target price (TP) of RM31.50 and TSH Resources Bhd (TP RM1.90).

Valuation wise, MIDF Research pointed out that Bursa’s KL Plantation Index is currently trading at price-to-earnings ratio of 25.4 times, which