Posted by calvintaneng > 2 months ago | Report Abuse

LTAT took Bplant private when its last and final result showed only 0.68 profit

When JCorp took Kulim private at Rm4.10 (From Rm2.50)

Kulim even reported 2 final qtr results in losses

See

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=2675185


From here we see Oil Palm companies got a Unique Advantage over all

ITS LANDS AFTER A TIME WHEN RIPE WILL REAL GOLDEN WINDFALL as DATA CENTER, SOLAR FARM, INDUSTRIAL PARK OR EVEN NEW TOWNSHIPS

Posted by Sslee > 2 months ago | Report Abuse

People use PE or dividend yield to value plantation companies.
So what is the average PE and dividend yield of big, middle and small plantation companies listed in Bursa?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

Once again, a load of writing of little value.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

Our modest Singaporean friend posted his target price of RM 1.50. He was telling everyone to buy at RM 1.78 in recent past. For the FIRST time, he is admitting his Mr. Market behavioural problems. :-)

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

Actually it is extremely easy to place a value on TSH. Given its low level of ROE, it should NOT be trading at higher than its NTA.

Investing us simple but not easy for our Singaporean friend who is lost in massive data. He failed to see the wood for the trees.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

Study the cash that was raised by TSH through selling its assets.

What happened to this cash? It was clearly explained in the quarterly report.

A large portion was used to reduce its huge debt. This was a good thing for the company.

TSH will also use a portion to replant new acreages.

Its net cash roughly equals the sum of its short and long term borrowings.

What will be its recurring earnings going forward?
How much dividends can be expected from these projected earnings?



Conclusion: look for another company with higher quality business and with better upside/downside ratio to invest long term.

Posted by Sslee > 2 months ago | Report Abuse

Indonesia plantation companies indirectly pay Levy and Duty on CPO as refinery pay miller CPO international price minus levy and duty.

Palm Products Segment (Continued)
Both the segment revenue and profit for Q2 2024 and 6M 2024 and the corresponding periods last year were impacted by the Indonesia Export Levy and Duty on CPO as shown below:
Quarter Ended Year-To-Date Ended
30.06.2024 30.06.2023 Changes 30.06.2024 30.06.2023 Changes
RM’000 RM’000 % RM’000 RM’000 %
Indonesia Export Levy and Duty on CPO
21,155 33,765 (37%) 41,473 59,767 (31%)

Average selling prices
Quarter Ended Year-To-Date Ended
30.06.2024 30.06.2023 Changes 30.06.2024 30.06.2023 Changes
RM/MT RM/MT % RM/MT RM/MT %
CPO 3,704 3,493 6% 3,645 3,523 3%
PK 2,250 1,785 26% 2,088 1,778 17%

Posted by Sslee > 2 months ago | Report Abuse

And if miller export the CPO to Malaysia refinery then miller directly pay the Export Levy and Duty on CPO.

Posted by calvintaneng > 2 months ago | Report Abuse

Bplant NTA was Rm1.29

Ltat took Bplant at Rm1.55

why pay higher than NTA ?

because Bplant is worth much much more

after LTAT took Bplant private it sold Kulim lands to Kedah Govt for Rm333 psf (book value Rm30 psf) So Ltat made 1,000% profit

so is Tsh
it will be worth much much more than Bplant when it's lands in Ikn Nusantara are sold


https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3401302

Posted by calvintaneng > 2 months ago | Report Abuse

We bought Tsh at Rm1.09
and bought BUMITAMA (Spore) at 46 SEN

today BUMITAMA with 100% operation in Indonesia is 70.5 sen or up by 53% while Tsh still a laggard

so we switched BUMITAMA to Tsh


https://sgx.i3investor.com/web/stock/analysis-price-target/P8Z

Posted by calvintaneng > 2 months ago | Report Abuse

There are 7 phases of a palm oil co

when Inno was in phase 3 to 4 Cold Eye aka Fong Siling bought

now Inno is in phase 6 to 7 and priced up


so now is not the time to chase Inno but to buy Tsh as it is moving out of phases 4 to 5

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-09-26-story-h-218987595-THE_7_PHASES_OF_A_SUCCESSFUL_PALM_OIL_COMPANY_Calvin_Tan

Posted by calvintaneng > 2 months ago | Report Abuse

Peter lynch said there are 6 category of stocks

1. fast growth
2. slow growth
3. stalwarts
4. turnaround
5. cyclical
6. asset play

very few people can reach number 6 standard of asset play

they don't understand and therefore missed Kulim when it was taken private at Rm4.10 (from Rm2.50)

so they will miss Tsh

see Kulim still negative qtr when it was taken private


https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=2675185

Posted by calvintaneng > 2 months ago | Report Abuse

why people cannot see Tsh super value assets ?


see answer ..


👇

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2019-12-03-story242906-THE_PROBLEM_OF_3iii_IS_HE_HAS_TUNNEL_VISION_IN_INVESTMENT_HE_CANNOT_SEE_WHAT_OTHERS_SEE

Posted by prudentinvestor > 2 months ago | Report Abuse

@calvintaneng, what is your comment on your numerous malicious posts this morning accusing Julius Baer (Keck Seng's largest shareholder holding on behalf of the Ho family) of involvement in wrongful acts in Singapore which was intended to harm Keck Seng and which you have now deleted. It was Julius Baer's staff by the name of Liu Kai who was implicated.

Posted by calvintaneng > 2 months ago | Report Abuse

I have deleted this due to request from some Eagle Group members who also got Kseng shares

In any case all must decide for themselves

Win or lose will be determine by Future Performance

I also posted on Harta for a sell at Rm9.98 and Ijm Plant a Buy at Rm1.86

Though at that time many still buying Harta all the way down

It has proven Ijm Plant buy call was chun chun

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA