TDM BHD

KLSE (MYR): TDM (2054)

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Last Price

0.235

Today's Change

-0.005 (2.08%)

Day's Change

0.24 - 0.24

Trading Volume

1,191,200


22 people like this.

22,571 comment(s). Last comment by Taibfar 6 days ago

bulldog

12,157 posts

Posted by bulldog > 2020-08-04 00:08 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 00:09 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 00:10 |

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Posted by BeastOfTheEast > 2020-08-04 01:46 | Report Abuse

yay!

Posted by BeastOfTheEast > 2020-08-04 01:46 | Report Abuse

righty ho!!

Posted by BeastOfTheEast > 2020-08-04 01:47 | Report Abuse

hip hip hooray!!!

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:03 |

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Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:08 |

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Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:13 | Report Abuse

compared 2018 vs 2020 first 6 months , averagely 2020 is more RM 100 / ton , ie ard 4 % , but compared to 2018 n 2020 monthly output is reduced by 32.3 % .. scary ..


CPO Monthly Production ( tons) :

Dec2018 = 7618
Nov2019 = 6768
Dec2019 = 6197
Jan2020 = 5023
Feb2020 = 4930
Mar2020 = no report
April2020 = 6886
May2020 = 5636
June2020 = 8482

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:14 | Report Abuse

TDM Hospitals performance?

#Refer to FY20 QR1 ended March 2020 :

Revenue Profit/ ( Loss)

Plantations 57,120,000 ( 6,502,000)

Healthcare 61,915,000 3,008,000

#FY19 QR4 ended December 2019 :

Revenue Profit/ ( Loss)

Plantations 58,754,000 5,426,000

Healthcare 65,101,000 5,770,000


Note : Profit is reduced , and a lots of court cases , one court case is instructed to deposit RM 1.0 million as to winding up case.

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:15 | Report Abuse

TDM , let’s see the latest 5 years results:

FY15 : revenue = 381 million , profit = 74.3 million

FY16 : revenue = 429 million , profit = 21.5 million

FY17 : revenue = 449 million , profit = 22.7 million

FY18 : revenue = 405 million , Loss = - 76.4 million

FY19 : revenue = 432 million , Loss = -79.6 million

>> FY20 (1Q ended March) : revenue = 107 million, Loss = -8.28 million

compared to FY19 (1Q) : revenue: 104.7 million , Loss = -4.91 million


## Referred to FY19 audited annual report:


Independent Auditors remarks :

>>EMPHASIS OF MATTER
We draw your attention to Note 42 to the financial statements where various significant and material misstatements have been adjusted
retrospectively in the 2018 financial statements. These errors have affected the financial position, results and the relevant disclosures of the prior
years. Our opinion is not modified with respect to this matter.

>> Loans and Borrowings to be Maturity in year 2020 , total = RM 80,632,000

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:16 | Report Abuse

## 2020 monthly average CPO output per acre :

WTK : 1 acre output = 0.0684 ton

MHC : 1 acre output = 0.209 ton

TDM : 1 acre output = 0.0581 ton
( if add Indonesia 26,506 acres )

become 1 acre output = 0.0433 ton


Jtiasa :

CPO output: May 2020 = 12,225 ton

oil palm plantations = 69,030 hectare
= 170,573 acre

1 acre output = 0.0717 ton

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:17 |

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Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 02:19 | Report Abuse

Referred to FY20 (1Q ) :

a) Financial assets

Trade and other receivables 55,365,000

Cash and bank balances 103,997,000

Assets of disposal ( Indonesia Plantations)
183,934,000

total = 343,296,000

b) Financial liabilities

Loans and borrowings 461,557,000

Trade and other payables 185,004,000

Lease liabilities 57,300,000

total = 703,861,000


a) - b ) = ( 360,565,000 )



Assets of disposal ( Indonesia Plantations)
183,934,000 is not done yet as in payments finalisation .

Update : Bank announcement withdrawal on 3/8/2020.

>> Therefore net of a) - b) = ( 544,499,000 )

High Risk ...

Referred to FY20 (1Q ) :

Cash and bank balances 103,997,000

Note : include overdraft, restricted cash .

Referred to FY19 audited annual report:

Cash and cash equivalents = 54,577,000

Note : exclude overdraft, restricted cash .

Total expenses = 171,583,000

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-04 04:07 | Report Abuse

Mikecyc you are a sad sad child,pity your mom

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 05:21 |

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Posted by Lee Rubber > 2020-08-04 08:38 | Report Abuse

From The Edge....

KUALA LUMPUR (Aug 3): TDM Bhd announced today that the deal to sell two loss-making subsidiaries for US$50 million (about RM210.3 million) to an Indonesian company has fallen through, despite multiple extensions given to the buyer to effect the deal, with the last until July 31.

"After due consideration that the execution deadline had been extended several times since the acceptance by the board of the offer from PT Aragon [Agro Pratama] on Feb 28, 2020, coupled with the uncertainties posed by the global pandemic of Covid-19 that affected PT Aragon in finalising the CSPA, on behalf of the board, RHB Investment Bank wishes to announce that on Aug 3, 2020, the board has decided to withdraw the said acceptance of the offer, which expired on July 31, 2020," TDM said in a stock exchange filing.

"Notwithstanding the above, the management is committed to disposing of the said assets and will continue to identify appropriate buyer(s) and follow up with necessary announcements when there is further development," it added.

Prior to this, the deal's final date had been postponed from March 13 to April 3, April 30 and to May 29.

TDM first announced the offer for its 93.75%-owned PT Rafi Kamajaya Abadi (RKA) and 95%-owned PTA Sawit Rezki Abadi (SRA) on Feb 28.

RKA owns 37,208ha of plantation land in Kabupaten Melawi in West Kalimantan. It also has a palm oil mill with a 60-tonne-per-hour capacity, and four crude palm oil storage facilities with a capacity of 120,000 tonnes. SRA, meanwhile, owns 10,000ha of plantation land.

Both RKA and SRA have been loss-making for the past three financial years ended Dec 31 2016, 2017 and 2018.

TDM shares finished 2.08% or half a sen lower at 23.5 sen today, giving it a market capitalisation of RM404.88 million. It saw 12.18 million shares done.

Posted by Lee Rubber > 2020-08-04 08:39 | Report Abuse

Also from The Edge.....

KUALA TERENGGANU (Aug 3): Terengganu state-owned company TDM Bhd has completed the purchase of a 70% stake in THP-YT Plantation Sdn Bhd from TH Plantations Bhd on July 31, following the fulfilment of all conditions precedent stipulated in the share purchase agreement.

Chairman Raja Datuk Idris Raja Kamarudin said with THP-YT Plantation officially becoming a TDM subsidiary on Aug 1, TDM had taken over the management and governance of the former's 2,594.5-hectare (ha) Bukit Bidong Estate in Setiu, Terengganu.

“Under our business development plan, TDM is always on the lookout for assets to be developed and which have the potential to give accretive earnings in the fields of healthcare and plantations.

“This acquisition is part of the group’s strategy to increase its average tree age profile and reduce the volatility in its earnings.

“TDM is strategically positioned to weather the challenges in a very demanding market,” he said in a statement.

TDM is paying RM7 million for the shares in THP-YT and has also agreed to the proposed settlement of the RM78.68 million inter-company advances by THP-YT to TH Plantations’ unit THP Suria Mekar Sdn Bhd.

Under the settlement agreement (SA), THP-YT, TDM and THP-YT’s other shareholder, the Terengganu Foundation (holding 30 per cent of THP-YT) will settle part of the advances amounting to RM62 million while the balance will be assigned to THP Suria Mekar for a consideration of RM1.

In a filing with Bursa Malaysia today, TDM said the SA would be completed at a later date and an announcement would be made accordingly.

Of the 2,594.5 ha owned by THP-YT, 2,307 ha have been planted with oil palm.

Hence the acquisition would increase TDM's total cultivated area in Terengganu from 31,346 ha to 33,653 ha, said Raja Idris.

"The oil palm plantation, with an age profile of two to nine years, will enhance the tree age profile of TDM's overall plantated area favourably. This is also part of the plan to increase the plantation area in Terengganu.

"The THP-YT plantation is located near the Sungai Tong refinery. Therefore, this acquisition is expected to optimise the capacity and efficiency of the processing of fresh fruit bunches (FFB) and lower the processing cost at the refinery.

"TDM is confident that the strategic value derived from this acquisition will translate into operational efficiency which will yield long-term profits,” he said.

TDM’s wholly owned subsidiary, TDM Plantation Sdn Bhd, obtained the Roundtable on Sustainable Palm Oil (RSPO) and Malaysian Sustainable Palm Oil (MSPO) certifications in 2013 and was the maiden plantation company in Terengganu to obtain the RSPO accreditation.

Established in 1965, TDM is listed on the Main Board of Bursa Malaysia with core businesses in plantation and healthcare.

Through its plantation division, it manages 16 oil palm estates and three palm oil mills in Terengganu and West Kalimantan, Indonesia.

Meanwhile, its healthcare division under Kumpulan Medic Iman Sdn Bhd manages four specialist hospitals, which offer affordable healthcare services.

The four hospitals are Kelana Jaya Medical Centre in Selangor; Kuantan Medical Centre in Pahang; Kuala Terengganu Specialist Hospital and TDMC Hospital in Kuala Lumpur.

chopstick

642 posts

Posted by chopstick > 2020-08-04 08:51 | Report Abuse

TDM tak da masa mau goreng ,la,

Mabel

24,171 posts

Posted by Mabel > 2020-08-04 09:50 | Report Abuse

Meow Meow Meow

bulldog

12,157 posts

Posted by bulldog > 2020-08-04 09:57 |

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Mabel

24,171 posts

Posted by Mabel > 2020-08-04 10:26 | Report Abuse

+FortuneBlooming yes mabel
03/08/2020 11:22 PM

+FortuneBlooming we just keep on marching onward with our own strategy
03/08/2020 11:25 PM

+FortuneBlooming no need to layan any of them jealous envious sore arse sour grape non-stop bittching whining griping whingeing chickenshhit devouring stray mongrels

they cannot make any tree fall no matter how hard they try
03/08/2020 11:28 PM

Meow Fortune... Agreed!

Comparing MHC with TDM is like comparing Mickey Mouse and Florence Nightingale...

One still living in Fantasy while the other one light up the candle just like Mother Theresa..

Meow

Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 10:37 |

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Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 10:38 |

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Mikecyc

46,690 posts

Posted by Mikecyc > 2020-08-04 10:39 | Report Abuse

really laugh live me ... wakakaka

Posted by Miz Raya Bloom > 2020-08-04 11:22 |

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Mabel

24,171 posts

Posted by Mabel > 2020-08-04 11:50 | Report Abuse

TDM is very green today...
MHC is very RED today....

Comparing MHC with TDM is like comparing Mickey Mouse and Florence Nightingale...

One still living in Fantasy while the other one light up the candle just like Mother Theresa..

Meow

Posted by GoldenHarvest1 > 2020-08-04 14:36 | Report Abuse

still holding

Posted by GoldenHarvest1 > 2020-08-04 14:36 | Report Abuse

still sustaining

Posted by GoldenHarvest1 > 2020-08-04 14:36 | Report Abuse

very good

bulldog

12,157 posts

Posted by bulldog > 2020-08-04 14:54 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 14:55 |

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tuapuikia

2,346 posts

Posted by tuapuikia > 2020-08-04 14:55 | Report Abuse

join the party too ha

williamtkb

3,216 posts

Posted by williamtkb > 2020-08-04 14:58 | Report Abuse

30cents coming. Huat ar

Posted by GoldenHarvest1 > 2020-08-04 15:05 | Report Abuse

uptrend resuming again

Posted by GoldenHarvest1 > 2020-08-04 15:07 | Report Abuse

no need to layan any of them non-stop sore arse sour grape bittching whining griping whingeing boolshhiting chickenshhit eating stray mongrels

Posted by GoldenHarvest1 > 2020-08-04 15:08 | Report Abuse

you layan them you only lose you do not win

Posted by GoldenHarvest1 > 2020-08-04 15:10 | Report Abuse

and they cannot make any tree fall with their relentless bittching barking at all no matter how hard they try

bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:36 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:42 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:42 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:42 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:43 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:43 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 15:55 |

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Mabel

24,171 posts

Posted by Mabel > 2020-08-04 16:09 | Report Abuse

Wah ...So nice and lovely....

TDM is so green today...

Bunga TDM mula harum semerbak
Bagai Bidadari yang sungguh cantik
Promoter MHC nampak betul tak cerdik
Salah pilih Bunga yang tak berputik

Well done to all TDM Supporters!

Meow Meow Meow

bulldog

12,157 posts

Posted by bulldog > 2020-08-04 16:22 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 16:24 |

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bulldog

12,157 posts

Posted by bulldog > 2020-08-04 16:26 |

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