Posted by Albukhary > 2024-03-26 15:27 | Report Abuse

TDM is back on track, heading to its Wawasan 2030.

Below is quote by TDM's chairman before :-

"Under the group's transformation model, TDM hopes to attain a market capitalisation of RM2bil, RM100mil in annual dividend and RM1bil in revenue".

Posted by old boy > 2024-03-26 20:14 | Report Abuse

Hi Albukhary, can you share the link where the statement from?

Posted by arif42 > 2024-03-29 12:33 | Report Abuse

kepala sawit

Posted by Superb99 > 2024-04-01 00:21 | Report Abuse

Price like stuck below 0.3

Posted by Albukhary > 2024-04-01 00:48 | Report Abuse

As long as the market maintain its stability (no big bad news or political change), I strongly believe that TDM will marching across 30sen and heading to 35sen. Reason being:-

1) TDM have been undervalue for many years
2) The Indonesia bad news have been passed, whatever losses have been recognised, and the Indonesia subsidiary have been sold (I believe the disposal can be completed within this year, so all the legal issue will be no longer related to TDM)
3) Its healthcare business is really doing good, and it will be doing even better in 2024. I believe the Healthcare business can generate minimum EBITA of RM50mil per year.
4) CPO price will be continue at above RM3700 level, so TDM plantation unit will not facing losses anymore, and it could be generate RM30-40mil per annum.

In overall, I estimate RM70mil PAT for Year 2024 (approximately RM15-20mil per quarter), and EPS will be minimum 4 sen per quarter.

Based on minimum 10 times PE, TDM should be at least worth 40sen.

This 40sen Target Price sure can be achieve if TDM continuous posted PAT above RM15mil++ for Q1 and Q2 2024.

Posted by Albukhary > 2024-04-02 14:13 | Report Abuse

KUALA TERENGGANU: Plantation and healthcare group TDM Bhd has invested RM29.1mil in two new hospitals this year.

Executive director Najman Kamaruddin said the healthcare sector contributes about 50% to the group’s overall profits and the two new hospitals are expected to increase the profits considerably.

“An investment of RM14.1mil is allocated for the construction of the 100-bed KMI Chukai Medical Centre in Kemaman, while Razif Hospital, in Klang, Selangor, involves an investment of RM15mil for the takeover process.

“Both of these hospitals will be managed by TDM’s subsidiary Kumpulan Medic Iman Sdn Bhd,” he said at a press conference.

Posted by Albukhary > 2024-04-02 14:15 | Report Abuse

TDM Bhd embarks on its five-year plan to become one of the top 100 companies listed on Bursa Malaysia, it intends to invest up to RM1 billion to expand its plantation and healthcare businesses.

Posted by lck1300 > 2024-04-02 18:08 | Report Abuse

let big player collect , we just wait

Posted by lck1300 > 2024-04-04 10:59 | Report Abuse

2nd wave coming ,

Posted by Albukhary > 2024-04-04 11:00 | Report Abuse

我曾经跨过山和大海
也穿过人山人海
我曾经拥有着的一切
转眼都飘散如烟
我曾经失落失望
失掉所有方向
直到看见TDM
才是唯一的答案

Posted by lck1300 > 2024-04-04 12:10 | Report Abuse

See how high can it go for 2nd wave , will hold tight my ticket

Posted by see2sea > 2024-04-04 12:34 | Report Abuse

TDM, one of my favourite

Posted by Albukhary > 2024-04-04 12:43 | Report Abuse

When a counter hit 52week high, then 3 year high. then 5 year high..
It will shoot all the way to the sky, because there is no resistant anymore.
All the shareholder are making money, there is no one still holding the share with paper loss.

Posted by Albukhary > 2024-04-04 12:45 | Report Abuse

Not sure there will be any privatisation or not... If yes, please offer fair price based on the company actual value. Any price below 50sen will not be accepted.

Posted by majuJayaInsyaAllah > 2024-04-04 13:20 | Report Abuse

fly high TDM. the future is bright with steady palm oil price and expansion of healthcare biz.

Posted by x_abe81 > 2024-04-04 14:11 | Report Abuse

Whats TDM share target price yeah considering the expansion /transformation plan?

Posted by Albukhary > 2024-04-04 14:28 | Report Abuse

Without any expansion plan, and assume market economy sentiment is not good, TDM should worth 40sen.
Without any expansion plan, and assume market economy sentiment is good, TDM should worth 50sen.
With the expansion plan, or sub listing of its medical unit, and assume market economy sentiment is good, TDM should worth 70sen.

Posted by Albukhary > 2024-04-04 23:20 | Report Abuse

TDM could be the leader (Dragon Head) for this round of Plantation Counter.

Posted by speakup > 2024-04-05 07:48 | Report Abuse

aduh! missed this one ☹

Posted by Albukhary > 2024-04-05 12:01 | Report Abuse

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-04-05-story-h-184636677-Sudden_Spike_in_Buying_Interest_Lifts_TDM_to_Three_year_High_in_Active_

Posted by shiby > 2024-04-05 15:13 | Report Abuse

Double up from cost.i will continue holding

Posted by Albukhary > 2024-04-05 18:04 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436793

Posted by Albukhary > 2024-04-05 18:05 | Report Abuse

Smart move... TDM announce self clarification before Bursa issue UMA Query.
So this can avoid UMA query.. Let TDM rest for few days, then continue to shoot up to next level.
Perhaps 70sen? Haha...

Posted by smartly > 2024-04-05 18:24 | Report Abuse

70sen ? possible.

Posted by KingKKK > 2024-04-07 10:14 | Report Abuse

TDM is undervalued at 7.3x FY24 PE.

Compare this to Healthcare PE:
IHH: 17x
KPJ: 28x

And plantation stocks PE:
TSH: 15x
TH Plantation: 20x
Kretam: 13x
KimLoong: 14x

I assume TDM can generate 4.4 sen EPS in 2024.

In Q4 2023, TDM EPS for continuing operation is 1.1 sen.

Posted by KingKKK > 2024-04-07 10:42 | Report Abuse

TDM intrinsic value is 60sen.

This is calculated by multiplying 13.6x PE with FY24 EPS of 4.4 sen.

13.6x PE is at 40% discount against average healthcare stocks PE in Malaysia.
It is also at 20% discount against plantation stocks average PE of 17x. Lower PE due to lower marker cap.

Overtime TDM PE should be higher than this as its earnings become more concentrated to healthcare.

In FY2023, healthcare earnings (PBT) is RM31m vs plantation RM14m.

Healthcare contributed 69% of 2023 earnings. This is much higher than 2022 healthcare contribution of 22%.

Posted by loonisback > 2024-04-08 16:28 | Report Abuse

game over? nice timing to run?

Posted by Albukhary > 2024-04-08 16:56 | Report Abuse

For today is game over d.
Tomorrow will be a fresh new start.
Gambateh

Posted by 3101575000 > 2024-04-11 12:29 | Report Abuse

I still hold. Looking forward for better profit.

Posted by Michael Kwok > 2024-04-11 18:20 | Report Abuse

Stock to caution
Sell call tdm 29 cents.
Usually in this time of situation will go below 25 cents,stay for a while.
11/4/24 6.23pm

Posted by Albukhary > 2024-04-11 22:42 | Report Abuse

I am not good at Technical Analysis, so I am not sure whether it will go down to 25sen.
But I am a fundamental guy.. I see value in TDM, and its value compare to its share price now, TDM is a very good buy. As a fundamental guy, I notice that for the past 3 months, more n more hidden gem with good fundamental have been buy up, and their share price never come down after go up.
With less and lesser good fundamental stock with low share price, I believe TDM will be in the radar for many investor, and its share price should be continue to go up.

Posted by 3101575000 > 2024-04-12 14:02 | Report Abuse

If go down I’ll buy more to keep

Posted by AlphaInvestor > 2024-04-15 15:16 | Report Abuse

The stock is trading at Moving Average 20 support of 28 sen. This is a good entry level.

Historically, share price rebounded every time it drop to Moving Average 20 on the following date:
i) 16-Feb-2024
ii) 27-Feb-2024
iii) 21-March-2024
iv) 3-April-2024

Posted by Albukhary > 2024-04-15 15:19 | Report Abuse

Yup, it drop because of market fear of war.
If no war, by right TDM has cross 32sen today

Posted by AlphaInvestor > 2024-04-15 15:42 | Report Abuse

Actually TDM indirectly benefit from war.

As crude oil price goes up, CPO price will follow because it can be converted into biodiesel

Healthcare business not affected since Middle East is too far away.

Posted by loonisback > 2024-04-15 16:37 | Report Abuse

ggwp, push to 0.25 plz

Posted by Albukhary > 2024-04-16 11:55 | Report Abuse

Banyak sakit...
My TDM portfolio unrealised gain drop a lot this two days.
Luckily I can hold... but feel sorry for many punter that playing contra.

Posted by fusing79 > 2024-04-18 22:28 | Report Abuse

in dilemma as the stock has break 30 days MA for 3 days

Posted by Dehcomic01 > 2024-04-25 11:22 | Report Abuse

TDM – a wrong plantation bet
I originally viewed TDM as a plantation Group with a healthcare arm. About 17 years ago, the healthcare segment only accounted for about 16% of the Group revenue. The Group plantation operations then was mainly in Malaysia and this accounted for a large part of the Group’s revenue.
The Group decided to expand it plantations segment by venturing to Indonesia. It took several years to get this going such that the maiden revenue from the Indonesian plantation was only in 2013. By then the Group had “..earmarked that the growth of the plantation operations will be in Kalimantan.”
But things began to go wrong with the lndonesian operation soon after. The losses and impairments got so bad that the Group announced its plans to sell the Indonesian assets in 2019. By 2023 it was still trying to complete the sale of its Indonesian assets.
If not for the healthcare segment, which had grown to account for 56 % of the Group’s revenue in 2023, TDM would be in a worse shape.
Moral of the story? Beware of companies announcing expanding into foreign countries as the Malaysian experience may not always be transferable.
Given the poor plantation segment performance, the market took a dim view of the company despite a growing healthcare segment. I guess the market is still waiting for TDM to prove that it can recover from the Indonesian lesson.
https://www.youtube.com/watch?v=Ytqj_er30X4

Posted by ProtocolSix > 2024-05-08 00:56 | Report Abuse

Fundamental analysis:
Net income QoQ +225%
Net income YoY +289%

That's really impressive.

As for Technical Analysis:
1. Base formation at 0.245-0.260 for past 6-8 days, with volume drying up. A good sign for me because volume depletion is signalling that the sellers are getting tired.

2. ATR% multiple from MA is barely 0. This is a signal that price is settling at the bottom where the support is.

3. RS rating 90 - say no more. Beautiful as it is.

4. Shares float at 30%. The lower the %, the easier the price can be pushed up with a surge of volume.

Overall, I look forward to an upside for TDM Berhad. But always think in probability and manage your risks wisely cause nobody is going to save you.

Posted by ProtocolSix > 2024-05-08 11:33 | Report Abuse

*Net income QoQ +125%

Posted by 3101575000 > 2024-05-20 18:22 | Report Abuse

Bought today @0.245

Posted by ybss99 > 2024-05-23 15:18 | Report Abuse

Guys, what do you think of the Indonesia lawsuit?

Posted by FortuneBlooming > 2024-05-26 01:59 | Report Abuse

Albukhary:
"For today is game over d.
Tomorrow will be a fresh new start.
Gambateh"

gambakopi got or not aah

Posted by FortuneBlooming > 2024-05-27 12:23 | Report Abuse

somebody said got bull coming, betul gah

Posted by Albukhary > 2024-05-27 12:33 | Report Abuse

Yup Yup, TDM bull will be coming.

RM0.35 is not a dream.. TDM will be revenge to test All Time High.

Posted by Albukhary > 2024-05-27 14:02 | Report Abuse

YoY has improved, but still loss making.
Normally, TDM always loss making in Q1, maybe due to the seasonal factor (low yield).
But Q2 should be a very good start, as the April 2024 monthly production report has shown a significant improvement in FFB , Crude Palm Oil and Palm Kernel.
If this April result can be repeated in May & June, then Q2 result will be super good.

Few catalyst to be expected on TDM:-
1) Completion of the divestment of the Indonesia unit
2) Listing of its Healthcare Unit
3) More land or plantation estate to be allocated by Terengganu Government

Posted by FortuneBlooming > 2024-05-27 14:31 | Report Abuse

very good lor

Posted by FortuneBlooming > 2024-05-27 14:44 | Report Abuse

can buy for long keeping lor

Posted by 3101575000 > 2024-05-27 14:50 | Report Abuse

Alamak no eye see