Patiently waiting. But it would not take too long as we can see that the uptrend is still intact. this is a buy of recovery and turnaround. stay tune !
PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield By Faiqah Kamaruddin May 21, 2024 @ 11:02am
KUALA LUMPUR: Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield. The firm said it is reallocating its internal sources to other sectors.
Investors should no longer depend on any of our financial forecasts for TSH Resources in making investment decisions, nor infer any adverse opinion as a result of our decision to cease research coverage," said PublicInvest.
In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.
"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.
👉👉See my posts in TSH ..insiders n related parties keep Disposed shares .
Spend so much money in LSS4 and what jaks can show is PPE and miserable revenue of RM 5.3 million and PBT of RM 0.96 million for quarter end 31/3/2024. Will LSS4 be lose making during raining season?
Following the successful completion and achievement of commercial operations date for the 50MW solar photovoltaic project under the Large-Scale Solar (“LSS”) 4 Programme in August 2023, the Power-Energy division commenced its businessoperations of generation and delivery of renewable energy to Tenaga Nasional Berhad (“TNB”) under the Power Purchase Agreement with TNB. Revenue contribution of RM5.3 million was recognised from this division for the first quarter of 2024. With higher revenue achieved, this division achieved a profit before tax of RM0.96 million in the current quarter
jaks has no credibility. cheated people way too often. fundamentals of coal plant is bad, people every where want to replace with greener and cheaper alternatives. marginal costs of coal plants already higher than full costs of solar electricity
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
47,016 posts
Posted by Mikecyc > 2024-07-23 11:05 |
Post removed.Why?