TSH RESOURCES BHD

KLSE (MYR): TSH (9059)

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Last Price

1.16

Today's Change

-0.02 (1.69%)

Day's Change

1.17 - 1.19

Trading Volume

1,460,900


15 people like this.

26,991 comment(s). Last comment by titan3322 7 hours ago

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:17 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 09:21 | Report Abuse

These are the correct and honest truths ..

1. Tsh has improved it's balance sheet by an impressive reduction of loans to Rm500 millions plus an equally impressive increase in cash to Rm360 millions

debt less cash is only a mere Rm140 millions

Tsh has investments

In associate Rm78 millions
in joint venture Rm112 mil
investment shares Rm55 mil

total investment Rm245 millions

Investment less balance loan Rm140 mil

Surplus Rm105 millions

plus yet to come
another Rm230 millions from Bulugan land 1/3 to be received

Profit expected is 10 sen not including normal operation

Tsh just declared an excellent 8 sen dividend

With net cash position Tsh can certainly declare more and more good dividends

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:23 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:24 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:25 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 09:32 | Report Abuse

Refer latest balance sheet of Tsh

Total comprehensive income
Rm348 millions

if we look at previous qtr balance sheet without asset disposal gain

pax (profit after tax) is already Rm57 millions

From now Tsh yearly profit (with no more high loan or high interest payment ) can easily generate Rm300 mil to Rm400 mil profit

Just like Inno being debt free can give out generous dividends Tsh can also give out handsome dividends to shareholders

8 sen dividend from Tsh by Dec 7(ex date) is only the appetizer

more and more will be given

So we hold with Chairman Kelvin Tan who is buying non stop

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:42 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:43 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 09:52 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 09:59 | Report Abuse

Talk is one thing

These are the figures

This qtr Tsh profit is 18.72 sen
Last qtr profit was 4.15

Total just these two qtrs profit

18.72 + 4.25

= 22.87 sen

At Rm1.11 Tsh P/E is only 4.85

We have only taken 2 qtrs profit
If we include all 4 qtrs then P/E will fall to only 3

Tsh is now a fast growth stock

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 10:04 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 10:57 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 11:07 | Report Abuse

Shameless liar is the mickey mouse

Texchem was 50 sen and Mickey opposed by all fake spam

Texchem went limit up

And still up today more than 500% to Rm2.44

Check this out

All go see Texchem forum will know the truth

For Tsh the truth is already clear as crystal

In principle Tsh is debt free with surplus of Rm105 millions with another Rm230 millions cash on the way

And now a nice 8 sen dividend all will receive if buy before 7th Dec 2022

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:11 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 11:16 | Report Abuse

Cruise ship?

Photos shared happily with Eagle Group 250 members

All rejoicing except Tikus not in Eagle Group

Why so jealous ?

Better buy good shares then you will earn some money to go join Cruise Ship


Now start with Tsh as it is giving a very nice 8 sen dividend

OneOracle

543 posts

Posted by OneOracle > 2022-11-28 11:17 | Report Abuse

Sifu said

If soybean oil goes usd1.00 in future.What price will cpo be then?
Still think cpo price will be back to 2 to 3k? Once its in 4k range imeans  structural shift had happened. 4k to 8k is the playground now. Easy average 10 to 15% dividend yield for palm oil stock from 2023 on until big fund start buy up until it drop to 5% ie stock price need double at least.

https://www.agweb.com/markets/grain-markets/how-will-surge-bio-based-fuels-impact-grain-demand

“You’ll probably run out of feedstocks by 2025 for Renewable diesel — that’s a problem,” says Pete Meyer, head of grain and oilseed analytics, S&P Global Platts.

By then 70% of the feedstock will have to come from vegetable oil — from soybeans, canola or even camelina.

“As this market develops, I’m guessing many will wish those were reversed,” Basse says. “Meal could become a byproduct that really drags down the price of soybeans. While at the same point, soybean oil could go to crazy levels like 90 cents or $1.”

While the impact of bio-based fuels could be similar in impact to ethanol, the comparison stops there, Flory says. 

“Additional demand for vegetable oil is kind of off the charts,” he says. “It’s not like 2005-06 with ethanol — that market was developing on a mandate. Renewable diesel and SAF are developing on actual demand.”

How will these impacts be felt at the farmgate?

“Better bean prices and better basis prices for those near crush plants,” Nicholson says.

Flory agrees: “Soybeans from the 2023 crop will be in much higher demand to feed new capacity and the 2024 soybean crop will be expected to supply roughly 400 million bushels of crush capacity. All this means one thing – soybeans will be bidding more aggressive for acres in the U.S. in the next three years to feed crush expansion. Longer-term, demand for even more fuel feed stock will keep soybeans bidding for acres. This could be the rising tide that will lift all boats.”

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:18 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 11:18 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:20 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:22 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 11:24 | Report Abuse

Dividend never lie

Tsh is giving 8 sen dividend

At Rm1.11 with 8 sen dividend is 7.2% yield and that is more than 2x (times) bank FD at only 2.75% for one year

From now Tsh only declared an interim dividend of 8 sen

That means more interim or final dividend might come

So we have a stock with better prospect than Bank Fd

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:25 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 11:26 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 11:35 | Report Abuse

Hahaha

Nobody ask to see Cruise Ship ticket like Tikus

All can see the photos and video on Cruise ships.

Only Tikus brain with small mind ask to see ticket

No wonder so poor no money invest in Tsh but can only buy some few very cheap penny stocks

Better upgrade yourself and get Tsh now

Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 12:16 |

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Mikecyc

46,663 posts

Posted by Mikecyc > 2022-11-28 12:19 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 12:41 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 13:23 | Report Abuse

SOYOIL USED BY GOODYEAR TO MAKE TYRES

https://www.goodyear.com/en-US/learn/tire-technologies/soybean-oil

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 13:26 | Report Abuse

1. SOYOIL USED AS BIOFUEL

2. SOYOIL USED IN TYRES

3. NOW SOYOIL USED AS TAR ON ROADS

See

https://soybeanresearchinfo.com/research-highlight/soy-is-paving-the-way-for-better-roads/

SEE_Research

4,673 posts

Posted by SEE_Research > 2022-11-28 14:06 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:28 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:31 | Report Abuse

note this

Tsh chairman has been buying Tsh non stop

now he holds 325.7 Million shares of Tsh

holding tightly and tenaciously

no backbone Sidney Said follow him buy but turned coat

The real fickle minded inconsistent fella

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:34 | Report Abuse

Now listen

Warren Buffet said three things are needed in a person who wants to Buffet trust

1. intelligence
2. Energy
3. Integrity (honesty)

Sidney Oon has failed in number 3. a person who has no integrity

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:36 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:42 | Report Abuse

This is Tsh forum

should discuss Tsh

if you want to talk about others there are hundreds of other forums to go

Don't not waste the precious time of those who invest in Tsh if you are not interested

Life is too short for you unless you got no purpose in life at all

Now remember this

1. Tsh Chairman has been buying and buying and buying non stop

His 325.7 Million shares will entitle him to get over Rm26 millions in dividends

At 500,000 shares purchase a day he could buy up to Feb 2023

So he is the true

T ENACIOUS
S AMSON
H ERCULES

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 14:49 | Report Abuse

Tsh latest qtr result

loan Rm500 millions
cash Rm360 millions

loan less cash is Rm140 millions

Tsh (see balance sheet)

Investment

in Associate Rm78 millions
Tsh has 205 millions shares in Innoplant it's associate

In Joint Venture (Rm112 millions)
Tsh has 50/50 share with Wilmar in Sabah Refinery

In Investment securities Rm55 millions (Tsh now so cash rich can use surplus profits to invest )

Total Rm245 millions

Investment Rm245 mil less loan Rm140 mil

= Rm105 millions

Tsh has turned from a high debt com to because A surplus value company

more to come

A dividend of 8 sen is declared

more will come when balance cash of Rm230 mil to be received will result in another 10 sen possible dividend

SEE_Research

4,673 posts

Posted by SEE_Research > 2022-11-28 15:02 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:12 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:18 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:21 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:30 | Report Abuse

Thplant

This qtr (see balance sheet)

Loan paid off Rm538 MILLIONS

WHERE DID THPLANT GET RM538 MILLIONS TO PAY OFF LOAN?

ANSWER:

FROM FRESH SUKUK LOAN RM300 MILLIONS

FROM ITS OWN REVENUE RM238 MILIONS ( VEILED BUT EAGLE EYE CAN SEE)

NOW TOTAL LOAN OF THPLANT IS RM890 MILLIONS

CASH RM160 MILLIONS (ABOUT 12.6 SEN PER SHARE)

SO DEBT RM890 MILLUONS LESS CASH RM160 MIL = RM730 MIL DEBT

AMAZING DEBT REDUCTION BY THPLANT AS DEBT WAS RM1.3 BILLIONS NOT SO LONG

THPLANT GOT 7 ASSETS IN SARAWAK FOR SALE RM749 MILLIONS (SEE BALANCE SHEET)

IF SOLD THEN RM749 MIL LESS RM730 MIL

RM19 MIL NET CASH

AMAZING

THPLANT GOT TOTAL 240000 ACRES

LOOK AT ANNUAL REPORT OF THPLANT

SEE ASSETS

IN KEMAMAN THPLANT GOT FEW THOUSAND ACRES LAND (BOOK VALUE IS RM4K AN ACRE)

MARKET VALUE FOR MALAY RESERVE LAND THERE IS RM30K AN ACRE

NON MALAY RESERVE LAND ASKING PRICE RM50K TO RM100K AN ACRE

SO UNDERVALUE IS THPLANT

calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:35 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:41 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 15:48 | Report Abuse

Hs plant

Hs plant has no borrowing as it is full of cash

Cash per share has gone up to 60 sen per share

Just like Inno of Tsh Hs plant is cash rich

Cold Eye Fong Siling likes dividend paying co like Inno and Hsplant

Since Jtiasa has now declared a nice 2.8 sen dividend

Fong Siling is now in top number 17 of Jtiasa with 5 million Jtiasa shares

And we will not be surprised at all if future AR(annual report) both Fong Siling and Dr Neoh Soon Kean of Dynaquest also appear in Top 30 of Tsh

SEE_Research

4,673 posts

Posted by SEE_Research > 2022-11-28 17:17 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 17:42 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 17:45 | Report Abuse

And as for this Great Tsh Resources let time prove it's true worth

SEE_Research

4,673 posts

Posted by SEE_Research > 2022-11-28 18:22 |

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calvintaneng

56,561 posts

Posted by calvintaneng > 2022-11-28 18:30 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2022-11-28 19:05 |

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