Indonesia B50 biodiesel by 2030. Nusantara land continue skyrocket by 2030 due to 5 more years of development and relocation of capitol. All pointing to uptrend of TSH valuation. 6 mthly chart already break out from 10 years trend. Pointing to more upside ahead. Even 7k cpo price didn't manage to reverse downtrend line of TSH in 2022. But in 2024 it did a reversal breakout. This indicated there is very strong fundamental behind supporting. Retailer can't reverse a 10 years downtrend line of a stock. Funds, epf and insiders are already secretly buying up when everyone leaving and bombasting for past few years. Just look at YTL 16 years downtrend reversal because of something fundamental changes. Never believe people saying land valua appreciation will not affect stock price. If appreciate by 20% it wont afect. 50 % may not affect. 100% may not affect. 200% people start questioning. 500% shark smell blood (privatisation happen very often here) 1000% even boss started worring .
Who is buying the land direct when you can buy the company at 90% discount. Remember land value is not reflected in P/L and B/S. Even TSH land value is at 10 billion it will still be reflected as NTA 1.5. Thats why only plantation company are being privatised for the past few years. When every analyst value plantation company using operation profit thus leading to stock price trading at discount value to NTA..
We cannot be sure of short term fluctuation But the bright future is certain for TSH .
Remember TSH sold 10% of land bank 730 million 2 years ago. meaning 100% of total land bank is already valued 7.3 billion 2 years ago. Fast forward do you think the land value should be above 10 billion now? Why is it still trading at 1.7 billion market cap?
https://en.wikipedia.org/wiki/Nusantara_(city) Read the above article fully. The development of Nusantara is ridden with hosts of problems. Cannon Tan is still so optimistic. Indonesian speed is no China speed.
Hexcap, JCY, Dufu n Notion are all speculative stocks and have all gone up by several times. Never pay dividend because they have no money to pay, not because they want to conserve their money. Investors are only gambling with their money.
I do not like to badmouth the stock. I do not like to attack anyone in I3. I just want to talk facts and figures. The plantation index was dropping all the way to about one year low. The plantation index dropped from 7,500 on 8/5/2024 to a low of 6,932 on 9/7/2024. The plantation index dropped below 20-day EMA and even 200-day SMA. Please stop recommend plantation stocks for time being, they will not perform in short term. If I am not mistaken, no broker in town is recommending plantation stocks. No point to promote plantation stocks day and night, they will not perform in short term.
YTLPower has gone up almost 4 times, KGB-WB also moves up north 360%. Please stop telling readers in I3 to swap to plantation stocks. Readers in I3 will scold you. My 2 cents comments. Good luck. Thank you.
PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield 20 May 2024 — 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 ...
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....
calvintaneng
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Posted by calvintaneng > 2 months ago | Report Abuse
One guy from Eagle Group bought 5 million Jcy shares at 35 sen
Calvin so happy for him
😀