"Tsh lands in Bongan book value Rm4,500 per acre Current asking price Rm4.2 millions an acre" Area of land for sale = 8,284,600 sqm or 828.46 hectares or around 2,000 acres Asking price = 85 billion IDR or around RM25 million. Cannon Tan, how did you arrive at RM4.2 million per acre?
"Listen carefully Palm oil a pillar of growth" Cannon Tan, palm oil can't be a pillar of growth when it constitutes less than 5% of Malaysia's total exports. Don't be over optimistic, Western countries are boycotting palm oil.
TSH is the most asset rich plantation company in the world. It has 100,000 acres of land in Nusantara with each acre commanding a price of RM4.2 million (as claimed by Cannon Tan). Just imagine how much it is worth.
"Bplant was 57 sen Now taken private at Rm1.55 So we buy and hold TSH" Cannon Tan, so you buy TSH and dream for it to be taken private at RM12 a share. Have you heard of a Chinese proverb called "守株待兔“?
Since every stock got it up and down, i believe this TSH will have it peak time. However, it has passed it ATH in 2022. So u can wait may be another 10 years, something happen and it will go to its ATH again. So wait patiently ya. U'll never know when. Hahahahahahahahahahahahahah
Bplant was 57 sen in year 2022. It went up to Rm1.20 peak in year 2022 Then it went down again to 60 sen Then? Then Ltat took Bplant private at Rm1.55 in 2023:(surpassed its peak in 2022)
Everytime TSH go higher Selling pressure get lesser. TSH PE so high not many retailer will buy. As lesser and lesser retailer buying TSH so where is the selling pressure ? When it pass 1.30 it will go to 160 to test resistance as no more strong resistance in between.
He also claimed in 2022 that TSH will reach the Nestle beating price of RM150 ultimately. That will give TSH a market cap of RM207 b compared to Maybank's current Rm122 b and Nestle's RM28 b. That guy's rantings is way off the charts. He should be locked up for his own good.
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
56,242 posts
Posted by calvintaneng > 2 months ago | Report Abuse
Tsh lands in Bongan book value Rm4,500 per acre
Current asking price
Rm4.2 millions an acre
https://www.rumah123.com/en/sale/kutai-barat/bongan/land/