Now with this good news Tsh will stand to reap huge benefits from its remaining lands of 13,335 acres in Kipi Tanah Kuning , Bukugan Regency
IT HAS 33000 ACRES AND ALMOST 20000 ACRES HAVE BEEN SUCCESSFULLY SOLD AND CONVERTED INDUSTRIAL LANDS.
Just like in Pengerang Mphb Capital sold lands to Petronas to build Rapid Refinery
Its remaining lands across the road still planted with palm oil has a book value of 86 sen but now that Industries are started there land prices have surged
greetings calvintaneng :-) im glad that you liked my review of you and your recommendations..... shall change ur name to mr. consistent :-) your 3 consistent priorities 1) palm oil, palm oil, palm oil 2) DC play...... JCY, Dufu, Hexcap 3) land sale..... TSH did i miss anything? happy hunting... buddy
calvin, how can you compare prime area johor (hot for DC activities) with TSH land deep in kalimantan forest where headhunters (literally) roam the forest :-) LOL.....
I was in Putrajaya year 2000 and at that time Putrajaya was carved out from forest as Sepang airport also called airport in a forest Land prices in Putrajaya is higher than kl, pj or subang jaya
Getting back a industrial land adjacent to KIPI industrial park is much better than selling it off as a palm oil land at 2020 valuation. Waiting for panic seller.
A disappointing but not unsurprising conclusion to a painfully drawn out sale after more than 2 years. Many questions remain unanswered but what is clear is that land sale in Nusantara is fraught with complications. What happens to TSH now? Future earnings and dividends growth will be anemic without land sale boosters. There are other more attractively priced plantation stocks. Time to do re-allocations.
The part sale of almost 20,000 acres in kipi Tanah Kuning in Bulugan Regency has set a new benchmark for future pricing as industrial lands for the remaining land of 13,335 acres
Now as we heard "have the cake and eat it too"
There was no such thing You can either have the cake or eat the cake"
In the advantage of Tsh it can now still harvest 22 MT of Ffb per hectare while waiting for more unlocking of land value by further development of Kipi Tanah Kuning Industrial Park
This patterns after Mphbcap's 1,800 acres palm oil lands in Pengerang's Rapid industrial park
And Thai Own of Mphbcap has offered to take Mphbcap private
So Tsh like Ijm plant is now so full of value and will be another candidate for privatisation
calvin's hero tan aik pen cannot even afford to buy 1/4 of the outstanding shrs(some on margin borrowing too) & here he's talking about privatisation! 🤣
Investors who bought into property counters such as Crescendo, SimeProp, SPSetia early in 2024 with high Johore land exposure are laughing all the way to the bank. Only a deranged Singapore nutcase will pick property in ulu Kalimantan over neighboring Johore.
If TSH is such a good counter as claimed by Calvin Tua Pao Tan, it should be trading at RM3 to RM4 a share instead of struggling at below RM1.20. It is all Tua Pao's hype.
1. Put a tariff of 10% on all nations and for China 60% tariff (tax)
All profits of exporting countries to Usa will decline due to taxation
2. He will tell US factories to shift back to US soil or face fines
3. He will encourage all to set up Factories in USA to create jobs for US citizens Knowing this ahead we should now look for Stocks which do not depend on export to the USA
So we still hold palm oil
All the more reason to hold since palm oil major buyers are from India, China, EU and Middle East
I am selling more and more others into strength and switching more and more into 🌴🌴🌴 🔥 🔥🔥
"Why Palm oil is our last bastion for safety" Not true. Exactly two years ago, TSH was trading at around RM1.10 a share. If you had bought TSH then, you would have no profit at all. If you had bought Maybank, you would have around 25% of gains, including dividends. Your gain increases to over 40% if you had bought CIMB Bank and to 50% if you had bought gold.
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 > 1 month ago | Report Abuse
Go ask Robert Kuok his opinion about palm oil
he is the most successful investor of all times from Malaysia
https://www.forbes.com/profile/robert-kuok/