Dear Friends & Investors of i3 Forum,
As usual we only recommend stocks when they are Cheap & Undemanding like now when KLSE panic sold down.
This is our Motto of Buy Low & Sell High. Not chase high & hope to sell higher which is extremely risky
Today TSH (Telling Secret Happily) was sold down after results out
People misread the lessor profit all because it was dragged down by foreign exchange, forward lock-in sale & Indonesia export levy
ALL THESE ARE TEMPORARY
THE MAIN FOCUS SHOULD BE THE BRIGHTENING PROSPECTS OF TSH ALL HAVE MISSED EXCEPT….
YES!! EXCEPT THE INSIDER/DIRECTOR WHO BOUGHT INTO TSH TODAY ON SELL DOWN
|TSH RESOURCES BERHAD|
|Subject||DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has transacted dealing in the securities of the Company as set out in Table 1 hereunder.
Mr. Tan Aik Pen bought 550,000 shares of TSH Resources for the average price of Rm1.1382
And last closing price of TSH is Rm1.08 (5.82 sen cheaper)
That means that anything below Rm1.13 is considered a good entry price
Why is it so?
See the latest News
Indonesian exports surge in April on high commodity prices
Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as they beat analysts’ expectations.
JAKARTA: Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as they beat analysts’ expectations.
The resource-rich nation’s shipments rose 51.94per cent on a yearly basis to US$18.48 billion, for their sharpest increase since 2010, outperforming a figure of 41per cent forecast in a Reuters poll.
Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as they beat analysts’ expectations
READ ONE MORE TIME IN BOLD PRINT
STRONGEST RISE IN 11 YEARS IN APRIL (2021), BOOSTED BY SURGING PRICES OF KEY COMMODITIES SUCH AS PALM OIL
What has it got to do with TSH?
OF COURSE IT DOES!!
ALL THE PALM OIL PLANTATIONS OF TSH ARE LOCATED IN INDONESIA (WHEN MALAYSIA CLOSED THE BORDER TO INDONESIANS DUE TO MCO LOCK-DOWN – TSH RESOURSE ENJOYED ABUNDANT CHEAP INDON LABOUR
SO THE WORST MONTHS OF JAN TO MARCH 2021 JUST REPORTED ARE OVER
FROM APRIL TILL NOW MAY 21ST AND ALL THE REST OF 2021 TSH WILL SEE VERY FANTASTIC PROFITS
Any other Profits?
Yes! TSH reported that Its Sale of 2 Palm Oil Estates to KLK will be concluded by 2nd Qtr of 2021. This will register Extra Profit from Land Sale PLUS Its Sale of Palm Oil, Cocoa & Lumber
According to Mr. Pang of Ecowood (Subsidiary of TSH) sale of Wood Flooring has improved both domestically & export
And ECOWOOD Export Wood Product to USA where there is a Spike Up in Lumber Prices right Now
TSH got its Wood from managing over 200,000 Acres of Forest in Sarawak which yield abundant long term certified harvest.
TSH also went into DownStream Cooking Oil Refinery in a 50/50% JV with Wilmar in Sabah
ALL THE ENGINES OF GROWTH OF TSH ARE NOW FIRING UP ON ALL CYLINDERS BY THE NEW FOUND POWER OF PALM OIL, LUMBER & PALM OIL REFINERY
No wonder that INSIDERS have been buying & buying
|Company Name||TSH RESOURCES BERHAD|
|Date Announced||20 May 2021|
TSH now Rm1.08
Target Price One Year Rm2.00
Depending on CPO & Lumber Upsurge the target price could arrive much early on its own fundamental strong earnings Upturn
Calvin Tan Research
Please avoid pump & dump mentality with inferior stocks of goreng which we do not endorse
And please buy or sell only after due diligence. In doubt please consult your remisier or Fund Manager