Highlights
KLSE: TSH (9059)       TSH RESOURCES BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.10   -0.04 (3.51%)  1.09 - 1.14  5,446,000
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Overview

Market Cap: 1,520 Million
NOSH: 1,382 Million
Avg Volume (4 weeks):3,100,088
4 Weeks Range:1.07 - 1.17
4 Weeks Price Volatility (%):
30.00%
52 Weeks Range:0.56 - 1.52
52 Weeks Price Volatility (%):
56.25%
Average Price Target: 1.23
Price Target Upside/Downside: +0.13

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  18-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  27-Feb-2021
T4Q P/E | EY: 23.55  |  4.25%
T4Q DY | Payout %: 0.91%  |  21.38%
T4Q NAPS | P/NAPS: 1.002  |  1.10
T4Q NP Margin | ROE: 8.30%  |  4.66%

Headlines

Date Subject
12-Jan-2021 Plantation - Multi-year Low Stockpile
12-Jan-2021 TSH Resources - Sale of estates to KLK to affect FFB output growth
08-Jan-2021 Plantation - Indonesia output to rebound in 2021F
08-Jan-2021 Plantation - POTS: Neutral-bullish price undertone
05-Jan-2021 Plantation - Strong price sentiment to sustain for a while
05-Jan-2021 Stocks on Radar - TSH Resources (9059)
11-Dec-2020 Plantation - Lowest stockpile since Jun-17
07-Dec-2020 Plantation - Strong price sentiment to sustain into 1Q21
30-Nov-2020 价格产量双涨 种植公司盈利看俏
19-Nov-2020 Mplus Market Pulse - 19 Nov 2020
19-Nov-2020 TSH Resources - Riding on higher CPO price
19-Nov-2020 TSH Resources - Lifted By Stronger Palm Oil Prices
19-Nov-2020 TSH - Healthy Level of Business Debt Post Asset Disposal
19-Nov-2020 TSH Resources - Within Expectations
19-Nov-2020 TSH Resources - Boosted by higher palm product prices
19-Nov-2020 TSH Resources - Higher CPO prices offset weaker volume growth
13-Nov-2020 TSH - Banking on young age profile estates and higher CPO
11-Nov-2020 陈顺风反弹挑战RM1.18/敏源
05-Nov-2020 Plantation - 3Q20 results preview
03-Nov-2020 Daily technical highlights – (BPLANT, TSH)

Business Background

TSH Resources Bhd owns oil palm plantations, mills, and forest areas in Southeast Asia. Crude palm oil and palm kernel are extracted from the oil palm plantations. The products are transferred to a mill and processed into ready-to-sell products. Additionally, one branch of the business focuses on generating and supplying electricity from a biomass plant. The forest areas are cultivated to manufacture and trade wood products. Reforestation becomes an integral part of the process to safeguard against shortages. Furthermore, the company will manufacture, sell, and trade cocoa products. Its processing facility primarily produces cocoa butter.
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  4 people like this.
 
Investorrr 2nd half of december 2020 should start moving of free palm exports
04/12/2020 2:37 PM
Investorrr https://www.theedgemarkets.com/article/palm-oil-demand-will-be-limited-if-prices-continue-rise-%E2%80%94-analysts
04/12/2020 2:43 PM
Investorrr just imagine.last year november 2019 rally to january to above 1.59 when palm price rm3100 only..now already rm3400 to rm3500.and if export duty free extension to march 2021,price of palm touch rm4000 in january 2021 with strong economy recovery play,tsh prices should exceed rm2
04/12/2020 2:46 PM
Investorrr fcpo just breakup from triangle ,could soon touch 3500 these 2 weeks
04/12/2020 3:16 PM
Investorrr tsh is consolidating btw 1.08 to 1.10..building triangle...taking a short break getting ready to move along with cpo rally
04/12/2020 3:25 PM
Gtrade pekebun sawit menari nari
harga sawit naik meninggi
pecah $3400 harga dulu
$4000 sedang menunggu
04/12/2020 3:38 PM
hongheng7 FCPO had cup with handle pattern, it can hit 4300 by early next year!
04/12/2020 11:18 PM
Investorrr tsh already breakup just now above the upper bollinger with volume exceeding average volume the past 20 days.consider successfully break up.
07/12/2020 11:31 AM
MillionMindset Guys,


You can buy this undervalued profitable stock, the FCPO keep rising. My target price for this stock is RM1.80 and above. Cheers.

For stock tips, kindly message me at i3investor.com
07/12/2020 1:33 PM
thesteward Hold for at the very least rm1.59
08/12/2020 8:21 AM
thesteward Director kept accumulating
08/12/2020 8:21 AM
thesteward Good fundamental
08/12/2020 8:21 AM
Investorrr tsh's price would stay between middle and upper bollinger for the a few weeks along will cpo price rally towards january
09/12/2020 9:35 AM
amateurJR This one ok leh. Today join in play play.
10/12/2020 4:56 PM
greenland EPF sell a lot today..
10/12/2020 8:21 PM
Investorrr https://www.theedgemarkets.com/article/cpo-futures-end-higher-lower-inventory
10/12/2020 9:33 PM
Plantermen TSH most investor overlook
11/12/2020 8:58 AM
ShareNews Waiting the completion of land sales to KLK. Big boss keep accumulate the share.
11/12/2020 1:11 PM
thesteward I like this palm stock
11/12/2020 3:06 PM
LuckyG sold all. thanks. good luck guys
11/12/2020 4:02 PM
Investorrr managed to sold all today too.good luck everyone.
11/12/2020 11:15 PM
Investorrr tp at rm1.29
11/12/2020 11:17 PM
Investorrr overlook stock even cpo break 3600
11/12/2020 11:19 PM
greenland Price of Crude Oil is on the uptrend, shortage of soybean and corn making prices going up. Prices of soy biodiesel is also on the uptrend.
Indonesian government adamant in implementing B40 in 2021.
After CNY in Feb, Hari Raya in May...
Covid cases in India has dropped from 97,000 per day to just 30,000 today. With the largest consumer India opening up, the demand will definitely pick up further. Jan-Oct 2019 total imports from India of malaysian palm oil 4,000,000 tons while Jan-Oct 2020 total imports malaysian palm oil is 2,000,000 tons . Its only half year on year. The situation in India is very desperate and that is why the Indian government urgently reduced their import duty 10%...
Current Soy oil at USD 200 per ton higher than palm oil, other oils such as sunflower seed oil and canola is too expensive.

US and Brazillian upcoming soybean production in January harvest has been sold to China. Urgent need from China as feedstock to revive the pork industry as millions of pigs were culled last year due to African Swine flu.

Already experts are predicting CPO to hit 4300... looking at current 3700 , I wont be surprised if it hits 4000. With production cost at RM1700 per ton, I expect the next TSH quarter result to show at least RM 80mio in profit. Why? Usually, commodities are sold forward. As such the preceding quarter ending September 2020 was mainly sold much earlier at around RM 2500-2800. However, Oct-Dec prices contracted are RM 2700-3200..average should be higher BUT the astronomic profit will be for 2021 Q1 and Q2.. Prices of contracts for the shipments in this period should be between 3300 onwards.
With LaLina effect, the palm trees will suffer lower yields for a while.. in fact it is nature's way of repairing..
The last peak in CPO in 2013/2014 is nothing compared to the current shortage.Malaysian and Indonesia stocks are getting lower month on month...while the demand is increasing exponentially month on month.
Everyone talks about V shaped recovery.. commodities will be the first to rebound usually because they are what the factories would need to start production.
Those who have missed the Glove boom, this might be our golden chance. Unlike gloves, palm oil dont mature till 3-4 years.. no way to increase production unless you have upcoming maturing plants..which TSH, JTIASA is adding more and more matured acreage each year...

I am no analyst of any Investment banks but if I was, I would be picking up the stocks before I publish any recommendation.
12/12/2020 9:25 PM
Plantermen With vaccines available, economy will rebound in V shape recovery
14/12/2020 8:58 AM
Plantermen Sunflower or corn oil not a viable substitute for palm oil. With Indonesia going for B40 exports of palm oil will be severely impacted. Bad weather and seasonal low crop { Dec - Mar} is a perfect storm for price hike. Strictly my own view & personal take
14/12/2020 9:03 AM
Mabel Palm oil has a 5 year cycle of long term trends of bull and bears .

2009-2014 uptrend bull run
2014-2019 bears
2020- 2025 uptrend super bull run starts.

Farewell Mr Bear, the Bull is taking over…

Meow Meow Meow
16/12/2020 1:36 PM
Mabel Pekebun sawit sedang menari

Harga sawit naik lagi

Harga RM 3700 mencecah kembali

RM 4000 confirm tak lama lagi

Meow Meow Meow
16/12/2020 1:40 PM
tamizy big volume today...
18/12/2020 10:22 AM
ShareNews Hold Hold Hold...
21/12/2020 1:57 PM
DonWorryBeHappy Was eyeing this counter kedekut 1c no get queue now up already sighhh
24/12/2020 7:13 PM
Tang Khangseng The MONTHLY PRODUCTION FIGURES for TSH obtained in MalaysiaStock.Biz is only taking for Malaysia operation, anyone have any idea where to get the complete picture? As majority of the revenue/profit of the company are generated from Indonesia operation, it is important also to see this part...
26/12/2020 5:54 PM
kahhoeng https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=GA%2CGACO&sub_type=GA17&company=9059&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=

The Nov '20 production is not good at all, falling 30%, pretty much offsetting the gain the crude palm oil price.
27/12/2020 8:51 PM
okdoke tsh sold off their Indonesian land ie Kalimantan ~ any investor here can confirm this news? thanks
28/12/2020 10:57 AM
DonWorryBeHappy I just enter leh , 1.14, good news or bad news ah?
28/12/2020 12:31 PM
Investorrr production low
28/12/2020 3:42 PM
johoran boss keep collect...
28/12/2020 5:53 PM
kahhoeng https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107792

We refer to our announcement dated 26 August 2020. Unless otherwise defined, the definitions set out in the previous announcement shall have the same meanings in this announcement.

TSH wishes to announce that the parties to the CSPAs had on 25 November 2020, vide letters of extension agreed that the prescribed period for the fulfilment and/or satisfaction of the conditions precedent under the CSPAs be extended from 4 months to 6 months from the date of the CSPAs and such other further extension as the parties may agree in writing.

This announcement is dated 25 November 2020.
28/12/2020 8:42 PM
Plantermen Director { Tan Aik Pen} slowly accumulating. TSH maybe ripe for a takeove bid. Tan Aik Pen only hold app 14% with related friendly parties another 5%. Relative small percentage with current bull run in palm prices { potential for other planter's or hedge funds making a bid}
29/12/2020 7:00 PM
Jonathan Keung EPF disposed 7 million shares in December thru external fund managers { various block of shares } taken up by other different unnamed parties } interesting ?
30/12/2020 2:57 PM
Letsfly its 3960 cpo now... :)
05/01/2021 4:45 PM
taihai why i buy TSH at $ 1.13 >???
july aug sep oct nov dec
crude palm oil production(mt) 7.7 7.5 8.2 8.3 7 ?
palm kernel 2.2 2 2.2 2.2 1.9 ?

cpo price ( av.) 2340 2750 2850 2950 3330 3500
08/01/2021 11:52 PM
taihai july is 7.7 and 2.2 MT at 2340
nov is 7.0 and 1.9 MT at 3300
dec is ? and ? at 3500+
08/01/2021 11:56 PM
taihai q3 cpo average prive is $ 2640 q4 average is $ 3250 . up 22% more
09/01/2021 12:02 AM
taihai ( that is cpo future price )
09/01/2021 6:20 AM
taihai 2021 jan cpo price $ 3830 up 17%+
09/01/2021 9:12 PM
robertzz If CPO price able to maintain above 3k.. just stay tuned. gonna bomb up.. plus, if you monitor closely.. director start collecting through open market
14/01/2021 1:11 PM
robertzz first TP 1.50
14/01/2021 1:21 PM
taihai tan aik pen buy every day 100 lots ??? but wrong total ? a bit tricky ?
15/01/2021 9:43 PM
6stars Wa! Didn’t noticed. I just bought 100 lots today
15/01/2021 11:58 PM


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