TSH Stock Forum

TSH Resources Bhd is set to plant on unplanted land in the coming years, leveraging its robust balance sheet. The firm aims to invest strategically in the green economy to boost long-term shareholder value. With the CPO price on an upward trend since January 2024, the company remains cautiously optimistic about its 2024 performance.

Kenanga Research maintains an 'outperform' rating on TSH's stock following its recent land sale, with a target price of RM1.30. Despite expecting crude palm oil to trade between RM3,500 and RM4,000 per tonne this year, they anticipate a lower price for TSH at RM3,000-RM3,500 per tonne.

The ROE of TSH, a Bursa Malaysia plantation company had under performed my reference plantation company – KLK, for many years. But over the past few year TSH’s ROE have been improving. In fact in 2022 it did better than KLK and its 2023 ROE is probably going to match that of KLK.
Is this then a company with improving fundamentals? The plantation sector is cyclical and you have to look at its performance over the cycle for any meaningful conclusion
But from the short t...

HLIB expresses concern over flat fresh fruit bunch (FFB) output growth and expects crude palm oil (CPO) production cost to remain at current levels. It anticipates FFB production to decline marginally in 2024 due to lower planted land bank.

Good morning mooers! Here are things you need to know about today's market:
●The U.S. stock market was closed on Thanksgiving.
●Business confidence improves in 4Q - DoSM
●Stocks to watch: PetDag, TM, Genting, GenM
-moomoo News MY
Wall Street Summary
The U.S. stock market was closed on Thursday, November 24th for Thanksgiving Day.
Breaking News
Business confidence improves in 4Q - DoSM
Business confidence indicator increased by 3.2 p...