Dear friends
We like Palm oil due to its Superior Land based ASSETS Which APPRECIATE IN VALUE OVER TIME
In contrast O&G Assets Steel based will rust away over time
This can be illustrated by Two Examples
YSH RESOURCES (PALM OIL) VERSUS KNM (O&G)
See TSH latest result
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2022
|
30 Sep 2021
|
30 Sep 2022
|
30 Sep 2021
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
262,652
|
309,074
|
1,024,414
|
860,569
|
2 | Profit/(loss) before tax |
294,439
|
65,689
|
490,755
|
169,381
|
3 | Profit/(loss) for the period |
296,443
|
53,775
|
474,308
|
128,422
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
258,428
|
45,078
|
412,239
|
105,576
|
5 | Basic earnings/(loss) per share (Subunit) |
18.72
|
3.27
|
29.87
|
7.65
|
6 | Proposed/Declared dividend per share (Subunit) |
0.08
|
0.00
|
0.08
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.5071
|
1.1892
|
SEE NAV
Was Rm1.18
NOW RM1.50 (Or up by 32 sen)
Just sold Bulugan 32000 acres land for Rm731.09 Millions
Original Cost Rm266 Millions
Profit is Rm465 Millions or 30 sen
2/3 profit received and TSH is giving a nice 8 sen dividend
TSH still got lots of Land
Down south of Bulugan is Kutai/Nusantara the New Capital of Indonesia
lAbout slightly less than 3X (times) the Size of Bulugan land sold but Much More Valuable
If we only take the same price of Bulugan (as benchmark. Of Course Nusantara Lands worth far more)
A simple computation will be
Rm731.09 Millions x 3
- Rm2.193 Billions
Ay 1,388 million paid up shares
IT IS worth Rm1.58 a share
So in Value NAV will rise to Rm1.50 + Rm1.58
= Rm3.08 NAV
If Kutai/Nusantara 94700 acres are REVALUED
Note: Current book value only Rm5K per acre (Reder TSH AR or Annual Report)
KNM
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
Six Months
|
Three Months
|
Eighteen Months
|
Eighteen Months
|
||
01 Apr 2022
To |
01 Apr 2021
To |
01 Jan 2021
To |
01 Jan 2020
To |
||
30 Jun 2022
|
30 Jun 2021
|
30 Jun 2022
|
30 Jun 2021
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
262,687
|
0
|
1,442,812
|
0
|
2 | Profit/(loss) before tax |
-72,424
|
0
|
-790,014
|
0
|
3 | Profit/(loss) for the period |
-82,077
|
0
|
-814,349
|
0
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
-74,381
|
0
|
-764,593
|
0
|
5 | Basic earnings/(loss) per share (Subunit) |
-2.12
|
0.00
|
-21.79
|
0.00
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2600
|
0.6000
|
KNM Dropped into Pn17
NAV dropped from 60 sen to 26 sen (lost 34 sen)
Above shows Assets Value are not permanent
THEY CAN APPRECIATE UPWARDS OR DEPRECIATE DOWNWARDS
One more thing you must know
KNM IS VERY POPULAR
See
69 people like this.
https://klse.i3investor.com/web/forum/forum-thread/800001403
In heydays KNM very hot stock and 69 people clicked likes
TSH is unpopilar
Only 9 persons clicked likes
https://klse.i3investor.com/web/forum/forum-thread/800001682
That is all for today
No buy or sell call
Warm regards
Calvin