Lim AS's comment on TSH. All Comments

Lim AS
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### Financial Performance and Metrics

1. **Earnings Per Share (EPS):**
- For the trailing twelve months (TTM), TSH Resources Berhad's EPS is 0.0621 MYR [oai_citation:1,TSH Resources Bhd, TSH:KLS summary - FT.com](https://markets.ft.com/data/equities/tearsheet/summary?s=TSH:KLS).

2. **Net Tangible Assets (NTA):**
- As of the latest financial data, TSH Resources has a strong NTA value, indicating robust asset backing for its shares. The NTA is typically updated annually in the company's financial reports [oai_citation:2,TSH: TSH RESOURCES BERHAD (9059) | KLSE Screener](https://www.klsescreener.com/v2/stocks/view/9059) [oai_citation:3,Reports | Investor Relations | TSH Resources Berhad](https://www.tsh.com.my/investor-relations/reports/).

3. **Cash Flows:**
- TSH Resources has maintained positive operating cash flows, which is essential for sustaining day-to-day operations and future investments. Their annual reports provide a detailed breakdown of these cash flows [oai_citation:4,Reports | Investor Relations | TSH Resources Berhad](https://www.tsh.com.my/investor-relations/reports/).

4. **Liquidity:**
- With a current market cap of approximately 1.66 billion MYR and a healthy trading volume, TSH Resources shows adequate liquidity to meet its short-term obligations. Their liquidity ratios have been stable, indicating the company's ability to cover its debts [oai_citation:5,TSH Resources Bhd, TSH:KLS summary - FT.com](https://markets.ft.com/data/equities/tearsheet/summary?s=TSH:KLS).

5. **Reserves Per Share:**
- TSH has significant reserves, bolstered by its extensive land banks and plantations, especially in strategic locations like Indonesia. These reserves ensure that the company has a cushion for any financial downturns and provide opportunities for expansion [oai_citation:6,TSH - TSH RESOURCES BERHAD (9059) : Profil Syarikat](https://www.bursamalaysia.com/bm/trade/trading_resources/listing_directory/company-profile?stock_code=9059) [oai_citation:7,Reports | Investor Relations | TSH Resources Berhad](https://www.tsh.com.my/investor-relations/reports/).

### Potential and Future Prospects

1. **Land Banks near Nusantara (Indonesia's New Capital):**
- TSH Resources holds substantial land banks near the planned new capital of Indonesia, Nusantara. This proximity is expected to increase the value of these assets significantly, as development progresses and infrastructure improves in the region [oai_citation:8,TSH - TSH RESOURCES BERHAD (9059) : Profil Syarikat](https://www.bursamalaysia.com/bm/trade/trading_resources/listing_directory/company-profile?stock_code=9059) [oai_citation:9,Reports | Investor Relations | TSH Resources Berhad](https://www.tsh.com.my/investor-relations/reports/).

2. **EPS and Land Banks Evaluation:**
- Evaluating the potential EPS after accounting for the increased value of land banks involves estimating the future appreciation and possible revenue from these lands. As the new capital development accelerates, TSH could see a significant boost in its asset values and, consequently, its EPS.

### Future Potentials

1. **Bonus Shares:**
- Given the company's strong financial position and significant reserves, TSH Resources has the potential to issue bonus shares to reward shareholders. This would depend on future profitability and strategic decisions by the board [oai_citation:10,TSH: TSH RESOURCES BERHAD (9059) | KLSE Screener](https://www.klsescreener.com/v2/stocks/view/9059) [oai_citation:11,TSH Resources Bhd, TSH:KLS summary - FT.com](https://markets.ft.com/data/equities/tearsheet/summary?s=TSH:KLS).

2. **Strategic Expansion and Diversification:**
- TSH Resources continues to explore opportunities to expand its plantations and diversify its operations. This strategic approach is expected to enhance its profitability and market standing in the long term [oai_citation:12,Reports | Investor Relations | TSH Resources Berhad](https://www.tsh.com.my/investor-relations/reports/).

### Conclusion

TSH Resources Berhad is well-positioned financially with strong EPS, NTA, and liquidity. The significant land banks near Indonesia's new capital provide a promising future for asset appreciation and revenue growth. The company's ability to issue bonus shares and expand strategically further bolsters its prospects for sustained profitability and shareholder value enhancement.
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Lim AS
Depending on the market price of palm oil
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