I kept for long term..
It is undervalue??
1. TSH holds around 22% INNO share 10+ yrs ago, dividend received already cover whole investment cost, cashcow 4 times dividend per year from INNO value equivalents to 230mil, this value never been revalue or show in balance sheet

2. TSH avg age of palm tree 13 yrs old

3. Rm1700 cost per tonne FFB

4. Mainly is upstream ( not involve in RBD downstream, good for strong el-nino) only sabah RBD JV with wilmar

5. Land bank for future expansion

So do u think company keep SBB is just for fun, push up for small retailer profit taking

If continue SBB until nx year, SBB Treasury share if hit 100,000,000 can do again capital reduction, EPS indirectly will go up, a cup of tea tarik tambah manis, boss kasih mee goreng tambah telur mata, lagi best