TA Securities Downgrades TSH Resources to Sell from Buy; Price Target is MYR1.34
TSH Resources (KLSE:TSH) has an average rating of overweight and mean price target of 1.43 ringgit, according to analysts polled by FactSet.
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TSH Resources (KLSE:TSH) has an average rating of overweight and mean price target of 1.43 ringgit, according to analysts polled by FactSet.
TSH (SGX:TSH, KLSE:TSH,) subsidiaries, Planet Spirits and The Other Roof, agreed to acquire certain assets of whisky bar operator, The Auld Alliance for up to SG$2 million, according to a Thursday filing with the Singapore Exchange.The acquisition covers Auld's liquor inventory, along with the fitting at the bar's premises, including "The Auld Alliance" brand and lease of the premises.The consideration will be settled partly through the issuance of 2.1 million shares at SG$0.24 apiece.The acquisition is part of the company's strategy to strengthen its beverage and hospitality business.
TSH Resources (SGX:TSH, KLSE:TSH) booked an attributable profit to ordinary equity holders of 52.5 million ringgit during the first quarter of the year form 49.2 million ringgit a year earlier, according to a Wednesday filing with the Singapore Exchange.Basic earnings per share came in at 4.21 ringgit compared with 3.72 ringgit in the year-ago period.Revenue of the palm oil products maker fell year over year to 251.0 million ringgit from 268.8 million ringgit.
TSH Resources (SGX:TSH, KLSE:TSH) published its production results for June, according to a Friday Singapore bourse filing.During the month, the company produced 70,241 metric tons of fresh fruit bunches, the primary raw material for palm oil production.TSH Resources also produced 17,474 metric tons of crude palm oil, 3,410 metric tons of palm kernel, and 60,877 kilograms of rubber during the month.The dual-listed company reported a log production volume of 1,592 cubic meters during the period, the filing said.
TSH Resources (SGX:TSH, KLSE:TSH) published its production results for May, according to a Thursday Singapore bourse filing.During the month, the company produced 67,034 metric tons of fresh fruit bunches, the primary raw material for palm oil production.TSH Resources also produced 17,061 metric tons of crude palm oil, 3,312 metric tons of palm kernel, and 47,634 kilograms of rubber during the month.The dual-listed company reported log production volume of 2,466 cubic meters during the period, the filing said.
TSH Resources (KLSE:TSH) has an average rating of overweight and mean price target of 1.38 ringgit, according to analysts polled by FactSet.
TSH Resources (SGX:TSH, KLSE:TSH) shares slid over 7% on Wednesday after the palm oil company reported a 56% decline in its attributable profit to owners of 21.3 million ringgit from 48.2 million ringgit a year earlier.Basic earnings per share came in at 0.0169 ringgit compared with 0.0356 ringgit in the year-ago period, according to a Tuesday filing with the Singapore Exchange.The dual-listed company's revenue fell 25% year over year to 205.2 million ringgit from 275.3 million ringgit, mainly due to a decrease in revenue from the palm products segment.
TSH Resources (KLSE:TSH, SGX:TSH) bought back 100,000 shares for 128,160 ringgit on Wednesday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.27 ringgit and 1.28 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.
TSH Resources (KLSE:TSH, SGX:TSH) bought back 150,000 shares for 191,286 ringgit on Tuesday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.26 ringgit and 1.28 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.
TSH Resources (SGX:TSH, KLSE:TSH) attributable profit to owners rose to 183.4 million ringgit in 2025 from 135.7 million a year earlier, according to a Tuesday filing with the Singapore Exchange.Earnings per share climbed to 0.1398 ringgit compared with 0.0983 ringgit in the year-ago period.Revenue meanwhile, jumped to 1.06 billion ringgit year over year from 1.02 billion ringgit.
TSH Resources (KLSE:TSH, SGX:TSH) bought back 190,000 shares for 243,273 ringgit on Monday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.26 ringgit and 1.28 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.
TSH Resources (KLSE:TSH, SGX:TSH) bought back 220,000 shares for 287,889 ringgit on Tuesday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.29 ringgit and 1.32 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.
TSH Resources (KLSE:TSH, SGX:TSH) bought back 260,000 shares for 358,094 ringgit on Monday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.36 ringgit and 1.38 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.
TSH Resources (SGX:TSH, KLSE:TSH) published its production results for March, according to a Monday Singapore bourse filing.During the month, the company produced 51,527 metric tons of fresh fruit bunches, the primary raw material for palm oil production.TSH Resources also produced 14,065 metric tons of crude palm oil, 2,764 metric tons of palm kernel, and 29,349 kilograms of rubber during the month.The dual-listed company reported log production volume of 1,412 cubic meters during the period, the filing said.