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If cross resistance at 1.17 can go higher. MkhOP listing can spur plantatn shares. After that is Johor Palm Oil listing. Will get 100 mil from Bulugan land sales. Plus. thousands of acres of valuable land near IKN. Potential Long Term winner.
MkhOP listing end April will influence TSH price. MkhOP' s land further from IKN Nusantara, Indon new capital, than TSH s Bongan n Kutai s land. The land here bought at v cheap price. compared to current asking price. Tech Analysis wise , Chart shows Cup n Handle formation, or
VCP, Volatility Contraction Pattern, which
may indicate potential break out, of ATH of 1.18.
should expect higher revenue due to higher CPO price. unfortunately due to cessation of cocoa biz, the company won't benefit from the steep price rise of cocoa products in 2024.
