KLSE: RSAWIT (5113)       RIMBUNAN SAWIT BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
0.24   +0.03 (14.29%)  0.21 - 0.24  6,404,300
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Market Cap: 490 Million
NOSH: 2,042 Million
Avg Volume (4 weeks):580,573
4 Weeks Range:0.205 - 0.24
4 Weeks Price Volatility (%):
52 Weeks Range:0.20 - 0.30
52 Weeks Price Volatility (%):
Average Price Target: 0.60
Price Target Upside/Downside: +0.36
Stamp duty exempted for year 2022

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2021 [#3]  |  23-Nov-2021
Next QR | Est. Ann. Date: 31-Dec-2021  |  24-Feb-2022
T4Q P/E | EY: -13.11  |  -7.63%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.19  |  1.26
T4Q NP Margin | ROE: -8.45%  |  -9.63%


Date Subject
07-May-2021 Trading Stocks - Rimbunan Sawit

Business Background

Rimbunan Sawit Bhd is engaged in providing farm products. The company is involved in the cultivation of oil palm and operation of palm oil mill. It also focuses on providing management services. The company is also an investment holding company. It receives maximum revenue in the form of dividend income. The company operates in the geographical segment that is Malaysia.
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  18 people like this.
mhanaS CPO futures likely to undergo technical correction next week
Siti Noor Afera Abu

October 02, 2021 10:34 am +08

CPO futures likely to undergo technical correction next week
KUALA LUMPUR (Oct 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is poised for a technical correction next week following the uncertain price movement this week, dealers said.

Interband Group of Companies senior palm oil trader Jim Teh said the price was expected to hover between RM4,100 and RM4,200 per tonne with more physical buyers anticipated next week.

He said demand was projected to increase next week, which would reduce the stocks level.

“Besides physical buyers, the market pattern next week will also be influenced by paper trading," he told Bernama.

Meanwhile, Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said CPO trading would be focused on production and cue from soybean oil on the US Chicago Board of Trade next week.

“The launch of the East Malaysia Crude Palm Oil Futures (FEPO) contract by Bursa Malaysia will make news.

“Malaysian September supply and distribution estimates will also be out,” he said.
03/10/2021 10:51 PM
kelvin61 This Sarawakian family is doing a bad job in managing the Oil Palm business. They're good at the timber and plywood business but is a failure in the oil business. Suggest they sell this business and make capital repayment to shareholders if they can't turnaround the business eventhough the CPO prices are at record high which is not sustainable in the long run.
05/10/2021 3:07 PM
newbie9893 plantation sector will be the next theme to play...still not too late to buy now
05/10/2021 4:30 PM
newbie9893 buy sarawak counters now...rsawit, jtiasa, subur, big, cmsb,scib
05/10/2021 4:34 PM
newbie9893 all the plantation counters will shoot up to the moon tomolo..buy now
05/10/2021 4:40 PM
AdCool NTA only at 0.19. Even if they sell the whole biz and return to shareholders, all of us would make losses.

kelvin61 This Sarawakian family is doing a bad job in managing the Oil Palm business. They're good at the timber and plywood business but is a failure in the oil business. Suggest they sell this business and make capital repayment to shareholders if they can't turnaround the business eventhough the CPO prices are at record high which is not sustainable in the long run.
05/10/2021 3:07 PM
05/10/2021 5:05 PM
Nkk1370 Wake up
05/10/2021 5:33 PM
AdCool all follow Subur is it?
05/10/2021 5:56 PM
SEE_Research SEE_Research ===========================================================================



( LIMIT UP 30 % --- STOCK LIKE SUBUR / 6904 )

Another Subur Tiasa Holdings Bhd / 6904

Potentially, for this coming week ,

starting from 6 October 2021 , onwards

(i)1st Target Price :

RM 0.68 level

( 17 % )


(ii) 2nd Target Price :

RM 0.89 level

( 50 %)
06/10/2021 1:27 AM
06/10/2021 1:31 AM
651158 Today limit up lo faster buy in
06/10/2021 8:35 AM
bulldog Accumulation in progress

Huat chaiii
06/10/2021 8:39 AM
AdCool Limit up means 0.3 lah.
got 0.03 up daily also happy already for RSawit.
06/10/2021 1:54 PM
Nkk1370 Can't manage well, just sell it to Klk or IOI
06/10/2021 3:49 PM
vcinvestor KLK / IOI won't buy these kind of shit plantations. RM4k also cannot make money.
06/10/2021 3:52 PM
Nkk1370 CPO 4800 per ton now Sawit benifited greatly
06/10/2021 8:40 PM
bulldog Bulldog accumulate at 24

Huat chaiii
08/10/2021 7:49 PM
bulldog Accumulation in progress

Huat chaiii
11/10/2021 3:28 PM
bulldog Keep on accumulate

Huat chaiii
13/10/2021 1:43 AM
vcinvestor very safe counter, sure won't kena windfall tax (because they won't even make a profit)

13/10/2021 9:09 AM
AdCool still sleeping like a lazy dog. must use rotan already like my grandma to wake the dog up.
13/10/2021 3:18 PM
bulldog Accumulation in progress

Huat chaiii
13/10/2021 6:28 PM
AdCool this counter still sleeping. cant even beat 0.3. CPO already above 5k for more than a week.
18/10/2021 1:58 PM
bulldog Keep on accumulate

Huat chaiii
18/10/2021 3:05 PM
newbie9893 Rsawit might spike up anytime from now onward..buy now..to be reward soon
20/10/2021 3:30 PM
Sales Go! Go! Go! No more cheap sales!
20/10/2021 4:35 PM
AdCool No spike lah. still cannot breach 0.3.
where got spike? Probably need to wait until end Nov when they going to release results
20/10/2021 5:20 PM
bulldog Accumulation in progress

Huat chaiii
20/10/2021 8:13 PM
AdCool accumulation in progress since months ago loh. wanna accumulate until when?
21/10/2021 6:13 PM
bulldog Accumulation at 24

Huat chaiii
28/10/2021 1:12 PM
GreenHat What is the tp for this gem
28/10/2021 10:40 PM
investor2021trading with CPO price at rm5323/ton, RSawit is too cheap to miss!

KUALA LUMPUR (July 27): RHB Retail Research said Rimbunan Sawit Bhd may resume its upward move – as it has likely found a support at 30.5 sen.

In a trading stocks note today, the research house said a positive bias may emerge above this level, with the following resistance points set at 33.5 sen followed by 34.5 sen.

“A stop-loss can be set below 30.5 sen,” it said.
29/10/2021 7:58 AM
AdCool this Rimbunan been downtrend for many years and only had a spike at end of 2019, align with the industry. Since then it been on downtrend again regardless higher CPO price. The only way to move it is to start to report profit in quarters to come. If it cont to report losses even with CPO above 5k, then it should cont to drop below 0.2 and back to its 2019 price at 0.12
29/10/2021 11:56 AM
investor2021trading so, lets wait for d positive QR??? Crude Palm Oil n Palm Kernel Oil prices r now at a historical high!!!

Has "Capital Reduction" a game changer???
Rimbunan Sawit had successfully undertake a capital reduction aimed at eliminating the company's accumulated losses. The capital reduction, has enabled the company to eliminate its accumulated losses to reflect more accurately the value of the underlying assets and financial position of the company. The exercise will enhance the company's ability to pay dividends out of its retained earnings in the future.
29/10/2021 2:16 PM
AdCool no dividend from RSawit since 2013.
29/10/2021 3:20 PM
investor2021trading let me calculate d earning of an oil palm plantation:

let say ffb production of 1.20 ton/hect/mth
a plantation of 10,000 matured hectares
there4, 10,000 hects X 1.20 ton/hect/mth = 12.000 metric tons ffb
take 20% oil extraction from mill = 12,000 X 20% = 2,400 tons CPO
take current price of CPO at RM5000/m.ton = 2,400 X 5000 = 12 millions
take production cost of RM1,800/m.ton (estate) + RM600/ton (mill)
there4, total production cost/ton CPO will b RM2,400/ton
i.e. RM5,000-RM2400 = RM2,600/ton extra margin
there4, total profit for a 10,000 hects matured plantation
will b 2,400 CPO X 2,600 = RM6,240,000/mth profit margin
if over 12mths X 6,240,000 = RM74,880,000

isn't that's a whooping profit more than enough to pay for taxes!
31/10/2021 9:18 PM
bulldog Accumulation at 23

Huat chaiii
01/11/2021 1:20 PM
kelvin61 At this historical record prices and RSAWIT cannot make money, its either crooks running the show or they might as well sell out for someone else to manage, cheers.
03/11/2021 7:38 AM
AdCool another 3 weeks for QR. let's see if they make money or the boss cont to be cunning and impair losses.
03/11/2021 4:13 PM
AdCool 2 more weeks to go. Whether this counter is a sleeping dragon or a lazy dog remains to be seen.
12/11/2021 2:19 PM
AdCool 1 more week to go.
19/11/2021 2:02 PM
kfliau Nowadays even want to earn half cent also so difficult
22/11/2021 10:28 AM
AdCool Jaya Tiasa seems to be moving. Rsawit still pending for its sister companies to move first. Hold until QR which would be within a week now.
22/11/2021 5:48 PM
kfliau Result out. Made 6.6 m but net profit marhin only 4.7%
23/11/2021 9:56 PM
AdCool For years it didnt make any profit and this is the first ever profit for years.
23/11/2021 11:26 PM
kfliau Make profit or not doesn't matter. Still back to all time low
03/12/2021 1:44 PM
AdCool it s not about profit, it s about the goreng trend.
09/12/2021 5:15 PM
Sales Start to goreng for year end.....
17/12/2021 10:16 AM
Hoot9e Meow Meow Meow
28/12/2021 10:55 AM
investor2021trading boom pipi!
28/01/2022 11:55 AM
New_Investor92 Those who wanted to go long for this stock just be extra careful, it seems another trend is coming. For a confirmation if you insist let the body candle break the 0.24 then i'm sure everything will go smoothly. 100% sure
28/01/2022 12:24 PM

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