Dear friends,

As promised we will now look into the Deeply Undervalue Assets of RSawit

But first take another look at FCPO

Crude Palm Oil Futures

Rm4279

NOW WE LOOK AT THE ASSETS OF RSAWIT

REFER TO BURSA RSAWI (AR)

RIMBUNAN SAWIT BERHAD [REGISTRATION NO: 200501014346 (691393-U)] I ANNUAL REPORT 2022

LIST OF PROPERTIES OWNED BY THE GROUP

1. NCR Land Located Ulu Teru Land

Miri Division, Sarawak

 JVA Commecing - 7,900.00 Ha Oil Palm Estate - Rm90,486,000

Dated 2003

Ok from above let us do a breakdown

It has 7,900 Hectares in Miri Division

To convert to Acres Multiply by 2.417

= 19,520 acres

Book Value as at year 2003 = Rm90,486,000

To get cost per acre divides Rm90,486,000 by 19,520 acres

= Rm4,635 per acre

What is the current land value in Ulu Teru, Miri Division today?

See

Dipaparkan pada 29 Feb 2024 10:57 AM

(RM 26250 setiap ekar)

miri, Miri

Agricultural Land  •  Keluasan Tanah : 8,000 ekar

From above we can SEE that agriculture lands in Miri is now worth Rm26,250 an acre

2. 

Lot 11,& Lot 12  Buloh Land District Provisional  4,625.00 Ha Oil Palm Estate 

Date of purchase 1999 

Rm86,355,000

4,625 hectares = 11,428 acres

Cost Rm86.355 Millions

Cost per acre = Rm7,556 

Why more expensive?

It was purchased later in time.

And see this

Sibu Ulu Oya Road Country Land For SALE

Sibu Ulu Oya Road Country Land For SALE

Lot 100

Asking Price: RM20,000/ acre

Total Price:RM130,200

3. Lot 56, Sawai Land District  4,857.00 Ha Oil Palm Estate

Dated 1994

Rm 47,749,000

Cost per acre RM3,978

AGAIN WE SEE THAT LANDS IN SIBU NOW WORTH RM20,000 PER ACRE

4. 

Lot 56 & 58, Bok Land Disctrict 2087 1988

Provisional

Lot 65, Bok Land Disctrict LeasEHOLD  5,559.00 Ha Oil Palm Estate

Dated 2005 

rM46,068,000

THIS LAND IS RM3,353 

THIS LAND NEAR KUCHING IS REAL CHEAP AT ONLY RM3,353 PER ACRE

See

BOK LAND IS LOCATION IN KUCHING

See Kuching agricultural land price today

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RM 346,400

Here we SEE 4.33 acres asking for Rm346,400

Per acre cost is Rm80,000 per acre

Rm3,353 cost per acre (RSAWIT lands!)

From above 4 Examples of Rsawit Lands in Miri, Sibu & Kuching Regions

We see Rsawit land cost only Rm a low of Rm3,353 to Rm7,556 per acre

While Advertised Agricultural Lands now ranged from Rm20,000 to Rm80,000 Acres

Since Rsawit owns more than 150,000 Acres or Twice the Size of Penang Island 72,900 Acres

If Rsawit were to sell these Lands at current value IT WILL UNLOCK IMMENSE VALUE for Shareholders

This is one reason why RSawit has Sold two pieces for Rm165 Millions garnering a gain of 88%

Palm Oil Lands are now a precious commodity as there is no more conversion of Forest lands to Palm oil allowed

Only way for anyone to grow their palm oil lands is to buy from existing palm oil land owners like RSawit

With kind regards

Calvin Tan

Please buy or sell after doing your own due diligence or consult your remisier/fund manager

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Johari: Palm oil industry players need to increase FFB yields

• Thursday, 14 Mar 2024

  6:45 PM MYT

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Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR: Industry players and smallholders need to increase the production of fresh fruit bunches (FFB) and crude palm oil (CPO) to maintain the relevance of the Malaysian palm industry, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

He said the government would not open new plantation areas but instead would focus on efforts to increase the yields.

"If we can achieve an FFB yield of 18 tonnes per hectare, this industry can produce 20.5 million metric tonnes of CPO, an increase of two million metric tonnes from 18.5 million metric tonnes last year,” he said in winding up the debate on the Motion of Thanks on the Royal Address for his ministry in the Dewan Rakyat today.

He said the government would not open new plantation area

THAT'S IT!

PLUS MORE!!

Now SEE & UNDERSTAND PLEASE

Abang Jo is trying his best to industrialize Sarawak State

Lots of Foreign FDI will flow into Sarawak to set up Industrial Parks, Green Tech Park, Green Energy, Data Center, Solar Center, Ete Etc

AND LOTS AND LOTS OF LANDS WILL BE NEEDED

Among Biggest Land Owners in Sarawak is Rsawit 

Long ago Johor Corp took Kulim private for Its Lands to be hived off  in Pengerang for building New Townships

See Kulim final result

Refer Bursa

See KULIM above

Kulim was Rm2.50 when we told all to buy. Many complained Kulim got little earnings (actually losses) 

But JCorp took Kulim private at Rm4.10 (above Nav of Rm3.82 )

See Bplant

Last final result of Bplant

Made less than 1 sen

Nav only Rm1.29 (LTAT gave Rm1.55 to take private)

Its revised NTA was Rm2.60

So again Bplant was taken private for its "gold mine" lands for Data Centre & Housing

Now see 

RSawit