No harm sharing. I also not so happy with price. With so much land maturing in the next few years should be making money. I also will not keep it for long. Wait till this hot CPO blows over.
R sawit is a good share but the management is stingy and not aggrssive enough to develope it , please do give us more info .any worh or phrase is as good if it fits into the facts. Waiting.......
5232050 - As I know rsawit having a young tree and will be start harvest by 2014. Those old tree will cut off and replant again. For those directors I had no commend on it. But M'sian Chinese boss culture is typical type !!
I haven't finished studying the while group. But a quick glance through the 2011 acquisition circular showed that FFB yield for one estates injected was 1 MT per ha. This is absolutely shocking, an indication of poor management. Just to give you a flavour of my coming article, it is unlikely to be pretty
from my source, rimbunan sawit havn't exercise land treatment yet when they starting planting at peat soil land compare with sop or jtiasa. So FFB yield may not compete with other sarawak plantation company.
Aborted. Impossible to analyze. They reported monthly CPO production but not FFB. As such, no way I can figure out how much FFB they produce (CPO production figure is meaningless as the FFB can be from external source).
Icon. Another stingy company does not want to release more information of the company. If you look its acquisition few years back (> five years), Rsawit was actually bought many young plantation palm oil planted land. It's just you need to take more time to dig out those data.
Up_Down, I have browsed through the circulars. Let me share something with you that will make you fall off your chair - one of the prime age estate they acquired produced ONE metric tonne of FFB per Ha.
PRIME estate
That is why they don't dare to show FFB trend.
Of course, the above mentioned FFB info was 2011 figure. But you can tell from there what kind of management skill they have
They started to dish out FFB production since Jan 14. It seems Rsawit is more confident in revealing more information. All Jtiasa, Subur Tiasa & Rsawit are ultimately placed under the same Tiong's family. The management is not really that professional as what you said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
eftee
1,210 posts
Posted by eftee > 2014-03-06 17:04 | Report Abuse
No harm sharing. I also not so happy with price. With so much land maturing in the next few years should be making money. I also will not keep it for long. Wait till this hot CPO blows over.