RSawit has poor performance those years when CPO price was below rm3000/ton but not now as they hv revised their book losses n now moving towards higher profit coming quarters.
RSAWIT buys alot of outside crop for their own Mills' processing requirements due to very low yields emanating from their own estates. The current high cpo prices will accrue positively to their bottomline. I reckon RSAWIT will report positive result in Q1 Mar22 if the current high prices sustain. Due to this, RSAWIT may be the target for speculation soon, cheers.
We may at the wrong stock yet we still may find the way to profit along with the peer.
Others are shining due to their first choice of palm oil counter and having a good management company. However, you can't be exporting everyday or months easily because shortage would happens in a long run. Next, that's where 2nd tier company would be profiting as they do have inventory stockpile.
Food inflation is already spotted especially in edible oil and no hurry to sell and just wait we might enjoy it soon. Besides, palm oil grow in 3 years of duration and no in a short term so i believe we might see good revenue in coming quarter.
At least do keep for another quarter till you get to sell. :)
whether u r a big or small plantation, CPO selling price is all d same! that's d advantage of oil palm plantation! they made huge profit when CPO price is above RM3000/Tonne!
Indeed you are right, my statement earlier was saying the customer or B2C. Price follow the CPO price yet you need to sell everything in order to get the profit.
RSawit's Directors r also in Jaya Tiasa n Subur Tiasa! just b patience n optimistic on d coming quarterly results! palm oil mill never lose money even when d CPO price is hovering around RM3500/Tonne! RSawit 3 palm oil mills will process 50: 50 of owned n outside crop! with d current CPO price u can count d incoming profits!
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 previous trading stocks note, RHB Retail Research said a positive bias may emerge above this level, with the following resistance points set at 33.5 sen followed by 34.5 sen.
Kena PREQQ...!! the real fake news is how the market over reacted on Indonesia change of policy. https://www.theedgemarkets.com/article/indonesia-export-ban-will-not-i... mentioned that ban is on RBD, which is 86% (620MT over 720MT per month). So the export ban is 86% its significant! CPO is only 14% of Indonesia export!
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....
keuin
73 posts
Posted by keuin > 2022-03-03 15:19 | Report Abuse
why this counter still sleeping...