RIMBUNAN SAWIT BHD

KLSE (MYR): RSAWIT (5113)

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Last Price

0.24

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


18 people like this.

2,611 comment(s). Last comment by henry888 3 weeks ago

Posted by New_Investor92 > 2022-02-19 10:34 | Report Abuse

Looking good after crossing 0.24, to those already jumped in and nver lost faith. Indeed, the stock quite slow to move yet on average return from starting till now still on par with other stocks.

Wait for the ER to be release then more to come. Hopefully, the trend would stay a little while for the first quarter. :)

Posted by investor2021trading > 2022-02-21 09:27 | Report Abuse

on 18/02/22, CPO price touched rm6032 per ton!

vcinvestor

383 posts

Posted by vcinvestor > 2022-02-21 17:19 | Report Abuse

still made losses in 4Q!

gladiator

557 posts

Posted by gladiator > 2022-02-21 18:17 | Report Abuse

I guess CPO need to touch rm9032 then rsawit maybe can make some tiny profit.

Posted by Chua Zhi En > 2022-02-21 18:34 | Report Abuse

speechless....

Jerichomy

1,616 posts

Posted by Jerichomy > 2022-02-21 19:13 | Report Abuse

Same here

Posted by investor2021trading > 2022-02-21 19:20 | Report Abuse

watching closely their improves revenue n reduced losses! current CPO price should augurs well for RSawit!

Posted by Chua Zhi En > 2022-02-22 18:10 | Report Abuse

vomit, cut lose

Posted by cybermen35 > 2022-02-22 21:50 | Report Abuse

COST OF SALES 169,907,000
JTIASA : Revenue 239,238,000
Cost of sales 138,508,000
why the cost of sales of rsawit is so high.... any accountant here can help ?

Johnzhang

2,160 posts

Posted by Johnzhang > 2022-02-22 21:52 | Report Abuse

Don't waste time on this counter. There are many more undervalued plantation stocks to pick

Jerichomy

1,616 posts

Posted by Jerichomy > 2 months ago | Report Abuse

Looks rsawit is pushing up to distribute the share now haha

914601117

517 posts

Posted by 914601117 > 2 months ago | Report Abuse

rsawit is con company. all profit wallop by family suppliers

densim

280 posts

Posted by densim > 2 months ago | Report Abuse

sold all, cover all trading expences. I was holding it for a year...This is a "SICKMAN" of the Oil Palm Ind....

aleesya

87 posts

Posted by aleesya > 2 months ago | Report Abuse

Very soon the sickman will turn into a strongman.

Johnzhang

2,160 posts

Posted by Johnzhang > 2 months ago | Report Abuse

Everything go higher in rising tide . Hahaha

Posted by joryus4855 > 2 months ago | Report Abuse

up la, dumbass stock, haizzz

Posted by Millionairegig > 2 months ago | Report Abuse

Revenue is high but negative profit. haha..Just get along with your other peers

Posted by cybermen35 > 2 months ago | Report Abuse

Directors must work harder ....

Posted by Starex Trooper > 2 months ago | Report Abuse

Buy now

Posted by New_Investor92 > 2 months ago | Report Abuse

Supposedly, Rsawit should be more valuable than TDM. However, let's be confident that this share would soar higher. Technical analysis of EMA show golden crossing (Just today) where by other plantation stock happened way back. Besides, the buying volume has increased over the past 3 days.

Looking forward to break 0.28~0.29 resistance, once break then everyone can huat liao.

Posted by cybermen35 > 2 months ago | Report Abuse

if the company can reduce the cost,,,, this counter will fly to sky,,,, look at the company revenue,,, is big

Swcm98

150 posts

Posted by Swcm98 > 2 months ago | Report Abuse

Sudah mari..

carimakan

2,407 posts

Posted by carimakan > 2 months ago | Report Abuse

sepatutnya harga rm1 dah ni.. sape x beli sekarg menyesal nanti

Posted by Investformilkmoney > 2 months ago | Report Abuse

Kenapa x Naik......

x3sphere

493 posts

Posted by x3sphere > 2 months ago | Report Abuse

Some bilis takes profits first. Jerung still inside. Can see little volume only today

Posted by investor2021trading > 2 months ago | Report Abuse

RSawit has 3 palm oil mill! if each mill production cost per ton CPO is rm1000/ton, u can just imagined d amount of profit with CPO price now around rm7500 per ton! i will not b concerned on their ffb production n cost per ton ffb!

keuin

73 posts

Posted by keuin > 2 months ago | Report Abuse

why this counter still sleeping...

Posted by investor2021trading > 2 months ago | Report Abuse

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.

kelvin61

783 posts

Posted by kelvin61 > 2 months ago | Report Abuse

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.

Posted by New_Investor92 > 2 months ago | Report Abuse

Early morning the big shark has bought around 0.29 to 0.295 and now all the small retailer and intraday people is selling their stake

Posted by investor2021trading > 2 months ago | Report Abuse

on 02/03/22, CPO price touched rm8076.50/ton!

Posted by investor2021trading > 2 months ago | Report Abuse

CPO price still at historical high but it's time to buy cheaper plantation stocks!

Posted by New_Investor92 > 2 months ago | Report Abuse

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. :)

Posted by investor2021trading > 2 months ago | Report Abuse

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!

Posted by New_Investor92 > 2 months ago | Report Abuse

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.

subwayzzz

524 posts

Posted by subwayzzz > 2 months ago | Report Abuse

Vote the current directors out this coming AGM. They have done practically nothing to improve the company.

Posted by investor2021trading > 2 months ago | Report Abuse

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!

Posted by New_Investor92 > 2 months ago | Report Abuse

True.

Check this out http://www.rsb.com.my/board_of_directors.html

x_abe81

67 posts

Posted by x_abe81 > 2 months ago | Report Abuse

yummy. good time to accumulate.

KEENTRADER

358 posts

Posted by KEENTRADER > 2 months ago | Report Abuse

hoping for wonders to take place

KEENTRADER

358 posts

Posted by KEENTRADER > 2 months ago | Report Abuse

Nuclear war has started. No need look at oil palm stocks

chesslim

856 posts

Posted by chesslim > 1 month ago | Report Abuse

记住,当别人恐惧时你要贪婪。

Posted by investor2021trading > 1 month ago | Report Abuse

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.

“A stop-loss can be set below 30.5 sen,” it said.

Rohizam

5 posts

Posted by Rohizam > 1 month ago | Report Abuse

what happen this kaunter....any good news

shawn88

172 posts

Posted by shawn88 > 1 month ago | Report Abuse

jtiasa move above rm1, but this counter still under 0.26... wtf

ocbc

325 posts

Posted by ocbc > 4 weeks ago | Report Abuse

in 2019 , when JTiasa at 0.99 , this stock at 0.38.....heheee

OKU_2020

2,385 posts

Posted by OKU_2020 > 4 weeks ago | Report Abuse

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!

henry888

1,974 posts

Posted by henry888 > 3 weeks ago | Report Abuse

u turn

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