Posted by upsidedown119 > 2019-12-18 18:06 | Report Abuse

Of the 48K ha, 24K ha are prime mature palms, 12K ha are old mature palms and 12K ha are young immature palms.

SOP is about 90% planted and majority prime mature palms.

So RSawit is about 30% the vallue of SOP.

So if RSawit price is about 30% of SOP price i.e. about RM1.1, it would be good.

RSawit at present is very undervalued by the market.

Posted by Sky Liew > 2019-12-18 18:26 | Report Abuse

Cpo -80 be -19 now closing soon
Stand above 2800

Posted by Sky Liew > 2019-12-20 12:00 | Report Abuse

Wah go cpo up to 291x

Posted by Sky Liew > 2019-12-20 12:35 | Report Abuse

Now collecting power then will go up again

Posted by dasm1284 > 2019-12-20 15:21 | Report Abuse

quiet today....

Posted by kelvin61 > 2019-12-21 09:56 | Report Abuse

Building a base this past week for the next push towards 0.44 - 0.46. This may happen in the Xmas week, cheers.

Posted by GeniusTinker > 2019-12-23 08:22 | Report Abuse

CPO 2912 new high

Posted by upsidedown119 > 2019-12-23 09:33 | Report Abuse

Yeah, the price of palm oil had shot up on 20/12/2019 to record high this year - RM2912 per tonne.

Posted by upsidedown119 > 2019-12-23 09:43 | Report Abuse

CPO price is expected to breach RM3000 per tonne in early 2020 and reach all time high. Several factors:

1) China is buying;
2) India returning to the market;
3) Increase use of CPO for bio-fuel by Indonesia (and also EU?).

Posted by TheGreg > 2019-12-23 09:59 | Report Abuse

This Rsawit I can categorized as the Most Undervalued plantation stock in Bursa. It should worth RM 1. 20...... coming Quarter reports shall register RM100m net profits.

Posted by dasm1284 > 2019-12-23 10:12 | Report Abuse

booms!

Posted by upsidedown119 > 2019-12-23 11:05 | Report Abuse

CPO futures? They are virtually all soaring.

Posted by upsidedown119 > 2019-12-23 11:06 | Report Abuse

Yeah, RM1.20 per share is about right.

Posted by upsidedown119 > 2019-12-23 11:10 | Report Abuse

BTW, CPO Futures are indicative of price direction but beyond 3 months, they are of little use. It's the CPO delivered price that counts.

Posted by Sky Liew > 2019-12-23 12:30 | Report Abuse

Need pass 365 and stand

Posted by TheGreg > 2019-12-23 14:49 | Report Abuse

Sarawak tycoon Tan Sri Tiong Hiew King owns 58% of Rsawit..... major corporate exercise soon!

Posted by TheGreg > 2019-12-23 16:13 | Report Abuse

Rsawit and Jayatiasa to merge to become largest plantation in Sarawak?

Posted by lee_m2020 > 2019-12-23 16:16 | Report Abuse

UPTRENDING !!!

Posted by upsidedown119 > 2019-12-23 16:22 | Report Abuse

Tough resistance at 36 sen.

Posted by abong > 2019-12-23 16:28 | Report Abuse

Rsawit and Jayatiasa are the same owner Tiong hew king..... after they goreng Jayatiasa then goreng Rsawit.

Posted by upsidedown119 > 2019-12-23 16:39 | Report Abuse

The spike in demand also coincide with the low production season due to the monsoon rains. So there is a quadruple force pushing up the CPO price.

Posted by lee_m2020 > 2019-12-23 16:47 | Report Abuse

congrats who gain

Posted by lee_m2020 > 2019-12-23 16:48 | Report Abuse

.365 is now broken... proven to hike up further towards .40. i am very optimistic this achieved real soon..

Posted by kelvin61 > 2019-12-23 16:58 | Report Abuse

The technicals are all exhibiting very strong signals currently and supported by strong fundamentals. Followers of RSawit will be very well rewarded soon cheers.

Posted by lee_m2020 > 2019-12-24 08:56 | Report Abuse

woww... yesterday foreign investors reigned in!!

Posted by dasm1284 > 2019-12-24 10:16 | Report Abuse

resting now...

Posted by abong > 2019-12-24 14:26 | Report Abuse

Powerrr Uppp.... to 60sen.... Sarawak best plantation stock!!

Posted by lee_m2020 > 2019-12-24 14:30 | Report Abuse

Tremendous perfomances n great rewards!!!

Posted by TheGreg > 2019-12-25 21:35 | Report Abuse

Will the counter go through a re-rating by the investing community? Tiong is no stranger to investors. One of Malaysia’s richest men, his flagship Rimbunan Hijau Group is the largest timber company in Malaysia and Papua New Guinea.
Will this eventually lead to the acquisition of of palm oil estates abroad or injections of more land from its parent Rimbunan Hijau Group?

Posted by upsidedown119 > 2019-12-26 11:58 | Report Abuse

So long as the CPO/FFB prices keep rising, the upward pressure on RSawit will increase. The longer the bears keep the price down, the more explosive will be the break out.

Posted by Sky Liew > 2019-12-26 14:00 | Report Abuse

Hope can back history high 1.4

Posted by TheGreg > 2019-12-26 15:07 | Report Abuse

Rimbunan Sawit historical highest is RM 2.4 back in 2010.....now after 10 years 2020 will it back to RM2++ ?

Posted by upsidedown119 > 2019-12-26 15:11 | Report Abuse

If CPO reach and stays above RM3K per tonne, why not?

Posted by tai yee > 2019-12-26 16:37 | Report Abuse

cannot break 0.385

Posted by AAAwell > 2019-12-26 16:58 | Report Abuse

It will break tmr

Posted by Sky Liew > 2019-12-26 18:34 | Report Abuse

Cpo close 3003

Posted by TheGreg > 2019-12-26 21:30 | Report Abuse

CPO above RM3000.....tomorrow start bull uptrend

Posted by upsidedown119 > 2019-12-26 22:04 | Report Abuse

@Sky Liew. Please give link to info.

Posted by upsidedown119 > 2019-12-26 22:18 | Report Abuse

China buying US soya bean. So soya bean oil likely to go up and with it CPO price. Also El Nino is expected mid 2020 which will devastate soya bean crop. So likely good CPO price in 2020.

Posted by JWLL1668 > 2019-12-26 22:24 | Report Abuse

3年新高 原棕油冲破3000元

Posted by kelvin61 > 2019-12-27 07:22 | Report Abuse

The market can expect CPO price to stay high for some time due to various reasons, mainly low CPO inventory, low cropping season of the year currently, biodiesel offtake, flooding in oil palm estate areas, among others. All these are very strong catalyst to drive CPO prices higher. RSawit an upstream player will benefit greatly during this cycle. Stay invested and ride the wave up, cheers.

Posted by upsidedown119 > 2019-12-27 09:08 | Report Abuse

Settled price for CPO on 26/12/2019 was RM3005 per tonne.

Posted by kelvin61 > 2019-12-27 09:59 | Report Abuse

RSawit will look to break 0.40 next week in the remaining 2 trading days for 2019. Undergoing small profit taking for the last day of the week. Hold and let your profit run. The chart is showing very strong uptrending patterns. RSawit should reach 0.44 - 0.46 soon, cheers.

Posted by kelvin61 > 2019-12-27 10:48 | Report Abuse

Looks like the buying is strong and testing to break 0.40. Let's all Huat Ah to close above 0.40 sen today, cheers.

Posted by AAAwell > 2019-12-27 11:04 | Report Abuse

Next week will be profit taking so it wil drop a little bit. Then can sapuu!

Posted by upsidedown119 > 2019-12-27 14:57 | Report Abuse

If CPO price sustain rise, the bulls will sapu the profit-takers.

Posted by upsidedown119 > 2019-12-27 15:42 | Report Abuse

Anyone knows the current CPO price i.e. today 27/12/2019?

Posted by kelvin61 > 2019-12-27 16:00 | Report Abuse

Shooting up further to the sky, cheers.

Posted by Sky Liew > 2019-12-27 20:05 | Report Abuse

Today high 3103 , closing 3072 up 62

Posted by upsidedown119 > 2019-12-27 23:50 | Report Abuse

The factors are in alignment: Low production season due to rain, low CPO inventory, increase use in biofuel/diesel, China buying, India returning to buy, rising soya bean oil prices for which CPO is a strong substitute.

Now if there is an El Nino or El Nina come mid-year to end of year 2020. That will reduce soya bean production and send soya bean oil prices soaring and CPO will follow.