RIMBUNAN SAWIT BHD

KLSE (MYR): RSAWIT (5113)

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Last Price

0.23

Today's Change

-0.005 (2.13%)

Day's Change

0.23 - 0.235

Trading Volume

1,211,600


18 people like this.

2,943 comment(s). Last comment by Investing_Bursa 21 hours ago

Sky Liew

940 posts

Posted by Sky Liew > 2019-12-28 10:02 | Report Abuse

Bursanalaysia got cpo price

Sky Liew

940 posts

Posted by Sky Liew > 2019-12-28 18:18 | Report Abuse

Need break 46 and stand above then can pretty Liao going 68

JWLL1668

235 posts

Posted by JWLL1668 > 2019-12-29 16:20 | Report Abuse

Plantation counters will continue the uptrend as continuing good news on CPO price.

JWLL1668

235 posts

Posted by JWLL1668 > 2019-12-29 16:20 | Report Abuse

Cheers

AAAwell

1,048 posts

Posted by AAAwell > 2019-12-30 09:38 | Report Abuse

Will it break 0.42 tdy?

TheGreg

59 posts

Posted by TheGreg > 2019-12-30 10:17 | Report Abuse

Expect Tan Sri Tiong make a surprise corporate exercise to unlock RSawit 77K hectares plantation land....

TheGreg

59 posts

Posted by TheGreg > 2019-12-30 11:25 | Report Abuse

watch out this another golden hidden plantation stock - Astral Asia Plantation Sdn Bhd (7054)
Astral Asia highest share price was RM 1.90 in year 2016 when CPO is at RM3000/tonne.....now CPO price at RM3100/t, can it score the same goal as RM1.90??

prahadude

90 posts

Posted by prahadude > 2019-12-30 13:03 | Report Abuse

CBIP has 3 core business
1.Oil mill one stop centre and a market leader in this field.
2.Retrofitting SPV
3.Palm oil plantation
With NTA at 1.45 and a generous yearly dividend of 3.7%.
1.When CPO rises, more landbank will be planted, more mills would be needed.
2.For SPV , contracts are expected to be given after quiet years in 2017,2018.
The star of the company is its palm oil plantation, which trees are 5-7 years old and are already yielding fruits. Its losses in this segment has been reducing over the years : FY2018 a loss of RM8.7mil, with latest Q narrowed to a loss of RM1.5mil.
The CEO expects its plantation segment to break even at FY20 and profitable in FY21, when it was reported in June2019 when CPO hovering around rm1800.
https://www.thestar.com.my/business/business-news/2019/06/03/cbip-counts-onplantation-ops
With CPO price above RM3000 currently , its plantation segment is super undervalued. Its current share price is being assumed its plantation segment is still loss making/breakeven, which isn’t the case with this CPO rally. CBIP is a hidden gem, mainly because everybody overlooked its plantation segment.
Majority of small-medium palm oil players had rallied >100% . CBIP share price hovers around RM2-2.5 when CPO prices are around RM2000-2500 in 2015-2018.
A 100% increase would just bring it to where it was 4 years back , when its palm trees wasn’t even yielding fruits yet !
Remember,CBIP has a good management team which was recognised internationally .CBIP was awarded Forbes Best under a billion award for 2006,2007,2008 and 2013.
Share volume is below 1mil, almost the same throughout 2019, indicating no big players is manipulating the price. Furthermore, management is supporting this price through share buy backs . You have 3 months to accumulate before the next quarter report, which will show tremendous improvement. By then the cat is already out of the bag.

kelvin61

826 posts

Posted by kelvin61 > 2019-12-30 15:13 | Report Abuse

Why talk about CBIP here. This space is for RSAWIT followers. Please go to the right slot, cheers.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-30 15:54 | Report Abuse

AAsia had a 9 for 2 bonus issue in May 2016. Prior to that its price was pushed up because of the bonus issue. Adjusted, its peak is around 20 to 23 sens.

kentwoon

1,841 posts

Posted by kentwoon > 2019-12-30 16:10 | Report Abuse

OK .GOOD GOOD

Sky Liew

940 posts

Posted by Sky Liew > 2019-12-30 16:41 | Report Abuse

Rm 1.25

AAAwell

1,048 posts

Posted by AAAwell > 2019-12-30 16:53 | Report Abuse

It might have a pullback before another rally

Posted by newbie170919 > 2019-12-30 17:21 | Report Abuse

Rsawit staff no bonus,cut salary, force take unpaid leave but stock price keep up, strange...

Posted by Amir_Miraj > 2019-12-30 18:05 | Report Abuse

TP1 before 2020@0.50 and this week end@0.60..then off you go..invest at ur own risk freinds

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-30 18:18 | Report Abuse

window dressing tomolo..hope rsawit will keep the momentum above 50cts

AAAwell

1,048 posts

Posted by AAAwell > 2019-12-30 18:32 | Report Abuse

What's the cpo price? Anyone?

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-30 18:52 | Report Abuse

they will get those benefits in year 2020. Got higher capital to cover operating cost now!!

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-30 18:52 | Report Abuse

All the best for those and us!!!

Depeche

4,451 posts

Posted by Depeche > 2019-12-30 19:04 | Report Abuse

Don't chase high...watch out for sharp pullback.

Posted by Tenson Tang > 2019-12-30 21:14 | Report Abuse

when everyone talk about fcpo price up and bring good to rsawit, but why is it director and company keep on disposed its shares

paperplane

21,685 posts

Posted by paperplane > 2019-12-30 21:53 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2019-12-30 21:58 | Report Abuse

Loss counter.. over goreng. Good,luck

paperplane

21,685 posts

Posted by paperplane > 2019-12-30 22:20 |

Post removed.Why?

TheGreg

59 posts

Posted by TheGreg > 2019-12-30 22:34 | Report Abuse

CPO price continued Uptrend Marching forward.....bullish
MYR 3128 +55

paperplane

21,685 posts

Posted by paperplane > 2019-12-31 00:48 |

Post removed.Why?

Sw33per

152 posts

Posted by Sw33per > 2019-12-31 09:43 | Report Abuse

Runn

KIRASAF99

20 posts

Posted by KIRASAF99 > 2019-12-31 10:38 | Report Abuse

it's time to buy.. small fish start running..

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-31 10:39 | Report Abuse

Idss making money

Posted by BollingerManAnalyst > 2019-12-31 14:49 | Report Abuse

@tenson Tang i wanna ask the same question... why ya?

hng33

20,513 posts

Posted by hng33 > 2019-12-31 15:29 | Report Abuse

bought Rsawit at 43sen

Posted by Sarawakians > 2019-12-31 15:55 | Report Abuse

MediaC not same boss? Why only 23 sen?

Posted by Sarawakians > 2019-12-31 15:56 | Report Abuse

MediaC confirmed make money not RSawit.

James Ng

2,707 posts

Posted by James Ng > 2019-12-31 19:21 | Report Abuse

https://klse.i3investor.com/blogs/general/2019-12-31-story-h1481978952.jsp
[转贴] [Facebook live video:浅谈Rimbunan Sawit bhd (Rsawit)] - James的股票投资James Share Investing

JWLL1668

235 posts

Posted by JWLL1668 > 2019-12-31 22:24 | Report Abuse

Last trading day, lock in profit and take a break.
MYR appreciate too fast, not a good sign for CPO
Happy New Year everybody!

HrryPttr

1,975 posts

Posted by HrryPttr > 2019-12-31 22:29 | Report Abuse

Goreng to escape :D

upsidedown119

4,326 posts

Posted by upsidedown119 > 2020-01-01 16:40 | Report Abuse

Oh no! Front-running one-night-stand hng33 is here! Please go somewhere else. Don't spoil RSawit. Or keep your peace please unless you got useful info. Nobody's interested on your orgasmic ins and outs.

hng33

20,513 posts

Posted by hng33 > 2020-01-02 09:08 | Report Abuse

sold back RS at 44sen

Sky Liew

940 posts

Posted by Sky Liew > 2020-01-02 09:29 | Report Abuse

Will normal adjust some ba t

Posted by LoseKing_gg > 2020-01-02 10:01 | Report Abuse

Only rsawit no fly.. Gg la

EZMONEY13

299 posts

Posted by EZMONEY13 > 2020-01-02 15:22 | Report Abuse

Bought rsawit at Rm4.40

Huntsman

155 posts

Posted by Huntsman > 2020-01-02 15:47 | Report Abuse

Big fish and small fish already sold. Still got chance meh to go up again? Maybe big shark still waiting for opportunities?

Banditos

698 posts

Posted by Banditos > 2020-01-02 21:25 | Report Abuse

pang has arrived. go smoke first. lolz

hng33

20,513 posts

Posted by hng33 > 2020-01-03 10:36 | Report Abuse

bought back RS at 42.5sen

hng33

20,513 posts

Posted by hng33 > 2020-01-03 10:42 | Report Abuse

add more RS at 43sen

hng33

20,513 posts

Posted by hng33 > 2020-01-03 10:44 | Report Abuse

Jaya Tiasa in 2015 purchase 140 million RSawit shares, or a 9.87% stake for RM70mil cash

TheGreg

59 posts

Posted by TheGreg > 2020-01-03 10:49 | Report Abuse

Rsawit and Jayatiasa belongs to same Tiong Family......is best they can merge to become Sarawak largest planted oil palm plantation.

hng33

20,513 posts

Posted by hng33 > 2020-01-03 15:53 | Report Abuse

add more at 40-41.5sen

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