RIMBUNAN SAWIT BHD

KLSE (MYR): RSAWIT (5113)

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Last Price

0.235

Today's Change

-0.005 (2.08%)

Day's Change

0.23 - 0.24

Trading Volume

2,349,800


18 people like this.

2,730 comment(s). Last comment by NonameAS 2 days ago

lee_m2020

4,769 posts

Posted by lee_m2020 > 2020-02-05 11:18 | Report Abuse

0.315 pls!!!!

zhm540

2,451 posts

Posted by zhm540 > 2020-02-05 16:13 | Report Abuse

tomorrow 35s....

matg

994 posts

Posted by matg > 2020-02-05 16:54 | Report Abuse

nice closing.. can BTST

BHOng16

2 posts

Posted by BHOng16 > 2020-02-05 21:10 | Report Abuse

Pakistan gv a positive feedback.. Tml can up to 0.33s

Posted by ALANTIGER86 > 2020-02-06 09:51 | Report Abuse

Wish today can up above 0.33 cents.

matg

994 posts

Posted by matg > 2020-02-06 11:30 | Report Abuse

sell 1st la lock popit and buy again lower on correction

Posted by smallplayernia > 2020-02-10 18:17 | Report Abuse

insider kept selling u all tak takut?

zainal84

44 posts

Posted by zainal84 > 2020-02-14 17:05 | Report Abuse

Media Chinese Intl, RSawit see off-market trades
TheStar Fri, Feb 14, 2020 02:56pm - 2 hours ago



Media Chinese International Ltd (MCIL) and Rimbunan Sawit Bhd (Rsawit) saw their shares transacted in off-market deals on Friday, which were significantly below their closing prices on Thursday.

KUALA LUMPUR: MEDIA CHINESE INTERNATIONAL LTD (MCIL) and RIMBUNAN SAWIT BHD (Rsawit) saw their shares transacted in off-market deals on Friday, which were significantly below their closing prices on Thursday.

Stock market data showed that 39.4 million shares of MCIL were transacted at eight sen each, or 13 sen below the closing price of 21 sen on Thursday.

The shares accounted for 2.3% of the issued shares of 1.687 billion units.

As for plantation company RSawit, there were 25.95 million shares traded off market at 16 sen each or 14.5 sen below Thursday's close of 30.5 sen.

The 25.95 million shares accounted for 1.83% of its issued shares of 1.418 billion units.

MCIL and RSawit have some common shareholders. MCIL is a publisher of Chinese-language newspapers in Hong Kong, Malaysia, the US and also Canada and China.

In MCIL, Progresif Growth Sdn Bhd owns 17.57% and CONCH Co. Ltd 15.05% while Tan Sri Tiong Hiew King has a direct stake of 5.12% and Teck Sing Lik Enterprise 3.87%.

He is the chairman of MCIL and also the founder and chairman of the Rimbunan Hijau Group, a timber company which owns 0.92% of MCIL.

Tiong also hold a 0.17% direct stake in RSawit. The major shareholders are Tiong Toh Siong Holdings Sdn Bhd with a a 18.16%, Multi Greenview Sdn Bhd 9.87% and Rimbunan Hijau Southeast Asia 8.05% while Teck Sing Lik Enterprise 6.72%.

Tiong is the executive chairman of Rimbunan Hijau Group.

emil

1,428 posts

Posted by emil > 2020-02-16 22:56 | Report Abuse

Rsawit limit down as off market transaction value only 16sen each....
price will go back to 18sen, Beware!!

mala173318

1,376 posts

Posted by mala173318 > 2020-02-17 10:27 | Report Abuse

Limit down allready haha

Posted by trading2019 > 2020-02-21 19:56 | Report Abuse

Q3's CPO was averaging around RM2.3K per metric ton while Q4's CPO ws RM2.9K per metric ton. So tell me, what's the odd of this coming QR turning out worse than the last one?

dasm1284

74 posts

Posted by dasm1284 > 2020-02-23 14:41 | Report Abuse

from its Q3 commentary: Commentary on Prospects
CPO price is expected to strengthen towards the year end in view of the lower than expected FFB production coupled with expectation of higher demand arising from the implementation of higher biodiesel usage next year

The Group recorded gross profit of RM8.2 million for the current quarter as compared to previous year’s gross loss of RM2.0 million as plantation costs have been sequestered and further rationalized. As such, year-to-date gross loss reduced by 78.2% as compared to corresponding period in 2018.

their NTA is RM0.29! downside limited?

Joon Chan

108 posts

Posted by Joon Chan > 2020-02-24 18:40 | Report Abuse

fraud companies, fraud accounts, now I know.
they make money, but don't report that they do.

Posted by Jacky Lim Hung Sheng > 2020-02-24 18:46 | Report Abuse

NTA is 0.27 now....Once CPO is stabilized, this counter will be benefited right?

Joon Chan

108 posts

Posted by Joon Chan > 2020-02-24 18:49 | Report Abuse

somehow they always sell CPO cheaper vs other companies.
somehow they have doubled admin expenses when everyone else stayed the same.
somehow they have 2x more yield reduction vs other companies
manage to do all this despite having trees entering prime...

dasm1284

74 posts

Posted by dasm1284 > 2020-02-25 16:10 | Report Abuse

share price steady

Posted by LemonLimeSour > 2020-02-27 11:18 | Report Abuse

Top up

lee_m2020

4,769 posts

Posted by lee_m2020 > 2020-03-03 11:05 | Report Abuse

nett loss company...

Quickgain

104 posts

Posted by Quickgain > 2020-03-03 20:35 | Report Abuse

This better than Tdm

azta12

5,594 posts

Posted by azta12 > 2020-03-05 09:22 | Report Abuse

nice , and keep steady

Posted by LemonLimeSour > 2020-03-05 10:38 | Report Abuse

Go go go

Jnlee

293 posts

Posted by Jnlee > 2020-03-05 11:33 | Report Abuse

why up today?can someone explain

Quickgain

104 posts

Posted by Quickgain > 2020-03-05 11:53 | Report Abuse

nowaday announced profit counter all big drop !!! loss money counters all goreng !!

vcinvestor

403 posts

Posted by vcinvestor > 2020-03-05 14:01 | Report Abuse

@Quickgain, i totally agree. Am completely confused by the market's interest in this lossmaking plantation counter (if this counter couldn't even report an operating profit when CPO prices were in the high 2000s, it will surely be worse in 1Q2020)

hope88

16 posts

Posted by hope88 > 2020-03-05 18:32 | Report Abuse

india n new govm no more diao cou,become good buddy again..tmr will back to normal range ..run again from this counter..but...i will.be back

ykloh

509 posts

Posted by ykloh > 2020-03-05 23:09 | Report Abuse

cpo price up.

absalom

54 posts

Posted by absalom > 2020-03-06 09:46 | Report Abuse

If want to invest in a plantation stock, I am sure people can do better than this, way better. Choose people with integrity to trust your money with.

Teh1989

80 posts

Posted by Teh1989 > 2020-03-06 10:56 | Report Abuse

Run..

xuxu

5,512 posts

Posted by xuxu > 2020-03-06 12:10 | Report Abuse

nowaday very difficult to buy stock lah, up 1 day then drop back

NAZRIN93

94 posts

Posted by NAZRIN93 > 2020-03-06 17:06 | Report Abuse

up also small dont want sell, then drop

Bob02

10 posts

Posted by Bob02 > 2020-03-10 10:15 | Report Abuse

You wanna play malaysia company stock, you need to see whos running the show in the company.

noreason

65 posts

Posted by noreason > 2020-03-12 10:59 | Report Abuse

CPO outlook not good today, please stay sideline

lee_m2020

4,769 posts

Posted by lee_m2020 > 2020-03-16 11:54 | Report Abuse

To rebound very soon... Rock bottom already...

lee_m2020

4,769 posts

Posted by lee_m2020 > 2020-03-16 11:54 | Report Abuse

How lower this price can go?

Depeche

4,449 posts

Posted by Depeche > 2020-03-16 21:56 | Report Abuse

0.10 and below...so many cheap and good counters to consider...the bet is which sector recovers first....and which sector yet to find bottom.

wudmec

254 posts

Posted by wudmec > 2020-03-26 14:53 | Report Abuse

congrats new gov..

shawn88

198 posts

Posted by shawn88 > 2020-04-08 12:49 | Report Abuse

Today tp 0.255

kasrim

2,491 posts

Posted by kasrim > 2020-04-09 10:24 | Report Abuse

time to buy plantations stock.. puasa coming!

pamie

274 posts

Posted by pamie > 2020-04-23 13:14 | Report Abuse

Today got more than 20 alert notices of Bursa announcement, regarding one of holder (Mr Tiong) in Rsawit disposed his shares. Disposal made between Oct-Dec2019. Why the announcementsss made on 23rd April 2020?

Posted by newcomer1388 > 2020-04-29 11:13 | Report Abuse

dispose all shares... mad man

kasrim

2,491 posts

Posted by kasrim > 2020-04-30 15:44 | Report Abuse

buy now.. kalau tak hari ini bila lagi?

nab8080

24 posts

Posted by nab8080 > 2020-05-04 09:16 | Report Abuse

good performance

Posted by PresidentRotiCanai > 2020-05-04 09:50 | Report Abuse

Many palm oil counter on top 30

Kent33888

109 posts

Posted by Kent33888 > 2020-05-04 20:11 | Report Abuse

Get earn 1st wave, still got second wave missed , do you hope for third? Change target 1st....short term this counter will not so active, won't breakout your dream for short term investor.

tressele

1,498 posts

Posted by tressele > 2020-05-05 17:19 | Report Abuse

Soon! Good chart

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