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 16 hours ago

bulldog

12,157 posts

Posted by bulldog > 2020-08-26 17:23 |

Post removed.Why?

Rishi

372 posts

Posted by Rishi > 2020-08-26 17:47 | Report Abuse

There will be a good push in term of price and please start your car engine and you may stop anywhere you like. There is a good pattern of reversal in the chart. :)

Posted by brutusbeefcake > 2020-08-26 18:19 | Report Abuse

already break the support. cut loss. later wil go to 19 cent

JK22

1,789 posts

Posted by JK22 > 2020-08-26 22:04 | Report Abuse

You don't even know what capital reduction is , so advisable to stop giving any suggestion base on your own personal opinion

ykloh

518 posts

Posted by ykloh > 2020-08-27 00:39 | Report Abuse

I think no reduction in number of shares. Just reduction in the amount of paid up capital.

bulldog

12,157 posts

Posted by bulldog > 2020-08-27 12:39 |

Post removed.Why?

bulldog

12,157 posts

Posted by bulldog > 2020-08-28 11:29 |

Post removed.Why?

ZStrader

832 posts

Posted by ZStrader > 2020-08-28 16:57 | Report Abuse

switch to others Plantation stock much better. Jtiasa look good

bulldog

12,157 posts

Posted by bulldog > 2020-09-01 20:50 |

Post removed.Why?

JK22

1,789 posts

Posted by JK22 > 2020-09-07 11:00 | Report Abuse

CPO price up , this counter price down..

ZStrader

832 posts

Posted by ZStrader > 2020-09-07 11:34 | Report Abuse

thplantation much better

TheSecret

658 posts

Posted by TheSecret > 2020-09-15 21:32 | Report Abuse

Top 10 reasons why Palm oil stocks will go into a bull run

1. China hit by 3 massive typhoons in its North-West. Heilongjiang the bread basket of China has been flooded. It's soybean crops are destroyed

2. As a result China must buy soybean from Usa.

3. Last year China swine fever wiped off many pigs. Soybean is also needed as feedmeal for pigs

3. Us now in drought as soybean production is less.

4. Argentina and Brazil soybean crops won"t be ready until Feb 2021

5. So with increasing demand and dwindling supply soybean prices are rocketing upward

6. Soybean going up will pull up palm oil as their prices are co-related

7. India now will turn to cheaper palm oil as soyoil becomes too expensive

8. Malaysian palm oil stocks are depleting due to lack of Indonesia workers due to mco
Again less stock means higher prices

9. Last quarter result of March to May cpo prices were weak. Buy cpo prices have surged from June to August quarters so palm oil stocks are expected to report very good results in Nov 2020

10. Best of the best now in Sept 2020 soybean oil has almost reached Usd35.00 and Cpo future going to cross Rm3,000 barrier

All these converging factors will propel palm oil stocks into bull run just like coronavirus powered up medical gloves

Buy early before others are aware

Bplant
Wtk
Jtiasa
Tdm
Mhc
Cepat
Hs plant
Chinteck if you can hold longer term

All are excellent buys

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-18 11:51 | Report Abuse

Sold 305..Tq

bulldog

12,157 posts

Posted by bulldog > 2020-09-18 12:57 |

Post removed.Why?

Posted by dolphin8838 > 2020-09-18 14:19 | Report Abuse

CPO futures @ RM3,400.00, Bumper time coming our of the shadows of Gloves stocks. Collect & play at least till early december 2020.

Woodswater

3,779 posts

Posted by Woodswater > 2020-09-19 09:44 | Report Abuse

Mikecyc haha woodswater selling chu chang fun earned ke ..
19/09/2020 5:27 AM

Hard earn la , boss
During MCO is okay
Now drop but still can cover
Tqvm
19/09/2020 9:30 AM

Mikecyc haha Plantations pick : MHC , TSH , JTIASA


coming the way PLANTATIONS stoks lime TDM, RSAWIT, JTIASA, BPLANT, WTK.......
Posted by Woodswater

---------------------------------------------------------------------

Wow, seems like



Mikecyc Own Homework , Own Analysis , Own DecisionS ..

Si-fool mickey MOUTH is always right
Jtiasa

After i sell ass all in HLT promoted by si-fool now shy shy away liao
This time i double pawn + double sell my ass to all in Jtiasa liao

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/2016-03-09-story-h54184891-IN_THE_LAND_BELOW_THE_WIND_IS_A_GIANT_TREASURE_JAYA_TIASA_Now_On_Powerful.jsp


Really appreciated advice n info by si-fool mickey MOUTH
king of investment in KL死矣

Cheers
Wakakakaka

TheSecret

658 posts

Posted by TheSecret > 2020-09-19 11:50 | Report Abuse

Soybean is co related with palm oil

Because if soybean price is up it will be more expensive for soy oil

And India cannot afford to buy expensive soybean oil will then buy the cheaper palm oil

And if demand for palm oil goes up so will be its selling prices

That is why China after 5 typhoon got to buy up all corn and soybean from world markets in panic

This will last for at least 6 months till next soybean harvests from Argentina and Brazil in the southern hemisphere while the North is going into winter months

And then palm oil will reign as king as there is no competing vege oil around

Palm oil stocks will go into a 6 months Bull run from now

It might turn into a Superbull if Both Argentina and Brazil soyoil crops fail due to drought

So just buy and hold all palm oil stocks for at least 3 to 6 months

This is a sure fire winner for holding precious palm oil shares now.

Woodswater

3,779 posts

Posted by Woodswater > 2020-09-20 09:57 | Report Abuse

利多因素齊聚!大豆價格可能飆升至6年高點

鉅亨網
鉅亨網編譯許家華
鉅亨網2020年9月19日
隨著反聖嬰現象 (LaNiña) 造成全球氣候異常,全球大豆供應將更加緊繃。

反聖嬰現象是太平洋中東部海水異常變冷的情況,可能影響全球天氣以及各地的農作物。

近期因中國需求增加,大豆價格已大幅上漲至 2 年高點,如今可能因天氣影響而使產量下降再進一步推高價格。

芝加哥商品交易所 11 月黃豆期貨週四收高 17-1/4 美分,每蒲式耳 10.28-1/2 美元,此前觸及 10.32-1/4 美元,為自 2018 年 5 月以來最高價格。

今年迄今大豆價格已上漲近 8%,且自 3 月低點大漲了 25%,與大盤走勢背道而馳。彭博大宗商品指數 (BCOM-US) 今年迄今下跌近 11%,而彭博大豆分指數今年迄今上漲近 4%。

發行 ETF 的 GraniteShares 投資組合經理 Jeff Klearman 表示,在今年反彈之前,大豆處境艱困,面臨包括「中國新冠病毒和非洲豬瘟挫傷需求、全球預計供應過剩、以及美元強勢」等不利因素。

Klearman 指出,全球各地的肉類加工廠被迫關閉以防止新冠病毒傳播,進而降低了牲畜與豬肉的需求,因此用來作為動物飼料的大豆需求也隨之下降。

Klearman 表示,今年美元走疲、美國中西部的天氣乾旱、中國需求強勁、肉品加工廠復工,以及中國的豬瘟威脅「減輕」,這些全部有助於推動大豆價格上漲。

Teucrium 交易公司總裁 Sal Gilbertie 指出,中國一直是大豆的主力買家,甚至在一定程度上可以用來避免中美貿易摩擦加劇。截至 8 月底的 2019-2020 農事年,中國大豆進口量創下 9800 萬公噸紀錄,預計 2020-2021 農事年也會再次刷新紀錄,一些人甚至估計會超過 1 億公噸。

Gilbertie 指出,中國農作物產量遭天氣影響而下降,且中國「積極地」重建豬群數量,因此中國夏季對農產品的需求「異常大量」,倘若中國生產問題比預期更嚴重,全球大豆供需狀況將更加緊繃。同時,中國習慣在價格低檔時買進作為策略庫存。

Gilbertie 預期,2020-2021 期末全球大豆庫存,或滿足需求後剩餘的供應量應為 9359 萬噸,較上一期下降 17%,「對這樣重要的大宗商品而言,這個下降比例相當巨大。」

國家海洋和大氣管理局本月 10 日表示,反聖嬰現象的氣候模式已經形成,預計整個冬天都會持續此氣候,這進一步加劇市場對供應緊張的擔憂,因為大豆生產中斷的可能性上升。

Gilbertie 指出,大豆供應量緊張已經讓價格上升至「貿易戰前多年的交易範圍,每蒲式耳 9 至 12 美元之間。」

Daniels Trading 高階商品經紀人 Craig Turner 估計,若發生極端的反聖嬰現象,大豆價格可能飆升至每蒲式耳 13 美元或以上。大豆期貨價格自 2014 年以降尚未見如此高價水準。

「如果南美因為反聖嬰現象有實質嚴重的生產問題,那麼全球大豆市場恐被迫進行劇烈的價格配給。」

kelvin61

826 posts

Posted by kelvin61 > 2020-09-20 14:02 | Report Abuse

Recently, RSawit sold two loss making estates due to low yield per hectare. The sales proceeds will be used to retire some of the borrowings and invariably result in interest saving. The management is quietly confident of a turnaround after the bad ones have been disposed off coupled with good CPO prices currently. Their action of reducing the accumulated losses from the books is a precursor in franking out dividends once they're back to profitability. If CPO prices can sustain above RM3k per ton, RSawit will be able to record decent profits. Stay invested on the recovery story, cheers.

zamriia

89 posts

Posted by zamriia > 2020-09-21 08:46 | Report Abuse

no profit for the past few quarter is it

Ivan89

1,479 posts

Posted by Ivan89 > 2020-09-21 09:37 | Report Abuse

wowo

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-21 10:09 | Report Abuse

Sold 335 Tq gyus

pang72

51,983 posts

Posted by pang72 > 2020-09-21 11:41 | Report Abuse

Sudah Bo lat

mf

29,385 posts

Posted by mf > 2020-09-21 11:43 | Report Abuse

3093
D
MYR
+13 (+0.42%)
MARKET OPEN (SEP 21 11:27 UTC+8)
3080
PREV
3091
OPEN
7.129K
VOLUME
3075 — 3104
DAY'S RANGE

mf

29,385 posts

Posted by mf > 2020-09-21 11:48 | Report Abuse

3093
D
MYR
+13 (+0.42%)
MARKET OPEN (SEP 21 11:27 UTC+8)
3080
PREV
3091
OPEN
7.129K
VOLUME
3075 — 3104
DAY'S RANGE

mf

29,385 posts

Posted by mf > 2020-09-21 11:52 |

Post removed.Why?

stitch88

18 posts

Posted by stitch88 > 2020-09-21 12:36 | Report Abuse

Good volume..once break 0.33 will flyyyyy

mf

29,385 posts

Posted by mf > 2020-09-21 14:26 | Report Abuse

US 30 Futures 27,428.5 -173.5

stitch88

18 posts

Posted by stitch88 > 2020-09-21 15:42 | Report Abuse

Why so fast gg?

hng33

20,513 posts

Posted by hng33 > 2020-09-21 16:33 | Report Abuse

bought Rsawit at 29sen

mf

29,385 posts

Posted by mf > 2020-09-21 20:27 | Report Abuse

21-Sep-2020 Insider MULTI GREENVIEW SDN. BHD. (a substantial shareholder) disposed 4,000,000 shares on 18-Sep-2020.
21-Sep-2020 Insider TIONG TOH SIONG HOLDINGS SDN. BHD. (a substantial shareholder) disposed 4,000,000 shares on 18-Sep-2020.
21-Sep-2020 Insider TAN SRI DATUK SIR DIONG HIEW KING @ TIONG HIEW KING (a substantial shareholder) disposed 4,000,000 shares on 18-Sep-2020.
21-Sep-2020 Insider JAYA TIASA HOLDINGS BERHAD (a substantial shareholder) disposed 4,000,000 shares on 18-Sep-2020.
21-Sep-2020 Insider MR TIONG CHIONG ONG (a company director) disposed 30,000 shares at 0.310 on 18-Sep-2020.

Posted by Fadzli Alias > 2020-09-21 20:34 | Report Abuse

FCPO price retrace a bit..... if FCPO rebound, it will follow rebound.....same as usual...

kelvin61

826 posts

Posted by kelvin61 > 2020-09-22 07:44 | Report Abuse

Major shareholders has been selling some shares in open market for pocket money. They're still holding very substantial stake of more than 50%. In fact, if they want to sell out, it will unlock the value of the plantation assets. A better management will be able to do justice for the oil palm estates and minorities can cash out for a fair price, cheers.

Posted by dolphin8838 > 2020-09-22 15:53 | Report Abuse

How can Rimbunan Hijau becoming a lost making company ? Allocated vast lands in Sarawak for Oil palm planting.. Why SOP can do better ?
I say this little, only.

TheSecret

658 posts

Posted by TheSecret > 2020-09-22 19:10 | Report Abuse

The year was 1996. The Asian Stock Markets Were in the Hottest Euphoria. Amost every one was enjoying increasing profits. Many have resigned from their jobs to do full time trading in the stock market. Stock market tips and conversations were the order of the day. Everywhere in offices, homes, coffee shops, markets, eating places people talked only about the next “Limit Up” stocks.

In every trading Hall or Room there is no available seats. In RHB Bank HQ there isn’t even standing room. Cramped, jammed and packed with traders and specualtors from all walks of life. It Was The GoGo Years Before The Asian Financial Crisis!

One man stood out. Peter Lim of Singapore. He sold all his shares near the very peak and bought into just one counter – WILMAR the Plantation Stock.

On hindsight it was an uncanny but very accurate move. Next year in July 2nd 1997 George Soros attacked the Thai bath. The Thai bath collapsed and then contagion spread to Malaysia, Singapore, Hk, Korea, Indonesia – One by One Their Stock Markets Collapsed like tent pins.

At the height KLSE was 1332 and at the bottom it was only 262 points – A Crash of 81%

Nobody fully invested could have escaped such a carnage. It was a disaster for many. Tens of thousands went bankrupt. Many Banks & Financial Institutions were insolvent. Before the Asian Financial Crisis there were 49 Banks and Credit Companies in Malaysia. With the devastating carnage less than 10 Banks now standing. The rest became history.

Tycoon Peter Lim invested $10 millions into Wilmar – the plantation stock owned by Robert Kuok.

How come Peter was so “chun chun”? All $10 millions into one single stock. And he was right on target. Four years later in 2,000 Peter Lim “THE REMISIER KING” of Singapore sold his Wilmar shares for a cool $1.5 Billions!

So plantation stock investment if timed well can make you a billionaire!

As for Robert Kuok he became the Richest Man No. One in All of Malaysia with over Rm40 Billions.

Ha! Are we now entering another phase of market doom? Maybe yes or maybe no.

But This Is For Sure:

A POWERFUL EL NINO IS NOW ONGOING

Hmmm?

Let’s SEE if Plantation Stocks will create more millionaires and billionaires this round.

Posted by profit profits > 2020-09-23 07:55 | Report Abuse

Anybody can explain what is the story about capital reduction exercise proposed by rsawit

hng33

20,513 posts

Posted by hng33 > 2020-09-23 09:23 | Report Abuse

sold back RS at 28.5-29sen, free up capital first

maf1964

466 posts

Posted by maf1964 > 2020-09-26 10:36 | Report Abuse

Gilbertie 指出,大豆供應量緊張已經讓價格上升至「貿易戰前多年的交易範圍,每蒲式耳 9 至 12 美元之間。」

Daniels Trading 高階商品經紀人 Craig Turner 估計,若發生極端的反聖嬰現象,大豆價格可能飆升至每蒲式耳 13 美元或以上。大豆期貨價格自 2014 年以降尚未見如此高價水準。

Albukhary

3,053 posts

Posted by Albukhary > 2020-09-28 01:41 | Report Abuse

Rsawit is coming back.

This week can stand above RM0.30

Posted by Starbuckee > 2020-10-05 10:28 | Report Abuse

this counter, losing every quarter still worth so much? should be like parkson 10 cents

kelvin61

826 posts

Posted by kelvin61 > 2020-10-11 12:19 | Report Abuse

The value of RSAWIT is in the huge plantation landbank that it owns. The non performing ones are being sold off progressively, and this will create positive effects on the profitable units. They also owned 3 palm oil mills to cash in on the current high CPO price. Good entry at current low price, cheers.

MAM2020

92 posts

Posted by MAM2020 > 2020-10-11 12:49 | Report Abuse

i believe sawit related will rebound next week as momentum is gaining since last week

kasrim

2,493 posts

Posted by kasrim > 2020-10-12 10:56 | Report Abuse

wow dasyat punya untung.. haraga sawit melambung naik..

Posted by PositiveGreen > 2020-10-13 14:46 | Report Abuse

ok, time to break 0.30....tp 0.33

kasrim

2,493 posts

Posted by kasrim > 2020-10-13 15:00 | Report Abuse

sure upppppp!

tinkosong

42 posts

Posted by tinkosong > 2020-10-14 13:18 | Report Abuse

no fuel today..

ZamHP2

14 posts

Posted by ZamHP2 > 2020-10-14 21:29 | Report Abuse

too heavy

Posted by ranacinggey > 2020-10-15 12:03 | Report Abuse

apa ni.....lembik......news punya la gempakkkkk.....

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