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 17 hours ago

Posted by 8Bull8Watcher8 > 2020-11-25 15:39 | Report Abuse

"The Group achieved higher revenue of RM111.2 million, an increase of 38.0% from RM80.5
million on 30 September 2020. This was principally due to favourable growth in average
selling price on FFB, CPO and PK throughout the quarter by 44.5%, 35.9% and 29.7%
respectively where the average selling price for FFB, CPO and PK was at RM481, RM2,643
and RM1,349 for 3 months ended 30 September 2020 respectively."

Let see next QR report result when CPO above RM3,000

densim

284 posts

Posted by densim > 2020-11-25 16:58 | Report Abuse

this a Dark Horse...

Plantermen

2,253 posts

Posted by Plantermen > 2020-11-26 05:48 | Report Abuse

Kimhaolian. Me too. Sold FGV and switch to Rsawit. Looks like buying a not so hot horse

densim

284 posts

Posted by densim > 2020-11-26 14:44 | Report Abuse

I belive all profits has been expense out on planting and maybe buliding Mills...Unlike Jtiasa, WTK etc has Timer Biz, presently in doldrums that will drag down Palm Oil profits...

Sales

3,281 posts

Posted by Sales > 2020-11-30 16:24 | Report Abuse

Make some profit at Rsawit and go to TDM. Right timing.

Posted by Jonathan Keung > 2020-11-30 21:13 | Report Abuse

When the time comes, CPO hit new record , every plantation share will shine

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-11-30 21:50 | Report Abuse

Up 7.27% for rsawit

cheers!

1007227

16 posts

Posted by 1007227 > 2020-12-01 10:35 | Report Abuse

0.290 going down

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-01 15:50 | Report Abuse

MPOB additional $5 per tonne levy proposal dampen planters sentiment.

cbkia4896

937 posts

Posted by cbkia4896 > 2020-12-01 22:40 | Report Abuse

Acquired sastat holding. Is that why no profit?

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2020-12-02 17:46 | Report Abuse

Jtiasa sold all shares to who? WTF

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-03 06:52 | Report Abuse

Jtiasa & RH group all link to the tiong family

cbkia4896

937 posts

Posted by cbkia4896 > 2020-12-05 15:13 | Report Abuse

this operator flush, flush, flush, die die no one let this breakout... i sit here since august wait weh.. should have went for TDM

Posted by jenny jennyGL > 2020-12-07 12:23 | Report Abuse

Should follow TDM uptrend. Go..up ..up

kelvin61

826 posts

Posted by kelvin61 > 2020-12-07 23:13 | Report Abuse

RSawit is expected to record strong profit recovery in the last quarter of the year. This is because the ASP of CPO will be averaging RM3k and above, cheers.

Sales

3,281 posts

Posted by Sales > 2020-12-08 07:50 | Report Abuse

TDM make profit to pump into four hospital. So no benefit to shareholders. Have to wait for long term. So I think Rsawit better and the price is still low. GO! GO! GO!!!

Sales

3,281 posts

Posted by Sales > 2020-12-08 07:51 | Report Abuse

Rsawit related to Jtiasa.

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-08 16:24 | Report Abuse

why every palm oil counter go up but rsawit GO DOWN. dont understand

densim

284 posts

Posted by densim > 2020-12-08 19:11 | Report Abuse

SH selling shares is not a good sign....

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-12-10 08:08 | Report Abuse

densim SH selling shares is not a good sign....
08/12/2020 7:11 PM


HE HOLDING JTIASA: GO BUY JTIASA!


Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse

Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.


CORRECT!!

FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES

FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS

WHY?

ANSWER:

OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600

Let's calculate the Feb 2021 figure

October 30 days

November 30 days

December 31 days

Total days of last quarter for 2020 is 91 days

Today is 10th day of Dec

So 2 months & 10 days = 70 days

70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months

Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel

Conclusion:

PALM OIL NOW IN BULL RUN TREND

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-10 09:03 | Report Abuse

Plantation coynters in recovering mode not exactly a hot streak { bull run } maybe after another qtr result reporting

densim

284 posts

Posted by densim > 2020-12-10 21:06 | Report Abuse

calvintaneng...Knowing why a major SH is selling would be great...

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-12-11 08:27 | Report Abuse

BRENT CRUDE OIL OVER USD50 WILL BOOST BIODISEL USE WHICH IS GREAT FOR FGV & ALL PLANTATION STOCKS, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-11-story-h1537532377-BRENT_CRUDE_OIL_OVER_USD50_WILL_BOOST_BIODISEL_USE_WHICH_IS_GREAT_FOR_F.jsp

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-12-11 16:09 | Report Abuse

Rm3,721 Dec 2020 Fcpo

every plantation cost from Rm1600 to Rm1800

now making above Rm2000 per tonne

soon palm oil bull will turn into Superbull

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-12-11 16:35 | Report Abuse

RSAWIT GOT DEBT. BUT NO PROBLEM AS PROFIT AT HIGHEST CAN PARE DOWN DEBT

VERY GOOD QUALITY MAU SANG WANG DURIAN FOR ALL PLANTATION SHARES

AS FCPO DEC 2020 NOW AT AMAZING RM3,721

SEE https://www.youtube.com/watch?v=0_ySoCpqyGs
11/12/2020 4:33 PM

godhand

1,955 posts

Posted by godhand > 2020-12-11 16:36 | Report Abuse

bro tiong family throwing wor. still ask ppl buy

calvintaneng

56,891 posts

Posted by calvintaneng > 2020-12-11 16:39 | Report Abuse

Yes ah?

You so clever go buy Jtiasa the Giant Treasure!!

I got both!!

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-14 07:35 | Report Abuse

Without prejudice. the tiong family circle knows what exactly in store for rsawit or jtiasa. Both control by the family patriarch but one run by the son and the other by his daughter. Uptrend in CPO prices beneficial for all planters. family fortunes ties with timber, Plantation and properties

Posted by Forcepre7238 > 2020-12-20 21:44 | Report Abuse

Tmrw can fly??

Posted by i4investor > 2020-12-20 21:48 |

Post removed.Why?

awesome20

1,198 posts

Posted by awesome20 > 2020-12-20 21:50 | Report Abuse

Plantation gogogo

Posted by Forcepre7238 > 2020-12-21 17:14 | Report Abuse

Can’t fly

Posted by Hinglander > 2020-12-21 17:52 | Report Abuse

I'm very pity of those who bought this counter, now most of the plantation companies is making a lot of profits from last quarter but this company is still suffering huge losses, what else can you expect from this company. If you are still hoping this counter will fly than I advise you to dream for the cow could fly is more realistic.

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-23 18:43 | Report Abuse

today FCPO break 3,800

Sailangking

1,912 posts

Posted by Sailangking > 2020-12-26 16:45 | Report Abuse

cgg

pasito

42 posts

Posted by pasito > 2020-12-28 16:36 | Report Abuse

once up..then push down.. pls break 30 sen...then rally up... i want to celebrate my new year..

bulldog

12,157 posts

Posted by bulldog > 2020-12-28 19:15 | Report Abuse

Accumulation time

Huat chaiii

Legend

4,119 posts

Posted by Legend > 2021-01-01 10:30 | Report Abuse

Happy New Year 2021!

calvintaneng

56,891 posts

Posted by calvintaneng > 2021-01-04 08:51 | Report Abuse

VERY HAPPY NEW YEAR 2021

Posted by Jonathan Keung > 2021-01-04 10:37 | Report Abuse

Not a good start for Bursa . Loser outnumber gainers 9 :1

lching

1,404 posts

Posted by lching > 2021-01-04 16:45 | Report Abuse

major shareholder keep selling:(

Letsfly

336 posts

Posted by Letsfly > 2021-01-06 21:23 | Report Abuse

with 4040 closing cpo price, the plant bull cannot be stopped!!

calvintaneng

56,891 posts

Posted by calvintaneng > 2021-01-10 22:48 |

Post removed.Why?

aft7753

118 posts

Posted by aft7753 > 2021-01-11 05:20 | Report Abuse

Rsawit , TDM, Matang .........................still above 200 simple moving average

fusing79

120 posts

Posted by fusing79 > 2021-01-13 21:58 | Report Abuse

CPO price go up but plantation stock go down

densim

284 posts

Posted by densim > 2021-01-18 13:00 | Report Abuse

can someone pls post the FFB production ...

Posted by Jonathan Keung > 2021-01-20 18:16 | Report Abuse

Cooking oil prices higher except for the 1 litre plastic pack

tressele

1,498 posts

Posted by tressele > 2021-02-15 17:13 | Report Abuse

i will start collecting this slowly

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