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 13 hours ago

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-05-24 20:32 |

Post removed.Why?

Sales

3,281 posts

Posted by Sales > 2021-05-24 21:20 | Report Abuse

Every qtr making loss, still consider good???

Taeyeon09

212 posts

Posted by Taeyeon09 > 2021-05-24 21:27 | Report Abuse

Rsawit will see q2 earning to be better than q1. Jan to march cpo price relatively lower.. compare to april to May.. hopefully june cpo can maintain >4000, may be NP will improved by 20 to 30% compare to q1.

densim

284 posts

Posted by densim > 2021-05-25 15:19 | Report Abuse

interesting...Price is holding...Vol is high...Is there something brewing....

tradersampah

1,081 posts

Posted by tradersampah > 2021-05-31 10:42 | Report Abuse

sabar itu indah, soon 50sen

densim

284 posts

Posted by densim > 2021-06-08 17:25 | Report Abuse

1Qtr lost 8.83m but NAPS 0.19, up 0.01. Interesting, can an accountant explain this ?..

tradersampah

1,081 posts

Posted by tradersampah > 2021-06-11 10:15 | Report Abuse

NAPS meaning what?

densim

284 posts

Posted by densim > 2021-06-11 14:26 | Report Abuse

Net Asset Per Share...

BilisMasin

966 posts

Posted by BilisMasin > 2021-06-23 00:19 |

Post removed.Why?

harnam

36 posts

Posted by harnam > 2021-07-06 12:30 | Report Abuse

any news on this share...losing so much

abufaaz

17 posts

Posted by abufaaz > 2021-07-07 01:08 | Report Abuse

Still waiting the good news

Plantermen

2,253 posts

Posted by Plantermen > 2021-07-19 16:27 | Report Abuse

Never moves

calvintaneng

56,889 posts

Posted by calvintaneng > 2021-07-29 00:00 | Report Abuse

GOOD NEWS FOR RSAWIT

MALAYSIA JUNE 21 EXPORT STATISTIC SHOWS THAT PALM OIL AT 33.3% GROWTH HAS OVERTAKEN OTHER GOODS, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-28-story-h1568845602-MALAYSIA_JUNE_21_EXPORT_STATISTIC_SHOWS_THAT_PALM_OIL_AT_33_3_GROWTH_HA.jsp

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-29 00:38 | Report Abuse

hahhah ya meh

calvintaneng

56,889 posts

Posted by calvintaneng > 2021-07-30 07:57 | Report Abuse

Insider started buying Rsawit on the quiet
Good days are ahead

Posted by baby snake > 2021-08-13 09:01 | Report Abuse

Accumulation since May..... sector taking turns..

madguy

674 posts

Posted by madguy > 2021-08-13 09:31 | Report Abuse

go go go pls

madguy

674 posts

Posted by madguy > 2021-08-13 09:49 | Report Abuse

who so noob doing the selling zzz

madguy

674 posts

Posted by madguy > 2021-08-16 04:54 | Report Abuse

@harnam whats ur entry price ??? this one i lose abit only

madguy

674 posts

Posted by madguy > 2021-08-19 23:02 | Report Abuse

when this counter wan up ?? lol

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-20 08:58 |

Post removed.Why?

densim

284 posts

Posted by densim > 2021-08-24 17:57 | Report Abuse

I just cannot fathom this company...Has hugh land bank & at such high CPO prices & not make any money...

Jnlee

305 posts

Posted by Jnlee > 2021-08-24 18:10 | Report Abuse

I think the profit they put in their pocket

Jnlee

305 posts

Posted by Jnlee > 2021-08-24 18:11 | Report Abuse

No way they still making lost

Jnlee

305 posts

Posted by Jnlee > 2021-08-24 18:12 | Report Abuse

All the individuals planter r laughing to the bank now

madguy

674 posts

Posted by madguy > 2021-08-25 05:34 | Report Abuse

so today pls rocket ....

stockraider

31,556 posts

Posted by stockraider > 2021-08-25 07:38 | Report Abuse

Go for it

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-25 08:40 |

Post removed.Why?

Sales

3,281 posts

Posted by Sales > 2021-08-25 08:55 | Report Abuse

How come still making losses???

Sales

3,281 posts

Posted by Sales > 2021-08-25 08:59 | Report Abuse

You guys promote this stock since last year and every quarter making losses. Don't you think is funny.

Posted by Philip ( buy what you understand) > 2021-08-25 16:07 | Report Abuse

My smallholding plantation made more money than rsawit this quarter, and I am retired...meanwhile pchem 900% YoY. why buy lousy short term stocks, when you can stick with long term monsters ?

>>>>>

calvintaneng Insider started buying Rsawit on the quiet
Good days are ahead
30/07/2021 7:57 AM

Posted by Jonathan Keung > 2021-08-30 16:19 | Report Abuse

All planters laughing why Rsawit still bleeding

Posted by Jonathan Keung > 2021-09-01 18:42 | Report Abuse

Rsawit still tidur

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-09-02 07:53 | Report Abuse

From SEE_ Research

" CRAZY AMOUNT OF SHARES BOUGHT , "
NON STOP BUYING ORDERS " another IJM Plantation ---
T ENACIOUS S AMSON H ERCULES ( TSH )


sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 =
21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00
almost RM 23.6 millions onwards


==========================================================================

REAL MOTIVES OF INSIDER IS BUYING





A potential indicator of a stock’s future performance is the level of stock that insiders are buying.
In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital.
Their access to non-public information puts more weight on their buying and selling decisions. With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason.

That is, they believe that information is going to be released that will boost the stock price in the near future.

Or , the next step is to take the company into serious consideration for private exercise.



Let us endeavour to find the



REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -

AT CHAIRMAN LEVEL -



KELVIN TAN AIK PEN ----



MASSIVE CONTINUOUS BUYING ORDERS

(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )



NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .



sub total : number of TSH shares bought from

1 March 2021 to


1 September 2021 =


21,850 ,000 shares




( 21,850 lots X average prices RM 1.08 = RM


23,598,000.00




almost RM 23.6 millions onwards



THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE.

Please note at this current time the KLSE market conditions are not favourable

in view of political uncertainties and

also the economic conditions , coupled with the cases of Covid -19

are on the increase thus creating poor sentiments in KLSE.

===========================================================================
https://klse.i3investor.com/blogs/see_research/2021-09-02-story-h15706...

===========================================================================

Posted by Jonathan Keung > 2021-09-09 10:53 | Report Abuse

Any news on RSawit ?

Posted by terrytam > 2021-09-10 16:39 | Report Abuse

this is a garbage company. the gearing so high, how can it sustain? if it liquidates most of its assets, it is left with nothing by then and can get delisted.

mhanaS

213 posts

Posted by mhanaS > 2021-09-22 22:25 | Report Abuse

Today RSAWIT went to 21½sen before managing to recover to 22½sen. This is a far cry from 29sen in May 2021. Time to collect.

Posted by Jonathan Keung > 2021-09-23 11:18 | Report Abuse

Rsawit really underperforming despite high CPO prices

nkk0819

33 posts

Posted by nkk0819 > 2021-09-24 14:24 | Report Abuse

Buy this cheap stock and don,' t expect to lose much

mhanaS

213 posts

Posted by mhanaS > 2021-09-24 17:42 | Report Abuse

Sentiment is temporary. This is a very good time to collect.

AdCool

3,864 posts

Posted by AdCool > 2021-09-27 11:44 | Report Abuse

Indeed Rsawit did not deliver as per the industry and peers. No wonder the market is selling it and go for other palm oil counters. The high cost of sales (90%-105% of revenue) and impairments are killing this company yearly. Rsawit needs to contain and lower their cost significantly to make profits. The high price of CPO wont save it if it cont to incur high cost of sales as the high price is only cyclical. Prior to 2011, the cost of sales was around 50-60% of revenue. Next it keeps increasing and Rsawit no longer can make profit. It reflected in the share price at it started to drop from around rm1.20 since 2012 to 0.2 now since there is no improvement at all on cost of sales but worsen.

fusing79

120 posts

Posted by fusing79 > 2021-09-28 22:05 | Report Abuse

why their cost of sales so high?

AdCool

3,864 posts

Posted by AdCool > 2021-10-01 10:42 | Report Abuse

Cost of sales high means they can't manage the cost well lah or the way they work is inefficient or there are lot of leakages and wastages in their operation or the directors pay themselves and their senior management highly regardless of the bad performance.

mhanaS

213 posts

Posted by mhanaS > 2021-10-02 19:19 | Report Abuse

Managed to average down and collect at 21½sen yesterday. All these news of the prospect of small holding takeovers should put companies like RSawit in the limelight, no?

mhanaS

213 posts

Posted by mhanaS > 2021-10-03 22:51 | Report Abuse

CPO futures likely to undergo technical correction next week
Siti Noor Afera Abu
/
Bernama

October 02, 2021 10:34 am +08

CPO futures likely to undergo technical correction next week
-A+A
KUALA LUMPUR (Oct 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is poised for a technical correction next week following the uncertain price movement this week, dealers said.

Interband Group of Companies senior palm oil trader Jim Teh said the price was expected to hover between RM4,100 and RM4,200 per tonne with more physical buyers anticipated next week.

He said demand was projected to increase next week, which would reduce the stocks level.

“Besides physical buyers, the market pattern next week will also be influenced by paper trading," he told Bernama.

Meanwhile, Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said CPO trading would be focused on production and cue from soybean oil on the US Chicago Board of Trade next week.

“The launch of the East Malaysia Crude Palm Oil Futures (FEPO) contract by Bursa Malaysia will make news.

“Malaysian September supply and distribution estimates will also be out,” he said.

kelvin61

826 posts

Posted by kelvin61 > 2021-10-05 15:07 | Report Abuse

This Sarawakian family is doing a bad job in managing the Oil Palm business. They're good at the timber and plywood business but is a failure in the oil business. Suggest they sell this business and make capital repayment to shareholders if they can't turnaround the business eventhough the CPO prices are at record high which is not sustainable in the long run.

newbie9893

2,443 posts

Posted by newbie9893 > 2021-10-05 16:30 | Report Abuse

plantation sector will be the next theme to play...still not too late to buy now

newbie9893

2,443 posts

Posted by newbie9893 > 2021-10-05 16:34 | Report Abuse

buy sarawak counters now...rsawit, jtiasa, subur, big, cmsb,scib

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