big mistake when CPO price is at historical high! why suddenly d huge buy que disappeared? RSawit is just doing fine with d high CPO price n might declared a dividend this coming quarter!
RSawit is under Rimbunan Hijau Group, Sarawak. Its sisters' plantations, Subur Tiasa n Jaya Tiasa r both public listed companies in Bursa Malaysia. The group has 3 Palm Oil Mills in Sarawak. Rimbunan Hijau is also very active in Forestry n News Media!
Looking good after crossing 0.24, to those already jumped in and nver lost faith. Indeed, the stock quite slow to move yet on average return from starting till now still on par with other stocks.
Wait for the ER to be release then more to come. Hopefully, the trend would stay a little while for the first quarter. :)
Very badly managed. Ridiculous to close at losses at these sky rocket once a lifetime price. Can't imagine the incompetent management running the show. The whole bunch ought to be sacked.
COST OF SALES 169,907,000 JTIASA : Revenue 239,238,000 Cost of sales 138,508,000 why the cost of sales of rsawit is so high.... any accountant here can help ?
Supposedly, Rsawit should be more valuable than TDM. However, let's be confident that this share would soar higher. Technical analysis of EMA show golden crossing (Just today) where by other plantation stock happened way back. Besides, the buying volume has increased over the past 3 days.
Looking forward to break 0.28~0.29 resistance, once break then everyone can huat liao.
RSawit has 3 palm oil mill! if each mill production cost per ton CPO is rm1000/ton, u can just imagined d amount of profit with CPO price now around rm7500 per ton! i will not b concerned on their ffb production n cost per ton ffb!
RSawit has poor performance those years when CPO price was below rm3000/ton but not now as they hv revised their book losses n now moving towards higher profit coming quarters.
RSAWIT buys alot of outside crop for their own Mills' processing requirements due to very low yields emanating from their own estates. The current high cpo prices will accrue positively to their bottomline. I reckon RSAWIT will report positive result in Q1 Mar22 if the current high prices sustain. Due to this, RSAWIT may be the target for speculation soon, cheers.
We may at the wrong stock yet we still may find the way to profit along with the peer.
Others are shining due to their first choice of palm oil counter and having a good management company. However, you can't be exporting everyday or months easily because shortage would happens in a long run. Next, that's where 2nd tier company would be profiting as they do have inventory stockpile.
Food inflation is already spotted especially in edible oil and no hurry to sell and just wait we might enjoy it soon. Besides, palm oil grow in 3 years of duration and no in a short term so i believe we might see good revenue in coming quarter.
At least do keep for another quarter till you get to sell. :)
whether u r a big or small plantation, CPO selling price is all d same! that's d advantage of oil palm plantation! they made huge profit when CPO price is above RM3000/Tonne!
Indeed you are right, my statement earlier was saying the customer or B2C. Price follow the CPO price yet you need to sell everything in order to get the profit.
RSawit's Directors r also in Jaya Tiasa n Subur Tiasa! just b patience n optimistic on d coming quarterly results! palm oil mill never lose money even when d CPO price is hovering around RM3500/Tonne! RSawit 3 palm oil mills will process 50: 50 of owned n outside crop! with d current CPO price u can count d incoming profits!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
investor2021trading
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Posted by investor2021trading > 2022-02-14 15:07 | Report Abuse
big mistake when CPO price is at historical high! why suddenly d huge buy que disappeared? RSawit is just doing fine with d high CPO price n might declared a dividend this coming quarter!