Posted by Neoh10855 > 3 weeks ago | Report Abuse

Today open 26 high 27 Lucky close 27

Posted by investor77 > 3 weeks ago | Report Abuse

Will turn around under good management. Pare off debts by selling cheap land. Bumper profits ahead as cost of production low. Same owner as JTiasa, so can catch up to J Tiasa level in a few years Insiders buying as show of confidence.

Posted by Albukhary > 3 weeks ago | Report Abuse

Close 27sen, very good performance for this week.
Next week will continue to charge up

Posted by calvintaneng > 3 weeks ago | Report Abuse

Rimbunan Sawit to beef up crop production and yield, By JACK WONG (Calvin Tan comments)

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-06-story-h-184606605-Rimbunan_Sawit_to_beef_up_crop_production_and_yield_By_JACK_WONG_Calvin

Posted by Jeffbkt > 3 weeks ago | Report Abuse

Hi Calvin, the article does not mention what is the target FFP in the coming quarters. If you look at the Jan and FEB FFP output it is still below 20K MT. 2023 turn around also due to one off of impairment reversal of 64M so in total 2023 is still not out of wood yet. Although the total plant area is big but only 20,849 ha of the oil palms were in prime mature age cluster (eight to 19 years). RSawit still required to replant the another 17,794ha which has old age plant in coming years. So I wonder how RSAWIT can be considered to be better than JTIASA which is currently net cash, pay dividend and FFP production is 4 times better than RSAWIT plus share base is half of RSAWIT. I guess the main question is still the FFP in the coming quarters.

Posted by hsong > 3 weeks ago | Report Abuse

Whats the nta based on current valuation of the land

Posted by calvintaneng > 3 weeks ago | Report Abuse

Jeffbkt

There is a hidden secret in Rsawit which is superior and can leapfrog Jtiasa in value unlocking unknown to many

While Jtiasa got huge Ffb harvest the Huge Pulau Bruits lands are only "rented" to Jtiasa. About 130,000 acres in Pulau Bruit are stated as "rented lands"

For Jtiasa therefore it is more a pure earnings play just like Inno

But for Rsawit it owns all its lands with title deeds and now that palm oil estates are in hot demand Rsawit will stand to reap a golden windfall notwithstanding its Ffb still low

Posted by calvintaneng > 3 weeks ago | Report Abuse

Hsong

The Nta of rsawit is stated at 18 sen when its lands were purchased as early as year 1988
36 years ago and still at old book value

In year 1988 a 2 storey bungalow on 10,000 sq ft land was worth Rm500k only

Today is Rm12 millions to Rm15 millions

So how much is rsawit lands worth today?

Their cost is as low as Rm3,500 per acre

One acre is 43,560 sq ft or about 4X the land size of bangsar bungalow

And rsawit got 175,000 acres in Kuching, Sibu and Miri

So if all are revalued how much do you think the revised Nta will be

Posted by calvintaneng > 3 weeks ago | Report Abuse

Now after Bplant was taken private THEEDGEDAILY revealed a piece of palm oil lands Bplant sold to Kedah Govt.

From the market price we noted that Bplant book value only about 10%

So Bplant made almost 1,000% profit by selling its Kulim lands to be converted into Kulim Industrial parks

Posted by calvintaneng > 2 weeks ago | Report Abuse

To all dear Investors of Rsawit

Today Rsawit will conduct EGM to vote for sale of two palm oil estates totalling Rm165 millions
There will be a good profit of Rm77 millions translated to a cash profit of 3.77 sen per share
And this will be reported by Aug 2024 results
Can ask for a "special dividend" if possible

That's all

Calvin

Posted by cybermen35 > 2 weeks ago | Report Abuse

The money can be used to partially pay off the debt.

Posted by calvintaneng > 2 weeks ago | Report Abuse

Just noticed

Mr. Gooi Seong Gum, Director of Kmloong is in Top 25 of Rsawit with 3 million Rsawit shares

An endorsement by Kmloong people who are so conservative speaks volumes for Rsawit

Posted by x_abe81 > 2 weeks ago | Report Abuse

Thanks Calvin, with that EGM in mind and potential cash profit or special dividend should they proceed with the land sales, what is the fair value target for Rsawit share?

Posted by calvintaneng > 2 weeks ago | Report Abuse

x_abe81

yes since Top holder got more than 60% voting rights the Egm will pass

As for value of Rsawit

I bought Rsawit at around 60 sen in years 2015 to 2017

about the same time I also bought Thplant and Bplant around Rm1.00 to Rm1.10 range and bought Jtiasa around Rm1.20

Both Thplant and Bplant did not move much as they ranged Rm1.10 to Rm1.20. however both gave very good dividends

as for Jtiasa it gave no dividend but share price jumped above Rm1.60 to Rm1.70

Rsawit was a total disappointment which I "cutloss" around 50 sen

Now since Thplant up over 70 sen , Bplant taken private by Ltat at Rm1.55 and Jtiasa has surged back to Rm1.40 I think Rsawit is a laggard that should rise up much higher from here

how high?

I think 60 sen is the target and hopefully it will cross it's all time high above Rm1.00 one fine day

Posted by calvintaneng > 2 weeks ago | Report Abuse

AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES

Posted by shawn88 > 2 weeks ago | Report Abuse

Waiting to break 0.30 but still far compare with tdm

Posted by calvintaneng > 2 weeks ago | Report Abuse

30 sen?

28 sen already good

it was only 22 sen not too long ago when Naysayers like iiinvestbodoh and others were casting doubts

At last Rsawit the Running Stallone is 28 sen and up 27.2%

this beats Warren Buffet"s yearly 25% performance already

Go go Power Ranger!

Go go The Running Stallone !

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

Impressive! Calvin Vs naysayers= 1: 0

Posted by Sales > 1 week ago | Report Abuse

Managed to get Rsawit at 0.24sen

Posted by NonameAS > 1 week ago | Report Abuse

Hope CPO dropped prices will not affected much rsawit further down again like previous day!

Posted by shawn88 > 1 week ago | Report Abuse

No more up up up 😔

Posted by NonameAS > 1 week ago | Report Abuse

Why tauke rsawit dun wan to top-up again since the shares prices keeping dropping. Is it becos cpo prices not yet reached the lowest??

Posted by NonameAS > 1 week ago | Report Abuse

If CPO keep down then sure tauke wan sell some volumes change to cash flow purpose.

Posted by calvintaneng > 4 days ago | Report Abuse

BOTH MD Managing Director & COO (Chief Operating Officer) HAVE BOUGHT MORE

MKHOP IPO AT 62 SEN VERSUS BPLANT, HS PLANT, THPLANT, RSAWIT, JAYA TIASA, TAANN & TSH RESOURCES: COMPARE & CONTRAST, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-23-story-h-182939331-MKHOP_IPO_AT_62_SEN_VERSUS_BPLANT_HS_PLANT_THPLANT_RSAWIT_JAYA_TIASA_TA

Posted by calvintaneng > 4 days ago | Report Abuse

Get on the Stallone before it runs away

Posted by calvintaneng > 4 days ago | Report Abuse

Stallone 🐎🐴

Posted by calvintaneng > 1 day ago | Report Abuse

Latest audit problem was from April 2023

already solved as Rsawit has successfully disposed 2 plots of lands for Rm165 millions

and in the process of land disposal there is a new found bullishness that Rsawit lands are now "gold mine" lands of good value