RSawit has lost hundreds of millions over the past 10 years. Even when palm oil price spiked to over RM6,000 a ton, it was still not profitable. It has practically no cash and borrowings of over RM300 million. Its NTA is only 17 sen a share. Guys. be wise enough, think carefully before you make a decision to invest.
"For now Rsawit being so undervalue has the most potential" Cannon Tan, tell us the criteria a company ought to have to qualify as an undervalued counter. Does RSawit possess such criteria?
"Last time? Last time Bplant was 57 sen Then Ltat took Bplant private at Rm1.55" Cannon Tan Tua Pao, you should explain why RSawit fails to pay any dividend for over 10 years and why its nta keeps dropping for the past 10 years instead of comparing it with other counters. You can't convince others this way.
And those that are able to find and identify and invest at the beginning of a Turnaround Cyclical will see a performance that is uncommon compared to normal growth stocks
Peter being Experts in Turnaround Cyclicals managed to get 29% yield in 13 years and beaten Warren Buffet at 25%
This Peter Lynch called Stocks in 6 Categories
Some can only master one or two
To master all 6 Categories take long time and experience
Never believe in what Cannon Tan has written. He will only bring you to Holland. He has likely bought several hundred thousand Rsawit shares and would unload his holdings once its price shoots up. Below are some of the comments about this person that I have read on i3investor. "Same tactic of his seen in TalamT in 2014, JTiasa the same year, NetX etc etc exaggeration to lure buyers to unload his own stock!" "He also claimed in 2022 that TSH will reach the Nestle beating price of RM150 ultimately. That will give TSH a market cap of RM207 b compared to Maybank's current Rm122 b and Nestle's RM28 b. That guy's rantings is way off the charts. He should be locked up for his own good."
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....
calvintaneng
56,889 posts
Posted by calvintaneng > 2024-07-12 07:08 | Report Abuse
TRUMP WINNING 2024 & FED CUTTING INTEREST RATE: THE IMPLICATION & RAMIFICATION FOR STOCKS AHEAD, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-12-story-h-157023056-TRUMP_WINNING_2024_FED_CUTTING_INTEREST_RATE_THE_IMPLICATION_RAMIFICATI
RSAWIT IS A VALUE LAGGARD
VERY SAFE