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 9 hours ago

NonameAS

23 posts

Posted by NonameAS > 1 month ago | Report Abuse

Take profit first. Come back again. Cheers

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

NOVEMBER FCPO FUTURE NOW RM4,800! Why Calvin Tan say prices are sustainable above Rm4,000 Plus Buy Palm Oil Upstream Players, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-10-31-story-h472881475-NOVEMBER_FCPO_FUTURE_NOW_RM4_800_Why_Calvin_Tan_say_prices_are_sustainab

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

nice 4810

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

cpo nov 490 will it break 500?

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

5000 i mean

pinetree88

335 posts

Posted by pinetree88 > 1 month ago | Report Abuse

Got in at $0.265 at closing. Bet on up move next wk.

MACD

117 posts

Posted by MACD > 1 month ago | Report Abuse

Already grab some at 0.265

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

Yesterday Mabel sapu more at 26 and 26.5 sen...

This year Mabel has invested in 11 sectors involving 13 Princes (YTL Power was relieved from duty when MACC started courting them due to past Bestari Project). From the 11 sector, Construction, Property and Financial Services are sitting on the Podium with Foreign Fund exiting our market. The real dark horse will be plantation. Once it break the Plantation Resistance at 7566, it will be a Bull Run like what happen in 2021, Crude Palm Oil (CPO) prices in Malaysia hit above RM 5,000 per metric tonne.

There is still a hidden treasure in small cap which lagging the large Cap in KLCI. YTD is only up by 4.2% compare to KLCI Large Cap of 10.7%.

Based on this analysis, Mabel will expand her plantation to include small cap plantation, Rimbunan Sawit Berhad (RSAWIT). Rimbunan Sawit Berhad (RSAWIT) owns approximately 69,909 hectares of plantation land in Miri, Kuching, and Sibu, Sarawak. She will join the Big Cap sisters Simone, Klara, Iona and Una.

If Simone, Klara, Iona and Una is for Sime Darby Plantation, KLK Plantation, IOI Plantation and United Plantation, Raya will be purrfect name for Rsawit as it has a nice ring to it and reflects the Malaysian heritage. Plus, it symbolizes celebration and prosperity, which aligns well with the goals of a plantation company.

To Our Success !

Meow Meow Meow

speakup

27,183 posts

Posted by speakup > 1 month ago | Report Abuse

What a p-u-s-s-y. Lol

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

The FCPO has now breached previous resistance at MYR4,900, suggesting a potential continuation of its bullish trend. It has also breaches the Plantation Resistance at 7566, trading at 7600 points. However, with the RSI exceeding 80 for the first time this year, we anticipate a period of profit-taking ahead. This pullback may find support around the 38.2% Fibonacci Retracement level, near MYR4,525, before resuming an upward trajectory to break RM 5,000 level.

Yum Yum Yum

MACD

117 posts

Posted by MACD > 1 month ago | Report Abuse

I like this kind of comment from Mabel

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

Most KLCI components is RED, having period except for Plantation as the FCPO has rebounded, but this bullish outlook will need to be validated by another green candle. For now, any pullback is expected to hold above the 23.6% Fibonacci Retracement level. The tussle between the bulls and the bears will intensify until a clearer direction is formed.

In essence, the market is currently in a positive trend, but this needs further confirmation. The 23.6% Fibonacci level is a critical point to watch, and the ongoing struggle between buyers and sellers will determine the market's future direction

The 23.6% Fibonacci level is a key retracement level used in technical analysis to identify potential support and resistance levels in a market trend. It is derived from the Fibonacci sequence, a series of numbers where each number is the sum of the two preceding ones. The 23.6% level is calculated by taking 23.6% of the distance between a significant high and low point in a price movement.

For example, if the price of an asset rises from RM 3745 to RM 4992, the 23.6% retracement level would be calculated as follows:

Calculate the Difference: RM 4992 - RM 3745 = RM 1247.

Apply the 23.6% Retracement: RM 1247 * 0.236 = RM 294.29.

Determine the Retracement Level: RM 4992 - RM 294.29 = RM 4697.71.

So, the 23.6% Fibonacci retracement level for FCPO with a high of RM 4992 and a low of RM 3745 is approximately RM 4697.71. This level is used by traders to identify potential areas where the price might find support during a pullback in an uptrend or resistance during a bounce in a downtrend.

Only RM 8 to breach RM 5000. With RM depreciating against USD, looks like the weather is on our side….

Meow Meow Meow

shawn88

238 posts

Posted by shawn88 > 1 month ago | Report Abuse

seem like not looking good ... back to 0.26 again

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

Indeed shawn...the FPCO has already breached RM 5000. With RM depreciating against USD, looks like the weather is on our side. The FCPO swung past the MYR5,000 level for the first time in 2024, extending its bullish momentum from the Sep 2024 low.

Meow Meow Meow

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

rsawit is a slow stock 0.005 crawl. should hit 30sen

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

Nov CPO 5,100 nice job

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/733304

Monday next week boom to the moon 🚀🚀🚀✅⬆️

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Crude Palm Oil Futures

Continuous contract


FCPO1!Bursa Malaysia



Market closed
5,101MYR / TNED✅
+149
+3.01%

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

RSAWIT HAS DISPOSED TWO PALM OIL ESTATES

IT WILL RECEIVE RM165 MILLIONS TO FURTHER PARE DOWN BORROWINGS PLUS REGISTER A NICE PROFIT OF RM77 MILLIONS FROM ASSET SOLD

AND THAT WILL BE A PROFIT OF 3.77 SEN

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Trump imposes 100% tariffs on BRICS countries so China 🇨🇳, Russia will buy more oil palm from Malaysia 🇲🇾✅⬆️💰💥

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

PMX, Prabowo visited China recently to deal directly business deals and one of the major segments is oil palm 🌴🌴🌴💰💥✅

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Now is the bullish time for 🌴🌴🌴again 💰💰💰✅💥💥💥

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

TP 1 : 0.60✅⬆️
TP 2 : 1.00 ✅⬆️
TP 3 : 💰💥⬆️✅ 🌟

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

Meow Meow Meow

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Rsawit just sold and collected Rm165 Millions cash for just 2 pieces of lands in July
Out of this sale is a profit of Rm77 Millions or 3.77 sen

Plus Rsawit FFB harvest has improved greatly from below 20,000 Tonnes to almost 30,000 tonnes in August 2024

So we will see great improvements in operating profits since Cpo now over Rm5,000 a Ton✅💰💥

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

CPO prices above 4k for futures till mar 2026

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Tomorrow onwards will fly and fly 🚀🚀🚀 until qr on 22/11/24 and LU ✅🚀🚀🚀

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Ini kalilah TP :0.60 ✅⬆️🚀

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

this rsawit is cornered. only can crawl 0.005 up down

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Big accumulation before big spike ✅🚀

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Huge buying at 0.27 ✅ might be big bosses collecting before qr 👍

Eagle77

7,050 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Fabulous qr is coming 💰💥✅

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

The Implication, Amplification, Ramification & And Identifying Opportunities in Applications to Trump New 4 Year Term (2025 to 2029) as USA President, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-11-story-h473777372-The_Implication_Amplification_Ramification_And_Identifying_Opportunities

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

STARTLING SURPRISE!! LEASEHOLD AGRICULTURAL LANDS (PALM OIL) NOW SELL AT RM1 MILLIONS PER ACRE (ONLY IN MALAYSIA?), By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-12-story-h473828158-STARTLING_SURPRISE_LEASEHOLD_AGRICULTURAL_LANDS_PALM_OIL_NOW_SELL_AT_RM1

1 minute ago



calvintaneng

SCIB paid Rm1 Millions per acre for Bintulu Lands (10km from Bintulu)

Should have gone to see Thplant instead

Their cost only Rm5.8K an acre

Just give Rm50,000 per acre they will be happy to sell
No need Rm1 Millions

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

RSAWIT GOT GOOD LANDS IN KUCHING, SIBU & MIRI

BOOK VALUE AS LOW AS RM3.5K PER ACRE

HOLD RSAWIT AS LONG AS POSSIBLE

Ytl2023

374 posts

Posted by Ytl2023 > 1 month ago | Report Abuse

5000k also can't go up. This need to hold very long. Other counter up many

Ytl2023

374 posts

Posted by Ytl2023 > 1 month ago | Report Abuse

Was so tempted to buy 26 to 26.5. No buy in the end

MACD

117 posts

Posted by MACD > 1 month ago | Report Abuse

Oh crap first session fall 3 bids

WilburR2

876 posts

Posted by WilburR2 > 1 month ago | Report Abuse

this is rsawit up up 0.005 dwn dwn 0.005

Mabel

24,434 posts

Posted by Mabel > 1 month ago | Report Abuse

Future FCPO has now formed a small-bodied candle at RM 5,084 following an extended bullish run, which we believe could signal the start of a new base-building phase. We expect the consolidation to be supported at the 38.2% Fibonacci Retracement level. A break below this level, however, would indicate the potential for an early bearish reversal.

Keep pushing gals…

shawn88

238 posts

Posted by shawn88 > 1 month ago | Report Abuse

hopefully fcpo this time can maintain above 5000

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Last time when Jtiasa was 63 sen

It was

Jaya = Jumping
Tiasa = Tiger

Jump it did 🐅🐯

Now Rm1.17


So now is

Rimbunan = Running
Sawit = Stallon

At 25.5 sen

Will it jump past 50 sen

🐴🐎 🔥 🔥 🔥

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Palm Oil Export Levy Sufficient to Fund B40 Biodiesel Mandate
Focus |19 November 2024 , 05:28 WIB |Read : 32 |by : Administrator


This article has been published on InfoSAWIT English with the title © Palm Oil News - Palm Oil Export Levy Sufficient to Fund B40 Biodiesel Mandate
Click to read: https://en.infosawit.com/news/14822/palm-oil-export-levy-sufficient-to-fund-b40-biodiesel-mandate--


structural long term support for CPO Prices

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

RM4,991 " FCPO

GO GO GPO

Nepo

3,447 posts

Posted by Nepo > 1 month ago | Report Abuse

Badly managed co.
Angry 😡

calvintaneng

56,889 posts

Posted by calvintaneng > 1 month ago | Report Abuse

You are behind time.

It was badly managed last time

Now it has shown a turnaround

Wait see results soon all will know

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