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

1,950,300

Financial

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Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
18 people like this. Showing 50 of 2,744 comments

shawn88

Still can't break 0.25

2024-03-26 15:34

Albukhary

RSAWIT will challenge 25 sen this week.

2024-04-01 00:53

calvintaneng

Today 4th April 2024 your wish is surpassed

Rsawit closed over 25 sen to end at 26 sen

Hold tight for the long boom up

As Jtiasa was called the Jumping Tiger

So we name Rsawit as

the "Running Stallone!"

So run Rsawit run!!!

2024-04-04 17:13

Albukhary

Yup, run Rsawit run...
Minimum 40sen level

2024-04-04 17:14

Neoh10855

Want break 28 also difficult😆this company ceo makan apa punya? 😅

2024-04-05 12:23

calvintaneng

Sustain your patience great movements take time to develop

2024-04-05 13:13

Neoh10855

Today open 26 high 27 Lucky close 27

2024-04-05 17:01

investor77

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.

2024-04-05 17:07

Albukhary

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

2024-04-05 18:06

Jeffbkt

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.

2 months ago

hsong

Whats the nta based on current valuation of the land

2 months ago

calvintaneng

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

2 months ago

calvintaneng

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

2 months ago

calvintaneng

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

2 months ago

calvintaneng

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

2 months ago

cybermen35

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

2 months ago

calvintaneng

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

2 months ago

x_abe81

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?

2 months ago

calvintaneng

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

2 months ago

calvintaneng

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

2 months ago

shawn88

Waiting to break 0.30 but still far compare with tdm

2 months ago

calvintaneng

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 !

2 months ago

EngineeringProfit

Impressive! Calvin Vs naysayers= 1: 0

2 months ago

Sales

Managed to get Rsawit at 0.24sen

2 months ago

NonameAS

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

2 months ago

shawn88

No more up up up 😔

2 months ago

NonameAS

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??

2 months ago

NonameAS

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

2 months ago

calvintaneng

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

2 months ago

calvintaneng

Get on the Stallone before it runs away

2 months ago

calvintaneng

Stallone 🐎🐴

2 months ago

calvintaneng

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

2 months ago

calvintaneng

RSAWIT MD {Managing Director) Walks His Talks (HE HAS BOUGHT ENOUGH RSAWIT SHARES TO BE IN TOP 30 HOLDERS, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-04-story-h-181985958-RSAWIT_MD_Managing_Director_Walks_His_Talks_HE_HAS_BOUGHT_ENOUGH_RSAWIT

2 months ago

NonameAS

Still dropping so see first how much can go down further becos too much sell volumes everyday.

1 month ago

investor77

Takes time for Company to turn around. Disappointed that R Sawit showed a loss. Price is now at a very low level compared to land acreages it has. Worth keeping for medium term.

1 month ago

shawn88

Cost mgmt so poor... Never break 0.30

1 month ago

cybermen35

Why are other palm oil companies earning significant profits while RS continues to incur substantial losses?

1 month ago

calvintaneng

Rsawit is in the midst of turning around as Management putting into place a huge effort in manuring and harvesting all Ffb

1 month ago

calvintaneng

Another good thing about Rsawit is it's huge landbanks of 172,500 acres of palm oil lands with book value as low as Rm2700 per acre

These are now prime candidates as future data centers plus solar farms

Once sold at commercial prices will see high value unlocked

As such Insider/Directors just bought another 2 million Rsawit shares from open market

1 month ago

calvintaneng

And do you know how big is 172,500 acres?

It is about 2.3x (times) the size of Penang Island of 72,900 acres
So potential of Rsawit is Big
Just like Bplant, Thplant, Jtiasa and TSH Resources - all holding huge palm oil lands

1 month ago

EngineeringProfit

No more that big, Calvin. Since they started selling land, now down to <70,000 hectares only

1 month ago

calvintaneng

https://www.tradingview.com/symbols/MYX-FCPO1!/


Happy morning all

Fcpo rebounded above Rm4000

plus 2nd half year Ffb production will increase more and more

and Palm oil stocks oversold

so now is the best time to buy palm oil shares

4 weeks ago

ProsperousRealm

itu sawit punya lembu🐂 bila mau mari leh

3 weeks ago

stevenchua5

Why this quarter losing money?

3 weeks ago

NonameAS

Need to sell more estates to cover the debts?

3 weeks ago

NonameAS

Why seen like very winter here. Haiz......

2 weeks ago

shawn88

Awake?

2 days ago

fruitcake

still this price. shame & pitiful

2 days ago

investor77

Very low price for a major CPO producer, as price has crossed a major hurdle at RM 4000,/ tonne. Major insider buying millions. With management revamped following JTiasa style, production and thus efficiency will be improved This should result in a re-rating by investors.

1 day ago

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