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
1,902,700
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
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Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
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
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
Close 27sen, very good performance for this week.
Next week will continue to charge up
2024-04-05 18:06
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
2 months ago
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
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
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
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
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
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
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
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
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
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
Hope CPO dropped prices will not affected much rsawit further down again like previous day!
2 months ago
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
If CPO keep down then sure tauke wan sell some volumes change to cash flow purpose.
2 months ago
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
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
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
Still dropping so see first how much can go down further becos too much sell volumes everyday.
1 month ago
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
Why are other palm oil companies earning significant profits while RS continues to incur substantial losses?
1 month ago
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
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
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
No more that big, Calvin. Since they started selling land, now down to <70,000 hectares only
1 month ago
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
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
shawn88
Still can't break 0.25
2024-03-26 15:34