RIMBUNAN SAWIT BHD
KLSE (MYR): RSAWIT (5113)
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Last Price
0.24
Today's Change
+0.005 (2.13%)
Day's Change
0.235 - 0.245
Trading Volume
2,360,100
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
18 people like this. Showing 50 of 2,611 comments
I guess CPO need to touch rm9032 then rsawit maybe can make some tiny profit.
2 months ago
watching closely their improves revenue n reduced losses! current CPO price should augurs well for RSawit!
2 months ago
Very badly managed. Ridiculous to close at losses at these sky rocket once a lifetime price. Can't imagine the incompetent management running the show. The whole bunch ought to be sacked.
2 months ago
COST OF SALES 169,907,000
JTIASA : Revenue 239,238,000
Cost of sales 138,508,000
why the cost of sales of rsawit is so high.... any accountant here can help ?
2 months ago
Don't waste time on this counter. There are many more undervalued plantation stocks to pick
2 months ago
sold all, cover all trading expences. I was holding it for a year...This is a "SICKMAN" of the Oil Palm Ind....
2 months ago
Revenue is high but negative profit. haha..Just get along with your other peers
2 months ago
Supposedly, Rsawit should be more valuable than TDM. However, let's be confident that this share would soar higher. Technical analysis of EMA show golden crossing (Just today) where by other plantation stock happened way back. Besides, the buying volume has increased over the past 3 days.
Looking forward to break 0.28~0.29 resistance, once break then everyone can huat liao.
2 months ago
if the company can reduce the cost,,,, this counter will fly to sky,,,, look at the company revenue,,, is big
2 months ago
Some bilis takes profits first. Jerung still inside. Can see little volume only today
2 months ago
RSawit has 3 palm oil mill! if each mill production cost per ton CPO is rm1000/ton, u can just imagined d amount of profit with CPO price now around rm7500 per ton! i will not b concerned on their ffb production n cost per ton ffb!
2 months ago
RSawit has poor performance those years when CPO price was below rm3000/ton but not now as they hv revised their book losses n now moving towards higher profit coming quarters.
2 months ago
RSAWIT buys alot of outside crop for their own Mills' processing requirements due to very low yields emanating from their own estates. The current high cpo prices will accrue positively to their bottomline. I reckon RSAWIT will report positive result in Q1 Mar22 if the current high prices sustain. Due to this, RSAWIT may be the target for speculation soon, cheers.
2 months ago
Early morning the big shark has bought around 0.29 to 0.295 and now all the small retailer and intraday people is selling their stake
2 months ago
CPO price still at historical high but it's time to buy cheaper plantation stocks!
2 months ago
We may at the wrong stock yet we still may find the way to profit along with the peer.
Others are shining due to their first choice of palm oil counter and having a good management company. However, you can't be exporting everyday or months easily because shortage would happens in a long run. Next, that's where 2nd tier company would be profiting as they do have inventory stockpile.
Food inflation is already spotted especially in edible oil and no hurry to sell and just wait we might enjoy it soon. Besides, palm oil grow in 3 years of duration and no in a short term so i believe we might see good revenue in coming quarter.
At least do keep for another quarter till you get to sell. :)
2 months ago
whether u r a big or small plantation, CPO selling price is all d same! that's d advantage of oil palm plantation! they made huge profit when CPO price is above RM3000/Tonne!
2 months ago
Indeed you are right, my statement earlier was saying the customer or B2C. Price follow the CPO price yet you need to sell everything in order to get the profit.
2 months ago
Vote the current directors out this coming AGM. They have done practically nothing to improve the company.
2 months ago
RSawit's Directors r also in Jaya Tiasa n Subur Tiasa! just b patience n optimistic on d coming quarterly results! palm oil mill never lose money even when d CPO price is hovering around RM3500/Tonne! RSawit 3 palm oil mills will process 50: 50 of owned n outside crop! with d current CPO price u can count d incoming profits!
2 months ago
RHB Retail Research said Rimbunan Sawit Bhd may resume its upward move – as it has likely found a support at 30.5 sen.
In a previous trading stocks note, RHB Retail Research said a positive bias may emerge above this level, with the following resistance points set at 33.5 sen followed by 34.5 sen.
“A stop-loss can be set below 30.5 sen,” it said.
1 month ago
Kena PREQQ...!!
the real fake news is how the market over reacted on Indonesia change of policy. https://www.theedgemarkets.com/article/indonesia-export-ban-will-not-i... mentioned that ban is on RBD, which is 86% (620MT over 720MT per month). So the export ban is 86% its significant! CPO is only 14% of Indonesia export!
3 weeks ago
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New_Investor92
Looking good after crossing 0.24, to those already jumped in and nver lost faith. Indeed, the stock quite slow to move yet on average return from starting till now still on par with other stocks.
Wait for the ER to be release then more to come. Hopefully, the trend would stay a little while for the first quarter. :)
2022-02-19 10:34