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

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

investor2021trading

on 18/02/22, CPO price touched rm6032 per ton!

2 months ago

vcinvestor

still made losses in 4Q!

2 months ago

gladiator

I guess CPO need to touch rm9032 then rsawit maybe can make some tiny profit.

2 months ago

Chua Zhi En

speechless....

2 months ago

Jerichomy

Same here

2 months ago

investor2021trading

watching closely their improves revenue n reduced losses! current CPO price should augurs well for RSawit!

2 months ago

kelvin61

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

Chua Zhi En

vomit, cut lose

2 months ago

cybermen35

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

Johnzhang

Don't waste time on this counter. There are many more undervalued plantation stocks to pick

2 months ago

Jerichomy

Looks rsawit is pushing up to distribute the share now haha

2 months ago

914601117

rsawit is con company. all profit wallop by family suppliers

2 months ago

densim

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

kuanguei

Rsawit Goreng Today

2 months ago

aleesya

Very soon the sickman will turn into a strongman.

2 months ago

Johnzhang

Everything go higher in rising tide . Hahaha

2 months ago

joryus4855

up la, dumbass stock, haizzz

2 months ago

Millionairegig

Revenue is high but negative profit. haha..Just get along with your other peers

2 months ago

cybermen35

Directors must work harder ....

2 months ago

Starex Trooper

Buy now

2 months ago

New_Investor92

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

cybermen35

if the company can reduce the cost,,,, this counter will fly to sky,,,, look at the company revenue,,, is big

2 months ago

Swcm98

Sudah mari..

2 months ago

carimakan

sepatutnya harga rm1 dah ni.. sape x beli sekarg menyesal nanti

2 months ago

Investformilkmoney

Kenapa x Naik......

2 months ago

x3sphere

Some bilis takes profits first. Jerung still inside. Can see little volume only today

2 months ago

investor2021trading

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

keuin

why this counter still sleeping...

2 months ago

investor2021trading

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

kelvin61

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

New_Investor92

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

investor2021trading

on 02/03/22, CPO price touched rm8076.50/ton!

2 months ago

investor2021trading

CPO price still at historical high but it's time to buy cheaper plantation stocks!

2 months ago

New_Investor92

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

investor2021trading

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

New_Investor92

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

subwayzzz

Vote the current directors out this coming AGM. They have done practically nothing to improve the company.

2 months ago

investor2021trading

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

x_abe81

yummy. good time to accumulate.

2 months ago

KEENTRADER

hoping for wonders to take place

2 months ago

KEENTRADER

Nuclear war has started. No need look at oil palm stocks

2 months ago

chesslim

记住,当别人恐惧时你要贪婪。

1 month ago

investor2021trading

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

Rohizam

what happen this kaunter....any good news

1 month ago

shawn88

jtiasa move above rm1, but this counter still under 0.26... wtf

1 month ago

ocbc

in 2019 , when JTiasa at 0.99 , this stock at 0.38.....heheee

3 weeks ago

OKU_2020

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

henry888

u turn

3 weeks ago

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