Dear friends of i3 Forum, (Please read this Important Post to the end as We Type now!)
Today i just saw this past comment
See
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-10-story-h1535448033-What_other_i3_Forum_Friends_Continue_to_Say_About_Calvin_Tan_Even_now_i
It gave us great encouragement to keep finding JEWELS for Happy Sharing
And Now!
This latest
RSAWIT (5113) Evidences of a Powerful Turnaround Palm Oil Stock you should not miss!, Calvin Tan
And these Are The Salient Factors for Rsawit
1. RSAWIT SHOWS GREAT GROWTH OF FFB COLLECTIONS
(Refer Bursa)
January to March FFB collected
Jan 2024 = 19,799 tonnes
Feb 17,677 tonnes
March 18,588 tonnes
Total of 1st Qtr 2024
= 56,064 tonnes
April 21,248 tonnes
May 26,235 tonnes
Total for just two months
= 47,483 tonnes
Total of 2 months over 1st Qtr
= 84.69%
Now we await June FFB which should be good to great
And CPO Prices
Average | 3,783.50 (jan) | 3,949.50 (feb) | 4,215.50 (mar) | 4,257.00 Apr | 3,902.50 May | 3,957.50 Jun |
Jan to March = Rm3,982 (average)
April to June = Rm4,039 (average)
From above we SEE Both Prices & FFB for Rsawit have increased!
True to what RSAWIT LEADERSHIP have said!
Well Done!
This Improved Results will Show Up in Aug 2024 Results of Rsawit
2. SALE OF 2 PALM OIL ESTATES & RM165 MILLIONS CASH RECEIVED
See
RIMBUNAN SAWIT BERHAD |
Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Description | RIMBUNAN SAWIT BERHAD ("RSB") | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We refer to the Company’s announcement dated 21 December 2023, 21 February 2024, 21 March 2024, 8 April 2024 and 20 May 2024 as well as the circular to shareholders dated 22 March 2024 ("Circular") in relation to the Disposals. Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the said announcements and the Circular.
On behalf of the Board, RHB Investment Bank wishes to announce that the Disposals have been completed today following the receipt of the payment of the total balance disposal consideration by the Vendors from MSBPSB in accordance with the terms and conditions of the CSPAs.
This announcement is dated 9 July 2024. Since this CASH RM165 MILLIONS received in July 2024 it will show up in Nov 2024 Results of RSAWIT Of this amount 88% is Profit So we will see Next 2 Very Good Qtrs for RSAWIT (Aug 2024 (Strong Earnings) & Nov 2024 (Assets Sale brought in 88% Profit) Any more good news? Of course! Lots more TREASURE DIGGED UP By Our Research! See this PLANTATIONRimbunan Sawit Berhad (RSB) owns approximately 71,055 ha of plantation land in Miri, Kuching and Sibu, Sarawak. The details are stated as below:-
RSB estates are located on flat, rolling hill and undulating topography with fairly good annual rainfall. There is a palm oil mill (owned by R.H. Plantation Sdn. Bhd.) operated at Lot 65 and part of Lot 58, Bok Land District, in Miri, Sarawak. |
Above are the 172,500 Acres of PALM OIL LANDS owned by RSAWIT
There are in Super Prime Locations of
KUCHING
SIBU
MIRI
Bought long ago as low as 5 Cts per Sq Ft
AMAZING!
See
5 SEN PSF? FOR PRIME LANDS NEAR KUCHING?
MUST BE CRAZY? REALLY?
Then let US GO SEE
Refer RSAWIT ANNUAL REPORT
Lot 5, Block 3, Stungkor Land District
Provisional
Leasehold 2062 Estate 2002
Lot 40, Block 12, Gadin Lundu Land District
Lot 67, Block 11, Gadin Lundu Land District
Lot7, Block 3, Stungkor Land District
Lot 247, Block 4, Stungkor Land District
Lot 385, Block 8, Stungkor Land
Lot 66,91, 92,93 Block 11,
Gading Lundu Land District
Lot 47, Block 12,
Gading Lundu Land District
Lot 28,29,30, Block 3,
Stungkor Land District
3,933 Ha Oil Palm
Rm14,805,000
Above are 3,933 Hectares of Lands in Kuching District
Book Value Rm14.805 Millions
To convert to Acres
Multiply 3,933 by 2.471
= 9,718.4 acres
To get Cost per acre
Divides Rm14,805,000 by 9,718.4 acres
= Rm1,523 per acre
To convert to Rm per Sq Ft
Divide Rm1,523 by 43,560
= 3.5 sen psf ( Wahaha! Lest than 5 sen Psf)
See
FOR 3 1/2 ONE SEN COIN CAN GET ONE SQ FEET LAND IN KUCHING DISTRICT OR RM1,523 PER ACRE/
LET US SEE THE LATEST SALE PRICE IN KUCHING
KUALA LUMPUR (July 3): Property developer Naim Holdings Bhd (KL:NAIM) is disposing of a parcel of land in Samarahan, Sarawak to Onlyee Flora Sdn Bhd for RM223.38 million.
The 180.8-hectare mixed-zone vacant land is owned by Naim’s wholly-owned subsidiary, Naim Land Sdn Bhd, the group’s bourse filing on Wednesday showed.
The transaction price represents a 4% premium over the current market value of RM215 million, as appraised by independent valuer VPC Alliance (Sarawak) Sdn Bhd.
Let us calculate
RM223.38 MILLIONS DIVIDE BY 180,8 HECTARE
FIRST CONVERT HECTARE TO ACRE
180.8 X 2,471
= 446.7 ACRES
THEN DIVIDE 223,380,000 BY 446.7
= RM500,000 PER ACRE
WOWEEWHOSH!!
FROM RM1,523 TO RM500,000!!
RSAWIT ASSETS MUST BE SO CRAZY CHEAP
SCREAMING OUT IN VALUE
BEI TAHAN LEOW!
SEE HOW RSAWIT DIRECTORS BEEN WALLOPING UP THEIR UNDERVALUE SHARES!
REFER BURSA
31-May-2024 | Acquired | 1,000,000 | 0.225 | ||
18-Apr-2024 | Acquired | 500,000 | 0.245 | ||
09-Apr-2024 | Acquired | 255,000 | 0.270 | ||
22-Mar-2024 | Acquired | 500,000 | 0.230 | ||
21-Mar-2024 | Acquired | 435,000 | 0.230 | ||
20-Mar-2024 | Acquired | 565,000 | 0.230 | ||
01-Mar-2024 | Acquired | 500,000 | 0.200 | ||
29-Feb-2024 | Acquired | 894,800 | 0.195 | ||
26-Jan-2024 | Acquired | 1,000,000 | 0.190 | ||
26-Jan-2024 | Acquired | 835,000 | 0.190 |
HYMM?
TODAY RSAWIT CLOSED AT 23 SEN (10 JULY 2024)
STILL RELATIVELY CHEAP TO BUY SOME
IS THERE VALUE IN LUNDU & STUNGKOR LANDS OF RSAWIT?
OK SEE
From Wikipedia, the free encyclopedia
is a town and the capital of Lundu District located in the northwest of Kuching Division of Sarawak, Malaysia, and borders the Indonesian Province of West Kalimantan.
Lundu is a district located in the Northwest of Kuching Division of Sarawak, Malaysia, and borders with Indonesian Province of West Kalimantan. Once upon a time, Lundu was a strategic area in the waters of Tanjung Datu that has been known for centuries in history, including in the history of Majapahit, China and Srivijaya. This was realized by the British colonialists when Lundu was later made the first stronghold.
------
------
Towards the close of the eighteenth century three groups of people at the same time came separately to make their homes in Lundu. From the east came the Ibans. These Ibans were originally from Balau on the west bank of the Batang Lupar. As the Iban were coming to Lundu from the east, Chinese and Selako settlers were arriving from the west, over the hills that separate Sarawak from what is now Indonesian Borneo. Chinese had been living in Pontianak and Sambas for a hundred years or more. When gold was discovered in Bau, Chinese migrated there. Also from the west came the Selako or Selakau. Malays also came to settle from the Natuna Islands.
What is wonderful about Lundu, is that although four different people settled very close together, there has from the beginning never been any friction between them. They seek a better life, and each people pursued their aim in a way that did not compete with the others. Lundu had electricity and piped water (from Gunung Gading) by the early 60s. The Lundu hospital was built in 1965, and now offers treatment for all except the most serious problems. They have a dental clinic and ultrasound screening for mothers-to-be. Until 1968, Lundu could be reached from Kuching only by boat. The road from Bau to Lundu was completed in that year and regular bus service began.
Lundu is currently under constant development, with more and more public infrastructures and other being built and proposed.
READ AGAIN
Lundu is currently under constant development, with more and more public infrastructures and other being built and proposed.
LUNDU IS CURRENTLY UNDER CONSTANT DEVELOPMENT
MORE AND MORE PUBLIC INFRASTRUCTURES
AND OTHER BEING BUILT
AND PROPOSED
IN OTHER WORDS
LUNDU/STUNGKOR LANDS OF RSAWIT TURNING INTO RESIDENTIAL/COMMERCIAL AND INDUSTRIAL
ESP SOLAR FARM, DATA CENTER, INDUSTRIAL BUILDING
HOW CAN IT BE 3,5 SEN PSF ANYMORE
THEN WHAT IS THE CURRENT PRICES IN LUNDU, KUCHING DIVISION?
SEE
RM 1,846,200
REFER MUDAH.COM LAND FOR SALE
ADVERTISED AS AGRICULTURAL FREEHOLD
4.91 ACRES FOR RM1,846,200
OR RM376,008 PER ACRE
OR RM8.63 PSF
CERTAINLY NOT 3.5 SEN PSF
LIKE CRESCENDO CONVERTING AGRICULTURAL LANDS FROM KM LOONG AND SOLD FOR $$$
CRESCENDO DIRECTOR GOOI SEONG GUM SAW THIS HIDDEN JEWEL OF RSAWIT
HE WALLOPED 3 MILLION RSAWIT SHARES
SEE
RIMBUNAN SAWIT BERHAD [REGISTRATION NO: 200501014346 (691393-U)] 221
ANNUAL REPORT 2023
221
Analysis of Shareholdings (cont’d)
As at 1 APRIL 2024
Thirty Largest Securities Account Holders (cont’d)
No. of
Name Ordinary Shares %
21 Roseate Garland Sdn Bhd 4,180,520 0.21
22 Tiong Chiong Ie 3,894,800 0.19
23 Lueh Tai Wai 3,200,000 0.16
24 Gooi Seong Gum 3,000,000 0.15
25 Kendaie Oil Palm Plantation Sdn Bhd 3,000,000 0.15
26 Yayasan Sarawak 3,000,000 0.15
27 Public Nominees (Tempatan) Sdn Bhd 2,681,100 0.13
Pledged Securities Account for Yap Kau Tee (E-KPG)
28 Maybank Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Cheah Kok Shen 2,410,000 0.12
29 Diong Hiew King @ Tiong Hiew King 2,400,000 0.12
30 Ngu Yii Chuo 2,400,000 0.12
DO YOU KNOW?
SUCCESS BEGETS SUCCESS!
GOOI SEONG GUM SAW CRESCENDO TURN INTO GOLD MINES OF DATA CENTER
NOW HE SEES RSAWIT WITH THE SAME POTENTIAL
RSAWIT NOW 23 SEN
OUR FIRST TARGET IS 60 SEN
NEXT TARGET IS RM1.00
With Sincere Regards
Calvin Tan
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
Created by calvintaneng | Jul 31, 2024
Created by calvintaneng | Jul 24, 2024
Created by calvintaneng | Jul 15, 2024
Created by calvintaneng | Jul 12, 2024
In year 2021 we discovered Bplant lands in Tasek Gelugor was undervalue as Scientex paid much higher prices for lands nearby
So now we see Rsawit lands in Kuching Division only Rm1,523 per acre compared to what Naim sold at Rm500,000 an acre
This Rsawit will follow the unlocking of value like Bplant as Sarawak now in hands of pro-active leadership
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE
2 weeks ago
Thank you Albukhary
You have survived long in i3
May you prosper now and stay safe
2 weeks ago
Under Abang Jo
Kuching is fast developing
https://youtu.be/PdCucahAopY?si=xv-svwMIzPwlkFCT
2 weeks ago
That was last time
Now MD has come out to say they will change for the better
2 weeks ago
In Peter Lynch's 6 category of stocks
Turnarounds are very powerful
https://youtu.be/DYyLrrQ0Os4?si=tTB9qyr0c-DqYjI1
2 weeks ago
Also a cyclical..
Buy when it turns from rotten to mediocre
https://youtu.be/hCSD5zbNxeQ?si=ifPuJq6HjyV8Oe7e
2 weeks ago
Evidence of turnaround
Internal change
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 weeks ago
More evidence of turnaround
MD (Managing Director) buying Rsawit shares with his own hard earned money
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 weeks ago
From now Rsawit is showing both active and passive income
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-03-story-h-182016934-PALM_OIL_COMPANIES_GOT_2_INCOMES_THE_ACTIVE_INCOME_PASSIVE_INCOME_OF_A_
2 weeks ago
SOME FURTHER THOUGHTS ON RSAWIT (5113) Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-12-story-h-157022312-SOME_FURTHER_THOUGHTS_ON_RSAWIT_5113_Calvin_Tan
2 weeks ago
calvintaneng
Post removed.Why?
2 weeks ago