THE INVESTMENT APPROACH OF CALVIN TAN

RSAWIT (5113) Evidences of a Powerful Turnaround Palm Oil Stock you should not miss!, Calvin Tan

calvintaneng
Publish date: Wed, 10 Jul 2024, 09:12 PM
calvintaneng
0 1,844
Hi Guys,

I have An Investment Approach I which I would like to all.

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


Winner18  Calvintaneng ... U R THE BEST ! Your research is genuine !!!
24/10/2020 6:29 PM

See

Posted

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


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS RIMBUNAN SAWIT BERHAD ("RSB") (I) DISPOSAL OF A PARCEL OF AGRICULTURAL LAND ("SELANGOR ESTATE") BY R. H. PLANTATION SDN BHD ("RHPSB") TO MAHAWANGSA SUNGAI BOK PLANTATION SDN BHD ("MSBPSB") FOR A DISPOSAL CONSIDERATION OF RM90.00 MILLION; AND (II) DISPOSAL OF 4 PARCELS OF AGRICULTURAL LAND ("JAYAMAX ESTATE") BY JAYAMAX PLANTATION SDN BHD ("JPSB") TO MSBPSB FOR A DISPOSAL CONSIDERATION OF RM75.00 MILLION (COLLECTIVELY REFERRED TO AS THE "DISPOSALS")

RIMBUNAN SAWIT BERHAD
Mill
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

NON RELATED PARTY TRANSACTIONS

Description
RIMBUNAN SAWIT BERHAD ("RSB")

(I) DISPOSAL OF A PARCEL OF AGRICULTURAL LAND ("SELANGOR ESTATE") BY R. H. PLANTATION SDN BHD ("RHPSB") TO MAHAWANGSA SUNGAI BOK PLANTATION SDN BHD ("MSBPSB") FOR A DISPOSAL CONSIDERATION OF RM90.00 MILLION; AND

(II) DISPOSAL OF 4 PARCELS OF AGRICULTURAL LAND ("JAYAMAX ESTATE") BY JAYAMAX PLANTATION SDN BHD ("JPSB") TO MSBPSB FOR A DISPOSAL CONSIDERATION OF RM75.00 MILLION

(COLLECTIVELY REFERRED TO AS THE "DISPOSALS")

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


PLANTATION

Rimbunan Sawit Berhad (RSB) owns approximately 71,055 ha of plantation land in Miri, Kuching and Sibu, Sarawak. The details are stated as below:-

Company & Location
Area (Ha)
Lease Expiry Date
Bakong Estate, Miri


Part of Lot 6, Dulit Land District
613
29.12.2059
Lot 56, Bok Land District
2,750
27.09.2087
Lot 58, Bok Land District
2,388
27.09.2087
Part of Lot 59, Bok Land District
216
27.08.2058
Lot 65 Bok Land District
205
06.09.2065
Timrest Estate, Miri


Lot 64, Sawai Land District
5,656
04.04.2087
Lot 93, Sawai Land District
958
01.11.2059
Lot 1, Block 7 Sawai Land District
876.8
27.08.2058
Jayamax Estate, Miri


Lot 4, Block 9 Dulit Land District
3,025.7
08.04.2059
Lot 6, Block 9 Dulit Land District
1,934.1
08.04.2059
Lot 101 & 102 Sawai Land District
118
-
Temala Estate, Miri


Lot 13, Block 6, Telang Usang Land District
2,225
10.11.2087
Lot 14, Block 6, Telang Usang Land District
568.5
10.11.2087
Tabib Estate, Miri


Lot 18, Block 6, Telang Usang Land District
938
10.07.2087
Lot 19, Block 6, Telang Usang Land District
238
10.07.2087
Pelita Ekang-Banyok Estate, Miri


NCR Land at Long Ekang and Long Banyok
3,367

Pelita Ulu Teru Estate, Miri


NCR Land at Ulu Teru Land
7,900

Woodijaya Estate, Miri


Lot 197, Teraja Land District
2,181
24.10.2067
Nescaya Palma Estate, Sibu


Lot 13, Buloh Land District
4,100
12.03.2060
Novelpac-Puncakdana Estate, Sibu


Lot 11, Buloh Land District
1,440
27.05.2059
Lot 12, Buloh Land District
3,185
30.03.2060
Pelita Selangau Estate, Sibu


NCR Land at Selangau, Mukah
5,156.340

Pelita Lundu Estate, Kuching


NCR Land at Lundu District
7,354

Pelita Biawak Estate, Kuching


Lot 7, Block 3, Stungkor Land District
1,011
13.01.2062
Lot 28, Block 3, Stungkor Land District
249
13.01.2062
Lot 29, Block 3, Stungkor Land District
454.9
13.01.2062
Lot 30, Block 3, Stungkor Land District
1.73
13.01.2062
Lot 66, Block 11, Gading Lundu Land District
16.5
13.01.2062
Lot 91, Block 11, Gading Lundu Land District
417
13.01.2062
Lot 92, Block 11, Gading Lundu Land District
129
13.01.2062
Lot 93, Block 11, Gading Lundu Land District
0.084
13.01.2062
Lot 47, Block 12, Gading Lundu Land District
819.9
13.01.2062
Lot 247, Block 4, Stungkor Land District
404.5
13.01.2062
Lot 385, Block 8, Stungkor Land District
411
13.01.2062
Selangor Estate, Miri


Lot 56, Sawai Land District, Miri, Sarawak
4,857
21.02.2054
Sastat Estate, Miri


Lot 205, Teraja Land District
1504
05.08.2068
Formasi Abadi Estate, Miri


Lot 4, Apoh Land District
3,386
05.12.2070

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

Coins malaysia malaysian sen coins hi-res stock photography ...

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


1 Sen - Malaysia – Numista

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


Naim Holdings’ unit to dispose of Samarahan land for RM223.38m
By   Luqman Amin 

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


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

Lundu, Sarawak

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








Gading Lundu First Lot Mixed Zone Land For Sale Along Pan Borneo


RM 1,846,200

Land
4.91 Acres
Freehold
Agricultural
Jul 2, 11:07
Lundu


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


Gooi Seong Gum - Executive Director - Crescendo

crescendo.com.my
https://crescendo.com.my  › board-of-directors › 
His experience covers oil palm and rubber estate management, property development and construction site management. Since 1980, he has been a Director of SKL, 


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



Discussions
1 person likes this. Showing 15 of 15 comments

calvintaneng

Post removed.Why?

2 weeks ago

calvintaneng

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

Albukhary

GOOD RESEARCH!!

2 weeks ago

calvintaneng

Thank you Albukhary

You have survived long in i3
May you prosper now and stay safe

2 weeks ago

calvintaneng

Under Abang Jo

Kuching is fast developing

https://youtu.be/PdCucahAopY?si=xv-svwMIzPwlkFCT

2 weeks ago

hw0706

The problem with Rsawit is do not how to manage..

2 weeks ago

calvintaneng

That was last time

Now MD has come out to say they will change for the better

2 weeks ago

calvintaneng

In Peter Lynch's 6 category of stocks

Turnarounds are very powerful

https://youtu.be/DYyLrrQ0Os4?si=tTB9qyr0c-DqYjI1

2 weeks ago

calvintaneng

Also a cyclical..


Buy when it turns from rotten to mediocre

https://youtu.be/hCSD5zbNxeQ?si=ifPuJq6HjyV8Oe7e

2 weeks ago

calvintaneng

Post removed.Why?

2 weeks ago

calvintaneng

Post removed.Why?

2 weeks ago

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