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24 comment(s). Last comment by qqq3 2019-01-22 13:10

eftee

1,210 posts

Posted by eftee > 2014-03-06 17:04 | Report Abuse

No harm sharing. I also not so happy with price. With so much land maturing in the next few years should be making money. I also will not keep it for long. Wait till this hot CPO blows over.

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-06 17:09 | Report Abuse

Ok maybe I tune it down. Present the facts, etc but avoid using dramatic language like "mismanage, better think twice, etc"

Can work ?

Euscilyn

592 posts

Posted by Euscilyn > 2014-03-06 17:22 | Report Abuse

no matter what as long making $$$.

Euscilyn

592 posts

Posted by Euscilyn > 2014-03-06 17:23 | Report Abuse

ha..ha.. good luck everyone. My Tp rm 1.05

Posted by Tang Michael > 2014-03-06 17:25 | Report Abuse

R sawit is a good share but the management is stingy and not aggrssive enough to develope it , please do give us more info .any worh or phrase is as good if it fits into the facts. Waiting.......

eftee

1,210 posts

Posted by eftee > 2014-03-06 17:39 | Report Abuse

I think they dare not show too much. Were the land mostly carved out of timber land after harvesting the logs. You know the lobby by NGOs.

5232050

5 posts

Posted by 5232050 > 2014-03-06 18:37 | Report Abuse

maybee the trees are as old as the directors, way of their productive years

Posted by Tee Kim Sai > 2014-03-06 21:26 | Report Abuse

please share if you know something that other people don`t know. Thank you.

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-06 21:29 | Report Abuse

Studying. Will post

Euscilyn

592 posts

Posted by Euscilyn > 2014-03-07 08:46 | Report Abuse

5232050 - As I know rsawit having a young tree and will be start harvest by 2014. Those old tree will cut off and replant again. For those directors I had no commend on it. But M'sian Chinese boss culture is typical type !!

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-08 14:13 | Report Abuse

I haven't finished studying the while group. But a quick glance through the 2011 acquisition circular showed that FFB yield for one estates injected was 1 MT per ha. This is absolutely shocking, an indication of poor management. Just to give you a flavour of my coming article, it is unlikely to be pretty

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2014-03-11 07:24 | Report Abuse

from my source, rimbunan sawit havn't exercise land treatment yet when they starting planting at peat soil land compare with sop or jtiasa. So FFB yield may not compete with other sarawak plantation company.

speakup

27,034 posts

Posted by speakup > 2014-03-11 07:26 | Report Abuse

Jtiasa & Rsawit both same owners. The Tiong family.

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2014-03-11 09:50 | Report Abuse

rimbunan sawit earlier new planting are not exercise land treatment.

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-11 10:00 | Report Abuse

Aborted. Impossible to analyze. They reported monthly CPO production but not FFB. As such, no way I can figure out how much FFB they produce (CPO production figure is meaningless as the FFB can be from external source).

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2014-03-12 07:55 | Report Abuse

Icon888, rimbunan sawit are start given FFB amount start from this Feb, their FFB is 36722 T .Hopefully u can start analyze again.

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2014-03-12 07:55 | Report Abuse

Feb cpo 4217 MT

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-17 19:42 | Report Abuse

ricky kiat, i saw that. Like what you said, they only started doing that in Feb 2014. One month figure is meaningless. I need at least 12 months.

hopeless company...

Up_down

4,346 posts

Posted by Up_down > 2014-03-17 23:11 | Report Abuse

Icon. Another stingy company does not want to release more information of the company. If you look its acquisition few years back (> five years), Rsawit was actually bought many young plantation palm oil planted land. It's just you need to take more time to dig out those data.

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-17 23:33 | Report Abuse

Up_Down, I have browsed through the circulars. Let me share something with you that will make you fall off your chair - one of the prime age estate they acquired produced ONE metric tonne of FFB per Ha.

PRIME estate

That is why they don't dare to show FFB trend.

Of course, the above mentioned FFB info was 2011 figure. But you can tell from there what kind of management skill they have

Up_down

4,346 posts

Posted by Up_down > 2014-03-18 11:49 | Report Abuse

They started to dish out FFB production since Jan 14. It seems Rsawit is more confident in revealing more information. All Jtiasa, Subur Tiasa & Rsawit are ultimately placed under the same Tiong's family. The management is not really that professional as what you said.

Up_down

4,346 posts

Posted by Up_down > 2014-03-18 13:56 | Report Abuse

I would expect a FFB production growth of 10% as most of its young planted area acquired in Year 2008 & 2009 would enter maturity or prime stage.

FFB production
Year 2012 - 459,597 mt
Year 2013 - 424,502 mt
Year 2011 - 367,866 mt

qqq3

13,202 posts

Posted by qqq3 > 2019-01-22 13:10 | Report Abuse

looking at the chart reminds me of....one common cardinal sin.....


https://klse.i3investor.com/blogs/qqq3/187899.jsp

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