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6 comment(s). Last comment by calvintaneng 2024-04-05 10:45
Posted by calvintaneng > 2024-03-14 23:10 | Report Abuse
Investing does not need rocket science at all
It is just plain common sense
Rsawit gave its
Date of purchase
Location of lands
Acreage
Price/ original cost
All can see how cheaply they bought these lands 20 years ago in year 2003
Now just use a little brain and think
Anyone who had bought houses, lands, shops or condos in year 2003 (21 years ago till now 2024) would have seen their assets value double, triple or gone up even higher in value over the years
So is palm oil lands
They all go up in tandem
Posted by calvintaneng > 2024-04-05 03:30 | Report Abuse
Rsawit is now 26 sen
and will run up more
Jaya Tiasa is Jumping Tiger while Rsawit is the Running Stallone
🐴 🐎 is chasing up from 22 sen to 26 sen (and still galloping higher ) while 🐯 🐅 is already up from 63 sen to Rm1.43
Posted by EngineeringProfit > 2024-04-05 07:46 | Report Abuse
Calvin, stop baiting bilises into rsawit trap. The total value of its assets is just about one third of Kretam's or TSH's
Posted by calvintaneng > 2024-04-05 10:43 | Report Abuse
Kretam got only 100,000 acres
Rsawit got over 175,000 acres or twice the size of Penang Island 72,900 acres
Kretam purchased its lands from Npc Resources over Rm20,000 an acre recently
Rsawit bought its lands long long ago at cost still low Rm3,000 an acre
So Kretam is not cheap
For Rsawit anything below 50 sen still reasonable
And at 26.5 sen Rsawit is a bargain
Don't play contra
Just buy and hold tight
Example
But Bplant at 57 sen in 2021
After 24 sen dividend cost reduced to 33 sen
Ltat took bplant private Rm1.55
So from 33 sen to Rm1.55 is up 369% in 2 years
Just buy Rsawit and hold for 2 years best
Kretam lands only 100,000 acres
Rsawit lands are more than 175,000 acres
Forget Kretam as price not cheap
Posted by calvintaneng > 2024-04-05 10:45 | Report Abuse
Another great buy was Jtiasa at 63 sen in year 2021
Now Jtiasa is up over 100% to Rm1.40
Jtiasa still going up after Genine profit taking done
As for Rsawit it has potential to perform better by percentage from such a low base
No result.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
54,646 posts
Posted by calvintaneng > 2024-03-14 22:29 | Report Abuse
There is a saying, "In the land of the Blind the One-Eyed Man is King"
So in A World where No More Conversion of Forest land to palm oil is allowed THE ONES WHO STILL OWN LARGE TRACTS OF CONVERTED OIL PALM LANDS WILL COMMAND HIGH PRICES!