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6 comment(s). Last comment by calvintaneng 2024-04-05 10:45

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!

calvintaneng

54,646 posts

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

calvintaneng

54,646 posts

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

calvintaneng

54,646 posts

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

calvintaneng

54,646 posts

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

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