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

Posted by calvintaneng > 1 month ago | Report Abuse

Kulim last two Qtrs results were in losses

yet Jcorp took Kulim private at Rm4.10