RIMBUNAN SAWIT BHD

KLSE (MYR): RSAWIT (5113)

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Last Price

0.26

Today's Change

+0.005 (1.96%)

Day's Change

0.25 - 0.26

Trading Volume

983,200


18 people like this.

2,896 comment(s). Last comment by calvintaneng 1 day ago

Posted by Koh Wee Kiat > 2017-05-29 08:07 | Report Abuse

I do forsee if they didnt sell the asset they will raise money from share market... So call profit i don think

Posted by Koh Wee Kiat > 2017-05-29 08:32 | Report Abuse

as what i comment earlier without 100m sales the co is making loss.

nkk53

1,426 posts

Posted by nkk53 > 2017-07-04 21:52 | Report Abuse

Bought 0.455

ryan7642

1,998 posts

Posted by ryan7642 > 2017-07-17 11:29 | Report Abuse

Top up another batch at 0.44 max lower my breakeven:)

Posted by Tan Wei Zhi > 2017-07-18 14:46 | Report Abuse

hi ryan, great analyse, going in @0.44 to lower down my breakeven..

Posted by Tan Wei Zhi > 2017-07-18 14:48 | Report Abuse

btw, any thoughts on cepat?

shaoha17

17 posts

Posted by shaoha17 > 2017-08-02 09:26 | Report Abuse

hi ryan, r u accountant for this company? Sound so confident of their account movement

ryan7642

1,998 posts

Posted by ryan7642 > 2017-08-24 23:26 | Report Abuse

no i am not..n i also stuck here too no choice sometimes plan doesn't goes well as it is..

Posted by cybermen35 > 2017-08-30 10:50 | Report Abuse

another loss making qtr

Posted by Jolin Lai Chi Pet > 2017-08-31 16:47 | Report Abuse

yup............but it has improve a lot. totally a BUY. next QR guarantee green result

lwyy60

477 posts

Posted by lwyy60 > 2017-08-31 18:34 | Report Abuse

Huge debt, low NAV. Good luck all.

wantocin

175 posts

Posted by wantocin > 2017-10-17 22:14 | Report Abuse

1st target 0.485

latif11

225 posts

Posted by latif11 > 2017-10-30 16:38 | Report Abuse

???

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2017-11-25 11:37 | Report Abuse

Read through few years of report, my purpose of study is to takeover 10-20% of shares few years later when it is dirt cheap. Wait for me ya, haha!

Management has very limited knowledge in planting, its naive to survive in this complicating world. (Its like they think raising a human being need only food, they don't provide education, social, vegetables, vitamins, fresh air, entertainment, internet etc) In their mindset, they only need to put in fertilizer for them to get cooking oil.

As a result, lower and lower yield over the years, I think their oil palm yield starts dropping as soon as it reaches the prime years (7 year), instead of 15 years.

Their planting area has labour shortage problem, doesn't look like management want to mechanise.

Cost is so high because yield is so low.

Probably a sizable area got ganodermia already, as management talks about replanting.

Hopeless if current management continues.

Posted by terry1115 > 2017-12-13 00:49 | Report Abuse

November production showing positive sign that RSAWIT should be able turn to black next quarter.
CPO 7,149.45
PK 1,579.04
FFB 34,326.53

Milling operation looks like start to bear fruits.
Comparison with corresponding year(2016)
CPO +55.96%
PK +71.86%

Posted by alstonnga > 2017-12-13 11:16 | Report Abuse

a very quiet counter

makubex718

161 posts

Posted by makubex718 > 2018-01-08 11:49 | Report Abuse

why die so hard this counter

Posted by Sebastian Sted Power > 2018-02-28 17:26 | Report Abuse

ppl company palm oil is process oil; rsawit is process grabage!! QR from bad to worse

Very lucky cut loss when 45cents. Seem like this counter should masuk garbage

Posted by Sebastian Sted Power > 2018-02-28 20:27 | Report Abuse

20cents I willl re-enter

nkk53

1,426 posts

Posted by nkk53 > 2018-03-05 15:32 | Report Abuse

Start fresh,intend to buy below 0.30

ivan9511

3,854 posts

Posted by ivan9511 > 2018-03-08 02:33 | Report Abuse

Yes. Rsawit limit up
Lucky today got one green green rsawit
You are the best now
Keep limit up

nkk53

1,426 posts

Posted by nkk53 > 2018-03-14 09:43 | Report Abuse

Pick up some @0.32

nkk53

1,426 posts

Posted by nkk53 > 2018-03-14 10:30 | Report Abuse

Price has almost reached bottom.Expect rebound v soon.

nkk53

1,426 posts

Posted by nkk53 > 2018-03-19 09:56 | Report Abuse

Just buy and keep for 1 mth

nkk53

1,426 posts

Posted by nkk53 > 2018-03-19 21:20 | Report Abuse

hng33-time to pick up again?

Posted by datuk_calvin > 2018-03-20 18:47 | Report Abuse

Rights issue

supersamy

663 posts

Posted by supersamy > 2018-03-21 09:06 | Report Abuse

well mediac move..might benefit as well

supersamy

663 posts

Posted by supersamy > 2018-03-21 09:18 | Report Abuse

coming up..watchout

Posted by Richard KH Wong > 2018-03-21 19:35 | Report Abuse

datuk_calvin may i know what right issue is that?

nkk53

1,426 posts

Posted by nkk53 > 2018-03-26 11:01 | Report Abuse

Pick up somemore 0.31

nkk53

1,426 posts

Posted by nkk53 > 2018-03-26 18:52 | Report Abuse

Trade war between Us and China will benefit and elevate oil palm price if China cut down and substitute soya import with palm oil.Let us wait and see

nkk53

1,426 posts

Posted by nkk53 > 2018-04-07 09:20 | Report Abuse

Strong support at 0.315 despite of the imminent trade war bet Xi and big fat hamsat Trump

nkk53

1,426 posts

Posted by nkk53 > 2018-05-17 10:45 | Report Abuse

This stock stays like still water and never runs deep

Gila

1 posts

Posted by Gila > 2018-05-30 02:00 | Report Abuse

我的媽媽從來沒聽完我說完一句話

Akihito

13 posts

Posted by Akihito > 2018-06-07 23:43 | Report Abuse

nkk53 Pick up some @0.32
14/03/2018 09:43

Akihito

13 posts

Posted by Akihito > 2018-06-07 23:43 | Report Abuse

4823746

Posted by thevillages > 2018-06-19 00:29 | Report Abuse

holland share for this , can cabut !

goodluck999

1,210 posts

Posted by goodluck999 > 2018-09-18 11:31 | Report Abuse

is time to scoop up from the bottom 0.225

Posted by gongxifacai > 2018-09-19 18:54 | Report Abuse

In my opinion, please stay away from this counter, however is your choice to invest in this company or not. The reason is very simple, just look at the annual report 2017 page 15, this company was only able to obtain 7.94 MT per HA. This is literally one hell of joke for a public listed plantation company. However people who wish to "goreng" or whatsoever, all the best and good luck to you =D

ivan9511

3,854 posts

Posted by ivan9511 > 2018-10-09 00:52 | Report Abuse

Whole word is selling

Arnold76

58 posts

Posted by Arnold76 > 2018-10-14 23:08 | Report Abuse

old plants and young plants is too many couse 7.94 per Ha. need 2 to 3 year recover

nkk53

1,426 posts

Posted by nkk53 > 2018-10-29 20:29 | Report Abuse

This director is not helping by selling like nobody

Annetan

852 posts

Posted by Annetan > 2018-10-29 20:48 | Report Abuse

The problem with this counter is that it has high borrowings ard 860 million.You will notice that most of KLSE 's counters that have high borrowings drop badly.With the amount of cash it has less than 1 million a/r of 13.5 million,just imagine how much you have to pay interest for about $578 million! It probably has to call right issue and some kind of restructuring ,just my opinion.

JoLee375

43 posts

Posted by JoLee375 > 2018-11-01 17:10 | Report Abuse

Could it be margin call?

nkk53

1,426 posts

Posted by nkk53 > 2018-11-17 10:13 | Report Abuse

Last disposed at 0.32.Plan to buy back below 0.16 after selling by director has stopped

nkk53

1,426 posts

Posted by nkk53 > 2018-12-20 10:05 | Report Abuse

Buy target aporoaching

leeno

18 posts

Posted by leeno > 2019-01-22 18:40 | Report Abuse

Congratulations to LENO who bought 14.5 sen and sold 21.0 sen. Belanja makan :D

wakjono

20 posts

Posted by wakjono > 2019-01-29 07:06 | Report Abuse

Monthly Production Figures (Mining / Plantation / Timber)

December 2018 : Product/Metric Tonne
Crude Palm Oil 10,330.06mt
Palm Kernel 2,276.11mt
Fresh Fruit Bunch 28,495.25mt

November 2018 : Product/Metric Tonne
Crude Palm Oil 11,137.57mt
Palm Kernel 2,435.49mt
Fresh Fruit Bunch 32,080.17mt

The FFB yield not promising;
i) must check the oil palm age profile
ii) check any local issues i,e land disputes, encroachment, legal etc

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-03-26 13:05 | Report Abuse

hope you all OK

shaoha17

17 posts

Posted by shaoha17 > 2019-04-05 15:52 | Report Abuse

i hear jayatiasa inject fund to it sister company(rsawit)

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