Rsawit will see q2 earning to be better than q1. Jan to march cpo price relatively lower.. compare to april to May.. hopefully june cpo can maintain >4000, may be NP will improved by 20 to 30% compare to q1.
My smallholding plantation made more money than rsawit this quarter, and I am retired...meanwhile pchem 900% YoY. why buy lousy short term stocks, when you can stick with long term monsters ?
>>>>>
calvintaneng Insider started buying Rsawit on the quiet Good days are ahead 30/07/2021 7:57 AM
" CRAZY AMOUNT OF SHARES BOUGHT , " NON STOP BUYING ORDERS " another IJM Plantation --- T ENACIOUS S AMSON H ERCULES ( TSH )
sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 = 21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00 almost RM 23.6 millions onwards
A potential indicator of a stock’s future performance is the level of stock that insiders are buying. In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital. Their access to non-public information puts more weight on their buying and selling decisions. With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason.
That is, they believe that information is going to be released that will boost the stock price in the near future.
Or , the next step is to take the company into serious consideration for private exercise.
Let us endeavour to find the
REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT -
AT CHAIRMAN LEVEL -
KELVIN TAN AIK PEN ----
MASSIVE CONTINUOUS BUYING ORDERS
(FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 )
NOT MORE THAN 132 TRADING DAYS ON TSH SHARES .
sub total : number of TSH shares bought from
1 March 2021 to
1 September 2021 =
21,850 ,000 shares
( 21,850 lots X average prices RM 1.08 = RM
23,598,000.00
almost RM 23.6 millions onwards
THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE.
Please note at this current time the KLSE market conditions are not favourable
in view of political uncertainties and
also the economic conditions , coupled with the cases of Covid -19
are on the increase thus creating poor sentiments in KLSE.
this is a garbage company. the gearing so high, how can it sustain? if it liquidates most of its assets, it is left with nothing by then and can get delisted.
Indeed Rsawit did not deliver as per the industry and peers. No wonder the market is selling it and go for other palm oil counters. The high cost of sales (90%-105% of revenue) and impairments are killing this company yearly. Rsawit needs to contain and lower their cost significantly to make profits. The high price of CPO wont save it if it cont to incur high cost of sales as the high price is only cyclical. Prior to 2011, the cost of sales was around 50-60% of revenue. Next it keeps increasing and Rsawit no longer can make profit. It reflected in the share price at it started to drop from around rm1.20 since 2012 to 0.2 now since there is no improvement at all on cost of sales but worsen.
Cost of sales high means they can't manage the cost well lah or the way they work is inefficient or there are lot of leakages and wastages in their operation or the directors pay themselves and their senior management highly regardless of the bad performance.
Managed to average down and collect at 21½sen yesterday. All these news of the prospect of small holding takeovers should put companies like RSawit in the limelight, no?
CPO futures likely to undergo technical correction next week Siti Noor Afera Abu / Bernama
October 02, 2021 10:34 am +08
CPO futures likely to undergo technical correction next week -A+A KUALA LUMPUR (Oct 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is poised for a technical correction next week following the uncertain price movement this week, dealers said.
Interband Group of Companies senior palm oil trader Jim Teh said the price was expected to hover between RM4,100 and RM4,200 per tonne with more physical buyers anticipated next week.
He said demand was projected to increase next week, which would reduce the stocks level.
“Besides physical buyers, the market pattern next week will also be influenced by paper trading," he told Bernama.
Meanwhile, Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said CPO trading would be focused on production and cue from soybean oil on the US Chicago Board of Trade next week.
“The launch of the East Malaysia Crude Palm Oil Futures (FEPO) contract by Bursa Malaysia will make news.
“Malaysian September supply and distribution estimates will also be out,” he said.
This Sarawakian family is doing a bad job in managing the Oil Palm business. They're good at the timber and plywood business but is a failure in the oil business. Suggest they sell this business and make capital repayment to shareholders if they can't turnaround the business eventhough the CPO prices are at record high which is not sustainable in the long run.
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....
Citadel9999
2,878 posts
Posted by Citadel9999 > 2021-05-24 20:32 |
Post removed.Why?