RIMBUNAN SAWIT BHD

KLSE (MYR): RSAWIT (5113)

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Last Price

0.25

Today's Change

-0.005 (1.96%)

Day's Change

0.25 - 0.26

Trading Volume

2,302,200


18 people like this.

2,898 comment(s). Last comment by calvintaneng 8 hours ago

diablo88

1,215 posts

Posted by diablo88 > 2012-06-28 15:00 | Report Abuse

i already said what I need to say earlier on..cannot say more bro

diablo88

1,215 posts

Posted by diablo88 > 2012-06-28 15:01 | Report Abuse

Did you all read this headline 'Regional Plantation - Supply crunch to get more serious'

Posted by Namoyaki Takarajima > 2012-06-28 15:16 | Report Abuse

*diablo88, me searching back the trail on what is yr statement previously. Noted you have deleted some but i managed to cut & copy the screen captured from my tablet. hehehe..

Posted by Namoyaki Takarajima > 2012-06-28 22:53 | Report Abuse

Wah, just got the screen. This counter is nearly Overbought. Its on Uptrend. HOLDing position may hold up to the next TP. New player shall wait below RM1.

yfchong

5,877 posts

Posted by yfchong > 2012-06-29 09:53 | Report Abuse

@ NT any comment on Rsawit or Jtiasa which is preferable, however both counters go same player for sarawak.. THanks

diablo88

1,215 posts

Posted by diablo88 > 2012-06-29 09:53 | Report Abuse

You sure what you talking about?

Posted by Namoyaki Takarajima > 2012-06-30 12:17 | Report Abuse

diablo88. yes, very sure, strong support are ta RM0.97-RM0.99. as mentioned before, i honestly said taht i am not good in commodities but will keep on study and study. i am figuring out for the definitions of Overbought vs Oversold with this counter. Currently, the best time for me (*in my opinion) to buy this counter and to *keep for good (commodities trend) is when the GE is announced. the TP shall be below RM1.0. Meanwhile, for an intra-day contra strategy, we might consider for the range of RM1.1 (Buy at Dip) to RM1.07 to trade with. Further reading to support my statements was wrote by 'kltrader' at: http://klse.i3investor.com/blogs/kltrader/12883.jsp
P.S: thanks in advance 'kltrader'. Viva La Espana! Heheh.

diablo88

1,215 posts

Posted by diablo88 > 2012-07-02 10:21 | Report Abuse

respecting your view.
Remember, fundamental vs TA... my personal opinion is that fundamental alway rules

diablo88

1,215 posts

Posted by diablo88 > 2012-07-03 12:00 | Report Abuse

fundamental is strong, trust me. Don't miss the boat.

richman

10,110 posts

Posted by richman > 2012-07-03 12:06 | Report Abuse

diablo are u in the cb

messiBarca

598 posts

Posted by messiBarca > 2012-07-03 12:10 | Report Abuse

diablo, trust u and bought u @1.04

diablo88

1,215 posts

Posted by diablo88 > 2012-07-03 12:13 | Report Abuse

I am not a fan of call warrant... I am the fan of the mother :). No mother no call warrant.

richman

10,110 posts

Posted by richman > 2012-07-03 12:15 | Report Abuse

either way we are both WINNERS.

diablo88

1,215 posts

Posted by diablo88 > 2012-07-03 12:16 | Report Abuse

yes but you bigger winner :)

richman

10,110 posts

Posted by richman > 2012-07-03 12:24 | Report Abuse

I guess so but cannot count the eggs b4 they are hatched.

megarich

113 posts

Posted by megarich > 2012-07-03 12:28 | Report Abuse

Palm oil price increase recently so Rsawit should have technical Rebound.. Trading buy.

richman

10,110 posts

Posted by richman > 2012-07-03 15:22 | Report Abuse

rebound is coming.............the first resistance is $1.10cts

euscilyn

592 posts

Posted by euscilyn > 2012-07-03 16:13 | Report Abuse

richman : how's far the rate can go ?

diablo88

1,215 posts

Posted by diablo88 > 2012-07-04 10:13 | Report Abuse

you shall see...

diablo88

1,215 posts

Posted by diablo88 > 2012-07-04 10:21 | Report Abuse

but...just beware KLCI is hitting near high and correction might kick in

euscilyn

592 posts

Posted by euscilyn > 2012-07-04 10:22 | Report Abuse

So what's your target price ?

diablo88

1,215 posts

Posted by diablo88 > 2012-07-04 10:30 | Report Abuse

easily 1.15 but I think it will drop back soon and reclaim new high

richman

10,110 posts

Posted by richman > 2012-07-04 10:44 | Report Abuse

cheers diablo sold all my cb at 9 cts wait to buy back

euscilyn

592 posts

Posted by euscilyn > 2012-07-04 10:48 | Report Abuse

ok. so I hold n wait till reclaim new high at 1.50

diablo88

1,215 posts

Posted by diablo88 > 2012-07-04 10:55 | Report Abuse

sure...your choice of course

kcfan

1,881 posts

Posted by kcfan > 2012-07-05 21:44 | Report Abuse

Rimbunan Sawit may resume its uptrend after closing at its highest in over four weeks yesterday. A purchase can be made above RM1.06, with a close below the psychological RM1.00 as a stop-loss. The price target is RM1.50, provided that the recent high of RM1.20 is violated. However, a correction will likely follow should the stop-loss be triggered. Supports are seen at RM0.91 and RM0.83.

buybuybuy

695 posts

Posted by buybuybuy > 2012-07-05 21:55 | Report Abuse

Trading buy call on rsawit.

megarich

113 posts

Posted by megarich > 2012-07-08 22:58 | Report Abuse

This share will hit 1.20 within this week. CPO Price is Raising because of the america drought

buybuybuy

695 posts

Posted by buybuybuy > 2012-07-09 08:27 | Report Abuse

Wait until 1.15 to release .:)

euscilyn

592 posts

Posted by euscilyn > 2012-07-11 08:44 | Report Abuse

Wait until 1.50 to release.

megarich

113 posts

Posted by megarich > 2012-07-11 14:59 | Report Abuse

euscilyn you got the point,I might keep some until 1.50 then release

euscilyn

592 posts

Posted by euscilyn > 2012-07-11 15:01 | Report Abuse

Yes ! Make it happened.

tlngu

185 posts

Posted by tlngu > 2012-07-14 12:52 | Report Abuse

I don't think will hit 1.50 this year...1.30+- is the most. As long as the current 'BOSS' still there, it will like Subur...

Posted by Azimah Abdul Aziz > 2012-07-15 00:17 | Report Abuse

This share is at 67% discount....at 1.04....

igain88

33 posts

Posted by igain88 > 2012-07-15 13:07 | Report Abuse

This share always takes long time to go up.

buybuybuy

695 posts

Posted by buybuybuy > 2012-07-16 18:24 | Report Abuse

Rsawit has a lot of immature plantation which will bring a lot of money for the company at next few years. Thus I suggest to buy this share for long term investment and might have bonus issues soon like last year.

euscilyn

592 posts

Posted by euscilyn > 2012-07-17 07:55 | Report Abuse

Absolutely correct! This stock is suitable for those long term investment but for those short term may sell on 1.16~1.20. Therefore, for this moment will see volume but low momentum.

megarich

113 posts

Posted by megarich > 2012-07-31 10:09 | Report Abuse

Rsawit might announce the bonus issues because of the better earning forecast.

messiBarca

598 posts

Posted by messiBarca > 2012-07-31 10:41 | Report Abuse

megarich, where u got this information? When will declare

Posted by Buy What You Want > 2012-08-03 10:47 | Report Abuse

SELL : Pick up on RM 0.80

euscilyn

592 posts

Posted by euscilyn > 2012-08-10 09:40 | Report Abuse

If won't drop until 0.80. the lowest rate at 1.0~1.05.

richman

10,110 posts

Posted by richman > 2012-08-10 09:43 | Report Abuse

buy the cb and now u hv the ce ex price only 80cts conversion 3:1

euscilyn

592 posts

Posted by euscilyn > 2012-08-10 10:26 | Report Abuse

richman I never touch warrants before. Don't dare to play with because I'm very new in the market. Still learning from those senior at here. Tq

Jackpot

59 posts

Posted by Jackpot > 2012-08-10 14:46 | Report Abuse

Plantation is a long term investment. You cant have the instant yield which most greedy punters are interested. The palm tree needs time to grow and the fruit need time to mature and becomes ripe. The yield shall come gradually or organically as current technology could not make a palm tree to start producing the fruits the next day after it is planted. If not mistaken it need about 3 years. But once it is planted it will keep producing for the next 20yrs. wouldn't that wonderful. Its a money plant.

Of course they up and down of CPO price affects the profit. But are they in the RED during bad or good times?

The good thing about plantation stock, they have landbank. Landbank is tangible asset. It shall appreciate over time. Don't believe look at Sime Darby Property, all are converted plantation land they owned. I guess it is a safer bet compares to MESDAQ stocks. Technology could not last forever. Where is Sony or other Japanese high tech co? They are dirt cheap now. Public is already in favor for Samsung for time being.

I have my trust and believe in the plant. Just like American with thier Soya or Corn!

buybuybuy

695 posts

Posted by buybuybuy > 2012-08-13 16:00 | Report Abuse

strongly agree with jackpot. good comment. keep IT for long term...

hema

51 posts

Posted by hema > 2012-08-13 16:11 | Report Abuse

OK...That's sounds logical and for impatient ppl like me...it is time to be patient and wait for your money to grow.

buybuybuy

695 posts

Posted by buybuybuy > 2012-08-13 16:25 | Report Abuse

megarich said that rsawit might announce bonus issue . his tip is quite accurate as well.

euscilyn

592 posts

Posted by euscilyn > 2012-08-13 16:45 | Report Abuse

I'm agree with it but for bonus not for this years. Shall hold this until next year.

Posted by steveang > 2012-08-16 23:23 | Report Abuse

Agreed with jackpot. I strongly believe that we could make at least 50% returns within 2 years. Hold it bro...

kenlee

2,808 posts

Posted by kenlee > 2012-08-22 15:59 | Report Abuse

bonus again ? ...

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