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Overview
Financial Highlight
Headlines
Business Background Rimbunan Sawit Bhd is engaged in providing farm products. The company is involved in the cultivation of oil palm and operation of palm oil mill. It also focuses on providing management services. The company is also an investment holding company. It receives maximum revenue in the form of dividend income. The company operates in the geographical segment that is Malaysia.
  Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ "Cutloss" Very quietly. :-) 16/03/2024 11:37 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Posted by calvintaneng > 2019-12-11 13:42 | Report Abuse Excellent rise Jaya tiasa or Giant Treasure Clap Clap Clap Time to sell into strength and switch to Nfcp bull run stocks like Netx, Opcom, Redtone and sacofa(cmsb) >>>> 😀 17/03/2024 7:35 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Cut-win? Cut-loss? 😊 So fascinating. 17/03/2024 7:39 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ RSawit How will earnings change? i) Lower costs ii) Higher prices iii) Expansion into new markets iv) Higher volume sold in old markets v) Changes in loss making operations RSawit is losing money. EBIT is negative; has been for many years. CL >>>CA. Surprisingly, the creditors and bankers have been very "kind" to this company. Even with disposal of assets and bank loans are settled, the outcome is just a smaller plantation company that continues to be poorly managed and still losing money. 17/03/2024 8:24 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Rsawit: Auditor raises material uncertainty related to going concern. Rimbunan Sawit’s auditor Messrs Crowe Malaysia PLT has raised a material uncertainty related to the going concern of the Main Market-listed plantation group in respect of the financial statement for the fiscal year ended 31 Dec 2022 (FY22). (The Edge) 😅 17/03/2024 8:04 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ The auditor qualified the audit. This carries more weight than any statements by a Singaporean. 17/03/2024 8:31 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Market manipulation describes a deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances with respect to the price of, or market for, a security, commodity or currency.[1] Market manipulation is prohibited in the United States under Section 9(a)(2)[2] of the Securities Exchange Act of 1934, and in Australia under Section s 1041A of the Corporations Act 2001. The Act defines market manipulation as transactions which create an artificial price or maintain an artificial price for a tradeable security. Examples Pools: "Agreements, often written, among a group of traders to delegate authority to a single manager to trade in a specific stock for a specific period of time and then to share in the resulting profits or losses."[3] Churning: "When a trader places both buy and sell orders at about the same price. The increase in activity is intended to attract additional investors, and increase the price." Runs: "When a group of traders create activity or rumors in order to drive the price of a security up." An example is the Guinness share-trading fraud of the 1980s. In the US, this activity is usually referred to as painting the tape[4]. Ramping (the market): "Actions designed to artificially raise the market price of listed securities and to give the impression of voluminous trading, in order to make a quick profit."[5] Wash trade: "Selling and repurchasing the same or substantially the same security for the purpose of generating activity and increasing the price" Bear raid: "Attempting to push the price of a stock down by heavy selling or short selling." 17/03/2024 9:46 PM  xiaoeh Posted by calvintaneng > 25 minutes ago | Report Abuse One stock called Prestar or Pre-Star - buy it before it turns into a Star has been a great success bought this one 2 to 3 times already now with pan Borneo highway and transkalimantan highway Prestar will do well again we see insiders buying Prestar just as we see insiders of Rsawit buying Financially seems healthy for Prestar not yet go through additional notes Thanks Calvin 17/03/2024 11:02 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ I observed manipulative activities in Netx during the dishonest and clever promotion by calvintaneng. The repeated pattern of 168 to ensure its price closed at a certain price. 18/03/2024 5:15 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ I observed manipulative buying of shares by the insider in TSH during the not so honest and clever promotion by calvintaneng. What I still try to fathom is the price of TSH dropping from RM 1.78 to just 1.00 while calvintaneng posting repeatedly his buy calls through those many months. Miraculously, the buying by the insider disappeared when the price was lower! 18/03/2024 5:21 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ >>>> Posted by Anderson101 > 32 seconds ago | Report Abuse Saya ingat kawan-kawan memanggil saya gila ketika saya mula melabur dalam bitcoin, sekarang saya membuktikan dengan pulangan mingguan empat angka. Semua berkat kepada Puan Melissa Valdez FX di Facebook. Saya akan terus memberi kesaksian kepada seluruh dunia bahawa beliau telah mengubah hidup kewangan saya. Memang, beliau yang terbaik. Jangan ketinggalan!+1 978-566-1833 >>>> TAHNIAH. Engkau kena memahami perbedzaan antara spekulasi dan pelaburan (Investment). Bukan salah membeli Bitcoin. Tentang “value” bitcoin is-lay 0. Harta (price) adalah daripada 0 (kosong) ke-harga tertinggi (unlimited) yang sesiapa mampu dan sesuka hati bayar. Belajar lah sejarah spekulasi “Tulip Mania” yang berlaku di Belanda pada zaman lepas sebagai ajaran. Juka belajar tentang pembelian dan penjualan Bitcoin olih Elon Musk untuk memahami perbedzaan antara spekulasi dan pelaburan tulen. 18/03/2024 5:39 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ I bought into APM a few years before 2008 GFC. By my assessment of its price then, it was very undervalued. Mr. Tan, a major shareholder and director was buying the shares of his company at regular intervals for many months. Throughout the period of his buying, the price of APM remained low, in the undervalued range. You need a lot of patience to hold this undervalued counter awaiting its repricing. Slowly before 2008, its price crept up. In 2008 GFC its price dropped in tandem with the drop in the share market. Mr. Tan did not sell. A couple or more years later, APM’s share price was much higher. Mr. Tan stopped buying and turned seller of his own company’s shares. 18/03/2024 5:50 AM xiaoeh Dear 3iii come name some stocks where which is highly undervalue and share price has not yet surged to its historical high one 18/03/2024 7:56 AM 5354_ Subur Tiasa next counter to watch for Tiong Hiew King related CPO counter ie J Tiasa and R Sawit. Subur Tiasa only RM 209 million shares in issue. 18/03/2024 9:58 AM value_invest Currently Only Jtiasa is turning around financially, operationally and printing money. Rsawit, Debts few hundred million, palm trees NOT good, companies still burning money for new plantings which will take another 6 to 7 yrs to yield, Debt gearing is expecting to go up further for expansion as almost no cash at bank now, LEGAL case sued by LDHN 58 millions.... That why they need to sell land to survive, need time, 6 to 7 or 10 yrs to turn around... Results will be in RED for many yrs to come... 18/03/2024 10:13 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ >>>> Posted by calvintaneng > 2 hours ago | Report Abuse If all these misgivings are true as stated then Direictors/ Insiders of Rsawit should be dumping all their shares and "ceased to be substantial" shareholders. On the contrary their buying shows a different picture In investing we must see beyond the "obvious" which the 95% loser also know That is why we must think as contrarian calvintaneng 53,084 posts Posted by calvintaneng > 2 hours ago | Report Abuse As for this perverted thinker who thought we can manipulate shares? Didn't he sees that buy call for bplant was 57 sen And Ltat took bplant private at Rm1.55 That is the obvious he failed to see >>>> Calvin is so defensive. Just stay with the fundamentals. 18/03/2024 1:20 PM warent People start switching jtiasa to rsawit, money from bplant switch to thplant and tdm 18/03/2024 7:38 PM  calvintaneng Today 4th April 2024 your wish is surpassed Rsawit closed over 25 sen to end at 26 sen Hold tight for the long boom up As Jtiasa was called the Jumping Tiger So we name Rsawit as the "Running Stallone!" So run Rsawit run!!! 04/04/2024 5:13 PM investor77 Will turn around under good management. Pare off debts by selling cheap land. Bumper profits ahead as cost of production low. Same owner as JTiasa, so can catch up to J Tiasa level in a few years Insiders buying as show of confidence. 05/04/2024 5:07 PM Albukhary Close 27sen, very good performance for this week. Next week will continue to charge up 05/04/2024 6:06 PM calvintaneng Rimbunan Sawit to beef up crop production and yield, By JACK WONG (Calvin Tan comments) https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-06-story-h-184606605-Rimbunan_Sawit_to_beef_up_crop_production_and_yield_By_JACK_WONG_Calvin 06/04/2024 3:18 PM Jeffbkt Hi Calvin, the article does not mention what is the target FFP in the coming quarters. If you look at the Jan and FEB FFP output it is still below 20K MT. 2023 turn around also due to one off of impairment reversal of 64M so in total 2023 is still not out of wood yet. Although the total plant area is big but only 20,849 ha of the oil palms were in prime mature age cluster (eight to 19 years). RSawit still required to replant the another 17,794ha which has old age plant in coming years. So I wonder how RSAWIT can be considered to be better than JTIASA which is currently net cash, pay dividend and FFP production is 4 times better than RSAWIT plus share base is half of RSAWIT. I guess the main question is still the FFP in the coming quarters. 06/04/2024 4:43 PM calvintaneng Jeffbkt There is a hidden secret in Rsawit which is superior and can leapfrog Jtiasa in value unlocking unknown to many While Jtiasa got huge Ffb harvest the Huge Pulau Bruits lands are only "rented" to Jtiasa. About 130,000 acres in Pulau Bruit are stated as "rented lands" For Jtiasa therefore it is more a pure earnings play just like Inno But for Rsawit it owns all its lands with title deeds and now that palm oil estates are in hot demand Rsawit will stand to reap a golden windfall notwithstanding its Ffb still low 06/04/2024 8:21 PM calvintaneng Hsong The Nta of rsawit is stated at 18 sen when its lands were purchased as early as year 1988 36 years ago and still at old book value In year 1988 a 2 storey bungalow on 10,000 sq ft land was worth Rm500k only Today is Rm12 millions to Rm15 millions So how much is rsawit lands worth today? Their cost is as low as Rm3,500 per acre One acre is 43,560 sq ft or about 4X the land size of bangsar bungalow And rsawit got 175,000 acres in Kuching, Sibu and Miri So if all are revalued how much do you think the revised Nta will be 06/04/2024 8:32 PM calvintaneng Now after Bplant was taken private THEEDGEDAILY revealed a piece of palm oil lands Bplant sold to Kedah Govt. From the market price we noted that Bplant book value only about 10% So Bplant made almost 1,000% profit by selling its Kulim lands to be converted into Kulim Industrial parks 06/04/2024 8:36 PM calvintaneng To all dear Investors of Rsawit Today Rsawit will conduct EGM to vote for sale of two palm oil estates totalling Rm165 millions There will be a good profit of Rm77 millions translated to a cash profit of 3.77 sen per share And this will be reported by Aug 2024 results Can ask for a "special dividend" if possible That's all Calvin 08/04/2024 6:08 AM calvintaneng Just noticed Mr. Gooi Seong Gum, Director of Kmloong is in Top 25 of Rsawit with 3 million Rsawit shares An endorsement by Kmloong people who are so conservative speaks volumes for Rsawit 08/04/2024 10:01 AM x_abe81 Thanks Calvin, with that EGM in mind and potential cash profit or special dividend should they proceed with the land sales, what is the fair value target for Rsawit share? 08/04/2024 10:09 AM calvintaneng x_abe81 yes since Top holder got more than 60% voting rights the Egm will pass As for value of Rsawit I bought Rsawit at around 60 sen in years 2015 to 2017 about the same time I also bought Thplant and Bplant around Rm1.00 to Rm1.10 range and bought Jtiasa around Rm1.20 Both Thplant and Bplant did not move much as they ranged Rm1.10 to Rm1.20. however both gave very good dividends as for Jtiasa it gave no dividend but share price jumped above Rm1.60 to Rm1.70 Rsawit was a total disappointment which I "cutloss" around 50 sen Now since Thplant up over 70 sen , Bplant taken private by Ltat at Rm1.55 and Jtiasa has surged back to Rm1.40 I think Rsawit is a laggard that should rise up much higher from here how high? I think 60 sen is the target and hopefully it will cross it's all time high above Rm1.00 one fine day 08/04/2024 10:45 AM calvintaneng AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES 09/04/2024 5:46 AM calvintaneng 30 sen? 28 sen already good it was only 22 sen not too long ago when Naysayers like iiinvestbodoh and others were casting doubts At last Rsawit the Running Stallone is 28 sen and up 27.2% this beats Warren Buffet"s yearly 25% performance already Go go Power Ranger! Go go The Running Stallone ! 13/04/2024 10:43 AM NonameAS Hope CPO dropped prices will not affected much rsawit further down again like previous day! 17/04/2024 7:31 AM NonameAS Why tauke rsawit dun wan to top-up again since the shares prices keeping dropping. Is it becos cpo prices not yet reached the lowest?? 18/04/2024 9:53 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
