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sold out rsawit today as deep analysis shows that company badly managed and their yield is terrible in the last 5 quarters it has gone from bad to worse.
a deep check most of its assets and plantation yield is Terrible. I don't see any company that will buy out rsawit as current circumstances. the only related company under tiong group is only jtiasa that is having great prospects. Good luck guys.hehehe
in order to position for privatisation counters u need to have vast knowledge bplant land mostly in prime areas where as rsawit land are mostly in sarawak where they are not so much value.
u need a certain breed of investors to buy rsawit and I don't see any company currently that wants to buy rsawit as their estates badly managed and note rsawit has the worst yield on their ffb. Good luck guys.hehehe
yes true but will take many years. nta of rsawit is mere 16.5cents compared to bplant rm1.28. so hope it clarifies not all companies is valuable. there are gems in penny stock just not this one.
the problem was many years ago they issue too much bonus issue and screw up the company along with bad management which resulted in what u see in rsawit. hope this helps. Good luck. hehehe
Becos i already mention
Agm will exercise capital reduction
Rsawit will turns into profitable and pays deviden
The insider already knows the result of the meeting on 19/9
I think they already start collecting the tickets volume now and for sure will have something happen to the prices tis week. if can pay dividends then is extra benefits for tis company. for those still believe it then can test the sweetness lo. Bravo !
swift action when I sold off all rsawit to switch fully to jtiasa has already seen the fruit as jtiasa is trading above 90cents when my entry was only at the low 70s. only in the long run will we see the difference. Good luck guys.hehehe
the good news is not at the agm, the good news should be what they are going to do for the low crop. only 2 catalyst drives share prices,growth and consistency. Good luck guys.hehehe
nothing will happen to this stock as their crop and yield is terrible. very badly managed,I don't see any dividends coming. if make money can exit and look for other gems. Good luck guys.hehehe
bro i think stay over this stock not bad lah, because the plantation model is already stop fired so long ago i think it will come is someday not too long
uncle kin prefer jtiasa so better dun persuade him to buy others stock bro. not the fans of rsawit yet.
anyway I can see now many ppl start to get involved tis stock. can see how the progress after tis.
in the market,every stock is being justified to be played. but in current market conditions,only good stocks prevail. not all penny stocks are gems,there maybe some gems along the way just not this one. Good luck guys.hehehe
Around jun bro
Uncle kin rsawit has 80,000 hectares of land in sarawak
Remember pan borneo highway and the movement of nusa jaya capital of indonesia will uplifted the value of land
tdm is similar to rsawit,low cpo prices lose money,high cpo prices make small profit.not much growth.depends mainly on what are your risk appetite. Good luck guys.hehehe