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Overview
Financial Highlight
HeadlinesBusiness Background Sarawak Oil Palms Bhd is a Malaysia based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products and trading of oil palm products. The operating segments of the group are Oil palm and Property development. Oil palm segment contributes majorly to the group’s revenue. Geographical the company operates in Malaysia and Singapore, of which key revenue is derived from Malaysia.
  Mabel https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm 26/11/2023 9:33 AM Mabel https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil. Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes. Mabel Oil Production: MPOA 1-20 October 2023 Peninsular Malaysia: (+) 4.83% Sabah: (+) 4.26% Sarawak: (-) 0.54% East Malaysia: (+) 2.99% Total Malaysia: (+) 4.14% 26/11/2023 9:33 AM  titan3322 Already November 28 qtr results pun xberani release. I think must be bad. Taan ardy reported 31% lower profit but give 15 sen div which is very generous. The worst thing that can happen to SOP is reporting lower profit and give 4 sen div 🤔 28/11/2023 10:14 PM titan3322 Qtr released EPS = 10.62 which is not bad but still very stingy on dividends 🤣 29/11/2023 8:43 PM titan3322 Very low div yield as compared to other plantation Cos. Hope it doesn't issue any more ESOS further diluting its earnings. Does not reward shareholders unlike Taan etc. ! 30/11/2023 7:48 PM titan3322 Based on the delivered CPO price for October and November and the future price for December 2023 the earnings for qtr ending December 31 2023 could be worse than the previous Qtr ! 15/12/2023 9:13 PM Dehcomic01 Sarawak Oil Palms (SOP) is a Bursa plantation company. From a ROE perspective, it performed as good as my reference Bursa plantation company – KLK. From a fundamental perspective, it looks like a good company. https://www.youtube.com/watch?v=9KhboTCMdEg But is it a good investment? A good investment in one that can enabled you to make money. So you have to buy when the price is reasonable. Its current market price is about half its 5 year peak. Its LTM ROE is also about half its 5 year peak. https://i.postimg.cc/G2gjFDDC/SOP.png You might think that there is no margin of safety. But its average dividend yield over the past year was about 3.5%. On the balance of probability, it is a company worth digging further into. 20/01/2024 9:04 AM  EngineeringProfit Gua caya sama u, calvin. After selling close to 7.00, now I'm back for another round of profit$$$$ 16/02/2024 10:10 AM pang72 Everyone followed SOP while covid... Everyone still wanna follow SOP postcovid because exagriculture minister educated drink palm oil good for healthy so palm oil good selling now:) 07/03/2024 4:56 PM pang72 https://www.freemalaysiatoday.com/category/nation/2019/11/12/one-spoon-of-palm-oil-a-day-not-enough-take-a-bottle-bn-mps-mock-kok/ Effect lai liao... 07/03/2024 4:58 PM Mabel *Malaysia Plantations* *The unsung heroes of the nation (and the world)* 11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions. *>MYR23b in “social” contribution to the grateful for* Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic. *Food & health security roles often taken for granted* Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed. Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus. *Job security for the locals as well as guest workers* Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic). Well Done Guys! 11/03/2024 10:49 AM Johnzhang Results for Q1 2024 : Net profit +80% yoy on the back of higher production and lower cost of production. Operating cashflow for Q1 is a massive +299.4M! Excellent results 23/05/2024 10:10 PM EngineeringProfit Richer in cash. Decent dividend coming. TP 3.30. The group is implementing an effective recovery strategy to enhance its production, which includes cost control measures and a replanting program. However, the industry will still face challenges due to global economic conditions and the declining prices of commodities. 24/05/2024 6:20 AM Johnzhang CPO is over $4,000 again ! Without extraordinary losses, predominantly upstream plantation should do very well this year . I am back to plantation sector in a big way … 29/05/2024 4:55 PM Johnzhang Malaysia 1-31 May vs 1-30 Apr palm oil export (in mt): *AmSpec: 1,404,719 vs 1,144,100 (+260,619 or up 22.78%)* ITS: 1,481,916 vs 1,213,525 (+268,391 or up 22.12%) 01/06/2024 6:52 AM  calvintaneng SOP 300,000 ACRES IN SARAWAK LOW P/E VERY SAFE TRUMP IN POWER: TECH IN TROUBLE (A Prudent Person Foresees Danger & Hide himself, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155265511-TRUMP_IN_POWER_TECH_IN_TROUBLE_A_Prudent_Person_Foresees_Danger_Hide_hi 31/07/2024 12:57 AM calvintaneng RESULTS OF UNITED PLANT, CHINTECK PLANTATION & SARAWAK OIL PALM TELL US THAT WE SHOULD UPGRADE PALM OIL TO OVERWEIGHT, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155263555-RESULTS_OF_UNITED_PLANT_CHINTECK_PLANTATION_TELL_US_THAT_WE_SHOULD_UPGR 31/07/2024 7:31 AM calvintaneng TSH VERY SAFE TRUMP IN POWER: TECH IN TROUBLE (A Prudent Person Foresees Danger & Hide himself, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155265511-TRUMP_IN_POWER_TECH_IN_TROUBLE_A_Prudent_Person_Foresees_Danger_Hide_hi 31/07/2024 7:33 AM calvintaneng sop got 300,000 acres palm oil estate Lots of real profits https://www.tradingview.com/symbols/MYX-FCPO1!/ 02/08/2024 12:30 PM calvintaneng SOP VERY SAFE A TSUNAMI SHELTER UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155170407-UNDERSTANDING_DIFFERENT_FORMS_OF_VALUE_IN_VALUE_INVESTING_Calvin_Tan 03/08/2024 12:31 AM calvintaneng SOP VERY SAFE SHARE MARKETS COLLAPSING: SEE WHO ARE BUYING & HOLDING FIRMLY & WHO ARE SELLING AND RUNNING AWAY, Calvin Tan 34 seconds ago calvintaneng Read this 3 Times! https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155144398-SHARE_MARKETS_COLLAPSING_SEE_WHO_ARE_BUYING_HOLDING_FIRMLY_WHO_ARE_SELL 0 seconds ago 04/08/2024 1:16 AM calvintaneng SOP got 300,000 acres of palm oil land in Sarawak Now Solar farm will increase value by 50X according to Abang Jo SOP stands to benefit as 300,000 acres is 4X Penang Island at 72900 acres Also Cpo at Rm3917 SOP got lots of profits Hide in safety of SOP https://www.tradingview.com/symbols/MYX-FCPO1!/ 05/08/2024 8:36 AM mf BREAKING Japan stocks plunge 7%, extending last week’s rout; other Asia-Pacific markets also fall 05/08/2024 8:37 AM calvintaneng RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_ SOP GOT 300,000 ACRES (4 PENANG ISLAND OF 72.900 ACRES) WILL BENEFIT 16/08/2024 8:38 AM calvintaneng please do think very carefully see two macro picture 1. In Peninsular (West Malaysia ) there is a 52% diesel price rise as such all industries will be impacted by a corresponding rise of 5% to as high as 30% these will see higher cost 1. property 2. construction 3. construction material 4.logistic that send goods by lorry or ships 5. consumer food and drink which are bulky 6. Toll road owners as lorries now see higher operation cost by 52% they will make less trip so less collections from till others 2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff so all industries related to export to USA will be hit two things will hit all a universal price rise caused by rise of diesel 52% a universal tariff by USA from 10% to 60% that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there and palm oil export is more to India and China (not USA) 23/08/2024 10:18 AM calvintaneng https://www.tradingview.com/symbols/MYX-FCPO1!/. Many things out there now uncertain But we keep to what we know Cpo was Rm2600 MT in year 2020/1 when we started investing into 🌴🌴🌴 Now Fcpo over Rm3900 is up 50% Even though fertilizer and wages are also up we still see a good margin of profit So we will be content and keep safe better to be safe than sorry 29/08/2024 4:22 PM calvintaneng SOP (5126) A FANTASTIC RESULT AND A ROCK SOLID BALANCE SHEET FROM THIS PALM OIL COMPANY, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-29-story-h-153176392-SOP_5126_A_FANTASTIC_RESULT_AND_A_ROCK_SOLID_BALANCE_SHEET_FROM_THIS_PA 29/08/2024 7:38 PM nash2233 Top 25 shareholders own 99.13% of the company no wonder the share price is stagnant . 29/08/2024 8:25 PM Fabien _the efficient capital allocator YTD FFB grew 9% y-0-y. very impressive. 2H FFB production even better. 1H FCF already 30 sen or 270mil. Net cash above 1bil. This company worth at least RM4. 02/09/2024 4:39 PM  | |
