Highlights
KLSE: SOP (5126)       SARAWAK OIL PALMS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
3.45   0.00 (0.00%)  3.45 - 3.45  73,500
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Overview

Market Cap: 1,972 Million
NOSH: 572 Million
Avg Volume (4 weeks):81,436
4 Weeks Range:3.30 - 3.66
4 Weeks Price Volatility (%):
41.67%
52 Weeks Range:3.30 - 4.44
52 Weeks Price Volatility (%):
13.16%
Average Price Target: 4.50
Price Target Upside/Downside: +1.05

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  24-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  26-Aug-2021
T4Q P/E | EY: 9.39  |  10.65%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 4.2971  |  0.80
T4Q NP Margin | ROE: 7.61%  |  8.55%

Headlines

Date Subject
13-Jul-2021 Plantations - Sector Update - Inventory rose 2.8% mom to 1.61m tonnes
27-Jun-2021 Plantation - Sector Update - Outlook 2H21: In the limelight
10-Jun-2021 MPOB Monthly Statistics May 2021 - Inventory rose 1.5% mom to 1.57m tonnes
08-Jun-2021 PublicInvest Research Headlines - 8 Jun 2021
08-Jun-2021 Mplus Market Pulse - 8 Jun 2021
03-Jun-2021 Plantations - 1Q21 Earnings review: Impressive performance
24-May-2021 Sarawak Oil Palms - Banking on higher palm product prices
13-Mar-2021 下跌股:砂拉越油棕 RM3.72支撑
07-Jan-2021 【行家论股/视频】砂拉越油棕 下游业务前景看俏
02-Dec-2020 Economy
02-Dec-2020 Mplus Market Pulse - 2 Dec 2020
27-Nov-2020 Sarawak Oil Palms - Results is looking good
11-Sep-2020 MPOB Monthly Statistics August 2020 - August Production Increased 3.1% to 1.86m tonnes
27-Aug-2020 Sarawak Oil Palms - Benefiting From Higher ASP of Palm Products
14-Aug-2020 Daily technical highlights – (SOP, JHM)
14-Aug-2020 Stocks on Radar - Sarawak Oil Palms (5126)

Business 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.
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  5 people like this.
 
calvintaneng SOP IS UNDERVALUE NOW
21/05/2021 12:16 PM
Up_down ESG is being misused by the certain group of people. When a sector is making good money then then market manipulators dish out ESG problems. Soon or later, every sector will be facing ESG issues.
22/05/2021 6:15 PM
calvintaneng FUNDAMENTALLY SOLID

SOP IS GOOD
23/05/2021 10:35 PM
24/05/2021 5:24 PM
kinuxian Y2Y. 1Q21 79m (7mil gain on derivative), 1Q20 74m (37.9mil gain on derivative)

2nd highest quarter profit since 2011. Q2 shall be interesting.

https://www.theedgemarkets.com/article/malaysias-bourse-launch-east-malaysian-palm-oil-contract-3q
This is positive structural change that benefit to Sabah/Sarawak planter too.
24/05/2021 5:44 PM
Gabriel Khoo 2nd highest? I thought the highest
24/05/2021 5:53 PM
kinuxian Highest 81.9 - Q3 2011. Don't forget Q1 is low season.
24/05/2021 5:57 PM
Johnzhang Robust profit will show up in Q2 2021
24/05/2021 7:07 PM
Gabriel Khoo this is the highest quarter ever, you have included minority interests for q32011
24/05/2021 7:32 PM
kinuxian https://klse.i3investor.com/financial/QoQ/quarter/5126/30-Sep-2011_416874282.jsp
24/05/2021 7:49 PM
Gabriel Khoo Nope. U zoom in the figure. Its the higest last time 76only
24/05/2021 8:52 PM
kinuxian U were right. I just grab the figures from i3 summary table.
24/05/2021 9:31 PM
Jonathan Keung New contract @ good for Sabah & Sarawak planters to ride on the CPO uptrend
24/05/2021 11:20 PM
calvintaneng SOP is good

Revenue up

profit up

net assets also up

price down is an opportunity
25/05/2021 9:49 AM
Johnzhang What opportunity in a dead market ?
25/05/2021 12:55 PM
Mabel Minyak masak sawit sangat berkualiti,
Makan rendang sehingga mejilat jari,
Plantation rally sudah mari
Banyak Farmer senang hati

Meow Meow Meow
25/05/2021 10:38 PM
Johnzhang No hope for the dying Malaysian stock market. I am shifting to other market and other asset classes.
27/05/2021 1:07 PM
Gabriel Khoo value investing
02/06/2021 1:12 PM
Mabel Yesterday’s FCPO selling pressure again was capped within the ongoing support of MYR3,845 and the 61.8% FR level. Selling pressure appears to be moderating at aforementioned level as we expect a recovery soon.

Buying interest continued to pick up over the past six days and we expect the FCPO to rebound, leading to further recovery soon.

Mabel expect FCPO consolidation is about to end...Uptrend still intact...

For those who decided to run, please run and take shelter at the Plantation. Come and join us at the plantation. Weather is beautiful and CPO is doing great. It's a great opportunity to feed 8 billion people across the planet.

As long as CPO is trading above RM 3,000 we can expect windfall profits for the coming quarter.. Currently CPO prices is at its best..

Meow
02/06/2021 11:06 PM
kinuxian Datuk Amar Haji Ahmad Tarmizi Bin Haji Sulaiman, Setiausaha Kewangan Negeri Sarawak resigned from the board... Hmmm
04/06/2021 5:51 PM
Gabriel Khoo Whats your view?
06/06/2021 3:51 PM
kinuxian Lets see who going to replace him first. Sarawak state owned 45mil share.

2Q might bag over 100mil+ profit if cpo output maintained on y2y & no surprise hit. Company keep doing land acquisition so far.
06/06/2021 7:33 PM
Gabriel Khoo Biofuel is a future. Like it or not when other edible oil is shortage due to high feed stock being cinsumed for biofuel...eventually peoples will hunt for palm oil
07/06/2021 12:48 PM
Gabriel Khoo Sop stratergy to expand property segment is good provided they continue to focus on low and affordable landed lroperty
07/06/2021 12:49 PM
Johnzhang In today's StarBiz,. the headline article on plantations M&A is very interesting. In there , there is valuation of plantation brownfield estate by the industry expert Mr Chandran . Mr Chandran has the credentials to speak about this subject.
On the other hand,. those IB analysts who only work from computer desktop in a cosy office tell you half baked story.
14/06/2021 8:38 AM
lcs13579 When dividend given for SOP?
15/06/2021 10:18 AM
Bgt 9963 Good morning...!
15/06/2021 10:34 AM
lcs13579 Y today drop, is it dividend will be x on end of June?
15/06/2021 12:08 PM
yfchong CPO.......
15/06/2021 1:26 PM
kinuxian Market react to Biden potential move. His election promise was committed to clean energy and biofuel blending mandate is part of his policy. Now wait to to see if he really uturn, to please refinery workers instead farmers and environmentalist.

CPO track SBO closely and CPO is react more sharply with spread over USD650 currently. Production is going peak on Q3 but labor shortage remained as key concern due to delaying incoming of migrate workers, hence output might not as good as most analysis stated. SBO rally is by and large due to biofuel strategy aside from weather and other factors.

https://www.foodbusinessnews.net/articles/7-soyoil-limit-down-after-white-house-revelation
15/06/2021 1:35 PM
kinuxian http://biomassmagazine.com/articles/17318/biden-announces-commitment-to-rfs

See if he going to swallowed these words, or find a balance strategies.

Instead of standing with those who till our land and sow our fields, we have a president who has sold out our farmers by undercutting the Renewable Fuel Standard with the granting of waivers to Big Oil,” Biden said
15/06/2021 1:42 PM
Gabriel Khoo https://farmpolicynews.illinois.edu/2021/06/biden-administration-reportedly-considering-rfs-relief-for-oil-refiners/
15/06/2021 1:54 PM
kinuxian First time I see analyst with bullish view on CPO on 2H21.

https://www.theedgemarkets.com/article/cpo-may-hit-rm3800-tonne-3q21-4q21-%E2%80%94-ocbc

I guess profit taking on plantation stocks across the board may due to B20 delay again too.
15/06/2021 4:28 PM
yfchong CpO drops below 2500... only come n look see look see
20/06/2021 5:42 PM
Gabriel Khoo https://www.theedgemarkets.com/article/india-removes-restriction-import-refined-palm-oil
01/07/2021 6:42 PM
Gabriel Khoo Hoe said Sarawak Oil Palms is guiding for RM220 million in capex for FY21, which comprises new refining capacity of 800 tonnes/day (to be completed in 3Q21) and extra 300 tonnes/day for its biodiesel plant expansion (completed by end-2020), on top of the usual upstream maintenance — she revised FY20-22 earnings forecasts by 4-13%.
7 Jan 2021 RHB...
01/07/2021 10:23 PM
Gabriel Khoo Upstream player cannot bull for long term...only intregrated player can sustain high earnings
01/07/2021 10:24 PM
jinova546 Not good at all....Gonna drop back to rm2 - rm1....sad
02/07/2021 4:59 PM
Jonathan Keung So much hope pin on SOP but never moved
06/07/2021 11:53 AM
Mabel Although FCPO is trading near the critical resistance, buying interest remained elevated, thanks to
external boost from Soybean Oil. A stronger market structure was observed within a smaller timeframe, and we expect FCPO to test the upper resistance level ahead.

SUPPORT
S1: MYR3,840 S2: MYR3,740

RESISTANCE
R1: MYR4,000 R2: MYR4,155

MOMENTUM
Improving buying interest

TREND
Re challenge the resistance

Meow
14/07/2021 7:15 PM
Jonathan Keung Despite the much higher CPO pricing. SOP never stirs from it's slumber.holding it for a long time still negative returns
19/07/2021 12:29 PM
calvintaneng SOP UNDERVALUE

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-25-story-h1568786114-List_of_retail_sectors_allowed_to_open_during_MCO_3_0_By_New_Straits_Ti.jsp
25/07/2021 7:38 PM
guppycrow Best buy
27/07/2021 10:19 AM
enning22 indonesia is having serious covid problem,less labors in estates , palm oil supply in critical low condition., could last for a long ,long time....palm oil price could stay above 4000 rm for some time......
27/07/2021 3:26 PM
calvintaneng GOOD NEWS FOR SOP

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-28-story-h1568845602-MALAYSIA_JUNE_21_EXPORT_STATISTIC_SHOWS_THAT_PALM_OIL_AT_33_3_GROWTH_HA.jsp

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-28-story-h1568845602-MALAYSIA_JUNE_21_EXPORT_STATISTIC_SHOWS_THAT_PALM_OIL_AT_33_3_GROWTH_HA.jsp
29/07/2021 12:03 AM
Bgt 9963 Good morning.
29/07/2021 8:52 AM
Plantermen Yes. Export value for palms much higher thanks to better CPO prices. But SOP still struggling and lethargic
29/07/2021 11:42 AM
calvintaneng The time has come for SOP to perform

Many happy returns
30/07/2021 7:51 AM
Bgt 9963 Good morning.!
30/07/2021 8:53 AM
Mabel Today Top up 500 SOP shares

Meow Meow Meow
02/08/2021 9:31 AM


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