Highlights
KLSE: SOP (5126)       SARAWAK OIL PALMS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
3.67   0.00 (0.00%)  3.60 - 3.67  39,300
Trade this stock for as low as 0.05% brokerage. Find out more.

Financials


Market Cap: 2,095 Million

Market Cap 2,095 Million
NOSH 571 Million

Latest Audited Result:  31-Dec-2018

Latest Audited Result: 31-Dec-2018
Announcement Date 30-Apr-2019
Next Audited Result: 31-Dec-2019
Est. Ann. Date: 30-Apr-2020
Est. Ann. Due Date: 28-Jun-2020

Latest Quarter:  30-Sep-2019 [#3]

Latest Quarter: 30-Sep-2019 [#3]
Announcement Date 28-Nov-2019
Next Quarter: 31-Dec-2019
Est. Ann. Date: 28-Feb-2020
Est. Ann. Due Date: 29-Feb-2020
QoQ | YoY   1,743.11%  |    74.32%

Annual (Unaudited) ( EPS: 10.74, P/E: 34.18 )

Revenue | NP to SH 3,532,890  |  61,300
RPS | P/RPS 618.85 Cent  |  0.59
EPS | P/E | EY 10.74 Cent  |  34.18  |  2.93%
DPS | DY | Payout % 6.00 Cent  |  1.63%  |  55.88%
NAPS | P/NAPS 3.75  |  0.98
YoY   -74.38%
NP Margin | ROE 1.89%  |  2.86%
F.Y. | Ann. Date 31-Dec-2018  |  28-Feb-2019

T4Q Result ( EPS: 8.39, P/E: 43.74 )

Revenue | NP to SH 3,031,858  |  47,900
RPS | P/RPS 531.09 Cent  |  0.69
EPS | P/E | EY 8.39 Cent  |  43.74  |  2.29%
DPS | DY | Payout % 5.00 Cent  |  1.36%  |  59.59%
NAPS | P/NAPS 3.77  |  0.97
QoQ | YoY   37.95%  |    -53.78%
NP Margin | ROE 1.57%  |  2.23%
F.Y. | Ann. Date 30-Sep-2019  |  28-Nov-2019

Annualized Result ( EPS: 9.56, P/E: 38.39 )

Revenue | NP to SH 2,731,436  |  54,577
RPS | P/RPS 478.46 Cent  |  0.77
EPS | P/E | EY 9.56 Cent  |  38.39  |  2.60%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   172.23%  |    -24.66%
NP Margin | ROE 2.01%  |  2.54%
F.Y. | Ann. Date 30-Sep-2019  |  28-Nov-2019


Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Click here to modify the Visible Columns.

Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2019 28-Nov-2019 30-Sep-2019 3 716,312 43,247 32,604 30,909 - 2,152,195 - % 4.55% 1.44% 570,874 125.48 125.48 5.41 5.41 0.00 0.00 3.7700 3.77   1,743.11%   74.32% 30-Sep-2019 2.08 1.66 38.42 0.55 2.60% 0.00% 28-Nov-2019 3.08 2.45 56.89 0.82 1.76% 0.00%
31-Dec-2019 23-Aug-2019 30-Jun-2019 2 590,200 1,401 887 1,677 28,543 2,152,195 1,702.07% 0.15% 0.08% 570,874 103.39 103.38 0.29 0.29 5.00 5.00 3.7700 3.77   -79.91%   -84.07% 28-Jun-2019 2.40 2.32 816.99 0.64 0.12% 2.08% 23-Aug-2019 2.05 1.98 697.85 0.54 0.14% 2.44%
31-Dec-2019 21-May-2019 31-Mar-2019 1 742,065 9,902 7,628 8,347 - 2,152,195 - % 1.03% 0.39% 570,874 129.99 129.99 1.46 1.46 0.00 0.00 3.7700 3.77   19.81%   -67.98% 29-Mar-2019 2.47 1.90 168.93 0.66 0.59% 0.00% 21-May-2019 2.37 1.82 162.09 0.63 0.62% 0.00%
31-Dec-2018 28-Feb-2019 31-Dec-2018 4 983,281 19,602 6,337 6,967 - 2,140,778 - % 0.64% 0.33% 570,874 172.24 172.24 1.22 1.22 0.00 0.00 3.7500 3.75   -60.71%   -85.87% 31-Dec-2018 2.10 1.22 172.07 0.56 0.58% 0.00% 28-Feb-2019 2.54 1.47 208.13 0.68 0.48% 0.00%
31-Dec-2018 28-Nov-2018 30-Sep-2018 3 870,342 30,712 19,258 17,731 - 2,135,069 - % 2.21% 0.83% 570,874 152.46 152.46 3.11 3.11 0.00 0.00 3.7400 3.74   68.39%   -67.38% 28-Sep-2018 2.78 1.82 89.51 0.74 1.12% 0.00% 28-Nov-2018 2.45 1.61 78.88 0.66 1.27% 0.00%
31-Dec-2018 29-Aug-2018 30-Jun-2018 2 774,907 18,955 12,737 10,530 - 2,146,486 - % 1.64% 0.49% 570,874 135.74 135.74 1.85 1.84 0.00 0.00 3.7600 3.76   -59.61%   -84.30% 29-Jun-2018 3.15 2.32 170.77 0.84 0.59% 0.00% 29-Aug-2018 3.01 2.22 163.18 0.80 0.61% 0.00%
31-Dec-2018 23-May-2018 31-Mar-2018 1 904,360 37,782 28,373 26,072 - 2,134,979 - % 3.14% 1.22% 570,850 158.42 158.42 4.57 4.57 0.00 0.00 3.7400 3.74   -47.11%   -61.04% 30-Mar-2018 3.70 2.34 81.01 0.99 1.23% 0.00% 3.45 2.18 75.54 0.92 1.32% 0.00%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 1,363,040 82,409 53,444 49,295 - 2,093,896 - % 3.92% 2.35% 570,543 238.90 238.76 8.64 8.63 0.00 0.00 3.6700 3.67   -9.32%   45.13% 29-Dec-2017 3.90 1.63 45.14 1.06 2.22% 0.00% 28-Feb-2018 3.72 1.56 43.06 1.01 2.32% 0.00%
31-Dec-2017 29-Nov-2017 30-Sep-2017 3 1,214,809 81,249 59,341 54,363 - 2,044,322 - % 4.88% 2.66% 571,039 212.74 212.80 9.52 9.52 0.00 0.00 3.5800 3.58   -18.93%   45.00% 29-Sep-2017 4.00 1.88 42.02 1.12 2.38% 0.00% 29-Nov-2017 4.16 1.96 43.70 1.16 2.29% 0.00%
31-Dec-2017 25-Aug-2017 30-Jun-2017 2 1,216,508 91,860 71,189 67,057 - 2,008,856 - % 5.85% 3.34% 570,697 213.16 213.09 11.75 11.75 0.00 0.00 3.5200 3.52   0.20%   99.81% 30-Jun-2017 3.56 1.67 30.30 1.01 3.30% 0.00% 25-Aug-2017 3.59 1.68 30.55 1.02 3.27% 0.00%
31-Dec-2017 29-May-2017 31-Mar-2017 1 1,096,175 102,581 72,623 66,925 - 1,944,380 - % 6.63% 3.44% 570,199 192.24 192.02 11.73 11.72 0.00 0.00 3.4100 3.41   97.04%   167.36% 31-Mar-2017 3.64 1.89 31.01 1.07 3.22% 0.00% 29-May-2017 3.60 1.87 30.67 1.06 3.26% 0.00%
31-Dec-2016 27-Feb-2017 31-Dec-2016 4 1,178,469 50,523 38,918 33,965 - 1,527,563 - % 3.30% 2.22% 464,305 253.81 206.43 7.32 5.95 0.00 0.00 3.2900 2.68   -9.40%   -22.93% 30-Dec-2016 3.68 1.45 50.31 1.12 1.99% 0.00% 27-Feb-2017 3.72 1.47 50.85 1.13 1.97% 0.00%
31-Dec-2016 30-Nov-2016 30-Sep-2016 3 1,134,731 61,364 42,849 37,491 - 1,481,071 - % 3.78% 2.53% 442,110 256.66 198.77 8.48 6.57 0.00 0.00 3.3500 2.59   11.71%   104.40% 30-Sep-2016 3.75 1.46 44.22 1.12 2.26% 0.00% 30-Nov-2016 3.74 1.46 44.10 1.12 2.27% 0.00%
31-Dec-2016 29-Aug-2016 30-Jun-2016 2 953,597 44,621 34,930 33,560 - 1,466,042 - % 3.66% 2.29% 441,578 215.95 167.04 7.60 5.88 0.00 0.00 3.3200 2.57   34.07%   96.57% 30-Jun-2016 4.00 1.85 52.63 1.20 1.90% 0.00% 29-Aug-2016 3.66 1.69 48.16 1.10 2.08% 0.00%
31-Dec-2016 27-Apr-2016 31-Mar-2016 1 1,035,709 31,628 23,983 25,032 - 1,417,155 - % 2.32% 1.77% 441,481 234.60 181.42 5.67 4.38 0.00 0.00 3.2100 2.48   -43.20%   359.30% 31-Mar-2016 4.62 1.97 81.48 1.44 1.23% 0.00% 27-Apr-2016 4.38 1.87 77.25 1.36 1.29% 0.00%
31-Dec-2015 26-Feb-2016 31-Dec-2015 4 1,360,624 59,675 44,687 44,073 - 1,392,706 - % 3.28% 3.16% 440,730 308.72 238.34 10.00 7.72 0.00 0.00 3.1600 2.44   140.28%   382.67% 31-Dec-2015 4.38 1.42 43.80 1.39 2.28% 0.00% 26-Feb-2016 4.30 1.39 43.00 1.36 2.33% 0.00%
31-Dec-2015 27-Nov-2015 30-Sep-2015 3 886,306 28,533 20,016 18,342 - 1,345,959 - % 2.26% 1.36% 439,856 201.50 155.25 4.17 3.21 0.00 0.00 3.0600 2.36   7.43%   -50.48% 30-Sep-2015 4.75 2.36 113.91 1.55 0.88% 0.00% 27-Nov-2015 4.65 2.31 111.51 1.52 0.90% 0.00%
31-Dec-2015 02-Sep-2015 30-Jun-2015 2 764,582 24,584 18,457 17,073 - 1,350,879 - % 2.41% 1.26% 440,025 173.76 133.93 3.88 2.99 0.00 0.00 3.0700 2.37   213.27%   -48.11% 30-Jun-2015 4.66 2.68 120.10 1.52 0.83% 0.00% 02-Sep-2015 3.80 2.19 97.94 1.24 1.02% 0.00%
31-Dec-2015 15-May-2015 31-Mar-2015 1 630,873 7,989 5,157 5,450 - 1,331,733 - % 0.82% 0.41% 439,516 143.54 110.51 1.24 0.95 0.00 0.00 3.0300 2.33   -40.31%   -83.82% 31-Mar-2015 5.09 3.55 410.48 1.68 0.24% 0.00% 15-May-2015 4.46 3.11 359.68 1.47 0.28% 0.00%
31-Dec-2014 27-Feb-2015 31-Dec-2014 4 863,734 12,373 9,960 9,131 - 1,321,361 - % 1.15% 0.69% 438,990 196.75 151.30 2.08 1.60 0.00 0.00 3.0100 2.31   -75.35%   -74.99% 31-Dec-2014 5.16 2.62 248.08 1.71 0.40% 0.00% 27-Feb-2015 5.55 2.82 266.83 1.84 0.37% 0.00%
31-Dec-2014 21-Nov-2014 30-Sep-2014 3 787,044 50,534 39,796 37,042 - 1,313,826 - % 5.06% 2.82% 439,406 179.12 137.87 8.43 6.49 0.00 0.00 2.9900 2.30   12.59%   -3.81% 30-Sep-2014 5.94 3.32 70.46 1.99 1.42% 0.00% 21-Nov-2014 5.90 3.29 69.99 1.97 1.43% 0.00%
31-Dec-2014 26-Aug-2014 30-Jun-2014 2 655,345 48,412 35,131 32,901 - 1,294,106 - % 5.36% 2.54% 438,680 149.39 114.80 7.50 5.76 0.00 0.00 2.9500 2.27   -2.32%   2,748.57% 30-Jun-2014 6.94 4.65 92.53 2.35 1.08% 0.00% 26-Aug-2014 6.00 4.02 80.00 2.03 1.25% 0.00%
31-Dec-2014 09-May-2014 31-Mar-2014 1 546,638 48,955 35,973 33,684 - 1,271,921 - % 6.58% 2.65% 438,593 124.63 95.75 7.68 5.90 0.00 0.00 2.9000 2.23   -7.72%   53.38% 31-Mar-2014 6.60 5.30 85.94 2.28 1.16% 0.00% 09-May-2014 6.46 5.18 84.11 2.23 1.19% 0.00%
31-Dec-2013 25-Feb-2014 31-Dec-2013 4 491,450 52,528 39,907 36,503 - 1,240,222 - % 8.12% 2.94% 439,795 111.75 86.09 8.30 6.39 0.00 0.00 2.8200 2.17   -5.21%   63.70% 31-Dec-2013 6.51 5.83 78.43 2.31 1.27% 0.00% 25-Feb-2014 6.04 5.41 72.77 2.14 1.37% 0.00%
31-Dec-2013 29-Nov-2013 30-Sep-2013 3 471,913 58,951 42,647 38,508 - 1,200,363 - % 9.04% 3.21% 438,088 107.72 82.66 8.79 6.75 0.00 0.00 2.7400 2.10   3,234.03%   -18.68% 30-Sep-2013 5.62 5.22 63.94 2.05 1.56% 0.00% 29-Nov-2013 6.10 5.66 69.40 2.23 1.44% 0.00%
31-Dec-2013 27-Aug-2013 30-Jun-2013 2 313,990 4,653 1,707 1,155 - 1,190,538 - % 0.54% 0.10% 444,230 70.68 55.00 0.26 0.20 0.00 0.00 2.6800 2.09   -94.74%   -97.90% 28-Jun-2013 5.60 7.92 2,153.85 2.09 0.05% 0.00% 27-Aug-2013 5.52 7.81 2,123.08 2.06 0.05% 0.00%
31-Dec-2013 30-Apr-2013 31-Mar-2013 1 427,058 29,304 21,803 21,961 - 1,223,086 - % 5.11% 1.80% 454,679 93.93 74.81 4.83 3.85 0.00 0.00 2.6900 2.14   -1.52%   -48.92% 29-Mar-2013 5.54 5.90 114.70 2.06 0.87% 0.00% 30-Apr-2013 5.63 5.99 116.56 2.09 0.86% 0.00%
31-Dec-2012 31-Dec-2012 4 383,778 22,138 18,593 22,299 - 1,353,557 - % 4.84% 1.65% 433,832 88.46 67.23 5.14 3.91 0.00 0.00 3.1200 2.37   -52.91%   -48.53% 31-Dec-2012 5.76 6.51 112.06 1.85 0.89% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 01-Mar-2013 30-Sep-2012 3 420,780 61,118 47,198 47,351 - 1,480,321 - % 11.22% 3.20% 482,189 87.26 73.71 9.82 8.29 0.00 0.00 3.0700 2.59   -13.94%   -42.19% 28-Sep-2012 6.55 7.51 66.70 2.13 1.50% 0.00% 01-Mar-2013 5.10 5.84 51.93 1.66 1.93% 0.00%
31-Dec-2012 04-Sep-2012 30-Jun-2012 2 281,602 73,369 54,865 55,021 13,870 1,391,707 25.21% 19.48% 3.95% 462,361 60.91 49.33 11.90 9.64 3.00 2.43 3.0100 2.44   27.98%   -29.40% 29-Jun-2012 6.29 10.33 52.86 2.09 1.89% 0.48% 04-Sep-2012 6.81 11.18 57.23 2.26 1.75% 0.44%
31-Dec-2012 08-May-2012 31-Mar-2012 1 228,783 57,310 42,946 42,992 - 1,360,863 - % 18.77% 3.16% 470,887 48.59 40.08 9.13 7.53 0.00 0.00 2.8900 2.38   -0.76%   -30.54% 30-Mar-2012 6.90 14.20 75.58 2.39 1.32% 0.00% 08-May-2012 6.66 13.71 72.95 2.30 1.37% 0.00%
31-Dec-2011 24-Feb-2012 31-Dec-2011 4 313,568 64,631 47,014 43,322 21,704 1,211,106 50.10% 14.99% 3.58% 434,088 72.24 54.93 9.98 7.59 5.00 3.80 2.7900 2.12   -47.11%   -11.12% 30-Dec-2011 5.59 7.74 56.01 2.00 1.79% 0.89% 24-Feb-2012 6.25 8.65 62.63 2.24 1.60% 0.80%
31-Dec-2011 29-Nov-2011 30-Sep-2011 3 326,055 103,433 81,919 81,911 - 1,166,950 - % 25.12% 7.02% 433,810 75.16 57.11 17.24 14.35 0.00 0.00 2.6900 2.04   5.10%   65.79% 30-Sep-2011 4.00 5.32 21.18 1.49 4.72% 0.00% 29-Nov-2011 4.75 6.32 25.16 1.77 3.98% 0.00%
31-Dec-2011 26-Aug-2011 30-Jun-2011 2 288,185 113,158 77,791 77,936 12,992 1,100,001 16.67% 26.99% 7.09% 433,071 66.54 50.48 15.92 13.65 3.00 2.28 2.5400 1.93   25.92%   162.51% 30-Jun-2011 3.76 5.65 20.89 1.48 4.79% 0.80% 26-Aug-2011 4.19 6.30 23.28 1.65 4.30% 0.72%
31-Dec-2011 12-May-2011 31-Mar-2011 1 238,484 81,554 20,578 61,894 - 1,033,898 - % 8.63% 5.99% 432,593 55.13 41.78 12.84 10.84 0.00 0.00 2.3900 1.81   26.98%   161.41% 31-Mar-2011 3.50 6.35 24.46 1.46 4.09% 0.00% 12-May-2011 3.48 6.31 24.32 1.46 4.11% 0.00%
31-Dec-2010 25-Feb-2011 31-Dec-2010 4 212,590 69,510 52,224 48,743 - 972,522 - % 24.57% 5.01% 430,319 49.40 37.24 10.43 8.54 0.00 0.00 2.2600 1.70   -1.34%   44.89% 30-Dec-2010 3.87 7.83 34.17 1.71 2.93% 0.00% 25-Feb-2011 3.68 7.45 32.49 1.63 3.08% 0.00%
31-Dec-2010 24-Nov-2010 30-Sep-2010 3 213,000 73,159 54,633 49,405 - 927,857 - % 25.65% 5.32% 429,563 49.59 37.31 11.46 8.65 0.00 0.00 2.1600 1.63   66.41%   98.76% 30-Sep-2010 2.81 5.67 24.43 1.30 4.09% 0.00% 24-Nov-2010 3.23 6.51 28.08 1.50 3.56% 0.00%
31-Dec-2010 27-Aug-2010 30-Jun-2010 2 157,464 44,179 32,853 29,689 9,653 883,805 32.51% 20.86% 3.36% 429,031 36.70 27.58 6.92 5.20 2.25 1.69 2.0600 1.55   25.39%   -14.56% 30-Jun-2010 2.65 7.22 38.29 1.29 2.61% 0.85% 27-Aug-2010 2.72 7.41 39.31 1.32 2.54% 0.83%
31-Dec-2010 27-May-2010 31-Mar-2010 1 145,104 35,287 24,572 23,677 - 853,573 - % 16.93% 2.77% 428,931 33.83 25.42 5.52 4.15 0.00 0.00 1.9900 1.50   -29.62%   257.55% 31-Mar-2010 2.98 8.81 53.99 1.50 1.85% 0.00% 27-May-2010 2.41 7.12 43.66 1.21 2.29% 0.00%
31-Dec-2009 25-Feb-2010 31-Dec-2009 4 133,022 46,725 35,685 33,641 - 826,434 - % 26.83% 4.07% 428,204 31.07 23.30 7.85 5.89 0.00 0.00 1.9300 1.45   35.34%   163.52% 31-Dec-2009 2.83 9.11 36.02 1.47 2.78% 0.00% 25-Feb-2010 2.70 8.69 34.37 1.40 2.91% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  5 people like this.
 
enning22 yes ,that's more realistic.----so we have 52m(total supply) -9m(b30) -6m(indonesia food consumption) -15m (India total consumption)=22m for the rest of the world.;the glut of oil is very much reduced.cpo price of 2600-2700 is quite ok .
29/11/2019 10:35 PM
Up_down As said before price of CPO is largely dependent on soy oil price. If soy bean production low enough then the price of CPO may go higher. US soy bean production is projected 20% lower in year 2019 comparing with 2018.
29/11/2019 10:38 PM
enning22 china experienced severe "swine fever"nation wide;so pigs were slaughtered, so little supply of pig animal oil , they would import more palm oil to make up the gap.
29/11/2019 10:51 PM
Gabriel Khoo Result Review:
Sarawak Oil Palms Results above expectations

HOLD | RM 2.98 ▲

SOP’s 3Q19 PATAMI increased 74% to RM30.9m due mainly to margin improvement in plantation segment on higher production and improved palm products sold. On qoq basis, PBT increased more than 30 times to RM43.2m as higher production and transacted products volume helped to mitigate a weak ASP realised of PK products.

3Q19 saw both FFB and CPO production increased by 29% to 395K MT and 123K MT respectively, with PK production rising 36% to 27k MT. On the other hand, ASP realised of palm oil increased marginally by 1% to RM2,077/MT while palm kernel dropped 3% RM1,394/MT

9M19 profit was above ours and consensus’ estimates. Nonetheless, during the period, PBT was down by 38% as revenue slipped 20% to RM2.05bn. The decline in ASP realised and lower palm products volume, aided by weak other operating income of RM10.5m (-65% yoy) and lower margin from property segment contributed to the lower results.

Maintain HOLD with new TP of RM2.98 (RM1.98 previously) based on target P/B of 0.8x and 2-years average BV/share of RM3.72. We have revised our FY19 and FY20 earnings forecast higher to RM56.3m and RM79.1m respectively from RM20.7m and RM48.4m previously, as we adjusted our assumption on costs of sales and operating expenses lower.
30/11/2019 1:11 AM
yfchong Per q can maintain Ave profit 25 mil will be ho aieh
30/11/2019 11:20 AM
enning22 per q --25m ,not good enough, 40-50m quite satisfactory, 25x4=100monly ;;while 40 x4=160m,50x4=200m, per annum , can give 10% dividen, and bonus.. and the share capital is only 570m.
30/11/2019 1:58 PM
Gabriel Khoo at 2600 to 2700 one quarter at least 55M
30/11/2019 3:13 PM
Gabriel Khoo cost cutting messure and automation can help SOP save about 40M p.a. on top of additional rm100 cpo can contribute about PBT 30M p.a. to SOP
30/11/2019 3:15 PM
enning22 Reuters reported that the implementation of Indonesia’s B30 biodiesel plan would reduce the country’s fossil fuel consumption by 165,000 barrels per day. A government official said that the 9.6mil KL (8.4mil tonnes) of fatty acid methyl ester to be used in B30 in year 2020F is equivalent to 165,000 barrels per day. Also, the government will start preparing research for B30 after officially launching B30 in January 2020.

https://klse.i3investor.com/blogs/AmInvestResearch/242478.jsp
02/12/2019 11:50 AM
cpo_ Date Settlement Price RM
3 Dec 19 2747
2 Dec 19 2733
29 Nov 19 2744
28 Nov 19 2720
27 Nov 19 2687
26 Nov 19 2676
25 Nov 19 2733
22 Nov 19 2748
21 Nov 19 2667
20 Nov 19 2685
http://mpoc.org.my/daily-palm-oil-price/
04/12/2019 9:21 AM
cpo_ 3rd Dec 2019 daily settlement RM 2747 2nd highest in 2019 why SOP not moving up?
04/12/2019 9:22 AM
Gabriel Khoo Be patient
04/12/2019 10:52 AM
Gabriel Khoo Indonesia aims to start making green diesel in 2022
DEC 4, 2019 08:28 AM
[JAKARTA] Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kilolitres, a senior official in the Energy and Mineral Resources Ministry said on Tuesday.

Indonesia, the world's largest palm oil producer, wants to develop green diesel, a second generation biodiesel. It currently uses biodiesel made from fatty acid methyl ester (FAME) from palm oil, which is blended with fossil fuel.

Green diesel can be made by refining fossil crude oil and palm derivatives together in a single process, or refining palm oil in dedicated refineries.

FX Sutijastoto, director general of renewable energy at the ministry, told a parliamentary hearing his estimate of 2022 production was based a on business plan by Indonesia's state energy company PT Pertamina, although further studies were needed.

Pertamina is planning to develop refineries which can produce diesel from palm oil. Mr Sutijastoto said there seven companies were interested in building refineries to produce green diesel, including Wilmar International, a Singapore-based agribusiness firm.

By 2024, Indonesia should be able to increase production to 6.1 million kilolitres, according to ministry data presented to Parliament.

From January, the country is set to bring in the mandatory use of B30 fuel, a biodiesel with 30 per cent FAME blend. It would be expanded from the current 20 per cent bio-content.

The B30 programme has sparked palm price rally in recent months due to concerns that Indonesia will have less palm oil to export.

Indonesia is expected to consume 10.1 million kilolitres of FAME in 2022, ministry data showed on Tuesday.

President Joko Widodo sees the biodiesel programme as a way of offsetting a current account deficit caused by large energy imports, while also supporting demand for palm oil, one of Indonesia's main commodity exports.

Mr Joko has asked for further expansion of the biodiesel programme and ordered studies on mixing palm-based fuel with jet fuel.

REUTERS
04/12/2019 10:58 AM
enning22 马来西亚棕榈油产量短期难恢复

今年马来西亚和印度尼西亚棕榈油产区天气一直偏干,棕榈油产量一直未有显著增长。过去几个月印度尼西亚出现烟霾等恶劣天气,棕榈树生长受到影响。目前临近雨季,马来西亚棕榈油产量短期难以恢复。SPPOMA公布的数据显示,11月马来西亚棕榈油产量较10月降低14.26%,单产降幅达到16.37%。

在产量降低的同时,马来西亚棕榈油的出口相对良好。船运机构ITS数据显示,马来西亚11月棕榈油出口1414884吨,仅较10月份的1456624吨减少2.9%。而为了继续刺激出口,印度尼西亚政府表示12月份将继续免征棕榈油的出口关税。这都有利于继续支持国际棕榈油价格。

棕榈油进口成本继续走高

由于马来西亚和印度尼西亚棕榈油产量恢复缓慢,且出口数据良好,棕榈油价格持续走高。目前马来西亚棕榈油离岸价格处于655美元/吨,到我国港口约为682美元/吨,折合约5830元/吨,较10月初上涨超过1000元/吨,为近两年高位。棕榈油进口成本居高不下,国内棕榈油价格受到明显支撑。

国内库存增长利空有限

过去几个月国内植物油价格走高,植物油厂商收益较大,并且后续存在元旦、春节等节日需求,近几个月国内棕榈油进口到港增加,港口棕榈油库存出现增长。目前,国内港口食用棕榈油库存在71万吨左右,较上月同期的54万吨增加17万吨,增幅约31.48%,较去年同期的42万吨增加29万吨,增幅为69.05%。虽然棕榈油库存有所增加,但国内豆油、菜油等植物油库存下降较多,令棕榈油的库存压力明显变弱,因而棕榈油的库存增长并未对其价格造成实质压制。

综上所述,随着马来西亚和印度尼西亚进入棕榈油季节性雨季,棕榈油减产短期难以改观,且进口成本不断高企,未来存在国内元旦、春节等假期,食用油的消费将逐渐旺盛,各地食品厂商和餐饮企业对植物油的采购补货,必然会继续支持国内棕榈油价格。因而,短期来看,国内棕榈油价格仍将处于偏强势的状态。
05/12/2019 11:26 AM
kaleemtheman The earnings improvement came despite an 18% drop in quarterly revenue to RM716.31 million from RM870.34 million, due to lower palm products' average realised prices and lower volume of palm products sold.
For the first nine months of FY19, its net profit fell 25% to RM40.93 million from RM54.33 million last year, as revenue fell 20% to RM2.05 billion from RM2.55 billion.
05/12/2019 2:56 PM
enning22 feb cpo price breaks 2800 rm. some said Indonesia currently experiencing very hot and dry weather,
05/12/2019 3:45 PM
Gabriel Khoo https://www.klsescreener.com/v2/news/view/608174
05/12/2019 4:03 PM
enning22 Feb cpo wants to test 2900 rm , currently 2860 rm.
06/12/2019 4:02 PM
Gabriel Khoo Looking forward to see sop hit 300m for 2020
06/12/2019 4:37 PM
Mabel Ramai peneroka duduk di Medan Seri
Tunggu masakan Kak Mabel Bistari
Future trend CPO amat menarik sekali
Bukan saja Ayam KFC, ada juga menu Lobster dan Aboloni

Meow!
06/12/2019 11:27 PM
kinuxian It likely to retest 3.8 to 4 level during next Q results.
07/12/2019 10:07 AM
Hafid Sop say there sell CPO to japan
08/12/2019 9:15 AM
Hafid The strategy is to differentiate than other player
08/12/2019 9:15 AM
enning22 11月马来西亚棕榈油库存料萎缩8.5%,创2年新低
2019-12-07

(吉隆坡6日讯)鉴于棕榈油产量骤减至5个月新低,马来西亚11月棕榈油库存预计将按月萎缩8.5%,至215万吨,写下过去2年新低水平。

根据彭博社对14位分析员、交易商和棕榈油种植业者进行的调查,市场人士预估,马来西亚11月的棕榈油库存预计将按月滑落8.5%,至215万吨,写下2017年9月以来新低纪录。

而且,这也是自今年5月以来最大单月跌幅,相比去年同期滑落了近30%。上述调查显示,11月棕榈油库存预计将比上个月下跌11%,至161万吨,是6月以来新低水平;出口料萎缩4.9%,至156万吨,10月为成长16%。

马来西亚棕榈油局(MPOB)将会在下周二(10日)公布11月棕榈油数据。

棕榈油研究网(Palm Oil Analytics)创建人瓦伽对彭博社表示,由于天气恶劣,再加上去年减少施肥,今年的棕榈油全年产量预计将低于最佳产量水平。过往11月棕榈油产量平均维持在175吨。

根据市场调查,11月棕榈油库存预计介于207万吨至230万吨;棕榈油产量预测料介于153万吨至176万吨;而出口预测则介于148万吨至165万吨。

另外,11月棕榈油进口预计将从10月的8万5034吨,滑落至8万吨;而本地使用量料介于28万吨至32万吨。

Okachi马来西亚私人有限公司销售经理卡特雷拉称,交易商已经将2020年上半年产出成长料将放缓的因素考虑在内,同时将继续关注出口需求,以及印尼和我国逐步落实的生物柴油机制。

他接著说,假设B20和B30生物柴油的落实推高本地棕榈油使用量,这将进一步降低棕榈油库存至2016水平。

棕榈油价格在过去数周逐步上涨,这或导致马来西亚卖给印度的棕榈油从12月开始减少,料将维持3个月。大豆油和棕榈油的价差大幅缩小,将促使印度转向其他国家购买食用油。
08/12/2019 5:54 PM
enning22 yes, cpo starts with a jump, touched 2900 and slightly retraces a little bit.
09/12/2019 10:33 AM
Sarawakian8 3.5-4 pls come soon.
09/12/2019 12:15 PM
kinuxian Being mentioned in BFM by Maybank Kim Eng as well https://klse.i3investor.com/blogs/bfm_podcast/245403.jsp
09/12/2019 1:44 PM
enning22 funny, these so called analysist did not talk about B30, B50,in fact ,if B50 implemented , the cpo price will be high in long run.
09/12/2019 5:48 PM
Gabriel Khoo Require more time to collect
09/12/2019 6:07 PM
Gabriel Khoo You can read his research...this interview very brief
09/12/2019 6:08 PM
Hafid SOP is in the B30
10/12/2019 9:11 AM
enning22 印尼计划在2021-2022年间生产B40生物柴油
2019-12-10

印尼负责能源监管的协调部长Luhut Pandjaitan周二表示,印尼正在考虑在2021-2022年间实施生物柴油项目,生物柴油含量为40%(B40)。
https://www.oilcn.com/uploads/baseimg/20191210/2abe7109f824610dd969be79ae4adc3e.jpg
20191210/2abe7109f824610dd969be79ae4adc3e.jpg

印尼将在明年1月开始使用含量为30%的生物柴油。

Luhut Pandjaitan告诉记者,政府计划明年开始使用B40进行道路测试。

他说,如果政府的棕榈再植计划停滞不前,该计划不会将生物柴油含量提高到50%以上。
10/12/2019 9:27 PM
pang72 Strong leh..
Plantation first choice!
11/12/2019 5:29 PM
pang72 Whenever banker asked to comment on plantation stock.
Sop always the top pick!!
11/12/2019 6:03 PM
kinuxian Sop was among plantation stocks doesn't goes into red yet during slump periods. Many may forgotten their acquisition 3 years back. https://www.theedgemarkets.com/article/sarawak-oil-palms-acquisition-bear-fruit-three-years
11/12/2019 6:09 PM
kinuxian Back then, 3.5 was 5 years low.
11/12/2019 6:12 PM
pang72 Kinu,
Thank you very much.
You provide a very good piece of information
11/12/2019 6:23 PM
pang72 I am convince sop the best plantation counter..
11/12/2019 6:24 PM
Gabriel Khoo What a remarkeble transform over last 8 years.
11/12/2019 8:47 PM
pang72 Naik lagi
12/12/2019 5:51 PM
gemfinder Naik,sampai,5
12/12/2019 5:57 PM
pang72 Goreng kasih 5
12/12/2019 9:40 PM
Mabel Meow!
12/12/2019 11:25 PM
bensonlam33222 Malaysian benchmark palm oil futures were up 1% at RM2,913 per tonne in early trade on Friday.

https://www.thestar.com.my/business/business-news/2019/12/13/malaysia-raises-export-tax-for-crude-palm-oil-for-first-time-in-over-a-year
13/12/2019 2:49 PM
bensonlam33222 approaching rm6
13/12/2019 2:49 PM
Mabel Meow!
14/12/2019 12:21 AM
yfchong OK now... Now kung fu no enuf
15/12/2019 10:02 AM
enning22 吉隆坡12月13日消息:周五马来西亚棕榈油局(MPOB)发布的海关文件显示,马来西亚上调了2020年1月份的毛棕榈油出口税,这也是一年半来首次上调。

2018年8月份马来西亚对棕榈油征收4.5%的出口税,自那之后就一直是零出口税。2019年5月到12月份期间,马来西亚对毛棕榈油免征出口税,以提振棕榈油出口。

马来西亚将2020年1月份的棕榈油参考价格定为每吨2571.16令吉,相当于616.59美元/吨。

贸易商称,印尼可能跟随马来西亚,也对棕榈油征收类似的出口税。

孟买的Sunvin集团研究主管称,现在市场在急切期待着印尼做出出口税决定,这也将有助于了解印尼30%生物柴油强制掺混的实施情况。。

交易商说,马来西亚将会出口更多精炼棕榈油,因为现在毛棕榈油有5%的出口税。
16/12/2019 9:13 AM
sarawakian63 4.5-5 pls by 2021 state election. Higher more welcome.
16/12/2019 9:16 AM
cpo_ CPO RM 2880 up RM 35 why down?
16/12/2019 3:22 PM