Dear Happy Investors in SOP & All Good Palm Oil Shares
At last we have the latest FFB (Fresh Fruit Bunch) of SOP today - A very good 101,061 Tonnes
EXCELLENT!
Now let's take a closer look at its 1st Qtr Total FFB & Compare to Coming 2nd Qtr reporting (Will be out by August 2022)
Palm oil Co is very very transparent & upfront. The FFB and CPO prices can tell us ahead of Time its Next Qtr Results whether worst, same or better
And in the case of SOP it will definitely be better as we look at their figures
And here you go:
Please Refer to Bursa Announcements:
Jan 2022 FFB : 88,787 tonnes
Feb FFB 76,723 tonnes
March FFB 88,033 tonnes
3 months total = 253,543 tonnes
And 1st Qtr result 34.09 (Profit)
April FFB 87,447 tonnes
May FFB 91,698 tonnes
June FFB 101,061 tonnes
2nd Qtr total : 280,206 tonnes
So 2nd Qtr FFB is Up 10.5% Extra FFB
PLUS April to June Due to Indonesia banning Cpo export the Fcpo Future shot past Rm9,200
But real time Cash sale was Rm6,300 to Rm7,400 with the Average Price of Rm6,552 (World Highest Record Ever!)
So Both Prices & Volumes of FFB were Up
That will Translate to An Out Performance for SOP Up coming August 2022 Results
See how much more it will beat last Qtr Profit record of 34.09 sen
OUT OF 300,000 ACRES PALM OIL NOW OVER 220,000 ACRES ARE PRIME FRUIT BEARING AGE
SOP HAS ALSO GONE UP THE VALUE CHAIN BY MAKING THE HIGHLY PRIZED RED PALM OIL TO WHICH CHINA IS NOW OPEN WIDE ITS DOOR FOR IMPORTS
Early last year AFTER CHINA OPENED WIDE ITS DOORS FOR THE IMPORTATION OF RED PALM OIL WE SAW SOP COMPANY BOSS BOUGHT A BIG CHUNK OF SOP SHARES AND SO WE TOOK NOTICE AND FOLLOWED
SEE
19-Mar-2021 | Acquired | 6,750,000 |
THIS YEAR DIRECTORS MORE SANGUINE AS SOP GIVING ONE FREE BONUS FOR TWO
And they took up ESOS
22-Jun-2022 | Others | 2,853,900 | 3.600 | ||
07-Jun-2022 | Others | 150,000 | 3.600 | ||
07-Jun-2022 | Others | 100,000 | 3.600 |
WE EXPECT SOP P/E TO DROP BELOW 3 AND THIS WILL BE AMONG THE FASTEST GROWING PALM OIL CO
NOT TOO LONG AGO BATU KAWAN & KL KEPONG WERE TRADED AT RM3.00 TO RM4.00
TODAY BOTH ARE BLUECHIPS OVER RM20,000
SOP (SARAWAK OIL PALM) LOOKS LIKE A GOOD CANDIDATE TO BE A FUTURE BLUE CHIP LIKE THEM AT THIS SUPERIOR
GROWTH RATE
BEST REGARDS
Calvin Tan
Please buy or sell after doing your own due diligence or consult your remisier/fund manager
A Reminder:
SOP Free Bonus Issue will Ex on 15th July 2022
Hurry if your want to buy for the Free Bonus.
Sop being upstream, midstream and downstream will be more resilient as it captures all the value chains
Plus it is going into Healthcare Vitamins as well after healthy Red Palm oil
This is Value Add by going into a highly profitable and recession proof industry
What Tsh did through Wilmar selling GOLDEN DRAGON FISH Cooking oil to China billions SOP is also selling highprized Red Palm oil in the vast market there
2022-07-13 07:10
calvintaneng
Chinese oil standard opens doors for red palm oil
https://themalaysianreserve.com/2021/03/30/chinese-oil-standard-opens-doors-for-red-palm-oil/
2022-07-12 22:44