Bursa Malaysia Stock Watch
Sarawak Oil Palms: Maintain Buy - Scaling new heights
kltrader
Publish date: Mon, 27 Feb 2012, 09:55 AM
kltrader
0 20,407
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Record profits. RM243m 2011 net profit (+60% YoY) was within our expectations, at 99% of our full-year estimates. Going forward, SOP will manifest strong 3-year FFB CAGR of 13% from its young oil palm estates, and progress towards being an integrated palm oil producer. We raise 2012-13 net profit forecasts by 11-12% to reflect our higher CPO ASP assumption of RM2,800/t (previously RM2,600/t) due to poorer South American crop prospects. Reiterate Buy with a higher TP of RM7.20 (+11%) on unchanged 13x 2013 PER.
Maybank Research 27 Feb 2012
Click here for full report
Maybank Research 27 Feb 2012
Click here for full report
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-07-24 16:40:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-07-24 16:40:00
TURTLE SYSTEM 55
5 Mins
SELL
2024-07-24 16:35:00
ADX
5 Mins
BUY
2024-07-24 16:35:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-07-24 16:35:00
TURTLE SYSTEM 55
5 Mins
BUY
Apps
Top Articles
1
BFM Podcast
2
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
3
4
Koon Yew Yin's Blog
6
save malaysia!
8
THE INVESTMENT APPROACH OF CALVIN TAN
TSH RESOURCES (9059) VERSUS JOHOR PLANTATION GROUP (5323) Compare & Contrast, Calvin Tan
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
