SOP has better margin going forward. watch out. management has said b4. their ultimate goal is to drive the margin expansion tru quality palm oil product. no longer focus much on volume although they output is still on uptrend and rank no 6 in malaysia

Apple announces Oct. 13 event where it’s expected to reveal the new iPhone

more fspo to be awarded in 2021. hopefully BAB able to grab some

more projects in the pipeline

BAB value will emerge when debt continue reducing trend

5G RF filter test. Iphone 12 in Oct. TMSC ald started to produce chip for iphone 12
best proxy of 5G in malaysia.

but SOP valuation much more cheaper than sarawak plantation

30c

This 10 yrs contract under extension la bro. The previous one expired in april 2020. Delayed due to lock down

2 contracts.

mr robert...its about potential extension of 2 years of fspo contract to 2026

https://www.google.com/amp/s/www.oedigital.com/amp/news/481610-vietnam-approves-pharos-energy-s-offshore-oil-project

Velesto n sapura nature of biz different

Sorry quality palm oilnproduct*

Q3 Q4 easily 70 to 80m ... sop producing quality project to fetch high asp no more vol base.

Dividend on half yearly basic...the next one will be in dec or jan

From kenanag research...obviously q2 is above expectation...

Expect a solid 2QFY20. We expect its 2QFY20 PATAMI, which is due to be released by end-Aug, to be higher QoQ and YoY in tandem with solid sector growth due to higher volume and ASP, new capacity expansion from Plant 19 and better margins due to higher operating efficiencies from new plants. For illustration purposes, based on our net margin forecast of 20%, volume sales of 5b to 6b pieces and ASP of USD23/1000/pieces (USDMYR4.20); 2QFY20 PATAMI could come in at between RM96m and RM116m (+49% to +84% QoQ; +73% to +113% YoY) bringing 1HFY20 to between RM161m (+41%) and RM181m (+58%), at 24%/31% our/consensus full-year forecasts. However, due to the runaway ASP, we raise our FY20E/FY21E net profit by 33%/23% taking into account higher EBITDA margin, which we raised from 23%/25% to 28%/28%.

5.6

Due to us stimulus deal

Previous TP was based on CPO of 2300
Now 2500...new TP?

BIBM:-
Sector Update
Plantation: MPOB Monthly Statistics July 2020

Neutral ◄►

Inventory eased further to 1.70m tonnes in July

CPO production contracted to 1.81m tonnes vs. 1.89m tonnes in June

Palm oil exports surged 4.2% mom to 1.78m tonnes.

We revised our average CPO price forecast for 2020 to RM2,500/MT from RM2,300/MT previous estimate. Neutral call on the sector retained.

Petronas hit by oil price n sales vol...armada on charter relationship biz model...enquest still doing good and their looking for next acquisition...

CPO might trigger MIB analysts to raise TP to 5.6...

...brent likely will hit 50 this week

Valuation & Recommendation
Reiterate BUY with a higher TP of RM22.80
We revised upward our earnings forecasts for 2020-22 by 70%-140% to factor in
the higher ASP trend. We have also raised our TP to RM22.80 (from RM11.20), but
based on a lower CY21E PER of 28x (from 33x), which is at +1SD above its 3-year
pre-2019 average. We are using the average valuation from pre-2019 as it was not
disrupted by the recent surge in earnings due to COVID-19. We keep our BUY call,
as we believe that the current share price has yet to price in the full earnings
potential. Despite the sharp stock price gains ytd, we think it is still too early to take
profit, as earnings could surprise on the upside given that the ASP revision trend is
still positive, in our view.

Always next time for breakout

Up30c

Malaysia's palm oil exports in July rose 5.8 per cent from June, cargo surveyor Intertek Testing Services said on Friday.

Valuation is still the most cheaper among the tech equipment company like penta vitrox

Read the investor brieifing report for june 2020 in their web 1st before comment price consider high. Digest before comment

No more planting in peat soil since 2014.

SOP is managing it well. SOP has now become an efficient intergrated plantation company after years of transformation and its still on going especially towards automation.
Rank no 7 in term of size.
Cheapest valuation in the market.

With average PE of 17.5
TP should be above RM6

SOP production cost around 1650 per mt
Based on 2600 SOP could generate 200M +

https://www.klsescreener.com/v2/news/view/706705

https://www.klsescreener.com/v2/news/view/706711

Rm6

Q2 result is the worst for many listed companies...move on and focus on prospect...don contradict with own view...are you buying any other stocks

Low named Bumi Armada Bhd as HLIB's top pick with a ‘buy’ rating and target price of 41 sen based on a 10.3 times FY20 earnings per share for its stable and strong FPSO (floating production storage and offloading) earnings contribution (>80% of revenue) and undemanding valuations.

yalo Mr KIah, how to beat the real shark in harta and kossan?

https://www.cnbcindonesia.com/market/20200719155956-17-173787/melesat-lebih-dari-34-harga-cpo-tiru-pola-resesi-2008

https://www.cnbcindonesia.com/market/20200717103857-19-173462/lockdown-dibuka-mgro-optimistis-harga-cpo-membaik-di-q3-2020

min 90m for q2...

Pls go educate fund managers why bought so much kossan...investment decision is on ourself...everyday also post same things...not even a fundamental analysis nor technical analysis .... hanging there

So i bought now see return

Yes....enning22 whenever below rm3...i will buy

Ok. Apple. Later dunno forget to sapu tg n super

4

CPO 2.3K RM3.6+
CPO 2.4K RM4.0+
CPO 2.5K RM4.8+

Im back...back sop agains after sold in q42019...looking forward for good return.