How to huat when price fall from 6.70 to 3.65 Those who bought at 4.00 also got burnt leh

JP Morgan upgrade IOI to buy from neutral raising its TP to RM5.00 but no one has a buy call on SOP except HLeong although SOP earnings is far more superior than IOI even post bonus issues. The only difference is that IOI has some upstream activities

As long as this SOP does not have a dividend policy in place but chose to rewards their own people with cheap esos, however good profit it make will be meaningless. The logic is that if a high dividend is distributed to all shareholders, everyone will benefit including the owners and directors too. That is not to say Esos is not good but it should be an one off kind of things and should not be given again otheweise this counter remained the playground of the manipulating syndicates and some interested parties. As it is now its earnings are comparable to IOI and Sime Plant but the share price is far apart there must be some reasons behind it

Haha supersinginvestor ok
I will put a bus at 2.02 !

Some facts. Most of the esos were excercised at 3.60 and probably most waited for the bonus but thier ex price is 2.40 only so you can expect some monkey trades to go on for a while hehe

Ex bonus price will be adjusted to 2.60 but post bonus its earning per share will be comparable to Sime plant, just look at what's the price of Sime plant. To me it is either SP is overvalued or SOP is grossly undervalued

Boss buying also cannot stop the shares from falling sharply if boss has exhausted his fund maybe lagi teruk !

This one I agree but don't forget to reward the minority shareholders with higher cash dividends and not issuing more esos ya otherwise the
vicious cycle keep repeating ok ?

You can swallow below 4.05 too

Shorties semua sudah hilang lor

Ini mcm baru ngam mah mau kasi potong itu Sime Plant baru betul !

Esos sudah habis jual ka hehe

Apa mcm ? minyak kelapa sawit ade turun kpd RM3000/tonne ka ?

It is wrong to annualise the entire year earnings based on 34 sen per qtr. bcoz the last 2 qtr may not achieve the same result as the first 2 qtrs. Having said that it will still be a very respectable figure for the whole year.

If still got money beli lah sikit nicholas99 unless tarak peluru

Aiyo Keyman188 I will drink up all the oil if CPO can fall below 3000 hehe

Remember investing is not about looking at history but looking at the future. Past PE is not relevant

calvin could be right on 2nd qtr result ending June 30 2022. But I have built in higher cost of production going forward therefore my estimate is very conservative and also have taken into account the enlarged share cap subsiquent to the 1 for 2 bonus. Tats why I have said b4 if SOP does not do well no other planters will. But please don't forget to give out a higher dividends to reward the minority shareholders this is important

Aiya no more 3.63 3.64 3.65 ardy ka ? Semalam xbeli lu gila !

I have lots of reservations on investing in Mainland Chinese owned companies. When the Co. earned big money they are very stingy on dividends. What they did was to 'expand' the co. depleting most of the cash

@ James Ng everyone is free to express his opinion but I can bet to my last penny that CPO will not see RM3000/tonne again anytime whatever volume Indonesia is allowed to sell

I think now even the 9 mil esos excercised at 3.60 is in no hurry to sell unless they are financed by ah longs haha. Now only 2 groups of people left trying to press down the price further but its a lot tougher now

Here are some estimates
1st qtr EPS = 34 sen adjusted for increased shares issued = 23 sen
2nd qtr EPS = 19 sen
3rd qtr EPS = 12 sen
4th qtr EPS = 10 sen
Total EPS for FY 2022 should be around 64 sen on the enlarged share capital as a result of the 2 for 1 bonus issue. If the cum bonus price of 3.60 the ex bonus price would be 2.40. So as far as FY 2022 is concerned this stock PE is only 4 By far the cheapest stock in Bursa and the risk of investing around this price is very small indeed as compared to many other stocks in bursa now.

Itu calvin skrang baru dia beli mungkin sudah jual at 6.00 mcm itu directors semua haha

What is the use if you made 1 bil but give peanuts as dividends ?

Hahaha sudah kena 3.62 mcm ni hati senang sikit

Koyak kaw2 ! may drop further

Haha mrcrab 3.64 pun ok lah 4 sen is for their hard work

Mari2 cepat kasi turun to 3.60 mcm tu senang main lor

Welcome to the house of 3.60 ! lower than 3.60 will be earnestly celebrated

Hope afternoon they don't belanja us udang merah !

SOP financial controller sold 15000 shares at 4.25 on June 28 When the Co CEO, Financial controller and top execs selling their shares at this price do you expect foreign funds to support this stock ?

Closer to 3.60 is good

Enjoy ! ada bullets lagi kah ?

mrcrab you asked a very good question even if they took bank loan there is absolutely no problem of repaying bcoz all made handsome profit unless the price fell below 3.60 that is a different story bro

All plantations will still report very good profit for qtr ending June 30. Don't be gloves phobia haha. It is important to keep enough ammunition for the war !

When it is getting closer to 3.60 durian ni jamin dimakan !

At 4.02 cum bonus will be only 2.68 ex bonus unbelievably cheap !

Today June 30 there is a reason why some stocks need to be pressed down and some up but buy SOP at this price the risk is getting lower and lower so just add a little lor

Hari lelong udang merah 1 kg 4.0 haha duit masih ada boleh lah beli sikit hehe

Enjoy ! yes closer to 3.60 very good

Sime Plant still in the green today but SOP is far more superior than Sime in terms of earning per share and net assets per share yet SOP price is so much lowet than Sime plant, do you know why ?

Hahaha 4.04 buy some lah my take is even CPO fall to 4500/tonne SOP would still be able to make big money but don't be stingy on dividend lah woi !

When taikor SOP bleeding this stock will bleed too still don't beleive me ?

Yes heavily manipulated stock. So where is the TP RM10 ? 8, 7 ? 6 ? not even 5 maybe 4.00 got lah hehe

How long may drop below 4.00 by the look of it !

Unless SOP declare a higher dividend in future and raise the esos excercise price to at least 4.50 I don't see this stock will attract big fund enough said

Nah sudah muntah darah !

After ex div mutah darah again lor

Yes game not over yet for plantations but ---