Taking the clues from Taan ardy up 27 sen

Taan is not a pure oil palm stock if its timber division also doing well it should be ok if not susah also

Esos flers selling

QR results released
Sime Plant EPS = 10.40 Stock price = 5.28
IOI EPS = 6.62
Stock price = 4.40
SOP EPS 2X.XX
Stock price = 5.94 only ??
SOP should rlghtly be priced at above 8 if not for the cheap esos

Need to look at the timber price also for Taan if timber price also on the decline then only sell lor

Even at RM5000 per tonnes all planters will still make good profit and planttions are still the safest bet in Bursa right now

Previously those hardcore promoters crying for buy when it was around 7 luckily I sold off 90% of my holding between 6.70 to 7.00. What they missed is the Co large amount of esos and of course the higher cost of production. Having said that if CPO remains at 4500 to 5000 throughout 2022 (which I believe it will) it is still a good investment. My TP now is 6.50 cum bonus even for this price the remaining esos should be at minimum level and the Co does not issue further esos for subscription below 5.00

Public IB downgraded Taan to TP 5.19 no wonder most of their unit trust funds pay less than 2 sen annually hehe

The ban on export by Indonesia will certainly be lifted as announced earlier by its President and would be lifted by May 23 but this is largely accounted for counters like KLK IOI and Sime Plant are highly recommended stocks by HL IB. Foreign funds could have snapped up Sime plant despite heave selling by EPF. Btw no one recomnend SOP despite an above average planters so the reasons are obvious. Even the previous promoters are keeping quiet except KYY

Except for cukai makmur or forward selling and not spor price otherwise no negative things

Even average planters like Sime plant also went up hehe ini counter paling sial

mrcrab bcoz he got plenty of esos cheap2 easy money mah

Buy after the bonus may be better bzoz the price will adjust downwards towards RM4 therefore the esos flers will not gain too much

But don't be surprised tomorrow they jack it up this the work of manipulators lor

Haha you are right 2 mil esos instant money they huat not you !

Not only that manipulators and IBs are also taking this opportunity to play havoc !

It is irrelevant whether CPO has peaked or not we should look at the likely CPO price for the next 12 months and I can confidently say it will not go down below RM4500 per tonne. The problem with SOP is there are too many esos for the executives and they are priced below 3.60 profit taking are bound to happen when they are listed. Just look at KLK IOI and Sime Plant they are all green today despite more than 1000 pts fall in Dow Jones. Having said that if you are looking for a yield of around 6 to 7 % and some small capital appreciation this is the counter for you no BS but don't expect RM10 lah !

Ringgit further weakened against the USD good for palm oil exporter oil palm industries will remain strong for the next 2 years I don't BS but give positive inputs when there is haha

Worry cukai super makmur will come hihi

No promoters nowadays hehe

Agree with you steveccwong

KLK IOI even Sime Plant all went up !

No lah one the CEO got plenty esos cheap2 and the othe the latuk himself is selling coupled with IBs call warrant sikit manipulation but someone will sapu some in the afternoon don't worry lah they will give good interim dividend the 6 sen dividend is only for the last fiscal year

But SOP and Taan both are supposed to be the better managed co. fell the most as always do you know why ?

Koyak !

@supersinginvestor I think you will have to revise your TP to 7.10 only no more 12, 15, 21 maybe 6.60 got lah hehe

Haha buy lah 1qtr result will be out soon all time high !

Itu latuk Wong hari2 jual mana xmati woi orang pun tarak confidence if owner is selling like no tomorrow

Suruh cabut xmau ! now regret lor will drop futher until 3.50 or lower by end Sept

Verdict : Sapu all you can !

All plantations went up quite substantially except the two best managed ones SOP and Taan you know why ar hehe

Looks like the price movement is influenced by the CPO futures and those traders are erroneously wrong to base their trade on CPO futures. Mind you spot CPO prices are going to stay around RM4500 to RM5500 for at least 18 months and at this level even the most inefficient planters would also register fantastic profits just keep buying a moderate amount at this level and you could be very much richer by next year no BS

Hahaha even Cepatwawasan an average planters also report more than 100% in profits think for yourselves what would be the figure for a good plantation co like SOP ? Hopefully there will also be a good interim dividend along with the announcement of the 1st qtr results and also the bonus entitlement date

Just accumulate until the annoucement of the 1st qtr results and bonus announcement on its ex date

It just cannot hold long at this price investing has got no sentimental value just sell while the price is good and invest in some other stocks la

Hahaha at this price if you don't cabut surely will regret by tomorrow it will certainly be red !

@ Yau Yh there is a world of difference between gloves and palm oil. For a start CPO price of RM4K to RM5K per tonne is going to stay for at least 1.5 yrs which means all plantations will record super profit throughout 2022 and beyond. Secondly the barrier of entry to gloves making is very low and start up time is very short too while it takes at least 6 yrs for oil palm to mature. Having say that I am not asking you to buy at 10.00 but take this opportunity to accumulate some at the current price which I consider is seriously undervalued. The selling could be done by the esos holders and IBs manipulation bcoz of the call warrants issued by them. Once the esos holders finished the selling the stock will rebound back to at least 6.50 maybe around 7.00 when the bonus ex date is announced. The rebounce can be as soon as tomorrow no BS !

@ supersinginvestor ok I sell all to you at 6.80 tomolo

I ardy park a bus @ 5.80 not looking at technical but fundermental Msia market is too small can be easily cornered can see clearly operators are at work today coupled with esos profit taking

This is a good price to re enter if you have sold yours no BS lah this time around you can listen to KYY la

Actually even if CPO price is 4.50 K to 5 K per tonne plantations will still reap in enormous profit and this can last for a year at least so fear not kawan2 but don't wait until 12.00 la hehe

My TP now 6.80 only

Ardy wiped off 20% apa macam

Bila stock turun promoters semua diam2 je bila naik sikit bukan main cakap besar 10.00 la 12.00 la 15.00 la skrang abuk pun xde hihi

Hahaha buy la operators kuat main I can see buy for the bonus plantations still have many month to play la

Koyak !

Cepat beli lor CPO futures are trending up again lor xbeli at this price lu gi la

615 616 saya kasi support sikit lor hehe

I added some and wait for the bonus annoucement and see hehe

Looks like all got conned hehe