SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.23

Today's Change

-0.02 (0.47%)

Day's Change

4.11 - 4.30

Trading Volume

718,500


6 people like this.

3,180 comment(s). Last comment by titan3322 1 day ago

Posted by supersinginvestor > 1 week ago | Report Abuse

Long term is an excuse people give them selves when prices down they still holding...
New normal =no long term..
Ofcourse choose ur favourite buy sell then wait buy again...

Mabel

16,819 posts

Posted by Mabel > 1 week ago | Report Abuse

Hujan Emas 5G masih lagi dalam sembang
Emas Techs sedang bergolombang
Hujan Emas O&G sedang berlari lari
Hujan Emas Sawit berbunga berseri seri

Hari Hari Mabel tengok ladang
Bila tengok bertambah sayang
Macam mana Mabel tak sayang
Harga Kelapa Sawit terus berkembang

Hujan emas di ladang sawit
Hujan batu terkena tauke kuih sepit
Tak apa kalau tak ada duit
Mabel dan kawan bolih kutip tanpa sulit..

Mabel Ayu..

kinuxian

952 posts

Posted by kinuxian > 6 days ago | Report Abuse

RHB analyst might be sweating again on the wrong reading. Some points to consider:

- Market is flushed with extra 10mil+ from ESOS.
- When fcpo traded at 5.2k range at late Jan 2022, SOP still in sleeping mode and traded 3.5 range
- fcpo was in uptrend back in January, but now is gap down and bearish under 200MA.
- sbo and soybean future all both in downward trend / gap down.

Many eyes on Indonesia policy direction and latest move on accelerate export distribution, known as “flush out“.
https://indonesia.postsen.com/business/54164/CPO-Prices-Drop-in-a-Week...

titan3322

1,617 posts

Posted by titan3322 > 6 days ago | Report Abuse

Enjoy ? kasi drop to 4.00 lagi bagus for all I know next qtr still v good for SOP not sure about the rest

calvintaneng

45,950 posts

Posted by calvintaneng > 6 days ago | Report Abuse

Sop with 220,000 matured palm oil out of 300,000 acres is excellent

now please go register online for 26 June Agm

vote for one free bonus for two

titan3322

1,617 posts

Posted by titan3322 > 6 days ago | Report Abuse

Cheering for it to go neat 3.60 thats the price which most esos were exercised so you are also getting esos without lifting a finger haha

titan3322

1,617 posts

Posted by titan3322 > 5 days ago | Report Abuse

Sime plant 4.42 and SOP 4.40 ? hehe

Posted by supersinginvestor > 5 days ago | Report Abuse

Lol

Posted by supersinginvestor > 5 days ago | Report Abuse

Vomit blood u r right..hehe

Posted by supersinginvestor > 5 days ago | Report Abuse

Titan let me know when good price go in ok..

cedcan

6 posts

Posted by cedcan > 5 days ago | Report Abuse

Camping here for the right price too. But will it ever go up again?! Lol

Posted by supersinginvestor > 5 days ago | Report Abuse

Lol ..

calvintaneng

45,950 posts

Posted by calvintaneng > 5 days ago | Report Abuse

Good morning

SOP has 220,000 acres (bigger than Spore landmass of 180,000 acres) matured out of 300,000 acres

Now Cpo even at Rm3500 Sop will do very well

With Cpo above Rm4000 to Rm5000 SOP will see very good times ahead

this time of weakness is opportunity to add more while cheap

Plus go register online and vote for

One free bonus for two on 26 June

Go register early

REGARDS

CALVIN

titan3322

1,617 posts

Posted by titan3322 > 5 days ago | Report Abuse

Average price for SOP in 2022 should exceed RM5K EPS should be around RM1. Going forward into 2023 CPO price will dip to RM4500 and SOP should still enjoy single digit PE for the next 3 yrs so do not worry la bro but I do really hope a higher dividend would be forthcoming

Posted by supersinginvestor > 5 days ago | Report Abuse

Ok thanks titan3322

Abba84

815 posts

Posted by Abba84 > 5 days ago | Report Abuse

Esos hascaused it price t tmble mre thn aringgt

smoking

83 posts

Posted by smoking > 5 days ago | Report Abuse

klse stocks all about goreng. fundamentals dont really matter hence p/e not important in this case.

titan3322

1,617 posts

Posted by titan3322 > 5 days ago | Report Abuse

I really donno how many esos shares excercised, listed but still not sold yet. When the cheap esos shares have dried up then probably it can move up bcoz SOP is the cheapest plantation stock in bursa now

Abba84

815 posts

Posted by Abba84 > 5 days ago | Report Abuse

Now this stock played in2 t hands of Esos players!

calvintaneng

45,950 posts

Posted by calvintaneng > 4 days ago | Report Abuse

Esos to reward all hard working honest staff of Employees very ok

They will have energy to work harder and make SOP great

now it's p/e among lowest in the industry with powerful earnings

(many co siphon and steal money leaving employees ho Cham and demoralised

Well Done SOP management!

Well Done all SOP staff
You guys deserve every Esos as reward

SOP will see glorious growth ahead

titan3322

1,617 posts

Posted by titan3322 > 4 days ago | Report Abuse

Actually this stock does not attract big funds to buy only big manipulators to toy around taking advantage of the pressure from esos sellers

titan3322

1,617 posts

Posted by titan3322 > 4 days ago | Report Abuse

If SOP keep on issuing esos with low excercise price I will dispose all my holding tats for sure.

Posted by supersinginvestor > 4 days ago | Report Abuse

Titan3322 u bought so many sop today until up 3.2%
:-0

titan3322

1,617 posts

Posted by titan3322 > 4 days ago | Report Abuse

Bukan saya yang beli saya simpan peluru nanti 4.30 baru tembak hehe

Abba84

815 posts

Posted by Abba84 > 4 days ago | Report Abuse

Titan3322: ur patience answered!
4.30 (closed)

Posted by supersinginvestor > 4 days ago | Report Abuse

Gosh. Rm4.30
So low madness...

titan3322

1,617 posts

Posted by titan3322 > 4 days ago | Report Abuse

Closer to 4.00 even better coz not much gain for esos flers so no big dumping at this price and manipulators will also hilang hihi. But can tembak sikit at 4.30

titan3322

1,617 posts

Posted by titan3322 > 3 days ago | Report Abuse

Plantations especially oil palm are cyclical. It is indeed a good defensive stocks to keep when the market turns ugly. Stock selection is the key word. Among the oil palm plantations SOP is one of the best choice but unfortunately when big funds see the Co. CEO has been selling his company shares agressively bcoz of large qty of esos he was given it does not give confidence to investors and compounded by low dividend yield this stock has not attracted big fund to come in a big way. Having said that when the price is closer to the esos excercise price it is definitely a good pick.

Posted by supersinginvestor > 3 days ago | Report Abuse

Titan3322 is right....
Sop is a good stock..but always remember to take profit when time..n buy back ..patience is important..oh n dont try bet against the fed

titan3322

1,617 posts

Posted by titan3322 > 3 days ago | Report Abuse

When 4.20 is broken reload more bullets !

titan3322

1,617 posts

Posted by titan3322 > 3 days ago | Report Abuse

Ambil la ko haha

mrcrab

86 posts

Posted by mrcrab > 3 days ago | Report Abuse

More ESOS. Don't expect this SOP going anywhere.

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Orang naik kita turun orang turun kita pun turun ape mcm ya

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Can add some for the div and bonus

mrcrab

86 posts

Posted by mrcrab > 2 days ago | Report Abuse

Latest div only 6 sen. Wish management is generous with div instead of ESOS. Bonus will dilute the EPS. CPO price under pressure currently coupled with increasing operating cost. Sorry to sound pessimistic but cannot see how SOP is attractive at this level.

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Mari2 3.60 ! saya sudah reload gun besar

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

At this price level only esos flers and operators are selling no genuine investors would throw SOP at this price unless there is a big drop in some planters

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Mari kita main tembak skrang ex bonus price only 2.75 (4.12x2 divide by 3) sure can buy mah

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Previous promoters semua sudah hilang bila dia naik sikit baru muncul hehe

Posted by supersinginvestor > 2 days ago | Report Abuse

RIP SOP

calvintaneng

45,950 posts

Posted by calvintaneng > 2 days ago | Report Abuse

SOP

AT RM4.22 ITS P/E NOW ONLY 3.1

Out of 300,000 Acres palm oil lands 220,000 acres now fully prime matured
Sop is one of the more efficient producer of palm oil so it's cost is Rm2000 to Rm2200 inclusive of fertilizer and wage cost

Cpo at Rm4500 Sop still making a net Profit of 100%

plus one free bonus issue for two shares held and more dividend could be expected if Cpo maintain above Rm3500 to Rm5000 range

this time of weakness is good opportunity to buy

Regards
Calvin

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

Yes looks like strong support at 4.18

titan3322

1,617 posts

Posted by titan3322 > 2 days ago | Report Abuse

It does not really make sense when Sime Plant whose earnings is not even 60% of SOP but command a share price equal to that of SOP and a host of other plantations command a much higher PE than SOP something is not right lah

calvintaneng

45,950 posts

Posted by calvintaneng > 2 days ago | Report Abuse

Yes correct

SOP is mispriced by the market
Even insider director decides to exercise lots of esos in a time of bad sentiment and falling prices to pick up coming free bonus one for two now already approved by vote in Agm

calvintaneng

45,950 posts

Posted by calvintaneng > 2 days ago | Report Abuse

Earnings of Sop will be excellent for at least several more good years as palm oil prices will be well supported by world population growth, Ukraine conflict and scarcity due to climate change

titan3322

1,617 posts

Posted by titan3322 > 1 day ago | Report Abuse

Although SOP is now the cheapest plantation stocks in bursa investors are still reluctant to but big bcoz this is one of the few stocks that offer large amount of esos to its owners (directors) and execs instead of rewarding the minority shareholders with higher cash dividends. Consequently we see only some retail investors and the manipulators and perhaps their own gang are there, and each day you see the stocks closed even lower. Having said that I would encourage investors to pick up some at this price level as the ex bonus price would become only around 2.80 which I think is cheap enough in spite of all the negative elements surrounding this stock

Abba84

815 posts

Posted by Abba84 > 1 day ago | Report Abuse

The only yardstick to measure ur risk be4 buying SOP is to know when its price has tanked! With flurries of sellings by their directors due t ESOS i m doubtful if new investors will put their here n if, u buys high could u wen recover ur paper loses !

titan3322

1,617 posts

Posted by titan3322 > 1 day ago | Report Abuse

Here are some simple maths, if they maintain the same div payout you are actually getting 50% more after the 1 for 2 bonus and if they decide to increase the quantum you are getting an extra bonus. If SOP is devoid of all the negative element mentioned it could easily command a price of above 4.00 after the bonus issue. I am not a hardcore promoter but I can condidently say if SOP does not do well no other plantation stocks will. Still I don't rule out the possibilities of it going down a little as there were some esos with an excercise price of 2.21 just listed and of course some interested parties at play too

Post a Comment