SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

2.67

Today's Change

+0.07 (2.69%)

Day's Change

2.61 - 2.67

Trading Volume

136,000


7 people like this.

3,430 comment(s). Last comment by titan3322 3 weeks ago

Posted by Lemon5815 > 2022-08-30 00:04 | Report Abuse

@Johnzhang
Agree with your point of view. Personally, I also optimistic on energy and plantation sector for two years.

mrcrab

106 posts

Posted by mrcrab > 2022-08-30 09:49 | Report Abuse

SOP should learn from TAANN on how to appreciate shareholders. Look at how TAANN price move after announce 15sen dividend

titan3322

1,795 posts

Posted by titan3322 > 2022-09-01 09:35 | Report Abuse

Apa macam ? 4 sen div makan KFC pun xcukup !

Abba84

885 posts

Posted by Abba84 > 2022-09-01 12:48 | Report Abuse

Titan..u had truckloads,lorries,loads at Good pric.surely ,eating few barrel s of kfc sud has no problem wth.4 cts dividend.!

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-01 19:23 | Report Abuse

Beware of sharks swimming in the market! You may be eaten up .

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-02 06:54 | Report Abuse

Do your homework before buy or sell . Don’t get tricked by many fake gurus out there .

casanwk

1,469 posts

Posted by casanwk > 2022-09-05 10:38 | Report Abuse

Institutional candle (IC) : 240 - 243 ( 15 minutes)
This IC sponsor the upmove on 18 july22
Still valid?

casanwk

1,469 posts

Posted by casanwk > 2022-09-05 10:41 | Report Abuse

Or some traders prefer a change of charater on 15 minutes!

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-06 18:02 | Report Abuse

I think SOP’s dividend will gradually improve. Earnings wise , SOP is stronger .

casanwk

1,469 posts

Posted by casanwk > 2022-09-07 13:51 | Report Abuse

Is sop setup follow Tann?
High and lower high in 5 minutes.
Don't jump in , get ready n wait for smart money next! move

casanwk

1,469 posts

Posted by casanwk > 2022-09-07 15:10 | Report Abuse

Most probably smart $ is running low on battery
Need to charge at next station :249 - 251
Hahaha

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-07 17:20 | Report Abuse

On relative valuation, SOP ($2.55) looks cheap compared to Taann ($4.22) at today’s price .
Hope that SOP shall attract some attention soon .

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-07 17:27 | Report Abuse

SOP’s. EPS 1H 2022 is 40sen
TaAnn’s EPS 1 H2022 is 44sen
SOP share price is $2.55
Taann share price is $4.22
Notwithstanding that Taann pays higher dividend, SOP’s share price discount to Taann is just too steep!

kinuxian

960 posts

Posted by kinuxian > 2022-09-08 11:42 | Report Abuse

There're always reasons why a firm with financial stat looks decent, but selling cheap. It's pretty hard for fund manager or operators bet on SOP in near term due to:
1: Tens of million shares from ESOS sold from 3 and above. Any yet, there're tens of millions ESOS can be exercised anytime. Doubt any fund manager or operators will create another exit windows for them (retailer bought at higher range & ESOS).
2: FFB production is on downtrending, eg: MIB est -5% on y2y basis
3. Very stingy dividend payout. The willingness to share profits with shareholder doesnt happened when they strike very good profits in 1H, what're the chances in coming quarters? Thus, put off long terms & dividend play holders. Management credibility is count to attract this grp of investor too.
3. CPO hype just over on 1H, it take times to complete its commodity stock cycle. FCPO price is on downtrending, the near term best outcome is reaching its stabilization. Dont bet too much on gap between CPO and SBO, as SBO can plunge while CPO maintains flat.

See price action from 2014 peak to 2019 bottom, that's tell commodity stock cycle.

Posted by MorningGlory123 > 2022-09-08 13:30 | Report Abuse

Strongly advise all members, stay away from planter stocks

Foresee CPO price will dip below 2,800 for the next 6 months

Most of the global commodities price will wildly adjusted lower soon

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-08 15:47 | Report Abuse

Don’t over react to ESOS and ‘poor’ dividend. There are people anxiously waiting to grab your shares at low price.
I think the dividend yield is improving to 4% for FY 2022 which is reasonable.

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-13 18:21 | Report Abuse

CHICAGO (Sept 12): Chicago Board of Trade (CBOT) soybean futures surged to their highest price since June on Monday (Sept 12), and closed near their highs, after the US government made bigger-than-expected cuts in its domestic harvest estimates.

Corn futures also hit their highest price in more than two months, following a reduced production outlook from the US Department of Agriculture (USDA).

Johnzhang

2,668 posts

Posted by Johnzhang > 2022-09-13 18:24 | Report Abuse

CPO rebounded over RM200 pmt. More solid gain expected into 4qtr and into 2023.

calvintaneng

49,647 posts

Posted by calvintaneng > 2022-09-21 11:36 | Report Abuse

Fcpo rebounding above Rm3800

Go go power ranger

calvintaneng

49,647 posts

Posted by calvintaneng > 2022-09-21 16:44 | Report Abuse

Real time fcpo now Rm3888

casanwk

1,469 posts

Posted by casanwk > 2022-09-26 09:26 | Report Abuse

Spring down?
(Wyckoff theory)
Manipulation by pros!
Park @2.36

Posted by supersinginvestor > 2022-09-26 15:25 | Report Abuse

Palm oil over like gloves...
Read up to know why..
Good luck...

Posted by supersinginvestor > 2022-09-26 15:48 | Report Abuse

No same like gloves...
Read up m know it..
Sorry i cant spoon feed you...
I give u clue...
Vegetable oils now a national security for nations as gloves...
Gloves not only china la...lol...gloves now everyone make thier own...no one want china stuff lerr ..

Posted by supersinginvestor > 2022-09-26 15:50 | Report Abuse

Read up on
Adani-wilmar...
Palm oil over cos of alternatives..
Gloves same...
Sorry...
Get on with the flow...
Those who refuse to go with the flow will burn..
I withdraw all positive calls on palm oil...

titan3322

1,795 posts

Posted by titan3322 > 2022-09-29 19:39 | Report Abuse

Opportunity to buy much cheaper than esos price now. What do you think ?

Abba84

885 posts

Posted by Abba84 > 2022-10-06 13:27 | Report Abuse

Titan3323 looks likely the winner!
Kept buying wen pric lows..others throw h buys.
How many esos still around .wth directors?

Abba84

885 posts

Posted by Abba84 > 2022-10-06 17:05 | Report Abuse

Thanks,titan33

casanwk

1,469 posts

Posted by casanwk > 2022-10-11 16:13 | Report Abuse

Next order block 221- 222?

The1913Sun

142 posts

Posted by The1913Sun > 2022-10-17 14:12 | Report Abuse

is oil day coming?

The1913Sun

142 posts

Posted by The1913Sun > 2022-10-17 14:12 | Report Abuse

Investors should adopt a profit-taking strategy – given the continued uncertainty on Indonesia’s Domestic Market Obligation (DMO) policy impact, and with the recent change in tax structure which is punishing for companies that want to get an exemption. We downgraded three recommendations during the recent quarter’s reporting season. We maintain our NEUTRAL sector weighting.
The 1Q22 reporting season saw most planters booking results that beat expectations on the leveraged impact of higher CPO prices, with eight stocks above, one in line with, and five below expectations.
Production trends in Malaysia and Indonesia varied in 1Q22, with Malaysia’s output in 1Q22 rising 3.9% YoY, but falling 21% QoQ. For the Malaysian companies under coverage, however, we saw FFB output fall 3.5% YoY. In Indonesia, official numbers reported a CPO output rise of 9.5% YoY in 1Q22 and drop of 7% QoQ. However, we saw a mix of output trends from the companies we cover, with most posting double-digit YoY declines, while others posted flattish or double-digit growth in 1Q22, due to different weather patterns in different areas. Most planters in Malaysia are expecting production to recover further in 2H22, by a mid-to-high single-digit growth. Conversely, in Indonesia, most planters are expecting mid-single-digit growth, due to the high base effect in 2021.
Forward-selling activities picking up for 2H22. Despite average spot CPO prices of c.MYR6,183/tonne in 1Q22, most planters were unable to realise this, due to their exposure to Indonesia and some forward-selling activities. While we saw a less aggressive forward-selling stance in 4Q21, there has been a pick-up in forward-selling activities for the rest of 2022, as planters are nervous about the sustainability of high prices and the impact Indonesian trade policies will have on prices.
Malaysia’s CPO output was flattish (-0.1% YoY) in May, while stocks dropped 7.4% to 1.52m tonnes, due to a 26.7% MoM rise in exports due to the Indonesian export ban. Despite the lifting of this ban at end-May, we believe exports from Malaysia would not fall too significantly in June, given the logistics issues faced in Indonesia currently, as well as the difficulty in obtaining export permits. Stock levels could, therefore, remain low in June, and only pick up from July onwards.
Maintain NEUTRAL on sector, adopt a profit-taking approach. With the lifting of the Indonesia export ban, CPO prices and share prices of planters fell. As mentioned in our 20 May report (Plantation: Indonesia’s Export Ban Lifted, But What’s Next?), we advocated a profit-taking strategy, given the continued uncertainty on the DMO policy impact in Indonesia. In addition, the special USD200/tonne tax to get a DMO exemption would be punishing for players in Indonesia that are finding it difficult to obtain the necessary export permits to export their products.
In 1Q22, we cut our calls on Ta Ann and PP London Sumatra Indonesia to NEUTRAL (from Buy), and on Genting Plantations to SELL (from Neutral). We now have four BUYs, nine NEUTRALs, and one SELL call.

calvintaneng

49,647 posts

Posted by calvintaneng > 2022-10-19 13:35 | Report Abuse

Best time to buy Sop as it's p/e only 2 to 3

increasing dividend trend

strong insider support

with great future

The most profitable and most undervalue palm oil shares today

target price should be above Rm5 to Rm6 after bonus now

VTrade

2,427 posts

Posted by VTrade > 2022-10-19 13:44 | Report Abuse

Leets say
1.60 to 1.00
Total there is
600bips

2.5 to 5
There is only 2500 bips

Betul ?

Posted by StartOfTheBull > 2022-10-19 13:59 | Report Abuse

From Ta Ann forum:

titan3322

Can sell at this price lah woi nanti regret !

3 hours ago


titan3322

You bukan xtau counter ni kuat manipulasi pasti turun below 3.60 !

3 hours ago


Nepo

correct, sold all@3.66

2 hours ago

*********
What is this dude? Not knowing that plantations counters rides on the same boat?

Posted by StartOfTheBull > 2022-10-19 15:06 | Report Abuse

Titan3322 I didn't ask people to buy or sell any stocks and I know it is incorrect to do that.

Posted by StartOfTheBull > 2022-10-19 17:02 | Report Abuse

Good chance CPO back to above RM4,500 when La Nina expected to take its effects on FFB production starting around end of November this year.

calvintaneng

49,647 posts

Posted by calvintaneng > 2022-10-19 18:18 | Report Abuse

Sop

super value plus super growth stock

will see boom times ahead

Posted by EastWestTalker > 2022-11-09 16:33 | Report Abuse

is it time for oil already?? my bullets cant wait for it d

Posted by EastWestTalker > 2022-11-09 16:33 | Report Abuse

Maintain NEUTRAL on sector, adopt a profit-taking approach. With the lifting of the Indonesia export ban, CPO prices and share prices of planters fell. As mentioned in our 20 May report (Plantation: Indonesia’s Export Ban Lifted, But What’s Next?), we advocated a profit-taking strategy, given the continued uncertainty on the DMO policy impact in Indonesia. In addition, the special USD200/tonne tax to get a DMO exemption would be punishing for players in Indonesia that are finding it difficult to obtain the necessary export permits to export their products.
In 1Q22, we cut our calls on Ta Ann and PP London Sumatra Indonesia to NEUTRAL (from Buy), and on Genting Plantations to SELL (from Neutral). We now have four BUYs, nine NEUTRALs, and one SELL call.

Posted by EastWestTalker > 2 months ago | Report Abuse

oil still fine, still worth to hold

vale0111

160 posts

Posted by vale0111 > 2 months ago | Report Abuse

Malaysia's palm oil board on Monday warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.

The edible oils market has grappled with volatility triggered by recession fears, Russia's invasion of Ukraine and governments' curbing exports to protect domestic food supplies.

vale0111

160 posts

Posted by vale0111 > 2 months ago | Report Abuse

State agency Malaysian Palm Oil Council (MPOC) said flood-related supply worries combined with a weaker ringgit would keep prices of the edible oil between 4,000 and 4,400 ringgit a tonne until the end of December.

Prices would be 3,900 to 4,300 ringgit until March 2023, and slip further to 3,800 to 4,200 ringgit in the second quarter, said MPOC Chief Executive Wan Aishah Wan Hamid.

The futures contract was trading at 4,172 ringgit ($910.52) at midday on Monday.

The MPOC forecast Malaysia's 2022 crude palm oil production would shrink for a third year to 18.08 million tonnes, compared with 18.1 million tonnes last year. It sees Indonesia's production rising to 46.6 million tonnes from 44.7 million tonnes in 2021. - Reuters

Posted by dashengyong82 > 2 months ago | Report Abuse

In September 2022, the local palm oil stocks exceeded 2.3 million tonnes, the highest level in 18 months, but palm oil prices further declined to the lowest level since June 2021

Posted by dashengyong82 > 2 months ago | Report Abuse

For the medium term, the ongoing Russia and Ukraine conflict will still be a factor and palm oil supply growth will likely plateau next year.

“We forecast that price will likely remain between RM3,900 per tonne and RM4,300 per tonne until March 2023,” she said during her presentation at the Palm Oil Internet Seminar yesterday.

In terms of palm oil stocks, she said the Malaysian palm oil stocks had been on a declining trend from December 2021 to April 2022 resulting in higher prices recorded as stock levels have an inverse relationship to price. However, since May 2022, stock levels have been rising and prices have declined.

Posted by Praxeology > 2 months ago | Report Abuse

Sarawak Oil Palms Berhad is one of the leading palm oil producers in Malaysia. With over 40 years of experience, ерун are committed to providing high quality palm oil products to their customers.

calvintaneng

49,647 posts

Posted by calvintaneng > 2 months ago | Report Abuse

SOP results

YoY is up but QoQ down slightly

Total cash is up by Rm200 mil while debt is down by Rm200 millions

Cash less debt SOP now has Surplus cash of Rm500 millions

Being debt free SOP can certainly declare better dividends

calvintaneng

49,647 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Correction

Cash is up by Rm200 mil
loan is down by Rm100 mil

Net cash after minus loan is Rm500 millions

SOP can give better dividend as it is now debt free and one qtr revenue alone over Rm1.3 Billion strong

yhyau77

4 posts

Posted by yhyau77 > 2 months ago | Report Abuse

With the world economy heading into stagflation, industries that will hold value are those producing essential basic goods and services and hopefully the plantation sector will remain strong given that palm oil is one of the cheaper sources of edible fats coupled with foreseeable higher bio fuel demand.
With healthy cash balances and balance sheets, opportunities abound to enhance capacities (increase land bank, downstream diversification, even Graphene from palm waste).

elyshh

3 posts

Posted by elyshh > 2 months ago | Report Abuse

Yes, it is important to be aware of potential manipulation of the market by the issuing bank. However, it is also important to be aware of the risks associated with trading in call warrants. Investors should understand the terms and risks associated with investing in call warrants before making any investment decisions. Additionally, investors should consult with a financial advisor or other professional before investing in any financial product.

Mabel

20,841 posts

Posted by Mabel > 1 month ago | Report Abuse

Haha Mabel just got from Mabel's Plantation..

Weather is beautiful today at our Plantation. As we about to cross 2022 checker flag, one of Mabel Sarawak Plantation has given dividend payment of RM0.10 per share, and in the last 12 months, the company paid a total of RM0.30 per share. Looking at the last 12 months of distributions, Ta Ann Holdings Berhad has a approximately 7.7% on its current stock price of MYR3.90. Dividends are a one of major sources of income for us farmers.

Life is so beautiful...

Hujan Emas 5G Techs sedang berkembang
Hujan Emas Banking sedang berlari lari
Hujan Emas O&G sedang bergelombang
Hujan Emas Sawit berbunga berseri seri

https://www.youtube.com/watch?v=lqOLC7-SBaI

Mabel the Farmeow

titan3322

1,795 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

SOP Call warrant CM matuting Jan 17 2023. Sudah beritahu IB mesti kasi turun . Now the best time to pick up the mother shares !

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