Posted by Cheong88 > 2020-08-14 19:38 | Report Abuse

Based on GDP, palm oil counter has increment of 7.5%.
Hopefully it can deliver a better result compared to Q1.
71 million x 1.075= 76.3 million, EPS=13.3 sen (*hopefully*)

Posted by Cheong88 > 2020-08-14 20:26 | Report Abuse

I see. Thanks for pointing that out.

Posted by johoran > 2020-08-16 20:08 | Report Abuse

Topic
RHB Thematic Webinar: Plantation - Swarmageddon: Rise Of “The Black Swarm”

Description
The past few weeks have seen the gloves industry hog the business headlines.
Time to look at something else now?
We invite you for a closer look at the plantation sector. Join us at our exclusive webinar and meet Sarawak Oil Palms Bhd.
At the same time, get insights into the plantation sector from our RHB Research Analyst.

Programme
7.45pm:
Admission to Zoom webinar

8.00pm:
Sarawak Oil Palms Bhd presentation by Corporate Personalities and Q&A

- Eric Kiu Kwong Seng, Chief Operating Officer

- Tho Kheng Chiang, Chief Financial Officer

Plantation Sector Outlook and Q&A
- Hoe Lee Leng, Regional Sector Head, RHB Research

This webinar is limited to only 3,000 seats on a first-come-first-served basis.
Time
Aug 18, 2020 08:00 PM in Kuala Lumpur
RHB Investment Bank

Posted by skyea > 2020-08-18 22:52 | Report Abuse

kinuxian, did u dial in the zoom call?

Posted by Gabriel Khoo > 2020-08-19 18:36 | Report Abuse

5.6

Posted by Fabien "The Efficient Capital Allocater" > 2020-08-19 21:59 | Report Abuse

You are right.

It's time to look at plantation counters.

The dynamics seem favourable to the industry, increased demand and uptrending CPO prices.

Posted by gemfinder > 2020-08-19 23:18 | Report Abuse

Y rhb gave so low tp?

Posted by Booyeah > 2020-08-19 23:51 |

Post removed.Why?

Posted by johoran > 2020-08-20 15:50 | Report Abuse

8.20.. true or not

Posted by johoran > 2020-08-20 15:57 | Report Abuse

Can archieve rm6.00 already goood.. haha

Posted by jojo85 > 2020-08-24 20:17 | Report Abuse

I expected qr release today..but im wrong..tomolo myb..tp1 rm 4

Posted by gemfinder > 2020-08-26 17:36 | Report Abuse

38milion profit. Good. Tomorow above rm4

Posted by jojo85 > 2020-08-26 17:41 | Report Abuse

Im expecting more...but 38 mil is quite good..

Posted by Gabriel Khoo > 2020-08-26 18:08 | Report Abuse

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

Posted by johoran > 2020-08-26 18:08 | Report Abuse

Good result.. eps 33.16
PE 15=4.97
PE 18=5.96

Posted by skyea > 2020-08-26 18:57 | Report Abuse

Quality project? Apatu

Posted by johoran > 2020-08-26 19:06 | Report Abuse

Kenanga

Posted by johoran > 2020-08-26 19:07 | Report Abuse

Sarawak Oil Palms Bhd (Trading Buy)
Sarawak Oil Palms is the business of cultivation of oil palm plantation, milling, refining of oil palm products and trading of oil palm products.
The group has increased its net income for 3 consecutive quarters on the back of better CPO prices. Based on its current quarter results (1QFY20), the group made a core net income of RM41m (+28% QoQ). The coming quarter earnings is expected to hold too given the pent-up demand (partly due to the Deepavali festival in November).
Based on consensus estimates, the group’s net incomes are forecasted at RM111.0m (+23.5% YoY) in FY20E and RM148.0m (+33% YoY) in FY21E. This translates to forward PERs of 18x and 15x, respectively.
Chart-wise, the stock has been trending in an upward sloping channel since the March market melt-down while forming higher lows. Given its rising RSI indicator from an oversold region and backed by above average trading volume, we thus believe the price uptrend could persist.
With that, our overhead resistance levels are set at RM3.95 (R1) (+10% potential upside) and RM4.20 (R2) (+17% potential upside).
Meanwhile, our stop loss is set at RM3.35 (-7% downside risk).

Posted by johoran > 2020-08-26 19:09 | Report Abuse

https://klse.i3investor.com/blogs/kenangaresearch/2020-08-14-story-h1511706527-Daily_technical_highlights_ndash_SOP_JHM.jsp

Posted by Gabriel Khoo > 2020-08-26 19:18 | Report Abuse

Sorry quality palm oilnproduct*

Posted by ChoCho > 2020-08-26 20:59 | Report Abuse

Excellent result despite covid season. Congrats to all vested.

Posted by enning22 > 2020-08-26 21:32 | Report Abuse

need to point out last quarter (april -june) average cpo price was around 2450-2550,the current quarter , see 2600-2700, so the profit result will be even higher, last quarter should be even more fascinating.

Posted by bluered > 2020-08-26 21:48 | Report Abuse

go high2...tp 8

Posted by gemfinder > 2020-08-26 21:54 | Report Abuse

See tomorow rhb gave how much tp

Posted by skyea > 2020-08-27 01:18 | Report Abuse

trailing 4Q 33EPS...& still below 1x bookvalue??

Posted by johoran > 2020-08-27 09:34 | Report Abuse

Maybank target price 4.31

Posted by gemfinder > 2020-08-27 12:39 | Report Abuse

y down? can share the maybank report?

Posted by Undi_PKR > 2020-08-27 15:33 | Report Abuse

Profit up YOY why down?

Posted by Undi_PKR > 2020-08-27 15:34 | Report Abuse

EPF/KWAP wrong appointment?

Posted by Undi_PKR > 2020-08-27 15:36 | Report Abuse

FF sold bec PN not voted govn?

Posted by johoran > 2020-08-28 15:51 | Report Abuse

why down? good profit

Posted by johoran > 2020-08-28 15:54 | Report Abuse

cpo 2839 +55

Posted by Investorrr > 2020-08-29 21:50 | Report Abuse

next tuesday.SOP price should break up above the upper bollinger .uptrend after wednesday volume closed more than the average volumn of 281.8k for the past 20 trading days from wednesday closes volumn
.after wednesday price surged above upper bollingger,price staged a pull back on last thursday and friday...symetrically trianger breakup pattern.

Posted by Investorrr > 2020-08-29 21:54 | Report Abuse

last wednesday volumn was 341.7k which is higher than average volumn of 281.8k for the past 20 days from last tuesday .

Posted by Investorrr > 2020-08-29 21:55 | Report Abuse

all the SOP chart pattern are pointing to bullish trend

Posted by johoran > 2020-09-01 15:57 | Report Abuse

cpo 2823... keep up..sop soon 4.2

Posted by EngineeringProfit > 2020-09-01 17:11 | Report Abuse

Finally....phew

Posted by enning22 > 2020-09-01 17:34 | Report Abuse

kcpo break thru 3000 rm psychological level,more funds will come in, it takes another 50 rm to get there.

Posted by Mabel > 2020-09-01 17:38 | Report Abuse

Nice and lovely...

Meow

Posted by gemfinder > 2020-09-01 17:56 | Report Abuse

Tomorow above 4. Tahoo

Posted by Evolution4 > 2020-09-01 19:35 | Report Abuse

Haha mabel u are also here? we are in same boat again!

Posted by Mabel > 2020-09-02 09:17 | Report Abuse

@Evolution4 Haha mabel u are also here? we are in same boat again!
01/09/2020 7:35 PM

Great Evo!

Happy to see you here too...

Huat Chaii!

Posted by ChoCho > 2020-09-02 23:21 | Report Abuse

SOP is 1 of the palm oil counter that tracks the crude palm oil index closely. index up, this share up.

Posted by ChoCho > 2020-09-03 09:07 | Report Abuse

Palm oil stocks output have to do announcement monthly to bursa and estimates of revenue can be calculated.
Hence palm oil stocks will not go up limit up, or will not triple up revenue like gloves companies. Also there will not be catalyst like finding vaccine or LOI or MOU.
Share price memang is little little bit up or down like snail pace.

Posted by GPS_Sarawak > 2020-09-03 09:14 | Report Abuse

Gloves can rally why not CPO fair or not? How to support PN 100%?

Posted by ChoCho > 2020-09-03 09:36 | Report Abuse

Gloves becos of covid GLOBAL pandemic. Palm oil want rally due to what? India Deepavali increase consumption of palm oil? Or drink palm oil to fight covid?

Posted by skyea > 2020-09-03 11:04 | Report Abuse

Sop from rm 2 to rm 4 in few mths.. twice in a year alrd. Not fast enuff ar?

Posted by ChoCho > 2020-09-03 11:05 | Report Abuse

not fast enough for most people these days. daily need limit up lolz

Posted by enning22 > 2020-09-03 11:10 | Report Abuse

usually last 4quarterly is strong demand season ,due to festive season.and cpo price will keep climbing upward,plus this year experiencing production short fall, the situation is more tight,unable to meet demand.cpo price break out psychological level 3000/pt, all is well.

Posted by Mabel > 2020-09-03 11:42 | Report Abuse

Hari Hari tengok ladang
Bila tengok bertambah sayang
Macam mana Mabel tak sayang
Harga Sawit terus terbang melayang