Posted by Plantermen > 2020-11-12 10:40 | Report Abuse

Targeted at least 4.00 by next week

Posted by Gabriel Khoo > 2020-11-13 10:17 | Report Abuse

Hit rm4

Posted by supersinginvestor > 2020-11-13 14:28 | Report Abuse

#jojo85 who said utdplnt q on q dropped? Plz dont make false statements...

Posted by gemfinder > 2020-11-13 15:35 | Report Abuse

hopefuly can reach rm5

Posted by gemfinder > 2020-11-13 15:36 | Report Abuse

cpo px 3300!!!!

Posted by koowakzai > 2020-11-13 15:40 | Report Abuse

Government keep asking us to follow SOP, so we must adhere to it. Keep follow and add more SOP...

Posted by LuckyG > 2020-11-13 15:47 | Report Abuse

nice one lol.koowakzai

Posted by Dakewlest > 2020-11-13 16:08 | Report Abuse

Just bought at RM4.02. Hopefully price can still go up.

Posted by jojo85 > 2020-11-13 19:15 | Report Abuse

Supersinginvestor, becos of u, i double check my statement..and it is still a yes..dropped 23%. .from 125mil to 95 mil..

Posted by Newbieinshare > 2020-11-13 21:03 | Report Abuse

wow SOP finally moved! I have been following SOP since 3.4 and 3.6
today SOP is one of the best performing plantation counter. I realised SOP has lowest PE among its peer

Posted by Gabriel Khoo > 2020-11-13 21:07 | Report Abuse

What's your prediction for SOP's Q3 earnings

Posted by Jonathan Keung > 2020-11-13 21:49 | Report Abuse

SOP making its move

Posted by XxxxXzz > 2020-11-14 00:04 | Report Abuse

Jojo85, you have to compared the revenue not the profit. Every company having different margin ya. Had you read the all financial statement utdplt? Qoq revenue 294m to 334m. Qoq profit 123m to 95m. Compared where the cost increased or one off expense taken up. Increased in oil palm price will lead more profit in future quarter as long as magement control the costing properly. Just same thing apply to glove when asp increased. But government gonna charged 5% windfall tax for oil palm sector. Sales per ton above 2500, charged 5% from the extra of 2500

Posted by XxxxXzz > 2020-11-14 00:13 | Report Abuse

SOP having more production than utdplt, so the extra revenue of margin will not have any cost inside. I expect coming qr should have more than 100m profit, since last qr 600m revenue and 41m profit.
Apr to Jun 2k to 2.2k
Jul onward price between 2.6k to 3k.
So if having same quantity of production, just take extra 10% margin from increased price. 41m prior profit + 60m (10% of 600m revenue last qr).

And you will see eps 19sen when profit reached 115m per qr.

Posted by Dakewlest > 2020-11-14 00:46 | Report Abuse

Xxxx, what is your personal TP?

Posted by Plantermen > 2020-11-14 00:56 | Report Abuse

Windfall tax applies if CPO exceeds $2500 per tonne for Peninsular and $3000 per tonne for Sabah and Sarawak

Posted by XxxxXzz > 2020-11-14 07:41 | Report Abuse

Dakewlest, no idea. Depends on cpo price moving. Maybe could break all new high rm6 above? Or better when cpo reach all new high

Posted by XxxxXzz > 2020-11-14 07:43 | Report Abuse

Now their qr is better than 2014 when price at 6.5 plus. But 2014 market sentiment is good

Posted by bluered > 2020-11-14 08:07 | Report Abuse

profit making company

Posted by Investorrr > 2020-11-14 12:17 | Report Abuse

should be above RM7 tp if based on PE at 24 for FY2021

Posted by XxxxXzz > 2020-11-14 20:19 | Report Abuse

Erm, 2021 eps may reach 70-80sen eh. Pe10 already rm7

Posted by gemfinder > 2020-11-14 20:24 | Report Abuse

Rm6 coming

Posted by Dakewlest > 2020-11-15 00:11 | Report Abuse

Wait for TP from IB after QR.

Posted by Gabriel Khoo > 2020-11-16 13:17 | Report Abuse

Min 4.7 by MIB

Posted by Plantermen > 2020-11-16 16:43 | Report Abuse

XxxXzz looking at SOP production vs average CPO selling price for last qtr. Profit should be higher ranging betw 90 - 100 Million. Just my own view

Posted by XxxxXzz > 2020-11-16 18:13 | Report Abuse

Refer cepatwawasan qr just released. Nice profit

Posted by XxxxXzz > 2020-11-16 18:15 | Report Abuse

Revenue from 51m to 63m around 20% growth

Posted by gemfinder > 2020-11-16 20:00 | Report Abuse

Cepat n ioi reported good result. Plantation counter huat ah

Posted by XxxxXzz > 2020-11-16 21:26 | Report Abuse

Tomorrow should be a good day for plantation sector. Ioi and cepat double up profit when compared same quarter with different finiacial year

Posted by Plantermen > 2020-11-16 23:43 | Report Abuse

XxxXzz yes totally agreed. Cpo hitting their highest prices last seen in 2014-2015 period { > 3,200 - 3,400 per tonne} a combination of fundamentals and weather

Posted by XxxxXzz > 2020-11-17 13:33 | Report Abuse

Fgv from loss to profit this qr. 3.9b revenue

Posted by Jonathan Keung > 2020-11-17 15:58 | Report Abuse

Fields talking about privatised FGV amidst rising CPO prices

Posted by Dakewlest > 2020-11-17 15:59 | Report Abuse

Furthermore, Maybank IB is anticipating a strong recovery in palm oil output next year.

Posted by Jonathan Keung > 2020-11-17 15:59 | Report Abuse

Typo error: Fields talking about privatised FGV amid rising CPO prices

Posted by Dakewlest > 2020-11-17 16:04 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/13/tight-supply-set-to-support-cpo-price?utm_source=smt&utm_medium=email&utm_campaign=BNL_November_17&utm_content=third_article+&__sta=vhg.hhksexov0sj_foj%7CTBVI&__stm_medium=email&__stm_source=smartech

Posted by UnicornP > 2020-11-18 18:15 | Report Abuse

KLK today's QR prospect: Prevailing CPO prices are buoyant as palm oil inventories remained tight, supported by higher exports. In view of this, plantation profit for financial year 2021 is expected to be much improved.

Posted by Jom123 > 2020-11-19 15:59 | Report Abuse

Crude palm oil for 3M futures up RM56 to RM3,420 per tonne

Posted by Plantermen > 2020-11-19 16:21 | Report Abuse

Latest FCPO bullish uptrend
Dec $ 3,586
Jan 3,457
Feb. 3,386
Mar. 3,312
Apr. 3,228

Posted by gemfinder > 2020-11-19 22:50 |

Post removed.Why?

Posted by minigiant > 2020-11-20 02:47 | Report Abuse

Plantation stock will fly soon

Posted by enning22 > 2020-11-20 09:20 | Report Abuse

currently experienced a very tight supply situation for oil and fat in world market, reasonable good price for palm oil at least for another six months or more.

Posted by frankco > 2020-11-20 09:23 | Report Abuse

retailers still have not come in yet let... collect when price dip slowly .. will rocket up in near future.

Posted by Anonymous9898 > 2020-11-20 09:52 | Report Abuse

Effective Jan 1, 2020, a 3% windfall tax per tonne is imposed on planters in Peninsular Malaysia if CPO prices surpass RM2,500 a tonne, earlier news reports quoted MPOB as saying. For planters in Sabah and Sarawak, a 1.5% windfall tax will be slapped if CPO prices exceed RM3,000 per tonne, MPOB said

If windfall tax is around 1.5%, i dont think it will affect much right?

Posted by Plantermen > 2020-11-20 10:05 | Report Abuse

Planting costs higher in Sabah & Sarawak. Lower tax rate applies for oil palm growers and higher ceiling price

Posted by Investorrr > 2020-11-20 10:16 | Report Abuse

I think this share min annualised EPS is rm0.38.which would translate to a share of about rm7 based on 18xPE

Posted by Investorrr > 2020-11-20 10:20 | Report Abuse

2019 annualised EPS Is rm0.15 and the highest price about tm2.5 based on 16xPE

Posted by Gabriel Khoo > 2020-11-20 11:50 | Report Abuse

Forward EPS 60C

Posted by johoran > 2020-11-20 21:10 | Report Abuse

Liquidity problem

Posted by chshzhd > 2020-11-20 23:42 | Report Abuse

cpo price rise rise rise .. but oil palm shares "dare not" to wake up:)
.. the volcano is going to explode :) 火山要爆发了：） gunung berapi akan meletup:)

Posted by Jonathan Keung > 2020-11-21 07:37 | Report Abuse

Punters are more keen in penny stocks { pump and dump } whereas plantation are deem for longer term hold strategy. IBs and fund houses are investing for long term whereas retail players are gunning for quick action.