Posted by Plantermen > 2020-11-30 08:08 | Report Abuse

SOP slow moving but underrated counter compared to its peer. Look at chinteck, United Malacca, smaller acreage but price much higher

Posted by skyea > 2020-11-30 19:48 | Report Abuse

sop slow to rally cuz u all buy too much dy lar. jonker behsong alll of you d.

Posted by Dakewlest > 2020-11-30 20:37 | Report Abuse

Next QR will be better as to reflect the higher CPO price.

Posted by Gabriel Khoo > 2020-11-30 21:17 | Report Abuse

9M20 unit cost was at MYR1,600/tonne (from MYR1,700/tonne in FY19).
This marked improvement stemmed from SOP’s ongoing cost cutting
initiatives (via staff cuts and mechanization). In addition, SOP has applied
85% to 90% of its fertilizer requirements during 9M20 and, as such, we
expect unit costs to come down in the remaining 4Q20.


Higher downstream profit.
Given its downstream lead time of c.2 months,
SOP is likely to have captured feedstock at lower prices and this trading
profit further boosted the performance of its downstream operations.
Moving forward, we expect SOP to benefit from the pick-up in demand from
key markets as business operations resume post-lockdowns. Its biodiesel
capacity expansion to 200,000 tonne pa is expected to be completed in
FY21.

Posted by skyea > 2020-11-30 22:14 | Report Abuse

which IB is it from gabriel?

Posted by johoran > 2020-11-30 23:11 | Report Abuse

share split or bonus issue will help liquidity..

Posted by Gabriel Khoo > 2020-11-30 23:18 | Report Abuse

RHB

Posted by jazzkhor > 2020-12-03 12:44 | Report Abuse

https://www.theedgemarkets.com/article/sime-darby-ame-uzma-sarawak-oil-palms-berjaya-corp-bermaz-auto-samaiden-uwc-uem-sunrise

Sop price will fly

Posted by Plantermen > 2020-12-03 13:15 | Report Abuse

SOP needs to increase the company dividend payout { CPO price now at 8 year high} IB 's upgrade will follow for 2021

Posted by Anonymous9898 > 2020-12-03 19:23 | Report Abuse

wonder why plantation stock cannot up like metal stock...up one day then drop back

Posted by Plantermen > 2020-12-03 20:01 | Report Abuse

Good question. Everyone plays vaccine

Posted by skyea > 2020-12-03 22:23 | Report Abuse

can up one, but u all buy too much, jonker beh syiok ...dun wan push for u...he ask u blow or not haha

Posted by fishchu > 2020-12-03 22:26 | Report Abuse

The plantation companies fared well in 3Q20 too, thanks to the rebound on crude palm oil prices. Genting Plantations Bhd’s quarterly profit leaped 241.8% y-o-y, Sarawak Oil Palms Bhd (138.8%), IOI Corp Bhd (86.5%) and United Plantations Bhd (58.3%). Meanwhile, both Sime Darby Plantation Bhd and FGV Holdings Bhd have turned profitable.

Posted by Anonymous9898 > 2020-12-04 09:30 | Report Abuse

https://www.klsescreener.com/v2/news/view/762101/low-production-to-support-cpo-prices

Posted by Anonymous9898 > 2020-12-04 09:31 | Report Abuse

"According to CGS-CIMB Research, Sabah estates posted the highest month-on-month drop in production while Sarawak estates registered the lowest."

Posted by Anonymous9898 > 2020-12-04 09:33 | Report Abuse

from what i see, the SOP's production in October did not fell much compared with other plantation stocks

Posted by Gabriel Khoo > 2020-12-04 11:46 | Report Abuse

Just be patient. Sop is the most cheapest plantation stock in the industry

Posted by Plantermen > 2020-12-04 13:58 | Report Abuse

Positive factors are all here but...but the price never moves stuck at 4.00+. SOP needs a booster to kick start an upgrade { higher dividend will fits in nicely } Board should heed the advice { special dividend pay outs}

Posted by Investorrr > 2020-12-04 14:39 | Report Abuse

Malaysia may keep duty free palm exports for January-March next year.if it is true,palm oil price may rally to rm4000/my in January
all palm oil counter should also rally to all time high
2nd half december 2020 should start moving up if free export duty.

Posted by Investorrr > 2020-12-04 14:48 | Report Abuse

just imagine.last year november 2019 rally to january to above 2.5 when palm price rm3100 only..now already rm3400 to rm3500.and if export duty free extension to march 2021,price of palm touch rm4000 in january 2021 with strong economy recovery play,sop prices should exceed rm7

Posted by Investorrr > 2020-12-04 14:49 | Report Abuse

https://www.theedgemarkets.com/article/palm-oil-demand-will-be-limited-if-prices-continue-rise-%E2%80%94-analysts

Posted by Jaack1 > 2020-12-05 12:28 | Report Abuse

Dear Gabriel Khoo - can you please share RHB report here?

Tks/Rgds
Jaack1

Posted by Jaack1 > 2020-12-05 12:33 | Report Abuse

Dear Gabriel Khoo - can you also share MIB report here too? I am interested to add some SOP.

Tks/Rgds
Jaack1

Posted by Gabriel Khoo > 2020-12-05 20:36 | Report Abuse

Whats ur email

Posted by Keyman188 > 2020-12-06 12:15 | Report Abuse

Keyman188 still can recall...


During 2014, when CPO average price was 2780, Plantation index was around 9400 level...


But as per today, CPO average price is standing 3350, Plantation index only 7349 (as per Friday closing) level...


So any CPO expert can guide this naive Keyman188 why so much different ???...


Perhaps CPO price gradually increased but overall oil palm planter companies unable to deliver great performance results !!!......

Posted by Jaack1 > 2020-12-06 16:24 | Report Abuse

Dear Gabriel Khoo,

My email is ykgtoh@gmail.com

I thank you in advance.

Tks/Rgds
Jaack1

Posted by Anonymous9898 > 2020-12-07 11:10 | Report Abuse

4.2 - 4.22 resistance cant break

Posted by enning22 > 2020-12-07 11:40 | Report Abuse

for trending market, today's high , would be tomorrow's low.

Posted by Plantermen > 2020-12-07 11:45 | Report Abuse

Buy high sell higher { prices are on an uptrend }

Posted by enning22 > 2020-12-07 15:09 | Report Abuse

very clear juncture, there is a terrible 'squeeze' in palm oil market, demand much higher then supply, at least for next six months, any thing could happen in the future

Posted by enning22 > 2020-12-07 15:14 | Report Abuse

taann today performed very well

Posted by enning22 > 2020-12-07 16:07 | Report Abuse

CGS-CIMB 研究公司的调查结果显示，由于产量下降，11月底马来西亚棕榈油库存预计降至154万吨，比10月份下降2%，创下2004年以来的最低值。

CGS-CIMB种植业研究主管黄丽雱和纳古兰·拉维在一份研报里称，调查显示，11月底棕榈油库存可能比上年同期减少32%。

11月马来西亚毛棕榈油产量预计为155万吨，环比下降10.4%。分析师称，调查显示，沙巴州种植园的产量降幅最高，而沙捞越种植园的产量降幅最低。

11月份产量低于过去10年平均产量173万吨的原因在于，目前马来西亚依然冻结外国工人许可证，加上季节性因素，造成劳工人手短缺。此外，拉尼娜造成降雨量高于正常水平，导致收获中断。

11月份马来西亚棕榈油出口量预计为138万吨，环比下降17%，低于过去10年里11月份的平均出口量149万吨。

分析师表示，出口疲软的部分原因可能在于，毛棕榈油价格上涨导致消费者需求受到调配。此外，一些贸易商可能因为预计印度政府可能削减毛棕榈油进口关税而暂停采购。印度从2020年11月27日起将毛棕榈油进口关税削减10%，至27.5%。

分析师表示，由于马来西亚和印度尼西亚棕榈油库存偏低，以及其他主要竞争食用油供应紧张，11月份毛棕榈油均价为3436令吉，环比上涨15%，同比上涨37%。

CGS-CIMB分析师预计12月份毛棕榈价格将运行在2800-3400/吨，因为马来西亚库存预计偏低，而库存重建需要时间；以及马来西亚棕榈油出口预计增长，因为贸易商利用印度降低毛棕榈油进口关税以及年底前马来西亚对毛棕榈油出口征收零关税。

Posted by Gabriel Khoo > 2020-12-09 12:45 | Report Abuse

announce during historical high QR ... possible otw

Posted by Plantermen > 2020-12-10 09:05 | Report Abuse

Any higher dividend pay out or share splits will up its re rating positively

Posted by EngineeringProfit > 2020-12-10 16:35 | Report Abuse

https://simplywall.st/stocks/my/food-beverage-tobacco/klse-sop/sarawak-oil-palms-berhad-shares/news/is-sarawak-oil-palms-berhad-klsesop-a-smart-pick-for-income

Posted by Investorrr > 2020-12-10 21:35 | Report Abuse

https://www.theedgemarkets.com/article/cpo-futures-end-higher-lower-inventory

Posted by Plantermen > 2020-12-11 09:02 | Report Abuse

SOP underperformed { compared to its smaller counterparts } SOP bigger in size, output and earnings yet substantially lower compared to smaller United Malacca { 5.20 } or Chin teck { 6.90 }

Posted by Investorrr > 2020-12-11 11:39 | Report Abuse

illiquid share,hav to wait for retailers to come in.normally fund managers will look for liquid shares.

Posted by LuckyG > 2020-12-11 16:01 | Report Abuse

sold all thanks .good luck guys

Posted by cheer76 > 2020-12-12 21:48 | Report Abuse

Plantation index BO next week

Posted by Gabriel Khoo > 2020-12-13 21:33 | Report Abuse

plantation stocks usually good run in beginning of the year.
q4 bull run just more on speculating...if FCPO bull effect sustainable and the effect spill over next year...the bull will start
2019 price drop after hit 4.2 bcos the above didnt happen.
this round...cpo bull due to structural changed (back by fundamental).
u guys can check the stock price of sop or any other plantation companies since 2010 and read together with fcpo.

Posted by Plantermen > 2020-12-14 07:30 | Report Abuse

Gabriel : yup 4.20 looks like the resistance { despite the positive cpo price uptrend} Needs to break it convincingly.

Posted by Gabriel Khoo > 2020-12-14 11:42 | Report Abuse

Good time will come just be patient

Posted by LuckyG > 2020-12-14 17:22 | Report Abuse

long term glove counter left maximum 50% from the price now . i guess 30% to 40% 1 year from now.

Posted by Jonathan Keung > 2020-12-15 09:43 | Report Abuse

Short or long term play plantation is good investment { CPO keep trending higher } but SOP keep dropping

Posted by Mabel > 2020-12-16 13:34 | Report Abuse

Palm oil has a 5 year cycle of long term trends of bull and bears .

2009-2014 uptrend bull run
2014-2019 bears
2020- 2025 uptrend super bull run starts.

Farewell Mr Bear, the Bull is taking over…

Meow Meow Meow

Posted by Mabel > 2020-12-16 13:42 | Report Abuse

Pekebun sawit sedang menari

Harga sawit naik lagi

Harga RM 3700 mencecah kembali

RM 4000 confirm tak lama lagi

Meow Meow Meow

Posted by Plantermen > 2020-12-18 10:33 | Report Abuse

No volume, no punters, no shark

Posted by Gabriel Khoo > 2020-12-22 17:56 | Report Abuse

Nothing news

Posted by EngineeringProfit > 2020-12-23 20:05 | Report Abuse

Timely when the crops are ripe.........ownership si.
is taken via back door. Pity fgv investors