Posted by Plantermen > 2020-12-24 17:44 | Report Abuse

The land lease agreement between Felda and FGV is a drag on their bottom line. In addition a percentage of FGV operating profit goes back to Felda

Posted by Plantermen > 2020-12-24 17:48 | Report Abuse

Finally SOP wake up. FCPO today traded $3,806 { Jan} $3,664 { Feb} $ 3,535 { Mar}

Posted by enning22 > 2020-12-27 19:26 | Report Abuse

i think in general,investors still worry the run up in cpo prices is just seasonal, and have not realised the fact that a structural change has taken place. Biodiesel,B30-B40, has largely increase the Indonesia consumption , this lead to larger disappearance in Indonesian oil inventary.On the demand side,the increase in consumption from china and india,caused the total demand number larger then supply number,in the equation. This can only change if Indonesia abolish the B30-40 biodiesel program.

Posted by Plantermen > 2020-12-28 08:39 | Report Abuse

Indonesia is pushing ahead of the biodiesel program { jokowi is trying to limit the country foreign exchange outflow} Indonesia is now a nett importer of oil { Malaysia may be in the same boat in the
coming decade}

Posted by Gabriel Khoo > 2020-12-28 23:15 | Report Abuse

Malaysian exports in December could climb to 1.6 million tons, the stronger shipments, as well as a likely reduction in production and stockpiles, are mostly priced in, Bagani said. The market is now looking at external factors, such as strikes by workers at soybean export plants in Argentina and market optimism related to the Covid-19 vaccine, he said.

Indonesia’s move to raise its export tax on crude palm oil for January may underpin the market, Bagani said.


Malaysia’s palm oil exports jumped 17% from a month earlier to 1.34 million tons during December 1-25 , according to cargo surveyor AmSpec Agri.

Posted by Plantermen > 2020-12-29 18:52 | Report Abuse

Dalian exchange may kick start more Chinese interest in agri trading. A leg up for palm oil trading {CPO} interest may be diverted from our Bursa derivative FCPO market} remember Robert Kuok is now based in China

Posted by calvintaneng > 2020-12-31 00:16 | Report Abuse

Fcpo now almost Rm3900

Sop will do very well like all palm oil stocks

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

US blocks imports of palm oil from Sime Darby Plantation.

Posted by LossAversion > 2020-12-31 09:13 | Report Abuse

@Seeyounoup: But really, how much palm oil from Sime goes to USA???

Posted by EngineeringProfit > 2020-12-31 10:05 | Report Abuse

calvintaneng Fcpo now almost Rm3900

Sop will do very well like all palm oil stocks


____________

Can overtake Simeplant or not?

Posted by enning22 > 2020-12-31 15:52 | Report Abuse

people not familiar with palm estates in general ,dont know how to make a simple projection of estate profit,let us simply the estimation , take example of SOP, roughly ,the cost of production per metric ton, 1900-2000rm,(taking from past year records).various taxes,in maximum number= 10%, equavalent ,350 rm per tonnes,the rest is profit net ,. Taking the current price in average of 3500 . we get roughly 1100 rm per tonnes profit. In SOP monthly production figures range from 45000 to 30000, let said 35000 tonnes, 35000x1100=38m. one quarter the number will be 114 millions.

Posted by selesa2020 > 2020-12-31 21:09 | Report Abuse

Expect the hit over 250mil gross profit , 4 qtrs combined. But, the sad thing is, sop share price never move higher than 4.30. haiz.

Posted by Mabel > 2021-01-01 08:16 | Report Abuse

Meow Meow Meow Happy New Year

Rivers and sea know this: there is no hurry. We shall get there some day.

Meanwhile leave the roads and take the trails to reach your destination.

May 2021 beats 2020..

Aameen

Posted by Plantermen > 2021-01-01 09:43 | Report Abuse

SBO hit new record high at last trading day. SBO is the bellwether for competing soft oils { Close correlation between SBO and CPO price trend}

Posted by enning22 > 2021-01-03 17:13 | Report Abuse

俄罗斯对大豆征收30%的出口关税政策已进入公众公开讨论阶段。远东大豆种植企业联合向俄政府提出反对意见。俄政府或会考虑在征收大豆关税政策基础上，添加补充条款，以避免对远东大豆种植户造成冲击，目前俄政府尚未签署法令。 俄罗斯大豆出口量约90万吨，占远东大豆产量的一半，其中约80万吨对中国出口。在俄从事大豆种植的中国农户和中国企业大豆产量占比达到25%。 对大豆征收出口关税与葵花籽出口关税上调原因本质不同。俄大豆产量440万吨，境内加工规模可达700万吨，大豆原料严重短缺，豆粕类饲料主要原料产量不足或成本高，进而影响俄畜牧业健康发展。

Posted by enning22 > 2021-01-03 22:26 | Report Abuse

sop a under valued stock, just like glove stocks, before the up surge,all calm before the storm.Flooding occures in most part of palm oil producing states like Pahang and Johore.

Posted by calvintaneng > 2021-01-04 08:49 | Report Abuse

VERY HAPPY NEW YEAR 2021

Posted by enning22 > 2021-01-04 15:57 | Report Abuse

cpo price could reach 4000 rm per tonne

Posted by selesa2020 > 2021-01-05 10:33 | Report Abuse

Go go go

Posted by Plantermen > 2021-01-06 08:28 | Report Abuse

Sbo hitting new record high at 44 cents

Posted by enning22 > 2021-01-06 10:53 | Report Abuse

argentine bans export of soya,till March 2021, Russia may also bans their soya export , critical tight supply

Posted by calvintaneng > 2021-01-06 13:06 | Report Abuse

Finally

Rhb has upgraded SOP to new target price of Rm5.40

Rm5.40 will be easily surpassed as Cpo marches on above Rm4000 per ton

Posted by EngineeringProfit > 2021-01-07 13:04 | Report Abuse

New UC Riverside research shows soybean oil not only leads to obesity and diabetes, but could also affect neurological conditions like autism, Alzheimer's disease, anxiety, and depression.

Posted by EngineeringProfit > 2021-01-07 13:06 | Report Abuse

America's most widely consumed oil causes genetic changes in the brain. Soybean oil linked to metabolic and neurological changes in animal models.

Posted by EngineeringProfit > 2021-01-07 13:10 | Report Abuse

The researchers concluded that certain genes that were given soybean oil weren’t operating properly, identifying about 100 of them. They noticed one particular gene that produces oxytocin, also known as the “love hormone,” seemed to be impaired in mice who ate soybean oil. Their oxytocin levels were lower than normal.

When the researchers tested them with coconut oil, they found it didn’t produce as many gene changes in the hypothalamus as the soybean oil did. Considering soybean oil is a very present aspect of the American diet, the authors argue their findings could have some public health significance.

More Trumps

Posted by selesa2020 > 2021-01-07 14:04 | Report Abuse

What making this counter sad is, no shark wanna come.. haizz.. only few anchovies here waiting, almost meaningless... WTH!

Posted by selesa2020 > 2021-01-07 14:06 | Report Abuse

Sifu, you sure RM1.5k per mt? With windfall tax and ever increasing labor cost and materials, it could only easing closer to 2k. 1.5k , maybe that is the time when robots have taken over the Indon workers.

Posted by treasurehunt > 2021-01-07 14:20 | Report Abuse

Enjoy windfall profit and not much different with gloves. Not big deal.

Posted by enning22 > 2021-01-07 14:36 | Report Abuse

windfall profit tax =3% ,if above 2500rm , export tax 8% for month of jan2021

Posted by treasurehunt > 2021-01-07 14:46 | Report Abuse

People talk bad about gloves windfall profit, it comes back to palm oil also.

Posted by Jack888 > 2021-01-07 15:46 | Report Abuse

sop moving uptrend...buy..buy

Posted by Jonathan Keung > 2021-01-07 16:01 | Report Abuse

Windfall tax for Sarawak kicks in at 3,000

Posted by chshzhd > 2021-01-07 21:08 | Report Abuse

volcano is going to explode..

Posted by Gabriel Khoo > 2021-01-07 23:21 | Report Abuse

If cpo stay at 3000 for 2021. Sop earnings likely to hit 350 to 400m

Posted by Jack888 > 2021-01-08 09:29 | Report Abuse

CPO hit 4000 ?

Posted by gemfinder > 2021-01-08 09:38 | Report Abuse

c u at 6

Posted by EngineeringProfit > 2021-01-08 09:38 | Report Abuse

Soybean oil is bad for mental, emotional and neurological health.


Use only minyak kelapa sawit (red one)

Posted by EngineeringProfit > 2021-01-08 09:47 | Report Abuse

10.00.....is coming

Posted by Jonathan Keung > 2021-01-08 10:00 | Report Abuse

Funds in

Posted by calvintaneng > 2021-01-08 10:18 | Report Abuse

SOP is the middle weight Palm oil champion

So go double to Rm8.00

Small cap will go up 300% or more eventually at peak prices

We are still in very early bull

So just buy and hold tight tight like I hold on to Supermax from Rm1.73 to Rm24.44

See all at the TOP!!

Posted by calvintaneng > 2021-01-08 10:20 | Report Abuse

Since Supermax result will be out and gloves might rise

Last opportunity to sell all gloves and switch all into palm oil shares


Yes!

Sell gloves on rebound

Buy into LAGGARD Palm oil shares!!!

Posted by Plantermen > 2021-01-08 17:55 | Report Abuse

SOP closing very dissapointed. Lack of holding power

Posted by treasurehunt > 2021-01-09 10:04 | Report Abuse

All commodity products related business example Palm Oil, Steel, aluminum, tin, O&G, poultry is cyclical. talking bad of gloves alike taking bad of palm oil business.

Posted by kk7198 > 2021-01-09 14:51 | Report Abuse

Wow! Calvin Sifu, you managed to sell Supermax at RM24.44.I did sell at around RM 20.00 and bought back recently. Now I am heavily in gloves. I have all the top 4 gloves. I will still keep Harta n Topglove post pandemic. The rest will switch to SOP.Thank you for your advice.

Posted by Gabriel Khoo > 2021-01-09 14:55 | Report Abuse

KUALA LUMPUR (Jan 9): Exports of Malaysian palm oil products for December rose 20.35% to 1,709,084 tonnes from 1,420,103 tonnes shipped during November, independent inspection company AmSpec Agri Malaysia said last week.

Posted by 5877max > 2021-01-10 11:33 |

Post removed.Why?

Posted by calvintaneng > 2021-01-10 22:12 |

Post removed.Why?

Posted by enning22 > 2021-01-11 08:30 | Report Abuse

在美豆延续强势且国内豆油去库态势良好的同时，马棕在超低库存预期下表现也同样给力。主流机构预计马棕12月产量环比降12%左右至131-132万吨，同期出口环比增15%-18%至150-153万吨，月末库存降至120万吨左右的历史超低水平。而按季节性规律，未来2-3个月马棕库存有望继续回落，超紧张供应支撑其报价强劲。此外，疫情引发新一轮的限制，马来种植园禁止招聘外来劳工的禁令被进一步延长，行动限制令区域继续扩大，且部分区域因降雨过多引发洪涝阻碍收割运输，令市场对一季度供应恢复的预期被削弱。 虽然印尼的供应相对宽松，但在高额的出口税费下，报价也难出现大幅下调。印尼刚刚才把毛棕榈油出口关税从12月的33美元/吨上调至1月的74美元/吨，出口附加税从12月的180美元/吨升至225美元/吨。在当前印尼棕榈油报价因高额的出口税费仍升水马来报价的情况下，马棕的超紧张供应给予产地报价较强支撑，并令国内棕榈油进口利润进一步倒挂。 虽然后半周来自印尼及马来推迟生柴掺混计划的消息对市场情绪形成一定利空打压，但市场其实对印尼推迟B40早有预期，且该影响更多在于远月。在国内一季度买船不足的情况下，当务之急仍是解决棕榈油进口利润如何打开的问题。在产地报价偏强的背景下，通过连盘或基差上涨来修复概率较大，现货高升水的情况下，也赋予了连盘棕榈油下方较强的支撑。

Posted by winlast > 2021-01-11 11:20 | Report Abuse

sop moving up to RM 4.50 soon
cheers

Posted by Jonathan Keung > 2021-01-11 20:17 | Report Abuse

Calvintaneng - puzzled plantation stocks never play up like gloves counters { despite price was at their 7-8 years for the past 6-7 months } riding on worldwide firm demand for soft commodities esp SBO, Corn , wheat and palm oil. commodities bull still in sleeping mode