Posted by Jonathan Keung > 2021-03-17 10:02 | Report Abuse

latest planters Qtr result showed higher profit upside earnings. treble in some cases

Posted by calvintaneng > 2021-03-17 11:14 | Report Abuse

SOP is a good company with strong fundamental

Should be better than Sarawak plant

Go for SOP better

Posted by calvintaneng > 2021-03-17 11:16 | Report Abuse

Today Timecom is giving 2 bonus issue for one

SOP should give free bonus issue likewise

Posted by Plantermen > 2021-03-18 07:51 | Report Abuse

Calvintaneng :yup their balanced sheet certainly have the reserves. If not 1:1 bonus at least a reward for the suffering shareholders either a share split plus a bonus issue of 1 for 2 held

Posted by selesa2020 > 2021-03-18 16:58 | Report Abuse

Dream on man...

Posted by Johnzhang > 2021-03-18 17:43 | Report Abuse

I prefer they raise the Dividend instead. Should at least pay $0.20 special dividend lah...

Posted by calvintaneng > 2021-03-21 23:44 | Report Abuse

SARAWAK Oil Palm

Rock solid company

Coming months fresh fruit bunches should florish and multiply and Profits should explode upward with Cpo above Rm3500 to Rm4000 a ton

The Sop is now very under rated

Posted by bluered > 2021-03-22 11:17 | Report Abuse

est to make profit 1.2 b yr 2021

Posted by bluered > 2021-03-22 11:27 | Report Abuse

i guess future wil hit 8.00 for this company.

Posted by Gabriel Khoo > 2021-03-22 22:08 | Report Abuse

Bonus only can drive the price

Posted by Jonathan Keung > 2021-03-23 09:59 | Report Abuse

Our local players only wants bonus shares or free warrants. Other things comes second. SOP board reading this .please announced bonus proposal

Posted by calvintaneng > 2021-03-23 13:51 | Report Abuse

SOP is now offering more value than Sarawak Plant

Posted by Jonathan Keung > 2021-03-23 18:02 | Report Abuse

SOP has the reserve and balanced sheet { unexpected bonus shares } like glove producers

Posted by Gabriel Khoo > 2021-03-28 20:53 | Report Abuse

palm oil price will be supported by sustainable high soybean oil price (by us government).

Posted by Gabriel Khoo > 2021-03-29 12:39 | Report Abuse

https://www.klsescreener.com/v2/news/view/808437

The good for sop they wanted this for so long

Posted by Gabriel Khoo > 2021-03-30 08:49 | Report Abuse

According to industry observers, the potential beneficiaries include Sime Darby Plantation Bhd, Sarawak Oil Palms Bhd, United Plantations Bhd, Carotino Sdn Bhd, a subsidiary of Johor-based JC Chang Group and Harvist by Profes Lipid Sdn Bhd.

Posted by Gabriel Khoo > 2021-03-30 09:06 | Report Abuse

https://www.klsescreener.com/v2/news/view/808921

Posted by calvintaneng > 2021-04-01 15:14 | Report Abuse

TOP 10 REASONS WHY PALM OIL WILL GO INTO A MULTI YEAR BULL RUN SOON, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-04-01-story-h1543104260-TOP_10_REASONS_WHY_PALM_OIL_WILL_GO_INTO_A_MULTI_YEAR_BULL_RUN_SOON_Cal.jsp

Posted by Jonathan Keung > 2021-04-06 19:44 | Report Abuse

CPO prices turbo charging but plantation counters running with one leg

Posted by bwho > 2021-04-06 20:05 | Report Abuse

even thought CPO is at super high but none of the plantation counter post super profits hopefully this coming MAY reporting seasons they can gives us suprise

Posted by valuewood11 > 2021-04-14 20:52 | Report Abuse

why dropping?

Posted by calvintaneng > 2021-04-21 12:43 | Report Abuse

SOP is grossly undervalue

At peak SOP can reach Rm10.00 a share

Now SOP very cheap just buy

and hold tight all thru the happy boom months of 2021

Posted by Gabriel Khoo > 2021-04-21 17:26 | Report Abuse

World Bank expects palm oil price at $975/mt in 2021

Palm oil to stay above $900/mt mark till 2025 at least

Analysts forecast palm oil prices to fall to $800 levels by June, 2021

Posted by Gabriel Khoo > 2021-04-21 17:26 | Report Abuse

https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/042121-world-bank-hikes-price-forecast-for-vegetable-oils-on-supply-shortfall

Posted by Johnzhang > 2021-04-22 17:46 | Report Abuse

Those local analysts from investment banks are analysts working from office . They are not people who indulge or work in the industry and hence don't really know much.

Posted by Gabriel Khoo > 2021-04-30 10:13 | Report Abuse

OTHERS PROPOSED ACQUISITION OF THE REMAINING 40.0% EQUITY INTEREST NOT ALREADY HELD BY SOPB IN SOP PLANTATIONS (SABAJU) SDN. BHD. (SOP SABAJU) FROM SHIN YANG HOLDING SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM45.880 MILLION (PROPOSED ACQUISITION)

Posted by Gabriel Khoo > 2021-04-30 20:36 | Report Abuse

not a bad deal, its a earnings accretion

Posted by Johnzhang > 2021-05-04 06:48 | Report Abuse

CPO 3/1/20 =$3000 , 3/5/21 =$4600
Sop 3/1/20 =$4.11. 3/5/21 =$3.83
Make sense ??

Posted by Gabriel Khoo > 2021-05-04 16:04 | Report Abuse

Sarawak Oil Palm (SOP MK)
Sells More In The Spot Market; Benefits From High CPO Prices
SOP has submitted relevant documentation to recruit foreign workers to overcome the
current labour shortage. As the only biodiesel supplier in the Sarawak region, SOP has
completed its biodiesel capacity expansion in expectation of full implementation of the
B20 biodiesel programme in Malaysia. As a pure Malaysia plantation player, SOP has
stopped forward selling so it will benefit from the high CPO prices. Maintain BUY.
Target price: RM4.75.
WHAT’S NEW
• Is the labour shortage over? Sarawak Oil Palm (SOP) has submitted relevant
documentation to the authorities to recruit foreign workers. Besides, incentives have been
given to the existing labour to retain them. According to our channel checks, plantation
companies are allowed to bring back labour with the approval of the relevant authorities. All
COVID-19-related expenses for the labour have to be borne by SOP (estimated cost is
RM2m-3m for 2021). SOP said if the process to recruit labour is approved, this would reduce
the labour shortage from 30% to below 20%.
• Biodiesel capacity expansion. SOP is the only biodiesel supplier in the Sarawak region.
Most of Malaysia’s biodiesel is B10 biodiesel, and B20 biodiesel is available only in certain
regions as the B20 biodiesel programme has been delayed due to the COVID-19 pandemic.
SOP expanded its biodiesel capacity in 2020 from 300,000 tonnes to 600,000 tonnes with
the expectation of full implementation of the B20 biodiesel programme in Malaysia. With the
new capacity, SOP’s biodiesel plant utilisation rate is at 40-50% (before expansion the
utilisation rate was 100% with full supply going for local blending).
• Acquisition of remaining 40% equity in SOP Sabaju. SOP has entered into a conditional
share sale agreement with Shin Yang Holding for the proposed acquisition with RM45.88m
cash, or RM42,000/planted ha. We deem that this is fair compared with earlier transactions
in the region. The proposed acquisition is expected to improve SOP’s age profile as SOP
Plantations (Sabaju) - SOP Sabaju - consists of young mature oil palms aged 11 years. The
purchase consideration will be funded internally, accounting for only about 7% of its total
cash. The proposed acquisition is expected to be completed in 2Q21.

Posted by Gabriel Khoo > 2021-05-04 16:04 | Report Abuse

• 2021 outlook − We expect SOP earnings to increase 13% yoy for 2021 on the back of:
a) Upstream operation continuing to benefit… Management guided FFB production for
2021 at 1.45m tonnes (7% yoy FFB production growth), taking into consideration the
labour shortage. Assuming SOP is able to bring in more foreign workers this year, there
will be more upside in its FFB production. But we remain conservative factoring in 4% yoy
FFB production growth for 2021. We expect higher yoy earnings from the upstream
operation, leveraging on high palm oil product prices. Besides, SOP guided that the group
had stopped forward sales and there is some carry forward sales volume from late-20
(<25% of 2020 total production) which will be committed in 2021.
b) …but partially mitigated by higher cost of production. The cost of production is
expected to be higher yoy in 2021 mainly due to harvesting costs and additional
incentives to retain workers. Besides, fertiliser costs have increased significantly due to
the rising prices of raw materials. Management guided that SOP managed to secure its
1H volume where prices were flat yoy, but 2H21 fertiliser prices should be higher yoy.
c) Lower margins for downstream operations. We expect lower downstream margins for
2021, mainly due to higher feedstock prices. We expect the 1H21 performance to be
satisfactory supported by SOP’s strategy in terms of timeliness of delivery of products.
EARNINGS REVISION/RISK
• Maintain earnings forecast. We maintain our earnings forecasts for 2021-23F at RM244m,
RM163m and RM175m respectively.
• Assuming CPO price assumption of RM3,500/tonne, SOP’s earnings will increase by
32%.
VALUATION/RECOMMENDATION
• Maintain BUY with a target price of RM4.75, based on 11x 2021F PE, or -1SD of the
stock’s five-year mean.
SHARE PRICE CATALYST
• Higher-than-expected CPO prices.
• Higher-than-expected FFB production and yield.

Posted by Gabriel Khoo > 2021-05-04 16:05 | Report Abuse

From UOB

Posted by stockraider > 2021-05-04 16:05 | Report Abuse

Time to be a little bit more contraian in view of mkt at reasonable high level mah!

Warren buffet says inflation is definitely coming in view of low interest interest and speculative sign such as bitcoin, rubbish stock price run up sky high and unrealistic stock valuation & expectation and now raw commodities price run up mah!

Bill Gates already bought alot of farmland at low in preparation & in anticipation for the coming armmagedoom coming mah!
Why would one the world tech best richest owner switch alot of his investment into farmland, this bcos farmland or value real estate if it is bought at reasonable low price, u cannot go wrong over longterm bcos the availability of land is limited, u cannot manufacture land like bitcoin mah!

Coming back to msia the equivalent to farmland is oil plantation, u still can get it real cheap & it is paying u reasonably good dividend loh...this is the best defensive & offensive play like bill gates and warren buffet had highlighted mah!


As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to plantation & timber share price mah!

But this up 1 to 2 sen is chicken feed mah, why up so little leh ??

Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah!
Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!!
That means if u base on profit...as indicator that means the share price will be lagging loh!

Then why promote Wtk leh ??
1. The owner , directors and insiders already accumulating quietly without fanfare mah!
2. The palmoil & timber production volume of wtk, mhc, jtiasa, boustead, ijm plant already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah!
3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh!
4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah!
5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!

Based on the above i think wtk , jayatiasa & ijmplant is the best pick to make profit & this is concur by sifu calvin findings also mah!

Posted by Jonathan Keung > 2021-05-04 19:51 | Report Abuse

SOP in a sweet spot with their oil plan plantings plus forestry . the price breakout needs to be sustain and sweetened with a special dividend or bonus shares { which SOP has the reserve }

Posted by Mabel > 2021-05-04 23:13 | Report Abuse

Another new record closing for May 2021 FCPO future at RM4,620 from yesterday record of RM4,600...up another RM20.00

What a powerful up trending bull!

Beow Beow Beow!!!

Posted by Jonathan Keung > 2021-05-05 10:41 | Report Abuse

Yup. SBO , Corn oils and other soft oils trending higher. Dryness in key planting areas in the US and Brazil will lift & bolster support

Posted by Johnzhang > 2021-05-06 09:31 | Report Abuse

Shit BOD and senior Management! Make 35 sen pay 6 sen dividend only ! Take investors for a ride .

Posted by Johnzhang > 2021-05-06 13:35 | Report Abuse

I think it is ok to retain 50% for investment and pay 50% as dividend especially the cashflow in the next 2 financial years is going to be very strong. 6 sen is only 1.5% dividend yield ! I have no respect for leadership and the BOD who don't look after the interest of the general investing public.

Posted by Johnzhang > 2021-05-06 17:06 | Report Abuse

many local analysts know nothing about CPO market dynamic and yet making forecast from thin air. Since months ago they predicted CPO to plunge from March /Apr due to increasing production. Instead of plunging CPO is surging . They still refuse to eat their humble pie and continue to cast doubt on the strength of CPO and continue to work with the media to highlight only the negatives. Seriously lack of professionalism!

Posted by Jonathan Keung > 2021-05-06 17:47 | Report Abuse

BMD may CPO hit 4700+

Posted by Johnzhang > 2021-05-07 10:19 | Report Abuse

Mispricing is deliberately done ?
When all the sign point to robust Agri commodity market,. CIMB caution mixed signals on CPO (in star paper)!

Posted by Jonathan Keung > 2021-05-07 10:31 | Report Abuse

SBO , Corn , Wheat all hitting new high .Biden expected to announce additional pro farmers policy. Mid west important battle ground betw GOP and democrats. CPO tailing other soft oils

Posted by Jonathan Keung > 2021-05-07 13:57 | Report Abuse

BMD today May Cpo contract hit $4,850 per ton

Posted by Jack888 > 2021-05-10 15:43 | Report Abuse

Buy more...

Posted by Johnzhang > 2021-05-10 18:01 | Report Abuse

Failing to reward shareholders with decent dividend,. will SOP reward shareholders with bonus share by capitalizing the huge reserve? Minorities who attend the AGm must press on this issue .

Posted by Jonathan Keung > 2021-05-10 18:07 | Report Abuse

Yes.totally agreed. With their reserve in their books SOP can reward their shareholders with a bonus offer. MSWG must question and press the Board

Posted by Johnzhang > 2021-05-10 22:32 | Report Abuse

Surveyor ITS hg as justed reported that export volume for May 1-10 is 30% higher than same period last month. Export demand remain very strong

Posted by calvintaneng > 2021-05-11 23:17 | Report Abuse

SOP IS UNDER RATED

SHOULD AT LEAST GO UP 100% FROM HERE TO REACH RM8.00

TWO POWERFUL FACTORS WHY PALM OIL BULL RUN CAN LAST MUCH LONGER THIS ROUND, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-11-story-h1565030522-TWO_POWERFUL_FACTORS_WHY_PALM_OIL_BULL_RUN_CAN_LAST_MUCH_LONGER_THIS_RO.jsp

Posted by Gabriel Khoo > 2021-05-12 11:54 | Report Abuse

MIB 2700 222
BIMB 3000 320

Posted by Plantermen > 2021-05-12 13:29 | Report Abuse

This group of armchair analyst's are still sticking to their 2021 pricing forecast of 2,800 per tonne { citing their own reasons.} First 5 months {Year 2021}average traded price have already surpassed their price assumption by 30%-40% depending on what angle you are looking. Jan {$3,748} Feb{$3,895} Mar{$4,041} April {$4,220} May { 4,500 - 4,800} Corn and SBO is on solid uptrend. US Corn per bushel is at 7.00 { Whereas China domestic price is at 10.00} China will continue to up their corn purchases. This is just a clear example where commodities is heading whether it translate into the stock Prices? Is anybody guess

Posted by Johnzhang > 2021-05-12 13:40 | Report Abuse

The analysts are simply in denial mode and lack of professionalism! The SBo premium is growing wider against Palm oil . That means Palm oil remain very competitive at today's level. Unless the analysts expect soya to plunge , Cpo well above $4,000 is sustainable for this year and perhaps even next 2 years . Are the analysts missing this point totally?