SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

2.93

Today's Change

+0.11 (3.90%)

Day's Change

2.85 - 2.93

Trading Volume

542,300


7 people like this.

3,356 comment(s). Last comment by goldenhope 2 days ago

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-29 08:52 |

Post removed.Why?

Plantermen

2,203 posts

Posted by Plantermen > 2021-07-29 11:42 | Report Abuse

Yes. Export value for palms much higher thanks to better CPO prices. But SOP still struggling and lethargic

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-07-30 07:51 | Report Abuse

The time has come for SOP to perform

Many happy returns

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-30 08:53 |

Post removed.Why?

Mabel

23,718 posts

Posted by Mabel > 2021-08-02 09:31 | Report Abuse

Today Top up 500 SOP shares

Meow Meow Meow

selesa2020

269 posts

Posted by selesa2020 > 2021-08-13 17:28 | Report Abuse

Got show coming

selesa2020

269 posts

Posted by selesa2020 > 2021-08-13 17:28 | Report Abuse

???

ValueMe

176 posts

Posted by ValueMe > 2021-08-23 11:20 | Report Abuse

This palm oil stock is one of the worst performing compared to its peers.The others ad flying this one sleeping.Dividen so low like their face.

Posted by Jonathan Keung > 2021-08-23 20:39 | Report Abuse

Low volume too

thesteward

6,781 posts

Posted by thesteward > 2021-08-26 19:57 | Report Abuse

Super undervalue . Even if goto rm4.5 still undervalue

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-08-26 20:02 | Report Abuse

SOP FANTASTIC RESULT ANOTHER STRONG CONFIRMATION OF THE UPCOMING PALM OIL SUPERBULL TREND IS HERE!!!

thesteward

6,781 posts

Posted by thesteward > 2021-08-26 20:26 | Report Abuse

Year high rm4.44 . This q all time high profit n revenue.

Johnzhang

3,095 posts

Posted by Johnzhang > 2021-08-26 20:40 | Report Abuse

1H2021 EPS is 31sen. Full year 2021 EPS may be above 60 sen.

thesteward

6,781 posts

Posted by thesteward > 2021-08-26 20:44 | Report Abuse

……despite ………restriction during lockdown ….

Posted by Jonathan Keung > 2021-08-30 16:18 | Report Abuse

Closed at day low ?

enning22

2,898 posts

Posted by enning22 > 2021-09-07 10:39 | Report Abuse

high palm oil price in world market will continue for few years at least ,or may be for long long time , due to Covid problem which causes labor shortage in many oil producing countries , e.g ,Indomesia, malaysia, US, Brazil and Argentine.China may import more palm oil , and buy less more expansive soya bean oil.

selesa2020

269 posts

Posted by selesa2020 > 2021-09-07 10:52 | Report Abuse

Ya, ya, expect production to dwindle in coming months, due to extreme shortage of manpower and fertilizers.

selesa2020

269 posts

Posted by selesa2020 > 2021-09-07 10:53 | Report Abuse

Many ripen crops will left abandon too, or put it bluntly, extending harvesting rounds.

enning22

2,898 posts

Posted by enning22 > 2021-09-07 16:24 | Report Abuse

swkplnt today up 18 sen,while SOP only gains 4 sen, what a diffenrent scenario,

Posted by Gabriel Khoo > 2021-09-07 17:17 | Report Abuse

What to do enning22.

Posted by Gabriel Khoo > 2021-09-07 19:45 | Report Abuse

Sarawak plantation no where near SOP. SOP is an intergrated plantation company. When CPO hit 2900 3000 theu can still make 250M and above. Looking at this number. SOP is rank no 6 in plantatiom industry. So its about whether who want to drive this stock price

Johnzhang

3,095 posts

Posted by Johnzhang > 2021-09-08 21:27 | Report Abuse

CPO Sept surged above $4,700. Good future prices into 2022!

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-09 23:22 | Report Abuse

SARAWAK OIL PALM (5126) Why is it in Calvin Tan Research's Investment Radar? Top 5 Factors You Should Know About SOP Great Potential

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-09-story-h1571466221-SARAWAK_OIL_PALM_5126_Why_is_it_in_Calvin_Tan_Research_s_Investment_Rad.jsp

Posted by Jonathan Keung > 2021-09-10 06:17 | Report Abuse

Well cover subject by calvintaneng on SOP but the bottom line SOP shares underperform and failed to excite investor.the question why ?

Johnzhang

3,095 posts

Posted by Johnzhang > 2021-09-10 08:02 | Report Abuse

SOP lower share price is simply because of the ‘kedekut’ management paying crumbs (dividend) despite good earnings.

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-10 08:38 | Report Abuse

MERRIS RED PALM OIL PRODUCT OF SOP IS SOLD OUT IN SINGAPORE!!

See

https://shopee.sg/2xMerris-Classic-Red-Palm-Oil-500ML-i.215803150.5056088525

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-11 22:24 | Report Abuse

SARAWAK OIL PALM (SOP) (5126) ITS TOP HOLDERS; SUPERIOR EDGE & POTENTIAL DURING PALM OIL BULL CYCLE, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-11-story-h1571497004-SARAWAK_OIL_PALM_SOP_ITS_TOP_HOLDERS_SUPERIOR_EDGE_POTENTIAL_DURING_PAL.jsp

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-11 22:56 | Report Abuse

SOP VERSUS WIDETEC : PALM OIL VERSUS TECH: Compare & Contrast Their Earnings & Share Price, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-11-story-h1571497067-SOP_VERSUS_WIDETEC_PALM_OIL_VERSUS_TECH_Compare_Contrast_Their_Earnings.jsp

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-12 19:02 | Report Abuse

RED PALM OIL(HEALTHY: HIGH PRICE & HIGHLY PROFITABLE: SARAWAK OIL PALM (SOP) INSIDER BULLISH ON RED PALM OIL ENTERING CHINA, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-12-story-h1571499885-RED_PALM_OIL_HEALTHY_HIGH_PRICE_HIGHLY_PROFITABLE_SARAWAK_OIL_PALM_SOP_.jsp

Posted by Gabriel Khoo > 2021-09-13 11:20 | Report Abuse

In a solid balance sheet
position
Undervalued. BUY!
While SOP has revised down its FFB output guidance for FY21E, it is still
anticipating better HoH output in 2H21. And SOP will likely continue to
enjoy the high CPO ASP thus far in 2H21 given its minimal forward sales.
We are keeping our earnings forecasts, and TP of MYR5.80 on unchanged
14x FY22E PER peg, its 5Y mean. It trades at just 8x FY21E PER and
unadjusted EV/ha of MYR28,000 (near replacement cost). BUY.
Briefing takeaways
We hosted a briefing for SOP last week. Key takeaways: (1) SOP has
minimal forward sales. It will continue to reap the benefits of high spot
CPO prices presently; (2) FY21E’s FFB output target is now revised down
to 1.25m-1.30mt (MKE: 1.32mt) from 1.40mt due to shortage of
harvesters. This revised forecast translates to 1H:2H output ratio of 47-
49:51-53; (3) Overall, SOP is experiencing a 30-35% shortage in workers;
(4) It has decided to stop its replanting plan for 2021 (2020: 419 ha) to
capture the high CPO ASP; (5) SOP expects to be in a net cash position by
year end (June-21: 6% net gearing); (6) With improving balance sheet
and limited capex planned (FY21E: MYR100m-150m), it will likely
establish a dividend policy soon to reward shareholders; (7) Downstream
margins will be more challenging in 2H21 compared to 1H21.
Major shareholder has further raised its stake to 46%
SOP’s major shareholder, the Shin Yang Group, has further raised its
stake to 46.4% in Apr 2021 (May 2020: 45.3%; Mar 2019: 43.3%) whereas
the State Government of Sarawak has maintained its 2nd spot at 28%.
SOP is clearly undervalued
Although we doubt there is any impending plan to privatise SOP, the
gradual accumulation of stocks by the major shareholder is a testament
of SOP’s undervaluation. We believe the formulation of a generous
dividend policy will help to re-rate SOP’s equity value over time. The
market is currently attaching zero value for the property development
potential of its 4,858ha Taniku Estate, located at the fringe of Miri city.

Posted by Jonathan Keung > 2021-09-13 11:23 | Report Abuse

Sop always shrimp on dividend. BOD need to increase their dividend pay out

Posted by Gabriel Khoo > 2021-09-13 18:06 | Report Abuse

Shared the reporr link in klsescreener. Tq

DickyMe

14,698 posts

Posted by DickyMe > 2021-09-13 18:58 |

Post removed.Why?

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-13 23:48 | Report Abuse

SOP made a net profit of Rm98 millions in cash

So Rm14 million to purchase price land is a correct move

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-13 23:49 | Report Abuse

Rm98 million profit is for Aug 2021

November result should be the same great profit or even better

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-14 08:24 | Report Abuse

PALM OIL THE GOLDEN CROP: 1) ABUNDANT HARVEST. 2) HIGH DEMAND FESTIVE SEASON...3) EXCELLENT PRICES : GIVES A BRIGHTENING OUTLOOK, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-14-story-h1571526790-PALM_OIL_THE_GOLDEN_CROP_1_ABUNDANT_HARVEST_2_HIGH_DEMAND_FESTIVE_SEASO.jsp


SOP IS AMONG THE TOP BEST BARGAIN NOW!!

Posted by Jonathan Keung > 2021-09-14 11:23 | Report Abuse

Hardly moves

Tiger66

1,902 posts

Posted by Tiger66 > 2021-09-14 11:58 | Report Abuse

harn len drop more than 30% end of the road...

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-14 12:58 | Report Abuse

Yes SOP hardly move so can buy more

Harnlen already up too high so going down is normal

ALWAYS BUY WHEN PRICE IS CHEAP & FULL OF VALUE

AVOID CHASING WHEN HOT & STAY SAFE

Tiger66

1,902 posts

Posted by Tiger66 > 2021-09-14 14:49 | Report Abuse

Continue in denial ==== Widetec go up 6% > SOP down 1.4%

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-14 16:38 | Report Abuse

Price is what you pay and value is what you get

If you overpay for rubbish one day you will wake up

We only buy real treasure on offer

Tiger66

1,902 posts

Posted by Tiger66 > 2021-09-14 22:25 | Report Abuse

715 counters drop vs 339 counters up. widetec in 4 days increase 35% = take profit. Convert rubbish into money. SOP going into consolidation from now. (Fund are flowing out and going down trend, MACD dead cross, OBV down, RSI 9,14 down below 50% ). No matter angle you look at it SOP going into cold storage.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2021-09-15 18:25 | Report Abuse

@calvintaneng..harnlen also palm oil company.your comments pls. Tq

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-16 21:10 | Report Abuse

Jutawan

The price rise of harnlen is not justified by earnings

See

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3170961

That is why it should come down again

ValueMe

176 posts

Posted by ValueMe > 2021-09-18 15:03 | Report Abuse

CPO up but SOP sleeping.Another con stock.

calvintaneng

56,156 posts

Posted by calvintaneng > 2021-09-19 21:05 | Report Abuse

Just buy as factors getting more bright

Kgb helping set up factory in Kuching will spur Condo sale of Sop

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