Posted by probability > 2017-02-03 00:56 | Report Abuse

https://www.youtube.com/watch?v=giS41utjlbU

it will be very cheap soon.

Posted by probability > 2017-02-03 18:33 | Report Abuse

Palm Oil, already the highest yield vegetable oil per acre................ has tremendous potential to become even more competitive with costs reduction via automation.

Soybean oil can only survive (with a premium) for a while with its bullshit theories on health impacts of palm oil and forest devastation and sympathy towards wildlife.

Its simple so clear that we can use 'these machines' to pick up the fruits and place into the trucks collecting for the ram or mills.

I think if all these plantation giants really want...they can economically implement these within a year.

This will actually cause smallholders of land lose their competitive advantage over the large plantation companies.

Posted by probability > 2017-02-04 01:18 | Report Abuse

https://www.youtube.com/watch?v=QHH3iSeDBLo

luks like we are already there..to built a robot like Wall-E to work day and night at the plantations.

The fruits will be harvested precisely at the right level of ripeness...and it wont drop a single seed on the floor.

Posted by probability > 2017-02-04 15:59 | Report Abuse

https://www.youtube.com/watch?v=YnDZMg-DQbQ

Posted by enning22 > 2017-02-07 14:58 | Report Abuse

Target price is rm5 -rm6, anybody disagree??

Posted by enning22 > 2017-02-08 11:49 | Report Abuse

export market , cpo is currently trading at rm3300, as compare to last year rm 2600, and a year before that ,at rm 2000.

Posted by probability > 2017-02-08 16:39 | Report Abuse

if very slowly touch the lid - at 4.0....then we can expect it to be blasted open

Posted by enning22 > 2017-02-08 20:39 | Report Abuse

it is unstoppable!

Posted by probability > 2017-02-09 20:46 | Report Abuse

i remember SOP bought a 1500TPD refinery 6 years back.
even if their margin improved by RM 100 per ton of oil processed, that translates to:

(1500 ton/day) x (30 day/mth) x (3 months/qtr) x (RM 100/ton) = 13.5 Million profit/qtr (EXTRA)

Posted by probability > 2017-02-09 21:34 | Report Abuse

http://www.sop.com.my/?p=152

my memory is right...just that it had been commissioned later in 2012 after delivery and installation.

Posted by probability > 2017-02-09 21:36 | Report Abuse

http://www.sop.com.my/?page_id=56

SOPB Group is highly committed to strengthening its future prospects by materializing its vision of becoming a Sarawak-based fully integrated oil palm plantation company. The design capacity of our Physical Refinery and Fractionation Plant is 1500 metric tonnes per day.

SOP Edible Oils Sdn. Bhd. specializes in the refining of Crude Palm Oil (CPO) and crushing of Palm Kernels into Refined, Bleached and Deodorised (RBD) Palm Oil, RBD Olein, RBD Stearin and Palm Fatty Acid Distillate (PFAD), Palm Kernel Expellers and Crude Palm Kernel Oil (CPKO).

SOP Nutraceuticals Sdn Bhd offers Tocotrienols in four forms; Oil-based concentrates, soft-gel capsules, powdered forms and Nano emulsions. Besides Tocotrienols, SOP Nutraceuticals also produces palm beta carotene.

The Kernel Crushing Plant which is located in Kidurong Industrial Estate Area, Bintulu, Sarawak has a design capacity of 500 metric tonnes per day.

Posted by enning22 > 2017-02-10 10:34 | Report Abuse

old news for reference only

砂拉越油棕8.73亿全购SYOP

2016年7月6日
（吉隆坡5日讯）砂拉越油棕（SOP，5126，主板种植股）斥资8亿7300万5875令吉，全购升阳棕油（砂拉越）私人有限公司（SYOP）的股权和债务。

根据文告，砂拉越油棕昨日和卖方升阳控股（Shin Yang），签署有条件股权买卖协议。

该公司以2亿8443万2417令吉收购SYOP的全数股权，同时，再以5亿8857万3458令吉支付SYOP拖欠升阳林业的债务，因此总收购价达8亿7300万5875令吉。

配合收购活动，砂拉越油棕建议7配2的比例认购，配售最多1亿2775万6817新股，作为收购计划的部分融资，以及提升该股在市场的流通。

假设参阅售价每股2.80令吉，最高可筹获3亿5772万令吉，作为融资部份收购资金。

该公司指出，这项收购计划符合公司通过在砂州购地，持续扩大原棕油种植业务。

SYOP在砂州拥有4万7000公顷的地库，包括2万3798公顷的棕油种植地和6772公顷的种植地。

这项收购计划将加速公司的上游拓展，同时一旦完成收购，将公司旗下的总地库大幅扩大65%，至11万9653公顷，其中种植面积提升37%，至8万7315公顷。

该公司计划通过附加股融资、银行贷款及内部资金融资，估计在今年末季可完成收购。

今日闭市时，砂拉越油棕收报3.90令吉，跌25仙或6.02%，成交量达22万5000股。

每股盈利稀释19%

另一方面，马银行投行分析员分析员粗略估算，该公司通过发行附加股和银行贷款进行的收购交易，促使2017财年的每股盈利或稀释最高19%。

在估值方面，分析员相信种植园的每公顷企业价值（EV）3万4000令吉相当合理。

“尽管我们看好该公司收购幼龄树的种植地，不过发行附加股带来的潜在短期每股盈利稀释，恐会限制该股的上涨空间。”

有鉴于此，分析员将“买入”的评级下修至“守住”，暂维持5.28令吉的目标价不变。

http://www.enanyang.my/wp-content/uploads/contentdir/image/65910/160706x1104.jpg

Posted by enning22 > 2017-02-10 11:46 | Report Abuse

2017 to 2018 palm price average forecast
----------------------------------------------------
BMI 2600 - 2500
cimb 2600
Fitch rating $660 usd
hong Leong Investment Bank 2500
Indonesia Oil Palm Research Institute $810 usd
Kenanga Investment Bank 2550
Kwantas Oil 2700 to 2200
MIDF research 2725
Nomura Global research 2800 - 2850
Public Investment Bank 2600
Rabobank 2050 - 2800
Shanghai JC Intelligence Co 2600 -3,300
Sunvin Group 2,900
TA Securities 2,700
Median 2650

High 2,900
Low 2,550 2,200
2015 average 2,275
2016 average 2,741
*denotes a range given for 2017 average prices

Posted by probability > 2017-02-10 14:26 | Report Abuse

Thanks for sharing enning22....

wah! Land increase from 47,000 to 119,653 hectares (65%!) and...with earnings dilution of 19%? That seem too good to be true! Is that correct?

and they are acquiring 66,653 hectares with 873 million?
that is like RM5k per acre??

Am i missing something here...i cant read chinese. Please confirm.

Sarawak oil palms 873 million purchase SYOP



The July 6, 2016

(5th, Kuala Lumpur) Sarawak oil palms (SOP,5126, motherboard plantation stocks) invested 873,005,875 million, buy Sun Tan oil (Sarawak) Sdn Bhd (SYOP) equity and debt.

According to the statement, Sarawak oil palms, and the seller yesterday Sun holdings (Shin Yang), signed a conditional share sale agreement.

The full ownership of the company to acquire SYOP 284,432,417, at the same time and then pay SYOP 588,573,458 forestry debt owed to Sun, so that the total purchase price of 873,005,875 million.

Combined with acquisitions, Sarawak oil palms recommendation 7 with 2 subscribe, placing up to 127,756,817 new shares as part of the acquisition financing and enhance the circulation of shares on the market.

Assumptions refer to the price of 2.80 ringgit per share, the maximum raise 357.72 million ringgit, as the financing part of the purchase funds.

The company noted that this acquisition is consistent with the company through the State land purchases in sand, cultivating original continues to expand palm oil business.

SYOP sand States has 47,000 hectares of land, including 23,798 hectares of palm oil grown and 6772 hectares of cultivated land.

This acquisition will accelerate the company's upstream development, and once the acquisition is completed, will significantly expand the company's total library 65%, to 119,653 hectares, where planted area increased by 37%, to 87,315 hectares.

The company plans additional equity financing, bank loans and internal funds, estimated to be completed by the last quarter of this year to buy.

Closed today, Sarawak oil palms at 3.90 ringgit, fell 25 cents, or 6.02%, over 225,000 shares changing hands.

Diluted earnings per share 19%

The other hand, Bank analyst at the Investment Bank analyst Ma rough estimate, through the issuance of additional shares of the company and a bank loan for acquisition, fiscal year 2017 or dilution in earnings per share of up to 19%.

In terms of valuation, analysts believe enterprise value per hectare of plantation (EV) 34,000 ringgit is quite reasonable.

"While we are optimistic about the company's acquisition of young trees planted, but issuing additional shares of the potential short-term dilution in earnings per share probably will limit the upside for the unit. ”

In view of this, the analyst "buy" rating was revised down to "keep", remained the target price of 5.28 million unchanged

Posted by probability > 2017-02-10 14:59 | Report Abuse

Ok, as per LC Chong the present land is at 61,000 hctr matured and 2,500 immatured.

Posted by probability > 2017-02-10 15:03 | Report Abuse

http://www.sop.com.my/?page_id=56

SOP group has increased its oil palm plantations to some 63,000ha, out of a total landbank of more than 72,600ha. Last year, the group planted an additional 3,919ha.

ok...from their website it is 72,600 ha.

Posted by probability > 2017-02-10 15:40 | Report Abuse

enning22..pls confirm what is the current land bank of SOP after SYOP acquisition. If above is true (119,653 hectares)...i think current price is too sexy.

Posted by enning22 > 2017-02-10 16:14 | Report Abuse

the figure is correct.the write up said some plantation lands are located in semi hilly region; the rest is up to you to interprete ,

Posted by enning22 > 2017-02-10 16:31 | Report Abuse

detail can be read from here
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5141829

Posted by probability > 2017-02-12 16:54 | Report Abuse

Actually the 'value addition' of RM100 per ton is extremely realistic - conservative as they have 1500TPD Refinery + PLUS 1500TPD Fractionation....

Each Process has a value addition of its own and i have seen news recently on soaring price if RBD Stearin.. Middle East being large consumer of RBD Olein mainly deal with USD where their currency is pegged - fixed against...

Posted by probability > Feb 9, 2017 08:46 PM | Report Abuse X

i remember SOP bought a 1500TPD refinery 6 years back.
even if their margin improved by RM 100 per ton of oil processed, that translates to:

(1500 ton/day) x (30 day/mth) x (3 months/qtr) x (RM 100/ton) = 13.5 Million profit/qtr (EXTRA)

Posted by oldmanorangtua > 2017-02-12 21:43 | Report Abuse

sop easily pass rm5 lah. last dec earned 50m at that time cpo around 2500 per tons this q i mean this coming q december report cpo price harvest around 3000 ...sure huat lahh .ini cakap orang tua yang berbisa...

Posted by oldmanorangtua > 2017-02-12 21:44 | Report Abuse

i predict net profit of 70m

Posted by oldmanorangtua > 2017-02-12 21:50 | Report Abuse

baru baru ini i check sop hanya ada usd loans yang sikit small amount sahaja but sop sold cpo at usd loh ....got usd currency gain loh. i revise sop net profit to 80m for this coming q result

Posted by Gabriel Khoo > 2017-02-15 14:46 | Report Abuse

The worstime for sop has been gone. Sop quarterly profit is at the uptrend(moving upwards slowly q by q over next few years)

Posted by yfchong > 2017-02-16 16:04 | Report Abuse

This sop is lovely...... Got many rooms.... In terms of oer , ker CPO.........n the capacity...,

Posted by yfchong > 2017-02-16 16:05 | Report Abuse

But the net Margin is typically low... Compared to others... Hectarage sizable

Posted by necro > 2017-02-22 13:26 | Report Abuse

SINGAPORE: Malaysian palm oil futures slid for a fourth consecutive session on Tuesday, hitting their lowest in 15 weeks as expectations of higher production and ample supplies of rival soybean oil weighed on the market.
Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchange closed down 1.7 percent to 2,782 ringgit ($624.4) a tonne by the mid-day break. Earlier in the session, they hit a low 2,777 ringgit, the weakest since Nov. 8.
Traded volumes stood at 73,468 lots of 25 tonnes each at the end of the morning session.
"Production is picking up, which is a bearish signal, and we are seeing plenty of soyoil supplies," said one Kuala Lumpur-based trader.
Palm's fresh fruit yields are still suffering the effects of a crop-damaging El Nino, but expectations of a recovery by the second half of the year are weighing on prices, according to industry analysts.
Exports of Malaysian palm oil products during Feb.1-20 fell 0.8 percent to 733,288 tonnes from 739,367 tonnes shipped a month ago, cargo surveyor Intertek Testing Services said on Monday.
But another cargo surveyor, Societe Generale de Surveillance, said exports during the period rose 1.7 percent to 745,564 tonnes from 733,002 tonnes shipped during Jan. 1-20.

Technicals called for palm oil to rebound. Palm oil is due for a bounce, as suggested by it wave pattern, a falling channel and the hourly RSI, according to Wang Tao, a Reuters market analyst for commodities and energy technicals.
In competing vegetable oils, soybean oil on the Chicago Board of Trade eased 0.6 percent, while the most-active contract for Dalian palm olein fell 0.4 percent.
($1 = 4.4555 ringgit) - Reuters
Read more at http://www.thestar.com.my/business/business-news/2017/02/22/palm-oil-drops-to-15-week-low-on-hopes-of-rising-output/#DQ5zMctf28lftbrh.99

Posted by enning22 > 2017-02-22 18:05 | Report Abuse

(for reference purposeonly)

Wilmar profits soar, as ag prices rally
-------------------------------------------
Asian agriculture giant Wilmar reported a jump in profits, as rising sugar and palm oil prices increase its revenue.

And the company issued an upbeat outlook for 2016, as it eyes opportunities in China.

Wilmar reported a jump in its core profit to $589.50m, up 70% year-on-year in the last three months of 2016.

The rise in profits was driven by better performance across the company, particularly in sugar and palm oil, as well as a one-off tax recognition from the company's Indonesian operations.

Company revenue grew 27% year-on-year, to $11.95bn, which Willmar ascribed to "higher commodity prices and stronger sales volume".

Palm oil, sugar boost

Profits at Wilmar's tropical oils segment soared 94%, thanks to higher crude palm oil prices, and higher oil yields, which outweighed lower palm fruit production due to replanting at the company's plantations.

And Wilmar's sugar business reported a 68% increase in pre-tax profits.

"The milling business delivered an outstanding set of results, helped by higher sugar prices as well as the season extension for milling activities, which led to higher volume of cane crushed."

Profits from the company's oilseed processing, and consumer products segment rose as well.

Chinese opportunities

Kuok Khoon Hong, Wilmar's chairman and chief executive, said "the strong performance in the fourth quarter enabled the group to overcome the losses incurred in the second quarter of the year and achieve satisfactory performance for the full year."

And Mr Kuok was upbeat on prospects, with potential to expand the company's Chinese crushing.

"Looking ahead, the recent lifting of restrictions in China on oilseeds and grains processing on foreign companies is expected to benefit our operations."

Posted by cy91 > 2017-02-24 10:18 | Report Abuse

production low..

Posted by Gabriel Khoo > 2017-02-24 14:04 | Report Abuse

Q4 only incurred 20% of the whole year fertiliser cost (as 1st 9m also incurred 80%), which mean cost will be lower in Q4

Lower production in Q4 will be more than enough to off set by the higher CPO price, which mean the earning shall be higher.

The above just based on the available info.

The Q4 result should be released today.

Posted by cy91 > 2017-02-24 14:56 | Report Abuse

sifu sifu here, buy more or cut lost?

Posted by Gabriel Khoo > 2017-02-24 17:24 | Report Abuse

This share may not suit trader but value investor

Posted by Tom85 > 2017-02-27 11:17 | Report Abuse

no people want buy this counter now. got down no up

Posted by necro > 2017-02-27 17:27 | Report Abuse

Lu sudah kena kencing...

www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5126

Posted by desapalma > 2017-02-27 21:21 | Report Abuse

WoW, this plantation is having -23% as compare to last year. What has happen with higher CPO??

Posted by enning22 > 2017-02-27 22:50 | Report Abuse

with the newly acquired estates in place, the operation expenses have largely increased, but the out-put is rather small from this estate, as the trees are not in matured productive stage.

Posted by PE_10 > 2017-02-28 09:26 | Report Abuse

EPS 7.32 sen. If fair PE 10 TP RM 2.93?

Posted by cy91 > 2017-02-28 20:29 | Report Abuse

how? how? how? sifu sifu sekalian

Posted by enning22 > 2017-03-01 00:56 | Report Abuse

Palm oil producers upbeat on price prospects

Palm oil prices in Malaysia are plumbing multi-month lows, but palm oil groups are striking an optimistic note on price prospects.

The upbeat outlook comes despite recent pressure as the growth of Malaysian exports eases.

On Monday cargo surveyors reported a slowing trend shipments, as SGS said that Malaysian exports rose by 1.3% month on month in the first 25 days of February, below the 1.7% figure seen at the 20-day stage.

And ITS said that exports as of February 25 were running 1.9% lower than a month ago, compared with a 0.8% pace of decline as of February 20.

May palm oil futures in Malaysia closed down 1.8% on Monday, their weakest close since November 15 2016.

El Nino boost

But Tan Sri Dato' Seri Mohd Bakke Salleh, chief executive of the Malaysian palm oil giant Sime Darby on Monday forecast prices to reach 2,900 to 3,000 ringgit a tonne over March and April.

"The (crude palm oil) price increase was mainly driven by an industry-wide production deficit due to the lingering effects of 2015's El Nino weather phenomenon," Sime Darby said in a statement.

And the positive outlook from Sime Darby follows a similar bullish view from the Singapore-listed First Resources, which cited increased demand in Indonesia and elsewhere in emerging markets to support growth.

Rising Indonesian demand

This month the Indonesian Palm Oil Association forecast biodiesel demand in the world's top palm oil exporter to grow by 30 to 40% in 2017, thanks government support, which will reduce exports of crude palm oil.

"Although palm oil prices have moderated in recent weeks, continued low inventories in both producing and importing countries should continue to provide some support to prices," First Resources said.

"In the longer-term, the Indonesian biodiesel mandate and underlying demand growth from emerging markets will continue to underpin the positive outlook of the palm oil industry," First Resources said.

Posted by Gabriel Khoo > 2017-03-02 12:33 | Report Abuse

The current price is very attractive to collect.

Posted by Gabriel Khoo > 2017-03-02 21:21 | Report Abuse

If there a possibility of bonus issue this year? Let''s hope for it. It happens usually after right isuue

Posted by Gabriel Khoo > 2017-03-16 07:50 | Report Abuse

Feb production output very impressive

Posted by enning22 > 2017-03-16 15:32 | Report Abuse

viewing the export market ,it looks like we are going to have another year of reasonable good price for CPO, last quarter SOP report showed high expenditure , then sufficient fertilizers could had been purchased put on the plantation , with higher production figure ,we can assume the coming annual profit figure would increase and up to general expectation.

Posted by paperplane2016 > 2017-03-25 00:55 | Report Abuse

Let's boycott east Malaysia stock k

Posted by Tom85 > 2017-03-30 16:31 | Report Abuse

really useless company.

Posted by Gabriel Khoo > 2017-03-31 13:04 | Report Abuse

March export up 6.8%
Be confident with the share you bought.

Posted by enning22 > 2017-04-05 13:21 | Report Abuse

By Emily Chow
KUALA LUMPUR, April 5 (Reuters) - Palm oil output in world
No.2 producer Malaysia likely jumped over 10 percent in March,
marking its first month-on-month climb in about five months, a
Reuters poll showed.
However, the estimated 10.4-percent rise in production to
1.39 million tonnes would be below the kind of increases
typically chalked up at the time of year due to lingering
effects from last year's El Nino weather pattern. <MYPOMP-CPOTT>
"The projected rise in fresh fruit bunch output is lower
versus the historical March average month-on-month rise of 15
percent over the past five years," said Ivy Ng, regional head of
plantations research at CIMB Investment Bank.
"Issues (such as El Nino and labour shortages) suggest that
production in the second quarter may not rise as much as we
expect. It could continue in April and May, but for June and
July we expect an output pickup."
Rising production of the commodity, used in everything from
cosmetics to chocolate, could drag on benchmark palm oil futures
on the Bursa Malaysia exchange that have already dropped nearly
15 percent this year on expectations of recovering output and
falling soyoil prices. [POI/]
Meanwhile, Malaysia's palm oil inventories are expected to
have inched up by 0.1 percent at the end of March, though that
would still be their lowest level for the month in eight years,
according to the poll of seven planters, traders and analysts.
March inventory levels likely rose for the first time in
three months to 1.46 million tonnes, according to the poll's
median forecast. <MYPOMS-TPO>
Industry players also estimated Malaysian exports had gained
7 percent from February to 1.18 million tonnes, largely due to
increased demand from India. <MYPOME-PO>
"The short-term demand outlook for palm is good. For April,
we expect good demand coming from India on rupee strength and
some good buying for Ramadan," said a Kuala Lumpur-based futures
trader.
The median figures from the Reuters survey imply Malaysian
consumption of 256,079 tonnes in March. Official data will be
released by the Malaysian Palm Oil Board on April 10.

Breakdown of March estimates (in tonnes):
Range Median
Production 1,321,465 - 1,477,319 1,390,000
Exports 1,070,000 - 1,262,000 1,184,502
Imports 40,000 - 75,000 52,225
Closing Stocks 1,400,000 - 1,550,000 1,460,700

* Official stocks of 1,459,056 tonnes in February, plus the
above estimated output and imports, give a total March supply of
2,901,281 tonnes. Based on the median of the exports and closing
stocks estimates, Malaysia's domestic consumption in March would
be 256,079 tonnes.

($1 = 4.4290 ringgit)

Posted by enning22 > 2017-04-05 19:27 | Report Abuse

KUALA LUMPUR, April 5 Malaysia's export growth
hit a near seven-year high in February, government data showed
on Wednesday, due to a jump in shipments of manufactured goods
and commodities.
Exports rose 26.5 percent from a year earlier, the fastest
growth since May 2010 and the fourth consecutive month of
expansion.
The annual increase beat economists' expectations of 17.9
percent. January shipments rose 13.6 percent from a year
earlier.
Data from the International Trade and Industry Ministry
showed February exports of manufactured goods rose 24.3 percent
and accounted for 80 percent of Malaysia's total.
Exports of mining goods increased 21.6 percent, mainly on
rising crude oil prices, the data showed.
Imports in February rose 27.7 percent year-on-year, above
the 16.1 percent increase the previous month and the fastest
rate of growth since June 2010's 29.9 percent.
The trade surplus in December widened to 8.71 billion
ringgit ($1.97 billion), from January's 4.7 billion ringgit.
Exports to China rose 47.6 percent from a year earlier, due
to higher shipments of electrical and electronic products and
commodities including petroleum products, rubber and palm oil.
Exports to the United States went up 13.2 percent on
stronger demand for manufactured goods, while exports to the
European Union grew 26.6 percent.
Malaysia reports trade data in ringgit.
February was the fourth consecutive month where exports
topped 70 billion ringgit.
For a graphic on Malaysia's exports and imports, click: link.reuters.com/xyb28s

Posted by Gabriel Khoo > 2017-04-11 07:34 | Report Abuse

KUALA LUMPUR (April 10): Exports of Malaysian palm oil products for April 1-10 rose 20.9% to 307,249 tonnes, up from 254,141 tonnes shipped from March 1-10, cargo surveyor Intertek Testing Services said on Monday.

Posted by lkw9918 > 2017-04-12 08:50 | Report Abuse

what happened?

"Tom85 >>> really useless company.
30/03/2017 16:31"