Posted by Mabel > 2021-12-01 15:26 | Report Abuse

#Jonathan Keung Net profit 1st Qtr + 113 million , 2 Qtr +146 million & latest Qtr result + 175 million { but price is lower vs last qtr period }
01/12/2021 1:34 PM

Our KLCI already below 1500 ...weak support..sentiment not good...

Gainers 263
Losers 412
Unchanged 601
Untraded 1040

As far as Plantation only Wilmar, Sime Darby Plantation, TDM and TaAnn are Green...

Meow

Posted by Intrinsic99 > 2021-12-01 15:30 |

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Posted by calvintaneng > 2021-12-01 21:10 |

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Posted by Mabel > 2021-12-03 13:41 | Report Abuse

#calvintaneng IJMPLANT: FINAL DELISTING FROM BURSA: WE BID IJMPLANT SAYONARA & "BON VOYAGE" WITH KLK, TIME TO BUY SOP & TAANN, Calvin Tan


https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-12-01...
01/12/2021 9:10 PM

Meow Calvin...

Bon Voyage IJMPlant...

Already on board on KLK, SOP and TaAnn

To Our Success !

Mabel FarMeow

Posted by Mabel > 2021-12-04 08:34 | Report Abuse

We are now into the final month of the year 2021 - hope this year has been a good for everyone ...

I think this question is probably in the minds of many, "is the stock market going to see a year-end rally, and a good end to the year 2021?"

Personally, I feel that it will very much depend on how the new Covid-19 variant in Omicron develops (remember last Friday, when the news about this new variant broke out, the major Indexes fell by more than 1+%.)

If this newly discovered variant is found to be not as dangerous as initially feared, then chances are high that we'll see a bullish rally all the way into the new year 2022.

On the other hand, if the variant is found to be not only highly transmissible, but at the same time may result in serious illnesses or even death (after contracting it), and that the current vaccines do not offer a good protection against it, then we might see a bearish end to the current financial year.

To Our Success !

Meow

Posted by calvintaneng > 2021-12-07 00:04 |

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Posted by CCWONG > 2021-12-08 13:59 | Report Abuse

If you look at many listcos in KLSE, many are loss-making or profit-making going down, but oil-palm listcos' profit-makings are going up.

That makes the difference.

MYR to USD is 4.20++.

Inflation is ++.

Cost of doing business is ++.

Oil-palm listcos are export-oriented (CPO & others) earning USD.

Share price positive upwards movement is a matter of time.

Posted by Johnzhang > 2021-12-08 15:42 | Report Abuse

SOP are among the few having very strong cash position, except that current dividend rate is disappointing. I am holding on with the hope that dividend rate will improve in near future.

Other plantations with very strong cash position are : Inno, Taann, Swkpltn, HSplant, KMloong and UP. These companies give consistently good dividend yields.

Posted by Mabel > 2021-12-09 22:28 | Report Abuse

Most Plantation are green today...

To Our Success!

Meow

Posted by calvintaneng > 2021-12-09 22:35 |

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Posted by calvintaneng > 2021-12-10 09:15 | Report Abuse

Director Tang Tiong Ing
Bachelor of Accounts with honours with Audit experience

He owns more than half million ringgit of SOP shares

In good years SOP gave One for One free bonus

Is something good brewing?

https://www.sop.com.my/about/board-of-directors/2/

Posted by Johnzhang > 2021-12-10 11:34 | Report Abuse

Some Investors may be concern of the labour and fertilizer cost increase on plantation company’s performance in 2022. The IBs and media are very prone to look at only one side of the equation and they seriously lack professionalism.

My view is oil palm plantation will still be laughing to the banks next year. Mind you that most big time CPO traders expect CPO to trade above $5,000 during Jan-Mac 2022 and between $4,000 to $5,000 during Apr-Dec 2022.

Cost of production (at estate level) during recent years (2017-2020) were $1,500 -$1,800 pmt CPO depending on the cost efficiency of each planter.
Average CPO price over same period (2017-2020) was about $2,490 pmt as shown in the calculation below :
2017 $2,800
2018 $2,150
2019 $2,250
2020 $2,760
-----------------
Avg $2,490
=================
Therefore, average Gross Margin in past recent years enjoyed by planters were $990 to $690 pmt CPO. (ie average CPO price $2,490 minus cost of production $1,500 to $1,800).

Due to higher labour and fertilizer costs, the cost of production is expected to increase by max. $300 pmt CPO basis. The new cost of production for 2022 shall be $1,800 -$2,100 pmt CPO.
Based on 2022's CPO price forecasted by big time CPO traders averaging $4,500 , the Gross Margin of the planters will be $2,700 to 2,400 pmt CPO.

2022's Gross Margin is 2.7 times to 3.5 times higher than the average of 2017-2020.

Just for sharing.

Posted by calvintaneng > 2021-12-10 12:17 | Report Abuse

Excellent excellent

For SOP the best is yet to come !

Posted by airfan99 > 2021-12-14 05:27 | Report Abuse

Have you take into consideration of the fertilizer and chemical cost which also up and also the Sarawak government tax. Not that straight forward calculation.

Posted by airfan99 > 2021-12-14 05:29 | Report Abuse

The price will stay for maybe around after march than will come down but will not back to below rm3,000 below....

Posted by Plantermen > 2021-12-14 06:44 | Report Abuse

Cpo steering run in 2021 is expected to moderate in 2022 with prices staying between 3,200 - 3,500 per tonne based on current demand. Any hicup in either weather, production or uptake in India demand will further strengthen upside potential.

Posted by Johnzhang > 2021-12-14 07:00 | Report Abuse

@airfan99, take another careful read of my post on 10th Dec. Also, you may go to Bplant forum where I have on even date wrote what constitute Cost of Production.
Pls share your "Not so straight" facts and figures if what you have are different . NO use to just say " Not that straight calculation".
---------------------------------------------------------------------
Posted by Airfan 99 >Dec 14,2021
Have you take into consideration of the fertilizer and chemical cost which also up and also the Sarawak government tax. Not that straight forward calculation.

Posted by Johnzhang > 2021-12-14 07:09 | Report Abuse

@Plantermen, I am a bit more optimistic than you with regards to average CPO price for 2022. I personally think it will average above $4,000, unless there is the unlikely bumper crops of soya, rapeseed and sunflower seed. I don't see production in Malaysia and Indonesia going higher for next year due to a numbers of constraints.

Posted by calvintaneng > 2021-12-15 07:29 |

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Posted by Intrinsic99 > 2021-12-15 08:37 |

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Posted by gemfinder > 2021-12-15 08:39 |

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Posted by calvintaneng > 2021-12-17 08:05 |

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Posted by calvintaneng > 2021-12-19 23:21 | Report Abuse

SOP got Rm760 Million in Cash or more than Rm1.00

Posted by Gabriel Khoo > 2021-12-20 18:53 | Report Abuse

Sarawak Oil Palms (SOP MK)

ESG: Building a sustainable future

Relatively good ESG credentials

We assess SOP’s overall ESG risk factors to be medium as its ESG credentials appear to be relatively good, with transparent and detailed sustainability disclosures. Its geographical exposure to just Sarawak also helps limit SOP’s ESG risks relative to peers. Maintain BUY with unchanged TP of MYR5.60 on 13x FY22 PER peg, its 5Y mean. With net gearing at just 3% (end Sept 21), 8x FY22E PER and an unadjusted EV/ha of MYR25,000 (below replacement cost), SOP is undervalued.

Zero burning and NDPE commitments at its core

Although SOP is not yet a RSPO member, it has good and sustainable practices with zero burning and No Deforestation, No Peat and No Exploitation (NDPE) commitments at its core. SOP is 100% MSPO certified since 2019. And 6 of its 7 palm oil mills are also International Sustainability & Carbon Certification certified since 2017. To reduce GHG emissions, SOP plans to install methane capture facilities for all 7 palm oil mills (presently just 1 installed), but has not yet specified an execution timeline.

Eradicating poverty & raising socioeconomic status

SOP started as a JV between the Commonwealth Development Corporation (CDC) and the Sarawak State government in 1968 to pioneer the commercial planting of oil palms in Sarawak with an initial land area of ~4,600 ha. The aim was to eradicate poverty among local communities and to-date, the socioeconomic status of the local communities has improved remarkably. In addition to windfall and corporate taxes paid to the Federal government, SOP has also contributed over MYR300m (by our estimate) in Sarawak sales taxes since 2010 that has helped the state government with its community development programmes.

Targets to minimise impact on planet by lifting yields In 2019, SOP introduced an in-house “555 Target” with the goal to achieve 5t/ha (FY20: 3.3t/ha) of palm oil in 5 years with MYR5b in market capitalization. The ambitious target is aimed at sweating its assets by achieving optimum FFB yield and OER via best management practices to minimise the impact on the planet.

Posted by Mabel > 2021-12-21 13:18 | Report Abuse

#calvintaneng SOP got Rm760 Million in Cash or more than Rm1.00
19/12/2021 11:21 PM

Absolutely Calvin Dear..

For this quarter

Harta give 35.20 sen Dividend..
MPI give 10 sen Dividend
SOP - 4 sen Dividend
TaAnn -20 sen Dividend
PCHEM - 10 sen Dividend
KLCC - 6 sen Dividend
Inari - 2.8 sen Dividend
KLK - 80 sen Dividend

As you forecasted, Plantation now has overtaken Gloves as a good sources in Mabel's collection of Defensive Stocks..

Now all Palm Oil Companies are flushed with CASH.

To Our Success !

Meow Meow Meow

Posted by calvintaneng > 2021-12-21 15:41 |

Post removed.Why?

Posted by Mabel > 2021-12-21 17:27 | Report Abuse

Meow Meow Meow

Posted by calvintaneng > 2021-12-21 19:40 |

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Posted by Johnzhang > 2021-12-22 06:57 | Report Abuse

KUALA LUMPUR (Dec 21): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed Monday’s losses to close higher on Tuesday. Gain were supported by the expectation of weaker output in the coming weeks.

Meanwhile, Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market ended higher on Tuesday following the move by the Indian government to cut base import duty on refined palm oil to 12.5% from 17.5% as part of efforts to increase domestic supplies and bring down the retail prices of cooking oil.

Bagani said the market was also influenced by the announcement by India’s Ministry of Commerce and Industry about the relaxation of import restrictions on refined palm oil till Dec 31, 2022.

Malaysia and Indonesia have a relatively large supply of refined palm oil products and were eyeing fresh buying support from destination markets.

“If origins maintain the competitive pricing of refined palm oils, India may switch to it from CPO and even from soft oils, depending on the net spread at the cellulose nanofiber (CNF) market,” Ng said.

At the close, CPO futures contract for January 2022 increased RM96 to $4,853. The physical CPO price for January South was RM80 higher at RM4,900 .

Posted by calvintaneng > 2021-12-22 23:10 |

Post removed.Why?

Posted by titan3322 > 2021-12-28 14:04 | Report Abuse

Earnings strong but dividend not so good. Last qtr EPS = 21 sen but gave 4 sen dividend only !

Posted by yc88 > 2021-12-31 10:01 | Report Abuse

if promoter only say good good & nothing else. beware!! there's no free lunch. do your own due diligent and research. 2% succeed 98% failed, remember this famous quote. many listed companies bosses buy back their shares also but their share price is stagnant forever.. many other situation to consider also.. major short of labor, fertilizer cost up, bad weather, extra tax, output stagnant.. only this promoter only got 1 thing to say.. CPO! CPO! only.. use your common sense. dividend or no dividend is not up to the promoter to say.. he should buy over SOP, TAAN, TSH, JTIASA & so on to fulfill his step after step dreaming analysis... konon, Giant Treasure.. laugh 9 me..

Posted by yc88 > 2021-12-31 10:08 | Report Abuse

i also wish all buyers of palm oil shares make good $$. just too much illusion at every palm oil shares forum by this 1 s'pore promoter.. sick!!!

Posted by yc88 > 2021-12-31 10:35 | Report Abuse

after promoter aggressive promoting Jtiasa, the shares swing from 0.78 to 0.58. 20 cents drop, can u imagine how many people got trapped? Giant treasure can drop like this with his very rosy marketing talk? how many palm oil shares shooting up by now due to CPO & his marketing? Reader please survey, read more & see the trend.. don't follow blindly of promoter sweet talk only... is your hard earn $$.. many factors caused the shares to go up & down..

Posted by yc88 > 2021-12-31 15:07 | Report Abuse

"I think SOP is as good as Ijmplant. Buy more while cheap"

Con promoter will only know how to ask u to Buy more and will never tell u when to Sell.. u wait and see.. first say hold 6 months, now say hold until end of 2022.. after that, hold until end 2023.. sure lah, 1 day price will go up, when only ma...

Posted by Mabel > 2021-12-31 18:59 | Report Abuse

To 2021..

You open up a lot of opportunities for me! Burp ..excuse me…

It was a crazy year, but hey, that was quite an adventure.

I’m excited for what 2022 has in store for me..

Thank you for being part of my 2021.

Anthony Fauci said Omicron can actually help to end the pandemic by displacing the delta variant.
Westerners with their big passion for science are quite optimistic about this. That's why their stock exchanges are making new highs. Today most of the Heath-care stocks are moving in the right direction..

May 2022 will be even more exciting and the greatest year ever.

To Our Success !

Dr Mabel Meow

Posted by yc88 > 2022-01-03 15:47 | Report Abuse

when glove ASP fly, shares fly high... when CPO fly, share no fly = not attracting interest, no volume, no bull run.. this is fact. open your eyes and see the everyday volume...

FCPO RM5300 again... alamak, syiok sendiri. Trying to excite people to support the buying? Btw, at what price to sell? Share also lah..

CPO up from RM1700 to RM5300.. i agreed is a super good news but giant is too heavy to fly... There's must be a reason, right?

Mr Calvin, can share the reason since u so clever doing analysis?

Posted by Jonathan Keung > 2022-01-04 13:38 | Report Abuse

year on year SOP price is lower despite the meteorite rise in CPO prices. Logic does not applied here

Posted by koowakzai > 2022-01-04 14:33 | Report Abuse

Due to ESG, share is not moving

Posted by Johnzhang > 2022-01-04 15:08 | Report Abuse

ESG ploy can be played up to one point only . When food prices skyrocketing further and inflicting heavy inflation pain globally, ESG ploy will subsize.

Posted by Johnzhang > 2022-01-04 15:55 | Report Abuse

KUALA LUMPUR (Jan 4): There could be a big shift from growth to value stock investing across ASEAN markets which include Malaysia in the second half of 2022 "if the world goes back to normalcy" as the global economy recovers from the impact of Covid-19 pandemic-driven movement restrictions, according to Maybank Kim Eng head of regional equity research Anand Pathmakanthan.

"If there's a switch back to value, [Malaysia's FBM] KLCI should do pretty well as they have all the stable and cyclical stocks with decent [dividend] yields," Anand said on Tuesday (Jan 4, 2022) at a market outlook webinar organised by Maybank Investment Bank Bhd.

In equities investment terminology, growth investing is a strategy in which investors buy shares of companies which are expected to achieve higher growth versus the broader market.

Meanwhile, value investing involves buying equities which are transacted at a discount to their intrinsic worth.
———————————————————————————

SOP, TAANN, SWKPLTN,MHC, CEPAT, BPLANT, HSPLTN and many other plantations stocks are high intrinsic value , may see their share price stage a great turnaround this year .
Afterall, investors are not naive to forever ignore high earnings and high dividend yielding stock .

Posted by Johnzhang > 2022-01-05 07:01 | Report Abuse

CPO avg Q4 21 is $5,154 which is 17% higher than last Q..
SOP's Jan-Sept 21 EPS is 53 sen
Est EPS Q4 21 is 24 sen
FY21 EPS shall be 77 sen.
Share price @ 4/1/22 $3.65
PE is( 365/77) = 4.7X
% return on share price is (77/365 )=28.1%
Even If dividend payout is only 30% (??) DY is aready 8.4%
If dividend payout is 50% (??) , DY is 14%!!
All minority shareholders must attend AGM to demand a clear dividend policy!

Posted by Plantermen > 2022-01-05 17:04 | Report Abuse

More likely SOP dividend pay out interim at 4 sen { 30/12} & final 5 or maybe 6 sen. Just my own guess

Posted by Johnzhang > 2022-01-05 19:23 | Report Abuse

Kinuxian, nobody can be certain if CPO price will be softer from Q2 onwards. If it does, how low will it go from today closing price of almost $5,400 pmt ??
I think CPO price is increasingly more sensitive to the production/supply of the other competing oil namely Soya, rapeseed and sunflower oil from US , Brazil ,Argentina , China etc, the major producers.
Bearing in mind that the competing oil crop are weather vulnerable. Amid climate change and more frequent extreme weather, the risk of heatwave, drought or flood affecting harvest is very high in 2022 and beyond.
As for CPO , we can take that production volume will not increase in 2022 due to unresolved labour issue , shortage of fertilizer, lack of new investment for past 3 years etc.
In last 2 weeks , CPO stage a very spectacular rebound from slightly below $5,000 to about $5,400 this evening ,simply due to fear of some CPO production hiccup caused by ongoing flood and fear of lower soya harvest due to anticipated drought in Brazil and Argentina.

I think it only takes another weather havoc during the 2022 planting season in US or South America or Europe or china to keep CPO above $5,000 throughout 2022.

Just my personal view .

Posted by Mabel > 2022-01-06 10:12 | Report Abuse

PUTRAJAYA (Jan 5): The palm oil industry, being the fourth largest contributor to the Malaysian economy, is expected to maintain its 2021 performance in 2022, backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.

As of November 2021, total exports of Malaysian palm oil and its derivatives stood at 22.14 million tonnes and due to high palm oil prices, total revenue increased by 40% to RM91.4 billion as compared to 2020. This morning Mabel's collection of BioFuel Plantation continue to rise..

Haha our Ang Pow is cumming...

To Our Success !

Meow Meow Meow

Posted by Johnzhang > 2022-01-06 19:11 | Report Abuse

The West can continue with their hypocrisy. But the price differences between palm oil and other major competing edible oil have narrowed to a very small discount since 2nd half 2021. This is an achievement for palm oil industry.

Posted by Johnzhang > 2022-01-08 06:18 | Report Abuse

Jan 7): More bad weather for the world’s oilseed growers is pushing rapeseed and canola prices to fresh records and adding to food-inflation worries.

Futures have been on a tear for a while, after last year’s harvests in Canada and Europe were plagued by scorching drought and planting cutbacks, cutting global rapeseed stockpiles to a four-year low. Now, worries are mounting about supplies of rival vegetable oils, with hot and dry weather hurting South American soybean prospects and flooding hitting palm oil farms in Malaysia.

As the recent crude oil rally also aids demand for the crops to make biodiesel, Paris rapeseed futures and North American canola notched new all-time highs on Friday. Their oils are also used for everything from frying French fries to mixing salad dressings. Rapeseed prices have nearly doubled in the past year.

“The situation is really tight, and the buyers are still there,” said Arthur Portier, an analyst at Paris-based farm adviser Agritel.

Paris rapeseed futures surged as much as 5.9% on Friday, the biggest intraday gain since 2009, and North American canola gained as much as 1.5%.

Europe has become increasingly reliant on oilseed imports in recent years, after phasing out crop chemicals that rapeseed growers used to deter pests. That’s exacerbating local prices, as supplies shrink across key exporters, according to Michael Magdovitz, senior analyst at Rabobank in London.

Posted by yc88 > 2022-01-10 15:04 | Report Abuse

https://www.theedgemarkets.com/article/mpob-cpo-stocks-fall-december-2021-lower-production-export

Posted by gladiator > 2022-01-13 13:48 | Report Abuse

If SOP give better dividend payout share price will go up instead of down.

Posted by treasurehunt > 2022-01-13 18:30 | Report Abuse

Wait until Technology sector dropped beyond repairable then IBs may change their tunes.