SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

2.90

Today's Change

-0.01 (0.34%)

Day's Change

2.90 - 2.92

Trading Volume

166,900


7 people like this.

3,340 comment(s). Last comment by EngineeringProfit 5 days ago

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-24 23:25 | Report Abuse

Tomorow sop wil lead all plantations higher

casanwk

1,496 posts

Posted by casanwk > 2022-02-25 06:53 | Report Abuse

Is good and easy to make profit in this commodity cycle. Beside this , there is super cycle on the way in the world.. and happening now. Jeff Brown , tech entrepreneurs and investor call it 'world ipo' worth quadrillion. Cut it short is called GTE stand for Global token exchange. Is a token and price is rising fast..... this token is much bigger than crypto currency to come( unrelated matter).

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-02-25 07:23 | Report Abuse

SOP's FY2021 EPS of 89.44sen is achieved on the back of average realised CPO price of $4,560.
In the likely event of CPO price averaging $5,500 for FY2022, EPS will surge by estimated 30% . Forecast EPS for FY2022 is $1.16.
Forward PE is therefore only 4.6X based on yesterday's closing.
Damn cheap!

Plantermen

2,114 posts

Posted by Plantermen > 2022-02-25 09:34 | Report Abuse

SOP a strong start for this morning after yesterday jitters & shake out

Posted by huatallplant > 2022-02-25 09:43 | Report Abuse

huat arrrrrrrrrrrrrrrrrrrrrr ahhahahahahhaah

Posted by huatallplant > 2022-02-25 09:44 | Report Abuse

bull la klse

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-25 10:26 |

Post removed.Why?

Posted by huatallplant > 2022-02-25 10:34 | Report Abuse

fly money come hahahahahha huat

troy88

2,622 posts

Posted by troy88 > 2022-02-25 10:36 | Report Abuse

Deserves a much higher price with such fantastic results!

Posted by huatallplant > 2022-02-25 11:06 | Report Abuse

wahahahahhahaha i enough already bye good luck guy hahahahahaha

Posted by investor2021trading > 2022-02-25 11:10 | Report Abuse

boom pipi! it was below 4.00 but now reaching 6.00!

Investorrr

616 posts

Posted by Investorrr > 2022-02-25 11:12 | Report Abuse

EPS 89.2 cent, is under value only 6.5 PEx

Investorrr

616 posts

Posted by Investorrr > 2022-02-25 11:12 | Report Abuse

at least RM10

casanwk

1,496 posts

Posted by casanwk > 2022-02-25 11:43 | Report Abuse

Expecting pullback at 6rm
(Elliot wave forecast)

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-25 11:56 | Report Abuse

all ibs gave tp above rm6

Posted by ValueInvestor888 > 2022-02-25 15:17 | Report Abuse

SOP is the most undervalued palm oil stock if based on current quarter EPS of 36sen...rolling PE is only 6. forward PE could be even lower

Plantermen

2,114 posts

Posted by Plantermen > 2022-02-26 05:55 | Report Abuse

10 fold jump in profit. Very good result

casanwk

1,496 posts

Posted by casanwk > 2022-02-26 12:01 | Report Abuse

After this pullback, next price target is 7.30rm . As it progress and break prior high rm680 (1 yr). This is cross junction where tsunami super cycle waiting to unfold . Geopolitical tension between China n Taiwan kick in...
Don't look down(scary huh) , look up and average up.... Huat.......ah.
( coffee talk only . Follow ur heart : sell mean sell n vice versa. )

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-26 13:40 |

Post removed.Why?

Posted by Gabriel Khoo > 2022-02-26 14:59 | Report Abuse

Bloomberg app · Installed
Here Are the Asian Stocks Most Affected by the Ukraine Turmoil - Bloomberg.com

Posted by Gabriel Khoo > 2022-02-26 14:59 | Report Abuse

Wow...malaysia (will benefit from oil and palm oil) and australia

calvintaneng

53,417 posts

Posted by calvintaneng > 2022-02-26 15:08 | Report Abuse

Out of 300,000 acres SOP has more than 200,000 acres consist of prime producing palm oil now

With Cpo prices at world record it is only a matter of time SOP rise up to cross Rm10.00 to be a Palm oil Blue chip

Posted by Gabriel Khoo > 2022-02-26 15:16 | Report Abuse

From RHB:-

Good year for downstream. Management indicated that the downstream segment’s performance has improved with very positive margins in FY21, on the back of higher prices as well as trading profits made during the year. However, its utilisation rate dropped to 80% from 90% in 2020, as focus was tilted more towards the upstream side – given SOP’s sensitivity to CPO prices.

FY21 unit cost was at MYR1,600/tonne, which was flattish YoY. This was likely due to lower fertiliser application and higher PK credits. Due to the labour shortage, management only applied 75% of its fertiliser requirements for FY21. Management anticipates that unit costs will be flattish YoY in FY22 despite rising fertiliser costs, as it is able to utilise some of the carriedforward FY21 fertilisers this year. SOP has contracted fertiliser prices for its 1H requirements, at 40-50% higher. We are more conservative, and have imputed a 10-15% YoY increase in unit costs in FY22.

Good stratergy from SOP

skyjet

504 posts

Posted by skyjet > 2022-02-28 09:18 | Report Abuse

Sell all palm oil stock to buy steel stock Hiaptek, AYS, Annjoo and Prestar.

Palm oil price start drop from peak.
https://www.tradingview.com/chart/hiuzadjh/?symbol=MYX%3AFCPO1%21

Steel price start up from low.
https://finance.sina.com.cn/futures/quotes/RB0.shtml

casanwk

1,496 posts

Posted by casanwk > 2022-02-28 09:20 | Report Abuse

Beautiful... went up again
Everyday add in 20 or 30 sen
Where to find this good atm machines!

Posted by investor2021trading > 2022-02-28 09:23 | Report Abuse

boom pipi!

troy88

2,622 posts

Posted by troy88 > 2022-02-28 09:27 | Report Abuse

The numbers from QR don't lie. This is a solid plantation company. Starting to get the valuation it deserves which should even be much more..

casanwk

1,496 posts

Posted by casanwk > 2022-02-28 09:49 | Report Abuse

If price can break the 6.80rm level
Tell u - ur initial capital will double or triple ( coffee talk only)
Just snipering for the right moment to topup...
Huat ah....

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-02-28 09:54 | Report Abuse

I expect SOP to break $8 soon.
EPS FY2021 is almost 90 sen on the back of realised CPO price at about $4,500.
Forecast EPS FY2022 based on $5,500 CPO assumption will be $1.10.

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-28 11:06 |

Post removed.Why?

VenFx

14,784 posts

Posted by VenFx > 2022-02-28 11:18 | Report Abuse

oK...SOP claim its Top Winner tittle.

Congrats to all , especially Calvin sifu.
Lets hope for more Blue Avatars to come, and challenge the Blue Chip title

Posted by huatallplant > 2022-02-28 11:20 | Report Abuse

gogoogogogogoogoog ahahahahahhaha tis year la ini kali la palm oil

Posted by ANTONIO7979 > 2022-02-28 13:37 | Report Abuse

This price still can buy in guys?

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-28 13:39 | Report Abuse

Can. Wil b the taiko of plantation

Posted by ANTONIO7979 > 2022-02-28 13:40 | Report Abuse

thanks gemfinder

Posted by huatallplant > 2022-02-28 15:50 | Report Abuse

hahahahahha gogogogogoogo

Posted by huatallplant > 2022-02-28 15:50 | Report Abuse

good good gogogogogo holda ya sky no limit

Posted by huatallplant > 2022-02-28 15:50 | Report Abuse

gogogogogo

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-02-28 16:11 | Report Abuse

In a bull market, SOP should fetch PE of 15x.
based on historic EPS of 90 sen (FY2021), share price should be $13.50
based on forward EPS of $1.10 (FY2022 est), share price should be $16.50
--------------------------------
Posted by Johnzhang > Feb 28, 2022 9:54 AM | Report Abuse X

I expect SOP to break $8 soon.
EPS FY2021 is almost 90 sen on the back of realised CPO price at about $4,500.
Forecast EPS FY2022 based on $5,500 CPO assumption will be $1.10.

Plantermen

2,114 posts

Posted by Plantermen > 2022-02-28 18:12 | Report Abuse

Mr zhang 8.00 is my target price

Mabel

23,294 posts

Posted by Mabel > 2022-02-28 19:27 | Report Abuse

Hohoho...

Meow Meow Meow

VenFx

14,784 posts

Posted by VenFx > 2022-02-28 22:57 | Report Abuse

super under value <$6.53 (low range 7.3pe)
optimum value ,if = $8.90 (averagely 10pe)

ahbah

6,072 posts

Posted by ahbah > 2022-02-28 23:01 | Report Abuse

Fantastic plantation stock !!!

calvintaneng

53,417 posts

Posted by calvintaneng > 2022-02-28 23:03 | Report Abuse

Reposted from TAANN forum


calvintaneng TAANN IS FLUSHED WITH OVERFLOWING CASH

Don't simply take profit too early

Tell you guys a true life story

In year 2019 a Bank Manager bought Topglove cheap

Then Coronavirus started in March 2020 & Top glove share price shot up to over Rm6.00

Seeing profit she sold Topglove just above Rm6.00.

After taking profit she saw TopGlove share price rose and rose

And kept on rising till Rm26.00

Then TopGlove declared Two Free Bonus for each TopGlove share held

Seeing Topglove at the Lofty Peak of Rm26.00 plus giving 2 Free Bonus she could no longer tahan (and turned itchy; very itchy) and went to buy back her Topglove at Rm26.00


Then due to Glut & China fierce dumping Topglove crashed & she suffered losses even though she initially bought Topglove cheap

So don't make the silly mistake of selling TAANN too early as we are in Palm oil Super Bull

And no threat from China this round as Palm oil needs at least 4 years (time barrier) to grow & produce the 1st drop of Palm oil

So just hold tightly there is no telling that TAANN could morph into another Topglove later with "free bonus"
28/02/2022 10:44 PM
28/02/2022 11:01 PM
X
calvintaneng What is true of TAANN is also true of SOP & all other Palm oil shares as we Enter Super Bull Run
28/02/2022 11:02 PM

ahbah

6,072 posts

Posted by ahbah > 2022-02-28 23:05 | Report Abuse

Please no cut your plantation profit !

Cut your glove stks loss.

Cut your tech stks loss.

Ananas

109 posts

Posted by Ananas > 2022-02-28 23:34 | Report Abuse

this is just the beginning

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-01 09:26 | Report Abuse

TAAN just posted below expectation quarter result. Taan drop 8.4% now. Sell all palm oil stock.

luster

69 posts

Posted by luster > 2022-03-01 09:29 | Report Abuse

unable to stay above 6.50?

CCWONG

290 posts

Posted by CCWONG > 2022-03-01 10:53 | Report Abuse

Healthy correction, good for LT investors.

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-03-01 13:12 | Report Abuse

CPO March hit $7750 this noon! All plantations are laughing to the banks!

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