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 > 2022-03-07 13:26 |

Post removed.Why?

Posted by Jonathan Keung > 2022-03-07 16:35 | Report Abuse

Unexpected reward. Bonus 1 :2 shares reward SOP

Investorrr

616 posts

Posted by Investorrr > 2022-03-07 18:06 | Report Abuse

KUALA LUMPUR (March 7): Palm oil production in the world's top producers Indonesia and Malaysia is likely to rise about 3% each this year, but it would not be enough to meet global edible oil demand, leading analyst James Fry said on Monday.

Adverse weather in South America and Canada have curbed supply of soybean oil and rapeseed oil, while there is a lack of availability of sunflower oil due to the Russia's invasion of Ukraine crisis, Fry, chairman of agribusiness consultancy LMC International, told Reuters in an interview on the sidelines of an industry conference in Kuala Lumpur.

"The high (palm oil) prices are going to be around, I fear, for the consumer," he said.

luster

69 posts

Posted by luster > 2022-03-07 18:56 | Report Abuse

After bonus issue, expecting what price ?

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-03-07 19:05 | Report Abuse

Hopefully, good dividend to follow the BI.

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-03-08 06:25 | Report Abuse

Shoppers scramble for staples as food fallout from war spread

March 07, 2022 22:40 pm +08

ISTANBUL/LONDON/CAIRO (March 7): The shockwaves in global crop markets from Russia's invasion of Ukraine are now spreading to store shelves.

Worries about surging sunflower oil prices triggered heavy buying over the weekend in Turkey, as footage of citizens trying to grab tins of cheaper oil at one store went viral. In Egypt, the world's biggest wheat importer, prices for some unsubsidised bread have jumped in the past week.

The war has already driven wheat prices nearly 70% higher in Chicago this year and is threatening to upend global food trade ? Russia and Ukraine are vital suppliers of grains, vegetable oil, and fertilisers, which means that supply disruptions will be felt all over the world. Wheat prices have reached levels last seen during the 2008 global food-price crisis ? which helped spark widespread protests ? and a United Nations index of food prices hit a record in February.
In Turkey, sunflower oil is the main cooking oil and a key component of food spending. Images of a 18-litre tin being sold for 989 liras (US$69) spurred debates on the cost of living, while the item was not available at all on the websites of some grocery chains.

The concern over sunflower oil prices is related to imports stuck at ships at the Sea of Azov, the north-eastern tip of the Black Sea, according to Ahmet Atici, secretary-general of the Vegetable Oil Industry. The group sent a letter to the Trade Ministry earlier this month, warning that current supplies might last only to mid-April.

A trade group in the European Union has warned it could run dry of sunflower oil by a similar time, with the lost volumes from Ukraine impossible to offset .

Ukraine and Russia together account for about three quarters of global exports of sunflower oil.

Plantermen

2,114 posts

Posted by Plantermen > 2022-03-08 07:30 | Report Abuse

Biden hands are tied and push to a corner. Iranian oil vs nuclear talks are skidded. Venezuela negotiations are half baked. Saudi and Opec+ are not playing balls. Russia oils are needed by Germany & other Europeans. US oil reserve is drawing down. High energy, grains & edible oil prices hitting people bottom lines right after the current covid outbreak.

gemfinder

6,880 posts

Posted by gemfinder > 2022-03-08 11:20 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2022-03-08 12:10 | Report Abuse

sold 6.08. THX

calvintaneng

53,417 posts

Posted by calvintaneng > 2022-03-08 22:18 |

Post removed.Why?

Posted by huatallplant > 2022-03-09 14:56 | Report Abuse

gogoogogogogoogog palm back la gogogogogogooggo

Posted by huatallplant > 2022-03-09 14:57 | Report Abuse

gogogogooggo palm oil gogogogogogogogo

Posted by huatallplant > 2022-03-09 14:59 | Report Abuse

palm oil come back la banker still no enough la want push another high to sell

Posted by huatallplant > 2022-03-09 14:59 | Report Abuse

gogogoogoggoogogogogogo

Posted by huatallplant > 2022-03-09 15:00 | Report Abuse

laju sikit la jalan

enning22

2,871 posts

Posted by enning22 > 2022-03-09 15:11 | Report Abuse

latest: Indonesia mandates 30% of palm oil production to be sold in Indonesia, from earlier 20%.

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 15:15 | Report Abuse

This 'anymo' alway come late to party. They want cheap tickets, they press3 down the prices. Those panic one sell cheap2 to them to protect their gain.
Hold tight2 , time 2 rebound
Sky no limit!
Huat ah....

enning22

2,871 posts

Posted by enning22 > 2022-03-09 15:24 | Report Abuse

nothing to do with "angmo", crude oil up, price now more then 120 usd per barrel, Indonisia sure want to make more biodiessel for they own energy market.

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 15:26 | Report Abuse

China winter wheat production drop by 30%

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 15:29 | Report Abuse

Now we in B wave (uptrend)
Price target 650rm

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 15:47 | Report Abuse

Gogogo650

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 16:01 | Report Abuse

Nobody is selling?
Easily2 rm1 today eh...
Hihihi

Posted by huatallplant > 2022-03-09 16:09 | Report Abuse

wahahahhhahahhahaha say early la

Posted by huatallplant > 2022-03-09 16:09 | Report Abuse

gogogogogogogogo ahahhahahhahaa

Posted by huatallplant > 2022-03-09 16:10 | Report Abuse

market bull balik gogogogogoogogog

Posted by huatallplant > 2022-03-09 16:11 | Report Abuse

banker sell we baru folo sell la

Posted by huatallplant > 2022-03-09 16:11 | Report Abuse

gogogogoogogogogo

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 16:14 | Report Abuse

Topup 622

Posted by huatallplant > 2022-03-09 16:19 | Report Abuse

rocket siaaaaaaaaaaaaaa

Posted by huatallplant > 2022-03-09 16:25 | Report Abuse

waahahahahahhahahahhahhha good good ^^^^^^^^^^^ tqtqtqtqtqtqtq

casanwk

1,496 posts

Posted by casanwk > 2022-03-09 21:19 | Report Abuse

Speeding like ferrari
2morrow pullback a bit and zoom away.....
Hi..

calvintaneng

53,417 posts

Posted by calvintaneng > 2022-03-11 10:37 | Report Abuse

Sop will be a Superstar of the palm oil Superbull

Out of 300,000 acres over 217,000 acres are prime age now

217,000 acres of healthy and fruitful oil palms(bigger than Spore landmass of 180,000 acres)

Sop will see the Once a Century earning like never before

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-11 10:54 | Report Abuse

FCPO price start drop

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-03-11 11:28 | Report Abuse

Don?t panic to see day to day or week to week price movements. It is very normal.
CPO for March and April still about $7,500!
FY2021 average was only about $4,400 and plantations earnings surged.
Between $7,500 and $4,400, this is huge cushion of $3,100 !

Posted by VincentTang > 27 minutes ago | Report Abuse

FCPO price start drop

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-11 11:31 | Report Abuse

FCPO price start drop now, please check.

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-11 11:35 | Report Abuse

Hang Seng drop 3.8% now

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-11 13:28 | Report Abuse

Wow, palm oil price drop 3.02% today but palm oil stock up. Wait and see how much palm oil stock can up if palm oil price drop.

casanwk

1,496 posts

Posted by casanwk > 2022-03-11 16:37 | Report Abuse

Breakout?
Waiting for right timing ?------------ any news catalyst out there!

Posted by wallstreetrookie > 2022-03-11 17:23 | Report Abuse

This one is another good palm oil stock. Man, there are too many palm oil stocks to choose from

Posted by wallstreetrookie > 2022-03-11 17:25 | Report Abuse

Too many plantation stocks listed on Bursa. Not sure which one to pick honestly

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-12 14:39 | Report Abuse

cpo bull run 40%, plantation stock only up 20%,......when cpo down 10%, don`t know how much plantation stock will drop?.......cpo price up very fast, drop also very fast,.......no time to escape.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-12 14:59 | Report Abuse

cpo price at rm7000 metric ton,.....india & china don`t buy from us,.......i think china & india will buy sun flower oil directly from russia at 10% discount,....that is why they are not in hurry to buy cpo,....

Investorrr

616 posts

Posted by Investorrr > 2022-03-13 16:51 | Report Abuse

KUALA NERANG (March 13): The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.

Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin (pictured) said the figure was achievable based on the development of CPO futures contract trading on Bursa Malaysia Derivatives.

gemfinder

6,880 posts

Posted by gemfinder > 2022-03-13 18:37 |

Post removed.Why?

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-03-14 08:45 | Report Abuse

This macik Zuraida simply shot only. Hahaha

joerakmo

725 posts

Posted by joerakmo > 2022-03-14 08:54 | Report Abuse

New demand from orangutans!!

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-14 10:56 | Report Abuse

sudah habis ,......cpo price going to collapse ,.....next support level rm5500

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-14 11:29 | Report Abuse

FCPO drop 7% today, start downtrend, better sell.

VincentTang

1,101 posts

Posted by VincentTang > 2022-03-14 11:51 | Report Abuse

FCPO drop 8.74% now.

Posted by Investformilkmoney > 2022-03-14 13:44 | Report Abuse

Where do you get this data?The websites I checks wasn't that low

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