SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

3.02

Today's Change

+0.03 (1.00%)

Day's Change

2.99 - 3.02

Trading Volume

118,100


7 people like this.

3,339 comment(s). Last comment by Johnzhang 2 weeks ago

titan3322

2,186 posts

Posted by titan3322 > 2022-05-24 12:22 | Report Abuse

CPO futures also not bad today but SOP turun apa macam maybe tarak kasi interim div ka

Abba84

973 posts

Posted by Abba84 > 2022-05-24 13:59 | Report Abuse

Even taan wth .10cts declared dividends aso,dropped kaw2 !

titan3322

2,186 posts

Posted by titan3322 > 2022-05-24 14:18 | Report Abuse

Both are S'wak based tanya itu syndicates hehe

titan3322

2,186 posts

Posted by titan3322 > 2022-05-24 14:52 | Report Abuse

Don't worry lah most IBs have TP of 6.00 and above with RHB-OSK TP of 7.25 and a strong buy call !

titan3322

2,186 posts

Posted by titan3322 > 2022-05-24 14:54 | Report Abuse

So the mid range price should be 6.60 lor so can buy some at this price lor

mrcrab

112 posts

Posted by mrcrab > 2022-05-24 15:22 | Report Abuse

come on SOP!!

white7012

76 posts

Posted by white7012 > 2022-05-25 07:50 | Report Abuse

remember the lesson of glove !! same good earning, same expectation, same esos, careful!!! what not same is haven bonus issue

Abba84

973 posts

Posted by Abba84 > 2022-05-25 17:12 | Report Abuse

Little t cheer tdy fr sop!price kept moving backward i guess to much t carry on its backs due t cheap Esos!

mrcrab

112 posts

Posted by mrcrab > 2022-05-25 17:16 | Report Abuse

Volume dry up. Good sign. Wait for Bonus & dividen

titan3322

2,186 posts

Posted by titan3322 > 2022-05-30 11:02 | Report Abuse

I also hope SOP also do not further issue esos for subscription at below RM5.00 otherwise it will benefit the CEO and the gang and not the minority shareholders and it will further drive away potential investors both foreign and local the result will be shiok sendiri only lor

titan3322

2,186 posts

Posted by titan3322 > 2022-05-30 19:39 | Report Abuse

Everyday drop 2 to 5 % by next week will be below 4 liao so keep your money we kasi sailang lor

Abba84

973 posts

Posted by Abba84 > 2022-05-30 20:12 | Report Abuse

ESOS= PRICE DESTRUCTIVE

Posted by miracle_trader > 2022-05-31 09:28 | Report Abuse

hopeless counter. no buyers. company does not give good dividend to reward shareholders. Just busy enrich the insiders by ESOS. game over

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 10:02 | Report Abuse

Saya sudah kata itu operators, manipulators, esos ceo IBs diaorang boleh kasi lu mampus kalau ada bullet kasi sailang 5.30 hehe

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 10:05 | Report Abuse

Where got serious buyer buying stocks where the company keep on issuing esos at so much cheaper than the mother share maybe they want to depress the stock further so that the esos subscription price can be corresponding lower hehe

Posted by supersinginvestor > 2022-05-31 10:06 | Report Abuse

:-0

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 10:08 | Report Abuse

Promoters semua sudah hilang over to you calvintaneng !

Yau Yh

55 posts

Posted by Yau Yh > 2022-05-31 10:10 | Report Abuse

Nearing net asset value per share already!

Posted by supersinginvestor > 2022-05-31 10:17 | Report Abuse

Lol@titan3322

Posted by supersinginvestor > 2022-05-31 10:17 | Report Abuse

If come down it will be a good buy..lucky i never buy yet..:-)))))

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 10:20 | Report Abuse

@ Yau Yh actually SOP is now the cheapest oil palm counter in Bursa !

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 10:27 | Report Abuse

supersinginvestors if you still have lots of bullets you can start accumulate at the 5.50 level. I am not the hardcore promoter but I see value now for SOP. Bonus 1 for 2 is coming so at 11K divide by 3 it becomes 3.66 per share. Cheap or not cheap you tell me so 5.50 cum bonus is a good buy lor

Posted by supersinginvestor > 2022-05-31 10:30 | Report Abuse

Ok thanks..
This sop is very good counter...

casanwk

1,496 posts

Posted by casanwk > 2022-05-31 10:54 | Report Abuse

Smart $ is trading at price structure not at fundamental.
Next level support 530
Professional elliot wave trader is eyeing at that level...(edge over retailers

Yau Yh

55 posts

Posted by Yau Yh > 2022-05-31 11:10 | Report Abuse

For long term investors, you need to identify companies that have sound fundamentals and with a 'Moat' before deciding on buying and selling based on technicals. Cannot solely rely on TA. Long term, the 'moat' of the palm oil industry is land or specifically, scarcity of land for cultivation due to ESG activist.

casanwk

1,496 posts

Posted by casanwk > 2022-05-31 13:40 | Report Abuse

This pullback is most difficult to trade. Most of experienced trader will stay out of this. Today is last day of the month(monthly chart). Everybody is looking June candlestick: what message is delivering!

Abba84

973 posts

Posted by Abba84 > 2022-05-31 14:30 | Report Abuse

Titan 33: do u think it is safe t start accumulate at 5.50?

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 15:03 | Report Abuse

Abba84 unless it is deliberately press down I tot earlier on many people say it will surpass RM10 but most investment guru put it at between 6 to 7.25. I know talk is cheap we will wait for calvintaneng input hehe

Abba84

973 posts

Posted by Abba84 > 2022-05-31 15:11 | Report Abuse

Tx

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 16:20 | Report Abuse

Don't play2 Heng Yuan today down 50 sen

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 17:24 | Report Abuse

Hardcore promoters semua hilang now hehe

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 17:27 | Report Abuse

The weakened Ringgit against the USD is positive for the Palm oil exporters no BS again

Abba84

973 posts

Posted by Abba84 > 2022-05-31 17:29 | Report Abuse

Johzhang,calvin? So quiet...

Johnzhang

2,955 posts

Posted by Johnzhang > 2022-05-31 19:32 | Report Abuse

@Abba84, I have said enough in the past 1 year and the numbers are out there . I have nothing more to say. Hahaha..

Abba84

973 posts

Posted by Abba84 > 2022-05-31 21:01 | Report Abuse

Despite sop s splendid perfr.its price seems in ' obituary mode ' going south everyday ,this was after ESOS announcement ,19/May/022
Calvin saysIBs ar th culprits deliberately depressed pric down while i believe 2miilions esos shares ar th main reason .
Ur quick analysis?

titan3322

2,186 posts

Posted by titan3322 > 2022-05-31 21:34 | Report Abuse

It is true IBs coupled with manipulating syndicates could be the culprits make sure you have enough bullets to fight otherwise you will be shot in no time

Posted by Raymond Tiruchelvam > 2022-06-01 01:17 | Report Abuse

early feb 22, price was about 3.70 and today its 5.52; so thats 50% increse in price, and i believe it has absorbed the higher CPO into the price already, if price can stay around here will be good enough already, but there could be upside, coming from CPOprice breaching 7,000 or prolonged soviet war, or further RM rate deterioration... but far fetched wishful thinking if you ask me.... better to turn to CPO counters where the price increase is about 15-30% compared to early Feb - where the price has upside left.

Abba84

973 posts

Posted by Abba84 > 2022-06-01 07:11 | Report Abuse

If its IBs manipulating price. How do we know n confirm ed? N 4 long they wud keep pressing down?

titan3322

2,186 posts

Posted by titan3322 > 2022-06-01 15:30 | Report Abuse

5.69 back to 5.50 tats why the call this counter paling sial !

Yau Yh

55 posts

Posted by Yau Yh > 2022-06-02 14:00 | Report Abuse

To put the valuation of SOP into perspective, Assuming EPS of 30 cents for June quarter, Net Assets per Share will be 5.50 and market cap of 3 billion, hypothetically, someone or company with deep pockets can buy it at book value for a mere USD 750m or SGD 1b for a company with land holdings larger than Singapore.

titan3322

2,186 posts

Posted by titan3322 > 2022-06-02 16:08 | Report Abuse

Ambil lah ko CEO Wong ada banyak esos mari2 sape mau saya kasi hehe

mrcrab

112 posts

Posted by mrcrab > 2022-06-02 16:30 | Report Abuse

No volume & ESOS will make it worse. CEO, COO, CFO been selling.

Abba84

973 posts

Posted by Abba84 > 2022-06-02 17:06 | Report Abuse

Those schedule meeting on 23 jun 022,agm kasi tanya mngent.hentam a blunder of esos,,!!

brian3381

1,888 posts

Posted by brian3381 > 2022-06-02 17:08 |

Post removed.Why?

titan3322

2,186 posts

Posted by titan3322 > 2022-06-02 17:20 | Report Abuse

brian3381plantation game not over yet many are still in the green today and CPO price will remain strong , only this sial counter is not doing well due to bad reputation on esos and CEO selling manipulators are adding oil to it !

Abba84

973 posts

Posted by Abba84 > 2022-06-02 17:26 | Report Abuse

Cpo futures well up nw 6700pr ton.
Agree wth titan only sop sudden esos is a big problem.

Abba84

973 posts

Posted by Abba84 > 2022-06-02 18:16 | Report Abuse

MPOC: Malaysia palm oil prices seen trading above RM6,000 in 2022
Mei Mei Chu
/
Reuters

June 01, 2022 17:22 pm +08

brian3381

1,888 posts

Posted by brian3381 > 2022-06-02 19:17 |

Post removed.Why?

calvintaneng

53,217 posts

Posted by calvintaneng > 2022-06-02 20:16 |

Post removed.Why?

titan3322

2,186 posts

Posted by titan3322 > 2022-06-02 21:24 | Report Abuse

The declaration of higher dividends will save the day. EPS for FY 2022 will excees RM1.00 why can't they give at least 35 sen as div for the FY 2022. If they declare another interim div of 25 sen I bet the stocks can shoot up to 6.00. Just look at BPlant stock price 1.08 but gives 7.5 sen as interim div and BPlant is nowhere near SOP so people are just hungry for cash div these days

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