Sarawak Oil Palms Berhad (7949-M) NAME No. of Shares Shares % 1 PELITA HOLDINGS SDN BHD 115,626,600 20.26 2 AMSEC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT – AMBANK (M) BERHAD FOR SHIN YANG PLANTATION SDN BHD 103,064,478 18.06 3 SHIN YANG PLANTATION SDN BHD 59,723,422 10.46 4 CIMB GROUP NOMINEES (ASING) SDN BHD EXEMPT AN FOR DBS BANK LTD (SFS-PB) 53,376,642 9.35 5 STATE FINANCIAL SECRETARY SARAWAK 44,969,000 7.88 6 LING CHIONG HO 27,547,600 4.83 7 UOBM NOMINEES (ASING) SDN BHD UNITED OVERSEAS BANK NOMINEES (PTE) LTD FOR PERRA GROUP LIMITED 18,057,085 3.16 8 HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR BNP PARIBAS SINGAPORE BRANCH (A/C CLIENTS-FGN) 12,572,228 2.20 9 AMSEC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT – AMBANK (M) BERHAD FOR LING CHIONG HO 12,500,000 2.19 10 DB (MALAYSIA) NOMINEE (ASING) SDN BHD EXEMPT AN FOR BANK OF SINGAPORE LIMITED 9,351,300 1.64 11 CIMSEC NOMINEES (TEMPATAN) SDN BHD CIMB FOR WONG ING YUNG (PB) 3,968,100 0.70 12 AMANAHRAYA TRUSTEES BERHAD PUBLIC STRATEGIC SMALLCAP FUND 3,900,100 0.68 13 KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR PEKAN MEGAH SDN BHD 3,857,142 0.68 14 PEKAN MEGAH SDN BHD 3,620,034 0.63 15 CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD (PHEIM) 3,222,700 0.56 16 CITIGROUP NOMINEES (TEMPATAN) SDN BHD KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (I-VCAP) 2,805,000 0.49 17 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR CHONG YIEW ON (6000006) 2,699,600 0.47 18 RHB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LAW KIONG HOLDINGS SDN BHD 2,546,000 0.45 19 UOB KAY HIAN NOMINEES (ASING) SDN BHD EXEMPT AN FOR UOB KAY HIAN PTE LTD (A/C CLIENTS) 2,405,836 0.42 20 CIMB COMMERCE TRUSTEE BERHAD PUBLIC FOCUS SELECT FUND 2,404,414 0.42 21 WONG HEE KWONG 2,345,600 0.41 22 AMANAHRAYA TRUSTEES BERHAD PUBLIC ISLAMIC TREASURES GROWTH FUND 2,313,257 0.41 23 AMANAHRAYA TRUSTEES BERHAD PB SMALLCAP GROWTH FUND 1,880,900 0.33 24 CITIGROUP NOMINEES (ASING) SDN BHD CEP FOR PHEIM SICAV-SIF 1,823,700 0.32 25 NEOH CHOO EE & COMPANY SDN BERHAD 1,417,800 0.25 26 ADINAMAJU SDN BHD 1,307,420 0.23 27 MAYBANK NOMINEES (TEMPATAN) SDN BHD MAYBANK TRUSTEES BERHAD FOR RHB CAPITAL FUND (200189) 1,157,142 0.20 28 MAYBANK NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR ERIC KIU KWONG SENG 1,141,457 0.20 29 CIMB GROUP NOMINEES (ASING) SDN BHD EXEMPT AN FOR DBS BANK LTD (SFS) 1,133,485 0.20 30 CITIGROUP NOMINEES (TEMPATAN) SDN BHD KENANGA ISLAMIC INVESTORS BHD FOR LEMBAGA TABUNG HAJI 976,400 0.17 file:///C:/Financial/SOP%20AR%202016%20-%20part%202.pdf
KUALA LUMPUR (May 4): Sarawak Oil Palms Bhd (SOP) has disposed of its entire 45% equity interest in Micaline Sdn Bhd for RM985,000 as the anticipated returns from the investment is not up to its expectation.
“The company decided that it is not feasible to continue the business,” SOP said in a filing with Bursa Malaysia.
Micaline is a shipping agency that owns and operates an oil and chemical tanker and a motor tanker for the shipment of palm oil.
SOP said the disposal is not expected to have any material effect on its earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings for the financial year ending Dec 31, 2017.
SOP’s share price closed down two sen or 0.56% at RM3.58 today for a market capitalisation of RM2.04 billion.
observing the price chart of crude palm oil, it hit a low last month , now gradually climbing to higher level, due to strong export demand,.so we would see better earning for plantation stocks;l.current stock price is attractively low, if investors can hold 6 months or more, i estimate ,they could reap healthy return.
if refer to Taann 1st.quarterly result which shows excellent profit, SOP has double acreage size and double FFB out put, theorectically should show incredible profit result,
currenctly the selling price of CPO is lowering due to the onset of annual high production cycle,and lower price ;may be this could be the reason,but third and fourth quarterly could see better cpo price and more positive sentiment,i diversified my portfolio with other stocks like , annjoo, and cimb ,they are doing good,good luck my friends.
Indonesia's palm oil stocks below 1 mln tonnes in April-GAPKI - Reuters News 31-May-2017 08:10:17 PM
JAKARTA, May 31 (Reuters) - Indonesia's palm oil stocks fell to 888,000 tonnes at the end of April, less than a quarter of the total at the end of 2016, the country's Palm Oil Association (GAPKI) said on Wednesday. Stocks fell as demand rose faster than production. Output in Indonesia, the world's top palm oil producer, is yet to fully recover from a long drought in late 2015. Stocks stood at 3.75 million tonnes at the end of last year and nearly 1.4 million at the end of March, GAPKI's data shows. Exports of all palm oil products, including oleochemical and biodiesel, totalled 10.7 million tonnes in January to April, up 23 percent from 8.7 million tonnes in the same period last year. Meanwhile, output rose 14 percent to 11.5 million tonnes in January to April, from the same four-month period last year
This counter i monitor more than a year. quarterly report keep glowing but the share price is keep down. dividend also maintain at 50 sen.Dont think they care investor feeling.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limch
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Posted by limch > 2017-05-03 16:11 | Report Abuse
Kim Loong also lower EPS(5.38 sen) why 11 sen higher?