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KLSE (MYR): SOP (5126)

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Last Price

2.93

Today's Change

+0.11 (3.90%)

Day's Change

2.85 - 2.93

Trading Volume

542,300


7 people like this.

3,356 comment(s). Last comment by goldenhope 1 day ago

titan3322

2,522 posts

Posted by titan3322 > 2022-06-24 09:17 | Report Abuse

Can add some for the div and bonus

mrcrab

114 posts

Posted by mrcrab > 2022-06-24 09:31 | Report Abuse

Latest div only 6 sen. Wish management is generous with div instead of ESOS. Bonus will dilute the EPS. CPO price under pressure currently coupled with increasing operating cost. Sorry to sound pessimistic but cannot see how SOP is attractive at this level.

titan3322

2,522 posts

Posted by titan3322 > 2022-06-24 10:00 | Report Abuse

Mari2 3.60 ! saya sudah reload gun besar

titan3322

2,522 posts

Posted by titan3322 > 2022-06-24 11:56 | Report Abuse

Mari kita main tembak skrang ex bonus price only 2.75 (4.12x2 divide by 3) sure can buy mah

titan3322

2,522 posts

Posted by titan3322 > 2022-06-24 12:03 | Report Abuse

Previous promoters semua sudah hilang bila dia naik sikit baru muncul hehe

Posted by supersinginvestor > 2022-06-24 14:59 | Report Abuse

RIP SOP

calvintaneng

56,155 posts

Posted by calvintaneng > 2022-06-24 16:16 |

Post removed.Why?

titan3322

2,522 posts

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

It does not really make sense when Sime Plant whose earnings is not even 60% of SOP but command a share price equal to that of SOP and a host of other plantations command a much higher PE than SOP something is not right lah

calvintaneng

56,155 posts

Posted by calvintaneng > 2022-06-25 07:53 | Report Abuse

Yes correct

SOP is mispriced by the market
Even insider director decides to exercise lots of esos in a time of bad sentiment and falling prices to pick up coming free bonus one for two now already approved by vote in Agm

calvintaneng

56,155 posts

Posted by calvintaneng > 2022-06-25 07:55 |

Post removed.Why?

titan3322

2,522 posts

Posted by titan3322 > 2022-06-25 09:52 | Report Abuse

Although SOP is now the cheapest plantation stocks in bursa investors are still reluctant to but big bcoz this is one of the few stocks that offer large amount of esos to its owners (directors) and execs instead of rewarding the minority shareholders with higher cash dividends. Consequently we see only some retail investors and the manipulators and perhaps their own gang are there, and each day you see the stocks closed even lower. Having said that I would encourage investors to pick up some at this price level as the ex bonus price would become only around 2.80 which I think is cheap enough in spite of all the negative elements surrounding this stock

Abba84

982 posts

Posted by Abba84 > 2022-06-25 11:54 | Report Abuse

The only yardstick to measure ur risk be4 buying SOP is to know when its price has tanked! With flurries of sellings by their directors due t ESOS i m doubtful if new investors will put their here n if, u buys high could u wen recover ur paper loses !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-25 13:30 | Report Abuse

Here are some simple maths, if they maintain the same div payout you are actually getting 50% more after the 1 for 2 bonus and if they decide to increase the quantum you are getting an extra bonus. If SOP is devoid of all the negative element mentioned it could easily command a price of above 4.00 after the bonus issue. I am not a hardcore promoter but I can condidently say if SOP does not do well no other plantation stocks will. Still I don't rule out the possibilities of it going down a little as there were some esos with an excercise price of 2.21 just listed and of course some interested parties at play too

titan3322

2,522 posts

Posted by titan3322 > 2022-06-27 13:22 | Report Abuse

Sime Plant now 4.28 and SOP 4.19, in terms of earning per share Sime plant is nowhere near SOP. The reasons are obvious. It will be more exciting after the bonus issue when SOP would be adjusted to around 2.80 and EPS would be around the same as Sime plant then, so if SPlant can still command a price of 4.28 vs SOP of 2.80 ? only market guru can explain hehe

titan3322

2,522 posts

Posted by titan3322 > 2022-06-27 16:47 | Report Abuse

They will make it to close at 4.18 hehe

calvintaneng

56,155 posts

Posted by calvintaneng > 2022-06-28 12:09 | Report Abuse

I see people complaining about Directors getting Esos at Rm3.60 about 10 million Sop shares

Don't be so small heart lah

Be generous to Directors
The combined paper profit only a mere Rm1.8 millions only

Look at the brighter side how latest Qtr Sop made almost Rm200 millions in profit

Forward to annual profit will be a whopping Rm700 million to Rm800 millions in real cash profits for Sop.
so Directors being rewarded with a combined gain of Esos at Rm1.8 millions just pea nuts

With such high profits plus free one bonus for two and possible more dividends SOP remain an attractive bargain now

titan3322

2,522 posts

Posted by titan3322 > 2022-06-28 12:35 | Report Abuse

I disagree they need to reward minority shareholders with higher cash dividends. The voting at the AGM indicates this. This look like a controlled stock nobody dare to buy big but today will close green lah hehe

titan3322

2,522 posts

Posted by titan3322 > 2022-06-28 16:08 | Report Abuse

They sold theirs all at sbove 6.00

Johnzhang

3,095 posts

Posted by Johnzhang > 2022-06-28 16:12 | Report Abuse

Too early to write off plantation stock! You will be very surprised to see the turnaround.

titan3322

2,522 posts

Posted by titan3322 > 2022-06-28 16:12 | Report Abuse

Today will close green bcoz of the 6 sen div go ex tomorrow. Just imgine how important is the cash div !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-28 16:15 | Report Abuse

Yes game not over yet for plantations but ---

titan3322

2,522 posts

Posted by titan3322 > 2022-06-28 16:28 | Report Abuse

After ex div mutah darah again lor

titan3322

2,522 posts

Posted by titan3322 > 2022-06-29 09:10 | Report Abuse

Nah sudah muntah darah !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-29 09:17 | Report Abuse

Unless SOP declare a higher dividend in future and raise the esos excercise price to at least 4.50 I don't see this stock will attract big fund enough said

cedcan

401 posts

Posted by cedcan > 2022-06-29 16:48 | Report Abuse

Titan, macam this counter no any sign of comeback lo.

Abba84

982 posts

Posted by Abba84 > 2022-06-29 20:59 | Report Abuse

Sop has tumbled the most due t nonstop selling b esos holders.! Perhaps by now price attain s some stability by bottoming n heading fr reversal soon.

VTrade

2,434 posts

Posted by VTrade > 2022-06-30 10:04 | Report Abuse

Volumn so kecil tentu voletile many

Posted by wallstreetrookie > 2022-06-30 10:05 | Report Abuse

Useless VTrade manipulating SOP. Run

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 10:12 | Report Abuse

Yes heavily manipulated stock. So where is the TP RM10 ? 8, 7 ? 6 ? not even 5 maybe 4.00 got lah hehe

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 10:30 | Report Abuse

Hahaha 4.04 buy some lah my take is even CPO fall to 4500/tonne SOP would still be able to make big money but don't be stingy on dividend lah woi !

Abba84

982 posts

Posted by Abba84 > 2022-06-30 13:45 | Report Abuse

Titan ...U mean tp 5-4 post bonus?

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 14:42 | Report Abuse

Sime Plant still in the green today but SOP is far more superior than Sime in terms of earning per share and net assets per share yet SOP price is so much lowet than Sime plant, do you know why ?

mrcrab

114 posts

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

Wait at 3.60

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 15:11 | Report Abuse

Enjoy ! yes closer to 3.60 very good

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 15:31 | Report Abuse

Hari lelong udang merah 1 kg 4.0 haha duit masih ada boleh lah beli sikit hehe

mrcrab

114 posts

Posted by mrcrab > 2022-06-30 15:52 | Report Abuse

Titan, does employee pick up ESOS at 3.60 took bank financing?

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 16:01 | Report Abuse

Today June 30 there is a reason why some stocks need to be pressed down and some up but buy SOP at this price the risk is getting lower and lower so just add a little lor

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 16:15 | Report Abuse

At 4.02 cum bonus will be only 2.68 ex bonus unbelievably cheap !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 16:17 | Report Abuse

When it is getting closer to 3.60 durian ni jamin dimakan !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 16:26 | Report Abuse

All plantations will still report very good profit for qtr ending June 30. Don't be gloves phobia haha. It is important to keep enough ammunition for the war !

titan3322

2,522 posts

Posted by titan3322 > 2022-06-30 16:34 | Report Abuse

mrcrab you asked a very good question even if they took bank loan there is absolutely no problem of repaying bcoz all made handsome profit unless the price fell below 3.60 that is a different story bro

Posted by supersinginvestor > 2022-06-30 16:52 | Report Abuse

The end....

Posted by supersinginvestor > 2022-06-30 16:52 | Report Abuse

All the targets rm12 rm10 rm7 all in the drain...
In the end no one cares...

Abba84

982 posts

Posted by Abba84 > 2022-06-30 20:55 | Report Abuse

Cpo futures in July,august up..but y plantation counters all sizzled!

Posted by StartOfTheBull > 2022-07-01 06:32 | Report Abuse

Next support RM3.80.

titan3322

2,522 posts

Posted by titan3322 > 2022-07-01 09:09 | Report Abuse

Enjoy ! ada bullets lagi kah ?

titan3322

2,522 posts

Posted by titan3322 > 2022-07-01 09:10 | Report Abuse

Closer to 3.60 is good

titan3322

2,522 posts

Posted by titan3322 > 2022-07-01 10:12 | Report Abuse

SOP financial controller sold 15000 shares at 4.25 on June 28 When the Co CEO, Financial controller and top execs selling their shares at this price do you expect foreign funds to support this stock ?

titan3322

2,522 posts

Posted by titan3322 > 2022-07-01 11:41 | Report Abuse

Hope afternoon they don't belanja us udang merah !

calvintaneng

56,155 posts

Posted by calvintaneng > 2022-07-01 19:04 | Report Abuse

Very excellent

Sop finally announced

ONE FREE BONUS ISSUE FOR TWO SHARES HELD

LAST DAY IS 15TH JULY

THOSE GOT ODD LOTS REMEMBER TO BUY TO ADD AND ROUND UP TO TWO FOR ONE FREE BONUS

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