SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

3.27

Today's Change

+0.10 (3.15%)

Day's Change

3.10 - 3.29

Trading Volume

575,800


7 people like this.

3,358 comment(s). Last comment by Fabien _the efficient capital allocator 1 month ago

titan3322

2,670 posts

Posted by titan3322 > 2022-07-12 08:59 | Report Abuse

Shorties semua sudah hilang lor

beinvested

2,445 posts

Posted by beinvested > 2022-07-12 09:21 | Report Abuse

1. Short selling as allowed by the SC has got the pros and cons.
However, when the counter has the substance/good value as compared to the
market price, the short selling is not going to influence the reasonable market
price.
2. Short selling is also risky like buying the shares.

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-12 17:50 |

Post removed.Why?

titan3322

2,670 posts

Posted by titan3322 > 2022-07-12 20:29 | Report Abuse

This one I agree but don't forget to reward the minority shareholders with higher cash dividends and not issuing more esos ya otherwise the
vicious cycle keep repeating ok ?

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-12 22:41 | Report Abuse

EXCELLENT JUNE FFB FOR SOP( 5126) LATEST REPORT SHOWS AUG 2022 WILL BE FANTASTIC, Calvin Tan

https://klse.i3investor.com/web/blog/detail/NOW/2022-07-12-story-h1626104986-EXCELLENT_JUNE_FFB_FOR_SOP_5126_LATEST_REPORT_SHOWS_AUG_2022_WILL_BE_FA

Posted by StartOfTheBull > 2022-07-12 23:21 | Report Abuse

Fruit production improved likely means labour issues has been. resolved.

titan3322

2,670 posts

Posted by titan3322 > 2022-07-14 20:37 | Report Abuse

Ex bonus price will be adjusted to 2.60 but post bonus its earning per share will be comparable to Sime plant, just look at what's the price of Sime plant. To me it is either SP is overvalued or SOP is grossly undervalued

titan3322

2,670 posts

Posted by titan3322 > 2022-07-15 12:08 | Report Abuse

Some facts. Most of the esos were excercised at 3.60 and probably most waited for the bonus but thier ex price is 2.40 only so you can expect some monkey trades to go on for a while hehe

Posted by supersinginvestor > 2022-07-15 14:53 | Report Abuse

Death spiral...

Posted by supersinginvestor > 2022-07-15 14:53 | Report Abuse

Rm 2 on the way...

titan3322

2,670 posts

Posted by titan3322 > 2022-07-15 15:06 | Report Abuse

Haha supersinginvestor ok
I will put a bus at 2.02 !

Posted by supersinginvestor > 2022-07-15 18:28 | Report Abuse

Ok titan i oso join u at rm2..

Posted by BursaVulture > 2022-07-16 10:30 | Report Abuse

Run, Glove 2.0.
Run while you can, better lose 10% now than to lose 90% later. Run.
Calvin is conman.

Posted by supersinginvestor > 2022-07-16 17:32 | Report Abuse

Once palm oil turn to sheets very hard to turn around la....
Wait a few years..u just holding bs...
Better keep ur money wait a while n go into tech growth stock...much much better...ok guys...

beinvested

2,445 posts

Posted by beinvested > 2022-07-18 16:11 | Report Abuse

Remarks 1:

"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 18 July 2022 with bonus issue of SOP shares, any shareholder who is entitled to receive SOP bonus issue shares, may sell any or all of his SOP shares arising from the bonus issue beginning the Ex-Date (15 July 2022)

Remarks 2 :

The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 19 July 2022, being the next market day after the Entitlement Date.

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-19 00:13 |

Post removed.Why?

Posted by wallstreetrookie > 2022-07-19 11:56 | Report Abuse

Bloomberg TV - Dorab Mistry says Palm Oil futures will drop to RM2500 - RM3000 if Ukraine war ends (September 2022)
11.55 a.m.

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-19 16:34 |

Post removed.Why?

titan3322

2,670 posts

Posted by titan3322 > 2022-07-19 21:05 | Report Abuse

As long as this SOP does not have a dividend policy in place but chose to rewards their own people with cheap esos, however good profit it make will be meaningless. The logic is that if a high dividend is distributed to all shareholders, everyone will benefit including the owners and directors too. That is not to say Esos is not good but it should be an one off kind of things and should not be given again otheweise this counter remained the playground of the manipulating syndicates and some interested parties. As it is now its earnings are comparable to IOI and Sime Plant but the share price is far apart there must be some reasons behind it

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-19 22:56 | Report Abuse

Sop has for the 1st time declared an interim dividend
Now a bonus issue

Esos was Rm3.60 and unlike genetec Esos at deep discount

So they only earn a little from Esos in comparison for the multi millions profit generated

See the whole picture

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-20 15:44 |

Post removed.Why?

titan3322

2,670 posts

Posted by titan3322 > 2022-07-21 09:44 | Report Abuse

JP Morgan upgrade IOI to buy from neutral raising its TP to RM5.00 but no one has a buy call on SOP except HLeong although SOP earnings is far more superior than IOI even post bonus issues. The only difference is that IOI has some upstream activities

titan3322

2,670 posts

Posted by titan3322 > 2022-07-22 08:56 | Report Abuse

Another set of fantastic result for the 2nd qtr but price hardly move hehe

titan3322

2,670 posts

Posted by titan3322 > 2022-07-22 10:18 | Report Abuse

Ape macam ? record sales record profit pun tarak orang mau sebab imej tarak bagus hehe

titan3322

2,670 posts

Posted by titan3322 > 2022-07-22 10:20 | Report Abuse

Remenber esos ex bonus price is only 2.40 maybe still got few mil in their hands !

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-22 11:15 | Report Abuse

Sop got 10,000 employees

all working hard to make this co a great success

Klk long ago was only Rm3 to Rm4

now over Rm20

SOP with 300,000 acres palm oil now maturing will see exponential growth like Klk

now is the time to buy while cheap

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-22 11:16 |

Post removed.Why?

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-22 11:17 | Report Abuse

compared to Klk and Uplant Sop offers the very best value long term

just buy and hold

titan3322

2,670 posts

Posted by titan3322 > 2022-07-22 14:44 | Report Abuse

xboleh naik punya lah. I told you the esos flers their ex bonus cost is 2.40 and below only and probably millions are still there. The only catalyst for SOP is to declare a higher dividend after the announcement of the 2nd qtr results. Anything less than 10 sen will be anticlimax however good the result would be

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-23 21:30 |

Post removed.Why?

titan3322

2,670 posts

Posted by titan3322 > 2022-07-27 12:30 | Report Abuse

Apa mcm hari ni manipulator kasi op turun lah bcoz they know no instituitional buyers come to support so they main2 among themselves only lah

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-07-27 16:06 | Report Abuse

SOP

VERY POWERFUL EARNINGS & BRIGHT FUTURE

ANOTHER POTENTIAL BLUE CHIP LIKE KLK

IN YEAR 1999 KLK WAS ONLY RM3 TO RM4

STEADY GROWTH AND INCREASING DIVIDEND FROM 12 SEN (1999) TO 53 SEN DIVIDEND (2009)

OPUSHED KLK OVER RM20.00

ONCE SOP STARTS INCREASING DIVIDENDS SOP WILL GO UP LIKE KLK

beinvested

2,445 posts

Posted by beinvested > 2022-07-28 11:16 | Report Abuse

After the bonus issue, if the price is below RM2. 66, the venture is not profitable yet.

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 11:57 | Report Abuse

Lai lai lai wa kasi lu 2.90

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 11:59 | Report Abuse

@beinvested your price may be 2.66 but esos flers below 2.40 !

beinvested

2,445 posts

Posted by beinvested > 2022-07-28 12:30 | Report Abuse

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sarawak Oil Palms Berhad ("SOPB" or "Company") wishes to announce that it has offered the options under the Employees' Share Option Scheme ("ESOS") to the eligible employees of SOPB Group.



The details of the offer are as follows: -



Duration of ESOS

19 September 2017 to 18 September 2027

Date of Offer

12 April 2022

Number of options offered

1,543,100

Exercise price of option offered

RM 5.18

Closing price of SOPB's share on the date of the Offer

RM 6.20

Vesting Period of the Option offered

Financial Year Ending 2022 - 20 % of total offer

Financial Year Ending 2023 - 20 % of total offer

Financial Year Ending 2024 - 21 % of total offer

Financial Year Ending 2025 - 19 % of total offer

Financial Year Ending 2026 - 20 % of total offer



This announcement is dated 12 April 2022.

beinvested

2,445 posts

Posted by beinvested > 2022-07-28 12:35 | Report Abuse

Titan3322,
i bought at RM4.02 before the bonus issue

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 13:43 | Report Abuse

@beinvested more than 3 mil esos were excercised at 3.60 and below. Can check with bursa website. If you buy cum bonus at 4.02 you ex bonus price should be 2.68. Today the stock touched 2.78 still not bad lah

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 14:18 | Report Abuse

I just found out it was actually more than 20 mil !

enning22

2,930 posts

Posted by enning22 > 2022-07-28 15:08 | Report Abuse

esos can only be not more then 10% on issued capital.

enning22

2,930 posts

Posted by enning22 > 2022-07-28 15:22 | Report Abuse

the great scenario is indonesian palm oil production. generally speaking ,indo produces 50 million ton of oil per year. own consumption ,for food 8 million ,biodessel b30 ,10 million, if they for B40, will use up to 13 million, the Rest for export, on average 30 million for export, how they price the product, Well, looks like 4000 per ton for. There is no glut on supply of the commodity.

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 15:50 | Report Abuse

@enning22 SOP has an issue capital of 890 mil shares. 10 % of it is how much bro ?

enning22

2,930 posts

Posted by enning22 > 2022-07-28 15:54 | Report Abuse

esos was issue before the bonus issue. that was was 580 million issused capital

enning22

2,930 posts

Posted by enning22 > 2022-07-28 16:15 | Report Abuse

esos was issued a few years back, on the way ,many had converted. so this not a immediate ,and current affair.

beinvested

2,445 posts

Posted by beinvested > 2022-07-28 16:58 | Report Abuse

So the staff are reaping the rewards from the ESOS lah. Good. At RM3.60 before the Bonus Issue.

titan3322

2,670 posts

Posted by titan3322 > 2022-07-28 20:05 | Report Abuse

@enning22 so 10% of 580 mil is 58 mil mil is that right. If all has been excercised b4 the bonus issue it is a whopping 58 mil shares but I can see the directors and the CEO have sold some of theirs holdings all above 6.00 cum bonus . There can be easily another 30 mil shares held by esos flers post bonus issues. So the ups and downs of SOP will depend on the daily CPO futures price at least it appears that way

titan3322

2,670 posts

Posted by titan3322 > 2022-07-29 10:37 | Report Abuse

When IBs want to issue call warrants the price would go up when the warrants are about to mature they will press it down looks like good time to issue some call warrants when CPO price is making a slow climb now

enning22

2,930 posts

Posted by enning22 > 2022-07-29 11:19 | Report Abuse

sop plantations are well developed, monthly profit is good, selling price 4000 rm /ton,while the cost is 2000 rm.
last quarter profit reported as 200 million,the coming quarter would be also 200 million,plus.
full year earning no less then 800 million, what more you want.

titan3322

2,670 posts

Posted by titan3322 > 2022-07-29 11:52 | Report Abuse

Since profit is so good I want a higher div. Don't ask me to long

Post a Comment
Market Buzz