SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

2.95

Today's Change

+0.01 (0.34%)

Day's Change

2.94 - 3.00

Trading Volume

82,500


7 people like this.

3,342 comment(s). Last comment by EngineeringProfit 5 days ago

titan3322

2,248 posts

Posted by titan3322 > 2023-10-18 17:07 | Report Abuse

Don't expect too much on the next qtr results it will probably be the same or worse than the preceding qtr !

titan3322

2,248 posts

Posted by titan3322 > 2023-10-31 09:20 | Report Abuse

Someone is defending it at 2.55 most probably an IB. Long expiry date (SEP 2024)for the 100 mil warrants issued. When the expiry date draw near kena lah ko 🤣🤣

titan3322

2,248 posts

Posted by titan3322 > 2023-11-16 09:26 | Report Abuse

Sell away the CR no way it can reach 2.80 by September 2024 only IBs will make money from you

titan3322

2,248 posts

Posted by titan3322 > 2023-11-17 15:34 | Report Abuse

Kakakaka CPO is near RM4000/tonnes next qtr ending December 31 will be beautiful !

calvintaneng

53,703 posts

Posted by calvintaneng > 2023-11-18 00:17 | Report Abuse

AT LONG LAST: LTAT OFFICIAL ACCEPTANCE FORM TO TAKE BPLANT PRIVATE IS OUT, What should you do next? Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-18-story-h-214372654-AT_LONG_LAST_LTAT_OFFICIAL_ACCEPTANCE_FORM_TO_TAKE_BPLANT_PRIVATE_IS_OU

titan3322

2,248 posts

Posted by titan3322 > 2023-11-22 11:26 | Report Abuse

Will likely report a poor set of results for qtr ending September 30 2023 🤔

calvintaneng

53,703 posts

Posted by calvintaneng > 2023-11-23 09:21 | Report Abuse

WHY SINGAPORE STRONGEST BANK DBS GROUP LOVES TO BUY MALAYSIA SMALL CAP PALM OIL STOCKS, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2023-11-23-story-h4959...

Mabel

23,338 posts

Posted by Mabel > 2023-11-26 09:33 | Report Abuse

https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm

India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.

Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.

Mabel Oil Production: MPOA 1-20 October 2023
Peninsular Malaysia: (+) 4.83%
Sabah: (+) 4.26%
Sarawak: (-) 0.54%
East Malaysia: (+) 2.99%
Total Malaysia: (+) 4.14%

titan3322

2,248 posts

Posted by titan3322 > 2023-11-27 16:15 | Report Abuse

If can't defend 2.55 then koyak d 🤣🤣

titan3322

2,248 posts

Posted by titan3322 > 2023-11-28 22:14 | Report Abuse

Already November 28 qtr results pun xberani release. I think must be bad. Taan ardy reported 31% lower profit but give 15 sen div which is very generous. The worst thing that can happen to SOP is reporting lower profit and give 4 sen div 🤔

titan3322

2,248 posts

Posted by titan3322 > 2023-11-29 20:43 | Report Abuse

Qtr released EPS = 10.62 which is not bad but still very stingy on dividends 🤣

titan3322

2,248 posts

Posted by titan3322 > 2023-11-30 19:48 | Report Abuse

Very low div yield as compared to other plantation Cos. Hope it doesn't issue any more ESOS further diluting its earnings. Does not reward shareholders unlike Taan etc. !

titan3322

2,248 posts

Posted by titan3322 > 2023-12-05 19:42 | Report Abuse

Tomorrow if break 2.55 habis liao 😆

titan3322

2,248 posts

Posted by titan3322 > 2023-12-06 16:59 | Report Abuse

Hahaha habis liao 🤣🤣

titan3322

2,248 posts

Posted by titan3322 > 2023-12-07 13:41 | Report Abuse

Sudah pi Holland 2.55 tarak support lagi 🤣🤣

titan3322

2,248 posts

Posted by titan3322 > 2023-12-15 21:13 | Report Abuse

Based on the delivered CPO price for October and November and the future price for December 2023 the earnings for qtr ending December 31 2023 could be worse than the previous Qtr !

yfchong

5,759 posts

Posted by yfchong > 2023-12-19 20:11 | Report Abuse

It is a chance to get cheap ticket 🎟

yfchong

5,759 posts

Posted by yfchong > 2023-12-22 07:18 | Report Abuse

Let's see how lar after 2/1 2024.

calvintaneng

53,703 posts

Posted by calvintaneng > 2024-01-08 08:14 | Report Abuse

PALM OIL COMPANY PROFITS IN YEAR 2019 VERSUS NOW IN 2024 (After 4 to 5 Years Show Excellent Growth, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-08-story-h-210649988-PALM_OIL_COMPANY_PROFITS_IN_YEAR_2019_VERSUS_NOW_IN_2024_After_4_to_5_Y

titan3322

2,248 posts

Posted by titan3322 > 2024-01-08 17:46 | Report Abuse

Comparatively an over valued stock in current CPO price environment !

Dehcomic01

307 posts

Posted by Dehcomic01 > 2024-01-20 09:04 | Report Abuse

Sarawak Oil Palms (SOP) is a Bursa plantation company. From a ROE perspective, it performed as good as my reference Bursa plantation company – KLK. From a fundamental perspective, it looks like a good company. https://www.youtube.com/watch?v=9KhboTCMdEg

But is it a good investment? A good investment in one that can enabled you to make money. So you have to buy when the price is reasonable. Its current market price is about half its 5 year peak. Its LTM ROE is also about half its 5 year peak.
https://i.postimg.cc/G2gjFDDC/SOP.png
You might think that there is no margin of safety. But its average dividend yield over the past year was about 3.5%. On the balance of probability, it is a company worth digging further into.

Posted by diuleiloumei > 2024-01-21 23:31 | Report Abuse

Finally it move

Posted by EngineeringProfit > 2024-02-16 10:10 | Report Abuse

Gua caya sama u, calvin. After selling close to 7.00, now I'm back for another round of profit$$$$

Posted by StartOfTheBull > 2024-02-16 15:01 | Report Abuse

Palm oil stocks are back in focus?

Posted by sohaitrader > 2024-02-27 15:50 | Report Abuse

good management ... memang boleh terbang..

Posted by sohaitrader > 2 months ago | Report Abuse

why so less ppl here for discussion ?

kelvinongbk

1,076 posts

Posted by kelvinongbk > 2 months ago | Report Abuse

Palm oil prices jump above RM4000 now

pang72

48,282 posts

Posted by pang72 > 2 months ago | Report Abuse

Wow!! 40% underrated.... $4.10..


OK! Note!!

pang72

48,282 posts

Posted by pang72 > 2 months ago | Report Abuse

Everyone followed SOP while covid...
Everyone still wanna follow SOP postcovid because exagriculture minister educated drink palm oil good for healthy so palm oil good selling now:)

icecool

4,824 posts

Posted by icecool > 2 months ago | Report Abuse

back to rm7 or rm 17 ?

calvintaneng

53,703 posts

Posted by calvintaneng > 2 months ago | Report Abuse

IF PALM OIL COMPANIES WILL GIVE OUT CONSISTENTLY HIGH DIVIDENDS: THEIR SHARE PRICES WILL RISE LIKE KLK, UTD PLANT OR INNOPRISE PLANT, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-08-story-h-186603663-IF_PALM_OIL_COMPANIES_WILL_GIVE_OUT_CONSISTENTLY_HIGH_DIVIDENDS_THEIR_S

Mabel

23,338 posts

Posted by Mabel > 2 months ago | Report Abuse

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

calvintaneng

53,703 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Real time Fcpo Rm4183!

calvintaneng

53,703 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Very happy evening all

We have selected RSawit to replace Bplant in Top 10 Palm oil Picks

RSAWIT (5113) A Palm Oil Turnaround Due to High Cpo over Rm4,100 MT Plus Very Very Undervalue Assets that are Easy to Liquidate for High Profits, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-13-story-h-186459631-RSAWIT_5113_A_Palm_Oil_Turnaround_Due_to_High_Cpo_over_Rm4_100_MT_Plus_

kelvinongbk

1,076 posts

Posted by kelvinongbk > 2 months ago | Report Abuse

Palm oil price hits RM4300++...nice!

kelvinongbk

1,076 posts

Posted by kelvinongbk > 1 month ago | Report Abuse

Palm oil prices above RM4500++....

Johnzhang

2,988 posts

Posted by Johnzhang > 1 month ago | Report Abuse

Waiting for it to break $4/-

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

Time to recollect again......returning next week

Johnzhang

2,988 posts

Posted by Johnzhang > 5 days ago | Report Abuse

Results for Q1 2024 :
Net profit +80% yoy on the back of higher production and lower cost of production.
Operating cashflow for Q1 is a massive +299.4M!
Excellent results

Posted by EngineeringProfit > 5 days ago | Report Abuse

Richer in cash. Decent dividend coming. TP 3.30.

The group is implementing an effective recovery strategy to enhance its production, which includes cost control measures and a replanting program. However, the industry will still face challenges due to global economic conditions and the declining prices of commodities.

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