SARAWAK OIL PALMS BHD

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

calvintaneng

56,155 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_


SOP GOT 300,000 ACRES (4 PENANG ISLAND OF 72.900 ACRES)

WILL BENEFIT

calvintaneng

56,155 posts

Posted by calvintaneng > 1 week ago | Report Abuse

please do think very carefully


see two macro picture


1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till


others




2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all


a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%


that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

calvintaneng

56,155 posts

Posted by calvintaneng > 2 days ago | Report Abuse

https://www.tradingview.com/symbols/MYX-FCPO1!/.

Many things out there now uncertain

But we keep to what we know

Cpo was Rm2600 MT in year 2020/1 when we started investing into 🌴🌴🌴

Now Fcpo over Rm3900 is up 50%

Even though fertilizer and wages are also up we still see a good margin of profit

So we will be content and keep safe

better to be safe than sorry

calvintaneng

56,155 posts

nash2233

90 posts

Posted by nash2233 > 2 days ago | Report Abuse

Top 25 shareholders own 99.13% of the company



no wonder the share price is stagnant .

goldenhope

292 posts

Posted by goldenhope > 1 day ago | Report Abuse

top 30 shareholders hold 88.32%

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