SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

2.34

Today's Change

+0.01 (0.43%)

Day's Change

2.33 - 2.34

Trading Volume

82,000


7 people like this.

3,478 comment(s). Last comment by titan3322 1 hour ago

casanwk

1,488 posts

Posted by casanwk > 2022-09-26 09:26 | Report Abuse

Spring down?
(Wyckoff theory)
Manipulation by pros!
Park @2.36

Posted by supersinginvestor > 2022-09-26 15:25 | Report Abuse

Palm oil over like gloves...
Read up to know why..
Good luck...

Posted by supersinginvestor > 2022-09-26 15:48 | Report Abuse

No same like gloves...
Read up m know it..
Sorry i cant spoon feed you...
I give u clue...
Vegetable oils now a national security for nations as gloves...
Gloves not only china la...lol...gloves now everyone make thier own...no one want china stuff lerr ..

Posted by supersinginvestor > 2022-09-26 15:50 | Report Abuse

Read up on
Adani-wilmar...
Palm oil over cos of alternatives..
Gloves same...
Sorry...
Get on with the flow...
Those who refuse to go with the flow will burn..
I withdraw all positive calls on palm oil...

titan3322

1,832 posts

Posted by titan3322 > 2022-09-29 19:39 | Report Abuse

Opportunity to buy much cheaper than esos price now. What do you think ?

Abba84

895 posts

Posted by Abba84 > 2022-10-06 13:27 | Report Abuse

Titan3323 looks likely the winner!
Kept buying wen pric lows..others throw h buys.
How many esos still around .wth directors?

Abba84

895 posts

Posted by Abba84 > 2022-10-06 17:05 | Report Abuse

Thanks,titan33

casanwk

1,488 posts

Posted by casanwk > 2022-10-11 16:13 | Report Abuse

Next order block 221- 222?

The1913Sun

142 posts

Posted by The1913Sun > 2022-10-17 14:12 | Report Abuse

is oil day coming?

The1913Sun

142 posts

Posted by The1913Sun > 2022-10-17 14:12 | Report Abuse

Investors should adopt a profit-taking strategy – given the continued uncertainty on Indonesia’s Domestic Market Obligation (DMO) policy impact, and with the recent change in tax structure which is punishing for companies that want to get an exemption. We downgraded three recommendations during the recent quarter’s reporting season. We maintain our NEUTRAL sector weighting.
The 1Q22 reporting season saw most planters booking results that beat expectations on the leveraged impact of higher CPO prices, with eight stocks above, one in line with, and five below expectations.
Production trends in Malaysia and Indonesia varied in 1Q22, with Malaysia’s output in 1Q22 rising 3.9% YoY, but falling 21% QoQ. For the Malaysian companies under coverage, however, we saw FFB output fall 3.5% YoY. In Indonesia, official numbers reported a CPO output rise of 9.5% YoY in 1Q22 and drop of 7% QoQ. However, we saw a mix of output trends from the companies we cover, with most posting double-digit YoY declines, while others posted flattish or double-digit growth in 1Q22, due to different weather patterns in different areas. Most planters in Malaysia are expecting production to recover further in 2H22, by a mid-to-high single-digit growth. Conversely, in Indonesia, most planters are expecting mid-single-digit growth, due to the high base effect in 2021.
Forward-selling activities picking up for 2H22. Despite average spot CPO prices of c.MYR6,183/tonne in 1Q22, most planters were unable to realise this, due to their exposure to Indonesia and some forward-selling activities. While we saw a less aggressive forward-selling stance in 4Q21, there has been a pick-up in forward-selling activities for the rest of 2022, as planters are nervous about the sustainability of high prices and the impact Indonesian trade policies will have on prices.
Malaysia’s CPO output was flattish (-0.1% YoY) in May, while stocks dropped 7.4% to 1.52m tonnes, due to a 26.7% MoM rise in exports due to the Indonesian export ban. Despite the lifting of this ban at end-May, we believe exports from Malaysia would not fall too significantly in June, given the logistics issues faced in Indonesia currently, as well as the difficulty in obtaining export permits. Stock levels could, therefore, remain low in June, and only pick up from July onwards.
Maintain NEUTRAL on sector, adopt a profit-taking approach. With the lifting of the Indonesia export ban, CPO prices and share prices of planters fell. As mentioned in our 20 May report (Plantation: Indonesia’s Export Ban Lifted, But What’s Next?), we advocated a profit-taking strategy, given the continued uncertainty on the DMO policy impact in Indonesia. In addition, the special USD200/tonne tax to get a DMO exemption would be punishing for players in Indonesia that are finding it difficult to obtain the necessary export permits to export their products.
In 1Q22, we cut our calls on Ta Ann and PP London Sumatra Indonesia to NEUTRAL (from Buy), and on Genting Plantations to SELL (from Neutral). We now have four BUYs, nine NEUTRALs, and one SELL call.

calvintaneng

50,325 posts

Posted by calvintaneng > 2022-10-19 13:35 | Report Abuse

Best time to buy Sop as it's p/e only 2 to 3

increasing dividend trend

strong insider support

with great future

The most profitable and most undervalue palm oil shares today

target price should be above Rm5 to Rm6 after bonus now

VTrade

2,434 posts

Posted by VTrade > 2022-10-19 13:44 | Report Abuse

Leets say
1.60 to 1.00
Total there is
600bips

2.5 to 5
There is only 2500 bips

Betul ?

Posted by StartOfTheBull > 2022-10-19 13:59 | Report Abuse

From Ta Ann forum:

titan3322

Can sell at this price lah woi nanti regret !

3 hours ago


titan3322

You bukan xtau counter ni kuat manipulasi pasti turun below 3.60 !

3 hours ago


Nepo

correct, sold all@3.66

2 hours ago

*********
What is this dude? Not knowing that plantations counters rides on the same boat?

Posted by StartOfTheBull > 2022-10-19 15:06 | Report Abuse

Titan3322 I didn't ask people to buy or sell any stocks and I know it is incorrect to do that.

Posted by StartOfTheBull > 2022-10-19 17:02 | Report Abuse

Good chance CPO back to above RM4,500 when La Nina expected to take its effects on FFB production starting around end of November this year.

calvintaneng

50,325 posts

Posted by calvintaneng > 2022-10-19 18:18 | Report Abuse

Sop

super value plus super growth stock

will see boom times ahead

Posted by EastWestTalker > 2022-11-09 16:33 | Report Abuse

is it time for oil already?? my bullets cant wait for it d

Posted by EastWestTalker > 2022-11-09 16:33 | Report Abuse

Maintain NEUTRAL on sector, adopt a profit-taking approach. With the lifting of the Indonesia export ban, CPO prices and share prices of planters fell. As mentioned in our 20 May report (Plantation: Indonesia’s Export Ban Lifted, But What’s Next?), we advocated a profit-taking strategy, given the continued uncertainty on the DMO policy impact in Indonesia. In addition, the special USD200/tonne tax to get a DMO exemption would be punishing for players in Indonesia that are finding it difficult to obtain the necessary export permits to export their products.
In 1Q22, we cut our calls on Ta Ann and PP London Sumatra Indonesia to NEUTRAL (from Buy), and on Genting Plantations to SELL (from Neutral). We now have four BUYs, nine NEUTRALs, and one SELL call.

Posted by EastWestTalker > 2022-11-14 13:27 | Report Abuse

oil still fine, still worth to hold

vale0111

160 posts

Posted by vale0111 > 2022-11-14 15:32 | Report Abuse

Malaysia's palm oil board on Monday warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.

The edible oils market has grappled with volatility triggered by recession fears, Russia's invasion of Ukraine and governments' curbing exports to protect domestic food supplies.

vale0111

160 posts

Posted by vale0111 > 2022-11-14 15:32 | Report Abuse

State agency Malaysian Palm Oil Council (MPOC) said flood-related supply worries combined with a weaker ringgit would keep prices of the edible oil between 4,000 and 4,400 ringgit a tonne until the end of December.

Prices would be 3,900 to 4,300 ringgit until March 2023, and slip further to 3,800 to 4,200 ringgit in the second quarter, said MPOC Chief Executive Wan Aishah Wan Hamid.

The futures contract was trading at 4,172 ringgit ($910.52) at midday on Monday.

The MPOC forecast Malaysia's 2022 crude palm oil production would shrink for a third year to 18.08 million tonnes, compared with 18.1 million tonnes last year. It sees Indonesia's production rising to 46.6 million tonnes from 44.7 million tonnes in 2021. - Reuters

Posted by dashengyong82 > 2022-11-15 15:44 | Report Abuse

In September 2022, the local palm oil stocks exceeded 2.3 million tonnes, the highest level in 18 months, but palm oil prices further declined to the lowest level since June 2021

Posted by dashengyong82 > 2022-11-15 15:44 | Report Abuse

For the medium term, the ongoing Russia and Ukraine conflict will still be a factor and palm oil supply growth will likely plateau next year.

“We forecast that price will likely remain between RM3,900 per tonne and RM4,300 per tonne until March 2023,” she said during her presentation at the Palm Oil Internet Seminar yesterday.

In terms of palm oil stocks, she said the Malaysian palm oil stocks had been on a declining trend from December 2021 to April 2022 resulting in higher prices recorded as stock levels have an inverse relationship to price. However, since May 2022, stock levels have been rising and prices have declined.

Posted by Praxeology > 2022-11-21 18:46 | Report Abuse

Sarawak Oil Palms Berhad is one of the leading palm oil producers in Malaysia. With over 40 years of experience, ерун are committed to providing high quality palm oil products to their customers.

calvintaneng

50,325 posts

Posted by calvintaneng > 2022-11-27 21:45 | Report Abuse

SOP results

YoY is up but QoQ down slightly

Total cash is up by Rm200 mil while debt is down by Rm200 millions

Cash less debt SOP now has Surplus cash of Rm500 millions

Being debt free SOP can certainly declare better dividends

calvintaneng

50,325 posts

Posted by calvintaneng > 2022-11-27 21:48 | Report Abuse

Correction

Cash is up by Rm200 mil
loan is down by Rm100 mil

Net cash after minus loan is Rm500 millions

SOP can give better dividend as it is now debt free and one qtr revenue alone over Rm1.3 Billion strong

yhyau77

4 posts

Posted by yhyau77 > 2022-11-29 08:06 | Report Abuse

With the world economy heading into stagflation, industries that will hold value are those producing essential basic goods and services and hopefully the plantation sector will remain strong given that palm oil is one of the cheaper sources of edible fats coupled with foreseeable higher bio fuel demand.
With healthy cash balances and balance sheets, opportunities abound to enhance capacities (increase land bank, downstream diversification, even Graphene from palm waste).

elyshh

3 posts

Posted by elyshh > 2022-12-02 14:23 | Report Abuse

Yes, it is important to be aware of potential manipulation of the market by the issuing bank. However, it is also important to be aware of the risks associated with trading in call warrants. Investors should understand the terms and risks associated with investing in call warrants before making any investment decisions. Additionally, investors should consult with a financial advisor or other professional before investing in any financial product.

Mabel

21,102 posts

Posted by Mabel > 2022-12-27 13:14 | Report Abuse

Haha Mabel just got from Mabel's Plantation..

Weather is beautiful today at our Plantation. As we about to cross 2022 checker flag, one of Mabel Sarawak Plantation has given dividend payment of RM0.10 per share, and in the last 12 months, the company paid a total of RM0.30 per share. Looking at the last 12 months of distributions, Ta Ann Holdings Berhad has a approximately 7.7% on its current stock price of MYR3.90. Dividends are a one of major sources of income for us farmers.

Life is so beautiful...

Hujan Emas 5G Techs sedang berkembang
Hujan Emas Banking sedang berlari lari
Hujan Emas O&G sedang bergelombang
Hujan Emas Sawit berbunga berseri seri

https://www.youtube.com/watch?v=lqOLC7-SBaI

Mabel the Farmeow

calvintaneng

50,325 posts

Posted by calvintaneng > 1 month ago | Report Abuse

SOP

Secret weapon of profit
the red palm oil

titan3322

1,832 posts

Posted by titan3322 > 1 month ago | Report Abuse

Only manipulators at work everyday has gone up quite a bit d

calvintaneng

50,325 posts

Posted by calvintaneng > 1 month ago | Report Abuse

FCPO REBOUNDING ABOVE RM4000 BY STRONG FUNDAMENTAL WILL SEE PALM OIL BULL RUN RESUMPTION, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-02-23-story-h-297401319-FCPO_REBOUNDING_ABOVE_RM4000_BY_STRONG_FUNDAMENTAL_WILL_SEE_PALM_OIL_BU

titan3322

1,832 posts

Posted by titan3322 > 4 weeks ago | Report Abuse

Can buy now !

SEE_Research

4,319 posts

Posted by SEE_Research > 4 weeks ago |

Post removed.Why?

SEE_Research

4,319 posts

Posted by SEE_Research > 4 weeks ago |

Post removed.Why?

SEE_Research

4,319 posts

Posted by SEE_Research > 4 weeks ago |

Post removed.Why?

SEE_Research

4,319 posts

Posted by SEE_Research > 4 weeks ago |

Post removed.Why?

titan3322

1,832 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

Hahaha today op kasi lu mati !

SEE_Research

4,319 posts

Posted by SEE_Research > 3 weeks ago |

Post removed.Why?

Yau Yh

50 posts

Posted by Yau Yh > 3 weeks ago | Report Abuse

Decent quarter results given the challenging environment.

titan3322

1,832 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

Hahaha actually the last qtr result is not too bad turning in an EPS of 5.45 sen. If you annualised it you will get an EPS of 21 sen and at the price of 2.64 the PE of this stock is only 13 which is cheaper than most plantation stocks in Bursa but because of its stingy div payout it never attract big funds however solid it is ! Btw when CPO price is back at above 4K per tonne I think it is ok to add SOP to your portfolio

titan3322

1,832 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

I recommend buy a this price. The downward pressure is not due to esos flers selling but operators at play. Remember their cost is 2.40 at 2.55 it is only 15 sen after holding for more than a year therefore not much incentive to sell now moreover there will be an dividend coming soon so you can actually buy some at this I ardy sapu all at 2.54 hehe

SEE_Research

4,319 posts

Posted by SEE_Research > 3 weeks ago |

Post removed.Why?

SEE_Research

4,319 posts

Posted by SEE_Research > 3 weeks ago |

Post removed.Why?

titan3322

1,832 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

RHB-OSK TP is 2.75 my TP revised upward to 2.90 due to higher CPO price going forward hihi

titan3322

1,832 posts

Posted by titan3322 > 3 weeks ago | Report Abuse

Tengok pun tau operator sendiri jual sendiri beli hehe

Yau Yh

50 posts

Posted by Yau Yh > 3 weeks ago | Report Abuse

Latest update on Sunflower production in Ukraine.https://www.agflow.com/agricultural-markets-news/ukraine-to-lower-sunseeds-output-by-42/

Yau Yh

50 posts

Posted by Yau Yh > 3 weeks ago | Report Abuse

Latest update on Sunflower production in Ukraine.
https://www.agflow.com/agricultural-markets-news/ukraine-to-lower-sunseeds-output-by-42/

Yau Yh

50 posts

Posted by Yau Yh > 3 weeks ago | Report Abuse

Latest update on Sunflower production in Ukraine.
https://www.agflow.com/agricultural-markets-news/ukraine-to-lower-sunseeds-output-by-42/
Looks like shortage coming.

Posted by StartOfTheBull > 3 weeks ago | Report Abuse

Refusing to declare dividend leading to share price drops?

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