Posted by Alex Foo > 2017-09-05 09:38 | Report Abuse

land yield problem?

Posted by enning22 > 2017-09-05 12:54 | Report Abuse

cpo price up neary 40 ringgit today,to 2770 basis January 18, as there was talk that general production in Malaysia will be in decline as from end of October,then cpo price will climb even higher for last quarter of 2017, hopefully will reach 3000 rm psychology benchmark.

Posted by limch > 2017-09-06 09:36 | Report Abuse

Lotte EPS 6 sen can fetch RM 5.3 why SOP better EPS cannot? If talk abt CPO counter why IOI can fetch 4.52?

Posted by luckypunting > 2017-09-06 09:58 | Report Abuse

No one yet to promote this counter, many people has not found out the value .... but with the price slowly move up now, sure will catch ppl eye :D ... mid-long term can break 6.00 ?

Posted by Junichiro > 2017-09-06 10:29 | Report Abuse

It is a matter of perception. Likely there is no impetus for palm oil stock to rally. Daily movement in CPO prices doesn't have a big effect.
IOI is range bound.
Lotte move up because of speculation after a big fall. The news that hurricane in US may force a shortfall in supplies probably move the share up. But, are they are buying from Lotte or Pchem? We do not know unless u are an insider. New plants in China have already started production. But that is enough to move the share up.

Posted by limch > 2017-09-06 10:40 | Report Abuse

Maybank TP RM 4.9 a fake?

Posted by luckypunting > 2017-09-06 10:47 | Report Abuse

Regardless what, SOP is rallying from 3.50 to now is a FACT!

Maybank TP will materialize. :p

Personally, I wish for TP 6.00 ... haha :D

Btw, FCPO-Nov has broken 2750, probably can hit pass 2800 soon

Posted by enning22 > 2017-09-07 10:16 | Report Abuse

if SOP full year profit can reach 300 millians ringgit, so 4.5--5.00 ringgit share value is fare, and reasonable.On top of these , the profit in the future years must also maintain at these levels and kcpo price could maintain and trading at 2700-3000 ringgit for longer term..

Posted by Myway > 2017-09-07 20:08 | Report Abuse

SOP has good and prudent management. Current CPO price will definitely boost profit the next quarter too. It is hard to find a sizable plantation trading at single digit PE. My personal TP for SOP is $5.50.

Posted by rlch > 2017-09-08 07:27 | Report Abuse

TP RM 6 on forecast 2017 EPS about 50 sen implying PE only 12.

Posted by rlch > 2017-09-08 07:27 | Report Abuse

Malaysian palm oil price to 26-week high

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Thursday, rising more than 1 percent on expectations of positive news from the the European Union's (EU) decision on biodiesel anti-dumping duties.
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange rose 1.4 percent to 2,782 ringgit ($661.12).
Traded volumes stood at 57,957 lots of 25 tonnes each at noon.
Palm rose by up to 2,796 ringgit a tonne during intra-day trade, the highest price in six-and-a-half months.
"It is possible the market is bullish about the EU's upcoming decision, expecting a cancellation or deferment of the anti-dumping duties, which would be good for biodiesel exports from Malaysia," a Kuala Lumpur futures trader said.
Palm slid in earlier trade as the market reacted to a strengthening ringgit . The currency has firmed over the past three days, rising 0.68 percent on Thursday and returning to its November levels.
A more expensive ringgit makes palm oil less attractive to foreign buyers of the tropical oil.
Soyoil's steady performance, meanwhile, is expected to suport palm prices.
Palm oil prices are affected by movements in other edible oils that compete for a share in the global vegetable oils market.
MIDF Research said in a report on Thursday strong soybean oil prices should limit the downside for palm oil despite high palm oil inventories.
"Ongoing concern on soybean production has kept the soybean oil price strong at above 35 cents per pound in the CBOT market and this is supportive to palm oil," the report said.
A Reuters poll among planters, analysts and traders showed that Malaysian palm oil August stocks are expected to rise towards the 2 million tonne mark, with output still close to its strongest in two years.
The Malaysian Palm Oil Board is due to release production and export data on Sept. 11.
The soybean oil contract on the Chicago Board of Trade was up 0.9 percent.
The January soybean oil contract on the Dalian Commodity Exchange was down 0.3 percent, while January palm olein fell 0.5 percent. - Reuters

Read more at http://www.thestar.com.my/business/business-news/2017/09/08/palm-jumps-to-26-week-high-on-optimism-for-eu-anti-dumping-vote/#KZkolA4voPwy1k8h.99

Posted by 888888888 > 2017-09-08 10:07 | Report Abuse

4 today or next week? RM 4 come then can talk higher.

Posted by Sarawakians > 2017-09-08 11:37 | Report Abuse

Palm oil targets 2,811-2,836 ringgit range
http://www.theedgemarkets.com/article/palm-oil-targets-28112836-ringgit-range

Posted by rlch > 2017-09-08 15:43 | Report Abuse

SOP is 1 of Maybank stocks with has outperformance results in Q2 2017.

Posted by enning22 > 2017-09-11 16:01 | Report Abuse

KCPO price breaks RM 2800 today,and heading new seasonal high, as predicted earlier.Well RM3000, not too far away.If touches and all hell would breaks loose.

Posted by Jaack1 > 2017-09-11 16:03 | Report Abuse

Rich - can you share the latest Maybank report on SOP?
Thanks.

Posted by limch > 2017-09-11 21:23 | Report Abuse

Palm hits highest since March, lifted by favourable data
http://www.theedgemarkets.com/article/palm-hits-highest-march-lifted-favourable-data

Posted by hipster > 2017-09-12 10:05 | Report Abuse

is it going to cross 4.00?-)

Posted by enning22 > 2017-09-12 10:21 | Report Abuse

sure, no doubt about it.

Posted by luckypunting > 2017-09-12 10:35 | Report Abuse

Wow...3.97 now...breaking 4.00 today? :D

Posted by sysz820 > 2017-09-12 13:48 | Report Abuse

Sop up up up

Posted by Khoojack > 2017-09-12 21:56 | Report Abuse

SOPB Group's figures for the month of
July 2017 :-
M.TONNES
FFB 124,685
CRUDE PALM OIL 37667
PALM KERNEL 8,029

August 2017 :-
M.TONNES
FFB 123,012
CRUDE PALM OIL36,884
PALM KERNEL 7,374

Posted by luckypunting > 2017-09-12 22:14 | Report Abuse

average production volume increased, good

Posted by Khoojack > 2017-09-13 16:20 | Report Abuse

2017 output growth includes recently acquired SYOP

We expect FFB output to grow by 49% YoY in 2017. The strong growth will emanate from SOP’s recent acquisition of Shin Yang Oil Palm’s (SYOP) estates which added 23,798 ha in Dec 2016 or 40% of total planted area. SYOP’s contribution will be reflected on a full year basis in 2017. We expect SOP’s other estates to deliver 16% YoY FFB output growth.
Is it acquiry this company cause the large improvement?

Posted by luckypunting > 2017-09-13 16:36 | Report Abuse

just hit 4.00 .... closing how? :D

Posted by enning22 > 2017-09-13 16:38 | Report Abuse

closing price not that important, may be next week , price with move and trading above 4.00rm range, next target would be 4.50 rm

Posted by Khoojack > 2017-09-13 16:42 | Report Abuse

If this month can maintain such as last two month production volume, can predict next quarter EPS at least 12 cents above. Meanwhile, its 4,858ha Taniku Estate located at the fringe of Miri city, nice prospect company. Happy invest.

Posted by rlch > 2017-09-14 10:28 | Report Abuse

Not only make money from CPO but also property development? No wonder Maybank TP RM 4.9.

Khoojack If this month can maintain such as last two month production volume, can predict next quarter EPS at least 12 cents above. Meanwhile, its 4,858ha Taniku Estate located at the fringe of Miri city, nice prospect company. Happy invest.
13/09/2017 16:42

Posted by rlch > 2017-09-14 11:05 | Report Abuse

CPO again up today.
http://www.bursamalaysia.com/market/derivatives/prices/

Posted by Khoojack > 2017-09-14 15:29 | Report Abuse

So far this is pure plantation company, but I think should be release the value in future, many potential and probability. :D

Posted by enning22 > 2017-09-17 14:12 | Report Abuse

not just pure plantations , SOP has a refinary, and some properties developement,should refer to latest annual report.

Posted by VenFx > 2017-09-17 14:25 | Report Abuse

I'm impressed your way in dissection an investing from the Biz sensible way.
Keep the good work.

I'm enjoy reading your comments.
Tq

Posted by VenFx > 2017-09-17 14:28 | Report Abuse

Enning22 ,
I realised most your pick are from mid to big cap.

Frankly speaking, I'm start study some mid to big cap,
There are mostly at high premium.

I find your picks more suit my appetite.

Tq :)

Posted by Myway > 2017-09-17 18:49 | Report Abuse

SOP's Production July-Aug 2017 vs July-Aug 2016 (2 months) :

FFB up 25%
CPO up 22%
PK up 14%

On top of the above price for FFB, CPO and PK are more than 10-15% higher this qtr.

Mind you that all the above increase going to flow right down to bottomline as fixed cost will only increase marginally.

In summary, 3rd Q 2017 profit going to be very fantastic!
FY 2017 NPAT may surpass $0.50 per share. How much do you think this counter worth ?

Posted by 10bagger10 > 2017-09-20 14:48 | Report Abuse

5? 4.5
?

Posted by luckypunting > 2017-09-20 19:35 | Report Abuse

6.0 :p

Posted by Khoojack > 2017-09-21 07:22 | Report Abuse

Enning22 thanks for remind.
III) Property Development Segment
Weak sentiments towards property market prevailed during the year, in tandem with weak global economic climate. Tighter end - nancing policies exercised by banks / nancial institutions also dampened demand for property markets. The Group is prudent and cautious when launching new phases of property development.
During the year, 80% of affordable and medium - cost residential houses that were launched over the past 2 years had their construction completed and to-date take-up rate was reasonable. To enhance the intrinsic value of the residential houses, some units of commercial houses were launched during the year in the vicinity of the residential houses. The construction was still in - progress (approximately 20%) and to-date the take-up rate was reasonable.
The Group’s property segment recorded a pro t after tax of RM1.92 million for year 2016. Under the current weak demand for real property in the midst of weak global economic climate, contribution from this segment to the Group would not be signi cant at this stage

Posted by enning22 > 2017-09-21 11:26 | Report Abuse

maybk projecst tp=4.90. luckpunting suggested figure. =6 rm and i believe the figure 6rm is realistic, provided kcpo price can maintain at or above 2700rm for long extended period of time, and thus the net annual profit can attain 300millians or above ..

Posted by Khoojack > 2017-09-21 11:58 | Report Abuse

This counter palm age high percentage young,high produce, profit will increase higher because still a lot land available, conclusion this company mangement did a good job.

Posted by kelvin62 > 2017-09-21 15:29 | Report Abuse

Please compare RM 6 CPO counter whether their EPS(profit) better than SOP. I can think is U Malacca. Anyone has other ideas?

enning22 maybk projecst tp=4.90. luckpunting suggested figure. =6 rm and i believe the figure 6rm is realistic, provided kcpo price can maintain at or above 2700rm for long extended period of time, and thus the net annual profit can attain 300millians or above ..
21/09/2017 11:26

Posted by luckypunting > 2017-09-21 21:40 | Report Abuse

kelvin62, you are right, UMCCA is comparable

UMCCA
R4Q EPS = 41.77
Share Price Closed = 6.55

GENP
R4Q EPS = 56.10
Share Price Closed = 10.50

CHINTEK
R4Q EPS = 39.73
Share Price Closed = 7.80

SOP
Q1 EPS = 12.02
Q2 EPS = 11.75
Q3 EPS = ??
Q4 EPS = ??
Share Price Closed = 4.00 --> only started to rally, still got room to up wor!!
If full year EPS = 12 x 4 = 48, reference with the above 3 stocks .... how SOP? :p

Posted by enning22 > 2017-09-23 22:01 | Report Abuse

to compare with UNITED MALACCA, let look at the total landbank and planted hectares.

UM total lankbank= 49,226 hectares,planted 32k , unplanted 15k,
SOP total landbank 120k ,planted hectares=87,744 hectares unplanted =30k

UM FFB monthly production =26,045 tonnes
SOP FFB monthly production =123,012 tonnes

and you can go with the rest, and you see the difference

Posted by limch > 2017-09-25 09:53 | Report Abuse

RM 6 pls come. U Malacca can why not SOP?

Posted by rlch > 2017-09-26 10:46 | Report Abuse

Maybank pick must support.

Posted by luckypunting > 2017-09-26 20:47 | Report Abuse

today bad market still can edge out +0.01 .... :D

Posted by BN_menang > 2017-09-28 11:10 | Report Abuse

Last day to buy below RM 4?

Posted by enning22 > 2017-09-28 16:37 | Report Abuse

digesting the newly issued esos-shares, once it is done , will climb new high.

Posted by BN_menang > 2017-10-02 11:48 | Report Abuse

SOP-stocks with momentum-TheEdge weekly. TP?

Posted by Khoojack > 2017-10-03 09:19 | Report Abuse

4.13 now. :D

Posted by luckypunting > 2017-10-03 09:25 | Report Abuse

Road to the Six Ringgit! :p