SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

4.06

Today's Change

-0.13 (3.10%)

Day's Change

4.04 - 4.19

Trading Volume

272,800

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Discussions
6 people like this. Showing 50 of 3,198 comments

smoking

klse stocks all about goreng. fundamentals dont really matter hence p/e not important in this case.

1 week ago

titan3322

I really donno how many esos shares excercised, listed but still not sold yet. When the cheap esos shares have dried up then probably it can move up bcoz SOP is the cheapest plantation stock in bursa now

1 week ago

Abba84

Now this stock played in2 t hands of Esos players!

1 week ago

calvintaneng

Esos to reward all hard working honest staff of Employees very ok

They will have energy to work harder and make SOP great

now it's p/e among lowest in the industry with powerful earnings

(many co siphon and steal money leaving employees ho Cham and demoralised

Well Done SOP management!

Well Done all SOP staff
You guys deserve every Esos as reward

SOP will see glorious growth ahead

1 week ago

titan3322

Actually this stock does not attract big funds to buy only big manipulators to toy around taking advantage of the pressure from esos sellers

1 week ago

titan3322

If SOP keep on issuing esos with low excercise price I will dispose all my holding tats for sure.

1 week ago

supersinginvestor

Titan3322 u bought so many sop today until up 3.2%
:-0

1 week ago

titan3322

Bukan saya yang beli saya simpan peluru nanti 4.30 baru tembak hehe

1 week ago

Abba84

Titan3322: ur patience answered!
4.30 (closed)

1 week ago

supersinginvestor

Gosh. Rm4.30
So low madness...

1 week ago

titan3322

Closer to 4.00 even better coz not much gain for esos flers so no big dumping at this price and manipulators will also hilang hihi. But can tembak sikit at 4.30

1 week ago

titan3322

Plantations especially oil palm are cyclical. It is indeed a good defensive stocks to keep when the market turns ugly. Stock selection is the key word. Among the oil palm plantations SOP is one of the best choice but unfortunately when big funds see the Co. CEO has been selling his company shares agressively bcoz of large qty of esos he was given it does not give confidence to investors and compounded by low dividend yield this stock has not attracted big fund to come in a big way. Having said that when the price is closer to the esos excercise price it is definitely a good pick.

1 week ago

supersinginvestor

Titan3322 is right....
Sop is a good stock..but always remember to take profit when time..n buy back ..patience is important..oh n dont try bet against the fed

6 days ago

titan3322

When 4.20 is broken reload more bullets !

6 days ago

titan3322

Ambil la ko haha

6 days ago

mrcrab

More ESOS. Don't expect this SOP going anywhere.

6 days ago

titan3322

Orang naik kita turun orang turun kita pun turun ape mcm ya

6 days ago

titan3322

Can add some for the div and bonus

6 days ago

mrcrab

Latest div only 6 sen. Wish management is generous with div instead of ESOS. Bonus will dilute the EPS. CPO price under pressure currently coupled with increasing operating cost. Sorry to sound pessimistic but cannot see how SOP is attractive at this level.

6 days ago

titan3322

Mari2 3.60 ! saya sudah reload gun besar

6 days ago

titan3322

Mari kita main tembak skrang ex bonus price only 2.75 (4.12x2 divide by 3) sure can buy mah

5 days ago

titan3322

Previous promoters semua sudah hilang bila dia naik sikit baru muncul hehe

5 days ago

supersinginvestor

RIP SOP

5 days ago

calvintaneng

SOP

AT RM4.22 ITS P/E NOW ONLY 3.1

Out of 300,000 Acres palm oil lands 220,000 acres now fully prime matured
Sop is one of the more efficient producer of palm oil so it's cost is Rm2000 to Rm2200 inclusive of fertilizer and wage cost

Cpo at Rm4500 Sop still making a net Profit of 100%

plus one free bonus issue for two shares held and more dividend could be expected if Cpo maintain above Rm3500 to Rm5000 range

this time of weakness is good opportunity to buy

Regards
Calvin

5 days ago

titan3322

It does not really make sense when Sime Plant whose earnings is not even 60% of SOP but command a share price equal to that of SOP and a host of other plantations command a much higher PE than SOP something is not right lah

5 days ago

calvintaneng

Yes correct

SOP is mispriced by the market
Even insider director decides to exercise lots of esos in a time of bad sentiment and falling prices to pick up coming free bonus one for two now already approved by vote in Agm

5 days ago

calvintaneng

Earnings of Sop will be excellent for at least several more good years as palm oil prices will be well supported by world population growth, Ukraine conflict and scarcity due to climate change

5 days ago

titan3322

Although SOP is now the cheapest plantation stocks in bursa investors are still reluctant to but big bcoz this is one of the few stocks that offer large amount of esos to its owners (directors) and execs instead of rewarding the minority shareholders with higher cash dividends. Consequently we see only some retail investors and the manipulators and perhaps their own gang are there, and each day you see the stocks closed even lower. Having said that I would encourage investors to pick up some at this price level as the ex bonus price would become only around 2.80 which I think is cheap enough in spite of all the negative elements surrounding this stock

5 days ago

Abba84

The only yardstick to measure ur risk be4 buying SOP is to know when its price has tanked! With flurries of sellings by their directors due t ESOS i m doubtful if new investors will put their here n if, u buys high could u wen recover ur paper loses !

5 days ago

titan3322

Here are some simple maths, if they maintain the same div payout you are actually getting 50% more after the 1 for 2 bonus and if they decide to increase the quantum you are getting an extra bonus. If SOP is devoid of all the negative element mentioned it could easily command a price of above 4.00 after the bonus issue. I am not a hardcore promoter but I can condidently say if SOP does not do well no other plantation stocks will. Still I don't rule out the possibilities of it going down a little as there were some esos with an excercise price of 2.21 just listed and of course some interested parties at play too

4 days ago

titan3322

Sime Plant now 4.28 and SOP 4.19, in terms of earning per share Sime plant is nowhere near SOP. The reasons are obvious. It will be more exciting after the bonus issue when SOP would be adjusted to around 2.80 and EPS would be around the same as Sime plant then, so if SPlant can still command a price of 4.28 vs SOP of 2.80 ? only market guru can explain hehe

2 days ago

titan3322

They will make it to close at 4.18 hehe

2 days ago

calvintaneng

I see people complaining about Directors getting Esos at Rm3.60 about 10 million Sop shares

Don't be so small heart lah

Be generous to Directors
The combined paper profit only a mere Rm1.8 millions only

Look at the brighter side how latest Qtr Sop made almost Rm200 millions in profit

Forward to annual profit will be a whopping Rm700 million to Rm800 millions in real cash profits for Sop.
so Directors being rewarded with a combined gain of Esos at Rm1.8 millions just pea nuts

With such high profits plus free one bonus for two and possible more dividends SOP remain an attractive bargain now

1 day ago

titan3322

I disagree they need to reward minority shareholders with higher cash dividends. The voting at the AGM indicates this. This look like a controlled stock nobody dare to buy big but today will close green lah hehe

1 day ago

kinuxian

Question to ask is why directors are selling if good prospect and dividend ahead, what're the odds these directors with access to first hand information act illogically? They had been dump more than 10+ mil prior Jun, and added 11+ mil new ESOS lately, which likely hvnt digested by market (if they still selling).

Mill operators are expecting cheaper ffb too according to theedge news and sentiment is dampen by Indonesia move lately.

Btw, bonus issue just split the same cake into smaller size, the only advantage is provide better liquidity.

1 day ago

titan3322

They sold theirs all at sbove 6.00

1 day ago

Johnzhang

Too early to write off plantation stock! You will be very surprised to see the turnaround.

1 day ago

titan3322

Today will close green bcoz of the 6 sen div go ex tomorrow. Just imgine how important is the cash div !

1 day ago

titan3322

Yes game not over yet for plantations but ---

1 day ago

kinuxian

There might be a technical bounce by riding on coming good QR / potential better dividend. But in mid term, those bought at high 5.x to 6.x are stuck if fcpo floating around 4k+.

1 day ago

titan3322

After ex div mutah darah again lor

1 day ago

titan3322

Nah sudah muntah darah !

1 day ago

titan3322

Unless SOP declare a higher dividend in future and raise the esos excercise price to at least 4.50 I don't see this stock will attract big fund enough said

1 day ago

cedcan

Titan, macam this counter no any sign of comeback lo.

19 hours ago

Abba84

Sop has tumbled the most due t nonstop selling b esos holders.! Perhaps by now price attain s some stability by bottoming n heading fr reversal soon.

14 hours ago

VTrade

Volumn so kecil tentu voletile many

1 hour ago

wallstreetrookie

Useless VTrade manipulating SOP. Run

1 hour ago

titan3322

Yes heavily manipulated stock. So where is the TP RM10 ? 8, 7 ? 6 ? not even 5 maybe 4.00 got lah hehe

1 hour ago

titan3322

Even at 4.12 cum bonus looks very cheap ex bonus is only 2.75 compare it with Sime plant will make you compel to buy some hehe

1 hour ago

titan3322

Hahaha 4.04 buy some lah my take is even CPO fall to 4500/tonne SOP would still be able to make big money but don't be stingy on dividend lah woi !

1 hour ago

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