Posted by CCWONG > 2022-03-01 14:08 | Report Abuse

For Q1/22 (Jan'22 - Feb'22 - Mar'22) FFB harvest for SOP is going to be good too.

For Jan'22, FFB harvest is 88,787 tons. Please check it out with its similar sized listcos' plantations' FFB harvests.

With CPO March'22 hitting RM7750/ton, and so on, again, SOP's Q1/22's financial performance will be another unprecedented one.

Last but not least, you work out SOP's estimated EPS and its expected share price comes in around May'22.

Posted by troy88 > 2022-03-01 16:01 | Report Abuse

Mr Steady SOP will march on..

Posted by happydynasty > 2022-03-01 16:15 | Report Abuse

A litter bit of SOP

Posted by enning22 > 2022-03-01 19:38 | Report Abuse

CPO hits all time high

Posted by Plantermen > 2022-03-01 21:48 | Report Abuse

This planter's bull still have legs to run. Planter's stock prices only reacted and started ascending & climbing recently { when CPO hit $5,500 - 5,800 per tonne} after JP Morgan issued a buy call. At this level hard to ignored planter's stock. Not a buy call just my own idea

Posted by gemfinder > 2022-03-01 22:41 |

Post removed.Why?

Posted by Johnzhang > 2022-03-02 06:52 | Report Abuse

FCPO Mar $8,170, Apr $7,435,
The exceptionally high premium for March and Apr delivery is due to international buyers scrambling to cover their edible requirement against hiccup of sunflower oil shipments from black sea.
The biggest beneficiary is SOP who now sell their production on spot or current month basis.
Earnings for FY2022 is going to be explosive!

Posted by Jonathan Keung > 2022-03-02 11:48 | Report Abuse

Same pattern of play........ TG from 4.50+ to 28.00 { prior to share split } Supermax push up to $26.00 + { prior to share split }

Posted by troy88 > 2022-03-02 11:51 | Report Abuse

Very solid performer SOP. No worries

Posted by luster > 2022-03-02 14:45 | Report Abuse

dumping at 6.49 ??

Posted by luster > 2022-03-02 14:46 | Report Abuse

COO, pls break 6.50

Posted by luster > 2022-03-02 14:54 | Report Abuse

TS, pls let it stay above 6.50

Posted by luster > 2022-03-02 14:57 | Report Abuse

JL, 7.50 ok ?

Posted by gladiator > 2022-03-02 15:02 | Report Abuse

Foreign funds like sop..

Posted by zillionkoh > 2022-03-02 17:00 | Report Abuse

dont get your hand burned.

Posted by Johnzhang > 2022-03-02 21:27 | Report Abuse

Based on conservative forward PE 10x , SOP should fetch more than $10/-

Posted by Johnzhang > 2022-03-02 21:37 | Report Abuse

More soya and corn farmers in US and Europe will shift to planting wheat as wheat return is better especially farmers are facing shortage of fertilizer and glyphosate . There is no hope of getting more edible oil from next season.
????????-
SINGAPORE/LONDON (March 2): The world's staple grains extended their blistering rally as Russia's war on Ukraine stifles shipments from some of the biggest suppliers.

Wheat futures rocketed past US$10 a bushel for the first time in more than a decade, and corn leapt to a nine-year high. Soybean oil also hit a record. That is giving fresh impetus to accelerating global food inflation, while the turmoil unleashed by Russia's invasion has the potential to dislocate markets for years to come.

The supply disruptions are likely to spill over into the next season, and potentially for even longer. Ukrainian farmers ? many engaged in the defence of their country ? appear unlikely to plant spring crops as usual, and Russia is facing sweeping penalties on its financial system. Plus, infrastructure is being damaged in the midst of the war.

Posted by gemfinder > 2022-03-02 21:42 |

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Posted by OTB > 2022-03-02 22:00 | Report Abuse

Johnzhang,
My advice to you, the share price cannot go up in a straight line. It needs a correction before it can move up north further.
I also like this stock, I just dare not chase it up further.
I will buy it when there is a correction.
I think the share price moved up like a rocket, it will correct. It is a matter of timing only.
Thank you.

Posted by gemfinder > 2022-03-02 22:05 |

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Posted by OTB > 2022-03-02 22:31 |

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Posted by OTB > 2022-03-02 22:36 |

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Posted by sg_tan > 2022-03-02 22:53 | Report Abuse

Palm oil earning will shot up a lot as long as the CPO price hover at around RM6,000. They are just like glove stock as the fixed cost will not move a lot... whatever increase in selling price will be recognised as profit.

Posted by Johnzhang > 2022-03-03 07:19 | Report Abuse

Mr OTB,

Fully agreed with you that share price can not go up in straight line. There were intermitent pullbacks in the past 2 weeks. The pullbacks were very well absorbed. We don't see a major correction is probably due to the fact SOP is still trading at single digit PE at today's price.
SOP made about 90sen in FY based on realised CPO price of averaging $4,500.
In the very likely event of CPO achieving above $5,500 for FY2022, SOP shall make an estimated $1.10 profit per share (CPO physical is $7,900 yesterday).
Forward PE is therefore very undemanding.
I don't think there is major correction until the price go further 20-30% higher.
Just my gut feeling to share.

Posted by gemfinder > 2022-03-03 08:03 |

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Posted by gemfinder > 2022-03-03 08:04 |

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Posted by OTB > 2022-03-03 10:00 |

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Posted by OTB > 2022-03-03 10:03 |

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Posted by Plantermen > 2022-03-03 10:15 | Report Abuse

Without disrespect to any parties. Gloves stocks was underrated & downplay by most anaylist in the initial stages. EVERY EXPERT was saying overprice and right to take profit. TG surged from initial $4.00+ { end of 2019} and surged to $28.00 { prior to thier share split & bonus} over a period of 8 - 9 months hitting thier high in August 2020. The same scenario was repeated in Supermax, Kossan, Harta. Just my 2 sen why the current stages or situation in the agro sector is entirely different from the past scenario. We are in the beginning of a super bull cycle for palm oil { borrowed the words from JP morgan}

Posted by sg_tan > 2022-03-03 10:19 | Report Abuse

opportunities to buy. their earnings will be super good assume that the CPO price hovers around RM6,500. With this CPO price, their earnings will be super high...

Posted by sg_tan > 2022-03-03 10:20 | Report Abuse

John, the earning will not be RM1.10 per share... the earning could be RM3 per share...

Posted by ipohwhitecoffee > 2022-03-03 15:55 | Report Abuse

Sila jaga SOP

Just keep & hold your SOP

Posted by troy88 > 2022-03-03 16:03 | Report Abuse

Just keeps raising the bar. Solid

Posted by awangngah > 2022-03-03 16:37 | Report Abuse

SOP has crossed RM6.66 a level set in 2012 as per TradingVIew chart

Posted by Johnzhang > 2022-03-03 16:59 | Report Abuse

Sg_tan, you must be dreaming. Hehe..
????????????
John, the earning will not be RM1.10 per share... the earning could be RM3 per share

Posted by gemfinder > 2022-03-03 17:09 |

Post removed.Why?

Posted by Johnzhang > 2022-03-03 18:47 | Report Abuse

There was a small price pullback in the early morning to about $6.30. The profit taking was again very well absorbed and the share price went higher to $6.68 at the close. A 38 sen gain from the low of the day. I guess investors see that SOP is still relatively cheap in term of its robust earnings prospect, strong balance sheet and management capabilities.

Posted by sg_tan > 2022-03-03 22:40 | Report Abuse

John, i have done the calculation based on last quarter result. And the result is based on CPO price at RM6,500.
my estimation is around RM3 to RM4 earning per share.

Posted by calvintaneng > 2022-03-04 08:41 | Report Abuse

SOP going to Rm10.00 is unstoppable

Any weakness or pullback is opportunity to add

Posted by Jonathan Keung > 2022-03-04 20:11 | Report Abuse

Normal for any pull back & profit taking. Nothing have changed strong growth in earnings

Posted by Johnzhang > 2022-03-05 05:01 | Report Abuse

The nuclear plant fire in Ukraine made people panic. I am glad that SOP is holding well amid such panic.

Posted by Johnzhang > 2022-03-05 16:08 | Report Abuse

If there is no worst development that can lead to nuclear war , SOP shall resume its uptrend next week.

Posted by skyjet > 2022-03-05 22:09 |

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Posted by Yau Yh > 2022-03-06 00:52 | Report Abuse

4 broad trends that will let you conclude the price trend of palm oil.
1) World population grew from 6 billion in year 2000 to 7.9 billion in 2021
2) Worldwide Palm oil production grew from 22.22 million Tons a year in 2000 to 71 million tons in 2020.
3) Land used for palm oil production was 10.39 million ha in 2000, peaked at 20.26 million ha in 2015 and now dropped to 18.92 million ha in 2018.
4) 68% of palm oil is used for food, 27% for industrial applications and 5% for bio energy.
What's clear is that population is growing while land available for palm oil is dropping, and usage of palm has added the bioenergy element.
Make your own conclusion on the price trend.

Posted by OTB > 2022-03-06 07:30 | Report Abuse

Yau Yh,
Very good information.
Good work.
Thank you.

Posted by VincentTang > 2022-03-06 16:51 | Report Abuse

Sell all steel stocks and palm oil stocks to buy MSC. Miss universe stock has just been changed from Hiaptek to MSC. MSC will be next PMBTECH. Target price for MSC is RM20.

Posted by Plantermen > 2022-03-07 06:50 | Report Abuse

Fair comment by above analyst. Don't forget Soybean farmers will switch to wheat { with the upsurge in Wheat prices} reducing the supply of SBO in the overall world edible oil market.

Posted by harold8990 > 2022-03-07 09:36 | Report Abuse

Finally the time to collect has come

Posted by Johnzhang > 2022-03-07 11:43 | Report Abuse

Malaysia is Asia?s ?new gold ?amid market volatility -Modular
March 07, 2022 10:03 am +08
(March 7): Modular Asset Management will increase its already long exposure to ringgit-denominated assets as they are the new gold amid increased market volatility, said strategist Wai Ho Leong.

Resource exporters like Malaysia are the new gold. It is in a unique sweet spot, being Asia?s only net energy and edible oil exporter, said Singapore-based Leong.

It will start to stand out in stark contrast to Thailand, India and the Philippines, which are among the largest importers of oil, metals and food, Leong added.

Posted by calvintaneng > 2022-03-07 13:11 |

Post removed.Why?