SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

3.17

Today's Change

+0.02 (0.63%)

Day's Change

3.13 - 3.20

Trading Volume

360,200


8 people like this.

3,362 comment(s). Last comment by Luen07 4 days ago

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-23 08:06 | Report Abuse

Happy morning all

Sunflower oil running out soon

Canola oil skyrocketed past Usd1,150

I see SOP going up into Blue Chip over Rm10.00

Time is the essence of waiting and so we just hold tightly

Posted by wallstreetrookie > 2022-03-23 13:49 | Report Abuse

SOP is very stable, like KLK. Buy

CCWONG

290 posts

Posted by CCWONG > 2022-03-23 15:41 | Report Abuse

A loooooooooooooooooooooooooooooooot of collecting of SOP

Investorrr

680 posts

Posted by Investorrr > 2022-03-23 23:02 | Report Abuse

yea SOP is a blue chip stock

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-03-24 09:33 | Report Abuse

China Faces Worst Crop Conditions Ever Due to Climate Change

Bloomberg News08:30 AM IST, 23 Mar 2022
(Bloomberg) -- More extreme weather caused by rising global temperatures — compounded by geopolitical turmoil and the pandemic — is hindering China’s effort to ensure food supplies for its 1.4 billion population.

President Xi Jinping has made food security a priority for the world’s second-biggest economy, an effort to meet the soaring demand that’s pushed imports of corn, soybeans and wheat to record levels, making Beijing increasingly vulnerable to trade tensions and supply shocks. At the same time, climate change-induced disasters have caused widespread crop damage and shrunk the amount of arable land, making it harder to boost local production.

Tang Renjian, the country’s agriculture minister, brought up the threat at a high-profile government meeting in Beijing this month. “China faces big difficulties in food production because of the unusual floods last autumn,” he told reporters. “Many faming experts and technicians told us that crop conditions this year could be the worst in history.”

More than 860 people died or went missing in natural disasters last year, which damaged almost 30 million acres of crops. Record-breaking rains in the central province of Henan in July alone damaged 2.1 million acres of farmland. The floods delayed planting on more than 18 million acres of land, about one-third of China’s total winter wheat acreage. The amount of first- and second-grade crops, where there are more than 2.7 million seedlings on every acre of land, fell by more than 20% this year compared with normal years.

Climate change hurts China’s pursuit of food security in two ways, according to Zhang Zhaoxin, a researcher with the agricultural ministry. More frequent extreme weather events are already lowering crop yields. Meanwhile, increasingly unpredictable seasons can undermine farmers’ confidence and potentially worsen the sector’s existing labor shortage.

Farmers in northern China are used to droughts, not floods, Zhang said. In many of the regions that were affected by torrential rain last year, farmers couldn’t harvest their corn because their machinery couldn’t handle the water. There wasn’t enough infrastructure such as pipes and systems to drain the field in time.

Those issues are set to get more serious as the planet warms. Seasonal droughts will reduce yields of China’s three major staple foods — rice, wheat and corn — by 8% by the end of the decade, according to World Resources Institute. In the longer term, climate change also means rising coastal waters along the long and low eastern coal could further stress the agricultural industry.

“As climate change continues to intensify in coming years, weather events are going to have a greater and greater impact on agricultural productivity,” said Even Pay, an agricultural analyst with Trivium. Ramping up imports isn’t a viable alternative, she added, pointing out that global warming makes food cultivation more challenging globally. “Climate change felt in the rest of the world could also impact China’s food security,” she said.

Posted by Jonathan Keung > 2022-03-24 15:05 | Report Abuse

Good information

Posted by plantationgameover > 2022-03-24 19:16 | Report Abuse

sell all your plantation stocks now before too late. trend reversal coming

Plantermen

2,241 posts

Posted by Plantermen > 2022-03-24 22:10 | Report Abuse

Political parties are gearing up for a snap GE 15 election {dissolution of Parliament announcement} BN - UMNO win can be a feel good factor for the stock market. MOU signed between PH and ISMAIL end in June

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-25 06:10 | Report Abuse

SOP historic peak was Rm7.04. By mid 2022 should see this price overtaken

casanwk

1,496 posts

Posted by casanwk > 2022-03-25 09:08 | Report Abuse

Buy 573

casanwk

1,496 posts

Posted by casanwk > 2022-03-25 09:09 | Report Abuse

Buy 569

casanwk

1,496 posts

Posted by casanwk > 2022-03-25 10:46 | Report Abuse

Toady perfect weather to enjoy..
Market - positive
Plantation sector- positive
Fcpo - positive
Tighter supply from Indonesia even export export levy.....
Geopolitical tension- every countries is halting commodity export
Cheers

casanwk

1,496 posts

Posted by casanwk > 2022-03-25 15:07 | Report Abuse

Gogogo 660
Huat ah...

casanwk

1,496 posts

Posted by casanwk > 2022-03-25 15:10 | Report Abuse

After 660
We might see extension
That is the super third wave
Hold tight2 .

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-26 08:55 |

Post removed.Why?

enning22

2,932 posts

Posted by enning22 > 2022-03-26 14:04 | Report Abuse

it is wrong to say malaysian investors are not bullish on plantation stocks, but many prefered to buy lower prices companies ,like fgv, jtiasa,sime plant , boustead plant etc. Among these people is kyy. But alas, kyy listed those low price stocks ,we see these to be mismanaged ,and give low monthly cpo production. Still may be , more lower risk ,if luckier and be more profitable.

Plantermen

2,241 posts

Posted by Plantermen > 2022-03-26 14:27 | Report Abuse

KYY is a shrewd investor. What he said may not necessarily reflect his own true investment portfolio. Why must he reveal his actual interest to you?

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-26 14:51 |

Post removed.Why?

casanwk

1,496 posts

Posted by casanwk > 2022-03-26 19:38 | Report Abuse

Most of professional & shrew investors r quietly collecting sop. Once they collect enough they will announce and can see over in newspapers, magazines and radio. That the time Game almost over......

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-27 21:20 | Report Abuse

We will be steadfastly holding this Superstock of great growth in this superbull time

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

Hear hear

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

This company has the best name out of all plantation companies: "SOP"
Good name

Posted by wallstreetrookie > 2022-03-28 08:30 | Report Abuse

For traders:
Chinese companies especially distressed ones such as property are expected to submit their earnings before the deadline 31 March 2022. A lot of property companies could get delisted if failed to comply with regulations. CSI and Hang Seng could experience heightened volatility throughout this week.

Posted by Jonathan Keung > 2022-03-28 15:02 | Report Abuse

Property developers facing tough times. Good outlook for plantation

Posted by plantationgameover > 2022-03-28 15:38 | Report Abuse

run before too late. dont fall in love with a stock. desperate promoters here kikiki

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-28 21:54 |

Post removed.Why?

casanwk

1,496 posts

Posted by casanwk > 2022-03-29 14:50 | Report Abuse

Bat pattern ?
Next price target
A. 580
B. 620
C. 630
D. 670

titan3322

2,726 posts

Posted by titan3322 > 2022-03-29 14:55 | Report Abuse

This is the most undervalued plantation counter in Bursa at this price must add some lah bro

casanwk

1,496 posts

Posted by casanwk > 2022-03-29 15:03 | Report Abuse

Morning topup 552!

harold8990

349 posts

Posted by harold8990 > 2022-03-29 15:40 | Report Abuse

compare the healthcare bull trend and Plantation bull trend..we are only at mid point of the bull trend as of now.

Posted by plantationgameover > 2022-03-29 16:02 | Report Abuse

still dont want run ke? jajaja then prepare to cut loss soon!

casanwk

1,496 posts

Posted by casanwk > 2022-03-29 18:07 | Report Abuse

D bullish momentum is not over yet. Global mkt still shortage of cooking oil. If u use elliot wave count, the third wave is not over yet in yearly chart. I already took profit rm 20k + (sold all at 630) and still not bearish at all. Just to take advantage of the price structure. And continue to buy and topup at pullback. If u think if going to drop, u making a big mistake - u going to miss this great opportunity once in ur life time!

casanwk

1,496 posts

Posted by casanwk > 2022-03-29 18:48 | Report Abuse

Great news- European supermarket reverse ban of palm oil sale
Xheers!

titan3322

2,726 posts

Posted by titan3322 > 2022-03-29 21:11 | Report Abuse

CEO got cheap esos mah he dispose I sapu lah until he finished. He made 130% I can still make 50 % lor

titan3322

2,726 posts

Posted by titan3322 > 2022-03-29 21:16 | Report Abuse

Same as the Directors in Taan ealier on lah disposed2 now one of them turned buyer ardy hehe

titan3322

2,726 posts

Posted by titan3322 > 2022-03-29 21:18 | Report Abuse

Esos RM2.20 who donwant to sell at 5.50

titan3322

2,726 posts

Posted by titan3322 > 2022-03-30 10:02 | Report Abuse

Fear and greed are two common human instincts. Top gloves owner kept on buying their stock when it was 7.6.5.4.3. thinking they would rebound to previous high until they are fully exhausted here you have directors and owners selling thier stocks for 150% gain which they think is very good. The reality is both did the wrong thing hihi

harold8990

349 posts

Posted by harold8990 > 2022-03-30 10:04 | Report Abuse

Kretam keep on buying their own shares now

titan3322

2,726 posts

Posted by titan3322 > 2022-03-31 10:05 | Report Abuse

Esos flers sudah habis buang ka ? haha

titan3322

2,726 posts

Posted by titan3322 > 2022-03-31 10:08 | Report Abuse

IBs sudah balance korang punya call warrant ka? Lepas ni jangan ketejut bila naik sampai 7.00

calvintaneng

56,633 posts

Posted by calvintaneng > 2022-03-31 21:14 | Report Abuse

After short rest the Sop bull will resume

Just hold tight

titan3322

2,726 posts

Posted by titan3322 > 2022-04-01 09:51 | Report Abuse

Fantastic results for the coming qtr. Unless you got your shares cheap via esos conversion don't simply jual2 lor

harold8990

349 posts

Posted by harold8990 > 2022-04-01 11:34 | Report Abuse

this is a very critical time for plantation stocks...it can go either way now.

casanwk

1,496 posts

Posted by casanwk > 2022-04-01 11:37 | Report Abuse

Price at 38 fib retractment- 530
This is level of A pullback normally end
Sometimes it goes down and make a uturn and uptrend again.
Will this level 530 hold?

casanwk

1,496 posts

Posted by casanwk > 2022-04-01 11:50 | Report Abuse

Or smart $ prefer at 525 or 520?

casanwk

1,496 posts

Posted by casanwk > 2022-04-01 12:31 | Report Abuse

Topup 531

Posted by ANTONIO7979 > 2022-04-01 15:24 | Report Abuse

guys still can hold? stuck at 6.25. haiz

titan3322

2,726 posts

Posted by titan3322 > 2022-04-01 15:29 | Report Abuse

CPO futures morning was teruk but rebounded strongly lor

casanwk

1,496 posts

Posted by casanwk > 2022-04-01 15:34 | Report Abuse

Very2 badly oversold!
Looking 4 signal to topup

harold8990

349 posts

Posted by harold8990 > 2022-04-01 15:34 | Report Abuse

trade with cautions all..today is the fourth day SOP price dropped below MA20

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