SARAWAK OIL PALMS BHD

KLSE (MYR): SOP (5126)

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Last Price

3.37

Today's Change

+0.04 (1.20%)

Day's Change

3.28 - 3.37

Trading Volume

382,700


8 people like this.

3,362 comment(s). Last comment by Luen07 1 week ago

Mabel

24,260 posts

Posted by Mabel > 2022-05-08 08:58 | Report Abuse

https://www.bharian.com.my/bisnes/lain-lain/2022/05/952480/eropah-mula-beralih-kepada-minyak-sawit

Here is More Good New for Mabel Oil...

Huat Chaii...

Mabel

24,260 posts

Posted by Mabel > 2022-05-08 09:13 | Report Abuse

Oil prices are hitting all-time highs worldwide, creating long lines and panic buying. If that reads like an old story, consider this: we're not talking about fuel oil here. We're talking about food oil, and sunflower oil and palm oil in particular.

In the case of sunflower oil, it's because of a sharp decrease in supply due to the war in Ukraine. Russia and Ukraine together accounted for 75 percent of sunflower oil production before the war began, with Ukraine the world's largest exporter. With harvests in Ukraine stalled , and sanctions in place against Russian firms, production and exports have slumped: exports from Ukraine are down 95 percent since the invasion, and if the war grinds on, Ukrainian farmers risk missing their harvesting and planting windows.

The sunflower oil shortage has hit some Western countries particularly hard. Sunflower oil is one of the most popular cooking oils in Germany and the UK, both of which love their deep-fried foods and value (or valued) sunflower oil for its relatively low price point and comparatively high smoke point. The shortage has created runs on sunflower oil in both countries, with grocery stores rationing sales after shelves were cleared of all supplies, and some restaurants in Germany taking fries off the menu.

Mabel Farmeow

titan3322

2,739 posts

Posted by titan3322 > 2022-05-08 21:14 | Report Abuse

I would think the 6 sen final dividend is for FY ending 2021. The 1st qtr FY2022 result will be announced in the coming weeks which should be the all time high and possibly a first interim dividend would also be in the pipeline we would evaluate after this

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 09:18 | Report Abuse

Hahaha 12.00 ? 15.00 ? Esos flers got them at 2.21 to 3.60 sure mau jual lor

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 09:48 | Report Abuse

Promoters all diam2 today if got 12.00 surely sapu mah hehe. Calvin and gang also tarak sapu ka if so confident TP 10 12 15 hehe

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 10:07 | Report Abuse

Looks like all got conned hehe

Posted by supersinginvestor > 2022-05-09 10:12 | Report Abuse

:-0

firehawk

4,783 posts

Posted by firehawk > 2022-05-09 10:13 | Report Abuse

5.11% cheaper

Posted by supersinginvestor > 2022-05-09 10:21 | Report Abuse

Buy and hold..

casanwk

1,496 posts

Posted by casanwk > 2022-05-09 11:22 | Report Abuse

Haramic pattern? @ 1 hour
(Daytrade only)

casanwk

1,496 posts

Posted by casanwk > 2022-05-09 14:21 | Report Abuse

For trader going daytrade
We wait for signal n entry
C whether can bag 10 - 20 sen today!

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 14:52 | Report Abuse

I added some and wait for the bonus annoucement and see hehe

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 14:55 | Report Abuse

615 616 saya kasi support sikit lor hehe

casanwk

1,496 posts

Posted by casanwk > 2022-05-09 15:18 | Report Abuse

Signal is fired
We wait for entry!
This is a waiting game
(Price may collapse to 597 support)

titan3322

2,739 posts

Posted by titan3322 > 2022-05-09 16:01 | Report Abuse

Cepat beli lor CPO futures are trending up again lor xbeli at this price lu gi la

casanwk

1,496 posts

Posted by casanwk > 2022-05-09 16:44 | Report Abuse

Neck long2 , continue no entry
Tomorrow good day maybe can buy at 6rm
Good luck!

Posted by supersinginvestor > 2022-05-10 09:27 | Report Abuse

Go up la...

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 09:35 | Report Abuse

Hahaha buy la operators kuat main I can see buy for the bonus plantations still have many month to play la

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 09:50 | Report Abuse

Bila stock turun promoters semua diam2 je bila naik sikit bukan main cakap besar 10.00 la 12.00 la 15.00 la skrang abuk pun xde hihi

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 12:15 | Report Abuse

Ardy wiped off 20% apa macam

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 12:17 | Report Abuse

My TP now 6.80 only

mrcrab

114 posts

Posted by mrcrab > 2022-05-10 12:23 | Report Abuse

Too many ESOS.

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 14:26 | Report Abuse

Actually even if CPO price is 4.50 K to 5 K per tonne plantations will still reap in enormous profit and this can last for a year at least so fear not kawan2 but don't wait until 12.00 la hehe

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 14:28 | Report Abuse

This is a good price to re enter if you have sold yours no BS lah this time around you can listen to KYY la

casanwk

1,496 posts

Posted by casanwk > 2022-05-10 14:59 | Report Abuse

Next support 560 o 550
Smart $ looking at which level?

mrcrab

114 posts

Posted by mrcrab > 2022-05-10 15:04 | Report Abuse

Break 580 next support at 525

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 15:04 | Report Abuse

I ardy park a bus @ 5.80 not looking at technical but fundermental Msia market is too small can be easily cornered can see clearly operators are at work today coupled with esos profit taking

casanwk

1,496 posts

Posted by casanwk > 2022-05-10 15:09 | Report Abuse

Using price structure (monthly)
Price is forming a wedge
(Pullback)

Posted by supersinginvestor > 2022-05-10 15:19 | Report Abuse

I buy n hold..
My first target is rm12

Posted by supersinginvestor > 2022-05-10 15:26 | Report Abuse

Titan3322 u better dont buy lorr..u sell to me ok..
U.complain this share so much..
U look at qrs lorr..u blind ah. U think its worth rm6.8 only ah...lol..joker..

Posted by supersinginvestor > 2022-05-10 15:27 | Report Abuse

Even conservative research hse say rm7..
Wait till qr come out. U see lots of upgrades coming

Yau Yh

55 posts

Posted by Yau Yh > 2022-05-10 16:02 | Report Abuse

Just remember the limit down days during the glove rally and what happened after the limit down....

Posted by supersinginvestor > 2022-05-10 17:49 | Report Abuse

Lol
We dont eat gloves
And farm land is disappearing.
Compare apples n oranges ah. Joker.
Gosh no wonder sop going down got jokers comparing palm oil to gloves..gloves went up 1200% before correction..
Yes u r right maybe we should compare..lol

Posted by supersinginvestor > 2022-05-10 17:50 | Report Abuse

Yes yes gloves went up in stages 1200%..
Better buy palm oil stocks lots of stages ahead.

Posted by supersinginvestor > 2022-05-10 17:51 | Report Abuse

If u believe in inflation then only a few areas u can buy...
Oil n gas
Plantations
Metals
Banks
Nothing else is safe..

Posted by supersinginvestor > 2022-05-10 17:52 | Report Abuse

If u think inflation is controlled n fake then u buy
Growth tech m the rest

Posted by supersinginvestor > 2022-05-10 17:53 | Report Abuse

Gloves is cant go up in inflation is goes bust..for example.

Posted by supersinginvestor > 2022-05-10 17:55 | Report Abuse

My bets r in plantations oil gas followed by banks..this is for 1 to 2 years theme for me...

casanwk

1,496 posts

Posted by casanwk > 2022-05-10 17:56 | Report Abuse

Did price find support @580?
Let find out 2morrow?
Ong heng huat
( daytrade only

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 21:04 | Report Abuse

@ supersinginvestor ok I sell all to you at 6.80 tomolo

titan3322

2,739 posts

Posted by titan3322 > 2022-05-10 21:21 | Report Abuse

@ Yau Yh there is a world of difference between gloves and palm oil. For a start CPO price of RM4K to RM5K per tonne is going to stay for at least 1.5 yrs which means all plantations will record super profit throughout 2022 and beyond. Secondly the barrier of entry to gloves making is very low and start up time is very short too while it takes at least 6 yrs for oil palm to mature. Having say that I am not asking you to buy at 10.00 but take this opportunity to accumulate some at the current price which I consider is seriously undervalued. The selling could be done by the esos holders and IBs manipulation bcoz of the call warrants issued by them. Once the esos holders finished the selling the stock will rebound back to at least 6.50 maybe around 7.00 when the bonus ex date is announced. The rebounce can be as soon as tomorrow no BS !

calvintaneng

56,676 posts

Posted by calvintaneng > 2022-05-10 23:54 | Report Abuse

Sop is oversold

time to buy below Rm6.00

all just sapu KAW KAW

Yau Yh

55 posts

Posted by Yau Yh > 2022-05-11 08:02 | Report Abuse

Actually, what I meant was there will be days when the price drop significantly but if the fundamentals are strong, it will rebound so be prepared psychologically for such corrections and not panic sell.

Posted by supersinginvestor > 2022-05-11 09:58 | Report Abuse

Very cheap good price

Posted by supersinginvestor > 2022-05-11 09:59 | Report Abuse

I see this company got great future once bonus issue got good volume big funds come i sure become like klk

casanwk

1,496 posts

Posted by casanwk > 2022-05-11 10:00 | Report Abuse

Wow 27 sen - very fast
Don't be last person to buy
Hihihi

Posted by wallstreetrookie > 2022-05-11 12:32 | Report Abuse

This stock shouldn't drop that much

Posted by wallstreetrookie > 2022-05-11 12:32 | Report Abuse

SOP is better than TSH Resources

Posted by wallstreetrookie > 2022-05-11 12:33 | Report Abuse

Strong holders

Posted by wallstreetrookie > 2022-05-11 12:33 | Report Abuse

Less weak retail holders in this stock

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