1. Short selling as allowed by the SC has got the pros and cons. However, when the counter has the substance/good value as compared to the market price, the short selling is not going to influence the reasonable market price. 2. Short selling is also risky like buying the shares.
This one I agree but don't forget to reward the minority shareholders with higher cash dividends and not issuing more esos ya otherwise the vicious cycle keep repeating ok ?
Ex bonus price will be adjusted to 2.60 but post bonus its earning per share will be comparable to Sime plant, just look at what's the price of Sime plant. To me it is either SP is overvalued or SOP is grossly undervalued
Some facts. Most of the esos were excercised at 3.60 and probably most waited for the bonus but thier ex price is 2.40 only so you can expect some monkey trades to go on for a while hehe
Once palm oil turn to sheets very hard to turn around la.... Wait a few years..u just holding bs... Better keep ur money wait a while n go into tech growth stock...much much better...ok guys...
"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 18 July 2022 with bonus issue of SOP shares, any shareholder who is entitled to receive SOP bonus issue shares, may sell any or all of his SOP shares arising from the bonus issue beginning the Ex-Date (15 July 2022)
Remarks 2 :
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 19 July 2022, being the next market day after the Entitlement Date.
As long as this SOP does not have a dividend policy in place but chose to rewards their own people with cheap esos, however good profit it make will be meaningless. The logic is that if a high dividend is distributed to all shareholders, everyone will benefit including the owners and directors too. That is not to say Esos is not good but it should be an one off kind of things and should not be given again otheweise this counter remained the playground of the manipulating syndicates and some interested parties. As it is now its earnings are comparable to IOI and Sime Plant but the share price is far apart there must be some reasons behind it
JP Morgan upgrade IOI to buy from neutral raising its TP to RM5.00 but no one has a buy call on SOP except HLeong although SOP earnings is far more superior than IOI even post bonus issues. The only difference is that IOI has some upstream activities
xboleh naik punya lah. I told you the esos flers their ex bonus cost is 2.40 and below only and probably millions are still there. The only catalyst for SOP is to declare a higher dividend after the announcement of the 2nd qtr results. Anything less than 10 sen will be anticlimax however good the result would be
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sarawak Oil Palms Berhad ("SOPB" or "Company") wishes to announce that it has offered the options under the Employees' Share Option Scheme ("ESOS") to the eligible employees of SOPB Group.
The details of the offer are as follows: -
Duration of ESOS
19 September 2017 to 18 September 2027
Date of Offer
12 April 2022
Number of options offered
1,543,100
Exercise price of option offered
RM 5.18
Closing price of SOPB's share on the date of the Offer
@beinvested more than 3 mil esos were excercised at 3.60 and below. Can check with bursa website. If you buy cum bonus at 4.02 you ex bonus price should be 2.68. Today the stock touched 2.78 still not bad lah
the great scenario is indonesian palm oil production. generally speaking ,indo produces 50 million ton of oil per year. own consumption ,for food 8 million ,biodessel b30 ,10 million, if they for B40, will use up to 13 million, the Rest for export, on average 30 million for export, how they price the product, Well, looks like 4000 per ton for. There is no glut on supply of the commodity.
@enning22 so 10% of 580 mil is 58 mil mil is that right. If all has been excercised b4 the bonus issue it is a whopping 58 mil shares but I can see the directors and the CEO have sold some of theirs holdings all above 6.00 cum bonus . There can be easily another 30 mil shares held by esos flers post bonus issues. So the ups and downs of SOP will depend on the daily CPO futures price at least it appears that way
When IBs want to issue call warrants the price would go up when the warrants are about to mature they will press it down looks like good time to issue some call warrants when CPO price is making a slow climb now
sop plantations are well developed, monthly profit is good, selling price 4000 rm /ton,while the cost is 2000 rm. last quarter profit reported as 200 million,the coming quarter would be also 200 million,plus. full year earning no less then 800 million, what more you want.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
titan3322
2,726 posts
Posted by titan3322 > 2022-07-12 08:59 | Report Abuse
Shorties semua sudah hilang lor