Simple13 Trading IdeaSector Update:
The plantation index has been the strongest performing sector recently, showing resilience and upward momentum.
Stock Pick:
From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price.
Current Price: RM 3.55
Trading Pla
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0.50 MYR
446.75 M MYR
5.31 B MYR
250.24 M
About SARAWAK OIL PALMS BHD
Sector
Industry
CEO
Hee Kwong Wong
Website
Headquarters
Miri
Founded
1968
ISIN
MYL5126OO007
FIGI
BBG000BG30B5
Sarawak Oil Palms Bhd. is an investment holding company, which engages in the business of cultivating oil palms and operating palm oil mills. It operates through the Oil Palms and Property Development segments. The Oil Palms segment focuses on the cultivation, processing, refining, and trading of palm products. The Property Development segment includes developing residential and commercial properties. The company was founded in 1968 and is headquartered in Miri, Malaysia.
Sarawak Oil Palms Bhd (MYX: SOP)Current Price: 2.93 MYR
The stock has recently shown a strong upward movement, breaking above the 50-day and 100-day moving averages. Consider entering a position if the price stays above the 3.00 MYR level with confirmation from volume.
Primary Target: 3.30 MYR (short-term) based on the next resi
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SOP is 2.97 MYR — it has increased by 1.71% in the past 24 hours. Watch SARAWAK OIL PALMS BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange SARAWAK OIL PALMS BHD stocks are traded under the ticker SOP.
SOP stock has risen by 5.32% compared to the previous week, the month change is a −1.66% fall, over the last year SARAWAK OIL PALMS BHD has showed a −4.19% decrease.
We've gathered analysts' opinions on SARAWAK OIL PALMS BHD future price: according to them, SOP price has a max estimate of 5.09 MYR and a min estimate of 3.75 MYR. Watch SOP chart and read a more detailed SARAWAK OIL PALMS BHD stock forecast: see what analysts think of SARAWAK OIL PALMS BHD and suggest that you do with its stocks.
SOP stock is 2.38% volatile and has beta coefficient of 0.74. Track SARAWAK OIL PALMS BHD stock price on the chart and check out the list of the most volatile stocks — is SARAWAK OIL PALMS BHD there?
Today SARAWAK OIL PALMS BHD has the market capitalization of 2.61 B, it has decreased by −7.24% over the last week.
Yes, you can track SARAWAK OIL PALMS BHD financials in yearly and quarterly reports right on TradingView.
SARAWAK OIL PALMS BHD is going to release the next earnings report on May 26, 2025. Keep track of upcoming events with our Earnings Calendar.
SOP net income for the last quarter is 139.81 M MYR, while the quarter before that showed 121.81 M MYR of net income which accounts for 14.78% change. Track more SARAWAK OIL PALMS BHD financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SARAWAK OIL PALMS BHD EBITDA is 793.01 M MYR, and current EBITDA margin is 14.93%. See more stats in SARAWAK OIL PALMS BHD financial statements.
Like other stocks, SOP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SARAWAK OIL PALMS BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SARAWAK OIL PALMS BHD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SARAWAK OIL PALMS BHD stock shows the buy signal. See more of SARAWAK OIL PALMS BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.