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Top News In Sarawak Oil Palms Bhd Today - Breaking & Trending Today

CPO likely to hit above RM4,200 per tonne soon

Crude palm oil (CPO) stockpiles will likely fall below two million tonnes by the end of this month, potentially pushing the commodity’s prices higher in the near term. ....

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High palm oil stocks to pile pressure on prices

High palm oil stocks to pile pressure on prices
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Betong student thrilled with prospects from participation in Petronas BeDigital Bootcamp

KUCHING (Aug 27): Abang Mohamad Adeeb Abang Sulaiman was bent on joining the Petronas BeDigital Bootcamp the moment he found out about it.

The Betong-born Universiti Malaysia Sarawak (Unimas) student immediately packed his clothes and important documents into his backpack upon knowing that he was ....

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S'wak Oil Palms Bhd celebrates 55th anniversary with telematch at Lambir Estate

MIRI (July 9): Sarawak Oil Palms Bhd (SOP) celebrated its 55th anniversary with a telematch held at its Lambir Estate yesterday.

The telematch featured a wide range of engaging activities designed to cater for participants of all ages and fitness level besides providing an opportunity for SOP emp ....

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Corporate: Taking a closer look at Glenealy

Glenealy Plantations (M) Bhd is one of the many plantation companies listed on Bursa Malaysia that is not covered by the investment research community. But it hasn’t been missed by investors hoping to cash in on the rise in crude palm oil (CPO) prices since late June. Glenealy, which has oil palm estates in Sabah and Sarawak, saw its share price touch an intra-day high of RM5.95 on Oct 15. Trading of the illiquid stock also spiked on Oct 13. This was very much in line with the trading patterns of many of its peers, such as TSH Resources Bhd, Sarawak Oil Palms Bhd, IJM Plantations Bhd and Tradewinds Plantation Bhd, which saw their share prices hit 52-week highs on Oct 26. The CPO third-month contract nearly hit a two-year high of RM3,086 per tonne on Oct 28. Based on Glenealy’s earnings per share of 26.08 sen for FY2010 ended June 30, it is trading at a historical PER of 19.9 times, lower than that of close competitor IJM Plantations, which is trading at a historical PER of 25 times ....

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