Latest Forum Topics / Others | Post Reply |
SOP ? worth digging further
|
|
i4value
Senior |
20-Jan-2024 09:25
Yells: "i4value.asia" |
x 0
x 0 Alert Admin |
Sarawak Oil Palms (SOP) is a Bursa plantation company. From a ROE perspective, it performed as good as my reference Bursa plantation company &ndash KLK. From a fundamental perspective, it looks like a good company.   But is it a good investment? A good investment in one that can enabled you to make money. So you have to buy when the price is reasonable. Its current market price is about half its 5 year peak. Its LTM ROE is also about half its 5 year peak.   You might think that there is no margin of safety. But its average dividend yield over the past year was about 3.5%. On the balance of probability, it is a company worth digging further into. |
Useful To Me Not Useful To Me |