Sarawak Oil Palms - Getting better and better

Sarawak Oil Palms posted an amazing Q2 result, balance sheet is getting better and better, not to mention strong cash flow. My only issue with SOP is their low dividend payout with no fix rate. If they decide to increase the payout, SOP will trade at UMCCA or other players valuation in no time. Hoping i could buy back below RM3.50. :p

Overall, im very bullish with palm oil industry and SOP.

p/s- Malaysia’s Aug'11 palm stocks down 5.6pc

Malaysia’s Aug palm stocks down 5.6pc

Malaysia’s August palm oil stocks fell 5.6 per cent to 1,884,560 tonnes from a revised 1,996,396 tonnes in July, industry regulator Malaysian Palm Oil Board said today.August’s fall exceeded market expectations that stocks in the world’s No.2 palm oil producer likely dropped 2.3 per cent to 1.95 million tonnes. - Reuters