Posted by KingKKK > 2024-04-14 18:30 | Report Abuse

What is the IPO price and its PE?

Posted by calvintaneng > 2024-04-14 20:13 | Report Abuse

IPO price 62 sen
P/E 20.3
Submission for IPO will close by Tuesday 16th April 2024
listing is 30th April 2024

Posted by KingKKK > 2024-04-14 21:22 | Report Abuse

Thanks calvintaneng, u are a plantation stock supporter for long time!

Hope that the IPO will bring attention back to plantation sector.

Posted by MQTrader Jesse > 2024-04-15 11:03 | Report Abuse

Hi @KingKKK

Based on our research, if we follow a 3-year average PE ratio:

MKHOP: 11.26x
Chin Teck Plantation: 10.25x
TH Plantation: 10.88x
Innoprise Plantation: 11.05x
Rimbunan Sawit Berhad: Negative

The above companies have similar market caps ranging between RM 540 million and RM 740 million.

Posted by speakup > 2024-04-15 21:33 | Report Abuse

calvin got apply mkhop?