4 people like this.

5 comment(s). Last comment by speakup 1 month ago

KingKKK

374 posts

Posted by KingKKK > 1 month ago | Report Abuse

What is the IPO price and its PE?

calvintaneng

53,508 posts

Posted by calvintaneng > 1 month ago | 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

KingKKK

374 posts

Posted by KingKKK > 1 month ago | 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 > 1 month ago | 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.

speakup

25,307 posts

Posted by speakup > 1 month ago | Report Abuse

calvin got apply mkhop?

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