Posted by calvintaneng > 2 weeks ago | Report Abuse

Cpo Rm3800
cost of Cpo production for most Rm2000

so all palm oil companies are making up to 90% gross profit

cannot run from palm oil 🌴

can only run from others which show little or no real earnings

Just keep to safety of 🌴🌴🌴 🔥🔥🔥

Posted by harryliew > 2 weeks ago | Report Abuse

With good profit and generous dividend payout policy at 50% of their profit, it shall be a good long term investment!

Source:
The group's dividend policy is to distribute at least 50% of the group’s net profit at the discretion of the Board.
https://klse.i3investor.com/web/blog/detail/taresearch/2024-04-15-story-h-183805408-MKH_Oil_Palm_East_Kalimantan_Berhad_Fairly_Valued

Posted by calvintaneng > 2 weeks ago | Report Abuse

Palm oil companies got two long term favourable factors

1. palm oil is a cash crop
it is used as both food and biofuel

bio = life

it is oil from a living plant which need to be harvested every 2 weeks

unlike fossil fuel

fossil = dead

So palm oil cannot be stored long and must be harvested and sold for cash

Now that Palm oil cpo is over Rm3800 (cost Rm2000) the profits will be huge

and with such high profits all debts will be cleared fast

and with extra cash inflow palm oil cos can expand by buying more lands or give out cash as good dividends

2. palm oil assets are lands
and lands located in the direction of growth always go up in value over time

so when time is ripe

Development will cause palm oil lands to be repurposed into data center, sola farms, housing, industries and New Townships

that is why we buy and hold

Esp palm oil cos with good lands

they say

You don't wait to buy land
You buy land and wait

Same for palm oil cos with good landbanks

You don't wait to buy palm oil
You buy palm oil and wait

Posted by Cipta > 2 weeks ago | Report Abuse

The stock is going to hit 100mil unit trade today.

Posted by liferosak > 2 weeks ago | Report Abuse

after lunch fly🛫

Posted by iCashBooster > 2 weeks ago | Report Abuse

first day already show suih signal

Posted by iCashBooster > 2 weeks ago | Report Abuse

ipo price 0.62, give back 0.62. What for apply for ipo? joke company

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

Worst IPO debut. IPO at 63 sen. Now still at miserable 62-64 price range

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

So called oversubscribed 8 times. Q at bank. Interest and time spend waiting for result of balloting

Posted by Apple2353 > 2 weeks ago | Report Abuse

Useless IPO. now breakeven also cannot if factor in brokerage. shit IPO

Posted by StartOfTheBull > 2 weeks ago | Report Abuse

Net asset 58c only.

Posted by Apple2353 > 2 weeks ago | Report Abuse

Paktua - sudah beli ke? so much cheaper than your targeted entry price of 77 sen

Posted by OKU_2020 > 2 weeks ago | Report Abuse

Many in HOT SOUP Liao...
BEHEADING ,/ Kepala Potong this afternoon session...

Posted by Michael Kwok > 2 weeks ago | Report Abuse

Sell call if no profit 62.5 cent.
Tp 55 below then accumulates in mei
30/4/24 11.40am

Posted by Ytl2023 > 2 weeks ago | Report Abuse

Interesting to watch.. Overpriced ipo. See turun how much

Posted by huathuat83 > 2 weeks ago | Report Abuse

luckily i cancelled my queue @0.62

Posted by huathuat83 > 2 weeks ago | Report Abuse

@Ytl2023, ya... i want to see how much can turun

Posted by OKU_2020 > 2 weeks ago | Report Abuse

KOYAKKK. IPO
Beyond Repair....BEHEADING is. NEXT..!

Posted by Willieyong > 2 weeks ago | Report Abuse

Now I can buy below ipo price hahaha

Posted by Cipta > 2 weeks ago | Report Abuse

The question is who dump such volume below IPO price? It remind me of MTEC.

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

Yes. Why sell & dump below IPO price. Something is not right. Big planted acreage in Kalimantan oil palm estate.

Posted by onekeyman > 2 weeks ago | Report Abuse

ini keluarga senhengkah?

Posted by xiaoeh > 2 weeks ago | Report Abuse

maybe just happened that CPO price drop below 3900...?
if so
just keep close watch on the CPO spot price...

Posted by harryliew > 2 weeks ago | Report Abuse

With solid performance from its latest QR results and CPO average at RM3800, it's a stock meant for investment, not sell and dump!

Posted by Ytl2023 > 2 weeks ago | Report Abuse

Greedy investors buy ipo.. Ingat all make money

Posted by speakup > 2 weeks ago | Report Abuse

Many ppl apply IPO share for short term fast money, now all become long term investors

Posted by iCashBooster > 2 weeks ago | Report Abuse

S1lly company for sure s1lly director. All look face also like stup1d scammer, smile like hamsap director.

Posted by iCashBooster > 2 weeks ago | Report Abuse

Congrats to those buy below ipo price.

Posted by Cipta > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/30/mkhop-seeks-to-capitalise-on-higher-cpo-prices-amid-tighter-global-supply

Posted by Ytl2023 > 2 weeks ago | Report Abuse

Hamsup director hmm....

Posted by speakup > 2 weeks ago | Report Abuse

Swap my Mkhop to buy more Jtiasa

Posted by iCashBooster > 2 weeks ago | Report Abuse

first sudah c1bai. Next2 day sure c1bai

Posted by iCashBooster > 2 weeks ago | Report Abuse

Next time whoever see this bloody siblings name in management, stay away.

Posted by iCashBooster > 2 weeks ago | Report Abuse

tbh their education background very low. Must think properly to invest this co. SenHeng 2.0

Posted by Ytl2023 > 2 weeks ago | Report Abuse

Senheng so low already 29cents?? Long time no follow. This better than sen heng then. :)

Posted by Xcalibre > 2 weeks ago | Report Abuse

DON’T touch mkh related shares… Mgmt cannot be trusted… And you will only make them richer and yourself poorer..
They r ppl with no conscience…

Posted by 521onepiece > 2 weeks ago | Report Abuse

quote The IPO price of RM0.62 values MKHOP at 20.9x FY23 P/E (vs. Bursa Malaysia Plantation Index 2022 and 2023 P/E of 9.9x and 15.6x respectively, according to Bloomberg) unquote

UTDPLT almost about all time high P/E only 16.3

hoot9 a P/E 20x IPO, perhaps a little over optimistic?

surprised it even got over subscribed 8.43x

Posted by Cipta > 2 weeks ago | Report Abuse

ased on the latest quarterly results and assuming an average Crude Palm Oil (CPO) price of RM3800/MT in 2024, MKHOP's P/E ratio stands at 9.

Posted by xiaoeh > 2 weeks ago | Report Abuse

Posted by 521onepiece > 17 hours ago | Report Abuse
quote The IPO price of RM0.62 values MKHOP at 20.9x FY23 P/E (vs. Bursa Malaysia Plantation Index 2022 and 2023 P/E of 9.9x and 15.6x respectively, according to Bloomberg) unquote
UTDPLT almost about all time high P/E only 16.3
hoot9 a P/E 20x IPO, perhaps a little over optimistic?
surprised it even got over subscribed 8.43x

Dear 521onepiece
may i know where did you get this MKHOP 20.9x PE ha...?
don't mind sharing..?

according to it's IPO EPS for year 2023 of 27.53 sen
PE should read at 2.25x

or EPS RM0.04 if it take its profit of RM30,413,315 for 2023 divided by NOSH 677mil
what i can get PE was 15.5

i kind of dumb in reading in detail in Financial report
kindly advise how did your PE of 20.9x come into picture?

Thanks in advance

Posted by xiaoeh > 2 weeks ago | Report Abuse

Posted by Xcalibre > 18 hours ago | Report Abuse
DON’T touch mkh related shares… Mgmt cannot be trusted… And you will only make them richer and yourself poorer..
They r ppl with no conscience…

Dear Xcalibre
can share a bit of your encountered experience with the management..?

Posted by Xcalibre > 2 weeks ago | Report Abuse

Dear @xiaoeh,
Are you one of the Mkh hired keyboard warriors to counter negativity on Mkh ? Haha… Nice try on your approach…

Posted by xiaoeh > 2 weeks ago | Report Abuse

Dear Xcalibre
i can confirm that i am not
just look around at i3 to look for any potential stock for trading
and just happened that MKHOP is one of those

would u mind sharing your encountered bad experience with the management?

Posted by Xcalibre > 2 weeks ago | Report Abuse

Of course who would admit that they are mkh hired keyboard warrior right? Lol
Anyway u will just need to do ur own research to know the juicy stories while the depressed share price is telling u some story too..

Investors beware!

Posted by Xcalibre > 2 weeks ago | Report Abuse

@xiaoeh, or maybe u can ask ur employer / the Mkh management what were the amazing unscrupulous things that they may have done?

Posted by xiaoeh > 2 weeks ago | Report Abuse

Dear Xcalibre
u can click on my name and read my past comments
i'm just a dumb one wishing to learn more in stock trading
that's fine if u r not willing to share more
best regards

Posted by Xcalibre > 2 weeks ago | Report Abuse

@xiaoeh
Just stay away from mkh related stocks..as simple as that… there are tonnes of other better stocks

Posted by xiaoeh > 2 weeks ago | Report Abuse

Well noted and Thanks Xcalibre

Posted by calvintaneng > 2 weeks ago | Report Abuse

MKHOP (5139) What Is Its Current Forward P/E and Intrinsic Value, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-02-story-h-182050498-MKHOP_5139_What_Is_Its_Current_Forward_P_E_and_Intrinsic_Value_Calvin_T

Posted by Cipta > 2 weeks ago | Report Abuse

average FFB of Malaysia is 15.49MT/hec in 2023 while MKHOP is 24.1MT/hec.

https://www.statista.com/statistics/1093093/malaysia-yield-of-fresh-fruit-bunches/

Posted by calvintaneng > 2 weeks ago | Report Abuse

when Klk took ijm plant private

its paid up shares was 880500000 shares

it's lands 188,248 acres

it's net debt Rm400 millions

Takeover price was Rm3.10

Cost per acre Rm16,600