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?
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?
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..?
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?
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..
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
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
harryliew
11 posts
Posted by harryliew > 2024-04-30 09:37 | 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