Can MooMoo sign up for an IPO? Is Johor Planting Group reasonable price?

Johor Plantations Group (Johor Plantations Group) has diversified its industrial transformation and was favored by analysts. It offered a reasonable price of 95 cents, which was 13.5% higher than the sale price of 84 cents.

The Johor Plantation Group is a small palm oil operator in Malaysia. Currently, it operates 23 oil palm plantations. Of these, 22 are located in Johor and 1 park is in Pahang. The total basement is 59,840 hectares, and the planting area is as high as 55,982 hectares.

In addition to its own park, the company also operates a third-party oil palm farm. The company can obtain management revenue and purchase all the fruits in the park. It also has 5 processing plants to process fruit.

Apex Securities (Apex Securities) analysts have given 4 major investment priorities, believing that the stock is worth starting. First, the company has the Palm Oil Sustainable Development Roundtable (RSPO) certification, which allows the company to obtain a higher premium than the Palm Oil Palm Board (MPOB) oil palm futures price change. At the same time, the company has also obtained EU Non-Deforestation Regulation (EUDR) certification, which helps the oil palm it produces have higher pricing power and can effectively enter the international market.

In addition, the company is also making efforts to diversify the downstream market and is expected to withstand the impact of fluctuating palm oil prices. The company will become diversified and complex starting in the third quarter of 2026.

At the same time, the age of the company's fruit trees is also relatively average. The average age is 12.9 years. As of fiscal year 2023, 69.8% of the fruit trees were at the peak of production capacity.

“We think the company can increase oil palm production capacity at minimal cost. The company aims to plant new trees at 4% each year”

As the first platform in Malaysia to simplify this process, Moomoo MY brings local investors a simple and easy way to participate in IPOs, ensures a seamless and fully online subscription process, and simplifies the steps to participate in the capital market. Investors can operate directly through equipment, redefining how local investors can access IPOs.

In Moomoo Malaysia's Central Deposit System (CDS) account - IPO function, investors can directly apply for an IPO through the MooMoo app without getting involved in traditional paperwork and queuing processes.

The service supports direct deductions within the app to get rid of the hassle of bank transfers, and also provides real-time updates throughout the subscription process to ensure investors get full information on every step of the process from application to IPO allocation.

Setting up a CDS account - IPO is easy. Users only need to click on the “Accounts” (Accounts) section of the Moomoo app, select CDS Account-IPO, and follow the prompts to provide accurate and current personal and bank account information. The successfully purchased IPO shares will first be credited to the user's CDS account - IPO, and then transferred to their comprehensive Moomoo MY account.