My love for Palm, an investment appetite $JPG

My initial interest on $JPG (5323.MY)$ started with IPO news at the same time i want to start my investment journey in Malaysian market. so opened account in MooMoo. After seeing the prospects(Min Dividend %, Good operations control, large landbank and Vertical integration)of JPG i want to buy it in IPO but being foreigner we are not allowed to participate in IPO. luckely i was able to bought JPG at IPO price in the market.

The recent rise in palm oil prices has positively impacted Malaysian plantation companies, driven by factors like reduced crop yields and Indonesia’s increasing biofuel mandates. Lower output from major producers, especially due to adverse weather, has tightened supply. Meanwhile, Indonesia is pushing for more palm oil-based biodiesel to meet its energy needs, which reduces the exportable supply. This demand boost from biofuels and limited supply lifts global prices to all time high, benefiting Malaysian palm oil producers like JPG who rely more on exports. Malaysia’s palm oil industry stands to gain as these dynamics push prices upward, improving margins and supporting stronger financial performance. $JPG (5323.MY)$