As always, the # 1 SCIENTX will n has to lead the way. watch closely for RIGHT.TIMING at the imminent 2 hr macd GC,,, 30 min GC will happen 1st then 1 hr. BPPLAS is flying high in the new.blue.sky. n TGUAN is lagging n could catch up...
@SandCoffee - No, its smthg significant that will affect its share price.
This is definition from google haha (news that a company releases that might affect the value of its securities or influence investors' decisions. It is any type of news that directly relates to the company's business, and depending on the news, it will move the company's share price up or down.)
The offer price of RM2.70 is too low for Daibochi minority shareholders to accept, but it is a bargain price to Scientex to raise its stakes in Daibochi.
Offer price should be raised to at least RM3.30 - 3.50 to get more shares in Daibochi to get to 90% stakes.
small cap bpplas is 1st n edi achieved its 100% FIBO tp. on upside overshoot it can go crazzzyly berserk,,, every household in north america has a jumbo roll in the kitchen. all others will follow in the world...
there r more n more newfound high demand of stretch.film from bundling goods up per pellet in warehousing to avoiding check-in luggage in airport from tempering n for water-proofing, to many large usages in this pandemic,,, SCIENTX, being # 3 largest in the entire world would do very WELL ,,,
SCIENTEX bank borrowing rm1.2bil.............as they continue expand township property development,.......the company may fall into financial difficulties,.......be cautious,......the township development in johore not easy to make money,........high capital invesment, low return,.......
My friend, Scientex packaging segment contribute 68% in revenue and their capital expenditure for 2022 to spend Rm200 million for packaging machinery. Its nice one.
While property development contribute 32% revenue which their capital expenditure 2022 for property development will use Rm800 million to grow land bank on affordable house. This affordable house is a good target market in these recovery era for post-Covid19. The construction and property sector are slowly better now due to the government has allowed the sector to make applications for foreign workers. For Feb 2022 only, almost 200,000 foreign workers has been approved their applications to work for the affected sector that rely on foreign workers.
If you want to talk about their debt, their debt to asset ratio (below 1 ratio) and the current ratio (above 1 ratio) shows the Scientex can meet its current obligations which their overall financial health is good.
Scientex also has strong operational cash flow due to their main revenue from packaging segment which is contribute 68% to the comnpany. Look at their net income also steadily increase even though in pandemic era (their packaging segment is perform well) -2019 RM333.70 million -2020 RM390.11 million -2021 RM457.23 million
This 2022 Scientex told they will continue acquisition of plastic & packaging companies and this is a good thing. As Scientex will acquire the other packaging company include the existing customer of those company too. Ofcourse they will intergrate each of their factories operation will result in better cost-wise.
Take a look of Scientex's track record of Merger & Acquisition here: 2019 - Mega Printing & Packaging Sdn Bhd 2018 - Klang Hock Plastic Industries Sdn Bhd 2015 - Mondi Ipoh Sdn Bhd 2014 - Seacera Polyfilms Sdn Bhd 2013 - Great Wall Plastic Industries Sdn Bhd 2012 - GW Packaging Sdn Bhd
Malaysia reopen border is just around the corner, imagine all their packaging factories operate in full capacity because of the demand from consumer, retail, tourism, industrial and etc. It is just a matter of time for the Scientex's price stock will.................... you know the answer.
SCIENTEX bank borrowing rm1.2bil.............as they continue expand township property development,.......the company may fall into financial difficulties,.......be cautious,......the township development in johore not easy to make money,........high capital invesment, low return,.......
Heard that they are in deep trouble with all their customers affected across the board. Better get out while you still can.
I think stockpip’s view is a bit simplistic. In an effort to obtain a more considered view of the effect of an oil price (and presumably correlated availability) shock on the profitability of Scientex, I examined the profitability and share price of the company from a few years before until a few years after the Global Financial Crisis of 2007 to 2009. Regrettably I cannot present a chart on this platform, but here are the statistics in tabular form:
In case it gets mixed up, the columns left to right are the quarter, manufacturing revenue and result, property development revenue and result, approximate share price at the end of the quarter, price of oil at the end of the quarter (Cushing, OK WTI) and the S&P500 at the end of the quarter. E&OE.
The progressive increase in revenue as the oil price increases rather looks to me like the company is able to pass on increases in its input costs as the price of oil increases. Despite the volatility in operating profit, the company’s share price would seem to have been remarkably stable until the Lehman-precipitated recession and stock market crash of September 2008. But even under those extreme conditions, the share price only dropped 32% peak-to-trough and then recovered again within a year.
My conclusion is that although there might be some oil-price-induced hiccups in operating profit from the manufacturing division, there is insufficient evidence to support the notion that the volatility will propagated into a foreseeable reduction in share price. In comparison, a global recession is much more likely to result in such a reduction, but that in such circumstances, the company is robust and likely to recover quickly.
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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....
KiasiPu
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Posted by KiasiPu > 2021-09-03 10:16 | Report Abuse
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