Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: TOMYPAK       TOMYPAK HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.50 0.68     +0.18 (36.00%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
27/02/2019 0.555 0.65 +0.095 (17.12%) HOLD MAYBANK Price Target News
11/02/2019 0.64 0.70 +0.06 (9.38%) HOLD MAYBANK Price Target News


Price Target Research Article/News (past 6 months)
27/02/2019  MAYBANK Tomypak - 4Q18 Below Expectations
11/02/2019  MAYBANK Tomypak - Better Prospects in FY19



  4 people like this.
 
R40s tales029,
What's your target timeline? And any target price for the next move...?
19/07/2018 10:02 PM
19/07/2018 11:57 PM
tales029 wait for the test resistance, 0.835
20/07/2018 2:51 AM
hero666 R40s, as long crude oil stay above $60, resin will continue impact packaging counter. Better go other counter, plenty better choices.
25/07/2018 7:33 PM
firstsight everyday drop, klci drop 100 pts it drop, klci rise 100 pts it still drop, it's in downtrend for the pass 1 year after bonus issue, new factory production also not much improve now, capex expenditure will still be high, foreign business below 50% now, crude oil is very high n gonna higher, margin won't be good, don't think this qr get improve, don't surprise for another loss qr.
up there many good counter still, look at rubber, construction now, how % already while this whole year plus tomypak keep dropping....
28/07/2018 7:21 PM
uncle Can reach kenanga TP 45 sen
Dividend look yummy 0.1 sen also can consider
15/08/2018 12:52 PM
shpg22 The current price is excessive. Only idiots will go for it. If you buy high, prepare to get whacked.
27/08/2018 11:58 AM
mlim very bad performance as what I said on 26 June !
03/09/2018 3:05 PM
Bursa Christopher lousy stock... 被淘汰了
03/09/2018 10:41 PM
mlim Daibochi is not bad, based on 2nd quarter result. Instead, the 6 months revenue already more than Tomypak's whole year revenue...… Previously since 2006, D is 20% to 30% bigger than T. Now, D is 100% bigger than T.

Long time never see any response from W16Y who always give good comment on T...… Whether you have any good idea to recommend to us ?
04/09/2018 8:52 AM
Eric Fong Company share buy back means
1) Company realize their share price traded at below their value?
2) EPS will increase in future?
09/10/2018 6:53 PM
shpg22 It seems like the management is more interested in manipulating the stock price than concentrating on managing the company and expanding the business with the available fund. The current price is too expensive to have a buyback, should have use the fund to improve the business; not keep reporting losses.
12/10/2018 6:43 PM
shpg22 Daibochi is also another plastic company is overpriced. P/B > 3.0x compare to other peers trading at 1.X but mediocre result. Fair price around 0.85 only, but traded at above 2.00.
17/10/2018 11:43 PM
Eric Fong Director is selling their shares to make profit.
Does that means they not concentrate on their own business to make more profit for shareholder?
23/10/2018 10:13 PM
Eric Fong Need reconsider based on Management / Director method of making profit not for shareholders but for their own reason... hmm....
26/10/2018 2:37 AM
RiverOfSilver weak volume
26/10/2018 2:39 AM
shpg22 FY18 Net profit & revenue has dropped back to the level last seen in 2007. In other word this company does not even grow after 10 years. In 2007 its adjusted average price is only 0.180. Current price of 0.685 is excessive.
24/11/2018 12:25 PM
beso habis, koyak,may limit down
25/11/2018 1:44 PM
shpg22 I will not pay more than 0.20 for this highly manipulated company.
09/12/2018 12:02 PM
Jc12345 This company is going down the drain due to bad management.
Inexperienced leader in this field plus underhanded practices will bring this coming down further
11/12/2018 10:41 PM
abang_misai no wonder today up 1 sen only

Posted by Jc12345 > Dec 11, 2018 10:41 PM | Report Abuse

This company is going down the drain due to bad management.
Inexperienced leader in this field plus underhanded practices will bring this coming down further
11/12/2018 10:42 PM
OldOldhorse https://www.thesundaily.my/archive/tomypak-posts-q4-net-loss-higher-costs-lower-sales-and-provisions-YUARCH528795

Was Posted Feb 2018 :

The group said in its filing the new Senai plant commissioned in the second quarter of 2017, is having two new major production lines installed, which is expected to start commercial production towards the third quarter of financial year 2018.

Two additional new major equipment are scheduled for delivery towards the end of third quarter of financial year 2018 and these should be ready for commercial production by the first quarter of financial year 2019.

If only investor read and understand “commercial production” .... installation & test run will cost & take up a lot time . Moreover , Depreciation on entire new factory during installation period and only having 2 line running instead of Running full line, it will eventually take a beating on the net profit . However I believe the EBITDA should still be positive.
14/12/2018 12:53 AM
commonsense The company’s financial outlook does not look great at the moment. Profit has substantially gone down after the peak profit reached in FY15 where the company managed to deliver a profit of RM23.1mil. In FY16 profit fell to RM18.4 mil then to only RM9.6mil in FY17. 9m18 profit is only at RM2.3mil with full year profit target at a low of RM5mil only. The under performance in FY18 is attributed to subdued sales (due to lower orders from international clients), increase in operational cost (in particular ink and solvent), higher finance and depreciation cost (which relates to the new equipment recently installed). The reduction of order from clients is a big worry given that the company now has a production capacity of 40,000mt per year vs in FY16 of only 19,000mt. The company would potentially face even lower profit or a loss if it fails to run the production plant at a certain production rate given that the fixed cost now should potentially double vs FY16 (finance, depreciation, overhead, electric costs etc).

At the current share price, the company is valued at a high of 55x PE. At this valuation, all the positive catalysts (or any jump in profit) would have already been priced in.

If you are looking to diversify your portfolio outside of Tomypak (due to its earnings uncertainties and the lofty valuation) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
24/01/2019 2:56 PM
Mohd Hanafi Ngah ×++++++++++
12/02/2019 11:56 AM
W16Y https://factsetpdf.maybank-ke.com/PDF/127095_CN__14caf07b3a6c4f30b3f35a5435d7d37c.pdf?

A positive development for TOMY’s plant operation

Having updated with management recently, we are pleased with the progress development of its capacity expansion (Fig. 1) and phase 1 of its rationalisation plan i.e. on-going realignment of production process at both its Senai and Tampoi plants. Over the last two years, TOMY has spent approximately MYR111.0m on new printing lines and equipment, which has expanded its production capacity (by 21,000 mtpa; +105%) and allowed operations to operate efficiently in the long term.
TOMY has installed a flexographic printing line in 4Q18 to broaden its customer base, as it will cater to plastic packaging customers whose products have short life cycles (for example Gardenia bread). This will add a new revenue stream to the Company per se.
Fig 1: Snapshot of TOMY’s plants capacity
Source: Company data
We understand the significance of transferring some old machines to the Senai plant is to combine them with the new advanced machines at the Senai plant to ensure ample capacity for MNC customers that need a guarantee of sufficient capacity. We believe this will also maximise its production efficiency to produce the orders at one plant and cost savings, in terms of logistic.
Management expects to move and reinstall two more rotogravure printing and extrusion lamination machines from its Tampoi plant to its Senai plant in 1H19 (Fig. 2). We estimate the cost for moving those machines (transportation mainly) to be insignificant - less than MYR2.0m.
Management also clarified that the second phase of its rationalization plan, which recently commenced in 1Q19, is focused on upgrading and transforming system production processes.
13/02/2019 8:36 PM
DarKLoRD888999 W16Y just need good result to prove it or not no people will come in this counter bro
can Strong produce but no demand just a wasting machine
25/02/2019 5:02 PM
DickyMe Posted by DickyMe > Sep 27, 2017 09:23 PM | Report Abuse
Sorry to disappoint you ozzie75. The chart does not display a positive outlook.
I think it may reach my expected price of 60 sen.
----------------------------------------------------------------
Seems long term borrowings increased three fold. One more long hard dip awaiting. Price may dip lower than 60 sen.
Posted > 28/03/2018 22:19
----------------------------------------------------------
DickyMe No offer. See you below 60 sen.
Posted > 05/04/2018 21:20
==================================
DickyMe "the bulls are quietly and slowly collecting... " means they are lining up to be slaughtered for Hari Raya Haji.
Posted >28/06/2018 10:50
=================================

Aiyoyo, below 60 sen now!!! Already warned couple of years ago..Aiyoyoyoyo....
28/02/2019 5:05 PM
shpg22 This company losing money still traded at 1.3x P/B. Ulicorp only traded at 0.3x P/B. Current price of 0.565 is exorbitant. Fair price 0.23 at 0.5x P/B.
01/03/2019 9:26 PM
besos Not fair. Loss QR why can up?
02/03/2019 3:59 AM
agrimineral Just becareful
04/03/2019 12:03 PM
ThegreedZ better stay away from this stock...its downtrend
08/03/2019 11:24 PM
ThegreedZ the volume also very small in number...
08/03/2019 11:25 PM
ThegreedZ already broke the RM 0.50 today...its mean it will drop more deeply
08/03/2019 11:29 PM
ThegreedZ it will take long time to rebound due to bad QR result and poor management..
09/03/2019 1:10 AM
ThegreedZ if on the next monday price drop below RM 0.45... it has possiblity to reach RM 0.20..
09/03/2019 1:16 AM
ThegreedZ so becareful....
09/03/2019 1:18 AM
liang524 boss keep accumulate stock, something is cooking?
13/03/2019 11:24 AM
James Ng https://klse.i3investor.com/blogs/general/199404.jsp
[转贴] [TOMYPAK HOLDINGS BHD:截至2018年12月底,他们在Senai工厂安装的大部分新设备已经完成并投入使用,包括最新的印刷生产线,8-colour flexo printing生产线及其辅助制袋生产线] - James的股票投资James Share Investing
25/03/2019 12:16 PM
DickyMe Delisting soon
09/04/2019 2:46 PM
Yunnan goreng start
15/04/2019 12:36 PM
Wawai Samah Gorengggggg
03/05/2019 11:15 AM
yuanXY accumulation enough already, time to fly!
05/05/2019 11:20 PM
DickyMe Post removed. Why?
07/05/2019 1:23 PM
TrumpUSA Yap. Company will loss more money this Q. Dun buy first
07/05/2019 1:28 PM
OldOldhorse MD Lim is disposing his Johortin stake to the major shareholder announced. He should be focusing on this company and buy more cheaply.
12/05/2019 12:16 AM
RainT result out

loss making again

sell and run
17/05/2019 5:30 PM
shpg22 Maintained fair price at 0.23

shpg22 This company losing money still traded at 1.3x P/B. Ulicorp only traded at 0.3x P/B. Current price of 0.565 is exorbitant. Fair price 0.23 at 0.5x P/B.
01/03/2019 9:26 PM
17/05/2019 5:55 PM
yuanXY end game
17/05/2019 10:37 PM
DarKLoRD888999 Don't ever touch Rubbish counter
18/05/2019 9:53 AM
DarKLoRD888999 季度回顾
截至2019年3月31日止的3个月期间,本集团实现收入3440万令吉
与去年同期的5240万令吉相比。在此期间收入减少
审查主要是由于一些国际和本地客户的订单减少和
通过增加对其他国际和本地客户的销售来部分缓解。
就实际交付数量而言,同比减少了34%,从3,523公吨减少了34%
上一财政季度,本季度为2,325公吨。
本集团于回顾季度录得税前亏损360万令吉。这主要是
由于:
a)如上所述降低销售额,
b)原材料价格上涨导致的制造成本增加,
特别是薄膜,铝线和溶剂,以及更高的原料消耗
通过减少运营费用作为合理化工作,部分缓解了这种情况
承诺生效,
c)随着一些新设备的交付和安装,折旧成本增加了4,000万令吉
并于2018年中期开始运作,
d)由于移动的附加设备的持续停止而导致生产量低
新工厂是正在进行的合理化过程的一部分,并且
e)与本季度相比,本季度的财务费用增加了0.4百万令吉
去年同一季度。
然而,该集团能够将税后亏损减少至由此产生的290万令吉
确认税收。

截至2019年3月31日止三个月,本集团的收入为3,440万令吉
上一季度为3,600万令吉,轻微下降4%。收入略低
与上一季度相比,部分客户在上一季度建立了足够的库存。
然而,本集团的税前亏损在2003年第一季度大幅低于360万令吉而亏损
上一季度为860万令吉。上一季度的亏损主要是由于
更高的材料成本和工厂和机器搬迁成本。此外,还有一个ESOS成本
上述提供的RM090万元和一次性费用为80万令吉的汽缸体
25美分硬币。本集团本季度还确认外汇收益为110万令吉
上一季度的外汇收益为RM60万,为马来西亚林吉特
对美元走强。

前途
截至2019年3月底,第6条印刷生产线被搬迁并从Tampoi工厂重新安装到Senai
工厂与集团的合理化计划相结合。该印刷线开始商业化
在进行必要的维护和机器重新调整后,于2019年4月开始运行。
除此之外,额外的印刷生产线和2条层压生产线将在此期间迁至Senai工厂
分别在2019财年第二和第三季度。
2019财年的重点将是加强改善销售和营销的业务战略计划
活动,人力资源开发计划和提高生产效率,所有这些
是集团转型计划的重要组成部分。
随着所有转型活动的进展,董事会对此表示谨慎的信心
本集团的表现将有所改善。

GG counter don't ever touch
18/05/2019 11:30 AM


171  210  558  1206 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 GPACKET-WB 0.115+0.01 
 EKOVEST 0.845+0.045 
 NETX 0.0150.00 
 IWCITY 1.05+0.065 
 IMPIANA 0.03-0.005 
 KNM 0.39+0.005 
 KNM-WB 0.255+0.02 
 ARMADA 0.255+0.005 
 GETS 0.245-0.01 
 FOCUS 0.29+0.01 
Partners & Brokers