Highlights
KLSE: ORNA (5065)       ORNAPAPER BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.39   0.00 (0.00%)  1.37 - 1.43  54,000
Analyze this stock with MQ Trader system

Overview

Market Cap: 105 Million
NOSH: 75 Million
Avg Volume (4 weeks):201,290
4 Weeks Range:1.26 - 1.52
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:1.24 - 1.96
52 Weeks Price Volatility (%):
20.83%
Average Price Target: 1.44
Price Target Upside/Downside: +0.05

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2021 [#3]  |  29-Nov-2021
Next QR | Est. Ann. Date: 31-Dec-2021  |  25-Feb-2022
T4Q P/E | EY: 15.10  |  6.62%
T4Q DY | Payout %: 2.30%  |  34.79%
T4Q NAPS | P/NAPS: 2.4635  |  0.56
T4Q NP Margin | ROE: 2.22%  |  3.74%

Headlines

Date Subject
30-Aug-2021 PublicInvest Research Headlines - 30 Aug 2021
13-Aug-2021 PublicInvest Research Headlines - 13 Aug 2021
13-Aug-2021 Mplus Market Pulse - 13 Aug 2021
01-Aug-2021 ORNAPAPER Related to Julie's Biscuit?
09-Jul-2021 Stocks on Radar - Ornapaper (5065)
21-Jun-2021 Stocks on Radar - Ornapaper (5065)
07-Jun-2021 Paper Packaging Industry - Koon Yew Yin
13-Apr-2021 Technical Buy - ORNA (5065)
13-Apr-2021 PublicInvest Research Headlines - 13 Apr 2021

Business Background

Ornapaper Bhd is an investment holding company. Ornapaper through its wholly-owned subsidiaries manufactures and supplies corrugated boards and carton boxes. The company’s product offerings include corrugated boxes in various types, including regular slotted cartons, top and bottom, five-panel folder, half slotted carton, full overlap slotted carton, L shape, H shape, corrugated pads and die-cut; measuring cardboard boxes, and corrugated flutes. The company’s operations are carried on only in Malaysia.
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

  2 people like this.
 
strattegist red 1.38
05/07/2021 7:12 PM
strattegist green 1.42
06/07/2021 7:01 PM
strattegist untraded
07/07/2021 5:38 PM
strattegist green 1.43
08/07/2021 6:54 PM
strattegist untraded
09/07/2021 8:24 PM
Bgt 9963 Post removed. Why?
10/07/2021 9:02 AM
stockraider Tiap tiap hari good morning buat apa leh ?
10/07/2021 10:05 AM
WB888888 Time to for carton box trend. KYM on rise. pls carton box counter Orna Muda/PPHB follow up. No more sleep
12/07/2021 12:30 PM
strattegist red 1.36 ... down 7sen
12/07/2021 6:01 PM
Bgt 9963 Post removed. Why?
13/07/2021 8:53 AM
strattegist green 1.37
13/07/2021 5:50 PM
strattegist green 1.40
14/07/2021 5:40 PM
strattegist green 1.43
15/07/2021 5:50 PM
strattegist red 1.42
16/07/2021 11:14 PM
strattegist flat 1.42
19/07/2021 5:50 PM
strattegist red 1.40
21/07/2021 6:07 PM
strattegist untraded
22/07/2021 9:37 PM
karuppudurai hello. still sleeping la this counter
22/07/2021 10:08 PM
strattegist green 1.45
23/07/2021 5:55 PM
koowakzai red 1.40
27/07/2021 5:54 PM
VibraniumBull Watching grass grow is faster than the growth of this share.
28/07/2021 10:53 AM
Glaceau Ornapaper Berhad - A great company controlled by a conservative and old management team or perhaps a few 'old' individuals.

Recently, many companies with Outstanding Shares approx 100mil and below has been bought up to the extend of limit up. Orna potentially could be the next target as it has been thinly traded for many months with only 75mil Outstanding Shares.

Orna is great company which was a potential takeover target by Oji Paper which is one of the largest paper products companies in the world. There were such rumours circulating around the investment community though corporate events of such may not be likely to happen especially in view of the current Covid situation.

On the other side of thinking, the management may try to take advantage of the current undervalued pricing by planning the next few steps ahead be it privatising or other corporate activites if not continuing the the hibernating.

The current price as of 30th July 2021 was RM1.44 and the closing prices for the past 1 month has been around RM1.4X plus minus.

It is definitely another frustrating/undervalued stock in Bursa, controlled by the family members (Sai's Family) with a conservative way of running a paper products business (compared to Muda Holdings's Lim Family, more aggressive management). If you not already know, Mr Sai Chin Hock, the Executive Director and major shareholder of Orna is also the owner of Julie's Biscuit - a great confectionery company based in Melaka.

The big question is why Orna still maintain the listing status when the purpose of listing is just to put your company in hibernation mode instead of fully utilising the benefits of being a listed company. Yes it is definitely useful to let people know that it is a listed company to gain respect (another session for discuss further, not relevant in today's session). To summarise, the management will not care much about the minority shareholders' opinion and investing in Orna is a game of patience to see who will last longer...

1. https://www.theedgemarkets.com/article/edge-weekly-more-ma-likely-paper-packaging-industry

2. https://en.m.wikipedia.org/wiki/Oji_Paper_Company

This sharing is just for extra informational purposes only. It is vital to do your own study and analysis before making any investment decision.
01/08/2021 1:01 AM
strattegist green 1.51
07/09/2021 1:04 AM
strattegist steady
07/09/2021 10:28 AM
koowakzai 1.54 green. Volume has increased 10x for the the last 3-4 days. Momentum building up for 2nd gear. Go go
07/09/2021 5:12 PM
strattegist green 1.54
07/09/2021 5:37 PM
strattegist red 1.48
08/09/2021 5:58 PM
strattegist red 1.43
09/09/2021 9:53 PM
strattegist red 1.40
13/09/2021 6:33 PM
strattegist flat 1.39
15/09/2021 6:16 PM
strattegist green 1.40
20/09/2021 6:03 PM
koowakzai Flat 1.40
21/09/2021 9:26 PM
strattegist red 1.39
22/09/2021 6:00 PM
strattegist flat 1.39
24/09/2021 5:22 PM
strattegist red 1.38
27/09/2021 5:44 PM
strattegist green 1.39
28/09/2021 11:08 PM
koowakzai red 1.37
29/09/2021 6:17 PM
strattegist red 1.37
29/09/2021 6:18 PM
koowakzai green 1.40
30/09/2021 5:09 PM
strattegist green 1.40
30/09/2021 6:12 PM
strattegist red 1.37
01/10/2021 6:34 PM
strattegist green 1.39
04/10/2021 5:11 PM
strattegist red 1.36
05/10/2021 11:06 PM
koowakzai Green 1.38
06/10/2021 7:24 PM
strattegist green 1.38
06/10/2021 9:50 PM
strattegist untraded
07/10/2021 5:46 PM
koowakzai Green 1.41
13/10/2021 5:19 PM
NawaMan strattegist why today so many people buy? got something on isit??
16/12/2021 3:32 PM
镠公公 Black 1.37
14/01/2022 6:17 PM
镠公公 Purple 1.45
17/01/2022 7:00 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

523  265  549  910 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 G3 0.080.00 
 CORAZA 0.645+0.365 
 MMAG 0.080.00 
 DNEX 0.965+0.055 
 AGES 0.025-0.01 
 EASTLND-OR 0.005-0.005 
 SMTRACK 0.22-0.005 
 SAPNRG 0.050.00 
 ARBB-OR 0.005-0.005 
 HSI-HML 0.06-0.135 
PARTNERS & BROKERS