Calow Investment Portfolio

BPPLAS - Uptrend Coming?

calow1
Publish date: Wed, 30 Jul 2014, 11:59 AM
calow1
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BP Plastics Holding Bhd

The price of BPPLAS has been steadily going up.

 

More trading is seen recently ..... 

Quarterly performance has always been good.. steady growth in sales and profit.

 

BPPLAS has in the past pay twice dividends a year ..

 

Properties have to be re-valued by 31-Dec-2014 as the LAST revaluation is 31-Dec-2009. (A revaluation every 5 years is required)

Their properties are mainly in Batu Pahat. Details of their properties:

 

I have holding in BPPLAS at cost of RM0.54, held since end of 2009...and this stock has been in my storage box for so long and practically has gone unnoticed.. I have been holding it as my dividend stock but until recently where its share price and volume been active again.. is there something coming? Nevertheless, I ADDED some at RM0.825.

Anyone have any insights?

However, quite certain would be (1) Dividend to be announced (2) Revaluation surplus for its properties (3) Another improving quarterly financial performance...

 

Happy Investing.

Calow

 

 

Disclaimer - this is a personal view of the author, purely for sharing purpose. It is not a buy or share call. Trade at your own risk.

 

 

 

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2 people like this. Showing 1 of 1 comments

Chung Wai

Good buy? What is the TP?

2014-07-30 14:24

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