https://www.thestar.com.my/business/business-news/2021/12/20/tomypak039s-subsidiary-adequately-insured-of-up-to-rm351mil-coverage

Maybe better for them . Still can install few line and run at old factory . They used to make decent profit from old factory . Lol

https://www.theedgemarkets.com/article/mega-first-acquire-packaging-film-manufacturer-stenta-rm205m

That's Demand for such company the industry .
Is up the the management to perform and fill up the capacity.

Resignation of the previous MD says it all. Seems like Previous years performance had been with personal agenda.

Decreased in sales
Avoid the another major being acquired & hold on his position.
Acquiring it cheaply himself .

Justice been made after his bad intention exposed.

Plenty New shareholder awaiting to come in at undervalue.
Hope he dump cheaply in the market .

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3158388

Change of new shareholder soon ?

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/flexible-packaging-market-valued-usd-142100421.html

Chairman did mention to bring back those Quarters that pay good dividend . Their policy was minimum 40% of earnings.

Look at Q2 figures , they should be able to generate better EBITDA & NP in coming Qs

Anyone attended the AGM on Wednesday ? Heard the board was under pressure to perform in coming Qs.
Heard that ED discloses the order book till date achieved 88% of last year revenue . It was minuted and expecting better coming Q3 & Q4

Useless person , DIOK also no ppl bother . Tak boleh pakai ... women also see u no UP. Just a failure complaining while everyone making good money. If I m your wife , I also ask u DIOK. Mou lan 7 yung

https://www.pcmc.com/blog/pcmc/2020/03/25/why-printers-and-converters-are-essential-during-the-covid-19-pandemic

https://www.foodnavigator.com/Article/2020/04/01/Plastic-packaging-Hero-or-villain-in-the-coronavirus-era

https://www.foodnavigator.com/Article/2020/04/01/Plastic-packaging-Hero-or-villain-in-the-coronavirus-era

Coronavirus will increase demand for flexible packaging

good support after bad results . I wish to buy at 0.23 if your valuation is right . MD has more than enough cash to buy remaining shares in market I guess ... reality market value stands ...

Lim already make it public , he got rm30 million cash from JohorTin share sale proceed to increase his stake .
He easily can absorb 60m shares based on current price

He knows what is coming perhaps. Moreover , he and another major shareholder already own big amount of shares. If he can fill up the capacity soonest. Better for them to do a MBO as it Trading at NTA.
Relist it else where when Revenue doubled and all machineries fully depreciated .

Market speculation, there will be retrenchments in Daibochi’s top Management by Scientex Soon. Top sales & people already looking for Jobs . Tomy has already big capacity to fill, is up to the MD to do his job. From the way he is buying , guess he started to filling the capacity.... who knows he is filing it slowly so that he can buy more.

MD buying so frequent ...up his stake past few months while disposing his stake in money making Johortin.
Expecting this company to outperform Johortin soon ?

Researchers and analyst had visited the new plant. Was been told by them. After fully completed of machinery installations and tested run last year. They needed to get major client to come in audit and compliance before they can proceed orders at the new plant. If not , they only can print it at the old factory. Major machines has been transferred to new plant. That was the reason of slow orders coming in. Now most major client compliance has done their visit . Already start the orders at full fledge beginning 2H of 19. Revenue should doubled compared with 1H. Time to stay tune and look at the growth within next 12 months .

MD Lim is disposing his Johortin stake to the major shareholder announced. He should be focusing on this company and buy more cheaply.

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.

http://www.theedgemarkets.com/article/former-ag-gani-patail-resigns-versatile-creative-chairman-after-24-days

According to the Cockroach Theory, whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed.

This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5844677

https://plasticsinpackaging.com/online/japans-quiet-south-east-asian-expansion/

Chairman has been accumulating from the market after the AGM. There have to be something positive for a 90yrs old man still investing , he definitely has confidence and believe in the growth of the Company and industry. We should be aware how wise and smart elder people now days , like our PM and the rest of elderly . At their age, ain’t amount money anymore. Is more like doing something right , for a better future.
I believe the chairman forsee great future in this company. As an investor , better to follow the wise than being left out , looking silly. Cheers !

Tony doesn’t seem to have good record to
All his related companies.
He sold most of his shareholding . Wonder why he is still the chaiman.
New owners failed to turnaround, look like they just come in to spike the share price n dump ...
Just another con job

https://www.koenig-bauer.com/fileadmin/user_upload/02_Flexo/Produkte/Dokumente/EVO_XD/EVOXD_en-sp-fr_web.pdf

Earlier article: https://asia.nikkei.com/Business/Markets/Nikkei-Markets/Malaysia-s-Tomypak-Aims-For-At-Least-20-Rise-In-Revenue-This-Year-Executive-Director

Management to decide invest into flexo:

http://www.labelsandlabeling.com/news/installations/tomypak-flexible-packaging-adds-flexo-kba-flexotecnica-evo-xd

Can give him 0.52 sen ... he need another 2sen advice (please DBT to me ) ... we won’t justify valuation based on 1 quarter result. It was a transition period , actual performance should reflect 2nd Half 2018.

@Kin Wing : Well said , good understanding and analysed ... make sense in deed. ( we need more professional investor /shareholder like you )

@R40s : We should be able to get the answer from the board when we raise the question at AGM tomorrow.
( without bringing an accountant sister along )

Mention was 30% constructed , completed by early 2018.

http://www.theedgemarkets.com/article/versatile-creative-terminated-main-contractor-us693m-halal-vaccine-project

Then terminated early last year.

He should be in the midst of being sued if deposit collected & didn’t completed the project.

Read:

http://www.theedgemarkets.com/article/stone-master-ceo-resigns-after-one-year-helm

(View the share price during his appointment - resignation )

http://www.theedgemarkets.com/article/new-major-shareholder-offers-project-versatile

His involvement again , during peak of the share price.

What happen to the project announced ?