You believe? They are overpriced. :)

Posted by spy008 > Dec 12, 2017 11:05 AM | Report Abuse

LCTitan is beneficial from strengthening of RM/USD. Their projection for yr 2017, for 10% of strengthening, will possibly gain +47mil for profit net of tax.

(This is taken from their IPO)

Carigali is an existing E&P subsidiary of Petronas and part of Petronas Group..meaning the nod by Carigali would mean nod by its parent, Petronas. What is your 'next approval coming is Petronas Approval' about?

King Musang up.. down.. then up... is normal.. please don't rush to sell. It will keep going up next 6-8 weeks.
Carigali approval is only part of that, next approval coming is Petronas Approval, then only done deal. so it is coming your way, don't let go too early!
06/12/2017 16:39

Congrats..still 'for whom the bell tolls'? :)

Posted by Mohd Fahmi Bin Jaes > Dec 6, 2017 12:23 PM | Report Abuse

Take profit 0.770 now

50% of the 2C into 2P....hmmm...TP of 1.06 more prudent than fair value of 1.44. :)

Posted by Dericlock > Dec 6, 2017 01:28 PM | Report Abuse

potential future upside to 1.44, lol, a bit over optimistic on this.
But we will see how

I like. :)

Orange88 Anyway dont trust the PBB report too much lah Tan Sri Teh and his crew at PBB all con men, Dont believe just check out PBB trade last 5 minutes today, If con man Teh can screw his PBB like that imagine what he can do you ikan bilisand tin pot lime Hibiscus
30/11/2017 20:10

@Kin Wing: Thanks for taking time to share your above written insight.

Quick...go join the company. :)

hero666 keep giving out esos to their staff.....damn envy .... why the heck mine company got nothing to rewards the staff ....damn lolz

23/10/2017 11:19

After. :)

dinghai Ozzie.. the entitlement is based on units owned before or after consolidation...

16/10/2017 16:16

Rights share entitlement: 50,000/2 = 25K units
@ 0.25 >> 25K * 0.25 >> 6.25K (top up $$)
Warrants entitlement: (25K/2) * 3 = 37.5 units

xenze How to calculate how much to top up $$ for the right issue if I have 50k unit?

16/10/2017 09:50

Yes.

dinghai Hows the right subscription works out? Does that mean we need to pay additional amount?

14/10/2017 10:26

No worries, dude. Chill. It's a Friday. haha!

ran777rpt Thanks Ozzie for the valuable info.

13/10/2017 15:08

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=75417&name=EA_GA_ATTACHMENTS

Extract:
proposed renounceable rights issue of up to 151,834,154 new MMAG Shares (“Rights Shares”) on the basis of one (1) Rights Share for every two (2) existing MMAG Shares held after the Proposed Special Bumiputera Issue at an issue price of RM0.25 per Rights Share, together with up to 227,751,231 free detachable warrants (“Warrants”) on the basis of three (3) Warrants for every two (2) Rights Share (“Proposed Rights Issue of Shares with Warrants”);

Hey, dude, they need to make the price stay at certain level else no one would want to subscribe to their rights issue if the prevailing market price is equals or approximate to their rights per unit price of 0.25.

ran777rpt It is 285/ 290. Hope to close today at 30cents like the price in the morning.

13/10/2017 14:37

My comments are more of corrective than punitive (the latter your so-called talk shit of MMAG?), and to set the facts of the Pg14 write-up in Focus Malaysia in the right perspective. Everyone is welcome to run through the same write-up and have the absolute freedom to contest on any deviation of facts highlighted above.

In any case, the write-up is probably to generate awareness and to pave way for the rights issue.

Haha!


ran777rpt ozzie75, I just gave my friends in this forum a quick gist. I have also advised them to buy a copy of Focus Malaysia for exact details.
If the Focus article does not fit into discretion, fine and well, do not waste your time here.
If it is a lousy counter, then there are 1800 counters in Bursa which you can venture.
Why all the way you have come here to talk shit.

13/10/2017 12:41


Oooo...that is the right spirit.

As much as sharing is caring...smell something not right....correcting is caring too. Haha!

CharlesT Good to share lah....sharing is caring...ran777rpt

13/10/2017 13:48

+ today's a Friday.

baskoro1965 Rsi already overbought. Expect profit taking

13/10/2017 11:36

What they produce ah? Eggs? Roti canai? Aiyoo.....or processing deliveries from 3000 to 9000/day in their new 20k sq ft facility? haha!


ran777rpt Lay Hong emerging as major shareholder, on a 20,000sq area, they can produced 3000 units a day.

13/10/2017 09:35

Read carefully. It is Innofarm Sdn Bhd and not Lay Hong emerging as the major shareholder. Even the way Focus Malaysia had written is inconsistent with their corporate snapshot box. Haha!

ran777rpt Lay Hong emerging as major shareholder, on a 20,000sq area, they can produced 3000 units a day.

13/10/2017 09:35

I will join you at that level. :)

DickyMe Sorry to disappoint you ozzie75. The chart does not display a positive outlook. I think it may reach my expected price of 60 sen.

27/09/2017 09:23

And it is the Management's responsibility to manage this cost exposure. haha!

omgimnoob with the Brent crude oil going north.... next quarter result won't be good too. Don't expect too much.

27/09/2017 23:00

What both quarters are you talking about? Tomypak and Daibochi? Or comparative quarters of Tomypak? haha!

leslieroycarter Both qtrs results showed below expectation , if the trend continues then the pressure to retain the price will pose a big challenge.

06/09/2017 18:40

:) naiisee...

:)

:) no worries. haha!

Folks, just take note on the amended announcement on 18 July. The indirect shareholdings +24m to that disclosed on the 17 July. Haha!

What's the association? haha!

hero666 lolz MO1 and MO1 wife still unleashed out there...ironic

13/07/2017 11:12

I think DickyMe is trying to remind people that as much as one can have investment faith in any company, it is good to be watchful and bear in mind that things could just happen when one least expect. I don't think 'he' is targeting specifically at Tomypak. Cheers.

DickyMe It could happen to any company, that's the moral.

12/07/2017 16:40

I am waiting patiently. :) Aug17 is coming!

DickyMe It still need to retrace lower, for a rebound. 60 sen area looks good for collecting.

11/07/2017 12:13

They didn't specify at what price they would stabilise mah. Put yourself in their shoes. You stabilise want to do it with more money or less money? haha..

Junichiro The stabilization manager is no where to be seen ??? I think they already know abt who the sellers are.

11/07/2017 09:42

@DickyMe: Thanks for the above. Well, he..he..he.. was probably working for his retirement and Caspian sea probably gave him a bang with an exit. A couple of months back I chanced upon him at Prinsiptek and gave him some teases and goodwill greetings...remarkably he remembered ozzie the small fry. haha.

Certainly, with the increased production capacity the spotlight would be on the utilisation efficiency, and I agree with you that the Management needs to exhaust themselves more (they better do so) to deliver to the stakeholders. Time will tell.

Flexible packaging is growing, so I would keep watching how much more the Management could harvest from this growth, in particular the Asia Pacific region that they assert as part of their growth initiative.

Haha!

Oh, my friend. life's ok. After much dwell in the caspian sea, i got inspired by someone to have a healthy lifestyle and as I am writing to you I am taking a slow jog to somewhere in Cheras to find my princess of inspiration. Speaking of here..hmmm...way better than caspian sea..their accounts are not flagged by auditors and they pay dividends and most importantly...we dont see he..he..he..
Great to see you again, DickyMe. ;)

DickyMe: What brought you here? :)

Tun Razak Exchange.

http://trx.my/


Posted by Hazel Pang > Jul 4, 2017 11:51 AM | Report Abuse

Sorry, what's TRX?

Thank you ah, hero666.

I learnt something today. Wow. Haha!

pc_FA @wsngsj. PE ratio is based on previous last 4 quarter eps to calculate. I don't bother much about it normally. I will prefer to look forward eps instead :)
Assume a company can increase eps and share price remain same in future. The PE ratio will automatically "reduce" or "lower" then.
Investment is based on previous performance (financial result or annual report) to judge management ability. We invest for future grow instead :P

29/06/2017 15:54

Wah, the list of Asia Pac countries super long...pc_FA :)

Come, this one got colours de:

http://apcss.org/about-2/ap-countries/

Haha!

certainly hope Tomypak can mimic the last 12-mth price movement of MFCB. :)

Bonus issue & split raise fund? How ah?

Aiyoo....market mood not so good why companies think of raise fund through IPO?

M&A raise fund or spend fund? Buy other company the seller give money ah?

Haha!

hero666 Lately market sentiment are so poor and foreign fund are running away...btw thanks 1mdb after all.... tas y lot of company need to raise fund through split/bonus/esos/ipo/consolidation/m&a..... what to do.... i think more and more news of these on the way...

21/06/2017 10:16

21/06/2017 12:25

Wah.....packaging companies having "bonus issue fever". Haha!

http://www.theedgemarkets.com/article/public-packages-proposes-5for7-bonus-issue

@Eric Fong: could you share with us how the 1.20 fair value is derived?

Aiyoyoyo...won't die de. They are just shares leh. haha!

Bird87 ok la all hold till die ba including me hahaha

15/06/2017 15:13

Yes, and patience towards the management too, to upsize and bring about revenue growth. Haha!

pc_FA @hero666, patience is the key to success :)
For expansion plan, I believe Tomypak management plan to double (Senai + Tampoi) its production capacity (around 36,000 tonnes) by end of FY 2019 and triple (Senai + Tampoi) its production capacity (around 54,000 tonnes) by end of FY 2021 or FY 2022.

Aiyooo...I am a noob learning from pc_FA leh. haha!

hero666 @pc_FA, am so fortunate to have you n ozzie advise over here, prev i'd so much queries for this company, thanks 2u all, can unds this counter better and felt much secure of my investment

10/06/2017 10:31

@albertwarrior: How do the above articles relate to Asiabio?

@pc_FA: Really got chemistry ah! Hope to know you in person, one day. Haha!

Haha!

kenken85 pc_FA whats ur TP? haha. what will be the expected dividend after all this diulation. btw i just top up more at 1.00. average up ..

09/06/2017 11:09

pc_FA @Kim Yi Chia

I'm happy if year end can reach the goal below.

After share split and bonus issue:
Stage-1 @ 2017, RM 3++; >> Adjusted RM 1.2++
Stage-2 @ 2018, RM 4++; >> Adjusted RM 1.6++
Stage-3 @ 2021, RM 6++; >> Adjusted RM 2.4++

***It heavily depend on the financial result/PAT/eps and I might adjust (increase/decrease) the TP later.

06/06/2017 20:40

Indeed. I believe they have earned the credibility in delivery, as endorsed by prominent clients like Ajinomoto, Nestle, Unilever etc, whom I believe adopt stringent vendor pre-qualification and selection processes.

The cost factor will remain a concern, as always, whether is here or anywhere else. No one would invest in a company doing deficit deals or the appointed stewards fail to manage cost reasonably or worse still, have absolute no sense of cost consciousness.

Haha!

pc_FA As compare to raw material and selling price, I believe deliver goods on time will be more concern. As it can bring revenue/sales to both Tomypak and their customers directly. It is no easy to maintain long term relationship with customers to gain their trust. That's why I believe expansion plan is a MUST for long term :)

08/06/2017 18:35

Usually these raw materials are supplied under long term contracts and in Tomypak's case given its size of operation I am more inclined to believe that their raw material cost is reasonably managed in that manner. In Tomypak's contract to supply to customers, there could be certain clause(s) that allow them to reopen and revisit prior agreed pricing, should certain specified price influencing factors (eg. key ingredient cost, exchange rate) reach certain level, and for Tomypak to present and justify to their customer(s) for a possible selling price adjustment.

My imagination ah. I might be wrong. The increasing raw material cost remain a concern, validly.

Haha!

pc_FA @ozzie75, You're right :) I agree with your points regarding raw material costs and selling price.
I have read before which stated that they have "mutual agreement" between Tomypak management, vendors and customers regarding raw material cost and selling price.

08/06/2017 17:42

I would be more inclined to watch their revenue in tandem with their expanded production facilities. Not sure how does their purchasing work. Given the sizeable quantity they would require for the production, I reckon they could have existing contracts with vendors to supply at certain pre-agreed prices and unlikely to be buying based on spot. Nonetheless, increasing raw mat cost remains a valid concern. Thanks for sharing.


rocky77 Be careful of their coming quarter earning as raw material of polymer (PP/PET) has increased in double digit % since early of 2017 to date.

08/06/2017 16:56

Good to see increasing interest in Tomypak.

Just to share this that I chanced upon:

http://www.prnewswire.com/news-releases/growth-of-flexible-packaging-market-forecast-at-511-cagr-to-2021-dominated-by-retort-pouches-segment-581056111.html

Extract from the article:

The Asia-Pacific region accounted for the largest share among all the regions in 2015 and is projected to grow at the highest rate from 2016 to 2021. This is mainly due to increasing demand from end-user industries from countries such as China, India, and Japan, coupled with the growing population and increasing disposable income in these countries.

I won't take it as an absolute, given the ever changing global dynamics. Nonetheless, Tomypak has its focus on the Asia Pacific region and which is projected to grow at the highest rate amid other global growth world areas, and hopefully that do justice and exploit its expanded facilities to the fullest.

Haha!

pc_FA @kt888 88, your average price is much lower than me instead :) After few round of Top-up, my average price is around RM 0.75. My last Top-Up is RM 2.45 (or RM 0.98). I will still slowly accumulate if it drop lower etc. This is what I do now :) Hope it helps.

08/06/2017 10:41

kt888 88 hi pc_FA, my avg price became RM0.69 after the bonus issue. now the is RM1, is it a good price to buy now?w

08/06/2017 09:14

Wah. Very chim. What it means ah?

pc_FA @Kim Yi Chia, just to share that Tomypak warrant is trade at 35% premium, exercise price is 0.93 and Maturity Date is on 21 Jun 2021.

07/06/2017 16:42