And?

backspace wow goes in china market! $$$$

15/05/2017 23:24

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5426401


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5426417

Oooooyaya

Interesting counter. Hopefully the management work harder to strengthen the business fundamentals to generate larger interest crowd.

Wow. So many pointers. Thanks ah, pc_FA. You had been extremely hardworking by sharing your research gatherings here. Dont overstrain yourself, my friend. Do take a break and maybe go for a short holiday before the end of this month, if you could. Honoured to learn from you here. Havea good weekend, my friend.

Factored the bonus and split?

If not, is it:

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++

I anyhow hantam one yah. :)

pc_FA @MamaCat, If everything run smooth and follow as schedule.
It should be around:
Stage-1 @ 2017, RM 3++;
Stage-2 @ 2018, RM 4++;
Stage-3 @ 2021, RM 6++;

Hope it helps.

09/05/2017 11:09

he...he...(it's 3 dots!) :)

seems like another blow water? :)

@jackng06: wow. You have a daring projection. What is the core driver for the big profit?

Wonder what is the size of Leweko's backlog. Anyone? Curious learner here. :)

Here's the news.You have a (relatively) honest broker. :)

http://www.nst.com.my/business/2017/05/236197/daibochi-plastic-secures-regulatory-approval-myanmar-jv

hero666 just receive info from my broker :-

DAIBOCHI has received regulatory approval from Myanmar for its JV proposal to set up flexible packaging operations in that country and export the product to other countries.

Oh yeah. 3.30 is certainly a god-send if it comes. Certainly good to have. :)

R40s @ ozzie75,

How I wish what you said Rm3.30 will happen after share-split & BI, that would make this stock become a super multi-bagger... :-D

Ok... jokes aside, in my post above I said, "... So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20)... "

For FY2016, the Company's Q4 report stated EPS 13.28 sen (based on weighted share base), so the PER is about 16.57 at Rm2.20. If the FY2017 EPS increased 50% to 19.92 sen, assume that the valuation would stay the same at PER 16.57, then the price should be increased to Rm19.92*16.57 or Rm3.30. Based on new share base after Share-split & BI, then the new price would be Rm3.30/2.5 = Rm1.32...

30/04/2017 15:46

No worries, dude. :)

Leoleo Thanks ozzie.

02/05/2017 13:47

Aiyoyo Dragon...sharing is caring mah. Thank you ah..give you a BIG like. :)

Hi, Leoleo, I just got to see your below posts.

I remembered we last spoke on the significant receivables and I did mentioned about concern over the related party connection. And now is not just me and the selected few of us here who said this and now is coming from the external auditors. Simply said, they were not able to obtain further audit evidence (other than 'repeated' same management representation that the amount is recoverable) to support that these amounts are recoverable. Maybe they asked for financial statements of MELL for assessment of repayment capacity but could not get.

Hope all's ok, dude. :)


Posted by Leoleo > Apr 29, 2017 08:56 AM | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=79302&name=EA_GA_ATTACHMENTS

Ozzie what does that mean ? Can help look into the above doc ?

The share price of 3.30 would be rather remote with the impending bonus issue and share split. However, if it comes after both, all I can say is: Wow. :)

Thanks for all the sharing.

"Stage-1 @ 2017 : New total capacity 24,960 tpy (tons per year) at 80% utilization rate (given by Company) or 19,970 tpy, compare to old factory's capacity 19,200 tpy at 70% utilized or 13,440 tpy, the expected new production will be 49% higher. With the new factory's more advanced machinery and production process has higher efficiency, less wastage, lower energy consumption, give better quality products, etc., we can conservatively assume 50% higher revenues and net profits. So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20). That means the WA should be about Rm1.00 if traded without premium. Since the Share/WA prices will still has a Leverage ratio of about 2:1, and maturity date still more than 3 years, it should trade with a premium, assume it will be 20% instead of 35% now, then the WA should be Rm(3.30*1.2 - 2.30) = Rm1.66. So the WA has 129% upside potential vs 50% upside for Shares, after Stage-1 has succeeded."

:) Boleh.

strategisst Staying put....

28/04/2017 10:10

Let's carry on sharing. No one is perfect, but with varying (genuine) views we could help each other navigate better, moving forward. :)

@ozzie75, I'm looking forward CIMB Research value Tomypak expansion plan this year :P

http://www.theedgemarkets.com/article/tomypak-triple-production-capacity
"We maintain our earnings per share forecasts and TP, based on a 40% discount to Daibochi’s 2017 13 times price-earnings ratio target. We are keeping this sizeable discount as we are still unsure about how the company managed to achieve its rapid profit margin recovery after the entry of a new major shareholder in the fourth quarter ended Dec 31, 2014. Switch to Thong Guan Industries Bhd. — CIMB Research, Dec 13"

27/04/2017 12:45

These articles are rather dated. Business conditions vary over time and I reckon they could be of reference value to a certain degree but not absolute indicators. Both articles seemed to have some 'slamming' attempt on Tomypak in favour of the same company, ie. Thong Guan.

Cheers.

pc_FA @koseng, this is what I believe regarding CIMB small cap fund left Tomypak.
CIMB don't look good regarding Tomypak expansion plan.

http://www.theedgemarkets.com/article/cimb-research-downgrades-tomypak-reduce-trims-target-rm184
http://www.thestar.com.my/business/business-news/2016/05/19/tomypak-skids-early-thursday-cimb-research-keeps-reduce-call/

However I have a different view with CIMB research team.
Let see how end of the year :)

26/04/2017 18:03

@Leoleo: in view that the trade receivables are likely to be related party nature, somehow I are inclined towards this hundreds of millions being the source of funds for Halim's 'next move'. :)

Leoleo sumatec trade receivable 400 millions plus. why dun want to pay sumatec ?

because 80 m RM pay to sumatec via private placement . can get 1 billion sumatec share.

you see the diff ?

25/04/2017 09:24

@sharonchin: Thanks for the invite. Done. Cheers.

Thanks for all the sharing, folks. Happy holiday.

@azlan88: thank you.

oh yeah!

@VFTRADER: Thank you for sharing.

Yes, it was by 'Michael_lee'. Thank you, Abang. :)

strategisst Nope...It was brought up by michael_lee

17/04/2017 13:56

Someone said dual listing earlier...?

funda ozzie75, where u get the news of dual listing?
13/04/2017 23:58

Myanmar listing? :)

michael_lee I'm collecting. Don't worry. A certain dual listing is coming...

13/04/2017 16:48

New mgt cannot compare to Mr Lim. Still green and tons to catch up.

Thank you, my friend. I am honoured by your kind words. We know how to reach each other. :)

稻田·* 片片绿青~粒粒芳香 Ozzie bro..

mana satu ur crop... as usual I openly offer toy you.. U can email to me anything... Anything I know I will share with you.. we are long time fren... very close fren

11/04/2017 17:10

@Duit: That is good. Still watching over my crops patiently.Take care of your health. :)

This NZ chartered accountant said something back in 2014 “If I sell the shares now, I may not be able to pick them up later at better prices. I intend to increase my stake, not reduce it.”

And now....20+% to now 18%.....moving in opposite direction...aiyooo.

@Duit: 一切安好? 高兴在这看到你。

Didn't Brahmal buy in around 81-82 sen?

:)

@pc_FA: I see financial statements i headache already. Nvr study much. :( thank you ah. Otherwise those management bluff noobs like me also nobody care.

@pc_FA: Wow. You macam cut up the whole company and investigate. Good on you. You cfo/fc/cio ah? Very detailed info. Thank you ah.

Aiyoyo, like this also want to resurface ah?

Most important, tomypak holders stand to gain mah. Hahaha

dotasifu Posted by ozzie75 > Mar 16, 2017 02:49 PM | Report Abuse

@pc_FA: I think the bonus issue is a bogus. Time will tell.

some one tell this is bogus issues ;)
05/04/2017 22:56

Really come as a surprise, and a sweet one. :)

WA is son. :)

Ooooyeah

:)....shhh...

strategisst Hello bro ozzie75.... are you in?

30/03/2017 11:50

:)

Good morning, folks.

Aiyoo...so many 'pondskaters'.

:)

strategisst @Leoleo and friends...buy ock...

29/03/2017 21:10

What is ACCA standard requirement?

geary Deferred profit are ACCA standard requirement. The BODs' are conservative wz its financial report. Actual EPS should be around 0.13 per share wz a revenue of 641M. Reasonable price should be below 1.40. Strong earnings ahead n will outperform. Thanks!

27/03/2017 18:03

Thanks for sharing your view, pc_FA.

Would you buy a weak company? :)

"A weak company like Iris will be a good attraction to foreign buyers and partnership (like DRBH and FGV) will formed a good liaison for future."

Have a good evening and weekend, folks. :)

Don't be the last one being devoured by the sharks.

http://www.cnbc.com/2017/03/23/oil-prices-into-the-30s-if-opec-cant-keep-it-together.html