Posted by kasinathan > 2018-02-26 14:04 | Report Abuse

Wonderful and insightful report worthy for million RM

Posted by Ramada > 2018-02-26 15:18 | Report Abuse

MUDA - The only one upstream player. But cash flow so-so.
ORNA - The best among downstream players. Good management and good cash flow.
PPHB - Good profit margin but never pay dividend.
MASTER - Second best after ORNA. Their final quarter always the best.

Posted by Ramada > 2018-02-26 15:29 | Report Abuse

ORNA is located in Malacca town. Here also has a huge paper mill which named Lekok. I guess Lekok supplying raw materials to ORNA. Lekok also one of the substantial shareholders of ORNA.

Posted by JayC > 2018-02-26 15:53 | Report Abuse

how to buy ORNA!!! totally no volume!!!

Posted by kyosan > 2018-02-27 13:07 | Report Abuse

ermm,,you forgot MINHO bro, they got that business also and its their major manufacturing.

Posted by Lau333 > 2018-02-27 18:42 | Report Abuse

bro kyosan, looking at the business activities, MINGHO doesn't look like corrugated packaging to me...
http://www.minhobhd.com/business.html

Posted by Lau333 > 2018-02-27 18:56 | Report Abuse

MUDA limit up at 30%, close 1.69
ORNA up 15.5%, close 1.52
PPHB up 11.76%, close 0.76
MASTER up 8.06%, close 0.67
BOX-PAX up 7.08 %, close 1.21

Undoubtedly a good day for corrugated packaging companies...

Posted by kyosan > 2018-03-05 14:01 | Report Abuse

bro kyosan, looking at the business activities, MINGHO doesn't look like corrugated packaging to me...
http://www.minhobhd.com/business.html

ahh sorry bro...

then i found Jaycorp has corrugated packaging business.., however its only 9.6% contribute to their revenue.

Posted by probability > 2018-05-23 00:19 | Report Abuse

Good work Lau....continue your sharings.