Muda will do better than Orna, raw material cost for Muda is decreasing while for Orna is increasing with higher finish product price for both, Muda will make better profit in the long run.
from the above article global-times,cn the selling price for carton latest is 4711 yuan per ton, that equivalent to RM2937, last year before price increase Muda was selling it at RM2300/1.4=RM1645 There is a RM2937/1645=78.5% increase in selling price while cost for waste paper has reduced (minimum 20%). Muda will be making so much profit from now onwards, TP RM8. Don’t let it go guys
4th quarter of 2017, Muda increased their selling price by 40% to RM2300, so before increase is 2300/1.4=RM1645, latest price based on China price about RM2937
It will be helpful if anyone can provide the latest selling price in Malaysia..nevertheless we all still can wait for another 3 trading days for the qr
the increased in finished product price and collapsed of waste paper price are mostly after 1st April which is not included in 1st qtr report, Muda will report exceptional performance from qtr 2 onwards, nevertherless qtr 1 will also report good result since they are selling it at RM2300 per tonne and waste paper also drop in price but not much.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Outstand
151 posts
Posted by Outstand > 2018-05-21 16:12 | Report Abuse
Able to reach 3?