Posted by strattegist > 2021-07-13 17:50 | Report Abuse

green 1.37

Posted by strattegist > 2021-07-14 17:40 | Report Abuse

green 1.40

Posted by strattegist > 2021-07-15 17:50 | Report Abuse

green 1.43

Posted by strattegist > 2021-07-16 23:14 | Report Abuse

red 1.42

Posted by strattegist > 2021-07-19 17:50 | Report Abuse

flat 1.42

Posted by strattegist > 2021-07-21 18:07 | Report Abuse

red 1.40

Posted by strattegist > 2021-07-22 21:37 | Report Abuse

untraded

Posted by karuppudurai > 2021-07-22 22:08 | Report Abuse

hello. still sleeping la this counter

Posted by strattegist > 2021-07-23 17:55 | Report Abuse

green 1.45

Posted by koowakzai > 2021-07-27 17:54 | Report Abuse

red 1.40

Posted by VibraniumBull > 2021-07-28 10:53 | Report Abuse

Watching grass grow is faster than the growth of this share.

Posted by Glaceau > 2021-08-01 01:01 | Report Abuse

Ornapaper Berhad - A great company controlled by a conservative and old management team or perhaps a few 'old' individuals.

Recently, many companies with Outstanding Shares approx 100mil and below has been bought up to the extend of limit up. Orna potentially could be the next target as it has been thinly traded for many months with only 75mil Outstanding Shares.

Orna is great company which was a potential takeover target by Oji Paper which is one of the largest paper products companies in the world. There were such rumours circulating around the investment community though corporate events of such may not be likely to happen especially in view of the current Covid situation.

On the other side of thinking, the management may try to take advantage of the current undervalued pricing by planning the next few steps ahead be it privatising or other corporate activites if not continuing the the hibernating.

The current price as of 30th July 2021 was RM1.44 and the closing prices for the past 1 month has been around RM1.4X plus minus.

It is definitely another frustrating/undervalued stock in Bursa, controlled by the family members (Sai's Family) with a conservative way of running a paper products business (compared to Muda Holdings's Lim Family, more aggressive management). If you not already know, Mr Sai Chin Hock, the Executive Director and major shareholder of Orna is also the owner of Julie's Biscuit - a great confectionery company based in Melaka.

The big question is why Orna still maintain the listing status when the purpose of listing is just to put your company in hibernation mode instead of fully utilising the benefits of being a listed company. Yes it is definitely useful to let people know that it is a listed company to gain respect (another session for discuss further, not relevant in today's session). To summarise, the management will not care much about the minority shareholders' opinion and investing in Orna is a game of patience to see who will last longer...

1. https://www.theedgemarkets.com/article/edge-weekly-more-ma-likely-paper-packaging-industry

2. https://en.m.wikipedia.org/wiki/Oji_Paper_Company

This sharing is just for extra informational purposes only. It is vital to do your own study and analysis before making any investment decision.

Posted by strattegist > 2021-09-07 01:04 | Report Abuse

green 1.51

Posted by strattegist > 2021-09-07 10:28 | Report Abuse

steady

Posted by koowakzai > 2021-09-07 17:12 | Report Abuse

1.54 green. Volume has increased 10x for the the last 3-4 days. Momentum building up for 2nd gear. Go go

Posted by strattegist > 2021-09-07 17:37 | Report Abuse

green 1.54

Posted by strattegist > 2021-09-08 17:58 | Report Abuse

red 1.48

Posted by strattegist > 2021-09-09 21:53 | Report Abuse

red 1.43

Posted by strattegist > 2021-09-13 18:33 | Report Abuse

red 1.40

Posted by strattegist > 2021-09-15 18:16 | Report Abuse

flat 1.39

Posted by strattegist > 2021-09-20 18:03 | Report Abuse

green 1.40

Posted by koowakzai > 2021-09-21 21:26 | Report Abuse

Flat 1.40

Posted by strattegist > 2021-09-22 18:00 | Report Abuse

red 1.39

Posted by strattegist > 2021-09-24 17:22 | Report Abuse

flat 1.39

Posted by strattegist > 2021-09-27 17:44 | Report Abuse

red 1.38

Posted by strattegist > 2021-09-28 23:08 | Report Abuse

green 1.39

Posted by koowakzai > 2021-09-29 18:17 | Report Abuse

red 1.37

Posted by strattegist > 2021-09-29 18:18 | Report Abuse

red 1.37

Posted by koowakzai > 2021-09-30 17:09 | Report Abuse

green 1.40

Posted by strattegist > 2021-09-30 18:12 | Report Abuse

green 1.40

Posted by strattegist > 2021-10-01 18:34 | Report Abuse

red 1.37

Posted by strattegist > 2021-10-04 17:11 | Report Abuse

green 1.39

Posted by strattegist > 2021-10-05 23:06 | Report Abuse

red 1.36

Posted by koowakzai > 2021-10-06 19:24 | Report Abuse

Green 1.38

Posted by strattegist > 2021-10-06 21:50 | Report Abuse

green 1.38

Posted by strattegist > 2021-10-07 17:46 | Report Abuse

untraded

Posted by koowakzai > 2021-10-13 17:19 | Report Abuse

Green 1.41

Posted by 镠公公 > 2022-01-14 18:17 | Report Abuse

Black 1.37

Posted by 镠公公 > 2022-01-17 19:00 | Report Abuse

Purple 1.45

Posted by MikiMouse69 > 2022-02-24 18:21 | Report Abuse

Excellent result. Congratz

Posted by Glaceau > 2022-02-24 23:45 | Report Abuse

Just old management not willing to either grow or sell the business.

Posted by coolwater > 2022-03-30 12:52 | Report Abuse

急急令，ORNA PAPER is coming

Posted by koowakzai > 2022-03-30 16:50 | Report Abuse

Potential M

Posted by taihai > 2022-09-02 15:46 | Report Abuse

now invest companies with small assets for safety??

Posted by opustang > 2022-09-20 15:37 | Report Abuse

orna....,long time coming. moving fast....cheap and good

Posted by koowakzai > 2022-09-21 18:05 | Report Abuse

Take over price so low. Not fair to shareholders. Share holder need to reject

Posted by firehawk > 2022-09-21 22:19 | Report Abuse

1.06 Ha Ha Ha !!!

Posted by Maison118 > 2022-10-25 14:14 | Report Abuse

又是一个老千酱紫来骗钱。这些老板们有良心吗？

Posted by strattegist > 2 months ago | Report Abuse

Wishing everyone a very happy healthy wealthy and prosperous Chinese New Year... Gong Xi Fa Cai

Posted by ramipaper > 4 days ago | Report Abuse

Found your post interesting to read.