ORNAPAPER BHD

KLSE (MYR): ORNA (5065)

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Last Price

1.14

Today's Change

-0.02 (1.72%)

Day's Change

1.05 - 1.14

Trading Volume

33,900


2 people like this.

1,374 comment(s). Last comment by koowakzai 1 month ago

strattegist

23,096 posts

Posted by strattegist > 2021-07-09 20:24 | Report Abuse

untraded

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-10 09:02 |

Post removed.Why?

stockraider

29,440 posts

Posted by stockraider > 2021-07-10 10:05 | Report Abuse

Tiap tiap hari good morning buat apa leh ?

WB888888

436 posts

Posted by WB888888 > 2021-07-12 12:30 | Report Abuse

Time to for carton box trend. KYM on rise. pls carton box counter Orna Muda/PPHB follow up. No more sleep

strattegist

23,096 posts

Posted by strattegist > 2021-07-12 18:01 | Report Abuse

red 1.36 ... down 7sen

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-13 08:53 |

Post removed.Why?

strattegist

23,096 posts

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

green 1.37

strattegist

23,096 posts

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

green 1.43

strattegist

23,096 posts

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

red 1.42

strattegist

23,096 posts

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

flat 1.42

strattegist

23,096 posts

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

red 1.40

strattegist

23,096 posts

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

koowakzai

247 posts

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.

Glaceau

170 posts

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-pape...

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.

strattegist

23,096 posts

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

green 1.51

strattegist

23,096 posts

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

steady

koowakzai

247 posts

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

strattegist

23,096 posts

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

green 1.54

strattegist

23,096 posts

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

red 1.48

strattegist

23,096 posts

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

red 1.43

strattegist

23,096 posts

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

red 1.40

strattegist

23,096 posts

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

flat 1.39

strattegist

23,096 posts

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

green 1.40

koowakzai

247 posts

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

Flat 1.40

strattegist

23,096 posts

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

red 1.39

strattegist

23,096 posts

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

flat 1.39

strattegist

23,096 posts

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

red 1.38

strattegist

23,096 posts

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

green 1.39

koowakzai

247 posts

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

red 1.37

strattegist

23,096 posts

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

red 1.37

koowakzai

247 posts

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

green 1.40

strattegist

23,096 posts

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

green 1.40

strattegist

23,096 posts

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

red 1.37

strattegist

23,096 posts

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

green 1.39

strattegist

23,096 posts

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

red 1.36

koowakzai

247 posts

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

Green 1.38

strattegist

23,096 posts

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

green 1.38

strattegist

23,096 posts

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

untraded

koowakzai

247 posts

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

Green 1.41

NawaMan

509 posts

Posted by NawaMan > 2021-12-16 15:32 | Report Abuse

strattegist why today so many people buy? got something on isit??

镠公公

649 posts

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

Black 1.37

镠公公

649 posts

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

Purple 1.45

Posted by MikiMouse69 > 2 months ago | Report Abuse

Excellent result. Congratz

Glaceau

170 posts

Posted by Glaceau > 2 months ago | Report Abuse

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

coolwater

35 posts

Posted by coolwater > 1 month ago | Report Abuse

急急令,ORNA PAPER is coming

koowakzai

247 posts

Posted by koowakzai > 1 month ago | Report Abuse

Potential M

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