BP PLASTICS HOLDING BHD

KLSE (MYR): BPPLAS (5100)

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Last Price

1.28

Today's Change

+0.02 (1.59%)

Day's Change

1.25 - 1.28

Trading Volume

115,900


2 people like this.

1,252 comment(s). Last comment by Dehcomic01 2023-08-18 11:32

cherry88

975 posts

Posted by cherry88 > 2021-08-23 12:57 | Report Abuse

Both Kenanga and Malacca had raised its TP to RM3.15 and RM3.06 respectively, mainly from its capacity expansion (as mentioned above) as well as its improvement in margin even with its 60% workforce.
Personally, I did not revise my own TP as yet....maintaining at RM2.40 !

Brutus

292 posts

Posted by Brutus > 2021-08-23 13:39 | Report Abuse

Both these TP, the market cap will be larger than SCGM. Does not make sense as BPPLAS in factory size is no where near SCGM.

Posted by tradesafely > 2021-08-23 15:59 | Report Abuse

congrats to those holding :)

cherry88

975 posts

Posted by cherry88 > 2021-08-23 17:02 | Report Abuse

Do u think TP of RM2.40 make sense to you ?

Posted by tradesafely > 2021-08-23 17:07 | Report Abuse

of course. personally i am holding at average RM1.3x, and don't really plan to take profit unless probably if it goes up too fast say RM3. otherwise, will just take the dividends and observe how things go next quarter.

Brutus

292 posts

Posted by Brutus > 2021-08-23 17:54 | Report Abuse

@cherry88, of course it does make sense @ 2.40 based on their fundamentals. There will be a group who believe fundamentals are dead in BURSA.
I invested in BPPLAS for long term, maybe perpetually!

Posted by treasure_seeker > 2021-08-23 18:42 | Report Abuse

still holding tight too.. at average of 93 sen, no strong reason to let go yet while dividend yield is still good.. & profits are growing

Lyo82

396 posts

Posted by Lyo82 > 2021-08-24 10:11 | Report Abuse

Keep growing, keep holding, simple as that.

JayC88

898 posts

Posted by JayC88 > 2021-08-26 18:52 | Report Abuse

hmm tguan surged last min today

cherry88

975 posts

Posted by cherry88 > 2021-08-31 11:31 | Report Abuse

Hope you all enjoy the gain. As I have reached my destination, and would like to transit to other board. will see u guys in other board soon.

TanChinku

188 posts

Posted by TanChinku > 2021-08-31 11:32 | Report Abuse

Yes, cherry88

Thkent91

195 posts

Posted by Thkent91 > 2021-08-31 21:41 | Report Abuse

no reason to sell unless it reaches 2.52 (PE 12)

Posted by CHONG Kong Hui > 2021-09-01 20:55 | Report Abuse

Scientx 15
Tguan 12
Bpplas

Sardin

795 posts

Posted by Sardin > 2021-09-02 17:23 | Report Abuse

Cherry88 thanks.

Lyo82

396 posts

Posted by Lyo82 > 2021-09-03 17:32 | Report Abuse

My humble opinion, BPPLAS is still broadly undervalued. No need look far, just compare to its closest peer SLP. No right or wrong to continue buy, hold or sell. It all depends on individual's investment strategy and risk appetite.
Happy investing!

Posted by CHONG Kong Hui > 2021-09-05 18:55 | Report Abuse

Sold half at 2.17 earlier this week
Happy to buy back on weakness

Posted by wallstreetrookie > 2021-09-08 16:32 | Report Abuse

Funny thing is, I checked most of the profile of the people who commented here. I think they all followed the advice of the same Facebook guru. Lol

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-08 16:33 | Report Abuse

Nice gap up...

Posted by wallstreetrookie > 2021-09-08 19:58 | Report Abuse

Pump and dump. Packaging companies are showing peak earnings.

Posted by wallstreetrookie > 2021-09-08 19:59 | Report Abuse

Don't ask me why because I missed out on this crazy bull run haha

Brutus

292 posts

Posted by Brutus > 2021-09-08 20:06 | Report Abuse

Wow! Just WOW! Maybe after Ex-Date will continue to uptrend? Do really hope so.
Internal staff accumulating? Another excellent QR coming up with Special Dividends?

Thkent91

195 posts

Posted by Thkent91 > 2021-09-08 21:34 | Report Abuse

the management should have just issue bonus 1:2 and can continue to gives out 2 sen dividend per quarter. just saying

Brutus

292 posts

Posted by Brutus > 2021-09-08 21:41 | Report Abuse

The last time they declare 1:2 Bonus Issue was way back 2008, more than 13 years ago! Maybe this round 1:1 since only 187M shares issued.

Posted by treasure_seeker > 2021-09-08 22:21 | Report Abuse

as profits & revenues grow from quarter to quarter, price going up is expected, it is just either sooner or later.. when price starts to over value, then its time to let go

Posted by wallstreetrookie > 2021-09-08 22:44 | Report Abuse

For long term investment, Scientex is definitely better. For capital growth, pick BP Plastic. I missed out on this company because I honestly thought they are not supposed to beat earnings last quarter. Again, I am not suspecting that the management is cooking the book but the peak growth for packaging materials usually lasts even shorter than glove companies. Glove companies peak growth is around 3 - 4 quarters whereas packaging materials lasts around 2 - 3 quarters.

Posted by wallstreetrookie > 2021-09-08 22:44 | Report Abuse

Again, a disclaimer. I am bearish on this company because I missed out. Not because I wanna cheap shares.

Posted by MrRightMrLeft > 2021-09-09 11:51 | Report Abuse

Yeah..should b given BI for next Q

Brutus

292 posts

Posted by Brutus > 2021-09-09 20:46 | Report Abuse

WOW! The share price already passed SCGM! Now catching up to TGUAN.

Brutus

292 posts

Posted by Brutus > 2021-09-10 21:33 | Report Abuse

Exciting times ahead for those who are still holding onto BPPLAS! In 2 more weeks expecting fat dividends.

Samuelgold

179 posts

Posted by Samuelgold > 2021-09-11 12:58 | Report Abuse

Oh pang72 it’s nice to c u here

cherry88

975 posts

Posted by cherry88 > 2021-09-11 15:47 | Report Abuse

Conglats to those who still hold it

Dakewlest

1,746 posts

Posted by Dakewlest > 2021-09-12 05:52 | Report Abuse

Can still enter or too high now?

awesome20

1,184 posts

Posted by awesome20 > 2021-09-12 17:09 | Report Abuse

last month was below 2.00 now strong bull uptrend
target 3.00/3.50 as long as fintec not buying

Jarklp

175 posts

Posted by Jarklp > 2021-09-12 18:54 | Report Abuse

This company has been quite rewarding over the last few years, I like boring small cap companies with stable earnings.

Dakewlest

1,746 posts

Posted by Dakewlest > 2021-09-15 18:28 | Report Abuse

RM3.00 soon. Hopefully.

VenFx

14,784 posts

Posted by VenFx > 2021-09-16 21:31 | Report Abuse

MOOooooooo silently

Sardin

795 posts

Posted by Sardin > 2021-09-20 16:28 | Report Abuse

I'm expecting EPS 6 sen per share at least, for Q3.

Sardin

795 posts

Posted by Sardin > 2021-09-20 16:29 | Report Abuse

And expecting EPS to be able to maintain 24 sen annually next year. Reasonable?

Sardin

795 posts

Posted by Sardin > 2021-09-22 11:42 | Report Abuse

No so difficult to go to 2.80 again. Just another equally good quarter report will do.

Samuelgold

179 posts

Posted by Samuelgold > 2021-09-23 11:32 | Report Abuse

Bought some again at 2.40

Dakewlest

1,746 posts

Posted by Dakewlest > 2021-09-26 12:04 | Report Abuse

Based from AR 2020, page 116, top 30 shareholders collectively own 78.87% of total shares. When more people buy bpplastics shares in the open market, this will easily push the price higher. Afterall, maybe this year profit is going to be higher than last year. Total PAT for QR1 and 2 is already 24.4 million. PAT for 2020 is 29.6 million.

Posted by yongleecheng > 2021-09-27 12:51 | Report Abuse

https://klse.i3investor.com/blogs/MplusOnline/2021-09-27-story-h1571738182-Market_Chat_4Q21_Outlook_Strategy_Recovery_begins_with_an_ENDemic.jsp
Sector and stock picks for 2Q21
Building Materials: OKA, SCGBHD, OMH
Construction: AME, JAKS
5G-related: BINACOM, OCK, ROHAS
Healthcare: OPTIMAX, SCOMNET
Plastic/ paper packaging: BPPLAS

Samuelgold

179 posts

Posted by Samuelgold > 2021-09-28 22:39 | Report Abuse

Thx again BP, u never disappoint me

Posted by warrenchok90 > 2021-09-30 14:25 | Report Abuse

Bp > tguan

Samuelgold

179 posts

Posted by Samuelgold > 2021-09-30 14:51 | Report Abuse

Keep on going bp, tp 2.90

Vbslim

30 posts

Posted by Vbslim > 2021-09-30 18:34 | Report Abuse

Bonus issue. 2-1 + 5-1 warrant.

pantor

319 posts

Posted by pantor > 2021-09-30 19:31 | Report Abuse

Wow good. Bonus and free warrants

Brutus

292 posts

Posted by Brutus > 2021-09-30 22:20 | Report Abuse

https://www.theedgemarkets.com/article/bp-plastics-announces-1for2-bonus-issue-free-warrants

Wow! Looking forward to it! Get more and more shares!

Dakewlest

1,746 posts

Posted by Dakewlest > 2021-10-01 00:55 | Report Abuse

Hopefully reach RM3 soon.

gohkimhock

2,939 posts

Posted by gohkimhock > 2021-10-01 00:59 | Report Abuse

Bonus issue has nothing to do with the fundamental of the stocks. Look at Pharmaniaga and Duopharma after the bonus issue. Keep on drifting down..

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