I think corrugated box makers in Malaysia very cooperative through Malaysian Corrugated Carton Manufacturers' Association (MACCMA). They adjust selling price to higher level due to higher raw material, it's good to downstream players like MASTER, ORNA and PPHB, very healthy competition.
My understanding is raw material is NOT cheap. BUT high selling price and high demand there, especially from china. They can easily passing the cost to costumers since they are very cooperative through MACCMA. They adjusted selling price several times already since 2017.
many kaki contra panic. Be realistic a bit; Master is not deliver bad QR just not good enough. Perhaps this counter is not goreng counter; the price is not sudden limit up or down.
Another important thing is the market share is so limited; weak holder only shake out little bit of free float shares only
this is a growing stock...recently, their quarterly report better and better. very tightly held. 54 milllion shares only. latest quarterly earnings 2.5 sen . Should be worth more than 80sen. undervalue stock.
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....
Ramada
655 posts
Posted by Ramada > 2018-02-21 19:42 | Report Abuse
I think corrugated box makers in Malaysia very cooperative through Malaysian Corrugated Carton Manufacturers' Association (MACCMA). They adjust selling price to higher level due to higher raw material, it's good to downstream players like MASTER, ORNA and PPHB, very healthy competition.