I like this commnet from Management in quarterly report: Management is still working relentlessly to keep up to the demands of customers. Means, next quarter the earning still can be sustained as the demands from customer still high!
The corrugated paper packaging producer’s net profit jumped 171% to RM3.48 million in the second quarter ended June 30, 2019 (2QFY19), from RM1.28 million a year ago, as it records higher revenue following a surge in demand from existing customers.
Revenue grew 54.16% to RM50.56 million from RM32.8 million. The group has paid an interim dividend of two sen per share amounting to RM1.09 million for FY19.
problem with PPHB and the like BRIGHT packaging is that their margins indicate a spike due to one off events which are not sustainable unlike MASTER PACK
huat lo. there is a article about the trade war most benesift sector. some where march 12th 2019. i think is in nanyang or 星洲 got one dato say regarding current trade war issue.and packging company most benefits it.
Yeah, uncle koon bought long time ago. As long as uncle koon is still holding, no problem for master. Uncle koon + Otb can move any stocks ooh. Good for their followers.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Kei2
96 posts
Posted by Kei2 > 2019-11-23 22:08 | Report Abuse
Looks like majority of the people think it will fly on Monday. What’s the expectation? 10-15%?