@abangadik, I dig my head to read the quarter report and annual report few rounds :P To make sure I no invest at wrong company :D Luckily Tomypak is a good choice ^.^
abangadik, what is your understanding regarding the expansion plan for Tomypak from 2017 to 2021? My understanding seems to be easy :P One advance metalizing machine can produce 19,000 metric tons. They have set up one this year. So the total production can up to 35,000 metric tons. They can install another one more advance metalizing machine next year and it will have 54,000 metric tons after then. Last one at 2021. I might be wrong :P Thus I need your guys to verify it :D
You are most welcome. Sharing is caring. Hehe. As mentioned earlier, Tomypak no qualify for bonus issue yet. I quite confident it is rumour. I don't know what is his/her intention. Anyway it is no good to spread rumour without clarify and look at the Tomypak financial result etc.
@pc_FA, from what i observed 7285 Trading pattern and volume, can i predict nothing big it's going to spike until the next Q report, end MAY? I'm thinking not to hold any longer, wanted to go to other counter until before the Q report. What's your suggestion?
Tomypak is the leader of packaging industry just like Topglove as the daigor stock for glove industry. Tomypak is in the midst of expanding its production capacity, so have to give it more time to bear fruits.
@hero666, I don't think will have bonus issue as mentioned earlier. May I know why you invest at Tomypak earlier? Due to bonus issue rumor? Or its expansion? Or company future outlook? I will hold Tomypak till 2018 at least :) I invest Tomypak for long term at first place. Once the financial result show good, share price will up for sure. I believe it should be range between RM 2.00 - RM 2.20 till next quarter result (end of May).
@pc_FA, to be honest, yes, buy in when the rumor of bonus & split come to me..bought in at 2.10 and 2.14 highest time. Quite late come in, now kinda confused whether continue to hold due to the rumor is untrue
@hero666, no worry much. I can understand it. That's why I feel is annoying with those bonus issue and rumor. It is misleading information to other. It might be happen in future. But I don't think is now. The current uptrend of Tomypak most probably due to its expansion plan in 2017 and 2018. Frankly speaking, I quite confident with the management team. I have some deep research at Tomypak. I believe it should be able to reach at least RM 2.50 - RM 3.00 this year (depend how Mr Market value its PE). As long as company grow. I won't worry much. Share price sure will UP once company is grow. Tomypak's management team is very talent and experience if you look at their background and past experience.
Ok thanks for your advise, will monitor few more days. Cause im thinking since tomypak didnt fluctuate much, i can always sell and still able to buy back at 2.10 even after 2-3 week later. Aiming at MBSB and GADANG.
@hero666, you are most welcome. You're right. Tomypak share price is quite stable. GADANG is fundamental good stock as well :) Used to be one of my favourite stock too ^.^
@hero666, For the 3 months period ended 31 December 2016, the Group achieved RM51.17 million revenue and recorded historical PBT (RM7.36 million in this quarter), primarily arising from better gross margins achieved from the better sales mix.lower raw material costs during the current quarter. I think it is one of the reason why Tomypak share price up recently :)
hero666 u feel secure because the price go up right? haha. dont trust anyone. trust only 1 thing. annual report. read it. analayze it. everyone can cincai talk here, but of cuz pc_FA provide a lot of good info. thanks dude
@Ken, lolz so honest and direct la u lolz damn you.. Actually i really hope the rumor is true, but since our frenz analysis show current company profile and condition may not possible, then the only thing to do is wait the Q report at end may.
@hero666, you will agree that Bonus Issue is rumor when you look at Share Capital and Retained Earning of Tomypak :P Anyway I will expect 20-30% growth per year by the new management team :)
@pc_FA , thanks bro, will study on it. Btw Gadang, aka ur fav counter, hot hot hot, MBSB worth of investment for long term, i expect by May M&A will soar high to the mars
Gadang is a good fundamental stock. My average cost is around RM 2.00. I buy on May 2016. I sold Gadang and switch the money to Tomypak. I not sure is a good decision or not. But at least it suits my investment style. The reason I sold Gadang just because I aware it is one of stock that can "Short Selling" by institute investor etc :( I worry those institute investor "manipulate" the share price. It is unfair for us. And I worry the new secure project etc. Anyway their fundamental still good.
With Daibochi good news... This sector will get a rerate as well.. With this DY from Tomypak.. I will hold until the full catalyst from new plant kick in and show up on qr.
Daibochi announced bonus issue of 2 for 10 and 1 free warrant for every 10 existing shares yesterday. Feb 2016 also announced bonus issue of 1 for 2 and subdivision of shares into 2. Daibochi's market cap is 675m and rolling PE is 27.52 now! Tomypak's market cap is only 363m and rolling PE is only 19.73.
Oh ya!! never monitor the WA before , omg way way way higher than the mother!!! exercise price 2.29 ?! what does this suppose to mean, probably mother is undervalue or a con ??
n behalf of the Board of Directors of Tomypak, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:
(i) proposed share split involving the subdivision of every 1 existing ordinary share in Tomypak (“Share”) into 2 ordinary shares in Tomypak (“Subdivided Share(s)”) held by the shareholders of the Company whose names appear in the Record of Depositors of the Company as at the close of business on an entitlement date (“Entitled Shareholders”) to be determined and announced later (“Entitlement Date”); and
(ii) proposed bonus issue of up to 111,556,120 new Shares (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 4 Subdivided Shares held by the Entitled Shareholders on the Entitlement Date.
TOMYPAK HOLDINGS BERHAD ("TOMYPAK" OR THE "COMPANY")
(I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") On behalf of the Board of Directors of Tomypak, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:
(i) proposed share split involving the subdivision of every 1 existing ordinary share in Tomypak (“Share”) into 2 ordinary shares in Tomypak (“Subdivided Share(s)”) held by the shareholders of the Company whose names appear in the Record of Depositors of the Company as at the close of business on an entitlement date (“Entitled Shareholders”) to be determined and announced later (“Entitlement Date”); and
(ii) proposed bonus issue of up to 111,556,120 new Shares (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 4 Subdivided Shares held by the Entitled Shareholders on the Entitlement Date.
It don't reach my target price yet. Good management and good company. Worth to keep for Long term to enjoy the company expansion plan. If short term play, then might need to see how Mr Market react to share split and bonus issue news.
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pc_FA
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Posted by pc_FA > 2017-03-24 10:27 | Report Abuse
@abangadik, I dig my head to read the quarter report and annual report few rounds :P To make sure I no invest at wrong company :D Luckily Tomypak is a good choice ^.^