Posted by hero666 > 2017-05-04 11:13 | Report Abuse

just receive info from my broker :-

DAIBOCHI has received regulatory approval from Myanmar for its JV proposal to set up flexible packaging operations in that country and export the product to other countries.

Apparently daibochi outperform tomypak so well >.<!

Posted by ozzie75 > 2017-05-04 16:38 | Report Abuse

Here's the news.You have a (relatively) honest broker. :)

http://www.nst.com.my/business/2017/05/236197/daibochi-plastic-secures-regulatory-approval-myanmar-jv

hero666 just receive info from my broker :-

DAIBOCHI has received regulatory approval from Myanmar for its JV proposal to set up flexible packaging operations in that country and export the product to other countries.

Posted by pc_FA > 2017-05-05 09:52 | Report Abuse

Mr LIM HUN SWEE is the Executive Director of JOHORE TIN BERHAD and TOMYPAK HOLDINGS BERHAD. Hopefully Tomypak can follow uptrend like JOHOTIN under Mr Lim's management :)

Posted by leslieroycarter > 2017-05-05 10:30 | Report Abuse

received annual report n proposal on share split n bonus . I guess it will b beneficial to invest for long term . if buy 4 will get 10 n buy 8 will b 20 then. invest in 40 will give u 100. it surely served the purpose to keeping for long term investment.

Posted by pc_FA > 2017-05-05 10:32 | Report Abuse

Below is my forecast for upcoming 2017Q1 financial result:

Good things:
1. Revenue increase;
2. Increase in local and export sales;
3. Better wastage control and improved operations efficiency;
4. Higher profit margin;

Bad things:
1. Lower foreign currency gain (a weaker MYR versus the USD);
2. Increase in raw material costs;
3. Higher global crude oil prices;

Forecast eps will be around 3 sen (assume net profit margin range from 8-10%).
The financial result will be much better and significant improve at 2017Q2 onward :)

Posted by hero666 > 2017-05-05 10:42 | Report Abuse

@pc-FA, ur observation is sharp ! Same setback for daibochi - DAIBOCHI's net profit fell 11% in 1QFY17 to RM5.77m due to lower forex gain and higher raw material costs.

Posted by R40s > 2017-05-05 11:02 | Report Abuse

This Tomypak really test our patience, its prices already yo-yo for 1 month and still at around Rm2.20... while watching other stocks fly... :-(

Posted by hero666 > 2017-05-05 11:22 | Report Abuse

@R40s, so true, so so true. so sad, while my dnex d from 0.4 to 0.65 now, pesona, myeg all fly skyrocket..... this counter actually comparatively too low in roi in short term, unless we wanted to wait until 2018 ... 2019... we may not see able to harvest, but in such long window of holding, there's too much risk along the way, too high risk btw

Posted by pc_FA > 2017-05-05 12:17 | Report Abuse

I have to wait for another 20 month to harvest Tomypak's fruit :) It is a long journey. While waiting, can explore other potential stock too :) Hopefully everything is running smooth without any delay.

Posted by ampabella > 2017-05-05 23:38 | Report Abuse

Tomypak is a big big fatimah very very lazy, u see lat cartoon that fat lady carry a big bag and funny spectacle, she is fatimah lah

Posted by omgimnoob > 2017-05-06 21:18 | Report Abuse

Comparing dnex with tomypak. One is company that pays dividend quarterly, another one? I dunno..

Posted by MamaCat > 2017-05-09 10:29 | Report Abuse

Ideal price for Tomypak should fly to what price ?

Posted by pc_FA > 2017-05-09 11:09 | Report Abuse

@MamaCat, If everything run smooth and follow as schedule.
It should be around:
Stage-1 @ 2017, RM 3++;
Stage-2 @ 2018, RM 4++;
Stage-3 @ 2021, RM 6++;

Hope it helps.

Posted by ozzie75 > 2017-05-09 11:53 | Report Abuse

Factored the bonus and split?

If not, is it:

Stage-1 @ 2017, RM 3++; >> Adjusted RM 1.2++
Stage-2 @ 2018, RM 4++; >> Adjusted RM 1.6++
Stage-3 @ 2021, RM 6++; >> Adjusted RM 2.4++

I anyhow hantam one yah. :)

pc_FA @MamaCat, If everything run smooth and follow as schedule.
It should be around:
Stage-1 @ 2017, RM 3++;
Stage-2 @ 2018, RM 4++;
Stage-3 @ 2021, RM 6++;

Hope it helps.

09/05/2017 11:09

Posted by pc_FA > 2017-05-09 12:07 | Report Abuse

@ozzie75, thanks for your correction :P

After share split and bonus issue:
Stage-1 @ 2017, RM 3++; >> Adjusted RM 1.2++
Stage-2 @ 2018, RM 4++; >> Adjusted RM 1.6++
Stage-3 @ 2021, RM 6++; >> Adjusted RM 2.4++

Posted by hero666 > 2017-05-11 11:18 | Report Abuse

@pc_FA, current share unit price is 2.27, after split is at what price? Or it is determine by AGM ? how does is works ? Sorry, i have no experience in this areas

Posted by Haha123456 > 2017-05-11 12:20 | Report Abuse

All sifu. Now the price still can in?

Posted by pc_FA > 2017-05-11 12:56 | Report Abuse

@hero666, once shareholder approve share split and bonus issue at upcoming agm, Tomypak management will announce corresponding EX-date and Entitlement date. The share price depend on the Entitlement Date later.

The adjusted market price of the Subdivided Shares is set based on the 5-day Volume Weighted Average Market Price (“VWAMP”) of the Shares up to and including the LPD per Share,

Posted by pc_FA > 2017-05-11 12:57 | Report Abuse

@Haha123456,

For newbie would like to join the Tomypak journey, I will advice can enter price based on Tomypak's management Share Buy-Back as a reference price. It is definitely a fundamental strong company for long term investment. At current price, it still look reasonable for me.

You can wait for upcoming financial result before make your decision.

Anyway invest at own risk and feel free to discuss if have any inquiry :)

Posted by Haha123456 > 2017-05-11 13:48 | Report Abuse

@pc_FA Thanks man for the information. The result coming out next week?

Posted by pc_FA > 2017-05-11 14:37 | Report Abuse

@Haha123456, you most welcome. Most probably same day with agm or end of May. Anyway Tomypak is good for long term investment.

Posted by Haha123456 > 2017-05-11 15:29 | Report Abuse

@pc_FA Thanks again man. How does the share split and bonus issue works?

Posted by leslieroycarter > 2017-05-11 15:40 | Report Abuse

I trust u Tomypak.....

Posted by pc_FA > 2017-05-11 16:00 | Report Abuse

@Haha123456

Effect of Share Split and Bonus Issue for Tomypak (For illustrative purposes only):
Assumed no. of Shares held is 1,000 unit and 5-day VWAMP is RM 2.50, Total Value RM 2.50;
After the Proposed Share Split, no. of Shares held is 2,000 unit, market price per share is RM 1.25, Total value RM 2.50;
After the Bonus Issue, no. of Shares held is 2,500 unit, market price per share is RM 1, Total value RM 2.50;

In short, Number of unit from 1,000 unit to 2,500 unit and share price from RM 2.50 to RM 1.00.

Effect of Share Split and Bonus Issue for Tomypak warrant (For illustrative purposes only):
Assumed no. of Shares held is 1,000 unit and 5-day VWAMP is RM 1.00, Total Value RM 1.00;
After the Proposed Share Split, no. of Shares held is 2,000 unit, market price per share is RM 0.50, Total value RM 1.00;
After the Bonus Issue, no. of Shares held is 2,500 unit, market price per share is RM 0.40, Total value RM 1.00;

In short, Number of unit from 1,000 unit to 2,500 unit and share price from RM 1.00 to RM 0.40.

Posted by hero666 > 2017-05-11 16:27 | Report Abuse

@pc_FA, will this bonus & split affecting dividend giving out? I mean since they want to split the share unit, it will affect the company revenue since need to pay much more dividend away (assume still giving % of dividend as prev year)

Posted by pc_FA > 2017-05-11 17:38 | Report Abuse

@hero666,

Share split and bonus issue won't impact much for dividend paid out.

The Proposed Share Split and Proposed Bonus Issue are not expected to have any material effect on the earnings of Tomypak Group for the FYE 31 December 2017. However, there will be a corresponding "dilution in the EPS" of Tomypak Group as a result of the increase in the number of Shares upon the completion of the Proposed Share Split and Proposed Bonus Issue.

eg. Dividend reduce from 10 sen to 8 sen but dividend paid increase (RM10.94 million in 2015 vs RM12.06 million).

Even Tomypak given "lesser sen" as dividend after share split and bonus issue. But shareholders have more units in hand now.

The most important still the EARNINGs of Tomypak Group this year.
I strongly believe Tomypak will earn more this year through expansion plan and the dividend paid will increase as well.
Tomypak Group’s dividend policy of distributing at least 40% of the Tomypak Group’s net profit for the year to shareholders :)

Posted by R40s > 2017-05-11 22:25 | Report Abuse

After split & BI, the ex-date price should be based on the closing price X on the last trading-day before the ex-date, not base on 5-day VWAMP. If the price X = Rm2.50, then after the new price Y on the ex-date will open at 2.50/2.5 = Rm1.00. If X = Rm2.30, then Y = 2.30/2.5 = Rm0.92...

Posted by pc_FA > 2017-05-11 23:30 | Report Abuse

@R40s, I'm referring based on Page 2 of file below, http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=78771&name=EA_GA_ATTACHMENTS

Let me know if I misunderstanding it.
Thanks :)

Posted by hero666 > 2017-05-12 11:11 | Report Abuse

@pc_FA, thanks bro for the info !

Posted by leslieroycarter > 2017-05-12 12:50 | Report Abuse

There will b movement of price 1 or 2 weeks b4 the ex split n bonus....

Posted by hero666 > 2017-05-12 15:18 | Report Abuse

@leslieroycarter , hopefully XD

Posted by ampabella > 2017-05-12 22:25 | Report Abuse

Tomypak move slow slow like fatimah

Posted by W16Y > 2017-05-13 02:56 | Report Abuse

Ampabella: when it move ... you won't smell it ... u ll be like Rosmah .... greed ... karma ... negative thinking .. bring u no where ... cheap guys looks cheap stock. This is a blue chip in the making ... for cash rich ppl ... u different level . Stay away !

Posted by pc_FA > 2017-05-13 18:10 | Report Abuse

Focus Malaysia has a full page article regarding "Tomypak's higher capacity to spur growth". Feel free to have a read and can get better understanding about Tomypak expansion plan.

Posted by pc_FA > 2017-05-13 18:10 | Report Abuse

I just highlight some important point of views:
a. Tomypak is on its way to doubling production capacity with the commencement of its latest production line at its new facility in Senai, Johor;
b. The higher capacity is said to drawing investor interest to Tomypak as it is poised to see strong earnings growth moving forward;
c. New production line/ new printing line - with an annual capacity of 5,000 tonnes started commercial operations last month;
d. An additional laminating line and a firm casting line will be installed towards the fourth quarter;
e. When fully commissioned, the facility is expected to have an estimated production capacity of about 16,000 tonnes a year with an operational space of about 265,000 sq ft or could exceed 16,000 tonnes as future production lines could have higher capacity than the first line, possibly 7,000 - 8,000 tonnes;
f. Tomypak's existing plant in Tampoi, Johor has a capacity of 19,000 tonnes (old and can run at only 60-70% of their rated capacity) a year and a build-up area of 150,000 sq ft;
g. Tomypak is also expected to deliver higher profit margin moving forward with the new and more advanced production lines are more efficient with higher output and automation;
h. Reinvestment allowances (future effective tax rate to 16-18% from more than 20% last year) of 60% in respect of qualifying capital expenditure. The indicative capital expenditure is expected to be about RM 125 million;
i. Tomypak is confident the Senai facility's new capacity will be readily taken up by customers;
j. Tomypak could see strong demand once the Nestle group opens its global procurement hub in Malaysia (launch early this year in Selangor);
k. Estimates the line could potentially have more than a 40% impact on the company's bottom line;
l. On average, it has been generating revenue of about RM 16,400 for each tonne of production;

Posted by pc_FA > 2017-05-13 18:32 | Report Abuse

Good thing is Tomypak has start to draw attention from Fund Manager :) Tomypak management also show confident toward its expansion plan.

Posted by ozzie75 > 2017-05-13 22:55 | Report Abuse

Wow. So many pointers. Thanks ah, pc_FA. You had been extremely hardworking by sharing your research gatherings here. Dont overstrain yourself, my friend. Do take a break and maybe go for a short holiday before the end of this month, if you could. Honoured to learn from you here. Havea good weekend, my friend.

Posted by Haha123456 > 2017-05-14 00:24 | Report Abuse

@pc_FA Thanks for the valuable information.

Posted by R40s > 2017-05-14 08:33 | Report Abuse

PC_FA,

Excellent feedback there, it's very timely to reinforce our confidence in Tomypak management team... Many thanks to your good efforts... :-)

Posted by R40s > 2017-05-14 08:41 | Report Abuse

Hi W16Y,

I think you have misunderstood ampabella... He is a staunch supporter of Tomypak, he was only expressing his frustration at the price trend, which is behaving like a slow tortoise racing with many rabbits in a Bull Run... :-D

Posted by W16Y > 2017-05-14 12:37 | Report Abuse

He who laughs last laughs best

Posted by chkhooju > 2017-05-14 14:30 | Report Abuse

I definitely had the last laugh as far as PrkCorp is concerned. Those who didn't heed my advice to run for their lives have themselves to be blamed.

Posted by R40s > 2017-05-14 15:42 | Report Abuse

I am pretty sure that the mid to long-term investors of Tomypak here will have the last laugh, a long-lasting laugh...

Posted by MamaCat > 2017-05-15 10:11 | Report Abuse

R40s..don't mind me, may i ask mid/long term means referring to how long ya?

Posted by MamaCat > 2017-05-15 10:11 | Report Abuse

I am new to this counter

Posted by Newbie Newbie > 2017-05-15 10:53 | Report Abuse

3-5yrs

Posted by MamaCat > 2017-05-15 16:39 | Report Abuse

PassiveIn_Stock - Thanks!! 3-5 yrs expected price fly to how high ?

Posted by PassiveIn _STOCK > 2017-05-15 17:59 | Report Abuse

God only know the price , FA Stock need patient

Posted by R40s > 2017-05-15 22:41 | Report Abuse

Mamacat,

The mid or long-term timeframes are quite subjective, it depends on many factors... However, to make it simple, for Tomypak's case, I agreed with Passivein_STOCK, that 'Long-term' means 3~5 years. This is because Tomypak's expansion plan will be doubled by 2018, and tripled by 2021 (fully completed by 2021), which is 2 years and 4 years from now, so the contributions to it's bottomline should be fully reflected in 3-years and 5-years from now.

As for 'Mid-term', it maybe 6 to 12 months from now, because their new Senai factory has already begun production last month, the capacity is about 5760 tons/year on top of the existing factory's capacity at 19,200 tons/yr. The contribution of this new capacity should be reflected in the next Q2 report in August, and then the next Q3 report in November...

Posted by leslieroycarter > 2017-05-16 10:29 | Report Abuse

it is strengthening....n the price reflections may come a few days later....