Posted by ampabella > 2017-05-22 23:17 | Report Abuse

sleeping beauty wake up leow, my tp after X is rm1.20, hor sei leow

Posted by ozzie75 > 2017-05-23 10:35 | Report Abuse

Analyst's opinion is better off treated as a side and not main dish. Chill, rocky77.

rocky77 That joker Nigel Foo been issuing sell call to tomypak! Stupid!

22/05/2017 16:04

Posted by leslieroycarter > 2017-05-23 12:49 | Report Abuse

After ex shall b 1.20 which will b equivalent to RM 3

Posted by ozzie75 > 2017-05-23 13:12 | Report Abuse

@rocky77: I think your favourite CIMB character is (probably) in action once again. Hahaha..CIMB research

http://www.thestar.com.my/business/business-news/2017/05/23/analyst-reports/

Posted by vinvestor > 2017-05-23 15:08 | Report Abuse

stteck, Daiboci and Tomypak are No.1 & No2. biggest flexible packaging in the country. PPHB is producing mainly corrugated carton and other paper packaging. I do not study PPHB and do not know how big is their market share.

Posted by pc_FA > 2017-05-23 21:23 | Report Abuse

Time will prove it :) Patient is the key to success. I will continue look for next "Tomypak" while waiting Tomypak to show its real power :P

Posted by R40s > 2017-05-23 23:11 | Report Abuse

CIMB analyst :

Tuesday, 23 May 2017

TOMYPAK HOLDINGS BHD

By CIMB Research

Reduce

Target price: RM1.88

TOMYPAK’S first quarter 2017 revenue was up 4.9% year-on-year, while net profit growth rose by a surprising 80% year-on-year to RM6.3mil.

Earnings before interest, tax, depreciation and amortization (ebitda) margin was a strong 18.9% compared with 16.9% in the first quarter of 2016 because of lower cost of production.

“The higher first quarter 2017 ebitda margin was a positive surprise to us as its peer Daibochi Plastic indicated that average raw material prices rose by around 10% year-on-year in the first quarter,” said CIMB Research.

Given the completion of the new factory in Senai, Johor, the research house said Tomypak expected the group’s annual production capacity to rise by 80% to 35,000 tonnes annually.

“We believe it should not be easy for Tomypak to fill additional capacity, given weak domestic consumer sentiment, which would indirectly negatively affect domestic demand.

“In our view, Tomypak must focus on raising export revenue to fill the new factory’s production capacity of new factory and may have to sacrifice margin to this end.”

CIMB Research said Tomypak’s net debt was RM8.7mil or 0.05-times net gearing at end-March 2017.

“Most of the proposed RM80mil capital expenditure (capex) for the company’s first phase expansion was funded by the rights issue in 2016 that which raised around RM54mil proceeds.

“The rest of the capex was funded by internal borrowings.

Even after the capacity expansion exercise, Tomypak’s net gearing was healthy at 0.05 times at end-March 2017

Posted by R40s > 2017-05-24 00:32 | Report Abuse

This CIMB's analysis seems quite unprofessional and quite prejudice against Tomypak. The Q1 Report page-11 clearly explained on how is the performance of this Q, both on Q-o-Q and Y-o-Y basis. The analyst simply turned a blind eye on these Company provided information, and ignore thefact that the new factory has already started production last month which will beef up their bottom lines in the next Q results.

He is also sceptical about the new factory's doubling their total capacity, without considering the fact that it only have 5000 tons capacity as of now, which should not be so difficult to fill up with new orders. The 35000 tons planned capacity will be installed gradually as the new demand pick up... The Company management are highly experienced in this Consumer-related industry, they know what they are doing.

Posted by pc_FA > 2017-05-24 01:14 | Report Abuse

I believe they might wanna create panic sell. Who knows they collect secretly? Time and financial result will prove the fact. This so called analysis research report just a joke for me. It seems like professional and it looks like professional but it is NO. Don't forget latest financial result shown increase in demand on both local and oversea market. Provided lower tax rate 16%. It will definitely given better net profit margin.

Posted by Haha123456 > 2017-05-24 03:08 | Report Abuse

@pc_FA Hi bro. If in now still will entitled share split right?

Posted by pc_FA > 2017-05-24 06:55 | Report Abuse

Yup. Still entitled dividend + share split + bonus issue now.

Posted by leslieroycarter > 2017-05-24 10:09 | Report Abuse

last chance to accumulate....

Posted by leslieroycarter > 2017-05-24 10:16 | Report Abuse

2017 substantial shareholders record of buying n selling :-
All below 1.92

MR YONG KWET ON 14-Mar-2017 Acquired 310,000 1.920 View Detail
MR YONG KWET ON 01-Mar-2017 Disposed 1,250,000 1.730 View Detail

NEW ORIENT RESOURCES SDN BHD 01-Mar-2017
Disposed 1,250,000 1.730 View Detail
MR LIM HUN SWEE 01-Mar-2017 Others 656,805 1.500 View Detail

Posted by Littlefield > 2017-05-24 10:30 | Report Abuse

This CIMB Nigel Foo's analyst research report can be ignored, he is either dont understand the strong fundamental company of Tomypak or he might one of the syndicate want to push down the price to collect. Fund manager is started collecting Tomypak. Ignore Him.

Posted by ozzie75 > 2017-05-24 11:23 | Report Abuse

TOMYPAK’S first quarter 2017 revenue was up 4.9% year-on-year, while net profit growth rose by a surprising 80% year-on-year to RM6.3mil.
1. So is a good comment?

Earnings before interest, tax, depreciation and amortization (ebitda) margin was a strong 18.9% compared with 16.9% in the first quarter of 2016 because of lower cost of production.
2. So is a good comment?

“The higher first quarter 2017 ebitda margin was a positive surprise to us as its peer Daibochi Plastic indicated that average raw material prices rose by around 10% year-on-year in the first quarter,” said CIMB Research.
3. So is a good comment?

Given the completion of the new factory in Senai, Johor, the research house said Tomypak expected the group’s annual production capacity to rise by 80% to 35,000 tonnes annually.
4. So is a good comment?

“We believe it should not be easy for Tomypak to fill additional capacity, given weak domestic consumer sentiment, which would indirectly negatively affect domestic demand.
5. More than half of their revenue (slight), approx. 53% are attributed to export sales. The management had clearly indicated their moving forward focus is in, particularly the Asia Pacific region, where 'it is predicted to be the fastest growing region for consumption of packaging materials', and the new plant was to gear the company adequately to tap this regional growth....and not in anticipation of domestic demand as 'particularly misunderstood' by CIMB?

“In our view, Tomypak must focus on raising export revenue to fill the new factory’s production capacity of new factory and may have to sacrifice margin to this end.”
6. Per 5 above...and so long the production capacities are efficiently utilised and the management delivered reasonable pay-backs and returns to shareholders, what's the issue? cut price to gain a larger market pie any problem?

CIMB Research said Tomypak’s net debt was RM8.7mil or 0.05-times net gearing at end-March 2017.

“Most of the proposed RM80mil capital expenditure (capex) for the company’s first phase expansion was funded by the rights issue in 2016 that which raised around RM54mil proceeds.

“The rest of the capex was funded by internal borrowings.
7. Why pay interest to the banks when the collective owners can fund the capex and entitle themselves to a stream of subsequent dividends?

Even after the capacity expansion exercise, Tomypak’s net gearing was healthy at 0.05 times at end-March 2017
8. Healthy gearing. You said it, whoever it is from CIMB.

Conclusion: Don't know what you are driving at, CIMB Research. Oops.


Littlefield This CIMB Nigel Foo's analyst research report can be ignored, he is either dont understand the strong fundamental company of Tomypak or he might one of the syndicate want to push down the price to collect. Fund manager is started collecting Tomypak. Ignore Him.

24/05/2017 10:30

R40s This CIMB's analysis seems quite unprofessional and quite prejudice against Tomypak. The Q1 Report page-11 clearly explained on how is the performance of this Q, both on Q-o-Q and Y-o-Y basis. The analyst simply turned a blind eye on these Company provided information, and ignore thefact that the new factory has already started production last month which will beef up their bottom lines in the next Q results.

He is also sceptical about the new factory's doubling their total capacity, without considering the fact that it only have 5000 tons capacity as of now, which should not be so difficult to fill up with new orders. The 35000 tons planned capacity will be installed gradually as the new demand pick up... The Company management are highly experienced in this Consumer-related industry, they know what they are doing.

24/05/2017 00:32

pc_FA I believe they might wanna create panic sell. Who knows they collect secretly? Time and financial result will prove the fact. This so called analysis research report just a joke for me. It seems like professional and it looks like professional but it is NO. Don't forget latest financial result shown increase in demand on both local and oversea market. Provided lower tax rate 16%. It will definitely given better net profit margin.

24/05/2017 01:14

Posted by 十强 > 2017-05-24 12:12 | Report Abuse

any complain to biased research report can send to aduan@seccom.com.my.
they will conduct due diligence on the analyst.

Posted by hueyyng27 > 2017-05-24 12:22 | Report Abuse

" Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. " Warren Buffett

Posted by Littlefield > 2017-05-24 12:44 | Report Abuse

ok, write to ADUAN

Posted by 十强 > 2017-05-24 12:50 | Report Abuse

previously Nigel Foo was called to bursa for "interview". now still want naughty

Posted by leslieroycarter > 2017-05-24 13:36 | Report Abuse

Though shareholders who sold in mac must b very regretted their move coz a difference of more than 50-60c per share compared now.

Posted by leslieroycarter > 2017-05-24 13:38 | Report Abuse

Only 3 more trading days to collect.....

Posted by BursaMice > 2017-05-24 23:40 | Report Abuse

Make it quick before the split n bonus issue

Posted by R40s > 2017-05-25 01:03 | Report Abuse

This latest "Stock with Momentum" call on Tomypak by Datuk Tong's Asia-Analytica should help to confirm Tomypak is going on a strong uptrend:

http://www.theedgemarkets.com/article/stock-momentum-tomypak-holdings-1

:-)

Posted by R40s > 2017-05-25 01:21 | Report Abuse

Stock With Momentum: Tomypak Holdings
Asia Analytica / TheEdge Financial Daily
May 22, 2017 10:30 am


Tomypak Holdings Bhd

SHARES in Tomypak Holdings Bhd (fundamental: 2.4/3, valuation: 1.1/3) settled 18 sen or 7.53% higher at RM2.57 last Friday, after 1.28 million shares were transacted. In comparison, the average volume seen in the past 200 days was 323,022 shares.

Tomypak’s net profit for the first quarter ended March 31, 2017 (1QFY17) jumped 78% year-on-year (y-o-y) to RM6.26 million from RM3.51 million, on higher demand from local and overseas customers, improved production cost and lower foreign exchange losses.

Revenue grew 5% y-o-y to RM53.92 million from RM51.36 million. The Johor-based flexible food packaging firm declared a dividend of two sen per share, payable on June 16.

Tomypak said its performance is set to improve, with more advanced and efficient printing and lamination machines being fully operational in the 2QFY17, after its new plant in Senai Industrial Estate was completed at end-March.

Posted by pc_FA > 2017-05-25 09:14 | Report Abuse

Thanks for sharing it, R40s :)

Posted by ozzie75 > 2017-05-25 09:17 | Report Abuse

Thanks for sharing the above, R40s.

Posted by leslieroycarter > 2017-05-25 13:51 | Report Abuse

Better hold to get the split n bonus . Buy 1 got 2.5 , buy 2 got 5 , buy 3 got 7.5 , buy 4 got 10 . Buy more the merrier. Do enjoy the ride.....

Posted by Haha123456 > 2017-05-25 14:12 | Report Abuse

@pc_FA Hi bro. How is the share split and bonus issue works? Sorry I'm very blur about it.

Posted by pc_FA > 2017-05-25 14:24 | Report Abuse

@Haha123456

Same effect for both mother and warrant:
Share unit x 2.5;
Share price / 2.5;

Posted by Haha123456 > 2017-05-25 14:38 | Report Abuse

@pc_FA the share price/2.5?

Posted by pc_FA > 2017-05-25 15:07 | 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 ozzie75 > 2017-05-25 15:19 | Report Abuse

Thank you for the detailed explanation, pc_FA. I learnt once again. :)

Posted by smallfish > 2017-05-25 15:37 | Report Abuse

Good counter. I will continue to buy and hold. GO GO GO and UP UP UP !!!

Posted by rocky77 > 2017-05-25 16:44 | Report Abuse

Stupid CIMB Nigel Foo!!!

Posted by pc_FA > 2017-05-25 23:41 | Report Abuse

@rocky77, don't angry. Take it easy. You should thanks Nigel Foo instead. I'm happy to accumulate more Tomypak at lower price :) Time and financial result will prove it. Tomypak need full of patience and trust to enjoy the fruit :P

Posted by Kim Yi Chia > 2017-05-26 00:37 | Report Abuse

pc_fa u hold mother or son?.... other than tomypak.. what stock u buy? can u share share... tq
?

Posted by Haha123456 > 2017-05-26 01:34 | Report Abuse

@pc_FA Thanks bro for the information. Tomorrow will accumulate more.

Posted by pc_FA > 2017-05-26 08:56 | Report Abuse

@Kim Yi Chia, I hold mother only. As I prefer to enjoy the dividend and expose to lesser risk. Warrant is trade at 26% premium now. I used to hold Latitude in 2015 and Gadang in 2016. This year main focus is Tomypak. I have screen through few stocks. But I can't really forecast their future eps etc. I need more time to study and understand it to forecast their future eps. Value investing is the strategy I prefer when invest a company. More understand a company will give you confident to invest at huge amount of money. It tells you what price is safe to buy in and good to take profit :)

Posted by pc_FA > 2017-05-26 09:02 | Report Abuse

Tomypak is one of the stock under "The 100 Bursa MidS companies selected under Phase 1" :)

Posted by pc_FA > 2017-05-26 09:03 | Report Abuse

https://www.sc.com.my/post_archive/mids-research-scheme-to-spur-vibrancy-of-mid-and-small-cap-plcs-enhancing-investor-interest/

Posted by pc_FA > 2017-05-26 09:13 | Report Abuse

I have the full report of "Launching of Mids Scheme" that prepared by CIMB. Not too sure how to upload here :( Anyway Tomypak is one of the stock under "The 100 Bursa MidS companies selected under Phase 1" :)

Posted by ozzie75 > 2017-05-26 09:52 | Report Abuse

I suggest you modify his name a bit by adding an 'L' at the end of his surname. Hopefully that makes you feel better. Chill, yah?

rocky77 Stupid CIMB Nigel Foo!!!

25/05/2017 16:44

Posted by Ndrew > 2017-05-26 10:52 | Report Abuse

pc_FA, you can upload it to dropbox and share the link here.. thanks for your analysis all these time..

Posted by pc_FA > 2017-05-26 11:04 | Report Abuse

@Ndrew, You're most welcome. I don't have Dropbox :( Perhaps I email you and you post it here? Basically it just stated what I mentioned above that Tomypak is one of the stock under "The 100 Bursa MidS companies selected under Phase 1".

Posted by pc_FA > 2017-05-26 11:40 | Report Abuse

Thanks, ozzie75 :)

Posted by ozzie75 > 2017-05-26 11:40 | Report Abuse

home?preview=CIMB+MidS+Scheme.pdf

Ndrew: go to dropbox site, copy the above and paste it after the dot com forward slash.

Hope it works for you. Good Luck!

Bugger...cannot post the entire link here..haha

Posted by ozzie75 > 2017-05-26 11:41 | Report Abuse

aiyoooo....I share with Ndrew leh..not you. thank me for what? hahaha.

Ok lah, give you a like for being a good boy here.

pc_FA Thanks, ozzie75 :)

26/05/2017 11:40

Posted by pc_FA > 2017-05-26 11:46 | Report Abuse

Sharing is caring :) Is good that we all together discuss and share any good or bad news. As long as got prove and valid source :P

Posted by ozzie75 > 2017-05-26 11:58 | Report Abuse

Share peanuts only. Becoz I peanut understanding, know little nia. :(

I share only yah....not promote. Want promote go supermarket work as promoter to promote. hahaha

Posted by pc_FA > 2017-05-26 12:04 | Report Abuse

Basically, flexible packaging is so pervasive in our daily lives. As an example, the laundry detergent had from, a once upon a time in tub containers, embraced flexible packaging in the form of refillable packs and in the same time responding to the social calling for environmental conservation. I believe it might be the potential customers for Tomypak :)