Now the NTA is 1.06, but it should be read as 1.10 after including the revaluation of the company’s property early this month. The closed price today of 0.71 represent a PB ratio of 67% - indicating rooms for improvement
Next year election confirm RM will be strengthen against USD. This will be the key be one of the 2018 shinning stock
"Business risks of utmost importance to the Group are paper commodity and fluctuation of foreign currency exchange rates. Paper being the main raw material has tremendous impact on the Group’s production, in terms of costs. In 2016, the volatile foreign currency exchange rates, specifically the downturn in Ringgit further affected commodity price of paper, increasing cost of materials." 03/12/2017 13:19
I believe that the company is a well run company. However, the profit increament or growth is organic growth - hence it won't able to have those kind of explosive growth which all the Malaysian investors favor of.
I have several doubts for PPHB. 1. The new capex / factory expansion, what is the target / potential growth after the expansion.
2. Will they start to announce dividend to entice the shareholder / or re-value their company at a better valuation.
3. The heritage hotel will commence on which date (so many confusing date 2018 / 2019 ) , and what is the expected "profit" from the investment. If possible, I would also want to know the IRR for the Heritage hotel. The analyst forecast 14m revenue / year ... according to RM 400 / night and 60% room occupancy rate - that was garbage in garbage out.
4. I'll keep close monitoring this company, as a dividend growth seeker, there is no good reason for buying it now.
CF Trader, there was a feasibility study reporting on the hotel in the announcement. if you are seeking for return from dividends, PPHB will disappoint you as it has since 2011 never pay dividends
still lackluster, hopefully the Board will reconsider dividend distribution to attract market attention to boost up the price as well as reward our believe and loyalty to the company
Perhaps RM strengthen is good news for packaging industry as they can enjoy lower raw materials cost. Only don't what shit caused this counter everyday got people sell down
Be patient to hold. I think another 2-3months can feel the +ve effects
Most important in nowadays is dividend, without dividend , basically share price hard perform well, investors well educated, we all know what is value investing. At least 3-4%yield and company profit and revenue is growing.
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....
Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2017-11-28 17:36 | Report Abuse
during this bad market period no drop very good liao. Hahaha