Factory Expansion from Glove & Tech company. Carton Box manufacturer will be fully benefited from this trend. Will KYM share big pile of cake on this trend or will be target of acquisition by these Glove/Tech company due to surging income from current market. Let we wait & see and for sure. KYM good days is ahead.
World News - Carton Box supplies are heavily shortage. End user Factory are race to place order to get the supplies to prevent delay of delivery to their customer. Carton Box factory like KYM will become more & more valuable company due to this trend. Keep & collect KYM is best way to make good return
KYM - Winner is on the way. All paper packaging material is heavily shortage not only in Malaysia. It is affected globally. Paper factory like KYM (Whether carton box nor Industrial Paper) will be became clear winner soon. Good days of KYM is ahead. ASP expecting to increase more & more.
KYM good days is ahead will be contributed by KYM has been moved forward to increased the average selling price for paper sack division including news strategic to boost KYM sales & revenue for both carton box + paper sack business.
KYM is on very high spring and high commitment to build KYM future this time. (refer KYM latest prospect) Carton Box division is recovering well and Management will continue to embark on marketing effort and strategic business initiatives to boost its performance. While Multiwall Industrial Paper Sacks division is facing tough operating environment due to continuous hike in paper prices and intense price pressure in the domestic market. The Multiwall Industrial Paper Sacks division is envisaged to pass on these increases to its customers as supply is expected to be tight with the increases in cost. With the rollout of vaccines in February 2021, it bodeswell for the industry as market recovery will increase demand for both domestic and exports.
Commitment and new normal working style showed by KYM on last announced prospect statement is best asset to rebuild KYM from underdog to outperform soon.
We should wondering how glove industry & Tech /Electronic industry going to increase volume of the capacity if without support from paper packaging like KYM.
Glove industry were underdog before covid pandemic. After started of Year 2020 which pandemic start spread across the world. Glove demand & income start sky rocket till today. Eventually this trend were follow by paper packaging demand like KYM business. KYM make losses over passed few year before pandemic. But KYM started well performing after started of covid 19 pandemic and still performing till today with increase of ASP margin and reported improve earning on passed 3Q
This appearance KYM sales are back on track and income expecting continue increasing due to Glove / Tech & Electronic industry continue booming. KYM good days will be coming back and heading back to right earning track. We hope KYM will not given discount to expand their carton box business to meet demand on these industries.
No company nor Director of company will make share buy back on their company share if not due to undervalue of the company share price. KYM director aggressively make share buy back since last year 2020 till this year 2021. This moved never been seen on KYM share buy back history. And this share buy back happened during KYM making improved on quarterly earning result. We can foreseen KYM future is ahead and KYM director make right move with share back buy when price still not appreciated by investor.
Steady closing today. Inflation rate increase mean manufacturing product like Carton box selling price are increasing. Almost all carton box factory are overloaded. 1weeks delivery for carton box in the past become a history. Expecting 4-8weeks depend of design & available stock. KYM good future is on the way
Will KYM management having plan something to boost KYM income. According to share price movement & surging volume. Let we wait & see KYM good day will not far now
ORNA is underrated 9.04 sen EPS in 4Q20 means FY21 easily can make 9.04 * 4 = 36.16 sen EPS round up to 36.16 sen EPS. This is not aggressive because PAPER PULP price still increasing trend.
6 x PE on FY21 EPS of 36.16 sen = 6 * 36.16 = RM 2.17 17/04/2021 4:00 PM
A familiar pattern.Very quiet.It will boom of a sudden with this kind of shares.Is not like it making huge losses.The upward is nearer.
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Posted by WB888888 > 2021-04-09 17:53 | Report Abuse
Will KYM ticket going to out of stock very soon?