Coverage on this share is so minimal by analyst.Does not matter.We in the know will buy as much as we can afford to do so.By the time interest picks up the share price will spike even more. .14 cents dividend every year cant go wrong with current valuations.
And once the cash coffer builds up, Tan and Wong will take the money and invest in China like in 1999-2001 and burnt a big hole in the balance sheet. This is why those in the know and institutions never invest in them
ADVPKG - NOTICE OF BOOK CLOSURE LISTING'S CIRCULAR NO. L/Q : 70700 OF 2014 Final Single Tier Tax Exempt Dividend of 8% net per share. Kindly be advised of the following : 1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ] as from : [ 26 June 2014 ] 2) The last date of lodgement : [ 30 June 2014 ] 3) Date Payable : [ 22 July 2014 ] MANAGER, SEC. MARKET
The most cash rich FMCG packaging company with the highest dividend yield in BURSA.
Price: Rm2.05. Par Value: Rm 1.00 Number of share: 20.50m ( one of the small cap stock which has lowest liquidity in BURSA, this is the reason why investors stay away from it !!!!!!!) NTA: Rm 1.61 (end June 2015 ) Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer : 7.27%
Advanced Packaging Technology (M) Bhd produces high-quality flexible packaging materials (single and multi-layers ) catering to a wide cross-section of industries in both the local and overseas markets such as snack foods, instant noodles, sweets and confectionery, liquid condiments, frozen foods, spices, beverages, medical/surgical products and pharmaceuticals, among others.
ADVANCED PACKAGING TECHNOLOGY (M) BHD will be a great and interesting company to be invested into based on:
--Very strong balance sheet. Zero short-long term borrowings. Net cash per share of 79.80 sen (end June 2015 ) or circa 39% of share price.
-Attractive dividend yield.
Although the Group has no official dividend policy, it has been paying dividend consistently since listing. As for FY2014, it paid total dividend of 12 sen translating into 5.85% dividend yield. Dividend could be on rising trend to track earnings and become a potential re-rating catalyst for the Group.
----Dividend will be announcing in December, 2015 by looking back at the trending.----
-Inelastic demand. Over 90% of the products produced by Advanced Packaging Technology (M) Bhd are supplied to the food and beverage packaging industry. The company supplies flexible packaging products to MNCs in the food industry. The food and beverage industry is generally a resilient business during periods of economic downturns.
-Better times ahead. FY15 promises to be a better year for the company. Prices of raw materials like polyethylene (PE) and polypropylene (PP) films have been falling since 4Q14, in line with the decline in crude oil prices. This is not a surprise as PE and PP films are derivatives of crude oil.
Hello AK$$.... I m ok. Nice to hear from you. Advpkg Bhd is a long term stock. I foresee a few scenario. 1st and foremost..some sort of a corporate proposal to increase its share base. 2nd.. a reward to shareholders via bonus issue to enlarge its base. 3rd... taken private and capital repayment. Last but not least a "target for takeover"!!! But no matter what this is a good defensive stock to hold in our portfolio!!!
Hi Seabiscuit, good to find you back in this forum. I thought you left after making from Uzma and Pesona. As for Advpkg, I am thinking 1 & 2 may be possible (like Uzma). I think going private will be when there is threat of takeover. What else are you looking at now.
Advpkg turnover kind of on the high side.Something brewing??? Its share price holding well today despite after the good run yesterday.If tmw volume picks up again with share price on the positive,this sleeping giant is awakening!!!!
why no people here interested in this counter? It has only 20 million shares. It is cash rich and pays good dividend every year and business is also very steady yearly. If it wants to move up, it is easy as it wont take high volume to move it up.
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....
jxlim1025
10 posts
Posted by jxlim1025 > 2013-11-13 16:13 | Report Abuse
What a lovely dark horse :)