BRIGHT PACKAGING INDUSTRY BHD

KLSE (MYR): BRIGHT (9938)

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Last Price

0.19

Today's Change

-0.015 (7.32%)

Day's Change

0.18 - 0.19

Trading Volume

103,700


5 people like this.

2,448 comment(s). Last comment by SNbright 2 months ago

steveooikp

4,689 posts

Posted by steveooikp > 2015-05-10 11:24 | Report Abuse

This bright is siao loh.... i bot 55.... sold at 58.5.... now 49... can buy bk ?

Invest123

1,634 posts

Posted by Invest123 > 2015-05-11 16:58 | Report Abuse

See u at 40 sen.

aLexteoh

54 posts

Posted by aLexteoh > 2015-05-13 09:24 | Report Abuse

Is Bright currently consolidating? What is the short term price.

minglol

151 posts

Posted by minglol > 2015-05-13 16:21 | Report Abuse

this share is sucks, con counter

minglol

151 posts

Posted by minglol > 2015-05-14 11:20 | Report Abuse

not moving~ price getting lower and lower

hng33

20,442 posts

Posted by hng33 > 2015-05-25 16:42 | Report Abuse

Bought bright at 46sen

Aaloon

134 posts

Posted by Aaloon > 2015-06-03 11:36 | Report Abuse

No one interest said something to this counter.....dead fish.....

Invest123

1,634 posts

Posted by Invest123 > 2015-06-04 18:32 | Report Abuse

All losing money!

rica7894

165 posts

Posted by rica7894 > 2015-06-12 16:39 | Report Abuse

A Bright Recovery Year?

Bright Packaging is a cash rich, well-established regional FMCG packaging company ( serving the tobacco, liquor, confectionery and pharmaceutical industries) and one of the largest aluminium foil packaging players in Asia Pacific.

Bright Packaging will be a great and interesting company to be invested into based on:

-Capacity expansion.
The expansion may allow the company to meet its current and future demand of the growing clientele and possibly to cater to new markets.(expanding into the Russian market). With two new production lines becoming operational in April 2015, Bright Packaging is positioned to double revenue for 2015.

-Declining raw material prices positive for FY15.
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.

-Diversified exports markets with reputable clientele.
More than 90% of its products are export oriented. Major clients include Philip Morris and its affiliates, Marlboro, Dunhill, Lucky Strike, Kent, Pall Mall and Benson & Hedges. In the household goods and beverage segments, the group supplies to Johnnie Walker, Chivas Regal and various affiliates of Diageo, Unilever and Procter & Gamble.

-Inelastic demand.
Over 90% of the products produced by Bright Packaging 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.

-Favourable USD/MYR impact.
Expected to benefit significantly from foreign exchange moving in company favour. Bright Packaging sales are denominated in US dollars which has appreciated 15% against the Ringgit. The global macroeconomics indicators continue to show signs of dollar strength for 2015 which should bode well for Bright Packaging.

-Very strong balance sheet with undemanding valuations.
Bright Packaging is a debt free company with strong net cash per share of RM0.29 (accounted for 64% of share price).

Bright Packaging will be looking to trend higher in the coming days.

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-06-13 01:51 | Report Abuse

agree.

aLexteoh

54 posts

Posted by aLexteoh > 2015-06-15 09:20 | Report Abuse

Hopefully BRIGHT can shoot up soon. I bought it rm0.575.

aLexteoh

54 posts

Posted by aLexteoh > 2015-06-16 15:21 | Report Abuse

Wtf is going on? Getting low and low. Fuck.

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-06-22 11:53 | Report Abuse

time to enter market ???

TopEarn1

467 posts

Posted by TopEarn1 > 2015-06-27 00:50 | Report Abuse

low volume. Good time to enter and accumulate.

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-06-27 01:09 | Report Abuse

i guess so.

lam7894

76 posts

Posted by lam7894 > 2015-06-28 15:08 | Report Abuse

Major shareholders acquired 0.042% stake from open market on 22/6/15. Will be there any possible corporate exercise?

Aaloon

134 posts

Posted by Aaloon > 2015-07-21 10:17 | Report Abuse

Start moving, any news for that.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-21 16:24 | Report Abuse

slow and silently moving up...

Invest123

1,634 posts

Posted by Invest123 > 2015-07-23 09:55 | Report Abuse

Yes. From 42 sen up all the way. V. good.

Invest123

1,634 posts

Posted by Invest123 > 2015-07-23 09:59 | Report Abuse

Above 60 sen. High profit margin 13.6% and NTA 74 sen

ahbeng77

1,327 posts

Posted by ahbeng77 > 2015-07-23 10:04 | Report Abuse

i am accumulating this counter, simply because the NTA is higher than the share price.

speakup

27,048 posts

Posted by speakup > 2015-07-23 10:10 | Report Abuse

ahbeng77, if that is your way of investing, then better u buy Bjcorp:
Bright 32% discount to NTA 73.8sen
Bjcorp 75% discount to NTA RM1.59!!!!

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-07-23 11:17 | Report Abuse

haha MKLAND BETTER STILL

aLexteoh

54 posts

Posted by aLexteoh > 2015-07-23 18:03 | Report Abuse

any news coming soon? slow and steadily moving up.

Annetan

852 posts

Posted by Annetan > 2015-07-23 20:57 | Report Abuse

Results would be announced next week.In the annual reports,it is stated that the new production line is operational hence would contribute to the bottom line.In Jan they secured from a tobacco co in Russia to produce aluminium foil estimated abt usd 15 million would contribute positively in the coming quarters.It is attractive to even hold for long term based on current price of .50 cts.

Invest123

1,634 posts

Posted by Invest123 > 2015-07-23 21:05 | Report Abuse

Yes

Invest123

1,634 posts

Posted by Invest123 > 2015-07-24 10:11 | Report Abuse

Results must be good

aLexteoh

54 posts

Posted by aLexteoh > 2015-07-24 11:00 | Report Abuse

Im holding this counter more than 4months ady. it doesnt move much.

Invest123

1,634 posts

Posted by Invest123 > 2015-07-24 16:02 | Report Abuse

Next week 60 sen

nickyeo55

1,092 posts

Posted by nickyeo55 > 2015-07-25 11:48 | Report Abuse

invest123 beside results , any other news ?

Annetan

852 posts

Posted by Annetan > 2015-07-27 20:22 | Report Abuse

Revenue increase from 7.89 to 11.19 but loss of .15 million.It was mentioned it was largely due to higher depreciation cost.I couldn't find the amount of appreciation accounted.Anyone,pls enlighten.Thkshttp://www.bursamalaysia.com/market/listed-companies/company-announcements/4811769

Invest123

1,634 posts

Posted by Invest123 > 2015-07-27 22:52 | Report Abuse

The dep was in the cash flow statement. Current qtr 2.066 mil. while corresp period last yr 0.438 mil.--Up 1.628 mil.

Invest123

1,634 posts

Posted by Invest123 > 2015-07-27 22:52 | Report Abuse

Better day ahead

Annetan

852 posts

Posted by Annetan > 2015-07-28 07:22 | Report Abuse

Invest123,does it imply that without depreciation,profil would have been 2 million?

Invest123

1,634 posts

Posted by Invest123 > 2015-07-28 22:05 | Report Abuse

1.5 mil profit. Hope the mgt would work hard to improve the revenue further.

Annetan

852 posts

Posted by Annetan > 2015-07-29 06:56 | Report Abuse

Thanks,Invest123

Aaloon

134 posts

Posted by Aaloon > 2015-08-03 16:47 | Report Abuse

droping again...hai.....

aLexteoh

54 posts

Posted by aLexteoh > 2015-08-07 16:13 | Report Abuse

drop drop drop. DOWN!

aLexteoh

54 posts

Posted by aLexteoh > 2015-08-23 18:18 | Report Abuse

Any news? This counter is so quiet.

Posted by brighterday > 2015-09-08 09:42 | Report Abuse

market oversold... panic selling

Posted by brighterday > 2015-09-11 12:32 | Report Abuse

coming coming.... up 5.5cent = 15%

aLexteoh

54 posts

Posted by aLexteoh > 2015-09-15 13:27 | Report Abuse

Drop again. When this counter can start to move?

youlee

763 posts

Posted by youlee > 2015-09-15 14:15 | Report Abuse

@rica7894....Cash rich co.?

aLexteoh

54 posts

Posted by aLexteoh > 2015-09-29 15:53 | Report Abuse

I don't think this counter will issue dividend.

aLexteoh

54 posts

Posted by aLexteoh > 2015-10-07 12:36 | Report Abuse

When this stock going to move?

Posted by Chuan Chun Lim > 2015-10-14 23:40 | Report Abuse

Rubbish stock

domperrier

352 posts

Posted by domperrier > 2015-10-17 10:22 | Report Abuse

Bought @ 38c earlier this month and then average up @ 40.8c on Friday.

Posted by shareinvestment7 > 2015-10-23 13:34 | Report Abuse

Disappointing Counter, Hopeless!!

domperrier

352 posts

Posted by domperrier > 2015-10-23 18:11 | Report Abuse

I like it when retail investor use words like 'hopeless' & 'rubbish' coz THAT's the time to accumulate :)

Posted by shareinvestment7 > 2015-10-23 19:13 | Report Abuse

Good Luck!!

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