BRIGHT PACKAGING INDUSTRY BHD

KLSE (MYR): BRIGHT (9938)

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Last Price

0.205

Today's Change

+0.01 (5.13%)

Day's Change

0.195 - 0.205

Trading Volume

66,300


5 people like this.

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

Posted by shareinvestment7 > 2016-10-27 23:58 | Report Abuse

No one interested in this stock

Posted by ngyewchai76 > 2016-11-03 23:07 | Report Abuse

Packaging worth to keep or ?

hotdogge

1,294 posts

Posted by hotdogge > 2016-11-23 15:47 | Report Abuse

bought bright 0.345 tp 0.400

hotdogge

1,294 posts

Posted by hotdogge > 2016-11-23 15:52 | Report Abuse

short term

Posted by supergreat > 2016-11-23 19:02 | Report Abuse

any good news?

Posted by shareinvestment7 > 2016-11-28 20:24 | Report Abuse

lousy company, not worth to keep

aLexteoh

54 posts

Posted by aLexteoh > 2017-01-08 14:45 | Report Abuse

What is the price for the share buy back?

nitetrader

118 posts

Posted by nitetrader > 2017-01-08 21:45 | Report Abuse

50 cents

Aaloon

134 posts

Posted by Aaloon > 2017-01-09 14:01 | Report Abuse

Why up today??Any News.....or a trap

JinAurora

401 posts

Posted by JinAurora > 2017-01-09 21:33 | Report Abuse

This month report should be not bad.. hopefully it come true :)

Posted by shareinvestment7 > 2017-01-09 23:27 | Report Abuse

RM 0.50 is the par value.

Olga

773 posts

Posted by Olga > 2017-01-10 13:30 | Report Abuse

can always do reduction of par value

dompeilee

11,888 posts

Posted by dompeilee > 2017-01-13 12:30 | Report Abuse

Bought some Bright @ 35c this morning

Aaloon

134 posts

Posted by Aaloon > 2017-01-19 12:20 | Report Abuse

what happen.....slightly up..

Markus S

103 posts

Posted by Markus S > 2017-01-19 13:17 | Report Abuse

coming report is going to be good.... USD has strengthen against MYR substantially. And BNM ruling has force companies to convert those forex into MYR.

beso

2,137 posts

Posted by beso > 2017-01-23 18:34 | Report Abuse

q1 net loss rm243,000.00
2moro sure gap down

Ramada

655 posts

Posted by Ramada > 2017-01-23 18:39 | Report Abuse

Who told you this counter will turn green?

Olga

773 posts

Posted by Olga > 2017-01-23 18:55 | Report Abuse

Hohoho.. not bright at all.. bright red.. very bad.. loss making company..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5322069

beso

2,137 posts

Posted by beso > 2017-01-23 18:59 | Report Abuse

proposed changing name to dim packaging
lol

Posted by shareinvestment7 > 2017-01-23 21:49 | Report Abuse

this stock is kan na sai la

Olga

773 posts

Posted by Olga > 2017-01-24 08:06 | Report Abuse

Good one !!

beso proposed changing name to dim packaging
lol
23/01/2017 18:59

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-24 09:16 | Report Abuse

ya, not bright

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-24 09:23 | Report Abuse

the bye bye ,... don't buy...
this company fk off already

Skliew

1,201 posts

Posted by Skliew > 2017-02-02 19:24 | Report Abuse

All the Bright Packaging Sifu here,

May I ask since 2 additional plants were installed in April 2015, the plants are now running at what capacity ? Certainly, there are still a lot of room to ramp up the production capacity and increase the revenue.

Wao! Cash is 22 Sen per share! The book value of the 2 factories in Subang Hi Tech park as last revalued in 2013 also give per share of about 14sen..... A debt free company ...NTA 74sen!

What a feast when the co starts to turn profitable!

If the management can source more sales at reasonable price with marginal profit, this is going to be a star!

Hope all the sifu here can drop a few lines.... Thanks

Posted by brighterday > 2017-02-05 19:02 | Report Abuse

Yeah. Fully agreee. Cash RM37mil with zero debts ... buildings and land worth at least RM30mil too.

Skliew

1,201 posts

Posted by Skliew > 2017-02-07 01:30 | Report Abuse

brighterday, thank you.

The company has already been recapitalized. First did a 50% capital reduction to write off all the accumulated losses followed by a 2 for 1 rights issue at 55 sen a share after the hostile take over in 2012, followed by a private placement of 12.9mil shares at 60 Sen a share and later ESOS at 62 Sen per share, fully exercised and subscribed.

This clean slated Co now has 2 new production lines and extended floor space, debt free, with 20 years track records in the business and old customers and new vibrant management team.

The major shareholder now own 32.98% of the shares at the threshold of MGO....

I can't resist buying the shares.....


It's a real steal !

Skliew

1,201 posts

Posted by Skliew > 2017-02-07 08:59 | Report Abuse

Furthermore, if we look at the Cash Flow, the cash flow is positive. Last year though made only 1million plus, the cash flow is more than 6 millions due to depreciation charges....

Similarly last quarter made a loss of 200K, cash flow is positive more than 1 million....

There is no foreseeable capital expenditure required. The management just need to ramp up the sales with the additional plants capacity to turn the co to be profitable

Posted by shareinvestment7 > 2017-02-08 00:11 | Report Abuse

talk so much no use, the problem is NO one interested in this stock, No one.

Skliew

1,201 posts

Posted by Skliew > 2017-02-08 21:11 | Report Abuse

But you came in here and comment means that you do have an interest in it! Many are trapped !I am interested in this type of share when no one interested as the fundamentals are solid! But the owners and major shareholders definitely are interested! By the way my cost is rock bottom! Will accumulate more.....haha!
08/02/2017 20:56

Posted by invest_101 > 2017-02-08 21:34 | Report Abuse

in my opinion, i agree that financials look good and price appears undervalued. one major concern is the reliance on a single customer and product.

king36

1,022 posts

Posted by king36 > 2017-02-08 21:54 | Report Abuse

Collect below 0.30 more reasonable.

Skliew

1,201 posts

Posted by Skliew > 2017-02-09 08:39 | Report Abuse

Ride with the major shareholders whose cost per share is at least 55sen.. limited downside now.... take care of the downside and the upside will take care of itself.... " Every dog has its day"! One day and I believe it won't be too long, the company will turn around with reasonable profits... The new major shareholders knows the company TOO WELL before he took a raid and made a hostile take over! :)

Goldmann

225 posts

Posted by Goldmann > 2017-03-04 13:49 | Report Abuse

lousy stock la, whole year price range 0.29 - 0.39. Investing money in this kind of company = throwing money into the salted sea.

eugene724

175 posts

Posted by eugene724 > 2017-03-08 17:53 | Report Abuse

very good control by the OWNER

kllow

166 posts

Posted by kllow > 2017-03-10 12:41 | Report Abuse

ZZZZZZZzzzzzzzzzzz.................Owner main bola sendiri syok sendiri !

einvest88

416 posts

Posted by einvest88 > 2017-03-10 14:34 | Report Abuse

Bright...Goreng Time ?

Goldmann

225 posts

Posted by Goldmann > 2017-03-11 23:54 | Report Abuse

all shareholder get con by the owner la, ESOS at 0.60 and now price only 0.33, walao eh, con company la..

hotdogge

1,294 posts

Posted by hotdogge > 2017-03-13 15:45 | Report Abuse

buy bright 0.35
tp 0.400

gick891214

923 posts

Posted by gick891214 > 2017-03-13 19:40 | Report Abuse

Go go go

Jess

92 posts

Posted by Jess > 2017-03-15 15:26 | Report Abuse

bright can keep ?

Jess

92 posts

Posted by Jess > 2017-03-15 15:27 | Report Abuse

tp ?

einvest88

416 posts

Posted by einvest88 > 2017-03-17 15:11 | Report Abuse

Bright, technical breakout from long term downtrend line and now supported above 200MV...Near term will challenge 0.67. Bright is a net cash.

cutie

1,690 posts

Posted by cutie > 2017-03-17 18:08 | Report Abuse

Will monitor closely on Monday.

cutie

1,690 posts

Posted by cutie > 2017-03-20 12:07 | Report Abuse

all packaging counters up.

Posted by ngyewchai76 > 2017-03-20 22:21 | Report Abuse

so accumulate now before losing chance

einvest88

416 posts

Posted by einvest88 > 2017-03-21 08:41 | Report Abuse

Bright, net cash company...price near all time low..any chance sapu by Jack Ma?

ahbeng77

1,327 posts

Posted by ahbeng77 > 2017-03-21 08:51 | Report Abuse

fundamental are good and no debt! pray hard for this counter!

Posted by ngyewchai76 > 2017-03-21 10:02 | Report Abuse

wish to be rocketing later

Goldmann

225 posts

Posted by Goldmann > 2017-03-21 20:26 | Report Abuse

Cash in hand = 35million
Cash per share = RM0.21/share (56.7% of current share price)
Borrowings = 0

We all know the figures but share price ranged 0.29 - 0.39 for past 1 year, just like a dead pool, no one interested in this stock.

Posted by ngyewchai76 > 2017-03-22 07:39 | Report Abuse

So hidden star ?

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