KLSE (MYR): BPPLAS (5100)
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1.18 - 1.19
Info from equitiytrackers show that bpplas is one of the better stocks in the "packaging" space. Good eps, good cashflow, good dividend (2 sen every quarter), minimal debt etc. I feel it has been dicounted too much after the 1 for 2 bonus issue & free warrants ( with a high exercise value, indicating majority shareholders are not taking advantage of it) ..not suggesting anything, just my views
Warrants if not mistaken have a predetermined date to convert to ordinary shares. Do not have any experience here, need to slowly digest and learn up this company warrants.
With the exercise price this high, the ex-date for the war. is likely to be quite far away..may be 5 years..it is my guesstimate .. need to check... Once the war. is listed, this info would readily available
It is understandable the price will weaken going forward. The split is done to improve their shareholding spread which was approaching max 70%. In order to do that the major stockholders need to dispose some in the market for others to buy and make the market more liquid. I think most holders of this stock is investing in its value so buy price doesnt really matter. Any weakness is an opportunity to buy more. If the stock price move up that is considered a bonus.
Strong support 150-152
BPplas so weakkk...
Bloody red company no use ...
Hopefully tomorrow can fly to accommodate warrants listing on Thursday.
Exercise Price: 2.450
Maturity Date: 14 Dec 2026
open limit up 0.305 lepas tu terjun , besok hijau ?
from ex date 1.71 went down so much, any idea my friends?
I'm also curious why there's lack of interest with this stock. So long already at the oversold region
Like the famous economist John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”
So, in the mean time just hold for quarterly dividends!
@brutus true bro.
I'm in the red with this one..still holding it. Counting on the FA.
silently collecting.......shhhh.....dear all investors, lets silently collect this counter. good buy would be between rm1.26-rm1.4
bpplas-wa sudah 3 hari hijau
breakout 0.305 gap up limit up , besok hijau ?
LIMIT UP !
bpplas-wa tp rm1 ?
cmon bpplas-wa minggu lepas hijau , minggu ni hijau , minggu depan hijau , tiap tiap minggu hijau :)
BPPLAS has rebounded from ema200 quite handsomely since 6 trading days ago. Go go go!
bpplas-wa dh nak 0.530 boleh pergi lg ke?
hamzahhd bpplas-wa dh nak 0.530 boleh pergi lg ke?
03/01/2022 10:29 AM
Theoretically it is still cheap.
I mean BPplastic not the warrant. It's hard to value the warrant.
Many trade warrants (structured or company warrants) do not even know what it is all about.
Puzzling why the price drops this much..The warrant exercise price is 2.45 while the mother share is just 1.50...so there is no likelihood of dilution by conversion of warrants..It looks like the share is undervalued...unless there is some develeopment that we are not aware of..Any info from you guys would be appreciated
ya, surprise suddenly drop
Better buy Tguan.
I suspect there is some misunderstanding among some investors about the recent bonus issue... It was 1 bonus share for 2 (two) existing shares and 1 free warrant for 5 shares..So the dilution is less than if it was 1:!. .... Very recently, I saw a brokerage report that said that the bonus was 2 for 1..which was not the case..eventhough the brokerage set a very high target price...For your info guys . ..of what I saw
Hi Starship2, one more reason could be the declined of EPS in latest report QoQ. People are afraid that what happened on glove comoanies happens to plastic manufacturers. Maybe many of them are same group of investors who prefer to invest in cyclical stocks. For cyclical stock, you must learn when to run away. Unless the normal sales / demand is clear, they are very careful to put their money back to this stock.
Hi Sardin, Thanks for the info.....Another reason could be resin prices ..which tend to trend crude oli prices..
One more month to go before BPPLAS report their Q4 results. Expecting a solid and strong set of results. Hopefully bumper dividends as well!
Think report coming out today
A solid Q4 results! Highest revenue! Thank you BPPLAS Management for the generous dividend! Looking forward to FY22.
Stright away drop after qtr result out !!! hahahahahah !!!
Maybe because of considerable correction (reduce) of the gross margin to normal level of 12%+.
No wonder so many bloggers promoted this stock. All working with Hong Leong to dump to retailers
Easiest short. 30% downside risk
EPS reduction in Q1 is expected to recover once the raw material cost increase due to Ukraine-Russia war is transferred in Q2. Management is aiming for double digit revenue growth in consecutive 3 years starts from this year.
Understandable weaker FY22Q1, good time for long term investors to buy more at low share price.
On going soon ?
still worth collecting this counter?
No , never touch plastic rubber stocks because EU and USA will start to ban or reduce plastic n rubber products!
Solid QR from BPPLAS! With record high revenue, the higher profit is expected in the coming quarters. Looking forward to a year ending special dividend.
The 3rd q report is not up to mark.
This stock will follow glove stocks footsteps , it will become penny stock at around 60- 8x sens !
1 week ago
How long you want goreng ? below rm1?
NatsukoMishima Buy only below rm 1 , that s their real value before over goreng !