ORNAPAPER BHD
KLSE (MYR): ORNA (5065)
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Last Price
1.09
Today's Change
0.00 (0.00%)
Day's Change
1.08 - 1.15
Trading Volume
93,800
Financial
Market Cap
82 Million
NOSH
75 Million
Latest Quarter
31-Dec-2023 [#4]
Announcement Date
28-Feb-2024
Next Quarter
31-Mar-2024
Est. Ann. Date
26-May-2024
Est. Ann. Due Date
30-May-2024
QoQ | YoY
294.21% | 1,812.73%
Revenue | NP to SH
278,391.000 | 6,569.000
RPS | P/RPS
369.95 Cent | 0.29
EPS | P/E | EY
8.73 Cent | 12.49 | 8.01%
DPS | DY | Payout %
1.97 Cent | 1.81% | 22.58%
NAPS | P/NAPS
2.62 | 0.42
QoQ | YoY
797.4% | 169.22%
NP Margin | ROE
2.34% | 3.33%
F.Y. | Ann. Date
31-Dec-2023 | 28-Feb-2024
Latest Audited Result
31-Dec-2022
Announcement Date
28-Apr-2023
Next Audited Result
31-Dec-2023
Est. Ann. Date
28-Apr-2024
Est. Ann. Due Date
28-Jun-2024
Revenue | NP to SH
278,391.000 | 6,569.000
RPS | P/RPS
369.95 Cent | 0.29
EPS | P/E | EY
8.73 Cent | 12.49 | 8.01%
DPS | DY | Payout %
1.97 Cent | 1.81% | 22.58%
NAPS | P/NAPS
2.62 | 0.42
YoY
169.22%
NP Margin | ROE
2.34% | 3.33%
F.Y. | Ann. Date
31-Dec-2023 | 28-Feb-2024
Revenue | NP to SH
278,391.000 | 6,569.000
RPS | P/RPS
369.95 Cent | 0.29
EPS | P/E | EY
8.73 Cent | 12.49 | 8.01%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
367.43% | 169.22%
NP Margin | ROE
2.34% | 3.33%
F.Y. | Ann. Date
31-Dec-2023 | 28-Feb-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
2 people like this. Showing 50 of 1,388 comments
Ornapaper Berhad - A great company controlled by a conservative and old management team or perhaps a few 'old' individuals.
Recently, many companies with Outstanding Shares approx 100mil and below has been bought up to the extend of limit up. Orna potentially could be the next target as it has been thinly traded for many months with only 75mil Outstanding Shares.
Orna is great company which was a potential takeover target by Oji Paper which is one of the largest paper products companies in the world. There were such rumours circulating around the investment community though corporate events of such may not be likely to happen especially in view of the current Covid situation.
On the other side of thinking, the management may try to take advantage of the current undervalued pricing by planning the next few steps ahead be it privatising or other corporate activites if not continuing the the hibernating.
The current price as of 30th July 2021 was RM1.44 and the closing prices for the past 1 month has been around RM1.4X plus minus.
It is definitely another frustrating/undervalued stock in Bursa, controlled by the family members (Sai's Family) with a conservative way of running a paper products business (compared to Muda Holdings's Lim Family, more aggressive management). If you not already know, Mr Sai Chin Hock, the Executive Director and major shareholder of Orna is also the owner of Julie's Biscuit - a great confectionery company based in Melaka.
The big question is why Orna still maintain the listing status when the purpose of listing is just to put your company in hibernation mode instead of fully utilising the benefits of being a listed company. Yes it is definitely useful to let people know that it is a listed company to gain respect (another session for discuss further, not relevant in today's session). To summarise, the management will not care much about the minority shareholders' opinion and investing in Orna is a game of patience to see who will last longer...
1. https://www.theedgemarkets.com/article/edge-weekly-more-ma-likely-paper-packaging-industry
2. https://en.m.wikipedia.org/wiki/Oji_Paper_Company
This sharing is just for extra informational purposes only. It is vital to do your own study and analysis before making any investment decision.
2021-08-01 01:01
1.54 green. Volume has increased 10x for the the last 3-4 days. Momentum building up for 2nd gear. Go go
2021-09-07 17:12
Take over price so low. Not fair to shareholders. Share holder need to reject
2022-09-21 18:05
Wishing everyone a very happy healthy wealthy and prosperous Chinese New Year... Gong Xi Fa Cai
2023-01-21 13:48
If you have a comparative ROE that does not show a clear winner (as per the link https://i.postimg.cc/XvtJhw9P/ORNA-New-Toyo.png), would by consider ORNA as a company for further investigation? My screening process is to compare the historical ROE with those of my reference companies. The reference companies are those that I have done detailed analysis. I figured that if a target company ROE does better than my reference, it is worth a deeper look. But what happens if it looks like the ORNA case? I have shared the details of one of my references – New Toyo but have not done so for Canone. For an overview of New Toyo go to https://www.youtube.com/watch?v=zuL2PB7Kwkg
2023-09-02 08:23
Most directors/mgmt bought at RM1.06, so a lot of upside potential if the stock keeps trading at RM0.98 haha
1 month ago
reentered this counter at price between RM1.01 - RM1.02. good QR, good fundamental, low liabilities. and most importantly price is at low level after many years
1 month ago
over the years, NTA building up, total liabilities going down. just calculated it's net current asset worth RM1.05 per share (including inventories), which totally discounted any value of it's non current assets (Property, plant and equipment)
while the company being not profitable over the years (although still making more profits than losses), price has gone downtrend throughout the course to current low level.
this last QR showed sign of company start being profitable, although not promised to be sustainable yet (wait until future QRs unfold). current price offers a very good bargain entry point comparing to it's NTA of RM2.66
1 month ago
COMMENTARY ON PROSPECTS
The current economy situation and operating environment continues to pose challenges to the Group’s business.
Demand of the products, increase in raw materials cost and operational costs such as wages, utilities, logistics and other operational expenses remain as main
challenges for the Group.
The Group will continue to focus on its core business and will always be seeking new ways to improve its performance.
Moving forward, the Group will continue with its concerted efforts to improve efficiencies and effective cost management across major functions to maximise returns and to strengthen the competiveness in the market.
The Board is cautiously optimistic of the performance of the Group for the financial year 2024 amidst challenges from the prevailing market economic conditions.
1 month ago
Sunset industry
Mgmt must find ways to either diversify, exit the paper business or find a buyer for the company
1 month ago
@wallstreetrookieNEW
sunset industry? please explain.
PPHB, MUDA, MASTER also did well this QR.
requirement for paper boxes will be there as long as people still do trading as most products need packaging
especially now time of online businesses. more paper boxes are needed
1 month ago
one of few stocks come out higher after monday & tuesday IRAN's striking crisis
19 hours ago
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Watching grass grow is faster than the growth of this share.
2021-07-28 10:53