ORNAPAPER BHD

KLSE (MYR): ORNA (5065)

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Last Price

1.02

Today's Change

+0.01 (0.99%)

Day's Change

1.02 - 1.09

Trading Volume

10,900

Overview

Market Cap

77 Million

NOSH

75 Million

Avg Volume (4 weeks)

9,505

4 Weeks Range

1.01 - 1.12

4 Weeks Price Volatility (%)

91.07%

52 Weeks Range

1.01 - 1.58

52 Weeks Price Volatility (%)

64.56%

Previous Close

1.02

Open

1.02

Bid

1.01 x 13,500

Ask

1.02 x 100

Day's Range

1.02 - 1.09

Trading Volume

10,900

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2022 [#1] | 25-May-2022

Next QR | Est. Ann. Date

30-Jun-2022 | 17-Aug-2022

T4Q P/E | EY

18.31 | 5.46%

T4Q DY | Payout %

1.93% | 35.38%

T4Q NAPS | P/NAPS

2.55 | 0.40

T4Q NP Margin | ROE

1.37% | 2.18%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: PACKAGING MATERIALS

Subsector: PACKAGING MATERIALS

Description:

Ornapaper Bhd is an investment holding company. Ornapaper through its wholly-owned subsidiaries manufactures and supplies corrugated boards and carton boxes. The company?s product offerings include corrugated boxes in various types, including regular slotted cartons, top and bottom, five-panel folder, half slotted carton, full overlap slotted carton, L shape, H shape, corrugated pads and die-cut; measuring cardboard boxes, and corrugated flutes. The company?s operations are carried on only in Malaysia.

Discussions
2 people like this. Showing 50 of 1,374 comments

strattegist

untraded

2021-07-09 20:24

Bgt 9963

Post removed.Why?

2021-07-10 09:02

stockraider

Tiap tiap hari good morning buat apa leh ?

2021-07-10 10:05

WB888888

Time to for carton box trend. KYM on rise. pls carton box counter Orna Muda/PPHB follow up. No more sleep

2021-07-12 12:30

strattegist

red 1.36 ... down 7sen

2021-07-12 18:01

Bgt 9963

Post removed.Why?

2021-07-13 08:53

strattegist

green 1.37

2021-07-13 17:50

strattegist

green 1.40

2021-07-14 17:40

strattegist

green 1.43

2021-07-15 17:50

strattegist

red 1.42

2021-07-16 23:14

strattegist

flat 1.42

2021-07-19 17:50

strattegist

red 1.40

2021-07-21 18:07

strattegist

untraded

2021-07-22 21:37

karuppudurai

hello. still sleeping la this counter

2021-07-22 22:08

strattegist

green 1.45

2021-07-23 17:55

koowakzai

red 1.40

2021-07-27 17:54

VibraniumBull

Watching grass grow is faster than the growth of this share.

2021-07-28 10:53

Glaceau

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-pape...

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

strattegist

green 1.51

2021-09-07 01:04

strattegist

steady

2021-09-07 10:28

koowakzai

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

strattegist

green 1.54

2021-09-07 17:37

strattegist

red 1.48

2021-09-08 17:58

strattegist

red 1.43

2021-09-09 21:53

strattegist

red 1.40

2021-09-13 18:33

strattegist

flat 1.39

2021-09-15 18:16

strattegist

green 1.40

2021-09-20 18:03

koowakzai

Flat 1.40

2021-09-21 21:26

strattegist

red 1.39

2021-09-22 18:00

strattegist

flat 1.39

2021-09-24 17:22

strattegist

red 1.38

2021-09-27 17:44

strattegist

green 1.39

2021-09-28 23:08

koowakzai

red 1.37

2021-09-29 18:17

strattegist

red 1.37

2021-09-29 18:18

koowakzai

green 1.40

2021-09-30 17:09

strattegist

green 1.40

2021-09-30 18:12

strattegist

red 1.37

2021-10-01 18:34

strattegist

green 1.39

2021-10-04 17:11

strattegist

red 1.36

2021-10-05 23:06

koowakzai

Green 1.38

2021-10-06 19:24

strattegist

green 1.38

2021-10-06 21:50

strattegist

untraded

2021-10-07 17:46

koowakzai

Green 1.41

2021-10-13 17:19

NawaMan

strattegist why today so many people buy? got something on isit??

2021-12-16 15:32

镠公公

Black 1.37

2022-01-14 18:17

镠公公

Purple 1.45

2022-01-17 19:00

MikiMouse69

Excellent result. Congratz

2022-02-24 18:21

Glaceau

Just old management not willing to either grow or sell the business.

2022-02-24 23:45

coolwater

急急令,ORNA PAPER is coming

2 months ago

koowakzai

Potential M

2 months ago

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