Paper / box related supply chain information.

Muda - upstream.
Orna , master , pphb - downstream.

Both are supported by Good result.
Orna is more stable in the sense of better track record on the past 5 year

Telegram Klse opportunity investing LINK
https://t.me/joinchat/AAAAAFHxLrQTq-iOb1FKzA

Muda is the one beneficial the most on the blue sky policy taken out by China government last year 2nd half. China government have chop down those smaller and stopping not obeying the stringent pollution control OCC (old card carton) , that bring up the price of the raw materiat of the imported paper thus the increased of the price of the raw material in China itself.

While those oversea raw mat country will have to sell cheap to other country as the biggest consumption country - China unable to took those low quality OCC n untreated pulp.

Therefore Muda holding able to source cheap material from oversea . ( Last year they got shortage of material and also their kajang paper mill run in a very low utilization )

Muda - kajang paper mill had invest in brand new production line 5 years ago. But previously the factory still unable to work well due to technical issue.
The new production line able to produce 600 metric tons perday. The problem is solved by now.

Now muda holding will able to get sufficient raw mat from oversea and cheap raw mat as well.
Furthermore, the new machine is working well. (天时地利人和)
There are no price adjustment on the selling price , it may potential to increase of the margin coming forward.
 

By it mean, this will benefit Muda the most by having the cheap Raw material (OCC) for the corrugated medium. 

For Orna, the demand expect to continue go up as the E-commerce sector on Malaysia are just picking up. also it support by the healthy grow of the E&E sector , solar sector , and ETC 

Risk - How fast can ORNA transfer the rising raw material cost to customer. 

Buying opportunity - Muda - consolidating on the new high area - looking positive on breaking it .
Support and Stop loss - 2.38 ; 2.30 ; Potential reward - 2.70 - 2.80

Buying opportunity - Orna - consolidating on the new high area - looking positive on breaking it .
Stop loss - 1.57 ; 1.53 ; Potential reward 1.90 ; 2.00

Telegram Klse opportunity investing LINK
https://t.me/joinchat/AAAAAFHxLrQTq-iOb1FKzA