FOCUS ON SUSTAINABLE GROWTH

This is printed on the front page of the 2016 Annual report.

Share price will grow sustainably ! :)

好采是条活的咸鱼，不是烧焦了的死鱼。。。如果长期把股市当赌场，结果大都没有好下场。。。还是把持投资的理念与精神，才能驶得万年船。。:)

Ivan, are you pretty sure?

Those who hatred this stock and always wanted to sell lower even when they could sell higher are already out.... So, it would rise steadily.... hmmm.... just my thought...

Cheers to all...:)

I believe some fund managers finally come in to buy this stock after they know that there are no more pump and dump manipulation... :)

freehooi81, thank you for your friendly gesture. We will encounter each other in i3...:)

freehooi81, I bought substantial amount in 2005. Made 10% and sold. Regreted so much and then dared not look at pie anymore..... I bot and sold this year at 183... then again bot and sold 230 barely broke even as no confidence... as the share had gone up 6-7 folds compared to what I sold in 2005....finally I ended up bot back at 238-240! Those real long term investors are paid off handsomely by just holding on with their shares....

The last Q earnings (4QFY16) could be a good indication that the company is going back on an exciting growth trajectory..

Hopefully, this could be another more exciting growth phase.... :)

Dr Neoh Soon Kean invested in this company since 2007 and never sell. Checked the annual report year 2016 Neoh Mah Ee and Company shareholding among the 30 largest shareholders.

Another investor invested in this company as early as 2000, this investor holds more than 10 million shares.

These are the investors whom I shall emulate!

freehooi81 bro, I meant this FY17 the dividend of which we will receive next year in 2018.. :)

Edwin, what could you expect? Made 9.5 sen distributing 5 Sen...53%...

Better dividend this year when the profit is better...hopefully can get 10 Sen if the co can make more than 18/19 sen per share....:)

Not all monkeys make money Lah....smart monkeys would make....but not those monkeys... haha! :)

1Q and subsequent results are the determinants of the share price and next year dividend. Expect to be good and hopefully won't disappoint us tough expect 1Q not as good as 4QFY16... but full FY to be good ! :)

I am really puzzled by you guys who said that the announcement of the final dividend payment is not confirmed! The proposed dividend was announced on 3rd April for FY 16. I have not come across any company that announced dividend payment and then changed the quantum of payment later upon determination of the entitlement and payment dates.

If a company wishes to pay additional dividend, they can always do so by giving and announcing another dividend payment on top of what has been announced.

Jarongan quoted that there was a case where PIE first announced 25 Sen and later increased it to 35 Sen... but I checked the bursamalaysia announcement and can't find such case..

If you can quote me the relevant announcements, I would appreciate it...:)

Anyway, should be happy with the 5 Sen dividend for FY 16 as the EPS is 9.5 Sen.. This FY17 with expected much better earnings, we can expect better dividends..the dividend payout ratio of PIE is always about 50+%....:)

https://klse.i3investor.com/servlets/stk/chart/7100.jsp

Really! Wah! Such a shareholders friendly company! Thumbs up !! :)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5384121

Proposed dividend to be approved in the coming AGM with entitlement date to be announced later.

Jarongan Bro, the proposal is only pending approval of the shareholders in the coming AGM. This is more or less as confirmed.....

A lot of info in the HEADLINES on this page...up there! :)

http://www.theedgemarkets.com/article/pie-industrial-back-growth-path

https://klse.i3investor.com/blogs/kenangaresearch/117615.jsp

https://www.pressreader.com/malaysia/the-borneo-post/20170307/283038349335521

freehoo, from Kenanga Research report....dated 6th March 2017...and bursa announcements...

Charles, already announced first and finally dividend for FY16 of 5 Sen Single tier pending announcement of entitlement date. Last FY EPS is 9.5sen; dividend payout still maintain at more than 50%....This year if the EPS is around 20 Sen or more, can expect 10sen dividend or better...:)

Analysts usually looking at YoY results. Last year 1Q revenue 119million with Net profit of 2.1million. This will be far exceeded. Since last FY 4Q is exceptionally good with revenue of 196mil and net profit of 23mil, don't expect such a good result in the coming Quarter. But if it delivers as good, the share price will shoot. Even If it delivers 3-4 Sen per share Net, it should be inline as 2ND half should be better with voluminous projects and ODM projecy come online. Kenanga IB only first forecasted full year EPS=17.3sen, PE15 price 2.60 and later revised TP to 2.86, meant EPS 19.1 if maintain PE15.

I am looking at FY17 earnings as a whole which should be good.... It may deliver pleasant surprise in the coming Quarter....which would be a bonus....:)

Ivan, sure?

Haha! moneyinvestors , thumbs up for you! I will not post any comment from now until release of Quarter results in May....

Zexon, if you have stocks please sell loh!! LOL

Anyway, I did my research and found that worldwide paper prices gone up due to shortage of supply from China as Chineses authority carry out Environment compliance rulings and many smaller paper mills were forced to close...

telephone and lai81533 are also bullish.... someone in the paper industry asked me to buy when it was 1.70 will hold till announcements of results next month. Then let's see... :)

zexon, many others are on board.... you are not for sure but what bring you to this forum? I am curious! :)

Taiwan biggest paper manufacturer Chen Loong share price surged from 11+ in Nov/Dec 16 to 17+ in Jan/Feb 17, which is historical high. Now, it has retraced to 14.60 ... This maybe due to profit taking.... Muda may also be the same...

chkhooju, why you are so confident.... though I am as confident but would like to hear more from you...

Maybe big boys pushed it down to accumulate as this stock is not covered by any IB !

It is quite strange also why it dropped so much from 1.80 after surging to 1.80 Probably the earlier rise was due to some speculations.....but it is resilient at 1.50+.....

Generally, those working in the paper industry also said business is good and price has increased....

If can maintain is already super! Even if it only delivers 5 Sen per share on the 1Q17 is already very good!

lai81533, I agree with Lai, that we could reap big fruits if we keep for 52 weeks i. e. 1 year, because very likely that this year Muda could deliver the best ever profits! :)

Warren, exactly! Would it be something impossible? It is highly possible! When that happens, the investment fraternity will be convinced of the prospect of the company with 2 consecutive Q earnings that the company is in another growth trajectory! :)

Industrial paper price has increased by rm300 per ton....? Is it right? The capacity of Muda is 475,000 tons per annum?

So the potential increase in revenue this year will easily exceed rm100M?

So increase of EPS by 10-15 Sen should be reasonable and conservative...

Telephone, what is your estimate of the increase in profit for the 1st Quarter FY 17 and for the full year?

Profit would be partially off set by the increase of cost in the manufacturing division. If the increase in the selling price amidst strong demand continue to the end of the year, it could result in increase in EPS of 10-15 Sen per share conservatively .... :)

If result just as good as 4Q 16, if not better.....hmmm.... how the market is going to react? what do you think ? :)

why monkeyinvestor and telephone so quiet......? So long never comment anything ? already cabut ? :)

so, don't you think that the coming Quarter results should be good or very good ?

just wait for 1st Q results !! Hahah!

Note the Commentary on Future Prospects: "The current tight supply paper situation in China will reduce the availability of imported paper in Malaysia and boost the demand and sellng prices of the Group's paper..."

Read the 4Q FY16 results announcements, commentary on future prospects....

Besides, 13 millions 2ND insurance claim already received in Feb... this will go straight to the bottom line as losses due to the fires had been absorbed in last FY.

I only guess Lah! I am not insider! As industrial paper prices has gone up a lot worldwide....so Muda's as the largest Manufacturer of industrial paper in Malaysia should be making better profits..This was also disclosed in the last Quarter Financial Results....notes to the account ..review of performance....

Good times are coming ! Expect a big jump in profit in the coming Quarter results to be announced in May! :)

http://www.chnyin.com/news/2017-03/20820.html

Paper price increase till April unabated....

http://m.askci.com/news/chanye/20170307/09280692699.shtml

Price increase unabated till March 2017

http://m.appledaily.com.tw/appledaily/article/finance/20161229/37501890/

Industrial paper worldwide on the rise since last year...

http://m.ltn.com.tw/news/business/breakingnews/1930761

台湾第一大工业用纸厂在今年元旦涨价15%。。