The total dividends paid and payable amounted to a RM12.1 million for FY 2016 (RM10.9 million or FY 2015) or 65.8% of its PAT, surpassing the Tomypak Group’s dividend policy of distributing at least 40% of the Tomypak Group’s net profit for the year to shareholders :)

@hero666, you are most welcome. Glad that we can learn together also. Feel free to share your opinion as well. Together we grow better :P

@hero666, 1Q17 should be release around 18 May 2017 also.
For share split and bonus issue, Once egm approved by share holder. It will take around two weeks to proceed. It should be before 5th June 2017 :) Exact entitlement date need wait for Bursa announcement.

@hero666
###Can i say, to see the full impact of the total full production power is only to be reflect earliest by 1Q18 or 2Q18 ? Presumably market condition and demand consistently as current tide.
Might to know what you refer to full impact (double production capacity or triple production capacity)?
As mentioned earlier by Tomypak management, they plan to double its production in 2018 and triple its production in 2021 (Depend customer's demand).

I will assume around 20-30% increase of production capacity annually.
I believe 2017Q2 financial result can slowly see the "impact" of new factory and expansion plan :)

"This new plant will commence commercial operation as of Q2-2017 and will also serve as the Tomypak Group’s new headquarters. A new printing line has been installed and commissioned, and a new laminating line is being installed. Both of these two machine will commence commercial operation in 2nd quarter of FY 2017. Other new printing and laminating lines, including other ancillary and supporting equipment will progressively be added over the next 24 months to double the capacity of Tomypak Group."

@leslieroycarter
###Share split n bonus when will b approved? Buy 4 got 10 is my ans right?
Share holder will approve it on 18 May 2017 :) Correct. Buy 4 got 10.

I have roughly read the latest annual report of Tomypak. I look forward toward its expansion plan. I believe it is bright future for all Tomypak share holders. 2017Q2 financial report should be historical high profit :)

Kindly take note that "CIMB-PRINCIPAL SMALL CAP FUND" is no longer in the LIST OF TOP 30 SHAREHOLDERS AS AT 31 MARCH 2017. Don't have any institute investor is under "LIST OF TOP 30 SHAREHOLDERS AS AT 31 MARCH 2017" now :)

"In line with management strategies to increase our customer base so as to diversify our sales base and avoid over dependence on selected customers, the number of customers during the FY 2016 increased by 8%."

Additional laminating line as well as a film casting line has been ordered and will be delivered progressively over the next 9 months to the end of FY 2017. Ancillary and supporting equipment such as bag making machines and slitters have also been ordered and are also to be delivered progressively. In the meantime, Management have been evaluating sources for latest more high tech and efficient printing and laminating equipment to be added over the next two years to completely fill both Tampoi and Senai plants. The realignment plan to improve the overall operational efficiencies of both plants are being finalised and will be rolled out progressively till the end of FY 2017

Countries where Tomypak Group products are exported to include the Philippines, Russia, Singapore, South Africa and Myanmar. Most of the major customers have been partners of Tomypak Group for a long time, with some for as long as over the past 10 years, as Tomypak Group continues to consistently meets these clients key criterion of consistent quality, timely delivery and reasonable commercial terms.

The main categories of products are generally divided into the following:
a) Foil, which generally are made for the sauce, seasoning, snacks and beverage products;
b) Metallised, which are made for the noodle, seasoning, beverage and oil products; and
c) General, which are primarily made for the noodle, oil, seasoning and beverage products.

As part of its expansion programme, TFPSB undertook the construction of a new larger plant on a 10.5 acres freehold land located in the Senai Industrial Estate. This new plant will commence commercial operation as of Q2-2017 and will also serve as the Tomypak Group’s new headquarters. A new printing line has been installed and commissioned, and a new laminating line is being installed. Both of these two machine will commence commercial operation in 2nd quarter of FY 2017. Other new printing and laminating lines, including other ancillary and supporting equipment will progressively be added over the next 24 months to double the capacity of Tomypak Group.

As at the end of FY 2016, the Tomypak Group operates principally out of its existing 4 acres land located in the Tampoi Light Industrial Estate with a rated capacity of 19,000 metric tonnes per annum. The main plant and equipment in the existing plant consists of:
1) 7 multi coloured printing lines of various capacities;
2) 8 laminating lines, both wet and dry laminating lines;
3) 3 metallizing plant;
4) 7 bags making machine; and
5) Other ancillary supporting equipment such as 16 slitters and 1 CPP plant.

In addition, with a larger and better organised warehousing space supported by the improved infrastructure, the Tomypak Group will also be able to completely eliminate the need for external storage space currently leased from third parties due to a severe lack of space currently to store our inventory of raw materials and finished goods at the Tampoi factory. We have also installed more efficient storage systems for our major critical raw materials, such as silos for storage of resins and underground tanks for storage of inks and solvents. Such systems will not only result in lower cost of production but will also maintain the inherent quality of our raw materials thereby enhancing the quality of our finished products.

Two additional printing lines and laminating equipment will be purchased progressively over the next 3 years to the end of FY 2019, which will ultimately double the Tomypak Group production capacity.

ACCELERATING GROWTH FOR THE FUTURE

The first phase of Tomypak Group’s preparation to meet this expected growth was in the development of the new facility in Senai, Johor, which will be the new headquarters of the Tomypak Group. Since the commencement of initial planning in mid-2015, I am very pleased to advise that we have substantially completed the development of this brand new state of the art facility and have received the Certificate of Completion and Compliance from the local authority on 28th March 2017. We have also successfully installed and commissioned our latest printing equipment and are installing the laminating equipment, together with supporting ancillary equipment such as slitters, in this new facility as at the end of first quarter of FY 2017. We commenced commercial operation of the new plant in April 2017. Additional laminating equipment as well as a new CPP plant with the necessary ancillary equipment will be delivered and installed in this new facility towards the 4th Quarter of 2017. This will enhance the capabilities and capacities of your Group in servicing our wide ranging customers and markets.

Annual Report just release :)
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=179893&name=EA_DS_ATTACHMENTS

AGM of Tomypak will held at Melati Hall, Palm Resort Golf & Country Club, Senai on Thursday 18 May 2017, at 9.30am.
EGM of Tomypak will held at Melati Hall, Palm Resort Golf & Country Club, Senai on Thursday 18 May 2017, at 10.30am.

I can't attend it :(
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5406805

ESOS :)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5402573

You can refer to my previous comments . Hope it helps. Thanks.

Effect of Share Split and Bonus Issue for Tomypak warrant (For illustrative purposes only):
Assumed no. of Shares held is 1,000 unit and 5-day VWAMP is RM 1.00, Total Value RM 1.00;
After the Proposed Share Split, no. of Shares held is 2,000 unit, market price per share is RM 0.50, Total value RM 1.00;
After the Bonus Issue, no. of Shares held is 2,500 unit, market price per share is RM 0.40, Total value RM 1.00;

In short, Number of unit from 1,000 unit to 2,500 unit and share price from RM 1.00 to RM 0.40.

@Haha123456, sure :) Fundamental strong company for long term investment.

Share split and bonus issue will increase liquidity of Tomypak share to attract Institutional shareholders. Current Institutional shareholders only CIMB-Principal Asset Management Bhd which hold 600.60k units or 0.36% (AS OF 31 MAR 2016).

@R40s, agree :) Tomypak is fundamental strong company for long term. I will hold it till at least 2018. Its expansion plan is depend customer demand (they will install new production lines if secure new customers or additional orders from existing customers).
Tomypak will double its production in 2018 and triple its production in 2021. I have confident towards management team towards expansion plan. Let wait for upcoming annual report (end of April) and Q1FY17 (mid of May).

@kt888 88, your average price for Tomypak-wa is safe. I will advice you to hold it.

The operating environment in the forthcoming year is expected to continue to be difficult and
challenging given the continuing uncertainties in the global economy as well as the volatile foreign exchange rate.

Nevertheless, with the impending completion of the new plant in Senai, the Board expects to deliver better results in the forthcoming financial year as the Group commissions its new, more efficient and advance plant and equipment, providing the Group with the appropriate platform to grow and sustain the Group’s business and meets increasing customers demand from the growing food and beverage and fast moving consumer goods sectors.

TOMYPAK HOLDINGS BERHAD (THE COMPANY) PROPOSED RENEWAL OF SHAREHOLDERS APPROVAL FOR SHARE BUY-BACK BY THE COMPANY

The Board of Directors of Tomypak Holdings Berhad (“the Company”) wishes to announce that the Company has resolved to seek the renewal of shareholders’ approval for the Proposed Share Buy-Back at the forthcoming Twenty Second Annual General Meeting (“22nd AGM”) of the Company under Special Business.



The Company has at the Twenty First Annual General Meeting held on 18 May 2016 obtained its shareholders’ approval for the Company to purchase up to ten percent (10%) of the total number of issued shares of the Company for the time being on the Bursa Malaysia Securities Berhad. The said approval will expire at the conclusion of the forthcoming 22nd AGM of the Company.



A Share Buy-Back Statement in connection with the resolution seeking the approval of the shareholders for the proposed renewal of approval for share buy-back at the forthcoming 22nd AGM will be forwarded to shareholders in due course together with the Notice of 22nd AGM.



This announcement is dated 14 April 2017.

Is a chance to Top Up Tomypak now :P

Hopefully I can attend it upcoming agm :) In order to have better understanding about its expansion plan. Else whatever information I have now just figure and word :(

1. Tomypak submit application in relation to the Proposals of share split and bonus issue to Bursa Malaysia Securities Berhad on 5 April 2017.
2. Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated and resolved to approve. (should be within one week time, 12 April 2017).
3. CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- (I) PROPOSED SHARE SPLIT; (II) PROPOSED BONUS ISSUE; (should be held together with upcoming agm on third/forth week of May).
4. Entitlement date of share split and bonus issue should be 2-3 weeks after shareholder's approval. (latest by 5 June 2017).

@R40s, I plan to go if I can make it. I will away to oversea for a week (third week of May). Hope it is no clash with Tomypak agm.

Glad can discuss with you as well :)
It is good can have different point of view to analyze their financial result or corporate exercise.

My point of view of some key finding for upcoming annual report of Tomypak.
a. Total Revenue drop around 1.47% (From RM 214,099,000 in 2015 to RM 210,942,000 in 2016);
b. Increase at Local market while decrease at Overseas market;
c. Local Market contribute 47.12% Revenue vs Oversea Market contribute 52.88% in 2016;
Local Market contribute 45.32% Revenue vs Oversea Market contribute 54.68% in 2016;
d. PBT reduce 25.83%
RM 23,210,000 in 2016 vs RM 31,294,000 in 2015
e. PAT reduce 20.46%
RM 18,424,000 in 2016 vs RM 23,164,000 in 2015
f. ROE reduce from 18.40% in 2015 to 9.76% in 2016 (Share Capital and Reserves increase a lot in 2016)
g. Shareholders’ equity increase from RM 125,921,000 in 2015 to RM 188,769,000 in 2016
h. Gearing ratio is reduce from 23% to 18%;
i. Tomypak should be able to become Net Cash Company on 2018 onwards;
j. Dividend reduce from 10 sen to 8 sen but dividend paid increase (RM10.94 million in 2015 vs RM12.06 million);

Main reason "cause" reduce EPS and PAT in 2016:
1. Expansion plan (Construction of a new factory building, Purchase of machineries, equipment and other ancillary facilities);
2. Foreign exchange gain;
3. Right Issue;
4. ESOS;

Cash and cash equivalents increase from RM 11,715,000 in 2015 to RM 30,906,000 in 2016.
From business point of view, I'm happy with the management team's efforts to extend/grow the business.

Net Profit through Resale/Cancellation of Treasury Shares is RM 221,650.54.

Total Share Sold Cost is RM 724,827.56 at RM 2.301/unit (on 6/4/2017).

If based on "Annual Audited Accounts", Total Share Buy Back Cost is RM 503,177.02 at RM 1.59/unit (from 17/10/2016 to 19/1/2017).

Above is based on Bursa Announcement "Shares Buy Back".

It will reflect at FY17Q2 financial result (CASH FLOWS FROM FINANCING ACTIVITIES).

Net Profit through Resale/Cancellation of Treasury Shares is RM 220,028.25.

Total Share Sold Cost is RM 724,827.56 at RM 2.301/unit (on 6/4/2017).

Total Share Buy Back Cost is RM 504,799.31 at RM 1.60/unit (from 17/10/2016 to 19/1/2017).

Not sure whether is i3 problem or what :( It seems like I need to post it line by line. It keeps disappear my comment after I refresh it.

Not too sure why my comments regarding Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement can't display here :(

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5392229
On behalf of the Board of Directors of Tomypak, RHB Investment Bank Berhad wishes to announce that the application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 5 April 2017.

First step is submit the proposal to BURSA.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5392229

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5392025

EMPLOYEES SHARE OPTION SCHEME
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5391553

At FY15Q4, Tomypak resold 330,900 units of its own shares at an average price of RM2.37 per share in the open market of Bursa Malaysia for a total consideration of RM782,121. The gain
from the resale of treasury shares have been recorded in the equity account of the Company.

@R40s, thanks a lot. Good information regarding Resale/Cancellation of Treasury share. Tomypak management is awesome. Will you attend upcoming agm?

@Khor Bak, 5-day Volume Weighted Average
Market Price (“VWAMP”)

@R40s, sorry. Misunderstanding it. Hehe. I read it as separate message. Thought is your buy price.