@hero666 , Tomypak Company has at the Twenty Second Annual General Meeting held on 18 May 2017 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.

@R40s, thanks for your effort. I do agree with your point of view regarding the TP given by CIMB, Kenanga and Maybank IB. Let time prove it :)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5563769
Share buy back

IB research up-to-date:
CIMB - Reduce - RM 0.75;
Kenanga - Market Perform - RM 0.92;
Maybank Investment Bank Research - BUY - RM 1.05;

Thanks, @hero666

Mr Yong dispose 1 million unit at 0.95
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5561217

@hero666, possible. Let wait for two more quarter result till financial year end 2017.

@omgimnoob, agree on that. It will increase cost of raw material. Still long way to go anyway :)

ESOS Options offered Up-to-date:

34.78% of ESOS Options offered (at RM 0.58) has been listing, left 90,000 units;
97.37% of ESOS Options offered (at RM 0.60) has been listing, left 106,038 units;
0.00% of ESOS Options offered (at RM 0.87) has been listing, left 5,130,000 units;

@hero666, sorry for late reply. Away for long holiday break :)
For share price, it is quite objective.
Assume eps for 2017 is 0.06. PE range from 10-30 and the share price will range from 0.60-1.80 accordingly.
The share price is depend how Mr Market reflect the company performance.
However I believe and confident regarding the growth of plastic packaging industry and tomypak expansion plan.
If it drop further, I will just top up.
If it up further, I will just hold.

As long as the business is grow, I won't sell my existing holding share unit (regardless up/down of share price).

@R40s, you are most welcome. Glad can discuss more about Tomypak with everyone.

@R40s, shouldn't be. Exercise of ESOS will have an "Additional Listing Announcement".
Mr Yong should be acquired 1 million of share through DBT or buy from other seller outside open market at RM 0.873 on 14/9/2017.

Both are different scenario.

Largest shareholders holder of Tomypak is Mr Yong, followed by Mr Lim and Mr Chairman up-to-date. Tomypak has offer new ESOS around 5 million+++ share unit at 2017Q3.

Thanks, vinvestor. Let see who is the buyer this round.

@ZXF123, "Yong acquired 3.75 million shares @ 87.3 sen in the past few days, who was selling so cheap to him?"

Or you refer to upcoming Bursa Announcement which don't release to public yet?

@ZXF123, hope it clarify:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5533641
28/08/2017 400,000 unit RM1.05 PER SHARE
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5547185
14/09/2017 1,000,000 RM0.873 per share

Announcement below shown Mr Yong latest share hold at Tomypak:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5547217
Direct (units) 1,117,087
Direct (%) 0.266
Indirect/deemed interest (units) 105,602,752
Indirect/deemed interest (%) 25.183
Total no of securities after change 106,719,839

@tokohM, it is normal for DBT trade below market price with huge amount share involved for acquired/dispose.

@ZXF123, fyi, Mr Yong acquired 1 million share of Tomypak at RM0.873 per share instead. Thanks.

Mr Chairman acquired at around 0.94 while Mr Yong purchase at 0.87 (through DBT I believe)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5547185

Mr Chairman and Mr Yong keep acquired Tomypak share at open market.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5547237

Good decision, R40s. Give you a big LIKE.

Thanks, vinvestor.
Mr Chairman acquired Tomypak share recently.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5537765

Below is my forecast for upcoming 2017Q3 financial result:

Good things:
1. Revenue increase;
2. Increase in local and export sales;
3. Better wastage control and improved operations efficiency;
4. Higher profit margin;
5. Realignment plan on 2nd half of 2017;
6. Eliminate the need for external storage space currently leased from third parties;

Bad things:
1. Increase in raw material costs (polymer (PP/PET) price);
2. Higher global crude oil prices;
3. ESOS expenses (might cost around RM 1.8 million);

Below is my expectation for 2017Q3:
1. Revenue around 65 - 75 million;
2. PAT around 6.5 - 7.0 million; *PAT around 4.7 - 5.2 million;
3. EPS around 1.5-1.6 sen; *EPS around 1.1-1.2 sen;
4. Dividend around 1 sen;
* Deduct ESOS expenses

It is still a long journey for Tomypak :)

I believe offer of the ESOS Options might cause the share price drop of Tomypak recently.

ESOS announcement
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5537157

Mr Chairman acquired Tomypak share, http://www.bursamalaysia.com/market/listed-companies/company-announcements/5537205

GTD will do. Lol. I don't really monitor share price movement. Remiser will update me if drop or up a lot normally.

@Bird87, Lol. I will just stick to my original plan :) At least Hold till end of financial year 2018 and buy more if it drop further :P No buy/sell call here. Purely just share and discuss Tomypak company at here.

@vinvestor, thanks for sharing it. Tomypak buy/sell volume is small quantity normally. 400k unit consider quite "big" for Tomypak. If he buy direct 400k unit at open market, I believe the share price might go up to 1.05++ also.

Dividend paid for 2016 Q1 is RM 3,284,000 around 93.50%；
Dividend paid for 2016 Q2 is RM 2,189,000 around 42.75%；

Dividend paid for First Half of 2016 is RM 5,473,000 around 63.40%；

Dividend paid for 2017 Q1 is RM 3,319,000 around 53.00%；
Dividend paid for 2017 Q2 is RM 3,350,000 around 82.41%；

Dividend paid for First Half of 2017 is RM 6,669,000 around 64.57%；

Thanks for your highlight, vinvestor. Perhaps DBT? I don't aware it also.

For me, they treat quite well to share holder. It is a long term counter. I will accumulate more if it drop further.

Tomypak Group’s dividend policy of distributing around 53.00% on 2017Q1;
Tomypak Group’s dividend policy of distributing around 82.41% on 2017Q1;

Average around 64.58% for 2017 1H.

@kenken85, current price * 2.5 = share price before share split + bonus issue.

@hero666, I don't have the softcopy. It is hardcopy newspaper. You can buy from nearby 7-11. Worth to have a read :)

Latest THE BUSY WEEKLY has an article comparing the business model (the effect of resin price, crude oil price etc) of BPPLAS vs SLP vs Tomypak. Worth to have a read :)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5533641
Surprisingly Mr Yong dispose all his Tomypak warrant but buy 400k unit tomypak share at around RM 1.05 per share.

Adjusted Net Profit on 1H2016 is around RM 8.632 million;
Adjusted Net Profit on 1H2017 is around RM 10.327 million;

Adjusted Net Profit on 2016 is around RM 18.33 million;

16.41% improve of adjusted net profit.
56.34% achievement up-to-date :)

Looking forward 2017Q3 financial report.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5529693

Tax exempt dividend of 0.8 sen per ordinary share.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 19 Sep 2017
2) The last date of lodgment : 21 Sep 2017
3) Date Payable : 2 Oct 2017

"The weighted average is counted by the number of days started from the completion of corporate exercise………

So, for the 1st few months profit, will not be affected by the “increased no. of shares”……..

When come to next year (full year), you will see the 400 ++ million………"

Hope it helps for whoever got curious regarding "Weighted average number of ordinary shares in issue ('000)".

https://flbcnews.com/volume-moving-the-tape-for-tomypak-holdings-berhad-7285-kl/

http://klse.i3investor.com/blogs/kenangaresearch/131031.jsp

Kenanga give a TP of 0.92
CIMB give a TP of 0.75

@hero666, you are most welcome. I will share more if I find more useful info later :)

PE won't be the factor for me to invest for a company. Most important still Growth of a company. I can't forecast the Growth of Tguan. Once Tomypak start to grow. EPS will up then PE will "reduce" indirectly. I believe they must be a reason behind how market decide PE of a company. No correct or wrong. Just see what you preferable :)

It is still look good for long term as you can company Buy more Inventory + CASH FLOWS FROM INVESTING ACTIVITIES (Drawdown of term loans + Net short term borrowings) + CASH FLOWS FROM FINANCING ACTIVITIES.

My point of view for 2017Q2:

Bad things:
1. Operating Margin drop to 8.27% (12.76% in 2017Q1) and Net Profit Margin drop to 7.77% (11.61% in 2017Q1);
2. Six months accumulative Revenue drop: 106.2 million in 2017 vs 108.1 million in 2016;
3. A reduction in demand from overseas customers;

Good things:
1. Six months ended Adjusted Net Profit increase: 10.3 million in 2017 vs 8.6 million in 2016;
2. Laminating equipment together with supporting ancillary equipment such as slitters had also been installed which reflect increase at "Property, plant and equipment";
3. Used in 3.9 million at operating activities vs Net cash from operating activities 16.3 million;
4. Six months ended Net cash used in investing activities is 16.1 million;
5. Six months ended Net cash for financing activities is 1.9 million;

Overall, I believe the decrease in Cash and bank balances should be used in Buy Inventories + Repayment of term loans + Expansion Plan expenses.
As compare the "CASH FLOWS FROM INVESTING ACTIVITIES (Drawdown of term loans + Net short term borrowings) + CASH FLOWS FROM FINANCING ACTIVITIES + Property, plant and equipment" between 2016Q2, 2016Q3 and 2016Q4 vs 2017Q1 and 2017Q2,
I believe Tomypak management might order new printing machine/lamination machine/advance and efficient machines.
The cost of increase one "production line/printing machine" might cost around RM 20 million - RM 30 million if I don't count wrong.

Obviously new production line don't contribute revenue for 2017Q2.
Increase of raw material price affect the profit margin etc.
But I can see the "demand" and I believe it has been fully taken up by existing and new customers as what Mr Tan said.
I will stick to my original plan which is top up if it drop further and hold till double capacity at least Dec 2018.
My target price for end of financial year 2017 still remain same as 1.20.

I'm still positive towards Tomypak expansion plan and new buyer of Mr Yong Tomypak warrant.
I believe Tomypak might authorize Share Buy Back if share price of Tomypak "drop to certain level".

I feel more relief after spend few hours to read through 2017Q2.
I might be wrong but this is what I interpret so far for 2017Q2. I will share more views once I free later.

Hope it helps for all Tomypak shareholders.
Feel free to share your opinions and correct me if I misinterpret something.

@warren22, I have the same feeling too. It seems like eps calculation is wrong. Weighted average number of ordinary shares in issue ('000) should be around 419 million etc. Let me clarify with Tomypak management.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5527673
Interim Dividend

TOMYPAK HOLDINGS BERHAD

EX-date 19 Sep 2017
Entitlement date 21 Sep 2017
Entitlement time 05:00 PM
Entitlement subject Interim Dividend
Entitlement description Tax exempt dividend of 0.8 sen per ordinary share
Period of interest payment to
Financial Year End 31 Dec 2017
Share transfer book & register of members will be 21 Sep 2017 to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM CORPORATE SERVICES (KL) SDN BHD
Lot 6.05, Level 6, KPMG Tower
8, First Avenue
Bandar Utama
47800Petaling Jaya
Tel:0377201188
Fax:0377201111
Payment date 02 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 21 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.008
Par Value (if applicable) 0.000

Prospects
With the completion of the new plant and the successful commissioning of the first more advance and efficient new printing and lamination machines, the Group is in the midst of working with major existing customers and potential customers to qualify this new plant to service these customers. Upon the successful certification of this new production process, the Group expects the overall performance to improve.
Another three sets of advance and efficient machines are schedule to be delivered in the last quarter of 2017, which will be commissioned and ready for production towards the end of the first quarter of 2018.
The Group expects these machines to further improve the overall productivity and efficiency.
Barring unforeseen circumstances, the Board expects to deliver satisfactory results for the financial year ending 31 December 2017.

For the 3 months period ended 30 June 2017, the Group achieved a turnover of RM52.31 million
compared to RM53.92 million for the preceding quarter, a marginal reduction of 2.98%. The Group
however reported a lower pre-tax profit of RM4.11 million and lower profit after tax of RM4.06 million
compared to a pre-tax profit of RM6.68 million and profit after tax of RM6.25 million in the preceding
quarter, a reduction of 38.4% and 35.09% respectively. These were mainly due to the following reasons:
a) reduction in the demand from overseas customers;
b) strengthening of Ringgit Malaysia against foreign currency which resulted in lower contribution
margin from overseas revenue; and
c) additional depreciation incurred in 2nd quarter arising from the commencement of operations of
the new plant.