@kenken85, sure :) We can have a gathering of i3 Tomypak share holder by that time :P

@ozzie75, let meet up at next Tomypak agm :P

@kenken85

I'm happy if year end can reach the goal below.

After share split and bonus issue:
Stage-1 @ 2017, RM 3++; >> Adjusted RM 1.2++
Stage-2 @ 2018, RM 4++; >> Adjusted RM 1.6++
Stage-3 @ 2021, RM 6++; >> Adjusted RM 2.4++

***It heavily depend on the financial result/PAT/eps and I might adjust (increase/decrease) the TP later.

I'm happy/satisfy if every three month can up 0.10 :)
My last Top up is at RM 2.45 (or RM 0.98).

For dividend, Tomypak Group’s dividend policy of distributing at least 40% of the Tomypak group’s net profit for the year to shareholders.
Last year is around 65.8% of its PAT.

Assume every quarter can get PAT 6 million and 60% of its PAT as dividend. I believe we can get 1 sen each for the upcoming financial result.
Plus 2017Q1, we already get 2 sen. This year I will expect to get 5 sen.

I might wrong but all this is heavily depend on the financial result/PAT/eps.

IB research up-to-date:
CIMB - Reduce - RM 0.75;
Kenanga - Hold - RM 1.00;

Kenanga Research about Tomypak:
http://klse.i3investor.com/blogs/kenangaresearch/125049.jsp

As compare to raw material and selling price, I believe deliver goods on time will be more concern. As it can bring revenue/sales to both Tomypak and their customers directly. It is no easy to maintain long term relationship with customers to gain their trust. That's why I believe expansion plan is a MUST for long term :)

Below is my forecast for upcoming 2017Q2 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;

Bad things:
1. Lower foreign currency gain (a weaker MYR versus the USD);
2. Increase in raw material costs (polymer (PP/PET) price);
3. Higher global crude oil prices;

@ozzie75, You're right :) I agree with your points regarding raw material costs and selling price.
I have read before which stated that they have "mutual agreement" between Tomypak management, vendors and customers regarding raw material cost and selling price.

@rocky77, thanks a lot to share your concern regarding "raw material of polymer (PP/PET) has increased in double digit % since early of 2017 to date." :)

@kt888 88, your average price is much lower than me instead :) After few round of Top-up, my average price is around RM 0.75. My last Top-Up is RM 2.45 (or RM 0.98). I will still slowly accumulate if it drop lower etc. This is what I do now :) Hope it helps.

@Bird87, at least one year if you plan to invest Tomypak. It needs time to grow and expand the business.

@ozzie75, it don't mean anything special :) Basically just reflects the tomypak warrant current status.

@Kim Yi Chia, you are most welcome. Hope it reach your TP :)

@Kim Yi Chia, just to share that Tomypak warrant is trade at 35% premium, exercise price is 0.93 and Maturity Date is on 21 Jun 2021.

@leslieroycarter, the ESOS price is before share split and bonus issue. Current price is after share split and bonus issue. Thanks.

@ozzie75, You're too humble :P I'm believe you are experience and intelligent investor as well :) Glad can discuss and change opinion with you. Sharing is caring ^.^

@Kim Yi Chia

I'm happy if year end can reach the goal below.

After share split and bonus issue:
Stage-1 @ 2017, RM 3++; >> Adjusted RM 1.2++
Stage-2 @ 2018, RM 4++; >> Adjusted RM 1.6++
Stage-3 @ 2021, RM 6++; >> Adjusted RM 2.4++

***It heavily depend on the financial result/PAT/eps and I might adjust (increase/decrease) the TP later.

@hero666, I will monitor closely all upcoming financial report. Again I will sold out if the financial result turn bad or worse than my expectation or I find a better stock to invest :)
"Patient hold till Dec 2018" just my initial investment goal if everything (expansion plan) run smooth.

@hero666, Tomypak management did mention share split and bonus issue can increase liquidity and possible to attract institute investors or fund manager. This might explain what you mention " it can be observed trader flowing in with high trading volume".

@hero666, Frankly speaking, I not familiar with chart and TA ("trading pattern") :( I refuse to learn it instead. I believe, share price/pattern can easily manipulated by so-called "trader" and "operator". But financial result, can't. I will still insist for my initial investment goal. Patient hold till Dec 2018. I will sold out if the financial result turn bad or worse than my expectation or I find a better stock to invest :)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5452809

The Subdivided Shares, Bonus Shares and Additional Warrants will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 6 June 2017, being the next market day immediately after the Entitlement Date.

@Haha123456, Share split and bonus issue will credit into your account later.

@moon81, you are most welcome :) Feel free to discuss if you have any inquiry. You can look at my previous comments regarding Tomypak. I have try to gather all available info. Hope it helps.

@moon81, you're right. It will credit into your account tomorrow morning.

Tomypak has announced two ESOS up-to-date:
1. 4,042,151 unit at RM 1.50 on 9 September 2016;
2. 135,000 unit at RM 1.47 on 18 January 2017;

81.17% of the allocated ESOS shares have been subscribed by eligible employees and directors for ESOS 1 since 8 December 2016;
35.56% of the allocated ESOS shares have been subscribed by eligible employees for ESOS 2 since 8 May 2017;

Total options outstanding up-to-date is 761,038 unit at RM 1.50 for ESOS 1 and 87,000 unit at RM 1.47 for ESOS 2.

Adjusted Net Profit on 2016 is around RM 18.33 million;
Adjusted Net Profit on 2017Q1 is around RM 6.26 million;

34% achievement up-to-date :)
Looking forward 2017Q2 financial report.

@ozzie75, perhaps can try to email to Mr Fool and bcc me :P

@ozzie75, give you a big Thumb Like ^.^ Really appreciate you to share all reliable information :) Thanks and feel free to discuss together.

Like Chinese said, "三个臭皮匠 胜过一个Mr Fool" :P

"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%. Export sales accounted for RM111.53 million representing 52.9% of total sales, whilst local sales accounted for the balance of RM99.41 million. "

No worry much regarding the share adjustment. Take it easy. I will slowly Top-up if it drop to certain level. At the time being, I will share whatever information regarding Tomypak that I find. It still around 19 months to hold :)

@hero666, If no mistaken, Tomypak export to Philippines, Singapore, Africa, Thailand, Myanmar, Brazil, Peru, etc.

@hero666, The fact is the revenue from export market (53%) contribute more than revenue from local market (47%)

Two major shareholders (Nestle and Ajinomoto) of Tomypak shown increase in revenue at their latest financial result:
Nestle:
For the first quarter ended 31 March 2017, the Group increased its revenue by 4.4% (+RM58 million) compared to Q1 2016. Both Domestic and Exports contributed to this good sales growth. The commendable domestic performance (+4.7%) was underpinned by strong marketing and promotional supports as well as the new base created by new products introduced in the last two years that continue to benefit the Group. The Exports, after the good turnaround in 2016 continue to deliver a solid performance in Q1 2017 (+3.6%).

Ajinomoto:
The Company recorded revenue of RM114.9 million in the current quarter compared to RM110.2 million in the corresponding quarter last year, an increase of 4.3% while operating profit was RM14.8 million as compared to RM9.2 million in the corresponding quarter last year. Increase in revenue was contributed by improved sales in both Consumer Business and Industrial Business segments. Increase in operating profit was due to higher revenue and lower advertising expenses.

I believe it will directly give positive impact on Tomypak expansion plan and give me confident to Top-up Tomypak as well :)

@Haha123456, You're most welcome. I just success Top-Up small quantity at 2.45 to enjoy upcoming 2 sen dividend + share split + bonus issue :)

"From dream to Reality" is Tomypak's slogan this year ^.^

@Haha123456, I believe the impact of share price due to ESOS listing is limited.

Tomypak has announced two ESOS up-to-date:
1. 4,042,151 unit at RM 1.50 on 9 September 2016;
2. 135,000 unit at RM 1.47 on 18 January 2017;

70.93% of the allocated ESOS shares have been subscribed by eligible employees and directors for ESOS 1 since 8 December 2016;
20.74% of the allocated ESOS shares have been subscribed by eligible employees for ESOS 2 since 8 May 2017;

Total options outstanding up-to-date is 1,174,873 unit at RM 1.50 for ESOS 1 and 107,000 unit at RM 1.47 for ESOS 2.

This ESOS scheme is an integral plan to retain and incentivize current employees and allows employees to have a sense of “ownership” and participation in the financial performance of the Tomypak Group.

The ESOS Scheme shall be in force for a duration of five (5) years from the Date of Commencement.

In addition, the issuance of the ESOS Options will have a dilutive effect on Tomypak Group’s EPS due to the increase in number of Tomypak Shares in issue.

Any future proceeds to be received by the Company from the exercise of the ESOS Options, the quantum of which is dependent on the actual number of ESOS Options exercised and the Exercise Price, are intended to be utilised for Tomypak Group’s working capital requirements.

The share price is UP from 1.60++ to 2.48 (since 9 December 2016).
It is normal profit taken activity by trader or employees to sell ESOS units.

I believe directors has exercise the ESOS Options and they still hold it up-to-date.

I have queue to Top-up Tomypak at small quantity anyway :)

@hero666, enjoy your reading :) I just email you. Thanks.

@hero666, I can email you if you want :) I believe it might be 2.52? After given 2 sen dividend, then it become RM 1 after bonus issue and share split :P Purely guess only. Long term gain anyway.

http://www.focusmalaysia.my/Markets/further-boost-for-tomypak-wa

I have done the comparison between Daiboci and Tomypak. Will try to write a summary when free later.

I study more on Tomypak and Daiboci so far. Both are same peer. I do for benchmarking purpose. If no mistaken, BP Plastic also high dividend yield stock.

Thanks, vinvestor. Very good information. Regarding 7 year master plan, is it refer to triple production? As far as I know, is double production within three years. Thanks a lot.

Anyone here has attend agm on 18 May 2017? Might to share? Can't find anyone share Tomypak agm so far.

Kim Yi Chia, you are most welcome. Feel free to share your insight regarding Tomypak new factory trip. I don't have chance to visit so far. I have share my opinion regarding the reason why CIMB give low TP. If everything run smooth, I believe PBT/PAT of first three quarter 2017 should equal to whole year PBT/PAT in 2016. PBT/PAT of 2017Q4 should consider as historical record high for Tomypak.

Thanks, ozzie75 and equitydiary :)

@Ndrew, sent :) Enjoy it.

I thought 2017Q2 should be from April to June. Now only end of May, already know the financial result?

I can email you If you want, Ndrew.

PBT or PAT? So fast done audit?