Posted by rojakmee > 2018-07-23 22:53 | Report Abuse

I have seen many cheapskate like flysmart in I3 there are everywhere, making a living by creating negativity for just small sum, pity him need to support wife and kids that way.

Posted by AhSeng > 2018-07-23 23:27 | Report Abuse

Talk one talk two. Talk shit flysmart

Posted by rojakmee > 2018-07-24 10:58 | Report Abuse

back to rm2.90 soon, me just added some today

Posted by Yael Jasper > 2018-07-24 11:00 | Report Abuse

Profit keep going !!!

Posted by Icon66 > 2018-07-24 11:02 | Report Abuse

Ya trust muda will fly soon

Posted by Outstand > 2018-07-24 11:08 | Report Abuse

Buy buy muda soon will fly

Posted by Kiryu88 > 2018-07-24 11:25 | Report Abuse

i love flysmart, always appear MUDA sure UP ! thumbs up

Posted by Outstand > 2018-07-24 11:35 | Report Abuse

Haha appreciate flysmart

Posted by The_Reds > 2018-07-24 12:22 | Report Abuse

the young MUDA is back!!!

Posted by Stockmasteryy > 2018-07-24 12:23 | Report Abuse

Muda is getting young buy before it fly

Posted by rojakmee > 2018-07-24 13:17 | Report Abuse

TP 3.50

Posted by Stockmasteryy > 2018-07-24 16:51 | Report Abuse

Muda will bck to 2.9 soon

Posted by Stockmasteryy > 2018-07-24 16:51 | Report Abuse

But my tp 4

Posted by The_Reds > 2018-07-24 19:38 | Report Abuse

with next 3 strong QR, TP 3 is achievable for financial year 2018

Posted by Icon66 > 2018-07-24 22:32 | Report Abuse

Buy and hold will see muda getting uptrend

Posted by Lim Tek Wai > 2018-07-25 11:08 | Report Abuse

worth to buy !

Posted by Mudaguy > 2018-07-25 11:09 | Report Abuse

http://www.chinapaper.net/mobile/21-0-28339-1.html

Posted by Upup168 > 2018-07-25 13:04 | Report Abuse

collect... retest 1.95 then up to 2.00, then 2.13.

Posted by Stockmasteryy > 2018-07-25 13:19 | Report Abuse

Ya just buy and hold for high return

Posted by AhSeng > 2018-07-25 14:37 | Report Abuse

Maybe Friday can touch 2.00

Posted by Outstand > 2018-07-25 15:46 | Report Abuse

Once break 2 then will keep increasing

Posted by Outstand > 2018-07-26 11:05 | Report Abuse

Now low again why don’t get more

Posted by BillionC > 2018-07-26 16:24 | Report Abuse

Yes collect more b4 move again

Posted by rojakmee > 2018-07-26 18:44 | Report Abuse

https://m.thegrocer.co.uk/563969.article?mobilesite=enabled

Posted by rojakmee > 2018-07-26 19:37 | Report Abuse

https://asia.nikkei.com/Business/Companies/Oji-s-quarterly-profit-doubles-on-global-pulp-shortage

Posted by rojakmee > 2018-07-26 20:48 | Report Abuse

https://markets.businessinsider.com/news/stocks/kapstone-reports-second-quarter-results-1027400525

Posted by Mudaguy > 2018-07-26 21:23 | Report Abuse

Good result,pe between 18-30

Posted by Icon66 > 2018-07-27 11:22 | Report Abuse

Believe in MY paper industry will just like other countries paper industry will fly

Posted by Icon66 > 2018-07-30 15:08 | Report Abuse

https://www.facebook.com/8TV.NEWS/videos/2198785283482435/

Posted by Icon66 > 2018-07-30 15:09 | Report Abuse

There limited paper supply in the industry and price of paper increased rapidly

Posted by bluelight > 2018-07-30 17:04 | Report Abuse

But share price lag behind

Posted by Icon66 > 2018-07-30 19:52 | Report Abuse

Just current, will fly in long term

Posted by BillionC > 2018-07-31 11:33 | Report Abuse

Buy more for 1.80...fly soon to 2....the Q2 report is good

Posted by Yael Jasper > 2018-07-31 12:37 | Report Abuse

Never regret to buy this nicee

Posted by Stockmasteryy > 2018-07-31 12:40 | Report Abuse

2 soon

Posted by milodrinker > 2018-07-31 15:48 | Report Abuse

oh man, wat is happening

Posted by Kiryu88 > 2018-07-31 18:24 | Report Abuse

stuck,jam

Posted by rojakmee > 2018-08-01 13:46 | Report Abuse

Waste paper cost in China 2700 yuan that’s 2700*0.6=RM1620 while selling price of corrugated paper in China average 4400 yuan and that’s is 4400*0.6=rm2640 , the difference between corrugated paper and waste paper is RM2640-RM1620=RM1020

The RM1020 above consist of profit element and processing cost to convert waste paper to corrugated paper per tonne in China.

Now we look at Muda, their waste paper is 30% imported at RM350 to RM450 per tonne and 70% Locally at RM650 per tonne, so their cost average is (350+450)/2*0.3=RM120 and 0.7*RM650=RM455 giving average cost of RM120+RM455=RM575 (This is the waste paper cost for Muda)

Cost of conversion from waste paper to corrugated paper is about RM1020 (we assumed the RM1020 above is all cost and does not include profit element) so the cost of Muda to process waste paper to corrugated paper is RM575+RM1020=RM1595

Muda capacity from their website is 500k tonne and per qtr. is 125k tonne, if we assume the selling price is RM2450 (which is RM190 less than the price in China) , the margin per tonne is RM2450-RM1595=RM855 multiplies by 125k tonne per qtr. is 106.875Million gross margin per qtr.
If you look at the recent qtr. report, their below gross margin cost is about RM48Million (fixed cost/administrative cost)

Therefore the profit before tax would be about RM106.875-RM48=58.875Million (should be higher profit since I have reduced the selling price by RM190 and processing cost of RM1020 should be lower because of profit element) that’s 58.875/305=EPS of about 19 cents per qtr.

Muda has RM1045 per tonne waste paper cost advantage, If Muda don’t report this EPS, don’t know what to say.

Posted by Icon66 > 2018-08-01 14:53 | Report Abuse

Before Q2 release there will be a huge volume come in due to the good QR of muda

Posted by rojakmee > 2018-08-01 16:59 | Report Abuse

http://www.chinapaper.net/news/show-28438.html

Posted by kaninama > 2018-08-01 19:27 | Report Abuse

Counter being manipulated by trader...Keep collecting....Going to shoot up once finish collecting..

Posted by rojakmee > 2018-08-01 20:52 | Report Abuse

http://www.proactiveinvestors.co.uk/companies/news/202014/smurfit-kappa-tops-ftse-100-gainers-after-irish-corrugated-packaging-firm-sees-first-half-profit-jump-202014.html

Posted by Kiryu88 > 2018-08-02 10:23 | Report Abuse

wow...keep going down

Posted by rojakmee > 2018-08-02 11:11 | Report Abuse

Oji holding reported 300% increased in qtr profit and share price jump 7% today

Posted by rojakmee > 2018-08-02 11:12 | Report Abuse

https://www.google.com/search?source=hp&ei=enZiW5qAOY3c9QO26pvICg&q=oji+share+price&oq=oji+share&gs_l=mobile-gws-wiz-hp.1.0.35i39j0i22i30l3.1157.3872..5518...1.0...139.997.2j7......0....1.......5..0j0i67j46i10j0i22i10i30.Lf4S3CaiIJs

Posted by rojakmee > 2018-08-02 11:45 | Report Abuse

TP rm3.5 still on

Posted by Icon66 > 2018-08-02 15:06 | Report Abuse

Tp 4 onz

Posted by Outstand > 2018-08-02 16:35 | Report Abuse

Should buy at low don’t buy it after high price

Posted by milodrinker > 2018-08-03 09:18 | Report Abuse

When is the next quarter will be released

Posted by Yael Jasper > 2018-08-03 09:54 | Report Abuse

Profit is real