For the second half of FY18, corrugated packaging sales are expected to rise from September as customers begin to prepare for the Christmas season, coupled with higher trading sales in Singapore in preparation for the back-to-school period.
Following the recent completion of the paper mill expansion in Penang, Muda Holdings’ paper mills have a production capacity of 500,000 tonnes a year, while the group’s corrugating plant capacity is expected to increase to 270,000 tonnes a year upon the completion of the two machines in Melaka and Johor Baru, which will then raise its market share in the paper packaging industry in Malaysia to as much as 28% from 13%, said Lim. 05/01/2019 08:31
Oct-Dec'18 earnings will be good and almost certain to be higher QoQ and YoY. This is because waste paper cost remains low, finished product selling price remains high, and Q4 is seasonally strongest quarter for Muda. What Paperplane claimed above is true, RM3 is very possible after the Q4 earnings result.
Muda will report fantastic earnings result for its Oct-Dec'18 quarter. The waster paper cost remains low and finished goods product price is still high. In addition, Oct-Dec is seasonally strong quarter for Muda's trading segment. Mark my words.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
weiiii
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Posted by weiiii > 2019-01-05 08:08 | Report Abuse
Anyone know where can we check the wastepaper price or index in Malaysia? Thanks