Posted by Lau333 > 2018-02-26 20:51 | Report Abuse

Looks like most of the benefit flow through the paper mill first....Gross margin for manufacturing division improved 10.5% from 9.1% YoY and 4.1% QoQ. But revenue increase far more 32.3% YoY and 8.9% QoQ. Volume for paper milling up 13% and paper packaging 7% in FY 17


Quoted"...adversely affected by higher raw material cost for the industrial paper product and paper packaging especially in the first six months of the year. However, margin improved after July 2017"

Corrugating plant capacity expansion in Melaka and Johor are expected to come on stream in 3Q2018 and 4Q2018 respectively.

And no much one off things...

By all means, this is a blowout quarters!!!

Posted by joeinner > 2018-02-26 21:27 | Report Abuse

Wow..Up up up. Best result ever!

Posted by cooldownguy86 > 2018-02-26 21:29 | Report Abuse

Anyone know where to track OCC prices?

Posted by joeinner > 2018-02-26 21:39 | Report Abuse

Ask the scrap and waste collector

Posted by solaris80 > 2018-02-26 21:43 | Report Abuse

http://skyisthelimitskyisthelimit.blogspot.sg/search/label/Muda%20Holdings%20Bhd

Posted by solaris80 > 2018-02-26 21:45 | Report Abuse

Paper roll price supplied by Muda keep on increasing their selling price.

Posted by Ramada > 2018-02-26 22:00 | Report Abuse

BOXPAK is downstream player. Recently their QR showed they improved a lot though still in loss-making. It's very good sign for ORNA, MASTER and PPHB.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6297

Posted by Jamaica > 2018-02-26 22:03 | Report Abuse

So which counter should we chase tomorrow morning? Muda or Orna? Master or PPHB?

Posted by Jamaica > 2018-02-26 22:05 | Report Abuse

Let's focus on one counter only.

Posted by The_Reds > 2018-02-26 22:32 | Report Abuse

Muda will most likely gap up..just make sure u dun chase high

Posted by joeinner > 2018-02-26 22:40 | Report Abuse

Focus on muda only, high profit because if high paper price and low waste paper ICC price.

Posted by Jamaica > 2018-02-26 22:43 | Report Abuse

If tomorrow cannot buy at 1.35, l don't want buy anymore. Their borrowing too high.

Posted by Choon Soo Tan > 2018-02-26 23:11 | Report Abuse

Below rm1.40 stil can chase

Posted by fygj786 > 2018-02-27 02:36 | Report Abuse

Should hit 1.80(Price earnings ratio at 10) by next quarter assuming continuous growth in the industry. Closure of smaller paper mills will continue to increase the selling price and demand for larger players like Muda. Will enter starting from tmr as long as price below rm1.50 to yield 20% within 3 months

Posted by master_tan > 2018-02-27 07:38 | Report Abuse

history show next quarter earning should be on par with thie quarter result

Posted by The_Reds > 2018-02-27 09:11 | Report Abuse

wow..limit up!!!

Posted by Lau333 > 2018-02-27 09:23 | Report Abuse

Congratulation to all Investor in MUDA!

Posted by kkteng70 > 2018-02-27 09:34 | Report Abuse

engine just start

Posted by mmmc15 > 2018-02-27 09:52 | Report Abuse

OMG limit up!!!

Posted by nubiskubistrader > 2018-02-27 09:55 | Report Abuse

why no sell Q

Posted by bursa007 > 2018-02-27 10:07 | Report Abuse

dont chase anymore. let shark chase higher

Posted by bursa007 > 2018-02-27 10:10 | Report Abuse

dont chase high, still got other counter for you

Posted by monkeyinvestor > 2018-02-27 10:20 | Report Abuse

hahaha congrat who hold together

Posted by Ramada > 2018-02-27 10:32 | Report Abuse

l hold MUDA, ORNA and MASTER. Since today limit up, based on TA, it means tomorrow rally will continue for corrugated packaging stocks. Buy or sell or hold tightly, you decide it.

Posted by Tongkarat > 2018-02-27 12:27 | Report Abuse

Marvellous.... stay tuned...

Posted by hatson > 2018-02-27 14:24 | Report Abuse

Kesm is a good buy. Its outlook is very good after the recent AGM.CIMB's top pick. Its stock price is likely to surge after the next QR announcement. US semiconductor stocks have been very bullish.

Posted by radzi > 2018-02-27 14:26 | Report Abuse

P/E - 8.77. Normally, P.E around 17 - 30 is considered high. Can double this price ?

Posted by Tongkarat > 2018-02-27 14:54 | Report Abuse

Good prospect....

Posted by Ramada > 2018-02-27 15:05 | Report Abuse

There are 3 main keys why MUDA has recorded such robust result in final quarter. These main keys are cheap raw material prices, high selling prices & high demand.

This is old corrugated containers (OCC) which are raw materials for making paper rolls. Paper rolls are using for downstream players like ORNA to produce corrugated boxes.

http://cosmosgreenfze.com//wp-content/uploads/2017/10/OCC-Medium.jpg

OCC prices are dropped 30%-40% from 3rd2017 to 4th2017. Their raw materials are cheap, that means their costs are cheaper than previous quarter. But selling prices adjust upwards several times in 2017 due to high demand, especially from China.

http://www.paper.com.cn/news/daynews/2017/170803070250344970.htm

And what's the latest OCC prices now? Drop again, almost 25% from 4th2017 to Jan-Feb2018. It's very good sign for MUDA.

2017 data, old KLS (cardboard)
https://www.letsrecycle.com/prices/waste-paper/uk-domestic-mill-prices/2017-domestic-mill-prices/' target='_blank'>https://www.letsrecycle.com/prices/waste-paper/uk-domestic-mill-prices/2017-domestic-mill-prices/

2018 data, old KLS (cardboard)
https://www.letsrecycle.com/prices/waste-paper/

MUDA is the only one upstream player in Bursa which will be benefited the most from cheap raw material prices. Let’s see how downstream players can perform in this 1-2 days.

Posted by radzi > 2018-02-27 16:23 | Report Abuse

MUDA net asset per share is RM 3.16. Double the price ?

Posted by radzi > 2018-02-27 16:24 | Report Abuse

The problem - I could not get the share. Queue but dont get. When will they remove the limit-up barrier ?

Posted by monkeyinvestor > 2018-02-27 23:14 | Report Abuse

limit up meant u only can buy with higher price because the demand more than supply(everyone wanna buy in, limit share in market now)!

Posted by sklim > 2018-02-28 01:24 | Report Abuse

Still can buy in ?what TP ?

Posted by monkeyinvestor > 2018-02-28 09:03 | Report Abuse

above rm2.5

Posted by kakashit > 2018-02-28 09:30 | Report Abuse

顶呱呱，中国的治污染政策是造王者。

Posted by jason007 > 2018-02-28 09:38 | Report Abuse

good buy kakashit is right

Posted by tuapuikia > 2018-02-28 12:03 | Report Abuse

Up up up, still far from the best before

Posted by Secret > 2018-02-28 12:31 | Report Abuse

Let move up to 1.95

Posted by Liew SK Sky > 2018-02-28 12:35 | Report Abuse

Today have move up up up

Posted by Tongkarat > 2018-02-28 12:53 | Report Abuse

Stay tuned....more to come...

Posted by Tongkarat > 2018-02-28 13:32 | Report Abuse

Muda....young...alive and kicking

Posted by zenmaster > 2018-02-28 13:40 | Report Abuse

再增涨价函，巨头带纸价直追历史高点！

http://www.chinapaper.net/news/show-26257.html

Posted by ilovehits > 2018-02-28 14:37 | Report Abuse

All corrugated packaging stocks have released their results. The winner is MUDA in upstream and ORNA in downstream.

Posted by monkeyinvestor > 2018-02-28 14:42 | Report Abuse

tis limit up today

Posted by ilovehits > 2018-02-28 14:45 | Report Abuse

Limit up for today is RM2.19.

Posted by monkeyinvestor > 2018-02-28 14:46 | Report Abuse

i know taiwan now all ppl come out buy toilet paper!

Posted by monkeyinvestor > 2018-02-28 14:47 | Report Abuse

coz toilet paper going to upgrade their price 3times soon

Posted by Lukesharewalker > 2018-02-28 14:47 | Report Abuse

game over, distribution

Posted by Secret > 2018-02-28 14:48 | Report Abuse

Nice!

Posted by Secret > 2018-02-28 14:48 | Report Abuse

Sold other.Keep a little to watch limit up!