Posted by jordanmaggie61 > 2018-04-12 10:09 | Report Abuse

I am still waiting for you

Posted by Redpeople > 2018-04-19 15:19 | Report Abuse

cheap cheap now.. waiting shark buy i follow

Posted by joeylim > 2018-04-23 16:21 | Report Abuse

all in

Posted by zhangliang > 2018-04-25 14:53 | Report Abuse

we like this one too!

Posted by deepseafisherman > 2018-04-26 19:02 | Report Abuse

Cold Eye is one of the largest shareholder in Orna, according to latest annual report

Posted by paperplane > 2018-04-30 14:56 | Report Abuse

yup
im buying more today

Posted by Icon8888 > 2018-04-30 17:42 | Report Abuse

RM108 mil market cap only, so small. very easy to push if results good. I ride with sifu paperplane

Posted by probability > 2018-05-01 20:41 | Report Abuse

Since the whole paper industry outside China is going to reap enormous benefit...

Orna has all the rights to get a chunk of the pie....if not a BIG CHUNK of the margin explosion - 50%!

it has proven to double its earnings (E) in a year.....

with the extremely bright future prospect ahead, why should the price (P) be any less than double?

minimum 100% gain awaits.

Posted by Dylan Tham Chee We > 2018-05-01 22:10 | Report Abuse

GG_Liang - Do you know how to check out Gohkimock picks?

Posted by gohkimhock > 2018-05-02 03:02 | Report Abuse

@Dylan, you can check it out here.

http://klse.i3investor.com/blogs/stock_pick_2018/155440.jsp

he is currently sitting on 11th, not that great though..

Posted by Dylan Tham Chee We > 2018-05-02 09:53 | Report Abuse

Thanks Mr.Goh

Posted by Icon8888 > 2018-05-02 21:07 | Report Abuse

https://klse.i3investor.com/blogs/icon8888/155598.jsp

Posted by VenFx > 2018-05-02 21:21 | Report Abuse

Since many sifus on board...
Need not hesitate, just hop in :)

Posted by mrinvestor12 > 2018-05-04 13:29 | Report Abuse

https://www.mrinvestor12.com/2017/12/ornapaper-berhad-from-corrugated-boxes.html

Posted by paperplane > 2018-05-07 20:48 | Report Abuse

Short term volatile....Buy more on weakness

Posted by Lau333 > 2018-05-14 19:35 | Report Abuse

Good to see ORNA back to 1.64. Now OCC price around 75, down 50% from a year ago....

Posted by Energiser > 2018-05-14 21:42 | Report Abuse

Master announced good results...hopefully good results as well for Muda and Orna.

Posted by paperplane > 2018-05-17 11:39 | Report Abuse

yup. should be consistent for muda and orna

Posted by paperplane > 2018-05-17 21:15 | Report Abuse

This stock consider very stable already.

Posted by watchful2 > 2018-05-22 09:39 | Report Abuse

Why this morning suddenly drop?

Posted by loonginv > 2018-05-22 12:27 | Report Abuse

all profit taking, will back in afternoon

Posted by probability > 2018-05-22 22:06 |

Post removed.Why?

Posted by probability > 2018-05-22 23:35 | Report Abuse

if upstream margins are to expand due to cheaper raw mat...what could possibly squeeze downstream margin?

at current margin and management optimism......

ORNA could be the safest bet.

Posted by probability > 2018-05-23 22:55 | Report Abuse

The Group is exposed to foreign currency risk primarily through sales and purchases of raw materials, i.e. paper rolls and machineries that were transacted in USD, SGD and EURO, as a result of strengthening of USD, SGD and EURO against RM. The Group does not practice any active hedging of foreign currency due to unpredictable fluctuation of foreign currency. The management of foreign currency risk is performed through closed monitoring of foreign currency movement with limited hedging through forward contracts and active cash flow planning by the Management.

In order to reduce the impact of foreign currency on the cost of paper packaging and paper based stationery products produced, the Group reduced its dependency on import of paper rolls from overseas by substituting the consumption requirements through local sources. However, it will still be depending on the availability of paper supply in Malaysia and overseas as a result of the global paper shortage encountered.

Posted by probability > 2018-05-23 23:00 | Report Abuse

The paper packaging division continued to form the mainstay of the Group’s business, demonstrated by its sales contribution of more than 90% of the Group’s total revenue in 2017. Electronic and electrical (“E&E”) industry, food and beverage (“F&B”) industry as well as furniture industry remained as the top three (3) sectors for the revenue generation of the Group, amounted to 43% of the Group’s sales in 2017.

The revenue growth was mainly driven by the increase in average selling price of corrugated boards and cartons boxes both by approximately 18% and 11% respectively from 2016 to 2017, as a result of the continuous cost pass-through efforts by the Group’s Sales and Marketing division in dealing with the increasing raw materials costs which was affected by both the limited supply of paper rolls and increasing demand of paper packaging and paper based stationery products, as well as the weak Ringgit Malaysia (“RM”) in terms of imports. Nonetheless, the improved product mix structure by improving the premium cartons’ contribution to the overall sales composition also contributed to the increase in average selling price.
Besides, the improved revenue in the current financial year was also partly contributed by the increased sales volume in 2017 secured from the new and existing customers albeit the weak business climate, resulting from the Group’s strategy not to overly dependent on one industry but diversifying its customer base to wide spectrum of industries to counter the seasonal and cyclical pattern of a particular industry. The increase in net sales volume from 2016 to 2017 by approximately 7.55% was observed mostly from the paper packaging division, from approximately 87,345 MT in 2016 to 93,940 MT in 2017.

Posted by probability > 2018-05-23 23:01 | Report Abuse

Cost of Goods Sold and Gross Profit Margin

Cost of goods sold recorded an increase by approximately RM 45.941 million or 20% from RM224.122 million for 2016 to RM 270.063 million for 2017, mainly contributed by the upsurge in paper costs in consequence of the paper shortage with increasing demand, as well as higher consumption of raw materials, labours and direct overheads expenses incurred in 2017 to accommodate the increase in sales volume during the year. Paper roll is accounted to be the highest cost component of both the paper packaging and paper based stationery products. The average purchase price of paper roll (per metric tonne (“MT”)) and the quantity of paper rolls consumed in 2017 increased by approximately 19% and 8% respectively compared to the previous financial year.
Despite the increase in cost of goods sold driven by the price hike and tight supply of raw materials, the gross profit margin of the Group remained relatively stable at 18% in 2017 compared to 2016, principally due to the improved plants’ capacity utilisation and efficiency to drive down unit manufacturing cost as well as continuous cost pass-through exercises by the Sales and Marketing Department of respective operating subsidiaries. The gross profit margin of the paper packaging and paper based stationery division were approximately 16% and 11% respectively in 2017.

Posted by UnicornP > 2018-05-26 17:06 | Report Abuse

Very illiquid.

Posted by LimKT > 2018-05-28 10:59 | Report Abuse

bought drop again.

Posted by LimKT > 2018-05-28 11:00 | Report Abuse

banyak susah la woi

Posted by ilovehits > 2018-05-28 17:24 | Report Abuse

Latest EPS 3.45sen. Previous 6.78sen.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5065

Posted by Flintstones > 2018-05-28 17:38 | Report Abuse

Die. Sell. Run.

Posted by tallman > 2018-05-28 18:20 | Report Abuse

1st Q is seasonally weak.

Posted by GG_Liang > 2018-05-28 18:29 | Report Abuse

A bit disappointing. But its not bad

Posted by Flintstones > 2018-05-28 18:40 | Report Abuse

Never trust i3 analyst prediction. Do your own homework. Or else apply 70% discount on any estimated eps done by i3 analysts

Posted by Jon Choivo > 2018-05-28 18:45 | Report Abuse

Probability,

Like i told you. IYI

Waiting for you to say give up hope, look for stock with better short term prospect.
======================================================================

Posted by probability > May 22, 2018 11:35 PM | Report Abuse

if upstream margins are to expand due to cheaper raw mat...what could possibly squeeze downstream margin?

at current margin and management optimism......

ORNA could be the safest bet.

Posted by weng > 2018-05-29 12:08 | Report Abuse

So do you have any better recommendations?

Posted by trulyinvest > 2018-05-29 13:58 | Report Abuse

Luckily I sold for contra gain. Scam counter

Posted by gogogogo > 2018-05-30 09:16 | Report Abuse

Gogogo phew

Posted by ITreeinvestor > 2018-05-30 09:24 | Report Abuse

Poor papeplane

Posted by paperplane > 2018-05-30 10:13 | Report Abuse

hehe....poor me

Posted by Lukesharewalker > 2018-05-30 10:57 | Report Abuse

fair value 1.00...limit down follow muda

Posted by 10211429460163829 > 2018-05-30 11:08 | Report Abuse

orna worth more than 1.00, expecting to fluctuate at 1.2~1.3. orna and muda different business models but interestingly orna movement always in parallel to muda..

Posted by Flintstones > 2018-05-30 11:42 | Report Abuse

Run!

Posted by greedy_bilis > 2018-05-30 13:29 | Report Abuse

Aduhhhh.... Die

Posted by GG_Liang > 2018-05-30 17:04 | Report Abuse

Its a good buy today. Growing company with bright future

Posted by Energiser > 2018-06-04 18:12 | Report Abuse

Muda and Orna still got dividends declared not yet ex date...still making profits but being sold down like loss making businesses.

Posted by godhand > 2018-06-05 10:08 | Report Abuse

buy some

Posted by GG_Liang > 2018-06-14 12:35 | Report Abuse

呵呵

Posted by Outstand > 2018-07-27 11:17 | Report Abuse

Focus more on muda

Posted by moguiyu > 2018-08-09 13:14 | Report Abuse

might be issue bonus.