ORNAPAPER BHD

KLSE (MYR): ORNA (5065)

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Last Price

0.93

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


2 people like this.

1,395 comment(s). Last comment by SincereStock 2 months ago

Flash18

27 posts

Posted by Flash18 > 2020-01-02 08:47 | Report Abuse

eps increasing, value depleting. they dont want you to be here.

newbie911

1,111 posts

Posted by newbie911 > 2020-01-09 00:30 | Report Abuse

Panic selling?

Posted by Cockroach Paul Lee > 2020-01-10 00:20 | Report Abuse

Bought some 1.00/1.01... but avg still 1.07 lol

bclim_83

230 posts

Posted by bclim_83 > 2020-01-14 16:14 | Report Abuse

Ornapaper is 1 of the top 5 corrugated box manufacturers in Msia. To date, raw material prices (paper roll) has dropped to 52 week low. This will translate into higher margin and profit. EPS has improved since q1. Q1: 2.85, Q2: 3.15, Q3: 4.64. Q4 should be better with lower material price and higher consumer spending, esp from e commerce spending (11.11 and 12.12).

bclim_83

230 posts

Posted by bclim_83 > 2020-01-14 16:20 | Report Abuse

Based on producer price index by FRED, wood pulp price and related products has dropped to 10 year low

bclim_83

230 posts

Posted by bclim_83 > 2020-01-14 16:25 | Report Abuse

It has stable customer in Julie's biscuit as both has the same owner. And Julie's biscuit targets up to 20% growth in 2020. This will benefit ornapaper as well

Posted by Cockroach Paul Lee > 2020-01-16 01:08 | Report Abuse

nice info sharing bclim
Give you 10 likes

bclim_83

230 posts

Posted by bclim_83 > 2020-01-17 15:18 | Report Abuse

Oji is 1 of the largest competitors in malaysia for corrugated box and paper. Many years back they bought a company called HPI at the cost of rm 250 million. At that time HPI has 5 factories for corrugated box and 1 paper mill, about similar size as orna. Now orna market cap only valued at 80 million. It deserves much higher valuation

bonbon

181 posts

Posted by bonbon > 2020-01-24 11:12 | Report Abuse

Never move even its peers master and pphb have raised so much. Always in hibernation state.

bclim_83

230 posts

Posted by bclim_83 > 2020-02-09 16:31 | Report Abuse

Looking forward Q4 result. Among the peers, it is the cheapest with PE of 7, compared to industrial average PE of 10. Current share price provides good opportunity to accumulate with good safety margin and plenty of room for share appreciation. Cold eye has 1500k shares in it, bought at around current share price

Timinlcw

41 posts

Posted by Timinlcw > 2020-02-11 22:32 | Report Abuse

looking forward the coming result .......

Timinlcw

41 posts

Posted by Timinlcw > 2020-02-11 22:34 | Report Abuse

if board of director adjust the dividend policy , like 30% of nett profit give to shareholder , share price boost

bclim_83

230 posts

Posted by bclim_83 > 2020-02-15 09:02 | Report Abuse

Orna's current PE is 7.6. Master is 11 and PPHB is 10. The ppl who manage Master are not the substantial shareholders, Yayasan Bumiputera Pulau Pinang is d substantial shareholder. I prefer the management themselve are the substantial shareholders like orna, the management collectively owns more than 30% of share. PPHB has not been paying dividend since 2011. I prefer company that pays dividend regularly like orna, meaning the cashflow is good which is true in orna. It is a matter of time the company will be revalued at higher share price

koowakzai

251 posts

Posted by koowakzai > 2020-02-17 10:36 | Report Abuse

With this virus, packaging is booming. No human touch is allowed. Have to send by package. :)

Posted by PotentialGhost > 2020-02-17 12:14 | Report Abuse

Next pphb ? Excellent qtr results coming

paperplane

21,659 posts

Posted by paperplane > 2020-02-17 13:41 | Report Abuse

wah, not bad woh

Posted by lambotiger > 2020-02-17 13:43 | Report Abuse

What does the technical say about this stock? https://twitter.com/TTRSI7/status/1229279594143813633?s=20

GGLiang

33 posts

Posted by GGLiang > 2020-02-17 14:33 | Report Abuse

Limit up

koowakzai

251 posts

Posted by koowakzai > 2020-02-17 14:51 | Report Abuse

Will hold till reach PE 10. Currently still PE 8.6 with RM 1.23. Great upside. TP 1.4-1.5

member41

3,718 posts

Posted by member41 > 2020-02-19 15:03 | Report Abuse

126 gogogoog

Timinlcw

41 posts

Posted by Timinlcw > 2020-02-21 21:25 | Report Abuse

dividend is coming

moguiyu

155 posts

Posted by moguiyu > 2020-02-21 21:53 | Report Abuse

bonus is coming

Posted by thienthien > 2020-02-21 23:49 | Report Abuse

bonus issue anticipated

Posted by Cockroach Paul Lee > 2020-02-23 01:51 | Report Abuse

Bonus issues? 1:2 ?
Retained profits can give 1:1 maybe
Huat ah

Timinlcw

41 posts

Posted by Timinlcw > 2020-02-24 21:46 | Report Abuse

bonus issue ? confirmed ?

Timinlcw

41 posts

Posted by Timinlcw > 2020-02-25 18:35 | Report Abuse

result good to no friend ;)

gohkimhock

3,128 posts

Posted by gohkimhock > 2020-02-25 19:21 | Report Abuse

congrats to those who are still holding Orna..

bclim_83

230 posts

Posted by bclim_83 > 2020-02-25 19:59 | Report Abuse

Excellent result with EPS of 7.16. DPS also grows. Ppl start selling it when pphb reported lower profit. However, orna has diverse groups of customers, including paper industries, food, tobacco, furnitures, E&E and others. This might explain its steady income. Not2forget it has stable customer in Julie's biscuit which shares the common shareholder. Its factories also located at different areas in northen, central and southern regions to capture different market. PPHB only has foothold in penang. As i said before, i prefer it because the management owns more than 30% of share as opposed to MASTER where management is not the substantial shareholder and it consistently pays dividend as opposed to PPHB. Based on Fred PPI up to January this year, paper price has remained 10 year low. I believe next year ORNA will be able to perform well too. The company also mentions that it is cautiously optimistic of maintaining positive result for 2020

yip_8988

117 posts

Posted by yip_8988 > 2020-02-25 20:05 | Report Abuse

Next master pack?

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-25 20:46 | Report Abuse

Chase master

Posted by thienthien > 2020-02-25 20:52 | Report Abuse

price will shot up tomorrow, like 27/2/18, from 1.20 to 1.60

gohkimhock

3,128 posts

Posted by gohkimhock > 2020-02-26 09:14 | Report Abuse

If Orna don't limit up today, I m going to exit i3.

Posted by Sebastian Power > 2020-02-26 09:19 | Report Abuse

Ah Hock, you quit I will follow. Hahaha

GGLiang

33 posts

Posted by GGLiang > 2020-02-26 09:32 | Report Abuse

Wow.... finally a counter that react to good result

CharlesT

14,945 posts

Posted by CharlesT > 2020-02-26 09:36 | Report Abuse

Muda mari

lsyiat

82 posts

Posted by lsyiat > 2020-02-26 09:47 | Report Abuse

fair value should be rm1.77 if base on 10 PE

Posted by thienthien > 2020-02-26 09:50 | Report Abuse

MASTER PE 11.5 ORNA PE7.8 , still hv space

ramada

3,955 posts

Posted by ramada > 2020-02-26 09:54 | Report Abuse

I queue at RM1.20 but the lowest is RM1.21. So l get nothing.

ah_yee

44 posts

Posted by ah_yee > 2020-02-26 10:04 | Report Abuse

Orna is definitely undervalue compare with Master & pphb.

bclim_83

230 posts

Posted by bclim_83 > 2020-02-26 10:05 | Report Abuse

Be cautious if u plan to buy MUDA. MUDA is not a pure corrugated box manufacturer, it also involves in producing industrial paper. Currently, industrial paper price is low, so it may affect the profit of MUDA. In contrast to Orna, which is pure corrugated box producer. So if indutrial paper price low, it will increase its profit margin and earning due to low material price. Must do proper research and dun follow blindly

bclim_83

230 posts

Posted by bclim_83 > 2020-02-26 10:08 | Report Abuse

Orna is indeed very undervalued even at current price. At industrial PE of 10-12, it should worth rm 1.7 to rm 2.0. Business value wise, if based on the price OJI paid to buy HPI 10 years ago at around rm 250 million, then Orna should worth above rm 3

bclim_83

230 posts

Posted by bclim_83 > 2020-02-26 10:16 | Report Abuse

Master is valued at PE of 12, Orna only 7.8...

CharlesT

14,945 posts

Posted by CharlesT > 2020-02-26 10:22 | Report Abuse

Muda will post good Q result today or tmr then PE will be less than 10

CharlesT

14,945 posts

Posted by CharlesT > 2020-02-26 10:23 | Report Abuse

But Orna has small paid up capital easier to goreng...if u want it to fly like Master or PPHB then u need blessing fm OTB...lol

CharlesT

14,945 posts

Posted by CharlesT > 2020-02-26 10:26 | Report Abuse

Fm their previous pattern, see profit take profit masuk pocket dulu

ramada

3,955 posts

Posted by ramada > 2020-02-26 12:01 | Report Abuse

Bought at RM1.35.

pang72

51,506 posts

Posted by pang72 > 2020-02-26 12:34 | Report Abuse

Bought 1.38

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