NTPM Holding's Premier entry in Vietnam STAR, Monday, 3 August 2015 By: DAVID TAN
NIBONG TEBAL: NTPM Holdings Bhd, the producer and brand owner of Premier tissue, is negotiating for a couple of orders worth about RM20mil per year for its new operations in Ho Chih Minh City, Vietnam.
Group managing director Lee See Jin told StarBiz that the orders were among the several business deals that the group were trying to seal for the new manufacturing entity in Vietnam.
“They are for monthly orders of 450 tonnes of tissue paper products to be consumed in the Vietnamese market, which is growing rapidly as the consumption level for tissue is still low.
“We expect to see orders rising in the next two months,” he said.
The new plant in Vietnam has the capacity to produce up to 1,000 tonnes of tissue products per month.
“Our actual production per month is 800 tonnes, running on one production line. There are plans to add another four production lines at the Vietnamese plant in the future.
“There are also plans to introduce personal care products such as sanitary napkins, diapers, wet wipes and facial cottons for the Vietnamese market,” he said.
Lee said the group had invested RM40mil to RM50mil in the Vietnamese operations, which would help it to grow about 3% a year in terms of revenue and bottom line.
NTPM currently has six plants in Malaysia – located in Penang, Parit Buntar in Perak, Bentong in Pahang, and Sabah – producing 220 tonnes of tissue products daily, of which about 30% are exported.
“Our maximum capacity is 330 tonnes daily.
“We still have room for expansion in Penang as the group has utilised only 60 acres of the 90 acres land bank in Nibong Tebal, where the present main plant is located,” Lee said.
NTPM rises as much as 4.86% on strong 1Q earnings By Surin Murugiah / theedgemarkets.com | September 14, 2015 : 9:51 AM MYT
KUALA LUMPUR (Sept 14): Shares of NTPM Holdings Bhd ( Valuation: 0.50, Fundamental: 1.10) jumped as much as 4.86% in early trade today after the company’s net profit soared 85% to RM12.92 million or 1.2 sen per share for the first quarter ended July 31, 2015, from RM7 million or 0.6 sen per share in the previous year.
At 9.31am, NTPM was up 4.17% or 3 sen to 75 sen with 163,00 shares done.
In its filing with the exchange, NTPM attributed the improvement in profit to higher sales, better margins and lower selling, distribution and operating cost.
Revenue for the quarter rose 8% to RM143.40 million, from RM132.24 million a year earlier, due to increase in sales of personal care products.
Segmentally, its paper products segment saw a 2% year-on-year increase in revenue to RM96.8 million, while pre-tax profit rose 47% to RM13.6 million, on higher margins.
Meanwhile, its personal care products segment posted a revenue of RM46.6 million, up 24% from RM37.6 million a year earlier, while net profit saw a significant increase to RM4.2 million, from RM500,000 in the previous year.
Already at 14-16x forward earnings, it is trading at slight premium to market P/Es. With poor stock liquidity, more downward risks ahead. No point buy nor accumulate with likely cut in dividends.
Use to be my favourite toilet paper. However since keep raising price to maintain high ROE decide to change to other cheaper brands eg Extra Nice, Tesco, etc.
NTPM IS NOW IN ACCELERATION MODE DUE TO 3 POWERFUL FACTORS:
1) THE BANNING OF PAPER RELATED PRODUCTS, BY SINGAPORE SUPERMARKETS,FROM INDONESIA DUE TO THE CHOKING DESTRUCTIVE YEARLY HAZE. ONE OF TOP SUPPLIERS TO SPORE IS NTPM FROM MALAYSIA.
NTPM NOW TO A PERMANENT STRUCTURAL WINDFALL
2) CUTIE TOILET ROLLS & BOTH ROYAL & PREMIER TISSUE PAPERS HAVE CAPTURED 70% OF THE MALAYSIAN MARKET. AND THE PRODUCTS ARE RECESSION PROOF.
3) AFTER TASTING SUCCESS NTPM IS NOW EXPANDING INTO THE BOOMING INDO CHINA REGION THROUGH VIETNAM WHERE IT HAS ALREADY SET UP A NEW FACTORY.
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....
ahbeng77
1,327 posts
Posted by ahbeng77 > 2015-04-03 09:24 | Report Abuse
Sales in pre-GST was excellent, i believe it will contribute a double digits growth for that month!