BP PLASTICS HOLDING BHD

KLSE (MYR): BPPLAS (5100)

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Last Price

1.21

Today's Change

-0.01 (0.82%)

Day's Change

1.21 - 1.22

Trading Volume

14,000


2 people like this.

1,254 comment(s). Last comment by Pinky 1 week ago

ongmari

2,003 posts

Posted by ongmari > 2021-10-01 11:09 | Report Abuse

Base on bonus n free warrant, should easily pass 3 once date announced

ongmari

2,003 posts

Posted by ongmari > 2021-10-01 11:12 | Report Abuse

Directors are major holders, limited shares floating, any idea how much free float?

icecool

5,022 posts

Posted by icecool > 2021-10-01 11:13 | Report Abuse

gogogo

mariam

82 posts

Posted by mariam > 2021-10-01 12:26 | Report Abuse

a lot packaging in covid time

Mar2083

875 posts

Posted by Mar2083 > 2021-10-01 13:24 | Report Abuse

Limit up today

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-01 16:36 | Report Abuse

aiyooo...why so weak closing....many ikan bilis trapped liao...
hahaha

by2mie

89 posts

Posted by by2mie > 2021-10-01 17:40 | Report Abuse

Monday continue fly

Sardin

835 posts

Posted by Sardin > 2021-10-01 18:03 | Report Abuse

Look at the size of the fund that BPPlas is going to raise through the warrants. It is about the same size in term of the value of existing property, plant and equipment in total. Looks like BPPlas has a plan to double the output in long term plan and possible 50% expansion in short to mid term plan. So I guess business could be so good that massive expansion is required. Well, I could be wrong. I hope that someone who has more information is willing to share here.

Sardin

835 posts

Posted by Sardin > 2021-10-01 18:10 | Report Abuse

Technically, the chart shows that sellers have an upper hand, but there is strong support at RM 2.75 to RM 2.77. I guess the management has confident to pay higher dividends so that yield remains attractive at 4-5% after bonus issue to support the share price so that warrant will be still attractive. As such, I think following months the price have strong support at around RM 3 before bonus issue and RM 2 after bonus issue. Please share your thoughts also. Opposite opinion is welcome.

Sardin

835 posts

Posted by Sardin > 2021-10-01 18:13 | Report Abuse

Based on this understanding I think majority of existing shareholders are still in a comfortable position to decide either to stay or exit in weeks or months to come.

James Ng

2,704 posts

Posted by James Ng > 2021-10-03 19:26 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-10-03-story-h1591875197.jsp
[转贴] [Video:浅谈BP PLASTICS HOLDING BHD, BPPLAS, 5100] - James的股票投资James Share Investing

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-04 09:34 | Report Abuse

adiooo....below 2.70
Bonus Issue and Free Warrant not attractive enough.

ccpondan

36 posts

Posted by ccpondan > 2021-10-04 11:52 | Report Abuse

looks like a trapped of BI and WI

Sardin

835 posts

Posted by Sardin > 2021-10-04 15:42 | Report Abuse

I think 2.70 is a fair price. I believe annualized EPS 30 sen per year is achievable and sustainable. The warrant is to prevent some late joiners from buying cheap and partially because insiders have excessive cash to re-invest.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-04 16:32 | Report Abuse

Now....BI and Free Warrant announcement all are BULLshit.

Go check which company after announce BI and free Warrant share price rocket....

i won't be suprised if it drop back to rm2.50

ccpondan

36 posts

Posted by ccpondan > 2021-10-04 17:02 | Report Abuse

likes Myeg

Posted by yongleecheng > 2021-10-05 18:21 | Report Abuse

RM2.80

Samuelgold

184 posts

Posted by Samuelgold > 2021-10-06 08:51 | Report Abuse

Looking forward to break rm3.00

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-06 11:02 | Report Abuse

news dah announce...BI and free Warrant..
price factor in liao.

So any new News?
if not.....will be sideway until proposal BI and free Warrant confirmed...

Now, to see who got holding power.

Sardin

835 posts

Posted by Sardin > 2021-10-06 15:00 | Report Abuse

Looks like another wave of dumping

Sardin

835 posts

Posted by Sardin > 2021-10-06 16:36 | Report Abuse

It will be most terrible if it close at lowest today.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-06 20:03 | Report Abuse

News out...surely slowly dumping lo...
Having BI is not a bonus lo...

Many end up losing after BI even with free Warrant....
JFTech....after BI and free warrant...kaput
MyEg...alao same...kaput
and today
Unisem also kaput after BI....today.

So expected once near BI date...
there will selldown unless want to hold out for warrant freebies..

nowadays BI and free warrant is not attractive anymore.

carimakan

2,493 posts

Posted by carimakan > 2021-10-07 15:57 | Report Abuse

bila tarikh last untuk dpt bonos dn free warrant ye?

Sardin

835 posts

Posted by Sardin > 2021-10-07 16:54 | Report Abuse

Hi Carimakan, I think need to wait for a while. Need to apply and wait for Bursa to approve. Long process. The entitlement might be after the next quarter report if it takes more than 2 months.

Sardin

835 posts

Posted by Sardin > 2021-10-07 16:56 | Report Abuse

If next quarter earning is bad, then the bonus might be less attractive. If the result is very good, then the price might break RM 3.

Sardin

835 posts

Posted by Sardin > 2021-10-07 16:58 | Report Abuse

My guesstimate is that RM 3 could be the high side of the fair value.

Posted by yongleecheng > 2021-10-09 09:39 | Report Abuse

TP RM3.15

ongmari

2,003 posts

Posted by ongmari > 2021-10-11 12:46 | Report Abuse

warrant exer price at rm2...so warrant can fetch rm 1 easily

serbatipu

336 posts

Posted by serbatipu > 2021-10-12 21:38 | Report Abuse

Gg liao

VenFx

14,784 posts

Posted by VenFx > 2021-10-20 10:47 | Report Abuse

bery good to pick

Posted by Trade in Peace > 2021-10-27 21:45 | Report Abuse

Empty hand, be patient till sma it's bull in mid term
https://www.youtube.com/watch?v=6omF-5E76Pw

Aktan55

7 posts

Posted by Aktan55 > 2021-10-27 21:49 |

Post removed.Why?

ongmari

2,003 posts

Posted by ongmari > 2021-10-31 11:27 | Report Abuse

back to 3 ?

Posted by Want2MakeMoney > 2021-10-31 14:24 | Report Abuse

Hello Everyone, I bought BP Plas on 28 Sept when I saw the chart looks nice and FA also looks good - increasing QR result, still holding it despite it shot up to almost $3 on 1 Oct and came down subsequently. Last night I was comparing BP Plas with TGUAN, seems like not too bad also.

Anyone bought BP Plas instead of TGUAN with your analysis or reason to share ?

serbatipu

336 posts

Posted by serbatipu > 2021-10-31 22:40 | Report Abuse

Ready cash to collect cheap ticket tomorrow due to cukai makmur

Posted by MrRightMrLeft > 2021-11-01 13:26 | Report Abuse

Xde pun serbatipu..ko tipu ye :)

Brutus

313 posts

Posted by Brutus > 2021-11-01 13:59 | Report Abuse

Cukai Makmur in 2022 will not affect BPPLAS. FY21H1 baru only PBT 30M. If they duplicate same in FY21H2, the entire FY21 baru PBT 60M. Assuming they grow they PBT by 20% in 2022, baru only PBT 72M.

Posted by Want2MakeMoney > 2021-11-01 16:04 | Report Abuse

Added BPPLAS, I like it more than TGUAN

Brutus

313 posts

Posted by Brutus > 2021-11-01 17:22 | Report Abuse

@Want2MakeMoney, I went thru the same thought process as you. Finally decided on BPPLAS only as fundamentals and dividend yields are better than TGUAN when I evaluated them.

Posted by Want2MakeMoney > 2021-11-01 23:15 | Report Abuse

@Brutus Yes Revenue smaller than TGUAN, but zero borrowing, Net profit margin, Net Profit margin growth, Dividend Yield, EPS all better than TGUAN

NTA of TGUAN that I derived margin of safety is better than BPPLAS.

Overall, I have the same opinion has you, BPPLAS is better the TGUAN that I decided to add more today instead of buying TGUAN.

Let's see 3-6 months from now if this can do better, haha

Brutus

313 posts

Posted by Brutus > 2021-11-02 08:04 | Report Abuse

@Want2MakeMoney, revenue may be smaller but its EPS is way higher than TGUAN. This is the most convincing number! When I invested into BPPLAS, no IB covered this company, two months back Kenanga started to cover it. I like the low profile nature of this company.

ongmari

2,003 posts

Posted by ongmari > 2021-11-02 13:03 | Report Abuse

breaking next high soon

serbatipu

336 posts

Posted by serbatipu > 2021-11-02 13:23 | Report Abuse

Ya ka?

Samuelgold

184 posts

Posted by Samuelgold > 2021-11-03 10:08 | Report Abuse

i'm holding it since rm1.40

VenFx

14,784 posts

Posted by VenFx > 2021-11-03 10:13 | Report Abuse

Silent but excellently strong , waiting for its next catalyst ?

ongmari

2,003 posts

Posted by ongmari > 2021-11-03 12:40 | Report Abuse

stay and wait for next move

serbatipu

336 posts

Posted by serbatipu > 2021-11-03 18:36 | Report Abuse

Bursa approved, next EGM to vote or...?

Brutus

313 posts

Posted by Brutus > 2021-11-03 20:27 | Report Abuse

Notice is out to have EGM for shareholders to vote for the 1:2 Bonus Issue and 1:5 Warrants on 22/11.

ongmari

2,003 posts

Posted by ongmari > 2021-11-06 11:48 | Report Abuse

3.5

Samuelgold

184 posts

Posted by Samuelgold > 2021-11-08 12:43 | Report Abuse

wow 3.50, excited to hear it

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