ORNA can't perform due to MUDA opened a new corrugated box factory in Melaka. There is sniff competition between them.
So left PPHB only. The price of raw material now even lower than third quarter, so I think the profit of PPHB should be very good in next quarter, maybe 6 sen.
Basing on no revenue growth and same EPS for the next 3 qtrs at PE of 8 the share price should be 0.44x8 =RM 3.52 by Nov20 This is a very conservative projection despite it being in an uptrend pattern for Revenue growth and EPS .
Master certainly can climb up much higher because no one argue with me in master thread.. I found very strange! It use to be tin of people againt me when my stock climb up. Master did another way round.. I found unbelievable!! Why?
“Nonetheless, the increasing e-commerce demand will lead to more spending and activities which will ultimately require more packaging services,” the analyst told TMR.
Among the companies expected to benefit from the e-commerce market, both locally and globally, are plastic packaging manufacturers Scientex Bhd and Thong Guan Industries Bhd, and paper packager Master-Pack Group Bhd.
Shares in these companies have already made significant gains this year, supported by strong corporate earnings and lower raw material costs.
Continued e-commerce growth is also providing a bullish outlook for the packaging industry despite lingering global trade risks.
The type of packaging product to be used, be it BOPP (biaxially oriented polypropylene) film or corrugated paper cartons, will depend on the use-case, costs and branding purposes, not to mention environmental considerations.
Packaging companies are only one segment of the economy to benefit from the expanding e-commerce market which is quickly establishing itself as an integral part of the Malaysian and global economies.
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....
pang72
51,542 posts
Posted by pang72 > 2019-11-29 17:16 | Report Abuse
Rm3. 00 next week....
....... Really laugh die me...