Posted by zen_2k > 2020-08-21 09:41 | Report Abuse

does masterpack focus on packaging food stuff thou? their revenue from food stuff decreased from 2018 to 2019

Posted by soonli > 2020-08-21 11:00 | Report Abuse

Yes. You can refer to their prospects in last QR. They mentioned that the increased in food deliveries and online shopping actually increased more packaging and they are the one to benefit.

This covid 19 will eventually make more ppl order for food delivery expecially during MCO period and online shopping.

Posted by bittergourd92 > 2020-08-21 15:41 | Report Abuse

QR earnings steadily go up and definitely even more during last quarter due to mco. This trend will last for a long time.

Posted by stockeater > 2020-08-21 16:56 | Report Abuse

next week TP 2.5-3.0 (after QR)

Posted by moguiyu > 2020-08-21 17:16 | Report Abuse

QR 3.14

Posted by EatCoconutCanWin > 2020-08-21 17:36 | Report Abuse

support supermax bungkus until sendiri pun bungkus..haha

Posted by xterrorsinx > 2020-08-21 17:38 | Report Abuse

Lol qr so bad. Next week jialat

Posted by birkincollector > 2020-08-21 17:39 | Report Abuse

below expectation

Posted by birkincollector > 2020-08-21 17:39 | Report Abuse

but chart seem ok...

Posted by Drsnazzy > 2020-08-21 17:45 | Report Abuse

how come so bad qr lol -

Posted by atmw81 > 2020-08-21 17:50 | Report Abuse

Lol.. who is the insider news said very good?

Posted by NewBie LIM > 2020-08-21 18:02 | Report Abuse

@soonli
where your news come from
lol
bad qr

Posted by Cheong88 > 2020-08-21 18:58 | Report Abuse

Agreed. Below expectation. But, not like very very bad either.

EPS: 3.14 sen
Let say the remaining 4 qr remain poor (as bad as during MCO time), it would be 12.56 sen.
With current price, PE around 16 (taking EPS of 12.56).

In prospects,
'Malaysia is still under the rules of the MCO albeit with much relaxed SOPs compared to the first two phases from 18 March 2020 to 9 June 2020. The communities have started getting back to their daily activities prior to the start of the MCO. The Group is able to operate and function without much disruption, orders from and deliveries to customers are slowly resuming as customers who were affected by lockdowns in other countries are slowly easing back to a new normal. '

Let see how market value it on monday.

Posted by VSLSB > 2020-08-21 19:07 | Report Abuse

Yes this will be interesting to watch. To be fair, MCO was in full swing this QR. Most companies had to work at 50% capacity to follow SOP.

Posted by Henry8833 > 2020-08-21 19:44 | Report Abuse

Many companies also report poor results due to MCO. As long as not loss should be ok. Petronas chemical dropped by 63% today dropped slightly only. Half year EPS = 3.14(Q2)+5.57(Q1) = 8.71 sen.

Posted by nicloh > 2020-08-21 20:02 | Report Abuse

Overall is acceptable result (atleast not report lost)

Main due to revenue drop during MCO (actually the profit margin % still there.)

The only one good news is atleast atleast,
company still able to chase back some collection from customers during MCO.
Cash in hand is increased.

Balance sheet,cash flow statement still looks super healthy,
NTA 2.0 vs current price consider not very big big risk.

Will still keep this stock and average down if got extra bullet, to observe until next QR.(if next QR still same then bye... business downturn)

Posted by iskandar5156 > 2020-08-21 20:06 | Report Abuse

henry..u are smart person..to be fair with masterpack we cannot expect big profit in time of pandamic..with current price of RM2.05 is already price in all the bad quarter..total cumulative EPS now is 31 sen and the new PE is 6.65x..really undervalue..if PE goes to 7.5x will translate into market price of RM2.33..an upside of 13.6% profit..better than 5% ASB dividend..maybe some correction next monday..but will fast recover..no worry..even tong portfolio also recognise the good prospect of masterpack..we will never lose if we have patient..

Posted by iskandar5156 > 2020-08-21 20:10 | Report Abuse

go and see krono..report low profit also in uptrend mode now..this can be good indicator market knows the current environment and look forward for future company prospect..

Posted by cheer76 > 2020-08-22 01:29 | Report Abuse

Pick up from Q report

B2. Prospect 2020
Malaysia is still under the rules of the MCO albeit with much relaxed SOPs compared to the first two
phases from 18 March 2020 to 9 June 2020. The communities have started getting back to their daily
activities prior to the start of the MCO. The Group is able to operate and function without much
disruption, orders from and deliveries to customers are slowly resuming as customers who were affected
by lockdowns in other countries are slowly easing back to a new normal.
The Group is fortunate to have built a strong financial standing over the last few years. Barring any
further unforeseen adverse circumstances, the Group is confident that it will be able to ride the pandemic
for this financial year.

Posted by cheer76 > 2020-08-22 01:29 | Report Abuse

Will continue to uptrend as share price run ahead Q

Posted by zen_2k > 2020-08-22 18:20 | Report Abuse

can consider to accumulate more if dip hehe

Posted by Winningpost > 2020-08-22 20:03 | Report Abuse

I think it will go up after some selling in the morning as expected
Packaging sector is among the beneficiaries of Covid19 new normal
and Master with its low capital base of 56mil there's a great opportunity to
declare a bonus issue.
Stay invested and stay tuned for positive rerating .

Posted by soonli > 2020-08-23 10:15 | Report Abuse

Net cash, low pe, high roe, uptrend.... Not too worry about this counter.

Just one qr bad due to MCO don't mean much. The fair value should be 2.50 above for this counter.

Their prospects for year 2020 also can see how confident the management can achieve a better year ahead. Q3 should be catching up after releasing of MCO.

Posted by cckiong > 2020-08-23 18:56 | Report Abuse

I agree. Master is a good company. Will hold tight to it and still can sleep soundly

Posted by RainT > 2020-08-24 09:16 | Report Abuse

funny is

MASTER allow to operate as essential during MCO

but the sales & profit still drop ?

also the export sales ?

cannot cover the loss of local sales during MCO ?

Posted by mamatede > 2020-08-24 09:28 | Report Abuse

Actually during the last quarter before mco, director already give warning on this quarter. Moving forward will be better. Master should increase product offering like food packaging etc. Like scgm even can boom to RM4

Posted by RainT > 2020-08-24 09:33 | Report Abuse

SCGM is packaging film (use resin, relate with oil)

MASTER is packaging paper (use waste paper)

think the cost structure & sales segment also different

Posted by littleboy12345 > 2020-08-24 09:47 | Report Abuse

@RainT Master can operate but their customer was closed due to MCO. even though they can operate, then there is no place can deliver their product which already mentioned in the quarter report. This is the reason y the sales drop.

Posted by Berrybelly > 2020-08-24 10:52 | Report Abuse

I think the fundamental is still there

net cash and EPS still strong, at least pretty sure wont die from this MCO

and is still a good sign MASTER still able to generate profit throughout MCO period.

But MASTER ah, you dare to write "confident that it will be able to ride the pandemic
for this financial year" ah, need to prove leh, if next QR still cannot then how ah, MASTER you got confident mou ? >:D

Posted by littleboy12345 > 2020-08-24 11:26 | Report Abuse

If can't meet then go to Holland.. Hahaha

Posted by atmw81 > 2020-08-24 12:28 | Report Abuse

Moved to Muda

Posted by mamatede > 2020-08-24 14:23 | Report Abuse

How hard to make packaging like SCGM i wonder? just buy the PP pellets and extrude those plastic packaging with those machines.

Regardless if each uses different raw materials. Both are involved in the packaging segment. At this time, SCGM products are more diverse compare to Master.

SCGM 194mil shares
Master 54 mil shares.

Hopefully Master can expand their products to grow.

Posted by Sunwong > 2020-08-24 15:39 | Report Abuse

bought at 1.88 & i believe is value buy

Posted by cutie > 2020-08-24 20:11 | Report Abuse

Nearly all companies will be reporting bad results this quarter...expected.... U are smart buying at 188.

Posted by soonli > 2020-08-24 20:18 | Report Abuse

1.85 strong support. Worst has been reflected and believe it will slowly rebound from.now onwards. Even based on today closing price 1.90 still not too bad, you may disappointed coz it down 15 cents, but don't forget it has gone up few days ady since 1.90++ and now just back to the same level few days back, nothing has changed except poorer QR being reflected on the pricing now. So from now onwards can slowly collect more for this good fundamental company.

Posted by Sohai Trader > 2020-08-25 15:03 | Report Abuse

Entered at 1.86 test water....

Posted by zen_2k > 2020-08-25 22:58 | Report Abuse

boarded ship at 1.85, hopefully will form support and grow slowly north again

Posted by Alvin Tan > 2020-08-26 14:55 | Report Abuse

1.80 now, what is your next action..lolz

Posted by Leong Wey Chyuan > 2020-08-26 17:37 | Report Abuse

Die cock

Posted by zen_2k > 2020-08-26 17:41 | Report Abuse

hold je if drop again might consider add another batch, def worth more than pe 6 if next qr comes out nice

Posted by cheer76 > 2020-08-27 13:47 | Report Abuse

Coming strong if tomorrow rebound again

Posted by cheer76 > 2020-08-27 13:47 | Report Abuse

Play inside BB

Posted by ACV2916 > 2020-09-06 21:51 | Report Abuse

Master's price was at RM3.02 before MCO, there is a great price upside once its business return to normal. Hopefully, its price will go back to RM3.00 by end of the end.

Posted by wangyu3n > 2020-09-07 16:39 | Report Abuse

https://youtu.be/iDQKBTZncfY Taiwan paper packaging company fly, Is time for Master liao, gogogo

Posted by Leong Wey Chyuan > 2020-09-08 11:23 | Report Abuse

Suddenly drop so much. Dafuq

Posted by ACV2916 > 2020-09-08 15:36 | Report Abuse

HK shares are rising.... but..

Posted by setia2u > 2020-09-08 20:09 | Report Abuse

Shhhh..... Just collect more as what you can! You will be rewarded handsomely soon .... by a foreign party in the same industry!!!

Posted by RainT > 2020-09-13 08:20 | Report Abuse

Buy more at 1.64

Posted by splendidkiller > 2020-09-22 18:17 | Report Abuse

So quite on this page recently, this counter had been dropping for a month now. Feeling quite despair. Not quite sure how long i should hold on this counter.

Posted by setia2u > 2020-09-22 20:27 | Report Abuse

Haha... the moment you sell it, it is the time it goes UP and UP!!! Please sell.