in every crisis there are opportunities . it is whether one sees it or not and seize the window. maybe short term disruption but it will bounce back. MNC clients need at least two printers. there is only Daibochi and TP listed cos. the company won't lose goodwill built over decades overnight.
The previous management run the company down. Used to be very profitable. The current management manage to burn it down to reset what the previous management did.
It’s just very weird that the fire happened on a Sunday & lunch time. Insurance company will fight all the way & try their best not to pay. Potential long legal battle with insurance company.
When you look at Tomypak 2023 performance, don't be misled by the high profits. This was due to a one-off insurance claims. Excluding these, on an operating level, its past decade returns is just abou the same as those of my reference packaging companies - New Toyo and Canone. I would not be excited by this stock from a fundamental perspective. For insights into New Toyo go to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26870
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....
FarmbesFlyer
290 posts
Posted by FarmbesFlyer > 2021-10-20 22:07 | Report Abuse
Maximum target price Rm 2!?