Posted by pc_FA > 2017-04-26 14:49 | Report Abuse

Kindly take note that "CIMB-PRINCIPAL SMALL CAP FUND" is no longer in the LIST OF TOP 30 SHAREHOLDERS AS AT 31 MARCH 2017. Don't have any institute investor is under "LIST OF TOP 30 SHAREHOLDERS AS AT 31 MARCH 2017" now :)

Posted by pc_FA > 2017-04-26 14:52 | Report Abuse

I have roughly read the latest annual report of Tomypak. I look forward toward its expansion plan. I believe it is bright future for all Tomypak share holders. 2017Q2 financial report should be historical high profit :)

Posted by leslieroycarter > 2017-04-26 15:37 | Report Abuse

Share split n bonus when will b approved? Buy 4 got 10 is my ans right?

Posted by hero666 > 2017-04-26 15:40 | Report Abuse

@pc_FA, as said :-
"Additional laminating equipment as well as a new CPP plant with the necessary ancillary equipment will be delivered and installed in this new facility towards the 4th Quarter of 2017. "

Can i say, to see the full impact of the total full production power is only to be reflect earliest by 1Q18 or 2Q18 ? Presumably market condition and demand consistently as current tide

Posted by pc_FA > 2017-04-26 15:44 | Report Abuse

@leslieroycarter
###Share split n bonus when will b approved? Buy 4 got 10 is my ans right?
Share holder will approve it on 18 May 2017 :) Correct. Buy 4 got 10.

Posted by hero666 > 2017-04-26 15:44 | Report Abuse

@pc_FA, 1Q17 when its going to be released ? Past records is around early June, or during AGM ? Coz im thinking whats are the things ahead in the timeline, AGM-Bonus&split then all the way hold for 2Q18, or 4Q18 to harvest this counter...
Any advise bro ?

Posted by pc_FA > 2017-04-26 15:53 | Report Abuse

@hero666
###Can i say, to see the full impact of the total full production power is only to be reflect earliest by 1Q18 or 2Q18 ? Presumably market condition and demand consistently as current tide.
Might to know what you refer to full impact (double production capacity or triple production capacity)?
As mentioned earlier by Tomypak management, they plan to double its production in 2018 and triple its production in 2021 (Depend customer's demand).

I will assume around 20-30% increase of production capacity annually.
I believe 2017Q2 financial result can slowly see the "impact" of new factory and expansion plan :)

"This new plant will commence commercial operation as of Q2-2017 and will also serve as the Tomypak Group’s new headquarters. A new printing line has been installed and commissioned, and a new laminating line is being installed. Both of these two machine will commence commercial operation in 2nd quarter of FY 2017. Other new printing and laminating lines, including other ancillary and supporting equipment will progressively be added over the next 24 months to double the capacity of Tomypak Group."

Posted by pc_FA > 2017-04-26 15:58 | Report Abuse

@hero666, 1Q17 should be release around 18 May 2017 also.
For share split and bonus issue, Once egm approved by share holder. It will take around two weeks to proceed. It should be before 5th June 2017 :) Exact entitlement date need wait for Bursa announcement.

Posted by hero666 > 2017-04-26 16:20 | Report Abuse

@pc_FA, cheers mate! Feel so confident having you around this counter, can resolve all of my doubts , thanks again !

Posted by pc_FA > 2017-04-26 16:22 | Report Abuse

@hero666, you are most welcome. Glad that we can learn together also. Feel free to share your opinion as well. Together we grow better :P

Posted by pc_FA > 2017-04-26 16:25 | Report Abuse

The total dividends paid and payable amounted to a RM12.1 million for FY 2016 (RM10.9 million or FY 2015) or 65.8% of its PAT, surpassing the Tomypak Group’s dividend policy of distributing at least 40% of the Tomypak Group’s net profit for the year to shareholders :)

Posted by koseng > 2017-04-26 17:40 | Report Abuse

pc_Fa y CIMB small Cap Fund left Tomypak if things getting better.

Posted by pc_FA > 2017-04-26 18:03 | Report Abuse

@koseng, this is what I believe regarding CIMB small cap fund left Tomypak.
CIMB don't look good regarding Tomypak expansion plan.

http://www.theedgemarkets.com/article/cimb-research-downgrades-tomypak-reduce-trims-target-rm184
http://www.thestar.com.my/business/business-news/2016/05/19/tomypak-skids-early-thursday-cimb-research-keeps-reduce-call/

However I have a different view with CIMB research team.
Let see how end of the year :)

Posted by koseng > 2017-04-26 18:21 | Report Abuse

Actually i hold Tomypak b4 right issue n price keep dropping. Almost fed up n intend to dispose. Due to quarterly dividen, make me think the Co cannot be so bad. When price begin to rise n last qtr turn green i expect bonus issue as shown on Tomypak history of 7 year per bonus issue. Now after reading yr effort in this counter ,, i add almost double my previous holding. Hope Tomy will perform.

Posted by pc_FA > 2017-04-26 19:14 | Report Abuse

@koseng, congratulation. I join Tomypak early February 2017. I slowly accumulate after reading through Tomypak financial report, annual report, management background etc. I'm confident towards its expansion plan as mentioned earlier. I believe you can see how new management team's effort to sustain and expand Tomypak growth. They also put effort to improve profit margin, increase the value to shareholders, improve speed and accuracy of generating relevant
information for costing, procurement, production planning and decision making etc. This year should be great achievements for Tomypak.

Posted by pc_FA > 2017-04-26 19:25 | Report Abuse

Management background and ability are what I concern before investing a company. Mr. Lim Hun Swee and TAN SRI DATO’ SERI ARSHAD BIN AYUB are the key person in Tomypak.

Tan Sri Dato’ Seri Arshad Bin Ayub is the Chairman and Independent Non-Executive Director of the Company since 10 March 1996. The following is the list of directorships:
Malayan Flour Mills Berhad - Chairman
Karex Berhad - Chairman
Kulim (M) Berhad - Director
Top Glove Corporation Berhad - Director

Mr. Lim has more than 20 years managerial experience in manufacturing, sales and marketing, having served as the founder cum Managing Director of In-Comix Food Industries Sdn. Bhd. Mr. Lim also sits on the Board of Director of Johore Tin Berhad.

All are well known and good company for long term investment :)

Posted by R40s > 2017-04-27 00:08 | Report Abuse

The share-split & bonus-issue will be completed by Early-June (if everything go smoothly) :

ESTIMATED TIMEFRAME FOR COMPLETION AND TENTATIVE TIMETABLE FOR IMPLEMENTATION

Barring any unforeseen circumstances, and subject to all required approvals being obtained, the
Board expects the Proposals to be completed by the 2nd quarter of calendar year 2017.

The tentative timetable for the implementation of the Proposals is set out below:

Month -- Events
18 May 2017 -- Convening of the EGM to obtain the approval of the shareholders of Tomypak
for the Proposals

End-May 2017 -- Announcement of the Entitlement Date for the Proposed Share Split and
Proposed Bonus Issue

Early-June 2017 -- • Entitlement Date of the Proposed Share Split and Proposed Bonus Issue
 • Listing of and quotation for the Subdivided Shares, Bonus Shares and
Additional Warrants on the Main Market of Bursa Securities
 • Completion of the Proposals

Posted by hero666 > 2017-04-27 11:45 | Report Abuse

@pc_FA, i always had lot and lots of hesitation between mother share and tomypak WA. WA rising chart and vol are always far far ahead of mother share, though exercise price 2.29 ! really cant figure out the reason behind of this WA running well, mother not.

Posted by ozzie75 > 2017-04-27 11:52 | Report Abuse

These articles are rather dated. Business conditions vary over time and I reckon they could be of reference value to a certain degree but not absolute indicators. Both articles seemed to have some 'slamming' attempt on Tomypak in favour of the same company, ie. Thong Guan.

Cheers.

pc_FA @koseng, this is what I believe regarding CIMB small cap fund left Tomypak.
CIMB don't look good regarding Tomypak expansion plan.

http://www.theedgemarkets.com/article/cimb-research-downgrades-tomypak-reduce-trims-target-rm184
http://www.thestar.com.my/business/business-news/2016/05/19/tomypak-skids-early-thursday-cimb-research-keeps-reduce-call/

However I have a different view with CIMB research team.
Let see how end of the year :)

26/04/2017 18:03

Posted by pc_FA > 2017-04-27 12:41 | Report Abuse

@hero666, below is what I think regarding share price performance of Tomypak and Tomypak Wa:
1. Shares Issued (166,432,398 vs 54,733,770);
2. Share price (2.25 vs 0.75);
3. Maturity Date of Wa is on Jun 21, 2021;

1 unit of Tomypak mother can buy around 3 unit of Tomypak Wa.
Shares issued of Tomypak is also around 3 times bigger than Tomypak Wa.
Wa still can trade for more than 4 years up-to-date.

"Cheaper" share price, "Lower" shares issued and long life span of Wa should explain why the Wa "running" better than mother.

Tomypak Wa is trade at 34.50% premium now.
I will interpret that Wa share holders also look positive about the expansion plan.
Higher premium % of Wa has price in the factor :)

Assume Tomypak successful triple production capacity in 2021 as plan. http://www.theedgemarkets.com/article/tomypak-triple-production-capacity
It is possible that Tomypak share price up to RM 6.00 (without consider up-coming share split and bonus issue) and Wa value will be around RM 3.71 (without consider up-coming share split and bonus issue).

It will be around 3 times of current Tomypak share price;
It will be around 5 times of current Tomypak Wa share price;

High risk High return for Wa :P

Anyway I will still prefer hold Mother to enjoy dividend yield and expose to lower risk :)
No any buy or sell call.
I just share what my opinion regarding your concern.
I might be wrong but I hope Tomypak management can help to make it come true ^.^

Posted by pc_FA > 2017-04-27 12:45 | Report Abuse

@ozzie75, I'm looking forward CIMB Research value Tomypak expansion plan this year :P

http://www.theedgemarkets.com/article/tomypak-triple-production-capacity
"We maintain our earnings per share forecasts and TP, based on a 40% discount to Daibochi’s 2017 13 times price-earnings ratio target. We are keeping this sizeable discount as we are still unsure about how the company managed to achieve its rapid profit margin recovery after the entry of a new major shareholder in the fourth quarter ended Dec 31, 2014. Switch to Thong Guan Industries Bhd. — CIMB Research, Dec 13"

Posted by koseng > 2017-04-27 13:23 | Report Abuse

Share split n bonus issue should be indicator of management confident in Tomypak future.Expansion serve as growth n management commitment to deliver value for investor. Many factor may affect the outcome. Anyway as pc_Fa had done a job in analysing most of the necessary factors in investing good Co,, y not. TQ pc_fa. Should ,,If u r wrong. It is ok. Remember Leyman Bros. They r 1000 times smarter then u,,,,yet collapse.

Posted by pc_FA > 2017-04-27 14:20 | Report Abuse

PROSPECTS

"Management have been evaluating sources for latest more high tech and efficient printing and laminating equipment to be added over the next two years to completely fill both Tampoi and Senai plants."

"With the completion of the new plant and the comprehensive realignment of both plants in addition to the upgrading of all supporting areas, Management expects that the performance of Tomypak Group will continue to improve with better performance in the immediate future."

Posted by pc_FA > 2017-04-27 14:29 | Report Abuse

@koseng, agree :) Looking forward 2017Q1 on 18 May 2017.

Crude Oil Price is around 32 USD on 2016Q1 vs 52 USD on 2017Q1; (increase cost of production)
USD to RM is around 4.2 on 2016Q1 vs 4.45 on 2017Q1; (better foreign exchange gain)

I will remain cautiously optimistic of the Group’s performance for the 2017Q1 financial result.

Posted by ozzie75 > 2017-04-27 15:14 | Report Abuse

Let's carry on sharing. No one is perfect, but with varying (genuine) views we could help each other navigate better, moving forward. :)

@ozzie75, I'm looking forward CIMB Research value Tomypak expansion plan this year :P

http://www.theedgemarkets.com/article/tomypak-triple-production-capacity
"We maintain our earnings per share forecasts and TP, based on a 40% discount to Daibochi’s 2017 13 times price-earnings ratio target. We are keeping this sizeable discount as we are still unsure about how the company managed to achieve its rapid profit margin recovery after the entry of a new major shareholder in the fourth quarter ended Dec 31, 2014. Switch to Thong Guan Industries Bhd. — CIMB Research, Dec 13"

27/04/2017 12:45

Posted by R40s > 2017-04-27 17:32 | Report Abuse

pc_FA, very good information on your comparison of Tomypak's Share vs WA. :-)

I have both shares and WA, here I try to give a stage-by-stage estimate to show that it's very worthwhile to hold WA because of it's higher upside potential if the expansions succeeded.


Stage-1 @ 2017 : New total capacity 24,960 tpy (tons per year) at 80% utilization rate (given by Company) or 19,970 tpy, compare to old factory's capacity 19,200 tpy at 70% utilized or 13,440 tpy, the expected new production will be 49% higher. With the new factory's more advanced machinery and production process has higher efficiency, less wastage, lower energy consumption, give better quality products, etc., we can conservatively assume 50% higher revenues and net profits. So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20). That means the WA should be about Rm1.00 if traded without premium. Since the Share/WA prices will still has a Leverage ratio of about 2:1, and maturity date still more than 3 years, it should trade with a premium, assume it will be 20% instead of 35% now, then the WA should be Rm(3.30*1.2 - 2.30) = Rm1.66. So the WA has 129% upside potential vs 50% upside for Shares, after Stage-1 has succeeded.

Stage-2 @ 2018: New total capacity 35,000 tpy (doubled capacity) at 70% utilization (assumed) or 24,500 tpy, compare to old factory's 13,440 tpy, production will be 82% higher. If we conservatively assume 82% higher revenues and profits, the EPS will increase 82%, if PER remain the same, the share price would rise by 82% to Rm4.00 (base on yesterday price Rm2.20). That means WA should be at least Rm1.70 if without premium. Since the Leverage ratio will still be about 2:1, and maturity date still more than 2-years, so it should trade with a premium, assume it will be 10%, then the WA should be Rm(4.00*1.1 - 2.30) = Rm2.10. So the WA has 190% upside vs 82% for Shares after Stage-2 has succeeded.

Stage-3 @ 2021: New total capacity 52,500 tpy (tripled capacity) at 70% utilization (assumed) or 36,750 tpy, compare to old factory's 13,440 tpy, production will be 173% higher. Conservatively assume 173% higher revenues and profits, the EPS will increase 173%, if PER remain the same, the share price would rise by 173% to Rm6.00 (base on yesterday price Rm2.20). That means WA should be Rm3.70 if zero premium. Since the Leverage ratio will only be about 1.5:1, and coming to maturity date, so it should trade without a premium, or even negative premium, assume it will be -5%, then the WA should be Rm(6.00*0.95 - 2.30) = Rm3.40. So the WA has 370% upside vs 173% for Shares after Stage-3 has succeeded.

But of course the WA has its disadvantages, if the share will give higher dividends inline with higher profits, WA lose out by xx sen per year for 4 years, maybe 40 to 60 sen in total if the new dividends will increase from 8sen/yr to 10-15 sen/yr...

Posted by pc_FA > 2017-04-27 18:10 | Report Abuse

@R40s, glad that can have a discussion with you regarding Tomypak and Tomypak warrant future outlook :) I do agree with what your explanation in detail. It makes sense to me. I believe upcoming financial result will prove it further. Net profit margin of Tomypak should increase to around 10% or higher after more advanced machinery installation and hard work by management's effort ^.^ I'm sure we can enjoy the Tomypak journey together with management team.

Posted by pc_FA > 2017-04-27 18:18 | Report Abuse

For newbie would like to join the Tomypak journey, I will advice can enter price based on Tomypak's management Share Buy-Back as a reference price. It is definitely a fundamental strong company for long term investment. At current price, it still look reasonable for me. Anyway invest at own risk and feel free to discuss if have any inquiry :)

We can't control or manipulate the share price of a company.
We can only invest rely on whatever information we get from Bursa Announcement of Tomypak :)

What we discuss above are assumed expansion plan success and everything is running smooth and follow schedule ^.^

However, we still have to bear in mind of any other unforeseen circumstances.

Cheer ^.^

Posted by ozzie75 > 2017-04-28 12:44 | Report Abuse

The share price of 3.30 would be rather remote with the impending bonus issue and share split. However, if it comes after both, all I can say is: Wow. :)

Thanks for all the sharing.

"Stage-1 @ 2017 : New total capacity 24,960 tpy (tons per year) at 80% utilization rate (given by Company) or 19,970 tpy, compare to old factory's capacity 19,200 tpy at 70% utilized or 13,440 tpy, the expected new production will be 49% higher. With the new factory's more advanced machinery and production process has higher efficiency, less wastage, lower energy consumption, give better quality products, etc., we can conservatively assume 50% higher revenues and net profits. So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20). That means the WA should be about Rm1.00 if traded without premium. Since the Share/WA prices will still has a Leverage ratio of about 2:1, and maturity date still more than 3 years, it should trade with a premium, assume it will be 20% instead of 35% now, then the WA should be Rm(3.30*1.2 - 2.30) = Rm1.66. So the WA has 129% upside potential vs 50% upside for Shares, after Stage-1 has succeeded."

Posted by R40s > 2017-04-30 15:46 | Report Abuse

@ ozzie75,

How I wish what you said Rm3.30 will happen after share-split & BI, that would make this stock become a super multi-bagger... :-D

Ok... jokes aside, in my post above I said, "... So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20)... "

For FY2016, the Company's Q4 report stated EPS 13.28 sen (based on weighted share base), so the PER is about 16.57 at Rm2.20. If the FY2017 EPS increased 50% to 19.92 sen, assume that the valuation would stay the same at PER 16.57, then the price should be increased to Rm19.92*16.57 or Rm3.30. Based on new share base after Share-split & BI, then the new price would be Rm3.30/2.5 = Rm1.32...

Posted by omgimnoob > 2017-05-01 08:26 | Report Abuse

After reading Tomy annual report, when will they save money on leasing of storage space? and just a hypothetical question, is there any paper packaging in oversea? will there be a change into more paper packaging and lesser plastic to be used in the future? Will our govt one day announced cut down plastic packaging, how will tomypak react to this? Can the heavily invested machine use for paper? Any expert in plastic industry can help to clear my trouble thought?

Posted by pc_FA > 2017-05-01 13:47 | Report Abuse

@omgimnoob, I believe it will effective FY 2017 onward.

"In addition, with a larger and better organised warehousing space supported by the improved infrastructure, the Tomypak Group will also be able to completely eliminate the need for external storage space currently leased from third parties due to a severe lack of space currently to store our inventory of raw materials and finished goods at the Tampoi factory."

"The realignment plan to improve the overall operational efficiencies of both plants are being finalised and will be rolled out progressively till the end of FY 2017."

Regarding paper packaging, you can try to email Tomypak IR regarding your concern or ask them during upcoming agm. As far as my understanding/experience, they quite helpful regarding investor's concern. I believe the new machine can't use for paper packaging. They have lots of existing paper packaging company in market also.

"The products manufactured and marketed by TFPSB are primarily for the food and beverage companies who use these printed, laminated and metalised packaging materials either in roll or bags form, to pack their final products such as sauces, seasoning, noodles, beverages, oil as well as snacks.

The main categories of products are generally divided into the following:
a) Foil, which generally are made for the sauce, seasoning, snacks and beverage products;
b) Metallised, which are made for the noodle, seasoning, beverage and oil products; and
c) General, which are primarily made for the noodle, oil, seasoning and beverage products."

Posted by pc_FA > 2017-05-01 23:06 | Report Abuse

For this FY 2016, the Tomypak Group registered slightly lower revenue of RM210.94 million against RM214.10 million achieved in the prior year, a marginal decrease of 1.5%.

However, major customers from local and export market are increase around 10% in 2016.
Demand from major customers increase should have positive impact on Tomypak expansion plan.

I believe Tomypak might lose some minor customers from local and oversea which more concerns regarding price rather than quality etc.

Posted by omgimnoob > 2017-05-02 08:46 | Report Abuse

Oh... Wahh.. Tq tq.

Posted by ozzie75 > 2017-05-02 14:15 | Report Abuse

Oh yeah. 3.30 is certainly a god-send if it comes. Certainly good to have. :)

R40s @ ozzie75,

How I wish what you said Rm3.30 will happen after share-split & BI, that would make this stock become a super multi-bagger... :-D

Ok... jokes aside, in my post above I said, "... So the EPS should increase 50%, and if PER valuation remain the same, the share price should rise by 50% to Rm3.30 (base on yesterday closing price Rm2.20)... "

For FY2016, the Company's Q4 report stated EPS 13.28 sen (based on weighted share base), so the PER is about 16.57 at Rm2.20. If the FY2017 EPS increased 50% to 19.92 sen, assume that the valuation would stay the same at PER 16.57, then the price should be increased to Rm19.92*16.57 or Rm3.30. Based on new share base after Share-split & BI, then the new price would be Rm3.30/2.5 = Rm1.32...

30/04/2017 15:46

Posted by R40s > 2017-05-02 17:38 | Report Abuse

Omigimnoob,

I am not a packaging expert, but I can try to give my 2 Sen's opinions on your concerns on paper packaging substitute and policy to reduce plastics usage.

For food & beverage packing, compare to high-grade plastics, papers may not be suitable because of it's higher air permeability, higher moisture absorption, lower oxidation resistance, etc., these would cause lower shelf lifespan, or even food degeneration into undesirable and harmful matters. Unless the paper is coated with extra layer(s) of materials such as plastics or heavy wax, etc., in that case, the cost would go higher, so better to use plastics or metalized plastics packing.

About policy to reduce plastic wastes, the problem is not the use of plastics, it's the problem of how to collect and recycle them to minimize environmental pollution. In the advanced nations, the collection system is quite established, the plastics collected can be reused for making other useful products, or use as feedstock for producing hydrocarbon fuels, etc.

The use of plastics is ever increasing in our modern lifestyle, and the plastic materials are evolving and improving, new plastics are produced, more and more plastics will be used in more areas, these cannot simply be replaced by papers...

Posted by pc_FA > 2017-05-02 18:05 | Report Abuse

@R40s, thanks a lot for your knowledge sharing. Give you a LIKE :)

Posted by R40s > 2017-05-02 20:21 | Report Abuse

pc_FA,

Thanks for your "Like"... :-)

I hope another forummer who is a packaging expert can comment or add more on this subject.

Posted by 8085208 > 2017-05-02 20:54 | Report Abuse

alert: engine is warming up, fly anytime

Posted by ccs999 > 2017-05-02 20:57 | Report Abuse

I wait until neck also long, market so good also x move

Posted by samchua1001 > 2017-05-02 21:50 | Report Abuse

ccs999 wat is ur buying price?

Posted by ccs999 > 2017-05-02 22:00 | Report Abuse

2.2

Posted by pc_FA > 2017-05-03 02:11 | Report Abuse

Below is the financial report of Nestle (Major customer of Tomypak)

“For the first quarter ended 31 March 2017, the Group increased its revenue by 4.4% (+RM58 million) compared to Q1 2016. Both Domestic and
Exports contributed to this good sales growth. The commendable domestic performance (+4.7%) was underpinned by strong marketing and
promotional supports as well as the new base created by new products introduced in the last two years that continue to benefit the Group. The Exports,
after the good turnaround in 2016 continue to deliver a solid performance in Q1 2017 (+3.6%).”

Both Domestic and Exports contributed to this good sales growth of Nestle should positive impact of Tomypak 2017Q1 result also.

Posted by samchua1001 > 2017-05-03 08:34 | Report Abuse

ccs999 not this stock no up...is up ady last time...

Posted by R40s > 2017-05-03 09:52 | Report Abuse

Calm before the Big Storm...!!!

Posted by ampabella > 2017-05-03 11:57 | Report Abuse

so near yet so far but still have to wait , wait , wait, Bursa is a waiting game, you cannot wait you bungkus

Posted by hero666 > 2017-05-03 15:44 | Report Abuse

@ampabella, this counter is a waiting game, testing holding. Not bursa lolz i bought dnex, it shot in very short term, depend on which counter lolz

Posted by R40s > 2017-05-03 22:25 | Report Abuse

I think the long wait will soon be over... The AGM/EGM in 2 more weeks time, the Q1/2017 report also in about 2 to 3 weeks time, and then the ex-date by end of May or early June, especially if the Q1 results is good, all these may help the stocks price to rise up...

Posted by R40s > 2017-05-03 22:38 | Report Abuse

The past few weeks seems like accumulation phase, the trading and closing prices fluctuate in very tight range at around Rm2.20+/-, and volume is tapering down, accumulation may be over soon...

Posted by hero666 > 2017-05-04 10:40 | Report Abuse

Not this week, definitely not today... probably after this bandar msia storm weather through first .... whole bunch of counter lapse this morning, bad day