Posted by samchua1001 > 2017-08-23 10:39 | Report Abuse

@pc_FA good explain! thank you

Posted by samchua1001 > 2017-08-23 10:39 | Report Abuse

i m planning to buy more tomypak, when is the best day to buy it?

Posted by DarKLoRD888999 > 2017-08-23 10:53 | Report Abuse

before split is the best buy XD

Posted by DarKLoRD888999 > 2017-08-23 10:55 | Report Abuse

or you can ask GOD help you to pick a good day to in LOL

Posted by samchua1001 > 2017-08-23 11:09 | Report Abuse

ok！i go ask god hahahaha

Posted by pc_FA > 2017-08-23 11:30 | Report Abuse

@samchua1001, you can wait for upcoming QR result to decide.
Increase of resin price has affected Daiboci and SLP profit margin.
Both shown local sales increase too.

Most share holders here I believe buy before share split and bonus issue :)

Posted by samchua1001 > 2017-08-23 15:21 | Report Abuse

@pc_FA THANKS!

Posted by pc_FA > 2017-08-23 15:39 | Report Abuse

@samchua1001, I also wait for upcoming QR before further action :)

Posted by pc_FA > 2017-08-23 17:28 | Report Abuse

Mr Yong disposed all his Tomypak warrant share.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5523201

Posted by pc_FA > 2017-08-23 17:29 | Report Abuse

Let see what happens for his Tomypak mother share. Perhaps some change at Tomypak management soon.

Posted by pc_FA > 2017-08-23 17:30 | Report Abuse

Let see what happens for his Tomypak mother share. Perhaps some change at Tomypak management soon if he dispose his mother share too.

Posted by hero666 > 2017-08-23 17:34 | Report Abuse

@pc_FA , in your opinion does this meaning tomypak management is instability to goes on farther ? what do you think of the impact of mr.yong disposal on the company expansion or management ?

Posted by pc_FA > 2017-08-23 17:43 | Report Abuse

I believe Mr Yong just investor for Tomypak as well.
His background is more towards ICT industry.
Mr. Yong Kwet On was appointed as Non-Independent and Non-Executive Director of Tomypak Holdings Berhad on 18 November 2014.

I won't worry much for his disposal of Tomypak warrant as he no play main role for company management and expansion plan.
Eddie Lim is the key person instead.
It will be good if someone with similar flexible plastic packaging background replace him.

Mr Yong disposed all his warrant might affect trader/investor emotional at short term view as Mr Yong is largest shareholder in Tomypak.
I'm currently still waiting upcoming QR for further action.

Posted by Christopher Toh > 2017-08-23 21:23 | Report Abuse

Hi all, when can know the QR? TQ

Posted by R40s > 2017-08-24 14:21 | Report Abuse

Did you guys notice something strange about Mr. Yong Kwet On's warrants all were disposed at low prices? The last batch 3.5M warrants were sold at 27.5sen, but the market prices hardly went below 40sen since the share split... I think he sold in blocks in closed-market deals, average at about 30% below the prevailing open-market prices.

BIG question marks : Who did he sell to? and why he sold to the buyer at such low prices?

Posted by smartInvestor1 > 2017-08-24 14:25 | Report Abuse

From those info. I can predict that tomypak coming result sure not so good. Revenue might be so so, but profit sure drop a lot. Few reasons can make profit drop. So the best is holding cash before result come out in few days

Posted by pc_FA > 2017-08-24 14:31 | Report Abuse

@R40s,

The transaction is done through DBT. I have notice it through CIMB Itrade platform.
His warrant holding is too huge and I believe is hard to dispose at open market.
It might lead to market crash of Tomypak warrant or no enough buyer/retailer to "digest" his warrant.
That's why he sold to buyer at "discount price" through DBT.

Posted by pc_FA > 2017-08-24 14:45 | Report Abuse

@smartInvestor1, I do agree with you at some point. Hold cash before result out for further action.

"The first phase of the plant, which will add 6,000 tons in capacity, has started operation in the second quarter this year. "The additional capacity has been fully taken up by existing and new customers," said Tan, noting that changing consumer lifestyle has boosted demand for packed foods and beverages."

If refer Tomypak management latest interview on 11 Aug and Q1 prospect, I will expect around 20% increase in revenue but profit margin might drop to 10% due to higher resin price etc.
Local sales should increase but oversea sales to be confirm.

cautious optimism :D

Posted by Bird87 > 2017-08-25 12:34 | Report Abuse

bought @ rm q any opinion guys>?

Posted by Bird87 > 2017-08-25 12:34 | Report Abuse

RM 1

Posted by leslieroycarter > 2017-08-25 12:49 | Report Abuse

Yes keep cash for the rainy days ahead, seemed logical.

Posted by Kin Wing > 2017-08-25 16:35 | Report Abuse

Even though the new capacity of Tompak was fully taken up, I'm not sure if this happened in 2nd quarter or 3rd quarter. To be prudent, better this only happened in 3rd quarter.

Also after reading through the quarterly reports of several plastic packaging peers, their latest quarter results were in negative growth as compared to the previous quarter or the corresponding quarter in the previous year, such as Daibochi, BP Plastic, Thong Guan, SLP, etc. Even Eddie's holding in Johore Tin also recorded lower profit. All these probably due to the rising of material costs so their margin was squeeze. Tomypak may face the same factor.

So my guess is that don't put much hope at 2nd quarter, look at 3rd quarter which I hope Tomypak should deliver at least PAT RM8 million after taking into consideration of 30% growth in capacity along with reinvestment tax allowance. By then, the target price for the end of year 2017 should be RM1.30, assuming there is no bear correction in the stock market.

Posted by pc_FA > 2017-08-25 16:51 | Report Abuse

@Kin Wing, I'm agree with you. My concern for upcoming QR basically focus on Revenue, Non-current assets, Inventories, Cash and cash equivalents, Depreciation etc. 2017Q3 most probably would be the Best QR result as the new production line sure have reflect increase at Revenue and no more 1.59 million ESOS expense too. Share price movement won't be the main concern for sure. Most important is make sure the Growth of company.

Posted by kenken85 > 2017-08-25 19:02 | Report Abuse

pc_FA waiting for your comment on the latest result. haha. OVersea demand still low , seem like need wait longer for the new plants to deliver result. Queue at 0.95. haha

Posted by Kin Wing > 2017-08-25 19:31 | Report Abuse

Expected, new plant will start to contribute more in 3rd quarter of 2017

Posted by pc_FA > 2017-08-25 19:35 | Report Abuse

Report out.

Posted by pc_FA > 2017-08-25 19:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5527641

Posted by warren22 > 2017-08-25 19:38 | Report Abuse

eps wrong calculated? after saw bad result from nestle and apollo. I expect result not good from tomypaj. haha

Posted by hero666 > 2017-08-25 20:28 | Report Abuse

Monday flushing to toilet already...
pc_FA, what's your view? Appreciate your honesty

Posted by pc_FA > 2017-08-25 20:43 | Report Abuse

For the 3 months period ended 30 June 2017, the Group achieved a turnover of RM52.31 million
compared to RM56.82 million for the same period last year, a reduction of 7.93%. This was mainly
attributed to a reduction in demand from overseas customers in this quarter.
The Group recorded a lower pre-tax profit of RM4.11 million and profit after tax of RM4.06 million
against the pre-tax profit of RM6.57 million and profit after tax of RM5.12 million in the previous
corresponding period. These decrease were mainly due to:
a) reduction in the demand from overseas customers;
b) increase in raw materials cost;
c) additional depreciation cost incurred for the new plant in Senai.

Posted by pc_FA > 2017-08-25 20:45 | Report Abuse

For the 3 months period ended 30 June 2017, the Group achieved a turnover of RM52.31 million
compared to RM53.92 million for the preceding quarter, a marginal reduction of 2.98%. The Group
however reported a lower pre-tax profit of RM4.11 million and lower profit after tax of RM4.06 million
compared to a pre-tax profit of RM6.68 million and profit after tax of RM6.25 million in the preceding
quarter, a reduction of 38.4% and 35.09% respectively. These were mainly due to the following reasons:
a) reduction in the demand from overseas customers;
b) strengthening of Ringgit Malaysia against foreign currency which resulted in lower contribution
margin from overseas revenue; and
c) additional depreciation incurred in 2nd quarter arising from the commencement of operations of
the new plant.

Posted by pc_FA > 2017-08-25 20:46 | Report Abuse

Prospects
With the completion of the new plant and the successful commissioning of the first more advance and efficient new printing and lamination machines, the Group is in the midst of working with major existing customers and potential customers to qualify this new plant to service these customers. Upon the successful certification of this new production process, the Group expects the overall performance to improve.
Another three sets of advance and efficient machines are schedule to be delivered in the last quarter of 2017, which will be commissioned and ready for production towards the end of the first quarter of 2018.
The Group expects these machines to further improve the overall productivity and efficiency.
Barring unforeseen circumstances, the Board expects to deliver satisfactory results for the financial year ending 31 December 2017.

Posted by pc_FA > 2017-08-25 20:47 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5527673
Interim Dividend

TOMYPAK HOLDINGS BERHAD

EX-date 19 Sep 2017
Entitlement date 21 Sep 2017
Entitlement time 05:00 PM
Entitlement subject Interim Dividend
Entitlement description Tax exempt dividend of 0.8 sen per ordinary share
Period of interest payment to
Financial Year End 31 Dec 2017
Share transfer book & register of members will be 21 Sep 2017 to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM CORPORATE SERVICES (KL) SDN BHD
Lot 6.05, Level 6, KPMG Tower
8, First Avenue
Bandar Utama
47800Petaling Jaya
Tel:0377201188
Fax:0377201111
Payment date 02 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 21 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.008
Par Value (if applicable) 0.000

Posted by pc_FA > 2017-08-25 20:53 | Report Abuse

@warren22, I have the same feeling too. It seems like eps calculation is wrong. Weighted average number of ordinary shares in issue ('000) should be around 419 million etc. Let me clarify with Tomypak management.

Posted by 3A0012 > 2017-08-25 20:53 | Report Abuse

2nd quarter does not look good overall. The company's net cash position deteriorated.

Posted by warren22 > 2017-08-25 23:21 | Report Abuse

yup, after bonus and split. shares should increase. _ *

Posted by pc_FA > 2017-08-26 00:16 | Report Abuse

My point of view for 2017Q2:

Bad things:
1. Operating Margin drop to 8.27% (12.76% in 2017Q1) and Net Profit Margin drop to 7.77% (11.61% in 2017Q1);
2. Six months accumulative Revenue drop: 106.2 million in 2017 vs 108.1 million in 2016;
3. A reduction in demand from overseas customers;

Good things:
1. Six months ended Adjusted Net Profit increase: 10.3 million in 2017 vs 8.6 million in 2016;
2. Laminating equipment together with supporting ancillary equipment such as slitters had also been installed which reflect increase at "Property, plant and equipment";
3. Used in 3.9 million at operating activities vs Net cash from operating activities 16.3 million;
4. Six months ended Net cash used in investing activities is 16.1 million;
5. Six months ended Net cash for financing activities is 1.9 million;

Overall, I believe the decrease in Cash and bank balances should be used in Buy Inventories + Repayment of term loans + Expansion Plan expenses.
As compare the "CASH FLOWS FROM INVESTING ACTIVITIES (Drawdown of term loans + Net short term borrowings) + CASH FLOWS FROM FINANCING ACTIVITIES + Property, plant and equipment" between 2016Q2, 2016Q3 and 2016Q4 vs 2017Q1 and 2017Q2,
I believe Tomypak management might order new printing machine/lamination machine/advance and efficient machines.
The cost of increase one "production line/printing machine" might cost around RM 20 million - RM 30 million if I don't count wrong.

Obviously new production line don't contribute revenue for 2017Q2.
Increase of raw material price affect the profit margin etc.
But I can see the "demand" and I believe it has been fully taken up by existing and new customers as what Mr Tan said.
I will stick to my original plan which is top up if it drop further and hold till double capacity at least Dec 2018.
My target price for end of financial year 2017 still remain same as 1.20.

I'm still positive towards Tomypak expansion plan and new buyer of Mr Yong Tomypak warrant.
I believe Tomypak might authorize Share Buy Back if share price of Tomypak "drop to certain level".

I feel more relief after spend few hours to read through 2017Q2.
I might be wrong but this is what I interpret so far for 2017Q2. I will share more views once I free later.

Hope it helps for all Tomypak shareholders.
Feel free to share your opinions and correct me if I misinterpret something.

Posted by PASSIVESTOCK > 2017-08-26 14:16 | Report Abuse

Thanks you appreciate ur sharing @pc_FA

Posted by Bird87 > 2017-08-28 09:17 | Report Abuse

So still
Look good for long term ?

Posted by DarKLoRD888999 > 2017-08-28 09:36 | Report Abuse

sure

Posted by pc_FA > 2017-08-28 10:10 | Report Abuse

It is still look good for long term as you can company Buy more Inventory + CASH FLOWS FROM INVESTING ACTIVITIES (Drawdown of term loans + Net short term borrowings) + CASH FLOWS FROM FINANCING ACTIVITIES.

Posted by shpg22 > 2017-08-28 10:29 | Report Abuse

Current valuation on Tomypak is extremely expensive at PE 20. Why not just buy cheaper peers TGUAN at 9.8. No brainer. TGUAN is growing at much healthy pace.

Posted by pc_FA > 2017-08-28 10:39 | Report Abuse

PE won't be the factor for me to invest for a company. Most important still Growth of a company. I can't forecast the Growth of Tguan. Once Tomypak start to grow. EPS will up then PE will "reduce" indirectly. I believe they must be a reason behind how market decide PE of a company. No correct or wrong. Just see what you preferable :)

Posted by hero666 > 2017-08-28 11:08 | Report Abuse

@pc_FA, thank you so much for your sharing. I'm stay safe ,this week only have 3 trading day, rather wait next week see how it the goes, hopefully stay above the support line

Posted by pc_FA > 2017-08-28 11:20 | Report Abuse

@hero666, you are most welcome. I will share more if I find more useful info later :)

Posted by pc_FA > 2017-08-28 11:24 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/131031.jsp

Kenanga give a TP of 0.92
CIMB give a TP of 0.75

Posted by pc_FA > 2017-08-28 13:26 | Report Abuse

https://flbcnews.com/volume-moving-the-tape-for-tomypak-holdings-berhad-7285-kl/

Posted by 3A0012 > 2017-08-28 13:47 | Report Abuse

Hope Tomypak can break the deadlock of 50m+ sales per quarter in second half of 2017.

Posted by Bird87 > 2017-08-28 16:38 | Report Abuse

who here still will top up for more? hehe

Posted by pc_FA > 2017-08-28 16:54 | Report Abuse

"The weighted average is counted by the number of days started from the completion of corporate exercise………

So, for the 1st few months profit, will not be affected by the “increased no. of shares”……..

When come to next year (full year), you will see the 400 ++ million………"

Hope it helps for whoever got curious regarding "Weighted average number of ordinary shares in issue ('000)".