Posted by omgimnoob > 2017-11-22 23:20 | Report Abuse

Daibochi takes advantage of Myanmar factory, gross margin is so-high! Tomypak has no factory in Myanmar... GG?

Posted by TrueInvestor90 > 2017-11-23 08:42 | Report Abuse

This counter need patient. Not goreng counter. Even if this qr is not good. I will add more. Patient will be reward

Posted by Qintian > 2017-11-23 17:35 | Report Abuse

this counter need to buy and go to sleep don't watch the monitor and next 10 years, ta-daaaaaaaa from 1000 become 1 million

Posted by pc_FA > 2017-11-23 18:18 | Report Abuse

QR is out. Let me have a read on it.

Posted by Christopher Toh > 2017-11-23 18:42 | Report Abuse

@。@

Posted by pc_FA > 2017-11-23 18:54 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5613577

Posted by Christopher Toh > 2017-11-23 19:11 | Report Abuse

高招.. 股息

Posted by hero666 > 2017-11-23 19:20 | Report Abuse

What 股息？

Posted by pc_FA > 2017-11-23 19:38 | Report Abuse

It don't grow much as expected. Despite increase at inventory and purchase/repair machine. The revenue generated still almost same as previous time when just operate old Tampoi factory.

Posted by pc_FA > 2017-11-23 19:40 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5613653

Posted by pc_FA > 2017-11-23 19:42 | Report Abuse

The Group recorded a higher profit after tax of RM13.40 million for the 9 months period end 30
September 2017 compared to profit after tax of RM12.11 million in the previous corresponding period.
The Group enjoyed lower effective tax rate for these 9 months as compared to the previous
corresponding 9 months due to higher reinvestment allowances in 2017 resulting from new investments
carried out by the Group to expand as well as upgrade its production efficiencies.

Posted by 3A0012 > 2017-11-23 20:01 | Report Abuse

so sad! the revenue no increase at all

Posted by ltg100y > 2017-11-23 21:09 | Report Abuse

we should aim for this "Nestle launches global procurement hub" . Hope Tomypak can get some orders from Nestle global procurement hub
https://www.thestar.com.my/business/business-news/2017/11/23/nestle-launches-global-procurement-hub/

Posted by pc_FA > 2017-11-23 21:32 | Report Abuse

I believe first batch of Tomypak expansion is aim for Nestle global procurement hub and Ajinomoto new products. Second and third batch might rely new or existing customers. Local market is grow while overseas market is drop. They might need work harder at overseas market.

Posted by Kin Wing > 2017-11-23 21:56 | Report Abuse

I have read through the latest 3rd q report, so not surprise on the result. I mentioned before that not to put much expectation on 3rd or even 4th q of FY 2017.

Reason being the old plant is/was going through realignment of its machinery, as stated in the annual report 2016. The realignment would be completed by year end 2017. While I’m not an mechanic expert or insider of Tomypak, I’m not sure how much time would it take to complete the realignment of the machinery in old plant, be it 1 week, 1 month or 1 quarter. The only indication from the management is that the realignment is expected to be completed by end of the year 2017, so worst case I assume by end of December 2017 then only completing the realignment.

During the realignment, there would be very likely a disruption on the old plant’s operation, hence the old plant production for existing order would be transferred to the new plant. I believe we’d only be able to see revenue growth after the completion of the realignment which would likely to happen earliest on the 4th q 2017 or even later on 1st q of 2018.

Second possible reason would be the additional capacity to be taken up by the largest client, i.e. Nestle which only has its third new global procurement centre commencing its operation on 3rd week of November 2017. I believe Tomypak’s revenue should move in tandem with the new order from Nestle amid the operation of its new globabl procurement centre in KL. Looking at other plastic packaging companies which have their financial results encountering a setback in the past few quarters due to challenging environment, I believe Tomypak is not doing too bad as its future prospect remain in tact.

By excluding one off expenses such as maintenance cost for the realignment, increase in depreciation (assuming depreciation only incurs in tandem with new sales), additional cylinder costs due to the adoption of new MFRS standard, these would render the 3rd quarter PBT to be RM5 million, which would be close to the 2nd quarter PBT. As reported in the quarter report, the management is still “optimistic that the Group’s overall performance going forward will be further improved”. I cross my finger that an increase of sales will be on its way soon, be it the 4th q 2017 or 1st q 2018. This is truly a long term investment, we need to be patience like an entrepreneur who is taking time to nurture his business and hope to reap a good profit in the long run.

Posted by pc_FA > 2017-11-23 22:09 | Report Abuse

Thanks, Kin Wing. I'm agree with your point. Glad can discuss and share all insight together.

Posted by 3A0012 > 2017-11-23 22:18 | Report Abuse

Thanks Kin Wing for your valuable sharing. I have crossed my finger for tomypak revenue!

Posted by pc_FA > 2017-11-23 22:20 | Report Abuse

Revenue per tonne was RM16,400 in 2015.
Revenue per tonne was RM16,437 in 2016.
Revenue per tonne was RM16,724 in 2017.
Slightly improvement at revenue per tonne.

Posted by ltg100y > 2017-11-23 22:24 | Report Abuse

The capacity installed in April'17 "may be" reflected in Q4 2017, additional capacity to be completed in Q1 2018, it looks like FY2018 result would be impressive.

Posted by pc_FA > 2017-11-23 22:25 | Report Abuse

With the completion of the new facility in Senai and refurbishment of the old Tampoi plant, and with
the installation and commissioning of new printing and laminating lines, a new film casting line and
other ancillary plant and equipment by the 1st Quarter 2018, the Board is optimistic that the Group’s
overall performance going forward will be further improved.
Barring unforeseen circumstances, the Board expects the Group to deliver a satisfactory set of results
for financial year 2017.

Posted by R40s > 2017-11-24 01:50 | Report Abuse

The Q3 results is a bit disappointing, but the management clearly explained in the QR that the decrease in profits were mainly due to decrease in gross margins, mainly due to an increase in cost of goods manufactured.

The increase in cost of goods manufactured was mainly attributed to:
i) Increase in depreciation by RM798,000 resulting from the commencement of operations at the new Senai plant;
ii) Increase in repairs and maintenance and other operating costs amounting to RM634,000 as a result of operating two separate locations as well as refurbishment of the old Tampoi plant;
iii) Increase in costs of cylinder expensed off at RM701,000 resulting from adoption of new MFRS 15 which resulted in an increase in earlier expensed off of cylinder as compared to Q3-2016; and
iv) Higher financial expenses of RM233,000 for the acquisition of new equipment.

Note that some of the above costs are not repetitive, or one-off expenses, so the Q3 profits could be better if not for such expenses...

Posted by R40s > 2017-11-24 02:10 | Report Abuse

Another "good news" is Nestle finally launched its Global Procurement Hub in Malaysia yesterday.

Tomypak has planned and timed their new Senai factory operation start-up and the old Tampoi factory refurbishment to be completed by next month, to crank up their productions just-in-time well aligned with Nestle's GPH commencement.

The Nestle Global Procurement Hubs will soon provide a big boost for demands of Tomypak's packaging materials, for all their markets globally...

Posted by R40s > 2017-11-24 02:25 | Report Abuse

Putting 2 and 2 together, I think Tomypak should have exciting years ahead starting from next Q or 2018 onwards.

Posted by hero666 > 2017-11-24 10:45 | Report Abuse

really disappointed with q3 performance .....................i saw the revenue, it was like..........facepalm still expecting around 70+-mil ............

Posted by pc_FA > 2017-11-24 11:36 | Report Abuse

Cheer it up. Tomypak is suit for long term investment. I do expect Q3 revenue will increase too. Anyway at least management spend money to repair and maintenance new and old factory. They still at the right path. Revenue definitely will increase once everything is On later.

Posted by omgimnoob > 2017-11-24 12:08 | Report Abuse

Hope it drop more to buy

Posted by hero666 > 2017-11-24 15:05 | Report Abuse

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=283648&bb=289014

MAYBANK Research report for Tomypak

Posted by pc_FA > 2017-11-24 15:10 | Report Abuse

Thanks, hero 666
Agree.
"Short-term pain for long-term gain"

Posted by Christopher Toh > 2017-11-26 13:09 | Report Abuse

我归类为长期股，留给子孙。。 XD

Posted by hero666 > 2017-11-28 10:49 | Report Abuse

One thing im glad abt tomypak is low vol trading and quiet low volatility, whole market red red red, tomypak can avoid hit for so long, smtg am really happy about

Posted by ozzie75 > 2017-11-28 12:13 | Report Abuse

@Kin Wing: Thanks for taking time to share your above written insight.

Posted by xanavi > 2017-12-05 19:12 | Report Abuse

@Kin Wing thank you so much for your effort for the info you wrote...i am holding tomypak shares a year ago and had been to AGM this year...i was quite impressed by the mgmt especially some comments regarding the company from Mr Lim and Mr Tan...of course...at the current market situation...i am more happy that tomypak share price still able to maintain...quite surprise though...hope to collect some WA at cheaper price but the force is strong...hehe..

Posted by Christopher Toh > 2017-12-06 21:01 | Report Abuse

Luckily I still can gain from Tomypak ... other counter lost ...

Posted by newbie 99 > 2017-12-07 17:39 | Report Abuse

Hold this counter 1 year already really worth it.

Posted by Christopher Toh > 2017-12-12 21:41 | Report Abuse

成长股

Posted by lordng94 > 2017-12-17 16:28 | Report Abuse

High PE stock.

Posted by omgimnoob > 2017-12-17 19:52 | Report Abuse

Faster drop

Posted by pc_FA > 2017-12-19 19:12 | Report Abuse

http://www.theplasticsexchange.com
Resin price drop recently from peak.
It might improve Tomypak profit margin.

Posted by pc_FA > 2017-12-20 00:27 | Report Abuse

https://www.plasticstoday.com/resin-pricing/weekly-resin-report-pe-prices-fall-further-pp-holds-firm/153498720757974

Posted by pc_FA > 2017-12-21 12:26 | Report Abuse

ESOS Announcement:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5644045

Posted by leslieroycarter > 2017-12-22 22:14 | Report Abuse

Esos 60 c .....the present price is considered way too steep... The difference nearly 49 c?

Posted by pc_FA > 2017-12-23 15:38 | Report Abuse

@leslieroycarter
Date of offer of the ESOS Options is on 9-Sep-16

Posted by ozzie75 > 2017-12-26 12:48 | Report Abuse

Any problem with that?

leslieroycarter Esos 60 c .....the present price is considered way too steep... The difference nearly 49 c?
22/12/2017 22:14

Posted by pc_FA > 2018-01-03 21:34 | Report Abuse

http://klse.i3investor.com/m/blog/TenMiles/143085.jsp

Posted by hero666 > 2018-01-05 10:57 | Report Abuse

sold all, bye guys! hope can see price movement in future and i buy back, changed to penta lately , do consider come over. Bye, its quiet a good ride in this counter.

Posted by R40s > 2018-01-05 11:30 | Report Abuse

Too early to exit, I'm buying more instead... :)

This year and next 2 years should see their expansion starting to bear fruits...

Posted by vinvestor > 2018-01-05 18:45 | Report Abuse

Take care hero666

Posted by pc_FA > 2018-01-11 12:44 | Report Abuse

@R40s, you are not alone :P

Posted by pc_FA > 2018-01-11 16:05 | Report Abuse

sleeping beauty ^.^

Posted by omgimnoob > 2018-01-11 16:41 | Report Abuse

Tomorrow never die business.