Posted by lloydlim > 2020-07-11 13:12 | Report Abuse

F&B producers, who are clients of Tomypak, were concerned of the need to ramp up supply and have placed more orders for packaging.

Posted by Dangel > 2020-07-12 14:06 | Report Abuse

Turnaround story in the making!

Posted by Davidl > 2020-07-13 12:49 | Report Abuse

Dark horse!

Posted by bursabull > 2020-07-13 13:25 | Report Abuse

Tomypak sees rising demand from local F&B

Saturday, 11 Jul 2020

Beneficiary: The company has big names, including Nestle, as its customers.

https://www.thestar.com.my/subscribe/?p=trial&cx_testId=5&cx_testVariant=cx_16&cx_artPos=0&cx_productId=8nemxqativil&ru=HNQ8Auw31qgZZU47ZjHUhHKJStkK3H51/pPcFdJ1gQ9cFgPiSalasDvF6DeumuZwBnYnqxiI5GopDa7LSpNm8Cx4vepC38RN83PisDFsAtfmksMx44zz5pJ9l+QEoz8JFr8GzXfM3N7JkyO6m20gSNYze+Ll3y8H8QNGPHct9a955iTEqQ2t9zdstd9X9/I0WFTQ231/1UPjWcPaVSG4djrWTMOktGfxPUkQcXgwo7r3GaHHVvaWrbZzomNEeE2PUNUPl+EN3MaNJurQPE0/5A==#cxrecs_s

Posted by bursabull > 2020-07-13 14:12 | Report Abuse

Eddie Lim eyes bigger stake in Tomypak

The low-profile entrepreneur is a hands-on businessman who knows exactly what he wants and puts his shoulder to the wheel to achieve it.

Over the past eight months, the 67-year-old Singaporean has been actively raising his stake in Tomypak Holdings Bhd even as he has been divesting his shares in Johore Tin Bhd, both of which are Johor-based companies.

Posted by DarKLoRD888999 > 2020-07-13 15:34 | Report Abuse

Saw? It's a PRANK....... hahahahaha

Posted by bursabull > 2020-07-13 16:03 | Report Abuse

Russia first nation to successfully complete human trials of coronavirus COVID-19 vaccine

Jul 12, 2020, 21:34 PM

https://zeenews.india.com/world/russia-first-nation-to-successfully-complete-human-trials-of-coronavirus-covid-19-vaccine-2295317.html/amp

Posted by bursabull > 2020-07-13 16:05 | Report Abuse

The prospects now do look brighter, explains Tomypak executive director of finance and corporate affairs Tan See Yin.

“The trend of consuming more packed goods is expected to continue until a vaccine or cure for Covid-19 is developed."

Posted by lloydlim > 2020-07-13 17:29 | Report Abuse

Beware of price correction!

Posted by W16Y > 2020-07-14 10:43 | Report Abuse

When Human needEd Gloves & Mask , F&B needed flexible packaging . Demand surged , they have ready additional capacity to deliver the orders.
While other companies in the region have problem running their operation during the pandemic.

Posted by Davidl > 2020-07-14 11:44 | Report Abuse

Market needs a healthy correction!

Posted by lloydlim > 2020-07-14 16:54 | Report Abuse

Price correction towards 0.50!

Posted by mf > 2020-07-19 13:09 | Report Abuse

Texas reports more than 10,000 cases for fifth straight day
From CNN's Kay Jones

Posted by bursabull > 2020-07-21 22:09 | Report Abuse

Plastics firms stretching for growth

July 21, 2020

Tomypak, a plastic flexible packaging (PFP) producer headquartered in Senai, Johor, also sees opportunities from rising demand resulting from the new norm, as people are buying more packaged food.

“There has been higher demand over the past three months, compared with the same period in prior years. Customers are also providing forecasts [for orders] for the next three to six months. This will facilitate more efficient production planning and procurement of raw materials,” the company tells The Edge via email.

Considering that Tomypak is primarily in F&B — a growing segment — it expects this year to be better than last year, not only for sales, but also for operational improvements from the transformation programme put in place in 2018.

“We expect demand for our products will continue to be strong. As the market evolves towards the new normal, there will be more opportunities to move from traditional to safer and more hygienic packaging,” it says.

Tomypak adds that shareholders will be able to see better financial results in the coming years, as a substantial part of the transformation programme has been implemented.

“This should result in much better performance. The company also hopes the trend towards more hygienic food packaging, compared with paper, will mean a larger growing market,” it says.

It adds that the plastics industry is expected to experience better growth in the immediate future.

“Naturally, with our new factory and enhanced capacity, we hope to be able to meet the expected market growth. Flexible packaging deploying new plastic-based materials that are more resistant to viruses will experience an increase in demand,” it concludes.

http://www.theedgemarkets.com/article/plastics-firms-stretching-growth

Posted by lloydlim > 2020-07-21 22:56 | Report Abuse

Sell on news?

Posted by SuperLaber > 2020-07-23 11:37 | Report Abuse

wow, lloydlim must be blaming himself right now lol

Posted by lloydlim > 2020-07-23 14:26 | Report Abuse

Haha, price gone crazy but I'm not

Posted by Winnerwinner > 2020-07-27 11:34 | Report Abuse

@DarKLoRD888999
There’s no question about that. Not only him but others too. Want to know how many of you here can help and be counted as voter

Posted by W16Y > 2020-07-28 23:05 | Report Abuse

https://www.google.com/amp/s/amp.itweb.co.za/content/kYbe9MXDkebMAWpG

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

Time for correction!

Posted by W16Y > 2020-08-04 08:45 | Report Abuse

https://www.google.com/amp/s/www.malaymail.com/amp/news/money/2020/04/24/hoarding-for-lockdown-drives-best-nestle-sales-growth-in-years/1859993

Posted by OldOldhorse > 2020-08-07 01:10 | Report Abuse

Useless person , DIOK also no ppl bother . Tak boleh pakai ... women also see u no UP. Just a failure complaining while everyone making good money. If I m your wife , I also ask u DIOK. Mou lan 7 yung

Posted by New994 > 2020-08-11 13:20 | Report Abuse

Need to have a earn money to show the market plastic industry is coming back!

Posted by S_ken > 2020-08-18 17:59 | Report Abuse

Excellent earning!

Posted by kedahman7968 > 2020-08-18 20:12 | Report Abuse

@ ken..Tomorrow fly?

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

Short term not sure how high it will goes but what we can see from the qr is that the coming quarters this company will keep on earning more. :)

Posted by kedahman7968 > 2020-08-18 20:25 | Report Abuse

@ken...noted. Thank you very much.
When the report will announce?

Posted by Warren Chan > 2020-08-18 21:07 | Report Abuse

alrd out today. 4mil PAT

Posted by soros228 > 2020-08-18 22:12 | Report Abuse

Warren result good. TP pls

Posted by W16Y > 2020-08-18 22:37 | Report Abuse

Based on earning margin % = 19%
EBITDA approx 9m ... minus depreciation +- become nett

Not bad performance during MCO.

Based on the logic, the only reason the% is good because of lower resin & also efficiency (customers should be giving more orders ahead during this period ) they able to have more long run orders to achieve better cost efficiency.

But looking at announced revenue is only 47m+ ...
Hence believe more orders were printed and only delivered after June. Should be more forward sales from overseas too as it report 33m+ .
Revenue should be coming more in coming Qs.

As reported by executive director, is was only running at 30% capacity. Previous expansion expected capacity to achieve approx 130m-150m revenue a quarter.

Any potential Oversea buyer that can come in to take a major stake & fill up the future capacity . Will be a Big turnaround . ( European and other countries might be facing operating difficulties and unable to deliver based on demand as they facing control issues and lockdown) . This will be an ideal place for them to run their packaging . Cheers

Posted by kedahman7968 > 2020-08-18 22:42 | Report Abuse

Thanks @chan.
Hope tomorrow up more, my price at 0.835

Posted by Davidl > 2020-08-19 12:59 | Report Abuse

Share price alr up a lot b4 QR so it should drop below 80cts for a healthy correction.

Posted by stan20 > 2020-08-19 21:09 | Report Abuse

@Davidl When is Tomypak's QR? September ?

Posted by chkhooju > 2020-08-19 21:14 | Report Abuse

QR already released. EPS 0.96¢.

Posted by OldOldhorse > 2020-08-21 23:12 | Report Abuse

Anyone attended the AGM on Wednesday ? Heard the board was under pressure to perform in coming Qs.
Heard that ED discloses the order book till date achieved 88% of last year revenue . It was minuted and expecting better coming Q3 & Q4

Posted by Steve Ooi > 2020-08-24 17:32 | Report Abuse

Interesting
Buy some

Posted by OldOldhorse > 2020-08-24 20:26 | Report Abuse

Chairman did mention to bring back those Quarters that pay good dividend . Their policy was minimum 40% of earnings.

Look at Q2 figures , they should be able to generate better EBITDA & NP in coming Qs

Posted by OldOldhorse > 2020-08-28 01:09 | Report Abuse

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/flexible-packaging-market-valued-usd-142100421.html

Posted by Steve Ooi > 2020-08-28 10:29 | Report Abuse

something's brewing, before its too late.
Buy, it is running away while you guys are busy doubting

For those who attend AGM should know something and keep to yourself, I saw Harry Zai.

"Our revenue will back to our glory day"

Posted by Davidl > 2020-08-28 12:09 | Report Abuse

Double top seems to be formed based on TA.

Posted by S_ken > 2020-09-04 17:05 | Report Abuse

Lets see if this company earn more and more in the coming quaters

Posted by Latte123 > 2020-09-06 15:48 | Report Abuse

https://www.enanyang.my/node/350720

Posted by New994 > 2020-09-15 14:24 | Report Abuse

Y everyday ESOS, how many ESOS they have..

Posted by W16Y > 2020-09-20 00:25 | Report Abuse

https://focusmalaysia.my/business/packaging-manufacturer-benefits-from-pandemic/

Posted by W16Y > 2020-09-28 18:04 | Report Abuse

https://www.bangkokpost.com/business/1989151/scg-packaging-seeks-to-raise-up-to-b39-5bn-in-ipo

Posted by W16Y > 2020-10-11 01:45 | Report Abuse

http://www.tomypak.com.my/AGM%20Minutes%20With%20Key%20Matters%202020.pdf

Q12 : The sales are recognised when the products are delivered / transferred to customers. In addition, finished goods produced according to orders received (but not delivered) as of quarter end will also be recognised as revenue to be in line with the accounting standard, MFRS 15, effective from 1 January 2018. Thus far, based on the actual to-date amount, the Company has achieved about 88% of last year turnover. The Management strongly believes that the turnover would improve this year as compared to last year.


88% of rm158m sales = 139m done as per 18/8/20
Q1+Q2 = rm80m sales reported.
Half of Q3 = rm59m In hand .
Full Q3 projected at least rm80m ?
59m already will be record breaking quarter .
80m ? Will be a huge turnaround.. NO wonder MD been buying aggressive for past 12 months.

Based on the ratio of Q2 , 47m turnover EBITDA reporter is Rm9m = the profit margin = 19% +-

Assume they achieve 80m x 19% = rm15.8m EBITDA

Minus depreciation & miscellaneous.
NP can be easily rm10m

Worse case rm59m reported . They recognized 60m for Q3 EBITDA = rm 12.8m - depreciation = NP rm7.5-8m in hand .

This should be the minimal profit ... & will be a recording breaking Q . Finally turnaround for the company after 8Q of failure ( MD confidently Selling of his money making Johortin & increase stake in this company)

Will be interesting Quarter .... Unless the Information provided by ED at AGM is false or misleading . Well , let's see ...

Posted by hoot9eonly > 2020-10-14 17:07 | Report Abuse

Sit on boat. Hopefully fly high high.

Posted by SpicyMcDeluxe > 2020-10-14 17:18 | Report Abuse

kekw

Posted by St0000ck > 2020-10-14 17:57 | Report Abuse

https://www.youtube.com/watch?v=i90byygGgdI

Posted by St0000ck > 2020-10-14 17:58 | Report Abuse

i think this will be the turnover star of the year