During lockdown, the demand for plastic packaging surges for quite some time as evidenced by these counters previous lockdown's financial results. Most counters $SCGM $TGUAN $SCIENTX $DAIBOCI $TOMYPAK $SLP are now reasonably priced. Thank me later.
Remember folks during the 2Q20 Tomypak shares traded above 0.80sen. With better 2Q21E & market sentiments below 0.50 is now history & soon 0.60 too folks!
No worries. Bought below 0.50 & still holding steadily. Better earnings expected for the remaining Qs.
Revenue for the current quarter of RM43.9 million was 5% lower compared to the preceding quarter primarily due to the FMCO in early June 2021.
For the six months period ended 30 June 2021, the Group recorded a revenue of RM90.2 million as compared to RM80.4 million in the corresponding period in the previous financial year, an increase of RM9.8 million or 12%.
The increase was primarily due to an increase in sales in the first quarter of this year to both existing and new local and international customers.
The Group reported a profit before tax of RM2.7 million for the six months ended 30 June 2021 compared to a loss of RM2.5 million for the same period last year primarily due to higher revenue
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.
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....
BobbyAxelrod
73 posts
Posted by BobbyAxelrod > 2021-06-01 09:00 | Report Abuse
During lockdown, the demand for plastic packaging surges for quite some time as evidenced by these counters previous lockdown's financial results. Most counters $SCGM $TGUAN $SCIENTX $DAIBOCI $TOMYPAK $SLP are now reasonably priced. Thank me later.