I like Tomypak for the resillent business model and the consistent quarter dividend announcement. If not mistaken, they had issued Right Issue for expansion plan.
However, I haven't studied the expansion plan and progress in detail yet.
I am looking at this counter. They have built a new factory but sales (especially overseas) going down. Will there be over capacity? Anyone has any insight on this based on any previous meeting. My thanks, in advance. :)
Run for life if you are not willing to concern the earnings after 6 months due to a lot of uncertainty. No need to look into the detail of QR. ..Just dump it on Monday....gap down > 5%.
if not mistaken, what i noticed is whenever the price get towards below 1,6 and company will make a share buy back...what i know is that new factory will start to operate Jan next year...
Be cautious of the initial set up cost of the new plant ! Further, it was reported in its Q3 results announcement that export sales drop, so is there any excess capacity upon the completion of the new plant ?
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....
kenken85
724 posts
Posted by kenken85 > 2016-10-14 09:34 | Report Abuse
scary n unstable counter. haha