PUBLIC PACKAGES HOLDINGS BHD

KLSE (MYR): PPHB (8273)

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Last Price

1.07

Today's Change

-0.04 (3.60%)

Day's Change

1.07 - 1.10

Trading Volume

718,500

Overview

Market Cap

285 Million

NOSH

266 Million

Avg Volume (4 weeks)

1,408,100

4 Weeks Range

0.85 - 1.13

4 Weeks Price Volatility (%)

78.57%

52 Weeks Range

0.60 - 1.13

52 Weeks Price Volatility (%)

88.68%

Previous Close

1.11

Open

1.10

Bid

1.06 x 137,600

Ask

1.09 x 13,500

Day's Range

1.07 - 1.10

Trading Volume

718,500

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2024 [#1] | 29-May-2024

Next QR | Est. Ann. Date

30-Jun-2024 | 21-Aug-2024

T4Q P/E | EY

5.69 | 17.59%

T4Q DY | Payout %

0.36% | 2.02%

T4Q NAPS | P/NAPS

1.50 | 0.71

T4Q NP Margin | ROE

24.27% | 12.57%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: PACKAGING MATERIALS

Subsector: PACKAGING MATERIALS

Description:

Public Packages Holdings Bhd is an investment holding company. Along with the subsidiaries, the company operates in four segments namely: Investment, Manufacturing, Property, and Trading. In manufacturing segment, it manufactures and retails corrugated cartons, packing materials, gift and display box. Its products include offset printing, rigid boxes, corrugated cartons, the point of purchase display and paper products. Its Manufacturing segment generates the majority of revenue. It has operations in Malaysia and Singapore with the highest revenue generated from Malaysia.

Discussions
4 people like this. Showing 50 of 2,720 comments

Albukhary

Yup, although the result doesn't hit my expectation of RM12mil, but not bad it still have RM10.6mil. But one thing not good is there is no interim dividend announce.
Once again, the company is holding too much of cash, and it must find a way to generate more return with its cash.
Perhaps they can build another hotel, or acquire some new business, or get more client.
I mean Penang is booming, so many MNC setup factory there, and PPHB is doing packaging business, please try to secure some long term contract with those MNC.
(

3 weeks ago

navi

@sincerestock, where is the rumour about the potential privitization?

3 weeks ago

SincereStock

@navi no rumour, just that the state of undervalue and bos refuses to give proper dividend payout made suspicious that they might have intend to privatize the company at some point if they got the cash to do so

3 weeks ago

bryan2003

@sincerestock May I know how the dividend correlated to privatisation please? If the management declare dividend, themselves will be benefitted as well and the NTA will drop and hence they can use lower price for privatisation.

2 weeks ago

SincereStock

@bryan2003 actually it is like opposite.

privatisation price most of the time is more correlated to current market price than NTA. therefore, by not giving proper dividend payout, market price would stay at lower level instead and hence they can use lower price for privatisation.

hope you get what I mean

2 weeks ago

SincereStock

and then I need to emphasize ya, there are no rumour for privatization, all is just investors our own speculatives

2 weeks ago

bryan2003

@sincerestock, thanks for the explanation. I was thinking let’s say the current share price is rm1 and the nta is rm1.5, if the management offer rm1.3 for privatisation, higher chances that the shareholders will reject and currently the owner just holding around 50%+ of the total issued shares. So I wonder how you would have such speculation.

2 weeks ago

SincereStock

@bryan2003 no, in the case of your assumptions, most of the remaining shareholders will accept the offer, I can say that with 99% confidence, unless there is a major significant shareholder that wasn't the part of the privatization offered. retailers mostly will just agree, including myself talking as a retailers. why would a retailer reject? you cannot sell your Rm1 stock to the market into it's NTA price of RM1.5. how easy you think soon or later it will surely hit RM1.5 in market? many counters traded below NTA "forever" in the stock market. so instead of continueing trading at price of RM1 in stock market, why not just accept RM1.3 offer and leave to other counters. there are so many good counters out there.

for real life case study you can refer to MMCCORP privatization

https://klse.i3investor.com/web/stock/financial-quarter/2194

if you had time and interested to my more detailed comment on this, please read my comments on MMCCORP forum which I shared my own privatization experience and feeling / review on it. it was really one of the most happy moment in my bursa market investing experience. but some of the other involved retailers might feel otherwise. very worthful to read conversation between us there

2 weeks ago

SincereStock

anytime, any of my current and future holding stocks counter, if the owner would had offered anything 10% or above the current market price, I will take that offer and leave happily and continue hunting for the next counters

2 weeks ago

Albukhary

In my own experience, if current price is RM1, NTA is RM1.50, and privatization offer price is RM1.30. High chances this privatisation will be failed, as minority will not accept the offer price.

The best scenario of privatisation will be :-

Current price - RM1.00
NTA - RM1.50
Intrinsic value of the company - RM2.50 (i.e. Company have land that reflected very low book value in account, but actual market value is few times of the book value.)
Offer price - RM1.80.

In this type of scenario, minority shareholders will be happy to accept the offer, because the offer price is exceed the NTA (book value). Major shareholder also happy, because their offer price of RM1.80 is far below the real intrinsic value of the company RM2.50. Moreover, the company has so many cash, all bank institution is happy to provide financial support to the major shareholder to privatise the company, coz once they privatise, they can anytime declare dividend or capital repayment to withdraw the money from company bank account.
The

2 weeks ago

SincereStock

@Albukhary do you have similar real case similar to your statement? I mean current price is below NTA while privatization price is above NTA? if yes, the offerer are definitely a lot more generous than Syed Mokthar in MMCCORP privatization.

I know a few cases of privatization above NTA, but for those cases I know, but the current trading price itself is also above NTA, despite still below the offered price.

then again, please refer to MMCCORP privatization of success case of privatization below NTA price. minority would just accept, although many are voicing their reluctancy, in which myself don't agree or understand

2 weeks ago

SincereStock

back to PPHB here to be honest, I am only expecting privatization to be anything below NTA. but if offered at exact NTA price, I would be surprisingly more happy of course, could not imagine anything above NTA

2 weeks ago

SincereStock

tbh, I don't understand the mentality of retailers that want to hold long term into a stock just because of it's intrinsic value that might never be realised into real cash. strong belonging feeling to company that you don't start off or involves directly in all it's operations? or lack of confidence in looking for the next counter?

2 weeks ago

SincereStock

after many years, I still insist with my arguement with the opposing retailers of MMCCORP privatization.

2 weeks ago

bryan2003

@sincerestock thanks for your sharing

2 weeks ago

SincereStock

@bryan2003 welcome

2 weeks ago

navi

wau Hupseng push from 0.9 to 1.2. Wishful dream for PPHB road to 1.2..

1 week ago

speakup

Pphb is worth at very very least 1.20

1 week ago

speakup

Pphb at 91 so undervalued remind me of Insas at 80sen

1 week ago

navi

hupseng 2.0 incoming...

1 week ago

OTB

Up 11% today, any good news !!
Good luck.

1 week ago

speakup

Kasi limit up

1 week ago

SincereStock

still holding some stackes bought at 0.675 long ago, 1 of my longest holding counter, hoping for privatization announcement or price hitting NTA to sell

1 week ago

navi

wau OTB is here. Fundamentally sound company and cash rich.

1 week ago

SincereStock

hope for pending transaction announcement this afternoon after 12.30pm

1 week ago

SincereStock

best of luck everyone who still holding some stacks

1 week ago

daretocutandchange

privatise?pphb seldom up so much

1 week ago

SincereStock

@daretocutandchange rumours no, but speculations yes, has always been and especially everytime it's price hike lol seems like many are parking capital here for privatization bet

1 week ago

Albukhary

PPHB is a undervalue GEM.
When the timing come, It will shine like a Diamond.
TP 1 = RM0.70 (Achieved on 10th Jan 2023)
TP 2 = RM0.90 (Achieved on 10th May 2024)
TP 3 = RM1.20 (Hopefully can be achieved within Year 2024)

Dream come true soon!!!

1 week ago

ValueInvestor888

i think investors starting to reliase this stock is undervalued.

1 week ago

DividendGuy67

Today, my portfolio has 21 greens and 27 reds. However, thanks to PPHB, my portfolio made new all time high again today! Thank-you PPHB and Thank-you Mr Market!

1 week ago

Najib Zamry

At 1.05 now it is still very much undervalue

1 week ago

DividendGuy67

New all time high 1.07!

1 week ago

unrealyangz

The major shareholders should consider increasing the dividend payout to share the profits with other minor shareholders. And this could potentially lead to a rise in share value again

6 days ago

lcng123

What I concerned is capital gain rather than dividend. I don't care how much the dividend payout, as well as company can generate more solid profit and cash every quarter and the net cash rapidly increase. Strong healthy balance sheet will reflect in share price

6 days ago

HuatRex1314

Don't worry too much. My 20 years TA analysis show that it will fly towards RM2. Tq

6 days ago

OTB

Posted by HuatRex1314 > 11 minutes ago | Report Abuse
Don't worry too much. My 20 years TA analysis show that it will fly towards RM2. Tq
------------------------
Glad to read your posting here.
I believe in HuatRex1314's statement.
I also recommended PPHB, the EPS=18.20 cents.
If PER=10, the target price is 1.82.
If PER=11, the target price is 2.00.
If PER=12, the target price is 2.18.
Good luck.
Thank you.

6 days ago

Albukhary

OMG.... Finally OTB is here also.
Finally this super Gem PPHB has attracted more n more smart investors to look at it.

6 days ago

HuatRex1314

Glad to see you here too OTB. I enjoyed reading your great posting in ytlp forum and i learnt alot from you. I hope those silly people will not come to this forum to attack you. Thank you.

6 days ago

speakup

wahhh many sifu sifus already here. the higher it goes, the more sifus join

5 days ago

navi

nowonder Friday had a big movement to ATH, OTB sifu effect

5 days ago

SincereStock

@speakup more sifus join chase high ka haha
in such case, imo anyone who stayed here before any new comers are more sifu than them

5 days ago

SincereStock

and mostly those newcomers "so called sifu" are actually technical analysis sifu, only lured in by so called "technical signal"

5 days ago

unrealyangz

Should look into the PB value as well not only the PE value although the PE value is still single digit

5 days ago

SincereStock

@unrealyangz, true, both PE and PB are the main things in fundamental value investing

4 days ago

unrealyangz

Ya, the NTA is 1.50 so the PB value is around 0.68. There is a chance for the stock to grow for 50% to achieve 1 to 1 ratio.

4 days ago

Albukhary

Today many counter fall, but PPHB still stand up firmly.
Very good.

3 days ago

DividendGuy67

Yes. Thanks to PPHB and greens offsetting red, today, my portfolio made new all time high again! This is 5th time this month! Thank-you PPHB, thank-you Mr Market!

3 days ago

troy88

Resilient despite market sell off. Strong!

1 day ago

Albukhary

PPHB is a undervalue GEM.
When the timing come, It will shine like a Diamond.
TP 1 = RM0.70 (Achieved on 10th Jan 2023)
TP 2 = RM0.90 (Achieved on 10th May 2024)
TP 3 = RM1.20 (Hopefully can be achieved within Year 2024)

RM1.20 will be achieve anytime soon.

1 day ago

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