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Master...financial results will released on end of August. Based on Tguan, tomypak, bpplas recently good financial results, I strongly believe Master will follow so. Rated strongly buy in
haha
Totally depends on whether if solar panel business is good or not since they declared most of their revenue come from solar sales. Although food and e commerce demand is high, not sure whether if it can offset solar packaging if solar sales drop. Would be something interesting to study.
Plus take note other paper packaging companies like orna and pphb did not see significant increase in share prices. People like Tguan and bpplas are plastic players and they do a lot of high turnover plastic products i.e. food packaging
I hope you're right. Let's see how they fare this QR. But I'm more interested to see the significance of food and e commerce packaging contribution to MASTER
there's a big difference between plastic and paper packaging, plastic packaging were doing phenomenal because of drop in oil price, resulting in cheaper resins and reduces their cost
Yes plastic packaging having good profit due to lower cost, master packaging, the paper cost getting up... but from the prospect is showing promising future...see how market react on Monday haha
Do some home work... Tguan tomypack bpplaa is plastic packaging, master is paper box, different material, different market, different cost, nothing to compare