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USD 1 to RM4.04 today, compared to RM3.93 months ago. USD strengthened is advantage for this counter.
Heard that the orders are full already. Performance for Q1/26 should be better.
At this moment the market is short of plastic packaging for both water, food and daily necessities, oil prices impact and also the resin supply are short. I believe this company has many stocks of resins and the stocks are bought earlier at a lower prices, therefore prediction on the GP could be more during this period. 1st TP1.30 and if breaks thru, could up to 1.50
War situation worsens, dollar strengthen due to energy, resins are scarce, food and water packaging are limited, this company have a lot of stocks. GP margin for Q1-Q2 predicts to perform well. TP1.44-1.47