New Toyo

AGM just passed... So i guess the company needs to issue a circular to seek a mandate?

(27-08-2012, 09:44 PM)pianist Wrote:

(27-08-2012, 08:40 PM)Underdogger Wrote: How long does it need to seek a mandate?

(27-08-2012, 10:31 AM)Sfsh12 Wrote: To do a share buyback, New Toyo would need to seek a mandate from shareholders. Currently it does not have that mandate.

is easy..usually thr agm

Tien Wah reached 2.19 RM today....another new recent high...

Instead of watching, perhaps its better to just buy Tien Wah and ride the bull.

(28-08-2012, 07:51 PM)Underdogger Wrote: Tien Wah reached 2.19 RM today....another new recent high...

BAT's introduction of more brand variants a couple of years ago resulted in Tien Wah having to undertake higher number of smaller printing jobs. Some jobs were outsourced at high costs as Tien Wah did not have enough printing capacity then. Progressive installation of new machines finally saw profit improvement in 2Q 2011; and a record group profit of RM13.3m in 2Q of the current year.
In its 2011 annual report, BAT(Malaysia) disclosed, for the first time, that it had 250 brand variants in 2011 compared with 120 the year before.
The annual report also revealed higher business volume of BAT(M), which should have required more printed cigarette packets from Tien Wah.
Tien Wah share may be a better buy, but it is illiquid. Of the 96.5 million Tien Wah shares, New Toyo and the Malaysian Armed Forces' Pension Fund hold 68.2 million between them. Buying the more liquid New Toyo (which owns 54% of Tien Wah) is an alternative way of riding on Tien Wah's rise.

The key is that Tien Wah/New Toyo is nestled right smack in Asia Pacific where the key organic volume growth is...

With its lower cost base and the ongoing crisis in Euro, a lot of tobacco makers will be making a switch to lower cost packaging companies like Tien Wah when their contracts are up...

Just wait and see

(29-08-2012, 09:04 PM)portuser Wrote: BAT's introduction of more brand variants a couple of years ago resulted in Tien Wah having to undertake higher number of smaller printing jobs. Some jobs were outsourced at high costs as Tien Wah did not have enough printing capacity then. Progressive installation of new machines finally saw profit improvement in 2Q 2011; and a record group profit of RM13.3m in 2Q of the current year.
In its 2011 annual report, BAT(Malaysia) disclosed, for the first time, that it had 250 brand variants in 2011 compared with 120 the year before.
The annual report also revealed higher business volume of BAT(M), which should have required more printed cigarette packets from Tien Wah.
Tien Wah share may be a better buy, but it is illiquid. Of the 96.5 million Tien Wah shares, New Toyo and the Malaysian Armed Forces' Pension Fund hold 68.2 million between them. Buying the more liquid New Toyo (which owns 54% of Tien Wah) is an alternative way of riding on Tien Wah's rise.

But no much bids seen for New Toyo? no one seems to be buying the idea...haha ..too bad..

(29-08-2012, 09:56 PM)Underdogger Wrote: The key is that Tien Wah/New Toyo is nestled right smack in Asia Pacific where the key organic volume growth is...

With its lower cost base and the ongoing crisis in Euro, a lot of tobacco makers will be making a switch to lower cost packaging companies like Tien Wah when their contracts are up...

Just wait and see

(29-08-2012, 09:04 PM)portuser Wrote: BAT's introduction of more brand variants a couple of years ago resulted in Tien Wah having to undertake higher number of smaller printing jobs. Some jobs were outsourced at high costs as Tien Wah did not have enough printing capacity then. Progressive installation of new machines finally saw profit improvement in 2Q 2011; and a record group profit of RM13.3m in 2Q of the current year.
In its 2011 annual report, BAT(Malaysia) disclosed, for the first time, that it had 250 brand variants in 2011 compared with 120 the year before.
The annual report also revealed higher business volume of BAT(M), which should have required more printed cigarette packets from Tien Wah.
Tien Wah share may be a better buy, but it is illiquid. Of the 96.5 million Tien Wah shares, New Toyo and the Malaysian Armed Forces' Pension Fund hold 68.2 million between them. Buying the more liquid New Toyo (which owns 54% of Tien Wah) is an alternative way of riding on Tien Wah's rise.

Plain packaging has lots of unintended consequences, including strong aggressive promotion efforts by big tobacco makers to get younger generations to light up...

The Aussie Govt is still not getting it....

smoking rates may even go up...

****

CIGARETTE companies will ramp up their fight to attract more teenagers using marketing tactics to prevent smoking rates from falling, experts warn.
Their tactics will target teenagers and include reduced prices, sexier names and flavour variations, and their preferred brand would always be in stock.

Associate Professor Jenni Romaniuk, international director at UniSA's Ehrenberg-Bass Institute for Marketing Science, said the companies would use "product innovation" techniques to vary formulations - and create new flavours to encourage teenagers to connect with a certain brand.

"Companies will not be able to use their packaging to appeal to consumers or appear more glamorous, so they need to find new ways to attract new customers," she said.

Professor of Public Health at the University of Sydney Simon Chapman said most smokers take up the habit between the ages of 16 and 19 years.

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"It's very, very rare for anybody to take up smoking after the age of about 23," Prof Chapman said.

"If they don't get that group smoking their brand then, really, they've lost an investment of a lifetime.

"Smokers tend to be pretty loyal and stick with brands through their smoking career."

The move is expected to follow a recent motion that was passed in Tasmania's Parliament that called on the Government to create a "smoke-free generation".

Under the plan, anyone who was born after the year 2000 would be banned from buying cigarettes when they turn 18.

South Australian Health Minister John Hill said that any strategy to stop young people from smoking was "worth considering".

Cancer Council SA chief executive Professor Brenda Wilson said the motion recognised that most smokers became addicted during their teens.

SA Health figures show 20.7 per cent of South Australians aged 15 and over smoke either daily or occasionally.

A spokeswoman for Drug and Alcohol Services SA said the primary target of the South Australian Tobacco Control Strategy 2011-2016 was to reduce the percentage of young cigarette smokers aged 15-29 to 16 per cent by 2016.

$25mil from SAH or 5.5 cents should already be in New Toyo's pocket...

think everyone is eager awaiting the special announcement any time soon

you know what....All these big news going around on Plain Packagaing are going to create a lot of publicity on smoking.., and I think the big cigarette manufacturers are going to be quietly happy about it

Got a question... why is the dividend coming? How come so long already still not CD or XD?