New Toyo

[Stockerman]

US markets have bled badly....expect heavy corrections soon?

[Stockerman]

http://www.trefis.com/stock/pm/articles/...2013-04-19

» Philip Morris reports 3.1% net revenue growth in the first quarter adjusted for currency impacts.
» Firm-wide cigarette volumes slump 6.5% as volumes in Philippines decline sharply due to the implementation of the sin-tax law.
» Macroeconomic uncertainties, high illicit trade and growth in the OTP segment continue to plague cigarette volumes in the EU.
» Cigarette volumes rise in the EEMA region led by Russia that gets ready to implement a historic anti-tobacco law later this year.


PMI bleeding from the SIN TAX in the Phillipines, with huge volume decline....New Toyo will not escape unscathed...

[Underdogger]

Just need to take a glimpse at Baker tech, San Teh, etc to have some idea of how New Toyo might move IF special dividend is declared...

[pianist]

waiting for early may x-d day

[Stockerman]

on X-d day, New Toyo will drop back to 25/26 cents!

waiting for early may x-d day

[greengiraffe]

Need not speculate - just show us the money that is sitting on the balance sheet. Track record already speaks for New Toyo.

[Stockerman]

what track record does New Toyo have?
Whether BAT will renew the contract is still highly uncertain....

With mounting regulatory risks everywhere (including safe heavens like developing countries), long term prospects are dim at best...think twice...
Both BAT and PMI cigarette sales volumes in Asia Pacific are on down trend already for the most recent quarter...

New toyo will never be sustainable above 30 cents....just wait and see!
some of my friends are saying if New Toyo stays above 30 cents, PIGs can FLY ....

Need not speculate - just show us the money that is sitting on the balance sheet. Track record already speaks for New Toyo.

[Underdogger]

maybe, pigs can soon fly to the moon

what track record does New Toyo have?
Whether BAT will renew the contract is still highly uncertain....

With mounting regulatory risks everywhere (including safe heavens like developing countries), long term prospects are dim at best...think twice...
Both BAT and PMI cigarette sales volumes in Asia Pacific are on down trend already for the most recent quarter...

New toyo will never be sustainable above 30 cents....just wait and see!
some of my friends are saying if New Toyo stays above 30 cents, PIGs can FLY ....

Need not speculate - just show us the money that is sitting on the balance sheet. Track record already speaks for New Toyo.

[Stockerman]

The outlook does not look good for New Toyo from the AGM today...
Management did not seem that confident that they would be able to renew the BAT contracts...

Amcor seemed to have overtaken Tien Wah/New Toyo in terms of printing technologies and Tien Wah/New Toyo have to play the catch up games in terms of technology upgrade (e.g. using high resolution camera to capture printing processes and aiming for ZERO ERROR by 2015, etc) there is NO CERTAINTY as to whether BAT will renew the contract...

This is the greatest downside risk for New Toyo/Tien Wah. Furthermore, there is also no certainty of special dividend with the final capital reduction of SAH...


CFO quoted the wrong NAV figures....Young Gary (chairman) did not know that investment properties are accounted for based on net book value (i.e. historical cost) in their books...

[greengiraffe]

Whole group act blur. Old Yen washed his hands last year now operating in the background waiting to raid the co on the cheap.

Told you liao - track record speaks for themselves

Till the day they show you the money, it is not yours.

GG

The outlook does not look good for New Toyo from the AGM today...
Management did not seem that confident that they would be able to renew the BAT contracts...

Amcor seemed to have overtaken Tien Wah/New Toyo in terms of printing technologies and Tien Wah/New Toyo have to play the catch up games in terms of technology upgrade (e.g. using high resolution camera to capture printing processes and aiming for ZERO ERROR by 2015, etc) there is NO CERTAINTY as to whether BAT will renew the contract...

This is the greatest downside risk for New Toyo/Tien Wah. Furthermore, there is also no certainty of special dividend with the final capital reduction of SAH...


CFO quoted the wrong NAV figures....Young Gary (chairman) did not know that investment properties are accounted for based on net book value (i.e. historical cost) in their books...