New Toyo

[greengiraffe]

only up 1.5 cents...

Let Mr Market decides... luckily N Toyo is a Singapore incorporated company. Otherwise I will be more worried.

Vested
Odd Lots
GG

[Underdogger]

Like what I said before, people always like to do last-min shopping

Looking at the amt of cash on New Toyo's books. Either they have a grand plan for BIG business expansion for the already cash-cow tobacco printing/packing segment, or they eventually have to pay off a few more series of special dividends..

Just have to be patient. Money will come

[greengiraffe]

Like I said before, you better keep your fingers crossed that they won't do any stupid things to siphon away the $ which they have fantastic track record of

Like what I said before, people always like to do last-min shopping

Looking at the amt of cash on New Toyo's books. Either they have a grand plan for BIG business expansion for the already cash-cow tobacco printing/packing segment, or they eventually have to pay off a few more series of special dividends..

Just have to be patient. Money will come

[BlueKelah]

Like what I said before, people always like to do last-min shopping

Looking at the amt of cash on New Toyo's books. Either they have a grand plan for BIG business expansion for the already cash-cow tobacco printing/packing segment, or they eventually have to pay off a few more series of special dividends..

Just have to be patient. Money will come

can management just declare div back to regular 2 cent, pay down the debts and keep the rest of the cash for a rainy day?

Like asia ent holdings have 65% market cap in cash and also dun seem to wanna pay out anything

[Stockerman]

On EX-date, it would probably drop back below 30 cents toward 25 cents..
Lets wait and see.....

[Stockerman]

Is there any difference whether New Toyo is a Spore-incorporated coy or not?

If it is behaving like S-chip, it does not matter the location of incorporation. This is just a facade.

only up 1.5 cents...

Let Mr Market decides... luckily N Toyo is a Singapore incorporated company. Otherwise I will be more worried.

Vested
Odd Lots
GG

[xlandjy]

Is there any difference whether New Toyo is a Spore-incorporated coy or not?

If it is behaving like S-chip, it does not matter the location of incorporation. This is just a facade.

only up 1.5 cents...

Let Mr Market decides... luckily N Toyo is a Singapore incorporated company. Otherwise I will be more worried.

Vested
Odd Lots
GG

Stockerman,

You admitted that you have 700 lots.

Earlier you said that after the announcement of Sp Div, the shares price will drop. Instead it went up yesterday and continued to inch up today.

Now you said this again.

Despite all your negatives words, you held on to you stock. You did not sell. Why? Why did you not trust your word? Why you did not walk your talk? Instead you did the opposite! What is your motive?

[Underdogger]

New Toyo FY12 EBITDA = $40mil.
8 times EBITDA = $320mil or 73 cents !
tobacco packaging/printing is more resilient. Valuation should be higher.

*************
Amcor announces today an agreement to acquire the flexible packaging operations of Jiangsu Shenda Group for RMB350 million. The purchase price represents 8.0 times CY2012 EBITDA. Returns, measured as EBIT to funds employed, are expected to be over 20% by CY2016 underpinned by cost synergies and continued strong organic growth in the Chinese market.

http://www.amcor.com/about_us/media_cent...71961.html

1 July, 2013:

The acquired business has sales of approximately RMB440 million and two plants in the Jiangsu province in Eastern China. Two thirds of it sales are to the pharmaceutical, snacks and culinary end markets. Following the acquisition Amcor will be the market leader in Eastern China with a strong position in both film manufacturing and conversion.

The acquired business is a strong fit with Amcor’s exiting plant in Jiangsu province and enables sharing of overheads, optimisation of production across the sites and operating improvements through sharing of best practice. These opportunities are expected to deliver cost synergy benefits of more than 5% of sales.

Amcor’s Managing Director and CEO, Mr Ken MacKenzie said: “Continued strong growth in consumer spending makes China one of the most attractive markets globally. Amcor has a strong and successful position in the Chinese flexible packaging market with nine plants, covering all the key regions and sales of over A$400 million.

“This acquisition establishes Amcor as the market leader in Eastern China, a region that represents approximately 40% of China’s GDP. The business is a strong fit with our existing operations and offers considerable synergy opportunities.”

The agreement is subject to regulatory and other usual conditions and is expected to close in the coming months.

[greengiraffe]

Try harder mate... New Toyo used to have SAH - that one sold for a song after tiding over the start up phase.

Amcor does not need New Toyo. If they wanted New Toyo, they would have gone in for BAT's "sale and leaseback" deal when New Toyo / Tien Wah bought it.

Seriously, for a 7 year deal that has a more than 2 years startup phase that suffered low margins - the strategy is highly questionable.

Overall, I have yet to see daylight on my IPO price on New Toyo since 1997, what makes you think that it will be any different.

If they are interested in enhancing shareholders' wealth, why are they sitting tight on non core bits and pieces of properties in China...
plenty of unanswered ???

Vested
Only to watch dramas
GG

New Toyo FY12 EBITDA = $40mil.
8 times EBITDA = $320mil or 73 cents !
tobacco packaging/printing is more resilient. Valuation should be higher.

*************
Amcor announces today an agreement to acquire the flexible packaging operations of Jiangsu Shenda Group for RMB350 million. The purchase price represents 8.0 times CY2012 EBITDA. Returns, measured as EBIT to funds employed, are expected to be over 20% by CY2016 underpinned by cost synergies and continued strong organic growth in the Chinese market.

http://www.amcor.com/about_us/media_cent...71961.html

1 July, 2013:

The acquired business has sales of approximately RMB440 million and two plants in the Jiangsu province in Eastern China. Two thirds of it sales are to the pharmaceutical, snacks and culinary end markets. Following the acquisition Amcor will be the market leader in Eastern China with a strong position in both film manufacturing and conversion.

The acquired business is a strong fit with Amcor’s exiting plant in Jiangsu province and enables sharing of overheads, optimisation of production across the sites and operating improvements through sharing of best practice. These opportunities are expected to deliver cost synergy benefits of more than 5% of sales.

Amcor’s Managing Director and CEO, Mr Ken MacKenzie said: “Continued strong growth in consumer spending makes China one of the most attractive markets globally. Amcor has a strong and successful position in the Chinese flexible packaging market with nine plants, covering all the key regions and sales of over A$400 million.

“This acquisition establishes Amcor as the market leader in Eastern China, a region that represents approximately 40% of China’s GDP. The business is a strong fit with our existing operations and offers considerable synergy opportunities.”

The agreement is subject to regulatory and other usual conditions and is expected to close in the coming months.

[pianist]

Try harder mate... New Toyo used to have SAH - that one sold for a song after tiding over the start up phase.
Amcor does not need New Toyo. If they wanted New Toyo, they would have gone in for BAT's "sale and leaseback" deal when New Toyo / Tien Wah bought it.
Seriously, for a 7 year deal that has a more than 2 years startup phase that suffered low margins - the strategy is highly questionable.
Overall, I have yet to see daylight on my IPO price on New Toyo since 1997, what makes you think that it will be any different.
If they are interested in enhancing shareholders' wealth, why are they sitting tight on non core bits and pieces of properties in China...
plenty of unanswered ???
Vested
Only to watch dramas
GG

hi gg, what do u mean by yet to see daylight on ipo price? is it u got this share during ipo and yet to breakeven? just wondering what was the ipo price in 1997?
also wondering what kinda drama will unfold for us?