Mainboard-listed Goodpack Limited, the world’s largest provider of reuse Intermediate Bulk Containers (IBCs) packaging solutions, announce today results for the six months ended 31 December 2010 (1HFY2010/11).
Revenue for 1HFY2010/11 registered a growth of 22.4% to US$71.3 million ($91.2 million) (1HFY2009/10: US$58.3 million) due to increased penetration in existing markets as a result of new customer conversion and increased demand from existing customers.
EBITDA for 1HFY2010/11 grew 19.5% to US$34.6 million (Q1FY2009/10: US$29.0 million) while the group’s profit after tax for 1HFY2010/11 grew 23.1% to US$21.2 million (Q1FY2009/10: US$17.2 million).
| Latest Forum Topics / Goodpack |
 Post Reply
|
|
Earnings prospects
|
|||||
|
sgnewbie
Master |
05-Mar-2012 10:36
|
||||
|
x 0
x 0 Alert Admin |
OCBC on Goodpack http://sg-shares.blogspot.com/2012/03/goodpack.html |
||||
| Useful To Me Not Useful To Me | |||||
|
sgnewbie
Master |
16-Feb-2012 09:20
|
||||
|
x 0
x 0 Alert Admin |
Kim Eng on Goodpack http://sg-shares.blogspot.com/2012/02/goodpack_16.html |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sgnewbie
Master |
15-Feb-2012 12:14
|
||||
|
x 0
x 0 Alert Admin |
OCBC on GoodPack http://sg-shares.blogspot.com/2012/02/goodpack.html |
||||
| Useful To Me Not Useful To Me | |||||
|
marubozu1688
Veteran |
28-Sep-2011 16:39
|
||||
|
x 0
x 0 Alert Admin |
Value Investors will probably be confused by this Goodpack whether sell or buy more. http://mystocksinvesting.com/singapore-stocks/goodpack/goodpack-resistance-at-1-67/ |
||||
| Useful To Me Not Useful To Me | |||||
|
New123
Elite |
23-Jun-2011 14:14
|
||||
|
x 0
x 1 Alert Admin |
I think another good counter to consider .. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
bsiong
Supreme |
14-Feb-2011 19:57
Yells: "The Greatest Wealth is Health" |
||||
|
x 0
x 0 Alert Admin |
|
||||
| Useful To Me Not Useful To Me | |||||
|
lynn89
Member |
07-Jan-2011 23:15
|
||||
|
x 0
x 0 Alert Admin |
Goodpack is trending higher, buying interest is increasing. Target Price S$2.60 |
||||
| Useful To Me Not Useful To Me | |||||
|
enghou
Senior |
16-Nov-2010 21:48
|
||||
|
x 0
x 0 Alert Admin |
Goodpack Ltd 1QFY Jun11 Results Strong start to the year Goodpack kicked off its financial year with steady 1Q numbers, which put the group on track to meet our high expectations. The yoy growth of 32% surpassed our full‐year expectation of 29%, but we note that this could be because of a low base a year ago, as demand recovery really took off in the second quarter of the last financial year. Our View Net profit for 1QFY Jun11 increased by 32% yoy to $9.7m, led by revenue growth of 35%. Margins continued to improve with operating margin rising to 35.5% (FY10: 34.6%) and net margin up to 27.8% (FY10: 27.3%). Growth was fuelled by sustained demand recovery and penetration into the transport of products such as ink. While Goodpack does not benefit directly from the record‐high rubber prices, we believe they make it easier for management to negotiate a better pricing for new contracts. With the decision to fund further fleet expansion via lease financing from its partner CIMC instead of buying outright, cash flow has improved significantly. During the quarter, net increase in cash excluding loans was US$12.1m, reducing net gearing to 0.26x from 0.34x and boosting cash war chest to US$88.5m. Management said this cash hoard will allow the group to finance a major IBC fleet expansion when demand from the auto sector warrants it. Action & Recommendation We maintain our estimates which assume net profit CAGR of 27% over the next three years. Our target price is raised to $2.48, pegged at 25x FY Jun11F, which still translates to a PEG of less than 1. We expect the main catalyst going forward to be sizeable contracts from the auto sector, which management is working hard to break into. Reiterate BUY. Source: Kim Eng Make Love More, Don't Make More Enemies |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pharoah88
Supreme |
31-Aug-2010 11:36
|
||||
|
x 0
x 0 Alert Admin |
Goodpack Neutral | $1.94 CIMB downgrades from Outperform on the view that the near-term growth prospects for the supplier of intermediate bulk containers have been priced in. Still, it lifts the target price to $1.94 from $1.89, based on 19X FY11 P/E, after increasing the FY11-12 earnings estimates by 0.1 to 2.4 per cent to factor in higher utilisation assumptions. |
||||
| Useful To Me Not Useful To Me | |||||
|
marubozu1688
Veteran |
04-Jul-2010 20:58
|
||||
|
x 0
x 0 Alert Admin |
Goodpack is forming a wedge. maybe a good trade buy near support, sell near resistance. Cut loss when breakdown from the wedge support. http://mystocksinvesting.com/singapore-stocks/goodpack/goodpackforming-a-wedge/ |
||||
| Useful To Me Not Useful To Me | |||||
|
ahpheng
Member |
28-Apr-2010 23:58
|
||||
|
x 0
x 0 Alert Admin |
Have reached its support line. Support - 1.61, Resist - 1.82, Watchout for H&S. ; ) Agree? Cheers. |
||||
| Useful To Me Not Useful To Me | |||||
|
lynn89
Member |
11-Apr-2010 23:59
|
||||
|
x 0
x 0 Alert Admin |
There is strong buying by investors. Should be treading upwards in the coming weeks !!! Buy-and-hold for long haul !!! | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
hotokee
Veteran |
19-Mar-2010 11:34
|
||||
|
x 0
x 0 Alert Admin |
Wah 21 cents difference? Big difference.
|
||||
| Useful To Me Not Useful To Me | |||||
|
susan66
Master |
19-Mar-2010 11:31
|
||||
|
x 0
x 0 Alert Admin |
Bullish counter, up all the way, can take note! | ||||
| Useful To Me Not Useful To Me | |||||
|
susan66
Master |
17-Feb-2010 12:25
|
||||
|
x 0
x 0 Alert Admin |
Recently just bought, today looks good, just taken profit at 1.47. | ||||
| Useful To Me Not Useful To Me | |||||
|
buylist
Senior |
28-Oct-2009 11:47
|
||||
|
x 0
x 0 Alert Admin |
Yesterday AGM passed all the matters including 3c dividends and rights to warrant at 22c. Just check a big buy queue at 1.22. Based on current price of 1.23 and if you pick up and exercise the warrant (total 90c), you would have made 33 cents per share.... Wow.....and add another 3 cents dividend Think this is your chance and if you miss it, too bad..... |
||||
| Useful To Me Not Useful To Me | |||||
|
buylist
Senior |
25-Oct-2009 23:55
|
||||
|
x 1
x 0 Alert Admin |
This week Goodpack has a good run. On 28 Oct 09, CD will appear beside the company name and holders would be rewarded 3c per shares. I would see this counter to continue its run towards $1.50. Do not forget that shareholders are get the rights to warrant and exercise it at 68c. This would make a good profit. If you are still sideline, you have lost a lot since I start calling it. |
||||
| Useful To Me Not Useful To Me | |||||
|
buylist
Senior |
22-Oct-2009 23:36
|
||||
|
x 0
x 0 Alert Admin |
this week goodpack has a good run. It wont be long to see $1.50 soon | ||||
| Useful To Me Not Useful To Me | |||||
|
buylist
Senior |
16-Oct-2009 17:01
|
||||
|
x 0
x 0 Alert Admin |
It is a good sign for Goodpack. Price increases with increased volume. After AGM on Oct 27, you will be pleased to see CD quoted. And next is the warrant issues..... Lots of positive. Warrants to convert at 80c..... STRONG BUY | ||||
| Useful To Me Not Useful To Me | |||||
|
dealer0168
Elite |
16-Oct-2009 14:41
|
||||
|
x 0
x 0 Alert Admin |
Performance today not bad. Hope it goes above $1.20 soon. | ||||
| Useful To Me Not Useful To Me | |||||