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zhuge_liang Supreme	08-Jul-2008 00:36        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kim Eng cuts Goodpack target price to $1.59 from $2.01, maintains Hold rating. Broker says lower target price reflects revised earnings estimates; cuts FY09, FY10 estimates by 10%, 13%, respectively to reflect continued pain from high oil prices. Adds, higher oil prices led to lower U.S. auto sales, although company says no drop off tyre shipments yet. Notes, speculation that company may be up for sale, but says high valuation proved barrier in past; "we do not foresee any M&A in the near term."
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zhuge_liang Supreme	30-May-2008 13:20        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Goodpack is a maker of bulk containers for storing and transporting commodities. It specialises in environmentally friendly intermediate bulk containers, or IBCs, which could replace wooden boxes and metal drums widely used in bulk cargo today. Sources said Goodpack hired Merrill Lynch more than a year ago to sell the company, but a deal was never done because of the company's pricey value. The stock traded at nearly $2.50 last July. Goodpack's stock has since fallen, but its PER is still 17.6x, while its sector peers trade at 11.9x, according to Thomson Reuters data. Valuations of many logistics companies, especially those based in Asia, have traded higher in the last few years, fuelled by the region's economic growth and demand for the transportation of raw materials and goods. China International Marine Containers (Group) Co, the nation's largest maker of shipping containers, bought a 3% stake in Goodpack in Apr. The company said in February it will provide packaging to Sinopec, China's largest refiner, and Sinochem, a major state-owned trader and producer of oil and petroleum products. The deal would allow Goodpack to tap into China's booming demand for rubber.
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zhuge_liang Supreme	30-May-2008 13:15        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Goodpack as hired Macquarie to seek strategic alternatives, sources familiar with the matter said on 30/5. The company is looking at a range of options, sources say, including selling itself to a strategic buyer or bringing in new investors. The company has a market value of US$572 million. Goodpack and Macquarie declined to comment.
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hogenterprise Senior	07-Dec-2007 16:21        hogenterprise About Contact  Quote this Post!
x 0   x 0  Alert Admin	GOODPACK: World's No.1 eco-friendly containers provider continues to tap global market  http://www.nextinsight.com.sg/content/view/149/55/
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focusy Senior	30-Nov-2007 14:48        focusy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Goodpack is up 25cts! Must be fund buying. 14:43:14 2.300 25,000 Sell Down 14:42:55 2.300 50,000 Buy Up 14:42:29 2.162 75,000 X 14:35:27 2.120 2,000 Sell Down 14:35:26 2.130 8,000 Sell Down 14:34:11 2.130 10,000 Sell Down 14:31:17 2.130 8,000 Sell Down 14:17:57 2.130 10,000 Sell Down 14:07:56 2.140 4,000 Buy Up 14:04:56 2.140 6,000 Buy Up 12:26:28 2.130 20,000 Buy Up 12:26:09 2.110 10,000 Buy Up 12:25:58 2.100 2,000 Buy Up 12:25:44 2.090 10,000 Buy Up 12:23:25 2.080 1,000 Sell Down 12:23:15 2.080 2,000 Buy Up 12:22:20 2.080 1,000 Buy Up 12:19:19 2.080 3,000 Buy Up 11:56:05 2.080 11,000 Buy Up 11:54:52 2.050 5,000 Buy Up 11:51:54 2.030 2,000 Buy Up 11:27:49 2.000 3,000 Sell Down 11:26:33 2.010 3,000 Sell Down 11:18:51 2.010 1,000 Sell Down 11:16:59 2.010 4,000 Sell Down 11:08:43 2.020 6,000 Sell Down 11:05:06 2.030 4,000 Buy Up 09:49:11 2.000 3,000 Sell Down
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Nokita Senior	29-Nov-2007 16:34        Nokita About Contact  Quote this Post!
x 0   x 0  Alert Admin	Goodpack on the move today: Up 8 cents! Now: $1.98 Volume: 515,000 shares!
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Nokita Senior	19-Nov-2007 11:53        Nokita About Contact  Quote this Post!
x 0   x 0  Alert Admin	Goodpack is the No.1 in the world in its industry. Company on Merrill Lynch (?) road show this week. http://www.nextinsight.com.sg/content/view/128/55/
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singaporegal Supreme	17-Nov-2006 16:07        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	Lousy volumes... TA people should avoid
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zhuge_liang Supreme	16-Nov-2006 23:38        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Merrill Lynch says it has raised its rating to "buy" from "neutral", with a target price of $2.00, because it believes growth in the company's earnings will speed up, having been sluggish in its financial first quarter ended September. Merrill Lynch said in a note to clients that it expected Goodpack's net profit to rise to US$22 mln in the year to next June from US$18 mln in the year to last June, to US$27 mln in the year to June 2008 and to US$34 mln in the year to June 2009. "We believe Goodpack's share price is near bottom, having fallen 15% since August. The key catalyst is the announcement of a new customer, LanXess, which should revive growth in the second half." LanXess is one of the world's largest manufacturers of synthetic rubber and will use Goodpack exclusively to package its products, Merrill Lynch said.
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Nostradamus Supreme	06-Sep-2006 23:37        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	KE thinks results fell short of expectations for valid reasons. Net profit grew 18.5% to US$18.5m, falling short of their forecast as well as market consensus of US$20m. The variance was a direct consequence of revenue shortfall due to the need to ship newly built IBCs from China to North America in order to meet new Synthetic Rubber (SR) demand. This affected the overall utilization rate of its IBC fleet. Additional amount of US$1m provision for deferred tax liabilities was another reason. There was no compromise of margins Operating margins improved slightly from 35% to 35.8% despite higher freight and transportation expenses. Tight grip on overheads helped to cushion the rising variable costs like accessories cost. Higher depreciation charges as well as interest expense were driven by the group's record level of new IBCs added over FY06 (>300,000). After successfully penetrating the SR market, management is thinking out of the box again. Goodpack is developing the packing of ink/paint/viscose liquid, tomatos, liquid eggs using its patented Mbox. Judging from its previous track record, normally this should lead to further improvement in trade-lane matching and eventually the average yield on its IBC fleet. There's a change in mindset. While ramping up the production of new IBCs to meet the insatiable demand provides a fast solution, management prefers to focus on squeezing more revenue out of each box through better trade lane match. An effective yield enhancement program was already in place and expected to show results in the next 12 months. Superior earnings visibility, attractive and sustainable margins as well as global-leader status are attributes that they like the stock for and felt its premium valuations are justified. They have adjusted their earnings forecasts for FY07 and FY08 by 12% and 10% respectively to factor in the cut-back in box-build program. KE has a price target of $2.40.
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Nostradamus Supreme	01-Sep-2006 12:53        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBSV has slashed its price target to $1.68. "While we believe that the group remains in a strong position to penetrate new market segments in food and beverage, the slowdown in delivery of new intermediate bulk container (IBC) boxes resulted in a lower turn per IBC box," DBSV said in a client note. "As such, we have lowered our (year to June) 2007 earnings forecast to US$22.2m," it added.
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Nostradamus Supreme	01-Sep-2006 12:50        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	CIMB said it has cut its target price to $1.97 on the company's poorer earnings prospects after its year to June result came in below the brokerage's expectation and the market's consensus forecast. The supplier of intermediate bulk containers (IBCs) posted a year to June net profit result coming in 8% below CIMB's expectation and 11% below the market consensus. The weaker-than-expected performance was attributed to the return of 95, 000 boxes to manufacturers for more thorough quality checks and reduced yield per box in the fourth quarter as box positioning was re-jigged. CIMB also lowered its earnings projections for Goodpack to US$26.9m for the year to June 2007 and to US$36.2m for the year to June 2008 and gave a year to June 2009 earnings estimate of US$45.3m. "Demand remains very strong with various initiatives kicking in, but supply side problems triggered our earnings cut," CIMB said in a note. It said it expects only 250,000 new boxes to be added to circulation as manufacturer resources committed to quality checks reduce box production in the year to June 2007 to 150,000-200,000 units. However CIMB is keeping its "outperform" call on the stock, saying the company's fundamentals remain intact.
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